(GeraldCelente) – What 80 percent of economists call “Recovery” is a “Cover up”. Trillions in losses papered over with trillions of phantom dollars printed out of thin air and backed by nothing produce nothing except the mirage of recovery. The dollar’s dive and gold’s historic high is no mirage. Gold doesn’t lie. Continue reading
Tag Archives: economic collapse
MSM: A year after financial crisis, the consumer economy is dead
WASHINGTON — One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and something new is rising from its ashes.
Historians will look to September 2008 as a watershed for the U.S. economy.
Racketeering 101: Bailed Out Banks Threaten Systemic Collapse If Fed Discloses Information
And so the guns come out blazing. The Clearing House Association, another name for all the banks that were bailed out over the past year with the generous contributions from all of you, dear taxpayers, are now threatening with another instance of complete systemic collapse if Bloomberg’s lawsuit is allowed to proceed unchallenged, let alone if any of the “Audit The Fed” measures are actually implemented. Continue reading
Video: Dollar Collapse Beginning Now?
A fundamental change is taking place in the markets which has signaled doom for the dollar. This week the Dow, Long term treasuries and the dollar all went down at the same time. Continue reading
Video: Dear Glenn Beck, Detention Camps DO Exist In America
Why would anyone give credibility to an investigation by a man who just one year ago called for the suspension of the First Amendment? Continue reading
Latvian government falls
The Latvian prime minister and his government have resigned amid growing political and economic strife in the Baltic country. Continue reading
Video: ‘Worst economic collapse ever’ – Gerald Celente
In 2009 were going to see the worst economic collapse ever, the Greatest Depression, says Gerald Celente, U.S. trend forecaster. He believes its going to be very violent in the U.S., including there being a tax revolt. Continue reading
MSM: Bond market calls Fed’s bluff as global economy falls apart
Global bond markets are calling the bluff of the US Federal Reserve. Continue reading
Video: Peter Schiff – Obamanomics = Food Lines
Peter Schif on Fox Business News With Liz Claman. Continue reading
Bailouts A Complete Fraud Against US Workers
A recent Associated Press news release exposed U.S. banks accepting billions in bailout money along with major corporations. Banks defraud American taxpayers by hiring thousands of foreign workers in place of our citizens. Continue reading
Bullets, Beans and Buckshot
The 3 “B”s. You are going to need bullets to survive. As the dollar collapses and unemployment soars, the steely eye Zombies will be coming to rob, rape and pillage what you have. You are going to need bullets for hunting as you run your trap and snare line. This is called opportunity hunting. You take advantage of any animal you see and add it to the cooking pot. Your wife or girlfriend should have basic knowledge of shooting and loading all the guns in your house. Continue reading
The Ugly Truth: America’s Economy is Not Coming Back
President Barack Obama and his economic team are being careful to couch all their talk about economic stimulus programs and bank bailout programs in warnings that the economic downturn is serious and that it will take considerable time to bounce back. Continue reading
Video: I.O.U.S.A. – Byte-Sized – The 30 Minute Version
By now, you may have heard about our acclaimed documentary I.O.U.S.A., a film that boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. The film has been a huge hit, getting rave reviews from Roger Ebert and others.
Now, we proudly release a 30-minute condensed version of I.O.U.S.A. designed specifically for watching and sharing on the web – for free. Continue reading
Video: Alex Jones Was Right About Economic Collapse
In September of 2008, nationally syndicated radio talk show host and filmmaker Alex Jones told George Noory’s Coast to Coast radio audience that he had disclosed information in 2006 indicating the international banking elite would engineer a crash of the economy, a process now well underway.
Moles inside the 2006 Bilderberg meeting in Ottawa, Canada, revealed to Jones a secret plan contrived by the global elite to “artificially implode the subprime mortgages as a pretext to cause a larger economic collapse so they could basically pose as the saviors and then rewrite the financial international order” and establish a New World Order, as admitted by the Wall Street Journal (see David Gaffen, One Week Later, a New World Order). Continue reading
MSM: Alcoa to slash 13,500 jobs and cut production
NEW YORK (Reuters) – Aluminum producer Alcoa Inc said on Tuesday it will curtail production and cut some 13,500 jobs, or 13 percent of its global work force, to save cash and reduce costs in the current economic downturn.
