The Planned Collapse Of The Economy Has Begun

in #bitcoin7 years ago

I just recently went on top independent radio show in Europe, The Richie Allen Show, to discuss the current state of financial markets including the volatility we have been seeing within the cryptocurrency and stock markets. We also had a chance to touch upon the globalist infiltration into Bitcoin.

I mentioned how strange it was that we saw the Dow Fall 666 Points on 33rd Day of the Year which was followed by several other corrections. And how the US has more than doubled its national debt in the last decade since the financial crisis in 2008 racking up, officially, more than $20 trillion in debt (even though the real number is much higher than that).

After all, we are now in 2018, the year the 1988 economist magazine, controlled by the Rothschilds, told us we should be ready for a new world currency.

And now that supposed small-government, selected president, Donald Trump is in office and very marginally lowering taxes for US tax slaves, he is running up even larger deficits and continuing to devalue the dollar via the hidden tax of inflation which most people never notice because it takes a while for retail prices to catch up to expansion of the money supply, especially because much of the money created is immediately injected into propping up the stock market.

To hear all about these topics in addition to our broader discussion regarding secessionist movements, geopolitical strategy, insider trading and creating systems to make government obsolete; check out the full interview between Richie and I by clicking the link below:

There is a lot going on right now in the financial, monetary and political spheres and The Dollar Vigilante Summit, coming up on February 19th, is a perfect time for a lot of the top thinkers in the space to give their take on what is going on and how to prepare for the rest of 2018.

Anarchapulco, from February 15-18th, is sold out at 1,500, but many people are still coming down to attend many of the workshops and events which will be before, during and after the event and are able to still watch the entire conference via LiveStream HERE.

And there is still space at The Dollar Vigilante Summit if you wish to attend that too. You can find out more HERE.

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I agree that this view is very extreme, the truth probably lies somewhere between this and what you hear on CNN @berniesanders.

But hasn't the planned collapse begun already? I know this time it is different

It's merely speculation. You have made quite a few predictions of the dollar\economy collapsing in the past and none of your predictions panned out. You have linked your past predictions to numerology and silly things such as the Shemittah. I do agree with you that one day the US dollar\economy will collapse. However I believe that day is not coming as soon as you think.

The planned collapse of the US economy has been starting for the last 18 years ever since the year 2000 when a giant dragon was going to eat the sun. Then again, it was also supposed to happen after the Mayan calendar ran out of steam.

I believe a collapse is coming, I don't believe it's planned and I do believe it will be precipitated by events no one saw coming,

This has been coming for decades. So from what I can see crypto is the transition into the non-physical money system. Any hedges against being sucked into the machine or are we forced to go in? Crypto or starve I guess.🤷🏻‍♂️

I admire people who try to learn more about crypto currencies and the blockchain technology. They love bitcoin not because of promises of quick money but they understand how it works and they know how it can change the world. It's a very interesting discussion. Please watch the whole video!😀

yes exaclty!
Some people think: it is escaping taxes, doing any criminal activity etc. But this is actually jumping on the "Noah's boat" to save ourselves.

Has anybody considered the possibility that it's the banks that built the boats before they caused it to start raining? Just saying that solutions usually appear before problems manifest. Coincidence?

Maybe Satoshi Nakamoto is Barrack Obama:o
But seriously, if Bitcoin was made by banks or some government, that would be quite the plot twist. Then they either they played themselves (at least short term) or maybe they created a seemingly anonymous system which they could use to get surveilance of illegal money transfers:o. Regardless, I'm kind of surprised that banks don't buy up massive amounts of crypto just in case. Or maybe they do...

I don't think they really care if the currency collapses or not, this plan has been going on for hundreds if not thousands of years. They already own and control most of the world's resources...just my thoughts

You keep using this word (worst case scenario).

I do not think it means what you think it means.

Exactly!
To draw your comparison even further: Noah has a couple of boats. He has one Litecoin-boat, one Bitcoin-boat, a Dash-boat and so on. You have to buy a ticket to get aboard, and you can even buy multiple tickets to bring more of your possessions on this boat and then the price of the tickets get higher and higher and more and more people want to go on the boat. And more and more people who have not yet bought a ticket, are starting to realize that the its raining, and maybe that it's raining a bit too much, but they don't like Noah's boats, so they try to make dollar boats, but in this comparison, the rain represents the dollar, so they are trying to make boats out of water. Also, sometimes Noahs boats get over-hyped in the media, so many people bring too many possessions on the boats and then the boats roll over every now and then and a lot of people fall in the ocean, but the boat is still floating.

your description of crypto currency is perfect .......... it may be our salvation when government currencies collapse ....how much more debt we can sell? we are close to a boiling point

i try to enlighten people about our artificial world through the distraction we call sport

Yes, it makes me feel much safer than the US economy right now!

