Global Economic Crash Could Be As Soon As Spring

Experts have been predicting a major global collapse for years, but it has not yet happened. So have all the speculators been wrong? No, it is just a matter of time before the markets get called out and the real numbers get realized.

The economy has been inflated once again, this time on a global scale. And it is about ready to burst. Some say as early as Spring 2016. But it has been on alert since at least 2012, even hints of a crash leaked from a Bilderberg meeting in that year.

Several sources warn of this crash. The Royal Bank of Scotland recently told investors to “sell everything” in fear that 2016 will be a “cataclysmic year.” Financial analyst Peter Schiff predicted this crash years ago, in his book “Crash Proof,” which was actually referring to the global crash, yet was mistaken for the 2008 crash that happened in America. He revised the book and titled it “The Real Crash” to clarify the first book was referring to an even bigger crash. BIS General Manager Jaime Caruana also warns of a global crash. He is the World Bank manager and should know.

But we have had major signs that this is inevitable. Oil tumbles below $30 a barrel, which anything under $50 a barrel flags danger. The banks have been hesitant to raise interest, which in this case is a red flag as well. Foreigners are abandoning the dollar, which the Exchange Stabilization Fund (ESF) is buying the reserves. China is tanking this week and dragging down the global markets. The Baltic Dry Index is at all-time lows.

One of the contributing issues has been The Federal Reserve printing money as an offset, flooding the market with currency that devalues what is already circulated. This is called Quantitative Easing. And while justified as necessary to ease the market, it will eventually reap a consequence. Some accuse the Global Banking Elite of deliberately planning a banking reset that will equalize everything to divvy up the digital accounts and cause the need of a new currency system. While this may not provide a desired benefit, it may be a possibility.

In the event of a crash, the banks have protection. The Banking industry mandated a “bail-in” regulation that requires banks to comply to hedge big bankers from losing their insolvency by allowing them to hold its depositories as its own liquidity. Recent legislation allowed provisions to ensure that derivative holders will be paid first in an emergency, and they have priority over everyone, according to banking expert Ellen Brown. And banks would be allowed to hold money from depositors.

If the market crashes and the economy collapses, it will halt production, services, access to money in your banks, and the availability of supplies. The public had better stock up on emergency food and supplies, obtain protection for their property against looters, and learn how to pray.

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Resources:

http://usawatchdog.com/full-default-of-global-debt-coming-andrew-hoffman/

http://usawatchdog.com/economic-collapse-happening-now-rob-kirby/

http://usawatchdog.com/end-of-capitalism-is-here-ellen-brown/

http://www.shtfplan.com/headline-news/sell-everything-royal-bank-of-scotland-tells-investors-to-fear-2016-financial-cataclysm_01132016