"[Babylon]* has become a dwelling place of demons, a haunt for every unclean spirit, a haunt for every unclean bird." — Revelation 18:2
— Alois Irlmaier (@AloisIrlmaier) October 18, 2017
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— Alois Irlmaier (@AloisIrlmaier) October 16, 2017
— Kathimerini English (@ekathimerini) October 12, 2017
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A (planned) financial collapse & hyperinflation, (planned) civil war, which will be directly followed by (planned) WW3 is coming our way…
… and we will be on our own.
“A fortunate few will be able to band together with other individuals of similar beliefs. Decentralization in full efflorescence will obliterate many of the current buffers—particularly the welfare state—between actions and consequences, meaning individuals will be forced to take responsibility for what they do, whether they want to or not.”
If the world seems incomprehensible now, just wait…
Within a twenty-four-hour span the Catalonian people voted 90 percent in favor of secession from Spain, despite the Spanish government’s effort to violently squelch the referendum, and a man in a Las Vegas hotel room opened fire on a concert, killing fifty-nine and wounding over 500. There’s no tangible connection between the two incidents, but they illustrate incipient forces still gathering steam that are transforming the world.
By Chris Hedges
The American empire is coming to an end. The U.S. economy is being drained by wars in the Middle East and vast military expansion around the globe. It is burdened by growing deficits, along with the devastating effects of deindustrialization and global trade agreements. Our democracy has been captured and destroyed by corporations that steadily demand more tax cuts, more deregulation and impunity from prosecution for massive acts of financial fraud, all the while looting trillions from the U.S. treasury in the form of bailouts. The nation has lost the power and respect needed to induce allies in Europe, Latin America, Asia and Africa to do its bidding. Add to this the mounting destruction caused by climate change and you have a recipe for an emerging dystopia. Overseeing this descent at the highest levels of the federal and state governments is a motley collection of imbeciles, con artists, thieves, opportunists and warmongering generals. And to be clear, I am speaking about Democrats, too.
The empire will limp along, steadily losing influence until the dollar is dropped as the world’s reserve currency, plunging the United States into a crippling depression and instantly forcing a massive contraction of its military machine.
Welcome to the witching month when America’s entropy-fueled death-wish expresses itself with as much Halloween jollity and merriment as the old Christmas spirit of yore.
The outdoor displays alone take on a Babylonian scale, thanks to the plastic factories of China. I saw a half-life-size T-Rex skeleton for sale at a garden shop last week surrounded by an entire crew of moldering corpse Pirates of the Caribbean in full costume ho-ho-ho-ing among the jack-o-lanterns. What homeowner in this sore-beset floundering economy of three-job gig-workers can shell out four thousand bucks to decorate his lawn like the set of a zombie movie?
The overnight news sure took on that Halloween tang as the nation woke up to what is probably a national record for a civilian mad-shooter incident. So far, fifty dead and two hundred wounded in Las Vegas at the Route 91 Harvest Festival (one up in fatalities from last year’s Florida Pulse nightclub massacre, and way more injured this time).
The gunfire on the streets near my hotel started around 9pm last night.
The sound is unmistakable, especially at night on an otherwise quiet city street.
I had recently returned to the hotel after a few evening meetings. And coming back after dark it was as if they had rolled the sidewalks up — restaurants with no patrons, bars and clubs that were totally empty.
There was an incredibly striking woman I remember, standing in front of her restaurant playing hostess to absolutely nobody.
And with few people on the streets, it felt like some sort of zombie apocalypse.
Amazingly enough this country used to be THE wealthiest in the region. And not too long ago.
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For the U.S. Retirement Market Ponzi Scheme to continue, there must be a new group of suckers to pay for the individuals who are receiving benefits. Without a new flow of funds, the Ponzi Scheme comes crashing down. Such was the case for the individuals who invested in the $65 billion Bernie Madoff Ponzi Scheme that came crashing down in 2008.
Most Puerto Ricans haven’t had access to electricity, cell service or financial services for nearly two weeks now. And as we reported yesterday, residents who didn’t stockpile enough cash have been struggling after Hurricane Maria essentially knocked the island’s economy into the 1950s, forcing some to forgo essential supplies – or worse – resort to looting. For those who do have access to working ATMs and banks, long lines have sapped cash reserves as the country has effectively reverted to a “cash only” economy.
Those whose access to cash has been limited – or cut off entirely – are becoming desperate as they start to wonder how they will begin the process of rebuilding their trashed homes – or even where their next meal will come from. As Reuters reports, cash has become just one of many scarce resources on the island (food, medical supplies and gas are also in incredibly short supply).
TPTB usually give the people some warnings of what they are going to do next (for reasons I will not discuss here).
Continue to prepare for the coming (planned) collapse…
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Easy money, the cure to the ‘Great Recession”, is now clogging the system and preventing a lot of small business owners and entrepreneurs from finding success. The size and scope of these assets bubbles haven’t been seen since the Great Depression and now the Fed will start tightening the money supply…This ain’t gonna end well, folks.
H/t reader squodgy:
“Years ago I recall, I read an article regarding the coming collapse, in which the writer explained it will be a steady, protracted roll down the hill, during which Governments will increase their control of population through fear.
Israel and the whole of Palestine will be utterly and totally destroyed during WW3, as planned by the Rothschilds, who are the founders of Israel!
Next up: (Planned) Financial collapse & hyperinflation, then (planned) all-out civil war in the U.S. and Europe, directly followed by (planned) WW3, which will be brought to an abrupt end by the “3 days of Darkness”.
Power shift East, Israeli technological domination, Jewish supremecism and economic collapse.
Economic collapse is coming. It's planned & is very much imminent. High inflation, then hyperinflation, is coming.https://t.co/CoOLBO2I0M
— Alois Irlmaier (@AloisIrlmaier) September 17, 2017
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For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar.
China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the euro to be a reserve asset and international medium of exchange.
These were challenges to the dollar’s dominance, but they weren’t mortal threats.
What’s happening lately, however, is a lot more serious.
It even has an ominous-sounding name: de-dollarization. Here’s an excerpt from a much longer article by “strategic risk consultant” F. William Engdahl:
H/t reader squodgy:
“We’ve been the canary in the mine for ten years since the last collapse which was fudged and halted by the irresponsible creation of more paper money. Laughed at for being so negative even when the figures were clear.
Now it is a bigger tsunami, and there’s no way the system can be of any use.”
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