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Four Undeniable Signs That the American Economy Is Collapsing

Four Undeniable Signs That the American Economy Is Collapsing

 

The economic collapse of the United States is underway.

There are four unmistakable signs that the American economy is in the midst of collapse”

  1. “Hooverville tent cities are appearing across the western United States.
  2.  The American banking empire is showing clear signs of impending collapse.
  3.  Key members of the elite are behaving like the elite of 1929 with regard to the Stock Market.
  4.  In a stunning development, the key members of the Federal Reserve are actually abandoing the dollar in facor of cryptocurrency.

The Economic Chest Pains Prior to the Heart Attack

A blind man who is paying attention could tell you that all the indicators are there with regard to the fact that an economic collapse is at hand. Let’s begin with the subtle signs which parallel the Great Depression.

We know that the make-shift tent cities emerged in great number during the Depression. They were often referred to as “Hoovervilles” in honor of the bumbling President that did everything wrong when the economic crisis first hit the country. Well, today in America, tent cities are appearing all over the western United States. In Seattle, for example, we are witnessing the proliferation of many high tech companies moving their headquarters to the city where the average home now costs over $700,000 and even rental apartments are reaching correpsonding highs as well. Subsequently there are many working people living in these cities.

Another set of chest pains before the heart attack are appearing in the economic sector in which Iran and China are embracing Bitcoin and other cryptocurrencies. This says a number of things. First, this is an admission that there is not enough gold in the world to cover the gold-for-oil scheme that has replaced the Petrodollar with regard to the purchase of oil (Editors Note: What is going to happen to the price of gold?). Secondly, the world is running from the dollar and this should signal that even your bank account is in dire trouble. Here is a brief summary of this developing scenario.

 

What does Jeff Bezos know that the rest of us should? Bezos actions signal that a major economic crash is likely. What did he do? To put it succinctly, his actions parallel what JFK’s father did just prior to the collapse of the Stock Market in 1929. This is yet another dire development in an already failed economy.

These factors represent a number of indicators which tells us that an economic collapse is at hand, but none so big as the actions of the Federal Reserve as it is acting against the best interest of the Petrodollar. The end is near for the dollar (see below).

As bad as these three developments are with regard to the solvency of the American economy, they pale in comparison to the key members of the Federal Reserve are doing with their oil interests which are interlocked with the Federal Reserve and ultimately the fate of the dollar. Please note, that would be the the same dollar that resides in your bank account.

Underlying Premise of This Article

It is an indisputable fact that big oil and big banking are interlocked to a high degree. In other words, big oil owns big banking and conversely, big banking owns big oil.

From the public document, “10K Filings of Fortune 500 Corporations to SEC. 3-91“, the Four Horsemen of Banking (ie Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) owns the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco) and the interlocking list can be expanded to Deutsche Bank, BNP, Barclays and other EU “old money” behemoth banks.

The domination of these banks, according to company 10K filings to the Security and Exhange Commission, the Four Horsemen of Banking, are the top ten stock holders every Fortune 500 corporation. Additionally, these same banks own and control the majority of the ownership of the Federal Reserve system. Please allow me to bootstrap this relationship one step further. Since the birth of the Petrodollar in 1944, the health of the dollar (ie the Federal Reserve) has been tied to the Petrodollar. Therefore, the health of the banking system, ultimately the dollar and economy itself (ie the Fortune 500 companies) owe their financial health to the Petrodollar. If the Petrodollar collapses, then we will witness the wholesale collapse of the Fortune 500 including the retail sector, which is already happening.

The Petrodollar has been under attack since the rise of the BRIC nations which abandoned the Petrodollar, in which a nation must first buy Federal Reserve Notes before purchasing oil. Iran was the first to thumb their nose at the Federal Reserve, and live to tell about it, when they sold their oil to Russia for gold. Very quickly, China, Brazil and India followed suit and began to convert their purchasing of oil away from the dollar in favor of gold.

Many economists agree that the only reason that the  petrodollar, which gives our currency the only backing it enjoys, has not failed is because the central banking cartel has infused loaned capital into the American stockmarket as well as the money supply. When the loans slow down or terminate, the economy will sink faster than a submarine with screen doors.

