{"id":65525,"date":"2023-07-20T06:42:05","date_gmt":"2023-07-20T11:42:05","guid":{"rendered":"https:\/\/olduvai.ca\/?p=65525"},"modified":"2023-07-20T06:42:05","modified_gmt":"2023-07-20T11:42:05","slug":"a-catastrophic-debt-implosion-can-be-incredibly-quick","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=65525","title":{"rendered":"A Catastrophic Debt Implosion Can Be Incredibly Quick"},"content":{"rendered":"
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A CATASTROPHIC DEBT IMPLOSION CAN BE INCREDIBLY QUICK\u00a0<\/a><\/h3>\n<\/header>\n
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Will the world experience a catastrophic debt implosion?<\/p>\n

Just like the Titan Submersible that recently imploded, the global debt bubble can implode\u00a0\u201cwithin just a fraction of a millisecond\u201d.\u00a0<\/strong>More later in the article.<\/p>\n

Are we now in the third circle in Dante\u2019s Inferno?<\/p>\n

Dante describes the 9 circles of hell. The 3rd<\/sup>\u00a0circle is Gluttony which is fitting for a self indulgent Western world with excessive consumption of both material and financial resources.<\/p>\n

Each circle represents a gradual increase in evil, culminating at the centre of the earth where Satan is held in bondage. The sinners of each circle are punished for eternity in a fashion fitting their crimes.<\/p>\n

Financial markets have also been dominated by gluttony for an extended period. This has led to the biggest asset bubble in history.<\/p>\n

But in spite of unprecedented risks in investment markets, for the few investors making the right choice, now is a period of great opportunity not just to preserve wealth but also to enhance it. More later.<\/p>\n

END OF THE CURRENT WESTERN EMPIRE<\/strong><\/h2>\n

But here we are in the 21st<\/sup>\u00a0century with the current Western Empire in the final stages of a secular decline which looks very similar to the fall of the Western Roman Empire in the 5th<\/sup>\u00a0century. Wars, debts, deficits, collapsing currencies,\u00a0 decadence, corruption and socialism \u2013 Plus \u00e7a change (the more things change, the more they stay the same).\u00a0<\/strong><\/p>\n

Whether this cycle is the end of a 100, 300 or 2000 year era, only future historians will know the answer to.<\/p>\n

WAR DRUMS AND NATO<\/strong><\/p>\n

To diffuse the real reasons for the collapse of the Western economy and the Financial System, there is nothing like starting a war. Leaders love to play real war games although most of them have never been near the front line…<\/p>\n

\u2026click on the above link to read the rest\u2026<\/p>\n

 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A CATASTROPHIC DEBT IMPLOSION CAN BE INCREDIBLY QUICK\u00a0 Will the world experience a catastrophic debt implosion? Just like the Titan Submersible that recently imploded, the global debt bubble can implode\u00a0\u201cwithin just a fraction of a millisecond\u201d.\u00a0More later in the article. Are we now in the third circle in Dante\u2019s Inferno? Dante describes the 9 circles […]<\/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],"tags":[150,195,14995,18507],"class_list":["post-65525","post","type-post","status-publish","format-standard","hentry","category-economics","tag-collapse","tag-debt","tag-egon-von-greyerz","tag-gold-switzerland"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65525","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=65525"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65525\/revisions"}],"predecessor-version":[{"id":65526,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65525\/revisions\/65526"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}