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Former White House Official Warns The World Is Dangerously Close To Collapse

 
Anonymous Coward
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01/02/2015 01:35 PM
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Former White House Official Warns The World Is Dangerously Close To Collapse
Today a former White House official and Plunge Protection Team member warned King World News that the world is dangerously close to collapse. Former presidential adviser and member of the U.S. President's Working Group on Financial Markets, Dr. Philippa Malmgren, also discussed why the world is so dangerously close to collapse and what can trigger it at any time.


[link to kingworldnews.com]
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01/02/2015 01:35 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
Turkmenistan Devalues Currency By 18%, Armstrong Warns Of "Economic Collapse On A Global Scale"
Anonymous Coward
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01/02/2015 02:11 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
No Shit, Sherlock???? What was your first clue??????
Anonymous Coward
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01/02/2015 02:26 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
No Shit, Sherlock???? What was your first clue??????
 Quoting: Anonymous Coward 64687721


...a yet I bet you could not explain WHY... more complicated than most think...
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01/02/2015 02:30 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
lol they have been saying that for the past 10 years.
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01/02/2015 02:31 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
Anonymous Coward
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01/02/2015 02:32 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
lol they have been saying that for the past 10 years.
 Quoting: Anonymous Coward 33483045


Have you been watching the charts? Yes, people have been saying it, and it would have, had the Fed not maniulated things. It no longer can. This year will be bad. I firmly believe that we are 2 months into a period that will break all hell lose within 4 months time. Normal deflationary depressions (which always prelude hyperinflation) normally run about 6 mnoths before circuits break down.
Anonymous Coward
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01/02/2015 02:33 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045


Currencies will tank, the US will be the last man standing, but this is the Weimar all over again. Some of you should be students of the Great Depression... and WHAT caused it, how the contagion was vectored, etc.
Anonymous Coward
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01/02/2015 02:34 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
so can we stop paying taxes now?
Anonymous Coward
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01/02/2015 02:36 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
The dollar will defy all logic and gravity, right up until the financials collapse, which will be swift. Expect dollar dominance to continue. Deflation is beginning, wherein cash will be king for asset purchases, then, massive inflation...
Anonymous Coward
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01/02/2015 02:40 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
so can we stop paying taxes now?
 Quoting: Anonymous Coward 33846789


I would think so and stop paying for your house and car too!
2012Portal
2012Portal - Mayan Beyond 2012

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01/02/2015 02:43 PM

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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
The dollar will defy all logic and gravity, right up until the financials collapse, which will be swift. Expect dollar dominance to continue. Deflation is beginning, wherein cash will be king for asset purchases, then, massive inflation...
 Quoting: Anonymous Coward 60823579


Right.
From the love of power to the power of Love - My camera and video gear:
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Anonymous Coward
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01/02/2015 02:45 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
so can we stop paying taxes now?
 Quoting: Anonymous Coward 33846789


I would think so and stop paying for your house and car too!
 Quoting: Anonymous Coward 52309196


those are paid for EXCEPT THE YEARLY TAXES
Anonymous Coward
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01/02/2015 02:51 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
so can we stop paying taxes now?
 Quoting: Anonymous Coward 33846789


I would think so and stop paying for your house and car too!
 Quoting: Anonymous Coward 52309196


those are paid for EXCEPT THE YEARLY TAXES
 Quoting: Anonymous Coward 33846789


Good for you, you have a lot less to worry about than most...
Anonymous Coward
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01/02/2015 02:58 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
I could see how collapse like this could lead to a police state. Banks are all defunct, most businesses collapse and most people are just wanting to survive. I assume the government steps in to distribute food. Certainly it would be rashioned, but how would it work? Maybe everybody get a mark of some kind, like a bar code they can scan when you get your food allotment? Sound familiar anyone?
Anonymous Coward
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01/02/2015 02:58 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
If you are paying for a car that has built in GPS services like Blue Link or OnStar, you should disable the antenna on your car. Car finance companies use the built in GPS service to remotely disable and recover your car.

Google how to disable for your model car
Anonymous Coward
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01/02/2015 02:59 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
The dollar will defy all logic and gravity, right up until the financials collapse, which will be swift. Expect dollar dominance to continue. Deflation is beginning, wherein cash will be king for asset purchases, then, massive inflation...
 Quoting: Anonymous Coward 60823579


Right.
 Quoting: 2012Portal


Which is exactly what is beginning to happen. Yes, the dollar will run up, and defy gravity, while everything else craters in price, due to dollar dominance... and while the people are singing in the streets, one day, it will tank 50% or more, and thus it begins...
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01/02/2015 03:04 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045




the matrix has to shift first.

