It can be difficult to understand the repercussions that would follow a collapse of the global economy, stocks and debt markets.
by MAC SLAVO | SHTFPLAN.COM | MAY 14, 2015
It can be difficult to understand the repercussions that would follow a collapse of the global economy, stocks and debt markets. While we know a serious financial event is coming, determining how it will impact our lives and preparing an appropriate strategic plan to mitigate the fallout can be a confusing and stressful undertaking.
The questions being asked by concerned Americans are plenty, but the answers are not so easy to come by. Should I keep money in my retirement accounts? What publicly traded companies are recession-proof? Will gold and silver really be of value if the whole system comes crashing down? Should I have some cash? How much food should I stockpile if the regular flow of commerce is affected? Will there be riots in my city?
In the following interview with X22 Report Spotlight, well known analyst and contrarian thinker Greg Mannarino of Traders Choice succinctly explains the challenges we face as individuals and as a nation. He doesn’t mince words and goes straight to the heart of the problem: out of control debt.
As Mannarino explains it, we are facing an event so serious that it will directly impact just about every person on earth. But before we can prepare for it, we need to understand what it is that’s going to happen and what a worst-case scenario may look like:
The central banks… by us adopting a debt-based economic model, which demands that cash be borrowed from the future in greater and greater amounts to sustain what we have here, have created an alternative universe which would not exist. If we did not have access to all of these funds that we’re borrowing from the future and inflating this debt we would not have the lifestyle that we have now.
It’s created a population boom… a population boom has risen in tandem with the debt. It’s incredible.
So, when the debt bubble bursts we’re going to get a correction in population. It’s a mathematical certainty.
Millions upon millions of people are going to die on a world-wide scale when the debt bubble bursts. And I’m saying when not if…
When resources become more and more scarce we’re going to see countries at war with each other. People will be scrambling… in a worst case scenario… doing everything that they can to survive… to provide for their family and for themselves.
There’s no way out of it.
They understand where this is going… Let’s put this into perspective… The world’s central banks, by going negative [interest rates] they’ve turned the entire financial system upside down. That’s how desperate they’ve become. They’re charging people to put cash into these institutions…
It can’t work. It’s not how it’s designed to work.
So, that should tell us all how close we must be to this moment.
As Mannarino notes, it should be obvious that we are on the very cusp of an implosion of the debt-based system upon which our entire societal structures are built. When that system falls, so too will life as we have come to know it.
Hoping Mannarino is wrong, but assuming he’s right with his assessment, we are looking at an event that may well lead to a bursting of the population bubble, something the late Michael Ruppert warned about a half-decade ago:
There are only two great bubbles on this planet left to go. The Chinese bubble and the human population bubble. And after the Chinese bubble goes the human population bubble goes. Last week we highlighted a report suggesting that by 2025 the population of the United States could be reduced by up to 78% as a result of a global crisis such as what Mannarino describes.
The expansion of commerce, food, energy, housing, and just about everything else we’ve seen over the last fifty years has been the result of credit, and thus debt, expansion. Once credit markets seize up and no more debt can be thrown onto the backs of a populace who is broke and unable to repay their existing loans, the system seizes up.
To get a small-scale view of what an event like that may look like we need only look to Greece in recent years. When credit markets froze and their government, local businesses and population could no longer get loans and commerce essentially came to a standstill. Not only were jobs hard to come by, but access to medicine disappeared, people were fighting for food and the power to the entire company was almost shot off. In Greece we saw what happens to a thriving nation once the money stops flowing. It wasn’t pretty. Luckily, because it was just one country within the European Union, the-powers-that-be were able oversee the collapse much like a controlled demolition of a building.
But what happens when the same effect goes global, as Mannarino says it likely will?
Who will come to the rescue?
In the immediate aftermath, the simple answer is “no one.” The average person will be left to fend for themselves.
