The American empire is in crisis. The economic collapse is worse than the great depression. We have seen it all these past three months. The coronavirus deaths, the lockdowns, massive job losses, education disruptions, loneliness, depression. And then just when we were turning the corner. Coast to coast protests, unrest, violence, destruction, looting, and chaos. More than 350, that’s the estimated number of cities in which protests have taken place in America in the last 24 hours. One thing is certain, America and the world will never ever be the same again.
The economic fallout of the lockdowns will reverberate for years to come. The US GDP is now projected to decline by nearly 53% in the second quarter. The US exports hit a 10-year low. Trade deficit explodes. The US pension plans warn they will run out of money by 2028. 1.9 million Americans applied for unemployment last week. 42.6 million have filed jobless claims during the pandemic as extra unemployment benefits expire next month. Almost twice as many Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession. Since 2010 we created about 22 million jobs. In the last 11 weeks, we lost 42 million.
The rich are too busy making money hand over fist, while rent evictions will be triggered in days. Everyone is just too damn preoccupied to notice the REAL state of our economy. The ultra rich are buying up houses and land globally with their ill-gotten gains from the Fed further putting the squeeze on the sheeple.
This is absolutely a war and the masses are losing horribly. Landlords are in for a rude awakening once the moratorium ends and stimmies run out. The rent is only going up for the people who pay rent. Rent has been – zero – for millions of renters for almost 18 months. The landlords are jacking the rent on those who pay to make up for the arrears on their balance sheets for non-paying tenants of the last 18 months, and to get back on top of their own debts/bills/etc… Property taxes have gone up or will soon due to increased valuation, maintenance costs are up if you can find someone and, of course, insurance is up…it’s not all rosy for the owners.
That’s when BlackRock will buy up everything. First inflation then rapid deflation. Blackrock and Vanguard are buying up those homes just like in Australia so no one will be able to afford a home. The establishment destroyed the small landlords. All that is left is corporations. You will pay more with less competition. Finding a rental house in the months ahead will be hard.
The landlords will raise the rents by 50% and wait months for the perfect tenant . And Wait till the rent moratorium ends as bankruptcies rise among landlords and the banks force Biden’s hand. Lower end of the economic ladder will be turfed out in the dead of winter and will be completely priced out of the market. Inventories will rise but demand is still very high. If anything, rents will rise because of the new risk of eviction moratoriums. Remember, the moratorium remains in effect after it was declared unconstitutional. The eviction moratorium changed landlords’ risk structure dramatically.
We have lost 380 jobs for every confirmed US death from COVID-19 and war. So was it worth it? And we’re not anywhere near done with the bloodletting.
Almost 50 million people have been forcibly unemployed. Their jobs are GONE. Their lives are GONE. They’re about to lose everything. Pillaging and plundering destroy our potential, and after days of this, the rioters may return home to the same. It is a lousy future. No businesses, no taxes and no soup for you because the trucks stopped delivering, Food will be scarce. Lines are down, so nobody knows where to find any. Starvation is on the horizon. The riots have killed what little hope of recovering quickly that may have existed. The riots are a watershed moment for many; few will be able to just go back to work and forget what happened/is happening. The producers in this system have been exposed to the true evil of the eaters.
Their government failed/continues to fail to protect them. Why would any continue to participate at this point? We’ve seen the rubble and trash riot for the past week. That’s bad enough. But sadly, we’re approaching a time when decent, hard-working men who’ve had their lives financially and psychologically destroyed will start “going off.” There’s a horrible scenario waiting to be played out in America. All due to the greed of a corrupt and morally bankrupt elite. The world will become a very sterile and boring place. You take away the office space, restaurants, shopping malls, clubs, what do you have left? What kind of culture do you have? And all the people who used to work in these businesses, what are they to do! I find what’s going on to be very disturbing and shortsighted, ultimately creating a very gray society with no community, a lot of loneliness, and a lot of poverty.
The Global Elite Secret Plans For The Next Financial Crisis
I stated in this article that an “imminent disaster.US stock markets”, and that “people seem to have forgotten one central and critical point. Most people seem to believe that they have to lose a great deal of money when crises materialize and forget that it is absolutely possible to prosper during crises as well.
Thus, because they feel they must suffer during a crisis, the ‘shoot the messenger of bad news’ syndrome commences.
Now that the US markets have traded between a range for several days, the mass media is bombarding everyone again with a “it’s a great time to buy more US stocks!” narrative that will prove to be poison to any retail investor foolish enough to swallow these sales pitches.
