Need a reference source: Imminent Financial Collapse? Move money to?

[gripreaper]

For real though, look at this chart:

[img]http://www.caseyresearch.com/sites/default/files/resize/WorldCentralBanksHaveBeenBuyingGoldSincetheFinanci alCrisi****-489x297.jpg[/img]

[edit]Ah hahaha!! The image wont load because this software thinks its the word sh!t instead of two words in a link crisis hit

Here's an excerpt. You can see the graph and full article at the link below

Meanwhile, we think the trend of central-bank gold buying will continue. It's not hard to see why: central bankers around the world know what it must ultimately mean to run the printing presses the way the US has since 2008, even if price inflation is not immediately obvious. It's no surprise that they want to hedge their bets, moving more reserves into something with actual value... something that can't be debased with a few keystrokes. The US dollar has been the world's reserve currency since WWII, and that's beginning to change – the movement into gold is just one facet of that change.

The entire world may indeed be beginning to understand that it's operating on a fiat currency system backed by nothing. At the same time, the sovereign debt crisis in the Eurozone is intensifying, and some countries have succeeded in inflating their currencies faster than the Fed has inflated the USD. It doesn't take Nostradamus to read this writing on the wall… and while the world's central bankers can lie to the public, they themselves know how bad things are.

In fact, the WGC is so confident that central banks will continue to buy gold that it's changed its reporting structure: it's added "official sector purchases" as a new element of gold demand, while eliminating "official sector sales" as a negative supply factor.

Of course, gold will someday top, and Doug Casey believes a bubble in gold and related equities is highly likely at some point, courtesy of the trillions more currency units governments will create in a desperate (and ultimately unsuccessful) attempt to stave off the Greater Depression.

But we're nowhere near that point. There's a long way to go before we start legitimately using the "B word" (bubble) or "S word" (sell).

In the meantime, I suggest using the "B word" (buy) or "A word" (accumulate) to make your decisions about gold.

http://www.zerohedge.com/news/guest-...ignal-top-near

Here's the "articles" page on Doug Casey's website:

http://www.caseyresearch.com/articles

[Dennis Leahy]

Posted by Sebastasoul (here)

Posted by Dennis Leahy (here)
do you believe there will be a financial collapse (engineered or organic/domino effect) within the next six months?

Dennis

... considering the last few years of extreme financial corruption and it's effects compounded by fear and conflicting predictions. My opinion has swung wildly during this time, here's what I'm currently thinking.

Right now I have way more reasons to think this 'collapse' is not going to happen (whatever collapse actually means to who) ever, at all. A collapse would not be beneficial to the money-making systems in place and would not be beneficial to all their friends, CEO's, cronies when they lose their workers to having to band together to survive. If the big money people are in on some plan, why is there no slow down whatsoever in big industry and the expansion of corporate endeavors? There's lot of future planning going on. Bottom line, a dollar collapse does not just affect the mid to lower class severely, it affects everyone including themselves, every system they've built and all their profiting friends, and it opens Pandora's box to unexpected consequences they would have no control of.

Sebastasoul,

You make some good, logical points. I have thought some of the same things, including the reality the the very top tier of international bankers (the top of the pyramid) has partial ownership in many corporations. This makes me think (and this is addressed to everyone)...

But then... (like you said, opinion swinging wildly) we now know that the 1929 crash was engineered by bankers. Bankers who must have also lost some money but knew with the shakedown, they would not only remain on top, but would further consolidate wealth and power into their hands. Leading up to 1929, I assume that the bankers that caused the crash and depression were at least loaning money to companies, (if not outright partial owners) and the crash did detrimentally affect those companies too. But the bankers went ahead with it anyway. Does this mean that they are just sociopathic chess players? Will they sacrifice rooks, bishops, and queens as long as they win the match?

When someone has trillions of dollars, losing most of their money will not affect their lifestyle. A analogy is that it is true that we all float on the same ocean, rising or falling as the ocean rises and falls - but most of us are hanging onto flotsam while the Financial Elite are in the crows nests of tall-masted ships. We drown when the waves get big; they are largely unaffected.