TRUE peace. freedom. happiness. CANNOT. DOES NOT. exist with the current one...

Not only can these very simple things not exist in this world (currently) neither can the world of unlimited possibility that is about to open up to us as well. Magic. Immortality. Teleportation.

There is a whole lot more to it (what we are all participating in) than just telling somebody to go and change your life..
frippy

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01/02/2015 03:04 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
Eric King is full of crap.

He's been posting the same shite for 5 years.

He, like most "experts", don't know shit from shineola.
cultivating frippy
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01/02/2015 03:11 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
Eric King is full of crap.

He's been posting the same shite for 5 years.

He, like most "experts", don't know shit from shineola.
 Quoting: frippy


Lookup articles on:

U.S. President's Working Group on Financial Markets, Dr. Philippa Malmgren

Because this is what Dr. Malmgren is saying, along with Jim Willie, along with martin Armstrong, and a whole host of others. The numbers game has run out. The ONLY option left for the fed is to tank housing and commodities while hoping that excess money flows into purchasing and the markets. Yes, the fed WILL raise rates and crush commods and housing, to try and stimulate the consumer into buying "stuff"... this is the last ditch effort.
Anonymous Coward
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01/02/2015 03:14 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
lol they have been saying that for the past 10 years.
 Quoting: Anonymous Coward 33483045


Have you been watching the charts? Yes, people have been saying it, and it would have, had the Fed not maniulated things. It no longer can. This year will be bad. I firmly believe that we are 2 months into a period that will break all hell lose within 4 months time. Normal deflationary depressions (which always prelude hyperinflation) normally run about 6 mnoths before circuits break down.
 Quoting: Anonymous Coward 60823579


If you're off, it's only by a matter of months.
Anonymous Coward
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01/02/2015 03:21 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045


Currencies will tank, the US will be the last man standing, but this is the Weimar all over again. Some of you should be students of the Great Depression... and WHAT caused it, how the contagion was vectored, etc.
 Quoting: Anonymous Coward 60823579


The Yen has lost about 42% of it's value against the US dollar in the last 2 years. The Euro has gone from .72 to .83 in the last 6 months. The US WILL be the last man standing...and I expect the Yen to be the first to collapse.
Anonymous Coward
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01/02/2015 03:21 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
lol they have been saying that for the past 10 years.
 Quoting: Anonymous Coward 33483045


Have you been watching the charts? Yes, people have been saying it, and it would have, had the Fed not maniulated things. It no longer can. This year will be bad. I firmly believe that we are 2 months into a period that will break all hell lose within 4 months time. Normal deflationary depressions (which always prelude hyperinflation) normally run about 6 mnoths before circuits break down.
 Quoting: Anonymous Coward 60823579


If you're off, it's only by a matter of months.
 Quoting: Anonymous Coward 66614173


Nope, the US is still the leaders in the worlds technological production and innovations. People still need to purchase US tech and patients for tech building. This will become the backbone of the US economy during the year.

You still have about one more summer left.

Then carsh.
Anonymous Coward
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01/02/2015 03:24 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
lol they have been saying that for the past 10 years.
 Quoting: Anonymous Coward 33483045


Have you been watching the charts? Yes, people have been saying it, and it would have, had the Fed not maniulated things. It no longer can. This year will be bad. I firmly believe that we are 2 months into a period that will break all hell lose within 4 months time. Normal deflationary depressions (which always prelude hyperinflation) normally run about 6 mnoths before circuits break down.
 Quoting: Anonymous Coward 60823579


If you're off, it's only by a matter of months.
 Quoting: Anonymous Coward 66614173


Nope, the US is still the leaders in the worlds technological production and innovations. People still need to purchase US tech and patients for tech building. This will become the backbone of the US economy during the year.

You still have about one more summer left.

