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The realization of the end of this world sets in — Governments Will Start Panicking As Chaos & Crisis Accelerates
Greetings,
I don’t think that many in the black community here in America, realize that America is falling. I don’t think that most of the black community here realize that this is not only the fall of America, but this is the collapse and destruction of the old world order of the white world based on lies ,deception, murder, exploitation, and white supremacy.
They better quickly wake up. The time is definitely at hand. The signs are crystal clear. Those in the know are starting to tell their secrets. Panic is setting in. Dissatisfaction and gloom is the atmosphere covering the old world and its people.
They know that…”The old world must be removed to make way for the new world. There is a universal struggle being waged by the old world against the beginning of the new world. Will the old world’s opposition prevent the establishment of the new world? According to recorded history, the efforts being made by the old world against the beginning of a new world will fail as did former opponents of Allah. “–pg.43(tfoa)
We know this & history bares us witness that…” The opposition of that world to the advent of a better world was a total failure. So shall it be with those today who oppose the beginning of a new world of righteousness (Islam.)”–pg.43(tfoa)
Their hearts are now terrified over what is here for them & their world…” We must not forget how we are warned by prophecies for one hundred years and for one thousand years that an end must come to his world.
The rulers of this world must be removed and the crown must be taken off and placed upon another head, and they will rule in justice and righteousness.
The people of this world have now become so wicked and so fearful of the consequences of their own rule until the almost thoughtless vision is gone, and fearfulness has taken hold of the people.
Their head is going to and fro to the nations of the earth to find a way of peace between the heads of the nations. “A Great Time! A Troublesome Time! A Terrible Time!”
The hearts of the people all begin to weaken and to fail because of what is going on and what they see is coming!”–pg.192(tfoa)
Governments Will Start Panicking As Chaos & Crisis Accelerates
Source: http://kingworldnews.com
Greyerz: “The outcome (of all of this) will be more debt, more printed money, and more misery for the masses. Remember that US debt was $10 trillion in 2008 when the crisis began and now it’s $17 trillion. And the Fed’s balance sheet was $900 billion in 2008 — it’s now at $3.6 trillion….
“On top of that, personal credit (in the form of) car loans and student loans is growing exponentially. Every year now the US debt is going up by at least $1 trillion. In addition to that the Fed is expanding its balance sheet by another $1 trillion each year. This means that the US government is currently printing $2 trillion per year.
But, Eric, this is just the beginning. As the problems in the US and the world economy start to deteriorate in 2014, I could easily see US borrowings and the Fed’s balance sheet expanding by several trillion dollars. Eventually it will be much more than that (trillions of debt) as the dollar falls, interest rates rise, and the hyperinflationary economy starts.
But the printing of money will not have any effect (on the economy). The central banks’ policies have caused debt to expand exponentially. This has greatly enhanced the wealthy, and given the masses the illusion that they are better off, when all they have is a massive debt that can never be repaid. If we just look at the richest 1% in the US, they have an average of 20% debt vs assets. But the masses, 80% of the people, have 90% debt vs assets. This, of course, doesn’t include government debt that is also the people’s debt.
The implosion of this debt will be extremely unpleasant for the world. So I am sad to say that it will be a horrible time that the world is going to go through. It will take a very long time to unwind all of this (debt), but the start (of this unwind) could be very quick. In my view we will see a very long decline.
Looking at markets, Eric, the stock market will most likely continue to reflect the money printing for another few months. This is typical at the beginning of a hyperinflationary period. Just since 2009, the S&P has gone from 900 to 1600. During that time the Fed’s balance sheet has gone from $2 trillion to $3.6 trillion today, and government debt has gone from $10 trillion to $17 trillion.
And in the gold market we are now seeing major banks saying that gold is going down. Both Goldman Sachs and Credit Suisse pronounced that gold is a slam dunk ‘sell,’ and (they said) it’s going down to $1,000. These guys get bullish when gold is high, and bearish when it’s low. They never predicted the long-term bull market in gold.
Of course this bull market in gold is this bear market in paper money. In my view we are now on the verge of breaking out in the precious metals and we will see a very strong rise starting soon, and continuing into 2014. My targets are still for $2,500 for gold and $70 for silver in 2014. The crisis is here. There is no solution. All we will see is governments panicking and throwing money at it without actually solving the problem.”
IMPORTANT – The information above is only a small portion of what Greyerz had to say in his extraordinary audio interview. The KWN audio interview with Egon von Greyerz discussing financial collapse, a coming flight to gold and silver, the end game and more will be available later today and you can listen to it by CLICKING HERE.
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The audio interviews with Bill Fleckenstein, David Stockman, Robin Griffiths, Jim Grant, Gerald Celente, William Kaye, Dr. Paul Craig Roberts, Chris Powell, Michael Pento, Eric Sprott, Andrew Maguire and Grant Williams are available now. Also, other recent KWN interviews include Marc Faber and Felix Zulauf to listen CLICKING HERE.
Eric King
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