So, is there a gambit in engineering a complete monetary collapse, immediately losing piles of your own money right along with the average slobs, but planning on a power grab when assets like land and even businesses can be purchased for pennies on the dollar? They also know that they have the inside track to filling their bank vaults back up - they are insiders to the system, and are not held back by "scruples" or "conscience."

Won't the giant corporations survive regardless, even with a severe depression? Certainly (if there is no paradigm change in governance), the "defense" contractors will do just fine, as will many of the top 100 corporations. Even in those corporations that might fail, the CEO and the next tier down will be just fine.

Aren't the Global Ruling Bankers in a league of their own when it comes to global macro-economics? Trying to think like a sociopath, for a moment, do they really care who gets hurt, as long as they get what they want?

Dennis

[puurfectten]

hey dennis...wish i had some magic for ya but every financial blog of column has a bias so its easy to get crossed signals...us treasuries are getting blown into a giant bubble now over all the money flows out of europe...gold and silver are getting crushed from the same driving up the usd...alond with all commodies...they tend to follow....as far as an economic collapse goes i really dont see it...maybe a dislocation of the major panic veriety like in 2008-09....even if the usd collapsed it would be iether reset on a gold standard or replaced which just means u don't want all your money in cash...life would continue after a panic..in a major panic involving currencies like the usd..i myself would have phisical silver....just in case and corn /wheat/soybeans etc...things u need to make food....everyone out there will have different opinions so best to know how to read the markets and move it around...but in a panic just think of the things people will need...i really do believe that when the bond bubble pops alot of that money will flow into real estate....

[Czarek]

(a)
I think it’s important to understand what kind of system we are currently living in. Today, money is backed by nothing. I would start with your friends and family understanding that first. The following video does a good job of explaining it and what happened since 2008.



Personally, I don’t believe for any game changing event happening any time soon. I'd keep my eye on inflation though.

[jackovesk]

G'Day Dennis,

I would like to address the 'Issue at Hand' and 'Break-Down' your Concerns in simplistic terms...

Need a reference source: Imminent Financial Collapse? Move money to?

Contributing factors of a problem to give a 'Big Picture' analysis that always takes into consideration...

The Agenda, Politics & NWO Propaganda that continues to sell 'The Economic LIE' that as long as there is (Demand, Supply & Growth) there is a market..?

Part 1 - Imminent Financial Collapse

Lets have a look at the most misunderstood word in Economics 'GROWTH'...

Captalist Markets - Without 'Growth', Companies find it harder & harder to make a Profit, forcing them to streamline their internal 'Busines Process Model' & 'Downsize their Workforce'...Which ultimately leads to Unemployment, Austerity & Cost Cutting..!

NOW...

Definition of Economics

Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)".

https://en.wikipedia.org/wiki/Economics

House Rules - Get it..?

Just like the Casino - The 'House Rules'..!

Fascisim &/or Corporatism

The Govt. & Corporations vs YOU..!

Throw the (FACT) that these type of Co's are 'in-Bed with Big Govt' and are against YOU...



...and 'They're (ALL) in it together' against 'You know Who'...



NOW throw ontop of ALL-THAT a Dump-Truck of Derivative DEBT



What seems to be the 'Problem' slave...?

Oh, 'Poor Didums' not working out for you little Johnnie..! WHAT DID YOU EXPECT FOOL..!

OMG, does this mean they've been 'LYING' to us all these years..?

Part 2 - Move money to..?

• If you $$$Money in a 401k, Superannuation, Managed Investments and the $$$Money is allocated into Shares - Call your Adviser and Tell then to Transfer your Asset Allocation into the 'Cash Component IMMEDIATELY..!
  
• If you have money in the Bank..? Transfer it IMMEDIATELY into a Credit Union &/or Co-Op that is owned by YOU the Depositer and all 'Profits are Reinvested'..!
  
