American Economic Collapse

kenmuldoon55

Well-known member
China just made a huge announcement about its plans for Taiwan. Russia and China solidify its hold over Ukraines minerals and the USA dollar is near extinction. Advising to invest in Gold. Does anyone think that is a wise decision or should we trust that Jehovah will see us through the economic collapse?

If a believer can hedge, it would be wise to be sure. Many just don’t have the financial wherewithall for investment in precious metals so investing in a stronger faith and reliance on Jehovah is a solid investment.
Either course is wise as long as one realizes that at some point the whole floor will drop out from under us leaving us hanging from a rope where we will experience the wisdom of the saying:
“Happy are you when you reach the end of your rope for then there will be less of you and more of me”.
 

kirmmy

Well-known member
China’s economy appears to be in trouble. The aftershocks could be (likely will be) significant. $124.5 billion worth of bonds are now in default in the entire $175 billion China property dollar bond sector, per Reuters.

This is major. Defaulting on government bonds! Am I reading that right? I always thought that the rotten structure known as the American financial system would collapse first but... Who knows...
 

Summit

Well-known member
This is major. Defaulting on government bonds! Am I reading that right? I always thought that the rotten structure known as the American financial system would collapse first but... Who knows...
According to the bible it is the anglo american head that collapses so I think we do know.

Global rating agency Moody’s on Sept. 1 revised down its 2024 GDP forecast for China to 4% from 4.5%. It maintained that China’s economy will grow at the rate of 5%, the official government target, in 2023.
 

kirmmy

Well-known member
Yes, but on what level. Financially may be different than what happens Biblically. Perhaps China defaults first. That leads to a default in America, then Britain and that leads to war which leads to the head being struck. There are an endless number of ways this could play out that then leads to the fulfilling of the ultimate end described in the Bible.
 

SusanB

Well-known member
Yes, but on what level. Financially may be different than what happens Biblically. Perhaps China defaults first. That leads to a default in America, then Britain and that leads to war which leads to the head being struck. There are an endless number of ways this could play out that then leads to the fulfilling of the ultimate end described in the Bible.
So true. Plus the bible says that the anglo american head collapses but it doesn’t say that other governments don’t collapse. I think it is just notable that the anglo american head collapses because it is the ruler of the world, the primary and seemingly “too big to fail”.
 

Summit

Well-known member
Yes, but on what level. Financially may be different than what happens Biblically. Perhaps China defaults first. That leads to a default in America, then Britain and that leads to war which leads to the head being struck. There are an endless number of ways this could play out that then leads to the fulfilling of the ultimate end described in the Bible.
So true. Plus the bible says that the anglo american head collapses but it doesn’t say that other governments don’t collapse. I think it is just notable that the anglo american head collapses because it is the ruler of the world, the primary and seemingly “too big to fail”.
Those are both fair points you bring out. On an economic level you could be right. I guess it comes down to what collapse entails. Obviously economic collapse is part of it, but I would imagine that it also means a complete destruction of that countries current form of Government. For example, when the United States collapses and is reborn it will not be anything close to what it formerly was in it's form of Govt. whereas if China collapses it will most likely still be China just much weaker financially. So when we are discussing collapse I think that needs to be taken into consideration. Right now China is very strong internally regarding its growth goals and creating the new silk road, along with the other BRICS nations. They are building their infrastructure, renovating, and building towards a tomorrow, whereas the US is actually collapsing due to the corruption and fifth column attacks levied against everything within our country that is worth attacking. Our infrastructure is crumbling, socially we are being torn apart and divided on multiple fronts, and the level of corruption by the leadership has taken on a new standard of deception and willingness to lead this country into its destruction. Interestingly, China just surpassed the United States in the average age of life expectancy for their people. I think they beat the US by a year or year and a half now, which shows a strong desire to make their country stronger rather than weaker. I'm not saying China doesn't have cracks, of course all countries do run by man, but as far as a collapse of the order the seventh head is soon to take, China isn't even close.
 

BARNABY THE DOG.

Well-known member
China's problem is nothing compared to the US financial system. Maybe the Chinese I hear need to study up on the latest fraudulent schemes the FED is rolling out to keep insolvent institutions afloat (for now)

I hear on the news that the UN is funding immigrant entry into the USA and Europe to the tune of several billions of US dollars a year and set to rise.
 

