{"id":241067,"date":"2021-08-20T06:35:22","date_gmt":"2021-08-20T06:35:22","guid":{"rendered":"https:\/\/www.thetruthseeker.co.uk\/?p=241067"},"modified":"2021-08-21T05:31:24","modified_gmt":"2021-08-21T05:31:24","slug":"anthony-migchels-another-financial-crash-is-inevitable","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=241067","title":{"rendered":"Anthony Migchels – Another Financial Crash is Inevitable"},"content":{"rendered":"

Anthony Migchels \u2013 henrymakow Aug 19, 2021<\/strong><\/h1>\n

OMINOUS SIGNS<\/strong><\/h3>\n

The Fed is likely to start tapering, monetary tightening, because of rising prices. Meanwhile, Commercial Banking is limiting lending. Conveniently, cyber attacks are now taking place.<\/strong><\/p>\n

“What’s next?! A crash of financial markets is unavoidable. However, the crash will be sold with a ‘reset’ of the Financial System. This will involve not bail outs, but bail ins: creditors, shareholders, and depositors will be made to pay.”<\/strong><\/p>\n

(KEEP READING FOR CHRIS PIRNAK’S RESPONSE)<\/p>\n

by Anthony Migchels \u2013 <\/strong>(henrymakow.com)<\/strong><\/h2>\n

The story is that prices are rising faster<\/strong> than expected, and that the job market is overheating.<\/p>\n

However, while prices are indeed rising, the other economic facts on the ground are very different: labor force participation rates are still well below the pre-lockdown levels.<\/p>\n

Not only that, last week it was reported that US consumer confidence cratered to the lowest level in 10 years.<\/p>\n

The Biden Administration will be running a $3 Trillion deficit this year. That’s 14% of 2019 GDP.<\/p>\n

US Government debt has risen from $22,6 Trillion in 2019, to $28,7 Trillion now, in just two years.<\/p>\n

They’re selling this as ‘cuz covid’, but the real reason is that the Government is playing ‘debtor of last resort’, in a desperate bid to keep the economy liquid. However, these numbers are not merely ‘unsustainable’, they’re end game.<\/p>\n

 <\/p>\n

Continues \u2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

“The crash will be sold with a ‘reset’ of the Financial System. This will involve not bailouts, but bail ins: creditors, shareholders, and depositors will be made to pay.”<\/p>\n","protected":false},"author":39262,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[66],"tags":[],"class_list":["post-241067","post","type-post","status-publish","format-standard","hentry","category-Economics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/241067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/users\/39262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=241067"}],"version-history":[{"count":2,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/241067\/revisions"}],"predecessor-version":[{"id":241191,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/241067\/revisions\/241191"}],"wp:attachment":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=241067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=241067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=241067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}