Devastating Deflation and Depression – Repeat of 2008 – Predicted by Davos Billionaire

Posted by on January 24, 2016 in Bankers & Wall St., Corruption with 40 Comments

Soros in Davos GCN

By Jeff Berwick|The DollarVigilante

“We are repeating [the devastating deflation and depression of 2008],” Soros said during the World Economic Forum in Davos, Switzerland, in an interview with Bloomberg TV.  “The root cause of the crisis is different this time, however.  In 2008, it was the subprime crisis in America. This time, it is China and the deflationary forces it is transmitting to the rest of the world. “

In Davos, billionaires plot ways to consolidate power under one government, but in Acapulco Mexico, late in February, we will meet together to discuss how to create seven billion separate governments!


That’s what anarchy is all about, the ability of each individual to be in charge of his or her own life without predetermined restraints. If you injure  someone or damage something, you’re responsible. Otherwise, society has no claims on you, certainly none enforced by the power of the state. There is no state ….

That’s much different than Davos where hundreds of seriously wealthy control freaks are meeting together to figure out how to promote global government that will have a claim on each and every one of us. Don’t do what they tell you to do and you are fined, jailed or worse. That’s “civilization” – Davos style.

When they are not gathered together in fancy restaurants quaffing expensive wines and eating fine food, the old men (mostly men) of Davos are “brainstorming” new ways to confuse and frighten us.

The idea is that we are to be afflicted with worse and worse disasters and as a result, convinced to turn to them – the Davos conclave – for salvation and hope.

And this is surely the reason for Davos attendee and billionaire George Soros’s pronouncements regarding the world economy, which made news recently for the extent of their alarmism.


Soros and another Davos attendee, William White are warning we are on the cusp of collapse. You’d think they just discovered yesterday that bad things were about to happen.

Earlier this week we wrote about White, the former chief economist of the Bank for International Settlements, who labeled 2016 a debt Jubilee year and basically predicted the shattering of the world economy. You can read what we wrote here.

Now comes billionaire Soros claiming that “the world is running into something it doesn’t know how to handle.” His statements hit the wires around the world and resulted in a BusinessInsider post  profiling Soros’ “bearishness” with some choice quotes.

“We are repeating [2008],” Soros said during the World Economic Forum in Davos, Switzerland, in an interview with Bloomberg TV.  The root cause of the crisis is different this time, however.  In 2008, it was the subprime crisis in America. This time, it is China and the deflationary forces it is transmitting to the rest of the world. 

RELATED ARTICLE:Here’s Why the Global Elite Are Trying to Destroy the U.S. Dollar

There’s the same old bogeyman that they like to roll out. This time it is “China,” which we have recently explained is not the culprit for this coming mess… and “deflationary forces”.

They purposefully try to confuse people with inflation/deflation.  They want people to think the symptoms of inflation (rising prices) is inflation itself… and it happens inexplicably!  Inflation is the increase in the money supply (aka. money printing).  This causes prices to rise.  But the root-problem isn’t rising prices; the root-problem is the increase in the money supply by the central banks.

And, it’s the same for deflation.  When markets are blown up to bubble-like levels by money printing and then begin to fall, they call that “deflation” and say that is the problem.  It’s not. The problem is that the increase in the money supply will eventually create a bubble, which will eventually collapse.

But you will NEVER hear that from the old men muttering to each other in Davos. They don’t want you to know that THEIR actions create the market crashes that they are now grimly warning us about.

He goes on to add in another red herring, oil!

The issue is that China’s problems are being passed on to the rest of the world.  “It’s one of the sources of deflation,” Soros said.  “You’ve got basically three major root causes. One is China, the other is oil and raw material prices, and the third is competitive devaluation,” he added. “You have all three.”  

RELATED ARTICLE: What Really Happened to the Economy In 2015, And What Is Coming In 2016…

As we also explained earlier this week, the price of energy getting cheaper could not possibly destroy an economy.  How could it?

