We’re in a New Recession-John Williams
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
At the beginning of 2015, economist John Williams predicted the U.S. economy would continue to slow down to stall speed, but it is much worse than that. Williams explains, “I’ll contend we’re in a new recession and recognized likely to be timed from December of 2014. . . . The downturn in 2007 wasn’t recognized until the end of 2008. I think by the end of this year, people will recognize the economy turned down in December of 2014. I’ll tell you why I say that. There are a couple of very solid leading indicators . . . of the broad economy. One is industrial production. Industrial production contracted in both the 1st and 2nd quarter of this year. Those are the official numbers out of the Federal Reserve. Estimations for industrial production are for continued contraction. Industrial production used to be the GDP measure. . . . Retail sales contracted in the first quarter, adjusted for inflation. Year over year growth have dropped to levels you only see in a recession. It’s the same thing again with industrial production.”
So, what is the next move by the Federal Reserve? Williams says, “I think the Fed has lost control of the financial system. I don’t know quite what they are going to do, but they are not able to do what they want to do. They want to raise interest rates. They had an opportunity back in June . . . they announced rather formally . . . that they were going to raise rates in September . . . and that didn’t happen. The markets began to move around, and said they said the economy is too weak and were (the Fed) not going to do it.”
For people who thought the economy was fixed by the Fed after the 2008 financial meltdown, think again. Williams contends, “In 2008, the system was in crisis and in a crash. The financial system was on the brink of collapse—no question. Most people recognize that, and people like to forget it. We have never recovered from that. The Federal Reserve and the federal government did everything they could to keep the system from collapsing. . . . They keep the system afloat, but they didn’t do anything to fundamentally address the problems that got us there. So, the economy is still in trouble. The banking system is still shaky. The federal deficit is still there, and long term solvency issues are still there for the United States and are still in place. None of the big issues were addressed.
What the Fed did with all of its bond buying and money printing did not fix the system, and Williams says, “I think we are going towards a QE4. . . . All that is bad for inflation. There is a point here where the dollar is going to take a tumble.”
Join Greg Hunter as he goes One-on-One with economist John Williams, founder of ShadowStats.com.
(There is much more in the video interview.)
After the Interview:
Williams also warns that people should have some stored food and water in case of emergencies. A sudden economic meltdown could cause supply disruptions. There are some free updated statistics and information on the home page of ShadowStats.com. Williams also sells a subscription. It’s the same detailed reports he sells to fortune 500 companies and hedge funds clients. Click here to subscribe.
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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 used to joke that there was nothing wrong with Washington that 10 megatons on the capital couldn’t cure. But I don’t say that anymore. Partially because it’s too dangerous, but mainly because it’s now untrue. What’s now needed is 10 megatons on the capital, and four more bursts in a quadrant 10 miles out.
In many ways, Washington models itself after another city with a Deep State, ancient Rome. Here’s how a Victorian freethinker, Winwood Reade, accurately described it:
Rome lived upon its principal till ruin stared it in the face. Industry is the only true source of wealth, and there was no industry in Rome. By day the Ostia road was crowded with carts and muleteers, carrying to the great city the silks and spices of the East, the marble of Asia Minor, the timber of the Atlas, the grain of Africa and Egypt; and the carts brought out nothing but loads of dung. That was their return cargo.
The American Deep State rotates around the Washington Beltway. It imports America’s wealth as tax revenue. A lot of that wealth is consumed there by useless mouths. And then, it exports things that reinforce the Deep State, including wars, fiat currency, and destructive policies. This is unsustainable simply because nothing of value comes out of the city.
Doug Casey http://www.internationalman.com/articles/the-deep-state
They are overwhelmingly white, rich, older and male.
http://www.nytimes.com/interactive/2015/10/11/us/politics/2016-presidential-election-super-pac-donors.html?_r=1
Allen That is sick. We have Moral decay caused by legal drugs handed to unemployed people without hope. Economic structure that has fallen because of the pyramid scheme has run its course with no more victims to claim. Now we clearly have no Political structure to know our votes will count to have any positive change. Run for cover ladies ,and gentlemen.
@JC Davis you got that right bub
Bingo!
Allen, I have to agree with your blogging that America produces nothing, basically just a consumer society now. Like ancient Rome, it also holds its empire together, getting its goods cheaply, by military power. Allen and America, America like ancient Rome is starting to burn all the while the political Roman circus are out pandering for votes; another similarity of the Roman Senate playing games with the imperial president(Ceasar(s).
Allen … Good analysis of our current situation … “Rome (Washington) lived upon its principal (fiat paper) till ruin stared it in the face. Industry is the only true source of wealth, and there was … no industry … in Rome (Washington only pushes paper but doesn’t produce any real products). By day the Ostia road (the Beltway) was crowded with carts and muleteers, carrying to the great city the silks and spices of the East, the marble of Asia Minor, the timber of the Atlas, the grain of Africa and Egypt; and by night the carts brought out nothing but loads of dung (from Washington).
Williams was the same guy calling for hyperinflation by the end of last year.
Yes, maybe the “black swan” is that nothing happens.
That would be a real black swan, since it is regarded as impossible by so many.
Time is what prevents everything from happening at once.
ITS THE END OF THE WORLD AS WE KNOW IT.
This must be a big money maker topic all the so called top money people that are on Greg Hunters site been talking dooms day for 10-15 years now. I guess if they live forever one day they might be right. I did notice that everyone of them is selling the gold market. I remember the last doom day was here and all these little whole in the wall shops sprung up buying everyone’s gold dirt cheap. Anything to cheat a lesser person for self gain seems to in play here as everywhere else. greed has no shame here. do read below
Many of the prophets of doom also said that the dumping of U.S. debt would come as America’s budget deficits continued to rise from the record $1.4 trillion print back in 2009. Instead, deficits have been slashed by more than 50 percent and are now less than three percent of U.S. GDP.
In other words, the world is not choking on U.S. debt, instead, there is a relative shortage of it.
As always, it is easy to predict the end of the world, as we saw on the night of the “blood moon,” and again on Sept. 23 (another date with supposed apocalyptic significance). But the end of days never arrived.
The doomsday clock may still be ticking, but the time bomb is more likely to go off outside the U.S. while bonds remain the world’s safest and most resilient economic bomb shelter.
check this guy out all laid back like he’s the know all man. the only thing this guy knows is eating and ripping off lesser people then he
ITS THE END OF THE WORLD AS WE KNOW IT.
This must be a big money maker topic all the so called top money people that are on Greg Hunters site been talking dooms day for 10-15 years now. I guess if they live forever one day they might be right. I did notice that everyone of them is selling the gold market. I remember the last doom day was here and all these little whole in the wall shops sprung up buying everyone’s gold dirt cheap. Anything to cheat a lesser person for self gain seems to in play here as everywhere else. greed has no shame here. do read below
Many of the prophets of doom also said that the dumping of U.S. debt would come as America’s budget deficits continued to rise from the record $1.4 trillion print back in 2009. Instead, deficits have been slashed by more than 50 percent and are now less than three percent of U.S. GDP.
In other words, the world is not choking on U.S. debt, instead, there is a relative shortage of it.
As always, it is easy to predict the end of the world, as we saw on the night of the “blood moon,” and again on Sept. 23 (another date with supposed apocalyptic significance). But the end of days never arrived.
The doomsday clock may still be ticking, but the time bomb is more likely to go off outside the U.S. while bonds remain the world’s safest and most resilient economic bomb shelter.
Good on you Greg for setting the record straight with regard to the term: ‘Moderate’
‘Moderate’ is simply a cloaked approach in an attempt to be seen as non-threatening – i.e., spineless by any other definition. People mistakenly think that by not ‘offending’ anyone by wearing a ‘Moderate’ hat, they’ll fit in better and rather selfishly save themselves of having to ‘bear a cross’ for a particular position that may not be in favor.
Thus, I present:
‘Moderation’
https://www.youtube.com/watch?v=–375PlwiCw
Agent P
Thanks for the great video recommendation.
I would like to add two more:
Barry Goldwater: On the Failed Liberal Agenda
https://www.youtube.com/watch?v=PzrHR9-LdTM
Barry Goldwater: As True Today As He Was Then
https://www.youtube.com/watch?v=9wUGqiAycx4
Agent, moderation has given us political correctness and the loss of the American way of life, which, I submit also equates with Christianity.
art barnes,
I cannot equate Christianity with Moderation and it’s daughter , Political Correctness; neither equating it with the loss of the American way of life. Either you are painting with a brush-stroke too broad; or make associations that are not valid.
Many, many good people who are not Christian, but essentially moral and tolerant have been trampled by Liberals and ungodly agendas. I submit that Christianity has been betrayed and badly treated for extending good-will toward other not like themselves. Perhaps it was inevitable that Freedom would be overturned by it’s own exercise, tempered by virtues less than those which founded it. CH
A very profound statement Charles … “Christianity has been betrayed and badly treated for extending good-will toward others not like themselves. Perhaps it was inevitable that Freedom would be overturned by it’s own exercise” … makes one think that turning the other cheek “too often” can have grave consequences … this is the reason we must eventually say “enough is enough” and stand up to evil “wherever we see it”!
“Tough Love”?
Excellent explanation of “moderate”
Greg: Excellent video quality on Mr. Williams’ end.
I am reading more and more articles in traditional media exposing cracks in the economy. The most recent is an article in Reuters dated 10 October and titled “Central Bank Cavalry Can No Longer Save the World”. Link: http://www.reuters.com/article/2015/10/10/us-imf-cenbank-idUSKCN0S40VE20151010. I have this image of Janet Yellen kneeling over Uncle Sam (representing the U.S. economy), vigorously administering CPR, and yelling, “Breath Damn’t, Breath!”
When the traditional press begins to write about failed attempts by the central banks, especially after singing its praises, you know that events are unfolding that can no longer be ignored. As so many guests have discussed on your program, it’s all about confidence in the Fed. When it’s gone, it’s gone.
