It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. In the years since the derivatives disaster, there has been no end to the absurd and ludicrous propaganda coming out of mainstream financial outlets and as the situation in markets becomes worse, the propaganda will only increase. This might seem counter-intuitive to many. You would think that the more obvious the economic collapse becomes, the more alternative analysts will be vindicated and the more awake and aware the average person will be. Not necessarily...
In fact, the mainstream spin machine is going into high speed the more negative data is exposed and absorbed into the markets. If you know your history, then you know that this is a common tactic by the establishment elite to string the public along with false hopes so that they do not prepare or take alternative measures while the system crumbles around their ears. At the onset of the Great Depression the same strategies were used. Consider if you've heard similar quotes to these in the mainstream news over the past couple months:
John Maynard Keynes in 1927: “We will not have any more crashes in our time.”
H.H. Simmons, president of the New York Stock Exchange, Jan. 12, 1928: “I cannot help but raise a dissenting voice to statements that we are living in a fool’s paradise, and that prosperity in this country must necessarily diminish and recede in the near future.”
Irving Fisher, leading U.S. economist, The New York Times, Sept. 5, 1929: “There may be a recession in stock prices, but not anything in the nature of a crash.” And on 17, 1929: “Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.”
W. McNeel, market analyst, as quoted in the New York Herald Tribune, Oct. 30, 1929: “This is the time to buy stocks. This is the time to recall the words of the late J. P. Morgan… that any man who is bearish on America will go broke. Within a few days there is likely to be a bear panic rather than a bull panic. Many of the low prices as a result of this hysterical selling are not likely to be reached again in many years.”
Harvard Economic Society, Nov. 10, 1929: “… a serious depression seems improbable; [we expect] recovery of business next spring, with further improvement in the fall.”
Here is the issue – as I have ALWAYS said, economic collapse is not a singular event, it is a process. The global economy has been in the process of collapse since 2008 and it never left that path. Those who were ignorant took government statistics at face value and the manipulated bull market as legitimate and refused to acknowledge the fundamentals. Now, with markets recently suffering one of the greatest freefalls since the 2008/2009 crash, they are witnessing the folly of their assumptions, but that does not mean they will accept them or apologize for them outright. If there is one lesson I have learned well during my time in the Liberty Movement, it is to never underestimate the power of normalcy bias.
There were plenty of “up days” in the markets during the Great Depression, and this kept the false dream of a quick recovery alive for a large percentage of the American population for many years. Expect numerous “stunning stock reversals” as the collapse of our era progresses, but always remember that it is the overall TREND that matters far more than any one positive or negative trading day (unless you open down 1000 points as we did on Monday), and even more important than the trends are the economic fundamentals.
The establishment has made every effort to hide the fundamentals from the public through far reaching misrepresentations of economic stats. However, the days of effective disinformation in terms of the financial system are coming to an end. As investors and the general public begin to absorb the reality that the global economy is indeed witnessing a vast crisis scenario and acknowledges real numbers over fraudulent numbers, the only recourse of central bankers and the governments they control is to convince the public that the crisis they are witnessing is not really a crisis. That is to say, the establishment will attempt to marginalize the collapse signals they can no longer hide as if such signals are of “minimal” importance.
Just as occurred during the onset of the Great Depression, the lies will be legion the closer we come to zero hour. Here are some of the lies you will likely hear as the collapse accelerates...
The Crisis Was Caused By Chinese Contagion
The hypocrisy inherent in this lie is truly astounding, to say the least, considering it is now being uttered by the same mainstream dirtbags who only months ago were claiming that China's financial turmoil and stock market upset were inconsequential and would have “little to no effect” on Western markets.
I specifically recall these hilarious quotes from Barbara Rockefeller in July:
“Something else that doesn’t matter much is the Chinese equity meltdown—again. China may be big and powerful, but it lacks a retail base and fund managers experienced in price variations, never mind a true rout...”
“Doom-and-gloom types have been saying for a long time that we will get a stock market rout when the Fed finally does move to raise rates. But as we wrote last week, history doesn’t bear out the thesis, not that you can really count on history when the sample size is one or two data points...”
