1 00:00:00,240 --> 00:00:04,580 I seriously do not feel like making this video, as I have potentially much to lose. 2 00:00:05,140 --> 00:00:09,800 However, the overwhelming feeling of regret that I'd have by not saying this would be far worse. 3 00:00:10,300 --> 00:00:13,220 And by the way, I'm filming this on June 11th, 2022. 4 00:00:14,200 --> 00:00:20,820 So mark my words, the complete collapse of the U.S. dollar and the global economy as a whole is now imminent. 5 00:00:21,400 --> 00:00:24,060 And this is going to affect absolutely everyone. 6 00:00:24,320 --> 00:00:27,580 Whether you're currently poor or rich, this will affect you. 7 00:00:27,580 --> 00:00:32,120 However, it will affect some people far sooner and more dramatically than others. 8 00:00:32,680 --> 00:00:37,520 And the good news is that by hearing this and understanding what's coming will give you time to prepare. 9 00:00:37,880 --> 00:00:41,960 Now, two weeks ago on May 27th, I made a video on this topic. 10 00:00:42,060 --> 00:00:52,860 However, this video is going to lay out several pieces of item evidence that will show you exactly why this is happening, what reason, and what you can do to prepare. 11 00:00:53,060 --> 00:00:55,280 And later in this video, I will give you my best advice. 12 00:00:55,280 --> 00:01:00,360 Now, some people will say, oh, you're fear-mongering, you're causing panic. 13 00:01:00,680 --> 00:01:03,360 No, I'll have something to say about that later in the video, too. 14 00:01:03,460 --> 00:01:05,240 But let me just dive into this. 15 00:01:05,480 --> 00:01:12,480 Like I said two weeks ago, the cost of literally everything is not only going up, but it's about to skyrocket. 16 00:01:12,480 --> 00:01:18,520 And I regret to say that in just the last two weeks, the evidence of this has become more and more apparent. 17 00:01:19,200 --> 00:01:29,660 Food, fuel, and subsequently everything under the sun will cost more and will continue to rise in the weeks, months, and probably the next two years to come. 18 00:01:29,660 --> 00:01:35,480 Inflation is at the highest it's been in 40 years, and that is just the beginning. 19 00:01:35,920 --> 00:01:41,880 Inflation from here on out is going to dramatically increase as the value of the dollar continues to diminish. 20 00:01:42,580 --> 00:01:45,740 One of the reasons for this is the cost of fuel. 21 00:01:45,740 --> 00:01:54,540 Everything that we purchase in our lives is coming from something that operates on fossil fuels, whether it be a truck, train, or airplane. 22 00:01:55,060 --> 00:01:58,360 As the cost of fuel goes up, so does everything else. 23 00:01:58,980 --> 00:02:04,680 One of the reasons why the cost of fuel is going up is because of the canceled pipelines here in the United States. 24 00:02:04,680 --> 00:02:12,440 I made a point in my prior video mentioning the Keystone Pipeline is just one example, and some people unfortunately focus on that to say, 25 00:02:12,560 --> 00:02:16,180 well, hey, the Keystone Pipeline is not yet finished, and that has not affected anything. 26 00:02:16,540 --> 00:02:24,780 But the point that I was making, or should have specified better, is that many pipelines that were active have now been canceled and leases for them nullified. 27 00:02:25,460 --> 00:02:34,220 This has never been done, and we went from pumping oil from under our very feet to now trying to purchase it from countries on the complete opposite side of the world. 28 00:02:34,220 --> 00:02:37,100 Which is thus further increasing the cost of fuel. 29 00:02:37,840 --> 00:02:47,820 Unfortunately, this is totally by design, and the fallout of this would have been known by the experts in this industry, in the field, and those who had the positions of power to do so. 30 00:02:48,320 --> 00:02:57,000 Now, another key factor that's causing the inflation and cost of everything to go up is the fact that we've been printing trillions and trillions of dollars in just the last few years. 31 00:02:57,220 --> 00:03:01,260 Now, printing money in itself does not just inherently cause inflation. 32 00:03:01,260 --> 00:03:09,140 However, when you print money in the form of stimulus checks and send it out to the masses in the economy to be spent, that does cause inflation. 