Over the 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.
Right now, George Soros is saying things that he has never said before. Just check out what George Soros recently told Newsweek....
“I 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.”
Later on 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 U.S. cities....
As 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.”
It almost sounds like George Soros is anticipating the same kind of a breakdown of society that many survivalists and preppers are getting ready for.
So how bad are things going to get?
Well, 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....
Billionaire 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.
“We 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 2008.”
But George Soros is not the only one issuing these kinds of warnings.
Once 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".
She told 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".
During the speech she called for a trillion more dollars to support financially troubled governments, and she made the following statement....
"It is not about saving any one country or region. It is about saving the world from a downward economic spiral."
As I 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."
The lead 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....
"An 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."
So should 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?
Of course we should be.
Whether 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 Bloomberg Television....
Joseph 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.
“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.”
Considering all of the warnings out there, it only seems prudent to prepare for the worst.
But 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 financial tsunami.
Those that believe that the United States can somehow escape the coming financial storm don't really know what they are talking about.
In fact, 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. dollars.
But this 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.
U.S. 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.
The following comes from a recent article in The Independent....
In 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.
Secret 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.
The 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.
But of course when it comes to troubles for the U.S. financial system, there are a whole host of issues that could be talked about.
An environment for a "perfect storm" is developing, and most Americans have absolutely no idea what is about to happen.
Fortunately, 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....
I 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.
It would be wise to listen to what experts such as Gerald Celente are saying.
Now is the time to take stock of where you are at and to make plans for the coming year.
Just because things have "always" been a certain way does not mean that they will continue to be that way.
Just because certain things have "always" worked in the past does not mean that they will continue to work in the future.
Our world 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.
This will be a very challenging time to be alive, but it is also going to be a very exciting time to be alive.
So what do all of you think is going to happen in 2012?
Please feel free to leave a comment with your thoughts below....
Did you forget that you’re running a site calle the Economic Collapse? Don’t point fingers.
Anytime that even Soros is preparing, you know something is up? All I am doing is getting out of debt, and living with less, learning to do without. I live in a small city, believe me, you don’t want people who cant afford their medicine and drugs have to go through a forced detox in mass.
Nice to know that there are more out there like that.
Getting out of debt and living with less is definitely a good recipe for the country.
Want to become President?
Dump the whole millionaires congress and get some single moms and dads in there.
Either George Soros, Christine Lagarde, and the IMF, and others who are supposedly “in the know”, are intentionally trying to scare us – or they are getting scared themselves.
Perhaps they’ve encountered a situation that they no longer have any control of. They’ve run out of rabbits to pull from their hats, and that magic wand just isn’t working like it used to. It’s possible that they may actually be telling the truth about an impending financial crisis. You can cry “wolf” only so many times, before the sheeple start to catch on.
Yes, I think some members of the elite might be getting scared themselves. Quick, close the lid on Pandora’s box! NOW!! Oops… too late…
What does that bode for the rest of us? Weeelll…
Remember those fire extinguishers on the office wall, that were in these glass containers that said, “Break glass in case of emergency”? If there is a national emergency, a lot of store front windows and bank windows and homeowners’ windows will get broken.
Oh stop. The perps running scared? WAKE UP. It is THEY who planned the collpase, and its going exactly to plan. You can not bring in One World Gov unless the old is swept away and that is what thye are doing and why.
You hit the nail on the head. This has been planned and those with the most at stake are preparing for the transition to more consolidated totalitarian rule.
The “almost gleefully” in the second blue blockquote gives it away.
A consideration of the forcasts are mostly by elderly investors/bankers who with a wisper can influence markets. So the question is, since these people live in a rare atmosphere of power, why the down beat hints to us serfs?
If the DOW and other market inerests can be driven down 4000 points or more there must be PROFIT to be made – nothing is done without PROFIT in mind.
The socialization of state wherein billions of people are cared for will be hit the hardest and, yes, riots are going to happen. When Watts was burning in the 60′s the aftermath was mega sports TV to keep the serfs occupied. The analogy to the Romen gladiators is similar to keep the masses content along with the food dole. Things never change.
What to do? Rich people are trying to hold on, worrying about taxes and turning over their investments. The middleclass, what is left of it, is going broke and joining the poor while learning new job skills like being a “greeter”.
My solution may not be yours since I have been building up for 30 plus years, but getting rural is a move to higher ground. There are so many elderly people in rural USA that their children do not want them. They would entertain an idea of shareing space and labors with your family.
