hey guys when i look at this i say that the economy isn't likely to hit the country in that sever away, yes people will be worse off in the US but when you think about it more likely when something hits the country in a way that takes us into systemic collapse is more likely to be an epidemic. so in short buy guns ammo, penicillin(drugs in general) and learn a trade that will help when the shit hits the fan
It bothers me to keep hearing folks say they just want to "protect" their "family". We need to start thinking to protect "each other", strangers, and citizens, not just our family. We're all gonna need each other, eventually.
i just feel like, our military is so obscenely large, like so much more than anyone else, that we can literally do whatever we want. we can just print money and be bullies. i think thats what our country does. its really messed up. but what im saying is, the US will not collapse as long as we have the largest military budget on earth by ALOT. ALOT
thats university ave by a university. they are developing that area and they have cleaned up a bit. i think george picks a bad area and says its in free fall. that area was bad even when the economy was good. so thats a bit of a exaggeration there.
Yes and don't believe this crap that the so called financial "experts" keep throwing at us either. Supposedly things are getting better. WRONG! The govt is printing money trying to reflate the economy. It's obvious now we won't be able to repay this debt. Consumers are bankrupt, broke, credit cards maxed out, and the turds are soon to hit the fan. Peer into the future about 9-12 months.....not good.
Yes some of you do know what is going on. This was all predicted in a book called: "The great reckoning" written in 1992. Real estate is going to get FAR WORSE. You notice not even the richie riches are buying up these distressed properties as some have been on the market for 2 years! No one knows where the bottom is for real estate so therefore I am not going to buy a house for $200,000 and then a year from now can't even sell it for $80,000 because NO ONE will buy it.
Thats the point, no one knows where the BOTTOM is, govt is printing WAYYY too much money to keep this giant SCAM afloat...does it make any sense to people who saw home prices rise 150% to want to keep these homes inflated at 60%? Im just throwing numbers out but this is what is happening...and people arent going to buy new cars when they see people getting fired and wages cut left and right! These businesses need to be allowed to DIE so we can readjust the markets, but that wont happen now*
Watch oil! The capitalist pig speculators are at it again folks. These pigs will stop at nothing. If these gas prices start going back up watch out! Oh yes we are just starting into a depression. These fools who are telling you that things are improving are outright LYING to you. INFLATION is coming, the dollar will collapse, you better check all specs, take cover, then run for the hills!
Don't show printed articles. Apparently YouTube doesn't like this. Alex Jones Channels was suspended for this reason. Which Im sure was just an excuse.
There seems to be many "economists" on here, giving their populist viewpoints and dismissing anything to the contrary as `government propaganda`. The fact is that people are not buying things, and trillions of dollars has left the American economy. The fed is not printing as much as what has left the economy, that is a fact.
Any writing as old as the bible or the kuran can be called a farce if you actually demand proof. That is why religion is based on faith rather than proven fact.
Request: Mention the time your video was created. Yeah...I spent two months stocking up. I'm cool now. Nice videos. It's May 1st 2009. Don't let the flu distract everyone from the coming depression. Hiring people...the business owner ends up their slave...unemployment costs, benefits, sick time, all that shit. Get used to self employment. The new goals....get the house paid for...rent the upstairs, never take debt on the place, farm your backyard Dollar = zero in 5 years. Buy FOOD Now
While I agree with huge amounts of what you say, that premise is not good. The examples of smart guys getting burned when they assume this are numerous.
Simply put, when massive downward prices hit, people need liquidity, so EVERYTHING goes on sale.
The key is to keep buying the assets you believe in, regardless of the price drop.
If you bought good assets, such as gold coins, it will always be worth something. They will never be giving it away for free.
I grant you, that you are entitled to your opinion. However, have you asked yourself. What happens to the price of goods once the abundant overstock is sold out, and the "Green Laws" are passed. Raising energy, food,and all other durable goods and services far more expensive.
This is reflation time Bernanke and co make no bones about the fact that they are anti deflationists go read his past papers, therefore these guys WANT inflation, the problem with printing money is that it is an 'inexact science' it is like trying to blow a whole in a dam..you just dont know how big a hole you will get
what type of hole do you think the fed will produce 1)just right 2)too little or 3) way too much
You are right that they would prefer majority of Americans died by 60 or had numerous ailments by then_ a)instead of curing diseases (even minor ones like acid reflex) they keep folks on meds for the rest of their life (I cured an ex btw of his acid reflex with natural method).
b) fluroide is fine for teeth but not in drinking water- go to fluorideinfo . org numerous EPA scientists others frm Harvard have expl. how dangerous it is: it is industrial by product being put in our drinking H2O
you say buy gold but where the heck do you buy gold and how would you know it is 100% purity? also, where do you store this stuff? how would you convert that into money, i like the idea of converting 50% of my cash into gold but am new to the whole concept.
Consider Investing in Gold AND Silver in three ways. First, you need to have a bit of physical gold in your possession. A simple Google search will give you dozens of retailers. Gold stores your wealth, but Silver is a better bartering medium, so buy accordingly. Second, look into the Perth Mint. You can buy large quantities of gold and they store it for you. Lastly, look at Central Fund of Canada and Central Gold Trust. AVOID GLD and SLV ETF funds.
It already did eight weeks ago, it went down to 6,400! And obama cannot save all the homeowners who have ARM'S Loans. Theres going to be a second wave of forcloser homes this year! It might bring the DOW down to 4,500 to 5,500.
It already did eight weeks ago, it went down to 6,400! And obama cannot save all the homeowners who have ARM'S Loans. Theres going to be a second wave of forcloser homes this year! It might bring the DOW down to 4,500 to 5,500.
As we speak the DOW or more importantly the S&P are extremely overvalued. The Dividend Yield is only 2.7 while the PE is an insane 57 or 58. Since time began those two measurements MUST be equal before we have hit a bear bottom. We are at the stage where the tsunami has pulled back into the ocean and all seems calm prior to the shore impact. People are so desparate to recover their losses or get in on the next wave that they can not see the big picture. As an investment mgr my advice: SELL NOW!
The economy contracted by 1.9 per cent in the first three months of the year, at the fastest rate since 1979, when Margaret Thatcher came to power, as the country sank further into recession, official figures showed this morning."
This news broke out on the day when the FTSE rose 3.4%. The lunatics are running the asylum. I predict an even greater fall in the FTSE soon when the rose tinted glasses are removed.
Hyperinflation will soon hit the US and make the dollar worthless. Guys like visionvictory and Ron Paul are the only ones warning Americans but I suggest you also signup for the free newsletter at: Inflation . us
"We are very, very concerned," WHO spokesman Thomas Abraham said. "We have what appears to be a novel virus and it has spread from human to human." If international spread is confirmed, that meets WHO's criteria for raising the pandemic alert level, he added.
WHO and CDC are evil money, slave driving machines.
Two people I know if in just the last week have lost their jobs. One is giving up looking for a new job because no one will hire her for anywhere close to her old salary, and given childcare costs (which haven't budged) it doesn't pay for her to work.
Her plan is simply to draw unemployment. Question, with so many new people drawing unemployment, have those numbers even been taken into account by government budget stats?
Wow, that was pretty ignorant. Newflash, the entire population can't work in the food industry.
Besides, I was making a point that BECAUSE of unemployment benefits there is not much incentive to get those types of low-paying jobs. Your black-and-white solution does not fit into the real world bgrim.
WASHINGTON (MarketWatch) -- General Motors Corp has received $2 billion in fresh working capital from the Obama administration, Treasury Department officials said Friday.
Check out his Sept 28th video entitled "Economic System is collapsing, And Here-We-Go" at :30 he says that the American economy WILL collapse in hours, weeks, or possibly a few months.........well here we are 7 months later.....nice call.....please think for yourselves and don't be swayed by doom and gloomer's.....fortunes are made in times like these.....you can take his advice and start planting seeds in your backyard or you can take advantage of this golden opportunity...
The same books read by all the experts who dove into these rocks headfirst?
And lets be optimistic and not call this a recession.... doesn't everyone feel better now? Good.
And commodities were in decline because along with recession..... oops.... you meant something else I'm sure..... not recession... anyway deflation is the problem.
Yeah this sounds like the economics 101 the government is following.
