for expanding its sphere of influence on infiltration instead of invasion and so very soon instead of elections and intimidation instead of free choice it is a system which has  conscripted vast human and material resources into the building of a tightly knit highly efficient machine that can bind military diplomatic intelligence economic scientific and political operations its preparations are concealed not published its mistakes a buried not headline its dissent is a silenced not praised no expenditure is questioned no secret is revealed that is why the athenian lawmaker stolen the created a crime for any citizen to shrink from controversy but i am asking your help in the tremendous task of informing but first he will make you miserable president james garfield the truth is incontrovertible panic may resent and ignorance may deride it malice may distort it but there it is winston churchill you ma plans to get out of debt lose weight or get a job promotion small business owners have weekly meetings with their staff to plan for success large companies and institutions have business planes strategists marketing departments legal guidance and financial directors if it is in our nature to plan for success why is it so hard to believe that powerful people might get together and have a plan to protect their interests if you're not paranoid you're just not paying attention conspiracy a secret plan or agreement between two or more people to commit an illegal or subversive act anyone trying to get out of the system to avoid this paradigm shift or points to government crimes is branded a kook a nut or conspiracy theorist why do people choose to take the easy road and accept the government version of events when they lie all the time the answer is very simple most information is withheld from the public and ignorance is bliss these conspiratorial ideas are discarded quickly as part of our ego defense mechanism or our cognitive dissidence they are discarded without addressing the possibility or validity of ideas presented from older people they say it's impossible for them to keep things secret from younger people it's more like i don't want to think that it is possible we are entering a time when if you don't even entertain or question what is going on everything you are own or love is at risk and for the most part these conspiracy theories are not serious they are fact and when there is smoke there is always fire look at the creation of the federal reserve it was created in a clandestine meeting of political and banking elites at a private resort on jekyll island georgia in one hundred twelve the conspirators attended in sealed railway cars and only use their first name so that the servants would have no way of identifying the men from their own memoirs these men admitted to their conspiratorial plans out of the secret meeting came the most powerful privately and foreign owned corporation the world has ever known through its control of our money the elite that own the fed control other banks corporations assets media politicians militaries and ultimately you this one conspiracy is a fact and big enough and true enough for everyone to look under the surface of everything else using the trivium that consists of observation hadzic and rhetoric you should be able to question everything and make your own determination of what is true or false without hurting your ego in fact her ego will be strengthened by being able to understand your world and give you the confidence to take massive action nothing less than to create a world system of financial control in private hands able to dominate political system of every country and the economy of the world as a whole carol quickly bill clinton mentored under professor quickly with the rhodes scholarship program professor quigley's work centered on the existence of a permanent shadow government of powerful bankers and businessmen and government officials that control the agenda of her political life from behind the scenes it was necessary for me to gain access to this inner circle in order to become part of that decision making process that shapes our world bill clinton in one thousand nine hundred three interview with the wanderer the elites plan is very simple more for them less for you we're supposed to think that all events are accidental or coincidental and because of that we should think that there's nothing that we can do about it in politics nothing happens by accident if it happens you can bet that it was planned that way franklin delano roosevelt there's a story of a new england farmer with a small pond in his past year each summer a group of wild ducks would frequent a pond try as he would a farmer could never catch one a matter how early in the morning he approached no matter how carefully constructed applying or what kind of duck call he tried some how those crafty birds sensed the danger and managed to be out of range of course when fall arrived the ducks headed south and the farmer craving for a duck dinner only intensified then he got an idea in the spring he started scattering corn along the edge of the pond the ducks like corn and since it was always there they soon gave up on dipping in forging for food on their own after a while they became used to the farmer and began to trust him they can see he was there benefactor and now they walk close enough to him with no sense of fear life was so easy they forgot how to fly but soon it was an important because now they were so fat they couldn't have gotten off the water even if they tried fall came in the duck stayed when you came in the pond froze the farmer built a shelter to keep them warm the ducks were happy because they didn't have to fly the farmer was especially happy because each week all winter long he had a delicious duck dinner that is the story of the america's great depression and our future wild horses used to roam the countryside free and independent the same process man used to domesticate the horse is the same process the elite have done to enslave humanity thinking is the hardest work there is which is probably the reason why so few engage in it henry ford one of the greatest challenges to becoming totally free is to be able to think independently from everyone else you know instinctively no one cares about you as much as you care about yourself yet we constantly listen to others about what is best for us instead of thinking about what is best for us that is because we live in a world where everybody tells