I was listening to Bloomberg during the early morning hours. Specifically, Dan Moss was opining on the defining of the U.S. “technical” recession. This was comical given the confirmed definition is two consecutive quarters of negative GDP growth. To the economists and the financially astute (smirks), many of whom leveled the claim that GDP growth is not a good measure for economic robustness or its true faltering, when GDP is reported negative, this is cope-ism. Interesting that such definitions are only beneficial to change when one is wholly invested in the position that U.S. is NOT in a decline. One realizes though, the point of this current “reality” is to distort to fit “the globalist narrative” or “the liberal rules-based order” that U.S. government officials consistently propagandized about daily through their controlled media puppets and their White House flacks standing at the podium of lies.
The world of globalization has been fractured, quite on purpose, to achieve a grander scheme for the parasitic elite’s whims. Debt levels are enormous, reaching $300 trillion (US) for the entire world according to The Great Resetters’ calculations (WEF). The BIS (Bank of International Settlements) totaled up derivatives valued at $600 trillion as of late 2021. These numbers combined makes for nearly a one quadrillion dollar catastrophe in the water like a Great Debt Shark. Thus, when you hear about BlackRock’s $10 trillion dollar (AUM) base (and their recent decline by $1.7 trillion in casino valuations), just put BlackRock’s number into scope versus that nearly $1,000 trillion out there, circling. I can’t either. From this Great Debt Shark requires a controlled misdirection in the West – to keep the plebes busy fighting amongst themselves over race, transgenderism, abortion, gun rights, speech, name the-flavor-of-the-week – while the “important” Plutocrats and Bureaucrats rob all their populations of their remaining wealth and assets through hustles that are transparent and boggle one’s mind. (The CCP even put tanks in front of their banks.) This prior to The Great Reset’s stated goal: “no ownership and like it” versus forced social acceptance or risk de-platforming “to death.”
DEBT Jaws wants to swallow your indebted soul and all of its remaining assets.
The housing market in China has a developer–only bailout plan: $148 billion, so far. The China market there is at least double the size of the 2008 U.S. housing implosion that left the world in a Great Recession. If 10% of China’s residential property goes south, a $6 trillion dollar pop of the bubble would be catastrophic, and potentially, revolutionary. The inventory slack alone is nearly double that value.
China’s youth is nearly 20% unemployed, while having an army (12 million) of college & vocational graduates looking to immediately seeking top jobs in constrained-by-Xi economy: zero-COVID lockdownerism. (This while China tests an HIV drug out.)
The U.S. had its auto market unit sales decline 10.8% in July versus the same period in 2021. (Though the margins were up to record levels.) As noted, the GDP slid despite plenty of monetary moves to buttress up the economy in 2021-2, until just recently. Trillions of dollars were printed to chase too few needed g
oo
ds – created this distortion.
The Casino of Lies – the S&P 500 and the NASDAQ – are equally distorted, as Americans have over 1/3 of their assets (36%) there. The markets rely on the consumerism of the U.S. citizen (65-70% of spending) that will only face steep headwinds. 1/3 of American households do not hold enough savings to tap into under a high-inflation Biden regime. The economic despair will come very soon.
A final blow (to Europe) lay as well in its power needs. In short, the Ukraine conflict, not reaching a negotiation, leaves the Euro continent at the tender mercies of Russia’s natural resource whims. The United States seems equally suicidal regarding its survival, shutting off the one resource that created its power for a century, without a system that can actually replace it readied. The Greens have cause irreparable harm, most likely, for the foreseeable future. [Humanity can right the ship; but it takes a real energy plan. Far too complex for the Greens to manage or design as they have shown over and over again.]
Gold & Silver are manipulated by top banks (JPMorgan Chase) in the precious metals derivatives market, owning 90% of this market. Wonder why these two commodities don’t track with all the other skyrocketing commodity prices? Guess why. Meanwhile, China & Russia are stockpiling gold reserves aplenty, leading to the next point. (Note: Tur
key’s amount is startling. Are they operating as a 3rd party for someone? Which someone?)
The BRICS++ seek to break off from the U.S. dollar denomination of 90% of world trade settlements. This desire, as FinTech noted, began in 2014:
“Russia developed the System for Transfer of Financial Messages (SPFS), and later the Mir payment system was launched. That same year, in response to the annexation of Crimea, Russia started to stockpile gold in vast amounts.”
Additionally, the conference saw China’s Xi make this claim, which has truth in it, if ignoring CCP’s contribution to these problems back as far as 2001
Examples of real issues at hand are:
:
“Politicizing, instrumentalizing and weaponizing the world economy using a dominant position in the global financial system to wantonly impose sanctions would only hurt others as well as hurting oneself, leaving people around the world suffering.
”
Problem Reaction Solution Worldwide
The market distortions are the “Globalist parasitic class” methodology to collapse, and then, offer up a new 1-world currency-credit system tied to the plebeian’s compliance. Many then, without jobs, tenuous holds on housing, facing famine, and under the duress of these crisis forces, will likely sell their souls for bread, water, electricity, internet, and money by gentle-or-else coercion (if not by the gun, as of yet). The quickie mRNA vaccine was a pop quiz to determine who were the most compliant and most malleable through mass media formation. The algorithms and datamining during COVID provided these financial evildoers mountains of data to properly design their next moves on particular populations (like The Netherlands amongst others). Because this master plan doesn’t work unless all “get on board.” Of course, that depends on whomever is left after wave, after wave, after demoralizing wave of economic and psychological stressors are run at them. The Great Reset is about finance; first and foremost. All their other like-to-have ideas will come about after the brutalizing crash of world markets and the chaos thereafter felt by seven billion plus people. (But the few at the top, will be well aware, and protected, to continue to use their globe-shaping narrative behind a wall of well-paid army of Milgram warriors and CCP-designed drones.)
Will the Debt Shark swallow us all?
Excellent summation of the ruthless plans taking place.
Note: Substack is having issues in editing mode. This is very recently.
I don't know what gives, because it was pretty easy to write and edit. But not in the last few attempts here.