Authored by Alexandra Bruce via ForbiddenKnowledgeTV.net,
New Zealand tech CEO, Kim Dotcom did the math on the United States’ sovereign debt and he tweeted a thread about it, saying it may the most important thread that he may ever make.
Kim explains that US spending and debt have spiraled out of control and the Government can only raise the money it needs by printing more of it, which means that hyperinflation is guaranteed.
He says this has been going on for decades and there’s no way to fix it and that the US got away with this for so long, because US dollar is the world’s reserve currency.
When the US Government prints trillions, it is thereby robbing Americans and the entire world in what he calls the biggest theft in history.
He says the total US debt is at $90 trillion, which together with $169 trillion in US unfunded liabilities totals $259 trillion, which is $778,000 per US citizen or $2,067,000 per US Taxpayer.
Now, the value of all US assets combined: every piece of land, real estate, all savings, all companies, everything that all citizens, businesses, entities and the state own is worth $193 trillion.
Our total debt, $259 trillion minus our total net worth, $193 trillion equals negative $66 trillion of debt and liabilities after every asset in the US has been sold off.
So even if the US could sell all assets at the current value, which is impossible, it would still be broke.
This is where the ‘Great Reset’ comes in and he asks, “Is it a controlled demolition of the global markets, economies and the world as we know it? A shift into a new dystopian future where the elites are the masters of the slaves without the cosmetics of democracy?”
He notes how the world has changed so much in recent years and how nothing seems to make sense anymore.
He sees the blatant corruption and the obvious gaslighting propaganda media and the erosion of our rights but he doesn’t know where it’s all going and he finishes the thread asking, “What’s the end game?”
As Harrison Smith from the American Journal says, “It’s a pyramid scheme. The people perpetrating the pyramid scheme are in charge of everything…they’re going to sacrifice humanity in order to maintain their system…
“The world economy is being collapsed, the food supply system is being destroyed, the energy that we rely on to maintain civilization is being curtailed and eliminated and we’ll be forced into the Great Reset where we will own nothing.”
Former BlackRock stockpicker, Ed Dowd believes that the entire COVID sham was created as a cover for the financial collapse and that new lockdowns are coming, to try mitigate the inevitable violence and chaos that we can expect to be witnessing in the streets.
We also saw how Dr Mike Yeadon, former Pfizer VP also believes that COVID and the death shot are an elaborate hoax to engineer a collapse of sovereign currencies to bring in the Great Reset and the introduction of programmable central bank digital currencies (CBDCs), for a wholly-controlled population, in which people will not be able to buy food, etc. unless the algorithms permit and the undesirables can basically be starved to death via artificial intelligence.
Kim Dotcom June 5, 2022 Thread
(emphasis ours)
This may be the most important thread I ever make. Big picture stuff about the major global collapse that is coming.
I will try to help you understand why the future is not what we’re hoping for. It’s worse than most can imagine.
Our leaders know.
But what are they planning?The United States did not have a surplus or a balanced budget since 2001. In the last 50 years the US only had 4 years of profit. In fact all the profit the US had would not be enough to pay for 6 months of the current yearly deficit. So how did the US pay for things?
US spending and debt have spiraled out of control and the Govt can only raise the money it needs by printing it. That causes inflation. It’s like taxing you extra because you pay more for the things you need and all your assets decline in value.
See the US money printing frenzy:
The reason why the US got away with it for so long is because USD is the worlds reserve currency. Nations everywhere hold USD as a secure asset. So when the US Govt prints trillions it’s robbing Americans and the entire world. The biggest theft in history.
The problem is that this has been going for decades and there’s now no way to fix it. The reality is that the US has been bankrupt for some time and what’s coming is a nightmare: Mass poverty and a new system of control. Let me explain why this isn’t just doom and gloom talk.
Total US debt is at $90 trillion. US unfunded liabilities are at $169 trillion. Combined that’s $778,000 per US citizen or $2,067,000 per US tax payer 
Remember, the only way the US Government can operate now is by printing more money. Which means hyperinflation is inevitable.
The total value of ALL companies listed on the US stock market is $53 trillion. The real value is much lower because the US has been printing trillions to provide interest free loans to investment banks to pump up the stock market. It’s a scam.
Most of the $53 trillion is air.
The value of all US assets combined, every piece of land, real estate, all savings, all companies, everything that all citizens, businesses, entities and the state own is worth $193 trillion.
