Announcement

Collapse
No announcement yet.

Economic pressures

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • This thread is about economic pressures. Things are rapidly changing. The narrative is no longer focused on economic problems.
    Bill Gates and MANY other are intently focused on population reduction. The Club of Rome insists that America must reduce it's population by 100 million.
    The British Treasury just completed a study showing that mankind is severely thrashing the natural world.
    https://www.theguardian.com/environm...-extreme-risks

    Armstrong asks; Why is Boris Johnson destroying Britain?
    "Boris’ father, Stanley Johnson, is none other than from the same club as Bill Gates’ father and a eugenicist. Stanley changed his job to work for the Rockefeller Foundation in New York. All his ideas are that of Gates and Rockefeller, and he justifies cheering a reduction of 70 million people from the population in Britain to 10 million to enhance economic growth."
    https://www.armstrongeconomics.com/a...oying-britain/

    Armstrong again;
    Mario Draghi, the guy who has destroyed Europe with his negative interest rates since 2014 which failed, is now courting to become the Prime Minister of Italy.
    https://www.armstrongeconomics.com/i...euro-hes-back/

    Armstrong;
    "This “Build Back Better” is a marketing slogan coming out of the WEF and just look at all the world leaders using the very same phrase. Johnson’s father worked at the Rockefeller Foundation, which was also linked to Gates’ father, and they both want to reduce the population of the world. If they do it with vaccines and policies instead of guns, then it is not genocide or a war crime."
    https://www.armstrongeconomics.com/w...racy-theories/

    In this same article, Armstrong points out that the creation of the FED was a private affair to act as "mutual insurance" for member banks.
    Since then, the FED has been grossly twisted to suit the needs of the STATE.
    Since the State has the guns and the lawbooks, it was natural for the money masters to take it over.
    https://claudiograss.ch/2021/02/the-...to-one-entity/

    Klaus Schwab, Gates, Johnson and, many others are focused on population reduction.
    Trump was fighting them and,,, had to go.

    Many world leaders are focused on population reduction. The plandemic was unfolded to initiate the economic crash that would usher in population reduction and, draconian surveillance.
    Ivermectin and hydroxychloroquine came along and, somewhat spoiled the plans. 51% of Americans don't want the vaccine.
    https://www.presstv.com/Detail/2021/...-COVID-vaccine
    It is looking like the jab causes serious problems later on.

    Reportedly, the next crash is in Q3 of this year.
    It is certain that population reduction is very much the goal of many world leaders. What will they roll out with the next crash?

    Chris Hedges, "All of these measures are window dressing, masking the root cause of the demise of America — unchecked oligarchic power and greed. The longer wealth is funnelled upwards into the hands of a tiny, oligarchic cabal, who put Biden into office and whose interests he assiduously serves, we are doomed.

    Once an oligarchy seizes power, deforming governing institutions to exclusively serve their narrow interests and turning the citizenry into serfs, there are only two options, as Aristotle pointed out — tyranny or revolution
    The new wealth comes from a cartel capitalism far more concentrated and far more criminal than any of the cartels built by the old robber barons of the 19th century. It was made possible by Ronald Reagan and Bill Clinton who, in exchange for corporate money to fund their campaigns and later Clinton’s foundation and post-presidency opulent lifestyle, abolished the regulations that once protected the citizenry from the worst forms of monopoly exploitation. The demolishing of regulations made possible the largest upwards transference of wealth in American history.
    The new robber barons peddle the classless identity politics of the Democratic Party to deflect attention from their stranglehold on wealth and power"

    "Since the beginning of the pandemic, landlords have filed more than 227,000 evictions in just the 27 cities in five states that the Princeton Eviction Lab tracks — and that is with a national eviction moratorium. Twelve million renters, who owe an average of $5,600 in back rent and utilities, now face being thrown out of their homes. By the end of 2020 there were an estimated 50 million food-insecure Americans, up from 35 million in 2019. One in four households with children, according to a report from Feeding America, experienced food insecurity in 2020."
    "a “serious mistake.” Elon Musk, now one of the two richest humans, said that a second “government stimulus package is not in the best interests of the people.”

