I realise posting this, HERE is preaching to the choir. Many in the U.S. Intelligence Community warn a 25-year Great Depression is unavoidable.---Jim Rickards, the Financial Threat and Asymmetric Warfare Advisor for both the Pentagon and CIA, is among them. But he fears these warnings are being ignored by our political leaders and the Federal Reserve. ---Rickards says that what the U.S. government doesn’t understand is were on the verge of entering the darkest economic period in our nations history.---The above is footage of an exclusive interview with Rickards detailing everything he’s uncovered. Money Morning wants you to see this urgent presentation because the impending economic collapse could begin within the next six months. Which is why every American should hear Rickards’ warnings today. ---“There are a lot of signals out there and theyre very, very troubling…If you compare whats going on today to what happened in the late 1920s just prior to the Great Depression, theres a very striking resemblance,” says Rickards.---“A 25-year depression may sound extreme, but historically it’s not,” Rickards says. “We had a 30-year depression in the United States from about 1870 to 1900. Economists actually call it the Long Depression. That was before the Great Depression. The Great Depression lasted from 1929 to 1940, so that was quite long.”---Later in the interview, elaborating on sections from his new book “The Death of Money,” Rickards reveals 5 catalysts, or flashpoints, that will inevitably set America and the rest of the world into extended economic turmoil. ---Widely valued as an authority on U.S. economics, Rickards exposes the most important issues plaguing our country today. ---Fact after fact, Jim Rickards builds an airtight case on how the actions of the U.S. Federal Reserve and the International Monetary Fund will cause a coming 25-year depression. ---Money Morning believes the above interview with Jim Rickards to be one of the most important presentations to watch today. youtube/watch?v=KYW5OGWfqJc
Posted on: Thu, 25 Sep 2014 15:52:10 +0000
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