Shortly following 9/11, the CIA was tasked with assembling a task force to investigate Wall Street activity that preceded and may have warned of the attack. They found some. As detailed in Money Morning, they found: “that bets against the stocks of American and United Airlines reached dramatically heightened levels in the days before Al-Qaeda operatives hijacked the three planes that would be used in the attacks on the Twin Towers and Pentagon.” Further investigation led them to believe they could “identify imminent threats to our national security from terrorists, rival nations, and from internal weaknesses lurking inside our economy.” In the years that followed this indeed turned out to be the case. The CIA formed something called Project Prophecy which proved its worth in August of 2006 when it uncovered the warning signs of an impending terror event. Just days after its discovery, “a plot to blow up 10 U.S. passenger jets was thwarted. And 24 Pakistani extremists were arrested.”
Jump to today and we find that Jim Ricards, the CIA’s Financial Threat and Asymmetric Warfare Advisor, and an architect of Project Prophecy, is warning of a massive impending event. According to Money Morning again, “Rickards revealed that he and his team have detected a series of dangerous economic signals that predict a fast-approaching $100 trillion meltdown. And they believe it will lead to an event more severe than the 1930s. Their estimated date for this catastrophe is July 5, 2015. Making matters worse, they believe it is impossible to stop.”[i]
A recent report confirming this was issued by all 16 US Intelligence Agencies. They are preparing it seems for “The fall of the dollar as the global reserve currency.” This they compared as being “equivalent to the fall of the British Empire in the post-World War II period.” The combined briefing of the intelligence community, which included the best estimates of the Army, Navy and the CIA, concluded that this would result in “a worldwide economic breakdown and collapse,” resulting in “an extended period of global anarchy.”
One reason they believe this scenario is a real impossibility is because of the levels of something called ‘The Misery Index’. You measure ‘The Misery Index’ (MI) by combining the real unemployment rate with the real rate of inflation. When if first remember the term being used, during the Carter Administration of the 1970’s, the MI peaked at about 20%. During the Great Depression of the 1930’s, the highest level it hit was 27%. Today, using the real unemployment rate of about 23% the MI has exceeded both of those bench marks. It currently stands at 32.89%. That’s a staggering figure and it’s part of the reason that Ricard’s team is warning of the possibility of the onset of a 25-year-long depression. And as ‘The Misery Index’ rises it is planting the seeds of social collapse.[ii] The stage has been set for all of this by the massive amount of money printing engaged in by the Fed. Ricard’s believes that any one of a number of flash points could set this off resulting in an almost immediate 70% plunge in stock values. “From the outside, nobody will see it coming. Once it becomes clear that its not a flash crash – it’s a systemic meltdown in the economy itself, that’s when the gravity of the situation will sink in.” Ricard’s told Money Morning that the government has already put something in place called The Day After Plan to deal with the situation. “They’ve prepped the locations for an evacuation of our leaders to sites codenamed Area A, Area B, and Site R, which is also known as The Rock.”[iii] The stage is being set! But through all of this, we can be assured that if we are Christ’s, we are not alone. “Fear not, for I am with you; Be not dismayed, for I am your God. I will strengthen you, Yes, I will help you, I will uphold you with My righteous right hand.’” (Isaiah 41:10)
[i] Architect of CIA’s Project Prophecy Warns of Imminent $100 Trillion American Meltdown, Money Morning, viewed January 15, 2015
[ii] Interview with Jim Ricards, Money Morning, viewed January 16, 2015
[iii] Architect of CIA’s Project Prophecy Warns of Imminent $100 Trillion American Meltdown, Money Morning, viewed January 15, 2015
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