Why are the global elite buying extremely remote compounds that come with their own private airstrips in the middle of nowhere on the other side of the planet? And why did they start dumping stocks like crazy earlier this year? Do they know something that the rest of us don’t?
The things that I am about to share with you are quite alarming. It appears that the global elite have a really good idea of what is coming, and they have already taken substantial steps to prepare for it. Sadly, most of the general population is absolutely clueless about the financial collapse that is about to take place, and thus most of them will be completely blindsided by it.
As I discussed the other day, the only way that you make money in the stock market is if you get out in time. The elite understand this very well, and that is why they have been dumping stocks for months. This is something that has even been reported in the mainstream news. For example, this comes from a CNBC article that was published on June 16th…
The so-called smart money is pulling back from market risk, with fund managers taking down exposure to stocks, increasing cash holdings and buying protection against a sharp selloff.
About two weeks before that, I discussed the same phenomenon on my website. The article that I published on May 30th was entitled “Why Is The Smart Money Suddenly Getting Out Of Stocks And Real Estate?”
Did the “smart money” know what was about to happen? Since the peak of the market, the Dow has already lost more than 2200 points. All of the gains since the end of the 2013 calendar year have already been completely wiped out.
And of course the truth is that you didn’t really need any inside information to see that it was time to get out. I have been warning my readers for months about what was coming. The signs have been clear as a bell if you were willing to look at them. Just consider the following excerpt from a recent piece by Michael Pento…
Earlier in the year margin debt had risen over $30 billion or 6.5% to $507 billion and was equal to a record 2.87% of U.S. GDP. This surpasses the previous all-time high of 2.78% set in March 2000 – the top of the last largest stock market bubble in history.
And despite the assurance of every mutual fund manager on TV that they have boatloads of cash ready to deploy at these “discounted” levels, in early August cash levels at mutual funds sank to their lowest level in history, 3.2% (see chart below). As a percentage of stock market capitalization, fund cash levels are also nearing the record low set in 2000 when the NASDAQ peaked and subsequently crashed by around 80%.
The financial markets are absolutely primed for a major crash, and when that happens many among the elite will be hightailing it to the middle of nowhere.
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Earlier this year, the Mirror published an article all about this entitled “Panicked super rich buying boltholes with private airstrips to escape if poor rise up“. Here is a brief excerpt…
Robert Johnson, president of the Institute of New Economic Thinking, told people at the World Economic Forum in Davos that many hedge fund managers were already planning their escapes.
He said: “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway.”
Keep in mind that these are not just some rumors that Robert Johnson has heard. These are people that he knows personally and that he interacts with regularly.
And Robert Johnson was not alone in this assessment. Here is more from the Mirror…
His comments were backed up by Stewart Wallis, executive director of the New Economics Foundation, who when asked about the comments told CNBC Africa: “Getaway cars, the airstrips in New Zealand and all that sort of thing, so basically a way to get off.”
“If they can get off, onto another planet, some of them would.”
For some reason, the global elite seem to have a particular affinity for New Zealand. Perhaps it is because of the great natural beauty of the nation combined with the fact that it is in the middle of nowhere. The following comes from the Daily Mail…
New Zealand, which is about the size of the UK, but has a population of just 4.4 million, offers them all the modern luxuries they have come to expect – but miles from any country which may implode into chaos.
The country is 11,658 miles away from the UK, while its closest neighbour is Fiji – 1,612 miles away, more than double the distance between Lands End and John O’Groats.
Homes at the top end of the market come with tennis courts, swimming pools and media rooms – and some even boast their own personal jetties where a family can moor their boat.
But the icing on the cake for those looking to make a quick escape comes in the form of private helipads or, better, your own airstrip.
For most of us, buying a luxury bolthole with a private airstrip in New Zealand is not a possibility.
But we should all be getting prepared.
I have a contact in the food industry who has told me that her company’s sales have “been through the roof” over the past 10 days as people stock up for what is coming. In fact, she even used the word “panic” to describe what was happening.
And Americans have been buying a record number of guns as well…
Newly released August records show that the FBI posted 1.7 million background checks required of gun purchasers at federally licensed dealers, the highest number recorded in any August since gun checks began in 1998. The numbers follow new monthly highs for June (1.5 million) and July (1.6 million), a period which spans a series of deadly gun attacks — from Charleston to Roanoke — and proposals for additional firearm legislation.
For a very long time, I have been warning my readers to get prepared.
Well, now we are getting so close that panic is starting to set in.
Hopefully you are already well prepared for what is about to happen. If not, you need to kick your prepping into overdrive.
These next few months are going to change everything. Get ready while you still can.
Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog. Follow him on Twitter here.
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NUCLEAR POWER PLANTS ARE CIVILIZATION’S “POISON PILLS” AGAINST DISRUPTION OF SOCIETY.
