September Will Bring the Sound of Banks Crashing. After That, the Crackle of Gunfire.

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posted on Aug, 9 2013 @ 08:49 AM
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reply to post by cpdaman
 


China has built up huge leverage on USA by buying up US paper.

China is threatening every neighbor nowadays - Japan, Philippines, Vietnam, India that does not agree with its aggressive posture, while Uncle Sam looks the other way.

China is massively building military facilities and buying modern weapons but nobody cares. USA is too busy worrying about an inconsequential Syria or a North Korea.

The most worrying part is that US is unable to fix its house due to political logjam and inaction.

It seems that US will get into fight with Syria and Iran soon. This will put even more pressure on US economy while creating more enemies of USA.

The biggest sign of a catastrophic decline of an empire is when all it wants to do is fight wars. I worry this is happening already with USA.




posted on Aug, 9 2013 @ 12:26 PM
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China however is still very dependent on us consumers and vice versa. But u are right about china getting agressive w various countries. I dont think china wants to F w us that bad, but well see



posted on Aug, 9 2013 @ 01:18 PM
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Originally posted by alienreality
If corrupt officials begin stealing pensions, it is because they made some deal to receive a kickback for helping making it happen.. This should paint a big fat bull's-eye on these people that aid and abed this kind of crime. Of course those doing it will find a way to make it legal first before doing it, but if they do this they deserve to get what's coming to them.

If everything does go south, and cops start gunning for people, as soon as reports of civilians being killed by cops start coming in, will be when all officials and police will become public enemy number one, and people will begin hunting them down and shooting them on site.. Do I like this happening? Absolutely not. But when you get news of your Niece, or someone's grandson being shot by a swat team whether by accident or not, people will take up arms and be in such fear that they will be gunning for politicians and anyone in uniform carrying a weapon. This is what really scares me about such a scenario taking place, and I really hope it never happens.

Politicians and LEO's should start considering this before allowing themselves to be caught up in the whirlwind of stupid.. (Except 99% of our leaders and politicians have already been caught up in that whirlwind of stupid) Or we wouldn't be in the mess we already find ourselves in.




**********************************************QUOTE
"If corrupt officials begin stealing pensions, it is because they made some deal to receive a kickback for helping making it happen.. This should paint a big fat bull's-eye on these people that aid and abed this kind of crime. Of course those doing it will find a way to make it legal first before doing it, but if they do this they deserve to get what's coming to them"
**********************************************end quote..


There's another scenario to consider .......... THE BIG BLUFF....... I'm talking about the ever so feared "TPTB"

As long as they can get this much action in their favor, their plans going to be mostly successful. Once the world wakes up to the fact that all they have going for them is 'WORD' as in the media as an instrument of fear, and people look around and finally
TOSS the frigin TVs out the _ then that is the time their power hold will be broken. And with no ability to influence, but rather hatred directed towards them............. ALL THEIR POWER IS LOST.....

ALL you people need do is 'Take the time to analize and Think" The truth is only hidden by a thin Veil of TPTB. They are NOT Gods, they are able to be taken down, we the public only need the incentive.!
edit on 9-8-2013 by Plotus because: (no reason given)
edit on 9-8-2013 by Plotus because: (no reason given)



posted on Aug, 9 2013 @ 02:27 PM
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Originally posted by TheToastmanCometh
To add to the op, i'm notsure if the prophecy is true, but it also sounds similar to the 77 countdown on pronounciation book.

Coincidence?


Which also cooresponds to the annual High Holy Day called the "Last Great Day" (Shemini Atzeret in Hebrew). For those who are followers of the Bible's commands. The 78th day is Shemini Atzeret or "The Last Great Day" in English.

God Bless,



posted on Aug, 9 2013 @ 04:43 PM
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Originally posted by METACOMET
This is from the blog of Author James Howard Kunstler. The commentary is a dramatic account of bank failures and market crashes this fall. It's also great doom porn with a short time frame prediction so I thought ATS might enjoy the read.



The roar you hear in the distance this September will be the sound of banks crashing, followed by the silence of business-as-usual grinding to a halt. After that, the crackle of gunfire.

Historians will remark that it was a beautiful August with bright days and cool nights for sleeping, and the Hamptons were ablaze with self-satisfied egos, and that nobody was paying attention to all the mischief that was set in motion the previous spring, not to mention the many seasons of bad behavior that preceded it. And when they returned from vacation, lo, the world was in crisis. What a surprise.

Anyway you look at it, there is no escape from the looming crisis of confidence. The “primary dealer” banks and commodity exchanges behind the spring gold smash are out of tricks and out of gold to play tricks with. Meanwhile, over in the land of paper wealth, the interest rate on the 10-year US Treasury bond clicks up a basis-point here, a basis-point there, like a remorselessly rising sea level...


