John Smith started the day early, having set his alarm clock (MADE IN JAPAN) for 6 am. While his coffeepot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG), and put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA). After cooking his breakfast in his new electric skillet (MADE IN INDIA), he sat down with his calculator (MADE IN MEXICO), to see how much he could spend today.
The gold Bubble!!!!!!!!!! Speculators have done enough damage. The commodity bubble!!!!!!! On the way folks !!!!! Lots of gold few buyers soon and lots of sellers!!!!!!! Don' t trust speculators. Look If I knew how to become a millionaire I would not tell you. If I was infinitely ricjh maybe I might tell you. Be careful when buying commodities. Basic Supply and demand. If there is no demand it practically becomes worthless don't speculate. Remember 1929 we all were rich and then suddenly poor
Vision we have 9million homes in subprime distress. Instead of paying cash say we borrow more from China etc and then payback in these properties- China needs land -homes- thats 9,000000 homes at $200,000 average each on low side. It will be a global integrated economy, we may have special Hong Kong type zones in US for the Chinese or outright Greencard + house in lieu of cash payment of debt- imagine that.
You should write to Indiana`s Governor who sold our toll road to Chinese investors for a 70 year term in order to bring revenue tou our statate during Daniels term. That money will be gone in no time.
Please Watch Worth Great Concern and Attention. Truly Soul Stirring to see this Ladies and Gentlemen. Since this is a great place for Credible Evidence and Truthful, Diplomatic Exposure.
China should never have been "opened." Mao should have been crushed by the U.N. Force in 1952; Mac should have been given carte blanche to obliterate the Red Chinese--using nukes. We gave them everything.
Forget the lats depression , talk about this one which will be make that look like a picnic.Today's PRC surplus is funded by the US consumer , when he goes under so will PRC's income stream and so will it's ability to hold USD bonds which they will dump which will further kill off their buyers.PRC bought into all this global crap and now their fate is inextricably linked to the USNWO bankers.
I cant see how the US will get out of this mess, i'm in the UK and they say our prospects are even worse,because we have the highest budget deficit to GDP in the G8 nations, our banks are falling faster than yours Bradford and Bingley from £2.50 to 10p in a few months nearly 100%, if the worse does happen, the only way out for americans will be to buy the Dow when the upturn starts again with whatever savings you have left and also the shanghai index, because inflation will soar in the upturn.
you're the fat fuel injected reason the world is dying, the collapse of your trading markets is only the first use of collapse they;re going to use to control us an what economy we're allowed to buy into. it's time to think small, go local, live simple and humble, and loose some fucking weight for your youtube viewers.
I advise EVERYONE who has not yet read the Nine Commentaries on the Communist Party to consider watching or better reading this Amazing documentary and lecture series. The videos are posted on Youtube and the website to the free book readings; just google Nine Commentaries on Communist Party.
The Epoch Times International also has Powerful articles about the Chinese Economy and China.
Soon life will change. It will come once the CCP falls, and when the Persecution against Falun Gong is exposed
"Ha you know the chinese manufacture everything we have?" You are right. If we only brought back at least 70% of productivity and had leaders who were like the Emperors of Ancient Tang Dynasty..Amazing! "The Chinese will have a hard time on the world market." They ARE not only having a hard time, but the Chinese Economy is on the verge of collapse, once the CCP (Chinese Communist Party) is destroyed soon from within because of the Quitting of the CCP since 2005 with the 9 Commentaries exposed.
KLguy, At least in China, there is an actual place (that vagina/womb/female site, sorry, can't think of the name right now) that everyone can mentally enter back into. Here we as a nation aren't so lucky.
Now, where can I buy some So Korean and Singaporean money? ^_^
China has a bigger number of cellphones in their country than we have people. Property in china, and standard of living will skyrocket. as they turn their economy inward. Why rely on USA consumers, when they have 5 times this amount at home? They also knew this was going to happen, and Russia is also getting very cosy with them. Face it, we lost....china got all our manufacturing of goods. What do we produce now? We can;t even produce enough for ourselves.We gave it all away.Were the new Mexico.
Why is that so hard to believe? they have the biggest reserve of money and metal. When the great depression happened Russia wasn't even touched! China has enough metal and goods to change to their own inward currency overnight. Why is this so hard to believe? It's been said openly. I understand China not needing us is hard to believe....but they understood the USA wouldn't last forever. And the Chinese only play the market with a fraction....if they lose they wont lose all like we will.
during the great depression china was not affected because as the price of gold went up,
as china was on a silver standard,and silver was now cheaper than gold,chinas exports soared, giving it a trade surplus, it has a trade surplus now, so its currency will not freefall like the dollar, it is already undervalued as well,also it is not 800 million chinese peasants that will ofset US demand, it will be the estimated 300 million chinese middle class who can afford these luxuries.
Please visit the Epoch Times International and read the Nine Commentaries on the Communist Party. the video lectures are posted on Youtube.
The Chinese Communist Regime is on the verge of Collapse, and once this happens the Chinese Economy will collapse. You will see very soon that once the CCP (Chinese Communist Party) falls, the World will change. China is the source of an evil regime that has used 1 quarter GDP to cause horrific organ harvesting atrocities against the peaceful Falun Gong.
Ha you know the chinese manufacture everything we have? The Chinese will have a hard time on the world market. But they have been planning for this for a while. After the collapse, of the American banks, we are screwed. The prosperity of the Chinese will skyrocket, as they turn their economy inward. Everything they produce for us, they will then produce only for their own citizens, and Russia. We let them take all our manufacturing. We make nothing...ha. What did you think was going to happen?
Do you really think that gold will rally in a recession? I hold gold and have been buying since Dr. North told his members to buy back in Oct 2001. I have 25% of my wealth in gold I have recently shorted Gld to cover losses in my physical gold. I bought gold for a different reason than most people. I don't see gold as a hedge against inflation, nor as a safe haven in a depression. I do see it as a hedge against war and international conflict or as a defense in the "crack-up boom".
If we want our country to flourish, we need to upgrade our country's lifestyle to the 21st century, not the 14th century.
We also must be educate kids at school or else they'd never have great money making jobs.
And we're also gonna have to put heart, blood, and soul into American made products for even cheaper than what the competition is AND it MUST outperform the foreign competition.
Thanks to the bribe-taking policitians and greedy corporations, I doubt any of this will happen.
China has their program on the ball and we got our head up our ass. We make products in the U.S. of poor quality, overpriced and bad performance with workers who couldn't care less whether or not they still got a job to go to. Of which, the products we do make are inferior to top-peformance, durable, properly priced foreign products.
You think disposable electronics, lead paint and dies and unregulated produce is on the ball? I will pay extra for quality and to keep our countrymen employed and safe. Our products subsided due to cost down. This is directly due to EXPLOITED communist cheap labor. There is nothing wrong with US made products. The problem is the consumer not willing to pay for it. Nothing made in China is built to last. You lose by having to make multiple purchases of the same item. We need to localize.
American quality and keep our countrymen employed and safe? You're joking, right? It don't matter if you buy American or import: America outsourced its jobs so you're buying foreign without freedom of choice. Also, US companies KNOW the consumer not willing to pay for it, so they outsource to save costs. And like China, stuff made in the US isn't built to last. US cars built from the '80s up hit the scrapyard within 10 years.
Point taken. However, the cars that are ending up in the junk yards are the generic, used up leases or shitty 4 bangers. The American cars with any collector value are actually taken care of like any good car made anywhere. If you buy a car to "own" it, you take care of it and the wheels don`t fall off when you are Going down the road. People who lease are kicking themselves now cause their leases are up and most cant qualify for a new or extention. Most US cars have a 10 year, b2b warranty.
you could bring out your hh0 water power technology that the usa govt has been keeping under wraps since the 70s(stan meyer inventor water power car)and lead the world in clean fuel technologies. alas your oil corps run the country and dont want to give up the reigns of power easily.. they will not go quietly!
Hi. I like your videos. Interesting stuff. I've said Gold for the last year, but my "Mutual Fund" guy knows nothing about buying and selling gold, but he can sell me more "Mutual Funds". It seems I have to do my own homework. Did you ever cover the Feds raiding/confiscating the Liberty Gold offices and taking the Ron Paul Gold coins. Is there a follow up? If I ever buy Gold, will that happen to me? Also, if I had more than one Ron Paul hat I would send it to you. I wear mine all the time.
