Skousen: The Collapse that didn’t Come in September — The Shemitah ended; Cahn’s predictions were not true • Snyder and others didn’t just predict that there would be stock market setbacks, they all used the word collapse, and that hasn’t happened

Joel has often stated that the globalists intend to not let a major collapse happen, so the frogs will stay in the pot until it boils, when Russia/China EMP and Nuke US. An economic collapse would awaken the boiling frogs, which they can’t let happen. The USA must be taken out for their one-world government to take place.
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World Affairs Brief, October 9, 2015 Commentary and Insights on a Troubled World.
Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).
This Week’s Analysis:
NATO’s Hollow Challenge to Russia in Syria
Israel Suddenly finds ISIS in its Midst
Why the US Story on Afghan Hospital doesn’t add up
Expedited Citizenship for Refugees
The Collapse that didn’t Come in September
The Battle for House Speaker
[…]
THE COLLAPSE THAT DIDN’T COME IN SEPTEMBER
September came and went without any of the predicted collapses. It is true that stocks took a tumble in late August, but the FED intervened with the secretive Plunge Protection Team and the DOW is back to its previous level. The blood moons never materialized either. Some of the collapse predictors are still holding out for December. We’ll be watching.
Very few of the collapse predictors ever admit they are wrong—in particular, Lindsay Williams, who has been predicting imminent collapse since 2011. Jonathan Cahn’s book, The Harbinger, was based on the Shemitah and the Blood Moons predictions from Jewish tradition. When nothing happened on either date, he explained away his failure thusly:

I have given warning concerning judgment. I have said that I believe America is rapidly advancing toward calamity – that we have crossed the line in our apostasy and defiance of God….

As for when these things are to take place, I have from the beginning always issued a strong caution, in spoken word and in writing, from “The Mystery of the Shemitah” itself onward – specifically that we cannot be dogmatic about timing, and that nothing has to take place on a particular date or season, or according to any set calendar, or even as God has done before.

For an in depth critique of Cahn’s work from a religious perspective, see Jonathan Cahn’s Con – Knowing the Difference Between Shemitah and Shinola by JD Hall: His introductory paragraph says:

As of this morning, Jonathan Cahn’s best-selling book, The Mystery of the Shemitah, ranked #2 in Amazon’s prophecy category, #3 in religion and #129 in books overall (it did rank at #1). Cahn’s prophetic oracles also graced the New York Times Best-Seller’s list. Cahn has been selling his predictions on almost every major news outlet out there, and up until the last minute yesterday, was digging into his predictions that a great “shaking” would take place across the world. The problem is, of course, it didn’t happen. The Shemitah ended last night at dark, beginning September 25 of last year. The predictions were not true.

But his books are all about the timing, so this explanation is very misleading. Michael Snyder of the perennial “Economic Collapse blog” tried to explain it this way:

Wake Up – A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories floating around, and many of them had no basis in reality whatsoever. But without a doubt, some very important things did happen in September. As I warned about ahead of time, we are witnessing the most significant global financial meltdown since the end of 2008. All of the largest stock markets in the world are crashing simultaneously, and so far the amount of wealth that has been wiped out worldwide is in excess of 5 trillion dollars. 

Not true at all. There have been declines, but hardly crashes and certainly no collapse. An economic collapse never comes unless caused by a catastrophic war which keeps people from engaging in any economy at all.

In addition to stocks, junk bonds are also crashing, and Bank of America says that it is a “slow moving trainwreck that seems to be accelerating“. Thanks to the commodity price crash, many of the largest commodity traders on the planet are now imploding. On Tuesday, the stock price of the largest commodity trader in Asia, the Noble Group, plummeted like a rock and commodity trading giant Trafigura appears to be in worse shape than either Glencore or the Noble Group. The total collapse of any of them could easily be a bigger event than the implosion of Lehman Brothers in 2008. So I honestly do not understand the “nothing is happening” crowd. It takes ignorance on an almost unbelievable level to try to claim that “nothing is happening” in the financial world right now.

Snyder is missing the point. He and others didn’t just predict that there would be stock market setbacks, they all used the word collapse, and that hasn’t happened. Even in his excuse he’s using the word “crash” which doesn’t apply to most of the markets even in Asia.
Related:
(vision) Dumitru Duduman: The Russian Invasion of America — “It will start with the world calling for ‘peace, peace.’ Then there will be an internal revolution in America…. The government will be busy with internal problems. Then, from the oceans…” — The rapture will occur AFTER America is destroyed, as God destroys the enemies of Israel!
(vision) Dumitru Duduman: WHEN AMERICA GOES TO WAR WITH CHINA the RUSSIANS WILL STRIKE Alaska, Minnesota, Florida — “America’s sin has reached God. He will allow this destruction, for He can no longer stand such wickedness. God however, still has people that worship Him with a CLEAN HEART as they do HIS WORK. He has prepared a heavenly army to save these people”
[ audio ] Henry Gruver’s Three Visions: Russian (and Chinese) Invasion of America — “When Russia opens her gates and lets the masses go, the free world will occupy themselves with transporting, housing and caring for the masses, and will begin to let their weapons down, and will cry ‘peace and safety,’ and that’s when it will happen.”
(video) Dumitru Duduman: Wake Up America
[2-hour audio] Henry Gruver with Steve Quayle: Visions of War – Visions of Heaven
[mp3 audio] Henry Gruver’s Vision of America being invaded by Russia
[47-minute audio] Henry Gruver: Russian Invasion of America
The WW3 Prophecies (includes prophecies by others)
RED DAWN: ASIAN MILITARY INVASION OF USA? (prophecies by many others)

(vision) Woman Sees Russia Attack US In WWIII! — SOVIET UNION the threat, not ISIS • TIME is SHORT – she saw PUTIN “the way he looks now!” • No pre-trib rapture!

Skousen: U.S. Intentionally Vulnerable to Nuclear Attack from China/Russia
[Updated December 2013] Joel Skousen: Year-End Big Picture Review of Threats — Russia/China invasion of U.S.A. TIMING discussed
China may have largest Pacific fleet by 2020 — and capability to destroy US military and intelligence satellites?
China Preparing to Target U.S. Aircraft Carriers — The WU-14 can penetrate missile defense systems by traveling at up to ten times the speed of sound!
(audio/text) Joel Skousen: With a Growing Russian Missile Threat, US is Still Disarming — “Russia says their missiles are for “containment” of the US, but we know they are preparing for a nuclear first strike on America”
(video) Joel Skousen: An Evil Pact Drives Globalists to Set Up USA for China/Russia Takeover | North Korea Will Be the Trigger
New Russian Submarines Are So Silent That The U.S. Navy Calls Them “Black Holes” — An earlier model armed with long-range cruise missiles sailed around in the Gulf of Mexico for weeks without being detected in 2012!
Skousen: Analysis of Strategic Threats in the Current Decade
[Updated May 2010] Joel Skousen: Analysis of Strategic Threats in the Current Decade — The Big Picture!
CORRIE TEN BOOM: PREPARED For The COMING TRIBULATION — “Daddy, I am afraid that I will never be STRONG ENOUGH TO BE A MARTYR for Jesus Christ.” My father said, “OUR FATHER IN HEAVEN KNOWS when you will need the strength…. HE WILL SUPPLY ALL YOU NEED – JUST IN TIME.“
12 Reasons NOT To Expect a PRE-Trib Rapture
In-studio with Infowarrior Alex Jones: Pastor Anderson Reveals Pre-Trib Rapture Deception — “Before the year 1830, EVERY denomination, every type of Christianity taught that the rapture took place AFTER the tribulation, because that’s what the Bible explicitly says.”
[7-minute video sneak peek] The RAPTURE will take place “AFTER THE TRIBULATION” — “Christians, today, are NOT BEING WARNED about the events they will face in the great tribulation. To learn the truth about the rapture, we must look within the pages of the Bible, itself”
All 100+ of my Joel Skousen posts (10 posts per page; latest appear first)

Skousen: Will Economic Collapse Predictions Finally Come True This Fall? — Most analysts are not wrong about the root problems of debt, speculation and fiat money, but they do not address the massive manipulation of the markets by government and the powers of the FED, who can keep things going and postpone collapse until war comes, when they will claim it is not their fault

World Affairs Brief, June 26, 2015 Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).

WILL ECONOMIC COLLAPSE PREDICTIONS FINALLY COME TRUE THIS FALL?

Each year about this time there are several internet analysts predicting a massive economic collapse in October. This year it is a tsunami of hype that may or may not come true. Even Ron Paul’s comments about the un-sustainability of the dollar and the collapse of the entire US financial system added fuel to the fire. But my biggest issue is with the predictions of imminent collapse. In the past four or five years that I have been tracking these collapse predictions, they always come up empty. Sadly, rather than admit error, the collapse crowd peddles the same theme next year with even more scary scenarios. Most analysts are not wrong about the root problems of debt, speculation and fiat money, but they do not understand or address the massive manipulation of the markets by government and the powers of the FED—who can keep things going and postpone collapse until war comes when they will claim it is not their fault. This week, I will explain why any collapse prediction is invalid without coming to grips with the power of manipulation and the fact that there are no signs that globalists are maneuvering to let it fall.

October seems to be the favored month to trigger market crashes considering the manipulated stock market crashes of 1929 and 1987, but September is also historically a bad month. This time the shaky European bond market is providing fodder for the “sky is falling” crowd, where big liquidity problems threaten to create panic. The irrational US stock market, on the other hand, continues to rise, driven by new money from the FED and the same bandwagon effect that got people in trouble in 1929. The big difference between now and then, as I just mentioned, is the degree of control the FED has over money creation, interest rates, and secret relationships with “Too Big to Fail” banks and Wall Street investment houses that are used as conduits for liquidity injections into the markets in order to cause, halt, or take advantage of panic buying or selling.

