Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
Inflation Consequences for the Stock Market, FED Balance Sheet - 24th Oct 21
To Be or Not to Be: How the Evergrande Crisis Can Affect Gold Price - 24th Oct 21
During a Market Mania, "no prudent professional is perceived to add value" - 24th Oct 21
Stock Market S&P500 Rallies Above $4400 – May Attempt To Advance To $4750~$4800 - 24th Oct 21
Inflation and the Crazy Crypto Markets - 23rd Oct 21
Easy PC Upgrades with Motherboard Combos - Overclockers UK Unboxing - MB, Memory and Ryzen 5600x CPU - 23rd Oct 21
Gold Mining Stocks Q3 2021 - 23rd Oct 21
Gold calmly continues cobbling its Handle, Miners lay in wait - 23rd Oct 21
US Economy Has Been in an Economic Depression Since 2008 - 22nd Oct 21
Extreme Ratios Point to Gold and Silver Price Readjustments - 22nd Oct 21
Bitcoin $100K or Ethereum $10K—which happens first? - 22nd Oct 21
This Isn’t Sci-Fi: How AI Is About To Disrupt This $11 Trillion Industry - 22nd Oct 21
Ravencoin RVN About to EXPLODE to NEW HIGHS! Last Chance to Buy Before it goes to the MOON! - 21st Oct 21
Stock Market Animal Spirits Returning - 21st Oct 21
Inflation Advances, and So Does Gold — Except That It Doesn’t - 21st Oct 21
Why A.I. Is About To Trigger The Next Great Medical Breakthrough - 21st Oct 21
Gold Price Slowly Going Nowhere - 20th Oct 21
Shocking Numbers Show Government Crowding Out Real Economy - 20th Oct 21
Crude Oil Is in the Fast Lane, But Where Is It Going? - 20th Oct 21
3 Tech Stocks That Could Change The World - 20th Oct 21
Best AI Tech Stocks ETF and Investment Trusts - 19th Oct 21
Gold Mining Stocks: Will Investors Dump the Laggards? - 19th Oct 21
The Most Exciting Medical Breakthrough Of The Decade? - 19th Oct 21
Prices Rising as New Dangers Point to Hard Assets - 19th Oct 21
It’s not just Copper; GYX indicated cyclical the whole time - 19th Oct 21
Chinese Tech Stocks CCP Paranoia, VIES - Variable Interest Entities - 19th Oct 21
Inflation Peaked Again, Right? - 19th Oct 21
Gold Stocks Bouncing Hard - 19th Oct 21
Stock Market New Intermediate Bottom Forming? - 19th Oct 21
Beware, Gold Bulls — That’s the Beginning of the End - 18th Oct 21
Gold Price Flag Suggests A Big Rally May Start Soon - 18th Oct 21
Inflation Or Deflation – End Result Is Still Depression - 18th Oct 21
A.I. Breakthrough Could Disrupt the $11 Trillion Medical Sector - 18th Oct 21
US Economy and Stock Market Addicted to Deficit Spending - 17th Oct 21
The Gold Price And Inflation - 17th Oct 21
Went Long the Crude Oil? Beware of the Headwinds Ahead… - 17th Oct 21
Watch These Next-gen Cloud Computing Stocks - 17th Oct 21
Overclockers UK Custom Built PC 1 YEAR Use Review Verdict - Does it Still Work? - 16th Oct 21
Altonville Mine Tours Maze at Alton Towers Scarefest 2021 - 16th Oct 21
How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
The Only way to Crush Inflation (not stocks) - 14th Oct 21
Why "Losses Are the Norm" in the Stock Market - 14th Oct 21
Sub Species Castle Maze at Alton Towers Scarefest 2021 - 14th Oct 21
Which Wallet is Best for Storing NFTs? - 14th Oct 21
Ailing UK Pound Has Global Effects - 14th Oct 21
How to Get 6 Years Life Out of Your Overclocked PC System, Optimum GPU, CPU and MB Performance - 13th Oct 21
The Demand Shock of 2022 - 12th Oct 21
4 Reasons Why NFTs Could Be The Future - 12th Oct 21
Crimex Silver: Murder Most Foul - 12th Oct 21
Bitcoin Rockets In Preparation For Liftoff To $100,000 - 12th Oct 21
INTEL Tech Stock to the MOON! INTC 2000 vs 2021 Market Bubble WARNING - 11th Oct 21
AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
Stock Market Wall of Worry Meets NFPs - 11th Oct 21
Stock Market Intermediate Correction Continues - 11th Oct 21
China / US Stock Markets Divergence - 10th Oct 21
Can US Save Taiwan From China? Taiwan Strait Naval Battle - PLA vs 7th Fleet War Game Simulation - 10th Oct 21
Gold Price Outlook: The Inflation Chasm Between Europe and the US - 10th Oct 21
US Real Estate ETFs React To Rising Housing Market Mortgage Interest Rates - 10th Oct 21
US China War over Taiwan Simulation 2021, Invasion Forecast - Who Will Win? - 9th Oct 21
When Will the Fed Taper? - 9th Oct 21
Dancing with Ghouls and Ghosts at Alton Towers Scarefest 2021 - 9th Oct 21
Stock Market FOMO Going into Crash Season - 8th Oct 21
Scan Computers - Custom Build PC 6 Months Later, Reliability, Issues, Quality of Tech Support Review - 8th Oct 21
Gold and Silver: Your Financial Main Battle Tanks - 8th Oct 21
How to handle the “Twin Crises” Evergrande and Debt Ceiling Threatening Stocks - 8th Oct 21
Why a Peak in US Home Prices May Be Approaching - 8th Oct 21
Alton Towers Scarefest is BACK! Post Pandemic Frights Begin, What it's Like to Enter Scarefest 2021 - 8th Oct 21
AJ Bell vs II Interactive Investor - Which Platform is Best for Buying US FAANG Stocks UK Investing - 7th Oct 21
Gold: Evergrande Investors' Savior - 7th Oct 21
Here's What Really Sets Interest Rates (Not Central Banks) - 7th Oct 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Alan Greenspan Warns That Venezuelan Style Martial Law Will Soon Come To The US

Politics / US Politics May 31, 2016 - 06:17 AM GMT

By: Jeff_Berwick

Politics

It seems barely a day passes now without some big name person warning of imminent collapse.  The latest is Alan Greenspan.

