Tag Archives: economic collapse

Everything Happening in the US Was Designed to Break Our Will to the NWO

civilization

We are living through the systematic collapse of society as we know it. The elites have already planned out election chaos and famine that will destroy so many people’s lives if we let it.

The same forces instigating social unrest and elections chaos are engineering a man-made famine and attempting to take over ALL food production. This is exactly what happened in the Soviet takeover of Ukraine. The people pulling the political puppet’s strings start by ramping up fear. They have done this by spreading fraudulent COVID-19 tests to farmworkers and meat plants. From John Podesta to the UFW, to Tyson, to the Rockefellers, The Ice Age Farmer explores the deep connections between those behind the agenda to “Reset the Table” and use food as a weapon.

In the video, the Ice Age Farmer lays out Podesta’s link in this matter. This is a systematic collapse of the food supply chain. It has been planned.

SHTF Plan

Illegal Lockdowns Are Being Used to Break the Will of the People

2020: Wildfires, Heatwaves, Hurricanes, Riots, Medical Tyranny, Famine & More

20202

It has just been one thing after another in 2020.  First, the COVID-19 pandemic erupted and quickly spread all over the globe. 

At this point more than 800,000 people have died globally, and authorities are warning us to brace ourselves for another wave of the pandemic in the fall.

Of course many would argue that fear of the virus has been even worse than the disease itself, and it is undeniable that the COVID-19 shutdowns were the primary reason why we have plunged into the worst economic downturn since the Great Depression of the 1930s.

End of the American Dream

Entrepreneur: NYC is Dead and It’s Not Coming Back

NYC2

Former hedge fund manager and entrepreneur James Altucher says New York City is dead and it’s not coming back.

Born and bred in New York, Altucher took his family and fled to Florida after the Black Lives Matter riots in June when someone tried to break into his apartment.

Since then, the city has continued to suffer a huge surge in shootings and violent crime as well as an anemic financial recovery from the coronavirus lockdown.

Appearing on Fox News Business, Altucher referred to images that were broadcast during the interview showing 6th avenue to be virtually empty.

Infowars

Leftists Blame COVID, Not Democrats, For Killing New York City

Biden Would Shut Country Down Again

losers

Throughout the Democratic National Convention there was a common, if contradictory, theme: on one hand, the Democrats bashed Trump for his response to the covid pandemic while at the same time they lamented the dismal state of the economy, where millions have lost their jobs and countless corporations have gone bankrupt.

Well, which one is it, because you can’t have both: if Trump had enacted a more forceful response to the pandemic, the US economy would have been shut down for longer (as Neel Kashkari now urges, seeking another 6 weeks of shutdowns and setting the stage for the next crisis); alternatively the economy would be firing on all cylinders but the fallout from covid would be much more widespread.

On Friday afternoon, in an exclusive interview with ABC “World News Tonight”, Biden revealed on which side of the fence he is saying that as president, he would shut the country down to stop the spread of COVID-19 if the move was recommended to him by scientists.

Zero Hedge

Biden Brags He’ll Ban Guns If Elected in 2020, “They Should Be Illegal, Period.”

Millions of Renters Face Eviction

rent

Tiana Caldwell of Kansas City, Missouri, is one of approximately 40 million Americans who are in danger of being evicted from their homes by the end of the year; a direct result of the economic slowdown and massive job losses caused by the coronavirus outbreak, according to a national housing group. 

Caldwell lost her job and was in treatment for ovarian cancer when she and her family were evicted — in 2019. 

“We had gotten back on our feet, we were doing good, and then I got cancer … again,” she told VOA via Zoom. “So, I was actively in treatment when we were being evicted. … It was a bad experience.” 

VOA News

7 Out of 10 Nursing Homes “Can’t Go On”

nursing

The COVID-19 pandemic is plunging U.S. nursing homes into a major financial crisis and many of them could go out of business, says a survey released by the industry’s trade association, the American Health Care Association/National Center for Assisted Living, or AHCA/NCAL.

In a poll of nearly 500 nursing home operators, 72%, said they couldn’t keep going for another year under current conditions while 55%, said they were running at a loss. As politicians on Capitol Hill grapple with another rescue package, nearly all nursing home operators—92%—say they’ve received financial aid during the crisis, and 58% say they’ll face “significant” financial problems when it ends.

