Stalin Global. This just hit me this morning. Back in the 1930s Josef Stalin- leader of the old Soviet Union- basically starved the country of Ukraine by seizing their farms and confiscating their grains and livestock.
It got so bad that when the Nazis invaded, they were initially treated as liberators. Unfortunately for Ukraine things didn’t get any better for quite some time and were actually worse for a while.
The point is that there appears to be a global move- at least in the developed nations to do the same thing today. We have billionaires buying up farmland in massive scale. We have countries destroying their own crops by not letting farmers use enough fertilizer-by decree. We have over 100 food processing and fertilizer plants just here in the USA that have been destroyed just this year. We have railroads refusing to deliver fertilizer. All of this to supposedly help with “the environment”. What good is the “environment” if we are all starving?
Dutch farmers are having their land seized. Sri Lanka has been bankrupted by the same nitrogen decrees that are taking place in Europe as we speak. It appears to me that those “in charge” know that if you can control oil, you can control the economy. If you control food, you can control the populace.
Since the economy is imploding right before our eyes it should be no surprise that those “in charge” are trying to position themselves and their friends to be above the fray and out of harms way when their actions are exposed and the people will want their revenge for their starvation and ruined lives.
It appears that the global elite are leading us down the path of destruction on purpose. Hopefully the masses will catch on and put an end to this madness. I believe that 500% increases in utility bills in the EU and skyrocketing food and energy prices are starting to raise some antennas. About time!
In the 1920s we saw the German Weimar Republic “print” themselves into oblivion as they were printing money to pay war reparations and trying to prop up their economy. They knew that what they were doing was going to bring about inflation but they feared an implosion of the economy and a communist takeover more, so they took the path of least resistance. This was to print until the “money” was virtually worthless. This same path has been taken hundreds of times throughout history and has ended the same way 100% of the time up until now. The currency gets debased and at some point, it hits critical mass and collapses as nobody trusts the currency to have the same value in the future that it has now. This leads to people buying almost anything to rid themselves of the depreciating asset.
Does any of this seem to hit home?
Could this be part of the reason that those “in charge” feel like they have to have plans in place to control the population as prices far exceed the average family’s ability to keep up?
Personally, I believe that they are destroying all fiat currencies on purpose to initiate their new means of control- the CBDC (Central Bank Digital Currencies” mandated by the Bank of International Settlements (Central Bank of central banks – those REALLY in charge) by 2025.
Previous articles at www.savagefinancial.net address this issue in more detail under articles of interest.
It appears to me that while we are not YET suffering like Europe SO FAR, it appears we are well on our way. It appears to me that we are being destroyed from within as we are facing an increasingly hostile world and are emptying our strategic oil reserves (by the way that will END right around the election), we are sending massive amounts of our supply of weapons to the Ukraine and the Pentagon has warned that our supplies are dangerously low.
I believe we may have a short reprieve- just about to the first Tuesday in November and I would suggest that we could see massive price spikes In energy in particular as the million barrels a day of our strategic petroleum reserve dries up and winter starts to settle in. Remember that as energy increases in price it causes virtually all other prices to rise also because of increased production and delivery costs. It also leads to employers having to pay higher wages likely lowering their profits.
There is very little that can be done about rising input costs when there has been a lack of production for years- in my opinion mainly because of the games being played in the paper commodity “markets” that push the prices around and make it, in many cases, not profitable for miners to find and produce new supplies.
While the mainstream media continues to spout that the Fed is fighting inflation it is doing nothing of the sort. While interest rates are rising and that may have a negative effect on demand the fact f the matter is the inflation is being caused by a lack of supply. This is why I have been saying that they can’t fight this type of inflation. They can’t “print up” food, energy, fertilizer or any other necessity of life. They have one product and it is debt. This is another reason that we say you cannot fix the problem of too much debt with more debt- at least not for long.
It appears that the chickens are coming home to roost as Europe, Japan and the US central banks are on a bond-buying binge and the debt “markets” are still looking awfully unstable as rates on assets like the 10 year US Treasury are trading with price movements more like a stock than a safe-haven asset that it has been known to be in the past.
There are plenty of warning signs that things are about to change in a meaningful way. I believe that those that are prepared will have an opportunity at life-changing profits while those that are assuming the next 20 years will be the same as the last 20 years are likely to be VERY disappointed.
Personally, I want to own hard assets because they are ASSETS as opposed to liabilities (debt).
If the debt bubble implodes I believe that all debt-based assets will suffer and many (probably MOST) people counting on someone else’s ability to repay will be greatly disappointed. One look at the numbers is all it takes. Too many promises and not enough resources to fulfill them.
I believe that hard assets are on major sale right now and that includes all types of necessities like water, food, oil, gas, and real money like gold. Silver, while an industrial metal also is, in my opinion, likely the most undervalued asset on the planet- mainly because of paper (fake silver in the form of contracts with little or no silver at all) giving the illusion of FAR more supply than actually exists. Also, when those “in charge” sell it causes other computers to sell and drives the price lower. At that time the banks and others swoop in and buy the real asset with paper gains. Same for gold.
As I wrote about this years ago I got assailed. Nobody believed that such corruption could possibly exist. That is, until billions in fines have been paid and now it is common knowledge. Unfortunately, this will continue until the current system implodes- which could happen in an hour or over years but it WILL end and the precious metals “markets” in particular should be a sight to behold. It is only a matter of time.
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