Uploaded by GeraldCelenteChannel on 13 Oct 2011
Gerald Celente - Mike Broomhead 550 KFYI - 10 October 2011
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Thursday, 13 October 2011
Gerald Celente - Mike Broomhead 550 KFYI - 10 October 2011
October 13, 2011 Midday Metals Report
Uploaded by IraEpsteinFutures on 13 Oct 2011
Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales: 866-973-2077
Kitco Audio: Thursday's gold and silver markets don't say much for the f...
Uploaded by EvenKeelMedia on 13 Oct 2011
October 13th, 2011: Al and Trader Rog discuss why they believe there is not much to be read into the future about today's gold and silver market.
To learn more visit:
http://kereport.com
http://evenkeelmedia.com
Gerald Celente & Alvin Toffler Revolutionary Wealth 2011
Uploaded by 2012goodlife on 6 Jan 2011
http://www.internetopportunities.co/24685 Gerald Celente founder of Trends Research institute and Alvin Toffler former associate editor of Fortune magazine,known for his works discussing the Digital Revolution."The Industrial Age is over.We now live in a Knowledge Based Economy. We are living in a time of the greatest transfer of Wealth in history"
Gerald Celente - Revolutions do not work Oct 10 2011
Gerald Celente - Revolutions do not work
Gerald Celente - The Neal Larson Show - 10 October 2011
Gerald Celente : October is the month of the collapse , the only thing that have been keeping this thing afloat is printing all this digital money not worth the paper it is not printed on , we will see more and more social unrest these are not only in America it is a worldwide phenomenon ,, right now Obama will be a winner in the elections if nothing changes in the republican camp , Obama will keep playing that populist card even though he is not ....Revolutions do not work look at Egypt Tunisia Greece , what we need is direct democracy , if we can bank online we can vote online , let's vote on all major issue if you want the drug war to continue or to stop let's vote on it ...
Lindsey Williams & Chris Waltzek - Oct. 11, 2011
Uploaded by DollarFall on 12 Oct 2011
go to http://lindseywilliams101.blogspot.com for more Lindsey Williams interviews
Lindsey Williams & Chris Waltzek - Oct. 11, 2011
Pastor Lindsey Williams is back on Goldseek Radio 11th October 2011 , after 3 months of absolute silence with no radio interviews , finally Pastor Lindsey Williams is back with more explosive revelations from his sources , here are some key points , 2012 will be the most unusual and event full year in 2000 years , The elite want to create massive debt before they have a crash , the elite want to create the type of debt you see in Greece in every country in the world and they want to create it before they bring about the crash , the name of the game is CONTROL , Greece is going to default , the elite are buying the Greece bonds because they know that when Greece defaults for all practical reasons they will own that country , the elite want to control countries , it is globalism in its most despotic sense , they want every city in America to declare bankruptcy , By the end of 2012 all private fortunes will be lost that are secured with PAPER , you must secure your assets , The elite have secured their assets in Gold and Silver and they do not have them in paper , Bonds 401Ks Shares fiat currencies etc....Syria will be the next country in the Middle East to fall , their plan for the middle east is 3 months behind because of Gaddafi . Social Security welfare checks and food stamps will not be cut off UNTIL the US will default on its debt and that will be in 2 to 3 years , the elite do not want riots and civil unrest this Occupy Wall street is not what the elite want ....Fear is one of their tactics and they are using it from now to 2012 , fear shuts down the human brain , they want your brains shut down , America will be like Greece within 3 years , there is right now immense discord amongst the elite of the world ....they know that there is something very unusual that will happen in 2012 something in the spiritual realm , they do not know what , the elite have a devil's Messiah in program for 2012
It's in all our interests to understand how to stop another Great Depression
When a man like Steve Keen says the trillions spent on refinancing the banks has truly stuffed us, we really should listen
Illustration by Daniel Pudles
I stumbled out into the autumn sunshine, figures ricocheting around my head, still trying to absorb what I had heard. I felt as if I had just attended a funeral: a funeral at which all of us got buried. I cannot claim to have understood everything in the lecture: Sonnenschein-Mantel-Debreu theory and the 41-line differential equation were approximately 15.8 metres over my head. But the points I grasped were clear enough. We're stuffed: stuffed to a degree that scarcely anyone yet appreciates.
Professor Steve Keen was one of the few economists to predict the financial crisis. While the OECD and the US Federal Reserve foresaw a "great moderation", unprecedented stability and steadily rising wealth, he warned that a crash was bound to happen. Now he warns that the same factors that caused the crash show that what we've heard so far is merely the first rumble of the storm. Without a radical change of policy, another Great Depression is all but inevitable.
