Global. Economic. Collapse. And The “Bernanke Moment”
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
investmentresearchdynamics.com / By Dave Kranzler / Feb 5, 2016
The global economy, including and especially the United States, is collapsing. It’s debatable whether or not the western hemisphere countries produced true inflation-adjusted real GDP growth from 2009 to present. Yes, I know the numbers the U.S. Government’s BEA spits out purport to show “seasonally adjusted, annualized” economic growth. But a book could be written detailing the ways in which the Government manipulates and outright fabricates the data. John Williams of Shadowstats.com publishes a newsletter with highly compelling evidence. Anyone who dismisses Williams’ work does so out of complete ignorance.
The Baltic Dry Index is one of the primary tell-tales of economic collapse. It measures the demand for container cargo shipments of bulk raw materials used for all stages of manufacturing. It’s been twisted into evidence that China is slowing. But it tracks global shipments and the U.S. and Europe are China’s two biggest export markets. If China is not shipping, it’s because there is no demand from it’s two biggest customers. It’s really that simple.
Need another indicator of the collapsing U.S. economy? The mass layoffs that occurred in 2008-2009 are starting to hit the system again. We know the energy sector is shedding jobs quickly. But the retail and financial sector are close on the heels of the energy sector withjob cuts – LINK. And all those bartender and waitress jobs that the Government alleges to have been created are to disappear again: Service economy is tanking. But there’s always this graph to the left if you think I’m making this up.
The post Global. Economic. Collapse. And The “Bernanke Moment” appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/05/global-economic-collapse-and-the-bernanke-moment/
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