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Glenn Beck: “Unstoppable ‘Economic Collapse’ is imminent. The world has no engine of growth. Most of the G20 countries have reached a stalled growth and the only engine of growth in the United States is the stimulus package . The bankers have finally gotten their day. They have removed all competitors to their fiat currencies that surround the world. As the US prints more, so will other countries. Other countries are forced to devalue their currencies in order to compete with our cheap currency, goods, and services. It’s a race to the bottom. Eventually, all currencies will be merged into one world currency. This is the central bankers goal, but it will be a very difficult one to achieve, to say the least. Start buying gold and silver. When the crash comes, those who live in big cities…GET OUT!! You don’t want to be in the middle of riots where people killing each other over rations.”

THIS WEEK’S ECONOMIC HEADLINES:

Goldman Sachs: Dump Stocks Before Fiscal Cliff Hits/Yahoo News

George Soros bets against the Euro/The Telegraph

Lord Rothschild takes £130m bet against the euro/The Telegraph

Paulson Bets Big Against German Bonds/Elite Daily

The fiscal cliff will cause recession: CBO warns/CNBC

Capitalism is over, we’re in a depression (video/CNBC)

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