Let’s begin with a piece by Michael Snyder, of the Economic Collapse Blog, who persistently makes the case for collapse.

Not since the financial crash of 2008 have so many prominent people issued such urgent warnings about a specific time period. Almost daily now, really big names are coming out with chilling predictions about what they believe is going to happen during the second half of 2015. But it isn’t just that these people have a “bad feeling” about things. The truth is that we are witnessing a confluence of circumstances and events in the second half of this year that is unprecedented.

This is something that I covered in a previous article that went mega-viral all over the Internet entitled “7 Key Events That Are Going To Happen By The End Of September.” [None of which are real indicators of economic collapse. Unfortunately, many of the seven are based on the flawed hype of Jonathan Cahn, author of books about Blood Moons and Shemitah prophecies focusing on Jewish calendars that I don’t believe are definitive or reliable.] Personally, I have never been more concerned about any period of time than I am about the second half of 2015.

Just a few days ago, I received an email that contained a chilling message from Lindsey Williams. You can view the same message that came to my email right here. According to Lindsey Williams, the elite insider that he is in contact with told him that there will be a global financial collapse between September and December of this year…

“WARNING! From Lindsey Williams… My elite friend indicated that they have a World Wide Financial Collapse scheduled between September and the end of December 2015. You may have just THREE (3) months to prepare!

I think the notion that the PTB have it calendared for this fall is disinformation. The real insiders would know a more precise time frame (so these few can make money off the collapse rather than go down with it). This “insider tip” about getting prepared implies that the PTB intend to create more than just economic chaos. Many pundits on the conservative side keep saying (based on other bogus insiders like the “DHS informant”) that the globalist-engineered collapse will cause social unrest which, in turn, will justify martial law.

This is very bad analysis because the government would clearly get the blame. The only way to trigger a full collapse is to cut the money supply drastically and fail to provide liquidity when thousands of speculators are in trouble. There are hundreds of FED watchers who would know to the day when the FED cut the money supply and caused a collapse.

But if they wait until the coming world war then they can blame all these horrific changes on the enemy—which is why the globalists are so eager to provoke the war. It has worked before and it will work again, diverting the blame from them to the war. These globalists aren’t stupid and always seek to use deception and crises to cover for their evil agenda.

Snyder continues: I have a ton of respect for Lindsey Williams, and I would listen to what he has to say very carefully. Back in 2008, an elite insider told him that the price of oil would drop from $140 a barrel to $40 a barrel, and it happened. This time around, Williams has been telling us throughout 2013 and 2014 that a global financial collapse was not going to happen during those years, and he was right about that. But now he is sounding the alarm that one is going to come by the end of this calendar year.

Snyder’s praise is a very selective recitation of Williams’ track record focusing only on the few times he has been right. What Snyder fails to tell his readers is that Williams was predicting collapse, based on his insider’s tips from 2010 through 2012. And he predicted collapse on and off during 2013 and 2014 until he retracted them for a brief time knowing that his track record was so dismal.

I’m absolutely certain that Williams is being played for a fool by his contacts. As I’ve written before in the WAB, nobody who is an insider is going to get away with leaking the globalist’s intentions to someone like Pastor Williams (who may be sincere) who will parade those tips to the whole world—at least not without getting caught. The NSA tracks all communications, especially those of insiders to make sure no one “talks out of school.” If this source keeps talking to Williams it is only because it is planned and he is spreading disinformation to make Williams look like a fool—which he is for believing him.

Many years ago Pastor Williams did get some good info from semi-insider Ken Fromm, CEO of ARCO, about the US capping huge oil finds in Alaska to keep US oil off the market and drive prices up. But I don’t believe Fromm was a full insider, who are all evil. Fromm just happened to be on the receiving end of threats by government to shut down a major oil find. Fromm complied but was not on board with the agenda. He used his access to those who directed him to get a glimpse of the secret control system that was running our government. He passed these concerns on to Williams, who sold them to the public as info from an insider—which wasn’t technically true.

There’s a difference between having dealings with government controllers, as Fromm did, and being one of them, which Fromm was not. After Fromm died, Williams began to get tips from one or two others claiming to be insider friends of Fromm and authorized to leak information to Williams. Williams had set himself up as someone who had “insider sources” and I believe the government set this follow-on trap for him, knowing that Williams would become an innocent accomplice in spreading disinformation.

It is true that his new sources gave him one dramatic and true tip in 2008, about the timing of the end of the rise in gasoline prices. As any oil insider at the time knew, there was a conspiracy to drive the price of oil upward by keeping supplies off the market. Controlled oil companies were filling every available land based oil storage tank with oil and every idle oil tanker offshore in order to keep supplies off the market. These sources happened to know that all the storage capacity was full in the fall of 2008, and therefore could predict almost to the week when oil would start flowing again to the refineries, dropping prices.

This grand tip made Williams a star—and also a sucker for the future bad tips he would get from his “insiders.” Although Williams has a way of continually spinning his tips in a positive way, he has never owned up to the failures. I tried to warn subscribers clear back in 2011 and 2012 about Williams and the collapse crowd (excerpt from the WAB June 29, 2012):

I field more questions from subscribers and preppers each week on the subject of economic collapse than any other topic, despite having covered in the WAB numerous reasons why neither hyperinflation nor a complete and sudden collapse of the dollar can happen this year or in the next couple of years. In fact, a total collapse could never be sudden just because of the sheer size of the dollar pool internationally.

Yet there is an unending flow of predictions of complete and imminent collapse coming from both the uninformed and the informed financial newsletter writers on the conservative/libertarian side. The latter should know better, but simply haven’t thought this out very well and are using the hype to generate sales of newsletters, financial products or the need to redeem themselves from their long litany of failed collapse predictions already posted.

Pastor Lindsey Williams is continuing to push the banking holiday/collapse scenario based upon his bogus insider sources. My late friend Bob Chapman [The International Forecaster] also got fooled into believing the various scenarios supposedly touted by law enforcement people claiming that the banks were going to close down due to an imminent collapse. That was in August of 2010. But even though that failed, Bob continued to push the collapse scenario.

There is absolutely no reason why the FED would call a banking holiday which would cut off people’s access to money. The economy would collapse within weeks, and they would get the blame. As long as they’ve got the means to keep creating money, there simply is no rationale for this. People who continue to make these claims simply don’t understand either the power of the Fed or the plans of the PTB.

The list of those calling for imminent collapse is growing longer by the week, but it doesn’t mean it is any more true. R.G. Allen, Robert Kiyosaki, Gonzalo Lira, Mike Maloney, Mike Dillard (who’s been pushing the collapse of the EURO for years now and still won’t stop despite the failure of his predictions), and more recently the National Inflation Association, Porter Stansberry and Sandy Leeds are all pushing imminent collapse. While economic fundamentals are crying out for a collapse, these good people don’t understand the powerful nature of the conspiracy we are dealing with and their ability to manipulate the economic numbers.

Even Peter Schiff is predicting collapse by 2014, as reported by Dominique de Kevelioc de Bailleul of Beacon Equity Research—and she’s a believer too.

As you can see, all of these were wrong on timing. But they’ll be right eventually—in a way. It’s true that fiat money always ends badly, but the financial PTB know this and don’t want to be left holding the bag. That’s why they will continue to keep up the illusion of recovery until there is a sufficient external crisis (probably war) that will justify a new world fiat currency—and it won’t be a gold-backed currency despite the wishful thinking of those hyping China’s accumulation of gold reserves. The Michael Snyder piece continues:

Martin Armstrong is someone else that has been sounding the alarm about the second half of this year. In fact, Armstrong says that he has “warned that the Big Bang was coming since 1985.” [Yes, those were the old “hard money” conference days of Howard Ruff and Jim Blanchard—all of whom thought the collapse would come in the 80’s and then the 90’s. There were stock market corrections like 1987, but NONE even came close to collapse.]

In the past, I have written entire articles about economic cycle theories and what they indicate is coming in our future. [People who build models based on historical cycles can be pretty convincing, but conspiracies and manipulation of markets can’t be tracked by cycle theories.] Armstrong has developed one of his own, and he calls it the Economic Confidence Model. According to the ECM, the “sovereign debt Big Bang” is scheduled to happen by the end of 2015.

There are many aspects that are lining up with the turn in Armstrong’s ECM from the Blood Moon and the Jewish Year for forgiving the debts, to France imposing restrictions on cash in September… [I don’t view these as valid indicators of government changing the way they manage the markets.]

In case you are tempted to dismiss this as nonsense, Armstrong has pointed out that his ECM has been accurate “to the day” in the past. Of course the 1987 crash bottomed to the day with the ECM confirming that was the low. The same took place in 1994 where the U.S. share market bottomed right to the day, once again confirming this was an important low.

In fact Martin did not “call” any of these crashes way back when. My brother Mark (Forecasts and Strategies) was one of the few who actually made an open warning about the stock crash of 1987 by pointing to all the signs that were there. And Peter Schiff did call the crash of mortgage backed securities in 2008. But he hasn’t been as prescient since.

Armstrong has reconstructed his model to conform to the economic patterns of the past. But over time these economic indicators have ceased to become a reliable predictor of market action because of manipulation. Government intervention under the table is the most powerful factor today, not fundamentals. Economic instability abounds all the time and yet markets continue to be propped up by easy money (at near zero interest rates) flowing to insider big banks that keep investing in the huge speculative markets.

