"Experts Are Warning That Empty Shelves And Food Shortages Are Going To Continue For Many Weeks To Come"

"Experts Are Warning That Empty Shelves And Food

Shortages Are Going To Continue For Many Weeks To Come"

by Michael Snyder

"The term “return to normal” is being thrown around a lot these days, but will things ever truly return to the way that they were before the pandemic came along? I don’t think so. From an economic standpoint, an extraordinary amount of lasting damage has been done over the past two years. A seemingly endless list of major problems has thrown thousands upon thousands of critical supply chains into a complete and utter state of chaos, and this has resulted in some very painful shortages. For quite a while, the mainstream media kept insisting that the shortages would soon be gone, but now they are being forced to admit the truth. If you can believe it, NPR has even published a major story about the growing shortages in this country…

No, you’re not imagining it. Some grocery store shelves are bare again, conjuring bad memories of spring 2020 for many. Social media is rife with images of empty supermarket aisles and signs explaining the lack of available food and other items. Stores such as Aldi have apologized to customers for the shortages. Nobody in the mainstream media ever imagined that the shortages would last this long.

For certain items such as computer chips, the duration of the shortages is now approaching two full years. Of course fear of Omicron has made things even worse, and one expert interviewed by NPR suggested that supermarkets in the U.S. are now facing a “perfect storm”… “We’re really seeing the perfect storm,” Phil Lempert, editor of the website SupermarketGuru.com, told NPR."

Isn’t it strange how that term just seems to keep popping up all over the place? One of the major issues that supermarkets on the east coast are currently facing is greatly increased shipping costs.

Many Americans don’t realize this, but much of the fresh produce that we enjoy is actually grown in a handful of western states. In fact, “99 percent of walnuts, 97 percent of kiwis, 97 percent of plums, 95 percent of celery, 95 percent of garlic, 89 percent of cauliflower, 71 percent of spinach, and 69 percent of carrots” grown in the United States come from the state of California. To get all of that produce to stores in the east has always been a major production, but today it has also become exceedingly expensive…

Growers of perishable produce across the West Coast are paying nearly triple pre-pandemic trucking rates to ship things like lettuce and berries before they spoil. Shay Myers, CEO of Owyhee Produce, which grows onions, watermelons and asparagus along the border of Idaho and Oregon, said he has been holding off shipping onions to retail distributors until freight costs go down.

Myers said transportation disruptions in the last three weeks, caused by a lack of truck drivers and recent highway-blocking storms, have led to a doubling of freight costs for fruit and vegetable producers, on top of already-elevated pandemic prices. “We typically will ship, East Coast to West Coast – we used to do it for about $7,000,” he said. “Today it’s somewhere between $18,000 and $22,000.”

Unfortunately, the issues that are plaguing the industry are not going to be cleared up any time soon. According to the CEO of Conagra Brands, supply chain issues will continue to be a huge headache for his company for at least the next month… "Birds Eye frozen vegetables maker Conagra Brands’ CEO Sean Connolly told investors last week that supplies from its U.S. plants could be constrained for at least the next month due to Omicron-related absences."

And the CEO of Albertson’s is anticipating continued supply chain woes “over the next four to six weeks”… "Vivek Sankaran, CEO of the grocery store chain Albertson’s, said in an earnings call that the company had been hoping to recover from recent supply issues but omicron “put a dent in that.” “There are more supply challenges, and we would expect more supply challenges over the next four to six weeks,” Sankaran said on Tuesday."

Of course these corporate leaders are anticipating that the Omicron wave will eventually fade and operations will start getting back to normal as warmer weather comes along. But in order to do that, they are going to have to find a lot more workers from somewhere. According to another industry expert, the consumer-packaged goods industry in the United States “is missing around 120,000 workers” right now… "The situation is not expected to abate for at least a few more weeks, Katie Denis, vice president of communications and research at the Consumer Brands Association said, blaming the shortages on a scarcity of labor.

The consumer-packaged goods industry is missing around 120,000 workers out of which only 1,500 jobs were added last month, she said, while the National Grocer’s Association said that many of its grocery store members were operating with less than 50% of their workforce capacity."

So where are they going to find enough people to restore service to normal levels? They can’t exactly resurrect those that have died over the past year. Now that millions of workers have seemingly “disappeared” from the system, companies all over America are fiercely competing with one another for anyone that still has a pulse and is available.

So if the food industry wants to hire thousands upon thousands of new workers, they are going to have to radically raise wages. And if they do that, we will be paying even more to fill up our carts at the grocery store. Today, a full shopping cart full of food can run more than 300 dollars in many areas. Will that figure soon reach 400 or 500 dollars?

