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The Reckoning: “All Evidence Points to US Economic Failure in 2014″

•, Mac Slavo
He’s not alone. Many contrarian economists seem to agree. And given the state of economic and geo-political affairs they could well be right, much to our detriment.

On the domestic front, the much touted economic recovery is in significant danger of being revealed for the illusion that it really is. Nationwide home sales, for example, have dropped off in record numbers in the last few months and a report released this morning indicates that mortgage originations are as bad today as they were just before the Lehman crisis of 2007. Couple that with a jobs market that is at best stagnating and at worst completely falling apart, and you can probably deduce that if there is any economic growth at all taking place it is about to come to a standstill.

Internationally, the world is fed up with The Fed and the U.S. government’s unabashed debt growth. China, Russia, Iran, India and a host of other countries are establishing trade relationships that are bypassing the U.S. dollar altogether, a move that will soon see the world’s reserve currency lose purchasing power and status. In anticipation of this imminent collapse gold is being hoarded by private and public entities from Berlin to Beijing in an effort to preserve wealth before the Tsunami hits.

1 Comments in Response to

Comment by Olde Reb
Entered on:


All Ponzi schemes, such as the Federal Reserve, ultimately all have a catastrophic collapse.

The Federal Reserve was established by and is owned (secretly, BOG) by the same Wall Street financiers who are devastating Europe with debt and who have already used the WB and IMF to destroy the third world. To believe they are not going to do the same to the U.S. with the $17 trillion (fraudulent) debt would be naive.

Mr. Hornberger recently chided the citizens of Argentina for succumbing to the government propaganda that businesses are responsible for inflation because businesses raise the price of goods and services. He then decries their government controlled schools for not educating the people. Ref. .

Perhaps Mr. Hornberger should review the economic chaos of the United States and Europe and question whether it is the government or financial institutes that cause---and profit from---inflation. “Bought off” and corrupted are terms that come to mind to distinguish the cause from the implementer. President Clinton reportedly was astonished to be informed bankers would determine how much deficit spending would be allowed.

The methodology by which the Federal Reserve Board of Governors conceals $4 billion daily from the auction accounts of Treasury securities that are exclusively handled by the FRBNY has been documented. Ref. FEDERAL RESERVE HEIST.   Those accounts have never been audited or reported to Congress as required by law. All profit of the Fed legally belongs to the government.  The lengthy mathematical analysis of the Fed's Ponzi scheme that dates from Rothschild's “loaning” non-existing money to rulers of centuries past to reveal the inherent national bankruptcy of their scheme is available. Ref. RIP OFF BY THE FEDERAL RESERVE.

The use of that money to fund the New World Order using the World Bank and International Monetary Fund has been theorized. Ref. FUNDING THE NEW WORLD ORDER. The embezzlement of the Treasury auction funds by the FRBNY and FRBOG has been brought to the attention of the United States government. Ref. AMENDED COMPLAINT—WHISTLEBLOWER SUIT.    All articles available at

The  “end goal” of the cabal has been stated in internal memos to be the collection of the $17 trillion National Debt of the United States. Greece and Cyprus are but two available examples of their multitude of collection methods.

And still Mr. Hornberger is unaware of the future tragedy and demise of the U.S. while he belittles the economic knowledge of the Argentina people.     Academic centers in the U.S. almost universally assert government is responsible for inflation while concealing the bankers to the shadows.   Academic centers must groom economists for future employment with the largest employer of economists--the Fed and the banks---and they also receive largess from banks, government, and inflation. They have done a great job in hiding the perfidy of the Fed.

************** Footnote *************

Only two possible scenarios appear visible:

1. The National Debt is evidenced as an act of fraud and theft by an audit of the Treasury security auction accounts maintained by the FRBNY. The implied contract with the owners of the BOG---based upon paying a debt that can never be culminated---is declared null and void from its inception as are all fraudulent contracts. The extension of legal tender status to debts of the (unknown) owners of the FRBOG is therefore nullified and the debts of the Fed belong only to the perpetrators of the fraud. (those green things in your billfold are Federal Reserve Notes with legal tender status). Only Congress can do this.


  • The status quo continues. The Wall Street financiers are able to collect on the U.S. national debt in the same manner as debts of Greece, Cyprus, Haiti, etc., are being collected by troika, ECB, IMF, WB, etc., with austerity and martial law being imposed on the U.S.    Confiscation of assets of citizens, including but not limited to banking accounts, pensions, savings, CD's, life insurance, stocks, etc., will be standard practice.

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