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If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States

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Economic CycleDoes the economy move in predictable waves, cycles or patterns?  There are many economists that believe that it does, and if their projections are correct, the rest of this decade is going to be pure hell for the United States.  Many mainstream economists want nothing to do with economic cycle theorists, but it should be noted that economic cycle theories have enabled some analysts to correctly predict the timing of recessions, stock market peaks and stock market crashes over the past couple of decades.  Of course none of the theories discussed below is perfect, but it is very interesting to note that all of them seem to indicate that the U.S. economy is about to enter a major downturn.  So will the period of 2015 to 2020 turn out to be pure hell for the United States?  We will just have to wait and see.

One of the most prominent economic cycle theories is known as “the Kondratieff wave”.  It was developed by a Russian economist named Nikolai Kondratiev, and as Wikipedia has noted, his economic theories got him into so much trouble with the Russian government that he was eventually executed because of them…

The Soviet economist Nikolai Kondratiev (also written Kondratieff) was the first to bring these observations to international attention in his book The Major Economic Cycles (1925) alongside other works written in the same decade. Two Dutch economists, Jacob van Gelderen and Samuel de Wolff, had previously argued for the existence of 50 to 60 year cycles in 1913. However, the work of de Wolff and van Gelderen has only recently been translated from Dutch to reach a wider audience.

Kondratiev’s ideas were not supported by the Soviet government. Subsequently he was sent to the gulag and was executed in 1938.

In 1939, Joseph Schumpeter suggested naming the cycles “Kondratieff waves” in his honor.

In recent years, there has been a resurgence of interest in the Kondratieff wave.  The following is an excerpt from an article by Christopher Quigley that discussed how this theory works…

Kondratiev’s analysis described how international capitalism had gone through many such “great depressions” and as such were a normal part of the international mercantile credit system. The long term business cycles that he identified through meticulous research are now called “Kondratieff” cycles or “K” waves.

The K wave is a 60 year cycle (+/- a year or so) with internal phases that are sometimes characterized as seasons: spring, summer, autumn and winter:

  • Spring phase: a new factor of production, good economic times, rising inflation
  • Summer: hubristic ‘peak’ war followed by societal doubts and double digit inflation
  • Autumn: the financial fix of inflation leads to a credit boom which creates a false plateau of prosperity that ends in a speculative bubble
  • Winter: excess capacity worked off by massive debt repudiation, commodity deflation & economic depression. A ‘trough’ war breaks psychology of doom.

Increasingly economic academia has come to realize the brilliant insight of Nikolai Kondratiev and accordingly there have been many reports, articles, theses and books written on the subject of this “cyclical” phenomenon. An influential essay, written by Professor W. Thompson of Indiana University, has indicated that K waves have influenced world technological development since the 900’s. His thesis states that “modern” economic development commenced in 930AD in the Sung province of China and he propounds that since this date there have been 18 K waves lasting on average 60 years.

So what does the Kondratieff wave theory suggest is coming next for us?

Well, according to work done by Professor W. Thompson of Indiana University, we are heading into an economic depression that should last until about the year 2020

Based on Professor Thompson’s analysis long K cycles have nearly a thousand years of supporting evidence. If we accept the fact that most winters in K cycles last 20 years (as outlined in the chart above) this would indicate that we are about halfway through the Kondratieff winter that commenced in the year 2000. Thus in all probability we will be moving from a “recession” to a “depression” phase in the cycle about the year 2013 and it should last until approximately 2017-2020.

But of course the Kondratieff wave is far from the only economic cycle theory that indicates that we are heading for an economic depression.

The economic cycle theories of author Harry Dent also predict that we are on the verge of massive economic problems.  He mainly focuses on demographics, and the fact that our population is rapidly getting older is a major issue for him.  The following is an excerpt from a Business Insider article that summarizes the major points that Dent makes in his new book…

  • Young people cause inflation because they “cost everything and produce nothing.” But young people eventually “begin to pay off when they enter the workforce and become productive new workers (supply) and higher-spending consumers (demand).”
  • Unfortunately, the U.S. reached its demographic “peak spending” from 2003-2007 and is headed for the “demographic cliff.” Germany, England, Switzerland are all headed there too. Then China will be the first emerging market to fall off the cliff, albeit in a few decades. The world is getting older.
  • The U.S. stock market will crash. “Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest.”
  • “The everyday consumer never came out of the last recession.” The rich are the ones feeling great and spending money, as asset prices (not wages) are aided by monetary stimulus.
  • The U.S. and Europe are headed in the same direction as Japan, a country still in a “coma economy precisely because it never let its debt bubble deleverage,” Dent argues. “The only way we will not follow in Japan’s footsteps is if the Federal Reserve stops printing new money.”
  • “The reality is stark, when dyers start to outweigh buyers, the market changes.” It all comes down to an aging population, Dent writes. “Fewer spenders, borrowers, and investors will be around to participate in the next boom.”
  • The U.S. has a crazy amount of debt and “economists and politicians have acted like we can just wave a magic wand of endless monetary injections and bailouts and get over what they see as a short-term crisis.” But the problem, Dent says, is long-term and structural — demographics.
  • Businesses can “dominate the years to come” by focusing on cash and cash flow, being “lean and mean,” deferring major capital expenditures, selling nonstrategic real estate, and firing weak employees now.
  • The big four challenges in the years ahead will be 1) private and public debt 2) health care and retirement entitlements 3) authoritarian governance around the globe and 4) environmental pollution that threatens the global economy.

According to Dent, “You need to prepare for that crisis, which will occur between 2014 and 2023, with the worst likely starting in 2014 and continuing off and on into late 2019.”

So just like the Kondratieff wave, Dent’s work indicates that we are going to experience a major economic crisis by the end of this decade.

Another economic cycle theory that people are paying more attention to these days is the relationship between sun spot cycles and the stock market.  It turns out that market peaks often line up very closely with peaks in sun spot activity.  This is a theory that was first popularized by an English economist named William Stanley Jevons.

Sun spot activity appears to have peaked in early 2014 and is projected to decline for the rest of the decade.  If historical trends hold up, that is a very troubling sign for the stock market.

And of course there are many, many other economic cycle theories that seem to indicate that trouble is ahead for the United States as well.  The following is a summary of some of them from an article by GE Christenson and Taki Tsaklanos

Charles Nenner Research (source)
Stocks should peak in mid-2013 and fall until about 2020. Similarly, bonds should peak in the summer of 2013 and fall thereafter for 20 years. He bases his conclusions entirely on cycle research. He expects the Dow to fall to around 5,000 by 2018 – 2020.

Kress Cycles (Clif Droke) (source)
The major 120 year cycle plus all minor cycles trend down into late 2014. The stock market should decline hard into late 2014.

Elliott Wave (Robert Prechter) (source)
He believes that the stock market has peaked and has entered a generational bear-market. He anticipates a crash low in the market around 2016 – 2017.

Market Energy Waves (source)
He sees a 36 year cycle in stock markets that is peaking in mid-2013 and will cycle down for 2013 – 2016. “… the controlling energy wave is scheduled to flip back to negative on July 19 of this year.” Equity markets should drop 25 – 50%.

Armstrong Economics (source)
His economic confidence model projects a peak in confidence in August 2013, a bottom in September 2014, and another peak in October 2015. The decline into January 2020 should be severe. He expects a world-wide crash and contraction in economies from 2015 – 2020.

Cycles per Charles Hugh Smith (source)
He discusses four long-term cycles that bottom in the 2010 – 2020 period. They are: Credit expansion/contraction cycle, Price inflation/wage cycle, Generational cycle, and Peak oil extraction cycle.

So does history repeat itself?

Well, it should be disconcerting to a lot of people that 2014 is turning out to be eerily similar to 2007.  But we never learned the lessons that we should have learned from the last major economic crisis, and most Americans are way too apathetic to notice that we are making many of the very same mistakes all over again.

And in recent months there have been a whole host of indications that the next major economic downturn is just around the corner.  For example, just this week we learned that manufacturing job openings have declined for four months in a row.  For many more indicators like this, please see my previous article entitled “17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine“.

Let’s hope that all of the economic cycle theories discussed above are wrong this time, but we would be quite foolish to ignore their warnings.

Everything indicates that a great economic storm is rapidly approaching, and we should use this time of relative calm to get prepared while we still can.

Economic Cycle

  • The party on Wall Street will last until interest rates change. Then it is going to get ugly because everyone is leveraged past their net worth. We are going to see a wave of bankruptcies like we have never seen and deflation which we have truly yet to have lived through in this generation. There is a major storm coming and we are not prepared.

    • MichaelfromTheEconomicCollapse

      Nearly everyone seems to assume that this party on Wall Street can go on indefinitely. But that is what they thought in 2007 as well.


      • jakartaman

        We are dying of a thousand cuts.
        I have been prepping for several years. I am not worried and going to pay to much more attention.

        • Hammerstrike

          Smarter to be prepping while you have a job.

      • Mondobeyondo

        1929 too.

      • Albert8184

        That’s because the people running the Ponzi Scheme have a very scientific sounding way of explaining it all.

      • chwa harps

        It’s been 7 years since the crash Michael. But remember the Fed was NOT doing any QE at the time and the markets weren’t on life-support. The Fed can keep interest rates near 0 indefinitely and print dozens of billions of dollars. Why can’t this go on for a long time? Its worked for 7 years and you’re expecting it to change?

        • Tim

          It may continue a lot longer than we think. I hope it doesn’t. I’m tired of this nonsense.

        • JustanOguy

          Ummm… after the Tech Bubble burst, interest rates were lowered and all kinds of exotic home loan products were created to help create a real estate bubble that eventually popped..

