Upcoming Great Depression Followed By 25 Year Recession???

http://moneymorning.com/jim-rickards-coming-great-depression/

A really well written article IMO.
Jim Rickards helped the CIA with insider trading prior to 9/11.
Seems qualified enough to at least hear him out.

The chart showing the amount of money printed since 2008 is staggering.
Penny for your thoughts?

 

Last week the USD was the greatest thing since sliced bread and the saviour of the universe. I wish people would make up their mind.

[youtube]http://www.youtube.com/watch?v=PR0Is3gEWpo[/youtube]

 

We are in uncharted territories, so anything goes from here.
I'll just paste a quote from Fight Club:

"God damn it, an entire generation pumping gas, waiting tables, slaves with white collars, advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don't need. We're the middle children of the history man, no purpose or place, we have no Great war, no Great depression, our great war is a spiritual war, our great depression is our lives, we've been all raised by television to believe that one day we'd all be millionaires and movie gods and rock stars, but we won't and we're slowly learning that fact. and we're very very pissed off."

But maybe we will live to see a new Great Depression or a Great War.... Why have we got so complacent and confident that we won't see another one in our lives?

 

Something bad is coming.

 

Jim Rickards sure loves to play up his own importance, doesn't he?

 

He testified to the U.S. Senate ""The Fed and the Treasury are the greatest threats to national security, not Al- Qaeda."

 

Countless people testify to the US senate, usually to an empty room.

 

I would never be one to say everything's all right, but 25 year recession? Seems more like depression porn to me.

 

I will relocate to Galapagos

 

Ive said it before and i'll say it again. Channeling Mr. Denninger. Math doesnt lie and the power of exponents are a bitch. There is not a person on the planet that can be elected to fix what ails our financial situation. If there was they would be corrupted and bought out. Various people have been calling for a collapse for several decades now. I think they see the rise in debt and figure it could be anytime now, all the while making money off of it of course. I got to admit, I like reading doom porn. I like post apocalyptic movies and books as well. I dont think we will go all mad max, but at some point a reset has to occur. Anyone's guess as to what the other side will look like.

 

EX world bank employee and whistle blower Karen Hudes.
Karen Hudes has also testified to senate , that is when she is not busy on youtube telling us all ABOUT THE ALIENS that run the Vatican.
She claims many many things and uses her own letters (letters she has written) to validate her stories.
In one such letter she claims that aliens have run the Vatican for centuries and the world powers know this .
Her evidence? A letter she wrote to a senator that got a reply saying "thank you for your correspondence Miss Hudes.
If you want a wet your pants experience and have an hour spare google her and listen to the garbage that comes out of her.
THE SCARY THING IS SHE HAS A RATHER LARGE FOLLOWING OF IDIOTS that believe her BS

 

Like the morning after a beer and curry binge.

 

That right there is guaranteed.

 

Save time and drink curry beer!

 

I think she was saying the bank of Hawaii had like 170,000 tons of gold. Something ridiculous.
Also, she made some preposterous claims in her video "Gold Out of Hiding".
Suppose I get your point. :lol: :lol: :lol:

 

Honestly JPM she is the ultimate NUTBAR.
Please do not be swayed by her occasional bursts into reality where she does sound like she has a clue.
I like to judge her on the whole from watching many many vids she has made.
I will send her an invite this Xmas if we look like we are going to be short on fruitcake or nuts

 

I loved that Hudes managed to get on all the doom and gloom sites due to her World Bank CV and the watching the hosts slowly backing away was hilarious.

 

It is not often I write something as important as what follows. It was said after the last crash that "no one could've seen it coming". This was not so back then and is not so today. If you were looking for the truth in 2007, the average investor had ample warning from many sources warning of what was to come. The warnings are now much louder, far easier to hear and coming from some mainstream and even "official sources". Are you listening?
After the biggest financial and social crash in history occurs, "they" will say you were warned! Who are "they" and how exactly were we warned? For several years and in particular the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) have been issuing warning after warning. They have truly warned us as I will show you. Do I believe they did this out of the goodness of their hearts? No, I believe it has been in "c.y.a" fashion followed by their laughter because the sheep have and will sleep through it all until it's too late.

Thanks to Larry White from www.Lonestarwhitehouse.blogspot.com a full listing of the recent warnings has been compiled and logged. I had seen each one of these over the last year and have even commented on a couple of them but it never really registered with me there were so many. Normally I try not to "link" articles to death, this one is different because it is important you see how many and just how in depth the warnings have been! I will asterisk the three most important articles in my opinion, there have been 16 such warnings over the last 12 months!

July 2014 BIS BIS Issues Strong Warning on "Asset Bubbles"

July 2014 IMF Bloomberg: IMF Warns of Potential Risks to Global Growth

October 2014 BIS "No One Could Foresee this Coming"

October 2014 IMF Direct Blog What Could Make $3.8 Trillion in global bonds go up in smoke?

October 2014 IMF Report "Heat Wave"-Rising financial risk in the U.S.

********December 2014 BIS BIS Issues a new warning on markets

December 2014 BIS BIS Warnings on the U.S. Dollar

February 2015 IMF Shadow Banking Another Warning from the IMF This Time on "Shadow Banking"

March 2015 Former IMF Peter Doyle Don't expect any warning on new crisis -Former IMF Peter Doyle: Don't Expect any Early Warning from the IMF -

*******April 2015 IMF Liquidity Shock IMF Tells Regulators to Brace for Liquidity Shock

May 2015 BIS Need New "Rules of the Game" BIS: Time to Think about New Global Rules of the Game?

June 2015 BIS Credit Risk Report BIS: New Credit Risk Management Report

June 2015 IMF (Jose Vinals) IMF's Vinals Says Central Banks May Have to be Market Makers

*******BIS June 2015 (UK Telegrahph, no blog article) The world is defenceless against the next financial crisis, warns BIS

July 2015 IMF Warns US the System is Still Vulnerable (no blog article) IMF warns U.S.: Your financial system is (still) vulnerable

July 2015 IMF Warns Pension Funds Could Pose Systemic Risk (no blog article) IMF warns pension funds could pose systemic risks to the US

And there you have it in black and white! You have been warned! MANY TIMES in factand from the most inside and official of sources! Yet on a daily basis we hear from our own mainstream press, Washington and Wall St. don't worry be happy! These are very real articles with well thought out and cogent logic. They are not to be ignored!

One piece by the BIS last October talked about the "no one could have seen it coming" meme we heard so often back in 2008-09. THEY see it coming and have been telling you for over a year! Please understand this, the BIS is the central bank for central banks. No one knows the inside situation (particularly in derivatives) better than they do. If you don't believe me or others who have worked so hard to get the warnings out, listen to what both the BIS and IMF are telling you. They have gotten out in front of this and will only say "we tried to warn you" after the fact.

Www.jsmineset.com

 

^^^ RBA has issued warnings too.

 

For a minute there I thought it was going to be, 'the Liberal party are useless'. But it was JS not JW.