The CBDCs Are Coming, And The Elite Plan To Use These “Digital Currencies” To Enslave Humanity

Central bank digital currencies are feverishly being developed all over the globe, and this is something that should deeply alarm all of us.  For a moment, I would like for you to imagine a world where the government instantly knows whenever you buy or sell something.  No transaction would ever be truly private, not even your most personal or embarrassing ones.  In addition, your money would not be truly your own under such a system.  Your access to the digital currency system would be a privilege which could potentially be suspended or revoked with the click of a mouse.  All of a  sudden you would not be able to buy or sell anything and you would become an outcast from society.  Under no circumstances should any government ever be given such power.

Unfortunately, the CBDCs are coming, and they are going to radically change how commerce gets done.

Here in the United States, the Federal Reserve Bank of San Francisco has posted a job listing for a “Senior Crypto Architect” to work on the development of a digital dollar.

U.S. Representative Warren Davidson is very upset about this, because he believes that a CBDC issued by the Federal Reserve would be the “financial equivalent of the Death Star”

The job description specified that the Federal Reserve seeks a technologist to “perform central bank digital currency (CBDC) research and development.”

The expert will work to “ensure the Federal Reserve is well-positioned to design, develop, and implement technology to support a CBDC as may be required by the Board of Governors.”

Although the job listing shows that the Federal Reserve is only working on CBDC research, Rep Davidson believes it is a sign of what is to come and described it as the “financial equivalent of the Death Star.”

Davidson added that CBDC would turn money into a tool of coercion and control.

Sadly, he is right on target.

Once “digital dollars” issued by the Federal Reserve become the dominant form of currency in our nation, whoever has power over that system would truly have an unprecedented “tool of coercion and control”.

So we must not allow this to happen.

Sadly, CBDCs are now in development all around the world.

For example, the UK has been moving toward the development of their own CBDC

The de facto head of His Majesty’s Treasury announced this week that the Bank of England has begun consultations on implementing a Central Bank Digital Currency (CBDC) that could usher in the globalist vision of a cashless society in which all transactions are traceable by the government.

Chancellor of the Exchequer Jeremy Hunt revealed that, as a part of his ‘Edinburgh Reforms’ of Britain’s financial services, the Bank of England will begin consultations on the design of a Central Bank Digital Currency (CBDC) which would act as a digital version of the pound sterling.

Meanwhile, the EU is looking at creating a digital version of the euro.  The following comes from the official website of the European Central Bank

We are working with the national central banks of the euro area to investigate whether to introduce a digital euro. It would be a central bank digital currency, an electronic equivalent to cash. And it would complement banknotes and coins, giving people an additional choice about how to pay.

A CBDC is currently being tested in Brazil, and it turns out that it has hidden backdoor features that would actually allow the government “to freeze people’s funds and adjust their balances at will”

Brazil, like most other masters, seeks to control the population with a central bank digital currency, or CBDC. Its pilot program made it possible for the ruling class to have complete control over the money of the slaves.

The new system contains hidden backdoor features allowing the Brazilian government to freeze people’s funds and adjust their balances at will.  Even though these features are “hidden”, there is no secret as to why these sociopaths all so desperately need people to accept their enslavement through a CBDC scheme.

According to a blockchain developer by the name of Pedro Magalhaes, founder of the Web3 consulting firm Iora Labs, the ruling class will have access to every single slave’s bank account once they roll out the CBDC system.

Magalhaes claimed that he reverse-engineered the code behind Brazil’s CBDC program, which led him to this shocking discovery.

And in Russia, the “digital ruble” is already here.

Just a few days ago, Vladimir Putin signed “the digital ruble bill” into law…

Russia’s president Vladimir Putin signed the digital ruble bill into law today, allowing the country’s central bank to issue its own digital currency.

The digital ruble, which the Bank of Russia has long been mulling over, will be used for payments along with other methods, according to the new amendments to Russia’s Civil Code. The digital ruble accounts will be managed by the central bank, the law says. The bill passed its third, final hearing on July 11 and had been waiting for the president to be signed.

Digital ruble is a CBDC project the Bank of Russia has been working on since 2020, when the Bank of Russia published its first analytical report on the topic. Later, the regulator updated the report including the feedback from Russian banks and other financial market participants. The regulator announced it stared piloting the system with a number of Russian banks in February 2022, shortly before the country started a war in Ukraine.

This was a historic development.

So why did we barely hear anything about it in the news?

Overall, it is being reported that 130 different countries are now interested in potentially developing their own CBDCs…

Out of 195 countries in the world, 130 nations are moving towards building their Central Bank Digital Currency (CBDC).

Wow.

Our world is changing so rapidly now.

Once a “digital currency” is introduced where you live, how will you keep your “digital wallet” safe?

After all, someone could just steal your “digital wallet” and spend all of the “digital currency” that you have saved up.

Well, one German economist is warning that eventually we could see “digital wallets” actually get implanted under the skin

A well-known German economist has revealed that central banks around the world are planning to introduce central bank digital currencies (CBDCs) in the form of microchips implanted under the skin. This technology will enable complete government control over personal finances of its citizens.

