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Dollar Collapse July First--New Currency Law Will Drive Massive US Bankruptcies (Picture, video)

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Expert Says: “Look who’s going bankrupt next in America”

New currency law—part of H.R. bill 2847—now in effect. Could make situation worse

03.20.2015     BY MIKE PALMER, STANSBERRY RESEARCH

No one believed Porter Stansberry seven years ago.

As head of one of America’s largest independent financial research firms, Mr. Stansberry’s work back in 2008 led him to a bold, but worrisome, conclusion: That the world’s largest mortgage bankers–Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America–would soon go bankrupt.

RELATED: Multi-millionaire shares his blueprint for surviving the coming currency collapse.

In fact, in June of 2008, while their stock prices were still trading at well over $20 per share, Stansberry published a report to his customers titled: “Fannie Mae and Freddie Mac Are Going to Zero.”

Inside this report, Stansberry explained:

“For those of you who don’t work in the financial industry, it might be hard for you to immediately grasp what’s so dangerous about the extreme amount of leverage employed by Fannie Mae and Freddie Mac. Let me explain exactly what Fannie and Freddie do and why they’re in so much jeopardy…”

We all know what happened next. Both agencies went bust—and if not for a bailout from the Federal Government, both would have declared bankruptcy.

Barron’s—America’s second biggest financial newspaper—even wrote a story about Mr. Stansberry’s accurate prediction short, and called it “remarkably prescient.”

Over the years, Mr. Stansberry has made a name for himself by accurately predicting the biggest and most important collapses in America. A few of the others he’s accurately identified well in advance include: General Motors, General Growth Property (America’s biggest mall owner), D.R. Horton (a homebuilder), and Gannett newspapers, to name just a few.

Stansberry also predicted the recent collapse of oil and natural gas prices as early as 2010, when he wrote a report titled: “Peak Oil is a Flat Lie.”

Well, now Mr. Stansberry has issued another fascinating warning, about a new and looming bankruptcy. MOREHERE

 

 

 



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    Total 13 comments
    • NWO for Dummies.

      I like the part where the patriots in and out of the military with the help of the states and local government topple this fascist corporate controlled government in that Ton of Washing. :roll:

      • General Sanders

        @ Muck
        Spreading more BS on BIN its all ONE Central Bank WORLDWIDE Start with the Rothschilds & Rockefellers!

        And That Isn’t G. WASHINGTON on a Federal Reserve Note, not that it really matters since G. Washington like all the rest of the Presidents were/is all Masons aka AshkeNAZI Jews aka Templar’s aka Pharisee Jews aka Rh Negative Blood Types!

        Adam Weishaupt on the U.S Dollar/FEDERAL RESERVE NOTE

        http://truthabouttupac.com/photo/adam-weishaupt-on-the-u-s-dollar?xg_source=activity

        • ExposeTheTruth2.0

          Hitler was gay, and he recruited gay soldiers because they had no limits on their savagery .  The brownshirts’ had a no women rule, that extended  into sex, how do you think they got the name brownshirts’.

          Hitler discovered that he could not get straight soldiers to be savage and brutal enough to carry out his orders, but the homosexual soldiers basically had no limits and the savagery and brutality they were willing to inflict on whomever Hitler sent them after. So he surrounded himself, virtually all storm troopers, the brownshirts, were male homosexuals.

          Barry Davis Soertoro ‘Obama’ aka Barrack Hussein Obama is doing the exact same thing today.

          Fact: The Nazi movement is extremely prohomosexual, and is currently  behind the most powerful gay rights advocacy groups in the world.  Keep in mind,  George Soros, and his best friend Adolf Hitler, were known to partake in sword fights under the sheets.

          Just look around today.   All you see is pro Neo-Marxist Fascism.  Its being thrown in your face, not just  with Caitlyn Jenner, but from every angle.  The ‘Neo-Nazi Prohomo Agenda’ is driving the world into a demonic cesspool…

          God Help Us!

        • The Truth Wins

          You have a valid point, 5 Star. Actually the Bank for International Settlements, which under its charter back in 1929 has immunity from any regulations and oversight, runs the world’s banking network and most sheeple don’t even know about it. Based in Basel, Switzerland the BIS is the banker for the world’s Central Banks. They had Nazis on their board during WW2, laundered money for Hitler’s Bundesbank before, during and after the war, and also helped hide gold stolen from Holocaust victims. Although the Rothschild dynasty has influence there, they prefer to do so from the shadows. The entire world’s financial system is smoke and mirrors anyway. When China announces how much physical gold they have soon (10,000 to 30,000 tons), other fiat currencies will plummet 25-30% in value vs. the yuan overnight. Grab your bootstraps….it’s going to be a rough ride! :cool:

        • Gil Carlson

          Get a better idea of why the aliens are here and how long they’ve been here and what their plans for humans are!
          http://www.blue-planet-project.com/Conversation-With-Aliens-Alien-Messages.html

    • ONE GOOD EYE

      Broke anyhow 0 from 0 = 0 :eek:

    • FusedNail

      I’ll bet a dollar this doesn’t come true

    • Anonymous

      video from 2014

    • GOLOC

      One thing is for sure since the posting 48 hrs ago of the story Jerusalem will be divided on September 15, and my links to prove the US will be split in Half down the New Madrid on the 16th, and the Waco Massacre posting of how a Million Texans should go arrest all the law and Judges in Collins county, BIN has been nothing but BS Articles, they the gov trolls are pulling up and bring up all the trash they can, So beware they don’t want you to know the truth are stand up for justice.

      • Doccus

        Look, it’s Netoonahoo that’s the one leading the charge for the 2 state solution. He was recently quoted that “jhe’s always believed in it” . So the “splitting the US in the middle” is utter bunkus!
        Split Netanyahu’s HOUSE down the middle instead and leave us alone!

    • Pink Slime

      Everyone should know by now the ENTIRE world is bankrupt and needs to be reset. The reset button has various names.

      Like FF OPERATION, WAR, PESTILENCE, DISEASE, EMP PULSE, etc.

    • WhiteDawn

      I’m not worrying. BitCoin is here already!
      Fortune in few days!

      • umbra gamma

        BitCoin just a test … the unidollar coming soon.

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