• If you have the Cash..? Buy (Physical) Gold & Silver, not ETF's or Promissory Notes..!

Now the BEST SITE on the Planet - Barr None for your Family & Friends to not only Educate themselves, but provide 'Long-Term SOLUTIONS to the problems we face when & if the SHTF &/or to Fight Against the NWO Globalist has to be, Catherine Austin-Fitts website...

Catherine Austin Fitts offers Solari Report subscribers a unique perspective on how to navigate the opportunities and risks in the global financial system and political economy. Her background includes:

• Investment Advisor: Managing member of Solari Investment Advisory Services, LLC.
• Entrepreneur: President of The Hamilton Securities Group, investment bank and financial software developer.
• Government Official: Assistant Secretary of Housing - Federal Housing Commissioner, Bush I.
• Investment Banker: Managing Director and member of the board of Wall Street firm Dillon, Read & Co. Inc.

Catherine has designed and closed over $25 billion of transactions and investments to-date and has led portfolio and investment strategy for $300 billion of financial assets and liabilities.

Catherine's experiences on Wall Street and in Washington D.C. are chronicled in Dillon Read and the Aristocracy of Stock Profits:

"Long ago, I made a promise that I would never act against the best interests or the excellence of my own people—that I would do my best to ensure that we were worthy of the stewardship of our world and that we did our best to leave a better world for generations yet to come. To make and keep such a promise is to understand that money and position are tools, not goals, and that death is not the worst thing that can happen. Some would probably accuse me of 'fighting the tape' and not being 'good at the game.' I would tell those people that now is not the time in the history of our people for a failure of imagination."

http://solari.com/blog/

All the Best Dennis, hope this helps...

Jack

[Watching from Cyprus]

Dennis,

- any life savings should be spend now since they will have no value at all for trading purposes when the EUR/USD collapses (happening now)
- spend what can be spend NOW. THE MONETARY SYSTEM IS TAKING ITS FINAL BREATH, AND DONT YOU EVEN TRY TO BELIEVE/HOPE EVERYTHING WILL BE BACK TO PRE 2008.
- keep some silver coins to take you through the transition period. Silver and Gold will also loose its value since it cannot be eaten as food (medical anti bacterial use it does have)
- dont try too hard to convince your friends what is going on. Tell them 1 time so they do not forget it, and then it is up to them to process the info and do something about it
- Get out of EUR and USD... exchange to Chinese Renmimbi, Indian Rupees or Russian Rubles (remember you should spend it all if you can now).
- We have to crash the banks... this is the only way out, so withdraw all funds from the banks in the currencies indicated above.

If you are awaken and look at yourself from above.... YOU DON'T HAVE ANY LIFE SAVINGS...NOTHING YOU THINK IS YOURS, IS NOT.... THE TITLE DEED ON YOUR HOUSE AND LAND IS NOT LEGALLY YOURS, SINCE NO BODY EVER HAD THE RIGHT TO ASSIGN THE LAND AWAY ... CAN YOU NOT UNDERSTAND THAT WE HAVE BEEN DEEPLY DECEIVED. I HAVE JUST AS MUCH RIGHTS FOR "YOUR" TITLE DEED AS YOU HAVE AND YOU TO "MINE".

Sorry, but i am just so awake that it is magic and i have problems in understanding that other people just cant see it as clear as i.

Last : the Chinese are preparing to back their Renmimbi 100% with Gold (and silver) to introduce the Renmimbi as the worlds new reference currency. In the other camp centered in Europe, they are preparing to back their version of the New World currency with CARBON CREDITS... and this could be the IMF's currency (SDR) which is all electronic ...

JUST SAY NO TO ALL THIS BS.

I love you all
Peter

[joamarks]

if you have cash.....

invest in food:

liquor. (for trading in a world without money, you can buy lot's of bottles of high quality liquor. stays well for long time. after all, in crises people all ways need a drink )
water.
dried food.

alternative energy:
solar wind energy. saves on the monthly bill

house make your house more energy efficient
buy a wood stove

or do nothing of all above but invest in growing your Independence to all material matter, invest in personal knowledge:
follow healing, nature, incarnation or growing food courses,

live by the day.