Meanwhile the Middle East is imploding. You can trace all of this back to President Obama’s June 2009 speech in Cairo. Words really do matter and so do the consequences.
Thank you David. John Williams has been working on his technical side and it worked well.
Greg
Speaking of words spoken by Obama when he visited Egypt in 2009, he told Aboul Gheit, Egypt’s foreign minister, “I am muslim.”
This was reported about that meeting:
“Aboul Gheit said he had a one-on-one meeting with Obama, where the US President told him that he was still a Muslim, the son of a Muslim father, the step son of Muslim stepfather, that his half brothers in Kenya are Muslims, and that he was sympathetic towards the Muslim agenda.
Aboul Gheit claimed Obama told the Arabs to show patience. Obama promised that once he overcame some domestic issues, like the Health care reform, he would show the Muslim World how to deal with Israel.”
So we have a muslim in the Oval Office.
Further, Hussein Obama is a socialist, with deep socialist roots. A socialist muslim is certainly a strange being, which explains much of Obama’s strange “policies”.
In my opinion, this goes a long way toward validating the widely-held idea that Obama hates traditional America.
So we have as president a man who hates our traditional values and
our traditional economy. If he is indeed a muslim he must naturally also hate the Bible, Jesus and Israel, and would do whatever he could to bring them down.
Muslims revere Jesus as one more prophet!! At least get your facts straight.
Yes SK but they staunchly believe he is not the Son of God.
Greg
And Jesus a lesser prophet than Muhammad
SK WHAT? That is to stupid to be stupid.
Quran, 19th Sura, Verse 33, genius! Check it out. By the way the first one is “too”.
I don’t need to read the quran to know they want me dead because I believe in Jesus. There actions speaks louder then there Quran.
If I were a prophet with signs and wonders do you really think these radicals would not kill me ? Think .
Yes, and the commander in chief placed his hand on the Bible twice and swore upon it, which I have done a lot of research about that, a Muslim is allowed to lie, steal, cheat and or kill an infidel to promote Islam, in fact, in some circles of Muslim thought, its actually encouraged for them to do that. I do believe that Obama made that comment, that he is in fact, Muslim at heart, and lied when he put his hand on our HOLY BIBLE!
grafique it is a misconception to believe that ALL Muslims hate İsrael or jews for that matter My wife is a Muslim and she hates noone İsraeli poicies in the middle east have created anger in alot of people of all faiths worldwide. why cant we all just learn to love one another and stop with all the attacks based on race and religious beliefs We should be above all that İ believe Frederick
Frederick:
It’s really hard to stop the verbal attacks against Muslims when one sees Muslims killing innocent men, women, and children (raping, nailing to crosses, cutting heads off……even to very little ones…happening all over the world right now).
I ask you this….why aren’t the ‘moderate’ Muslims AND all their organizations publicly speaking out with big campaigns against these monstrous acts towards fellow human beings? Muslims who don’t support all this crap should be demonstrating/speaking out publicly everywhere, but it isn’t happening. EVEN our President won’t talk about it, so don’t expect any sympathy for Muslims from me when it’s dangerous in many regions of the world to walk down a street if you’re not a Muslim. Instead of complaining about your poor Muslim wife, why don’t you encourage her to PUBLICLY speak out against all the horrible killings that Muslims are committing towards non believers in her faith.
One way to be an accessory to a sin is to sin by silence, by not speaking up when you see a sin being committed. Muslims who see atrocities being committed in the name of their “religion of peace” are guilty of the same sin. WHY are they not speaking out? They either agree with the violence or they are afraid to speak out. Jesus threw the money changers out of the temple. Where are the courageous Muslims who are willing to speak up against the beheadings, the rapes, the torture, burning people alive, throwing people off roofs? They are very few. Muslims supposedly respect Jesus as a great prophet? Then why not follow His example, AND SPEAK OUT?
Now the USA has been kicked out of Syria by Russia. So what does Hussein Obama do? Why, send the Navy to piss off the Chinese, of course!
And when China chases Obama out of the South China Sea with his tail between his legs, what message will that send?
Almost the only thing propping up the dollar is confidence in the US military. But with a cowardly fool for commander-in-chief, suddenly the US military is looking very weak. Who would have confidence in a weakling, and who would want his fiat paper currency?
Very good points, all well taken, astute!
Yes David … and “our words” here at USAWatchDog really do matter too … because the consequences of not saying anything can mean WWIII which will then be used as an excuse by Neo-con’s to set up their one world government … where our Constitutional and God given freedoms are totally annihilated!
I know this is a bit off topic, but Greg told me to post this song I made aimed at planned parenthood…
Lifenews wrote a story on my music video and thought you all would be interested.
http://www.lifenews.com/2015/10/09/rappers-new-song-hits-planned-parenthood-over-selling-baby-parts-they-will-be-judged-by-god/
Thank you
Thank you Joe,
Planned Parenthood is engaged in murder for cash. They can lie about the “editing” all they want. God and the rest of us know the truth. I suspect judgment will be harsh. Thank you for posting this!!!
Greg
Joe,
Thanks so much for the video. I think anyone in Congress that supports PPHood should have to be present during an abortion, especially a late term kill.
Sgirl … I’m not sure it would faze them one bit … they will probably be looking at the bright side … saying: “that’s one small step toward curing the unemployment problem … and one giant leap toward solving our Social Security, Health Care and Food Stamp expenditure problems”!
Good one Joe! People like you and Greg restore my faith in humanity.
thanks Joe, I wish everyone would listen to this, It was great!!!
Enjoyed your music. Thanks for exposing this.
Here’s another young artist for those interested:
https://www.youtube.com/watch?v=spfLRiU_Qi8
Here is an interview on Trunews that further exposes abortion as occult practices. What a testimony!
“On this Friday edition of TRUNEWS, Rick first covers the latest news before being joined by former Satanist, Zachary King, who shares about his 26-years in the occult and his involvement in ritual abortions. After joining a coven at 10 years of age, King spent his adolescence and adulthood ascending the ranks of the dark side until in 2008 he had life-altering encounter with Jesus Christ.”
https://www.trunews.com/friday-october-9-2015-zachary-king/
Mr. Williams is obviously very skillful at understanding, correcting and then analyzing resultant data. I think all interested parties should pay attention to all he says.
Hey Greg!
Great interview as always. Greg your show will go down as saving so many of the little guys from financial destruction and my God Bless you for that. My question is since the commodities boom wont last for ever, and eventually we will have to reinvest. Will you be expanding into alternative investments as commodities top and geopolitical shifts change. More like Katherine Austin Fitts that talk about investments outside the commodities boom. I like Katherine Austin Fitts but like you completely disagree with her view on Palestinians wanting peace Israel.
There’s going to be life after the CRASH *(hopefully) Have you thought about what your show will be like as things start to rebuild? When this shift happens new Ideas, New investments, will pop up will USAWATCHDOG be on the Look out? Proud to supporter your website. I not only watch the You Tube ads to support your efforts, but now donate month as well!
Thanks Greg,
Jonathan K
Jonathan,
You really can’t even think about that now. You have to think physical survival and capital preservation. Yes, I think it is going to get that bad. Thank you for your support.
Greg
Sigh… I know… I’ve done my best to prepare for Mad Max. I still have fleeting hopes of just a Great Depression instead… See You Wednesday.
When he said “when a man seeking full time employment has to work 3 part time jobs, he is counted 3 times for federal employment numbers” – yup, that is where it’s at. The people I talk to who have lost their jobs in Illinois due to being fired, quitting, or being laid off aren’t finding anything comparable with what they used to have. They are only working part-time, IF they can find anything at all.
Anne,
You are correct. Each employer reports their employment based on the Bureau of Labor Statistics requirement of:
“The monthly employment data reported on both the Quarterly Contribution Report [unemployment tax report] and Multiple Worksite Report should be a count of all full- and part-time workers who worked during or received pay (subject to Unemployment Insurance wages) for the pay period which includes the 12th day of the month.”
It is simply an accumulative number for that particular employer only.
Anne,
I work in deep south mid size city…I am in a 10 unit office complex. 8 out of 10 have more than 1 par-time job….This is scary, seems to be the same everywhere!
Thanks Greg and thanks JW for a much better AV setup this time.
Thank you Same,
We’ve been working on that, Thank you.
Greg
If the trade deficit has increased this means that this country bought more products from other countries.
Most likely an increase in auto sales and inventories in preparation for the holidays.
I don’t think the trade deficit is a strong indicator in this late part of the year.
But from what we do have is many problems which can’t be solved.
Pensions will default due to multi year low interest rates.
These funds depend on higher interest rates to cover the pensions.
The problem with oil dropping to such low levels.
Never mind who – the question is how are they covering these losses.
The faith in the US dollar.
With the US having failed in so many fronts the US dollar is in trouble.
The US government will be in one year or less more than 20 trillion in debt.
With our manufacturing gone we can never pay that debt off.
I have seen many elections and this one is the most unusual one I have ever seen.
From the looks of it the next president is Donal Trump which I think will win in a landslide victory.
What he is taking on although is a task that will cause him many sleepless nights.
He will not be able to prevent the coming collapse.
On the bright side he will not make it worse.
We are now seeing prominent luminaries from the IMF to the BIS echoing the sentiments you have long since been espousing. When the full effects of this slow moving train crash become more apparent, the firm convictions of your ongoing crusade will be absolutely vindicated. A certain grim satisfaction can be derived from knowing you were right all along, but apart from that the future portends a descent into unending horror beyond any description.
Oh, I think there’ll be an end to it.
Enjoyed it Greg. So my question has been answered. If a person has 3 jobs it is counted as 3 people working by payroll employment count. That would explain a lot because Obomba no care has caused employees to lay of and rehire two and three times as many part timers to avoid paying health insurance. I think the real unemployment is over 30 %
Everyone in the private sector is part time. What a mess.
