They Are Creating The PERFECT STORM For Financial Collapse

financial collapse

Article By Mike Adams

At the beginning of this year, I publicly predicted the dollar would lose 20% of its purchasing power this calendar year. That prediction has already come true, with prices skyrocketing on everything from food and fuel to housing (lumber, electrical wiring, etc.).

The dollar has already lost over 20% of its purchasing power this year, and we’re not even through the first quarter yet.

By the time the Biden money printing madness churns out another few trillion dollars in bailout money, the actual purchasing power of the dollar could lose 30% – 40% of its value before the end of this year.

You are witnessing the final desperate blowout phase that spells the end of the American empire. When global dollar domination collapses, the American empire is finished, and the quality of life of the American people — which I actually call the “quantity of life” — will implode. That’s because countries around the world that produce physical goods will no longer sell those goods to the USA in exchange for worthless fiat currency that the Fed printed from thin air.

Horrendous shortages are worsening by the day across the United States, with lumber, copper, food crops, fuel and even microchips in short supply. Car manufacturers are shuttering their factory lines because they can’t get the necessary microchips, and with the Biden regime paying people hundreds of billions of dollars to stay home and avoid working, why would anyone want a low-paying labor job anyway?

The government has now created a “perfect storm” situation where the lack of labor, skyrocketing price inflation and collapsing supply lines is going to lead to a catastrophic collapse. Call it the “debt bomb” or “dollar collapse” or whatever you wish, but it is now inescapable. And when it strikes, America’s cities are going to collapse into chaos and destitution. Tent cities will become the norm, and lawlessness will prevail across every Democrat-run city in America.

Assets that will be wiped out

The coming dollar wipeout will obliterate:

  • Anything “saved” in dollars, such as bank accounts and checking accounts.
  • Most stocks and many bonds which are denominated in dollars, including treasury bills, municipal bonds, etc.
  • Most pension funds, including government pensions.
  • The nationwide real estate bubble will crater, but not totally collapse since physical real estate always has real value in the real world.

There are only a few strategies to protect yourself from a total asset wipeout. Simply put, you need to get your assets moved into things that “freeze” the value (or “store” the value, if you will). These things are not speculative investments, but rather stores of value. This will not make money, but will preserve value. As we’ve covered previously, this list is quite short:

  • Land (but not in a blue city or blue state).
  • Residential real estate (because everybody needs a place to live), in a red state or red county.
  • Gold and silver (because they never disappear).
  • Guns and ammo (which seem to be skyrocketing in value).
  • Physical collectibles such as historic firearms, coins, stamps, art, etc.
  • Possibly some crypto for portability and emergency use, but don’t bet the farm on crypto due to extreme price volatility.

My Final Comments:

The bottom line is that many sorrows are coming in the not very distant future anymore. We should do everything we can to get as ready as possible. ESPECIALLY, with our spiritual lives. Being “religious” will NOT save you! If you’re not ready to face eternity at this time, click on this link and pray this prayer to receive the gift of salvation that ONLY comes through faith in the finished work of Jesus Christ on the cross. He DID give His life for all of us that would have gone to hell for eternity without Him. But when we humble ourselves and put down our “foolish pride,” we can come to Him and ask Him to be our Savior and our Lord. And when the end comes for each of us personally, we will have a home in heaven with the Creator of all things. The God of LOVE will welcome us forever!

About the Author

Steve Allen
About the Author: I’m just another voice crying out for truth in a society that seems content to stay asleep. My name is Steve Allen and I’m the publisher of ThinkAboutIt.news and ThinkAboutIt.online. The controversial opinions in this article are either mine alone or a guest author and do not necessarily reflect the views of the websites where my work is republished. This article may contain opinions on political matters, but it is not intended to promote the candidacy of any particular political candidate. The material contained in this article is for general information purposes only. Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Steve Allen or the operators of the websites where my work is republished. Follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. Thank you, Steve

5 Comments on "They Are Creating The PERFECT STORM For Financial Collapse"

  1. Christopher Singleton | March 24, 2021 at 10:47 pm | Reply

    And then when everything is wiped out on the financial markets, I would lay a bet that China will come into our lands to take plunder of anything that is left! I do strongly believe that America is really Babylon USA, because it has the most Jewish population around the world and it is a nation among nations, just like Babylon was. Not only that, the bible talks about waters being on both sides.

    I’m in High Tech as a BI Developer and I cannot even find work at this time, because Indian’s from India and the Chinese have these jobs now, they have connections that I don’t! Regardless, it won’t be long before the financial markets collapse!… We have a Jubilee coming this September 7th 2021, when all debts are cancelled! I do believe many are defaulting as I write this! Not only that, there will be war soon from what I truly believe, if not also famine! Everything is crazy now! I am not taking the vaccine no matter what they do or say! God Bless You and Your Families! Stay strong in the Lord!!! The rapture is very near!

  2. It’s refreshing to know there’s a fellow voice crying in the wilderness…the world’s in such a need of ELOHIM, YAHSHUA—Hamashiach and The RUAC—HaKODESH!!! Press On with your ministry to the world I’m certain your Gospel Good News is not in vein…and won’t return onto ABA with no affect/effect.

  3. thank you.

  4. I love listening to your message on what’s happening and about to happen according to God’s word. I’m particularly interested in the book of Enoch. I only managed to copy up to chapter 36. I also found parts of chapters and verses missing. To me that’s the whole Bible right there. Would people be doing the horrible things that they are doing now if the book of Enoch was not taken out of the Bible. Just asking.

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