You still aren’t grasping the systemic risk in the stock market
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I don't think you understand the systemic risk in the stock market and how quickly it could all come cascading down based on a trigger event.
This is the topic of this special report.
Thank you for joining me.
This is Mike Adams.
I'm the Health Ranger.
I'm the co-founder of TalkNetwork.com.
And, well, the co-founder of what's now being called the Information Underground of the Liberty Movement because of all the different websites and the search engines and so on, news aggregation sites that I have like AlternativeNews.com.
But here's the topic.
I don't know about you as an individual, but most of you listening do not understand how quickly this thing could turn against you.
And you have your money in a bank account, typically, or perhaps stocks, which is suicide, or perhaps bonds, which is also financial suicide, but maybe a bank account somewhere.
You think that's safe.
It isn't.
You are subjecting yourself to massive losses from systemic risk that can be initiated with a single black swan type of event.
And that's what I'm going to explain here because I want you to be safe.
I want you to keep your money.
Obviously, I don't want you to be wiped out in what's bound to happen.
Here's the thing.
We can't predict when.
We don't know the date.
No one does.
Before the Paris terrorist attacks carried out by ISIS, no one knew that that date was going to be the date of a terrorist attack in Paris, right?
You can't predict that.
I guess unless you run an ISIS terror cell or something, but hopefully you don't, so you don't know what date it's going to be.
So...
You've got to understand that the U.S. stock valuations are running on psychology.
They're running on faith, blind faith in the system.
In other words, these numbers that you see with the Dow Jones Industrial Average and other stock indices, they are running on fumes.
They are not legitimate numbers based on legitimate earnings and dividends from these public corporations.
They are pie-in-the-sky numbers based on an expectation of future economic growth and future economic stability.
That expectation is a psychological property.
It is a property of thought, of opinion, of belief.
It is not grounded in real economic, or I should say economic reality.
And as such, because it is not founded in economic reality, it can be destroyed in an instant, because an instant is all it takes to change the public's perception, or to crush the public's belief, or to crush the public's faith in this fraudulent or to crush the public's faith in this fraudulent system.
Okay.
Now, what kind of event can cause that faith to evaporate in an instant?
Well, an event like the Paris terrorist attacks.
Now, imagine this.
Here's a scenario.
And I'm not predicting that this will happen, and I'm not saying, I don't know that this could happen, but it's a possibility.
It's a likely target.
What if ISIS went after, let's say, bombed a bunch of banks or investment houses on Wall Street in New York?
New York is an obvious target.
Wall Street is an obvious target because it is a symbol of the Western culture that ISIS hates and is wanting to destroy.
The banking system in particular is a symbol of the kind of free market capitalism that ISIS hates and also that the political left hates, which is why they seem to be pro-ISIS for some reason.
But I guess that's another topic.
Or ISIS apologists, I guess you might say.
Obama won't even say that they're terrorists.
Imagine that.
That's so bizarre.
Anyway, that's another topic.
If they were to bomb banks in New York or investment houses or just kill a bunch of people on Wall Street, even in a cafe.
This could be a spark that sets off the collapse of faith in economic stability.
When that happens, if indeed that happens from such an event, the market will collapse.
And by collapse, I don't mean it's going to go to zero.
Obviously, it's not going to go to zero, but it could lose.
What's the definition of a collapse?
Well, 50% of its value would absolutely be a collapse.
Even 40% loss would be a collapse.
A market could lose 30%.
Even 20% would be considered a crash.
Some people are saying it can lose as much as 70% over an extended period of time as these debt instruments begin to unravel.
You are not only going to see stock valuations plummet, you're going to see banks fail, including banks where you think you have your money safely socked away in an electronic account.
And this is my point.
You think you have your money in a bank.
You think your money is FDIC insured, right?
Right?
Right?
What is that?
$200,000 that the FDIC insures automatically?
So let's say you have less than $200,000 in the bank.
You think it's safe.
The problem is we're talking about a systemic cascading collapse of solvency throughout the banking system.
If indeed, again, if something triggers it, and it might not be ISIS attacks, it could be, let's say, a massive, like a, you know, the Russians are talking about how they have this nuclear submarine drone that can launch a nuke and cause a tidal wave by exploding that nuke in the ocean off the coast of New York, for example.