And what happens if our supply chain problems persist for many months to come like analysts at Deutsche Bank are now projecting… ‘For 2022, we expect supply pressures to likely linger for longer, perhaps until the second half of next year before gradually unwinding,’ Deutsche Bank analysts wrote in a note last Tuesday.

But just like everyone else, the analysts at Deutsche Bank are also assuming that conditions will “return to normal” eventually. It would be really nice if that actually happened, but as Wolf Richter has pointed out, grocery stores have desperately been trying to “return to normal” for 20 months… "Grocery stores have been trying to stock up for 20 months now, to fill the holes and catch up with this historic surge in demand, but every time they make a little headway, new constraints and problems emerge, and they still don’t have enough inventory on hand to get over the hump, and they temporarily and sporadically run out of some items."

The elephant in the room that nobody really wants to talk about is the fact that our supply chains will never fully return to the way they were in 2019. Too much has changed. Yes, there will be a lot of ups and downs, but I actually believe that many of the problems that we are facing today will actually grow over time.

It took decades of incredibly bad decisions to get us to this point, and the gross incompetence being displayed by our leaders in Washington does not give me confidence that things will turn around any time soon. The years ahead are not going to be pretty, and I would advise you to prepare accordingly."

- https://www.investmentwatchblog.com/

"Beware: It’s Getting Worse!"

Full screen recommended.

Get Ready Stay Ready, AM 1/18/22:

"Beware: It’s Getting Worse!"

"Shortages in food and labor are getting worse."

"Your City Could Look Just Like Los Angeles Soon - Economic Nightmare"

Full screen recommended.

Dan, iAllegedly AM 1/18/22:

"Your City Could Look Just Like Los Angeles Soon - 

Economic Nightmare"

"Los Angeles is coming to a city near you. This place gets worse every time I visit. There is so much retail closures and homelessness. The Los Angeles economy is getting destroyed."

Gregory Mannarino, "Risk In The Market Rising; Stocks Set To Fall At The Open. Crude Ripping Higher"

Gregory Mannarino, AM 1/18/22:

"Risk In The Market Rising; 

Stocks Set To Fall At The Open. Crude Ripping Higher"

- https://traderschoice.net/

"Walmart Warning Sign More Shortages; Food Prices Surging; Hard Times Are Here"

Full screen recommended.

Jeremiah Babe, PM 1/17/22:

"Walmart Warning Sign More Shortages; 

Food Prices Surging; Hard Times Are Here"

"Stores Not Being Restocked! No Deliveries"

Full screen recommended.

Tommy Bites Homestead, PM 1/17/22:

"Stores Not Being Restocked! No Deliveries"

"Michael Burry: Greatest Stock Market Crash Of Our Time Is Coming!"

Full screen recommended.

"Michael Burry: Greatest Stock Market 

Crash Of Our Time Is Coming!"

by Epic Economist

"Experts and insiders are getting really spooked about the imminent threats on Wall Street and have been bracing for a devastating stock market crash as financial and economic conditions dramatically worsen. Several veteran investors are warning that the rampant speculation fueled by the US government and the Federal Reserve can not sustain asset prices forever, and a significant pullback is right ahead.

Amongst them, Scion Asset Management CEO and Big Short investor, Michael Burry, seems to be right about an impending financial disaster once again. The hedge fund manager, who famously bet against the country’s housing market in 2008, highlighted in a recent statement that the bond and stock markets are in a particularly vulnerable position given that they need the constant support of the corrupt US central bank. “Bond & stock markets depend on a Fed stripped of all credibility,” he said.

Burry, had warned at the end of 2020 that the central bank’s policies would spark inflation as we’ve never seen before. "Prepare for inflation," he tweeted back then. He even noted that we were heading to an environment of hyperinflation similar to what occurred in Germany in the 1920s, outlining that during that time everyone was playing the market and trading volumes were skyrocketing. "Sound familiar?" he asked. Well, if it didn’t in 2020, it certainly does now. That’s to say, with inflation rising almost 7%, the outlook is particularly concerning for volatile stocks such as tech.

That’s why the investor revealed that he had bet against Elon Musk's Tesla and Cathie Wood's Ark Invest, two investor favorites leading the tech bubble. It turns out that both of them have faced sizable crashes at the end of December and earlier this month as the tech bubble finally burst. One more hit for Burry’s count. The Scion boss revealed it held bearish put options on about 1.1 million Tesla shares. It also disclosed puts on Cathie Wood's Ark Innovation ETF, a key Tesla supporter. The experts rang the alarm again in a series of tweets: “Can $TSLA fall 80, 90%? After 2000, many high flyers did," he wrote.

