**Important!** The Collapse of the Economy Started Over the Weekend, Mainstream NOT Covering This! | What in the World Just Happened in Switzerland and WHY You Should Care! (Video) (Video) Heads UP!
The Collapse of the Economy Started Over the Weekend, Mainstream NOT Covering This!
19 Jan 15
As BPEarthwatch begins his video you may wonder what that has to do with the economic collapse, but hang in there. VITAL INFO and paralells!
Switzerland’s unexpected decision to allow its currency to float freely once more against the euro may have claimed another victim—Everest Capital’s Global Fund.
Bloomberg News, citing a person close to the firm, reported Saturday that Everest’s $830 million fund, its largest, took a bath after the Swiss National Bank unyoked the franc from Europe’s single currency this week. The Miami-based firm is run by Marko Dimitrijevic, a hedge fund veteran who has a long history in turbulent emerging markets.
The SNB’s decision to remove the three-year-old peg, a legacy of Europe’s debt crisis, left a number of financial firms reeling. One of the worst hit was retail currency trading firm FXCM was forced to take a $300 million lifeline from Leucadia National. Major Wall Street banks like Citigroup, Deutsche Bank and Barclays also took a hit. Read more
MORE:
The Swiss central bank has pulled the plug on the euro and the euro has dived across the board and crashed against the Swiss franc. The Swiss franc has exploded against all currencies up 13% against the dollar as I write. At one stage it was down around an earth shaking 25%. Meanwhile gold, an analogue to the Swiss franc, has spiked $20.
So this is the background: During the euro crisis huge waves of hot money swamped the Swiss franc as fear of a euro collapse made international funds dash for safety. The Swiss franc is a renowned and historic haven for hot money in times of uncertainty. The Swiss franc span upwards out of control and threatened to crush Swiss commerce. This was terrible news for Switzerland. How can you export your goods to the world when your currency is so high it is better than gold?
The answer is to peg yourself to the offending currency–the euro–and buy it and other currencies to pull the price of your currency down. In effect you say, “you want my currency, then have it, I’ll print it.” You are then flooded with foreign currency reserves, which is a nice result and your currency doesn’t rise to the moon. You can always buy back your currency with that money later and probably turn a fat profit. Read more
Are you truly, fully prepared & ready? Have you included this INDISPENSABLE component? (Scroll to below the video).
What in the World Just Happened in Switzerland and WHY You Should Care!
Plus:
http://revivehope.wordpress.com/ http://myshieldmyrefuge.wordpress.com/
http://wildernesstraining.wordpress.com/ http://emoaf.org/ http://www.calvarycch.org/
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Whistler Blowers, Insiders
Oh NO!
Not that guy again…
well, i see the trolls are out in force again today, this is a fed. holiday so why don’t all you trolls take the day off! and why don’t you just take the rest of your time off and go retire or something you are NOT stopping us now, we will prevail and we will remember who is who!
who is this “us” and “we” you speak of?
this article should have been titled “My 5th-hand presumptions on economics and how to divert every conversation into my insecure Christian faith”
Lol, the only reason you think it is insecure is because you don’t know Jesus. He is the most secure vault existing. I don’t know or care anything about the Swiss money, but I know Jesus and if this author knows him your comments will run like water off a ducks back. It seems a sin to some to care for anothers soul. Right or wrong on the Swiss issue the author is trying to get you out of the fire. You should look into it.
Due Dil is DEFINITELY a “believer” whether BPEarthwatch (vid 1) is, no idea but think he is. ether way (or nonetheless) get prepared, oh how much more can one say, GET SAVED WHILE YOU CAN!!!
“Lol, the only reason you think it is insecure is because you don’t know Jesus.”
Have you ever met Jesus? I don’t mean allegorically, I mean have you ever met him physically?
No? Then what gives you the right to speak for him?
Started over the weekend? I’m pretty sure that it had started a long time ago.
