Alternative News/Independence News & Spiritual/Channeled Messages: All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. – Arthur Schopenhauer. If you want to change the World for the better begin with Yourself – Divided, we are weak, United, we are Strong – Love yourself and you can love Others – If you want peace bring peace Within. /TheLightHasWon
Money manager Michael Pento says forget about the sky high stock market because everything is being propped up with massive global money printing. Pento explains, “Let’s look at the facts. Global debt has now risen above $250 trillion. Let that sink in for a second, and it is a record percentage, 330% of GDP. So, we have never seen debt like this before in nominal terms. Even as a percentage of the phony GDP that is engendered by free money, it is at a record. So, the central bankers have realized that they are trapped. There is no escape from global massive debt monetization. . . . We have China, Japan, Europe . . . and even our Federal Reserve is back in QE. We have a standing repo facility. We could only raise rates to 1.5%, and we are headed back to 0%. So, the only way this massive pile of debt is able to be serviced, even on the margins, is when money is free and central banks continually debase currency.” →
Financial writer and professional trader Rick Ackerman says don’t expect a replay of the 2008-2009 financial crisis where the Federal Reserve bailed out almost everything in sight. Ackerman explains, “It ended up Lehman Brothers went under, and they needed a couple of sacrificial lambs, along with Bear Stearns. It could have just as easily been, and it might be the next time, Goldman Sachs. So, in that way, the Fed is kind of out of bailout bullets. We’ve already been through a bailout where it took a big hunk of the financial system. Each one takes more bailing out to get to that critical threshold of credibility where the bailout itself works.” →
Global debt has hit 246 trillion which is 320% of GDP. The [CB] is collapsing under its own wait. Debt is not the answer, the [CB] is not the answer which is based on debt. Debt does not help the people, it smothers the people’s ability to succeed. Christine LaGarde resigns from the IMF in the hopes that she gets the job at the ECB. [CB] changing of the guard, partriots move coming soon.
Russia shifts from USD to Yuan, Debt Reset has begun, All the kings horses and all the kings men cannot stop the debt reset process! Every country in the world has a big pile of steaming debt that is not going to get paid back.
Lack of logical foundation President Richard M. Nixon announced on August 15, 1971, that the U.S. would no longer officially exchange dollars for gold and many are still referring to that decision as one of the biggest mistakes ever. Nixon, for one, thought gold-price stability was bogus. It has since become clear why he went…Read more & video