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Controlling The Savages: COVID, Lockdowns, Shortages, and The Great Reset

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By Brandon Turbeville

Source: Activist Post

Who controls the food supply controls the people. Who controls the energy can control whole continues. Who controls money can control the whole world. – Henry Kissinger

Around 1868, the Indian Wars had briefly paused and the soon to be butchered treaties remained in force. However, the US Federal government and private interests were well aware that the “Indian Question” and “problem of the savages” was still unanswered. In other words, the “problem of the savages” was that the savages still existed. Those “savages” had been beaten back for years by the US regular army but they were not completely vanquished. In fact, despite being outmanned and outgunned and with little to no competition for the advancements in weaponry of the US Army, the Native Americans routinely routed the American military, at times slaughtering whole detachments.

But now that the secessionists had been dealt with, it became apparent that it was now time to remove the gloves from the iron fist of the coming settlements and that the Native Americans had to be annihilated, subjugated, or displaced from their native lands. Railroads, telegraphs, mines, and the like were all being hampered by the very existence of Native Americans.

Enter William Sherman, the general famous for his brutal March to the Sea, the burning of Atlanta, and the destruction of civilian infrastructure in the US Civil War. Say what you want about Sherman, the man knew how to win a war. He knew that breaking the backs of the civilian population and the ability of the society as well as military to sustain itself was a successful method of warfare. He also knew that the Native Americans relied upon buffalo for food and shelter and indeed their very survival. In a letter penned in 1868, he wrote that as long as the buffalo were alive, “Indians will go there. I think it would be wise to invite all the sportsmen of England and America there this fall for a Grand Buffalo hunt, and make one grand sweep of them all.”

And so it became unofficial Federal policy that the buffalo had to be extinguished in order to solve the vexing “Indian problem.” Over the next ten years, the buffalo were hunted by privateers, highly encouraged by the US government, to the point of near extinction. Where buffalo once numbered about 30 million, by the end of the 1800s, that number had been reduced to just a few hundred.

In Andrew C. Isenberg’s book, The Destruction Of The Bison, Isenberg writes of a reporter who asks a railroad worker, “Do the Indians make a living gathering these bones?’ Yes, replied a railroad inspector, ‘but it is a mercy that they can’t eat bones. We were never able to control the savages until their supply of meat was cut off.”

Fast forward to 2022. After nearly three years of COVID hysteria, lockdowns, economic disruptions, and schizophrenic government responses, the United States as a whole, as well as the rest of the world, is facing a food shortage. Claims that once belonged only to “preppers” and “conspiracy theorists” are now mainstream news items, with corporate media outlets reporting that some items may be in short supply or simply not available at all. All that is necessary is a brief internet search to see a myriad of mainstream reports of shortages of meat, vegetables, baby formula and many other staple items. Just a cursory walk around the local grocery store will reveal a fairly obvious shortage of many items though the pain is now mostly at the point of being an inconvenience moreso than a reason for panic. For now.

But talk of a food shortage is more than scattered news reports. Even the United Nations is warning of  one, but not just in the United States. The UN is warning of a global food shortage. As ABC News reports,

The head of the United Nations warned Friday that the world faces “catastrophe” because of the growing shortage of food around the globe.

U.N. Secretary-General Antonio Guterres said the war in Ukraine has added to the disruptions caused by climate change, the coronavirus pandemic and inequality to produce an “unprecedented global hunger crisis” already affecting hundreds of millions of people.

“There is a real risk that multiple famines will be declared in 2022,” he said in a video message to officials from dozens of rich and developing countries gathered in Berlin. “And 2023 could be even worse.”

Guterres noted that harvests across Asia, Africa and the Americas will take a hit as farmers around the world struggle to cope with rising fertilizer and energy prices.

“This year’s food access issues could become next year’s global food shortage,” he said. “No country will be immune to the social and economic repercussions of such a catastrophe.”

Notice that Gueterres also mentions the rising prices of fuel and fertilizer. This is something else that is being experienced worldwide, not just in the United States. Of course, Western media and the ruling party would have the population believe that Vladmir Putin is hoarding all the world’s gas via Ukraine, imposing restrictions and taxes on the vulnerable people of the United States who were on their way to energy independence just three short years. Now, however, they somehow woke up begging other countries for fuel, licking the boots of the Saudis, and blaming Vlad for the doubling of the price at the pump. Clearly, it has nothing to do with intentionally shutting off oil pipelines and punishing businesses and working people on behalf of the climate and faulty notion that man-made CO2 is causing temperatures to rise and the planet to reach a point of irreversible calamity.

Again, however, fuel prices aren’t just rising in the United States. They are rising across the world along with fertilizer and food costs and along with the price of just about any consumer good. Inflation, too – the hidden tax that is making itself well known in the United States – is popping up in the majority of countries across the globe. Who knew printing large amounts of money would cause that money to be worth less and thus cause prices to rise to compensate?

Living standards, too, are dropping all across the world with polio now rearing its head in the UK again for the first time since the 1980s. Polio, of course, is a disease that thrives on the low living standards and poor sanitation of the third world, a world which was partially imported to the UK all the while the standards of living (healthcare, sanitation, nutrition, etc.) have been gradually eroded. It’s not just the UK either. Living standards have been falling in the US for decades but accelerating recently. That is, of course, unless one chooses to believe silly “happiness indexes” repeated out of the UN to promote globalism and Free Trade policies.

Even basic services are falling apart. Labor shortages from pilots to the service industry are causing disruptions in the economy, rising prices, and chaos at airports. All happening globally.

Food shortages are happening globally. Food prices are rising globally. Fuel and fertilizer are rising globally. Living standards are falling globally. Inflation is rising globally. Labor shortages are global. Transportation is falling apart globally. See a pattern yet?

Everything disruption happening nationally is also happening globally. Are we expected to believe that every government across the world simply made the same stupid decisions at the same time? That none of them could figure out the source of the problem? Shouldn’t at least one of them have stumbled on the right path forward and lead the others through the mist? Or should we assume that there are more factors at play here and remember that anytime we see the same thing happening across the world at the same time agendas that are global in nature and have no respect for national boundaries are marching forward? I would argue the latter.

Keep in mind, all of these “global crises” came to be out of the “global pandemic,” itself at best an opportunity that was not allowed to go to waste. At worst, a global hoax designed to usher in the Great Reset. COVID, after all, is still a virus that has yet to be fully identified in a lab, yet the entire world was locked down at the same time, a prison planet brought in to being, upon this dubious evidence and weak justifications. Regardless, COVID’s biggest casualty was freedom.

None of the current crises have arisen on the basis of a chain of befuddled reactionaries acting in ignorant unison across the globe to an emerging “pandemic.” In fact, the only ones ignorant of the pandemic and coming responses were the unsuspecting civilians who willingly gave up their most basic rights over fear of a virus that has never been isolated in a lab and still is not able to be accurately tested for.

Still think COVID just surprised everyone in power as much as it did the unsuspecting citizens? Consider briefly how, in the months before the alleged pandemic arose, a simulation exercise was held at Johns Hopkins Center for Health Security in concert with the World Economic Forum and the Bill and Melinda Gates Foundation regarding the emergence of a global coronavirus pandemic that results in mass disruption of life and culture as we know it, economic chaos, and disruption of basic services.

As Tim Hinchcliffe wrote in his article, “A Timeline Of The Great Reset Agenda: From Foundation To Event 201 And The Pandemic of 2020,”

On May 15, 2018, Johns Hopkins Center for Health Security hosted the “Clade X” pandemic exercise in partnership with the WEF.

The Clade X exercise included mock video footage of actors giving scripted news reports about a fake pandemic scenario

. . . . .

The Clade X event also included discussion panels with real policymakers who assessed that governments and industry were not adequately prepared for the fictitious global pandemic.

“In the end, the outcome was tragic: the most catastrophic pandemic in history with hundreds of millions of deaths, economic collapse and societal upheaval,” according to a WEF report on Clade X.

“There are major unmet global vulnerabilities and international system challenges posed by pandemics that will require new robust forms of public-private cooperation to address” — Event 201 pandemic simulation (October, 2019)

Then on October 18, 2019, in partnership with Johns Hopkins and the Bill and Melinda Gates Foundation, the WEF ran Event 201.

During the scenario, the entire global economy was shaken, there were riots on the streets, and high-tech surveillance measures were needed to “stop the spread.”

. . . . .

Two fake pandemics were simulated in the two years leading up to the real coronavirus crisis.

“Governments will need to partner with traditional and social media companies to research and develop nimble approaches to countering misinformation” — Event 201 pandemic simulation (October, 2019)

The Johns Hopkins Center for Health Security issued a public statement on January 24, 2020, explicitly addressing that Event 201 wasn’t meant to predict the future.

