Famed Author Robert Kiyosaki is the inspirational author of “Rich Dad, Poor Dad,” the Number 1 selling personal finance book of all time, and therefore always worth listening to. As an outside-the-box thinker Kiyosaki has recently suggested that the U.S. economy is under so much pressure that it is in real danger of collapse.
He is also a long-time advocate of gold and silver as a way to protect wealth during times of financial calamity. Kiyosaki happens to be a very good friend of Donald Trump, with whom he has written two books. Kiyosaki is a consistent, long-time advocate of owning gold and silver bullion coins and bars as a way to protect and grow wealth, especially during uncertain financial times. Kiyosaki warns that an economic collapse is looming , we will all face setbacks.
Money will evaporate, jobs might be lost, and opportunities will vanish and appear in brand new places. Our greatest assets will be intangible, and measured in our abilities to adapt quickly, and to be less reactive to events. 40+ year-old credit bubbles to not end either easily or gently. Everything that people think they know about how things work, especially in finance and economically, will be ripped apart.
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Eventually we revert to how things were all through history before the great credit wizards got their hands on the levers. Capital is built up slowly from the efforts of humans, and banking and finance will be small portions of the overall activity, no more than 5% of the pie, dedicated to safely moving capital from A to B.
A world of pain as expectations are forced back down to reality. If we’re lucky that happens over many decades in a fairly predictable glide path. If we’re not lucky, then it happens rather suddenly, or in a series of short, sharp shocks like a bowling ball falling down a set of stairs.
That could be a war in the middle east that drives the price of oil over $300/barrel, or a gigantic financial crisis that closes financial borders and causes one or more currencies to utterly fail . Or a pandemic, or a solar EMP. Who knows! In a world of interdependent, just-in-time delivery systems anything that disrupts the supply chains for more than a month will be the same as our bowling ball skipped three stairs before landing extra hard on the fourth.
Is any of this certain or guaranteed? No, of course not. They are merely probabilities. Smaller in the past, larger today, and growing. Yes, the authorities will do everything in their considerable power to prevent economic reality from rising up and taking over. They will print, and then print some more. But they cannot print up 300% more insects to replace those already lost. And they cannot print up 100% more phytoplankton either. Nor can they print up another 100 feet of water column in the Ogallala aquifer. All they can do is print up more debt and consumption today, stealing from an ever more uncertain future.
Can they do it one more time? Probably. Another two times? Three? When does it ever stop but when reality overtakes the whole mess and destroys the works of man? Which means the most important question before any of us is, what did you do about it? The purpose of the fed is to help the banks steal the wealth of the everyone that is not in the elite class.
They know exactly what they are doing and it’s being done on purpose. they know the models are incorrect and they also know that the Keynesian system of economics doesn’t work. The goal is to create a world government with a digital currency where everyone’s purchases will be tracked and all personal information we will be easily accessible to the government. When the multitudes of the massive bubbles burst – the pain and sorrow will be Biblical for the common man and family.
#1. Take care of your health. Exercise. Eat healthy.
#2. Stay out of debt. Live beneath your means.
#3. Keep learning. Learn new skills. Learn how to fix and build things yourself. Invest in yourself.
#4. Realize that government (at all levels) will lie to you. Government will not take care of you. Government will take everything you have if it means they stay in power one day longer.
#5. Save. Buy a little gold and silver. Bitcoin if you must. But realize that this is just a little insurance and not much else.
#6. Stay far away from bubbles. Hard to do when friends and relatives are getting “rich” and think you the fool
#7. Relationships are worth far more than “stuff.” Families are worth way more than “stuff.” Good friends are worth more than stuff.
#8. Enjoy life. It doesn’t take lots of money.
#9. Learn how to shoot safely and have at least one gun. Even if you never touch it again.
#10. Be part of “something” bigger than yourself such as a Church or a volunteer organization. All the issues we see today are the same issues seen over the last 2000 years .
How will you protect your savings and yourself in the event of an economic crisis? This just-released PDF guide Surviving and Thriving During an Economic Collapse will show you exactly how. Click here to download the PDF now.
