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Fourth Turning 2022–Bad Moon Rising (Part 2)

FOURTH TURNING 2022 – BAD MOON RISING (PART 2)

In Part 1 of this article I laid out how the global elite have used this covid flu to manipulate the weak minded into a fear induced mass psychosis as a key element in their Great Reset plan to control the world and keep you technologically enslaved under lock and key. Now I will try to decipher how this mass hysteria might play out over the course of 2022 and beyond.

“Americans today fear that linearism (alias the American Dream) has run its course. Many would welcome some enlightenment about history’s patterns and rhythms, but today’s intellectual elites offer little that’s useful. Caught between the entropy of the chaoticists and the hubris of the linearists, the American people have lost their moorings.” – Strauss & Howe – The Fourth Turning

Federal Reserve Just Declared the American Dream is Dead for Most Americans

“The most effective way to destroy people is to deny and obliterate their own understanding of their history.” ― George Orwell

The American Dream, where all Americans, no matter the circumstances of their birth, had a legitimate opportunity to live a better life than their parents, based upon their own intelligence, work ethic, and good fortune, is an illusion in today’s world. The ruling elite have stolen the wealth of the nation and its citizens. This was not an accident, but a plan implemented over many decades, accelerating after Nixon closed the gold window and opened the door to unlimited amounts of debt being created out of thin air and backed by nothing.

 

One of the Fed’s only mandates was to maintain a stable currency. Since its inception in 1913 to 2020, the USD had lost 96% of its purchasing power. The USD has lost 7.5% of its purchasing power since 2020, as Powell and his cronies have lost control of inflation.

Visualizing the Purchasing Power of the U.S. Dollar Over Time

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

America’s Debt Burden Will Fuel The Next Crisis

America’s Debt Burden Will Fuel The Next Crisis

Just recently, Rex Nutting penned an opinion piece for MarketWatch entitled “Consumer Debt Is Not A Ticking Time Bomb.” His primary point is that low per-capita debt ratios and debt-to-dpi ratios show the consumer is quite healthy and won’t be the primary subject of the next crisis. To wit:

“However, most Americans are better off now than they were 10-years ago, or even a few years ago. The finances of American households are strong. 

But, that’s not what a lot of people think. More than a decade after a massive credit orgy by households brought down the U.S. and global economies, lots of people are convinced that households are still borrowing so much money that it will inevitably crash the economy.

Those critics see a consumer debt bomb growing again. But they are wrong.”

I do agree with Rex on his point that the U.S. consumer won’t be the sole cause of the next crisis. It will be a combination of household and corporate debt combined with underfunded pensions, which will collide in the next crisis.

However, there is a household debt problem which is hidden by the way governmental statistics are calculated.

Indebted To The American Dream

The idea of “maintaining a certain standard of living” has become a foundation in our society today.Americans, in general, have come to believe they are “entitled” to a certain type of house, car, and general lifestyle which includes NOT just the basic necessities of living such as food, running water, and electricity, but also the latest mobile phone, computer, and high-speed internet connection. (Really, what would be the point of living if you didn’t have access to Facebook every two minutes?)

But, like most economic data, you have to dig behind the numbers to reveal the true story.

So let’s do that, shall we?

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

Globalization and the American Dream

Globalization and the American Dream

“… America is a new kind of society that produces a new kind of human being. That human being – confident, self-reliant, tolerant, generous, future-oriented – is a vast improvement over the wretched, servile, fatalistic and intolerant human being that traditional societies have always produced.”

— Dinesh D’Souza, What’s So Great About America

Implicit in all the rhetoric promoting globalization is the premise that the rest of the world can and should be brought up to the standard of living of the West, and America in particular. For much of the world the American Dream – though a constantly moving target – is globalization’s ultimate endpoint.

But if this is the direction globalization is taking the world, it is worth examining where America itself is headed. A good way to do so is to take a hard look at America’s children, since so many features of the global monoculture have been in place their whole lives. If the American Dream isn’t working for them, why should anyone, anywhere, believe it will work for their own children?

As it turns out, children in the US are far from “confident, self-reliant, tolerant, generous, and future-oriented”. One indication of this is that more than 8.3 million American children and adolescents require psychiatric drugs; over 2 million are on anti-depressants, and another 2 million are on anti-anxiety drugs. The age groups for which these drugs are prescribed is shockingly young: nearly half a million children 0-3 years old are taking drugs to combat anxiety.[1]

Most people in the ‘less developed’ world will find it hard to imagine how a toddler could be so anxiety-ridden that they need psychiatric help. Equally difficult to fathom are many other symptoms of social breakdown among America’s children. Eating disorders, for example: the incidence of anorexia, bulimia and other eating disorders has doubled since the 1960s, and girls are developing these problems at younger and younger ages.[2]

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

 

Chomsky Wants You to Wake Up from the American Dream

Chomsky Wants You to Wake Up from the American Dream

If you’ve just seen Michael Moore’s movie and are wondering how in the world the United States got diverted into the slow lane to hell, go watch Noam Chomsky’s movie. If you’ve just seen Noam Chomsky’s movie and are wondering whether the human species is really worth saving, go see Michael Moore’s movie. If you haven’t seen either of these movies, please tell me that you haven’t been watching presidential debates. As either of these movies would be glad to point out to you, that’s NOT HOW YOU CHANGE ANYTHING.

