Michael Moore – Warning! Five days before Financial Collapse | Banks Will Collapse Very Soon | Coming Chaos: No Banks, No Public Facilities, No Food And Rampaging Gangs

If the United States experiences a horrifying economic collapse (and it most definitely will), will that cause a complete and total collapse of society? Will we experience crime, violence, riots and social unrest on a scale that is unprecedented in US history? Before you dismiss such notions as utter foolishness dreamed up by a few bloggers with too much time on their hands, perhaps you should consider what one of the biggest credit rating organizations in the World is saying. According to a report on sovereign debt by Moody’s, the World’s five biggest AAA rated countries (including the United States) are all at risk of soaring debt costs and will have to implement austerity plans that threaten social cohesion”. In case you are wondering what happens when social cohesion starts to break down due to economic factors, just check out the recent examples in Iceland and Greece. If even Moody’s is warning that there is a realistic possibility that social cohesion in the United States may break down due to economic factors, perhaps we should all start listening.

Or if you will not listen to Moody’s, then perhaps you will listen to the man who has been called the top trends researcher in the entire World. Gerald Celente is the CEO of Trends Research Institute, and he is convinced that we are heading into what he calls The Greatest Depression”. The picture that he paints of the future of America is extremely alarming and extremely sobering. It would be easy to dismiss his forecasts as just the ramblings of another useless talking head”, but unfortunately Celente has been dead on accurate time after time after time in the past. Considering his exemplary track record, what Celente says is coming next for America is incredibly frightening.

This is a tough topic, because people either don’t won’t to believe it or are not capable because they lack the knowledge to comprehend what is being said. When you understand that our country can only operate based on debt and credit, not physical dollars, you finally see that the USA is a huge Ponzi scheme built on nothing more that our ability to borrow money. Our status as the World reserve currency has allowed us to borrow money that we do not have.

The government says that there are 10 trillion dollars sitting in the US Banking system that we can go and easily withdrawal. How can that be true when there only exists 1.4 trillion of real money in circulation (dollars and coins) and more than one half of that is outside the US. This doesn’t include the 10‘s of trillions more that we owe other countries that have purchased our debt. If our creditors were to all come and ask for their money at one time there would be less than $ 1 dollar for every $ 1000 dollars owed. The World economy collapses. All Great Empires based on fiat currencies end in this way. People I talk to like my wife and friends have no clue what is coming.

Here is the scenario. “Government agencies are having difficulty making their payments. State governments are issuing vouchers to pay their bills. US Social Security is late in issuing its payments to retirees and the disabled. Many banks are issuing warnings about liquidity. The prices of food are escalating by the hour. Instead of talking about the latest insane reality TV show, everyone is talking about inflation, money, mass layoffs, et cetera. It is five days before the economic collapse. So, what do you do?

Our current recession and depression is slow creeping at this point towards a bad outcome. Although I believe US and Canada are still three to five years away from an economic collapse, I woefully believe that the collapse is coming. EUro will collapse first. Greece, Venezuela and Spain have already collapsed. Italy and Portugal are soon to collapse next. Having this insight, I have been preparing vigorously for the past two years.

During these past two years, I have often thought about what the last five days would look like before a collapse. Because governments will do everything and anything to delay the onset of an economic collapse, as they should, I believe the problem will build to a dramatic point, where the economy will fall off a ledge very quickly. With the US Federal Government running $ 1 trillion deficits for the past three years, how long can that continue? As some point in time, no foreign government or domestic entity will want to buy US Federal debt. Then the only option is for the US Federal Reserve to generate artificial money, not backed by tax revenues nor by any tangible assets, in order for the Fed to buy US Federal debt. At some point in time, the continual injection of fiat currencies will trigger a hyper inflation period. At that point in time, the spiral towards economic collapse will accelerate.

Ron Paul Liberty Report – What To Expect In 2018 with Special Guest Gerald Celente

Trends Journal, Special Edition ECONOMIC EPIDEMIC, 17 march 2020

Trends Journal, Special Edition ECONOMIC EPIDEMIC, 17 march 2020

Live gestreamd op 18 jan. 2018

World renowned trends forecaster Gerald Celente joins today’s Liberty Report to give us the scoop on what he is expecting on the economic and foreign policy front for 2018. War? Economic collapse? Peace? Prosperity? Tune in! And check out Celente‘s Trends Journal https://trendsresearch.com/subscribe/

Trends Journal, Special Edition ECONOMIC EPIDEMIC, 17 march 2020


What Will Happen If the US economy Collapses?

If the US economy collapses, you will not have access to credit.

Before It’s News, Sunday, April 19, 2020 9:45


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