Humankind has always dreamed of their own home, their own garden and a place of freedom of druive by shootings, vice, and corruption. A safe place for children. You will not find that in the city no matter how high your securirty fence is.
Old Timer.
The economy in 2012 will get gradually worse, and something significant will happen in the August/September time frame. I don’t know if this will be a U.S. event or world event. Because of this there is no way Obama will be re-elected as president of the U.S. People will be desperate for a change.
Does anybody know the track record of this prophetic guy John Paul Jackson? He’s on TV, so that makes me skeptical right there because of that. Is he for real or just another internet prohetic guy that is “out there”? Anyway, he says the Lord kept speaking to him about the coming economic woes of 2012.
http://www.prayct.org/2009/01/07/john-paul-jacksons-perfect-storm-prophecy/
If folks were really that desparate for change they would back Ron Paul or Ralph Nader and switch the sitcoms OFF.
I sat under JP’s ministry for 7 yrs when I was ASsistant Pastor of an ARlington church. Real deal? YOU BET!!!
>>>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.<<<
This, in a nutshell, explains why there's an upcoming war with Iran. A move towards this will break the linkage between the dollar and oil, so they must control the oil outright to save the dollar. This will be a misstep of major proportions and the opening of WW III.
“The Coming woes of 2012″ prophetic word in 2008. I don’t know his track record, but forward to the 14:20 mark in this video.
http://www.prayct.org/2009/01/07/john-paul-jacksons-perfect-storm-prophecy/
I have heard some good things about him, Craig. Time will tell if he is correct. In the meantime his wise counsel at the of the clip is appropriate whether he is right or wrong.
Thanks for posting this link. May God have mercy upon us!
BTW Obammy says the Auto Industry is back…stronger than ever….I’m thinken he should’ve read your blog first…Oh wait facts just get in his way….
Which liar in chief are we going to end up with next year? I can’t wait /sarc
George Soros looks like the living dead. Same with Warren Buffet. How these guys stay alive, I don’t know, I think they made a deal with the devil.
I was thinking Soros actually looks like The Emperor in Return of the Jedi.
Good news for the rest of humanity that the petrobuck scam is finally coming to an end.
This technique is well known since comunist times Scare the people, spread rumors than contol, Come on guys, been there, done that, all I’ve seen in the last 3-4 years was experimented in eastern comunist countries. Same methods and most likely same results. Take a look in the history and you’ll see the future.
Things are moving along exactly as planned. The only story left is how will they get rid of 6.5 billion worthless eaters.
Thank God someone gets it!
Look to the burgeoning pandemic option as the most efficient, Elite-friendly Mathusian method.
Why do you think they “mutated” the bird flu in the Netherlands to make “air transmission” viable? Scientific knowlege has nothing to do with it, its just the preparation for the release. They wont keep it under wraps and hidden for long. Billions will die.
Proverbs 3:5-6 5Trust in the LORD with all thine heart; and lean not unto thine own understanding. 6In all thy ways acknowledge him, and he shall direct thy paths.
LOOK UP THE KING IS COMING!
JESUS
Good reminders, Pastor. Thank you and God bless!
We must prepare with ownership of physical Gold and SILVER
GOLD and SILVER is rubbish.
Who in his right mind would give you FOOD for your GOLD and SILVER when everyone else is starving?
Get yourself some local food, clothing and accomodation and support your economy this way and there won’t be a crash.
Oil and Fuel and stuff at walmart is all imported and adds to Americas trade imbalance.
You find nice things at second hand shops. Some old stuff that survived many a crisis.
You know you can’t trust this hip-cat any farther than you could throw him. The real question – after his support of the OWS – is what would this Devil-in-a-three-piece-suite have to gain from this?
What Kevin2 said. Something is way rotten when Soros and the prepper community agree on something.
2012? The Louisiana bicentennial comes to mind. Superman dies forever. X-day 15 in July. Possible Ragnarok. Mass hypgnosis. Chicken plague. New rival cults. Bedbugs getting worse. Were already living in a world that resembles an old bad sci-fi movie, and the special effects are getting worse. Its election year, so I get to decide between two bowls of *******. Hoorah.
Dont forget the toxic poisoning they now openly parade in front of us- which still gets zero response from the Zombie Public
http://www.dailymail.co.uk/news/article-2085351/Toilet-tap-Panel-recommends-Americans-drink-waste-water-combat-future-shortages.html
Swig down the cancer cells, drugs, industrial sludge, pesticides… Not a word of outrage from the public (as usual) anywhere. Unreal.