The company said it was reducing its smelting output by 750,000 tonnes per year, which is approximately 18 percent of total primary aluminum output, and selling four non-core businesses.
Video: Dr. Paul’s Comments on Market Intervention 1/5/2009 – CSPAN
1/5/2009 C-SPAN Ron Paul has his say at the House Financial Services Committee regarding the irrelevant SEC, Congress and the Madeoff and US Government Ponzi schemes. Continue reading
MSM: More economic pain seen in 2009
SINGAPORE (Reuters) – Many investors said good riddance on Wednesday to one of the worst years on record and prayed that government rescue plans will pull the global economy out of its fierce tailspin later in the new year.
More pain is expected in the near-term as bleak economic reports roll in, flagging more bankruptcies, bad debts and layoffs through at least early 2009, and more sleepless nights for everyone from central bankers to consumers struggling to pay off mortgages and credit card bills.
From The “Panic” Of 2008 To The “Collapse” Of 2009
Top trends forecaster gives chilling prediction for next year
The country’s top trends forecaster, who accurately predicted the “panic” of 2008 nearly a year before it unfolded, is now ominously suggesting that next year will come to be known as “the collapse of 2009″.
Gerald Celente, CEO of Trends Research Institute, sent out a letter to his subscribers announcing that he had purchased a domain name called “Collapseof09.com”. Continue reading
FEMA sources confirm coming martial law
WMR has learned from knowledgeable Federal Emergency Management Agency (FEMA) sources that the Bush administration is putting the final touches on a plan that would see martial law declared in the United States with various scenarios anticipated as triggers. The triggers include a continuing economic collapse with massive social unrest, bank closures resulting in violence against financial institutions, and another fraudulent presidential election that would result in rioting in major cities and campuses around the country. Continue reading
Video: Alex Jones on Coast To Coast AM “The Final Countdown”
MSM: Fed sharply lowers forecasts, hints of rate cut
WASHINGTON (AP) — The Federal Reserve on Wednesday sharply lowered its projections for economic activity this year and next, and signaled that additional interest rate reductions may be needed to help combat the worst financial crisis to jolt the country in more than a half-century.
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Economic collapse: important upcoming dates
The engineers of the economic collapse aren’t finished with you yet. There is still a lot of work that needs to be done to scare you into agreeing to more outright theft of your sovereignty, freedom and wealth. Continue reading
Who are the Architects of Economic Collapse?
Will an Obama Administration Reverse the Tide?
Most Serious Economic Crisis in Modern History
The October 2008 financial meltdown is not the result of a cyclical economic phenomenon. It is the deliberate result of US government policy instrumented through the Treasury and the US Federal Reserve Board. Continue reading
The Economy Collapses: Depository Trust & Clearing Corporation (DTCC) Obfuscates Seriousness of Crisis
Today heralded the long awaited release of figures compiled by the Depository Trust & Clearing Corporation. The latter is controlled by Banks amongst which are JP Morgan and Goldman Sachs.
From their Article.. Continue reading
MSM: Futures Volatile After Durable Goods, Earnings
Stock futures were volatile Wednesday morning and now were pointing toward a flat open after investors got a better-than-expected report on durable goods.
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MSM: World Markets Slide Further; Japan’s Nikkei Hits 26-Year Low
HONG KONG — World markets resumed their slide Monday, with Japan’s Nikkei stock index falling to a 26-year low, as government rescue measures failed to ease fears of a prolonged global recession.
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MSM: Gasoline Prices in Steepest Plunge Ever
CAMARILLO, Calif. — The average retail price for a gallon of gasoline in the United States plunged more steeply than ever over the last two weeks as the economic slowdown weighed on crude oil and drove consumers off of the roads, according to the latest nationwide Lundberg survey.
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Video: The Economy
I urge you to go to the above link and convert US Dollars into Euros. You will be alarmed to see where our dollar stands in the global marketplace.