Assuming the worst case scenario comes to pass and the multi-trillion dollar global debt markets collapse, the immediate aftermath will indeed be met with panic. That will quickly turn to anger as people realize that no help is coming. Subsequently, as Mannarino recently noted, the world will become Baltimore.
So how do we prepare for such an outcome?
First and foremost start acquiring essential resources now – that means food and medicine.
Have a way to source clean water and energy, because in the middle of a crisis utility infrastructure workers will, just like you, stay home to protect their families.
And on that note, have a way to defend yourself. When everywhere becomes Baltimore, emergency response from law enforcement will be virtually non-existent.
In her book The Prepper’s Blueprint, Tess Pennington outlines a long-term strategic preparedness plan designed to cover multiple layers of preparedness, from immediate emergencies lasting two to eight weeks, to longer-term sustainability for an extended crisis of one year or more.
Failure to plan accordingly will mean that you and your family will be directly exposed to the rioting, looting and violence as the system comes unhinged.
When a massive, unplanned disaster occurs, societal breakdowns, gang driven crime and chaos are all a part of what happens when a society is turned upside down. It is actually the people and not the disaster that create societal breakdowns. Unfortunately, some who participate in the breakdown of society feel their desperation is a justified reason and opportunity to steal. While some participate out of desperation to get what they need for their family.
However, the running theme in these scenarios is that desperation has no boundaries. This is the human condition and a harsh reality. When a person is in a desperate situation, they will stop at nothing to get what they need to survive. This is the entire point of preparing for disasters.
A person cannot rely solely on their country to rescue them. There has to be some sort of self sufficiency if a person wants a better chance at survival.
Hoping for the best will only get you so far. Planning for the worst may save your life.
13 May, 2015 by Dave Hodge
As a country, we are so focused on the physical threat posed by Jade Helm 15, that we are all but ignoring the economic threat to our collective well-being. The truth of the matter is that the implementation of Jade Helm clearly signals that an economic collapse is imminent.
If you know that you were having a heart attack, would you go immediately to the ER? Then why would you not take the same action when it comes to the evaporation of nearly everything you own? Do you want to be David Rockefeller’s economic slave? Then you need to do something before you run out of options.
The Banks Are Preparing for Economic Collapse
As a result of looking at several data sets, I am absolutely convinced that Jade Helm primarily exists in response to the coming economic meltdown. Very soon, the dollar will collapse and the banks will steal your money.
Will the meltdown come as a net effect of the $18 trillion dollar debt, the $240 trillion unfunded liabilities debt and the $1.5 quadrillion derivatives debt? Or, will the coming collapse occur because of a false flag cyber attack upon the banks? At the end of the day, it does not matter. The collapse will come like a thief in the night and very few Americans will even know what hit them. In an instant, everything we have collectively worked for, will have been wiped out. In short, this country is about to witness the single biggest wealth redistribution in the history of the planet.
Jade Helm Is Merely the Final Step In Bankster Preparations for the Collapse
They have been preparing for your awakening for a long time.
Does anyone really believe that DHS will be deployed to Afghanistan? Of course not! Subsequently, we must conclude that DHS has been preparing to go to war with the American people as they have collected 2.2 billion rounds of ammunition and 2700 armored personnel carriers. We are now seeing very similar behavior from the banks as they are following in DHS’ steps.
The U.S. Treasury, the federal agency charged with managing the country’s debt as well as the banking system as a whole is preparing for economic Armageddon. According to a recent release of information, the Treasury Department has ordered over $200,000 Survival Kits for as many as 3,814 employees who oversee the federal banking system. What do they know that we don’t?
An Economic Collapse Is Inevitable
America’s creditors and business allies are in the process of running from the dollar. The World now understand that the $200 trillion in unfunded obligations can never be paid. The World understands that the $1.5 quadrillion dollars in derivatives debt cannot be repaid in 10 centuries. Russia, China, the European Union, Latin America and now, the private central banking conglomerates have abandoned the dollar. The Petrodollar is breathing its last few breaths.
