I could hardly believe what I was reading when I saw what economist John Williams said in an interview with Greg Hunter on USAWatchdog.com.
John Williams is founder of ShadowStats.com, which provides accurate economic data and forecasts, often exposing the baloney presented by our government and mainstream news media.
Here is his statement quoted from a post dated today May 10 2015:
“I think you are going to have a crash here somewhere along the line that is going to be of a magnitude that will be remembered for decades. . . . I am still looking for a trigger of heavy selling of the dollar and a massive decline in the dollar, a panic decline in the dollar. That could be a trigger for a stock market crash. Any number of factors can do it. You are not going to have much warning when it does come. The panic moves are almost impossible to time because of their nature, but the fundamentals are there.”
Does that sound familiar or what? For anyone who has been following this blog it should sound very familiar, like something they already heard because it is exactly what I called the Season Two crash of the dollar and the stock market, which I shared in my recent post: “Welcome to Season Two: The Decline of the Dollar Has Arrived.” He even said we would not have much warning when it does come, which is I also stated. He also said the economic data reveals fundamentals for this event are there.
With the coming drop in the value of the dollar, Williams sees our economy entering into a time of hyper-inflation. That is a confirmation of my previous post: “Prophetic Dream: Prices Going Up by the Light of the Blood Moon.” In that post, blogger Sarah Beveridge saw a loaf of bread selling for $15.99.
John Williams also stated he believes Fed Chairman Janet Yellen was sending out a warning last week when she said stock prices are “quite high” and warned of “potential danger” in the bond market. He explained,
“I thinks she was sending out a warning. What she did was deliberate. . . . I think she wanted to be in the position that if the stock market crashes, she could say, see I was warning you. I think you are going to have a crash here somewhere along the line that is going to be of a magnitude that will be remembered for decades.”
The magnitude of what is coming must be very large for Williams to say it will be remembered for decades. An event that big will make big news when it happens, but the first site to report it was Z3news.com.
Greg Hunter’s 23-minute interview with John Williams is shown below.
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.
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