If you don’t understand how Central and Commercial bankers are manipulating these markets to manufacture “up” days to grant the appearance of market recovery amidst great structural fragility, then I recommend that you visit a lot of the referenced links in this article, where you can find a lot of detailed information and analysis about how bankers manufacture these illusions with manipulated rigging. To allocate any of the money you earn on the basis of empty banker promises of higher asset prices without understanding the risk-reward metrics of doing so is NO strategy at all, but instead a risky proposition based entirely on hope.
According to Rickards, the next crisis will likely be a continuation of the 1998 hedge fund collapse and the 2008 banking collapse. He estimates that it will occur around 2022 – 2023.
As Rickards explains, the ’90s were a period of risk and instability for hedge funds. Eventually, Wall Street had to bail out hedge fund managers. Then, in 2008, central banks had to bail out Wall Street.
In both instances, global financial markets nearly ground to a halt. They were rescued at the last minute by government and banking interventions. And the underlying problems that cause these crises were never solved.
The US stock market crash.
After an initial period when the US stock markets sold down by about 17%. Shortly after this initial strong sell-off, the market actually rose slightly for several weeks, invoking the perpetual salesmen employed by global investment firms to declare that the correction was over and that it was time to start buying US stocks again. This is the period I’ve circled in green above. After many were lured backed into the US stock markets, they finally crashed hard in October. If you look at the US stock market selloff to this point today, I believe that we are currently in that period , a period of relative calm before a stronger, more devastating dive occurs.
‘Listen Up! The Financial Elite Will Soon Prevent You Accessing Your Own Money!’
I have warned for a long time that the Federal Reserve is planning to destroy the U.S. economy by: printing the U.S. dollar in exponentially riskier quantities until it blows off the charts and crashes, and by easing credit and rates until the average individual and corporate debt loads are so enormous that the resulting massive distortions in the economy suddenly bring on an economic heart attack, leaving no possibility of a short or even medium-term recovery. That day is here!
That time has arrived. Evidence Indicates The USA’s Plug Has Been Recently Been Pulled Suddenly, in only the last two weeks, the warnings are flooding out of high finance like a burst dam. The message is clear for those who have ears to hear, for these warnings are all from the same inner circle: it can only mean someone has given the order to release the hordes of hell and go in for the kill. Some of these items listed below are reactions from the elite to save themselves and warn their friends.
Other items are legal and political actions to remove any hindrance or safeguard which heretofore inhibited a sudden and massive implosion. Keeping in mind that this overwhelming avalanche of dire events occurred over mere days, here is the list: Russia announces anti-dollar war. Last week Russia announced it is now anti-dollar, Russia & socialist partner Germany discussed switching out of dollars and into euros for financing and, more importantly, conduct their huge oil transactions in euros, not dollars. No less than Duisenberg, head of the socialist European Central Bank (partner of the anti-American Federal Reserve) agreed, as did Communist Russia’s partner, German Chancellor Gerhard Schroeder, in a recent meeting.
We are living in the greatest debt bubble in the history of the world, the global banking system has been transformed into a high-risk pyramid scheme of debt, risk and leverage that could cause an economic collapse at any time, and wealthy countries such as the United States have been living way above their means for decades.
Fortunately, I have found that an increasing number of Americans are becoming convinced that we are heading for a horrific economic collapse. Once they come to that realization, they want to know what they should do before the next stock market crash and financial collapse. In addition, it is important to distinguish between the “short-term” and the “long-term” when talking about economic collapse.
As I have written about previously, our economic collapse is not going to happen all at once. It is going to unfold over time. In the “short-term”, many are moving money around and are building up “emergency funds” to prepare for the next major stock market crash and recession. For the “long-term”, many are storing up food and huge stockpiles of survival supplies in order to be prepared for the total collapse of society.
Self-Reliance Is Key
The biggest hurdle of the Great Depression was a simple one: lives changed drastically – and they changed fast. Americans went from the lavish roaring twenties, where elegance and jazzy splendor perfused the nation, to scrubbing out a meager existence.
Those who survived it were never the same. They stockpiled more. They reused more and shopped for bargains, not luxuries. They fully understood that a trip to the grocery store may be the last for a very long time.
That’s the biggest lesson learned from surviving the Great Depression: Self-Reliance skills are essential to get you through the harsh times. The survival skills that our modern world has since lost.
So, what do you do?
Here is the scenario. “Government agencies are having difficulty making their payments. State governments are issuing vouchers to pay their bills. US Social Security is late in issuing its payments to retirees and the disabled. Many banks are issuing warnings about liquidity. The prices of food are escalating by the hour. Instead of talking about the latest inane reality TV show, everyone is talking about inflation, money, mass layoffs, etc. It is 5 days before the economic collapse.” So, what do you do?
