How To Survive “The Great Taking”

The Great Taking” is a plan by central bankers to confiscate all securities, bank deposits and debt-financed property, as revealed by former hedge fund manager David Webb.

The plan involves exploiting the global debt accumulation super cycle, rehypothecation of assets, and the centralisation of control over financial institutions.

To survive “The Great Taking”, Nick Giambruno suggests people should aim to be debt-free and own unencumbered assets within their direct control, avoiding fiat currency in bank accounts and unsecured liabilities.

RHODA WILSON

How To Survive “The Great Taking” in 2025

By Nick Giambruno

It’s a “scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt.”

David Webb, a former hedge fund manager, and Wall Street insider, has blown the lid off a diabolical plan more than 50 years in the making in a shocking new book.  He calls it ‘The Great Taking‘.  I consider it an urgent must-read (available for free HERE).

Here’s the synopsis (emphasis mine):

Webb shows how the dark forces behind central banking have spent the last 50 years meticulously putting the legal structures in place worldwide to sever property rights for securities.

Gone are the days of physical paper share certificates and bearer securities, where you had control and ownership of the asset.

Today, your control and ownership have become increasingly distant as stocks, bonds and other investments have been centralised away from account holders and rehypothecated – a slimy practice where financial institutions reuse an account holder’s asset for their own purposes, creating multiple claims on the same asset.

Contrary to what most brokerage account holders believe, they only have the appearance of ownership. If their broker goes bust, the stocks and bonds they think they own will be used to satisfy the other more senior creditors of their broker.

Webb shows how, during the 2008 financial crisis, a small broker in Florida went bankrupt.  Instead of sending the clients’ securities to another broker, as had traditionally been the case, they were swept up by the bankruptcy receiver.

But it’s not just some isolated small broker.

The bankruptcy of Lehman Brothers set the case law precedent for secured creditors to take client assets in the case of insolvency.

The most senior secured creditors are the most powerful financial institutions closest to the central banks – JP Morgan, BlackRock, Goldman Sachs, etc.

The net effect of The Great Taking will be the biggest centralisation of money and power in history as they take everyone’s securities during a future crisis.  Though it’s not just securities, they will also take ANY asset financed by debt – like real estate, cars and small businesses – as people become unable to service their debts.

Webb provides all the details and proof in his book.  Here’s the bottom line.

The most powerful people in the world have succeeded in subverting the property rights of securities and ensnaring most of the world with debt.

The trap has been set, and the legal plumbing is in place.

All that is needed is a big crisis that will cause a tidal wave of bankruptcies and the hidden forces behind the world’s central banks will be able to take everyone’s stocks, bonds and any property financed by debt.

All the assets people think they own in brokerage accounts, bank accounts, pensions and other financial accounts could vanish overnight.

Webb says, “There will be a game of musical chairs. When the music stops, you will not have a seat. It is designed to work that way.”

The Coming Collapse Is by Design

Webb makes a compelling case that the next financial crisis won’t be an accident; the global elite are making it happen to proceed with The Great Taking.  In short, it’s not plausible that such an intelligent, deliberate plan executed with persistence for more than 50 years could happen by accident.

Further, the forces behind central banking and (fake) money creation undoubtedly understand the dynamics of the boom-bust cycle they create by expanding and contracting the money supply.  They know the Everything Bubble they created will lead to a massive bust. That’s when they will execute The Great Taking.

Further, consumer debt is at record highs.  After many years of being encouraged to go deeply into debt, many Americans have reached their maximum debt saturation. They will be ripe for the picking.  As Webb explains:

What You Can Do About It?

Nobody knows the future or how The Great Taking will play out. The best you can do is to make yourself a hard target and not be among the low-hanging fruit.

You can do that by being debt-free and owning unencumbered assets within your direct control.

You don’t want to own something that is simultaneously someone else’s liability. That’s because the legal structures are already in place to take it from you during the next crisis.  Crucially, this includes fiat currency in bank accounts.

Remember, fiat currency is the unbacked liability of a bankrupt government.  Further, once you deposit currency into a bank, it is no longer yours. Technically and legally, it is the bank’s property, and what you own instead is an unsecured liability of the bank.

As The Great Taking unfolds, you won’t want to be on the other end of unsecured liabilities or IOUs of any kind.

I believe The Great Taking could happen sooner than most realise – and it won’t be pretty for many.  Most people have no idea how bad things could get – or how to prepare.  That’s why I’ve published a detailed guide called ‘The Most Dangerous Economic Crisis in 100 Years: The Top 3 Strategies You Need Right Now’.  Click here to download the free PDF.

About the Author

Nick Giambruno is a renowned speculator and international investor known for his expertise in identifying geopolitical and economic trends.  He specialises in finding lucrative investment opportunities in overlooked markets and advises on reducing political risks through international diversification.

He is the founder of The Financial Underground, a platform dedicated to uncovering truths about money and markets. He frequently speaks at investment conferences worldwide and has been featured in various publications including The EconomistForbesZero Hedge and MoneyWeek.


This article (How to survive “The Great Taking”) was published by The Expose and is republished here under “Fair Use” with attribution to the author Nick Giambruno

••••

The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)

••••

Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.

••••

Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.

••••

Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.

Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of The Liberty Beacon Project.

Be the first to comment

Leave a Reply

Your email address will not be published.


*