We Are, By All Measures, On The Very Precipice Of What Is Potentially The Most Enormous Financial, Economic, And Social Collapse In The History Of The World
US Going After Other Countries To Report US Hidden Assets — Episode 235
Approximately 25% of the Greek people cannot afford healthcare at this time. Cyprus is getting more bail-out money. More than million children are homeless this is more than in the Great Depression. The US is forcing Swiss banks to hand over hidden assets, many are not complying at this time. The US government has extended the agreement for Afghanistan until Feb 2014. The FED has now passed the Volker law which will allow the banks to self regulate themselves, the President says this will be good for the country. China and North Korea are having war games drills and the US is monitoring these drills with satellite surveillance. Israel is reporting terrorist threat from Syria using sarin gas at the Sochi Olympics.
Horrific Consequences: “People Don’t Understand the Scale of the Emergency That’s Going On Right Now”
I think it’s going to be a whole lot worse than the 30?s…
People don’t understand the scale of the emergency that’s going on right now.
They think that Ben Bernanke fixed things and that the economy is back on track, but the Fed is still doing emergency measures. They’re printing $85 billion a month – that’s over a trillion dollars a year… and people do not grasp the scale of the emergency measures that they’re doing right now.
There was just a little over $800 billion of base money in existence before the crisis in 2008… that’s 200 years worth of currency creation… So that’s 0.8 trillion… now we create a trillion every year… that means we’re creating more than 200 years of currency every single year.
…For him [Bernanke] to say that they’re not going to taper is an admission that they can never, ever taper… If they do the whole thing comes crashing down.
I think the crash of 2008 was just a speed bump on the way to the main event… the consequences are gonna be horrific… the rest of the decade will bring us the greatest financial calamity in history.
Hyperinflation on this scale, originating in the United States, will lead to immediate global consequences. First, our systems of commerce break down. Next, the government will be left with no choice but to implement a state of martial law, something they have been war-gaming for years in anticipation of this very event. And finally, as noted by many contrarian experts, the world could very rapidly descend intowidespread global conflict.
We are, by all measures, on the very precipice of what is potentially the most enormous financial, economic, and social collapse in the history of the world.
Warning: Jobless rate may be rigged
People buying assets—stocks, bonds, commodities, real estate—are ignoring the assets’ returns-on-investment, and instead pinning their hopes that what they buy today will go up in price tomorrow.
This isn’t “investing”—it’s speculating.
Why is this happening? Easy—read on.
USA’s Economic Freedom Fall – Mike Maloney
Join Mike Maloney for this ‘behind the curtain’ look at a segment of the Exclusive Presentation for Episode 5 of ‘Hidden Secrets Of Money’. See for yourself the undeniable proof that collectivism does not work.
Did a “Bearish Candlestick Reversal” pattern just happen in S&P 500?
CLICK ON CHART TO ENLARGE
In the world of candlestick charting, “Doji Star” patterns can often reflect important turning points in prices. If you are unfamiliar with this pattern (see more info here)
The above chart highlights that important weekly doji star patterns took place in 2008 & 2011, prior to declines most would have liked to have avoided if long at the time!
Two weeks ago the S&P 500 on a weekly basis might have created a Doji star pattern at an Fibonacci 161% extension and rising channel resistance line at (1) in the chart above. These patterns can take a while to play out, wanted to give you a heads up to the potential key candlestick pattern.
As the sign in the above chart says…Please Stand By!
Wall Street Has Smoked Main Street Since The Financial Crisis