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Doug Casey on the Imminent Bankruptcy of the US Government

Doug Casey on the Imminent Bankruptcy of the US Government

Imminent Bankruptcy of the US Government
International Man: Everyone knows that the US government has been bankrupt for many years. But we thought it might be instructive to see its current cash-flow situation.

The US government’s budget is the biggest in the history of the world and is growing at an uncontrollable rate.

Below is a chart of the budget for the most recent fiscal year, which had a deficit of nearly $1.7 trillion.

Before we get into the specific items in the budget, what is your take on the Big Picture for the US budget?

Doug Casey: The biggest expenditure for the US government are so-called entitlements. It’s strange how the word “entitlements” has been legitimized. Are people really entitled to the government paying for their health, retirement, and welfare? In a moral society, the answer is: No. Entitlements destroy personal responsibility, legitimize theft, destroy wealth, and create antagonisms.

The fact is that once people have an “entitlement,” they come to rely on it, and you can’t easily take it away. The Chinese call that breaking somebody’s rice bowl. In the case of the American welfare state, it’s more a question of breaking a whipped dog’s doggy bowl. It’s a shame because many have come to rely on their mother, the State, not entirely through their own fault. The US has become pervasively corrupt.

The World Economic Forum (WEF)—a pox upon them—isn’t entirely incorrect when it arrogantly calls most people “useless mouths.” An increasing number produce absolutely nothing but only consume at the expense of others. Courtesy of the State.

…click on the above link to read the rest…

The Globalist Vision: “15 Minute” Prison Cities And The End Of Private Property

As a general rule I find that whenever the public scrutinizes any particular agenda being promoted by governments and globalists their first response is to act indignant, much like a narcissist would do when they are up to no good and they get caught. “How dare you” question their intentions and suggest they might be nefarious. How dare you suggest they are anything other than loving and benevolent. Our “leaders” have only ever wanted the best for us, right? They only want our lives to become safer, more comfortable and more convenient – This is what truly motivates your average elitist, right?

Obviously history tells us a far different story, and it boggles my mind when anyone tries to argue that things are different today compared to 100 years ago, 300 years ago, or 1000 years ago. There is nothing new under the sun. There will always be tyrants attempting to gain more and more power and those tyrants will always lie to the public, claiming they are good people with our best interests at heart.

When that doesn’t work and the citizenry remains skeptical, the tyrants go on the attack, accusing the public of “conspiracy theory.” This is meant to mock and shame free thinkers into silence – You don’t want to stand out, right? Why risk being ostracized from society? Why risk becoming a meme?

This tactic is rooted in the notion that the corporate media and government officials represent the mainstream, and therefore they represent the majority, and the majority represents reality.  None of this is true or relevant, of course. Only facts matter. Sophistry is meaningless. Opinions are meaningless. The truth should be the goal, and if it’s not someone’s goal then they must be a purveyor of lies and should not be taken seriously. There are only two paths to take, there is no in-between.

…click on the above link to read the rest…

U.K. Population Collapse “Good for the Planet”, WEF Adviser Prof Sarah Harper Explains

U.K. Population Collapse “Good for the Planet”, WEF Adviser Prof Sarah Harper Explains

The Telegraph picked the perfect messenger to communicate the new way we should think about population declines. A high-level WEF adviser tells us:

Oxford Professor Sarah Harper is a very important person. The Telegraph article listing her credentials forgot to mention that she serves on the Global Agenda Council on Ageing Societies of the World Economic Forum.

Prof Harper is thrilled about recent declines in fertility:

Prof Harper told the Telegraph: “I think it’s a good thing that the high-income, high-consuming countries of the world are reducing the number of children that they’re having. I’m quite positive about that.”

The academic said declining fertility in rich countries would help to address the “general overconsumption that we have at the moment”, which has a negative impact on the planet.

Most importantly, declines in births will bring about reductions in CO2 emissions from wealthy nations, Prof Harper points out:

Research has found that wealthy nations tend to have much larger carbon footprints than poorer countries, as rich people can afford to buy more goods, travel more and do other activities that generate emissions.

