Kip Herriage, co-founder of Wealth Masters International, predicted a series of global economic collapses and societal unrest on a "Global Update" call, forecasting the end of the universe by 2013. He detailed the imminent failure of nations and financial systems during the presentation.
Herriage claimed Japan and the Yen would not survive 2011. He stated the next world war would erupt in the Middle East, driven by food scarcity. This conflict, he argued, would serve as a deliberate means to pull global economies from recession. Central banks and federal institutions worldwide, Herriage claimed, create inflation. The media, he added, cannot be trusted, as it operates within the same financial cartel.
He predicted a cascade of national failures, starting with various European countries, then England, Japan, and finally the United States. Before 2013, Herriage said, grocery prices would rise hourly, leading to people raiding store shelves in protest. During this period, he warned, individuals would be unable to withdraw money from their banks.
Herriage also asserted the housing market would not recover for a generation. He claimed the dot-com industry never fully rebounded from its 2000 crash.
Amidst these dire predictions, Herriage offered specific guidance. He "gave permission" for people to enter strategic defaults on their mortgages, suggesting an 18-24 month rent-free period before ultimately defaulting and renting. And he advised buying heavily into gold, silver, and shares. He told listeners to keep physical gold and silver at home, but to tell no one about it.
These forecasts came as part of a larger effort to promote Wealth Masters International's product line. The "Global Update" call, which included Karl Bessey, ended with a direct push for the WMI business opportunity.
Listeners can access the full audio of Herriage's predictions on Wealth Masters' "WMIToday" website. The more substantive discussion begins around the twenty-eight minute mark.