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What Exactly Does Global Economic Collapse Coming May 2016 Mean? (Videos)
So, you keep coming across my posts, or others in the alternative media like mine, and it seems like the whole alternative news world is stuck on a broken record that won’t stop singing about a global economic collapse right? Then, you listen to the mainstream media, and you don’t hear a peep, or if you hear anything at all, it’s saying that people who think there is going to be a global collapse are “Conspiracy Theorists…” sound about right?
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Today is your lucky day… sort of. Lucky, in the sense I am going to breakdown what is going to cause the coming collapse, unlucky in the sense that it’s the farthest thing on earth from “conspiracy.” There will be several videos, starting with one that’s very easy to understand, and finishing with the one that goes the most in depth. By the end of the video below, you’ll know all you “need” to know, in order to realize it’s time to begin preparing. Considering how many people are going to die because of collapse, you might be so inclined to keep reading or watching past just the beginning, but there’s no need if you’re not into the subject. The important thing is you begin preparing.
GOOGLE THREATENED TO TERMINATE MY YOUTUBE ACCOUNT OVER THIS VIDEO!
AFTER MY THREAT TO CALL GIZMODO, THEY BACKED OFF…
WHAT IS IN THIS VIDEO SOMEONE WANTS KEPT HUSH HUSH? THE TRUTH MAYBE???
YOU BE THE JUDGE…
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The video below begins with Peter Schiff, who explains that the U.S. Dollar collapse will be the single largest event in human history. It will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth, our work, our food, our government,e even our relationships are affected by money. Currencies have been collapsing for centuries. What will make the collapse of the U.S. Dollar the single largest event in human history, is previous collapses have been local or regional in nature. There has always been another currency to turn to.
As you’ll learn below, the U.S. Dollar, as the World Reserve Currency, is the basis on which all other currency rests, and it is global, not regional, so when it collapses, it will take the world with it. First, have a listen to the first part with Peter Schiff:
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The interview above opens up with Peter Schiff being asking somewhat quizzically by Eric Bolling and Brian Kilmeade, “What do you mean? The worst isn’t over? We’re not turning a corner? Things aren’t getting better?”
Never one to be shy, Peter responds bluntly telling them, “Hardly! We’ve made matters worse.”
Obviously that’s news no one wants to hear, and sadly it’s news most people don’t remotely understand, largely because of the never ending lies they are told by Obama himself, or his minions in the mainstream media.
Peter goes on to explain how when he wrote his groundbreaking book Crash Proof, which predicted the entire 2008 crash back in 2006, it wasn’t even the 2008 crash that Peter was worried about. That was the tremor. His real fear was the 9.9 earthquake that would form as a result of non-stop government intervention afterward. That brings us to where we are today… waiting on the 9.9 earthquake…
GET A FREE DETAILED GUIDE TO SURVIVING ECONOMIC COLLAPSE OR MARTIAL LAW HERE
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As Peter explains, the problems are much worse today than they were in 2008, largely because we are much deeper in debt than we were in 2008, which means that 2009’s problems have been exacerbated exponentially.
As a country, we’ve been borrowing like crazy, then we spend the borrowed money, and finally we count that spent borrowed money as growth. Do you need to be an ivy leaguer to realize how ridiculous that is?
HERE’S HOW THE CYCLE WORKS IN A NUTSHELL:
The Fed continues to print more and more money out of thin air, providing us the means to 1) pay our debts (even though we are paying the debts back with dollars worth less than the ones we borrowed); and 2) provide the means to continue growing an ever expansive federal government. First, the federal government is used to police and control its own citizens, and then eventually it’s used to control other nations through the military industrial complex. Sound Familiar?
To continue to function, we must continue to increase the debt in excess of the debt already owed, and the interest accrued on that debt from the year before, otherwise we’ll enter a deflationary debt spiral.
When debt is created, money is created, when the debt is paid off, the money is destroyed. In other words, there is never enough to pay off the debt completely because there would not be $1 left in existence…. so… we borrow more…
HERE’S THE BIG PROBLEM WITH THE U.S. STRATEGY:
[FOLLOWED BY TWO MORE VIDEOS]
Eventually, willingly or unwillingly this behavior has to stop. The law of diminishing returns is eventually going to make the money printed to help solve problems, become one: Hyperinflation!
At that point, the lender of last resort (Fed) and the spender of last resort (government) end up with runaway inflation, and nowhere to kick the can to… there is no government to absorb the debt (yet… think one world government)…
Before a global government is formed to absorb the debt (and one will be, don’t you worry), the hyperinflation causes massive problems. The U.S. already has 100 MILLION Americans not working. Magnify that number, and then make what little goods are on the shelves way out of everyone’s price range (not that they won’t be looted).
