Q: Do you think this economic great depression will get worse as the time of the pole-shift approaches or will be contained by the aids banks are receiving from the various nations?
ZT: The current situation is a holding pattern. The liquidity pumped into the system is adequate for any business activity or home or car loans the public may desire. More will not be needed as everyone has become cautious, and the spending spree the American public has supported in the past has stopped. This was likewise true during the Great Depression, when business expansion almost halted and those who were not out of a job were extremely cautious about spending their cash. This will be called a "recession", but if the true unemployment figures were known, it would have to be declared a depression.