Yes, that is a bit embarrassing. One or two data points? There have been many central bank interventions in history. When has ANY central bank or any government ever used stimulus to manipulate markets through fiat infusion and zero interest fueled stock buybacks or given government the ability to monetize its own debt, and actually been successful in the endeavor? When has addicting markets to stimulus like a heroin dealer ever led to “recovery”? When has this kind of behavior ever NOT created massive fiscal bubbles, a steady degradation of the host society, or outright calamity?
Suddenly, according to the MSM, China's economy does affect us. Not only that, but China is to blame for all the ills of the globally interdependent economic structure. And, the mere mention that the Fed might delay the end of near zero interest rates in September by a Federal Reserve stooge recently sent markets up 600 points after a week-long bloodbath; meaning, the potential for any interest rate increase no mater how small also has wider implications for markets.
The truth is, the crash in global stocks which will undoubtedly continue over the next several months despite any delays on ZIRP by the Fed is a product of universal decay in fiscal infrastructure. Nearly every single nation on this planet, every sovereign economy, has allowed central and international banks to poison every aspect of their respective systems with debt and manipulation. This is not a “contagion” problem, it is a systemic problem to every economy across the world.
China's crash matters not because it is causing all other economies to crash. It matters because China is the largest importer/exporter in the world and it is a litmus test for the financial health of every other country. If China is failing, it means we are not consuming, and if we are not consuming, then we must be broke. China's crash portends our own far worse economic conditions. THAT is why western markets have been crumbling along with China's despite the assumptions of the mainstream.
China's Rate Cuts Will Stop The Crash
No they won't. China has cut rates five times since last November and this has done nothing to stem the tide of their market collapse. I'm not sure why anyone would think that a new rate cut would accomplish anything besides perhaps a brief respite from the continuing avalanche.
It's Not A Crash, It's Just The End Of A “Market Cycle”
This is the most ignorant non-explanation I think I have ever heard. There is no such thing as a “market cycle” when your markets are supported partially or fully by fiat manipulation. Our market is in no way a free market, thus, it cannot behave like a free market, and thus, it is a stunted market with no identifiable cycles.
Swings in markets of up to 5%-6% to the downside or upside (sometimes both in a single day) are not part of a normal cycle. They are a sign of cancerous volatility that comes from an economy on the brink of disaster.
The last few years have been seemingly endless market bliss in which any idiot day trader could not go wrong as long as he “bought the dip” while Fed monetary intervention stayed the course. This is also not normal, even in the so-called “new normal”. Yes, the current equities turmoil is an inevitable result of manipulated markets, false statistics, and misplaced hopes, but it is indeed a tangible crash in the making. It is in no way an example of a predictable and non-threatening “market cycle”, and the fact that mainstream talking heads and the people who parrot them had absolutely no clue it was coming is only further evidence of this.
The Fed Will Never Raise Rates
Don't count on it. Public statements by globalist entities like the IMF on China, for example, have argued that their current crisis is merely part of the “new normal”; a future in which stagnant growth and reduced living standards is the way things are supposed to be. I expect the Fed will use the same exact argument to support the end of zero interest rates in the U.S., claiming that the decline of American wealth and living standards is a natural part of the new economic world order we are entering.
That's right, mark my words, one day soon the Fed, the IMF, the BIS and others will attempt to convince the American people that the erosion of the economy and the loss of world reserve status is actually a “good thing”. They will claim that a strong dollar is the cause of all our economic pain and that a loss in value is necessary. In the meantime they will, of course, downplay the tragedies that will result as the shift toward dollar devaluation smashes down on the heads of the populace.
A rate hike may not occur in September. In fact, as I predicted in my last article, the Fed is already hinting at a delay in order to boost markets, or at least slow down the current carnage to a more manageable level. But, they WILL raise rates in the near term, likely before the end of this year after a few high tension meetings in which the financial world will sit anxiously waiting for the word on high. Why would they raise rates? Some people just don't seem to grasp the fact that the job of the Federal Reserve is to destroy the American economic system, not protect it. Once you understand this dynamic then everything the central bank does makes perfect sense.
