Global Collapse Scheduled in 3 Months!!!! (Video)

Global Collapse Scheduled in 3 Months!!!! (Video)

Paulson & Co. Says Writedowns May Reach $1.3 Trillion
John Paulson, founder of hedge fund Paulson & Co., said global
writedowns and losses from the credit crisis may reach $1.3 trillion,
exceeding the International Monetary Fund's $945 billion estimate.
``We're only about a third of the way through the writedowns,''
Paulson, 52, told the GAIM International hedge fund conference in
Monaco today. ``There are a lot of problems out there and it will
continue to be felt through the year. We don't see any signs of
stabilizing.'' Paulson, whose New York-based company manages about $33
billion, made bets that subprime-mortgage debt would fall after he
noticed ``bubble like'' prices. His Paulson Partners fund rose 18
percent a year since it started in 1994, and his main fund focused on
subprime debt rose 591 percent last year.
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http://www.truthzonetv.com/view_video.php?video_id=447 Part 1

RBS issues global stock and credit crash alert
The Royal Bank of Scotland has advised clients to brace for a
full-fledged crash in global stock and credit markets over the next
three months as inflation paralyses the major central banks. "A very
nasty period is soon to be upon us - be prepared," said Bob Janjuah,
the bank's credit strategist. A report by the bank's research team
warns that the S&P 500 index of Wall Street equities is likely to fall
by more than 300 points to around 1050 by September as "all the
chickens come home to roost" from the excesses of the global boom,
with contagion spreading across Europe and emerging markets. Such a
slide on world bourses would amount to one of the worst bear markets
over the last century.

http://www.truthzonetv.com/view_video.php?video_id=448 Part 2

World Crude Production Has Peaked: Pickens
World crude oil production has topped out at 85 million barrels per
day even as demand keeps climbing, helping to drive a stunning surge
in prices, billionaire oil investor Boone Pickens said on Tuesday. "I
do believe you have peaked out at 85 million barrels a day globally,"
Pickens, who heads BP Capital hedge fund with more than $4 billion
under management, said during testimony to the Senate Energy and
Natural Resources Committee. The United States alone has been using
"21 million barrels of the 85 million and producing about 7 of the 21,
so if I could take just a minute on this point, the demand is about
86.4 million barrels a day, and when the demand is greater than the
supply, the price has to go up until it kills demand," Pickens told
lawmakers.

http://www.truthzonetv.com/view_video.php?video_id=449 Part 3