$16 Trillion Federal Reserve Lie is Nothing Compared to Gold and Silver Market Manipulation

The financial atrocities committed against Humanity are indeed staggering.We’re talking gazillions. Well, I’M talking gazillions because my brain will only recognize so many zeroes and then it’s just an insane amount of money I can’t quantify.

The scale of the theft and deceit on this planet is almost beyond belief, and we haven’t heard it all yet.  I expect it will be leaking out continually from here on. Talk of retracted articles is a common theme these days as information is leaked and taken back on many subjects and the financial is no different.

It’s best to get your money out of the banks. If you must, use a small, local bank or credit union, but stay away from the large ones because the banksters will use your money at the ‘casino’. 

We have been told purchasing gold and silver is a good idea, but after reading this article… perhaps not. Land might be better. Ever heard of a ‘trust deed’?  ~ BP

GoldandSilverMarket091114

$16 Trillion Federal Reserve Lie is Nothing Compared to Gold and Silver Market Manipulation

By Christina Sarich, NationofChange, August 11, 2014 – http://tinyurl.com/oljm6qk

Given the clubby manipulation efforts we saw in Libor benchmarks, I assume other benchmarks – many other benchmarks – are legit areas of inquiry.” ~ CFTC Commissioner Bart Chilton

The July 2011 audit by the Government Accountability Office of the Federal Reserve exposed one of the biggest lies the US has ever been told – that the Fed had secretly given out $16,000,000,000,000.00 to US banks, corporations and foreign financial institutions everywhere from France to Scotland, but this incredible exposed deceit is nothing compared to what is coming out now about the manipulation of gold and precious metal markets.

The prevarications of cabalistic bankers and their puppeteers are like the teeth of a viperfish. Though the creature looks pretty horrific, they only grow to about 12 inches long, and they like to stay deep in murky waters to avoid detection.

Sure, those prehistoric-looking jaws are scary, but only as long as you stay ill-informed. However, if you were hoping to ride unscathed through the supposed looming Global Currency Reset or Revaluation (GCR), by purchasing gold and silver, think again.

Though the Feds called the secret $16-trillion-dollar bank bailout an ‘all-inclusive loan program’ it was nothing more than a heist. The same as the gold, silver, platinum, and other precious metal market tinkering happening right under our noses, today. These markets are manipulated in order to line the pockets of big financial institutions – who were already bailed out by Cabal money. It’s the continuation of legacy of giving ‘the entitled’ more entitlement.

This manipulation is evidenced in a number of ways. During the nearly 5,000 years in which humanity has been mining/refining gold and silver; the gold/silver price ratio has averaged roughly 15:1. Yet currently (and through all the recent decades of silver manipulation) this ratio has been depressed to 50:1 (or lower).

Christopher Pia, a hedge-fund trader with Moore Capital has just been fined $1 million in a market manipulation of precious metals settlement but his previous fines loomed larger. He paid a $25 million fine to settle separate CFTC claims of attempted manipulation and supervisory violations in April 2010 without admitting or denying the allegations. He is just a small shark in the big ocean, too. If these were just his fines settled out of court, you can imagine the total dollar value of the markets he machinated.

Additionally, China’s Chief Auditor has identified $15.2 billion in loans backed by falsified gold, according to the National Audit Office’s website.  It has been estimated that upwards of $80 Billion was advanced in gold backed loans alone, according to Goldman Sachs, as quoted in a Bloomberg article today.

Furthermore, Financial Times removed an article from its site recently that exposed gold market manipulation because it was too ‘sensitive.’ You can see a preserved copy of the article here. The article attests that gold prices were manipulated 50% of the time between 2010 and 2013.

“The findings come amid a probe by German and UK regulators into alleged manipulation of the gold price, which is set twice a day by Deutsche Bank, HSBC [a New York based corporate bank], Barclays, Bank of Nova Scotia, and Societe Generalein a process known as the London gold fixing.”

Let me back up and give just a little history about the players in the ‘investigation’ of market manipulation. The cabal is divided into smaller groups, but they all work together, until their piece of the pie is threatened. The Four Horsemen of Banking include the Bank of America, JP Morgan Chase, Citigroup and Wells Fargo who own the Four Horsemen of Oil: Exxon Mobil, Royal Dutch/Shell, BP Amoco and Chevron Texaco; in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch.

