The Bursting of the Debt Bubble Will Wipe Out a Large Portion of the Human Race!

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“The central banks are absolutely desperate right now. Which means that we must be very,  very close to a major event. They are going to do things that we can’t even conceive of yet. 

They are going to pull surprise that are going to be shocked by. This debt based economic model is in it’s last leg and it’s going to move to a new system. It’s already in the works, I’m sure.  

Once this comes down, we have a human bubble. We are going to see a loss of life when this debt bubble bursts,” says Greg Mannorino ofTraderChoice.net.

 

 

“This hyperinflated debt issue has allowed an alternative universe. It has created an environment where resources will at one point become scarce. 

 

“That’s why we see the twisting of everything. The manipulation of metals, of currencies. World leaders will do things that we can’t even conceive yet. For example, this immigration thing that Obama passed, is a dollar-propping-up-mechanism .”

The mechanism requires that they come up for more reasons to borrow more money. It’s a resource issue, not a financial problem. Once this comes down, we have a human bubble. We are going to see a loss of life when this debt bubble bursts. 

This hyperinflated debt issue has allowed an alternative universe. It has created an environment where resources will at one point become scarce. It’s going to wipe out a large portion of the human race., when the debt bubble bursts, and that’s why we see the twisting of everything. The manipulation of metals, of currencies. World leaders will do things that we can’t even conceive yet.” 

Interviewer: China has set up a yuan swap facility for the city of Los Angeles. Talk about moving away from the US dollar and doing it right in your face! They have one in almost every industrialized country now. What does that tell you?

Mannorino: “The US dollar is in a terminal phase. China and Russia are betting against the debt by acquiring huge amounts of gold. They have been angling themselves against the issues of the central bank. The US dollar is in a terminal phase and the Chinese and Russians understand this. “

“They are going to squash people like you and me from getting the message out here. In fact, my last 2 videos are being held by Youtube and won’t publish them. I think we are all at risk. I think if people don’t start opening their mouths…

On timing of the dollar’s demise, Mannarino says,” People say that hyperinflationists are wrong because it hasn’t happened yet. There is a reason for that. There is a lag effect, and we’ve seen it throughout history, when a central bank goes on a money printing binge like this, it takes a while for all of those extra printed dollars to make it over to the consumer side of the monetary base.

Once we start to see the money velocity start to kick up, we’re going to have the $3.3 plus trillion, which the Federal Reserve has printed out of thin air since the crash of 2008.  All those extra bills are going to start chasing the same amount of goods.  

You do not need to be a rocket scientist to figure out how this is going to play out.

 

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