Countdown to the End

2012 Economic Outlook: Countdown to the EndBy Greg Hunter’s 

Today marks the official one year countdown to the end of the Mayan calendar.  365 days from today will be December 21, 2012.  Some say it marks the end of the world, but others say it is really the end of an era.  An Associated Press (AP) report, yesterday, about Mexican tourism said, “It’s selling the date, the Winter Solstice in the coming year, as a time of renewal. Many archeologists argue that the 2012 reference on a 1,300-year-old stone tablet only marks the end of a cycle in the Mayan calendar.  “The world will not end. It is an era,” said Yeanet Zaldo, a tourism spokeswoman for the Caribbean state of Quintana Roo, home to Cancun. “For us, it is a message of hope.” (Click here for the complete AP story.) 

I don’t know exactly what’s going to happen in 2012, but I am betting a dramatic change is coming.  For most, life will be much harder and people will be much poorer.  You’ve heard of peak oil?  Well, peak credit is also topping out, and it looks like everything will hit the fan next year.  Charles Hugh Smith has a similar 2012 economic outlook, and wrote an in-depth post yesterday where the title describes the entire story: “2011: The Last (Debt-Consumerist) Christmas In America.”  Mr. Smith said, “A funny thing happens when you depend on expanding debt to fund your consumption: eventually the cost of servicing your rising debt reaches the limit of your income, and you can’t borrow any more, unless interest rates decline so you can leverage your income into higher debt. . . .Lowering interest rates extends the era of debt-based consumption, but it only puts off the inevitable crash when the ability to borrow runs out. Eventually the cost of servicing this lower-interest debt absorbs all your disposable income, and the borrowing skids to an abrupt stop.”  (Click here to read the most excellent post from Charles Hugh Smith.) 

Of course, when the borrowing stops, the money printing will begin.  I think we are somewhere between borrowing and money printing with the emphasis on the printing part.  $12 trillion are held outside the U.S. in liquid dollar assets.  In the end, the world will face a currency crisis as dollar holders rush to cash out of an increasingly debased buck.  Is 2012 the year?  We will see.

On the European front, the problem there is getting worse, not better.   Yesterday, the head of the International Monetary Fund (IMF), Christine Lagarde, said, “Currently the world economy stands at a very dangerous juncture.”  Former chief of the IMF, Dominique Strauss-Kahn (DSK), was just as downbeat on the solvency crisis facing the EU.  Renowned market expert, Yra Harris reported on his site yesterday, “DSK was adamant that the EUROPEAN CRISIS was a three-pronged problem: A DEBT CRISIS; A GROWTH CRISIS; and A LEADERSHIP CRISIS. The CRISIS IN EUROPE is further aggravated by the fact that the European leaders seem that time is not of the essence where DSK believes time is not a friend of the Eurocrats. It is of the utmost importance that the CRISIS be dealt with now and not later. Nothing like a dishonored and wounded leader to finally speak the truth.”  (Click her for more from Mr. Harris.) 

In a different interview this week, with Business Insider, DSK had more dire quotes, “…Strauss-Kahn said the firewall to staunch the spread of the crisis “doesn’t really exist”. The €500bn  European Stability Mechanism would only be operational in months when “the question is a question of weeks. The question is not a question of months.”  (Click her for the complete BI story.)  Does the European solvency crisis suck the whole world into an abyss in 2012?  The timing sure could fit nicely with the Mayan 2012 prediction.

Finally, I got an insightful question and comment from a reader named Nathan a few days ago.  He asked, “Hey Greg, you’ve reported news or have been part of the media for a majority of your life. Have you ever seen any year compared to 2011 in your career? The Arab spring, European riots, Historical flooding, droughts, wildfires, tornados, heat waves. Congressional approval of 9%.  The European debt crises.  Nuclear meltdowns and tsunamis.  13 Deadly Earthquakes.  The rise of the East and slow death of the west, 1700 cities protesting the 1% ….etc, etc, etc ? Just wondering? Thanks Nate ….This year’s been like a walk through the Book of Revelations that leads to the doorway of Mayan prophecy.” 

Nate just left out one big wild card that will continue to be played out in 2012, and that is war in the Middle East.  This conflict could go nuclear, and if that happens, a currency crisis will be the least of our worries.   No, I have never seen a year quite like 2011.  If 2012 lives up to just half of the hype it’s getting, we are definitely in for great change.

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  1. Art Barnes

    Greg, 2012 has the making of a wild amusement ride. But most Americans believe the next election will solve all the issues and are lead to believe that all the problems are just the making of the other party, so the next election will fix them; really, really, stupid. Our leaders know different of course but play the game for their own sake. Your article was certainly timely but failed to mention that other times in history circumstances lined up and dark times arose as well. When the Roman empire went down the dark ages began and lasted five hundred years. Great societies went from inside running water and sanitation, full stomachs and warm homes, etc., to living like animals again. This is clearly in my mind what you touched on in your last paragraph. The middle east is one thing, but an economic collapse could trigger a nuclear war which could be sparked without middle east ignition. The middle east is always thought of as a catalyst to a nuclear conflict but in a world of economic collapse I submit that such a conflict may start other places as well. This is the real danger of economic turmoil, a third global war gone nuclear. Greg, this is the hole we find ourselves in, we are on the brink of dark times. One thing is certain, our leaders are not equipped to keep us out of the brink, their small minds are programmed to get reelected, nothing else. That leaves us fending for ourselves just waiting for the ax to fall, pretty grim I admit but reality isn’t always pretty. The average Americans should be preparing for very hard times instead of playing with their electronics. As I said, your article was timely and I hope some Americans as a result of it will wake up and realize we are in for such times and get prepared instead of believing in the next election Santa Clause.

