muses of the moment

June 25, 2013

Warning from Jim Sinclair

Must read! He refers to GEAB and latest LEAP 2020, click here.

–  end 2013, financial impact: collapse of financial markets especially in the US and Japan. Banks can no longer be saved by States and bail-ins are put in place;

–  end 2013-2014, spreading to the real economy: the financial impasse causes/reveals a major world recession and the reduction of international trade;

–  2014, social impact: the economic deterioration causes unemployment to explode, in the United States the dollar’s decline lowers the standard of living, riots mushroom everywhere;

–  2014, political crisis: the governments of the most affected countries are under fire for their handling of the crisis, forced resignations and early elections are expected, if not coups;

–  2014-2015, international management of the crisis: together Euroland and the BRICS impose a new international monetary system and lay down the bases of a new global governance;

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