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Doctor Doom Marc Faber) Warns: “World War III Will Occur In the Next Five Years”
SHTF Plan ^ | 1-17-2012 | Mac Slavo

Posted on 01/17/2012 9:34:45 AM PST by blam

Doctor Doom Warns: “World War III Will Occur In the Next Five Years”

January 17th, 2012

Well known economist, trend forecaster and Gloom, Boom and Doom Report publisher Dr. Marc Faber joined some of the world’s leading investment minds at the Barron’s 2012 Roundtable to discuss what’s in store for 2012 and beyond with respect to the economy, inflation, political stability and a host of other issues.

As is generally the case, Dr. Faber doesn’t mince words and warns that, despite what happens in the near term, the end game is global conflict.

Excerpted from Barron’s 2012 Roundtable via SGT Report

Marc Faber: On another optimistic note, World War III will occur in the next five years. That means the Middle East will blow up. New regimes there will be less Western-friendly. The West has also figured out it can’t contain China, which is rising rapidly and will have more military and naval power in Southeast Asia. The only way for the West to contain China is to control the oil tap in the Middle East.

Bill Gross (Founder, Pimco): How does your World War III hypothesis affect the financial markets? Is it positive for stocks?

Marc Faber: It is very positive for stocks and negative for bonds, because debt will grow dramatically. There will be massive monetization of debt. When the U.S. entered World War II total credit equaled 140% of GDP, and there were no unfunded liabilities. Now total credit-market debt is 380% of GDP, and unfunded liabilities make that 800%.

Brian Rogers (Chairman, T. Rowe Price): How is World War III good for stocks?

Felix Zulauf (Zulauf Asset Management): Unused capacity in an economy can be directed to the defense and war industry. That will be paid for by new government debt, and that keeps the economy growing.

Scott Black (President, Delphi): Marc, if Israel strikes Iran’s nuclear facilities, they will use air power. They aren’t going to commit ground troops. It won’t be the kind of conflagration you’re thinking.

Bill Gross: War takes place today in cyberspace and in terrorist space. Whether or not there will be a land war isn’t the question.

Dr. Faber has also expressed his views on prior occasions, suggesting that World War III is an inevitable outcome when nations begin to default on trillions of dollars worth of debt (whether by refusing to pay or simply easing their monetary supply).

In August of 2010 Faber urged his subscribers to begin making preparations for worst case scenarios:

In his latest GBD Report, Faber again advises those with the means to do it, to leave urban areas and seek safety in rural, country areas, preferably farms, and to be prepared to defend that land in the event the worst happens:

Faber has an interesting suggestion for investors if the plunge comes to pass.

With tongue apparently in cheek, he says buy a farm you can tend to yourself way out in the boondocks. And protect it with high voltage fences, barbed wire, booby traps, military weapons and Dobermans.

While several members of the Roundtable disagree with the idea that a conventional global war is out of the question, suggesting instead that conflicts will be dealt with through air superiority and in cyberspace (in itself a potentially catastrophic battlefield for modern civilization), they are ignoring the real possibility that an attack on Iran, or even a rogue attack against Europe or the United States, could escalate to such a level that China or Russia would have no choice but to get involved.

While hard to believe, we’ve seen it before. Twice just in the last century.

Not many people would have believed it prior to 1914 either. But within just a few short months of the assassination of Archduke Ferdinand in late June of that year, millions were dead and the Western front had extended hundreds of miles across Europe to the North Sea.

Events played out with similar velocity in World War II when Adolf Hitler’s aptly named Blitzkrieg (Lightning War) overtook entire nations in a matter of days.

