Today on The Janssen Report (#85): the big banks forecast recovery when a small, but growing, group of thinkers continue to warn about an impending recession or even collapse.

Who to believe?

History shows that a small minority of antagonistic actors were always the ones to be right. Wealth building principles also support the thesis that it pays off to move in the opposite direction of the herd.

It’s very unfortunate that most people think that they are not smart enough to understand the monetary system, let alone the global economy.
Understanding the concept of money is a simple yet powerful way to beginning to understand why this current system of debt-based fiat currency is unsustainable.

Yesterday on Bloomberg an article appeared about how the predictors of the 1929 crash, the Jerome Levy Forecasting Center, are now foreseeing a 2015 recession coming up. This to me is much more plausible than the recovery scenario advocated by the likes of Goldman Sachs and JP Morgan, as they are prime operators and beneficiaries of the financial system. Just by looking at several data sources it is easy to see that there is no recovery in the economy, not in the US and not in Europe.

Watch this episode of The Janssen Report here:

Educate yourself, act and become self-reliant. Stay tuned to The Janssen Report!

Sources:

– Predictors of 1929 crash expect 2015 recession
– Apology by Council on Foreign Relations on Greenspan Glitch
– Yellen’s Shout Out To EU to do ‘Whatever it takes’
– Peter Schiff on CNBC predicting 2008 crash

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Cheers,

Marco Janssen