Economic Collapse Imminent

in #money8 years ago (edited)

"Economic Collapse Imminent" "Economic Collapse Imminent ". I'm hearing from all over people are advising to get the money out of the banks that a "Bail in" is coming this time. To stock on gold silver and crypto, get a gun, create a supporting community and store food in preservative plastic nylons :)

Now I've been hearing allllot since 2008 but now it's really intense, and it's coming not only from amateurs creating drama for attention. Experts are popping up on articles and media giving elaborate and logical explanation on why it's imminent and it's only delayed so the elites can expand their riches and influence before they reboot their rigged system to start a new world wide debt digital governance. Many are suggesting world war 3 has already started in Syria between NATO and Russia China and Iran via a proxy war which if not mediated could expand to a nuclear one.

I do think a reboot to some degree is needed to rejuvenate the system but I'm doubtful it's imminent..
I also don't think that all the elites are demonic power hungry psychopaths and that a nuclear war is highly unlikely. Many of the elites understand that they need to share the resources of the world and that a better world can be set to motion without diluting 90% of the world population and that they can still have fun without impoverishing 99% of world population.

I wounder what others think about this ? is it time to take our paper digits out of the bank ?

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I do not believe the crash is imminent as in weeks but I think within months maybe. The Elites do feed on the 99% though that is for sure, the banking system especially. we should all be prepared for something happening, it did in the past many times, last time 2008 and now more derivatives are stored than in 2008, it will be much worse by design as 2008 did not get them everything they wanted.

there are some aspects that confirm that a huge bubble emerged:

  1. US financial derivatives market cap is many many times bigger than assets market cap
  2. Us economy is slowing down.
  3. despite that, Fed raises the interest rate.
  4. presidential elections in US, same as in 2000 and 2008.