Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Michael Moore
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Warning! The banks will collapse very soon

% of readers think this story is Fact. Add your two cents.



 

WARNING!!! The banks will collapse very soon

If the United States experiences a horrifying economic collapse (and it most definitely will), will that cause a complete and total collapse of society? 

Will we experience crime, violence, riots and social unrest on a scale that is unprecedented in U.S. history? 

Before you dismiss such notions as utter foolishness dreamed up by a few bloggers with too much time on their hands, perhaps you should consider what one of the biggest credit rating organizations in the world is saying. 

According to a report on sovereign debt by Moody’s, the world’s five biggest AAA-rated countries (including the United States) are all at risk of soaring debt costs and will have to implement austerity plans that threaten “social cohesion”

In case you are wondering what happens when “social cohesion” starts to break down due to economic factors, just check out the recent examples in Iceland and Greece. 

If even Moody’s is warning that there is a realistic possibility that “social cohesion” in the United States may break down due to economic factors, perhaps we should all start listening.

 

Or if you will not listen to Moody’s, then perhaps you will listen to the man who has been called the top trends researcher in the entire world. 

Gerald Celente is the CEO of Trends Research Institute, and he is convinced that we are heading into what he calls “The Greatest Depression”. 

The picture that he paints of the future of America is extremely alarming and extremely sobering. 

It would be easy to dismiss his forecasts as just the ramblings of another useless “talking head”, but unfortunately Celente has been dead-on accurate time after time after time in the past. 

Considering his exemplary track record, what Celente says is coming next for America is incredibly frightening….

 

At this point you may be tempted to think that America has been through extremely tough economic times before (The Great Depression for example) and came through them okay.

So what is so different now?

Well, the truth is that the character of the American people is dramatically different.  At the time of the Great Depression, the American people were tough, self-sufficient people who knew how to live off the land.

  Today, most Americans are weak, spoiled little children who will throw a temper tantrum whenever anyone tries to take their toys away. 

The character of the American people has been decaying for decades, and there is no way that the current crop of Americans has any chance of weathering a horrible economic depression the way Americans back in the 1930s did.

Already we are seeing early signs of what the rest of America could soon be like. 

The city of Detroit is a rotting, crime-ridden war zone that has a “real” unemployment rate of somewhere around 40 to 50 percent. 

The state of California has become a cesspool of gang violence, rampant unemployment, rising foreclosures, unchecked drug dealing, and depressing economic decline

Even in New York City we are seeing early signs of what is ahead.  Residents are quite alarmed about the dramatic rise in violent crime that is happening throughout the city. 

Many New Yorkers were convinced that the days of “The Rotten Apple” were behind them, but economic problems are going to cause an increase in crime in just about any city.

But it just isn’t crime that is on the rise.  Millions of normal, law-abiding Americans are angry.  This anger is coming out in various ways – including the Tea Party protests that are sweeping the nation. 

The majority of the American people are frankly disgusted with the government, and the approval ratings for both major parties continue to hover around record lows.  As things continue to get worse for the U.S. economy, the anger of the American people is going to continue to rise.

All of this is causing many in the U.S. government to view “troublemakers” inside the United States as one of the greatest threats to national security.  In fact, according to FBI Director Robert Mueller, “homegrown terrorists” represent as big a threat as al-Qaeda.

As big a threat as al-Qaeda?

For a top U.S. government official to come right out and make a statement like that is absolutely mind blowing.

Not only that, but now former U.S. President Bill Clinton is comparing Tea Party members to Timothy McVeigh.

Considering the fact that Timothy McVeigh received the death penalty, that is a very frightening parallel for Clinton to draw.

Does Clinton actually believe that Tea Party protesters should receive the same treatment as McVeigh?

Even more alarming is new legislation being pushed in the U.S. Senate.  A new bill introduced by Senators John McCain and Joe Lieberman would allow the U.S. military to round up large numbers of Americans and detain them indefinitely without a trial if they “pose a threat” or if they have “potential intelligence value” or for any other reason the President of the United States “considers appropriate”.

The reality is that as “necessary” as bills like that may seem to many as we edge ever closer to the breakdown of society, the reality is that the United States is quickly becoming just like so many of the other horrific totalitarian regimes that we have seen rise throughout the 20th and 21st centuries.

In fact a time may soon be coming when authorities in the U.S. may soon be able to legally utter this bone chilling phrase: “Your Papers Please!” 

Lawmakers in Washington D.C. working to create a new immigration “reform” bill have decided on a way to prevent employers from hiring illegal immigrants: a national biometric identification card that all American workers would be required to obtain.

Can you imagine being forced to carry around a national identification card?

Or worse?

A startup company developing “chipless RFID ink” has already tested its product on cattle and laboratory rats.