The net effect is going to result in a tsunami of financial and economic destruction, a meltdown of the U.S. dollar, and the American lifestyle as we have known is on the verge of collapse. And when it happens, tens of millions of Americans will be instantly impoverished and will be unable to meet their basic needs.
Most Americans Will One Day Beg for Jade Helm
I recently interviewed economic analyst, Shadow Stats founder, John Williams. Williams warned my listening audience that when the economic collapse finally does happen, we can fully expect disruptions to our food supplies . In other words, we will have food shortages and food riots. At that point, nobody will be safe and Americans will scream for relief and protection.
We can take you to safety.
by Shadow of Truth, The Daily Coin
U.S. Macro “Suprise” index has never collapsed this fast (Zerohedge): click to enlarge
I wanted to show those graphs from Zerohedge with my edits (right graph) because they show the extreme dislocation between the true economic fundamentals and the financial markets in the U.S. “US Macro”
data is the differential between Wall Street’s “brain trust” estimates for various economic data and the actual reported result. The negative differential between the expectations of supposedly educated, bright economic professionals and reality has never been greater.
The economic data – almost all of it – has been collapsing at a rate as great or greater than it was collapsing in 2008. The media propaganda megaphone loudly broadcasting that “all is well” has never been set at a higher volume.
Today, for instance, the S&P 500 spiked higher on the jobless claims report, which came in well below Wall Street’s “Einstein” forecast. The jobless claims report is probably the most useless barometer of the employment market other than the Government’s non-farm payroll report. IN FACT, with the labor force participation rate at 30-year lows, we would expect that the jobless claims report would drop. With less people as a percent of the population working, it means there’s less people to be fired.
MOREOVER, many people losing jobs do not even qualify to file for jobless benefits. A long-time white collar/blue collar worker for a big corporation is covered by unemployment insurance. An independent contractor working for an energy company or construction company (construction spending plunged in Q1) does not. Nor do the retail employees of chain stores closing down mall space. In other words, the jobless claims number is basically useless.
My colleague Dave Kranzler and I recorded a brief video which we discuss some quite shocking data which further reinforce that BOTH the global and U.S. economy are falling off a cliff:
I hope you take some time to watch the video – I think you’ll be quite shocked by the data we present…When the stock market begins to “regress toward the mean” by re-correlating with the US Macro data, the massive influx of retail investors into the stock market will get decimated – just like in early 2000 and in 2008.
UPDATE – May 8, 2015
It seems there is another data point to support what Dave and I flushed in the show. This comes to us from The BRICS Post on May 7, 2015
China’s foreign trade declined by 10.9 percent in April from a year earlier, with exports dropping 6.2 percent and imports plummeting 16.1 percent, official data showed on Friday.
Last month, foreign trade volume dropped by 10.9 per cent year on year to 1.96 trillion yuan ($320.56 billion) from a year earlier, following a 13.5-per cent decrease in March and an 11.3-per cent increase in February, said the General Administration of Customs (GAC). But April’s exports declined 6.2 per cent, 8.4 percentage points less than a 14.6-per cent slump in March, indicating the external environment is improving. Trade surplus soared by 85.2 per cent to 210.21 billion yuan last month, while expanding 3.4 times to 965.37 billion yuan in the Jan.-April period, the GAC said. China’s trade with the European Union, its biggest trade partner, waned by 4.9 per cent from January to April, while that with the United States, the second largest, rose 2.3 per cent. Trade with Japan plummeted by 11 per cent during this period.
Mac Slavo May 6th, 2015 SHTFplan.com
With economic malaise on the horizon and any number of triggers ready to set things into motion, military site Deagle.com recently posted their global forecast for 2025. The site, rumored to be a front for various alphabet intelligence agencies, says that America will soon see a large reverse migration as those who came here seeking riches and safety will emigrate out of the country following a serious, multi-year crisis.
