Upcoming in 2016 (1) Greek default - July, (2) Rio Olympics disaster - Aug (3) War in Middle East - Sept

[ThePythonicCow]

Posted by Paul (here)
Possible triggers for a major European financial collapse include:

• Greece defaulting, as Ken predicted.
• Deutsche Bank failing, outright.
• Some major Italian banks failing, in turn causing Deutsche Bank to fail.

It's too early to tell if I finally got a forecast right, and I am still looking for confirmation for this, but Martin Armstrong is reporting (simply, without further details):

We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in Italy.

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P.S. #1 -- BeforeItsNews claims this as well, at The Economy: “Bank Runs Have Begun in Italy, ATMs Being Emptied”, which begins:

“We have numerous reports of BANK RUNS taking place right now throughout Italy. Reports of lines of people at ATM’s are draining the automatic tellers of all cash. This comes after weeks of speculation about the health of several Italian banks, including the oldest Bank Monte dei Paschi, which has been in business since the year 1472 – twenty years before Columbus discovered America!

===

P.S. #2 -- Five days ago, James Corbett of the Corbett Report had a good article explaining, with details, why Italian banks might be next: Italian Banks Tipped As Next Crisis. This article begins:

Oil is crashing back down, precious metals are continuing their climb (although not for lack of manipulation), US treasury yields are hitting record lows and stocks are failing to break previous highs as the Brexit fallout continues to settle on the markets. But for the moment all eyes are turned to Italy, where the next shoe may be about to drop.

Specifically, the shoe is dropping in the Italian banking sector, where bad loans are the nemesis of the day. As the Wall Street Journal reports:

“In Italy, 17% of banks’ loans are sour. That is nearly 10 times the level in the U.S., where, even at the worst of the 2008-09 financial crisis, it was only 5%. Among publicly traded banks in the eurozone, Italian lenders account for nearly half of total bad loans.”

The WSJ blames this on the “lax lending standards” of Italian banks before quoting Lorenzo Codogno, the former director general at the Italian Treasury: “Brexit could lead to a full-blown banking crisis in Italy. The risk of a eurozone meltdown is clearly there if Brexit concerns are not immediately addressed.”

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P.S. #3 -- The IMF (International Monetary Fund) is warning about Italian banks as well. It has been common for the IMF to make such calls, just before a crisis ... perhaps it's easier to know what's going down if you're part of the gang causing it.

The Zerohedge article IMF Warns Of "Global Contagion" From Italy's Bank Crisis; Forecasts Two-Decade Long Recession begins:

Piling on to Italy's growing mountain of worries, this evening the IMF itself warned that Europe's third largest economy would grow by less than 1% this year and only marginally faster in 2017, slashing its previous forecasts of 1.1% and 1.25% growth for the next two years, mostly as a result of the most convenient scapegoat available in Europe at the moment: Brexit (which has become to Europe as "cold weather" has been to the US for the past two years).

Christine Lagarde's organization said Italy was “recovering gradually from a deep and protracted recession”, but said the healing process was likely to be “prolonged and subject to risks”. It used its article IV consultation – an annual economic and financial health check – to stress that Italy was vulnerable to a cocktail of threats that could have knock-on effects for the rest of Europe and the world.

[ThePythonicCow]

Posted by Paul (here)
It's too early to tell if I finally got a forecast right, and I am still looking for confirmation for this, but Martin Armstrong is reporting (simply, without further details):

We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in Italy.

Since posting the above, I have not been able to find any further confirmation of these reports of bank runs in Italy.

[ThePythonicCow]

Posted by Paul (here)
Since posting the above, I have not been able to find any further confirmation of these reports of bank runs in Italy.

Unfortunately, the headlines at the top left of http://drudgereport.com/ are:

• TWENTY DEAD: ITALY TRAIN CRASH...
• HEAD-ON COLLISION...
• Carnage in countryside...

Please, dear Lord, let this just be a coincidence.

(How it came to be that two passenger trains were heading in opposite directions on the same track, head-on, is not yet known.)

[Ewan]

Posted by Paul (here)

Posted by Paul (here)
It's too early to tell if I finally got a forecast right, and I am still looking for confirmation for this, but Martin Armstrong is reporting (simply, without further details):

We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in Italy.