    • marc

      Art Barnes suggested “This is the real danger of economic turmoil, a third global war gone nuclear”. I’m curious about the quantum leap from economic crisis to nuclear war without benefit of logic or fact. A nuclear war requires a great deal more political posturing than is currently underway, along with the lack of specific intelligence chatter to latch on to, and the missing but typical conventional war build up expected before nuclear conflagration is even considered as the conflict of choice.

      Face it, there are hundreds of TEOTWAWKI scenarios, but apply Occam’s Razor and narrow it down to the most likely. What “most American’s Beleive” is irrelevant, belief is a crap game, and is all based on false information supplied by a BS – peddling media.

      We are facing unprecedented debt and social crises the likes of which we have no experience to deal with, other than historical context. It will be harsh, and cruel, and some will suffer terribly, but the majority will keep on getting up in the morning.

      How it’s all going to pan out will be apparent soon enough, but all you doom sayers need to piss off now and get in your mutant proof bomb shelters and wait it out and shut the hell up. i prefer to live and enjoy life and prepare as best I can, and am personally sick to death of the likes of those who assume we are all doomed.

      The ones who will be hit the hardest will be the unprepared, those people who beleive in rights without responsiblity. But the assumption of doom for all is wrought in ignorance and ego.

      Will it be war? Only the dead have seen the end of war, I think Plato said. Same can be said for debt, or starvation, or loss, or unhappiness, or evil. Always been there, always will be. Get a life. XOXO Marc

      • RobV


        So you are saying that the Iranians will never shut down the straight of Hormuz as they are posturing to do now? That the other nations of the world wouldn’t try to trample the Iranians in the dust just to keep the oil flowing and keep the economies of the world from spiraling? If ANY country, much less the United States or Isreal, were to try and force Iran to back off once they have taken that stance, what do you presume their reaction would be? I believe they would not hesitate to use any option, including nuclear arms. Do you disagree?

        You stated:

        “I’m curious about the quantum leap from economic crisis to nuclear war without benefit of logic or fact. A nuclear war requires a great deal more political posturing than is currently underway, along with the lack of specific intelligence chatter to latch on to, and the missing but typical conventional war build up expected before nuclear conflagration is even considered as the conflict of choice.”

        I don’t believe there is any quantum leap of logic or fact in what I have presented. The posturing is already happening, Iran is posturing quite a bit lately. And lastly, I don’t think it would be a very long ‘conventional war’ before the Iranians pushed the button. As a small state in the M.E. they cannot afford to lose face or back down internationally, or the population may choose to join Syria, Egypt, and other counties and rise against the government there.


        • Nuno

          You people give too much credability to nuclear iran

          I think that the US and israel would turn iran into a moonscape
          before the first iran airplane/missile would even leave the ground

          • RobV

            Nuno, not all people think of nuclear war as gigantic mushroom clouds that wipe out entire cities. The major ingredients are two chunks of enriched uranium and a bit of c4 or RDX to make a a gun style nuclear device similar to the ones used against Japan in WWII. Iran has been running its enrichment program for several years (until it blew up a couple weeks ago) and I’m fairly sure they can get the high explosives. Thus I truely believe they can cobble together a rudimentary device. Do I think they have multi-megaton warheads like the US? Nope. But I do think they have nuclear capability, and a small gun type device could be used on a warhead to create a sub-nuclear event, more of a fizzle than a bang. It would still leave radiation scattered all over the place for future generations to deal with, as well as possibly being carried down wind.

      • Woody

        A third world war not on the books? Come on, what about the South Ossetia War (a proxy war between the US and Russian) and the Pakistan invasion by the US in May 2011? Only the Chinese, the US and the Russians know how close we came to WWIII each time. (And if you think that the US went into Pakistan to kill Bin Laden, you’re living the dream. He’s been dead since December 2002 and had not a thing to do with 9/11 [watch Loose Change, In Plane Site, Zero-An Investigation into 9/11, etc])

    • wisefool

      I don’t believe most Americans believe the elections will do anything. We might be dumb, but we ain’t stoopid. It’s getting to the point where the majority now know full well we are being played, but the one con that still works is the vain stream media’s role in convincing the public that if they are aware of it, and hold any patriotic or conservative views, they are alone, which is complete horse manure.

  2. ed

    I think if it’s the end,it will be from our own doing.Like Gerald Celente says when the system collapses they will take us to war.

    • Henry

      I agree.

      Especially the part >> “it will be from our own doing”.

      And, let me add >> “it will be from our own doing, which includes deregulation”.

      This is proof that humans are not as smart as they think they are since “deregulation” unwound EVERYTHING F.D.R. set up after 1933 TO AVOID MAKING THE SAME MISTAKE TWICE!

      QUESTION: What would you think of a drunk driver who mowed over a mother and her infant child crossing the street, who, a year later, did the same thing again?

      I know your answer, and, I agree.

      He should be held accountable, and, if found guilty, should go to jail for a LONG TIME.

      Let’s go to work.

  3. Sean

    I once had an ethnic Mayan tell me that the media circus about the Mayan calendar date amazes the local Mayan population in the Yucatan. Even more amazing to him was how so many naive people actually believe it’s anything different than going from Dec 31 to Jan 1. He was a private guide and we were standing at the foot of Chichen Itza at the time.

    Wouldn’t it be great if you could collapse economies as a means to bring all nations under one economic system, if you could devastate strong Constitutional systems like the US by implementing policy that is so draconian that sovereign US citizens are begging for external international help (just wait until the knocks in the night begin now that Congress has authorized the military operate on US soil to make unwarranted arrests and ship people out of the country without due process), and if you had control of entire armies who had been taught that that they are the good guys so that they would gladly help eliminate foreign governments who refuse to participate in a globalist system that eradicates their national sovereignty.

    And wouldn’t it be even better if you could plan all of these activities to culminate and reach an apex at a period in time where the people have been groomed to expect some level of global calamity and change that was predicted thousands of years ago and is destined to happen no matter who is running the show? Wouldn’t that be a great coincidence? Corporate media broadcasting 2012 for over a decade, happening at the same time that we are witnessing orchestrated economic collapses, political overthrows, and military ventures in nearly all areas of the world.

    After more than 20 years looking at this thing that the oligarch’s call globalism and keeping track of who the decision makers are and where they come from, my personal belief is that when it comes to economic policy, domestic policy, and foreign policy, there are very few coincidences. This includes the efforts over the last decade by multiple globalist media corporations and their various platforms to create a popular perception that 2012 will be a game changing year.

    At the rate things are moving, Dec 21, 2012 is most likely going to be a monumentally important date. But not because of anything the Mayans have done. The date will be important because this is the date that the oligarchs have chosen to focus the people’s attention on, as part of their effort to convince the world that some massive spiritual drive is behind world events when in reality, the drive is coming from a collection of very sick and very powerful individuals whose religion is control, dominance, deception, and self, and all of those surrounding them who believe that they’re working for a better world and that the ends justify the means.

    • Raven

      Perhaps you’re underestimating the intellect and astronomical abilities of the ancient Maya. No one believes 12/21/12 is “the end of the world,” but all the worldwide protests? Dissolving of the EU? You think they planned all this to coincide with a date? Well, if they did, then the ancient Maya were right after all, weren’t they?

      • Sean

        Raven, you missed my point. All of the Myan calendar hype is a fabrication to justify the complete and utter turmoil that is happening planned for this year. Remember that the very same financial organizations who have planned and orchestrated this economic collapse and these wars are also the same group of individuals who control the media corporations and programming that has popularized the Myan calendar theories that will have all of the sheep who don’t understand the nature of globalist control and planning saying that this was the predicted course of human events, when in reality, the predictions were fabricated by those who control the programming. Read Tragedy and Hope by Carroll Quigley (Georgetown history professor favored by Bill Clinton) to understand how complex this is.

  4. niphtrique

    There is enough material to freak you out. The 11-phenomenon and unusual coincidences in recent history that can be linked to the number 11 indicate that there is a script running the events in this universe and that events on Earth are predetermined. The coincidences also suggest that December 21, 2012 is important because the digits of this date added up make 11 (2+1+1+2+2+1+2=11), while it was calculated that the Winter Solstice Sun will come to resolution at 11:11 AM GMT on December 21, 2012. Recently the Winter Solstice Sun resolution time has been recalculated to 11:12 AM GMT.

    Probably millions of people have, at least for a time, observed the number 11 and its multiples many times more than could be expected when watching clocks, license plates or other numbers that should be random. If one checks all license plates, there is no significant preference for seeing the numbers 11, 22, 33, 44 and so on. Those people see the time 11:11 or 22:22 (also times like 5:55, and 16:44) on the clock more than could be expected by pure coincidence while they are not watching the clock constantly or trying to see the numbers 11:11 or 22:22. 69 and 96 may also be part of the 11-phenomenon as a 9 is a 6 upside down. There are a number of sites and message boards about the 11-phenomenon.

    Coincidences are often pairs of similar events. The number 11 is the first double digit number with two equal digits. Therefore the number 11 itself can be seen as a pair of similar events or a coincidence. The 11-phenomenon is sometimes called the 11:11-phenomenon because the number 11 also appears in pairs. An accident rarely comes alone is a Dutch proverb that also can be found in other languages like Swedish. Proverbs are a type of crowd wisdom and crowds are often better at guessing than experts. It probably is not a coincidence that Quran verse 36:36 praises God for creating everything in pairs. Because 36 is also 6 times 6, this verse is also a pair of coincidences like 11:11.

    Two out of three flights hitting targets on September 11, 2001 were from American Airlines. American Airlines uses the characters AA for its flight codes. When the characters of the flight codes are transformed to digits, they both resolve to 11 making an 11:11 combination. Both American Airlines flights had a flight number that is a multiple of 11 (11 and 77), making another 11:11 combination. The first plane hitting a target was American Airlines flight AA11, which also makes an 11:11 combination. Both the World Trade Center and the Pentagon were (first) hit by an American Airlines (AA) flight, making the other flights of secondary importance.

