Tag Archives: Economy

What Is The “Great Reset” And What Do The Globalists Actually Want?

By Brandon Smith

I first heard the phrase “Great Reset” way back in 2014. Christine Lagarde, who was head of the IMF at the time, was suddenly becoming very vocal about global centralization. It was an agenda that was generally only whispered about in the dark corners of institutional white papers and the secretive meetings of banking elites, but now these people were becoming rather loud about it.

Lagarde was doing a Q&A at the World Economic Forum and the notion of the “Reset” was very deliberately brought up; what the project entailed was vague, but the basic root of it was a dramatic shift away from the current economic, social and political models of the world into a globally centralized and integrated system – A “New World Order,” if you will…

It’s important to remember that we had just jumped through the fires of an international credit collapse which started in 2008 and had continued to cause uncertainty in markets for years. The central banks had dumped tens of trillions of dollars worth of stimulus into the system just to keep it on life support. Some of us in the alternative media believed that these actions were not meant to save the economy, only zombify the economy through currency devaluation and inflation. Not long down the road, this zombie creation would turn on us and try to eat us alive, and only the central bankers knew exactly when this would occur.

Think of the crash of 2008 as Stage 1 of the Reset agenda; the globalists were getting cocky and were ready to unveil their plans to the public.

Lagarde’s discussion at the WEF was also held around the time that Klaus Schwab was introducing his 4th Industrial Revolution concept, which is a little more forward with what the globalists really want. He talks excitedly of a true “global society” and a world in which people turn to Artificial Intelligence (AI) as a better means of governance. He even suggests that laws would eventually be dictated by AI and that courts would be run by robots.

Of course, he admits that this cannot happen without a period of economic deconstruction in which people and governments will have to choose between sacrifice for the sake of stability, or continued pain in the name of holding on to the “old ways.” Look at it this way: The Great Reset is the action or the chaos, and the 4th Industrial Revolution is the intended result or planned “order.” That is to say, it’s a new order created out of engineered chaos.

Yeah, it sounds like bad science fiction, but remember these are the people that enjoy the undivided attention of many of our political leaders and they rub elbows with the central bankers at the Federal Reserve. I’ll say it again: The proponents of the Great Reset and the 4th Industrial Revolution, who want to completely undermine and reconstitute our society and way of life, are close partners with our national leaders and the very bankers that could force such a reset to happen through a deliberate collapse.

The globalists have been trying to rebrand and repackage their New World Order agenda for many years, and the Reset was what they came up with. Rather than being innocuous sounding, the term threatens systemic upheaval and an erasure of the past. When you “reset” something it usually goes back to zero – a blank slate that the engineers can use to rewrite the code and the functions. But what does this really mean?

What do the globalists REALLY WANT? Here are the details, so far as I can prove or support with evidence, of what the “Great Reset” actually is and what programs they hope to enforce:

Total Global Economic Centralization

Some people might claim that we already have global economic centralization, but they don’t understand what this really means. While national central banks are all members of the IMF and the Bank for International Settlements, and take their marching orders from these institutions, what the globalists want is open global governance of finance, probably through the IMF.

In other words, it’s not enough that they manipulate economies secretly by using national central banks as proxies; what they want is to stop hiding and to come out into the light as the magnanimous rulers they think they are.

The ultimate goal of full centralization is to erase the very idea of free markets and to allow a handful of people to micromanage every aspect of trade and business. It’s not just about influence, it’s about economic empire. But in order to achieve a global central bank they must first implement a one-world currency plan.

A One World Digital Currency System

The IMF has been talking about using their Special Drawing Rights basket as the foundation for a global currency for years (since at least the year 2000). Around a decade ago China started taking on trillions of dollars in debt just to qualify as a member of the SDR system, and the IMF has hinted that when all is said and done that system will go digital. All that is needed is the right kind of crisis to shock the public into compliance.

This was evident at the height of the covid pandemic lockdowns and the threat of economic disaster when globalist institutions began to suggest that the IMF’s SDR could be used as a safety net for nations, with strings attached, of course. But beyond the stresses of the pandemic there is a much bigger crisis; namely the stagflationary crisis now on our doorstep. With multiple national currencies in decline and the dollar’s world reserve status increasingly in question, I have no doubt that the globalists will take the opportunity to offer the public their digital currency as a solution.

The new system would be more like a phantom currency for a time. The SDR would be the glue or the backing while national currencies remain in circulation until the digital framework becomes pervasive. The IMF and the people behind it would become the de facto world central bank, with the power to steer the course of all national economies through a single currency mechanism.

On the micro-economic side, each and every individual would now be dependent on a digital currency or cryptocurrency which removes all privacy in trade. All transactions would be tracked, and by the very nature of blockchain technology and the digital ledger this would be required. The money elites wouldn’t have to explain the tracking, all they would have to say is “That’s how the technology functions; without the ledger it doesn’t work.”

A Global Social Credit System

The evil inherent in globalism was readily apparent during the recent lockdowns and the violent push for medical tyranny. Despite the fact that covid only had a median Infection Fatality Rate of only 0.27%, according to dozens of official studies, the WEF contingent of politicians and world leaders were frothing at the mouth, proclaiming that the existence of covid gave them the right to take total control of people’s lives.

Klaus Schwab and the WEF happily announced that the pandemic was the beginning of the “Great Reset” and the 4th Industrial Revolution, stating that the covid crisis presented a perfect “opportunity” for change.

The vaccine passports were thankfully defeated by numerous conservative red states in the US, leading to the complete reversal of such policies across most of the Western world. We were free for years while many blue states and other countries were facing authoritarianism, and this caused a lot of problems for the globalists. It’s hard to institute a global medical dystopia when people around the world can look at the conservatives in the US and see that we are living just fine without the controls.

The vax passports need to be understood as a first step towards something else – The beginning of a massive social credit system much like the one being used in China right now. If you think cancel culture is a nightmare today, just think what would happen if the collectivist mob had the power to drop a review bomb on your social credit account and declare you to be untouchable? Imagine if they had the power to simply shut down your ability to get a job, to shop in grocery stores and even shut down access to your money? Without your compliance to the collective, access to normal survival necessities would be impossible.

This is what the globalists want, as they openly admitted at the start of the pandemic, and the vax passports would have been an introduction to that technocratic horror had we conservatives not stood our ground.

You Will Own Nothing And Be Happy By 2030

The “Sharing Economy” (also sometimes referenced in parallel with “Stakeholder Capitalism”) is a concept that has been making the rounds in the WEF for a few years now. The media has attempted at every turn to spread lies and disinformation claiming that the plan does not exist; but again, it is openly admitted.

The sharing economy is essentially a communistic economy, but distilled down to a bizarre minimalism even people who lived in the Soviet Union did not have to experience. The structure is described as a kind of commune-based society in which people live in Section 8-style housing, with shared kitchens, shared bathrooms, and barely any privacy. All property is rented, or borrowed. All cars are borrowed and shared, most transit is mass transit, basic personal items such as computers, phones, and even cooking utensils might be shared or borrowed items. As the WEF says, you will own nothing.

Being happy about it is another matter.

The argument for this kind of society is of course that “climate change” and the frailties of consumer economics demand that we reduce our living standards to near zero and abandon the sacred ideal of property ownership for the sake of the planet.

Set aside the fact that carbon-based global warming is a farce. The world’s temperatures have only risen by 1 DEGREE CELSIUS in the span of a century, according to the NOAA. This was data that climate scientists had attempted to hide or gloss over for years, but now it is out there for everyone to see. There is no proof of man-made global warming. None.

The globalists have been scheming to use environmentalism as an excuse for centralization since at least 1972, when the Club Of Rome published a treatise titled “The Limits To Growth.” Twenty years later they would publish a book titled The First Global Revolution. In that document they specifically recommend using global warming as a vehicle:

In searching for a common enemy against whom we can unite, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like, would fit the bill. In their totality and their interactions these phenomena do constitute a common threat which must be confronted by everyone together. But in designating these dangers as the enemy, we fall into the trap, which we have already warned readers about, namely mistaking symptoms for causes. All these dangers are caused by human intervention in natural processes, and it is only through changed attitudes and behaviour that they can be overcome. The real enemy then is humanity itself.”

The statement comes from Chapter 5 – The Vacuum, which covers their position on the need for global government. The quote is relatively clear; a common enemy must be conjured in order to trick humanity into uniting under a single banner; and the elites see environmental catastrophe, caused by mankind itself, as the best possible motivator.

They present the solution of the shared economy concept as if it is a new and bold idea. What the globalists ultimately want for their Great Reset, however, is a tidal-wave reversal from freedom and individual prosperity back to a very old manner of doing things, similar to ancient feudalism. You become a peasant working on land owned by the elites, or by the state, and you will never be allowed to own that land.

The only difference would be that in a feudal empire of the past peasants could not own land because of the class system. This time around, you won’t be allowed to own anything, including land, because wanting to own anything is “selfish” and destructive to the planet.

Total Information Control

The truth is a rare commodity these days, but nowhere near as rare as it will be if these elitists get what they want. The globalists are far more open about their agenda today than they have ever been before, and I suspect this is because they believe they will be able to rewrite the history of today’s events with impunity after the Reset unfolds. They think they will own the world of information and will be able to edit our cultural memory as they go.

The mainstream media calls all of this “conspiracy theory.” I call it conspiracy reality. It’s hard to deny openly spoken admissions by the globalists themselves; all they can do is try to spin the information as much as possible to keep the public on the fence in terms of what needs to be done, which is a purge of the globalists from our country and perhaps the entire world.

If we do not do this, there will come a time when nothing I say here is remembered and no evidence of the Reset plan will exist. The establishment will have eliminated all notions of it from written history, leaving only a fantasy tale of how the world collapsed and a small organization of “visionary” globalists saved it from oblivion through a new religion of centralization.