    Top economic policy voice under Obama & Clinton says $2,000 stimulus checks could OVERHEAT economy... and even $600 is too much

    Two shocking headlines that sum up Covid: Billionaires MADE $3.9 trillion during the pandemic, while workers LOST $3.7 trillion
    Yep, they're going to starve us out.

    Comment



    • https://www.rollingstone.com/politic...ountry-100466/

      Six Ways America Is Like a Third-World Country

      Comment


      • Six Ways America Is Like a Third-World Country
        So, who is to blame?
        "Amazon keeps workers moving for brutal durations: employee shifts consist of 10 hours or more of constant movement. In some instances, they suffer consequences if they go to the bathroom for longer than 6 minutes, since the company’s tracking and termination processes are automatic. If workers slip up too much, they can receive a computer-generated termination notice."

        A great many of the problems in America are due to the corporate mentality that demands that employees work like machines.
        Amazon,"they advertised the fact that all employees were permitted to take bathroom breaks (how revolutionary)."
        The PTB use currency inflation to effect price inflation. This assures that everybody sees a shrinking purchasing power. We must work harder and harder to maintain our standard of living.
        Our national productivity is all hitched up to the war machine. NO matter how bad our infrastructure gets, no funds are available.
        School lunches are considered to be a huge generosity. Free education,,, a complete impossibility.
        In their yearly comprehensive financial report, the UC system of colleges in California reports that it has $91 billion stashed away. It has an income of hundreds of $millions from processes & patents created by it's students & professors.
        THAT money is spent on administrators and, the professors are starved.
        https://crosscut.com/2016/09/adjunct...tle-university

        It is the corporate mentality of squeezing every last cent of profit out of everything within reach.
        The PTB squeeze us ever-tighter to keep us working.
        Elon Musk, now one of the two richest humans, said that a second “government stimulus package is not in the best interests of the people.”
        Everything must be stolen from us to keep us producing.
        National aggregate purchasing power is falling.
        Labor market participation is falling.
        2/04 Another 779,000 Americans filed new unemployment claims last week – Yahoo!

        50 million food-insecure Americans, up from 35 million in 2019
        1/4 million evictions.

        We've been driven down to poverty. Is it any wonder that crime is increasing?

        One large faction is hard at work to drastically reduce population.
        Apparently, by means of famine & disease.
        The corporate sector is deathly afraid that we might not show up for work if they paid us a living wage.
        Klaus Schwab wants to kill about 7 billion.

        Now, there is something new on the horizon.
        "As a reminder, the Going Direct Reset was approved at the G7 central bankers’ meeting in Jackson Hole on August 22, 2019. It is sometimes confused with The Great Reset promoted by the World Economic Forum"
        "The Going Direct Reset is about the reengineering of our financial system. The U.S. dollar reserve currency system is aging, and plans are underway for a new global financial system aimed at increasing centralized global control through the use of digital technology"
        https://home.solari.com/coming-thurs...ke-their-move/

        Comment


        • There is a new "mindset" emerging with the politicians. They are working mightily to quash any populism. A populist is anybody who stands up for basic human rights,,, that the corporatocracy refuse to consider.
          2/05 CIA counterterror chief suggests going to war against ‘domestic insurgents’ – Summit
          Thousands take to the streets as nationwide strike over pay & working conditions kicks off in France - Videos
          Keep in mind that the French work 205 days to pay all their taxes every year. There are a LOT of bureaucrats sucking up at the public food trough.
          2/01 Religious books seized, burned In Communist China, believers arrested – Twitter
          NO State wants competition to State allegiance.

          Armstrong claims that much of recent moves by the State are done to forestall revolution.
          Why is it that when all these people agree on the Great Reset, and we dare to point that out, we become the misinformation who should have our tongue ripped out?"
          "been against Donald Trump because he was a “populist” who threatened career politicians. There will most likely be a target of the heads of every career politician come 2022 to be voted out of office if they allow real fair elections"
          New York Times Called for “Reality Czar” to Imprison Anyone they Claim is Stating Fake News?

          Armstrong, "Without direct democracy, there will be no trust in government ever again. That is a death blow to the system we now have."

          2/05 Libertarian terrorists? – The Ron Paul Institute For Peace And Prosperity
          2/05 Deplatforming dissent — independent media targeted – Jimmy Dore
          2/05 AOC caught lying, calls for mass censorship – Most Important News
          This is ALL fear driven
          2/04 YouTube financially deplatforms swath of indie media accounts – Caitlin Johnstone
          Nope, we can't have any competing narratives.