The problem is spelt out at greater length in the new edition of his book Debunking Economics. Like his lecture, it is marred by some unattractive boasting and jostling. But the graphs and figures it contains provide a more persuasive account of the causes of the crash and of its likely evolution than anything that has yet emerged from Constitution Avenue or Threadneedle Street. This is complicated, but it's in your interests to understand it. So please bear with me while I do my best to explain.
The official view, as articulated by Ben Bernanke, chairman of the Federal Reserve, is that both the first Great Depression and the current crisis were caused by a lack of base money. Base money, or M0, is money that the central bank creates. It forms the reserves held by private banks, on the strength of which they issue loans to their clients. This practice is called fractional reserve banking: by issuing amounts of debt several times greater than their reserves, the private banks create money that didn't exist before. Conventional economic theory predicts that when the central bank raises M0, this triggers a "money multiplier": private banks generate more credit money (M1, M2 and M3), boosting economic growth and employment.
Bernanke, echoing claims by Milton Friedman, believed that the first Great Depression in the US was propelled by a fall in the supply of M0, which, he said, "reinforced … declines in the money multiplier". But, Keen shows, there is a weak association between M0 supply and depression. There were six occasions after the second world war when M0 supply fell faster than it did in 1928 and 1929. On five of these occasions there was a recession, but nothing resembling the scale of what happened at the end of the 1920s. In some cases unemployment rose when the rate of M0 growth was high and fell when it was low: results that defy Bernanke's explanation. Professor Keen argues that it's not changes in M0 that drive unemployment, but unemployment that triggers changes in M0: governments issue more cash when the economy runs into trouble.
He proposes an entirely different explanation for the Great Depression and the current crisis. Both events, he says, were triggered by a collapse in debt-financed demand. Aggregate demand in an economy like ours is composed of GDP plus the change in the level of debt. It is the sudden and extreme change in debt levels that makes demand so volatile and triggers recessions. The higher the level of private debt, relative to GDP, the more unstable the system becomes. And the more of this debt that takes the form of Ponzi finance – borrowing money to fund financial speculation – the worse the impact will be.
Keen shows how, from the late 1960s onwards, private sector debt in the US began to exceed GDP. It built up to wildly unstable levels from the late 1990s, peaking in 2008. The inevitable collapse in this rate of lending pulled down aggregate demand by 14%, triggering recession.
This should be easy enough to see with the benefit of hindsight, but what lends weight to Keen's analysis is that he saw it with the benefit of foresight. In December 2005, while drafting an expert witness report for a court case, he looked up the ratio of private debt to GDP in his native Australia, to see how it had changed since the 1960s. He was astonished to discover that it had risen exponentially. He then did the same for the United States, with similar results. He immediately raised the alarm: here, he warned, were the conditions for an economic crisis far greater than those of the mid-1970s and early 1990s. A massive speculative bubble was close to bursting point. Needless to say, he was ignored by policymakers.
Now, he tells us, a failure to address these problems will ensure that this crisis will run and run. The "debt-deflationary forces" unleashed today "are far larger than those that caused the Great Depression". In the 1920s, private debt rose by 50%. Between 1999 and 2009, it rose by 140%. The debt-to-GDP ratio in the US is still much higher than it was when the Great Depression began.
If Keen is right, the crippling sums spent on both sides of the Atlantic on refinancing the banks are a complete waste of money. They have not and they will not kickstart the economy, because M0 money supply is not the determining factor.
President Obama justified the bank bailout on the grounds that "a dollar of capital in a bank can actually result in eight or 10 dollars of loans to families and businesses. So that's a multiplier effect." But the money multiplier didn't happen. The $1.3 trillion that Bernanke injected scarcely raised the amount of money in circulation: the 110% increase in M0 money led not to the 800% or 1,000% increase in M1 money that Obama predicted, but a rise of just 20%. The bail-outs failed because M0 was not the cause of the crisis. The money would have achieved far more had it simply been given to the public. But, as Angela Merkel and Nicolas Sarkozy demonstrated over the weekend, governments have learnt nothing from this failure, and seek only to repeat it.
Instead, Keen says, the key to averting or curtailing a second Great Depression is to reduce the levels of private debt, through a unilateral write-off, or jubilee. The irresponsible loans the banks made should not be honoured. This will mean taking many banks into receivership. Otherwise private debt will sort itself out by traditional means: mass bankruptcy, which will generate an even greater crisis.
