In The News TodayPosted August 18th, 2013 at 12:27 PM (CST) by Jim Sinclair & filed under In The News.
[ Also look at what Jim Sinclair has to say under "Economic Prognosis" to the left as well as all of the articles under the very first folder above: "Home - GOTS: Get Out of the System" ]
Dear CIGAs,
Remember you read it first on JSMineset. You can find it in my interviews with King World News and in my Cyprus commentary.
Between 2008 and 2020:
-The Great Flushing = Lehman Brothers and Cyprus.
-The Great Leveling = The Demise of the Western World economic Middle Class.
-The Great Reset = The Emancipation of physical gold from paper gold as the price determination method. That is my view of Free Gold.
-The implementation of a new currency union which is the "Euro R4 Standard."
Your protection is not accomplished by diving deeper into the system, but by GOTS (getting out of the system).
The Destruction Of America’s Middle Class (In Under Seven Minutes)
Submitted by Tyler Durden on 08/17/2013 21:19 -0400
Asset-Backed Securities
While hardly news to frequent visitors, especially those who recall the following list, anyone who needs a 7 minute refresher into why the US middle class is on collision course with extinction is urged to watch the following brief video which highlights all the salient facts such as:
76% of Americans live paycheck to paycheck
27% of American have no savings at all
46% of Americans have less than $800 in savings
The conversion of America into a part-time working society and the country’s second largest employer – a temp agency.
The college trap and the student loan bubble
And of course, foodstamps, foodstamps, foodstamps and the nearly 50 million poverty-level Americans who need them to survive
Why seven minutes? Because everyone knows that just like you can’t get "six minute abs", so it is impossible to recap the doom of America’s middle class in only six minutes (or, gasp, less).
More
[ Also look at what Jim Sinclair has to say under "Economic Prognosis" to the left as well as all of the articles under the very first folder above: "Home - GOTS: Get Out of the System" ]
Dear CIGAs,
Remember you read it first on JSMineset. You can find it in my interviews with King World News and in my Cyprus commentary.
Between 2008 and 2020:
-The Great Flushing = Lehman Brothers and Cyprus.
-The Great Leveling = The Demise of the Western World economic Middle Class.
-The Great Reset = The Emancipation of physical gold from paper gold as the price determination method. That is my view of Free Gold.
-The implementation of a new currency union which is the "Euro R4 Standard."
Your protection is not accomplished by diving deeper into the system, but by GOTS (getting out of the system).
The Destruction Of America’s Middle Class (In Under Seven Minutes)
Submitted by Tyler Durden on 08/17/2013 21:19 -0400
Asset-Backed Securities
While hardly news to frequent visitors, especially those who recall the following list, anyone who needs a 7 minute refresher into why the US middle class is on collision course with extinction is urged to watch the following brief video which highlights all the salient facts such as:
76% of Americans live paycheck to paycheck
27% of American have no savings at all
46% of Americans have less than $800 in savings
The conversion of America into a part-time working society and the country’s second largest employer – a temp agency.
The college trap and the student loan bubble
And of course, foodstamps, foodstamps, foodstamps and the nearly 50 million poverty-level Americans who need them to survive
Why seven minutes? Because everyone knows that just like you can’t get "six minute abs", so it is impossible to recap the doom of America’s middle class in only six minutes (or, gasp, less).
More