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Pictures of Protests: Debt, Civil Unrests and the Future of The West

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“When the money stops flowing down to the man in the street, the blood starts flowing in the streets.” – Gerald Celente

Here is the first picture (widely distributed) of an American with a bloody face after a direct confrontation between protesting civilians and the US Police in riot gears. This is a POWERFUL picture that will stay in people’s minds for a long period of time to come…Because this is the FIRST picture, with BLOOD on the face that is ANGRY and filled with AGONY resulting from economic decay of a country. This is an image of a future Superpower that is declining into an abyss. The Tomorrow (that I and many others have been warning about for years) HAS ARRIVED. Welcome to the future!

Folks, better get used to seeing these pictures because the future of several countries will be filled with these. This is an image of Economic Riots that will continue to spread all over the GLOBE.

Right now, we are watching the early rounds of civilian unrests that will engulf America and several other countries. There will be rare exceptions where civil unrest will not spread.

Let me read the writing on the wall for you – THE MOUNTAIN OF DEBT OVER the HEAD OF MANY COUNTRIES IS NOT GOING TO MELT AWAY. Tick..Tick..Tick…The Debt bomb is ticking. It will consume many societies in the future. Gold will reach anything between $6,000 to $10,000 per OZ (Rs. 1 Lakh to 2 Lakh per 10 GM in India). Silver will rise to unimaginable heights. Somewhere in the range of $300 to $500 per OZ (Rs. 2 Lakh to 5 Lakh per KG inIndia.) Eventually, the better tomorrow will arrive…only after the system is rebooted…after a mammoth destruction in many countries.  The new Economic Era will be born. It is nothing new. It has happened in the past, why should it be different this time around. Unfortunately it will happen on a much bigger scale this time around.

Below are some pictures from America (where the crisis has yet to show its face) to Europe (where the EU is in grave danger of disintegration as you read this).

Initial stages of Protests in America

America: Police facing the Protesters

America: Protesters facing Police

American Police beating the protesters

Milan, Italy Financial Crisis protests

Milan, Italy: Police fight with protestors

Greece: Protest man sets himself on fire

Greece protests and burnings

Romania public television employee jumps off the Parliament hall balcony to protest at the government austerity drive

 

Building in London Burning During Riots  Aug 2011

Buidning burning in London riots Aug 2011: Eyewitnesses who saw the above were quoted as saying that it reminded them of London during World War II.

Tunis protestor Immolation

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All the above images are of people paying for the Debt of the country they live in.

9 months back the protests at Tahrir Square, Egypt were hailed as “Democratic Revolution”, “Arab spring” and what not. Now, read this current news (updated Nov 22, 2011) “Egypt protests: A million man march in Tahrir Square?“. Revolutions happen once in several decades. The Egypt “Democratic Revolution” is back within a year?  People are protesting and getting killed in Tahrir Square one more time. Do people have any idea why this is happening..at so many cities and countries in the world?

Here is what I said in my recent post (still fresh from the oven): “Stupid are those that feel all these GLOBAL protests are about democracy or about throwing the dictators. There is nothing democratic nor political about these protests – From Tunisia, Egypt, Bahrain, Yemen, Syria, Morocco, Greece, Italy to various cities in the USA. Protests and riots have reached to 1700 cities and 80 countries WORLDWIDE. These are clear signs of THE ECONOMIC RIOTS of the future that are staring at us. Unfortunately the fools of Cambridge and Harvard do not get it…nor will they ever until it happens.”

Let me repeat what I have said many times – All debts do matter and all debts get paid all the times. There is no such thing as an “unpaid” debt. It is paid either by the buyer or the seller. Unfortunately, in case of Governments it is always the buyer (and ultimately the Citizens) that pays the debt in the end. Adams Smith warned in a book ‘Wealth of Nations’ in 1976 that no Govt has ever paid back its debt and stopped borrowing ever! This has been the course of public debt since the first default in 1788 BC (notice the two characters ‘BC’). Governments will continue to apply the only remedy they know to fix the financial problems, which is issuing debt that will never ever be repaid with normal money. Every Govt has defaulted in the history of the mankind. Why should it be different this time around?

