The $4 Quadrillion Time Bomb No One Else Will Warn You About
By Peter J. Merrick, TEP® and Adrian C. Spitters, CFP®, co-authors of the international bestseller It Starts With Gold™ and the forthcoming book Guns, Gold & Land™
This analysis continues a series of long-form investigations published in The Merrick Spitters Reset Report™
Why the coming financial implosion won’t be a correction but a confiscation
We believe that when today’s asset bubbles finally blow up, including the international derivatives market, overvalued stocks, unsustainable bonds, inflated real estate, collapsing fiat currencies, and all cryptocurrencies from Bitcoin to stablecoins, it will not be a correction.
This article explores a growing debate about systemic risks in global finance and the potential implications for property rights and sovereignty. It is presented as an opinion and is intended to inform and invite dialogue.
It will be the detonation of The Financial Industrial Complex, unleashing The Great Financial Confiscation and cementing The One World Financial Order.
The fallout will not be temporary. Savings could be wiped out for many households. Pensions could collapse. Investment portfolios could be gutted overnight. Land could be seized under new frameworks. Private property ownership could be restricted or redefined. Unless people are prepared, they will lose everything they thought they owned.
In the international bestselling book It Starts With Gold™, we warned that a four quadrillion dollar pile of unbacked derivatives, equal to four thousand trillion dollars, now hangs over the global financial system. This is not simply a bubble. It is a weapon aimed at the heart of every saver, investor, and homeowner. Analysts argue it is the largest casino in history, where ordinary people are guaranteed to lose to the house. We will expand this argument further in our upcoming book Killing Crypto™, where we will show how the derivatives market has become a hollow structure of interlocking bets built entirely on fraud.
The Long Road to Collapse
The origins of this disaster stretch back more than a century. In 1913, the United States Federal Government surrendered its sovereign right to issue money by creating the private Federal Reserve. This decision handed control of the nation’s money supply to unelected bankers. In 1935, the Canadian Federal Government repeated the same mistake by creating the private Bank of Canada.
These moves chained both nations to permanent debt slavery. No longer could governments issue money for the public good. They now had to borrow it at interest from private banks that manufactured it out of nothing. Citizens became collateral for debts they never agreed to. The wealth of nations was mortgaged to private institutions.
In It Starts With Gold™, we showed how these two milestones marked the true birth of The Financial Industrial Complex. Once money became a weapon of control, every crisis that followed was repurposed as a means of transferring wealth upward and consolidating power downward.
1929: The Harshest Lesson
The crash of 1929 remains the most violent implosion in financial history. From the peak in September 1929 to the bottom in July 1932, U.S. stocks fell by 89 percent. A one-hundred-thousand-dollar portfolio shrank to just over ten thousand dollars. Families lost homes and businesses. Banks closed their doors. Millions were thrust into bread lines. Hope itself collapsed.
The recovery was not measured in months or years but in decades. In nominal terms, it took until 1954 for the market to claw its way back to the 1929 peak. That was twenty-five years of waiting. But in real terms, adjusted for inflation, the true recovery did not arrive until 1992. That was sixty-three years. An entire lifetime lost.
Now apply that lesson to today. The S&P 500 trades near five thousand five hundred. An eighty-nine percent collapse would take it down to about six hundred. The Dow Jones, near forty thousand, would fall to around four thousand four hundred. The Nasdaq, near seventeen thousand, would drop below two thousand. A one-million-dollar portfolio would shrink to about one hundred ten thousand dollars.
If the cycle repeated, the nominal recovery would not arrive for a quarter century. The real recovery would take more than sixty years. But here is the brutal truth. This time, many analysts warn that recovery may not be possible. In 1929, nations still had sovereignty. Currencies still had ties to gold. Debt was high but not unmanageable. There were anchors to rebuild from. Today, those anchors are gone. The system is already overleveraged by four quadrillion in derivatives. The collapse of that tower may not allow for a comeback. What comes next may not be recovery but replacement by what we call The One World Financial Order.
The Pattern of Confiscation
The confiscation of wealth has been the hidden theme of every financial shock. Each event takes more from the public while strengthening the system that rules over them.
In 1933, Americans were ordered to surrender their gold. They were paid in paper. The government then raised the value of gold, locking in losses for ordinary people and transferring wealth to the state.
In 1971, President Richard Nixon severed the final tie between the dollar and gold. Overnight, money was reduced to paper backed by nothing. Savers lost value through inflation. The printing press replaced discipline.
In 1987, Black Monday struck. Markets crashed by more than twenty percent in a single day. Ordinary investors were ruined in hours.
In 1997, the Asian Financial Crisis destroyed entire nations. Thailand, Indonesia, and South Korea saw their currencies collapse. Millions were thrown into poverty. Global funds swooped in to buy assets for pennies.
In 1998, Long Term Capital Management, a hedge fund, made reckless bets on derivatives. When it failed, the Federal Reserve organized a bailout. The public took the losses. Wall Street was protected.
In 2000, the dot-com bubble burst. The Nasdaq lost nearly eighty percent of its value. Retirements were wiped out. Pensions collapsed.
In 2008, the Global Financial Crisis erupted. Banks that caused the collapse were rescued with trillions. Families lost homes, jobs, and retirement savings. Governments sided with the system, not the people.