I was specifically addressing how he spoke of commodities in Q4.
the bolstering of the money supply through bailouts can do one of two things, depending on how that money is used and if it's fed back through the market right (considering general inflation to be invariable over time):
1. money supply reaches equilibrium
2. stagflation (very bad - inflation + markets decline
Again, I highly recommend people to study this matter on their own and not get info from unproven sources
you really think our dollar will deflate... are you that nuts? how the hell is the gov't gonna pay for the bailouts then? we definately can't borrow to pay them. you can't tax the people enough. let me help you with this one...
the fed will be forced to PRINT MONEY to pay off the debts. what does that mean? INFLATION, dumbass. not deflation. go buy some different books than you're reading off of now.
the government pays for bailouts through loans via the fed reserve who control the supply of money in an effort to effective regulate the level of inflation.
Because of housing markets and a bad move on the FED's part to push for loans, our market's floor was taken out from under it.
Also, printing money does NOT equal an inflated dollar IF you are already experiencing deflation from a recession. However, if handled wrong it can produce STAGFLATION
there are trillions of dollars since the first bush bailout that are being payed via loans from the fed (i.e. printed money). when you print money, as germany post WW-I, argentina, and zimbabwe all have you get hyperinflation.
we're printing dollars to the tune of trillions. there is no doubt INFLATION is coming. if we could borrow from another country, we would have the ability to avoid inflation. however we're extended too far and no one will loan to us.
the same problem is being faced by japan in the early 90's up to now. they printed massive amounts of their currency, which INFLATED their monies. at this point their $100 bills became $1 bills almost immediately, in terms of economic timelines. that's inflation.
we're no different except we dont have savings and production like japan. so i believe it will be worse.
and yeah we could hit stagflation. the whole dollar is done no matter how you look at it. but our dollar isnt deflating.
WRONG! we have already been through a period of stagflation we are now at the begining of a severe depression and deflation but as I said Bernake and co are anti deflationists and will print money like there is no tommorow it is obvious that priting money equals inflation go listen to
Mark Faber, peter schiff, Robert Blumen, max keiser....I think they know a little bit about this buisness, they are a few amongst many others who know whats going on
absoulutely correct BUT first we will have deflation Bernanke and co are known anti- deflationists so it is obvious that they are going to flip over and print money like hell and raise interest rates they are not going to allow deflation Bernakes been writing about this for years the fed wont make the transcripts available this is common knowledge
Yikes. The US Military will not fight against the Constitution to oppress US citizens, & the UN with mercenaries would be uterly decimated on our soil. They couldnt even take or hold a liberal state like Cali
If you knew anyone that's joined the Military, you would know they're 10 times more patriotic than anyone else. They are 100% loyal to our country & to our citizens.
Rest easy. The dollar may fail, but this is not the end of the world
I know many people in the military, and they are clueless to truth. Patriotism does not mean freedom. The US military goes against the constitution frequently. If you do not understand who and what your loyalty belongs to, you will not understand the true fight. Evil is often masked by smiley glad hands.
The US dollar will collapse and Americans who don't prepare now will soon be broke. It is very important for you to read the articles and signup for the free newsletter at: Inflation . us
I live in southwestern CT, about 40 miles from NYC. This place is like a ghost town. Businesses are closing overnight. Just gone. Houses are for sale and still cost millions, but no one is buying. Banks are foreclosing and people are left with nothing. The middle class is dead and dying. As far as I'm concerned it's all but a done deal. Best to be prepared for the worst.
Baby Boomers Retiring, Social Security obligations, and they'll need to sell their Homes and other Assets to retire, who will Buy this new glut of Houses?
The Dollar, too much Debt, and Inflation eating it alive.
Dow theory, which is never wrong says that at a bear market bottom the S&P dividend yield will equal the PE ratio. Currently the dividend yield is 2.8 while the PE is a WHOPPING 57! We are in a cyclical bull market within a secular bear market. Until the above noted dividend yield is equal or close the the S&P PE we have not hit the bottom of the bear. Calculations say that at a PE of 10 the S&P will have to hit 150. Hang on to your hats the ride goping forward will be rough.
I think ther will be rally up in dolar. Banks does not lending this means deflation . Gov will fail to inflate economy for longer time I am sure of it.
The 40-somethings are overqualified for everything. Every job is getting 100 resumes. These two factors point to two realistic solutions. Start your own business in the vices or move to a farm owned free-and-clear.
My personal opinion is that non-precious metals, copper, lead, brass, etc will probably get dragged DOWN since manufacturing demand bottoms out as the economy declines.
It may be a GREAT long term hold if and when the manufacturing demand returns, but precious metals will go up because of the debasement of the currency, even if industrial demands go down.
(my 2 cents - PS, I did not down vote your post, someone else did that)
Easy to start feeling comfortable when you only hear the good stuff.
Everyday I look at the house next to mine... deserted, empty, grass is going to be foot high soon. A beautiful couple and their 3 girls. They didn't say goodbye. Wished I would have known sooner, not that I could pay their bills but maybe help somehow.
whats the latest on the Alt-a loans and option ARMs that were supposed to be starting to reset at higher interest rates around the start of the second quarter and peaking in late 2010? there was a wave of defaults that has been forecast to be 1.7 times worse than subprime defaults. Is still predicted to be a problem or is it being dealt with now?whats the latest?
Hey umm, if you haven't heard from Lindsay Williams about the fact that there is a lot more oil (it's not peak) available, you can check him out on youtube.
George4title is spamming all over youtube under the name jckjti49.
He is asking you to sign up for the news letter at his website... BEWARE.
VISION, Teaming up with this guy really didn't help your credibility. I say this because I have been with you since the beginning, you I know you REALLY DO care about helping people, and getting them to prepare. We have our different opinions of the end game, but you do care.
Here is a silver buying tip. Granted you have to hunt but you can find it. Go to the grocery store(s) and buy their half dollars. 1964 and older are 90% silver and 1965 to 1969 are 40%. They are there and they only cost 50 cents!!!!
With that said, let us understand that despite the fact of Iran needing nuclear power cause their oil is running out, it is now possible for them to take this same material and manufacture weapons grade cake. Nuclear power for Iran is a double edge sword. This dear reader is where the problem is.
You spent 1 year in the oil patch and had access to the big boys. You must have been Lindsey Williams church knob polisher, cause he had access to the elite as well. He suffered from low self esteem and irrelevance too. I'll take the word of the 75 yrs of foreign oil develop vs your 1 yr. And please note I never said we hit peak. Just that those guys are removing every last drop as they go. Oust
Well one year with Nabors drilling as a safety pusher and one year with Pumco a production end firm. Yes I spoke with many guys with 30+ years with EOG (enron) Tracker (Haliburton) Whiting, Hess, and XTO energy.
I grew up in oil country as well, so I had the opportunity to meet many big oil execs through family and friends... Your full of BS
My neighbors are old men of foreign oil development. 75 years of over seas work between them. They told me that Iran and Suadi have been in primary and secondary recovery since day 1, and have been injecting from the edges of their fields to push the oil to the center from the start. When they run out, THEY WIll BE OUT. They have been rolling the tooth paste tube from the end to the mouth since the beginning. Iran probably needs nuke power for energy. Cause their oil cash cow is going bye bye.
Wow, thats a BS story if I have ever heard one...You clearly have no clue what your talking about. Injecting? Do you mean Fracing the well? This practice has been used with gas and sand for decades.
The middle east has reserves upon reserves...this is a fact.
Talk to any Aramco or Exxon executive or consultant and they will tell you the exact opposite of what your "neighbors" told you.
April 21 (Bloomberg) -- Fannie Mae and Freddie Mac mortgage delinquencies among the most creditworthy homeowners rose 50 percent in a month as borrowers said drops in income or too much debt caused them to fall behind...the number of so-called prime borrowers at least 60 days behind on mortgages owned or guaranteed by the companies rose to 743,686 in January, from 497,131 in December." 50% in ONE MONTH?!! PRIME mortgages?! I'm hyperventilating a little. Anyone else wants to join me in my bunker?