“To be clear, the Center for Health Security and partners did not make a prediction during our tabletop exercise. For the scenario, we modeled a fictional coronavirus pandemic, but we explicitly stated that it was not a prediction. Instead, the exercise served to highlight preparedness and response challenges that would likely arise in a very severe pandemic.”

Intentional or not, Event 201 “highlighted” the “fictional” challenges of a pandemic, along with recommendations that go hand-in-hand with the great reset agenda that has set up camp in the nefarious “new normal.”

“The next severe pandemic will not only cause great illness and loss of life but could also trigger major cascading economic and societal consequences that could contribute greatly to global impact and suffering” — Event 201 pandemic simulation (October, 2019)

Together, the Johns Hopkins Center for Health Security, the World Economic Forum, and the Bill and Melinda Gates Foundation submitted seven recommendations for governments, international organizations, and global business to follow in the event of a pandemic.

The Event 201 recommendations call for greater collaboration between the public and private sectors while emphasizing the importance of establishing partnerships with un-elected, global institutions such as the WHO, the World Bank, the International Monetary Fund, and the International Air Transport Organization, to carry out a centralized response.

. . . . .

One of the recommendations calls for governments to partner with social media companies and news organization to censor content and control the flow of information.

“Media companies should commit to ensuring that authoritative messages are prioritized and that false messages are suppressed including though [sic] the use of technology” — Event 201 pandemic simulation (October, 2019)

According to the report, “Governments will need to partner with traditional and social media companies to research and develop nimble approaches to countering misinformation.

“National public health agencies should work in close collaboration with WHO to create the capability to rapidly develop and release consistent health messages.

“For their part, media companies should commit to ensuring that authoritative messages are prioritized and that false messages are suppressed including though [sic] the use of technology.”

Sound familiar?

Throughout 2020, Twitter, Facebook, and YouTube have been censoring, suppressing, and flagging any coronavirus-related information that goes against WHO recommendations as a matter of policy, just as Event 201 had recommended.

Big tech companies have also deployed the same content suppression tactics during the 2020 US presidential election — slapping “disputed” claims on content that question election integrity.

Take a look at the predictions made by Event 201:

  • Governments implementing lockdowns worldwide
  • The collapse of many industries
  • Growing mistrust between governments and citizens
  • A greater adoption of biometric surveillance technologies
  • Social media censorship in the name of combating misinformation
  • The desire to flood communication channels with “authoritative” sources
  • A global lack of personal protective equipment
  • The breakdown of international supply chains
  • Mass unemployment
  • Rioting in the streets (see source)

Only the last two are yet to have checkmarks beside them, though mainstream economists are pointing toward September as a possible date for the mass unemployment. Surely, unless there is some inflationary printing by governments, the riots will then follow.

At the core of the COVID scam as well as the subsequent crises mentioned above is the ushering in of an entirely new society, that depicted by UN Agenda 21 and the Great Reset, itself the beginning of a global society reminiscent of that depicted in the The Hunger Games.

So what is the Great Reset? Essentially, the term comes from both a June 3, 2020 event sponsored by the WEF entitled The Great Reset which featured statements from leaders of the IMF, World Bank, and members of the corporate and banking sectors of the United States and UK as well as book written by Klaus Schwab, founder of the WEF, entitled COVID19: The Great Reset. Both the book and the event echoed the same sentiment, i.e. that the world economy must be shut down and “reset” in order to usher in a new economy based upon the ideals of Agenda 21 and the Green New Deal.

Hinchcliffe again, in a separate article, “’The Great Reset Will Dramatically Expand The Surveillance State Via Real-Time Tracking’: Ron Paul,” writes,

The overall goal of the WEF’s so-called great reset agenda has always been to reshape the global economy and revamp every aspect of society, with or without COVID.

Trust becomes a major concern when you realize that the idea of tracking and tracing every human being on the planet was already championed by the WEF Founder Klaus Schwab years before COVID-19 arrived on the scene.

Another concern is whether to believe that the lockdowns, the limited mobility, the destruction of small businesses, the crashing of the economy, the home evictions, and the largest transfer of wealth in the history of the world are all necessary to stop an “invisible enemy,” along with the subsequent curtailing of freedom that hasn’t been seen in the free world since the beginning of the so-called War on Terror.

“This digital identity determines what products, services and information we can access – or, conversely, what is closed off to us” — WEF report

According to Schwab, the post-COVID fourth industrial revolution will lead to “a fusion of our physical, our digital, and our biological identities.”

In his books, “COVID-19: The Great Reset,” (2020) and “The Fourth Industrial Revolution” (2017), Schwab envisioned a future of tracking and tracing every individual through digital identities connected to the Internet of Bodies (IoB) ecosystem.

For example, in “The Fourth Industrial Revolution,” Schwab noted:

Any package, pallet or container can now be equipped with a sensor, transmitter or radio frequency identification (RFID) tag that allows a company to track where it is as it moves through the supply chain—how it is performing, how it is being used, and so on.

In the near future, similar monitoring systems will also be applied to the movement and tracking of people.

. . . . .

The digital identity agenda picked-up speed throughout 2020, starting with contact tracing and continuing with immunity passports to monitor and control citizen mobility for the greater good.

After attempting to justify mass surveillance in the interest of public health and safety, Schwab wrote in “COVID-19: The Great Reset” that in the post-pandemic era “the genie of tech surveillance will not be put back in the bottle,” and that “dystopian scenarios are not a fatality.”

Below are just a few quotes from “COVID19: The Great Reset:”

Now that information and communication technologies permeate almost every aspect of our lives and forms of social participation, any digital experience that we have can be turned into a “product” destined to monitor and anticipate our behavior.

. . . . .

The pandemic could open an era of active health surveillance made possible by location-detecting smartphones, facial-recognition cameras and other technologies that identify sources of infection and track the spread of a disease in quasi real time.

. . . . .

Dystopian scenarios are not a fatality. It is true that in the post-pandemic era, personal health and wellbeing will become a much greater priority for society, which is why the genie of tech surveillance will not be put back into the bottle.

. . . . .

The combination of AI, the IoT and sensors and wearable technology will produce new insights into personal well-being. They will monitor how we are and feel, and will progressively blur the boundaries between public healthcare systems and personalized health creation systems – a distinction that will eventually break down.

Hinchcliffe also writes:

Between 2014 and 2017, the WEF called to reshape, restart, reboot, and reset the global order every single year, each aimed at solving various “crises.”

2014: WEF publishes meeting agenda entitled “The Reshaping of the World: Consequences for Society, Politics and Business.”

2015: WEF publishes article in collaboration with VOX EU called “We need to press restart on the global economy.”

2016: WEF holds panel called “How to reboot the global economy.”

2017: WEF publishes article saying “Our world needs a reset in how we operate.”

In 2020, the coronavirus was the catalyst needed to enact the great reset plan that had been bubbling under the surface for years, and immunity passports are just another step in the overall plan to track and trace every citizen through their digital identity.

Without digressing too far, I would suggest reading my article, “Social Media, Universal Basic Income, and Cashless Society: How China’s Social Credit System Is Coming To America,” to see just how far characters like Klaus would like to drag the world’s population. It truly is essential reading at this stage of the game.

One of the few statements made by the WEF related to its future goals was a bizarre article published by Forbes entitled, “ Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been Better,” where the WEF contributor describes a futuristic society (eight years away) that resembles a feudalist communist utopia where there is no such thing as privacy or private property and AI runs society. The article is so bizarre because, while it attempts to paint a utopia, even the fictional narrator can’t seem to keep from sounding like a brainwashed cult member. It reads

My biggest concern is all the people who do not live in our city. Those we lost on the way. Those who decided that it became too much, all this technology. Those who felt obsolete and useless when robots and AI took over big parts of our jobs. Those who got upset with the political system and turned against it. They live different kind of lives outside of the city. Some have formed little self-supplying communities. Others just stayed in the empty and abandoned houses in small 19th century villages.

Once in a while I get annoyed about the fact that I have no real privacy. Nowhere I can go and not be registered. I know that, somewhere, everything I do, think and dream of is recorded. I just hope that nobody will use it against me.

All in all, it is a good life. Much better than the path we were on, where it became so clear that we could not continue with the same model of growth. We had all these terrible things happening: lifestyle diseases, climate change, the refugee crisis, environmental degradation, completely congested cities, water pollution, air pollution, social unrest and unemployment. We lost way too many people before we realized that we could do things differently.

Combined with the Social Credit System, UBI, and digital passports, UN Agenda 21, mentioned above, the next step after the world’s economic and cultural systems are “reset,” will be implemented, creating what is essentially a global version of the Soviet Union, gulags and all. For those who are unaware, UN Agenda 21 is an established and published plan developed by the United Nations Department of Economic and Social Affairs, Division for Sustainable Affairs. The plan, according to the UN website, is a “comprehensive plan of action to be taken globally, nationally and locally by organizations of the United Nations system, government, and major groups, in every area in which humans have impact on the environment.”