At Davos, they want to point the blame at everyone but the true culprit: themselves.  They are the true financial terrorists.  And what is the answer they will present to save the world?  You guessed it, print more money!

European stocks rebounded this week after the European Central Bank essentially said that is what they would do.  And, next week, the Federal Reserve meets to decide on how to manipulate the price of money (interest).  If they also become “dovish” – which is a funny word to describe manipulating interest rates lower and counterfeiting money – we could see a short-term rebound in the markets… but it won’t last.

This system is in collapse, and quite likely a planned collapse, to cause worldwide chaos in order for the elites to garner more power and control as a dumbed down and impoverished populace (dumbed down by government public education and impoverished by governments and central banks) clamor for someone to do something.

The truth of the matter is that the people of the world need to wake-up to this con game and stop supporting governments and central banks and move their assets into gold, silver and bitcoin.

RELATED ARTICLE: 14 Reasons Why The U.S. Economy’s Bubble Of False Prosperity May Be About To Burst

At Anarchapulco  and its sister conference. the TDV Internationalization and Investment Summit, we’ll be discussing these issues. …

READ THE REST OF THE ARTICLE HERE….

 

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  1. Anonymous says:

    Of course predicted and they control the banks. The final straw for americans 401k’s? Personal destruction by the banks and for the banks.

  2. 1063565703696291@facebook.com' Jeff Andrews says:

    I wonder why……add in the hysteria by design then shuffle the deck and deal straight bigotry and ..pop goes the weasel.

  3. 10204043581249312@facebook.com' Richard Alan Lopez says:

    George Soros needs to rot in hell!!!

  4. 1063565703696291@facebook.com' Jeff Andrews says:

    lets help those unfortunates take back their wealth from abusers in power back home

  5. 1063565703696291@facebook.com' Jeff Andrews says:

    as a humbled people devastated by persecutions never ending ..getting worked up over anything boils down to numbers to me sir

  6. 1063565703696291@facebook.com' Jeff Andrews says:

    masses must be occupied looking forwards to basic home and family needs

  7. 1063565703696291@facebook.com' Jeff Andrews says:

    extending or clashing cultures matter primarily so sports arenas have their proper uses at this point of introductions yielding respect of like interests

  8. 1063565703696291@facebook.com' Jeff Andrews says:

    turns adrenaline into concrete understanding

  9. 1063565703696291@facebook.com' Jeff Andrews says:

    myths abound to lost peoples every where

  10. 1063565703696291@facebook.com' Jeff Andrews says:

    read from bottom up

  11. 10207994410275785@facebook.com' Todjr O'Donnell says:

    And he is determined to cause it

  12. 1063565703696291@facebook.com' Jeff Andrews says:

    120%effort and review results and adjust as in soccer ..never ever give in

  13. 1063565703696291@facebook.com' Jeff Andrews says:

    Western women are rotten mothers and collapsed into lesbians embittered old ..

  14. 1063565703696291@facebook.com' Jeff Andrews says:

    not men no siree

  15. 1063565703696291@facebook.com' Jeff Andrews says:

    multi faceted minds oppose black or yellow minds decidedly by results

  16. 1063565703696291@facebook.com' Jeff Andrews says:

    life is always a surprise only to uninitiated

  17. 1063565703696291@facebook.com' Jeff Andrews says:

    always a fresh start after decades of efforts

  18. 1063565703696291@facebook.com' Jeff Andrews says:

    planning by full open knowledge must not falter into good intentions of women’s sabotage for power

  19. 1063565703696291@facebook.com' Jeff Andrews says:

    the mind has a time limit of freshness

  20. 1238082466217973@facebook.com' Gaby Ajamian says:

    It is apparent Mr.soros is betting on precious metals.