According to the report the economy of the United States will dwindle from a GDP of $17.4 trillion today to just over $800 billion in the next 10 years – a decline of about 95% with respect to the goods and services produced within our own borders. Such a decline would be staggering, but it’s not the most ominous aspect of the report.
According to Deagel, the real concern is the adverse effects on our population, which is currently just under 319 million. If the forecast, which does not include the possibility of war or widespread pandemic in its analysis, is accurate then America may experience an event so massive that some 78% of our population would be wiped out, leaving just 68 million people living on American soil by 2025.
The key element to understand the process that the USA will enter in the upcoming decade is migration. In the past, specially in the 20th century, the key factor that allowed the USA to rise to its colossus status was immigration with the benefits of a demographic expansion supporting the credit expansion and the brain drain from the rest of the world benefiting the States.
The collapse of the Western financial system will wipe out the standard of living of its population while ending ponzi schemes such as the stock exchange and the pension funds. The population will be hit so badly by a full array of bubbles and ponzi schemes that the migration engine will start to work in reverse accelerating itself due to ripple effects thus leading to the demise of the States. This unseen situation for the States will develop itself in a cascade pattern with unprecedented and devastating effects for the economy.
Jobs offshoring will surely end with many American Corporations relocating overseas thus becoming foreign Corporations! We see a significant part of the American population migrating to Latin America and Asia while migration to Europe – suffering a similar illness – won’t be relevant. Nevertheless the death toll will be horrible. Take into account that the Soviet Union’s population was poorer than the Americans nowadays or even then. The ex-Soviets suffered during the following struggle in the 1990s with a significant death toll and the loss of national pride. Might we say “Twice the pride, double the fall”? Nope. The American standard of living is one of the highest, far more than double of the Soviets while having added a services economy that will be gone along with the financial system. When pensioners see their retirement disappear in front of their eyes and there are no servicing jobs you can imagine what is going to happen next. At least younger people can migrate. Never in human history were so many elders among the population. In past centuries people were lucky to get to their 30s or 40s.
The American downfall is set to be far worse than the Soviet Union’s one. A confluence of crisis with a devastating result.
Deagel.com via Silver Doctors
U.S. Specific Data Forecast 2025
With the predicted mass migration and drop in economic productivity will come other changes, according to Deagel. Military expenditures will drop significantly from $756 billion annually to $7.2 billion, and population density will drop from the current 33 inhabitants living per square kilometer to just 7 people taking up the same space ten years from now.
The report is certainly controversial, especially given that the source is unclear. The site claims to be a ‘Guide to Military Equipment and Civil Aviation’ that is maintained by private individuals who have no relationship whatsoever with the government. But some sources have reported that Deagel has done business in one form or fashion with various intelligence groups.
Thus, we publish this report with some hesitation and a healthy bit of skepticism, yet find it compelling enough given the current global environment that it may be of interest to readers.
The idea that a major depopulation event in the United States can happen as a result of a widespread crisis is a topic we’ve covered previously. The Center For Security Policy published a report in 2010 outlining the dangers posed by a targeted electro-magnetic pulse (EMP) attack against the United States. According to that report, which has been shared with Congress, up to 90% of Americans could die within a year:
And experts forecast if such an attack were a success, it effectively could throw the U.S. back into an age of agriculture.
“Within a year of that attack, nine out of 10 Americans would be dead, because we can’t support a population of the present size in urban centers and the like without electricity,” said Frank Gaffney, president of the Center for Security Policy.
Source: ‘Within One Year 9 Out of 10 Americans Would Be Dead’
An EMP threat is certainly a completely different set of circumstances than an economic collapse, at least initially. But as survival author James Rawles notes in his fictional, yet quite believable, account of economic collapse in his widely popular book Patriots: A Novel Of Survival In The Coming Collapse, the notion that the economic system could break down to such an extent as to cause a major die-off in America is a distinct, albeit improbable, possibility.