As you reread the following Soros statement think back to an interview when he discussed how he assisted the Nazis in rounding up fellow Jews. I think he would like to see Americans cracked down on today. It’s time to be prepared.
As 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.”
Soros only thinks about his own future and how he can profit. He makes his fortunes with insider information that you and I only learn after the fact. I don’t trust a word he says. Study his possble motives in his statements and go from there.
It’s not Soros or world bank. It”s the americans free lunch
going to the end.
He will in the end will get what he deserves… imagine what kind of good Soros could do with his money to help the poor but since he’s dick deep in bed with Satan and his nefarious plans (metaphorically speaking, he just looks EVIL eegads…) we have a man of great power using it to influence humanity in a very destructive cycle of suffering and misery toward his fellow man… I wish no harm to no man but I wouldnt shed a tear if he got his comeuppance at the appointed time (by the hand of God)
Soros = The Emperor
What do I think will happen in 2012? Repeating history – we are repeating what other collapsing civilizations did. Probably a better year for the garden and orchard. I might need more ammo. And no time for fishing.
He claims to be an Atheist. That is another one of his lies.
satan believes in God and is this guy’s master.
Here we go.
Believers will be fearless and have peace of heart and peace of mind – even while emptying out a magazine or two, or a crate or two, or more, or what have you – who can predict how each of us will react?
All engineered by them and going accordingly to their plans.
Whoever controls fiat – controls almost everything, and on this planet guess who controls it?
“Give unto God what belongs to God”
Soros believes in the existence of God – he is not a Believer – in the sense that he should try to obey God and has turned over the care of his soul (if he’s got one) to God by accepting God’s free gift of forgiveness provided by the gift of the Life of his Son Jesus Christ.
Hope you read that Soros – maybe it’s not too late for you. With God, all things are possible.
John chapter 1 would be a good place for you to start reading.
Live or die in America, Soros will get richer. Just like he made money taking away his fellow Jew’s possessions and they were shipped off to the gas chamber. His is a POS of the highest order.
Soros was born August 12, 1930.
The enemy always announces their plans to the populace just before implementing them. Fortunately for us preppers this is old news and we’ve been ready for some time now. So pull your strings George and thanks for the puppet show.
Sound money…
The really nice thing about ALL of this ????
NOBODY really KNOWS what’s going to happen or WHEN.
So you can take your timeframe of Sept. and smoke it along with whatever else is in your pipe.
All of these opinions of what is going to happen
are all just so much — stuff — as a matter of FACT — 99% of the time something happens that nobody ever saw.
That’s life – I suggest you get used to it.
Please don’t scare the people! They might panic and start buying gold and silver, driving their prices through the roof. I want to be able to buy it at today’s bargain prices. Not at $10,000 for gold, and $625.00 for an ounce of silver.
What do you need gold and silver for?
I have an old gold necklace, which I will use for fillings and crowns. It should be good enough for the whole family.
And I keep old electronic junk for those days when someone is actually paying me for getting hands on those “valuable” gold contacts and rare earth to recycle. Why throw it away free of charge?
Hmmm… curious timing if these events are true.
http://www.eutimes.net/2011/12/australian-banks-given-one-week-to-prepare-for-european-meltdown/
http://www.eutimes.net/2011/10/china-warns-russia-of-coming-american-great-event/
None of these so called “elite” are the boss of me … don’t let them be a master of your thoughts peeps.Stay conscious and look after your Self
“Want of foresight, unwillingness to act when action would be simple and effective, lack of clear thinking, confusion of counsel until the emergency comes, until self-preservation strikes its jarring gong – these are the features which constitute the endless repetition of history.”
- Sir Winston Churchill
Best thing to do is make sure our lives are right with the Lord Jesus Christ then all open our own churches. They are cash cows now and run like businesses. The pastor “no such word in the Bible” is the manager, or the Reverend, the C.E.O and most of them rake in cash from a plate or pass me round money collection bag. Then keep the money for yourself, no one knows what cash you get and enjoy life. So many churches are already ripping Americans off. So join the foray for free.
Kettle, Pot, Black?
Soros wouldn’t be able to do what he does, if the law wouldn’t allow him.
So, and who is electing the lawmakers? Isn’t that YOU?
So in the end, YOU are responsible when the country is destroyed.
Every People has the government it deserves.
