Nomi Prins Author of “All the Presidents Bankers“ on Upcoming Collapse
By Greg Hunter’s USAWatchdog.com
Best-selling author Nomi Prins warns, “Never before have the Government and the Fed collaborated so extensively by propping up the banking system to the detriment of the population.” Prins lays out a long history of the relationships between U.S. Presidents and bankers that date back to Teddy Roosevelt and JP Morgan. On her new book titled “All the Presidents’ Bankers,” Prins contends, “That connection with Teddy Roosevelt was a very powerful established entity between two people that has allowed all this stuff that has happened in the last hundred years to really happen. The friendships, the social ties, the idea that the bankers could sort themselves out with Treasury Department help if it needed to. Of course, it’s epic now. All of that was solidified then. Banks being hands-off with respect to the oval office was all solidified then. We’ve only been consolidating that message throughout the century since.”
Fast forward to JFK and the bankers of the day, and Prins points out the banks in the early 1960’s didn’t want a gold standard to restrict them. It is dollar debasement history as Prins explains, “If bankers have a peg, if they have to put gold or any type of asset behind it or have any restriction, they don’t like it. So at the time, they weren’t working on trying to demolish the regulations that happened from the 1930’s to separate bank speculation from depositors, but they saw something else, and that was getting off gold. They really worked to push JFK off of gold. JFK was a little less friendly with the bankers. JFK, when he did invite bankers to the White House, he would have very short meetings. It was like hello, goodbye and thank you. Where LBJ, who came after JFK, was very friendly to the bankers and opened the White House to the bankers.”
This brings us to today, more than five years past the 2008 financial meltdown. Are the banks stronger today? Prins says, “I mentioned the epic level of support for the banks, and if you consider supported being strong, then they are strong, but the Federal Reserve has more than $4 trillion of debt securities on its books. . . . The six big banks have about 84 % of all the FDIC deposits; they have 85% of all financial assets relative to all the other banks, 96% of the derivatives from a national perspective and 45% of the global exposure to derivatives, and this is just the six big banks. Because there is such a concentration of wealth and the concentration of political power from the Bush Administration, the Clinton Administration, the Obama Administration, it doesn’t matter who’s in office. These connections are very strong, and they have created a much more concentrated, consolidated and unstable banking system than we have ever had in history.”
On another financial collapse, Prins, who is a former top Goldman Sachs banker, predicts, “We absolutely can. There is much more reason that we will than that we won’t. The stability of the system is really fake. A lot of speculation has occurred with cheap money, and then it is bailout, and then nothing changes, and then something worse happens. That is the current pattern and the pattern of the last three decades.” Prins goes on to say, “I think we are headed to a major event either this year or next year, certainly in the next couple of years. It is astonishing to me that we haven’t already had an acute crisis instead of this developing crisis because of the sheer immensity of the support these banks have received. . . . This is not normal. This is not remotely near anything we have had in the history of this country.”
In closing, Prins exclaims, “It is very easy to see how the system could unravel because it isn’t stable. We are definitely in big trouble. There is no way we are not headed for a crisis. . . . It should have happened already, but the level of support is epic and reckless from the political and financial elite.”
Join Greg Hunter as he goes One-on-One with Nomi Prins, best-selling author of the new book, “All the Presidents’ Bankers.”
(There is much more in the video interview.)
Prins told me she’s already thinking about the subject of her next book. She thinks it might be about the future of capitalism based on trends of today. Meanwhile, if you want to buy a copy of Nomi’s new book, “All the Presidents’ Bankers,” click here.
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About the Author
Greg Hunter
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.
I love Nomi. And just clicked through and bought her new book. It should be a good read.
Hi Greg
Great interview again (question why is this short?). It is really sad not just USA is getting sold of to China, but also it’s banking system will implode. The Joe Sixpac of America will be really screwed, even more then currently is.
And I proved be right, sadly. The West is good as dead not just irrelevant, but also totally broke.
Your thoughts.
Oracle 911,
There is still great wealth in the USA. That’s why they want it. America is still worth fighting for.
Greg
Greg
my analysis is that you are correct. You dont steal or buy something that you believe to be worthless. The first thing that is required is something I have said many times: vote out the socialist/communist Dems, repeal Obamacare, then thin out the RINOs. The Republicans have lost most of their soul embracing corrupt SOBs like McCain, Peter King, Lindsey Graham, and many others. I like Cruz as he will stand against evil, even if he stands alone. That is conviction something in very short supply in DC. Right up there with common sense. These guys are wined and dined in expensive exotic locales for the sole purpose of selling influence. This is a conflict of interest and should be illegal. There should be a 12 year term limit to Congress and they shouldn’t get life time benefits for serving 12 years.
I support the TEA party and I am Libertarian in somethings but I am conflicted on legislation of drugs. The current crop of pot isnt the pot from the 1960s or 1970s that all the hippie parents smoked and therefore think its ok for their kids.
Thanks for having Ms. Prins back. She presents a compelling case. Have you considered have Meredith Whitney on? She predicted the collapses of Detroit and the municipal bond market. She was vilified and made fun of. She was ahead of the curve and had the municipalities and states used government sanctioned phony accounting. Last time I looked, Guilford county in NC was a billion dollars in debt. That doesnt count the big cities like Greensboro and High Point. Hell, I was told that High Point University was over 500 million dollars in debt.
How can this not just collapse into a financial black hole?
A few good books: http://12160.info/group/a-republic-if-you-can-keep-it
Yea, there is still great wealth in America but its moving up the “elite chain of command” from the middle class to the bankers, and its not just moving naturally as money moves to money, its taken the express elevator bypassing moral & civil law.
Art you are right as usual. I cant help but think of how good it will be to see America restructured into a working country.
Soon we will see our money to be without value, and the working man invaluable.
I agree with that, but that wealth is important for the survival of the middle class (which is diminishing), maybe even for the nation.
I know the nature of the average citizen, they will wake up just after or if we are lucky before they get screwed.
That is why I appreciate your work, basically you are stirring up our chances.
Oracle 911
As with Greg, I feel we have such great strength, that the opposition has been waging war
on us for over 100 years. As a military analyst, among other agency work, I began studying our dilemma. My powerpoint is too long, but will explain what has been hidden from so many. I am working to improve my work, but in the meantime— please with your permission.
http://www.slideshare.net/slideshow/embed_code/27938724
Slide 24 is most relevant, as is 17.
An aside- My Grandfather was partner in three banks, and lost them all in the depression-which the Fed has admitted creating. Second, he started a Savings & Loan
and they were the home lending experts. They were destroyed by the creation of Fannie
may and Freddie Mac– S & Ls’ would not loan 100 % on a loan, so they had to go.
