Natural News: If you’ve been paying any attention at all to the stock market over the past several days, you are aware that stocks have been rapidly declining.
Individual retirement accounts have lost hundreds of billions of dollars, if not more, in the blink of an eye as the Biden economy continues to tank and take Americans’ financial security with it. Without any doubt, Joe Biden has turned out to be the very worst president in the history of our country, and it’s not even close.
But the tanking of our economy and those of countries around the world is purposeful: It’s being done as part of a global ‘reset’ that was launched by the planetary elite as a means of solidifying their control over literally every person and every activity, every day.
And one way they plan on doing so is by taking over complete control of the money supply.” Read More …
Opinion: Yup. We have been talking about CBDC’s for months on the blog and several times on Prophecy Today Radio with the late Dr. Jimmy DeYoung and now with his sons.
What we don’t know however, is when, and although it is tempting to attribute the current stock market correction as the beginning of the end of the world economic system, it is too early to call it.
Here is what we do know. The past two market corrections in 2008-9, and 2018-19 were both bailed out by the Federal Reserve, followed by European Central Bank (ECB) stimulus.
In 2008, the Fed cranked up the printing press and by 2013, $4 trillion was created and used to force down interest rates to zero. In the height of the Covid crisis in March 2020, the Fed backstopped the Equity market, bond market and commercial real estate market with $6.8 trillion in brand new money.
And this is key: From March 2020 until just the last few months the Fed has been adding $120 billion per month to the market.
Somehow, and I’m not sure how, the Fed now claims its debt stands at $9 trillion, a number so gigantic that 1 or 2 trillion really doesn’t matter. It is like shooting someone who is already dead for an analogy.
Trying to predict markets is a fools game and one that I have never been very good at. What I can do is follow clues to see where they lead.
- The Federal Reserve has clearly stated that it will not bail out the market this time.
- US national debt is $30 trillion, and unfunded liabilities (Social Security, Medicare, Medicaid) tops $100 trillion.
- There is absolutely no way to pay off that debt except to default
- The crack Biden economic team wants to add trillions more to the debt
- US household debt now tops $16 trillion and rising
That still does not mean we absolutely must crash right now. But it could mean that if the Fed’s printing press remains in mothballs between now and September, when the Biden team will determine when it will enter into Central Bank Digital Currencies, then it is possible that 2023 could see a whole new economic system engulf the world.
“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. 6 And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” Revelation 6:5-6
See our paper “The 1% and Revelation: Do not harm the Oil and Wine” HERE