Carbon emissions from high-income countries were 29 times larger than low-income countries on a per capita basis in 2020, World Bank figures show.

Population Declines or Population Replacement?

Here’s the strange part: If the leadership of the World Economic Forum wanted to reduce emissions from wealthy countries, I could understand how they would hope that population reductions would lead to a decline in economic output. Aside from moral implications, it is simple math that fewer people means fewer cars on the road, less food consumed and so on.

…click on the above link to read the rest…

Global South: Gold-backed currencies to replace the US dollar

Global South: Gold-backed currencies to replace the US dollar

The adoption of commodity-backed currencies by the Global South could upend the US dollar’s dominance and level the playing field in international trade.
https://media.thecradle.co/wp-content/uploads/2023/01/the-power-of-BRICS-3.jpg

Photo Credit: The Cradle
Let’s start with three interconnected multipolar-driven facts.

First: One of the key take aways from the World Economic Forum annual shindig in Davos, Switzerland is when Saudi Finance Minister Mohammed al-Jadaan, on a panel on “Saudi Arabia’s Transformation,” made it clear that Riyadh “will consider trading in currencies other than the US dollar.”

So is the petroyuan finally at hand? Possibly, but Al-Jadaan wisely opted for careful hedging: “We enjoy a very strategic relationship with China and we enjoy that same strategic relationship with other nations including the US and we want to develop that with Europe and other countries.”

Second: The Central Banks of Iran and Russia are studying the adoption of a “stable coin” for foreign trade settlements, replacing the US dollar, the ruble and the rial. The crypto crowd is already up in arms, mulling the pros and cons of a gold-backed central bank digital currency (CBDC) for trade that will be in fact impervious to the weaponized US dollar.

A gold-backed digital currency

The really attractive issue here is that this gold-backed digital currency would be particularly effective in the Special Economic Zone (SEZ) of Astrakhan, in the Caspian Sea.

Astrakhan is the key Russian port participating in the International North South Transportation Corridor (INTSC), with Russia processing cargo travelling across Iran in merchant ships all the way to West Asia, Africa, the Indian Ocean and South Asia.

The success of the INSTC – progressively tied to a gold-backed CBDC – will largely hinge on whether scores of Asian, West Asian and African nations refuse to apply US-dictated sanctions on both Russia and Iran.

…click on the above link to read the rest…

World Economic Fuck’em

World Economic Fuck’em

Nothing more than an unelected globalist government slowly emerging behind the curtains, eager to abscond with your rights and tell you how to live. Really…nothing to see here.

Among the many wretched, slimy and odious things that are increasingly giving me the creeps as the sands of my life’s hourglass continue to fall is the World Economic Forum: a collective of self-righteous global elites handing down virtues, values, lessons, lectures and political initiatives to us peons out here in the rest of the world.

The “Forum” is increasingly starting to resemble a globalist government, stocked with globally unelected turbo-douchebags, who have been assembling quietly in the background while no one has noticed.

One minute you’ve never heard of them – did you know the WEF has been around for about 5 decades? – the next, the “Forum” is harboring incredible influence, mostly with “useful” bureaucratic idiots on the left who are happy to take their cues on how to napalm individual rights for betterment of advancing their agendas from anyone who will help, regardless of their motivation.

WEF Founder Klaus Schwab, either giving or receiving some bullshit “Global Citizen Award”, which no normal person has ever heard of or cared about.

That’s right: gone are the days of joking about The Great Resetowning nothing and liking it and shifting to a diet of mealworms and crickets.

I’ve arrived at a point past that – a point of being sickened by watching people that in no way, shape or form represent me or the people in my life, yammer on about what my future will or won’t look like and what things I stand for are “right” or “wrong”.