The plan essentially calls for government control of all land, where human and animal lifestyle and activity is strictly limited and controlled, humans rounded up into “habitat areas,” and individual rights are a thing of the past. Travel will be restricted to essential vehicles only and diet will be mandated by the dictates of the “needs” of the environment.

This is precisely why we are seeing chaos at airports for lack of pilots, why the supply chain is broken and why food is becoming scarce. This is not by accident. In fact, food-processing facilities have been burned,vandalized, and rendered inoperable all across the United States in seemingly random acts. But how random are they? Did a sudden mass psychosis take hold which prodded people into carrying out attacks against food-processing facilities? Or, again, is there an agenda afoot?

Is it any coincidence that the very goals set forth by Agenda 21 and the Great Reset have been met one by one in the last two years?

  • Economic shutdown and “reset” – COVID Lockdowns and furloughs, artificial labor shortages.
  • Food shortages – disruption of supply chain by lockdowns, labor shortage, “random” attacks on    food facilities, destruction of crops, culling of farm animals, rising fuel prices.
  • Restriction of travel – rising fuel prices, fewer cars functional due to trade disruption, harder to find parts, COVID travel restrictions, vaccine passports, digital monitoring of travel, pilot  shortages.
  • Loss of individual rights – slow burn for decades but COVID lockdowns, vaccine passports,   travel restrictions, right to gather all drastically infringed upon under “emergency measures” have eviscerated the concept of individual rights.
  • Unemployment – global economy already struggling before COVID, after the “pandemic,” however, many businesses simply disappeared.

But there is some light in all this. Where many people simply panicked at the outset of the “pandemic” and willingly gave up their rights and their critical thinking skills, the subsequent infringement upon their daily lives for such a sustained amount of time with little to no logical standards for actually preventing disease, many eventually began opening their eyes to the fact that another agenda was being put in place. In fact, more people than ever before have begun to openly question and oppose what their governments are doing in the name of keeping them safe and healthy.

So, after two years of having their most basic rights shredded and destroyed, the savages have become restless. They’ve started to realize that the treaties of the status quo between themselves and the global ruling glass were not being honored and so they began to question the legitimacy of that ruling class. They voted, they protested, they demonstrated, and refused to comply.

And what is the response of the ruling class? “We were never able to fully control the savages until their supply of meat was cut off.” It’s not very inventive but it is effective. So the question dear reader is, if you are a savage and your meat supply is being cut off, what should you do? Well, ask yourself what should the native Americans have done? I’ll leave that up to you but, I think you already know the answer.

The Age of Discord

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By Charles Hugh Smith

Source: Of Two Minds

It’s very difficult to find common ground that supports cooperation in the disintegrative stage of scarcities, rising prices, catastrophically centralized power and social discord.

Today’s topic echoes Peter Turchin’s 2016 book, Ages of Discord, which I have often referenced in blog posts.

I’ll also discuss two other books I’ve often referenced, Global Crisis: War, Climate Change and Catastrophe in the Seventeenth Century by Geoffrey Parker and The Great Wave: Price Revolutions and the Rhythm of History by David Hackett Fischer.

Turchin proposes repeating cycles of history of social integration (people finding reasons to cooperate) and disintegration (people finding reasons to not cooperate).

Clearly, we’re in a disintegrative stage.

Fischer proposed a repeating cycle of history in which humans expand their numbers and economy to consume all available resources.

Once all the low-hanging fruit has been consumed, scarcities arise, pushing prices above what commoners can afford, and the result is economic stagnation and social/political revolution.

Either humans exploit a new energy source at scale to provide for the larger population and higher consumption per person, or the population and consumption decline to fit available resources.

Parker covers the mutually reinforcing climate, political, social and economic crises of the 17th century. A long cycle of cold, wet summers reduced crop yields, leading to hunger and strife.

Parker also identifies another cause of the tumultuous, war-plagued 1600s: political leaders had consolidated too much power, enabling them to pursue disastrous wars without any restraint from competing domestic social-political interests.

Clearly, we’re in Fischer’s stage of overshoot and resource scarcity and Parker’s extremes of centralized power free to pursue catastrophic wars of choice.

In the 1600s, those launching wars reckoned a clean, decisive victory was within easy reach. In every case, the wars dragged on inconclusively or generated even wider conflicts.

In the end, all the wars were settled diplomatically, not by military victory. The military gains were nil while the destruction was widespread and devastating.

Fischer details how poorly humans respond to scarcity and higher prices, also known as inflation or more. accurately, as the decline in purchasing power of money and labor. As scarcities and higher prices take their toll, society unravels: crime and social disorder accelerate.

What we’re seeing in real time is a “circle the wagons” mentality of weeding out everyone but the True Believers in every movement. Litmus tests are handy for this test: answer wrong on any question and you’re cast out: heretic!

It’s not enough to tick one “progressive” or “conservative” box; you have to tick them all or you’re a heretic who cannot be trusted. If you leave one box unticked, you might untick a few more in the days ahead.

This puts pressure on everyone to declare their loyalty to the “party” even if the loyalty is just for show. This dishonesty pleases those demanding every box be ticked but this forced loyalty creates an illusion of solidarity that unravels under pressure.

Officials vie to offer pledges of loyalty to Chinese President Xi Jinping ahead of 20th Party Congress

Exacerbating this is social media, which rewards those promoting the most extreme and divisive positions and deranges the populace by substituting recognition online, which encourages disintegration, for real-world engagement, which encourages moderation and cooperation.

Online, it’s easy to be all-or-nothing: there should be no restrictions on social media, or we should just pull the plug and shut the whole mess down.

In the real world, these are knotty, nuanced problems. The Founding Fathers would not have tolerated sedition under the guise of free speech. The social order can only be maintained if every participant adheres to standards of civility and the common good.

When put under stress, humans harden their positions as a defensive measure. They become more argumentative and less tolerant, more strident in insisting that the One True Thing is the answer to our problems.

This leads to magical thinking, for example, that we can replace hydrocarbons with fusion or wind and solar. When the physical and cost limits of minerals are presented as impassable obstacles, people respond with denial: there must be a way to keep everything the same.

Humans have an easy time expanding their population and consumption per person and a hard time consuming less.

It’s very difficult to find common ground that supports cooperation in the disintegrative stage of scarcities, rising prices, catastrophically centralized power and social discord.

This requires accepting that we can cooperate with people on one issue even though all the other boxes of our group/party/movement are left unticked.

History suggests the disintegrative stage will run its course and consumption will realign with available resources one way or another, and the best we can do is preserve our own sanity, community and willingness to nurture small patches of common ground that support productive cooperation.

The Engineered Stagflationary Collapse Has Arrived – Here’s What Happens Next

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By Brandon Smith

Source: Alt-Market.us

In my 16 years as an alternative economist and political writer I have spent around half that time warning that the ultimate outcome of the Federal Reserve’s stimulus model would be a stagflationary collapse. Not a deflationary collapse, or an inflationary collapse, but a stagflationary collapse. The reasons for this were very specific – Mass debt creation was being countered with MORE debt creation while many central banks have been simultaneously devaluing their currencies through QE measures. On top of that, the US is in the unique position of relying on the world reserve status of the dollar and that status is diminishing.

It was only a matter of time before the to forces of deflation and inflation met in the middle to create stagflation. In my article ‘Infrastructure Bills Do Not Lead To Recovery, Only Increased Federal Control’, published in April of 2021, I stated that:

“Production of fiat money is not the same as real production within the economy… Trillions of dollars in public works programs might create more jobs, but it will also inflate prices as the dollar goes into decline. So, unless wages are adjusted constantly according to price increases, people will have jobs, but still won’t be able to afford a comfortable standard of living. This leads to stagflation, in which prices continue to rise while wages and consumption stagnate.

Another Catch-22 to consider is that if inflation becomes rampant, the Federal Reserve may be compelled (or claim they are compelled) to raise interest rates significantly in a short span of time. This means an immediate slowdown in the flow of overnight loans to major banks, an immediate slowdown in loans to large and small businesses, an immediate crash in credit options for consumers, and an overall crash in consumer spending. You might recognize this as the recipe that created the 1981-1982 recession, the third-worst in the 20th century.

In other words, the choice is stagflation, or deflationary depression.”

It’s clear today what the Fed has chosen. It’s important to remember that throughout 2020 and 2021 the mainstream media, the central bank and most government officials were telling the public that inflation was “transitory.” Suddenly in the past few months this has changed and now even Janet Yellen has admitted that she was “wrong” on inflation. This is a misdirection, however, because the Fed knows exactly what it is doing and always has. Yellen denied reality, but she knew she was denying reality. In other words, she was not mistaken about the economic crisis, she lied about it.

