The time is nigh.
The crash is coming. It’s waves can be felt pulsing through the system,
foretelling its arrival.
But how long will it be until it hits, and how big will its magnitude be?
According to Yale’s Vikram Mansharamani, it is only months away.
Via London Express:
FINANCIAL bubbles across the globe are imploding and the problem
is only set to get worse... Prices are falling around the world
thanks to the collapse of China’s debt fuelled economic growth and this
has triggered a succession of disastrous events that are starting to be
realised, according to Vikram Mansharamani, an author and, lecturer
at Yale University.
Fears are growing that the world could face a financial crash of
unprecedented levels and could even be just six months away.
Bubbles created by the mountain of cheap money made available by
low interest rates since the last financial crisis are now starting to burst,
said Mr Mansharamani.
[…]
Mr Mansharamani added: “We’ve got a bubble bursting, I would
argue, in Australian housing markets — that is beginning to crack; South
Africa — the whole economy; Canada — housing and the economy; Brazil. We can
keep going on and on.”
The details have come out in warnings posted here at SHTF and elsewhere,
but the Federal Reserve’s quantitative easing program changed the metabolism
of the global economy.
Like a diabetic or a heroin addict, people in the United States, and in
countries abroad all borrow on cheap credit, and face a
debilitating spike now that repayment is being demanded – all while oil
prices have bottomed out and destroyed the fragile livelihoods of those who
depended upon these and other commodity prices.
Nightmares are surfacing. Entire sectors are being destroyed. New technology
is causing extreme upheaval in jobs, and economic
warfare is subtly sucking away life and stability from the ranks of the hard
working, aspiring and once prosperous. It is punishing and leveling out all
those who haven’t learned to work inside the system.
All the rest will end up on welfare, until that collapses too.
Robots will replace millions of jobs in the next few decades:
That’s ok, though, according to the guy in the video, because we’re supposed
to live in some technologically-planned future where computers figure out how
to address the needs of everyone. But that’s not OK, because that leaves no
room for freedom.
When you lose the ability to support yourself independently, you become a
government serf overnight. And the rest is history. We are being pushed and
shoved into a new collectivist state with strikingly few liberties.
The criminals who orchestrated the last round of looting in 2008 have
grown in power and wealth in the years since, and are now poised to come back
for the rest – and use finance as a tool to condition societal behavior.
Puppeteer bankers Goldman Sachs admitted that we are
entering the third wave of a debt-supercycle that has been unleashed through
predatory policy:
This wave is characterised by rock-bottom commodities prices,
stalling growth in China and other emerging-markets economies, and low global
inflation, Goldman Sachs analysts led by Peter Oppenheimer said in a
big-picture note.
This triple whammy has its roots in the response to the first two
waves of crisis — the banking collapse and European sovereign-debt crisis —
and it is all part of the so-called debt supercycle of the past few decades.
Central banks all rushed to lower interest rates in response to the first
two debt-fueled crises, encouraging investors to lend in emerging markets
such as China for a decent return.
Now that interest rates are looking as if they might go up, lenders are
heading for the exits and investors are pulling out of commodities,
which are closely linked to the fate of the emerging economies.
Once they are done, everyone you know will be either working for the
government, or under close government regulation. Wall Street crimes are
instituted as policy, and competition and free enterprise from the little guy
is yanked out of the system, and his salary is capped at the level befitting
a modern day serf.
The borg is assimilating the economy and taking everyone as an
asset/hostage now.
Time to make your final preparations, and place any wealth you have in
carefully considered positions.
Read more:
MUST KNOW: 7 Jobs That Are Going to Survive the Next Economic
Crash
Goldman Sachs: The Third Wave of the Financial Crisis Is Upon
Us
Global Economy Grinds to a Halt: We’re “Already in a
Recession”