    Both towers had 110 floors, which is an 11:11 combination because there were two towers. Both towers had 99 elevators, which is another 11:11 combination. 99 is also 9 times 11, which makes a 9:11 combination. September 11 was the 254th day of the year while 2+5+4=11. Beginning with September 11, the remainder of the year lasted 112 days, while 112 is the European emergency services telephone number.

    After 99 days of burning, NYC declares the WTC fires were extinguished. The WTC towers collapsed to a height of 11 stories. The first Fire Unit to arrive to the WTC towers was FDNY Unit 1. Unit 1 lost 11 firemen. The total number of firemen killed was 343, which is 7x7x7. On July 7, 2005 (7/7/7 considering that 2+0+0+5=7) the terrorist attacks in London took place.

    The Twin Towers standing side by side looked like the number 11. Adding the digits of each Airplane’s flight numbers yield an interesting series: 11 = Flight #11, 12 = Flight #93 (9+3=12), 13 = Flight #175 (1+7+5=13) and 14 = Flight #77 (7+7=14). Flight AA11 had 11 crew members, consisting of 2 pilots and 9 flight attendants. The numbers of passengers on the planes were 92, 65, 64 and 44. The following observations can be made: 9+2=11, 6+5=11 and 44 is a multiple of 11, while 4+4=8, 8×8=64 and 64-44=9+11. A number of names of people, items and places that have played a significant role in the events consist of 11 letters, for example: George W. Bush, Air Force One, New York City, The Pentagon, Afghanistan and Saudi Arabia.

    On September 11, 1990, President George Bush sr. stated that the Persian Gulf War presented an opportunity for a New World Order to emerge. Exactly 11 years later on September 11, 2001, the terrorist attacks on the World Trade Center and the Pentagon created another opportunity to move toward a New World Order. The next year on September 11, 1991, Bush gave another speech on the New World Order. On September 11, 1994, a small plane was stolen. It crashed on the lawn of the White House the next day. The construction of the Pentagon started on September 11, 1941.

    On September 11, 2002, exactly one year after the 9/11 attacks, the winning numbers drawn in the New York State Lottery were 9-1-1. Because there were two such draws, the odds of randomly drawing these numbers was around 1:500.

    The official 9/11 Commission started its work on November 27, 2002, while 2+7=9 and November is the 11th month, making a 9:11 combination. The year 2002 is a multiple of 11. The Iraq War started on March 20, 2003. Rewriting the date to 20 March 2003, results in the numbers 20/3/2003. The numbers 2 and 3 appear in the date as well as the year.

    On May 2, 2011, Osama Bin Laden alledgedly was shot and killed inside a secured private residential compound in Abbottabad, Pakistan, by U.S. Navy SEALs in a covert operation ordered by U.S. President Barack Obama. May 2, 2011 can be rewritten as 5/2/2011 while 5+2+2+1+1=11.

    There is much more of this.

    • Greg

      Thank you niphtrique for the content and comment.

    • droidX-G

      Last time I saw math like this it was a statistician stating that every one that ate a pickle in 1801 died therefore pickles are poisonous. No man knows the time of the second coming. Merry Christmas and God Bless

      • niphtrique

        Well, there are many coincidences that could be interpreted as meaningful, but are they?

        For example in pop music: “I am the one the only one, I am the god of kingdom come”, is a line sung by Queen in the song Gimme The Prize.

        The curious thing is that the song is sung by Queen, and this may imply that God is a woman. But is the coincidence meaningful? If God turns out to be a woman, then it probably was.

        Anyway, there is much more of this material, for instance:

        The Berlin Wall fell on November 9, 1989, which can be written as 11/9. Therefore the two most important historic events after World War II were on 11/9 and 9/11, making an 11:11 combination (9+1+1=11). On September 11, 1989 thousands of East Germans started to cross the Austrian-Hungarian border to emigrate to West Germany. This set in motion the events that lead to the fall of the Berlin Wall two months later. This date also being September 11 creates another 11:11 combination, which is further indication of a design behind history. 1989 was also 11 years before the turn of the century.

        The end of Word War I was on November 11 (11/11), 1918 at 11:00 AM. The assassination of Archduke Franz Ferdinand initiated World War I. Coincidentally, at the time of his assassination, the licence plate number of Franz Ferdinand’s car was AIII 118, which can be seen as a reference to the date of the armistice ending the war. One of the most important dates of World War II was D-Day on June 6, 1944 (6/6/44). 66 and 44 are both multiples of 11. The date was not planned by the Allies as the invasion had been postponed due to the weather conditions. Because there is no agreement on the commencing date as well as the end date of World War II, while the Battle of Stalingrad took more than two months, D-Day probably was the most important single date of World War II.

    • Joe Blotz

      You’re crazy! Numerology? Give me a break.

      • niphtrique

        We live in Weirdyland so you have to be open minded. If you want proof of the existence of God then here you have it. Maybe it is not the way you think God is, but God is the Great Unknown as the Bible is written by humans.

