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Economic Collapse Confirmed! $70 Trillion Dark Cloud of Debt - Stock Market Crash 2018 - Video

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Epic Economist

Published on Jun 17, 2018

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The most incredible video of the coming Economic Collapse and the next Great Depression. Today, America is nearly 70 trillion dollars in debt, and that debt is shooting higher at an exponential rate. Usually most of the focus in on the national debt, which is now 21 trillion dollars and rising, but when you total all forms of debt in our society together it comes to a grand total just short of 70 trillion dollars.

Many people seem to believe that the debt imbalances that existed prior to the economic collapse and stock market crash of 2008 have been solved, but that is not the case at all. We are living in the terminal phase of the greatest debt bubble in history and a financial collapse is imminent. Each passing day that mountain of debt just keeps on getting bigger and bigger… Top economists predict that within the next 12-18 months, the imminent economic collapse will hit the United States.

DEFINITION of ‘Economic Collapse ‘ An economic collapse is a complete breakdown of a national, regional or territorial economy. An economic collapse is essentially a severe version of an economic depression, where an economy is in complete distress for years, or possibly even decades. A total economic collapse is characterized by economic depression, civil unrest and highly increased poverty levels. Hyperinflation, stagflation and financial-market crashes can all be causes. Government intervention is usually necessary to bring an economy back from collapse, but can often be slow to remedy the problem. The Great Depression in the United States is a prime example of an economic collapse. The 1929 stock market crash brought on a collapse that lasted for many years and saw high levels of poverty. Well-known economist John Maynard Keynes claimed this was from the total lack of government involvement in the economy or the financial markets.

What is ‘Stock Market Crash’ A stock market crash is a rapid and often unanticipated drop in stock prices. A stock market crash can be a side effect of major catastrophic events, economic crisis or the collapse of a long-term speculative bubble. Reactionary public panic about a stock market crash can also be a major contributor to it.

 

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    • dennisR8

      I do not receive this gloom and doom scenario. A Jubilee is going to happen and Donald Trump is going to lead America out of this evil caused by the fractional reserve banking of the British Empire corporation forced upon the United States of America. The corporation with suffer this economic collapse but America will successfully push this all its debts upon this corporation. The evil British Empire will be destroyed. Donald Trump will expose the Vatican Jesuits and the evil British Royal family for all they have been planning and plotting.

      Too bad author you have not convinced me of this gloom and doom scenario, the Almighty has chosen Donald Trump for this time.

      • b4

        yup–and he will use a method used many times in the past–he going to declare the usa a buyer of gold at $9,950.00 and a seller at $10,050.00 dollars–no way to know if that is the exact price,could be a lot higher or lower–after the civil war gold hit $67,000.00 an ounce–not 1 ounce was traded at that price but the usa used inflated dollars to pay off debt and bond holders got killed(vatican,uk,rothchilds,,etc)–things with regular folks got disrupted for about a year–lots of barter–trump will do the same thing and the evil money changers will have a tizzy but god bless trump…trump people have been warning the big money look out(buy gold) and told china if you dont play ball your trillions of usa dough is gonna be crap–new currency issued and we may embargo your junk coming to usa–i stand to make 25 to 50 million when the crap hits the fan so i am bias! but again,god bless trump and the usa….

        • b4

          all bond holders ate going to get killed in the future–pensions funds will fail like crazy–nothing worse than a old white guy with nuthin to lose and armed to the teeth!!! stock market who knows—might be the only game in town like it is now but when people decide to run to the exit,look out–gold,silver will be the big play–everything is in cycles and we are headed to a nasty nasty one soon–large bank failure soon in euro land,look out!

    • Mica Molecule

      They’ve been saying this for several years: “financial collapse is imminent.” Good guess, Try guessing again.

      • b4

        when interest rates are falling things get better–when they start rising,worse,not rocket science

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