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Seeing It All Come Together: Months of Predictions Closing in on Quick Economic Collapse

By David Haggith

Sometimes weeks happen in a day, and we seem to be living in such times. In my latest Patreon Post I laid out how Putin’s War and the sanctions imposed by the West and other nations will cause a tectonic shift in the new world order. It’s already happening.

Many articles have said in the past week or two that globalism has been breaking down and that the break between the West and East caused by Putin’s War has shattered the trend in recent years toward a globalized economy and globalized governance. I argued the opposite — that it greatly accelerates globalism while cracking it into a new kind of bi-polar globalism.

Only a couple of hours after publishing that Patron Post this morning, I read the following statement:

We’re at an inflection point, I believe, in the world economy, not just the world economy, the world, that occurs every three or four generations…. [A general told me that] 60 million people died between 1900 and 1946 and since then we’ve established a liberal world order, and it hasn’t happened in a long while…. Now is the time when things are shifting and there’s going to be a new world order out there, and we’ve got to lead it. We’ve got to unite the rest of the free world in doing it….

— President Joe Biden at a business roundtable on Monday (Real Clear Politics)

You could hardly ask for a stronger confirmation from the “leader of the free world” that we are headed exactly where I said we were going in that post. Sometimes it doesn’t take long to see it in the news.

Bond yields and inflation swing their scythes like the Grim Reaper

Only days ago, I had also written in the introduction to my latest series of Patron Posts,

We slid in economic meltdown toward a covert recession few saw coming in the last few months of 2021 as the Fed merely tapered its QE, which it had to do because we were roaring back into the hottest inflation since the seventies and early eighties (which I had also assured everyone was coming)…. The Fed’s taper gave rise to bond vigilantes (as I predicted it would) and a slow stock market crash that has taken two major indices down more than 20%, and now the world is facing a global crisis due to Putin’s War and the greatest economic sanctions of all time!… In the past few weeks — as the taper ended Fed control of the curve, and the sanctions began, and the Fed started tightening — the front end of the curve shot up….

I would put the probability of a recession starting in this quarter at 95% because the yield curve is inverting now. As I’ve already stated several times, we could expect the yield curve inversion to be the late arriver to the party this time, entering after recession already began because the Fed froze it out with two years of absolute yield-curve control which it has only just finished backing out of.

Epocalypse Revisited: The Recurring Nightmare of Economic Collapse

My main thesis last year claimed the Fed had been exercising total yield-curve control for the past two years with its massive bond purchases along all maturities along the curve. Obviously, the Fed decided for itself how many treasuries to buy at each inflection point to set the curve where it wanted it as it undertook this massive money printing. Why wouldn’t it if it is buying all along the curve in numbers sufficient to change bond yields?

I gave all my readers a key for understanding the events that would come at the start of 2022 (Patrons first, of course): realize that the Fed would inevitably be relinquishing all of that control over bond yields when it stopped its QE bond purchases, which would allow the bond vigilantes to price in the inflation that the yield curve had been incapable of showing for the past two years.

For over a year, a few people on other sites than my own argued with me that there could be no massive inflation coming and no recession because bonds were not showing it, and bond yields always rise to keep up with inflation, and bonds are the Fed’s most preferred gauge for judging when a recession is coming. I argued that bonds couldn’t show any of that because the Fed had shunted the meter because its massive bond purchases took all price discovery out of the bond market.

I referred to the Fed as the whale in the bond pool — a whale so big it took up the whole pool. Thus, the water level of the pool (bond prices) would fall quickly when the whale got out of the pool. (Falling prices amount to the same thing as rising yields).

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The key for you to see what was coming was to understand why the Fed’s favorite meter was broken, what it would take to fix it, and how quickly it would respond once fixed. I re-explained those dynamics in a Patron Post last month and share it all here as reminder:

One … insidious aspect of the bond bubble blowing up is that the yield curve for bonds is now rapidly flattening as bond vigilantes seize the reins on the bond market that the Fed is releasing. That flattening presages a recession. I don’t think a flat and then inverted yield curve, in itself, causes recessions, but simply that it is a sign that is regarded by the Fed as its most reliable indicator of recessions; so, when the yield curve inverts, it creates recessionary sentiment throughout all financial markets. In that sense, it is an amplifier that makes it somewhat of a self-fulfilling prophecy. It’s almost like a guarantee or a seal on the recession to follow. This time it is a delayed indicator because of how tightly the Fed held the reins on bond pricing, restricting its own best indicator like a broken gauge to where the Fed doesn’t even see recession is already at the door….

[Here’s] the key that I’ve laid out in past Patron Posts for understanding the significance of the changes that are now arriving. By backing away from bond purchases (as is now seen happening in various places around the world simultaneously), central banks are liberating interest-rate curves all over the world. That means markets will start pricing in the inflation that they were locked out of pricing by massive CB interference; so, expect the repricing of bonds to happen quickly (in a realm of normally glacial moves in interest) and yield curves to flatten quickly and all of that to roil a lot of markets….

I explained that the yield-curve indicator is behind the curve because the Fed exercised its tightest control ever over the yield curve during the last two years, which is why the curve is rapidly changing now, AND why it is can be expected to be a late arriver in predicting the recession because it would have priced this in months ago (the amount of time before a recession when it usually turns negative), if the Fed had not been exerting total control.

The Everything Bubble Bust Pt. 3: The Big Bond Blowup

That, I warned last month, puts us close to the bursting of the bond bubble and likely already in a recession because the curve this time was restrained from showing all of this until released by the Fed’s taper. One important factor, in terms of how the change in bond yields affects other markets, is how quickly bond yields rise and the yield curve flattens and then inverts to show a recession. Rapid change in a normally slow-changing indicator spooks markets.

Well, we’re here. It’s all happening this week and last. Look at what has happened to bond interest rates and the yield curve since the Fed finished its tapering:

Compare that to all the incremental moves over the past year when the Fed had the meter shunted, as I say, and you see bond yields have come alive and are changing to show inflation at a rate of rise we haven’t seen in a long time. The 10YR bond/note has gone from 1.95% on March 9, when the Fed ended tapering with its final QE purchase, to 2.39% today — 46 basis points in less than two weeks, and in the last two days alone it rose 24 of those basis points.

And this is a global phenomenon. Here is what those rising bond yields (globally) have meant in terms of bond prices:

“This Is Now The Worst Drawdown on Record for Global Fixed Income”

Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation…. [It’s] the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the financial crisis in 2008. It equates to a drop in the index market value of about $2.6 trillion, worse than about $2 trillion in 2008….

Rising inflationary pressure around the world is fueling concerns about the ability of the global economy to weather any sustained period of higher financing costs…. “The safe haven attributes of Treasuries have been undermined when one adds duration risk to the equation,” said Winson Phoon, head of fixed income research at Maybank Securites Pte. Ltd. That’s a blow to money managers accustomed to years of consistent gains, backstopped by loose monetary policy….

Corporate bonds are particularly vulnerable to mounting stagflation threats, as slowing economic growth also raises credit risks….

The meltdown in global debt markets is a reminder of the Fed’s tightening cycle in 2018, though the broad global bond index wound up losing only 1.2% for that full year. But unlike four years ago, price pressures are now much stronger and the global supply chain is beleaguered.


Yield curve inverting at lightning speed screams “recession”

Bonds are also repricing in the pattern that flashes “recession” now that they have been released from Fed control. We have witnessed the fastest moves into inversion of the yield curve one can imagine as prices rise disproportionately toward the front end of the curve:

Last week Ethan wrote that the horrific performance of US Treasuries was something of an inevitable return to normal after they were placed into a policy-induced economic coma during Covid.

Financial Times

There we have someone else using the term I was using to describe why bond yields weren’t pricing in anything for all the months prior. Bond yields were in a FedMed-induced “coma”:

The Fed created a codependent economy to which I said, as soon as you remove life support, the comatose patient will begin to die. It has proven out that, every time the Fed has removed life support, the patient has declined to such ill health that the Fed had to rush back in with greater life support.

Epocalypse Revisited: The Recurring Nightmare of Economic Collapse

Across the curve, Treasury yields are returning to their pre-pandemic levels — even if in fits and starts. Even the stubborn 30-year yield is back where it was in early 2019 . . . Epic fiscal, monetary and epidemiological interventions transformed the US economy overnight. A bear market in Treasuries [meaning this present bear market] mostly represents things returning to normal, though high inflation and Russia’s war have made for a bumpier ride….

The ride has only become rockier in the past few days. As the FT markets team reported on Monday, Treasuries have now had their worst month since 2016.

The worry is that returning to normal at the same time the Fed digs in for a fight against inflation might trigger a recession. That, at any rate, is the worry being flagged by the yield curve.

Financial Times

Sharp moves in the U.S. Treasury market are increasingly pointing to the risk of an approaching recession, with “bond vigilantes coming out of the woodwork” and markets doubting the U.S. Federal Reserve’s plan to engineer a “soft landing” for the economy as it hikes interest rates to fight inflation, market experts said….

“The yield curve does look ominous,” wrote Christopher Murphy, Co-Head of Derivatives Strategy at Susquehanna Financial Group….

Melissa Brown, Global Head of Applied Research at Qontigo, said… ‘”The market perhaps is assuming that they can’t thread that needle … it’s going to be tough to not drive us into recession….”

“Bond vigilantes have come out of the woodwork,” Brenner said, adding he saw a large amount of selling in the futures market, particularly concentrated in five-year futures.