I spent my early years on farms helping my Grandfather pay his depositors back.
The Elephant in the room, hidden for years is the United Nations. The white papers were written by Alger Hiss. The Bundy Ranch issue is pure UN– with propping by both parties.
Kindest and at your service.
Lt. Robert Powell
Hi
I really hate fascism (under whatever name) and those whom promote it. So this mean I hate the US “federal” Government and the apparatus in Brussels (I’m from Europe) with equal share. Yeah I’m saying what is in Europe and in US is not socialism but fascism.
Nobody should wonder, because this juridical system was taken from Roman empire, which was proto-fascist =concentration of religious, economical and political power into hands of a small group.
Please note, I use Mussolinis definition of fascism which is join of the corporations and the state.
Greg, Great interview, I was looking at her on the web 4 days ago, wondering when she would be back. great stuff. al ols
I have little understanding of this material but my bet would be that the banking system has to implode world-wide to have any chance to right this incestuous ship.
Then, the mental firepower and morals of the majority of our congresspersons is probably not sufficient to set up or even vote on a new and fairer system….(think Maxine Waters, Dirty Harry Reid, or Diane Feinstein). Congress would have to rely on the banksters for help, which is how we got into trouble in the first place. Reference: The Creature From Jekyll Island by G. Edward Griffin. This would also be an excuse to align our banks with the NWO and Agenda 21. Who would/could we trust? The IMF? LOL
Madame
I cant agree with you more. People will not forget that trusting the bankers and their government lead to the theft of their future, their money and anything that was fun. And the government, whose job is to protect the people, its government’s sole purpose will long be remembered not as a protector but as conspirators aiding the bankers with the rape of America and the subjugation of the people.
Don’t kid yourself, in 2008 George Bush brought McCain & Obama to Washington interrupting their campaign and both of them signed off on the bail out of the bankers. (the financial crisis, FED spending to the banks, L. Bros, Chase, B of A, dirty derivatives, false accounting, etc.) Both parties will never change this system as they feed from the same trough.
Art
Bush did that because he was leaving office and wanted to see what the new boys wanted. He didnt want to do something that would be used against him later. It didnt work and he got the blame anyway.
Ok, maybe it is just the week before Easter, a beautiful sunny day, and I am optimistic today, but whatever the reason, here goes:!
Guys! We are looking at this all wrong!!!!!! The coming turbulent times are actually an opportunity and we need to understand it as such. No opportunity comes without risk, peril and the possibility of true hardship, in this case, opportunity for hardship to be shared by so many. It is an opportunity none-the-less, and we are the fortunate humans who will be alive during this time of trial when opportunity exists to change the system to create a better world.
When a system approaches collapse, a unique opportunity exists to be involved in laying the organizational foundations for the ensuing structure. This luck of timing provides a singular opportunity to have long lasting positive impact within the organization.
Further, “Pick your Battles.”
Consider the following quotes:
“One of the illusions of life is that the present hour is not the critical, decisive hour. Write it on your heart that every day is the best day in the year. No man has learned anything rightly, until he knows that every day is Doomsday.’ (Ralph Waldo Emerson)
“You must be the change you want to see in the world.” (Mahatma Gandhi)
[-Gandhi’s achievement was that he enabled the people to think differently.
Gandhi challenged them to consider other possibilities in how life could be lived and work could be organized.]
Never underestimate the power of a small group of committed people to change the world. In fact, it is the only thing that ever has.” (Margaret Mead)
The good news is that people as diverse as Dr. Bill Black and Gerald Celente have both recently stated on-air that they are committed to help identify possible solutions to implement to make the system better, when the time comes to pick up the pieces. They and Greg Hunter above also, have all reiterated this fact. [America, with all of our warts, scars, and indulgences, just may be ‘as good as it gets’ when it comes to social structure. WATCH AT LEAST THE FIRST 4 MINUTES OF THIS.]
http://www.wimp.com/waterindia/
Guys, I think we are the right people (intelligent thoughtful), at the right place (America) at the right time (now).
Read “The Tipping Point” by Malcolm Gladwell, it is the spreading of ideas that provides the true opportunity; “the moment of critical mass, the threshold, the boiling point”.
Through the spreading of ideas, ideas of equity, fairness, (see http://www.wimp.com/moralbehavior/) I know it is long but it is worth watching – especially about 10 minutes into it, study on monkeys and fairness.
As I was saying, it is through the spreading of ideas that we have the opportunity to help nudge the system to make it better.
GREG HUNTER is taking up Point in this endeavor. (Greg, please feel free to share this post with Dr. William Black and Gerald Celente for morale support.)
Have you ever heard of the Butterfly Effect? (Sensitive dependance on initial conditions – look it up).
Or said another way…
At the beginning of the journey, an ocean liner changing course two degrees may end up in New Zealand rather than Antarctica. (This one is mine. 🙂 )
“We are like the frogs boiling in the pot, and all we’re doing is talking about how hot the water is. We need to think outside the pot.”
Scott Borg
Director and Chief Economist
Bottom line is that in the not-so-distant future, we will be given the opportunity to make choices that may impact the future.
One more book for you to read, “The Evolution of Cooperation” by Robert Axelrod.
That’s enough for now. Keep thinking and keep your Chins Up!
Sincerely,
Seen Too Much
good thing it’s warm there
Generally warmer in the Carolina’s and trees are plentiful.
Buy yourself a wood stove and partake of some manual labor to heat yourself and yours in winter. It is a character building experience.
STM
And if your choices must be made from a FEMA Camp? Fights seldom go the way you intend. All you can do is determine to prevail. OK, – glass half-full… I get it.
Seen to much. Excellent. In order to do what you prescribe, with your permission I am attaching a powerpoint that provides information that if better understood would go a long way toward your vision. Please view the material and especially the research concerning Hiss and the UN, and the slide on Max Eastman.
As a military analyst among other duties, I kept banging into the material you will see. I consider the United Nations the House in a casino. Many pieces will come together , and anyone else feel free.
http://www.slideshare.net/slideshow/embed_code/27938724
At your service
Lt. Powell
Hi
Sorry Greg I love your site but I have to say IMHO that I am absolutely gobsmacked by some of Nomi’s comments.
She mentions the massive negligence of the FED but declines to mention the fact that it is owned by a private banking cartel. In her words “there is epic support for the banks”
For goodness sake of course there is epic support. When you look at the ownership of the shares of the FED what else could you expect.
I am stunned at these comments from a person with such an impressive CV. If a lady of her intelligence can’t make the connection then what chance does 99.9% of the US population.
All I can do is sit here and shake my head.
The elephant in the room is so big that there is no room for anything else!
