categoryMenu_new
 
  Home
  EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  AbundantHope
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Announcements
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  OUR PUBLIC FORUM IS OPEN TOO ALL
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Candace
  Ron
  Rosie
  Jess
  Brian's Poetry
  James
  Giuseppe
  John Taylor
  Esteban
  Telepathic Messages
  Candace
  Jess Anthony
  Vince
  Leonette
  John
  Adam
  Bela
  Joyce
  Hazel
  Kibo
  Peter
  Rosie
  Johan
  Lucia
  Lucia G
  Rubens
  Shellee-Kim
  Ben
  Dorothea
  Solon
  Others
  Targeted Messages
  Hano
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  CMGSN Pieces
  THE WAVE
  David Crayford and the ITC
  Environment/Science
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
 
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  Education
  Resources
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Video
  Websites
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Scientific
  Spiritual
  Vegan Recipes
  Translated Material
  Dutch
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Artikelen/berichten
  French
  Canal Jess
  Par Candace
  Other Channels
  Articles
  German
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Italian
  Translations - Candace
  Translations - Jess
  Translations - Others
  Portuguese
  by Candace
  By Jess
  By Others
  Spanish
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Monjoronsón
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  Chinese
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

Search
[an error occurred while processing this directive]
Political Information Last Updated: Apr 18, 2017 - 5:33:18 AM


Creating Another “Crash of 1929”
By Jeff Thomas
Apr 18, 2017 - 5:23:11 AM

Email this article
 Printer friendly page Share/Bookmark

Creating Another

Regarding the Great Depression... we did it. We're very sorry... We won't do it again.

- Ben Bernanke

Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road-either too much inflation, financial instability, or both.

- Janet Yellen

In his speech above, future Federal Reserve Chairman Ben Bernanke acknowledged that, by raising interest rates, the Fed triggered the stock market crash of 1929, which heralded in the Great Depression.

Yet, in her speech above, Fed Chair Janet Yellen announced that "it makes sense" for the Fed to raise interest rates "a few times a year." This is a concern, as economic conditions are similar to those in 1929, and a rise in interest rates may have the same effect as it did then.

So let's back up a bit and have a look at what happened in 1929. In the run-up to the 1929 crash, the Federal Reserve raised rates to 6%, ostensibly to "limit speculation in securities markets." As history shows, this sent economic activity south rather quickly. Countless investors, large and small, who had bought stocks on margin, would be unable to pay increased interest rates and would be forced to default. (It's important to understand that the actual default was not necessary to crash markets. The knowledge that investors would be in trouble was sufficient to send the markets into a tailspin.)

Mister Bernanke was quite clear in 2002 when he stated that the Fed would not make the same mistake again that it made in 1929, yet, then, as now, there's been a surprise victory by a Republican candidate for president. Then, as now, a wealthy man who had never held elective office was unexpectedly in the catbird seat and had the potential to endanger the control of the political class, at a time when that political class had been complicit in damaging the system by creating massive debt.

Then, as now, conditions were ideal for the Deep State to create a solution to all problems: An economic crash was inevitable; therefore, create a trigger for it to occur and blame the collapse on the conservative political outsider. Demonstrate to all that the collapse was due to the greed of the outsider and those who were of like mind. Use that leverage to demonstrate to the hard-hit populace that what was needed was the opposite of what the outsider had proclaimed. Recommend far greater control by a new government that was staunchly liberal-a government that would change the political landscape in such a way that all those who suffered would be saved by a benevolent collectivist government.

And, of course, when it's stated that way, it's an easy sell. In 2017, it will be an even easier sell than it was in 1929, as the new president has already set himself up for a fall. In his inauguration speech, he focused on a single topic-the return of power to the people and away from Washington's bureaucracy.

Beginning by decrying Washington for what it truly is, he stated that "for too long, a small group in our nation's capital has reaped the rewards of government while the people have borne the cost. Washington flourished-but the people did not share in its wealth."

He then went on to describe that his presidency would bring about a metamorphosis:

I will never, ever let you down. America will start winning again, winning like never before. We will bring back our jobs. We will bring back our borders. We will bring back our wealth. And we will bring back our dreams. We will build new roads, and highways, and bridges, and airports, and tunnels, and railways all across our wonderful nation. We will get our people off of welfare and back to work-rebuilding our country with American hands and American labor... We will reinforce old alliances and form new ones-and unite the civilized world against radical Islamic terrorism, which we will eradicate completely from the face of the earth... We will not fail. Our country will thrive and prosper again.

