yk and all-
almost always, statements can be twisted in order to achieve the desired accomplishment. in this case, yk has either twisted his own words, or as weve already noted, simply left his statements vague enough to claim his little october victory (finally, right yk? only took 5 chances or something?). i will post here some of yks statements, in chronological order, so that we can break down this "victory".......
the present financial system will be.....if not in a crash-down mode, then certainly in a state of war.
...if things collapse money may well become non-negotiable or hyperinflation could render $100 equivalent to about 2 cents in a matter of days.
Some of you may wonder what the connection is between a dollar meltdown and the teachings of Jehovah’s Witnesses........At some point the almighty dollar will have to bow before the Almighty Jehovah
okay, quick break here to summarize......so far weve seen mention of the financial system being in crash-down mode, or in a state of war, (note here, that the "financial system" would be in a state of war, NOT the u.s. system as he is now claiming was the meaning of his words). we also have here this talk of the "dollar meltdown" and the "almighty dollar" becoming "non-negotiable." people, hes already set the parameters.....the dollar will crash, its plainly stated in his first post. (of course, the u.s. being in a state of war supercedes all these other predictions, and victory is claimed by yk).
more quotes....
It is definitely going to get interesting when and if the markets open...
oh, but yk, the markets are just a "side-show" that doesnt interest you, remember?? lets quote that one too, just for memorys sake...
The stock market is just a small part of the financial system. It's only a sideshow and I have no interest in that.
but yk, for a "sideshow" that you have "no interest" in, you sure do mention the market a lot with your predictions......
The NY TIMES stated that is was every American's patriotic duty, come Monday, to go out and buy as much stock as you can afford. That's because the financial system is now in a crash-down mode and they are in a panic to hold it together.
hmmm, more talk of this "side-show", namely, the stock market. well, you have no interest in it, and its just a "small part" of the financial picture, but id say you know as well as the rest of us do, that the market IS the financial picture, not just a small part, and thats why you mention it so many times in your posts on this thread. the fact is, everything is gauged on how the markets perform, becuase so much of americas wealth is wrapped up in THE MARKETS. no, they are not a "side-show", they are a clear indicator of the financial system. why does the fed cut rates and supply liquidity to the banks? to stimulate THE MARKET. what moves the numbers up and down on the vast majority of american citizens 401k statements? THE MARKET. what would absolutely HAVE to COMPLETELY collapse before we would ever have a "dollar meltdown"? THE MARKET. yes indeed, the market is the indicator, and as we speak, we are having a market correction (the dow is down about 5%, monday morning), which is exactly what was expected following this sudden disaster that hit new york. in order for yk to be correct in his predictions though, the market will have to continue to fall....in fact, the market would certainly have to COMPLETELY crash in order for us to get a "dollar meltdown", and even then it wouldnt be a given. the u.s. economy has lived through several market crashes and many recessions, and has recovered every single time, just as it will this time. if anyone is unaware of past market conditions and reactions to sudden disasters, please see my previous post. we are getting exactly what was predicted by all the economic anaylists, a 5-10% drop today and throughout this week, and then stablization.
youknow was predicting disaster for the market (notice he hinted that it may not even open), and then he no doubt backed off from that stance when he realized the markets would in fact stabilize after a correction,(probably watching cnbc), and he then deemed the markets nothing more than a "side-show" that really has little impact on the financial system (its only a "small part"). a "prophet" backtracking, what a surprise (see history of c.t. russell).
aa