| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Jim Willie and “Financial Apocalypse Accelerates As Middle East Stocks Crash to Start Week”
In the interview below with Dr. Jim Willie, the interviewer begins by asking, “How do you see things unfolding when the veil gets lifted, and Americans see just how bad things are? How do you see them responding when they finally realize the truth?”
An Exclusive You Have To See: The Last Frontier of Free Press Is Here! No More Censorship, Unlike YouTube and Others!
Dr. Willie responds by saying that total chaos will come by way of a two-pronged financial attack: There will be plenty to worry about here at home as markets implode, and in addition he says, we should expect to see trouble coming from our soon to be former allies in Europe.
As an example, Dr. Willie says the first painfully noticeable shot at the U.S. from an ally will come from Germany. For a leader who is required to swear allegiance to the United States as part of her oath for taking office (a condition left over from World War II), Merkel has been a TERRIBLE ally lately. In addition to helping Russia (a non-NATO ally) fight ISIS, what Germany has done on the financial front is far more telling of Germany’s true intentions moving forward.
At the present time, there are supposed to be harsh economic sanctions on Russia from the U.S. and all of Western Europe. Germany is taking that SO seriously, that they’ve just completed the Nord Stream LMG Facility combined with an oil pipeline that runs under the Bearing Sea, under the North Sea, and under Russia and Germany. Not only is Germany not imposing sanctions, but instead German is throwing Russia a lifeline. Dr. Willie says he fully expects an announcement sometime soon that Germany is going to leave its Western allies, and partner up with Russia and China.
In what should probably be viewed as a warning to Western lawmakers letting them know that there’s a big shakeup coming, last month Germany and Russia announced a massive deal for a brand new high speed rail between the two nations. So much for sanctions.
After that the interview takes a turn south, and the two begin talking about World War III. Already in the fight are Ukraine, Syria, Turkey, and Yemen, with Saudi Arabia soon to follow Jim predicts. When asked about halfway thought the interview, “What is it going to take to wake the American people up?” Is there ANYTHING that can wake these people up?
The answer is no. Sadly, the American people are a LOST cause. They continue to allow the mainstream media to hypnotize them into states of delusional denial, always waiting for “someone else” to fix the problems. Take January 13th for example. The RNC voted on whether or not to take up Articles of Impeachment against Obama, and they voted it down. On social media everyone is quick to shout, “Impeach Him,” or “Throw Obama in Jail,” but then you ask them to make a phone call to their representative…. and…
[CRICKETS]
We get the government we deserve, and it it’s only going to get worse, much worse. To confirm that events are going to get much worse, Dr. Willie mentions a plan set in motion in 1890 by the Illuminati. Actually, Jim says, it was a plan set in motion by several secret societies of the time, one of which was the Freemasons. The plan itself was written in 1871 by Albert Pike, who was a Sovereign Grand Commander of the Scottish Rite‘s Masonic Lounge. The plan itself called for there to be three World Wars, the final one involving Islam and Christendom. Liberty for Life writes:
Albert Pike’s 1871 Plan For The Three World Wars
In 1871 Albert Pike envisioned three World Wars to be followed by an unparalleled economic disaster. Pike’s plans have come to fruition, shockingly ‘on target’. Who is Pike and perhaps more importantly who backed Pike?
Albert Pike’s letter to Mazzini, dated August 15, 1871:
“The First World War must be brought about in order to permit the Illuminati to overthrow the power of the Czars in Russia and of making that country a fortress of atheistic Communism. The divergences caused by the “agentur” (agents) of the Illuminati between the British and Germanic Empires will be used to foment this war. At the end of the war, Communism will be built and used in order to destroy the other governments and in order to weaken the religions.”
“The Second World War must be fomented by taking advantage of the differences between the Fascists and the political Zionists. This war must be brought about so that Nazism is destroyed and that the political Zionism be strong enough to institute a sovereign state of Israel in Palestine. During the Second World War, International Communism must become strong enough in order to balance Christendom, which would be then restrained and held in check until the time when we would need it for the final social cataclysm.”
“The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil. Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.”
AND THAT JUST COVERS ABOUT 25% OF THE INTERVIEW…
Jim Willie – You Can’t Handle The Truth
SUBSCRIBE TO THE TOP STORIES OF THE WEEK IN THE NEWSLETTER HERE
CHECK OUT THE NEW GOOGLE+ PAGE!
