by Georgi Stankov, August 28, 2015
Please observe, I am the only financial and economic expert worldwide who says that the western neo-liberal economy is in the Greatest Depression of all times. Just as I was the first one to recognize the world inflation – the gargantuan discrepancy between real production (economy) and created “toilet paper” fiat money out of thin air – as the driving force behind the current collapse of the Orion matrix as early as 1997. It is all documented. Without this knowledge you have no chance to understand what is happening these days with the economy and the financial markets that begin to factor in this fact.
The reason for this blindness of the masses is the massively rigged economic statistics in North America and Europe. I have been watching very carefully how the Canadian economy performs and have written more than half an year ago that is in a huge depression with a painfully visible slump in consumption and a broad impoverishment of the gullible masses.
And now this is official – Canada is in a recession. Good Morning Canada! The Canadian mind is not dead!
Read: Harper’s Many Skeletons in the Closet Are Haunting Him
Consider the two-digit inflation in this country and you have a huge Depression of more than 15-20% each years, and this since the crisis in 2008. Here is the official definition of economic depression:
“In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than an economic recession, which is a slowdown in economic activity over the course of a normal business cycle.
A depression is an unusual and extreme form of recession. Depressions are characterized by their length, by abnormally large increases in unemployment, falls in the availability of credit(often due to some form of banking or financial crisis), shrinking output as buyers dry up and suppliers cut back on production and investment, large number of bankruptcies including sovereign debt defaults, significantly reduced amounts of trade and commerce (especially international trade), as well as highly volatile relative currency value fluctuations (often due to currency devaluations). Price deflation, financial crises and bank failures are also common elements of a depression that do not normally occur during a recession.
A widely used definition of depression includes two general rules:
- a decline in real GDP exceeding 10%, or
- a recession lasting 2 or more years.”
And this is exactly what we observe here in North America since 2008. One must be blind not to see this depression and one should forget all rigged statistics that obviously can no longer be rigged. The emperor is naked. The American-Canadian Orion society is worse in its lies than the former communist dictatorships as their governments already behave like the executors of the NWO. Until they collapse and this is what will happen very soon.
I am now constantly giving you one convincing proof after the other as to how powerful we are as Creator Gods and how everything we decide is manifested in this reality quicker and quicker, insofar it is based on sound competent analysis and impeccable axiomatic thinking based on the Universal Law. And of course carried by loving and compassionate intentions, but this is self-evident for every Creator being and it should not be reiterated till constipation as most channellers and light warriors do all the time, and nothing else.
Everything I have predicted so far, most of the times as the first and only expert, especially in economics and financial affairs, but first and foremost in science, is now coming true, much to the surprise of the masses and the chagrin of the cabal that are rapidly losing their power over the masses. Thanks to us as Logos Gods. Keep this always in mind.
You have no idea how powerful you are if you only internalize this simple fact. How comes that I was the only one here in Canada to diagnose this Greatest Depression, while all the naive Canadians still believe that they live in Schlaraffenland (German for “land of milk and honey”). The milk and all milk products are very expensive in Canada and of very poor quality, twice to three times more expensive than in Germany, which is already a simple basis for calculation of the Canadian inflation and honey is an artificial product here, full of chemicals unless you buy it directly from a farm, and even then you are not sure how many GMO products imported from the USA you eat.
Let us be clear on one issue – Canada as a national state is a full catastrophe, just as the current government is a disgrace and the Canadian people do not deserve this beautiful nature that was not theirs only two centuries or even less ago and which they stole barbarically from the natives. There is nothing the Canadians should be proud of. Just like their southern neighbours and so much to be ashamed of. This has to be said unequivocally.
And even the official statistics now confirm it – Canada is in the recession (understand depression) since two quarters, which means since the beginning of this year. Actually Canada is in the Depression for two decades now, only the rogue Harper’s government can no longer hide this obvious fact as we have to deal with the Greatest Depression of all times. Period.
Uh-oh, Canada. China Pales as a Risk to U.S. Growth
Jeanna Smialek, August 28, 2015
Canada probably experienced a technical recession in the first half of 2015, and the fact that the No. 1 U.S. export market is in a slump could spell bad news for growth in the world’s biggest economy.
Canada’s gross domestic product contracted for a second quarter in the three months through June, a Sept. 1 report will show, according to almost all economists in a Bloomberg survey. The economy probably shrank by 1 percent, even worse than the 0.6 percent first-quarter drop.
“When Canada hurts, U.S. exporters do, too,” Bricklin Dwyer, an economist at BNP Paribas in New York, wrote in an Aug. 27 note to clients titled “Canada (not China) matters more.”
Economy-watchers and investors have been spooked by fears of a worse-than-expected Chinese slowdown after the nation devalued its currency Aug. 11 in a surprise move. Yet the direct effects on U.S. trade from slowing Chinese growth and the yuan move are probably fairly contained — far more so than the potential fallout from faltering Canadian demand.
Canada counts for 19 percent of total U.S. exports, followed by Mexico at 16 percent, each more than double China’s 7 percent share. And the Canadian dollar is sliding much faster: It has fallen about 12 percent against the U.S. dollar since the start of the year, while China’s yuan has dropped just about 3 percent.
“The Canadian dollar has depreciated sharply against the USD by multiples of what we have seen” from China, Dwyer wrote.
That’s not to say that economy-watchers and the Federal Reserve should brush China’s dimming outlook aside. As Federal Reserve Vice Chairman Stanley Fischer said in a CNBC interview from Jackson Hole, Wyoming, on Friday, “there are a lot of countries influenced by trade with China.”
“The question is whether interactions with those countries would amount, jointly, to something that would have an impact on us,” Fischer said.
And Bla-ba, but still very significant that Canada admits its recession nowadays, shortly before the ultimate collapse of the Orion matrix will take place. In fact, it is the Greatest Depression of all time that has already hit this country, whose currency and economy is entirely commodities based and we have now the greatest slump of all commodities prices in the last 40 years or even longer.