          "For example, in Canada, they passed an act whereby the representatives can cancel all currency at their pleasure and force the people into digital currency. The people are NEVER consulted. That is not democracy. It is tyranny."
          We have a national bankruptcy brought on by giving too much money to war-mongers AND, bankers, bureaucrats and beggars.
          The State now believes that it must persecute ALL truth tellers and dissidents if it hopes to forestall revolution.
          The government does NOT need trust of it has all the guns.

          Keep in mind that fracking lost $280 billion. The price of oil is too low for the producer AND, too high for the consumer.
          2/05 BP reports massive loss for 2020 – Oil Price
          2/05 ExxonMobil books first annual loss in its modern history – Oil Price
          The corporatocracy was central and instrumental is driving down the purchasing power of Americans. We can't afford to fill the gas tank.
          BUT, this is the very central part of the whole problem.
          Our wages are inadequate to keep corporate America solvent. The State pumps money into every nook & cranny of the corporatocracy to keep it from failing. These <$1 trillion> a month liquidity injections are absolutely necessary as a substitute for our missing consumption.

          The State is preparing for revolution. They should have thought of that when they allowed regulatory capture to skin us to the bone.

          Comment


          • 2/09 Harry Dent: Stocks to crash 40%, bitcoin to zero, gold to $1000 – Stansberry
            2/09 Novogratz sees bitcoin at $100,000 as “every company” buys it – Zero Hedge
            2/08 Here’s the case for a $12 trillion total bitcoin value – Forbes
            Take your pick of projections

            2/09 With scorching economy set to overheat, Goldman predicts rate hike – ZH
            The top 10% is doing just fine, the middle class is dying on the vine – CHS
            You can see the great disconnect between the working class and the speculators.

            Armstrong lays it out very clearly showing that the State workers and the unemployed constitute a huge drag on the rest of the economy.
            He makes NO MENTION of the millions of speculators who produce nothing.
            The CB increases the money supply by about 6% a year (old number). This money is pumped in at the top of the monetary food-chain.
            This serves 2 purposes.
            The money renters receive fresh liquidity to constantly grow the credit bubble and, provide them with income.
            The inflation of the money supply creates price inflation. The resultant price inflation always outruns wage inflation.
            The people who have to actually work to receive money must work ever-harder to maintain their standard of living.
            The money renters use YOUR savings to buy up everything and, sell it to you.
            You are constantly losing purchasing power.

            Your purchasing power and consumption were much reduced. The CB and State must pump in $trillions to make up for this.
            So, yes,,, the scorching economy is overheating. Price inflation is pricing the worker out of the market.
            The State is sending him money to keep him spending.
            A very shaky arrangement.

            Comment


            • The parasite class just continues to grow. There is no way for the State to support it's legions of sycophants and dependents on taxes alone.
              It has switched over to the INFLATION TAX.
              It creates $trillions of new currency units to support everybody & everything.
              Rabobank: The Everything Bubble Has Become More Everything And More Bubble

              Price inflation kicks in. What must the FED do?
              Can The Fed Both Tap On The Brakes And Floor The Gas?

              We Must Have MOAR: Almost Everyone In Washington Seems To Agree That More Free Money Will Fix The Economy
              There is no going back to the way that things once were. We are literally committing national financial suicide...
              Is This The Biggest Financial Bubble Ever? Rubino: "Hell Yes It Is!"
              China Injects Record Amount Of Loans In January

              "Never Seen Anything Like This": Junk Bond Yields Slide Below 4% For First Time Ever In Record Buying Spree

              In their efforts to support hundreds of millions of non-producers, the Central Banks have destroyed the purchasing power of the middle class.
              As the middle class goes under the waves, the businesses that depended on them go down also. This, in turn, requires more and more financial rescues.
              https://www.zerohedge.com/personal-f...e-middle-class

              Bitcoin Out! India Readies to Regulate Private Cryptocurrency Ahead of State-Owned Digital Rupee
              The State is not going to tolerate competing crypto currencies for much longer.
              Americans Have Never Been More Dissatisfied With How The Country Is Functioning Than They Are Right Now
              ..most Americans don’t really care that we are literally committing national suicide. They just know that they are in pain and they want some help as soon as possible...

