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Page added on April 3, 2013
Our Parasitic Fed is Triggering the Five Stages of Collapse
[Download MP3s: Hour 1: Our Parasitic Fed is Triggering the Five Stages of Collapse Hour 2: Our Parasitic Fed is Triggering the Five Stages of Collapse ] [itunes]
Ellen Hodgson Brown and Dmitry Orlov will discuss the continuing collapse of western society thanks to the parasitic behavior of our banking establishment. With outright confiscation of depositor money in Cyprus, parasitic elite is no longer robbing us in the night through the hidden tax of inflation but now robs people through outright confiscation of deposits. How long yet before Robert Prechter’s next “dark age” arrives? Orlov will give us an idea of which of the five Stages of Collapse the U.S. is now in, as he compares our demise to that of the former Soviet Union’s collapse. In an attempt to survive, we look to honest money–gold bullion and gold shares. So, on an upbeat note, we have Jean Martineau, of Dynacor Gold Mines visiting to talk about his company’s dramatic earnings growth from gold production in Peru. And the usually optimistic Gene Epstein will share his latest take on the U.S. economy and talk about the next NYC Junto this Thursday.
11 Comments on "Our Parasitic Fed is Triggering the Five Stages of Collapse"
Arthur on Wed, 3rd Apr 2013 11:08 am
The Russians had 10 extremely difficult years, but eventually under the God-send Putin, they recovered. The conditions for the Americans are far better as they still have a functioning industry, unlike the Soviets. All they need to do is scrap a large part of their parasitic military, supporting unrealistic expensive imperial dreams, close the borders for immigrants, balance the books, end free trade and replace it with balanced trade. Impose heavy import taxes to support an industrial recovery at home. Come up with an ambitious plan to introduce renewable energy. And obviously abolish (read: nationalize) the FED. Then you do not need gold.
P.S. this is lunacy “With outright confiscation of depositor money in Cyprus”
Did not happen, there was not a single dime ‘confiscated’. The authorities refused to bail out a few shabby bankers with tax payer’s money. The authorities did the right thing for a change.
Beery on Wed, 3rd Apr 2013 11:32 am
Can we not cut out the commercials and legalese from these clips? I switched off a minute into it because I was bored from being sold to and told legal mumbo jumbo.
Get to the fricken point!
Mike on Wed, 3rd Apr 2013 12:53 pm
What you’re forgetting Arthur is that the soviet union collapsed during a time of super cheap energy. The US and the rest of the world is going to collapse at a time of super expensive energy.
noobtube on Wed, 3rd Apr 2013 1:25 pm
Everytime I kept loading this page, Windows Media Player would start with some woman trying to sell something.
It’s kind of funny Orlov ridicules the mindless (shameless?) capitalism of the United States, yet that is precisely the platform that his message is being spread.
BillT on Wed, 3rd Apr 2013 1:27 pm
Arthur, maybe you need to talk to some Cypriot depositors and ask them how much they lost. I’m sure it was not the big fish that lost, but the little ones.
Mike, Arthur is so Euro-centric, he denies that they are crumbling and will surely beat the Us into financial collapse.
J-Gav on Wed, 3rd Apr 2013 1:53 pm
I hear ya, Beery! I had the time to let ’em run off at the mouth for a while, as I wanted to listen to Dmitry Orlov – was never able to find the other announced guests in the links to the program …
Dmitry’s very good here. Gives an excellent overview of his book: “The 5 Stages of Collapse,” and explains in some detail why Russia is likely to outlast the US as civilizational collapse unfolds.
I think he’s right that its timing, pace and severity will be different according to place, though eventually it’ll hit just about everybody (maybe some Pygmees will feel it less, deep in the African jungle. But then, they were never “civilized” to begin with, were they? The irony of it all!)
Pick yer poison: the more or less gradual, bumpy slide on the downslope of peak everything (John Michael Greer’s scenario) or the Seneca Effect which Ugo Bardi warns of. In essence, that one says: “Civilizations take a long time to build up but shit falls apart really fast.”
Arthur on Wed, 3rd Apr 2013 3:17 pm
Mike: “The US and the rest of the world is going to collapse at a time of super expensive energy.”
No, I have not forgotten that. But even according to the bleakest forcast available (German energy watch group), we have 17 years until carbon+nuclear energy production will be back at 2005 levels. That is enough time to prevent the worst, at least in the west. I do not believe collapse will be as bad as in the post-USSR.
Bill:”Arthur, maybe you need to talk to some Cypriot depositors and ask them how much they lost. I’m sure it was not the big fish that lost, but the little ones. ”
You are wrong. Everybody under 130k$ savings did not lose a dime, above that amount ca. 40% was lost. The big fish lost, not the small ones.
