Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

A Tsunami of Finance: German Expert Warns of Imminent Collapse of 'World Casino'

October 16, 2017 by mosesman

  • A Tsunami of Finance: German Expert Warns of Imminent Collapse of ‘World Casino’
    by https://sputniknews.com/
    Financial expert Ernst Wolff gives Sputnik a taster of his new book, which warns that dependence on the financial industry and the US dollar has created a “financial tsunami,” the consequences of which the world is wholly unprepared for.
    –
    Financial expert Ernst Wolff, author of a bestselling analysis of the International Monetary Fund‘s “modern day crusade against the working people on five continents,” has turned his attention to the global financial system in his latest book.
    –
    Wolff sees the financial system at risk of imminent collapse and likens it to a “Financial Tsunami” which threatens to take us all by surprise, leaving devastation in its wake.
    –
    In a taster of the book’s contents, he told Sputnik Deutschland that the US-based financial industry has been on “life support” since the 2008 crisis and its prognosis “doesn’t look good.”
    –
    “The patient is about 75 years old. Our financial system was founded in in Bretton Woods, USA in 1944. The patient is in great difficulty because in 1998 and a second time in 2007/2008, he almost died. Since this second crisis, he has only been kept alive artificially. The financial system is lying in the intensive care unit.”
    –
    While most countries have a state central bank, US monetary policy is conducted by the Federal Reserve, a consortium of 12 regional banks in which commercial banks own shares. Wolff describes the system as a “cartel.”
    –
    “One not only gives a patient a diagnosis, but also a case history. First, we need to understand the power of the Federal Reserve, the American central bank which was established a hundred years ago. Many people still don’t know that the Federal Reserve is not a state institution, but is in private hands. This is a bank cartel which lies in the hands of several large, very rich families. This fact has been covered up in the course of history.”
    –
    read more.



http://www.wnd.com/2008/03/59405/
Click on image for article.


end

Post navigation

Previous Post:

US Deep State Concocts Bogus ‘Iranian Threat’: Ex-Top US Official

Next Post:

Hungary PM Viktor Orban BLASTS “Soros Plan” to Bring Extremists into Europe and Destroy Christianity

Pages

  • About

Recent Posts

  • W.H.O. WARNS: “Governments Prepare For Nuclear War.” Critical Updates Markets And More. Mannarino
  • 🚨 BREAKING! NATO And Zelensky Push for All Out War With This Move | Redacted with Clayton Morris
  • Mike Adams on Coming Dollar and Banking Collapse
  • World War 3 Watch: Ukraine Demands MORE Weapons As Top US Military Commanders Hint At Imminent War With China – FULL SHOW 1/30/23
  • The U.S. Government Wants To Learn How To Hack And Control Your Mind
  • The Great Reset | Mel K: CBDCs, The World Economic Forum’s 2030 Agenda, Is Pfizer Creating Virus Mutations? Did Bill Gates Just Admit the COVID-19 Shots Don’t Work?
  • Brain Control Weapons | “U.S. Intelligence Shows That China Is Using Advanced Technologies Like Gene-Editing and Brain Control Weapons to Advance Its Military and to Control Dissent.” – FOXNEWS + Special Rewind Interview Eric Trump and Vanessa C
  • Situation Update, Jan 30, 2023: WOKE IDIOTS Colliding With Reality on Everything: War, Climate, Energy And More
  • BREAKING POINT – Episode 1 – Financial Collapse – Brighteon Documentary
  • Media BLACKOUT Pfizer BOMBSHELL Exec Admits Gain Of Function To Make Covid More DEADLY!
  • “This is Bad for America. This is Bad for the World. We Are About to Enter Potentially World War III” – General Flynn on Biden’s Disaster in Ukraine
  • US, “One More Country” Involved in Drone Attack on Military Plant in Iran’s Isfahan — TV
  • Putin Is Close To Finalizing Asian Trade Settlement In Gold That Will Rock World Markets
  • FDA Quietly Changes End Date for Study of Heart Inflammation After Pfizer COVID Vaccination
  • Imminent Cyber Attack for a New World Order
  • Faith and Confidence in the Dollar Could Be Lost from Within.
  • Putin Roars as UK Tries to Hack Russian Govt Entities; ‘Cyberstrike Under NATO Guidance’ | Watch
  • U.S. Republican Agrees with General’s Assessment About Conflict with China | Latest News | WION |
  • Project Veritas NEW VIDEO: Alleged Pfizer Scientist CAUGHT Describing Mutating Viruses For PROFIT
  • 15 Things That Today’s Middle Class Can No Longer Afford

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
October 2017
M T W T F S S
« Sep   Nov »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
© 2023 Socio-Economics History Blog | WordPress Theme by Superbthemes