How go the sanctions? The Euros and Americans are still talking sanctions up, but there’s no real unity. It’s something like the promises of military aid to Ukraine—which, upon closer examination to be mostly obsolete or ineffective equipment that will arrive, if ever, after the war is over. The Russians probably won’t destroy, instead taking custody for resale. Maybe these arms shipments are a way to repay Russia for the confiscated reserves.
Whatever other motives may have been at play in the Biden Admin decision to run at light speed from any effort to prevent war and the predictable economic suffering it would bring worldwide, at least two of them are easy to spot: 1) it gave them a seamless transition away from the two years of covid policy crimes against humanity, and 2) it gives them a way to put off any serious raising of interest rates before the midterms. Once Rs control Congress, Ds hope they can force the Rs to respond to the Democrat caused inevitable crash in one of two ways: cave in to an economically suicidal more-socialist-than-ever restructuring of the economy or be tagged as heartless do-nothings who could've delivered relief to the people but gleefully chose instead to serve their billionaire masters and let the people suffer mercilessly.
Women and minorities and trans, of course, hardest hit by far.
We in the west have a financial system that is an absolute and total fraud. Corporations that produce nothing with market caps valued in the multi billions of scrip "dollars" . . . when this system crashes and burns it will be a good day. Painful yet necessary!
Again, this is the Oligarchy's great and ultimate gamble. They believe that a crash is inevitable due to the ocean of debt that cannot be repaid, not to mention other systemic fault lines. So for them they will attempt to ride the tiger by presiding over the Collapse and, in classic Cloward Piven fashion, use the crisis to complete the transformation of the US into an authoritarian oligarchy of sorts.
Really, we already have it in place now to a great extent. Who controls just about all the levers of power? A public private "partnership " (ie cartel) between political oligarchs of the Uniparty and corporate oligarchs. Who decided that schools should be closed for a year? A commisar of public health. Who shut down businesses and mandated injections and unsafe muzzles? It wasn't We the People.
The Oligarchs can feel pretty confident that when the stick market crashes, when unemployment hits Depression levels, when food in stores get scarce and rationed, the American Sheeple will do whatever Big Bro says just like ghe Scamdemic.
The crashing economy isn't a bug, it's a feature. They just have to make sure that they use it to finish strangling what's left of American freedoms. (And don't think that the millions of illegals pouring in via southern border isn't part of their plan. These people can be counted on to demand everything the OGUS is handing out no matter the price. And if the OGUS has to arm them to maintain order and obedience many of these illegals come from predatory cultures perfectly happy to oblige (h/t Michael Yon).
His idea is there are two major Western finance influencers, one is the Davis / WEF supporters that are basically fascism / communism 1984 surveillance society with European leadership.
And another US Big Finance. Goldman Sacks, jp Morgan, etc.
And they have different goals. The change from libor was about removing European control of interest rates.
And Nancy Yellen has been a joke on inflation, and he labels her as a Davos follower.
And Powell has. It been confirmed, since he is pro US finance and has zero use for build back better.
And CT just had this interview by imf head about too much money being printed:
I like Luongo's analysis insofar as it goes. And i think his view is an important piece of the overall puzzle, especially as it pertains to the larger players in the world and the reality that the oligarchs or criminal Cartel or whatever we want to name them-- they aren't a monolithic block or anywhere close to united. So Luongo gets this essential antagonism between Davosi and Wall Street/US Big Banking correct. (There are, of course, many other warring factions amongst the Oligarchs--- Uniparty pols, Fourth Branch intel, Big Tech, Big Media, Mil Industrial Complex).
Where Luongo seems to fall short is the ultimate implications of Fed action. He sees Powell upping rates which will drain massive capital from ECB and crash them and allow the Fed and US banks to avoid Davos control. Great. But it's universally understood that these higher rates will crater the US economy as well since so much of it is collateralized by nothing more than financial assets and once those assets are devalued the card house comes down.
So we are back to collapse and how that plays out will be a street battle. DC will attempt to impose draconian measures that will make the Scamdemic look like a luxury cruise. Will Americans stand for it? Will the military support or oppose it? This has to play out and Spain 1930s seems a likely template.
This is why it's shortsighted to criticize Durham for not indicting government officials. Not only does this misunderstand some of the legal issues involved--and legal issues should be important to conservatives--but it fails to appreciate the overwhelming importance of non-government oligarchs.
The final paragraph of this post is a keeper. Ninety words that punch a ton or so above their weight.