DR75 less 1

Well-known member
Mr Biden seems to be fixed on Iran. Why is America and it's coalition buddies all up in the Middle East? War on terrorists? yeah right. They're there to protect the oil of which the US Military is mandated to do in exchange for oil priced in USD.

Also to send a message to the BRICs to back off prehaps. War is good for business for those pulling the strings, and they don't care how many people die. War is a racket.
 

Melinda

Well-known member
BREAKING: Nearly 30% of all stocks in China have been halted as China’s CSI 1000 index slides 8% in a matter of hours.



Chinese stock market today:



1. CSI 1000: -8%

2. Star 50: -5%

3. Beijing 50: -4%

4. Shenzhen: -4%

5. Shanghai Composite: -3%



Chinese small cap stocks are collapsing while the large caps are completely unfazed.
 

Carl

Well-known member
Here's the letter I sent my nonreligious family & friends yesterday.

Part 1:

On January 24th, 2020 I sent an email warning about COVID and its possible ramifications. Since then, life has changed. We live in a much different world than the one we grew up in, nobody can deny that fact. In 2008, a sitting US Congressman said we were "hours away from tanks on the streets." What he meant was the US was perilously close to total economic collapse. Collapse was averted thanks to massive currency creation by the major central banks working in concert. This has led to the inflation we see today, which if measured by 1980's metrics, would stand at ~15%. From 2008 to 2020, much of the inflation was absorbed by the top 1% via luxury goods, property and investments. Unfortunately, the developing nations also felt the brunt of this insidious tax, which is why the West is being flooded by desperate migrants. Thanks to the $6 trillion created in 2020 to fight COVID, the rest have begun to see the effects of inflation via increased food & shelter costs, general maintenance repairs such as heating & cooling, auto & home, as well as college tuition, insurance, medical bills and recreation. Everyone's feeling inflation now.

Why is this happening, and what's going to happen in the near future? The "why" is easy to answer, but the "what" is more difficult, so I'll give my prediction later. Creating currency faster than raw material supplies can grow, and/or productivity can increase, causes inflation due to the simple law of supply & demand. Basically, if you have more dollars chasing fewer goods & services, costs will rise. I was wrong to believe the US would collapse back in 2008-9, because I had no idea how strong and resilient our system was. I also had no idea how corrupt it was. The 2008 Financial Crisis was to finance laws what 9/11 was to national security laws. There are way too many rabbit holes to go down, but after 15+ years of research, I've learned our global financial system is one gigantic PONZI scheme that can't go on indefinitely. This is why in the Fall of 2019, the FED changed their definition of money to include it being a "means of social control."

See page 2, paragraph 3 of the FED document OP-1670:

https://www.federalreserve.gov/SECR...1670/OP-1670_092819_134428_421945238742_1.pdf

The people who run the world aren't a bunch of "Jews" sitting in a dark room somewhere. Anti-Semitism is just one of many rabbit holes used to cause division and diversion. The people who run the world are the billionaires we know, and the trillionaires we rarely hear about; powerful families that go back generations. A well-educated estimate of how many people control the world has been placed at around 5,000. They don't have loyalty to any particular nation, but rather consider themselves global citizens. Their plan has been to gradually move the world into a tightly controlled, top-down system whereby personal liberty and upward mobility will be severely curtailed. The final stage requires a global emergency, which will be used in order to sell their ideal world by offering peace & security in exchange for loss of personal freedom, and a greatly reduced lifestyle for everyone but them.

How do I know all of this? Because they've openly broadcast their plans for years via speeches, books and papers. It's not a hidden agenda if you look for it. They tell us exactly what they plan to do, but most people are too distracted by life to listen. They know the vast majority of the public has no interest in digging below the surface propaganda. Propaganda can be used for good or bad. If used to promote healthy eating, it's good, but if used to promote division, it's bad. Propaganda is just information, ideas and opinions. It's easy to control the zeitgeist when you control the major sources of information dissemination.

Who controls the message? Giant multinational corporations like BlackRock, Vanguard and State Street have used their power, influence and wealth to buy up media, food services, housing, farmland, medicine, manufacturing, energy, defense, education and more; in order to consolidate power into the hands of ~5,000 technocrats and power brokers. Almost every politician/leader is beholden to someone who supported their rise to power, it's politics 101. The whole system is rotten to the core, which is why it's beginning to crack.

