Global Financial Impact.
By Gregory Mannarino TradersChoice.net
Lions and friends…
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Today we stand peering into a global financial and economic abyss the likes of which has never been seen before in human history. We are all stealthily being pushed ever closer to an inevitable economic and financial meltdown on a worldwide scale by those who control everything.
Be not mistaken my friend, this push is deliberate and being done with a clear purpose.
What is this purpose? Ah yes! To continue to facilitate the greatest transfer of wealth the world has ever seen! The grandest of all thieveries which is being done in plain sight yet, so few even realize it is happening. The vast scope of this fast-approaching inevitable event and its ramifications for the human race is truly staggering. Simultaneously and globally, we are witnessing the death of the debt based economic model built around a fiat or fake monetary system. A system that has caused the peoples of the world to believe that numbers printed on pieces of paper represent real money and hold actual value. In truth this is nothing more than a false impression which has been propagated by governments and run by central bankers. In actuality, the value of these papers with numbers printed on them is nothing more than grand illusions which right now as you are reading this paragraph is fading with ever increasing speed. The end of this system which is based upon the continual and relentless accumulation of debt on a global scale began at its inception.
The gross over-leveraging by governments and financial institutions has virtually assured an uncontrolled collapse of the entire monetary system. It is not a question of if, but simply when. What is continuing to be done by the governments of the world in a futile attempt to keep this debt acquisition in perpetuity scheme going is this: even more debt is being added at incredible rates. The central banks of the world have now become lenders of last resort. Understand: if nations cannot sell their bonds and thus accumulate even more debt the whole system collapses overnight. All modern economies are solely based upon the acquisition of debt into infinity, and as such are destined to fail. Once no more debt can be acquired by a nation’s government a “debt crisis” ensues. The issue is not so much debt; it is an issue of solvency, or the inability to pay back the monies borrowed by the governments of the world. Modern governments of the world who each now rely on this system, a debt based economic model, are all entirely bankrupt and have absolutely no ability to repay the staggering amounts of debt they have accumulated. Currently no nation on Earth is in a worse state of affairs with regard to this debt issue than that of the United States. Furthermore, the currency globally is simply this: unbacked liabilities being distributed by bankrupt governments as a product of the world's central banks. The fact that people simply accept that this paper has real value is the sole reason why they are willing to work for it.
The adaptation of a debt based economic model promises one thing, at the point when no more debt can be added a crisis will occur, this is a mathematical certainty, and we are all at that point right now. These are truly historic times we are living through, so open your eyes and take a good look around because the world which you have come to know is going through a metamorphosis, one which is going to affect every human being on the planet.
America’s run as the number one global economic engine is ending abruptly. The United States was once the richest nation on the globe and has now become the world’s biggest debtor nation, the consequences of this are soon to be revealed with far reaching and devastating global financial/economic impacts.
Remember this…
“Societies are based upon perception and deception, and it is these two principles which are the driving forces propelling the peoples of nations by their leaders.”
Gregory Mannarino
For those who govern societies there are three main principles which have proven themselves to be true, and these are ineptitude, greed, and corruption. The perception of the people is contorted into their reality specifically by those who govern, and this system has again proven to be the destroyer of nations. Governments of the world have in collusion with central bankers and corporate insiders created a system in which war is being waged against citizens to strip them (us) of our wealth. In fact, a redistribution of that said wealth on an unimaginable scale.
The creation of “currency from nothing” has become the basis of this Grand Illusion and has allowed global debt based economic models to emerge worldwide. This framework has created a debt based economic model based on a “fiat” or “fake” monetary system, and this has now become the standard for the “civilized” world. This system is not just a Grand Illusion, but Grand Theft on an almost inconceivable scope. In fact, it is on a scale so great that to put this into perspective think about this: the richest 1% of the people in the United States hold half the country’s wealth. What must be understood is the Central Banks of the world which includes the Federal Reserve, are not government entities, they are privately owned and they operate for profit despite their claims to the contrary.
The world's central banks who are responsible for global monetary policy are privately owned for profit institutions period. So, tell me, whose interests do they support? The public or that of their shareholders/owners?
Isn’t it against the constitution to create a CBDC? Isn’t it against the constitution to create money not backed by Gold or Silver?
Remember this quote? "Give me the media and I will turn any nation into a herd of pigs." This is why the sheople just go about their daily lives swallowing of the MSM trash.
OINK, OINK....'murica.