“I was taught by a central banker [that] the CBDCs look like a small grain of rice that they want to put under your skin,” said Richard Werner in an interview with podcaster Ivor Cummins. Werner is known for developing the now commonly used bank practice of quantitative easing.

Let us hope that nothing like that happens any time soon.

But we truly are living in unprecedented times, and they are only going to get crazier with each passing year.

If we are going to object to the implementation of CBDCs, the time is now.

Hopefully we can get a lot more people in the general population to wake up, because the clock is ticking.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Will A New BRICS Currency Backed By Gold Mean The End Of Global Dominance For The U.S. Dollar?

Is the global dominance of the U.S. dollar in danger?  In recent weeks, there has been lots of speculation about the introduction of a new BRICS currency that would be backed by gold.  In this article, my goal is to sort through what is true and what is not true.  From August 22nd to August 24th, the 15th BRICS summit will be held in Johannesburg, South Africa.  Back on July 5th, RT sparked a firestorm of rumors when it reported that a decision to introduce a new BRICS currency that would be backed by gold would be made prior to the upcoming summit in Johannesburg…

BRICS is set to introduce a new currency backed by gold, in contrast to the credit-backed US dollar, with the decision coming a month ahead of the bloc’s summit in Johannesburg. With the growing initiative, more and more countries are lining-up to join the group.

In the aftermath of that report, many prominent voices were warning that the U.S. dollar was in big trouble.

For example, author Robert Kiyosaki boldly declared that the U.S. dollar “will die”

The end of the U.S. dollar is near, said the best-selling author of ‘Rich Dad Poor Dad’ Robert Kiyosaki, citing an upcoming BRICS summit in South Africa as a trigger.

Kiyosaki is projecting that the BRICS group, comprised of Brazil, Russia, India, China, and South Africa, will announce their new gold-backed digital currency during its summit on August 22-24, and it will have dire consequences for the U.S. dollar.

“August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die,” Kiyosaki tweeted last week. “Trillions of US $ rush home. Inflation through the roof.”

Without a doubt, the dominance of the U.S. dollar is under threat from multiple directions.

But a new BRICS currency will not be introduced during this upcoming summit.

During an interview with Bloomberg, one of the top executives at The New Development Bank publicly admitted that the creation of a new BRICS currency is “a medium to long term ambition”, but he also confirmed that such a currency will not be introduced right now

The New Development Bank, a financial institution created by the BRICS bloc of emerging markets, doesn’t have any immediate plans for the group to create a common currency, its vice president and chief financial officer said.

While the members of BRICS – Brazil, Russia, India, China and South Africa – are pushing to conduct more trade between each other in local currencies, they aren’t ready to challenge the global dominance of the dollar, Leslie Maasdorp said in an interview on Wednesday with Bloomberg TV’s Haslinda Amin.

“The development of anything alternative is more a medium to long term ambition,” he said. “There is no suggestion right now to creates a BRICS currency.”

But that doesn’t mean that really big things aren’t happening.

In addition to the core BRICS nations, Bangladesh, the United Arab Emirates and Uruguay are apparently getting very close to joining The New Development Bank.

Those are relatively minor players on the global scene, but if Saudi Arabia also joins, that could change everything.

There is lots of chatter that this could happen soon, and during a recent interview Lobo Tiggre said that such a move would be “a watershed event”

Saudi Arabia joining BRICS would be “a watershed event,” he said. “I think if we wake up and Saudi Arabia joins the BRICS alliance, the world would be a different world in a meaningful and significant way.”

I agree.

If Saudi Arabia joins BRICS, it would represent an enormous shift.

And that would probably greatly accelerate the transition to trading Middle Eastern oil in currencies other than the U.S. dollar.

Even without a new currency, it appears to be inevitable that BRICS is going to continue to accumulate more power and more influence.

According to South Africa’s ambassador to BRICS, over 40 different nations “have indicated an interest in joining the bloc”

Anil Sooklal, South Africa’s ambassador to BRICS, told reporters on Thursday that more than 40 countries have indicated an interest in joining the bloc of major developing economies, but there is no gold-backed currency announcement planned for next month’s summit.

And Sooklal also told reporters that a whopping 69 global leaders have been invited to attend the BRICS summit next month…

Sooklal said that “Argentina, all the major Global South countries,” have applied for membership, and that other economically significant countries have expressed an interest in joining, including Bangladesh, the United Arab Emirates, Iran and Saudi Arabia, and even some European countries. “They are quite weighty countries,” he said.

He added that South Africa has invited 69 global leaders to attend the BRICS summit, demonstrating the bloc’s interest in increasing its global influence.

When BRICS was formed in 2009, many western leaders didn’t take it very seriously.

But now it has become a powerhouse.

And during this upcoming summit, finding more ways for BRICS countries to settle trades “in their own national currencies” is something that will be on the agenda…

Sooklal says BRICS, which is made up of Brazil, Russia, India, China and South Africa, is looking to strengthen economic ties among member nations by settling trades in their own national currencies.

“What we have said and we continue to deepen is trading in local currencies and settlement in local currencies.”