Cheers
Col
Colin,
Owing to the fact that both this site went down and Jim Sinclair’s – at the same time (JSMineset is STILL down)… there is something afoot. I think the time has come where monitoring of the content of these sites is becoming material sensitive; and it behooves the guests interviewed to stop just short of full descriptions – leaving us to connect the dots. The time may come when sites like this will be subject to such consistent persecution that maintaining their existence might not be feasible. Old patriots, like Dr. Paul Craig Roberts, may ‘get away with’ naming names and pointing fingers; but he has real high qualifications and profile. And he is one voice – where here the platform draws in many. The epoch of where people play fair is ending – at least for those up North.
Hey guys, Jim and I both had technical problems that we know were not caused by attacks. Thank goodness for that just a glitch on the hosting company’s end.
Greg
Anyone know where all the QE is going that the fed is printing every month? Many say it’s going to the banks that’s why it’s not showing up as inflation. If the banks are keeping all the money, how is this suppose to help the economy ?
Dave,
I have read that the QE funds end up in the banksters vaults and are held there by the FED actually paying their bankster friends interest on that money.
The FED wants to keep this QE money OUT OF THE SYSTEM, because it would certainly lead to hyper-inflation which would cause the system to fail.
The FED is bankster owned and promotes their bankster friends. They are NOT concerned about Joe Sixpack, only their power and bonuses. They are ROBBING AMERICA of every cent they have with ZIRP (Zero Percent Policy). People on fixed incomes are having to raid their principal in order to eat where they used to earn interest on their savings.
GOTS GET OUT OF THE SYSTEM before it is too late.
Read ‘Wealth and Democracy”, by Kevin Phyllis. I think you would really like the book.
You made good points in your post CG!
Dale, the answer is it’s NOT supposed to help the country. It’s supposed to help the banks and Wall Street buy up all the hard assets with worthless paper dollars, and it has worked to a stellar degree! Did you see the movie “Goldfinger”? As Goldfinger has James Bond strapped to a table with a laser cutting the table in half, soon to cut into Mr. Bond, Bond nervously asks Goldfinger, who is leaving the room, “do you expect me to talk?”. And Goldfinger delivers a line still quoted to this day (as I am doing), “no, Mr. Bond, I expect you to die!” Did you expect QE to deliver the country? No, we expected it to enrich further the 1%! And it did! Best always to all Watchdog participants. PM
Its a transfer of toxic assets (worthless Mortgage backed securities) for almost worthless Tbills. But its a step up from utterly worthless.
Yes, it’s going to the banks and they are investing it in commodities and the market. That is the reason stocks are way over inflated versus the real economy. It’s a game of musical chairs and one guess who will be left without a seat…the 401(k), pensioners, and the tax payers.
Its being used as fuel for pump and dump by the Cartel.
This is incredible. I thought that was what was happening but I thought it was too outrageous to be true. So first of all we let the bank charge us interest on money they don’t have ( fractional reserve banking), then when they run out of money we just bail them out like in 2008, then we give them more by the back door ( QE 1, 2, 3 ), next we will let them confiscate our savings or retirement plans ( Bail in ) or .
Dale,
You’ve heard of Compound Interest – well this is Compound confiscation. Multi-level engineering.
“The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists. — J. EDGAR HOOVER (DIRECTOR, FBI)
Nuff said ??
anyone ????
Dale.
It is all digital money, nothing goes in the banks and nothing goes out of it, Catherine Austin Fitts explained elegantly on a previous interview with Greg here:
THE FEDS ARE SHREDDING THE OTC PORTION OF THE SUB-PRIME BAD LOANS.
That is what is with the QE, they are shredding off their books those bad mortgages, mean while they are transferring the wealth from my , your, our pockets to the break away society.
So the liability is carried by us and the wealth is carried by them, simple huh?
Sorry Dale.
I started studying this stuff over 20 years ago and went through the five classic symptoms of grief (i.e. grief for my loss of innocence/ignorance that is):
1. Denial
2. Anger
3. Bargaining
4. Depression
5. Acceptance
It just takes a while to pass through it all. The funny thing was that at one point I finally realized that this doesn’t happen because there are ‘a bunch of ‘evil’ people’ who are powerful doing this to awful thing to ‘us’. It happens because there are a bunch of powerful people who are selfish, just like you and I, and so many of our brethren are likewise selfish.
Human nature is suited for hunting and gathering on the savannah. I believe we, as humanity, have possibly a few decades to break out of that mindset at best and move toward a more equitable arrangement.
“Socialism has failed. Now capitalism is bankrupt. So what comes next?”
http://www.theguardian.com/commentisfree/2009/apr/10/financial-crisis-capitalism-socialism-alternatives
I don’t know what the right answers are. I dare say that none of us, and certainly none of the politicians ‘representing us’ know either. I think that for the most part, ‘we and they’, who are aware of this pending fiasco are worried first and foremost about saving our own skins (literally and figuratively).
I do believe, and believe it sincerely, that if we are going to survive as a race, beyond the stone age variety, than we better dam$* well learn to get past that quickly and begin to act in the BEST INTEREST OF MANKIND, not solely in the BEST INTEREST OF OURSELVES. We need to do this as a unified human race (to the best of our ability), or alternately, we best be honing our skills in the stone sharpening area of expertise.
Seen Too Much
Dr. My Eyes Have Seen The Years
Through a slow parade of fears,
Without crying, now I want to understand.
I have done all that I could to see the evil and the good,
Without hiding,
You must help me if you can.
Dr. My Eyes,
They cannot see the sky
Was I unwise,
To keep them open for so long.
Courtesy of – Jackson Browne
Now brought to you by,
Seen Too Much 🙂
P.S. It will get better (your ability to accept the truth of it) I promise.
Everyone better get their finances in order as best they can.
To maintain faith and confidence in international trade, there may be a slow transfer from the Dollar to the SDR. Jim Rickards has suggested a SDR backed by a basket of currencies including gold. If the financial system collapsed because of excessive debt, it would have happened sometime ago.
I wish someone would explain to me how a bucket filled with debt ridden currencies and a bar of gold could be the basis for a sound economy.
Isn’t that like saying that if I take all of my personal debt and throw it into a pile, add a silver dollar to the mix and call it something new (like SDR’s) that I will then be able to afford the grocery and rent bill?
So you rule out collapse because it hasn’t happened yet? Just wait a year or two. So you support trading one fiat for a big bucket of fiat with a small percentage of gold backing that is control by a bunch of international banker thieves. Dude, why would anyone accept that? They have seen how they can’t trust the politicians the can vote for and you expect them to trust bankers they have zero say over? Banking and fiat currency are faith based just like religion. I dont see anyone worshipping at the church of the IMF and accepting more worthless fiat.
IT’s merely trading one sack of manure for another. Manure actually has some intrinsic value, unlike fiat.