you what to think but no one tells you how to think we are blasted every day with advertising financial sales pitches sometimes you wish people didn't agree with you all the time at m f global we tell you what's good for you political media propaganda religious dictates and more and more social pressure to conform most of our lives we do not make any real decisions we just kind of fall into a routine you see when you really don't think you leave your mind open to people who do think the real and most often unnoticed danger is a class of predators manipulating societies for their own selfish benefits if you go along to get along and not think outside of the box you risk being caught in the undertow of a doom society or worse there's a lot of money and power derived off of having a sucker born every day our lead mold societies by educating people just enough to run the machine but never enough to ask if this is the best machine for us think about it our controlled school system teaches sex drugs and multiculturalism and the third fourth and fifth grades and not even how to balance a checkbook by high school the elite utterly dependent people to control for power and profit they do not want fully aware people who can see through the mainstream media lies the wall street ponzi schemes or federal abuses they certainly do not want people educating others to our common place of this illusion your thoughts served to free you or simply to make you fairly serve your thoughts are not your own if you ever wonder why americans are broke depressed and lifeless look no further than whose thoughts they are thinking if they are listening to the elites financial con men they're constantly stripped of their wealth through a myriad of schemes if they're listening to the elites mainstream media they're depressed about the national problems because they're too big and the experts say that there is no hope or worse hope is coming someday if they're listening to the elites medical community they're hooked on psychotropic drugs they will never get their fire back by tackling their life's challenges the elite give us the illusion of freedom but control all of the choices the elite give us the choice of five hundred cable stations and yet the same message comes from every one of those channels they give us aisles and aisles of food and yet ninety percent of it is just corn and soy by products they give us a choice of hundreds of political candidates yet nothing changes because both sides are bought and paid for by the elite they give you the choice of investment of stocks bonds and real estate but when this all goes down you will see that it's all part of the same illusion of the dollar this paradigm is controlled by the elite and if you don't think independently for yourselves you cannot help but to be controlled whether you know it or not every aspect of your life is monitored regulated taxed and controlled not for your betterment but for the betterment of others to do most high paying jobs requires a certification or a license that's a form of control most assets that you have our own and right are not yours try not paying property taxes on a home that you own outright and i'll show you who the real owner is all your communications are monitored and recorded now the federal government wants these records to be kept indefinitely you think you own your four hundred one k try getting your money out or how about the stocks that you own outright the fact is the d t c c the depository trust and clearing corp owns all of the stocks that are traded if you want to do anything to your home you better get permission from the homeowner association or the local zoning board all these examples plus many many more have nothing to do with making your life better be exist to create power profit and a parasitic life for somebody else let's take a more detailed look at this our entire life is a rigged game designed to keep us down we are fed consumerism taught that we have no purpose taught to obey medicated with alcohol or  drugs early pregnancy is glorified poor diets with fast food because of a poor education people have a lack of vision we have unhealthy relationships were entertained and not really educated divorce is a huge setback for many people with this economy we're faced with a dead end jobs and entitlement mentality we are trained to work for the government people are saddled with credit card debt auto debt mortgage debt student debt people are driven to attain worthless diplomas to become licensed professionals and once they find some sort of success they're marked with progressive taxation they can become a legal or a target if they create a business they're forced to deal with increasing regulations and scrutiny and then after they're all done they're faced with the death tax and regardless of what level of society that you're on you're faced with federal that state local debt corporate bailouts weak economy bank failures energy dependence inflation outsourced jobs wars political distractions illegal immigrants propaganda popping of asset bubbles genetically modified food cancer rising health insurance and most dangerous of all other ignorant people at the root of all these traps there is an elite has created perpetuated and profited off of this reality and yet if people were truly to see how the world functions they would see that the elite are unnecessary along with their traps there are seven billion people in this world it is crazy to think that less than ten thousand people control this paradigm yet this is only possible in the elite convince the seven billion people  that they need the only and the institutions that they run our problems start and stop with us we are stronger than they are and they know it they lack any personal or relationship skills to work with others without the threat of force their most powerful weapon is the lie the lie that they convince us to believe start seeing the world as it is and think for yourself watch money money is the barometer of society's virtue when you see that trading is done not by consent but by compulsion when you see that in order to produce you must obtain permission from those who produce nothing when you see that money is flowing to those who deal not in goods but in favors when you see that men get richer by graft and b pole rather than work and your laws don't protect you against them but protect them against you when you see corruption being rewarded in honesty becoming a self sacrifice