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Hedge Fund Billionaire: There’s A ‘70% Chance Of A Recession’ Before 2020

Hedge fund billionaire Ray Dalio is sounding the alarm on an all but impending economic recession. Dalio thinks it’s coming soon, too: before the next presidential election.

Ray Dalio, the billionaire investor, decided to finally tell the public the truth about the economy. It’s not that great regardless of what we are told by the mainstream media. “The probability of a recession prior to the next presidential election would be relatively high, 70% or something like that,” Dalio said on Wednesday evening during an appearance at the Harvard Kennedy School’s Institute of Politics.

Of course, Democrats will blame Donald Trump and the tax cuts, Republicans will blame Obama and his money printing policies, and virtually no one will see the real problem: the central bankers. One of the people who predicted the 2008 recession says there chance of this impending recession occurring soon is 70%.

Dalio is best known for his peculiar management style of “radical transparency,” which among other things calls for recording most meetings. Bridgewater, which manages about $160 billion and used to employ former FBI director James Comey, has been called the world’s “strangest hedge fund.” He knows a thing or two about economic busts, however. In 2007, he warned the Bush administration that many of the world’s largest banks could go insolvent, according to a 2011 article in The New Yorker.

According to CNN Money, Dalio, the mercurial chairman of hedge fund behemoth Bridgewater Associates, suggested Trump’s efforts to pump up the economy with massive tax cuts and surging spending won’t be the cure-all for the economic woe facing everyday Americans. Even though the economy appears to be booming right now, Dalio noted that “for various reasons, there has been a lot of stimulation hitting the gas.” He said that this raises the risk of interest rates going up, hurting all asset prices.

But Dalio isn’t the only one predicting an economic meltdown. Peter Schiff, who also predicted the 2008 recession, has been attempting to let people know that we are in a bubble and have been for years.

Peter Schiff: The Economy Will ‘Blow Up Like A BOMB’ And Trump Will Be The Fall Guy

Not even a full minute into an interview with Alex Jones of Info Wars, Schiff says “it’s not a good thing” that the economy is going to crash and burn. “Unfortunately, that’s what Trump has inherited from Obama. But it’s not even really just Obama, it’s the federal reserve. It’s the monetary policy that has been passed like a baton from Clinton to Bush to Obama and now to Trump. And we’re near the end of the game and unfortunately, Trump’s gonna be the fall guy.  This thing is all gonna collapse while he’s president.” –SHTFPlan

Protect yourself and your family and your assets. You simply never know when the worst could happen.

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Source: Hedge Fund Billionaire: There’s A ‘70% Chance Of A Recession’ Before 2020
YoNews Portal / Robot bees: Bee-sized drones to pollinate crops
« Last post by YoNews on Yesterday at 10:35:02 PM »
Robot bees: Bee-sized drones to pollinate crops

Fleets of robobees could now be deployed if natural populations continue to collapse. A leading expert told the world’s biggest science conference the technology is now here to programme bee-sized drones to pollinate crops. Japanese scientists have developed a remotely controlled drone the size of a dragonfly which was able to pollinate lilies. Amazing there […]

The post Robot bees: Bee-sized drones to pollinate crops appeared first on STRANGE SOUNDS - AMAZING, WEIRD AND ODD PHENOMENA.

Source: Robot bees: Bee-sized drones to pollinate crops
Today's News / BIZARRE: Minnesota toddler is allergic to water
« Last post by News Bot on Yesterday at 10:00:02 PM »
BIZARRE: Minnesota toddler is allergic to water

The post BIZARRE: Minnesota toddler is allergic to water appeared first on GOV'T SLAVES.

Source: BIZARRE: Minnesota toddler is allergic to water

From News Feed
Today's News / Deripaska steps down as president of En+ and Rusal
« Last post by News Bot on Yesterday at 10:00:02 PM »
Deripaska steps down as president of En+ and Rusal

Rusal Director General Vladislav Solovyov has been appointed to the post
Source: Deripaska steps down as president of En+ and Rusal

From News Feed
As Nation Debates Gun Control, US Military Wants $716 Billion for Next Year

Gun Control Military $716 Billion(ANTIMEDIA Op-ed) — As Americans debate domestic gun control following the mass shooting at a Florida high school last week, funding for military arms has evaded public scrutiny. The United States Department of Defense recently released its summary of the 2018 National Defense Strategy (NDS) with little fanfare. The first thing to note is how little media coverage the NDS […]
Source: As Nation Debates Gun Control, US Military Wants $716 Billion for Next Year
After The Feds REPEATEDLY Violate Man’s Rights And Property, He SUES

An elderly man is suing two federal government agencies for Constitutional rights violations. The rancher claims that both agencies trespassed on his property and installed cameras on his trees without his permission – but the icing on the cake was when they threatened to arrest him.

