The recent awareness of the West's public debt problem doesn't address the even more alarming levels of private debt, says Harry Dent.
Harry S Dent is a financial newsletter writer and author , who is also the founder of HS Dent Investment Management, an investment firm based in Tampa, Florida. Mr. Dent's latest book is The Great Crash Ahead. Other books include The Great Depression Ahead and The Next Great Bubble Boom.
Friday, June 28, 2013
Is A Major STOCK MARKET CRASH Coming?
Is A Major STOCK MARKET CRASH Coming? Dick Morris TV: Lunch ALERT! Dick Morris explains
2008 stock crash will be a small crash as to what is ahead. Its not about the stock market. This bubble is in Treasuries and the day the fed stops propping them up we're in real trouble. If you look at asset prices priced in gold you'll see no stockmarket bubble at all. America can no longer handle interest rates over 2-3% without risking total collapse (just do the math.) Our only options are default, deflate, or massive and immediate austerity.
LINDSEY WILLIAMS On The Coming Derivatives Crash 28 June 2013
Time Out: Lindsey Williams On The Coming Derivatives Crash (2013-06-28)
Time Out Productions presents former ARCO chaplain Lindsey Williams on the coming derivatives crash. * New Information *
Lindsey Williams received two emails recently from his elite warning about a Lehman Brothers like Crash happening in China that could mean global collapse.
Email #1:
'A large Chinese bank just last night ran out of liquidity and was bailed out by the government. Furthermore: "The seven-day repo rate, the benchmark rate for funding costs between banks, surged to 12.33% Thursday afternoon from the 8.26% rate at Wednesday's close. It had averaged around 3.30% this year before the liquidity crunch began at the end of last month." This is the same phenomenon that occurred globally in September 2008.'
Email #2:
'The U.S. market has DECLINED over the past month, the Japanese stock market has recently dropped 20%, the U.S. bond market sold-off, gold (GLD) is down 20% year-to-date (YTD), Chinese stocks (FXI) have fallen 19.69% YTD, emerging markets stocks (EEM) have depreciated 11.3% IN THE LAST MONTH, copper—a premiere asset considered to indicate growth or contraction, has contracted 18% YTD, etc... Investors should not ignore this massive deflation in global markets and assets.' Pastor Williams also spoke with his elite friend on Thursday 13th June 2013 and said "Some very significant things are happening in the Derivative market and with interest rate and gold, at this time." After pressing the issue he stated "As for gold -- J.P. Morgan announced yesterday that their vault gold has dropped by 28.4 % over night. Nations are demanding physical delivery. Within a month and a half JP Morgan estimates their vault will run out (Be empty) Other vaults are probably running out also. WHAT HAPPENS THEN? Startling when supply dries up. This has many of us very concerned. Be sure that everything you own is in your posession. Crash -- I don't know. Be ready for a public reaction. Interest rates are the greatest factor controling the Derivative market. This could be violent".
Please take warning, Pastor Williams said he doesn't know how far this will go, hope for the best but prepare for the worst.
Time Out Productions presents former ARCO chaplain Lindsey Williams on the coming derivatives crash. * New Information *
Lindsey Williams received two emails recently from his elite warning about a Lehman Brothers like Crash happening in China that could mean global collapse.
Email #1:
'A large Chinese bank just last night ran out of liquidity and was bailed out by the government. Furthermore: "The seven-day repo rate, the benchmark rate for funding costs between banks, surged to 12.33% Thursday afternoon from the 8.26% rate at Wednesday's close. It had averaged around 3.30% this year before the liquidity crunch began at the end of last month." This is the same phenomenon that occurred globally in September 2008.'
