I have warned for a long time that the Federal Reserve is planning to destroy the U.S. economy by: printing the U.S. dollar in exponentially riskier quantities until it blows off the charts and crashes, and by easing credit and rates until the average individual and corporate debt loads are so enormous that the resulting massive distortions in the economy suddenly bring on an economic heart attack, leaving no possibility of a short or even medium-term recovery. That day is here!
There is nothing more important in your life right now than the exceedingly dire economic crisis unfolding as I write, and the state of your soul!
In other words, if your spiritual house is not in order, the building financial collapse will be so horrible that you will not be able to emotionally or mentally endure it, and I am addressing the healthy and strong here.
This collapse will knock you out cold, flat on your back, with violence, and most of mankind will never get back up. While the elite are sending signals to their friends that the switch has been thrown, that final preparations for safety are now in order, they are not saying how bad it will be. That is why I began this site, because I could not find anyone, even doomsayers, who spelled out clearly what is at stake here. I believe that even the elite, such as Sir Templeton (more below) do not fully understand the implications of this crash - that this is the end of America as we know it.
That great criminal enterprise - the Federal Reserve - has accomplished step #1, trashing and ending the dollar system, culminating a multi-year, massive, insane inflation of money supply and credit. The Illuminati corporations such as Freddie Mac, Fannie Mae, Farmer Mac, FHA, GM, Ford, and GE (which are actually banks), worked hand-in-hand with the Bank Cartel on this sickening, twisted game, switching from pumping credit cards and cars (which have gone to zero percent financing 12 months ago) to a last-ditch horrendous push into mortgage lending. This insane lending will destroy the lending institutions themselves, as Ford and GM are well aware, but the elite do not care, as after this collapse, there will only be one corporation in the world, and they are all pulling together to put everyone as deep into debt as possible, to assure than no American state or corporation or region will survive when the debt mountain suffocates all life. This is why so many CEOs are bailing out with insane profits from questionable practices which would normally ruin their career for life, as they have raped their corporation (the latest is Grasso of the New York Stock Exchange); but they know the game is over, and it is now or never - this is their last chance to make millions and move to an island, for insiders are able to see that the economy is literally going to hell, and it will not climb out of hell in their lifetimes. (Some of these characters believe they have a room reserved underground to protect them from what is coming. Some are correct in thinking this, some are not. But many of those underground cities will be death traps, so you had better think twice before paying millions for your reservation. There are earth changes coming that will fundamentally rearrange the crust of the earth, most likely including your future bedroom.)
The U.S. growth rate (GDP) in quarter 3 will probably be artificially doubled, as is the U.S. government custom of late, but it will be such a ridiculously high number, that it should be obvious to all that the massive inflation from the Federal Reserve (and mortgage friends) has led to a final blowoff from the massive liquidity and credit push over the past 9 months. But the housing market is so overpriced and overbought that mortgages are plunging despite the cartel's best effort to postpone the long-planned crash with dangerously wild lending (why they are postponing is not yet clear to me, everything appears ready).
The two great props of the deathly-sick US economy - housing and cars - are gone forever, and can no longer be used to cover up the rapidly worsening fundamentals. Indeed, many are recognizing that these two alone - especially artificially low mortgage rates - have postponed a deep crash which should have occurred 2 or 3 years ago. Sadly, this extension has not been helpful, but has served a very useful purpose for the money elite, namely, greatly deepening private and corporate debt loads, exploding red ink in state and local budgets to dangerous levels, emptying pensions, creating a fatally large and exploding US budget and trade deficit, moving millions of jobs thousands of miles away, and expanding the dollar and derivatives mountain to ensure a global panic. This has been carefully coordinated worldwide from the headquarters of all world central banks, in Basel, Switzerland.
You just don't have a clue how dead serious this news is!! My guess (and experience) is that less than 1 person in 100,000 understands how horrible and total the economic devastation will be in America. Personally, I have met only one person (a broker in Los Angeles) who understood what was coming. I met him in 1999, shortly before Sir Templeton said to get out of stocks. I considered this broker in LA to be a maverick, but expected more and more people to see the danger as the months went by. I was wrong. Literally, no one gets it. People all around me and around the world are saying the bottom has been reached, that the light at the end of the tunnel is growing. They live like everything is normal, going to the opera and movies, vacationing like life is normal, as if there was a future of freedom and opportunity awaiting us in the years ahead, as in the past.
But someone who understands that life on this earth as we know it will end, lives a radically different lifestyle. When you see what is coming, and more importantly, why, and from whom, then movies, weddings, opera and building for the future suddenly lose all value. I recently wondered aloud to my wife at the dinner table, "how can the world laugh so heartily, when their lives are so empty and lonely, and when such tragedy and horror approaches the earth?" Her reply was classic. "I have always wondered the same thing." I have married well.
If the Bankers are coordinating the financial destruction of the US, it follows that a time will one day arrive when they are suddenly given a secret signal to coordinate a "take down" of the U.S., after debt loads and dollar weakness is established. That time has arrived.
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