In fact, the U.S. government has been training for just such a scenario in recent years, a concern highlighted by popular radio talk show host Mark Levin:
I’ll tell you what I think they’re simulating.
The collapse of our financial system, the collapse of our society and the potential for widespread violence, looting, killing in the streets, because that’s what happens when an economy collapses.
I’m not talking about a recession. I’m talking about a collapse, when people are desperate, when they can’t get food or clothing, when they have no way of going from place to place, when they can’t protect themselves.
There aren’t enough police officers on the face of the earth to adequately handle a situation like that.
Though Deagel.com makes some seemingly outrageous claims in their 2025 Forecast, within this context the possibility of a major depopulation event begins to look more and more probable.
Federal Reserve Chairwoman Admits Stock And Debt Markets Are Overvalued!
By Gregory Manarino
Federal Reserve Chair Janet Yellen.
Today Janet Yellen the most powerful person on Earth with regard to the world financial system admitted that there are potential dangers in the stock market as well as the bond/debt market. Click here: U.S. stocks falter as Yellen warns of valuation risks.
In an one on one talk with Christine Lagarde, managing director of the IMF, Yellen openly discussed how the suppression of interest rates by the very institution she runs, (the Federal Reserve), is responsible for excessive speculation in the stock market, overvaluing stocks, and creating dangers in the debt market.
Yellen’s statements whipsawed stocks and took many of the financial pundits by surprise.
In truth, and this is something which I have been saying for years, the actions of the Federal Reserve have indeed inflated a terrible bubble in the US stock market and an even more dangerous bubble in the debt market.
The irresponsible/dangerous actions of Janet Yellen and the institution she runs, will be responsible for largest financial meltdown in human history when the gargantuan debt bubble which she helped to create bursts.
My only question is will she be held accountable?
The answer to that is obvious and it is a resounding NO.
Just like her predecessor Federal Reserve Chairman Ben Bernanke who directly and dangerously inflated an epic housing bubble, (which was in large part responsible for the 2008 credit bubble/stock market crash), was not held to account.
Never forget that just prior to the bursting of the housing bubble Ben Bernanke stated “There’s No Housing Bubble to Go Bust.”
Moreover in the midst of the housing bubble bursting, Ben Bernanke stated directly: “Subprime Fallout `Likely to Be Contained.”
What must be understood is the only “job” of the markets is to determine fair market value. When central banks use “extraordinary measures” attempting to interrupt this mechanism, massive and dangerous distortions occur which at one point will be “corrected” by free market forces.
The current distortions created directly by Janet Yellen’s Federal Reserve will eventually cause a massive sell-off on the debt market as well as the stock market. This event is going to wipe out the investments and wealth of a large percentage of the population who will be left both desperate and destitute. And no one will be held accountable.
May 6, 2015 4:37 am EDT by Shephard Ambellas Intellihub.com
An editorial note from Alex Thomas: This exclusive report was originally published in June 2014. Since that time, even more evidence of massive underground military bases throughout the country has been documented by various alternative news sources. The idea of a network of underground bases in America has also long be a topic of conspiracy minded individuals and researchers such as Richard Sauder.
With fears over Jade Helm 2015 hitting new heights, there are even some who believe that the elite may be activating these underground bases in preparation for widespread civil unrest.
Although the massive realistic training exercise known as Jade Helm is most likely taking place to prepare for eventual martial law in America rather than being the actual start of it, the existence of a widespread network of underground facilities is an extremely important topic when discussing the who, what, when, where, and why of potential martial law in America.
For that reason we have decided to re-release an updated version of our exclusive report on the Denver International Airport and claims by a whistleblower of the base beneath it.