Tesla has already lost billions after CEO Elon Musk started dumping shares of his own company to allegedly ‘pay for taxes,’ which according to Burry, is just a strategy to cash in money before a steeper decline in share prices. He said Musk was selling shares because he knew the electric-vehicle stock was extremely overvalued. But at the end of the day, "he doesn't need cash. He just wants to sell $TSLA," Burry added.

The market veteran has reiterated his previous warning that the market is in a “speculative bubble,” and a historic stock market crash is near. He pointed to today’s soaring prices and ballooning margin debt, and also compared the hype around Bitcoin, electric cars, software-as-a-service companies, and meme stocks to the dot-com and housing bubbles. He alerted that most assets had been "driven by speculative fervor to insane heights from which the fall will be dramatic and painful."

In Burry’s view, today’s overvaluation is much more worrying than what investors experienced in the 1990s, and that speculation is much higher now than in the 1920s. The investor argues that another troubling factor for financial markets is the rising geopolitical tension around the world. He fears that “we are fast moving towards an economic calamity, and government regulators such as the Securities and Exchange Commission and the Federal Reserve are taking no action to prevent it”.

All things considered, it’s no wonder why he slashed his US portfolio from more than 20 holdings to only six, cutting its total value from almost $140 million to only $42 million. The founder of r/Burryology, a subreddit for Burry's close followers, told in a recent interview that the sales were a huge red flag that signaled Burry was preparing for “the mother of all crashes.” Of course, he is far from alone. Many other billionaire investors such are also getting ready for the meltdown that’s coming and have been sharing their forecasts with clients and online followers in recent weeks.

What makes the situation so alarming is that high valuations are putting the market in the most vulnerable position it’s ever been at a time when strong growth is in question, and liquidity is drying up. In short, this all means that this gigantic stock market bubble is on the verge of a gigantic crash. And those who saw the signs before are seeing them again right now."

- https://www.epiceconomist.com​

Musical Interlude: 2002, “Land of Forever”

 

2002, “Land of Forever”

"A Look to the Heavens"

“Massive stars, abrasive winds, mountains of dust, and energetic light sculpt one of the largest and most picturesque regions of star formation in the Local Group of Galaxies. Known as N11, the region is visible on the upper right of many images of its home galaxy, the Milky Way neighbor known as the Large Magellanic Clouds (LMC).

The above image was taken for scientific purposes by the Hubble Space Telescope and reprocessed for artistry by an amateur to win the Hubble's Hidden Treasures competition. Although the section imaged above is known as NGC 1763, the entire N11 emission nebula is second in LMC size only to 30 Doradus. Studying the stars in N11 has shown that it actually houses three successive generations of star formation. Compact globules of dark dust housing emerging young stars are also visible around the image.”

- http://apod.nasa.gov/apod/ap130211.html

"Three Things..."

“To me, there are three things we all should do every day. We should do this every day of our lives. Number one is laugh. You should laugh every day. Number two is think. You should spend some time in thought. And number three is, you should have your emotions moved to tears, could be happiness or joy. But think about it. If you laugh, you think, and you cry, that’s a full day. That’s a heck of a day. You do that seven days a week, you’re going to have something special. I just got one last thing... I urge all of you, all of you, to enjoy your life, the precious moments you have.”

- Jim Valvano

"Politics Is Dead, Here's What Killed It"

"Politics Is Dead, Here's What Killed It"

by Charles Hugh Smith

"Representational democracy - a.k.a. politics as a solution to social and economic problems - has passed away. It did not die a natural death. Politics developed a cancer very early in life (circa the early 1800s), caused by wealth outweighing public opinion. This cancer spread slowly but metastasized in the past few decades, spreading to every nook and cranny of our society and economy as "democracy" devolved into an invitation-only auction of elections and political favors.

Politics might have had a fighting chance but three forces betrayed the nation and its citizenry.

1. The Federal Reserve transferred trillions of dollars of unearned wealth into the feeding troughs of the super-wealthy and corporations, vastly increasing the wealth the top 0.01% had to buy elections and favors. The Federal Reserve cloaked its treachery with jargon - quantitative easing, stimulus, etc. - and then stabbed the nation's representational democracy in the back.

2. The Supreme Court betrayed the nation's representative democracy by labeling corporations buying elections and political favors a form of "free speech." (Please don't hurt yourself laughing too hard.) The Supreme Court's equating wealth buying elections and favors with individual citizens' sacrosanct right of free speech was a knife in the back of the nation and its citizenry.

3. The two political parties betrayed their traditional voter bases to kneel at the altar of corporate / elite wealth, wealth which bought elections and political favors. The Democrats, traditional champions of the workforce in the 20th century, abandoned workers in favor of serving their corporate masters, masking their betrayal with fine-sounding phrases.