I have seen the MooOOOOOo natives….MooOOOoO
I’ve followed BIN for over two years now….not one of these doom & gloom predictions have come to pass, not one. So what does that tell me?
All the informative posts with links to interesting learning opportunities have long been gone and many posts now are copied from previous posts, perhaps to keep a rotating readership driven to the same place and state of fear. New material is in short supply.
We create our world around us and being in a constant state of fear is focusing our global consciousness on bringing about the very disasters these articles promise. That is their real threat and only intent.
It doesn’t have to be this way. Proof? Not one disaster predicted here has happen. Remember Y2K? Remember Mayan 2012? But with the global consciousness focused on negative fear, remember what did happen during those times….while you were distracted?
Any magic trick of deception requires you to focus on the left hand while the right hand is doing the magic. Which one are you paying attention to?
I stopped buy stock 10 years ago due to increased volitility. It’s only become worse since.
I couldn’t begin to say when it ends but no economy can run on debt indefinately. It’s a self defeating modality or if you wish, diminishing return.
It had to end sometime and now we’re seeing this world economy begin it’s death rattles.
I believe this guy.
https://www.youtube.com/watch?v=9BoZgGR7qy4
I believe this guy.
https://www.youtube.com/watch?v=9BoZgGR7qy4 It’s Jim Willie!
Watch for the rise of SIN in this country. (Christianity removed).
Watch for lawlessness. (Illegal negro president).
Watch for a push for sodomy in all 57 states. (Abomination made legal).
Watch for the rise of extreme violence. (Terrorist attacks on civilians).
Watch for the love of many to wax cold and selfishness. (Parents killing children and abortion).
Watch for Noah’s daze. (From all of the above).
All who call on the name of the Lord Jesus Christ or sign themselves with sign of the cross during WW3 will be saved. War in Ukraine will last two years (2014 – 2016). Then WW3 will start. Then Tsar will come to power in Russia to protect people from the antichrist. Antichrist will allow all sin. Don’t sin. God is merciful but 666 is not forgivable. 666 is given with grey plastic card. Food stores, prisoners, and police will 666 people too. Don’t get new documents. Don’t get any surgeries. Don’t eat meat. Don’t eat fast food. Don’t eat junk food. Pray the Jesus prayer. Don’t go into UFO to be healed by evil demons. Feed the pigeons. Give to charity in the name of Archangel Michael. Reject vaccines. Hide with Orthodox Christians to escape mark of the beast.
quote, “feed the pigeons” –
yes thats important !
The Euro has not gone bang because it lost its peg to the frank !
Seems to me that these people post any rubish and then have the usual “Pray to my god” tagged on to the end and are nothing more than religious freaks who cannot think stright.
BIG DEAL that gold went up $20, so what it goes up and down all the time and a 2% shift is no reason to say
“The Collapse of the Economy Started Over the Weekend”
Yes we will get a crash but talk like this happens all to common here for me.
when oil will be below 20 things will get better
as soon as we have free energy it will be ok
I see the stock markets are still up sooooooo when is the big crash coming???
THIS WEBSITE HAS JUMPED THE SHARK!!! I AM OUTTA HERE,,,,,,,
Only Those Who Are Taught By The Father Can Come to Yahshua
Yahchanan ( John ) 5:
41 Now the Yahdaim murmured against Him, because He said: I am that bread which a came out of Yahweh. 42 Then they said; Is not this Yahshua the son of Yahseph? We know His father and mother! How, then, can He say: I have come out of Yahweh? 43 Because of this Yahshua answered, and said: Stop murmuring to each other.
44 b No man c can come to Me, unless the Father, Who has sent Me, d draws him; and I will e establish him as a priest at the last day.
http://www.yahweh.com/free_booklets_us_canada.html
Isn’t Celente an “elite” tool? When insiders make prophesies like that, I doubt it’s their close relationship with God – they were TOLD by an “elite” when they were planning to pull the plug.