G7 Banana Republics On the Road to Zimbabwe!

The global financial cataclysm is mushrooming with every stroke of the keyboard at a central bank, with the issuance of new debt to cover old debt, and with the illusion of creating money out of thin air. It is all debt, nothing else, with no final settlement…. EVER. You exchange the money you work for and save and buy a government bond; they print the money to pay you back and PRETEND you have been paid. The situation is just as Von Mises outlined:

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved” -Ludwig Von Mises

The LEADERS of the developed world have chosen the latter route. This is a currency and financial-system extinction event, make no mistake. Only the zigs and zags on the path to that destination are UNKNOWN. We’re seeing the most powerful forces on the planet aligned against each other: King Kong (Mother Nature and Darwin) versus Godzilla (public servants, banksters, elites and crony capitalists). Read more...