Bill Bonner Interview: hold on to your cash, the real financial crisis is yet to come
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MoneyWeek’s editor in chief Merryn Somerset Webb talks to Bill Bonner about economic cycles and the ‘cashless society’. Click here to find out how it could affect you: http://pro1.moneyweek.com/434014/ Interview recorded March 2015 Click here to subscribe to MoneyWeek videos: http://tinyurl.com/zg57szy
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Cash = trash
Gold = hold
Bitcoin = shit coin
If you don't HOLD it, you don't OWN it!
Folks if you haven't figured it out gold and silver coin is the only sound and real money. Accept no imposters or imitations otherwise you will eventually be wiped out. -
Totally dumb. Cash would only be needed by people who do not have a bank account and DEBIT card. Even if banks stopped loaning and issuing credit cards there would still be debit cards - digital cash. Paper dollars would only be needed by the unbanked.
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This is bullshit. They can always print the required cash, if they choose to. The only way the economy can crash is if the PTB will it. And if they do, there's not a damn thing you can do about it.
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The Gist - The problem is the rules since they are made by politicians who don't know their rules are only reflections of their misconceived ideas of how real wealth is created.
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invest in brass and lead
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By telling others to get their money out, HE is creating the crisis. He will most likely profit from it as well.
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Bill Bonner is a dick of carnival hawker proportions. He puts up a link to a rambling, repetitive, non informative video trap. He never tells you what the collapse is & what to do, but get his 5 pamphlets & digital copy of his "epic/amazing" book. The pamphlets & book is not for sale & he will "give" it to you, but never tells you how to get it, (that is without buying it of course, but I will get to that later, but first You need to know...). He wants to "give it you & offer you to help you". Tells you to connect the dots, but never tells the dots to connect all while "helping" you & a "front row seat" with his service. He says "credit collapse" & "shock"so often that a drinking game of these terms would result in alcohol poisoning in less than 15 minutes. He also offers a chance for you get his "letter" & "wisdom subscription" What a self aggrandizing asshole & needs "to open himself" up to a lobotomy first. A wonderful "intelligence report" that lack any intelligence & all about his "remote Argentine homestead off the grid". All of this credit & bank collapse fear for sale as a subscription, that he calls "giving to you a gift, without charge" that is unless you BUY, "No debit cards please" of course! Bill egotistical twat Bonner, die in a fire.
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he used to be a politician. he's a bullshit artist. I watched half of his urgent video and he started off with truth and then started to fool you. if he really "cared" he wouldn't ask you to buy some shit to help you survive this "soon to be crisis". think about it, i'm only 16 and this guy does not seem genuine AT ALL.
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Bible prophecy explains much that is to come. People will turn against each other. Nation will rise against nation. There's no doubt that the financial crisis would have a role to play in the world. "Satan required everyone—small and great, rich and poor, free and slave—to be given a mark on the right hand or on the forehead. And no one could buy or sell anything without that mark, which was either the name of the beast or the number representing his name. Wisdom is needed here. Let the one with understanding solve the meaning of the number of the beast, for it is the number of a man. His number is 666."
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If cash is made illegal what stops governments and banks from instituting negative interest rates? What differentiates negative interest rates from constant and pervasive theft? What is being attempted is nothing less than the de facto abolition of private property. The only money will be credit that only banks can create. A hamster wheel with no exit.
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I am already retired from the service but I still have clearance, modified of course, and a biosphere bunker for myself and for my parents and other dependents and enough room for emergencies if they can make it in time. But I can never forget about one particular incident when I was working in an underground facility in Siberia and one officer said to my superior about the work men are very upset about going into this place inside sealed armored personnel carriers and sealed helicopters only to be allowed outside once they are inside the complex. And to my surprise my superior officer said to the officer "DOUBLE THEIR SALARIES, THE OFFICER REPLIED WHAT IF THEY STILL COMPLAIN? THEN DOUBLE IT AGAIN, DOUBLE YOURS TWICE, MONEY WON'T MEAN MUCH SOON ANYWAY". When he said "money won't mean much soon anyway" that made me very thoughtful and thankful that I took the initiative to build my own survival biosphere bunker which is self-contained, self-recycling, and self-regenerating.
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I don't have any idea why it hasn't crashed these past thirty years....but buy my book!
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is a very long cycle.. I predict the crash of the market in a very long cycle. Buy my book it will give you ways to survive the market crash. It is a very long cycle so don't hold your breath or you will pass out.
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Trust him, his company predicted the fall of the Soviet Union, the fall of the Japanese stock market, the rise of Islamic Terrorism, and the 2008 recession
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this guys a fraud
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Is this true?
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such things will happen until the end of the world, for the world is full of sin, if you try to carryout a reseach, for we have gone far away from our creator, yet he is in control of the universe, we do things in our own ways, let us make a u turn to our creator, he will never let us down, he sent us his son, jesus christ, to set us free from our sins, for the whole world sinned, but through jesus we are forgiven,
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Nature brings things into balance? Since when is nature in charge of govs?
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I am surprised how someone as knowledgeable as BB can be naive to the degree that they miss the signs that the gov can manipulate markets as they see fit. One could argue the validity of the govs judgement but not their power to apply it...
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what this guy is talking about is going back again in 18th century. if we abolish central banks and let the market unregulated we gonna end up small fish eating little fish or, peasant working for feudal aristocrats. People like this one are afraid from the future and scared from new ventures. in every society we have negative people like this one who always talk about failure and fear instead of giving new ways, options or fix problems
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