Some may claim that Kunstler's prediction, with no figures or charts presented, is just doom and gloom fantasy, just something entertaining to read. Others may claim that Kunstler's prediction of a market crash is a mathematical certainty.

Perhaps both are correct. Enjoy.
(Full Article) *Fixed link- Thanks dustytoad
Full Article
edit on 7-8-2013 by METACOMET because: fxlnk


Wouldn't a mathematical certainty have a few figures and charts?



posted on Aug, 9 2013 @ 07:02 PM
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I'm a gold buyer at $1,250, silver at $18.50...

I do believe there is trouble ahead. As a Realtor (in 3 states -- CA, TX and WA), I am keenly aware of the number of bank-owned properties NOT on the market. Not only are these non-performing assets, they require a further investment by the holder to maintain, pay property taxes, and insure.

The banks can't simply dump all of these properties on the market at once, that would create a crash that would make 2008 look like a day at the beach. There are little or no TARP assets left to "bail out" these banks. At a certain point, especially in places like Southern California, the liability these assets are going to become for some banks is going to create an avalanche of bank failures and my bet is that will happen faster than the Fed's can act.

Here in the greater Puget Sound region the market is actually pretty good at the moment, but we never took the Big Hit most other metro areas did (Texas escaped too, for the most part). But I don't trust it. Almost all the new construction in these parts is either commercial or multi-family. To me, that's a red flag: builders, in my experience, have a sixth sense about what's coming down the road and they are not building (many) single-family houses.

I could be wrong. This firming up of the market might have legs, but the thing that makes me think it won't is that the banks aren't lending. Interest rates are fairly low, but the number of qualified buyers is too.

If the scenario I have described pans out, we're in Big Trouble!

I hope I'm wrong...
edit on 9-8-2013 by SBMcG because: Spelling, Grammar



posted on Aug, 9 2013 @ 09:38 PM
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reply to post by SBMcG
 


You are right.

The government is forcing the banks to hold on to these properties. The banks are benefiting from easy money policies (government is buying bonds held by these banks at par). The government is also letting the banks make money through other avenues. So banks are happy.

Banks will be forced to liquidate the properties if the government stopped buying its own bonds. That will happen in due time, by design or accident.



posted on Aug, 9 2013 @ 09:46 PM
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we all wether willing or not play into the scheme of the new world order, by beleveing the crap on tv or on the radio, i have heard for several years a quote, " a october surpise" they came and went, nothing happened, the point i am trying to make is this,, and i quote from JESUS ,, no man knows the day except my father who is in heaven ,,, so those that have a date i take it with a grain of salt



posted on Aug, 9 2013 @ 09:55 PM
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reply to post by spiderpuppy
 


You are right my friend. Humans have limited wisdom and humans make mistakes.

There will be wars and revolutions as our society runs on greed, hatred, slavery etc. There will be natural disasters as we have exceeded mistreatment of our planet than its natural ability to balance itself.

Nothing that wipes out entire humanity.



posted on Aug, 9 2013 @ 10:21 PM
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Originally posted by cpdaman
China however is still very dependent on us consumers and vice versa. But u are right about china getting agressive w various countries. I dont think china wants to F w us that bad, but well see


I really don't think that China is ready to risk all its economic development for a large war, yet. However, I will say that Nationalism is on the rise within the region, in addition to an increase in dissatisfaction with governance. This is worrying as it has the potential to cause much insecurity within the region.


China is also attempting to increase its hegemony within the region, and in my opinion this has a strong potential to result in conflict – India and China or Japan and China, or even possibly Vietnam and China. China does not have the potential to replace the US within the region as a provider of security. Most nations within the region have bi-lateral security agreements with the US. Only Cambodia and North Korea are patron states of China.


Cambodia recently had national elections with the results being called into question. Cambodia’s incumbent Prime Minister, Hun Sen, has been in office since the Vietnamese led the overthrow of the Khmer Rouge. For the first time since then his iron rule over the country has been challenged. China has openly declared its support for Hun Sen. The US has threatened to end aid if the elections are not free and fair, which of course they weren’t. The opposition campaigned on the slogan of “change, or no change”. It was very popular. Public protests loom, and there is the potential for civil unrest.



posted on Aug, 9 2013 @ 11:19 PM
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Originally posted by GargIndia
reply to post by SBMcG
 


You are right.

The government is forcing the banks to hold on to these properties. The banks are benefiting from easy money policies (government is buying bonds held by these banks at par). The government is also letting the banks make money through other avenues. So banks are happy.

Banks will be forced to liquidate the properties if the government stopped buying its own bonds. That will happen in due time, by design or accident.



BINGO!