A rate increase will occur exactly because that is what is needed to further destabilize U.S. market psychology to make way for the “great economic reset” that the IMF and Christine Lagarde are so fond of promoting. Beyond this, many people seem to be forgetting that ZIRP is still operating, yet, volatility is trending negative anyway. Remember when everyone was ready to put on their 'Dow 20,000' hat, certain in the omnipotence of central bank stimulus and QE infinity? Yeah...clearly that was a pipe dream.
ZIRP has run it's course. It is no longer feeding the markets as it once did and the fundamentals are too obvious to deny.
The globalists at the Bank for International Settlements in spring openly deemed the existence of low interest rate policies a potential trigger for crisis. Their statements correlate with the BIS tendency to “predict” terrible market events they helped to create while at the same time misrepresenting the reasons behind them.
The point is, ZIRP has done the job it was meant to do. There is no longer any reason for the Fed to leave it in place.
Get Ready For QE4
Again, don't count on it. Or at the very least, don't expect renewed QE to have any lasting effect on the market if it is initiated.
There is truly no point to the launch of a fourth QE program, but do expect that the Fed will plant the possibility in the media every once in a while to mislead investors. First, the Fed knows that it would be an open admission that the last three QE's were an utter failure, and while their job is to dismantle the U.S. economy, I don't think they are looking to take immediate blame for the whole mess. QE4 would be as much a disaster as the ECB's last stimulus program was in Europe, not to mention the past several stimulus actions by the PBOC in China. I'll say it one more time – fiat stimulus has a shelf life, and that shelf life is over for the entire globe. The days of artificially supported markets are nearly done and they are never coming back again.
I see little advantage for the Fed to bring QE4 into the picture. If the goal is to derail the dollar, that action is already well underway as the IMF carefully sets the stage for the Yuan to enter the SDR global currency basket next year, threatening the dollar's world reserve status. China also continues to dump hundreds of billions in U.S. treasuries inevitably leading to a rush to a dump of treasuries by other nations. The dollar is a dead currency walking, and the Fed won't even have to print Weimar Germany-style in order to kill it.
It's Not As Bad As It Seems
Yes, it is exactly as bad as it seems if not worse. When the Dow can open 1000 points down on a Monday and China can lose all of its gains for 2015 in the span of a few weeks despite institutionalized stimulus measures lasting years, then something is very wrong. This is not a “hiccup”. This is not a correction which has already hit bottom. This is only the beginning of the end.
Stocks are not a predictive indicator. They do not follow positive or negative fundamentals. Stocks do not crash before or during the development of an ailing economy. Stocks crash after the economy has already gone comatose. Stocks crash when the system is no longer salvageable. Since 2008, nothing in the global financial structure has been salvaged and now the central banking edifice is either unable or unwilling (I believe both) to supply the tools to allow us even to pretend that it can be salvaged. We're going to feel the hurt now, all while the establishment tells us the whole thing is in our heads.
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written by Rifleman , August 27, 2015
There is still another option. That option is what we have had all along: continue selling that the economy can recover, and it will, while ignoring the devastation of each sudden fall and the overall gradual fall of the economy.
The most obvious result of this gradually failing economy is the erosion of the middle class and the drop in standard of living of the average American.
If the elites can continue the above deception (by hiding those that fall out of the economy and never re-enter successfully), the rest of the players in the economy can continue to live in a false reality: "I have job, I have a house, and a car. Everything looks ok with me and the small circle of friends around me."
The option of kicking the can down the road is the default option expressed in the book "1984" by George Orwell.