Boy I know I sound ignorant, but what does "get out of the dollar" mean? I guess anyone who has a mortgage now, who is a regular joe, is going to lose their home won't they?
Thanks for all of the great info, and keep up the great work!
We went to war with Iraq after 1)supplying them with weapons for 8 years during the Iran/Iraq war 2) knowing they didnt have weapons of mass destruction
3)We borrow money, alot from China, who is a supporter of Iran. We do good Public Relations by having the Olympics there.
4) Set up our military in Iraq which is across from Iran. We borrow money and threaten not to pay it back unless they back us up. Elect John Mccain to finish what Bush started =TARGET = IRAN. GET IT???
Mexico is a natural resource nation, their problem is government. Our problem is government. Our currency is way over priced, its going to get ugly. Chiclets anyone?
SUVs, Hummers, V8's, even V6's - all are a threat to our way of life, they are not essential to our way of life. Don't buy them. They contribute to the oil price, peak food and global instability and America's crippling foreign debt.
Just saw your first two videos. I don't know how you knew it, but you were dead on. You definantly can't be ignored. Look forward to hearing your opinions in the coming weeks and months.
Dx11101- 100-110 a barrel. It would cause 4.25 a gallon to be the floor for Americans. The consumption economy would slowly collapse as people would have to use more money for energy and change spending habits. Remember there is a 6 months lag between the price per barrel and what you're paying at the pump. Less than 6 months ago, oil was below 100 dollars. thx for the comments
I think the leg is 3 months. So in August you will be paying about 25% more than what you are currently paid at the gas station. That will likely put gas price at $5 - $5.30 a gallon. It's rather hard to pin point the point where things will collapse because of high oil price. It's just how much you put in the gas tank that impact your wallet but your food. Over 60% of food production, from growing to harvesting, take petrolium. Fertilizer creats 2.5x of output over w/o fertilizer.
This might be helpful. Expirations for various different foods and products. Though I think most of them can keep longer, just my personal opinion. organizeyourlife org/Expiration htm
Went to Costco today. They now have rice again but only limited to one per customer. So I picked up another 10 lbs. to add to my supply. Also buying canned meats such as tuna and chicken. I am cycling them so they don't sit to long. Have any of you looked into soy milk rather then regular milkz? Soy has a great shelf life and I don't really notice much of a difference in taste since I only use it in cereal now. Nuts, seeds, peanut butter are great sources of protein and have long shelf lives.
It's wise to prepare for tough times ahead regardless of your belief in pre-trib, mid-trib or post-trib rapture. Even if a pre-trib rature is correct doctrine, who knows when it will happen. Christians may or may not see very tough times. Because no one really knows, its best to prepare just in case. Our survival is critical to spread the Word.
VV, What do you think about claims that the US is actively encouraging high oil prices because oil is dollar-denominated and so it helps them support the dollar?
That is exactly what happening. This to create demand in USD since oil is mostly traded in USD. The higher the demand for USD, Fed can keep printing and other nations are forced to demand it to exchange for OIL. A new report just out from Merrill Lynch that in about few months, oil producing countries are changing their USD pegged to a basket of currency. This could spark OIL trade to be away from USD. Why shouldn't they? USD should be about 10 to 15% of what it is now at.
Some people team up and get supplies together and bury them out in the desert in a secret pre-planned meeting place. That way even if everything gets looted or destroyed your still prepared long-term.
I just talked at length with a local business owner about foreign and domestic stocks and inquired as to his depression survival strategy...the only thing he didn't adequately explain was his plan to survive the upcoming crash by investing in "options' instead of futures or commodities. Could you explain what 'options' are and whether or not such a strategy has merit?
An option is like a "Rent to Own." You pay a premium for the right to buy or sell a stock at a certain price by a certain time. Do you research on options, they can be used to give small investors the leverage needed for big profits.
Diesel hit $5.00 per gallon today in Yakima. Unleaded supreme is $4.37. I'm looking into an electrical conversion for my small truck. I've seen some interesting ones on youtube that look fairly inexpensive.
Looks like the big melt down is really starting to implode. Strange weather out here in So Cal. I saw the weird clouds come in and I knew something was up the other day.
Lets face it.. the reson things are so bad is because of things evil men have done.. If evil men can create this mess... then we can fight it and fix it.. Its because of people thinking they have no power over there environment that things where able to get this way... this has to stop.. If it doesnt stop we will be right back here again in 100 years.. I belive in god.. but I also belive in YOU.. PRAYER... and ACTION = CHANGE...
I agree that we shouldn't just sit back & do nothing. I do believe that God can use us to make a change, but we need His guidance. "Not by might nor by power, but by my Spirit, says the the Lord" (Zechariah 4:6). To answer your last question, I did pray to become a Mechanical Engineer, then I acted on it and was blessed with that gift...
billy.. did you just pray to become a Mechanical engineer?... or did you have to get up and do somthing to become a engineer?
You are a powerful person.. and the things you do can make a powerful impact on everyone and everything... please dont just shut down because you feel you have no power over things. Its up to everyone to do there part and react... god made you in his image.. this gives you power to make changes in the world around you..
billy... there are things YOU can do... dont just sit back and do nothing because you think you have no control.. Thats exactly what the Powers that be want all americans to do... sit back and do nothing... stand up and fight for what you believe in... It is time to MAKE CHANGE.. not pray for change.
The bottom line is that God is in total control. He has a timetable for a sequence of events to take place that will transpire no matter what man does. Remember, God is in control and as long as you have Him, you have nothing to worry about.
You make so much sense... great video..and valuable information much thanks! I just recently began buying silver bullion and only a few days ago tried to order bullion coins [ U.S. & Canadian ] guess what...orders are already backlogged... hmmmm. i wonder why. So thanks to your previous video advising minted coins rather than plain bullion my mindset is focused in a different direction. THX, MS
I dont think the depression will last 10 years, yes its possible but I think 6 months after the dollar crashes, we'll hear the NEW NEW Deal like VV talks about. Maybe 5 years to regroup and get our production base back but that will be fast forwarded by WWIII. I dont know if anyone has ever heard the 'other' stories about Pearl Harbor, but I think the govt knew that attack was coming as well. So if you survive the crash and WWIII, you'll be fine. (I hope)
Stock market crash, dollar collapse, chaos for minimum 3 months, New New Deal comes, Israel attacks Iran or provokes attack, US backs Israel, another attack on US soil, marshall law, China and Russia join in, then Britain, WWIII
Ron Paul or not, it doesn't matter. The USD will crash anyway. Other countries won't give US a free ride anymore because their own people need to eat and better life. Why subsidize Americans? PEOPLE who are living now has to pay for the mistakes did since 1971. But Ron Paul will come to help in the process of rebuilding and get the new chapter starts correctly. Great suffer will happen before the new brighter days.Next 10 years or so will be rough after the crash before the bright new days.
Plenty of blame to go around, this has been in the making for decades. 1913 is the year that put America on course for what we are experiencing today. :(
The price of steel has gone from $500 per ton seven months ago, to a whopping $1080 per ton as of this week. This is going to be a disaster for companies that need steel to manufacter their products (automobiles!!!). US auto industry is going down, then a domino effect will soon follow.
I was talking to a seemingly bright twenty-something today when I took the conversation into the realm of future economic collapse and hyper-inflation and why I thought it would soon happen. He just smiled and said" Man, I just watch the Simpsons and play my video games...whatever's going on in Washington I have no clue".
999manman- Most people I know live inside the matrix as well. Even with gas at 4 bucks and food soaring they still live a life of ignorance. The very ignorance that has become the power of the global elites.
Americans are not ready for what's about to take place.
Is anyone watching this crap on Jim Cramer today? He is trying to protect himself on what he has said, that the declines are normal and that we should expect them.
poor poor Jim Cramer. It was 7 days ago that he told us that the Bull market was back. I guess he didn't clarify, he meant to say the Bull **** market was back.
hey blueeggsitter, I'm sure that saints and angels exist in most health care settings, but it will be overwhelming once folks can no longer pay and insurance is non-existent. Insure your own health by becoming more healthy. Understand how your body works. Start now- modifiy your diet so that you are eating a well-balanced and healthy foods that work with your body chemistry. Exercise both mind and body. Get rid of the TV. Stock up on vitamins and minerals, first aid items and birth control.
