Things To Come In 2010
I recently read the great economic article HERE and wanted to share some of the items that received a 50+% chance of occurring in 2010.
In descending order…
Greece defaults on its debt: Great problems would result for the parent European Union, sure to fracture. Germany lets it go, does not cover the Greek debt, but employs plausible deniability on minimal offered assistance. A chain reaction begins, to reach the other vulnerable nations. Portugal, Italy, and Spain teeter upon the event, soon to suffer their own defaults, none aided. Even France suffers the ignominy of default, but is aided by Germany in the end, unlike the PIGS nations. The crux of the matter is refinance rollover of debt, which fails. The non-German EuroBonds then rise in yields, enough to force a split in the Euro currency to form the Nordic Core Euro. Default nations revert to their old former currencies and suffer massive devaluations. (chance: 80%)
Food prices soar in the US: The divergence between official crop forecasts would clash with the reality of crop failures and profound shortages this summer. Being the greatest food production source, the US crisis spreads globally. The deCarbonnel threat is realized, as foreign nations sell US$-based assets in order to finance food supply purchases. China enters the fray as a buyer of distressed farm property, amidst accusations of carpetbagger. (chance: 80%)
Mexico fails as a state: The conditions in Mexico would become fully recognized and openly discussed. Two factors are front & center. The rise of the drug cartels in their control of the nation in numerous aspects is already global news. The unexpected net import of crude oil that ruins the nation’s federal finances is not yet global news. The former has been understood, but the loss of oil exports takes the region by total surprise. Hyper-inflation then hits Mexico, which prints money to alleviate the federal budget shortfall. Chaos results on numerous levels. Supply disruption hits the US southern refineries. (chance: 70%)
London metals exchange shuts down: The venerable London Bullion Market Assn would close, unable to fulfill gold orders. The varied stories continue regarding unorthodox practices from the London metals exchange in the month of December, like redemption of gold contracts in cash, like outsized demands for gold delivery mainly by Chinese entities but increasingly by the Swiss, like satisfaction of gold contracts with Street Tracks GLD shares, and much more. Scrutiny with assays upon high volume delivery have been standard since the tungsten gold story emerged, an indirect confirmation often ignored. The supply chain with intermediaries suddenly halts, as they too have no gold bullion to supply the LBMA. Companies shut down. Lawsuits result. Prosecutions begin. Midlevel officials are arrested. Some turn state’s evidence. The gold price enters a state of extreme confusion, with vast discrepancies between paper gold price and physical gold price. (chance: 70%)
Russian cuts off natural gas to Eastern Europe: Russia would enter a deep dispute with Eastern European nations, in particular Ukraine, and cuts off the flow of natural gas. Disputes center on return to the Russian fold from the independent factions encouraged by the Untied States motivated by the many Color Revolutions. Caught in the middle, at the end of the distribution lines, is Central Europe, whose ties forged by Germany to Russia remain healthy and strong. Russia later forges an alliance with Central Europe that results in some stability, as it becomes clear that Russia has come of age as a peacemaker with further ramifications in time. (chance: 50%)
UKGovt suffers a debt downgrade: The United Kingdom would be the first major industrialized nation to lose its high credit rating. The UKGilt bond yields then rise above 6% without pause. The threat of sovereign debt default is debated. The British Pound currency falls, which perversely aids the USDollar. Shock waves extend to the Wall Street financial center. Later, scrutiny comes to the USTreasury for its own downgrade and default risk. (chance: 50%)
Funny, no mention of the next tsunami of American foreclosures in both commercial and residential real estate.
Folks, to those that think it’s all about money and greed, think again! They (the Vatican and her military ruling all nations right now for the Pope, the Jesuit Order) are going to crash ALL currencies to bring about a global currency to match their world government.
It’s all obvious to those with two eyes to see.
Sometimes it really is just TOO obvious as noted below…
The cover of The Economist in 1988!! TELL ME THOSE PAPAL KNIGHTS RUNNING THAT PUBLICATION DIDN’T KNOW OF SOMETHING IN ADVANCE!?
Note the symbolic PHOENIX rising from the ashes of the once dominantly protestant American dollar bill. Also note the name of the coin and the year 2018 on it! Let’s not forget the occult Nimrodian trinity (Semiramis, Tammuz, Nimrod) symbol (“fleur-de-lis“) on it’s head!
2018-19 is definitely my projection as stated before on my previous blog post titled New World Currency By 2019?
Get ready and don’t say you weren’t warned.
See Also:
and what are you going to do to prevent it? what can we do?
I will be posting a survival section with tips on what to do to prepare soon.
People like Alex Jones that always fear monger and never provide solutions should be ignored.
Keep it posted.
dam nation will rise against nation…