          There has been some kind of stimulus going on since 2001 creating bubbles that eventually pop. Unfortunately, the next bubble that will be popping is going to make the last one look minor because all of the private debt that should have been done away with back in 2008 was just transferred to public debt.

          Essentially… all that’s been accomplished was a bigger credit card was taken out and the balances were transferred and has just been going up, up, up.

        • Drud

          Simply because of the law of diminishing returns. Think of a heroin addict, who keeps needing more and more simply to maintain his high: would you say this trend can continue for a long time? Personally, i am shocked that we haven’t crashed yet. When I first started looking at numbers and graphs on websites like this (and many other, BTW) I was sure we had only months and that was in 2011. I have doubted myself and others many, many times in those three years, but math and history do not lie. The American Empire is doomed, just as every other empire in history has fallen.

        • tayronachan

          It’s been going on for a long time in Zimbabwe.

    • Mondobeyondo

      Interest rates will indeed change. Wonder which direction they’ll go?

      Yep, we’ve got Trouble, baby.
      Right here in River City…
      You know the rest.

      Sorry, Alice. Happy endings are for Cinderella. There will be no good outcome to this.

      • alan

        Now it becomes a hot potato and hopefully it ends on a rainy day so it can be blamed on the weather.

      • Bruce

        There is no question as to which way interest rates will go. The fed rate is already at the bottom!

    • chwa harps

      Why? Interest rates will stay at their current levels and they can keep borrowing from the Fed and issuing new debt. If it hasn’t crashed already, what makes you think it will? It can go on forever

      • Tim

        It can’t go on forever, but they may be able to extend it for much longer than we think.

    • tayronachan

      And that is when the real money is made. If we can stay alive through the turmoil.

  • retired22

    I don’t believe these cycle theories.The problem in these theories is that if there are downturns in the economy the public gets hurt.when the public gets hurt political considerations start to take over & when this happens social volitility increases.When enough social volitility occurs the social order starts to break down,chaos & wars ensue! when this happens no graphs or charts can predict what will happen!
    What makes this truer today is the advent of the internet age as well as other social media.Information & misinformation spread like wildfire,beyond the control of the establishment to distort & paper over events!With mobs running in the street it is anyones guess what the outcome will be!

  • none

    Good news everyone:
    Michael has done a well reached article.
    Instead of the tired old 200 children captured and sold into slavery, in Whatever country that was?
    Then pointing out that 9,300 cases in five years have been reported the Polaris ;project. (source) Fort Wayne journal Gazette May 9 2014 article entitled “Of human Bondage”.
    Michael Obama did not notice this article. She only mentioned the 200 children? From her resort hotel? In some foreign land, on vacation.

    • Albert8184

      What’s the name of the article?

      • You stupid right wing ning-nong. None, whoever that is, means this article. Did you read it?

        • Albert8184

          Did you read it, whines the Hunchback in the closet…. Shut up mouth breather…. There’s nothing in this article about 200 children sold into slavery, you arrogant big-mouthed zero. Grab a buffer and shine my floor, Napolean Dynamite.

          • If you had a brain you would realise that no-one suggested that the article mentioned the 200 children.

            ‘None’ was saying that this article was a refreshing change in that it was not about such matters. Try some Dr Zeus, they are probably more at your level of development.

          • Albert8184

            I don’t need a brain to realize you’re a troglodyte. Sit down and eat your hog jowls, Jethro.

          • Malcolm Reynolds

            And it might’ve made sense if this author and this blog was covering that, but …nope.

        • KillTheTrolls

          Spoken like a true troll.

    • Mondobeyondo

      Sure beats having to hear about th

      Malaysian Airlines black box may be pinging!

      Oh spare me the agony..

    • KillTheTrolls

      And spending an easy million for security personnel, saying, “It be cool being 1st lady of da prez…

  • Tim

    If we accept the fact that most winters in K cycles last 20 years (as outlined in the chart above) this would indicate that we are about halfway through the Kondratieff winter that commenced in the year 2000.

    That’s an interesting quote from Professor Thompson. It was in the early 2000s that I was introduced to the Kondratieff Cycle from reading Don MacAlavany’s work.

  • K

    These cycles are interesting. They seem to have enough basis, that they could be accurate, to some degree. All I know is by doing the math. I amazed they have stretched it out this far.I know they will try every trick in the book. To try to hold things together, until after the Nov. elections. So 2015 sounds about right.

  • Rodster

    What these theories don’t account for is the obscene amounts of money pumped in by the Fed. We’ve had several major downturns and some in the finance world believe it all started in 2000 with the Dotcom bubble bursting.

    If the US economy and global economy for that matter were a patient it went comatose in 2008 and was on it’s deathbed. It was all brought back to life by the Fed and printing trillions of dollars and resuscitating the global economies after the 2008 meltdown. We have been for all intent purpose in a Depression since 2008 and eventually we collapse. There will be now saving the patient this time.

    And if TPTB continue to MUCK things up it will take out all the economies around the World. That’s why we need to hope some crazy politician doesn’t decide that the ONLY WAY to save face is to start WWIII and possibly go nuclear. Although a full blown financial war is more likely.

    • Rodster

      The other problem with these cycles is that it doesn’t account for the MASSIVE AMOUNTS of FRAUD and MANIPULATION of every key sectors of the economies around the world.

      No one who penned and created these theories could have dreamed the levels of corruption and a collusion between governments and central banks around the world. Te obscene levels of corruption runs from Wall Street to Beijing and all parts in between. Did these charts factor in High Frequency Trading? No !

      • Dr. G

        The printing of trillions and corruption and high frequency trading can displace the cycle for a few years or a decade or even longer, but the premise of cyclic forces in the economy still remain. Debt creates a predictable cycle and which first appears as an expansion, then a boom, then a recession where debt levels cause the deflation of the money supply through bankruptcy, and finally a depression where the deflationary spiral bottoms and economies re-calibrate.

        Sadly, the cycle is man-made, usually through the creation of fiat currencies and the imposition of ever greater amounts of inflation. The expansionary phase in an economy runs concurrently with the expansion of credit and debt. The boom phase runs concurrently with over production in every sector of the economy due to the over production of debt and credit usually through the expansion of money. The recession runs concurrently with deflation of the money supply, usually through massive bankruptcies. And depression runs concurrently with the bottoming of a worthless currency and the imposition of a new one, or a new government, or both (which is usually done through war).

        To say that these cycles aren’t operating because they don’t happen precisely every 60 years is to forget that bankers and government have perfected the art of forestalling the less appetizing phases of recession and depression. So they print money. Tell people to shop. Confiscate wealth. Rig the stock market. Price fix. Price set. Regulate. Regulate. And Regulate. But with each wave of money printing and each additional regulatory regime, the results produce diminishing returns, until the economic forces overcome the interventions and the cycle resumes its pattern after a period of displacement.

        • Catalin Oancea

          What you are saying is very interesting because I see the same pattern you describe, but I haven’t invested that much time to verify it. I became aware of this debt paradigm when I read about Basel III restricting the credit flow by the regulations imposed; basically, by contracting the debt bubble you slow economic activity…what we are seeing for a few years now. Also, I see all kinds of companies that offer short term loans spring up in my country, because the people can’t afford cars and houses which require credits on long periods of time, due to economic instability, so they resort to taking short term credits to buy stupid things like laptops and phones. They are desperately trying to involve the consumers in spending again, with all the holidays, black, green and rainbow weekdays and all sorts of economic dust in the eyes.

          It is very interesting that we find in the Old Testament levitical law the jubile:

          “8 ¶And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty and nine years.
          9 Then shalt thou cause the trumpet of the jubile to sound on the tenth day of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land.
          10 And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land unto all the inhabitants thereof: it shall be a jubile unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family.
          11 A jubile shall that fiftieth year be unto you: ye shall not sow, neither reap that which groweth of itself in it, nor gather the grapes in it of thy vine undressed.
          12 For it is the jubile; it shall be holy unto you: ye shall eat the increase thereof out of the field.
          13 In the year of this jubile ye shall return every man unto his possession.
          14 And if thou sell ought unto thy neighbour, or buyest ought of thy neighbour’s hand, ye shall not oppress one another:
          15 According to the number of years after the jubile thou shalt buy of thy neighbour, and according unto the number of years of the fruits he shall sell unto thee:
          16 According to the multitude of years thou shalt increase the price thereof, and according to the fewness of years thou shalt diminish the price of it: for according to the number of the years of the fruits doth he sell unto thee.
          17 Ye shall not therefore oppress one another; but thou shalt fear thy God: for I am the LORD your God.” – Leviticus 25:8-17

          Notice the emphasis on oppressing one another with artificially inflated prices. Basically God set the jubile as reference for prices, being divinely imposed by Him to avoid cherry picking by covetous sleazes (like you pointed out that these cycles are man-made), like the rich getting richer and the poor whatever, nobody cares about them anyway. I believe God set this jubile to also prevent economic cycles which inevitably lead to these awful periods we and our ancestors have been through. Notice the jubile is at 50 years, the cycle begins to get nasty at around 40 to 50 years (depression period).

          • ShaneEasterigg321

            Ernest responded I am amazed that people able to profit $9067 in 4 weeks on the
            internet . try here F­i­s­c­a­l­p­o­s­t­.­C­O­M­

    • Syrin

      Yep, if it weren’t for the Fed printing Monopoly money, we’d probably have gone through the down turn, and maybe be on our way out once we get rid of the Obama drag on the economy. Instead, the Fed actions will make it exponentially worse. Did you see the stat that gov’t regulations cost the US $1.86 TRILLION annually. To put that in perspective, the GDP of Canada is $1.82 trillion. The gov’t has thrown sand, pebbles, tar and the kitchen sink into the economic engine of the country, and Obamacare regs haven’t even begun to be rolled out yet. Oh it’s going to bad, and I mean REALLY bad. Four more doctors I know of in their 40’s left the medical field last month.

      • Mondobeyondo

        Truth is, we could balance our budget, if we chose to,

        If we chose to.

        • Syrin

          Yeah, that would require less tax dollars for buying millions of democrat voters. Not gonna happen

        • tayronachan

          I wish that was true, but it is not really true. You and I and our friends and family have no influence in Washington now. Bigger fish than us influence what goes on in Washington. They will spend us into oblivion.

        • StUdio

          yeah…lets stop having Agencies buying Billion$ of Ammo & Guns & APCs & Tanks, etc

    • Albert8184

      Mucking things up and causing revolutions is what Leftists do as a profession. We’ll get to see that in action when WW3 starts.

      A crash is supposed to happen. They’ll call it the final failure of capitalism and white hegemony. Then WW3 starts to see who rules the post-Western world.

      • You stupid right wing ning-nong. Open your eyes. It is nothing to do with left or right. They are just puppets of the establishment.

        • Guest

          Are you related to Gary2?

          • KillTheTrollsf

            No, Gay Veteran.

          • Fr. John+

            God, twice as guilty.

        • Albert8184

          shut up Burger King. The Establishment is Left Wing. The puppets are all Leftists, whatever they pretend to be.

          You’re dismissed.

          • I am not that easily dismissed, and you are still seeing the world through only one eye. Do you find yourself walking around in circles? Open your mind a bit. There is a great big world out there.

          • Albert8184

            Thanks for the tip Fred Flintstone. Your body odor is not that easily dismissed. But your “thoughts” are nothing more substantive than a popped zit.

          • Diamond_Jim

            Insults won’t convince anyone. Make a valid point…

          • KillTheTrolls

            What you are shouts so loudly, no one can hear what you’re saying.

          • Fr. John+

            Yup, and the ‘bergs, ‘witzes’ and ‘steins’ are still the guilty parties. Happen to be one of ’em, Bernie!?

      • Adrian

        So, you’re arguing on behalf of the status quo? You’re on the wrong board for that, fella.

        • Albert8184

          Please explain yourself on the status quo thing.

      • Hammerstrike

        Won´t be WW3, as Goldstein explained in the 1984 book, full-scale atomic war = collapse of society into anarchy = collapse of the regime.

        So they will avoid WW3, not because it would kill 200 millions in the US alone but because they would loose control of the situation.

        • Albert8184

          No. They won’t loose control of anything as long as human beings engage in commerce and markets and use money. They will merely loan wealth to next group of leaders and politicians that come along to sweep up the mess and restart economies and nations again. And the cycle will begin again.

          • bsmith

            Your bias is completely silly and the sign of a weak mind. There is no difference between the left and the right.

          • .info

            i agree, anyone in any party is and can be manipulated and controlled by the elite. Politicians and people are slowly coming out and saying enoughs enough. Even wealthy people are blind but they are starting to wake up.

          • .info

            i agree with you

        • Albert8184

          I never said anything about nuclear war, by the way. I do not feel WW3 will be such a war. But I guess that depends on how soon it comes and who the players are.

        • Conan

          WW3 will be God’s punishment for atheist US (60 million abortions, crime, divorces, gay agenda, pedophilia etc.). US is modern Sodom and Gommorha !

      • Mark Power

        Lock and load, baby. I hope I’m around to see the progressives get what they deserve.

    • JustanOguy

      If you follow the “Four Seasons” economic theory and apply the manipulation by the Fed, then you know it’s been a long, mild Fall and a MAJOR Winter Storm will eventually be coming.

      A “Winter” takes place, on average, every 80 years. Hopefully there isn’t a crazy politician like the ones about 80 years ago. (Putin?)

      Hitler rose to power after the complete failure of the Weimar Republic printed up Trillions of Deutsche marks that temporarily created prosperity before it all came crashing down.

      Michael only provides a brief summary of the Four Seasons principles because this is just a blog article… Highly suggest reading up on Harry Dent where it goes into much more detail with points of historical economic events.

      • Rodster

        The problem with the whole theory is that all economies around the world embraced “INFINITE GROWTH” or Keynesian economics. The economies around the world are now to the point where the Central Planners and Central Bankers do not want to factor in a n economic Fall or Winter. Stimulus in theory is supposed to keep the economy in a Spring or Summer curve most of the time. When a Fall curve appears then stimulus is injected to bring back growth.

        This is why we are seeing so much massive manipulation and “Economic Bubbles” being created.

        • JustanOguy

          And it’s all happened before. Manipulation is nothing new..

          When the Fall curve appears and massive amounts of stimulus are injected, it just delays the inevitable hard winter that will follow.

          Great crash of 1929, Weimar Republic… what we see today has all been tried before.

          If you think a massive stimulus will work for the next big bubble that’s going to pop, then I suggest you invest in Wheelbarrows for all of the cash that it’s going to take just to buy a loaf of bread.

          There’s a reason the rich are getting richer and the middle class / poor are getting poorer and it can only last for so long before something major happens.

          All of the unrest in the world taking place right now is a strong indicator of things to come.

      • Mondobeyondo

        “Summertime, and the livin’ is easy” (not just a song from the musical “Porgy and Bess” by the way. There’s some reality behind it, too.)

        Our summer was in the late 1950’s. Summer is over. Winter is fast approaching. Yes, a hard snow’s gonna fall.

      • tayronachan

        Yup, every 80 yrs we go through crisis. Have you heard of The Fourth Turning? I think we are at about year 74 or 75 right now. Where do you think we are?

        • tayronachan

          And fwiw, I think we are the bad guys this time around.

          • ScroodeMcDuck

            I swallowed that same pill some time ago. I don’t feel too good now ! I don’t think there is a cure for what ails us, the cancer cannot be stopped!

      • Hammerstrike

        No, banks where privately owned, Hitler nationalized them.

        1861-1865, 1941-1945.

      • Priszilla


        The German Hyperinflation started in 1914 with the financing of World War 1. It wasextended after the war to reduce the state debt.

        And lasted until 1923.

        5 years later the worldwide Great Depression started.

        Now we had American wars in the Middle East, and lots of dollars printed. Mostly to pay for weapons systems and fuel.

        Now the American debt shot through the roof.

    • Calling Elvis

      I would like to think it stays financial… if you weren’t alive from 1935 to 1946 you have no idea what modern war can be like. I have studied those years, I was born in 1955 and I’ll never know those years the way my parents did… 4-5,000 dead in Iraq I think – the allies were loosing those kinds of numbers EVERY DAY FOR YEARS

  • J Galt


    Great article.

    I love this topic, I’m an engineer. Humans form an economic-mechanical system, and mechanical systems are elastic, they have a natural frequency. They vibrate at a frequency that is natural for the system. Ring a bell. All material system elements have elastic connections, though objects appear to be stationary, they are not, all objects are vibrating at many different frequencies. Swaying in the wind.

    Complex human systems are basically large mechanisms, thermodynamic economic machines, that vibrate. The characteristic natural frequency is one human life, 80 years, since this would erase all memory, thus human progress is slow and within limits. Systems crash due to the characteristic of man to get sloppy when at the top, and rebuild when rock bottom is reached.

    It has been 80 years since the last world wars and depression, which reset everything. Enjoy the ride down.

    John Galt

    • bob

      This sucks, what if I was just born today and missed out on the go-go years of the dot com hysteria and the no money down sub-prime mortgage frenzy easy money?

      Why do I have to grow up and pay for my daddy and mommy’s debt for buying things that they cannot afford and for voting for politicians who are mortgaging my future for entitlements for my mommy and daddy which are unsustainable?

      • Albert8184

        But, find comfort in the fact that you will be able to ride the crest of the next recovery and entitlements spending wave. After the new America rises from the ashes of this one, with a new government and a new monetary system, the politicians of the future will be looking to buy your loyalty with the next great “New Deal”

        Don’t sell your soul too cheaply.

        And of course it’s also true that the next government may not ask for your votes. God, life can be fickle.

      • Really sucks doesn’t it? There are going to be, already are to a point, hordes of really pissed young folk running around and adding to the coming mayhem. I hope they will be satisfied taking it out on the politicians, corporate heads and filthy rich. We ordinary folk, their parents, didn’t know what was going on until fairly recently.

        • Bruce

          The truth in the matter is that the economic climate could become so intolerable that “WE” the baby boomers could become targets ourselves as those who are trying to pay our Social Security see us as scavengers of the system and we become or are made extinct!

          • briika

            I’m just a bit younger than the boomers, but we are to blame for being asleep at the wheel. Social Security was always a Ponzi scheme, but the voters back in the day were on the winning level so they chose to ignore it. I don’t want to get my head bashed in by an angry 20 something, but i could understand why they might do it

      • Mondobeyondo

        We Gen X’ers picked the short straw. Too bad we weren’t born in 1946. If we had, we’d be enjoying a comfortable retirement playing golf at Green Acres (the place to be, even though farm living isn’t the life for me. Heh!!)

    • laura m.

      Galt: agree, because of elitist control over politician puppets, Fed. Res., UN, etc is why I say it’s useless to vote or be politically active overall as there is no viable solution anyway. I learned this decades ago- my elders said it was futile except to keep informed and on guard with prep. yourself and family and interacting with other like minded folks for bartering and watching out for each other w/ small groups of 8-10 people. Folks the ship has sailed so focus on your group and don’t participate in a corrupt system and stay out of groups/ gatherings; they accomplish nil. Oper. Spring will end up being a crock of BS also, and could be a false flag w/infiltrators.

