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Peter Schiff: The U.S. Is One Gigantic Bubble Economy

Tuesday, January 26, 2016 5:14
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Why You Should Have a Personal Protection Dog

The admission that the economy is so weak that it needs more QE is going to destroy the narrative that the U.S. economy is in great shape and it’s no longer going to be the safe haven for capital around the world…it’s going to prick the bubble in the dollar…and people are going to realize that we’ve never recovered from anything, the economy is sicker than ever, the Fed’s going to make it even sicker with more of its toxic monetary policy, the dollar’s going to tank and the price of gold is going to skyrocket – and people need to prepare for that now.  – Peter Schiff on the Shadow of Truth

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Investment Research Dynamics Writes:

When Mt. Vesuvius blew, no one knew when it would happen or how big the eruption would be.  Everyone knew a volcanic event was going to occur and yet, the magnitude of the event caught a lot of people by surprise. The eruption destroyed two Roman cities and several surrounding settlements.  It killed an estimated 16,000 people.  The question is, how come more people didn’t leave the area surrounding Vesuvius when they knew that something was going happen at some point? Sound Familiar?

The United States financial system – including the viability of the U.S. dollar – is analogous to the eruption of Mt. Vesuvius.  A lot of people know something is wrong – evidenced by the growing support for the Trump candidacy – and yet 99.5% of the population is ignoring the warning signs of a systemic eruption of unknown magnitude.  It’s an event that draws closer with each passing day.

Why You Should Have a Personal Protection Dog

The warning signals of the coming financial markets collapse are in full view.  The warning signal from the junk bond market, triggered by but not limited to the collapsing energy sector, is beginning to spread into and infect the rest of the financial markets like an uncontrollable virus. If you are an investor or a professional money manager, what more of a warning do you need that this:

Schiff Chart

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That chart resembles a giant tsunami that has coiled offshore and is getting ready to slam into the the nearby beach. Only in this case millions of people remain on the “beach” to watch the horror show unfold without leaving for safer ground. It’s as if everyone knows a catastrophe is about to occur and yet most remain embalmed with the hope that it can’t really happen.

The willingness of people to park their paper in financial assets like bonds is simply a function of their lack of understanding of the problems that exist and their false confidence in Central Banks.  – Peter Schiff

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The systemic causes of the financial crisis that hit in 2008 – and which was really a de facto financial system collapse – were never properly treated. Rather, they were medicated by heavy doses of money printing and free money, the latter which is otherwise known as ZIRP. In reality, the problems that we had in 2008 are now much worse, beause we are 48.6% MORE EXPOSED than we were in 2008. People’s willingness to whistle Dixie in the dark while there are signs everywhere is simply staggaring. It’s as if half the pink elephants on the planet just ran trhouth the lving room, and no one even bothered to look up. HERE COMES MOUNT VESUVIUS FOLKS! The moral hazards of this monetary policy have fomented in impending systemic eruption which will be the financial market’s equivalent of the historic Mt. Vesuvius volcanic blast. The timing of this is just as unpredictable as the consequences.

The Shadow of Truth hosted a conversation with Peter Schiff to discuss to discuss the impending financial market eruption and the inevitable dollar crisis, which will ultimately rip apart the U.S. financial and economic system:

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Why You Should Have a Personal Protection Dog

 

Dollar

FOR MORE GREAT MATERIAL FROM JIM WILLIE:

Jim Willie: U.S. Dollar is Now a Matter of National Security Due to Poor Decisions

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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

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FOR MORE GREAT MATERIAL FROM PETER SCHIFF:

Peter Schiff: “Whatever Obama Was Calling Recovery… is OVER!”

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

 

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  • What is wrong with The Bright Sparks, who are nothing but Gamblers too, is the lack of realisation that only The Already Perfect help others – by unleashing their Imperfections – whereas The Imperfect are those who are ready to help themselves, there being no such thing as helping others when self is unable to help oneself. Afterall, A Saint is the One who is able to help Himself but is otherwise unable to help Another. More so when said Helpers, aka The Bright Sparks, are merely helping to augment their own Fame, Fortune & Immortality [FF&I], said FF&I being The Facades/Cultures of Malevolence.