It only takes one country, one sociopathic leader with his finger on the button, to get the ball rolling. Then there is no stopping it


TOPICS: News/Current Events
KEYWORDS: collapse; cw2; cwii; drdoom; economy; faber; getreadyhereitcomes; invasion; perpperping; prepperping; recession; shtf; shtfplan; survivalping; war; ww3

1 posted on 01/17/2012 9:34:57 AM PST by blam
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To: blam

What Good Can a Handgun Do Against An Army?
http://www.freerepublic.com/focus/f-backroom/2312894/posts


2 posted on 01/17/2012 9:44:40 AM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: blam

Above all else,Mr Gross seems concerned about the effect of WW3 on stocks.What a guy.


3 posted on 01/17/2012 9:45:17 AM PST by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: blam

Seems to me WW III has been going on for a while. It is being waged on different scales without common frontal assaults. It is religious, economic, cultural, political and terrorist but will grow in intensity.


4 posted on 01/17/2012 9:47:14 AM PST by Jukeman (God help us for we are deep in trouble.)
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To: blam

If it’s the ME vs the CHICOMs, and there are no nukes, well, so be it.


5 posted on 01/17/2012 9:47:25 AM PST by LS
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To: blam

We’ve been in a Cold Civil War for more than two generations.


6 posted on 01/17/2012 9:50:22 AM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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To: blam

I predict that 0’s foreign policy debacles will come home to roost by June 30, 2012. This plus the continued economic decline in the US and world will make his re-election highly unlikely.


7 posted on 01/17/2012 9:54:40 AM PST by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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To: Farmer Dean

War is the health of The State.

expect more Departments of ___ to further encroach on our liberties.

Trust us. We’re here from the gubmint to help you.


8 posted on 01/17/2012 10:02:26 AM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: LS
If it’s the ME vs the CHICOMs, and there are no nukes, well, so be it.

More like Chins, the ME and Africa vs the US and allies.

9 posted on 01/17/2012 10:03:26 AM PST by pgkdan ("Make what Americans buy, Buy what Americans make, and sell it to the world" Perry 2012)
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To: LS
If it’s the ME vs the CHICOMs, and there are no nukes, well, so be it.

More like China, the ME and Africa vs the US and allies.

10 posted on 01/17/2012 10:03:54 AM PST by pgkdan ("Make what Americans buy, Buy what Americans make, and sell it to the world" Perry 2012)
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To: blam
Bill Gross (Founder, Pimco): How does your World War III hypothesis affect the financial markets? Is it positive for stocks?

Really??? Someone tells him WWIII is coming and that's his first question??? REALLY?

11 posted on 01/17/2012 10:06:24 AM PST by pgkdan ("Make what Americans buy, Buy what Americans make, and sell it to the world" Perry 2012)
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To: blam

The US will sit out WW3.

While the rest of the world burns, the US will be in the middle of a hot civil war between the collectivists and those who believe in liberty.

JMO..


12 posted on 01/17/2012 10:10:28 AM PST by Le Chien Rouge
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To: blam

So, what is this guy selling? Gold, weapons, bugout kits?


13 posted on 01/17/2012 10:13:44 AM PST by JimRed (Excising a cancer before it kills us waters the Tree of Liberty! TERM LIMITS, NOW AND FOREVER!)
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To: blam

We are already engaged in WW IV. WW III was the Cold War with the Soviet Union.

WW IV is an alliance of the moonbat Left and globalist Islamists both of whom have decided the West is The Great Satan that must be destroyed.


14 posted on 01/17/2012 10:17:25 AM PST by a fool in paradise (SecofState Clinton applauded when a POW named Gaddaffi was murdered in captivity & his body defiled.)
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To: blam

Barron’s - predicted recession for 10 consecutive years, and then had the nerve to say “Ah-Ha!”, when one finally showed up.....


15 posted on 01/17/2012 10:25:38 AM PST by G Larry ("I dream of a day when a man is judged by the content of his Character.")
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To: Farmer Dean
I'm more surprised that Bill Gross didn't say "WWIII will obviously drive down the market. Buy PIMCO!"

There are three absolutes in this world, death, taxes, and Bill Gross having a Bearish outlook.