The government even has a “plunge protection team” of Wall Street insiders that have access to nearly unlimited FED funds in order to counter any trends that might cause runaway computer selling. Only a minority of individual investors make up the markets today. It’s the big banks, investment houses, hedge funds funds, and speculators that drive the markets.

So will the ECM be right again this time? Only time will tell, but it should be noted that the global bond market is already starting to crash. If Armstrong ultimately turns out to be correct, we could be on the verge of a major turning point.

Snyder is partly right about bonds being in trouble. But the big problem is mostly in European bonds due to the threat of a Greek default spreading to other heavily indebted EU nations. Spain, Italy and Portugal are not far behind Greece. As Yahoo Finance reported,

On Greece, the IMF made some concessions to Greek negotiators on the crucial subjects of value-added tax and pensions. These have been sticking points this week, and the IMF has been the most uncompromising of Greece’s official creditors. The IMF’s willingness to bargain suggests that Greek Prime Minister Alexis Tsipras can save face and keep Greece on the euro, as most of his citizens would prefer (according to polls).

This tends to confirm my prediction that the EU globalist powers will do everything to keep the lower southern tier of nations in the EU at whatever cost. The trouble with the Greek people is that they want both—to maintain their bankrupt welfare state and stay in the EU.

Overall, bonds are in trouble in large part because of the threat of a Greek sovereign debt default. For traders, bond liquidity and predictable interest payments are the attraction (in normal times, it is easy to always find buyers among conservative investors, pension funds, and bond funds) but pensioners themselves tend to buy and hold bonds to maturity, collecting the regular interest payments. To them the threat of a sovereign default is even more serious. Right now, because of the instability over a potential Greek default, liquidity in the trading of bonds has been badly hurt and that is why bonds are in decline. As Bloomberg noted,

There are three things that matter in the bond market these days: liquidity, liquidity and liquidity. How — or whether — investors can trade without having prices move against them has become a major worry as bonds globally tanked in the past few months. As a result, liquidity, or the lack of it, is skewing markets in new and surprising ways.

Spain, for instance, must pay more to borrow money than Italy for 30 years, even though Spain is considered safer by credit raters. Why? The Italian bond market is twice as big as the Spanish one — and, therefore, more liquid.

The same thing is happening around the world. Bonds in smaller, less-traded markets like Finland, Singapore and Canada are starting to fall out of favor. And with the Federal Reserve preparing to raise U.S. interest rates, investors want to know they can sell in a hurry if debt markets turn volatile.

But to put things in perspective global bond prices have only fallen between 8 and 12% and much of this is in anticipation of a rise in interest rates—which the FED continues to postpone and postpone. The investment world doesn’t really expect a wholesale collapse of the entire financial system anymore—even though it is ultimately inevitable as Ron Paul keeps saying.

Ron Paul rightly believes that continual deficits and money creation cannot continue indefinitely. But he clearly doesn’t understand that the FED can keep things afloat a lot longer by keeping overall inflation of the money supply below 10%-15%. He also doesn’t have much understanding of the coming war agenda, which is the globalist’s escape manuever to avoid blame. Ron doesn’t even see the Russian threat. Like most libertarians, he kind of assumes that all the enemies of the globalists must be our friends. Not true.

Not seeing the crisis creation path of war, it’s easy for Ron to get caught up in the collapse predictions based upon the economy’s shaky fundamentals. That’s why he’s been hired on to imminent collapse predictors including Stansberry Research who pays him for his commentary. Stansberry is a perennial collapse prediction firm that sells alternative investment plans and buys time on alternative news web sites to promote their interviews with Paul. That’s why Ron Paul’s collapse predictions are everywhere on the web.

I’ve listened to his video presentations and I’m disappointed at their lack of detailed economic analysis as well as the utter lack of discussion over the role of the FED’s manipulation of markets. Without discussing how, why or what the FED is doing, (beyond creating money) one can’t make a credible case for imminent collapse.

As for the claims by the collapse crowd that the dollar is about to implode let me reiterate some very clear arguments I made in that 2012 WAB about what has to happen for a currency to collapse to occur. None of these are happening yet and my arguments have not been addressed by the collapse crowd:

Let me quickly review, once again, the reasons why a collapse or devaluation of the dollar, hyperinflation, or the dollar quickly losing its reserve currency status is not imminent and can’t happen quickly any time in the next few years:

1) Collapse: Collapse of a currency can only happen if it becomes relatively worthless in a short period of time. Inflation of the currency at high rates is the only thing that can cause this, ending either in devaluation and/or hyperinflation. Neither of these are real threats to the dollar currently despite the huge debt crisis.

2) Devaluation: Devaluation happens when a currency value is pegged to another at a fixed exchange rate, and the smaller currency inflates at a more rapid rate than the pegged currency causing an imbalance in demand which eventually causes the peg to be broken and a new fixed rate set. The dollar isn’t pegged to anything—it’s the standard. In a non-pegged system an informal devaluation can only occur if the dollar is being inflated at a much higher rate than other currencies. That isn’t happening because every other currency is inflating about the same rate proportional to their base as is the dollar. In fact, other currencies approve of US inflation, because it allows them to inflate their currency while maintaining the same relative exchange rate with the dollar.

3) Hyperinflation: Two things must be present for hyperinflation to happen. First, you must start with a relatively small money supply that can be expanded multiple times. The dollar base is so large, after having been inflated and spread around the world for so long that it literally can’t be inflated rapidly as compared to smaller currencies. The quantity of dollars in circulation is estimated at $300 trillion (not counting the huge non-monetized economy of derivatives, contracts and hedges perhaps as big as $500T). The FED could create $30T a year and it wouldn’t exceed 10% inflation rate. Even that huge amount isn’t hyperinflation, which results in panic spending due to rapidly rising prices. Second, a nation has to have an automatic injection mechanism to put increasing quantities of money into the pockets of consumers so they can keep up with rising prices, otherwise the inflation kills stops economic growth. We don’t have that, and what we do have (food stamps, unemployment compensation, Soc. Sec., etc,) isn’t effectively indexed to inflation. Without the public’s ability to get more money each month as in Germany in 1936, the economy retracts as people can’t keep up, and spending decreases—again stopping hyperinflation and causing stagflation.

4) Loss of Reserve Status. This also can’t happen anytime soon since the dollar base is so much larger than any other currency. You’d have to print up probably 5 times the existing quantities of Euros to supplant the dollar and that would have devastating inflationary effects on the Eurozone. The same with the British Pound. No one would trust the Chinese Yen because there’s no transparency there either. What about a basket of currencies? —The same problem exists there as in the EU—even their strict rules about one nation expanding their Euros over another, the southern tier of nations found ways of cheating. No one can trust any of these voluntary agreements anymore.

If there is a real threat right now, it’s the huge derivatives and hedge fund bubble—trillions of dollars committed in contracts but almost without actual asset backing. No big paper investment happens today with CDS derivative insurance or hedging, and little of that can actually be paid to the beneficiary if a sufficient crisis develops. However, this mainly affects the huge speculative economy—and these have the most power to get a bailout from their fellows at the FED.

Rather than see a collapse coming this year or even by 2014, I think we are going to see another mild inflationary recovery (not a true recovery), but one where inflation finally starts to overpower deflationary forces and people start to spend again, and hire. It won’t be big, but it will help the PTB extend this debt spiral until the end of the decade where even bigger world conflicts will help them escape final blame. Don’t underestimate the power of the PTB to keep inflating enough to stave off default and yet keep inflation below 10%.

That said, we are dealing with conspiracies here—and the PTB could simply decide to pull the plug on the economy. All they would have to do is stop intervening in the huge derivative market to keep those contracts from defaulting, as they have been recently in Europe. The derivatives bubble is by far the largest ponzi scheme ever—trillions in promises to pay without any means to make good on all those promises, even after the hedges balance out the excess exposure.

In fact, the derivative mess has been threatening to collapse ever since AIG in 2008, and yet the financial PTB continue to stop the derivative contracts from being collected on. In Europe, for example, they kept insisting that no default had occurred when investors in Greek bonds had to take a 50% haircut (loss on their bond investments). Hence no one could make good on those CDS default swap insurance policies (which are sold as guarantees on all these big risky investments). They change the rules all the time, and control the higher powers that might rule those changes illegal. I think they can keep this up for several more years.

Armstrong makes the prediction that people will start to disbelieve government and its power to stabilize and that this will bring down the system:

This next turning point should be the peak in the concentration of capital and confidence in government. From there on out, 2015.75 [September 2015] should mark the change in trend where people will start to disbelieve government on a grand scale. The debt markets that peak precisely with the target are going to get the worst of it.

Investment legend Jim Rogers agreed:

I suspect in the next year or two we will see some kind of major, major problems in the world financial markets. I would suspect when we have this correction, it’s going to cause central banks to panic. There’s going to come a time when there is not much the central banks can do when they have lost all credibility. When governments have lost all credibility. They will print and spend and borrow, but there comes a time when people are just going to say We don’t want to play this game anymore. And at that point, the world has serious, serious problems because there’s nothing to rescue us.

But these two opinions have one major flaw—people have no other place to go. Government will always have a “solution” controlled by them for any crisis, especially the ones they create. They don’t care if people “don’t want to play this game anymore.” What other choice is there? They put people in prison for trying to establish a competing gold backed currency.

One of the most dramatic warnings about collapse came from Alex Jones in his special video alert relaying how he had “two different calls” from “extremely prominent wealthy people” warning him about what is coming by the end of this year and asking him why he isn’t leaving the United States “before October.” He concludes that “the elite” are leaving the country and you should too.