The longer the people are stuck in their houses, the more the economy gets destroyed. And the more the food supply chain gets destroyed. Businesses now at risk of permanent shutdowns. The majority of service industry jobs are not coming back. Another 3 million Americans applied for unemployment last week. In eight weeks, 36.5 million people have filed jobless claims. So much for that V shape recovery.
They are setting us up. People are exhausting their entire unemployment benefits. The second wave of layoffs is coming, and the $600 is gone, and many won’t even qualify. Everything is broken or will be broken in a few months. If the virus doesn’t kill you, the Government measures will kill you by taking your Job, limiting your ability to work, limiting what you can eat and where you can travel to. The outlook is bleak at best, not due to the virus but due to the government’s in-actions and then the governments’ actions. Too many dollars chasing too few goods.
Lockdown means little or no new production, and consuming what was stored as surplus. The Fed continues Printing lots of dollars. We all start bidding together on the same scarce resources. All of this will result in Hyperinflation. Half the country without income and no goods to buy while the fed squanders trillions. Money being pumped in, the supply of goods is reduced. This can only result in hyper-inflation. Production under quarantine is not elastic, so the money can only pump up prices. We saw this classically in Venezuela, it wasn’t so much money printing that caused the issue. But growth in goods and services not matching the money printed. Here now we have the same.
Goodbye financial system. This year would see an intentional effort to crash the financial system. No surer way to do it than set in motion hyper-inflation. If nobody’s producing, nobody’s consuming. Inflation is looming! You can’t increase the money supply by a third, decrease consumer goods, and not see inflation. Get ready to pay much more for groceries. The stock market is a scam. The lunatics are now totally in charge of the asylum. Stock market charts just show how happy the elites are getting bailed out AGAIN by corrupt Fed. If you invested in this insane market, you are just riding the inflation gravy train. The trend is your friend and doesn’t fight the Fed. We are in a gigantic Ponzi scheme for the rich to get richer thanks to the federal reserve. We are just another Banana republic. Just bigger designed to keep the rich rich and in power.
This is about bailing out the Oligarchy that is currently running the show. Just throw out a couple of peanuts to the masses to make it look like it’s for everyone. Total Shit Show Scam Ponzi Scheme. While the people suffer, the rich are getting richer at the expense of the taxpayers. The billionaires always get the lion share of the bailout. The rich don’t pay the tax. They defer to the upper-middle class. Taxpayers are paying 50%, and cannot get ahead. This is the Greatest Depression. Hope everyone is prepped and ready. Own your abode, gold, silver, stable coin, crypto. Stock up on essential supplies. Get out of stocks, bonds, government bonds.
When hyperinflation comes, people will lose trust in the dollar, and the government will collapse. We don’t have an economic crisis because of the health crisis; the economic crisis is a product of how we have chosen to react to the pandemic.
The pandemic was just the perfect tool to hide the crimes committed by the FED. Their goal is to destroy the middle class and small and medium businesses. The land of slaves and sheep run by banksters. Money Printing is a Hard Habit to Kick. Depressions are planned. Inflation is planned. Wars are planned. Workers and taxpayers exist to provide the monarchs all they desire. The central banks are privately owned and in business for personal profit only. They care only about increasing taxes, looting the treasury, rigging the markets, robbing the pensions, etc. This Depression will be horrific beyond belief & we are already in an extremely depressed state. If you are really looking forward to widespread looting out of control, then I do hope you are ready and totally prepped with years of food supplies. Crops harvests are disappearing already in a bad way.
This is it global one-world tyranny behind the mask of a virus(notice the word mask). It’s here—planned economic destruction. A country that consumes much more than it produces, financed by ongoing money creation, will have more money chasing fewer goods and services. Once the initial shock wears off and the recovery begins, the inflation will begin to show up – and it probably won’t be limited to the share prices of money-losing “story” stocks. Trumps have been trying to starve the Chinese with the soy deal, and most of their pigs died. Similar situation with locusts appearing over most of the Middle East and East Africa. Forest fires wiped out a lot of Australian livestock. People often forget that grain is a commodity on major exchanges, though mostly irreverent in the age of QE and ZIRP. Globally, food prices will rise, and wages will decrease, meaning more food insecurity.