What if a tidal wave inundates Manhattan Island?
And other parts of New York, too.
Obviously, it would hit other parts.
But the island itself, the hub of finance, would be destroyed.
What would that cause?
Obviously, that would cause a cascading collapse of the entire banking system as we know it today.
Will the FDIC be able to cover all of those losses and all of those banks?
Of course not.
The FDIC doesn't have the funds to do that.
So, could you lose everything?
Yes, you could.
Absolutely you could.
Now, obviously, if you live in New York, you'd probably be dead, and your financial losses are the least of your concerns.
You're not even living anymore, so that's obviously an even greater catastrophe.
But even people who are not physically harmed by that event could be financially wiped out by it because they put all their eggs in one basket, and that basket is the U.S. banking system and the U.S. dollar.
So my warning to you is, number one, realize that cascading...
Here's a better way to say it.
Systemic risk is much higher than you think.
It's always the case that systemic risk is higher than you think in a debt-based system of money creation.
When it fails, it fails catastrophically.
It doesn't fail gently.
There's no soft landing, in other words, from the system.
There's only a catastrophic landing.
Secondly, your perception of where your money is safe is probably wrong.
If you think about what is a safe store of money, it is something that you can physically have possession of that cannot be destroyed because of a loss of faith in the money system or a loss of the electronic accounting of that system.
Or a loss in the debt, an unraveling of the global debt system.
In other words, real stores of value are things that you can have in your possession that are universally recognized as items of value by most of humanity.
What are those things?
Well, immediately things that should come to mind are gold and silver.
Precious metals.
Perhaps diamonds, although they're very difficult to trade without getting completely ripped off.
But they do hold inherent value to most people.
But I'm not recommending you go into diamonds, by the way.
I'm just pointing that out as an example.
Gold and silver are a far better choice.
Some other things obviously include land, real estate holdings.
They usually don't just disappear overnight unless that real estate happens to be in an area that is struck by a tidal wave or a nuclear weapon or something, which is a very, very remote chance.
So for the most part, land and real estate continues to hold some of its value.
You can't lose it all overnight, typically.
Other things include farmland, especially land with water, natural springs.
Any kind of sources of surface water are extremely valuable.
The ability to produce food is extremely valuable.
So farmland that has soils that can grow food is far more valuable than farmland where nothing can be grown or that has no access to irrigation and so on.
So anyway, I hope these are obvious points about things that hold real value.
But what's not obvious is the systemic risk that you may be taking right now, inadvertently thinking your money is safe, when actually it isn't.
And the main takeaway point from this is just the knowledge of how quickly things can turn, how quickly the stock market can unravel in this new era of asymmetric warfare by ISIS terrorists.
Think about it.
They spend all day brainstorming ways to destroy Western culture.
That is half of what they do.
Just sit around thinking of ways to destroy the West.
So they have all kinds of ideas, things that you and I could not possibly anticipate.
Even before the 9-11 attacks, who could have anticipated...
Some of the details of that, even though, again, the official story is complete nonsense, but just in terms of an example, who could have anticipated someone hijacking a commercial jet and flying it into a building?
That was an outside-the-box thinking from a terrorist kind of point of view.
Well, there may be other things that they think of outside the box, like bombing petroleum refineries or poisoning water supplies for cities or unleashing biological weapons that they've been working on using genetic engineering scientists and some of the new some of the new techniques like bombing petroleum refineries or poisoning water supplies for cities or unleashing biological weapons They could unleash chemical weapons in cities that we've never even heard of.
They could unleash pestilence that harms the food crops.
There are so many different things that they could do.
They don't have to just set off bombs and shoot people with AK-47s.
There are all kinds of ways that they can attack the psychology of a nation.
Remember, their job is to destroy your faith in the whole system of Western government, not just to kill bodies and to kill bodies.
In fact, to them, I think to the terrorists, killing bodies, killing people is not even their highest priority.
They're really trying to achieve a psychological impact to change your belief system and to shatter, in essence, your belief system.
And that will impact the market.
So be ready for it.
This can happen much more quickly than most people anticipate.
Bottom line is I want you to be safe.
And I don't want you to lose your life savings if something like this turns against you.