I think that’s an incorrect deduction about the elite. The real insider elite aren’t leaving the country, even though some do have offshore residences and most have offshore bank accounts. The elite are even building sheltering structures under their resort homes because they know a nuclear war is coming.

Yes, there is a wave of wealthy people, like the ones calling Alex, hell bent on getting out of the country to what they think are safe havens like Australia, New Zealand and the Pacific Islands. As the most noted author in the country on Strategy Relocation, I get tons of calls about off-shore retreat strategies, but I can’t recommend them. It’s not a smart strategy at all.

These people labor under the very mistaken impression that somehow the rest of the world is not going to be affected by the eventual collapse of the US dollar and the US economy, which isn’t true. All of these foreign destinations are heavily reliant on world trade, tourism and the stability of the dollar. All of their budgets are in deficit—some worse than others—but none are going to be able to provide American ex-patriots the current cheap, peaceful expat lifestyle they all read about on the net.

Worse yet for the Pacific island retreats is the threat of conquest in the next world war. China is planning to conquer their part of the world—exactly like Japan did in WWII—to seize all of the island territory on the Pacific ring. This will include Australia (where China has already bought up all the mineral rights), New Zealand and the Pacific islands. Try factoring in a Chinese occupation into your retreat plans (and the need to blend in or hide in order to survive) and the US begins to look pretty good.

A lot of people think they are going to be able to avoid the affects of the coming nuclear war by being in South America or in the Pacific. Yes, it’s true, there probably won’t be many nuclear targets in those areas, but that’s only a small part of the threats you face in war. Almost half the nations in South America presently have outright communist or former communist leaders who are actively promoting ties with Russia and China. Every nation will have to choose sides in a world war and with the growing reputation of the US as the bully of the world I wouldn’t count on a favorable long-term reception for Americans in foreign countries.

When these nation’s socialist welfare budgets become even more bankrupt than they are (look at Venezuela) the rapacious Left goes after foreign property owners and bank accounts first. Mexico has confiscated dollar accounts twice already.

[…]
Some summary comments:

While I have spoken out vigorously against the imminent collapse of the dollar and the entire fiat money system short of war (which is still a few years away), I do believe it is likely that there will be a significant correction in both the bond and stock markets—as much as 20%. If that happens this fall, the collapse crowd will say it’s a collapse, but it won’t be. The FED will intervene and it has a lot more room to expand the money supply before reaching high levels of inflation.

Remember, that economies NEVER completely collapse except under conditions of war where there is a major destruction and dislocation of structures and people—or hyperinflation, which is unlikely without any formal indexing system to allow people to keep paying higher and higher prices.

Even the “Great Depression” was not a true collapse of the economy. 75% were still employed. Yes, some were devastated financially by excessive speculation and lost everything, and many people lost their jobs because consumption nearly stopped. The big problem in the depression was that the poor had very little to fall back on, either in terms of housing, supplies, or family to lean on.Today, in contrast, even the poor are rich by comparison to the depression, with multiple cars, entertainment sets, clothes, and welfare payments. Only a war of partial destruction and the taking down of the electric grid could obliterate those accumulated assets that currently allow people to escape much of the current economic consequences.

I’m not a fan of the FED or its power to keep bailing things out, but I do know that they have even more manipulation ability than we know about and will use it to avoid losing control, and energize people against them. They have a major war agenda they are building for, which will trounce the growing opposition to globalist structures they keep trying to shove down our throats. Maintaining the appearance that they have the solutions is crucial. I think the PTB are fully aware of the risks in the current speculative economy and are working overtime to keep thing afloat—not for benevolent reasons, but to maintain power.

[Updated December 2013] Joel Skousen: Year-End Big Picture Review of Threats — Russia/China invasion of U.S.A. TIMING discussed

Related:

(audio) Joel Skousen: Timing of the Russia/China invasion of U.S.A. — Full readiness in 6-8 years!

– –

World Affairs Brief, December 27, 2013 Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com)

THIS WEEK’S ANALYSIS:

Year-End Big Picture Review of Threats

China’s Long-Range Plan for War

Don’t Despair, Prepare

9/11 Coverup Continues

US Culture War Against Christianity

YEAR END BIG PICTURE ISSUE: THREATS BOTH REAL AND VISIBLE

As we review 2013 we see several grim threats to our liberties and safety that are looming so large even those with a minimum of discernment are waking up and growing uneasy even as conspiring men feign reform or pretend to ignore the issues. At home the US government has every intention of continuing warrantless spying, the Obamacare rollout and unending debt increases despite growing public disapproval and claims of reform. Abroad, foreign intervention is increasing while the great threats of China and Russia are emerging as real and visible but which our government has no intention of countering. Worse, we can no longer depend on our elected representatives to stop any of this. It’s time to prepare in earnest for the inevitable demise of liberty even if it may not be imminent. When it does come in the next decade, it will be swift and relentless. There will be no turning back.

Both Democrats and the compromised Republican leadership have no intention of putting up any real resistance to the slow and agonizing loss of American Liberty. Their half-hearted opposition to spying, the PATRIOT ACT, and the new NDAA signed into law this week is an assent by silence to the slow erosion of liberty and constitutional protections that continues unabated.

For example, support for Obamacare has plummeted across every spectrum of the public, even among people eager for government handouts. Polls sponsored by pro-government media, like CNN, put support in the mid-30 percentile, which should be sending shock waves through the Democrats in Congress. Instead, it’s full speed ahead with implementation.

Republican House Speaker John Boehner has no intention of bringing up repeal legislation again. Neither does he intend to stop deficit spending nor hold the line on the debt limit. Instead he trotted out conservative Paul Ryan to convince Republicans that the latest budget compromise is “the best we can get.” Ryan is turning out to be one of Boehner’s “useful idiots,” to quote Lenin.

These are all crucial high-profile battles that the Republicans purposely sabotaged and lost. The political capital is spent and the waters of reform are poisoned forever so that even as public support for repeal grows, they have an excuse “not to go there” again. And, Boehner and his lackeys are preparing to sell us out on amnesty as well. That’s coming up early next year.

The courts will also continue their relentless permissiveness of government illegal acts under the guise of protecting us from terror and defending state secrets. I’m not optimistic about the temporary setback for NSA spying that one judge timidly opined was “likely” unconstitutional. The Supreme Court will reluctantly find in favor of “limited” government spying as they have in the past.

Part and parcel of this finding is the government’s continual downplaying of the degree to which it surveils worldwide communications. The spy agencies only admit to collecting “metadata” when we all know they are recording content as well—with which they analyze, sort and build future action lists targeting dissidents and political resistors worldwide. This is only peripherally involved with fighting terror which, like drugs, the government promotes as much as it counters.

Spying, indefinite detention without due process, secret prisons, torture, illegal black operations and the militarization of local police forces is all part of the world government police state they intend to force upon us as soon as the next war justifies such a massive disavowal of constitutional limits and the liberty that is inherent in national and state sovereignty.

As part of this, the push for continual “free trade” agreements with Asian and European nations will continue. While I don’t expect them to be able to fully implement the New World Order with its required taxation and police powers via these preparatory agreements, they certainly are a stepping stone towards getting people accustomed to increased international regulation and control (dubbed “cooperation”).

There is no denying that the pace of attacks against our liberty has picked up speed. This has led to a growing number of fellow commentators on the constitutional Right sounding the alarm about imminent collapse of the dollar and the economy as the catalyst for unmasking martial law and the implementation of tyranny.

I continue to caution people against this superficial analysis, often fomented by government misinformation sources inside the movement feeding disinformation to promoters like Lindsay Williams and others. Pastor Williams may well be sincere in his desire to save the country, but he continues to be deceived by his “insider sources” who have fed him bad tips for the past two years. He’s got a 100% failure rate and yet persists with the same claims, slightly more intense each time around. For a review of my analysis of why the PTB won’t crash the dollar or the economy see this link for the June 29, 2012 edition of the WAB in the archives.

I repeat for the benefit of my new subscribers that no one can be an insider feeding information to the liberty movement (they don’t want to get out) and not be discovered in this age of total surveillance. That includes the so-called “anonymous and confidential” government sources talking to mainstream “investigative” reporters. They are all known to government and every reporter’s phone is tapped constantly. When government takes reporters to court to force them to reveal their sources it is just a cover to keep the public believing in journalistic integrity.

We know what happens to real whistleblowers who reveal the illegal acts of government. They are exposed, maligned and persecuted incessantly. So any “leaker” who is allowed to keep leaking to those on our side every week or month is either not really an insider or is a disinformation expert being allowed to leak by government for manipulation purposes. Some, like the so-called “DHS insider” who talks to the Intel Hub regularly, are just patsies, in my opinion, that think they’ve been given insider access but who really are just being used to deliver disinformation to keep false conspiracies alive.

One of the main tactics of this disinformation about imminent threats is, I believe, to eventually discredit the prepper movement, 99% of which is motivated by these constant claims of imminent economic collapse. Most preppers have spouses or relatives that aren’t completely on board with their claims and consider them “paranoid” and “nuts.” Preppers who continue to regale them with the imminent collapse stories will find themselves embarrassed and increasingly unable to convince their friends and loved ones of even more serious preparations as the real threats get closer.

