Sunday , 20 September 2020


Tag Archives: Bank for International Settlements

The IMF & BIS Have Issued 16 Warnings Of An Impending Financial & Social Crash – Are you listening? (+4K Views)

For several years, and in particular the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) have been issuing warning after warning - as outlined below - that the biggest financial and social crash in history is coming. Are you listening? The warnings are all well thought out with cogent logic and are not to be ignored!

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Sovereign Debt Defaults = Social Unrest + Much Higher Gold and Silver Prices

The magnitude of current private and government debt, coupled with massive unfunded contingent liabilities for promises of future services to their citizens, will prove to be impossible for many nations to fund. Massive inflation in the money supply will become the preferred vehicle to deflect the default monster and will result in vastly devalued currencies and price inflation as a prelude to default. Such action will be a desperate attempt to buy time to stave off the inevitable and will result in social unrest caused by persons whose comfortable lifestyle and elevated standard of living is about to disintegrate before their very eyes. Words: 1525

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