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Author Topic: CIA: America to enter a 25 year Great Depression  (Read 1584 times)
TaunSew
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October 18, 2014, 04:05:54 AM
 #1

http://moneymorning.com/ext/articles/rickards/25-year-great-depression.php?iris=252778
http://pro.moneymappress.com/MMRBSSH47/PMMRQA29/?iris=252778&h=true


Jim Rickards, a senior adviser to the CIA and the Pentagon, has said the CIA and 16 of the country's intelligence agencies have been circulating a memo detailing the start of  25 year great depression.  The end of the US as the world's reserve currency and a $100 trillion bust (which I assume is referring to both assets and derivatives which stand at $480 trillion world wide).  Global anarchy to ensue.



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DhaniBoy
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October 18, 2014, 06:57:17 AM
 #2

something could happen in the future, no one knows, maybe now the US dollar is on the rise, but with more and more of its competitors such as the euro and the pound dollar, hence the popularity of the dollar would be more incontestably, today the dollar is still the belle of currency trading world, a lot of trade in the world uses the dollar as the currency of the transaction, it makes the American economy is growing and berkermbang, the American economic depression in the country itself may occur due to a lot of US dollar reserves are used and stored outside of the American ... now a lot of people who hunting dollars ...  Cool

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October 18, 2014, 10:00:12 AM
 #3

http://moneymorning.com/ext/articles/rickards/25-year-great-depression.php?iris=252778
http://pro.moneymappress.com/MMRBSSH47/PMMRQA29/?iris=252778&h=true


Jim Rickards, a senior adviser to the CIA and the Pentagon, has said the CIA and 16 of the country's intelligence agencies have been circulating a memo detailing the start of  25 year great depression.  The end of the US as the world's reserve currency and a $100 trillion bust (which I assume is referring to both assets and derivatives which stand at $480 trillion world wide).  Global anarchy to ensue.


Yep, same was before ww2 =)
Someone wants ww3 now =)

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October 18, 2014, 12:43:22 PM
 #4

http://moneymorning.com/ext/articles/rickards/25-year-great-depression.php?iris=252778
http://pro.moneymappress.com/MMRBSSH47/PMMRQA29/?iris=252778&h=true


Jim Rickards, a senior adviser to the CIA and the Pentagon, has said the CIA and 16 of the country's intelligence agencies have been circulating a memo detailing the start of  25 year great depression.  The end of the US as the world's reserve currency and a $100 trillion bust (which I assume is referring to both assets and derivatives which stand at $480 trillion world wide).  Global anarchy to ensue.

These sources are not credible in my book. Also the CIA does not know when an economic crisis will occur as they are not in the business of predicting outcomes in economic markets.

This is nothing but FUD
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October 29, 2014, 10:19:43 AM
 #5

The bulk of this article relies on the misery index. This all attributes to both the inflation and unemployment rate. Considering that this index has no precedent of predicting anything in the past, then I see no reason to rely on it in the present. Besides, there are TONS and TONS of other factors to think about and not just inflation/unemployment.

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October 29, 2014, 10:40:24 AM
 #6

http://moneymorning.com/ext/articles/rickards/25-year-great-depression.php?iris=252778
http://pro.moneymappress.com/MMRBSSH47/PMMRQA29/?iris=252778&h=true


Jim Rickards, a senior adviser to the CIA and the Pentagon, has said the CIA and 16 of the country's intelligence agencies have been circulating a memo detailing the start of  25 year great depression.  The end of the US as the world's reserve currency and a $100 trillion bust (which I assume is referring to both assets and derivatives which stand at $480 trillion world wide).  Global anarchy to ensue.

These sources are not credible in my book. Also the CIA does not know when an economic crisis will occur as they are not in the business of predicting outcomes in economic markets.

This is nothing but FUD
No but they are in the business of predicting social upheaval and protecting business.

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October 29, 2014, 10:45:43 AM
 #7

These articles are crap and bait to sell you something. Rickards has been consulted by the CIA in the past but that's all. He's written a couple of books on the "impending financial collapse". While I believe we're going downhill fast, these websites you quoted are still trash and not worth discussing.

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October 29, 2014, 01:44:38 PM
 #8

That is ok, I am not from America.  Roll Eyes
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October 29, 2014, 04:22:20 PM
 #9

That is ok, I am not from America.  Roll Eyes

This will be reflected in other states also  Roll Eyes

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October 31, 2014, 08:19:12 PM
 #10

Global anarchy to ensue.

I don't think so. People aren't ready to give up their authority figures just yet.

This, most people I know want the gov to tie them up and keep them safe.  They always say "if you have nothing to hide you have nothing to fear!"  This is from "free" people.
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November 01, 2014, 10:17:46 AM
 #11

Well if you believe this forecast, Canada will have a greater GDP than USA
http://www.deagel.com/country/forecast.aspx
Looking at the population figures there are some shockers, big losses like us, uk, swiss, norway, sweden, australia........
Its the intranets anyone can publish some stats the like to see

Get used to it.
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November 01, 2014, 02:54:20 PM
 #12

'The CIA is predicting an economic collapse. The only way to protect yourself is to buy mah book!' -The article you posted*

*Not an exact quote.

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November 01, 2014, 05:50:06 PM
 #13

'The CIA is predicting an economic collapse. The only way to protect yourself is to buy mah book!' -The article you posted*

*Not an exact quote.
In other words the author of the article in the OP is really just trying to sell his book. Sounds like he is making a outrageous claim as a sales tactic 
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November 01, 2014, 06:43:20 PM
 #14

'The CIA is predicting an economic collapse. The only way to protect yourself is to buy mah book!' -The article you posted*

*Not an exact quote.
In other words the author of the article in the OP is really just trying to sell his book. Sounds like he is making a outrageous claim as a sales tactic 

That's certainly what it seems like to me. In no event is the source of the article trustworthy, but there are pitches to buy various items in the article. Just driving traffic by making outlandish claims and hope someone buys something.

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November 01, 2014, 06:49:12 PM
 #15

 Global anarchy to ensue.


Don't worry. Donetsk people will save you.

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