Check out his Sept 28th video entitled "Economic System is collapsing, And Here-We-Go" at :30 he says that the American economy WILL collapse in hours, weeks, or possibly a few months.........well here we are 7 months later.....nice call.....please think for yourselves and don't be swayed by doom and gloomer's.....fortunes are made in times like these.....you can take his advice and start planting seeds in your backyard or you can take advantage of this golden opportunity...
The real crisis hasn't started yet because at least right now our dollars still have value. Soon hyperinflation will be here and everybody will be broke. Read the articles and signup for the free newsletter at: Inflation . us
You betcha. This was obviously not about personal failure. A man feeling guilty about a company would not kill himself without first exposing some major fraud. Plus, a man with a guilty conscience about a company would not kill himself b/c his conscience would not let him leave his family emotional trauma & no life insurance. This dude was whacked, pure & simple. Anyone remember the Enron suicides prior to Enron going down? The man at the park with a gunshot wound but no blood? Hmm.
Just to put things in to perspective: Let me tell you how it will be There's one for you, nineteen for me 'Cause I'm the taxman, yeah, I'm the taxman Should five per cent appear too small Be thankful I don't take it all 'Cause I'm the taxman, yeah I'm the taxman If you drive a car, I'll tax the street, If you try to sit, I'll tax your seat. If you get too cold I'll tax the heat, If you take a walk, I'll tax your feet.
I prefer Silver. Cheaper, in demand for industrial use, never been confiscated by the U.S. Gov't to shore up the Federal Reserve ... as Gold was in the 1930s.
Peak Oil is Bulls%*t. There are vast oil reserves that are have not been tapped. For anyone to assume that in the case of oil reserves that the govt and oil industry is telling you the truth is laughable.
Gold and silver will go down before they go up. Everyone should focus on gathering the supplies and knowledge of feeding themselves and security.
I believed in peak oil until the government agreed with me. then I knew it was bull. I have done pretty well acting on the exact opposite of what media and government says. I watched Cramer on TV tonight hold a rally at a college saying how the market is coming back and it all smells great. We are screwed.
I dont know what to think Re:peak oil, Chris Martenson talks about "high grading" oil; other resources, shows we've used the easiest to get, highest quality resources. Check out Martenson's crash course if you haven't already
I understand what they R doing to the currency/economy. I've stocked up as a inflation hedge, but dont understand why ppl seem to think u wont be able to buy food-US farms will still farm right?
To me, nothings changed ex currency & taxes. What's your take on it?
My job has perks & advantages, particularly in a crisis+ quiting a job & starting a business is a thorny proposition when you just lost 30-45% of your savings, no1 is extending credit, & consumer demand is down
I'm a free marketer2, but the fascist death machine stuff is way over the top. I think bad economic times are coming, & the economic order will be shaken - good if you're on the bottom & looking 2 improve. Violence isn't the answer. If I dont like walmart I'll just shop elsewhere
Regarding energy of all kinds, people need to understand that cheap energy will not be allowed by the money trust. Oil must be refined thus making it impossible for the average person to produce it. If you come out with a motor that separates H2 from O then burning it as a fuel you will be dead. You can't create free energy the Rockefeller's will not allow it.
As for the food, the same assholes control that too! Today there are farm bills that might even make having a garden illegal.
This morning before The Economic Club of Washington, Treasury Sec. Geithner:
"...we have proposed that the IMF make a $250 billion general allocation of SDRs that will be distributed to all member nations including the U.S. in proportion to their IMF quotas."
So the US will be getting SDR's. What a surprise. A new currency is being snuck in people! The US$ as the sole reserve currency is on the way out; SDR's (basket of currencies) is in. But I digress...American Idol is on...hope Adam wins....
Yes people do pass on what you can to family and friends but DO not put dates on events and crashes because you will be discredited fast and no one will believe anything u say n e more when they fail. (Reinhardt for examp) Even my Dad believes our Govnm would never allow a collapse or martial law, and he say's he has a well for water. "Boy is he mistaken this time".....
As that constraint (total cash flow available to pay interest and principal) binds tighter and tighter the crooners who claim that we can simply continue to take on more and more debt become more desperate as their "solution" begins to not only fail to work but tightens the death spiral. Once the zero point is crossed deflation sets in and there is nothing you can do about it as further attempts to pump credit tighten the spiral further, forcing MORE deflation!
The district attorney in Contra Costa county is going broke and will stop prosecuting many crimes starting in May. Sheriifs dept going broke and will fire about 30 officers. How many other counties are going under like this?
The sad thing about everything that is going on is that the market is a Ponzi Scheme and illusion of wealth. But if the majority of people continue to play then it never dies. You just have to take the right Pill I guess. I mean if everyone believes the market is fine then it will be fine. But it just takes one big guy like China to call BS and game over. I could be wrong about all this but I am not an expert nor claim to be. Just seeking truth.
Get out of the dollar. Do not deposit your cash into a bank. Get silver, gold, land, food, guns or whatever you can get that holds value. Even if you don't believe the dollar is done, at least play it safe and get some metals.
I like what Pastor Lidnsey Williams said of the oil prices and he was right. He claims the NWO want to bankrupt the oil rich Arab nations so they may stock pile the oil commodity. When the NWO has enough in their inventory, they will raise the price up again. This is also making the sheeple question this inflation talk and NOT preparing because they see deflation right now.
Believe what you want, but many sheeple much more educated than you have come to the realization that "hyperinflation" is a fantasy.
When I was working in the oil fields last year I talked to many petroleum engineers and consultants who were skeptical about the future price of oil. I don't think it took an "elite" member to warn Mr. Williams of an oil collapse. Just because Mr. Williams went around running his mouth gives him cred?
The John Hancock tower tallest building In Boston. 2006, Broadway Partners acquired Hancock Place for $1.3 billion. By 2009, they had defaulted on the loans they used to buy the building, and it fell into FORECLOSURE. On March 30, 2009, Hancock Place was sold at AUCTION for $660 million to a consortium of Normandy Real Estate Partners and Five Mile Capital Partners. The companies had been slowly increasing their investment over the previous months.
I agree 911. Peak oil is another politically motivated hoax. I spent a year out of school working in the oil fields in ND and had the opportunity to talk to many consultants.
If you believe in peak oil, you will believe anything.
Are you sure you know? Watch this administration try to tie peak oil with a gas tax, insisting that we lower our consumption for environmental reasons. Cap and Trade leading the way.
Yea looking at this facts logically there is only a finite amount of oil. HOWEVER, peak oil crisis can be and most likely is spun much the same way global warming is for example.
keep em coming, usa is a good indicator of what wqill happen here in the uk. 2010 will be our year of the downward spiral.. i had to giggle at your title
I am in Michigan. We are in a depression here. There is a GM division nearby called "GM PowerTrain Division". I have two friends that have both worked there for about 20 years each. They are cutting off 20% of the people in that division this week. People cant sell their homes. They are either walking away from it or playing the foreclusure game. EVERYBODY has a story here.
If I invest in gold I will be fine? I live in Europe and want to buy gold as an investment but I heared that the IMF can control the gold buy selling theirs makin gold drop?
so what do I have to do? buy gold now and risc the gold drop? of buy gold and let it grow? or buy gold after the gold drop so I can buy it for less money?
I'm from Cyprus and I'm wondering why don't you buy Euros? Do you fear about the Euro too? The UK pound has weakened but is unrelated to Euros.. You can buy back US real estate with strong Euros when the dollar is devalued..
How about, gold under 600, oil under 30 and US $ at parity with the euro this time next year? Seems more likely to me than an immanent collapse in the $
How could inflation be brought to bear when there is a quadrillion $ derivative market that needs to settle? Not disagreeing with you here. I just want to see both arguments.
The overwhelming majority of the over 600 Trillion in derivatives is all off balance sheet. Off balance sheet activity dwarfs on balance sheet activity.
Astro4rocreep, you have a very interesting perspective and a lot of opinions. Why don't you make some videos, as VV is doing so more people can hear your arguments? You say VV advice is not helpful. Why don't you put yours out there to counter his? I think many people like to hear both sides to an argument and would be interested in hearing more of the "deflation" argument.
Astro, I agree with alot of what you say. I totally agree with the statement that this is not ordinary econ we are seeing. I see the arguement for both sides of the coin- yours and VVs/Schiff..others. I just think that absolutes get anyone in trouble. Everyone should buy about 20% metal just in case for now and see what number the dice shows up. That is all we can do. One terrorist attack could change everything...too many variables you know?
