The most epic and dangerous economic STORM in history is now upon us

Thursday, May 05, 2022 by: Mike Adams
Tags: bankruptcy, chaos, Collapse, debt bomb, economics, Europe, fiat currency, finance, Germany, money, risk, stock market, Wall Street

Image: The most epic and dangerous economic STORM in history is now upon us

(Natural News) The most epic and dangerous economic storm in history is now upon us… and there’s no way out. The central banks and government kleptocrats have set the trap for themselves, and now they’re caught with no escape.

Yesterday the Fed just raised interest rates by 50 basis points (0.5%) in an effort to stem the tide of exploding inflation. But with real inflation at anywhere from 15% – 25%, the tiny gesture of 0.5% will have little effect at halting inflation.

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The US trade deficit has now soared to nearly a $110 billion deficit in one month (March), which means the US simply isn’t exporting much, compared to all the things it is importing. This is a frightening indicator for the state of the US economy in the long run.

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With mad money printing continuing at a panic pace, it’s only a matter of time before the entire debt-based fiat currency deception machine implodes, leading to what financial analyst Gregory Mannarino predicts could be up to 80% losses in stocks, bonds and other dollar-denominated assets. See the Mannarino interview here:

https://www.brighteon.com/embed/951f8935-870c-4fdb-8958-e27c17f5e6f9

That same channel on Brighteon, “Liberty and Finance,” also interviewed Andy Schectman, CEO of Miles Franklin, a large retailer of precious metals. In that interview, Schectman unveils his stunning analysis (which I agree is accurate) about how BRICS nations are poised to unleash their own gold-backed digital currency that will instantly unseat the dollar as the world reserve currency.

Importantly, Schectman explains this will happen in one day, without warning, with no exits for those left holding dollars. This is a very important interview to pay attention to (I’m going to be interviewing Schectman in a few weeks to get even more details about his analysis):

https://www.brighteon.com/embed/cb68a31e-504a-45ce-bf33-12bfe5132996

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Governments of Switzerland and Germany suddenly urge their citizens to stockpile supplies and prepare for power grid collapse

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n essence, Germany and Switzerland are warning their citizens to prepare for an energy and economic crisis that was artificially created by their own governments. That’s the sheer stupidity of progressive socialist Europe, which will almost certainly see the complete destruction of the Euro currency in the next year or so, only adding to the economic suicide of the West.

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Read full article at: https://www.naturalnews.com/2022-05-05-the-most-epic-and-dangerous-economic-storm-in-history-is-now-upon-us.html

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