We are Closening to a Move Through the Cycle – But First Will Come Disorder

By Alastair Crooke

Source: Strategic Culture Foundation

Is the collective West nearing the end of a cycle? Or are we still in mid-cycle? And could it be an epochal point of inflection?

The question posed at this point is: Is the collective West nearing the end of a cycle? Or are we still in mid-cycle? And is this a four-generational mini-cycle, or an epochal point of inflection?

Is Russo-Chinese Entente and the global tectonic discontent with the ‘Rules Order’ – on the heels of a long trajectory of catastrophes from Viet Nam, through Iraq to Ukraine – sufficient to move the West on to the next stage of cyclical change from apex to disillusionment, retrenchment and eventual stabilisation? Or not?

A major inflection point is typically a period in history when all the negative components from the outgoing era ‘come into play’ – all at once, and all together; and when an anxious ruling class resorts to widespread repression.

Elements of such crises of inflection are today everywhere present: Deep schism in the U.S.; mass protest in France, and across Europe. A crisis in Israel. Faltering economies; and the threat of some, as yet undefined, financial crisis chilling the air.

Yet, anger erupts at the very suggestion that the West is in difficulties; that its ‘moment in the sun’ must give place to others,and to other cultures’ ways of doing things. The consequence to such a moment of epochal ‘in-betweeness’ has been characterised historically by the irruption of disorder, the breakdown of ethical norms, and the loss of a grip on what is real: Black becomes white; right becomes wrong; up becomes down.

That’s where we are – in the grip of western élite anxiety and a desperation to keep the ‘old machinery’s’ wheels spinning; its ratchets loudly opening and closing, and its levers clanging into, and out of place – all to give the impression of forward motion when, in truth, practically all of western energy is consumed in simply keeping the mechanism noisily aloft, and not crashing to an irreversible, dysfunctional stop.

So, this is the paradigm that governs western politics today: Doubling-down on the Rules Order with no strategic blueprint of what it is supposed to achieve – in fact no blueprint at all, except for ‘fingers crossed’ that something beneficial for the West will emerge, ex machina. The various foreign policy ‘narratives’ (Taiwan, Ukraine, Iran, Israel) contain little of substance. They are all clever linguistics; appeals to emotion, and with no real substance.

All this is hard to assimilate for those living in the non-West. For they do not come face-to-face with western Europe’s repeat re-anactment of the French Revolution’s iconic secular, egalitarian reform of human society – with ‘the specific timbre, flavour and ideology’ shifting, according to prevailing historic conditions.

Other nations unafflicted by this ideology (i.e., effectively the non-West) find it perplexing. The West’s culture war barely touches cultures outside its own. Yet, paradoxically, it dominates global geo-politics – for now.

Today’s ‘flavour’ is termed ‘our’ liberal democracy – the ‘our’ signifying its link to a set of precepts that defies clear definition or nomenclature; but one, that from the 1970s, has drifted into a radical enmity towards the traditional European and American cultural legacy.

What is singular about the present re-enactment is that whereas the French Revolution was about achieving class equality;ending the division between aristocracy and their vassals, liberalism today represents a modification of ideology” that U.S. writer Christopher Rufo suggests, “says that we want to categorize people based on group identity and then equalize outcomes across every axis – predominantly the economic axis, health axis, employment axis, criminal justice axis—and then formalize and enforce a general levelling”.

They want absolute democratic levelling of every societal discrepancy – reaching even, back into history, to historic discrimination and inequalities; and to have history re-written to highlight such ancient practice so that they can be routed out through enforced reverse discrimination.

What has this to do with foreign policy? Well, pretty well everything (so long as ‘our’ liberalism) retains its capture of the western institutional framework.

Bear this background in mind when thinking of the western political class’s reaction to events, say, in the Middle East, or in Ukraine. Although the cognitive élite contends that they are tolerant, inclusive, and pluralistic, they will not accept the moral legitimacy of their opponents. That is why in the U.S. – where the Cultural War is most developed – the language deployed by its foreign policy practitioners is so intemperate and inflammatory towards non-compliant states.

The point here is that, as Professor Frank Furedi has emphasised, the contemporary ‘timbre’ is one no longer merely adversarial, but unremittingly hegemonic. It is not a ‘turn’. It is a rupture: The determination to displace other sets of values by a western inspired ‘Rules-Based Order’.

Being a ‘liberal’ (in this strictly narrow sense) isn’t something you ‘do’; it is what you ‘are’. You think ‘right thoughts’ and utter ‘right speak’. Persuasion and compromise reflect only moral weakness in this vision. Ask the U.S. neocons!

We are used to hearing western officials talk about the ‘Rules-Based Order’ and the Multi-Polar System as rivals in a new global framework of intense ‘competition’. That however, would be to misconceive the nature of the ‘liberal’ project. They are not rivals: There cannot be ‘rivals’; they can only be recalcitrant other societies that have refused the analysis and the need to root out all cultural and psychological structures of inequity from their own domains. (Hence, China is hounded on its alleged deficiency in respect to the Uyghurs).

The cognitive privilege of ‘awareness’ is what lies behind the western ‘doubling-down’ on imposing a global Rules-BasedOrder: No compromise. The moral enterprise is more intent on its elevated moral station than on coming to terms with or managing, say, a defeat in Ukraine.

Just yesterday, the Bank of America in London was forced to cut short a two-day, online conference on geopolitics; and apologised to attendees following the outrage expressed at a speaker’s comments that were deemed ‘pro-Russian’ by some attendees.

What was said? Professor Nicolai Petro’s remarks at the session where he said: “Under any scenario, Ukraine would be the overwhelming loser in the war: Its industrial capacity devastated … and its population shrunk as people departed to look for employment abroad. If this is what is meant by removing Ukraine’s capacity to wage war against Russia, then it [Russia] will have won”. Professor Petro added that the U.S. government had no interest in a ceasefire, as it had the most to gain from a prolonged conflict.

No compromise is allowed. To speak thus, to inhabit the western moral high ground creating ‘villains’, clearly is more important than coming to terms with reality. Professor Petro’s comments were condemned as “rolling through Moscow’s talking points”.

Yet, these cultural revolutionaries face a pitfall, Christopher Rufo writes,

Theirs is actually, not an easy task. This is very difficult, and, in fact, I think is somewhat impossible. If you look at even the Chinese Cultural Revolution in the 1960s … They had a program of economic and social levelling that was more totalitarian and more drastic than anything that had ever happened in the past. [Yet] after the Revolution collapsed, after the period of retrenchment, social scientists looked at the data and discovered that a generation later, those initial inequalities had stabilized … The point is that forced levelling is very elusive. It’s very difficult to achieve, even when you are doing it at the tip of a spear or at the point of a gun.

The levelling project being essentially nihilistic becomes captured by the destructive side of the revolution – its authors so absorbed with dismantling structures that they do not attend to the need to think policies through, before launching into them. The latter are not adept at doing politics: at making politics ‘work’.

Thus, discontent at the welling string of western foreign policy flops grows. Crises multiply, both in number and across different societal dimensions. Perhaps, we are closening to a point of beginning to move through the cycle – toward disillusionment, retrenchment, and stabilization; the prerequisite step to catharsis and ultimate renewal. Yet, it would be a mistake to underestimate the longevity and tenacity of the western revolutionary impulse.

“The revolution does not operate as an explicit political movement. It operates laterally through the bureaucracy and it filters its revolutionary language through the language of the therapeutic, the language of the pedagogical, or the language of the corporate HR department”, Professor Furedi writes. “And then, it establishes power anti-democratically, bypassing the democratic structure: using this manipulative and soft language – to continue the revolution from within the institutions.”

‘Policing the Elite’s Technocracy: How Do We Resist This Effectively?

By Robert J. Burrowes

As has been carefully documented, under cover of the ‘virus’/‘vaccine’ narrative, the Global Elite is implementing long-planned and profound changes to 200 areas of human life.

In essence, as documented elsewhere – see ‘We Are Being Smashed Politically, Economically, Medically and Technologically by the Elite’s “Great Reset”: Why? How Do We Fight Back Effectively?’ – this program will kill off a substantial proportion of humanity, imprison those left alive as transhuman slaves in their ‘smart cities’ subject to their fourth industrial revolution technologies (including 5G, digital ID, CBDCs, geofencing, AI policing & a robotized workforce), enclose the Commons forever and transfer all wealth to Elite hands.

Needless to say, with some people already resisting and more people likely to perceive the truth of what is happening and join the resistance with the passage of time, policing the imposition of this program will be a critical factor in ensuring its success.

As indicated then, just one area in which profound change will take place is policing.

Future policing will be done by a smaller number of militarily-equipped police, transhuman police and technocratic police supported by corporate private security technology. In this article, I will briefly outline the key changes to policing, in these three distinct categories, and also explain why these changes must be resisted and how we can do this most effectively.

Fewer and Militarized Police

Reflecting a longer term trend, in 2019 the International Association of Chiefs of Police reported that ‘Law enforcement agencies across the United States are struggling to recruit and hire police officers.’ While police killings of innocent civilians – see ‘Mapping Police Violence’ and ‘Not just “a few bad apples”: U.S. police kill civilians at much higher rates than other countries’ – failed to rate a mention in the report, it did at least acknowledge ‘Scrutiny of the police, cellphone recordings of interactions between the police and public, media coverage, and popular entertainment portrayals of police have led many young people to view police differently than their parents may have.’ See ‘The State of Recruitment: A Crisis for Law Enforcement’.

In late 2021, two years into policing the pandemic, US police reported a substantially increased rate of retirement and resignation among police officers, with more than five times as many police leaving the New York Police Department in 2021 as left in 2020. According to the report: ‘In the wake of a spasmodic year of protests and pandemic, plus an aftermath of violent crime, the profession may be fast approaching a generational and possibly historic reckoning.’ See ‘Law enforcement faces unprecedented challenges in hiring and keeping recruits’.