This is what will cause hyperinflation, the inability to repay debt. Two choices:
1. default
2. inflate
Inflate is clearly the route chosen. The Fed will raise rates to protect its treasury holding??? What? The federal debt is so massive that increasing the interest rate will result in the government having to borrow more, the Fed monetizing the treasuries issued to fund the debt, the dollar begins collapsing, everyone will realize this and buh bye dollar. Oh wait, this has already started!
[ It will get worse before it gets worse ]
you know that make no sense.
akinkhoo 6 months ago
hey guys when i look at this i say that the economy isn't likely to hit the country in that sever away, yes people will be worse off in the US but when you think about it more likely when something hits the country in a way that takes us into systemic collapse is more likely to be an epidemic. so in short buy guns ammo, penicillin(drugs in general) and learn a trade that will help when the shit hits the fan
deathtiki 7 months ago
This guy is a nutcase.
SongBirdJesusFreak 1 year ago
It bothers me to keep hearing folks say they just want to "protect" their "family". We need to start thinking to protect "each other", strangers, and citizens, not just our family. We're all gonna need each other, eventually.
2242bzo 1 year ago
For many times are tough right now. If you need to make some cash now here's how you can do it every time...
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BrittPhillips 2 years ago
i just feel like, our military is so obscenely large, like so much more than anyone else, that we can literally do whatever we want. we can just print money and be bullies. i think thats what our country does. its really messed up. but what im saying is, the US will not collapse as long as we have the largest military budget on earth by ALOT. ALOT
trank31337 2 years ago
thats university ave by a university. they are developing that area and they have cleaned up a bit. i think george picks a bad area and says its in free fall. that area was bad even when the economy was good. so thats a bit of a exaggeration there.
swamimans 2 years ago
I live in CT and can verify what VV states about new England to be 100% True.
buzzz1213 2 years ago
Yes and don't believe this crap that the so called financial "experts" keep throwing at us either. Supposedly things are getting better. WRONG! The govt is printing money trying to reflate the economy. It's obvious now we won't be able to repay this debt. Consumers are bankrupt, broke, credit cards maxed out, and the turds are soon to hit the fan. Peer into the future about 9-12 months.....not good.
lauecom 2 years ago
Yes some of you do know what is going on. This was all predicted in a book called: "The great reckoning" written in 1992. Real estate is going to get FAR WORSE. You notice not even the richie riches are buying up these distressed properties as some have been on the market for 2 years! No one knows where the bottom is for real estate so therefore I am not going to buy a house for $200,000 and then a year from now can't even sell it for $80,000 because NO ONE will buy it.
lauecom 2 years ago
Thats the point, no one knows where the BOTTOM is, govt is printing WAYYY too much money to keep this giant SCAM afloat...does it make any sense to people who saw home prices rise 150% to want to keep these homes inflated at 60%? Im just throwing numbers out but this is what is happening...and people arent going to buy new cars when they see people getting fired and wages cut left and right! These businesses need to be allowed to DIE so we can readjust the markets, but that wont happen now*
mookixox 2 years ago
Watch oil! The capitalist pig speculators are at it again folks. These pigs will stop at nothing. If these gas prices start going back up watch out! Oh yes we are just starting into a depression. These fools who are telling you that things are improving are outright LYING to you. INFLATION is coming, the dollar will collapse, you better check all specs, take cover, then run for the hills!
lauecom 2 years ago
Peak Oil is not real?? try visiting peakoildotcom
Cherokee15676 2 years ago
I'll exchange it for pohnahne
dsgsu 2 years ago
lol NYCE
trank31337 2 years ago
Don't show printed articles. Apparently YouTube doesn't like this. Alex Jones Channels was suspended for this reason. Which Im sure was just an excuse.
gdernie 2 years ago
There seems to be many "economists" on here, giving their populist viewpoints and dismissing anything to the contrary as `government propaganda`. The fact is that people are not buying things, and trillions of dollars has left the American economy. The fed is not printing as much as what has left the economy, that is a fact.
thefayed 2 years ago
fear is evil.If this was to pass you get a metal detector and go to arizona.Or go to bali,go,go now.The roving gangs will kill you in cities.
Logic is not reality.AND The bible is a HUGE farce.
creten69 2 years ago
Any writing as old as the bible or the kuran can be called a farce if you actually demand proof. That is why religion is based on faith rather than proven fact.
steeleye65 2 years ago
Request: Mention the time your video was created. Yeah...I spent two months stocking up. I'm cool now. Nice videos. It's May 1st 2009. Don't let the flu distract everyone from the coming depression. Hiring people...the business owner ends up their slave...unemployment costs, benefits, sick time, all that shit. Get used to self employment. The new goals....get the house paid for...rent the upstairs, never take debt on the place, farm your backyard Dollar = zero in 5 years. Buy FOOD Now
GreatLakesBuffalo 2 years ago 2
"It's just not going to happen..."
While I agree with huge amounts of what you say, that premise is not good. The examples of smart guys getting burned when they assume this are numerous.
Simply put, when massive downward prices hit, people need liquidity, so EVERYTHING goes on sale.
The key is to keep buying the assets you believe in, regardless of the price drop.
If you bought good assets, such as gold coins, it will always be worth something. They will never be giving it away for free.
1970porsche9146 2 years ago
I grant you, that you are entitled to your opinion. However, have you asked yourself. What happens to the price of goods once the abundant overstock is sold out, and the "Green Laws" are passed. Raising energy, food,and all other durable goods and services far more expensive.
13Bull13 2 years ago 3
This is reflation time Bernanke and co make no bones about the fact that they are anti deflationists go read his past papers, therefore these guys WANT inflation, the problem with printing money is that it is an 'inexact science' it is like trying to blow a whole in a dam..you just dont know how big a hole you will get
what type of hole do you think the fed will produce 1)just right 2)too little or 3) way too much
Yep you guessed it a black hole
Derivatives Market = 1.5 quadrillion
prepare2008 2 years ago 3
You are so right and I am very happy more and more Americans are openning their closed eyes .
Some my dearest friends are Americans , but I had a hard time explaining them the phony lifestyle they live in a few years ago.
Now they listen.
And buying physical silver as I do !!!
Godspeed America , I love you ( not the governments and banksters though LOL )
ragnartrading 2 years ago
I don't agree with the peak oil idea but youre on the money with most everything else.
Artificial scarcity is the main premise upon which the moneychangers perpetuate their illusion.
Probesoul 2 years ago 2
Thank you, peak oil is not real.
moniequa 2 years ago 2
You are right that they would prefer majority of Americans died by 60 or had numerous ailments by then_ a)instead of curing diseases (even minor ones like acid reflex) they keep folks on meds for the rest of their life (I cured an ex btw of his acid reflex with natural method).
b) fluroide is fine for teeth but not in drinking water- go to fluorideinfo . org numerous EPA scientists others frm Harvard have expl. how dangerous it is: it is industrial by product being put in our drinking H2O
BunnyBambiBambi 2 years ago
you say buy gold but where the heck do you buy gold and how would you know it is 100% purity? also, where do you store this stuff? how would you convert that into money, i like the idea of converting 50% of my cash into gold but am new to the whole concept.
ARGH28 2 years ago
Consider Investing in Gold AND Silver in three ways. First, you need to have a bit of physical gold in your possession. A simple Google search will give you dozens of retailers. Gold stores your wealth, but Silver is a better bartering medium, so buy accordingly. Second, look into the Perth Mint. You can buy large quantities of gold and they store it for you. Lastly, look at Central Fund of Canada and Central Gold Trust. AVOID GLD and SLV ETF funds.
bunksbunks 2 years ago
This is just a quirk of mine, but it's not Chris Matterson. It's CHRIS MARTENSON. Good video! Keep it up!
veritasfiles 2 years ago
This has been flagged as spam show
It already did eight weeks ago, it went down to 6,400! And obama cannot save all the homeowners who have ARM'S Loans. Theres going to be a second wave of forcloser homes this year! It might bring the DOW down to 4,500 to 5,500.
vsaldanas 2 years ago
Mark this down! Dow will never again drop below 7,000.