It’s right in the WEF’s mission statement:

…click on the above link to read the rest…

Sulzberger: Disinformation is the “Most Existential Problem” Facing the Planet Today

Sulzberger: Disinformation is the “Most Existential Problem” Facing the Planet Today

There has been much coverage over the resurfacing of former CNN host Brian Stelter as the host for a panel at the World Economic Forum on alleged disinformation and “hate speech.” Stelter previously called for censorship under a “harm reduction model” and led a panel at a conference where Democrats discussed how to shape the news. He was confronted over his own dissemination for false stories targeting Republicans on CNN. Yet, I was most struck by a statement from New York Times publisher A.G. Sulzberger who described “disinformation” as the “most existential” problem the world is facing today. Sulzberger insisted that disinformation is the reason why there is a loss of “trust” today. He ignores his own history in eroding that trust in the media through flagrantly biased decisions at the New York Times.

Former  NYT editor Jill Abramson also slammed the participation of Sulzberger and the New York Times at Davos, denouncing it as a “corrupt circle-jerk” between media and business. She said that “the coverage was a sweetener to flatter the CEOs by seeing their names in the NYT.”

The panel was titled, “Clear & Present Danger of Disinformation” included panelists: New York Times publisher A.G. Sulzberger, Vice-President of the European Commission Vera Jourová, CEO of Internews Jeanne Bourgault, and Rep. Seth Moulton, D-Mass. The entire conference was notable in its omission of free speech advocates while inviting long advocates for censorship like Stelter.

Stelter asked his panel, “How does this discussion of disinformation relate to everything else happening today in Davos?”

Sulzberger responded:

“Well, first, thanks for having me is as part of this conversation. As you can imagine, this is something I really care deeply about. So, I think if you look at this question of disinformation, I think it maps basically to every other major challenge that we are grappling with as a society, and particularly the most existential among them…

…click on the above link to read the rest…

‘Fragmented world’ sleepwalks into World War III

‘Fragmented world’ sleepwalks into World War III

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)

The self-appointed Davos “elites” are afraid. So afraid. At this week’s World Economic Forum meetings, mastermind Klaus Schwab – displaying his trademark Bond villain act – carped over and over again about a categorical imperative: we need “Cooperation in a Fragmented World”.

While his diagnosis of “the most critical fragmentation” the world is now mired in is predictably somber, Herr Schwab maintains that “the spirit of Davos is positive” and in the end we may all live happily in a “green sustainable economy.”

What Davos has been good at this week is showering public opinion with new mantras. There’s “The New System” which, considering the abject failure of the much ballyhooed Great Reset, now looks like a matter of hastily updating the current – rattled – operating system.

Davos needs new hardware, new programming skills, even a new virus. Yet for the moment all that’s available is a “polycrisis”: or, in Davos speak, a “cluster of related global risks with compounding effects.”

In plain English: a perfect storm.

Insufferable bores from that Divide and Rule island in northern Europe have just found out that “geopolitics”, alas, never really entered the tawdry “end of history” tunnel: much to their amazement it’s now centered – again – across the Heartland, as it’s been for most of recorded history.

They complain about “threatening” geopolitics, which is code for Russia-China, with Iran attached.

But the icing on the Alpine cake is arrogance/stupidity actually giving away the game: the City of London and its vassals are  livid because the “world Davos made” is fast collapsing.

Davos did not “make” any world apart from its own simulacrum.

Davos never got anything right, because these “elites” were always busy eulogizing the Empire of Chaos and its lethal “adventures” across the Global South.

…click on the above link to read the rest…

“Distasteful Masterclass In Hypocrisy”: Elites Swarm Davos In Private Jets To Discuss Climate Crisis

“Distasteful Masterclass In Hypocrisy”: Elites Swarm Davos In Private Jets To Discuss Climate Crisis

The annual conference of the World Economic Forum begins today in Davos, Switzerland. Global elites landed in luxurious private jets over the last few days in airports around Davos to discuss important global challenges, such as climate change, behind closed doors.

“The rich and powerful are swarming to Davos to discuss climate and inequality behind closed doors using the most unequal and polluting form of transport: private jets,” Klara Maria Schenk, transport campaigner for Greenpeace’s European mobility campaign, told news website Politics.co.uk.

