👉The American Economy Sliding Into The Abyss – Nothing Will Ever Be The Same
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This does not the end. This is only the beginning.
This crisis has just begun, and we are only in round 3 of a 12 round Main Event.
How massive can the crisis eventually get?
– dunno, but its gonna get worse before it gets worse.
The darkest hour is just before it turns completely pitch black.
Wait ’til this crisis reaches its climax, i.e., the complete collapse of all the world markets by orders of the international banksters. A powerful statement, but In my opinion, the Federal Reserve, acting by orders of their international banking bosses, will continue to keep these markets artificially propped perhaps for another couple months before they decide to pull the plug, which will cause the greatest crash in the history of mankind. Right now, they are saving the best for last. And when they do pull the plug, then will we see real panic. They don’t want to spoil the whole show just yet. More government spending needs to take place, and more economic damage needs to be done before they give the order to Pull it.
And they know they have plenty of time before the command is given since they know how to plan and execute their agendas. The goal, in my opinion, is to completely bankrupt our US government and our economy. And the target is the US dollar. The dollar will still have value. We will just be broke. The international bankers will then offer their new world currency as the solution to the resulting upcoming worldwide financial upheaval. Their desire is to replace the US dollar, which is in the control of our US government, with their New, International currency, owned and controlled instead by the international bankers. I find it hard to believe that they are going to let this engineered crisis pass without achieving this goal. The international bankers will then have complete control of the world of finance. A complete takeover of this world by way of the financial system. Mission Accomplished.
I am just wondering how long can an over-leveraged debt-driven economy survive a 35% drop in global GDP without a total collapse in some sort of Zimbabwe-style.
My estimate is three months, but then my estimate is also that the world will go in and out of lock-downs for at least 6-12 months.
When this bailout money is burned through. Which is going to be quicker than anyone thought.
We now have close to 8 billion humans walking the planet, looking to support themselves and their families while lockdowns, automation, and globalization takes away their jobs.
They are now facing the greatest wage disparity in history. High unemployment because the Government’s Bureau of Labor Statistics keeps fudging and lying about the real unemployment numbers, which, if they were truthful, would be in the 20-24% unemployment range according to John Williams of shadowstat.com, and that’s way, way before the coronavirus hit. The Bureau of Labor Statistics, according to Mr. John Williams, has been fudging and lying since 2009 so as not to scare the masses, and according to Williams, the real inflation rate has been in the 10-12% since 2009. I tend to believe that based on rising prices and product and package shrinkage.
Trends Journal founder Gerald Celente who likes to call it as it is is now calling it the Greatest Depression. The financial media doesn’t acknowledge that our Shale Oil boom will go bust because the Shale Oil sector doesn’t make any money.
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👉Recommended Economic and Financial books :
Destined for War: Can America and China Escape Thucydides’s Trap? https://amzn.to/33RwG52
How an Economy Grows and Why It Crashes by Peter Schiff : https://amzn.to/33Tk8Ky
Bitcoin: The End Of Money As We Know It https://amzn.to/31TXAqX
The Death of Money: The Coming Collapse of the International Monetary System https://amzn.to/2L2688q
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