The real killers are if environmentalists try to cut down on farming by letting the land they still control through trusts lay fallow. The population control agenda was always best fulfilled by famines, disease, sterility, and abortion. Royals may try and bank on Royal land ownership by artificially increasing food costs. Inflation is certainly coming at food prices since the supply is being cut now. Can’t imagine other things won’t follow as demand picks up and supply dwindles. Do you think many of these baby boomer run businesses are going to restart after this? No way. Global trade is going down, and that means less supply at higher prices for the things people will need.
Remember that because of the grand solar minimum, farmers/ranchers have already been getting slaughtered. Hunger will return with a vengeance to the world. I have been concerned about this since last year, when half of all the fertile farmland in the midwest was underwater, and crops couldn’t be planted. Now, this. It’s going to get bad, REAL BAD. When bank accounts are seized, and pantries go bare, expect social unrest. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth.
The price of food is up 2.6% in one month! Prices U.S. consumers paid for groceries jumped 2.6% in April, the largest one-month pop since February 1974. The spike in supermarket prices was broad-based. The price of the meats, poultry, fish, and egg category rose 4.3%, fruits and vegetables climbed 1.5%, cereals and bakery products advanced 2.9%, and dairy goods gained 1.5%. We were told food prices were going up because fuel prices rose years ago, they went up and stayed up. Today fuel in the toilet, but food still going up! What gives? Used to be food was always cheap, even for the poor. Those days are gone sadly.
Price inflation, for food, is here now. Inflation comes in various flavors: money supply, prices, assets. One of the bizarre aspects of the global depression resulting from the coordinated shutdown of most world economies due to the coronavirus pandemic is that we have experienced a collapse in both aggregate supply and demand. But if demand drops that far, the economy is in a death spiral. I’m trying to imagine the government staying out of it. Can’t see it. We will see helicopter money like never before to get people to buy “stuff” to support the economy. In other words, any deflation that appears is going to have huge wads of cash thrown at it. Inflation is only the only way the Treasury will be able to manage their way out from under the debt load.
They can retire debt at a discount using cheaper dollars. It was successfully accomplished some 80 years ago. We have fewer things being produced, and fewer services offered with an increased quantity of money regardless of the fact majority went to bail out the crony capitalists. Fewer goods/services chased by increased supply in money means inflation when velocity increases. And it’s global, not just US. Australia, for example, implemented a package worth 20% of GDP specifically aimed at Main St . Japan’s policies largely escalated in the last eight years, it’s not a relative comparison. The first clue will be with large devaluations in the yuan followed by others.
That’s when you know the tide is coming in. Hopefully, most here will be stacked and ready already when that occurs as early as later this year. Rather weird how the dollar and financial system is on the brink of collapse (the only thing keeping it afloat is the massive money-printing), which is what has artificially sky-rocketed the stock market, while this new virus emerged in China recently. Just waiting for it to mutate before it spreads like wildfire and has a high mortality rate, thus, deflect away from the Bankers who engineered the coming financial collapse, fleecing of the masses, and eradication of the middle class. So when the next 1918 Spanish Flu-like or worse, pandemic hits, everything will come to a standstill, including distribution. Thus, the markets, banks, and dollar will collapse.
The perfect way to escape blame for actually causing the collapse by their fractional reserve Ponzi scheme running since 1913, which is inherently designed to fail. The money supply doesn’t exist. It’s all digital. That is why money velocity is still low. It doesn’t trickle down. If all currency inflates to remove the debt, that means the debt itself also doesn’t exist in the first place. The system is basically just a glorified raw material extraction from the third world to the first world, while the first world is debt slaves because the money doesn’t exist. You need debt to have money. And then the business whatever the F you do doesn’t have traffic, because there is no market, so there is a need for even more debt. Our system is debt-based.