Greenpeace International published a new report that showed 1,040 private jets flew in and out of airports around Davos for last year’s meeting, causing CO2 emissions from private jets to increase four times more versus a weekly average.

“Given that 80% of the world’s population has never even flown, but suffers from the consequences of climate-damaging aviation emissions, and that the WEF claims to be committed to the 1.5°C Paris Climate Target, this annual private jet bonanza is a distasteful masterclass in hypocrisy. Private jets must be consigned to history if we are to have a green, just and safe future for all. So-called world leaders must lead by example and ban private jets and useless short-haul flights,” added Schenk.

WEF hopes to tackle what they believe is a climate crisis plaguing the world despite most attendees arriving by private jets, which are the most polluting mode of transport per passenger

And motorcades of WEF attendees were spotted in gas-guzzling SUVs and high-end sedans.

Meanwhile, climate protesters spent Monday morning blocking at least one airport used by the super-rich.

…click on the above link to read the rest…

“A New System” – Inside the Davos Summit 2023WEF conference looks set to focus on what the globalist elite can learn from the failures of their “pandemic” narrative.

“A New System” – Inside the Davos Summit 2023

WEF conference looks set to focus on what the globalist elite can learn from the failures of their “pandemic” narrative.

The World Economic Forum’s annual meet-up kicks off tomorrow. Politicians, corporate giants, “philanthropists” and all manner of elite monstrosities gather for a weekend of telling each other how smart they are and making the world generally worse.

But what’s on the menu this year?

Well, here are the five main items up for discussion, according to the WEF’s website:

See if you can notice a pattern:

  1. Addressing the Current Energy and Food Crises in the context of a New System for Energy, Climate and Nature
  2. Addressing the Current High Inflation, Low Growth, High Debt Economy in the context of a New System for Investment, Trade and Infrastructure
  3. Addressing the Current Industry Headwinds in the context of a New System for Harnessing Frontier Technologies for Private Sector Innovation and Resilience
  4. Addressing the Current Social Vulnerabilities in the context of a New System for Work, Skills and Care
  5. Addressing the Current Geopolitical Risks in the context of a New System for Dialogue and Cooperation in a Multipolar World

Now, none of this is news. A “new system” for energy is a “green new deal”, a “new system” for international cooperation is some type of global governance, and a “new system” for investment and trade covers a lot of topics, including digital currency.

Like I said, nothing new, but it’s always refreshing to see it in print, with no effort to hide it.

It’s also interesting that they don’t use the phrases “new normal”, “great reset” or “build back better” anywhere on the page, despite the fact it’s obviously what they’re talking about.

A little victory for the alternate media, who have clearly raised enough awareness that those phrases are now considered too tainted to use.

…click on the above link to read the rest…

“Catastrophic Outcomes”: Davos Elite Worried About Global Volatility, Cost-Of-Living Crisis

“Catastrophic Outcomes”: Davos Elite Worried About Global Volatility, Cost-Of-Living Crisis

What happens when plebs can’t afford bread, and the circuses aren’t that entertaining?

Nothing good. Which is why the cost-of-living crisis is the #1 problem, according to the World Economic Forum’s Global Risks Report – an annual poll of 1,200 government, business and civil society professionals.

According to the poll, there will be little respite from “energy inflation, food and security crises” in the coming years (or months?).

In the near term, nearly 70% of those polled say volatile economies and various ‘shocks’ are in the cards, while 20% or so of those polled say they fear “catastrophic outcomes” within the next 10 years, according to Bloomberg.

Very few leaders in today’s generation have been through these kind of traditional risks around food and energy, while at the same time battling what’s coming up in terms of debt, what’s coming up in terms of climate,” said Saadia Zahidi, WEF managing director, who warned that the world may be entering a “vicious cycle.”

“We’re going to need a sort of new type of leadership that is much more agile,” she told Bloomberg Television.

Next week will mark the annual WEF conference in Davos, Switzerland, where the global elite will sit around and discuss how best to run our lives.