        Our existence appears to be within a matrix type virtual reality, and God did no effort to hide this. Look at the following:

        Another coincidence referring to September 11 can be found in the film The Matrix which was made in 1999. About 17 minutes into the film, a file folder is shown containing an image of the passport of the main character Neo (see picture to the right). The expiry date of the passport is September 11, 2001. This is remarkable considering the fact that the coincidences surrounding September 11 demonstrate that we live in a virtual reality similar to The Matrix.

        In 1978 a book called The Birth of Christ Recalculated of the author Dr. Ernest L. Martin was published. He claimed to have calculated the exact date of Jesus Christ’s birth, based on the celestial charts for that era. The calculated date was September 11, 3 B.C. (9/11/-3). 11 and 3 are the numbers of the date March 11. One of the themes of the film The Matrix is the return of Christ because Neo symbolises Christ. The film also shows a database record with March 11, 1962 as the birthdate for Neo (and not September 13, 1971 as on the passport). In this way both the dates September 11 and March 11 can be connected to the birth of Jesus Christ … in The Matrix.

        You can verify it yourself. It is on The Internet.

    • Diane Carol Mark

      During the mid-1990s I had an interview with a highly revered Master in South India. During the interview he gave an example that I’m sure you’ll find significant: when you bring both hands together in prayer, one hand symbolizes the 5 organs of sense, while the other symbolizes the 5 sheaths or coverings of man. These are the gross physical, mind, intellect, vital air and bliss as the most subtle. But, as your hands are clasped together, they form 11 which symbolizes the true self, the individual soul.

      Wishing Greg and all his readers a very merry Christmas and a very happy new year!

      🙂 Diane Carol


    Hi!, US Watchdog Audience:

    I’ve had both main arteries in both of my legs replaced with artifical arteries by two seperate surgeons. It was recommended that I use a riding lawnmower to mow my yard which is around 3/4th of an acre. So far, due to rampant theft probably spawned by our recessionary environment, two riding lawnmowers have been stolen and so I no longer feel safe even within the confines of my own yard/home. I hope this doesn’t get worse for me nor other disabled persons in 2012? Turning the thefts into the police didn’t help plus those who know my lawnmowers were stolen don’t seem to really care, because it didn’t involve anything of theirs being stolen. You work and purchase such items so thieves can steal them from you is the new get ahead economy of the US?

    [email protected]

    • Todd

      Russ , if you were my neighbor id mow your lawn for ya. and hunt down the thieves, im good at that ,I tracked a truck on pavement 6 mles and confronted the perp that did damage at my home quicker that it took to talk to the police that morning.

  6. rio

    Happy holidays, Greg. Thanks for your efforts on this site.

    • Greg

      Merry Christman Rio and thank you for your support.

  7. Hoppe

    The Middle east will not go nuclear. As strange as it seems, at least for now, the Russians are going to force the peace, by the “mutually assured destruction’ doctrine, with their military ( nuclear) presence in the southern Med.

    Israel and American neo-cons are itching for more war in the region. I never thought I would say, thank God for the Russians.

    Ohm, BTW I have discovered the RT news on TV. Finally a news report less spun and biased than either Fox of CNN.

  8. Jimbo in limbo

    Jubilee. What’s old is new again.

  9. Sean

    In other news, the Canadian government is rounding up a Mossad spy ring that’s been operating in and around Ottawa, the Canadian capital. Here’s the link:

    This is very similar to the Mossad spy ring that was rounded up in the US in the days near 9/11. They are working in malls and posing as art students who were going to homes and schools of ranking defense, intelligence, and political officials. The message they were sending was “we know where you live and where your families are”. FOX News did an indepth report that was aired once and hardly ever mentioned again, with US officials stating that their connection with 9/11 is classified.

    I wonder of any of the Mossad agents in Ottawa are the same as those who were deprted by the US back in 2001?

    Get ready for a possible event in Canada that will draw Canada and NATO forces into conflict with a nation whom Israel claims to be threat. Possibly Syria or Iran, or maybe even Pakistan.

  10. S.Parky


    The article you list under “top stories” (on Dec. 21) citing 14,000 US deaths from Fukushima is a press release. Did you check out the reputation of the organization that posted this press release?

    • Greg

      No, tell me about it. What do you think is going on? Really. If it is false I’ll take it down.

      • Kmac

        Don’t know if it is accurate, but it is a press release.

      • Sean

        I’m not seeing anything bogus in this report. We all know PR Newswire. They’re affiliated with thousands of publications who subsribe with them to distribute content. No issues here. Additionally, the International Journal of Health Services is among the top five cited medical journals in the world and is managed by Baywood Publishing, which is owned by Stuart Cohen, with no apparent agenda’s etc. I didn’t dig down to the report authors but regarding the organizations who posted this, I see zero credibility issues.