What is going to happen? The global financial system is fracturing into the West vs. everyone else. The world is tired of the WEST printing currency to import their raw goods and labor, while exporting inflation. The emerging BRICS monetary alliance represents ~80% of the global population, and they've decided to dump the US dollar as the World Reserve Currency. Instead, they're now trading with one another in their own currencies. This is why we're seeing inflation, and why the FED can't lower rates; if and when they do, the dollar will hyperinflate. It's basic math that can't be hidden any longer.

There are different factions vying for control of the coming global government. Some want the West in control, others the East, while many want a balance between all nations. No matter who controls it, our lives will change. In order to stave off collapse, the Federal Reserve has been monetizing our debt since 2008, buying us time. Our military has been used to buy time as well, but that too has limits. Basically, they've been creating incredible amounts of money keep the system going. This is why everything costs more! Massive currency creation always works for a while, until it doesn't.

When banks and corporations had easy access to interest-free money, a deflationary collapse was impossible, but a hyperinflationary collapse was inevitable. Hyperinflation was delayed after central banks ended this practice in 2022, but a financial timebomb was lite, and the fuse is very short now. Collapse could have occurred last year, but the FED ended the reserve requirement for banks. They also changed the laws defining ownership of deposits. Where it used to be the depositor owned the money, it changed to the banks, with the depositor as the beneficiary. The depositor still has free access to their deposits, but this technical sleight of hand puts them at the back of the line in terms of claims against the bank. Meanwhile, the bank is allowed to use their deposits as leverage, increasing the strain on the already overleveraged financial system.

https://www.usdebtclock.org/
 

Carl

Well-known member
Part 2:

What do I predict? Based on 15,000 hours of research, a very conservative estimate, I can comfortably predict the following. World war is coming, as the various factions don't trust one another. There are tens of millions of foreign-born residents in the US, some legal and some not. Most came for a better life, but a small minority are here to cause trouble. If just 5% of the estimated 30 million legal & illegal immigrants are here to cause problems, that's 1.5 million people. If just 1% of them are part of a coordinated effort to disrupt our security, that's 15,000 people who could be highly trained and equipped to attack our power grids, municipal water systems, oil & gas pipelines, food manufacturing & distribution facilities, as well as other critical infrastructure. This could easily destabilize our government enough to cause a shift from liberty to tyranny, resulting widespread death and destruction as the population panics. Inner cities will suffer first, then the suburbs, then rural areas. Very few are aware that the people who run the world have been calling for a global economic reset for years. They write books and put out videos calling for a "Great Reset," yet nobody really understands what that means for them individually.

What is the Great Reset? It's a plan to move everyone into dense cities, curtailing freedom to travel, as well as the right to own property, automobiles and they even want limits on the amount of clothes you can own. All of this in the name of protecting the climate. "Climate Change" is being used as a Trojan Horse to usher in total control over the most important aspects of our daily lives. I have a Bachelor of Science degree in Biology, so please listen to me when I tell you carbon dioxide is not a pollutant, it's plant food. Propaganda has convinced many that humans, and now farm animals, are destroying the planet. Littering, poor sanitation and 3rd world pollution are never mentioned; instead, backyard gardens, automobiles, mid-sized wardrobes and eating meat are the problem. This is an attempt to lead the world into a top-down tyranny, controlled by an unelected "technocratic elite." (Their term, not mine)

The good news is this plan will fail, but the bad news is it will take a lot of innocent people down in the process. When you're part of the self-described "elite," you inevitably become over confident, arrogant and very out of touch. Most of these people don't look at humanity for its potential, they view us as a disease. The fact is our planet could sustain 20 billion people if we were better governed. Instead, we're dumbed down and divided. The vast majority is poisoned by the food & water we eat, which has generated lifelong customers for the medical-pharmaceutical industry. A healthy body leads to a healthy mind, which leads to healthy relationships, which leads to healthy communities, which leads to a healthy society. The people in power don't want us healthy, which was proven by their response to COVID.

