Nothing moves unless an outside agent moves it; economic collapse is no exception–Economies do not collapse unless somebody creates a trigger event.  Muckracker

 

(NaturalNews) As practically the entire world seems to be nearing the end of its run financially, many people are beginning to wonder how much longer America has beforeour own teetering house of cards finally falls. Nobody can say for sure how it will all play out, of course, but there are a number of potential scenarios that could act as trigger events to bring about a cataclysmic economic collapse here in the United States, in the very near future.

According to Jim Willie from GoldenJackass.com, the following imminent events could predicate a complete financial breakdown, unlike anything ever before seen in America:

1) Plummeting oil prices. As I’m writing this, oil prices have already dipped below $30 a barrel, which Willie suggests is a major indicator of impending financial doom.

2) Bank failures due to oil and gas hedge expiration. Many companies locked in higher prices for oil sales in 2014, but not indefinitely. Declining revenues from deflating oil and gas prices could trigger a string of bank failures, leading to a collapse.

3) Default from emerging market debt. Such debt currently clocks in at nearly $20 trillion, and experts predict a major default in 2016.

4) Saudi Arabia concedes to Chinese oil sales with renminbi (RMB) currency. With Russia now accepting renminbi currency as payments for oil, the U.S. dollar is further sliding away from being the world’s reserve currency.

5) China and Russia inaugurate the Gold Trade Note as currency. The Gold Trade Note is quickly replacing the dollar as the currency of choice among BRICS nations.

6) Failure of southern European banks leads to ‘PIGS’ fit. Times are tough in southern Europe, with banking system collapses threatening to unleash financial mayhem.

7) Turkey leaves NATO after suffering military coup to oust Erdogan. America’sduplicitous support of Turkey following the recent downing of an anti-ISIL Russian aircraft, suggests an imminent military coup, and Turkey’s potential exit from NATO.

8) Deutsche Bank failure, unsuccessful restructuring, leading to derivative incidents. One of the world’s leading financial providers, Deutsche Bank, is in trouble. And if this overly leveraged financial behemoth collapses, it could cascade as a domino effect of bank failures throughout the world.

9) U.S. Fed hike rate causes immediate derivatives crisis. The central banking scam known as the Federal Reserve is in its last throes. And if this failing private institution continues messing with interest rates, a derivatives crisis unspeakably worse than the one that occurred in 2008 could soon unfold.

10) United States, NATO, British Crown and Vatican exposed as narcotics agents. The role of Western governments and Roman Catholicism in trafficking narcotics under the guise of policing them is gaining global attention as fact rather than conspiracy theory. And the economic implications of this are unprecedented.

11) Evidence put before United Nations on U.S.-U.K.-Israel role in fake ISIS ”terror.”More people are waking up to the fact that “terrorism” is often a government invention used to strip citizens of their rights and enslave them. And the alleged terrorist group ISIS is no different, as evidence continues to emerge showing that the United States, in conjunction with the British Crown and Israel, is staging fake ISIS terrorism to push a globalist agenda.             source

So now you know that these economic ‘crises’ do not just happen; they are engineeered.  Somebody/somebodies pull the trigger, set the crises in motion and the people pay the price.

Counterpunch’s  Rob Eurie writes:  

Finance, Wall Street and the increasingly intrusive economy that by design is taking over ever-larger portions of the public space, should by rights have gone into decades-long hiding around 2007. As much as ‘bottom-up’ explanations of greed-crazed citizens driving bankers to behave in ways they shouldn’t fill the bourgeois imagination, bankers and their servants in ‘public’ office have driven the current epoch of finance capitalism since it was launched in the late 1970s. Through official channels the tale is of sin and redemption, crisis followed by righteous and robust recovery. Sure a few (tens of millions) people may have ‘lost’ their jobs, houses and life savings, but such are the dynamics of political economy that rewards talent and hard work.