That being said, he was spot on about WWIII being fought in Cyberspace, or with terrorists. The years of massive armies sweeping across landscapes are over, I think.

16 posted on 01/17/2012 10:29:01 AM PST by wbill
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To: blam

I’m a little surprised that it hasn’t gone into a full blown hot global war already.


17 posted on 01/17/2012 10:32:57 AM PST by Dead Corpse (Steampunk- Yesterday's Tomorrow, Today)
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To: All

Ominous black clouds of doom cover the edge of the horizon, the lightening is flashing and there is the distant sound of thunder! The storm flags are going up, who you heed them?

I think that at best we are in for a collapse much like that of Argentina. A excellent 12 part documentary on the economic collapse of Argentina can be see on YouTube with part one here:

http://www.youtube.com/watch?v=rH6_i8zuffs

I am very aware that if it’s the great end as foretold in the Bible that there is nothing I can do to stop or change it, but history is full of instances and times when man or nature have caused such a calamity that people have cried out and begged God to end it all.

The bible has many verse such as this:

A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3

This verse and others are there for a reason and I urge all to take heed of them, because we are clearly on the edge. Everyday there is a new story about the ‘Yutes’ who grow more restless everyday and when you add the fact that because of the economy people are already on edge it won’t take much to set things off.

Reminds me of one of my favorite quotes:

“Star Trek: Deep Space Nine: The Siege of AR-558 (#7.8)” (1998)
Quark: Let me tell you something about Hew-mons, Nephew. They’re a wonderful, friendly people, as long as their bellies are full and their holosuites are working. But take away their creature comforts, deprive them of food, sleep, sonic showers, put their lives in jeopardy over an extended period of time and those same friendly, intelligent, wonderful people... will become as nasty and as violent as the most bloodthirsty Klingon. You don’t believe me? Look at those faces. Look in their eyes.

Today we have ‘yutes’ who roam our streets who are with out morals, without respect for law or life itself. They will look are you with the same ‘doll eyes’ a shark does before he eats you and they will feel no more compassion than the shark does.

That will be the test of many. Most preppers I know are Christian people and they will hesitate to do what they might have to do to stop the ‘yutes’. On the other hand the ‘yutes’ won’t think twice nor lose a minute of sleep, in fact they will smile and laugh about it.

For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:

http://www.tomeaker.com/kart/preparedness1i.pdf

(NOTE THIS DOWNLOAD IS FREE AND I DO NOT MAKE A DIME OFF OF IT. ALSO NOTE THAT THE MANUAL IS CLEARLY MARKED AS NOT BEING FOR SALE. I PUT TOGETHER THIS MANUAL FOR ONLY ONE PURPOSE AND THAT IS TO HELP FELLOW PATRIOTS TO PREPARE THEMSELVES FOR WHAT I BELIEVE IS COMING.)

For those of you who haven’t started already it’s time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.

Though I believe that the collapse we face will be much like that of Argentina I also believe that ours will be much more violent and there will be what I call ‘Pocket Progoms’ which will be very violent and life for some will quickly become much more like that of Bosina.

For a somber, yet realistic look at what SHFT in Bosina was like I urge you to read some of a Bosinian name Selco’s posted here:

http://www.freerepublic.com/focus/f-news/2798007/posts

If you like to read more about what SHTF in Bosnia was like take a look at this post on Bosnia War Survivor Selco’s Blog at:

http://shtfschool.com/

“There is no greater disaster than to underestimate danger. Underestimation can be fatal.”

As the LDS say “When the emergency is upon us the time for preparedness has past.”


18 posted on 01/17/2012 10:55:24 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...

Prepper’s PING!


19 posted on 01/17/2012 10:58:00 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Jukeman
Seems to me WW III has been going on for a while. It is being waged on different scales without common frontal assaults. It is religious, economic, cultural, political and terrorist but will grow in intensity.