Sooklal adds that the decision of the US and its allies to impose financial and economic sanctions against Russia for the war in Ukraine has catalyzed the move of the economic bloc to shift away from the dollar.

They really do intend to move away from using the U.S. dollar.

This is a process that will take time, but the dominance of the U.S. dollar in global trade is definitely starting to erode.

So whether the BRICS countries choose to establish a new currency or not, the truth is that things are changing.

The U.S. dollar will never again be as dominant as it once was, and great economic chaos is ahead of us.

The western elite had dreamed of uniting the entire globe under one economic and financial regime, but right now the very deep divisions between east and west continue to grow with each passing day.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

“Worldcoin” Is Here: Just Get Your Eyes Scanned By “The Orb” And Your New “World ID” Will Be Issued To You

Have you had your eyes scanned by “The Orb” yet?  All it takes is just one trip, and once your biometric data is in the database you will receive some free money and a new “digital identity” that you will be able to use all over the Internet.  Doesn’t that sound grand?  As you will see below, hundreds of thousands of people in Europe have already signed up.  Those that have created Worldcoin intend for it to be “a new identity and financial network” that is owned by everyone on the entire planet.  The following comes directly from the official Worldcoin website

More than three years ago we founded Worldcoin with the ambition of creating a new identity and financial network owned by everyone; the rollout begins today. If successful, we believe Worldcoin could drastically increase economic opportunity, scale a reliable solution for distinguishing humans from AI online while preserving privacy, enable global democratic processes, and eventually show a potential path to AI-funded UBI.

That initial paragraph certainly sounds wonderful.

But once you start digging a bit deeper you quickly discover the dystopian details of this scheme.

Once you sign up for Worldcoin, your new “World ID” will be issued to you.  Ultimately, the goal is for the entire Internet to start using this new “World ID” system

Worldcoin consists of a privacy-preserving digital identity (World ID) and, where laws allow, a digital currency (WLD) received simply for being human. We hope that, where the rules are less clear, such as in the U.S., steps will be taken so more people can benefit from both.

Needless to say, just offering a “World ID” is not going to motivate a lot of people to embrace this new system.

So the founders are also offering free money to everyone that signs up where laws allow for such a thing.

Ultimately, the goal is to “freely distribute tokens to all eight billion people on the planet”

The goal is simple and modest: To create a system that will, eventually, freely distribute tokens to all eight billion people on the planet, as a form of universal basic income (UBI). But because the rise of AI will make it tricky to figure out who is human and who’s a digital fake, Worldcoin first needs to create a system that lets people — all people, across the globe — prove that they are in fact human beings.

The idea of a “universal basic income” certainly appeals to a lot of people out there.

Especially the lazy ones.

But if you want your free money, you have got to visit “The Orb”.

The plan is for “The Orb” to eventually scan the eyeballs of every single person in the entire world.  Here is more from the official Worldcoin website

You can now download World App, the first protocol-compatible wallet, and reserve your share. After visiting an Orb, a biometric verification device, you will receive a World ID. This lets you prove you are a real and unique person online while remaining completely private. As the global distribution of Orbs is ramping up, you can find the closest one and book time to be verified with World App and at worldcoin.org.

Worldcoin is an attempt at global scale alignment, the journey will be challenging and the outcome is uncertain. But finding new ways to broadly share the coming technological prosperity is a critical challenge of our time. We hope you’ll join us.

I don’t know about you, but I never plan to visit “The Orb”, and there is no way that I am ever going to allow these freaks to scan my eyeballs.

But it is imperative for all of us to understand that this is a very serious threat, because one of the guys heading up this project is also the CEO of the company that brought us ChatGPT

If Worldcoin was the brainchild of some random crypto bro, maybe it could be laughed away as a delusion of grandeur. But the project has real intellectual heft. It was co-founded by Sam Altman, the CEO of OpenAI (creator of ChatGPT), who’s arguably the most central player in the development of AI. Altman suspects that the world will change forever if — or when — AI becomes so advanced that it achieves AGI, or Artificial General Intelligence, meaning it truly surpasses the abilities of humans.

Sam Altman is certainly a force to be reckoned with.

And now he is absolutely determined to get as many people into this new system as he possibly can.

According to Zero Hedge, hundreds of thousands of people in Europe have already had their eyeballs scanned and have been issued a “World ID”…

If reports are to be believed, the uptake in Spain, where the scheme first became available a year ago, is better than elsewhere – 150,000 participants in total, 20,000 new ones each day, and Barcelona is the place where a number of Orb scanners will be installed.

Portugal is not far behind, with 120,000 participants, and Germany is said to also be warming up to the project, ever since it started expanding two months ago.

All in all, some 2 million “biometric credentials” are now operated by Worldcoin.

It is quite interesting that Europeans are embracing Worldcoin so enthusiastically.

Whenever some new dystopian scheme comes along, Europe always seems to be the most fertile soil.

Why is that?

Whether this new scheme ultimately succeeds or fails, it appears to be inevitable that the powers that be will try to force digital identification upon all of us one way or another.

And whoever controls the global system of digital identification that ultimately prevails will have immense power over the entire planet.