Email #2:
'The U.S. market has DECLINED over the past month, the Japanese stock market has recently dropped 20%, the U.S. bond market sold-off, gold (GLD) is down 20% year-to-date (YTD), Chinese stocks (FXI) have fallen 19.69% YTD, emerging markets stocks (EEM) have depreciated 11.3% IN THE LAST MONTH, copper—a premiere asset considered to indicate growth or contraction, has contracted 18% YTD, etc... Investors should not ignore this massive deflation in global markets and assets.' Pastor Williams also spoke with his elite friend on Thursday 13th June 2013 and said "Some very significant things are happening in the Derivative market and with interest rate and gold, at this time." After pressing the issue he stated "As for gold -- J.P. Morgan announced yesterday that their vault gold has dropped by 28.4 % over night. Nations are demanding physical delivery. Within a month and a half JP Morgan estimates their vault will run out (Be empty) Other vaults are probably running out also. WHAT HAPPENS THEN? Startling when supply dries up. This has many of us very concerned. Be sure that everything you own is in your posession. Crash -- I don't know. Be ready for a public reaction. Interest rates are the greatest factor controling the Derivative market. This could be violent".
Please take warning, Pastor Williams said he doesn't know how far this will go, hope for the best but prepare for the worst.
Vatican Monsignor Arrested Smuggling $26 Million In Cash In Private Jet
June 28, 2013 BBC News
A Vatican cleric and two other people were arrested Friday by Italian police for allegedly trying to smuggle 20 million euros ($26 million) in cash into the country from Switzerland by private jet. It's the latest scandal to hit the Holy See and broadens an Italian probe into its secretive bank.
Monsignor Nunzio Scarano, already under investigation in a purported money-laundering plot involving the Vatican bank, is accused of corruption and slander and was being held at a Rome prison, prosecutor Nello Rossi told reporters.
Scarano's arrest came just two days after Pope Francis created a commission of inquiry into the Vatican bank to get to the bottom of the problems that have plagued it for decades and contributed to the impression that it's an unregulated, offshore tax haven.
http://www.oregonlive.com/today/index.ssf/2013/06/vatican_monsignor_arrested_in.html
A Vatican cleric and two other people were arrested Friday by Italian police for allegedly trying to smuggle 20 million euros ($26 million) in cash into the country from Switzerland by private jet. It's the latest scandal to hit the Holy See and broadens an Italian probe into its secretive bank.
Monsignor Nunzio Scarano, already under investigation in a purported money-laundering plot involving the Vatican bank, is accused of corruption and slander and was being held at a Rome prison, prosecutor Nello Rossi told reporters.
Scarano's arrest came just two days after Pope Francis created a commission of inquiry into the Vatican bank to get to the bottom of the problems that have plagued it for decades and contributed to the impression that it's an unregulated, offshore tax haven.
http://www.oregonlive.com/today/index.ssf/2013/06/vatican_monsignor_arrested_in.html
MICHAEL RIVERO ~ The US Government Preparing another Staged Event
What Really Happened Radio Show: Michael Rivero Friday, Jun 28 2013: (Commercial Free Video)
Date: 06/28/2013
Michael Rivero is the webmaster of http://whatreallyhappened.com/ and host of the What Really Happened radio shows on the Republic Broadcasting Network. Formerly with NASA, Michael transitioned his image processing skills (along with a brief stint as an actor) into the then-new motion picture computer animation field and has worked on films such as "Star Trek", "The Day After Tomorrow", and has supervised visual effects on "Brainscan," "LOST", and "Hawaii Five-0." Michael has taken a sabbatical from film work to focus all his efforts on peace activism. Michaels foray into blogging began before the word was even invented, and happened almost by accident when he spotted a suspicious photograph being broadcast on ABC news in 1994 related to the death of White House deputy Council Vincent Foster. Since that sudden beginning, Michaels website has expanded to cover diverse topics including the JFK assassination, the accidental shoot-down of TWA 800, election fraud, health issues, Saddams non-existent nuclear weapons, 9-11, the economy, and of course, the lies used to trick the United States into wars of conquest on Afghanistan, Iraq, and now Iran. Michael resides in Hawaii with his wife Claire, who is a composer and creates much of theme music used on the What Really Happened radio show.
URGENT RED ALERT - Russia Ready To Bomb Saudi & Qatar For Funding Terrorism
Saudi Arabia funds terrorists in Syria: Russia
http://www.presstv.ir/detail/2013/06/...