America is slipping very, very, slowly through a controlled "1984" style descent (highly manipulated) from first world status to third world status while most Americans remain blind to the fall.
written by WarriorClass III , August 27, 2015
Another spot-on analysis by Brandon Smith. I've been following you for a couple years now and am always amazed at your clarity of thought and penetrating insight, especially for someone as young as you. You must have some very special parents and the extra special blessings of our Creator. You should be thanking Him and praising Him every minute of every day. It took most of us many years to finally look around and then start to try and understand what's going on in this world. Looking back, it was all in the Scriptures, but I didn't really understand it at the time. Satan is truly the god of this world, and we the people somehow forgot that and let our government get totally out of hand. I pray He forgive us and strengthen our resolve in Him, and living His righteousness in Truth and in Spirit. You are a shining example to the rest of the youth in this country, Brandon, as well as to us older folk. Thank you for all you do!
written by justanobserver , August 27, 2015
Brandon,
As a great deal of what has made America an empire worthy of derision is the reserve status of the dollar, its ending (while certainly likely to be the sternest test the American people have had in their face for 150 years) is something desparately needed.
If you believe in the concept of free markets there is no defense for reserve status and its end, no matter what tribulation it brings upon America needs to happen.
I could be long-winded but I will leave at when we rue the day our rueage will be great.
written by Brandon Smith , August 27, 2015
@observer
I don't believe in fiat currencies, let alone reserve status currencies. That said, the issue is not the dollar, but the people who will be hurt and the lives that could be lost as the dollar collapses. I do not promote our reserve status, but I do very much care about the disaster that will take place after we lose reserve status and the fact that too many people ignore this reality while thinking only of the "theoretical" and the ideological.
Also, the death of the dollar only HELPS the elites in the long run, as it makes way for the introduction of a final and singular global currency mechanism and authority. The dollar's fall will be used to further enslave the world. The slavery of fiat will never end until the international bankers are put in the ground.
written by Tactical Zen , August 27, 2015
I agree the loss of reserve currency status is an important tipping point leading to a real, structural reset. It will be chaotic and painful but is better than a complete currency collapse with associated violence and bloodshed.
Recall that is the lesson of history in Germany. Reparations following WWI led to hyperinflation in the mark and currency collapse then the rise of Hitler.
We might get lucky with only a debt default but a remaining if highly devalued currency. But, if allowed to drag out longer, it will simply be a tougher reset. Howe's "The Fourth Turning" appears spot on. Now, who wants to speculate on the "complete war" component of those predictions? If truly accurate we might have a population reduction of 90% and much of the worry becomes mute. That scenario leads to a repeat of Europe following the Black Plague. Only takes a few centuries to bounce back.
written by Brandon Smith , August 27, 2015
@tactical zen
I believe violence and bloodshed are an inevitability during any devaluation of the dollar through loss of reserve status. Our currency may still exist when all is said and done, but entering into third world living standards will cause severe crisis and chaos for the U.S.
written by new guy , August 27, 2015
It should be obvious to anyone who has been awake for the last 20 years:
1999-2000: Clintons/Dems leave office, just in time for the popping of the "Tech" bubble.
2007-2008: Bush/Reps leave offiice, just in time for the popping of the "sub-prime" bubble
2015-2016: Obama/Dems leave office, just in time for the popping of the "china " bubble.
Does anybody else see the pattern?
do anybody believe these events are a mere coincident?
These are all planned events, what I would call "shearing" or "clipping" of retail investors, as the true owners of the western world take advantage of the changing of the guard.
I would expect this cycle to continue, along with a lot of "kicking the can" type policy, until we see the world ignite into another global conflict.
Plan for it, because all it will take is a few small events that cascade into larger events, this is the nature of a global system.
written by Rodster , August 27, 2015
While it's preaching to the choir it reinforces the thought that TPTB will try and play the Sheeple to think everything is alright and under control.
The money, financial, banking and economic systems are all cancerous and are destined to meet their death. My concerns which Brandon mentioned is the loss of life at the hands of the Banksters when this all falls apart. With the promise that their NEXT idea won't fail.
Banksters are driven by money, greed, power and CONTROL. It's why they love to sell, endorse and support Wars. Like when Christine LeGarde told the Ukraine Govt to kill any and all opposition or they wouldn't get any bailout money. Gotta love Banksters, they have a soft heart.
