What Do You Need To Make An Economy Collapse, DEBT!!!- Episode 116

youtube_debt_economic_collapse2In this report we will discuss the latest news on the economic collapse. Europe is deep in debt, Greece, Cyprus, Spain and other countries are knee deep in debt that they need to take on more debt. The government has been trying to take the rights away from the people even though rights cannot be taken away. Other US cities are on the verge of collapse. The war with Syria is not going well for the government and the central bankers, their backs are against the wall and they need a new plan to get into Syria and Iran to push the US dollar as the reserve currency.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.

 

Current News


Economy

 Euro Area Government Debt Rises To New Record High

  • While the European economy may be moving in a straight line from upper left to lower right, the same can not be said for the level of debt in Europe, which has taken on the inverse trajectory. As per the just released quarterly update of Euro area government debt, in Q1 2013, total government debt in Europe as a % of GDP just hit a new all time high of 92.2%. This compares to 90.6% in the previous quarter, and up from 88.2% in Q1 2012.
  • The proud Q1 debt-to-GDP outliers, where the local economies are expected to continue plunging and thus send the stock markets (if mostly that in the US) surging, are the following:

Current Economic Collapse News – News Brief – Episode 115

youtube_newsbriefeconomic_collapse2In this news brief we will discuss the latest news on the economic collapse. We look to see if things are really that different. The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

The Economic Recovery Is A Fake, Poverty and Government Dependence Continue To Rise And The Cost of Living Is Beyond Astronomical. The American Dream Turned Nightmare?

  • IMF Economists Say The Economic Recovery Is A Fake
  • MUCH MORE DRAMATIC IMPLICATIONS FOR THE US
  • Daniel Amerman writing in ‘Financialsense’ 11 July points out that the latest IMF leak is not only damagingly truthful, or truthfully damaging about Europe’s economic meltdown, but is at least as damaging for the USA. In fact more so.
  • As the IMF report says, not exactly in these words, since late 2008 a substantial chunk of the US economy has become “artificial”. Another term we could use is “virtualized”. In brief, as the leaked report says, the USA’s private sector basically imploded and has not recovered to this day.
  • Both IMF and national government statistics have either lied about, or miscalculated the economic impact of “fiscal tightening” or the reduction of government spending – or projected reduction as in the case of the US and most other OECD countries. The merest glance at the absurdly manipulated financial markets of today will show their present all-time highs obviously do not relate to the shrunken, downsized and dysfunctional real economy on which these markets squat. Since 2008, the “damage containment” operated in the US, Europe, Japan and other countries, which propels financial markets to literally uncharted highs, is dependent on running unsustainable government deficits.

In The Dark Of Night The Government Prepares For The Economic Collapse – Episode 114

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In this report we will discuss the latest news on the economic collapse. The public is still paying attention to the Zimmerman case, the President is out in public telling everyone it could have been him 35 years ago. Meanwhile what is really going on is that all countries are getting ready for the collapse by building up their military and positioning their assets all in the dark of the night. President Obama has made a deal that will get the gun bills signed when congress is away on recess. Everything has been completely setup for this collapse, the President is not abiding by laws he is just doing everything now to prepare for the collapse.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

THE NEXT DETROIT? BOND RATING FOR RAHM’S CHICAGO DOWNGRADED BY MOODY’S

  • On the eve of Detroit filing the largest municipal bankruptcy in American history, Rahm Emanuel’s Chicago had its bond rating downgraded by Moody’s Investor Services.
  • Moody’s summarized the following weaknesses contributing to the city’s downgrade:
  • • Extremely underfunded pension plans: actuaries of the city’s four pension plans reported a total unfunded actuarial accrued liability (UAAL) of $19 billion as of December 31, 2012; using more conservative assumptions, Moody’s calculates an ANPL of $36 billion
  • • The city’s contributions to the pension plans remain well below a rapidly increasing annual required contribution (ARC); in 2012 alone, the city underfunded its ARC by more than $1 billion
  • • By 2015, state legislation will require the city to increase contributions to its public safety pension plans; the city projects its pension contributions will increase from $467 million in 2014 to $1.2 billion in 2015, placing tremendous strain on the city’s operating budget

Remember It’s Always The Opposite Before The Economic Collapse – Episode 113

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In this report we will discuss the latest news on the economic collapse. The FED and government officials are continually telling us everything is ok, don’t worry, gold is nothing, but the FED doesn’t understand it. The war is building in Syria, China and Japan.  Central bankers are making their move to get hard assets. Greece is laying off 25,000 government workers to get more debt. The BLS admitted the job numbers are BS.  What ever the FED or government officials are telling you to do, do the opposite.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Austerity in action: Greece approves to lay off 25,000 teachers, police

How does Austerity help the nation when the nation is in so much debt. It makes the problem worse. Eventually there will be ~25,000 more people out of work, add this to the already high, high unemployment which means no more disposable income, they will not produce, most likely they will lose their home, they will eventually end up taking money from the government to survive.

