Chris Martenson Straight Talk With John Rubino: The Damage Is Already Done

Tyler Durden's picture

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Dr. Porkchop's picture

Tonight we're gonna party like it's Dow 1999!

10kby2k's picture

I've been in the crash camp (despite Bernanke's attempts otherwise) and 1999 would be a realistic target.  1.999Kby2K13  (I made the screen name 10Kby2K in 1994 on AOL and when it hit 10K in 1999 i had rode that parabola long enough---completely missing the Naz's runup to 5K).

dick cheneys ghost's picture

Warren Buffett calls himself a "retard" while in India.....

TruthInSunshine's picture

James Jam It Cramer says invest all wealth in NFLX, baby!

03-22 14:47: Netflix is worth double the current price, Jim Cramer says on CNBC

The Axe's picture

Cramer has jumped the SHARK...worth double....I will take that bet... He needs to double his ratings...

TruthInSunshine's picture

I think his show is the 4th or 7th least watched show on all of cable...something like that (something like 24,000 viewers).

Dr. Richard Head's picture

There would be a two-fold ratings increase in the show ff Cramer were to star in a snuf film for that program.  Come to think of it, Netflix could stream the show as well.  Cramer's prediction could come true, plus we wouldn't have to deal with Cramer anymore.

The Axe's picture

Lenny Dykstra has a triple buy on NFLX...raising his target to 1,000.....heee

velobabe's picture

hey Joe W. over at thinks Groupon is going to be B I G.

IPO, bitchez!

plus paper money is where it is @ over at businessinsider. they probably are going to be coming out with an IPO.

øhedge, ROCKS†

SilverBoy's picture

He said Lenny Dykstra.  To funny

Seer's picture

"There would be a two-fold ratings increase in the show ff Cramer were to star in a snuf film for that program."

Isn't that what Mad Money is?

Dr. Richard Head's picture

Would this be the harbinger of an imminent Netflix crash? 

Paul Krugman's picture

Great article written on Seeking Alpha today about how JP Morgan got approval for a vault license by the CFTC. Now they can manipulate silver some more by hiding the fact that delivery failures occur because it is being delivered to their own damn vault.

silvertrain's picture

 It is very frustrating to see anyone get away with the stuff that they get away with..There annoucement in the fall of opening a Gold facility in Singapore is another one..There is one little , itty, bitty small bright yellow canary in the coalmine and his name is Silver supply..They can extend and pretend all they want, I do not give a shit, I will buy this Friday like I do every friday and will continue to do so until I feel that it is over valued..Sooner or later one of these gigantic industries is going to call in for there order to there bullion house and its going to be  delayed..Then further delayed the next time , and soon they want be able to get the quantity they want..Then they will proceed to call around to try to secure the metal from another source and they will be out, then we have panic and a Rodium moment will pop off...

JW n FL's picture
by Paul Krugman
on Tue, 03/22/2011 - 15:25



Great article written on Seeking Alpha today about how JP Morgan got approval for a vault license by the CFTC. Now they can manipulate silver some more by hiding the fact that delivery failures occur because it is being delivered to their own damn vault.





OldTrooper's picture

You had to know they would go down fighting.  Still, I didn't expect this.  Very clever.  What kind of clowns (and there will be plenty of them-after all, one's born every minute) are going to trust JPMorgue to hold their PMs?

DosZap's picture

They are just planning on picking up the pieces,and storing all they can get for the NEW world Order's birth.

The Old Gvt will need all the PM's they can get to restart the next ponzi.

Judge Judy Scheinlok's picture

Will Chris Martenson bring his free range chickens in to protect them from the radiation?

If so will they be confined to the basement in his house or will they get to roam all around?

New_Meat's picture


"... bring his free range chickens in to protect them from the radiation?"

The early nuclear experiments had the observation, since confirmed, that the passage of a human through a radiation beam slowed down the particles enough to engender more reactions.

We, in the more stylish sty, take no notice of this poultry.

- Ned

buzzsaw99's picture

The usa fraud economy may persist for some time but it is rotten throughout. Hollow trees sometimes stand for many years but you don't want to lean on one too heavily.

pazmaker's picture

"We are like a family arguing over redoing the kitchen while the house burns down"



So So True!  I like that saying

JW n FL's picture





"We are like a family arguing over redoing the kitchen while the house burns down"




Even here we do it, I am GUILTY! of it all the time.. and how stupid am I for being a knee jerk response idiot?

Fight Club AFREES! on the Big stuff.. so lets push on the big stuff?

Like POMO? Like the Lobby Dollars? Like the circle jerk.. wash, rinse and repeat Banker Lobby Slush Fund?


I will do whatever work wise to help, but I would like to start on the high dollar items.. if I am voted down but the group then I will still work on whatver the group Votes as our first order of business. with no bitching.  

Calmyourself's picture

"But once investors and central banks realize they’re being scammed and demand a much higher rate for US Treasury bonds, we’ll enter the final stage of the process, in which the Fed buys ALL the bonds issued by Treasury directly."

I am tired of reading this from multiple "poundits".  The central banks have not figured this out but we have, yeah right..  This does not end until the asset stripping and NWO is in place.  This will continue much, much longer than most think it can.  Street level scanners, control of the internet and much more yet to be implemented before the "fall" is engineered.

redpill's picture

As long as we have the big banks playing the game, they won't need to buy the bonds directly, they can just play POMO games and extend and pretend that they aren't monetizing debt.  We literally have the financial sector merging with government before our eyes, we are rushing toward oligarchy and every day that passes our "elected representatives" are less and less relevant.


DosZap's picture

our "elected representatives" are less and less relevant.

This was THE plan from the get go.

