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Obama Plans to Crash the Economy Before Leaving Office (Video)
In a previous post titled: Economic Implosion Will Lead to Stock Market at 5,000 by 2017 Forecaster Says (Video), Harry Dent confirms everything that was previously warned about in a post from January of 2015 titled: Obama’s Economic ‘SURGE’ Built on TOTALLY Fabricated Data! – Prepare For End of the Dollar! These days, everywhere you look, pundits are warning to prepare for the end of the US Dollar! There’s a very good reason why the rich are vacating the major cities around the world, and it’s the same reason so many of the super wealthy here in the U.S. are even going so far as to renouncing their citizenship at great personal cost. They KNOW what’s coming! The largest global reset in human history! For that reason, they are getting as far from heavily populated areas as possible!
As the video below explains, the curtain is about to come down on the U.S. economy, and it’s all by design. While cheap gas seems to be a perfect remedy for a country with over 100,000,000 Americans out of work, the reality is the cheap gas is actually the final nail in America’s coffin. Between the artificially inflated stock market in search of a pin, the US Dollar on the verge of collapse, and the illusion that cheap gas is helping us, Obama has set the stage for financial Armageddon once he leaves office. With any luck, it will hit while he’s still in office.
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What I said back in January of 2015, and what Harry Dent echoes in: Economic implosion will lead to stock market at 5,000 by 2017, is that the problem with $2.25 gas (the price at the time), or lower, was that all those fracking companies financed the building of their infrastructure and their operations with $TRILLIONS in bonds, bonds they won’t be able to pay back, because they did so assuming oil prices would remain at around $100 a barrel and continue to move north at a hefty rate.
In January 2016, oil dropped below $30, and it’s currently selling around $30 a barrel, a far cry from over $100. What American’s don’t realize is that Saudi Arabia’s oil infrastructure has been around for decades, so they can get oil up and out of the ground for maybe 1/4 the price of the American fracking companies with all their brand new heavily financed equipment.
At current prices, it won’t be long until NONE of the fracking operations can pay their investors, and then they’ll ALL go belly up. Presently the junk bonds are paying around 12%, and as Harry Dent confirms, fracking companies CANNOT survive. Why? Because they are high cost producers.
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Not only will Saudi Arabia continue to pump oil, thanks to Obama lifting the sanctions on Iran, but Iran will make up for the void in the global supply left when the fracking companies go belly up. So, neither cost nor supply will be affected hardly at all, but oil is just the beginning. With Central Bank policies of zero interest rates, and their ridiculous practice of Quantitative Easing (printing money out of thin air), they artificially inflated the greatest debt bubble in HUMAN HISTORY, and virtually EVERYTHING on the planet is set to burst when the bubble(s) finally go BOOM!
Oil investors will be wiped out, the Dow stocks wiped out, tech stocks wiped out, the S&P gone, real estate prices will drop like a rock… TOTAL GLOBAL RESET, AS DR. JIM WILLIE, PETER SCHIFF, AND MICHAEL SNYDER HAVE BEEN WARNING!
THE FOLLOWING TWO POSTS FEATURE BOTH PETER SCHIFF AND DR. JIM WILLIE:
Dr. Willie and Peter Schiff Together: Total Currency Collapse and Reset Coming
Peter Schiff and Dr. Jim Willie Warn Investors About Timing Fed Market Rally
ALSO DON’T MISS:
Jim Willie and How the Loss of the US Dollar as Reserve Currency Affects You Personally
Jim Willie: Americans Are Destitute Now, Wait Until The US Dollar Collapses
Economic Implosion Will Lead to Stock Market at 5,000 by 2017 Forecaster Says (Video)
The panicked elite are buying up underground bunkers and/or fleeing to parts unknown as all indications point towards a collapse that will in the words of Economist Peter Schiff be the Earthquake that follows the 2008 tremor. The Chicago Tribune reported that “About 3,000 individuals with net assets of $1 million or more,” left Chicago in the last year alone due to the exploding climate of unrest growing in the City of Chicago.
