No One is Warning Us… Really?!?

In my last post I talked about the alternative media. Are they the only ones sounding the alarm and warning of an impending financial disaster? No, not really! Below you can see a list of people from the elite, and what they had to say about the upcoming economic crash:

Just last week, the Prime Minister of Japan, Shinzo Abe, warned of the re-emergence of a Lehman Brothers-scale crisis.

Last January, during a meeting with our Canadian Prime Minister Justin Trudeau, the billionaire George Soros warned Mr Trudeau that he was being too optimistic about the global economy. In fact, Mr Soros has been quite vocal with his warnings, even stating that it is 2008 all over again.

William White, Swiss-based chairman of the Organization for Economic Co-operation and Development (OECD), talked about the global financial system facing a wave of debt defaults. According to him, the situation is worse than it was in 2007. Mr White was one of the few who issued similar warnings between 2005 and 2008, right before the Great Recession.

Professor Robert Shiller, Sterling Professor of Economics at Yale University and laureate of the Nobel Prize in Economics, has been talking about the bubbles that exist currently across numerous asset classes. He speaks about a bubble in the bond market and in the stock market. Professor Shiller warned about the 2008 housing crisis years before it happened, as well as about Brazil’s housing bubble. He also correctly predicted the dot-com bubble in his bestselling book, “Irrational Exuberance”, more than a year before the crisis started.

Others have issued warnings as well. Among them are Carl Icahn (an American businessman and investor), Peter Schiff (CEO of Euro Pacific Capital, who correctly predicted the 2008 housing crash), Alan Greenspan (former chairman of the US Federal Reserve, warning about numerous issues throughout the Western world) and many others.

So do not say that no one is warning us. In fact, today there are many more well respected economists and businessmen forecasting a dire future and a global recession, probably going into a global depression, tan there ever were before the 2008 economic crisis. Which is why it is ever more important to be prepared, and as independent of the system as possible!


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s