Broadcast which can be seen here
https://www.youtube.com/watch?v=khQD0-o3_SQLyndon LaRoche forecasts financial
collapse on the 1st of January. The significance of the date arises because
huge debts which are due to be repaid on that date will be defaulted.The law in
American and I think here is that private depositors, i.e you and me will have
your deposits confiscated to bail out the banks.Lyndon LaRoche has led a
chequered career as his huge Wikipedia page shows. His successes include
accurately forecasting financial crashes. He predicts that the Jan 1st one will
be global and the biggest ever due to the amount of debt involved.Aside of this
his Wikipedia page shows that he has done some very dubious things to try and
control the thinking of populations. So he could be up to his old tricks here.
The prediction of the date whether right or wrong I think is bound to happen
sometime because of the ever increasing debts that governments accrue. In this
country, despite the austerity we are still borrowing more and increasing our
debt.
LaRoche sees the taking of private savers deposits as bad news. Me, I think
that yes it will be hard but it will be the wake up call to the public which
will show them how corrupt our government is.This will hurt most people who
will start to take notice of those who propose a way to regain a sensible money
system like the Bradbury £ or something similar.
If you are like me I find this far more interesting than watching fictional
films. It has certainly shown me things that I did not previously know. JohnT
Subject: LaRouche warns of a new financial collapse at the beginning January
From: info@xxxxxxxxxxxxxxx
To: johntimbrell@xxxxxxxxxx
Date: Thu, 24 Dec 2015 03:06:51 +1100
The value of a nation is not in its money.
No Images? Click here
New "bail-in" rules are coming to save the banks --
while your family gets the chopping block.john -- Lyndon LaRouche called upon
his supporters tonight to engage in direct action every day of this holiday
period to prevent financial catastrophe on January 1st or 2nd. The case for
this will be fully presented in an emergency webcast to air at 8pm Eastern /
5pm Pacific, Wednesday evening. Tonight’s Broadcast Schedule
(December 23)8pm Eastern / 5pm Pacific - Emergency Webcast on the Financial
Collapse, with EIR counterintelligence director Jeff Steinberg.9pm Eastern /
6pm Pacific - LIVE. Lyndon LaRouche discusses these topics and much more with
LaRouchePAC activists nationwide.
Watch at LaRouchePAC.com
The international credit bubble, built by the major banks and the
Obama Administration after the economic collapse of 2008 is now collapsing at
an accelerated rate -- a collapse now visible in the oil, manufacturing, and
commodities markets, and the Puerto Rico default, and spreading rapidly to the
entire over-leveraged Wall Street gambling casino.
On January 1st, so-called bail-in financial rules go into effect
internationally, allowing the bankrupt too big to fail banks to be bailed out
by theft of the funds of their own depositors, an event which already happened
on a small scale during the Cyprus crisis. Aware of the accelerating collapse,
Congress left Washington without even speaking openly about it. Having done
so, LaRouche emphasized, they betrayed the nation.
Right now, Glass-Steagall, the first essential measure to staunch the
collapse, is simply an idea tossed around in Democratic Party debates.Right
now, the types of preventative emergency survival measures which FDR put in
place to prevent social chaos and gainfully employ the population during a
period of economic collapse remain as quaint historical relics, if that, in the
minds of a Congress which Wall Street has so far successfully bought. This will
come down fast, by January 1st or 2nd, LaRouche emphasized, unless
an engaged and determined population finds the courage to force the issue.We'll
be continually covering this new round of financial collapse, stay tuned to
LaRouchePAC.com.
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