It was just a few days ago that Alessio Rastani stunned the world when he told the BBC that everyone in the world will lose everything within 12 months. He also said governments were stupid and run nothing. Goldman Sachs runs the world. He became an overnight YouTube sensation.
Then I heard of massive short position bets that the S and P Stock Index will tank by October 20th. Are bets this size indicative of insider knowledge sort of like the CIA and the Israelis shorting two airlines stocks just before 911?
And on the same day I read this: the head of UniCredit global securities, and former Chairman of the Hungarian stock exchange, Attila Szalay-Berzeviczy, said the euro is beyond dead. The imminent Greek default will cause a 10.0 magnitude economic earthquake and welcome to the Apocalypse though that last phrase was translated from the Hungarian by a native speaker of Bulgarian.
In the Ukraine the government suspended all Treasury payments so they could just almost barely make a 5.3 billion dollar installment on their debt which the banks insisted be paid in full. A late correction of the translation says they did not make the payment. Who knows what really happened? But does anyone really believe the Ukraine will make the next payment?
The Greeks have turned to the Irish Central Bank for advice on how to finagle the books. The Greek tax collectors are still on strike. Now we just heard that the Greeks can’t afford to buy ink to print their tax forms. The traitorous government raised utility rates but the utility workers refused to send out the bills with the higher rates. The government raised property taxes and have a new bill not yet passed that would require the Greeks to pay that increased property tax rate retroactively back to 2001. Would you want a job collecting those ten years of back taxes?
Steve Forbes was in Athens chuckling about buying Greek assets for pennies on the dollar. Little did he know that the Greeks are really good street fighters. Prime Minister George Papandreou who is a Jewish Socialist sold out the Greek people. Greek taxi drivers have to buy a medallion to operate a taxi just like the cabbies in New York. A Greek medallion costs as much as a house.
Papandreou sold the Greek license to operate all cabs in Greece to a German company without compensating them for their medallions. The Greeks will destroy any asset that the bankers buy for pennies on the dollar.
The Euro Debt Inspectors are back demanding more cuts and layoffs. The Greek civil service responded by taking over eight Greek government cabinet ministries to stop those pesky Euro auditors in their tracks. The Greeks would like to offer a 100 year bond. Would you be willing to invest your pension fund in it? Wait a second. Their adviser in the bankrupt Rothschild owned BNP Paribas. Maybe not.
I remember Ambrose Evans-Pritchard in the London Telegraph over a month ago saying that the one good point about Europe is that they have the Americans who are in better shape than the Europeans. Wow! America has 23% unemployment, 11% inflation, bankrupt cities and towns plus 577,000 laid off city and state workers. The only reason the official census of poverty in America lists 46 million and not 66 million poor is that the government uses 1952 medical care costs in their fuzzy mathematics.
Harvey Schlanger, an American economist, was in Austria and pointed out that all the orders for the Eurozone come from the City of London and the Rothschilds but that England never joined the euro. If a doctor refuses to take his own medicine, why should you?
The German parliament betrayed the people and allowed the Bailouts to continue. This is a non-event. The euro will collapse anyway.
A lot of rumors have been floated about China, Russia and Brazil rescuing Europe. The President and Prime Minister jointly fired the Russian financial officer who started talking about buying a trillion euros of toxic assets. China and Brazil are rumored near financial implosion. Another rumor circulated of a Brazilian default. Does not look good for any heroic rescuer coming to save Europe. Only Bernanke and his printing presses. Inflation will soon go to 25% and then 50%.
Everyone is headed for the exits. 25% of all Hedge funds could disappear by the close of business Friday due to investors pulling their deposits. Silver and gold depositories tell us that people are cashing in their mutual funds to buy silver bullion. Even countries that produce silver like Peru are experiencing shortages of bullion.
Bob Chapman says that the FED has spent 50 to 100 billion dollars in the past few days to suppress the price of gold, silver, oil and other commodities while pumping up the DOW and the S and P Stock Indices. They cannot do this for much longer.
They usually only do this for two or three days at a time like around COMEX options expiration or a major address by the President or someone really important like Bernanke. The point is that they are continuing this operation for a reason. My thinking is that they fear a crash will come sooner than they want or are prepared for. They might hope to gain time to start a war or pull off another 911 in the near future to divert the public wrath.
Eventually, the markets will overwhelm the FED. Chapman said it is possible that JP Morgan has bought CDS (Credit Default Swaps) to insure the losses they expect to rack up when gold and silver go higher forcing them to buy bullion to cover their short positions. The fly in the ointment is that the institutions that sold CDS to JPM will default sending the New York banks, America and the world into immediate bankruptcy.
Resistance is spreading. That is the greater risk to the bankers. The wheels are falling off the Eurozone bus. And I do not think the Zionists can fool us into believing another 911. Nor do I believe the US military will allow Israel to start World War III.
In the next 30 to 90 days An Unstoppable Force Will Hit An Immovable Object.
Please consider this inspirational video:
Be very careful. Millions of people who make bad financial decisions or allow politicians to do that in their behalf will soon start dying of starvation.
Need I remind you that I have been saying for some time that the next Depression could be called the Great Starvation. At least 3 million Americans died of starvation in the Great Depression. Within the next ten years I expect 9 million Americans to die of starvation and 3 million to commit suicide rather than starve to death.
That is our future if we do not resist the Evil in our midst.