“Filmed over four years, these are his last long-form documentary interviews,” Chomsky’s film, Requiem for the American Dream, says of him at the start, rather offensively. Why? He seems perfectly able to give interviews and apparently gave those in this film for four years. And of course he acquired the insights he conveys over many more years than that. They are not new insights to activists, but they would be like revelations from another world to a typical U.S. resident.

Chomsky explains how concentrated wealth creates concentrated power, which legislates further concentration of wealth, which then concentrates more power in a vicious cycle. He lists and elaborates on ten principles of the concentration of wealth and power — principles that the wealthy of the United States have acted intensely on for 40 years or more.

1. Reduce Democracy. Chomsky finds this acted on by the very “founding fathers” of the United States, in the creation of the U.S. Senate, and in James Madison’s statement during debate over the U.S. Constitution that the new government would need to protect the wealthy from too much democracy. Chomsky finds the same theme in Aristotle but with Aristotle proposing to reduce inequality, while Madison proposed to reduce democracy.

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

Welcome to the Future: Downward Mobility and Social Depression

Welcome to the Future: Downward Mobility and Social Depression

If you don’t think these definitions apply, please check back in a year.

The mainstream is finally waking up to the future of the American Dream: downward mobility for all but the top 10% of households. A recent Atlanticarticle fleshed out the zeitgeist with survey data that suggests the Great Middle Class/Nouveau Proletariat is also waking up to a future of downward mobility: The Downsizing of the American DreamPeople used to believe they would someday move on up in the world. Now they’re more concerned with just holding on to what they have.

I dug into the financial and social realities of what it takes to be middle class in today’s economy: Are You Really Middle Class?

The reality is that the middle class has been reduced to the sliver just below the top 5%–if we use the standards of the prosperous 1960s as baseline.

The downward mobility isn’t just financial–it’s a decline in political power, control of one’s work and income-producing assets. This article reminds us of what the middle class once represented: What Middle Class? How bourgeois America is getting recast as a proletariat.

The costs of trying to maintain a toehold in the upper-middle class are illuminated in these recent articles on health and healthcare–both part of the downward mobility:

Health Care Slavery and Overwork

How a toxic workplace could, literally, destroy your health

We’re afraid our work is killing us, and we are right

This reappraisal of the American Dream is also triggering a reappraisal of the middle class in the decades of widespread prosperity: The Myth of the Middle Class: Have Most Americans Always Been Poor?

And here’s the financial reality for the bottom 90%: declining real income:

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

The American Dream – Moonshine and Scam

The American Dream – Moonshine and Scam

Infection

When we left you yesterday, we were trying to connect the bloated, cankerous ankles of the US economy to the sugar rush of its post-1971 credit-based money system.

Today, we look at the face of our government. It is older… with more worry lines and wrinkles. But whence cometh that pale and stupid look?

That is also the result of the same advanced diabetic epizootic that has infected American society.

 

Soft and Mushy

After real money and real savings left the economy circa 1971, GDP growth rates fell. Wages atrophied. And now, for the first time in 35 years, American business deaths outnumber business births. The body economic grew soft and mushy – unable to hold itself erect or to stand on its own two feet. Thenceforth, it needed the crutch of increasing credit.

The new credit-based monetary system meant that Americans had less real wealth. But until 2007, they could still get what they wanted by borrowing. Few noticed that they were borrowing from the company store and becoming slaves to their credit masters.

No one ever figured out how to create gold. So, Washington insiders changed the money system in two steps. In 1968, LBJ asked Congress to end the requirement for the dollar to be backed by gold. And in 1971, “Tricky Dicky” ended the direct convertibility of dollars to gold.

With the new dollar, unbacked by gold, they could create all the money they wanted. After the 1970s, instead of earning more money, or borrowing from the savings of his neighbors, the typical American had to grovel to the elite who controlled the credit machine.

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

 

 

We’ve Let The Clowns Come Way Too Far

We’ve Let The Clowns Come Way Too Far

In yesterday’s State of the Union, Obama said The ‘Shadow Of Crisis Has Passed’, and the one and the only thing I thought was: ‘Good, so now we can tackle the crisis itself?!’. If speeches like the SOTU last night, and the reactions to it, make anything clear, it’s that the PR guys won the fight against critical thinking. Sure, there are people for whom that shadow has passed, but a president is supposed to be there for all Americans, not just for those who finance his campaigns and those of his successors.

And for most Americans, the shadow hasn’t passed at all, and the crisis certainly hasn’t. And hollow promises to help the middle class are not going to change anything about that. It’s an elite game, and all others are left to fend for themselves. For now that remains hidden behind the veil of over 50% of Americans receiving some kind of government benefit, but that won’t last. We may have some idea of how much richer the rich are getting, and even that is a stretch, but we have much less idea of how much the poor got poorer.

And the President, of all Americans, won’t tell us, he’d rather hail his ‘achievements’ as prepared and blown out of all proportions by his spin team. His political ‘adversaries’, who play their role of ‘hating’ him only halfway convincingly, won’t call him on the spin, because they have nothing to gain from trying to blow up the newfangled American Dream.

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

 

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