By Lisa Haven
By now your ears are tirelessly ringing by the repeated conversations of a coming economic crisis spoken of by top economists, alternative news sources, and your every day average Joe. The talks have gotten so excessive that when one hears the term “crisis” they no longer grasp the impacts it will have when it finally does make its lasting blow.
The truth is, it is going to hit, and when it does, it will have catastrophic effects on our economy.
Most recently, multiple news reports have surfaced stating that foreign governments have started dumping US debt at a record rate and that the Feds are buying it up! Not only that but the Baltic Dry index has been at a constant decline, not to mention whats been going on with the stock market. Growing trends like these should TERRIFY Americans because they will lead us into another Great Depression. Things are not getting better, but worse for 2016 and many are asking themselves if we could be looking at an economic crisis and Civil War this year.
Don’t Miss This URGENT report…
The world’s leading investors have been warning that we are on our way to one of the largest market crashes in history. The sad truth is, most people are in absolute denial over the actual state of the economy.
“As long as you don’t look too closely at our nation, things seem under control — the United States looks whole … but when you go around to the ‘dark back side’ of the nation, you see the shocking truth. There you see a nation whose core fundamentals have been hollowed out.”
Those are the staggering words of Thom Hartmann in his book, “The Crash of 2016: The Plot to Destroy America — And What We Can Do to Stop It.”
Thom Hartmann predicted that sometime in 2016 America would be faced with an economic crash. As we enter into this new year and our stocks are tumbling out of control it seems like Mr. Hartmann, just might be right!
But he’s not the only one who warned of a 2016 crash. Jeremy Grantham, founder of GMO and widely remembered for warning about the 2000 market crash and the 2008 financial crisis, warned us last year that we could be looking at a crash in 2016. A crisis that will likely be worse then the Great Depression.
“Mr Grantham is uncertain what could trigger the next crisis, pointing out that bubbles do not burst simply because financial assets are overvalued. But he argued that by late 2016 markets would probably be extremely vulnerable to a crash, given lofty valuations.”
Best selling author Robert Kiyosaki, also warned that stock market manipulations could result in a crash bigger then what happened in 2007. In fact he predicted in his book, “Rich Dad, Poor Dad,” that a market crash would hit America in 2016.
Here is more on this critical report…
Check out these quotes from top experts about the coming economic crash:
“I look at what is transpiring in the crude oil market as yet another engineered or financial trickery on the part of the financial elites. . . . What this breakdown in the crude oil price is going to spawn another financial crisis. It will be tied to the junk debt that has been issued to finance the shale oil plays in North America. It is reported to be in the area of half a trillion dollars worth of junk debt that is held largely on the books of large financial institutions in the western world. When these bonds start to fail, they will jeopardize the future of these financial institutions. I do believe that will be the signal for the Fed to come riding to the rescue with QE4. I also think QE4 is likely going to be accompanied by bank bail-ins because we all know all western world countries have adopted bail-in legislation in their most recent budgets. The financial elites are engineering the excuse for their next round of money printing . . . and they will be confiscating money out of savings accounts and pension accounts. That’s what I think is coming in the very near future.” Rob Kirby
“What does the word confidence mean? Break it down. In this case confidence = con men and con game. That’s all it is. So people will lose confidence in the con men because they have already shown their cards. It’s a Ponzi scheme. So the con game is running out and they don’t have any more cards to play.
What are they going to do? They can’t raise interest rates. We saw what happened in the beginning of December when the equity markets started to unravel. So it will be a loss of confidence in the con game and the con game is soon coming to an end. That is when you are going to see panic on Wall Street and around the world.” Gerald Celente
“At any time the Western house of cards could collapse. It (the financial system) is a house of cards. There are no economic fundamentals that support stock prices — the Dow Jones. There are no economic fundamentals that support the strong dollar…” Paul Craig Roberts
“They are trying to make the stock market go up and drag the economy along with it. It’s not going to work. There’s going to be a big accident. When people realize that it’s all a charade, the dollar will tank, the stock market will tank, and hopefully bond markets will tank. Gold will rally in that period of time because it’s done what it’s done because people have assumed complete infallibility on the part of the central bankers.” Bill Fleckenstein
For More Information See:
Thom Hartmann Video Clip- https://www.youtube.com/watch?v=06WOhNgXBZw
(1:35-3:15) or 3:41)