THE GREAT AWAKENING: Alternative News, Health and other interesting readings for those who want to wake up. If you want to change the world, be the Change. "I can't change the direction of the wind, but I can adjust my sails to always reach my destination". Jimmy Dean
Financial writer and precious metals expert Bill Holter has long predicted the bloated indebted financial system, at some point, was going to go down. According to Holter, the wait is over, and he says, “It’s imploding now. When will it fully go down? It could be few days a few weeks or maybe a few months, but the system is coming down now. ”
It looks like we are on track for yet another global financial meltdown. This time it is coming out of China in the form of a failed property development company called Evergrande. It’s five times bigger than Lehman Brothers, whose failure cratered the global economy in 2008. Will central banks, including the Fed, just let it all fail or will they print massive amounts of money trying to stop the fall?
Financial writer, market analyst and precious metals expert Craig Hemke says the Fed has all but said it was going to delay the so-called “taper” of easy money policies–forever. This is why gold and silver spiked as the dollar tanked on Friday. Hemke contends,
Economic analyst and financial writer David Morgan says, at some point in the not-so-distant future, the world is going to have another banking crisis. Morgan contends in the next financial crisis, the banks are going to take depositors’ money in what is called a “bail-in.” Morgan explains,…
Economist John Williams, founder of ShadowStats.com, says the economy is much weaker than it appears. Williams cuts through the phony gimmicked government numbers to give a true economic picture. His analysis shows the economy is already slowing down anew. This is why the Fed just announced it will not be ending the massive money printing and start the so-called “taper” anytime soon.
Analyst, financial writer and professional trader Rick Ackerman points out that you cannot underestimate the extreme amount of debt and money printing propping up the economy. Ackerman thinks, “It’s an inflationary bubble, and that’s why I think it’s going to bust. I think it’s going to last as long as the bull market lasts. . . . Companies go out and borrow money to buy back their own shares. It feels like a perpetual motion as far as a bull market in stocks, but even that ends. It’s created a bubble, and bubbles only pop.”
Renowned geopolitical and financial cycle expert Charles Nenner made a huge call at the end of January 2020. Nenner said, “I am more worried about the market going down 40% than making 5% more on the upside.” The market topped a few weeks later (2% higher) and then plunged 38% for the next several weeks. Spot on call. Nenner also said he was “more worried about domestic civil unrest than war in a foreign land.”
Precious metals expert and financial writer Bill Holter has been predicting the financial system is going to go down sooner than later. He says the signs are the lies being told to the public to try to hold the system together. Holter explains, “If you look at everything, nothing is natural. Everything is contrived. We are lied to about pretty much everything 24/7. . . . They lied about everything regarding Covid. They have lied about the election. They are lying about the unemployment rate. They are lying about inflation. They are lying about the true amount of total debt outstanding. They are lying about everything. And one other tidbit, 36% of all dollars outstanding have been created now, were created in the last 12 months. Oh, and the Fed is no longer going to publish M2. . . . How can you make a business decision if you don’t know how much money is outstanding?”
Nick Barisheff, CEO of Bullion Management Group (BMG), is seeing an explosion of money printing in America and around the world. Barisheff wrote a book in 2013 that predicted “$10,000 Gold” (per ounce).
Michigan State Economics Professor Mark Skidmore revealed three years ago there was $21 trillion in what he called “Missing Money” from the Department of Defense (DOD) and Housing and Urban Development (HUD). To hide what was going on with the federal books, Congress made all government accounting a national security issue, making it impossible to get real accounting of money “We the People” pay in taxes.