Banks are preparing for something big, billionaires are warning of "financial ruin," the super rich are buying up boltholes with airstrips in preparation of "escape" should the "poor" rise up, and underground doomsday lairs are being stocked .... a look through the news from the last year paints a bigger picture than if you look at that news one issue at a time because when seen together, we see an increasing escalation of preparation for the biggest economic crash in history.
After the 2008 recession, experts sounded the alarm that unless the underlying issues that caused the recession were addressed, the followup collapse would even. Rather than addressing those issues, the US via the "economic stimulus" plan pumped money into the economy, bailed out the "too big to fail" banks and never addressed the initial causes of the 2008 recession.
The "Death Spiral"
In 2013, Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt asserted that the US debt had escalated into a "death spiral" that would result in a depression so severe that he doesn't "think our civilization could survive it." According to that same report a team of scientists, economists, and geopolitical analysts found a "catastrophic "pattern that they claimed "guarantees" collapse and that our "our energy, food, and water systems," could implode all at the same time.
Another member of this team, Keith Fitz-Gerald, the president of The Fitz-Gerald Group, went on to explain their discoveries.
"What this pattern represents is a dangerous countdown clock that's quickly approaching zero. And when it does, the resulting chaos is going to crush Americans," Fitz-Gerald says.
By January 2015, we were informed that the "super-rich" hedge fund managers were buying secret boltholes with airstrips where they could hideout in the event of a civil uprising.
Nervous financiers from across the globe have begun purchasing landing strips, homes and land in areas such as New Zealand so they can flee should people rise up.
Banks Preparing
In December 2014, ANP reported on a strange solicitation by the US governments Comptroller of Acquisition Management, for a bid of $200,000 for survival kits for the employees of major banks. As was explained in the ANP article, these are the type of purchases usually reserved for the military or the FBI. (Solicitation is embedded in the December article and video shown below)
Why would every major bank need survival kits for all their employees? Why is the US government prepared to spend up to $200,000 on survival kits for bank employees at Bank of America, American Express Bank, BMO Financial Corp., Capitol One Financial Corporation, Citigroup, Inc., JPMorgan Chase, and Wells Fargo, just to name a few? What do they know that we do not know?
February 2015, an interesting alert was posted in the SQ Alerts section of Steve Quayles website: "Today I went inside our local Chase bank and to my surprise, the teller area had changed drastically. The tellers were now behind a glass wall. When I asked the teller when did this change take place, she said that workers where there all during the previous night installing it. Jokingly, I asked her if it was bullet proof glass and she confirmed that it was indeed. Please keep in mind that this bank is in a small grocery shopping center right outside of a neighborhood in a quiet suburban town about 35 miles north of Houston. I was shocked. They are preparing for something."
They Are Preparing For A Major Uprising By 2016
In November 2014, Economist Martin Armstrong, who correctly predicted the 1987 Black Monday crash as well as the 1998 Russian financial collapse, made a bone chilling prediction that "rising resentment against the status quo as a result of economic inequality is likely to cause a serious political uprising before 2016."
As we reported back in August, the U.S. Army is preparing for civil unrest in the United States. A 132-page document entitled U.S. Army Techniques Publication 3-39.33: Civil Disturbances outlines how troops may be required to deal with “unruly and violent crowds” where it is “necessary to quell riots and restore public order."
In January 2015, Davos economist Robert Johnson made headlines when he revealed that the wealthy are buying secret boltholes as a hedge against global instability, warned in a subsequent interview that the elite are also afraid of more riots like those in Ferguson, Missouri. (video below)
The rich, the banks, the US Government itself are all preparing for "something" huge... they have been preparing but those preparations are now reaching a fevered pitch while everyday Americans are being told the "recovery" is going better than ever!
The bottom line here is billionaires and millionaires did not get that way by being stupid, they know the signs of financial collapse when they see them and their actions tell us the end is closer than we think.