The Strategies of the Fed to Stay Afloat

As previously mentioned, the Federal Reserve has propped up its sinking position with the dollar because the world is running from the Petrodollar. The net effect is that the dollar is being kept artificially afloat through loaned capital. So, how do the banks protect themselves? They buy gold as a hedge against the coming collapse. However, the collapse is of such a magnitude, due to the estimated $2.5 quadrillion credit swap derivatives debt, that there is simply not enough gold to cover the coming plunge. Therefore, if the Fed and in reality, the Fortune 500 corporations are to remain afloat, they need help from somewhere else.

Help Has Arrived and This Is the Death of the Dollar

Along the lines of America’s impending financial collapse, you will not believe what Reuters, a globalist mouthpiece, is reporting,  Reuters has published an account that BP, Shell and Statoil have joined forces to work on the development of a blockchain-based energy commodity trading platform, along with three large commodity traders which includes the very large Gunvor, Koch Supply & Trading, and Mercuria.

Reuters is further reporting that the blockchain platform has leveraged financial backing from Dutch ABN Amro, ING, and French Societe Generale. The roll out should occur, according the Reuters by the end of 2018. Mercuria, which formed a business partnership with ING and Societe Generale, announced it was preparing the first oil trade using blockchain technology.

This announced deal is not some “pie-in-the-sky an a  next year maybe thing”. There has already been activity in this novel arena. Specifically, the  trade involved an African crude shipment to Mercuria shareholder ChemChina. Further, this beta test was announced at the Davos World Economic Forum.

In fact, Mercuria’s CEO, Marco Dunnand was quoted as saying, “The energy industry will have to digitalize more and more in oil production, refining, shipping. So traders will also have to participate.”

Less than 30 days later, Mercuria reported that the beta test that used its prototype Easy Trading Connect platform to sell the African crude cargo three times on its way to China, was wildly successful. The transactions involved every facet of the deal ranging from the buyer and the seller, an agent, and an inspector, all of whom took part in the deal via the platform. Therefore, it would be a mistake to not believe that this a viable alternative to the Petrodollar.

Conclusion

The problem is, for you specifically, is that these energy companies may survive by using a combination of gold reserves and cryptocurrency, but YOU are going to be left holding the bag if you insist on remaining in the dollar. If you doubt the accuracy of these conclusions, take a look at a senior ING executive said in February of 2017 following the successful test trade with the Mercuria shipment, “The commodity finance industry is hampered by nature by inefficiencies and outdated procedures. By applying blockchain technology, we expect that we can eliminate a lot of these, making the overall process faster and more cost effective and the tests we have been able to carry out have proved this.”

If you are unwillling to adjust and begin to embrace gathering what gold and cryptocurrency that you can hold, you should be asking yourself, “What kind of a tent will you be living in”?

Oh, did I mention that World War III is here as well.

 

 

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By | 2017-11-08T12:41:27+00:00 November 8th, 2017|Featured, Main, United States|12 Comments

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12 Comments

  1. Nosneb November 8, 2017 at 7:14 am

    No but wait, Trump is saying his plan/agenda is working. It’s because of him, the stock markets are up and jobs are coming back. He has even used Reagan’s it’s springtime in America again theme. Who are to believe? Has anything really changed?

    Tax reform? Simply just moving numbers around, more smoke and mirrors.
    Obamacare Reform? Dumping less money back to the states and putting the onus on them.
    Economic reform? Still have fiat money, skyrocketing debt spending, nothing new at the Fed or the banking system. Nothing new here.
    A wall? What wall?
    Foreign policy to depose Syria Govt. failed so now we have an excuse for the Saudi, Israel surrogate war against Iran and
    Supporting the Ukrainian Govt. we set up to hedge in Russia.
    Plus pulling in an economic and military alliance to hedge in China.
    So is all this domestic stuff, Las Vegas & Texas shootings simply a distraction?
    Nothing new under the sun.
    Domestically, nothing new of earth changing or swamp draining value.
    Foreign policy, nothing new as well, hedge in Russia and China and start WW III in the middle east.
    All sounds pretty globalist to me and on top of that, the icing on the cake, is that the economy is in free fall and all the politicians including Trump say nothing. How deep the deep state is, shows how it controls everything.
    Finally, 365 days into Making America great again Dem. are on a comeback. Did anyone see this coming? Now that Hillary is clearly out of the picture, it’s safe for the majority of America to be democrats again as the youth continue to embrace economic and political socialism again.

