Whereas many nonetheless refuse to consider it, monetary consultants and insiders have lengthy warned {that a} collapse of the U.S. foreign money is a mathematical inevitability.1,2 Essentially the most stunning factor, actually, is that it has lasted this lengthy. The identical could be mentioned for the monetary system of the world as an entire.
Collapse Predictions Go Again Extra Than a Decade
In 2011, Enterprise Insider warned “the greenback collapse would be the single largest occasion in human historical past,” touching “each single residing particular person on the planet.”3 In addition they warned that “The collapse of currencies will result in the collapse of ALL paper property,” and that “The repercussions to it will have unbelievable outcomes worldwide.”
That very same yr, liberal billionaire George Soros echoed the identical warning, saying “We’re on the verge of an financial collapse.”4 The principle distinction was that Soros predicted the collapse of the Euro. Soros additionally famous that:5
“It’s a type of monetary disaster that’s actually growing. It’s foreseen. Most individuals understand it. It’s nonetheless growing. The authorities are literally engaged in shopping for time.”
To this point, authorities have efficiently “purchased time,” holding the system along with proverbial duct tape and paperclips. However finally, time will run out and the system will fail. To cite Ayn Rand, “You may ignore actuality, however you possibly can’t ignore the results of ignoring actuality.”
In 2013, funding adviser and monetary strategist Michael Pento warned:6 “Our addictions to debt and low-cost cash have lastly brought on our main worldwide collectors to name for an finish to greenback hegemony and to push for a ‘de-Americanized’ world.”
That very same yr, Canadian billionaire investor Ned Goodman additionally predicted7 that “the greenback is about to grow to be dethroned because the world’s defacto foreign money,” that we have been “headed to a interval of stagflation, possibly critical inflation,” and that “the US will probably be shedding the privilege of having the ability to print at its will the worldwide reserve foreign money.”
Extra lately, in June 2020, economist and former Morgan Stanley Asia chairman, Stephen Roach, instructed CNBC:8
“The U.S. economic system has been troubled with some vital macro imbalances for a very long time, specifically a really low home financial savings charge and a persistent present account deficit. The greenback goes to fall very, very sharply9 … These issues are going from bad to worse as we blow out the fiscal deficit within the years forward.”
Don’t Anticipate a ‘Smooth Touchdown’
All of final yr, whilst inflation began rising earlier than our eyes, authorities denied that issues have been as bad as they appeared. Inflation is transitory, they mentioned. It wasn’t till Might 2022 that Federal Reserve chair Jerome Powell lastly admitted that executing a comfortable touchdown could also be past the Federal Reserve’s management (see video above).
Powell’s definition of a “comfortable touchdown” was 2% inflation with a powerful labor market. Clearly, we’re effectively previous that time already. The chart beneath, from U.S. Inflation Calculator, is illustrative.10
U.S. inflation is at present at 8.3%, however in some markets, it’s within the double digits. Used automobile gross sales, for instance, have seen an inflation charge of twenty-two.7% prior to now 12 months.11 Globally, meals costs elevated by 29.8% between April 2021 and April 2022.12
Might 31, 2022, Treasury secretary Janet Yellen lastly additionally admitted13 she was flawed when, in 2021, she mentioned inflation could be a “small threat” that will be “manageable” and “not an issue.” In an interview with CNN host Wolf Blitzer, Yellen claimed:
“There have been unanticipated and huge shocks to the economic system which have boosted power and meals costs, and provide bottlenecks that affected our economic system badly that I did not, on the time, absolutely perceive.”
How the treasury secretary might be so unaware of fiscal realities is tough to fathom. However she’s not the one one attempting in charge our monetary state of affairs on “unanticipated” occasions. Contributors on the World Financial Discussion board’s Davos assembly blame inflation on company greed, which solely proves they’re unqualified to handle something, not to mention a world economic system. As famous by Kentucky Sen. Rand Paul:14
“When you have been in a third-grade class, I’d provide you with a failing grade in the event you instructed me inflation was attributable to greed. That’s the dumbest clarification, essentially the most implausible, missing all details, that somebody may put ahead.
Inflation is attributable to a rise within the cash provide … The Federal Reserve prints it as much as borrow it; it floods the economic system and drives costs up. When you don’t perceive that, it’ll by no means get any higher.”
Once more, recall that Soros in 2011 acknowledged that financial collapse is “foreseen” and that authorities have been merely shopping for time earlier than the inevitable collapse.15 Now that we’re within the economic system’s last dying throes, those that have been conscious of the trajectory for effectively over a decade, if not longer, can not admit it, as a result of then they’d have to elucidate why they didn’t act to cease it.
Such an admission would additionally expose the central financial institution system because the fraud that it’s. So, they now blame something they will consider, even when it makes no rational sense.