THE FIVE PLACES NOT TO BE WHEN THE COLLAPSE HAPPENS:
1. Israel:
Israel and its Muslim neighbors haven’t had the best relationship, and when the Dollar collapses, the US is going to have WAY too many problems at home to even THINK about defending our ally.
Regardless of who is in office, or how had we might might want to, we won’t be able to. Period.
2. Southern California: The Land of Fruits and Nuts
Imagine 20 million people with no food or water, an enormous wealth disparity, and a neighboring narco state.
Riots will make the Rodney King riots look like recess time.
Imagine 20 million people, a huge percentage of which are on anti-depressants.
Now imagine society falling apart and those people not having their medication.
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3. England – Land of the Big Brother
The elites will try to rally the country to unite to fight a foreign enemy, but since that enemy has always been the elites, expect the elite to try a false flag of some sort to clamp down on the police state.
If the people figure out what’s going on, and lately they seem pretty informed, it could spell trouble for the elites.
4. New York City and all the Large Urban Areas Living Too High on the Wall Street Hog
The savings of the nation flow through Wall Street.
As the world wakes up, it will be the largest evaporation of wealth in human history.
A person driving a $100,000 Benz Monday, will be doing the unthinkable for food on Tuesday.
5. Washington D.C.
A Global Hurricane Katrina will emirate from D.C. as the printing press tries to fix things, but nothing will be fixed by hyper hyper hyper hyper inflation.
Pensions will evaporate instantly, and those who used to have power (or think they did) will learn REAL power was always at the local level… which is why D.C. has always wanted your guns!
GET A FREE DETAILED GUIDE TO SURVIVING ECONOMIC COLLAPSE OR MARTIAL LAW HERE
STOP BY WWW.THELASTGREATSTAND.COM FOR SURVIVAL GEAR
AYN RAND ONCE SAID:
“YOU CAN IGNORE REALITY. BUT YOU CANNOT IGNORE THE REALITY OF IGNORING REALTY…”
WELL, REALITY IS HERE NOW…
“THE IRRESISTIBLE FORCE PARADOX ASKS WHAT HAPPENS WHEN AN UNSTOPPABLE FORCE MEETS AN IMMOVABLE OBJECT?”
We are about to find out when infinite money hits a very finite world.
In the following video, once again Peter Schiff explains what is going on, because he’s such a natural at explaining things in an easy to understand language anyone can follow.
The Dow closed above 18,000 on Monday for the first time since last July – but unfortunately that news isn’t as positive as it sounds. Stefan Molyneux and Peter Schiff discuss the massive cracks in the world economic system, corporations defaulting on their debt, Saudi Arabia threatening to pull $750 billion in assets from the United States economy, the coming collapse in the health care industry, misleading employment statistics, the Panama Papers Scandal and the danger of economic collapse.
BEFORE THE VIDEO, YOU’LL ALSO FIND LINKS TO SOME VERY INFORMATIVE LINKS (FOR LAYMAN) EXPLAINING THE COMING COLLAPSE:
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
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At one point in the video above Stefan Molyneux makes a great point, and although he doesn’t point to politicians, that’s who he’s referring to when he says:
“This terrible thing keeps happening here the last half century. It’s the CANNIBALIZING OF THE FUTURE TO “BUY” VOTES HERE AND NOW!”
Any idea who he’s referring to? Peter Schiff gives an excellent description of how elections work in the United States, and more specifically, how Barack Obama got elected below:
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The final video on the Collapse of the Dollar is a slightly different take than the second half of the first video. I begins by saying…
“There is no greater disaster, than to undermine danger…
Underestimation can be fatal…”
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If you haven’t read the link from above titled, Jim Willie and How the Loss of the US Dollar as Reserve Currency Affects You Personally, then I HIGHLY suggest it, because once the collapse takes place, the US will lose its status as the World Reserve Currency. As for what that means… In short:
YOU DON’T WANT TO KNOW…
If you do want more information on what it means for the United States to lose its status as the World Reserve Currency some of the following points should touch the surface of how bad that will be for Americans. For whatever reason, Americans just DO NOT seem to get the magnitude of this problem. With some help from, Preparing for the Collapse of the Petrodollar System, allow me to briefly explain the impact that the loss of the World Reserve will have upon the United States of America:
Foreign nations would begin sending a flood of U.S. dollars back to the United States in exchange for the new currency needed for oil.
The Federal Reserve would lose their ability to print more dollars to solve America’s economic problems.