As I outlined last December in my article ‘The Fed’s Catch-22 Taper Is A Weapon, Not A Policy Error’:

‘First and foremost, no, the Fed is not motivated by profits, at least not primarily. The Fed is able to print wealth at will, they don’t care about profits – They care about power and centralization. Would they sacrifice “the golden goose” of US markets in order to gain more power and full bore globalism? Absolutely. Would central bankers sacrifice the dollar and blow up the Fed as an institution in order to force a global currency system on the masses? There is no doubt; they’ve put the US economy at risk in the past in order to get more centralization.’

The Fed has known for years that the current path would lead to inflation and then market destruction, and here’s the proof – Fed Chairman Jerome Powell actually warned about this exact outcome in October of 2012:

“I have concerns about more purchases. As others have pointed out, the dealer community is now assuming close to a $4 trillion balance sheet and purchases through the first quarter of 2014. I admit that is a much stronger reaction than I anticipated, and I am uncomfortable with it for a couple of reasons.First, the question, why stop at $4 trillion? The market in most cases will cheer us for doing more. It will never be enough for the market. Our models will always tell us that we are helping the economy, and I will probably always feel that those benefits are overestimated. And we will be able to tell ourselves that market function is not impaired and that inflation expectations are under control. What is to stop us, other than much faster economic growth, which it is probably not in our power to produce?

When it is time for us to sell, or even to stop buying, the response could be quite strong; there is every reason to expect a strong response. So there are a couple of ways to look at it. It is about $1.2 trillion in sales; you take 60 months, you get about $20 billion a month. That is a very doable thing, it sounds like, in a market where the norm by the middle of next year is $80 billion a month. Another way to look at it, though, is that it’s not so much the sale, the duration; it’s also unloading our short volatility position.”

As we all now know, the Fed waited until their balance sheet was far larger and until the economy was MUCH weaker than it was in 2012 to unleash tightening measures. They KNEW the whole time exactly what was going to happen.

It is no coincidence that the culmination of the Fed’s stimulus bonanza has arrived right after the incredible damage done to the economy and the global supply chain by the covid lockdowns. It is no coincidence that these two events work together to create the perfect stagflationary scenario. And, it’s no coincidence that the only people who benefit from these conditions are proponents of the “Great Reset” ideology at the World Economic Forum and other globalist institutions. This is an engineered collapse that has been in the works for many years.

The goal is to “reset” the world, to erase what’s left of free market systems, and to establish what they call the “Shared Economy” system. This system is one in which the people who survive the crash will be made utterly dependent on government through Universal Basic Income and one that will restrict all resource usage in the name of “carbon reduction.” According to the WEF, you will own nothing and you will like it.

The collapse is engineered to create crisis conditions so frightening that they expect the majority of the public to submit to a collectivist hive mind lifestyle with greatly reduced standards. This would be accomplished through UBI, digital currency models, carbon taxation, population reduction, rationing of all commodities and a social credit system. The goal, in other words, is complete control through technocratic authoritarianism.

All of this is dependent on the exploitation of crisis events to create fear in the population. Now that economic destabilization has arrived, what happens next? Here are my predictions…

The Fed Will Hike Interest Rates More Than Expected, But Not Enough To Stop Inflation

Today, we are witnessing the poisonous fruits of a decade-plus of massive fiat money creation and we are now at the stage where the Fed will reveal its true plan. Hiking interest rates fast, or hiking them slow. Fast hikes will mean an almost immediate crash in markets (beyond what we have already seen), slow hikes will mean a drawn out process of price inflation and general uncertainty.

I believe the Fed will hike more than expected, but not enough to actually slow inflation in necessities. There will be an overall decline in luxury items, recreation commerce and non-essentials, but most other goods will continue to climb in cost. It is to the advantage of globalists to keep the inflation train running for another year or longer.

In the end, though, the central bank WILL declare that the pace of interest rates is not enough to stop inflation and they will revert to a Volcker-like strategy, pushing rates up so high that the economy simply stops functioning altogether.

Markets Will Crash And Unemployment Will Abruptly Spike

Stock markets are utterly dependent on Fed stimulus and easy money through low interest rate loans – This is a fact. Without low rates and QE, corporations cannot engage in stock buybacks. Meaning, the tools for artificially inflating equities are disappearing. We are already seeing the effects of this now with markets dropping 20% or more.

The Fed will not capitulate. They will continue to hike regardless of the market reaction.

As far as jobs are concerned, Biden and many mainstream economists constantly applaud the low unemployment rate as proof that the American economy is “strong,” but this is an illusion. Covid stimulus measures temporarily created a dynamic in which businesses needed increased staff to deal with excess retail spending. Now, the covid checks have stopped and Americans have maxed out their credit cards. There is nothing left to keep the system afloat.

Businesses will start making large job cuts throughout the last half of 2022.

Price Controls

I have no doubt that Joe Biden and Democrats will seek to enforce price controls on many goods as inflation continues, and there will be a handful of Republicans that will support the tactic. Price controls actually lead to a reduction in supply because they remove all profits and thus all incentive for manufacturers to keep producing goods. What usually happens at that point is government steps in to nationalize manufacturing, but this will be substandard production and at a much lower yield.

In the end, supplies are reduced even further and prices go even higher on the black market because no one can get their hands on most goods anyway.

Rationing

Yes, rationing at the manufacturing and distribution level is going to happen, so be sure to buy what you need now before it does. Rationing occurs in the wake of price controls or supply chain disruptions, and usually this coincides with a government propaganda campaign against “hoarders.”

They will hold up a few exaggerated examples of people who buy truckloads of merchandise to scalp prices on the black market. Then, not long after, they will accuse preppers and anyone who bought goods BEFORE the crisis of “hoarding” simply because they planned ahead.

Rationing is not only about controlling the supply of necessities and thus controlling the population by proxy; it is also about creating an atmosphere of blame and suspicion within the public and getting them to snitch on or attack anyone that is prepared. Prepared people represent a threat to the establishment, so expect to be demonized in the media and organize with other prepared people to protect yourself.

Be Ready, It Only Gets Worse From Here On

It might sound like I am predicting success of the Great Reset program, but I actually believe the globalists will fail in the end. That’s not going to stop them from making the attempt. Also, the above scenarios are only predictions for the near term (within the next couple of years). There will be many other problems that stem from these situations.

Naturally, food riots and other mob actions will become more commonplace, perhaps not this year, but by the end of 2023 they will definitely be a problem. This will coincide with the return of political unrest in the US as leftist factions, encouraged by globalist foundations, demand more government intervention in poverty. At the same time, conservatives will demand less government interference and less tyranny.

At bottom, the people who are prepared might be called a lot of mean names, but as long as we organize and work together, we will survive. Many unprepared people will NOT survive. Understand that the economic conditions ahead of us are historically destructive; there is no way that serious consequences can be avoided for a large part of the population, if only because they refuse to listen and to take proper steps to protect themselves.

The denial is over. The crash is here. Time to take action if you have not done so already.

A Warning About The Coming Shortages Of Diesel Fuel, Diesel Exhaust Fluid And Diesel Engine Oil

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By Michael Snyder

Source: Activist Post

What I am about to share with you is a developing situation, and I hope to share more once the facts become clearer.  It appears that a very serious diesel crisis is coming in the months ahead, and that will have a dramatic impact on our economy.  As you will see below, we are being warned that there will be shortages of diesel fuel, diesel exhaust fluid and diesel engine oil.  Most diesel vehicles require all three in order to run, and so a serious shortage of any of them would be a major disaster.  Needless to say, simultaneous shortages of all three could potentially be catastrophic.  Most Americans don’t spend much time thinking about diesel, but without it our supply chains collapse and we don’t have a functioning economy.  In a recent Time Magazine article discussing the coming diesel fuel shortage, we are told that “the U.S. economy runs on diesel”…

Though most consumers shake their heads at the cost of gasoline and complain about the cost of filling up their car tanks, what they really should be worried about is the price of diesel. The U.S. economy runs on diesel. It’s what powers the container ships that bring goods from Asia and the trucks that collect goods from the ports and bring them to warehouses and then to your home. The farmers who grow the food you eat put diesel in their tractors to plow the fields, and the workers that bring construction equipment to build your home put diesel in their trucks.

Since January, supplies of diesel fuel have been steadily getting tighter.

As supplies have gotten tighter, prices have skyrocketed.  The average price of a gallon of diesel fuel hit $5.50 a gallon in early May, and it has remained above that level ever since.

