By Amy S.,
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 2020.
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.
Rickards points out that it has been about eight years since the last financial crisis. These events tend to reoccur in eight- to 10-11 year intervals. Until now, the government has intervened during crashes by printing money. This provides liquidity and prevents bank runs.
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.
The Elite That Are Feverishly ‘Prepping’ For The Collapse
Once upon a time, “prepping” was something that was considered to be on “the lunatic fringe” of society. But in 2020, wealthy elitists are actually the most hardcore preppers of all. This is particularly true in places such as Silicon Valley, where a whole host of young tech moguls are putting a tremendous amount of time, effort and money into preparing for apocalyptic scenarios. So while interest in prepping among the general population has fallen extremely low right now, the election of Donald Trump has given liberal wealthy elitists even more urgency to prepare for what they believe is a very uncertain future.
So are these wealthy elitists ahead of the curve, or are they just being paranoid?
Only time will tell, but they didn’t become exceedingly wealthy in the first place by being stupid.
As I discussed yesterday on The Most Important News, there are certainly reasons to be optimistic now that Donald Trump has become president, but there are also lots of reasons to be prepping harder than ever.
We should be hopeful for the future and working for a better tomorrow, but we also need to understand that we live in a world that is becoming increasingly unstable.
And most of us think that it is just common sense to purchase insurance for our homes, our cars, our health, our lives and so many other things, and yet most of the population is completely unprepared for a major catastrophic event.
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!
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. Unfortunately, Mainstream Media has really little choice of putting out a positive news spin because if they did not, the masses would be frightened and revolt. We are NOW facing, and the odds keep growing that we might enter another Great Depression, and if we do, it will make 1929 seem and feel like good times. So in a sarcastic way, can we blame them for putting a positive spin on current events. We are repeating the same thing we just saw in 2008, 2009.
The too big to fail saved from the debt man’s noose. While sheep peasant citizen was packing their belongings into the trunk, house gone, job gone. 1. The banks and hedge funds and private equity funds have been saved. They are the ones buying the market up. 2. Small business is going to get crushed. 3. The gig economy and commission sales are going to get crushed. 4. Employees are going to get crushed. 5. Nancy and Chucky are taking this opportunity to run Coup part 1. 6. HRC and Cuomo and Biden are up to no good – if they lose, they are going to run Coup Part 2. 7. The Democrats mean to run the clock down until November. 8. The RINOs will continue to rob banks until there is nothing left to steal – they are going to strip mine the country the way the Bolshevists did the Soviet Union.
- Prepare for this House Arrest to continue for many months.
- Prepare for a violent election season.
- Prepare for a Civil War after the losing team refuses to accept in November.
- Prepare for massive economic dislocation.
- Prepare for massive supply chain dislocation. If we are expecting the people who created this crisis to solve it, then we richly deserve the calamitous outcome.
Ten million Americans declared unemployment in two weeks, and all your government does is give you a $1,200 advance on your tax return while bailing out corporations with the largest wealth transfer ever, and some of you are still shrieking about Russia and China. Your rights are evaporating. Your government has failed to provide the bare minimum social safety nets during a very manageable pandemic. Your nation’s billionaire class has been growing wealthier and wealthier while most of you would struggle to pay a $1000 emergency bill. The Peasant sheep need to realize you are watching a magic show. They need to pump enough money into the stock market to give the vast majority of people the illusion that their savings (money) are secure. When in fact that it’s not. These large funds which are being supported also have large exposure to Mortgage-backed securities and Commercial property loans that will be going bad.
The magician has gone all chips in betting that at the right moment, they can release the Peasant Sheep, and the economy will fire right back up. Then when sheep peasant is again dumping payroll money into the market, they can slowly liquidate their positions. Where I believe they have made an error is they look at people and society through their Ivory tower lens. People will get out, but their spending isn’t going to come back to what The magicians are anticipating, by a long shot.
That’s what’s going to break this damn bubble. George Carlin once said: It’s a big club and you ain’t in it. “But there’s a reason. There’s a reason. There’s a reason for this, there is a reason education sucks, and it’s the same reason that it will never, ever, ever be fixed. It’s never gonna get any better. Don’t look for it. Be happy with what you got because the owners of this country don’t want that. I’m talking about the real owners now, the real owners, the big wealthy business interests that control things and make all the important decisions. Forget the politicians.
The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the senate, the congress, the statehouses, the city halls, they got the judges in their back pockets, and they own all the big media companies, so they control just about all of the news and information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying, lobbying, to get what they want. Well, we know what they want. They want more for themselves and less for everybody else, but I’ll tell you what they don’t want: They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well-educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. That’s against their interests.
That’s right. They don’t want people who are smart enough to sit around a kitchen table to figure out how badly they’re getting fucked by a system that threw them overboard 30 damn years ago. They don’t want that. Do you know what they want? They want obedient workers. Obedient workers. People who are just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money.
They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you, sooner or later, ’cause they own this damn place. It’s a big club, and you ain’t in it. You and I are not in the big club. And by the way, it’s the same big club they use to beat you over the head with all day long when they tell you what to believe. All-day long beating you over the head in their media telling you what to believe, what to think, and what to buy. The table is tilted folks. The game is rigged, and nobody seems to notice, nobody seems to care. Good honest, hard-working people — white-collar, blue-collar, it doesn’t matter what color shirt you have on — good honest, hard-working people continue — these are people of modest means — continue to elect these rich cocksuckers who don’t give a damn about them. They don’t give a damn about you. They don’t give a damn about you. They don’t care about you at all — at all — at all. And nobody seems to notice.
Nobody seems to care. That’s what the owners count on; the fact that Americans will probably remain willfully ignorant of the big red, white and blue flag that’s being jammed up their assholes every day. Because the owners of this country know the truth: it’s called the American Dream because you have to be asleep to believe it.” ― George Carlin. It is clear the looting and wars go on! Even in this event.
They will not nationalize the banks though public by bailout owns them. They will not nationalize the Medical – For-Profit over human life scam. They will not Nationalize the big companies at the trough again – they bought their stocks back to inflate prices. They will not open the office of monopoly, racketeering, and union-busting. They will not bring back The Glass-Steagall Act. It is one corrupt system —- For the Victors 1%, everything; for the vanquished the people nothing. Unless they are told to go eff their greedy asses.
Remember, calamities are everywhere: at work, home, school and many other places. These calamities cause tension and leads to a decrease in productivity. This may finally lead to a reduction in life. Fortunately, the lost ways review will provide solutions to these situations. It will give you the tips for preparing yourself when nothing seems to go as expected.
Generally, most people are optimistic. This makes them unprepared for failure. However, the best thing is to prepare for worst times. It is important to tell your kids about earthquakes, fire outbreaks, extreme weather conditions and other calamities. Tell them how to deal with these calamities in case they occur.
Disclaimer: We at Prepare for Change (PFC) bring you information that is not offered by the mainstream news, and therefore may seem controversial. The opinions, views, statements, and/or information we present are not necessarily promoted, endorsed, espoused, or agreed to by Prepare for Change, its leadership Council, members, those who work with PFC, or those who read its content. However, they are hopefully provocative. Please use discernment! Use logical thinking, your own intuition and your own connection with Source, Spirit and Natural Laws to help you determine what is true and what is not. By sharing information and seeding dialogue, it is our goal to raise consciousness and awareness of higher truths to free us from enslavement of the matrix in this material realm.