The Phaserl


12 Signs That An Imminent Global Financial Crash Has Become Even More Likely

by Michael Snyder, The Economic Collapse Blog:

Did you see what just happened?  The devaluation of the yuan by China triggered the largest one day drop for that currency in the modern era.  This caused other global currencies to crash relative to the U.S. dollar, the price of oil hit a six year low, and stock markets all over the world were rattled.  The Dow fell 212 points on Tuesday, and Apple stock plummeted another 5 percent.  As we hurtle toward the absolutely critical months of September and October, the unraveling of the global financial system is beginning to accelerate.  At this point, it is not going to take very much to push us into a full-blown worldwide financial crisis.  The following are 12 signs that indicate that a global financial crash has become even more likely after the events of the past few days…

#1 The devaluation of the yuan on Tuesday took virtually the entire planet by surprise (and not in a good way).  The following comes from Reuters

China’s 2 percent devaluation of the yuan on Tuesday pushed the U.S. dollar higher and hit Wall Street and other global equity markets as it raised fears of a new round of currency wars and fed worries about slowing Chinese economic growth.

#2 One of the big reasons why China devalued the yuan was to try to boost exports.  China’s exports declined 8.3 percent in July, and global trade overall is falling at a pace that we haven’t seen since the last recession.

#3 Now that the Chinese have devalued their currency, other nations that rely on exports are indicating that they might do the same thing.  If you scan the big financial news sites, it seems like the term “currency war” is now being bandied about quite a bit.

#4 This is the very first time that the 50 day moving average for the Dow has moved below the 200 day moving average in the last four years. This is known as a “death cross”, and it is a very troubling sign.  We are just about at the point where all of the most common technical signals that investors typically use to make investment decisions will be screaming “sell”.

#5 The price of oil just closed at a brand new six year low.  When the price of oil started to decline back in late 2014, a whole lot of people were proclaiming that this would be a good thing for the U.S. economy.  Now we can see just how wrong they were.

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4 comments to 12 Signs That An Imminent Global Financial Crash Has Become Even More Likely

  • Stefan

    LOL – I have to take issue with #5 and #6. The price of oil falling is not a good thing? Now we can see just how wrong they were. Ha! Of course it’s a good thing. Depends on what side of the fence you are on. Are you intellectually honest? or are you just a hand wringing hypocrite? Jeff Gundlach says, “I hope it does not go to $40, because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be — to put it bluntly — terrifying.” No Shit, Dick Tracy. And then in #6 we see, “This week we learned that OPEC has been pumping more oil than we thought, and it is being projected that this could cause the price of oil to plunge into the 30s…” No Shit! Again!

    It takes energy to run a complex global economy. Central Bank financial conditions have strangled global progress towards new and better solutions, in favor of maintaining the few energy giants who tied their fortunes to the dollar. The global economies are suffocating from debt that cannot decrease without destroying the economies they built up.

    We all knew this all along. Saudi needs oil revenue to maintain their internal financial obligations. Surprise surprise, now they are selling Bonds. Ha ha lol. Crappy Fracking wells that do nothing but poison our underground fresh water supplies, were selling junk bonds just to stay in business, because every bank in the world knew it wasn’t a viable business.

    Thank God Almighty above, this phony debt based, oil supported financial crap fest is coming to a merciful death.

    Please don’t tell me I do not understand the global ramifications to this. Yeah, I actually do. I pray for the dagger to go right through the black heart of the oil industry. And you should too. The death of the oil industry is not the end of civilization. It’s a new opportunity after this stinking business is dead and buried, and a new adjustment period of 10 to 20 years perhaps, completes. Look to the former USSR for guidance on transition time. Unfortunately, Russia did not learn much, from having the oil price kicked out from under them years ago. Oh well.

    So yeah, let’s kill this bitch (oil that is, black gold, Texas tea)

  • menehem




    adjective: inappropriate — as in not suitable or proper in the circumstances. Example: “There are penalties for inappropriate behaviour.”

    In our times, the common good is increasingly threatened by transnational organized crime, the improper use of the markets and of the economy, as well as by terrorism. The fraud and criminality can be reduced down to press-ganging, personage, barratry, and inland piracy being practiced by the corporate officers and employees of foreign governments acting in violation of their charters and the treaties allowing their operations on the land. These are for the most part capital crimes committed by Members of the Bar Associations, the British Government, the Government of the Westminster City State, the Lord Mayor of London, the Lords of the Admiralty, ELIZABETH II, the “United States Congress” and “UNITED STATES CONGRESS” and others who are in flagrant Breach of Trust, Commercial Contract, and International Treaties establishing and separating the land and sea jurisdictions.

    I suggest that we all cut the crap.