According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.

Many mainstream publications try to minimize investor worries about gold and silver price-fixing by saying that there is no evidence that gold prices are rigged, but you’d have to be a pretty dull knife to buy that fabrication.

As the Financial Times article clearly outlined in their retracted article:

“Research found the gold price frequently climbs (or falls) once a twice-daily conference call between the five banks begins, peaks (or troughs) almost exactly as the call ends and then experiences a sharp reversal, a pattern it alleged may be evidence of “collusive behaviour”.

“[This] is indicative of panel banks pushing the gold price upwards on the basis of a strategy that was likely predetermined before the start of the call in order to benefit their existing positions or pending orders.

“The behaviour of the gold price is very suspicious in 50 per cent of cases. This is not something you would expect to see if you take into account normal market factors.”

In fact, Britain’s Barclay’s bank was recently slapped with a $44 million dollar fine for gold price fixing ( a mere slap on the hand), and as Rolling Stone writer Matt Taibi has said, “The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There’s no price the big banks can’t fix.”

So whether its interest rate swapping, libor fixing, or the manipulation of gold and silver, its all fair game to the Four Horsemen. So are we to believe these goons, represented by some ‘anonymous party’ when they say that they want to change the process of how they value metals?

“The proposal is for an independent chairman and third-party administrator, said the people, who asked not to be identified because the information is private. Deutsche Bank AG’s exit from the process this year as it scales back its commodities business left Societe Generale SA, Bank of Nova Scotia, HSBC Holdings Plc and Barclays Plc to set the fixing price twice a day by phone.”

This, as the World Gold Council (WGC) hosted a meeting on July 7 attended by 34 delegates including producers, refiners, central banks and exchanges, and who discussed the gold benchmark. They unanimously want an independent party to administer the rate as well as improve transparency.

Good luck with that, WGC, it’s like asking for the Easter Bunny to prove that Santa Clause exists. As long as the cabal is allowed to continue its machinations, no trading is sacred.

Source

 

132 Nations Want Out of the Corrupt Cabal Banking System

Thanks, Patrick!

It’s hard to believe, as a member of the alternative news community, that the cabal is still a ‘secret’ to many isn’t it? Fortunately, positive arms of global governments know exactly what’s been happening and are ready to DO something about it.

How are the masses going to feel when they learn the shadow government of  the ‘mightiest nation in the world’ murdered and stole from millions of people?  ~ BP

Article image

The secret cabal’s control over international markets is becoming less of a mystery as increasing numbers of markets reveal themselves so obviously to be fixed.

5 May 2014

Just in case you haven’t been keeping up with the ‘tin-foil’ hat conspiracies, increasingly proven to be true, the Federal Reserve Bank of New York, is the center of a secret global economy that has bailed out American International Group Inc., huge insurance companies like AIG, Goldman Sachs Group Inc., Merrill Lynch & Co., J.P. Morgan, Societe Generale and Deutsche Bank AG, among others.

The secret cabal’s control over international markets is becoming less of a mystery as increasing numbers of markets reveal themselves so obviously to be fixed. The cabal cheats the 99 percent with LIBOR interest rates, foreign exchanges, and gold, silver, and platinum price fixing. Then there’s high-frequency trading (HFT), where Wall Street banks use supercomputers to monitor incoming stock market orders, analyze their likely impact on prices, and place orders ahead of those trades to capture a bit of the price impact, called ‘stealing’ if it were properly named.

HFT data helps to explain the frenzy in today’s markets: The most aggressive firms tend to earn the biggest profits, hence the incentive to trade as quickly and as often as possible. Furthermore, these traders make their money at the expense of everyone else, including less-aggressive high-frequency traders. It is simply the latest and greatest scam on stock holders looking for real value in a company, thinking they can compete with the big guys.

Just a few weeks ago, 132 nations decided they’ve had enough of the ‘secret’ money jig we’ve all been dancing to. One of the largest coalitions of developing nations in history has urged Secretary-General of the United Nations Ban Ki-moon, to provide, “as soon as possible…alternative options for banking services.” 132 countries, including China are done with the funny money scheme.