Galaxy
Fiat does has one redeeming factor while it is deflating in your wallet…..It doesn’t squish in your wallet as does manure! Politicians are drawn to both fiat and manure!
Funny and true
Good background info for what has been, and continues to be, going on!
Now some interesting scoop – Illinois’ Governor Pat Quinn just came out yesterday with the “Welcome Home Illinois” program – he is offering first time homebuyers $7,500 assistance with their down payment, and a 30 year fixed interest rate of 3.75%. Buy now!!!
Also just heard on the radio that a new question on the SAT or ACT or some school test (didn’t listen closely until I needed to
rewind what was said, and can’t do that with radio yet) concerned how to change dollars into rupee… Might as well start training the kids how to practice dollar exchange now rather than later, you know…
Anne
children should be taught basic finance in grade school including how to figure rates of exchange. Its basic math and not something that is taught.
Another reason why we should abolish the Dept of Ed. and return control to the states and local governments. Even in most collages all you are taught is Keynesian economics which only gets us where we are now! And now the Dept of Ed wants to shove Common Core down the throats of our young.
Common Core should be renamed to “Common Conditioning.” The key ingredient for mass control of a population.
Greg
So true Greg, blatant inculcation of our children with the fascist/socialist/communist agenda.
Greg, your guest’s historical & present day analysis of the “Bankers” & their political control of our economy is the reason they are here to stay and nothing or no one can touch them. When the next banking crisis comes they will come out like they did in 2008; larger and stronger with more political influence, all at the expense of the middle class, aka “main street”. For purposes of intellectual discussion only, armed conflict would be the only way to take the bankers from their ivory towers and place main street ahead of wall street, the elite, & their puppet masters bankers. Being redundant, I must say your guest outlined another event (collapse) albeit in the future, that in my mind will end with the bankers coming out even stronger from the financial ashes like they did historically and more recently in 2008. There is just no way you can stop their march to control, they own the world.
Give the banker’s freedom to throw the dice in the Wall st. casino, banker’s lose’s hard working s. o. b’s. deposits to Wall st. traders, traders finagle taxpayer bailout. U.S., 18 trillion in debt to Chi-Com’s, Chi-Com’s buy up U.S. and Politicians, Harry Reid, former aid and son go to front of Chi_Com bus, American people and ranchers get thrown unda da bus. Harry your so worried about everybody owing the US money how come Obama and Holder aren’t worried about the 1.9 million dollars Sharpton owes the I.R.S.? That i r us is the american taxpayer, ether way were all screwed in the end, even the crooked Politicians will get it in the end! The end is near, can you smell it?
Art Barnes we must keep a cool head in these times of change. How many times have I wanted to resort to violence? I rather cast my cares to GOD and hope/ Yet armed and ready for the offenders of freedom. I constantly hear there (knock) at the door. We do not all trust in GOD, I do, that’s all in need to know. A while back Greg said to watch for the treasury sell off. That’s when things will change fast. The oligarchs may control the world, but not you and I. I thank my GOD you stand. Stand therefore.
Absolutely fascinating interview Greg. Nomi is pushing all of my buttons with the subject of her new book. All you have to do is look at my last few post to see how I feel about the Banking Cartel that is running this country. I love the historical points she hit on.
Greg my grandfather who was in his late 20’s when the depression hit, had told me many years ago that the Federal Reserve Bank was the one that started the panic on Wall Street in 1929, At the time he told me this, it didn’t make sense to me why a Bank would collapse a financial system. But that was before I understood “Pump and Dump”. In 1929 the Stock Market was reaching an all time high, and fortunes were literally being made over night. I understand now, that the Fed had nowhere else to go and had no choice but to “Dump” since the profit margins had gone as high as they could through the “Pump”. Sound familiar? This scheme has been going on for quite some time. The only difference is now we have government taxpayer money to fund the mechanism with through QE.
The bigger problem is that the scheme has transmitted itself through the world banking system like a cancer, and has created huge economic problems for the emerging industrial nations. The IMF clearly understands what is going on, and will soon pull the plug on the dollar cutting of the foreign money supply used to help fund the scheme. The Jackass was right. Ukraine is where the dollar went to die. How much time do we have? Like Nomi said, it should have already happened.
You do understand that we basically control the IMF and provide the lion share of funding. And we have the only veto. Harry Reid tried to sell us out and offered legislation that not only increased our funding to the IMF but it stripped us of our veto. Wonder how much Harry was paid for that?
Galaxy
What makes you think they need our worthless money?
See my link below. They are setting up their own IMF as we speak.
Good point Jerry. The borrower is servant to the lender only as long as the lenders good are of value. What good is dollars if no one uses them. May be that is where the word (use less) came from.
Jerry
when you say IMF I can only assume you are talking about the one that DOES exist as opposed to one that hasn’t been set up yet. And that one is mostly funded by the USA and four other nations, all of which are broke. We also control it.
Its not worthless yet …it will be greatly diminished. Hell, food inflation is over 15% last time I looked. But I agree that it will be a shadow of its former self.
What makes me think they need our money?
Easy, they are still trying to rob us via UN and they want control of the IMF.
Mr. Hunter: another detailed and insightful interview, well done. Much to my chagrin, I’d never heard of Nomi Prins before today, but I will keep an eye out for her work. As much as I enjoy the exploits of your guests (PCR, Nomi Prins, Jim Rickards, Jim Willie etc.,) I wish there were honorable, intelligent and scrupulous people like these actually in the trenches, as it were, making the news as opposed to reporting it. I’m certainly not trying to impugn the work of good, thorough, unbiased reporting (e.g. USAwatchdog) but rather extol the virtues of potential policy makers/thinkers that actually give a damn about integrity and the lives influenced by their policy. Keep on sir and thanks!
Thank you Matt for your support and comment.
Greg
In reality we have collapsed. A healthy economy and a healthy dollar does not require $trillions in deficit spending and $trillions in new money creation via QE programs. A strong dollar is usually what investors and foreign investors want. Yet, they are starting to run away from it. Anybody in the dollars way such as Iraq, Libya, Syria, Iran, and others, get some civil unrest. Even a Rancher getting in the dollar and China’s way may suffer repercussions. We have crashed and are witnessing a speedy meltdown….
Ugly
in my mind, we are only a few lever pulls away from disaster. Jellin’Yellin is going to pull the QE lever or one of the many other support and or suppression levers and nothing is going to happen. In a panic the will continue pulling until all have been utilized and even then, it may not achieve a result that is needed. That is when the winds of change will blow and the bank holiday here will start.
