Wednesday, June 15, 2022 by: Mike Adams
Tags: bitcoin, chaos, Collapse, crash, crypto, Federal Reserve, finance, interest rates, loans, money, mortgage rates, Real Estate, risk, stock market
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The Fed raised interest rates by 0.75% today (75 basis points), fulfilling their promise to attempt to reverse the runaway inflation that they caused in the first place by printing trillions of dollars and flooding the markets with cheap or nearly-free funds (zero percent interest rates, for example).
As of right now, America’s real estate bubble is now in the process of a catastrophic collapse. The stock market is collapsing and the crypto universe is absolutely imploding. “The crypto apocalypse is here,” writes Michael Snyder from End of the American Dream:
Over the last seven months, we have witnessed a cryptocurrency collapse that is so epic that it is truly difficult to put it into words… approximately two-thirds of the value of all cryptocurrencies has already been wiped out. Some are calling this a “crash”, but the truth is that this is the sort of full-blown “collapse” that so many have been warning about for such a long time. A lot of crypto investors are now deeply in the red, and the outlook for the months ahead is very bleak.
Meanwhile, the average stock portfolio is down 31% this year alone, and the downside still remaining now looks like a deep, ominous chasm of financial devastation that’s going to suck the vast majority of American into financial destitution.
You see, while everybody’s assets are plummeting, the prices of the things they need to buy keep skyrocketing.
Everything people own is going to collapse in value, while nearly everything people buy is going to double or triple in price.
The real estate bubble will now collapse, however, which may offer some relief for those trying to rent or purchase new homes. But for the tens of millions of people already locked into bubble-priced mortgages and rent contracts, the pain of paying too much won’t be easily reversed.
The truth is that most assets have been Ponzi schemes for many years or even decades. The stock market hasn’t operated from fiscal reality since the 1980s, and the fiat currency dollar has been living in a delusional fairy tale land since Nixon took it off the gold standard in 1971.
The real estate asset price explosion was just an expression of low interest rates and cheap money, while the crypto universe was a grand social experiment that primarily served as a new generation’s “dot com bubble” where they ultimately learn an expensive (but valuable) lesson in the seduction and false promise of seemingly becoming wealthy without work. Too many crypto pioneers thought they could recreate the laws of economics by simply claiming absurd things that aren’t true, like “we don’t need intrinsic value, our token is backed by an algorithm.” That’s the crypto equivalent of the biological fantasy that claims “men can get pregnant,” which is why I call the crypto Ponzi schemes “financial transgenderism.”
See, what we’re all really beginning to experience in the world right now is a heavy dose of reality.
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About the author: Mike Adams (aka the “Health Ranger“) is a best selling author (#1 best selling science book on Amazon.com called “Food Forensics“), an environmental scientist, a patent holder for a cesium radioactive isotope elimination invention, a multiple award winner for outstanding journalism, a science news publisher and influential commentator on topics ranging from science and medicine to culture and politics. Follow his videos, podcasts, websites and science projects at the links below.
Mike Adams serves as the founding editor of NaturalNews.com and the lab science director of an internationally accredited (ISO 17025) analytical laboratory known as CWC Labs. There, he was awarded a Certificate of Excellence for achieving extremely high accuracy in the analysis of toxic elements in unknown water samples using ICP-MS instrumentation. Adams is also highly proficient in running liquid chromatography, ion chromatography and mass spectrometry time-of-flight analytical instrumentation. He has also achieved numerous laboratory breakthroughs in the programming of automated liquid handling robots for sample preparation and external standards prep.
The U.S. patent office has awarded Mike Adams patent NO. US 9526751 B2 for the invention of “Cesium Eliminator,” a lifesaving invention that removes up to 95% of radioactive cesium from the human digestive tract. Adams has pledged to donate full patent licensing rights to any state or national government that needs to manufacture the product to save human lives in the aftermath of a nuclear accident, disaster, act of war or act of terrorism. He has also stockpiled 10,000 kg of raw material to manufacture Cesium Eliminator in a Texas warehouse, and plans to donate the finished product to help save lives in Texas when the next nuclear event occurs. No independent scientist in the world has done more research on the removal of radioactive elements from the human digestive tract.
Adams is a person of color whose ancestors include Africans and American Indians. He is of Native American heritage, which he credits as inspiring his “Health Ranger” passion for protecting life and nature against the destruction caused by chemicals, heavy metals and other forms of pollution.
Adams is the author of the world’s first book that published ICP-MS heavy metals analysis results for foods, dietary supplements, pet food, spices and fast food. The book is entitled Food Forensics and is published by BenBella Books.
In his laboratory research, Adams has made numerous food safety breakthroughs such as revealing rice protein products imported from Asia to be contaminated with toxic heavy metals like lead, cadmium and tungsten. Adams was the first food science researcher to document high levels of tungsten in superfoods. He also discovered over 11 ppm lead in imported mangosteen powder, and led an industry-wide voluntary agreement to limit heavy metals in rice protein products.
In addition to his lab work, Adams is also the (non-paid) executive director of the non-profit Consumer Wellness Center (CWC), an organization that redirects 100% of its donations receipts to grant programs that teach children and women how to grow their own food or vastly improve their nutrition. Through the non-profit CWC, Adams also launched Nutrition Rescue, a program that donates essential vitamins to people in need. Click here to see some of the CWC success stories.
With a background in science and software technology, Adams is the original founder of the email newsletter technology company known as Arial Software. Using his technical experience combined with his love for natural health, Adams developed and deployed the content management system currently driving NaturalNews.com. He also engineered the high-level statistical algorithms that power SCIENCE.naturalnews.com, a massive research resource featuring over 10 million scientific studies.
Adams is well known for his incredibly popular consumer activism video blowing the lid on fake blueberries used throughout the food supply. He has also exposed “strange fibers” found in Chicken McNuggets, fake academic credentials of so-called health “gurus,” dangerous “detox” products imported as battery acid and sold for oral consumption, fake acai berry scams, the California raw milk raids, the vaccine research fraud revealed by industry whistleblowers and many other topics.
Adams has also helped defend the rights of home gardeners and protect the medical freedom rights of parents. Adams is widely recognized to have made a remarkable global impact on issues like GMOs, vaccines, nutrition therapies, human consciousness.
In addition to his activism, Adams is an accomplished musician who has released over fifteen popular songs covering a variety of activism topics.
Click here to read a more detailed bio on Mike Adams, the Health Ranger, at HealthRanger.com.
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