This comes on the heels of a mass cancellation of bank accounts in U.N. missions and those of foreign US diplomats. The G77 urges the secretary-general to review the “U.N. Secretariat’s financial relations with the JP Morgan Chase Bank and consider alternatives to such financial institutions and to report thereon, along with the information requested.”

JP Morgan is the left arm of the cabal, along with other ‘big banks’ who were benefactors of billions in our tax money. They have shorted silveralong with Citibank to increase their physical silver holdings by 500%. They are also the ‘big bank,’ along with Chase that failed to stop Ponzi-schemer Bernard Madoff. Why do that? He was cut from the same clothe as their top executives.

JPMorgan Chase & Co CEO Jamie Dimon pleaded with and complained to the U.S. Justice Department a few years back but couldn’t convince the government to end its criminal probe of his bank because prosecutors couldn’t figure out just how crooked this banking system really was.

Banks like these helped crash our economies, and they are trying to do the same now, so that they can profit from it.

Read the rest of the article…

 

 

Following a Wave of Banker Suicides, 3 Former Barclays Bankers Now Charged in LIBOR Scandal [video]

Finally!!! Bankster arrests and prosecutions as Barclays steps into the ring.

And it appears that the last JP Morgan exec to die in Hong Kong may have been an actual suicide. See the video below. I guess we could say he lived the way he chose, and died the way he chose. ~ BP

Melissa Melton | Activistpost | Feb 19th 2014

jpmorgan_man on ledge

Three former Barclays bank employees have now been charged with “conspiracy to defraud” in the continuing LIBOR scandal, bringing the total to 13 people charged in America and the U.K. It has been reported that three ex-ICAP brokers are next on the list for helping traders manipulate interest rates.

Three former Barclays bankers have been charged “in connection with the manipulation of Libor” interest rates, the Serious Fraud Office said.

The SFO alleges the three – Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas – “conspired to defraud between 1 June 2005 and 31 August 2007″.

They will appear at Westminster Magistrates court at a date to be confirmed. (source)

LIBOR is an interbank benchmark used to set the interest rates on trillions in loans all over the world.

The investigation into LIBOR’s deliberate manipulation began in 2008, and it has come to light that traders at various banks all over the world have benefited financially from turning in false interest rate reports since.

Thus far, Barclays and other mega banks including JP Morgan Chase, Citigroup, UBS, Deutsche Bank and the Royal Bank of Scotland have been forced to pay billions in regard to rigging interest rates.

The Wall Street Journal is also reporting that authorities in the United States, United Kingdom and EU are currently investigating a group of traders from various banks for manipulating Euribor, the euro interbank interest rate, as well.

The news comes on the heels of a rash of banker suicides.

Jan. 26, 2014
William Broeksmit, 58-year-old retired Deutsche Bank senior manager with close ties to co-chief exec. Anshu Jain, was found hanging dead at his home in London. It was reported as an apparent suicide. Police quickly declared that Broeksmit’s death was not suspicious.

Jan. 28, 2014
Two days later Gabriel Magee, 39, reportedly leapt to his death from the 33rd story of JP Morgan’s European headquarters in London sometime around 8 a.m. Magee was the bank’s VP in CIB Technology. His death was also quickly ruled “non-suspicious”. There was no indication Magee was going to kill himself at all. In fact, Magee’s girlfriend had received an email from him the night before saying he was finishing up work and would be home soon.

The London Coroner’s Office is set to hold a formal inquest into Magee’s death, but not until May 15th.

Jan. 29, 2014
Chief Economist at Russell Investments, 50-year-old Mike Dueker, was reported missing on Jan. 29. He was found dead off the side of a highway leading to Tacoma Narrows Bridge in Washington. A Pierce County detective said he may have jumped over a four-foot fence and fallen some 40-to-50 feet down an embankment in another apparent suicide. Although the detective maintained Dueker was having trouble at work, a Russell spokeswoman said Dueker was in good standing.

Dueker, a prior assistant VP and research economist for the St. Louis branch of the Federal Reserve Bank, had worked at Russell for five years, during which time he developed a business-cycle index that forecast economic performance.

Feb. 3, 2014
Ryan Crane, a 37-year-old JP Morgan trading exec., was found dead in his Stamford, Connecticut home. He was an executive director, a rank above vice president, in the bank’s Americas Program Trading group. Cause of death is awaiting determination via toxicology report.

