“History has shown us that when the government needs to save itself it won’t hesitate to STEAL your money.”
(August 10, 2016)
The following video ‘interview’ of former Congressman Dr. Ron Paul is a scripted presentation that is admittedly a bit stilted. Nevertheless, one needn’t look very far at national and world financial news to conclude the information and analysis are very real. For example, ‘bail in’ documents exist as laws in many Western nations, including Canada and the United States.
This may all appear Cassandra-like at first glance. Yet real economic indicators suggest an imminent economic crisis as central banks increasingly prop up the so-called ‘free markets’ through bond and now even by purchases of corporate debt and stock. At the same time, international events suggest that the US dollar’s days as the preeminent world reserve currency are numbered; on October 1 the Chinese Renminbi will be formally recognized as a foreign exchange reserve by the International Monetary Fund alongside the dollar and euro.
Reports and imagery from the ongoing economic collapse in Venezuela seem remote, yet the economic conditions for such a breakdown in Europe and the US are indeed very real. Of note is a special ‘Emergency Podcast‘ released September 16 by financial analysts Andrew Hoffman and Bix Weir lays out more recent developments in even greater detail.-JFT
At the risk of climbing out on a limb MHB is bringing to readers’ attention a rather unusual project devised by an individual who goes by the YouTube handle ‘Clif High.’ He’s a former computer programmer who has developed a system, Asymmetric Linguistic Trends Analysis (ALTA), which collects massive amounts of data from the World Wide Web and algorhythmically processes the information to detect and analyze linguistic patterns from which future social, economic, and environmental events and conditions may be foreseen.
Think of the pre-cogs in Minority Report, only on a much grander scale tapping in to every human being’s inherent psychic ability to anticipate future events. This collective human consciousness is exhibited through the choice of language in news reports, comments on blogs, and elsewhere throughout the internet.
UK referendum may create “extreme volatility and/or unusually large moves in market prices”
In one indication of how uncertain market participants are toward the June 23 vote on whether Britain will leave the European Union, a major US-based retail securities broker is increasing margins for customers trading certain currency and futures contract-products, a MHB reader reports.
In an email to customers, titled, “Notice of UK Referendum (‘Brexit’)”, sent shortly after the June 22 market close, the Plantation Florida-based TradeStation informed clients it will “be increasing your margin requirements effective the morning of June 23 through the close of business on June 24.”
Those who operate “on margin” borrow money from a broker to supplement securities transactions and are required to meet certain minimal funding thresholds on such accounts.
When I predicted the economic apocalypse would begin for the US this month, I said the stock market would rise euphorically after the Fed raised its interest target. Rise it did. Steeply, too. I also said it would fall shortly after. Fall it did. Quickly, too. Now I’m saying the Epocalypse is here.
Just as I stated that “the rate at which the market goes up now is a measurement of pure euphoria,” by the same token, how quickly that euphoria falls off indicates just how far down the downside is. If you have ever floated in the ocean and felt yourself unexpectedly drop way down with the water, you know that means a huge wave is coming up right behind you.
“Particularly watch out,” I warned, “if the euphoria cools quickly because, after more than a year of concern over what would happen when stimulus ended, there is a lot of relief the bulls would like to celebrate. If the euphoria cools quickly, it’s likely to mean things are ready to go down hard and fast.”
I use the term “epocalypse” to name the last days of the global economy as we know it — a global economic collapse of biblical proportion. It is economic, epochal, an apocalypse that will change the world and a collapse … all in one word that sounds the right size for what I’m talking about. Call it the “Great Collapse” or the “Epocalypse.” Whatever you call it, it’s about to change the world.
I am referring to an economic crisis so big that the global economy will be forever different after those days. This economic collapse has already begun throughout the world, but I am holding off on using the title “Epocalypse Now” until the US stock market joins the crash. That’s the point at which we’re all in (i.e., at a level where everyone knows it and denial that it is happening falls apart). I anticipate making that call in a matter of days now. Here is where we stand at present: