Within the United States, the US Federal Government and The US Federal Reserve Bank interventions have failed. These manipulations, by the central bank, in order to maintain the current stock bubble, and the real estate bubble, are currently reflecting the acts of failed monetary and fiscal policies, as we are presently experiencing.

The reality is that the US economy has already been in contraction for many years now.

The government intervention is failing in Europe, Japan, and now apparently also in China.  Government interventions globally are currently becoming more vulnerable The US, Europe, Japan, and China have all been experiencing failures. We are currently witnessing the results of total failures, right under our noses. I believe, we are closer to that point of the Global Financial Meltdown than anyone else may realize. This collapse in China is a major shock, which has triggered a major market sell-off within the US markets.

Over $2 trillion has been lost in the U.S. market alone within the past week of August 24th through August 28th, 2015.  Globally, I estimate $5 trillion has been lost, in total, during the same time period. A domino effect has been caused by affecting economies globally rippling all simultaneously.

We are currently dealing with the unspoken deflation problem. Commodities prices and oil are down sharply the past year. No major economy looks even close to true real expansion.

What is taking place right now, in the stock market, is just a precursor for what is about to happen, shortly. This is my view of foreseeing a pre-crash, and I believe that we should all be aware that this is looks to be the “real deal” and could occur take hold in more serious way before the end of October. This seems to be a bubble of historical proportion. Raising interest rates today is impossible because the market is way too fragile, at present.

We are experiencing times, as we have never before experienced in our life time. This will cause us to experience a major shift with in our culture, our civilization, our social lives and our belief systems to some extent.

The rally in gold is going to be stupendous. Gold will be the strongest currency in our future or at least for a few years as the Great Financial Reset takes place. The SDR (Special Drawing Rights) in which, I have written about in past articles, is nothing more than an index of currencies.  In 2015, it will not be able to provide liquidity within the global markets, as it provided during the 2008 bear market.

Print Friendly, PDF & Email

Related Posts