One of the biggest reasons for the supply crunch is a serious lack of refining capacity.  Back in 1980, the U.S. had twice as many refineries…

There are also fewer refineries, which process crude oil into diesel and other products, in the U.S. than were just a few years ago. There are just 124 now operating, down from twice as many in 1980, and down from 139 in 2016, according to the U.S. Energy Information Association. The northeast region is particularly spare, with just seven refineries today, down from 27 in 1982.

There have already been some temporary outages of diesel fuel at a few locations around the country, and we are being warned that disruptions are likely to intensify during the summer months.

But the good news is that we aren’t going to run out of diesel fuel.  It may become a lot more expensive, and there may be painful temporary shortages, but we won’t run out of it.

Unfortunately, the crisis that we are facing with diesel exhaust fluid is potentially much more serious.

If you have just been skimming this article, this is the part where you need to start really paying attention.

Newsweek is telling us that the United States “could soon experience a severe shortage of diesel exhaust fluid”…

The U.S. could soon experience a severe shortage of diesel exhaust fluid (DEF), impacting U.S. drivers already hit with soaring fuel prices.

DEF is a solution made up of urea and de-ionized water that is needed for almost everything that runs on diesel. It reduces harmful gases being released into the atmosphere and works by converting nitrogen oxide produced by diesel engines into nitrogen and steam.

If you have a diesel vehicle that was sold in the United States after 2010, your vehicle could technically run without DEF, but in most cases your vehicle will simply not let you start it if the DEF tank is dry…

Can we call it a DEF jam? Everything is in short supply as supply chains continue to unlink. The latest commodity reportedly hit is DEF, or the blue diesel exhaust fluid that every diesel sold in the U.S. after 2010 needs to cut emissions. This means that every diesel truck, diesel RV, SUV, and car owner will likely have to look harder, and pay more for, DEF. A diesel engine can technically run without DEF, but your diesel vehicle likely won’t let you start it if the DEF tank is empty.

A lack of urea is the biggest reason for the growing shortage of DEF.

The United States is one of the largest importers of urea in the world, and Russia and China are two of the largest exporters.  In previous years that wasn’t a problem, but now the war in Ukraine has dramatically changed things…

A major portion of our urea comes from Europe, and because of the war in Ukraine we’re seeing a shortage of it, according to Newsweek. Russia is one of the world’s major exporters of it. China, too, is a major exporter of it, and it has suspended exports. Weather, too, has caused supply chain disruptions. Since it’s also a major component in fertilizers, there’s intense competition for urea.

Without enough DEF, our economy is going to be in for a world of hurt.

Meanwhile, Mike Adams is reporting on the growing shortages of diesel engine oil that are starting to happen all over the nation…

Retailers, customers and distributors are all reporting shortages in diesel engine oil. This is not an imaginary problem, it is a real problem that is so far entirely ignored by the corporate media.

Apparently there are some diesel engine oil additives that are in extremely short supply, and one industry insider is telling us that this problem isn’t going to be resolved any time soon.

So what this means is that people are going to start running out of diesel engine oil.

In fact, it is already being reported that the trains in Sri Lanka will soon have to completely shut down because of a lack of diesel engine oil…

Sri Lanka Railways said that it will NOT be possible to operate trains in the future due to the lack of engine oil. A senior official at Sri Lanka Railways said that the current level of engine oil would only last for another two months.

That’s in line with the warning we’re hearing in the states: About 8 weeks of diesel engine oil remaining in the pipeline.

Just solving one of the shortages that I have described in this article will not be enough.

As I noted in the opening paragraph, a diesel vehicle requires diesel fuel, diesel exhaust fluid and diesel engine oil in order to operate.

You need all three.

This is a story that I will be following very closely.  Needless to say, there are enormous implications for our supply chains and for our economy as a whole if solutions cannot be found.

The War in Ukraine Marks the End of the American Century. “What’s Left is a Steaming Pile of Dollar Denominated Debt”

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By Mike Whitney

Source: Global Research

“The ferocity of the confrontation in Ukraine shows that we’re talking about much more than the fate of the regime in Kiev. The architecture of the entire world order is at stake.” Sergei Naryshkin, Director of Russia’s Foreign Intelligence.

***

Here’s your ‘reserve currency’ thought for the day: Every US dollar is a check written on an account that is overdrawn by 30 trillion dollars.

It’s true. The “full faith and credit” of the US Treasury is largely a myth held together by an institutional framework that rests on a foundation of pure sand. In fact, the USD is not worth the paper it is printed on; it is an IOU flailing in an ocean of red ink.

The only thing keeping the USD from vanishing into the ether, is the trust of credulous people who continue to accept it as legal tender.

But why do people remain confident in the dollar when its flaws are known to all? After all, America’s $30 trillion National Debt is hardly a secret, nor is the additional $9 trillion that’s piled up on the Fed’s balance sheet. That is a stealth debt of which the American people are completely unaware, but they are responsible for all the same.

In order to answer that question, we need to look at how the system actually works and how the dollar is propped up by the numerous institutions that were created following WW2. These institutions provide an environment for conducting history’s longest and most flagrant swindle, the exchange of high-ticket manufactured goods, raw materials and hard-labor for slips of green paper with dead presidents on them.

One can only marvel at the genius of the elites who concocted this scam and then imposed it wholesale on the masses without a peep of protest. Of course, the system is accompanied by various enforcement mechanisms that swiftly remove anyone who tries to either break free from the dollar or, God help us, create an alternate system altogether. (Saddam Hussein and Muammar Qaddafi come to mind.) But the fact is– aside from the institutional framework and the ruthless extermination of dollar opponents– there’s no reason why humanity should remain yoked to a currency that is buried beneath a mountain of debt and whose real value is virtually unknowable.

It wasn’t always like this. There was a time when the dollar was the strongest currency in the world and deserved its spot at the top of the heap. Following WW1, the US was “the owner of the majority of the world’s gold” which was why an international delegation “decided that the world’s currencies would no longer be linked to gold but could be pegged to the U.S. dollar, “because the greenback was, itself, linked to gold.” Here’s more from an article at Investopedia:

“The arrangement came to be known as the Bretton Woods Agreement. It established the authority of central banks, which would maintain fixed exchange rates between their currencies and the dollar. In turn, the United States would redeem U.S. dollars for gold on demand….

The U.S dollar was officially crowned the world’s reserve currency and was backed by the world’s largest gold reserves thanks to the Bretton Woods Agreement. Instead of gold reserves, other countries accumulated reserves of U.S. dollars. Needing a place to store their dollars, countries began buying U.S. Treasury securities, which they considered to be a safe store of money.

The demand for Treasury securities, coupled with the deficit spending needed to finance the Vietnam War and the Great Society domestic programs, caused the United States to flood the market with paper money….

The demand for gold was such that President Richard Nixon was forced to intervene and de-link the dollar from gold, which led to the floating exchange rates that exist today. Although there have been periods of stagflation, which is defined as high inflation and high unemployment, the U.S. dollar has remained the world’s reserve currency.” (“How the U.S. Dollar Became the World’s Reserve Currency”, Investopedia)

But now the gold is gone and what’s left is a steaming pile of debt. So, how on earth has the dollar managed to preserve its status as the world’s preeminent currency?

Proponents of the dollar system, will tell you it has something to do with “the size and strength of the U.S. economy and the dominance of the U.S. financial markets.” But that’s nonsense.

The truth is, reserve currency status has nothing to do with “the size and strength” of America’s post-industrial, service-oriented, bubble-driven, third-world-sh**hole economy. Nor does it have anything to do with the alleged safety of US Treasuries” which– next to the dollar– is the biggest Ponzi flim-flam of all time.

The real reason the dollar has remained the world’s premier currency is because of the cartelization of Central Banking.

The Western Central Banks are a de facto monopoly run by a small cabal of inter-breeding bottom-feeders who coordinate and collude on monetary policy in order to preserve their maniacal death-grip on the financial markets and the global economy. It’s a Monetary Mafia and– as George Carlin famously said: “You and I are not in it. You and I are not in the big club.” Bottom line: It is the relentless manipulation of interest rates, forward guidance and Quantitative Easing (QE) that has kept the dollar in its lofty but undeserved spot.

But all that is about to change due entirely to Biden’s reckless foreign policy which is forcing critical players in the global economy to create their own rival system. This is a real tragedy for the West that has enjoyed a century of nonstop wealth extraction from the developing world.

Now– due to the economic sanctions on Russia– an entirely new order is emerging in which the dollar will be substituted for national currencies (processed through an independent financial settlement system) in bilateral trade deals until– later this year– Russia launches an exchange-traded commodities-backed currency that will be used by trading partners in Asia and Africa.

Washington’s theft of Russia’s foreign reserves in April turbo-charged the current process which was further accelerated by banning of Russia from foreign markets. In short, US economic sanctions and boycotts have expanded the non-dollar zone by many orders of magnitude and forced the creation of a new monetary order.