Our current recession/depression is slow creeping at this point towards a bad outcome. Although I believe US and Canada are still 3 to 5 years away from an economic collapse, I woefully believe that the collapse is coming. Euro will collapse first. Greece,Italy, China and Spain have already collapsed. Italy and Portugal are soon to collapse next. Having this insight, I have been preparing vigorously for the past 2 years.
During these past 2 years, I have often thought about what the last 5 days would look like before a collapse. Because governments will do everything and anything to delay the onset of an economic collapse, as they should, I believe the problem will build to a dramatic point, where the economy will fall off a ledge very quickly. With the US Federal Government running $1 trillion dollar deficits for the past 3 years, how long can that continue? As some point in time, no foreign government or domestic entity will want to buy US Federal debt.
Then the only option is for the US Federal Reserve to generate artificial money, not backed by tax revenues nor by any tangible assets, in order for the Fed to buy US Federal debt. At some point in time, the continual injection of fiat currencies will trigger a hyper-inflation period. At that point in time, the spiral towards economic collapse will accelerate.
1# Wheat — Properly stored, wheat has the best long-term storage potential for common foods. Hard Red Wheat berries have a 30+ storage life. Be store to store the pre-ground wheat, which are called wheat berries. Once ground into flour, it last only about one year. Soft red wheat berries stores up to 20 years. The white soft and hard wheat berries stores for 10 or less years. For your critical long-term preps, stick with hard red wheat. Be sure to have a wheat grind on hand, so that may flour from the stored wheat berries. If you allergic to wheat, consider oats or quinoa instead.
2# Salt — This is not so much a food, but rather an essential mineral needed by your body. If kept dry and sealed, salt has an endless storage life. I store two types of salt. Pure salt, or often called canning salt, has no iodine. I reserve the canning salt for food preservation. Before refrigeration, meat, fish and cheese were storable due to salt preservation. And I store several pounds of salt with iodine added for cooking and table usage. Salt is an item that is often overlooked in food storage. Yet is has so many usage and is vital to good health. Both too much and too little salt is bad for your health.
3# Sugar (or honey) — Pure white sugar and honey, if properly stored, never expires. Keep sugar in a sealed container, and it never goes bad. For more preps, I storeDomino’s sugar that is already pre-sealed in 4 pound plastic canisters. Honey is best stored in glass jars in a cool, dark place. If honey crystallizes over time, just warm it a bit to become fluid again. Honey has a lot of micro-nutrients, and is my preferred way to store sugar for the long-term. Occasionally, my local drug store, CVS, has the Dominos 4 pound canisters on sale or I might buy with CVS extra-bucks.
4# Rice — White rice, if sealed in cans with oxygen absorbers, can have a 20 year storage life. Brown rice has a storage life of around 5 years. White rice is simply brown rice with the husk removed. Brown rice has more flavor and more nutrition. But white rice stores longer, since the husk of brown rice has small amounts of oil within that go bad much quicker. What I like about storing rice is the amount of dense calories it provides. Rice is easier to prepare versus grinding wheat berries. A cups of white rice plus of vegetables from your garden makes a filling meal. Many people don’t realize the rice has some protein. Rice combined with beans provides all the protein your body needs.
5# Powdered milk — If you have children, this is a key food to store. Regular powdered milk has a shelf life of 2 years. If packed in meal cans by a reliable vendor, powdered milk can be stored for 5 or more years. Fat free powdered milk stores a bit long. Most baking recipes call for milk, of which powdered milk is an adequate substitute. My favorite powdered milk for long-term storage is Future Essentials Canned Powdered Homestyle Creamery Milk Substitute and Honeyville’s powdered milk.
Carnivore’s Bible (is a wellknown meat processor providing custom meat processing services locally andacross the state of Montana and more. Whether your needs are for domestic meator wild game meat processing)
The Lost Book of Remedies PDF ( contains a series of medicinal andherbal recipes to make home made remedies from medicinal plants and herbs.Chromic diseases and maladies can be overcome by taking the remediesoutlined in this book. The writer claims that his grandfather was taughtherbalism and healing whilst in active service during world war twoand that he has treated many soldiers with his home made cures. )
The Lost Ways (Learn the long forgotten secrets that helped our forefathers survive famines,wars,economic crisis and anything else life threw at them)
LOST WAYS 2 ( Wordof the day: Prepare! And do it the old fashion way, like our fore-fathers did it and succeed longbefore us,because what lies ahead of us will require all the help we can get. Watch this video and learn the 3 skills that ensured our ancestors survival in hard times offamine and war.)