It isn’t that the economic collapse crowd is wrong about the dire state of our economy and the latest bubble the FED has created. It’s only that they don’t fully understand conspiracy and the larger agenda of the PTB who manipulate the economy. The conspirators have much more to gain by keeping things afloat with artificial stimulus than by letting it collapse. They control the regulatory powers as well and are able to cover up many Ponzi schemes, or at least keep them contained by denying that default ever occurs—as they did in the Greek bond haircuts forced upon investors.

With all of the fast moving events of the past year, you probably won’t be surprised that I am continually asked by subscribers if my estimate of timing has changed or moved up, especially in light of this year’s display of Chinese naval growth and aggressive behavior in the Far East. For the answer, we have to look at the potential for war, which is by far the most likely trigger for change in the world, even economic change.

A foreign attack allows our leaders to evade the blame for the dire situation and it gives them the excuse to take on dictatorial powers, restructure the money system and empower globalist solutions. In an economic collapse without war, they take the full blame, especially when all the FED watchers would know the day the PTB pulled the plug on the economy by cutting new monetary creation to zero. Ever since 2008, they have shown no inclination of pulling the plug on the economy or the dollar. It’s not a blameless rationale for martial law. They have also kept the real rate of inflation below 10%, and as long as they continue to do so, the hyperinflation threat bandied about so often won’t happen.

Here is my current feeling on the timing of war:

1. First, I have to continually remind my listeners that I’ve never given a timetable for when WWIII is going to start. I’ve concentrated on how much time I feel remains before Russia and China are ready to strike. They aren’t the same thing and don’t necessarily coincide. Even if I think they are ready, it still doesn’t mean they will strike. It could still take longer depending on the political climate at the time and whether or not an appropriate excuse has been engendered to justify war. As you all know, historically these excuses are almost always provoked by one side or the other.

2. I’ve said since the beginning of this decade that Russia and China are at least 8-10 years from having sufficient air, missile and naval forces to take on the West. We’re now 6-8 years away from that estimate where “we still have time to prepare.” I still feel confident that Russia and China won’t be ready until at least the beginning years of the next decade. In last week’s brief, I covered the fact that most of their major weapons systems aren’t scheduled to come on line until 2020-2024, so that’s still 8-10 years from now.

3. The following is very important: It is not true that Russia and China are totally unprepared until that magic time they reach optimal readiness. While it is improbable, there is nothing to say they won’t decide to strike earlier, at a lesser state of preparedness. No one is ever totally prepared for war—it’s a matter of high confidence in success, and also a matter of the right timing. As Russia and China get closer to full preparedness, the chance increases that they could grab a political opportunity to strike prior to their planned timetable if they thought they had a good enough opening—one that overcame the disadvantage of moving sooner rather than later. The US could also provoke a crisis that gave them an opportunity to strike that “they couldn’t resist.”

So, while I’m still fairly confident in my feeling that we still have several years to prepare, as we get closer to the next decade and they get closer to being ready, the chances of an early surprise attack increases as they approach full readiness. I don’t think the time will be much shorter but you need to be aware of the possibility. It’s one of the reasons why you don’t want to put off necessary preparations just because you might have more time than previously thought. Don’t try to cut it too close. With that said, let me outline some of the signs that war may be approaching sooner rather than later. I will be watching for these as well in the WAB.

First, it’s important to keep in mind that the mainstream media will increasingly concentrate on China as the problem, not Russia—even though they are both in a temporary alliance to take down the West. One will not go ahead without the other, but for some reason the word has gone out to planners to downplay the Russian threat.

I surmise that the reason Russia is being protected is that Russia provides the continual rationale for more disarmament. It is ironic (if not hypocritical) that the West will dramatize the Chinese threat more than the Russian threat but no overtures or expectations of disarmament will ever be made to China. The West has never even approached China with demands for a disarmament pact and doesn’t appear likely to do so in the future. –Not that China would ever entertain one.

The fact that the US keeps seeking disarmament pacts with the Russians in spite of continual missile manufacturing and cheating on all disarmament treaties is strong evidence that the US is trying to use disarmament to weaken our nuclear deterrence, NOT make the world safe from nuclear weapons. Evading any demands for the Chinese to disarm is even more evidence that the US overtures to Russia on disarmament have nothing to do with “making the world safe from nuclear weapons.”

So, when outlining the signs of war, keep in mind that there are two enemies and either one or both may be engaged in setting the stage for war. Both are already involved in significant and steady rearmament. That isn’t going to change, and they are starting early enough that the West won’t be able to detect a significant uptick in production later on as a sign of war.

Don’t look for Russia or China to necessarily engage in the normal massing of forces at some border as Hitler did. They will use a ballistic missile first strike with a preliminary EMP attack as a means of temporarily paralyzing US and NATO forces as the electrical grid gets taken down. This will be followed by nuclear strikes against ground targets. Once the US military is taken down they figure they can blackmail the rest of the West into submission and amass the necessary invasion/occupation forces while the West is struggling to reorganize after a nuclear strike.

Watch for these provocations that indicate war is getting nearer:

Russia: Russia will continue to contest any additional moves by former satellite states like Ukraine and Georgia moving to closer to EU integration. The latest move by Russia to bribe and threaten Ukraine from making a trade deal with the EU is, I believe, a permanent and hardened position. It won’t be reversed. Despite continued Ukrainian protests, the opposition is controlled and divided and will never be able to overthrow the pro-Moscow direction of the government. Democracy is only a sham in most of the post-Soviet states. Controlled parties on both the Left and Right keep marching inevitably toward more concessions toward Russian hegemony—especially in light of the grip Russia has on the flow of natural gas to Europe and Eastern Europe.

Remember too that the controlled opposition and continued protests also serve Russia’s purposes since she can use them when they turn violent to justify sending in Russian troops to “protect” the millions of ethnic Russians placed in each of these satellite states.

That said, I don’t expect Russia to start getting aggressive with the post-Soviet states until after the US signs another disarmament agreement with Russia. Expect feelers to be put out in 2014 for a typically one sided agreement to be signed before Obama leaves office. This is one of those things, like socialized medicine, that they do while Democrats are in the White House.

China: China has already started to increase provocations with the West in the disputed ADIZ air defense zone claimed by China in the East China Sea, as well as the Chinese naval harassment of US surveillance ships in the South China Sea in international waters. Expect those provocations to continue. China knows that by increasing the overall levels of East-West hostilities, it becomes increasingly difficult for the West to tell when China expects to go to war.

North Korea: Nothing is more telling about this tactic of “obscuration through hundreds of feints” than North Korea’s regular provocations and small military attacks on South Korea over the years. North Korea is China’s puppet state and is the one most likely to provide China and Russia with the trigger event they need for WWIII. As I have explained before, a sudden invasion/artillery attack by NK on South Korea almost guarantees a tactical nuclear response by the US since the North has such overwhelming forces just across the border from Seoul, the SK capitol. If the US uses tactical nukes to contain the onslaught, China could easily use this “first use” to launch it’s planned first strike on US military targets.

Threats against the South happen almost every month and vary in intensity. Just this week, as the UK Daily Mail reported, North Korea warned the West that “war could break out without notice” as Kim Jong-Un tells troops to get combat ready.

The warning came a day after reports that satellite images appeared to show North Korea has started producing fuel rods for its nuclear reactor. The U.S. and South Korea had been wary of possible threats from the North, where tensions have been high since the execution of Kim’s uncle and mentor. The latest saber rattling came as Kim visited his troops on Christmas Eve, according to Al Jazeera.

‘He instructed the unit to put utmost spurs on rounding off its combat readiness … always bearing in mind that a war breaks out without any prior notice,’ reports from state media said. Tens of thousands of troops pledged their loyalty to Kim last week at a parade to mark the anniversary of the death of his father, and former leader.

Satellite images seen by the Johns Hopkins University appeared to show facilities at the North’s scientific research center could be used to make fuel rods for the plutonium reactor. ‘The identification of these facilities indicates a more wide-ranging, extensive effort by North Korea to modernize and restart the Yongbyon complex dating back to 2009 than previously understood,’ the report said. North Korea’s reactor was put back into service earlier this year, after a six-year break.

North Korea’s nasty habit of threatening war and putting troops on alert is a regular occurrence, and so is NK’s breaking of agreements to limit its nuclear weapons productions. Taken in isolation, none of these minor provocations mean war is imminent. But what it does do—very effectively—is make it very hard to tell when they are serious about an attack.

One of the great dangers of NK saber rattling and keeping their enlisted and junior officers hyped up for war is that sometimes the trigger actually gets pulled, as it did when the NK artillery forces shelled Yeonpyeong Island in 2010, killing four South Koreans. They were lucky the US and SK are in such a permissive mood or there might have been a war.

Related:

(audio) Joel Skousen: Timing of the Russia/China invasion of U.S.A. — Full readiness in 6-8 years!

(video) Joel Skousen’s ‘Red Dawn’ Warning to America — Russia will lead the attack…

Dumitru Duduman: The Russian Invasion of America — “It will start with the world calling for ‘peace, peace.’ Then there will be an internal revolution in America…. The government will be busy with internal problems. Then, from the oceans…” — The rapture will occur AFTER America is destroyed, as God destroys the enemies of Israel!

(vision) Dumitru Duduman: WHEN AMERICA GOES TO WAR WITH CHINA the RUSSIANS WILL STRIKE Alaska, Minnesota, Florida — “America’s sin has reached God. He will allow this destruction, for He can no longer stand such wickedness. God however, still has people that worship Him with a CLEAN HEART as they do HIS WORK. He has prepared a heavenly army to save these people”

[ audio ] Henry Gruver’s Three Visions: Russian (and Chinese) Invasion of America — “When Russia opens her gates and lets the masses go, the free world will occupy themselves with transporting, housing and caring for the masses, and will begin to let their weapons down, and will cry ‘peace and safety,’ and that’s when it will happen.”

