The world is coming to the end of a 50-year debt supercycle, John Mauldin says, and the reduce government spending to do the right financial thing will hurt ordinary Americans.
Don’t be fooled by idiots so called experts out there that say there will be no double dip recession. Basically they are just leading the last sheep into the slaughter (into the stock market). I’ve prepared for the next crash (within the next few years) with Horizon downside ETFs (Traded on Toronto Stock Exchange) on the Nasdaq, S&P 500 and TSX.
Eric Sprott talks about gold and silver prices, governments and his physical silver fund.
As I already suspected, Gold and Silver is not a bubble simply because the U.S Government and European Governments keep printing money. Fiat currency may collapse and become worthless…like the U.S dollar’s recent declines and also because of the fact that the world lose confidence in the United States and not buy its treasuries. Once that happens the U.S will not have any money left to run the Government and social services and will need to print more thereby collapsing currency even more (viscous circle).
This video was posted in August of 2009, before any civil unrest or protest in the U.K. Listen to David Ike talk about the “traffic warden” getting extra authorization to do a policemen’s duty.
Well recently, in the last 6 months there has been huge unrest in the U.K and other parts of Europe. The pieces of the puzzle are put into place for the next war.
Toyota is telling certain plants in the world like factories in the United States, Canada and Mexico to prepare to temporarily shut down due to parts shortage. This of course will have an effect on those countries economies as workers will make less money and less products will be sold by Toyota in those countries etc. etc. The ripple effects can make a small dent to the U.S already weak economy.
A lot of people in the know and trend researchers already see the evidence that the world is deteriorating.
Here are a few points:
-Europe and America’s debt is out of control.
-America is bankrupt
-America keeps printing money, devaluing the dollar further
-Devaluation of American dollar causes food inflation worldwide
-Devaluation of American dollar causes other commodities to rise
-World pulling out of American dollar
-Currency and trade wars happening
-Middle East unrest
Very interesting if you have 1 hour to spare to listen to some truth, oh… not the truth that the main street media and fake U.S Government report tells you. The ripple effects of the Japanese earthquake / tsunami and nuclear disaster is going to be huge but most people in North America think it will be fine…due to the limited amount of information that is getting out of Japan. Like the video says the Governments are not going to tell you when things go bad…they don’t want the public to panic.
Here are two videos with a University Professor who studies social events and history. Basically he sees that only the rich and ultra rich (corporations) are benefiting in the United States, which takes us back to the “Robber Baron” days. Rich and politicians get their way with elbow rubbing, whispering in cocktail parties and back room deals.
Now if you think about a social system where Corporations and Government are so closely intertwined that is called “Facism” and that resembles closely the system in Nazi Germany in World War II.
Well before the Japan earthquake and tsunami the stock markets were already looking a little weak as if they have almost reached their top. However, like the event on September 11th back in year 2001 which saw the U.S markets taking a dive on the destruction of 2 buildings and over 5000 people killed, the Japan earthquake and tsunami will be the catalyst of the next leg down of the stock market as the damage is far greater and the economic impact is larger.
Here’s an article from earlier this month about Canada’s real estate market. The building permits dropped 5.1% at the beginning of 2011. Real estate analysts was expecting an increase of 0.7 per cent in the seasonally adjusted figure, but the permits dropped instead.
The value of nonresidential permits fell by 13.3 per cent for 3 months straight to the lowest level since February 2009. Residential permits was down by 0.9 per cent from December on a 17.5 per cent fall in multifamily homes and the value of permits for single-family dwellings rose by 12.2 per cent to their highest level since April 2010.
If you have listened to Ben Bernake talk about the state of the U.S economy and about inflation last week, he basically shrugged it off. What Ben and the U.S government is doing is essentially lying to the American people…saying close your eyes there is no inflation, it is all in your heads. All part of tricking the american public into thinking that the economy is better than it actually is. The truth is that the economy is extremely fragile and inflation is out there and may put a stop into this fake economic recovery that was stimulated by printing more and more U.S dollars, sending the U.S dollar down and increasing the federal debt pushing it closer to 15 trillion.