Feb. 4, 2014
57-year-old Richard Talley, former investment banker at Drexel Burnham Lambert and founder of Centennial, Colorado-based American Title Services, was found dead in his garage with eight nail gun wounds to his torso and head. They were reportedly “self-inflicted”. His company was under investigation at the time of his death.

Just last month, JP Morgan Chase, America’s biggest bank, admitted wrongdoing and was fined $461 million for willfully violating the Bank Secrecy Act in relation to Bernie Madoff’s multi-billion dollar Ponzi scheme. “When JPMorgan suspected Mr. Madoff’s fraud, it focused on its own investment exposure and saved itself approximately $250 million. If it had given the same attention to its anti-money laundering responsibilities, it could have saved itself $2 billion, and potentially saved thousands of other fraud victims untold misery and loss,” stated Financial Crimes Enforcement Network Director Jennifer Shasky Calvery.

JP Morgan also owns over 60% of the total notional of all US gold derivatives ($108.2 billion).

While all these instances could be entirely unrelated in any way, others are wondering if the heat intensifying in the LIBOR scandal, the hint at other major interest rate scandals, and the rash of recent banker suicides is suggesting a bigger global financial implosion to come.

Melissa Melton is a writer, researcher, and analyst for The Daily Sheeple, where this first appeared, and a co-creator of Truthstream Media. Wake the flock up!

More from Activistpost

Another JP Morgan Banker committed suicide over the weekend.  Watch this video for the latest update:

Bankster Update: Banksters Recently Arrested, Soon to Be, or Gunned Down [videos]

Thanks to Idaho Picker! (Logic Before Authority channel)  Woo-hoo!  What goes around comes around, and he says in the coming weeks there will be many more.

Now is not a good time to be a banker. We saw a rash of jumpers last summer and I wouldn’t be surprised to see another slew of those as I doubt if they’ll like the alternative.

Uploaded Aug 22, 2013 (the video Idaho Picker mentions in the video above)

Parading them in handcuffs through The Hague? I love it!  And did you notice at the 5:20 mark Tony Robinson says, “It’s almost like they’re not human”?

Some Say the Worldwide Bank Crash has Commenced

dominoes  photo: dominoes dominoes.jpg

The hysteria is building, and some say the collapse has begun. Has it? Is this the first domino?

There is no way to salvage the astronomical debt and bankruptcy sustained by the banks “too big to fail”. They’ve all been foreclosed on, and they know it. The lamestream media has not been granted permission to advertise that fact, but we know it to be true.

We also know that the collapse will be affected to some degree by what the White Knights are doing toward the global financial reset just below the surface, so therefore we view it through a unique lens. Not everyone sees it as we do.

Read what you like into the warnings. Whatever happens, we’ll come out just fine on the other side—in fact, better than fine.

Before we can build a new world, we must tear down the old, and it’s crumbling fast. Demolition may already be in progress but we are the architects of our collective future and our Golden Age. Architects—not victims.

We’ve already drawn up the plans, they’ve been approved by the Divine planning commission and all the raw materials and master builders are in place to construct a most glorious life; a life beyond the wildest dreams of most.

For those of us who have seen the artist’s rendering of our new life, it can’t come soon enough. Let’s get this party started.

Earlier this year, the HSBC had a boost in the sale of its card and ...The Worldwide Bank Crash has Commenced

August 4, 2013

HSBC, the biggest British bank and second biggest company on the British Stock Exchange (FTSE 100 Index) with a capitalisation of 102,7 billion British pounds on July 6, 2012, is obviously bankrupt.

This is the beginning of the worldwide financial collapse that will start with a bank crash and closure of all major banks worldwide in August 2013 as predicted by myself in a series of articles on the final ascension scenario, the latest one as of yesterday:

http://www.stankovuniversallaw.com/2013/08/update-evil-doers-power/

Before you can truly realize the scope of this stunning news, just issued by BBC, please observe that the motto of this huge international bank conglomerate on its official Internet website http://www.hsbc.com/ is:

Connecting Customers to Opportunities

Only recently, Stuart Gulliver, HSBC Group Chief Executive, discussed the Group’s performance for the first quarter 2013 as follows:

“We have had a good start to the year, with growth in reported and underlying profit before tax.”

