Yesterday I tied together a dynamite Tucker Carlson monologue with other reporting that was more technical in style. The part of the Tucker monologue that really grabbed me—mind you, it’s all great stuff—had to do with the financial strip mining of the American middle class by the ruling class elite:
So much to unpack. Most people dismissed Obama's use of Cloward-Piven strategies back in 2008-2010 as nut-job, right-wing conspiracy theory. Yet we watched as system after system was assaulted, then deliberately overwhelmed while their first goal of massive expansion of the welfare state was achieved. It literally was his plan to intentionally destroy capitalism in the US by pumping up the welfare roles to the point of collapsing our economy, then nationalizing as many of the institutions he could.
It's all Alinsky and it's pretty clear that domestically, the same folks still working this strategy (who got their a$$es handed to them at the ballot box in 2010 mid terms) are the same folks bent on scorched earth policy now, just 'behind the scenes' but are now more deeply partnered with globalists, running Cloward-Piven at the global level.
Europe and especially Germany are hosed, but the hit to our dollar will be especially painful to so many of us retired, or ready to retire in the US after 40+ years of work... I'm honestly not sure how personally 'de-dollarize' my retirements as Luongo alluded to... There doesn't seem to be any place to move to, out of the way of this train wreck.
Mark, I wish I were more intelligent so that I could completely understand this. We watch Tucker. I read you, plus several other people. I keep asking myself, how and why did the financial people support and vote this man into the presidency. I also can remember one of the heads of an investment group writing in one of his letters to 'us' the investors how 'things' would settle down now that Trump was gone and Biden had placed guys like Blinken as head of State. A large fund manager, controlling millions and millions of dollars and he trusted this administration. There are so many like him on the left who control so much capital. What were they thinking?
Ray Dalio is the Founder of the largest and most successful hedge fund in the USA. He is a straight up Davoise Globalist - though he admire China more than a typical Davoisian. Regardless, he is a talented, intelligent and well connected man who has spent time and effort distilling his thoughts and experiences about the world of finance into eminently consumable books and videos.
Indeed, his predictions often actually resemble reality in the real world. His thinking aligns with Luongo's - though to my untrained eye it is more sophisticated and exhaustive
Dalio also wrote a book recently on 'world orders' - studying the decline of empires and their reserve currencies (Dutch Guilder, British Pound and various Chinese Kingdoms over the centuries) and the associating circumstances (war, revolutions, pandemic/natural disasters) - the book is here https://www.principles.com/ and an animated explainer here: https://www.youtube.com/watch?v=xguam0TKMw8
Mark, I can't properly express how much I appreciate this posting and its predecessor (both your remarks and the referenced information). I wasn't going to comment because a "heart" is a love and I didn't want to be redundant. But the content of these posts is so eye-opening and so crucial to understanding what is truly going on in the world now and has such tremendous impact on all of our futures. You have done all of us a tremendous favor by presenting this in as comprehensible fashion as possible. Thanks!
Whats the next thing they’ll get you to hate? Today it’s Russians, a few weeks ago it was the truckers, before that the unvaccinated, & before that those of a different political ideology. So who’s next before you realize you’re being manipulated to not focus on the actual enemy?
This is what I understand Catherine Austin Fitts to have been warning about and her suggestions - to use cash as much as possible, bank and buy and sell local, support small business and small banks, invest in tangible assets, are all ways we can fight them and also prepare for the collapse of the petrodollar. It seems evident to me that Trump and COVID and everything after was always about this impending collapse. We have been warned.
Looks like you made time to take the "deep dive" into all the economic and financial implications. Much appreciate the blog to sort of make sense of things. I read the article you referred to in the other blog on this topic a week or so ago. Head spinning stuff.
These economic/financial (no fan of Keynesian vodoo) are a consequence of policies years in the making as suggested. Credit Suisse is in much trouble too for laundering money news lately and IMO losing a great deal of credibility. China is now telling Russia to halt as it does not to be too associated as the sole economic de-facto "go to".
Further, it appears the Nuland statement of Bio research labs and the hub bub is creating Pres. Z to re-think his position and move towards a negotiated agreement w/Russia. Appears to be all the things Putin asked for in the beginning. Sadly, I'm sure Nuland et al are forcing Pres. Z to this uncompromised compromise.
Finally, do you recommend Bill Barr's book? Haven't gotten it yet and thinking about it...