  2. scooter November 8, 2017 at 7:57 am

    There is enough gold—just change the cost/value to make up for the suppression gap enforced by the banks vs. their dramatic inflation of the fiat currencies!
    Digitization of all assets which is underway, enables a cashless society which concurrently obliterates personal secrecy from big brother—Satan practicing his form of omniscience, oversight, and mandated behavior. The block chain banker/oil trading platform enables the western banking crooks to temporarily coexist with the BRICS gold backed oil trade game. Gold/silver must make up the suppression gap as a partial tangible backing for the replacement of worldwide air backed crap banker fiat currency escapades, because the BRICS are forcing that reality on the west so they can avoid the petro dollar theft the USA was engaged in
    So, digitizing national mineral holdings as a value basis for a block chain purchase authority will leverage everything in the ground (and finished above as well by the way) as the final leveraging scheme to hold the bankers mess together. To then enable a new hot air value based crypto-currency system to conduct transactions is the next tulip mania without even any bulbs behind it smacks of madness. To claim it’s value lies in the massive electricity drawn to sustain the hot air backed block chain is madness on steroids. This looks like run away inflation in the cost of anything of real value, and great pain for the masses.
    Remember, “the love of money is the root of all evil”, and the greed gang is busy scheming, trying to assure the emperor really has clothes on, when he’s buck naked!
    .

  3. Josh November 8, 2017 at 9:53 am

    You can be sure the “inefficiencies” touted as the reasoning behind the move to blockchain fiat currency is that it allows far more middlemen into the game than ever before, with myriad and frivolous fees building upon fees. And the users will have no choice but to pay them.

  4. Wb November 8, 2017 at 12:27 pm

    Imagine how easy all this would be to fix if conservatives got a few ropes and started hanging some of these bastards.

  5. Robert Ketchen November 8, 2017 at 11:45 pm

    So what is everyone to do when our beloved Government declares the ownership of GOLD AND SILVER to be ILLEGAL ? This has happened once and will happen again ! Then President FDR did just that in the early 30s . He declared a “BANK HOLIDAY” and closed ALL Banks then had Federal Agents go to every Bank and open all safe deposit boxes and steal all the gold they found . WITH OUT any compensation to the owners !! So Boys and Girls what is the moral to this story ? 1. Safe deposit boxes are NOT safe. 2. The Feds are not to be trusted . So purchase Gold and silver at your own risk , But be ready to loose it .

  6. Mike November 9, 2017 at 4:25 am

    There is enough gold to back currency if the price of gold goes up up up up in value.

  7. Rick November 9, 2017 at 6:52 am

    If you want to see how bad the economy is……stop all welfare, and open soup lines.
    EBT cards in the grocery store hide the truth.

  8. laura ann November 9, 2017 at 9:25 am

    We cannot support all these third world slackers and sanctuary cities, as few have plans to find a job, just like the E.U., most will be on the dole ongoing. SS and medicare is in trouble in next decade. Homeless American citizens need to move elsewhere where cost of living is lower, and learn a trade like my generation did (and parents) while working evenings to pay living expenses. Many homeless are substance abusers or have mental issues. Congress folks lack brain cells and unable to think logically. Most never worked for a living, getting paid for promoting the Cloward-Piven agenda leading to a B’rupt econ.

  9. Gerard Trip November 9, 2017 at 1:58 pm

    There is enough gold, for some, because when the SHTF, they won’t be able to continue to artificially keep the price of gold down, and the price of gold will be multiple times what it is now. China and Russia have carefully suppressed the quantities of gold they say they hold, by multiple factors. But yes, all in the West who hold paper gold will be screwed and lose pretty much all, when the paper gold ponzi scheme is unmasked by the dollar losing much of its value, and people try to get physical gold which does not exist in the West.

  10. Jason Blue November 11, 2017 at 3:24 pm

    Rather than a collapse we may be heading into what Austrian school economists call a “crack up boom,” the final blow off of an inflated economy before the currency crashes. In coastal California, where I live, help wanted signs are everywhere, shopping center car parks are packed and during the slowest time of the year, contractors and real estate agents have all the work they can handle. Housing is sky high because demand is sky high; foreign buyers and high tech millionaires who pay all cash drive salaried professional couples to the sidelines or to distant inland counties. There are not enough rentals either so rents are also out of reach for most. The irony is that it might just take an economic collapse to make housing somewhat affordable and ease the crisis of homelessness.

  11. Jason Blue November 11, 2017 at 3:26 pm

    (My correct email address is attached)

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