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


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

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


Neno

I can be reached by phone or text 8am-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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    ALERT: Nomi Prins Issues Dire Warning – We May Have Just Witnessed The Trigger For The Next Global C

    Lobo
    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12
    • Post n°1

    ALERT: Nomi Prins Issues Dire Warning – We May Have Just Witnessed The Trigger For The Next Global C Empty ALERT: Nomi Prins Issues Dire Warning – We May Have Just Witnessed The Trigger For The Next Global C

    Post by Lobo Tue 02 Feb 2016, 5:16 pm

    ALERT: Nomi Prins Issues Dire Warning – We May Have Just Witnessed The Trigger For The Next Global Collapse
    February 02, 2016


    Today Nomi Prins, the keynote speaker who recently addressed the Federal Reserve, IMF and World Bank, issued a dire warning to King World News that we may have just witnessed the trigger for the next global collapse.
    ALERT: Nomi Prins Issues Dire Warning – We May Have Just Witnessed The Trigger For The Next Global C KWN-Pento-I-4122015Eric King:  “We saw the global financial system come unhinged as a result of the mortgage-backed securities scheme from 2007 – 2009.  Do all the derivatives and junk bonds tied to the energy sector have the potential to cause a similar level of panic and chaos in the global banking and financial system?”
    Nomi Prins:  “It does have that potential for a similar reason, which is that a very small amount of underlying collateral in the energy sector and other industries that are dependent on profits from the energy sector for their own revenues, a small number of those can create a much larger ripple effect…

    In Volatile Markets, Is Wealth Preservation King?
    In a King World News interview I spoke with the man who predicted the Swiss National Bank would experience staggering losses and that the Fed would also experience massive losses that will destabilize the global financial system! His company is the only one in the world offering a precious metals investment service outside the banking system, with direct ownership and full control by the investor. He has also become legendary for his predictions on QE, historic moves in currencies, and major global events. To find out what he and his company can do to help answer that age old question for you CLICK HERE.
    ALERT: Nomi Prins Issues Dire Warning – We May Have Just Witnessed The Trigger For The Next Global C GoldSwitzerland-New-Ad-PicSponsored

    Nomi Prins continues:  “As you mentioned, we have already seen this with the sub-prime crisis and other crises.  And in today’s markets, because co-dependency remains the key to the game between banks and other types of financial institutions, when something starts to unravel at the core of a trade or a derivative, it can spiral into a major problem for the global banking and financial system.”
    Eric King:  “Even though we’ve seen the carnage in the oil sector, we have not yet seen the chaos in the banking sector play out that could trigger a global financial crisis.”
    ALERT: Nomi Prins Issues Dire Warning – We May Have Just Witnessed The Trigger For The Next Global C KWN-Jolie-CroftThe Trigger For The Next Global Collapse
    Nomi Prins:  “Not yet because banks are not writing down a lot of these losses.  But what we have seen, and this is how the sub-prime losses started coming in, are downgrades, delinquencies in payments, and defaults in associated securities.      So that’s the first step.  From there we will see write-downs.  From there we will see lack of confidence in associated derivatives.  Everything just sort of seizes up because of the  price destruction in the energy sector.  We are already starting to see this happening in the oil patch.  
    Here is the problem, Eric:  Once the cracks start to develop in the banking system, the only question left will be: 
    “How bad will the global financial destruction ultimately become and how devastating will this
    be for people around the world?”
    • Back to top
      Current date/time is Tue 26 Nov 2024, 2:21 am