A global financial crisis is predicted to be looming and imminent. As some prices soar, the cost of living is rising and interest rates are higher than before, how long before financial security is beyond the limits of the masses?

As people go on with their lives, there is no doubt many are in crisis now. Is the prediction of a catastrophic crash true, or at least, likely?

Yes, but it depends on who you are and what kind of player you are. If you are in the driver’s seat of a global company or organisation, you are likely to benefit from such an incident. If, however, you are a house owner with a mortgage, a business owner or someone with a lot of money in the bank, you are very likely to suffer major losses.

We predict the timeline for this event to be within three months.

There are many driving forces behind this event, which has caused it to be on an unstoppable trajectory. Banks have forecast this event for three years, and the shut down of services along with increased fees and profits have ensured they will weather the storm. Many people have been crying out warnings, and it is time for all to heed them. The crash will begin in Europe and have a very quick ripple effect. Do not wait until it is too late, for very few will be immune.

What do you own, and how do you own it? Are your investments under your control or managed by someone else? Do you have cash flow at hand? If not, it is time to ensure that you create a way to access your cash when the crash occurs, because many investments will be either locked up or lost altogether and cash flow will all but cease. Consolidate your loans and negotiate with lenders. Refinance if needed. Take stock of your investments and let go of what is not necessary now. Work to ensure job security and you may want to lock in interest rates at the lowest possible rates possible. Those who are unemployed and on or under the poverty line are extremely vulnerable now. If you live from pay to pay, it is extremely important that you begin to cut household and personal spending to build up cash reserves. We cannot highlight this enough.

Chances are, the crisis can be averted. However, the more prepared you are, the less impact any major event is likely to have.

WE ARE the Cosmic Council.