    • Drud

      Very true. JG. I am also an engineer and I love that you make the parallel between thermodynamic laws and economic ones. I too have spotted many similarities between the two. The “many economists” Michael alludes to in the article believe that growth is a nice straight line and a fundamental truth of economic laws. This is such a ridiculous idea, but still it is preached in economics coursed all over the world. The funny thing is x% growth (typically, they say 2-3% is healthy) is NOT straight line growth, it is a compounding, exponential curve. Only an economist can look at such a curve and say there is nowhere to go but up. Anyone with a clue would only wonder: “When do we crash?”

  • With the speed of light communications and advance technology the crash will not happen between 2015-2020, but sooner.

    • Mike Smithy

      I am reasonably certain that there won’t be a meltdown between now and the mid-term elections in November. After that, all bets are off.

    • Bruce

      By your assumption then we only have 7.5 months left at best. Could be but not likely. They still have some knee jerk reaction left to kick the can a little further.

    • Drud

      The issue with timing is indeed thrown off by technologies that did not exist the last time around…and not just communications. Transportation (Just-in-time logistics), electronic banking and trading (what if trading computers simply get overwhelmed with traffic during a selloff?), then there is our total dependence on an aging and complex power grid, not to mention super bugs which could cause a pandemic that would make the Spanish Flu of 1918 seem like a walk in the park….and let’s not forget the nuclear angle, not just war (game over for nearly everyone) but also the very large number of still hot rods that require active cooling sitting all over the country–if they stop cycling cool water we will have a large number of meltdowns in quick order.

    • K2

      People spending using their savings and banks QE are keeping the wheels spinning. It might not happen this year. But from next year…it cpuld be open season.

  • Mondobeyondo

    Has anyone read a book called “The Fourth Turning” by William Strauss and Neil Howe?

    If they are correct in their analysis, assumptions and theories – we are headed for scary times. Scary times, indeed.

    • Tim

      Jim Quinn’s work is based on that book.

  • davidmpark

    Reading this report it sounds like the US should never have done what it did: QE, abortions, so on, so on…

    Oh well. I’ve got food, got tools and plans, got the rights back for small residential livestock (rabbits arrive on Wednesday) and a few garden areas, herbal replacements for the wife’s meds, etc. and a pretty good LDS community.

    We’ll be okay. Hope you all got prepared ahead of time.

    • insu kim

      That’s great. I live in an LDS community too, and while I am not LDS, I appreciate the camraderie and sense of community and support that my neighbors and I have for each other. We all have some degree of a prepper mindset and aren’t turning a blind eye to debt, food storage, etc. I’m growing my own vegetables and my neighbor has a chicken coop..

  • Pam

    John Williams recent hyperinflation report stated there have been 39 economic downturns since the founding of this nation. We are about to enter the 40th and it will be “very bad” according to Williams. 40 in the bible is a time of testing.

    • RealityCheck

      I am sure it will be a test to behold.

  • Wakulla Prepper

    That capitalist economies ebb and flow in cycles is not theory, rather it is fact supported by hundreds of years of evidence. Perhaps the question may be at what point in which cycle do we find ourselves? All indications are that we have grossly exceeded the standard of living due to Americans by exploiti

    • Wakulla Prepper

      Dang…leaned on “enter” To continue…By exploiting our status as de facto world reserve currency. The bill has come due; the price will be a lowered standard of living until such time that we once again produce real wealth from our natural resources, and vast stock of intelligence.

  • Mondobeyondo

    Add to this eclectic economic mix, the whole “global warming – climate change” debate, and you’ve got quite a toxic brew stewing.Yes, that error was deliberate. Glad you caught it!

    Is climate change real? (Going off topic, but only for a few seconds) There is no denying, something weird is going on with the weather worldwide.

    No one has the courage to call it for what it truly is: The wrath of God upon a disobedient , sinful populace. That’s the truth. And it will get worse, much worse.

  • RealityCheck

    As always, the chickens will come home to roost. I was debating whether or not to move to a larger city. When the feces hits the rotating blades, I am almost positive that a large city that does have several bad areas will not be the place to go. Especially when the rotting core likes to expand into the better parts of town. I see a “bad moon a rising.”

  • G Man

    The bible clearly say that the anti Christ will cause craft to prosper. Meaning he will have an answer for the faltering world economies. What is fascinating to me is to watch this entire scene play out. Oh yes things are going to crash. The world economies are ment to crash. We have the total game plan, it is called the King James Bible. Hold on it is going to get really prophetic in the not to distant future.

    • Real issues are being discussed here not make-belief. Go somewhere else to spout your silly stuff, like Never-never-land

      • JJ

        You go somewhere else with your antichristian bigotry! Cuba and North Korea will welcome the views that you espouse!

        • Typical blinkered christian attitude.
          So you and your loony christian buddies think you have the right to plaster your views wherever you like and force your ideas on whomever you care to, but opposing voices or just people who are fed up of hearing your dumb message are not allowed a hearing.
          You appear to think that America is something of a shining light as compared to Cuba or North Korea. Sorry to pop your bubble but America is just the same as those countries and all others.
          Nothing special about America. In fact if there were a god, he, she, or it, would be very ashamed to have anything to do with followers like you. You are no better, or worse I dare say, than anyone else, and certainly no more special.
          But keep on believing your delusions. Just keep them within your own little crowd and stop trying to spread them to those who have no need of them.

          • K

            Do you own this blog? Do you own the internet? Who are you to decide what can be posted here.This blog is owned by a Christian. Many of us who come here are Christian. The light went out of your native Britain long ago. Now you go about the world, trying to snuff out the light anywhere you can find it. Has America come under control of evil influences? Yes the Government has. But not all the people. And no amount of raving by you, will limit free speech here.

          • guest

            you have some serious mental health issues!

          • hammerstamp

            I’m agnostic and I say you are an intolerant POS. Why don’t you GFY.

          • Drud

            I must ask: when you say “you loony Christians have the right to plaster your views where ever you like…” of course, they do, just as you do…perhaps you have heard of the First Amendment?
            And when you say “force your ideas on whomever you care to..” did anyone from this blog or any other Christian site threaten you with physical violence if you didn’t follow their views? I seriously doubt it. Only the State does that. Please know who your enemies are.

          • KillTheTrolls

            Dude, I hate to break it to ya, you are the most pompous, arrogant stuffed shirt to come around for a while. Next time you go shopping, buy some common sense.

          • JJ

            I’m very confused with your reply. You condemn us for the very same thing you are doing( ” Plastering your views”). I guess it’s okay when you do it!

          • ‘Countering’ is not the same as ‘plastering’. I am countering, in the interests of balance, views that are obnoxious to me. If you people stuck to the subject ie. economic collapse, instead of trying to wrap it in discredited, outdated religious theory which has no place in today’s world, then there would be no problem.

          • K

            So now you think, you have the right to decide, what has a place in this world or not. You think you have the right to silence people, because you find their beliefs obnoxious? I think Guest is right.

      • Malcolm Reynolds

        Of course, given the author of this blog and the majority of the commenters, you’re welcome to take your militant atheist fascism elsewhere.

      • KillTheTrolls

        Dude, if you’re gonna talk to us, at least turn around and face us.

        (That might be a little deep for you.)

    • Dr. G

      Great point. The Book of Revelations is John’s idea/revelation/vision of a future world—the one we live in now. He calls nations beasts, and economies the “merchants of the earth” and prime ministers, legislatures, and presdients are the Kings of the Earth, but his description of debt cycles, his understanding of attempted displace of economic realities through money printing, and regulation, and finally his description of the psyche of nations as their economies fail and desperately try revive the un-revivable by through their allegiance to any authority that claims to have an alternate solution to economic implosion other than the normal imposition of economic forces, is uncanny. John is a genius of not a prophet. He wasn’t a novice economist either. He was familiar with the economic rise and fall of the greatest economic powers the world had ever seen with the exception of the United States. And he saw the rise of the USA’s economy and its eventually lifting of all world economies, and its eventual corruption through debt creation. He was schooled in the rise and fall of Egypt, Assyria, Bablyon and finally Greece/Rome. Rome was in the midst of its four hundred year implosion during John’s lifetime. To say he wasn’t an experienced economic observer or possibly even an ancient economist is to deny his analysis and forecasting of the events of his time and of future periods like ours. The man was on top of his economic game for sure. And his predictions (prophecy is another term for predictive utterances) are as astute as are the kondrtaief cycles if not more so in terms of broad economic explanations of the rise and fall of national and world-wide economies. John was one of the first to think globally in terms of an economy. His predictions should not be dismissed so casually. The man was brilliant if not inspired.

  • Mondobeyondo

    What is coming our way is neither inevitable nor unavoidable .It can be averted. It can be prevented, and it can be avoided.

    However, nobody in any responsible positions of leadership, (whooops, almost typed “T” instead of “P” in “leadership” — is even trying any of those measures.

    Brace for impact.

    • Bruce

      IMO I don’t think there is ANY way to get us out of this mess even if they wanted to. What we are facing now truly is the perfect storm. The radar is a little blurry as to exactly how close we are to the leading edge of the massive front but, the storm is coming of that you can be sure!

  • rat28

    Dow Jones will hit 30,000 between 2015 to 2020.. You can’t bet against the almighty govt of USA

    • Robert Govan

      Don’t forget the trillions going into local communities from fracking.

  • The Baltic Dry Index has been in the doldrums since 2008.
    It has never recovered at all.

    • Mondobeyondo

      All is not as it seems.