Could one day we all be required to sport an “RFID tatoo” to prove our identity to authorities?

Let’s hope not.

But many of us never thought that the day would come when we would see things such as the Patriot Act, “no fly” lists, the NSA’s warrantless wiretapping program, DNA databases, Guantanamo Bay or full-body scanners at airports that reveal the graphic details of our naked bodies either.

America is quickly changing.  The next Great Depression is coming, and society is not going to be able to handle it.  How the U.S. government (and governments around the world) handle the coming social problems is going to be very interesting to watch.  Let’s hope that all of this does not degenerate into the absolute societal nightmare that many are projecting that it could be.(source)

 

Peter Schiff Why An Economic Crash Is Coming In 2015

ECONOMY COLLAPSE: WHAT WILL HAPPEN TO YOUR SAVING IN THE BANK?

 

Hope for the best, but prepare for the worst.

This is a good motto to live by, despite how you think about things.

Individuals can still hope for the best (that things can and will eventually work out), but what good is your prosperity going to do if you don’t have anything to eat or a safe place to hang out for an extended period of time?

Why not prepare while you still can — when things are readily available and can still be purchased at cheap prices? The coming hyper-inflation will make any such purchases beforehand look very intelligent…

To prepare for the worst, you need a plan. Why are most people so against doing basic preparations that could be the difference on how they survive — or whetherthey survive?

History shows time and again that those who prepare always fare better than those who did not.

Having a plan and being determined to act on that plan will always be the best way to handle any contingencies, should they occur.

After disaster strikes, your mind is going to be racing around like a car on a race track. Preplanning and having a written set of measures to take will make someone’s life go much smoother when the SHTF.

 

SOURCE : http://www.prepperfortress.com/warning-the-banks-will-collapse-very-soon/

 

Other useful resources:

Survival MD (Best Post Collapse First Aid Survival Guide Ever)

Backyard Innovator (A Self Sustaining Source Of Fresh Meat,Vegetables And Clean Drinking Water)

Blackout USA (EMP survival and preparedness)

Conquering the coming collapse (Financial advice and preparedness )

Liberty Generator (Build and make your own energy source)

Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)

Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )

Family Self Defense (Best Self Defense Strategies For You And Your Family)

Sold Out After Crisis (Best 37 Items To Hoard For A Long Term Crisis)

Survive The End Days (Biggest Cover Up Of Our President)

Drought USA(Discover The Amazing Device That Turns Air Into Water)

 

 

You may also like …



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 23 comments
    • CrissCross
      • Man

        you have nio idea how the EU works.

        Member states appoints a member to the commission.

        and legislation must be approved by the Council in all areas (the ministers of member states) and the European Parliament in some areas before it can be adopted, thus the amount of legislation which is adopted in any one country without the approval of its government is limited.

        • DK

          Unless you live in the UK where a liberal Civil Service and government adopts all EU legislation as if it was written in Whitehall. With the Maastricht treaty qualified majority voting overruled state vetoes in most areas and the EU courts can overrule state laws at will, that began in 1991-2 and I think you live outside the EU if you believe the grass is so green over here.

          • Man

            Uhmm… not every EU member (like the UK) is part of the euro and it is outdated… since the Lisbon treaty.

            and it has nothing to do on how the European commission works as cited in the link mentioned by crisscross…

            have you even seen and read it?

            Do you even live in europe

            • DK

              There have been several treaty changes since Maastricht each time transferring more sovereign powers to the EU, the Lisbon treaty is not the latest version which was reworded to avoid referendums (8 years is a long time).

              The UK does not use the Euro as a national currency, and refuses to peg the Pound to the Euro due to the ERM fiasco with the EMU, which means it first did so with catastrophic effects in the early 1990′s forcing a huge rise in the UK interest rates when banks bet against the exchange rates, which was not necessary and not part of a UK obligation.

              I am a member of a Euro skeptic party, have fully read the Libson treaty(an essential part of MY business as is anything from Brussels) and have stood for election in the UK which means I have a good character reference having been cleared by the Electoral Commission and my Political party for candidacy and I most definitely therefore a UK citizen of good standing.

            • Man

              Why did you talk about maastricht treaty then?

              you must know that the EU commission isn’t only paid for by the oil industry… since that is the claim they are making in the link

              you where on the list,where you?

              The bottom 5?

              I am a professor in EU politics in Brussels.