Since posting the above, I have not been able to find any further confirmation of these reports of bank runs in Italy.

Yes. All my search results are referencing Armstrong's report.

[MorningSong]

Hello all. I am in Italy and I have not heard one word on any of the news channels or sites about a "run on the banks" nor of any ATMs being emptied by hoards of fearful peeps.

Last week, the ATM at my preferred bank was not working, but the one in the next town was.

There is a lot of talk on the news about the banks, about Italy's govt wanting a mega bail-in with public funds which would come from the EU. It appears that Merkle has poo-pooed Renzi's "salva banche" proposal: http://www.zerohedge.com/news/2016-0...k-bailout-plan

Renzi keeps insisting that Germany's banks are maybe 100 times worse off than those in Italy. Lots of graphs keep showing up in the press.
Here's an article from today's Sole24Ore: "From Berlin to Lisbon European Banks at Risk"

http://www.ilsole24ore.com/art/finan...l?uuid=ADBzOFr

Googling,I was able to find a few gang hits on ATMs, some blown up with explosives, some emptied with hacked cards. Sadly, that's a typical form of criminality here. But no mention of other preoccupying mass action/reaction involving the masses or particular banks.

Monte Pascoli di Siena has been like a beached whale floundering in the shallows of default for YEARS! I think that most peeps would love to see it die just so they'd stop talking about it. And I think anyone who is intelligent would have long since taken their money out.


Off topic but following up from above mention:
Yes, 2 trains traveling about 100km each collided in Puglia. In that tract , there is only one track. Normally one of the trains has to wait until the other makes its way to the station. For some reason not understood yet, neither train followed its regular protocols. On last count, 23 dead, 56 injured.

[ThePythonicCow]

Posted by MorningSong (here)
Hello all. I am in Italy and I have not heard one word on any of the news channels or sites about a "run on the banks" nor of any ATMs being emptied by hoards of fearful peeps.

Thanks - I was hoping that someone "on location" would report in.

[TODD & NORA]

..........

[ThePythonicCow]

Posted by Paul (here)
Miles Mathis, whose articles I linked above, has been documenting deep connections between some elite who have Jewish ancestry, and those who over threw the Czar and perpetrated the Communist revolution in Russia, in the early 1990's. See for example Miles most recent paper, as of the time I write this Vladimir Lenin is Another Fake (pdf) . Perhaps, speculating now, there are similar connections with the Chinese revolution and subsequent economic transformation.

Here is a far deeper examination of Jews in Russia in the last two centuries: Two Hundred Years Together (Complete Edition in 2 Volumes), by Alexander Solzhenitsyn [in Russian].

Solzhenitsyn, who is Russian and who won a Nobel Price for Literature, is one of a handful of authors who might be called the greatest author in the 20-th century. This work was his crowning achievement, on which he spent over 10 years near the end of his 90 years of extraordinary productivity.

Unfortunately, the work exists in its full form only in Russian, with somewhat limited translations in French and German, and only incomplete English translations of poor quality available on the Internet. No English publishing house who might seek to avoid the wrath of Jewish interests will touch this book with a barge pole. I found one such incomplete English translation at http://www.radicalpress.com/wp-conte...s-Together.pdf, which I have made a copy of on my server, at 200 Years Together, by Aleksandr Solzhenitsyn - A History of the Russians and the Jews - A Simplified Partial English Reading Copy (pdf).

Immigrants to Russia of Jewish blood and their descendants have had a complex and pervasive influence on Russia these last two centuries.

The current situation is (no doubt deliberately) obfuscated, but my reading of various conspiracy theory websites of sometimes dubious, sometimes excellent, trustworthiness suggests to me that the Russian financial interests are well in the control of Dmitry Medvedev, who is rather likely of Jewish descent, while the Russian political and military interests are famously in the control of Putin, who either is also of Jewish descent, or at least quite supportive of their interests.

Of course, I must repeat my usual disclaimer. Ordinary humans are not inherently evil. We have our complex flaws, and often are of limited or confused awareness, but for the most part people of all races, religions, nationalities, cultures, ... are good people, of great potential. However more or less all the races, religions, nationalities, cultures, institutions, corporations, or other such groups that get the blame for any of the massive evil deeds seen too often on this planet, have had their control and leadership taken over by some Satanically evil force, that seems to take great delight in getting us ordinary humans at each others throats, and in grave peril. This is true for Communists, Jews, Germans, Japanese, Americans, Russians, Chinese, Nazis, Fascists, ... all of whom at one time or another have been led down some very evil paths.