GanjaZombi2 2 years ago
It already did eight weeks ago, it went down to 6,400! And obama cannot save all the homeowners who have ARM'S Loans. Theres going to be a second wave of forcloser homes this year! It might bring the DOW down to 4,500 to 5,500.
vsaldanas 2 years ago
Comment removed
GanjaZombi2 2 years ago
Good point but as of late dismal economic data begets huge rallies. If such foreclosures do mainfest then be assured the Dow will blaze past 14,000.
Rules to consider for Dow;
Great economic data-700+ point gain
Good economic data- 300 point gain.
Bad economic data-400 point gain.
Appalling economic data- 700+ point gain.
GanjaZombi2 2 years ago
As we speak the DOW or more importantly the S&P are extremely overvalued. The Dividend Yield is only 2.7 while the PE is an insane 57 or 58. Since time began those two measurements MUST be equal before we have hit a bear bottom. We are at the stage where the tsunami has pulled back into the ocean and all seems calm prior to the shore impact. People are so desparate to recover their losses or get in on the next wave that they can not see the big picture. As an investment mgr my advice: SELL NOW!
taineasy 2 years ago
So you are telling me Jim Cramer is a
cretinous moron and corporate cheerleader? NO WAY!
GanjaZombi2 2 years ago
GanjaZombi2: Yes WAY!
robertcgage 2 years ago 2
Extract from the Times UK
"UK economy shrinks at fastest rate for 30 years
The economy contracted by 1.9 per cent in the first three months of the year, at the fastest rate since 1979, when Margaret Thatcher came to power, as the country sank further into recession, official figures showed this morning."
This news broke out on the day when the FTSE rose 3.4%. The lunatics are running the asylum. I predict an even greater fall in the FTSE soon when the rose tinted glasses are removed.
hotcloud 2 years ago
Hyperinflation will soon hit the US and make the dollar worthless. Guys like visionvictory and Ron Paul are the only ones warning Americans but I suggest you also signup for the free newsletter at: Inflation . us
jckjti49 2 years ago
Vision can you block jckjti49 from spamming your comment board?
BendoverBernanke 2 years ago 2
You mean George4title...
Astrocreep69 2 years ago
Regarding swine flu
"We are very, very concerned," WHO spokesman Thomas Abraham said. "We have what appears to be a novel virus and it has spread from human to human." If international spread is confirmed, that meets WHO's criteria for raising the pandemic alert level, he added.
WHO and CDC are evil money, slave driving machines.
BendoverBernanke 2 years ago
Two people I know if in just the last week have lost their jobs. One is giving up looking for a new job because no one will hire her for anywhere close to her old salary, and given childcare costs (which haven't budged) it doesn't pay for her to work.
Her plan is simply to draw unemployment. Question, with so many new people drawing unemployment, have those numbers even been taken into account by government budget stats?
Trazom24 2 years ago
"One is giving up looking for a new job because no one will hire her for anywhere close to her old salary" -Trazom24
One word for her: McDonalds!
I can't believe how spoiled Americans have become.
"Oh (boo hoo)..Me can't find Job that pays a lot of Money...Me don't wanna workk for $10 an hour or anything near minimum wage..."
Fast FOOD joints are going to rule.
Actually, the entire Food-vending market will see a huge Market rally as the Economy gets worse.
Starts sellin' em' hot-dogs.
bgrim2008 2 years ago 2
Wow, that was pretty ignorant. Newflash, the entire population can't work in the food industry.
Besides, I was making a point that BECAUSE of unemployment benefits there is not much incentive to get those types of low-paying jobs. Your black-and-white solution does not fit into the real world bgrim.
Trazom24 2 years ago
GM gets $2 bln in new capital from Treasury
WASHINGTON (MarketWatch) -- General Motors Corp has received $2 billion in fresh working capital from the Obama administration, Treasury Department officials said Friday.
"working capital" Come on!
coultrane 2 years ago
Check out his Sept 28th video entitled "Economic System is collapsing, And Here-We-Go" at :30 he says that the American economy WILL collapse in hours, weeks, or possibly a few months.........well here we are 7 months later.....nice call.....please think for yourselves and don't be swayed by doom and gloomer's.....fortunes are made in times like these.....you can take his advice and start planting seeds in your backyard or you can take advantage of this golden opportunity...
zgreg427 2 years ago 2
the game is over greg. there will be no "recovery"
stay out of the US market. you will see no gains there.
tmac9938 2 years ago
Bank of America is one EVIL, Anti-Christ Corporation! my goodness...
this rotton demon bank should burn in hell.
mitchee009 2 years ago
This comment has received too many negative votes show
firstly, i don't advocate anything the government is doing, but your explanation is horrible and invariably incorrect.
Second, there have not been enough quarters of negative growth in the GDP to indicate a recession.
Thirdly, most prices in commodities WERE in decline because along with a recession comes DEFLATION of the dollar.
This is economics 101. Get a book.
Last, For those who want some legitimate advice? Do your own research.
jjohnson3tc 2 years ago
Get a book?
Economics 101?
The same books read by all the experts who dove into these rocks headfirst?
And lets be optimistic and not call this a recession.... doesn't everyone feel better now? Good.
And commodities were in decline because along with recession..... oops.... you meant something else I'm sure..... not recession... anyway deflation is the problem.
Yeah this sounds like the economics 101 the government is following.
idahoMW 2 years ago
you misunderstand.
I was specifically addressing how he spoke of commodities in Q4.
the bolstering of the money supply through bailouts can do one of two things, depending on how that money is used and if it's fed back through the market right (considering general inflation to be invariable over time):
1. money supply reaches equilibrium
2. stagflation (very bad - inflation + markets decline
Again, I highly recommend people to study this matter on their own and not get info from unproven sources
jjohnson3tc 2 years ago
He is right that deflation is the name of the game and ya'll need to do your OWN research!
Astrocreep69 2 years ago
you really think our dollar will deflate... are you that nuts? how the hell is the gov't gonna pay for the bailouts then? we definately can't borrow to pay them. you can't tax the people enough. let me help you with this one...
the fed will be forced to PRINT MONEY to pay off the debts. what does that mean? INFLATION, dumbass. not deflation. go buy some different books than you're reading off of now.
and stop watching the news. jesus.
tmac9938 2 years ago
the government pays for bailouts through loans via the fed reserve who control the supply of money in an effort to effective regulate the level of inflation.
Because of housing markets and a bad move on the FED's part to push for loans, our market's floor was taken out from under it.
Also, printing money does NOT equal an inflated dollar IF you are already experiencing deflation from a recession. However, if handled wrong it can produce STAGFLATION
jjohnson3tc 2 years ago
there are trillions of dollars since the first bush bailout that are being payed via loans from the fed (i.e. printed money). when you print money, as germany post WW-I, argentina, and zimbabwe all have you get hyperinflation.
we're printing dollars to the tune of trillions. there is no doubt INFLATION is coming. if we could borrow from another country, we would have the ability to avoid inflation. however we're extended too far and no one will loan to us.
virtually the same prob was...
tmac9938 2 years ago
the same problem is being faced by japan in the early 90's up to now. they printed massive amounts of their currency, which INFLATED their monies. at this point their $100 bills became $1 bills almost immediately, in terms of economic timelines. that's inflation.
we're no different except we dont have savings and production like japan. so i believe it will be worse.
and yeah we could hit stagflation. the whole dollar is done no matter how you look at it. but our dollar isnt deflating.
tmac9938 2 years ago
WRONG! we have already been through a period of stagflation we are now at the begining of a severe depression and deflation but as I said Bernake and co are anti deflationists and will print money like there is no tommorow it is obvious that priting money equals inflation go listen to
Mark Faber, peter schiff, Robert Blumen, max keiser....I think they know a little bit about this buisness, they are a few amongst many others who know whats going on
prepare2008 2 years ago
absoulutely correct BUT first we will have deflation Bernanke and co are known anti- deflationists so it is obvious that they are going to flip over and print money like hell and raise interest rates they are not going to allow deflation Bernakes been writing about this for years the fed wont make the transcripts available this is common knowledge
prepare2008 2 years ago
A revolution is the only answer.