33 00:03:09,780 --> 00:03:18,320 And if you look here, between 2010 to 2015, we printed approximately $1 trillion, which, by the way, is a ton of money. 34 00:03:18,940 --> 00:03:21,780 However, in the last year, we printed $3 trillion. 35 00:03:21,780 --> 00:03:27,720 I'll say that again, $1 trillion over five years compared to $3 trillion in one year. 36 00:03:28,160 --> 00:03:32,880 This, in itself, is catastrophic for the value of the dollar and collapsing it. 37 00:03:32,880 --> 00:03:42,200 Now, that being said, because of the cost of everything going up, whether it's because of the cost of fuel and the fallout from that, and whether it's the printing of money and the fallout from that, 38 00:03:42,800 --> 00:03:49,580 now that things are costing more money than ever, people are now spending less, and when they do spend, they're using their credit cards. 39 00:03:49,580 --> 00:03:55,840 Hence, why the consumer credit usage and debt is at the highest ever and will continue to go up. 40 00:03:56,300 --> 00:04:01,900 Because, again, if people can't afford to use their debit cards to purchase things, they're going to use their credit cards. 41 00:04:02,340 --> 00:04:04,460 And the numbers are already showing this. 42 00:04:04,840 --> 00:04:06,400 This will continue to rise. 43 00:04:06,400 --> 00:04:11,020 Now, because people are spending less, because, again, cost of everything has gone up, 44 00:04:11,440 --> 00:04:17,540 we're now seeing that retailers, whether it be Walmart, Target, Amazon, their inventories are now too high, 45 00:04:17,760 --> 00:04:20,160 and so they are now trying to offload their inventory. 46 00:04:20,160 --> 00:04:26,780 Because you may not be aware that when a company has something on their shelves, they have to pay taxes on it. 47 00:04:26,980 --> 00:04:30,640 Which is why, if you ever wonder when you go to the store or something, you're like, why do they run out of this? 48 00:04:30,680 --> 00:04:31,500 Why don't they just buy more? 49 00:04:31,500 --> 00:04:36,620 Well, it's because they want to have a precise amount on hand in order to avoid paying the taxes on it. 50 00:04:37,260 --> 00:04:42,720 So, now that people are spending less, these retailers are trying to offload the product, their inventory. 51 00:04:43,120 --> 00:04:45,840 And the media is spinning this like, oh, that's a good thing. 52 00:04:45,900 --> 00:04:47,560 You can now get things at a discount. 53 00:04:48,280 --> 00:04:53,320 However, that is perhaps the most short-sighted way imaginable to interpret this. 54 00:04:53,720 --> 00:05:01,160 Because as these big box retailers dump their products, it will then have a supply and demand fallout, 55 00:05:01,160 --> 00:05:05,300 which is that over time, as you're trying to buy these same products that they have less of, 56 00:05:05,580 --> 00:05:08,000 the cost of that will continue to go up as well. 57 00:05:08,460 --> 00:05:11,480 And now that people are purchasing less because everything costs more, 58 00:05:11,840 --> 00:05:16,980 you're seeing the evidence of that with the reduced shipping container rates and now that they're plummeting. 59 00:05:17,480 --> 00:05:20,920 In early 2020, during the crisis, all of that went up. 60 00:05:20,980 --> 00:05:24,700 But now that you're seeing here, recently, it is now collapsing. 61 00:05:24,700 --> 00:05:30,100 That right there is indicative of the very fact that people are now spending less. 62 00:05:30,320 --> 00:05:33,960 And they are, of course, spending less because things are more expensive. 63 00:05:34,200 --> 00:05:35,340 This is like a domino effect. 64 00:05:35,440 --> 00:05:36,620 It carries over everywhere. 65 00:05:37,620 --> 00:05:42,000 Now, one of the more alarming things that I've came across in the last couple days 66 00:05:42,000 --> 00:05:48,160 is the fact that big tech industry corporations are now rescinding their job offers. 67 00:05:48,160 --> 00:05:51,900 This right here is a massive red flag. 68 00:05:52,360 --> 00:05:53,340 So here's what happened. 69 00:05:53,460 --> 00:05:57,320 You have people that have accepted a job offer, put in their notice, 70 00:05:57,840 --> 00:06:00,980 and right before they're about to start their new position that they're all excited about, 71 00:06:01,480 --> 00:06:02,980 the job offer was rescinded. 72 00:06:03,040 --> 00:06:05,600 And this is happening to thousands and thousands of people. 