Crack Up Boom JUST AHEAD In 2024 - 2023-12-20
Episode Summary:
The document, authored by Clif High and titled "Crack Up Boom JUST AHEAD In 2024," is a complex and speculative dialogue about the impending financial and societal changes expected in the upcoming year, specifically the phenomenon known as the "crack up boom." High engages in a meandering discourse that covers a range of topics including prophetic dreams, the nature of fiat currencies, central banking failures, and the eventual collapse of both capitalist and communist systems.
High begins with a personal anecdote, discussing his conversations and interactions, which leads into a broader discussion about the validity and interpretation of prophetic dreams. He does not dismiss dreams as a source of prophecy entirely but emphasizes the need for a rigorous and systematic approach to discerning the truly prophetic ones.
The core of the document revolves around the concept of the "crack up boom," a term attributed to economist Kondratief, who was asked by Stalin to predict the downfall of capitalism. Kondratief's theory posits that the inherent nature of central banks and the human element within them will inevitably lead to a catastrophic financial boom and bust cycle. High explains that this cycle is fueled by the continued and accelerated printing of fiat currency, leading to hyperinflation and a loss of confidence in the monetary system. This situation is exacerbated by the inability of banks to induce or manage debt effectively, leading to a systemic collapse.
High interweaves historical examples, personal observations, and anecdotal evidence to argue that the current state of the global economy is teetering on the edge of this "crack up boom." He suggests that various signals, such as difficulty in obtaining goods, the rise of digital currency, and the overall instability of the fiat system, are indicators of the impending crisis. He also touches upon the potential impacts on different sectors, including real estate and resource properties, and the societal shifts that might result from a financial system collapse.
Throughout the document, High maintains a critical view of central banking and fiat currency, advocating for a return to a more stable and sustainable economic model. He peppers his narrative with personal insights and predictions about specific dates and events that he believes will mark key turning points in the impending crisis.
Key Takeaways:
- Major Economic Event centered on February 18th, 2024 (+/- 3 Days), which will lead to hyper-inflation by May
- The "crack up boom" predicts a catastrophic financial cycle leading to hyperinflation and economic collapse.
- Kondratief's theory suggests that the nature of central banks and fiat currency will inevitably lead to this collapse.
- High emphasizes the need for critical analysis of prophetic dreams as a tool for predicting future events.
- The current global economy shows signs of impending crisis, with difficulties in debt management, goods acquisition, and consumer confidence.
- High advocates for a return to hard species like gold and silver to stabilize the economy.
Key Takeaways:
- A "crack up boom" will lead to the collapse of fiat currencies and central banking systems around 2024.
- Specific economic markers, such as hyperinflation, will become evident around February 18, with significant shifts by May.
- The government and societal structures may begin to collapse by October or November post hyperinflation.
- A move towards digital currency and a need for a more sustainable economic model will emerge from the crisis.
Crack Up Boom JUST AHEAD In 2024 - 2023-12-20
Hello, humans. Hello humans. Long day afternoon here.
Anyway, so still heading back out now. Heading back out to the coast. I was talking to some guys about. I got delayed in actually quite interesting discussion about computer programming and what's going on and so forth. But that doesn't interest most people.
But it was kind of interesting for myself. I was talking to a guy who is a retired navy commander and had served on intelligence gathering boats. Well, like the liberty that was attacked and almost sunk by the Israelis. Dirty, fucking evil Israelis. Anyway, so he's on a liberty style boat and he was just saying in 30 day period of time, he didn't say where any of the details.
They had over 200 UAP incidents out and about somewhere, wherever the hell he was. So very interesting, that kind of stuff happening all over.
So Carrie Cassidy is bitching and moaning at me that she's misunderstood, thinking that I don't accept dreams as prophetic, which I do. I just don't accept all dreams as being prophetic, and most are not. And so that's where it comes down to it. It's a thing of, yeah, she's probably had a prophetic dream. Probably nearly everybody does.
