It looks like you're using an Ad Blocker.

Please white-list or disable in your ad-blocking tool.

Thank you.


Some features of ATS will be disabled while you continue to use an ad-blocker.


17 Quotes About The Coming Global Financial Collapse That Will Make Your Hair Stand Up

page: 1

log in


posted on Nov, 23 2011 @ 11:13 AM

Is the world on the verge of another massive global financial collapse? Yes. The western world is drowning in an ocean of debt unlike anything the world has ever seen before, and our financial markets are gigantic casinos that are dependent on huge mountains of risk and leverage remaining very stable. In the end, this house of cards that has been built on a foundation of sand is going to come crashing down in a horrifying manner. Usually in this column I go on and on about why things will soon get much worse. But today I am going to take a bit of a break. Today, I am going to let some of the top financial professionals in the world tell you why things will soon get much worse.

I think this article found the right title. THis is hair-raising, this financial collapse we are facing head-on. One thing that the article points out is that so many are like the cliche "deer in the headlights".

Hope this helps a few deer get out of the way.

In the user comments at the bottom of the article a user posts an interesting comment. I'll share it here so that it does not get lost in the crowd.

I don't know, is it a rule that I have to have a question to you all to post? I just think this is worth reading and considering, now.

Here is the user comment:

This may seem cliche’, but I wanted to share this personal story with you guys. A “friend of the family”, who is a retired “fed” consultant and has intimate knowledge of global financial systems has been harping on us for the last few years to invest in gold and precious metals, but said something shocking in a conversation yesterday. He is no longer investing in any precious metals and has advised us to invest as heavily as we can in personal commodities, ie: food, firearms, non-gmo seeds, manual implement tools, hand tools, etc…. This type of advice is so out-of-character from this guy, and he was so very serious that it really made me listen. He was also very reserved in the sentiment that this may be the last Thanksgiving that our extended-family can spend together for some time. Like I said, this gentleman has been giving our family very sound financial advice for over 30 years, and this is the first time we have seen this type of reaction to current events. Likewise, he thinks we’ll skate through this holiday season but feels things will drastically start to unravel after the first of the year. Again, I’m not trying to reign down with doom and gloom, but I was so taken back with the seriousness and scale of this conversation that I felt I had to share it with Micheal and his readers. May God bless you and all your families this holiday season.

edit on 23-11-2011 by SunnyDee because: (no reason given)

posted on Nov, 23 2011 @ 11:35 AM


posted on Nov, 23 2011 @ 11:55 AM
Some pretty scary quotes there, good find. I like this one best "Jim Reid of Deutsche Bank: "If you don't think Merkel's tone will change then our investment advice is to dig a hole in the ground and hide."

posted on Nov, 23 2011 @ 03:29 PM
When government is run by corruption, hypocrisy, inanity and trickery, (CHIT) the end result can only be the present scenario, the two party system only makes it worse, as people feel obliged to go down the traditional way and vote for the same party no matter what. You CAN blame politicians for what's happening since they are too cozy with big business and the money-go-round and know what's going on in advance. Only the few honest ones will speak out, the last labour chancellor, Alastair Darling warned in 2008 that it was going to be as bad as it could get, so did Ron Paul who is into economics.
The washed out plebs mostly ignored the remarks as some kind of spin, and fellow politicians admonished them for breaking ranks. So, people have themselves to blame too for not being observant enough, and not listening to those that have the right track records, as opposed to so many of those that reach high office when nobody had ever heard of them before. Tony, (oily) Blair, G.W.Bush, (well he was known to the police) Bill Clinton, okay, not a total Dickhead, just mostly Dick. People now need to forget about being great party bangers and vote for the person, no matter what party to make quality government. A good start for America would be to kick out FRB, and only vote for those who promise to do that.

posted on Nov, 23 2011 @ 10:09 PM
reply to post by SunnyDee

Funny thing is, I saw this exact same quote on a thread about 6 months ago-"a friend of the family who is a "Fed" consutlan, yada yada, yada... even down to the change in things to purchase, from gold and silver to survial items, so how old is this article?

top topics

log in