Full Global Financial Collapse in next 12 months?

It looks like the collapse is at our doorstep knocking. With China, EU, UK, Japan etc. in full collapse mode. I am expecting to see major bank failures soon followed by bail-ins and extreme money printing later this year.

Think of this as 1996+/- in Japan. Seven years in after the Nikkei went kaput. The Japanese Central Bank apparatchik probably though the same. Not, and deflation still kicking their behind 17 yrs later.

Moral of the story is – If you save the Bankster you impoverish a sizeable percentage of the present population and you kneecap economic growth for the next generation.

I remember about 10 yrs ago hearing about “parasite singles” in Japan. About 4 yrs ago, I started hearing ” herbivore males”. All these are sign of an economically dead generation. A good majority of the Japanese kids coming of age since the Nikkei collapsed are member of this generation.


Japan’s decades of economic stagnation after pursuing a low interest rate policy should be a warning to all central banks, particularly the European Central Bank, according to Satyajit Das, a former banker and author of “Traders, Guns and Money”.


http://beforeitsnews.com/financial-markets/2013/07/the-market-trap-is-being-set-with-china-eu-uk-japan-etc-in-full-collapse-mode-major-bank-failures-soon-followed-by-bail-ins-and-extreme-money-printing-the-whole-world-is-turning-japane-2575376.html