Galaxy,
Haven’t you heard the news? We are in a recovery! All those empty store fronts you pass driving down the street are already rented and entrepreneurs are moving in based on the loans they got from the 6 big banks! The Baltic Dry Index is down 50% because of the weather, don’t you know. And the employment rate is 6%. Things are looking up….just ask the MSM.
Love that . I’ve seen one business open here and it didnt last six months. They did everything right. But this is not a build it and they will come world. They built it but the population here lacked the one thing he needed to succeed: money.
Greg: One after another – all your guests say the same thing- Just a matter of time before the collapse. So many triggers could set this off.
As I was warned years ago, get of of anything financial that is connected to “paper”. Money, stocks, $01’s, Ira”s, life insurance policies, etc. When collapse happens they are all worthless!
al
….and when those days happen multi-millions will cry, ‘why didn’t anybody warn us’….
Most are not saying get out of all investments. Just don’t have all assets in paper IOUs. Diversify….
Al
My suspicion has always been the reason the collapse hasn’t happened is because the other global economies did not know where to go without the dollar as reserve currency.
They’re about to remedy that problem.
She is smokin hot!!!
Great interview as always, JFK spoke publicly about exposing secret society which indicates clearly he was part of it but he was A GOOD one!
Mohammad, interesting comment, I remember when he was shot, I was just a young boy, a lot of my small my town crying. Over the years I have come to realize that although he came from great wealth and influence he was truly on the side of Joe America, he was our friend, probably why he was killed (so long ago). I always appreciate your insights. a b
JFK was the last AMERICAN president!
Reagan wasn’t American?
I didn’t notice that. I’ll need to go back and look….
Doc
I was impressed by her message. She is easy on the eyes but to talk about the obvious when she is delivering such a serious message is to trivialize the message.
Mohamad if I offended you I am truly sorry. Glad your back.
Never offended me JC, it was an old thing with another member but all is forgotten, we have much serious stuff to cover, my eyes are like a hawk on the Bundy ranch situation, last i read was they are asking for old veterans who may happen to be homeless to camp there for 3 months at least and rotate posts, that increases my suspicion that it is far from over, I will pray daily that no single one drop of blood is shed there from any side, but I am afraid things are heading aginst my wish and I see DARAA in Syria happening in Bundy’s ranch. I PRAY MY GUT FEELING IS WRONG.
Greg- in future you may have to interview Nomi like you do the Jackass – only by audio… Gotta keep the boys focused on the message somehow… 😉
Ok, Anne… you have a point. A woman who doesn’t show herself, or dress revealingly; but covers-up with a touch of style: is a more comfortable fit, and engenders trust more. Her bare shoulders bothered me a bit.
On the other hand – I don’t want to get to a point where I not affected either! Consider this a polite bow.
Another great interview with an extremely knowledgeable former insider, Greg. The fact that the banker/government relationships go back over one hundred years and are therefore so deeply entrenched in the fabric of the American financial system shows the true extent of what the average everyday person is up against. Nomi researched the creation of the Federal Reserve System (the infamous meeting at Jekyll Island) but did not mention that meeting was at the behest of the ROTHSCHILDS, the primary owners of all central banks in the world, who were salivating to get their hooks into America. (Let me make it perfectly clear – I am not slurring race, religion or ethnicity whatsoever by naming this evil family. I could care less if you’re pink and worship the Tooth Fairy – all I care about is BEHAVIOR and the Rothschild’s BEHAVIOR is predatory, psychopathic, genocidal and anti-human). The question that is begging to be asked is “How do we get rid of these vermin and their partners/cohorts?”
Every President that opposed the Central Bank of his time was assasinated except for Andrew Jackson… Lincoln, Garfield, McKinley, and JFK…
The evil ones eat their own while they rot from within. What do we have…..12 banksters suicided?
What I am trying to focus on is getting involved in local politics where I actually have some say. I’m trying to accept the reality, prepare as best as I can, and thinking about how to impact the future. I consider national voting a waste of time….it’s all rigged..(if you put a good apple in a barrel with rotten ones, don’t be surprised when the good apple rots) . Concentrate on the local where we can have impact, where the elected are accountable to the people.
Encourage the Convention of States which can be the platform for a future governance.
these bankters are ruthless. Im sure because JFK wouldnt play ball, is why he got lead poisoning
I am not a conspiracy theorist but I find it very odd that the records of the JFK ASSASSINATION records were sealed for 75 years. If there is nothing to hide and if Oswald did it, then throw open the records and lets have a look. I keep hearing that Oswald was a marksman…B.S. from what I’ve read, his score was the bare minimum and he failed one shooting test. He missed a guy sitting in a chair in his living room but he can fire multiple shoots into a moving target with a crappie scope with a very small field of view. It stretches the bounds of credulity.
I am with you G man. Loads of questions few reasonable answers. Just call me a nut.
911 same problem. I am a crazy conspiracy theorist . When it don’t fit… Somebody, must quit.
Funny, I dont have a problem with WTC. I talked to someone who makes a living in the demolition business… they even were contracted to remove some of the rubble so he got a good look and he calls the WTC conspiracy theories BS so forgive me but I’ll take his word on that. Look up DH Griffin out of Greensboro.
But I have honest questions about the Pentagon hit. I go where the facts take me. I dont buy that UFOs have been here because when a technologically advanced civilization meets a much less advanced one, they utterly subjugate and/or decimate them. I dont buy that they are going to share their tech with us and teach us. There are few likely good planets in the Goldie locks zone that I think they would put the boot on us. But who knows. I haven’t seen any tech that would be indicative of a visit.
But then I didnt buy that Geraldo had Al Capone’s hidden vault either.
Still…I wonder why all the evidence gets sealed and then goes missing? Or is quickly put on barges to China? Why did WTC 7 collapse? When will we see the Malasyian 777 plane again? Maybe a bankster needs a 777 to fly from his island escape bunker. Why did the wings not leave an entry place on the Pentagon? With all the black swans flying around, one or two of them are bound to collide soon.
Calgirl….
Those answers my friend are blowing in the wind. The answers are blowing in the wind….a little Dylan.
I’m hurt you didnt read that I excepted the Pentagon. I have some questions there that defy the government answers. There’s nothing in the WTCs that couldn’t have been destroyed by stealth or stolen. There is not thing that warranted the destruction of the buildings. Sorry, I dont buy it. Or any of the conspiracy theories that say we were involved. We had weak airport security and a bunch of evil Islamic moslems exploited it.
Hi Greg. I am continually impressed with the quality of your interviewees and Nomi Prins doesn’t disappoint. Like most of us “contrarians”, she is puzzled as to why a great collapse hasn’t already happened, making it almost impossible to peg when it will actually happen.
While sitting in my doctor’s waiting room the other day browsing through a magazine, I came across this astonishing ad by HSBC which read:
In the future, 2013 will be remembered as the year of the Renminbi.