That is the drum I kept beating last year — that when the Fed tapered, you’d see bond vigilantes coming out of the woodwork (I think I even used that clichè) to reprice bonds to show inflation and a recession all at once. Of course, the most critical part of the curve, which the Fed says is its most reliable indicator is the 2Yr v the 10Yr, and that has not quite inverted yet, but it is very close:

The Yield Curve – Only 17 Basis Points To Zero

The difference between the 2-year and 10-year note is now just 17 basis points…. . Every recession in the past 40 years was preceded by an inverted yield curve – where this spread turned negative before the recession…. Even the 2020 recession, which had nothing to do with the Fed but a mandatory COVID shutdown, also saw an inverted yield curve in the summer of 2019

Seeking Alpha

“From geopolitical risks to rising interest rates, U.S. Stocks face unique risks that lead to bear markets”

It’s a unique moment for the U.S. stock market, which is staring down a distinct set of circumstances — from geopolitical risks to rising interest rates — that when combined have historically led to a bear markets….

First, the Federal Reserve is starting to raise interest rates…

Then there’s Russia’s war with Ukraine…

Meanwhile, oil prices are soaring past $100 a barrel…

It’s rare for the Fed to raise rates at a time when markets are under pressure and geopolitical tensions are bubbling.

Financial Express

For free, I handed everyone the key for understanding in detail the massive financial collapse that was coming in the first quarter of this year due to the Fed’s taper (with Patrons, of course, getting the most and earliest details, but I made sure everyone got the minimum they needed to see what was coming because it is important to all). Such exasperating times for the Fed are exactly the corner I’ve said they were painting themselves into where the inflation they helped create forces them to tighten a Fed-dependent economy with all of its Fed-dependent markets when they can least afford to do so — backs against the wall.

I had also noted a number of times that the broken meter would be showing what it would have shown 6-9 months ago if it had been able to. That meant it would only start predicting a recession after we were already in it. That is why the meter is rising so rapidly now. It’s catching up to realization of what should have been priced in last summer.

That leaves you with a key many others still don’t grasp. They now suddenly talk of a recession coming later this year or early in 2023, but what you know is we’re just now getting last summer’s reading, so the recession is likely already here.

“The S&P 500 Index Will Face More Pain as Rate Hikes Continue”

When the Fed tightens the money supply, it often leads to an economic slowdown. And indeed, the credit market is now heading toward inversion, which has an almost perfect track record of predicting recessions and, thus, stock market declines. As such, traders should be careful with SPY and other such index ETFs here. Last week’s rally in no way guarantees that a bottom is in.


In fact, be very careful because things are going to reprice quickly now as we saw the moment the taper ended and even before Powell announced his first interest hike. Even Powell practically admitted the situation is looking like it’s run out of control, though he assured us, of course, that it has not out of control because it is his job not to alarm markets:

But inflation is far above our target. And, you know, the help we’ve been expecting, and other forecasters have been expecting, from supply-side improvement, labor-force participation, bottlenecks, all those things getting better — it hasn’t come. And so we’re looking now to using our tools to restore price stability. And we’re committed to doing that.”

In other words, nothing has come in to rescue the Fed from rising inflation as they expected when they kept saying it was all transitory and I kept warning it was NOT. Had they been reading here, they would have expected differently. (Alas, I have never been able to impress upon them the value of doing so ; )

The Federal Reserve chair rarely gets directly to the point.

However, as Powell bluntly noted, that anticipated help simply “hasn’t come.” So now the Fed has to take matters into its own hands with a sharper policy response to get inflation under control.

“Sharper policy responses” are not what markets like. They don’t like surprises. On top of all that, my latest Patron Post series was intended to lay out — as one of the comments above also notes as a contributing factor but not the primary cause — how Putin’s War exacerbates the entire Everything Bubble Bust I wrote about in my Patron Posts the month before, which Bloomberg now seems to be leaning toward in agreement:

As Bloomberg’s Cormac Mullen writes, the bond market suggests that “the chance the Federal Reserve can engineer a soft landing is fading by the week, with the war in Ukraine exacerbating the inflationary pressures.…” As Mullen concludes, “Even Powell himself acknowledged the severity of the test the Fed now faces, withdrawing stimulus as inflation accelerates at the fastest pace in four decades.”

Zero Hedge

Yeah, that’ll land about as smoothly as a 747 in the Himalayas. Picture Captain Powell, fingers clenched around the yoke, leaning forward, eyes squinting to see through the clouds around Mt. Everest, trying to find an airstrip where he can set down his 747. That’s the ride I want to be on. And, if you think he’s got the skill to do it, remember 2018, which was nothing compared to this Fed episode.

The Big Bond Bubble Breakdown

In the bond realm, the interest trajectory shown above is a rocket ride. I’ve also said that the point where rapidly climbing bond interest is likely to cause serious trouble for stocks was in the 2.25%-2.5% range. Well, we’ve clipped almost to the top of that range in the space of one day; so, we’ll see what happens as that fact gets digested by stock investors; so far they seem to be in a state of denial about what they are seeing; however…

If there are laws of gravity in finance, the equity market is in for a big hurt. That’s because monetary policy is a blunt instrument. As policymakers use traditional and non-traditional monetary policy tools to kill the consumer price inflation cycle, it will hit asset prices hard. Moreover, given the scale of over-valuation, the potential decline in equity prices could rival the “big” ones of years past. So investors should take note: history sometimes repeats itself in the world of finance.

Zero Hedge

That is the scenario I said we’d likely find ourselves feeling this March as soon as the Fed taper brought QE to a close, but it is the bond bubble that I said in last month’s Patron Posts would be the really big deal. The importance of the bond bubble is that all other bubbles attach. In that Patron Post, I described its importance this way:

X-ray: NASA/CXC/MIT/L.Lopez et al; Infrared: Palomar; Radio: NSF/NRAO/VLA, CC BY-SA 4.0 , via Wikimedia Commons

No one has ever seen a universal bond bubble collapse at the center of the entire financial solar system of little and large orbiting nations; so, this is not something we have a clear concept about in terms of its danger, but it is really bonds that are the epicenter (core) of the exploding Everything Bubble. While we are used to stock market crashes being the biggest financial events we’ve seen, they are mere solar flares compared to the core implosion of a global bond bubble. (In a supernova, the core collapses, then the whole, suddenly-compressed star explodes away the solar system around it.)

The collapse of the Everything Bubble will be an economic supernova. Think Lehman Bros. and Bear Stearns and all the rest of what happened to cause the great recession, then raise it an order of magnitude because most of that developed just out of mortgage-backed securities.

The Everything Bubble Bust Pt. 3: The Big Bond Blowup

The bond bubble is the core collapse. Bond rates set mortgage rates, so mortgage rates rise rapidly if the treasuries rise rapidly. Rapidly rising mortgage rates will deflate or collapse the housing bubble. If treasuries reprice rapidly, corporate bonds will reprice because they cannot have lower yields than far safer government bonds. So, then the corporate bond bubble collapses. With the rapid upward pricing of corporate bonds comes the collapse of the corporate zombie bubble because zombie corporations (businesses that only make enough money to cover the interest on their debt) suddenly cannot refinance at the higher interest rates, so they go bankrupt.

Since those corporate bonds were used predominantly to fund stock buybacks, which have been the main fuel for the rapid rise of the stock market for years, then the stock market bubble collapses because buybacks become too expensive to justify compared to when money was practically free. Stocks will fall for other related reasons: The withdrawal of Fed QE that allows bond yields to rise is also the withdrawal of major new money every month that was seeking a place to park and finding that place in stocks. The new money has to go somewhere until it isn’t there anymore to go anywhere. I’ve also pointed out how rising bond yields are an attractant that tends over time to draw money out of stocks (the pump that I’ve mentioned that moves money from the stock pool to the bond pool).

All of that I said was coming before there even was a war; so, it is not caused by the war, but the war certainly will make it all worse. Undoubtedly some — especially the Fed — will be inclined to blame it all on the war, but you’ve read it for months here, so you know it was seen coming long before Putin started promising he would never invade Ukraine.

And, of course, all of this eventually leads to sovereign debt troubles to. In the first Patron Post in this month’s latest series, I wrote,

Putin’s War has certainly increased the number of sovereign debt defaults we are going to see….

Because we keep putting off the pain with new mountains of debt but no structural repairs or redesign to the fundamentals of our complex modern economies, everything I said about bankruptcies and defaults on debts in my Patron Posts about the Everything Bubble Bust has been intensified by the sanctions that have been laid down globally in response to Putin’s War.

Sovereign-debt defaults are now more likely, not less, in nations that will be impacted the worst by these sanctions because they have less capacity to add more debt to carry the burden of the sanctions, especially as some see their credit ratings downgraded due to the collateral economic damage caused by the sanctions.

Epocalypse Revisited Part One: Sanctions Will Intensify Shortages, Spread Starvation and Inflate Inflation All Over the World

What could be worse than all sovereign debts starting to see a rise in interest because nations have ended their QE happening at a time when those nations will be pressed by sanctions to lean more heavily on debt. Now, their need to take on more debt will force their central banks back to QE in order to keep interest rates from killing them, but that just, once again throws them back into those endlessly surging massive debt cycles I wrote about in my little book Downtime and into a hyperinflation trap.

As go bonds, so goes the financial world.

All of this I laid out in detail, explaining the connections, in these Patron Posts. And now we see the big risk of the Big Bond-Bubble Breakdown arising rapidly because the Fed stepped out of the QE bond market this month, and already the mess is piling up in news articles everywhere!

Elites Suggest Price Controls, Dystopian Travel Restrictions To “Manage” Soaring Energy Costs

Before the Russian invasion of Ukraine, Russia supplied the world with one out of every ten barrels of crude consumed. But as the United States, Canada, and Australia have imposed embargoes on Russian crude and some buyers in Europe are halting purchases, the global oil market is facing one of the worst disruptions since the 1973 oil crisis when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC) led by Saudi Arabia declared an oil ban on Western countries for their support of Israel during the Yom Kippur War.

The energy price shock of the mid-1970s led to the reduction of maximum national speed limits from 70 mph to 55 mph. The 21% reduction in speed equated to gas consumption savings.

