ISDA to Decide if 5 Major US Banks Go Bankrupt This Week
Corroborating with mainstream media articles, Benjamin Fulford, and the general trend I alluded to in my article “2012: The fall of the US Dollar Hegemony,” Jim Sinclair gives an interview with Martin Ellis which states 5 major US financial institutions will go bankrupt this week.
Some very big banks have certainly lost more money than exists in the real world. Every year January is a month for settlements of accounts among major banking players. January of 2012 is going to be a very interesting month.
The talk is that Citibank, J.P. Morgan and Bank of America are among the doomed entities. Then of course there is the universal disgust at Goldman Sachs that is not going to go away quietly.
Taken together with a sky-rocketing debt ceiling, a failing Eurozone, and increasing awareness of the fraudulence perpetrated by fiat paper dollars and you have the perfect storm for a MAJOR credit event.
http://jhaines6.wordpress.com/2012/...
Opens in media box [Open in new window]
Behold a black horse... Revelation 6:5-6
All views and opinions expressed are those of the individual posting them and are not necessarily the views of Rap-Con.com or its operators.
Become a Rap-Con Supporter!



Could this be the nail in the
Wed, 02/01/2012 - 13:49Could this be the nail in the coffin for economic collapse? Doesn't look too well for the U.S.
Correct, Brother
Wed, 02/01/2012 - 14:06It certainly looks bad doesnt it?
February
Wed, 02/01/2012 - 14:16is going to be a rough month! I can't wait to see Jesus. Now is the time to repent and believe the Gospel! I honestly want to go door-to-door or street preach or something. Pass out Gospel tracts, witness in a super-market, anything really. No is not the time to be shy.
OUR TIME IS ALMOST UP!
Cloak
Wed, 02/01/2012 - 15:10Seems like the media is cloaking all of this in secrecy. I guess to keep the masses from going into hysteria. Father come quickly! I'm glad that I have safety and security in Jesus!
I stand amazed
Wed, 02/01/2012 - 18:51I agree. I am amazed at how peaceful I am deep in my soul. I see fear around me in some and in others, denial that this speeding train is about to crash. I am so grateful to my LORD and Savior, Jesus Christ, for his unbounded love and mercy. I pray each day that my life will be a witness to those around me who have not yet called on him for salvation.
this is huge
Wed, 02/01/2012 - 20:51things are moving at the speed of Jesus YAY for his salvation.