That number is also full of air just like the US stock market.
US total debt: $90 trillion
US unfunded liabilities: $169 trillion
Total: $259 trillion
Minus all US assets: $193 trillion
Balance: – $66 trillion
That’s $66 trillion of debt and liabilities after every asset in the US has been sold off.
Do you understand?
So even if the US could sell all assets at the current value, which is impossible, it would still be broke.
The US is beyond bankrupt.
This patient is already dead.
This patient is now a zombie.You probably wonder why are things still going? Why didn’t everything collapse yet.
It’s all perception, denial and dependency.
The perception is that the US has the largest economy and the strongest military in the world. But in reality the US is broke and can’t afford its army.
The denial is that all nations depend on a strong USD or global markets collapse.
The reason why the US zombie keeps going is because the end of the US is the end of western prosperity and an admission that the current system failed as a model for the world. It doesn’t change the reality. The collapse is inevitable and coming.
What are our leaders planning?
You may have heard about the ‘great reset’ or the ‘new world order’. Is it a controlled demolition of the global markets, economies and the world as we know it?
A shift into a new dystopian future where the elites are the masters of the slaves without the cosmetics of democracy?
Without a controlled demolition the world will collapse for all, including the elites. The world has changed so much and nothing seems to make sense anymore, the blatant corruption is out in the open, the obvious propaganda media, the erosion of our rights.
What’s the end game?
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
The hangover from decades of hardcore partying. Oh what a tangled web they weave.
yup. some of us have been saying that for quite a while now.. that the ruling elites have finally realized that the party’s over and that in a chaotic (i.e. by letting things take their course) collapse they lose everything, and that they have been trying to carry out a controlled demolition (using that very term) in hopes that they manage to remain on the top of the heap.
thats their idea ta least. they dont have a very good understanding of how real world processes are, well, chaotic. their controlled demolition is already yielding unintended consequences and even though i fully expect them to get even more hysterical and psychotic about it trying to keep their grip on power, it will only spin further out of control. How much destruction they do on the way down merely out of hatred and spite, is another total unknown.
at some point one really feels a need to reach for the vocabulary and archetypes of religious eschatology to talk about current events (whatever one’s personal feelings about various religions might be!).
btw, when the first real big bump (the speeding vehicle ran into the guardrails , throwing sparks and flying bits of body trim and shattered turn signal covers all over the road) came somewhere in the 2005-2008 timeframe, when net energy available to this civilization stopped growing (now it’s declining) , even most of the ruling class didnt know what to do. most of them had no clue that net energy was peaking, or even that it was possible or likely to happen soon.. for several years they wildly tried all their usual tricks to ‘stimulate’ their economic machine, ever more puzzled why it wasnt working and trying ever more outlandish tricks hoping to get it working again (back in 2000 if we’d have had a talk about negative interest rates wed likely have been entirely certain nobody would stand for it and it would simply fall dead on the table and be forgotten, for example).. it took them some years to really comprehend that the party was over. maybe not all of them have figured it out but enough of their moves have shifted into the much more sinister controlled demolition effort, an even more desperate move than anything before.
Energy isn’t the problem, the way it is used is.
well, yeah, when the way it is used is ‘late 20th century technological civilization’ the outlook is guaranteed hopeless.
but there’s no easy path for all those billions of people to take to go from living that story, to living a more realistic way, and even more importantly, the ruling class were/are in no way inclined to relinquish any of their power, wealth, control, any of their fancy toys, anything really, all of which was part and parcel with the same civilization. their implied demand was that everyone stays on the ship, everyone goes down with the ship, anyone sneaking into a lifeboat, or even diving overboard to swim away, is to be punished with a vengeance to set an example.
any attempt by ordinary people to solve our own problems or adapt to our own predicaments, has been shut down vith extreme prejudice by The System.. and most people havent even gotten a clue yet anyway!
“How much destruction they may do on the way down” is what worries me most about the mess in Ukraine. If our elites have a suicide wish — and I think many of them do…
…then they’re likely to launch a global thermonuclear holocaust.
Vladimir Putin will not initiate it, you can count on that. But the satanic Great Reset ghouls sure might.
Crazy question. Let’s say people who haven’t turned in their guns can’t by food or gas or their bank account is stolen. What is to stop a lonely, bitter, angry and socially estranged person from saying “If I can’t have things, than neither can any of you!”
