Gerald Celente with Greg Hunter, at USA Watchdog July 4, 2012
Gerald Celente with Greg Hunter, at USA Watchdog July 4, 2012
An independent global think tank, LEAP/E2020, recently reported the opinion that “this second half of 2012 will really mark a major inflection point of the global systemic crisis;” “The shock of the autumn 2008 will seem like a small summer storm compared to what will affect the planet in several months.”
In fact LEAP/E2020 has never seen the chronological convergence of such a series of explosive and so fundamental factors (economy, finances, geopolitical…) since the start of its work on the global systemic crisis. Logically, in our modest attempt to regularly publish a “crisis weather forecast”, we must therefore give our readers a “Red Alert” because the upcoming events which are readying themselves to shake the world system next September/ October belong to this category. Continue reading
My solutions, such as they are, are grassroots solutions. We have to build things from the bottom up. Our centralized life support systems will fail over time because they’re critically dependent on tax revenues that won’t be there and cheap energy that won’t be there. These centralized systems won’t be able to deliver the goods and services we’ve come to rely on.
What we need are alternatives that come from the bottom up. The reason these work is because they operate within the trust horizon…via DollarCollapse.com.
Government lies are legion. So many are its lies, that narrowing them down to three of the most important is a demanding task. But our current crisis has been chiefly enabled by monetary policy, fiscal policy, and the global military empire. So I have chosen to focus on lies about each: the Federal Reserve, the orchestrator of monetary policy; the U.S. budget, the accounting of government fiscal policy; and a few of the Empire’s war lies. I am sharing just a smattering of this astonishing record of duplicity in these areas, for life is short, or at least far too short to recount all of the state’s lies about each.
Lie #1: The Federal Reserve Is a Bank … A bank is a company in the free economy that competes with other banks offering willing customers a safe place to make deposits and earn an interest rate return, while also competing to offer loans from those deposits to willing borrowers…
Lie #2: War Lies … In the case of the Iraq war, not only did defense Secretary Donald Rumsfeld lie about knowing where the non-existent weapons of mass destruction were in Iraq (“We know where they are. They’re in the area around Tikrit and Baghdad and east, west, south and north somewhat.”), in a later exchange with my friend former CIA senior analyst Ray McGovern, Rumsfeld even denied he had made such a claim..
Lie #3: The Real U.S. Debt …This may be the most brazen and transparent lie of all, the one about the U.S. national debt, now over $15 trillion dollars. It is a number that hides the severity of our situation… the real federal debt is much, much larger and like an iceberg below the water line, most of it is hidden out of sight… Each year the federal government makes new promises and takes on trillions in new financial obligations that do not show up in the visible, official national debt. The persistent growth of these hidden debts each year far outpaces the increases in the visible debt. In 2010 for example, the visible federal debt grew by an astonishing $1.5 trillion. But the hidden debt – out of sight and without debate – grew by more than $5 trillion!… go here to LewRockwell.com
“…According to Mitchell (who is a senior fellow at the Cato Institute), some wealthy Europeans are preparing for a level of chaos in their respective countries worthy of the title, “apocalyptic.” In Mitchell’s words:
About a year ago, I spoke at a conference in Europe that attracted a lot of very rich people from all over the continent, as well as a lot of people who manage money for high-net-worth individuals.
What made this conference remarkable was not the presentations, though they were generally quite interesting. The stunning part of the conference was learning — as part of casual conversation during breaks, meals, and other socializing time — how many rich people are planning for the eventual collapse of European society.
Not stagnation. Not gradual decline. Collapse.
As in riots, social disarray, plundering, and chaos. A non-trivial number of these people think the rioting in places such as Greece and England is just the tip of the iceberg, and they have plans — if bad things begin to happen — to escape to jurisdictions ranging from Australia to Costa Rica (several of them remarked that they no longer see the U.S. as a good long-run refuge)…”
go here for the rest of this sobering spin: Likely Collapse of the Euro Leads to Second Amendment Lessons.
Each generation hopes their children and grandchildren will achieve more economic potential and more individual freedom than prior generations. As a new grandfather I researched economic conditions and education quality facing the generation of my infant grandchildren and their parents, compared to that faced by my generation when their age. The results are available to you in a series of free mini-reports listed on the home page – with explanatory pictures.
There are so many great & positive things about our beloved America to celebrate. But, there are also some negative trends. Perhaps if more are aware of the negatives even more solutions & positives will result. The objective of these reports is to increase awareness of certain disturbing items, using an easy-to-understand format with hard data presented in picture form.
Gerald Celente – Goldsek Radio – 16 Nov 2011 : they are going to keep interest rates to zero until 2012 – 2013 , and what does that mean ? it means if you have money in the bank you are wasting your time by keeping it in there cause you are not getting anything in return , you used to kep up with inflation , not anymore , they need to keep interest rates to zero so the Ponzi scheme could keep going , I am in Gold and Silver and mostly Gold and that’s where I’ll stay ….
Walk away! Simply walk away… i.e.:
Bankruptcy has often been considered to be the ultimate shame and crowning mark of failure. Yet for millions of people out of their financial depth, bankruptcy should actually represent a path out of a financial nightmare. Bankruptcy is not reserved for deadbeats, failures, or losers. Instead, it is for honest individuals who realize that the only way out is starting over…
We are being throttled by the Big Lie: we’re told that if the predatory financial system implodes, we’ll all be ruined. The opposite is true: the only way to save our economy is to let the corrupt, pathological and flawed financial system implode….
Capitalism: Death By A Thousand Cuts, By Keith Weiner, on November 3rd, 2011
- Capitalism died when they decided to subsidize railroads for the sake of national prestige in the mid 19th century
- Capitalism died when, to compensate for the consequences of subsidized railroads, they passed anti-trust laws in 1890, under which it is illegal to have lower prices, the same prices, and higher prices than one’s competitors.
- Capitalism died in 1913 when they started taxing income, and created a central bank.
- Capitalism died after 1929 under the flailing interventionism of Hoover.
- Capitalism died in 1933 when FDR confiscated the gold of US citizens, outlawed gold ownership, and defaulted on the domestic gold obligations of the US government… go here for the rest
… Data released this week shows that 2.17 million loans are actively in foreclosure. Of these loans, 40 percent have not made a payment in over two years! 72 percent have not made a payment in over one year! In essence, just like with our financial fixes, this has been the equivalent of covering up our eyes like a child fearing the boogieman and pretending there was no issue in the system…
The wireless industry has long been the victim of discriminatory taxation. In fact, state and local taxes have skyrocketed in recent years to an average of over 16%—much higher than the average state sales tax of 7.4% on other goods and services. In some cities, wireless taxes reach over 25%. All told, wireless taxes cost consumers $21 billion annually…..
“… the Supplemental Nutrition Assistance Program, which informs us that in August, a new all time record number of Americans, or 45.8 million, relied on food stamps for sustenance. So for those who are looking for those up and coming states where the population has decided that slowly but surely work of any kind is an anachronism we suggest you move to Alabama, Delaware, Utah, or Washington: all states that have seen at least a 3% sequential increase in food stamp usage. And, tangentially, confirming that this country’s economy is headed straight to hell and won’t pass go is the latest news from LPS according to which nearly 40% of loans in foreclosure have not made a payment in two years, and 72% have not made a payment in the past 12 month…”
Overview The Consumer Price Index CPI for all food increased 0.8 percent between 2009 and 2010 and is forecast to increase 3.5 to 4.5 percent in 2011.