Now the International Energy Agency (IEA) has proposed similar measures to lessen the oil shock following the Russian invasion of Ukraine and embargoes on Russian crude.

IEA said Western economies could reduce daily oil demand by 2.7 million barrels within four months by restricting how people drive, indicating the move to reduce highway speed could almost offset the 3 million barrel-a-day loss of Russian production for April.

“These efforts would reduce the price pain being felt by consumers around the world, lessen the economic damage, shrink Russia’s hydrocarbon revenues, and help move oil demand to a more sustainable pathway,” IEA said. 

The IEA has unveiled a ten-point action plan it hopes Western countries will implement to curtail oil demand.

1 -Reduce speed limits on highways by at least 10 km/h

Impact*: Saves around 290 kb/d of oil use from cars, and an additional 140 kb/d from trucks

2 – Work from home up to three days a week where possible

Impact: One day a week saves around 170 kb/d; three days saves around 500 kb/d

3 – Car-free Sundays in cities

Impact: Every Sunday saves around 380 kb/d; one Sunday a month saves 95 kb/d

4 – Make the use of public transport cheaper and incentivise micromobility, walking and cycling

Impact: Saves around 330 kb/d

5 – Alternate private car access to roads in large cities

Impact: Saves around 210 kb/d

6 – Increase car sharing and adopt practices to reduce fuel use

Impact: Saves around 470 kb/d

7 – Promote efficient driving for freight trucks and delivery of goods

Impact: Saves around 320 kb/d

8 – Using high-speed and night trains instead of planes where possible

Impact: Saves around 40 kb/d

9 – Avoid business air travel where alternative options exist

Impact: Saves around 260 kb/d

10 – Reinforce the adoption of electric and more efficient vehicles

Impact: Saves around 100 kb/d

Today’s oil price shock could be a redux of the mid-1970s oil crisis as it may suggest price controls are next. Prime Minister of Italy Mario Draghi stated Friday that price controls could be coming to the natural gas markets, likely meaning petrol is next.

Mark Twain once wrote, “history doesn’t repeat itself, but it often rhymes.” Baby boomers who remember the mid-1970s and the pain a commodity shock caused most likely understand today’s turmoil is far from over.

What is lurking dead ahead is stagflation; what may be lurking beyond that is far, far worse.

Source: ZeroHedge

An Economic Hit Man Confesses and Calls to Action (Video)

Ryan DeLarme
September 7th, 2020

John Perkins describes the methods he used to bribe and threaten the heads of state of countries on four continents in order to create a global empire and he reveals how the leaders who did not “play the game” were assassinated or overthrown. He brings us up to date about the way the economic hit man system has spread from developing countries to the US, Europe, and the rest of the world and offers a strategy for turning this around.

“Each of us,” he says, “can participate in this exciting revolution. We can transform a system that is consuming itself into extinction into one that is sustainable and regenerative.” John’s books, including The New Confessions of an Economic Hit Man, have sold over a million copies, spent more than 70 weeks on the New York Times bestseller lists, and are published in more than 30 languages. As Chief Economist at a major consulting firm, his experiences advising the World Bank, UN, IMF, U.S. government, Fortune 500 corporations, and heads of state convinced him to devote his life to facilitating changes in social, political, and economic systems, as well as in general consciousness. He was founder and CEO of a highly successful alternative energy company and is a founder and board member of Dream Change and The Pachamama Alliance, nonprofits dedicated to creating a sustainable, just, peaceful, and thriving world. John’s courage in writing his books and speaking out against his former bosses exemplifies the courage shown by our Founding Fathers and Mothers when they stood up to the British Empire. Like them, John defied threats and bribes and took action. This talk was given at a TEDx event using the TED conference format but independently organized by a local community.

Gold, Silver and the Federal Reserve: a Transitioning Economy

Ryan DeLarme
July 27th,2020

While the world is currently filled with no shortage of crises that hold our daily attention, something even bigger than most folks can even imagine has been taking place in the background. The current Administration, in tandem with countless others, has taken the bull by the horns and nationalized the Federal Reserve banking system, essentially neutering the central bank cartel. They are building an entirely new economy, which will likely be backed by sound money. In fact, evidence heavily suggests that we are already deep in the transitional phase. You’d think the banksters and their corporatocracy would have activated all assets against Trump by now, right? Oh, wait a minute..

Understanding the Federal Reserve Cartel: Our Unelected Leaders

Who owns the private corporation that controls our economy? Well you got your Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome. Many of the bank’s stockholders reside in Europe.

The US government had a historical distrust of BIS, lobbying unsuccessfully for its demise at the 1944 post-WWII Bretton Woods Conference. Instead the Eight Families’ power was exacerbated, with the Bretton Woods creation of the IMF and the World Bank. This is also when we went off the Gold Standard for good.

The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch.

Companies under Rockefeller control include Exxon Mobil, Chevron Texaco, BP Amoco, Marathon Oil, Freeport McMoran, Quaker Oats, ASARCO, United, Delta, Northwest, ITT, International Harvester, Xerox, Boeing, Westinghouse, Hewlett-Packard, Honeywell, International Paper, Pfizer, Motorola, Monsanto, Union Carbide and General Foods, writes Dean Henderson at The Herland Report and Free21. In modern times this would also include most of the technocracy [Google, Facebook, Youtube, etc.]

According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.

So who then are the stockholders in these money center banks?

This information is guarded much more closely. Queries to bank regulatory agencies regarding stock ownership in the top 25 US bank holding companies are given Freedom of Information Act status, before being denied on “national security” grounds. This is rather ironic, since many of the bank’s stockholders reside in Europe.

Almost every country, including the United States, is snared in a Central Banking trap of fiat money and fractional reserve banking. Fiat currency is defined as “money that is intrinsically useless; is used only as a medium of exchange.” The value of money is set by the supply and demand for money and the supply and demand for other goods and services in the economy. The prices for those goods and services, including gold and silver, are allowed to fluctuate based on market forces. 

The seemingly endless stream of fiat currency from fractional reserve banking has also been a wonderful tool, whoever controls the magic money making wand essentially controls the Government. Here in the US that control lays in the hands of a privately owned corporation called the Federal Reserve, it’s board members and those they serve could be seen as “Unelected leaders”. These people control the flow of cash, and with it they control any politician who lacks a conscience, typically by funding them into office.

If we simply returned to a gold standard, we could POTENTIALLY remove the mechanism of power and control held by criminality in the highest places.

The Return of Gold and Silver

It has long been dismissed as a fool’s errand, on par with abandoning the Federal Reserve and other trappings of the modern economy. Mainstream economists deride it almost without exception. Reintroducing the gold standard would “be a disaster for any large advanced economy,” says the University of Chicago’s Anil Kashyap, who connects enthusiasm for it with “macroeconomic illiteracy.” His colleague, Nobel laureate Richard Thaler, struggles with its very underlying principle: “Why tie to gold? Why not 1982 Bordeaux?”

Yet the idea that every US dollar should be backed by a small amount of actual gold is more popular than economists’ opinions might suggest. Advocates include members of Congress and president Donald Trump. Enthusiasm for a return to the gold standard has become more prominent since Trump’s most recent nominees to fill the vacant Federal Reserve governorship have endorsed a return. The first two—Herman Cain and Stephen Moore—both dropped out of consideration, but the third, economist Judy Shelton, announced recently in a Trump tweet, may be the most ardent in her support.

Last year, Shelton called for a “new Bretton Woods conference,” akin to the 1944 meeting that established the post-war economic order, perhaps to be held at Mar-a-Lago, where a return to the gold standard could be considered. “We make America great again by making America’s money great again,” she wrote in the journal of the Cato Institute, a libertarian think tank.

Since 2011, at least six states have passed laws recognizing gold and silver as currency; another three are presently contemplating bills of their own. The surprising success of Ron Paul, a Texas Republican Congressman and ardent gold bug, in the 2008 and 2012 elections showed the potency of these ideas among the electorate. In its 2012 and 2016 campaign platforms, the Republican Party called for a commission to investigate the viability of a return to a gold standard system. The Republican-controlled House of Representatives passed a bill including such a commission in both 2015 and 2017, but both times the proposals died in the Senate. Last year, Alexander Mooney, a Republican representative from West Virginia, took that a step further when he introduced a bill proposing a full-on return to the gold standard. (The bill has no cosponsors and, unsurprisingly, has gone nowhere.)

Today, with inflation unusually low and stable, the gold standard is a tougher sell than it once was. But as trust in American institutions wanes, there is renewed support for money backed by something tangible, not the say-so of the government. If inflation picks up once again, a solid base of gold standard evangelists is ready to take it mainstream. That a supporter of the gold standard may yet wind up on the Fed’s board of governors is yet more evidence that the idea’s prospects are shining brighter than they have in many years .

How the gold standard works

Money depends on trust—the faith that it will hold its value so that, when the time comes to spend it, it will be accepted without question in exchange for what the holder expects it to be worth. Inflation eats away at that value. 

In modern times, governments are often a culprit behind inflation. Since they enjoy a monopoly on printing money, they can issue new currency at virtually no cost. But governments are run by vote-seeking politicians, who might print more money to juice short-term growth needed to win re-election, inadvertently causing inflation to flare up later. This quandary isn’t theoretical, and has happened with surprising frequency throughout history. To cite a recent, prominent example, US president Richard Nixon bent to this temptation (pdf) during his 1972 re-election campaign—contributing to the breakout of inflation that ravaged the American economy throughout the 1970s and early 1980s.

There’s a seemingly easy fix: Take the power of money creation out of the hands of politicians. According to the monetarist theory popularized by economist Milton Friedman in the 1970s, preventing inflation requires fixing the supply of money. The gold standard, by limiting the dollars the government can print to the weight of gold it holds in reserves, is one way of doing so.

