Mayor Bloomberg: The Hopium is About to Wear Off
This is a plea. I will not inundate you with all kinds of evidence. Just look at this and decide if Mayor Bloomberg is telling you the Truth: here . Now Tyler Durden of course is a pseudonym from a 1999 cult classic movie "Fight Club". Yet, this guy is brilliant, and I believe he is a straight shooter on financial and economic issues. And most important of all not only is he honest, but he knows his stuff. I contrast him with Mayor Bloomberg who seems to be as slick as Bill "Slick Willy" Clinton. The difference is that Bloomberg is dangerous because he runs a media empire who daily gives people advice to pour more money into the stock market because he claims a sunny economic utopia is on the American horizon. It is your decision. I really believe we are at the precipice or at least Esav's goat is at the precipice. Yet, because we are all connected to Western Civilization in its present form, we will all be affected when the goat goes over the Italian precipice. I just have one piece of advice for those who have not prepared for this simply because they are in denial because of Normalcy Bias that a catastrophic economic collapse or something approaching it might occur. I am adding this link too even though it was written last week, for it is worth reading: here I have seen about a dozen of similar articles in the last week, but I do not have the links to every single one of them to share with you. This European summit seems like it is doomed to fail. They need to somehow raise at least 2 trillion Euro to just cover the magnitude of Italy's debt problems alone. And according to legendary investor Jim Rogers, the Fed is printing money like it is going out of style. Ben Oni Bernanke is desperately trying to save Western Civilization. Here is Mr. Rogers. Again decide for yourself.
Take a chunk of money out of the bank today or tomorrow on Thursday, and hold it until next Tuesday afternoon. If nothing happens, put it all back in the bank, and you will not have lost a penny. I would suggest that you have as much cash on hand, just in case that there are massive bank closures worldwide. Keep in mind that you lose nothing or very little by having this cash on hand just in case there is an economic tsunami. On Tuesday as I just said, if nothing has happened, put your money back in the bank. If you want to take a risk, buy about a dozen canned foods for each member of your family if you haven't already made the more extensive preparations that I have been suggesting for about 2 1/2 months on this blog and on Mystical Paths. Maybe I will be proven wrong. I am an adult and I can handle being wrong. But I could not live with myself if I had not taken the time that I am taking right now at 5 am in the morning Israel time to give you this gentle warning. G-d Bless you all. I really hope that most of you have already prepared for what is very possibly going to transpire over the next six days.
ADDENDUM: It is not my purpose here to scare the bejeepbers out of anyone, but these two Tyler Durden pieces on www.zerohedge.com scared the beejeepbers out of me. And I am not easily phased these days: Here he connects Lavan's latest actions at MF Global with the collapse of Edom's Euro: http://www.zerohedge.com/news/why-uk-trail-mf-global-collapse-may-have-apocalyptic-consequences-eurozone-canadian-banks-jeffe . Plus when Trusties? remove $1.2 billion dollars from the investment savings accounts of private individuals, do we really have to wait until Gerald Celente is one of the victims to see grand theft on a global scale? Thank G-d in the highest Heaven that Jon Corzine was not a Jew.
And here he speaks of the Bundesbank preparing for "Plan B" as there seems to be a "lock up in interbank liquidity". Uh Oh: http://www.zerohedge.com/news/has-imploding-european-shadow-banking-system-forced-bundesbank-prepare-plan-b