              $250BN Fund Manager Fears "Fed Will Go On Feeding The Beast" Until Dollar Loses Reserve Status





              We are, after all, in a New World, and the ships are burnt...


              Comment


              • Our slow motion crash seems to go on interminably. There are mileposts along the way. We just approached an important milepost.
                Armstrong PRIVATE BLOG – Europe Canceling Currency
                There you have it, ALL of this was long planned. You can see why Trump had to go.
                When the Marxists make a draconian move to continue funding the BLOATED State, there can be NO refuge.
                America under Trump had already attracted quite a bit of capital outflows from States that ripped off their citizens.
                $1 trillion a year outflow from China was just part of this.
                The U.S. markets went up because European money wanted to escape socialism.

                The general arrangement for households in Japan;
                The salaryman works 80 hrs a week and, the check goes to his wife. She gives him an allowance.
                The worker/producer is NOT the spender.
                When the currency is cancelled in favor of digital money, the non-producers (bureaucrats) will be directing the spending.

                The blob State is composed mostly of bureaucrats and administrators. Here is a graph of salaries for teachers. This tells you all that you need to know.
                Administrator-vs-Teacher-Comparison-530x286.jpg

                The teachers do all the work at educating. The bureaucrats get all the money.

                In the Los Angeles private school system, there are 27 administrators for every 100 teachers.
                In the public school system, there are 126 administrators for every 100 teachers.

                The blob State is like a school of fish. They instinctively move in the same direction. In this case, they always endorse more public funding.
                Taxes will no longer support their legions.
                We will now see the inflation tax writ large.
                What will be the end result?
                2/11 The inflation tax is lowering our standard of living – Schiff Gold

                Comment


                • The technocrats are wresting control away from the government. The Great Reset is a plan to completely rework everything.
                  De-carbonizing the economy;
                  https://www.zerohedge.com/geopolitic...ready-underway

                  Putin says that this plan will fail.
                  https://www.zerohedge.com/geopolitic...ys-not-so-fast

                  The plan from GOV is to do more of what doesn't work;
                  "Because in some bizarro universe, the $30 trillion in fiscal and monetary stimulus injected in the past years is somehow not enough, in her first virtual meeting - alongside Fed chair Jerome Powell - with G7 finance ministers, Janet Yellen "stressed the importance of providing further fiscal support to promote a robust and lasting recovery" which means that "the time to go big is now" and that the "G7 should be focused on what more we can do to provide support at this time" according to a statement from the Treasury."
                  https://www.zerohedge.com/economics/...irtual-meeting
                  Just in case these bazillion new currency units don't work, They have a fallback plan for SDRs
                  https://www.reuters.com/article/us-g7-imf-idUSKBN2AB2CR

                  Complexity and diminishing returns.
                  https://www.zerohedge.com/economics/...organic-growth

                  https://www.zerohedge.com/markets/crazy-days-money

                  Comment


                  • "They" are trying to float the entire system by printing $27 billion a day.
                    https://demonocracy.info/infographic..._trillion.html
                    That was just for 2020.
                    2021 sees Yellen calling for GOV printing presses to GO BIG.
                    Here is a 10 year forecast for what is expected.
                    https://capitalistexploits.at/a-fore...e-next-decade/

                    Here is a comparative graph of our current bubble.
                    iwm2-21a.png

                    This is called the greatest bubble of all time.
                    http://charleshughsmith.blogspot.com...le-of-all.html

                    2/18 In-your-face inflation: AutoNation brags about huge jump in car prices – WS
                    2/18 Expect to pay more for food as grain prices soar – Mish
                    2/18 A market crash and high inflation? – GoldSilver

                    2/18 JPMorgan banker: Forget about bubbles and just buy everything – ZH
                    They have to pull in every Tom, Dick and Harry before they pull out the rug.
                    Technically speaking: Howard Marks on speculative manias – Real Investment Advice
                    BofA hints that Weimar 2.0 could be coming – Zero Hedge
                    Crazy days for money – Alasdair Macleod, GoldMoney
                    The prognosis of acting big.
                    https://www.zerohedge.com/economics/...h-real-economy
                    Last edited by Danny B; 02-18-2021, 03:45 PM. Reason: Mo imfo

                    Comment


                    • Armstrong has a very interesting article. He is writing about XRP.
                      "Make no mistake about it, XRP will also terminate all private cryptocurrency."
                      "Therefore, the push behind XRP requires 5G communication speed to be able to instantly clear transactions. Without that, you cannot replace paper currency."
                      https://www.armstrongeconomics.com/m...ise-of-barter/
                      The article touches on MANY subjects and is a must read.