[Paul]

Posted by Watching from Cyprus (here)
any life savings should be spend now since they will have no value at all for trading purposes when the EUR/USD collapses (happening now)

I'd suggest a variation on this ... not spending it all.

Rather I'd suggest that we're entering a time of more than the usual uncertainty, so one should diversify, expecting to lose some forms of one's possessions and wealth.

I don't mean diversify into various kinds of stocks and bonds, as I might have meant twenty years ago.

I mean diversify more widely, including into stored food, tools, shelter, gold and silver and cash that can each be gotten even if no bank or broker is open, seeds, water filters, clothing, and some money in local banks and credit unions.

Think of yourself as a daddy long legs or a spider thinks when it must engage with a dangerous opponent ... it's prepared to lose a leg or two ... that's one reason it has six of them. It can still maneuver on the remaining legs, and regrow the missing ones, once it escapes.

Also be prepared to maneuver quickly ... it is quite unlikely that one can "set one's sails" and get through what's coming, with a single and unchanging tactic ("tack"). So also invest in one's health and situational awareness.

Oh ... and get the heck out of debt ... especially any debt that encumbers something you'd rather not lose. Such can limit one's options. Lower one's cash flow needs as much as one can, as negative cash flow can also be quite limiting.

[gabbahh]

Zerohedge.com is a great site on all financial, economic and political news.

If you are looking for financial advice go to Reggie Middleton's Boombustblog.

Reggie has been a guest on Max Keiser a lot of the times, and has a great track record regarding good investing opportunities.

Let me ask a stupid simple question... do you believe there will be a financial collapse (engineered or organic/domino effect) within the next six months?

Dennis

This is the zillion dollar question.

Does anyone know what the central bankers have in store for us?

Currently they are doing an amazing job of stealing all savings (fiat currency/anti-capital and real capital) from the populous and giving it to the robber barons. How long do they want to keep playing this sick game? When are we considered poor and desperate enough?

And the next question is, are these Central Bank (owners) really the guys in charge? Or are they controlled puppets? And if they are puppets, do they know their master(s)?

And what is the plan, if there is any, of the directors/controllers/masters? Last few times it was a war to give the populous hope and an outlet for the built up rage and fear. This results in a culling of the weak and a destruction of capital. After the war, start rebuilding crap, which gives the monsters (humans without real rights) the illusion of change for better.

But the again, what do I know.

[Paula]

Gregory Mannarino: “The financial channels, the main stream media, their job is to keep your perception in check. They need you to be believing that everything is fine. They need to distract you from all that we’ve been hearing about...”

I agree 100% with Paul's post. I found by taking action step whenever and wherever, I’ve empowered myself.

I've just discovered this vid series by Gregory Mannarino. He uses easy to understand language for the ordinary person. Gregory explains in easy to understand terms about finance and how we are being duped. Gregory’s mission is to wake people up. For the lay person, this is a great resource to share with family that are on the verge of waking up.

In this vid he explains how the real professionals are NOT investing in financials. His advice is physical gold and silver. At 4:34 into the vid, he uses charts going back 5-7 year to present to demonstrate his points for companies: J. P. Morgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of America, and Bloomberg.

http://www.youtube.com/watch?v=gOje2...hannel&list=UL

Source: http://www.youtube.com/watch?v=gOje2DL9L_A

[Dennis Leahy]

Good stuff. Keep it coming!

So, we have no consensus. Some ("A") say there will be no (major or total) financial collapse, some ("B") say there will be.