FOR THE FIRST TIME, A WHISTLEBLOWER FROM WITHIN THE DIA COMPLEX CONFIRMS THE EXISTENCE OF A MASSIVE DEEP UNDERGROUND MILITARY FACILITY LOCATED BENEATH THE AIRPORT
By Shepard Ambellas
DENVER (INTELLIHUB) — The Denver International Airport (DIA) is nestled on a vast 53 square mile complex and is owned and operated by the City of Denver. As I pointed out in my appearance on the Travel Channel series American Declassified, DIA is the largest airport in the United States in terms of land mass garnered and the second largest airport in the world to Saudi Arabia’s King Fahd International Airport.
The airport serves over 50 million passengers a year and is now incorporating a massive new project called “Airport City” an aerotropolis which has been presented publicly by the Mayor of Denver, Michael Hancock.
Interestingly, the new aerotropolis will incorporate an expansive business district with new lodging as well as an agricultural and technical district within the confines of the airport property to attract more revenue to Denver’s growing economy. Hancok “respectively” declined an interview with Intellihub News for this article.
The concept is innovative, a first for an airport in America and is likely to become the envy of other airports around the world.
According to Airport City Denver’s official website:
In 2010, DIA and the City and County of Denver took a major step in DIA’s evolution to fulfill its gateway role by inviting firms from around the world to submit proposals to assist DIA in planning, assessing and creating an Airport City at DIA as the core of and competitive accelerator for the emerging Denver aerotropolis.
Later that year, DIA selected MXD Development Strategists (MXD) and its collaborative team including Design Workshop, CH2M Hill, Dr. John Kasarda, Integrity Parking, Transcore and Ambient Energy to prepare the Denver International Airport City Development Strategy.
However, local residents and others have been questioning the new construction in and around the airport property as several red flags have been raised. In fact, since the first construction phases of the airport started in the early 1990′s, there have been several indicators that something else may be taking place on or under the grounds of the 53 square mile complex.
Some speculate that a deep underground military facility, part of the Continuity of Government (COG) program, exists on the site. A massive underground city to be used by our government in the event that Washington and or other central government command hubs are compromised.
According to some investigative reports, including one headed up by the former Governor of Minnesota, Jesse Ventura, the underground city that lies beneath the airport quite possibly connects to other deep underground military installations throughout the country.
Now, a source from within the airport has revealed, for the first time, a series of astonishing claims regarding the underground facility, providing details previously unknown to airport staff and the general public.
The following are details regarding a deep underground military installation located on the grounds of the DIA as provided by my source:
Level 1 of the airport is inset into the ground to protect from vibrations coming from underneath. The base board characteristics lead on to this technical design. The employees have been told the reason for this is to protect from vibrations from the public train that leads back and forth to all concourses, A, B, and C.
The airport’s gate and door numbers correspond to emergency action and response plans that indicate specific details to people “in the know”.
The design of the airport is built to throw people off as levels are labeled differently on each in some cases and grading changes make it difficult to pinpoint your actual elevation. This was a security feature added by the designers.
Due to lawsuits (or potential staged events) in the “United Airlines, Inc.” section of one of the basement levels at DIA, an infectious bio-hazard or fungal outbreak has instigated quarantined off areas of the underground, as they are now inaccessible to the airport staff and personnel. The quarantined section of the underground was confirmed by the source to be located in Concourse B’s East side lower levels.
The landfill located off of Tower Rd. two miles west of the Jeppesen Terminal was added onto in the early 2000′s despite the airports appeal to the District Court against the landfill in 2002, claiming it was a FAA safety hazard. The landfill has a functioning element to it but is “mocked-up” to look like a landfill hidden in plain sight.
There is a militarized intermediary entrance located in the “United Airlines” section of the underground. The actual door number was reveled by my source with great hesitation. The actual door code is “BE64B” unknown until now to the general public.
A swift door will also allow access to the intermediary entrance of the facility if you have the proper “speed-pass” clearance on a Department of Defense (DOD) level. This door was also a secret to the general public until now. The actual door number is “T-47 M” located on the level 4 exterior. Update: Airport Staff, “I just went in to T47-M… nothing goes down, no steps, no elevator”.