Only a few see the Big Picture and that's total control of the Money System and Government in a one stop shopping scenario which is why this is all headed towards a global currency with global governance. It's been in the works for a long, long time. You see NATO stretching it's legs and you see the EU doing the same with it's unified currency.
Interesting times, indeed !
written by hustanobserver , August 27, 2015
Brandon,
I do not disagree that loses will be significant, however those losses might be defined.
The daily insanity we are bombarded with from the senseless actions of individuals killing reporters in Virginia to Legislators deciding to arm drones (North Dakota, seriously?) leaves one thinking the future could be bleak.
The best I think any individual can do is to be prepared and be there for those we love.
written by andysloan , August 27, 2015
Firstly, as to the Chinese situation, we have Mr Anatoliy Golitsyn to thank;
"Another major event to occur under the ‘Long-Range Policy’ involves China. Watch for the Chinese Communist government to ‘collapse’ due to a manufactured economic crisis in several years (circa 2015)."
This prediction comes from Golitsyn’s second book published in 1995, The Perestroika Deception. In it Golitsyn says about China on page 166:
"A campaign for a new system of World Government will be launched at Summit level and will be accompanied by pressure from below, the active use of agents of influence and secret assassinations of leaders who are seen as obstacles. The Chinese will by then have adopted a ‘reformed’, pseudo-democratic system."
So, according to Golitsyn, the new democratic government to arise in China will be controlled by the Communists from behind the scenes.
Source; https://archive.org/details/GolitsynAnatoleTheNewLiesForOldOnes
Mr Golitsyn also wrote;
"They [the Soviets] intend...to induce the Americans to adopt their own 'restructuring' and convergence of the Soviet and American systems using to this end the fear of nuclear conflict.... Convergence will be accompanied by blood baths and political re-education camps in Western Europe and the United States. The Soviet strategists are counting on an economic depression in the United States and intend to introduce their reformed model of socialism with a human face as an alternative to the American system during the depression. The Cold War may be 'over' for the West. For the Soviets it has entered a new, active and promising phase."
And the Western system has been prepped for convergence with the East for some decades, as Mr Norman Dodd testified.
"All of us here at the policy making level of the (Ford) foundation have at one time or another served in the OSS [the Office of Strategic Services, the forerunner of the CIA] or the European Economic Administration, operating under directives from the White House. We operate under those same directives...The substance of the directives under which we operate is that we shall use our grant making power to so alter life in the United States that we can be comfortably merged with the Soviet Union." Rowan Gaiter to Norman Dodd 1953
See; http://www.newswithviews.com/iserbyt/iserbyt9.htm
The substantive modification to the Russian plan above, is that convergence won't finally occur through "fear of nuclear conflict", but there will be an actually (pre-designed) nuclear WW3, which the Elite obviously judge necessary to crush any spirit of resistance to the NWO in the West. (The Eastern peoples have not had a mature culture of freedom, so as to present a problem and they will be all the more malleable in the hubris of their apparent victory over the West).
For those wise with spiritual sight, we can see that Satan's plan is to invade the West and destroy the Catholic Masses said there, which are greater per person than elsewhere in the world. For the daily masses in the world are the world's life, prosperity and peace and the ONLY bulwark against evil. As St Padre Pio stated "It would be easier for the earth to exist without than sun, than without the Sacrifice of the Mass."
Hence also, the antichrist, who will turn up amidst the conflict to "make peace" will prohibit Holy Mass.
Daniel 12:11
"And from the time when THE CONTINUAL SACRIFICE shall be taken away, and the abomination unto desolation shall be set up, there shall be a thousand two hundred ninety days,"
The "New World Order" is in fact a euphemism for satanic world empire the displacement of the Holy Roman (Catholic) Empire.
See; http://www.threeworldwars.com/albert-pike2.htm
Get to confession and Mass everyone and start praying the rosary everyday. There is very little time left!
http://www.ourladyswarriors.org/prayer/15promise.htm
written by Cecil the Lion , August 27, 2015
Is the house of cards ready to crash? They played it up to that point and there is NO turning back now!!
