Quietly outside of public view, those in control have made a series of regulatory changes preceding the coming collapse that basically dispossessed the American people of all our property. Most Americans have no idea this happened, but when the rubber meets the road, they will learn in an instant that their lives and futures have been stolen from them.

Paul Craig Roberts unpacked the issue in a three-part series called “The Great Dispossession” that the bubble will, in fact, pop. It is not a matter of if it will pop, but rather when it reaches its inevitable limit.

“The Fed suddenly and rapidly moved from zero to 5% interest rates, a reversal of the policy that drove up prices of stocks and bonds,” Roberts explains, citing the work of David Rogers Webb.

“The Fed raises rates by reducing money supply growth, thus removing the factor supporting high stock prices and collapsing the value of bonds. This results in a lowering of the value of stocks and bonds serving as collateral for loans, which, of course, means the loans and the financial institution behind them are in trouble. Bonds have already taken a hit. The stock market is holding because participants believe the Fed is about to reverse its interest rate policy and lower rates.”

(Related: Did you catch the Jeffrey Prather interview in which he talks about the impending financial collapse, which will be followed by the implementation of the Mark of the Beast?)

The biggest bubble pop ever

Prior to the great stock market crash of 1929, the velocity of circulation took a precipitous fall. This means the number of times a dollar is spent during a given period of time decreased dramatically, which destabilized the markets.

The private Federal Reserve tries to manage this process to prevent such crashes, but the reality of fractional-reserve banking is that there will always be booms and busts due to the corrupt nature of fiat currency, which is not real money.

What happened in the leadup to 1929 is once again happening today. The 21st century as a whole is marked by a long-term drop in velocity of circulation, which is currently at the lowest level on record.

Meanwhile, stocks and real estate have been driven up to sky-high prices well beyond what they are actually worth in real terms. When the bubble pops, it will be the biggest bubble pop ever, producing unprecedented dispossession and economic collapse.

“When after more than a decade of near zero interest rates, the Fed raises interest rates it collapses the values of financial portfolios and real estate and produces a financial crisis,” Roberts says.

“As the authorities have set in place a system that bails out secured creditors with our bank deposits, stocks and bonds, we will have no money and no financial assets to sell for money. People with mortgaged homes and businesses will lose them, as they did in the 1930s, when they lost their money due to bank failures. People with car payments will lose their transportation. The way the system works is you lose your money but not your debts.”

You can expect more bank collapses, which will mean the loss of your deposits. The federal insurance program will not recoup whatever you lose because, as previously mentioned, all deposits have been turned into collateral for creditors.

“It has all happened before, but not on the scale of what is pending,” Roberts warns.

It won’t be long now before the inevitable happens. Find out more at Collapse.news.

Sources for this article include:

• PaulCraigRoberts.org
• NaturalNews.com

Today’s youth are more likely to be marching in support of sexual perversion than wondering about the source and purpose of the 9/11 attack.

Over the years I have reported the mounting evidence provided by scientists and by architect Richard Gage’s Architects and Engineers for 9/11 Truth until the organization he created removed him at the request of the government, effectively destroying the organization.  But for me the proof that 9/11 was an inside job has always been that no one in government and security agencies was ever held accountable for the worst humiliation ever inflicted on an alleged “superpower.”

Instead, it took a year before the White House even agreed to an official coverup with the 9/11 Commission, another in the long line of commissions like the Warren Commission that validates the official story. If a few young Saudi Arabians had actually defeated the entire national security apparatus of the United States, the White House would have been screaming, and heads would have rolled.

The neoconservatives had just called for a “new Pearl Harbor” so they could launch their wars of destruction of Israel’s enemies in the Middle East. They immediately blamed 9/11 on “Muslim terrorists” and began their invasions that halted only when Russia blocked the neoconservatives’ overthrow of Syria.  So it is pretty clear who is responsible for 9/11 and why.

Many Americans today understand what really happened, but the government will never admit it.  It takes decades for the truth to come out, and by then everyone affected by the event is dead, and the event becomes ancient history.

It is paradoxical that President Trump is in the dock for questioning an election, while Dick Cheney and the neoconservatives, and the whore media that covered up for them, never faced a single charge.

Article cross-posted from Paul’s blog.

There is also the problem of the currency and interest rate derivatives.  No one knows the risk in these instruments.  The US dollar itself is declining in use as world reserve currency.  Alarmed by Washington’s weaponization of the dollar with sanctions and confiscations, much of the world is arranging to abandon the dollar’s use to settle international trade accounts, but the supply of dollars is not declining.  This implies a fall in the dollar’s exchange value. The offshoring of manufacturing and food production has made the US heavily dependent on imports.  A loss in the dollar’s exchange value resulting from countries settling their trade balances in other currencies means a sharp rise in US inflation.

The Federal Reserve hasn’t the intelligence to think through the consequences of its higher interest rate policy.  The federal government cannot comprehend the consequences of offshoring for the US trade deficit or the consequences of continuing massive US budget deficits for the Treasury market.

Washington is too arrogant to comprehend the new way in which the US is perceived abroad.  The world sees the dollar-based reserve currency system as Washington’s punishment device, and the world sees dollar-based debt expanding while demand for dollars declines.  The result will be a drop in the foreign exchange value of dollar denominated financial instruments such as stocks and bonds.

The collapse of the Soviet Union gave Washington the opportunity to lead the world on a path of peace and economic development.  But the neoconservatives could not resist their attempt for world hegemony and launched twenty-five years of war.  Wall Street and corporate executives with eyes on bonuses could not resist deindustrializing the US by locating US manufacturing offshore, thus boosting Chinese economic growth instead of American economic growth.  These major failures indicate the total failure of US policymakers.