The bankers have the military ready for such an event as well.
Fight or go to a FEMA camp.
havoctrend 2 years ago
Yikes. The US Military will not fight against the Constitution to oppress US citizens, & the UN with mercenaries would be uterly decimated on our soil. They couldnt even take or hold a liberal state like Cali
If you knew anyone that's joined the Military, you would know they're 10 times more patriotic than anyone else. They are 100% loyal to our country & to our citizens.
Rest easy. The dollar may fail, but this is not the end of the world
mredstriumph 2 years ago
I know many people in the military, and they are clueless to truth. Patriotism does not mean freedom. The US military goes against the constitution frequently. If you do not understand who and what your loyalty belongs to, you will not understand the true fight. Evil is often masked by smiley glad hands.
BendoverBernanke 2 years ago
There will be another false flage before a revolution even gets of the ground!
I sujest you get the hell out, as I did.
Sorry, I can't tell you where I am..
But, Im not in the U.S.
emanxavier 2 years ago
The US dollar will collapse and Americans who don't prepare now will soon be broke. It is very important for you to read the articles and signup for the free newsletter at: Inflation . us
jckjti49 2 years ago
Hey George4Title, you can stop spamming your BS website anytime now...
Astrocreep69 2 years ago 2
I live in southwestern CT, about 40 miles from NYC. This place is like a ghost town. Businesses are closing overnight. Just gone. Houses are for sale and still cost millions, but no one is buying. Banks are foreclosing and people are left with nothing. The middle class is dead and dying. As far as I'm concerned it's all but a done deal. Best to be prepared for the worst.
franinct 2 years ago
Trouble for America:
War and Debt
Peak Oil Discovery has come and gone
Baby Boomers Retiring, Social Security obligations, and they'll need to sell their Homes and other Assets to retire, who will Buy this new glut of Houses?
The Dollar, too much Debt, and Inflation eating it alive.
SATANSbankers 2 years ago
How about buying survival books.. "Canning & Preserving for Dummies" <-- tragic and funny... tranny.
sliqer 2 years ago
There's one called "Dare to Prepare" by Holly Deyo that you might want to look into. It really looks good.
mredstriumph 2 years ago
Dow theory, which is never wrong says that at a bear market bottom the S&P dividend yield will equal the PE ratio. Currently the dividend yield is 2.8 while the PE is a WHOPPING 57! We are in a cyclical bull market within a secular bear market. Until the above noted dividend yield is equal or close the the S&P PE we have not hit the bottom of the bear. Calculations say that at a PE of 10 the S&P will have to hit 150. Hang on to your hats the ride goping forward will be rough.
taineasy 2 years ago
Gold and Silver had a nice rebound today
kenandjasha 2 years ago
I think ther will be rally up in dolar. Banks does not lending this means deflation . Gov will fail to inflate economy for longer time I am sure of it.
dziadeksmierc 2 years ago
The 40-somethings are overqualified for everything. Every job is getting 100 resumes. These two factors point to two realistic solutions. Start your own business in the vices or move to a farm owned free-and-clear.
pshinspections 2 years ago
get some of the other precious metal(lead- w/brass)
tonapah141 2 years ago
I do not think lead/brass is where you should be. Its all about a safety play imho. Gold and silver. Copper could also get hot.
kenandjasha 2 years ago
My personal opinion is that non-precious metals, copper, lead, brass, etc will probably get dragged DOWN since manufacturing demand bottoms out as the economy declines.
It may be a GREAT long term hold if and when the manufacturing demand returns, but precious metals will go up because of the debasement of the currency, even if industrial demands go down.
(my 2 cents - PS, I did not down vote your post, someone else did that)
mredstriumph 2 years ago
Bank Stress Tests - 16 out of 19 largest banks insolvent
watch?v=p9jtLnwQR6E
sliqer 2 years ago
Well done, and nice angle.
Easy to start feeling comfortable when you only hear the good stuff.
Everyday I look at the house next to mine... deserted, empty, grass is going to be foot high soon. A beautiful couple and their 3 girls. They didn't say goodbye. Wished I would have known sooner, not that I could pay their bills but maybe help somehow.
Prepare.
ChrmdLabradorite 2 years ago
whats the latest on the Alt-a loans and option ARMs that were supposed to be starting to reset at higher interest rates around the start of the second quarter and peaking in late 2010? there was a wave of defaults that has been forecast to be 1.7 times worse than subprime defaults. Is still predicted to be a problem or is it being dealt with now?whats the latest?
mlndstream 2 years ago
you tube 'The Second Wave of Monetary System Failure - Option ARMs and Alt-A loans'
mlndstream 2 years ago
That's REPORT.
GanjaZombi2 2 years ago
Bad jobs repert today, expect Dow to rally 5-700 points.
GanjaZombi2 2 years ago
Didn't happen...
pshinspections 2 years ago
I pray that you are wrong although I know that there is a high chance you are not..
When you read your economic reports..
However.. forever an optimist..
NZlaughs4u 2 years ago
Thanks for the video man.
Hey umm, if you haven't heard from Lindsay Williams about the fact that there is a lot more oil (it's not peak) available, you can check him out on youtube.
Thanks for advising us for our futures.
starlitopensky1 2 years ago
Hello ALL:
George4title is spamming all over youtube under the name jckjti49.
He is asking you to sign up for the news letter at his website... BEWARE.
VISION, Teaming up with this guy really didn't help your credibility. I say this because I have been with you since the beginning, you I know you REALLY DO care about helping people, and getting them to prepare. We have our different opinions of the end game, but you do care.
GEORGE4TITLE is a Charlatan, plain and simple.
Astrocreep69 2 years ago 11
he certainly is a charlatan, going to jckjti49's profile proves that under his comments. WTF G4T
dozerking 2 years ago 4
Here is a silver buying tip. Granted you have to hunt but you can find it. Go to the grocery store(s) and buy their half dollars. 1964 and older are 90% silver and 1965 to 1969 are 40%. They are there and they only cost 50 cents!!!!
It is a fun hunt. Enjoy!
smhutson 2 years ago
The grocery store has half dollars? I haven't seen a half dollar in my change since the 80s. Where do you live, wow.
thespamcleaner 2 years ago
This comment has received too many negative votes show
Um. Uh. Um. Uh. This guy says Um and Uh a lot. Um.
Buy bullets and gold now, y'all! End times, end times!
jhanst1 2 years ago
Bow down to the Jew World Order.
gnarlyest 2 years ago
Thanks for the video
Travinyle1 2 years ago
With that said, let us understand that despite the fact of Iran needing nuclear power cause their oil is running out, it is now possible for them to take this same material and manufacture weapons grade cake. Nuclear power for Iran is a double edge sword. This dear reader is where the problem is.
scienceofgod 2 years ago
They are NOT running out of oil. This is nonsense. The PRICE is what they cannot control... OPEC has rendered themselves irrelevant.
Astrocreep69 2 years ago
You spent 1 year in the oil patch and had access to the big boys. You must have been Lindsey Williams church knob polisher, cause he had access to the elite as well. He suffered from low self esteem and irrelevance too. I'll take the word of the 75 yrs of foreign oil develop vs your 1 yr. And please note I never said we hit peak. Just that those guys are removing every last drop as they go. Oust
scienceofgod 2 years ago
Well one year with Nabors drilling as a safety pusher and one year with Pumco a production end firm. Yes I spoke with many guys with 30+ years with EOG (enron) Tracker (Haliburton) Whiting, Hess, and XTO energy.
I grew up in oil country as well, so I had the opportunity to meet many big oil execs through family and friends... Your full of BS
Astrocreep69 2 years ago
Seems like everyone is full of BS these days according to you. Maybe, maybe not. But at least their not easily threaten and insecure.
scienceofgod 2 years ago
Comment removed
scienceofgod 2 years ago
My neighbors are old men of foreign oil development. 75 years of over seas work between them. They told me that Iran and Suadi have been in primary and secondary recovery since day 1, and have been injecting from the edges of their fields to push the oil to the center from the start. When they run out, THEY WIll BE OUT. They have been rolling the tooth paste tube from the end to the mouth since the beginning. Iran probably needs nuke power for energy. Cause their oil cash cow is going bye bye.
scienceofgod 2 years ago
Wow, thats a BS story if I have ever heard one...You clearly have no clue what your talking about. Injecting? Do you mean Fracing the well? This practice has been used with gas and sand for decades.