The US adopted the gold standard in 1879, when Congress finally followed Britain, Germany, France, and other advanced nations. By holding national currencies stable against gold, the international embrace of the gold standard encouraged foreign investment and facilitated trade, giving rise to the first era of intense globalization.

Here’s a very cartoonish version of how it worked: The US Treasury agreed to redeem a set weight of gold in exchange for a fixed number of dollars, and vice versa. During the classical gold standard era—from 1879 to 1914 in the US—one troy ounce of gold fetched $21.

The gold standard’s discipline came from the fact that the government had to be sure it held the necessary volume of gold in reserve, in case anyone wanted to exchange dollars for a set amount of the shiny metal. If it printed more money than it held in gold reserves, the state risked hyperinflation or causing a financial crisis by shattering faith in the solidity of its currency.

In theory, the gold standard, therefore, limits government spending to only what it can raise in taxes or borrow against its gold reserve, and prevents it from simply printing money to pay its debts. It also takes power over the money supply away from central bankers. Indeed, it might render central banks mostly unnecessary. Bear in mind that for most of the classical gold standard era, the US didn’t have a central bank, which was introduced in 1913.

Signs of the “Transitional Economy”

Since President Trump has come into office he started to set this up, he got rid of the TTP, put Tariffs on China, reworked NAFTA, began deregulation’s (roughly 25’000 regulations!), working with India and other allies to decouple from China, helping BREXIT with trade deals outside of the EU, the list goes on and on and would be unrealistic to be comprehensive here as each week we see more evidence. The Senate Judicial committee has given the green light to Judy Shelton to be on the board of directors. Shelton’s been very vocal about the switch to sound money, and part of her plan was to absorb the FED into the national treasury, returning the power to the United States and not it’s international bankster progenitors.

The NYT (a globalist propaganda rag, track back to the CFR and other elite international think-tanks) was quick to seed people with doubt against her, reporting:

“…One question that analysts are pondering is what version of Miss Shelton will show up to work at the FED if she gets the job? A Gold Standard proponent or not? A supporter of lower rates, as she has been during Trumps administration or an inflation hawk?”

-New York Times

They seem concerned about what she is going to do, and they probably should be. We will be covering this going forward as it is a huge crux in the silent war. Keep an eye on Gold and Silver.

World Economic Forum: The Institution Behind “The Great Reset”

Steven Guinness
July 9th, 2020

In a recent article I briefly examined a number of advances that global planners made prior to the World Economic Forum’s announcement in June of a new initiative dubbed ‘The Great Reset‘. Taken together, the United Nation’s Agenda 2030, the Paris Climate Agreement, the Fourth Industrial Revolution and the Bank for International Settlement’s ‘Innovation BIS 2025‘ offer an insight into how elites want to turn the lives of every man, woman and child inside out over the course of the next decade.

Details of ‘The Great Reset‘ came as nations began to reopen their economies following a global lockdown. The extent to which Covid-19 has dominated every facet of existence – largely because of unrepentant media coverage – has encouraged people to focus exclusively on what life will be like after the virus. For many, what came before now seems inconsequential. It is anything but.

For example, three months before Covid-19 took hold, a global pandemic exercise – ‘Event 201‘ – was held in New York City which simulated the outbreak of a coronavirus that originated in Brazil. The scenario focused on a novel zoonotic virus that ‘transmitted from bats to pigs to people that eventually becomes efficiently transmissible from person to person, leading to a severe pandemic.’ Whilst initially some countries managed to control the outbreak, it ended up spreading and ‘eventually no country can maintain control‘.

The simulation culminated at the eighteen month mark with 65 million people having died and severe economic and societal repercussions. But that was not the end of it. As the scenario explained, ‘the pandemic will continue at some rate until there is an effective vaccine or until 80-90 % of the global population has been exposed. From that point on, it is likely to be an endemic childhood disease.’

Event 201 also used the exercise as an opportunity to warn that ‘the next severe pandemic will not only cause great illness and loss of life but could also trigger major cascading economic and societal consequences that could contribute greatly to global impact and suffering.’

That pandemic arrived in the shape of Covid-19, just weeks after the conclusion of Event 201.

On examining the make up of Event 201, we find that the three institutions at the forefront of the simulation were the World Economic Forum, the Johns Hopkins Center for Health Security and the Bill and Melinda Gates Foundation.

It is through the WEF that ‘The Great Reset‘ was launched, in what the group said was in response to Covid-19. Johns Hopkins has been the go to source for the number of global infections and deaths thanks to their newly established ‘Coronavirus Resource Center‘. And then you have The Bill and Melinda Gates Foundation which has been a driving force behind efforts for a vaccination to be found and disseminated worldwide.

Event 201 consisted of fifteen ‘players‘ that represented, amongst others, airlines and medical corporations. Out of these fifteen, six are direct partners of the World Economic Forum. One is the Bill and Melinda Gates Foundation, with the other five being Marriott International (hospitality), Henry Schein (medical distribution), Edelman (communications), NBCUniversal Media and Johnson & Johnson.

o be clear, these organisations do not all operate at the same level within the WEF. For instance, the Bill and Melinda Gates Foundation and Johnson and Johnson are ‘Strategic Partners‘, the highest stage for a participant. Only 100 global companies are Strategic Partners, and to qualify for an invitation they must all have ‘alignment with forum values‘. Not only that, but Strategic Partners ‘shape the future through extensive contribution to developing and implementing Forum projects and championing public-private dialogue.’

Beneath the Strategic Partners are the ‘Strategic Partner Associates‘, which is the category that NBCUniversal Media fall under. Strategic Partner Associates include some of the largest businesses in the world, who are ‘actively involved in shaping the future of industries, regions and systemic issues‘. According to the WEF, associates also believe in ‘corporate global citizenship‘.

Next come the ‘Partners‘ which comprise of Marriott International, Henry Schein and Edelman. Partners are described by the WEF as ‘world class companies‘ who possess a ‘strong interest in developing systemic solutions to key challenges‘.

Finally, there are the ‘Associate Partners‘. Whilst they participate in ‘forum communities‘ and have a ‘strong interest in addressing challenges affecting operations and society at large‘, none were present at Event 201.

Every major industry in the world, be it banking, agriculture, healthcare, media, retail, travel and tourism, is directly connected to the World Economic Forum through corporate membership.

What is evident is that the deeper a corporation’s ties with the WEF, the greater its ability to ‘shape‘ the group’s agenda. Which brings us to what the WEF call their Strategic Intelligence platform – the mechanism which brings all the interests that the WEF concentrate on together.

They describe the platform as ‘a dynamic system of contextual intelligence that enables users to trace relationships and interdependencies between issues, supporting more informed decision-making‘.

As for why the WEF developed Strategic Intelligence, they say it was to ‘help you (businesses) understand the global forces at play and make more informed decisions‘.

Growing the platform is an ever present goal. The WEF are always looking for new members to become part of Strategic Intelligence by joining the ‘New Champions Community‘. But they will only allow a new organisation on board if they ‘align with the values and aspirations of the World Economic Forum in general‘. A 12 month ‘New Champions Membership‘ comes in at €24,000.

In arguing for the relevance of Strategic Intelligence, the WEF ask:

How can you decipher the potential impact of rapidly unfolding changes when you’re flooded with information—some of it misleading or unreliable? How do you continuously adapt your vision and strategy within a fast-evolving global context?

In other words, Strategic Intelligence is both an antidote to ‘fake news‘ and an assembly for corporations to position themselves as global pioneers in a rapidly changing political and technological environment. That’s the image they attempt to convey at least.

We can find more involvement from global institutions via Strategic Intelligence. The platform is ‘co-curated with leading topic experts from academia, think tanks, and international organizations‘.

Co-curators‘ are perhaps the most important aspect to consider here, given that they have the ability to ‘share their expertise with the Forum’s extensive network of members, partners and constituents, as well as a growing public audience‘.

It is safe to assume then that when co-curators speak, members and partners of the World Economic Forum listen. This in part is how the WEF’s agenda takes shape.

Who are the co-curators? At present, they include Harvard university, the Massachusetts Institute of Technology, Imperial College London, Oxford University, Yale and the European Council on Foreign Relations.

It was the Massachusetts Institute of Technology that in March published an article titled, ‘We’re not going back to normal‘, just as Covid-19 lockdowns were being implemented worldwide. Citing a report by fellow co-curator Imperial College London that endorsed the imposition of tougher social distancing measures if hospital admissions begin to spike, MIT proclaimed that ‘social distancing is here to stay for much more than a few weeks. It will upend our way of life, in some ways forever.’

As well as co-curators there are what’s known as ‘Content Partners‘, who the WEF say are ‘amplified by machine analysis of more than 1,000 articles per day from carefully selected global think tanks, research institutes and publishers‘.

Content partners include Harvard university, Cambridge university, the Rand Corporation, Chatham House (aka the Royal Institute of International Affairs), the European Council on Foreign Relations and the Brookings Institution.

Getting into specifics, the way Strategic Intelligence is structured means that the higher your position in the corporate fold, the more ‘platforms‘ you can be part of. Whereas Strategic Partners must be part of a minimum of five platforms, Associate Partners only have access to a single platform of their choice.

Here is a list of some of the platforms hosted by the World Economic Forum:

  • COVID Action Platform
  • Shaping the Future of Technology Governance: Blockchain and Distributed Ledger Technologies
  • Shaping the Future of the New Economy and Society
  • Shaping the Future of Consumption
  • Shaping the Future of Digital Economy and New Value Creation
  • Shaping the Future of Financial and Monetary Systems
  • Shaping the Future of Technology Governance: Artificial Intelligence and Machine Learning
  • Shaping the Future of Trade and Global Economic Interdependence
  • Shaping the Future of Cities, Infrastructure and Urban Services
  • Shaping the Future of Energy and Materials
  • Shaping the Future of Media, Entertainment and Culture

As we will look at in a follow up article, ‘The Great Reset‘ is made up of over 50 areas of interest that are formed of both ‘Global Issues‘ and ‘Industries‘, which in turn are all part of the WEF’s Strategic Intelligence platform.