Of course, new presidents are prone to making big promises when they first take office. However, Mister Trump has, in his brief speech, effectively declared himself the enemy of the Washington bureaucracy. In so doing, he's left himself wide open to be the fall guy if the economy does not rebound, if the average American's lot does not improve, and if the US does not dominate the world through an expanded military.

In short, the Deep State and their cronies, who were instrumental in creating the economic, social, and political house of cards that now exists, have the perfect opportunity to bring on the collapse and blame the new president for it.

Were Mister Trump to have honestly stated that the US is effectively a house of cards and that he'll begin the laborious job of trying to salvage what's left of it and begin to rebuild it, he would have provided himself with a justifiable excuse when the house of cards does collapse. However, by making such lofty claims to "Make America Great Again," he's lost this opportunity.

In the last year, whenever I was asked who I hoped the Americans would elect as their president, I replied, "Bernie Sanders." To those that were shocked by this answer, I would add, "An economic collapse is inevitable. No one, no matter how capable, can prevent it. The best that can happen is that the collapse occurs under a president who's an avowed socialist. That would ensure an eventual return to smaller government and more conservative economics."

As unfair as it may be, a nation's people almost always blame whoever is on watch when a collapse occurs. It matters little who or what is actually at fault. People need a "face" to vilify for the disaster and the sitting leader is almost always spontaneously chosen by a nation as that face.

And, of course, the opposing party invariably makes the most of the situation. Just as in 1929 and for years thereafter Herbert Hoover received the lion's share of the blame for a Wall Street crash and the subsequent Great Depression, even though he was not at fault, so too will the US come to blame the new president who made promises that were far beyond what he could deliver.

The die is cast. The patsy-in-chief is now installed. The media will do all they can to discredit Mister Trump and civil unrest will be funded by his opponents. The US economy is more debt-laden than any country in the history of the world and, historically, this has always resulted in economic collapse. At present, there are scores of triggers that could bring about collapse. Any one of these black swans could do the job, but it's entirely possible that the Federal Reserve will serve once again as the trigger, as it did in 1929.

This is unquestionably the smart way to play the game. Rather than wait for a random occurrence, if a date is set for a controlled collapse, those connected to the Deep State will have a brief time to disconnect their wealth from the system, as was done in 1929.

The trigger would be pulled by the Fed and the US economy would go down in as controlled a fashion as Building Seven in the World Trade Center.

When is this likely to occur? Herbert Hoover was given just under eight months. The date for the next collapse could be earlier or later. But the question is not when that date might be, but whether we've prepared ourselves for the eventuality.

Editor's Note: The Fed could start its controlled demolition of the US economy any day now.

This collapse will be much worse and last much longer than the Great Depression or the 2008 financial crisis.

http://www.internationalman.com//articles/creating-another-crash-of-1929




All writings by members of AbundantHope are copyrighted by
©2005-2017 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here


Top of Page

Political Information
Latest Headlines
From Russia to Hillary: Bribes, Extortion, Uranium and Lies
How Interlinked Corporations Rule The World
Body Language: Jeff Sessions Senate Hearing
Texas City To Residents: Sign Loyalty Oath To Israel Or No Hurricane Harvey Relief Funds
China-Ruble Settlement and the Dollar System
21st-Century Geopolitics Of Oceania: Australia
China and Thailand: Tank Tracks and Train Tracks
Monk & Disorderly: Thai Buddhists get Strict on Adherents after Financial, Sex Scandals
Emma Thompson Delivers Stomach-Turning Indictment of Hollywood: Weinstein Is 'The Tip of the Iceberg'
Global Coalition Fights UN Effort to Declare Abortion a ‘human right’
21st-Century Geopolitics Of Japan
‘Christians are Nazis’: Australian Churches Vandalized as Same-sex ‘marriage’ Vote Nears
Israel Apes Kurdish Propaganda – Asks for Intervention in Iraq
Emma Sky - British 'Mother of Daesh' Wants To Reoccupy Iraq
Netanyahu Lobbies World Powers to Prevent Iraq's "Transgression" Against Kurds
Houston Suburb Won’t Give Hurricane Relief to Anyone Who Boycotts Israel
How They Do It– ‘Zionism Doesn’t Need Divine Promises to Justify Jewish Nation-state’
Trump’s Storm Tracker, Week 2: update 3
Labor chief: Settlements represent the ‘beautiful face of Zionism’
Tarantino sorry for not speaking out sooner about Weinstein