By Lisa Haven
A U.S. economic crisis is a severe and sudden upset in any part of the economy. It could be a stock market crash, a spike in inflation, unemployment, or a series of bank failures. They all have severe effects on the economy. Some lead to recessions, others lead to a great depression, and some have minor implications, however, I do believe we could be heading into some sort of recession or depression in the very near future.
The truth is the United States on average has an economic crisis every 10 years or so. Considering the last one hit in 2008, we are already overdue and are already experiencing some of the symptoms of a recession including high unemployment, near-bank collapse, and an economic contraction.
In the video below I interview economic insider Bob Kudla with www.TradeLikeAGenius.com in it, he reveals the current state of the country including the fact that we are repeating patterns from 2008 and that the central bankers are in a state of panic! Absolute must watch and please share…
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For More Information See:
https://www.zerohedge.com/news/2019-04-02/bitcoin-inexplicably-explodes-higher-biggest-surge-years
https://www.bbc.com/news/business-47644267
https://www.foxnews.com/us/imf-managing-director-says-economy-is-at-delicate-moment
LH: ” I do believe we could be heading into some sort of recession or depression in the very near future….The truth is the United States on average has an economic crisis every 10 years or so. Considering the last one hit in 2008, we are already overdue”
Very true. There is virtually no way we can really avoid it. The U.S. money system is a house built from a deck of cards that is teetering on collapse and the slightest thing might bring it down. But that is no surprise seeing who runs our money system. The elite European banksters are behind it all. They set up and ran the Federal Reserve in 1913 and the U.S. has been their slave ever since. Since we went off the gold standard in 1971 under Nixon we no longer have gold backing our money. We went to having our money backed by Saudi oil but now that is collapsing and once we go off that we will have nothing backing the dollar. What that means is the dollar will be as worthless as the paper it is printed on. The dollar might soon lose it’s status as the world’s reserve currency which is a very big deal. Being the world reserve currency has allowed the U.S. to grow to be the most prosperous country in the world, but that might very soon be coming to an end. Very bad times might soon be ahead for us as the economy is likely to crash as stockholders panic when things turn bad. This was all foreseen and warned about by wise and honest politicians back when the Federal Reserve was created in 1913 and pushed onto the American people by the European banksters and back stabbing American business men and politicians. Some quotes from those:
“This Federal Reserve Act establishes the most gigantic trust on earth. When the President (Woodrow Wilson) signs this bill, the invisible government of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill.” ― Congressman Charles A. Lindbergh Sr.
“The new law will create inflation whenever the trusts want inflation…they can unload the stocks on the people at high prices during the excitement and then bring on a panic and buy them back at low prices…the day of reckoning is only a few years removed.”―Charles A. Lindbergh Sr.
“When the President signs this act [Federal Reserve Act of 1913], the invisible government by the money power — proven to exist by the Monetary Trust Investigation — will be legalized. The new law will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created.”― Charles A. Lindbergh Sr.
“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it”. ~ Congressman Louis Thomas McFadden
“Some people think the Federal Reserve Banks are US government institutions. They are not… they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.” ~ Congressman Louis Thomas McFadden
“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is – The Fed has usurped the government!!” ~ Congressman Louis Thomas McFadden
“It [the depression] was not accidental. It was a carefully contrived occurrence worked out as one works out a mathematical equation. The international bankers sought to bring about a condition of despair here so that they might emerge as the rulers of us all.” ~ Congressman Louis Thomas McFadden
“The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the international bankers” ~ Congressman Louis Thomas McFadden
“The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements….The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States….The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.” ~ Congressman Louis Thomas McFadden
“Mr. Chairman, when the Fed was passed, the people of these United States did not perceive that a world system was being set up here… and that this country was to supply the financial power to an international superstate.” ~ Congressman Louis Thomas McFadden