you may know that your society is doomed iran and there's a trillion dollars in global sovereign debt that needs to be rolled over in two thousand and twelve this does not include state local corporate or personal that there's simply not enough cash in the world to buy all this debt what is worse who would who in their right mind would loan cash today for ten years for guaranteed return of one point eight five percent we know that inflation is at least running at ten percent in the real world and you are taxed on the gains that you make before inflation making bonds a very bad choice for anybody but this debt must be funded our entire way of life and what most people do not know is that our money is debt every dollar that comes into existence has a dollar of debt and interest attached to it the only way to pay back this debt and interest in this debt based monetary system is that we need to create more debt every year in excess of the debt and interest accrued the year before or we suffered the mother of all margin calls there was a movie in one thousand nine hundred one called rollover that highlighted what would happen if this debt was not rolled over you have two one two and four listed as a foreign exchange account but you don't buy other currency with those dollars like gravity like the ocean it flows what it wants to flow this whole thing with the arabs and gold is not about we're just going with the timeline the only question is whether you want to let it go like an unguided missile or raise every penny they had with us they had all the other outfits too so it's across the board i mean every bank in the country out there is going to be struggling for liquidity trying to cover those cash withdrawals were dumping everything treasury bills bonds fannie mae's commercial papers we wanted also fed funds euro dollars borrowed whatever you can find up to two hundred million foreign exchange no positions bullion grab what you can get scene outside of manhattan bank would have duplicated all over the world as people saw their life savings become worthless and a matter of hours good evening i'm george page in new york and this is another in our series of reports on the world the economic crisis the growing paralysis of the industrial world has left millions without jobs without money and without hope crowds of unemployed bored into washington yesterday they stood in silence protests before the nation's leaders at the same time more than a outraged crowd demanding action a bankrupt world seems to be teetering on the very  and now for continued coverage from around the world a statement was issued from the opec meeting today at the leading oil producing nations would resume oil exports as soon as the international monetary markets have stabilized the panic has spread across political and philosophical boundaries the u s s r and the developed eastern european communist countries dependent on western trade and capital have witnessed the same riots that have taken place in the west economic summit conference tomorrow will be attended by leaders of the west the east and the third world said one there is a need for unity of purpose and risotto unequalled since the end of world war two at this time of crisis there has been a turning to the past as well as the future where it spoken by president franklin d roosevelt in the depths of the depression or quoted in the senate today this is preeminently the time to speak the truth frankly and bo shrink from honestly facing conditions you know a country today this great nation will endure as it has endured will revive and will prosper we face our common difficulties they concern thank god only material things since this must be done let's look at some of the options available and i can tell you that none of them are good if you have any cash stocks bonds pensions insurance policies or real estate the government can massively raise taxes and cut spending that would destroy an already weak economy the federal reserve and other privately held central banks can buy more debt and to continue printing money but this would most likely cause other sovereign nations to dump the dollar adding to the inflationary fire here at home they could allow the free market to determine the real rate of interest that would reflect the true risk of lending money to an insolvent warmongering spend thrift nations and systemic decline with one hundred forty trillion dollars in unfunded liabilities in the system the system cannot handle high interest rates america could just default on the debt and we would see a massive upheaval in every aspect of our lives and would guarantee that it would lead us to war there is one option that would buy more time that you are not paying attention to the government can confiscate your retirement savings this is a very real and distinct possibility when governments cannot raise capital in the bond markets or when governments cannot raise taxes in a faltering economy they could very easily go after the fact free money sitting in people's retirement accounts if that was just the end of the thieving that would be one thing but it never stops there when argentina went through their hyperinflation they froze all accounts checking savings retirements accounts and then devalued and inflated away the currency people could only take out small amounts of money out of the bank while the majority of their assets turned into nothing i think this won't happen here almost a year ago the department of labor floated a trial balloon about a new ties in their four hundred one k s the plan was to get rid of those and risky manage retirement accounts and put their savings into safe and secure treasury bonds we are at a point where china japan and the rest of the world refuses to buy any more of our debt the federal reserve is already buying eighty percent of the new debt and has balked at q e three and people wonder who in the world is going to buy into the biggest bubble ever well the answer just might be your retirement account and it didn't take long but the treasury has already started the thieving when we had the debt ceiling debate that was ongoing the treasury dipped into the pensions they bought a couple days by not eating its investment into government retirement funds but this trial balloon is just tipping the toe into the water of the trillions that will see before all this is over there will be no grand reform and everything is going to plan as the world gets ready for the largest