EDITOR - - - During the U.S. Great Depression the economy was so fucked up that people would trade chickens for goods and services.
There is no reason it cannot happen again.
(Natural News) Western Europe is facing “total collapse” from catastrophic scarcity and price hikes surrounding food, fertilizer, energy and industry, warns David Dubyne, featured in today’s Situation Update podcast (below).
Silver guru David Morgan, also featured in today’s podcast, adds that European banks are facing the possibility of systemic failures (and “bail-ins”) due to exposure to energy markets and the desire of Western European governments to keep printing money to try to address the devastating energy scarcity that is now irreversible.
American banks also have exposure to Europe’s economies, which means a failure of Western European banks, governments and currencies will spread like contagion to the United States and the dollar.
With no solutions in sight — and no willingness among Europe’s politicians to even consider reversing their suicidal policies that led to this crisis — it seems that Western Europe is doomed to a simultaneous collapse of food, energy, industry, agriculture and currency.
Putin, it seems, won’t need to go to war with NATO after all. NATO countries are destroying themselves with astonishing speed.
COLLAPSING FOOD AND ENERGY SUPPLIES
Now, we are just a few months away from watching in horror as decades of virtue signaling and bad policy decisions comes to fruition, bringing Western Europe to its knees with a level of devastation that hasn’t been witnessed since World War II.
As a measure of just how bad it is, the government of Switzerland is now threatening a three-year prison sentence for anyone who heats their home over 19 degrees Celsius (about 66 degrees F). It is also reported that heating water over 60 (C) will be a criminal offense, and if that also applies to cooking, then no one in Switzerland will be able to boil water without become a criminal.
Apparently, the Swiss government is going to unleash a wave of “temperature police” to burst into people’s homes and measure their indoor temperatures to make sure no one is actually warm. Even if you heat your house with wood, you can still go to prison for producing too much heat.
Unfortunately, this self-inflicted destruction won’t end with the fall of Western Europe. Unless the trajectory of all this is immediately altered, the catastrophe will spread to all western nations, including the United States, Canada, Australia and Japan, bringing down their industry, real estate values, GDPs and currencies.
We are looking at the systemic, unrelenting wipeout of the Euro, the Yen and even the dollar, combined with global de-dollarization efforts already well under way by China, Russia, India and Saudi Arabia.
The era of abundance is over. Prepare for the era of collapse.
More at NaturalNews.com
Silver Guru David Morgan issues dire warning over cascading global BANK FAILURES starting in Europe
1 comment:
During the Depression 90 years ago a huge percentage of people lived rurally and could raise
chickens, grow gardens and acquire their own food. That's not true now. America has been in a Recession since early 2020....and we are steaming headlong into a Depression....one that will make the 1930's seem like a picnic. There are at least 3 times as many people in America now as there was in 1930 and virtually NONE of them can grow their own food. We ain't seen bad yet....but IT'S COMING!
Post a Comment