"The Best Mix Of Hard-Hitting REAL News & Cutting-Edge Alternative News On The Web"
May 18th, 2016
As 'Preppers Nightmare' Comes To Life, More Proof Emerges They're Preparing To Bring It All Down - 'It's Just A Matter Of Time, That's A Guarantee' Financial Experts Warn - 'Can This Possibly End Well?'
The stories over at Zero Hedge and SHTFPlan this morning tell us what we'll never learn from the rapidly collapsing mainstream media. At SHTFPlan we're told that Venezuela has suddenly become a 'prepper's nightmare come to life' and we're reminded that only two years ago, Venezuela was a 'normally functioning nation' with a standard of living higher than most developing nations. We're reminded that Venezuelans could afford the basic necessities in life while also being able to purchase a few luxury items. Now, less than two years later, we see via a story at the Daily Mail that Steve Quayle linked to this morning that Venezuela has become a perfect example of a socialist nation that has collapsed. We're told that preppers can learn a great deal by watching what happens there next as America is not far away.
Over at Blacklisted News we see why there is such great concern. We are now witnessing the fastest selloff of US debt since 1978 with Central Banks across the world dumping US debt at a record pace. So far this year alone, the global debt dump has reached $123 billion and as we learn in the 1st video below from Greg Hunter featuring Rob Kirby, they are preparing to kick the US dollar off its perch, "it's just a matter of time...that is a guarantee" Kirby tells us. In the 2nd video below from the X22Report we're given more that it may be sooner than later and much sooner than most Americans expect.
Over at Zero Hedge we get proof that someone REALLY WANTS this market to come crashing down with 'someone or someones' rushing to allocate capital towards the expectations that there will be a future volitility surge as was first pointed out three weeks ago when Tom McClellan pointed out that "VIX futures ETF extremely popular now. Can this possibly end well?"
We are confident that if Goldman was surprised how many investors in the VIX ETP market disagreed with Goldman's 'low vol' call three weeks ago, it will be absolutely shocked now. Because what the charts show is that someone really wants this market to crash, and is putting their money where their mouth is.
Ironically, that is precisely what Goldman - until recently very bullish on stocks - warned just this weekend may very well happen.
In the lastest story over at King World News we learn that Trends Forecaster Gerald Celente has just released his most important 'trend alerts' of 2016. Telling us that 'the fuse has been lit on the equity markets timebomb' that is about to explode, we're also told that investors have been pulling more than $90 billion out of global equity funds since the beginning of 2016 and 'there is growing panic in the streets'.
In a story that Steve Quayle recently linked to over at The Government Rag we're told about the 'coming catastrophic collapse of the American middle class' and told that those still 'sleepwalking through reality' will likely finally only see the collapse as the Japanese people did when the nuclear bombs went off: when it is already far too late to do something about it. From their story:
Where We Stand Today
The United States at this moment is totally and unquestionably bankrupt. It is in a state of prolonged bankruptcy as this government continuously, around the clock, borrows money. Some 'money' borrowed from recycled foreign reserves at interest, which are reused again as spending and some money from domestic investors looking for a fixed income over the life their "loan" and some 'money' from the Federal Reserve acting as a "buyer of last resort" of bonds, producing new money out of thin air and yet receiving real interest. According to Simon Black ,
The governments own numbers show that official liabilities, including debt held by the public and federal retirement benefits, total $20.7 trillion. n total, their net worth is NEGATIVE $17.7 TRILLION a level that completely dwarfs the housing crisis. If you include the governments own estimates of the Social Security shortfall, this number declines to NEGATIVE $60 TRILLION.
And it gets worse every year.
Meanwhile, over at the Economic Collapse Blog, Michael Snyder tells us why America is already in huge trouble with some Americans having to work 60-hour weeks at 3 different jobs and still living paycheck to paycheck. As we see learn in the final video below called 'Scenes from the Venezuela Apocalypse', what is now happening to Venezuela isn't that far off from what we may soon be seeing in America as the economy continues to tumble and Americans are left behind and in pain.
The story over at the Daily Mail from Venezuela gives us a look at the country in collapse from the inside of one hospital where there is no electricity, no running water, no beds and no soap. We're told that 7 babies die every day there, and bleeding patients lie on the floor where doctors operate without surgical tools. A horrible and ongoing tragedy in a nation where only two years ago they had luxury, is what's happening in Venezuela coming to America as Infowars suggests? As Kirby tells us here, the end of the dollar and the resultant chaos is only a matter of time.