The Republican Party, traditionally promoters of Big Business (Wall Street, banks, mega-corporations), had maintained a narrow but crucial interest in trust-busting (limiting monopolies) to defend free enterprise and small business from the predations of monopolies and cartels. Those days are long past; just as the Democratic Party tossed the working class overboard to the sharks, the Republican Party walked small business off the gangplank right into the voracious jaws of cartels and globalized, financialized corporate sharks.

To cloak their betrayal and treachery, the parties have pursued a divide-and-conquer distraction game, pushing half the nation into one-size-fits-all "enemies lists" with labels that have lost all meaning other than as means to promote divisiveness and rancor: Liberal and Conservative, socialist and capitalist, etc.

It's not the citizenry who are "deplorable," it's the parties' corporate-derriere-kissing toadies, lackeys, apparatchiks, purveyors of propaganda, enforcers, apologists, sycophants, grifters and "leaders" who manage to greatly increase their private wealth while "serving the public" (heh).

These three betrayals of public trust and representational democracy caused the demise of politics as a solution to social and economic problems. "Politics" has been stripped to its essence: an invitation-only auction of elections and political favors. The price to watch from the rear of the auction is $1 million; to actually place a bid, the minimum is $10 million, but the winning bids are generally much higher. (Lobbying, campaign contributions, bogus think-tanks, and philanthro-capitalist foundations are all part of the auction funding.)

Here's "politics" in America now: come with mega-millions or don't even bother to show up. Choose which "enemies list" you want to be on; there's not much choice. And don't forget to put a flower on the grave of representational democracy."

- https://www.oftwominds.com/

The Daily "Near You?"

Moosup, Connecticut, USA. Thanks for stopping by!

"Boiling the Frog"

"Boiling the Frog"

by Jeff Thomas

"There was, of course, no way of knowing whether you were being watched at any given moment. How often, or on what system, The Thought Police plugged in on any individual wire was guesswork. It was even conceivable that they watched everybody all the time. But at any rate, they could plug in your wire whenever they wanted to. You had to live – did live, from habit that became instinct – in the assumption that every sound you made was overheard, and, except in darkness, every move was scrutinized."

The above quote is from "1984," by George Orwell. The now-famous date that Orwell chose was actually of no real significance. He simply reversed the last two digits of the year in which he wrote the book, 1948. Orwell concerned himself less with timeline than with concept. And that concept has been chillingly accurate in its foresight.

The quote above should ring alarm bells in today’s world, particularly for those who live in the US, as the US government leads the world in the development of surveillance of its people. Today, the US government is in the process of completing a massive electronic surveillance network that encompasses all telephone calls, all computer-driven communication, and all banking transactions. Quite a tribute to Orwell’s Big Brother.

We have in the past predicted that the surveillance net will eventually expand to include all monetary transactions by US residents (possibly through the replacement of the paper dollar by an electronic money system), allowing the US government to ultimately have knowledge of every aspect of the economic activities of US residents and, therefore, control over those activities.

The excuse given for such surveillance has been "to protect America from terrorism." This notion is a wonderful invention, as terrorism can be imagined to be small or large and can occur at anytime, anywhere in the country. Further, if there are no actual occurrences, the government can create false flag incidents as easily and as often as they are needed.

The bogeyman of "terrorism" is particularly useful, as terrorism is faceless. No invasion is necessary. A terrorist can be anyone—even your next door neighbor and, indeed, the government computers are programmed to pay especially close heed to specific words and phrases, such as "freedom" or "patriotism." Should your next door neighbor use such words in his emails, he is more likely to be flagged.

The degree of surveillance that Orwell described in 1984 has not yet been reached, but it is not far off. Most importantly, though, the most essential aspect of its implementation has already been overcome - the aspect of popular acceptance. The American people, in the main, have successfully been sold the concept that it is necessary in order to keep Americans "safe from terrorism."

With this green light, the US government is moving rapidly toward the completion of the implementation of full surveillance. If any American doubts that this is coming, he need only ask himself whether the present wiretaps, warrantless house raids, and TSA shakedowns would have been possible only a generation ago.

Americans are already being conditioned to understand that, if they object to these intrusions, that only makes them more suspect. Citizens are already being encouraged to report any "suspicious" activity they observe in their fellow citizens, or indeed, even in their own families. It is almost as if 1984 had been used as a guide in creating the new USA.

Of course, it is admittedly easy for non-Americans such as myself to criticize. We lose nothing by suggesting that those who are in a country that is in a state of dramatic decline, plan their exits whist it is still possible. After all, we are not the ones who would be leaving our home, job, and possibly family members behind. We are, in fact, already comfortably settled in our own countries - countries that may actually be thriving and promising us a positive future.

