Monday, October 18, 2021

"Is The Global Financial System About To Melt Down?"

"If the tragic day ever comes when America's global leadership is but a distant memory it will not be because of a nuclear strike, a searing pandemic, or even a crippling cyberattack," predicts Lawrence Kadish, of Gladstone Institute.

No siree, ladies and gentlemen. "It will be from a self-inflicted mortal wound called 'the deficit'."

The deficit, according to Kadish, is:

"Far more destructive than most Americans could ever imagine. The nation's multi-trillion dollar deficit now being advocated by progressive socialists in Congress--would place our future on a collision course with catastrophic bankruptcy

"Such an event would destroy the very foundation of our financial system, the savings of every hard-working middle class family and our country's very ability to defend democracy."

And that ain't all folks. Kadish goes on to suggest that some in Congress are seeking to achieve that very thing!

Financial writer, Bill Holter agrees. 

"You have a broke U.S. Treasury talking about spending another $5 trillion. Really? Where is the $5 trillion going to come from? Oh, we'll just print it.

"There is inflation everywhere throughout the entire world," says Holter. "In fact, 35% of all dollars outstanding today have been created in the last 12 months."

Inflation has been set on fire, exacerbated by a collapsing supply chain, labor shortages, and ridiculous mandates (designed?) to make matters worse.

Holter believes the global financial system is in the process of imploding right now. "Compared to two years ago, this is night and day. We are on the doorstep of total tyranny," and he expects anarchy to follow.

Holter paints a rather grim picture, but then, so does the Bible. Scripture warns that in the end times a new financial system will arise out of the ashes of the old one.

Could this be the beginning of the end for the old system?

A wise man once said: "It's imploding now. When will it fully go down? It could be a few days, a few weeks or maybe a few months, but the system is coming down now." -- Bill Holter

"It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name" (REVELATION 13:16-17)

👉👉👉"HOW TO GO TO HEAVEN!" ☝

News:

  • CNBC: "Inflation is going to get out of control," says former Obama adviser; inflation now at 30 year high
  • Yahoo!Finance: Vaccine mandates are  the new market wild card; requirement disproportionately impacts workers of color.
  • CBS: Truck driver shortage adding to supply chain dilemma as businesses raise prices and consumers pay more and wait longer; meanwhile, Dartmouth College Prof warns U.S. is already in recession

 
 

 

 

 

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