Kim Dotcom: The Future Will be 'Worse than Most Can Imagine'

Millionaire tech entrepreneur Kim Dotcom issued a dire warning on Sunday, saying he believed America’s economic future would be “worse” than anyone knew.

“This may be the most important thread I ever make,” the Megaupload founder wrote on Twitter. “Big picture stuff about the major global collapse that is coming. I will try to help you understand why the future is not what we’re hoping for. It’s worse than most can imagine. Our leaders know. But what are they planning?

“The United States did not have a surplus or a balanced budget since 2001,” the New Zealand resident noted. “In the last 50 years the US only had 4 years of profit. In fact all the profit the US had would not be enough to pay for 6 months of the current yearly deficit. So how did the US pay for things? US spending and debt have spiraled out of control and the Govt can only raise the money it needs by printing it. That causes inflation. It’s like taxing you extra because you pay more for the things you need and all your assets decline in value. … The problem is that this has been going for decades and there’s now no way to fix it.”

Dotcom said Americans would soon face a “nightmare” of “mass poverty” because the effects of inflation and debt had begun snowballing too quickly to stop. He cited the fact that U.S. debt stood at $90 trillion — a figure stemming from research by the Institute of International Finance that includes household, corporate, and bank debt as well as government debt.

“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 added. Let me explain why this isn’t just doom and gloom talk. Total US debt is at $90 trillion. US unfunded liabilities are at $169 trillion. Combined that’s $778,000 per US citizen or $2,067,000 per US taxpayer. Remember, the only way the US Government can operate now is by printing more money. Which means hyperinflation is inevitable.”

The 48-year-old Dotcom, who created the file-sharing service Megaupload, has been in New Zealand fighting extradition to the U.S. since 2012. American prosecutors filed charges against him that include copyright infringement and money laundering related to his now-defunct website.

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?

— Kim Dotcom (@KimDotcom) June 5, 2022

Noting the combined value of all U.S. assets stands at $193 million, he pointed out that “even if the US could sell all assets at the current value, which is impossible, it would still be broke.”

Belaboring the point, he said the U.S. was “beyond bankrupt” and a “zombie” that was “already dead.” He said collapse was “inevitable and coming,” and pondered whether it was a “controlled demolition” of markets by global “elites.”

“You may have heard about the ‘great reset’ or the ‘new world order,'” he added. “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? 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?”

You can read his full assessment on Twitter.