But just because you have such a dream and connect it to the unfolding common reality around us one time doesn't mean that all your dreams are thereafter are prophetic or that necessarily any of them are. And if you have a mechanism and so on, and you can say, well, I've used this mechanism and I've had 35 prophetic dreams and I've been able to track 34 of them by using this method. It's like, well, okay, then the next time you have a dream, then you've got a track record, you've got a rigor, an analysis approach to determine which dreams are prophetic. And so, all right, so I'll go with you on that. Right.
It's likely that you've got something going on there and you may be able to clue into it. Not everybody is or does or can. It's just like dreams are on a low order of prophetic kind of approach for me. There's easier ways to collapse the matrix potential and determine what the hell is going on than trying to rely on dreams which then also have that huge interpretation thing going on. Right.
You've got to interpret the dream relative to itself, to temporal clues, all different kinds of stuff. And so it gets really difficult, to say the least, to make any kind of appropriate conclusion on it. Right. Anyway, so, no, I'm not saying that dreams are not prophetic. I'm just saying that it's a real crapshoot when you're trying to do these ahead.
So I agree that prophetic dreams exist and you can track them and plot them against manifesting circumstances, but usually 99.99% of the time, that's only done in hindsight. Only looking back after the events have emerged, do you see how the dream was accurate and so on? So I actually think my buddy Joe had a dream in which it basically told him that bitcoin was going to hit 38,000. He sold then, because the dream had a big giant ice cream cone, and then there was this crash business. Right?
So he's interpreted as a big crash. Well, bitcoin hit 38,000, he sold out, and then he crashed his airplane. So does that complete the prophetic dream, or does his interpretation that there's a crash coming to the cryptos and so forth make any sense? Was that part of the dream? Well, it's like, I don't know.
I think if I were him, I would say, oh, I crashed. And so I probably misinterpreted the dream, and there's probably not going to be any kind of a crypto crash relative to what I had seen, because it sure doesn't look that way. It looks like we're going to head into the crack up boom. The crack up boom was okay. So Stalin had this brilliant economist by the name of Kondratiev, and Kondratiev was real brilliant.
And Stalin goes to him and says, I want to know when capitalism will collapse. And Kondratiev said, sure, no worries. And he goes and he works and he works and he works and he has math, and he works some more. And some months, a year later, he goes back to Stalin and he says, okay, I've got it here. Right?
Here's the deal. Capitalism will collapse at this point, and it will happen this way. And the way it'll happen is a crack up boom. And that this is inevitable simply because of the nature of central banks and humans. Okay?
And that this is all good. Capitalism is going to collapse at this point. But, Mr. Stalin, I got a little bit of bad news, and that is that communism's going to collapse a lot quicker. It'll collapse long before capitalism.
And so Stalin says, I didn't want to hear that and ships Kondratiev off to the gulag for giving him bad news, right? So you got to watch out for these guys. Stalin, by the way, was a khazarian. He's jewish, and he was deeply connected to the Elohim worship cult, in spite of the fact that he know, nominally communist and an atheist.
So I don't know how this shit works out. But anyway, so Kondratiev comes up to him in that process of telling Stalin all of this, and he tells him how it's going to go down. And it's perfectly logical. It makes perfect sense. We've seen us come close to it a couple of times.
But basically what happens is all fiat currencies will go through this. We see this happening where there have been central banks, like in Argentina and so on, that have followed this exactly. And so Kondratiev is correct in how fiat currencies die. And what happens is that your central bank being controlled by humans, all of these humans have incentives to keep their position, and they have incentives to keep the system going the way it is. And so they will be counted upon to keep on keeping it on.
And so that's number one to bear in mind is that this will all be run out, directed, controlled by human emotion at all the various different levels. That's one level of human emotion is that the central bank will not just simply cease, they will keep on at the way that they are keeping on now until they can't do it anymore. And so this ultimately leads to a state of acceleration of what they're doing. Okay, so it's not working, but they think if they do it more fiercer, faster, it will work. That's their inherent delusional, supported by emotion viewpoint on what's happening.
They don't know it's dying. I mean, they do know it's dying, but they think, oh, well, we can stop this if only we do this. If only we do this. And so we will have a crack up boom in our fiat based capitalistic structure. Capitalism is great.