    • Greg Strebel

      This sounds like a projection based on junk science, specifically the “Linear No Lower Threshold” theory. This theory has some superficial logic to it, but is actually totally inapplicable. Here is what it posits in the case of radiation exposure: If there is a release of radionuclides which would be sufficient to give a lethal dose if one individual was exposed to the whole does, then if that same dose is distributed among 10 individuals, or 100 individuals or 1000 individual etc, then one of them will die. That is, there is one lethal dose released and therefore one individual in the affected population will die. This is the basis for projections for mortality increases due to radiation exposure for every event that ever occurs (Three Mile Island, Chernobyl, etc).
      Analysis of the data shows this assumption is completely unfounded, and indeed, this assumption should have been recognized as inappropriate because this is not how exposure to any agent works. For example, 40 oz of hard liquor is probably a lethal dose for one man, but if distributed among 40 men it will be barely noticable. Similarly exposure to infection, to ultraviolet light in sunshine, etc. Another counter-example is medication. A very small dose of aspirin or insulin or ??? may not have a noticable effect, a larger dose may be therapeutic, and an excessive dose will be harmful.
      All living creatures evolved in an environment in which there is a small amount of naturally occuring ionizing radiation. And each living cell has one of the results of that evolution, namely a DNA repair mechanism to handle the damage caused by radiation. This repair mechanism can be overwhelmed, but at low levels of radiation exposure, it is actually stimulated. There is good documentation of experiments showing that lab animals exposed to low levels of plutonium radiation actually had lower lifetime incidence of cancer than the zero-dose control animals.

  11. therooster

    The popularity of monetizing personal gold and silver will pick up greatly. People do what other people do and most won’t realize that the collective movement of PM monetization is adding to liquidity and allowing debt based fiat to be purged. Gresham’s law is reversing even now as it was predicated on FIXED gold & silver values ….. not real-time values that could rise.

  12. citizen ron

    right. “change” is what was promised, “change” is what everyone is going to get.

    it’s called COLLAPSE. it’s happened to every empire.

  13. william chase

    People speak of the “Last Days”. Friend, the last days started when a child was born in Bethleham. It will all end when He returns again.
    Like the bell ringing at the last class of the day, it will be time to go home. Some to be with him and some to judgement.We are living in the “Last Days”.

  14. M SMITH

    Greg, the year is not over yet, I expect to see more crapoa hit the fan, still millions rely on the MSM for what is going on in the world. I asked a person I see often at a store I visit, I asked her, did you know congress passed a bill called NDAA that if signed by Obama, would give him the power to deploy U.S. military troops in the streets of the USA if he deemed them a threat to the security of the USA & her answer was no, she said she watchs the news nightly & had not heard one person speak of it. I also asked if she knew what SOPA was, again,no! I wrote down you site & passed onto her, I will see her soon & see how much she has learned!

    The ever growing size of the police in plain cloths & uniform is increasing even in the rual back roads where I live. The amount of stops of people of all ages makes me wonder what they are looking for, a old man & his wife who I know were being searched, for what, could it been the Ron Paul sticker on the back bumber? I will find out what is was all about as soon as I stop at the country store!

    2012 will be nuts compared to 2011, I was shopping for a storm shelter yesterday & the guy said he had a record sales so far this year. As Armstrong said, all things comes in cycles & we may be in for some wicked weather in 2012 & so far I have had only minor damage but just a 1/2 mile away was a total wiped out. It best to be prepared for any thing, because the path our Power Elites chose will be very bad/sad for millions who still rely on the MSM & believe the Propaganda being force feed to them. Last night on Fox Buiness, the anti Ron Paul groups were out in force, pointing out how he would let a nuke take out a major U.S. city, hell, it does not matter who is president, if someone wanted to take out a city it could not be stopped because of the the actions of congress. They have cause more harm to our National Security by passing bills taking away our freedoms so they can fool the people into giving up their rights. If only people really knew what is going on behind the curtain, I fear they soon will find out the hard way. As always, great work!

  15. kenny

    We are presently living on the threshold of calamity these facts are undeniable to all but the brain dead…….. the word of GOD has been echoing these facts for 2000 yrs……the heart of man without God is deceitful above all things and desparately wicked…….and the love of money is the root of ALL evil…..not some evil but ALL evil……read THE BOOK OF REVELATIONS.

  16. steelerdude

    Yup Greg…you hit the nail on the head….2012 will be the year.
    Merry Christmas and Happy New Year (I think)…
    God Bless

    • Greg

      Thank you steelerdude and Merry Christmas to you.

  17. Dennis

    Another timely article! Your sentiments tie in nicely with William Strauss and Neil Howe’s 1997 book, “The Fourth Turning”, an American Prophecy. I’m reading it again and it’s spot on. They suggested our ‘4th turning period could begin around 2005. With the height of the real estate bubble in ’06 and everything heading down since then, I believe they hit it. The huge societal mood swing seems to be in play also. A crisis will happen but not likely the real thing as soon as 2012. More time and aging of generations is probably required. Perhaps another 10 years before we come out of this and likely it will be the worst hard times anyone alive will experience.
    Something I’ve been watching for several years and ties in with Chuck Smith’s theme is the use of storage facilities in this country. I’d guess we have somewhere between 6 and 7 million of them, full of ‘stuff’ that nobody needs but which helped propel the GDP from 1982 onward. Every year in my area, I see more people disposing of the contents in garage sales. Likely they have realized how crazy it was to spend income on storage of things they didn’t really need or want any longer. Some facilities near us are 30-50% vacant and I believe it will get much worse as people try to reclaim the good times that are no longer here.

    • Greg

      Thank you Dennis for the comment and additional content.

  18. Mark Lytle

    2012 is a big deal, really. For insight, look at this graph from Wikipedia:

    If you can read and interpret a stock chart, you can tell what this chart is saying:

  19. Mark Lytle

    I just tested what I linked, it prints out real small. Try this one, it’s better..

