$100 Trillion American Economic Collapse with Jim Rickards
Economy | Information | History | Online | Facts | World | Global | Money
To watch this interview in full streaming HD, please click here: http://pro1.moneymappress.com/272113/ You will want to remember this date - April 15, 2015 According to one of the top minds in the U.S. Intelligence Community, that is when the United States will enter the darkest economic period in our nation's history. A 25-year Great Depression. Does This Signal the End of the Dollar? 25 Year Great Depression An alarming pattern has caused many in the Intelligence Community to secretly prepare for a "worst-case scenario." Click here to see it…. And alarmingly, he and his colleagues believe the evidence they've uncovered proves this outcome is impossible to avoid. In an exclusive interview with Money Morning, Jim Rickards, the CIA's Financial Threat and Asymmetric Warfare Advisor, has stepped forward to warn the American people that time is running out to prepare for this $100 trillion meltdown. "Everybody knows we have a dangerous level of debt. Everybody knows the Fed has recklessly printed trillions of dollars. These are secrets to no one," he said. "But all signs are now flashing bright red that our chickens are about to come home to roost." During the discussion, Rickards shared a series of dangerous signals he fears reveals an economy that has reached a super critical state. One of the signals the CIA is most concerned with is the Misery Index. Decades back this unique warning sign was created for determining how close our country was to a social collapse. It simply adds the true inflation rate with the true unemployment rate. However, the Federal Reserve has repeatedly changed the way the Misery Index has been calculated over the years. Which Rickards believes is now being used to cover up the true scope of the problem. Long-term Economic Depression "Today you rarely hear the government talk about the Misery Index with the public," Rickards said. "The reason is they may not want you to know the truth. And the truth is, the Misery Index has reached more dangerous levels than we saw prior to the Great Depression. This is a signal of a complex system that's about to collapse." Frightening: Single chart reveals which banks could collapse (and how soon). If your life savings is in a major bank, please look at this now. During the shocking interview Rickards revealed the 5 dangerous "flashpoints" the Intelligence Community is closely monitoring that they believe will unleash this catastrophe. And he also described how it would all unfold. "I expect the first phase will appear as a nearly instantaneous 70% stock market crash. From the outside, nobody will see it coming." Rickards explained. "Once it becomes clear that it's not a flash crash – it's a systemic meltdown in the economy itself, that's when the gravity of the situation will sink in. And there will be no digging out from it. "$100 trillion is a conservative estimate for the damage. A lot can happen over 25-years as our country struggles to recover from this."
Comments
-
The guy is pro and carries distinguished credentials. His point of view can not and should not be ignored. At the same time no need to get panic. Start growing your own food in backyard :)
-
Isn't it odd that 100 trillion dollars of "American" debt is almost the same amount that that tired old bat Queen A Lizards-breath is actually worth! That just cannot be a co-inky dink!
-
There no wealth except physical gold/Silver, that is actually a potential time and energy spent on to mine that thing,It is the only thing which is recession proof and it goes up with inflation, Other than that no paper is worth anything A$ Treasury Bond gold bond etc.
-
really cheesy show, but the data and jim rickards are correct
-
it's the Walton family that is secretly supporting the Fed.
-
i have an impression that this is a plot and Jim rickards is just a puppet of FED... Do you really believe that the people on FED does not know what they are doing? really? for every dollar they print there is interest on it (PRINTED WITHOUT BACKUP - THIN AIR) they are GIVING A FUCK FOR USA... they are BANKER LORDS... they care about their money... power... that what it is all about... and his talk is just funny because called this people from the FED morons is just stupid sentence... there are no stupid people on FED all of them are THIEVES.
-
Beware depending on precious metals to secure your wealth, or assets. F.D.R. Made it illegal for private ownership of gold illegal in the early 1930s. This can happen again as even now we live under a legislative tyranny. The rules can change with a stroke of the pen. Legislative, or executive. Either way you can lose. Get what you need to survive without the 'system,' now, while you still can. The difference? You do not need to transact for the necessities of life if you already posses them. The LORD asks us in prophecy; 'Why do you spend your money for that which is not bread?' There is something implied in this question. Why do you? PRAY PREPARE PREVAIL
-
Ok, think of it this way... when money looses all value and almost no one has any gold, what good is it? "value' is only given in context of what a thing can be traded for. If 99% of the people are starving, gold has zero value. This is a situation of hand to mouth chaos, nothing more. No jobs, no credit cards, no cash, no banks - Food has value, clean fresh water will have value. Trade able skills will have value, but the notion you can some how save or protect a retirement account is woefully ignorant.
-
There is a real collapse happening, and the CIA wants the us public to be afraid and to stockpile gold and silver.....so that the US government does not have to spend their money. During the collapse they will just confiscate peoples stockpiles.
-
My instincts were telling me for years that fraud and cronyism on a monumental scale were behind the American "system" and this guy's talk finally provided the answers to explain it all. Amazing eye opener.
-
the poor will eat the rich ((tupac))
-
This man is talking so much common sense.
-
Shits gonna hit the fan... Oh ya buy my book
-
W4MPS http://www.theguardian.com/world/2014/feb/28/russia-crimea-white-house
He is paid dearly by precious metal pushers for this. and either he is lying or Reagan did, because Reagan said we do not Negotiate with Terrorist. And this starts out claiming he negotiated Iranian Hostage release with the Terrorist, and Rickard did not dispute that claim. -
Jim's awesome.
-
Nice to see Jim Brady is alive and well.
-
Trusting Rickards and the CIA......aren't they the problem anyway.....aren't they both involved in all the deception on the American people......and now they want trust from the people.....only in America does the executioner ask the prisoner to sharpen the axe blade before removing the head.
-
https://youtu.be/OUpnY1pgxAs?t=6m14s
Americans can agree with that -
The leverage is about equal to the gold/silver ratio. Spooky stuff.
-
It would be a disaster to invest in euro.....
45m 36sLenght
Rating