In 1987, they predicted that the Soviet Union would collapse and a few years later, that’s exactly what happened.On 26th of December 1991, Soviet Union collapse into 15 independent republics, a result of the declaration number 142-Н of the Supreme Soviet of the Soviet Union.
In 1989, they predicted that the Japanese stock long running bull market in Tokyo may be nearing an end. Months later, the Japanese asset price bubble’s collapse in late 1991 and early 1992. And it has never recovered!
In 2000, they predicted the dot com bubble will explode and at the same year, NASDAQ began a two year, 77% decline.
In early 2006, they predicted the crash of the housing bubble along with lender Fannie Mae and Freddie Mac. And a few months later the it’s happened, where according to reports the housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. On December 30, 2008, the Case–Shiller home price index reported its largest price drop in its history.
And now they predicting the next great world shift will be happened in America. And they believe that it already passed the point of no return. Which means that a crisis is now inevitable and unstoppable.
It will start in the banks, ATM machine or credit card and find that it isn’t working or gone offline, which I experience many times now. And if you made a call to your bank, you will get a prerecorded message from some agency you don’t recognize.
What people don’t see in the 1950’s, the United States began switching over to a new kind of economic system. Which ends the gold standard in 1970’s. The new system made America’s economy what it is. If you’ve ever wondered how America managed to keep going despite every sign pointing to coming collapse.
The trouble is that over three decades ago, there is a fatal flaw in the current system. And as this system keeps growing, so too, does the flaw. When the fiat currency collapse a systemic shock will disrupt live in ways you never imagine possible.
You will suddenly be locked out of your own bank account. Unable to withdraw cash or deposit a check. The stock market will swing wildly out of control. You won’t even be able to access your social security fund.
Like a virus it will affect and spread to the food supply chain, causing massive shortages. The same thing will happen to other industrial networks. And one by one, every service you’ve come to depend on from bank, grocery store, to government agency will shutdown.
You won’t be able to get cash, and without cash you won’t be able to buy food or all other basic needs. And what happen to you then?
This is not an investment or financial advice. All views expressed on this site are my own and do not represent the opinions of any entity.