Log In

Not a Coast Insider Member? Sign up

 
0 SHARE ON
Live Nightly 1am - 5am EST / 10pm - 2am PST
Advertisement

Coming Financial Crisis/ Reality, Illusion, & Control

Date Wednesday - February 24, 2016
Host George Noory
Guests John Truman WolfeDavid Icke

In the first half, the author of The Coming Financial Crisis, John Truman Wolfe, discussed the state of the US and world economies and why he thinks the events of 2007 and 2008 were a prelude for more economic disaster. The next crisis, he predicts, will take the "bail-ins" used in the economic meltdowns in Cyprus and Greece and apply them worldwide, leaving depositors and consumers holding the bag, yet again. "Bail-ins" were set up by the Dodd-Frank Act as an alternative to the bank bailouts, but they end up protecting derivatives, and allowing troubled banks to be restored by unsecured creditors, he outlined.

The Federal Reserve is like the "Emperor's New Clothes," just creating money out of nothing by entering amounts in a bank account, and then using these funds to buy bonds and treasury debt, which the government pays them interest on, he explained. There seems to be a big push to eliminate cash, and make all money digital, he cited. Wolfe recommends keeping some cash out of the banks, as well as investing in precious metals-- he does not believe this is a good time to be in the stock market.

---------------------------

In the latter half, David Icke, a full-time investigator into who and what is really controlling the world, shared his never ending quest for truth. He detailed his life-changing exposure of the illusion we believe to be 'real,' and the way this illusion is generated and manipulated to imprison us in a false reality. The "program" starts in your formative years, with your parents passing on their perceptions, as well as authority figures at school, and this programming that is passed on to you becomes your "phantom self," he said.

His concept of "Transphantomism" refers to a coming phase of transhumanism being used as a way to disconnect the populace even further than their phantom selves. "The idea is to get technology inside...the body/brain and through that technology connect five-sense perception not to infinite reality but to the cloud," Icke warned, citing how Ray Kurzweil has predicted that humans will have hybrid cloud-powered brains by 2030. "What they're doing is assimilating us into a technological sub-reality," Icke continued. The next few years are absolutely crucial for humanity to awaken to what's really going on around us, so we can do something about it, he added. Toward that end, Icke will be conducting a Worldwide Wake Up Tour in 2016 and 2017, beginning this June in London.

News segment guests: Jerome Corsi, Seth Shostak, Steve Kates

Bumper Music

Bumper music from Wednesday February 24, 2016

More Shows

Advertisement

Last Night

"Mish" Shedlock argued that a new financial crisis is on the way. Followed by Daniel J. Flynn delving into Jim Jones and the Jonestown massacre.

More »

Upcoming

Full Schedule »
Advertisement

CoastZone

Sign up for our free CoastZone e-newsletter to receive exclusive daily articles.
Advertisement