2013: ‘The End Game’- Is the Big Reset Imminent?

January 1, 2013 By 109 Comments

big resetRaoul Paul sent shock-waves throughout the financial markets in June in what Tyler Durden called the scariest presentation ever, when Paul predicted a complete systemic collapse of the financial system was merely 6-9 months away.  Is the Big Reset still imminent?

‘The world has no engine of growth with most of the G20 countries approaching stall speed at the same time.  The western world is about to enter its second recession in an ongoing depression…
For the first time since the 1930′s we are entering a recession- before industrial production, durable goods orders, employment, and private sector GDP have made back their previous highs. ‘

As to the timing of the collapse Paul states:
‘2012- 2013 will usher in the end.  We have about 6 months left…  Assume that no one and nothing is safe.  After that, we put on our tin helmets and hide until the new system emerges.

As to what the collapse will look like:
A global banking collapse and massive defaults would bring about the biggest economic shock the world has ever seen.  No trade finance, no shipping finance, no finance for farmers, no leasing, no bond market, no nothing…

The END GAME.   MUST READ! [Read more...]

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John Williams: New Recession in 2013, Open Ended QE Will Lead to Hyperinflation

December 21, 2012 By 8 Comments

Economist John Williams thinks the economy is in worse shape than most people think. In 2013, Williams predicts, “As this goes forward, you’re going to see we’re going to be in a new recession.” The Federal Reserve announced last week it is now printing a total of $85 billion every month to reduce unemployment and stimulate the economy. Williams says, “That’s nonsense. . . . There’s nothing they can do to stimulate the economy.” Williams has long contended the Fed is really just using the weak economy to continue to prop up the banking system. Williams says, “If the Fed wasn’t doing what it’s doing . . . I’d presume you’d be on the road to a banking system collapse. The banking system is still in trouble.” Williams warns the “open-ended” printing of $85 billion a month “. . . will be part of what will eventually become hyperinflation.” And if there is no deal on the so-called “fiscal cliff,” then Williams expects “heavy selling pressure on the U.S. dollar.” Join Greg Hunter as he goes One-on-One with John Williams. [Read more...]

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