“When traditionally stable institutions like Deutsche Bank find themselves in trouble, it’s a signal that the world’s financial system will face big problems down the road, legendary investor Jim Rogers has told RT. On Monday, [July 8, 2019] the German multinational investment bank –and the world’s 15th largest bank by total assets– started cutting thousands … Continue reading
“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 … Continue reading
From rt.com: Next bear market will be ‘worst in our lifetime’ – Jim Rogers “This week’s dramatic stock market sell-off has raised concerns of an impending bear market, which, according to legendary investor Jim Rogers, will be more catastrophic than any other market downturn that he has lived through. “When we have a bear market … Continue reading
“Western Civilization is Going to Collapse” And if Rogers is right (like he usually is, which is why he’s a billionaire) do you really believe there won’t be social unrest and WAR? As European economies collapse, the Middle East goes from bad to worse, and the most powerful Islamic dictatorships still standing (Turkey and Iran) … Continue reading
This and much more can be found at the full original Zerohedge article of the same name: “…get prepared because we’re going to have the worst economic problems we’ve had in your lifetime or my lifetime and when that happens a lot of people are going to disappear. In 2008 Bear Stearns disappeared, Bear Stearns … Continue reading
Jim Rogers explains why massive debts and the greedy currency manipulation by central banks and our Federal Reserve will inevitably lead to systemic collapse. The reaction before the crash is low interest rates as a financial stimulus to borrow and spend. But once faith in the currency and the government begins to unfold, the collapse … Continue reading
Peter Schiff has been predicting economic collapse for many years – any search for his name on Youtube brings up titles like: Peter Schiff: This Collapse Will Be Worse Than The Great Depression Peter Schiff: Something Worse Than The Great Depression Is Imminent And There’s No Way Out ECONOMIC APOCALYPSE in 2016? Peter Schiff Says … Continue reading
Deutsche Bank has already announced about 200 bank branch closures in Germany. We know they offered extremely high interest rates on new deposits some months ago, hinting that interbank lending to them had ceased – that their fellow large banks were unwilling to keep loaning money to them through normal channels. Their stock price has … Continue reading
For those who don’t know, Jim Rogers is a commodities expert and made a huge fortune in gold around 1980. As for selling everything in a panic, Jim was only agreeing with another pundit’s quote, but aside from agriculture, China, and Russia, he seems bearish. He acknowledges a fall in commodity prices, including oil, and … Continue reading