So much to unpack. Most people dismissed Obama's use of Cloward-Piven strategies back in 2008-2010 as nut-job, right-wing conspiracy theory. Yet we watched as system after system was assaulted, then deliberately overwhelmed while their first goal of massive expansion of the welfare state was achieved. It literally was his plan to intentionally destroy capitalism in the US by pumping up the welfare roles to the point of collapsing our economy, then nationalizing as many of the institutions he could.
It's all Alinsky and it's pretty clear that domestically, the same folks still working this strategy (who got their a$$es handed to them at the ballot box in 2010 mid terms) are the same folks bent on scorched earth policy now, just 'behind the scenes' but are now more deeply partnered with globalists, running Cloward-Piven at the global level.
Europe and especially Germany are hosed, but the hit to our dollar will be especially painful to so many of us retired, or ready to retire in the US after 40+ years of work... I'm honestly not sure how personally 'de-dollarize' my retirements as Luongo alluded to... There doesn't seem to be any place to move to, out of the way of this train wreck.
Mark, I wish I were more intelligent so that I could completely understand this. We watch Tucker. I read you, plus several other people. I keep asking myself, how and why did the financial people support and vote this man into the presidency. I also can remember one of the heads of an investment group writing in one of his letters to 'us' the investors how 'things' would settle down now that Trump was gone and Biden had placed guys like Blinken as head of State. A large fund manager, controlling millions and millions of dollars and he trusted this administration. There are so many like him on the left who control so much capital. What were they thinking?
Some recommendations, Mark:
Ray Dalio is the Founder of the largest and most successful hedge fund in the USA. He is a straight up Davoise Globalist - though he admire China more than a typical Davoisian. Regardless, he is a talented, intelligent and well connected man who has spent time and effort distilling his thoughts and experiences about the world of finance into eminently consumable books and videos.
Indeed, his predictions often actually resemble reality in the real world. His thinking aligns with Luongo's - though to my untrained eye it is more sophisticated and exhaustive
This is a link to an exhaustive book on the world financial system, available for free. I highly highly recommended - it is all encompassing, yet written for the layman. https://www.principles.com/big-debt-crises/ (book) and https://vimeo.com/389337443?embedded=true&source=vimeo_logo&owner=4693880 (50 minute video lecture)
Dalio also wrote a book recently on 'world orders' - studying the decline of empires and their reserve currencies (Dutch Guilder, British Pound and various Chinese Kingdoms over the centuries) and the associating circumstances (war, revolutions, pandemic/natural disasters) - the book is here https://www.principles.com/ and an animated explainer here: https://www.youtube.com/watch?v=xguam0TKMw8
Per Luongo, LME is owned by China, oh, I mean the HK Exchange. That explains the decision to save that Chinese nickel tycoon.
Mark, I can't properly express how much I appreciate this posting and its predecessor (both your remarks and the referenced information). I wasn't going to comment because a "heart" is a love and I didn't want to be redundant. But the content of these posts is so eye-opening and so crucial to understanding what is truly going on in the world now and has such tremendous impact on all of our futures. You have done all of us a tremendous favor by presenting this in as comprehensible fashion as possible. Thanks!
Fiorella Isabel
@FiorellaIsabelM
Whats the next thing they’ll get you to hate? Today it’s Russians, a few weeks ago it was the truckers, before that the unvaccinated, & before that those of a different political ideology. So who’s next before you realize you’re being manipulated to not focus on the actual enemy?
This is what I understand Catherine Austin Fitts to have been warning about and her suggestions - to use cash as much as possible, bank and buy and sell local, support small business and small banks, invest in tangible assets, are all ways we can fight them and also prepare for the collapse of the petrodollar. It seems evident to me that Trump and COVID and everything after was always about this impending collapse. We have been warned.
Looks like you made time to take the "deep dive" into all the economic and financial implications. Much appreciate the blog to sort of make sense of things. I read the article you referred to in the other blog on this topic a week or so ago. Head spinning stuff.
These economic/financial (no fan of Keynesian vodoo) are a consequence of policies years in the making as suggested. Credit Suisse is in much trouble too for laundering money news lately and IMO losing a great deal of credibility. China is now telling Russia to halt as it does not to be too associated as the sole economic de-facto "go to".
Further, it appears the Nuland statement of Bio research labs and the hub bub is creating Pres. Z to re-think his position and move towards a negotiated agreement w/Russia. Appears to be all the things Putin asked for in the beginning. Sadly, I'm sure Nuland et al are forcing Pres. Z to this uncompromised compromise.
Finally, do you recommend Bill Barr's book? Haven't gotten it yet and thinking about it...