Economist Issues a Chilling Warning (You Should Prepare)

I am going to ask you to predict and project, so go out on a limb, but the United States has been experiencing, I think what's fair to call an asset bubble, certainly you see it in real estate markets, but not just real estate, cryptocurrency, etc. What happens to assets in the United States as this war progresses and as the global system changes? In principle, of course, in real estate markets we have big cycles, they're slow-moving, and the cycles are a function of, in real estate, of interest rates and the quantity of credit, more importantly, for real estate transactions. Assets are somewhat overpriced, I dare say, in the U.S., but particularly when you look at stock markets, it doesn't necessarily mean there will be an immediate crash, but I do think we are heading towards a crisis, and again, if you look at the big game that's being played, then it's quite clear that this has to happen, if the working hypothesis is that there are forces out there that want to dethrone America, and they may be active in America, even these forces, and that means also dethroning the dollar, and that would explain why China actually had been strengthened with American investment in the past, because you're building up this opponent that can help take down America, if you make sure America stays aggressive and adopts anti-China policies, which also seems to be happening to some extent. So then, what are the scenarios here, and what's the way, well, as we said, whenever you have these big wars, they lead to currency system changes, the global financial system changes, so we moved from, first, the British pound, which was on and off the gold standard, then we moved to the Bretton Woods dollar standard, which was a gold standard, and, but of course, gold standard, you know, some people think, oh, that means it's one-to-one to gold, and you can't create money, no, that never happened, such a gold standard never existed, there's always been bank credit creation, and that's how the real game is played, but it's some kind of limit, because as soon as, you know, it turns out America's creating too many dollars buying up assets in Europe, the French were not yet part of NATO, therefore not part of the command structure, it was the French that called out America, and they said, okay, you're printing all these dollars and you're buying us up, what we can do is we can change these dollars now into gold, we want to see gold, so that's, you know, but so then we moved from the 71, Nixon shock, US default on its international gold obligations, then we moved to the petrodollar, which, of course, is very closely intertwined to actions in the Middle East and all the wars in the Middle East, oil was only allowed to be sold against the US dollar, anyone who did otherwise, whether it's in Iraq, Saddam Hussein, or in Libya, Gaddafi, that was a big no-no, and led to severe consequences, warfare, and we get killed for that, you get killed for it, exactly, so what's next, because also when the last, you know, when the Nixon shock happened, and we moved from the gold dollar to the petrodollar, there was also inflation, inflation is a good camouflage, that, you know, it sort of makes it easier to rearrange the monetary system, it was entirely monetary inflation, by the way, not energy-driven, it was the central bank creating a lot of money, but we had the same in 2020 with the COVID psy-op, money creation by central banks, no economic rationale for this whatsoever, it was clear 18 months later we get inflation as a result, and that's what happened, so it looks like we're, and, you know, now we could be, it looks like we're heading into the second run of inflation, it's still early stages, not entirely clear, my guess, without having yet the necessary data, but I think there will be a second bout of inflation, and, but we already had the first bout, and it indicates that we are in this phase of running up towards the next rearrangement of the monetary system, what is it going to be? Well, that seems to be increasingly clear, it's going to be digital, based on digital identity, and I think we therefore should oppose digital ID on all fronts, we're humans, we're not digits, you know, we have digits, 10 digits, okay, but, you know, we should not subject ourselves to this regime where if you don't provide the right digital ID credentials, you're not accepted as a human, and you don't have the human rights in reality, I mean, that's, you know, dehumanizing, we should reject it just on that principle, but there's many other reasons why we should reject it, it is the beginning of this control regime of a digital currency. Now, digital currency as such is not a bad thing, because for half a century, we've been using bank digital currency, BDC, we could call it, yeah, because the banking system has been digital, and most money is created by banks, it's digital money, we have been using decentralized bank digital money, and actually has worked quite well, and the banks have never sold our personal transactions data to anyone. So actually, we should laud the banks, because the new regime is all about, you know, our information about our transactions being sold freely, the government is now Facebook, and yes, being used to manipulate us, whether it's in elections, or, you know, to sell products and services that we don't really need. So it's going to be a digital currency, it is marketed as CBDC, central bank digital currency, I call it central bank digital control, because that's what it is, it's not really a currency, it's more control, as Catherine Austin Fitts always points out quite correctly. And so, because we've been using