Home » Posts tagged 'economic endgame'

Tag Archives: economic endgame

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Albert Edwards: “Trump Will Soon Turn His Protectionist Fire On Germany. That Will Be Messy”

We were wondering how long before one of our favorite “perma-skeptics”, Socgen’s Albert Edwards, would chime in on the global trade war that broke out in the past few weeks, especially since trade protectionism, tariffs and subsidies are the opposite side of the same “strategic” coin of currency devaluation which we have observed for the past decade, and both of which have one purpose: to make one nation’s goods and service (and stocks) cheaper to the outside world (curiously, in recent years, it has emerged that “soft” protectionism i.e. currency devaluation, is far more acceptable to the establishment than direct or targeted trade intervention via tariffs and trade protectionism).

We got the answer today when in a note, what else, warning what comes next, Edwards writes that whereas “a trade war and competitive currency devaluation was always going to be the end game in our Ice Age thesis as a global deflationary bust destroyed wealth, profits and jobs” and it now looks that this endgame “might be arriving  sooner than we had anticipated.”

The reason: central banks. The catalyst: Donald Trump.

As Edwards explains, while the world is all too quick to point the finger at Trump for daring to expose that the trading emperor is naked, the real culprit behind massive trade imbalances is elsewhere, usually inside a central bank building:

Increasing trade tensions are an inevitable consequence of the side-effects of QE pursued by central banks – especially the ECB. In the near term, there are a couple of trade issues rankling the US Administration far more than steel and aluminium that could easily trigger a full-scale trade war. More immediate is the impending result of a US probe into China’s alleged theft of intellectual property. And boiling away in the background are Germany’s, and now too the eurozone’s, outsized trade surpluses.”

Edwards begins his analysis by pointing out something trivial: politicians lie.

In this context, Edwards claims that President Trump “is a most unusual politician. Like him or loath him, he seems to be doing something politicians seldom ever do: namely, attempting to fulfill his election promises. This is most unusual!”

…click on the above link to read the rest of the article…

What Will The Global Economy Look Like After The ‘Great Reset’?

What Will The Global Economy Look Like After The ‘Great Reset’?

A very common phrase used over the past couple years by the International Monetary Fund’s Christine Lagarde as well as other globalist mouthpieces is the “global reset.” Very rarely do these elites ever actually mention any details as to what this “reset” means. But if you take a look at some of my past analysis on the economic endgame, you will find that they do, on occasion, let information slip which gives us a general picture of where they prefer the world be within the next few years or even the next decade.

A few goals are certain and openly admitted. The globalists ultimately want to diminish or erase the U.S. dollar as the world reserve currency. They most definitely are seeking to establish the International Monetary Fund’s Special Drawing Rights basket system as a replacement for the dollar system; this plan was even outlined in the Rothschild run magazine The Economist in 1988. They want to consolidate economic governance, moving away from a franchise system of national central banks into a single global monetary authority, most likely under the IMF or the Bank for International Settlements. And, they consistently argue for the centralization of political power in the name of removing legislative and sovereign barriers to safer financial regulation.

These are not “theories” of fiscal change, these are facts behind the globalist methodology. When the IMF mentions the “great global reset,” the above changes are a part of what they are referring to.

That said, much of my examinations focus on these macro-elements; but what about the deeper mechanics of the whole scheme? What kind of economic system would we wake up to on a daily basis IF the globalists get exactly what they want? This is an area in which the elites rarely ever comment, and I can only offer hypothetical scenarios.

…click on the above link to read the rest of the article…

3-minute video: US $18 TRILLION debt being dumped; economic endgame? If so, demand monetary/credit reform or kiss your assets goodbye

3-minute video: US $18 TRILLION debt being dumped; economic endgame? If so, demand monetary/credit reform or kiss your assets goodbye

Elliott Wave International’s 3-minute video documents US debt securities being sold by other nations’ governments (and here). This is in context of the historically ever-increasing US federal government’s $18 trillion debt. US “leadership” chose to somehow “freeze” their debt for the last 200 days, a seeming impossibility, with “debt ceiling” again addressed in Congress as ongoing theatrics.

Demonocracy’s 2-minute video to visualize the unimaginable magnitude of not millions or billions, but trillions of dollars in US federal government debt:

The so-called “developed” and “leading” nations have total central government debt pushing $50 trillion($50,000,000,000,000). This accelerating debt is directly connected to these “former” colonial nations creating what is used for money as debt through bank oligarchies. These mechanics are like adding negative numbers forever; causing ever-increasing and unpayable aggregate debt.

The Emperor’s New Clothes obvious pathway out of these mechanics is to start creating debt-free money (a positive number) for the direct payment of public goods and services. Infrastructure investment that returns more economic output than cost of investment produces triple benefits:

  1. upgraded infrastructure,
  2. employment, and
  3. falling prices because total output is greater than cost.

These mechanics have been tested and documented since Benjamin Franklin’s days in colonial Pennsylvania, and affirmed by leading American minds like Thomas Edison, and supported by 86% of US economics professors when directly asked.

I have two academic papers to walk any reader through these facts; an assignment for high school economics students, and a paper for the Claremont Colleges’ recent academic conference:

Teaching critical thinking to high school students: Economics research/presentation

Seizing an alternative: Bankster looting: fundamental fraud that “debt” is “money”

…click on the above link to read the rest of the article…

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress