A healthy economy with a healthy tax system does not needs the FED or any other bank for funding. The banks will disappear in a few years with the help of e-money.
Do you think cash wont exist? If disaster strikes (electricity down) you will use e-money?
Topic: World Market Bubbles HAVE to Pop! Next Great Depression Coming (Read 485 times)
A healthy economy with a healthy tax system does not needs the FED or any other bank for funding. The banks will disappear in a few years with the help of e-money.
Got into the GDX months ago at <14. Too much cheap money, social and moral order breaking down. Yeah, I'm still long.
Not yet gone through it, but I have heard a lot of people comment on this, and say the next big depression is about to happen. Unfortunately the US after last time, didn't fix much of the things that caused the depression in the first place, so it can definitely happen again, but I don't think they will let it happen this time. I read somewhere the problem is actually bigger this time, because the banks are even bigger this so a collapse like the one which happened in Iceland, could really shake it all.
Actually what is happening is, the one-worlders have been trying to collapse the money system for ages. But the people and big business just go on with everyday life, and the system survives.
Not yet gone through it, but I have heard a lot of people comment on this, and say the next big depression is about to happen. Unfortunately the US after last time, didn't fix much of the things that caused the depression in the first place, so it can definitely happen again, but I don't think they will let it happen this time. I read somewhere the problem is actually bigger this time, because the banks are even bigger this so a collapse like the one which happened in Iceland, could really shake it all.
I think all financial systems enable bubbles in one way. It is not the financial system that is to blame it's human greed, easy and simple.
World Market Bubbles HAVE to Pop!
Next Great Depression Coming;
FED Done Says Harry Dent
World Market Bubbles HAVE to Pop!
Next Great Depression Coming;
FED Done Says Harry Dent
https://www.youtube.com/watch?v=SCarJpIAsgU
Next Great Depression Coming;
FED Done Says Harry Dent
Gold to go Ballistic in 2016; Get our Top Gold/Silver Profit Strategy:
http://CrushTheStreet.com/InvestRight
Harry is back to reiterate his call for massive deflation and stock market crash. This is what he's been saying for years despite the slow progression and often opposite appearing reality (stock market & gold rallying). The long-term trends make sense that we're overdue for another great depression but it's really up to the world financial system whether it holds together or crashes and when is up in the air.
TOPICS IN THIS INTERVIEW:
02:00 Deflation Coming Despite Historic Inflationary Measures
06:40 Oil Price Crash & Frackers Will be Dead
08:00 Will be 70% Correction, Worse than 2008 by Far
12:00 Loss in Faith of Currency...Inflationary or Deflationary?
12:50 Gold could Not Back Money says Harry
16:20 US is Not Weimar Germany 1920's
17:00 Chinese Bubble in Real Estate & more
17:45 Gold is Only in a Bear Market Rally
21:00 Get more from Harry Dent & his Research and New Book
http://CrushTheStreet.com/InvestRight
Harry is back to reiterate his call for massive deflation and stock market crash. This is what he's been saying for years despite the slow progression and often opposite appearing reality (stock market & gold rallying). The long-term trends make sense that we're overdue for another great depression but it's really up to the world financial system whether it holds together or crashes and when is up in the air.
TOPICS IN THIS INTERVIEW:
02:00 Deflation Coming Despite Historic Inflationary Measures
06:40 Oil Price Crash & Frackers Will be Dead
08:00 Will be 70% Correction, Worse than 2008 by Far
12:00 Loss in Faith of Currency...Inflationary or Deflationary?
12:50 Gold could Not Back Money says Harry
16:20 US is Not Weimar Germany 1920's
17:00 Chinese Bubble in Real Estate & more
17:45 Gold is Only in a Bear Market Rally
21:00 Get more from Harry Dent & his Research and New Book
World Market Bubbles HAVE to Pop!
Next Great Depression Coming;
FED Done Says Harry Dent
https://www.youtube.com/watch?v=SCarJpIAsgU
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