The net wealth of the world fell by a whopping $11.4 trillion or by 2.4% to $454.4 trillion by 2022’s yearend tally, the first decline observed since the 2008 financial crisis. This is just one among countless ominous barometers all indicating we’re fast headed off a financial Armageddon cliff, plunging headfirst towards a global economic depression the likes of which none of us alive today have ever experienced before. Non-financial assets like real estate appeared to hold up despite increasing interest rates. That said, commercial real estate is crashing bigtime. Just last month on July 10th, Newsweek released the headline “Commercial Real Estate Crash Sparks Bank Collapse Fears.” So, even the business world’s “solid” property assets are in a state of collapsing at the same time as the world’s banking infrastructure implodes on itself. Small, midsize and even some of the largest banks are finding it difficult to hide their insolvency.
This particular statistic showing that the world is $11.4 trillion poorer than it was in 2021 was revealed in a joint report by Credit Suisse and UBS published this week. Recall that insolvent Credit Suisse was just bought out by fellow Swiss giant bank UBS in March this year. So, it’s really the blind leading the blind straight off financial Armageddon cliff. The biggest reason for the huge drop in wealth is from US dollar devaluation compared to other currencies like the Russian ruble and Chinese yuan, although even they are being reported by Western media as stumbling.
Case in point, an August 17th Washington Post headline reads “A Sickly Ruble Reveals What Putin Will Not.” From the same centralist Rothschild script reported on the exact same day August 17th, the Associated Press headlines “China’s yuan falls against dollar, raising questions about weaker currency to boost exports,” dipping to a 16-year low. China’s 2023 second quarter growth slowed to just .8% from the 2.2% growth during the previous quarter, equivalent to a 3.2% annual growth being among China’s weakest in decades. On Tuesday August 22nd, the day BRICS summit began, Rothschild owned The Economist bemoans:
The [Chinese] economy has tumbled into deflation.
On Wednesday August 23rd, Forbes announces its headline that China’s largest property developer Evergrande:
Chinese Real Estate Sector in Crisis as Evergrande Collapses
On Tuesday August 22nd, CNN declares “China’s economy is in trouble.” Like the West’s isn’t? The globalist monoscriptal MSM message attempts to conceal the blatant disparity between the destroyed economy of the West in freefall contrast with the surging China-Russia Eastern power shift replacing at warp speed both US unipolar hegemony and USD’s death throes.
The latest research from Sunday August 20th’s Edelman Trust Barometer that surveyed 32,000 people in 28 countries indicates that the majority of respondents, particularly from advanced G7 economies like the United States, the United Kingdom, Germany and Japan, have all expressed a most pessimistic economic outlook over the next five years. Globally, only 40% agreed with the statement “my family and I will be better off in five years,” a major drop from last year when half (50%) remained optimistic about their future. Another ominous finding:
Globally, two-thirds report observing an unprecedented lack of civility and mutual respect in society.
The Global Vice Chairman of Corporate Affairs for Edelman Dave Samson’s sober conclusion:
We are in a period of huge systemic change in a multi-polar world, with divisive forces fanning economic grievance. Left untended, the consequence will be further polarization, slowing economic growth, deeper discrimination and an inherent inability to solve problems. CEOs, and the companies they lead, need to play a central role in addressing these issues and helping restore economic optimism.
What Dave Samson is conspicuously leaving out is the boldface fact that this foreboding global catastrophe befalling our planet has been entirely and deliberately been planned years in advance, systematically by the ruling elites currently engaging in planetwide genocide against the human race.
Despite more than 13,000 sanctions imposed by the West on Moscow during the 18 months since Russia’s incursion into Ukraine, sanctions have only had a boomeranging, crippling effect to expedite Western civilization’s own self-demise, while according to the International Monetary Fund’s 2023 forecast, the Russian economy will grow by 1.5% while the Western nations’ economies are all increasingly shrinking into oblivion. The globalist cabal decision to weaponize the US dollar with Western sanctions against Russia moved the Global South world nation majority to seek other alternative currencies that accelerated de-dollarization.
Financial timing here means everything as this across the boards “bad news rising” for the US and West is timed just when this week’s 15th annual BRICS economic summit unfolds in South Africa to steal the show, determined to issue its own gold backed alternative to the dying US dollar as the international reserve trade currency. Correspondingly, the wealthiest G7 nations – the United States, Canada, United Kingdom, Germany, France, Italy and Japan – are no longer collectively the economic powerhouse they’ve been. In 2020, the five BRICS nations – Brazil, Russia, India, China and South Africa, comprising near half the global population, surpassed the G7’s total GDP. So, the G7 Western bloc has clearly been dethroned as the earthly kingpins. In contrast, BRICS membership applications have jumped by several dozen in this last year alone. Over 40 countries, including emerging Middle Eastern regional powers Iran, Saudi Arabia, United Arab Emirates and Egypt along with Algeria, Argentina, Bolivia, Indonesia, Cuba, Ethiopia, Democratic Republic of Congo, Comoros, Gabon, and Kazakhstan represent just a handful of the nations expressing interest in joining BRICS.
The world of nations is trading far less in USD than ever before and eventually Americans will wake up one day to discover their life savings in bank account dollars aren’t worth anything anymore. And that day is fast coming sooner than we care to think. Welcome to Russia, China and India’s multipolar world where US/West is in for a rude awakening shock as the globalists’ world bully, now thrown under the bus and unable to freely exploit and pillage the rest of the world the way it’s been accustomed to.
