Hyperinflationary Depression – No Way of Avoiding Financial Armageddon

Tuesday, June 10, 2014
By Paul Martin

BioPrepper.com
06.10.14

If you’ve never heard of or read a report from John Williams, then today is your (un)lucky day. Mr. Williams’, founder of Shadow Stats, is the economic analyst that has brought us the real, unadultered statistics for unemployment (22%) and real GDP (-5.5%) and Inflation (6%).

According to Mr. Williams’ most recent report on the economy, things are not as good as they may seem. In fact, they’re a whole lot worse than what most people can even imagine.

The U.S. economic and systemic solvency crises of the last two years are just precursors to a Great Collapse: a hyperinflationary great depression. Such will reflect a complete collapse in the purchasing power of the U.S. dollar, a collapse in the normal stream of U.S. commercial and economic activity, a collapse in the U.S. financial system as we know it, and a likely realignment of the U.S. political environment. The current U.S. financial markets, financial system and economy remain highly unstable and vulnerable to unexpected shocks. The Federal Reserve is dedicated to preventing deflation, to debasing the U.S. dollar. The results of those efforts are being seen in tentative selling pressures against the U.S. currency and in the rallying price of gold.

It could not get any more serious than this. If Mr. Williams’ is correct, and his stats and analysis have proven to be right on target thus far, then we are in for what Gerald Celente has said will be like nothing we’ve ever seen in our lifetime.

The Rest…HERE

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