That means money is borrowed into circulation. Banks lever 10 to 1, which means they have 1 dollar for every ten they loan out. When that $10 loan is deposited into a bank, the receiving bank can now loan $100. Now there’s $110 owed (debt) backed by $1 of real money, and the cycle never stops. They do this to enslave all of us. The problem eventually is there’s too little real money in the system. This pandemic is used to distract all of us while they sure up their slave system by dumping trillions into the economy. Remember, it’s not just the US they are dumping money into. All central banks are one private corporation, and they are injecting cash into most countries.
This is what’s going on. Country’s have a right to print their own money, and they don’t need to borrow it from a private corporation to use. The elephant in the room that NOBODY EVER seems to notice – let alone address – is that economies function from the bottom up, but “money” flows from the top down. If the top and the bottom have similar goals (advancement of society and standard of living for everyone), then the top-down approach possibly can work. If the top has goals that only seek to improve the standard of living of the top – at the expense of everyone else – then the issuance of “money” can never possibly “fix” any economic malady, as the malady is CAUSED by the group that receives the “money.” Until governments truly embrace the mission of improving society as a whole, we are doomed to suffer repeatedly worsening crisis – ultimately leading to conflagration. Of course, governments need to be held to account. Society has naively believed that voting will right previous governments wrongs, but history has shown that not to be the case.
The United States was sold to the “top” officially in 1913, with the rest of the world selling out to the Bretton Woods agreement when they were extremely weak. Until the fed and Bretton woods are abolished, and private central banking outlawed, absolutely nothing can be “fixed.” If anyone is still under the illusion that voting is going to accomplish that (sadly, most are), then the world is doomed. If the world is to survive and progress, then the people of the world will have to make demands that cannot be rebuffed.
That doesn’t mean “protesting,” which means force because that is all the power that understands. We have five possible scenarios ahead of us: – A Russian scenario: (revolution). – A Zimbabwe scenario: (hyperinflation). – A German scenario: (revolution followed by hyperinflation). – A Serbian scenario: (hyperinflation followed by the revolution). – A Venezuelan scenario: (hyperinflation followed by foreign invasion). There is also a Hungarian scenario: (hyperinflation followed by more hyperinflation followed by fascism and then nazism). A wonderful time is guaranteed for all who own a bunker. We have never been closer to a hyperinflationary event as we will be when those checks hit the streets. The Fed cannot keep monetizing this debt. People want to hoard toilet paper, but not gold! Can they not see the coming hyperinflation? More money and fewer goods. Do the math.
11 NEW Reasons Why So Many Experts Believe That Economic Collapse & Stock Market Crash Is Imminent
The numbers are telling us that we have never been closer to the next economic collapse than we are right now. The storm clouds that were gathering on the horizon are now directly above us, and suddenly the mainstream media is filled with stories about when the next stock market crash will begin and the effect that this may have on President Trump’s chances of winning in 2020. In fact, there has been so much chatter about this that even President Trump is talking about it. All over television, experts are breathlessly speculating about when the coming major stock market crash will begin, and they are dispensing lots of advice about how people should be preparing for it.
So what evidence has led so many of these talking heads to come to such a conclusion?
Well, the following are 11 reasons why so many experts now believe that a U.S. economic collapse is imminent…
In that list, I didn’t even mention our rapidly escalating trade war with China. The two largest economies on the entire planet are engaged in an extremely bitter trade dispute, and that alone has the potential to crash the entire global economy into a very deep downturn.
On the surface, the Trump administration is trying to assure us that everything is going to be just fine, but behind the scenes they appear to be preparing for the economic collapse. If the U.S. economy really was “booming”, an emergency payroll tax cut wouldn’t make any sense at all.
But if we are on the verge of a very serious financial collapse, then such a move would make perfect sense.
Of course the U.S. is definitely not the only major economy that is facing serious troubles. In fact, signs of economic trouble have been emerging all over the globe lately. The economies in Germany, Brazil, Italy, Mexico and a number of other countries are also showing vulnerabilities, experts say. The uncertainty is exacerbated by fears of the potential financial fallout that could happen if the United Kingdom leaves the European Union in December without first reaching a deal on the terms of its departure.
