Warren Pollock: We Are Headed for War Because There Is No Truth!
[youtube=https://www.youtube.com/watch?v=orOujvNK8bo]
- Warren Pollock: We Are Headed for War Because There Is No Truth!
by Greg Hunter’s USAWatchdog.com
Wall Street analyst Warren Pollock said six months ago that the “damage control (about the bad global economy) was going to start to wear off in 2015.” What are the signs the spin is wearing off? Pollock says, “Go to your super market, and that is a sign the damage control is wearing off. Prices are going up, and the quality of food is going down. The numbers of ounces on each package are going down . . . This is the damage control wearing off. A lot of people don’t have that purchasing power, and they won’t have that purchasing power in deflation or inflation. When framing an issue, why do we even frame it as inflation or deflation? Why not just talk about purchasing power? Ask our government, how come my purchasing power has gone away. Why do I have to take a seven year loan to buy a car?”
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Pollock contends we are headed for a big failure and says, “For sure, and the small failures are expressing every single day, and they are absolutely noticeable if you care to notice them. . . . Look at the legislation they are passing. Look at changes to the law in terms of banking and derivatives. Before the mortgage blowup, we had changes to the bankruptcy law. Before student loans blew up, there were changes to the bankruptcy laws. Before derivatives blow up, there are changes to the law and how they are handled by the FDIC. They just did that in December. That’s predicting a coming derivatives market failure absolutely.”
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Pollock goes on to say, “We might have a dramatic inflection point such as a nuclear reactor exploding or a war with Pakistan. That is an area where the press sort of leaked out the reality. They did this in a show called “Homeland,” and they were smacked down because they were talking about Pakistan. They were told not to talk about Pakistan.”
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