And there is another factor that makes it easy for us. Those Americans that we do meet are generally those who have already left - who have plucked up their courage and made an exit to friendlier, more promising shores. Not surprisingly, they tend to be very positive people.

On the other hand, those who remain in the US are surrounded by others who, at least at present, have chosen to remain. Therefore, to actually entertain the idea of escaping the oppression of an over-reaching government (not to mention a collapsing economic system and perpetual warfare) is a lonely pursuit indeed. For anyone to actually raise himself up to see the forest for the trees is, in itself, a major feat. To actually conceive of and then plan an actual exit to greener pastures is an even greater one.

It is easy for all of us, no matter where we are, to observe that the end product (that of "1984") is abhorrent and unfit for humanity. However, the end product does not occur all in one fell swoop. Like the boiling of a frog, it is made possible, first, by the comforting warmth of the water, which increases slowly in temperature, lulling the frog into complacency until he is too sleepy to jump out of the pot.

The US began as, very possibly, the most ideal republic ever conceived. Yet, at intervals, over the last 244 years, the original ideals have been stripped away and, in recent years, as it slides toward a very literal 1984, the deterioration has sped up dramatically. Saddest of all, it is occurring with the approval of the now-complacent frogs.

This is not to say that the US is alone in its deterioration towards a totalitarian state. The countries of the EU and many others of the former "Free World" are also in decline. However, the US does lead the way in its Orwellian surveillance. At this point, the US government does not even deny its surveillance. In Orwellian tradition, they merely state, "If you have nothing to hide, you need not fear your government." And just as in 1984, that fear is exactly the object. People who live in fear are easily controlled.They stay put and take whatever is dished up.

As Thomas Jefferson observed, "When the government fears the people, that is liberty; when the people fear the government, that is tyranny."

- internationalman.com

"Our Dilemma..."

"Our dilemma is that we hate change and love it at the same time;

what we really want is for things to remain the same but get better. "

- Sydney J. Harris

“There Is No Reality Anymore…”

“There Is No Reality Anymore…”

by Thad Beversdorf

“I‘d love to change the world, but I don‘t know what to do,

so I’ll leave it up to you…” 

“What a great lyric that is from the late 60′s, early 70′s English band “10 Years After.” I believe this describes that uneasy feeling of discontent that sits deep in the stomach, beneath the day to day exteriors, of so many people today. The world is like a black hole in that it seems to be getting smaller and smaller as the years go by but also heavier and heavier with each passing day.

When I was a teenager and my friends and I were taking reality obscuring substances, one of my buddies (this means you Nichol) would stop us at certain points throughout the night for a reality check. This was just a few moments where we ‘d all gather our senses to make sure the world was still right and then we’d venture back into obscurity. I feel that reality is an old world term. There is no reality anymore. With advances in technology came unending possibilities of if you can dream it they can make it so. The ubiquitous flow of information ensures that the truth is always available but never known with certainty. It means there is no such thing as a reality check. It’s like that dream inside a dream inside a dream. Which reality is real anymore? How deep does the rabbit hole go?

We are raised with pretty standard ideals of what the world is meant to be but these ideals seem to take place only in the movies. It must be incredibly difficult for our young people to reconcile the two worlds, I know it is for me. That which they learn as a child and that which they find has replaced it as a young adult. Our leaders are despicable, arrogant and egotistical fools who pretend we elect them because we don’t see them for what they are. But we elect them because we feel we have no choice. We know what we want the world to be. We know what it should look and feel like. And we know it is not the world in which we live today. I know I’d love to change the world but I don’t know how and so I’ll leave it up to you. And so we continue to move forward down this path, each step uneasy as though something ungood is lurking just around the next corner.

We are able to put that feeling out of our minds for the most part but our subconscious is always aware that things are off. We have all kinds of self help books and new age theories that attempt to make sense of it all and explain why we just aren t happy the way we envision happy should be. Perhaps the only reality is the reality that the world isn’t what we had hoped it would be and we don’t know how to make that right. I’d love to say that if we just stand up and do the right thing, act from our hearts and have good intentions that it could change the world. But quite honestly there are ill-intentioned people that are constructing this new world in which we sub-exist.It is them and us, but they’d never say it that way. Certainly though their intention is not for us to co-exist along side them.

But so we carry on and we, move forward, to the best of our abilities. We accept the good with the bad and acknowledge that everything is a trade off. We believe that if we go to college we stand a better chance in life and so we borrow our first 10 years of post college wages to get an edge over the next guy who is doing the same. When we get out of school we know that it is time to buckle down and get serious. We put our lives on hold in order to focus on the future with the idea that one day we will be sitting on the porch with the person we love, the one we put on hold for all those years, and we will then enjoy our life’s work then.