The funny thing is that mr. Paulson insists that oil price is going up because of demand and supply, but he won't even admit that a devalued dollar increases oil, food and commodity prices.
As for China, yes it's true they don't need the US. They have a BIG trade surplus, BIG liquidity and a BIG Sowereign Wealth Fund. Have you noticed that they are now turning to Africa?
VisionVictory: interesting article but it somehow collides with your own line.
In this article, it is told that the US are a production economy, not a consuming economy only. You used this argument of "the US is an consumption economy only" in your previous videos to ground your predictions of a massive crash to come in the US.
Absolutely we produce, it's just not nearly as much as we import from other countries. We not only have a trade deficit, but our economy is 70% consumer dependent.
The main problem of course, is our consumption is based off of others loaning us the money.
When OPEC members agree to quote oil in other currencies, you know the end is near. Either US will bomb OPEC member countries and invade them to gain control of oil so it can be moved back to USD OR the collapse of USD and USA in extreamly short time after, in less than a month and could be as quick as 2 weeks.
Dont take it back. I like this channel because the vid maker has similar data to mine and drew very different conclusions from mine but I think your statement could be the epitome of the existing divergence of interpretations.
You introduce "OPEC members agree to quote oil in other currencies, the end is near" as a casual move while quickly after stating the very possible consequence " Either US will bomb OPEC member countries"
Well, OPEC members know this and wont switch from USD for...
this very reason. Taking the decision of getting your country bombed is not an easy decision to take up. So it is safer to assume that countries wont do.
A reason why they will have no crash in the US.
The move of going out of the USD as oil currency is more realistic when you think of countries like Russia. If Russia did this, they wont get bombed. And I am pretty sure that here, we have very tight negociations to avoid this move with Russians getting a lot of patting in the back...
... to not do this. In the backstage, you dont know what kind of advantages Russia is bargaining in exchange of not going out of the petro-dollar. This is real, not the OPEC members going out of it with the known threat of being bombed.
You forget Iran Oil Bourse. It's trading in Euros, Russian, Iran currency. OPEC and Russia soon will switch after seeing their USD purchasing power keep going down. As for bombs, they may be afraid to get bombed but Russia and China will get involve if it is to happen. Therefore the bomb threat won't work. Also people don't favor wars right now. Russia wants to open its oil bourse in Russian currency only. It will happen soon. USD is DONE
one more point to make, WHEN US dollar -> economic collapse, other nations will suffer some but will recover quickly, especially if they can produce food. Energy will be cheaper as a whole. US consumes 25% of oil produced. When US collapse, big chunck of the oil will flood the market which will bring oil price down. This will make it easier for those countries to recover. But in the US, oil price is going to be out of reach for most as OPEC won't want USD for oil anymore.
7 millions (out of 107 millions) people died in USA during the great depression. That was about 6.5%. However, I feel that this time around it will be more like 30 to 40%. Why? 1) People are now living in big city and over populate 2) they don't know how to grow food/raise animals nor have land to do so 3) our economic is so far away from basic economic like in the old day 4) we import lots of food from aboard 5) we have lots of elders who depend on medication. Be prepare.
If you haven't already done so VisionVic, check out Ron Ianieri from Options Univ., interview, posted by endlessmountain. Great interview - seems spot on. And, thank you for all your great videos - can't wait for the next one!
Mexico is a natural resouce nation just like the U.S.
It's Mexicos government that has made things so bad, the U.S. is going down the same road.
Were already like Mexico, we just bennefit from having the world reserve currency, this allows us credit. Once the credit is gone, the credit mask Americans wear will be taken off.
"we just bennefit from having the world reserve currency" Yahaan! one of the many benefits. Others being the most technologically advance in almost every field. and having supreme military power to save our interests.
and now we sell ideas in form of software business, we have gown out of making toys (which actually shifted to china). Only CA can take on 50 Mexico's alone.
Whats really funny is how all the headlines. "Stocks rally as oil falls"CNBC
Let me get this straight, Oil is at 132, 100% higher than May2007, and oil is falling. 132 = the death of the American way of life, this is crazy. The dow should be below 10,000.
99% of the US doesnt know how much power China has over us in economic value. The US makes and spends its money on war. This time around, we lose, especially with the economy.
However, If the powers that be want us to win an econimic battle we will. It will just cost the US its constitution.
Hello the amero and FEMA camps with marshall law after gass is $11 a gallon.
I always rate 5 starts :) One question, why would china dump dollars what is in it for them to do that, also what is your outlook on layoffs and job cuts, you can loose some money in the market if it crashes, but if you loose your job and can't get another one, things will turn bad really fast dont you think?
Hello again. When I put up the economic video on the 17th oil was at $126 and change for a barrel. We are now close to $136 in less then a week. This is getting real scary don't ya think? If you haven't got into Gold and Silver I would still recommend it as a solid investment.
I'd have to say this whole problem is due to another factor that is being overlooked by even bloggers like yourself. The exporting of the energy intensive American life style is a major reason why energy will never be cheap again.
For an American to fill up an SUV on 99 cent gasoline his/her counterpart in China must have a bike as primary transportation.
I do agree that many Americans with their fat egos have been living high on the hog for many years. I can honestly say that I haven't been as things don't impress me more then a person who is sincere and honest.
Did you guys hear that there was a new clip from Osama Bin Ladin. Who is even listening to this crap anymore. A guy on a camel in a cave masterminded 9-11. Give me a break. Bhutto said he was dead on the BBC and they covered that up months ago when she said it.
Binforgotten allegedly died of kindey failure years ago according to foreign sources. As for Bhutto, I shed no tears for her. She was a criminal as well; she'd sell her people out for a pair of fancy shoes.
Robert Hirsch, Management Information Services Senior Energy Advisor, gave a dire warning about the potential future of gas prices on CNBC's May 20 "Squawk Box". He told host Becky Quick there was no single thing that would solve the problem, due to the enormity of the problem.
If you can, get your 401K into sector funds or international stocks. If you're stuck in dollars, you need to consider your options on getting it out. Just my opinion of course, consult Euro Pacific Capital for more information on 401K's. I was able to roll mine into an roth ira, my wife was able to get her 403B into Fidelity Sector funds. We put them in mining and energy. I wouldn't depend on retirement accounts though, look at them as bonus accounts.
Stagflation would mean we still have some type of growth. Without credit expansion, it's impossible for a bunch of broke people to have stagflation. Were going to see hyper-inflation.
Ronsanidiot seems to be pushing buttons to get a reaction. I suppose it is good in a way, the more you get people angry, the more they will stick to their guns (literaly). Cut the crap and just prepare. Ron, you have to admit that VV makes a lot of sense and he ain't selling anything. By the way, all my melons, tomatoes, corn, beans, lettuce, onions, squash, carrots, raspberries, strawberries, and cantelope are all sprouting, my bee hives are doing great and my fruit trees are looking great.
Many people are saying September 2008 everything is going to go haywire. So I think you're right about that. Do you think that is when riots will break out?
I don't think civil unrest will come until the stock market crashes and hyper-inflation goes into full swing. With gas up 12% in the last 30 days, we certainly have entered into hyper-inflation, but it's like a train, were just getting some momentum. We already have a lot of unemployment, foreclosures, and inflation. So the stage is set, now I don't know if the breaking point is 5 bucks a gallon or 6 bucks a gallon. No doubt, with Americans maxed out on credit it could happen this year.
I guess my question is, what do you see happening in September of this year? Everyone is predicting the whole economy will collapse by then. What are your thoughts?
I think things might crash in October. I think after this summer (September) people will start to realize that there was no "Summer Rally". At that point things might go downhill. But then again what do I know.
LEAP/E2020 states: "The end of the third quarter of 2008 will be marked by a new tipping point in the unfolding of the global systemic crisis. At that time, the cumulated impact of the various sequences of the crisis will reach its maximum strength & affect decisively the very heart of the systems concerned, of which the U.S. is epicentre of the current crisis. In the U.S., this new tipping point will translate into a collapse of the real economy."
