Charles Hugh Smith suggests: the world would benefit from a profoundly shattering economic depression “Does anyone really think The Everything Bubble can just keep inflating forever? What do I mean by a profoundly shattering recession? I mean, a systemic, crushing recession that can’t be reversed with central bank magic, a recession that only deepens with … Continue reading
“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
The mainstream media always says the future looks good and it’s time to buy stocks. That’s their job. Other pundits are called “permabears” when they deny the market fundamentals are bullish and explain why they are bearish. Since the government works to maintain stock prices and keep the average person’s perspective optimistic, economic recessions and … 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
https://www.zerohedge.com/news/2018-08-27/ron-paul-warns-turkey-now-america-later I have long said that economic collapse will precede WWIII and the fulfillment of end times Bible prophecy in our near future. Ron Paul warns: “Turkey’s combination of low interest rates, money creation, and massive government spending to “stimulate” the economy parallels the policies the US government has pursued for the past ten … Continue reading
Rickards: Here’s Where the Next Crisis Starts Jim Rickards warned at The Daily Reckoning: “So many credit crises are brewing, it’s hard to keep track without a scorecard. The mother of all credit crises is coming to China with over a quarter-trillion dollars owed by insolvent banks and state-owned enterprises, not to mention off-the-books liabilities … Continue reading
from the original article I found at Zerohedge.com: https://www.zerohedge.com/news/2018-07-16/mauldin-warns-debt-train-will-crash “Train Wreck series. I’ve spent several weeks explaining why I think excessive debt is dragging the world economy toward an epic crash. The tracks ahead are clear for now but will not remain so. The end probably won’t be pretty.” “…World debt grew something like 13% … 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
Ron Paul says risk levels are high, and that dollar hegemony and use as the world’s reserve currency is ending. The end of this failed Keynesian experiment keeps getting postponed (because politicians benefit from keeping the party going) making the inevitable collapse that much bigger. More debt exists than can possibly be repaid without hyperinflating … Continue reading
As Zerohedge.com titled its article on this: Markets Charge But “The Nation As A Whole Is Getting F**ked Sideways” Authored by James Howard Kunstler via Kunstler.com, “It amuses me that the nation is so caught up in the sexual mischief of a single Hollywood producer when the nation as a whole is getting fucked sideways … Continue reading
Europe’s Unsustainable Welfare State The NWO Elite are forcing Europe’s “national leaders” [traitors] to destroy their nations from within, largely through a huge influx of immigrants from the Middle East and North Africa who tend not to assimilate but to end up on Socialism’s ever-expanding welfare state… I say ever-expanding, but like a cancerous tumor, … Continue reading
From Dave Hodges article of the same name at BIN The Latest Economic Numbers Scream Civil War and World War III For the only time in human history, the planet has recorded a whopping $217 trillion in the first quarter of the year. Since these are raw numbers, most will not appreciate the gravity of … Continue reading
“The whole system is going to come tumbling down.” “When asked about whether he is suggesting an inevitable economic catastrophe or whether the system is setting up for disaster he responded, “Both items are true. It is the way we’re structured and the risk in the system that will lead to a catastrophe…” (all quotes … 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
From the full original article by Marc Slavo at SHTFplan.com here “You know what’s so tragic about America? Despite all of the wars our nation gets involved in, we’re secretly one of the most peaceful cultures on the planet. We voted for George Bush, because he promised us a non-interventionist foreign policy. We voted for … Continue reading
In memory of the Rev. Martin Luther King Jr. Birthday – Jan 15 – observed Monday Jan 16 In Bill Whittle’s excellent video explanation, it all comes down to FREEDOM vs. SLAVERY Most African American voters are registered Democrats, despite the Democratic Party accomplishing very little for them except to maintain their dependence on government … Continue reading
In my own books, I suggest that the American population only becomes desperate enough to allow dictatorship if total economic collapse occurs on a level that ushers in other biblical end times events. If economic problems intensify enough, they focus the intensity of all other social problems as everyone looks for a scapegoat and an … Continue reading
Paul Craig Roberts, former United States Assistant Secretary of the Treasury for Economic Policy under President Reagan, has been accused of being a Russian puppet slash fake news source by the discredited mainstream news media, who feels threatened by any challenges to their propaganda. But like so many other economists, Roberts suggests that economic collapse … Continue reading
As I found the source article at Zerohedge.com, where they cited Yes Submitted by Sarah van Gelder via YesMagazine.com, “Twelve years ago, John Perkins published his book, Confessions of an Economic Hit Man, and it rapidly rose up The New York Times’ best-seller list. In it, Perkins describes his career convincing heads of state to … Continue reading
I know. The chart of European banks borrowing US Dollars (despite the WTF spike in late September) has nothing to do with derivatives. According to this article at Zerohedge.com: JP Morgan’s Nicoloas Panigirtoglou warns: In our opinion it is not so much funding issues but rather derivatives exposures that more likely to trouble markets going … Continue reading