HenryMakow.com – Jan 24, 2023
West will Embrace CBDC After Financial Collapse
“What is going to happen is really quite clear: The Mega Debt is going to implode, the West can’t pay, and therefore commercial banking is toast: there are going to be HUGE bank defaults, the first are really only months away, although the real cataclysm, for as far as I can see now, will really start ‘only’ around ‘2025.”
By Anthony Migchels – (henrymakow.com)
I noticed Catherine Austin Fitts’ ‘optimism’ concerning the CBDC and the populist reaction that is underway. Optimism that many people have at the moment.
Also because the WEF meeting in Davos was an obvious bust, and it was widely reported that ‘their agenda is in trouble’.
But I do want to strongly warn against this optimism.
The WEF was never designed to ‘succeed’, but to foment exactly this reaction.
who is it owed to ? rothschilds banking of course
This is why after Russia threw them out and putin will not let them back in
we are going to war with them just like we did when Hitler took the economy out of their hands and gave prosperity safety and security to his people
I would put real US debt at over $400 trillion.
A long time ago, two well respected academics wrote and published a paper on the true scale of US debt. So this was probably 18yrs ago. At that time, US debt stood at $200 trillion, so I would suggest it has doubled in 18 years.
“Also because the WEF meeting in Davos was an obvious bust, and it was widely reported that ‘their agenda is in trouble’.”
REALLY?
I’ve been saying this for years. Where have you all been?
“The WEF was never designed to ‘succeed’, but to foment exactly this reaction.”
Really?
I’ve been saying this for at least 2 years, yawn.
I’ll tell you what is likely to happen, and I say this ignoring the war and its future, and I’ll ignore CMEs and micronovas, so this is just economics.
They are conditioning the thicko sheeple, making life rough and putting more into debt.
At some point there will either be a banking collapse, or just before it, they’ll have an extended bank holiday. It could last weeks, the shops will be empty, either by no deliveries, or looting.
During this bank holiday period, they’ll be dripping out the new system, as the leaders of the West hold a fake conference, because it was planned a long time ago.
They’ll announce a global currency, but really a Western currency. Cash will go. There maybe two systems in this new currency. One will be bog standard digital chips, and the other, benefits and state pension, this will be programmable, where conditions apply.
The debt will be cancelled, totally clean slate for everyone, and as a sweetener, X amount of digital wong will suddenly appear in your account.
Strings attached to digital benefits will drive many into work. Social scoring will determin what digital code goes into the money they give you.
They need to get the thicko sheeple into a place where they’ll agree to this. But the main purpose is to remove bank, corporate and state debt, but the fake news will be selling this as a sweet dream for the thickos, because its going to be the elites who are going to win big time.
This is what I think they have planned.
Gee, the creep-o-zoids Jews claim that we don’t exist. Let’s just claim that all that debt is imaginary. Time for a Jubilee!
The elitists cannot have foreseen and plotted for every contingency so don’t allot them such omnipotent powers. They are not gods and they do make mistakes. First they suggest they’re the ones collapsing the economic system but it was collapsing anyway and they could not stop it. They’re just making it worse and really pissing people off. Their second mistake was not employing millions of stormtroopers before trying to kill us in our billions through starvation and toxins. They own politicians and the media etc but only while money’s still good. They need these powers before money becomes worthless, and even then we’d all have to knuckle down to our defeat, but millions of people will never submit to tyranny. Even the bible holds up people like that.
They may lead in some aspects but nowhere near in all and in the numbers game they never will lead.
Good to get Migchels take on what is coming. The only solution is plenty of rope and we have plenty of lamposts
@juan kerr—Are you a disinfo agent? Russia/Jutin didn’t throw the yids out. Yids still own Russian Central Bank. Entire Russian economy/industry/media is monopolized by Jewish Oligarchs (MSM terms them ‘Russian Oligarchs’, even though they’re all Jewish) , unlike the Third Reich where German gentiles managed the State.
The ‘debt’ all these nations are in doesn’t exist. Its just some yid numbers/illusion/psyop they concocted to provide some ‘legal legitimacy’ to their Semitic central bank scam & enslave/mesmerize the people & politicians to their power.
More fear porn. Credit and debt is all relative to the will of those who control the credit. The creditors may own everything, with everyone being their debtors, but like everyone else who has more credit than they need they are not going to use it all at once on themselves. If they have extra credit they will lend it out or do not mind if it is lent out provided the lending is provident, but if there is no return on it then it becomes useless to them. Hence, the conflict between interests rates and inflation. However, that is all controlled because they simply cannot afford to and will not destroy the economy of the West and that of other nations which are a part of it.
The US Democrats and Republican insiders all know that the debt bubble Henry refers to is a very relativistic thing. First of all it is mostly “internal” and by that I do not mean internal to just the US but internal among the Western nations and other nations in their economic control.
