Global Collapse Time Bomb:
A Financial and Social Cataclysm
is in the Making
June 14, 2014 [...]
A cataclysmic global financial and social collapse is in the making and its concrete signs and premises are obvious, but not many of us are aware...
The crisis that had ignited in 2008 hasn't been overcome. In fact, the situation is worsening.
Source: © iStock.com/Bet_Noire
Concrete facts are evidence pointing out to a developing collapse. The process is gradual, but not obvious to most people.
Certainly, besides the financial and economic factors, there are social ones as well - both constitute strong signals to watch.
Prime Values will give you an overview of what is developing. No need to get terrified, this is not an apocalyptic scare, but a purely economic and social analysis.
If a major financial collapse happens, then a severe social crisis will ignite.
This has happened before during "The Great Depression" in the 1920's and 1930's. But, if a similar scenario unfolds now, it will most likely be far more severe.
In order to understand the global tendencies, one has to understand the regional and global economic developments as well.
This is a factual analysis that will help you better understand the signs and possible consequences in order to be able to preserve your wealth.
Before going into the details, it has to be underlined that this analysis is based on a collection of facts and possible scenarios - the materials are not intended to induce fear, whatsoever...
Watch the following signs and the developments surrounding them. You'll be able to better comprehend what's unveiling in front of our eyes:
The petrodollar system is the main strength behind the US dollar.
Should a significant amount of oil purchase made in any other currency than the dollar, the US currency will weaken substantially and probably even lose its reserve currency statues.
Once the symbol of the US car industry, Detroit has become a run-down slumish bankrupt city that can't even afford to sustain itself.
This "Detroit syndrome" could happen to many other developed cities of the World.
Following the 2008 crisis' outbreak, Greece was Europe's most hard-hit economy and the effects severely propagated into the social sphere.
Unfortunately, this is another negative example of what could happen elsewhere...
In mid-2013, Cyprus has heavily taxed bank account savings at the request of the IMF, after instituting a bank holiday.
Many have called this a precedent for wealth taxation.
Could this happen in your country?
The United States, the European Union and Japan have all resorted to this risky method for creating liquidity and even for coping with deflation.
The obvious result is inflation, but if it gets out of hand, it could go hyper-!
Chinese GDP growth has been slowing down. "The World's growth engine" has an export-focused production economy and if a recession hits the Asian giant, the entire World will suffer tremendously.
the Coming of a New Financial System?
Bitcoin, Litecoin, Namecoin, Dogecoin, Novacoin and there are hundreds more...
Could the cryptocurrencies be the premises of a new financial system?
Not just because of the current crisis, but for other reasons as well - more and more sub-national regions, even cities and smaller communities are encouraging the use of local currencies.
We are witnessing a series of financial wars, trade wars between rival countries and rival groups of states.
Politically or natural resource-motivated, the reasons are various and the consequences might be devastating.
Conflicts igniting because of energy resources and conflicts that affect the flow of resources are on the rise. Of course, most of these conflicts are oil and natural gas-related.
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