  • The Greek Parliament approved the redeployment of 25,000 public sector workers by the end of the year in order to secure its next much needed aid installment of $9.2 billion (7 billion euro) from the Troika of creditors.
  • A total of 12,500 public sector workers, mainly teachers and municipal police will enter a ‘mobility pool’, in which they are given eight months to find new work or be fired, and another 15,000 face the same fate next year.

High Probability Of The First Part Of The Collapse In The Fall – Episode 112

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In this report we will discuss the latest news on the economic collapse. Corporate earning are in and they are dismal. Major corporations have missed expectations.  The FED is reporting that they will still taper but they are not on any time schedule. This fall there is a high probability of a collapse which will suck the wealth away from most Americans. In 2008 the crash stole approximately 38% of Americans wealth, this time it be even more. The NDAA has been reinstated and the government is preparing for the first part of the collapse this fall.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Cyprus Resists International Pressure To Sell Gold Reserves

In the end it is always the same, the central bankers want hard assets, they will continue to pressure Cyprus until they have their gold and natural resources

  • Gold is lower in all major currencies today but remains well bid near the $1,300/oz level.
  • Physical demand, particularly from China, remains very robust and premiums high at over $30 per ounce overnight.
  • Physical gold delivered to buyers by China’s largest bullion bourse in the first half of this year almost matched the entire amount taken from its vaults in 2012 (see Shanghai Gold Exchange charts below), and was more than double the country’s annual production.
  • Breaths will be held prior to Bernanke’s testimony but as ever it will be prudent to ignore the noise and his often contradictory words and focus on actions and the reality of continuing ultra loose monetary policies.

Nobody Can Tell You What The Economic Collapse Is, You Have To See It Yourself – Episode 111

youtube_choose_pill_economic_collapse2In this report we will discuss the latest news on the economic collapse. If you haven’t purchased gold or silver this might be a good time to go out and buy some. The economy is starting to fall apart, company earnings are down and the war is brewing in the east. Bail-ins are on the horizon followed by cyber attacks which will rob the people of their money. Government is at its lowest approval rating the people do not believe the government is handling the nations money properly. Get prepared because more false flags are on the way.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


Current News


Economy

European Car Sales Double-Dip, Lowest Since 1993: “No Recovery Until Late 2014”

We now see the disconnect between the stock market and the economy. Europe is facing very tough times just like in the Great Depression. Europe was doing very poorly and America’s stock market was hitting all time highs. It is the same as today.  The western economies of the world are suffering and are on the verge of collapse.

  • Following the hopes and dreams of green-shooters everywhere with April’s +0.6% YoY growth in European car sales, the last two months have been a bitter disappointment as sales have collapsed once again – down 6.3% YoY in June. Sales have been negative year-over-year for 18 of the last 19 months – longer than the 18 months during the financial crisis in 2008/9 and just printed at a fresh 20 year low. Car manufacturers are not amused and are demanding action, as Reuters reports, “What is the government waiting for to enact measures to support investment in this key sector?”

The Economic Storm Is Surrounding The Government And There Is No Escape – Episode 110

youtube_dark_clouds_economic_collapse2In this report we will discuss the latest news on the economic collapse. The government attempt to create a false flag race riot of the Zimmerman case is not gaining traction. The economy in Europe is falling apart and the Cyprus, Greece, Spain, France, Portugal cannot recover from the deep recession. Russia, US, China, Japan and Israel are all flexing their muscles to show that they are ready for an encounter. Cyber attacks and false flags are coming this is a fact.  The gun bills and CISPA are all pending in the senate just waiting for an event to push them through. Obamacare is running into problems, it is an economic nightmare.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


Current News


Economy

 India will make all payments for Iran crude in Rupees

This is why the US government and the central bankers want to get into Iran so badly.  They are not using the US dollar as the reserve currency and there is no central bank

  • India is to settle its 1.53 billion dollars dues with Iran in Rupees. From now on, all the trade will only be done in Indian currency. Until February, 45 percent of the Indian oil import payments were made in Euros, with the money going through Turkish Halkbank. Since then Indian crude oil importers have held on to their payments. A Russian route to make payments in Ruble was explored however it did not work out. Finally the Rupee transactions are left as the only alternative.UCO Bank is the only Indian designated institute under the rupee-payment mechanism with Iran. It is backed by its tie-ups with five Iranian banks which worked on carrying out the process of settlements of dues in April last year.