On the other side of the world, where the Victoria Police had suffered an image-battering following their violent policing of protests against Covid-19 lockdown measures – see ‘Australia: Harsh Police Response During Covid-19’ – the situation was the same: ‘Victoria Police is facing a staffing crisis with an extra 1500 frontline officers needed, secret modelling has warned.’ See ‘Secret Report Reveals Victoria Police Facing a Staffing Crisis’.

Of course other police forces around the world suffered image batterings in response to their violent response to those protesting ‘pandemic’ lockdowns and other restrictions. See, for example, ‘Serbia: Violent police crackdown against COVID-19 lockdown protesters must stop’.

But on top of long-standing issues in relation to police numbers exacerbated by political direction of policing behaviour while enforcing ‘pandemic’ lockdown measures, it is clear that the number of serving police has been reduced throughout the past three years by using two additional mechanisms: In many places, forcing those who resisted the ‘kill shot’ to resign from service – see, for example, ‘Victoria Police facing exodus due to draconian Covid rules’ – and, everywhere, by killing off a proportion of the police who were mandated to take the shot (which will continue to have impact in the years ahead).

Apart from this, the damaged reputation police suffered as a result of their role in enforcing the Elite program against those people willing to nonviolently protest the violation of their constitutional and human rights, has meant that the conscience-based resignation rate of police has risen – see, for example, ‘Conscientious Resignation of Police Officer in Australia’ – while recruitment has suffered in many places.

Separately from this, other resignations and retirements have probably occurred following official interference to thwart conscientious police officers asked or attempting to investigate deaths from Covid-19 injections – see one initiative by New Zealand doctors to have the issue investigated (‘Deaths Following C-19 Vaccination’) which ran into government obstruction (‘Jacinda Ardern Left Reeling As New Zealand Police Look at Investigating COVID Jab Deaths’) and a Canadian officer punished for conducting an investigation (‘Ottawa police officer charged for examining COVID-19 vaccine deaths’). Of course, any attempts to expose injection deaths among police colleagues have no doubt been ‘discouraged’ despite evidence of their occurrence.

In any case, two critical questions to ask are these: Were government policies that led to police violence during the pandemic designed to provoke public anger and induce police retirements and resignations as ways of reducing police numbers easily? And was official interference in police decisions about whether or not to investigate injection deaths partly designed to disenchant conscientious officers and induce further resignation/retirements?

Why would governments do this? Could it be part of a plan to facilitate the transformation of how policing is conducted? After all, the World Economic Forum has been clear about the Elite intention to robotize the workforce, with more than half of human workers projected to be replaced by robots within a few years. See ‘Machines Will Do More Tasks Than Humans by 2025 but Robot Revolution Will Still Create 58 Million Net New Jobs in Next Five Years’. So why should we expect police to be forced out of the workforce, one way or another, at a lesser rate than elsewhere?

Moreover, there is an additional problem: Any human police officer with a reasonably ‘normal’ psychological profile has a conscience. And these will not serve well in enforcing the coming technocratic order.

Separately from the numbers issue, the ongoing militarization of police forces around the world has been noted by many scholars. For a summary of some issues in relation to policing in the USA, see this article written in 2017: ‘Why are Police in the USA so Terrified?’

But it is clear that the trend to militarize policing has been accelerating for some years. In a recent article US constitutional attorney John Whitehead succinctly elaborates this trend as just one of the features to be expected from the US government in 2023:

‘Militarized police. Having transformed local law enforcement into extensions of the military, the Department of Homeland Security, the Justice Department and the FBI are moving into the next phase of the transformation, turning the nation’s police officers into techno-warriors, complete with iris scanners, body scanners, thermal imaging Doppler radar devices, facial recognition programs, license plate readers, cell phone extraction software, Stingray devices and so much more.’ See ‘What to Expect from the Government in 2023? More of the Same’ and ‘Stingray Tracking Devices: Who’s Got Them?’

So police numbers are being reduced and police are being militarized. But that is not all.

Transhuman Police

A critical component of the Elite program is to turn those not killed into transhuman slaves.

What is transhumanism?

In essence: Transhumanism is a set of beliefs based on the premise that human beings can be improved by genetic manipulation and/or implanting technologies into the brain and body to achieve enhanced capacities. See ‘Beware the Transhumanists: How “Being Human” is being Re-engineered by the Elite’s Covid-19 Coup’.

While many people involved in this field are concerned with treating disabilities to improve the life experience of those afflicted, and some are engaged in ongoing discussions to consider the ethical issues this raises, it is clear that this is the sanitized version of a program that has far more hideous implications. For a sanitized version, watch this video of a World Economic Forum discussion held on 24 January 2020: ‘When Humans Become Cyborgs’.

But, for the Elite, there is little point deploying these technologies unless they can be controlled by Elite agents. After all, as the World Economic Forum made clear in 2016, by 2030 ‘You’ll Own Nothing. And You’ll Be Happy.’ See ‘8 predictions for the world in 2030’.

Obviously, if you are to own nothing and be happy about it, either you have reached some exalted state of human consciousness in which possessions no longer matter or someone is messing with your mind so that you believe what is not true.

And the best way to mess with someone’s mind is to implant a microchip into their body that enables control of that mind by someone else.

After all, altering what people think, feel, believe and do – through genetic manipulation and implanting technologies – is the very essence of transhumanism. So, to reiterate, transhumanists don’t want individuals with free will, they want individuals whose thoughts, feelings and behaviour can be controlled; that is, they want slaves. While this is explained at some length in the article ‘Beware the Transhumanists’ above, it is also made emphatically clear by World Economic Forum spokesperson, Professor Yuval Noah Harrari, in a 3-minute video which includes these words:

COVID is critical because this is what convinces people to accept, to legitimize, total biometric surveillance.

We now see mass surveillance systems established, even in democratic countries which previously rejected them, and we also see a change in the nature of surveillance. Previously, surveillance was mainly above the skin, now it’s going under the skin….

… free will: That’s over. Watch ‘Mr. Harari has just revealed the Reason for the Plandemic’.

You can also watch a video demonstration of Elon Musk’s neuralink chip illustrating how this will work. Watch ‘This Is How Elon Musk’s Neuralink Microchip Will Be Put In Your Brain’.

In summary then, the technology now available after decades of effort enables receiver nanochips to be sprayed, injected or otherwise implanted into human bodies. With the ongoing deployment of 5G (which includes extensive space and ground-based technologies: see ‘Deadly Rainbow: Will 5G Precipitate the Extinction of All Life on Earth?’), just one outcome of these combined technologies is that it will be possible to direct the individual behaviour of each person so implanted with directions from an external source.

You can watch a description of how the Covid-19 shots have been used to inject nanotechnology into the bodies of people which, under the direction of other individuals via EMF signals, can be assembled to establish a permanent communication and control link between the transhuman and those responsible for controlling it. Watch Maria Zeee’s interview of Dr. David Nixon who shows real time video footage of the nanotechnology inside the Covid-19 injections assembling robotic arms that guide the nanotechnology development: ‘World First: Robotic Arms Assembling Via Nanotech Inside COVID-19 “Vaccines” – Filmed in Real Time’.

There is another excellent video interview by Dr. Faiez Kirsten of Dr. Ana Mihalcea discussing the transhumanist agenda. This includes consideration of how geoengineering – by spraying metal particulates (such as aluminium, barium and strontium) and synthetic biology into the atmosphere – is being used to modify all life on this planet (‘to modify every cell, every microbe, to digitize it and then to fuse it in its natural state with synthetic biology’), the role of electromagnetic frequencies (EMF) such as 5G in this scheme, and the purpose of nanotechnology ingredients in the injections. In essence, they conclude, besides killing vast numbers of people, they want to control the minds of those left alive. In summarizing, Mihalcea emphasised that her research demonstrates that the unvaccinated are not safe and they must take further action to defend their health from the synthetic biology attacks through atmospheric geoengineering and contaminated food.

‘We are running out of time as the human species and our planet is being destroyed via synthetic biology. If you want to survive and you want your children and grandchildren to have a chance of survival you must rise now and you must fight.’ Watch ‘A Discussion with Dr Ana Mihalcea on Transhumanism and EDTA Chelation’.

Moreover, given that the control technology of its transhuman slaves will be owned by corporate executives, this means that the Elite will be able to control everything from the launch of nuclear weapons (by using remote control to direct the chosen individual in a particular chain of command to order [or execute] the launch of one or more nuclear weapons at the target[s] nominated at the time[s] specified), deploy ‘cyborg soldiers’, ‘cyborg workers’ and ‘cyborg consumers’ to do as directed and, of course, ‘cyborg police’ to carry out the orders issued by those controlling the command technology.

In the case of transhuman police, this could range from duties resembling those now performed by police to any other task whatsoever to which they are assigned. And because the implanted chip will override free will, the transhuman individual will have no awareness of choice and will simply robotically perform the tasks delivered by an artificial intelligence program to the technological implants in its body and brain.

So whether programmed to issue a fine, kill a noncompliant individual, forcibly relocate one or more people from a rural area to the nearest ‘smart city’ or simply go home, the cyborg police officer will do as directed without thought or feeling of its own.

Technocratic Police and Corporate Private Security

In 2016, the World Bank published a report considering some of the consequences of robotization, including the problems that would be caused and how these might, theoretically, be addressed. See ‘The rise of the machines: Economic and social consequences of robotization’ with a summary here: ‘The economic and social consequences of robotization’.