But then we get further in debt because we need a sleeker car and we need a bigger house but it’s ok because we can just work a little more. And then the kids come and as far as we got to know them they are great, I think. But it’s ok because they just finished college and now they’ve moved back in as the job market is tough out there and so we’re paying off their student loans. Eventually they get away and begin their life’s journey and they take their debt with them. And then we realize, god I’m almost 60. But it feels great because that means soon I’ll be there on the porch getting to know the one I love again and life will be grand at that point.

But then we turn 65 and we realize all those policies that were implemented by all those well-intentioned decision makers have actually left us with very little. And we say it’s ok because we’d be bored anyway just sitting on the porch. And so we take a job waving at people in Walmart but feel like OMG how did I get here. But the shift ends and we go home anxious to spend time with the one we love because, although it’s a terrible thought, we are aware we’re both getting long in the tooth. And so we arrive home only to realize the one we love is now sick and that it’s too late for our days sitting on the porch getting to know each other again. We do everything we can but we cannot afford to help that person who stood quietly behind us all those years as healthcare costs are unrealistically out of touch with reality. And then it hits us that despite taking all the right steps to ensure we have a great life we failed to ever really be happy, to really love and to really accept love. And then it really hits us, this world provides but one shot.

Well, then that feeling of uneasy discontent that shadowed us when we were young is now an intense pain in our heart. And we look out at the world and we ask ourselves how could this have happened? I did everything they told me I was supposed to do, I did everything right! And it becomes clear that life was a chance to change the world, but we didn’t know what to do, and so we left it up to…”

- http://www.zerohedge.com/

○

"Does the American Empire End With A Bang or a Whimper?"

"Does the American Empire End With A Bang or a Whimper?"

by Bob Moriarty

"The Neocons with their divided loyalty have never regarded US interests as being of much value to them. In a 1996 position paper written for the then Prime Minister of Israel, Benjamin Netanyahu titled “A Clean Break” the group of Jewish Neocons advocated this:

“The introduction specifically proposes three new policies:

1. Rather than pursuing a "comprehensive peace" with the entire Arab world, Israel should work jointly with Jordan and Turkey to "contain, destabilize, and roll-back" those entities that are threats to all three.

2. Changing the nature of relations with the Palestinians, specifically reserving the right of "hot pursuit" anywhere within Palestinian territory as well as attempting to promote alternatives to Arafat's leadership.

3. Changing relations with the United States stressing self-reliance and strategic cooperation."

Of course the third new policy went by the wayside as Israel found it much more effective to let the Americans do their fighting for them and for the US taxpayers to finance all the wars against Israel’s perceived enemies.

Netanyahu rejected the suggestions in the position paper presented to him in 1996 as being too outlandish. So the same group of dual national Jewish and American citizens took their circus to Washington where they were welcomed with open arms by the leaderless Bush administration. The same neocons behind the Netanyahu position paper came up with a new document misnamed "The Project for a New Israeli Century."

Being firmly entrenched in the Bush administration when 911 took place they were able to start a series of wars paid for and fought by the United States but all designed to advance the interests of Israel. Indeed, after the attacks, General Wesley Clark went to the Pentagon only ten days past 911 where he was told of the US intention of attacking seven countries after the invasion and attack on Afghanistan.

None of the countries were actually enemies of the US. They only were perceived enemies of Israel’s determination to dominate the Middle East. Saudi Arabia had far more to do with the hijackers on 911 supplying fifteen of the nineteen attackers but was never a target of the US.

By now most Americans have forgotten or never realized that the only people celebrating the events of 911 and arrested that day were Mossad agents caught cheering and filming as the attack unfolded. The agents worked for Urban Moving Systems. They would later admit on Israeli television that they were sent to record the events. Pictures taken by them on 9/10 from exactly the same location prove that they knew what was going to happen the next day. In an example of remarkable gall, the Mossad agents even drove moving trucks with a picture of an aircraft about to fly into the twin towers.

Taken from the "Dancing Israelis Police and FBI Reports": "A former Urban Moving Systems employee later contacted the Newark Division with information indicating that he had quit his employment with Urban Moving Systems due to high amount of anti-American sentiment present among Urban’s employees. The former employee stated that an Israeli employee of Urban had even once remarked, “Give us twenty (20) years and we’ll take over your media and destroy your country.” It’s been twenty years now. Readers can determine for themselves just who controls the media in the United States, they don’t need me for that.

Russia is demanding legal binding agreements with the US and their European puppets running Nato that missiles will not be installed in Ukraine. That’s exactly the same position that JFK took during the Cuban Missile Crisis in 1962. That seems perfectly reasonable to me.

