2018 The Year of the Crash??
As we enter the year 2018, I cannot help but wonder if this will be the year of the greatest economic crash the world has ever known. I know here in the US everything looks great, especially if you listen to the Main Stream Media. The stock market is at all time record highs and the unemployment rate is close to a record low. Housing and auto prices are at all time highs and Trump is in charge, so what could go wrong. While everything seems great in the economy, I will explain below that it is all a grand illusion and things are not as good as they look on the surface. The main stream media has done a great job of making people believe that we are in an economic boom, but in reality since March of 2009 we have been living in a grand deception and the system will fall apart sooner or later.
First, we have the stock market which is at all time highs, not only here in the US but all around the world. You would think that business is booming and average people all over the globe are buying stocks in record numbers. Companies are expanding by selling more products and hiring more people. This is not exactly the case and let me explain. There are 3 reasons why the stock market is going up almost without interference and none of them include average people buying stocks in record numbers. The first reason is the central banks buying stocks directly. The Federal Reserve Bank of New York has a trading desk set up on Wall Street and they continually buy stocks to keep the system afloat. The second reason is the large banks that own the Federal Reserve and other central banks around the world are also buying huge amounts of stocks as well. The central banks have funneled money into these large banks, through the back door so to speak, which has allowed them to buy huge amounts of stocks, bonds, and other paper financial instruments. The third reason the stock market is rising is because large corporations are buying back their own stocks. This has also kept stock prices from sinking for these large corporations. Estimates vary wildly but needless to say, we know that multiple trillions of dollars have been pumped into the financial system since March of 2009, when the bailouts and stimulus programs kicked into high gear. While there are some individual investors that have made a lot of money with these rising stock prices, the vast majority of individuals do not even own stocks. The system is being propped up by this artificial money printing and the powers that be have complete control of it now. We no longer have a free market anymore and the best evidence of that is the fact that the Dow Jones Industrial Average has not even had a 10 percent correction in almost 9 years now. Normal markets go up and down and we do not have that anymore. People will buy stocks, which will make it go up and sell stocks to take profits then stocks will drop. With the endless fiat money supply being pumped into the system by the powers that be, the system no longer functions normally. Some people even make an argument that the reason the tax cuts were passed recently is to keep this going a bit longer. The corporate rate will go from 35 percent to 21 percent this year, which will greatly reduce large corporation’s taxes. Instead of building new factories and hiring more people most of these corporations will take this extra money and put it into stocks, bonds, mutual funds, etc. This could keep the market rising for a while longer. This is certainly a possibility, although I am not sure it will last for as long as people think.
In addition to the fake stock market we also have the largest amount of debt in human history. If you look at the US we have what is being called “the Everything Bubble”, which is just a huge amount of debt that has blown up tremendous bubbles throughout the system. We have record high debt in every sector of the economy now and people think that this debt will keep going and never blow up. Of course if you look at all of human history, this has never happened before and the US will not be the exception to the rule. Here is a list of the 7 areas of our economy where record debt exists.
- Record Credit Card Debt (over 1 trillion last time I checked)
- Record Auto Loan Debt (over 1.1 or 1.2 trillion now I have read)
- Record Student Loan Debt (over 1.2 trillion or around that figure)
- Record National Debt (over 20.5 trillion dollars)
- Record Unfunded Liability Debt (over 100 trillion dollars)
- Record Derivates Debt (over 1 quadrillion dollars Wow)
- Record Mortgage Loan Debt (I believe it is 12 to 13 trillion or in that neighborhood)
In addition to that Americans have a record or near record low savings rate on top of it all. With this pressing debt how does anyone think that everything is going to be okay in the future? Of course the main stream media will never talk about all this debt, which is part of the great deception. When the bills come due and we cannot pay all this debt back the system crashes and it will never be the same after this point.
In addition to all this we had a record amount of store closings in the US during the year 2017 and it is expected that thousands of more stores will close in 2018 as well. The main stream media will tell you that the reason all these stores are closing is, because most of the retail market has moved to online sales. While online shopping is certainly increasing in 2016 (latest numbers available) online shopping still only accounted for less than 10 percent of the total retail market. I am sure 2017 will be higher, but it will probably only total about 12 percent or so, which means 88 percent of buying is still done at brick and mortar stores. The primary reason all these retail stores are closing is because people have so much debt, they are spending less on retail and the stores cannot make it. Even Subway, which is a discount sandwich shop closed over 900 stores in 2017 across the country, which has nothing to do with online shopping, because people still need to eat.
Going back to the unemployment numbers the reason that is so low is because the U3 number that is reported by the main stream media, which is about 4 percent are only people who have been unemployed for the past 4 weeks. Once you are unemployed for longer than 4 week and up to a year then you are counted in the U6 number, which is also published by the Bureau of Labor Statistics, but is not reported by the main stream media. If you look at that number is it about 8 percent or double the U3 number. In 1994 under the Clinton administration the way unemployment was reported changed from counting everyone, to just people who are unemployed for certain periods of time. John Williams who runs a website called shadow stats publishes unemployment numbers the way it used to be done before 1994. According to his stats the unemployment rate is still over 20 percent, which includes everyone unemployed for a year or longer. That maybe a little high, but I am sure the real number is still way over the U6 number of 8 percent that is reported by the BLS. In some cities, the economy is doing pretty well, but in many parts of the country (especially rural areas) the economy is still in recession/depression levels.
