THE 2023 ECONOMIC DISASTER

THE 2023 ECONOMIC DISASTER 

"What are the first things people should be aware of in 2023?
First, we need to be ready for any potential economic downturn. History shows that the last major market crash was in 1929, and it took 25 years to recover from it.
If another market crash occurs, a bailout may be necessary. A bailout involves rescuing a struggling entity, such as a firm, from financial issues. However, if we look at past market crashes, such as the ones in Mexico in 1994, Russia/LTCM in 1998, the dotcom crash in 2000, the Lehman Brothers collapse in 2008, and the pandemic in 2020, we can see that each economic bailout has been more significant than the previous one.

While economic bailouts are common, there is a limit to how much they can be used. When money is pumped into the system, it often results in more debt. If the cost of the last bailout was one trillion dollars, the next one could cost up to twenty trillion dollars. Therefore, governments must be cautious about the frequency and size of bailouts to prevent excessive debt."

WHAT WILL HAPPEN?

EXAMPLE:

The zero covid strategy:

In terms of COVID-19, China has been implementing a "zero COVID" strategy for the past three years. This policy involves quarantining individuals in their apartments if even one other person in their vicinity contracts the disease. In some cases, the force has been used along with other severe measures. Furthermore, if ten additional people contract the disease, the entire neighborhood will be shut down. If 30 people contract the disease, the entire city will be shut down. This strict approach has helped China to keep the number of COVID-19 cases relatively low compared to other countries, but it has also come at a cost in terms of personal freedom and economic activity.

26 million people live in Shanghai, 22 million in Beijing, and there are other large cities in China such as Xi'an and Chongqing.

What occurs when no one enters or departs? 

To proceed, you must have a negative COVID test result. The test must be taken within 48 hours before passing through.

It is recommended that each person receives three COVID tests per week. Testing tents are available in every block, but there have been issues with their effectiveness, leading to mandatory participation for all individuals.

In some areas, there are COVID detention camps where individuals are transported and quarantined outside of city limits for some time.

WHAT ARE THE RESULTS?

Economy-related damage

Can COVID be controlled?

ANSWER: 

In the near term, the solution is feasible, but it will come at a significant cost of several million dollars.

Suddenly, large-scale riots erupted in cities across the nation.

THE PLAN AND THE CHANGE IN THE POLICY!

The rules have been updated. Individuals are now allowed to self-quarantine, eliminating the need for additional testing or authorization to travel. Therefore, one can travel without any of these requirements.

WHAT WILL HAPPEN NEXT?

The promotion of Chinese stocks has begun.

There are two reasons why the economy has suffered and why the rebound may not happen soon:

Reason #1:

If the assumption is that only 30% of the population (1.4 billion people) is infected.

THE MEANING:

Infected individuals will total 480 million during the next few months.

Although there were many survivors, the awful news is that millions of people died.

HOW MANY PEOPLE WILL BE IN THE HOSPITAL?

The problem:

HOW CAN A GOVERNMENT PROVIDE MEDICAL TREATMENT FOR 480 MILLION INFECTED PEOPLE?

The result:

The economy will suffer.

Additionally, the damage will double once the lockdown is in place.

Conclusion in simple terms:

Zero COVID policy causes a revolution.

Chinese drugs are absent from global drugstore shelves due to disruptions in the supply chain caused by the COVID-19 pandemic. Additionally, China is facing significant debt challenges. However, as the world's primary supply chain, disruptions in China's economy can have far-reaching consequences beyond the availability of drugs.

The economy is facing disruption due to supply chain issues. The supply chain is essentially the backbone of the economy, and any disruptions in the supply chain can have ripple effects throughout various industries and sectors.

Reason #2

The situation in Ukraine and the current conflict.

The current situation in Ukraine and the conflict with Russia have their roots in events that occurred over the past 14 years. It all started in 2008 when President George W. Bush suggested that Georgia and Ukraine should join NATO, which was seen as a provocation by Russia. A few months later, President Putin ordered an invasion of Georgia to prevent it from joining NATO.

In 2014, a coup was staged to remove the pro-Russian leader of Ukraine, after which President Putin invaded Crimea. The message was clear: any attempt to remove pro-Russian leaders or bring Ukraine into NATO would be met with force. The world was watching, and tensions between Russia and the West escalated.

The conflict has disrupted the global economy, as Russia is a major player in the supply chain for many industries. The situation remains tense, and there are concerns that it could escalate into a larger conflict. Diplomatic efforts are ongoing to try and find a peaceful resolution, but the stakes are high, and the situation is complex.

THE TRAGEDY OF WAR AND THE FINANCIAL-ECONOMIC OF WAR:

The war has been wrapped by a dynamic war around the military war.

THE REASON:

The United States and some European nations have been providing Ukraine with weaponry and training with a variety of weapon systems.

EXAMPLE: the new drone war.

THE ECONOMIC FINANCIAL WAR:

The US, EU, UK, and other nations have joined forces to impose sanctions on Russia, resulting in the freezing of the Russian central bank's assets and leading to economic repercussions.

In retaliation, Russia has blocked the export of numerous essential items, including grain, fertilizer, and critical metals, which has further exacerbated the situation.

THE EFFECT:

The confrontation between Russia and Ukraine will have an influence on every human being in the world.

THE STARVATION:

Starvation is a significant issue in many parts of the world. Food reserves have been depleted in several regions, and conflicts have exacerbated the problem.

As financial and economic expert James Richards has warned, imposing sanctions can lead to a currency war that hurts everyone.

WHAT NEXT?

Unfortunately, we are on a path to nuclear war.

The escalation is on high-level alert until a country is trapped.

AVOID PUSHING THE BOTTOM!!