[A] - There will NOT be a major financial collapse, soon:
I have to ask those that think there will be no collapse: what about the $700 Trillion to $1.4 Quadrillion (in US dollars) derivatives debt? Is it not a "bubble"? Maybe "bubble" is a poor way to express the danger from it? Maybe only those investors actually holding derivatives will be directly hurt? Please explain the consequences of the giant derivatives debt for the average guy, if possible. I'm assuming that the very slick financial sector, from the international/global ruling bankers on down, will do every trick in the book to shove the debt liability away from themselves and onto the common person. If you assume it will NOT be a total financial implosion, will that simply mean a huge spike in inflation?

The giant derivatives debt is the herd of elephants in the room - to me - and I'd love to understand why I shouldn't be concerned (if I shouldn't.) How high can that debt go? Is there a limit, and if so, what happens when it is reached?

on the other hand...

[B] - There WILL be a major financial collapse, soon:
Those stating that there is definitely a global financial collapse coming, or specific currencies (US dollar, Euro) going to be devalued to near nothing, where did you get your information? For my family members and some friends that have started asking questions and who experienced losing nearly 40% of their invested money in 2008, I cannot simply play a video of Lindsay Williams on Prison Planet TV stating emphatically that he was told by an insider that the US dollar will be crushed by the end of 2012. I don't want mainstream sources (I assume they are lying, as they work for the Financial Bastards.) My gut says there is a financial collapse or at least an extreme bloodletting about to happen... but I need something more solid to show to family and friends or they will probably do nothing (frozen in fear, and do not have a proper distrust of the Global Rulers/Bankers, the US government, the media, and the collusion between them all.)

Dennis

[conk]

Posted by Mulder (here)

Posted by Dennis Leahy (here)
Thank you NancyV, Czarek, and mgray.

Let me ask a stupid simple question... do you believe there will be a financial collapse (engineered or organic/domino effect) within the next six months?

Dennis

If you define financial collapse as Weimer-Republic style hyper-inflation, then my answer is "No." This will never happen as the people would rise up. I've said this on posts I made last year, so I haven't just made up my mind. I believe they can keep the system going as it is now for several more years if they choose to (ie, inflation rising by 10% P.A. & unemployment getting a little worse each year, slowly losing more rights,....). I firmly believe all the panic is a Psy-Op there'll never be "a total collapse," nor will society end.

So, you believe that debt and inflation can be expanded to infinity?

Here's a quote from the great Austrian economist Ludwig Von Mises:

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner, as the result of a voluntary abandonment of further credit expansion, or later, as a final and total catastrophe of the currency system involved."

No system of money like the current one has ever survived, never. It's all by design. It will fail. When is the question. Read the book The Fourth Turning and realize the time is now.

See the excellent video series by Chris Martenson -
http://www.peakprosperity.com/crashcourse

[jackovesk]

Posted by Dennis Leahy (here)
Good stuff. Keep it coming!

So, we have no consensus. Some ("A") say there will be no (major or total) financial collapse, some ("B") say there will be.

[A] - There will NOT be a major financial collapse, soon:
I have to ask those that think there will be no collapse: what about the $700 Trillion to $1.4 Quadrillion (in US dollars) derivatives debt? Is it not a "bubble"? Maybe "bubble" is a poor way to express the danger from it? Maybe only those investors actually holding derivatives will be directly hurt? Please explain the consequences of the giant derivatives debt for the average guy, if possible. I'm assuming that the very slick financial sector, from the international/global ruling bankers on down, will do every trick in the book to shove the debt liability away from themselves and onto the common person. If you assume it will NOT be a total financial implosion, will that simply mean a huge spike in inflation?

The giant derivatives debt is the herd of elephants in the room - to me - and I'd love to understand why I shouldn't be concerned (if I shouldn't.) How high can that debt go? Is there a limit, and if so, what happens when it is reached?

on the other hand...

[B] - There WILL be a major financial collapse, soon:
Those stating that there is definitely a global financial collapse coming, or specific currencies (US dollar, Euro) going to be devalued to near nothing, where did you get your information? For my family members and some friends that have started asking questions and who experienced losing nearly 40% of their invested money in 2008, I cannot simply play a video of Lindsay Williams on Prison Planet TV stating emphatically that he was told by an insider that the US dollar will be crushed by the end of 2012. I don't want mainstream sources (I assume they are lying, as they work for the Financial Bastards.) My gut says there is a financial collapse or at least an extreme bloodletting about to happen... but I need something more solid to show to family and friends or they will probably do nothing (frozen in fear, and do not have a proper distrust of the Global Rulers/Bankers, the US government, the media, and the collusion between them all.)

