India’s stock market took the biggest plunge in its 129-year history Monday...

The coming world monetary crash...

India’s stock market took the biggest plunge in its 129-year history Monday...

“…the disaster back in the 1920s, My children, was as nothing compared to what will happen now.”

Indian stocks plunged as much as 17.5 percent on Monday in their biggest one-day fall ever as it became clear that a new leftist-backed government could be unstable and slow the pace of economic reform. India's communist parties decided on Monday not to join Sonia Gandhi's Congress-led coalition, but only support it from outside. This added to investor fears over the stability of the new government, which is likely to be sworn in on Wednesday.

The rupee and bonds both fell, having been boosted over the past year by record levels of foreign investment pouring in to Asia's third-largest economy. The stock market crash wiped out as much as $40 billion in investor wealth. The market turmoil forced the Reserve Bank of India to make an emergency statement reassuring investors it would intervene if necessary to make sure the banking system and foreign exchange markets worked smoothly. The comments helped dragged the markets off their lows, with stocks down 10 percent by mid-afternoon.

There is absolute chaos and my retail clients have lost heavily," said Hemang Raja, chief executive of Bombay brokerage IL&FS Investsmart. "People are talking about foreign funds looking pull out $1-$2 billion from India."

The Bombay Stock Exchange and National Stock Exchange suspended trade twice on Monday morning after their benchmark indices fell 15.5 percent and 17.5 percent, respectively. Both hit their lowest levels since September.

Investors fear the leftists, led by the Communist Party of India (Marxist), the third largest party in the parliament with 43 seats, will block or slow key reforms in Asia's third largest economy, especially privatization of bloated state firms. Brokers mill outside the Bombay Stock Exchange after trading was haulted.

Traders said the sharp slide was made worse by margin calls, in which brokers have to deposit money with the exchanges to back up transactions, after heavy losses last week. "There is blood on the street. People are just queuing up to sell," said Arun Kejriwal, director at research firm KRIS

The amazing Bayside Prophecies...
These prophecies came from Jesus, Mary, and the saints to Veronica Lueken at Bayside, NY, from 1968 to 1995:

A massive World Monetary Depression . . .
    Our Lady - "My child and My children, the days will grow darker, and there will be hunger in your land. Yes, My child, what I brought you here for this evening is to tell the world that there will be a crash in the monetary doings of your government—an absolute crash that will affect every man, woman, and child in the United States and Canada, and then, like a serpent, creep all over Europe, until the world sees one big, massive depression. I can illustrate to you, My children, what I mean by this monetary depression.
    "Should you go and wish to buy a small instrument, even a guitar, that We hear plucking away at the dervishly, and devilry, of what is called the musical Mass, strung by guitars, and other creations of satan. My child, I go on to tell you, you will say that the guitar is not a costly item, but in order to buy this guitar you will carry an actual satchel, an overnight bag-size, My child—let Us put it that way clearly—of notes, your currency. It will take a whole suitcase of paper—paper money that no longer has a value. You will soon be reduced to bartering for your food.
    "My child, I know you are affrighted at this word 'war'; 'death', 'turmoil', 'depression', but what can I do but tell you the truth. I cannot smooth over it, for I would be accepted like those upon earth who like ostriches, they walk about, proud in their scientific knowledge." (9-7-85)

A Godless Nation shall fall! . . .
Our Lady - "Without My Son you are lost. A godless nation shall fall. A nation that has been eaten away and rotted by sin shall fall. A nation that has turned itself back and regressed to a state of animal living bordering on all sins of the flesh and impurity; given over to all manner of seeking things of the world; power, lust, envy, hate, murders, abortions, worship of false idols; loving money, power, and lacking the instinct of survival when survival can only be reached by pleading from them to the merciful heart of the Eternal Father." (6-13-81)

A planned Great Depression . . .
    Jesus - "My child and My children, pray a constant vigilance of prayer. Keep this going throughout the United States and all of the nations of the world, for there is little time left. Soon, in the plans of the Eternal Father, He shall set forth and allow to come upon mankind, a great money disaster. In this way it will prove to you that the disaster back in the 1920's, My children, was as nothing compared to what will happen now. I talk of a great depression coming upon mankind." (10-1-88)

Destruction of the World Monetary Systems . . .
    Our Lady - "You will understand and broadcast the message to the world that there will be a great destruction in the monetary systems of the world. It will affect both the United States and Canada, and all the great powers of the world. And I repeat again: You will go to your stores to do your shopping carrying papers which may as well be newspapers, for the value they will have to purchase even food will be nil.
    "How can a great country like the United States fall, you say, My child? You ask Me in your heart. I read your heart. I will tell you why. Because they have given themselves over to satan. When a country has lost its morality and seeks the pleasures of the flesh, giving over, themselves over, to all manner of abominations, like homosexuality, and condoning this up the highest courts of the land, then that country shall fall." (11-1-85)

