Well, folks, we’re here.
(Capitalist Eric) Over the past decade I’ve written a few essays on the coming economic collapse of the USA. I noted in 2013 that the on-book national debt was an estimated $16 Trillion. The actual debt using Generally Accepted Accounting Principles (GAAP), which includes all off-book obligations (promises of future payments such as Social Security, government retirement accounts, Medicare A & B, et.al.) was $238 Trillion. Today the on-book debt is $30.3 Trillion, not quite double what it was when I last wrote about this. We can reasonably assume the total debt according to GAAP is similarly doubled, all in at $450 Trillion.
HOW does one mentally conceive of such numbers? I’ll put it in simple terms; if you printed 450 trillion $1 bills, they would create a layer of paper covering the entire planet that’s ½” thick.
Every mountain, stream, ocean… everything. Remember this when you’re next driving around, and you look out the window of your car. ½” thick layer of paper over everything you see… And that assumes there’s no wrinkled bills, no air in between bills, just perfectly stacked. It took me several hours of measuring with a dial-caliper and then plugging in the data into an excel spreadsheet… too many zeros for a calculator.
The rest of the world loaned us such vast sums, merely because the dollar was the worlds’ reserve currency. And that worked, when the USA produced things of inherent value. Oil and gas, manufactured goods, electronics, software, infrastructure products, even textiles. These days we manufacture dollar bills (or digital currency), and shoot anyone who rejects them. But these strong-arm tactics have worked up until now because we basically slapped around weak countries to keep them in line. Anyone who attempted to “de-dollarise” has had economic sanctions put against them, or invaded, or “revolutions” fomented to facilitate the execution of such leaders who would dare to challenge the dollar hegemony. THIS is the real reason for US troops in Iraq, the desire to go to war with Iran, the NATO attacks of Libya, the attempts to start a war in Syria, the destabilization efforts in Turkey. In every single example listed, the leaders of those countries had announced their intentions to bypass the dollar. Even now, when Saudi Arabia announced they were negotiating with China to sell oil in Chinese Yuan, a missile was mysteriously launched from Yemen somewhere that wiped out a huge refinery in Saudi Arabia within a few days; quite the coincidence.
Speaking of Saudi Arabia, the country is now run by the Crown Prince Mohammed bin Salman, since the King is apparently an invalid. A source told me last year that Prince Salman had openly demanded of his generals, to buy Chinese or Russian military gear; he was told this wouldn’t be possible, due to losing support from the USA. I don’t understand the dynamics of the situation of the time, but the Afghanistan withdrawal debacle has demonstrated that the USA is a paper tiger, and undependable as an ally.
No surprise, considering our “woke” military generals, decrepit and fraudulently “elected leaders” like pedo-Joe and his sidekick “ho,” whose only apparent core skill is the ability to suck-start a J-58 jet engine. Oh, and don’t forget Nancy “box-wine” Pelosi and stolen-valor Senator “Dick” Durbin. Yeah, good luck in the next election. But I digress…
The point is, the Bretton-Woods-2 agreement was already on death’s door, and the intentional actions of the Deep State (who use Biden as a puppet) are destroying the credibility of the United States, have pulled the last vestiges of support for the dollar as the worlds’ reserve currency status by forcing Russia and China together… and now here we are.
I’ll be honest, I fucking HATE it when someone brags about their resume, “I’m a mechanical engineer, and I know this (*stupid*) idea will work…” But I need to give you a quick thumbnail of my background, so you understand the basis for my conclusions. It’s not because I’m bragging, because nobody really gives two shits about such things in my line of work, anyway… If you boiled it down, I’m an over-educated gearhead with a knack for crunching numbers and trying to make sense of the whole economic system as a personal hobby.
In short, I was a nuke reactor operator on fast-attack boats in the Navy, and stayed in the engineering field while I went back to school, boot-strapped my way through a Bach. Science in Managerial Economics (a “super” finance degree), an MBA and then a Doctorate of Science in Information Systems… basically data analysis.
Next… I typically hyperlink my data points so you can go look for yourself, but not this time. A lot of bloggers who make money off the “hits” to their sites often repackage the same old shit 20 times, never saying anything new. I’m not one of those bloggers; I have a job (so far) that pays well enough I don’t have to whore myself out with doom-porn.