Also the baby boomers are retiring at 10,000 people per day.. When people cant buy goods from overseas what does a body do? Steal ,Kill ,and Destroy. Thank God countries like China are attempting to get a back up plan. It may not help Americans , but some poor lives might be helped.
JC Davis
For me, more questions than answers….especially since they really can do “marvelous” things with numbers.
Each employer is assigned a North American Industry Classification System (NAICS)……formerly the SIC code. This code is based on the type of business industry and product/service (manufacturing, farming, healthcare, etc.).
Fluctuations in the reported monthly number of employees, in conjunction with the NAICS Industry code, can track employment ups and downs in specific industries and extrapolate the strength or weakness of a particular industry.
However, since full-time workers have been on the decline and part-time workers (many with several jobs) on the increase, I’ve wondered how this may fail to provide an accurate assessment of what is actually occurring in our economy.
Of course, there are so many ways to obtain “information” and to project it…….(believe me, I know). But still wondering….
Mary I sometimes think we are all just fishing in our bath tubs. Voluntary sleep to save our sanity.
J.C., the Federal Government hired 20,000 workers in the third quarter of this year alone, that is a recent Government announcement, the more they hire, the better employment numbers are, all the while the do nothing jobs makes the dollar devalue more due to the deficit the bureaucracy expanding, and that is just on the Federal level. The end game is that everyone works for the man; city, county, state and or Federal Government; a.k.a. communistic, socialistic, well, you name it, every other system than the system which make American great.
if that is true then İ know a couple people who are considered poor and yet are counted twice as employed Sure is screwy logic isnt it?
Yeah Fredrick that is was I understood John Williams to say. I have never heard anyone say that. It is like Art Said soon we all will work for the government. I think corporate America IS the new government. We are now controlled by a Oligarchy.
Start at the 6:30 mark
I agree. I have guessed that the real rate of unemployment was around 25%. Most people laugh when I say that. You are the first to say a number higher than mine. I no longer believe any numbers provided by the US government. Zero.
As a former Cold War soldier, it saddens me greatly to admit that I have no confidence in the US government.
Hi Greg,
As always, a great interview. What V and Mr. Williams don’t see is that we don’t have decades to work things out. V can’t hide somewhere and then come back and work it out. America is going to disappear as a political entity sometime in the early 2020’s. War could start late 2016 or early 2017. Read Leviticus 26. The clock started in 1996.
Keep up the great work.
CC
As John Williams says: “I think we are going towards a QE4 … which is bad for inflation … there will eventually come a point where the dollar is going to take a tumble” … looking at a US Dollar chart it seems to me that that “point for a tumble” is very very near … technically a “death cross” is very close (a “death cross” is when the 50 day moving average crosses below the 200 day moving average …(http://stockcharts.com/h-sc/ui?s=%24USD&p=D&b=5&g=0&id=p34952632363 )
Gold is the only place to be … as gold is the world’s “only universally accepted” form of money… unlike paper fiat, bonds and stocks which represent claims on assets that “someone else has the obligation to make good on” … but gold (in hand) is real wealth that does not require the “issuers of paper” making good on their promises! … therefore those who possesses physical gold (have very effective control over their wealth) … more so than do the holders of paper currency (or paper financial assets) which are all subject to default … keep in mind that as recently as World War II nearly Half of the world’s currencies then in existence went to “Zero” (during and in the immediate aftermath of that great conflict) … those who now see World War III as a likely possibility should be taking very serious heed of the “recent history” of fiat paper … today no central bank or government on Earth will hand you gold “in exchange for their fiat paper” … as their fiat IOU paper currency is simply promise to pay you more fiat IOU’s (which they can print up for nothing out of thin air) … so why would the bankers hand you gold (real money) for their worthless fiat paper … however they will artificially manipulate gold’s price downward to make their fiat IOU’s look good in relative terms … wise people like those here at USAWatchdog are using the current low price opportunity to purchase gold from the people who “still believe in the value of fiat” … however a time will come when “all people” will wise up (likely during the hyper-inflation John Williams sees coming) … and then … no amount of fiat paper … not $2300 dollars … not $5000 dollars … not $7000 dollars … not $14,000 dollars … not $50,000 dollars … not even one million phony fiat dollar IOU broken promises will be accepted “for one ounce of gold” … for “what value” can anyone assign to an IOU promise by a failed government in default?
This is the US dollar chart I wanted to show … http://stockcharts.com/h-sc/ui?s=%24USD&p=D&b=5&g=0&id=p44804954705
I didn’t mention “silver” above but the same holds true for this precious metal!
Think WWIII is a long shot … and that paper assets are still worth holding?
Think the Neo-cons in Washington are doing nothing besides gnashing their teeth as Russia takes control of the sky’s over Syria?
On the night of October 02, 2015 six Sukhoi SU-30 Russian SM fighters intercepted 4 Israeli McDonnell Douglas F-15’s fighter bombers flying in attack formation attempting to infiltrate Syrian airspace … surprised by the Russian jets and probably not prepared for a dogfight the Israeli pilots quickly turned South at high speed and escaped over Lebanon (as a dogfight between F-15 Israelis and the Russian Su-30’s would have likely led to the destruction of all four Israeli aircraft) … this probing incident confirms that Syrian airspace is now under the complete protection of the Russian Air Force.
Israel strongly protested to Moscow about the incident … however Moscow demanded to know what Israeli military aircraft were doing flying in attack formation in Syrian airspace!
So as you can see … things can quickly get out of control and lead to WWIII.
Breaking News! … Israeli F-16 bomber shot down with Russian S-300 Air Defense Missile … http://www.globalresearch.ca/syria-shoots-down-israeli-warplane-f-16-bomber-and-helicopters/5471009
Now with Syria asserting its right to self-defense from Israeli bombing … Britain has now ratcheted things up another notch … http://www.zerohedge.com/news/2015-10-11/moscow-demands-britain-explain-green-light-shoot-down-russian-jets
Alex Jones doesn’t beat around the bush … he says the big war the Neo-cons want has already started … https://www.youtube.com/watch?v=g4aDv2xXYoM
Don’t look surprised, the neo-cons are not going out quietly, even if they must wait on Obama to get out of office.
Does Netanyahu know what the hell he is doing? … he is sending in jet bombers to attack Syrian targets? … doesn’t he know he is putting Israel in “great danger” by directly challenging the Russian military? … does Netanyahu think Putin will tolerate Israeli bombing Assad’s forces when Putin’s goal is to “strengthen” the Syrian regime? … Netanyahu is acting just like “a loony tune” Washington Neo-con by directly challenging Putin … doesn’t Netanyahu know all Russia has to do to make life extremely difficult for him is deliver more surface-to-air S-300 missiles to Syria to shoot down his jet bombers and deliver more highly advanced anti-tank missiles to take out any contemplated tank advance … Netanyahu should be smart enough to realize it will be “very hard” to prevent all these advanced weapon systems from falling into the hands of Hezbollah (which is currently Israel’s most potent adversary) … does Netanyahu even consider the possibility that Russia could open “a new front” against Israel by supporting Hezbollah and Iran in “southern Syria” (so as to diminish Israeli attacks “in the north” around Damascus) … Netanyahu is playing “a very dangerous” loony tune game by initiating bombing attacks in Syria against Assad’s forces … directly in the face of Russia’s (and perhaps China’s) military … this is only going to result “in Israel” being put in more danger “not less” … why doesn’t Netanyahu play it smart and make a deal with Russia? … leave Assad alone … and let Russia become a “partner” in Israel’s newly discovered offshore gas fields … as “Israel’s partner” Russia will be able to restrain both Hezbollah and Iran from taking any military action against Israel!
Paul,
I do not think that is a real choice.
Greg
Greg … Russia has just gotten government of Iraq approval to “extended its fight against terrorism into Iraq” … by Russia now moving to get a free hand to extend its attacks against ISIS into Iraqi … shows Russia is not going to back down militarily … Netanyahu trying to “solve the problem militarily” by fighting Russia (and possibly China) is only going to get Israel into deeper trouble … even Saudi Arabia is now saying a “political solution” must be found!
While critically important, you did notice the date of late August?
What is important about the late August date?
Greg
It was, plausibly, a strictly Syrian action. Were that to happen now, it would provide pretext for formal military action against Russia.
Very sorry, Mr. Hunter, my meaning was that the incident was critically important, not necessarily the date of it. The date was, of course, important, in my opinion, as stated in my previous reply.
I have zero tempering in journalistic writing, and this is one good example of why I hold excellent journalists, but more especially translators, in high esteem: language can be a bitch.
It would be better than watching Top Gunn to see Russia shoot every airplane from Is -reel out of the sky.
With QE4 likely to be launched very soon as John Williams expects … world stock markets will soon be rallying (not falling) as some expect … as I said before … any downturn into a Shemitah should be used as a “buying opportunity” (if stocks are “your thing” buy and hold for six years) … those who like precious metals should also be buying as QE4 will be inflationary and will knock the US dollar down!
Paul it may have already been launched covertly.
Greg
Greg, yea, I suspect its been launched covertly, as I have poster before, after that doesn’t work, it will have to be overtly. Overt QE4 will, as Paul above outlined make the markets go up, up, and up, and the pigs on Wall Street, CNBC, and the other gangs of lying filth pig dung will start singing hallelujah again; all the while they burn the dollar!
Your right Greg … with WWIII on the horizon the Fed is probably already greasing the wheels of their printing presses.
What bothers me most … is that now that ISIS is “really being taken out” by Russia … the Neo-con globalists don’t have a way to continue their intervention … to create the conflict necessary … to provide an excuse for WWIII … and bring into existence “their” NWO solution (or one world government) … “except” by using Israel as their “straw-man” to keep the conflict going on over there … I can’t believe Israel would voluntarily put itself and its people in harms way like this? … What craziness is this? … to “pick a fight with the Russians” and put all of Israel its people and the Holy Land in mortal danger … for some crazy loony tune Neo-cons??