My advice is to get prepared to weather the coming storm. It may not come this year, but if you thought 2020 was crazy, 2024 is going to blow your mind! Prepare by getting healthy, and building local networks of likeminded family & friends. Stay positive and be part of the solution, not the problem. Have enough food & water to be able to get through an extended emergency. It's NOT going to be "Road Warrior," but it will be a series of hardships for most. The biggest transfer of wealth the world has ever seen is coming. The powers that be are at war with one another over which faction will control the coming global government apparatus, and that can't be stopped. We have zero control over what's about to happen, but we do have control over how we react. I plan to be peaceful and compassionate, but also wise and discerning of who deserves my help. What's coming will test each and every one of us, bringing out our best or our worst qualities. Plan accordingly.

For those who believe in God, what is coming has been prophesied. If you want my take on this aspect, reply and I'll tell you.
 

DR75 less 1

Well-known member
More trivia, Or not.

The Fed just announced : “The United States Federal Government is on an unsustainable fiscal path, and that just means that the debt is growing faster than the economy so it is unsustainable... ( some of us know that the US economy is broken ).

What most Americans don’t know or are not allowed to know is that the Fed is creating the debt in the first place.

The Fed is supposed to, #1, maintain “Price stability” It is a mandate of the federal reserve. #2 It is supposed to maintain full employment ( not sure how that works ), but apparently that is part of the mandate.

Over quite a few months now we’ve been hearing about employment numbers for the US. They’re all fake.
The Bureau of Labor Statistics have admitted it.

So with the Fed creating the debt out of thin air, and the BLS faking some of the data, ( Maybe they didn't fake the data but when they ran the stats they discovered the fraud ), it is no wonder that, The United States Federal Government is on an unsustainable fiscal path.

What we're not supposed to know is that all of it is by design. The financial system must be brought down to make way for the new digital system. Sadly war with loss of life, factors into the plan.
 
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MickHewitt

Well-known member
The U.S. Government is thinking of bailing out the Ukrainian economy along with giving money to the wars, while the U.S, economy is driven into the dirt. DUH1.
Madness isn't it bailing out with a currency which left the gold standard over fifty years back in favour of faith in the hegemony of U.S.A. Meanwhile China is dumping U.S treasuries and buying gold. The bitterness of London because of 1776 knows no bounds. No doubt London's manipulation of the dollar has procured a weapon that can bring down fire in the sight of mankind? In order to resurrect it from upcoming decapitation.
 

MickHewitt

Well-known member
Madness isn't it bailing out with a currency which left the gold standard over fifty years back in favour of faith in the hegemony of U.S.A. Meanwhile China is dumping U.S treasuries and buying gold. The bitterness of London because of 1776 knows no bounds. No doubt London's manipulation of the dollar has procured a weapon that can bring down fire in the sight of mankind? In order to resurrect it from upcoming decapitation.
Matt Ehret quoting Putin's speech talking of the fith column in Russia seducing individuals to the sign of belonging to a higher caste a higher race; such people are ready to sell thier own mothers to sit in the hallway of this highest caste. What they don't realise is that if they are needed then they are only needed untill expendable. With all the noise on western media of murderous Putin killing Nvalney. Does it not more point the finger of blame at Nvalney's handlers? 16min in
The way Nvalney's wife has shown such quick readiness to take his place could be that she was instrumental in his death. Yet who knows? Putin after saying such remarks could have had him killed if only to justify his statement? 20 min in....Look how the man Putin deals with oligarchical scum! No wonder the crown is in so much fear of him!
 
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MickHewitt

Well-known member
Matt Ehret quoting Putin's speech talking of the fith column in Russia seducing individuals to the sign of belonging to a higher caste a higher race; such people are ready to sell thier own mothers to sit in the hallway of this highest caste. What they don't realise is that if they are needed then they are only needed untill expendable. With all the noise on western media of murderous Putin killing Nvalney. Does it not more point the finger of blame at Nvalney's handlers? 16min in
The way Nvalney's wife has shown such quick readiness to take his place could be that she was instrumental in his death. Yet who knows? Putin after saying such remarks could have had him killed if only to justify his statement? 20 min in....Look how the man Putin deals with oligarchical scum! No wonder the crown is in so much fear of him!
Could the servant of Jehovah in Jer25:9 be not only Putin but Xi also? I will gather together all the armies of the north under King Nebuchadnezzar of Babylon, whom I have appointed as my deputy. I will bring them all against this land and its people and against the surrounding nations. I will completely destroy you and make you an object of horror and contempt and a ruin forever." New Living Translation vs8 "Because you would not obey my words"
 
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