Market Will Fall By 50-75% As Petrodollar And Energy Sector Break Down
-- Published: Tuesday, 15 August 2017 | Print | Disqus
By Steve St. Angelo
Investors will get wiped out as the stock and real estate markets fall by 50-75%. Unfortunately, most investors, even the precious metals investors, do not understand the dire predicament that the U.S. and world faces as the energy sector continues to disintegrate.
I discussed this in detail with Dave at the X22 Report. We started the interview by chatting about the highly inflated U.S. Retirement Market and how more funds are being paid out to retirees than is coming in. This is the beginning of the last stages of the Biggest Ponzi Scheme in history.
While the Alternative Media focuses on the horrible situation in the State Pension Funds, it’s also very bad in the private sector retirement market as well as the Federal Pension Funds. While the State Pension Fund Plans have $4 trillion in assets and $1.9 trillion in liabilities, the Federal Pension Funds only have $1.6 trillion in assets versus $1.9 trillion in liabilities(source: Investment Company Institute). See chart below video.
And… we have to remember, the “supposed assets” on these funds’ balance sheets are considerably inflated. So, when they POP, the U.S. Retirement and Pension Fund Market will implode.
Furthermore, I discuss how Americans who are putting their funds into retirement assets aren’t really building wealth. Rather, the money that Americans are investing into the U.S. Retirement Black Hole every month is being used to pay off retirees today. Thus, the money that goes in, is immediately redirected into paying those who retired.
If we look at the chart below, the bar that says the DC Plans represents mostly 401k’s. The current value of the DC Retirement Plans is $7.3 trillion. However, the value of that retirement market is based on a highly inflated Stock, Bond and Real Estate Market. Moreover, the last figures the ICI – Investment Company Institute put out, shows that $29 billion more was paid out to those in 401k’s in 2014 then came in. I will be interesting to see what that figure is in 2015, when the data is released.
Unfortunately, Americans have no idea that the money they invested into their retirement account wasn’t put into some large gold vault, so when they retire, they can start collected their gold coins. OH NO… rather, all they have been doing is paying off Americans who retired before them.
Lastly, most of the Alternative Media focuses on issues that aren’t as important as ENERGY. For example, many Alternative Media sites focus on Conspiracies about the Elite controlling the world. Yes, it’s true….. the Elite control the world, and have been doing so for thousands of years and will continue to do so.
However, when the Ancient Roman Empire collapsed, so did Elite’s wealth and control. The main city of Ancient Rome saw its population fall from 1 million down to 10-20,0000 people. So, along with the collapse of Ancient Rome, the value of Real Estate, Businesses and Wealth evaporated.
So, if we use logic, then it is more important to understand what is happening with ENERGY and less with the ELITE. The Elite are going to be decimated by the upcoming collapse… and this collapse will happen due to the Falling EROI – Energy Returned On Investment and the disintegration of the U.S. and Global Oil Industry.
Don’t be fooled by analysts who are forecasting that NEW TECHNOLOGIES are going to save us. This is pure BOLLOCKS. Folks… we have run out the clock. Now, it’s time to prepare and protect one’s wealth.
Check back for new articles and updates at the SRSrocco Report.
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