How dumb is that? For decades the US has been running a scam in which it exchanges its fishwrap currency for things of genuine value. (oil, manufactured goods and labor) But now the Biden troupe has scrapped that system altogether and divided the world into warring camps.

But, why?

To punish Russia, is that it?

Yes, that’s it.

But, if that’s the case, then shouldn’t we try to figure out whether the sanctions actually work or not before we recklessly change the system?

Too late for that. The war on Russia has begun and the early results are already pouring in. Just look at the way we’ve destroyed Russia’s currency, the ruble. It’s shocking! Here’s the scoop from an article at CBS:

“The Russian ruble is the best-performing currency in the world this year….

Two months after the ruble’s value fell to less than a U.S. penny amid the swiftest, toughest economic sanctions in modern history, Russia’s currency has mounted a stunning turnaround. The ruble has jumped 40% against the dollar since January.

Normally, a country facing international sanctions and a major military conflict would see investors fleeing and a steady outflow of capital, causing its currency to drop….

The ruble’s resiliency means that Russia is partly insulated from the punishing economic penalties imposed by Western nations after its invasion of Ukraine…” (“Russia’s ruble is the strongest currency in the world this year“, CBS News)

Huh? You mean the attack on the ruble didn’t work after all?

Sure looks that way. But that doesn’t mean the sanctions are a failure. Oh, no. Just at look at the effect they’ve had on Russian commodities. Export receipts are way-down, right? Here’s more from CBS:

“Commodity prices are currently sky-high, and even though there is a drop in the volume of Russian exports due to embargoes and sanctioning, the increase in commodity prices more than compensates for these drops,” said Tatiana Orlova, lead emerging markets economist at Oxford Economics.

Russia is pulling in nearly $20 billion a month from energy exports. Since the end of March, many foreign buyers have complied with a demand to pay for energy in rubles, pushing up the currency’s value.” (“Russia’s ruble is the strongest currency in the world this year“, CBS News)

You’re kidding me? You mean the ruble is surging and Putin is raking in more dough on commodities than ever before?

Yep, and it’s the same deal with Russia’s trade surplus. Take a look at this excerpt from an article in The Economist:

“Russia’s exports… have held up surprisingly well, including those directed to the West. Sanctions permit the sale of oil and gas to most of the world to continue uninterrupted. And a spike in energy prices has boosted revenues further.

As a result, analysts expect Russia’s trade surplus to hit record highs in the coming months. The IIF reckons that in 2022 the current-account surplus, which includes trade and some financial flows, could come in at $250bn (15% of last year’s GDP), more than double the $120bn recorded in 2021. That sanctions have boosted Russia’s trade surplus, and thus helped finance the war, is disappointing, says Mr Vistesen. Ms Ribakova reckons that the efficacy of financial sanctions may have reached its limits. A decision to tighten trade sanctions must come next.

But such measures could take time to take effect. Even if the EU enacts its proposal to ban Russian oil, the embargo would be phased in so slowly that the bloc’s oil imports from Russia would fall by just 19% this year, says Liam Peach of Capital Economics, a consultancy. The full impact of these sanctions would be felt only at the start of 2023—by which point Mr Putin will have amassed billions to fund his war.” ( “Russia is on track for a record trade surplus”, The Economist)

Let me get this straight: The sanctions are actually hurting the US and helping Russia, so the experts think we should impose more sanctions? Is that it?

Precisely. Now that we have shot ourselves in the foot, the experts think it would be wise to shoot the other one too.

Am I the only one who is struck by the insanity of this policy? Check out this clip from an article at RT:

“Russia could earn a record $100 billion from gas sales to European countries in 2022 due to the sharp rise in energy prices, French newspaper Les Echos reported this week, citing Citibank analysts.

According to the paper, the projected income from gas sales will be almost twice as much as last year. The analysis does not take into account profits from the sale of other Russian commodities, such as oil, coal, and other minerals.

Les Echos reports that, despite sanctions and warnings of a sweeping embargo on Russian energy, the 27 EU countries continue to send roughly $200 million per day to Gazprom.”(“Russian gas revenues projected to hit new highs”, RT)

So the revenues from gas and oil sales are literally flooding Moscow’s coffers like never before. Meanwhile, energy prices in the EU and America have skyrocketed to 40-year highs.

Can you see how counterproductive this policy is?

The EU is sinking into recession, supply lines have been severely disrupted, food shortages are steadily emerging, and gas and oil prices are through-the-roof. By every objective standard, the sanctions have not only failed, but backfired spectacularly. Can’t the Biden people see the damage they’re doing? Are they completely divorced from reality?

Imagine if the Ukrainians use Biden’s new artillery battery (HIMARS) to shell cities in Russia? Then what?

Then Putin takes off the gloves and shuts off the flow of hydrocarbons to Europe immediately. That’s what’s going to happen if Washington continues to escalate. You can bet on it. If Russia’s “Special Military Operation” suddenly becomes a war, the lights across Europe will go dark, homes will begin to freeze, factories will go silent, and the continent will slide headlong into a protracted and painful depression.

Does anyone in Washington think about these things or are they all so drunk on their own press clippings they’ve completely lost touch with reality?

Here’s more from an article at RT:

“Even as the collective West continues to insist – against all observable reality – that the conflict in Ukraine is going well for Kiev, major media outlets are becoming increasingly uneasy with the situation on the economic front. More and more observers are admitting that the embargoes imposed by the US and its allies aren’t crushing the Russian economy, as originally intended, but rather their own.…

“Russia is winning the economic war,” the Guardian’s economics editor Larry Elliott declared on Thursday. “It is now three months since the west launched its economic war against Russia, and it is not going according to plan. On the contrary, things are going very badly indeed,” he wrote…

In a May 30 essay, Guardian columnist Simon Jenkins also said that the embargo had failed…

As Jenkins points out, the sanctions have actually raised the price of Russian exports such as oil and grain – thus enriching, rather than impoverishing, Moscow while leaving Europeans short of gas and Africans running out of food.” (“As sanctions fail to work and Russia’s advance continues, Western media changes its tune on Ukraine”, RT)

Did you catch that part about “Russia winning the economic war”? What do you think that means in practical terms?

Does it mean that Washington’s failed attempt to maintain its global hegemony by “weakening” Russia is actually putting enormous strains on the Transatlantic Alliance and NATO that will trigger a re-calibration of relations leading to a defiant rejection of the “rules-based system.”

Is that what it means? Is Europe going to split with Washington and leave America to sink beneath its $30 trillion ocean of red ink?

Yes, that’s exactly what it means.

Uncle Sam’s 30 Year Bender

Proponents of Washington’s proxy-war have no idea of the magnitude of their mistake or how much damage they are inflicting on their own country. The Ukraine debacle is the culmination of 30 years of bloody interventions that have brought us to a tipping point where the nation’s fortunes are about to take a dramatic turn-for-the-worse. As the dollar-zone shrinks, standards of living will plunge, unemployment will soar, and the economy will go into a downward-death spiral.

Washington has greatly underestimated its vulnerability to catastrophic geopolitical blowback that is about to bring the New American Century to a swift and excruciating end.

A wise leader would do everything in his power to pull us back from the brink.

The Worst Economic Gloom In 50 Years

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By Michael Snyder

Source: Activist Post

We haven’t seen anything like this in decades.  Energy prices are soaring to unprecedented heights.  Food shortages in some parts of the world are starting to become quite severe.  Rampant inflation is out of control all over the globe.  Meanwhile, economic activity is slowing down everywhere that you look.  Some are comparing this current crisis to the “stagflation” of the 1970s, but I believe that is a far too optimistic assessment.  Just about everyone can see that economic conditions are rapidly deteriorating, and there is a tremendous amount of alarm about what the months ahead will bring.

According to a brand new Wall Street Journal-NORC survey that was just released, the percentage of Americans that believe that the state of the U.S. economy is “poor or not so good” is 83 times larger than the percentage of Americans who believe that the state of the U.S. economy is “excellent”…

A severe pessimism grips the U.S. economy and Americans report the highest level of dissatisfaction with their financial situation in at least half a century, poll results released Monday show.

Eighty-three percent of Americans describe the state of the economy as poor or not so good, according to a Wall Street Journal-NORC Poll. Only one percent describe the economy as “excellent.”

I would like to talk to someone from the one percent of Americans who still believe that the U.S. economy is in “excellent shape”.

To me, it is always fascinating to find someone who can completely deny reality even when all of the evidence points in the other direction.

The same survey found that the percentage of Americans who are “not at all satisfied with their financial condition” is the highest in at least 50 years…

Thirty-five percent said they are not at all satisfied with their financial condition, the highest level of dissatisfaction since NORC began asking the question every few years starting in 1972.

