5 Highly Respected Financial Experts That Are Warning That A Market Crash Is Imminent

Michael Snyder – May 29, 2017

If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown?  I don’t think that I have seen so many simultaneous warnings about a market crash since just before the great financial crisis of 2008.  And at this point, you would have to be quite blind not to see that stocks are absurdly overvalued and that a correction is going to happen at some point.  And when stocks do start crashing, lots of fingers are going to start pointing at President Trump, but it won’t be his fault.  The Federal Reserve and other central banks are primarily responsible for creating this bubble, and they should definitely get the blame for what is about to happen to global financial markets.

My regular readers are quite familiar with my thoughts on where the market is headed, so today let me share some thoughts from five highly respected financial experts…

#1 When Altair Asset Management’s chief investment officer Philip Parker was asked if a market crash was coming to Australia, he said that he has “never been more certain of anything in my life”.  In fact, he is so sure that the investments that his hedge fund is managing are going to crash that a decision was made to liquidate the fund “and return ‘hundreds of millions’ of dollars to its clients”

http://theeconomiccollapseblog.com

Federal Debt Held By Public Now At Highest Level Since World War II

– March 30, 2017

Federal debt held by the public is set to hit 77 percent of gross domestic product by the end of this year, the highest level seen since shortly after World War II, according to the Congressional Budget Office’s 2017 long-term budget outlook.

Federal debt held by the public, defined as the amount that the federal government borrows from financial markets, has ballooned over the last decade. In 2007, the year the recession began, debt held by the public represented 35 percent of GDP. Just five years later, federal debt held by the public has doubled to 70 percent and is projected to continue rising.

Debt has not seen a surge this large since the increase in federal spending during World War II, when debt exceeded 70 percent of GDP. The budget office projects that growing budget deficits will cause the debt to increase sharply over the next three decades, hitting 150 percent of GDP by 2047.

http://freebeacon.com

Court tells UK government Brexit start requires lawmakers’ approval

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DW – November 3, 2016

Britain’s High Court has ruled that Prime Minister Theresa May cannot trigger the UK’s exit from the EU without parliamentary approval. The government has already said it will appeal the court’s decision.

London’s High Court ruled on Thursday that Britain’s parliament, not only its government, must approve the start of Brexit negotiations to leave the European Union. The decision was a major blow to Prime Minister Theresa May‘s government.

“The court does not accept the argument put forward by the government,” three senior judges said in a statement.

Thursday’s verdict was closely monitored by the financial markets and across Europe, as the decision could possibly derail the possibility of “hard Brexit” negotiations.

http://www.dw.com

Urgent Warning From Top CEO: “We’re Getting Very Close To Armageddon Here”

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Mac Slavo – June 19, 2016

Keith Neumeyer is well known for his unabashed criticisms of government and central banks, having recently highlighted that the entire precious metals market space has been infiltrated by a small concentration of players who are manipulating the market. As the Chief Executive of First Majestic Silver, one of Canada’s hottest publicly traded companies, and the Chairman of mineral bank First Mining Finance, he pulls no punches in his most recent interview with TF Metals Report in which he destroys the notion that the Federal Reserve is looking out for the best interests of the average investor and warns that the rampant market intervention in which they are involved will soon lead to serious disruptions to financial markets and the global monetary system.

http://www.shtfplan.com

COMMENT: John Durrad – http://www.setapartbytruth.org

We are introduced to Armageddon in the book of Revelation chapter 16.  The word Armageddon is found only once in the Bible so it is interesting that Mr Neumeyer should mention it.

Armageddon refers to the “Hill of Megiddo” and it lies in the modern state of Israel about 50 miles north of Jerusalem, and about 15 miles from the Mediterranean Sea.

The battle of Armageddon is the 6th plague of the 7th Trumpet and occurs at the time of the return of Jesus Christ.  Notice the account in Revelation 6.

“And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of kings of the east might be prepared.

And I saw three unclean spirits like frogs come out of the mouth of the dragon, and out of the mouth of the beast, and out of the mouth of the false prophet.

For they are the spirits of devils, working miracles, which go forth unto the kings of the earth and of the whole world, to gather them to the battle of that great day of God Almighty…And he gathered them together into a place called in the Hebrew tongue Armageddon.”  Rev 16:13-14, 16

 

Armageddon will merely be the staging area for these huge armies.  The actual war will be fought farther south, in the valley of Jehoshaphat.  Mr Neumeyer is correct.  We are close to the time when human beings will try to defeat the returning Jesus Christ.  However, there is not an army powerful enough to do it, and the Messiah will put down all opposition to His rule.

Terrible times to come, but Utopia is just around the corner!