The gathering begins at a time when inflation is at a four-decade-high across many advanced economies, with interest rates far more elevated than anyone was predicting 12 months ago.

The report calls for global cooperation, and warns that if governments mishandle the current crisis they “risk creating societal distress at an unprecedented level, as investments in health, education and economic development disappear, further eroding social cohesion.”

Increases in military expenditure could reduce support for vulnerable households, leaving some countries in a “perpetual state of crisis” and set back the urgent need to tackle climate change and biodiversity loss. -Bloomberg

…click on the above link to read the rest…

You Don’t Have to be a Conspiracy Theorist to be Worried About the World Economic Forum

You Don’t Have to be a Conspiracy Theorist to be Worried About the World Economic Forum

It wields no formal political power and can’t make anyone do anything. Nonetheless, since its founding in 1971, the WEF has become an organisation which embodies supreme confidence in the imperative of a particular type of person running the world from the top-down. In his famous 2004 essay entitled ‘Dead Souls’, the political scientist Samuel P. Huntington called this prototype ‘Davos Man’.

A clever moniker that neither Schwab nor the WEF have ever succeeded in shaking off, Davos Man was Huntington’s short-hand description of “academics, international civil servants and executives in global companies, as well as successful high-technology entrepreneurs” who thought alike and tended to view national loyalties and boundaries “as residues from the past”. Davos Man also looked with undisguised disdain, Huntington suggested, upon those who weren’t getting with the programme – whatever the content of the programme happened to be.

Therein lies the deepest problem with the WEF. It’s one thing for people to come together in international settings to discuss problems, share insights, and network. Business leaders, politicians, and NGO-types do this all the time.

…click on the above link to read the rest…

The Dark Agenda Behind the WEF’s Green Energy Push

The Dark Agenda Behind the WEF’s Green Energy Push

Recently, the COP27 meeting concluded in Egypt with the World Economic Forum laying out 40 metrics the world must accomplish by 2030, including the below ones that I thought were the most revealing of the ones they outlined:

(1)   Shut down 925 average-size coal plants a year;

(2)   Increase public transportation infrastructure 6X’s faster than the current rate to decrease individual driving;

(3)   Lower CO2 from cement production 10X’s faster than the current rate;

(4)   Reduce the rate of deforestation 2.5X’s faster;

(5)   Shift to plant-based diets 5X’s faster (call for a drastic reduction in beef consumption per capita in developed nations); and

(6)   Phase out oil subsidies 5X’s faster

The above policy directives are interesting for Directives (1) and (6) obviously feed into WEF’s agenda of

greatly increased reliance on inefficient expensive green energy, a policy agenda that will cause energy prices around the world to soar into unaffordable price levels for many people and create a decision in many households between feeding one’s family or heating/cooling one’s home during winter/summer seasons. Directive (2) is about reducing our rights to privacy and to future car ownership, an iteration of Klaus Shwab’s declaration that “you will own nothing and be happy”.  At first glance, Directive (3) seems to be a call for massively decreasing the levels of building construction in large cities around the world and stymying any commercial real estate growth, but new methodologies of fabricating cement that rely on electrolyzers and no CO2 production, if perfected, could accomplish Directive (3) without calling for a massive decrease in the rate of all commercial real estate growth.

Directive (4) is somewhat of a shock to me, because as you know, in this article, I called out the extreme hypocrisy of the WEF and other man-made climate change advocates in their dismissal of the massive contribution of rainforest destruction to increased levels of CO2 by these 13 companies:

…click on the above link to read the rest…

Why China Sucks: It’s A Beta Test For The New World Order

Why China Sucks: It’s A Beta Test For The New World Order

For over a decade there has been an open globalist obsession with the Chinese governmental model – A love affair, if you will. Many top proponents of global centralization including Henry Kissinger and George Soros have praised China in the past and hinted that the communist country is burgeoning into a major player within the New World Order. Soros expressed this exact sentiment way back in 2009, around the time that China began courting the IMF and issuing trillions in Yuan based treasury debt in order to join their global currency initiative.

