Interview With Gregory Mannarino

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The X22 Report welcomes Gregory Mannarino for this special Sunday interview.  Gregory talks with Dave from X22 Report about the financial collapse.

Main topics discussed are how the financial collapse might come about. What to look for as the the collapse is approaching, where to put your money to keep it safe and how it will effect everyone when the collapse hits.

Gregory Mannarino has a free ebook that you can download plus he gives out free trading tips with his Traders Choice website.

FREE eBook link: http://www.lulu.com/spotlight/thegame…
FREE trading website: http://traderschoice.net

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 Economic Collapse News – News Brief – Episode 109

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

S&P amazingly says no one should believe its ratings are independent and objective

Look what happened during the 2008 crisis all the mortgage back securities were rated AAA and they all were toxic.  The government and FED are in complete control of the rating agencies, just like the FED is in control of all markets

  • US rating agency Standard & Poor’s told a court of law that it figured every reasonable investor would know its promise to objectively rate securities was mere “puffery,” like a used-car salesman who tells you the last owner of your car was an old lady who only drove it on Sundays.
  • The US government thinks that S&P (a unit of McGraw Hill Financial) should pay $5 billion in penalties for giving safe ratings to risky securities while it had cozy relationships with people creating them. Somebody should have known that all those chopped up sub-prime mortgages did not actually create bonds as safe as Treasurys, and it turned out those somebodies were helping S&P create the models that said they were safe.
  • Moving to dismiss the suit in a California federal court, S&P said that reasonable investors would know its assurances of independence were just marketing, and that its ratings should be treated as free speech, not as financial statements. The defense ought to worry anyone who relies on its ratings. But should the government win this case, those investors will likely file claims for damages in civil court alleging that they too were defrauded.

Government Not Ready For The Collapse, More Stimulus Needed – Episode 108

youtube_needstimulus_economic_collapse2In this report we will discuss the latest news on the economic collapse. The government signaled that the collapse is coming to quickly and they are not prepared. The FED reported that since the economic indicators are not where they would want them they will need to pile on more stimulus to keep the economy going. The FED is the market and without the stimulus the entire world collapses. The government still needs to get the gun bills and CISPA passed, and the war started in Syria. To do this they will count on false flag events to try to pull this off. If they cannot pull this off with these events they will use the main event the Cyber Attack.

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

French-Owned Fitch Downgrades FrAAAnce To AA+

  • On the even of Bastille Weekend and the 100th anniversary of the Tour de France, you know it must be bad when the French-company-owned ratings agency Fitch is forced to remove its AAA rating from France. Key drivers include Debt-to-GDP projections rising and substantially weaker economic output and forecasts.

Economic Bellwether UPS Just Slashed Earnings

If the FED prints more money this should help UPS, right!!!!

  • Global shipper UPS just reported preliminary earnings of $1.13 per share in the second quarter, below consensus estimates for $1.20 EPS, and lowered its guidance for full-year earnings as well.
  • The company cites several factors expected to weigh on earnings when the company officially reports its Q2 results on July 23:

The Government Is Working In Stealth Mode To Prepare For The Economic Collapse – Episode 107

youtube_stealth_economic_collapse2In this report we will discuss the latest news on the economic collapse. The government is preparing for many false flags this summer. They are pushing the agenda of race riots and they are preparing to push the gun legistlation forward with the some type of false flag event while the congress is on summer recess. The global economy is falling apart and unemployment, bail outs are getting worse by the day. Meanwhile the government is preparing laws and tactics in stealth mode before the economic collapse hits the world.

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 wheels are coming off the whole of southern Europe

  • Europe’s debt-crisis strategy is near collapse. The long-awaited recovery has failed to take wing. Debt ratios across southern Europe are rising at an accelerating pace. Political consent for extreme austerity is breaking down in almost every EMU crisis state. And now the US Federal Reserve has inflicted a full-blown credit shock for good measure.
  • None of Euroland’s key actors seems willing to admit that the current strategy is untenable. They hope to paper over the cracks until the German elections in September, as if that is going to make any difference.
  • A leaked report from the European Commission confirms that Greece will miss its austerity targets yet again by a wide margin. It alleges that Greece lacks the “willingness and capacity” to collect taxes. In fact, Athens is missing targets because the economy is still in freefall and that is because of austerity overkill. The Greek think-tank IOBE expects GDP to fall 5pc this year. It has told journalists privately that the final figure may be -7pc. The Greek stabilisation is a mirage.
  • Italy’s slow crisis is again flaring up. Its debt trajectory has punched through the danger line over the past two years. The country’s €2.1 trillion (£1.8 trillion) debt – 129pc of GDP – may already be beyond the point of no return for a country without its own currency.
  • Standard & Poor’s did not say this outright when it downgraded the country to near-junk BBB on Tuesday. But if you read between the lines, it is close to saying the game is up for Italy.
  • Its point is that if “nominal GDP” remains near zero, Rome will have to run a primary surplus of 5pc of GDP each year to stabilise the debt ratio. “Risks to achieving such an outturn appear to be increasing,” it said.

