Posted on 05/23/2010 4:21:53 PM PDT by An Old Man
Big picture: We believe stocks have entered catastrophic wave (C ) down, which should be the third and most devastating phase of the Grand Supercycle degree wave {IV} Bear Market. This decline has the potential to be a nation changing economic meltdown.
So what does this mean? Permit us to give some educated speculative possibilities: It likely means there will be a political reaction to this meltdown like nothing we have ever seen before. You see how aggressive the Central Planners have been, closing the barn door after the horse has gotten out, spending at least $2 trillion that we know about, but are not sure where the money went. Well, multiply this by a thousand. We could see a reaction to a global economic meltdown that includes the following: Either by edict or by popular consent after a successful propaganda campaign, we could see the joining of a western economic intercontinental new sovereign nation, where European nations and North American nations join together, submitting their own sovereignties to a new nation where former nations become essentially states within that new western alliance nation. It would be sold as a necessary union to turn around a collapsed economic system and save the world. This western nation would have its own new currency, replacing the Euro, the Pound, the U.S. and the Canadian Dollars with something else.
There would be massive new controls put in place requiring people of all these nations to follow new rules and adopt new technologies if they want to buy or sell anything. Privacy would be completely lost, replaced by rigid accountability and mandates on the people. The U.S. Constitution would be replaced by something else, a Western Alliance Constitution that all European and North American nations would adopt and submit to. In other words, the fulfillment of the wishes and desires of the Bilderberg Group, of the Council on Foreign Relations, of NAFTA, of the Trilateral Commission. In effect, the coming of a New World Order which is already being worked on behind the scenes by Central Planners. That, I believe is where we will find ourselves at the end of this catastrophic third leg of the Bear Market. Make no mistake, I personally do not want this to happen, but I do believe it is where we are headed nonetheless. To learn more about this, you can read Daniel Estulin’s fascinating book, The True Story of the Bilderberg Group, the North American Union edition, available at amazon.com .
How soon? Hard to say, but the best guess here is sometime between 2012 and 2016. Between now and then we should see things get progressively worse, in stairstep fashion. The Central Planners have blown a one-time opportunity they had to prevent a collapse by doing a massive tax rebate to all U.S. Households. They have wasted so much money, which has disintegrated into thin air, that a massive tax rebate would blow up the Federal Deficit to the point where Greece’s sovereign debt problem would look like child’s play. I guess what I am suggesting, is that the technical charts and patterns are warning that a complete economic collapse is approaching the point of inevitability.
I am fascinated by the timing suggested by the big picture charts. If you extend trendlines down from the top of the right shoulders of charts we show on pages 12 through 19, symmetrical with the left shoulder, you see markets fully collapse from 2012 through 2016ish. Amazingly, if you go to the History Channel’s website, you can order a ton of productions pointing out a myriad of scientific and prophetic sources from many different and independent origins suggesting major upheaval during this same period of time. Then, if you go into the Biblical scriptures, including the Old Testament prophecies, we find the possibility of economic and world calamity arriving at a time in the not too distant future as well.
We’re doomed! :)
Darned right! We are all gonna die I tell ya!
New World Order requires money. Without money, I suspect the world governments will just go to war.
Really, it doesn’t take much tinfoil to use basic logic.
You knew “Merlin”? You are a lot older than I.
The New World Odor is coming. I can already smell it.
Market Oracle needs prozac.
Wars are good fer business. That's what great grand daddy used to say.
Are you series? It’s gonna be hugh!
Back when I was younger, there were these things called "books". You could "read" these "books" and magically review the escapades of men long dead.
Amazing stuff, really.
So, a quant and a false profit ... errr, prophet all rolled into one?
I agree we’re in a huge mess with major repercussions, so don’t get me wrong, but I’ll pass on this one’s prognostications.
He sounds like Celente.
It will never happen and shouldn't even be discussed, due to the left-leaning of all those nations except Poland and the "red" U.S. States. There are too many welfare dependents in all these nations, too many muslims in Europe and too many atheists in the U.S. to allow a new country to succeed. The red States and those who migrate to them would have to secede from any such conglomeration. Let the Crown and the rest of what used to be the center of Western thought and Christendom sort out their own liberal fascist troubles.
>> We believe stocks have entered catastrophic wave (C ) down, which should be the third and most devastating phase of the Grand Supercycle degree wave {IV} Bear Market.
Wow! That all sound so scientific and mathematicational and edjimicated and stuff!
I was going to be skeptical, but since he’s using words like “wave” and “phase” and “supercycle”, I guess I have no choice but to believe it.
;-)
Seems like a variation of the Elliot wave that was predicting the same thing back in the 80’s if I recall. The market doom and gloom business has a strange fascination for some.
I tend to agree.
Something for everybody. That way soneone will be sure to champion your story.
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