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Financial crisis

$850 Billion Bailout Fails to Ease Global Financial Crisis

Tuesday, October 07, 2008
by Mike Adams, the Health Ranger
Editor of NaturalNews.com (See all articles...)
Tags: financial crisis, health news, Natural News


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(NaturalNews) Today the world was rocked by serious financial events that have driven the global finance system to the brink of real disaster. The scary part in all this? The bailout failed to ease fears.

That's right: The $850 billion bailout didn't work. At least not yet. And world markets were crashing today, sending investors running for cover.

The Fed, for its part, created a whopping $900 billion in new money on Monday and shoveled it into the banking system, desperately hoping to create liquidity where none now exists. How does the Fed create money out of thin air? Watch this eye-opening video explanation of how the Fed and the U.S. government conspire to create money out of nothing: http://www.youtube.com/watch?v=4dpJL6ANnV0

The world now watches and waits to see if the global banking system will retreat from the edge of the abyss.

My best guess is that there's now an 80% chance of a calming of fears later this week, following by the post-bailout hyperinflation trends we've already talked about. Unfortunately, I think there's a 20% chance the entire global financial system will come crashing down over the next few days or weeks, resulting in a mandatory global bank holiday that will result in widespread financial ruin, and then a "rebooting" of the banks that would be messy.

It's very important that you take action to protect yourself now (if you haven't already) from the global financial crisis that's still unfolding. I give specific strategies in my Health Ranger LIVE audio event, which you can read about at: http://www.naturalnews.com/024221.html

The Next Big Wave of Bankruptcies: Corporations and Governments

The next wave of bankruptcies are going to strike corporations and governments very soon. The State of California has already declared it's bankrupt, and it needs a $7 billion loan from Washington just to keep operating.

Corporations, too, are going to be badly hurt in the months ahead, especially following the abysmal Christmas shopping season I'm publicly predicting.

If your paycheck currently depends on a government office or a corporation that sells things to consumers (cars, toys, clothing, books, coffee, etc.), then the future of your paycheck may be in serious jeopardy.

What to Expect Next

I overestimated the post-bailout euphoria. I thought the market would rally on Monday. The fact that it didn't shows that I was too optimistic about my predictions. The situation is worse than I thought. The 800-point nosedive clearly says that global investors are deeply concerned about the future of stocks, bonds, debt bonds and even the U.S. dollar as a currency. CNBC's Jim Cramer even went on the air and announced everybody should "Sell everything!" His prediction? A twenty percent drop across the markets.

Keep a close watch on this situation. These are strange times. Nobody knows exactly what will happen next. Protect your assets, because it has become quite clear now that your government is doing virtually nothing useful to protect them for you.

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About the author:Mike Adams (aka the "Health Ranger") is a best selling author (#1 best selling science book on Amazon.com) and a globally recognized scientific researcher in clean foods. He serves as the founding editor of NaturalNews.com and the lab science director of an internationally accredited (ISO 17025) analytical laboratory known as CWC Labs. There, he was awarded a Certificate of Excellence for achieving extremely high accuracy in the analysis of toxic elements in unknown water samples using ICP-MS instrumentation. Adams is also highly proficient in running liquid chromatography, ion chromatography and mass spectrometry time-of-flight analytical instrumentation.

Adams is a person of color whose ancestors include Africans and Native American Indians. He's also of Native American heritage, which he credits as inspiring his "Health Ranger" passion for protecting life and nature against the destruction caused by chemicals, heavy metals and other forms of pollution.

Adams is the founder and publisher of the open source science journal Natural Science Journal, the author of numerous peer-reviewed science papers published by the journal, and the author of the world's first book that published ICP-MS heavy metals analysis results for foods, dietary supplements, pet food, spices and fast food. The book is entitled Food Forensics and is published by BenBella Books.

In his laboratory research, Adams has made numerous food safety breakthroughs such as revealing rice protein products imported from Asia to be contaminated with toxic heavy metals like lead, cadmium and tungsten. Adams was the first food science researcher to document high levels of tungsten in superfoods. He also discovered over 11 ppm lead in imported mangosteen powder, and led an industry-wide voluntary agreement to limit heavy metals in rice protein products.

In addition to his lab work, Adams is also the (non-paid) executive director of the non-profit Consumer Wellness Center (CWC), an organization that redirects 100% of its donations receipts to grant programs that teach children and women how to grow their own food or vastly improve their nutrition. Through the non-profit CWC, Adams also launched Nutrition Rescue, a program that donates essential vitamins to people in need. Click here to see some of the CWC success stories.

With a background in science and software technology, Adams is the original founder of the email newsletter technology company known as Arial Software. Using his technical experience combined with his love for natural health, Adams developed and deployed the content management system currently driving NaturalNews.com. He also engineered the high-level statistical algorithms that power SCIENCE.naturalnews.com, a massive research resource featuring over 10 million scientific studies.

Adams is well known for his incredibly popular consumer activism video blowing the lid on fake blueberries used throughout the food supply. He has also exposed "strange fibers" found in Chicken McNuggets, fake academic credentials of so-called health "gurus," dangerous "detox" products imported as battery acid and sold for oral consumption, fake acai berry scams, the California raw milk raids, the vaccine research fraud revealed by industry whistleblowers and many other topics.

Adams has also helped defend the rights of home gardeners and protect the medical freedom rights of parents. Adams is widely recognized to have made a remarkable global impact on issues like GMOs, vaccines, nutrition therapies, human consciousness.

In addition to his activism, Adams is an accomplished musician who has released over a dozen popular songs covering a variety of activism topics.

Click here to read a more detailed bio on Mike Adams, the Health Ranger, at HealthRanger.com.

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