When it comes to economists, investors, and all manner of financial spectators, there is only one way to measure the value of their opinion. Are they good at predicting the future? Clearly, no one can predict the future with 100% certainty, but they should be able to make some broad predictions with reasonable accuracy. If they don’t have a good track record of that, then their opinions are worthless.
World famous investor Jim Rogers doesn’t have that problem. Since the 1970’s, he’s regularly made a killing every time the global economy has taken a nosedive. You can only do that if you have gift for prognostication, and Jim Rogers has it. However, his latest prediction is alarming to say the least.
Are you primed for the Coming Economic Collapse and the Next Great Depression? The economic forecast for 2017 is more than dismal, and there is more than enough economic particulars out there to show there could be an economic collapse and stock market crash in 2017.
The subsequent are 10 indicators that the economic collapse and stock market crash that the experts have been warning about is currently here…
#1 According to Challenger, the number of job cuts in May was 71 percent higher than it was in May 2016.
#2 We just witnessed the third worst drop in U.S. construction spending in the last six years.
#3 U.S. manufacturing PMI fell to an 8 month low in May.
#4 Financial stocks have lost all of their gains for the year, and some analysts are saying that this is “a terrible sign”.
#5 One new survey has found that 39 percent of all millionaires “plan to avoid investing in the coming month”. That is the highest that figure has been since December 2013.
#6 After an initial bump after Donald Trump’s surprise election victory, U.S. consumer confidence is starting to fall.
#7 Since Memorial Day, Radio Shack has officially shut down more than 1,000 stores.
#8 Payless has just increased the number of stores that it plans to close to about 800.
#9 According to the Los Angeles Times, it is being projected that 25 percent of all shopping malls in the United States may close within the next five years.
#10 Over the past 12 months, the number of homeless people living in Los Angeles County has risen by a staggering 23 percent.
The economic collapse is imminent . The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.
“The Federal Reserve’s policies of printing trillions of dollars back in 㤐-09 have locked into place a serious economic crisis and stock market crash at some point in our future,” Going so far as to intimate the financial collapse and market crash will occur at least some time in the next two years, “It’s unavoidable, and even Donald Trump can’t stop it.”
Top economists predict that within the next 18-24 months, the imminent economic collapse will happen. The Federal Reserve’s policies of printing trillions of dollars back in 㤐-09 have locked into place a serious financial crisis, economic collapse and stock market crash….
Throughout a recent interview with Business Insider CEO Henry Blodget, Rogers predicted that another global economic crash will happen within the next year or two, and that it will largely be fueled by the massive debt obligations and financial bubbles that grew to mind boggling levels after the last financial crisis. When inquired how serious this crash is going to be, he gave a serious warning.
No, it’s going to be serious stuff. We’ve had financial problems in America — let’s use America — every four to seven years, since the beginning of the republic. Well, it’s been over eight since the last one. This is the longest or second longest in recorded history, so it’s coming. And the next time it comes — you know, in 2008, we had a problem because of debt. Henry, the debt now — that debt is nothing compared to what’s happening now.
In 2008, the Chinese possessed a lot of money saved for a rainy day. It began raining. They started spending the money. Now, even the Chinese have debt and the debt is much higher. The federal reserves, the central bank in America, the balance sheet is up over five times, since 2008. It’s going to be the worst in your lifetime, my lifetime too. Be worried.
As a matter of fact, he thinks that it’ll be so bad, that the world is going to look radically different after the crisis passes.
My children speak Mandarin because of what’s coming. You’re going to witness governments fail. You’re going to see countries fail, this time around. Iceland failed last time. Other countries fail. You are going to witness more of that. You’re going to see parties disappear. You’re going to see institutions that have been around for a long time — Lehman Brothers had been around over 150 years. Eradicated. Not even a memory for most folks. You are going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.
Don’t be fooled by the financial analysts you see on TV, who are all busy remarking on how high the stock market is, and how low unemployment has become since the last financial crisis. Times are always great before the crash. Life is always a joy when you’re living unsustainably. It stops being fun once the bills are due, and they are going to come due for our economy very soon. And people like Jim Rogers, who make their living on predicting these events, are sounding the alarm.
The Establishment continue to push forward in their attempt to shut down the alternative press that is rapidly growing and pushing out the faltering mainstream media. As the EU demands social media sites censor fake news and Reddit, Facebook and other sites begin blocking Fusion Laced Illusions and other alternative media it is now alarmingly evident that their truly is a war on free speech.
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These People Are A Danger To Themselves And Others! Wake Up!!!!!!
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