Tag Archives: financial collapse

It is easy to be branded a Cassandra when one has nothing but negative forecasts but so be it - it is what I see and believe. It is more palatable to be wrong in a distinguished crowd than as a lone nut, however, so I offer below quotes from 17 others about the coming global financial collapse that will make your stand up. Words: 1226

A monumental change is coming, and for most Americans, it will be painful—especially for the unprepared. [Let me explain just what is happening, why it can not go on as is and what we can likely expect in the future.] Words: 1144

In light of the unfolding global sovereign debt fiasco that has turned out to be less of a waterfall and more of an avalanche [than anticipated I present below a description of the 5 stages of collapse and discuss our preparedness. If you haven't read it yet, perhaps you should.] It has been read by 70,000+ people so far - and is still being read by an average of 1,500 people each month - on my site alone. Words: 2525

The U.S. is headed inexorably toward a systemic failure, a complete and utter collapse of the financial system. TARP and all the other machinations have not improved the underlying insolvency of the banking system. They have, however, deferred a collapse and ensured that it will ultimately be worse. [Let me explain.] Words: 1385

The debt crisis in the United States is unsustainable, and the debt crisis in Europe is unsustainable. As such, we are facing a global debt meltdown and are heading for an economic collapse. You aren't going to hear that truth from the media or from our politicians, however, because keeping people calm is much more of a priority to them than is telling the truth - and right now we are in the calm before the storm. Nobody knows exactly when the storm is going to strike (i.e. when the collapse is going to happen) - but it is definitely on the way -- and now even Goldman Sachs is admitting [that that is most likely the outcome of the present situation. Here is what they had to say recently in a "secret" document that has just now been made public.] Words: 1147

2012 is shaping up to be the blockbuster main event of the ongoing financial crisis. Massive amounts of new debt, vast quantities of additional digital dollars and the spark of higher interest rates will set off version 2.0 of the credit-driven financial implosion. Let me explain. Words: 1954

Gold has been the best-performing major commodity since the financial crisis began and we see no big reason why that outperformance should be over. After its breathless run to $1220, it’s entitled to correct back toward $1,000—or even a bit below that chiliastic level—without ending its bull market. Words: 707