"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Nov
9

Total Collapse Between mid-2011 and mid-2012

Author: Mac Slavo
                            Comments (5)

Alex Jones (infowars.com) and Bob Chapman discuss the economic crisis including the causes, manipulators, precious metals, and time frames for collapse of the financial and economic systems as we know them. For those who do not normally follow Bob Chapman of The International Forecaster, when Mr. Chapman talks of ‘collapse’ he is not referring to just the stock market. He regularly recommends that his readers shift their net worth into physical assets that include, among other things, gold, silver, freeze dried foods, and self defense weapons. Thus, collapse for Mr. Chapman is a much more serious event than most would want to consider.

Alex Jones (referring to government bailouts, stimulus and other machinations):

So, that’s like a band-aid on an axe wound?

Bob Chapman:

Exactly. Now, you asked for a time line here. It must have been six months since Paul Craig Roberts and I were on here together and we both said two and a half to three years. Well, here we are six months later and now it’s a year and a half to two and a half years. And, uhh, they’re going to pull the plug up in that area sometime. So, that would put is into 2011 and a half to 2012 and a half, somewhere in there and that’s when the whole house is going to fall down. And, you better have gold and silver coins, because if you don’t, you’re going to be in deep doo-doo.

Listen to Bob Chapman and Alex Jones November 6, 2009 (Part 1 of 4)

Listen to Bob Chapman and Alex Jones November 6, 2009 (Part 2 of 4)

Listen to Bob Chapman and Alex Jones November 6, 2009 (Part 3 of 4)

Listen to Bob Chapman and Alex Jones November 6, 2009 (Part 4 of 4)

Author: Mac Slavo
Date: November 9th, 2009
Visit the Author's Website: http://www.SHTFplan.com/

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5 Responses to “Total Collapse Between mid-2011 and mid-2012”

  1. Jim Rogers: Currency Crisis Coming (November 2009)
    November 10th, 2009 at 2:30 pm

    [...] To regular readers of SHTF Plan, this is not breaking news. A currency crisis is on the horizon, and it won’t be long before it becomes apparent to the rest of America. At the rate The Fed is printing dollars and Congress is spending them, this situation seems unavoidable. The time frame, according to Jim Rogers is between one and two years. We have heard the same thing recently from Peter Costa who says the US Government [will be] Totally Bankrupt in a Year and a Half, as well as Bob Chapman, who suggests we will experience Total Collapse Between mid-2011 and mid-2012. [...]

  2. Shanker
    December 24th, 2009 at 10:20 am

    Comments…..
    They all project the timeline for collapse but then they always say the projection timeline has changed due to other events. This collapse could take 5-10 years.But what ever the case may be-its coming.

  3. Shanker 2
    May 23rd, 2010 at 9:27 pm

    @Shanker: Yeah they keep changing it because its never coming. 5 years later 5 years later 5 years later. This doom and gloom crap is never going to happen.

  4. GodSend
    May 23rd, 2010 at 10:37 pm

    Bob Chapman is “right on the money”. This is the year of PANIC. 2012 will be the year of DESPERATION. Coming up next (2011) is the year of DEPRESSION. SEE! the ‘Prophecy’ section of my website (”Sons of Light”) - link on my Blog.

    Then comes the 7-minute eating frenzy (late 2012). FADE TO BLACK!

  5. GodSend
    May 23rd, 2010 at 10:39 pm

    Oooops - 2011 is the year of CAPITULATION.

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