Martin Armstrong of Armstrong Economics has correctly predicted many trends (especially economic and political ones) since at least the 1980s. (FWIW he also expects a pole shift like I have written about.) In a recent letter to President Trump he warns: And allegedly, in a private blog: “The Seriousness We Face THURSDAY, 02 APRIL 2020 … Continue reading
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
“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
So the stock market (the Dow Jones Industrial Average, anyway) fell over a thousand points yesterday. Again. Does it mean that economic collapse is imminent? I have said many times in my prophecy books that such a financial meltdown would be a necessary prelude to social unrest, civil wars, WWIII, and all the other horrible … Continue reading
Carl Icahn warns: “There’s going to be a bigger problem than 2009 and 1929, eventually. A major storm is coming.” Reflecting on the market’s moves recently, Icahn shocked the anchors by saying: “This is something we’ve never seen before… I don’t remember ever seeing a market with this kind of volatility over two weeks.” “The … Continue reading
I know, he has been calling it for years, but economic collapse will happen as described in this article… and when it does, a variety of end times prophecies are likely to be fulfilled, including WWIII/Armageddon. “This year will see the onset of the Gold Standard being installed, thus kicking the King Dollar and its … Continue reading
I have been writing for years that we should expect total economic collapse followed by WWIII and the fulfillment of various end times prophecies within the next few years. Peter SChiff describes why there are bad times dead ahead in the video and in the article quoted below that I found at Beforeitsnews.com HERE (Economist … Continue reading
from this article at beforeitsnews.com: Dr. Jim Willie: America’s Truth Will Shock You – Billions Shorting Market To Prep For Apocalypse (Video) Rogue economist Jim Willie suggests that all big banks are insolvent, crisis and collapse are imminent, as is the US Dollar’s loss of global reserve status, all of which would quickly lead to … Continue reading
“Equity market volatility therefore now appears to be decorrelated from [uncertainty]… combined with high valuations on some equity markets, especially in the US… and extremely low spreads on the bond markets, raises questions as to whether the risks affecting the financial markets are being underestimated, which may lead to a brutal repricing of assets.” That’s … 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
If the economy collapses soon – and collapse is overdue, with the massive socialist debt America and the world has accumulated by abusing the ability to print and digitize unbacked paper currency infinitely – it won’t be the fault of anyone who just stepped into office. It would be the fault of Manchurian Candidates like … Continue reading
“On Thursday, Wells Fargo was fined $185 million, (including a $100 million penalty from the Consumer Financial Protection Bureau, the largest penalty the agency has ever issued) for engaging in pervasive fraud over the years which included opening credit cards secretly without a customer’s consent, creating fake email accounts to sign up customers for online … Continue reading
As reported in this article at Zerohedge: “…in an unexpected outcome, German economic research institute ZEW found that Germany’s largest bank, Deutsche Bank, had the highest potential capital shortfall, as much as €19 billion in a study of 51 European banks using U.S. Federal Reserve stress test methods. The capital gap is greater than DB’s … Continue reading
From the recent Jim Willie article of the same name above: “The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $300 per ounce. In reaching these levels, the ratio will return to the 30-1 range. The ruling bankers realize … Continue reading
Wolf Richter wrote an article yesterday titled: I’m in Awe at How Fast Deutsche Bank is Coming Unglued He warns: “Deutsche Bank – “the most important net contributor to systemic risks,” as the IMF put it last week after a lag of several years – is having a rough time. Shares dropped 4.2% today to … Continue reading
Jim Willie “says as a result of the US Dollar Collapsing, Western Banks, Bonds, and Currencies are all on the verge of collapse right now. Once one bank goes, ten will follow. Jim’s pretty firm when he says that Deutsche Bank Will Fail First, Then Barclays, Followed by Citigroup, and More Will Fall Like Dominos After … Continue reading
Jim “Willie, who recently stated that Deutsche Bank is under major duress and could be the first major bank to collapse in the next stage of the banking crisis, informed The Doc that unlike the collapse of Lehman Brothers in 2008 which the Western Central banks were able to contain thanks to $13 T in … Continue reading
Submitted by Michael Snyder via The Economic Collapse blog, A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories floating around, and many of them had no basis in reality whatsoever. But without a doubt, some very important things did happen … 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