One of the purposes of the Covid pandemic was to “slow down the economy”. The lack of sufficient collateral to secure the short-term loans between the commercial banks in 2019 threatened a liquidly freeze, meaning no credit to keep the rate of flow of the money going at that rate through the system. So the US Fed, with the central banks of the West in unison, created a few more trillion out of nothing to keep things going. However, the planned effect of an economic slowdown with the pandemic in 2020 was not planned in 2019 as a result of the Repo crisis but long before that, which despite any allegations that the West is living beyond its means, entails that the entire debt bubble peril is simply more planned fear porn. Also, debt is still very valuable stuff. Debt instruments are traded, crafted and sold everyday for trillions.
“As of Jan. 2021, China owned $1.095 trillion of the total $28 trillion U.S. national debt.”
The Countries Most in Debt to China
https://www.statista.com/chart/19642/external-loan-debt-to-china-by-country/
Aug 29, 2022
“According to World Bank data analyzed by Statista, countries heavily in debt to China are mostly located in Africa, but can also be found in Central Asia, Southeast Asia and the Pacific. As the new preferred lender to low-income countries, China now holds 37 percent of these nations’ debt. Just 24 percent of the countries’ bilateral debt comes from the rest of the world in 2022.”
The debt in the West is clearly mostly internal, but the most powerful creditors can screw over and over again the weaker nations most indebted to them.
The economic slowdowns have been planned and have little to do with the lack of credit. As for the debt, there is no such thing as debt without a creditor, and the principle creditors of the world have been using a great deal of the credit they have created out of nothing to buy up any asset they can get their hands on. They would not becoming rich in assists if everything was going to go belly up. Rather their plan is to move to the lifeboats of various assets while they suddenly cancel their credit to the commercial banks and our governments forcing the end of every thing and service they have deemed as “nonessential”.
The change is from a Western conglomerate model to a globalist corporatocracy one, and for the economy of the world to be “reset” according to their designs, with everyone’s lives to be regulated by their centralized technocratic systems. Hence, all of the fear porn perils generated by the globalists:
– the global warming and climate change hoax with mad weather manipulation going on at the same time; the deliberately-engineered debt-bubble pretext of the West with trillions from the trillions in QE diverted for the largest wealth transfers in history;
– the Covid plandemic to help in the transfer of personal and local powers to centralized controls, mainly to help usher in the UN/WEF/NWO agendas;
– the interference with supply lines and food production to generate more fear and dependency on centralized controls and distribution;
– the shrinking of access to credit in order to ensure control of which enterprises flourish or survive; and finally
– the peril of a WWIII to ensure total compliance.
It is all about control of us. Communist China is a creation and prodigy nation of the money-power (the “credit power’) of the West, and it is “the” model nation of compliance and technocratic controls they have prepared for us. All they have to do is to nullify our personal rights and freedoms. Virtually everything happening on the world stage right now is to effect the UN-WEF-NWO plans for the globe and total control over every aspect of our lives.
@ juan kerr on January 25, 2023 at 8:55 am
” This is why after Russia threw them (the Rot Schild banking cabal) out and putin will not let them back in ”
https://www.dzig.de/sites/default/files/Putin-Rothschild-Rockefeller.htm
Crypto j. & chabad laptop / dog Vlad P. never threw out the RotSchild bankers / this j. masonic deception
https://i0.wp.com/fitzinfo.net/wp-content/uploads/2018/03/Putintard-Logic-media5.jpg?ssl=1
At his links you will find an abundance of links “The Putin Dossier” proving your view on Vlad P. is
not correct….
Last but not least P. gave a prestigious award to Gintsburg (a j.) the ceo of the Gamaleya inst. tht fabricated the Sputnik jab
May 2021 https://www.bitchute.com/video/1BlGS99rteR6/
“The Mark of the Beast and the Vaccine. A Russian Hacker discovers that the Sputnik Vaccine in Russia contains Nano computer chips which allows the One World Gov to track you from anywhere in the world & in real time.”
Vlad P. 1000% nwo = jwo
P.S. Anthony Migchels has written clear articles about Adolf H. / quite similar to Vlad P. in a way : Hitler did not throw out the j. bankers he was financed by them…..
https://www.broese.nl/boek?authortitle=sutton-antony-cyril/wall-street-and-the-rise-of-hitler–9781905570270# with a clear cover design / ( there is a free pdf / if my memory apparatus is functioning ok this moment)
CIA O
THERE IS NO NATIONAL DEBT, can you moneys get that through your head?????
“DEFICIT” DOES NOT MEAN DEBT, it means that funds are not in the right account.
“Never trust anyone who is anti-Hitler.” –Nico X
Randolph: you are wrong. A deficit is a measure of shortfall, what you need to spend. So if your country has predicted running cost of 100 million, but you only have 80 million, you have a 20 million deficit. So what corrupt countries do is borrow money created out of thin air to fill the short fall.
The US and UK are permenetly running deficit economies, as in over spending, so borrowing goes up.
What many don’t get, is that debt is an asset.