Dennis

I'm not sure I understand Dennis...

Don't your Family & Freinds trust your opinion or judgement..?

I have told all my freinds and family, virtually anyone who will listen that the 'Perfect Economic Storm' is looming overhead...

If after all the Free advice I've given them all over the years and they still don't listen..? There is nothing I can do about it...

So...

My gut says there is a financial collapse or at least an extreme bloodletting about to happen... but I need something more solid to show to family and friends or they will probably do nothing

...what else can you do Dennis...?

When all else fails, break-down the knowledge you know (Into Byte Seized Pieces) and give them a STERN WARNING, tell them what you know, what you have done to prepare and what they can expect if they DO NOTHING..!

If they want Proof - Tell em to watch these 2 clips...

Lyndon LaRouche On World Economic Collapse-June 16, 2012

Source: http://www.youtube.com/watch?v=RpKxdaIZkZc

http://www.youtube.com/watch?v=RpKxdaIZkZc

We're in The Greatest Crisis of Our Time! Lyndon LaRouche Warns America

Source: http://www.youtube.com/watch?v=LlaxdrFNeNI

http://www.youtube.com/watch?v=LlaxdrFNeNI

PS - And if they continue to ignore the Warnings at their own Peril, tell em this...!

Grow Up, Wake Up and start using your own COMMONSENSE...!

I have done (ALL) I can do to warn you, my conscious is free & clear now and I leave the rest up to you...

[CdnSirian]

http://www.webofdebt.com/ interesting site (I just started a new post on a similar topic)-to read about the problem, and posing a solution - public banking - which some folks may find interesting reading. Sorry no tips on your question!

Except to stay as local as possible with your holdings.

[Dennis Leahy]

Most people do not own their homes. They either have not been in them long enough to have paid for them, or they took out a second, or third mortgage for kids' college or a medical emergency, etc.

Soooooo...

I'm thinking anyone with an ARM (adjustable rate mortgage) is standing on the tracks with a bullet train approaching: ARM are based on the prime lending rate, that (I assume) will skyrocket with even a partial financial implosion. Is this correct thinking? (If you cannot immediately pay off your house, switch to a fixed-rate loan?)

Dennis

[Dennis Leahy]

NancyV noted the Sovereign Investor in post #2. They send an email newsletter, and there was a video link within the newsletter. (The link is an irritating video because you cannot see the total length of time, nor how far you have watched, and cannot rewind back a few seconds or a minute. And, it is aimed a "players" of the market, rather than those abandoning the market. And, I suspect is really an infomercial but I haven't gotten that far yet.) So, with those caveats, has anyone "watched" this audio presentation with captions from Strategic Investment? http://www.strategicinvestment.com/p...&code=ENDPN712


www(dot)strategicinvestment.com/pages/svs/capitalism_video_update.php?pub=NDPCAP&code=ENDPN7 12

If so, please give your feedback.

Dennis

{edit, to add:} Yes, it is an infomercial. Paid subscription service. Still, I'd be interested in people's take on his "demise of the Petrodollar" concept.

[gripreaper]

Posted by conk (here)

So, you believe that debt and inflation can be expanded to infinity?

Here's a quote from the great Austrian economist Ludwig Von Mises:

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner, as the result of a voluntary abandonment of further credit expansion, or later, as a final and total catastrophe of the currency system involved."

No system of money like the current one has ever survived, never. It's all by design. It will fail. When is the question. Read the book The Fourth Turning and realize the time is now.

That might be a good place to start, taking them through an economics lesson between the Austrian School, and Keynesian economics.