Sixty-three percent of Americans say they are extremely or very concerned about the price of gas. Fifty-four percent say they are extremely or very concerned about the impact of high grocery prices on their household’s financial situation. Just 13 percent say they not very or not at all concerned about gas prices and 19 percent about grocery prices.

In other words, this is the gloomiest that Americans have been about their own personal finances in at least five decades.

Wow.

One of the big reasons why people feel this way is because the price of just about everything is going up.

In particular, the price of gasoline has been making national headlines just about every day.  On Tuesday, it set another brand new record…

The national average price of gas is now $4.955, reflecting an over three-cent jump overnight, 28-cent rise in the last week, and nearly 64-cent rise in the last month. Diesel also hit another record on Tuesday, reaching $5.719.

Currently, 16 states are experiencing an average price of gas of $5.00 or more. That includes Maine ($5.023), Massachusetts ($5.21), New Jersey ($5.032), Pennsylvania ($5.031), Michigan ($5.214), Ohio ($5.061), Indiana ($5.234), Illinois ($5.532), Idaho ($5.025), Alaska ($5.469), Hawaii ($5.493), Washington ($5.489), Oregon ($5.485), Nevada ($5.564), Arizona ($5.181), and California ($6.390). California’s Mono County appears to be reporting the highest gas price average in the Golden State — $7.213.

Unfortunately, there is a growing consensus among the experts that this is just the beginning.  Here is one example…

With the summer travel season just getting underway, demand for gasoline, coupled with the cut-off of Russian oil shipments due to the war in Ukraine, is sending oil prices higher on global markets.

The national average for gasoline could be close to $6 by later this summer according to Tom Kloza, global head of energy analysis for the OPIS, which tracks gas prices for AAA.

And here is another example…

GasBuddy head of petroleum analysis Patrick De Haan provided insight into record-high gas prices, warning on Wednesday that “we’re going to be swimming in these high prices for a while.”

Speaking on “Varney & Co.” on Wednesday, De Haan also revealed his forecasts for how high prices at the pump will climb, arguing that they could reach a national average of $6 a gallon in the coming months, but “what seems like more of a guarantee is that $5 mark.”

Others are even more pessimistic.  In fact, the head of commodity trading giant Trafigura just warned that the price of oil could actually make a “parabolic ” move in the months ahead.

Needless to say, energy prices have a domino effect throughout the entire economy.  When commentator Anthony B. Sanders contacted moving companies about his coming move out of state, he could hardly believe the quotes that he was given…

As I line up my move from Fairfax VA to Columbus OH, I am getting a variety of quotes from moving companies. And wow! The cost of moving using a national moving company for a 4 bedroom house is $15,000 to $20,500. That includes International, North American and Bekins.

One of the reasons for the high cost of moving is the massive increase in diesel fuel used for trucking. Diesel fuel under Biden has risen 117%. And since it was revealed that natural gas often is used for electric charging stations, and NATGAS is up 281% under Biden (but there aren’t many electric moving trucks yet).

Could you imagine paying $20,000 to move from Virginia to Ohio?

In the old days, you could purchase your own new vehicle for that much money.

In this crazy environment, some companies are attempting to hide inflation by shrinking their package sizes…

“Joining the parade of downsized products is cereal stalwart Honey Bunches of Oats, which has seen the weight of its standard box, previously 14.5 ounces, lessen to 12 ounces — a reduction of roughly 17 percent,” the U.K. paper said.

Angel Soft toilet paper has also reduced its size from 425 sheets per roll to 320, while Bounty paper towels have cut their rolls from 165 sheets per roll to 147 late last year. Gatorade also cut its bottle size from 32 ounces to 28 ounces.

Do they actually believe that we will not notice that the packages have changed?

And this isn’t just happening here in the United States.  At this point, this is taking place all over the globe…

In the U.S., a small box of Kleenex now has 60 tissues; a few months ago, it had 65. Chobani Flips yogurts have shrunk from 5.3 ounces to 4.5 ounces. In the U.K., Nestle slimmed down its Nescafe Azera Americano coffee tins from 100 grams to 90 grams. In India, a bar of Vim dish soap has shrunk from 155 grams to 135 grams.

Our standard of living is falling with each passing day, and that process is only going to accelerate during the second half of this year.

In a desperate attempt to keep living the way that they always have, many Americans are turning to their credit cards at an alarming rate.

Needless to say, that is only a short-term solution.

And at the same time, overall economic activity continues to slow down…

A closely followed measurement from the Atlanta Federal Reserve Bank suggests the economy could be headed for a second-quarter decline in gross domestic product, the broadest measure of goods and services produced in a country. The GDPNow tracker shows the economy grew at an annualized pace of just 0.9% in the spring, a steep decline from its previous estimate of 1.3% on June 1.

If U.S. GDP is actually negative for the second quarter, that will be two quarters in a row, and that will mean that we are officially in a recession right now.

But what we are heading into in 2023 and beyond is not going to be just a “recession”.

Ultimately, we are heading into the sort of “nightmare scenario” that I have warned about for years.

It took decades of very foolish decisions for us to reach this point, and our leaders in Washington continue to make very foolish decisions.

So the truth is that there are no long-term solutions in sight.

Only pain.

So if the American people are this upset about the economy now, how will they be feeling six months down the road?

The REAL agenda behind the created food crisis

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The created food crisis, whether real or a smoke-and-mirrors psy-op, is all about tearing down the global food system and “building back better” – a new dystopian food system built by corporate monoliths and rigidly controlled in the name of the greater good.

By Kit Knightly

Source: Off-Guardian

We’re in the early stages of a food crisis.

The press has been predicting this for years, but  up until now it always appeared to be nothing more than fearmongering, designed to worry or distract people, but the signs are there that this time, to quote Joe Biden, it “is going to be real”.

Nobody knows how bad it could get, except the people who are creating it.

Because the evidence is pretty clear, it is being deliberately & cold-bloodedly created. We’ve been documenting it for months.

We have Russia’s “special operation” in Ukraine driving up the price of staple foods, wheat and sunflower oil, as well as fertiliser.

We have the sudden “bird flu outbreak” driving up the price of poultry and eggs.

The soaring price of oil is driving up the cost of food distribution.

The inflation caused by huge influxes of fiat currency means families are spending more money on less food.

And as all this is happening, the US and UK (and maybe others, we don’t know) are literally paying farmers not to farm.

It’s pretty clear this is The Great Reset: Food Edition. The lockdown melody with slightly different lyrics. A process of breaking down the structures already in place so we can “build back better” with a more controlled and more corporatised food system

Just as the Covid “pandemic” was said to highlight “weaknesses in the multilateral system”, so this food crisis will show that our “unstable food systems are in need of reform” and we need to ensure our “food security”…or a thousand variations on that theme.

That’s not supposition. They already started, over a year ago.

The Journal of Agriculture, Food Systems & Community Developments published a paper in February 2021 titled:

Dismantling and rebuilding the food system after COVID-19: Ten principles for redistribution and regeneration

In an interview from July last year, Ruth Richardson the Executive Director of the NGO Global Alliance for the Future of Food literally said:

Our Dominant Food System Needs to Be Dismantled and Rebuilt”

Later, in September 2021, the UN convened the first-ever “Food Systems Summit”, whose mission statement included the line:

Rebuilding the food systems of the world will also enable us to answer the UN Secretary-General’s call to “build back better” from COVID-19.

Writing in the Guardian two weeks ago, George Monbiot, weathervane for every deep state agenda, states with his trademark lack of subtlety:

The banks collapsed in 2008 – and our food system is about to do the same…The system has to change.

But what does “change” and “rebuilt” actually mean in this context?

Well, that’s no mystery, they’ve been talking it up for years.

Almost all of these are stories from just the past month or so, many of them talking points at the World Economic Forum’s Davos Conference.

As is almost always the case, the problem to which they’re currently “reacting” already has a series of pre-ordained solutions.

Just as we saw lockdowns break the economy to pieces whilst the billionaire class land record profits whilst corporate megaliths expanded their monopolies, so too will any proposed food security policies end up benefiting the already mega-rich or installing infrastructure for corporate control.

They just announced the building of the largest “cultured meat factory” in the world. Fake meat, of course, can’t be raised at home and is subject to patented processes of creation. Genetically edited or modified plants and animals are likewise subject to patents.

Supranational companies, with profits larger than the budget of some nations, are developing carbon footprint tracker apps which reward people for making the “right decisions”. That could easily be applied to food.

Bill Gates has quietly become the largest owner of agricultural land in the United States. Land on which he can grow new Frankencrops, or which the US government will pay him not to use.

The play is clear: Right now they’re getting ready to tear all our old food systems down, with the stated aim of building them back better.

