Charles Hugh Smith – The Next Recession Will Be Devastatingly Non-Linear

The Next Recession Will Be Devastatingly Non-Linear
The acceleration of non-linear consequences will surprise the brainwashed, loving-their-servitude mainstream media.
Linear correlations are intuitive: if GDP declines 2% in the next recession, and employment declines 2%, we get it: the scale and size of the decline aligns. In a linear correlation, we’d expect sales to drop by about 2%, businesses closing their doors to increase by about 2%, profits to notch down by about 2%, lending contracts by around 2% and so on.
But the effects of the next recession won’t be linear–they will be non-linear, and far more devastating than whatever modest GDP decline is registered. To paraphrase William Gibson’s insightful observation that “The future is already here — it’s just not very evenly distributed”: the recession is already here, it’s just not evenly distributed– and its effects will be enormously asymmetric.
Non-linear effects can be extremely asymmetric. Thus an apparently mild decline of 2% in GDP might trigger a 50% rise in the number of small businesses closing, a 50% collapse in new mortgages issued and a 10% increase in unemployment.
Richard Bonugli of Financial Repression Authority alerted me to the non-linear dynamic of the coming slowdown. I recently recorded a podcast with Richard on one sector that will cascade in a series of non-linear avalanches once the current asset bubbles pop and the current central-bank-created “recovery” falters under its staggering weight of debt, malinvestment and speculative excess.

Financial Repression Authority – Charles Hugh Smith On The Intensifying Pension Crisis

Cambridge House International Inc. – The Real Financial Crisis is About to Hit – Peter Schiff

 

Cambridge House International Inc. – The Real Financial Crisis is About to Hit – Peter Schiff

This talk was delivered at the 2018 Vancouver Resource Investment Conference. Join us at an upcoming event! http://www.cambridgehouse.com Stay Connected! http://www.cambridgehouse.com/ https://twitter.com/cambridge https://www.facebook.com/cambridgehou… Copyright © 2015 Cambridge House International Inc. All rights reserved.

Stefan Molyneux – The Next Financial Crisis | Peter Schiff and Stefan Molyneux

 

Stefan Molyneux – The Next Financial Crisis | Peter Schiff and Stefan Molyneux
▶️ Donate Now: http://www.freedomainradio.com/donate ▶️ Sign Up For Our Newsletter: http://www.fdrurl.com/newsletter ▶️ MP3: https://www.fdrpodcasts.com/#/4099/th… ▶️ Soundcloud: https://soundcloud.com/stefan-molyneu… While President Donald Trump and elements of the mainstream media describe a strong United States economy – America’s economic future has significant problems on the horizon. Peter Schiff joins Stefan Molyneux to discuss the United States’s $21-plus trillion-dollar national debt, skyrocketing unfunded liabilities, federal deficits of $100 billion per month, the end of retirement, coming Corporate bankruptcies, the myth of a strong stock market, the subprime auto loan bubble, the role of China, upcoming inflation, flooding the market with treasury bonds, the day of reckoning for the Federal Reserve, Bernie Sander’s Jobs program and the end of the second-longest economic recovery in history. Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, the host of the Peter Schiff Show Podcast, the President and CEO of Euro Pacific Capital and the Chairmain of Schiff Gold. Schiff Gold: http://schiffgold.com Schiff Radio: http://www.schiffradio.com Euro Pacific Capital: http://www.europac.com Your support is essential to Freedomain Radio, which is 100% funded by viewers like you. Please support the show by making a one time donation or signing up for a monthly recurring donation at: http://www.freedomainradio.com/donate ▶️ 1. Donate: http://www.freedomainradio.com/donate ▶️ 2. Newsletter Sign-Up: http://www.fdrurl.com/newsletter ▶️ 3. On YouTube: Subscribe, Click Notification Bell ▶️ 4. Subscribe to the Freedomain Podcast: http://www.fdrpodcasts.com ▶️ 5. Follow Freedomain on Alternative Platforms 🔴 Bitchute: http://bitchute.com/stefanmolyneux 🔴 Minds: http://minds.com/stefanmolyneux 🔴 Steemit: http://steemit.com/@stefan.molyneux 🔴 Gab: http://gab.ai/stefanmolyneux 🔴 Twitter: http://www.twitter.com/stefanmolyneux 🔴 Facebook: http://facebook.com/stefan.molyneux 🔴 Instagram: http://instagram.com/stefanmolyneux Amazon Affiliate Links ▶️ US: http://www.fdrurl.com/Amazon ▶️ Canada: http://www.fdrurl.com/AmazonCanada ▶️ UK: http://www.fdrurl.com/AmazonUK

Economy News – KWN – Greyerz – This May Crash Europe’s Financial System And Lead To The Next Global Crisis And Collapse

Zero Hedge – Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs
by Tyler Durden Feb 28, 2017
Wendy’s chief information officer, David Trimm, said the kiosks are intended to appeal to younger customers and reduce labor costs. Kiosks also allow customers of the fast food giant to circumvent long lines during peak dining hours while increasing kitchen production.
As Dispatch.com reports, the Dublin-based burger giant started offering kiosks last year, and demand for the technology has been high from both customers and franchise owners.

