Jun 11, 2022Liked by 2nd Smartest Guy in the World
"Without a controlled demolition the world will collapse for all, including the elites."
There is no such thing as a controlled demolition. Our world systems are not a mere skyscraper. The elites cannot sustain their dreamed-of Great Reset. They will get instead the Great Demolition. For their entire scheme depends on world-wide 24/7/365 internet (hence sufficient electricity) for the control grid / digital id / digital currency. By accident or collateral damage, they will not save the requisite skill set to maintain the digital control grid in the face of starvation, illness, reduced infrastructure maintenance and collapse, transportation, logistics / supply chain of critical components, protection of nuclear power plant spent-fuel etc. They do not tolerate competence if it disagrees with their plans. All of their war games cannot save them from their own eventual destruction.
You know, if the laws had been followed, the average Social Security monthly retirement check for the youngest eligible age, (62?), not including the "disability" crowd here, instead of $1300 per month, would be like $7400 per month.
The lowest check, for anyone qualifying, would be like $3600. A month! That is right, not $369, but TEN TIMES MORE.
Jun 12, 2022Liked by 2nd Smartest Guy in the World
Good writing about a grim topic. Reminds me of a passage in Jared Diamond's 'Collapse' ...
Thus, Norse society’s structure created a conflict between the short-term interests of those in power, and the long-term interests of the society as a whole. Much of what the chiefs and clergy valued proved eventually harmful to the society. Yet the society’s values were at the root of its strengths as well as of its weaknesses. The Greenland Norse did succeed in creating a unique form of European society, and in surviving for 450 years as Europe’s most remote outpost. We modern Americans should not be too quick to brand them as failures, when their society survived in Greenland for longer than our English-speaking society has survived so far in North America. Ultimately, though, the chiefs found themselves without followers. The last right that they obtained for themselves was the privilege of being the last to starve.
He is correct, I believe. The only way available to kick this debt can down the road was the utter genocide of the Russians and complete theft of their vast resources. But the east got too powerful to pull that off.
IMO, Hilary Clinton was to implement an insane WWIII policy after her expected coronation in 2016. This would explain the deep state’s unprecedented and desperate war on Trump, who was never vetted for the level of insane psychopathology required for the job.
Fast Fwd to 2019 and overnight reverse repurchases were handled by the fed for the first time so now They needed a take down to conceal inflation until a fixed election could be arranged– but time was of the essence. Enter Covid. Perfect. Funnel the wealth upward, inject $$$ right past the reserve system to the big guys, stall the velocity of money with lockdowns.
Then Install a compromised puppet in 2020 to incite war(s) in the east, turn up the pain dial on western masses, but with plausible deniability (Putin did it!) and then dial in the bankruptcy/receivership of USA public sphere and debtor’s remaining equity. Bankers: “nice country ya got there. Would be a shame if something happened to it. Pay up. “
The grand finale is looming; I think federal lands will be privatized, farmland consolidated under mega corp control, homeownership will be come rentership, Digital basic income will be universally applied for purposes of control, severe restrictions on freedom of movement (and assembly not coincidentally), and wide application of the Metaverse as an opiate reality converter. Presto! “You will own nothing and be happy”. The great reset.
And Klaus Schwab will promise “A bugburger in every pot!”
I think this is the plan. But I also think they will completely F it up. I have no idea what resourceful individuals will conjure up but one should never underestimate creative anarchy.
An outstanding piece on the ultimate national destructive consequences of hair-brained, non-caring, short-ranged focus, of our totally selfish SPECIES of politicians our nation sends to DC to lead us to long range destruction for political short-range satisfaction. Consequences be damned; maximize political expediency.
this goes back a long long way. clinton fought against a balanced budget and won. the second that happened the money started to disappear, first under andrew cuomo at hhs. seems that dhs was created under bush to bring some of that back on the books to make it seem less obvious. catherine austin fitts was first to pick up on that and then mark skidmore found the boat was much leakier. missingmoney.solari.com
wish i'd saved that glenn beck link from 2020 where he noticed how the fed was funneling mad ten figures to the big banks, weekly, starting with the plandemic rollout.
meanwihle, eu credit is worthless, less than junk. nobody will lend to them.
but at 50% inflation you get food riots and that's when all hell breaks loose. sure, gates and zuck have their hidey holes on epstein island but that's the only place they can survive. we will win the only question is how much of a pyrrhic victory it will be
This is a great article. I haven't been following the economic side as closely. My belief is our fiat currency was always prone to entropy and collapse. It was inevitable by design. I only hoped the collapse was in another lifetime, not my own.
The unfunded liabilities are basically what the government must pay its citizens in its own currency. They can do so by printing their own money. The Fed returns the interest on the Treasuries they buy to create the money. Don't worry, be happy. We aren't bankrupt.
So the bitter end for most of us is coming soon. Best to resist and go down swinging.
"Without a controlled demolition the world will collapse for all, including the elites."
There is no such thing as a controlled demolition. Our world systems are not a mere skyscraper. The elites cannot sustain their dreamed-of Great Reset. They will get instead the Great Demolition. For their entire scheme depends on world-wide 24/7/365 internet (hence sufficient electricity) for the control grid / digital id / digital currency. By accident or collateral damage, they will not save the requisite skill set to maintain the digital control grid in the face of starvation, illness, reduced infrastructure maintenance and collapse, transportation, logistics / supply chain of critical components, protection of nuclear power plant spent-fuel etc. They do not tolerate competence if it disagrees with their plans. All of their war games cannot save them from their own eventual destruction.
