![\"Kim](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/06\/dot7.jpg\")
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On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it \u201cmay be the most important thread\u201d he ever makes concerning a major global collapse. In the thread, Dotcom specifically highlights the American economy and he claims the \u201cU.S. is beyond bankrupt.\u201d Dotcom also talked about the \u201cGreat Reset\u201d topic and how a \u201cNew World Order\u201d aims to \u201cshift into a new dystopian future where the elites are the masters of the slaves without the cosmetics of democracy.\u201d<\/strong>\n<\/p>\n \n \u201cThe United States did not have a surplus or a balanced budget since 2001,\u201d Dotcom wrote<\/a>. \u201cIn the last 50 years, the U.S. only had [four] years of profit. In fact, all the profit the U.S. had would not be enough to pay for [six] months of the current yearly deficit. So how did the U.S. pay for things? U.S. spending and debt have spiraled out of control and the [government] can only raise the money it needs by printing it.\u201d While sharing an image of the Fed\u2019s M1 money supply chart, Dotcom continued<\/a>:\n<\/p>\n That causes inflation. It\u2019s like taxing you extra because you pay more for the things you need and all your assets decline in value.<\/p>\n<\/blockquote>\n \n<\/p>\n \n Gold bug and economist Peter Schiff has warned<\/a> his followers that the economic downturn in the United States \u201cwill be much worse than the \u2018Great Recession.\u2019\u201d The digital entrepreneur Dotcom has similar views and in the thread, he claims the U.S. is bankrupt by breaking down the country\u2019s debt and the Fed\u2019s monetary expansion.<\/p>\n Dotcom stressed that the reason the U.S. has been able to get away with being bankrupt for so long is because the U.S. dollar is the world\u2019s reserve currency<\/a>. \u201cNations everywhere hold USD as a secure asset,\u201d Dotcom said<\/a>. \u201cSo when the U.S. [government] prints trillions it\u2019s robbing Americans and the entire world. The biggest theft in history.\u201d<\/p>\n He further added that the problem is it has been going on for decades and in the end, it will lead to \u201cmass poverty and a new system of control.\u201d Dotcom continued to prove that \u201cthis isn\u2019t just doom and gloom talk\u201d by doing the math tied to America\u2019s unfunded liabilities<\/a> and the total value of the country\u2019s assets.<\/p>\n Dotcom said that even if the U.S. could sell all of its assets at current market rates, it would still be broke. \u201cThe U.S. is beyond bankrupt \u2014 This patient is already dead \u2014 This patient is now a zombie,\u201d he opined<\/a>. After explaining how broke he believes the country is today, Dotcom wrote<\/a> about why he thinks reality won\u2019t change and a \u201ccollapse is inevitable and coming.\u201d Following that statement, Dotcom spoke about the \u2018Great Reset\u2019 theory<\/a>, a subject<\/a> covered by Bitcoin.com News in great detail<\/a>.<\/p>\n \u201cYou may have heard about the \u2018Great Reset\u2019 or the \u2018New World Order,\u2019\u201d Dotcom remarked<\/a>. \u201cIs it a controlled demolition of the global markets, economies, and the world as we know it? A shift into a new dystopian future where the elites are the masters of the slaves without the cosmetics of democracy?\u201d Dotcom concludes his Twitter thread by stating<\/a>:\n<\/p>\n Without a controlled demolition the world will collapse for all, including the elites. The world has changed so much and nothing seems to make sense anymore, the blatant corruption is out in the open, the obvious propaganda media, the erosion of our rights. What\u2019s the end game?<\/p>\n<\/blockquote>\n \nKim Dotcom Dissects the American Economy, Says US Government \u2018Spending and Debt Have Spiraled Out of Control\u2019<\/h2>\n
\nOn Sunday, the digital entrepreneur Kim Dotcom<\/a> took to Twitter in order to discuss a major global collapse. In recent times, Dotcom has not been very optimistic<\/a> about the global economy and in the Twitter thread<\/a> he published this weekend, those beliefs are further described. In the thread, Dotcom explains what he believes is being planned by the global elite and he specifically dissects the U.S. economy.<\/p>\n\n
Dotcom Warns About \u2018Mass Poverty and a New System of Control\u2019<\/h2>\n
\nThe former CEO of the now-defunct file hosting service Megaupload, is not the only one predicting rough times ahead, as Tesla\u2019s Elon Musk said<\/a> he has a \u201csuper bad feeling\u201d about the U.S. economy, and JPMorgan CEO Jamie Dimon recently warned<\/a> about the possibility of an incoming economic hurricane. Trends forecaster Gerald Celente recently explained<\/a> that if war continues in Europe, the odds of a recession increase.<\/p>\n\n
\nThe \u2018Great Reset\u2019 subject has been called a \u2018conspiracy theory<\/a>\u2019 by mainstream media, as some believe it is a plot to deploy a totalitarian one-world government agenda<\/a>, often referred to as the \u2018New World Order.\u2019 It is believed that specific global crises like Covid-19<\/a>, the Ukraine-Russia war, climate change<\/a>, and many other subjects are being used to establish a new dystopian future. Others believe that the while the \u2018Great Reset\u2019 is real and despite the theories, it is the path to a sustainable recovery from events like Covid-19 and what environmental activists call a climate change crisis.<\/p>\n