                      China is building TONS of 5G. let's wait and see what it does to health.
                      https://www.rt.com/business/506778-c...e-5g-stations/
                      Tax on robots?
                      https://www.rt.com/business/495744-r...ay-tax-robots/
                      Apple is bigger than ARAMCO.
                      https://www.rt.com/business/496836-a...-saudi-aramco/

                      2/19 Last week’s alleged improvement in unemployment claims was just revised away – Mish
                      2/19 Texas was “seconds and minutes” from complete disaster – Zero Hedge
                      2/18 No electricity, no water, Texans struggle through historic cold, dark – Reuters
                      2/18 Interactive Brokers: We were ‘dangerously close’ to collapse of ‘entire system’ – MW
                      2/18 Jerome Powell says we must sacrifice – but for what? – Schiff Gold

                      The dollar is on the chopping block to force the acceptance of digital currencies.
                      Armstrong;
                      "The reason these people are pushing this is not about the dollar, it is to end paper money. They are forced to realize that Keyensian economics failed as the solution to 6 years of quantitative easing unable to stimulate the economy. They concluded it was not the theory, but for us – as always!. As people hoarded their cash instead of spending, they caused the velocity of money to decline. Hence, they need to end paper money to prevent hoarding but to do so, they need an instant clearing of digital currency."
                      "Trudeau had a law passed in Canada withdrawing the legal tender status of some notes by January 1st, 2021, which now allows him to cancel all paper money at his pleasure. Canadian dollars now have a risk of cancellation as of January 1st, 2021."

                      "In the United States, in 2020, it is estimated that the underground economy is about 11 or 12% of U.S. GDP, or roughly $2.5 trillion total. Politicians look at that and see dollar sign visions in their heads.

                      Politicians blame their fiscal mismanagement and their political failures NEVER on themselves, but always on we the Great Unwashed who are never trustworthy. Even an IRS, SEC, CFTC, or any agent who audits the private sector begins with the assumption everyone is a criminal. They have to find something or else they did not do their job."
                      "As a result, politicians are obsessed with eliminating paper money to end the hoarding of cash and the underground economy. You hire the teenage girl next door to babysit and then pay her cash. OMG, the government laments, where is our taxes?"

                      Comment


                      • Vladimir Putin Warns of the ‘End of Our Civilization’ at Davos
                        "Putin drew several comparisons between current conditions in the world and those of the 1930s which precipitated World War II and cautioned world leaders to avoid any comparable escalations. “There is a possibility we may experience a natural collapse of global development that might result in a fight of all against all,” he added."
                        https://www.breitbart.com/national-s...calypse-davos/
                        What he is referring to; in times of economic collapse of nations, many States start a war as a diversion and, to lockdown their people.

                        Global Debt-to-GDP Ratio Skyrocketed to 356% in 2020, Report Says
                        "In 2020, the world economy's debt-to-Gross Domestic Product (GDP) ratio increased by 35 percentage points from the previous year to 356%, according to a new report released by the Institute of International Finance (IIF)."
                        https://sputniknews.com/business/202...0-report-says/
                        OK, what comes next?

                        UN Warns Next Global Recession May Trigger Sovereign Debt Default Contagion
                        "The next economic crash may be the last warns trade economists at the United Nations cautioning that the next global recession could quickly get out of control plunging the world into an economic depression and resulting in a post-apocalyptic failing of major governments as the world’s bond market teeters on the precipice of a full-on meltdown."
                        the experts caution, the massive debts held by bondholders may not be redeemed forcing whole economies into default.
                        https://sputniknews.com/world/201609...n-debt-crisis/
                        The great fear is;
                        Debt goes too high and, causes a default cascade. The debt crash brings down State debt. The State declares war as an excuse to lock down everything.


