Wednesday, October 6, 2010

The Fed Is Dead, Maybe By 2012

OK, so Nassim Nicholas Taleb, the “Black Swan” author, actually said: “The Fed won’t exist in 25 years.” Warning: It’ll happen much sooner, fallout of the coming Second American Revolution.
It’s inevitable: Wall Street banks control the Federal Reserve system , it’s their personal piggy bank. They’ve already done so much damage, yet have more control than ever.
 Warning: That’s a set-up. They will eventually destroy capitalism, democracy, and the dollar’s global reserve-currency status. They will self-destruct before 2035 … maybe as early as 2012 … most likely by 2020.
Last week we cheered the Tea Party for starting the countdown to the Second American Revolution. Our timeline is crucial to understanding the historic implications of Taleb’s prediction that the Fed is dying, that it’s only a matter of time before a revolution triggers class warfare forcing America to dump capitalism, eliminate our corrupt system of lobbying, come up with a new workable form of government, and create a new economy without a banking system ruled by Wall Street.         
More Here..


  1. No problems here to worry about .
    The Fed and bankers have the money printing +"Austerity'plan to rein in welfare and costly food stamp rrograms.
    In this way bailouts and continuing wars can be continued to save the system.
    Too bad about the american people!
    The cental bankers of the world have already agread and pointed to the necessity for 'austerity" and increased taxes for americans.
    This is the typical economic program applied in many third world countries in the past ,upscaled for the US.
    "Responsible" politicos from both parties agree and even some Tea Partiers accept the Austerity line of cutting welfare benifits to save the system while looting the assets of the middle class in order to keep american business profitable .
    In other words america is to be
    I .M .F ..ked over
    and given a third world debtors status.

  2. I cant wait We will see a civil war than.

  3. He is wrong. Has been before and will be here now. The Fed controls too much and they will simply find a new way to manipulate stuff. When will the people of America wake up? They are doomed!

  4. And what I mean by doomed, is that the Fed will continue to devalue until all you have left is your precious nuggets of gold in your worthless house.

  5. 703 - Right, those precious nuggets of gold go UP in value as the dollar goes DOWN. GOLD = REAL MONEY, HARD ASSET.

  6. They won't destroy capitalism. Capitalism is ubiquitous and is used in every society. What the author means is that they will destroy freedom that allows Americans to use capitalism to prosper. That is very possible but it will be the fault of our government not the fed.

  7. It's all a setup. Problem reaction solution.

  8. The Fed isn't dying, its the Federal gov't! The Federal gov't now pays out more in non-discretionary spending than collected revenues. The only thing preventing the federal gov't from closing its door is deficit spending.

    Also consider that the Federal reserve now is the second biggest holder of US gov't debt (China has slightly more), Perhaps by the end of the year the Fed will be the biggest holder. The Fed is moneterizing the debt and its just a matter of time before the dollar become worthless. When dollar collapses, so does the federal gov't, unable to pay its debts, buy goods and services.

  9. George Soros and many other ultra rich people have been preparing to leave the country. Soros has a place waiting for him and his family in Singapore... he is tailing it when it all happens.

    No people the Fed is not behind this, the politicians are not going to be safe in some magical underground fortress. I don't know why people don't recall history, leaders are always trying to get out of the country and often end up dead when societies crumble.

    This is all the effect of various causes finally converging together. There is no safe haven. Gold won't help you either... who'll be there to evaluate the trade and enforce decisions? Nobody will be working at stores, no cops, no nothing.

    Self and the ability to work together with other selves is the only significant focus now. See the predicaments across Europe? Riots, people and police attacking each other, buildings on fire... is that really effective?

  10. Goodbye capitalism, can't say we will miss you. For all the slaves it must be a bitter end to that long one-way relationship.


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