Despite one highly sanitized World Economic Forum account of robots leading to an increased workforce – see ‘Here’s why robots are actually going to increase human employment’ – another World Economic Forum report candidly noted that inequality would worsen as ‘robots will do half of all work tasks by 2025’. See ‘The Future of Jobs Report 2020’ and ‘WEF: Inequality likely to worsen as robots set to do half of work by 2025’.

And this is clearly evident in relation to police work where, beyond even the measures outlined above, a substantial range of new technologies will robotize policing, particularly in relation to primary functions: surveillance and control.

In essence, an increasing number of policing functions are being technologized to make policing more ruthlessly efficient. This involves use of a range of technologies such as 5G, the Internet of Things (IoT), the Internet of Bodies (IoB), the Internet of Places (IoP), artificial intelligence (AI), geofencing, digital identity, surveillance and facial recognition (3D) cameras, smart street poles and lights (which gather data via facial recognition cameras and environmental sensors, display digital signage and use speakers to instruct the immediate population how to behave), license plate readers and vehicle kill switches as well as autonomous and electromagnetic weapons.

But how these technologies are combined and deployed varies. To illustrate this, consider the Israeli private security company Gabriel Protects which offers a suite of surveillance and control services: ‘Preempt and contain physical threats in real time with smart technology. Billions are spent monitoring and recording security incidents. Gabriel detects and responds to them. Gabriel’s next generation security technology instantly detects and automates the response to violent threats, saving precious time and lives.’

As Whitney Webb explains: ‘much of the company’s future vision coincides with the vision of the intelligence agencies backing it – pre-crime, robotic policing and biometric surveillance.’ Hence, under the guise of stopping mass shootings ‘a surveillance system backed by top Mossad, CIA and FBI officials is being installed in schools, houses of worship, and other civilian locations’ throughout the USA. The Gabriel system includes the company’s ‘threat detection’ technology, which involves the use of ‘smart cameras’ that use AI as well as facial recognition and related technologies to detect weapons, ‘fights’ and ‘abnormal behavior’ in a particular area. The cameras throughout a facility, along with ‘smart shield’ panic buttons which can be activated both manually and remotely, are meant to act as ‘activation triggers’, with the triggering largely automated and managed by AI. When a trigger is set off, the Gabriel system enters the appropriate ‘alert mode’, which includes emergency, panic, silent panic and yellow (for minor incidents). Once activated, the panic button offers two-way communication, a live video feed and gunshot detection by acoustic means. See ‘CIA and Mossad-linked Surveillance System Quietly Being Installed Throughout the US’ and ‘Anonymous Philanthropist Gifts Israeli Life-Saving Tech to 500 US Synagogues and Schools’.

As one would expect, given the company is providing technologies that enable implementation of the Elite program to lock us all into their ‘smart cities’, Gabriel intends to expand far beyond schools and houses of worship to retail stores, warehouses, data centers and banks and is already heavily reliant on AI and machine learning while using drones and robots as security tools. Beyond this, it intends to develop predictive policing (‘pre-crime’) capabilities. See ‘Incident Response Solutions’ and ‘Disrupting Legacy Security’. Of course, ‘pre-crime’ protocols are designed to ‘eliminate public dissent’. See ‘CIA and Mossad-linked Surveillance System Quietly Being Installed Throughout the US’.

Gabriel is not the only corporation researching and providing technologies in these fields. Another prominent corporation is Palantir Technologies. There are others.

Needless to say, these corporations have close ties to the academy, the military and the intelligence community as well, all of which are also playing key roles in imposing the Elite program.

Obviously, these surveillance and control technologies are being widely deployed around the world with countries like China, Israel (including in Palestine) and the United States leading the way.

But to highlight precisely where this is headed, technocratic policing will include drones (used as aerial police) and robots equipped with electromagnetic weapons, such as those that tech guru Aman Jabbi calls ‘puke guns’ (to make the target individual vomit). See ‘Digitizing Your Identity is the Fast-Track to Slavery: How Can You Defend Your Freedom?’ And if you would like a taste of where this might go, see ‘Psychotronic and Electromagnetic Weapons: Remote Control of the Human Nervous System’.

Beyond this, police robots are being used to deploy chemical weapons – see ‘Special delivery: Using police robots to deploy chemical agents’ – and fire tasers. See ‘TASER-armed robots keep police out of harm’s way’.

But ‘explosive ordnance disposal robots’ have been used offensively since 1993 when a one-metre tall, 218-kilogram remote-controlled robot was sent into an apartment, used a television camera to locate a suspect hidden in a cupboard and then, under the remote-control direction of a technician, used a high-pressure water gun to knock the shotgun out of the suspected gunman’s hands, enabling the county police department’s version of a SWAT team to arrest him.

More dramatically, a police ‘killer robot’ has already been used to kill a suspected gunman. In 2016, police in Dallas in the USA crudely attached a bomb to a robot originally designed to investigate and safely discharge explosives and then deployed it near a suspect where it was detonated remotely. See ‘How the Dallas Police Used an Improvised Killer Robot to Take Down the Gunman’.

Other police forces are considering using robots to kill suspects. See, for example, ‘Oakland Cops Hope to Arm Robots with Lethal Shotguns’.

But the San Francisco Police Department has already developed a protocol for its use of robots to kill people: ‘Robots will only be used as a deadly force option when risk of loss of life to members of the public or officers are imminent and outweigh any other force option available to SFPD.’ See ‘Law Enforcement Equipment Policy: Inventory Acquired Prior to January 2022’ and ‘SFPD authorized to kill suspects using robots in draft policy’.

The fundamental point is that human police officers are being replaced by a series of technologies guided by artificial intelligence and ending with the use of autonomous weapons systems (AWS).

And these technologies are already being widely deployed and used as part of the ongoing Elite program to build a technocratic state that will subvert human identity, privacy, dignity, volition and freedom.

How Can We Resist this Technocratic Policing Model Effectively?

A long-planned, vast range and parallel sequence of measures is being rapidly implemented to capture political, social, economic, medical and technological control of the human population. The intention is to kill off a substantial proportion of humanity and imprison those left alive as transhuman slaves in the Elite’s technocratic (surveillance and control) ‘smart’ cities, which will be policed by a range of current and emerging technologies.

And, as I have explained previously – see ‘We Are Being Smashed Politically, Economically, Medically and Technologically by the Elite’s ‘Great Reset’: Why? How Do We Fight Back Effectively?’ – because the Global Elite controls conventional political, economic, financial, technological, medical, educational, media and other important levers of society, the Elite has control of how events unfold while simultaneously giving it control of the narrative about what is taking place. As a result, the truth about the Elite plan is easily concealed. Consequently, effective resistance to this complex and sophisticated program requires a response based on a full understanding of the Elite’s deeper agenda and that is equally sophisticated.

This means that we cannot rely on any conventional channel, political, legal or otherwise.

Hence, the most effective defence against any aspect, including the technocratic policing model, of the full program that Elite agents in the World Economic Forum and elsewhere are imposing on us is to take action now that prevents foundational components of their program from being put into place.

Obviously, this requires us to clearly identify the foundations on which the Elite program is being built and to then mobilize as many people as possible, in as many countries as possible, to nonviolently noncooperate with the building of these foundations or, to the extent they exist already, to disrupt them so that they cannot function effectively.

And the time to do this is now.

If we do this effectively, the technologies – including 5G, Artificial Intelligence (AI), digital ID, Central Bank Digital Currencies (CBDCs), geofencing, a plethora of ‘Smart’ devices, and the surveillance and facial recognition cameras – that will make the technocratic policing model possible will be stopped before they are fully deployed.

So if you are interested in being strategic in your resistance to the ‘Great Reset’ and its related agendas, you are welcome to participate in the ‘We Are Human, We Are Free’ campaign which identifies a list of 30 strategic goals for doing so.

One of these strategic goals reads as follows:

‘To cause the police and security personnel to resist the introduction and use of those surveillance and control technologies – including (among many others) 5G, 6G, the Internet of Things (IoT), artificial intelligence (AI), geofencing, smart street poles and lights (which gather data via facial recognition cameras and environmental sensors, display digital signage and use speakers to instruct the immediate population how to behave), digital identity, surveillance and facial recognition cameras, license plate readers, vehicle kill switches, drones (used as aerial police), robots (including as a ‘deadly force option’), autonomous and electromagnetic weapons – that are being used to transform policing to collect your data and control your behaviour as part of the ongoing Elite program to build a technocratic prison that will subvert human identity, human dignity, human volition, human privacy and/or human freedom.’

So one vital role that you can play is to talk to individual police officers that you know personally, inform them of the role they are slated to play in the coming technocratic order, and invite them to consider the implications of this for them and their loved ones, and then listen to them as they talk about it.

And you can visit your local police station or write them a letter to raise awareness of what is happening and ask them to consider whether this is a future they wish for themselves or their family.

In addition, you can download the ‘We Are Human, We Are Free’ one-page flyer that identifies a short series of crucial nonviolent actions that anyone can take. This flyer, now available in 23 languages (Chinese, Croatian, Czech, Danish, Dutch, English, Finnish, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Malay, Polish, Portuguese, Romanian, Russian, Serbian, Spanish, Slovak and Turkish) with several more languages in the pipeline, can be downloaded from here: ‘One-page Flyer’.

Moreover, if this strategic resistance to the ‘Great Reset’ (and related agendas) appeals to you, consider joining the ‘We Are Human, We Are Free’ Telegram group (with a link accessible from the website).

And if you want to organize a mass mobilization, such as a rally, at least make sure that one or more of any team of organizers and/or speakers is responsible for inviting people to participate in this campaign and that some people at the event are designated to hand out the one-page flyer about the campaign.