According to ARS Technica, last November a 74-year-old rancher and attorney was walking around his ranch just south of Encinal, Texas, when he happened upon a small portable camera strapped approximately eight feet high onto a mesquite tree near his son’s home. The camera was encased in green plastic and had a transmitting antenna. The rancher removed the camera, and that’s when the trouble began for the feds involved in this property violation.

Soon after, Ricardo Palacios, the rancher, received phone calls from Customs and Border Protection officials and the Texas Rangers. Each agency claimed the camera as its own and demanded that it be returned. Palacios refused both, and they threatened him with arrest. Palacios saw the camera as the proverbial straw that broke the camel’s back. So he sued. He sued both CBP and the Texas Rangers for continued violation of his property and Constitutional rights.

“My client is 74 years old, he’s a lawyer, been practicing for almost 50 years, he has no criminal history whatsoever, law-abiding citizen, respected lawyer, and senior citizen,” Raul Casso, one of the attorneys representing Palacios, told Ars. “To have put him in jail would have been—forget the indecency of it—what a way to end a career.”

In court filings, Texas officials have claimed qualified immunity, a legal doctrine that protects law enforcement officials.

The camera now remains in Palacios’ attorneys’ possession while they are attempting to ask the case’s judge to allow them to formally introduce it in court as evidence. This federal lawsuit has raised thorny questions about the limits of the government’s power to conduct surveillance on private property, without the landowner’s permission.

“As a matter of policy, CBP does not comment on pending litigation,” Jennifer Gabris, a CBP spokeswoman, emailed Ars Technica.  The Texas Department of Public Safety similarly declined comment.

Nothing makes freedom lovers happier than seeing others stand up to the abusive rights violations of the federal government. Godspeed, Palacios!

Source: After The Feds REPEATEDLY Violate Man’s Rights And Property, He SUES
Your Computer May Not Survive a Collapse But These Off-Grid Archiving Strategies Will

This article was originally published by Jeremiah Johnson at Ready Nutrition

I will admit that I am not the most technologically “savvy” individual, and I’m certainly not armed with all the modern “conveniences” that most people take as a necessity. Cell phones, Kindle devices, M-pad/I-pod/UFO-whatever-for-music…don’t use ‘em. That being said, I know they have their merits, but it’s the same type of lesson I tried to impart to my son when he went into the service.

Get a copy of this comprehensive preparedness guide BEFORE TSHTF

He picked up one of those high-speed wrist compasses…the digital kind…but I constantly remind him to use that “old-fashioned” lensatic compass as his mainstay. He listens, although he prefers to use his gizmo. I’m just happy he carries the lensatic with him and knows how to use it. I made sure he knew how to use it.

Create a Survival Library with Hard-Copy Notes and Archives

In this light, remember that all of our technology can collapse in the blink of an eye. The collapse can be precipitated by any number of things…grid failure/brownouts, an EMP (Electromagnetic Pulse) strike, a nuclear war, or just a societal collapse that has a “downtrickle” of losing critical infrastructure and modern power systems. In that light, it is best to take your digital and electronic libraries and ensure they are duplicated into hard-copy. Consider investing in a typewriter to pass this valuable information on. Let’s give some suggestions, and you can take them, and tailor them to suit your needs.

  1. Whenever you watch any kind of training video/DVD, you should always take notes and summarize it. Pick up the key points, supplementing them with your own notes and diagrams to help clarify the instruction. A composition-type notebook works well for this. I take rough notes on a sheet of paper, and then recopy them into the notebook.

  2. Summarize books and other works: Turn a 300-page book into 8-10 pages of intense notes…summarize and shoot for brevity and clarity in your notes. This is not to say, “don’t keep books,” but rather, read them and take good notes that you can glance at to glean any important information you may need to use.

  3. Print out the important how-to’s and “archive” notes: don’t just store it on hard drive or jump drive! Although that is important, you want to make sure your information is printed off.  Strive for accuracy, compactness, neatness, and organization in all of your notes.

