Benjamin Fulford 11/11/19 Update: Deliberate implosion of financial system being engineered to kick-start new financial system
A bigger than Lehman Brothers collapse of the financial system is being engineered in order to make way for a new financial system, Asian secret society sources say. Recent trends in financial markets, notably a stock market bubble of biblical proportions, back up this assertion. Any financial veteran will tell you that when financial markets fight against reality, reality always wins in the end. This means stock prices could fall by 90% or more.
However, in a sign the financial war is not yet over, European royals disagree, saying, “All of the world’s investment banks have begun to migrate away from the old system, so it is just a matter of time before it seamlessly or frictionlessly just morphs from the old to the new.”
This may work for payment systems, ATMs, and credit cards, etc., but not for the Western system of Babylonian debt slavery as a whole. This system has resulted in the top 1% owning 53.2% of all stocks and mutual funds, and if you add in the next 9%, the rich control 93.2%, leaving the remaining 90% with just 6.8%. Further proof that this is a system of debt slavery comes from the fact the bottom 90% of the people owe 72.4% of all the debt.
https://www.zerohedge.com/s3/files/inline-images/total%20asset%20held%20by%20wealth%20group.jpg?itok=mWryuKbR
This stock market, controlled and owned by the super-rich and their high-level servants, has become fraudulent and parasitical and is actually sucking money out of the real economy. This makes a collapse mathematically inevitable.
Let’s take a look at some more numbers that prove this. From January to October of this year worldwide, $339 billion has been put into bonds and $208 billion has been taken out of stocks, and yet the stock market keeps hitting record highs. That’s because since 2009, institutional investors and households have taken $1.9 trillion out of the stock market while corporations, using private central bank funny money, have bought $3.6 trillion of their own shares.
https://www.zerohedge.com/s3/files/inline-images/equity%20bond%20flows%20oct%202019_0.jpg?itok=Nxl8qhbg
https://www.zerohedge.com/s3/files/inline-images/total%20flows%20buyback_1.jpg?itok=WtOd33NR
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Plus, according to the Wall Street Journal, 97% of listed companies are not using Generally Accepted Accounting Principles (GAAP) in releasing their profits, meaning basically they are cooking their books.
https://www.zerohedge.com/markets/wework-disaster-aftermath-97-companies-using-non-gaap-metrics-everything-fake
https://www.zerohedge.com/markets/corporate-profits-are-worse-you-think
Coca Cola is a good case study. To quote from The Daily Bell:
“If we just go back a few years to 2010, Coca Cola’s annual revenue was $35 billion. By 2018 the company’s annual revenue had fallen to less than $32 billion. In 2010, Coca Cola generated $5.06 in profit (earnings) per share. In 2018, just $1.50. And Coca Cola’s total equity, i.e. the ‘net worth’ of the business, was $31 billion in 2010. By 2018, equity had fallen to $19 billion. So over the past eight years, Coca Cola has lost nearly 40% of its equity, sales are down, and per-share earnings have fallen by 70%. Clearly the company is in far worse shape today than it was eight years ago. Yet Coke’s share price has nearly DOUBLED in that period.”
To summarize, the families that own the Western (and Japanese) central banks are printing money and handing it to the corporations they also own, while sucking the lifeblood out of 90% of the population.
https://www.zerohedge.com/s3/files/inline-images/how%20qe%20works%20in%20practice.jpg?itok=3994DpPy
The financial system has become a giant black hole, which makes perverted sense since many of the ruling families worship the black sun.
One likely trigger will be the collapse of Deutsche Bank, which just announced a third quarter loss of 832 million Euros.
https://www.cnbc.com/2019/10/30/deutsche-bank-q3-2019-earnings.html
This chart of their stock price bears an uncanny resemblance to Lehman Brothers just before they collapsed.
https://www.zerohedge.com/s3/files/inline-images/bfm9067.jpg?itok=cVit4Ln5
A collapse of Deutsche Bank would pull down the European Central Bank and bankrupt the EU, the Asian sources say.
Needless to say, while it’s easy to spot a bubble, it’s harder to predict when it will burst. However, Asian secret society and White Dragon Society (WDS) sources believe a collapse is likely in 2020. This will be followed by a jubilee (a one-time write-off of all debt and redistribution of assets) and a huge campaign to fix the planet. This plan includes setting up a meritocratic future planning agency that anybody can apply to join.
Before that becomes possible, though, some serious battles remain to be fought. Right now, the main action is taking place in Saudi Arabia and Mexico, where the Khazarian mafia is fighting to preserve its oil and drug money pipelines.
