Lyndon LaRouche released an warning through an emergency webcast on December 23 2015 identifying five trigger events occurring at the start of 2016 that could soon lead to serious economic problems. His statement was printed on leaflets and distributed on the streets of Manhattan and in other locations across the United States.
Lyndon LaRouche is founder of LaRouche PAC, which is a political action committee. I am not a follower or supporter of his organization, nor do I agree with everything he says, but I find the urgency of his message interesting because it is consistent with the timing of events I have shared in previous posts. His warning is being shared here only as a confirmation of previous warnings of serious economic trouble ahead.
The title of the statement released by the LaRouche organization is, “”Emergency Christmas Eve Message: January 1st Is Doomsday! Only an FDR Action Can Save You”. The following provides excerpts from his statement:
“President Barack Obama and the entire U.S. Congress have betrayed you, the American people, by refusing, out of cowardice, to take the necessary emergency actions to prevent the greatest financial and economic crash — far worse than 1929 and 2008 — from happening in the hours and days just ahead. Unless you, the American people, stand up and demand immediate action, the nation and much of mankind is facing catastrophe at the start of the New Year.
The entire trans-Atlantic financial system is about to blow. In just the past few weeks, $15 billion in junk and investment grade bonds have been wiped out. This is but a harbinger of an imminent total crash of the trans-Atlantic financial bubble. As of January 1, 2016, a $72 billion debt bubble is set to explode in Puerto Rico. Congress had the opportunity to act to prevent this before leaving town, but failed to act.
An estimated $5 trillion in debt, tied to the collapsing U.S. domestic shale oil and gas sector is blowing up. In Western Canada, this bubble has already been shattered, triggering the loss of 100,000 jobs in 2015 the equivalent of 750,000 jobs lost in the United States — a crash of the real estate market, and a social breakdown. That same crisis is coming to the United States, at an accelerating rate, but on a much larger scale.”
In Europe, starting on January 1, 2016, new laws go into effect, eliminating all protections for bank depositors, who will have their savings stolen under ‘bail-in’ regulations, as has already happened in Cyprus. More than 10,000 Italian depositors had their savings ‘bailed in’ [expropriated] in the collapse of four banks this month. The same measures are included in the Dodd-Frank bill here in the United States. If your bank collapses, your life savings can be stolen to save the bank. It can and will happen here, thanks to the cowardice and corruption of your elected officials, who have kept you in the dark and violated their oaths of office.
Congress had the chance, before leaving town, to prevent this now onrushing crisis. They were warned. They could have passed bills, already introduced in both Houses of Congress, to reinstate Glass-Steagall, the FDR legislation that broke up the Depression era too-big-to-fail banks, by separating commercial banking from all of the gambling activities. But Congress was bought out by Wall Street and failed you. President Obama is a wholly-owned creature of Wall Street and London. Wall Street is hopelessly bankrupt, and they intend to cling to power by stealing your money, wiping out your health care, and shutting down what is left of the real economy. Within days or weeks, you could be facing food shortages, hyperinflation and a complete breakdown of everything you think of as normal.
President Obama, on behalf of Wall Street and London, is also provoking confrontation with Russia; driving the world towards global war, a war that some top American and Russian military commanders warn could rapidly become a war of thermonuclear extinction.
On January 1, 2016, under U.S. and International Monetary Fund approval, Ukraine will default on $3 billion in debt to Russia, an act of open Western provocation against Moscow, on top of the already ongoing sanctions, the eastward expansion of NATO, and other acts of direct military provocation.
This is all deadly serious. The world is on the cusp of a worse than Great Depression crash and a new world war. You must now act because your elected officials have abandoned you out of cowardice and corruption. They, along with President Obama, richly deserve your derision and anger, for their cowardly behavior.” [See the full statement]
This statement identifies five specific trigger events that could soon lead to big trouble.
- $15 billion in bonds wiped out over the past few weeks.
- Puerto Rico defaults on $72 billion debt effective January 1 2016 with no bail out package in place.
- The U.S. shale oil and gas industry is reeling with $5 trillion in debt as oil prices continue falling.
- New laws go into effect in Europe on January 1 2016 making it legal for banks to take depositor money through bank bail-ins. Similar laws are already in place in the United States through the Dodd-Frank legislation.
- Ukraine defaults on $3 billion debt to Russia on January 1 2016. Since Ukraine is backed by the IMF, and more specifically the United States, this default is likely to escalate tensions even further between the U.S. and Russia.
Other trigger events could be added to this list, including the December 2015 interest rate hike by the Federal Reserve Bank, record high sovereign debt levels, unprecedented exposure to derivatives risks in our financial system, record low workforce participation levels in the United States, and record numbers of Islamic terrorists entering the United States and Europe.
As shared in previous posts, we could see a sudden trigger event designed to provide the shadow figures with a false flag, a scapegoat to blame for the coming collapse. Previous posts have revealed how they are planning to push the table over or shoot the bull in the head.
Despite these urgent warnings, a prophetic word shared by a prophetic minister named Doug Addison suggests we might not see any big problems surfacing during the first few weeks of January. He says the Lord revealed to him five months of grace were given from August 17 2015 until January 17 2016. So the exact timing is always a challenge to nail down, but alarms are sounding everywhere.
Despite the trouble ahead, there is good news for those who know the Lord and are walking in His path because He has a long history of protecting His people from harm in times of trouble. To make sure you are right with Him, click here.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.