Warning: On the Very Cusp of an Implosion! Central Bank Debt Bubble Will Wipe Out Large Portion of Global Population. (Video) Gregory Mannarino
21 Jan 16
ANALYST: “MILLIONS UPON MILLIONS OF PEOPLE ARE GOING TO DIE ON A WORLD-WIDE SCALE WHEN THE DEBT BUBBLE BURSTS”
ANALYST: “MILLIONS UPON MILLIONS OF PEOPLE ARE GOING TO DIE ON A WORLD-WIDE SCALE WHEN THE DEBT BUBBLE BURSTS”
It can be difficult to understand the repercussions that would follow a collapse of the global economy, stocks and debt markets
It can be difficult to understand the repercussions that would follow a collapse of the global economy, stocks and debt markets. While we know a serious financial event is coming, determining how it will impact our lives and preparing an appropriate strategic plan to mitigate the fallout can be a confusing and stressful undertaking.
The questions being asked by concerned Americans are plenty, but the answers are not so easy to come by. Should I keep money in my retirement accounts? What publicly traded companies are recession-proof? Will gold and silver really be of value if the whole system comes crashing down? Should I have some cash? How much food should I stockpile if the regular flow of commerce is affected? Will there be riots in my city?
In the following interview with X22 Report Spotlight, well known analyst and contrarian thinker Greg Mannarino of Traders Choice succinctly explains the challenges we face as individuals and as a nation. He doesn’t mince words and goes straight to the heart of the problem: out of control debt.
As Mannarino explains it, we are facing an event so serious that it will directly impact just about every person on earth. But before we can prepare for it, we need to understand what it is that’s going to happen and what a worst-case scenario may look like:
The central banks… by us adopting a debt-based economic model, which demands that cash be borrowed from the future in greater and greater amounts to sustain what we have here, have created an alternative universe which would not exist. If we did not have access to all of these funds that we’re borrowing from the future and inflating this debt we would not have the lifestyle that we have now.
It’s created a population boom… a population boom has risen in tandem with the debt. It’s incredible.
So, when the debt bubble bursts we’re going to get a correction in population. It’s a mathematical certainty.
Millions upon millions of people are going to die on a world-wide scale when the debt bubble bursts. And I’m saying when not if…
…
When resources become more and more scarce we’re going to see countries at war with each other. People will be scrambling… in a worst case scenario… doing everything that they can to survive… to provide for their family and for themselves.
There’s no way out of it.
…
They understand where this is going… Let’s put this into perspective… The world’s central banks, by going negative [interest rates] they’ve turned the entire financial system upside down. That’s how desperate they’ve become. They’re charging people to put cash into these institutions…
It can’t work. It’s not how it’s designed to work.
So, that should tell us all how close we must be to this moment.
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I dont think many people will die but there will be a lot of poor people
Looking at History, during the Great depression, Many people died. Also when The USSR fell apart many died.
Yes many will die.
This cheap gas is on a global scale designed to setup the masses for the big fall.
Soon The Elitis will pull the plug, Oil, gas, Food, Medicine-The Prices will sky-rocket
Some areas will have none, other areas the price will be so high it will be out of reach. It is beyond belief.
This is all by design, this is the big setup, and designed to usher in the remaining parts of the NWO.
The Final stage of implementation of The NWO is to crash the whole system.
Most are living in their little bubble, and do not have a clue as to why the gasoline is so cheap, and out purchasing huge gas guzzler vehicles that they do not need.
Soon Gasoline will sky rocket to $20.00 a gallon, and could even go over $40.00 a gallon in some areas.
If your smart you will not fall for these false low gas prices, it is all trickery.
This is also called Oil Wars, designed to bankrupt Oil Companies, and even whole countries.
This is one of the biggest set-ups in the history of mankind, This will be written, and discussed in future economic/history classes, after the crash, and deaths of Millions.
Who does the USA have in their coalition? How many Countries? I am not speaking about the countries that are riding the fence just to get along, although will name a few, to examine the damage this could cause.
Look at who has jumped the ship, In one way or another, and through proxy. Instead of listing all these Countries, we can ask the question who is still on board with the USA.
Basically almost every country has jumped ship, and dealing with the Newly formed Banks of Russia, and China.
The only countries that are actually loyal to the USA are the countries that get huge Monetary Aid Packages, although still some fence riders in this group.
All the bigger countries, are now on-board with China, and Russian banking systems.
The Sanctions that was implemented on Russia has back-fired. Russia was prepared for these sanctions, and even got a raise in their credit ratings.