Woe to US, woe to the world.
written by Ncsouth , August 28, 2015
I've read hundreds of books and listen to tons of experts: this is by far the most intelligent piece I've read. I don't read many economists speak about normalcy biases. You've earned a reader for sure.
written by Hiknefer , August 28, 2015
I always appreciate your articles. Thank you very much!
written by Blue1 , August 28, 2015
But I do not understand why it is the Fed's intent to destroy the American Economic system?
written by Brandon Smith , August 28, 2015
@Blue
Read my article series 'One Last Look At The Real Economy Before It Implodes', then read the book 'The Creature From Jekyll Island' by G Edward Griffin. Then perhaps you will understand.
written by Graybeard , August 29, 2015
It isn't The Fed's intent to destroy the economic system, it's there to enrich the banks and have it paid for via debt slavery. Fractional reserve banking in general is the culprit as it led gradually for many years, led to an over leveraged economic system.
Once Nixon took Bretton Woods out behind the barn and put it to rest, the USD became a full fiat currency backed by nothing and the rest of the world's major economic powers followed suit and that led to the dawn of the easy credit era that we have experienced for 35 years.
Economic cycles used to be marked by inflation followed by deflation which maintained some balance. We experienced a brief bout of deflation in 2009, which was the first time in around 60 years. Inflation existed at low levels until the Nixon Shock and after that, it's been nothing but 40 plus years of continuous, cumulative inflation.
This led to the era of false prosperity via borrowing, whether it was a mortgage, car loan or line of credit. Wages did not rise commensurate with inflation so borrowing and debt accumulation became the status quo, which is contrary to how I was raised in the 60s and 70s.
There was still some semblance of sanity in the 80s when you would still see banks advertise higher interest rates as an incentive to save. It went off the rails in the 90s when the easy credit era went into overdrive. Teenagers with no employment history with credit cards. House prices took off as interest rates were dropped to encourage borrowing. The banks these days don't offer incentives to save, they offer low rates to encourage borrowing/debt accumulation.
Over the last forty years, The Fed has manipulated interest rates, dropping them during downturns to encourage borrowing then gradually raising them once the economy is deemed to be recovered.
Now, The Fed is at a point of no return. When, not if, the next downturn hits, they have nowhere to drop rates because they've been engaged in zero interest rate policy for 7, 8 years now. ZIRP is unprecedented to begin with, alone for that length of time. The only bullet they have left in the chamber is QE.
I could go on and on but it's late. Do read The Creature From Jekyll Island as Brandon suggests. You can probably find a PDF online by searching for the title + PDF. You can also do a search for "The Aldrich Plan". If you do a Google image search for that, you'll likely find an old cartoon that was nothing if not prescient.
written by Brandon Smith , August 29, 2015
I agree with most of Graybeard's analysis except I would add that the Fed's actions are in fact deliberately destabilizing. The issue that escapes some people is the reality that the Fed is just a branch bank of a larger mechanism of centralization, which is headed by the IMF, BIS, and various international financiers that haunt those institutions. Central banks are tools used to undermine sovereign currency systems and enslave nations with debt.
The goal of central bankers, fabian socialists, and most other globalists is to "harmonize" national financial structures until they ALL function at a level of second to third-world status, thus making way for a fully global single currency authority and world government authority. The Fed is no different in this regard.
Again, check into the articles and book I mentioned above, and for good measure look up CFR member Carroll Quigley and his startling admissions about central banking in the book 'Tragedy And Hope'.
written by DisappearingCulture , August 29, 2015
I like your writing style. How do I subscribe?
written by dlcamp , August 29, 2015
Revelation 17:
16 And the ten horns which thou sawest upon the beast, these shall hate the whore, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire.
I don't know who the ten horns are yet but the whore is definitely the USA. They are in the process of making her desolate and naked and eating her flesh until there is nothing left worth anything. Then, I suppose they will cause Mr. Putin to burn her with fire.
And then they will have their 4th beast gov't (aka NWO)
written by clive m , August 29, 2015
How to collapse global economy in 3 steps:
1. Tank the price of oil, sending the USD higher making $9 trillion in USD loans harder to pay back.
2. Devalue the CNY against the USD making those loans even harder to pay back from the currencies that will also have to devalue in response to China.