wealth transfer in human history to the millions that have been riding this ponzi gravy train they're going to meet a very rude awakening when the dollar collapses these people will have their paradigms shattered when the that they thought they had is wiped away they will also be out of a job and realize that they're ill prepared to join a very real economy during the collapse of the soviet union those that work inside the system where the last to adapt to a new paradigm and often failing to adapt at all those that see this mathematically inevitable collapse coming and actually do something about it will have a huge head start as the rest of the world tries to figure out what the hell happened unlike us when we reach the end of our credit line the government will never stop its profit gateways it will simply blow through every dollar it can get its hand on trying to put off the day of reckoning i believe that before all this is over and the dollar dies your retirement funds will be wiped clean if you are before one k i right social security annuity insurance or any long term savings plan or pension be prepared to have it destroyed by inflation or outright confiscation my question to you is what are you going to do about it the alarm has been sounded the treasury is coming t treasury is coming are you going to risk your entire life savings in the hopes that this ponzi scheme will pay out before the collapse we wait until the real purchasing power of those dollars are worth nothing or really get out where the music still playing what is worse paying a ten percent penalty or hundred percent confiscation penalty if you can't get your money out borrow against it and if you can do neither kiss it goodbye and start preparing for something else the united states can pay any debt it has because we can always print money to do that so there was zero probability of the full well we don't have a system that's working we have one that very simply moves cash around and we can ves it is the one that is most adaptable to change charles darwin you can fool some of the people some of the time but you cannot fool all of the people all of the time abraham lincoln we are in a major paradigm shift that like the tsunami starts slowly and ends up with the landscape wiped clean the paradigm shift is from paper assets into real tangible assets this shift happens every generation or so where one asset class dramatically opera forms another in the one nine hundred forty s and one nine hundred fifty s paper assets like stocks and bonds for the place to be in the sixty's and seventy's real assets like oil cattle and precious metals were the best performing assets in the eighty's and ninety's paper assets once again reigned supreme since two thousand and there's been a real rush from paper assets into real assets this paradigm shift will be much more dramatic than anything we've seen in our lifetime this asset shift is going to coincide with other major shifts in demographics politics and world power the collapse of paper assets will not only include stocks and bonds it will be the collapse of the entire basis of our society the dollar the dollars the nexus of all commerce in is our way of life the almighty dollar has terminal cancer and it will not recover to live to see the next paradigm the shift from paper assets to real assets is driven by money debt creation since our dollar is debt it is necessary that more debt is created every year in excess of the debt and interest accrued the year before the majority of this debt was created during boom times when no one feared debt when the inevitable slow down came the elite created more money in debt to keep the system going this new money in debt creation relative to the amount of goods and services available in the slowing economy produces more inflation which naturally boosts the value of real assets this cycle has been successfully managed by the elite in the past with the creation of bretton woods the time there is no way out except for default how the default plays out is still up in the air i believe we'll get another deflationary shock to scare congress in the us to create more money and then it's off to the hyper inflationary printing presses the only way to protect yourself from this mathematically negative bull disaster is to sell all of your paper assets now and buy real tangible assets one of the common most misconceptions of real tangible assets is the thought that real estate is a real tangible asset after all it is called real estate real estate is much more a paper asset than it is a real tangible asset and it will suffer tremendously during the dollar collapse real estate is often the biggest question i get my strategy sessions real estate is such a huge personal investment so it's hard for people to think rationally in an emotionally about it if you can not only grassed this idea but have enough courage to follow through with your idea this could prove to be one of the most important decisions you'll ever make i want to lay out as many reasons as i can on why you should sell all of your investment real estate portfolio right now i would have preferred if you sold your real estate and bought real tangible assets like i did in two thousand and five but we're on the verge of another lay down and real estate in the name of the game is wealth preservation beyond wealth preservation i believe those who hold their wealth and real tangible assets will see a massive increase in real purchasing power so here are all the reasons why you should flee the investment real estate market while you still can number one real estate is not a tangible asset sure property is real and tangible enough but its value is dramatically affected by the paper debt market almost all real estate is bought with mortgages debt and leverage even if a property is paid in full with it's values directly affected by competing betters who are using leverage debt to pursue that property if you still think your properties a real asset ask yourself what is your property worth without a thirty year mortgage what is it worth if interest rates are say ten percent instead of four percent what is the cash value of your property if there is no credit market at all what is the value of your property if and when the dollar collapses the answer should show that the value of real estate is much more determined by the paper debt market than its real tangible value number two most of your real estate is not an asset at all most real estate