University of Alabama Health Administration professor Robert Weech-Maldonado, an expert in the field of nursing home economics, says the findings of the survey are credible and even unsurprising. The pandemic has forced homes to spend a lot more money, especially on extra staff and personal protective equipment.

Heat St

Nursing Home Prison Conditions Now Extended Under Covid Lockdowns

Over 80% of NYC Restaurants Unable to Pay Rent

restaurant

The state of the New York City restaurant industry is in dire straits. July proved to be another disastrous month for restaurants, bars, and nightlife establishments across the city with a majority unable to pay rent in July, a new survey found.

NYC Hospitality Alliance surveyed about 500 owners and operators of eateries in the city, with 83% of respondents indicating they couldn’t pay the entire rent in July while 37% paid no rent at all.

“Restaurants and nightlife venues are essential to the economic and social fabric of our city, but they are struggling to survive and absent immediate and sweeping relief so many will be forced to close permanently,” said Andrew Rigie, executive director of The Alliance.

Zero Hedge

The Fed is Planning to Send Money Directly to Americans in the Next Crisis

feds

Over the past decade, the one common theme despite the political upheaval and growing social and geopolitical instability, was that the market would keep marching higher and the Fed would continue injecting liquidity into the system.

The second common theme is that despite sparking unprecedented asset price inflation, price as measured across the broader economy (at least using the flawed CPI metric) would remain subdued (as a reminder, the Fed is desperate to ignite broad inflation as that is the only way the countless trillions of excess debt can be eliminated and yet it has so far failed to do so).

The Fed’s failure to reach its inflation target has sparked broad criticism from the economic establishment, even though as we showed in June, deflation is now a direct function of the Fed’s unconventional monetary policies as the lower yields slide, the lower the propensity to spend. In other words, the harder the Fed fights to stimulate inflation, the more deflation and more saving it spurs as a result (incidentally this is not the first time this “discovery” was made, in December we wrote “One Bank Makes A Stunning Discovery – The Fed’s Rate Cuts Are Now Deflationary“).

Zero Hedge

Trump Tramples Dem Leverage to Kill Economy Ahead of Elections

potus

Three weeks ago, when looking at the staggering amount of cash piled up at the US Treasury thanks to a historic T-Bill issuance spree over the past three months, we said that it’s just a matter of if not when Trump gives the green light to unleash a historic spending spree to put as much of this record $1.8 trillion in the hands of American people and, more importantly, voters ahead of the November 3 election:

Democrats are pushing for a USD3 trillion package while the White House only wants USD1 trillion, and focused on a payroll tax cut rather than an extension to the USD600 weekly extension to unemployment benefits. The clock is ticking given we are days away from income supplements drying up at a time when millions are jobless and one in three Americans is not making a full rent or mortgage payment. Political speed is of the essence.

The US Treasury is of course sitting on a cash balance of USD1.8 trillion at this point. I don’t recall any taxes being paid to raise that sum – almost as if MMT were already a thing. (On which note, please see this report.) One wonders when this massive fiscal firepower is going to be unleashed; because surely no president wants to leave USD1.8 trillion to a successor?

Surely not indeed, and sure enough with some $1.7 trillion in cash still held by the Treasury at the Fed…

Zero Hedge

Trump Signs Executive Orders On Coronavirus Relief, Payroll Tax

Pete Schiff: Dollar Crash Will Topple the Entire US ‘House of Cards’ Economy by Year’s End

house of cards

No one seems to be worried about the falling dollar, veteran stockbroker Peter Schiff writes on Twitter, as the US currency continues to slide versus major rivals amid gold and silver record growth.

According to Schiff the ignorance is “likely to remain the case until the fall becomes a crash, which I don’t think will begin until the Dollar Index breaks 80. At its current rate of decline that level could be breached before year end, perhaps by election day.”

The decline of the US dollar accelerated in recent weeks on a rise in coronavirus cases in the United States and indications of a pickup in global economic activity. The ICE US Dollar Index, which tracks the greenback against a basket of six major rivals, fell 0.4 percent on Friday to 92.635 and traded at its lowest since July 2018. Meanwhile, gold continued its rally to hit fresh all-time highs.

“Coronavirus just accelerated the process of the dollar’s fall and there’s nothing that the Federal Reserve could do right now to preserve the dollar from falling,” Schiff said on his podcast.

RT