The middle east has reserves upon reserves...this is a fact.
Talk to any Aramco or Exxon executive or consultant and they will tell you the exact opposite of what your "neighbors" told you.
I spent a year in the oil patch and met several.
Astrocreep69 2 years ago
Where do you live and what is your address? hehe.
obamachrist 2 years ago
April 21 (Bloomberg) -- Fannie Mae and Freddie Mac mortgage delinquencies among the most creditworthy homeowners rose 50 percent in a month as borrowers said drops in income or too much debt caused them to fall behind...the number of so-called prime borrowers at least 60 days behind on mortgages owned or guaranteed by the companies rose to 743,686 in January, from 497,131 in December." 50% in ONE MONTH?!! PRIME mortgages?! I'm hyperventilating a little. Anyone else wants to join me in my bunker?
livefree1789 2 years ago
Check out his Sept 28th video entitled "Economic System is collapsing, And Here-We-Go" at :30 he says that the American economy WILL collapse in hours, weeks, or possibly a few months.........well here we are 7 months later.....nice call.....please think for yourselves and don't be swayed by doom and gloomer's.....fortunes are made in times like these.....you can take his advice and start planting seeds in your backyard or you can take advantage of this golden opportunity...
zgreg427 2 years ago
Terrifying! What if I already don't have any assets and nowhere to go or live? What should I do then?
ChaosmanOne 2 years ago 2
This has been flagged as spam show
Anyone who gave $ money to: "george4title" got Scammed
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★ ★ ★ ★ ★
tonapah141 2 years ago 2
Wow - the week end starts early over there in USA- good idea :0)
felixdov 2 years ago
The real crisis hasn't started yet because at least right now our dollars still have value. Soon hyperinflation will be here and everybody will be broke. Read the articles and signup for the free newsletter at: Inflation . us
jckjti49 2 years ago
This must be george4titles sock account...
A true Charlatan.
Your going to be waiting decades for "hyperinflation" to return...
Astrocreep69 2 years ago 7
The government murdered David Kellermann last night..
BendoverBernanke 2 years ago
So I am not the only one who believes this as fact
tdatreefrog 2 years ago
You betcha. This was obviously not about personal failure. A man feeling guilty about a company would not kill himself without first exposing some major fraud. Plus, a man with a guilty conscience about a company would not kill himself b/c his conscience would not let him leave his family emotional trauma & no life insurance. This dude was whacked, pure & simple. Anyone remember the Enron suicides prior to Enron going down? The man at the park with a gunshot wound but no blood? Hmm.
livefree1789 2 years ago
Thanks for the Heads Up!
partyboy392 2 years ago
coultrane 2 years ago 2
Don't ask me what I want it for
If you don't want to pay some more
'Cause I'm the taxman, yeah, I'm the taxman
Now my advice for those who die
Declare the pennies on your eyes
'Cause I'm the taxman, yeah, I'm the taxman
And you're working for no one but me.
coultrane 2 years ago 2
Okay so they're building condos and skyscrapers... who's going to inhabit those buildings?
andrewh817 2 years ago
To be honest I don't see a depression happening.
Now, I'm 18 years old, And i'm joining the Army... Do you guys think that I should just stock up on GOLD AND SILVER while i'm in service?
I just want my mother to be alright in terms of wealth. Do you actually think that Gold is the way to go?
IIIJHUSSLEIII 2 years ago
IIIJHUSSLEIII -
I prefer Silver. Cheaper, in demand for industrial use, never been confiscated by the U.S. Gov't to shore up the Federal Reserve ... as Gold was in the 1930s.
MzProgressive 2 years ago
Thanks..
IIIJHUSSLEIII 2 years ago
Stock up on small booklets of the Constitution, your going to need them.
BendoverBernanke 2 years ago
I have one already but I'm afraid it might only be regarded as toilet paper.
Eyebeemz 2 years ago
Age discrimination in hiring - fer real!
See this NYTimes blog response
roomfordebate dot
blogs dot nytimes dot
com/ 2009/04/ 13/ older-workers-readers-views/ #comment-61137
MzProgressive 2 years ago
Peak Oil is Bulls%*t. There are vast oil reserves that are have not been tapped. For anyone to assume that in the case of oil reserves that the govt and oil industry is telling you the truth is laughable.
Gold and silver will go down before they go up. Everyone should focus on gathering the supplies and knowledge of feeding themselves and security.
smhutson 2 years ago 4
I believed in peak oil until the government agreed with me. then I knew it was bull. I have done pretty well acting on the exact opposite of what media and government says. I watched Cramer on TV tonight hold a rally at a college saying how the market is coming back and it all smells great. We are screwed.
BendoverBernanke 2 years ago
But.. Cramer is always right. Isn't he?
JRCrowley 2 years ago
I dont know what to think Re:peak oil, Chris Martenson talks about "high grading" oil; other resources, shows we've used the easiest to get, highest quality resources. Check out Martenson's crash course if you haven't already
I understand what they R doing to the currency/economy. I've stocked up as a inflation hedge, but dont understand why ppl seem to think u wont be able to buy food-US farms will still farm right?
To me, nothings changed ex currency & taxes. What's your take on it?
mredstriumph 2 years ago
Fuck buying gold, fuck buying silver, fuck buying anything else. How about instead:
1. Quit your shitty day job and start a business for yourself.
2. Drive all of the evil companies who support this fascist death regime out of business.
There are solutions to every human problem and they always come from the free market and never from the state.
icfnord 2 years ago
My job has perks & advantages, particularly in a crisis+ quiting a job & starting a business is a thorny proposition when you just lost 30-45% of your savings, no1 is extending credit, & consumer demand is down
I'm a free marketer2, but the fascist death machine stuff is way over the top. I think bad economic times are coming, & the economic order will be shaken - good if you're on the bottom & looking 2 improve. Violence isn't the answer. If I dont like walmart I'll just shop elsewhere
mredstriumph 2 years ago
Regarding energy of all kinds, people need to understand that cheap energy will not be allowed by the money trust. Oil must be refined thus making it impossible for the average person to produce it. If you come out with a motor that separates H2 from O then burning it as a fuel you will be dead. You can't create free energy the Rockefeller's will not allow it.
As for the food, the same assholes control that too! Today there are farm bills that might even make having a garden illegal.
smhutson 2 years ago 2
This morning before The Economic Club of Washington, Treasury Sec. Geithner:
"...we have proposed that the IMF make a $250 billion general allocation of SDRs that will be distributed to all member nations including the U.S. in proportion to their IMF quotas."
So the US will be getting SDR's. What a surprise. A new currency is being snuck in people! The US$ as the sole reserve currency is on the way out; SDR's (basket of currencies) is in. But I digress...American Idol is on...hope Adam wins....
livefree1789 2 years ago
livefree, you make me smile mon. :) peace
mitchee009 2 years ago
5 STARS for the title (LOL) and your first sentences. After that, though, thumbs DOWN for subjects:
- ammunition (no future for violence),
- age (is not a factor, just an excuse),
- window of opportunity (I will skip that video).
miguelsotoseudonimo 2 years ago
Age IS a factor miguel!
See yesterday's New York Times article, where several anonymous HR people admit they are openly "discriminating" against people in their 40s or older!
I see it as simply "economics" - younger workers can be hired at roughly half the cost of those with family responsibilities and mortgages.
MzProgressive 2 years ago 2
I live in CT and it's true. The collapse hasn't made a full impact like it has for th erest of the country.
TenderTrap86 2 years ago
Yes people do pass on what you can to family and friends but DO not put dates on events and crashes because you will be discredited fast and no one will believe anything u say n e more when they fail. (Reinhardt for examp) Even my Dad believes our Govnm would never allow a collapse or martial law, and he say's he has a well for water. "Boy is he mistaken this time".....
distingquished11 2 years ago
From Denninger's blog today:
As that constraint (total cash flow available to pay interest and principal) binds tighter and tighter the crooners who claim that we can simply continue to take on more and more debt become more desperate as their "solution" begins to not only fail to work but tightens the death spiral. Once the zero point is crossed deflation sets in and there is nothing you can do about it as further attempts to pump credit tighten the spiral further, forcing MORE deflation!
