World Economy Preparing for Collapse

Guest Post by Martin Armstrong

The world has changed dramatically in the course of this orchestrated and intended collapse of the global economy in order to launch this Great Reset. In the course of several months, we have watched a deliberate economic disaster under the pretense of this coronavirus pandemic. While the main objective of one group has been the create a New Green World Order, they relied upon Socialists who realize that their economic dreams are also collapsing. As a result, this combined force is out to change the world and the real agenda is the New Green Socialist Agenda. They have pretended that there has been this huge tragically large number of human lives being lost when more people die from car crashes. They have deliberately terrorized people to achieve their agenda.

They have embarrassed politicians and countries into implementing quarantines, social distancing, and have locked down the world population where NOTHING of such a magnitude has EVER taken place in 6,000 years of recorded history. These drastic practices to contain this exaggerated pandemic have unleashed a Sovereign Debt Crisis our computer has been forecasting but never in my personal imagination w3ould I have ever anticipated that this would be deliberate.

 

The cost of this Great Lockdown is virtually beyond comprehension. We are witnessing people hoarding cash around the world. The magnitude and speed of collapse in economic activity that has followed is unlike anything experienced in our lifetimes. Yet the real trend starting to unfold is the collapse in public confidence. We are now even beginning to see runs on banks to hoard cash in China as well. Our sources in China are reporting that the People’s Bank of China initiated a strategic plan in the Hebei province which requires retail and business clients to pre-report any large withdrawals or deposits. They will expand this program in October to other provinces.

On a global scale, lenders around the world, including China, are facing a surge in bad debt as a direct result of this Great Lockdown. The world economy is facing a tsunami of bad debt that is bringing about an economic recession/depression into 2022. Even in China, the economic outlook is one of the slowest economic growth in four decades. In China, the government regulators were forced to step in last month to prevent bank runs at two local lenders in Hebei and Shanxi. Last year, China bailed out and even took over several struggling banks. In China, much of the loans were on real estate which has been forced to contract as social-distancing impacted the freedom of movement.

Our warning of the pending Monetary Crisis Cycle and the simultaneous Sovereign Debt Crisis Cycle has created a world economic outlook that is just beyond ANYTHING we have witnessed in over 300 years. This is How Empires, Nations, and City-States die.

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7 Comments
Glock-N-Load
Glock-N-Load
July 9, 2020 6:37 pm

“This is How Empires, Nations, and City-States die.”

And hundreds of millions of people?

Glock-N-Load
Glock-N-Load
  Glock-N-Load
July 9, 2020 6:37 pm

Lots of problems get solved with billions of people being deaded.

CharlieWiskey
CharlieWiskey
  Glock-N-Load
July 9, 2020 7:02 pm

Fire up the bull dozers and backhoes. Double check your order of lime to make sure you have enough for the job.

Anonymous
Anonymous
July 9, 2020 7:03 pm

That was one long advertisement for his new release, only $29.95. Wish I had me a computer that could write books for me.

Coalclinker
Coalclinker
July 9, 2020 10:39 pm

There is one Chinese wild card that few pay attention to. It all has to do with one very large concrete gravity dam that they originally said would be there for 10,000 years, but now say it’s good for only 100 years. Imagine the repercussions if this is the 100 year flood.

Anonymous1
Anonymous1
July 10, 2020 10:12 am

The common thread to all of this?
The house of Rothschild, who owns most of the banking interests around the world.

They have become bored with accumulating wealth, and now seek to own political power over the governments of the world.

Step1. 2008, destroy confidence in the economic world by exposing the rampant fraud in packaged securities

Step2. 2008 – put a black homosexual with a trans wife into the oval office.

Step3 what for the shit to hit the fan.

Folks, the shit has finally hit the fan.

Anonymous
Anonymous
July 11, 2020 6:50 pm

If you takes $350,000 in cash out of the bank you must request it a week prior and fully expect the secret service and fbi to interview you when you show up for your appointment to take receipt of the cash. You can get receipts, bank manager letters etc. When you try and re deposit it there is more than a 50% change they will try and confiscate it accusing you of drug running. They will say we do not know what you did with that money. You could have bought $350,000 of drugs and cut it and sold it form $1.350m and kept the $1m cash profit and returned the cash back to the bank therefore we are confiscating it. Then you sue and 7 years later and 250k attorneys fees you probably settle for $150,000. If you take it out it stays out forever……