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Author of How to Prep When You’re Broke and Bloom Where You’re Planted online course
You’ve probably heard the buzz about a recent book and documentary by David Rogers Webb called The Great Taking. In short, a former hedge fund manager and financial expert has uncovered a shocking plan that has been in the works for decades to separate us not just from our money, but from everything we own. Webb’s theory takes “you’ll own nothing and be happy” not just to the next level but all the way to the stratosphere.
And the scariest part?
It rings true.
According to Webb, the wheels have been in motion leading up to this since the middle of the 1900s. Laws have been changed one by one to make it perfectly legal. This train is already on the tracks. All of this is absolutely provable and true.
I was so bothered by this documentary I didn’t even know if I wanted to write about it. It seems so outrageous. It’s so dystopian. It’s so extreme.
But ultimately, I decided it was just too important not to cover.
Here’s what you need to know, as well as how to protect yourself.
The upcoming financial crisis will be like no other.
A financial crisis is looming. This isn’t news. But the upcoming financial crisis is not like previous ones. It’s not because mistakes in management were made. It’s not due to factors outside our nation’s control. It’s because Central Bankers planned it and put the wheels in motion decades ago.
And it won’t just be your money that’s at risk, according to Webb. It will also be assets that you own, free and clear. Everything. Gone. And it will all be done in the framework of existing laws that have been changed to make it possible.
Many laws have been quietly changed to make this possible.
Here’s a quick rundown of what has been changed as well as some definitions of the things Webb talks about in the documentary and book.
Dematerialization of Securities: Once upon a time, you got physical stock certificates when you made an investment. Now those are all stored electronically. Who was behind this change? Central banks and members of the literal CIA…that’s right. The Central Intelligence Agency. Former spies.
Safe Harbor Laws: This is a change in bankruptcy laws. Now, derivatives counterparties are protected from the insolvency of the lendee, even if there is fraud on the part of the lender. Here’s a quick explanation of terms from the Treasury Department.
Counterparty credit risk is the risk arising from the possibility that the counterparty may default on amounts owned on a derivative transaction.
Derivatives are financial instruments that derive their value from the performance of assets, interest or currency exchange rates, or indexes.
Security Entitlement: Previously, if you invested in securities, you owned them. Now, securities held in brokerages or pension plans are not directly owned by individuals but are instead collateral for major creditors. These assets are used as collateral again and again for a total of loans far exceeding their actual value.
Central Clearing Parties (CCPs): These entities were established to manage the clearing and settlement of trades. And some of them were created by The Fed in the form of LLCs. One of the biggest ones is called Maiden Lane LLC. There’s a version 1, 2, and 3.
Collateral Management: Securities can be moved across borders, which means in the event of a crisis, individual assets could be taken by central banks and CCPs
It’s not just happening in the United States. A similar legal framework has been established all over the Western World. All of these things have built-in vulnerabilities that could see our assets taken over by secured creditors – even if we don’t owe money on them.
What does all this mean?
I’m not a financial expert, so I ended up watching this documentary a couple of times. I’m also in the midst of reading the book (available for free here or you can get a physical copy here).
I got the most clarity from an analogy that Webb tells in the documentary. (This is an analogy to clarify the bigger picture. It is not something your car dealer is actually doing.)
Let me give you an example to explain the horror of this.
You have bought a car, and you paid cash for it. You think you’re being very conservative. You have no debt against the car.
But unbeknownst to you, the dealer continues to control your car as collaterol. You’re not told this. The dealer uses YOUR car and all the other cars sold by the dealer as collaterol for his borrowing in his business.
Now the dealer goes bust and only certain secured creditors are empowered to immediately take your car and all the cars ever sold by the dealer without any judicial review, immediately.
When I describe this to people they get worried about their cars. This is not about your car. This is an analogy for what has been done. It’s much worse than it being about your car because it is literally about the entire securities complex globally.
So it is not about YOUR insolvency that causes the loss of your assets. It’s the insolvency of the people that secretly used your collaterol as their property without telling you that or disclosing it.