One way the government has been able to cover up the recession/depression that the economy has been in for the past 9 years or so, is with the numerous welfare programs that exist and people are on. Back in the 1930s during the Great Depression people would be standing in soup lines, to get food and so those pictures made the depression very visible to anyone who looked around. Today we do not have soup lines, but we have something called food stamps. We actually do not even have food stamps anymore, but each person on the program gets a debit card. If you are standing in line at the store and the person in front of you is on food stamps you would never even know it, unless there was a problem with the card. The person on food stamps will pull out a card that looks exactly like a credit card and swipe it on the pad, just like anyone else paying with a normal credit card. While the amount of people on food stamps has gone down a bit in the last few years, it is still near historic highs. Of course none of this is noticeable to the average person anymore, because everyone just uses a card to buy food so there is no visibility to it. In addition to people on food stamps, we also have a record number of people on Social Security, Medicare, Medicaid, Obama Care, and various other welfare programs that the government funds. Of course the government does not get these funds from tax money, because there is not enough, so they borrow it from the Federal Reserve and other countries, which increases the national debt.
If you ever wondered why we have had near zero interest rates for the past 8 years or so, you do not need to wonder anymore. There are 3 reasons for this and all of them have to do with debt. The first reason is to keep the housing market going. Most people would not be able to buy a house these days if the interest rates went to 5 or 6 percent, which historically is about the average. The second reason is to keep the auto loan and student loan system going. Again most people would not be able to afford a new car or to go to college if interest rates rose very much. The third reason is to keep the interest payments on the national debt from going to high. If interest rates rose, the interest on the national debt would skyrocket and the government would no longer be able to pay for that, plus all of the other programs it funds. The Federal Reserve is now between a rock and a hard place however, because the stock market has been going up so much, they must raise rates in order to keep the illusion alive that the economy is doing well, but if they raise them too much the entire debt bubble will explode. The Federal Reserve has raised rates over the last couple of years from near zero to about 1.5 percent but the bankers are getting dangerously close to raising them too high, so they are playing a tightrope game that will end badly either way for average people. The whole system is a house of card and all it will take is one of these to fall in order for the collapse to take place.
If you think that there is plenty of money in the Medicare, Medicaid, and Social Security programs you might want to reconsider that thought. While each of these programs is supposed to have over a 1 trillion dollar trust fund, because of the surpluses over the many decades since they started, in reality these trust funds do not exist. The idea was supposed to be that the trust funds would pay for participants in the future; once more people were taking out of the system then putting in. The problem is that Congress and the President over the years have taken this money out of the trust funds and used it to fund other programs. The main stream media will tell you that these trust funds still exist and technically that is true, but all that is in there are IOUs right now. In order to fund the trust funds they need to borrow more money in order to pay back the IOUs, which increases the debt. This all runs in a circle of debt, which will never be repaid.
When Trump got elected I said that when the bankers crash the economy he will be blamed. Through his first year, they did not have a reason to blame him for a crash, so they kept the system afloat. Actually I think Trump being elected gave us a little more time on the clock, because I believe the system would have already crashed if Hillary had won, but they would have blamed it on a war rather than her. Anyway in order to blame the crash on Trump the controllers needed to wait until they could blame something he did. If a war had started with North Korea, Iran, Russia, or maybe the situation in Syria got worse they could have used this, but thus far those situations have not escalated into full blown war. Now they have a reason to blame the collapse on Trump. The tax cuts are very easy for anyone to understand, because we all have to pay something in one way or another. I think in 6 to 12 months the main stream media will come out and say, because of the tax cuts the amount of revenue being received by the government has dropped significantly and now the government can no longer pay all their obligations. This will most likely happen in September or October of this year right before the midterm elections, allowing the Democrats to sweep in and take power again in the House and Senate. The other possibility is they keep the system propped up until September or October of 2020 and collapse it then right before the next presidential election. Of course there is a third possibility that they lose control of the system, which could happen at any time and the system collapses on its own, because the fundamental laws of finance come back into play. Although, it is possible the powers that be have such a firm hold on the system right now that I think they can keep it going as long as they want and hit the button at the right time to destroy it.
When the system collapses a new one will take its place and that is a one world system that the bankers already have ready to go. It will be a world tyrannical system that is controlled by a few rich bankers at the top of the pyramid. This has been the plan for a very long time and they are in the final stages before the transition takes place. All you can do now is prepare for the collapse of the current system. Please get your spiritual life in order, which is the most important and make the physical preparations necessary for a period of chaos that is soon to come.
As I have written many times before I am a believer in Jesus Christ as my lord and savior, so I would encourage everyone to look into to this and if you come to the conclusion that he is the true God of the universe, please accept him into your heart before it is too late. While there is no right or wrong prayer to bring him into your life a common one is something like what is written below. As JD Farag always says it is as simple as learning your ABC’s to accept him. First Admit you are a sinner, Believe Jesus died for your sins and he is Lord, and Call upon his name. Here is the prayer.
Dear Lord,
I am a sinner. Please forgive me. Come into my life and cleanse me of my sins and unbelief. I believe in you and in salvation through the blood of Jesus. I turn from sin and trust in Jesus alone as my savior. In Jesus name I pray, Amen.
If you prayed that and truly meant it, welcome to the kingdom. Please try to find others you can tell, who also know Jesus as their Lord and Savior and find a church as soon as possible if you are not already in one, so you can learn more and start your new life in Christ Jesus on the right foot. Things will not automatically change overnight in your life, but over time you will notice positive changes and have urges to turn away sins, you may not have even realized were a part of your life.
God Bless
Kyle
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