Which all boils down to the biggest bottle-neck in the under-supply of capital and over-supply of static assets since 1929.



posted on Aug, 10 2013 @ 11:05 AM
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reply to post by deessell
 


China may not want to go to war with USA, but vice versa is still possible.

A North Korea/South Korea or a China/Japan conflict has the potential to draw in USA.



posted on Aug, 10 2013 @ 11:08 AM
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I think the biggest risk right now is the collapse of petro-dollar as big oil consumers go in for bilateral arrangements in non-USD currencies.

We need to see how this turns out.



posted on Aug, 23 2013 @ 05:56 PM
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Originally posted by GargIndia
I think the biggest risk right now is the collapse of petro-dollar as big oil consumers go in for bilateral arrangements in non-USD currencies.

We need to see how this turns out.


you know we have heard rumors of this for a while, i am skeptical this will be politically doable without the consequence of facing the U>S military response. At least until the latest finanical bubble bursts, when this collapses as i'm afraid it more than likely will, another "bretton woods" currency system may be put in place and the petro dollar may not be at the top. And if you think America has been aggressive before i think they would put a shock and awe campaign on that many country's would fear if they decided to really protect this petro dollar to the end, because it sort of allows america and the fed to dicate monetary policy for the world and allows us some what of a free lunch, so the current power structure in wall street and washington definitely benefits greatly from it.

AS far as the alarming headline, You know that i have followed this finacial crash of 2007 very closely, i learned alot in the process wrt to how much a co-ordinated global central bank policy can trump economic fundamentals and how easy money, debt leveraging, and so on can reflate asset classes from the brink of collapse. SO i guess what i'm saying is i'm impressed by the global central bank policy to reflate assets. Alot of people right now are not fully understanding where the FED is WRT to monetary policy and the SEVERITY of the Corner they are getting backed into.

I could go on and on for several pages about the current monetary policy why i think they brought up the "QE taper talk" where it's going from here and how i think many can take advantage of it WRT to scooping up certain assets cheap and blah blah blah. But i think the MAIN point that would effect nearly everyone HERE is that right now (and the pundits can readily admit this as the financial system and it's sucess is a bit of a "confidence game") the markets are HEAVILY DEPENDANT on QE to INFINITY at least wrt sustaining current asset prices. This is not being mentioned directly in the MSM because to be honest it would show how FRAGILE our recovery really has been. Off the record the GOAL of QE for the fed was to reflate housing market and reflate stock market (and bond market), and basically keep this economy from entering a "DEATH SPIRAL". Our consumer economy is dependent heavily on disposable income being spent on stuff we really dont need and many of our jobs are dependent on people doing this. If it wasn't for QE IMO we would have seen a reinforcing cycle of falling asset prices (houses/stocks/bonds) more layoffs, more delinquent mortgages, consumers paralyzed with fear, and then more layoffs, and so on and so forth. There is not a BACKBONE of manufacturing and productivity for this country to fall back on so there really is no FLOOR on the depths the GDP will plunge.

I do not think the fed is stupid and i don't think they want to crash the economy and if i think that then i am left to reason that the only reason they mention the taper talk wrt monetary policy for 2 reasons. 1. is to take the political pressure off them when bubble bursts (and say look we tried to take gas off breaks but the underlying strength in economy wasn't there to due to a failure of fiscal policy) 2. I think (and bernanke and the fed reserve board spoke about this at length several times before they mentioned that "taper" word) that they were trying to let EXCESS "froth" out of the markets. i.e unsustainable rises in speculation in various asset classesand by mentioning taper they adjusted the markets fwd expectation of monetary policy critically and the froth was drawn out...HOWEVER they didn't do this because the economy was strong....BC they KNOW it's NOT....their tools are not designed to strengthen the "core economy/jobs" picture. THE unemployment rate TODAY would be 11.2 % IF the forumula for unemployment didn't take several million job seekers who didn't find jobs after several months OUT OF THE workforce and thus out of the unemployment calculation altogether. YES that is actually what happend. Not to mention of the jobs that were created the vast majority (with an assist from obama care) are 30 hrs or less (part time). The FED KNOWS this. Going forward you hear all this talk about tapering starting in September and this and that. There is NO WAY this can or will happen it would make the fed looks like FOOLS because the market would see the First cut in QE as not one step but they would look to extrapolate this into future QE cuts and price in the END of QE. That would DESTROY assets values and send shockwaves thru the financial system and cause a financial crisis due to massive loss of asset values and untold derivative bombs blow up and it's really just being Talk'd about due to...........