Corporate membership is essential for the World Economic Forum to spread its influence, but in the end every single member is in compliance with the agenda, objectives, projects and values of the WEF. These take precedent over all else.

Also in concurrence with the WEF are the organisation’s Board of Trustees. Three of these include the current Managing Director of the IMF, Kristalina Georgieva, European Central Bank President Christine Lagarde and former Bank of England governor Mark Carney. The Trilateral Commission are also represented amongst the trustees through Larry Fink and David Rubenstein.

To add some historical context to the WEF, the group dates back to 1971 when it was originally founded as the European Management Forum. At the time the conflict in Vietnam was raging, social protest movements were building and the United States was about to relinquish the gold standard. By 1973 when the post World War Two Bretton Woods system collapsed and the Trilateral Commission was formed, the Forum had widened its interest beyond just management to include economic and social issues. From here onwards political leaders from around the world began to receive invitations to the institution’s annual meeting in Davos.

The World Economic Forum is classified today as the ‘International Organisation for Public-Private Cooperation‘, and is the only global institution recognised as such. It is in this capacity that the forum ‘engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.’

Like how the Bank for International Settlements acts as a forum to bring central banks together under one umbrella, the WEF plays the same role by uniting business, government and civil society.

The WEF declare themselves as being a ‘catalyst for global initiatives‘, which is accurate considering ‘The Great Reset‘ agenda originates at the WEF level. And it is initiatives like ‘The Great Reset‘ and the ‘Fourth Industrial Revolution‘ which the WEF say are distinguished by ‘the active participation of government, business and civil society figures‘.

The Fourth Industrial Revolution (4IR) narrative was developed out of the World Economic Forum back in 2016. The WEF have confidently asserted that because of 4IR, ‘over the next decade, we will witness changes tearing through the global economy with an unprecedented speed, scale and force. They will transform entire systems of production, distribution and consumption‘.

Not only that, but the world is on the verge of witnessing ‘more technological change over the next decade than we have seen in the past 50 years.’

The group now plan to use ‘The Great Reset‘ as their theme for the 2021 annual meeting in Davos as a vehicle for advancing the 4IR agenda. 4IR is marketed as a technological revolution, where advancement in all the sciences ‘will leave no aspect of global society untouched.’

And like their global counterparts, such as the BIS and the Trilateral Commission, the WEF nurture their agenda gradually and seek to maintain their focus on the long term rather than ‘the emergencies of the day‘.  In their own words, ‘success is measured not only in terms of immediate results – we understand that real progress takes time and sustained commitment.’

For my next article we will look into the specifics of ‘The Great Reset‘ agenda as well as what global planners are seeking to achieve out of Covid-19.

Read full story here…

Sourced from Technocracy News & Trends

How We Got Here: The Global Economy’s 75-Year Stumble To The Precipice

Tyler Durden
July 5th, 2020

How did the global economy end up teetering on a precarious financial precipice? To formulate a cogent answer, let’s take a whirlwind tour of the history of the global economy 1946-2020.

Before we start the tour, I want to return briefly to my first Musings of the year, which was posted on January 4, 2020, before Covid-19 was officially announced on January 23, 2020.

Instability Rising: Why 2020 Will Be Different:
“Economically, the 11 years since the Global Financial Crisis of 2008-09 have been one relatively coherent era of modest growth, rising wealth/income inequality and coordinated central bank stimulus every time a crisis threatened to disrupt the domestic or global economy.

This era will draw to a close in 2020 and a new era of destabilization and uncertainty begins.”

The long-term trends set up a row of dominoes that the pandemic has toppled. But any puff of air that toppled the first domino would have toppled all the dominoes of fragility, instability and unsustainable extremes that characterize the global economy.

The whirlwind tour of the global economy’s history must include these essential dynamics: energy, currencies, globalization, debt and financialization, which broadly speaking refers to everything that renders finance (borrowing, leverage, speculation) more profitable than actually generating goods and services.

The “glorious thirty” (Les Trente Glorieuses) years from 1946 to 1975 were decades of rising prosperity in the developed world (Europe, Japan, North America) and rapid development in the first tier of developing countries in Southeast Asia and elsewhere. (Decolonized nations and China struggled with political, social and economic turmoil.)

Costs were low for fuel, housing, food, healthcare, education, etc. as rebuilt industrial bases produced lower cost goods and oil/natural gas were cheap. The global currency market was stable as the U.S. dollar was pre-eminent, enabling Japan and Western Europe to sell their goods to America at discounted prices due to the strong dollar. This policy was explicitly designed to strengthen the economies of allies faced with the threat of the Soviet Union’s global ambitions.

The “glorious thirty” were also decades of rising wages and affordable, modestly growing credit and low inflation as the money supply expanded more or less in tandem with the expansion of goods and services and credit.

The wheels fell off in the 1970s as the oil-exporting nations muscled energy prices higher to gain a share of the profits, the gold-backed US dollar regime fell to pieces and inflation skyrocketed, generating a previously unknown economic malaise known as stagflation: high inflation plus stagnant growth.

At this same juncture, the external costs of industrial pollution finally came due, and global competition from lower-cost nations (helped by currencies that traded at deep discounts to the US dollar) crushed inefficient industries in the U.S. and Europe.

The 1980s saw a resurgence of growth, but with a different mix of sources. Demographically, the global postwar Baby Boom generation entered their highest productivity and spending years, boosting global demand, the supermassive new oil fields discovered in the early 1970s finally came online (Alaska, North Sea, West Africa), dramatically lowered the price of oil while soaring interest rates crushed inflation and wrung bad debt out of the developed economies, Developing nations that had struggled in the 1970s finally found their footing (India, China, South America, etc.)

The steep investment in reducing pollution began paying off and the first wave of financialization boosted mergers, buyouts and asset prices.

The 1980s was capped by the decline and fall of the Soviet Union, eliminating the costly military rivalry of the Cold War, and the collapse of Japan’s massive credit/asset bubble in 1989-90–a warning sign that was ignored as a one-off.

The 1990s continued the trend of global growth, aided by low inflation, cheap energy, expanding globalization and the mass commercialization of the Internet and computing, as technologies that were once expensive and difficult to use became affordable and accessible.

The Neoliberal ideology –that the way to solve virtually any problem, from poverty on up, is to turn everything into a global market of freely traded labor, capital, goods and services– became the default global economic faith, with some variations (a market economy with Chinese characteristics, etc.)

The 1990s was capped by the emergence of China as the manufacturing hub of the global economy, a role that was institutionalized by China’s acceptance into the WTO, and the bursting of the Dot-Com bubble in March 2000.

As globalization and financialization became dominant forces (the natural result of Neoliberalism), instabilities appeared in currency markets (the Thai baht / Asian contagion of the late 1990s) and asset markets (the Dot-Com stock market bubble). Japan’s recovery from the credit bubble collapse faltered, ushering in 30+ years of stagnation, leading to an overlooked social decay with extraordinary demographic and economic consequences that are still playing out.

As the global economy reeled from these instabilities in 1998-2000, central banks flooded asset markets with newly created currency, the goal being to stave off a recession, which burns off bad debt, marginal investments and companies, reducing credit expansion and consumption.

Rather than accept the risks of a conventional business-cycle recession, central banks pushed financialization to new heights–heights which quickly distorted markets.

As a result, the growth of the 2000s was different: in effect, central banks had created a credit/asset-bubble dependent economy, with growth coming not from lowering costs, improving productivity and rising wages, but from speculations in financialized markets.

This was simply the logical extension of Neoliberalism: if existing markets weren’t profitable enough, then create new markets for new exotic financial instruments and lower the cost of borrowing to spur consumption and investment.

The benefits of these financial instruments were asymmetric: those originating these instruments made billions, while the borrowers taking on the subprime mortgages, etc. were accepting risks they didn’t understand. This dynamic fueled soaring wealth/income inequality.

Apparently unbeknownst to central bankers, super-low interest rates and abundant liquidity didn’t spur investments in increasing productivity, it incentivized highly leveraged speculative bets. This manifested in subprime mortgages funding house-flipping by the masses and the origination of exotic financial instruments such as CDOs and CLOs.

Ultimately, the central banks’ no-holds-barred Neoliberalism led to the Global Financial Crisis (GFC) of 2008-09, as the risks that were supposedly hedged blew up and the markets froze up (i.e. markets became illiquid as buyers vanished).

As former Fed Chair Alan Greenspan admitted, the central banks failed to see that markets are not as self-regulating as the Neoliberal faithful believed: when bubbles pop, buyers vanish and markets go bidless/illiquid: sellers are desperate to sell but there are no buyers at any price.

This was the inevitable end-game of financialized, globalized Neoliberalism, and rather than face that reality, central banks and policy-makers double-downed on the same policies that created the 2008 bubble that was destined to pop with horrific consequences to everyone who had a stake in any of the casino’s games.

We now come to the 2010s, in which financialization and globalization essentially conquered the global economy, leading to the brittle fragilities that are now unraveling.

With the cost of living rising and wages stagnating, the “solution” was to borrow $10 to get $1 of growth. Since global markets were saturated with debt and risk, lenders cannibalized domestic markets, loading college students with $2 trillion in student loans and enabling a fracking “miracle” that was less an energy miracle and more a financial miracle as companies that lost billions continued to get cheap loans and sell bonds.

The global economy is now teetering on a precipice in every sector: energy extraction costs have risen, requiring higher prices for oil, but consumers whose wages have stagnated for 20 years can no longer afford higher prices for oil or anything else.

Globalization has optimized profits at the expense of everything else: ecological sustainability, the security of food and energy sources, etc., while financialization has gutted the real economy in an extraction process that concentrates all the gains into the hands of the few at the top of the financialization/globalization pyramid: a winners-take-most economy that has corrupted and distorted the political and social orders.

