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The following is an interesting overview produced by X22 Report of our current economic situation and the behavior of the elites going into the next stage of the collapse process. Take special note of the information on the abrupt decline in bank issued loans (debt); is it not rather coincidental that as the Federal Reserve presses forward with the interest rate hiking process that credit issuance suddenly freezes up? This is what I have been warning about since last year, and now we are watching it unfold…
Regards,
Brandon Smith, Founder of Alt-Market.com
http://alt-market.com/articles/3149-the-elite-are-prepped-and-prepared-for-the-economic-crisis