posted on Aug, 23 2013 @ 06:07 PM
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a continuation of the fed trying to keep markets from getting overly "frothy" and thus suseptable to a crash. The fed KNOWS that this next crash is going to be particularly devastating. And if the self reinforcing cycle of layoffs and less spending gets going (thru in mortage delinquency's) there may be no real way to get america out of that spiral because there is no real solid backbone to the employment in america that consists of manufacturing and productivity it is a consumer economy. The fed i think it gonna use forward monetary policy expectation thru communication (taper talk) to steer monetary policy...this is what last years first speaker at jackson hole talked about and the fed has decided to implement it. Just the mention of "taper talk" sent QE dependent markets reeling and the economy is right now in a artificial recovery that is actually full of doctored GDP numbers and more doctored Unemployment levels papered over by a leviated stock market and housing market. Take away QE and we are DONE. The fed is probably IMO going to dangle the taper talk in front of markets for several months, pushing it back constantly, and this will be effective for a while because thru aggressiveness of language they can induce enough emotion (fear) to get unusustainable rises in prices out of markets at least until the markets realize the fed is full of crap and CANT TAPER. The fed i think will play this game and so long as they can keep the 10 year bond from rising too far.

IN short QE taper is bull and the markets are so heavily dependent on it that i think (and i think you should PRAY) that the fed keeps the QE going because without it this economy has a good chance of entering a "death spiral" and there really is not saftey net or floor on how bad it can get wrt unemployment, and recession/depression in this consumper economy dependent on spending and confidence. Also anyone with a job that is dependent on consumers spending disposable income should seriously consider changing their field or having plans to at least relocate /move in with family/friends that have a house paid off and ability to pay property taxes. I think the fed can keep this game going another couple years MAX, probably less and when the game ends, it ends very very badly and no matter how much you dislike the current regime you should not be disillusioned to think "the current unfair system crashing down" crash would make anything better for you and me, it will be the opposite. I would prepare now. If i am wrong and they taper in september and the markets and world will be watching the FOMC fed meeting on SEPT 19, then all hell will break out in asset markets.



posted on Aug, 23 2013 @ 07:05 PM
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reply to post by cpdaman
 


I say quit the QE games. It is pretty obvious the only ones benefiting from these games is the top .1%
Their wealth continues to grow while everyone else's is stagnating and declining because of their disastrous policies.

Why would anyone in their right mind support these fascists policies?

Those people that are benefiting from these policies would say we would get reduced to third world status if these games ended.
Really? That would be, because the parasites at the top would ensure the gravy train would continue on for them at everyone else's expense.

They would point to third world countries as examples for our predicament, where we live in a land with plenty of resources and space but fail to mention all the first rate world countries that seem to be doing just fine without stealing from their own people.

The problem with third world countries is the corruption endemic at the government level and those in bed with them.
So, how are we different from those countries if our petro dollar ended and the QE games ended?



posted on Aug, 23 2013 @ 07:09 PM
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Originally posted by cpdaman

IN short QE taper is bull and the markets are so heavily dependent on it that i think (and i think you should PRAY) that the fed keeps the QE going because without it this economy has a good chance of entering a "death spiral" and there really is not saftey net or floor on how bad it can get wrt unemployment, and recession/depression in this consumper economy dependent on spending and confidence. Also anyone with a job that is dependent on consumers spending disposable income should seriously consider changing their field or having plans to at least relocate /move in with family/friends that have a house paid off and ability to pay property taxes. I think the fed can keep this game going another couple years MAX, probably less and when the game ends, it ends very very badly and no matter how much you dislike the current regime you should not be disillusioned to think "the current unfair system crashing down" crash would make anything better for you and me, it will be the opposite. I would prepare now. If i am wrong and they taper in september and the markets and world will be watching the FOMC fed meeting on SEPT 19, then all hell will break out in asset markets.


Also, the end game you speak of seems to align right with Agenda 21 and Sustainable Development.
Their end game polices (stagnating wages) will force people to reduce their ecological footprint and pile in the cities with many under one roof while they will not be effected.



posted on Aug, 25 2013 @ 05:11 AM
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Originally posted by RedShirt73
One question that's been bugging me lately. The US government is saying that their in a recovery as we can hear all over the MSM and from the political meatslabs. Yet there are cities/towns in the US that are going bankrupt??? I may have just had a stroke or I might be alittle slow on the uptake but this doesn't sound like a recovery more like the beginnings/early stages of a major collapse. Can someone please explain this to me???
edit on 7-8-2013 by RedShirt73 because: (no reason given)



I'm from Singapore and been watching world developments closely.

It's funny how mainstream media giants like Bloomberg and Reuters keep spinning rosy pictures despite the dire economic figures coming out from many angles.

Situation is not that much different here in Singapore as people I know (natives / locals) remain jobless and underemployed.



posted on Sep, 23 2013 @ 08:19 PM
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Better stock up on toilet paper, it'll be the next form of currency.
Just imagine an entire neighborhood completely out of TP, they'll pay you in Gold for a few precious squares.
edit on 23-9-2013 by Visitor2012 because: (no reason given)





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