    Gambling is an Addiction, Addiction being the state when one is, too late, able to recognise one’s error but is otherwise unable to counter said error – should contenance of the error be the desire. What is more alarming is that after “Death” [there being no such thing as “Death” for “Death” is not only the consequence of “Birth” but “Death” is actually The Reversion to Spirituality/Singularity], Addiction becomes Regret.

    Whenever there is Addiction, like, say, Gambling, there is neither Rhyme nor Reason for the deed. The reason why The Vast Majority seemingly are unable to awaken to their plight is because their Plight is their Addiction. Afterall, The Stone Dead are not only The Dead and as such, couldn’t/wouldn’t give a monkeys about being Dead, they are Of Malevolence. As such, only Egotisticals like Preachers and Re-Presentatives have the invincible feeling that they able to Talk to A Wall and make “progress”. No wonder such kreatures promote and exercise their Right to Genocide Another. Afterall, the best way to Talk Sense to A Boulder obstructing one’s path is to destroy it !! “…. And start All Over again !!” Alakazam or what …..

    It will be benevolent to finally be able to realise that humans need a drama [of all sorts] to awaken to their plight with The Vast Majority of The Awakened reverting to their slumbers after the passing of said drama. Therefore, with The Passing of The Drama, there will be zero awakening for The Vast Majority. As for The Proactives who awaken before The Drama, that is when The Future, which will become The Past, beckons, The Vast Majority of Humans being those who would give all their limbs to be able to “soothsay”. For the unwary, “The Robotic Tentacle of The Bookie”, is Tojo Inc., Robotism being when perfection is not for Humanity but for Robots. Yes, he’ll bee baakk.

    Is it Stupidity or merely Dumbness, you know, to be able to “predict”/”divine” The Future. For the unwary, which will include YOU, perhaps, it is sheer Stupidity/Egotism to be able to “predict” The Future, projecting/”futurising” Thought being Of Human Intelligence, which is not Absolute Intelligence. That is when the human becomes “serialised”/”robotised” from being Of Parallelism/”Femininity”, Projecting Thought being the cause of many afflictions chief amongst which is “T2 Diabetes”. And when will Quackery & Handler be able to realise this fact, the problem with Stupide-Dumbe Energy being one of “Dosage”. How about “Never” if only because Stupidity & Dumbness not only make The World Go Round, [The Vacillation between] S&D is needed to Make The World Go Round.

    Humans do not need “To Awaken”, Humans need to be de-conditioned – but not when The Vast Majority are mesmerised by their Thought into imagining that without Thought, they would be enslaved. An imagination brought about by …. their Thought. If true, and It Is The Truth, how will one go about de-conditioning Another? How? By ‘Finking about Eet? How would you “de-condition”, say, An Alcoholic? Really? Dubya might imagine that he is “alcohol free”, but he is NOT. Why? Beecuz Sweetness N Goodness, all the likes of Da Addicted like Dubya needs is to sucuumb to another sip of The Elixir and he’s Back On Form. Can’t see/believe it? Would you, say, roll up a newspaper and smoke on, say, Da Vasington Postie? No? give that “joint” to a smokie addict and he’ll be thnking you for more, like, say, Da NYT !! For the unwary, “Tobacco” was a natural defence against “parasites” within Vegetation and is not for “Smoking”.

    Humans cannot be freed from Addiction on their own volition other than via “Replacement Therapy” – that of replacing An Addicton by a “Higher Form” Of Addiction. This is because humans fuelled on Thought are “governed” by …… Thought. Yes, that subtle. The solution to Humanity’s Inhumanity, aka “Greed-Fear”, is to firstly realise that Cosmic-Dust [CD] has ZERO Consciousness and for CD to Evolve to humans require Consciousness being gifted. As such, for humans to become super-humans is another Gift of Absoluteness, the super-human being The One who is able to Express Divinity, Reality being oOf Self with Relativity being Of Another, Relativism being the state when one’s Reality “is dependent” on Another’s Reality. Alakazam indeed.

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