That's amazing, I was just searching the web to see if anyone had answers, and I came to this LEAP/E2020 site 3 times when I looked. I really think it will be around September 2008 when this whole thing implodes. We're not even out of May yet, and you can already feel the tension. Something is about to give way. I give us, until the start of 2009 MAX before we see this Depression come into full swing and riots starting. It's gonna be so ugly. I'm thinkin about moving to Africa. lol.
The global systemic crisis is in fact the beginning of an economic decoupling between the US and the rest of the world (Asia/Europe). Neither Asia nor Europe will suffer the most negative impact of the ongoing crisis; but the United States will, as well as all the countries/economies strongly linked to the U.S/
We need to rebuid america again, God bless america again
wolftreetree 1 year ago
Let's rebuild American industry and STOP buying the Chinese JUNK!
Check us out we manufacture union made t-shirts and sweatshirts MADE WITH ALL USA COMPONENTS!-----------UnionShirtSupply. com
UnionMadeInUSA 1 year ago
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We all worry about you VisionVictory.....
Honestly, you will be one of the first that gets rounded up and thrown into the FEMA camps.....
You, Alex Jones ( and Man Of Truth)....
We believe what you are doing is wonderful, but you are asking for them to take you in the night!
We worry that just because we watch you, we will have our doors bashed down in the middle of the night, and be shoved into a camp........
For Gods sake we all need to be careful!
DeathOfTheDollar2010 2 years ago
At the end of yet another discouraging and fruitless day
checking his Computer (made in MALAYSIA),
John decided to relax for a while.
He put on his sandals (MADE IN BRAZIL),
poured himself a glass of wine (MADE IN FRANCE)
and turned on his TV (MADE IN INDONESIA),
and then wondered why he can't find
a good paying job in AMERICA.
DimaNewBorn 2 years ago
After setting his watch (MADE IN TAIWAN)
to the radio (MADE IN INDIA),
he got in his car (MADE IN JAPAN),
filled it with GAS (from SAUDIA ARABIA)
to continued his search for a good paying AMERICAN JOB.
DimaNewBorn 2 years ago
DimaNewBorn 2 years ago
Stupid dumb Americans trying to get free lol.. shut up and keep paying kosher tax.. you should be eating and shopping!
NaoSouNando2006Nao 2 years ago
china rise
ballball1109 2 years ago
HUMAN BABY SOUP IN CHINA
/ / hk . geocities . com / ennet3 69 /
(HUMAN BABY SOUP)
they are killing innocent tibetan and eating.are chinese human beings?
ChineseEatingBaby 2 years ago
ah yeah, how can you treat 1.3 billion people as a same group without difference?
MsDaisy36 2 years ago
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Videos:
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1) Things Europe Never Invented: Ancient Chinese Inventions Pt1
watch?v=cx-x7BrgjSA&feature=channel_page
2) Five Major Flaws in Guns, Germs, and Steel - Part 1 of 5
watch?v=QHyspkeyIfs&feature=channel_page
smartgirlfat 2 years ago
The gold Bubble!!!!!!!!!! Speculators have done enough damage. The commodity bubble!!!!!!! On the way folks !!!!! Lots of gold few buyers soon and lots of sellers!!!!!!! Don' t trust speculators. Look If I knew how to become a millionaire I would not tell you. If I was infinitely ricjh maybe I might tell you. Be careful when buying commodities. Basic Supply and demand. If there is no demand it practically becomes worthless don't speculate. Remember 1929 we all were rich and then suddenly poor
MrWorldking 2 years ago 2
ppl like peter schiff dont tell you how to get rich, the only thing hes telling is how much you got owned by trusting in things like the US
bossguard6 2 years ago
When OIL is traded in Euro's...... it's over!
execk2 2 years ago
3/23/09: You were right on the friggin money about 9/08, Daniel.
Awesome. Thanks bro!
nepenthean 2 years ago
I'm glad there are people who get it... from now on I'd like to think i'm not alone
Russo017 3 years ago
Vision we have 9million homes in subprime distress. Instead of paying cash say we borrow more from China etc and then payback in these properties- China needs land -homes- thats 9,000000 homes at $200,000 average each on low side. It will be a global integrated economy, we may have special Hong Kong type zones in US for the Chinese or outright Greencard + house in lieu of cash payment of debt- imagine that.
pvasa20 3 years ago
You should write to Indiana`s Governor who sold our toll road to Chinese investors for a 70 year term in order to bring revenue tou our statate during Daniels term. That money will be gone in no time.
oldphoque 3 years ago
Please Watch Worth Great Concern and Attention. Truly Soul Stirring to see this Ladies and Gentlemen. Since this is a great place for Credible Evidence and Truthful, Diplomatic Exposure.
watch?v=Fkf2u1Umzi4
watch?v=0vx5afAtGAY
watch?v=ynqyI5s3WoM
Best Wishes
Mitch
mitchee009 3 years ago
why dontyu move from the states? =D
faszika 3 years ago
Where is all this cash going if it's not being stolen---D/J down 600 more--?
Is China getting this monies--or is it sitting on Pluto?
lumpagogo 3 years ago
China is communistst. All income passes thru government prior to the banks. There is no IRS however bad they are. You see who is getting stronger?
oldphoque 3 years ago
China should never have been "opened." Mao should have been crushed by the U.N. Force in 1952; Mac should have been given carte blanche to obliterate the Red Chinese--using nukes. We gave them everything.
But we are too 'yellow' to take it back.
lumpagogo 3 years ago
Jasy221,
Forget the lats depression , talk about this one which will be make that look like a picnic.Today's PRC surplus is funded by the US consumer , when he goes under so will PRC's income stream and so will it's ability to hold USD bonds which they will dump which will further kill off their buyers.PRC bought into all this global crap and now their fate is inextricably linked to the USNWO bankers.
PRC middle class ? haha you got to be kidding.
KLguy133 3 years ago
I cant see how the US will get out of this mess, i'm in the UK and they say our prospects are even worse,because we have the highest budget deficit to GDP in the G8 nations, our banks are falling faster than yours Bradford and Bingley from £2.50 to 10p in a few months nearly 100%, if the worse does happen, the only way out for americans will be to buy the Dow when the upturn starts again with whatever savings you have left and also the shanghai index, because inflation will soar in the upturn.
jasy221 3 years ago
watch lou dobbs.
4239rocket 3 years ago
you're the fat fuel injected reason the world is dying, the collapse of your trading markets is only the first use of collapse they;re going to use to control us an what economy we're allowed to buy into. it's time to think small, go local, live simple and humble, and loose some fucking weight for your youtube viewers.
Russticle 3 years ago
Rustytesticle,
Please clean up YOUR language, and leave off the personal attacks against the uploader.
No one put a pistol to your head and made you watch it.
Thank you
WNanette 3 years ago
I advise EVERYONE who has not yet read the Nine Commentaries on the Communist Party to consider watching or better reading this Amazing documentary and lecture series. The videos are posted on Youtube and the website to the free book readings; just google Nine Commentaries on Communist Party.
The Epoch Times International also has Powerful articles about the Chinese Economy and China.
Soon life will change. It will come once the CCP falls, and when the Persecution against Falun Gong is exposed
mitchee009 3 years ago
"Ha you know the chinese manufacture everything we have?" You are right. If we only brought back at least 70% of productivity and had leaders who were like the Emperors of Ancient Tang Dynasty..Amazing! "The Chinese will have a hard time on the world market." They ARE not only having a hard time, but the Chinese Economy is on the verge of collapse, once the CCP (Chinese Communist Party) is destroyed soon from within because of the Quitting of the CCP since 2005 with the 9 Commentaries exposed.
mitchee009 3 years ago
Long live the sons of the Tang and Ming, death to dirty commies.
zhende Zhongguo shi Tang/Ming de erzi.
wai jun , wai yun , wai kok, Ming Hatoi kwuthei wing yuen put fong.
KLguy133 3 years ago
KLguy, At least in China, there is an actual place (that vagina/womb/female site, sorry, can't think of the name right now) that everyone can mentally enter back into. Here we as a nation aren't so lucky.