  4. File similar subjects in a binder/common protector: This is especially important when you’re dealing with things such as first-aid and medicine. Protect the info, and keep it well-organized

  5. Military Med Chests: Yes, made out of strong aluminum, these stackable canisters are perfect to place your archives and books inside after wrapping them up in plastic…preferably contractor-grade bags around 6 mils in thickness.

  6. Durable plastic bins: These can work if they’re really tough and are water-tight. The biggest problems with notes, archives, and books are water, mildew, bugs, and fire, in that order.  You want to make sure everything is in plastic and sealed up tight.

  7. Duplicate everything…1-6 up there? You should have one copy out for your general use, and another sealed up in a safe place.

The last measure mentioned is not just for you and your family. The last measure is to provide information for those not here with us yet, or those not old enough to use the information right now. Think beyond yourself and your own lifetime, or even the lifetimes of your kids. You want to leave a legacy? Who cares if they know who you are? There will still be those who will thank you for leaving records and how-to’s they can use. Want a good example? Read the book “Lucifer’s Hammer,” by Niven and Pournelle. Be more than a student, or a secretary. Be a custodian…of information…. a caretaker, taking care for future generations. Hard copy for all information…to include books!…is the way to save the knowledge. Stay in that good fight! JJ out!

Additional Reading:

3,000 Survival Books You Can Download for Free

The Prepper’s Blueprint: The Step-By-Step Guide To Help You Through Any Disaster

10 Books That Could Actually Save Your Life

About the Author

Jeremiah Johnson is the Nom de plume of a retired Green Beret of the United States Army Special Forces (Airborne). Mr. Johnson was a Special Forces Medic, EMT and ACLS-certified, with comprehensive training in wilderness survival, rescue, and patient-extraction. He is a Certified Master Herbalist and a graduate of the Global College of Natural Medicine of Santa Ana, CA. A graduate of the U.S. Army’s survival course of SERE school (Survival Evasion Resistance Escape), Mr. Johnson also successfully completed the Montana Master Food Preserver Course for home-canning, smoking, and dehydrating foods.

Mr. Johnson dries and tinctures a wide variety of medicinal herbs taken by wild crafting and cultivation, in addition to preserving and canning his own food. An expert in land navigation, survival, mountaineering, and parachuting as trained by the United States Army, Mr. Johnson is an ardent advocate for preparedness, self-sufficiency, and long-term disaster sustainability for families. He and his wife survived Hurricane Katrina and its aftermath. Cross-trained as a Special Forces Engineer, he is an expert in supply, logistics, transport, and long-term storage of perishable materials, having incorporated many of these techniques plus some unique innovations in his own homestead.

Mr. Johnson brings practical, tested experience firmly rooted in formal education to his writings and to our team. He and his wife live in a cabin in the mountains of Western Montana with their three cats.

Source: Your Computer May Not Survive a Collapse But These Off-Grid Archiving Strategies Will
Mysterious UFO explodes in a bright flash of light and falls from the sky in Brazil

On February 20, 2018, a mysterious bright object appeared in the sky of Bahia, Brazil, before exploding in a bright flash. A few minutes later, some debris fell from the sky burning the ground of Monte Gordo, in the Kamasari area. Here a video of the strange sky event: At first, it looks like a […]

The post Mysterious UFO explodes in a bright flash of light and falls from the sky in Brazil appeared first on STRANGE SOUNDS - AMAZING, WEIRD AND ODD PHENOMENA.

Source: Mysterious UFO explodes in a bright flash of light and falls from the sky in Brazil
Los Angeles Has Criminalized Poverty by Making It Illegal to Sleep in Cars and RVs

Los Angeles Sleep RVs(TMU) — Raising rent prices and low wages have resulted in thousands of people across the city of Los Angeles becoming homeless, many of them now living in cars and RVs if they were able to keep it together that well. According to the most recent counts by the KPCC, there are at least 7,000 people live in their […]
Source: Los Angeles Has Criminalized Poverty by Making It Illegal to Sleep in Cars and RVs
Video of Shooting Survivor Slamming CNN for Giving Him Script Goes Viral, CNN Denies Claims

Florida Shooting Survivor cnn script(ANTIMEDIA) — On Thursday, CNN denied claims from a Marjory Stoneman Douglas High School student who said the network expected him to ask scripted questions during a televised town hall meeting in Sunrise, FL, that focused on last week’s shooting. “CNN had originally asked me to write a speech and questions, and it ended up being all scripted,” Colton […]
Source: Video of Shooting Survivor Slamming CNN for Giving Him Script Goes Viral, CNN Denies Claims
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