Folks, the financial system is going to collapse catastrophically. And it will happen, not because of the reasons most would think. It has to happen, and it will happen, because it is the most effective way for the rising international (Western) ruling elite to consolidate power, in the final stages of an ongoing process.
The Western world financial system is specifically designed to transfer wealth and power from the populace to a tiny elite at an increasingly accelerated rate.
Wall Street, The Euro Zone, the International Monetary Fund (IMF), The FED, huge multinational corporations, and international financial companies like Goldman Sachs, are all closely linked, and have many common interests. Spreading democracy, and economic security for the average citizen are not included in the list of those interests.
To make a long story short, here's what happens: When the financial markets collapse, the net result is a huge (huge, humongous) transfer of wealth and power to a tiny (discrete, easily identifiable, and surprisingly stable) elite, and a proportionate huge loss for the rest of the population.
Too conspiratorial? Here's an infallible test: The 2008 financial market collapse (caused by the Ponzi schemes involving phony rating grades, and the induced real estate bubble, credit default swaps, CDOs) plunged tens of millions of Americans into homelessness, poverty, and economic insecurity, and at the same time the top 1%, .5%, and .01% increased their take of the nations wealth and income to levels not seen since the Great Depression.
The reason the financial market collapse is inevitable is because it is the only "whip" powerful enough to pacify the restless masses of people as they have finally figured out that the system is rigged. And so people are Occupying Wall Street, or taking to the streets in Greece, and England, and Spain, demanding an end to the "Plutocracy."
Markets crashing and collapsing mean only one thing: Regular folks lose their savings, and pensions, and government are forced to enact "austerity" measures.
Again, it does not mean that the monied ruling elite is affected in any way. To the contrary, the Plutocrats gain more wealth and power.
So it has to happen in order to use it as a "shock-and-awe" tactic against the masses. And when it happens, the Plutocrats' propaganda apparatus (most of the mainstream media in the U.S. and Europe) will contribute in whipping up confusion and fear in the populace.
The fix is in.
What to do? People taking to the streets right now and protesting need to get much more organized, and disciplined. This situation is very serious, and there isn't much more time before a series of "shock doctrine" events start happening with more frequency.
The IMF, Wall Street, are huge scams. When the markets crash and the mega-banks collapse and demand that they be bailed out again, the people should demand that none of the foreign debts be recognized; that all the mega-banks are dismantled; and that the entire financial system be temporarily nationalized.
No more "austerity" measure should be accepted; no cuts in any of the social safety net programs.
And there should be a massive infusion of money into the economies of the countries affected... These are just some of the things that should happen.
Also, because those things are unlikely to happen because of the corruption and collusion between the governments of these countries and their masters (monied elite), the citizens should start thinking in a very serious manner about local sustainability initiatives (food, water), communes, collectives.
Finally, I'm sure that investors in the private prison industry are probably salivating and rubbing their hands in anticipation to the swelling of prisoners filling up these institutions as protests spread throughout the country.
When the markets collapse, there will be such confusion and chaos, and fear, and that's when the ruling elite is going to make their final putsch to consolidate power.
Reader, save this "rant" somewhere... If these things don't happen within three months, come back and make fun of me (or maybe start now if you want). Hopefully, I'll still be around to apologize for my faulty analysis (and predictions).
I'll rather apologize for being wrong in these predictions, that to see them come to pass. But right now, that's what I see coming.
We'll see.
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