In the Chinese calendar, 2013 is the year of the snake. For businesses around the world it is set to be the year of the renminbi. If you’re already doing business with China, or considering it in the future, there could be real advantages in being renminbi ready. A recent HSBC poll of Chinese companies estimates that 33% of China’s international trade will be RMB denominated by 2015. (my comment: 33% !!!)
Whatever your needs, HSBC is the leading international bank for RMB. When you are ready to embrace the renminbi, talk to HSBC.
A NEW GLOBAL CURRENCY IS EMERGING. BE PART OF IT. (caps mine).
I was astonished to see this bold announcement that the RMB is becoming international and when I checked the date of the magazine, it was back in May of 2013!
Oh! Skeptical me. I wonder what HSBC’s motives are….are they trying to help us, or…..? It would seem that HSBC is part of the problem.
US regulator sues 15 banks, including HSBC, for rigging …
http://www.scmp.com/…/us-regulator-sues-15-banks-including-hsbc-rigging-li..
Libor: FDIC sues Barclays, RBS, HSBC, Lloyds and BBA …
http://www.telegraph.co.uk › Finance › Libor Scandal
Calgirl,
Ellen Brown will be on next week and she will cover some of the “LIE”BOR (LIBOR) frauds.
Greg
Cant wait
Greg,
You have a fascinating site. I hate you and I love you…because I spend soooo much time listening to your guests and reading entries from some very interesting commentors. Kudos to you Greg….you are certainly doing a wonderful job and more than your part in helping to get the truth out in the open.
P.S. I’m selfishly glad it was your site that went down and not that you had blackballed me…I actually wondered if I had written something offensive/destructive.
Calgirl,
No worries. You are golden to me. Thank you for your comments and support. I just have a problem with the server company and I was not attacked thank goodness.
Greg
Shelley F.
The Dollar’s lack of value and devaluation is now happening month-by-month. That is why we need to keep track of inflation. When the dollar starts hurting really bad, we will see this at the grocery store. We will see this at the gas pumps. The USD index has been hanging around 78-85 for 6 years now. That is over 4 years longer than the banking crash of 2008.
Right On
Keep an eye also on the 10 year Treasury http://www.marketwatch.com/investing/bond/10_year. If it goes over 3% the Gov will be in DEEP do-do. It’s a measure of the interest paid on Treasury Bonds by the US Gov.
The DXT cab be nibutired at: http://www.marketwatch.com/investing/index/dxy
But keep in mind that both of these indicators are manipulated by TPTB (the powers that be…like the Presidents Plunge Protection Team. You can tell they are manipulated because they go the opposite way that they should based on news. Also, take a “look-see” how all the “great” news like the CPI, etc. get revised a month or two down the road. It’s just propaganda to keep the masses behaving as they wish them to.
Another great measure is the Baltic Dry Index:
http://www.bloomberg.com/quote/BDIY:IND
It measures world wide shipping and can be viewed as a shapshot of the world economy. All you have to do is look at the chart to see how awful things are.
Wow Shelley thanks for that. Good ole BANKERS. but even liars tell the truth once in awhile.
I dedicate this song to Janet Yellen and the rest of the boys at the Federal Reserve who continue to “plunge” our economy with free money.
http://youtu.be/S8rCy173y7Y
_Jerry- Don’t forget, Thank You H E L L I C O P T E R B E N ! ! !
Nomi is right on–a big supporting read is “The Imperial Cruise” by James Bradley. You should read it, it portends the downfall and shows TR for what he really was, how he set in motion moves that eventually set in motion future wars.
Another moment occured in 2010 on CNBC when Maria Bartiromo was interviewing Evelyn Rothchild–the real Great Satan, : “Why did you move to New York?”
ER: I came to New York to supervise the rebuilding the American Banking System.”
On the Closing Bell.
The logic is simple. The big banks own and dictate to the Fed. Zirp transfers the wealth of the middle class and well to do to the top wealthy elite. That is why there are no jobs…the FED talks jobs, but its own figures–70% of jobs come fron small business–which is finances thru the credit unions and small local and regional banks–whose funds came from the CDs of the older people’s savings–which have been wrecked by the FED…
Greg,
This is far from over from what it sounds according to Sheriff Mac:
https://www.youtube.com/watch?v=-89VdgE_IVk&feature=share&list=UUsm2bHMx_RFJ7aWFpgAjX1A&index=13
You can skip the first minute and go directly to the mark 1:00
A very articulate guest. Here is a you tube with Matt Taibbi discussing the pass that JP Morgan gets in the media. The commentary on the clips with Maria Bartirolo are good.
http://youtu.be/EuXf9GmQln4
Thank you Nomi Prins, you are not only gorgeous and smart but you are also courageous as an American whistle blower on the corruption of our society. Truth through facts is what we are after-zero tolerance for bullshit propaganda.
David Rockefeller is a pivotal actor in the behind the scene actions in the conspiracy of the United States of America being co-opted into the American Empire fascist world oligarchy of the 21st Century.
One of my favorite quotes of John D. Rockefeller is “The best way to defeat your opposition is to organize it yourself.”
Son David Rockefeller went “bingo” and has spent his life in corrupting and co-opting our Democracy, Free Enterprise System (free from corporate monopoly) and our sovereign Republic.–All for Bankster/Big Oil World Empire!
David Rockefeller is the Dr. Strange love manipulator of the Council on Foreign Relations, Trilateral Commission, European Union, United Nations, Free Trade, Free Market, Stock Market control, deregulation, government corruption at the local, state and federal level, de-industrilization of the USA with secret Free Trade Agreements, mortgage fraud, derivatives and brainwashing American children to become zombie followers of the UN Agenda 21.
Greg,
Do you have a clue how bad a person has to be to become a Director at Goldman Sachs?
Reader,
Do you know how lucky we are to have her blowing the whistle on this enormous scam we call an economy?
Greg
OK. I went a little overboard on the Lady. You are right – we are a little lucky.
Reader,
You a big person to admit you were wrong. That is admirable!!
Greg
I would put Goldman director above govt paid troll on the list of evil. Just my two centavos
And lets not overlook who owns the MSM
http://www.storyleak.com/graphic-6-corporations-own-90-percent-of-media/
It’s incredible….
6 Big Banks own the world’s financial system and…
6 corporations own 90% of the media
Thats why sites like USAwatchdog are utterly indispensible. We should recognise that the hosts of these sites do put themselves at risk too. What the government crooks can do to the right wing political non-profits and even Ron Paul, they can do to anyone.
Not to discredit this woman’s work…but she seemed to recycle a lot of info from “untold history of the united states” by Oliver Stone.
On JFK –
He is constantly glamorized as this “saint” of politics.
