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The next Great Depression will happen this decade because of Covid


Golden Retriever
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This is from the criminal gang at the Daily Fail today, but it's not rocket science and I have been waiting for a snippet.

But most people will be reading the orchestrated petrol fiasco and don't worry about economic meltdown.

 

The complicit criminal gang, The Bank of England have given a hint today.

 

Countires cannot lockdown their economies and pay furllough for 18 months (the case in the UK), pay for millions

of free bogus Covid tests and pay for vaccines without an economic hit.

 

Everyone should take measures now to protect themselves financially and practically with having more food

supplies, more medical suplies, more candle and batteries etc, water filters, growing your own food whenever possible but most of all

building relationships with like minded people.  Good luck everyone, because I truly believe in the next few years times

are going to get tough. xx

 

'When is the plague of locusts due?': Bank of England chief warns over string of economic shocks for the country and 'truly hard yards' ahead as country's recovery from pandemic stalls

  48470569-10034887-image-a-11_16327790180

 

"When the normally taciturn Governor of the Bank of England wonders out loud, before an audience of senior economists,

‘when are the locusts due to arrive’ one has to be worried"

 

https://www.dailymail.co.uk/news/article-10034887/Bank-England-chief-warns-economic-shocks-country-joke-plague-locusts.html

Edited by Golden Retriever
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Christine Lagarde of the criminal IMF (International Monterary Fund) gave imo an occult message on 15 January 2014

 

She said there would be 7 good years ...... taking us to Covid 2021, then what?  7 year cycles of doom and gloom?

 

The people who rule this world always plan years or decades in advance.

 

This video thought something would happen on 20 July 2014, but I think they got that wrong?

 

 

 

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Hardship may not be affecting many people on this small forum atm, but on a macro level

I'm sure it is.  Help if you can, but not necessarily through these organisations, but people you know personally,

who may be embarrassed to ask for help.

"We have always been there for the most vulnerable, but thousands more people have suddenly fallen into that category. They need our help.

We have transformed our response to ensure we are directly reaching those hit the hardest by the coronavirus."

https://www.salvationarmy.org.uk/coronavirus-crisis-how-we-are-reaching-those-hardest-hit-your-community

 

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10 minutes ago, Golden Retriever said:

From Wikipedia, so make of it what you will

 

https://en.wikipedia.org/wiki/COVID-19_recession

 

https://en.wikipedia.org/wiki/Financial_market_impact_of_the_COVID-19_pandemic

COVID-19 recession

Financial market impact of the COVID-19 pandemic

I'm not sure about this. The US stock market for example has had 50 record high days in 2021 alone, house prices are up 25% last year where I live and suspect it is the same elsewhere, crypto at all time highs you get the picture........

 

In essence the money printing has gone into the financial markets creating hyper bubbles where prices are a million miles away from value. At the same time the wash of money into the system has caused inflation on record proportions if defined as it should be expansion of the money supply (M2). This means, if you do not own assets you are getting poorer, much poorer by the day. If you work for a wage denominated in fiat, you are working more hours for less money......

 

The notice from the bank of england is really warning of what is to come, when they press the reset button. It will be the biggest rug pull the world has ever seen as it will cause the collapse of all these hyper bubbles, that's when government and institutions will come in to buy it all, and you will own nothing. Think you get the picture.

 

I advise people to get financially educated fast. Try and ride the asset hyper bubbles as best you can whilst having a position in risk off assets not central bank related (metals) and putting proceeds from gains from the hyper bubbles into these assets before the rug pull.

 

Not I am not a financial advisor, just a degenerate investor...........

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25 minutes ago, Mr H said:

The notice from the bank of england is really warning of what is to come, when they press the reset button. It will be the biggest rug pull the world has ever seen as it will cause the collapse of all these hyper bubbles, that's when government and institutions will come in to buy it all, and you will own nothing. Think you get the picture

 

I agree with this

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They've already started buying it all in terms mortgage backed securities with money printed from the central banks and they're allowing smaller private banks to get into the property retail market. https://www.theguardian.com/business/2021/aug/19/lloyds-plans-big-move-into-uk-rental-market-with-50000-homes

 

Welcome to the great financial reset. Which imo as I have said all along is the whole purpose of this scamdemic........ (not to kill us but to own us and everything there is on the planet)

 

 

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  • 2 weeks later...

It's just not possible to shut down economies for months worldwide, like in Covid 2020 without dire effects.

 

Although the media is hyping some shortages, protect yourselves and buy more non perishables than before.

 

I do believe there will be another great depression withinn the next couple of years. I hope I'm wrong.

 

So many people have said this before, but buy seeds and grow you own food if you have the space. Buy batteries,

candles, water filters, tools, medicine, toiletries you need etc.