KWN – Gerald Celente: Broadcast Interview – Available Now

KWN – ALERT: Legend Art Cashin Just Issued A Dire Warning
On the heels of another record breaking week for the Dow, legend Art Cashin just issued a dire warning.
Eric King:  “When you look at the stock market, Art, we keep hitting one record high after another on the Dow.  As the market continues to melt-up, do you sometimes step back and say, ‘I’ve seen this movie before and it doesn’t always have a good ending?’”
Art Cashin:  “Well, it’s funny you say that.  I wrote in my comments yesterday about the fact that the Dow being up nine consecutive record closes has only happened five times since 1897.  And in virtually all of those cases it didn’t end well.  It didn’t end badly immediately after the streak was broken but a year or so later there were problems.  The most recent time we’ve seen it they had 12 records in a row in early 1987, (laughter) and we all have some scars from what happened later in 1987.  It also happened in 1929.

Thomas Dishaw – Barclays bank goes down over the weekend, millions unable to access cash or use credit cards
A server crash on Barclays network Saturday gave many customers an unwanted glimpse into the chaotic future of a cashless, automated society. The crash left many unable to access their funds, unable to use internet or telephone banking and caused many cash machines to go down as a result of hardware failure.
Customers noted that their debit cards were declined even for small purchases like a 17p banana. Many took to social media to express frustration over the inability to withdraw money from in ATMs or be able to pay for purchases in shops and pubs around the world. Some reported being stranded because they could not access funds to buy tickets to return home. Others expressed desperation of not being able to feed themselves or their families.
Panic set in when Barclay’s admitted they had not idea how long it would take to fix the issue, even speculating that it could take until Monday. The bank released a statement saying it was “working to fix” a problem and advised customers to use other banks’ cash machines. It added that telephone banking and in-branch payments were also affected and apologized “for any inconvenience.” Barclays also reiterated the fact that no customer will lose out financially because of the hardware crash and any relevant fees would be reimbursed as soon as possible, another concern that some users called out.
There is still no word how many of Barclay’s 15 million card customers were affected by the outage. There is no doubt this experience echoes the fears and concerns many still have of completely cashless societies. Becoming dependent on cards leaves us vulnerable to situations like this. And the increase of automation results in fewer bank branches where you can go in and manually withdraw money from your account.
Globalists have indoctrinated many of us to believe that electronic currency is more convenient and easier to access than paper currency. But the advantage for cash remains that it is tangible and can be used to trade goods at face value, whereas we see in this scenario that if the value on your debit or credit card cannot be accessed, it doesn’t exist.

KWN – Greyerz – This May Crash Europe’s Financial System And Lead To The Next Global Crisis And Collapse
With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, spoke with King World News about why Target2 may crash Europe’s financial system and lead to the next global crisis and collapse.
100 Years Of Massive Credit Expansion
To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy. So why are less than 0.5% of world financial assets invested in gold and gold stocks? There are several reasons for this. Firstly, 100 years of massive credit expansion and money printing have mainly inflated the asset classes that investors understand, be it stocks, bonds or property. Also, financial repression, which in layman’s terms means manipulation, has totally distorted most financial markets. With the help of derivatives, governments, central banks, investment banks and hedge funds can create false markets in most investment areas. If a market is massive and global, like currencies, they are very hard to manipulate, except if several major sovereign states collude. But in a small market like gold and silver, it is extremely easy to manipulate prices. Even more so when a lot of it is done with the assistance and blessing of governments…

Personal Thoughts – Fight the good fight

In the last couple of years after democracy was shoved, down and hard, in to the throat of predominantly Muslim countries, and radical Islam emerged as consequence of these failed policies the fall of the western civilization began.

Is this something unexpected and unplanned ?

No.

How is that?

Well because this:

and this is the actual end result:

Albert Pike’s letter to Mazzini

The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil. Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.

Were we warn beforehand about what is going to happen?

Well…actually…YES!

Where?

But some might say that I don’t believe what it is written there.

Then what about this:

A 90 year old woman from a Lutheran Church in Valdres, Norway received a vision from God in the 1960’s. Emanuel Minos, a Norwegian Pentecostal evangelist, held revival meetings where this womanlived in 1968. She came to one of his meetings and told him what she had seen and Minos wrote it down. The woman from Valdres was known for being alert, reliable and a credible Christian with a good reputation.