Now, where can I buy some So Korean and Singaporean money? ^_^
WNanette 3 years ago
Err OK ,but as for the SGD, you can't buy it offshore, you can only own it in an account in Singapore.Not sure about the Won .
KLguy133 3 years ago
China has a bigger number of cellphones in their country than we have people. Property in china, and standard of living will skyrocket. as they turn their economy inward. Why rely on USA consumers, when they have 5 times this amount at home? They also knew this was going to happen, and Russia is also getting very cosy with them. Face it, we lost....china got all our manufacturing of goods. What do we produce now? We can;t even produce enough for ourselves.We gave it all away.Were the new Mexico.
shegax03 3 years ago
Nonsense, who the hell is going to pick up the slack once 300m US citizens go to the poorhouse?
800m Chinese peasants , yeah right.Or are you saying the all the CCP linked companies will do it like they will sell the goods to themselves?
LOL, I don't think so. If the US economy goes to the loo so will China and in a way they deserve it.
KLguy133 3 years ago
Why is that so hard to believe? they have the biggest reserve of money and metal. When the great depression happened Russia wasn't even touched! China has enough metal and goods to change to their own inward currency overnight. Why is this so hard to believe? It's been said openly. I understand China not needing us is hard to believe....but they understood the USA wouldn't last forever. And the Chinese only play the market with a fraction....if they lose they wont lose all like we will.
shegax03 3 years ago
Most of those are in USD which will turn to shit when the $ devalues.ALL CCP's reserves will turn to shit.And what good is scarp metal.
PRC invited corrupt US bankers to prop up their economy, if they die you die too,simple as that.
Stop fantasising, CCP hates it's own people, go and live then talk.
KLguy133 3 years ago
during the great depression china was not affected because as the price of gold went up,
as china was on a silver standard,and silver was now cheaper than gold,chinas exports soared, giving it a trade surplus, it has a trade surplus now, so its currency will not freefall like the dollar, it is already undervalued as well,also it is not 800 million chinese peasants that will ofset US demand, it will be the estimated 300 million chinese middle class who can afford these luxuries.
jasy221 3 years ago
Please visit the Epoch Times International and read the Nine Commentaries on the Communist Party. the video lectures are posted on Youtube.
The Chinese Communist Regime is on the verge of Collapse, and once this happens the Chinese Economy will collapse. You will see very soon that once the CCP (Chinese Communist Party) falls, the World will change. China is the source of an evil regime that has used 1 quarter GDP to cause horrific organ harvesting atrocities against the peaceful Falun Gong.
mitchee009 3 years ago
Ha you know the chinese manufacture everything we have? The Chinese will have a hard time on the world market. But they have been planning for this for a while. After the collapse, of the American banks, we are screwed. The prosperity of the Chinese will skyrocket, as they turn their economy inward. Everything they produce for us, they will then produce only for their own citizens, and Russia. We let them take all our manufacturing. We make nothing...ha. What did you think was going to happen?
shegax03 3 years ago
Your vid was awesome buddy... :)
gauharjk 3 years ago
china is going to buy america and save america from falling. If america resists the purchases, the country is heading to a fall for sure.
ronpaulflash 3 years ago
Do you really think that gold will rally in a recession? I hold gold and have been buying since Dr. North told his members to buy back in Oct 2001. I have 25% of my wealth in gold I have recently shorted Gld to cover losses in my physical gold. I bought gold for a different reason than most people. I don't see gold as a hedge against inflation, nor as a safe haven in a depression. I do see it as a hedge against war and international conflict or as a defense in the "crack-up boom".
leiaburgess 3 years ago
Great vid man, you pretty much summed up everything I thought was gonna happen to the dollar.
jeffnsee 3 years ago
If we want our country to flourish, we need to upgrade our country's lifestyle to the 21st century, not the 14th century.
We also must be educate kids at school or else they'd never have great money making jobs.
And we're also gonna have to put heart, blood, and soul into American made products for even cheaper than what the competition is AND it MUST outperform the foreign competition.
Thanks to the bribe-taking policitians and greedy corporations, I doubt any of this will happen.
betatalk357 3 years ago
China has their program on the ball and we got our head up our ass. We make products in the U.S. of poor quality, overpriced and bad performance with workers who couldn't care less whether or not they still got a job to go to. Of which, the products we do make are inferior to top-peformance, durable, properly priced foreign products.
betatalk357 3 years ago
The ad for "The People's Republic of Capitalism" should definitely be a wake up call to America:
1) Showing the guy in China saying "Everything is about making money."
2) When the guy said "America has to figure out what they want to do here."
3) Showing the bumper sticker that says "Out of a Job Yet? Keep Buying Foreign Products!"
betatalk357 3 years ago
You think disposable electronics, lead paint and dies and unregulated produce is on the ball? I will pay extra for quality and to keep our countrymen employed and safe. Our products subsided due to cost down. This is directly due to EXPLOITED communist cheap labor. There is nothing wrong with US made products. The problem is the consumer not willing to pay for it. Nothing made in China is built to last. You lose by having to make multiple purchases of the same item. We need to localize.
oldphoque 3 years ago
American quality and keep our countrymen employed and safe? You're joking, right? It don't matter if you buy American or import: America outsourced its jobs so you're buying foreign without freedom of choice. Also, US companies KNOW the consumer not willing to pay for it, so they outsource to save costs. And like China, stuff made in the US isn't built to last. US cars built from the '80s up hit the scrapyard within 10 years.
BTW, did u red my other post to this video?
betatalk357 3 years ago
Point taken. However, the cars that are ending up in the junk yards are the generic, used up leases or shitty 4 bangers. The American cars with any collector value are actually taken care of like any good car made anywhere. If you buy a car to "own" it, you take care of it and the wheels don`t fall off when you are Going down the road. People who lease are kicking themselves now cause their leases are up and most cant qualify for a new or extention. Most US cars have a 10 year, b2b warranty.
oldphoque 3 years ago
you could bring out your hh0 water power technology that the usa govt has been keeping under wraps since the 70s(stan meyer inventor water power car)and lead the world in clean fuel technologies. alas your oil corps run the country and dont want to give up the reigns of power easily.. they will not go quietly!
COUNTCARDULAR 3 years ago
as long as your borrowing $3 billion a day off china for the iraq war your screwed..a false war for oil backfiring spectacularly!
COUNTCARDULAR 3 years ago
Hi. I like your videos. Interesting stuff. I've said Gold for the last year, but my "Mutual Fund" guy knows nothing about buying and selling gold, but he can sell me more "Mutual Funds". It seems I have to do my own homework. Did you ever cover the Feds raiding/confiscating the Liberty Gold offices and taking the Ron Paul Gold coins. Is there a follow up? If I ever buy Gold, will that happen to me? Also, if I had more than one Ron Paul hat I would send it to you. I wear mine all the time.
--Van
van1976 3 years ago
FIRE your mutual fund guy ASAP, these guys have been brain washed.
visionvictory 3 years ago
Boy I know I sound ignorant, but what does "get out of the dollar" mean? I guess anyone who has a mortgage now, who is a regular joe, is going to lose their home won't they?
Thanks for all of the great info, and keep up the great work!
ASPIRE4GRACE 3 years ago
check out his other videos, specifically, Dollar Collapse imminent. It will tell you how to get out of the dollar.
Ronsanidiot 3 years ago
We went to war with Iraq after 1)supplying them with weapons for 8 years during the Iran/Iraq war 2) knowing they didnt have weapons of mass destruction
3)We borrow money, alot from China, who is a supporter of Iran. We do good Public Relations by having the Olympics there.
4) Set up our military in Iraq which is across from Iran. We borrow money and threaten not to pay it back unless they back us up. Elect John Mccain to finish what Bush started =TARGET = IRAN. GET IT???
rodneyirani 3 years ago
To say that America is going to look like Mexico, in the next 1.5 to 2 years, seems like a BOLD prediction.
