​​The US economy is toast:

The US economy is toast.

Central bankers, particularly those at the US Federal reserve, have put themselves into a death trap.

No matter what happens in the next few years, it will be bad for America.

This week inflation came in at 6.2% month over month since last year. (Source)

It’s likely a lot higher.

That’s a massive problem for the central bank.

If they raise interest rates right now, they’ll tank the market.

If they don’t and continue printing money, they’ll get hyperinflation.

They’re doomed no matter what they do.

The fear for the bankers who have been a part of the current establishment like Janet Yellen, Ben Bernanke, Jerome Powell and Alan Greenspan have put us in these circumstances.

They allowed moral hazard to take place multiple times.

They always backstopped the financial markets and the banks.

They were terrified of a Great Depression in 2008 so they printed money and bailed out the banks.

Those at the top were allowed to take insane risks and paid no consequences.

There was no reform for Wall Street.

The problem never got solved.

Now those guys have put the US and world economy in a death trap.

Everything is connected today.

China also has a huge debt problem. They’re probably already in a recession.

The wealth management and real estate industries are going to get crushed.

That has consequences for the world because the world’s banks own Chinese debt.

Once the Chinese developers default on their bonds, which have probably already happened, the world’s banks have to write down their portfolios.

That could have ripple effects on other financial institutions and eventually hedge funds.

Once it comes to that, the MOASS should commence.

We got confirmation this week that the Fed, 10 months after I made my call about the market crash due to the short squeeze of hedge funds, knows the meme stock short squeeze could cause massive financial instability. (Source)

This will affect every financial institution in the world.

It’s a domino effect.

Plus we have inflation, supply chain concerns, fall in growth, sky high margin debt, sky high market valuation to US GDP, people quitting jobs, the workforce not coming back, more people into the market, people putting money into crypto, etc.

There are so many signs that we’re in a massive US stock market bubble.

The popping of that bubble will be epic from a history perspective.

It will also be devastating for so many.

This is why I struggle with writing these thoughts sometimes.

It’s heartbreaking for so many.

Through no fault of their own and the actions of a few, the world will suffer.

Businesses will close, banks could go under, asset values will get crushed, people will lose houses, lose their jobs, lose their access to healthcare.

It’s depressing to think about.

The reason I continue to write is so people can be informed about what I saw.

If I’m right about some of these predictions, I know I’ll go down in history.

Even if no one believes me, I’ll always know.

That’s all that matters.

But it makes me sad because this will affect so many people around the world.

Revolutions will happen.

There will be currency crises.

There could be a war between the US and China over Taiwan.

Violence is a staple in history.

Everyone wants to rule the world.

America has since post World War 2.

They’re finished as the world’s leading superpower the next few decades.

They don’t invest enough in their own manufacturing and education. They don’t invest in their population because America is controlled by corporations.

The divide between those at the top and everyone else has grown too big.

We need a reset.

We need to let evolution take its place.

Evolve or die.

Problem today is the US Fed and central banks won’t let the financial system fail.

Shit, they’re trading their own portfolios while setting monetary policy.

It’s so corrupt.

The whole system needs to be rebuilt.

How that happens will be very interesting to watch.

Who takes control of power?

There will be power grabs all over the world as people revolt.

Military coups are already happening.

Look what’s going on in Sudan.

The military is trying to control.

That could happen a lot more going forward.

Things are getting too expensive.

My dad went out to a nice restaurant for the first time in years.

The first thing he told me when he got home was ‘Inflation is here.’

People are noticing.

It’s happening everywhere.

This is not even just an American problem.

China had its highest inflation rate in years.

Same thing in Europe.

Bankers have to get that under control, but the only way they do it is to raise rates.

The problem is America can’t because they won’t be able to afford the debts they owe to other bond holders.

If they can’t pay, that means default.

All currencies have failed in history.

History is undefeated.

America will be no different.

That will be a very scary time for the world.

The problem is America just keeps running up its debt.

The American economy is built on debt.

If you take out debt, you eventually have to pay it off.

If you can’t, you default.

Restructure.

Start again.

Everyone gets a reset.

If America keeps printing money instead, they’re going to cause inflation problems across the world.

Many currencies are pegged to the American dollar.

No one wants to have a currency going through hyperinflation.

It ruins those at the bottom through no fault of their own.

Countries will keep dumping American debt.

Economic crises often precipitate major events in history.

The next few years will be the same.

Those who have planned properly will win out.

The rest will be collateral damage of those at the top who have designed the system to only benefit asset holders, aka rich people instead of everyone.

It’s terrifying to think about all of this. I mostly think I’m crazy.

I remember trying to explain this to my brother earlier this year and he thought I was insane.

Same reaction from one of my best friends.

I probably am insane.

This all sounds insane.

I know.

But what if I’m right?

Then my life changes forever.

The US economy is toast.