    • Man

      the meaning of “soon”

      is meaningless at BIN

      soon can mean tomorrow or the next 1000 years

      • Anonymous

        Gerald Celente is no more an “analyst” than Lady Gaga. He is another faux ‘oracle’ like web bots who predicts based on what he copies from other peoples predictions. That is why he changes to cover all generic outcomes and is often wrong. Always surprised when any one listens to him. His primary skill is plagiarism and self promotion. If you want reality go to John Williams at Shadowstats.com for example

        As for the timing? “Soon” is Autumn 2015. Jew intl financial cartel will time the collapse to coincide w/ the Zionist Freemasonic Blood Red Moon bullcrap. Look for vent highlights to coincide w/ JEWISH HIGH HOLY DAYS- Yom Kippur, Rosh HaShana etc. This contrived calamity will then “prove” the rabbis “prophecy” thus ‘entitling them to top global status.
        Freemasonic Pope to give his imprimatur at UN: Then world’s Useful Idiot Xtians will declare debacle the fulfillment of start of Tribulation and endorse the rabbis “fulfilled prophecy”, escalating the uproar.
        But its all a long designed monetary hologram set up by the NWO zionist swindlers. 911 Gone Global.

    • An Observer

      Is this “soon” like the “soon” used in these same stories years ago on BIN? Because I’m still waiting on those soons. Or is this soon a real soon?

      I’m just trying to get it straight here. I mean, soon, an asteroid is going to hit, soon Ebola well kill us all, soon the U.S. will be enslaved, soon Jesus will be back getting some biblical revenge. I’ve been reading all these soons for decades now from other sources, and from here.

      So, how soon is soon?

    • santiago

      For the last few years I’ve been reading about the collapse of Amerika…WOULD YOU PEOPLE HURRY UP A LITTLE,PLEASE!!! the rest of the world is counting on it. Promises,promises…

      • DK

        America is post collapse, it effectively died in the first great depression, the resulting modern USA is a debt and Media fueled fantasy world which bears no resemblance to the country it shows in books and films. Sometimes it is for the better, native Americans are far less likely today to suffer from property and land confiscation than any other minority group, partly because society has moved on, partly because they have so little left and there are so few of them left .

        • westgate

          DK –
          A little good natured advice to a ‘UK citizen of good standing’;
          Admittedly, there is runaway corruption now in the US. However America is pre-collapse at this point, not sure what they teach you about America in school over there. America has never actually resembled what you see in films in the UK or elsewhere. I noticed when I was abroad that the European image of an American is John Wayne (bang bang). Another little known fact:
          Anyone born on American soil is a Native American. The oppressed minorities you speak of are described best by the Canadian people as First Nation.

    • Bad-Clown

      Stoopid banks! If they used a better quality cement, they wouldn’t has to worries ’bout collapsing!

      Peoples should switch to HCS Bank anyway–that way they doesn’t has to worries either!
      https://vimeo.com/87779426

    • FusedNail

      Very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, very, Soon.

      As in, years ago.

    • westgate

      Go ahead – bite the Big Apple (don’t mind the maggots).

    • Pink Slime

      Gerald Celente? LOL! Hahaha…..

      He’s the guy that said Mitt Romney was going to be president before he said obama was going to be the president. This guy cannot make up his mind so he straddles the fence and learns to cover all bases so he is about useful as a screen door on a submarine.

      • Ken

        Look Pink. Knock it off. Gerald Celente consults with the best. Madam Cleo……………………..er………..maybe it was Steve Quayle. Anyway where is your faith?!

    • worldordernews

      Oh, like last year when you chicken littles said the same thing? Okay, we all believe you this time!

    • The Watcher

      Good! Took my money out of there a long time ago!

    • rmstock

      This story was announced on the email-list as follows :

      “Warning! The banks will collapse very soon
      CONTRIBUTOR: Michael Moore. WARNING!!! The banks will collapse very soon If the United States experiences a horrifying economic collapse (and it most definitely will), will that cause a complete and total collapse of society? Will we experience crime, violence, riots and social unrest on a scale that is unprecedented in U.S. history?…

      Click here to read, “Warning! The banks will collapse very soon”…”

      But where does it read that Michael Moore actualled wrote and contributed this ?

    • Tatsmaki

      Greece decided to make fees of trains, buses, high speed roads, telephones, mobile phones free.
      This is adapted to the Destiny of the Creators.
      ☆ Follow the Destiny by the Creators: “Transit to everything gratuitous services society.”
      ☆ In London British workers staged a demonstration under a banner of “Abolish Money!” against G8 summit.
      ☆ The Creators are staging the General cleaning of evil civilization Earth by huge tectonism.

    • David Montaigne

      When they can’t milk the system any more they will allow the inevitable collapse.
      Since massive debt accumulation makes financial collapse VERY likely (and many economic pundits and Bible prophecy authors point to a time around September 2015) maybe we should expect chaos, hyperinflation, martial law, dictatorship, and the fulfillment of end times prophecy… read:
        Antichrist 2016-2019: Mystery Babylon, Barack Obama & the Islamic Caliphate

    • Victoria Maria-Theresa Valois

      Hardly wait, at least something exciting!

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.