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- Jul 18, 2007
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Economic Collapse
Alternative media activist Alex Jones discussed the pending economic collapse and its relation to the New World Order. Several years ago, he warned that banks were planning to artificially implode the subprime mortgages, and now we've seen that come to pass.
A thousand trillion in fake assets were leveraged out by select international private banks, who used the "false paper" to buy up things such as media companies, defense contractors, shipping companies, and mines -- then the real assets were "fenced" into key infrastructure leaving the big brokerage firms and banks as hollow fronts ready to fall, Jones explained. The public is then told "you will be in a depression," unless you sign on for the bailout, he continued.
The proposed $700 billion federal bailout plan will actually end up costing $5 trillion, he declared.
This plan, if enacted, will lead to 20-40% inflation in the next 2-4 years.
Alternative media activist Alex Jones discussed the pending economic collapse and its relation to the New World Order. Several years ago, he warned that banks were planning to artificially implode the subprime mortgages, and now we've seen that come to pass.
A thousand trillion in fake assets were leveraged out by select international private banks, who used the "false paper" to buy up things such as media companies, defense contractors, shipping companies, and mines -- then the real assets were "fenced" into key infrastructure leaving the big brokerage firms and banks as hollow fronts ready to fall, Jones explained. The public is then told "you will be in a depression," unless you sign on for the bailout, he continued.
The proposed $700 billion federal bailout plan will actually end up costing $5 trillion, he declared.
This plan, if enacted, will lead to 20-40% inflation in the next 2-4 years.