Huge Image Overview
In a June 5, 2022, Twitter thread, Kim Dotcom supplied the next overview of the state of affairs and the way we received right here:16
“The fact is that the U.S. has been bankrupt for a while and what’s coming is a nightmare: Mass poverty and a brand new system of management … Whole U.S. debt is at $90 trillion. U.S. unfunded liabilities are at $169 trillion. Mixed that’s $778,000 per U.S. citizen or $2,067,000 per U.S. tax payer.
Keep in mind, the one manner the US Authorities can function now could be by printing more cash. Which implies hyperinflation is inevitable. The entire worth of ALL firms listed on the U.S. inventory market is $53 trillion.
The actual worth is far decrease as a result of the US has been printing trillions to supply curiosity free loans to funding banks to pump up the inventory market. It’s a rip-off. A lot of the $53 trillion is air.
The worth of all U.S. property mixed, each piece of land, actual property, all financial savings, all firms, every part that each one residents, companies, entities and the state personal is value $193 trillion. That quantity can also be filled with air identical to the U.S. inventory market.
Let’s do the maths: U.S. whole debt $90 trillion; U.S. unfunded liabilities $169 trillion. Whole $259 trillion. Minus all U.S. property, $193 trillion. Steadiness, -$66 trillion. That’s $66 trillion of debt and liabilities after each asset within the U.S. has been offered off … So even when the U.S. may promote all property on the present worth, which is inconceivable, it could nonetheless be broke. The U.S. is past bankrupt …”
On the root of this collapse is cash printing. As famous by this Twitter person, the U.S. has been operating a deficit since 2001. Within the final 50 years, the U.S. has had solely 4 years throughout which it made a revenue, and that revenue wouldn’t even cowl six months-worth of the present annual deficit.
With debt and spending spiraling uncontrolled for therefore lengthy, the U.S. authorities has had no selection however to print more cash, which solely makes the issue worse. Cash printing is what causes inflation. It’s incorrect to view inflation as a value improve, per se.
It’s actually a decline within the worth, or buying energy, of the foreign money. The worth of your cash declines because the pool of whole {dollars} out there will increase. Right here’s a chart exhibiting how the printing of cash has skyrocketed over time.
How Has the Greenback Survived This Lengthy?
The explanation the greenback has survived this lengthy is as a result of it’s the world’s reserve foreign money. Nations all over the world should maintain U.S. {dollars} because it’s the foreign money used for world commerce. Many have lived beneath the phantasm that this could by no means change. Alas, nothing on this world is everlasting.
Because the U.S. has continued to print {dollars}, it has brought on inflation all over the world, so the supremacy of the greenback is not uncontested. And, when the greenback does lastly collapse, international markets will go down with it — until international locations ditch the greenback because the reserve foreign money first, which might be an absolute catastrophe for Individuals, as it could set off hyperinflation virtually instantly.
Principally, a technique of taking a look at cash printing and the ensuing inflation is as a type of theft. Worth is stolen. Buying energy is stolen. And the inflation of the greenback is, as Kim Dotcom notes,17 “The largest theft in historical past,” because it impacts the entire world.
What’s extra, there’s no solution to repair this drawback. There’s no manner out. As in a private chapter, at a sure level, there’s no manner so that you can ever pay again the curiosity you owe on the cash you borrowed. At that time, your solely choice is to file for chapter and begin over.
In 2020, the World Financial Discussion board formally introduced {that a} Nice Reset is within the works, and this “reset” is mainly how the globalist cabal intends to “repair” this case. It’s not a lovely answer for the typical particular person, nevertheless, as a result of The Nice Reset solves the issue by transferring all of the world’s wealth and energy into the arms of the few and erasing democracy worldwide in a single fell swoop.
Principally, they’re now attempting to manage the demolition of the world’s monetary system in such a manner that individuals will voluntarily comply with their new system. What many nonetheless fail to know is that the brand new system will probably be far worse than the previous one. Not less than beneath the fiat foreign money central financial institution system, there was the phantasm that the typical particular person may construct wealth.
Below The Nice Reset’s new centralized monetary system, all wealth and all of the world’s sources will probably be beneath the management of unelected technocrats who will rule and micromanage your private life by technological surveillance and algorithms — all beneath the guise of “saving the planet.”
Who Owns and Controls the World
Already, 90% of all S&P 500 companies are owned by a mere three funding companies: BlackRock, Vanguard and State Road. This contains drug firms and the centralized legacy media, which I reviewed in “The Identical Shady Individuals Personal Huge Pharma and the Media.”
Time Warner, Comcast, Disney and Information Corp — 4 of the six media firms that management greater than 90% of the U.S. media panorama18,19 — are owned by BlackRock and Vanguard. For sure, if in case you have management of this many information shops, you possibly can management complete nations by means of rigorously orchestrated and arranged centralized propaganda disguised as journalism.
