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Nothing Can Stop It: “An Economic Collapse that is Going to be Worse than 1929″ *Video*
Before anybody in America ever cared about AIG, credit markets or bailouts, Karl Denninger had warned that the fuse was burning and had “gone inside the box.” This was in September of 2008, about a month before the bottom fell out of global markets and the giant kaboom was heard ’round the world. He had repeatedly sounded the alarm. A “credit event” was coming, and it couldn’t be stopped. No one listened.
The aftermath of the credit detonation that followed will go down in history as one of the most severe economic crises since the Great Depression.
Now, nearly 5 years on, we’re right back to where we started. In fact, we’re much worse off than ever before and in all likelihood we’re going to experience an event so severe it’ll make the Great Depression look like a picnic.
The time is fast approaching when the US government, the Federal Reserve and private banking conglomerates lose control of the entire system.
Silver To Eclipse $100 On Skyrocketing Chinese Demand
from KingWorldNews: We are seeing massive demand for photovoltaics out of both Japan and China. We are also continuing to see massive demand for silver in the Middle-East for this type of energy infrastructure as well. Eric, KWN readers need to understand that the demand for silver is literally set to explode because of the enormous increases in demand for physical silver because of photovoltaics.
While all of this is happening, the mainstream media is saying that China is about ready to fall apart. But the reality is that China plans to urbanize a remarkable 200 million people over the next 10 to 15 years.
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