Saturday , 2 November 2024

John Embry: The Chaos Will Accelerate Before This Ends – It Will Be Cataclysmic! Here's Why

“I find the whole European thing tragic. This situation in Europe is only going to escalate. The problem for the central planners, in the not-too-distant-future, is the can is getting too big to kick down the road. What this means is that the chaos will accelerate.”

So says John Embry in his latest interview with Eric King of King World News which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) suggests you read in its entirety here. This paragraph must be included in any article re-posting to avoid copyright infringement.

Embry concludes his comments by saying:

“I talk to a lot of people and the general mindset is that what is happening right now is just business as usual — There are problems but we can deal with them. That’s the typical mindset that’s out there…but before this ends, it will be cataclysmic.”

Take Note:

  • Go here to sign up to receive Your Daily Intelligence Report with links to the latest articles posted on munKNEE.com. It’s FREE!
  • An easy “unsubscribe” feature is provided should you decide to cancel at any time.

 Related Articles:

 1. European Sovereign Debt Crisis to End in a Catastrophic, Painful, Epic Meltdown! Are You Financially Prepared?

time

I have a sinking suspicion – a feeling I just can’t shake – based on multiple fundamental, technical, and timing indicators….[that] the end is near. I’m not talking about some Mayan calendar apocalypse kind of thing….[but] a catastrophic, painful, epic meltdown-type endgame for this European sovereign debt crisis…[[Let me explain why I see that to be the eventual outcome.] Words: 810

2. What Follows Will Not be Pretty for U.S. Stock Market & Financial System – Here’s Why

stockcrashimages-1

The US Federal Reserve, which has been the life-support for the U.S. economy (for better or for worse), is finally discovering that its policies and theories don’t actually apply [in] the real world….This means that the primary prop underneath the U.S. stock market and financial system (namely Fed intervention) is slowly being removed. What follows will not be pretty and smart investors should be taking steps now to prepare in advance. Words: 350

3. Campbell Comments On: “Is This 1931 All Over Again? Krugman, Roubini and Ferguson Think So!”

economy-financial-black-hol

Why read: It is foolish not to consider the possibility of depression, particularly in the face of the preponderance of commentary over the past many months that rampant inflation is on the horizon. [Here I review, analyze and comment on one such article on that possibility.] Words: 697

4. Probability of Global Recession Increasing – Here’s Why

recession1

This past week we received the latest PMI readings for the world as a whole (48.9), the eurozone (46.4), and for 30+ individual countries [Read: Telling It Like It Is: Latest PMIs Reveal Truth About the Global Economy]…and the latest numbers signal contraction and even more so when adjusted to reflect the concentration of GDP by countries/region. [Let me explain.] Words: 600

5. Optimism Regarding U.S. Economy is Misplaced – Here’s Why

Recovery-Recession

I am amused by the Shadow Weekly Leading Index Project which claims the probability of recession is 31%. I think it is much higher….Let’s take a look at why. Words: 530

6. These 63 Charts Say: The Economy Is MUCH More Important Than the Election or Either Political Party

economy8

“The most important issue in this year’s election is the economy. Unfortunately, this topic has now been “politicized,” which means that you can’t talk about it without being instantly cheered or jeered by fans of each respective political team…[the truth of the matter, however, is that] the economy is much more important than this year’s election or either political team….The first step is getting past the political blame-game and understanding what’s wrong…. Let’s go to the charts.”

7. David Rosenberg: These 51 Charts Show the Economy to be a Total Disaster

economic-train-wreck

The U.S. economic recovery has been weak and the looming fiscal cliff threatens to act as a further drag on the economy. Europe is imploding with the chances of a ‘Grexit’ increasing, and Spain’s economy deteriorating and risking contagion. David Rosenberg looks at the state of the U.S. and global economy via 51 depressing charts.

8. U.S Likely to Hit the Financial Wall by 2017! Here’s Why

3b4cb322448cb9ca543ce1064c56

The deficits aren’t going to stop anytime soon. The debt mountain will keep growing…Obviously, the debt can’t keep growing faster than the economy forever, but the people in charge do seem determined to find out just how far they can push things….The only way for the politicians to buy time will be through price inflation, to reduce the real burden of the debt, and whether they admit it or not, inflation is what they will be praying for….[and] the Federal Reserve will hear their prayer. When will the economy reach the wall toward which it is headed? Not soon, I believe, but in the meantime there will be plenty of excitement. [Let me explain what I expect to unfold.] Words: 1833

9. This Will NOT End Well – Enjoy It While It Lasts – Here’s Why

Capture(74)

…The US Government and its catastrophic fiscal morass are now viewed by the world as a ‘safe haven’. This would easily qualify for a comedy shtick if it weren’t so serious….[but] the establishment is thrilled with these developments because it helps maintain the status quo of the dollar standard era. However, there are some serious ramifications that few are paying attention to and are getting almost zero coverage from traditional media. [Let me explain what they are.] Words: 1150

10. Jim Sinclair: ‘The End Is Not Near, It Is Here and Now’

Capture(74)

Jim Sinclair is now warning… that ‘The end is not near, it is here and now’ in reference to the global financial system…[and] reiterating his long held view that there will be “QE to infinity” despite the denials of Bernanke and other central bankers. [He also has some interesting things to say about gold and alarming things to say about the euro. Read on.] Words: 305

11. Fitzwilson: Governments/Economies/Societies Converging On a Common Dead End of Historic Proportions

315064-watch-1325431935-115-640x480

“The financial markets continue to show extreme volatility as the various institutions and governments deal with the end of their respective roads….Governments, economies and societies are converging on a common dead end, and it is a dead end of historic proportions….There will come a moment when this dysfunctional system can be sustained no longer. It is not inevitable. There is still time for rational behavior and solutions, but that time is short.”

12. Embry: Global Financial Crisis II is Coming – and It Will Be Even Worse! Here’s Why

global_economic_crisis

“Either you take the debt clean-out right away, and that means a very hard deflationary depression, or you do what I suspect they will try to do and that is keep pumping money into the system to keep the whole banking (system), derivatives and economies afloat [and] that will lead to some sort of monetary distress that could end in hyperinflation. I think that’s the worst outcome, but there is no good outcome.”