The Dam Is About To Burst And Nobody Can Stop It – Episode 100

youtube_dambursting_economic_collapse2In this report we will discuss the latest news on the economic collapse. The dam is leaking and leaking bad, it is about to burst and the government can do nothing about it. From the money printing to Obamacare it is all falling apart at an accelerated rate. There is now a complete disconnect between the stock market and the economy. The middle east is in turmoil and the markets are down all around the world. The only place the market is up is here in America. All eyes on the stock market.

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

 Wall Street Banks Extract Enormous Fees From The Paychecks Of Millions Of American Workers

  • Would you be angry if you had to pay a big Wall Street bank a fee before you could get the money that you worked so hard to earn? Unfortunately, that is exactly the situation that millions of American workers find themselves in today.
  • An increasing number of U.S. companies are paying their workers using payroll cards that are issued by large financial institutions. Wal-Mart, Home Depot, Walgreens and Taco Bell are just some of the well known employers that are doing this.
  • Today, there are 4.6 million active payroll cards in the United States, and some of the largest banks in the country are issuing them. The list includes JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. The big problem with these cards is that there is often a fee for just about everything that you do with them. Do you want to use an ATM machine? You must pay a fee. Do you want to check your balance? You must pay a fee. Do you want a paper statement? You must pay a fee. Did you lose your card? You must pay a big fee. Has your card been inactive for a while? You must pay a huge fee. The big Wall Street banks are systematically extracting enormous fees from the working poor, and someone needs to do something to stop this.

Alert: False Flag Alley – Episode 99

youtube_falseflagalley_illusion_economic_collapse2

In this report we will discuss the latest news on the economic collapse. We are entering the week of potential false flags. There are so many different events going on and government officials have given many warning on what to expect. The gun bill, UN arms treaty, CISPA, Syrian bills are either pending in the Senate or are being proposed. The Syria conflict is not going well for the US paid mercenaries and congress does not want to arms the rebels. The Obama administration will need to do something to block the bill.  So be on the look out for many different false flags occurring during the summer.

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 Federal Reserve Is Paying Banks NOT To Lend 1.8 Trillion Dollars To The American People

They FED does not want this money going into circulation, instead he wants the banks to put it into the stock market like they are doing to pump, pump and pump the market up. So this is why there is no inflation, but when all those countries stop using the dollar as the reserve currency all those dollars will start to flow back to the US causing massive inflation.

  • Did you know that U.S. banks have more than 1.8 trillion dollars parked at the Federal Reserve and that the Fed is actually paying them not to lend that money to us? We were always told that the goal of quantitative easing was to “help the economy”, but the truth is that the vast majority of the money that the Fed has created through quantitative easing has not even gotten into the system. Instead, most of it is sitting at the Fed slowly earning interest for the bankers. Back in October 2008, just as the last financial crisis was starting, Federal Reserve Chairman Ben Bernanke announced that the Federal Reserve would start paying interest on the reserves that banks keep at the Fed. This caused an absolute explosion in the size of these reserves. Back in 2008, U.S. banks had less than 2 billion dollars of excess reserves parked at the Fed. Today, they have more than 1.8 trillion. In less than five years, the pile of excess reserves has gotten nearly 1,000 times larger. This is utter insanity, and it will have very serious consequences down the road.
  • Posted below is a chart that shows the explosive growth of these excess reserves in recent years…

The Government Illusion Is Giving Way To The Economic Collapse – Episode 98

youtube_centralbanker_illusion_economic_collapse2In this report we will discuss the latest news on the economic collapse. The Government and the FED are doing their best to keep the illusion that everything is ok in the US and around the world. But from the actions of governments, bank officials and central bankers we can see that they are fighting to keep the illusion from giving way to the economic collapse. The spying, investors are dumping bonds, the stock market is very volatile and the war machine is building across the mid-east. Reports of false flags this July 4th are at an all time high. Be prepared.

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


Economic

Argentina Legitimizes Black-Market Currency With New Dollar-Backed CDs

Just think what will happen when the dollar is worthless and you need to use another form of currency to trade with. Gold and silver everyone knows what it is, everyone takes it and the value has gone up since 1913

  • Just over a month ago we noted that the black-market (blue-dollar) currency that existed in hyper-inflation-prone Argentina had reached epic proportions of disconnect from the official rate of exchange to the USD. It seems the government did not like this and so has decided to take control of this ‘shadow economy’ by creating a new payment method. As the FT reports, As of today, Argentines can pay with so-called Cedins (Certificates of Deposit for Investment), which unlike the peso, can be (legally) swapped for much-coveted dollars. Originally designed for real-estate purchases, they are set to be accepted for anything as long as buyer and seller agree. Argentina has a history of resorting to ‘funny money’ and Cedins will “operate like a national currency… [since] the peso has stooped serving as a savings instrument.” While officials dismiss the blue-dollar market, this move clearly signifies there recognition of an un-official exchange dramatically devalued from the the official rates.