On a personal note, I have been getting hundreds of emails recently asking advice about economic issues facing us all today, and what should be done right now with personal assets and investments. This is a very difficult question to ask at any time, but right now with the current economic situation we find ourselves in, these are especially difficult questions to answer. The problem I personally have in speaking the truth is that it feels so damn un-American to say what has to be said. First of all, in my opinion and others, the U.S. Economy is finished and will crash between September 2008 and mid 2009. Continue reading
The October Surprise: Global Panic
Since 9/11, the notion of an October surprise has been around. The idea going something like this. Another real or manufactured terror attack. The dominant media stokes fear. The public is again traumatized. The Bush administration pledges all effective measures to protect national security. Formerly seizes total power. Suspends the Constitution and declares martial law. Mass detentions follow. Beginning with dissenters and elements of the public considered “dangerous.”
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Video: MSM – Peter Schiff on Glenn Beck ‘Dollar Collapse’
Peter Schiff on Glenn Beck speaks of America’s ongoing economic collapse. Get out of the dollar while you still can.
FEMA sources confirm coming martial law
Wayne Madsen
WMR
October 8, 2008
WMR has learned from knowledgeable Federal Emergency Management Agency (FEMA) sources that the Bush administration is putting the final touches on a plan that would see martial law declared in the United States with various scenarios anticipated as triggers. The triggers include a continuing economic collapse with massive social unrest, bank closures resulting in violence against financial institutions, and another fraudulent presidential election that would result in rioting in major cities and campuses around the country. Continue reading
Down the Road to Serfdom
06/10/08 “Anti War” — -Threatening an imminent economic collapse, Treasury Secretary Hank Paulson and Fed Chairman Ben Bernanke have bamboozled Congress into enacting the most brazen confiscatory scheme ever concocted by government. The scheme would have American taxpayers fork over $700 billion of their cash to help recapitalize some of the country’s biggest banks – the same banks that recently larded their bigwigs with $62 billion in bonuses. Continue reading
Protocols for Economic Collapse In America
“Everybody knows that the dice are loaded. Everybody rolls with their fingers crossed. Everybody knows the war is over. Everybody knows the good guys lost. Everybody knows the fight was fixed. The poor stay poor, the rich get rich. That’s how it goes, Everybody knows” -Leonard Cohen
And this is how the U.S. Treasury would handle an economic collapse. It’s called the 6900 series of protocols. It would start with declaring a force majeure, which would immediately be interpreted by the marketplaces as a de facto repudiation of debt. Then the SEC and the various regulatory exchanges would anticipate the market’s decline, hour by hour — when Japan’s markets opened the next day, what would happen when the European markets, and all the inter- linkages of the global markets. On the second day, US Special Forces would be dropped in by parachute in the cities where the twelve Federal Reserve district banks are located. Continue reading
MSM: Bailout failure ‘will cause US crash’
The US stock market could suffer a devastating crash with shares losing a third of their value this week if Hank Paulson’s financial bailout plan fails, US Treasury officials have warned.
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No Bailout for Wall Street – Chuck Baldwin
At the time of this writing, the U.S. House and Senate are poised to pass a $700 billion bailout to Wall Street. At the behest of President George W. Bush, the U.S. taxpayers are going to be on the hook for what can only be referred to as the biggest fraud in U.S. history. Continue reading
Video: Ralph Nader On Israel And The Lobby(updated)
Pt 1 of 2 Continue reading
Video: Ron Paul says it’s time to end the empire
Paul Jay, from the ‘Real News Network,’ interviews Ron Paul from the “Rally for the Republic” Continue reading
Wag the Dog: How to Conceal Massive Economic Collapse
Last week, Fannie Mae and Freddie Mac had just announced record losses, and so had most reporting corporations. Unemployment was mounting, the foreclosure crisis was deepening, state budgets were in shambles, and massive bailouts were everywhere. Continue reading
As America Collapses US Government Secret Plans Revealed
A secret meeting of Congress discusses immanent martial law. Continue reading