from Modern Survival Blog:
I recently read a quote by Bill Hotler which rang very true.
“It takes only a small amount of force to topple someone on a tightrope.”
In my opinion (and many others) the present financial system is walking a tightrope and it’s not going to take much of a breeze to topple it. There has been wide speculation in the alt-news world and blogosphere that a major reset is coming this year, which may even lead to failure, collapse, and possibly Martial Law.
‘They’ have been predicting a financial collapse for several years now. Because it has not happened (yet) is no indication that it will not happen in our near future.
Mathematically speaking, the Ponzi scheme will fail. There’s no mathematical way out of it.
Will it be this year 2015?
Will the ‘breeze’ that knocks off the tightrope walker be the Greece exit from the euro (Grexit)? The prospect of Grexit seems more realistic now than ever. Greece is a problem that ‘The Powers That Be’ cannot acknowledge or the entire house of cards will fall.
Greece will destroy the Euro. The chain of derivatives will break.
This, and other financially related current events (the AIIB, the upcoming SDR basket, China apparently announcing their gold holdings in July, etc..) are pointing towards a major reset of sorts in our future. The global ‘powers that be’ are going to do everything in their power to hold off a collapse, so they will be proactive (and are being proactive behind the scenes) and will steer towards a global financial reset in my opinion. If they do nothing, a worse scenario will unfold — that of hyper-inflation…
The world is swimming in insurmountable debt. Eventually all of this debt being held on the books will have to be re-set or “inflated away”. Many believe that imminent financial reset will likely occur this year 2015, this fall, and/or into early next year 2016.
This WILL bring about a major drop in standard of living for ‘most’. The apparent opinion out there is about a 30% drop. And this will ruin (destroy) what’s left of the middle class and will descend lower financial classes further into desperation. What will be the human result?
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