So much for technocrats and long term planning. Trump was right when he said everything woke turns to shit, but so does long term technocratic centralized planning. The law of unforeseen consequences or is it Murphy’s law? Do you think AI will be any better. It is the carnal mind on steroids.
China miscounted its population, now the economy is in crisis | If You’re Listening (16 min)
Xi Jinping avoids Biden meeting. BRICS more important than G20 (16 min)
The movie the Big Short was based on the housing collapse predicted by Michael Burry. He is now predicting that the global economy will crash before the end of 2022. I believe that he is correct. The “Big Short” was caused because they weaponized greed using fraudulent banking practices. The heart of the 2008 crisis was nearly $5 trillion worth of basically worthless mortgage loans, among other factors. The losses were socialized and ultimately picked up the taxpayer. No one was ever punished and moral hazard ceased to exist. They papered over the cracks by money printing (QE) and thus began the biggest wealth transfer in history. At the time I pondered how they would ever be able to end QE because they had effectively painted themselves into a corner. Now we know that they never intended to end QE but had the intention of stealing as much as they could before collapsing the system. They deliberately repealed the Glass-Steagall Act in 1999 allowing banks to grow huge and to mix commercial and investment (gambling) banking. As far as I am concerned this was planned by certain elements.
The question is why? The answer is that they needed trillions of $$ to pump into Artificial Intelligence, robotics, bio-engineering and space. They are building a control grid (matrix) because they know that we have reached peak oil and they also know that cyclical cosmic destruction us coming. They intend to emerge afterwards as gods of a New World Order and they will Build Back Better using their new technologies and new energy sources (not renewables). They exploited human weakness; greed (=financial crisis), fear (=pandemics), moral turpitude (=porn etc) and idolatry (worship of science and tech) so that we would destroy ourselves. They want to de-carbonize the world (kill more people) and cap and trade carbon (the bodies and souls of men). The total commoditization of human behavior. Full spectrum dominance in which they intend to destroy what it means to be human. To be human is to be weak, failable, fragile and fallen but being human also carries the dignity and honor of being made in the image and the potential and prospect of a redemptive act that allows the in-working of the mystery of godliness to complete its transformative act. We cannot transcend our humanity through an act of self-will but only through surrender to the ground of all being.
A terrifying financial warning for 2022 (from Michael Burry)- 9min
I recommend watching the Big Short here are a few of my favorite scenes:
The Big Short (2015) – Dr Michael Burry analyzes Subprime MBSs (Feat. Margot Robbie) [HD 1080p] – (5 min)
The Big Short (2015) – Jared Vennett’s Pitch to Front Point Partners (Jenga Blocks Scene) [HD 1080p] (8 min)
Epic! ANOTHER MIRACLE ON WALL STREET. Goldman Sachs “WARNS Of SEVERE RECESSION.” Mannarino (13 min)
The American Debt Machine and Geopolitics with Kirian “Deso” van Hest (1:13)
Great interview …the one thing I disagree with is that this is due to “incompetence” it is not. It was all planned.
Blame it on Russia
Blame it on Russia, do not blame it on QE caused by the 2007/8 GFC (The Big Short) or more recently QE when the Fed started Repo for the banks on 18 Sept 2019 around the time of Event 201 just before the “virus” appeared. This is all down to the bankers. The hunger Games are next and it is all Russia’s fault. Altogether now Russia,Russia,Russia,Russia,Russia.
RUSSIA – Interest Rate HIKES & Quantitative TIGHTENING Threaten GLOBAL CRASH as INFLATION Soars
They are treating us like lumps of wood. They think they we are as thick as planks. This is the perfect set-up for “own nothing and be happy” courtesy of WEF.
Lumber Prices…Why Is No One Talking About This?
But wait, the #Biden Administration has said that there’s no inflation, that it doesn’t exist… https://t.co/CqFzALFATf