We really are living in perilous times, and things will continue to get a lot more “interesting” in the months and years ahead.

So I hope that you are ready for what is coming, because our world is starting to change at a pace that is absolutely breathtaking.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Explaining The Mass Exodus Out Of America’s Large Left-Wing Cities

Over the past several years, thousands of businesses and millions of people have left America’s large left-wing cities.  Of course when moderates and conservatives leave, that just causes those cities to shift even further to the left, and the politicians just implement even more self-destructive policies.  So now many of our biggest metropolitan areas find themselves caught in a “death spiral”, and there appears to be little hope of turning things around any time soon.  The politicians in these left-wing cities clearly understand that their once-thriving communities have been transformed into crime-ridden, drug infested hellholes, but it would go against everything that they believe to do what is necessary to fix things.

When I say that there has been a “mass exodus”, I am not exaggerating one bit.  The population losses that we have seen over the past several years have been absolutely unprecedented

According to the most recent US Census figures, we are in the middle of a mass exodus from America’s largest and most leftwing cities. The data reveals that New York City alone lost over half a million residents, which is more than the entire population of Miami. Additionally, Chicago, often referred to as “Chiraq” by some individuals, experienced a decline of nearly 100,000 residents. Another notable city, San Francisco, has seen a larger share of population loss than any other major city in the United States.

I love to pick on San Francisco, because it is a perfect example of this phenomenon.  It is one of the wealthiest cities on the entire planet, and a few years ago it was bustling with activity.

But now everything has changed.  One man recently went downtown to capture footage of what the city looks like now, and he discovered that store after store is permanently closed

In the Union Square area, 203 retailers were open in 2019.

Today, there are only 107 still operating, and another one just announced that it will also be closing…

Century-old Goorin Bros. haberdashery has joined a host of stores shutting in San Francisco’s Union Square, amid widespread crime and plummeting footfall.

The hat boutique has become the latest casualty of the so-called ‘retail apocalypse’ gripping downtown San Francisco.

‘It’s never an easy decision but it was time,’ a company representative wrote in a statement.

What a tragedy.

The retailers that insist on remaining open in downtown San Francisco find themselves resorting to extreme measures in a desperate attempt to survive…

Theft has become so bad in San Francisco that some stores are now padlocking shut their freezers and tying metal chains to ensure the doors remain closed overnight.

Video shot by one potential shopper at a local Walgreens in the city sees aisle after aisle of products locked away behind Perspex and glass, out of the reach of thieves.

Even lower value items such as toothpaste and tissues are kept under lock and key, such is the rampant theft that has been occurring in many of the city’s pharmacies and supermarkets.

Over in Oakland, overall crime is up 42 percent since the first half of 2021.

The Bay Area should be one of the nicest places to live in the entire country, but instead it is one of the worst.

Of course the truth is that crime is on the rise everywhere.  Vehicle theft is absolutely exploding, and that is particularly true for Kia and Hyundai models that you can apparently steal “with just a USB cable”

The US is battling a surge in motor vehicle thefts this year, with cases more than doubling in Rochester, Cincinnati, and other cities, as thieves hotwire vulnerable Kia and Hyundai models with just a USB cable.

A study by the Council on Criminal Justice (CCJ) on Thursday shows how car thefts jumped 33.5 percent across major cities, as thieves brazenly share how-to videos of hotwiring vehicles on TikTok.

That adds up to 23,974 more stolen motors across the 32 cities studied.

If crime rates continue to soar, it won’t be too long before many cities are completely unlivable.

But instead of trying to fix this crisis, many of our politicians seem intent on making it even worse.

In Illinois, they have actually eliminated cash bail, and many are warning that this is going to cause all sorts of new problems…

Illinois has become the first state in the nation to eliminate cash bail, clearing the way for potentially dangerous criminals to be set free on the streets.

Democratic Gov. J.B Pritzker celebrated the step Tuesday, but critics reacted with incredulity.

Illinois Republican Party Chair Don Tracy said the law will ‘significantly undermine public safety by releasing from custody dangerous, violent criminals at a time when police are under attack and Illinois families and crime victims already fear for their personal safety.’

Our politicians love to be soft on violent criminals, but if you cross the IRS you could soon have dozens of armed agents in tactical gear show up at your door

On Wednesday, at least 25 to 30 IRS agents in tactical gear raided a business along Southeast Slater Street in Stuart, Florida, Fox 29 reported.

The raid, which began around 9:30 a.m. on July 12th, saw agents entering and leaving the premises of Tee Off Temps and Elite Payroll Solutions, each time laden with boxes and large backpacks.

The agents with their clothing branded with “Police, IRS, Criminal Investigation,” shocked local witnesses.

“There’s at least 25, 30 cops out here,” said one witness.

What in the world has happened to us?

Our priorities have gotten way out of whack.

If you are considering moving away from a major city, I can’t blame you one bit.

Vast numbers of Americans have already moved to red states and rural communities, and many more will choose to relocate in the months ahead.  For much more on this, please see my previous article entitled “Millions Of Americans Are Relocating Just Prior To The Great Chaos That Is Coming”.