                        It has now been proved that the markets are indeed very fragile.
                        https://www.rt.com/business/516039-u...et-insolvency/

                        Comment


                        • Originally posted by danny b View Post
                          vladimir putin warns of the ‘end of our civilization’ at davos
                          "putin drew several comparisons ............. To avoid any comparable escalations. “there is a possibility we may experience a natural collapse of global development that might result in a fight of all against all,” he added."
                          all against all is coming folks, hunker down



                          Comment


                          • I smell a RAT
                            I also smell poisoned bait.

                            The Thucydides’s Trap makes it almost inevitable that China and America will clash.

                            Today, an irresistible rising China is on course to collide with an immovable America.

                            In 1999, two Chinese colonels wrote a book called Unrestricted Warfare,

                            ,,,could include environmental warfare, financial warfare, trade warfare, cultural warfare, and legal warfare, to name just a few. They suggested introducing a virus to America to weaken it.
                            I'm sure that this particular plan appealed to the CIA also.

                            Fast-forward a few years and, Fauci is developing a virus to be a weapon. When the gain of function development looks promising, the development is pushed out of America and, carried forward in Wuhan, China.
                            While the research is banned in America, the funding is allowed to continue.
                            The lab at Wuhan is already infamous for leaks. The development goes forward until the virus is adequately lethal.
                            Not surprisingly, the virus gets out of the lab. Many Chinese are smokers and, especially susceptible to the Wuhan flu.

                            "Almost all staff at each funeral home in Wuhan are fully equipped, and all Wuhan cremation chambers are working 24 hours,"
                            "A resident of Hubei province, of which Wuhan is the capital, said most people there now believe that more than 40,000 people died in the city before and during the lockdown."

                            Chinese telecoms lost 21 million subscribers. "U.S. intelligence officials also reported that China concealed the extent of the coronavirus outbreak, according to both the New York Times and Fortune Magazine.China was reporting less than 1% of covid cases.
                            https://www.aei.org/research-product...ovid-19-cases/
                            Time magazine reports that covid could end China's dreams of world control.
                            https://time.com/5778994/coronavirus...ountry-future/

                            The 2 Chinese colonels advocated unrestricted warfare, including a virus attack. The CIA? got them to develop a virus that definitely fits the bill. It got loose and killed millions of Chinese.
                            I suspect that the West is pushing forced lockdowns so that the Chinese don't get the idea that the Fauci flu is genetic specific. The West has to do a lot of lying continuously to make it look like we have the Fauci flu real bad.
                            Western government and Western medicine have long known just how dangerous 5G radiation is.
                            https://www.youtube.com/watch?v=1Qt5B39LB7c&t=9s
                            Meanwhile, 5 G looks like nirvana to China.
                            "Beijing boasts that it’s installed around 700,000 5G base stations across the country – more than it had planned to have by year’s end, beating other major powers in the development of the superfast mobile networks. he noted that his country has managed to build twice the number of 5G installations than the rest of the world.

                            5G is poison and, China has swallowed it as fast as possible.
                            How can the Chinese NOT know?
                            https://pubmed.ncbi.nlm.nih.gov/26300312/

                            Further reading on specifics about the danger of 5G
                            http://www.energeticforum.com/forum/...-dangers-of-5g

                            Colonels Qiao Liang and Wang Xiangsui also advocated; " setting up slush funds to influence opponents’ legislatures and governments, and buying controlling shares of stocks to convert an adversary’s major television and newspapers outlets into tools of media warfare. "
                            "Seventeen years ago, Qiao and Wang warned us that these myriad new forms of non-military warfare were coming. Today we all now live on that battlefield — an unlimited zone of conflict that can reach each one of us in every aspect of our lives and work"
                            "Today, the United States, and increasingly the rest of the world, thoroughly depends on web connections built in cyberspace. The internet dominates all aspects of global trade, economics, communications, and even societies."