Russia threatens to bomb Qatar and Saudi Arabia
http://www.kavkazcenter.com/eng/conte... Russia says Saudi Arabia and some other Persian Gulf Arab states are supporting "international terrorists and extremists" fighting against the government of Syrian President Bashar al-Assad.
On Thursday, the Russian Foreign Ministry issued a statement, responding to the accusations that Saudi Foreign Minister Prince Saud al-Faisal had previously leveled against Russia.
"Of course, we are not going to justify ourselves before anyone. Our fundamental position on Syria is well known," the statement said."At the same time, a number of capitals, including Riyadh, unfortunately are not ashamed of employing all sorts of methods and contacts, including by financing and arming international terrorists and extremists," the statement added, calling for an end to “such actions.”
The Saudi foreign minister accused Russia of being responsible for the crisis in Syria because of providing the Syrian government with military support.
RUSH LIMBAUGH Annoyed at Piers Morgan Using Old Crossfire Clip to Promote Renewal of Series
Rush Limbaugh 6/28/13 - Rush Limbaugh is not looking forward to CNN's new version of Crossfire. The radio host took particular offense to the fact that the network appears to be "promoting" the new show by using archived footage of Limbaugh sparring with former Crossfire host Michael Kinsley all the way back in 1990. Piers Morgan played the 23-year-old clip on his show Wednesday night before inviting the four new Crossfire co-hosts--S.E. Cupp, Van Jones, Newt Gingrich, and Stephanie Cutter--to have their first on-air debate over gay marriage and the Texas abortion filibuster.
On his show today, Limbaugh played a clip of Morgan pointing out the "younger Rush Limbaugh" on the original version of the show. Though he notably cut the CNN audio off before Morgan made his next statement: "Tonight the great news is that he's not back on Crossfire. He's too old and too boring."
"Of course, I have nothing to do with it but there they are using me," Limbaugh said of CNN. Though he left out the more damning part of what Morgan said about him, he still referred to the CNN host as "tired and worn out."
"Anyway, I've got nothing to do with the program," Limbaugh continued, "but it's just the case that every network uses me to sell their warmed-over shows that nobody wants to watch." Pointing out the fact that every other cable news show has become more like the original Crossfire since it went off the air in 2005, he added, "You can see Crossfire every night, day, whatever, on any cable TV channel."
The Alex Jones Show - Gerald Celente, Ben Fuchs - Friday, June 28, 2013 (Full Show)
The Alex Jones Show - Friday, June 28, 2013 (Full Show): Gerald Celente, Ben Fuchs
Friday: The Alex Jones Show. Ben Fuchs Schools Us On Estrogen Mimickers. Plus, Gerald Celente on All Things In The Global Forecast of American Revolution:
On this explosive Friday, June 28 edition of the Alex Jones Show, Alex exposes the joke of gun control after a nanny cam captured the brutal beating of unarmed New Jersey woman. Authorities have now begun the mass purging of the First Amendment by labeling Americans' sarcastic comments as "terrorist threats." A Texas teenager has been behind bars since March after a Canadian woman phoned police over a crude joke he made in an on-line game. The cyber-industrial complex is already well on its way in the purging of the Fourth Amendment, labeling the domestic spy grid as "national security." Gerald Celente, financial forecaster and publisher of The Trends Journal, joins Alex in studio to discuss the implications of this privacy-killing industry, spending over $80 billion a year and employing over 835,000 contractors.
LINDSEY WILLIAMS Reveals the ELITE Plans for 2013 and beyond
Lindsey Williams on the Jeff Rense Program Jun 28, 2013 - Insider Globalist Plans Revealed
Lindsey Williams received two emails recently from his elite warning about a Lehman Brothers like Crash happening in China that could mean global collapse.
Email #1:
'A large Chinese bank just last night ran out of liquidity and was bailed out by the government. Furthermore: "The seven-day repo rate, the benchmark rate for funding costs between banks, surged to 12.33% Thursday afternoon from the 8.26% rate at Wednesday's close. It had averaged around 3.30% this year before the liquidity crunch began at the end of last month." This is the same phenomenon that occurred globally in September 2008.'