My motives for writing this stuff are, first of all, to keep myself sane. Having studied this shit for so long, in an academic manner and predicting what’s coming, is one thing; now I’m watching it happen in real-time, and it’s freaking the shit out of me. Next reason is simply the hope that, by providing real, actionable intelligence, you can better position yourself and your loved ones to survive what’s coming. While I’m a published author in another field, I don’t make a dime off of this work, and at this point in time, I really don’t give a shit about money.
Since I’ve laid out a lot of what matters already, I’ll ask you to PLEASE review these three posts which I’ve written over the years, and then we’ll go on…
HERE WE GO
To begin with, the shitty, corrupt system that’s been in place since 1913, which is the ultimate Ponzi scheme- is finished.
In 2015 I listed several scenarios which could torpedo the dollar:
–China announces the yuan will be a gold-backed currency
–China announces they will no longer accept dollars for international commerce
–Saudi Arabia (now heavily backed by China) announces they will no longer accept dollars for oil
–China and Russia announce they’re dumping all US debt instruments
I was wrong; our leaders created a situation where bullets 2-4 have happened, or will soon. And ironically enough, Russia just backed the ruble with gold, so bullet one is somewhat covered.
In short order, our phony leaders have basically forced China, Russia, India and even Pakistan to join up, and permanently yank the carpet from under the fiat-money banking system that the globalists base their power on.
No bullshit, that’s just the truth. You can debate about the whys, but that doesn’t have any practical value for me, so we’ll move on to what that means, what’s coming, when, and give my recommendations of what you can do to best prepare, in the very short time we have left. And yes, I’m following my own advice on all of the things listed, as my funds and circumstances allow…
When the USA and its vassal states kicked Russia out of the SWIFT system, those same European countries, at the direction of the USA, also confiscated $300 BILLION worth of reserves that Russia had, violating the fiduciary trust of those same countries, AND made it so that those countries could no longer pay Russia in euros or dollars. Putin basically said, ‘you cut off our access to your currencies, you STOLE our money, and yet insist we accept your euros or dollars, through a system we can’t even access…? NO. You need natural gas, you need oil? Fine, you pay for it with either OUR rubles, or gold. We don’t run a fucking charity around here, ok?”
The net result is that Russia has been pushed straight into China’s arms, with the MIR financial system Russia has built over the last decade (they could see where this was going, and got ready). China is now using the MIR system, along with India and Pakistan. It won’t take long until poodle countries of Europe are forced to dump their euros and dollars, to buy gold or rubles, to keep their countries from literally running out of gas…
Combined with Operation Sandman, where 130+ countries are all lined up to repudiate the dollar simultaneously, it means that the rest of the world is going for a little payback for all the shit the US government has pulled since… oh, 1913? Yeah, they’re all lining up to give us a swift kick in the teeth.
What this means is that our paper currency will quickly become as desirable as Marks in Weimar Germany. And if you think that’s an exaggeration, you might want to check out the amount of money printed by the US government in the last couple of years… that grey spikey thing on the right? Yeah, that’s hard cash printed out… remember those pallets of $100 bills which were carried on C-130 planes to Iran? Yeah.
And forgive me for quoting myself, but I still stand by me earlier predictions:
“When that happens- and it will- the price of imported goods will go through the roof almost overnight, as every country will attempt to get rid of their dollars while they still can, and use some other currency for international trade.
The dollar will be dumped as the worlds’ reserve currency, in a cascade as other countries holding dollars run for the exits. When this happens, the price of products that are imported will go up by 4-5 times, almost overnight (my best guess). This is the logical result of the Cloward-Piven strategy writ large.
The price of oil- when no longer priced in dollars- will have ripple effects that will cause suffering on a scale never before seen in America. Consider the trucking industry, in a very real way, feeds the country. The food you eat, the clothes you wear, the furniture in your house… even the building materials for the house itself, were all delivered by truck. As the price of fuel skyrockets, trucking companies will attempt to pass on the costs to their customers (stores like Wal-Mart, for example), who will in turn pass it on to the consumer. Will the consumers pay so much more?
Consider that while those desperate people who live on the dole might still get their checks (or “deposits” on their EBT cards), it will no longer be able to buy anything, because the prices of everything have gone up 500% overnight. What will happen in the inner cities, when people realize they can’t put food on the table, much less put gas in their cars? Gerald Celente summarized it best: “when people lose everything, and they have nothing left to lose, they lose it.” And they will.”