73 00:06:06,040 --> 00:06:11,440 And this is going to carry over into other industries as well and far sooner than you think. 74 00:06:11,920 --> 00:06:15,200 This is not just indicative of a so-called recession. 75 00:06:15,200 --> 00:06:21,480 This and everything else I've already mentioned is indicative of what will become an absolute depression. 76 00:06:22,100 --> 00:06:24,580 Because, again, the cost of food will continue to go up. 77 00:06:24,740 --> 00:06:27,680 The cost of everything under the sun is going to go up. 78 00:06:28,060 --> 00:06:30,120 So here's what you can do to prepare. 79 00:06:30,240 --> 00:06:33,400 And I understand that some people are tight on money and they will not be able to do this. 80 00:06:33,500 --> 00:06:35,420 And perhaps you may have to use your credit card. 81 00:06:35,460 --> 00:06:37,400 And I'm not giving financial advice here. 82 00:06:38,040 --> 00:06:41,460 But, you know, now is the time to do something. 83 00:06:41,460 --> 00:06:47,180 So, as the price is where they are now, like, you might be thinking, well, the prices are high as it is. 84 00:06:47,240 --> 00:06:48,180 I can't stock up. 85 00:06:48,740 --> 00:06:49,660 I have news for you. 86 00:06:49,840 --> 00:06:52,460 The prices are going to skyrocket from here on out. 87 00:06:52,720 --> 00:06:56,980 In fact, the price of fuel will be over $10 a gallon far sooner than you think. 88 00:06:57,320 --> 00:07:01,440 In fact, I believe that in the very near term, before the end of 2022, 89 00:07:01,980 --> 00:07:06,540 I wouldn't be surprised if people are begging or wishing that they're paying $5 a gallon. 90 00:07:06,540 --> 00:07:08,760 Guys, I don't want to be the doomsday guy. 91 00:07:08,920 --> 00:07:10,380 And I understand this sounds like fear mongering. 92 00:07:10,980 --> 00:07:12,420 But this is, guys, this is math. 93 00:07:12,500 --> 00:07:13,240 Like, this is coming. 94 00:07:13,560 --> 00:07:16,800 And by knowing this information will give you a chance to prepare. 95 00:07:16,980 --> 00:07:17,980 And that's what's most important. 96 00:07:18,520 --> 00:07:24,700 So I recommend, if you can, buy everything that you normally purchase and buy in bulk while the prices are low. 97 00:07:25,160 --> 00:07:28,920 If you can stock up on food, whether it be canned food, rice and beans and other things, 98 00:07:29,080 --> 00:07:30,460 I would recommend doing so. 99 00:07:30,460 --> 00:07:33,600 So that way, if the cost of food or when the cost of food skyrockets, 100 00:07:33,900 --> 00:07:38,740 and as people start clearing out the shelves, you will at least have food on hand to withstand you. 101 00:07:39,220 --> 00:07:42,860 I also recommend buying everything else, whether it be toothpaste or undergarments 102 00:07:42,860 --> 00:07:45,940 and pretty much anything else that you normally take for granted. 103 00:07:46,400 --> 00:07:50,360 I'm telling you, it's not just going to be the lack of access because of diminished supply chain. 104 00:07:50,480 --> 00:07:53,980 But when you can get a hold of something, it's going to be egregiously expensive. 105 00:07:54,640 --> 00:07:57,320 Me, personally, I'm buying two years worth of food. 106 00:07:57,320 --> 00:08:02,800 Going to Costco, buying bags of rice and beans and canned food and seasoning and salt and other things. 107 00:08:03,160 --> 00:08:06,760 Because if things really hit the fan, which I fear that they will. 108 00:08:07,500 --> 00:08:11,520 And let me just say, for people in the United States, I'm not suggesting you're going to starve to death. 109 00:08:13,760 --> 00:08:16,360 But throughout the world, we're going to see this. 110 00:08:16,460 --> 00:08:18,640 There's already food riots in Sri Lanka and other places. 111 00:08:18,960 --> 00:08:20,780 And this is going to continue, guys. 112 00:08:21,320 --> 00:08:23,200 So now is the time to prepare. 113 00:08:23,200 --> 00:08:27,460 Now, some people are going to say, well, by you sharing this, you're causing a purchasing panic. 114 00:08:27,580 --> 00:08:28,360 You're making it worse. 115 00:08:28,840 --> 00:08:29,660 That's not true. 116 00:08:30,160 --> 00:08:31,420 This is going to happen. 117 00:08:31,560 --> 00:08:36,600 Even if absolutely nobody said anything about this whatsoever, it's still going to happen. 