It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the Middle East. Stocks in Kuwait were down 3.1 percent, stocks in Saudi Arabia plummeted 5.4 percent, and stocks in Qatar experienced a mammoth 7 percent decline. And of course all of this comes in the context of a much larger long-term decline for Middle Eastern stocks. At this point, Saudi Arabian stocks are down more than 50 percent from their 2014 highs. Needless to say, a lot of very wealthy people in Saudi Arabia are getting very nervous. Could you imagine waking up someday and realizing that more than half of your fortune had been wiped out? Things aren’t that bad in the U.S. quite yet, but it looks like another rough week could be ahead. The Dow, the S&P 500 and the Nasdaq are all down at least 12 percent from their 52-week highs, and the Russell 2000 is already in bear market territory. Hopefully this week will not be as bad as last week, but events are starting to move very rapidly now.
Much of the chaos around the globe is being driven by the price of oil. At the end of last week the price of oil dipped below 30 dollars a barrel, and now Iran has announced plans “to add 1 million barrels to its daily crude production”…
Iran could get more than five times as much cash from oil sales by year-end as the lifting of economic sanctions frees the OPEC member to boost crude exports and attract foreign investment needed to rebuild its energy industry.
The Persian Gulf nation will be able to access all of its revenue from crude sales after the U.S. and five other global powers removed sanctions on Saturday in return for Iran’s curbing its nuclear program. The fifth-biggest producer in the Organization of Petroleum Exporting Countries had been receiving only $700 million of each month’s oil earnings under an interim agreement, with the rest blocked in foreign bank accounts. Iran is striving to add 1 million barrels to its daily crude production and exports this year amid a global supply glut that has pushed prices 22 percent lower this month.
It doesn’t take a genius to figure out what this is going to do to the price of oil.
The price of oil has already fallen more than 20 percent so far in 2016, and overall it has declined by more than 70 percent since late 2014.
When the price of oil first started to fall, a lot of people out there were proclaiming that it would be really good for the U.S. economy. But I said just the opposite. And of course since that time we have seen an endless parade of debt downgrades, bankruptcies and job losses. 130,000 good paying energy jobs were lost in the United States in 2015 alone because of this collapse, and things just continue to get even worse. At this point, some are even calling for the federal government to intervene. For example, the following is an excerpt from a CNN article that was just posted entitled “Is it time to bail out the U.S. oil industry?“…
America’s once-booming oil industry is suddenly in deep financial trouble.
The epic crash in oil prices has wiped out tens of thousands of jobs, caused dozens of bankruptcies and spooked global financial markets.
The fallout is already being felt in oil-rich states like Texas, Oklahoma and North Dakota, where home foreclosure rates are spiking and economic growth is slowing.
Now there are calls in at least some corners for the federal government to come to the rescue.
Is it just me, or is all of this really starting to sound a lot like 2008?
FOR MORE NEWS BY VOICE OF REASON CLICK HERE!
FACEBOOK | TWITTER | PINTEREST | STUMBLE UPON | TUMBLER
And of course it isn’t just the U.S. that is facing troubles. The global financial crisis that began during the second half of 2015 is rapidly accelerating, and chaos is erupting all over the planet. The following summary of what we have been seeing in recent days comes from Doug Noland…
The world has changed significantly – perhaps profoundly – over recent weeks. The Shanghai Composite has dropped 17.4% over the past month (Shenzhen down 21%). Hong Kong’s Hang Seng Index was down 8.2% over the past month, with Hang Seng Financials sinking 11.9%. WTI crude is down 26% since December 15th. Over this period, the GSCI Commodities Index sank 12.2%. The Mexican peso has declined almost 7% in a month, the Russian ruble 10% and the South African rand 12%. A Friday headline from the Financial Times: “Emerging market stocks retreat to lowest since 09.”
Trouble at the “Periphery” has definitely taken a troubling turn for the worse. Hope that things were on an uptrend has confronted the reality that things are rapidly getting much worse. This week saw the Shanghai Composite sink 9.0%. Major equities indexes were hit 8.0% in Russia and 5.0% in Brazil (Petrobras down 9%). Financial stocks and levered corporations have been under pressure round the globe. The Russian ruble sank 4.0% this week, increasing y-t-d losses versus the dollar to 7.1%. The Mexican peso declined another 1.8% this week. The Polish zloty slid 2.8% on an S&P downgrade (“Tumbles Most Since 2011”). The South African rand declined 3.0% (down 7.9% y-t-d). The yen added 0.2% this week, increasing 2016 gains to 3.0%. With the yen up almost 4% versus the dollar over the past month, so-called yen “carry trades” are turning increasingly problematic.
Closer to home, the crisis in Puerto Rico continues to spiral out of control. The following is an excerpt from a letter that Treasury Secretary Jack Lew sent to Congress on Friday…
Although there are many ways this crisis could escalate further, it is clear that Puerto Rico is already in the midst of an economic collapse…
Puerto Rico is already in default. It is shifting funds from one creditor to pay another and has stopped payment altogether on several of its debts. As predicted, creditors are filing lawsuits. The Government Development Bank, which provides critical banking and fiscal services to the central government, only avoided depleting its liquidity by halting lending activity and sweeping in additional deposits from other Puerto Rico governmental entities. A large debt payment of $400 million is due on May 1, and a broader set of payments are due at the end of June.