In 2010, the Flash Crash wiped out billions in minutes. Machines had replaced humans in the markets. Algorithms controlled the game.
In 2011, the European debt crisis forced nations into austerity. Pensions were cut. Taxes rose. Citizens suffered while banks were shielded.
In 2013, depositors in Cyprus had their accounts raided to bail out banks. It was open theft under the banner of stability.
In 2015, China’s stock market plunged by more than thirty percent in a few weeks. Investors were ruined. The state propped up the system to prevent a complete meltdown.
In 2019, the overnight lending market froze. Repo rates spiked to ten percent. Central banks had to intervene to prevent collapse.
In 2020, the COVID crash obliterated markets until central banks printed money at historic levels under the cover of emergency relief. Small businesses died forever while giant corporations expanded.
In 2022, crypto collapsed. Bitcoin and other coins lost more than two-thirds of their value. Billions of dollars vanished. Regulators used the wreckage to tighten their grip on digital assets.
Also in 2022, the Canadian trucker convoy revealed the next phase of control. Citizens who donated to or supported the protest had their bank accounts frozen. They were cut off from their own money with the stroke of a key. This was the first real-world test of programmable money. It showed that financial access is no longer a right. It can be revoked at will.
Every crisis told the same story. The elites at the top were shielded. The public was sacrificed.
The New Face of Control
Now the agenda is in the open. A phrase often attributed to Klaus Schwab of the World Economic Forum, “you will own nothing and be happy,” has circulated widely in recent years. Regardless of its exact origin, critics interpret it not as rhetoric but as a signal of a broader policy trajectory.
Larry Fink, head of BlackRock, has stepped into Schwab’s shoes and now co-chairs the World Economic Forum. BlackRock manages more than $ 12.5 trillion. Its Aladdin Climate platform enforces compliance with net-zero mandates across the global economy. BlackRock has become both a private asset manager and a public enforcer of global standards.
Mark Carney has been preparing the scaffolding for years. He was the Governor of the Bank of Canada. He was the Governor of the Bank of England. He was the United Nations Special Envoy for Climate Action and Finance. He helped design the Task Force on Climate-related Financial Disclosures, known as TCFD. He co-founded the Glasgow Financial Alliance for Net Zero, known as GFANZ. These frameworks force financial institutions to measure, report, and align capital flows with climate mandates and global governance rules.
Carney now serves as Prime Minister of Canada. Many critics argue that his policies align more with global frameworks than with national sovereignty. He builds the frameworks. Fink supplies the tools. Together, they merge private financial power with public authority. The outcome is a single structure of control.
Ownership, freedom, and sovereignty are being transformed into privileges. They can be granted. They can be withdrawn. They can be denied. This is not speculation. It is already underway.
How It Reaches Daily Life
The changes will not end with pensions and portfolios. They will reach into every corner of life. Groceries will be rationed according to carbon scores. Mortgages and rent will be tied to digital identity systems. Utilities and healthcare will be allocated through programmable money. Travel will be restricted by sustainability rules. Insurance, education, and even the right to work will be scored and conditioned.
The Canadian trucker convoy showed us what this looks like. Citizens were named, shamed, and frozen out of their own accounts for supporting a protest. The precedent is clear. The system can silence and punish anyone who resists.
International treaties and global frameworks, signed quietly behind closed doors, are eroding sovereignty and stripping individuals of rights. The ability to earn, save, spend, and live freely is being recast as a set of privileges that can be withdrawn without warning.
This is The Great Financial Confiscation. It is not a future possibility. It is unfolding now.
What The Next Financial Implosion Looks Like
When the next implosion strikes, it will not be a correction. It will be the breaking of the system itself. Derivatives will implode. Liquidity will dry up. Margin calls will sweep across markets. Stocks, bonds, real estate, and crypto will fall together. Banks will close ranks. Deposits will be seized. Bail-ins will be disguised as reforms. Programmable money will be marketed as the safe alternative. Digital identity will be sold as convenient. In reality, it will be the lock on the cage.
If the numbers from 1929 repeat, the S&P 500 will fall to six hundred, the Dow to four thousand four hundred, the Nasdaq to under two thousand. A one-million-dollar portfolio will shrink to one hundred ten thousand dollars. In 1929, the system eventually recovered, though it took twenty-five years in nominal terms and sixty-three years when adjusted for inflation. This time, many analysts warn that recovery may never come. Four quadrillion in unbacked derivatives cannot be rebuilt. Sovereignty no longer exists to provide anchors. The crash will not be followed by a rebound. It will be followed by replacement.
The Only Way Out
That is why we created The Merrick Spitters Reset Report™.
We do not tell comforting lies. We tell the truth about where this leads. We connect the dots that mainstream voices refuse to touch. We explain how these changes will hit your finances, your family, and your freedom. Most importantly, we show what can still be done while there is time.
There are only two paths. One is to stand still, hope for a recovery that will never come, and watch everything disappear. The other is to prepare, step outside the trap before it closes, and protect what is yours.
At our firm, we assist clients in structuring wealth by Owning Assets in Order of Asset Security. We prioritize the most secure assets and safeguard those that are most vulnerable.
Book your complimentary review to learn how to structure for the shifts ahead.
The Merrick Spitters Reset Report™ is not simply information. It is the plan. It is offered pro bono because we believe people deserve the knowledge to defend themselves in an age of engineered collapse.
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