In an interview on Thursday he told Fox News that Venezuela is now under martial law and that “America is next.” He said that what was happening in Venezuela was inevitably going to take place in the US.


I agree with this.  In fact, we said this exact thing just last week with our article, “Venezuela Descends Into Chaos… Europe and US Next.” Funny enough, a few brainwashed sheeple said we were crazy for saying it.  Now Greenspan has said the same thing… is he crazy?  Actually, don’t answer that.

But while we agree with Greenspan that crisis is coming to the US, that’s where our agreement ends.  We say it is coming to the US because the conditions in the US are not that much different than Venezuela – and the globalist plan is to turn the entire world into Venezuela.

Greenspan, on the other hand, is already trying to divert attention from the real cause of Venezuela’s problems: the government and central banking.

Instead, he explained that the reason the US would end up like Venezuela involved a “global problem of a shortage of productivity growth.” It is this lack of productive growth that creates and expands an economic crisis, he claimed.

This is Greenspeak at its finest.  The problems in Venezuela aren’t due to an extreme socialist government and a Keynesian money-printing central bank, according to him… no, the problem is just that things aren’t growing fast enough!

Well, to an extent that is true.  Things aren’t growing at all in Venezuela. In fact they are imploding at a rate I’ve never personally witnessed before.  But that isn’t the root cause of the problem.  The reason why Venezuela’s economy isn’t growing is BECAUSE of the government and the central bank!

Of course, you’ll never hear a central bankster admit that.  The problem is never them. It’s always some obtuse economic buzzphrase like a “lack of productivity growth.”

Greenspan continued by downplaying the role of central banking and government in the Venezuela disaster.  He then focused on the Federal Reserve and continued his lying. He said what the Fed did now was less important than what the markets did. While more money was available, actual production was not. Too many older people and too few resources. That was the problem.

This is how Greenspan is explaining the expanding crisis of debt, socialism and price inflation. It is coming from lack of productivity.

Additionally, older workers prefer to be recipients of “social benefits” and this also has a negative impact on productivity, he claimed. He warned that if the US, for instance, could not move productivity up from around two percent, social benefits and other obligations start to become impossible to fund.

So, once again, the problem isn’t that the government created a Ponzi scheme we call Socialist InSecurity. The problem is that the markets aren’t creating enough wealth to fund said Ponzi scheme.

And that necessary growth is impossible.  Between central bank monetary manipulation, managed trade, regulatory demands and currency debasement, modern Western economies are barely functioning at all. Only the largest multinationals can manage to survive competitively in such an environment, and many of them are not exactly thriving.  Even Coca Cola has had to pull out of Venezuela and now Lufthansa has cut flights to the country.

Greenspan wants to blame the West’s industrial slump on a lack of productivity and “growth.” This is propaganda, and he knows it is.  And if he doesn’t know it then he’s swallowed too much Keynesian Kool-Aid.  Go home Greenspan, you’re drunk.

The main cause of ruin over time is central bank money debasement – not some mysterious missing “growth.” And government generally makes things worse via regulations, taxation and debt.

Greenspan should know this. He’s not a stupid man.

But Greenspan is part of the central banking clique. He does what he’s told to do. And he is obviously supposed to make sure that people do not blame central banking, regulations and other government activities for the perma-depression that is now taking place in Venezuela, Latin America, Asia, China and the West.

There is, in fact, worse to come, as we  have often pointed out. This year, Jubilee 2016, is a “building year” for world government. The EU for instance is creating a pan-European army and is also “giving” all European residents tax ID numbers. And China is adding the yuan to the International Monetary Fund’s SDR currency basket on October 1st, just the day before the Jubilee Year ends on October 2nd.

Things are not going to get any better in 2016, only worse. The idea is obviously to create convulsive economic chaos that will help usher in a new economic order. In the meantime, Greenspan is supposed to distract your attention.

I went to Venezuela recently as you probably know and predicted just what Greenspan is talking about. But unlike Greenspan, I blamed the problems that Venezuela is having on an oppressive government and destructive central bank policies. That’s obvious to anyone who looks at Venezuela without an agenda. But Greenspan and his crowd have an agenda. They want globalism, and they want it soon. And they will mislead, cheat and destroy to get what they want.

I’m proud to say that The Dollar Vigilante, along with some other alternative financial publications, stands in their way. If you want to track the lies on a regular basis, and then  figure out what you need to do to protect yourself and even profit from their agenda, I’d  urge you to sign up for our TDV newsletter HERE.

We’ve now had George Soros, Carl Icahn, Stanley Druckenmiller, Jim Rogers, the IMF and the World Bank warn that we are on the verge of a crisis of biblical proportions.  Greenspan even said that what is happening in Venezuela, complete with martial law, will come to the US.  At what point do you start to listen and begin to protect yourself?

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in