It isn’t Michael Snyder from The Economic Collapse Blog that is saying that Puerto Rico is “in the midst of an economic collapse”.
That is the Secretary of the U.S. Treasury that is saying it.
Those that have been eagerly anticipating a financial apocalypse are going to get what they have been waiting for.
Right now we are about halfway through January, and this is the worst start to a year for stocks ever. The Dow is down a total of 1,437 points since the beginning of 2016, and more than 15 trillion dollars of stock market wealth has been wiped out globally since last June.
Unfortunately, there are still a lot of people out there that are in denial.
There are a lot of people that still believe that this is just a temporary bump in the road and that things will return to “normal” very soon.
They don’t understand that this is just the beginning. What we have seen so far is just the warm up act, and much, much worse is yet to come.
FOR MORE GREAT MATERIAL FROM JIM WILLIE:
Jim Willie: U.S. Dollar is Now a Matter of National Security Due to Poor Decisions
Jim Willie: Armageddon Coming to U.S. With Trillions Exposed In Derivatives
Jim Willie, The Fed’s Week of Reckoning, and an Isolated United States
Jim Willie: After Banks Fail, Government Seizes IRA’s, 401k’s, and Pensions
Jim Willie, the Crumbling Global Economy, and the Dollar Crisis
Jim Willie: What Do the Oil Black Market, NATO, and ISIS Have in Common?
Jim Willie; One on One -Taking Questions On the Most Pressing Matters of the Day
Jim Willie: The Fed, Yellen, US Dollar, and Negative Interest Are a Joke!
Jim Willie Explains U.S. Nuclear Threats to China & Russia Over Challenging the Dollar
Jim Willie: What Will It Mean If the Yuan Gets Reserve-Currency Status?
Jim Willie and 20 Reasons Why Quitting Prepping After September Was Wrong
Jim Willie: The Mid East Carnage Left by the American Wrecking Ball
Jim Willie: The Fractured Bond Market and the Economic Collapse
An Exclusive You Have To See: The Last Frontier of Free Press Is Here! No More Censorship, Unlike YouTube and Others!
FOR MORE GREAT MATERIAL FROM PETER SCHIFF:
CNBC Actually Admits Peter Schiff Was Right… Again (Video)
Peter Schiff: Due to the Feds Antics, the Market is Very Dangerous Now
Peter Schiff: 2015 Was The Worst Year Since 2008 and Stocks Still Dropping
Peter Schiff: Janet Yellen Strayed From Her Own Plan and Went Nuts!
Peter Schiff: Higher Spending During Holidays Does Not Fix Screwed Economy
Peter Schiff and “If The Economy Is Fine, Why Are So Many Large Retailers Imploding?”
Peter Schiff: Take a Good Look at the “New” American Dream!
Peter Schiff: Did the Fed’s Luck Run Out On Friday the 13th?
Peter Schiff and “The 4 Harbingers Of Stock Market Doom”
Peter Schiff and Reagan Advisor: Complete Economic Collapse Immediately Ahead
Peter Schiff: Warning! Economic Storm Clouds Ready to Rain
Peter Schiff: Death of the US Dollar Is Imminent; Fed Out of Options
Peter Schiff: 11 Trillion In Global Stock Losses and Awful Jobs Report
Peter Schiff: “The Fed Admits Rates Could Stay at Zero Forever”
Peter Schiff with Mr. “I Have No Fear Of an Economic or Stock Market Collapse”
Peter Schiff Explains Why Financial Bubbles Are Ready to Pop
Peter Schiff: Everybody Is Preparing for Wrong Outcome in US Economy
2 Day Crash That Was Larger Than Any 1 Day Market Crash In U.S. History
Peter Schiff On China’s Currency Devaluation and the Federal Reserve Board
Peter Schiff: Greece Was a Sideshow. Americans Need to Worry About Starving
Peter Schiff: China and Switzerland is Killing U.S. Dollar
FOR MORE NEWS BY VOICE OF REASON CLICK HERE!
SUBSCRIBE TO THE TOP STORIES OF THE WEEK IN THE NEWSLETTER HERE
BE SURE TO GO MY PROFILE’S BELOW AT OTHER SOCIAL MEDIA:
FACEBOOK | TWITTER | PINTEREST | STUMBLE UPON | TUMBLER
THE VOICE OF REASON
- WEBSITE: https://thelastgreatstand.com/
- FACEBOOK: https://www.facebook.com/LastGreatStand
- TWITTER: https://twitter.com/#!/LastGreatStand
- TEA PARTY COMMUNITY: https://www.teapartycommunity.com/profile-151600/
- SEEN.IS: https://www.seen.is/members/home
- RIGHT.IS: http://right.is/contributor/pages/351/169/bio.html
An Exclusive You Have To See: The Last Frontier of Free Press Is Here! No More Censorship, Unlike YouTube and Others!