The question remains are Russia and China controlled opposition for the Rothschild Khazarian mafia? After all, David Rockefeller, Henry Kissinger and Klaus Schwab helped build China up as the world’s manufacturing center, still admiringly implementing the CCP model for lockdown smart city social credit digital ID enslavement. Additionally, both Putin and Xi Jinping were handpicked to rise to power by the Rothschild Khazarian mafia errand boy himself, Henry Kissinger & Associates and his right hand man Steve Pieczenik who boasted this much on Alex Jones’ InfoWars. Look how China’s Xi a month ago welcomed centenarian war criminal globalist Kissinger with open arms as old pals.
There’s no doubt that this globally dark gloom and doom economic forecast will carry strong ripple effects on national economies far beyond Western borders to the entire world, particularly in poorer countries already bankrupt like Sri Lanka and other Third World economies in Africa and South Asia struggling to survive.
Emerging Eastern powers Russia and China will also incur diminishing returns from their financial sectors, just not as severe. But the Global South multipolar world led by Russia, China, India and Iran are poised to persevere and survive the imminent global financial, economic and political destabilization crises that’s rapidly in store for virtually the entire world. Africa is seeking assistance from Russia and China while increasingly rejecting the neocolonialist West which has plundered their nations for centuries.
The globalist military industrial complex website deagel.com’s 2025 population predictions for an especially decimated West appear to be an accurate forecast with US depopulation cut drastically from near 330 million today to just 65 million people within the next couple years. That’s 4 out of 5 people living in America today within a very short span no longer be living in the US, most being targeted victims of the elites’ orchestrated genocide.
The global economic crisis may cause China’s ambitious Belt and Road Initiative involving over 150 nations to incur delayed infrastructure development with less capital for foreign investment from Pacific Asia extending westward to Central Asia, Eurasia, Africa, Middle East and beyond. But China’s planetwide modern Silk Road smart cities agenda will likely survive, sponsored by the globalist agenda. The World Economic Forum’s West endorsed “Build Back Better World” initiative is a mere deceptive flipside of the same dystopic New World Order coin, both committed to centralist power and control.
In contrast to the West’s planned deindustrialization and utter controlled demolition by malefic design, the East is far less hindered by the globalist shakedown driving its self-destructive suicide policies, fully exploiting the Trojan horse hoax of climate change/green energy/zero carbon mandates used to cause death and the collapse of Western civilization. With climate change and yet more bioweapon pandemic genocide in conjunction with global pyro-terrorism “wildfires” via fire-starting terrorists as well as scalar weather warfare weaponry spreading across the globe (i.e. Canada’s summerlong fires, Lahaina, Maui’s plotted stolen land/indigenous democide, recurring directed energy weapon fires spread throughout the US West, Canary Islands’ Tenerife and Greece, China’s mass flooding, earth’s “hottest July ever,” all diabolically orchestrated and blamed on climate change in an endless “perfect storm” convergence of massive unprecedented crises for depopulation purposes. At this point, to any discerning, rational mind, none of this can be misconstrued as mere conjecture or conspiracy theory speculation.
Yet more predicted mandated masks, COVID kill shots and lockdowns are already commencing in the US and West, and potential nuclear World War III growing as an inevitable threat, all of this is deliberately being provoked by order-following Western puppet governments doing Lucifer’s bidding, as the globalist stranglehold racing us towards one world dictatorship is in full bore now escalating depopulation and global mass murder like never before. Civil society breakdown, record violence, engineered mass migration, woke transgender induced mass psychoses and AI mind control, worldwide destitution, impoverishment, mass starvation, mass homelessness, bankruptcy, all executed by premeditated genocide of the human species perpetrated by the globalist elites is today’s nightmare come true. Only an awakened, empowered and unified global population courageously opposing this evil, maniacal destruction through massive noncompliance can save both our species and planet survival.
Joachim Hagopian is a West Point graduate, former Army officer and author of “Don’t Let the Bastards Getcha Down,” exposing a faulty US military leadership system based on ticket punching up the seniority ladder, invariably weeding out the best and brightest, leaving mediocrity and order followers rising to the top as politician-bureaucrat generals designated to lose every modern US war by elite design. After the military, Joachim earned a master’s degree in Clinical Psychology and worked as a licensed therapist in the mental health field with abused youth and adolescents for more than a quarter century. In Los Angeles he found himself battling the largest county child protective services in the nation within America’s thoroughly broken and corrupt child welfare system.
The experience in both the military and child welfare system prepared him well as a researcher and independent journalist, exposing the evils of Big Pharma and how the Rockefeller controlled medical and psychiatric system inflict more harm than good, case in point the current diabolical pandemic hoax and genocide. As an independent journalist for the last decade, Joachim has written hundreds of articles for many news sites, like Global Research, lewrockwell.com and currently https://jameshfetzer.org. As a published bestselling author on Amazon of a 5-book volume series entitled Pedophilia & Empire: Satan, Sodomy & the Deep State, his A-Z sourcebook series exposes the global pedophilia scourge is available free at https://pedoempire.org/contents/. Joachim also hosts the Revolution Radio weekly broadcast “Cabal Empire Exposed,” every Friday morning at 6AM EST (ID: revradio, password: rocks!).