by Michael Snyder, The Economic Collapse Blog:
If virtually everyone is expecting a recession, and most people start acting accordingly, do you think that will make an economic downturn less likely or more likely? Needless to say, the answer to that question is obvious. Right now, banks all over the country are getting really tight with their money, large corporations are laying off workers at a frightening pace, and consumers are cutting back on their spending. In other words, it really is starting to look a lot like a recession out there, and economic conditions are only going to get even more harsh in the months ahead.
The ever-treacherous Khazarian Cabal
After Robert Maxwell dropped his bid for Bluebonnet, the S&L was sold to insurance man James Fail under exceedingly strange financial circumstances. His backers ranged from figures tied to George H.W. Bush and Arkansas financier and covert “money shuffler” Jackson Stephens.