Guess you haven’t read, David Wilcock’s latest blog, “Financial Tyranny” – http://www.divinecosmos.com
Of course they are…. it’s always easier to get bailouts when you scare the sheeple into thinking that if they don’t go along, that “bad” things are going to happen.
Just like the bailouts back in 2008… A bunch of BS just to pay off the people that made all of the bad decisions in the first place and should have gone BK. Instead… we all gave them more money because it was going to be “financial armageddon” if we did not….
That’s how you get people to do things for you…. Promise love, money or fear. Three powerful emotions in selling something.
[...] and supplies be enough? What is going to happen if we see widespread rioting in major U.S. cities like George Soros is predicting? What is going to happen if the economy totally falls to pieces and our city centers descend into [...]
The article on “The Demise of the Dollar” in “The Independent” is more than 2 years old (6 Oct 2009).
Does anyone know what the present situation is on this ?
http://www.eutimes.net/2012/02/shocking-collapse-of-world-economy-warned-is-underway/
[...] and supplies be enough? What is going to happen if we see widespread rioting in major U.S. cities like George Soros is predicting? What is going to happen if the economy totally falls to pieces and our city centers descend into [...]
I hope this does happen, the government can prepare to crack down on the people all they want to but we’re not like other countries most American’s are armed and will defend themselves, our Constitution and our way of life. There are a lot of Americans that have taken an oath to protect America and our Constitution against all enemies both foreign and domestic and you better believe most of them will kepp their oath.
It’s time for all patriots to unite and protect America should anyone try to destroy her!
“Not by might,nor by power, but by My Spirit”,says the Lord, even Today.
As soon as I read Soros’ interview last week I thought the same thing. He must have something to gain from it. The timing of everyone of these groups coming out at the same time is both suspect and ciminal.
I work with manufacturers and they are telling me that their business is really down in January.
It is going to be a very, very difficult 2012 and beyond.
All of this points to the upcoming zombie apocalypse. You better have your zombie plan ready: http://prepare4zombies.com/?page_id=232
All you can do is make money off the armageddon.
whiners who bleat”neocon conspirists”and”capitalist corporations”will be the New World Order-
there was never a system so effective at killing off millions of its own subjects in human history as communism.
asian, african,eastern european leftist dictators and their comrades were never prosecuted after they collectively murdered off nearly a hundred million of their own citizens during this past 100 years.state socialism and it’s virus known as political correctness will destroy western civilization and any vestage of individual freedom.
if this economic crisis was engineered, the purpose was to have a destitute majority willing to accept being coerced into a gulag prison system which is what the soviet union really was.
Soros is nearing at the latter par of his tenure on earth and is a man in search of more power and influence, money is power. Shorting the dollar and betting on the inevitable dollar collapse will give the shorts extreme multiple profits not a mere 20% he made on his collapse of the british sterling. Matter of fact, the run from the Euro to the perceived safety of the dollar and treasuries further props up a the straw man (U.S. Dollar), further increasing the potential profittable play ( a cat and his mouse). His warning would usually be enough to cause waves amongst sane people, however the U.S. Stock market is drunk on the free flowing booze provided by the Fed. The vast stupidity that governs today’s market, the Cramer, mad money pundits, are the only ones allowed at the table set by the fed for all the QE funds, one would wager they are leveraged to the hilt. Now the only question is what pin will burst this balloon, better yet which domino will be the first yo fall. One may argue that the first domino has already fallen, be it MF Global, and and all of QE as the fed is the lender of last resort, or the tungsten gold bars the Fed would prefer not be audited. I believe the first domino has already begun to fall, however as is the case with the proverbial tree in the forrest, the idiots on wall street and main street have turned a deaf ear to reallity.
When you hear high level politicians or financiers taking of financial doom it should waken you up to the reality of the situation. They are normally the people who play things down and tell us how wonderful they are to have everything in control – not this time! The scary thing is that I don’t feel that anyone knows how to fix the financial mess and that isn’t too reassuring for 2012
Kasey, heard you on Stern. I found you very down to earth and in control of yourself. I wanted to propose to you an opportunity to have your own chef. Think about it. Anything you want, anytime you want it. The best steaks, fish, salads, entrees all at your disposal. Host a party and don’t worry about the food aspect of it. I would be interested in speaking to you about working for you as your personal chef. I’m a sharp guy, unassuming, and hard working. You wouldn’t have to worry about me getting into your personal life. I am looking to begin work on the West Coast and I thought this would be a great opportunity for both of us. Let me know if you’d be interested. It would be a great luxury to have. Ciao Jason
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