If Michael is at least one half right, I am glad us silver bugs are ready to rumble.http://lonerangersilver.wordpress.com/2011/06/29/michael-ruppert-we-have-until-july-at-the-latest-before-economic-collapse-begins-3/
Michael Ruppert – We Have Until July at the Latest Before Economic Collapse Begins
Michael developed that theory right after the Japan earthquake. If I remember correctly, he thought Q2 earnings reports would be so dismal because of the influence of Japan, that there would be an equities crash that would trigger collapse.
I appreciate Rupert but there is literally no way you can make a prediction like that with any certainty whatsoever at all from way back in April. Sorry. The markets are far too volatile and dynamic.
Have you guys seen "Collapse"? You can stream it on Netflix if you're a subscriber: http://movies.netflix.com/Movie/Collapse/70123600
He makes many great points and I did learn a few valuable pieces of information, but he's obviously a broken man. I feel sorry for him; watching him sit there chain smoking like a complete hypocrite, not answering the questions directly and breaking down into tears at least a few times. I think he needs to worry less about everyone else and more about himself, personally.
And regarding this video; it's just Mike being Mike...what else would you expect?
Much as I admire Mr. Ruppert, and appreciate his work, I'm sorry to see this particular announcement. If it fails to pass, he'll look bad. If it comes to pass, people will be so impacted that past predictions will not be a priority.
Personally, I strongly doubt that a collapse will come in July. I'm of the opinion that TPTB have too many cards left to play.
However, I think this is an absolutely excellent opportunity to test out your own preparedness. Go offgrid for a while, and see if you have what it takes to make it, for food, light, heat, water and the other essentials. Whether he's right or wrong, you'll come out ahead.
I know I would have a hard time without ice cubes in my whiskey.
ICE CUBES bitches!
but other than lacking a stockpile of ice, im good to go
i would also like to thank the inventor of air conditioning, it was cool while it lasted
Yes, I do love my A/C.
Gonna miss it...
Have you ever been to Sebastopol, CA? It is one of the most bucolic, affluent pockets of wealth in the U.S. It's where the film "Peggy Sue Got Married" was filmed, if that helps you to visualize it.
Why would this individual (if he was sincere) choose to set up his base of operations, which is devoted to TEOTWAWKI, in a bankrupt state like CA? A state with confiscatory property taxes? In a town sitting right on the San Andreas fault?
My guess is that ol' Massah Ruppert knows he can continue his life of ease there, secure that life goes on, and that he will have no problem making his living selling apocalypse to the hoi polloi.
You can have his sorry ass...
I tend to discount people who are in the business of selling their information services yet appear to have no primary sources of information.
His Japanese information source is ? (it appears to be his colon)
There is no quarrel with the concept of quarterly earnings reports affectations and its connection to global production. But his conclusion is based upon a series of flawed criteria.
There is no imminent collapse here in Japan. I have seen production numbers that tell me so. But hey don't believe some guy on the internet right ? I reckon that includes Michael Ruppert and his sweeping oversimplifications based upon what a "caveman" knows.
If one calls for the collapse of the system based on debt levels, then again I have no argument
It therefore becomes a question of when said system will collapse. 1 quarter ? 1 year ? 5 years ? 10 years ?
nobody knows and anyone who says they do is a liar.
I am about as ready for a crisis as you can be. My PM's are safe on situ, 2+ months of food and water stocked, bug out bag ready, meds collected etc.
I am mostly in cash/metals, my passport already has a valid exit visa for the next calendar year
and I ain't buying what Ruppert is selling
the beauty of these kinds of prognostications are that we can wait into July and August to see if the markets will move the way Michael claims they will. Could he be right ? yup. Could he be wrong ? more than likely.