And some people are moving out of the country entirely.  In fact, it is being reported that the number of Americans that are relocating to Spain has been spiking

More Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad or to enjoy a new life in retirement.

The number of Americans living in Spain grew by 13% from 2019 to 2021, and home sales to Americans jumped 88% from the first half of 2019 to the first half of 2022, according to a report by the General Council of Notaries in Spain.

This is where we are at.

Our cities are descending into madness, and violence is increasing everywhere that we look.

If things are this bad now, what will our country look like once a full-blown economic meltdown happens?

If you live in or near a major metropolitan area, you might want to think about that.

What we are already witnessing is truly frightening, but once economic conditions become extremely harsh all hell is likely to start breaking loose…

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The Sequel Is Here: Housing Crash 2 Accelerates As Home Sales Drop To The Lowest Level Since 2009

If you are trying to sell your home right now, I feel so sorry for you.  Thanks to the Federal Reserve, mortgage rates have risen to very alarming levels, and this has scared millions of potential homebuyers out of the market.  Compared to two years ago, the average potential homebuyer is facing mortgage payments that are close to $1,000 per month higher.   I don’t know about you, but I certainly wouldn’t want to pay $1,000 more each month for the exact same house.  So most potential homebuyers are staying out of the market until interest rates come down, and that could be a while, because officials at the Fed do not plan to reduce rates for the foreseeable future.

On Thursday, we learned that sales of pre-owned homes fell 3.3 percent last month.  Overall, they have now dropped to the lowest level that we have seen during the month of June since 2009

Sales of pre-owned homes dropped 3.3% in June compared with May, running at a seasonally adjusted annualized rate of 4.16 million units, according to the National Association of Realtors.

Compared with June of last year, sales were 18.9% lower. That is the slowest sales pace for June since 2009.

In June 2009, we were right in the middle of Housing Crash 1.

Now Housing Crash 2 is here.  Over the first six months of this year, only about one percent of all pre-existing homes in the U.S. changed hands…

House sales have reached their lowest level in over a decade, with only one percent of properties changing hands in the first half of the year.

Fresh analysis by real estate brokerage RedFin shows that just 14 out of every 1,000 homes across the US were sold in the last six months.

If you are planning to purchase a home, it is going to cost you a lot more than it would have a few years ago.

As I noted above, average homebuyers are now facing potential mortgage payments that are extremely high thanks to soaring interest rates…

An average homebuyer is now facing mortgage payments nearly $1,000 per month more expensive than two years ago as interest rates hover around 7 percent.

As a result households report feeling ‘locked into’ their current property due to their cheap deals. Last week, Dailymail.com revealed there has been a surge of ‘accidental landlords’ as owners are opting to rent out their homes rather than sell.

If you work in real estate, this is going to be a really tough time for you.

And I am not just talking about residential real estate.

As I keep warning my readers, we have entered the worst commercial real estate crisis in U.S. history, and prices are absolutely plummeting all over the nation…

On Tuesday, we asked: Is this the start of a commercial real estate firesale in crime-ridden Baltimore City?

And to our surprise, it appears so.

Let’s begin with our report on Tuesday when The Baltimore Sun revealed a 30-story office tower at One South Street in downtown Baltimore that was sold in June for $24 million, a 63.6% discount versus the tower’s 2015 sale of $66 million.

This is already happening even though we haven’t even “officially” entered a recession yet.

But a recession is certainly coming.

For the very first time since 2007 and 2008, the Conference Board’s index of leading economic indicators has fallen for 15 months in a row

“The Leading Index has been in decline for fifteen months—the longest streak of consecutive decreases since 2007-08, during the runup to the Great Recession. Taken together, June’s data suggests economic activity will continue to decelerate in the months ahead. We forecast that the US economy is likely to be in recession from Q3 2023 to Q1 2024. Elevated prices, tighter monetary policy, harder-to-get credit, and reduced government spending are poised to dampen economic growth further,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.

That is not good news at all.

And it is being reported that the overall rejection rate for credit applicants has just skyrocketed “to its highest level since June 2018″…

The New York Fed reported that the overall rejection rate for credit applicants rose to its highest level since June 2018, standing at 21.8 percent, a jump from 17.3 percent in February.

Researchers noted that the rise in the application rejection rate “was broad-based across age groups and highest among those with credit scores below 680.”

Do you remember when I warned you that a credit crunch was coming?

Well, it is here.

And it is going to get a lot worse.

Credit conditions are tightening for businesses too, and we are starting to see default rates and bankruptcies spike…

That’s starting to happen already, with more than 120 big bankruptcies in the US alone already this year. Even so, less than 15% of the nearly $600 billion of debt trading at distressed levels globally have actually defaulted, the data show. That means companies that owe more than half-a-trillion dollars may be unable to repay it — or at least struggle to do so.

This week, Moody’s Investors Service said the default rate for speculative-grade companies worldwide is expected to hit 5.1% next year, up from 3.8% in the 12 months ended in June. Under the most pessimistic scenario, it could jump as high as 13.7% — exceeding the level reached during the 2008-2009 credit crash.

The trends are very clear.

