Bad
Moon rising: Americans bracing for September shocker
RT,
16
August , 2015
Across
the vast expanse of the internet, everyone from professional
economists to armchair theorists are sounding the alarm that next
month may hold some ugly surprises for the global economy.
Despite
exorbitant executive salaries, record earnings on Wall Street and a
surging dollar, an increasing number of forecasters are warning the
feel-good data is severely skewered - a bit like a new coat of paint
that used-car dealerships use to conceal the fact that a car's engine
is shot. Indeed, many experts are giving the rickety US-made jalopy
just months before the big collapse begins.
Gerald
Celente, the founder of Trends Research, who predicted the “panic
of 2008,” says the economic earthquake will send
reverberations around
the world.
“You’re
going to see a global stock market crash,” Celente
told King World News.
“There’s
going to be panic on the streets from Wall Street to Shanghai, to the
UK down to Brazil.”
“You’re
going to see one market after another begin to collapse.”
Doug
Casey, a successful investor and the head of Casey Research, saw
little to be upbeat about in the current economic climate.
"With
these stupid governments printing trillions and trillions of new
currency units," Casey, describing the US Federal Reserve’s
quantitative easing program, told Reason magazine in a
recent interview,
“it's building up to a catastrophe of historic proportions."
And
he certainly does not advise keeping much money in any financial
institution.
"Most
of the banks in the world are bankrupt," he
said.
In
a recent conversation between senior analyst Larry Edelson and Mike
Burnick, the Research Director for Weiss Research, Edelson made a
stunning prediction, even providing an exact
date for
what he predicts will be a “rollercoaster
ride through hell.”
“On
October 7, 2015, the first economic super cycle since 1929 will
trigger a global financial crisis of epic proportions. It will bring
Europe, Japan and the United States to their knees, sending nearly
one billion human beings on a roller-coaster ride through hell for
the next five years. A ride like no generation has ever seen. I am
100 percent confident it will hit within the next few months.”
And
there are dozens of other such apocalyptic predictions on the health
of the global economy that it leaves one feeling dizzy and desperate
- something like watching an approaching tidal wave in the full
knowledge there is no hope of outrunning it.
Meanwhile,
confidence in the US economy among Americans dropped sharply in July
to its lowest level in 2015, according to a new US Economic
Confidence Index rating released by
Gallup earlier this month.
Perhaps
the non-stop onslaught of super-negative news – everything from the
Greek tragedy to the Chinese currency devaluation – has got
Americans convinced the global economy has entered dangerous waters.
Indeed, scratch the shiny surface of the US economy and the wear and
rust is immediately apparent.
Jeff
Berwick, Canadian entrepreneur and editor of The Dollar Vigilante,
recently told Gordon T. Long in an interview:“There’s
enough going on in September to have me incredibly curious and
concerned about what’s going to happen.”
- Jade
Helm 15, an ultra-secret (i.e. no media presence permitted) US
military exercise spanning seven Southwestern states is expected to
end of September 15; five closed WalMart stores, ostensibly for
plumbing work, in the vicinity of the exercises has raised
fears that
the sprawling facilities will be able to double as some sort of
detention centers following the collapse;
- Pope
Francis is scheduled to address the 70th annual UN General Assembly
in New York on September 25; will the Bishop of Rome be in town to
offer a divine blessing to Wall Street, which may require a real
miracle to escape the fallout from the next downturn?
- Last
but not least, the US Federal Reserve will hold its Federal Open
Market Committee (FOMC) on September 16-17, where it is anticipated
that Fed chair Janet Yellen will announce an interest rate hike, the
first in years, which experts say could possibly trigger economic
panic.
Indeed,
the hysteria over next month has reached such a fever pitch that
even seasoned experts are cracking open their dusty Bible for
signposts.
The
seventh year of the Biblical agricultural cycle - as set down in the
Torah – just happens to fall on September 15, 2015. This is a real
millennial event, with a so-called tetrad of blood moons (four
consecutive lunar eclipses) all falling on Judaic religious days. For
those who track such astrological occurrences, a number of major
events have occurred at the end of the “7-year business cycle,”
as it is now commonly known.
In
2008, for example, the world suffered its worst financial crisis in
decades, while in September 2001 the United States experienced the
worst-ever terror attack on its territory, as well as a massive
sell-off on Wall Street when markets reopened on Sept. 17.
Whatever
the case may be, Americans – increasingly wary of the weak
underbelly of their economy - are gearing up for fireworks in
September. But even if nothing happens, all that prepping and
stockpiling – much like in the runup to the overhyped Y2K non-event
- will certainly boost economic performance across the board.
At this point, the US economy can use all the help it can get - even if it comes courtesy of a possible conspiracy theory.
At this point, the US economy can use all the help it can get - even if it comes courtesy of a possible conspiracy theory.
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