  • Bill

    It is usually easy to comment when Michael writes one of his great articles such as this one. It would take volumes to cover this topic but at this time it is fair to say destruction if not annihilation is imminent.

  • Robert Govan

    Hyper-inflation is baked into the cake. Do not miss this blog if you want the real gold story…

  • Michael Yates

    Assume the FED will do whatever it can do, and what it can do is yank off all restraint, print 30 trillion, and buy thrmselves another 5 or so years.
    I hate to consider this, cause I’m sick and tired of the circus as much as anyone is, but these people are desperate, they’ve proven that already.

  • Mondobeyondo

    Poor constipated sheeple.

    I can’t tell you exactly what they’re full of, but – you can figure it out I am sure.

    • Bruce

      6/13 that’s my birthday, Whoopie!

  • alan

    P { margin-bottom: 0.08in; }

    One generation has a terrible
    experience the next generation doesn’t want to hear it because they
    are too smart. So it repeats itself.

  • wally

    Yes I have heard of these cycle theorists. But there major differences now. 1. A historical cycle would depend on things remaining normal or semi normal. In the past their wasn’t QE. 2. The market being driven by normal forces and with some sort of legitimacy. How in the world can the market be at an all time high when major corporations are reporting 0 or close to 0 profits. Even with the unprecedented bond buying this makes no economic sense. 3. The market has turned into the biggest flim-flam of all time. It would appear to be all smoke and mirrors right now in an effort to steal every last possible dime out of every sucker in the US. All time high! Everyone’s a winner! Drop all your money and then poof (when the globalists decide to pull the plug) there will be nothing left. This collapse is planned. The globalists are running out of time. It will be much worse that a crash I am afraid.

  • JailBanksters

    There not “Predictable” waves, they are Manufactured waves of Boom and Bust, It is a Side Effect of the Wall St and the way the Stock Market woiks. You can’t have Boom without a Bust and you can’t have a Bust without a Boom.
    With one exception: All the Central Banks around the world having extending the Boom period thinking if they extend long enough and hard enough it will bridge the gap over to the next Boom peek of the wave cycle. All Central Bankers are Morons, not just because they don’t understand the Boom/Bust but because they keep trying the same thing over and over and keep expecting a different result every time.

    • JustanOguy

      Central Bankers are morons for making massive amounts of money?

      They understand Boom/Bust cycles…. who are the real morons that keep them afloat after they’ve made trillions during a boom and then get bailed out during the bust?

      How many banksters personally went broke during the last bust?

      • JailBanksters

        These 5 Wall St Banks can’t go broke, it’s their Money and can print as much of their own Money as they like. It only has value to those outside the Banking system, a Trillion Dollars to them is not worth the paper it’s not even printed on.
        The CB does NOT want a Bust, it’s the Criminal Banks that want a Bust.
        One’s doing everything to push a Boom and the other one’s trying to Bust it.
        Still, the CB applies the same Fix regardless of the Problem. More money is Good, even more Money is Better and an Obscene amount of Money must be just Awesome.

  • Geoffrey Zeger

    Michael – good article. I wonder how the waves are being attenuated by QE1, 2, 3, etc. etc. In other words, with the Fed’s bond buying, has there been an A) artificial recovery and artificial growth of the value of the DOW and B) a delaying of the inevitable by forcing the natural waves into the future (what would the current GDP and DOW actually look like if the Fed wasn’t expanding the money supply and hiding the toxic assets through bond buying?).

    • JustanOguy

      QE1, 2, 3, 4 and indefinite have only delayed the inevitable.

      The Weimar Republic tried the same thing and ended up failing miserably which ended up starting up WWII.

  • Karen

    This will probably be the tribulation period that the Bible speaks about. People who say that everything is ok and that things will get better are very blind.


    Spot on! The Trend is not your friend:
    The debt has doubled in five years. Bernacke got the h*ll out of Dodge because he knew what was coming and wanted to be long gone before it came. Yellen is the designated stooge. She may be very smart in the academic sense but is dumb as the day is long to become the Fall Gal for Obama.
    Government is becoming ever more repressive. The First Amendment is out the window. Speech Codes flagrantly exist on every campus. Intolerance reigns supreme.
    Inflation is soaring for what really matters to the masses, gas and food. The government pretends otherwise but ask the person who shops for groceries what is really happening.
    Medical Care/Obama Care will destroy our medical care system and cause costs to soar.
    The Ruling Elites are in love with cheap labor, the cost to the economy be d*amned! Comprehensive Immigration Reform will be a boon to the Elites but spell doom to the Middle Class, which will get the bill.
    The 4 Horsemen of the Apocalypse are getting ready to ride.
    We have not faced such existential threats since WWII.

    • Albert8184

      No. Yellen is the fat gal for the International Banksters.

      Obama licks her stocking feet and begs her to tawk to da massa fo’ him.


        True, but she will pay Hoover before this is done.

        • Albert8184

          She will laugh at the sheep as she funnels the gold bars and the real estate proceeds into the globalist coffers.

  • DerpDerp

    Quote: “Sun spot activity appears to have peaked in early 2014 and is projected to decline for the rest of the decade. If historical trends hold up, that is a very troubling sign for the stock market.”
    Really? Are you honestly attributing stock market trends to sun spots? Seriously? Your credibility just took a nose dive there.

    • JustanOguy

      I have to agree with that…. great article that started with great references and then bringing up “sun spots” hurt the credibility.

      Take out the sun spot reference and it’s a good article with very credible sources worth reading up on.

    • DJohn1

      The entire planet is on “moon cycles” biologically. That includes every female cycle on the planet. The reason sun cycles would have an effect is weather nothing else. We have just went through one of the severest winters in modern history. That of course effects the markets as supply and demand are altered by the world weather situation. The two major gravity factors are the Sun and because of its close proximity to the Earth, the weaker gravity of the Moon.
      One factor older stock analysts unofficially used was the hemline of a woman’s skirts.
      Believe it or not. The longer the skirt hemline towards the shoes, the worst the market conditions got.
      So if Sun Cycles effect the market, there are more ridiculous indicators that have proven accurate in the past.

    • Drud

      On the surface, I would totally agree with you. It seems absurd, but I have seen some pretty good data from some reliable sources that show that very phenomenon. Now, of course, correlation is not causation, but it is still something to keep an eye on.

  • JustanOguy

    I would highly recommend to read / follow Harry Dent for the modern day application of the “Four Seasons”. Very easy reading that makes complete sense for what’s happening, why and how to plan accordingly.

  • Dr. G

    How about the Jubilee Debt restoration Cycle, the Shmitah debt forgiveness cycle, which are both part of the Jewish Calendar Civic year economic debt cycle that begins on the First day of the Seventh Jewish month. In 2001 and 2008, on the very day the cycle ends/begins, the stock market saw its two largest point drops in history up to that point. During the 2008 crash there was a point drop larger after the completion of the seven year cycle. The next seven year debt ends again on September 13, 2015. I wonder what economic debt forgiveness event will take place on that day? Will it be the beginning of a major world-wide economic downturn? Or a depression? It certainly seems to fit well with these other economic cycles talked about in this article.

  • Mondobeyondo

    Both the Dow Jones and the S&P are now in record territory. The Nasdaq may be next.

    It is all an illusion of course. Harry Houdini would be proud. To paraphrase Will Rogers, we are driving to the poorhouse in a Rolls Royce.

    • squashpants

      But is it? It is what it is for the moment, and “now” is the only thing that is important, right? Maybe all the hand wringing we are doing is wrong-headed.

  • FirstGarden

    Long wave theory is part of the equation. The other part is unique events. When the master manipulators run out of wiggle room, that’s when the party’s over.

    Right after the November midterm elections, at the soonest. (They can still print money.)

    Right after the December 2016 is another time to watch. That’ll be one BLUE Christmas.

    And if not then, it’ll happen when we can no longer service the debt, or a combination of events like EMP, dirty bomb, natural disaster. It’s not a question of IF, but WHEN.

    Meanwhile, expect to see huge cuts..

  • Mondobeyondo

    We are in a depression. And we will continue to be in a depression, until someone or something gets us out of this depression.

    At the moment, there is no FDR or JFK or Lincoln on the horizon, to get us out of this colossal Mess we are in.

  • Houtex77

    Perhaps I should rethink getting that “luxury” apartment.

  • Darth Maul

    I don’t believe in your pessimism anymore.

    The DJIA has reached record highs: 16,695 points.

    THAT’S how the economy is doing today.

    Very, very well.

    • Guest

      Whew. Thanks so much for the reassurance. I have a pile cash that I’ve been wanting to put into stocks. Now I feel confident going all in. Thanks again.

      • Darth Maul

        Don’t go into stocks when they reach record highs. It usually is a bad idea.

        On the other hand, who knows how high the DJIA will go.

    • Dr. G


      If you analyze downturns associated with money printing, you’ll notice that the implosion is resisted through central bank money-printing. Where do you think all that money goes? The big banks get most of it, to keep from going bankrupt. And the money is essentially free, since the second part of the central bank plan is to set interest rates to near zero or zero. So these banks have loads of free money which they then direct towards the stock market, where they already have loads of money parked. The stock market goes up. They being to secretly pull their money out while the foolish moms and pops of the world think they had better invest. So the great reversal takes place. The banks make out like bandits, the average retail investor gets into the market, and then the implosion overcomes the money printing and anyone foolish enough to believe that the stock market is all sunshine and lollipops gets hammered.

  • davidbanner

    it may look fine now… and it may be fine in the future. if you look at the yearly candlestick chart using technical analysis…. this “move” and “new highs” are trivial when you look at the big picture. It’s possible the DJIA will continue upward… it is also more possible that this is the very baby beginnings of a reversal signal.
    It’s too hard to tell at this time which way it will go.