Whatever other motives may have been at play in the Biden Admin decision to run at light speed from any effort to prevent war and the predictable economic suffering it would bring worldwide, at least two of them are easy to spot: 1) it gave them a seamless transition away from the two years of covid policy crimes against humanity, and 2) it gives them a way to put off any serious raising of interest rates before the midterms. Once Rs control Congress, Ds hope they can force the Rs to respond to the Democrat caused inevitable crash in one of two ways: cave in to an economically suicidal more-socialist-than-ever restructuring of the economy or be tagged as heartless do-nothings who could've delivered relief to the people but gleefully chose instead to serve their billionaire masters and let the people suffer mercilessly.
Women and minorities and trans, of course, hardest hit by far.
We in the west have a financial system that is an absolute and total fraud. Corporations that produce nothing with market caps valued in the multi billions of scrip "dollars" . . . when this system crashes and burns it will be a good day. Painful yet necessary!
Again, this is the Oligarchy's great and ultimate gamble. They believe that a crash is inevitable due to the ocean of debt that cannot be repaid, not to mention other systemic fault lines. So for them they will attempt to ride the tiger by presiding over the Collapse and, in classic Cloward Piven fashion, use the crisis to complete the transformation of the US into an authoritarian oligarchy of sorts.
Really, we already have it in place now to a great extent. Who controls just about all the levers of power? A public private "partnership " (ie cartel) between political oligarchs of the Uniparty and corporate oligarchs. Who decided that schools should be closed for a year? A commisar of public health. Who shut down businesses and mandated injections and unsafe muzzles? It wasn't We the People.
The Oligarchs can feel pretty confident that when the stick market crashes, when unemployment hits Depression levels, when food in stores get scarce and rationed, the American Sheeple will do whatever Big Bro says just like ghe Scamdemic.
The crashing economy isn't a bug, it's a feature. They just have to make sure that they use it to finish strangling what's left of American freedoms. (And don't think that the millions of illegals pouring in via southern border isn't part of their plan. These people can be counted on to demand everything the OGUS is handing out no matter the price. And if the OGUS has to arm them to maintain order and obedience many of these illegals come from predatory cultures perfectly happy to oblige (h/t Michael Yon).
Listening to a Tom Luongo interview was eye opening:
https://tomluongo.me/2022/04/23/media-ricetvx-com-dollar-wef-globalization/
His idea is there are two major Western finance influencers, one is the Davis / WEF supporters that are basically fascism / communism 1984 surveillance society with European leadership.
And another US Big Finance. Goldman Sacks, jp Morgan, etc.
And they have different goals. The change from libor was about removing European control of interest rates.
And Nancy Yellen has been a joke on inflation, and he labels her as a Davos follower.
And Powell has. It been confirmed, since he is pro US finance and has zero use for build back better.
And CT just had this interview by imf head about too much money being printed:
https://theconservativetreehouse.com/blog/2022/04/22/imf-director-after-covid-spending-spree-inflation-and-global-food-crisis-perhaps-we-need-to-pay-attention-to-law-of-unintended-consequences/#more-232196
And 80% of all US dollars were created in last two years:
https://thefreethoughtproject.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-last-two-years/
Ray
I like Luongo's analysis insofar as it goes. And i think his view is an important piece of the overall puzzle, especially as it pertains to the larger players in the world and the reality that the oligarchs or criminal Cartel or whatever we want to name them-- they aren't a monolithic block or anywhere close to united. So Luongo gets this essential antagonism between Davosi and Wall Street/US Big Banking correct. (There are, of course, many other warring factions amongst the Oligarchs--- Uniparty pols, Fourth Branch intel, Big Tech, Big Media, Mil Industrial Complex).
Where Luongo seems to fall short is the ultimate implications of Fed action. He sees Powell upping rates which will drain massive capital from ECB and crash them and allow the Fed and US banks to avoid Davos control. Great. But it's universally understood that these higher rates will crater the US economy as well since so much of it is collateralized by nothing more than financial assets and once those assets are devalued the card house comes down.
So we are back to collapse and how that plays out will be a street battle. DC will attempt to impose draconian measures that will make the Scamdemic look like a luxury cruise. Will Americans stand for it? Will the military support or oppose it? This has to play out and Spain 1930s seems a likely template.
This is why it's shortsighted to criticize Durham for not indicting government officials. Not only does this misunderstand some of the legal issues involved--and legal issues should be important to conservatives--but it fails to appreciate the overwhelming importance of non-government oligarchs.