But the neocons want war with Russia and China and are almost certainly about to get it. The US through Victoria Nuland, wife of Robert Kagan of PNAC fame, Under Secretary of State for Political Affairs, is funding the Ukraine military with offensive weapons. She was caught on tape saying, “F**k the EU” during the coup d’état run by the US to overthrow the legally elected government of Ukraine in 2014. She also made no bones about the venture having cost American taxpayers a total of $5 billion and bragged about it in a YouTube video. She should have remembered that coups are a lot cheaper and less deadly than wars. Wars are easy to start and hard to end.

The US and their sock puppets within NATO are deliberately pushing Ukraine to attack Donbas. There are American aircraft in Ukraine, American soldiers and the US is financing the push. While the MSM in the West is pretending Putin and Russia are the bad guys, actually the US and Nato have always been the culprits behind the broken treaties and promises to the USSR that Nato would not move one inch closer to Russia.

If China or Russia installed missile bases in Cuba or Mexico there would be an immediate outcry in the US and a demand that those weapons be removed. Putin and Russia are demanding, not asking, not hoping, they are demanding a legal and enforceable agreement that Nato not expand.

Listening to the idiots from Nato and State Department mouthpieces and those representing the interests of the US, it is clear that the Russian demands are written in rock. They want no more lies from the west. On the side of Nato it is clear that those speaking for the US are utterly tone deaf. It is as if the Russians are transmitting on one frequency and the US/Nato listening to hip hop music on another frequency.

Russia is prepared for war. The US and Europe are not. Russia will attack suddenly and totally. The US and Europe will lose. The world is going to change in a day. It may go nuclear and could end the reign of mankind over the Earth.

The US is run by an administration where to be appointed to high office you have to be queer or transgender or black or a woman or obese but most of all brain dead. The president of the US is senile, the VP of the US giggles at every opportunity. When Biden announces that he fully supports “Let’s go Brandon” you have a real problem. If he isn’t wearing diapers now, he should be. These are not the people who you want to lead you into a war with anything bigger than a hamster.

Americans have fought a number of wars on behalf of Israel over the past twenty years and lost every fight. When you take on a mob of goat herders for two decades, spend $2.3 trillion in the effort and they kick your ass, it would be insane to provoke another war against anyone. So the question is not if the American Empire is on the verge of disappearing, it is only a question of does it go with a bang or a whimper? And do not think for even one minute that Russia and Putin do not fully understand who is the puppet master behind the whole scheme. There will be blood."

- http://www.321gold.com/

○

Related:

“'Expect Escalation of Conflict in Donbass and Ukraine Soon,' 

Says Foreign Correspondent"

"How It Really Is"

 

"Food Shortage At Walmart! Empty Shelves Everywhere, And Rising Prices!"

Full screen recommended,

Adventures with Danno, AM 1/17/22:

"Food Shortage At Walmart! 

Empty Shelves Everywhere, And Rising Prices!"

"In today's vlog we visit Walmart, and witness a lot of soaring prices. With stores struggling to get in products we are also dealing with another issue of skyrocketing prices."

"This Economy is Never Going Back to Normal - Headed to the Abyss"

Full screen recommended.

Dan, iAllegedly AM 1/17/22:

"This Economy is Never Going Back to Normal - 

Headed to the Abyss"

"The Economy is never going back to normal. Inflation is running rampant and there are huge signs that it will never go away. From crime to the supply chain problems continue throughout everything we do."

"Cruel Contentions"

"Cruel Contentions"

by Bill Bonner

Normandy, France - “Hatred is the most accessible and comprehensive of all the unifying agents. Mass movements can rise and spread without belief in a god, but never without a belief in a devil.” ~ Eric Hoffer

On Saturday, we left Paris for the countryside. The City of Light has grown a little dark. We imagined it must have felt a little like it did during the German Occupation in the early 1940s. People gathered at café tables… wondered what the government would do next… and exchanged forged documents.

“Are they checking papers? I heard they arrested people on the Avenue Maine. Where can I get a fake pass? “ You have to show ‘your papers’ wherever you go. People over 65 are required to have the vaccine… and a booster… or they aren’t allowed to sit down in bars or restaurants. Why? Jupiter (France’s president, Emmanuel Macron) says the country is ‘at war.’ People have to make sacrifices. And, as in any war, most people go along with their leaders, wave the flag … and hate the enemy.

Last week, we began by exploring how the press had abandoned its post. No longer asking tough questions on behalf of the public, it became a shill, giving out ‘correct’ views on behalf of the elite. Then, we saw how it takes two to tango – two points of view, pro and con. Without the yang, the yin spins out of control. Without fierce opposition, the ruling elite becomes corrupt, incompetent and dysfunctional. And with no honest press to watch over the proceedings, the court fills up with kangaroos. Defense attorneys are banned from the courtroom. The innocent are condemned. Jaywalkers get the death penalty.

