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The economic collapse is coming soon! All central banks raising interest rates, bankrupting the little people. The toxic derivatives are coming back into view with the debt crash.

submitted by GeneralDisarray to EconomicCollapse 1.4 yearsDec 8, 2022 16:42:43 ago (+5/-1)     (EconomicCollapse)

Opinion piece!

The bank of Canada just raised interest rates for the seventh time. An increase of 0.50% that brings the overnight rate to 4.25%. So we can add at least .75% onto that for the people. That's 5% interest rates at a minimum that will force many into bankruptcy and prevent banks from renewing mortgages. Creating a real estate collapse.

Rumours are coming out that the derivatives market has unleashed $80 trillion in debt that now needs to be paid. This makes leman brothers look like chump change and that started the 2008 financial crisis.

The derivatives where used before to hide massive debts in contracts that would only become visible again when the payments stopped. The market was over $600 trillion last time and now it's in the quadrillions with the exact scale of the market hidden from the public.

They never banned these destructive financial instruments. They just used them as a bandaid to buy time. So when they all start coming due they will absolutely devastate the banking industry and collapse the fiat money of the world.

The talk of $80 trillion coming due has been very low key. But I believe it is probably true. The people are in huge debt. Credit cards are maxed, repossessed cars are crushing the used and new car prices and many have just stopped paying their mortgages.

This to a backdrop of 40%+ of small businesses failing to pay full rent in November while even luxury products are going on firesale or stopping production altogether like Rolex.

The richest are suffering now. The controlled demolition of the financial system is on track just as the central banks are rolling out their digital slave money.

The urgency of the situation has been only raised by the relaxation of twatter censorship. Showing that the sheep aren't as sheepish as we have been lead to believe. They are talking about all sorts of corruption, death jabs, election rigging and pizzagate type stuff.

The governments need the pions under full control right now. They need a massive distraction and crisis right now.

This is the crossroads for humanity now. And it has been a massive cluster fuck for the cabal. They surely didn't want to have this many people awakened before they got society shackled.

No military will or can move to stop this. They know the fiat currencies are a fraud and they need to be destroyed. But they don't want to be the ones blamed for it. They want the cabal to do it before they make their move.

I know it's in question if they will even make a move and arrest the traitors. But I think the current events exposing the cabal have all the hallmarks of a counter operation. Why would General Michael Flynn release a book (Citizens Guide to Fifth Generation Warfare) explaining how this war was waged on us just last week. Or the Merriam Websters dictionary naming "gaslighting" the word of 2022. Or the Kanye controversy exposing the Hollywood pedo mafia. Or the msm now allowing the normies to see the truth that the vax is deadly.

We stand at a point in time where countless countries are exposing massive elections fraud. The president of Peru just got arrested. The Brazilian military are ready to take action. Biden is exposed. Massive collusion and corruption is exposed.

None of this can be the result of the cabal orchestrating this. It's a litany of disasters that threaten their takeover.

If the derivatives market is coming apart then we can expect the crash before the end of the year. I wouldn't put it past them to crash it all just days before Christmas as a kick in the nuts to everyone.

Be prepared guys. The military will be on the streets of all countries soon and we will see who they are in allegiance too.

Good luck to you all.


13 comments block

MaryXmas 0 points 1.4 years ago

Jim rickards has a good analogy about snowflakes falling and creating an avalanche. It doesn't matter which snowflake caused it, it's a fucking avalanche.

I don't really care why the world financial system is collapsing (though I believe it will one day in my lifetime), I care more about what the world looks like when that day comes.

All industry stands still. Dollars are just paper. Riots, murders, no police. So the action is to: own guns, have big dogs, live off the land and know how to survive. Make a simple life and have good skills and good tools.

Where is the opportunity?

In the wreckage, someone or some company will want or need to make a transaction, how will they do it?