Yes the more research you do and follow the market
You will find out the real value

So true. I am selling off stocks now to fund crypto purchases. I'm certain the few cryptos that survive this massive speculative wave will change the world, and I can't wait to be part of that.

There is just not enough crying yet. Lots of room for panic still.

Yea, I hear you. I expect many panics in the years ahead. I'm just trying to get into the market ahead of the institutional money. You should too. Once investment companies and trust funds move into this space, you can bet prices will zoom. Not necessarily in a good way, but maybe. I'd rather have some skin in the game now, where these things are overvalued and cheap, than later, when these things are overvalued and expensive. At least if I'm invested now, the tech can catch up to the hype. And then, hopefully in a few years when the winners and losers get shaken out, I'll be holding some winners.

I guess it's true what they say, that technology is always overestimated short term and underestimated long term.

I hear You! Salute

I concur!! Crypto will change life as we know it...much like in ancient times when we exchanged rocks for fish, or animal hides for logs! physical money really has caused so much destruction and misery compared to the way we once lived prior to this.
Have you ever asked yourself or others? what is the purpose of money? Money is merely a tool of exchange for goods or services. This can’t exist unless there are goods/food/clothing and essentials produced, and people being able to produce them.

I now have BRAINFREEZE thinking about this!
brain.jpg

I guess it's very simple...money is a material object of the principle that, we as humans who wish to deal with one another, have to deal by trade, and give value for values sake?

Darren

With crypto you have your own sovereignty and have to take responsibility for your own finances, I don't care about the dollar value as I doubt the dollar will be around in 20 years

If the US government still exists in 20 years -- and I'm betting it will -- the dollar will be around, too. It may be worth much, or it may still be the most valuable currency in the world, but it will still be here. Cryptos won't replace fiat, they'll be an alternative to fiat. I expect in 20 years, you'll have a choice of whether to buy in fiat or crypto, with some cryptos having special functions. E.g., you can pay in LTC or USD, or pay in BTC or Yen. When you buy a house, you can pay in fiat through traditional settlement company or use some real estate token with smart contract.

In other words, you'll get to choose what currency you use.

yes, platforms like Stellar are trying to make that possible !

I could definitely see this as a future reality. It wouldn't surprise me if the choice of paying with crypto or fiat will be as natural as paying with cash or card today.

Lots of volatility in 2018...and it’s only just begun

33rd day a drop of 666 is all we need to know it was planned!
The Economist cover from 1998 is a debated topic though. Some say the original did not have 2018 written on it. I couldn't find the original, but just the image shared on social media (which started being shared in 2013).
Anyway brilliant analysis as always. What do you think of the situation in Italy which is overburen with debt and with an election in a few weeks? they are staging all sorts of psyop hoaxes there at the moment to rig the vote. I covered the last one:
https://steemit.com/conspiracy/@lavater/luca-traini-macerata-nazi-terror-shooting-hoax-genesis-322-orange-and-brotherhood-of-light-order-of-malta-and-scottish-pants

As many of us know, all subjects that are related to the Elite are driven by Khabala, is not a coincidence to have such number. Nothing is a coincidence nowadays, even less right now when algorithms and bots are rulers of the stock exchanges.
Many have raised their voice that also cryptos will be in the future the end of privacy; therefore one could say of personal freedom. What an exciting topic to discuss in depth. Transparency is excellent, but what if only the Elite knows how to hide their footprints in the Blockchain while the "tax slaves" keep paying their taxes, with no foreseeable way to cut their share?

@berniesanders @rewardpoolrape can you tell me why do you flag this reply for 1 f* STU? Are you kidding me? I see you Bernie upvoting yourself and friend for hundreds of dolars and you downvote me for pennies! Like really? Haha unbelievable guys. Go for the whales of Haejiin and leave me alone.

The bots have taken over the stock exchange. No one can even explain the drop in the media.

I am with you, I work in Finance over here in Switzerland and many professional asset managers are quite shocked. They believe a Whale triggered a serious of algo-bots. Who knows? Please also check my blog for some insights (last post). Cheers!

I think they were just overextended, this was one hell of a bull run for stocks. Trump has certainly helped that with his deregulatory agenda. I think they were due a correction, but how much deeper this goes will be interesting to see!

Salute

Very true!