In short, you can tell where the hidden hand of the evil forces has gained the upper hand by looking for which races, religions, nationalities, or cultures are getting the blame/credit for the most evil, genocidal, fraudulent, depraved deeds.

Wherever you smell that stink, the dark side has gained substantial power over the political, legal, financial, economic, news media, educational, military, medical, energy, etc ... institutions and their (ostensible) leadership.

Furthermore, when you see such a "bad" race, religion, nationality, or culture, then there's a good chance that whatever powerful nation or group is the "good" group opposing them is also controlled by the same hidden hand, in another classic replay of a Punch and Judy puppet show.

I conclude that it is quite likely that the upcoming Global Monetary Reset has been engineered to include major conflicts between

• Jews, Christians and Muslims,
• the West (NATO, USA, EU, ...) and the East (Russia, China, BRICS),
• Israel and its neighbors, and
• US Petro-Narco-Dollar versus Asian (e.g. - SCO) financial interests.

The hidden hand of the dark side appears to be up to its usual trick of playing both (in this case, all) sides against each other.

As I conclude in another recent thread of mine, the next world money will NOT be gold backed.. Rather it will be debt-money, lent into existence by the Banksters, as the current US Petro-Narco-Dollar is created. Chapters 4 and 5 of Joseph Plummer's wonderful work Tragedy and Hope 101: The Illusion of Justice, Freedom, and Democracy explains the importance of debt-money to controlling human civilization. These chapters are available for free at Plummer's website: http://joeplummer.com/tragedy-and-hope-made-easy.html

[ZenBaller]

Two more days for July to pass and here in Greece we are still in abundance and prosperity No default yet. Pity to see one more "prophecy" going down.

[ThePythonicCow]

Posted by ZenBaller (here)
Two more days for July to pass and here in Greece we still in abundance and prosperity No default yet. Pity to see one more "prophecy" going down.

Yup - my prophecy record sucks .

[ThePythonicCow]

Posted by Paul (here)
Let me offer a clarification of my take on this step of Ken's forecast. After thinking about it for a couple of days, and after continuing to listen to Jim Willie of the http://GoldenJackass.com, I suspect that there are other possible triggers for this second stage of the collapse.

Possible triggers for a major European financial collapse include:

• Greece defaulting, as Ken predicted.
• Deutsche Bank failing, outright.
• Some major Italian banks failing, in turn causing Deutsche Bank to fail.

Posted by Paul (here)
Yup - my prophecy record sucks .

Apparently it isn't time to trigger a major European financial crisis. It was announced Friday after the close that the third largest Italian bank, Monte dei Paschi, which is the oldest lending bank on the planet, dramatically failed European regulators’ stress tests. However Monte dei Paschi was rescued (more capital provided, to avoid serious risk of imminent failure) by a five Billion Euro package, put together by a consortium of banks led by JP Morgan and Italian lender Mediobanca.

Here's hoping that my prophecy record continues to suck, regarding the Olympics in Rio.

[ThePythonicCow]

Posted by Paul (here)

Posted by naste.de.lumina (here)
The sacrifice comes after the ritual - 11 days later - 06/12/2016 - Orlando nightclub shooting

Hmm ... the opening ceremony of the Rio Olympics is on August 3, and 11 days later would be Sunday, August 14. I imagine that television audience in the Western hemisphere for the Olympics will be quite high that Sunday afternoon and evening. Seems like a good time to be somewhere else.

Ken, over at RedefiningGod.com, repeats his prediction of a major terrorist event in Rio. Search for the phrases "The most likely date of the attack" or "Sunday, August 14" on http://redefininggod.com/2016/07/you...nd-global-911/. He too figures that August 14, 2016, is the most likely date of the attack.

