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Check your accounts ASAP - $1T of American wealth gone (video)

OWoN: Check your accounts ASAP - $1T of American wealth gone


Jim Rickards, CIA Economist


$1 Trillion of American wealth just evaporated and that may only be a drop in the bucket


Wall Street Insights & Indictments

Dear Concerned American,

After 9/11 the CIA tasked me with tracking down suspicious trading activity that took place prior to the attacks.

This led to the launch of Project Prophecy.

Through Project Prophecy I developed systems for the CIA that detected imminent threats to our national security.

These may be from terrorist groups, rival nations, or even economic weaknesses that could lead to a collapse.

On August 7, 2006 my system predicted a terrorist attack that was thwarted in London three days later. A group of 24 Pakistani extremists were caught before they could blow up 10 U.S. passenger jets.

The same system led me to warn the Treasury of a coming economic crisis in the months leading up to the recession. This fell on deaf ears. And we all know what happened next.

Unfortunately, today I've uncovered alarming signals of a fast-approaching $100 trillion meltdown.

This will be unlike anything we've seen in history. And it's already getting started.

You see, since July, $1 trillion in wealth has been lost due to, what on the surface appears to be, a very minor market correction.

However, in the short video below I will show you a chart that proves this is only the beginning.




I'm stepping forward with all of my evidence so you'll understand why so many of my colleagues in the CIA, and across the entire U.S. Intelligence Community are already preparing for the worst-case scenario.

Because if we're right, there isn't much time left.


Stay Safe,
Jim Rickards
Financial Threat and Asymmetric Warfare Advisor
CIA & The Director of National Intelligence

2 comments :

  1. Harvard: Gap Between Rich And Poor Unsustainable
    http://wealthydebates.com/harvard-gap-rich-poor-unsustainable/

    (Boston) The widening gap between America’s wealthiest and its middle and lower classes is “unsustainable”, but is unlikely to improve any time soon, according to a Harvard Business School study released on Monday.

    The study, titled An Economy Doing Half its Job, said American companies – particularly big ones – were showing some signs of recovering their competitive edge on the world stage since the financial crisis, but that workers would likely keep struggling to demand better pay and benefits.

    “We argue that such a divergence is unsustainable,” according to the report, which was based on a survey of 1,947 of Harvard Business School alumni around the globe, and which highlighted problems with the US education system, transport infrastructure, and the effectiveness of the political system.
    (more at link above)

    ReplyDelete
  2. They’re Coming For Your Accounts
    http://commoditiefutures.com/theyre-coming-for-your-accounts/


    Trillion-Dollar Deficits

    In recent years, the US government has been spending $1 trillion per year more than it takes in. (And there are many additional factors at play.) The European situation is different, but not particularly better.

    These situations can only last so long. At some point, the governments will need more money, especially as banks are poised to fail.

    Governments will protect the big banks, at the expense of the citizens. You should take this seriously, and now.
    (read more at link above)

    ReplyDelete

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