The dirt in parts of the train tunnels looks unnatural, and “if anyone steps on it they know”, said my source.
Gates can “lock-down” certain sections of the airport in the event of an emergency.
A nearly 3 mile long tunnel heads out from the intermediary entrance “BE64B“, to a full-blown Department of Defense (DOD) sanctioned militarized entrance nestled in a set of 5 buildings 120′ beneath the surface located Northeast of the Jeppesen Terminal.
All VIP activity typically originates under the Northwest section of “Concourse C”
The information provided by the whistleblower does indeed beg the following question. Does the DOD have any ties to areas of the airport owned and (or) operated by domestics airline carriers?
DEPARTMENT OF DEFENSE TIES TO DOMESTIC AIRLINE CARRIERS
New information uncovered by Intellihub News investigators concludes that, yes indeed the DOD has ties to a commercial airline carrier that operates out of the Denver International Airport.
Documents requested under a 2004 Freedom of Information Act (FOIA) request by the Investigative Report Workshop reveal that “United Airlines, Inc” is involved in a DOD “Air Transportation Program” likely connected to COG. This contract would allow United Airlines to fly VIP’s, sitting Senators, Congressmen, and top elected officials including Head’s of State to-and-from the main COG hub located on DIA grounds.
According to the Investigative Report Workshop, “The Department of Defense audits commercial air carriers it contracts with to fly DOD employees. The Workshop and PBS FRONTLINE sent a FOIA request to learn about United Airline’s maintenance procedures. Last year, we had sent the same request for another company and the audits proved to be very informative. This time, however, we received about 94 mostly blank pages.”
THE DIRT CAME FROM SOMEWHERE
According to my source from inside, a massive pile of dirt was added to an existing landfill in the area despite the FAA’s request that it was dangerous to travelers and could pose a radar issue causing a potential disaster. This addition to that landfill was pressed hard and was supposed to take place over a 40-60 year period, but instead took place over the course of about 4 years. The pile of dirt, which is masked as a landfill in-plain-sight, now exceeds 300′ in altitude.
An excerpt from the FAA appeal reads:
In the Hazard Determination and Affirmation, the FAA found that the Tower Road landfill at its proposed height “would be in the radar line of sight and vehicles [i.e., dump trucks and graders] operating at the landfill may cause radar reflection and consequently create false targets. JA 7.
The Determination and Affirmation themselves provide no evidentiary basis for the “false target” finding. Indeed, we can find at most only two pages in a 462-page record to support it. The FAA’s aeronautical study reports that Airways Facility radar technicians have “identified the potential for false targets. At the current elevation of 5,423′ AMSL [above mean sea level], the landfill is below the radar line-of-sight. At the new height of 5,542′ AMSL, the large dump trucks, graders, and other heavy equipment create the potential for reflecting the radar and causing false targets…. The impact in this circumstance would be an erroneous position indication for the aircraft.”
The Denver Airport (Location) is part of a Continuity of Government Program and does indeed house an underground facility.
By Greg Hunter May 5th, 2015
Even though financial expert Catherine Austin Fitts thinks the chance of total collapse is “relatively small” she’s not discounting the chance of a major move this fall. Fitts contends, “I think this fall is going to be a major turning point. You see the SDR (Special Drawing Rights) system coming to a head. The U.S. budget is going to be a very difficult debate. You see the push to get the Trans-Pacific Partnership (TPP) and the EU deal done. You have a lot of institutional relationships that needed to be restructured in the last couple of years. Those changes are all coming to a head, and so we are going to get a big shift. If you are managing a big bond fund, you got a big problem. . . . There is going to be a turn in the bond market or a plateau, and that’s going to be uncomfortable for those guys, and we are going to see some messy times.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts, founder of Solari.com.