Ideally, prior to any such event, a liaison team should visit the police responsible for policing the event to discuss it but also raise awareness of how police are being used by the Elite in this context. See ‘Nonviolent Activism and the Police’ and ‘How To Do Police Liaison’.

At this point too, it is worth keeping in mind that in virtually all contexts, including when dealing with police, it is invaluable to listen, deeply. This should help you understand the other person better and might help open a door to greater awareness on their part in the future. In any case, it is a great gift, whatever its immediate outcome. See ‘Nisteling: The Art of Deep Listening’.

If you like, you can also watch, share and/or organize to show, a short video about the campaign here: ‘We Are Human, We Are Free’ video.

In parallel with our resistance, we must create the political, economic and social structures that serve our needs, not those of the Elite. That is why long-standing efforts to encourage and support people to grow their own biodynamic/organic food – see ‘23 Reasons You Should Start a Garden in 2023’ – participate in local trading schemes (involving the exchange of knowledge, skills, services and products with or without a local medium of exchange), such as Local Exchange Trading Systems and Community Exchange Systems, as well as develop structures for cooperation, governance, nonviolent defence and networking with other communities are so important.

Conclusion

To summarize very simply: human police officers are being militarily-equipped in the short term, to be rapidly replaced by transhuman police as well as ‘technocratic police’: artificial intelligence (AI) that will direct policing and involve transhuman police, drones, robots and autonomous & electromagnetic weapons systems (AWS). This is one small but vital part of the comprehensive Elite program to kill off most of us, enslave those left alive, enclose the Commons forever and capture all wealth.

Hence, one valuable function we can perform is to inform police of this and invite them to resist it.

Of course, it is not a message that will resonate with every police officer or every member of the community, for that matter. As you already know.

Many human beings, including police officers, are badly emotionally-damaged people. See ‘Why Violence?’ and ‘Fearless Psychology and Fearful Psychology: Principles and Practice’.

But it is crucial that we keep telling the truth and giving people chances to perceive the deeper Elite program and what it portends for humanity. Because it is not a future any human being, including police officer, should want to embrace if they value human identity, privacy, dignity, volition and freedom for themselves or their children.

Hence, our persistence in presenting the information, while listening well when appropriate, is crucial to mobilizing the resistance we need to succeed.

4/2023

Biodata: Robert J. Burrowes has a lifetime commitment to understanding and ending human violence. He has done extensive research since 1966 in an effort to understand why human beings are violent and has been a nonviolent activist since 1981. He is the author of ‘Why Violence?’ His email address is flametree@riseup.net and his website is here.

High Stakes as Uncle Sam’s Days of Impunity Are Finally Over

By Finian Cunningham

Source: Strategic Culture Foundation

The edifice of American imperial power has never been challenged at its foundation. It is now.

Russia and China are determined to hold the American perpetrators of the Nord Stream sabotage to account. Uncle Sam’s days – indeed decades – of wanton criminality are over. There’s going to be hell to pay as the imperialist tyranny in Washington hits a wall of reality.

Several weeks have gone by with the United States and its Western lackeys stonewalling at the United Nations Security Council, squirming and resisting calls from Moscow and Beijing for an international criminal investigation into the sabotage of the Baltic Sea pipelines that were blown up in September.

A swathe of independent observers, such as American economics professor Jeffrey Sachs and former CIA analyst Ray McGovern, have concurred with the investigative report published on February 8 by renowned journalist Seymour Hersh which claims that U.S. President Joe Biden and his senior White House staff ordered the Pentagon to take out the natural gas pipeline that runs along the Baltic Sea bed from Russia to Germany.

Russia and China are adamant about not letting this vital subject be ignored. They want a proper investigation, international accountability and criminal prosecution. Moscow and Beijing are right to insist on this. Washington and its Western allies’ presumption of impunity has gone on for too many decades. The buck stops here and both Russia and China are strong enough to ensure that the United States cannot threaten, blackmail, or arm-twist its way out of scrutiny.

The Nord Stream project is a major international civilian infrastructure, costing in excess of $20 billion to construct over more than a decade. At 1,200 kilometres in length under the Baltic Sea, it is an impressive feat of engineering, symbolizing the mutual benefits of good neighborliness and cooperative trading.

For the United States to blow this pipeline up in order to knock Russia out of the European energy market so that it could muscle in with its own more expensive gas supplies is a shocking act of state terrorism and criminality. It is also potentially an act of war against Russia and callous sabotage against supposed European allies whose citizens are now suffering economic misery from soaring energy bills. German workers have this week shut down the entire economy from industrial protests over collapsing businesses and unbearable cost of living.

Of course, the Nord Stream sabotage is an urgent matter of basic justice, accountability for an atrocious crime, as well as massive international financial reparations. It’s almost hilarious how the self-proclaimed American protagonist of “rules-based global order” is desperately procrastinating over a glaring incident of dereliction and chaos.

But more than the essential obligation of justice is the legacy of impunity. For the perpetrators of such a wanton terrorist act not to be held accountable sets a perilous precedent. Otherwise, what is stopping the state terrorists from repeating equally brazen acts of sabotage and warmongering? The very concept of international law and the United Nations Charter is demolished, not simply undermined.

The Nord Stream incident potentially opens an era of rampant lawlessness and state banditry – by a nuclear superpower, the United States, using its Western minions for cover. The Western news media, in their reluctance to investigate, are also exposed as nothing more than propaganda channels in the service of imperial masters.

The present is reminiscent of the 1930s during a time of fascist expansionism by Nazi Germany and other imperialist nations, including the United States, Britain, France, Italy, Spain and Japan, and others. Nazi Germany was not the unique culprit during that earlier time of barbarism, notwithstanding the official Western revisionism of history to absolve itself.

After the Second World War amid the ashes of international destruction and up to 85 million deaths, the United Nations and its Charter were founded to ostensibly enshrine the stricture that there would be no repetition of the 1930s-style lawlessness and state terrorism.

That lofty aspiration was always a pathetic illusion. The decades after WWII saw no halt to the imperialist warmongering and subterfuges carried out primarily by the United States and its Western allies, in particular Britain. What a mockery that the U.S. and Britain were afforded permanent member states of the UN Security Council given that these two rogue powers have been largely responsible for countless wars post-1945. The decades-long wars in Vietnam, Iraq and Afghanistan are but the most notorious war crimes of the Anglo-American “special relationship”.

During the Cold War decades, the Soviet Union provided a limited check on the worst depredations by Western imperialists. The People’s Republic of China was not strong enough to act as a deterrent force.

For about two decades after the Cold War officially ended in 1991 following the dissolution of the Soviet Union, the United States rulers perceived a license for “full-spectrum dominance”. Washington embarked on a frenzy of endless wars that up till recently have prevailed.

The first reality check on the unbridled violence of the U.S. imperialists and their NATO henchmen was Russia’s military intervention in Syria in late 2015 to put an end to the Western machinations for yet another regime-change operation. Washington and its accomplices failed in their nefarious goals in Syria, albeit the Americans persist in illegally occupying part of the Arab country and stealing its oil resources.

Ukraine is the full manifestation of the end to impunity for the United States.

Russia under Vladimir Putin has recovered the military strength that was lost with the dissolution of the Soviet Union. In some ways, present-day Russia is even more formidable owing to the development of new forms of weapons, such as hypersonic missiles and S-500 air defenses. Also, Russia’s economy is on a sounder footing than the Soviet Union which relied excessively on militarism. Hence, Moscow has been able to withstand the economic assault that Washington and its allies have tried to mount over the Ukraine conflict.

Just as important, too, China has risen to economic and military superpower status. Together, Russia and China now present an invulnerable countervailing force to the United States and its Western allies.

For nearly eight decades after World War Two, the United States was relatively free to run amok, trashing international law and nations’ sovereignty, racking up death tolls by the millions, and terrorizing the planet with its “benign”, narcissistic tyranny.

The conflict in Ukraine, where Russia has said “enough is enough” to years of U.S.-led NATO aggression, is demonstrating that the days of impunity are finally over for the would-be American hegemon.

Washington has recklessly raised the stakes to an unsustainable height in Ukraine. It has bet the house – and farm – on subjugating Russia for its next insatiable imperial move against China. But Moscow and Beijing are calling Uncle Sam’s bluff. The buck stops here.

The edifice of American imperial power has never been challenged at its foundation. It is now.

Seymour Hersh: the CIA Knows Ukrainian Officials Are Skimming US Aid

Hersh says the CIA estimates at least $400 million was embezzled last year in funds earmarked for diesel payments

By Dave DeCamp

Source: Antiwar.com

On Wednesday, Investigative journalist Seymour Hersh published a report on Substack that alleged the CIA was aware of widespread corruption in Ukraine and the embezzlement of US aid.

The report said the Ukrainian government has been using US taxpayer money to purchase diesel from Russia to fuel its military. Hersh said Zelensky “has been buying the fuel from Russia, the country with which it, and Washington, are at war, and the Ukrainian president and many in his entourage have been skimming untold millions from the American dollars earmarked for diesel fuel payments.”

Hersh said according to one estimate by CIA analysts, at least $400 million in funds were embezzled last year. Sources told Hersh that Ukrainian officials are also “competing” to set up front companies for export contracts to private arms dealers around the world.

The issue of corruption was raised during a meeting between CIA Director William Burns and Zelensky in January. An intelligence official with direct knowledge of the meeting told Hersh that Burns delivered a stunning message to Zelensky.

Hersh wrote: “The senior generals and government officials in Kiev were angry at what they saw as Zelensky’s greed, so Burns told the Ukrainian president, because ‘he was taking a larger share of the skim money than was going to the generals.’”

During the meeting, Burns presented Zelensky with a list of 35 generals and senior government officials whose corruption was known to the CIA. Zelensky responded by dismissing 10 officials who were engaged in flagrant corruption. “The ten he got rid of were brazenly bragging about the money they had—driving around Kiev in their new Mercedes,” the intelligence official said.

