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Global Economy Imploding Now-Warren Pollock

from USA Watchdog:

Warren Pollock warns the global economy is headed for a brick wall.

Pollock explains, “It’s good you are using the term brick because that’s the part of the economy which is crashing first, the emerging markets, the BRICS (Brazil, Russia, India, China and South Africa). That’s on the edge of empire, and now it is imploding inward. So, we can look at all of these peripheral economies, and that’s where the crash has occurred right now. When you talk about crash and people asking, ‘When is this going to happen?’ It’s happening right now, but it is not happening at the center of empire, it’s happening on the extremities of empire. These emerging markets, these miracle economies, the few countries in the world that had productive economies, they’ve hit a brick wall. They’ve crashed. China has crashed. When you look at Brazil–crash. When you look at Russia–crash. When you look at oil prices–crashing now. People keep asking when is this blowing up? And the answer is it’s blowing up right before your eyes right now, this minute. The domestic indicator is the declining velocity of money.”

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3 comments to Global Economy Imploding Now-Warren Pollock

  • tomche

    Greg,

    Best interview I have seen you do in ages….and Warren was goos as well. Thanks!

  • Craig escaped from Detroit

    The Awakening continues. Bravo!

    Lay Low, reduce your footprint, reduce how much you PAY into the elite systems. Preserve your own wealth. Don’t fall into the trap of “things” or investments they can tax.

    Lots of great stuff in this interview.

    Drill your OWN WELL. (there are MANY different ways of doing it,, here is ONE such video)

  • Wildbill

    This is the guy you need to have on SGT Report. He is so much more credible than some other guests, and I have followed him for a decade and he has been spot on.

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