We Are Headed For False Flag Events, Economic Collapse And WWIII (Part 2)- Episode 106

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In this report we will discuss the latest news on the economic collapse. The economies of the world are on the verge of collapse, unemployment in the Eurozone area is at an all time high, the rights of the people are being taken away one by one. The US government believes it is above the law and can do whatever it wants in other countries. Next week starts another round of potential false flags, the National Scout Jamboree Biological drill, the Zimmerman Trial that might cause race riots, the Cyber Attack Drill on July 18th that could turn into a real attack on banks. Russia, Syria, Iran, China, North Korea, Japan and the US are all flexing their muscles towards war. All of this to cover up the great economic 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

Eurozone unemployment rate worse than OECD average

  • The unemployment landscape in the eurozone worsened slightly in May, diverging further from the overall rate of 8.0 percent in advanced countries, the OECD said on Tuesday.
  • The rate in OECD countries was 8.0 percent in May for the third month running but in the eurozone it edged up to 12.2 percent, the highest level for about 20 years, the OECD said.
  • Overall, 48.5 million people were unemployed in the 34 OECD countries in May, regular monthly and harmonised OECD data showed.
  • This meant that 100,000 people had swelled the total of unemployed in the month, and that 13.8 million people had joined the mass of unemployed people since July 2008 when the financial crisis began.
  • The Organisation for Economic Cooperation and Development noted that the gap between the average OECD unemployment rate and the situation in the eurozone was widening, to 4.2 percentage points from 1.7 percentage points in July 2008.
  • The OECD highlighted the performance in other leading economies: in the United States the rate in May rose by 0.1 percentage points to 7.6 percent but in Canada it fell by the same amount to 7.1 percent.

We Are Headed For False Flag Events, Economic Collapse And WWIII (Part 1)- Episode 105

youtube_wwiii_falseflags_economic_collapse2In this report we will discuss the latest news on the economic collapse. The economies of the world are on the verge of collapse, unemployment in the Eurozone area is at an all time high, the rights of the people are being taken away one by one. The US government believes it is above the law and can do whatever it wants in other countries. Next week starts another round of potential false flags, the National Scout Jamboree Biological drill, the Zimmerman Trial that might cause race riots, the Cyber Attack Drill on July 18th that could turn into a real attack on banks. Russia, Syria, Iran, China, North Korea, Japan and the US are all flexing their muscles towards war. All of this to cover up the great economic 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

Japan Government To Change Inflation Calculation Ushering In Even More BOJ Liquidity

When all else fails change the calculation so what you are doing works. If you are printing tons of money and the numbers are showing inflation, here is an easy fix change the calculation. All countries are doing it, the US changed unemployment, GDP and inflation calculation to reflect that the FED policy is working

  • When it comes to changing the “measurement” rules in the middle of the game, nobody does it quite like Japan: in the aftermath of the Fukushima nuclear explosion, when radiation was soaring (and still is with Tritium levels just hitting a record high but who cares – Goldman partners have to earn record bonuses on the back of the irradiated island) Japan’s solution was simple: double the maximum safe irradiation dosage. Done and done. Now, it is time to do the same to that other just as pesky, if somewhat less lethal indicator: inflation. Reuters reports that the Japanese government plans to adopt a different measure of inflation to the central bank’s.
  • The official explanation for this upcoming adoption of core-core-CPI which also excludes energy prices in addition to fresh food costs (as core CPI does everywhere else in the world) is to “raise the bar” on Abe’s inflation goal. In reality, it will simply grant the BOJ unlimited ammo to continue injecting liquidity indefinitely because absent exploding energy costs (as we have discussed), inflation in Japan is quite dormant. But what will really happen is that inflation will merely become just one more governmentally-determined and goalseeked economic indicator and policy tool, as it is in the US and China.

The Economic Collapse Is Starting To Heat Up – Episode 104

youtube_heatingup_economic_collapse2In this report we will discuss the latest news on the economic collapse. The summer is heating up and so is the economic collapse, Europe is in turmoil, Egypt is on the verge of a civil war. The war drums are getting louder with Syria. The economic collapse is starting to show its signs and it is heating up and will soon have a major melt down.  From stocks to real estate all will come to a screeching halt and collapse and those who are not prepared will be shocked when hits.

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

11 Signs That Italy Is Descending Into A Full-Blown Economic Depression

Most of the European nations are in the same boat. There is a deep, deep recession happening in Europe.  Many countries are starting to really feel it like Portugal, Italy, Spain, Cyprus and Greece.

  • #1 The unemployment rate in Italy has risen to 12.2 percent. That is the highest that it has been in more than 35 years.
  • #2 The youth unemployment rate in Italy is sitting at 38.5 percent, and in southern Italy it recently hit the 50 percent mark.
  • #3 An average of 134 retail outlets are shutting down in Italy every single day. Overall, approximately 224,000 retail establishments have closed since 2008.
  • #4 Italy’s economy has now been contracting for seven quarters in a row.
  • #5 It is being projected that Italy’s GDP will shrink by 1.8 percent this year.
  • #6 Industrial production in Italy has declined for 15 months in a row. It has now fallen to its lowest level in about 25 years.
  • #7 Overall, factory output in Italy has fallen by about one-fourth since 2008.
  • #8 In May, automobile sales in Italy were down 8 percent compared to one year earlier.
  • #9 The number of people that are considered to be “seriously deprived” in Italy has doubled over the past two years.
  • #10 Italy now has a debt to GDP ratio of 130 percent.
  • #11 It is being projected that Italy will need a major EU bailout within six months.
  • At this point, Italy is flat broke.