    If it is a reversal signal, then 2015 will be a bearish candle. if that closes bearish and the 2014 candle closes close to where it is at (+/- a several points)… that is a classic reversal pattern.

    I just checked some more stuff. the yearly high has yet to be broken……
    there are probably tons of sell orders around that area.

    if i was a big time player, i’d sell on the high , i’d even sell right now and set a stop loss around 17000

  • Robert Govan

    Hyper- inflation is baked into the cake……..Do not miss this blog if you want the real gold story……

  • Shelley Reynolds

    “We don’t need money! People make things, money does nothing.” Michael Tellinger
    This is all an illusion to keep us distracted from evolving more spiritually. We have developed technologically but spiritually we are in the dark ages. We can’t get along with one another (wars) and we aren’t very good to one another just on a daily basis. Our government loves wars since it lines the pockets of politicians, the banking cartel and the MIC. Both parties (Democrats and Republicans) are the problem not the solution. But the people keep voting for these greedy bastard’s because they want their team (blue or red) to win. The dumbing down and brain washing has worked perfectly for the power elite. The people will get what they voted for. Thomas Jefferson warned us about the corporations but we ignored his warnings.

  • Tim

    Very interesting, Kent.

  • Hiroshi Yamamoto

    It will be quicker than most are thinking. The Elite aka Illuminati are pushing the West/NATO for a confrontation with Russia over a Ukraine crisis. This (and the sanctions) will cause Russia to dump the Dollar as China may follow. Then expect some tsunami of shiite and economic Armageddon. Then World War 3. History repeats the cycle again.

    • Darth Maul

      I REALLY HATE to say it, but war is good for the economy.

      At least it is for the survivors…

      • Hiroshi Yamamoto

        War never changes..
        Good for few, bad for most.

  • bob cratchette

    BABYLON is fixing to fall it must happen and america will not get back up this time it will be our final slap down


    Keep taking your meds and don’t forget your psychoanalyst appointment.

  • Chesyre

    All of your goat buggering economic models are based on unlimited cheap fossil fuels .
    They are all fail , and most of you will die miserably shouting why me to zombie jeebus . And that is comedy gold

  • Shootist

    Does the economy move in predictable waves

    No. Economic activity is random.

  • Michael

    I understand that Michael the man that write these articles is a Christian, but why does he continue to use worldly language in some of his articles, the word magic is a worldly term no majician shall enter in the kingdom of heaven, was it just a mistake or is your consience being seared like a hot iron, to use the word in any context is not a good word to use at all.

    • FirstGarden

      To take absolute matters, and make them relative, is liberalism.

      To take relative matters, and make them absolute, is legalism.

      Vocabulary is a relative issue.
      It’s about principle, not methodology.

      Man judges by appearance, but God looks at the thoughts and intents of the heart.

      Beware of a critical spirit.
      Best to leave the judging to God.
      He alone is:

      a) smart enough
      b) good enough.

      • Michael

        I judge knowone, I do not understand why people automatically assume when you point something out that is contrary to the Bible, Gods Word you are assuming I am judgeing I am only simple pointing out the worldly language that was being used, a Christian would have found different words to use to point out the same subject matter, all you did was put your own opinion out in a technical way to justify the word that was being used, through your ideology then when someone cusses its not the word it is the intent give me a break, it the word that is being used that is the condemnation.

        • FirstGarden

          You missed the entire point.
          Reread what I said. Also, in essence, you are implying that the author is not a Christian. That is judging. I was much like you 30 years ago. I look back with shame over my immaturity. God has had to humble me. It is vital to have a teachable spirit.

          • Michael

            Really did not get your point in your first response, it was more your opinion then anything else,

            my quote “I understand that Michael the man that write these articles is a Christian,”

            your quote”Also, in essence, you are implying that the author is not a Christian. That IS judging.”

            I really do not know what it is that your are reading because my quote has nothing to do with judging just observation, you must not understand what judgment means, I am neither telling anyone that they are going to heaven or hell just pointing out something they said not that I said.

            Well all I have to say form your own testimony you are regressing from your beliefs in Christianity, you are starting to sound like one of those new age christian loves the sinner hate the sin kind of christians, love everyone, the Bible really in a way does not teach that when you look closer at the meaning of those verses,

            a teachable spirit, wow you accept words that if they are practiced will send you to hell, not what I say, but what the Word of God says.

            Let me guess when we are all judged by Jesus your just going to say whoops that was a technicality, I think not there is only one time to make it into heaven that is in the living not the dead.

            your quote “You wanna go after something really serious? Tackle pride. God REALLY hates that.”

            I did not know sticking to The Word of God would be considered prideful, is that the new thing these days when someone goes by The Word there are going to be accused of having a prideful heart, interesting, I myself choose Jesus Christ before I trust in the hands of man, Jeremiah 17:5

            Jeremiah 17:5

            King James Version (KJV)

            5 Thus saith the Lord; Cursed be the man that trusteth in man, and maketh flesh his arm, and whose heart departeth from the Lord.

            2 Timothy 3:15-17

            King James Version (KJV)

            15 And that from a child thou hast known the holy scriptures, which are able to make thee wise unto salvation through faith which is in Christ Jesus.

            16 All scripture is given by inspiration of God, and is profitable for doctrine, for reproof, for correction, for instruction in righteousness:

            17 That the man of God may be perfect, thoroughly furnished unto all good works.

            the Bible is the template for the Christian to walk his daily life in to gain charity and faith, let me asking you one thing can you show me an instance in the Bible were the word is that we are using is used in the context that you are alleging, because I have read the Bible, and I can not find it. I have no prize, but the glory of Jesus.

            You talk about judging, indirectly you say I am prideful, would that not be judging, you call me immature indirectly of course would not want to come straight out and say that of course, but would that also not be judging, I have on;y pointed out what the author of the article said and what you said, but so far you have called me judgmental and prideful,

            Matthew 7:1-4

            King James Version (KJV)

            7 Judge not, that ye be not judged.

            2 For with what judgment ye judge, ye shall be judged: and with what measure ye mete, it shall be measured to you again.

            3 And why beholdest thou the mote that is in thy brother’s eye, but considerest not the beam that is in thine own eye?

            4 Or how wilt thou say to thy brother, Let me pull out the mote out of thine eye; and, behold, a beam is in thine own eye?

            I choose Jesus and The Word of God the Bible over anything else, whether you have seared your own conscience like a hot iron or not is between you and Jesus, remember search out your own salvation with fear and trembling, and fearful man of God would not use that word that we are arguing about.

          • FirstGarden

            “Well all I have to say form your own testimony you are regressing from your beliefs in Christianity, you are starting to sound like one of those new age christian loves the sinner hate the sin kind of christians, love everyone, the Bible really in a way does not teach that when you look closer at the meaning of those verses”

            You are full of your self. You don’t know what you’re talking about.
            Humility is not in your character. And no one here sees Jesus in you – just “the ministry of a religious spirit.”

            “Let me guess when we are all judged by Jesus your just going to say whoops that was a technicality, I think not there is only one time to make it into heaven that is in the living not the dead.”

            Guess? I sense no love in your spirit.

            “I did not know sticking to The Word of God would be considered prideful, is that the new thing these days when someone goes by The Word there are going to be accused of having a prideful heart, interesting, I myself choose Jesus Christ before I trust in the hands of man, Jeremiah 17:5”

            Again, you miss the point. It’s about moral character, NOT about quoting scripture and sticking it to others. Pride is a matter of CHARACTER.

            “5) Thus saith the Lord; Cursed be the man that trusteth in man, and maketh flesh his arm, and whose heart departeth from the Lord.”

            I know of many Godly leaders who have repented for the attitude you hold, the spirit in which you approach others. My appeal to you is on deaf ears.
            Knowing the word of God is wonderful. Knowing the GOD OF THE WORD is also vital – showing forth His character, His nature.. of Love, Mercy & Compassion… not this pharisaical pride of quoting scriptures, and misapplying them out of a hasty judgmental spirit.

            “You search the Scriptures because you think that in them you have eternal life; it is these that testify ABOUT ME.”

            Can’t you see it’s all about Jesus, not pridefully quoting scriptures at people?

            “the Bible is the template for the Christian to walk his daily life in to gain charity and faith, let me ask you one thing can you show me an instance in the Bible were the word is that we are discussing is used in the context that you are alleging, because I have read the Bible, and I can not find it.”

            The verse I just shared will suffice for now. I can offer many more scriptures and debate with you til the cows come out and crow. I can offer many expository arguments with exegetical exactitude & homiletical perfection. But I’m really not interested. It’s really a matter of loving Truth, not wanting to be “right”. You can be so busy trying to be right that you’re dead wrong.

            BTW, Truth is a Person. Study Him – His gentle character, His mercy, compassion and forgiveness. For the God of the Bible is both Love, AND is Holy – hating sin. There are huge bodies of scripture supporting this understanding of His character. The apostle Paul called himself the chief of all sinners. He was in the third heaven, not you and me. He was staggered by the vision of the Almighty. He reflected Christ perhaps more than any in human history. For knowledge puffs up/makes arrogant. But love edifies. One look at Jesus, and suddenly, we know nothing, we are nothing. Learn HIM!

            You say, “I have no pride, but the glory of Jesus.”
            YOU HAVE NO PRIDE? That tells all right there. .

            That is reminiscent of this verse:
            “If we say that we have no sin, we deceive ourselves, and the truth is not in us.”

            Every person on earth has pride. It is the last thing to go, and the first thing to return.