We haven’t seen talk like this in a very, very long time. For many people, the extreme pain caused by the economic collapse of 2008 and 2009 has almost faded from memory, but the truth is that many experts believe that what is ahead is going to be even worse.
If everything was going to be just fine, President Trump would not be trying to get the Federal Reserve to make extremely deep interest rate cuts. In life, what people do is far more important than what they say, and the moves that global leaders are making right now are telling us that huge trouble is coming.
Local stores are beginning to show signs of hoarding. Stock up while you can. Things are about to take a turn for the worse…coffee, bacon, many canned goods showing empty shelves. Hoarding is another word for normal people realizing they need to keep more physical stuff to be prepared. Not to mention, they see that once grocery prices have gone up, they never go back down. Humanity has changed to “Just in time eating.” Uber Eats. Filling a pantry is now called “hoarding.” Which is when people don’t have a $500.00 emergency fund. It is also a precursory word used to gain favor for government confiscation under the guise of fairness. Social programming. “People buying or having more than they need is bad.” Throughout all of human history, man has saved food and resources to see them through rough times. Only now, with modern technology, is it deemed a bad thing. A lot of old home economics books and articles talked about the economies of keeping a deep pantry.
Food never gets cheaper, only more expensive. So when you keep a long supply, every time you go in the pantry, you are eating cheaper food than you can get right now. A one year supply of food has always been a good idea. People spend thousands of dollars a year on the car, life, house/rental, and health insurance and turn around and laugh at someone who spends money on food supply a year. It’s just being smart and understanding the system and over-reliance on it by most combined with unsustainable metrics. Welcome back to The Atlantis Report. Rationing and hoarding, this is how far the US has fallen? Thanks to abandoning of the gold standard. Of course, it is necessary when facing true scarcity, but it is a scarcity created by the four F’s. Fiat Currency Fractional Reserve Banking Financialization and Fascism. Reducing your standard of living is what each of these movements is really about: Global warming. Climate change. Population control. Enviromentalism The War Against Covid. The Great Reset. The Green New Deal. The 4th Industrial Revolution. Central Planning. Equity and Inclusion. Build Back Better. Critical Race Theory. Every single bloody war. And on, and on, and on. A just-in-time economy works only when you start with a lot of slack in your economy.
Three decades of eliminating slack, and here we are. One can only cut so much fat off the meat before you are also cutting away the meat. One day everyone will be a prepper or wish they were. There aren’t enough fish in our lakes, squirrels, and birds in the park to last the first few weeks of a disaster situation. We don’t have real soil, so if you plan to grow anything, be prepared to amend heavily with compost and fertilizers. Feast or famine. You decide what’s best for you and yours. One can stock up without “hoarding.” The hoarders will be the ones who will have extra goods to help their families and their neighbors. Hoarding is a rational behavioral reaction to shortages – don’t let the government media fool you. Human beings, especially Europeans, survived as a species because they stored their harvest to survive during winters and lean times. All of the negativity associated with hoarding is just the government trying to shift blame from their failed policies. “Hoarding” is not the problem.
So enjoy the relative stability that we are currently experiencing while you still can, because it looks like it won’t be lasting for too much longer.
One of the best ideas suggested through The Lost Ways is the construction of bunkers. These bunkers have the potential to stand the impact created by the most devastating earthquake or missile attack. On the other hand, the readers will be able to learn how to preserve their food in a natural manner. They can also get to know about effective tips, which can be used to preserve the precious water supplies. Then we will be able to use them in the case of a disaster to survive.
First of all, The Lost Ways would convince readers that the natural disasters are inevitable. It will give them an excellent insight about the disasters that could take place in the future. Therefore, it is extremely important for all the human beings to stay prepared to face a disaster, which could happen at any given point of time. In the second part of this book, the readers will be able to discover the lessons learned by humanity when they encountered disasters in the past. Every disaster teaches us a lesson, and it is better to have a clear understanding of these lessons as they can be helpful in the future.