It is a "pyramid" scheme, or Ponzi, or whatever!
You know, if the laws had been followed, the average Social Security monthly retirement check for the youngest eligible age, (62?), not including the "disability" crowd here, instead of $1300 per month, would be like $7400 per month.
The lowest check, for anyone qualifying, would be like $3600. A month! That is right, not $369, but TEN TIMES MORE.
Have you bought AMMO yet?
I did that same analysis on 2022-06-01 using the Debtclock website and the numbers are magically the same!!
America is Comatose – Each US citizen is absolutely worth ~(-$200,000):
US Total Unfunded Liabilities : $169, 586, 872, 950, 543.0 (fed+states). 15 digits!
US Total Debt : $90, 905, 683, 245, 654.0 (fed+states). 14 digits!
US Total National Assets: $194, 767, 783, 583, 435.0 (everything between Mexico and Canadastan + US worldwide assets). 15 digits!
Global US Account Balance: -65,724,772,612,762.0 (-$66 Trillion!!!). 14 digits!
Absolute Value of each American : (-199,166)
Time of estimate: 2022-06-01 9:34:56 PST.
Source: https://usdebtclock.org/
Good writing about a grim topic. Reminds me of a passage in Jared Diamond's 'Collapse' ...
Thus, Norse society’s structure created a conflict between the short-term interests of those in power, and the long-term interests of the society as a whole. Much of what the chiefs and clergy valued proved eventually harmful to the society. Yet the society’s values were at the root of its strengths as well as of its weaknesses. The Greenland Norse did succeed in creating a unique form of European society, and in surviving for 450 years as Europe’s most remote outpost. We modern Americans should not be too quick to brand them as failures, when their society survived in Greenland for longer than our English-speaking society has survived so far in North America. Ultimately, though, the chiefs found themselves without followers. The last right that they obtained for themselves was the privilege of being the last to starve.
Diamond, Jared. Collapse (p. 276). Penguin Publishing Group. Kindle Edition.
He is correct, I believe. The only way available to kick this debt can down the road was the utter genocide of the Russians and complete theft of their vast resources. But the east got too powerful to pull that off.
IMO, Hilary Clinton was to implement an insane WWIII policy after her expected coronation in 2016. This would explain the deep state’s unprecedented and desperate war on Trump, who was never vetted for the level of insane psychopathology required for the job.
Fast Fwd to 2019 and overnight reverse repurchases were handled by the fed for the first time so now They needed a take down to conceal inflation until a fixed election could be arranged– but time was of the essence. Enter Covid. Perfect. Funnel the wealth upward, inject $$$ right past the reserve system to the big guys, stall the velocity of money with lockdowns.
Then Install a compromised puppet in 2020 to incite war(s) in the east, turn up the pain dial on western masses, but with plausible deniability (Putin did it!) and then dial in the bankruptcy/receivership of USA public sphere and debtor’s remaining equity. Bankers: “nice country ya got there. Would be a shame if something happened to it. Pay up. “
The grand finale is looming; I think federal lands will be privatized, farmland consolidated under mega corp control, homeownership will be come rentership, Digital basic income will be universally applied for purposes of control, severe restrictions on freedom of movement (and assembly not coincidentally), and wide application of the Metaverse as an opiate reality converter. Presto! “You will own nothing and be happy”. The great reset.
And Klaus Schwab will promise “A bugburger in every pot!”
I think this is the plan. But I also think they will completely F it up. I have no idea what resourceful individuals will conjure up but one should never underestimate creative anarchy.
An outstanding piece on the ultimate national destructive consequences of hair-brained, non-caring, short-ranged focus, of our totally selfish SPECIES of politicians our nation sends to DC to lead us to long range destruction for political short-range satisfaction. Consequences be damned; maximize political expediency.
Something wicked this way comes…
this goes back a long long way. clinton fought against a balanced budget and won. the second that happened the money started to disappear, first under andrew cuomo at hhs. seems that dhs was created under bush to bring some of that back on the books to make it seem less obvious. catherine austin fitts was first to pick up on that and then mark skidmore found the boat was much leakier. missingmoney.solari.com
wish i'd saved that glenn beck link from 2020 where he noticed how the fed was funneling mad ten figures to the big banks, weekly, starting with the plandemic rollout.
meanwihle, eu credit is worthless, less than junk. nobody will lend to them.
but at 50% inflation you get food riots and that's when all hell breaks loose. sure, gates and zuck have their hidey holes on epstein island but that's the only place they can survive. we will win the only question is how much of a pyrrhic victory it will be
All I gotta say is we shall see. Everyone and their mom has been predicting the end for a few years now.
This is a great article. I haven't been following the economic side as closely. My belief is our fiat currency was always prone to entropy and collapse. It was inevitable by design. I only hoped the collapse was in another lifetime, not my own.
The unfunded liabilities are basically what the government must pay its citizens in its own currency. They can do so by printing their own money. The Fed returns the interest on the Treasuries they buy to create the money. Don't worry, be happy. We aren't bankrupt.