We are on the verge of another recession. So says Shadow Stats economist John Williams, who warns that by the end of July it will become apparent to all Americans. That’s when the government will release its latest GDP economic figures and according to Williams those numbers, combined with revisions for the first quarter of 2014, will show negative economic growth for a second quarter in a row, the official definition for recession. In an interview with Greg Hunter’s USA Watchdog, Williams explains that it all boils down to one critical...
The Recession Is Coming: Economist Warns It’s Beyond Control: “I Don’t See What Will Save It At This Point”
If you’ve watched a documentary about America’s economic situation in recent years there is a strong chance it was produced by Daniel Ameduri of Future Money Trends. He’s covered topics that include everything from the massive college debt bubble and the future of real estate, to water wars and what it will look like on the day the U.S. dollar finally crashes. In the following interview Daniel shares a wealth of knowledge and takes a practical approach for how to thrive personally and financially during an economic collapse. This is a must-watch...
Is China starting to implode financially as well? If so, what will this mean for the U.S.? From the FT: Hundreds of depositors have raced to pull their cash from a small rural bank in eastern China, forcing local officials to take emergency measures to calm the panic after the bank run began to spread. …But it has also been a localised event, contained to one farming county where lightly regulated credit co-operatives and loan guarantee companies failed this year after mismanaging funds. …With the panic reaching other branches of the bank,...
Yesterday Secretary of State and flip-flopper extraordinaire John Kerry advised Russia that Vladimir Putin has until Monday to pull back his forces from Ukraine. Failure to do so would lead to serious repercussions. Kerry was light on details, but we can assume he was talking about some sort of economic sanctions:
In 2012 an elite insider claimed that on or around March 4, 2014 the doomsday clock would ring, the effect of which would be a complete collapse of the U.S. economy. How former Vice Presidential adviser Grady Means came to this conclusion with a specific target date may forever remain clouded in secrecy. But given the state of current affairs around the world today, one can’t help but consider that maybe Grady Means was on to something. With the fight over political and resource control in the Ukraine heating up, is it possible the Means was...
Editor’s note: While this is a very long article, we had to take it in its entirety as it has disappeared from many sources. It seems the powers that be keep removing it. Why? Terry Burnham, former Harvard economics professor, author of “Mean Genes” and“Mean Markets and Lizard Brains,” provocative poster on this page and long-timecritic of the Federal Reserve, argues that the Fed’s efforts to strengthen America’s banks have perversely weakened them. Last week I had over $1,000,000 in a checking account at Bank of America....
It’s not everyday you hear a Wall Street adviser telling America to start packing heat in preparation for whats coming, but that’s exactly what David John Marotta says you should be doing. Marotta says that at all times you should have a “bug-out bag” that includes food, a gun and ammo to help stay alive. This bag should have you prepared for at least 72 hours.