While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” Alan Greenspan, former Chairman of the Board of Governors of the unlawful privately owned Federal Reserve System of (central) Banks, in an interview with the George Stephanopoulos, comments on the ongoing Great Recession, says that it is “probably a once in a century type of event. … There’s no question that this is in the process of outstripping anything I’ve seen, and it is still not resolved.”
[added 6/28/2022]
De facto senator John McCain, of the Federal enclave of Arizona, presidential nominee of the Republican (fascist/socialist) Party, in Jacksonville, florida, says, “Our economy, I believe, still, the fundamentals of our economy are strong. …”
Postscript: In the sixteen months that had elapsed since McCain declared his candidacy until the date he made this remark, 2,813,000 U.s. subject/enemy/citizens lost their jobs. In the year since McCain made this remark, another 5,378,000 Us SECs lost their jobs.
[added 5/8/2021]
Subsequent Events:
References:
http://unpan1.un.org/intradoc/groups/public/documents/apcity/unpan033507.pdf
unpan1.un.org/intradoc/groups/public/documents/apcity/unpan033507.pdf
Greenspan Says Crisis May Be ‘Once in Century’ Event (Update1) — Bloomberg.com
www.bloomberg.com/apps/news?pid=206/0106/8&sid=amVkrOCQNBQs&refer=home
Bureau of Labor Statistics Data
data.bls.gov/PDQ/servlet/SurveyOutputServlet
The Month When Reality Invaded by Gary North
www.lewrockwell.com/2008/10/gary-north/the-month-when-reality-invaded/
Giant Investment Banks Grasp for Government Safety Net
www.washingtonpost.com/wp-dyn/content/article/2008/09/21/AR2008092102340.html
Timeline of the United states housing bubble – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Timeline_of_the_United_States_housing_bubble
Subprime crisis impact timeline – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Subprime_crisis_impact_timeline
A Year in Bank Supervision: 2008 and a Few of Its Lessons
www.fdic.gov/regulations/examinations/supervisory/insights/sisum09/bank_supervision.html