Highly probable given the bounce in the Stock Market and the non-bankruptcy of Deutsche Bank combined with the lack of liquidity in the Bond Market.
Nothing’s allowed to fail and creation of debt is the only course left.
IMO….More than likely they have picked a time /date for the nonsense to stop…..no more back stopping the markets. I say that because slowly but surely word is spreading about the fantasy land that has become the markets. Word is spreading that people/institutions are going down as are the gamers of the markets. Financial engineering to create a sense of well-being is to be withdrawn. The tide is about to go out. I feel they (Elite) have done as much as they can do in terms of preparing for the great transfer of wealth (cashing up the Banks with newly created Capital). They will sit pretty when the great unwinding starts…..only to strike when the value of all artificially priced assets falls precipitously. Bankers have many precedents for this in history. This one will be their best by far.
Rule # 1: Get the Assets (Infrastructure, Agriculture, Mineral Resources, Water).
Rule # 2: Ensure the Public remains indebted.
Rule # 3: Bankrupt the Nation.
Always enjoy John Williams. It’s like talking to your accountant. Straight forward and honest. “It is, what it is”. Accept reality. I’ve been installing 240 KW and larger Solar Systems on Mall roofs in the Southeasteastern coastal states. I was talking to a Mall Manager….he KNOWS the economy is on the verge of collapse. He knows employment is down.
I worry about getting back home, if things go sour, rapidly.
Fool me once, shame on you, fool me twice, shame on me….I don’t think, those still alive after a social collapse, will be so ready to take a “new” paper, as currency.
Hungry bellies can make human do many things they wouldn’t think they will do!
James,
I think you are absolutely correct. Banking , fiat currency and religion are all faith based. My Father pasted away a few years back and he did not miss 90 by many years. He did not have all of his money in banks as he didn’t trust them. He grew up in the Depression.
When people get the shaft this time, no one but idiots will keep more money in s bank than what they need to pay their bills. Every time people get paid, they will pull out what they don’t need. Banks will be folding left and right.
People will finally wake up to the facts that their government and their banker butt buddies are corrupt and robbing them daily. It will be ugly. And that is not even factoring in the old people on SS starving. The EBT crowd will fare a little better because they lie about their income but they are an entitled bunch and they will attempt to loot and steal until either the govt puts them down or local citizens protecting what little they have donate some high speed lead to their cause of theft and destruction.
I sure hope you carry a pistol when you travel
G 500 Well put…
But the idea of Govt swooping in is a myth….we will all be protecting our own life circle>….
I no longer keep any excess funds in my bank account. I was aware of the Cypress bail-in and kept a close eye on Greece. Greece should have awoken every person to the fragility of the banking system and how it is manipulated by bankers.
My motto is “if you cannot touch it you do not own it.” Pretty simple philosophy. I do keep physical currency at hand. US dollars, Canadian dollars (if I were close to the Mexican border I would keep those instead) and Swiss francs. I have actual currency. I call this my “just in case money.” I have also been stacking silver. Someone asked me why I didn’t buy more gold. At this point I think that gold is so manipulated I don’t trust the pricing mechanisms. The pricing for silver is less manipulated.
God help the world when the Chinese go live with their own gold market.
John William’s technical work confirms my own observations and statements by the few honest economists able to have a voice in the mainstream media. I am convinced he is correct. If that’s true then it means we’re being lied to from every angle by the government and their media shills. He is no doubt correct that a comeuppance is ahead for the failed American state. After 15 years of war and banker looting it shouldn’t surprise anyone but it will.
The fact that the government has frozen the national debt for over 200 days speaks volumes. They are just running this system into the ground for as long as the wheels stay on, and are milking the money of the American people during the process.
It cannot end well. But, fear not as God is in complete control. Please, repent and accept Christ as your personal savior for the kingdom of God is at hand.
Rock,
Think about this. What happens when they release the clock and set it to reflect the actual debt again? It might be $20 trillion, $22 trillion or who knows?? How would the world react to that? They are playing for tim, and nothing else. I think time is running out.
Greg
Rock,
That last piece of advice you have is the best advice you can give a person. Is it the end times? Maybe, but then the Apostle Paul thought he was living in the end times 2,000 years ago and he talked to Jesus Christ, the son of the ONE, TRUE GOD. Prepare for trying times, accept the joy God has for you, accept Jesus as your personal saviour and pray.
G, 100 million; themes a lot of clams! “Nation will rise against nation and kingdom against kingdom.” (Matthew 24:7) Millions of people have been killed in wars during the past century. One British historian wrote: “The 20th century was the most murderous in recorded history. . . . It was a century of almost unbroken war, with few and brief periods without organised armed conflict somewhere.” A report from the Worldwatch Institute states: “Three times as many people fell victim to war in [the 20th] century as in all the wars from the first century AD to 1899.” More than 100 million people have died as a result of wars since 1914. Even if we know the sorrow of losing one loved one in warfare, we can only imagine such misery and pain multiplied millions of times over.
The Bible foretold that the last days would be marked by a change in human society. The apostle Paul described what people in general would be like. We are told: “In the last days critical times hard to deal with will be here.” (Read 2 Timothy 3:1-5.) Paul said that people would be, lovers of themselves
lovers of money
disobedient to parents
disloyal
having no natural affection
without self-control
fierce
lovers of pleasures rather than lovers of God
having an appearance of godliness but proving false to its power
Psalm 92:7 describes what will happen to the wicked ones!
Have people become like that in your inner city community, even in the burb’s? No doubt you perceived they have. There are people everywhere who have bad traits, but their not getting any nicer! Ever thought of carrying a weapon? God will soon act, in your behalf, for the Bible says: “When the wicked sprout like weeds and all the wrongdoers flourish, it is that they may be annihilated forever.”—Psalm 92:7.
The last days are indeed filled with woe, just as the Bible foretold. In this troubled world, however, there are positive developments among the worshippers of The true god G.
“The true knowledge will become abundant,” the Bible book of Daniel foretold. When would that happen? During “the time of the end.” (Daniel 12:4) God has helped those who truly desire to serve him to grow in understanding of the Bible. They have grown in appreciation of precious truths and respect for God’s name and purpose, the ransom sacrifice of Jesus Christ, the condition of the dead, and the resurrection. Moreover, worshippers of him have learned how to live their lives in a way that benefits them and brings praise to God. They have also gained a clearer understanding of the role of God’s Kingdom and how it will set matters straight on the earth. What do they do with this knowledge? That question brings us to yet another prophecy that is being fulfilled in these last days.
The preaching of the good news of the Kingdom in different countries and in many languages and even on this prestigious site, despite the growing disapproval of many,
“This good news of the Kingdom will be preached in all the inhabited earth.” Said Jesus Christ in his prophecy about “the conclusion of the system of things.” (Read Matthew 24:3, 14.) Throughout the earth, the good news of the Kingdom—what the Kingdom is, what it will do, and how we can receive its blessings—will be preached in over all the earth and is in hundreds of languages. Millions upon millions zealously preach the Kingdom good news on land sea and in the air as well as on the air and on the web! They come from “all nations and tribes and peoples and tongues.” (Revelation 7:9) Bible studies in homes with millions of people who want to know what the Bible really teaches. What an impressive fulfillment of prophecy, especially since Jesus foretold that true Christians would be “hated by all people”!—Luke 21:17
Since so many Bible prophecies are being fulfilled today, do you not agree that we are living in the last days? After the good news is preached to Jehovah’s satisfaction, “the end” is certain to come. (Matthew 24:14) “The end” means the time when God will get rid of wickedness on earth. To destroy all who willfully oppose Him, our heavenly father will use Jesus and powerful angels. (2 Thessalonians 1:6-9) Satan and his demons will no longer mislead the nations. After that, God’s Kingdom will shower blessings on all who submit to its righteous rulership.—Revelation 20:1-3; 21:3-5.
Since the end of Satan’s system is near, we need to ask ourselves, ‘What should I be doing?’ It is wise to continue to learn more about our creator and his requirements for us. (John 17:3) Be a serious student of the Bible. Make it your habit to associate regularly with others who seek to do his will. (Read Hebrews 10:24, 25.) Come to know God through a study of his Word, and make necessary changes in your life so that you may enjoy God’s favor.—James 4:8.
Jesus foretold that most people would ignore the evidence that we are living in the last days. The destruction of the wicked will come suddenly and unexpectedly. Like a thief in the night, it will catch most people by surprise. (Read 1 Thessalonians 5:2.) Jesus warned: “As the days of Noah were, so the presence of the Son of man will be. For as they were in those days before the Flood, eating and drinking, men marrying and women being given in marriage, until the day that Noah entered into the ark, and they took no note until the Flood came and swept them all away, so the presence [coming] of the Son of man will be.”—Matthew 24:37-39.
Jesus told his listeners: “Pay attention to yourselves that your hearts never become weighed down with overeating and heavy drinking and anxieties of life, and suddenly that day be instantly upon you as a snare. For it will come upon all those dwelling on the face of the whole earth. Keep awake, then, all the time making supplication that you may succeed in escaping all these things that must occur and in standing [with approval] before the Son of man.” (Luke 21:34-36) It is wise to take Jesus’ words to heart. Why? Because those having the approval of “the Son of man,” Jesus Christ, have the prospect of surviving the end of Satan’s system of things and of living forever in a marvelous new world order [not disorder] that is so close at hand!—John 3:16; 2 Peter 3:13.
The last days are marked by wars, food shortages, earthquakes, and pestilences. —Matthew 24:7; Luke 21:11. Us young in’s taint seen nothing yet!
Growing numbers love themselves, money, and pleasures but do not love God.—2 Timothy 3:1-5.
Mark 13:37
What I say to you, I say to everyone: ‘Watch!'”
Greg,
Don’t believe for one minute that China is going to wait a whole year to get SDR drawing rights as some are saying. According to this report they have already received a 99% approval from within the IMF.
http://www.pinnacledigest.com/blog/fastfoot/china-preparing-shock-world
I’m sorry, I like John Williams. I like V. But their both wrong about the timing of this event. The Banks are moving forward with their plans for a reset. The report from the IMF last week, pretty much confirmed that. Just look at what they’ve done in the last six months.
