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War Is Coming; Global Economic Crisis Far Worse Than Originally Believed (Videos)

Thursday, July 14, 2016 1:12
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(Before It's News)

As the title by Michael Snyder implies, there is a war coming alright, many wars in fact. They are coming in different types and sizes, and they are not all against our foreign enemies that Snyder mentions like Russian and China. As you’ll learn in the video below brought to you by Jason A, we’re already seeing the breakdown of American society right now. Just because our joke of a media doesn’t cover it, doesn’t mean it isn’t happening. 

In Dallas alone, over 200 officers have already resigned. Who can blame them? They’ve determined that their lives aren’t worth risking over a false narrative being spewed by Black Lives Matter. If you can even imagine this, there was a woman representing Black Lives Matter on the Kelly File on Friday night calling for the abolishing of all police completely. What?!?! That’s insane! 

The video below by Jason A accurately depicts what the world is devolving into. It accurately reflects a statement made earlier this week by Mark Meckler, the president of Citizens for Self-Governance. In a Breitbart News Daily Sirius XM interview, Meckler told Stephen K. Bannon: 

“We live now in a lawless America. Government’s no longer accountable. They don’t follow the same rules that we’re required to follow, and, in fact, the laws and the rules are actually used against us.”

He went on:

“I think we’re at a turning point in American history, a fork in the road. There are three possible directions for America:

1) Anarchy;

2) Revolution; or

3) An Article 5 Convention of States.

That’s it. Americans are going over the cliffs of insanity. We’ve had so many chances to turn around and take an exit, but we’ve decided to go over the cliffs instead. Find out about the rest of the interview with Meckler from Breitbart …HERE

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In the video below, I reinforce what Michael Snyder says about the present threat that exists between the United States, Russia, and China even if our own alleged media is not covering it. In particular, the nuclear missile launch I mention in the video that was fired as a ‘shot across the bow’ last November is covered in more detail below.

In the video below I also affirm what Michael Snyder says about the state of the global economy, and below I provide links going into even further detail about Deutsche Bank.

NEWS: When Obama Suspends 2016 Election, a Guide to Survive Martial Law (Videos)

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As for the nuclear missile launch conducted by the Obama administration mentioned in the video above, you can see more of the event that left a lot of Americans wondering how safe we really are, be it from foreign invaders, or from our own President, direcctly below.

After the fact, the U.S. Navy issued a statement confirming the launch of two nuclear-capable missiles from a submarine off the coast of California. A lack of information about the missile test led to a flurry of calls to law enforcement and posts on social media speculating that the unusual sighting was a UFO. Most watching the event had no idea that were witnessing an unarmed Trident II (D5) missile fired from the USS Kentucky, a ballistic missile submarine.

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Michael Snyder writes:

On the surface, things seem pretty quiet in mid-July 2016.  The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love lifeBut underneath the surface, it is a very different story.  As you will see below, the conditions for a “perfect storm” are coming together very rapidly, and the rest of 2016 promises to be much more chaotic than what we have seen so far.

Let’s start with China.  On Tuesday, an international tribunal in the Hague ruled against China’s territorial claims in the South China Sea.  The Chinese government announced ahead of time that they do not recognize the jurisdiction of the tribunal, and they have absolutely no intention of abiding by the ruling.  In fact, China is becoming even more defiant in the aftermath of this ruling.  We aren’t hearing much about it in the U.S. media, but according to international news reports Chinese president Xi Jinping has ordered the People’s Liberation Army “to prepare for combat” with the United States if the Obama administration presses China to abandon the islands that they are currently occupying in the South China Sea…

“Chinese president Xi Jinping has reportedly ordered the People’s Liberation Army to prepare for combat,” reports Arirang.com. “U.S.-based Boxun News said Tuesday that the instruction was given in case the United States takes provocative action in the waters once the ruling is made.”

A U.S. aircraft carrier and fighter jets were already sent to the region in anticipation of the ruling, with the Chinese Navy also carrying out exercises near the disputed Paracel islands.

Last October, China said it was “not frightened” to fight a war with the U.S. following an incident where the guided-missile destroyer USS Lassen violated the 12-nautical mile zone China claims around Subi and Mischief reefs in the Spratly archipelago.

