Posted on 11/11/2021 7:17:50 AM PST by Red Badger
2008 housing crash would have collapsed the economy if they had let nature take its course. Instead, they printed $15 trillion dollars since then proping up the economy against a healthy, rejuvenating crash.
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Indeed. the 2008 crash was papered over. Instead of flushing out the bad actors and punishing those who made reckless financial decisions, they were instead rewarded. The not-politically-connected were wiped out. It has been a debt-fueled fake recovery ever since 2008.
The collapse is a Mexican stand-off. If the US economy crashes, it takes down the world economy. I believe that is why the Fed and the other governments propped up businesses in 2008. They wanted the relatively small correction rather than the world-wide depression.
The goal of globalist seeking a Biblical prophetic one world order need to first bring the current world super power to its knees. That being the United States.
The strategy that has been taught for decades to political activists is known as the Cloward and Piven strategy. In a nut shell it is to deliberately bankrupt the USA. That is why there is little concern over debt and spending. Our nation is moving closer and closer to that cliff.
The Christian church should understand this, but we are living in the end of days concerning the Church Age dispensation. Jesus described these days in Matthew 24. As well, John also described these last days when he wrote the Seven Churches of Asia. Of note is the current description of the Luke warm church know as Laodicea. Beginning in Rev. 3:14
15 I know thy works, that thou art neither cold nor hot: I would thou wert cold or hot.
16 So then because thou art lukewarm, and neither cold nor hot, I will spue thee out of my mouth.
17 Because thou sayest, I am rich, and increased with goods, and have need of nothing; and knowest not that thou art wretched, and miserable, and poor, and blind, and naked:
If the world can see the impending crash, as well as the present condition of the church, shouldn’t Christians be able to see it as well?
We have what Jesus described as the blind leaders of the blind who both find themselves in the ditch.
Biblical prophecy is unfolding before our very eyes at a lightning speed. It’s up to us as individuals to heed the warnings and return our faith in the Word of God. Even so much more as we see that day approaching.
Repent from unbiblical doctrines that have been allowed into the pulpit and led so many away into perdition.
The Day is drawing near.
The Fed is running out of baling wire and duct tape.
They are the road to serfdom, our intended and final destination.
Jhn 13:19 - “I am telling you now before it happens, so that when it does happen you will believe that I am who I am.
Luke 21:28
The Fed is running out of baling wire and duct tape.
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This was always the end game of the Fed res ( which is not federal and has no reserves) had planned.
Ask Andy Jackson.
I prefer the analogy of the stage magician spinning plates.
They keep adding more spinning plates in the air, and none have fallen and crashed—yet.
Been working on that as I’ve seen it coming too.
With my limited knowledge of economics I would’ve thought the system would have collapsed a long time ago.
Have a plan for how to heat your home. It's going to be a very cold winter and shortages of natural gas, propane and home heating oil are going to make life harder...and more dangerous.
(From your cloward & Piven link) looks like today’s headlines
Michael Reisch and Janice Andrews wrote that Cloward and Piven “proposed to create a crisis in the current welfare system – by exploiting the gap between welfare law and practice – that would ultimately bring about its collapse and replace it with a system of guaranteed annual income. They hoped to accomplish this end by informing the poor of their rights to welfare assistance, encouraging them to apply for benefits and, in effect, overloading an already overburdened bureaucracy.”[
In papers published in 1971 and 1977, Cloward and Piven argued that mass unrest in the United States, especially between 1964 and 1969, did lead to a massive expansion of welfare rolls, though not to the guaranteed-income program that they had hoped for.
Capitalism is really hard to kill, even in the Soviet Union there was still entrepreneurs .....................
Amen!
Yet He remains more than a Prophet. To often, many regard Him as One of many who hold the Keyes.
John 14:6
King James Version
6 Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.
Artificially inflating the fiat U.S. dollar was easier when other nations inflated their fiat currencies as well. With cryptocurrencies to measure against fiat currencies, the lies eventually collapse.
The Japanese economy has been running on fumes for decades—kept alive by central bank credit creation.
When this thing blows it will be world-wide and totally insane.
“People aren’t working and apparently aren’t willing to work.”
Stop giving them free money and let landlords evict them and watch how quickly they’ll be willing to work.
Well, if you don’t do something even stupider like try to enforce a vax mandate, that is.
The left is determined to destroy the economy (and the United States as it currently exists) as prelude to building their Jim Jonesian Utopia. They don’t GAS who gets hurt in the process because they are confident that they will be exempt.
I’m not long for this earth so I should be thinking how to take as many of the bastards with me as I can.
As much as I agree with much of what this article points out, I disagree that the Dollar will simply collapse under it’s own weight or because we’re at $29 Trillion dollars in debt and growing by the day. No, the Dollar will collapse as soon as a viable replacement comes on the scene (ie. Bitcoin, another currency, etc...) in which people abroad, AND here in the U.S., are willing to trade excluding the Dollar of its reserve status. Can that happen “soon”? Sure. But when? This year, next, in 5 years, in 100 years? The truth is that the Fed Reserve (a “private” entity) will continue to purchase US Gov’t debt from printing endless dollars until that day happens and nothing will stop them until the scheme no longer works! My suggestion is that every US Citizen figure a away to sneakily figure a way to convince the politicians to allow the use of a separate currency including to pay taxes. Once that happens, the shot will be heard around the world that the US’ OWN citizens no longer believe or have faith in their own currency. That’s when the flood gates will open on the collapse of the U.S. Dollar. Everyone around the world will be asking themselves, “Why should I accept US dollars if even their own people have NO FAITH in it?”
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