Let’s start with the situation in Mexico, where according to Pentagon sources, U.S. President Donald Trump has “declared war on Mexican drug cartels, and indirectly the Democrats who are their secret supporters.” However, Mexican sources say recent events in Mexico such as the supposed murder of nine American women and children are just false flags. The evidence leads to “Yunque, an extreme-right secret occult sect with trails of …
… pedophilia (Father Marcial Maciel was part of it),” Mexican patriots say.
The Mexican sources have put together a damning case showing that the recent attempt to arrest the son of “El Chapo” and the supposed murder of the Americans were part of a desperate attempt by the U.S. corporation to survive by seizing Northern Mexico and its oil fields.
The LeBaron family that was supposed to be the victim of the slaughter of nine women and children has been stealing water, kicking farmers off their land, smuggling drugs, and is involved in the NXIVM sex cult among other things, the sources say.
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They note that the video of the “massacre” showed no bodies, no clothing, had no witnesses, and that the bullet-ridden survivors supposedly managed to walk six hours and 15 kilometers through hostile desert terrain and are all in Arizona, not Mexico.
The sources also say the failed attempt to arrest the son of El Chapo was done by the U.S. Drug Enforcement Agency and the governor of Culiacán without informing the President of Mexico. “The cartel had a reaction response comparable to that of a well-organized army. The stink of CIA operatives is all around,” the sources say.
“With the excuse of these attacks, the U.S. Congress is going to label drug cartels as terrorist organizations, therefore opening the door, thanks to the Patriot Act, to wage war in Mexico,” they conclude. A detailed report by the Mexicans can be seen in a Letter to the Editor on this site.
Now let’s turn our attention to the situation in Saudi Arabia, where the Khazarian mafia is fighting to preserve the petrodollar system by publicly listing Aramco, the Saudi oil company. Here, “Iran’s announcement of a new 53 billion barrel oil field was timed to derail the Aramco IPO and should make it richer than Saudi Arabia, whose proven depleted reserves may be well below 200 billion barrels,” Pentagon sources say.
“Until Saudi Arabia signs a non-aggression pact with Iran, a peace deal with Yemen, and has S-400 [anti-aircraft batteries] operational to protect its oil assets, nobody will invest in Aramco,” the sources continue. “While China may pretend to be interested in Aramco to help Mohammed Bin Salman, it may be forced to back down because of Saudi human rights violations, war crimes, genocide, crimes against humanity, torture, mass murder, and terrorism,” they conclude.
Of course, the battle over Saudi Arabia is also about an attempt by the Rockefellers and other cabal families to use the oil to bribe the Chinese into going along with them, WDS sources say. That’s why they handed $100 billion of “Saudi money” plus control of Japan’s election-stealing machinery to Softbank’s Son Masayoshi, a relative of Sun Yat-sen, founder of modern China, Asian secret society sources say.
However, the Asian secret society sources say they are not being fooled by this maneuver, which is why Son has suddenly run out of money. Instead, the sources say they plan to bankrupt the cabal-owned Bank of Japan along with the Federal Reserve Board and the European Central Bank.
The sources say they are setting up a bank in Serbia that is being designed to replace the European Central Bank. Serbia is being given Russian S-400 air defenses to protect this planned bank, the sources say. This would be great historical justice for the destruction of Yugoslavia.
https://www.zerohedge.com/geopolitical/us-threatens-sanctions-serbia-scrambles-thwart-s-400-acquirement
In a sign the U.S. military is on board with this plan, Pentagon sources say, “Trump may attend Russia’s Victory Day military parade in May 2020 to send a message to the Deep State, Zionists, and China.”
The Chinese, for their part, are now preparing to establish a $10 trillion a year “Earth-moon space economic zone by 2050.”
http://www.globaltimes.cn/content/1168698.shtml
There’s a lot more going on under the surface that we cannot write about yet for reasons of operational security. However, we can say that more and more senior cabal politicians are vanishing. The desperate cabal operatives are trying to sustain the appearance that their pet politicians are still around with tweets, letters, press releases, and computer graphics. However, we hear they are being held incommunicado while facing “vigorous questioning.” Most are “singing like canaries,” Pentagon sources say.
Once the clean-up in the U.S. is finished, attention will turn to Europe and Japan, WDS sources claim.
Finally, in a sign the Israelis have backed off their “Samson option” threats, Israeli embassies have reopened for 25 days on the order of a judge, according to a spokesperson for the Israeli embassy in Tokyo. This maybe an indication the Zionists are negotiating a surrender.
Source: https://benjaminfulford.net/
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