LiptonGuy 3 years ago
Mexico is a natural resource nation, their problem is government. Our problem is government. Our currency is way over priced, its going to get ugly. Chiclets anyone?
visionvictory 3 years ago
SUVs, Hummers, V8's, even V6's - all are a threat to our way of life, they are not essential to our way of life. Don't buy them. They contribute to the oil price, peak food and global instability and America's crippling foreign debt.
ruckrover8 3 years ago
ronsanidiot sure made a change. lol
sbmillionair 3 years ago
new video should be out in a few minutes. Thanks so much for all the comments and ratings. :)
visionvictory 3 years ago
Just saw your first two videos. I don't know how you knew it, but you were dead on. You definantly can't be ignored. Look forward to hearing your opinions in the coming weeks and months.
Ronsanidiot 3 years ago
"In the next 60 days, you will see gas hit 4 dollars a gallon"
VisionVictory
March 17th 2007, Depresion and economic collapse video.
At the time gas was at 3.26
Great Job Visio Victory! Were ready for another video :)
BobBrinkerisanIdiot 3 years ago
what do you guys think of goldmoney - com
trustworthy?
message me plz, i won't be able to find the needle in the haystack if i come back looking for responses.
rockhardxrocker 3 years ago
check out
watch?v=JAkZ2-9bjfs
firethefed 3 years ago
sbmill.. I was thinking the same thing... word is getting around.. even on fox they where saying the fed was running out of tricks.
firethefed 3 years ago
Going to be interesting tomorrow i think. Happy memorial day to everyone.
sbmillionair 3 years ago
well, hopefully when the collapse does happen, it will only last for a couple of months, cause were all going to die, starvation, homicide, etc.
JUKIO01 3 years ago
Great message, thanks.
AppointedGiftOfGod 3 years ago
how high does crude have to get to and stay at to cause serious economic trouble? How much would this be at the pump?
dx11101 3 years ago
Dx11101- 100-110 a barrel. It would cause 4.25 a gallon to be the floor for Americans. The consumption economy would slowly collapse as people would have to use more money for energy and change spending habits. Remember there is a 6 months lag between the price per barrel and what you're paying at the pump. Less than 6 months ago, oil was below 100 dollars. thx for the comments
visionvictory 3 years ago
I think the leg is 3 months. So in August you will be paying about 25% more than what you are currently paid at the gas station. That will likely put gas price at $5 - $5.30 a gallon. It's rather hard to pin point the point where things will collapse because of high oil price. It's just how much you put in the gas tank that impact your wallet but your food. Over 60% of food production, from growing to harvesting, take petrolium. Fertilizer creats 2.5x of output over w/o fertilizer.
Kelvin701Lakeland 3 years ago
This might be helpful. Expirations for various different foods and products. Though I think most of them can keep longer, just my personal opinion. organizeyourlife org/Expiration htm
supracoop 3 years ago
Went to Costco today. They now have rice again but only limited to one per customer. So I picked up another 10 lbs. to add to my supply. Also buying canned meats such as tuna and chicken. I am cycling them so they don't sit to long. Have any of you looked into soy milk rather then regular milkz? Soy has a great shelf life and I don't really notice much of a difference in taste since I only use it in cereal now. Nuts, seeds, peanut butter are great sources of protein and have long shelf lives.
Hopefl1 3 years ago 2
It's wise to prepare for tough times ahead regardless of your belief in pre-trib, mid-trib or post-trib rapture. Even if a pre-trib rature is correct doctrine, who knows when it will happen. Christians may or may not see very tough times. Because no one really knows, its best to prepare just in case. Our survival is critical to spread the Word.
kidbilly1970 3 years ago
You know it. That's why I don't watch the dissemblers on CNBS.
xenix2012 3 years ago
VV, What do you think about claims that the US is actively encouraging high oil prices because oil is dollar-denominated and so it helps them support the dollar?
ormej0 3 years ago
It's possible ormej0, look how reckless they have been with everything else. It's a lot more negative than positive though, IMO.
visionvictory 3 years ago
That is exactly what happening. This to create demand in USD since oil is mostly traded in USD. The higher the demand for USD, Fed can keep printing and other nations are forced to demand it to exchange for OIL. A new report just out from Merrill Lynch that in about few months, oil producing countries are changing their USD pegged to a basket of currency. This could spark OIL trade to be away from USD. Why shouldn't they? USD should be about 10 to 15% of what it is now at.
Kelvin701Lakeland 3 years ago
Some people team up and get supplies together and bury them out in the desert in a secret pre-planned meeting place. That way even if everything gets looted or destroyed your still prepared long-term.
dx11101 3 years ago
Hey Vison. Have you listened to Steve Quayle on YouTube. He is allways a great person to listen to.
Hopefl1 3 years ago
Yes, I think I'm only on part 5 or 6 out of the 12 videos. Thx for the reminder :)
visionvictory 3 years ago
I just talked at length with a local business owner about foreign and domestic stocks and inquired as to his depression survival strategy...the only thing he didn't adequately explain was his plan to survive the upcoming crash by investing in "options' instead of futures or commodities. Could you explain what 'options' are and whether or not such a strategy has merit?
999manman 3 years ago
An option is like a "Rent to Own." You pay a premium for the right to buy or sell a stock at a certain price by a certain time. Do you research on options, they can be used to give small investors the leverage needed for big profits.
visionvictory 3 years ago
Diesel hit $5.00 per gallon today in Yakima. Unleaded supreme is $4.37. I'm looking into an electrical conversion for my small truck. I've seen some interesting ones on youtube that look fairly inexpensive.
skanicum 3 years ago
Looks like the big melt down is really starting to implode. Strange weather out here in So Cal. I saw the weird clouds come in and I knew something was up the other day.
Hopefl1 3 years ago
i know! its been raining!! weird weather
JUKIO01 3 years ago
Lets face it.. the reson things are so bad is because of things evil men have done.. If evil men can create this mess... then we can fight it and fix it.. Its because of people thinking they have no power over there environment that things where able to get this way... this has to stop.. If it doesnt stop we will be right back here again in 100 years.. I belive in god.. but I also belive in YOU.. PRAYER... and ACTION = CHANGE...
firethefed 3 years ago
I agree that we shouldn't just sit back & do nothing. I do believe that God can use us to make a change, but we need His guidance. "Not by might nor by power, but by my Spirit, says the the Lord" (Zechariah 4:6). To answer your last question, I did pray to become a Mechanical Engineer, then I acted on it and was blessed with that gift...
kidbilly1970 3 years ago
billy.. did you just pray to become a Mechanical engineer?... or did you have to get up and do somthing to become a engineer?
You are a powerful person.. and the things you do can make a powerful impact on everyone and everything... please dont just shut down because you feel you have no power over things. Its up to everyone to do there part and react... god made you in his image.. this gives you power to make changes in the world around you..
firethefed 3 years ago
billy... there are things YOU can do... dont just sit back and do nothing because you think you have no control.. Thats exactly what the Powers that be want all americans to do... sit back and do nothing... stand up and fight for what you believe in... It is time to MAKE CHANGE.. not pray for change.
firethefed 3 years ago 2
The bottom line is that God is in total control. He has a timetable for a sequence of events to take place that will transpire no matter what man does. Remember, God is in control and as long as you have Him, you have nothing to worry about.
kidbilly1970 3 years ago
BeginLifeNow 3 years ago
I dont think the depression will last 10 years, yes its possible but I think 6 months after the dollar crashes, we'll hear the NEW NEW Deal like VV talks about. Maybe 5 years to regroup and get our production base back but that will be fast forwarded by WWIII. I dont know if anyone has ever heard the 'other' stories about Pearl Harbor, but I think the govt knew that attack was coming as well. So if you survive the crash and WWIII, you'll be fine. (I hope)
supracoop 3 years ago
60 minutes did a story showing Americas awarness of the impending attack, also how reports from surveillance planes from Australia were ignored.
skanicum 3 years ago
Stock market crash, dollar collapse, chaos for minimum 3 months, New New Deal comes, Israel attacks Iran or provokes attack, US backs Israel, another attack on US soil, marshall law, China and Russia join in, then Britain, WWIII
supracoop 3 years ago
Dont you just love alliances? lawl
jovanbiljon 3 years ago
Ron Paul is the only one who wants to save the Republic. Dollar will crash without a President who understands the constitution and economics.
watch?v=nWyygiyPbdA
visionvictory 3 years ago
Ron Paul or not, it doesn't matter. The USD will crash anyway. Other countries won't give US a free ride anymore because their own people need to eat and better life. Why subsidize Americans? PEOPLE who are living now has to pay for the mistakes did since 1971. But Ron Paul will come to help in the process of rebuilding and get the new chapter starts correctly. Great suffer will happen before the new brighter days.Next 10 years or so will be rough after the crash before the bright new days.