All the critical dynamics–energy, currencies, globalization, debt and financialization–have reached extremes that made destabilization–i.e. a tumble into collapse–inevitable.

What happens when the naive hope that the brittle, fragile extremes of the global economy could be completely restored to mid-2019 levels dissipates and is replaced by the sober realization there not only will there not be a recovery, but there can’t be a recovery, as those brittle extremes have been lost for good?

Since the authorities have no Plan B, uncertainty, risk and volatility could reach extremes few anticipate as Plan A–push extremes to even riskier extremes–generates increasingly consequential unintended consequences.

The unstable, brittle edge of the precipice is giving way, and there is nothing but air below.

A Quarter Of All Personal Income In The US Now Comes From The Government

Tyler Durden

Following today’s release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two key series, which showed a record jump in personal spending (to be expected one month after the savings rate in the US hit a whopping 32% annualized), and a record drop in personal income (as government benefits and stimulus checks slowed substantially).

But while the change in the headline data was indeed notable, what was far more remarkable was less followed data showing just how reliant on the US government the population has become.

We are referring, of course, to Personal Current Transfer payments which are essentially government sourced income such as unemployment and emergency benefits, welfare checks, and so on. In May, this number was $5.3 trillion annualized, following the record $6.4 trillion hit last month when the US government activated the money helicopters to avoid a total collapse of the US economy.

Even more striking, is that as of May when total Personal Income was just shy of $20 trillion annualized, the government is now responsible for over a quarter of all income.

Putting that number in perspective, in the 1950s and 1960s, transfer payments were around 7%. This number rose in the low teens starting in the mid-1970s (or right after the Nixon Shock ended Bretton-Woods and closed the gold window). The number then jumped again after the financial crisis, spiking to the high teens.

And now, the coronavirus has officially sent this number into the mid-20% range, after hitting a record high 31% in April.

And that’s how creeping banana republic socialism comes at you: first slowly, then fast.

So for all those who claim that the Fed is now (and has been for the past decade) subsidizing the 1%, that’s true, but with every passing month, the government is also funding the daily life of an ever greater portion of America’s poorest social segments.

Who ends up paying for both?

Why the middle class of course, where the dollar debasement on one side, and the insane debt accumulation on the other, mean that millions of Americans content to work 9-5, pay their taxes, and generally keep their mouth shut as others are burning everything down and tearing down statues, are now doomed.

The “good” news? As we reported last November, the US middle class won’t have to suffer this pain for much longer, because while the US has one one of the highest median incomes in the entire world, with only three countries boasting a higher income, it is who gets to collect this money that is the major problem, because as the chart also shows, with just a 50% share of the population in middle-income households, the US is now in the same category as such “banana republics” as Turkey, China and, drumroll, Russia.

What is just as stunning: according to the OECD, more than half of the countries in question have a more vibrant middle class than the US.

So the next time someone abuses the popular phrase “they hate us for our [fill in the blank]”, perhaps it’s time to counter that “they” may not “hate” us at all, but rather are making fun of what has slowly but surely become the world’s biggest banana republic?

And as we concluded last year, “it is not Russia, nor China, nor any other enemy, foreign or domestic, to blame… except for one: the Federal Reserve Bank of the United States.”

A Resource-Based Economy and Two Roads to the Future: Service-to-Others or Service-to-Self

Mickey Megistus,
June 6th, 2020

If you’re doing the research (and the proper spiritual inner-work) while looking at all the pieces on the board, you can see, and verify, that humanity is currently making its gradual transition to a resource-based economy where money will no longer be needed.

The important thing to realize is that there are two distinct ways this goal is being reached.

And both of these ways are playing themselves out simultaneously at this very moment.

If we compare this to the Law of One material, we could say there is a “service-to-others” method of reaching our destination or a “service-to-self” method, which we will explore in more detail later on. But to set the stage, we should begin with understanding how we got here, economically and governmentally speaking.

Money, Capitalism, and Government

As far as “capitalism” is concerned, in the truest sense of the word, we’ve actually never had it. What we’ve had instead has been crony capitalism or corporate socialism pretending to be capitalism. And the thing is, capitalism was only meant to be a transitory economic system in the first place, same goes for the monetary system in general.

Money, as we understand it on earth, was a phenomenon that came into existence because of scarcity. It functioned not only as a measurement of value, but as a substitute for bartering when you couldn’t immediately exchange one good directly for another. Capitalism created a monetary incentive for developing the best quality product, with maximum benefit and longevity. From food to clothing to appliances, that was how it was intended to function, until eventually, we came to exist in a society of abundance with a resource-based economy and money was no longer needed.

Resource Based Economy, money, government service to others or service to self

The problem was that oligarchies and monopolies saw money as a means to enslave people, retarding their growth and evolution to keep them stuck on a hamster wheel. They corrupted the monetary system with a fraudulent debt-based economy and hoarded natural resources to perpetuate scarcity, which was ultimately an illusion. Any innovation or technology that had the potential of breaking us free from this corrupt system was deliberately suppressed. Individual rights and freedoms were progressively stripped away by the elite until “We the People” became the central commodity.

Alternative governmental structures like “socialism” and “communism” were impressed upon those who were naïve enough to think that those structures could actually work while there was a corrupt monetary system at play. All it did was strengthen the elite’s ability to siphon even more wealth from the population and exert more coercive control. So long as we are attached to a fraudulent monetary system based on the illusion of scarcity, none of these governmental structures would function properly.

Two Roads to the Future: Technocracy or RBE

It is important to recognize that the choice on which way, which reality, which timeline, you’d like to attract (and participate in) is entirely up to you and what you choose to focus on.

If we were talking about the concept of “harvest” (ascension) in the Law of One material, then in this same regard, it would be your choice of moral/spiritual polarity (service-to-others or service-to-self) which determines the ultimate outcome of where you go as the planet moves into a higher dimensional reality (from 3rd density to 4th density).

The first way, which we could dub the service-to-others method, is through the reinstitution of free-market capitalism. This could lead to a resource-based economy. Transitioning to currencies backed by precious metals is a step in the right direction. A free-market economy (where corporate oligarchies and monopolies are prevented from violating the people’s rights and freedom of choice) would be able to kick-start our society on a pathway towards abundance and true liberty. But vigilance would be required; we cannot allow governments or corporations to do things for us without independent third-party oversight.

A return to a constitutional republic would be complimentary with this free-market system because it is a limited government, resigned only to protecting and safeguarding the rights and freedoms of the individual (which is paramount). The term “government” should be synonymous with “The People.” Any government that serves the interest of the banks and commercial law over the will of “The People” is no real government, and should be abolished.

In short, a constitutional republic with free-market capitalism would be an adequate means of honoring the service-to-others path because it allows for cooperative networking and mutual benefit to unfold. This provides humanity with a voluntary society whereby the greatest opportunity of advancement for the greatest number of people is achieved until money (and scarcity) is readily transcended.

Now, the second way (that the ruling elite prefers) would be the service-to-self method, which is through gradual technocratic/communistic enslavement, whereby citizens are forced to participate in a society that is ultimately transhumanistic and controlled by a malevolent AI system. This is the opposite of the true resourced-based economy ideal. In this vein, the service-to-self path would be secured by creating a “predator/prey” or “master/slave” hierarchy in which a hive-mind system could be implemented. Through this hive-mind, all beings/entities would “know their place” in the power structure (similar to that of the Draco reptilians/Orion group in the negative higher densities).

If you think this second way is absurd, then it probably means you’re not comprehending how this current pandemic and subsequent lockdown is being manufactured by the elite (through their Deep State apparatus) to coerce humanity into giving up more of their rights and freedoms (including mandatory vaccines and increased monitoring/regulation via technology).

If you aren’t familiar, I’ll let Amazing Polly bring you up to speed with this video…

For those believing that the “release” of this engineered and patented virus (SARS-CoV-2) was the elite’s endgame goal, you are actually mistaken.

If you pay attention to the previously engineered and patented diseases of the past, you’ll find that first they “market” an outbreak to the public by scaring everyone with 24/7 MSM coverage, phony contagion models, skewed statistics, and contaminated testing in order to push their ultimate solution: to get people vaccinated.

Then all the engineering and tinkering they’ve done on said disease (for eugenics purposes) will be injected into the population. This will also cause the illness to return every season like a flu shot does (keeping people sick for profitability). If the ruling elite can use the corrupt medical industrial complex (WHO/CDC/big pharma) to finally make vaccinations mandatory, then mandatory RFID chips will be the next step.

Luckily for us, a lot of this agenda is getting exposed despite all the social media censorship.

Side note: It has just come to this writer’s attention that President Trump is crafting an executive order to prohibit social media censorship (so they cannot act as a publisher of content). That’s another win for those who are constantly getting silenced for exposing the truth on social media.

I suggest that everyone take a gander at Microsoft’s patent WO2020060606 (666?) discussing a cryptocurrency system that uses body activity data.

In essence, it’s a biometric that can use your muscle movement, your radiant heat, organ activity, pulse rate and brainwaves as a measurement of energy to “mine” cryptocurrency. This is every technocrat’s wet dream. It’s a false resource-based economy where YOU could eventually become the central resource/currency, and your labor forcibly required.  And of course, the person connected to both the mandatory vaccination and biometric agenda is Bill Gates (but let’s not forget that a lot of this AI/transhumanism agenda is also funded/supported by George Soros, Elon Musk, the Rothschilds etc).

Along with Microsoft, we find a patent from AT&T concerning routing policies for biological hosts. The patent claims: “As one person’s intrahost networks are addressable, different people and animals may conduct interhost communications. In more simple terms, one person’s brain may control another person’s body and vice-versa.”