Gathering of the world's money to control the masses . . .
Jesus - "Man shall not create a new world as he seeks. For there cannot be a lasting world without His God. And I speak not of the false idols and gods that man creates in his human nature! There is only one Creator.
"You who cast aside this knowledge and choose to set yourselves up by power and the gathering of the world's money to control the masses, you will find that all of your power and all of your volumes of gold and silver cannot hold back the heavens as they descend upon you in a just chastisement. The world, the earth shall tremble, fear shall come upon mankind as he watches the approach of the destruction that he himself has chosen to set loose." (2-10-78)

Evil Force like an Octopus . . .
Our Lady - "There is a great evil force now enshrouding your world; it is like an octopus reaching out in every direction to ensnare the world. It is a force of evil set up by satan. There are many arms of the octopus controlled by the monies of the world.
"For the love of money and riches, many will sell their souls to get to the head. O My children, what do you gain if you gather all of the riches of the world and destroy your soul. When you come over the veil, and you will come over the veil, what will you bring with you - nothing of the material. You must gather your riches in Heaven now. They are supernatural: the graces, the merits that will allow you to enter into the Kingdom of your God." (6-24-76)

The Illuminati . . .
    Our Lady - "There is a group in the United States and the world, a group that started many years ago, calling itself the Illuminati, coming from the word 'light bearer'. Naturally, My children, this light that they bear stands for Lucifer, and as such they have gone through the world secretly known as Luciferians. They have brought into your country, the United States, and your neighbor Canada, a group of witchcraft practices. Well have they laid their plan to destroy your children with drugs, using your school systems, your medias of communication, your newspapers, your televisions, your radios: every means of communication has been infiltrated by the member and sub-members of the Illuminati, a conglomeration of individuals and powers and principalities throughout the world, and banking systems. As you well know, My children, money has always been the root of all evil, and many have sold their souls to get to the head.

You are worshiping idols . . .
    Jesus - "My children, you must change your values back to the plan of your God. As a nation, as a country, as in many countries throughout the world, you have become paganized and immoral. My children, it is the gauge for the fall of mankind: immorality and paganism. No nation shall stand without its God, the God in Heaven.
    "Man is creating many new god, god to feed his human nature; and it a basic carnal nature. Idolaters abound. When you worship in abundance, things, My children, you are worshiping idols! If you spend your time gathering things, money, power, you are worshiping idols. Remove yourself from these worldly pursuits.
     "It is a narrow road to the kingdom of your God, Heaven. Many are called but few are chosen. The road with satan is wide. Many walk it and can never leave, because there are too few prayers said for them and by them.
    "Nothing is impossible to your God. Man shall never reach the highest pinnacle of Heaven in knowledge." (3-18-78)

Many will sell their souls to get to the head . . .
Our Lady - "The road to Heaven, My children, is a narrow one; too few stay upon it. For they are often carried away with the cares of the world, and the pleasures of the materialistic pursuits, and their gathering of money and prestige and power. For what? For the few short years allotted to each human upon earth. I ask you to ask yourself: is it worth it to lose your soul? Many will sell their souls to get to the head." (11-20-79)

Gather your Graces . . .
Jesus - "You cannot accept two masters. One you will love, and the other you will learn to hate. And remember, My children, where your treasures are, your heart will always lie. And better that you gather your treasures in a place where there is neither rusting, nor attacks by moths, and robbers cannot take them from you. Store your treasures in Heaven, My children. Gather your graces. You must ransom your soul and the souls of your children, your households. Do not wait expecting to be repatriated at the last moment, My children. Many are coming across the veil unprepared, and, sadly, they cannot be accepted into the Kingdom." (8-5-77)

Store canned goods, water and blankets . . .
Our Lady - "My children, I caution you now, and I wish that you remember these instructions from several years ago in earth's time that I gave to you, to keep in your homes a good supply of canned good. They have shelf value, My children, they will not spoil. But better that you keep them and they spoil than to have come upon you the great Chastisement. It will be a ball of fire which will ignite many of the chemicals that are being stored up for the destruction of the nations.
"My children, not only with the canned foods will you store just food, but you must also make known to your families and your friends that they had best keep blankets and water in tight containers; for there will be on the onset of the Chastisement, there will be nothing that you can buy due to contamination." (7-1-85)

See the Bayside prophecies...
September 7 -- World monetary crash "One massive depression" (click here)

Links...
Indian Markets Crash on Turmoil, May 17, 2001
http://news.yahoo.com/news?tmpl=story&cid=568&u=/nm/20040517/bs_nm/markets_india_dc&printer=1