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"Bankers And Tech Executives Know The Collapse
Of Society Is Coming And Feverishly Prepare For It"
by Epic Economist
"While the general population is too busy working to the bone day after day just to be able to afford to live in an increasingly expensive and chaotic world, banks and tech executives are spending millions upon millions of dollars to quit this mundane narrative and disappear without a trace before a major meltdown begins. Sources confirmed that discussions about the collapse of society have become very popular at Silicon Valley and Wall Street, and as we will show you in this video, having a plan to escape seems to be a new priority among the tech elite as the threat of nuclear conflicts and falling economies continues to rise. Many big names in the financial world are explicitly warning about the real risk of ‘doomsday scenarios’ actually happening in a near future. Ladies and gentlemen, all of this mean that the ultra-wealthy know something that the rest of us don’t, and they are feverishly getting prepared for it.
What possible disruption could be coming for J.P. Morgan Chase’s global head of macro quantitative and derivatives research to publicly warn that the next financial crisis is going to result in social unrest that is unlike anything we’ve ever seen in decades? During an interview with CNBC, Marko Kolanovic alerted that the combination of severe stock market volatility and ineffective central bank actions is likely to provoke the eruption of multiple civil conflicts that could push our society to the brink in no time.
The expert notes that the forces that have transformed markets in the last decade, namely the rise of computerized trading and passive investing, are setting up conditions for brutal moves in the stock market at the end of this cycle. “There will be very rapid, sharp declines in asset values with sharp increases in market volatility,” Kolanovic told CNBC. Prior to 2020, previous flash crashes occurred during a backdrop of a U.S. economic expansion; but the new market hasn’t been tested in the throes of a recession, he highlights.
“Suddenly, every pension fund in the U.S. will be severely underfunded, retail investors will panic and sell, while individuals stop spending,” the banker continued. And the world's wealthiest are among those cautious of a coming calamity. When everything starts to fall apart, it’s safe to say that the elite won’t stick around for the day of reckoning.
According to Forbes’ Jim Dobson, lots of billionaires have private planes "ready to depart at a moment's notice." They also own motorcycles, weaponry, and generators. On top of that, a Bloomberg article makes some additional revelations. The paper reports that over the past two years seven “Silicon Valley entrepreneurs” have purchased survival bunkers from a company in Texas and shipped them to locations in New Zealand, where they’re buried 11 feet underground.
Survival comes at a price. Although these bunkers have been designed to withstand a nuclear blast or nature’s worst, they are a far cry from what most people might expect an underground shelter to look like. There are cinemas, swimming pools with water slides, spas, lounges, gyms, and indoor shooting ranges to keep occupants entertained. Last year, the average asking price for a bunker that could house up to 75 occupants was $4.5 million. So anyone outside the top 1 percent of income earners wouldn’t stand a chance to make it into those facilities.
Unfortunately, the vast majority of us don’t have the money to buy a luxury survival bunker or to fly to New Zealand on a private jet. Money may not be able to buy happiness, but it can buy a pretty good escape plan."
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