SusanB
Well-known member
Here is the link to the full chapter for reading and for audio: https://jehovah-is-king.com/tempest/
Even in the news of the world, people without any religious inclination are sounding the alarm that the financial system is very fragile. The US debt clock shows the US debt at nearly $32 Trillion. That cannot possibly be sustained in this country and we are the most prosperous country. This morning I saw a news article stating that real estate prices in large US cities are likely to return to the pricing of 2008 when we had the cascading crash of the stock market. Now that most people don’t have farms to fall back on, it won’t take long for people to get desperate. Here are 2 paragraphs from Chapter 7 of Robert King’s book:
“But collapse, it seems, is inevitable. That is because it is a physical impossibility that the trillions upon trillions of dollars of debt and fictitious financial claims called derivatives can ever be satisfied. The present global financial system is usurious, non- productive, speculative and predatory by design. The gargantuan, must-expand-or- implode credit bubble, is rapidly reaching the end of its ability to extract any more blood from its depleted host. What is likely to happen then?
Simply put, the stage is set for an unimaginable catastrophe; namely, the collapse of the U.S. Dollar-based financial system. And because globalization has developed to the extent that it has, with the U.S. Dollar functioning as the world’s reserve currency, no nation can insulate itself from the calamity that will engulf the Anglo-American system.”
Even in the news of the world, people without any religious inclination are sounding the alarm that the financial system is very fragile. The US debt clock shows the US debt at nearly $32 Trillion. That cannot possibly be sustained in this country and we are the most prosperous country. This morning I saw a news article stating that real estate prices in large US cities are likely to return to the pricing of 2008 when we had the cascading crash of the stock market. Now that most people don’t have farms to fall back on, it won’t take long for people to get desperate. Here are 2 paragraphs from Chapter 7 of Robert King’s book:
“But collapse, it seems, is inevitable. That is because it is a physical impossibility that the trillions upon trillions of dollars of debt and fictitious financial claims called derivatives can ever be satisfied. The present global financial system is usurious, non- productive, speculative and predatory by design. The gargantuan, must-expand-or- implode credit bubble, is rapidly reaching the end of its ability to extract any more blood from its depleted host. What is likely to happen then?
Simply put, the stage is set for an unimaginable catastrophe; namely, the collapse of the U.S. Dollar-based financial system. And because globalization has developed to the extent that it has, with the U.S. Dollar functioning as the world’s reserve currency, no nation can insulate itself from the calamity that will engulf the Anglo-American system.”
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