Meltdown Warning Signals
“Run for the Hills Now, I’m Doing It.”
Jim Rogers, CNBC.com (07/20/13)
When a Remarkably Successful Establishment (albeit a Rebel within) Investment Guru warns that He and We should “Run for The Hills” it is important to ask why?
Immediately leading up to, and for months after, the 2008-09 Financial Crisis, not only Independent Commentators but also MainStream Media commentators were Warning we were on the verge of Financial Collapse. And some quite reputable independent commentators still are issuing those Warnings.
So it is important to consider what the Main Warning Signals of an Impending Collapse would be, and how to Profit and Protect.
Indeed, we are already seeing some of those Signals sound such a Warning.
Consider the GEAB’s view and timeline:
“Historians will certainly consider the 2008 crisis as a warning shot before that of 2013.”
Global European Anticipation Bulletin, leap2020.eu
“– end 2013, financial impact: collapse of financial markets especially in the US and Japan. Banks can no longer be saved by the states and BAIL-Ins are put in place;
— end 2013 / 2014 spreading to the real economy: The financial impasse causes / reveals a major world recession and the reduction of international trade;
— 2014, social impact: The economic deterioration causes unemployment to explode, in the United States the dollar’s decline lowers the standard of living, riots mushroom everywhere;
— 2014 political crisis: the governments of the most affected countries are under fire for their handling of the crisis, forced resignations and early elections are expected, if not coups;
— 2014-2015, international management of the crisis: together Euroland and the BRICS impose a new international monetary system and lay down the basis of new global governance;
— 2015: The least affected regions have exited the crisis definitively;
— 2018: It will take the United States, the United Kingdom and Japan five years to purge themselves of the crisis with, ultimately, a greatly reduced standard of living and a considerable loss of global influence (resulting from their refusal to participate in the re-casting of global governance on new bases).”