Hersh said Zelensky’s “half-hearted response” and the “lack of concern” in the White House angered some US intelligence officials. The intelligence official speaking to Hersh criticized President Biden’s two main foreign policy advisors, Secretary of State Antony Blinken and National Security Advisor Jake Sullivan.

“They have no experience, judgment, and moral integrity. They just tell lies, make up stories. Diplomatic deniability is something else,” the official said. The official said there was a “total breakdown between the White House leadership and the intelligence community.”

The report said the rift started in the fall when the Nord Stream natural gas pipelines were blown up. According to Hersh’s earlier reporting, President Biden ordered the operation that took out the pipelines. “Destroying the Nord Stream pipelines was never discussed, or even known in advance, by the community,” the official said.

The official said there is “no strategy for ending the war” within the Biden administration and offered more scathing criticism of Blinken and Sullivan.

“Burns is not the problem,” the official said. “The problem is Biden and his principal lieutenants—Blinken and Sullivan and their court of worshippers—who see those who criticize Zelensky as being pro-Putin. ‘We are against evil. Ukraine will fight ’til the last military shell is gone, and still fight.’ And here’s Biden who is telling America that we’re going to fight as long as it takes.”

Hersh’s story comes after a series of leaked top-secret documents from the Pentagon and other government agencies surfaced online. Some of the documents show US war planning for Ukraine and reveal the US doubts Kyiv’s ability to launch a successful counter-offensive, offering a starkly different view of Ukraine’s abilities than what Biden officials have been saying publicly.

“Facing Clear Evidence of Peril” in a Country of Lies

By Edward Curtin

Source: Behind the Curtain

“In my seventy-plus years from 1946 to now, the chorus of fear-mongering bullshit has never ceased – only grown louder. The joke is on us. Ha Ha Ha.”

– Oliver Stone, Chasing the Light

Perhaps silence is the best response to the endless cavalcade of official lies that is United States history. The Internet and digital technology have allowed those lies to increase exponentially in number and frequency with the result that people’s minds have become like 7-Eleven stores, open 24/7 for snack-crap “news.”

But once you become conscious that it’s lies night and day, it sets your head aswirl and plunges your soul into depths of despair.  You are tempted to retreat from such knowledge and talk of trees and trivia.  But you are ashamed of your country.  It’s hard to laugh.  You feel you are drowning.  You flounder and gasp for air.  You look around and wonder why most people are able to go their merry ways believing the lies and whistling in the dark.  Junk news nation, indeed.

Yes, there are alternative voices who tell the truth, but their audiences and monetary support are very small or non-existent compared to the corporate mainstream media and those who shout and scream across the Internet as they take in a lot of money from naive followers. The recent revelations about Alex Jones’s wealth probably don’t bother his diehard fans, but they should.  Likewise, the funding sources for websites and writers of various persuasions are important to know, for they reveal possible biases in their work.  Snake oil salesmen are commonplace, and there are many naive customers lining up for their wares.

Wealth and power are the main drivers of the media chicanery that has captured so many minds. Writers, of course, should be fairly paid for their work, but in this Internet age, most are not.  As with the movies and book publishing, the income gap between the big names – the celebrity stars – and less well-known writers, even if their work is excellent, is huge.

Some sites and writers make a lot of money, but who they are is a guessing game.  No one’s talking.  Some regularly tell their readers that if they don’t receive enough contributions, they will be unable to continue to write or publish, even when the sites do not pay their contributors.  Whether this is good marketing or income-by-threat is up for grabs.  Whichever it is, it seems to work, as far as I can tell, for these writers and websites don’t disappear.

Money is the dirty secret of all news and commentary.  To paraphrase someone: It is very difficult to get truth from writers whose income is dependent on pleasing those who fund them.

You may have noticed how many former military officers, CIA agents, mainstream journalists, pharmaceutical company executives, and sundry other government and corporate bigwigs appear in the mainstream and alternative media to support or oppose government policies.  The mainstream ones doing the propaganda they always did, while the alternative ones appear as converts to the dissident faith.  No one ever explains how and by whom these people are financed or how their lucrative pensions affect their consciences.  “Former” is a funny word.  Ha Ha Ha.

Confidence “men” come in all shapes and sizes with no one talking money.

So let me fess up.  I received about $200 in support last year for edwardcurtin.com, my website.  Nothing before that and not a cent over the last 5-6 years for many hundreds of articles that have appeared very widely across the Internet.  Before the Internet, publications paid for work, mine and others.  Not now, at least for me.  How much money writers are receiving, and who is supporting their sites, is a taboo subject.

So I am thinking about selling mugs at my site with my name and mug shot on them and a line of supplements that will increase one’s testosterone and estrogen in equal measure to make sure no one takes offense in this era of delicate feelings.  Ha Ha Ha.  Yes, the joke is on us.  I identify as a man since I am one.  Don’t be offended.

Jokes aside, as Leonard Cohen sang:

“Oh, like a bird on the wire
Like a drunk in a midnight choir
I have tried in my way to be free”

If you are stubborn enough and have the good fortune to find inspiration from those brave dissidents who have gone before us and those who continue to lead us on, you realize silence is betrayal and that you must speak, even if all seems hopeless at times. Even when no one is paying you, or maybe more accurately, because no one is paying you. Even though it is hopeless, even though it isn’t.  This is another secret.  There are many.

It’s been twenty years since the U.S. brutally invaded Iraq.  When George W. Bush, at a staged pseudo-event in Cincinnati on October 7, 2002, as he set Americans up for the invasion of Iraq in March 2003, said, “Facing clear evidence of peril, we cannot wait for the final proof, the smoking gun, that could come in the form of a mushroom cloud,” no one laughed him out of the house.  His claim was simply an evil joke that was reported as truth.  It was all predictable, blatant deception.  And the media played along with such an absurdity, which is their job and what they always do.  I pointed it out at the time in a newspaper column, but who listened to a hick writer in a regional newspaper.

Iraq obviously had no nuclear weapons or the slightest capability to deliver even a firecracker on the U.S.  But the mainstream media, Senator Joe Biden, politicians galore, celebrities like Oprah Winfrey with her guest, the eventually disgraced Judith Miller of the New York Times, the despicable Tony Blair, et al., all supported Bush’s blatant lies.  Soon Colin Powell, the “hero” of George H. W. Bush’s 1991 made-for-TV Gulf War of aggression against Iraq, would do his Pinocchio act at the United Nations and the U.S. military was off to get Saddam Hussein, Osama bin Laden’s evil twin, both the latest Hitlers until Vladimir Putin replaced them.  I guess I skipped some others such as Muammar Gaddafi and Bashar Al-Assad.  New Hitlers proliferate so fast it’s hard to keep track of them.  Ha Ha Ha.  The joke is on us.

As everyone knows, or should, more than a million Iraqis died because of George W. Bush, but how many cared?  How many cared when once Bush was gone, Barack Obama, aided and abetted by the cackling Hilary Clinton, destroyed Libya and ignited the war against Syria?  You want examples?  There are too many to name here.  But let it be said these lies span all American administrations, whether it’s Bill Clinton continuously bombing Iraq and Serbia through Trump bombing Syria and Somalia, up to the present day with Biden attacking Russia via Ukraine, etc.  All these presidents are liars, but their followers treat them otherwise.  Biden says Jimmy Carter asked him to deliver his eulogy.  What does that tell you?  Shall we laugh?  Sing?

On the clear understanding
That this kind of thing can happen
Shall we laugh?
Shall we laugh?
Shall we laugh?

Shall we laugh harder if I mention the Covid-19 propaganda and all those writers who have failed to even address it, as they have failed to question 9/11 and other obvious official lies?  Is it not evident that if they did so, their money flows might dry up?  Here and no further is a widespread rule, for they must adhere to the boundaries imposed by “responsible thought” and the “no go” zones with which they tie their own hands in order to keep their wallets full.

If you are lucky, as I was, when you are young you discover how fearful of free thought and how corrupt our institutional authorities are.  You don’t spend decades feasting off the spoils of those institutions only to “wake up” once you have made your name and secured your fortune, which seems to be the way of so many wise luminaries of the Internet Age who are either trying to ease their consciences as they get ready to kick the bucket or are perhaps putting us on.

When I was twenty-four years-old, I accepted my first teaching job at a small Catholic college where I taught theology.  I had been trained in the latest and best scholarly work of the most renown international theologians.  Rather than indoctrinating my students with rote learning, I taught them to read widely and think deeply in the tradition of a liberal arts education.  To seek out the best scholarship.

But doing so became quickly apparent to the college and Church authorities who were stuck in the inquisitorial age of obedience or else and no thinking allowed.   Although my students loved my courses and felt freed up for the first time to think about their spiritual lives, I was hounded to correct my heretical teaching, which of course I refused to do.

At one point when I was at lunch in the cafeteria, a nun who was a professor, stole my brief case with my notes and left the cafeteria.  One of my students saw her do this and chased her into the ladies’ room where the nun hid in a stall.  The nun kept flushing the toilet to scare the student away, but the student wouldn’t let her out until she returned the briefcase.  Ha Ha Ha.  It sounds funny to recount but was an example of my experience at this college.  Someone vandalized my office door and ripped down anti-war posters that were on it.  I was gone from that college soon thereafter.  It taught me a lot.  Obey or else.

Heresy: The Latin word is from Greek hairesis, a taking or choosing for oneself, a choice.