3. Raise Fed rates to .50%, doubling the cost of money.
written by Lactic Acid , August 29, 2015
Super article. However, is there no solution? We just grin and bear?
written by Brandon Smith , August 29, 2015
@Lactic
Yes, there are solutions. Google - Alt-Market solutions and you will find numerous articles from this website which describe them. Also, there is nothing stopping you from offering your own possible solutions as well.
written by Graybeard , August 30, 2015
There was a time when I couldn't decided whether or not politicians, central bankers, etc were just stupid, incompetent or evil. It is true that these days, they don't even try to hide it any longer.
I still think it's a combination of the three but it's pretty clear they know the end game is in sight and they are desperate to keep the party going at whatever cost, even as more peoples' eyes are being opened. Even some in the MSM are finally starting to expose and call some assertions into question which has been the exception rather than the rule the last twenty years or so.
I also think there are some that really believe what comes out of their mouths, which reinforces the case for stupidity or incompetence and there are others that are content to sit back and let this lower hanging political fruit be booted out of office as long as the central planning aspect is kept intact.
In this country, both parties are almost indistinguishable from one another, separated only by supposed social ideologies, which they have used to divide this country for over forty years. It's the ultimate example of good cop/bad cop.
@Lactic, at some point it will be every man for himself. The simplest answer is to pay off or get rid of any debt you are carrying and don't take on any more debt. Focus on life necessities rather than wants and make sure you keep your family safe. Cease participation in the fallacy that is the current economy.
Regardless, I am thankful for sites like alt-market that at least try to raise awareness of the sham that is being played out in plain sight. If only more people would take their political blinders off and realize it's the system that is broken.
written by rich winkel , August 30, 2015
The author is too kind. Here’s another scenario they’re likely considering: stage a fake attack on some critical financial computer system and blame it on the villan of choice (russia, china, ISIS, american bible-thumping gun hugging constitutionalists, take your pick). Ensure that this attack results in a total meltdown of the market. Viola! The .001% is let off the hook and a new war is born.
written by Brandon Smith , August 30, 2015
@rich
It's difficult to cover every possible scenario in a single article, but you can read my thoughts on the possibility of a false flag cyber attack here:
http://www.alt-market.com/articles/1124-only-global-banks-will-benefit-from-a-cyberattack-on-the-us
written by rich winkel , August 30, 2015
@ Brandon:
Pure poetry. Many thanks!!
Here's my contribution to the study of social control:
http://thoughtcrimeradio.net/2014/02/the-war-on-empathy-love-and-family/
written by Reynold's Wrap , August 31, 2015
China is being scapegoating and they'll expect the sheeple to swallow that narrative. We're being so setup. Every time there's a cyber attack, they blame the Chinese. The Fed talks of a quarter point rise in rates, the market tanks, blame China. It was some months ago the MSM was touting China as the #1 economy. How can this be?
I don't think it's tinfoil to think there's very powerful (Open Society - Soros) orchestrating the demise of the west.
It's fine to say they want the status quo, let's just say they can try to some variables, but they can't control all the variables. There are unintended consequences when destroying the middle east and causing mass migration to occur throughout the world. TPTB would be content to sit and watch the balkanization bring on destruction.
written by Leonardo Pisano , August 31, 2015
Yes, Brandon, I fear a global currency as much as you do. The IMF has discussed this possibility already over the last few years (they call it the bancor after JM Keynes). The REAL threat to us all is that this global currency becomes digital exclusively. It will be the chain and whip united as no payment will be anonymous anymore. The collective minds of the people suffer from cognitive dissonance and we need people like you to create awareness and awake the sleepers. A tough process! Unfortunately, we need a critical mass before a turn-around will take place and we are far from this target (common believe is 5% of the population).
I chose the path via a novel to provoke thinking on what's going on, which will be published next year (for now in Dutch only - if anyone is interested in collaborating with me on an English translation, pls contact me).