  20. hbeachrealist

    Looking forward to hearing you on Alex Jones!

  21. Brad P

    Another good one Greg. How could anyone be long equities in this enviornment? Not this space cowboy. Since we are talking prophecy here is one for you. For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noah entered into the ark, And knew not until the flood came, and took them all away. Some things never change I guess. Beem me up Scotty!

    • kenny


  22. ONTIME

    Well here we go again, Y2K did not make much of a impression after the loonies ranted on about the end is near, no Halleys comet hats were sold and noe w have to deal with more mythology about a bunch of folks that walked away from their cities. Probably the left finally forced their hand and they just said, “Go to Hell” and left for a better life.
    I have no intention of leaving earth, where would one go anyway that has all the comforts I enjoy. I am not selling or giving away my belongings, wealth or holdings, don’t even ask. If me an Ol’ Ma nature lock horns, won’t be much of a fight, if she screws me then I’ll just have to take it like a man and be glad it ain’t Pa nature.

  23. Brad27

    Hi Greg,
    When I hear talk of preventing a nuclear attack on a US city I think of how easy it would be to pull off the attack. It cannot be avoided unless we stop all ship traffic into our ports. People talk about unloading all the millions of containters or having detection devices but it is all a totally useless exercise. A ship sailing into any port carrying a container with a nuclear bomb inside could be detonated at any time even before docking. Even from twenty miles off our shores a ship could launch with the simplest of missile platforms. God has prospered us as we have followed him. It seems as we have rejected Him as a nation his protection is being withdrawn and we are left to our own devices.

  24. Sandy

    I think the Mayan calendar was the work of extraterestrial that realized human beings were such idiots they wouldn’t last more than 1300 years. I recently saw a poster that stated “Never underestimate the power of stupid people in large groups”. It seems you see it in the news every day.

  25. Brester

    Dec. 21, 2012 will be the end of a day.

    That,s all.

    • Greg

      It’s what’s coming between now and then is what’s bothering me.

  26. Fnpmitchreturms

    I was sitting here thinking about all of the so called paper assets and I realized that paper is just that paper; while physical possession is completely another

    The big fight will be for the physical assets!

  27. Nathen

    Thanks for another very thought provoking article. IMO, you are the at the top of the heap of the very few TRUE news and information outlets for those of us who have “awakened”. From economic news such as the mortgage debacle, the Euro/debt crises, coming crashes etc. to 2012 and all over the broad spectrum, you continue “hitting’em outta tha park”. Thanks for your tenacity, perseverance and honesty. I hope that you and yours have a very merry and blessed Christmas and a prosperous new year…. 2012 and beyond. And always remember, “Good things come to good people”…. I think you’re one of the good ones.

    • Greg

      Thank you for your kind words and support. Are you the Nathan I quoted in the “Countdown to the End” post? It was a really good quote man!!!

      • Nathen

        No, not the same Nathen. Although, I do concur with his assessment and often have tha same general question every time you report on the VERY significant story/situation…… “have you ever…..?” Why the subjects and issues on which you report aren’t blasted at max volume on every single “news” station and printed in bold headlines in every “news” paper used to completely baffle me. Stories that SHOULD make every single US citizen completely irate and overcome with disgust always take a back seat, usually no seat at all, to mind numbingly idiotic fluff such as the style of some Hollywood starlett’s evening gown or more often some sordid affair that has absolutely no bearing on the lives of We The People, or is of no consequence to our well being. Now, BILLIONS of dollars in segregated account holder funds held and managed by a supposedly federally regulated financial institution “growing legs” and no-one held criminally liable for the funds walking off….. That story should indeed be seen as somewhat important to even the most average of citizens, but due to mass “zombiefication” of the US public in general – in most part by the afore mentioned “news” outlets – most Americans have no clue as to what that story (billions “walking off”)refers to, let alone HOW it affects them…. But, I’ll bet most could tell you who is on next month’s Playboy cover. Sad sad sad. I reiterate the other Nathan’s question and comment; “Have you ever….?” Indeed it does seem as if we are walking through the last book of The Holy Bible, not that the FORMERLY main stream would report on it. I’m glad you and the very few others like you are still in the business of INFORMING. Thanks again,

        • Greg

          Thank you Nathan for your answer and good comment.

  28. donna

    Hi Greg, I followed you over from JSMineset. Today I was listening to Alex Jones and what a surprise! You were great. Keep up the good work. Donna

    • Greg

      Thank you Donna for the support and follow!!!!

  29. hbeachrealist

    Hey, Greg!

    You were GREAT on AJ today!

    Great to see 2 great Patriots speaking together!

    • Greg

      You have given me a high complement. Thank you !!!

  30. Kevin

    Solid writing Greg, thank you. Love the cartoon, I posted it on my FB. Check out this episode of Leonard Nimoy’s ‘In Search Of’ from the early eighty’s I think. It says the end date is Christmas Eve this year, not next year. Start out at the 4:20 mark and it comes up in a few second.

    Merry Christmas!

    • Greg

      Thank you Kevin and Merry Christ,mas to you and yours.

  31. Tom

    Why Greg?
    Is the US$ going to rise?

    Like it did in 2008.
    Like it did today.

