{"id":62177,"date":"2022-03-11T06:35:11","date_gmt":"2022-03-11T11:35:11","guid":{"rendered":"https:\/\/olduvai.ca\/?p=62177"},"modified":"2022-03-11T06:35:11","modified_gmt":"2022-03-11T11:35:11","slug":"a-global-monetary-commodity-inferno-of-nuclear-proportions","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=62177","title":{"rendered":"A Global Monetary &#038; Commodity Inferno of Nuclear Proportions"},"content":{"rendered":"<header class=\"c-blog-article__header\">\n<h3 class=\"c-blog-article__title\"><a href=\"https:\/\/goldswitzerland.com\/global-monetary-commodity-inferno\/\">A GLOBAL MONETARY &amp; COMMODITY INFERNO OF NUCLEAR PROPORTIONS<\/a><\/h3>\n<\/header>\n<div class=\"c-blog-article__content\">\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-58790 jetpack-lazy-image jetpack-lazy-image--handled\" src=\"https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/6C70B0D2-FA87-477D-A3E0-D3408D7DD41A.jpeg\" sizes=\"auto, (max-width: 270px) 100vw, 270px\" srcset=\"https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/6C70B0D2-FA87-477D-A3E0-D3408D7DD41A.jpeg 640w, https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/6C70B0D2-FA87-477D-A3E0-D3408D7DD41A-600x375.jpeg 600w, https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/6C70B0D2-FA87-477D-A3E0-D3408D7DD41A-150x94.jpeg 150w, https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/6C70B0D2-FA87-477D-A3E0-D3408D7DD41A-360x225.jpeg 360w, https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/6C70B0D2-FA87-477D-A3E0-D3408D7DD41A-490x306.jpeg 490w\" alt=\"\" width=\"270\" height=\"169\" data-lazy-loaded=\"1\" \/><\/figure>\n<\/div>\n<p>When the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world.<\/p>\n<p>For years I have been clear that the world is reaching the end of an economic, financial and monetary era which will affect mankind catastrophically for decades.<\/p>\n<p>The world will obviously blame Putin for the catastrophe which will hit every corner of our planet. But we must remember that neither Putin nor Covid is the reason for the economic cataclysm that we are now approaching.<\/p>\n<p>These events are catalysts which will have a major effect because\u00a0<strong>they are hitting a gigantic debt bubble of a magnitude that has never been seen before in history.<\/strong>\u00a0And it obviously takes very little to prick this epic bubble.<\/p>\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>What is unequivocal is that all currencies will finish the 100+ year fall to ZERO in the next few years<\/strong>.\u00a0<strong>It is also crystal clear that all the asset bubbles \u2013 stocks, bonds and property \u2013 will implode at the same time leading to a long and deep depression.<\/strong><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-58791 jetpack-lazy-image jetpack-lazy-image--handled\" src=\"https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/global-monetary-1.png\" sizes=\"auto, (max-width: 382px) 100vw, 382px\" srcset=\"https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/global-monetary-1.png 382w, https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/global-monetary-1-267x450.png 267w, https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/global-monetary-1-89x150.png 89w, https:\/\/goldswitzerland.com\/wp-content\/uploads\/2022\/03\/global-monetary-1-360x606.png 360w\" alt=\"\" width=\"382\" height=\"643\" data-lazy-loaded=\"1\" \/><\/figure>\n<\/div>\n<p>We had the warning in 2006-9 but\u00a0<strong>central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared \u2013\u00a0<\/strong>an obvious recipe for disaster.<\/p>\n<p>So as is often typical for the end of an economic era, the catalyst is totally unexpected and worse than anyone could have forecast.<\/p>\n<p id=\"h-war-cycles\"><strong>WAR CYCLES<\/strong><\/p>\n<p>Yes, I and a few others have pointed out that we are in a war cycle currently, and recent events have clearly confirmed this and hit the world with a vengeance.<\/p>\n<p>Just as nobody paid any serious attention to the warning that the Great Financial Crisis in 2006-9 gave the world, few people have taken Putin\u2019s warnings seriously since the 2014 Maidan revolution in Ukraine.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A GLOBAL MONETARY &amp; COMMODITY INFERNO OF NUCLEAR PROPORTIONS When the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world. For years I have been clear that the world is reaching the end of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[195,8444,14995,18507,2069,694,821,862],"class_list":["post-62177","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-debt","tag-debt-bubble","tag-egon-von-greyerz","tag-gold-switzerland","tag-monetary-system","tag-russia","tag-ukraine","tag-war"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62177"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62177\/revisions"}],"predecessor-version":[{"id":62178,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62177\/revisions\/62178"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}