ZetaTalk: Transformation

worldwide, due to shortages and the need to replant and pay higher insurance premiums. Money spend on food is

diverted from other commodities, squeezing markets.

Second, physical damage to business and industry during earthquakes and storms have been on the uptick. Snapping

fuel and chemical delivery lines caused factory explosions, city streets imploded when steam vents were broken, and

buildings slumped into sinkholes. Where this has been treated as individual disasters by the media, rather than a trend,

the effect of this steady drip of disaster on business and industry is expense so that bankruptcies are on the increase.

This then results in job loss - unemployment and loss of a tax base.

Third, the Bush administration deliberately bankrupted the US in order to support their oil grab in the Middle East.

They knew the pole shift was coming, but did not have a firm date other than our White Lie stating that the pole shift

would occur 'shortly after May 15, 2003'. Thus, the invasion of Iraq just months ahead of that date. Their

determination to remain in Iraq, to eventually invade Saudi Arabia and Iran, created a massive financial drain on the

US. By spending on the war in Iraq, the Bush administration was not spending on boosting the US economy. Job loss

and bankruptcies continued, ignored.

Fourth, the housing bubble, deliberately promoted by the Republicans and the Bush administration in order to confuse

the world and especially the American people about the financial state of affairs. To maintain the war in Iraq, a facade

http://www.zetatalk2.com/index/zeta477.htm[2/5/2012 11:13:24 AM]

ZetaTalk: Market Crash

of financial health was needed so the American people would not rebel. In the short term, the construction industry

boomed. But all bubbles burst, and when they do the impact is worse than what was gained because it takes a long

time to regain confidence, a necessary ingredient for a humming economy which is essentially based on trust.

Despite the steps taken to encourage business and industry, to provide capital, and to provide new job starts, the

underlying problems with Earth change disasters and the expense of merely putting food on the table will continue. A

wise leader can turn this tide by encouraging alternative energy from wind, food from family gardens and cheap

protein from fish ponds, and public service by unemployed youth. These steps make for a smoother transition to the

survival communities of the future, after the pole shift. The drop from the boom times of the past, when Wall Street

was king and living on hot air, will continue. Deflated, the world will have to address the true state of affairs, or at

least will be forced in this direction.

Markets Routed in Global Sell-off

October 6 2008

In Iceland, the currency fell 30 per cent.

British Banks Lead Europe Markets Lower

October 7, 2008

The Australian dollar slumped by nearly 10 percent Monday.

Retirement Accounts Have Lost $2 Trillion

October 7, 2008

http://www.huffingtonpost.com/2008/10/07/retirement-accounts-have_n_132737.html

Americans' retirement plans have lost as much as $2 trillion in the past 15 months _ about 20

percent of their value _ Congress' top budget analyst estimated Tuesday as lawmakers began

investigating how turmoil in the financial industry is whittling away workers' nest eggs. More than

half the people surveyed in an Associated Press-GfK poll taken Sept. 27-30 said they worry they will

have to work longer because the value of their retirement savings has declined. The fear is well-

founded. Public and private pension funds and employees' private retirement savings accounts - like

401(k)'s - lost about 10 percent between the middle of 2007 and the middle of this year, and lost

another 10 percent just in the past three months, he estimated.

British Banks Lead Europe Markets Lower

October 7, 2008

http://biz.yahoo.com/ap/081007/world_markets.html

European stocks shed early gains Tuesday as ongoing fears about the health of the banking system,

particularly in Britain, offset hopes that the world's leading central banks will follow Australia's

lead and cut interest rates aggressively. RBS was not the only British banking stock in trouble amid

news reports that the chief executives of Britain's largest banks met up with British Treasury chief

Alistair Darling and Bank of England governor Mervyn King Monday night to discuss the possibility

of the government providing funding in exchange for stakes in the banks. The Reserve Bank of

Australia surprised markets when it slashed its key rate a full percentage point to 6 percent -- its

biggest cut since 1992.

Fed Joins 5 Central Banks - Cuts 1/2 point and Cites 'Intensification' of Crisis.

October 8, 2008:

http://money.cnn.com/2008/10/08/news/economy/fed_move/index.htm

The Federal Reserve, working in coordination with other central banks worldwide, enacted