World

‘Real News From The Blaze’: Global Economic Meltdown on the Horizon?

Following the back-breaking U.S. jobs report Friday, the economic news Monday morning was very grim. With employment progress shockingly below expectations in the U.S., the Tokyo market slumped to an almost 28-year low Monday in addition to continued uncertainty in the European Union, investors across financial markets have raised alarm.

Raoul Pal, a former hedge fund manager and Goldman Sachs alum, writes in the Global Macro Investor that he expects a series of sovereign defaults followed by the “biggest banking crisis in world history.“ His presentation on ”A Terrifying Vision of THE END GAME” posted in the Business Insider, predicts coming defaults for the EU, UK, Japan, South Korea and China, the end of the fractional reserve banking system and of fiat money, “the big RESET.”Lofty and troubling assertions in deeed.

On “Real News” Monday the panel discussed the possible incoming economic armageddon, and if there are ways to stop it. Here‘s a clip from Monday’s show:

Comments (7)

  • bustedupvet
    Posted on June 14, 2012 at 2:54am

    So all the computerized numbers blow up…GOOD! Naybe then the United States will wake up and get back to the basic roots it was established with…like the constitution!!!

    Report Post »  
  • Mutiny
    Posted on June 4, 2012 at 10:52pm

    This whole thing is coming to a end soon. We are like one hair away from this whole globe having a economic collapse. Once it collapses the Great Depression will look like a great day. We have two options after the collapse.

    Option one:
    After the rapes, murders, riots, and looting people will be so desperate for order they will do give the global government anything and everything. From there we are under communism and we lose all of our sovereignty.

    Option two:
    After the rapes, murders, riots, and looting people reject what is happening and take charge of what is happening locally. This will lead to the recreation of the United States. We will not be liked and it will more than likely lead to a war against us, but I would rather die fighting for freedom and my family than have my family enslaved.

    Report Post » Mutiny  
  • ROOSTERFISH7.8
    Posted on June 4, 2012 at 9:08pm

    The Arab Spring. The Muslim Brotherhood. N. Korean nukes. Iran’s “ Peacefull ” development of nuclear capabilities. Putin, (read; wants to ressurect the U.S.S.R.) backs and protects the demon Assad, without any imposed limits on butchery. The up coming Euro collapse. Starvation and mass murder thru out the African continent. The Bi-Partisanship that so vehemently divides these “ United States”. Drone strikes anywhere any time ( Judicial review / imput not needed ).
    How long until the masters “ let slip the Dogs of War ” ? Not clean, small wars like Iraq and Afganistan. But WAR. How long till the strategic bombing of Dresden and Tokyo in W.W. I.I. look like a rumble in West Side Story.
    Pray for Mankind. Pray that Man is Kind to our fellow man.

    Report Post »  
  • lukerw
    Posted on June 4, 2012 at 8:37pm

    MATH: if you owe me $50… and I owe you $10… what is your Real Debt? Then if Someone else owes you $30… what, now, is your Real Debt?

    Time to get back to Basics!

    Report Post » lukerw  
  • saranda
    Posted on June 4, 2012 at 8:30pm

    Attached boy gb. This ought to rake in the cash, I mean bring truth to you subscribers. Do people really pay for this drivel?

    Report Post »  
  • Dougral Supports Israel
    Posted on June 4, 2012 at 8:17pm

    Something is going to shake out. There are too many problems surfacing at once. The world economies are tightly linked so if a big one goes down then the rest of the tottering edifice will collapse.

    Report Post »  

Sign In To Post Comments! Sign In

Sign Up For Our Newsletter!

Glenn Beck Radio

Listen to Glenn Beck 24/7 Listen Now
Restoring Love