This same bank has been involved in the last decades in virtually every possible major scandal, crime and fraud in the banking sector that one can conceive  – from rigging LIBOR interest rates, laundering mafia and narco traffic dollars from all over the world, and especially from South and Central America, but also Asia, to insider trading, tax evasion, etc., etc. It is the classical Orion bank of the British ruling Reptilian elite around the Rothschild family and its true name is  ”High Society British Crime” bank.

What this bank has just done, is without a precedent in the banking history: HSBC has announced that it has decided to close without any previous warning the bank accounts of forty major diplomatic missions and embassies worldwide, including the Vatican, without giving any explanation for this unique move. Thus, this bank has practically disconnected its clients from the financial system in an blatant contradiction to its company motto.

This haphazard decision may explain why the US government decided to close all their embassies in the Arab world and elsewhere and not because of alleged terror danger.

Only on May 15, 2013  the HSBC group announced a massive cut of 14 000 jobs contrary to the optimistic statements of its CEO about the future perspective of this Orion bank.

The official British-Orion channel BBC must have been so overwhelmed by this news that it was unable to hide its perplexion about the dreadful fall of the first domino piece in the financial sector that will lead to a cascade of huge bank collapses in the coming days. This is the beginning of the end of the Orion monetary system and the first palpable sign for the imminent coming of the MPR, the ID Split and the detonation of the PAT supernova

___________________________________________

Havoc as HSBC Prepares to Close Diplomatic Accounts, 

BBC, August 4, 2013

HSBC bank has reportedly asked more than 40 diplomatic missions to close their accounts as part of a programme to reduce business risks.

The Vatican’s ambassadorial office in Britain, the Apostolic Nunciature, is among those said to be affected.

The head of the UK’s Consular Corps told the Mail on Sunday the decision has created “havoc”.

The Foreign Office has been in touch with HSBC, stepping in to help diplomats open other bank accounts.

HSBC said embassies were subject to the same assessments as its other business customers. They need to satisfy five criteria – international connectivity, economic development, profitability, cost efficiency and liquidity.

A spokesman said: “HSBC has been applying a rolling programme of “five filter” assessments to all its businesses since May 2011, and our services for embassies are no exception.

We do not comment on individual customer relationships.”

The Mail on Sunday reported that the High Commission of Papua New Guinea and the Honorary Consulate of Benin have also been asked to move their accounts within 60 days.

Bernard Silver, head of the Consular Corps, which represents consuls in the UK, told the paper: “HSBC’s decision has created havoc.

“Embassies and consulates desperately need a bank, not just to take in money for visas and passports but to pay staff wages, rent bills, even the congestion charge.

John Belavu, minister at the Papua New Guinea High Commission, said: “We’ve been banking with HSBC for 22 years and for them to throw us off in this way was a bombshell.”

Lawrence Landau, honorary consul of Benin, told the paper his mission had been having trouble finding a new bank.

He said: “We have been trying everyone but all the UK banks are clamming up.” (This is the actual key news.  ~ George)

Suspicious accounts

Embassies are treated like business customers by banks as they generally use services like cash and payroll management and can take out loans.

They also have to pay for ambassadorial accommodation and costs such as school fees for the children of diplomats – expenses that are difficult to meet without a valid UK bank account.

They are sometimes considered to be at risk of money laundering activities because of their political exposure and banks have been warned in the past for failing to flag up suspicious accounts.

The Riggs National Bank in Washington was fined and later sold off after a 2004 US Senate report revealed executives in its embassy business had helped Chilean dictator Augusto Pinochet hide millions of dollars.

HSBC was fined $1.92bn (£1.26bn) by US authorities last year after it was blamed for alleged money laundering activities said to have been conducted through its Latin American operations by drug cartels.

The bank admitted at the time that it had failed to effectively counter money laundering.

Source

World Bank Whistleblower: All Currency is on the Brink of Collapse [audio]

World Bank Whistleblower: All Currency Is On The Brink Of CollapseKaren Hudes has been making the rounds with interviews lately and telling the world what’s going on behind the scenes. Her interview with Kerry Cassidy of Project Camelot follows the article.

