Posted on 04/29/2022 4:11:56 PM PDT by E. Pluribus Unum
In mid 2007 the Bank for International Settlements (The central bank of central banks) released a statement predicting an impending “Great Depression” caused by a credit market implosion. That same year the International Monetary Fund also published warnings of “subprime woes” leading to wider economic strife. I started writing alternative economic analysis only a year earlier in 2006 and I immediately thought it was strange that these massive globalist institutions with far reaching influence on the financial world were suddenly starting to sound a lot like those of us in the liberty movement.
This was 16 years ago, so many people reading this might not even remember, but in 2007 the alternative media had already been warning about an impending deflationary crash in US markets and housing for some time. And, not surprisingly, the mainstream media was always there to deny all of our concerns as “doom mongering” and “conspiracy theory.” Less than a year later the first companies awash in derivatives began to announce they were on the verge of bankruptcy and everything tanked.
The media response? They made two very bizarre claims simultaneously: “No one could have seen it coming” and “We saw this coming a mile away.” Mainstream journalists scrambled to position themselves as the soothsayers of the day as if they said all along that the crash was imminent, yet, there were only a handful of people who actually did call it and none of them were in the MSM. Also ignored was the fact that the BIS and IMF had published their own “predictions” well before the crash; the media pretended as if they did not exist.
(Excerpt) Read more at redwave.press ...
Ya’ll know what comes next?
Well if everybody goes out and stocks up - they could say the economy grew.
People are as much as they are able.
Good. That’ll wake a lot of people up.
Stock up on rice and soy
Yes. The warnings and how-tos are going out now.
Bttt
Soy??
We’ll be stealing feed corn and soybeans out of the fields here in Indiana....
Starting to sound like that other warning:
“Iran is only ‘weeks away’ from having all the Nukes they need!”
First time went to store yesterday - no kleenex and toilet paper aisle worse than with covid. I asked why they said it’s shipping issues -— several weeks no kleenex.
Is their track-record for predictions any better than that of the global warming folks?
The Mormon Church suggests every member of a family should have 100 lbs of Rice and 100 lbs of Beans plus 25 lbs of powder milk in stock for a food supply and bartering to cover themselves for a year. Maybe in the 1800’s they saw the Dems and Biden coming.
I saw an interview of the CEO of Goya foods.
Some of us buy those products.
He pretty well stated that USA will have food, it is the poor nations that will run short. Nations that cannot feed their people with what they can produce.
After what I’ve seen of Somalis I don’t the world will miss them.
That’s interesting.
This week at Costco the “great wall of buttwipe and paper towels” was fully loaded with stuff. Probably best I’ve seen in a year or so.
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