US, world headed for 25 year depression: Jim Rickards

US, world headed for 25 year depression: Jim Rickards

“When I use the phrase 25 year depression, it sounds extreme but it’s not. We had a 30 year depression in the United States from about 1870 to 1900…The Great Depression lasted from about 1929 to 1940. The U.S. is in a depression today.” Well, it's been in the works for

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Canadian banking haven myth exposed

Canadian banking haven myth exposed

"One of the reasons that Canadians (and international commentators, other finance ministers and global financial institutions) buy this Canadian banking fairy tale is the way the government accounts for the money borrowed to support the banks." The sorry spectacle of Conservat

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Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your loans, guys and gals, because we are going into a high interest rate period. Very high. It will be the equivalent of going into the double digit interest rates we had in the 80s where many people threw their house keys at the bank and we had record numbers of ba

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E-cigarettes save lives, money

E-cigarettes save lives, money

"We know that cigarettes have thousands of chemicals in them and we know that they are killing us. They have been for over a hundred years. So now, the e-cig industry comes along with only one or two chemicals in their mixture and people are freaking out over these as well. Whe

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US inches closer to big bank charges

US inches closer to big bank charges

Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to lawyers briefed on the matter, a development that could produce the first guilty plea from a major bank in more than two decades. In doing so, prosecutors are confronting

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Canada’s home sales top predictions; why a real estate crash is inevitable

Canada’s home sales top predictions; why a real estate crash is inevitable

“The assurance of relatively low borrowing costs has likely given home buyers confidence while rising home values have kept new listings at a healthy level. Stable employment has provided some assurance to owners and buyers alike.” Our website is back after many months of

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Comparing today’s recession/depression to the 1980 recession

Comparing today's recession/depression to the 1980 recession

"Much like today, Americans were concerned not only with high unemployment but increasing budget deficits in the early 1980s. A September 1983 Gallup poll found that three-fourths of the public agreed that the federal government's budget deficit was a great threat (42%) or some

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Why savers are getting screwed

Why savers are getting screwed

"Without the intervention of economic policymakers, interest rates would be naturally higher. That would increase the cost of borrowing for businesses and consumers, but there would be some offsetting economic benefits. Savers are getting screwed by the current monetary policy

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Geithner admits USA bankrupt to US Senate

Geithner admits USA bankrupt to US Senate

"Never in our history has Congress failed to increase the debt limit when necessary. Failure to raise the limit would precipitate a default by the United States. Default would effectively impose a significant and long-lasting tax on all Americans and all American businesses

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World economies on verge of currency revaluations to deal with debt

World economies on verge of currency revaluations to deal with debt

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford Basically what the world central banks are doing is increasing their money by devaluin

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Is Obama the next Mugabe of Zimbabwe?

Is Obama the next Mugabe of Zimbabwe?

"America, Britain, Japan, Germany, France, Sweden, Holland, Norway, Canada and Australia make up the Fishmongers Group and their meeting on Tuesday will deliberate on the state of the inclusive government, debt relief, public finance administration and the controversial economi

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US raiding foreign countries with dollars, not soldiers

US raiding foreign countries with dollars, not soldiers

""The United States is going to China and saying: we want you to commit economic suicide, just like Japan did. We want you to follow the same thing: we want you to revalue your currency, we want you to squeeze your companies, we want you to go bankrupt,” says Michael Hudson,

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Content By: The Coming Depression Editorial Staff (dates cited below)
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paul volcker obama meet

“I’ve only attended the bilderberg once, but didn’t attend this year”

In the following video clip, ex Federal Reserve chairman Paul Volcker of the 1970s and 1980s admits that he attended these secretive group meetings. Up until the last few years this “bilderberg group” was considered only a “conspiracy theory,” but now that Paul Volcker admits the existence of it, and also admits that he attended, what does this say for all those who mocked the truth tellers? Here is a short explanation of what the bilderberg group is from Wikipedia:

The Bilderberg Group, Bilderberg conference, or Bilderberg Club is an unofficial, annual, invitation-only conference of around 130 guests, most of whom are persons of great influence in the fields of politics, business, banking, and media. The group meets annually at hotels or resorts throughout the world—for two consecutive years in Europe followed by a year in the United States or Canada.

This tradition appeared to be broken in 2008 when the meeting was held in Chantilly, Virginia, so as to give easier access to those associated with the US elections. The 2009 Bilderberg meeting took place from 14-16 May in Athens, Greece.[1]

The original Bilderberg conference was held at the Hotel de Bilderberg, near Arnhem in The Netherlands, from 29 May to 31 May 1954. It was initiated by several people, including Denis Healey and Józef Retinger, concerned about the growth of anti-Americanism in Western Europe, who proposed an international conference at which leaders from European countries and the United States would be brought together with the aim of promoting understanding between the cultures of the United States and Western Europe.


The British paper, the Guardian, was the only major mainstream news publication to provide ongoing coverage of the Bilderberg meeting over the weekend. His first columns were satirical and slightly mocking, referring to it as, “A long weekend at a luxury hotel, where the world’s elite get to shake hands, clink glasses, fine-tune their global agenda and squabble over who gets the best sun loungers. I’m guessing that Henry Kissinger brings his own, has it helicoptered in and guarded 24/7 by a CIA special ops team.”[20] However, as the weekend dragged on, his reporting took a change of tone. He reported on the Saturday that, “I know that I’m being followed. I know because I’ve just been chatting to the plainclothes policemen I caught following me,” and he was arrested twice in the first day of the meetings for attempting to take photographs as the limousines entered the hotel.

On October 15, 2009, We Are Change Boston asked former Federal Reserve Chairman and current Chair of President Obama’s Economic Recovery Advisory Board, Paul Volcker, about the Bilderberg Group.

Thanks to FauxCapitalism.com for this short clip of information:

This short video clip is highly significant for several reasons, including:

1) A former Fed Chairman, Volcker, acknowledges that the Bilderberg Group exists.
2) He acknowledges that he attended their meeting this year (2009), and two or three times previously.
3) He acknowledges the authority and consequences of the Logan Act, which prohibits unauthorized U.S. citizens from negotiating with foreign governments, punishable under federal law with imprisonment up to three years.
4) He indirectly admits that the Federal Reserve is a non-governmental private institution, by implying the Act didn’t apply to his attendance.
5) If he wasn’t given express authorization by President Obama to attend this year’s meeting, he’d be liable for punishment under the Logan Act. Testimony in Congress, under oath, should be sought to determine that.

Related posts:

  1. Paul Volcker admits attendance at Bilderberg; gets defensive...
  2. Geithner admits USA bankrupt to US Senate“Never in our history has Congress failed to increase the debt limit when necessary. Failure to raise the limit would precipitate a default by the United States. Default would effectively...
  3. Canada's stalled economy 'a shocker'By Gordon Isfeld and John Morrissy, Financial Post Statistics Canada said Wednesday that gross domestic product was unchanged during the month, following growth of 0.1 per cent in June, the...
  4. Zionist shill Horowitz defames Rep. Ron Paul“the Jew-haters have returned. For years the Texas crackpot, Ron Paul, has been attacking America and Israel as imperialist powers — the Great Satan and the Little Satan, and calling...
  5. Shock: Obama admits US headed for mega depression“.. people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession,” he said. Interest rates are market driven. The Fed is...
  6. Ron Paul warns: be prepared for the worstA false recovery is under way. I am reminded of the outlook in 1930, when the experts were certain that the worst of the Depression was over and that recovery...

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