Email #2:
'The U.S. market has DECLINED over the past month, the Japanese stock market has recently dropped 20%, the U.S. bond market sold-off, gold (GLD) is down 20% year-to-date (YTD), Chinese stocks (FXI) have fallen 19.69% YTD, emerging markets stocks (EEM) have depreciated 11.3% IN THE LAST MONTH, copper—a premiere asset considered to indicate growth or contraction, has contracted 18% YTD, etc... Investors should not ignore this massive deflation in global markets and assets.' Pastor Williams also spoke with his elite friend on Thursday 13th June 2013 and said "Some very significant things are happening in the Derivative market and with interest rate and gold, at this time." After pressing the issue he stated "As for gold -- J.P. Morgan announced yesterday that their vault gold has dropped by 28.4 % over night. Nations are demanding physical delivery. Within a month and a half JP Morgan estimates their vault will run out (Be empty) Other vaults are probably running out also. WHAT HAPPENS THEN? Startling when supply dries up. This has many of us very concerned. Be sure that everything you own is in your posession. Crash -- I don't know. Be ready for a public reaction. Interest rates are the greatest factor controling the Derivative market. This could be violent".
Please take warning, Pastor Williams said he doesn't know how far this will go, hope for the best but prepare for the worst.
Lindsey Williams received two emails recently from his elite warning about a Lehman Brothers like Crash happening in China that could mean global collapse.
Email #1:
'A large Chinese bank just last night ran out of liquidity and was bailed out by the government. Furthermore: "The seven-day repo rate, the benchmark rate for funding costs between banks, surged to 12.33% Thursday afternoon from the 8.26% rate at Wednesday's close. It had averaged around 3.30% this year before the liquidity crunch began at the end of last month." This is the same phenomenon that occurred globally in September 2008.'
Email #2:
'The U.S. market has DECLINED over the past month, the Japanese stock market has recently dropped 20%, the U.S. bond market sold-off, gold (GLD) is down 20% year-to-date (YTD), Chinese stocks (FXI) have fallen 19.69% YTD, emerging markets stocks (EEM) have depreciated 11.3% IN THE LAST MONTH, copper—a premiere asset considered to indicate growth or contraction, has contracted 18% YTD, etc... Investors should not ignore this massive deflation in global markets and assets.' Pastor Williams also spoke with his elite friend on Thursday 13th June 2013 and said "Some very significant things are happening in the Derivative market and with interest rate and gold, at this time." After pressing the issue he stated "As for gold -- J.P. Morgan announced yesterday that their vault gold has dropped by 28.4 % over night. Nations are demanding physical delivery. Within a month and a half JP Morgan estimates their vault will run out (Be empty) Other vaults are probably running out also. WHAT HAPPENS THEN? Startling when supply dries up. This has many of us very concerned. Be sure that everything you own is in your posession. Crash -- I don't know. Be ready for a public reaction. Interest rates are the greatest factor controling the Derivative market. This could be violent".
Please take warning, Pastor Williams said he doesn't know how far this will go, hope for the best but prepare for the worst.
How Agenda 21 Creates Neo Feudalism Melissa Melton & Aaron Dykes on Freedom Link Radio
Truthstream Media's Aaron Dykes and Melissa Melton appear on Unbound Radio.com's Freedom Link with Joe Joseph on the June 26, 2013 program to discuss the attacks on journalism, America's continuum of FEMA camps, Agenda 21's wide grip on the nation and the pace of technology, and its potential both to enslave and, conversely to free humanity.
Allowance for the use of short news clips used reasonably falls under the "fair use" doctrine. Under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, and research.
