What's really going to happen?

[Esaias]

This is a look at what I believe are some likely scenarios as to what will be happening as a result of the coronascare, and the reasons why.

Because of the growing nationwide shutdown and quarantines, business has cratered. Economists and financiers are saying we are entering a genuine Depression.

Businesses are folding because they have been ordered to close or greatly reduce hours. Plus people staying home or "social distancing" means massive revenue losses for businesses. These businesses cannot pay rents and mortgage payments as a result. So they are going bankrupt or just shutting down.

The property owners and mortgage companies can't get paid from those businesses, so they will go belly up. Investors will lose their money big time. Property owners, lenders, and investors will be wiped out. Property values both commercial and residential will crash with massive numbers of defaults.

Residential rental properties from rent houses to apartments won't make mortgage payments because the renters arent working and earning income and paying rent. Many will be foreclosed and many will be evicted. The investors will be wiped out so there won't be enough to restart that sector after the correction.

So the real estate market may very well literally crash and burn.

That means hedge funds, money market funds, REITs, and insurance companies (all of whom got into the real estate game since 2009) are gonna crash and burn because their investments are vaporising.

People and companies and investment funds that are invested in those hedge funds, etc (like pension funds etc) will crash as well. Your insurance company, retirement fund, and local municipal governments may disappear over the next year. There goes your retirement and health insurance and your local banks too.

More homeless, broke people = no businesses except defense contractors and certain other types.

A HUGE contraction of wealth into a smaller Big Boy Club with a HUGE expansion of poverty and no middle class left to speak of. Literally financial Armageddon the likes of which haven't been seen in over I don't know how many centuries. The Great Depression doesn't compare because of the frailty of the existing system compared to the robustness of the 1920s economic situation.

So...

The global solution to the Great Depression was World War Two.

The entire world can't go on welfare. So the only solution is the tried and proven massive war solution to restart the dying economies of the world.

However, as with all jumpstarts and resets, the new economy will be different.

Robotics and automation will be the wave of the future. Almost all the current US economy is busy work, make work. Burger flippers and tradesmen building places for burger flippers to work at, financial paper traders, "e-commerce" and social media businesses (Instagram influencers, affiliate marketing, etc).

Outsourcing all manufacturing to China or anywhere else but home is now seen as a dangerous thing. I believe manufacturing will return to the US. But not like it was pre-NAFTA. 3D printing, automation, and robotics will feed each other to transform manufacturing into smaller decentralised operations. Think GM parts plants operating out of small private shops instead of a big factory warehouse somewhere.

Unfortunately millions of people will literally be obsolete with little to nothing to offer employers. Burger flippers won't be needed when fast food is 3D printed and served by low level AI bots. Those bots themselves being built by 3D printers.

You can see where this going. I am not the only one who saw automation, AI, robotics, 3D printing as the future wave, long before coronavirus showed up. You can bet the Planners who direct society at the top saw this as well. A huge restructuring of the global economy was in order and now is on the way. Pandemic and war will cull a lot of "useless eaters" (including many seniors whose pensions and retirements will soon be simply deleted off the balance sheets) and trim the fat so to speak. Harsh but that's how the Managing Directors basically see it.

Opportunities for smart individuals: get into 3D printing, robotics, digital solutions, local manufacturing of the types of goods that will be needed. Or become an arms dealer.

Do everything you can to build your family's real wealth: land, food production, self sufficiency, production of necessary goods/services. Get away from 20th century make-work like restauranting, investing in speculative paper assets, or anything that derives income from people who get paid to do last year's make-work or technically unnecessary "service jobs".

Read and understand Deut 8:18 and what it really signifies. And understand wealth is not the same as money. Wealth is PRODUCTIVE CAPACITY, resources: land, food, needed resources. Find the fulcrum and put your hand on THAT.