The writing is on the wall. President Obama in concert with his puppet master George Soros have been turning up the heat on the deteriorating conditions resulting from the United States and the EU’s strategic collapse of the global economy for the last 7 years.
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The Wall Street journal reports that the largest Coal company in the United States has filed for bankruptcy, an event that will result in energy costs that will sharply rise on the American middle class like they have in Germany. Germany’s energy policies have gradually doubled the average industrial cost per kilowatt hour as clean and renewable energy can’t carry the load…literally.
Last week Obama began pushing for housing lenders to offer home loans to people with bad credit. What better way to push the economy over the edge than to repeat the same 2008 nightmare. By 2014 Investors had already begun to notice another government fed subprime housing bubble growing.
Investor’s Business Daily wrote in January of 2014 “What stoked housing inflation was federal housing policies designed to boost home ownership among low-income and minority borrowers. In 2008 the bubble burst, wiping out trillions in wealth. Today it’s forming again. Between 2011 and the third quarter of 2013, housing prices rose nearly 6% — triple the increase in rental costs, Wallison says. “Both this bubble and the last one were caused by the government’s housing policies,” Wallison said in a New York Times column. Low down payments — a mere 5% at Fannie and Freddie and just 3.5% at FHA — are fueling the bubble.. Dodd-Frank was supposed to prevent another bubble. But new qualified mortgage rules don’t require a minimum down payment for borrowers in 2014. The country has been misled about “financial reform.”
Infowars has called for Obama’s impeachment on numerous occasions. To no avail, his supposed lame duck presidency heading into the end of his term has been tremendously underestimated. Join me for part two of this report documenting the growing threat that Americans are nothing less than under a full New World Order attack aided and abetted by the Executive branch of the United States.
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If it’s not the economy, there will be plenty of other opportunities for Obama to take the country down. Consider my argument for Martial Law as a result of the 2016 elections. At this point, the odds are in Obama’s favor that Martial Law gets declared, and the election suspended. Heck, Clinton’s own biographer believes she will be indicted, and you don’t think that will lead to riots? PLEASE!
The following video from, Why Obama Cannot Be Impeached, and Why We All Pay Dearly lays out the argument why Martial Law is almost a certainty, unbeknownst to most Americans. Afterward be sure to check out the rest of the article and what to do if/when Martial Law is declared in: When Obama Suspends 2016 Election, a Guide to Survive Martial Law (Videos).
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FOR MORE ON THE CHAOS COMING FROM THE 2016 ELECTION (CHRONOLOGICALLY):
Proof Obama is Not Leaving Office – Third Term Is Unfolding Right Before You
A Former Federal Prosecutor Warned: Obama Plans to Incite Race War This Summer
Black Lives Matter Do The Unthinkable To War Heroes Graves
Stop 2016 Election, Then Begin Martial Law Is Goals of Soros’ Democracy Spring
Warning: The Establishment Is Preparing For Martial Law and Civil War
RNC Confirmed Rule Change to Prevent Trump from Winning Republican Nomination
Trump Protesters Admit Answering Craigslist Ad Paying $16/hr to Protest
All Armed Americans To Be Detained In FEMA Camps Starting In 2017?
Looks Like President Barack Obama May Suspend 2016 Presidential Elections…
35,000+ Petition To Allow Guns At GOP Convention For ‘Safety’
Ex-Obama General Defects, Reveals Sick Obama Plan for America’s Future
Obama Confiscating Guns: 260,381 Americans Get 2nd Amendment Stripped
Armed Tensions Erupt Between Black Panthers and Nation of Islam Mosque
Chilling Video: Muslims Screaming “Death to America” in This US City: Media Silent
RNC Chair: “Party Will Pick Nominee; If You Don’t Like the Party, Sit Down”
Former Military Officer: The 2016 Election Doesn’t Even Matter
Hillary’s Criminal Investigation a Political Nuke – Party Diving For Bunkers
When Obama Suspends 2016 Election, a Guide to Survive Martial Law
FOR MORE GREAT MATERIAL FROM JIM WILLIE:
Dr. Jim Willie: The Dollar is Dead! Even Mainstream Media Realizes it!
