- World Alternative Media
Josh Sigurdson talks with author and economic analyst John Sneisen about the warnings coming from JP Morgan’s Jamie Dimon as well as Moody’s and many other major financial institutions. Everyone is acknowledging what we have been warning of for years. A recession is close on the horizon. The issue is that we’ve all already been in a recession since 2008 papered over with vast amounts of debt/printing. Now the top financial institutions in order to make themselves look like they have foresight are claiming that the recession may be on our doorsteps! All fiat currencies eventually revert to their true value of zero once the populace recognizes it and it does appear as though people are starting to acknowledge this major problem. As more and more people realize we are in the greatest financial crisis ever, a global domino effect, people will hopefully take precautions. The problem is, according to a Bankrate study, more than half of the US population is unprepared for a recession. This is why it’s important to share this information. There are more solutions than there are problems but people first need to know of the problem. As bankrupt banks attempt to save face in the face of a crash, as the Federal Reserve pumps 60 billion dollars into the economy a month, it’s time we get out of the system as fast as we can!