At another teaching job a year or so later, I had a more chilling experience.  I was known as an anti-war activist, a conscientious objector from the Marines, etc., and one day, a late Friday afternoon when few were around, an administrator asked to meet me on a deserted stairwell where he proceeded in hushed tones to try to convince me to join him in Army Intelligence to spy on others.  He said I would be perfect for the job since I was known as an anti-war dissident.  I told him to fuck off, but I was shocked by his double life and his request.

I have since learned that this guy the spy was not an anomaly, for government confidence men are widespread.

I’ve had many other such early experiences for which I am very grateful, even though when I was fired from jobs and lost income it was traumatic at the time.  By my thirtieth year, I knew the system was corrupt to its core and subsequent experience has only ratified that conclusion.  I got the joke.

I recount these incidents not because my experiences are singular and I’m special, for others have suffered the same youthful fate.  But such good fortune can fortify you for life or break your spirit.  If the former, you don’t wait to retire to push back against all the lies or regret your past.  You find that it’s all good and life has set you on the heretic’s path of freedom and choice. You realize that what you went through is absolutely nothing compared to people around the world who have and continue to suffer at the hands of the U.S. military industrial complex.  You realize your experiences are trivial in the larger scope of things and that your government’s conduct is beyond condemnation.  It is an abomination.  You feel ashamed to live in a land where killing is a game.

The sociologist Peter Berger puts it well in his little classic, Invitation to Sociology, when he discusses experiences that lead to seeing through the play-acting nature of social life:

Experiences such as these may lead to a sudden reversal in one’s view of society – from an awe-inspiring vision of an edifice made of massive granite to the picture of a toy-house precariously put together with papier mâché. While such metamorphosis may be disturbing to people who have hitherto had great confidence in the stability and rightness of society, it can also have a very liberating effect on those more inclined to look upon the latter as a giant sitting on top of them, and not necessarily a friendly giant at that. It is reassuring to discover that the giant is afflicted with a nervous tick.

Notice the giant George W. Bush’s clicking eyes as he delivers his “facing clear evidence of peril” lies for the invasion of Iraq.  He and his presidential good friends are cardboard cartoon characters whose eyes reveal their evil intentions.  “It’s a Barnum and Bailey world/Just as phony as it can be,” but it would all fall to pieces if it weren’t for you and me failing to see through all the bad actors, not just presidents but the whole cast of characters that populate the Spectacle of news and opinion.

The Russians are coming!  Ha Ha Ha.  Yes, Oliver, the joke’s on us.

But it’s not really funny, except in the most sardonic and dark way, for we now do really face clear evidence of peril as a result of Biden and his crazy predecessors who have run U.S. foreign policy for so long. They have brought us to the edge of nuclear war with Russia by surrounding Russia with NATO bases and nuclear weapons, while doing the same to China.

Bertolt Brecht was right in his poem “To Those Born After”:

Truly I live in dark times!

Frank speech is naïve. A smooth forehead

Suggests insensitivity. The man who laughs

Has simply not yet heard

The terrible news.

What kind of times are these, when

To talk about trees is almost a crime

Because it implies silence about so many horrors?

When the man over there calmly crossing the street

Is already perhaps beyond the reach of his friends

Who are in need?

Fiscal Insanity: The Government Borrows $6 Billion a Day, and We’re Stuck with the Bill

By John & Nisha Whitehead

Source: The Rutherford Institute

We’re not living the American dream.

We’re living a financial nightmare.

The U.S. government is funding its existence with a credit card.

The government—and that includes the current administration—is spending money it doesn’t have on programs it can’t afford, and “we the taxpayers” are the ones being forced to foot the bill for the government’s fiscal insanity.

According to the number crunchers with the Committee for a Responsible Federal Budget, the government is borrowing roughly $6 billion a day.

As the Editorial Board for the Washington Post warns:

“The nation has reached a hazardous moment where what it owes, as a percentage of the total size of the economy, is the highest since World War II. If nothing changes, the United States will soon be in an uncharted scenario that weakens its national security, imperils its ability to invest in the future, unfairly burdens generations to come, and will require cuts to critical programs such as Social Security and Medicare. It is not a future anyone wants.

Let’s talk numbers, shall we?

The national debt (the amount the federal government has borrowed over the years and must pay back) is $31 trillion and will grow another $19 trillion by 2033. That translates to roughly $246,000 per taxpayer or $94,000 for every single person in the country.

The bulk of that debt has been amassed over the past two decades, thanks in large part to the fiscal shenanigans of four presidents, 10 sessions of Congress and two wars.

It’s estimated that the amount this country owes is now 130% greater than its gross domestic product (all the products and services produced in one year by labor and property supplied by the citizens).

In other words, the government is spending more than it brings in.

The U.S. ranks as the 12th most indebted nation in the world, with much of that debt owed to the Federal Reserve, large investment funds and foreign governments, namely, Japan and China.

Interest payments on the national debt are estimated to top $395 billion this year, which is significantly more than the government spends on veterans’ benefits and services, and according to Pew Research Center, more than it will spend on elementary and secondary education, disaster relief, agriculture, science and space programs, foreign aid, and natural resources and environmental protection combined.

According to the Committee for a Reasonable Federal Budget, the interest we’ve paid on this borrowed money is “nearly twice what the federal government will spend on transportation infrastructure, over four times as much as it will spend on K-12 education, almost four times what it will spend on housing, and over eight times what it will spend on science, space, and technology.”

In ten years, those interest payments will exceed our entire military budget.

This is financial tyranny.

We’ve been sold a bill of goods by politicians promising to pay down the national debt, jumpstart the economy, rebuild our infrastructure, secure our borders, ensure our security, and make us all healthy, wealthy and happy.

None of that has come to pass, and yet we’re still being loaded down with debt not of our own making while the government remains unrepentant, unfazed and undeterred in its wanton spending.

Indeed, the national deficit (the difference between what the government spends and the revenue it takes in) remains at more than $1.5 trillion.

If Americans managed their personal finances the way the government mismanages the nation’s finances, we’d all be in debtors’ prison by now.

Despite the government propaganda being peddled by the politicians and news media, however, the government isn’t spending our tax dollars to make our lives better.

We’re being robbed blind so the governmental elite can get richer.

In the eyes of the government, “we the people, the voters, the consumers, and the taxpayers” are little more than pocketbooks waiting to be picked.

“We the people” have become the new, permanent underclass in America.

Consider: The government can seize your home and your car (which you’ve bought and paid for) over nonpayment of taxes. Government agents can freeze and seize your bank accounts and other valuables if they merely “suspect” wrongdoing. And the IRS insists on getting the first cut of your salary to pay for government programs over which you have no say.

We have no real say in how the government runs, or how our taxpayer funds are used, but we’re being forced to pay through the nose, anyhow.

We have no real say, but that doesn’t prevent the government from fleecing us at every turn and forcing us to pay for endless wars that do more to fund the military industrial complex than protect us, pork barrel projects that produce little to nothing, and a police state that serves only to imprison us within its walls.

If you have no choice, no voice, and no real options when it comes to the government’s claims on your property and your money, you’re not free.

It wasn’t always this way, of course.

Early Americans went to war over the inalienable rights described by philosopher John Locke as the natural rights of life, liberty and property.

It didn’t take long, however—a hundred years, in fact—before the American government was laying claim to the citizenry’s property by levying taxes to pay for the Civil War. As the New York Times reports, “Widespread resistance led to its repeal in 1872.”

Determined to claim some of the citizenry’s wealth for its own uses, the government reinstituted the income tax in 1894. Charles Pollock challenged the tax as unconstitutional, and the U.S. Supreme Court ruled in his favor. Pollock’s victory was relatively short-lived. Members of Congress—united in their determination to tax the American people’s income—worked together to adopt a constitutional amendment to overrule the Pollock decision.

On the eve of World War I, in 1913, Congress instituted a permanent income tax by way of the 16th Amendment to the Constitution and the Revenue Act of 1913. Under the Revenue Act, individuals with income exceeding $3,000 could be taxed starting at 1% up to 7% for incomes exceeding $500,000.

It’s all gone downhill from there.

Unsurprisingly, the government has used its tax powers to advance its own imperialistic agendas and the courts have repeatedly upheld the government’s power to penalize or jail those who refused to pay their taxes.

While we’re struggling to get by, and making tough decisions about how to spend what little money actually makes it into our pockets after the federal, state and local governments take their share (this doesn’t include the stealth taxes imposed through tolls, fines and other fiscal penalties), the government continues to do whatever it likes—levy taxes, rack up debt, spend outrageously and irresponsibly—with little thought for the plight of its citizens.

To top it all off, all of those wars the U.S. is so eager to fight abroad are being waged with borrowed funds. As The Atlantic reports, “U.S. leaders are essentially bankrolling the wars with debt, in the form of purchases of U.S. Treasury bonds by U.S.-based entities like pension funds and state and local governments, and by countries like China and Japan.”

Of course, we’re the ones who have to repay that borrowed debt.

For instance, American taxpayers have been forced to shell out more than $5.6 trillion since 9/11 for the military industrial complex’s costly, endless so-called “war on terrorism.” That translates to roughly $23,000 per taxpayer to wage wars abroad, occupy foreign countries, provide financial aid to foreign allies, and fill the pockets of defense contractors and grease the hands of corrupt foreign dignitaries.

Mind you, that’s only a portion of what the Pentagon spends on America’s military empire.

The United States also spends more on foreign aid than any other nation, with nearly $300 billion disbursed over a five-year period. More than 150 countries around the world receive U.S. taxpayer-funded assistance, with most of the funds going to the Middle East, Africa and Asia. That price tag keeps growing, too.

As Forbes reports, “U.S. foreign aid dwarfs the federal funds spent by 48 out of 50 state governments annually. Only the state governments of California and New York spent more federal funds than what the U.S. sent abroad each year to foreign countries.”

