Bilderberg.org

[lauchenauermartin]

To All, Regarding this info "just received" from M. in Switzerland this morning (3 March, 2009).

For those who don't know who Niall Ferguson is. He is not your ordinary hair-brained journalist. He is very well informed and one of the highest level City of London Corporation's key banking "insider"writers and commentators, and as such, does know what he's talking about!

A Scotsman, born in Glasgow in 1964, he has worked closely with the highest level of the City's banking fraternity [color=red](yes, the ones who rule the global economy and are now deliberately creating the existing global economic crisis as they take over the world)[/color] for years, including the British Rothschild's, having worked as their historian, and was commissioned to write the giant, 1309-page classic book, THE WORLD'S BANKER - The History of the House of Rothschild published in 1998 for them. Like a sort of "John the Baptist," Ferguson has obviously been commissioned by the City now to prepare Americans and "Uncle Sam" particularly for what is soon coming - and its not going to be nice! Jack.
----- Original Message -----
From:
Sent: Tuesday, March 03, 2009 7:03 AM
Subject: financial report - in blunt terms... (copyrighted) - SEE THE COLORED PARTS


----- Forwarded Message ----
From: Jerome Corsi's Red Alert
To:
Sent: Monday, March 2, 2009 5:27:35 PM
Subject: 'There will be blood"

RED ALERT TOP STORY:

Noted Harvard economist and best-selling author Niall Ferguson sent tremors through world financial markets when he announced that the global economic crisis has only just begun.[/color]

Before the crisis ends, he said there will be civil violence and governments will be toppled.[/color]

Ferguson warned, "There will be blood."[/color]

Read the latest now on RedAlert.WND.com

Red Alert
http://www.redalert.wnd.com/

MAJOR STORIES NOW POSTED:

ECONOMIC CRISIS
'There will be blood!'
Top financial analyst warns of civil violence, government overthrow

Noted Harvard economist and best-selling author Niall Ferguson sent tremors through world financial markets last week when he announced in a speech given in Ottawa, Canada, his studied conclusion that the global economic crisis has only just begun.

Before the economic crisis is over, Ferguson warned there will be civil violence and governments will be toppled.[/color]

Disagreeing with Federal Reserve Board Chairman Bernanke's testimony to Congress last week that the economic recovery could begin yet in 2009, Ferguson told the Canadians, "There will be blood."[/color]

"This is a crisis of globalization," Ferguson warned, according to a report of the speech published in the GlobalInvestor.com.

"A crisis of this magnitude is bound to increase political as well as economic [conflict]. It is bound to destabilize some countries," he warned. [color=red]"It will cause civil wars to break out that have been dormant. It will topple governments that were moderate and bring in governments that are extreme."[/color]

Ferguson explained his view that the current crisis is a crisis of debt leveraging.

"It's a crisis of excessive debt," he explained, "and the deleveraging process has barely begun. U.S. consumers are not going to suddenly bounce back and hit the shopping malls just because they get a tax cut."

Ferguson is well known for creating the phrase "Chimerica," a combination of China and America that he concocted to criticize the phenomenon of the U.S. selling massive quantities of U.S. Treasury debt to China, as a means of financing massive U.S. budget deficits.

"If you think of it as one economy called Chimerica, that relationship accounts for around 13 percent of the world's land surface, a quarter of its population, about a third of its gross domestic product, and somewhere over half of the global economic growth of the past six years," Ferguson wrote last November, as reported by the Vancouver Sun.

Ferguson has cautioned that depending upon the Chinese to save so that the U.S. may spend is an unreliable formula.

On her first foreign trip, Secretary of State Hillary Clinton made a stop in China to politely ask the Chinese to keep buying U.S. Treasuries.

[Acc. to this information Hillary has more or less handed over the US to China... http://atlasshrugs2000.typepad.com/atlas_shrugs/2009/02/obama-grants-eminent-domain-rights-to-american-land-to-china.html]

Yet, as much as the Obama administration would like to think the Chinese have no other choice, its government has been issuing none-too-subtle clues that the appetite for U.S. Treasuries is diminishing.

Niall Ferguson's current best-selling book, "The Ascent of Money: A Financial History of the World" was published in November 2008.


Books on Amazon by Niall Ferguson:

http://www.amazon.com/s/ref=nb_ss_gw_0_6?url=search-alias%3Dstripbooks&field-keywords=niall+ferguson&sprefix=Niall+
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