Here is more news that the Main Stream Media refuses to report on the Economy. We will see a collapse happen very soon the likes the world has never seen. The warnings signs are there for you to see especially with so much information on the financial sectors. Teach yourself the ways of understanding what may be happening with the Economy. Then will the fog of deception will be lifted from your eyes. Thank you for visiting These Christian Times and God Bless You.
KING WORLD NEWS: On the heels of another wild trading week, today a 42-year market veteran spoke with King World News about what he believes is going to stun the world and bring total chaos to global markets. Below is the powerful interview with Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland
Greyerz: “Eric, the deflationary pressures are continuing in many areas. As an example, the eurozone consumer confidence had the biggest drop in 18 months. And in Germany, the latest figures are showing wage deflation of 0.6%. We also saw the same deflation in France of 0.6%….READ MORE: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/2/24_This_Will_Stun_The_World_%26_Bring_Chaos_To_Global_Markets.html
THE ECONOMIC COLLAPSE BLOG: If the economy is really “getting better”, then why have millions upon millions of formerly middle class Americans been pushed to the point of utter despair? The stories that you are about to read are absolutely heartbreaking. I don’t know how anyone can read them without getting chills. In America today, if you lose a good job, there is a good chance that you will get back on your feet before too long. But there is also a good chance that you won’t be able to find a decent job and will plunge into the abyss of depression and desperation that so many millions of other Americans have fallen into READ MORE: http://theeconomiccollapseblog.com/
ZERO HEDGE: Debt is the great palliative that has enabled the US and other major economies to escape reality, at least for a time. Ayn Rand described such behavior:
You can avoid reality, but you cannot avoid the consequences of avoiding reality.
It is possible to steal from tomorrow to improve today but only at the cost of having less of a future. That is what both nations and citizens have been doing. The ability to continue doing so has about run its course. The damage done to the future is real and will result in substantially lower living standards for those who foolishly believed that spending beyond one’s income was a miracle created by John Maynard Keynes READ MORE: http://www.zerohedge.com/news/2014-02-24/stock-market-mood-ring-faith-fed
ECONOMIC COLLAPSE WITHIN YEAR