Dumitru Duduman: Wake Up America

[2-hour audio] Henry Gruver with Steve Quayle: Visions of War – Visions of Heaven

[mp3 audio] Henry Gruver’s Vision of America being invaded by Russia

[47-minute audio] Henry Gruver: Russian Invasion of America

Skousen: RUSSIA’S PREPARATIONS TO FIGHT AND WIN A NUCLEAR WAR • The US is actively inviting a first strike against our forces by disarming while Russia cheats—and we don’t even have a treaty with the Chinese for them to cheat on, so it’s full steam ahead for all the major nuclear powers except the US • The US will do anything to coverup or downplay the Chinese threat • The Chinese have over 3,000 miles of tunnels to hide their mobile missiles

Skousen: U.S. Intentionally Vulnerable to Nuclear Attack from China/Russia

New Russian Submarines Are So Silent That The U.S. Navy Calls Them “Black Holes” — An earlier model armed with long-range cruise missiles sailed around in the Gulf of Mexico for weeks without being detected in 2012!

Joel Skousen: China’s Long-Range Plan for War — “China doesn’t just want to conquer the world militarily. It wants to harness the world’s economy under its personal control”

[Updated May 2010] Joel Skousen: Analysis of Strategic Threats in the Current Decade — The Big Picture!

All 100+ of my Joel Skousen posts (10 posts per page; latest appear first)

Joel Skousen: Rash of Dire Economic Collapse Predictions — Hyperinflation or a complete and sudden collapse of the dollar won't happen this year or in the next couple of years.

World Affairs Brief, June 29, 2012 Commentary and Insights on a Troubled World. Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com)

RASH OF DIRE ECONOMIC COLLAPSE PREDICTIONS

I field more questions from subscribers and preppers each week on the subject of economic collapse than any other topic, despite having covered in the WAB numerous reasons why neither hyperinflation nor a complete and sudden collapse of the dollar can happen this year or in the next couple of years. In fact, a total collapse could never be sudden just because of the sheer size of the dollar pool internationally.

Yet there is an unending flow of predictions of complete and imminent collapse coming from both the uninformed and the informed financial newsletter writers on the conservative/libertarian side. The latter should know better, but simply haven’t thought this out very well and are using the hype to generate sales of newsletters, financial products or the need to redeem themselves from their long litany of failed collapse predictions already posted.

Pastor Lindsey Williams is continuing to push the banking holiday/collapse scenario based upon his bogus insider sources. My late friend Bob Chapman also got fooled into believing the various scenarios supposedly touted by law enforcement people claiming that the banks were going to close down due to an imminent collapse. That was in August of 2010. But even though that failed, Bob continued to push the collapse scenario.

There is absolutely no reason why the FED would call a banking holiday which would cut off people’s access to money. The economy would collapse within weeks, and they would get the blame. As long as they’ve got the means to keep creating money, there simply is no rationale for this. People who continue to make these claims simply don’t understand either the power of the Fed or the plans of the PTB.

The list of those calling for imminent collapse is growing longer by the week, but it doesn’t mean it is any more true. R.G. Allen, Robert Kiyosaki, Gonzalo Lira, Mike Maloney, Mike Dillard (who’s been pushing the collapse of the EURO for years now and still won’t stop despite the failure of his predictions), and more recently the National Inflation Association, Porter Stansberry and Sandy Leeds are all pushing imminent collapse. While economic fundamentals are crying out for a collapse, these good people don’t understand the powerful nature of the conspiracy we are dealing with and their ability to manipulate the economic numbers.

Even Peter Schiff is predicting collapse by 2014, as reported by Dominique de Kevelioc de Bailleul of Beacon Equity Research—and she’s a believer too. “Gold and silver investors watching metals prices move back down near to the Dec. 29 lows of $1,523.90 and $26.15, respectively, should seriously consider accumulating the metals now. The ‘Big Reset’ of the global financial, slated for no later than 2014, will reward precious metals holders as the big winners among investors [that part is true, if you take possession], according to Peter Schiff.

“Schiff, the CEO of Euro Pacific Capital said, ‘The United States is in a lot of trouble [true].’ After the Fed presumably embarks on QE3, and that stimulus wears off, ‘I think we’re going to have a crisis. I don’t think we’re going to have time for QE4 or QE5. I mean, ultimately, that’s where we’re headed, because that’s all QE does. Each QE sows the seeds of the next QE [also true, there’s no solution in the Fed monetizing the debt, but it does prolong things—a lot longer than these guys think].’

“And global money looking for a safe haven won’t stand for another repeated currency debasements through debt monetization by the U.S. central bank [but, in fact, do stand for it and they applaud it. All the big investors were hoping for the bailout in Europe, even those not directly involved, because it means the chances are better at keeping the whole system propped up. Few have any principles anymore]. Because Europe’s woes have forced politicians to make tough choices there, the spotlight has been taken off, temporarily, the even-more dire circumstances of debt loads and deficits of the U.S., according to Schiff [true, but understates the FEDs far greater ability to inflate and get away with it, without causing a collapse]. ‘Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors [Not true at all. While there is growing public sentiment for national interests before global interests, all the politicians in power are wedded to globalism and go along. Chancellor Merkel of Germany is a prime example—always bashing bailouts but going along and pushing for even more EU powers to deal with the crisis].’

“Schiff’s time line for the Armageddon scenario of a U.S. dollar crisis matches predictions made by commodities legend Jim Rogers and ShadowStat’s economist John Williams, with each man projecting 2014 as the year the U.S. dollar no longer maintains its former role as the world’s premiere reserve currency—implying a severe decline of its global purchasing power and much higher metals prices [The latter is mostly true, but not the destruction of the reserve status, as I will explain].

“In 2014, that’s the year the U.S. economy is expected to reach fresh new lows and the year politicians will finally be forced to face the tough choices regarding proposed cuts to federal, state and local government budgets, according to the three men [There will be no facing of the tough choices—no politician will survive if they cut spending to a balanced budget level]. It will also be the year that ushers in severe social unrest, similar to what is happening in Greece, in the case of Jim Rogers’ prediction for 2014 [maybe, if they really cut benefits and special interest spending, but that’s not going to happen].

Social unrest would only come if the government had the courage to really cut back in not only welfare and benefits, but all their other spending outlays that put millions into the hands of government connected companies and foundations.

Look at the political realities: There are huge constituencies for welfare, bailouts, foods stamps, school loans, foreign aid, military spending, loan guarantees, export-import banks, etc, etc. There are 45 million people on food stamps alone and 25 million government employees, 3 million total military, including civilian employees, and most of these people vote for a continuation of the status quo.

In addition there are millions of liberal, well healed Americans that vote for their favorite government spending programs: the arts, entertainment subsidies, education and foreign aid. After all, they aren’t getting a tax bill for it—it’s mostly deficit spending. None of these are going to tolerate the massive spending cuts necessary for national solvency.

Let me quickly review, once again, the reasons why a collapse or devaluation of the dollar, hyperinflation, or the dollar quickly losing its reserve currency status is not imminent and can’t happen quickly any time in the next few years:

1) Collapse: Collapse of a currency can only happen if it becomes relatively worthless in a short period of time. Inflation of the currency at high rates is the only thing that can cause this, ending either in devaluation and/or hyperinflation. Neither of these are real threats to the dollar currently despite the huge debt crisis.

2) Devaluation: Devaluation happens when a currency value is pegged to another at a fixed exchange rate, and the smaller currency inflates at a more rapid rate than the pegged currency causing an imbalance in demand which eventually causes the peg to be broken and a new fixed rate set. The dollar isn’t pegged to anything—it’s the standard. In a non-pegged system an informal devaluation can only occur if the dollar is being inflated at a much higher rate than other currencies. That isn’t happening because every other currency is inflating about the same rate proportional to their base as is the dollar. In fact, other currencies approve of US inflation, because it allows them to inflate their currency while maintaining the same relative exchange rate with the dollar.

3) Hyperinflation: Two things must be present for hyperinflation to happen. First, you must start with a relatively small money supply that can be expanded multiple times. The dollar base is so large, after having been inflated and spread around the world for so long that it literally can’t be inflated rapidly as compared to smaller currencies. The quantity of dollars in circulation is estimated at $300 trillion (not counting the huge non-monetized economy of derivatives, contracts and hedges perhaps as big as $500T). The FED could create $30T a year and it wouldn’t exceed 10% inflation rate. Even that huge amount isn’t hyperinflation, which results in panic spending due to rapidly rising prices. Second, a nation has to have an automatic injection mechanism to put increasing quantities of money into the pockets of consumers so they can keep up with rising prices, otherwise the inflation kills stops economic growth. We don’t have that, and what we do have (food stamps, unemployment compensation, Soc. Sec. etc) isn’t effectively indexed to inflation. Without the public’s ability to get more money each month as in Germany in 1936, the economy retracts as people can’t keep up, and spending decreases—again stopping hyperinflation and causing stagflation.

4) Loss of Reserve Status. This also can’t happen anytime soon since the dollar base is so much larger than any other currency. You’d have to print up probably 5 times the existing quantities of Euros to supplant the dollar and that would have devastating inflationary effects on the Eurozone. The same with the British Pound. No one would trust the Chinese Yen because there’s no transparency there either. What about a basket of currencies? —The same problem exists there as in the EU—even their strict rules about one nation expanding their Euros over another, the southern tier of nations found ways of cheating. No one can trust any of these voluntary agreements anymore.

