When This Debt Bubble Bursts MILLIONS WILL DIE!
The fall out of this is going to be far reaching. Immediately the Euro dropped to a multi-year low versus the US Dollar. This won’t fix anything. Quantitative easing always makes things much worse.
What we have is a new phase of the currency wars. ” states Gregory Mannorino, in a video on 1-22-15.
“When this debt bubble bursts, millions of people are going to die on a global scale.”
That means you need to be getting out of this pronto, as in now. Start gathering as much precious metals as you can. You should have been doing this for years.
With these new currency wars, they are going to hyperinflate this whole thing, so to get on the opposite side of that trade, you need to hold a hard asset. You can’t hold a currency that they’re trying to kill.
The world central bank is now the lender of last resort. Who, in their right minds wants to hold a bond that pay nothing, or negative, in real terms? WHO?
We are in the last phase and it’s going to get extremely ugly. This new phase, in my opinion, is going to set up a cascade of events which is going to occur quicker and quicker and quicker.
We need to be on the right side of this. That means betting against the debt, becoming your own central bank. As they hyperinflate the debt, and suppress interest rates, equities will move higher. But nothing goes on forever like this.
Quantitative easing doesn’t work now and has never worked. Engaging in it is such a desperate move .
And covert, just like the Federal Reserve has never stopped quantitative easing and they’re never going to . Very soon a new phase in money printing by the Federal Reserve is about to start.
And it’s going to be the biggest yet, by far. Anyone with half a brain could see this writing on the wall.
When this debt bubble bursts, millions of people are going to die on a global scale. And it’s going to be all a result of the world’s central bankers colluding with their policy makers. Period. The End.”
Considering the next economic collapse is predicted to be many times worse than in 2008….Read the rest of the story at GramsGold.com
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If you don’t have your precious metals in a place that you can easily get access to it do you really own it. What happens if you follow these guys that say store some of your stuff outside the country and the rules change in those countries? These trusted entities may say “Screw the American like his country did to our country!” Instead of trusting some entity outside of our country look at places near you or in this country!!!!!!!!!! Your gold might as well be monopoly money if you store it outside the country because the chances of you seeing it again in times of international chaos go down dramatically.
Hey, BIN, thought you did not like people posting links? Also, millions are dying right now. Every 10 days or so, about one million people die, of all causes. So, what you’re “predicting” is happening anyway. That’s a pretty safe prediction. And guess what? It’s NOT scary! Fear-O-Meter rating: -4.
I’m worried about this gas price thing. Can you please explain this? The gas prices are phenomenally low, is this a bubble getting ready to burst? And if so, what does that mean for future gas prices?