BDC, bank digital currency, what is the difference? It's the central. They tell us as justification, Christine Lagarde, that we need this because there's Bitcoin, we need digital central bank currency now as well. Well, the digital is not the new aspect, we have digital money. It's the central aspect that this is about. Because, and particularly if there's now another bout of inflation, and in some countries with the boom-bust cycles being arranged such that in Germany, we are heading, we're in a property bust now, there was the bubble arranged by the ECB from 2009 to 2022. Now property prices are steadily declining, putting banks slowly under more and more pressure. They were forced to do this by the ECB, it's the same game as Bank of Japan's game, in Japan. And so, banking crisis, of course, is ideal, and inflation to launch your CBDC. That's for Europe. In other countries, there may be slightly other rationales and justifications for introducing it. But a crisis, one way or another, is always good. A war, of course, is even better because then it's just wartime, direct diktats, you can't do anything, it's wartime, you have to accept whatever you're told. And as a wartime measure, of course, that's the ultimate. If everything else fails, then definitely wartime measures will be used to introduce these measures. So we're heading towards digital control systems, where we have no more control over our liquid assets. It will be, of course, programmable, permission-based, so only what the central planners allow you to use your money for, at what time and place and location will be permitted. And if you're in the wrong place, it's not going to work. And if you're buying the wrong book title, it's not going to work, and so on. I mean, there's no limit to how much you can fine-tune and control. Oh, they don't have so much power, they can't control, you know, millions of people. Well, this is what the drive to build all these hundreds, in fact, thousands of data centers is about. It is an organizational challenge to micromanage the world's population through the new financial world order. Yes, but they're working on solving that. AI is really about that. If AI was about helping us to be more productive, the principle of decentralization would be applied, because any human organization and anything where humans are involved, if you introduce the principle of decentralization subsidiarity, it will be more productive, no doubt, more efficient, more productive. That's been demonstrated in many contexts that I mentioned, the warfare, military, and businesses, and so on. It's true for everything. But that's not what they're doing. They're creating highly centralized structures, which proves that it's not about actual productivity, it's about control, controlling us. That's why they need these huge resources. Then you can control inflation easily, because people can't buy when the central banks don't allow you to buy. So then prices can't be driven up. And also you control movement of people. You can't buy a ticket. You can't go here and there because your money won't work outside a certain zone, whether it's a 15-minute prison zone or whatever it may be. It is the totalitarian dictator's dream come true. And that is the scary thing. Most people are still not aware that we are so close to the scariest, most dystopian system, where we're giving so much control and power into the hands of ever fewer people over our lives and billions of people. Again, if everyone is good, like the majority of people, and the controllers, the elites, the central planners are good, it's not an issue. But that's not what human history teaches us, and human nature we know is different. Most people actually, once they're given a lot of power, that comes with temptations of power, and most can't handle those temptations. And they give in. And then that's when power gets abused. That's why Lord Acton, a British political observer and advisor to prime ministers, concluded power corrupts. Most people get corrupted by power. They can't handle power. And absolute power corrupts absolutely. We're talking about absolute power in the hands of central planners if we allow the central bank digital currency to be imposed. And the central planners will have this absolute power. Of course, they have already monetary power, but they will have the tools to deploy this in every detail to micromanage us. That is a new dimension of power, and effectively includes fiscal policy, because ultimately everything becomes controlled by the central bank. So now you could still say, well, we have some politicians, they meet for parliamentary votes, and they decide budgets. Well, all that will become obsolete because everything will be controlled by the central bank. This is what the politicians don't realize, that the central bank digital currency is the first step by the central planners, the monetary central planners to take over everything. So the dangers are just so manifold that it's quite clear that we have to stop this. So, I mean, this is really the big scenario. And that's where we see forces pushing as internationally power gets ever more centralized. Despite this being the biggest lesson of the 20th century, there's not a good idea to constantly have more power in the hands of fewer and fewer people. This is actually being accelerated in the 21st century. On the basis of lies about the 20th century. Indeed. Indeed. Yeah. Spring is the most refreshing time of year. Nothing compliments it better than Black Rifle Coffee. Lots of it. It's an American company founded by veterans with conviction. They built the whole thing around a simple idea. 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