Forum Post: Global Systemic Crisis: 30,000 billion US dollars in ghost assets will disappear by early 2013 / The crisis enters a phase of widespread discounting of Western public debt

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GEAB N°59 is available! Global Systemic Crisis: 30,000 billion US dollars in ghost assets will disappear by early 2013 / The crisis enters a phase of widespread discounting of Western public debt

http://www.leap2020.eu/GEAB-N-59-is-available-Global-systemic-crisis-30000-billion-US-dollars-in-ghost-assets-will-disappear-by-early-2013_a8148.html

GEAB N°59 is available! Global systemic crisis: 30,000 billion US dollars in ghost assets will disappear by early 2013 / The crisis enters a phase of widespread discounting of Western public debt As we come to the end of the second half of 2011, it is evident that 15,000 billion in ghost assets have gone up in smoke since last July, just as was anticipated by LEAP/E2020 (GEAB N°56), http://www.leap2020.eu/Global-systemic-crisis-Last-warning-before-the-Autumn-2011-shock-when-15-trillion-of-financial-assets-go-up-in-smoke_a6679.html ...And, according to our team, this process figures to continue at the same rate throughout the year to come. Indeed we estimate that, with the introduction of a 50% discount on Greek government debt, the global systemic crisis has entered a new phase: that of the generalized discount on Western public debt and its corollary, the fragmentation of the global financial markets.

Our team believes that 2012 will bring an average discount of 30% of total Western public debt (1), plus an equivalent amount in loss of assets from the balance sheets of worldwide financial institutions. Specifically, LEAP/E2020 anticipates the loss of 30,000 billion ghost assets by early 2013 (2), with an acceleration in 2012 of the partitioning process of the global financial market (3) into three increasingly disconnected currency areas: Dollar, Euro, and Yuan. These two phenomena feed into each other. They will also be the cause of a sharp decline of 30% on the part of US currency in 2012 (4), as we announced last April (GEAB N°54 ), http://www.leap2020.eu/Global-systemic-crisis-Autumn-2011-Budget-T-Bonds-Dollar-the-three-US-crises-which-will-cause-the-Very-Serious_a6340.html ...which will occur amidst a sharp reduction in demand for the US dollar and the worsening of the US governmental debt crisis. The end of 2011 will therefore see, as anticipated, the trigger of the European debt crisis detonating a US bomb...

Continued Here:

http://www.leap2020.eu/GEAB-N-59-is-available-Global-systemic-crisis-30000-billion-US-dollars-in-ghost-assets-will-disappear-by-early-2013_a8148.html

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Oh Oh. 'Regulated' Derivative Markets About To Blow Up?

http://market-ticker.org/post=197702

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Warning From Wall Street Broker: “The Entire System Has Been Utterly Destroyed”; Recommends “ALL customers Withdraw From All of the Markets”

http://barnhardt.biz/

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