August 19th, 2012
(HigginsBlog) – Glenn Beck outlines expert statements to make the case governments world wide a headed straight into bankruptcy and global hyperinflation.
Glenn Beck outlines how the current stalled global economy is nothing short of a global depression and the sovereign debt defaults in Europe are only the first dominoes to fall and will eventually spread to Japan, China and eventually the UK and the United States.
As the bankruptcy spreads from nation to nation the system will be ‘reset’ with global coordinate currency devaluation, aka global hyperinflation being the only end-game scenario.
Beck cites a reporter from a Goldman Exec and Hedge Fund manager to make his claims.
During the course of his report interweaves the recurrent themes from his personal world view that this is a designed collapse being perpetrated by those who will be able to make the rules for the ‘new system’ once the ‘reset button’ is hit on the current system
Unstoppable Economic Collapse is Imminent the world has no engine of growth most of the G20 countries have reached a stalled growth , the only engine of growth in the United States is the stimulus package. The bankers have finally gotten their day. They have removed all competitors to their fiat currencies that surround the world. As the US prints more, so will other countries. Other countries are forced to devalue their currencies in order to compete with our cheap currency, goods, and services. It’s a race to the bottom. Eventually, all currencies will be merged into one world currency. This is the central bankers ultimate goal, but a very difficult one to achieve to say the least. Start buying gold and silver, and when the crash comes, those who live in big cities GET THE OUT!! you don’t want to be in the middle of riots people killing each other over rations, go into the country side and wait it out.
Of course, claiming Soros or another individual is coordinating a complete collapse of the system can be relegated to nothing more than speculation.
However, to the overwhelming majority of the people who and why doesn’t matter as much as how and when.
Source: Higgins Blog