News of Mass Internet Spying Explains NSA Whistleblower Resignation, Ashcroft Hospital Room Showdown
The latest disclosures from NSA documents leaked by Edward Snowden to The Guardian show the U.S. government collected bulk "metadata" on the emails of millions of Americans for about 10 years. Under a program that fell under the overall NSA domestic surveillance operation known as "Stellar Wind," the government swept up information including email accounts and IP addresses, but not the contents of the messages themselves. The Obama administration continued the effort after taking office before shutting it down in 2011. The disclosures confirm the claims of William Binney, the career NSA official turned whistleblower. Binney has said the NSA took an electronic surveillance program he developed, ThinThread, and used it to conduct mass surveillance on a national scale.
BILL BLACK ~ We Should Reinstate reinstate Glass-Steagall Act
Three former financial regulators testify to the House Financial Services Committee in support of reinstating Glass-Steagall legislation and addressing Too Big to Fail Banks.
Bill Black is a former bank regulator who played a central role in prosecuting the corruption responsible for the S&L crisis of the late 1980s. He is one of America's top experts on financial fraud. And he laments that the US has descended into a type of crony capitalism that makes continued fraud a virtual certainty - while increasingly neutering the safeguards intended to prevent and punish such abuse.
In this extensive interview, Bill explains why financial fraud is the most damaging type of fraud and also the hardest to prosecute. He also details how, through crony capitalism, it has become much more prevalent in our markets and political system.
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry William K. Black
Bill Black is a former bank regulator who played a central role in prosecuting the corruption responsible for the S&L crisis of the late 1980s. He is one of America's top experts on financial fraud. And he laments that the US has descended into a type of crony capitalism that makes continued fraud a virtual certainty - while increasingly neutering the safeguards intended to prevent and punish such abuse.
In this extensive interview, Bill explains why financial fraud is the most damaging type of fraud and also the hardest to prosecute. He also details how, through crony capitalism, it has become much more prevalent in our markets and political system.
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry William K. Black
White House Draws List of Bernanke Replacements
The Obama administration is assembling a short list of candidates for the Federal Reserve chairmanship, in the expectation that Ben Bernanke won't seek reappointment when his second term ends in January. Jon Hilsenrath reports.
Who killed Michael Hastings?
Michael Hastings was an award-winning journalist, a best-selling author and a thorn in the side of the authorities. His article titled General on the Run ended the career of General Stanley McChrystal, the former chief of international forces in Afghanistan. On 18th June he was killed in car crash hours after emailing his colleagues at Buzzfeed to say he was being investigated by the FBI and was onto a big story. There are now a huge number of questions over his death that people want answered.
LINDA MOULTON HOWE ~ NSA Surveillance - Coast to Coast Am June 27 2013
Surveillance, Crazy Ants, CO2, & Unexplained Booms - June 27 2013 - Coast to Coast Am - Linda M Howe
C2CAM Date: 06-27-13
George Noory interviews John Hogue & Linda Moulton Howe.
About the show:
Investigative reporter Linda Moulton Howe discussed the NSA's dragnet collection of phone and computer records, concern over the Crazy Ant invasion, the increase of CO2 emissions and changes in the jet stream, and the continuing unexplained boom phenomenon. In her first report, she spoke with Patrick Toomey of the ACLU, which is preparing a lawsuit against various intelligence agency defendants. "It's a shame that the United States which fashions itself and believes itself to be really a pillar of liberty for the whole world, that we seem to be the first society exercising this ability to capture and compile and store the records of every communication or phone call that Americans make," Toomey lamented. He added that even if we put our faith in our current government, there is risk that eventually citizens' information will be used in ways that are inconsistent with democratic values and government accountability. More here.
The "crazy ant," so named because it doesn't travel in straight lines, has spread from Texas to Louisiana, Mississippi and Florida challenging pest removal companies, authorities and homeowners who have literally been overrun in some cases. The ants forage together in the millions and devour so many insects that bird populations are being driven elsewhere to look for food. She interviewed entomologist Prof. Robert Puckett who said the density of the ants can become overwhelming. "I've seen infestations where there were loads and loads of ants crawling around inside the house...I've literally seen trash bags full of ants," he remarked. The crazy ants which are strangely attracted to electrical wiring and components (and have caused much damage), are not easily eradicated, and states may have to develop quarantine procedures, said Puckett. Further info.