What happens when he next shoots out all the large transformers (not the cute cars and trucks) and everybody’s electricity shuts off. Now, nobody can buy food or gas or access their bank account or the internet.
What happens when others, just like the first, notice that whole cities become sinkholes with just a few (compared to stock on hand) rounds of ammunition.
Hold on, bumpy ground ahead.
and even if that doesnt happen, their much bigger problem will be ensuring there’s anything to _buy_ with those digibits. Look at venezuela.. the enforcers there might still get some worthless salary in bolivares, but their real occupation anymore is mafioso/gangster , slipping into a new arrangement somewhere between feudalism and barbarian raiding parties. nobody’s social credit score in some iGadget app or some digibit snowflakebux account means dick down there.
and maduro did try a ‘cryptocurrency’ for a short while , must have been a whole 30 seconds before it became a complete and total joke, but for a short while he did try to make it necessary to pay for some things (i recall, one could not get or renew a passport without paying some amount of ‘petros’ among other things).. but nobody hears anything or gives a shit about that anymore.
There have already been test runs of just that sort of thing
https://money.cnn.com/2015/10/16/technology/sniper-power-grid/index.html
^^^ Why I have been telling people to get some solar, even if it just enough to run the fridge. Not because it makes financial sense, but because it makes TEOTWAWKI sense.
One way or another, the grid will go down. The Empire will shut it off or the Rebels will blow it up. It is the inevitable to me. Who and when just depends on when it is most advantageous.
Lightning could do the same. We hang by a thread and would depend on enemies for transformers. I recall some being taken out by AK fire. Perhaps it was this incident. A fraction of that would be necessary with M1 or M14 rounds or larger. One shot of .50 BMG per unit would be enough. So we are looking a $5-$10 per transformer with one or two rounds of .50 per unit. Billion Dollar facilities can be taken out for a few hundred Dollars from more than half a mile away. This has me concerned. FJB.
and that’s supposing that poor or nonexistent maintenance doesnt take them out first!
Don’t be a dumbfuk and live anywhere near the east coast and blue cities. You’ve been warned.
The USA!USA!USA! is deep in debt, bankrupt and just prints money out of thin air?? Holy Shite, say it ain’t so, Joe!!!
Sorry I’m such an asshole. So downvote me, I deserve it.
I just don’t like people who change their names …. in this case, a tech dude who goes by “Dotcom”?? Gimme a break you self-absorbed egotistical prick! BTW, his real last name is Schmitz. And he has morphed into a fatfuk.
=================== =
.
FWIW (absolutely nothing), it’s why I’ve loathed Joe Theismann …. even though he’s a fellow Austrian and New Jersey dude. He was a quarterback for Notre Dame and the Washington Redskins. Here’s the rub ….. he himself admits to changing the true pronunciation of his name (Thees-man) to Thighs-man so that it rhymes with Heisman (as in the Heisman Trophy) … hoping to influence the voters to give him the award. What a pretentious cocksucker. Fortunately, it didn’t work …. he came in second to Jim Plunkett.
He has always been a fat fuck. Also pretty smart with legal problems galore. Caveat emptor with whatever he says.
But Putin’s the bad guy…
Stop spending and propping up the bloated corpse of capitalism. Personally, commercially, governmentally.
“What’s the end game?”
You owning nothing, drinking roach milk and sharing a box car with three immigrant families down by the railroad tracks. If you don’t like that, there’s a nice labor camp waiting for you. Happy yet?
What’s the end game? … Georgia Guidestones.
Usually the simplest explanations are the most powerful.
This was no exception.
Fuck.
Kim Dotcom stating the obvious that’s been known for decades. The U.S. debt bankruptcy is upstream of what will kick off this future conflict into high gear — the bouncing of the EBT checks. There’s only one other possible major event that could start the conflict; gun confiscation. My bet is on the EBT checks bouncing.
They are already backing off guns beyond bullshitting with shitheads like Morning Joe and his Ho and other CNN and MSNBC psychos. EBT it is. They need us to thin out the herd before it gets to them. Based on that we need to be thinking several steps ahead.
You revalue the currency. Call in all old notes and give one new one for every ten or twenty, whatever works. . Make the old one’s unusable. Digital currency will make that a very simple process.