And let’s not forget that projects like Deep Dream and Deep Mind are already weaponizing AI against the population. Cyrus A. Parsa delves into many of the AI dangers, including the weaponization of 5G and also what he calls “micro-botic terrorism.” These topics are intricately connected to biological warfare and the current pandemic. Link to his website The AI Organization.

So if all of this doesn’t sound like the beginnings of a transhumanistic hive-mind system to you, then nothing will. Again, we must remember there is always a choice present…

Book The Dark Path: Conspiracy Theories of the Illuminati & Occult Symbolism in Pop Culture, the New Age Alien Agenda & Satanic Transhumanism

A World Dividing

It appears that not everybody is agreeing with the current “management” of this pandemic. If you notice, the Trump Administration dropped the Covid-19 contagion model and has officially ceased US funding and is terminating relations with the WHO (which in reality is a monumentally good thing). Without US aid, the largest contributor and funder of the WHO is none other than Bill Gates.

What most people don’t seem to understand is that right now (on the public stage) the field of medicine is the central arena in which humanity decides (individually and collectively) either technocratic/communistic enslavement or a return to a society of freedom and voluntarism.

Notice how the lockdown procedures are being handled by each state in the US rather than the federal government. This goes back to how the constitution was originally set up. The hierarchy of power goes from the bottom up, from the individual (having the most power), then to the county, to the state, and lastly to the federal government. This is how symbiotic, egalitarian power structures function in order to maximize freedom of will in service-to-others (much like how things operate in the positive higher densities).  Of course, this doesn’t mean all governors are going to respect the rights of the citizens and refrain from enforcing unconstitutional edicts, but it also doesn’t mean that corrupt governors will get away with it either.

mandatory vaccination, coronavirus, resource based economy

The MSM and the medical-industrial complex want to make you think that the only solution for this pandemic is social distancing, quarantine, mandatory vaccinations, more monitoring and regulation via technology etc. If you can see past the conflated statistics, biased academia, the fear, and the psychic driving of “orange man bad” you will notice that alternative medical treatments are being revealed to the public.

Chloroquine and hydroxychloroquine (used in conjunction with zinc) have been referenced due to their prior success and beneficial qualities:

Yet a recent VA non-clinical trial was quick to conduct a very questionable study to which they found no benefit. This was absent of any use of zinc or other helpful vitamins (like C and D).

More alternatives are being introduced, including intravenous ozonehydrogen peroxidechlorine dioxide and ultraviolet treatments, which of course are going to be demonized and downplayed as well. These therapies have been known for a long time, but the reason we never hear about them (or use them) is because they are cheap and effective. This would cut down on the billions (if not trillions) of dollars in profit made by the medical-industrial complex (which directly serves the ruling elite).

The ruling elite’s hierarchy of power is centralized rather than decentralized, moving from the top down (just as it is in the negative higher densities). Those at the top function as an apex predator that parasitizes or “feeds” upon the lower class. And their strategy has always been to keep humanity dumb, sick and poor. It is their unholy trinity of control, founded largely in part by Rockefeller education and medicine.  When we begin to take back control of our health and break away from the medical-industrial complex, we will take a very strong step forward in reclaiming our freedom and power (both physically and spiritually).

Related Hydroxychloroquine–Number Of Prescriptions Explodes In France

A Global Retake

The problem with “globalism” (as it stands today) is sort of like putting the cart before the horse.

We are currently being coerced into a one-world government through economic, political (and even medical) manipulations. It would be prudent for each respective country to “get its shit together” first. This starts with a systematic purging of economic, political, and medical corruption (this may take time). After rule of law is restored, transition into a global, scientifically-motivated (and spiritually-motivated) society happens naturally.

Society (just like globalism) should always be voluntary, not compulsory. As disclosure and transparency progress, countries around the world are now seeing that central banks, the UN and the EU are not very honest and functional governing systems.

For those individuals and nations that understand what freedom necessitates, they will want to take a few steps back from “globalism” before they move forward in the wrong direction. There will be others secretly desirous for enslavement as their end goal, and so they will be fast-tracking the globalist agenda with breakneck speed.

Book The 72 Sigils of Power: Magic, Insight, Wisdom and Change

After the Scamdemic

We can already see in the US that the pandemic agenda is losing its steam on the public stage as more states open back up. This doesn’t indicate the elite are giving up, far from it. In fact, we are already having manufactured civil unrest (likely orchestrated by George Soros) in opening states like Maryland and elsewhere to keep the fear and destruction/distraction alive and well.

We also know that the Deep State (working ostensibly through the DNC) needs to rid itself of presidents like Donald Trump in order for their agenda to truly succeed.  They want to keep these states in an extended lockdown by any means necessary so it can be politicized for the presidential election in November. The Deep State needs a narrative to use mail-in ballots with no voter-ID so the process can be rigged to swing massive votes in liberal states (ballot harvesting = fraud).

resource based economy, plandemic coronavirus covid-19, bill gates

Of course, it’s of this writer’s opinion that it will not succeed; I’m just relaying the “bad guys” playbook so everyone understands the threat was never about a pandemic. It’s always been about corrupt politicians and government officials who are desperately trying to stop what’s coming (think indictments, think Obamagate, think crimes against humanity). With many months ahead until November and the pandemic already fading fast, rest assured the Deep State and MSM will be pulling out all the stops, engineering many more false flag shootings, riots, disasters etc. Anything they can, they are fighting for their lives.  Keep in mind, I mentioned in a previous article that the FED is now being controlled by the US Treasury, which is a huge step towards transitioning away from this fraudulent debt-based economy we’ve had since 1913.

Final Recap

So to reiterate, the choice to focus on what reality or timeline you want to attract is on you.

Any person who is truly looking at all the pieces on the board can perceive that there is a service-to-others path and service-to-self path vying for your participation at this very moment. If you want to give in to your fear or cynically believe that everything is just a trap within a trap within a trap, that’s entirely up to you, just don’t waste your time (or mine) trying to convince me of it.

As far as I’m concerned, the element of free will is always present in every given circumstance, whether you allow yourself to see it or not.

Remember, it is your inner-work and moral/spiritual polarity which ultimately determines the outcome of what manner of world you find yourself in.

The inside dictates the outside, not the other way around.

Thanks for reading.

– Mickey Megistus

SOURCE: https://stillnessinthestorm.com/2020/06/a-resource-based-economy-and-two-roads-to-the-future-service-to-others-or-service-to-self/

UNW Weekly Report(Feb 23rd – 29th): Fear Porn, Resignations, NYT Lawsuit

Ryan Delarme
March 1st, 2020

There’s been a lot of buzz and fear mongering over the latest designer virus, and it’s becoming increasingly obvious that the main objective in intentionally accidentally releasing the Coronavirus is to crash the global economy as a gambit to shift the blame from the Central Bank. Fear is great fuel for an agenda, and of course the usual suspects have jumped at the chance to twist a tragedy for political gain. 

Remember, the Central Bank and its Deep-State actors have been throwing everything they can at those defying them. It’s not too far fetched to think that they had a hand in the release of the virus, in fact it is looking very likely. 

A well known military intelligence backchannel has often claimed that there will be many high-profile figures who will be “getting sick” and slipping away from the public eye. Within the same 24 hour cycle both the Vice president of Iran and Pope Francis have suddenly come down with the Coronavirus. 



I’m not saying that they are faking it, but I’m also not saying that they are not.

Peace may finally become a realization in the Middle East, despite countless attempts by the Deep-State to continue the endless proxy wars. Representatives of the United States and the Taliban have sealed a landmark agreement in Qatar to end the 18-year-long Afghan war. The deal will pave the way for an intra-Afghan dialogue.
US troops will start withdrawing from Afghanistan with immediate effect, US President Donald Trump said on Saturday, when asked about the timeframe for the withdrawal. Speaking to journalists, Trump said: “Like today, OK? Today. They’ll start immediately.” 

In resignation news we saw a lot of folks stepping down as has been the trend since 2016. Notable resignations in february alone have included: Def Jam CEO and Chairman Paul Rosenberg, Chairman of Democratic Party of Iowa Troy Price (following caucus fiasco), Heineken CEO Jean-Francois van Boxmeer, VP of Google Eileen Naughton, President of Ford Motor Company USA Joe Hinrichs, Harley Davidson CEO Matthew Levatich, The Bayer Chairman who oversaw the Monsanto merger Werner Wenning, Vice Chairman of BlackRock Inc. Barbara Novik, and perhaps the most notable and most publicized was Disney CEO Bob Iger suddenly stepping down but remaining on the board of directors. There are new resignations everyday, they can be tracked at https://www.resignation.info/list.

While Iger’s impending retirement has been predicted for quite some time now, this full-stop switch is definitely unexpected. Iger had been the head of the world-dominating business for 15 years. During his reign as CEO, he made monumental moves like purchasing Lucasfilm in 2012 and Marvel in 2009 for $4 billion each, as well as nabbing Pixar from Apple CEO Steve Jobs for $7.4 billion in 2006. 

Perhaps my favorite bit of news from this past week was the announcement of a lawsuit against the New York Times by team Trump. It is possible that this will be a cascading event hopefully sparking a flood of libel lawsuits by those who have been smeared and slandered by the MSM in recent years. Anytime somebody who is not a part of the old guard or “Deep State” gains any amount of popularity and takes a stance opposing any of their myriad agendas, they are instantly slammed with the “Russian Asset” label. Not just Donald Trump, but Bernie Sanders, Tulsi Gabbard etc, the list goes on and on. The mainstream media NEEDS to be held accountable, and like the CIA it should be broken into a million pieces and scattered on the wind.

All of the usual publications rushed to attack immediately. The Clinton linked Daily Beast ran an article with the headline “Trump Campaigns New York Times Lawsuit Might be a Nightmare – for Trump”, and Politicusa running “Trump Embarrasses Himself By Suing The New York Times For Libel”.