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Elite Insiders Predict Economic Crash March 2014

from TheAlexJonesChannel:

Grady Means is a former advisor to Vice President Nelson Rockefeller, a former economist at the U.S. Department of Health, Education and Welfare, and has managed multi-billion dollar firms over his career. Back in October of 2012 Means penned a commentary and analysis for the Washington Times in which he noted that “America’s fall will take global economies with it.

Former Harvard Professor of Economics Terry Burnham fears starting a “run” on Bank of America after he made public his decision to withdraw $1 million dollars from his checking account as a protest against Federal Reserve head, Janet Yellen. In addition, he points out that the FDIC, which guarantees to insure deposits up to $250,000, only has about $41 billion in reserve against $6 trillion in insured deposits.

Burnham’s words are sure to send a chill through markets already beset with paranoia following a drop of 1000 points on the Dow Jones since its height in December.

4 comments to Elite Insiders Predict Economic Crash March 2014

  • Rodster

    I don’t know why these so called experts pin dates to their predictions. They just discredit themselves when nothing happens. The entire financial system around the world has been taken over by crooks and thieves. ;)

    • CalsailX

      Maybe it has something to do with why I’ve had to eat crow so many times. It never really clicked for me that the criminals have a virtual printing press, I assumed “rule of law” and enforcement of contracts. As long as FRN’s seem to have value it all works, the day that too many stand up and demand real “currency” it falls on it’s face.

      It will be a mess to sort out, but hitting the reset button is a opportunity to revisit, and redress issues that are destroying the fabric of human interaction.

  • Ed_B

    “In addition, he points out that the FDIC, which guarantees to insure deposits up to $250,000, only has about $41 billion in reserve against $6 trillion in insured deposits.”

    This point keeps coming up and is ridiculous on its face. Does anyone seriously think that the head of the FDIC cannot simply call up the Fed and the US Treasury and say, “We must have $500B in 3 days time” and they won’t get it? Get real, people. They have an unlimited access to fiat currency, both as paper money and as computer digits. It’s not real money anwyay, so WTF?

  • glitter 1

    Bank drills Feb 15-16, Fed Debt Limit ~Feb 28, Melt Down March 4th.What is the possible significance of all this convergence around this time!
    “Global Currency Reset in 90 days”- Lindsey Williams 12/04/13
    “Global Currency Reset Coming Soon” – Jim Willie 11/2013

    All just a Coincidence? We won’t have long to wait will we.

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