If you want to understand how the people who have been in power in the US and the world globalists think this is the info for you… as well some insight into what we can do.
We should be watching Europe… it is our future.
When China stops buying our bonds according to Damon Vickers, author of The Day After the Dollar Crashes: A Survival Guide for the Rise of the New World Order, a 15-day doomsday clock begins.
When it is done, we will have a New World (Economic) Order. See the 15-day chart here:
CLICK FOR VIDEO Part 1 of Global Economic Change
Beck’s second guest, fiction author Brad Thor (The Athena Project) took part in war games with the Federal government
Again, as Glenn says this doesn’t have to happen, but we need to know it is a possibility, as we as prepare, to stop, change or cope with it.
CLICK FOR VIDEO Part II of Global Economic Change
If you wanted to see the 12 Days of Christmas, then watching the ‘Glenn Beck Show’ on Fox News Channel was not the place to be today. Instead, Glenn Beck laid out a scenario on how the global economy could collapse in a mere 15 days. His guests were authors Damon Vickers (“The Day The Dollar Crashes”) and Brad Thor (“The Athena Project”). Beck emphasizes that he’s not doing this to create fear and panic, but to make people aware of potential problems to be avoided, or, at least prepared for.
Day 1 of Glenn Beck’s scenario begins with China announcing that they will no longer buy U.S. Treasury bonds. This is not such a far-fetched idea, as they have certainly slowed their rate of bond purchases and have voiced public criticism of Ben Bernanke’s announcement this week of a second round of quantitative easing.
Day 2 and 3 focuses on Wall Street which gets ’spooked’ by China’s announcement. The volume of stock sales is ultra low as rumors of instability abound. By Day 5, the world begins to react. Markets in Asia drop 10%. The American and European markets also decline a like amount. The European Central Bank reacts quickly, raising interest rates to attract capital as investors seek a ‘flight to safety’.
Day 7 of Glenn Beck’s scenario has the U.S. stock markets closed while the Federal Reserve Board holds an emergency meeting. Needless to say the government is certainly participating in decisions during the next 48 hours. With some vague pledge of ‘a plan’, the markets reopen on Day 8. They may even rally a bit, gaining 500 points or so. On Day 9, things seem to be stable.
Day 10 and the U.S. Dollar loses 10-15% of it’s value! The Fed’s quantitative easing has pushed a sudden burst of inflation as global banks try to divest themselves of the reserves of dollars. How possible is this? Again, following Bernanke’s statements on Wednesday, financial leaders in China, South Korea and Thailand have already said this week that they will act together, in concert, to protect themselves from a devalued dollar.
Day 11, the Fed meets again. On Day 12, in Beck’s scenario, the Fed decides to follow the Euro Bank’s move of increasing interest rates. Far from securing stability and confidence, the sudden change in direction by the Fed has the opposite affect.
Day 13, Lucky 13 — GLOBAL MELTDOWN! All of the world’s market begin to crash as confidence in ‘The System’ goes out the window. It’s every man (and lady) for themselves! The value of all paper securities, be they mortgages, stocks bonds, currency, is questionable. The markets go into total free-fall, losing perhaps 20% or more in a single day.
On Day 14 of Glenn Beck’s scenario, the IMF (International Monetary Fund) and the G20 financial leaders meet. In a televised, joint announcement, they announce an emergency plan to restructure all ’sovereign debt’, the debt held by each nation. Perhaps even a new currency or basket of currencies for global trade to replace the U.S. dollar. The beginning of the New World Order.
On Day 15, the public begins to panic. In the past two weeks, the value of their currency has declined some 20% or more. The cost of food, oil, etc, has jumped. Bank runs are televised as people get whatever cash they can and buy whatever is available from the shelves of grocery stores. The entire nation is behaving as if a hurricane is approaching. ‘The System’ is utterly swamped.
Glenn Beck’s scenario for economic collapse is not all that farfetched. In polls taken earlier this year, more than 70% of Americans believe that things could get much worse. That another economic collapse could happen. As I wrote earlier today, a high-ranking finance official from China, Xia Bin, warned yesterday that the Federal Reserves plan for a second round of quantitative easing would not work and could lead to another collapse. Both of Glenn’s guests, authors Damon Vickers and Brad Thorn agree that the scenario is a very possible one. Beck said that during the course of researching his latest book, “BROKE”, some of the 30+ economists he talked with think that even 15 days may be optimistic. A sudden crash could happen in 3 days from an event such as China ending it’s purchase of U.S. bonds.
Hat tip to Andrew Zarowny
Build America Bonds Issuance Surpass $150 Billion
China on Quantitative Easing 2
What will stop these things from happening is awareness. Do you homework and then share what you’ve learned.
CLICK FOR VIDEO Part III of Global Economic Change
Background Reading and Research
The Coming Insurrection (Semiotext(e) / Intervention) - Book
Cloward-Piven.com - Website Article
The Weight of the Poor: A Strategy of End Poverty – Article by Cloward and Piven
Introduction to Civil War (Semiotext(e) / Intervention) - Book
William Ayers’ forgotten Communist Manifesto: Prairie Fire – Article
Prairie Fire: The Politics of Revolutionary Anti-Imperialism - Book
Van Jones and STORM Should Scare the Daylights Out of Every American – Article
STORM – Reclaiming Revolution PDF
Liberating Black Theology: The Bible and the Black Experience in America - Book
The Roots of Obama's Rage - Book
Broke: The Plan to Restore Our Trust, Truth and Treasure - Book
We Are an Image from the Future: The Greek Revolt of December 2008 - Book
11 Reasons Why the Federal Reserve is Bad - Article
You should listen to these; was just sent to me by a friend:
An employee from a major company was contacted by the payroll saying they could be paid in another currency.
Reads letters and shares info from phone calls.
I would say fear is taking over and people are aware. Better go to the bank tomorrow.
Looming Banking Crisis: Steve Quayle 5/11/10 1/4
http://www.youtube.com/watch?v=OQbf9UHjqRs
Looming Banking Crisis: Steve Quayle 5/11/10 2/4
http://www.youtube.com/watch?v=MmzOY5ofeDg
Looming Banking Crisis: Steve Quayle 5/11/10 3/4
http://www.youtube.com/watch?v=qpkrdhVux74
Looming Banking Crisis: Steve Quayle 5/11/10 4/4
http://www.youtube.com/watch?v=YqOGMDmcP2w
What will come out of all this if it goes forward is something profound… either global slavery or profound goodness… And Americans will not go down without a fight. They will stand up and rebuild!
Obama is asking for the START Treaty - He needs to disarm Americans as part of the NWO plan. Contact your Senators and Congress people and tell them NO to START and to support the 2nd Amendment!!
Midterms 2010: Hillary and Obama want ‘lame-duck’ Congress to pass Start treaty
Be Sure to Watch Beck’s Special on Tuesday, 11.9.20 on George Soros
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