Everyone should be able to see what is coming.

The short-term outlook is horrible, and the long-term outlook is even worse.

But many Americans will just continue to believe the talking heads on television that are assuring them that everything will be just fine.

For example, Jim Cramer of CNBC says that he is bullish “on the economy in general and the entire human race”.

And when you consider his track record, you have got to believe that very “interesting” times are just around the corner.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

From “America The Beautiful” To “America Smeared With Feces”…

I am going to warn you right now – this article is all about poop.  Our nation was once known as “America the Beautiful”, but now so much of what made us so beautiful has crumbled and decayed, and feces is literally being smeared all over the place.  I truly wish that I was exaggerating, but at this point poop in the streets has become a major issue from coast to coast.  Our homeless population is absolutely exploding, and many of the homeless are addicted to drugs.  Unfortunately, many drug addicts simply do not care where they are when it is time to take a crap.  They just pull down their pants and let it fly.

For those of us that aren’t addicted to drugs, it can be difficult to understand how addicts can let themselves sink so low.

Sadly, the truth is that many of these drugs are so powerful that they literally make people stagger around like zombies.  For example, “tranq” is now being mixed with all sorts of street drugs all over the U.S., and someone that is on “tranq” can be “seemingly unaware of what’s happening around them”

The sight of drug users hunched over in a lifeless state, seemingly unaware of what’s happening around them, has become increasingly common in recent years.

Many experts point to the influx of an animal tranquillizer that has begun to flood the US illicit drug supply – being mixed with everything from fentanyl to cocaine.

Xylazine – known on the street as ‘tranq’ – is a potent sedative used to put large animals to sleep before procedures.

Once upon a time, it was quite rare to see human feces right in the middle of the street.

But now in cities that have severe drug problems authorities are constantly battling to keep things clean.  For example, San Francisco has become world famous for the human feces that is seemingly “everywhere”

According to 311, some of San Francisco’s most excrement-riddled streets are in the Tenderloin and SoMa neighborhoods. The Tenderloin, in particular, has publicly struggled to help its growing unhoused population and address its filthy streets.

“It’s terrible; this street is covered,” said Joe Souza, a Tenderloin resident who has lived on Larkin Street for a year. “There’s poop everywhere. You always see it along the wall and in front of the garage there.”

A four-block zone in the Tenderloin, between Larkin and Taylor streets, recorded dozens of feces-related 311 cleaning requests in the last five months. But residents say the problem is much bigger than what the data shows.

In addition to the streets, our beaches have also become popular locations for drug addicts and the homeless to relieve themselves.

If you can believe it, 55 percent of America’s beaches had unsafe levels of feces in their waters at some point within the last year…

More than half of America’s beaches contain potentially dangerous levels of feces, according to a new report described as ‘troubling’ by experts.

Testing carried out at more than 3,000 beaches across the country’s coastlines showed that 55 percent had unsafe levels of sewage in their waters on at least one day last year.

Large numbers of drug addicts and homeless individuals live in rapidly growing tent cities that are mushrooming all over the country, but those with a little bit more money often live in illegal RV encampments.

In southern California, one such encampment that is being run by a “vanlord” is being shut down due to “an unbearable stench of feces and urine”

A California ‘Vanlord’ with at least two dozen illegal RVs parked on her LA property has been ordered to vacate by Monday after residents complained about an unbearable stench of feces and urine.

The campsite, located on private property in Sylmar, California, is managed by Cruz Godoy – dubbed ‘Vanlord’ by locals – who rents out the RVs to individuals without alternative housing options, making up to $20,000 a month.

It turns out that the people that are living in these RVs are literally dumping their urine and feces into the streets, and one boy that lives nearby got so sick from the smell that he was literally vomiting

Maria Macias, whose backyard faces Cruz’s lot expressed sympathy for the people living in the RVs but decried the unbearable stench emanating from the illegal campers that has plagued residents for years, making life ‘unbearable.’

‘I don’t have peace, not even in my own house,’ she told CBS. ‘My son got sick, all of us got nauseous the ambulance came because my son was vomiting at night.’

Many of the RV residents, who neighbors say are mainly immigrants searching for a better life, are forced to dump their sewage in the streets.

This is what our country has become.

At one time we were a shining example of cleanliness to the rest of the world, but now many of us are super disgusting “pig people” that have no class at all.

Let me give you a perfect example of what I am talking about…

A mother and her boyfriend were arrested for allegedly imprisoning their children inside their Wisconsin home after neighbors spotted both boys wandering the streets completely naked, covered in blood, bruises, and feces.

Katie Koch is facing a slew of felony charges, including chronic neglect of a child, false imprisonment and neglecting a child. Her boyfriend, Joel Manke, 38, was meanwhile hit with felony charges of chronic neglect of a child and false imprisonment in connection with the case.

How can anyone treat children like that?

Sadly, this sort of thing happens way too often.

As a society, we have openly embraced evil, and now we are experiencing severe consequences as a result.

Millions upon millions of Americans have lost all sense of self-respect, and the level of human degradation that we see all around us just gets worse with each passing day.

