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Thread: Top economic forecaster warns

  1. #1
    Jesus Christ is Lord

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    Default Top economic forecaster warns

    TOP ECONOMIC FORECASTER WARNS: HAVE CASH ON HAND TO SURVIVE FOR THREE MONTHS: “NO INSTITUTION IS SAFE”

    How do you prepare for the uncertainty of what’s to come?

    » Top Economic Forecaster Warns: Have Cash On Hand To Survive For Three Months:

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    Default Re: Top economic forecaster warns

    Any day now ...
    chicken-little.jpg
    wizard likes this.

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    Default Re: Top economic forecaster warns

    more from chicken little

    A RED ALERT Has Been Issued For The Last Six Months Of 2015 » Sons of Liberty Media
    Ron Paul has just released a new video in which he warned all of us to “prepare for a bear market in bonds“.
    Carl Icahn says that financial markets are “extremely overheated—especially high-yield bonds“.
    Max Keiser recently told Alex Jones that a great financial collapse is coming.
    Martin Armstrong says that his Economic Confidence Model predicts that the “Big Bang” is coming in “2015.75“.
    Jeff Berwick of the Dollar Vigilante says that “we’re getting very, very close to the next crisis collapse” and he has specifically pointed to the month of September.
    James Howard Kunstler has predicted that stocks are going to “crater in Q3 as faith in paper and pixels erodes“.
    Lindsey Williams recently sent out an email alert in which he warned that his elite friend has told him that “they have a World Wide Financial Collapse scheduled between September and the end of December 2015“.
    Gerald Celente has warned about “the Great Panic of 2015“.
    Bill Fleckenstein has said that 2015 could be the year of the “big accident“.
    Ray Gano has stated that we will see a financial collapse “probably starting in the third quarter of 2015″.
    Legendary investor Jim Rogers recently said that he believes that “we will see some kind of major, major problems in the world financial markets” within the next year or two.
    Alex Jones recently released a video in which he explained that he recently received “two different calls” from “extremely prominent wealthy people” warning him about what is coming by the end of this year and asking him why he isn’t leaving the United States “before October”.
    Bible prophecy expert Joel C. Rosenberg has posted an ominous message on his personal blog in which he warned that “something is coming” and that “we must be ready”…
    I feel a tremendous sense of urgency about this column.
    The United States is hurtling towards severe trouble, and the events of the past few months — and what may be coming over the next few months — grieves me a great deal.
    Something is coming. I don’t know what. But we all must be ready in every possible way.

    Read more at A RED ALERT Has Been Issued For The Last Six Months Of 2015 » Sons of Liberty Media
    Last edited by strapdrager; 07-26-2015 at 02:33 AM.

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    Default Re: Top economic forecaster warns

    It all come down to the "Bankers"

    SteveLendmanBlog: $1.5 Quadrillion Time Bomb


    When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around $700 trillion in global derivatives.

    Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion - about 20% more than in 2008, beyond what anyone can conceive, let alone control if unexpected turmoil strikes.

    The late Bob Chapman predicted it. So does Paul Craig Roberts. It could “destroy Western civilization,” he believes. Financial deregulation turned Wall Street into a casino with no rules except unrestrained making money. Catastrophic failure awaits. It’s just a matter of time.



    It’s too important to be privately controlled. Financial predators entrap small/weak nations into unrepayable debt peonage like Greece, bleed them dry, and thirdworldize developed ones into dystopian backwaters - while they grow richer and more powerful than ever ahead of the whole corrupt system going bust, decimating billions worldwide in greater human misery than already.

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    Default Re: Top economic forecaster warns

    Stocks are a 'disaster waiting to happen': Stockman

    David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out.
    Stocks are a 'disaster waiting to happen': Stockman

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    Default Re: Top economic forecaster warns

    Quote Originally Posted by strapdrager View Post
    Stocks are a 'disaster waiting to happen': Stockman

    David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out.
    Stocks are a 'disaster waiting to happen': Stockman
    A couple of years later and he is still spewing the same rhetoric.
    More then a few educated people have dismissed him and his theory's.
    Not that the world couldn't end tomorrow ... but the whole scare tactic scenario is getting a little old.

    His call has been ridiculed by academics, investors and economists of all stripes. Mark Thoma, economics professor at the University of Oregon, gives Stockman what he calls “the wingnut of the day award.”

    Princeton economist Paul Krugman calls Stockman a cranky, old man.

    Andrew Brenner, global head of international fixed income at National Alliance Securities, noted Stockman’s “mixed” background as a reason to take his thesis with a grain of salt. Following his days in Washington, Stockman had an up-and-down tenure at Salomon Brothers and Blackstone Group . He also named himself CEO at Collins & Aikman Corp, an auto supplies manufacturer, in 2003. Less than two years later he was ousted from the company, which then proceeded to file for Chapter 11.
    Skeptics Scoff at David Stockman's Doomsday Scenario - MarketBeat - WSJ

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    Default Re: Top economic forecaster warns

    World set for emerging market mass default, warns IMF
    World set for emerging market mass default, warns IMF - Telegraph
    Higher US interest rates will expose weaknesses in emerging market corporations which have gorged themselves on cheap debt, IMF warns

    The International Monetary Fund (IMF) has issued a double warning over higher US interest rates, which it said could trigger a wave of emerging market corporate defaults and panic in financial markets as liquidity evaporates.

    The IMF said corporate debts in emerging markets ballooned to $18 trillion (£12 trillion) last year, from $4 trillion in 2004 as companies gorged themselves on cheap debt.

    It said the quadrupling in debt had been accompanied by weaker balance sheets, making companies more vulnerable to US rate rises.

    "As advanced economies normalise monetary policy, emerging markets should prepare for an increase in corporate failures," the IMF said in a pre-released chapter of its latest Financial Stability Report.

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    Default Re: Top economic forecaster warns

    I don't have any money to worry about, let it all crash.

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    Default Re: Top economic forecaster warns

    Ron Paul: Stock market 'day of reckoning' is near

    "I think [the crash] is going to be much greater [than 10 percent] and it will probably go a lot lower than people say it should," said Paul. "I don't think it's going to be just a correction."

    doomsday is coming

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    Default Re: Top economic forecaster warns

    Quote Originally Posted by bean View Post
    Said the man who sold out to the scare tactic whore, Porter Stansberry. Fraud artist supreme. Scam man, thief and all around A**hole.

 

 
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