Because God does not lie we are at point 4 from this prophecy.

What is point 4 one might just ask? Well…this:

4. People from poor countries will stream to Europe. {Note by Minos: In 1968 there was no such thing as immigration.} They will also come to Scandinavia – and Norway. There will be so many of them that people will begin to dislike them and become hard with them. They will be treated like the Jews before the Second World War. Then the full measure of our sins will have been reached. {Note by Minos: I protested at the issue of immigration. I did not understand it at the time.}

Were are the money coming from?

George Soros, Mastercard to partner to aid migrants, refugees – Thu Jan 19, 2017 | 11:31am EST

Billionaire investor George Soros will partner with Mastercard Inc on a venture they said could help migrants, refugees and others struggling within their communities worldwide to improve their economic and social status.
The partnership, Humanity Ventures, stems from a pledge Soros made in September to earmark up to $500 million for investments to address challenges facing migrants and refugees.
In a joint statement on Thursday, Mastercard and Soros said that despite billions of dollars of humanitarian and development assistance, millions of people remain marginalized, a situation the private sector can help rectify.
“Migrants are often forced into lives of despair in their host communities because they cannot gain access to financial, healthcare and government services,” Soros said.
“Our potential investment in this social enterprise, coupled with Mastercard’s ability to create products that serve vulnerable communities, can show how private capital can play a constructive role in solving social problems,” he added.
Humanity Ventures intends to focus initially on healthcare and education, with a goal of fostering local economic development and entrepreneurship.
With the creation of Humanity Ventures, Soros could invest up to $50 million to make these solutions more scalable and sustainable, and perhaps encourage smaller projects committed to mitigating the migration crisis.
“Humanity Ventures is intended to be profitable so as to stimulate involvement from other businesspeople,” Soros said. “We also hope to establish standards of practice to ensure that investments are not exploitative of the vulnerable communities we intend to serve.”

One can also read these extensive article:

How George Soros Singlehandedly Created The European Refugee Crisis – And Why

George Soros to invest $500 million in help for refugees

Who is Soros?

Is Wikipedia omitting something?

Yes.

What?

This:

After reading this one might ask:

Who do we fight in order to make things better again?

Is it the migrants?

Is it the politicians?

Is it the uninformed masses?

Is it the PC culture?

Is the journalists who spread misinformation?

Is it the public servants who cover all the terrible things that happen as we speak across the western world?

Is it the police who are enforcing the pro emigration measures?

Is it the social media who is censoring everybody that is not on line with the emigration policies and are run by the same people who are funding these migrants?

Or is it something else?

Is it all of the above?

12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.

What can we do?

11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.

13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

14 Stand therefore, having your loins girt about with truth, and having on the breastplate of righteousness;

15 And your feet shod with the preparation of the gospel of peace;

16 Above all, taking the shield of faith, wherewith ye shall be able to quench all the fiery darts of the wicked.

17 And take the helmet of salvation, and the sword of the Spirit, which is the word of God:

18 Praying always with all prayer and supplication in the Spirit, and watching thereunto with all perseverance and supplication for all saints;

19 And for me, that utterance may be given unto me, that I may open my mouth boldly, to make known the mystery of the gospel,

20 For which I am an ambassador in bonds: that therein I may speak boldly, as I ought to speak.

21 But that ye also may know my affairs, and how I do, Tychicus, a beloved brother and faithful minister in the Lord, shall make known to you all things:

22 Whom I have sent unto you for the same purpose, that ye might know our affairs, and that he might comfort your hearts.

23 Peace be to the brethren, and love with faith, from God the Father and the Lord Jesus Christ.

24 Grace be with all them that love our Lord Jesus Christ in sincerity. Amen.

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Vaccine News – The Alex Jones Channel – Robert Kennedy Jr. & Robert De Niro Vaccine Safety Press Conference

The Alex Jones Channel – Robert Kennedy Jr. & Robert De Niro Vaccine Safety Press Conference

Robert De Niro Supports Trump Vaccine Safety Commission Does Not Support Trump

Vaccines Are The New Tuskegee Experiment
Minister Tony Muhammed of the Nation of Islam exposes how vaccines target and attack young black boys.

Antonio DA Speaks Out Against Toxic Vaccines
Infowars reporter Rob Dew ( @DewsNewz ) interviews Nico Lahood DA for Bexar county and his personal journey that led him to speak out against vaccines.

Vaxxed Producer: We Are Killing Our Children
Vaxxed producer Del Bigtree speaks out about the current poisoning of our children by Big Pharma.

Kennedy Speaks Out Over Major Health Crisis
Robert F. Kennedy, Jr has challenged the media and American people to prove that mercury in vaccines is safe.