If there is a real threat right now, it’s the huge derivatives and hedge fund bubble—trillions of dollars committed in contracts but almost without actual asset backing. No big paper investment happens today with CDS derivative insurance or hedging, and little of that can actually be paid to the beneficiary if a sufficient crisis develops. However, this mainly affects the huge speculative economy—and these have the most power to get a bailout from their fellows at the FED.

Rather than see a collapse coming this year or even by 2014, I think we are going to see another mild inflationary recovery (not a true recovery), but one where inflation finally starts to overpower deflationary forces and people start to spend again, and hire. It won’t be big, but it will help the PTB extend this debt spiral until the end of the decade where even bigger world conflicts will help them escape final blame. Don’t underestimate the power of the PTB to keep inflating enough to stave off default and yet keep inflation below 10%.

That said, we are dealing with conspiracies here—and the PTB could simply decide to pull the plug on the economy. All they would have to do is stop intervening in the huge derivative market to keep those contracts from defaulting, as they have been recently in Europe. The derivatives bubble is by far the largest ponzi scheme ever—trillions in promises to pay without any means to make good on all those promises, even after the hedges balance out the excess exposure.

In fact, the derivative mess has been threatening to collapse ever since AIG in 2008, and yet the financial PTB continue to stop the derivative contracts from being collected on. In Europe, for example, they kept insisting that no default had occurred when investors in Greek bonds had to take a 50% haircut (loss on their bond investments). Hence no one could make good on those CDS default swap insurance policies (which are sold as guarantees on all these big risky investments). They change the rules all the time, and control the higher powers that might rule those changes illegal. I think they can keep this up for several more years.

This doesn’t mean you shouldn’t be preparing for a major disaster in the world, I just don’t think it’s imminent or that it is going to be financial in nature alone. I think war is the big thing that will drop all the world’s economies and that’s at least 10 years away. So, you’ve barely got time to prepare.

Joel Skousen: Lindsey Williams – How Credible? — By the end of 2012 he claims “all private fortunes will be lost that are secured with paper.” [I’d say, no way. A total collapse of paper won’t happen till WWIII, and Iran won’t trigger the big war]

World Affairs Brief, December 16, 2011 Commentary and Insights on a Troubled World. Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com)

LINDSEY WILLIAMS: HOW CREDIBLE?

I get asked quite frequently to comment on Lindsey Williams’ latest revelations which he claims comes from insider oil men that he came to know while a Baptist oil field chaplain in Alaska. At first Williams was very accurate because of first-hand knowledge about a giant US oil field on Gull Island in the Arctic that the government required to be capped to force US dependence on foreign oil. My own opinion is that it was done to preserve US oil for some future world war in which our foreign oil supplies will be cut off. The powers that be (PTB) aren’t hoping to use that oil for our benefit but for their own control of a provoked war that will push us into a New World Order.

Lindsey developed two sources of insider information while in Alaska. The most important was Ken Fromm who later became the head of ARCO oil and was later fired for talking to Williams about holding Gull Island oil off the market. Ken Fromm has since died and another executive close to Fromm has continued to feed Williams supposed insider information about oil and the globalist threat to America.

I do not believe Fromm was a true insider. He was a lower level player at best, who primarily came into contact with the PTB only when he was threatened by federal agents to cap the huge oil find. Obviously ARCO was compensated under the table. Fromm must have then decided to go along, but he was never high enough to know long-term insider plans (which are constantly between tweaked). His sources may have claimed they were telling him high secrets, but that would be very unlikely unless Fromm was evil enough to be trusted by the PTB. I believe Fromm was probably sincere and caught between the threats of government upon his company and his own principles. That is why he wanted to let Williams in on what he felt was going on.

But no true insider would have been talking to a Christian patriot like Lindsey Williams, and Fromm was eventually called on the carpet for doing so. I think Fromm was gleaning some things from those he knew who were part of the conspiracy and passing along orders from above, but Williams clearly doesn’t understand how the conspiracy works and why he had a too-good-to-be-true relationship going. Now he should be much more skeptical of those feeding him part truth and part error.

The PTB record all telephone conversations and email, especially insiders who might be tempted to talk too much, and all journalists—to make sure nothing gets out they don’t want getting out. No one on our side would be allowed deep into the inside, and if someone did by a fluke, he certainly would be discovered quickly and shut down if he were regularly leaking to someone like Williams who runs around telling everything to the world.

The inconsistent thing about Williams’ story is that he claimed he was threatened into shutting down his speaking engagements and stopping publication of his book (The Non Energy Crisis) about the same time Fromm was fired. But then, magically, new sources start feeding him information again and he can keep peddling stories. That’s fishy.

I have no doubt someone is actually talking to Williams, but that person is not on our side and he’s playing with Williams in order to get him discredited. After Fromm died, I think the PTB decided to keep giving Williams some truths and some falsehoods. Williams is rather naive and self-promoting about some things and that made him a good candidate for parlaying disinformation.

Fromm’s colleague took over the task of feeding Williams information and started off feeding information that correctly predicted a collapse in the price of oil. That cemented Williams’ reputation as someone who still had good inside information. A few years ago, the oil manipulators were storing oil in every possible storage facility and empty tanker they could find in order to create an artificial shortage and jack up the price of oil. Williams’ oil insider friend must have known that excess oil storage capacity was nearing an end and that the manipulation game had run out of rope. He told Williams that oil would drop precipitously to $50 a barrel from over $100, and it happened almost exactly that way.

From that point on, Williams was riding high on the claim that he had a perfect track record. But his sources have been more wrong than right lately. Over a year ago he predicted the price of oil would rise to $150 Barrel and that the dollar would be dead within a very short period. When the Euro crisis hit (which boosted the dollar) he said we have “just 2 to 3 weeks until it happens to US!” It didn’t happen. That isn’t to say there aren’t huge problems, just that his timing was way off.

We are still waiting for his “Get Ready for $5 a Gallon Gasoline and Major Food Price Increases!” claimed months ago. Certainly, he’ll be right eventually, but my point is that when he makes these announcements, he claims specific insider detailed information, and the details are wrong. The more Williams hypes the message the more he is beginning to sound like Chicken Little. His latest predictions are also a bit too specific, though generally have a better chance of coming true:

1). U.S./NATO will incite a war with Iran by Sept/Oct of 2012, just before the election which will boost Obama into office for a second term. I too think they will attack, but I’m not at all sure it will wait until then. However, it is very likely that if the PTB want to put Obama in again, a war right before elections is the way to do it. This is possible or even probable.

2) Next fall, it’s coming down (the whole economy). By the end of 2012 he claims “all private fortunes will be lost that are secured with paper.” [I’d say, no way. A total collapse of paper won’t happen till WWIII, and Iran won’t trigger the big war]

3) Gold going to at least $3,000 [unlikely within a year, but inevitable eventually]

4) Gas will be $8-10/gallon, once the war starts and 40% of the world’s oil supply is cut off [more like 10-20%], and Gull Island’s gigantic oil field in Alaska is already being tapped [Alaska pipeline figures don’t support this].

Frankly, since we never hear from Mr. X himself, we can’t tell if the source is putting out these questionable claims or weather Lindsey Williams is exaggerating them into something specific in order to be dramatic. Once a person gets a reputation for ever more dramatic revelations every time he appears on Alex Jones, it’s pretty hard to stop and say something normal, or admit you’ve been wrong—which he never does.

Related:

[ audio ] Lindsey Williams: U.S./NATO to Insite Iranian War by Sept/Oct of 2012 —”By the end of 2012, all private fortunes will be lost that are secured with paper.”

[Alex Jones TV] Lindsey Williams: Elite to cut off oil from Middle East | Gigantic, hushed up, Gull Island oil reserve in Alaska to be finally tapped!!!

Lindsey Williams: Soon, US will be forced to allow drilling in the massive Alaska oil fields — as middle east oil is cut off from our shores

Lindsey Williams Returns: China is the BIG ONE! Watch China and Russia. “They’re interested in the technology. And once they get it they’ll turn around and throw it right back in our face, just like the Japanese did [before WWII].”

Lindsey Williams Returns: Get Ready for $5 a Gallon Gasoline and Major Food Price Increases! – Alex Jones Tv

Lindsey Williams: The Elite Speak — Dollar to devalue by 30-50% in the next 12 months

Lindsey Williams on Radio Liberty: Lindsey predicts…

Lindsey Williams Returns: Confessions of an Elitist Who Has Now Passed. When the Euro dies we just have 2 to 3 weeks until it happens to US!

Lindsey Williams Returns: Get Ready for $150 Barrel of Oil and Mr. X Revealed!

Lindsey Williams: Deathbed Globalist “Spills Gut” On Plan to Destroy America

Lindsey Williams on Alex Jones Tv: Lindsey talked with elite insider again (2/24/10) about the future of America and monetary system, the globalist plans for the rest of the world — “The dollar will be dead by 2012.”

Lindsey Williams on the Two Year Globalist Timetable: “They have some definite plans. Now whether they will succeed and accomplish it or not is another story. I hope they don’t, but on the other hand, that is their timeline”

[10/23/09] Lindsey Williams: We Have Just 2 Years to Get Our Act Together?

[10/20/09] Lindsey Williams Back on Alex Jones Tv: Total Economic Collapse of America in 2 Years? / “The Devil’s Messiah”

[10/19/09] Globalist Insider Tells Lindsey Williams: “Within TWO YEARS you will not recognize America. … You will be so poor you will not be able to rebel”

Lindsey Williams’ Book Now Online: “The Energy Non-Crisis”

Lindsey Williams’ Life Threatened by Tycoon for Speaking Out About the Non-Energy Crisis

Skousen: Gas Price Manipulation—Public Needs to Demand Opening of the Gull Island Oil Field (Alaska)

Lindsey Williams: The Energy *Non*-Crisis—Alaska’s ‘Classified’ Oil Reserve Largest on Earth?