The property of BlackRock alone are valued at $10 trillion.20 Making this circle of energy even smaller, Vanguard is the most important shareholder of BlackRock.21,22 And who owns Vanguard? Attributable to its authorized construction, possession is tough to discern. It’s owned by its varied funds, which in flip are owned by the shareholders. Other than these shareholders, it has no outdoors traders and isn’t publicly traded.23
That mentioned, lots of the oldest, richest households on the planet could be linked to Vanguard funds, together with the Rothschilds,24,25 the Orsini household, the Bush household, the British Royal household, the du Pont household, and the Morgans, Vanderbilts and Rockefellers.
Contemplating BlackRock in 2018 introduced that it has “social expectations” from the businesses it invests in,26 its potential position as a central hub in The Nice Reset and the “construct again higher” plan can’t be neglected.
Add to this info exhibiting it “undermines competitors by proudly owning shares in competing firms” and “blurs boundaries between personal capital and authorities affairs by working carefully with regulators,”27,28 and one could be hard-pressed to not see how BlackRock/Vanguard and their globalist homeowners may have the ability to facilitate The Nice Reset and the so-called “inexperienced” revolution, each of that are a part of the identical wealth-theft scheme.
The Managed Demolition of Meals and Finance
At this level, it’s vital to know that The Nice Reset entails not solely the managed demolition of finance but additionally the managed demolition of our meals system. In any case, he who controls the meals actually controls the world. As defined by Equipment Knightly in Off-Guardian:29
“We’re within the early phases of a meals disaster. The press has been predicting this for years, however up till now it all the time seemed to be nothing greater than fearmongering, designed to fret or distract folks, however the indicators are there that this time, to cite Joe Biden, it ‘goes to be actual.’
No one is aware of how bad it may get, besides the people who find themselves creating it. As a result of the proof is fairly clear, it’s being intentionally and cold-bloodedly created … We now have Russia’s ‘particular operation’ in Ukraine driving up the worth of staple meals, wheat and sunflower oil, in addition to fertilizer.
We now have the sudden ‘chook flu outbreak’ driving up the worth of poultry and eggs. The hovering value of oil is driving up the price of meals distribution. The inflation attributable to big influxes of fiat foreign money means households are spending more cash on much less meals. And as all that is taking place, the U.S. and UK (and possibly others, we don’t know) are actually paying farmers to not farm …
Simply because the COVID ‘pandemic’ was mentioned to focus on ‘weaknesses within the multilateral system,’ so this meals disaster will present that our ‘unstable meals techniques are in want of reform’ and we have to guarantee our ‘meals safety’ … or a thousand variations on that theme …
In an interview from July final yr, Ruth Richardson the Govt Director of the NGO World Alliance for the Way forward for Meals actually mentioned: ‘Our dominant meals system must be dismantled and rebuilt’ …
Writing within the Guardian two weeks in the past, George Monbiot, weathervane for each deep state agenda, states along with his trademark lack of subtlety: ‘The banks collapsed in 2008 — and our meals system is about to do the identical … The system has to alter.’”
So, simply what sort of meals system is the globalist cabal dreaming of implementing? Effectively, the World Financial Discussion board has been speaking about this for years, so it’s not arduous to determine what they wish to transition us into.
One key change will probably be to transition us away from actual meat and into patentable lab-grown meats. They’ve additionally been pushing the thought of consuming bugs, weeds and gene-edited meals.
“Supranational firms, with earnings bigger than the price range of some nations, are growing carbon footprint tracker apps30 which reward folks for making the ‘proper selections. That might simply be utilized to meals,’” Knightly provides.31
“The play is obvious: Proper now they’re on the brink of tear all our previous meals techniques down, with the acknowledged goal of constructing them again higher. However higher for them, not us.”
The Time to Put together Is Now
Even in the event you don’t consider the worst-case eventualities are potential, I urge you to organize for a minimum of some measure of ache. Maybe meals shortages received’t flip into whole famine situations, however they could. At naked minimal, take into account storing a number of months of additional meals for your loved ones, as costs within the close to future are solely going to go up, and/or begin rising a few of your individual meals.
Likewise, whether or not the financial crash finally ends up being arduous or comfortable, put together your self for potential monetary hardship. Shopping for bodily treasured metals might be one defensive technique, as it may well assist defend towards foreign money devaluation. Investing in actual property, akin to land might be one other.
It’s arduous to make definitive suggestions, as your technique will rely in your private state of affairs, so take a while to assume issues by. When you do nothing to hedge your bets, you could in the future end up left with nothing — which is exactly what the World Financial Discussion board has declared will probably be our lot. Different key areas of fundamental preparation have been listed in yesterday’s article, “Are You Ready for the Coming Meals Disaster?”