is non income producing property if your property does not prove to be a cash flow positive asset it is by default a liability when you factor in all the taxes interest maintenance and upgrades you will see what a drain it can be as not to say that it does not have value is just not an asset number three look at the real rate of return the government is outright lying about inflation they do this for many reasons which i'll discuss later if the government was telling the truth about inflation he would not see a benign two percent inflation we would see something more like ten percent inflation this statistic has been manipulated for decades so the compound in effect of the simple lie has stolen trillions of dollars of wealth from people even though the nominal price of your house has gone up over the years the real inflation adjusted return is probably negative number for even in a hyper inflationary environment owning property is not a no brainer in a hyperinflation the value of mortgage debt would essentially become worthless and is great for owning your property outright the reality is that there are going to be other factors that will dramatically affect the real value of that property and the hyper inflation the food in your freezer drawer will be worth more than your mortgage the cost of running your home will be exorbitant what if you cannot afford higher water electricity or gas bills what is your property worth if these utilities are not working or even available number five real estate is an illiquid assets what if you're in the wrong area when this all goes down having the better part of your wealth tied to an asset that cannot move is highly disadvantageous during a period of social upheaval we have all seen pictures of refugees leaving their homes with the few possessions that they own what if you are in an area that is going through massive social upheaval if you have the majority of your wealth tied to an area that is essentially a war zone your putting your life in your fortune at risk unnecessarily this is magnified by the fact that when the dollar collapses there will be no real estate market for you to sell into you can easily put two hundred fifty thousand dollars worth of gold into a small arse and take it wherever you want and it is accepted worldwide number six you never truly own real estate even if you own your home outright you still have to pay taxes on it if you do not pay taxes you will see who has the real ownership of your property there is a way around it and you can get a lawyer deal title to your property this kings title means that no one can put a lien against your property first you need to pay off your entire mortgage then you need to buy the bond that is attached to your property and pay that off to a cost anywhere from six to eight times your property taxes when this is done you need to go to your town hall and have your property reclassified as private property many churches have their properties held this way and they do not have to pay property taxes this is something i've only taken a passive interest in but after the collapse i will make sure that any property i buy will have a loyal title once you have a lawyer deal title you cannot put a mortgage on it having in a lawyer deal title is a great estate planning tool since they can be no lien put on the property it is also off limits a loss is this is not available in all states and is something that we have to look into more in depth until then silver and gold naturally have a lawyer deal title to it and it is without counterparty risk number seven taxes will be raised as local governments become more desperate during the boom a few people saw or cared about property taxes they figured as long as the asset went out taxes for sure to follow many figured if the property value fell the taxes when they actually go wrong local governments either kept taxes the same when property values fell or worse raised the rate or taxable property valuation to steal more money from you the sad thing is we have not seen anything yet when the dollar collapses governments will become more desperate and take extraordinary actions to maintain their power for local government the best place to steal money is the property owner the local government can raise rates and there's nothing you can do about it if you don't pay they'll simply take your property and sell it  tax sale another thing you should be concerned about is the three point eight percent transaction tax on property signed with the obamacare program number eight but they can't tax they will take governments have many other tools in their pocket to steal your property leg zoning what if they mandate that your home must be energy neutral before you can sell it what if they use eminent domain to give your property to corporate pirates what if there is a new zoning laws that says you cannot build within five hundred feet of a water source or an endangered species what if they pass regulations to force you from your home like planned in agenda twenty one number nine income producing properties are risk also the value of an income producing property is directly tied to the economy if the economy cannot support businesses the value of the underlying property is worthless overnight property turns from an income producing asset into a cash sucking liability i've seen franchises go broke and once prime property and loses fifty percent of its value overnight with so empty properties on the market it acts as a drain on your ability to hold rents up number ten if the economy is bad it also limits the highest and best use for that property a property's value is judged by its highest and best use hypothetically for retail property selling cars is worth five million dollars during boom times it might be valued at more than thirty five million dollars for high priced condos but if the economy should suddenly turn in the market for high priced condos falls is no longer worth the thirty five million dollars or even five million dollars it may only be worth the two million dollars that you bought it for twenty years ago and that does not include inflation number eleven a bad economy bleeds into the family rental market also when the economy deteriorates people lose their minds domestic violence and drunk and disorderly rises people still air conditioners and strip homes clean if people don't have jobs they can't pay for the rent counts maniac loss from preventing you from getting rid of nonpaying renters