– CIPS – (Now active)
– AIIB – ( Now active)
– Gold Fix – Its coming before the end of the year. I say within the next 30 days.
If anybody wants to play the waiting game, be my guest. That’s you’re prerogative. As for me I am making final preparations. You only get one shot at this to make it right so I intend to make every moment we have left count. I fully expect that when the moment is right the PTB will take the whole system down without advance warning.
Last week in my area, we experienced several rolling blackouts, and communication glitches on our cell phones. This is totally abnormal for our area outside of summer heat waves. I postulate that these were probably pretest for something much bigger that may be in the works.
Blackouts likewise in Oklahoma….AT&T….internet and land-line phone then two days later, the internet again. They said they were upgrading the system, “to give us better service”. I asked him, “You actually planned this on a workday? In the daytime? With no redundancy default system for coverage? And no warning?”. Who knows what happened, but I’m pretty they didn’t plan it.
Mary
I live in Missouri next to a power generator. It simply doesn’t happen here so that is why I am suspicious.
Blackouts too in north Houston. Not due to weather or any heat wave. It happens for about 5minutes then power comes back on then out for 10 minutes then back on then out for 5 minutes then back on. What the heck? This has never happened before unless we are having a hurricane or a BAD thunderstorm. This is happening in the middle of the day, middle of the week, with no explanation. Too weird. Drives my husband crazy since he works from home on his computer.
RMB drawing rights may be coming sooner than you think. Inside sources say Chinese officials are pushing the IMF for SDR drawing rights in their upcoming meeting. Behind closed doors its a done deal.
http://www.reuters.com/article/2015/10/09/us-imf-china-sdr-idUSKCN0S32K820151009
IMF says SDR decision by years end for Yuan. My questions is, what will the announcement do to the markets even though it won’t officially launch until 09/15/16?
http://news.xinhuanet.com/english/2015-10/10/c_134701097.htm
That was precisely the stated intention of the delay. There will be minimal effects upon the various markets upon the inclusion of the CNY in the SDR, because the inclusion has been delayed specifically so that the necessary positioning and adjustments can take place beforehand.
The next G20 meeting is 11/15. Keep an eye on this one. It lines up with talks going on behind closed doors with Christine Lagarde and Chinese leaders.
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5096524/The-G20-moves-the-world-a-step-closer-to-a-global-currency.html
Timing is the hardest thing to predict, as any economist worth their salt knows. Your ‘blood moon’ prediction passed without any fanfare, and I suspect your predictions for this Fall will soon be in the rear view mirror as well with no discernible changes.
But like a dice thrower at a craps table in Vegas, you may get lucky someday with one of your predictions. To prepare for the inevitable is smart, but don’t be too attached to your predictions. Be well and prosper.
Thaddeus.
It is true that the globalist follow blood moons. Just because something hasn’t happened yet does not mean its not going to. If we make out of 2015 without an economic hit of some kind I will agree with you. But just remember the seven year cycle is still in play until then and you may be the one rolling the dice.
Jerry, oh my we are absolutely on the same exact page! You didn’t mention CFETS (Chinese Foreign Exchange Trading Service) which was created last year and was ignored by the MSM. The creation of CIPS is (nearly) the final link in the chain and the world is left waiting for the announcement that China now controls the world gold market. Did you happen to see the news about the Chinese holiday last week which raked in billions of dollars from the Chinese middle class willing to spend money on travel and having fun. Was this reported in the MSM? Of course not.
I think once the Chinese reveal their actual gold holdings and combine that with the creation of their own gold market as an alternative to the London gold market the world will be sent into a tailspin. This will be the black swan moment that, supposedly, no one saw coming. Give me a break. I have a degree in philosophy. Not in economics. Not in banking. Not in finance. Basically a degree in philosophy (the one I received) is a degree in critical thinking. I was trained to think in a critical manner, in how to evaluate information and in how to analyse that information. It was a very straight forward and traditional education in liberal arts, common in the west for the past 2500 years.
China has been very clear about their goals for the Renminbi and the Chinese plan has been to depose the US dollar as the world reserve currency and replace it with the Yuan / Renminbi. I agree your assessment on how soon this will happen. I have a date as well. November 15th is the G20 Leaders Summit meeting in Turkey. I would not be surprised if at that meeting China came out and declared their total gold reserves along with an anouncement about their new gold market. China was completely ignored by the IMF this year and basically told to go back home and “mabye” they would be invited back next year. The Chinese are very proud and that was a huge slap in the face to China. I expect the Chinese lion to roar, and roar loudly.
How do you reach your conclusion of Chinese intent “to depose the US dollar as the world reserve currency and replace it with the Yuan / Renminbi” ?
Also, I believe exclusion would have been a bit of a bigger slap in the face than delay of any changes. The fact that they implemented a delay seems to be a clear sign that a change is coming. This is from an IMF statement press release:
“The extension would also allow users sufficient lead time to adjust in the event that a decision were to be taken to add a new currency to the SDR basket.”
http://www.imf.org/external/np/sec/pr/2015/pr15384.htm
When one considers all of the turmoil that PB0C’s removal of the CNY’s soft peg to the USD may cause, as I read between these lines, to me this is the announcement that the CNY will be included, decoupling must occur before then, and everybody’d better get themselves ready for a free-floating Yuan.
I reached that conconclusion based on China’s stated long-term goals of making the Renminbi the world reserve currency. The editor of this site traveled to China when he was young and studied there although having been born in the US. http://www.thechinamoneyreport.com I do not have the exact link but the Chinese have not kept their interest in being the world reserve currency secret, either. Furthermore it was my understanding that China had been excluded from the IMF meeting in September and the Chinese were advised to expect an invitation next year. This is the affront of which I spoke.
If the Yuan decouples from the dollar I expect it to go all the way. What do I mean? China will decouple, from the dollar, declare how much gold is owned by China (estimates are between 8 and 25 tonnes, and this would be coordinated with the opening of the Chinese gold market to compete with the London gold market. The CNY will be free-floating, yes, but it will also be a gold-backed currency. As far as I know there is no currency that is functioning like this (backed by gold), at the present time, in the world market.
I have zero doubt that China intends to take a rightful place, in having their national currency be used internationally for trade, and to be respected sufficiently to be commonly held as a (i.e., “a”) reserve currency.
Evidence is abundant that China (and much of the rest of the world) is working diligently to negate the undue power held by the US, by supplanting the current systems wherein almost all international monetary transactions are tied to the USD and routed through a money-center (typically New York-based) bank.
I do not, for one moment, believe that China wants their Renminbi to be the primary reserve currency. Triffin’s dilemma is the clear reason why.
But, your assertion implies exclusivity. Please supply evidence of “China’s stated long-term goals of making the Renminbi the world reserve currency.”
I have no exclusive or special knowledge. I read a number of news sites on a daily basis, from around the world. I do not work in government or the financial services. I am free to reach my own conclusions based on my own observations and analyses. I didn’t think it was hidden knowledge with regard to China’s plans to be the world reserve currency holder.
Faith loved your comment,do something for me?
Analyse this speech by Janet Yellen and tell me what you think?
https://www.youtube.com/watch?v=xJ2UAYgIXG8
Regards
Mike Harvey
Resident in Ireland
MH: I had heard about this incident after it happened on other sites, namely http://www.zerodhedge.com but had not seen any video of the incident. I can only say that some type of medical incident occurred while Ms. Yellen was on stage. I am unwilling to speculate any farther due to limitied information. I pray the Ms. Yellen makes a full recovery.
Hi Greg! I very much respect Mr Williams and the critical work he does for all of us.
(Smiling now…) …Listening to Mr Williams speak is like soaking in a warm bath ….but let no one Be complacent about his message. As greg’s closing remarks on the interview :
“Williams also warns that people should have some stored food and water in case of emergencies.” ….enuf said.
Thank you Greg for a having John on again. You should have him on quarterly basis to provide an ongoing honest assessment of the economy. His observations and comments bring clairvoyance to what is really going on. Our current government and economy is corrupt beyond comprehension. The only way they are getting away with it is that the average American is too stupid to understand that they being manipulated into oblivion. And the problem with being stupid is that you are not stupid for the day. Your comment regarding a moderate point of view illustrates the stupidity of the average American. If only there was a more moderate view point of the financial calamity that we facing, we would be in much better economic situation?
The only variable at this point that cannot be defined is When. I thought we would have reached When by now to. All your great guests and readers know When is imminent.
Well said Sir. You wrote, “And the problem with being stupid is that you are not stupid for the day. ” Stupidity leads to lower quality politicians, significantly lowered morality and more crime pic all kinds, mostly violent. And quoting Ron White, “You can’t fix stupid.”
One article and a few short videos of interest
FRENCH GOVERNMENT ALIGNS WITH RUSSIA’S WAR AGAINST ISIS
http://www.paulcraigroberts.org/2015/10/11/french-government-aligns-russias-war-isis/
Putin Tells Everyone Exactly Who Created ISIS
https://www.youtube.com/watch?v=OQuceU3x2Ww
Listen to Putin’s eye-opening speech about US Foreign Policy and McCain
made four years ago
https://www.youtube.com/watch?v=932K6tZ5Ea4
Putin Crushes BBC Smartass
https://www.youtube.com/watch?v=-KHCNk9BYy4
Things will start being fixed when we stop rewarding lyin’ stealin’ and killin’.
Damn near impossible. So goes our world.
Greg,
For a long time I had doubts about Williams predications…seeing what has happened in the last 30 days I now know how right he is. He truly has his finger on the pulse of the economy!
Thanks
Greg,
“Estimations for industrial production are for continued contraction.”
So I Google “Will industrial production improve in 2016?”. Every expectation in the search results is that it will improve.
Williams has been consistently wrong in his predictions… but I do enjoy listening to contrarians.
