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The Last Hour: 40% Economic Plunge, California 2008 Repeat, and Bankers Feverishly Prepare!

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By Lisa Haven

 

“Since 1913, the Federal Reserve has engaged in 18 distinct interest rate hiking campaigns, and in every single one of those instances, the end result was a large stock market decline, a recession, or both. 

Now we are in the 19th rate tightening cycle since 1913, but many of the experts are insisting that things will somehow be different this time.  They assure us that the U.S. economy will continue to grow and that stock prices will continue to soar. 

Of course, the truth is that if something happens 18 times in a row, there is a really, really good chance that it will happen on the 19th time too.”  Michael Snyder The Economic Collapse Blog

 

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The truth is we could be looking at a recession or stock market crash right around the corner. In the video below I interview Collin Plum with Nobel Gold Investments, in it, he divulges bombshell information about the coming changes in the market….

All that and more below…

 

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The question must be asked, “Are we on the verge of another great financial crisis, a recession, or a devastating implosion of the debt bubble?” I do believe we are nearing that point.

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For More Information See:

http://theeconomiccollapseblog.com/archives/in-california-home-sales-are-plunging-like-it-is-2008-all-over-again

http://theeconomiccollapseblog.com/archives/global-stocks-plunge-again-and-a-former-reagan-administration-official-is-warning-of-a-40-crash

https://www.marketwatch.com/story/lowes-to-close-51-stores-including-20-in-the-us-2018-11-05

https://www.washingtonpost.com/business/why-central-bank-buying-has-the-gold-market-guessing/2018/10/29/adbe54ae-db39-11e8-8bac-bfe01fcdc3a6_story.html?noredirect=on&utm_term=.b4647f99cb17

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    Total 4 comments
    • desertspeaks

      someone explain why a private for profit corporation has any sway over interest rates and by extension, the entire stock market.. why did the government commit treason “and continues to do so” by surrendering their constitutionally mandated authority to coin money without borrowing it and without interest?

    • Slimey

      Interest rates are phony. Designed to keep you in debt. Banks just print money with nothing to back it up. Their money is for convenience purposes. Interest is charged to make use of them.

      Fine, you say, but what is backing it up? NOTHING. Banks don’t need interest money since they print whatever they like in any amount they want. Again, it’s to keep you enslaved. Because now you got to pay what is borrowed PLUS more for use. Sometimes a lot more.

      Credit card interest is approaching nearly 1/5 of what you borrow (and funny the most convenient way to borrow) The only way you can pay it back is to work harder and longer.

      The greedy mean banker is now in control of your life and your assets. Again, based on nothing from the bank. One of the greatest scams on mankind. The government wants a cut of your hard work and risk called taxes. Even though they had no hand in producing your wealth.

      One group of humans are using another group of humans as SLAVES. And you don’t even know it. :lol:

      • nomorelabels

        “One group of humans are using another group of humans as SLAVES. And you don’t even know it.”

        Indeed…and it is stunning at how many folks are in cognitive dissonance over this fact.

    • nomorelabels

      Come on Lisa, you know America is great again, no need to scare people. Trump has made it all good and there are no financial problems any longer, the debt is paid off, and we all make trillions daily…sarcasm off. ;)

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