The repeal of the Glass-Steagall Act in the closing days of the 20th century launched the US into the 21st century on a path of financial instability.  Nothing has been done to correct this, and nothing has been done to correct the offshoring mistake or the failure to control the supply of government debt.  As countries move away from using the dollar to settle international transactions, a dollar glut will result in US inflation and declining American living standards.

Discussing the seriousness of our country’s situation with Michael Hudson, it is difficult to find hope. To admit that mistakes are being made implies acknowledging that we are on the wrong path and that China, Russia, and those governments aligning with them are on a better course, using their banks for financing industrial wealth instead of acting as brokerage casinos and dealing in financial arbitrage and debt leveraging.  No American policymaker will risk being asked “why do you support the policies of Xi and Putin?”  That they, and not us, have the right policy is not a permitted thought.

Article cross-posted from Paul’s blog.

The Constitution has been eroding away for a long time. The liberals said the Constitution had to be a living document, which means that it is forever changing, which means redefined, which means eroded.

The Tenth Amendment was lost to Abraham Lincoln. George W. Bush got rid of habeas corpus in the name of national security when he declared that the “terrorist threat” gave him the power to hold American citizens indefinitely without presentation of evidence to a court, without trial and conviction. And he did. Obama one-upped Bush. He said he could execute American citizens on suspicion alone without due process of law. And he did. Bush and Obama were not held accountable for their violation of the US Constitution.

Today free speech and association are dead letter rights. Everyone can now censor our free speech–employers, school boards, people claiming they are “offended,” social media, print and TV media. People who say something “offensive” can be erased and never heard from again. What this means is that whoever controls the right to be “offended” can cancel the free speech of those who cannot claim to be “offended.” Without free speech, there is no debate, just the imposition of approved views.

In Woke America, this is the situation today.

You can also tell a coup has occurred when traditional patriots like Make America Great Again Trump supporters and Oath Keepers are demonized by media and government officials as “domestic extremists,” persecuted, and imprisoned on false charges, such as the Americans who attended a rally in support of Trump and were  turned, with Republican complicity, into “insurrectionists” who tried to seize control of the government by taking selfies of themselves sitting in Nancy Pelosi’s chair.

When something so juvenile can be designated an insurrection, you know a coup has occurred. The message is clear. Those supporting the established order against the coup that is being imposed are enemies of the people.

You can also tell a coup has occurred when perversity of all kinds, particularly sexual, is celebrated and normality is derided as “fascism” or some form of phobia or other word of abuse. When the moral high ground is held by LGBT– people who cannot reproduce–and nature’s norm of heterosexual is regarded. as an unjustified definition of normality, the natural order has been overthrown.

That’s where we are today. Soon pedophilia will be declared normal, and there will be brothels where formerly depraved people, now normalized, can have sex with children.

Impossible, you say, but not, for once one perversity is legitimized, all others follow, as we have experienced. It is just a matter of time. Once the rot starts, it doesn’t stop until the job is finished.  We already have one foot in Sodom and Gomorrah, and the other foot is drawing nearer.

Article cross-posted from Paul’s blog.

Jefferson owned slaves because slaves comprised the agricultural labor force of his time. Slavery was an inherited institution. It was established in territory that later became the United States long before Jefferson was born and long before the United States existed or was even a thought in someone’s mind.

There was nothing Thomas Jefferson or anyone else could have done about it. Turn them loose, you say. Examine what you are saying. 18th century slave owners, such as Jefferson, were not responsible for slavery. It was the existing labor institution into which they were born. Economists will tell you that the price of a slave was the present value of his lifetime wages. Having paid these wages in the slave’s price, how were agricultural producers to pay it a second time by freeing slaves and then hiring them back as workers?

If the US then had the high revenues or money creating capability of today, the government could have compensated owners for the value of the slaves, thus providing a bucket of money for wages with which to reemploy the slaves. Without compensation, the plantations would be confiscated of a work force and without a work force would have to close down. The freed slaves would have no means of subsistence. It is likely that the cost of what is called incorrectly a “civil war” greatly exceeded the cost of compensating slave owners. But, of course, the war was not about slavery. It was about forcing the South to pay the tariff on which the development of Northern industry depended. As President Lincoln said, the South can have slavery forever if they consent to staying in the Union and paying the tariff.

As a result of the takeover of education by ideologues, the level of ignorance in the US is so high that people actually believe that slave owners enslaved the blacks. That is not the case. The blacks arrived in what later became the US already enslaved. They were enslaved by the black king of Dahomey, whose successful slave wars fed captured blacks into the slave trade.

White people did not enslave blacks. They purchased blacks already enslaved by other blacks. They purchased blacks, because that was the available labor force, not because white people were racist. There were just as many white slaves, if not more, held by Muslims at the time.

In American universities and public schools ignorant hatred has displaced objective learning. The only facts are the invented ones that support the false narratives. Truth has been kicked out of American education which today consists of little but anti-white rants.

And so Thomas Jefferson who wrote the Declaration of Independence and who was born in the era of slavery has been cast aside in favor of the first black female graduate of a New Jersey high school. Why the first black female graduate? Why not the first white female graduate? Feminists would say the later is just as much a feat. Why not the first handicapped graduate? Why not the first . . .

During the slavery era not only did blacks in Africa own black slaves, but also free blacks in America owned black slaves. So did the Cherokee Indians who took their black slaves with them on the Trail of Tears when the federal government uprooted the Cherokees from their homelands in Georgia and forced them to march to relocation in what became Oklahoma.

It is a paradox that it is considered restitution to remove white names from schools, streets, and parks and to replace them with black names, but it is offensive to place Indian names on sports teams, rivers, counties.

The way things are going, Indian names are being erased along with the names of the white people who created the United States. Soon we will have a country whose history has been recreated after the fact.

Article cross-posted from Paul’s blog.