If we had not rejected the values that this nation was founded upon, “America the Beautiful” could have been our legacy.

But instead we have chosen another road, and it is heavily smeared with feces…

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Lab-Grown Beef And Chicken Will Soon Be In Your Local Grocery Store…

Would you like to eat a slab of “beef” or “chicken” that has been artificially “grown” inside a giant vat filled with disgusting goo?  Personally, I will never eat any “beef” or “chicken” that scientists have cooked up in a lab somewhere.  In fact, I would rather crawl on my belly for a mile on a gravel road filled with razor-sharp glass shards than eat a single bite of lab-grown “meat”.  I am sure that many of you feel the same.  But it is coming anyway.  In fact, CNN is reporting that Americans will be able to try lab-grown chicken “soon”…

Soon, Americans are going to be able to try chicken that comes directly from chicken cells rather than, well, a chicken.

On Wednesday, the USDA gave Upside Foods and Good Meat the green light to start producing and selling their lab-grown, or cultivated, chicken products in the United States.

The USDA really does a bang up job of protecting us, don’t they?

I can only imagine the new dangers that this sort of “meat” will bring to our population.

If you are not familiar with “lab-grown meat”, the following is a pretty good summary

In a nutshell, lab-grown meat — or cultivated or cell-based meat — is meat that is developed from animal cells and grown, with the help of nutrients like amino acids, in massive bioreactors.

This happens in a production facility that looks a lot like a brewery: When you picture it, don’t think of people in white coats and hairnets peering through microscopes into petri dishes, but instead people in white coats and hairnets wandering between giant vats.

It wasn’t supposed to be available to the public so quickly, but apparently some people have already had an opportunity to sample it at a restaurant in San Francisco

On Saturday, cultivated chicken tempura will be on Bar Crenn’s menu, served with a burnt chili aioli and garnished with greens and edible flowers. Chef Dominique Crenn took meat off the restaurant’s menu in 2018 “because of the impact of factory farming on animals and the planet,” according the the restaurant’s website, but is comfortable selling cultivated chicken.

Upside Foods held a contest on social media to determine who would be able to try the product at Bar Crenn, and those winners will be able to dig in this weekend. They’ll each pay a symbolic $1 to try the chicken. Contest winners also get to tour Upside Food’s Engineering, Production, and Innovation Center.

Yuck.

Just plain yuck.

We are being told that “lab-grown beef” is coming soon too, and it is being touted as an environmentally-friendly alternative to normal beef.

But according to one recent study, “lab-grown beef” is actually far worse for the environment…

Researchers at UC Davis have made a startling discovery that could change the way we view lab-grown meat.

As detailed in a yet-to-be-peer-reviewed paper, they found that the meat alternative’s environmental impact appears to be “orders of magnitude” higher than retail beef you can buy at the grocery store — itself already a very environmentally damaging foodstuff — at least based on current production methods.

If confirmed, the research could be damning: lab-grown meat, long seen as a greener alternative to meat products that don’t involve the slaughter of animals, could be more harmful to the environment than the products it’s trying to replace.

How ironic.

But no matter what the science actually shows, global leaders are not going to end their relentless war on normal meat any time soon.

In Germany, the minister of agriculture has come up with a plan to reduce the maximum daily intake of meat for Germans to just 10 grams

Recently, the German Minister of Agriculture made another shocking statement. He plans to reduce the amount of meat eaten by all residents in Germany, aiming to change the diet structure by changing the habit of eating meat, so as to be environmentally friendly. He advocated “taking nutrition from green plants” and called for a maximum daily intake of 10 grams of meat per capita.

If this plan does get implemented, I think that there will be riots.

Nobody wants our politicians dictating what will and will not be in our diets.

But most of our politicians are control freaks that love to “play god”, and the same thing is true for many of our scientists.

For example, one team of scientists is actually trying to grow artificial human eggs in a laboratory…

Conception is trying to accelerate, and eventually commercialize, a field of biomedical research known as in vitro gametogenesis (IVG). “Basically, we’re trying to turn a type of stem cell called an induced pluripotent stem cell into a human egg,” Krisiloff says. “[This] really opens the door, if you can create eggs, to be able to help people have children that otherwise don’t have options right now.”

The experimental technology could help women who have lost their eggs to cancer treatment, women who have never been able to produce healthy eggs and women whose eggs are no longer viable because of their age.

This is so wrong.

If they are actually able to fertilize such a “human egg”, would such a being even be human?

It turns out that the same scientists are also growing “mini-ovaries” that will be used to “nurture” the artificial human eggs that they are developing…

Hurtado quickly returns the cells to the incubator and pulls out a rectangular dish. “These are some of our mini-ovaries,” he says. “These are a few weeks old now.”

Mini-ovaries are combinations of cells that the company has grown to nurture those primordial cells into becoming immature human eggs.

How sick is that?

There are certain things that should never be done.

But our scientists seem to have lost all restraint in this day and age.

As I have repeatedly reminded my readers, scientists are conducting extremely dangerous and extremely bizarre experiments in secret labs all over the planet.

The stuff that actually gets into the news is quite tame compared to what is really going on behind the scenes.