118 00:08:37,000 --> 00:08:39,660 Now, let me also say, because people are like, well, you have a large following. 119 00:08:40,040 --> 00:08:41,400 You know, you're going to make this worse. 120 00:08:41,740 --> 00:08:45,100 Well, first of all, literally half my audience is international. 121 00:08:45,800 --> 00:08:49,720 And half my audience entirely is probably going to even watch this video. 122 00:08:50,180 --> 00:08:55,660 And it's not like even half the audience that's in the United States is all living in the same town and going to clean out the same grocery store. 123 00:08:56,340 --> 00:08:56,860 You understand? 124 00:08:56,860 --> 00:09:02,060 So it's like, if you're somebody, because I saw in my prior video, people were giving me criticism saying, well, you're causing fear. 125 00:09:02,120 --> 00:09:02,700 You're making it worse. 126 00:09:02,760 --> 00:09:05,980 It's like, okay, well, if you really feel that way, well, then don't prepare at all. 127 00:09:06,060 --> 00:09:06,540 Do your part. 128 00:09:06,620 --> 00:09:07,340 Don't buy anything. 129 00:09:07,680 --> 00:09:10,300 And don't tell your friends and loved ones to prepare as well. 130 00:09:11,400 --> 00:09:12,540 That's not real advice. 131 00:09:12,700 --> 00:09:13,440 Do not do that. 132 00:09:13,580 --> 00:09:14,540 I'm not suggesting that. 133 00:09:14,720 --> 00:09:15,540 But do you see my point? 134 00:09:16,100 --> 00:09:23,320 I made another argument in my prior video or example or analogy, I should say, which is that, like, this is a mathematical certainty that this is happening. 135 00:09:23,640 --> 00:09:24,720 And it's all by design. 136 00:09:25,080 --> 00:09:28,220 The cost of fuel and everything else, this does not have to happen. 137 00:09:29,260 --> 00:09:31,140 I don't want to get into the conspiracy side of things. 138 00:09:31,440 --> 00:09:34,700 All I recommend is that you look into these things yourself and start asking questions. 139 00:09:34,700 --> 00:09:45,320 But if nothing else, you just need to understand that by having the heads up for this, if this is imminent, and it is imminent, I use the example of the Titanic, that the water went over five bulkheads. 140 00:09:45,680 --> 00:09:47,620 It could have stayed afloat with four, but not five. 141 00:09:48,080 --> 00:09:49,020 Guys, that's where we're at. 142 00:09:49,080 --> 00:09:50,020 We're over five bulkheads. 143 00:09:50,420 --> 00:09:51,860 The U.S. dollar is going to collapse. 144 00:09:52,260 --> 00:09:56,000 Inflation is going to go through the roof like it's happened in many other countries throughout history. 145 00:09:56,780 --> 00:09:59,680 Like, we all believed, and I'm talking about the Western world as well. 146 00:09:59,800 --> 00:10:00,980 It's not just people in the United States. 147 00:10:01,060 --> 00:10:02,500 Guys, this is going to go over everywhere. 148 00:10:02,620 --> 00:10:04,820 Europe, South America, everywhere. 149 00:10:06,380 --> 00:10:07,780 And so I do have good news. 150 00:10:07,900 --> 00:10:12,180 And I hate being the doomsday guy, but I'm like, guys, this is happening whether we want it to or not. 151 00:10:12,420 --> 00:10:14,300 And you're better off knowing so you can have a heads up. 152 00:10:14,820 --> 00:10:17,040 And I do believe that the future is bright. 153 00:10:17,560 --> 00:10:19,260 I believe that the best times are ahead of us. 154 00:10:19,260 --> 00:10:23,060 However, I do see that things are going to get worse before they get better. 155 00:10:23,660 --> 00:10:31,640 And take positivity in knowing that other people, hundreds of millions of people, probably billions of people throughout history, have suffered far worse than us. 156 00:10:32,320 --> 00:10:35,360 Our quality of living and other things and conveniences will be diminished. 157 00:10:36,140 --> 00:10:39,660 And certain creature comfort things that we have will be reduced. 158 00:10:40,180 --> 00:10:41,360 But we will make it out of this. 159 00:10:41,420 --> 00:10:44,040 And this is the time to bond together and unite as a community. 160 00:10:44,540 --> 00:10:47,580 I highly recommend that you become closer with family. 161 00:10:47,580 --> 00:10:49,420 That might not be the case for everyone. 162 00:10:49,520 --> 00:10:50,640 That might not always be an option. 