Astrocreep69 2 years ago
The district attorney in Contra Costa county is going broke and will stop prosecuting many crimes starting in May. Sheriifs dept going broke and will fire about 30 officers. How many other counties are going under like this?
veslaw 2 years ago
The sad thing about everything that is going on is that the market is a Ponzi Scheme and illusion of wealth. But if the majority of people continue to play then it never dies. You just have to take the right Pill I guess. I mean if everyone believes the market is fine then it will be fine. But it just takes one big guy like China to call BS and game over. I could be wrong about all this but I am not an expert nor claim to be. Just seeking truth.
genovesecl 2 years ago
Get out of the dollar. Do not deposit your cash into a bank. Get silver, gold, land, food, guns or whatever you can get that holds value. Even if you don't believe the dollar is done, at least play it safe and get some metals.
clearasvodka 2 years ago
So the CFO of Freddie Mac has committed suicide.
No signs of foul play. Other than the trail of AK 47 shell casings, empty MRE's, gold dust, and tea bags leading away from the scene.
coultrane 2 years ago
Daniel, FYI: To read that particular article if FT, one has to have a paid subscription, not just be registered. At least, that's what I ran into.
Michigansnowpony 2 years ago
I like what Pastor Lidnsey Williams said of the oil prices and he was right. He claims the NWO want to bankrupt the oil rich Arab nations so they may stock pile the oil commodity. When the NWO has enough in their inventory, they will raise the price up again. This is also making the sheeple question this inflation talk and NOT preparing because they see deflation right now.
residentzombie 2 years ago
Believe what you want, but many sheeple much more educated than you have come to the realization that "hyperinflation" is a fantasy.
When I was working in the oil fields last year I talked to many petroleum engineers and consultants who were skeptical about the future price of oil. I don't think it took an "elite" member to warn Mr. Williams of an oil collapse. Just because Mr. Williams went around running his mouth gives him cred?
The writing was on the wall.
Astrocreep69 2 years ago
The John Hancock tower tallest building In Boston. 2006, Broadway Partners acquired Hancock Place for $1.3 billion. By 2009, they had defaulted on the loans they used to buy the building, and it fell into FORECLOSURE. On March 30, 2009, Hancock Place was sold at AUCTION for $660 million to a consortium of Normandy Real Estate Partners and Five Mile Capital Partners. The companies had been slowly increasing their investment over the previous months.
jonnysport89 2 years ago
If inflation is going to rear its ugly head, why get out of the stock market? Larry Edelson thinks the Dow Jones will hit 44,000 within 6 years.
ndell7 2 years ago
Well currently inflation is at -0.38%...
Your going to be waiting a long while for "hyperinflation" to rear its ugly head.
Astrocreep69 2 years ago
Invest in food, family and friends because when this mess finally hits the fan those are the ONLY things that will save you.
InkedXyz 2 years ago
Oh brother, vision victory has fallen for the "peak oil" scam. Next he'll be warning us of man-made global warming.
There is enough oil in the USA to satisfy our country needs for the 300 years. The banksters use oil to control the world & especially the USA.
Testimony of Jonathan May(IMF) presented by Lindsey Williams
watch?v=NqyCLHF2qmU
911truthncDotOrg 2 years ago 3
I actually read for 2000 years for available oil. It is that the US does not want to use their own oil reserve.
khamdoun 2 years ago
I believe it when I see an actual discovery, not some rumor on coast to coast AM.
thx bud :)
visionvictory 2 years ago
I agree 911. Peak oil is another politically motivated hoax. I spent a year out of school working in the oil fields in ND and had the opportunity to talk to many consultants.
If you believe in peak oil, you will believe anything.
Astrocreep69 2 years ago 2
Are you sure you know what the peak-oil theory is about?
EternitP8 2 years ago
Are you sure you know? Watch this administration try to tie peak oil with a gas tax, insisting that we lower our consumption for environmental reasons. Cap and Trade leading the way.
Astrocreep69 2 years ago 4
Yea looking at this facts logically there is only a finite amount of oil. HOWEVER, peak oil crisis can be and most likely is spun much the same way global warming is for example.
kenandjasha 2 years ago
keep em coming, usa is a good indicator of what wqill happen here in the uk. 2010 will be our year of the downward spiral.. i had to giggle at your title
COUNTCARDULAR 2 years ago
I am in Michigan. We are in a depression here. There is a GM division nearby called "GM PowerTrain Division". I have two friends that have both worked there for about 20 years each. They are cutting off 20% of the people in that division this week. People cant sell their homes. They are either walking away from it or playing the foreclusure game. EVERYBODY has a story here.
WHEREtheFUNK 2 years ago 3
I really troubles me that this is happening to so many good people. Protect yourself.
genovesecl 2 years ago
If I invest in gold I will be fine? I live in Europe and want to buy gold as an investment but I heared that the IMF can control the gold buy selling theirs makin gold drop?
so what do I have to do? buy gold now and risc the gold drop? of buy gold and let it grow? or buy gold after the gold drop so I can buy it for less money?
colloredbrothers 2 years ago
Buy a certain amount every month or so, that way you average in.
donharlan1 2 years ago
" The Job hunt gets old " - that for sure. ... Its pretty much a futile waste of time. One is forced to find other ways to get by.
Tigerpoi51 2 years ago
I am making a big list of things that I want to buy from US so that I can buy them at discount when devaluation starts...
sliqer 2 years ago
I'm from Cyprus and I'm wondering why don't you buy Euros? Do you fear about the Euro too? The UK pound has weakened but is unrelated to Euros.. You can buy back US real estate with strong Euros when the dollar is devalued..
sliqer 2 years ago
When you really understand Peak Oil, you believe it. It's like gravity. You either accept it or try to ignore it.
The only thing up to a debate is the timing.
slipcurve 2 years ago 2
you keep talking of doom and gloom... it's been a long, long time since you called it way back. zzz...
kotalian2 2 years ago
links are broken
KhmerD0g 2 years ago
How about, gold under 600, oil under 30 and US $ at parity with the euro this time next year? Seems more likely to me than an immanent collapse in the $
keith6660 2 years ago
Vision,
How could inflation be brought to bear when there is a quadrillion $ derivative market that needs to settle? Not disagreeing with you here. I just want to see both arguments.
nepenthean 2 years ago 2
The overwhelming majority of the over 600 Trillion in derivatives is all off balance sheet. Off balance sheet activity dwarfs on balance sheet activity.
Interesting isnt it...
Astrocreep69 2 years ago
Astro4rocreep, you have a very interesting perspective and a lot of opinions. Why don't you make some videos, as VV is doing so more people can hear your arguments? You say VV advice is not helpful. Why don't you put yours out there to counter his? I think many people like to hear both sides to an argument and would be interested in hearing more of the "deflation" argument.
LisaJ4Liberty 2 years ago 2
Don't get me wrong, Vision offers great advise. He has encouraged many to prepare for a "collapse" and have goods and food on hand.
However, this is not elementary economics we are dealing with here. Inflation would be too easy and convenient. Deflation will be the Death Blow.
If by some chance inflation ever arose to a significant level, the Fed will not hesitate to crush it with higher interest rates
All you gold bugs better have some dollars....
Mr1fed, I wish it were that easy...
Astrocreep69 2 years ago
Astro, I agree with alot of what you say. I totally agree with the statement that this is not ordinary econ we are seeing. I see the arguement for both sides of the coin- yours and VVs/Schiff..others. I just think that absolutes get anyone in trouble. Everyone should buy about 20% metal just in case for now and see what number the dice shows up. That is all we can do. One terrorist attack could change everything...too many variables you know?
kenandjasha 2 years ago
This is what will cause hyperinflation, the inability to repay debt. Two choices:
1. default
2. inflate
Inflate is clearly the route chosen. The Fed will raise rates to protect its treasury holding??? What? The federal debt is so massive that increasing the interest rate will result in the government having to borrow more, the Fed monetizing the treasuries issued to fund the debt, the dollar begins collapsing, everyone will realize this and buh bye dollar. Oh wait, this has already started!
mr1fed 2 years ago
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