  21. 1063565703696291@facebook.com' Jeff Andrews says:

    our task is and was investigating genius after the satellites answered what’s out there so 21 St century launched What in the mind before our best and brightest all burn out that spark

  22. 1063565703696291@facebook.com' Jeff Andrews says:

    long since gathering discoveries church slammed down those such as Gaileo

  23. 1063565703696291@facebook.com' Jeff Andrews says:

    as now Mr Soros

  24. 1063565703696291@facebook.com' Jeff Andrews says:

    tortures are church leaders favorite tool of controlling minds and leaving no effective responses of knowledge

  25. 10208381129026065@facebook.com' Ian Van Loon says:

    And you get the left supporting this mug , with mass immigration to Europe, its all an agenda by the Zionists, the left need to realise who they support and then disagree with , pretty ironic really isn’t it

  26. 1063565703696291@facebook.com' Jeff Andrews says:

    5 years of excruciating disociative tortures

  27. 1063565703696291@facebook.com' Jeff Andrews says:

    yet I am

  28. 1063565703696291@facebook.com' Jeff Andrews says:

    much respect always

  29. 1063565703696291@facebook.com' Jeff Andrews says:

    non drug peak performance of thinking applying beyond Dr Freud widest scope

  30. 1063565703696291@facebook.com' Jeff Andrews says:

    and in every application one chooses

  31. 1063565703696291@facebook.com' Jeff Andrews says:

    bloodlines matter

  32. 787040871425233@facebook.com' Derek Waters says:

    The crash is coming! Gold and silver is real wealth!

  33. 10207630929278903@facebook.com' Gregorius Hieronymus von Schwarzhof says:

    If Mr Soros is predicting an economic depression it is becuase he’s already busy orchestrating it.

  34. 1298879186901215@facebook.com' Deanna Dokken says:

    You can bet George Soros is behind all this !!!!!!!!!!

  35. 10153479503569830@facebook.com' Shelomech Pinnock says:

    already predicted! but no one reads the bible

  36. 10153800943744361@facebook.com' Alon Hugo says:

    Gooooood
    Markets crash and we buy

  37. 1187600941267414@facebook.com' Sushil Yadav says:

    .
    For many decades Politicians and Economists have been fooling the world with promises of eradicating poverty and unemployment……….Industrial society can never eradicate poverty and unemployment because it is the cause of both………Have you seen poverty in millions of other species???…….Have you seen unemployment in millions of other species???

    Poverty came into existence when man created wealth.
    Unemployment came into existence when man created employment.

    Millions of other species don’t have unemployment………Only human species has unemployment………The combined population of millions of other species is (was) much greater than the current human population, yet they don’t have unemployment……..Even human unemployment came into existence after industrialization and urbanization……..Man has lived in industrial society for just about 100 years…….How much unemployment existed in this world before industrialization???

    For one million years man lived in hunter_gatherer society ………There was no unemployment.

    For 10,000 years man lived in agrarian society in villages ……..More than 99% of population was producing food……..There was hardly any unemployment.

    Unemployment is a consequence of urbanization……..Unemployment is a consequence of employment………When there was no employment there was no unemployment either……..Unemployment came into existence when man created urban jobs and professions………Even rural unemployment in industrial society is a consequence of industrialization and urbanization………Millions of villages in this world were destroyed to build thousands of cities and by millions of industries and corporations that are run by billions of urban dwellers……..Billions of acres of agricultural land has been destroyed by millions of industries and corporations run by urban population……..Where will the rural population work when urban population has destroyed villages and farmland???

    The problem is not unemployment……The problem is employment.

    Employment has destroyed the planet.

    Jobs have destroyed the planet…….Urban jobs have destroyed the planet.

    Politicians who want to give jobs to all should be given a taste of their own medicine……..Economists who want to give jobs to all should be given a taste of their own medicine……..Send 1000 workers to the homes of every politician and economist (who wants to give jobs to all) and tell them to work non-stop, picking up all the things lying in their homes, breaking them up to produce new things out of them.

    The homes of these politicians and economists would get ruined in one day.

    This is exactly what has happened to the planet in the last 100 years……….Billions of urban people worked non-stop in industries and corporations which has led to destruction of forests, rivers, oceans and atmosphere……..It has led to the torture, slaughter and decimation of millions of species.