Kelvin701Lakeland 3 years ago
Most of you have seen this, but its worth watching again. It fires me up every time I see it.
watch?v=Kll9-nR4uVs&feature=related
It's time re-group, re-focus, and restore.
visionvictory 3 years ago
Please take the time to watch
watch?v=wUE0eH9_0VA
Read your constitution, study the founding fathers, and wake up America!
visionvictory 3 years ago
American corporate greed is to blame-close down shop in America and move to China for lower wages. This will destroy us in the long run.
SigalaSigala 3 years ago
Plenty of blame to go around, this has been in the making for decades. 1913 is the year that put America on course for what we are experiencing today. :(
visionvictory 3 years ago
yes, aaron russo's "america-freedom to facism" should be required viewing.
SigalaSigala 3 years ago
The price of steel has gone from $500 per ton seven months ago, to a whopping $1080 per ton as of this week. This is going to be a disaster for companies that need steel to manufacter their products (automobiles!!!). US auto industry is going down, then a domino effect will soon follow.
kidbilly1970 3 years ago
The United States is a Hegemonic State in real time.
visionvictory 3 years ago
I was talking to a seemingly bright twenty-something today when I took the conversation into the realm of future economic collapse and hyper-inflation and why I thought it would soon happen. He just smiled and said" Man, I just watch the Simpsons and play my video games...whatever's going on in Washington I have no clue".
Can I get a witness?
999manman 3 years ago
999manman- Most people I know live inside the matrix as well. Even with gas at 4 bucks and food soaring they still live a life of ignorance. The very ignorance that has become the power of the global elites.
Americans are not ready for what's about to take place.
Thx for the comments
visionvictory 3 years ago
Is anyone watching this crap on Jim Cramer today? He is trying to protect himself on what he has said, that the declines are normal and that we should expect them.
myis300turbo 3 years ago
DOMINO's are starting to FALL!!!
Vallejo, Calif. files for bankruptcy
unreallogic 3 years ago
poor poor Jim Cramer. It was 7 days ago that he told us that the Bull market was back. I guess he didn't clarify, he meant to say the Bull **** market was back.
visionvictory 3 years ago
BA BA BA BA BOOOOOOOOOOOOOOOOOOOOYA
unreallogic 3 years ago
What will happen to health care and health insurance when it all goes to hell and a hand basket? Will it just cease to exist?
blueeggsitter 3 years ago
At first it will cease to exist, but you can count of Socialized medicine in the NEW NEW DEAL.
visionvictory 3 years ago
Woe to the women that are pregnant in those times. The ones that need drugs are going to have to do without for a while. May God be with them.
BobBrinkerisanIdiot 3 years ago
hey blueeggsitter, I'm sure that saints and angels exist in most health care settings, but it will be overwhelming once folks can no longer pay and insurance is non-existent. Insure your own health by becoming more healthy. Understand how your body works. Start now- modifiy your diet so that you are eating a well-balanced and healthy foods that work with your body chemistry. Exercise both mind and body. Get rid of the TV. Stock up on vitamins and minerals, first aid items and birth control.
hunt1803 3 years ago
The funny thing is that mr. Paulson insists that oil price is going up because of demand and supply, but he won't even admit that a devalued dollar increases oil, food and commodity prices.
As for China, yes it's true they don't need the US. They have a BIG trade surplus, BIG liquidity and a BIG Sowereign Wealth Fund. Have you noticed that they are now turning to Africa?
Nassos1983 3 years ago
The guys that make me laugh, are the ones saying oil is a bubble and to buy U.S. financials. ROFL
visionvictory 3 years ago
VisionVictory: interesting article but it somehow collides with your own line.
In this article, it is told that the US are a production economy, not a consuming economy only. You used this argument of "the US is an consumption economy only" in your previous videos to ground your predictions of a massive crash to come in the US.
TheCZMan 3 years ago
Absolutely we produce, it's just not nearly as much as we import from other countries. We not only have a trade deficit, but our economy is 70% consumer dependent.
The main problem of course, is our consumption is based off of others loaning us the money.
Thx for the comments CZman.
visionvictory 3 years ago
When OPEC members agree to quote oil in other currencies, you know the end is near. Either US will bomb OPEC member countries and invade them to gain control of oil so it can be moved back to USD OR the collapse of USD and USA in extreamly short time after, in less than a month and could be as quick as 2 weeks.
Kelvin701Lakeland 3 years ago
Dont take it back. I like this channel because the vid maker has similar data to mine and drew very different conclusions from mine but I think your statement could be the epitome of the existing divergence of interpretations.
You introduce "OPEC members agree to quote oil in other currencies, the end is near" as a casual move while quickly after stating the very possible consequence " Either US will bomb OPEC member countries"
Well, OPEC members know this and wont switch from USD for...
TheCZMan 3 years ago
this very reason. Taking the decision of getting your country bombed is not an easy decision to take up. So it is safer to assume that countries wont do.
A reason why they will have no crash in the US.
The move of going out of the USD as oil currency is more realistic when you think of countries like Russia. If Russia did this, they wont get bombed. And I am pretty sure that here, we have very tight negociations to avoid this move with Russians getting a lot of patting in the back...
TheCZMan 3 years ago
... to not do this. In the backstage, you dont know what kind of advantages Russia is bargaining in exchange of not going out of the petro-dollar. This is real, not the OPEC members going out of it with the known threat of being bombed.
---------------------------------------------
In previous comments:
... to assume that these countries...
A reason why there will have no crash...
TheCZMan 3 years ago
You forget Iran Oil Bourse. It's trading in Euros, Russian, Iran currency. OPEC and Russia soon will switch after seeing their USD purchasing power keep going down. As for bombs, they may be afraid to get bombed but Russia and China will get involve if it is to happen. Therefore the bomb threat won't work. Also people don't favor wars right now. Russia wants to open its oil bourse in Russian currency only. It will happen soon. USD is DONE
Kelvin701Lakeland 3 years ago
Well, no. I dont forget Iran. On the contrary, Iran is a good example of what could happen to countries which think of switching from USD.
Weakness in this line of argumentation is to consider that getting bombed is oh, well, nothing more than a mosquito sting.
Russia will not switch from USD because in the backstage, they are getting more by simply waving the threat of doing it.
As they cant be bombed, the US is forced to give in exchange.
TheCZMan 3 years ago
Iran could cause some major problems by just taking oil off the market for a few weeks.
visionvictory 3 years ago
Iran, Venezuela, Kuwait, and the United Emirates are already doing it. Iraq under Hussein did it as well; but you know the story.
visionvictory 3 years ago
one more point to make, WHEN US dollar -> economic collapse, other nations will suffer some but will recover quickly, especially if they can produce food. Energy will be cheaper as a whole. US consumes 25% of oil produced. When US collapse, big chunck of the oil will flood the market which will bring oil price down. This will make it easier for those countries to recover. But in the US, oil price is going to be out of reach for most as OPEC won't want USD for oil anymore.
Kelvin701Lakeland 3 years ago
Another reason they will recover is because most live in real communitys. They also grow food and have livestock.
BobBrinkerisanIdiot 3 years ago
7 millions (out of 107 millions) people died in USA during the great depression. That was about 6.5%. However, I feel that this time around it will be more like 30 to 40%. Why? 1) People are now living in big city and over populate 2) they don't know how to grow food/raise animals nor have land to do so 3) our economic is so far away from basic economic like in the old day 4) we import lots of food from aboard 5) we have lots of elders who depend on medication. Be prepare.
Kelvin701Lakeland 3 years ago
watch?v=wUE0eH9_0VA
bdc03 3 years ago
I'm going, anyone else?
supracoop 3 years ago
great Video!!