The western world is drowning in an ocean of debt unlike anything the world has ever seen before. The massive debt bubble created by the monetary system is about to burst. In the end, the house of cards built on a foundation of sand is going to come crashing down.

It will be YOU and YOUR kids (me and mine too) that will be paying for the mountain of DEBT of your country (which ever country it may be, there are not many exceptions.) All the Debts must be paid and they will get Paid. No exceptions. System of FIAT money MUST Collapse and It WILL!!

“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves” – Norm Franz, Money and Wealth in the New Millenium

Take care and prepare if you can!! People can IGNORE the reality, but NO ONE can ignore the consequences of IGNORING the reality!!!

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Why do I write all this? I just want to make, all those interested, aware about where we as a society are heading, so that they can protect their future generations to a possible extent. It is going to be very very ugly before it will be better. In my view, our children's world is going to be entirely different than what we have seen. We have already consumed the resources of our future generations. What we have left for them is an empty bag and the consequences of our actions (without the knowledge that it is us who are responsible for the mess our children will be in) ...while I write this I also wish that I am absolutely wrong...and our future generations will live in a better world than ours. DISCLAIMER: All the content of my blogs is presented for educational and/or informational purposes only. Under no circumstances should it be mistaken for professional investment advice, nor is it intended to be taken as such.


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2 Responses to "Pictures of Protests: Debt, Civil Unrests and the Future of The West"

  1. Burr Glarr says:

    Has anyone noticed that India is winning the race to the bottom against the US? Even as the US sinks, the Indian rupee has sunk below 1/52 of a dollar!
    Any comments, Mr. Joshi? Should we all take lessons in Mandarin or Arabic so we can apply for jobs as chaprassis to the new rulers of the world?

  2. M Joshi says:

    To – Burr Glarr says: November 21, 2011 at 9:35 PM

    The Indian Rupee has lost more than 14 percent of its value this year, making it the worst performing currency in Asia. The second-worst is the Thai baht, which has dropped only 3.5 percent. Some analysts are forecasting that the currency will slip to as low as 55 against the dollar.
    .
    The fact of the life is: Almost all currencies are racing with each other TO THE BOTTOM. For last 100 years all countries have done only one thing to solve issues – Throwing (Printing) money at the problem. It created artificial prosperity that everyone believed was the new economic model by the West.
    .
    The day of reckoning is approaching closer. The longer they kick the can down the road (by more printing) the bigger the Crash will be. I wish the crash happens early where most of the largest banks of the World IMPLODE (so that it will be less painful than the one that occurs at the later stage)
    .
    My feeling: We are very close to the point may be a year or two…but don’t underestimate abilities of the Central banks to extend it further..Who knows they may take it thru 2025..no one can really tell.
    .
    Later the collapse, harder the pains. People should preserve their capital…Things will be dam cheap when the system implodes. Better tomorrow will arrive after this implosion. People should buy things at the bottom (end of the implosion). BUT IN CASE THE HYPERINFLATION HITS BEFORE THAT ALL BEST ARE OFF. You will see people with billions in their account and will still be hungry. (I hope to write one blog on this topic.) Its hard to tell which way its all going. But its not going to be nice for sure.
    .
    India is no exception. Unfortunately Indians have lost their ability to revolt. There are only two categories of people 1) those who accept the pains as their Karma and continue to take the pains 2) those who take to crime and corruption because they cant take the pains any more.
    .
    Unfortunately, the Indian society has lost the WILL or ABILITY to change. Looks like they will continue the path downwards.
    .
    Wishing the best outcome (less pains) of the circus that is going on for several decade. I can only wish.
    .
    Thanks
    M Joshi

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