Notice, I said above, that the non-productive welfare citizens might get their payments, but there’s historical precedence which indicates this might not be the case. A very close friend told me about her experiences in Russia, during the collapse of the Soviet Union.
“One night, we went to bed, and everything was fine. You had, say, 2000 rubles in the bank- enough to buy a car. We woke up in the morning, all the banks were frozen, no transactions allowed. This stays for about two months, while they devalued the currency. When they finally opened and allowed us to get our money out, 2000 rubles was enough to buy a T-shirt.”
I believe that is EXACTLY what will happen to us. It’s not question of if, only when. And I don’t think it’s going to be long, at all… In the Soviet Union, they didn’t announce it (of course, the high-up politicians knew)’ it was a sneak attack. Even the crooks- who we now call “oligarchs”- didn’t know.
In effect, the initial devaluation made the cost for everything go up by 100x. Try to imagine buying a loaf of bread for $500; how long before you run out of money to feed your family?
Later, the government switched to a new ruble to replace the old one, again devalued. Every family was allowed to convert, say, $10,000 worth of currency. Any excess of the limit they set, which couldn’t be converted, automatically became worthless after a certain date. I remember seeing photos of pallets of cash dumped in the woods, rubles that couldn’t be converted… My Russian friend predicts that the USA will do the same here, to prevent the trillions of cash dollars used to bribe people all over the world from returning to the USA and exacerbating the hyperinflationary collapse we’re already in.
It’s also important to keep in mind, there are laws now on the books where the banks can- and will- confiscate your money, during a financial crisis, to keep themselves afloat. Legally, when you put your money into a checking or savings account, it’s not your money anymore; you’re an “unsecured creditor.” And if they want to, they’ll take your money, and the FDIC will not cover the loss, because your money wasn’t stolen, as it wasn’t your money anyway. See how that works?
And do you see why Biden signed an executive order to facilitate digital currencies? If your money is digital, it can be confiscated or they can at least stop you from transacting any more (cryptos).
It’s actually quite simple; anything you don’t have in your physical possession, you don’t own. If it isn’t physical cash in your hand (or under your mattress, or whatever) you don’t own it, and it can be stolen from you in the blink of an eye (think of everyone who donated to the Canadian truckers).
How to maintain your wealth, or whatever purchasing power you have saved up? Buy gold or silver, as much as you can, as FAST as you can. If that’s not available to you, store up extra food for trade/barter, later, as everyone needs to eat. Buy chickens, build a coop out of an old shed or any scrap building materials you can get your hands on (but make sure you can protect them from thieves of the four (or two)-legged variety. Buy a few 100# bags of chicken feed from your local farm supply or co-op. Eggs will be worth a LOT. Anything physical is better than the paper notes which will soon be worth nothing.
Due to the Russia-Ukraine conflict which NATO incited (and exacerbates to this day), Russia was kicked out of the SWIFT financial transaction system by all of America’s poodle countries. As a result, there will be no potash shipped out to most of the world- a necessary ingredient for high crop yields around the world. Food shortages, famines and starving to death are now a foregone conclusion, as the prices of food go up beyond what literally hundreds of millions will be able to pay.
Russia has been stockpiling food, and last week Putin announced to his people on Russian TV that the country had five years of food stockpiled, so they need nothing from the USA- or frankly, anyone else. China has stockpiled 18 months of wheat to feed their people, but their agents are busily moving around America buying any stored wheat they can get their hands on- by the trainload, at whatever price they have to pay- and sending it on cargo ships back to China.
The results here will be food prices going steadily up in the USA for the foreseeable future. I’m seeing 15-20% increases in the grocery stores, on a month-to-month basis, right now, and those increases will get much steeper. With no potash and already exorbitant prices for natural gas- both absolutely required to produce fertilizer for high crop yields- we’re going into a period of not just “food shortages,” like Brandon said, we’re going to be facing our own version of the Holodomor famine of 1933. Think of this starving woman with her son…
Or this family starving in their own yard:
Food prices will eventually go exponential, and finally won’t be available at any price, since fuel won’t be available for trucks, there simply won’t be any food available and even if there was, nobody wants to make a delivery to a place where there as likely to get shot as paid with the worthless money. The blue cities- hives of humanity more parasitical than productive- will face escalations of violence, famine, starvation and eventually cannibalism, as a result.