The Treasury Secretary and the Federal Reserve Chairman would meet to determine the best course of action.
That action would involve an immediate and dramatic increase in interest rates to reduce America’s money supply.
Hyperinflation would ensue temporarily while the interest rates took time to take full effect.
All oil-related prices, including gas prices, would reach outrageous levels.
Washington would soon realize that the total amount of money in the system would have to be dramatically slashed even further, leading to an even higher increase in interest rates.
The clueless American public would demand answers. Those on the left would blame the right. The right would blame the left. And both political parties would seek to blame the Federal Reserve.
People with adjustable rate debts would be crushed and massive layoffs would occur as businesses suffered from the high interest rates.
Asset prices across the board would plummet in value.
Amid the financial carnage, an economic recovery eventually would begin to take place. But this new American economy would be tremendously smaller due to a drastically reduced money supply.
This brief scenario is far from exhaustive and is probably very incomplete. But I provide it to help you understand the great economic damage that you and I, and our nation in general, would sustain if the petrodollar system were to collapse suddenly.
The Washington elites are intimately aware of how serious the economic situation could become if the petrodollar system collapsed. After all, they were the architects and masterminds of the entire system. And if one considers Washington’s policies since the mid-1970’s, it is evident that they have no intention of allowing the petrodollar system to fail.
FOR MORE NEWS BY VOICE OF REASON CLICK HERE!
FOR MORE GREAT MATERIAL FROM JIM WILLIE:
Ron Paul, Jim Willie, Peter Schiff, and Collapse of US Dollar on a Global Scale
Dr. Willie: US Markets in Terminal Phase of Economic Collapse… Extreme Pain Ahead
Dr. Willie: Economic System is Collapsing Right Now; Us Dollar in a “Short Squeeze”
Dr. Jim Willie: The Dollar is Dead! Even Mainstream Media Realizes it!
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: Economic Collapse is On Our Doorstep
Jim Willie: “The Quickening” is Approaching Global Economic Markets
Jim Willie: Both Our Allies and the American People Absolutely Hate Our Government
Jim Willie: U.S. Dollar is Now a Matter of National Security Due to Poor Decisions
Jim Willie, the Crumbling Global Economy, and the Dollar Crisis
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: “Can Donald Trump Really Make America Great Again?”
Peter Schiff: “China is Bleeding It’s Secret Account. Time to Panic!”
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!
Peter Schiff: “Whatever Obama Was Calling Recovery… is OVER!”
CNBC Actually Admits Peter Schiff Was Right… Again (Video)
Peter Schiff: Take a Good Look at the “New” American Dream!
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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Global collapse means their will not be enough tin foil to go around and those caught with illegal foil will be arrested and sent to FEMA camps.
It means absolutely nothing, I have been reading about this ‘Collapse’ for over a year on BIN and it should have happened already over 12 times!!!! Not the mention to other Doom Porn Peddlers out there! Live for today and worry about tomorrow, tomorrow! Besides, what can You do about it?
A very short-sighted view imho. You could do with reading The Creature from Jeckyll Island (it would seem obvious you have not done so already) and then you will be reminded that history repeats itself, ie. ALL fiat currencies have failed throughout history and the USD is on borrowed time – or is it different this time around?
“It hasn’t happened so it won’t happen.” Does that follow any kind of logic?
What can you do about it? You can prepare
If you understood what it is that forced the world to use the US dollar in international trade for the last 60 years, you would understand that all those foundations were ripped out from under it THIS YEAR.
If you understood what incredible privilege that “global reserve currency” status gave us (at the rest of the world’s expense) and exactly what it will mean for us when the world repudiates that privilege…
You would not dismiss what is coming so cavalierly.
What you *might* do is be motivated to make some basic preparations to take care of yourself and your family.
In reality, a few basic preparations you should have already made to be able to take care of yourself in a major natural disaster are prudent even if we weren’t facing a major economic/monetary catastrophe…which we are.
A little extra food, a few milk jugs full of water thrown under the house and forgotten, just basic stuff to make sure your family is provided for for a few weeks if the systems you rely on now for food and water broke down.
Be prudent, or put your head back in the sand….and if you want to really remedy your lack of understanding read:
“The Creature From Jekyll Island: A Second Look at the Federal Reserve” by G. Edward Griffin.
Then go on to:
“Web of Debt” by Ellen Brown
And if you *really* want to dig deep read:
“The Lost Science of Money” by Stephen Zarlenga
But you really should hurry. You don’t have a lot of time left
“If the people figure out what’s going on, and lately they seem pretty informed.”
Eh some are, most still aren’t, at least around here.