Here are the reasons to understand the steps that lead to the depression dungeon – he who has ears, let him hear
1-SHIFT AWAY from a USDollar denominated world.
2-Money creation without wealth creation, and credit growth, colossal irresponsibility of major central banks.
3-The last, desperate attempt by the US Federal Reserve to be the global bank and its international rejection along with insolvency of lesser banks including Saudi banks which are beginning to topple as they traded their natural resource (oil) for worth-less paper.
4-Ruined global monetary system from the complete corruption of money itself.
5-Coerced USTreasury Bond by acceptance of Wall Street corruption and past bond fraud and debt rating agency collusion without prosecution.
6-Proliferation of OTC derivatives over $1 quadrillion in value with no prospect of resolution, no hope of regulation, and deep corruption.
7-Recognition of a financial syndicate having taken control of the USGovt finance realm, that involves privileged official channels of funds and widespread bond counterfeiting
8– Dishonor of financial contract law, convenient lapses in financial market integrity, and constant manipulation in those financial markets.
9-Expectation of colossal price inflation just over the horizon due to lotsa paper currency and no new production.
10-Bank system meltdown in the United States and United Kingdom, likely to result in bank holidays and closings, useful for a forced Bank Consolidation.
11-Ongoing economic disintegration and the decline of global trade due to isolation, organized labor demands, more unemployment.
12-Trend toward commodity stockpiles, of which gold is the financial commodity element and crude oil is the industrial commodity core element.
13-Many pockets of armed conflict, military war, and possible nuclear events, as chaos spreads and nations desperately exploit the confusion.