Although I will admit, many of his political stances were “righteous” , people also forget that JFK was involved HEAVILY with the Irish and Italian mafia’s. Frank Costello, and Sam “Momo” Giancana were just some of the few heavy hitting mobsters he had crossed paths with.
For those who don’t know, Robert Kennedy, was assassinated in a Mafia-controlled hotel.
I’m not saying JFK and his family deserved what happened to them, but in my opinion politics is a very dirty game, and whoever plays it, does something “dirty” at one point or another, JFK family included.
A T – Perhaps the American Mafia has reached a quasi-accepted state – like the Drug Cartels in Mexico – where “real players” are accorded space to work, and power-share in the system. An inside, quiet, and controlled job – where the assassin never gets to trial. If it was done for a price: be sure the price was right. I think Camelot got squelched to teach obedience within the system.
You can tell someone knows the history of JFK very well when they call him Camelot : )
“A T – Perhaps the American Mafia has reached a quasi-accepted state – like the Drug Cartels in Mexico ”
Agreed, but minus the “perhaps”, i think this a straight up fact. I don’t do drugs, i am content with whiskey and a cigar, but it’s silly to deny the huge market potential those products possess. Oil, drugs, steel, etc. all fall under the same category of revenue potential in my eyes .
“I think Camelot got squelched to teach obedience within the system.”
JFK was also really stubborn at times…For example during the Bay Of Pigs he refused air strikes before breaching land…Militarily speaking this was a very poor decision…
Yes, bay of pigs was sheer stupidity with a large side order of timidity. The raid was announced in the papers before they landed. But I think thats what gave JFK the iron will he needed for the Cuban missile crisis. He knew his mistakes at the bay made him and a the country look week.
Greg,
One video is worth thousand words:
http://www.youtube.com/watch?v=NYuKpq-ZlNo
Sad. There is genuine anger building beneath the surface with the American people. This government may push to far and start a full scale revolt if their not careful. If that happens, these young thugs will be facing hardened Iraq veterans instead of old women and cowboys.
Thank God for cameras . Without cameras it would have devastating. Dismantle the fascist frame of mind.
True dat
Greg I’m sure you’ve seen this, but I think this is the biggest unreported piece of news out there that you could use in your weekly wrap-up. The cards are on the table, and the U.S. dollar is officially out.
http://rbth.com/business/2014/04/14/brics_countries_to_set_up_their_own_imf_35891.html
Jerry, this is a HUGE DEAL…we have become irrelevant…I am convinced next step is war. Thank you for this post.
Obamacare news
http://www.weeklystandard.com/blogs/widows-dropped-health-care-due-obamacare-alabama_786961.html
http://www.breitbart.com/Big-Government/2014/04/16/Brain-Surgery-Patient-s-Obamacare-Plan-Denies-Meds-Drops-Doctors
And now they are saying that white people are born racist
http://seattle.cbslocal.com/2014/04/16/study-babies-show-racial-bias/
The corrupt hogs in Detroit are wanting Obama to bail them out. Want Obama to send them some bacon. It just goes to show these corrupt SOBs are cannibals
Your website never disappoints. Timely and pertinent interviews along with an insightful, intelligent following make you the go to source for many of us. Say Greg there is a new author out there that contends that the top 2% (unsure if this particular segment is culled from an international group of movers or shakers– or are just your elite banksters, politicians and/or media moguls) and posits this group has the money and power to keep us circling the economic toilet for years. So instead of going out with a bang (an economic collapse) it will be a whimper (a slow, agonizing descent back into a feudal type of serfdom). My question to you is do you ever see the majority of American people ever waking up and putting an end to this nonsense?
Shadow of Doubt,
At some point everyone will know what we know. As Dr. Jim Willie (who has a PhD in statistic) points out, “the time between failures is getting shorter.” One big failure is coming, make no mistake about it. I think this year or next at the outside is the timing. 2013 was a gift.
Greg
Shadow.
The rest of the world has grown tired if the Banking Cartel and will soon cut us loose as reserve currency. When that happens, there isn’t money the fed can print to make up the difference for lost investors. The scam is over.
Based on what we really owe, the amount of derivatives, and the bad paper (toxic assets) I dont see how they can work that. Even if they US d all of their money…which ain’t likely…it just too little to counter the tremendous amount of debt
BTW…Jim Sinclair’s website has been down for two days. Have you tried reaching him to see what’s up? Hopefully it is nothing nefarious.
Michael,
I talked to Mr. Sinclair personally yesterday and this is not an attack on his end. He told me he has some sort of server or maintenance issue. He’s OK. I also had a hosting problem but not an attack.
Greg
Greg
Notice in the except that they are seizing pension plans. I tell people its coming here and I am told it can never happen here. I fear there will be a lot of things happening that “can’t happen” here
http://mobile.nytimes.com/2014/04/17/business/international/hungarys-central-bank-seizes-bold-strategies.html?from=homepage
“Some recent policy moves have recalled economic missteps that have come back to haunt other emerging markets. Confiscating private pension assets. Depreciating the currency. Imposing price controls in the banking and energy sectors. Weakening institutional checks and balances. Fostering a favored class of insiders and antagonizing foreign corporate interests.
Mr. Matolcsy’s appointment in March 2013 was itself contentious. Mr. Orban had described Mr. Matolcsy as his “right hand,” prompting concerns the central bank was coming under political control after clashes between the government and Mr. Matolcsy’s predecessor. Shortly after he took over, a vice governor resigned, criticizing the bank’s waning independence, and there have been reports of tensions with the European Central Bank.”
The banksters, IMF,ECB, etc. are in near panic. Trying to control the world’s stock markets, currency crisis, riots, Japan near collapse not to mention Italy, France. The BRICs setting up trade excluding the dollar. Saudi Arabia, once complicit in proping up the dollar may now sign on with the Brics. And we have Obama dissing Saudi Arabia, Israel and trying to destabilize Russia. If Russia retaliates for the sanctions by cutting of western Europe’s energy pipeline, all hell will break loose. Cold and hungry people can riot big time. All this, or even some of this happens, causing the dollar to collapse and we will be wondering how to feed the kids. Ready for $15.oo/gal gas?
China has built MANY entire cities with all the amenities and they are deserted…….not one soul living in them. This was financed by the shadow banking system….(small banks, etc) . All that debt is unpaid. However, China has most of the world’s gold and trillions of our Treasury Bonds.
All we can do is prepare as best we can. You don’t want to be depressed and reactive when you can least afford to.
Get out of the system. Consider where you can go if you live in a heavily populated place, to be safe. Food, protection. Planning for the worst case scenario can only benefit even if things don’t get that bad….but I wouldn’t bet on it.
Calgirl,
I am out of the system as much as is feasible.
