Summary
A global revolution is near due to the collapse of the Western economic system, driven by debt, poor governance, and elite greed, which is leading to economic devastation, potential wars, and a shift towards a new world order.
Economic Turmoil and Gold
Gold prices have skyrocketed to $4,400 per ounce, but Bob Moriarty advises against buying at this price, as gold has increased 125-fold since 1967, outpacing other assets.
The collapse of Japanese and US bond markets, combined with the bankruptcy of UK, France, and Germany, creates chaos where people view gold as the safest option.
Geopolitical Shifts
The decline of the West is catastrophic, with the US and Europe facing unprecedented debt and bank system failures, while Russia and China understand and protect themselves from the situation.
The BNP Paribas collapse of Europe’s second-largest bank is a crisis that could prevent the West from launching a war, as they would need a false flag operation to justify it.
Resource Dynamics
The rare earth element situation is misunderstood; these elements are common, but processing is rare and messy, with China dominating due to their willingness to handle it.
China’s capabilities in manufacturing and processing rare earth elements and magnets are crucial for automobiles and electronics, giving them a significant advantage.
Military Tensions
The US military is preparing for war in Venezuela, with a task force in Puerto Rico ready to attack, despite the country’s commitment to its government.
Societal Upheaval
Oligarchs in the US and Europe are extremely wealthy, but their power is based on deception and manipulation, potentially leading to a revolution against the elites.
The World Economic Forum and BlackRock are promoting a technocratic system where people will “own nothing, owe nothing, and be happy,” which is viewed as a form of slavery.
Global Collapse Predictions
The US and Europe are in a quasi-civil war and will collapse before they can rebuild their economies and reboot their facilities.
A tipping point is approaching, leading to a potential revolution where the peasants rise up against the tyranny of the elites.