Keep in mind, this is going global. The only countries that’ll make it through reasonably “ok” will be Russia and- maybe- China. But I’m not holding my breath about the latter. The 2nd and 3rd-world countries will be the leading edge of the misery, as their populations live closest to poverty, and any significant price swings of food automatically mean they starve to death. But it will still hit here, HARD, and if you aren’t ready, there’s a good chance you’ll be relying on Brandon to save you… and then you’ll become a statistic.
My advice is to get as much food as you can get your hands on immediately. Understand, it really doesn’t matter how much food you have in your pantry, it ain’t enough. Make sure to get things that you and your kin will really eat, not stuff that will technically keep you alive, but your kids will refuse to consume because it doesn’t taste perfect. If you can get a YEAR of food stored away, you’ll be ahead of 95% of the crowd, who doesn’t have more than a weeks’ worth of food in their whole house. If you’re on city water, find a way to store it (plenty of videos on this sort of thing out there). If you have an electric well, find a way to power it if the utilities go off, or get a hand-pump if possible.
After the food completely runs out, the city parasites will start foraging out into the countryside, basically as far as the remaining gas in their cars will carry them. And with deteriorating mental capacity brought about by hunger, they’ll have lost their inhibitions about killing you for a can of Dinty Moore beef stew.
Police will too busy with attempting to “maintain order” of millions of hungry people, to worry about minor annoyances like rapists and murderers; they’ll roam freely among the weak and the desperate, predators amongst prey.
Which leads into our next subject…
If you have no weapons at this point, it’s almost too late for you. Find weapons in common calibers. This means .38 Special for revolver, 9mm for semi-auto pistol, 5.56mm AR-15 rifle, .30-30 lever gun or a .30-06 bolt gun if you can find it. Stick with common calibers, get as much ammunition as you can. Even a good hunting rifle is better than nothing. Be familiar with it, know how to use it, understand gun safety protocols so you don’t accidentally shoot a loved one.
Another aspect that people don’t think about, is edged weapons. Amazon has some amazing deals on Wakizashi-type swords (like miniature samurai swords) made of 9260 spring steel, which can be wielded one-handed by an adult or two-handed by kids, if needed. They can be made razor sharp, don’t require ammo, and are quiet. Finally, they don’t require background checks. Check out K-bar knives, as well. A good knife is useful not only as a weapon, but a tool. Get one, get used to carrying it all the time.
I’ll keep this short and sweet: The old cliché remains true; no man is an island. You’re NOT going to stand watch over your home 24×7 forever, you’ll need help and a community to work with, for mutual defense. The Civil Defense Manual by Jack Lawson will help you get started on this aspect, and you need to move with a purpose, right now. (And no, I don’t make any money mentioning the manual.) Move quickly, because if you don’t, there’s a very real possibility that you won’t survive this.
An old Japanese proverb applies: “preparation does not guarantee success, but the lack of preparation guarantees failure.”
I will tell you straight up, the global famine is coming, there’s no way to stop it. It WILL happen, I am 100% certain of this. Do you remember when COVID hit, everyone finally realized they needed to hit the local CostCo or Walmart or whatever, and stock up on food and toilet paper? People punching each other out for a bottle of hand-sanitizer or a 4-roll package of butt-wipe? Or even better, the buyer behavior of people trying to get ‘deals’ on Black Friday, right after Thanksgiving? Riots, shootings, the whole shebang of crazy behavior…? Multiply that by 100, for everyone wanting to get FOOD. I figure the crowds will start to figure it out by mid-May… earlier if we’re unlucky, later if we are lucky… but the mob-mentality of people trying to buy food before the shit hits the fan, will cause the shit to hit the fan… Food riots, all of it.
I also will state with absolute certainty, that the dollar collapse in imminent. It may be within days, weeks or within a few months. I seriously doubt we’ll make it to the November elections before it really kicks off. IF the dollar collapse happens more or less at the same time people are scrambling to stock up on food, it will get to a level of ugliness that people haven’t seen since at least WW2. And not just Americans, but everyone in the Western world- having lived a life of relative prosperity- are in for a brutal awakening to reality.
Do whatever you can to prepare, while you still have time. Food, water, storing your purchasing power, and weapons to defend your loved ones. Remember, your mental fortitude will be the biggest determinant on whether you make it or not. MENTALLY prepare yourself.
Godspeed to us all.