But better for them, not us.

Livelihoods in a Degrowth Economy

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By Charles Hugh Smith

Source: Of Two Minds

Let’s consider livelihood options in an unsustainable economy of extremes that are unraveling, an economy that is being forced to transition to Degrowth.

Nassim Taleb’s book Antifragile explains the differences between fragile systems (systems that cannot survive instability), resilient systems (systems that can survive instability and stay the same) and antifragile systems (systems that adapt and emerge stronger).

The ideal way of life is antifragile: resilient enough to survive adversity and adaptable enough to evolve solutions to whatever comes our way.

The key antifragile traits are adaptability and rapid, flexible evolution. Adversity puts selective pressure on organisms: only those organisms which adapt successfully survive.

The more antifragile our livelihood and way of life, the better prepared we will be to recognize and pursue opportunities.

An unsustainable, unstable economy puts a great deal of pressure on its participants. Only those with the skills and agency to move, adapt and experiment will emerge stronger.

Adaptability requires agency. Those without much control are stuck with the consequences of others’ decisions and actions.

In my experience, self-reliance is integral to an antifragile way of life.Self-reliance and self-sufficiency are similar but not identical.

Self-sufficiency means reducing our dependence on resources provided by others: growing our own food, doing our own repairs, etc. Self-sufficiency can also be understood as shortening dependency chains.

Compare being dependent on food shipped thousands of miles to relying mostly on food grown within 50 miles of home. There are so many ways long supply chains can break down because the entire system breaks down if even one link in the dependency chain breaks.

Total self-sufficiency isn’t practical. We all rely on industrial production of metals, tools, plastics, fertilizers, etc. But reducing our dependence on systems that are fragile by consuming less and wasting nothing increases our antifragility.

Self-reliance is being able to take care of oneself, being independent in thought and action, and maintaining control of decision-making–what I’ve been calling agency.

Self-reliance means being able to go against the crowd. This requires independence and confidence in one’s inner compass.

Being able to take care of oneself means drawing upon inner resources, being able to identify the essentials of a situation and coming up with solutions that are within reach.

Since households with multiple incomes are far more resilient than households with all their eggs in one basket, our goal is to develop income streams that we control. The ownership is more important than the scale of the income. A modest income we control is far more antifragile than a larger income we have little control over.

Developing income streams is easier if we approach the task with an entrepreneurial mindset.

This mindset looks at work in terms of markets, unmet demand, pricing power, networks of trustworthy peers, trial and error (experiments), optimizing new skills, seeking mentors, learning to make clear-eyed assessments of what’s working and what isn’t, and then acting decisively on the conclusions.

All these skills can be developed. They are very useful in navigating unstable conditions because they prepare us to act decisively rather than passively await others to decide what happens to us.

Some skills can be applied to virtually every field: project management, bookkeeping, working well with others, computer skills and communicating clearly. Being a fast learner is valuable in every field.

In my books and blog posts, I’ve covered the difference between tradable work–work that can be done anywhere–and untradable work, work that can only be done locally. Having skills that are untradable is advantageous, as the competition is local rather than global.

Skills that can’t be automated are also advantageous. Robots are optimized for repetitive tasks and factory / warehouse floors with sensors. They are not optimized for tasks that must be figured out on the fly and that require multiple skills.

Who fixes the robot when it fails out in the field? Another robot? Who replaces the dead battery in the drone? Another drone? The point is there are real-world limits on robotics, artificial intelligence, machine learning and automation that proponents gloss over or ignore.

Those with multiple skills who can problem-solve on the fly will continue to be valuable.

The models of work are changing, and this offers a wider range of options which is especially valuable to those emerging from burnout.

Combining various kinds and modes of work is called hybrid work. This could be mixing work from home (remote work) with occasional visits to an office, or it could be mixing a part-time job with self-employment.

I’ve written about one example in Japan called Half Farmer, Half X, where young urban knowledge workers move to the countryside to pursue small-scale farming while keeping a part-time, high-pay tech job they do online. Since the cost of living is so much lower in the countryside, these hybrid workers don’t need to work many hours remotely to cover their expenses, nor do they need their small-scale farming to be highly profitable.

Not all work is paid. Indeed, only a slice of human work globally is paid. The work that gives us the greatest fulfillment may well be unpaid or poorly paid. We may have to do some work to pay the bills while looking forward to the work we do that doesn’t earn much money.

Personally, I have always been drawn to both knowledge work and hands-on work. I worked my way through my university with a part-time job in construction. This was the ideal mix for my enthusiasms. Whenever I’ve been limited to one or the other, I feel dissatisfied. For me, hybrid work means having both knowledge work and hands-on physical labor, and having control of both.

Many people believe they need additional credentials to expand their opportunities. The alternative is to accredit yourself.

Since I’m enthusiastic about working with fruit trees and vegetable gardens, let’s say I decide to offer my services to potential customers.

One avenue is to spend money and time to get a certificate in horticulture. Alternatively, I could take photos of my own yard to document the trees I planted and how fast they’ve grown under my care. In other words, I could accredit myself, providing direct evidence of my skills and experience.

Employers have learned that completing a credential doesn’t mean the graduate will be productive. The diploma doesn’t prove the graduate learned much or has what it takes to work well with others.

The diploma actually tells us very little about the graduate. We learn much more from someone who accredits themselves by documenting projects they’ve completed.

The only real source of prosperity is improving productivity: doing more with fewer resources and labor. Economists expected the adoption of computers and the Internet to boost productivity. Instead, productivity gains have been extremely modest, 1% or 2% per year, far lower than the 10% annual gains achieved during industrialization.

This productivity paradox has puzzled economists for decades. One reason why the productivity of knowledge work ((white-collar work) has barely improved when compared to factory productivity (blue-collar work) is the methodical optimization of tasks is more difficult to apply to knowledge work. Much of this work is done by rule of thumb and what was passed down by senior workers.

There are a number of reasons for this. One is it’s easier to study the assembly of products than it is to break down the production of services.

Another is that many fields of knowledge work are so new that it’s difficult to optimize tasks because they’re constantly changing.

A third factor is that we’ve been wealthy enough to waste labor and capital on unproductive bureaucratic friction. Just as we waste water when it’s abundant and free, we also waste energy and money when they’re abundant.

In Global Crisis, National Renewal I describe the changes in the process of obtaining a building permit in the past 40 years.

In the early 1980s, I could submit a set of plans for a modest house in the morning and pick up the approved plans and building permit that afternoon. Now the process takes many months, even though the house being built hasn’t changed much at all. What changed was the permit approval process became terribly inefficient.

Since there’s few incentives to improve efficiencies in bureaucracies, it now takes a decade or longer to approve a bridge or landfill While the number of professors and doctors has increased modestly, the number of university and hospital administrators has soared.

Now that energy will no longer be cheap over the long term, incentives to improve the productivity of knowledge work will increase.

Unsustainable economies are prone to sudden changes in finance and the availability of essentials. We’re accustomed to predictable stability, and so few are prepared to respond effectively to instability.

If our lives only work when things are stable, our way of life is fragile. Recall Sun Tzu’s advice: “If a battle cannot be won, do not fight it.” If we’re only prepared for everything to stay the same, we’re fighting a battle we can’t win. We want to be prepared for sudden changes and scarcities by planning ahead and being flexible, nimble and responsive.

One facet of being antifragile is having a buffer or cushion against sudden shocks. In a 2018 interview, Nassim Taleb said, “Money can’t buy happiness, but the absence of money can cause unhappiness. Money buys freedom… to choose what you want to do professionally.”

Taleb went on to note that it takes great discipline to keep enough money stashed to give us the freedom to maintain our agency when faced with adversity. Self-reliance requires a buffer so we have time to figure out solutions and the means to pursue them.

In my experience, our willingness to consider all options, our ability to make careful decisions and take decisive action are just as important as a cushion of cash. Cash widens our options, but if we’re frozen by inexperience and fear then our options are severely limited.

The wider our range of skills, the greater our opportunities to add value. The basic needs of human life must be met and so those who can meet those needs will always be valued. This range of skills is also a buffer because it gives us more options in adversity.

How much money do we need as a cushion? The less we need, the lighter our expenses and the more options we have. If we need $10,000 a month just to pay our basic expenses, that demands a large cushion. If we’ve simplified and downsized our way of life so $1,000 a month is enough to keep us going, our cushion can be much smaller.

In other words, frugality, self-reliance and simplicity are key parts of antifragility, for they lower the cost of freedom. Money can lose its value in crisis, but our buffer of skills and self-reliance cannot be taken from us or devalued by a global crisis.

One final consideration is timing. The sooner we start preparing for degrowth, the better off we’ll be. A Chinese proverb captures this succinctly: By the time you’re thirsty, it’s too late to dig a well.