Meanwhile, the relationship between the United States and Russia continues to go from bad to worse.  The installation of a missile defense system in Romania is just the latest incident that has the Russians absolutely steaming, and during a public appearance on June 17th Russian President Vladimir Putin tried to get western reporters to understand that the world is being pulled toward war…

“We know year by year what’s going to happen, and they know that we know. It’s only you that they tell tall tales to, and you buy it, and spread it to the citizens of your countries. You people in turn do not feel a sense of the impending danger – this is what worries me. How do you not understand that the world is being pulled in an irreversible direction? While they pretend that nothing is going on. I don’t know how to get through to you anymore.

And of course the Russians have been feverishly updating and modernizing their military in preparation for a potential future conflict with the United States.  Just today we learned that the Russians are working to develop a hypersonic strategic bomber that is going to have the capability of striking targets with nuclear warheads from outer space.

GET YOUR FREE GUIDE TO SURVIVING MARTIAL LAW HERE

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Unfortunately, the Obama administration does not feel a similar sense of urgency.  The size of our strategic nuclear arsenal has declined by about 95 percent since the peak of the Cold War, and many of our installations are still actually using rotary phones and the kind of 8 inch floppy disks for computers that were widely used back in the 1970s.

But I don’t expect war with China or Russia to erupt by the end of 2016.  Of much more immediate concern is what is going on in the Middle East.  The situation in Syria continues to deteriorate, but it is Israel that could soon be the center of attention.

PREPPING: Know Where FEMA Camps Are Before Martial Law Gets Declared (Video)

Back in March, the Wall Street Journal reported that the Obama administration wanted to revive the peace process in the Middle East before Obama left office, and that a UN Security Council resolution that would divide the land of Israel and set the parameters for a Palestinian state was still definitely on the table…

The White House is working on plans for reviving long-stalled Middle East negotiations before President Barack Obama leaves office, including a possible United Nations Security Council resolution that would outline steps toward a deal between the Israelis and Palestinians, according to senior U.S. officials.

And just this week, the Washington Post reported that there were renewed “rumblings” about just such a resolution…

Israel is facing a restive European Union, which is backing a French initiative that seeks to outline a future peace deal by year’s end that would probably include a call for the withdrawal of Israeli troops and the creation of a Palestinian state. There are also rumblings that the U.N. Security Council might again hear resolutions about the conflict.

For years, Barack Obama has stressed the need for a Palestinian state, and now that his second term is drawing to a close he certainly realizes that this is his last chance to take action at the United Nations.  If he is going to pull the trigger and support a UN resolution formally establishing a Palestinian state, it will almost certainly happen before the election in November.  So over the coming months we will be watching these developments very carefully.

UPDATE: All Armed Americans To Be Detained In FEMA Camps Starting In 2017!??!

And it is interesting to note that there is an organization called “Americans For Peace Now” that is collecting signatures and strongly urging Obama to support a UN resolution of this nature.  The following comes from their official website

Now is the time for real leadership that can revive and re-accredit the two-state solution as President Obama enters his final months in office. And he can do this – he can lay the groundwork for a two-state agreement in the future by supporting an Israeli-Palestinian two-state resolution in the United Nations Security Council.

Such a resolution would restore U.S. leadership in the Israeli-Palestinian arena. It would preserve the now-foundering two-state outcome. And it would be a gift to the next president, leaving her or him constructive options for consequential actions in the Israeli-Palestinian arena, in place of the ever-worsening, politically stalemated status quo there is today.

Sadly, a UN resolution that divides the land of Israel and that formally establishes a Palestinian state would not bring lasting peace.  Instead, it would be the biggest mistake of the Obama era, and it would set the stage for a major war between Israel and her neighbors.  This is something that I discussed during a recent televised appearance down at Morningside that you can watch right here

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At the same time all of this is going on, the global economic crisis continues to escalate.  Even though U.S. financial markets are in great shape at the moment, the same cannot be said for much of the rest of the world.

Just look at the country that is hosting the Olympics this summer.  Brazil is mired in the worst economic downturn that it has seen since the Great Depression of the 1930s, and Rio de Janeiro’s governor has declared “a state of financial emergency“.

Next door, the Venezuelan economy has completely collapsed, and some people have become so desperate that they are actually hunting cats, dogs and pigeons for food.

SOCIALISM IS WORKING SO WELL IN VENEZUELA: Government Agents Have to Beat and Rob Female Reporters So They Don’t Tell the Truth!