It's the only workable economic system, right? Socialism doesn't work. Communism doesn't work. Both socialism and communism are jewish constructs made from the Elohim worship cult. Anyway, so what happens is that we get to the point where we're at right now, where the banks are suddenly finding it difficult to get people to take on debt.
Debt is the propellant. It is the fuel for a fiat money system. If you don't have increasing levels of debt, doesn't have to increase much, but it has to increase pretty continuously. But if you don't have that, you start sliding back into a period where the banks can't have it, okay? And that's deflation.
If you start paying off the loans, and if you start deflating the currency, deflating the debt that is around a fiat currency. Then you get to the point where the banks collapse faster, harder, the whole thing just really crumbles. And so the central banks are desperate to not ever have deflation. So we had deflation in 1932. Prices were falling.
So prices in the depression fell down to a certain level that made sense relative to the individual items. And then as we get into this, in like 1929 30, 31, then as we get into 1932, the lack of demand is such that you have goods start piling up all over that no one wants to buy. And so they will start the process of deflation. The people that have money invested in those goods will deflate by lowering the prices on those goods just to get them out the store and get a little bit of currency because they're like everybody else. They need that currency to flow through them in order to be able to pay their bills, et cetera.
We're actually encountering this situation now. I have run into this myself, and I've talked to a guy today who was telling me about also running into it himself in another store. So we're running into the period of time where there are goods that are in short supply you can't find. So I'm especially running into this, starting to get into buying the stuff I'm going to need for the extension on my house, right? There's a lot of material that I'm going to have a hard time locating because the supplies are not readily available for a number of different reasons.
All coming down to basically though, that the money is just shit anyway. So I go to some of these places that have these kind of goods that are smaller. They're not like giant regional chains and stuff, right? And I go on in there and they're in a situation where in these past five or six years they bought a lot of items for sale in their stores and the items are not selling, okay? They've got goods that are sitting on the shelf for over a year now, and that costs them serious money because basically a lot of it is they're getting the stock on debt.
They're taking out operating loans to buy stock in order to get the stock to then be able to sell to people and to make a profit to pay back the loan, et cetera, et cetera. So even the store owners don't have their own capital at risk. They have the bank's money at risk in this, and they're not moving money fast enough. And so as far as a bank is concerned, they can make money off of a business going broke and collapsing. But only in a healthy business environment can they do that.
If all the businesses are crashing, they're not able to make money on the dissolution of a business. And so even the banks aren't making money now with the state of the local businesses. So now my businesses that I deal with, some of them are starting to have to discount prices on goods that were purchased a while back just to be able to get them off the shelf because they're not selling. And those things that do sell, they have to replace, but they don't have the cash to buy a new item to replace the one that just sold. And if they use their cash to do that, then they can't pay their employees, and they're not able to get as easily, not able to get bank loans to buy stock in order to move it through their store because they've already got a bank loan, and it's on stock that is not moving because the economy has turned around to a negative state and the flow is not in their favor, so to speak.
Right. So it's a real mess. So they need to get rid of this shit that doesn't sell. They need to buy new stuff to replace the items that have sold that they know will sell because there's a demand for them. But they're hamstrung by the debt structure in getting those goods on the shelf and getting the non selling stuff off of their shelves.
And so they're basically going broke really slowly. And it's agony to watch this. A lot of these guys don't have the big enough picture view to understand what's happening to their particular environment and their store and its causes at the larger social level, with the central bank now running into this particular situation. So getting back to Kondrativ, Kondrativ said that we would reach a point that capitalism would reach a point under central banks. Now, capitalism being run on a constitutional money is entirely different, okay?
This is only capitalism as it's structured on fiat currency. That's what Kandrativ said. He said, basically, if capitalism had sound money, if it dealt only in silver and gold, hard species, he called it, it would never collapse because it's the most fundamental economic system on the planet. But based on fiat, it's going to go through this thing that he called the crack up boom. And we're very close to that.
This is why I was thinking Bo Polney is making. He's okay. Anyway, let me tell you about the crack up boom first. Okay, so the crack up boom is a period of time which the central banks are in now where they will do everything they can to accelerate the process of inflation into their money because they're going to be running into deflation as lots of businesses collapse. Lots of loans are paid off or they've just abandoned.
