Jim Rickards: Coming Economic Depression
Economy | Information | History | Online | Facts | World | Global | Money
To view this presentation in full-streaming HD, please click here: http://pro1.moneymappress.com/253791/ To read the transcript of this video, please click here: http://pro1.moneymappress.com/262893/ Many in the U.S. Intelligence Community warn a 25-year Great Depression is unavoidable... Jim Rickards, the Financial Threat and Asymmetric Warfare Advisor for both the Pentagon and CIA, is among them. But he fears these warnings are being ignored by our political leaders and the Federal Reserve. Rickards says that what the U.S. government doesn’t understand is we're on the verge of entering the darkest economic period in our nation's history. The above is footage of an exclusive interview with Rickards detailing everything he’s uncovered. Money Morning wants you to see this urgent presentation because the impending economic collapse could begin within the next six months. Which is why every American should hear Rickards’ warnings today. “There are a lot of signals out there and they're very, very troubling…If you compare what's going on today to what happened in the late 1920s just prior to the Great Depression, there's a very striking resemblance,” says Rickards. “A 25-year depression may sound extreme, but historically it’s not,” Rickards says. “We had a 30-year depression in the United States from about 1870 to 1900. Economists actually call it the Long Depression. That was before the Great Depression. The Great Depression lasted from 1929 to 1940, so that was quite long.” Later in the interview, elaborating on sections from his new book “The Death of Money,” Rickards reveals 5 catalysts, or flashpoints, that will inevitably set America and the rest of the world into extended economic turmoil. Widely valued as an authority on U.S. economics, Rickards exposes the most important issues plaguing our country today. Fact after fact, Jim Rickards builds an airtight case on how the actions of the U.S. Federal Reserve and the International Monetary Fund will cause a coming 25-year depression. Money Morning believes the above interview with Jim Rickards to be one of the most important presentations to watch today. His book is a must-read for every American. So we’re offering the public immediate access to this exclusive interview and a copy of Rickards’ book, “The Death of Money,” absolutely free. Click the link below to find out more about the coming economic depression and have a copy of “The Death of Money” rushed to you at no cost. http://pro1.moneymappress.com/253791/
Comments
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Project Profit Cost?
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ABC News reported last week on a teenager who lives in a tent, rides his bike 6 miles to high school and who is hoping to get a pizza shop job so he can pay for rent for an apartment. Ultimately, he hopes to go to medical school. The media is "normalizing" abject poverty so that we shrug our shoulders about our collective impoverization.
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Notice how the velocity of money started to plummet in 1997, the same year that the internet was perfected allowing U.S. employers to go go ape-s...t nuts outsourcing U.S. jobs.
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In 1997 the internet was perfected which prompted U.S. employers to go beserk internet-outsourcing U.S. jobs by the tens and tens of millions, causing the Second Great Depression, which is about to enter its 20th year.
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Not as crazy as you may think! Dude. Also remember the AntiChrist is waiting in the shadows just waiting to pounce on all the chaos that the collapse of the US Dollar will bring to the world!? Especially to the Anglo Saxon dominated parts of the globe. If America sneezes the rest of the world catches a cold that's an old Australian saying. And remember the IMF also belongs to the AntiChrist.
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u crazy dude
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the share of USD as a global reserve fx is around 64% now, so quite wrong prediction from Jim in 2014.
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My God wish you be wrong about this, but Jim you,re 100% right.
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Steve Meyers seems like an infomercial actor.
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once this happens, say good bye to america and the rest of the countries, a new world government will be formed. were going back to the way it used to be, with kings and queens, and the rest peasants
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Wow had this vid saved on my playlist, but it was deleted so i have hunted down this copy and subbed thank you.
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According to Rickards' prediction, the Big One would happen three months ago.
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I would LOVE to point out that the 16 Intelligence agencies are not all accurate as they are depicted in this video. Honestly, if you people believe that ONI is apart of the American 16 Intelligence Agencies, we deserve to have our asses handed to us.
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What Jim Rickards failed to point out is that other political developments, like a major war and potential natural disasters can and will also play a very influential role in the coming "economic, financial" collapse, they might be the 6. flashpoint. He FAILED to point out, that the financial economic depressions of the 1930ties and 1910s were used for or lead to war. So instead of being a little investor in a market system that will not exist after the coming collapse, war and other engineered distasters, get goods/foods/medicines/water you can trade with your neighbour and some gold and silver coins. Besides that get right with Christ. In my humble opinion.
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Greece, Italy, Spain are just the canaries in the mine shaft and we are all heading into that dark place...the depressio is comig on the heels of this deflation...look at oil, it is not a good thing, because everything else is also dropping in price...
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I if things get this bad. the only protection you can have is a loaded AR 15. there is no investment that can save you from people with nothing to lose.
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Just farm and get some solar panels
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My History teacher said some think we need another war to fix our economy; at the time I agreed he said we send you first smile. Anything the lack of access to resources lead to WW! &2p; the next war will destroy our planet , where do we draw the lines.
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like I said head south for the winter and impeach Obama
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