To: carranza2 who wrote (200800 ) 8/15/2023 7:16:55 PM From: TobagoJack Read Replies (1) | Respond to of 218134 and more ...standard.socratesplatform.com When it All Comes Crashing Down MONDAY, AUGUST 14, 2023 BY: MARTIN ARMSTRONGCOMMENT #1: Hi Marty, If I am reading this chart correctly, we are, as you have been warned, imploding already due to interest payments. This looks like we could be nearing $4 Trillion in interest payments alone for a single year. Their answer will be CBDCs and canceling all debt. But my question is, how does the dollar still go up if, through CBDCs, governments can stop all capital movement? Thanks, and see you at WEC, NormCOMMENT #2: Marty, I have to comment that only you have forecast these events ten years in advance, if not more. Your reports on the sovereign debt crisis laid it all out. I understand your frustration with how these governments always call you in, yet they seem to hope you will change your forecast. I bet that when this all comes crashing down, they will send a private jet for you and ask you to fix it all in 24 hrs. I know for a fact they even came to you when you were in prison in 2008. That took the cake. This debt will bring them down. As you said, the percent of the total debt is consumed by interest. Can't wait for the next WEC JedREPLY: Yes, the debt will soar, which is why they are desperate to default and create a new currency with the CBDCs. They have ZERO intention of ever reforming the monetary system to stabilize the global economy. You have the Neocons only interested in creating World War III and ignoring that China was the largest holder of US debt. They have been dumping the debt because you do not fund your enemy. Reducing the demand for debt means that interest rates MUST rise regardless of the CPI or unemployment statistics. These armchair analysts only look domestically. They NEVER look at the world. Because they artificially lowered interest rates to a 5,000-year low, there is nowhere to go BUT UP, UP, and AWAY ! These morons are oblivious to history and buy into the whole Marxist agenda, where they believe that government has the power and the knowledge to control the economy's fate. I finally found a copy of Keynes' 1926 book "The End of Laissez-Fair," which effectively endorsed Marx and this entire mess that we now find ourselves in. Before he died, he admitted that he spent his life claiming that Smith's Invisible Hand was wrong. He was compelled to admit he was wrong. The rest of the economic community ignore Keynes' lamentation. They want to retain that power to tell the government that only they can control the economy. This is the problem with academics. They talk theory but have no practical firsthand experience. This is where Klaus Schwab comes into play. He promotes communism and total control. He is a well know control freak. Everything must function the way he decides. The more the economy gets away from them, the tighter they will tie the noose around the necks of everyone desperate to retain their position of power. He wants to control every aspect of your life. What you think, what you buy, sell, how many children you would be allowed to have based on your credit score, insert chips into your brains, and birth control chips into women. He spouts out the same nonsense if you have nothing to hide, you will have nothing to fear. But that is all a question of interpretation. We cannot even agree on what a woman is anymore. With conspiracy laws, you become a worthless citizen if you donate money to some protest, like the truckers in Canada. As you can see, the total accumulative portion of the debt, which is interest expenditures, is rising again. It managed to decline with artificially low-interest rates. While the pundits looked at the Fed and QE, they missed the entire problem. The Fed has no power over the fiscal budget. This is why the Fed will NEVER be able to reach a 2% inflation goal, and they know it. The problem - the talking heads on TV and mainstream media are oblivious to the real trends. The system is no longer sustainable. That is why they are desperate to push forward with canceling paper currency to force us into CBDCs where they will control every aspect of our lives. PRIVACY will be a thing of the past. All human rights no longer matter, only the survival of the state. The cancelation of the Continental Currency of the revolutionary government led to the Panic of 1792. The failure of any immediate convertibility of the Continental dollar to the new US dollar led to speculation and volatility that plagued the financial markets. The Bank of the United States script became the focus of a flight to quality which was public to private that caused wild gyrations and insane volatility. The price swings from its original price of par 100 in the Bank of the United States script rose dramatically in a bidding war that saw the high reaching 195, followed by a collapse back to 110 with a reaction rally after that to 145. Such wild price swings in this script issue caused numerous failures. The flight of assets from PUBLIC to PRIVATE led Ben Franklin to utter one of his most famous quotes. I am preparing the next Special Report for the #1 question will be the coming tyranny of the CBDCs and the cancelation of the paper currency in Europe, Japan, Canada, Australia, and the United States. We are looking at the timing from the computer and this is coming a lot faster than people may suspect.