Chris Martenson-Everybody Knows This Economy Is Unsustainable
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Can’t this sick economy go on as long as the Fed prints money? Economic researcher Dr. Chris Martenson says, “The way we have constructed the economy is unsustainable. Everybody knows that. You can’t grow infinitely on a finite planet. Look at the debt. We have added $57 trillion of new debt to the world since the crisis in 2007--$57 trillion. How much has the global economy grown in that span of time? The answer is about one-fifth as much. Anybody knows you can’t grow your debt faster than you are growing your income. That’s the system we are trying to sustain. We don’t think it’s sustainable, which is why we say people need to begin preparing, but we think there is a way to prosper too. Everything we see now is confirming that we are at the beginning of a very long period of very disruptive adjustments.” Join Greg Hunter as he goes One-on-One with Dr. Chris Martenson of PeakProsperity.com and co-author of the new book “Prosper! How to Prepare for the Future and Create a World Worth Inheriting.” Link to Buy Martenson's New Book can be found here: http://usawatchdog.com/collapse-in-credit-coming-chris-martenson/
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Buying shit, more shit, more shit, more shit and more shit.,Only, to stick your shit, in a storage..Then buy more shit and more and more..And scratch your head..And wonder, why your $120,000 in Debt..That's our economy..
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Great episode
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stop cuban migration its going to make it worst
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always enjoy USA watchdog.
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Excellent show! Thanks for the post, Greg. I agree completely that we're in the Deflation phase of the Crash. Here's what I don't get, and PLEASE ask one of your future guests to explain it: why are grocery prices continuing to increase? Food manufacturers or processors are either raising prices overtly, or doing it surreptitiously by decreasing package sizes. Are they simply trying to get as much as they can before the Collapse?
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convention of states. org
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i love the show... thanks for keeping us informed..........for me karatbars do the charm... gold by gram, you most try it.
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what if debt becomes nothing more than capitulation to another authority's desire?
(debt could be wiped out, all you have to do is give over free will) -
I just saw where Putin warned Americans to not give up their guns and goes into detail about the wall street financed overthrow of Czarist Russia.This is heavy stuff.I wish you could get W.E.Pollock's and Katherine Austin Fitts comments on this and you're comments too Greg.It would be great to do a show on this.Get Putin on your show!
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The only real currency that has ever existed is human creativity and human potential. All of this talk is so far removed from reality. We need to CREATE a new future and stop recycling the same old stuff. We go from stock market to commodities to housing to IPO & mergers and acquisitions and back around again ad-infinitum. We need a cooperative system that finally puts an end to I Win - You Loose, thinking. We need a system that finances creativity, ingenuity and allows for failure which is just part of learning. WE are ALL in this TOGETHER and until people get that in their hearts and minds nothing will change. All of these big money financial freaks need to go away. How would these people ever survive in the real world if finance went away. They have no marketable skills in the real world.
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Thank you Greg Hunter! We love you, and you made the right choice leaving corrupt CNN!
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Chris is not always well informed. Amazon is not just a reseller. He should learn about what is called Amazon Web Services (AWS), only the largest public cloud in the world with a huge opportunity. It's about growth and opportunity, not profits. Many tech companies reinvest into growth. Sure, it's stock may be "overvalued", but it's all relative. AWS's stock price is not a conspiracy. It's based on supply and demand. No need to know Amazon and say they are "just a reseller." Chris needs to be careful and not speak to things he knows nothing about, or at least be more careful in choosing his words. He's also been calling the crash for years, and it hasn't happened. There are many others like Chris and they have all been wrong. I do believe we are in for another crisis, but none of these people can tell us when. Just be diversified and you will be fine. You can't time the market. Chris and others have proven this 100% - again, you cannot time the markets.
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the one thing there's no shortage of is contempt for society by the 5th column corporate owned kleptocracies in governments the world over, syphoning off public wealth/ as fast as possible to private corporate pockets! I've a strong suspicion that ideological austerity is the mechanism that the corpor-plutocracy can use tax payers £, $ to invest in tangible objects/insurance policies etc ?
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The US is producing record quantities of oil...far different than what Chris was predicting several years ago. I think his website was originally all about "peak oil" wasn't it? Wrong.
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learnt about peak oil years ago but Chris connects all the dots. Yes that time is coming.
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Greg Hunter is "The Star" who Wise Men should follow this Christmas. Greg. ...and... As I work for Lord Erroll, The most Senior Scottish Peer in our UK House of Lords, if you need "Lords-a-Leaping", (A partridge in a pear tree, is more difficult!) Merlin Hay can make them leap for you on February 29th 2016. God Bless you and Happy Christmas. and a Prosperous New Year.
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When your surrounded by people who are not prepared for what is coming how safe is that?
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2 great guys!!!
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Awesome Greg and thanks Chris.
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Chris says that the era of cheap and abundant oil is over. Is he kidding? The price of oil is $40 and there is a vast oversupply. Also, gold is not being speculated on, it's being manipulated.
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