NEW ZEALAND – German-Finnish internet entrepreneur and political activist Kim Dotcom took to Twitter on June 5 where he issued a series of dire predictions of global economic collapse in what said “may be the most important thread I ever make.”
Dotcom, 48, painted a bleak picture as he highlighted the economy of the United States, a country that he claimed was “beyond bankrupt” with massive national debt – currently $30 trillion – with the Federal Reserve merely printing more money to pay for things. The resulting higher inflation – currently 8.3 percent – is squashing the value of the American dollar, and subsequently the world’s reserve currency.
“Nations everywhere hold USD as a secure asset,” Dotcom tweeted. “So when the US Govt prints trillions it’s robbing Americans and the entire world. The biggest theft in history.”
He also spoke on the topic of the so-called “Great Reset” conspiracy theory – in which an authoritarian socialist world government run by powerful capitalists and politicians – and claimed that a “New World Order” will “shift into a new dystopian future where “the elites are the masters of the slaves” and democracy is a thing of the past.
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“You may have heard about the ‘great reset’ or the ‘new world order’. Is 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?” he tweeted. “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’s the end game?”
There is no way to fix this decades-old situation, Dotcom said, before the “mass poverty and a new system of control” comes.
“The problem is that this has been going for decades and there’s now no way to fix it. The reality is that the US has been bankrupt for some time and what’s coming is a nightmare: Mass poverty and a new system of control,” he tweeted. “Remember, the only way the US Government can operate now is by printing more money. Which means hyperinflation is inevitable.”
Dotcom, previously named Kim Schmitz, is the founder and former CEO of the now-defunct file hosting service Megaupload and currently resides in New Zealand. The United States Department of Justice had charged Dotcom in 2012 with criminal copyright infringement, money laundering, racketeering and wire fraud – in addition to seizing the Megaupload website – and he has been fighting extradition to the U.S. ever since.