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Global Financial Crisis

Global Financial Crisis

European stocks drop sharply at open
Thursday 20 November 2008
European stocks fell sharply on Thursday morning, following plunges on the Asian markets and on Wall Street. The German Dax fell by 1.82%, London's FTSE slid 2.25% and France's CAC 40 plunged 2.70 percent as trade opened.
http://www.france24.com/en/20081120-european-stocks-drop-sharply-open-fi...

AstraZeneca to cut 1,400 jobs
Wolseley lays off 2,300 as UK job losses mount
http://business.timesonline.co.uk/tol/business/industry_sectors/construc...

The Dow Jones industrial average .DJI tumbled 427.47 points, or 5.07 percent, to 7,997.28.
It was the first time the Dow closed below the 8,000 level since March 2003.
http://uk.reuters.com/article/usMktRpt/idUKN1935861220081119

World gripped by largest financial crisis in 100 years
http://english.pravda.ru/business/finance/17-09-2008/106378-financial_cr...

World Financial Crisis: India's Hurting, Too
Despite reassuring words from India's Finance Minister, the country is clearly feeling the shock waves of the global crisis
http://www.businessweek.com/globalbiz/content/oct2008/gb2008108_870698.h...

Fed sees economic woes persisting into next year
http://www.chinadaily.com.cn/world/world_subprime_page.html

The first misconception that most people have is that the Federal Reserve Bank is a branch of the US government.
IT IS NOT. THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY.

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The FED controls and profits by printing WORTHLESS PAPER, called money, through the Treasury,
Regulating its value, AND THE BIGGEST OUTRAGE OF ALL, COLLECTING INTEREST ON IT!
(THE SO-CALLED NATIONAL DEBT). The FED began with approximately 300 people or banks that became owners,
Stockholders purchasing stock at $100 per share - the stock is not publicly traded)
In the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison.
The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders.
The Congress illegally gave the FED the right to print money through the Treasury at no interest to the FED.

The FED creates money from nothing, and loans it back to us through banks

http://community.marketwatch.com/groups/usgeopolitics-solutions/topics/o...

Shares Near 6-Year Low, With More Losses Feared
http://www.nytimes.com/2008/11/20/business/economy/20markets.html?partne...

The Great Depression of the 21st Century: Collapse of the Real Economy
by Michel Chossudovsky
http://www.globalresearch.ca/index.php?context=va&aid=10977

Finance crisis: In graphics
http://news.bbc.co.uk/1/hi/business/7644238.stm
The Global Financial Crisis in Photos
http://www.time.com/time/photogallery/0,29307,1845923_1774401,00.html

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