[ThePythonicCow]

Good grief - putting my reasons for focusing on August 14 along with Ken's reasons (see link in previous post), we have:

• The 14th is 11 days after the Olympics opening ceremony/ritual on 3 August, and naste.de.lumina observed that "the sacrifice" comes 11 days after "the ritual", by some numerology.
• I figured that television viewing audience would be at a peak on the afternoon and evening of Sunday, August 14, the last Sunday within the timespan of the Olympics.
• [From Ken] 8 – 14 – 20 – 16 was the date encoded on the mysterious cube that was found on the Georgia Guidestones in September of 2014.
• [From Ken] August 14, 2016 is a special date in the Jewish calendar, Tisha B’Av, which relates to great catastrophes in Jewish history.
• [From Ken] August 14, 2016 falls in the date range (Aug 13-19) of a special appearance of all five visible planets.
• [From Ken] August 14, 2016 falls on a Sunday, so Rio’s churches will be packed with sheep for slaughter.

[ThePythonicCow]

Avalon member PRAY PEACE expects "ground zero" to be in California, not (or in addition to?) Rio: Farsight Institute - August RV results - Post #59.

[TODD & NORA]

..........

[ThePythonicCow]

Posted by PRAY PEACE (here)
War will provide ample jobs next year, thanks to Putin.

Thanks for the detailed update, PRAY PEACE.

I would suggest that Putin doesn't deserve all the credit for what war might come ... some in the Anglo-American empire have been actively stirring up hostilities as well.

But that's a bit of a detail. Which way the wind blows, headwind or tailwind, depends on which way you're standing, and typhoons suck (or, er eh, blow) either way.

[mgray]

Hey Paul, dial it back a little bit, unless you are auditioning for a doomsday radio show.

"Sheeple in church"? Really. Take a breath.

[3(C)+me]

Please, please, please, leave California out of the Doom and gloom stuff.
We have enough problems of our own and I am not available for a earthquake over 7.00.
This Summer is already kinda wonky, weird sh#t but really do we need anymore of this stuff?
Paul, I hope your predictions are, as you say, never good. let's keep it that way.

My prediction: after the elections, everything is going to blow. It will start in the US and travel far and wide.

[ThePythonicCow]

Posted by mgray (here)
Hey Paul, dial it back a little bit, unless you are auditioning for a doomsday radio show.

"Sheeple in church"? Really. Take a breath.

... well, a weak defense ... the churches packed with sheep phrase was Ken's phrase (Ken of RedefiningGod.com), not mine.

But I did quote his words, as worth our consideration.

Yes - I do alarm on more potential problems than actually occur. My "doom & gloom" tendencies are a bit of a standing joke in parts of my extended family.

Even the Greek default I forecast for July, the first of the three items in this thread's title, didn't happen. It is now August, everywhere on the planet (that uses the Western calendar.) No major bank, in Greece, or anywhere else on the planet, has defaulted ... yet.

On the other hand, I remain convinced that we (humanity) are headed towards dramatically more serious chaos, crashes, collapse and conflict in the coming year or two than you might be anticipating.

We shall see... . We both hope you're right.

[Bob]

Posted by Paul (here)
Avalon member PRAY PEACE expects "ground zero" to be in California, not (or in addition to?) Rio: Farsight Institute - August RV results - Post #59.

Thanks RedStar and Thanks Paul

Notwithstanding the "complaints" about locals being annoyed that interpretation says "California" - I don't see the military base 'cept maybe for Vandenberg AFB. Over and over it seems to show up as Cheyenne mountain, Colorado as ground zero. No doubt 'Norad' being hit would be kinda ironic as 'Space Command' is there who is supposed to watch for "incoming" whatevers.. I asked an independent to try a map of debris field (airburst plus ground hit(s) ) and they came up with this - the PINK shows the potential ground track.. The other image shows damage from "air-burst". They were not prep'd with reading the 'RV prediction(s)', nor did they see air burst image; they tracked out ground burst based on a "future track" suggestion to "VIEW any Asteroid Strikes in the Colorado Springs Area"..

Although changing "focus" can sway the group 'vibe' to alter a "target" zone.. if there is sufficient 'out-reality' (non-congruence with potential quantum is-ness) a "sway" attempt to remove the quantum data of the original target really can't happen. Meaning slight deviations have a better potential for alteration of quantum outcome, than gross "far out" alterations. I'm sure nobody has any clue what I am talking about