Black People : We are NOT in a recession! You have been LIED to!

Ionlyspeaktruth

Well-Known Member
BANNED
Feb 26, 2008
856
6
We are in a Depression. Don't believe me? Well, pls look up the definition of BOTH. Our good friends AMERIKKKA first denied the recession, then said we were in one for a YEAR!!

Recession - http://en.wikipedia.org/wiki/Recession


Depression - http://en.wikipedia.org/wiki/Economic_depression


Want more proof? Amerikkka lost 100,000 jobs in ONE WEEK!

http://money.cnn.com/2009/01/30/news/economy/job_loss_roundup/index.htm?postversion=2009013014


Still more proof?

http://www.usatoday.com/money/economy/housing/2007-03-13-foreclosures_N.htm


Now since we have established what is happening, let me give you some advice, FREE.

(1) Do NOT entrust your savings, investments to anybody but the man/woman in the mirror. These people have lost much of your 401k's, retirement funds etc.. can you do much worse?

(2) Careful while buying property. Yes, they are at bargain prices but if those "bargain' prices go down more... then what kind of bargain? Also if you need to get outta dodge, can you sell it?

(3) Consider buying Gold, silver, platinum, etc.... keep at least 25% of your chedder in these precious metals.

(4) Keep CASH on hand (in a safety deposit box). Not just Dollars either. the dollar is in danger of getting hit BAD. because we are having to borrow so much money, this is creating inflation and devalueing the greenback. get some Euros, Swiss francs etc... You can always change them to whatever currency you like.

(5) Be NIMBLE. That means have less crap to hold you back from moving if you decide to. most all these things have ZERO value anyway, thereforr they are TRINKETS.


Well, thats my good deed for the day. Asham and the bill will be coming in the mail. :)
 
In the Spirit of Sankofa!

We are in a Depression. Don't believe me? Well, pls look up the definition of BOTH. Our good friends AMERIKKKA first denied the recession, then said we were in one for a YEAR!!

Recession - http://en.wikipedia.org/wiki/Recession


Depression - http://en.wikipedia.org/wiki/Economic_depression


Want more proof? Amerikkka lost 100,000 jobs in ONE WEEK!

http://money.cnn.com/2009/01/30/news/economy/job_loss_roundup/index.htm?postversion=2009013014


Still more proof?

http://www.usatoday.com/money/economy/housing/2007-03-13-foreclosures_N.htm


Now since we have established what is happening, let me give you some advice, FREE.

(1) Do NOT entrust your savings, investments to anybody but the man/woman in the mirror. These people have lost much of your 401k's, retirement funds etc.. can you do much worse?

(2) Careful while buying property. Yes, they are at bargain prices but if those "bargain' prices go down more... then what kind of bargain? Also if you need to get outta dodge, can you sell it?

(3) Consider buying Gold, silver, platinum, etc.... keep at least 25% of your chedder in these precious metals.

(4) Keep CASH on hand (in a safety deposit box). Not just Dollars either. the dollar is in danger of getting hit BAD. because we are having to borrow so much money, this is creating inflation and devalueing the greenback. get some Euros, Swiss francs etc... You can always change them to whatever currency you like.

(5) Be NIMBLE. That means have less crap to hold you back from moving if you decide to. most all these things have ZERO value anyway, thereforr they are TRINKETS.


Well, thats my good deed for the day. Asham and the bill will be coming in the mail. :)





Ionlyspeaktruth,

A very courageous step taken to explain this plummeting economy to our people. All you have stated lines up with my common saying: America is the Fall before Rome. All advice you have offered comes from your heart and your brains and is well received. Thank you my African Brother.

 
Thank You brother Clyde

Ionlyspeaktruth,

A very courageous step taken to explain this plummeting economy to our people. All you have stated lines up with my common saying: America is the Fall before Rome. All advice you have offered comes from your heart and your brains and is well received. Thank you my African Brother.




I am trying. I have been begging and pleading on this front. Many of our people are caugt up in a syndrome where they get used to being spun by the KKK govt and New World Order.:10500::10500: I will continue my efforts
 
I am trying. I have been begging and pleading on this front. Many of our people are caugt up in a syndrome where they get used to being spun by the KKK govt and New World Order.:10500::10500: I will continue my efforts
i think you're on to something,i went into an office building where six month ago there were several businesses and on the lobby floor there are now none,that's scary.
 
***Defining Line***

Economic Recession (noun) - a period of an economic contraction, sometimes limited in scope or duration.

Economic Depression (noun) - a sustained economic recession in which a nation's Gross National Product (GNP) is falling and marked by low production and sales and a high rate of business failures and unemployment.

GNP (noun) - The total market value of all the goods and services produced by a nation during a specified period.

A. Yes we are in a depression.:uhoh:

I foresee that commercial and retail businesses will also suffer in mass numbers....!:bazooka:

Thx 4 Sharing :golf:
 

Donate

Support destee.com, the oldest, most respectful, online black community in the world - PayPal or CashApp

Latest profile posts

Destee wrote on SleezyBigSlim's profile.
Hi @SleezyBigSlim ... Welcome Welcome Welcome ... :flowers: ... please make yourself at home ... :swings:
Destee wrote on Cindy's profile.
Hi @Cindy .... :wave: ... :flowers: ... :wave: ... Happy New Year Beloved! Welcome Home! Good to see you! Much Much Love and Peace :heart:
Back
Top