| 1-25-2012 |
George Soros, The IMF And The World Bank Purposely
Trying To Scare The Living Daylights Out Of Us?
January 25, 2012
past couple of weeks, George Soros, the IMF and the World
Bank have all issued incredibly chilling warnings about
the possibility of an impending economic collapse.
Considering the power and the influence that Soros, the
IMF and the World Bank all have over the global financial
system, this is very alarming. So are they purposely
trying to scare the living daylights out of us? Soros is
even warning of riots in the streets of America.
Unfortunately, way too often top global leaders say
something in public because they want to "push" events in
a certain direction. Do George Soros and officials at the
IMF and World Bank hope to prevent a worldwide financial
collapse by making these statements, or are other agendas
at work? We may never know. But one thing is for sure -
many of the top financial officials in the world are using
language that is downright "apocalyptic", and that is not
a good sign for the rest of 2012.
now, George Soros is saying things that he has never said
before. Just check out what George Soros recently told
am not here to cheer you up. The situation is about as
serious and difficult as I’ve experienced in my
career,” Soros tells Newsweek. “We are facing an
extremely difficult time, comparable in many ways to
the 1930s, the Great Depression. We are facing now a
general retrenchment in the developed world, which
threatens to put us in a decade of more stagnation, or
worse. The best-case scenario is a deflationary
environment. The worst-case scenario is a collapse of
the financial system.”
in that same article, Soros is quoted as saying that we
could soon see the U.S. government using "strong-arm
tactics" to crack down on rioting in the streets of major
anger rises, riots on the streets of American cities
are inevitable. “Yes, yes, yes,” he says, almost
gleefully. The response to the unrest could be more
damaging than the violence itself. “It will be an
excuse for cracking down and using strong-arm tactics
to maintain law and order, which, carried to an
extreme, could bring about a repressive political
system, a society where individual liberty is much
more constrained, which would be a break with the
tradition of the United States.”
sounds like George Soros is anticipating the same kind of
a breakdown of society that many survivalists and preppers
are getting ready for.
bad are things going to get?
George Soros is publicly warning that the coming financial
crisis could end up being even worse than 2008. Just check
out the following quotes from him that appeared in a
recent Businessweek article....
investor George Soros said Europe’s sovereign-debt
woes are “more serious” than the financial crisis of
2008 and that the world faces the prospect of a
“vicious circle” of deflation.
have a more dangerous situation now than in 2008,”
Soros, 81, said in response to a question at an event
in the southern Indian city of Bangalore today. “The
crisis in Europe is more serious than the crash of
George Soros is not the only one issuing these kinds of
again, the head of the IMF, Christine Lagarde, has made a
speech in which she openly warned that we are heading for
a repeat of the "1930s".
an audience in Berlin on Monday that the globe is facing
"a 1930s moment, in which inaction, insularity and rigid
ideology combine to cause a collapse in global demand".
the speech she called for a trillion more dollars to
support financially troubled governments, and she made the
is not about saving any one country or region. It is
about saving the world from a downward economic
wrote about the other day, the World Bank has also been
using apocalyptic language about the global financial
situation. In a shocking new report, the World Bank
revised GDP growth estimates for 2012 downward very
sharply, it warned that Europe could be facing financial
collapse at any time, and it instructed the rest of the
world to "prepare for the worst."
author of the report, Andrew Burns, said that the
"importance of contingency planning cannot be stressed
enough" and that if there is a major financial crisis in
Europe the entire globe will be deeply affected....
escalation of the crisis would spare no-one.
Developed- and developing-country growth rates could
fall by as much or more than in 2008/09."
we be alarmed that George Soros, the IMF and the World
Bank are all proclaiming that a financial nightmare could
be just around the corner?
we should be.
their motives are pure or not, they are telling the truth
about the global financial situation in this case. As I
have written about so frequently, there are a whole host
of signs that indicate that we could be on the verge of a
major global recession.
A lot of
folks in the investment world are warning that hard times
are about to hit us as well. For example, the following is
what legendary investor Joseph Granville recently told
Granville, whose “sell everything” call in 1981
sparked a decline in U.S. stocks, said the Dow Jones
Industrial Average (INDU) will drop toward 8,000 this
year because of waning momentum and volume.
precedes prices,” Granville, 88, a technical analyst
who has been publishing the Granville Market Letter
from Kansas City, Missouri for about 50 years, said in
an interview on “Street Smart” on Bloomberg
Television. “You are seeing much lower volume. That
tells you that prices are going to go much lower, much
lower than most people think possible and very few
people have projected.”
all of the warnings out there, it only seems prudent to
prepare for the worst.
unfortunately, a lot of people are just going to leave
their holdings sitting out there like a dead duck, and
they are going to be absolutely devastated by the coming
that believe that the United States can somehow escape the
coming financial storm don't really know what they are
there was very troubling news for the U.S. dollar just the
other day. It was announced that India will start paying
for its oil from Iran in a currency other than U.S.
is just another sign that the rest of the world is
starting to reject the U.S. dollar. For decades, the U.S.
dollar has been the reserve currency of the world and this
has given us a tremendous advantage. Unfortunately for us,
that is now changing.
newspapers are not talking about what is going on, but
mainstream newspapers in Europe are. Right now, some of
the biggest countries in the world are working on plans to
quit using U.S. dollars for the buying and selling of oil.
following comes from a recent article in The
the most profound financial change in recent Middle
East history, Gulf Arabs are planning – along with
China, Russia, Japan and France – to end dollar
dealings for oil, moving instead to a basket of
currencies including the Japanese yen and Chinese
yuan, the euro, gold and a new, unified currency
planned for nations in the Gulf Co-operation Council,
including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
meetings have already been held by finance ministers
and central bank governors in Russia, China, Japan and
Brazil to work on the scheme, which will mean that oil
will no longer be priced in dollars.
plans, confirmed to The Independent by both Gulf Arab
and Chinese banking sources in Hong Kong, may help to
explain the sudden rise in gold prices, but it also
augurs an extraordinary transition from dollar markets
within nine years.
This is a
very big deal, and if this gets pulled off it is going to
have devastating consequences for the U.S. dollar and for
the U.S. economy.
course when it comes to troubles for the U.S. financial
system, there are a whole host of issues that could be
environment for a "perfect storm" is developing, and most
Americans have absolutely no idea what is about to happen.
there are some researchers out there that are working hard
to sound the alarm bells. For example, the following quote
comes from a recent interview with Gerald Celente....
believe that we have to watch out for something along
the lines of an economic martial law. The European
system is in collapse. The financial system in the
United States is just as tenuous, if not more, and I
believe they will not admit there will be a financial
crash but rather they will use a geo-political issue
to get the people in a state of fear and hysteria
whereby they'll then call a bank holiday or
devaluation of the currency, or a hyperinflation of
the currency, and blame it on somebody else.
be wise to listen to what experts such as Gerald Celente
the time to take stock of where you are at and to make
plans for the coming year.
because things have "always" been a certain way does not
mean that they will continue to be that way.
because certain things have "always" worked in the past
does not mean that they will continue to work in the
is experiencing fundamental changes. It is changing at a
faster pace than we have ever seen before. The way that we
all live our lives five or ten years from now will be
vastly different from how we live our lives today.
be a very challenging time to be alive, but it is also
going to be a very exciting time to be alive.
do all of you think is going to happen in 2012?