Anthony Migchels - A Financial Crash is Inevitable

This graph shows how easy it is to get a mortgage. Mortgages represent the by far biggest type of credit to private individuals. This has been ongoing for three quarters already, and now home builder confidence is cratering too, as a result of less people looking for a house.

This is not exactly unprecedented, but previously the Fed had been around to bail out both the Banks, and the real economy with additional liquidity. And these days are now over.

The fact of the matter is, that the Fed are forced to concede. They cannot continue bailing out both the Banks and the real economy. Not without creating a hyper inflation.

What’s next?! A crash of financial markets is unavoidable. However, the crash will be sold with a ‘reset’ of the Financial System. This will involve not bail outs, but bail ins: creditors, shareholders, and depositors will be made to pay.

All signs indicate they will claim ‘cyber attacks’ did it. Jerome Powell, only a few months ago, said that ‘cyber attacks are the main threat to the financial system.’ It could well be that we will have bank holidays in Western countries, while these bail ins take place. Perhaps also in the US.

Crucially, we’re not just talking ‘a correction’. Also not a mere ’1987 type crash’. We’re talking bank defaults. And not of small banks, but of the very biggest. It has already happened: the crash in the repo market in September 2019 implied that the big banks didn’t trust each other’s collateral. The $4 Trillion bailout that the banks got in the weekend we were locked up, mid March 2020, gave them a respite. But nothing real has been solved. Wall Street’s derivative bubble is bursting, together with the debt bubble.

November last year, the World Economic Forum ran an exercise involving such an event, caused by ‘nation states and criminal cartels’. They predicted that the Big Wall Street Banks would ‘have to merge to fend of the attack’. ‘To merge’ is Newspeak for ‘we’re bankrupt’.

Conveniently, cyber attacks have been on the rise the last few months. A German municipality was struck, and couldn’t pay its bills, nor sustain many of its basic operations. The Irish Health Service was hit. And they’re escalating. Last week, Zion was ‘attacked by China’.

Everything bad ‘comes from China’ now. They’re the big bogey man, because the NWO is whipping up a Cold War between the US and them, one that is likely to end in WW3. But of course, China was built up A to Z by Wall Street, and no, they didn’t ‘launch the virus’, nor do they have any enmity towards Zion. They’re already running Haifa, in a 20 year contract, connecting it to the Belt and Road Initiative. Jerusalem too is going to be a major hub. It was just an exercise for things to come.

What is coming is much worse than ‘just another correction’, or ‘recession’. This is the end of an era, of money growth. We’re now facing a monstrous deflation, which will be the cause of the Greatest Depression.

The Greatest Depression will be much worse than the Great Depression. In that deflation, the money supply shrank with two thirds between late 1929 and 1933. It was bad, but it was not genocidal.

We’re now nearing the event that Deagel claimed would lead to massive depopulation in the West. Their numbers are based not on ‘vaccinations’, dangerous as they are, but on the financial calamity that we’re in the middle of, and which is coming to a culmination.

Look at it this way: we’ve had 76 years of monetary expansion, basically the post war boom. Especially since the closing of the Gold Window by Nixon, which is actually exactly 50 years ago. And it is this expansion and associated economic growth that is going to be turned around.

And while the debt bubble deflates, which is catastrophic enough, we will be dealing with rising prices at the same time. Especially for food and basic necessities. The Dollar will lose a lot of value vis-a-vis China in the years ahead, and this will lead to much higher prices for imports from there, also for energy. Lockdowns and other contrived chaos will keep pushing prices higher.

It will destroy the West, and its demise will pave the way for the now manifesting World Government.