And so the bank has to eat the loan and so on and so on and so on. Right. The banks are right now not able to spend the money to sue people on enforcement of loan contracts. That's a big shock. So if you had a contract and you just walked away from it, they'll do what they can, but they're not going to put a lawyer on you trying to sue you.
Probably they would if it was big money, but anyway, but in general, they can't afford to be proactive that way because of the cost of the attorneys. So the crack up boom is where the central bank has to print money as fast, and they used to print it as cash, but now we're talking digits. But they have to create money, they have to create fiat. They have to create fake purchasing units as fast as they can to keep them circulating because of the degradation of their ability to purchase stuff. And the confidence in the system has dropped to the level where it's just about to totally fail.
And so the confidence in the system is one of the key elements and we're about to cross a threshold in that. Now, the little bits of data I've got would suggest that probably around February 18 or so, we will have some form of a crossing of the confidence level and the fiat currency. And so maybe in the end of February we just get to a move. It won't happen this way. This is just something I'm picking up in order to give an example.
But maybe it'll happen at the end of February that we have vast numbers of people with student loans just walk away from them, just stop making payments. Not that they're forgiven or anything like that, but just people just stop making payments on loans. And it would be something is going to trigger, like in that week in February, it's going to trigger the central bank to go full bore on dropping rates and shoveling money out the door as fast as they can into the banks and hopefully they think into the society and social order at large. Won't happen, but they're going to be desperate and they're going to keep trying it. This is a crack up boom.
So they can, and they will drive the stock market to new highs because they're going to Biden. And the Biden regime is going to mandate that everybody in their control, do everything they can to try and convince the normies that the economy is good.
So really, the crack up boom is them. If we were talking about actual printing, the presses would just go and go and go until it was like Leimayer Republic, and everybody had so much cash that no one wanted anything of it, anymore of it. Now we're going to end up with digits where so many, they'll have so many dollar out there that everybody's just going to be sick of it. Right? So getting back to Bo poly, he had said that on Nino's show.
He was saying, oh, biblical. It's going to be biblical. The end of the year, the crash of the system, it's going to die. It's going to be biblical. Silver is going to go through the roof.
Gold's going to go through the roof. Right? None of that's happened. None of it will happen. None of it will happen the way he thinks he's been wrong on all this shit.
All right?
I know people that are really into money, like seriously into money, and they do things even though they're solid, centrist, normie money guys. They will even follow woo people until they prove to themselves that woo guy is not accurate for their business. What they'll do is they'll say, I don't know about this woo shit, but if that guy is making calls on these kind of cryptos and they turn out, I want to pay attention to him regardless of how he's getting the information, right? Because I want to make that money, too. So this is how these big money guys think.
Anyway. So I know one of these big money guys. I mean, we're talking people that are involved in 100 millions of dollars a year in, quote, investments, which it's all speculation, but that's neither here nor there. Anyway, one of these guys that I know, and I've known him for shit, probably 25 years or more than that, he first contacted me late in the 90s, like 99 or something. Anyway, though, he contacted me a while back and we were chatting.
We'd brought up stuff and I'd said, bo Poly, and he was laughing and he, wait, let me go and get it. But they had a report that his investment firm had contracted, and so they'd contracted with an accountant to go through and watch all the Bo poly videos, make notes of all the dates and the prophecy shit that he had been saying, and then go back and do an analysis, which I thought was really, and I won't go into what the guy said about the accountant. He was making really a lot of funny jokes about Bo in the report here. But in any event though, the end result was that they found that Bo Poly's the accountant. Okay, so the accountant isn't fucking around.
He's not taking a quasi hit, he's not taking, oh, it was know it happened in the same month or anything like that, right? They took Bo Polney's descriptions, they applied them to the calendar, and they went back to see what happened on those days, if anything, and so on. And so the guy I was talking to, the money manager, end of things, not the accountant, but the money manager part of this said that it was one out of 27, but Bo got one right out of every 27 of his prognostications. And I would figure that that would be correct, that it was something on that order. It's far less than chance.