Most recently, the U.S. has allocated nearly $115 billion in emergency military and humanitarian aid for Ukraine since the start of the Russia invasion.

As Dwight D. Eisenhower warned in a 1953 speech, this is how the military industrial complex continues to get richer, while the American taxpayer is forced to pay for programs that do little to enhance our lives, ensure our happiness and well-being, or secure our freedoms.

This is no way of life.

Yet it’s not just the government’s endless wars that are bleeding us dry.

We’re also being forced to shell out money for surveillance systems to track our movements, money to further militarize our already militarized police, money to allow the government to raid our homes and bank accounts, money to fund schools where our kids learn nothing about freedom and everything about how to comply, and on and on.

There was a time in our history when our forebears said “enough is enough” and stopped paying their taxes to what they considered an illegitimate government. They stood their ground and refused to support a system that was slowly choking out any attempts at self-governance, and which refused to be held accountable for its crimes against the people. Their resistance sowed the seeds for the revolution that would follow.

Unfortunately, in the 200-plus years since we established our own government, we’ve let bankers, turncoats and number-crunching bureaucrats muddy the waters and pilfer the accounts to such an extent that we’re back where we started.

Once again, we’ve got a despotic regime with an imperial ruler doing as they please.

Once again, we’ve got a judicial system insisting we have no rights under a government which demands that the people march in lockstep with its dictates.

And once again, we’ve got to decide whether we’ll keep marching or break stride and make a turn toward freedom.

But what if we didn’t just pull out our pocketbooks and pony up to the federal government’s outrageous demands for more money?

What if we didn’t just dutifully line up to drop our hard-earned dollars into the collection bucket, no questions asked about how it will be spent?

What if, instead of quietly sending in our tax checks, hoping vainly for some meager return, we did a little calculating of our own and started deducting from our taxes those programs that we refuse to support?

As I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, if we don’t have the right to decide what happens to our hard-earned cash, then we don’t have any rights at all.

Technology and a Tyranny Worse than Prison 

By Bert Olivier

Source: Brownstone Institute

In an outstanding piece of political-theoretical writing, titled ‘The Threat of Big Other’ (with its play on George Orwell’s ‘Big Brother’) Shoshana Zuboff, succinctly addresses the main issues of her book, The Age of Surveillance Capitalism – The Fight for a Human Future at the New Frontier of Power (New York: Public Affairs, Hachette, 2019), explicitly linking it to Orwell’s 1984

Significantly, at the time she reminded readers that Orwell’s goal with 1984 was to alert British and American societies that democracy is not immune to totalitarianism, and that “Totalitarianism, if not fought against, could triumph anywhere” (Orwell, quoted by Zuboff, p. 16). In other words, people are utterly wrong in their belief that totalitarian control of their actions through mass surveillance (as depicted in 1984, captured in the slogan, “Big Brother is watching you”) could only issue from the state, and she does not hesitate to name the source of this threat today (p. 16):

For 19 years, private companies practicing an unprecedented economic logic that I call surveillance capitalism have hijacked the Internet and its digital technologies. Invented at Google in 2000, this new economics covertly claims private human experience as free raw material for translation into behavioural data. Some data are used to improve services, but the rest are turned into computational products that predict your behaviour. These predictions are traded in a new futures market, where surveillance capitalists sell certainty to businesses determined to know what we will do next. 

By now we know that such mass surveillance does not merely have the purpose – if it ever did – of tracking and predicting consumer behaviour with the aim of maximising profits; far from it. It is generally known among those who prefer to remain informed about global developments, and who do not only rely on the legacy media for this, that in China such mass surveillance has reached the point where citizens are tracked through a myriad of cameras in public places, as well as through smartphones, to the point where their behaviour is virtually completely monitored and controlled. 

Small wonder that Klaus Schwab of the World Economic Forum (WEF) does not let an opportunity pass to praise China as the model to be emulated by other countries in this respect. It should therefore come as no surprise that investigative reporter, Whitney Webb, also alluding to Orwell’s prescience, draws attention to the striking similarities between mass surveillance that was developed in the United States (US) in 2020 and Orwell’s depiction of a dystopian society in 1984, first published in 1949. 

In an article titled “Techno-tyranny: How the US national security state is using coronavirus to fulfil an Orwellian vision,” she wrote:

Last year, a government commission called for the US to adopt an AI-driven mass surveillance system far beyond that used in any other country in order to ensure American hegemony in artificial intelligence. Now, many of the ‘obstacles’ they had cited as preventing its implementation are rapidly being removed under the guise of combating the coronavirus crisis.

Webb proceeds to discuss an American government body that focused on researching ways in which artificial intelligence (AI) could promote national security and defence needs, and which provided details concerning the “structural changes” which American society and economy would have to undertake to be able to maintain a technological advantage in relation to China. According to Webb the relevant governmental body recommended that the US follow China’s example in order to surpass the latter, specifically regarding some aspects of AI-driven technology as it pertains to mass surveillance. 

As she also points out, this stance on the desired development of surveillance technology conflicts with (incongruous) public statements by prominent American politicians and government officials, that Chinese AI-technological surveillance systems instantiate a significant threat for Americans’ way of life), which did not, however, prevent the implementation of several stages of such a surveillance operation in the US in 2020. As one knows in retrospect, such implementation was undertaken and justified as part of the American response to Covid-19. 

None of this is new, of course – by now it is well-known that Covid was the excuse to establish and implement Draconian measures of control, and that AI has been an integral part of it. The point I want to make, however, is that one should not be fooled into thinking that strategies of control will end there, nor that the Covid pseudo-vaccines were the last, or worst, of what the would-be rulers of the world can inflict upon us to exercise the total control they wish to achieve – a level of control that would be the envy of the fictional Big Brother society of Orwell’s 1984

For example, several critically thinking people have alerted one to the alarming fact that the widely touted Central Bank Digital Currencies (CBDCs) are Trojan horses, with which the neo-fascists driving the current attempt at a ‘great reset’ of society and the world economy aim to gain complete control over people’s lives. 

At first blush the proposed switch from a fractional reserve monetary system to a digital currency system may seem reasonable, particularly in so far as it promises the (dehumanising) ‘convenience’ of a cashless society. As Naomi Wolf has pointed out, however, far more than this is at stake. In the course of a discussion of the threat of ‘vaccine passports’ to democracy, she writes (The Bodies of Others, All Seasons Press, 2022, p. 194):

There is now also a global push toward government-managed digital currencies. With a digital currency, if you’re not a ‘good citizen,’ if you pay to see a movie you shouldn’t see, if you go to a play you shouldn’t go to, which the vaccine passport will know because you have to scan it everywhere you go, then your revenue stream can be shut off or your taxes can be boosted or your bank account won’t function. There is no coming back from this.

I was asked by a reporter, ‘What if Americans don’t adopt this?’

And I said, ‘You’re already talking from a world that’s gone if this succeeds in being rolled out.’ Because if we don’t reject the vaccine passports, there won’t be any choice. There will be no such thing as refusing to adopt it. There won’t be capitalism. There won’t be free assembly. There won’t be privacy. There won’t be choice in anything that you want to do in your life.

And there will be no escape.

 In short, this was something from which there was no returning. If indeed there was a ‘hill to die on,’ this was it. 

This kind of digital currency is already in use in China, and it is being rapidly developed in countries like Britain and Australia, to mention only some.

Wolf is not the only one to warn against the decisive implications that accepting digital currencies would have for democracy. 

Financial gurus such as Catherine Austin Fitts and Melissa Cuimmei have both signalled that it is imperative not to yield to the lies, exhortations, threats and whatever other rhetorical strategies the neo-fascists might employ to force one into this digital financial prison. In an interview where she deftly summarises the current situation of being “at war” with the globalists, Cuimmei has warned that the drive towards digital passports explains the attempt to get young children ‘vaccinated’ en masse: unless they can do so on a large scale, they could not draw children into the digital control system, and the latter would therefore not work. She has also stressed that the refusal to comply is the only way to stop this digital prison from becoming a reality. We have to learn to say “No!”

Why a digital prison, and one far more effective that Orwell’s dystopian society of Oceania? The excerpt from Wolf’s book, above, already indicates that the digital ‘currencies’ that would be shown in your Central World Bank account, would not be money, which you could spend as you saw fit; in effect, they would have the status of programmable vouchers that would dictate what you can and cannot do with them. 

They constitute a prison worse than debt, paralysing as the latter may be; if you don’t play the game of spending them on what is permissible, you could literally be forced to live without food or shelter, that is, eventually to die. Simultaneously, the digital passports of which these currencies would be a part, represent a surveillance system that would record everything you do and wherever you go. Which means that a social credit system of the kind that functions in China, and has been explored in the dystopian television series, Black Mirror, would be built into it, which could make or break you.  

In her The Solari Report, Austin Fitts, for her part, elaborates on what one can do to “stop CBDCs,” which includes the use of cash, as far as possible, limiting one’s dependence on digital transaction options in favour of analog, and using good local banks instead of the banking behemoths, in the process decentralising financial power, which is further strengthened by supporting small local businesses instead of large corporations. 

One should be under no illusion that this will prove to be easy, however. As history has taught us, when dictatorial powers attempt to gain power over people’s lives, resistance on the part of the latter is usually met with force, or ways of neutralising resistance.

As Lena Petrova reports, this was recently demonstrated in Nigeria, which was one of the first countries in the world (Ukraine being another), to introduce CBDCs, and where there was initially a very tepid response from the population, where most people prefer using cash (partly because many cannot afford smartphones). 

Not to be outdone, the Nigerian government resorted to dubious shenanigans, such as printing less money and asking people to hand in their ‘old’ banknotes for ‘new’ ones, which have not materialised. The result? People are starving because they lack cash to buy food, and they do not have, or do not want, CBDCs, partly because they lack smartphones and partly because they resist these digital currencies. 

