The Economic Indicators Are Pointing Towards A Depression:Michael Snyder (Video)

The Economic Indicators Are Pointing Towards A Depression:Michael Snyder Video

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No one, not even the money masters, can predict the future and no one can predict the market. The money printers can create currency to whitewash a situation like DB, however, they can not whitewash the derivatives market that is the underpinning of these too big to jail banks. $47 trillion at DB alone, another $70+ trillion at JPMorgan and that’s just two. The opaque derivatives market is the problem. Once something gets moving through this market it will be almost impossible to stop. The daisy-chain of interconnectedness is on such a scale that a handful of derivatives could set the banking system ablaze. When you are talking about $700+ trillion of “financial instruments” going belly up the whole world has a problem.

Now is the time to either redouble your prepping efforts or make a serious dedication to getting your preps in order. Ukraine, Syria, Libya, Afghanistan, South China Sea and these are the just the ongoing military wars. This is to say nothing of the currency wars and now we have BREXIT and the Euro currency is in question. If the European Union breaks apart, and it looks like it may, the Euro currency (the second most used currency in the world) will vanish.

The banking cabal has been in charge for far too long. The endless ponzi schemes like QE, ZIRP and the US dollar itself. The world reserve currency is the US dollar and this has allowed the US Treasury, in conjunction with the Federal Reserve, to export our inflation to other countries around the world. The federal government, in conjunction with Wall Street banksters, have hijacked our country our economy and our financial system. The current system only benefits those at the very top and nothing is left over for the remaining 99.99% of the people.

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Dave’s Bio: I am 49 years old and I have children. I lived in NY and I was there for 911 and the North East blackout. I lost my job in 2008 and was laid off. Since 2008 I have been prepping. My wife, kids and I try to eat organic and we try to avoid all chemicals in foods. We make our own bread, food and pizza from scratch. I have a technology background and have worked for large financial institutions. My main job was securing the systems from viruses and hackers and maintaining the trading systems so the money flowed from system to system. I have tried talking to friends and relatives about what was going on but every time I talked about the government, FED and the economic collapse they looked at me like I was crazy. I decided to start a website and broadcast to the world what was going on. I didn’t really think that anyone would really listen to what I was saying when I started it was just a way to get the word out and get it off my chest. I realized as the cost of everything continually increases it is getting harder and harder to live the life of my parents and grandparents. I realized if we all don’t do something our children will not have the opportunities and freedoms the way the founding fathers envisioned.