Well, most "World Wars" start out as a series of separate wars that correlate as the major combatant nations join the fight. Japan was fighting in Manchuria and China in the 30's. Italy in Ethiopia. Germany was "assisting" Franco in Spain. The starting date for WW2 is generally accepted as 9/1/1939, but you could make an argument that it was already going on for several years.

20 posted on 01/17/2012 11:11:04 AM PST by Tallguy (It's all 'Fun and Games' until somebody loses an eye!)
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To: central_va

All this sabre-rattling is theater - a prelude to the very visible, television-friendly ground war Ubama so desperately needs so he can get reelected.

Iran? North Korea? Perfect patsies, right out of central casting.

Ubama’s campaign strategy for the general election (a mere eleven months from now) is to send America into a fresh new war. Americans, you see, are very reluctant to dump a somber and serious “war time President”. At least, that’s the Democrats’ theory.


21 posted on 01/17/2012 11:14:29 AM PST by Lancey Howard
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To: Farmer Dean

>>Above all else,Mr Gross seems concerned about the effect of WW3 on stocks.What a guy.

When you have been invited to spear at the 2012 Barrons Investor Roundtable, what should he be worried about?


22 posted on 01/17/2012 11:15:45 AM PST by qwerty1234
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To: Farmer Dean

>>Above all else,Mr Gross seems concerned about the effect of WW3 on stocks.What a guy.

When you have been invited to speak at the 2012 Barrons Investor Roundtable, what should he be worried about?


23 posted on 01/17/2012 11:15:45 AM PST by qwerty1234
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To: qwerty1234

Maybe the loss of comsumer base,when most of them are dead?


24 posted on 01/17/2012 11:26:44 AM PST by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: Dead Corpse

Most countries can’t afford weapons and armies any more.


25 posted on 01/17/2012 11:35:42 AM PST by proxy_user
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To: proxy_user

And of most of those that still can, not many are our Friends.


26 posted on 01/17/2012 12:05:38 PM PST by Dead Corpse (Steampunk- Yesterday's Tomorrow, Today)
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To: blam

BM for 2017


27 posted on 01/17/2012 12:07:07 PM PST by Para-Ord.45
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To: blam

High voltage fences? Where will we get the electricity?


28 posted on 01/17/2012 12:27:05 PM PST by Terry Mross (AN)
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To: Tallguy

“Most world wars”:

In fact, what you said is much what I meant. All are different but much the same in that they began as small incidents or grievances with each building on one another. We have flash points in the Middle East, Southern Asia, Africa along with the economic situations, religious conflicts and cultural clashes and civil war rumblings which ebb and flow. Wars and rumors of war.


29 posted on 01/17/2012 1:16:42 PM PST by Jukeman (God help us for we are deep in trouble.)
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To: blam

If hussein wins, we will probably be fighting the Leftists for real. If we can’t have liberty, maybe we can take solace in destroying Leftists.


30 posted on 01/17/2012 1:20:14 PM PST by grumpygresh (Democrats delenda est; zero sera dans l'enfer bientot.)
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To: LS

It will not be the ME against the Chicoms.

The Gulf state have established a mega trade center in the UAE to house the financial and distribution facilities for dealing with the Pacific rim, including the Chicaps.

Europe is the loser.


31 posted on 01/17/2012 1:22:29 PM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: pgkdan

Yeah! Who wants to be sitting around asking stupid questions and making mundane comments like I am, by the way. Got to go check my food, water and ammunition.


32 posted on 01/17/2012 1:36:52 PM PST by Jukeman (God help us for we are deep in trouble.)
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To: 2ndDivisionVet

Thanks for posting that thread and the link to it.


33 posted on 01/17/2012 1:49:10 PM PST by metmom (For freedom Christ has set us free; stand firm therefore & do not submit again to a yoke of slavery)
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34 posted on 01/17/2012 2:03:05 PM PST by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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