In her third report, Linda detailed how CO2 emissions jumped 1.4% in 2012 alone, largely from Chinese industries. Now the U.K.'s University of Sheffield reports new data that "unusual changes in the jet stream circulation caused exceptional surface melt of the Greenland Ice Sheet in summer 2012 - a record for at least the last 50 years." Further, updated computer models project our planet is likely to warm by 6.5 to 9.5 degrees Fahrenheit by the end of the century - doubling the original projections made just ten years ago. She interviewed Prof. Edward Hanna with the Univ. of Sheffield, who said because of these conditions, we'll see an increase in extreme weather. More.
Updating her investigation into the unexplained boom phenomenon, she talked with John Nyberg, a retired USAF Captain, who heard a loud explosive sound on June 10th and again on June 21st in Jamestown, North Dakota. According to the anonymous geophysicist she's been communicating with for the past couple of months, Earth core changes are the cause of the mysterious booms, light flashes and even increasing sinkholes since 2011. She spoke with Stanford University geophysicist Arianna Gleason, who explained what is known about the still-mysterious Earth's inner cores. Further info.
Prophecy Update
First hour guest, prophecy expert John Hogue shared an update on his predictions. Back in April, he noted that 2013 was the 'Year of the Snake,' and the Obama administration would face major scandals, and now we're seeing that come to pass with the NSA spying revelations coming out. Looking toward 2016, he foresees the Republicans taking back the White House, with possibly Jeb Bush making a run. In terms of the environment, he cited an "invisible" supervolcano in the Arctic as pumping massive amounts of methane into the environment, along with the effects of increased fracking, which will lead to a cataclysmic "climate cascade" by 2017-18.
News segment guests: Lauren Weinstein, Jeff Nelken
JOHN STOSSEL ~ IRS Selective Targeting
In recent years, we have witnessed arrogant exploitation of power by the Department of Interior and the EPA as they push their political agendas. And now we've found out that the most feared government agency of all, the IRS, has engaged in direct partisan activity by selectively targeting private citizens who speak out for liberty, constitutional government, or free enterprise. The framers of our Constitution would not be surprised that government agencies, left unchecked, could use their powers for castigation and harassment. Of all government agencies, the IRS needs extraordinary oversight because of how it is uniquely empowered with the capacity to single out individuals for punishment.
GLOBAL ECONOMY TO COLLAPSE - CHINA STOCK MARKET IN MELTDOWN
China's stock market has been undergoing something of a meltdown in recent days. The situation has been triggered by the Central Bank's tightening of credit in an effort to reign in excessive lending.
GLOBAL ECONOMY TO COLLAPSE - CHINA STOCK MARKET IN MELTDOWN
From Wall street, to the US economy, financial updates, gold price, global finance, Gerald Celente, Max Keiser and the credit crunch in europe, please subscribe.
The world's economy is in financial crisis - this is no secret. However, with the China stock market set to collapse- it has taken a new twist.
Land of the Blind - The Illusion of Freedom in America
John Whitehead has written books about the current state of America and he knows where we are and where we are headed. The prognosis, is not good! A small group wants totalitarian control over the masses. Will they get it? It depends upon the herd. We can awaken and turn on the cowboys or be driven off to the slaughterhouses. This is the turning point, in human history. I'm sure that the masses will not awaken and do what's necessary. The small group are smart and organized and the herd isn't even aware that their reality is being dictated to them and nothing they have been told is truthful. The public is Public Enemy Number One, accused of being terrorists, while the real terrorists are the accusers. It's much like a cheating husband who accuses the wife of cheating. The TSA humiliates the airline passenger and takes whatever belongings the TSA agent wants and at the end of the day, the TSA agents are enriched, like highwaymen who fleeced passengers on the old coach roads and the airline passenger is conditioned for slavery and mind control. Who is going to protest, when the government has the guns and the force? The only way out is secession and it must be given careful consideration. You won't have long to take action. The last nail is being driven into the coffin of freedom!
A Government of Wolves: The Emerging American Police State John Whitehead
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