Paul from CA,
You said, “Every expectation in the search results is that it will improve.” You used Google, correct? Are you now going to tell us all there is a “recovery” on Main Street too? Also, Williams has not been consistently wrong on. He’s been consistently predicting that the economy would continue to slide since before the beginning of this year. That, in fact, is happening.
Greg
Clearly Google doesn’t include John Williams in its survey. Who else don’t they include? You must understand that the msm will not report anything that doesn’t fit the pre approved narrative.
Paul has nothing to worry about in CA, google told him everything is fine. Neither Google, the Fed, big banks nor any of the other DOW and S&P500 companies have anything to gain by keeping the stock market pumped up by hyping the good times that are here to stay… 😉 [rolling my eyes] Industrial production will improve? In which country? On what planet? Just keep buying the Wall Street BS.
For those of us who don’t watch MSNBC, CNBC, or otherwise have full faith in the MSM, bad times are on the way. We can see the price of food creeping up, we can see neighbors losing good paying jobs with no fall-back.
As for predictions on when the (really) bad times get here — we are in uncharted waters, and the people in charge of this mess are doing and saying whatever they need to keep the system propped up. I imagine it’s difficult to predict because analysis takes into account the past, and relates that to the here and now. But now we’re off the chart and with fudged numbers, I imagine it’s hard to relate.
How many times have we been told to watch the bond market? It’s an event, not a date on the calendar. When it goes, try that google search again.
Well said Sir.
Doubt it about industrial production improving next year I’d be leery of the source and much more inclined to agree with John Williams on that subject
Paul from Ca
Consider the fact that what you read in the MSM (Yahoo, Google, etc.) is propaganda. Talking heads may be (most are) shills, or gravely misinformed. TPTB don’t want you to be aware of the true state of the economy for FEAR
CONTINUED:
for FEAR of what you will do, such as bank runs. John Williams presents the statistics as they would be if not messaged (manipulated). Be careful Paul and don’t be mislead into failing to prepare yourself and your family for what is ahead. The light at the end of the tunnel is a TRAIN, and it is headed our way.
Hey Paul from CA, my neighbor was laid off after 22 years as his company was sold and the new company move it off shore to India. Another small industrial production company with about 100 employees who will be working at fast food, these jobs that were lost were living wage jobs; so much for industrial output to make a turnout after the first of the year. But don’t worry, we still make and sell trouble just not steel.
Greg;
I just got a good report from California Bay area Air Show this weekend. It seems that everything is great there. Money flowing, people having a good time and no sign of the resession in the fun places. In Albuquerque we had the baloon festival, biggest party of the year here and it was the best ever. Hundreds of Baloons flew everyday, perfect weather. A lot of cities, I am sure have the same report. A large percentage of people are just not feeling the pain. Yet! Therefore it does not exist! Willie said this week that the reset has been delayed a year! But Bill Holter gave a great definition of what Reset really means. I have said before that it could be a slow burn, maybe just a slowly wilting flower. One more thing people should not take Russian humiliation so hard. It wasn’t Russia it was our POTUS that created the vacuum and just kept backing out of there. His plan worked perfectly. And guess what, we couldn’t afford to be the cop of the ME anymore anyway. It was poorly done as everything he has done but the people that elected him must be happy. So lets be happy too! Less money spent on bombs and more on Medrassas and PParenthoodlums.
Hi Greg, obviously I watch your show, but that being said I’m wondering if you wrote some questions down on a pad for your 1st show and you are still using the same questions today. Frankly, since you had Miss Fitts on and how you treated her; watching your show isn’t as much as a priority for me. Further more, as you signed off on one of your recent shows saying about how god will take care of everything, well if that’s so why bother with this show?
Paul,
All the best to you.
Greg
Paul Whalen,
Once again – we find another player of the “why harpoon the host” game. It must be an Internet thing; but I haven’t seen it, personally.
Greg Hunter interviews some of the TOP accomplished people in the WORLD. Some personalities run smoothly; some present their own dynamic personalities during the interviews, and “steer” a bit themselves. In a perfect world – personality conflict doesn’t exist: and everybody acts like homogenized milk, right? As for content of questions – there must be a bottom-line set of issues; as well as ones specific for the expertise of the Interviewee. I didn’t know you were such an expert in these areas!
As to Mr. Hunter’s ‘sign-off’ – there is a difference between God being ‘in control’ or “in charge”, and “god will take care of everything”. If you are going to stab at people – you need to at least quote them correctly. Perhaps I missed that mention.
And seeing you categorize yourself with the Criticisiz-ers, rather than the Contributors: it seems certain that there’s little or no readership for you here – so why write???
Excuse me, Greg – one gets tired of the mud. A WEALTH of information, which is FREE – and still the mud. Whatever happened to ‘seeing a glass as half-full’?!?
Paul W … asking the same question to different guests and thinking about the response they give can ferret out the “true state of the reality” we are immersed in … I ask myself the same questions constantly “why was I born?” … “why here on this planet?” … “do I simply sit back and watch the world go round and round?’ … “or do I try to do something to help make the world a better place?” … this is exactly what Greg is doing … trying to make the world a better place!
You love ” doom and gloom.” I agree with Dr. Paul Craig Roberts. ” We don’t know how long they can keep this bubble inflated.”
Dell,
I “love” the truth and it happens to be very much doom and gloom.
Greg
Somebody I know also loves to tell the truth…as he sees it. Does that make it true?
Perception of truth may be nothing more than a delusion.
Mike Gleason,
Those who do not believe absolutes apply to humans, or function in the intelligence of man – are like sails that are loose on one end, or a map without edges or legends: all is relative. Hogwash. Communication is faulty at best, both expression and internalizing. What is left is to reach consensus – of facts, issues, reasons, contexts, and conclusions.
Those who engage in relativism – tend to believe what they want; and argue rather than present.
Those who deal in absolutes – tend to find their way to conclusions that they mostly don’t like: but are mainly, if not almost entirely correct.
When I play darts – I like to aim and hit the center. Just tossing one to the board and taking that as good as any other throw – doesn’t mean much to me.
Sorry you don’t like the facts Greg reports. You are intitled to your opinion but sorry, you have to use reality and the facts are the facts.
Reminds me of the band playing on the deck of the Titanic. “Nothing here to worry about folks, just listen to the nice music.” Meanwhile the ship is beginning to tilt and the deck chairs are sliding.
Yep the worlds all chipper……………nothing to see here move on everyone.
Greg Hi, keep up the good work…..
Jim Sinclair “”by the end of the month”” ??
Also I appreciate all the news is USA based but what about UK and Europe anyone doing any in depth stuff over there……..Also this is all to do with GLOBAL control so its who is pulling the strings, not charts or historical…… we write history each and every day.
The Rothchilds made all there money setting up markets… 1812 it appears they is just what they are doing now.
thank you, be safe
Pte
Pete,
lots happened behind the scenes that shows the system is in deep trouble.
Greg
Jim Sinclair, “we will be lucky to get through September”; do not recall “by the end of the month” having been said by Jim Sinclair.
We were lucky then.
If you took the time to add up everything that occurred since Mr. Sinclair spoke until now you would realize that much has happened that adds pressure to the wound up spring.
When it snaps is hard to tell..Soon is a reasonable bet.
Greg — Thank you for having John Williams back. Great interview.
Guess that makes them Kleptonians
That name is perfect for them.
https://www.youtube.com/watch?v=jt377DV2BKs
Greg – you might want to have invite this person on.
This explains why we have a repeat of the 1930’s depression which is due to banks holding money in reserve rather than loaning it out.
It also shows you why the Fed is such a bad idea and why you will never fix anything unless you get rid of it quickly.
The only reason people went along with it back in 1913 is because people were upset with having lost their money in banks.
The simple solution back then was to create the FDIC which was part of the Glass Steagall Act.
But of course they never do what’s good for the common people now do they.
Vincent
You are not saying the first depression was cause by not loaning money are you?
China, has introduced CIPS, AIIB and is the first country to start trading Gold and Oil in non US dollars and many believe this will end the King Dollar.
Fortunately or unfortunately, depending on how you view it, there will still be moderate strength in the dollar up until the day Saudi and OPEC announce they will except Yuan for payment on the sale of oil.
Saudi’s largest market is China, it’s inevitably that Saudi will eventually except the Yuan, within the next 12 months or Saudi’s risk losing market share of China sales to Russia.
Once the announcement is made, we will see a rapid decline in the dollar, destroying the titles of both King Dollar and Petrodollar……………………my eyes are locked on Saudi’s every move.
Agree with your take as well concerning Saudi and dollar vs yuan.
CFETS, AIIB, and CIPS should put fear into anyone that thinks the US dollar will remain the world reserve currency.
I don’t know if it is oil or the creation of a gold market, by China, comparable to the gold market in London that tips the system over and dumps it upon its, proverbial, head.
What is that ancient curse? “May you live in interesting times.” That is most certainly the case at present.
Everything seems out of control the people. And I don’t even have a dog in the fight. DC is so wicked that it makes Putin look good.
Rock is right. If you have not accepted Christ as your personal savior, NOW is time.
Diane D,
That’s the best advise of all.
Greg
Amen Dianne
How the Fed (and Ben Bernanke) destroyed the economy. A John Titus video linked to by an SGTReport: http://sgtreport.com/2015/10/criminals-running-the-fed-are-stealing-trillions-john-titus/
VIDEO: They Came From Planet Klepto
https://www.youtube.com/watch?v=jt377DV2BKs
Michael Howell and the folks at CrossBorder Capital have predicted a “modest economic recession” by early 2016:
http://www.liquidity.com/Blog/post/2015/10/12/Global-Liquidity-Latest-October-2015.aspx
Nothing will happen, until it happens. Very interesting interview, very skeptical of any guest who predicts why the future holds. I believe change is coming, mostly from China and the Yuan taking market share away from the Reserve/Petro Dollar. We shall see, but let’s not pretend the world is ending.