Good interview Greg. Thank you. The Banksters needed to destroy the chains of the gold standard just like the globalists needed to destroy the chains of the Constitution. But fear not. The day may come again when the gold standard and Constitution are held in high esteem by people who believe in both.
April 12, 2014 was an historic day for the preservation of liberty. Government tyrants surrendered to Patriots in Nevada. The Feds say it’s not over. They are correct. It wasn’t over at Lexington either.
FYI …Mike Ruppert Committed suicide.
http://www.rawstory.com/rs/2014/04/15/911-truther-mike-ruppert-kills-himself-after-finishing-his-radio-show/
And it was planned according to his assistant.
Always thought he lacked credibility
Well since we’re posting music, might as well post some of my own that seems relevant.
https://soundcloud.com/jonmaclaren/gimme-truth
Thank you Greg for your tireless work and thanks to all those who comment. America is waking up because of all of your efforts. In the meantime, I’ll keep writing music for truth.
Jon
http://www.youtube.com/watch?v=PZx2tUCB9t8#t=27
The govt need to be held to account for the Bundy raid. They shot two of Bundys prize bulls to punish him along with tearing down corralls and watering equipment. Why would a govt do this to a tax payer? And just like the lying sack of cow pies (Reid) did to Romney saying he didnt pay his taxes, he’s claiming the same on Bundy so look for the IRS to be assaulting the Bundys next.
http://www.infowars.com/harry-reid-calls-cliven-bundy-supporters-domestic-terrorists/ except flows
“There were hundreds, hundreds of people from around the country that came there,” Reid said. “They had sniper rifles in the freeway. They had weapons, automatic weapons. They had children lined up. They wanted to make sure they got hurt first … What if others tried the same thing?”
Despite Reid’s characterization of Bundy supporters as “domestic terrorists,” the only violence metered out during the dispute was when BLM agents tasered and assaulted Bundy supporters during an incident on April 9.
No matter where you stand on the Bundy issue, Reid’s characterization of American protesters as “domestic terrorists” is chilling and a massive backlash is almost certain to follow.
It also fits the narrative that the federal government has been pushing for years through literature such as the MIAC report, which framed Ron Paul supporters, libertarians, people who display bumper stickers, people who own gold, or even people who fly a U.S. flag, as potential terrorists. In 2012, a Homeland Security study was leaked which characterized Americans who are “suspicious of centralized federal authority,” and “reverent of individual liberty” as “extreme right-wing” terrorists.
Reid attracted controversy earlier this week when he promised that the BLM’s fight with Bundy was “not over”. The Nevada Senator was hit with accusations of cronyism after his former staffer Neil Kornze was confirmed as the new BLM director earlier this month.
Reid is obviously angry after his complicity in the siege against the Bundy family was exposed and became a viral story. Although many news outlets claimed this issue was “debunked,” Reid’s involvement in a solar farm just 35 miles from Bundy’s ranch is documented. Archived files which were deleted from the BLM’s own website confirm that confiscating Bundy’s cattle was necessary in order to clear the way for lucrative solar deals with transnational corporations.”
Based on DHS, I guess everyone here but the trolls are “domestic terrorists”
How quaint. The real terrorists are Harry Reid, BLM, and DHS.
Great reporting Galaxy..
And, the BLM initially claimed all was to protect the desert turtle. I wonder how all those nuclear tests over Nevada effected the turtles?
I’ll bet Nevada police departments will soon be recieving some of those excess army tank trucks from Iraq.
” Never be deceived that the rich will allow you to vote away their wealth.” ~ Lucy Parsons
Voting is not going to fix anything. False hope in the next “election” cycle will only perpetuate the massive fraud and tyranny against the American people. You can vote the Dems out of office, but nothing will change with the GOP. Both are two heads of the same beast.
Ted Cruz is a fraud who basically wants war with Russia and Venezuela, too. Rand Paul fraud, too, but to a lesser degree. Just listen to George Celente on some good insight into these two shills. Voting is not going to help the American people. Better come up with a better and truly effective approach to taking back the republic.
Sorry, I dont buy that voting doesnt matter. That’s the kind of tripe the Dems want everybody to think. If it didnt matter they wouldn’t be so concerned about being flushed
These interviews are always interesting. However, with so many people seemingly ‘seeing’ a collapse coming, and I guess they are people who might consider themselves somehow to being modern day ‘sages’, I still can’t help but wonder if these views are simply an extreme.
My parents always told me things are never really as bad as they first seem, or are imagined, and for the past 52 years of my life, I’d have to say that’s largely been true. We grew up in a rather lower middle class (probably by today’s standard’s poverty near level) lifestyle, and somehow my dad and mom managed to get us 4 kids through college. Though college tuition at the time, for me was only $3000 per year. And I got a grant to help the first year, and worked during summers and stayed out an entire year, graduating in 5, because there’d be no other way to afford it while having two sisters also in college at the same time, and my parents at one point having two mortgages at 18% interest, since my dad received a mid-career promotion that was desperately needed but occurred during the early 80’s, when houses weren’t selling and the economy wasn’t exactly percolating.
I was used to working hard, because I was introduced to ‘working’ at my grandfather’s business at the age of around 10. I think each generation has its own new definition of what’s hard or ‘scary’, and its sort of a relative thing. Our government and media are pretty good at doing that – scaring people – don’t believe me ? Try the years of when communism and Russia were the concerns du jour of the day.
Perhaps we will have some troubles with our currency, or financial system, but I think its next to impossible to predict outcomes from such a complex system. Mankind makes mistakes. Civilizations do fail. Hard times do happen for individuals, families, cities, and nations. However, mankind is largely an adaptable species.
I think in the end, authors who write books like this on such often sensationalized topics, must go out and talk their ‘book.’ They need to sell books, and they want the income.
And I highly doubt anyone would buy a book, let alone read it, if the topic was ‘don’t worry, everything’s gonna be good forever.’ Though admittedly, there are those types who are all sunshine and roses, like Joel Osteen, who do write those books and seem to make gobs of money, and have a cult-like following.
So call me skeptical, but seriously have to take nearly all of this with a rather heavy dose of saline water.
Mike R,
Thank you for weighing in here. One thing I want you to keep in mind is while many here think there is going to be a dollar collapse, we are in the very small minority compared to the general population. It is still very much a “blue pill” world. The math says collapse is coming and every day you et to prepare is a gift Happy Easter. Let’s all remember to thank the Father for giving us his Son!!!
Greg
great audio interview re: inflation, Ukraine, separatist movement by countries, yuan, gold hoarding, financial fraud investigations, taxes and bail-ins, energy
Dr. Philippa Malmgren
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2014/4/19_Dr._Philippa_Malmgren.html