Fitzwilson: Who Is Crashing The System?
- I have warned repeatedly that the Illuminists are lining up the pieces for a catastrophic crash. They are planning to pull the plug on the current system/order. A global economic, financial and monetary collapse is coming! Am I insane for suggesting this? Robert Fitzwilson, below, is suggesting exactly the same thing. Got physical gold yet? (emphasis mine)
Who Is Crashing The System?
With continued volatility in many of the key global markets, 40 year veteran, Robert Fitzwilson wrote this exclusive piece for King World News. Fitzwilson is founder of The Portola Group, one of the premier boutique firms in the United States. Here are Fitzwilson’s observations: “We know that the world’s debt-based, fiat money system can only be revived and sustained by the combination of more debt creation and consumption. We have arrived at a critical point in history.”
“It has been a common belief, ours included, that there are two alternatives, print more fiat money or risk a catastrophic global depression. A sane person will only choose the ‘print’ option that leads to the avoidance of an economic Armageddon, even if the effect is just temporary. But, what if this is a flawed scenario and set of assumptions? What if there is another path, and that path is to effectively crash the system? We all know that the accumulated and accrued obligations cannot be repaid and paid, respectively.
“Any thinking person with a calculator knows that the current global monetary system is going to fail given enough time. Rather than going through the charade of more quantitative easing, what if the central banks, the collaborating Western governments, and the financial elites decide to let the system fail now?
Investors need to consider the possibility that people in control are not simply trying to scare the public as they have done during the last 8 trading days, but a larger plan might be afoot. That plan could be to accelerate the emergence of a new dollar.
Other countries are taking actions that are designed to dethrone the dollar’s dominance. Some of these actions are making headway, perhaps too much headway. If the threat of success becomes too great, a preemptive strike to bring down the financial and commodity markets before strong rivals emerge is a possibility to consider.
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