163 00:10:51,160 --> 00:10:54,360 But friends, family, and loved ones, now is the time to work together. 164 00:10:54,540 --> 00:10:59,540 Because in the weeks, months, and I suspect the next two years is kind of what I'm suspecting. 165 00:10:59,680 --> 00:11:01,200 And when things are going to get quite dire. 166 00:11:01,740 --> 00:11:03,720 You'll be far better off working together. 167 00:11:03,940 --> 00:11:09,100 There's a saying, a quote, you have to, if you don't find a way to live together, you will die alone. 168 00:11:09,100 --> 00:11:17,340 And that's kind of where we're at, is that by working together as a community, you'll find a way to improvise and adapt and overcome. 169 00:11:19,020 --> 00:11:22,000 Again, so, hey, let me just say, I don't want to be the doomsday guy. 170 00:11:22,100 --> 00:11:25,300 I know there's people watching this that come to my channel for ancient stuff and everything else. 171 00:11:25,360 --> 00:11:27,200 And let me just say, my next video is on Atlantis. 172 00:11:27,200 --> 00:11:29,320 And I'll continue to make videos on these awesome topics. 173 00:11:29,840 --> 00:11:31,420 And I want to try to avoid this stuff. 174 00:11:31,540 --> 00:11:36,780 But guys, I'm one of these guys that, like, you know, when I have something to say and I know something's coming, 175 00:11:36,900 --> 00:11:39,820 I just feel the overwhelming urge to scream it from the rooftop. 176 00:11:40,000 --> 00:11:42,380 So I'm doing my part and I'm doing what I believe to be right. 177 00:11:42,480 --> 00:11:44,680 I'm doing the hard right instead of the easy wrong. 178 00:11:45,260 --> 00:11:48,700 I stand to make money making my other videos on fun topics. 179 00:11:49,060 --> 00:11:54,840 Whereas this, I stand to make no money and potentially even worse and put myself in jeopardy when it comes to my own finances. 180 00:11:54,840 --> 00:11:59,780 But I'm like, I just can't live with myself by knowing what's coming and not saying something. 181 00:11:59,960 --> 00:12:01,880 And I encourage you to share this with others. 182 00:12:02,540 --> 00:12:03,640 Not everyone's going to believe it. 183 00:12:03,700 --> 00:12:04,560 Not everyone's going to listen. 184 00:12:05,580 --> 00:12:10,760 But at least you would have spoken your piece and given people a chance to know what's coming. 185 00:12:11,120 --> 00:12:16,720 And maybe down the road they will understand how you were right and that you try to warn them. 186 00:12:17,040 --> 00:12:20,400 And, you know, maybe they'll have a chance to react before it's far too late. 187 00:12:20,400 --> 00:12:23,640 But that said, I'm going to close this up and go work on my Atlantis video. 188 00:12:23,640 --> 00:12:29,900 I ask or I would, you know, if you want to, if you want to support me and if you want to get other knowledge and things to come, 189 00:12:30,320 --> 00:12:34,960 support me on Locals, Patreon, and Subscribestar where I'll be partnering and doing podcasts. 190 00:12:35,140 --> 00:12:40,700 I've been partnering with people behind the scenes, people from my past professionally and otherwise that are in the know, 191 00:12:41,020 --> 00:12:44,420 that have been sounding the alarm on this discreetly among people they know. 192 00:12:45,280 --> 00:12:49,040 And I'm going to be interviewing some of them and sharing what they've been sharing with me. 193 00:12:49,040 --> 00:12:55,020 In fact, some of these same things I've been shared upon with a very dear friend who's definitely an expert in this field. 194 00:12:55,200 --> 00:12:58,360 And so I'm sharing these things, guys, because it's like, it's true. 195 00:12:58,880 --> 00:13:01,360 So anyways, that being said, I'll close it up here. 196 00:13:01,460 --> 00:13:02,600 My name is Jimmy Corsetti. 197 00:13:02,720 --> 00:13:03,880 My channel is called Bright Insight. 198 00:13:04,200 --> 00:13:06,260 Leave a comment and share your thoughts on all of this. 199 00:13:06,920 --> 00:13:10,980 And hit the like button, subscribe, and share with others so they'll, you know, have the heads up as well. 200 00:13:10,980 --> 00:13:16,360 But that being said, be optimistic, you know, embrace a positive mindset. 201 00:13:16,740 --> 00:13:19,980 And I'm telling you, we can all do this together and we'll make it out of this. 202 00:13:20,860 --> 00:13:21,760 Much love, everyone.