I have seen many people over the last few years talking about various scenario’s that might cause a financial or social collapse of civilization. The assumption always seems to be that with the right preparation, perhaps the right location, such a collapse might be survivable. Some even believe that a “limited” nuclear war might be a survivable event. After all, civilizations have risen and fallen throughout our recorded history.
Unfortunately, there are things which would make this unlike any collapse of civilization in the past. Things like nuclear reactors and their spent fuel pools, many with 30+ years of old fuel assemblies; 50 or so years worth of nuclear lab and reactor waste; nuclear weapons; and failing nuclear waste repositories, such as Hanford and WIPP.
I’m sorry, but there’s no returning to the idyllic world of the days of yore. Anything which causes a significant destabilizing effect to civilization, for even a few weeks, will result in disaster. Let’s just consider the 440+ “Poison Pills” in the form of nuclear power plants that the Nuclear Power Industry has scattered around the world.
Nuclear power plants are fragile things. Nuclear reactors need to be provided with maintenance supplies, electricity, and staff 24/7 to keep the cooling systems running. Even reactors that are “shut down”.
There is no “off” switch for reactors (or for their spent fuel pools). The only way to turn them off is to decommission them, and even then you have the spent fuel to cool for decades. Any significant disruption of society that threatens to interrupt delivery of maintenance supplies for more than a month, or grid power for more than a week, or staff for more than a day, will have grave consequences.
Without regular deliveries, staff will be limited to what’s on hand, maybe a months worth of supplies, for routine maintenance or emergency repairs. Without maintenance and repairs, the cooling systems will fail.
Since the reactors aren’t able to generate electricity for their own operation each plant has backup diesel generators to provide emergency power for cooling. Getting a steady supply of fuel for all of these generators if society is falling apart would be unlikely. On average, nuclear plants have enough diesel onsite for one week. After it runs out, the cooling system will fail.
All of these plants of course require staff to run them 24/7. If the dollar collapses and the economy falls apart how many people are going to show up for work? If a pandemic starts, or if there is a “limited” nuclear war, or there is any other serious disruption which keeps people from showing up to work, the cooling system will fail.
Once the cooling system on a reactor fails, within a day it will either blow up, spewing Uranium and Plutonium into the atmosphere, or it will melt out and it’s Uranium and Plutonium will get washed into the ocean, or it will melt down and inject it’s Uranium and Plutonium deep into the Earth’s crust.
As more and more plants progressively fail, the cumulative radiation in the air, land, and sea, will destroy all life on Earth, down to microbes and bacteria.
Hopefully, TPTB are aware of these facts, and are not thinking that they can escape the results of societies collapse in underground bunkers or cities. If they retreat down into their D.U.M.B.’s, they’ll never come back out.
This has never happened before. Civilizations have come and gone, but even if there were periods in humanities past where we had high technology, we never build nuclear reactors and scattered them across the globe.
If we had this planet would already be a dead ball of radioactive land, buffeted by lifeless radioactive winds, with empty radioactive oceans lapping at the shores. For hundreds of thousands of years.
With 440+ nuclear “poison pills” ready to fail along with society, that is the fate that now awaits us. So are we going to meet the challenge and pursue our destiny to survive our species adolescence, save the planet, and become galactic explorers? Or will we settle for our fate, and go extinct as we turn this blue jewel of a planet into a barren wasteland.
It all depends on us keeping society functioning long enough for us to find a way out of this mess.
aHEMagain
Very well written and researched my friend; and all very true. I get frustrated seeing and knowing where we are going, and not really being able to do anything about it. As it stands, any type of Activist is now being watched and will soon be branded a ‘threat to national security’. Im seeing this happen all over the western nations in particular. Governments writing new laws to protect themselves and their elite cohorts. What these dickheads fail to see is that there is no running, no hiding; we are all in this together. All the money in the world will not save you. Money will have no value. The law will not protect them either. Im seeing a bit of a quickening among Government and the elite. Things are moving so fast right now that im in no doubt that they are developing an intense fear. You can see it through the bullshit and silly decisions. Dont even get me started on the global terror bullshit! They are desperate to control us through fear! Yes, they have a lot of sheeple reeled in. Governments work hand in glove with the elite to their planned agenda and we must realise that these morons are scared shitless of us and will do whatever it takes to keep us down and under their control. The fact that they had our privacy laws taken from us is proof of that. They need to know who i am, and who you are. How many of us are there? Us potential terrorists and conspiracy theorists! If you are an activist, if you are reading this and getting involved in the anti-government forums, i promise you, you are being watched. The government and lobby groups are even paying people to blogg on their behalf now. They will let us get away with it all until the time is right. Now, they are observing, and planning, counting our numbers; which to their horror is increasing markedly every day! Fear not, friends. There is a place waiting for all of us, and there is nothing to fear for you.
SOLIDARITY can save us all.
Alone, you can not survive !
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