    Work is the biggest evil of industrial society……..Work turned into overwork after industrialization………Work turned into extra, unnecessary and destructive work after industrialization..

    If Urban Society stops its supplies to Rural Society it will live forever.
    If Rural Society stops its supplies to Urban Society it will die within a month.
    That is the worth of Urban Jobs, Consumer Goods, Growth Rate, Economy Rate and GDP.

    The entire urban population of industrial society is criminal.
    Urban jobs and professions have destroyed the planet.
    The crime goes unchecked because 50% of population is now urban.
    The crime goes unchecked because urban population is running the system.
    .
    .

    There are millions of species on earth……..Only one species has poverty…….Only human species has poverty…….Millions of other species don’t have poverty.

    Man is still trying to eliminate poverty when animals managed to do it millions of years ago.

    There are no poor animals in the wild because there are no rich animals in the wild.

    Poverty is a consequence of wealth.

    Poverty came into existence when man created wealth.

    There were no poor people in hunter_gatherer society because there were no rich people in hunter_gatherer society.

    In agrarian society there was very little poverty because were very few rich people…….Very few people like the Kings and Land Owners were rich…….When very few people are rich you don’t notice poverty…….When very few people are rich then poverty becomes the normality and wealth becomes the anomaly.

    In industrial society there are millions of billionaires and millionaires …….As a consequence of this there are billions of poor people.

    All problems have been worsened by industrialization………Poverty is no exception.

    Poverty is a very minor problem compared to the environmental problem……..Industrial society has destroyed environment………After destroying environment man will not even exist on earth.

    Life can sustain on earth only when everyone is poor and simple not rich and consumerist.

    All money of industrial society is blood money……..All money of industrial society has blood of nature on it……..All money of industrial society comes from industrial activity that has destroyed forests, rivers, oceans and atmosphere ……..All money of industrial society comes from industrial activity that has decimated millions of species.

    The more money you accumulate the bigger the criminal you are.

    The entire monetary system of industrial society is criminal and destructive…….Out of millions of species on earth only the lunatic human species invented money………Out of millions of species only man needs money to live on earth…….Out of millions of species on earth human species is the only crazy one whose food comes from money.

    Industrial society created the monetary system to sell and purchase consumer goods and services………Production of consumer goods and services has destroyed the planet.

    There was very little exchange of money in pre-industrial / agrarian society……..There were very few consumer goods in existence and they were mostly exchanged through the barter system.
    .
    .

    All problems of industrial society have either been created by industrialization or worsened by industrialization………All problems of industrial society are unsolvable because industrialization itself is the cause of problems………Problems of industrial society can go away only when industrial society goes away.

    Man has spent more than 99.9% of his time on earth in non-industrial societies.

    Man lived in hunter_gatherer society for one million years……..Man lived in agrarian society for 10,000 years……..Man has lived in industrial society for just about 100 years during which he has destroyed the entire planet.

    If Urban Society stops its supplies to Rural Society it will live forever.
    If Rural Society stops its supplies to Urban Society it will die within a month.
    That is the worth of Urban Jobs, Consumer Goods, Growth Rate, Economy Rate and GDP.
    .
    Industrialization was the biggest crime on earth.
    Agrarian society was the limit for man on earth.
    Cities are the Graveyards of Nature, Urban Dwellers the Executioners.
    Stop Education…..Close Down Universities.
    Stop Urban Work…..Close Down the Cities

    http://www.envirolink.org/forum/viewtopic.php?f=3&t=2915
    Industrial Society Destroys Mind and Environment

  38. 1063565703696291@facebook.com' Jeff Andrews says:

    re evaluating happiness could do what changes are demanded ….food clothing shelter deserves investigation to come up with goals of the desire motivations in otherwords what is simply possible and sell it worldwide ..Blue Lagoon is one

  39. 1063565703696291@facebook.com' Jeff Andrews says:

    history repeated …how can it be when its currently running

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