BobBrinkerisanIdiot 3 years ago
Viva RON PAUL
A true conservative
unreallogic 3 years ago
Today, Eric Bowling (hope I got his name right) on Fox news said
that oil will break to $110 and when that happens the Dow will
jump one thousand points!!!
I hope someone on Fox will replay that when the reverse happens.
Look forward to the next video.
PrepNow 3 years ago
If you haven't already done so VisionVic, check out Ron Ianieri from Options Univ., interview, posted by endlessmountain. Great interview - seems spot on. And, thank you for all your great videos - can't wait for the next one!
blueeggsitter 3 years ago
sry I meant, what a load of crap: On the comment, "US will become Mexico in a year or so".
sting24001 3 years ago
Mexico is a natural resouce nation just like the U.S.
It's Mexicos government that has made things so bad, the U.S. is going down the same road.
Were already like Mexico, we just bennefit from having the world reserve currency, this allows us credit. Once the credit is gone, the credit mask Americans wear will be taken off.
BobBrinkerisanIdiot 3 years ago
"we just bennefit from having the world reserve currency" Yahaan! one of the many benefits. Others being the most technologically advance in almost every field. and having supreme military power to save our interests.
and now we sell ideas in form of software business, we have gown out of making toys (which actually shifted to china). Only CA can take on 50 Mexico's alone.
sting24001 3 years ago
Not one of many, but the source.
BobBrinkerisanIdiot 3 years ago
What a load of crap.
sting24001 3 years ago
they are desperate to have a green day, before this three day weekend
sbmillionair 3 years ago
Housing breaks records and the banks are up 3%. The dog and pony show is back in full swing, hot dogs, get your hot dogs.
BobBrinkerisanIdiot 3 years ago
Bobb Classic Hot dogs get your hot dogs.
bdc03 3 years ago
Whats really funny is how all the headlines. "Stocks rally as oil falls"CNBC
Let me get this straight, Oil is at 132, 100% higher than May2007, and oil is falling. 132 = the death of the American way of life, this is crazy. The dow should be below 10,000.
BobBrinkerisanIdiot 3 years ago
bdc how many ration stamps do they cost.(sarcasm)
mrfunnyman99 3 years ago
99% of the US doesnt know how much power China has over us in economic value. The US makes and spends its money on war. This time around, we lose, especially with the economy.
However, If the powers that be want us to win an econimic battle we will. It will just cost the US its constitution.
Hello the amero and FEMA camps with marshall law after gass is $11 a gallon.
Wake up America!
sabercool 3 years ago
I always rate 5 starts :) One question, why would china dump dollars what is in it for them to do that, also what is your outlook on layoffs and job cuts, you can loose some money in the market if it crashes, but if you loose your job and can't get another one, things will turn bad really fast dont you think?
sheiki22 3 years ago
Americans are the Eloi and the Chinese are the Morlocks
dx11101 3 years ago
Hello again. When I put up the economic video on the 17th oil was at $126 and change for a barrel. We are now close to $136 in less then a week. This is getting real scary don't ya think? If you haven't got into Gold and Silver I would still recommend it as a solid investment.
Hopefl1 3 years ago
Gold and Silver will soon explode.
BobBrinkerisanIdiot 3 years ago
Great video as always.
I'd have to say this whole problem is due to another factor that is being overlooked by even bloggers like yourself. The exporting of the energy intensive American life style is a major reason why energy will never be cheap again.
For an American to fill up an SUV on 99 cent gasoline his/her counterpart in China must have a bike as primary transportation.
texan176 3 years ago
I do agree that many Americans with their fat egos have been living high on the hog for many years. I can honestly say that I haven't been as things don't impress me more then a person who is sincere and honest.
Hopefl1 3 years ago 2
Did you guys hear that there was a new clip from Osama Bin Ladin. Who is even listening to this crap anymore. A guy on a camel in a cave masterminded 9-11. Give me a break. Bhutto said he was dead on the BBC and they covered that up months ago when she said it.
Hopefl1 3 years ago 2
Binforgotten allegedly died of kindey failure years ago according to foreign sources. As for Bhutto, I shed no tears for her. She was a criminal as well; she'd sell her people out for a pair of fancy shoes.
texan176 3 years ago
visionvictory
very good clips. I been watching for a while. Keep up the good work!
eamonk07 3 years ago
Check this out guys, Im not sure what to make of this, but it's pretty interesting to say the least.
watch?v=jy7urlWLP84&feature=related
morethan20 3 years ago
Robert Hirsch, Management Information Services Senior Energy Advisor, gave a dire warning about the potential future of gas prices on CNBC's May 20 "Squawk Box". He told host Becky Quick there was no single thing that would solve the problem, due to the enormity of the problem.
He's predicting 12-15 dollar gas.
BobBrinkerisanIdiot 3 years ago
where do u put your 401k?
OpenMind00 3 years ago
If you can, get your 401K into sector funds or international stocks. If you're stuck in dollars, you need to consider your options on getting it out. Just my opinion of course, consult Euro Pacific Capital for more information on 401K's. I was able to roll mine into an roth ira, my wife was able to get her 403B into Fidelity Sector funds. We put them in mining and energy. I wouldn't depend on retirement accounts though, look at them as bonus accounts.
visionvictory 3 years ago
Hey Bro.
Would you agree that stagflation is in the beginning thrones?
rlmccullough 3 years ago
Stagflation would mean we still have some type of growth. Without credit expansion, it's impossible for a bunch of broke people to have stagflation. Were going to see hyper-inflation.
BobBrinkerisanIdiot 3 years ago
rimcullough- No, I would not agree on that at all.
visionvictory 3 years ago
Ronsanidiot seems to be pushing buttons to get a reaction. I suppose it is good in a way, the more you get people angry, the more they will stick to their guns (literaly). Cut the crap and just prepare. Ron, you have to admit that VV makes a lot of sense and he ain't selling anything. By the way, all my melons, tomatoes, corn, beans, lettuce, onions, squash, carrots, raspberries, strawberries, and cantelope are all sprouting, my bee hives are doing great and my fruit trees are looking great.
skanicum 3 years ago 2
Many people are saying September 2008 everything is going to go haywire. So I think you're right about that. Do you think that is when riots will break out?
markymarkuss777 3 years ago
I don't think civil unrest will come until the stock market crashes and hyper-inflation goes into full swing. With gas up 12% in the last 30 days, we certainly have entered into hyper-inflation, but it's like a train, were just getting some momentum. We already have a lot of unemployment, foreclosures, and inflation. So the stage is set, now I don't know if the breaking point is 5 bucks a gallon or 6 bucks a gallon. No doubt, with Americans maxed out on credit it could happen this year.
visionvictory 3 years ago
I guess my question is, what do you see happening in September of this year? Everyone is predicting the whole economy will collapse by then. What are your thoughts?
markymarkuss777 3 years ago
I think things might crash in October. I think after this summer (September) people will start to realize that there was no "Summer Rally". At that point things might go downhill. But then again what do I know.
gmoney415 3 years ago
LEAP/E2020 states: "The end of the third quarter of 2008 will be marked by a new tipping point in the unfolding of the global systemic crisis. At that time, the cumulated impact of the various sequences of the crisis will reach its maximum strength & affect decisively the very heart of the systems concerned, of which the U.S. is epicentre of the current crisis. In the U.S., this new tipping point will translate into a collapse of the real economy."
kidbilly1970 3 years ago
That's amazing, I was just searching the web to see if anyone had answers, and I came to this LEAP/E2020 site 3 times when I looked. I really think it will be around September 2008 when this whole thing implodes. We're not even out of May yet, and you can already feel the tension. Something is about to give way. I give us, until the start of 2009 MAX before we see this Depression come into full swing and riots starting. It's gonna be so ugly. I'm thinkin about moving to Africa. lol.
markymarkuss777 3 years ago
Markmarkuss777- global systemic crisis ;) were on the same page brother.
visionvictory 3 years ago
The global systemic crisis is in fact the beginning of an economic decoupling between the US and the rest of the world (Asia/Europe). Neither Asia nor Europe will suffer the most negative impact of the ongoing crisis; but the United States will, as well as all the countries/economies strongly linked to the U.S/
kidbilly1970 3 years ago