Out,
The world is not ending just the world you know is ending.
Greg
Hey Greg,
Here’s the monthly soap opera of “As the Fed Turns”.
http://www.marketwatch.com/story/central-bankers-meeting-at-imf-say-fed-shouldnt-delay-on-rate-hikes-2015-10-12
Thank you Jerry. If they raise them then they intend to crash the economy. Maybe that’s what they want?
Greg
Jerry … when they do raise rates it will be accompanied by massive QE (to try and prevent the crash of the economy) … now if they don’t do massive QE along with raising rates … then the crash of the economy will be “intentional” as Greg says! … and the chaos it creates will bring to fruition the globalists long sort dream of a one world government!
Greg, & followers, Wall Street is doing it again, get in at your own risk, they are touting the correction is over, in fact, the last 30 days have been straight up but:
BEWARE THE BEAR RALLY – Been done to death, works every time. The bear rally will turn down quickly and deeply if QE4 is not announce by the end of the first quarter 2016. If it is announced, go spend every dollar you have on stuff you use everyday and stock up because as to inflation “you ain’t seen nothing yet”. If they don’t announce QE4 get out of the market soon as the downturn around February & late March to middle April 2016 is going to be quick, deep and sudden.
Exactly right Art!
@Art barnes İ agree the socalled “correction” is far from finished and QE4 will damage the dollar severely if not terminally and you should not keep much cash on hand Question as always will be where to spend that cash Gold and Silver come to mind but last time they did QE they manipulated the metals lower How long can the game go on?
“Williams, ‘Doesn’t see the current system holding together without hyperinflation beyond 2014.'”
Steve,
Everything is fixed, go back to sleep. This is not a trade but the biggest monetary reset in 5,000 years. So what if he’s off a year or two?
Greg, I truly appreciate all of the work you do and don’t entirely appreciate the comment, but 1) holding people accountable to their predictions engenders a greater amount of care when they do make such predictions (economic systems are highly complex, often counterintuitive, and extraordinarily difficult to predict …otherwise, people like John Williams would quickly become multi-billionaires), 2) extraordinary claims — such as the biggest monetary reset in 5,000 years — requires extraordinary evidence. You may indeed be correct in the reset, and I agree that some of the evidence does point toward large monetary troubles ahead. …not the least of which is chiefly motivated by the level of personal debt. However, compelling, highly significant empirical evidence is king and that is what an intellectually honest discussion focuses on. Something, I dare say, is a rare commodity with some of your guests. And 3) entertaining alternative points of view is an intellectual strength, rather than a hindrance. Please don’t immediately dismiss such comments and please endeavor to have other points of view on your site. The track record of your guests over the past ~4 years is nothing to write home about: Silver explosion, gold explosion, hyperinflation, WWIII, dollar collapse, etc. Why not hold these prognosticators responsible for their views? You are doing a great service to inform the public and I’m on your side — I do think that the majority of the evidence does point toward monetary and fiscal-driven high economic volatility, but please interview a diverse set of smart, highly studied, experienced, diligent students of complex politico-economic systems.
Steve,
I am just adding big picture perspective. What is coming is enormous and it will dwarf the Great Depression. There is just no other way to report it. Thank you for your comments.
Greg
Gregg, making statements like that really diminish your credibility. Nobody but the Lord knows what’s coming, so try not to midpslead the flock. Society/ commerce, business will continue, just might be a little different. They can stay irrational longer then you can stay liquid, pretty much sums it up.
OutsideIn,
“They can stay irrational longer than you can stay liquid…” is a good summation. It cannot, though, remain this way forever.
Inferring that Mr. Hunter is “misleading the flock”; and ” making statements that diminish your credibility” – seem to be strong criticism, but is short on substantiation. Mr. Hunter is NOT a pastor. And his credibility is firmly established to all; except those who rag on him.
These comments are getting to resemble tackle football!
Greg,
Don’t fall for these silver-tongued apologists, who would move you from your center. All they could do is embroil you in controversy and waste your time, with contrarian ‘facts’ and ‘figures’ which would not be worth proving false.
Thank you Charles!
Greg
If he could get real information and knew the what was being manipulated, to what extent and the timing; i believe he could more exact. What they are doing had never been done in the history of the world.
Exactly G 500. There is nothing in history that one can form a prediction on. What we see is all we got, and the picture changes often.
On a similar issue that Williams speaks my latest article:
http://antoniusaquinas.com/2015/10/12/the-deteriorating-u-s-economy/
AA
You have a matter of days before things begin to slide abruptly. After that, the stock market will crash. Toward the end of next year, the dollar will be gone. Read my Friday posts, if you can. I lay it all out there. Cash in hand will be important in the coming year. Having some silver coins to use along with your cash will be even better.
Help others, that is very important.
I’ve done the best I could to warn of what is coming. Remember: do not listen to those who tell you that nothing is wrong.
https://www.youtube.com/watch?v=Ez_iSh5JqVo
CLS,
Is there any way you can give a little more information on how you know what is coming. I may get more to sit up and notice. No matter what, I appreciate what you are trying to do and thank you for it.
Greg
By the way, what do your sources say about sites like USAWatchdog.com? Toast?
The internet and television are not going away, but the government will be restricting what can be reported.
Tomorrow you will want to watch the stock market.
Rick Wiles talks a bit about internet control here on Trunews.
https://www.trunews.com/thursday-october-8-2015-stephen-coughlin/
Apparently, Matt Drudge spoke w/ AJ about a tip off concerning the future of alternative news websites.
CLR
Yes we read Zero Hedge to.
http://www.zerohedge.com/news/2015-10-13/jpmorgan-misses-across-board-disappointing-earnings-outlook-stealthy-deleveraging-co
I do not read ZeroHedge. I did not read the article to which you are referring.
My post was made around midnight on Monday.
CLS,
You said watch the markets tomorrow. Does this warning from CNBC have anything to do with your feelings that markets are ready for a very big fall? http://www.cnbc.com/2015/10/13/black-swan-risk-rises-to-highest-level-ever.html
Greg
I meant watch the markets today, as in the 13th. I was referring to a drop in stocks and a rise in gold.
Tail risk is a small part of what is coming. But yes, investors are scared. They are panicking.
It is not true that no one knows what is coming. Do not believe it.
CLS,
I agree with you. If I know it (and I do not have inside data or sources) then, the power brokers must know it. I have been told that some elite (Rockefeller) watch this site, but I have no way to confirm that.
Greg
Brilliant jerry,
Greg … looking at a a short term “weekly” chart of the S&P500 I can see how CLS would be worried about a “spike down” in the market to about 1900 … http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&b=5&g=0&id=p35187772406
However … once QE4 kicks in … and the US dollar tumbles for real (late next year) … the S&P500 will likely zoom to 2300 to 2400 (in cheaper dollars of course)!
GREG:
Did you hear Matt Drudge share his source’s information on coming changes to private news reporting websites?
Apparently it has something to do with copyright laws/not being able to share stories from major sites like CNN, FOX NEWS Etc. due to violation of their copyright laws (more government control directed towards smaller, private sites who tell the truth). Apparently Matt Drudge has been warned that the government is getting ready to pass these new laws soon, and he is concerned that he’ll have to shut his site down. My question to you is that since you interview guests who many times share their experience/knowledge and you do quite a bit less posting of actually stories from other news reporting agencies to your site, will you survive these changes if they indeed take place? Have you heard about all this and if so, what is your take on this matter?
Linda,
Yes, it is bad, but I do original programming in the form of interviews and my Weekly News Wrap-Ups. Not sure it will affect me as much as him. (I don’t know why someone could not obtain permission to post links.) Links are the life blood of the internet and there is even a term for linking to someone. It’s called “link love.” Drudge has a site filled with links, and when he posts an article he gives “link love.” He started his site at the beginning of the internet revolution. You could not start a site like his today. You would never get the exposure or rankings from Google to survive. Drudge does not need Google, but it appears they will get him with the copyright laws. I think this is bad for media in general and I hope it can be fought and won. It will hurt free speech and decontamination of information which the central planners do not like. Please support Matt Drudge.
Greg
Linda and Greg, I would not worry about this issue about copyright law. It is a non-issue. I do not read “Drudge Report” but I would warn you away from that spectrum of the internet.
I am beginning to understand that people are taking what I say and tuning it to what they have already heard. I should have been more specific. The restrictions to which I am referring are completely different and they have been happening since at least March of this year. There is great deal going on beneath the surface that you will never be told about.
What you will see in the near future is talk about mandated licensing of web sites.
Will they sink USAW?
Greg
Yes, in many instances the links serve to support the originating publisher (link love) so you’d think that the big news agencies would be against what’s being proposed too. I think that the neocons want to get rid of as many news agencies as they can (especially the smaller ones that they aren’t or can’t control, and this is most likely why they’re apparently preparing to target sites like the Drudge. We live in frightening times, and so my thoughts and prayers are with Drudge and folks just like him.
To echo Steve, above, “do not listen to those who are telling you everything is wrong”.
CLS … I’m not in the stock market and thus don’t have to worry about a crash … but there is something in what you say that doesn’t add up … you say “the dollar will be gone” … but what that means is … stocks and their prices should be worth “more” of these worthless dollars … so instead of a crash we may actually get what happened in Zimbabwe (the stock market will explode upward assuming massive QE) … now without massive QE … yes … the stock market will crash (but then the dollar “won’t be gone” and will likely have more value)? … it’s not that I don’t agree the dollar will loss value … it’s just that upon doing so … I think the stock market will actually rise in nominal terms.