    • Greg

      If you think the fundamentals for the dollar are good then hold all you can. This is not a trading site. I do not give that kind of advise. If you compare gold’s performance to the dollar’s in the last 10 years, 5 years, 1 year…it is clear the dollar has been a weak investment. Enjoy you temporary gains. The dollar may gain even more if the Euro collapses but that will not make the buck a long term hold either.

  32. rolf

    beam me up, Scotty. There is no intelligent life down here.

  33. Herman Gerbils

    And we will all go down together, yes we will all go down together. Merry Christmas and Happy New Year Greg, always read your stuff and enjoy your Coast to Coast spots, will check out you and Alex (Alex and F William Engdahl among many others really opened my eyes).Thanks for letting us vent, you have the most civil reader comments on the web, I rarely comment anywhere else. Peace

    • Greg

      Herman Gerbils,
      Thank you Herman. I agree with you and not only are the people here “the most civil” they are also some of the brightest. I learn a lot from the folks who comment here!!

  34. Brenton

    Well after reading about all these problems in the world I find myself appreciating each day mor and more and really noticing how much living I can do into a day. Let’s not forget in all this calamity we are still by far the most prosperous generation in all human existence. I think we’ve squandered a heck of a lot of it but while there is still time on the clock there is always the opportunity to recognize that and be grateful.

  35. Abra

    366 days, you forgot it’s a leap year … adjust your calendar people .

  36. John

    Liquidity is the key for most of 2012. Stay liquid in dollars that you can fold (cash) coupled with silver and gold coin located on your own property (that is paid for in full). Basic survival supplies are wise also. Your “credit status” should be debt-free. The Mayan calendar means nothing as it never has. It just makes interesting documentary for the History Channel.

  37. Norm Ezzie

    As I sit here and sip my morning coffee,reading these posts….I just had to plop in my CD of Johnny Cash’s song “Goin By The Book”- may I suggest here you too can pull up that song on You-Tube- ease back a little bit and hang on….and as J.C. sings it….it is “goin by the Book”

  38. Gary

    A friend lead me to this website some time ago. It’s one of the only places I trust to find the real news. Thank-you Greg for sharing with the rest of us.

    It’s interesting how these words seem to fit right about now:

    “Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you. Be patient therefore, brethren, unto the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth, and hath long patience for it, until he receive the early and latter rain. Be ye also patient; stablish your hearts: for the coming of the Lord draweth nigh. Grudge not one against another, brethren, lest ye be condemned: behold, the judge standeth before the door.” – James 5:1-9

    • Greg

      Thank you Gary and Merry Christmas.

  39. mark

    Tyranny, plane and simply tyranny. They have stated they work toward a new world order, fundamental change. Can’t be more clear then that, can it. They state it, then they work toward it. The list of unconstitutional actions is long, when any one should be enough, we the people do nothing as a long list grows… where are the leaders that are not bought and paid for, not in the GOP. Otherwise they would use the primary as a platform to point out the obvious. A coup d’etat has occured. Our goverment is a misnomor. It is not ours any longer. I hope and I do pray often, that each and everyone here who recognizes that what is said here is true, prepares for the coming day when ‘we the people” stand up for our Republic, and take back our control of this nation. Those who control it today, do so illegally, as every action substantiates. It is done intentionally, they are not inept, it is the intentional destruction of this nation in order to usher in one world government. Consider the Federal Reserve secretly loaned out sixteen trillion dollars to the banks between 2007 and 2010, (devaluing the dollar further). Tn the last three years the government has imported six million foreign workers on work visa’s, meaning to come they had to have a job lined up. How does this help American workers in our times of great unemployment.
    America’s manufacturing base was moved to China due to the governments horrible regulations. It was not because our company’s wanted to move, they were forced to due to financial realities the govet. foisted on them. Consider the EPA and it’s efforts to make carbon dioxide a pollutant, hay a pollutant, dust a pollutant. The farming community is under egregious attack by govt. with the goal and effect being food prices going out of sight. This is but a tip of the iceberg of the efforts this tyrannical gov. is guilty of. We the people are the enemy, we the people are being set up as our nation is plundered as we are plundered.
    The end of the day will come, the question is simply this, will we the people stand against the tyranny. And the only way we can, is if each of us are prepared, educate others, the day is coming. God, guns n grub. Stock up and get ready for a great tribulation is coming.

  40. mark

    I also agree with the poster who stated the Mayan thing is a set up. I have eluded to this in the past. Consider that Hollywood is “the history channel”… They have rewritten history fully. Anyone who knows history and the deception they want to foment on the people can easily discern their versions are often way off traditional history, usually with a social justice twist, or an attack on traditional morals… Hollywood is responsible for this whole Mayan thing, and like who can really say what those symbols really mean, some “national geographic hand picked archeologist”…who’s brother runs east anglia, and heads up the carbon is a pollutant hoax…man oh man, we are in deep trouble given the depth of their deception.
    Great article, here.
    Don’t forget Russia and China are backing Iran, the nuke exchange could be a reality. “the apocalypse equation”. Audrey Thomason, wrote it, and works in the Obama administration. Mutual agreed exchange of nukes as a way to cull the population of those less desirable who are bunched up in the city’s…racist elitists…in the end regrouping the world under a new world order. Sick bast…s.

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