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Ben Shalom Bernanke: US Economy Will Collapse in 2020
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Ben Shalom Bernanke: US Economy Will Collapse in 2020

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USA — June 11, 2018

Ben Shalom Bernanke, who was the Chairman of the US Federal Reserve from 2006 to 2014, compared the US economy with Wile E. Coyote, the loser character in the Road Runner cartoon series. According to Bernanke, everything will collapse in 2020. Quote " Bloomberg:

Bernanke said the $1.5 trillion in personal and corporate tax cuts and a $300 billion increase in federal spending signed by President Donald Trump “makes the Fed’s job more difficult all around” because it’s coming at a time of very low U.S. unemployment.

“What you are getting is a stimulus at the very wrong moment,” Bernanke said Thursday during a policy discussion at the American Enterprise Institute, a Washington think tank. “The economy is already at full employment.”

The stimulus “is going to hit the economy in a big way this year and next year, and then in 2020 Wile E. Coyote is going to go off the cliff,” Bernanke said, referring to the hapless character in the Road Runner cartoon series.

Many world-famous experts agree that the end of Pax Americana has become inevitable. The Old World Order established after WW2 of over seven decades' duration is fading from the scene. It is, or course, natural that U.S. leaders would want to deny this--or feel they must finesse the truth when talking to the American people. But, now, the real questions for America and its leaders are: What will replace the Old Order? How can Washington protect its interests in the new global era? And how much international disruption will attend the transition from the old to the new?

Meanwhile, the Bilderberg Group just held another one of its secrecy-laden meetings in Turin.

Some see the gathering as a chance for the global elite to hobnob and work out a common policy to face the challenges of a collapsing economy. Others claim it's actually a shadow world government.

The Bilderberg Group is a sort of elite club which meets annually. It was founded in the 1950s, and brings together top politicians, leading officials and crony-capitalist business leaders from all across North America and Europe. Sometimes representatives from Japan and other Asian nations take part in the meetings, as well as Russians on occasion. However, there will be no Russian representatives at the meeting this year.

In reality, The Bilderberg Group is a perfect example of an untouchable transnational and cosmopolitan elite, which has become used to dictating its rules to politicians and the corporate media over the course of many years. Hence the desire on the part of some conspiracy theorists to paint it as a secret world government.

The Turin meeting will discuss important topical issues such as the growth of populism in Europe, free trade, the US role as the world's superpower, Russia, the rivalry between Iran and Saudi Arabia, and the new Italian government, an issue which club members are somewhat concerned about. They will also speak about the possibility of an intra-European alliance of the countries of the Visegrad Four and other right-wing governments. … Another topic is the internet, which has proven to be a dangerous tool in the hands of the enemies of the establishment, as well as the need to find methods to control it and prevent it from being used by the public to potentially create alternative sources of viewpoints which may challenge their control of the system.

Author: USA Really