Current Economic Collapse News – News Brief – Episode 97

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

Cyprus’s Rating Cut to Restricted Default by Fitch on Exchange

The bail-ins are working so well and the recovery is happening that Fitch had to downgrade Cyprus from CCC to Restricted Default. Every country should follow this, oh wait they are the template for Europe, England and America

  • Cyprus’s local-currency issuer rating was lowered to Restricted Default from CCC by Fitch Ratings after the nation completed an exchange of government bonds for longer-dated securites.
  • The downgrade reflects Fitch’s opinion that the swap constitutes a distressed debt exchange in line with its criteria, according to a statement issued by Fitch in London. The settlement date for the exchanged bonds is July 1 and shortly after that date the country will be raised to a rating that’s “likely to be low speculative grade,” Fitch said.
  • Cyprus yesterday offered to swap 1 billion euros ($1.3 billion) of domestic-law government bonds with new securities of equal coupon and maturities of five to 10 years. Fitch, which cut Cyprus’s rating to CCC on June 3, said it received confirmation from the Cypriot government that the exchange was completed today, according to the statement.
  • The country avoided a financial collapse in March by bowing to demands from creditors to shrink its banking system in exchange for a 10 billion-euro bailout from the euro area and International Monetary Fund. The bond exchange is part of commitments under the bailout and intended to facilitate cash-flow management, the Cypriot Finance Ministry said yesterday.
  • With foreign law bonds unaffected by the exchange, the long-term foreign currency issuer default rating was affirmed at B- with a negative outlook, Fitch said.

We Have Turned The Corner And Are Headed Toward The Economic Collapse – Episode 96

youtube_turncorner_economic_collapse2 In this report we will discuss the latest news on the economic collapse. The FED is not going to taper anytime soon, gold is being smacked down to unprecedented levels.  The FED is the main player in the bond market and they have increased the amount of bonds they are purchasing. The rule of law is breaking down all over the country and outside the country. War drums are beating louder in the middle east. 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

Former Reagan White House Budget Director: This Isn’t Going to End Well. The Fed Has Painted Itself Into A Corner. It’s Violated Every Rule Of Sound Money That Ever Existed. All Interest Rates Are Manipulated. The Yield Curve Is Artificial…

  • Has the Federal Reserve’s ultra-easy money ZIRP policies destroyed honest market price discovery and inflated a massive asset bubble? Outspoken former Reagan White House budget director David Stockman thinks so and believes the Fed has created a massive bubble. He sounds off on the Fed and the huge financial challenges we face in the months and years ahead.
  • American economy faces a long twilight of no growth, rising taxes, and brutally intensifying fiscal conflict. These are the wages of five decades of Keynesian sin – the price of abandoning financial discipline.

We’ve Passed #1, On In #2… Next Up Comes the Big Drop Today should be the peak of end of the quarter performance gaming.

  • Stocks have rallied hard for three days. The financial media has seen this as indicating the worst is over. But the fact of the matter is that most of this is performance gaming aided by various Fed officials issue verbal interventions yesterday.
  • As I’ve noted to Private Wealth Advisory subscribers, there’s a historical pattern here: stocks tend to lead summer rallies into the Fourth of July. With that in mind, the technical pattern we noted earlier this morning remains in play with the S&P 500 rallying to retest support.

All the Major Con Artists are Out in Full Force Jacking Up the Markets – Smart Money Heading for the Exits – Don’t Fight the Bears

  • Check what Goldman, Cramer, and the FED governors are saying.
  • Obviously, trying the prop up the market before July 4th.
  • Trying to inflate it so they can sell into.
  • After the 4th, could be a major correction; especially since earnings reports come out in full force then.
  • I expect to see ugly numbers from some influential institutions.
  • Stay tuned for updates.
  • Goldman Sachs Chief Executive Lloyd Blankfein said Thursday the markets’ big selloff was an overreaction to news the Federal Reserve may slow its bond purchases later this year.
  • In the aftermath of the record cash crunch in the Chinese

Something Evil Is Coming This Summer – Episode 95

youtube_evil_economic_collapse2In this report we will discuss the latest news on the economic collapse. Evil is coming and it starts on Friday, the quantum dawn 2 cyber attack drill begins followed by many other events. The damage and shock that the American people will see they will equate to pure evil. All throughout the summer we will see many events occurring to get CISPA, the gun bill and UN Arms treaty passed. Be prepared!!

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

Despite Capital Controls, Cyprus Deposits Slide To Lowest Since Mid-2008

Of course people are removing their money. Who would want more of their money taken. Even with capital controls I am sure people show up at the bank everyday to remove as much as they can.Bail-ins will spread across Europe and then finally into America.

  • Another month, another update on the inefficiency of Cypriot capital controls, where following the latest release by the central bank on the May level of deposits in the banking system, we learn that total cash holdings in Cyprus banks dropped by another EUR 1.4 billion in May to EUR55.9 billion, and 23% lower from the same month last year. And with ongoing and unchecked deposit flight continuing, with EUR 14 billion in cash pulled or confiscated since the start of the year, one can see why the administration and the president are about to throw in the towel and demand, this time for a real a bigger bailout for Cyprus as otherwise all that good money chasing bad will be for nothing. In the meantime, expect deposit flight to continue as anyone with half a brain can finally see the writing on the wall, if only with a slight delay and following much personal losses.
  • Monthly Cyprus deposits:

Gold Slam Down Could Lead To An Horrific Event Days From Now – Episode 94

youtube_goldslam_economic_collapse2In this report we will discuss the latest news on the economic collapse. It seems that every time gold and silver is slammed down a false flag event occurs. The last time gold was slammed we had the Boston Bombing 3 days later. There are many false flag events and a lot of military movement within the US.  This Friday is the first of many events which is called the Quantum Dawn 2 drill on all financial institutions. This is a simulated cyber attack hosted by the DHS.

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

Seems like when gold is smacked down something happens.  Gold smacked down on April 12, Boston Bombing April 15.  Something is coming, we have a Cyber Attack Drill on Friday June 28th on Wall Street. The CISPA bill is pending in the Senate. Will this drill turn into something more to get the CISPA bill passed, maybe to close banks and maybe shut the internet off with their kill switch to stop the Cyber Attack. This would be the perfect opportunity.

Results money from peoples bank accounts are gone, blame it on another country to try to use this to get us into war. Keep internet shutdown to stop the flow of information.…