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Elsewhere, China is experiencing the worst economic downturn that they have seen in decades, the Japanese are still trying to find the end of their “lost decade”, and the banking crisis in Europe is getting worse with each passing month.

In quite a few articles recently, I have discussed the ongoing implosion of the biggest and most important bank in Germany.  But I am certainly not the only one warning about this.  In one of his recent articles, Simon Black also commented on the turmoil at “the most dangerous bank in Europe”…

Well-capitalized banks are supposed to have double-digit capital levels while making low risk investments.

Deutsche Bank, on the other hand, has a capital level of less that 3% (just like Lehman), and an incredibly risky asset base that boasts notional derivatives exposure of more than $70 trillion, roughly the size of world GDP.

GET YOUR FREE GUIDE TO SURVIVING MARTIAL LAW HERE

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But of course Deutsche Bank isn’t getting a lot of attention from the mainstream media right now because of the stunning meltdown of banks in Italy, Spain and Greece.  Here is more from Simon Black

Italian banks are sitting on over 360 billion euros in bad loans right now and are in desperate need of a massive bailout.

DON’T MISS: Be Ready For Any Emergency – Crucial Guide For Any Family

IMF calculations show that Italian banks’ capital levels are among the lowest in the world, just ahead of Bangladesh.

And this doesn’t even scratch the surface of problems in other banking jurisdictions.

Spanish banks have been scrambling to raise billions in capital to cover persistent losses that still haven’t healed from the last crisis.

In Greece, over 35% of all loans in the banking system are classified as “non-performing”.

As I mentioned in my video, if you take the stock price of Deutsche Bank right now, and superimpose it with that of Lehman Brothers several months before they went under in 2007-2008, you’d be able to see the trend lines are almost a perfect match, which gives Deutsche Bank just a few months at best before going belly up. Dr. Jim Willie discusses the potential collapse of Deutsche Bank and what it means for the world in the links below. 

One of the things he brings up is how the same person who tried to give a valuation to Lehman in 2007 recently did the same for Deutsche Bank. Despite his best efforts to be conservative in 2007, the estimates were off by 250%. In other words Lehman was valued at 2.5x less than originally projected when the dust settled. 

Using the same conservative formula, Deutsche Bank’s current valuation puts it at -$400 Billion. If the same factor of 2.5x is applied, it means Deutsche Bank is a -$1 Trillion Dollar ticking time bomb. 

02/12/16: Dr. Jim Willie: When Deutsche Bank Fails, Barclays, Citigroup, and More Will Fall Like Dominos

04/14/16: Dr. Jim Willie Predicted It; Deutsche Bank Admits to Rigging Gold Markets

05/09/16: Dr. Jim Willie: Deutsche Bank Could Very Well Collapse Entire Banking System

06/24/16: Dr. Jim Willie: Brexit Result Could Detonate Deutsche Bank!

07/01/16: Dr. Jim Willie: Deutsche Bank Valued at -$1 Trillion; Economic Chaos Ahead

Even though U.S. stocks are doing well for the moment, the truth is that trillions of dollars of stock market wealth has been lost globally since this time last year.  If you are not familiar with what has been going on around the rest of the planet, this may come as a surprise to you.  During my recent appearance at Morningside, I shared some very startling charts which show how dramatically global markets have shifted over the past 12 months.  You can view the segment in which I shared these charts right here

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I would really like it if the rest of 2016 was as quiet and peaceful as the past couple of days have been. Unfortunately, I don’t believe that is going to be the case at all.

Let’s not forget all the chaos that has been promised this election, and Obama seems to be all to eager to aid in the mayhem. Just yesterday I wrote, Obama Cuts Off Law Enforcement Funding to DNC Host Philadelphia. Knowing that the leader of Black Lives Matter said the following, how could he CUT spending, and for the reason he claims to have done it? DeRay McKissen of Black Lives Matter wrote the following that was recovered from a hacked email account. In the exchange, another activist allegedly asked him if he’d been in contact with anyone in the Obama administration, namely Loretta Lynch: 

“We spoke two weeks ago, and they want us to start really pushing how racist Trump is now instead of waiting so the others can start getting the protesters ready to shut both conventions down.” 

“If we can get both conventions shut down for messing over Bernie, and for racist Trump, then we can get Martial Law declared so Obama can stay in office…”

Finally, as I mentioned in my video at the top, using the military on U.S. citizens is something Obama has been planning for since he first took office. The reason we know is because of a memo that leaked in 2010 which was later published by the Washington Times.

