Central Bankers Are Now Trying To Explain Away The Collapse

Thursday, May 18, 2017

Central Bankers Are Now Trying To Explain Away The Collapse

US household debt has now hit levels back in 2008. More debt is good for the bankers not for the people. Loan demand is down and credit has recently crashed. Mortgage application have declined again during the hot season for real estate. Central bankers are continually trying to explain why the recovery has not taken off, this time it is because the older generation is hoarding their savings. US Government officials have said they have been calculating the GDP incorrectly and it should be at least .4% higher. They are trying everything to re-manipulate the numbers to make the economy look better than it really is. Bill Blain says the stock market is up and there is really no reason for it be this high, everyone is expecting a correction.

Who is Lindsey Williams

Pastor Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners,&quot ; he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis.
After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy. Thus, The Energy Non-Crisis.