Dr. Jim Willie: The Global “Banksters” Plan For the Economic Markets (Video)
Dr. Jim Willie: Expect More US Voter Fraud as US Debt Problem Looms
Jim Willie: Chinese Replace US Swift Banking System, Hastening US Dollar Collapse
Dr. Jim Willie – Secret Meeting at the G20 to Take Down the US Dollar
Dr. Jim Willie: Financial Deals Happening Behind Closed Doors; US Not Invited
Jim Willie: Putin, the Gulf Emirates, Iran, and Saudi Arabia Plan Death of US Dollar
Dr. Jim Willie: We’re in the Bottom of the 9th; The US Dollar is Dying (2/28)
Dr. Jim Willie: Economic Collapse is On Our Doorstep
Jim Willie: “The Quickening” is Approaching Global Economic Markets
FOR MORE GREAT MATERIAL FROM PETER SCHIFF:
Peter Schiff: “Trump’s Very Massive Recession May Have Already Begun”
Peter Schiff: Americans Fear Future With ‘Dead-End Economy, Crap Jobs, and Awful Wages’
Peter Schiff: Newest Recession Hiding in Plain View; American Dream Is Dead
Peter Schiff: Dollar Collapse Will Be the Single Biggest Event In Human History
Peter Schiff: Obama “Peddling Fiction” As Unemployed Tops 100 Million People
Peter Schiff: Here Comes the Great, Great, Great, Great Recession!
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Uh, He has already done that. What else ya got?
An Abridged History Of The United States Psychopathocracy!!!
http://themillenniumreport.com/2015/12/an-abridged-history-of-the-united-states-psychopathocracy/
—He’s not the only one!
Treason for all who follow any of his illegitimate instructions. And videotape his/her public hanging for all to see.
I’ved believed for quite some time now that Obama will crash the economy before the election in Nov. Think about it, if such a crisis occurs before the election, Obama can fulfill his “wet dream” of canceling the election via martial law and remain in office indefinitely. The GOP will cooperate since they will see it as a way to keep Trump out of the WH…the ONLY way to keep Trump out of the WH.
Makes sense to me! Bush darn sure crashed the economy right before the election of 2008. Bush did nothing to reign in derivatives and the exposure to derivatives in the world economy has grown.
The big bankers have learned their lesson! They can do whatever they want and then stick you with the bill. They can also do it and never spend a day in jail for swindling you out of trillions. While you go to jail for not paying a traffic ticket!
I know Obama is a shill.. but to blame the economy crash on him is naive. This has been years upon years in the making.
Check out my current series on the book of Revelation!
http://www.mindfulofthetruth.wordpress.com
God Bless!
To sell your book on every article you post on BIN is ‘Naive’ or you think that we are! Its Sunday, Why arent you in church anyway? Obama has sent the deficit to $19,000,000,000,000. It was only 10 when Bush was in office! So, who is the ‘Naive’ one Kyle? Bill Clinton and Barney Frank were responsible for the housing bubble that O is reigniting as we speak.
DIESEL is still the same price for a decade or so. When that moves then something is going on. FYI the world runs on diesel not gas.
The negro foreigner you got running this country thinks it runs on gas. And explains all his agendas. LOL!
it painfull to here B.O.s voice. he is truly nuts.
The mad season for high treason is here and we are ALL about to experience the wrath of it’s TRUE madness !!!!
Crash it! Then pull ALL our troops from every country back to the USA. Kick out the United Nations! Pull out of NATO. Stop all aid to any country. Stop importing goods from over seas. TOTALLY close the borders. Sit back and see what happens.
If Obama crashes the economy, then the Power That Be will be gone.
The fact is money is the only thing that The Powers That Be have, when it’s all gone so are they.
So I don’t see the economy tanking any time soon.