people stop caring about life much less the upkeep of property even if you do get rent the real value of their rent is falling as things get tougher if things get really bad people will be paying more for food and heat and may not have any money to pay their rent finally the renters may look at you as the cause of all their problems you probably look like a rothschild or a rockefeller to most of these renters and they may take their frustrations out on the guy that's taking money from them number twelve renters have no buffer i know this is a broad generalization but most renters do not have a buffer in fact half of all americans cannot come up with two thousand dollars in one month for an emergency rent is often the most easiest expense to skip out on i have had more than a few members who have told me that they fear if their renters don't pay they don't have a buffer to even pay the mortgage they now see how their asset can be turned into a liability at any time number thirteen the existing home inventory is going back up during this past summer it took approximately nine months to sell your home now that winter is coming it's taking much longer and wait until after the next financial crisis many people simply cannot afford to sell their house because they owe too much on their home number fourteen flippers make up a huge portion of those sales the sales numbers are skewed because there are a lot of homes that are bought and then sold so the real buyers that are actually moving into new homes is much lower than we were led to believe and were fifteen the shadow  y the shadow inventory sounds scary well actually it is on top of the homes that are on the market there are millions of homes that are not on the market these are homes that have been foreclosed upon by the banks and they're not even attempting to sell these homes they know if they dump all these homes on the market it will crush all of the performing mortgages as home prices sink further and people just stop paying can you imagine what the real estate market would look like if these homes were brought onto the market most of these homes are high priced homes and if they sold at a fire sale the price compression in the market would be severe number sixteen there's millions of homes beyond the shadow inventory even if we somehow get past the gut of existing and shadow inventory there are millions more beyond that there are homeowners that have simply stopped paying their mortgages and that they have not been foreclosed upon even though they should i have many members who have not paid their mortgages in years some haven't even been contacted they pay their property taxes and utilities these homes tend to be on the lower end in undesirable areas they also seem to be very upside down these people draw strength away from the renters market if they're not a victim they don't need to rent your property there are also strategic defaulters that purposely don't pay their mortgages even though they can they make the cold calculated decision to not pay because they are upside down and they know that the banks will not take a bath on the property so they live there for free and maintain the property for the bank to foreclose upon them one day number seventeen we still have another year of mortgage resets and we're not done yet beyond the existing beyond the shadow beyond the as of yet to be foreclosed we have millions that will fall into default as the mortgages reset and they lose their job in an ever worsening economy you might remember that this housing mess all got started because people got over their heads with real estate but also the mortgages people with no jobs or income now had exploding mortgages that reset at double the payments the adjustable arms and all plays are still coming due and the properties are worth a lot less and people's financial and job situations are much worse this coupled with stricter lending is a potent combination number eighteen the mers monster the mortgage electronic registration system is a scheme cooked up by the banks years to slice and dice huge pools of mortgages into tranche is so they can resell the pools of mortgages all over the world this is a huge problem since there is now no clear title of the properties banks cannot for close upon the properties in default would you feel comfortable buying a property from a bank knowing that millions of mortgages are involved in this mess you may wake up to find that the property that you thought is a steal is actually somebody else's property this mess can only be fixed by some huge act of congress or the destruction of the dollar number nineteen much of the paperwork that was done was done very wrong i knew some of the guys that went into the mortgage business and made huge money one guy in particular couldn't even fill out a purchase order for a car he left me and went on to making half a million dollars a year as a mortgage broker i would bet you every single mortgage that he wrote was not disclosed properly or was not documented properly when times are good buyers turned a blind eye because they wanted the american dream now the dream is turned into a nightmare and there's a huge mess to clean up there are now rumors that banks are now voluntarily reducing mortgages by huge percentages while this may sound good i'm sure that there's a big hook my guess is that without clear title these banks are trying to get clear title to the property so it establishes their clear ownership i would think twice before you take this gift number twenty tougher lending standards means less buyers credit requirements are tougher as banks seek to sober up their balance sheets they require more money down and are more stringent in their lending nearly twenty seven percent of all mortgage applications are rejected now also there are mortgage caps that are now in place where banks won't lend past six hundred twenty five thousand dollars number twenty one the bigger is better generation is scared the boomers are known to be the me generation as they sought to have the biggest and best bumper stickers like he who dies with the most toys wins was very prescient once boomers wanted the mcmansion the summer home and a few rental properties to pay for their retirement now that they have lost everything in the stock and housing bubble it seems like it's too late for a second chance without this generational demand it's going to take years to fill the of homes we belt we are going to see american ghost towns