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