Gerald Celente-The Plan Has Been Revealed And Everyone Needs To Brace For The Impact – The Collapse Has Already Begun. Watch Out For China!
Gerald Celente-The Plan Has Been Revealed And Everyone Needs To Brace For The Impact – The Collapse Has Already Begun. Watch Out For China!
Sunday, August 25, 2019 9:04
Despite constant reassurances from federal overseers, Americans are becoming increasingly aware of the economy’s frail nature.
While media pundits and analysts desperately push the failure of central planning and Keynesian economics, continue to be proven right on the dangers of reckless spending and debt.
Here are five renowned experts who warned of the now-present, slow-motion financial collapse. With currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame. If we all talk about the end game and a scenario of total collapse, I can see the governments telling everybody that your money is now worthless and the bonds you own are now worthless. You all have to take a haircut.
Paul Craig Roberts : Trump acting like a Dictator
Paul Craig Roberts, who was Assistant Secretary of the US Treasury Department under former President Ronald Reagan said in a phone interview with Press TV on Saturday regarding Trump’s Tariffs and the ongoing trade war with China : The Problem is not China but the american Corporations . “Perhaps President Trump has finally realized that the problem is not really China sending Chinese goods to the United States, but the American global corporations who have moved offshore their production for American markets,” said Roberts. “So that the goods and services sold to Americans are no longer produced by American workforce, but produced overseas in order to increase the profits of the American global corporations,” he added.
“This is the point that I’ve been emphasizing for many years and apparently its now penetrated the White House,” said Roberts, a promoter of supply-side economics and an opponent of recent US foreign policy. Trump on Friday announced his will increase tariffs on Chinese imports in response to China’s announcement of new tariffs on American imports and ordered US companies to leave the country. Trump cannot legally compel US companies to abandon China immediately. He gave no detail on how he might proceed with any such order. The order came after China announced earlier on Friday it would impose new tariffs on US soybeans, lobsters, peanut butter and other imports worth $75 billion in retaliation for Washington’s latest round of punitive duties that take effect in two rounds, September 1 and December 15. The United States will raise existing tariffs on $250 billion in Chinese imports to 30 percent from 25 percent, beginning on October 1, Trump said on Twitter Friday.
He added that the duties on another $300 billion in Chinese products, set to take effect on September 1, will be increased by 5 percent, reaching 15 percent. Experts said tax policy changes and sanctions could be used to restrict or reduce US business activity in China, but it would take years to disentangle the world’s two largest economies. Trump is becoming sort of a partial dictator who rules by executive order , this trends started even before Trump Paul Craig Roberts explains . He is using these powers that George W. Bush and Obama created . Trump could simply declare a national emergency . Trump asserted on Saturday that he has the authority to make good on his threat to force all American businesses to leave China, citing the International Emergency Economic Powers Act of 1977. As he arrived in France for the annual G7 summit, Trump posted a message on Twitter, citing a national security law. “For all of the Fake News Reporters that don’t have a clue as to what the law is relative to Presidential powers, China, etc., try looking at the Emergency Economic Powers Act of 1977,” Trump wrote. “Case closed!”
Kyle Bass & Jim Chanos — Chinese Economy Collapse 2019 – Stock Market Crash .
Disrupting the Global Economy James Chanos and Kyle Bass speak with Bethany McLean at Vanity Fair’s New Establishment Summit on the global economy and stock markets.Is China in a economic Bubble? Jim Chanos and Kyle Bass reply .
Since no bank will survive in its present form, people need to think seriously about whether they should lend the bank any money. Bail-ins will certainly be back. Personally, if I gave the bank my money, I would ask for collateral in physical gold. With bank leverage of 10 to 50 times, how can anyone deposit money with them without taking security?
With the current state of most banks’ loan portfolios, no bank would stand today if they had to provide properly for all non performing loans. When credit losses increase, central banks will crank up the printing presses once again, but this time it will have no effect. You can’t solve a debt problem with more debt.
In any case, the world financial system has now has a serious disease that can never be cured. Rather than adding fuel to the fire, the only solution is to let the fire burn the whole system to the ground. That will get rid of all debt and that is the only way to clean up the gargantuan mess that governments and bankers have created in the last hundred years. Let the sick forest burn down so that fresh and strong new shoots can develop. The problem, however, is that when the debt implodes, so will all the assets that were inflated by this debt. That is why within the
This Is What You Must Do To Survive What Is Coming
So let’s come back to the silver lining and end on a positive note. In every crisis there is opportunity. The Greek word for crisis means to separate or sift and only keep what is worthwhile. And this is what the investors who want to survive the coming crisis must do. Get rid of all bubble assets and buy hard assets.
The controlled media tells us that it is a symptom of corporate greed and an accidental occurrence. The truth is that recently released central bank cartel documents show that the entire global financial melt-down in a purposefully engineered consolidation. The following is a transcript of an interview with award-winning investigative journalist Greg Palast in which Palast blows the IMF World Bank program of slavery wide open.
AJ: Burrow into NM Rothschild, you’ll find it all there. Go through these four points. You’ve got the documents. The IMF/World Bank implosion, four points, how they bring down a country and destroy the resources of the people. The US government has run up trillions of dollars in debt, and given the recent debates over the country’s debt ceiling, we can rest assured that neither Congress or the President will act to curtail spending and balance the budget. We will continue adding trillions of dollars to the national debt clock until such time that our creditors no longer lend us money. Lindsey Williams prediction prepper total collapse coast to coast am sheep sheeple ghost town hyperinflationary environment developing major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar.
Travel Restrictions.
This will begin with restrictions on foreign travel, including suspension/removal of passports Confiscation of wealth. The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. Food Shortages Riots. These will likely happen spontaneously due to the above conditions, but if not, governments will create them to justify their desire for greater control of the masses. . The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA)
Long-term food supplies, barterable goods, monetary goods, armaments and having a well thought out preparedness plan The United States and Germany are prepared to engineer a coup in Greece to keep the country operating as a strategic asset on NATO’s vulnerable southeast European flank. Greek Military is an Operation Gladio Asset The wild breakout in German yields is rocking global debt markets, and giving investors an early glimpse of the uneasy future for bonds in a world of higher interest rates.
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