So you're going to be better than Bo just by getting up and deciding to have a financial forecast on how many times your dog licks his butt. Something like that. Right. Because Bo's God, his Elohim God, is not delivering the goods. He's only doing one out of 27.
And so the money managers here are not following Bo Poly. They told me about a couple of other guys that are really fucking good. These guys are not using Elohim gods that they're following. The guys that they're following in the Wu business are using obscure kind of algorithms and this sort of thing. Chartists and that kind of deal.
One that really had their attention is a Chartist that plots money and also, like myself, tracks emotion and language. And he's been pretty good. They're saying it's over 60% of his calls on stuff are exact. And out of the 40%, half of those are pretty close. So it's not quite to the number he projects and that sort of thing.
Right. But it's within this range. So they're very impressed with this guy, and they're following this guy and they bought into his service, et cetera. But they're saying, no, we're not paying money to Bo. One out of 27 is not good enough for us.
He actually figures that if he got one out of ten and he knew that he was going to get nine wrong, he could devise a strategy where that one would pay for the other nine and still produce profit for him. But he said one out of 27, he says no. He said you'd end up having to risk vast quantities of money, hoping that you're on that 27th, one that's actually going to pay off. Right. And so he said it's a net loss.
You're just never going to be able to overcome the ods in this. But that one out of ten, they would work it. And anyway, they're working on a guy now that is getting six out of 1060 percent. So they're pleased, they're quite happy, but they're not happy in general because they know the crack up boom is coming. And the reason I was talking to him was we were talking real estate.
He wanted me to basically give him the benefit of my local knowledge on real estate in Washington state and so on. Not good news for him. There's not going to be a safe haven in earning real estate. So there's real estate properties that earn for you. You could rent out an office to a corporation, that's not going so well.
That's commercial real estate, right? These earning properties are properties that would have resources on them that could be harvest intermittently or were rentals for vacation houses, that kind of thing. That's a different market than commercial real estate. It's not really commercial because it's much more irregular in happenstance. It falls into these categories of earning properties, but it's not as good as a resource property.
Even Resource properties are having their problems because the price on resources is all wonky and the fiat currencies are all fucked up. But in general, resource properties are holding their own in terms of relative value. So I know this because I've got a resource property. I own a little tiny bit of acreage, 48.8 acres. It's timberland.
And so we got some good trees we can harvest, et cetera. But going forward, we'll be able to get some income off of that. But anyway, but the crack up boom is coming. Something is going to hit our financial system around the 18 February, 2024 (+/- 3 days) that week. I just picked that day based on the cluster of data and thereafter, I think it's going to start the process that leads us up to hyperinflation in May, and that by then we'll be into the serious crackup boom.
Now, it makes sense that the timeline that I've been able to see where once your country hits a certain level of hyperinflation, once the people start spending the money as fast as they can get it, once people stop going to take out loans and so forth, the country's got about five months before the government collapses. And so that would make our government collapse. If we hit hyperinflation in May, then we're going to have collapse of the government in October or November. And that'll be the point at which you don't have college professors showing up. That'll be the point at which nobody goes to the schools because they're not getting paid enough to make it worth their while.
I ran into a guy today that is making. He's a kid. He's making $17 an hour and it costs him half of an hour's work in order to buy a fast food lunch. He's a big guy. Of course, fast food is not good for you anyway, and he doesn't want to eat it.
But basically his point was, it's not possible for him to pay for housing and pay for food and pay on any debt he may have at this level of purchasing power with the currency. And so he doesn't know what he's going to do. And it's a real bitch for kids that way. He's got an uncle who lives east of the mountains in the dry side of eastern Washington. And so I was talking to the kid and I told him, hey, you might want to go over to your uncle's place.
He told me where it's located and use that as a base. Stay with him for a while and go out and pan gold, get ahead of the game. And so he's seriously thinking about that. Anyway, I'm back here and I got to put away and do chores and stuff. So crank up.
Boom. I figure is the process of it starts in February. You should maybe see all time highs on stock market shit. Maybe in March. And then it's going to go way downhill real fucking fast as we get into April and May.
And that's to say nothing of the impact of the hyper novelty. Anyway, guys, take care. Talk to you later. I got some stuff coming up. Maybe I can make a video about.