by Thinker
What is cryptocurrency worth, if you don’t have power to find it? A virtual coin or a piece of gold in your hand, which seems to be the better move if the grid goes down and no cryptocurrency can be found?
Worldwide Depression Coming, Buy Gold – Michael Pento
Money manager Michael Pento says it’s not a matter of if the economy tanks, it’s only a matter of when. The next downturn is going to be the worst–ever. Pento explains, “The mainstream financial media and most of Wall Street . . . will say that the increase of interest rates, the great deleveraging process has been consummated, and central banks can raise interest rates and then call it a “beautiful deleveraging,” a beautiful process. That is a lie. . . . There is $240 trillion of global debt. The bond bubble is bursting. . . . Why are emerging markets crumbling now? It’s because the bond bubble is in the process of bursting. As that bubble bursts, look for this chaos to metastasize across the globe.” Pento, who is also an economist, goes on to say, “I believe this will bring down real estate prices, equity market values and start currency chaos. Unfortunately, a worldwide depression is coming like we have never seen before because we have never before had so much debt sit on top of artificially depressed interest rates. The hubris and arrogance of central banks to take that away, they are way too late in doing so, and they think they can do this with impunity. They are dead wrong. They (central banks) have always caused recessions. We are heading into a global depression. The question is what are central banks going to do about it this time? The Federal Reserve does not have a Federal Funds Rate they can take to zero percent. They don’t have a balance sheet that is $800 billion. They have a balance sheet that is $4.3 trillion. . . . The steps that they are going to take after this depression, the powers that be, the Illuminati are pushing things like negative interest rates, universal basic income and helicopter money to re-inflate asset prices, which will be plunging from record high altitudes.”
Pento says we will have:
usawatchdog.com/worldwide-depres…ael-pento/
From CGI member GeorgeEaton. CGI is RMN’s readers forum where GeorgeEaton is a member.
***********************************************
As expected Trump refused to sign the yearly verified agreement with Iran. Instead the US will impose the strict sanctions on Iran that could lead to war. In response the leadership in Iran announced they would re-start enrichment of uranium which could be used in nuclear weapons. The bottom line: the globalists and Israel decided it was time to take out Syria and Iran to complete the Greater Israel Project. Israel has Trump in their back pocket and felt there was no better time to have the US go after Iran. The backlash from this policy will eventually be terrorists attacks in Europe and the US by hidden terrorist sleeper cells. It is unknown who will strike first, but Israel has wasted no time in sending fighter jets and missiles to several targets in Syria, including in the capital city of Damascus. Two missiles were shot down by Syrian defense missiles. The Israeli government also opened up underground bunkers for citizens because they feared an attack by Hezbollah forces from Syria. Personally I wish all Iranian Hezbollah forces would leave Syria since they have successfully defeated ISIS – so Israel would no longer use them as an excuse to make attack runs in Syria. But I am not sure that would stop Israel from fulfilling their war campaign and bombing Syria on a routine basis.
It appears:
www.rumormillnews.com/cgi-bin/for…read=98987
War is a racket says General Butler and Patton, so what do you think? Do you want to play a game? Smedley Darlington Butler (1881, 1940) was a Major General in the U.S. Marine Corps, an outspoken critic of U.S. military adventurism, and at the time of his death the most decorated Marine in U.S. history. In his 1935 book War is a Racket, he described the workings of the military-industrial complex and, after retiring from service, became a popular speaker at meetings organized by veterans, pacifists and church groups in the 1930s. In November 1934, Butler alleged the existence of a political conspiracy of Wall Street interests to overthrow President Roosevelt, a series of allegations that came to be known in the media as the Business Plot. Butler told the investigative committee that a group of businessmen, saying they were backed by a private army of 500,000 ex-soldiers, government officials and others, intended to establish a fascist dictatorship. Butler had been asked to lead it, he said, by Gerald P. MacGuire, a bond salesman with Grayson M–P Murphy & Co. The New York Times reported that Butler had told friends that General Hugh S. Johnson, a former official with the National Recovery Administration, was to be installed as dictator. Butler said MacGuire had told him the attempted coup was backed by three million dollars, and that the 500,000 men were probably to be assembled in Washington, D.C. the following year. All the parties alleged to be involved, including Johnson, said there was no truth in the story, calling it a joke and a fantasy. No prosecutions or further investigations followed, and historians have questioned whether or not a coup was actually close to execution, although most agree that some sort of “wild scheme” was contemplated and discussed. The news media initially dismissed the plot, with a New York Times editorial characterizing it as a “gigantic hoax”.
Ron Paul speaking about Smedley Butler’s War – War is the new initiantion for every president to get into the club. Political wars to keep the masses from learning the truth. Is there a thirst for endless wars? No, a thirst for greed, power, and enslavement by way of the military industrial complex funded by the tax payers of the U.S., U.K. Germany for perpetual wars?
WarGames (3/11) Movie CLIP – Shall We Play a Game? (1983)
The Grand Alliance, also known as The Big Three, Started in Iran and will Finish in Iran?
A military alliance consisting of the three major Allied powers of World War II: the Soviet Union, the United States, and the United Kingdom. It is often called the “Strange Alliance” because it united the world’s greatest capitalist state, the greatest communist state and the greatest colonial power.
There were many tensions in the Grand Alliance among the “Big Three” leaders Franklin D. Roosevelt, Winston Churchill, and Joseph Stalin, although they were not enough to break the alliance during wartime.
en.wikipedia.org/wiki/Grand_Alli…ld_War_II)