            “You talk about judging, indirectly you say I am prideful, would that not be judging, you call me immature indirectly of course would not want to come straight out and say that of course, but would that also not be judging, I have only pointed out what the author of the article said and what you said, but so far you have called me judgmental and prideful”

            There’s such a thing as instant purity. But there’s no such thing as instant maturity. – Leonard Ravenhill

            Yes, you are immature. But God will deal with that.

            Yes, you are prideful in heart and spirit. Those who know the most, realize how much they don’t know. “He who thinks he knows, does not know as he ought to know.”

            It is one thing to disagree. It’s another to be disagreeable.
            It is one thing to quarrel. It’s another to be quarrelsome.
            It is one thing to contend, quite another to be contentious.
            One is an incident. The other is a DISPOSITION.

            Yes, you are contentious.

            Learn to love Truth. brother. Love Truth above all.
            Remember, Truth is a Person. As you know, He is the Way, the Truth and the Life.

            It’s not important that you are right, or that I am right. Truth is what matters. And Love. “The greatest of these is Love.”

            “I choose Jesus and The Word of God the Bible over anything else, whether you have seared your own conscience like a hot iron or not is between you and Jesus, remember search out your own salvation with fear and trembling, and fearful man of God would not use that word that we are arguing about.”

            Again, I know of very Godly men, some with international pulpits (for whatever that’s worth), who have repented of this religious spirit and pharisaical pride — Dave Wilkerson, my best friend Keith Green, Jack Hayford, Chuck Smith, John Dawson… on and on it goes.
            They repented of this very spirit that you are hanging on to. Let it go.
            Test all things, (including your own heart and character) and hold fast (cling tenaciously) to what is good.

            As for your “having no pride”, I have to warn you here. And only once. (I don’t get my jollies by trying to “fix” you, or anyone else.) But I believe that you are in spiritual danger. This is dangerous talk. It’s those who believe they can’t be deceived, who are sometimes the most deceived. I’ve been there, believe me.

            I believe you have the glory of Jesus, as you say.. but it is in Him, and OF Him, certainly not of ourselves. Knowing the word is truly wonderful. But our hearts being governed, tempered by the GOD of the word, is quite another thing.

            So I challenge you:
            Copy and paste our ENTIRE conversation, and send it to your pastor. Or to any spiritual leader you trust. Get their objectivity. If you’re willing to do this, then that would reveal a humble, open and searching soul. If not, then we really have nothing to talk about. I’m not interested in shooting doctrinal popguns with you. Having the glory of Jesus also means showing forth His character; yes, fiery at times, but also full of mercy, gentleness, kindness and forgiveness.
            I agree about trembling before a Holy God, in awe and Godly fear.
            I also believe in being kind and compassionate.

          • Michael

            Using all these big words to show your point across, ounce again who is judging who, you tell me I have pride then you tell me I am immature, that would be judging, loving everybody including sinners in not the Christians responsibility, Jesus killed all the people in the old world because of there sin, Jesus ounce again killed all the people in the Sodom and Gomorrah and all the cities of the plain because of there sin, all I can say to you is be careful, you lead with this love argument, and then you judge others, I do not know any of those names you quoted so why, is this who you are reading instead of the gospel, I never said I did not have sin, you said I do not have sin, I said I do not have a prideful heart, but testimony for you is something you do not agree with, you have ounce again been the judge, by your own testimony, you keep doing what you say that I am doing, but I have still yet to judge anyone, Jesus killed 70000 people in Jerusalem for Davids sin, I love Jesus, man is the one who is corrupt, I stand for Jesus, I may be a little harsher then all these other so called Christians, but I at least read the good gospel and not look at other peoples take on what stuff means or read there books, there is a war going on right now and you think this subtle attack the one who speaks the gospel is the one to attack, I feel sorry for you more then ever, I may be harsh and point things out, but what I pointed out was for a reason, Michael the one who right these articles, this is not the first time he has used the word magic, just pointing out that this word is not a Christians word, but under your theology you can say what ever you want just as long as the intent was ok, remember what comes out of the mouth the heart speaketh. I am sure in your next response maybe you will give some names of some people again who I have never even heard of and start using some really big words to try to confuse the discussion, but there will be a time when all will be judged and I will not stand for your judgment that you have placed against me, the only judgment I care about is Jesus the Christ.

          • FirstGarden

            You are wrong.
            Deep inside, you know it.
            This is an evil, critical spirit in you.


          • Michael

            If the gospel is evil to you I feel sorry for you, keep spreading your lies, in the end we will find out who was right and who was wrong, ounce again you judge by your words and call me a judge.

          • FirstGarden

            I plead the blood of Jesus over you. This is a demon in your life. A religious, self-righteous spirit. This is a literal demon oppressing you. REPENT!

          • Michael

            First you say I judge now I have a demon, the Bible never talks about demons that word was never even used in the Bible, also now I am self righteous, keeps your eyes on Jesus and his Word and you will know the truth, the Pharisees and the Scribes accused Jesus of have a devil too did they not. Follow The Word not your imagination or someone’s else’s writings.

          • FirstGarden

            If you don’t believe that demons can oppress or harass Christians, then God help you. I didn’t say “possess”. I said “oppress.”

            You are oppressed. May God give you grace. His kindness leads to repentance. Repent.

          • FirstGarden

            You know you are wrong.
            Your spirit is not right.
            I will now give you the last word.
            I will not respond.
            Repent before a Holy, Righteous, Loving God.

          • Michael

            There was never the word demon used in the Bible, devils attached themselves to people and needed to be casted out in Jesus name,

            I never said nothing about oppress or possessed you did, nor did I ever say they can not go into a person you did ounce again, you are putting things in my mouth that I never said,

            what next now you say I am oppressed, repentance is turning away from sin and new train of thought, I assuming by you telling me to repent is you want me to stop reading the Bible I think not,

            you are starting to go all over with your response, saying I said something I never said, then saying something else, come down for a minute and take a break, I know what the Bible says I do not read other authors books to get there meaning of what the Bible says, kind of what you were trying to say when you were naming off all those other people in when of your responses a little while ago, depart not from the scripture, the love is for Jesus and the brethren, not the sinners walking about, I love my brothers and my sisters that bear fruit not thorns, and I love Jesus, he has opened my eyes to so much when they were clouded over. Read Jesus Word thats all it takes. You will never read in the Bible were any of the apostles of prophets loved sinners, never they loved Jesus and there brothers and sisters in the Lord, Samson married outside the blood line and look what happened to him, so did Esau and look what happened to him, stick to The Word, not your thoughts but The Word.

          • FirstGarden

            I appreciate your conversation with that Gay Veteran fellow. He is definitely not well. You really did hold forth. I admire that.

  • From whichever angle you wish to look from, things look bleak. Suppose they will continue to prop things up and let the economy limp along for as long as it suits them.

  • rentslave

    Whatever happens,states must pay the bondholders-even if they have to turn every EBT fan into Soylent Green.

  • top gun

    one cannot have a ‘depression’ with vast amounts of money printing. too much money ultimately leads to hyperinflation. on target for april-may 2015 IF Yellin is to be believed.

  • Tom_F

    Deflation is happening now, as production capacity grows but demand shrinks. Fed money-printing is Inflationary, and that Inflation is absorbed by the Deflation. Hence, a CPI of 1%, while economic growth is 0.1% to negative, food prices increase 13% year-over-year, energy and oil prices up 15% year-over-year, but electronics and automotive costs have decreased. The blended CPI number may be accurate, but it sure isn’t right!

  • Fed money printing isn’t as important as debt creation. Right now it seems as if borrowers are going back into more debt payoff and default, which is deflationary. It is the opposite of debt creation, and will overshadow any Fed money printing.

  • pkill

    Go look at Martin Armstrong’s blog.

  • Mark Power

    Deflationary depression, followed by inflation, civil war in the US. We need to cleanse ourselves of all progressives.

  • zombiekiller117

    The attempt to destroy EVERY White country through 3rd World immigration and ‘assimilation’ is GENOCIDE
    ‘anti-racist’ is a codeword for Anti-White

  • Shell

    There is so much waste in the government. I know this won’t fix everything but it would help, stop giving money too multi billion companies who don’t pay taxes, don’t start any more wars, we just finished paying for the Spanish American war. Start local businesses, for food and products that are sustainable like industrial hemp which would supply clothing, shoes, many things plus jobs, also green houses around cities n towns would save fuel. If we have strong local independent economies then what ever happens on the country or international stage wouldn’t hit us so hard. I will admit I’m not an economist but that’s the way I see it.

  • Frank

    Why does it always seem to be later and later with these dooms day fanatics? How many end of the world scenarios have been predicted and never happened, or the dollar collapse that has yet to happen? Now it is no longer 2014, it’s 2015. How ridiculous. So when nothing happens in 2015, they are going to predict it for 2016, right?

  • JI

    That would be great if things pan out this way. Unfortunately, I think the Government-Banking-Media complex has figured out ways to prolong the misery, sort of like FDR managed to drag out the Great Depression about five years longer than it would otherwise have lasted.

  • Erin Anderson

    During the ‘Boom’ we will see hyperinflation this time around.

  • Bernard Marx

    “Unplug- Shrug”

  • fadestyle

    2020 is putting it lightly. i think he should state until 2022.

  • fadestyle

    Each one of our “financial rests” down turns have started on a Shemitah and many have consisted of wars.

    Will we see things happen during this Shemitah year that are similar to things that we have seen in past Shemitah years?

    For example, on September 17th, 2001 we witnessed the greatest one
    day stock market crash in U.S. history up until that time. It happened
    on the 29th of Elul on the Hebraic calendar, which is the day right
    before Rosh Hashanah.

