Operation Trojan Horse: The 2017 Great Depression
There is a pattern of economic crashes occurring every seven years dating back to the Great Depression. The Great Depression suffered its worst year in 1931, then later we have the Arab oil embargo, the S&L crisis, Black Monday, the 1994 bond massacre, the 2001 NASDAQ crash and the 2008-2009 financial collapse. Each occurred at the very end of a seven-year economic cycle. We are now overdue. Regardless of the timing, though, it will happen and this book will prepare you and tell you why it will occur.
We are on the verge of the greatest depression in history and with it the most opportunity to profit. The premise of this book is that the Dow Jones will continue to increase its phantom expansion until it reaches a totally unsustainable level and then will collapse to the 15,000 level, from which it will collapse even further without a recovery. When this happens, silver will become the most undervalued asset in the world and will be three digits in value–over $100 an ounce–and soon thereafter many multiples higher.
There is a plan to destroy the US dollar and not pay back the $100 trillion in unfunded liabilities. The elite would prefer to simply transfer their personal holdings to euros and gold. Their plan is to divest American assets, sell the dollar, renege on all debts and start with a brand new currency. That plan is revealed here. The end game is spelled out.
David Stockman, former Budget Director under President Reagan, has raised an interesting trigger point to this collapse. It’s a well-known fact that the debt ceiling was automatically frozen at the end of the day on March 15, 2017. Then the count began. The Treasury currently has about $200 billion cash on hand. At the rate of spending–$3 billion per day–this cash will last until approximately Memorial Day or early June. A letter has already gone out from the Secretary of the Treasury to both houses of Congress warning of impending “extraordinary measures.”
At that point, with the debt ceiling frozen at $20 trillion, the key question is, will Congress be able to vote successfully to raise this by trillions? David Stockman suggests no–it is impossible. He says the Tea Party conservatives are one faction of the republicans, which are split. They will not vote for a multi-trillion debt ceiling increase before they have repealed Obamacare. The so-called reciprocal tax (a border adjustment tax) proposed by the Administration will take two years to implement and it is highly controversial. Before this happens, the mother of all debt crises is on the table. The democrats will not pursue anything Trump recommends. They won’t help him, regardless. This is a perfect storm.
The clock is now ticking as of the end of the day on March 15th. There’s no pathway to a majority in the House or Senate to increase the debt ceiling. The budget numbers do not add up. This is a perfect time to sell and to reposition assets as I discuss in my book. My book covers the geopolitical and the economic aspects of the reset.