RED ALERT issued by Michael Snyder on his Economic Collapse blog

[JGeropoulas]

Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015
by Michael Snyder
EconomicCollapseBlog.com

He begins,

I have never done anything like this before. Ever since I started The Economic Collapse Blog in late 2009, I have never issued any kind of “red alert” for any specific period of time. As an attorney, I was trained to be level-headed and to only come to conclusions that were warranted by the evidence. So this is not something that I am doing lightly. Based on information that I have received, things that I have been told, and thousands of hours of research that have gone into the publication of more than 1,300 articles about our ongoing economic collapse, I have come to the conclusion that a major financial collapse is imminent. Therefore, I am issuing a RED ALERT for the last six months of 2015

He then shows several financial charts with formations exactly like those which preceded the 1929 Great Depression and the 2008 Crash.

He concludes by listing quotes from some famous financial gurus, who all agree that we'll soon face major economic upheavals. One said his elite friend has told him that “they have scheduled a World Wide Financial Collapse to occur between September and the end of December 2015“.

 

[Mr.Cyan]

Yeah, i read this as well a few days ago. I think the article is a good one referencing very salient points/data on the coming economic collapse. Like most following the situation objectively, he too can see the warning bells shrieking, and the situation primed pretty much for an implosion in the near future...

 

[Shared Joy]

Hi,

there is a recent video with M Snyder, about the same topic, but from the perspective of the "One World Economic System Is Here"

_https://www.youtube.com/watch?v=J1vocOKK-Oo (Moderator David Knight)

Subjects: transnational committees to represent countries, able to change legal documents at their will, able to changing public values, increased control in virtually any aspect of citizens' life, all is needed is a major national crises and anything can be changed.
Sorry, there is some commercial inserted.

Starting at minute 17 he talks about the Red Alert about the financial collapse in the coming six months, explaining all the signs pointing this way. He does this on basis of all his research. This is going to be a long shot, will not end this year, not will it be fixed easily.
They talk about some generational recurrent upheavals (about 4 years periods). Massive upheavals and revolution this way come. But also mentions the Shmita cycle end, also linked to big changes. So there are signs and cycles to be reckon with. He also mentions asteroid alerts debunked.
At the end there are some advises to get prepared (emergency finds, supplies, food stocking, becoming less depended from the system, home defense, financial preparation.
Joy

 

[Pierre]

Snyder is probably right. The question is not any more "will a collapse happen?" but "how will it unfold?"

 

[mabar]

Snyder is probably right. The question is not any more "will a collapse happen?" but "how will it unfold?"

And what would that mean for each country? and different levels of status of the people of each country?, I am from a country that had been having economic crisis since I remember, and the crisis had hit more or less depending of the level of the people. Newspapers tell us about Greece and that's why the peso lost value, in practical terms, for common people that means rise in prices of every kind, and not just from imported goods. Since the beginning of the year the peso had lost value, suppliers had increased their prices, mostly everyone, even though goods are fabricated here, BUT this is when globalization does not help, whatever product may contain imported raw material, even though final product is national, price goes up. Increases in salary do not go up by same proportion.

 

[miharo]

Michael Snyder: RED ALERT for the last 6 months of 2015

Astonishing accumulation of „occurrence lines“, each one running inexorably to its own tipping point.
The US/NATO aggression at the Russian border is even missing and published on June 25th 2015, Snyder could not consider the ramifications of the referendum in Greece, NYSE shut down, the grounding of the entire United Airlines fleet and the freezing of 72% of Chinese shares at the stock exchange today. What a madhouse!

http://theeconomiccollapseblog.com/archives/the-economic-collapse-blog-has-issued-a-red-alert-for-the-last-six-months-of-2015

 

[Shared Joy]

Re: Michael Snyder: RED ALERT for the last 6 months of 2015

Astonishing accumulation of „occurrence lines“, each one running inexorably to its own tipping point.
The US/NATO aggression at the Russian border is even missing and published on June 25th 2015, Snyder could not consider the ramifications of the referendum in Greece, NYSE shut down, the grounding of the entire United Airlines fleet and the freezing of 72% of Chinese shares at the stock exchange today. What a madhouse!

http://theeconomiccollapseblog.com/archives/the-economic-collapse-blog-has-issued-a-red-alert-for-the-last-six-months-of-2015

Hi,

here is a recent article about the above mentioned changes:

_http://theeconomiccollapseblog.com/archives/category/europe

European Stocks, Chinese Stocks And Commodities Are All Crashing – Are U.S. Stocks Next?

A global stock market crash has begun. European stocks are crashing, Chinese stocks are crashing, and commodities are crashing. And guess what? All of those things happened before U.S. stocks crashed in the fall of 2008 too. In so many ways, it seems like we are watching a replay of the financial crisis of 2008, but this time around the world is in far worse shape financially. Global debt levels are at an all-time high, the 75 trillion dollar global shadow banking system could implode at any time, and there are hundreds of trillions of dollars in derivatives that threaten to wipe out major banks all over the planet. The last major worldwide financial crash was almost seven years ago, and very little has been done since that time to prepare for the next one. If global markets do not calm down, we could see carnage in the months ahead that is absolutely unprecedented.
For months, European authorities have been promising us that a “Grexit” is already “priced in” to the markets and that any “contagion” from the Greek crisis will be “contained”. Of course everyone knew that was just a smokescreen. Just in the past couple of days since the Greek “no” vote, European stocks have already been crashing. The following comes from Zero Hedge… (better go to the link to see the charts)

Does this look contained to you?

Portugal, Spain, and Italy all collapsing…

European Stocks Crashing - Zero Hedge

As I mentioned at the top of this article, European stocks started crashing well before U.S. stocks started crashing during the last financial crisis. If you doubt this, just look at this chart, and this chart and this chart.

Will the same thing happen again this time?

And just like I have warned repeatedly, European bond yields have started to soar. When bond yields go up, bond prices go down, so many bond investors are losing a tremendous amount of money right now. Here is more from Zero Hedge…(better go to the link to see the charts)

Who’s next?

European bond risk is anything but “contained” as GGB 10Y Yields top 18%…

Eyes open!