again number twenty two the generation below them is broke if boomers are scared in downsizing there must be a generation below that will pick up the slack as they grow right my generation's destroyed not only were we latch key kids we were told to embrace debt by our fearless baby boomer parents after all what worked for them should work for us there is now an unprecedented one trillion dollars in student loan debt chained to my generation thanks to george bush this debt can never be gotten rid of through bankruptcy so here you have a generation with twenty thousand to two hundred fifty thousand dollars worth of debt before they earn one penny in the real world never mind the credit card auto and home debt this debt is going to keep my generation from starting families and having disposable incomes many are just getting by right now but wait until the next shock comes if this debt is holding back families from having kids this acts also as a further throttle to the growth of long term housing trends number twenty three multi generational housing is coming back i believe the family should be moving back in to gather not only does this make sense financially it makes sense emotionally we are going to be going through some very tough times and we need to have a strong family to rely upon this trend will leave a lot of unnecessary homes in the market as sons daughters grandparents live together once again number twenty four obsolete housing many of these huge homes will simply become abandoned the neighborhood in new jersey where i grew up had abandoned beautiful old homes that were once owned by millionaires of the one nine hundred during the seventy's many of them were abandon or ill maintained as they became uneconomical during the boom of the nineties they were snapped up at cheap prices and completely renovated now with maintenance and property taxes rising these homes once again will become uneconomical number twenty five obsolete towns the value of properties in areas has a lot to do the companies that provide jobs in cleveland many of the jobs that have left have left a huge hole in the economy if cities and towns cannot keep their businesses they are doomed all along the rust belt you can see this very clearly now many of the towns that went up during the housing boom are the ones that are going to be the biggest bust some cities in florida have been estimated not to come back to previous highs for close to two generations can you imagine paying forty five thousand dollars a year property tax on a house that lost half of its value and were twenty six possible a legal immigrant exodus history has shown that foreigners tend to take the brunt of frustration of a populace during extreme economic conditions we already have a lot of tension on the border with illegal immigrants when the economy head south again the illegals may head south of the border as the opportunities get slim and social pressure mounts number twenty seven foreign investment exodus right now many foreigners are snapping up land on the cheap brazil and china have been making a lot of noise lately with their purchases if i'm warning americans about how bad it's going to be in american real estate that should be double for foreign investors you see how quickly our nation declares war and seizes or freezes assets just look at libya i strongly believe that we're going to see another war soon in this scenario all foreign assets would be seized even if that doesn't happen taxes could be raised or many other things could affect the value of that property number twenty eight capital flows east not west we are also seeing a political financial and eventually a military power shift to asia the best and brightest came to america because there was opportunity now capital is exiting the anglo american empire and heading to asia this shift to power will affect property values is real money would rather be in hong kong or shanghai rather than new york or london some of the best minds are purposely not living in america and this trend will continue number twenty nine the most important factor in the housing market is jobs we are in a death spiral for jobs we have had our manufacturing gutted and sold overseas by the elite for them to make a quick bonus do you remember ross perot and his giant sucking sound so those of you in the audience your business pay paul sample thirteen dollars forty dollars now the fact environmental controls no pollution controls and no retirement if you don't care about anything like that money there will be no jobs sucking sound going south he said until the price of labor is on par with the slave labor in other countries jobs will never come back it is sad that we did not listen to him back then the other factor is seventy percent of the economy is a consumer economy this is a massive mal investment capital how much consuming will there be when the dollars destroyed how many jobs out there serve no real purpose in a paradigm based off of real assets if you are in banking sales or work for the government chances are you are not in in trickle part of the economy we need engineers farmers mechanics and people with real skills to do real things number thirty even when jobs come back it will not be good for housing we have grown up with the american dream of instant millionaires and easy credit this new paradigm will be much slower and much more grounded gone will be the speculative excesses of easy credit in the new paradigm lending rules of yesteryear will be the rules of the future big money down strong jobs and personal references this will hopefully lead to a more rational prices in housing jobs may come back one day but it will probably be generations before we get through the speculative insanity of the housing bubble this video has been mostly focused on investment real estate but most of you only own your home if you own a home in an urban area i recommend that you get out while the music still playing suburban areas will be much safer but not much if you are in a good area i recommend that you do not pay off your mortgage even if you can borrowing money at four percent for thirty years is an absolute steal he used that money to buy real assets that are now returning twenty plus percent a year you can pay off the mortgage with worthless dollars later i also recommend that people buy in an area that is near water and food owning a home is much more desirable than renting during a financial crisis most rentals  near other desperate