“I have lost everything. I don’t know what to do… I trusted the government too much…” he exclaims, adding “I won’t touch stocks again, I have ruined everyone in my family.” Full article at Infowars.com HERE The same agony is coming soon to the United States and the rest of the world. Too many amateurs … Continue reading
Well we ARE in the Last Days, by the conclusions of all my research – but does China have to make the end game so… obvious? When people (nations) don’t trust the US government to pay back what it owes they dump US dollars for something inherently valuable – like gold. Over the last 15 … Continue reading
Are you prepared for the biblical end times? Are you even prepared for economic collapse? Doug Casey: Economy Will Crash, World War III Coming & End Cash Martin Armstrong: Why The Next Major Economic Collapse Is Rapidly Approaching 2015-2016 U.S. Economic Collapse is Coming Says Ron Paul Robert Kiyosaki: Why An Economic Crash Is Coming … Continue reading
When we play “Monopoly” we agree to pretend, for a time (during the game) that the orange $500 bills have great value. We suspend our disbelief and ignore their inherent worthlessness. Even US (paper) dollars are, in the words of one wise man, an “IOU nothing.” They are a promise from a government few should … Continue reading
from http://beforeitsnews.com/foreclosure-gate/2015/06/the-economic-collapse-blog-has-issued-a-red-alert-for-the-last-six-months-of-2015-2446786.html Ever since I started The Economic Collapse Blog in late 2009, I have never issued any kind of “red alert” for any specific period of time. As an attorney, I was trained to be level-headed and to only come to conclusions that were warranted by the evidence. So this is not something that … Continue reading
From the article: Lindsey Williams, Martin Armstrong And Alex Jones All Warn About What Is Coming In The Fall Of 2015 Not since the financial crash of 2008 have so many prominent people issued such urgent warnings about a specific time period. Almost daily now, really big names are coming out with chilling predictions about … Continue reading
By MacDonald Dzirutwe HARARE (Reuters) – Zimbabweans will start exchanging ‘quadrillions’ of local dollars for a few U.S. dollars next week, as President Robert Mugabe’s government discards its virtually worthless national currency, the central bank said on Thursday. The southern African country started using foreign currencies like the U.S. dollar and South African rand in … Continue reading
the current bubbles are so large and fragile that air is already coming out with rates still locked at zero. However, unlike prior bubbles that pricked in response to Fed rate hikes, the current bubble may be the first to burst without a pin. It appears the Fed fears this and will do everything it can to … Continue reading
originally from http://coyoteprime-runningcauseicantfly.blogspot.com/2015/06/the-economy-if-youre-older-than-40-and.html “the math tells me a meltdown at a scale four to five times greater than any we’ve seen in this nation’s economic history, including 1929 and 2008, is inevitable unless we stop this and with every day that passes the amount of accumulated damage that there is no way to evade grows … Continue reading
Obama expounds the limits of Iran’s anti-semitism, Power Line, Scott Johnson, May 22, 2015 Assuming that Obama intends his remarks to be taken seriously, which I don’t, I find Obama’s comments among the stupidest and most ignorant he has ever uttered, although I concede on this point that that the competition is stiff. ********************* In the … Continue reading
AWWWW, those poor big banks will have to pay back a fraction of a per cent of their illegal profits – why that almost qualifies as a slap on the wrist! Way to go, corrupt politicians! Make it look like you’re fighting corruption (but not too much, don’t bite the hand that feeds you.) Remember … Continue reading
Hugo Salinas-Price says “the global debt is $200 trillion, and it’s grown from the last crisis in 2008. Something has to happen to take care of that debt. Either it’s going to be repudiated or it’s going to be inflated away, or it’s going to be paid with taxation. . . . We are headed … Continue reading
“Bill wants readers of SGT Report to understand that “the stock market(s) are merely a side show to the grand Big Top circus of the credit markets because the credit (bond) markets are so much larger than the equity markets.” And Bill says when the credit markets implode – EVERYTHING will implode. So how will … Continue reading
In video interviews like this one and this one Gerald Celente discusses his surprise that a global economic collapse has been postponed this long. We no longer have free market capitalism. We have huge government interference and politicians collaborate with bankers. Who would have believed (in a true free market) that the public would accept … Continue reading
“Rebellion Against and Rejection of the Dollar” Video Interview HERE Jim Willie always argues that the system of fake money America has imposed on itself and the world in recent decades (since breaking loose from any ties to real value backed by gold and silver) can’t last forever. The only reason it lasted this long … Continue reading
You can’t allow the Americans to print trillions of dollars, cover their debt and give to their bankers and expect no consequence with the rest of the world on the cost structure to the global economy. ..QE [Quantitative Easing] is a DEATH SENTENCE. Zero interest rate is a DEATH SENTENCE. And what it means is that you’re … Continue reading
Though I think Jim is right, he has been making the same call for years. He has been saying “the sky is falling” sounding like Chicken Little for so long he sounds wrong, but it will happen someday and probably by early 2016 at the latest. Video Interview HERE Jim blames QE and ZIRP You … Continue reading
“It’s one of the scariest moments in our history,” warns Ronald Reagan’s former Budget Advisor, David Stockman, during a recent video interview that tackles concerns over the future of America’s economy. “The only way to correct this is to let this bubble burst” adds Harry Dent, the famed Harvard economist. Not missing a beat, Stockman … Continue reading
In this video on the Pete Santilli show, Pete says we should listen to Gerald Celente and expect economic collapse to begin as soon as May 2015. The audio is terrible, and Pete is dressed as if he were high when he chose his clothing for an on camera appearance… But that doesn’t change the … Continue reading
Full article HERE “There is an unprecedented reset coming to world financial markets and if you’ve been paying attention it’s impossible to ignore the signs. In fact mega-investment funds, governments and central banks have been secretly buying up and storing physical gold in anticipation of an event that will leave the U.S. dollar effectively worthless and governments … Continue reading