LFMayor's picture

that is if the "fall" happens when they want it to, instead of when they don't expect it.  Humans fuck up, it's a given.  If they miss one step, the right step, the whole thing could crumble out of control.

sschu's picture

This will continue much, much longer than most think it can.

All things being equal yes it can and will.  Hence the Black Swan theory that some unexpected event will change everything.  Right now things seem pretty resilient, MENA, Japan, melting down reactors do not seem to phase us much.

IMHO, this is the sign that the end is close, it is so obvious to anyone that the markets (fx, stock, bonds) are totally rigged, the manipulation is there for anyone to see.  This indicates that the margin of error is so small that the system is extremely vulnerable.

So what this means to me is our enemies, who are far more astuteand have many more resources than me, will move to profit from this vulnerability.  The impetus for Sept 2008 was massive withdrawals of MM funds, the word is that the world financial markets were hours from collapse.  If you believe this to be true, then our vulnerabilities are massive and obvious.   

It will happen so fast that the end will occur in seconds.  Or the beginning, depending on your view.


DosZap's picture

You got it, the one's who caused this are so stupid, they Do not GET it?, the peoples are going to have to be penniless, and a sack of bones, like zombies, a person devoured by cancer, with 48hrs to live.

Break all the classes down to the ground, then CUT OFF the basics of life to all who do not obey.

Their will be millions of dead people walking and in the streets.

MGA_1's picture

A few currencies swaps, little hit on the PMs, backstop some derivatives - voilla !  Problem solved !

Tail Dogging The Wag's picture

Right on the money! Excellent article.

John Rubino has played the best hand: Royal Flush

Commander Cody's picture

Might I summarize: Veggies and guns, bitches!

SWRichmond's picture

I divide my time somewhat equally between growing food, earning a living, practicing rifle, and (verbally) fighting tyranny.

My radishes and lettuce are up, peas not up yet, tomato plants look mighty fine.  The potatoes are in deep so I won't be hearing from them right away.  I need to put in the next round of radishes.

golfrattt's picture

Just laid out my favorite caveman outfit, preparing for the inevitable....

Not a REAL caveman, not with all that canned food stacked as high as high can go..

prophet_banker's picture

how unfortunate to see the solution discarded like yesterday's trash; supporting the thesis lie that bank created money is ok, but government created money isn't.  For the ignorant, all money is created as debt, and most is created by commercial banks, not central banks.




"Or perhaps we’ll simply print the money the government spends, with no borrowing needed. At that point, no sane person will want to hold dollars"

docj's picture

Only quibble - it's Harry Browne.

Otherwise, well done.

Diogenes's picture

I miss Harry Browne. It was fun calling his followers the Harry Browne people. It made them sound like a bunch of Rastas.

zerotoad's picture

he worked for  ---HE IS FULL OF CRAP

Slim's picture

LOL - given his history of swapping bubbles at the wrong time over 40 years, he is a perfect contra-indicator.  While I'm not convinced everything will be just fine, I feel better knowing he's on the doom side.

baby_BLYTHE's picture

How much longer can this really go on?

When will the debt actually have any meaningful impact on the economy/business cycle?

I am attemping to plan out my life at this jencture. College, boyfriend, family, investments, health,etc.

I understand already, "Economy always goes up and down... nothing anyone can do about it"... 

I thought we are already at the END OF THE LINE and the next crisis will be an absolute death-kneel for the dollar and the entire world economic system at large...

Along with ZH I also follow Gerald Celente, Peter Schiff, Ron Paul, Bob Chapman, Kyle Bass, John Williams, Jimmy Rogers, Eric Sprott, Marc Faber and a few others.

This is a video I found of Marc Faber after the crisis in late 2008. So far, he has been probably the most accurate in my opinion forcasting endless QE, equity rally based on inflationary pressures (negative real rates), massive currency depreciation against Gold/Silver, downturn in Emerging economies, increased fiscal deficts etc.

He says the Final crisis will be when the ENTIRE SYSTEM is WIPED OUT and we reset to "0":

How much danger are we in? More than in 2007-2009 when we lost 8 million jobs?

Is it still possible that we can grow out of this (obviously what is being attempted along with ZIRP and QE)

thx guys <3

(leaving work now. Going home. Music + ZH + Smoke). Will read responses then.

Dr. Richard Head's picture

The market can stay irrational longer than we can stay solvent. 

Lets_Eat_Ben's picture

why are we junking baby blythe for asking questions?

baby_BLYTHE's picture

don't worry about that, leBEN.

A few brusiees seperate from the cleanfaced perps is something I can handle.

Abitdodgie's picture

I think ZH has people who are not intelligent enough to contribute to the conversation so in quite desperation of there own sad lives feel they are contributing by been junkers

Calmyourself's picture

My last post was the first not "auto junked" in 20 weeks, WGAS, Who gives a shit..

Henry Chinaski's picture

Straight talk with John Rubino = doomer porn.

I recently read a great article that pointed out similar trends and provided well-supported convincing arguments fortelling imminent financial system collapse.  I can't post the link because it pre-dates the internet version of the old magazine that I was reading.  Circa 1997...

Never underestimate TPTB's ability to extend and pretend.

Avoid debt.  Be self reliant.  Stay diversified and prepped for emergencies, but don't barricade the bunker yet.  Governments, banks and currencies may collapse, yet life will go on (only shittier). 

checkessential's picture

 "This is not going to end well" is an over used cliche'.  The fact is that it is not going to end.  It will only change.  We are not going to wake up one day and have every grocery store empty of product or open only for those holding little zip lock bags of gold coins.  These people sip on their 800 calorie frappacinos in Starbucks while blogging on their ipads about the end of the world. 

Sorry, but the same people who know it's going to "end badly" are the same ones shopping around for 4G wireless service because deep down, they know its not going to end.  It is just going to change.