These are short-term measures. I would like to see them leading to a radical reappraisal of our economic aims and moves to develop a steady-state economy, of the kind proposed by Herman Daly and Tim Jackson. Governments and central bankers now have an unprecedented opportunity to learn from the catastrophic mistakes they've made. It is an opportunity they seem determined not to take.
• A fully referenced version of this article can be found on George Monbiot's website
Why Are We All in Debt Part 1 Of 4
Uploaded by abudujanah2010 on 13 Jun 2010
Tarek El Diwany author of 'the problem with interest', presents this educational documentary on the history of the current monetary system and its problem.
For more information on Tarek El Diwany and for a list of his publications please visit the following websites:
http://www.islamic-finance.com/indexnew.htm
http://www.theproblemwithinterest.com/
Major Market Crash & Violence at Occupy Wall Street?!
Uploaded by DEMCAD on 12 Oct 2011
The economic depression is escalating. This is my (DEMCAD) discussion with veteran market trader Dex (Pulsescan72) about what he describes as the largest single day DROP in stock market history coming very soon and how ugly the protests will get on Wall Street.
This video was recorded on Oct 12th, 2011. My name is Reginald Kaigler (DEMCAD) and the caller is Dex(Pulsescan72). My predictions are educated guesses based on economic data. However, I encourage everyone to conduct his or her own research.
Bonds Show 60% Odds of Recession
http://www.bloomberg.com/news/2011-10-11/bonds-showing-60-chance-of-recession...
Gerald Celente Talks To King World News
Gerald Celente will show you the future. Forecasting trends since 1980, Mr. Celente, Founder & Director of the Trends Research Institute, is author of the highly acclaimed and best selling books, Trend Tracking and Trends 2000 (Warner Books) and publisher of the Trends Journal®.
Click Here For The Full Mp3
Click Here For The Full Mp3
Kerry Lutz - Interview with Ron Hera - 10-12-2011
Uploaded by bobchapmanradio on 12 Oct 2011
Ron Hera of heraresearch.com joins us for a discussion of monetary mismanagement, fiat currency, why gold and silver are your best bets in this awful economic period. Ron states that we never really came out of the 2009 economic collapse and that we are headed for more rough economic waters. Ron's background makes him ideally suited to discuss these issues. He's a self described "escapee" from Silicon Valley, California. Originally a serial entrepreneur and private investor in communications software and mobile technology, Ron turned his attention to investing in natural resources, such as precious metals, after the dot-com bubble and stock market crash of 2000. He knows what he's talking about so please pay attention.
Please send your questions to kl@kerrylutz.com or call us at 347-460-LUTZ.
Bob Chapman - Financial Survival - October 12, 2011
Uploaded by bobchapmanradio on 12 Oct 2011
visit: http://bobchapmanradio.com
You are listening to Financial Survival.
http://www.theamericanvoice.com/
http://www.discountgoldandsilvertrading.net/Radio_Show.htm
Alex Jones & Max Keiser 12 Oct 2011
Infowars.com With Alex Jones > Bring Back The Guillotine: Max Keiser
http://maxkeiser.com/
Uploaded by TheAlexJonesChannel on 12 Oct 2011
On the Tuesday, October 11 edition of Infowars Nightly News, Alex talks with broadcaster, film-maker, and former equities broker Max Keiser on the latest developments in the European Union and the move toward totalitarianism on the part of the globalists.http://maxkeiser.com/
Goldman Sachs Rules The World : Trader, Alessio Rastani on The Alex Jones Show
Uploaded by TheAlexJonesChannel on 12 Oct 2011
Alex talks with Alessio Rastani, a trader who claimed late last month that financial vampire Goldman Sachs rules the world.http://www.leadingtrader.com/about/
ECB 2 Trillion Euro Bailout -Nigel Farage Rant
Uploaded by EX0MATRlXTV on 12 Oct 2011
~new: http://occupyamsterdam.nl & http://occupydenhaag.org ~credits: http://youtube.com/UKIPmeps & http://ukipmeps.org• European Parliament, Brussels - 12 October 2011
• Speaker: Nigel Farage MEP, UKIP, Co-President of the EFD Group in the European Parliament (Europe of Freedom and Democracy)
• Debate: Preparation for the European Council meeting (23.10.2011) - With Mikołaj DOWGIELEWICZ (Council Member, Polish EU presidency) and José Manuel Barroso (Commission President)
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Video Source: EbS - European Parliament
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EU Member States: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, United Kingdom
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