THE JEWS HAVE DELIBERATELY BANKRUPTED THE WORLD.
PROBLEM, REACTION, SOLUTION.
CIVIL WAR COMING SOON.
Prepare now for a quick route out of the United States.
The JEWS SOLUTION is obvious.
World War 3,
ONE World Government,
ONE World BANK,
ONE World Money,
ONE Communist Military Dictatorship,
New World Order.
In Celente’s latest forecast, titled, The First Great War of the 21st Century—Prepare, Survive, Prevail, he paints a bleak picture for 2012, predicting a worsening of class warfare that already wages within more than a dozen countries, from Tunisia, Egypt, Yemen, Syria, Bahrain and Qatar to the UK, Greece and Italy, which will eventually spread to eastern Europe/central Asia and more intensely in the United States.
But, what the world has seen so far is only a economic and social symptom of central bankers’ stop-gap remedies, haphazardly applied to the global financial crisis since its beginning in the U.S. and the fall of Bear Stearns in 2008.
After dozens of trillions of dollars thrown at a global solvency crisis with nothing but further deterioration to show for the money spent, some wonder if the world is about to slide still further into depression.
According to Celente, when the European Union falters from too much supply of debt coming due ($7.3 trillion from G-7 nations, see zerohedge.com) against the backdrop of sliding demand for more debt, the European domino will topple other dominoes, widening the global depression to include the world’s larger economies.
“If you live in Greece, you’re in a depression; if you live in Spain, you’re in a depression; if you live in Portugal or Ireland, you’re in a depression,” Celente said. “If you live in Lithuania, you’re running to the bank to get your money out of the bank as the bank runs go on. It’s a depression. Hungary, there’s a depression, and much of Eastern Europe, Romania, Bulgaria. And there are a lot of depressions going on <already>.”
And as far as a Chinese riding in on a white horse to save the day, Celente said, it’s “highly unlikely. China has 1.3 billion people with a million problems . . . If the Europeans and Americans don’t buy a lot of crap, then the Chinese can make it and sell it to them.”
He continued to explain that China will then likely slow its imports of materials from countries which have been supplying mined product during the commodities boom, leading to a vicious spiral of increased unemployment and declining economic activity—a scenario strongly intimated by Dow Theory Letters author Richard Russell in his latest letter to investors (excerpts posted on King World News). Russell, too, expects a steepening U.S. depression, with 25 percent unemployment in the America as his target at the bottom of the depression.
“This whole thing is connected,” Celente explained. “China isn’t going to have the money to throw around to losers anymore than loan shark would give a gambler who can’t pay his old debts back and has a bad gambling habit another loan to gamble . . . They <Chinese> have their own problems to deal with.” MOREFed approves Chinese bank purchase of US bank
WASHINGTON — The Federal Reserve has for the first time given approval for a large Chinese bank to purchase a U.S. bank. It also gave approval to two other large Chinese banks to expand their operations in the United States.
The Fed board announced it was approving the application of the Industrial and Commerce Bank of China Limited, China’s largest bank, and two other Chinese firms to purchase the Bank of East Asia U.S.A., located in New York City.
The Fed also approved an application by the Bank of China to set up a branch in Chicago and an application by the Agricultural Bank of China Limited to establish a branch in New York City.Nightmare “Schemed” To Cover Up America Collapse
“The drums keep beating; the chick-hawks keep screeching; and America and Israel keep getting closer to a conflict with Iran. And it’s all tied in with Syria as well,” Celente added, alluding to a reciprocating defense agreement between Iran and Syria.
Celente continued the discussion with Waltzek by making the eerie parallel between today’s economic depression, social unrest and geopolitics with those of the Great Depression, which began with the Crash of 1929 and ended following the conclusion of WWII.
Pressure on Washington to quell the threat of Communism as an alternative to a failed central bank controlled ‘capitalist’ system in the U.S. of the 1930?s has reemerged, but with the threat to the status quo coming this time, not from the potential of a viable Communist movement, but instead coming from the rapidly growing Constitutionalists and End-the-Fed movement led by Republican congressman and 2012 presidential candidate Ron Paul.
Making this point for the Keynesians, famed big-government liberal economist and Nobel prize laureate Paul Krugman—who is no fan of Congressman Paul—stated in a NY Times Op-ed piece on Dec. 11, 2011, titled Depression and Democracy, “On the political as on the economic front it’s important not to fall into the ‘not as bad as’ trap. High unemployment isn’t O.K. just because it hasn’t hit 1933 levels; ominous political trends shouldn’t be dismissed just because there’s no Hitler in sight.” thank you snowy smithI know I kept hearing Celente’s name the past few days on AM talk radio other then Coast to Coast, which I am a huge fan of, The MSM news etc, then snowy submitted this article to me, the non-bold printed part’s, and while I was putting this together, I got a news alert about the China purchase of US Bank. Yes it is very scary, especially when you look at all of the things that have just recently taken place, it all sort of falls into place.