It is difficult to tell whether Nigerians’ doubts about CBDCs is rooted in their awareness that, once embraced, the digital passport of which these currencies will comprise a part, would allow the government complete surveillance and control of the populace. Time will tell whether Nigerians will accept this Orwellian nightmare lying down.

Which brings me to the significant philosophical point underpinning any argument about resisting the drive for dictatorial power through mass surveillance. As every enlightened person should know, there are different kinds of power. One such variety of power is encapsulated in Immanuel Kant’s famous motto for enlightenment, formulated in his famous 18th-century essay, “What is Enlightenment?” The motto reads: “Sapere aude!” and translates as “Have the courage to think for yourself,” or “Dare to think!” 

This motto may be said to correspond with what contributors to the activities of Brownstone Institute engage in. Hence, the emphasis on critical intellectual engagement is indispensable. But is it sufficient? I would argue that, while speech act theory has demonstrated, accurately – emphasising the pragmatic aspect of language – that speaking (and one could add writing) is already ‘doing something,’ there is another sense of ‘doing.’ 

This is its meaning of acting in the sense one encounters in discourse theory – which demonstrates the interwovenness of speaking (or writing) and acting through the imbrication of language with power relations. What this implies is that language use is intertwined with actions that find their correlate(s) in speaking and writing. This is compatible with Hannah Arendt’s conviction, that of labour, work and action (the components of the vita activa), action – the verbal engagement with others, broadly for political purposes, is the highest embodiment of human activity.

Philosophers Michael Hardt and Antonio Negri have shed important light on the question of the connection between Kant’s “Sapere aude!” and action. In the third volume of their magisterial trilogy, Commonwealth (Cambridge, Mass., Harvard University Press, 2009; the other two volumes being Empire and Multitude), they argue that although Kant’s “major voice” shows that he was indeed an Enlightenment philosopher of the transcendental method, who uncovered the conditions of possibility of certain knowledge of the law-governed phenomenal world, but by implication also of a practical life of dutiful social and political responsibility, there is also a seldom-noticed “minor voice” in Kant’s work. 

This points, according to them, towards an alternative to the modern power complex that Kant’s “major voice” affirms, and it is encountered precisely in his motto, articulated in the short essay on enlightenment referred to above. They claim further that the German thinker developed his motto in an ambiguous manner – on the one hand “Dare to think” does not undermine his encouragement, that citizens carry out their various tasks obediently and pay their taxes to the sovereign. Needless to stress, such an approach amounts to the strengthening of the social and political status quo. But on the other hand, they argue that Kant himself creates the aperture for reading this enlightenment exhortation (p. 17): 

[…] against the grain: ‘dare to know’ really means at the same time also ‘know how to dare’. This simple inversion indicates the audacity and courage required, along with the risks involved, in thinking, speaking, and acting autonomously. This is the minor Kant, the bold, daring Kant, which is often hidden, subterranean, buried in his texts, but from time to time breaks out with a ferocious, volcanic, disruptive power. Here reason is no longer the foundation of duty that supports established social authority but rather a disobedient, rebellious force that breaks through the fixity of the present and discovers the new. Why, after all, should we dare to think and speak for ourselves if these capacities are only to be silenced immediately by a muzzle of obedience? 

One cannot fault Hardt and Negri here; notice, above, that they include ‘acting’ among those things for which one requires the courage to ‘dare.’ As I have previously pointed out in a discussion of critical theory and their interpretation of Kant on the issue of acting, towards the conclusion of his essay, Kant uncovers the radical implications of his argument: if the ruler does not submit himself (or herself) to the very same rational rules that govern the citizens’ actions, there is no obligation on the part of the latter to obey such a monarch any longer. 

In other words, rebellion is justified when authorities themselves do not act reasonably (which includes the tenets of ethical rationality), but, by implication, unjustifiably, if not aggressively, towards citizens. 

There is a lesson in this as far as the ineluctable need for action is concerned when rational argument with would-be oppressors gets one nowhere. This is especially the case when it becomes obvious that these oppressors are not remotely interested in a reasonable exchange of ideas, but summarily resort to the current unreasonable incarnation of technical rationality, namely AI-controlled mass surveillance, with the purpose of subjugating entire populations. 

Such action might take the form of refusing ‘vaccinations’ and rejecting CBDCs, but it is becoming increasingly apparent that one will have to combine critical thinking with action in the face of merciless strategies of subjugation on the part of the unscrupulous globalists.

The Everything Bubble and Global Bankruptcy

By Charles Hugh Smith

Source: Of Two Minds

The resulting erosion of collateral will collapse the global credit bubble, a repricing/reset that will bankrupt the global economy and financial system.

Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing. It’s really that simple.

In eras of easy credit, both creditworthy and marginal borrowers are suddenly able to borrow more. This flood of new cash seeking a return fuels red-hot demand for conventional assets considered “safe investments” (real estate, blue-chip stocks and bonds), demand which given the limited supply of “safe” assets, pushes valuations of these assets to the moon.

In the euphoric atmosphere generated by easy credit and a soaring asset valuations, some of the easy credit sloshes into marginal investments (farmland that is only briefly productive if it rains enough, for example), high-risk speculative ventures based on sizzle rather than actual steak and outright frauds passed off as legitimate “sure-fire opportunities.”

The price people are willing to pay for all these assets soars as the demand created by easy credit increases. And why does credit continue increasing? The assets rising in value create more collateral which then supports more credit.

This self-reinforcing feedback appears highly virtuous in the expansion phase: the grazing land bought to put under the plow just doubled in value, so the owners can borrow more and use the cash to expand their purchase of more grazing land. The same mechanism is at work in every asset: homes, commercial real estate, stocks and bonds: the more the asset gains in value, the more collateral becomes available to support more credit.

Since there’s plenty of collateral to back up the new loans, both borrowers and lenders see the profitable expansion of credit as “safe.”

This safety is illusory, as it’s resting on an unstable pile of sand: bubble valuations driven by easy credit. We all know that price is set by what somebody will pay for the asset. What attracts less attention is price is also set by how much somebody can borrow to buy the asset.

Once the borrower has maxed out their ability to borrow (their income and assets-owned cannot support more debt) or credit conditions tighten, then those who might have paid even higher prices for assets had they been able to borrow more money can no longer borrow enough to bid the asset higher.

Since price is set on the margin (i.e. by the last sales), the normal churn of selling is enough to push valuations down. At first the euphoria is undented by the decline, but as credit tightens (interest rates rise and lending standards tighten, cutting off marginal buyers and ventures) then buyers become scarce and skittish sellers proliferate.

Questions about fundamental valuations arise, and sky-high valuations are found wanting as tightening credit reduces sales, revenues and profits. Once the “endless growth” story weakens, the claims that bubble prices are “fair value” evaporate.

As defaults rise, lenders are forced to tighten credit further. The first tumbling rocks are ignored but eventually the defaults trigger a landslide, and the credit-inflated bubble in asset valuations collapses.

As valuations plummet, so too does the collateral backing all the new debt. Debt that appeared “safe” is soon exposed as a potential push into insolvency. When the bungalow doubled in value from $500,000 to $1 million, the trajectory of valuation gains looked predictably rosy: every decade housing prices went up 30% or more. So originating a mortgage for $800,000 on a house that looked to be worth $1.3 million in a few years looked rock-solid safe.

But the $1 million was a bubble based solely on easy, abundant, low-cost credit. When credit tightens, the home is slowly but surely repriced at its pre-bubble valuation ($500,000) or perhaps much lower, if that value was merely an artifact of a previous unpopped bubble.

Now the collateral is $300,000 less than the mortgage. The owner who made a down payment of $200,000 will be wiped out by a forced sale at $500,000, and the lender (or owner of the mortgage) will take a $300,000 loss.

Given the banking system is set up to absorb only modest, incremental losses, losses of this magnitude render the lender insolvent. The lender’s capital base is drained to zero by the losses and then pushed into negative net-worth by continued losses.

The collateral collapses when bubbles pop, but the debt loaned against the now-phantom collateral remains.

This is the story of the Great Depression, a story that’s unloved because it calls into question the current series of credit-inflated bubbles and resulting financial crises. So the story is reworked into something more palatable such as “the Federal Reserve made a policy error.”

This encourages the fantasy that if central banks choose the right policies, credit bubbles and valuations detached from reality can both keep expanding forever. The reality is credit bubbles always pop, as the expansion of borrowing eventually exceeds the income and collateral of marginal borrowers, and this tsunami of cash eventually pours into marginal high-risk speculative vebtures that go bust.

There is no way to thread the needle so credit-asset bubbles never pop. Yet here we are, watching the global Everything Bubble finally start collapsing, guaranteeing the collapse of collateral and all the debt issued on that collateral, and the rabble is arguing about what policy tweaks are needed to reinflate the bubble and save the global economy from bankruptcy.

Sorry, but global bankruptcy is already baked in. Too much debt has been piled on phantom-collateral and income streams derived from bubble assets rising (for example, capital gains, development taxes, etc.). The asymmetry is now so extreme that even a modest decline in asset valuations/collateral due to a garden-variety business-cycle recession of tightening financial conditions will trigger the collapse of The Everything Bubble and the mountain of global debt resting on the wind-blown sands of phantom collateral.

There are persuasive reasons to suspect global debt far exceeds the official level around $300 trillion, most saliently, the largely opaque shadow banking system. When assets roughly double in a few years, bubble symmetry suggests that valuations will decline back to the starting point of the bubble in roughly the same time span.

The resulting erosion of collateral will collapse the global credit bubble, a repricing/reset that will bankrupt the global economy and financial system.