I’ll tell you, I got shivers down my spine. What an absolutely insidious plot, and I can easily see it happening. Webb shows his evidence of all the laws that were put into place to allow it.
What can we do to protect ourselves from The Great Taking?
First of all, we are watching this happen right now. It goes way deeper than just a bail-in, though there are plans in motion to make that happen, too. The massive inflation will be followed by, most likely, a deflationary period, which will reduce the value of your money and your belongings. (This is a naturally occurring cycle where the economy tries to right itself.) The laws are in place to make this endgame all completely legal.
We have to begin calling out these practices and demanding reform. Maybe – and Webb seems hopeful – by shedding a light on it, the entire thing can be stopped.
But you also have to take responsibility personally. You have to protect yourself tangibly to get through this. Food. Water. Community. Security. All the basics. Webb recommends raising your own food and building a pantry as two helpful strategies.
And with what you have left over – your rainy day fund, your retirement, your life’s savings – think long and hard about where you want to keep it and in what form.
I know I talk a lot about gold and silver. And I’ll keep talking about it. Buying the right kind of gold and silver protects you from facing confiscation like what occurred in the 1930s. Having these physical items in your possession protects you from:
- Devaluation of existing currencies
- Seizure of all your assets
- Bank control over your money
The same gold bars that would have bought you a house a hundred years ago still will. This will retain its value no matter what central banks do.
It’s not difficult to get started with precious metals, but I urge you to do it before things change too much for you to be able to acquire it. Contact ITM Trading and set up a FREE no no-obligation phone call. Get a strategy customized for you and your personal situation – all of our situations are different, and what works for me may not be right for you. I can’t urge you strongly enough to take this step if you have a nest egg you want to protect. Just learn more about it, learn about your risk, and make an educated decision for you and your family.
And fight like everything you own depends on it. Because, perhaps, if David Rogers Webb is right, it does.
The Great Taking documentary
Here’s the video of The Great Taking. If you never watch anything else I posted on this site, I urge you to watch this.
Here’s a great video with a synopsis and explanation of Webb’s documentary.
If you want to read Webb’s book instead, you can download it for free right here. The man clearly isn’t in this for the money. He’s sounding this warning bell because he feels deeply compelled to do so. Webb writes:
The insane logic of control has been pushed to the point of subjugating all people, globally, and all the way to the top of the system. Further, crucially, we are all being threatened at the same time. And therein lies the hope for humanity!
As awareness can now be spread all the way to the top of the system, we have the real possibility of overcoming divide-and-rule for the first time in history. The Great Taking can then be recognized as merely a construct and wound down legally and peacefully. Humanity can then be united to end open-ended hybrid war, and private control of Central Banks. The real world might then be rediscovered to be remarkably benevolent. Now that is the BIG PICTURE!
Don’t let his warnings be in vain. Take steps to learn everything you can to materially and financially protect yourself and your family. Fight this every way you know how.
What are your thoughts?
What are your thoughts on this documentary? Are you surprised by these plans that have been put into motion? How will you protect yourself from such a massive undertaking? How can we fight back?
Let’s talk about it in the comments section.
Daisy Luther is a coffee-swigging, adventure-seeking, globe-trotting blogger. She is the founder and publisher of three websites. 1) The Organic Prepper, which is about current events, preparedness, self-reliance, and the pursuit of liberty; 2) The Frugalite, a website with thrifty tips and solutions to help people get a handle on their personal finances without feeling deprived; and 3) PreppersDailyNews.com, an aggregate site where you can find links to all the most important news for those who wish to be prepared. Her work is widely republished across alternative media and she has appeared in many interviews.
Daisy is the best-selling author of 5 traditionally published books, 12 self-published books, and runs a small digital publishing company with PDF guides, printables, and courses at SelfRelianceand Survival.com You can find her on Facebook, Pinterest, Gab, MeWe, Parler, Instagram, and Twitter.