“It is all about taking money from us and transferring it into government pockets. And then, taking money from government pockets, and transferring it into the hands of the elite. It’s a game that’s been going on for generations and its time for the humanity to say that ‘enough is enough’.” -Epic Economist
“We’re seeing a lot of warning signs people should be worried about, but again they’re dismissing them, much the way they did 10 years ago. You know, we’re getting close to the 10-year anniversary of the 2008 financial crisis. Remember, the whole thing started in August of 2008. Here we are August 2018, 10 years later. I think we’re heading for an even bigger crisis and the same people are even more clueless.” –Peter Schiff
Way more than ten financial gurus have been predicting economic collapse soon, but in the video below, they say ten. Peter Schiff… David Stockman… Scott Minerd… Paul Tudor Jones… Ray Dalio… John Hussman… Jim Willie… Ron Paul… James Davidson… Warren Buffet… Marc Faber… Andrew Smithers… Gerald Celente… along with many other pundits calling for a crash – all are expecting a huge stock market collapse and high inflation with dollars and other paper fiat currencies losing purchasing power while gold and silver soar. If the global economy collapses expect social chaos, civil wars between peoples of different politics, race, religion – all over the world. Eventually, WWIII will seem like an acceptable way out of economic Great Depression II.
Even Bible prophecy suggests economic depression and famine prior to Armageddon. Revelation 6:3 says: “A quart of wheat for a denarius, and three quarts of barley for a denarius.” A denarius was a typical day’s wage for hard labor. In today’s terms – a loaf of good bread, or three cheap loaves, for a hard day’s work. That allows a man to feed himself a low quality portion of food if he uses every cent he earns to do it. Forget rent, utilities, healthcare, tuition, entertainment… forget a wife and kids. That situation would lead to social chaos fast. Revelation 13:17 says there will be a political dictator known as the Antichrist who “provides that no one will be able to buy or to sell, except the one who has the mark.” Perhaps, people would accept this change if their old system of money had collapsed and become worthless. If this happens, WWIII will be right around the corner.
But all that aside, and back to here and now:
Jim Rogers says the financial crash that destroyed Lehman Brothers in 2008 was because of too much debt, and that debts have grown much worse so we should expect the worst economic crash in his lifetime… (JR was born in 1942.)
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