    That record stood for seven years until the massive stock market
    crash of September 29, 2008. That date also corresponded with the 29th
    of Elul on the Hebraic Calendar – the day right before Rosh Hashanah.

    Will the pattern hold up in 2015?

    Well, the 29th of Elul falls on a Sunday in 2015, so the stock market
    will be closed. But it is very interesting to note that there will be a
    solar eclipse on that day.
    1776-78 – Birth of America – American Revolutionary War, lasted one whole 7 years and ending in 83

    1783-84 – End of American Revolutionary War – Northwest Indian War starts

    1790-91 Northwest Indian War 1785-1793

    1797-98 – Quasi War 98-80′

    1804-05 – First Barbary War 1801-1805

    1811-12 – Tecumesh’s War of 1811 – War of 1812 starts

    1818-19 First Seminole War – West Indies Anti-Piracy Operations – African Anti-Slavery Operations – Wall St. Panic of 1819

    1825-26 – Aegean Anti-Piracy Operations

    1832-33 – Black Hawk War of 32′ – First Sumatran Expedition War

    1839-40 – Height of 2nd Seminole War 35′-42′ – United States Exploring Expedition 38′-42′ – 2nd Sumatran Expedition War of 39′

    1846-47 – Mexican American War 1846-1848 – Cayuse War of 47 to next Shemitah ending 1855

    1853-54 Hurricane of 54′ Florida – Cayuse War – Apache wars lasting til
    1900 hence 7 Shemitahs – Bombardment of San Juan del Norte 54′

    1860-61 Nov 6th 1860 South Carolina declares secession/ April 12th 1861
    Civil War starts – Lincoln starts the war to save Wall St from crashing.
    2 major hurricanes of 1860 Alabama – Hurricane of 1861 Florida – Navajo
    War in height – Paiute War 1860 – Mexican Reform War 1860- Bombarment
    of Qui Nhorn 1861 – The next 4 Shemitahs are the Native American
    Campaign Wars starting in 1860 – 1882

    1867-68 Lakota – Cheyenne – Arapaho Wars – Hurricane of 87′ in Florida –
    Snake War with Paiute, Bannock, Shoshone – Red Cloud War 66-68 –
    Comanche War 67-75′ two shemitahs. Formosa Expedition of 67′

    1874-75 Red River War with Cheyenne – Arapaho- Comanche- Kiowea Wars – The Locust Drought

    1881-1882 End of Native long drawn out War – Hurricane of 82′ in Alabama
    – 2 Hurricanes one being a 3 in Florida in 82. Thumb Fire in Michigan
    in 81′ killing 282 people with 2.3 million dollars in damages.

    1888-1889 – Spanish American War with several overseas wars connected to
    this war as in Cuba and Pacific. The Samoan Civil War Campaign. 2
    Hurricanes in Florida one is a 3 and other is a 2. Johnstown Dam burst
    in Penn State killed 2,209 people.

    1895-96 – Panic of 1896 on Wall St. – Hurricane in Florida – The Major
    Drought starting in 1890 after last Shemitah ending in 1896. St. Louis
    Tornado kills 400 people and 2.9 billion dollars in damages

    1902-03 – Panic of 1901 on Wall St. causing problems in 1902 – Hurricane in Florida – Iroquois theater fire killed 602 people

    1909-10 – a Hurricane 3 in Florida 09′ and a 2 hurricane in 10′ – Cherry
    Coal Mine Disaster kills 259. Wellington Washington Avalanche kills 96

    1916-17 – America enters World War 1 – Hurricanes (2) of 2 in1916 and
    one in 1917 (3). 166 die in a Mine fire at Speculator Mine.

    1923-24 – American violence starts in the roaring twenties on
    Prohibition – gang violence on the rise. 2 hurricanes in Florida –
    Castle Fare mine disaster kills 172 people. Berkely California Fire
    destoryed 640 homes. Honda point disaster 7 U.S. Navy Destroyers run
    agound off California Coast.

    1930-31 – Wall St. crash on Oct 24 1929 causing the Great Depression
    starting in 1930 – The Drought called the Dust Bowl lasting 6 years
    before next Shemitah.

    1937-38 – Recession of 1937-38 on Wall St. – Europe is in uproar and
    World War 2 is about to begin. Ohio River Flood killed 385 people with 5
    billion dollars in damages. New London School Explosion killing 319
    people and 13 million dollars in Damages. Virginia Coal Mine disaster
    kills 257 people. New England Cyclone kills 600 people. Los Angeles
    Flood kills 115 people.

    1944-45 – after 6 years of World War 2 it finally ends when Americans
    drop the A-Bomb on Japan. 3 Hurricanes in Florida which on in 44′ is a 3
    and one in 45′ is a 3. The Drought of 44′ which lasted 5 years in the

    1951-52 – Korean War at its hieght after the Freeze on Oil Prices –
    Start of French Vietnam War which lasts 4 Shemitahs like the Native
    American Wars – Many Droughts started around American in this time
    frame. The Great Flood of 51′ kills 28 costing 7 billion dollars in

    1958-59 – Lebanon Crisis – Vietnam War – Drought in Southern California hit hard on crops.

    1965-66 – Vietnam War – Invasion of Dominican Republic – War in Boliva –
    Korean Conflict again – Hurricane Besty is a 3 in Florida in 65′ and
    Alma a 2 and Inez a 1 in 66′. – Palm Sunday tornado outbreak killing 271

    1972-73 – Vietnam War – 73′ Arab Oil Embargo sky rockets gas prices and
    shortages – Britain Stock Market Crash effecting Americans – Hurricane
    Agnes in Florida in 72′. Rapid City Flood 238 people were killed with
    $160,000,000 in damages.

    1979-80 – Wall St. Silver Thursday plummets silver prices – 79′ Gas and
    Energy Crisis – Afghanistan terror on America starts – Iranian Hostage
    Crisis on Americans “hatred of Americans” – Hurricane Fredric (3) in
    Alabama and Hurricane David (2) in Florida in 79′. – Corn Belt Drought
    of 80′ killed 1,700 people in heat wave. – flight 191 kills 273 people

    1986-87 – Wall St. Black Monday – Gulf of Sidra Campaign – Libya Bombing
    in 86′ – Iran/Iraq war stars effecting America in the years to come. –
    Hurricane Floyd in Florida in 87′. Serve Drought of Southeast lasting 3
    years – California longest 5 year drought ever starts in 86′

    1993-94 – Somali War – Bosnian War – 3 billion dollar damages from
    Southeast drought in 93′ – 1993 Big Storm hit Northeast killing 310
    people with $6,650,000,000 damages. The Great Flood of Midwest killing
    50 people with 15 billion dollars in damages.

    2000-2001 – Dot.Com Bubble YK 2000 – Afghanistan War starts in 2001 –
    911 Terror attack “Economic effect after attack on 911. – Driest rain season in California
    since 1877. Southeast drought all over in 2000 – 911 flights killed
    many as well as flight 587 in Queens killing 265 people. Topical Storm
    Allison caused 5.5 billion in damages and claimed 41 people.

    2008-Sep-29 (29 Elul 5768) Last day of Last month of 7 year cycle – last
    day of Shemitah Year – Market collapse 777.68 (777.77 points) 7.1%.
    Financial Recession – Global Recession causing banks to
    default, foreclosures and homelessness to masses of people. War in Iraq
    at its height – Bear Market Crash – Somalia War – Drought records are
    broken from southern California 2001 drought which is lowest drought
    ever since 1877. 2007 California wildfires

    2014-15 :

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  • Jeff

    It’s as if these evil corrupt greedy people at the top of the totem poll know something big is going to happen, such as a meteor, alien attack, or our own financial crash, and they are spending and preparing for this by spending huge amounts of money, where it is being spent is unknown, but we know they have plenty of underground bunkers, are they building space vehicles and why do they think they should do this on our dime? Tax money. We all know it is a free for all for taking money or making one selves rich while in these public office that they should be holding in trust of the people, but they’re not. If they were putting the money in smaller govt., using the technology for good, not just war and containment of the population, we would be well onto an economic recovery for all and great living for all if we would just use the latest technology for growing clean foods, raising clean animals, clean water, and free energy for all, why can we as a peope allow one family to keep us on oil and gas when we know there is much better out there that is FREE for all? How about using the natural way to heal people and quit with the drugs and pharmaceuticals, we got to stop this greedy evil way of making people sick just to sell drugs. We just got to start looking to make everyone better not worse, and quit bringing America down instead bring the rest of the world UP to our standard of living. Come people, we do not want anymore WARS, we want peace on Earth and know that all people are alike and we just want to live free and love life. Why spend the little time you have hoarding money for you alone, make us all rich, happy, living well and we will have no need to worry about bad people forming, if we all have it all.

  • dennis richardson

    In 1969 a man on television told the story of Jesus Christ in the synagogue in Nazareth near the beginning of HIS ministry quoting Isaiah 61:1 & 2 into Luke 4. HE purposefully left out the word “vengeance” when HE promised a Jubilee at the end of the Age of Pisces the Fish. The tribulation will come later, no comment by me about the Rapture here. The Jubilee comes first in October 2016, when Pisces ends. A transition period of time between ages, Pisces and Aquarius, who knows how many years. I do not but… Consider the Shemitah seven year cycle intersecting with the Jewish calendar 19 leap year cycle in 2022 and 2043.

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  • stephenokechukwukeshi

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  • CharlesH

    Today’s date is Friday June 26, 2015 and I can see NOW many of these projections mentioned coming to the forefront today. We’re in for one hell of a bad ride I fear. Michael, thanks a lot for all your hard work – I personally so appreciate it.

  • match

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  • Illuminati Worldwird

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