people having your own castle to defend is vital to surviving a collapse being evicted during a collapse is a very dangerous experience and just remember the three most important rules of real estate location location location the day after burning meat off was exposed hundreds of very wealthy and connected investors face a new paradigm everything that they knew and relied upon turned out to be a lie most americans passed it off as poor billionaires they have to live like us now but i wanted to get past the initial reaction to see how these men reacted to this new paradigm retired british army major bill foxton was known for his sharp wit and red hair when he found out his entire life savings was wiped out in the bernie madoff ponzi by a belt in this closet christian managed one billion dollars in funds that were wiped away in the bernie madoff ponzi scheme renee theory magni on day to philip who say so his fortune and his loved ones money disappear along with his clients when he lost one point four billion dollars he had invested with bernie madoff he was found in his office at his desk on a tuesday with both wrists slashed and a bottle of pills nearby his family's wealth traces its origin back to the seventeenth century his family was so rich and prominent that actually loaned king louis the fourteenth money these three were very sharp educated and well connected men they could have very easily have led a very comfortable life with their knowledge and connections i believe in the end the shock of a new paradigm far outweighed their financial losses the fact that they had been suckered and that they were complicit in the bankruptcy of their friends and family was too much for them to bear the whole government is a ponzi scheme bernie madoff every single person in this world is going to go through what these three men went through when the global generational fiar ponzi scheme of the world's currencies collapses if these guys literally bit the bullet and still had resources at their hands how do you feel the average american is going to handle the shock of a new paradigm there is little doubt in my mind that there will be massive upheaval in your physical life but i fear the mental aspect of being so wrong for so long will be too much for most to bear how will you react when your whole world changes overnight how are you going to look into the eyes of your children and say that you were so wrong maybe still think that it's not going to happen if i'm wrong then you'll be fine but what if i'm right and you did nothing during the rape of russia by the rothschilds in their early nineties unemployment rate surged and there was a forty two percent increase in the assets will buy also this means no food no fuel no money no jobs and no hope even with the first shock wave of this paradigm change we have already surpassed the suicide rate recorded during the great depression i had a father rightly about a fourteen year old son committing suicide recently i was also with another mother that told me that her daughter sixteen year old friend committed suicide and then a week later the daughter attempted her own suicide i read an article about kip rusty walker in minutes suicide by stabbing himself on stage on audience cheered all of this with the social support net still working how do you think it will be when things actually get real bad two times five times ten times as bad i believe that will be catastrophic lee worse it seems that every one of these school shootings or mothers killing their children are from people who are in some psychotropic selective serotonin re uptake inhibitors or s s r i as more commonly known as antidepressants these drugs are extremely powerful and can cause psychotic breaks that leads to violence there are websites documented forty three hundred cases of crimes that are related to these drugs these stories include everything from the virginia tech shooter to the mom who drowned her five kids in the bath i would say that these drugs are much more dangerous and guns because they cause people to break from reality we will see later about the mass medication of america and the real reason why marijuana is illegal but i do want to warn everybody of one thing nearly ten percent of the country or twenty seven million americans are on these drugs please understand that there's only a one month supply in the system the kind of psychotic breaks that will happen if these people come off these drugs too fast and mass will be catastrophic when the dollar collapses we not only have to worry about the seven to ten days supply of food and fuel we will really need to worry about the one in ten americans that are not going to be medicated while their paradigm collapses you can almost see it now humanitarian airlift dropping zoloft and lexapro from the sky but the march all they want so long as they pay their taxes alexander haig while i love ron paul and in my former life i would have come to an event like this the veterans for ron paul march but i now see this as a symbolic waste of time marching chanting holding signs does nothing you cannot solve a problem with the same consciousness that created the problem you must see the world anew albert einstein collectivist action will never defeat a collectivist problem these men and women need to find individual freedom from the system and withdraw their support from the paradigm that they are actively or passively supporting more debt restructure debt or bailouts will never solve the debt problem these men and women need to sell all of their paper assets and buy things that have real tangible value this has a deal leveraging effect in the bankers casino and provides a force multiplier with the value of the real tangible assets they have as the paradigm shifts you cannot defeat a centralized power by begging that power to reform itself decentralized power starting with the free individual mind is the only answer power must  down to the most local and responsive level you cannot end wars by marching on washington individuals must muster up the strength to say that they will no longer pull the trigger send the order or cook the food for the war machine you cannot reform politics in legacy will not be a successful presidential campaign he will be the inspiration for the next generation of politicians that see the world anew and that saw the best way to defeat a system was to walk away from that system so please don't worry the national media is ignoring marches like this