CLS … although we can have a “quick spike down” in the next few days to about 1800 on the S&P500 … the long term trend is not broken … once people realize QE4 is a matter of Fed policy and it begins to takes hold … I see the S&P500 going to 2300 to 2400 … https://scontent-lga3-1.xx.fbcdn.net/hphotos-xpt1/v/t1.0-9/12108210_10153735254228336_8646658664415698249_n.jpg?oh=33eda3734c6be3c04dc922384c0bd1f8&oe=56C9F0CC
Paul, the indices are like a ship that has been punctured below the water line. This ship has been taking on water for some time. The flooding has been getting worse, especially in September. That was the reason why the markets shook so much. It has to do with things that you know nothing about. Things beneath the water line. Things that the media will not tell you about. Very soon, the ship is going to go vertical. When that happens, you will have very little time to make any further preparations.
Please understand, I am trying to help. You do not have time to be arguing about the the value of water.
CLR
More than once I have agreed with you, so I know you are not blowing smoke. I know you have your sources and I have mine. The information I have gathered indicates something major happening before the G20 meeting on November 15th. I can’t pin an exact date on it, but whatever it is , involves a problem originating in the Derivative market in the EU. Some are predicting October 31, but I can’t find any information to confirm that.
You posted a link to people that survived the sinking of the Titanic. That is not what I expected. However, I did have a very interesting sociology professor. He not only had a degree in sociology but he had also worked as a butcher. What does that say? It says that this man knew the meaning of life and death and of hard work and was not merely an intellectual, but practical. I digress. This professor had two obsessions. One was Pitcairn Island. Why Pitcairn Island? Because that was where the Mutiny on the Bounty ended and where the sociology of that event began.
His second obsession was the sinking of the Titanic and how the people on that ship could have prepared and survived. Now if you had posted THAT type of information, I might have been impressed, but you did not.
How did my sociology professor explain to us how the people on the Titanic could have survived? Well, he was a practical man. So he did some practical tests and experiments with people interested in survival. I took this course back in the early 1990s, long before the prepper movement. But there are always men that are curious and men that want to learn how to best prepare, and survive, in extreme environments. Which is what my professor, and friends did.
The premise for the test was simple. How do you survive in water that is 28 F for the 2 hours and 10 minutes it took until the RMS Carpathian showed up for rescue? This was the test. To survive in hypothermic conditions until rescue arrived.
It is ingenius as to how it was determined how people could survive the sinking of the Titanic by my sociologist professor and his survivalist friends.
There were two items that were stocked on the Titanic in large enough quantities to have saved many people. It took more than two hours for the Titanic to sink so there was enough time to use those items and get ready. Which items?
Bedsheets and lard.
If the men had torn bedsheets into strips and gone into the kitchen and raided it for the buckets of lard, that combination was enough to have kept people alive in freezing temperatures until rescue.
My professor and friends actually did this test.
The test meant that you stripped naked and covered your body with lard. You then wrapped yourself in torn strips of linen. Then you covered your body with another layer of lard, another layer of sheets, another layer of lard. I don’t remember exactly how many layers they used. Then they jumped through the ice into freezing water to test their idea. It worked. They were able to stay warm enough to survive until rescue.
If that was your point CLS, perhpas you could have been more specific (and less mysterious) about how folks could best survive. Posting a link to survivors from the Titanic was less than helpful.
CLS and others: I had to go check my notes and did a search for this concept about using lard to survive sub-freezing temperatures in water.
I have my class notes dated 5/29/1992 and 6/1/1992 (hand written):
This was the course and the professor: Sociology 110, Survey of Sciology, Instructor was Stan Guinn, Green River Community College in Auburn, Washington.
5/29/1992: “Titanic sunk in 2 hours 20 minutes. For Monday: how to save yourself in one hour.”
6/1/1992: How to survive in one hour
–whales and seals have blubber, a layer of fat
–cover self with heavy grease, the best grease is in the bearing? grease from the engine room, the next best grease is lard (from a pig) or tallow (from a cow) and the last would be vegetable shortening.
–first coat feet, socks, shoes, grease whole body, wrap with linen strips, grease over these another layter of sheets, a layer of greeze and add flotation device
–do head, around face, thin layer around eyes and nose and mouth
–group together in a big bunch or stay next to a lifeboat so you could be located
–Grand Coulee: 14 inches of ice
7 lbs of lard per person
cut hole in the ice
6 hours in the water
I posted this comment because my professor did not give us a source for this experiment. I did a rudimentary search but was unable to find this experiment which is why I dug out my notes and gave the professor’s real name. I have not seen this experiment in any recent survival shows and the only recent experiment seemed to be some kid doing a basic science project and was not relevant. As I recall these guys actually spent six hours floating in freezing water to prove this hypothesis.
I will check back for comments. Links are appreciated!
How fascinating! Thank you for posting this info. By the way, I bet they could have helped their survival by drinking a good bottle of brandy, too.
Actually imbibing alcohol is not advised in a surival situation involving hypothermia.
Faith,
My take on the Titanic clip and its relevance to what is going on in the world (more precisely the US)….the Ship is the US….its passengers are the citizens. Go back and watch the clip again…..this time switch the Titanic with the US.
CLS is indicating by presenting this clip…..the unpreparedness for a disaster. Many have used the same analogy.
The first hand accounts for me…hit a home run….especially the Life Boats and the lack of induction. No one was prepared. This rings true on many fronts now. That I believe is the message from CLS. I remain to be corrected.
Yes, that is the way I intended it to be taken.
Good for you, Silence.
CLS: You failed to explicate your intention. Nor did you give any specific advice on how to survive this sinking ship other than some murky comments and a URL to the survivors of the Titanic. I don’t call that helpful or informative.
At least I was able to give some real advice on how people could have survived the sinking of the Titanic.
CLS you have not given any practical advice or information and if you do not read the Drudge Report or Zerohedge, pray tell, what do you read? Or you just imbibe the ether and prognosticate?
I have found nothing of value, and I mean nothing, in any of your obscure comments.
Greg,
Keep telling the unvarnished truth. Don’t let those who want you to moderate the message influence your work. The world needs truth and honesty not spin. Keep up the good work!!!
Best Regards,
Jeff
Moderate Views?
They should seek a more moderate site. CNN or BBC maybe?
Presidents, Bankers, the Neo-Cold War and the World Bank; Nomi Prins
Presidents, Bankers, the Neo-Cold War and the World Bank
DateMonday, March 23, 2015 at 5:58AM
At first glance, the neo-Cold War between the US and its post WWII European Allies vs. Russia over the Ukraine, and the stonewalling of Greece by the Troika might appear to have little in common. Yet both are manifestations of a political-military-financial power play that began during the first Cold War. Behind the bravado of today’s sanctions and austerity measures lies the decision-making alliance that private bankers enjoy in conjunction with government and multinational entries like NATO and the World Bank.
Never in my life have I seen so many looking for work, and work so hard to find. Sure 7 bucks an hour. Not me I am worth more then slave wages.
I would like to be clear about three points. First, I am not a reader of economic news. You would do well to stay away from the news. Stories are planted there to confuse officials in planning sessions and other meetings.
Second, I am not telling you what I am worried about. I am telling you what is going to happen. Things which you cannot see have already happened. I keep trying to make it clear to you: you would do well to stop believing that you understand what is going on. Humility is important right now.
Third, a little less conversation and a little more action. You can spend all day reading charts on a wall, but your time will be better spent on taking steps in a positive direction. Food in the pantry. Money out of the bank. Guns and ammunition and so forth bought and in working order. Find a stream of fresh water. Stack fire wood. These are all things that I myself have done or have had done for me.
You do not have much more time left. If you find something that confirms what I am saying, fine. My voice is not the only one warning you that something wicked this way comes. But remember, less talk and more action.
CLS,
Good advice. I try to do something everyday to put myself in a better position. After nthis big crash will travel on the roads be restricted. Are we going into a real life “Mad Max” world?
Greg
How do you “know” what is going to happen?
In this day, a wise man will drink water only from a source he knows is safe and that he trusts. We don’t know you or your source.
Scripture warns that false prophets and false teachers shall deceive MANY (not a few, but most people). In fact, these false teachers shall ALMOST deceive the elect.
But they don’t.
Why not the elect?
The elect will not “drink water” from an unknown source.
CLS: The only thing I can confirm is that you are an absolute flake.
Greg,
There was one particular part of the interview that was extremely interesting. it happened right around the 17:30 minute mark. He said that ‘Something else going on in the system, something that really has them scared, an aftershock still of the panic in 2008, missing a major bank or new stresses in the financial system… something is Amis… “the Fed is very concerned about something”… He said something is going on…
Then he spoke about the ghost of some of the events of 2008.
I wish that I could glean what he was talking about during these sections. I think that if we knew these things, we would know a lot more about what is really going on behind the scenes.
Best to you and thanks for all you do Mr. Hunter.
CD
I noticed that too.
Something hit the markets very hard in September. Whilst I cannot confirm it…I believe the Derivatives within the Banks and even the Large Corporates may have been activated with losses not being capable of being absorbed = Insolvency. I think it is proving to be too big for the FED to handle. The FED in that case would prove to be itself INSOLVENT.
This is the moment that all and sundry have been waiting for…but there is no confirmation….no MSM reports….no public knowledge….more disguising and hiding of the truth. Lambs to the slaughter….repeating history.
Breaking. China devalues Yuan by the most in 2 months. Gold jumps. Guess those ships heading to islands not preplanned/sarc
CLS. You referred to the NDAA. It was designed for a purpose and time. Never for the betterment of the mass. It along with other bills are reserved for the time of chaos. Take over of system functions. Forget debates on the fake 2 party presentation. I feel it blows up before next US election. I also feel its gonna be bad,real bad.
Thought for the Day – Wednesday 14th October 2015
It is very unnerving to be proven wrong, particularly when you are really right and the Governments and Central Bankers of the world who are really wrong and trying to prove the public wrong and proving themselves, wrongly, right.”
Peace be with you on this day
Mike Harvey
Resident in Ireland
Greg, From the looks of things, I think that from the looks of the stock market and shadowstats, it’s looking like they are trying to bring the economy down as a controlled collapse, just think. Take the market topping in May 2015 and how much it lost now. The Government is too sneaky, not to have a plan. Bad or Good. Get rid of your 401k now