“Dr. Jim Willie” eh? Why should we listen to this fool? He’s been banging on about collapse for god knows how long. The man is a fraud – ask yourself why he’s so vociferous on this matter…
Maybe people in this internet-age are like goldfish, in that they have very short memories; it means that every few months the likes of “Dr. Jim Willie” can peddle their messages of doom and the good folk on the Internet, and it all seems so real.
Question not only what he says, but why he is saying it.
The why is simple. He’s paid each time someone lands on his “story.” As one acquaintance said, “I don’t care what the facts are, it’s what I believe.”
Are you stupid? Its collapsing now lol. The usd is the last to go because its the reserve.
In 2 months you will see and remember how dumb your comment is.. Willie is the best economist I ever heard. Go back to CNBC or Jim Kramers show lol..
yeah it is pretty simple–debt—debt kills everything–could go on in detail but would be boring-amazed they pulled it off this long–this year all falls apart and 2017 will not be nice! Martin Armstrong and his blog(he once managed 3 trillion buxs,nobody even close to that amount) has good timing models…good luck everyone!
Watt B Wong why don’t you challenge any fact presented in the article?
You’re right about one thing. People have short memories. Selective ones, too.
The collapse has been a long process. If inflation is accounted for honestly, by the methodology in use until a couple of decades ago, we’ve had negative growth in most quarters of the 21st century.
Which is confirmed by the numbers of underemployed, unemployed, the numbers on SNAP food aid, the average age of cars on the road, gasoline consumption, among other statistics. And stock prices peaked in the 20th century, when inflation is honestly accounted for.
It takes an absolutely delusional person to imagine that debt can snowball forever.
Or to imagine that the racketeers of high finance can prosper after they’ve killed the real economy.
Have you been eating too many fukashima fish heads?
Barents Sea Shirley
This is good news, the antiquated pyramidal system doesn’t work for anyone except those at the top.
This is what happens when we live in a socialist society where those that have a job that they hate that sucks their very soul right out of their body, are being forced to pay for those that don’t or refuse to take personal responsibility for themselves.
Eventually you run out of other people’s money , and that’s what’s going on now.
Everybody wants to rule the world, and by imploding the economy worldwide the controllers think they will come out on top, but their fall is going to be much harder than ours. The controllers try so hard to attach their fear and panic to us but it won’t work, they have the most to lose, especially their power over us.
Greetings!
We are trying to learn more about our readers who visit Before It’s News using ad blockers. We know ads are annoying and are trying find a solution for you. Would you please take a couple of minutes of your time to let us know what’s on your mind about ad blockers so we can better serve you?
Click here for survey
Continue to site
Send an email to [email protected]
I think most Americans have some awareness of what is going on… The ones who objected and fought the Bushies/ Herr Cheney took a lot of heat and some had to claim political asylum and/or face prison time!.. see Bradley Manning, Edward Snowden, et al. Often any goodly dissenters–such as truth-tellers in the Media–faced imminent job loss! Nowadays, most Americans sense this and can no longer afford to lose jobs or have their older, paid-for vehicles get repossessed, etc. As they convey in the great movie, The Big Short, the game is rigged and we’re running out of time. It’s promising that this movie even got released!…
In the end though, Money is nothing if you give away your Soul!
And to see mavericks like Trump gain so much momentum is to see how MILLIONS are fed up with the status quo…
I think the ultimate outcome of this mentality may be good, so long as more & more people start thinking for themselves and challenge the system for its own good, together.
I think most Americans have some awareness of what is going on… The ones who objected and fought the Bushies/ Herr Cheney took a lot of heat and some had to claim political asylum and/or face prison time!.. see Bradley Manning, Edward Snowden, et al. Often any goodly dissenters–such as truth-tellers in the Media–faced imminent job loss! Nowadays, most Americans sense this and can no longer afford to lose jobs or have their older, paid-for vehicles get repossessed, etc. As they convey in the great movie, The Big Short, the game is rigged and we’re running out of time. It’s promising that this movie even got released!…
In the end though, Money is nothing if you give away your Soul!
And to see mavericks like Trump gain so much momentum is to see how MILLIONS are fed up with the status quo…
I think the ultimate outcome of this mentality may be good, so long as more & more people start thinking for themselves & challenge the system for its own good, together. (I’m not saying that Trump is the answer. He’s a little scary. BUT, it shows that Americans are ready to rumble & that’s going to mean something beyond the Elections.)