                            "Last year, the World Economic Forum teamed up with the Russian government and global banks to run a high-profile cyberattack simulation that targeted the financial industry, an actual event that would pave the way for a “reset” of the global economy. The simulation, named Cyber Polygon, may have been more than a typical planning exercise"
                            February 5, 2021
                            "On Wednesday, the World Economic Forum (WEF), along with Russia’s Sberbank and its cybersecurity subsidiary BI.ZONE announced that a new global cyberattack simulation would take place this coming July to instruct participants in “developing secure ecosystems” by simulating a supply-chain cyberattack"

                            "Cyber Polygon 2021, ominously warns that, given the digitalization trends largely spurred by the COVID-19 crisis, “a single vulnerable link is enough to bring down the entire system, just like the domino effect,”
                            “A cyber attack with COVID-like characteristics would spread faster and farther than any biological virus. Its reproductive rate would be around 10 times greater than what we’ve experienced with the coronavirus.”

                            China was not involved in the Cyber Polygon exercise.
                            BUT,
                            Microsoft reckons that the huge attack on security vendors and more took the combined power of at least 1,000 engineers to create.

                            The months-long hacking campaign that affected US government agencies and cybersecurity vendors was "the largest and most sophisticated attack the world has ever seen," Microsoft president Brad Smith has said, and involved a vast number of developers. The attack, disclosed by security firm FireEye and Microsoft in December, may have impacted as many as 18,000 organizations"


                            Three 1999 books by National Defense University Professor Zhang Zhaozhong are described in the appendix below. The three books are:
                            -- Who Will Win the Next War? (March 1999)
                            -- How Far is War From Us? (July 1999)
                            -- Who is the Next Target? (September 1999)










                            Comment


                            • FASCINATING article on bitcoin.
                              https://usawatchdog.com/building-a-b...-austin-fitts/
                              Charles Hugh Smith on the coming global depression.
                              http://charleshughsmith.blogspot.com...epression.html
                              2/21 10 reasons I’ll never buy bitcoin – Motley Fool
                              2/21 Barclays: Bitcoin is increasingly ‘cultist’ and supported by ‘magical thinking’ – BI

                              2/20 Citadel CEO Ken Griffin doesn’t see bitcoin’s ‘economic underpinning’ – CNBC
                              2/21 92% of NYC restaurants can’t afford to pay their rent – NYC Alliance
                              2/21 Detroit rent protest erupts amid nationwide eviction crisis – Zero Hedge
                              Tenants in Oregon owe $378 million in back rent, according to a new study by Portland State University.

                              EDIT, MUST read article showing that BTC will be brought down by fraud
                              https://crypto-anonymous-2021.medium...e-f8dcf78a64d3
                              Last edited by Danny B; 02-22-2021, 03:57 AM.

                              Comment


                              • The lower loop of the economy where people must actually work is DYING.
                                Meanwhile.
                                Fed's Rate Hikes Storm Back Into The Spotlight As Scorching Economy Overheats
                                Yep, the upper loop is overheating from $2billion a day stimulus.
                                https://www.zerohedge.com/economics/...nomy-overheats

                                "Secondly, the central bank purchases “poisoned” assets in the form of debt that cannot and will not ever be repaid. These debts are issued by bankrupt governments and other insolvent debtors who can only repay their debts by issuing more debt.

                                So this whole corrupt and circular system should be defined as “Poison in – Poison out”.

                                The poison in is the fabricated fake money which has ZERO value. The poison out are the assets/debts bought with fake money which will all expire worthless."
                                https://www.zerohedge.com/markets/vo...ill-it-all-end

                                Three Catalysts For A Reflationary Overshoot Loom Over The Next Month
                                https://www.zerohedge.com/markets/th...ver-next-month

                                2/22 The inflation super cycle is here – 321Gold
                                2/21 Inflation angst is about to rewrite the stock market playbook – Bloomberg

                                Hedge Fund CIO: "This Is The Endgame - We Are Entering The Hyper Speculation Phase"
                                https://www.zerohedge.com/markets/he...culation-phase

                                Michael Burry Warns Weimar Hyperinflation Is Coming
                                https://www.zerohedge.com/markets/mi...flation-coming

                                The hyperinflation of the upper loop is bleeding over to the lower loop.

                                2/22 Bubble warnings go unheeded as everyone is a buyer in stocks – Yahoo!
                                2/22 Warren Buffet’s indicator corroborates market at “perilous peak” – Bulls ‘n Bears


                                Comment

                                Working...
                                X