    The word “license” as in “license to practice law” — which clearly indicates that they are involved in activities that would be criminal but for permission granted by someone, somewhere. The “someone” was the British Monarch acting in Breach of Trust in 1845 and secretively issuing Letters of Marque and Reprisal to the Bar Associations. Finally, they fail to notice that the “Statutes” and the Uniform Commercial Code are both held under private copyright. No “Public Documents” can carry a private copyright they are all Public Domain without exception.

    It is therefore necessary for the international community to adopt adequate legal instruments to prevent and counter criminal activities, by promoting international judicial cooperation on criminal matters. The fraud in its entirety is known. The criminality and the perpetrators — are all known. There is no escape. There is no redemption except a thorough repentance, confession of error, and immediate action to correct. Both inland piracy and press-ganging have been outlawed for 200 years. Both carry a range of penalties up to and including capital punishment. Likewise, violation of the Geneva Convention Protocols of 1949, Volume II, Article 3 — the mischaracterization of identity or nationality of civilians — is a death penalty offense.

    In ratifying numerous international conventions in these areas, and acting also on behalf of Vatican City State, the Holy See has constantly maintained that such agreements are effective means to prevent criminal activities that threaten human dignity, the common good and peace. The fraud being committed internationally against innocent people is to defraud them of their property, to steal the identities of the individual living people and to use various forms of personage and credit fraud to enslave them, press-gang them into the foreign international jurisdiction of the sea, and deprive them of their rights and property. This is being done to Americans, Canadians, Australians, English, Scots, Welsh, Irish, German, Japanese, Greek, Italian, French, Danish and most of the people of the Western World by those who have pretended to be Allies and Friends and Trustees under the most solemn kinds of National Trust Indentures, Constitutions (commercial contracts for services) and international treaties and by international banking cartels secretively operating governmental services corporations under conditions of gross deceit and fraud as if these corporations were the lawful government of nations, instead of contractors providing services for pay.

    As it stands the Bar Associations are acting as criminal syndicates on the land and are in gross violation of all Treaties allowing them to operate on the land, and in gross violation of their Charter. All those Bar Association Members who are so viciously pursuing their old trade as inland pirates, insulting their victims, and imagining that their criminality will never be discovered, opposed, and punished — the jig is up. Now all that remains is the outlawing and liquidation of the Bar Associations worldwide and the permanent disgrace of the entire profession.

    With a view to renewing liberty, justice, peace and truth, a commitment to cooperate to these ends, by means of this Letter issued Motu Inaproprio, I establish that:

    1. The competent Judicial Authorities of Vatican City State / Crown shall also exercise penal jurisdiction over:
    a) the crime of interfering with anyone’s natural right of “free-will” the divine law. This is the highest of all laws, for without free-will no entity can be found guilty of any sin, or fulfill the law;

    b) the crime of interfering with anyone’s natural right to contract or not to contract as per their free-will choice.

    2. The crimes referred to in paragraph 1 are to be judged pursuant to the criminal laws in force, without prejudice to the general principles of the legal system on the temporal application of criminal laws.

    3. The following persons are deemed “public officials”:
    a) members, officials and personnel of the various organs of the Roman Curia and of the Institutions connected to it;

    b) papal legates and diplomatic personnel of the Holy See, and all agents/officers of the Crown City of London;

    c) those persons who serve as representatives, managers or directors, as well as persons who even defacto manage or exercise control over the entities directly dependent on the Holy See and listed in the registry of canonical juridical persons kept by the Governorate of Vatican City State / Crown;

    4. When the same matters are prosecuted in other States, the provisions in force in Vatican City State on concurrent jurisdiction shall apply.

    This I decide and establish, anything to the contrary notwithstanding.

    I establish that this Letter issued Motu Inaproprio will be promulgated by its publication in existence, entering into force on 22 June 2015.

    Given in Existence, at the Temple of the Essenes, on 22 June 2015, the first of my Spontificate.

    ESSENE RABBI מְנַחֵם

    .© Copyleft – Eternity is the only Truth

    • Stefan

      Sir, I am not very comforted by your Inappropriate Motion whereby the Vatican’s legal arm exercises any penal jurisdiction over anything. The Vatican is as satanic an organization as anything on earth!!! Am I correct in reading you are looking to the Vatican as a supreme authority? Sounds mighty NWO to me. I rebuke this writing in total, in the name of Yashua and my Heavenly Father.

  • Eric

    I’m noticing a big increase lately in the ornery level of the sheep. Saw 2 guys in their cars get out and yell at each other today. Theyre not recognizing the Jewish scam that is trump either.

    I hope everyone is well stocked up on everything. The less you have to be out around the morons the better.

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