[ audio ] Lindsey Williams: U.S./NATO to Insite Iranian War by Sept/Oct of 2012 —”By the end of 2012, all private fortunes will be lost that are secured with paper.”

“Time to get ready.”

Related:

Joel Skousen: Lindsey Williams – How Credible? — By the end of 2012 he claims “all private fortunes will be lost that are secured with paper.” [I’d say, no way. A total collapse of paper won’t happen till WWIII, and Iran won’t trigger the big war]

– –

Lindsey predicts:

Next fall, it’s coming down.

“By the end of 2012,
all private fortunes will be lost that are secured with paper.”

Gold going to at least $3,000

Gas to $8-10/gallon, once the war starts
and 40% of the world’s oil supply is cut off

Gull Island’s gigantic oil field in Alaska
(that Lindsey has talked so much about)
is already being tapped.

* * *

The information starts here. Part 1 is included below.[youtube=http://www.youtube.com/watch?v=hQnkSRnBn_g]Lindsey Williams: U.S./NATO to Insite Iranian War by Sept/Oct of 2012 2/4

Uploaded by on Dec 8, 2011

Alex talks with Lindsey Williams, who as an ordained Baptist minister went to Alaska in 1971 as a missionary working for the oil giants. His insider sources in the industry have predicted a number of critical events with startling accuracy. Mr. Williams and Alex will talk about oil and the emerging war situation as the globalists plot to attack Iran.
http://www.infowars.com/
http://www.prisonplanet.com/

[youtube=http://www.youtube.com/watch?v=zhv9hZ1aNvU]

[youtube=http://www.youtube.com/watch?v=UL4UUYZ5ioU]

Continue reading “[ audio ] Lindsey Williams: U.S./NATO to Insite Iranian War by Sept/Oct of 2012 —”By the end of 2012, all private fortunes will be lost that are secured with paper.””

[audio] Lindsey Williams, Joel Skousen, Bob Fletcher on Radio Liberty with Dr. Stanley Monteith

Related:

[Alex Jones TV] Lindsey Williams:
Elite to cut off oil from Middle East |
Gigantic, hushed up, Gull Island oil reserve in Alaska to be finally tapped!!!

* * *

Dr. Stan
“A national treasure!”

* * *

From Dr. Stanley Monteith’s Radio Liberty archives

Date: 06-23-11
Hour: 1
3:00: Lindsey Williams – Destroying America
Hour: 2
4:00: Joel Skousen – World Affairs Brief
Hour: 3
8:00: CJ www.thestoryofjesus.com AND Buck www.seedcatalog.com
Hour: 4
9:00: Melody Cedarstrom – Why Gold & Silver
Date: 06-22-11
Hour: 1
3:00: to be announced
Hour: 2
4:00: Pastor Billy Crone – Verifying the Flood
Hour: 3
8:00: Pharmacist Ben Fuchs – New Products
Hour: 4
9:00: Kirk MacKenzie – Crisis: Defending Your Prosperity
Date: 06-21-11
Hour: 1
3:00: Kirk MacKenzie – Financial Crisis: Defending Your Prosperity
Hour: 2
4:00: Melody Cedarstrom – Why Gold & Silver?
Hour: 3
8:00: Dr. Dino Prato – Successful Cancer Treatments!
Hour: 4
9:00: Bob Fletcher – Exotic Weapons
Date: 06-20-11
Hour: 1
3:00: Barry Chamish – The Deviant
Hour: 2
4:00: Bob Chapman – Social Unrest & Economies
Hour: 3
8:00: Bob Chapman – Current Economical Situation
Hour: 4
9:00: Lindsey Williams – Current Events
Date: 06-16-11
Hour: 1
3:00: Maj. Douglas Rokke – Current Events
Hour: 2
4:00: Joel Skousen – World Affairs Brief
Hour: 3
8:00: Pastor Billy Crone – Revelation
Hour: 4
9:00: Dr. Garth Nicolson – Morgellon’s Disease
Date: 06-15-11

[Alex Jones TV] Lindsey Williams: Elite to cut off oil from Middle East | Gigantic, hushed up, Gull Island oil reserve in Alaska to be finally tapped!!!

Related:

Lindsey Williams, Joel Skousen, Bob Fletcher
on Radio Liberty with Dr. Stanley Monteith

* * *

[youtube=http://www.youtube.com/watch?v=I5hKd4-Rl2Q]Lindsey Williams & Alex Jones: Earth Shattering Events to Come!!

Uploaded by on Jun 22, 2011

Alex welcomes back to the show pastor Lindsey Williams. Since Lindsey appeared on the show earlier this year, his prediction about a war in the Middle East expanding into World War 3 are coming true as the U.S. prepares a ground invasion of Libya.

http://www.infowars.com/
http://www.prisonplanet.tv/
http://www.infowars.net/
http://www.prisonplanet.com/

http://lindseywilliams101.blogspot.com/

[youtube=http://www.youtube.com/watch?v=hAMd7mXW5_4]Lindsey Williams Special Report: America Will Default on It’s 14+ Trillion Dollar Debt

[youtube=http://www.youtube.com/watch?v=eDioUCukACQ]Lindsey Williams Special Report: The Liberty Rig, Gull Island to be Tapped!!

[youtube=http://www.youtube.com/watch?v=UkziHY1kLaM]Lindsey Williams: Obama Must Destroy Middle East, Reduce House of Saud to Desert Vagabonds 1/2

[youtube=http://www.youtube.com/watch?v=8v8JqSYxL8U]Lindsey Williams: Obama Must Destroy Middle East, Reduce House of Saud to Desert Vagabonds 2/2

Related:

Lindsey Williams: Soon, US will be forced to allow drilling in the massive Alaska oil fields — as middle east oil is cut off from our shores

Lindsey Williams Returns: China is the BIG ONE! Watch China and Russia. “They’re interested in the technology. And once they get it they’ll turn around and throw it right back in our face, just like the Japanese did [before WWII].”

Lindsey Williams Returns: Get Ready for $5 a Gallon Gasoline and Major Food Price Increases! – Alex Jones Tv

Lindsey Williams: The Elite Speak — Dollar to devalue by 30-50% in the next 12 months

Lindsey Williams on Radio Liberty: Lindsey predicts…

Lindsey Williams Returns: Confessions of an Elitist Who Has Now Passed. When the Euro dies we just have 2 to 3 weeks until it happens to US!

Lindsey Williams Returns: Get Ready for $150 Barrel of Oil and Mr. X Revealed!

Lindsey Williams: Deathbed Globalist “Spills Gut” On Plan to Destroy America

Lindsey Williams on Alex Jones Tv: Lindsey talked with elite insider again (2/24/10) about the future of America and monetary system, the globalist plans for the rest of the world — “The dollar will be dead by 2012.”

Lindsey Williams on the Two Year Globalist Timetable: “They have some definite plans. Now whether they will succeed and accomplish it or not is another story. I hope they don’t, but on the other hand, that is their timeline”

[10/23/09] Lindsey Williams: We Have Just 2 Years to Get Our Act Together?

[10/20/09] Lindsey Williams Back on Alex Jones Tv: Total Economic Collapse of America in 2 Years? / “The Devil’s Messiah”

[10/19/09] Globalist Insider Tells Lindsey Williams: “Within TWO YEARS you will not recognize America. … You will be so poor you will not be able to rebel”

Lindsey Williams’ Book Now Online: “The Energy Non-Crisis”

Lindsey Williams’ Life Threatened by Tycoon for Speaking Out About the Non-Energy Crisis

Skousen: Gas Price Manipulation—Public Needs to Demand Opening of the Gull Island Oil Field (Alaska)

Lindsey Williams: The Energy *Non*-Crisis—Alaska’s ‘Classified’ Oil Reserve Largest on Earth?

Pastor Lindsey Williams: NWO to Target ‘Yemen’ Next!

[youtube=http://www.youtube.com/watch?v=1m5RPdxAY6A]Pastor Lindsey Williams: Nwo to Target ‘Yemen’ Next! – Alex Jones Tv 1/4

Uploaded by on Apr 13, 2011

Alex talks with pastor Lindsey Williams, who has revealed a plan by the globalists to take oil to $200 a barrel, devalue the dollar, and destroy the United States.

Continue reading “Pastor Lindsey Williams: NWO to Target ‘Yemen’ Next!”

Lindsey Williams: Arab Monarchies To Be Overthrown! The Dollar, 2012 and Watch China!

[youtube=http://www.youtube.com/watch?v=z_bcYLrJ1n4]Lindsey Williams Exclusive: Arab Monarchies To Be Overthrown!! – Alex Jones Tv 1/4

Uploaded by on Apr 6, 2011

Alex talks with the former Alaskan pipeline pastor and author Lindsey Williams about rising oil prices and the ongoing turmoil in the Middle East. In December, Williams told Alex that he’d learned from two retired top executives of major oil producers that the price of crude oil would rise to $150-200 per barrel. Williams warns that the global elite plan to kill the dollar and bring the once great United States to its knees and reduce it to third world status. Alex also covers the latest news from Libya to Japan and takes your calls.

Continue reading “Lindsey Williams: Arab Monarchies To Be Overthrown! The Dollar, 2012 and Watch China!”