Countries like Turkey should be kicked out of NATO, and invaded for Their Government whom is in severe Violation breaking every law of the Geneva Convention, and mass murders of the Kurds (civilians), yes Women, and children. Turkey continues to commit Highest Crimes against Humanity, so is The House of Saud of Saudi Arabia, they are also killing many civilians, and bombing hospitals.
Do you actually think the USA will be spared?, I do not know, and hope for the best.
Everything is looking very Grim, and everyone knows that the USA has many,Many enemies, in their eyes the USA is terror.
Everyone is witness to this in comment sections on Many Sites across the Internet.
People in other Countries have nothing good to say about the USA.
Where can you travel during these times? It is very risky to travel any-place if you are an American.
Soon it will even be a difficult task to travel within the States, especially when the Elitis pull the plug, and the Domino, or ripple effect hits.
As I have said, I do not know exactly what will happen, and hope for the best.
All the Puppets MSM is telling everyone that the economy is fantastic, although do they give the real explanation of why the Oil Prices have fallen so low, and continue to drop?
There are a lot of Companies within the USA that are feeling the crunch, going bankrupt, wonder why MSM is not reporting this?
Right now all shipping is at a stand still. Why has all shipping of goods been halted?
Could it be because they are switching to a new currency?, and not moving goods, until they get paid in a currency that is backed by Gold?, who knows, although this is one of the biggest silent wars ever witnessed, This is on a huge scale.
Good Luck to All, try to stay safe.
in the end survival will depend on your wits and your ability to make things.
having “tradeable items” will help but money, gold will not put food on the table
pure silver is a medicinal product so I can see some importance for it (colliodal silver)
food will be at a premium but what to trade for it ?? If I have food and water and can find somewhere to camp semi permanently..what else do I need for the immediate?? Sanitary products become a luxury and I would really miss toilet paper especially (but I am male) there are other things. Females used to use real rags (common term) and just wash them…just like babies nappies in the old days
so minimally you would like
somewhere to squat
roof over your head
food / water
some hygiene basics
warmth as required
Hardest things are
somewhere to squat
food / water
warmth (for some)
these are the things to concentrate on
as a country person I have abundant protein whether it be wild or domestic
a good veggies patch
solar power completely off grid 4kw was cheap at $15k
water supply with fish
and a stihl for diesel fuel from abundant plastic waste.
oh…and another for the other stuff as well (rum my favourite) but beer as well
all this because I am retired and want to get away (a little) from the maddening crowd
and before I forget the important part
God will provide if you ask for it
I did not end up with what I have got because I wanted it
it is because I felt a need to prepare and all just seemed to happen
But there is a lot I have to do myself
bible warnings
what to watch for
become less reliant on the welfare system (I love my pension)
learn to do what I need to make , repair, grow, and gather a few of the basic tools around me
and of course the means to get the protein (meat) I will need for me and mine (should I whisper guns and bows)
do as much as you can yourself and rely on prayer to fill the gaps…faith is not easy when you are in trouble
it was all over B4IN the other day that the market had crashed when the DOW went down 2.34% but it recovered the next day and unless we see 10% off shares in a single day then it’s just buishness as usual.
One day it will crash and i will have to write to my bank to inform them that i won’t be making anymore payments on my housing loan that i owe them and the government will just have to go without the 73% tax it adds to the cost of my living.
My boss, well he will get a letter saying just what a jerk he is and he will just have to find someone else to kiss his arse each day.
We don’t need bankers, funny money or politicians to live and will just need to make a few adjustments and will be better off than we are now if we work as a team and take care of the farmers.
NHS dcotors will be happy to work for food and comunity protection as will the teachers and anyone else.
Don’t fear the crash like they want you to fear it because it will happen one day or another because the bankers have spent your pensions already at the casiono
Meanwhile.
.
.
Short’s. It’s What’s for Dinner.
So what about the brokers fees and taxes ?
Long term the banks can keep printing money and by the time the world wakes up to the scam, it’s all over and bits of paper will buy you nothing.
The people that bet keep going on gambling the money back into the system which is fine but if everyone heads for the exit doors at the same time then it’s game over if they bankers don’t instract the DOW to just tweak the digits on the dealers screens before everyone has left the casino.
Logic might say to you that a company thats trading for 50 X income is worth a short but logic no longer seems to work because it’s fixed, more fixed than it has ever been unless you go back to Tulips from amsterdam in the 1700′s
Short’s ‘n’ Cheese ~ The SS on Cheers!……(13)
Plunge ‘n’ Protect ~ Plug ‘n’ To Percent
Only an emp attack will cause people to die from want and some believe that is not even remotely possible