The bottom line, is Keynesian economics is a failed experiment. Using a debt based currency, at interest, to a private cartel, which HAS TO AND MUST continue to expand indefinitely, is mathematically impossible and has an inevitable outcome when the interest overwhelms the principal, and the flow of more debt into the ponzi scheme cannot be sustained any longer. The inevitable need to rape and pillage the planet to take natural resources and turn them into assets, so that the interest can be serviced against a ponzi scheme of fiat nothing, is just insane.

So, is the question really about whether there will be a collapse or not? The question, is more like: Will it slow bleed to the inevitable outcome, or will it pop in one catastrophic event.

Yes Dennis, the policy of the inept government will be to keep the ponzi going as long as possible, with a combination of deflation and inflation. The basic things we need like food will skyrocket, while housing and jobs will deflate and get killed. Lots of good advice on this thread.

[Mulder]

Posted by conk (here)

Posted by Mulder (here)

Posted by Dennis Leahy (here)
Thank you NancyV, Czarek, and mgray.

Let me ask a stupid simple question... do you believe there will be a financial collapse (engineered or organic/domino effect) within the next six months?

Dennis

If you define financial collapse as Weimer-Republic style hyper-inflation, then my answer is "No." This will never happen as the people would rise up. I've said this on posts I made last year, so I haven't just made up my mind. I believe they can keep the system going as it is now for several more years if they choose to (ie, inflation rising by 10% P.A. & unemployment getting a little worse each year, slowly losing more rights,....). I firmly believe all the panic is a Psy-Op there'll never be "a total collapse," nor will society end.

So, you believe that debt and inflation can be expanded to infinity?

Here's a quote from the great Austrian economist Ludwig Von Mises:

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner, as the result of a voluntary abandonment of further credit expansion, or later, as a final and total catastrophe of the currency system involved."

No system of money like the current one has ever survived, never. It's all by design. It will fail. When is the question. Read the book The Fourth Turning and realize the time is now.

See the excellent video series by Chris Martenson -
http://www.peakprosperity.com/crashcourse

I think you have mis-understood me. I started a thread about Weimer Republic hyper-inflation over a year ago, where a loaf of bread costed one million marks one day, then over one billion the next day! I don't believe the elite will let this happen as they'd lose control and there's be revolutions in every country & no World Govt!
But, if you look at my videos from Lindsay Williams and Peter Schiff earlier in this thread, I certainly believe the economy will get much worse (slowly) over the next few years.
I don't have "inside sources" and I can only make my decisions based on past behaviour and on what "whistle-blowers" say.
I know the elite will let people starve for a time, and then they'll hold a new "Bretton-Woods" conference and bring in a new currency, a new banking system and possibly a cashless society and this will be Problem-Reaction-Solution as David Icke says.

[9eagle9]

What does the financial collapse we've experienced in the last two years tell you?

Posted by Dennis Leahy (here)
Thank you NancyV, Czarek, and mgray.

Let me ask a stupid simple question... do you believe there will be a financial collapse (engineered or organic/domino effect) within the next six months?

Dennis

[Mulder]

Posted by Dennis Leahy (here)
Good stuff. Keep it coming!


[B] - There WILL be a major financial collapse, soon:
... I cannot simply play a video of Lindsay Williams on Prison Planet TV stating emphatically that he was told by an insider that the US dollar will be crushed by the end of 2012. I don't want mainstream sources (I assume they are lying, as they work for the Financial Bastards.) My gut says there is a financial collapse or at least an extreme bloodletting about to happen... but I need something more solid to show to family and friends or they will probably do nothing (frozen in fear, and do not have a proper distrust of the Global Rulers/Bankers, the US government, the media, and the collusion between them all.)

Dennis

I've found with my friends and family that they will NEVER believe this information - even if a UFO landed in their yard & ETs came out and talked to them, they'd still not accept anything I try to tell them. All you can do is plant seeds and hope "the penny drops" before it's too late. It's likely there will be major events and shocks before it's "too late" and they will have to pay attention to them.