Several years later, China was inducted into the IMF’s Special Drawing Rights basket. The CCP now avidly supports the creation of a new global currency system with the IMF in control.

This is a reality I have been writing about for many years: China does NOT stand in opposition to global centralization under the control of western oligarchs. All they want is a prominent seat at the table when the “Great Reset” kicks off and total centralization begins. But the above information only suggests an economic relationship between China and the globalists. Does the alliance go even further than that?

Recently, Klaus Schwab of the World Economic Forum gave an interview to the Chinese government controlled CGTN at the APEC Summit. In that interview, Schwab praises China as a role model for many other nations. This might shock some people considering China’s economy is faltering, with their global exports plunging in 2022 and their housing market in shambles. This decline is in large part due to global stagflation, but also due to their insane “zero covid” policy which has kept the nation under pandemic lockdown for years.

…click on the above link to read the rest…

The Great Rehash, Part Three: Unsafe and Ineffective

The Great Rehash, Part Three: Unsafe and Ineffective

In the first two parts of this sequence of posts (12), I’ve outlined the background of the Great Reset, Klaus Schwab’s dreary rehash of the last half century or so of fix-the-world schemes, and used the creation and destruction of the Georgia Guidestones as a lens through which to see how those schemes have so reliably run face first into the brick wall of reality.  In this third part of the sequence I want to put those phenomena in a broader context.

My regular readers will not be surprised to hear that there are historical parallels for the situation we’re in, in which a complex society is managed by a caste of privileged intellectuals convinced that their mastery of abstract notions makes them uniquely qualified to run the world. That’s a common state of affairs at a certain point in the history of civilizations.  My regular readers won’t be surprised, either, to learn that quite often the point in question is roughly where the first half of the time-honored phrase “decline and fall” gives way to the second half.

Something of the sort happens tolerably often when a clerisy ends up in control of a society.  A clerisy?  Why, yes. For those of my readers who aren’t familiar with the further shores of English vocabulary, a clerisy is a group of people whose claim to privilege is that they’re better educated and therefore, at least in theory, smarter than the rest of us.

Samuel Taylor Coleridge, who was a better poet than philosopher and a better philosopher than political theorist, coined the word in 1818. He believed that in order to flourish, humanity needed the guidance of a secular organization of well-educated people to tell the rabble what to think…

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

WEF Playbook: Collapse Sri Lanka Today, the West Tomorrow?

WEF Playbook: Collapse Sri Lanka Today, the West Tomorrow?

Unless you’re reading this from Belarus or North Korea, safely outside of the WEF clutches (for now), your state is losing its sovereignty right in front of your eyes.

Here’s a perfect case study from Sri Lanka.

You might’ve seen sensationalist coverage of the riots in Western media, but likely none that deeply explores the underlying cancer that’s metastasized on the island.

Social unrest is the symptom; technocratic social engineering is the disease.

Sri Lankan gas prices are through the roof; food is scarce; the government has defaulted on its crushing debts; the ruling fat cats, who drink and gamble while the country crumbles around them, have only gotten richer in the interim (sound familiar?).

In response to the crisis, the overlords have opportunistically treated Sri Lankans to digital fuel passes via QR codes to ration supplies:

 

The economy didn’t magically implode on its own. Rather it’s the culmination of years of self-serving mismanagement by the ruling family and intentional, calculated manipulation from the global technocrats at the WEF and its appendages.

Before the pandemic, tourism accounted for 12% of Sri Lanka’s GDP. Millions of Sri Lankans depended on the influx of visitors for their livelihoods. Brutal COVID-19 lockdowns eliminated essentially that entire economic sector overnight.

To compensate, the proposed solution – at the behest of “Sri Lankan NGO society and civil society” – was to eliminate imports of foreign agricultural fertilizer and pesticides. President Rajapaksa, of the ruling family, forced a sudden switch to all-organic farming.

Organic farming is optimal for human and environmental health – but, in this case, the government made no effort to train farmers or to provide viable alternative natural fertilizers.

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

Olduvai IV: Courage
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Olduvai II: Exodus
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