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Global Skywatch

running on air

Wiley T CoyoteThe article below is accurate, well done and a healthy reminder that we need to be ready for dramatic changes in our world.

Those of us who have observed the approach of this disaster are horrified by it, but also weary of worry. We have consistently been wrong on when it will happen. The world economy and culture should have collapsed a decade ago. Yet it continues to function, running on air.

Or, as is pointed out below, running on the printing of paper promises masquerading as money. Anchored to gold and silver, money had to be earned. Savings, those earnings in excess of spending, could be attracted to investments – the very foundation of a growing economy.

Fiat currencies, the currently accepted substitute for money, are created out of thin air, backed by nothing but society’s faith in the printers. The only reason that faith continues is widespread ignorance. That, and the desire of the central banksters to keep it afloat until they have everything else in place for the next phase for the humans inhabiting Earth.

Which brings me to this quote from the middle of the article below:
“…Next, the government will be left with no choice but to implement a state of martial law…”
It is NOT a matter of being left with no choice. This is the very thing they have been working for a century to set up. It is the final phase of a very long-term plan.

Much like the blind men and the elephant, those who focus on the deliberate destruction of the world’s banking and money system know well and sure that disaster is imminent. They just don’t quite envision the scope and flavor of the aftermath that the designers have in mind.

Another major part was converting the USofA from a Constitutional Republic to a Stalinist Democracy where, as he said, It matters not who has the vote. All that matters is who counts the vote. People are more tolerant of a totalitarian government that appears to be at least ‘of the majority’.

A centrally-controlled Prussian model for raising obedient children loyal to the state is also crucial. Same for the media now in six hands. The drug war, prison industry, single political party with two faces, cultural breakdown, replacement of uncooperative top military brass, destabilized Arabia, militarized local police tied to national police … so many pieces all fitting together on someone’s chess board. They can seem random and disconnected, but traced to their origins one by one, they lead back to the same head.

It is important to have at least some idea of how big and complicated is the elephant we are facing. Otherwise you prepare to deal with a tree or a wall or a snake while the danger that really approaches is something altogether different.

However, the article below does a good job on one piece of it … and a very serious piece indeed.

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Horrific Consequences: “People Don’t

Understand the Scale of the Emergency

That’s Going On Right Now”

Author: Mac Slavo
Website: www.SHTFplan.com

consequences

Back in the mid-2000′s, when jobs were plentiful and everyone was concerned with buying zero-interest homes, new cars and taking luxury vacations, Mike Maloney from the Hidden Secrets of Money was warning of the financial and economic destruction to come. In his assessment, a crisis was imminent:

First the threat of deflation (1), followed by a helicopter drop (2), followed by big reflation (3), followed by a real deflation (4), and then followed by hyperinflation (5),

We now know that Maloney was right.

In 2008 we saw asset valuations from stocks to commodities lose significant value. It was a deflationary impact so threatening that the U.S. government was on the brink of a collapse which subsequently led to members of Congress being warned that if nothing was done there would be tanks on the streets of America. This was followed by an unprecedented bailout package, which included an astronomical infusion of cash by the Federal Reserve under the direction of Chairman Ben Bernanke. Since then we’ve seen a massive reflation in a system where the economic fundamentals have only gotten worse – stock markets have hit all time highs, home prices have seemingly re-stabilized and personal debt is approaching 2007 levels.

Mike’s first three stages have, without a doubt, now come to pass.

If his forecast is correct – and it sure seems like it – then we will soon enter the next stage of this crisis and it will involve yet another deflationary hit to global asset prices. We know how destabilizing such an event can be from our country’s experience during the Great Depression. But as Mike notes in a follow-up to his original forecast, the next event will be nothing like what we saw during the 1930′s:

I think it’s going to be a whole lot worse than the 30′s…

People don’t understand the scale of the emergency that’s going on right now. 

They think that Ben Bernanke fixed things and that the economy is back on track, but the Fed is still doing emergency measures. They’re printing $85 billion a month – that’s over a trillion dollars a year… and people do not grasp the scale of the emergency measures that they’re doing right now.

There was just a little over $800 billion of base money in existence before the crisis in 2008… that’s 200 years worth of currency creation… So that’s 0.8 trillion… now we create a trillion every year… that means we’re creating more than 200 years of currency every single year. 

…For him [Bernanke] to say that they’re not going to taper is an admission that they can never, ever taper… If they do the whole thing comes crashing down.

I think the crash of 2008 was just a speed bump on the way to the main event… the consequences are gonna be horrific… the rest of the decade will bring us the greatest financial calamity in history.

If Maloney is right, then the next crash is going to be followed by something so severe that many have suggested our civilization may not survive in its current form.

Hyperinflation on this scale, originating in the United States, will lead to immediate global consequences. First, our systems of commerce break down. Next, the government will be left with no choice but to implement a state of martial law, something they have been war-gaming for years in anticipation of this very event. And finally, as noted by many contrarian experts, the world could very rapidly descend into widespread global conflict.

We are, by all measures, on the very precipice of what is potentially the most enormous financial, economic, and social collapse in the history of the world.

Both scenarios – deflation and inflation – are going to impoverish this nation and make it nearly impossible for people to acquire the basic necessities for life. One hundred million people are already struggling right now and are only capable of paying their rent and putting food on the table because of direct government assistance.

When the system collapses that assistance will not be enough and those who failed to prepare by stocking long-term food stores, gold and silver, and barter supplies are going to be living in horrific conditions.

This is big – and most people are completely ignorant to the possibility.

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Author: Mac Slavo
Website: www.SHTFplan.com

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