“Arthur is so Euro-centric, he denies that they are crumbling…”
You keep calling me ‘Euro-centric’ without explaining what that means. No, we are not ‘crumbling’… contracting yes: income is slightly declining, housing market is declining, retirement age is lifted 2 years, budgets are by and large under control, unemployment is rising but still low in NW-Europe, with high youth unemployment in southern Europe. Germany is still growing. NW-Europe still has AAA status. Infrastructure is top of the bill. No food stamps here or tent cities. Oh, and no 4-6 trillion $ wasted on foreign adventures. Or 14 aircraft carriers.
“and will surely beat the Us into financial collapse.”
What the hell does that mean? You are doing that yourself by not living within your means. You are 180 million aging Euro-Americans fooled around by a few million zionists and 120 million from the third world, with half of them on your back for foodstamps and handouts and medicare and housing. And you want to play the hegemon and lording over 7 billion people. That’s asking for trouble. You could of course listen to Ron Paul and unload your backpack, call it a day and become a good old America Firster. Believe me, imperialism sucks, been there, done that.
J-Gav on Wed, 3rd Apr 2013 5:34 pm
Well guys, who’s gonna beat who to collapse, I guess, is an open question…
Coming back to Dmitry’s gig here though, he said this: “Living arrangements are going to be very important.” By that he meant if you can stay where you live, have some transportation and a reliable energy/electricity supply, with family support (“3 generations under one roof”), you’re going to have a better chance of getting through, even if only one or two members of a 6-person family have jobs … something like that.
He also said: “I see the collapse of industrial civilization rapidly approaching.” And suggested that the most cohesive societies would, let’s say, fail more slowly and less dramatically … I’ll let you decide who that might be.
BillT on Thu, 4th Apr 2013 2:58 am
Euro-centric: Self centered around the Eurozone’s invincibility. Nothing bad happens in the Eurozone. We are doing fine. It’s the rest of the world that is going to hell. Etc. Etc.
Look in the mirror. The City of London is the financial center of the world, not the Us. The Vatican is the center of Western religion. And yes, the Us is the military center, for now. All of that is changing as the world as we knew it collapses like the twin towers only not so elegantly or fast or clean. If you think you are safe from the coming apocalypse, you are like many other Westerners who want to believe they are exceptional, outside of the game, innocent bystanders, immune from real harm, etc.
GregT on Thu, 4th Apr 2013 4:08 am
The race to the bottom is already well underway. The question is; Who’s currency will be the last standing before the final collapse?
Exponential growth got us into this mess, and exponential collapse will return us back to where we came from, if it happens quickly. If it drags on for too long, we are done for as a species.
Arthur on Thu, 4th Apr 2013 8:21 am
“Euro-centric: Self centered around the Eurozone’s invincibility. Nothing bad happens in the Eurozone. We are doing fine. It’s the rest of the world that is going to hell. Etc. Etc.”
BS, never said that. Europe is not going to escape the end of industrial civilization either. I merely said that Cyprus was another Iceland with an oversized banking sector that got it’s a** kicked and is not symptomatic for the rest of Europe. Not yet. Europe is facing decline, sure, our resource situation is worse than that of North-America (unless we suck up to the Russians). But I am not a doomer like you. I have indeed confidence in the unparalleled competence and creativity of the European (does that bother you, me saying that?) to somehow react to the new situation and come up with a new modus vivendi. Who cares if the car is facing it’s demise, the parvenue that is around as late as 1960, new low energy footprint communication technology is underway to make the stupid stinking dust bin largely superfluous anyway. Life was good in Holland and most of the rest of Europe for five centuries, even without oil, without cars, without industry. Now we have a vast repository of knowledge and methods to choose from and we can select what we can use and what not. Life in itself costs nothing… 1 liter of water, a few apples, potatoes, an egg… life does not need insurances, cars, intercontinental travel, five star hotels, mountain bikes, gameboys, skiing. Let it fall apart, something new will come after it.
Enjoy your 1 dollar Philipino haircut, paid by your western pension money. Yesterday I paid my Dutch barber 14 euro (18$) for 15 minutes work, meanwhile discussing international politics, the housing market and the weather. So there is a lot of decline potential before we are at the bottom of where you are. What you are doing is typical for the highly individualistic American with zero collective identity. One day it is Colorado, another day it is Nebraska and yet another day it is the Philipines. A speculators life. Jim Rogers is a prominent example, just like Bill he is singing the praise of Asia, where supposedly the future lies, impressed by high growth rates, that will be gone with the wind there as well when resource depletion will really bite. You are king now in the Philipines, with your dollars, but wait until the buck stops. Asians are good old racists and will have zero interest in you when you are a beggar. It is as Dmitri Orlov says: in situations like this social capital comes first, family and friends and local community. You should anticipate an old age in a rocking chair with a grand child somewhere in Ohio, rather than playing Indiana Jones in an overpopulated jungle… just to ‘survive’.lol You remind me of these British who moved to the Falklands in 1980 to escape an impending nuclear war in Europe, with these tensions around Pershing and SS20 nuclear missiles.