May 12, 2024

So the stock market (the Dow Jones Industrial Average, anyway) fell over a thousand points yesterday.  Again.  Does it mean that economic collapse is imminent?

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I have said many times in my prophecy books that such a financial meltdown would be a necessary prelude to social unrest, civil wars, WWIII, and all the other horrible things prophecies warn us are coming up soon

Major governments and monetary puppetmasters in New York, London, and Washington have, I must admit, been doing a pretty good job prolonging the financial shenanigans and delaying the inevitable economic collapse.  But Peter Schiff paints a bleak picture:

“Trump is going to get blamed when the economy tanks because the media has already decided that they are on the side of socialism. When all of this happens, prepare for the free market (which we don’t have) to be blamed and prepare for the tax cuts to be blamed. This will pave the way for Communism. “I don’t think Trump can get out of dodge in time,” Schiff said.  “Unfortunately, he is the fall guy.”

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Jim Rickards puts the blame on massive money/debt creation by America’s Federal Reserve.  “This will be viewed as the greatest blunder in the history of central banking.”

James Wesley Rawles makes it sound far worse in:

The Economic Collapse Will Bring Starvation And Most Will Not Survive 2018

What have you done to prepare for collapse?

[youtube https://www.youtube.com/watch?v=F9EM32SXnJQ&w=854&h=480]

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