Then carsh.
 Quoting: Anonymous Coward 19027718


No, I doubt it. Things are spiraling out of control globally. Building? Who builds when economies shrink and crumble? Most hole up 2-3 families per structure when times are bad. There is no backbone, but part time labor, which actually contributes to wage deflation and economic shrink.
Anonymous Coward
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01/02/2015 03:24 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045


Currencies will tank, the US will be the last man standing, but this is the Weimar all over again. Some of you should be students of the Great Depression... and WHAT caused it, how the contagion was vectored, etc.
 Quoting: Anonymous Coward 60823579


The Yen has lost about 42% of it's value against the US dollar in the last 2 years. The Euro has gone from .72 to .83 in the last 6 months. The US WILL be the last man standing...and I expect the Yen to be the first to collapse.
 Quoting: Anonymous Coward 66614173


Sounds plausible, this is evident because China is able to see production orders slow down from the western world.

The slower the orders are made, the more they spend on the Chinese military.
Anonymous Coward
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01/02/2015 03:27 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045


it certainly will wipe-out all the $30,000 credit card debts, though.


dance
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01/02/2015 03:29 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
...


Have you been watching the charts? Yes, people have been saying it, and it would have, had the Fed not maniulated things. It no longer can. This year will be bad. I firmly believe that we are 2 months into a period that will break all hell lose within 4 months time. Normal deflationary depressions (which always prelude hyperinflation) normally run about 6 mnoths before circuits break down.
 Quoting: Anonymous Coward 60823579


If you're off, it's only by a matter of months.
 Quoting: Anonymous Coward 66614173


Nope, the US is still the leaders in the worlds technological production and innovations. People still need to purchase US tech and patients for tech building. This will become the backbone of the US economy during the year.

You still have about one more summer left.

Then carsh.
 Quoting: Anonymous Coward 19027718


No, I doubt it. Things are spiraling out of control globally. Building? Who builds when economies shrink and crumble? Most hole up 2-3 families per structure when times are bad. There is no backbone, but part time labor, which actually contributes to wage deflation and economic shrink.
 Quoting: Anonymous Coward 60823579


You need to build for war.
Anonymous Coward
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01/02/2015 03:30 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
lol they have been saying that for the past 10 years.
 Quoting: Anonymous Coward 33483045


people also sais to the Jews and Ukrainians and Pols and Czechs to leave but they didn't see it either UNTIL they woke up with soldiers at their doors taking their wives and children..... then they remembered they should have left earlier--- same here----- prepare in advance---- so there is no surprise----
Anonymous Coward
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01/02/2015 03:31 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045


it certainly will wipe-out all the $30,000 credit card debts, though.


dance
 Quoting: Holy Cow!_33


Let's logically think this over. Do you REALLY think for one moment that the financial institutions will take a loss? Come now. Since when has the 99% little guy, making an honest living, been given a "gift"? Even when AIG and Lehman tanked the hand outs by the Fed were enormous. Then you have GM, Fannie/Freddie, etc. TARP, QE(X+1), etc.
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01/02/2015 03:33 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045


it certainly will wipe-out all the $30,000 credit card debts, though.


dance
 Quoting: Holy Cow!_33


Let's logically think this over. Do you REALLY think for one moment that the financial institutions will take a loss? Come now. Since when has the 99% little guy, making an honest living, been given a "gift"? Even when AIG and Lehman tanked the hand outs by the Fed were enormous. Then you have GM, Fannie/Freddie, etc. TARP, QE(X+1), etc.
 Quoting: Anonymous Coward 60823579


yeh. i guess they're gonna chase us to the Gates of Hell. huh.

.
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01/02/2015 03:34 PM
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Re: Former White House Official Warns The World Is Dangerously Close To Collapse
nothing is going to happen, collapse isnt going to save you from the life you dont like. you are going to have to change your life into the one you want.
 Quoting: Anonymous Coward 33483045


it certainly will wipe-out all the $30,000 credit card debts, though.


dance
 Quoting: Holy Cow!_33


Let's logically think this over. Do you REALLY think for one moment that the financial institutions will take a loss? Come now. Since when has the 99% little guy, making an honest living, been given a "gift"? Even when AIG and Lehman tanked the hand outs by the Fed were enormous. Then you have GM, Fannie/Freddie, etc. TARP, QE(X+1), etc.
 Quoting: Anonymous Coward 60823579


yeh. i guess they're gonna chase us to the Gates of Hell. huh.

.
 Quoting: Holy Cow!_33




No, you basically retool the currency so that you owe the same or more. Either that or reinstitute debtors prison... ;)





GLP