 

Better to be safe than sorry

Edited by Golden Retriever
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5 hours ago, Golden Retriever said:

It's just not possible to shut down economies for months worldwide, like in Covid 2020 without dire effects.

it was the plan from the start,to push back the society and the depopulation along the way 

 

a lot of people who i know are saying things were just right before the plandemic decent living ect.

 

we come a long way with high tech which has become cheap/ish,more people have become independable and have more free time 

 

free time,feeling good people start to hang out and talk ect.(maybe even about conspiracies)

 

 

they needed to stop all of that!!! 

 

 

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  • 6 months later...
Posted (edited)

Today the Bank of England says inflation is 10%.  I'm pretty sure it's higher as are the unemployment rates

 

In Spain food and energy prices have risen about 20% this year, as with most European countries

afaik.

 

Interest rates are rising and they are talking about recession. I don't mean to sound alarmist but I believe

the world is heading towards a great depression, which comes with much suffering for many people.

Edited by Golden Retriever
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  • 2 weeks later...

This Daily Fail article and the Governor of the Bank of England don't mention the Governments of the World caused economic meltdown

by locking everyone up because of Covid, but instead focus on Ukraine. What a load of propaganda for their willing listeners.

 

Bank of England chief Andrew Bailey issues 'apocalyptic' warning about food prices and admits he is 'helpless' to do anything about inflation... while urging Britons NOT to ask for pay rises

https://www.dailymail.co.uk/news/article-10822095/Bank-Englands-Andrew-Bailey-issues-apocalyptic-food-price-warning-impact-Ukraine-war.html

 

 

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Posted (edited)
9 minutes ago, Tinfoil Hat said:

Ha! I'd like to see his bloody wage-slip!

 

BANK of England boss Andrew Bailey — who sparked anger by calling for pay restraint — yesterday claimed he could not remember the exact size of his mega salary.

 

Mr Bailey, on a package worth more than £575,000 a year, was asked for the figure by MPs.

 

https://www.thesun.co.uk/news/17748830/bank-of-england-boss-andrew-bailey-salary/

Edited by Golden Retriever
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24 minutes ago, Golden Retriever said:

 

BANK of England boss Andrew Bailey — who sparked anger by calling for pay restraint — yesterday claimed he could not remember the exact size of his mega salary.

 

Mr Bailey, on a package worth more than £575,000 a year, was asked for the figure by MPs.

 

https://www.thesun.co.uk/news/17748830/bank-of-england-boss-andrew-bailey-salary/

 

And what's the betting that doesn't include his bonuses and other unspecified perks.  

 

 

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On 5/5/2022 at 10:08 PM, Martin1234 said:

It's ridiculous. Another 30%+ going into utility bills in October. How are people meant to find this money.

 

I have seen people with smart meters who think with the new wonder gadget that their electric bill is correct and corresponds exactly to their usage, yet they are getting estimated readings as the meter's signal is not getting through. They are in actual fact many hundreds of pounds in credit.

 

If people economised by switching off things like their TVs and stopped recharging their smartphones the price of electricity would quickly drop.

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Posted (edited)
15 hours ago, Golden Retriever said:

This Daily Fail article and the Governor of the Bank of England don't mention the Governments of the World caused economic meltdown

by locking everyone up because of Covid, but instead focus on Ukraine. What a load of propaganda for their willing listeners.

 

Bank of England chief Andrew Bailey issues 'apocalyptic' warning about food prices and admits he is 'helpless' to do anything about inflation... while urging Britons NOT to ask for pay rises

https://www.dailymail.co.uk/news/article-10822095/Bank-Englands-Andrew-Bailey-issues-apocalyptic-food-price-warning-impact-Ukraine-war.html

 

 

 

I agree.

 

Also the willing listeners constantly go along and believe, year after year, decade after decade, what the mainstream "highbrow" financial talking heads say, as always, the central bankers are behind the curve, fighting the last battle, and make mistakes with their actions and future predictions. 😄

 

The official stats released today are 9% CPI and 11.7% RPI. IMO, the real inflation rate , on average, is double that.

Edited by Orange Alert
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1 hour ago, Orange Alert said:

 

I agree.

 

Also the willing listeners constantly go along and believe, year after year, decade after decade, what the mainstream "highbrow" financial talking heads say, as always, the central bankers are behind the curve, fighting the last battle, and make mistakes with their actions and future predictions. 😄

 

The official stats released today are 9% CPI and 11.7% RPI. IMO, the real inflation rate , on average, is double that.

Inflation is much more than 9% in the UK and here in Spain.

 

They lie.

 

Today

 

'Britons are on the brink': Inflation soars to 40-YEAR high of 9% as pump prices hit new record and Pound dives - with food costs 'apocalypse' and interest rates 'certain' to rise.. but Rishi warns he 'can't protect people completely' despite tax cut calls

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53 minutes ago, Golden Retriever said:

 

From your DM article link,the line on the chart is now going effing vertical!  Is that the start of a moonshot? Fun and games in store.

 

57958483-10828021-image-a-25_16528580417

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