“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.
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
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.
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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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