Author: Author1

Assessment: Since the Chinese plan multiple years out, we’ve pointed out how a series of disasters and weather events have likely led state officials to forecast a troublesome period of food shortages …

About two and a half years ago, we told readers China was panic hoarding food, which was several months before the virus pandemic began to spread worldwide; Beijing has managed to stockpile more than half of the world’s maize and other grains that have resulted in rapid food inflation and triggered famine in some countries.

In August 2019, we asked the question:

Does China believe that we are on the verge of a major global crisis? The communist Chinese government has always been very big into planning, and it appears that they have decided that now is the time to hoard food, gold and other commodities.

“ Indeed seven years of great plenty will come throughout all the land of Egypt; ³⁰ but after them seven years of famine will arise, and all the plenty will be forgotten in the land of Egypt; and the famine will deplete the land.” Genesis 41:29-30

Fast forward today, the answer is most likely “yes.” China maintains “historically high levels” of beans and grains stockpiled at COFCO Group’s (a major Chinese state-owned food processor) 310 storage facilities in the northeastern part of the country, according to Nikkei Asia.

Read More @ Zero Hedge HERE

Assessment: “If you want to know what the best investment you probably had in 2021, it’s that car sitting in your driveway or in that garage …

Personally, I don’t like to use the term “Bidenflation” too much, because it is not entirely accurate.  Without a doubt, the Biden administration has taken actions over and over again that have made the inflation crisis even worse.  But it isn’t as if Joe Biden and his minions are the only ones responsible for this mess.

The creation of the Federal Reserve in 1913 started us down the road that we are on today.  Of course we could have exited this path at any time if U.S. voters had sent politicians to Washington that were committed to abolishing the Federal Reserve, but they didn’t do that.

“When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand.” Rev. 6:5

In 1971, we reached “the beginning of the end” when President Nixon took the U.S. off the gold standard.  Today, the value of the U.S. dollar is only a very small fraction of what it was back then.

The U.S. national debt hit a trillion dollars in the early 1980s, and it will hit the 30 trillion dollar mark in 2022.  Our politicians have literally been committing national financial suicide, and both major parties are to blame.

In 2009, the Federal Reserve took the destruction of our currency to an entirely new level when they introduced “quantitative easing”.  It was supposed to just be a “temporary measure”, but of course the Fed just kept doing it.

Over the past couple of years the Federal Reserve has pumped more fresh money into our financial system than ever before, and this has greatly pleased investors.

But it is also turning our currency into a joke.

Earlier today, I read an email from a reader that was quite alarmed that many new car dealers are now charging $5,000 to $10,000 above the sticker price for many of their vehicles.

Read More @ Zero Hedge HERE