The memo referenced: 2010 Pentagon Directive No. 3025.18, “Defense Support of Civil Authorities, gives Obama authority to violate the Posse Comitatus Act – using our own troops against us on American soil. “This appears to be the latest step in the administration’s decision to use force within the United States against its citizens,” said one defense official opposed to the directive. “Federal military forces shall not be used to quell civil disturbances UNLESS SPECIFICALLY AUTHORIZED BY THE PRESIDENT in accordance with applicable law or permitted under emergency authority,” the directive states.

For more on the specific U.S. code I mentioned in my video be sure to check out 10 U.S. Code § 33110 U.S. Code § 334!

The storm clouds are rising and the conditions for a “perfect storm” are brewing.  Sadly, most people are not going to understand what is happening until it is far too late.

GET YOUR FREE GUIDE TO SURVIVING MARTIAL LAW HERE

BE SURE TO CHECK THELASTGREATSTAND.COM FOR SURVIVAL GEAR!

 

IF YOU READ NOTHING ELSE, THE FOLLOWING POSTS ARE ESSENTIAL:

Peter Schiff: Don’t Believe the Hype! The Real Economic Fallout From Brexit (Video)

How Will the U.S. Conduct Trade With Worthless U.S. Dollars and No Gold? (Video)

Why Did Illuminated George Soros Liquidate 37% of His Stock to Buy Gold? (Video)

What Exactly Does Global Economic Collapse Coming May 2016 Mean? 

Dr. Willie and Peter Schiff Together: Total Currency Collapse and Reset Coming

Economic Implosion Will Lead to Stock Market at 5,000 by 2017 Forecaster Says

BLM

FOR MORE ON THE CHAOS COMING FROM THE 2016 ELECTION:

Looks Like President Barack Obama May Suspend 2016 Presidential Elections…

Is Obama Really Going to Suspend Elections and Declare Martial Law? (Videos)

When Obama Suspends 2016 Election, a Guide to Survive Martial Law (Videos)

Black Lives Matter and Soros Plan to Escalate Chaos Forcing Martial Law (Video)

Prepping: Know Where FEMA Camps Are Before Martial Law Gets Declared (Videos)

Proof Massive Underground Military Bases and Complex Tunnels are Real (Videos)

Americans Are Protesting the Fake Election Process Everywhere; Media Silent

Former Military Officer: The 2016 Election Doesn’t Even Matter (Videos)

Trump Protesters Admit Answering Craigslist Ad Paying $16/hr to Protest (Video)

Stop 2016 Election, Then Begin Martial Law Is Goals of Soros’ Democracy Spring (Video)

A Former Federal Prosecutor Warned: Obama Plans to Incite Race War This Summer (Video)

Martial Law

FOR MORE LINKS ON MARTIAL LAW:

Patriot Films Shocking New Video of a FEMA Camp Recently Discovered in Texas

Major Update to Military Movement and Actual Documentation of Their Plans (Video)

United Nations Troops on U.S. Soil Prepared to Assist With Martial Law? (Videos)

Obama Has Prepared FEMA for All Four Storms… Are You Prepared?

13 States Obama Is Using for His Nefarious Secret Agenda (Video)

Obama: Be Ready For EMP Attacks, Engineered Pandemics, Earthquakes, and Martial Law

How Likely is Martial Law in the US, and What Happens Under Martial Law 

Law Enforcement Preparing For Rioting on National Scale (Videos)

All Armed Americans To Be Detained In FEMA Camps Starting In 2017? (Video)

Beware of Martial Law: Obama Will Confiscate Firearms Of All 50 States in 2016

Army Not Prepping for Battle; Training For Riot Control and Martial Law

Pentagon Says Preparing For Huge Civil Unrest in U.S. (Videos)

The Department Of Justice Prepares To Step Up War On “Domestic Extremists”

Congress Declares Martial Law As Dollar Rapidly Collapses

Political Dissidents Homes Being Marked By FEMA Prior to Martial Law?

All You Need To Know About Obama’s Coming Gun Grab

Obama Signs Executive Order Permanently Implementing Martial Law

FEMA Concentration Camps Disguised As Malls Being Built Everywhere

Government “Threat List:” 8 Million People To Be Detained Immediately

 

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