Our world is becoming a little bit more like a bad science fiction movie with each passing day, and in future years we are going to see things that will absolutely horrify all of us.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Tech Companies Have Laid Off More Than 219,000 Workers In 2023. But Don’t Worry, Because Biden Says The Economy Is Fine.

If you want to believe that propaganda that is coming from the Biden administration, you probably won’t want to read this article.  Joe Biden insists that “Bidenomics” is working and that a wonderful new era of peace and prosperity is just around the corner.  Meanwhile, inflation is out of control, homelessness is rising to very frightening levels, the commercial real estate market is imploding, and large companies are conducting mass layoffs all over America.  In fact, tech companies have already laid off more workers in 2023 than they did all of last year

More than 219,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.

That number has gone up more than eightfold since mid-January, the website noted.

The data show that 2023 has easily surpassed 2022 for global tech redundancies, with 869 tech companies laying off 219,809 employees since the start of the year. Last year, 1,024 tech companies laid off a total of 154,336 employees, according to Layoffs.fyi.

For some of our largest tech companies, one round of layoffs was simply not enough.

For example, after laying off 10,000 workers earlier this year, Microsoft has decided that another round of layoffs has now become necessary

Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year.

The cuts are in addition to the downsizing announced in January that resulted in 10,000 layoffs. The software maker also disclosed a small number of cuts this time last year.

Meta, the parent company of Facebook, has already conducted three rounds of layoffs so far in 2023…

Facebook parent Meta Platforms Inc. (META) also made its latest round of layoffs in late May, according to reports, marking the tech giant’s third set of cuts this year. Meta declined to comment in response to a request from MarketWatch for confirmation of the latest layoffs. The company’s second round of layoffs in April cut technical positions, according to LinkedIn posts. Meta is in the midst of cutting 21,000 jobs in 2023 as part of what CEO Mark Zuckerberg has described as a “year of efficiency” for the company.

What we are witnessing is complete and utter carnage, but the mainstream media is not making a big deal out of all this.

After all, it wouldn’t be good to make Joe Biden look bad, would it?

But no matter what sort of positive spin the Biden administration tries to put on things, the layoffs just keep on coming.  For example, on Friday we learned that Binance has decided to give the axe to more than 1,000 highly paid workers

Cryptocurrency exchange Binance has cut jobs just days after it was hit by a wave of executive exits, a source familiar with the matter told Reuters on Friday.

The layoffs at the world’s biggest crypto exchange come at a time when the industry’s future in the U.S. market is uncertain, with regulators aggressively clamping down on what they deem are illegal activities.

The job cuts were first reported by the Wall Street Journal, which said more than 1,000 people had been let go in recent weeks.

I could go on with example after example.

Goldman Sachs has decided to lay off workers, and so has Wells Fargo.

And now that Tucker Carlson is gone, Fox News has determined that this is the perfect time to conduct “company-wide” layoffs

Fox News is reportedly beginning “company-wide” layoffs, including of the remaining former employees of Tucker Carlson.

The development was reported on Friday by journalist and Carlson biographer Chadwick Moore, who published a screenshot of an email informing employees of the impending action.

The email ordered the recipients to turn in all company equipment and their ID badges at 9 p.m. after the conclusion of the show they were working on.

It is beginning to look a lot like 2008, and there will be so many heartbreaking stories in the months ahead.

Bankruptcies are surging, and vast numbers of businesses are starting to fail.

In San Francisco, Anchor Brewery will be ceasing operations after 127 years in business, and so all of their workers will be losing their jobs…

After 127 years in business, San Francisco’s Anchor Brewing Company is shutting down.

According to a press release, the brewery has been facing challenging economic factors and declining sales since 2016.

“This was an extremely difficult decision that Anchor reached only after many months of careful evaluation,” Anchor Brewing spokesperson Sam Singer said. “We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left the company with no option but to make this sad decision to cease operations.”

But even though they can see what is happening, officials at the Federal Reserve just keep telling us that more interest rate hikes are coming.

They insist that they can dramatically hike interest rates and engineer a “soft landing” for the economy at the same time, but many are skeptical of this claim

Can the Federal Reserve navigate a narrow path and slay price inflation while steering the economy to a soft landing?

During an interview on CNBC Squawk Box, financial analyst Jim Grant expressed his doubts.

He compared Jerome Powell’s task to Captain Chelsey Sullenberger’s when he was forced to land a US Airways plane on the Hudson River after an inflight emergency, noting Powell is “no Sully.”

Grant went on to explain that even if things don’t look so bad right now, rivets are popping in the economy.

Yes, rivets are definitely popping, and things are only going to get worse in the months ahead.

But just like Joe Biden, officials at the Fed insist that everything is just fine.

In fact, the Federal Reserve says that Taylor Swift is boosting the U.S. economy all by herself.

Apparently her concert tour is so popular that it is greatly energizing the local economy at each stop.

Good for her.

But Taylor Swift is not going to save us from what is coming.

Neither is Joe Biden.

The truth is that the U.S. economy is already starting to come apart at the seams, and the layoffs that we have seen so far are just the tip of the iceberg.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.