Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Position yourself for free after watching the video on eCommerce at


I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017

The Frightening Reason Why We’re All Doomed


Posts : 26749
Thanked : 1365
Join date : 2013-01-12

The Frightening Reason Why We’re All Doomed

Post by Lobo on Sat 11 Jul 2015, 4:40 pm

Nomi Prins – Keynote Speaker At World Bank-Fed-IMF Conference, On The Frightening Reason Why We’re All Doomed
July 11, 2015

Today Nomi Prins, the keynote speaker who recently addressed the Federal Reserve, IMF and the World Bank, spoke with King World News about the frightening reason why we're all doomed.

It's Not Just China That's In Danger Of Collapsing Markets
Nomi Prins:  “It isn’t just about China.  This is something that is prevalent throughout the world.  No market, not in the United States and not in Europe, is immune from the fact that the money that’s in these markets is artificially created.  It’s not growth money.  It’s not earned money.  It’s artificially created money by the central banks of the world through the private banking system into these markets and it can evaporate as quickly as it came in.
When you have all this cheap, artificial liquidity perpetuating all the global market increases, when there’s any factor that comes in to disturb the idea of that liquidity being around forever or markets going up forever, things turn around very quickly…. 
Continue reading the Nomi Prins interview below…

To hear which company investors & institutions around the globe are flocking to 
​that has one of the best gold & silver purchase & storage platforms 
in the world click on the logo:

“Any number of things could start to implode and that would have an acute knock-on downward effect on the stock market here (in the United States).  That’s one of the reasons why the Federal Reserve this week said they ‘are not sure if things are stable enough to raise rates.’
Now they are just so afraid that anything they do to interrupt the free liquidity to the private banking system could have such an overriding negative effect (such as the stock market crash in China).  So they are backpedaling.”
Eric King:  “So the Fed is trapped, Nomi.”
Nomi Prins:  “They’re absolutely trapped.  The ECB is (also) trapped.  They’ve made really bad choices for 7 years.  Supposedly (all this liquidity) started out as a temporary emergency measure.

It's One Giant Ponzi Scheme 
And the idea on Capitol Hill, through the Federal Reserve and ultimately pushed to Europe and globally to the People’s Bank of China and so forth, was that if you increase liquidity, make rates low enough, if you make money cheap enough, somehow it’s going to go into the financial system, into the banking system, out to the general economy, and it’s going to fortify the general economy and stabilize it.  That never happened.
So now we are 7 years into what was supposed to be an emergency measure that hasn’t accomplished any of that.  It’s merely given the largest banks in the world the appearance of solvency.
And again, they (the banks) have in turn undergone a slew of leverage loans, of propping up the stock market, to working with their corporate customers to create bonds.  And the larger corporations like Apple, IBM and so forth, then use that money to buy their own shares, which creates another artificial bump in the markets.  That’s all that’s happened in the last 7 years.  It’s really just been a shell game of artificial liquidity through the banking system.  Nothing has actually been solidified.
The Frightening Reason Why We're Doomed
But these people just imagine that if they do more of the same thing, as scary as that may sound because it’s not produced stable results, that somehow eventually things are going to wind up OK.  It’s the definition of insanity, right?  You keep repeating the same thing over and over again, hoping for a different outcome.  That’s what’s going on.”

    Current date/time is Fri 24 Nov 2017, 11:51 pm