The Survival Economist
Premiered Nov 1, 2021
Central Banks are the new Feudalism.
All property is being concentrated into a few hands via Fiat and zero interest.
Serfdom is the endgame.
Central bankers were handed the Midas curse half a century ago. Midas turned everything that he touched into gold– even his own food. Exactly 50 years ago (15 Aug, 1971) central bankers were handed a much worse curse by Nixon. But instead of turning everything into gold, their curse was to turn all real assets, including gold, into worthless paper, creating the perfect setup for this central bank endgame.
It Matches Klaus Schwab’s “Great Reset” agenda of “you will own nothing and will be happy”.
But it is not just central banks blowing bubbles. Because the whole world has become a bubble.
It took 2000 years to reach $100 trillion global debt and most of that is accumulated since 1971. Then 50 years later, global debt trebled to $300 trillion.
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I am projecting 2 quadrillions or more in the next 4-9 years. Sounds massive and sensational, but the math is simple. If we add unfunded liabilities of at least $200 trillion globally , plus total derivatives of at least 1.5 quadrillions, that takes us to 2 quadrillions.
As the derivatives bubble explodes, or rather implodes in the next few years ,as we hit the central bank endgame, all that money will be printed by central banks in a futile attempt to save the financial system.
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