We face the worst economic crisis perhaps in modern history with the distinct risk of moving into a state of Economic Totalitarianism. You better wake up before the coffin is nailed shut.
Investmentwatchblog.com
May 3rd, 2015
We face the worst economic crisis perhaps in modern history with the distinct risk of moving into a state of Economic Totalitarianism. The governments are well aware of the Economic Confidence Model (ECM). Many people have asked the question why have they not killed me since it appears that most others central to events covered in the movie, the FORECASTER, are dead. I believe the answer is rather simple, for even when I was released and appeared on Capitol Hill, I was introduced as this is the guy with the model they are trying to suppress.
Governments may indeed be now using the ECM for timing since it certainly appears they are now aware of cycles. Nonetheless, they are retreating from the world in any democratic position for they are preparing for what appears to be a shift toward Economic Totalitarianism rather than reform. Governments shifted at the G20 in favor of more Draconian taxation enforcement. They have not yet changed their way of thinking and you cannot solve a crisis by following the same path of thinking that has created the nightmare in which you are trapped. Governments as a whole are imposing extra taxes at least through enforcement that is tearing the world economy apart at the seams.
Clearly, behind the curtain there appears to be underway for the first time actual preparation for an economic downturn. However, the possibility of a dramatically sharpened financial crisis looming in the fall appears to be considered and now broadly accepted as inevitable. There is obviously a serious threat of a possible global bank run thanks to the faulty structure of the Euro and its lack of a consolidated debt from the outset. The European bank reserves lack a single status and as the member states get into trouble, so will the banking system. This could spill over into a global crisis as people see banks fail in Europe and prudent people begin to withdraw cash in North America as a precaution setting in motion a contagion.
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