This post also contains a reference about all debt being forgiven. It’s coming, folks. The new financial system is taking shape in silence and at the perfect time, will almost seamlessly morph into our new, fair, monetary system as a “Financial Reset”. The banksters—everywhere— are going down.

Be aware, be prepared, and don’t panic. It’s been planned for decades. Life is just about to get very, very good. This is a game-changer.

As far as we know, the financial reset will take place at the time of The Event, and we don’t yet know when that will be. We won’t have much notice, if any, so keep some small bills stashed away for when the ATMs don’t work and the banks close for a couple of days.

karenhudes__2_August 1, 2013

World Bank Whistleblower and lawyer, Karen Hudes, affirmed that ALL paper currency is on the brink of complete collapse, as world leaders are scrambling to make the transition into a new currency as smoothly and quickly as possible.

Hudes made these statements during an interview with Project Camelot’s Kerry Cassidy.

After working for 20 years in the legal department for the World Bank, Hudes decided to blow the whistle after discovering numerous cover-ups along with a nefarious plot culminating in World War III.

One of her discoveries involves the manipulation of the stock market. “The entire stock market is totally gamed because what they have done is they have taken the same directors (of the groups that have dominated the stock market) and they have put them on the board.  So that’s how you had this collusion on the LIBOR interest rate.”

Since blowing the whistle on the World Bank. Hudes affirmed that those in control of the World Bank, board members of the stock exchange and the Federal Reserve have been in panic mode in recent days.

“This system only thrives in secret and the cat is out of the bag.  At the moment, they are scurrying around like cockroaches.”

Hudes information comes right after an astonishing revelation by Fortune 500 businessman, Bix Weir, who stated all debts will be forgiven as world leaders are scrambling to put together an asset-based currency.

see All Debt To Be Erased Within The Next Few Months

Those who control the money are trying to start World War III, according to Hudes, because the banksters always win during times of war.  She added their main plot is to keep us in subservience.

Despite these plans, Hudes stated that she has spoken to major shareholders who do not want to have World War III and are in favor of rule of law.

Those who have been responsible for crimes against humanity will inevitably be held accountable for their actions.

“We are talking about the World Bank whistleblowers walking right back into the World Bank and we are talking about all of the information that we have been used to hold the people who have been holding the world hostage… holding THEM accountable.”

Cassidy asked, “How close do you think you are at this point?”

Hudes: “We are so close, Kerry.  We are just days away if less, because we also have a deadline. There’s something called permanent gold degradation.  That is that all of this paper currency that these bankers have been churning out and the people have to pay interest on rather than their treasury issuing the currency… people are losing confidence in this currency (ALL currency).”

In regard to precious metals such as gold and silver, Hudes stated that soon, you won’t be able to buy them because the paper currency will be worthless.  “People are starting to horde gold because they are afraid that the paper money, the fiat money is worthless.  At a certain point, you will not be able to buy any gold at any price using fiat currency.”

In order to overcome the current financial system, Hudes recommends that we need a currency that is back by precious metals or some other valuable commodity along with a systematic way of retiring the current fiat paper.

One concern is doing this in a way that does not cause panic.

The major player in all of this is the Vatican and more specifically, the Jesuits.

“The Vatican is the crown and the IRS money is flowing to them. It’s an unholy alliance.  At this point, we’ve kicked them out… they’re scrambling.  They have lost.  They are not in control.”  To be World Bank Whistleblower: All Currency Is On The Brink Of Collapsemore specific,. the Vatican doesn’t own the Bank of America, the Jesuits do, according to Hudes.

To Hudes understanding, the corporation of each state and Washington DC have been dissolved, as virtually all IRS revenue had been going to the Vatican with a small amount going to the Bank Of England, while none of it went towards the running of the United States.

Hudes expects that there will be more and more state banks with asset-based currencies which will swiftly put an end to the current fiat currency in the United States while the US Treasury will once again start issuing US Dollars instead of the Federal Reserve, adding, “The Fed’s days are really numbered.  All of this is going to going forward very, very quickly.  We’re also going to have to think about how are we going to be retiring these banks.  We have to find ways to smooth the transition.”

As stated previously on In5D, whether or not the banking collapse happens in the near future remains to be seen.  What we already know is that our current system is unsustainable and its collapse is inevitable.  It’s only a matter of time.