Ghoulish Sentiments: In France, as in the US, the press not only cheers on the government… it signals that anyone who disagrees is deplorable… a subject for ridicule, even in death. In The LA Times, for example, an opinion piece by Michael Hiltzik appeared last week: “Mocking anti-vaxxers’ deaths is ghoulish, yes… but necessary.” Necessary? Really? Should Lincoln have shown up at Gettysburg… looking out over the rows and rows of shallow graves… thousands of them. Of the Confederate soldiers who had gone to war against him, should he have said: ‘Hey, you forgot to duck. Ha ha.” Or perhaps he should have taken a blasé, callous tone, a la Hillary Clinton: “We came. We saw. They died.”

Hiltzik continues: "On the one hand, a hallmark of civilized thought is the sense that every life is precious. On the other, those who have deliberately flouted sober medical advice by refusing a vaccine known to reduce the risk of serious disease from the virus, including the risk to others, and end up in the hospital or the grave can be viewed as receiving their just deserts."

When you have The Truth… why mince words? Why not call a spade a spade… and whack your enemies over the head with it? The trouble, as we also saw last week, is that The Truth is slippery and fleeting. It is rented, not owned. And it comes to light in opposition, not submission.

In a civilized society, people make their own choices. Some turn out well. Some not-so-well. They follow their hearts, their minds, or their leaders. They are in thrall to some god… some guru… some Great Idea. Who are we to know whom to ridicule?

Lincoln chose to speak “with malice towards none, with charity for all.” In his day, dead soldiers deserved respect, no matter which flag they followed. But today, every Trump voter south of the Potomac is regarded as an unreconstructed racist. And every person who doubts the virtue of mandatory vaccines is treated like an active shooter.

Yes, today’s world improvers speak in the shrill, unchallenged tones of sanctimonious prigs everywhere. On their High Ground, they breathe the pure air of True Believers, unpolluted by doubt or ambiguity. But it has no grace or charity it in. And over every fallen enemy they smirk; it is a “teachable moment,” they say.

Of course, ‘anti-vaxxers’ are not the only ones to die. With the majority of the population now vaxxed, the majority of the corpses are also vaxxed. They don’t die “with COVID.” They die “with VACCINE.” How many of them drove too fast… used drugs or alcohol… or who failed to get married or eat their vegetables? They fill up the hospitals and die early. Shouldn’t they be mocked too?

And what sympathy note, along with the dead flowers, will Mr. Hiltzik put on the large coffins of those who ate too much? Countries with high levels of obesity have 10 times as many COVID deaths. What did they die of? And what to say to them? “You got what you deserved, Fatso!”

Among the Shades: Just up the road, at Colleville-sur-mer, there are rows and rows of white crosses – nearly 10,000 – marking the graves of American soldiers who died in the Normandy Invasion. They came from the farms and factory towns of the US. In the tumult of WWII, each of them might have ducked and dodged… and maybe avoided putting on a uniform. And some of them, huddled in their landing boats, must have wondered. Had they made the wrong choice?

Herr Hitler stood on the high ground too. He was sure he was right and had no sympathy for those who opposed him. Mockery was too good for them, he believed. And now, the farmboys and city slickers from the US were going to take him down a peg. Signing up for the military was perhaps not their smartest move… not necessarily the thing that would help them become columnists for The LA Times and live long lives of self-satisfied indulgence.

But maybe they thought that there was something more at stake… something more than their own lives… something more important to them than life itself. And that, if they were killed, at least it was for a reason that made sense to them. And so, they made their choices, right or wrong. And they died young.

Should we spit on their graves too? Or honor them, as fellow human beings… caught up as we all are, in an incomprehensible web of lies and fantasies… and blessed, only occasionally, with spellbinding glimpses of truth and beauty? No… we do not laugh at the shades. Because we will all soon be among them. And they may laugh at us."

- bonnerprivateresearch@substack.com

Gregory Mannarino, "Markets, A Look Ahead: Freefall..."

Gregory Mannarino, AM 1/17/22:

"Markets, A Look Ahead: Freefall..."

- https://traderschoice.net/

"No Time for Crybabies"

"No Time for Crybabies"

by Jim Kunstler

"Do you know what most of America wants? I will tell you: America wants Daddy to step up and say, “Okay, you can stop being insane now. Really, enough is enough.” Trouble is, America is short on daddies these days. That’s what happens when you throw The Patriarchy on the old garbage barge. Mr. Trump was a kind of daddy, but to many women, especially, he was the wrong kind, Bad Daddy, the worst kind of daddy, the kind who makes you clean up your room and come home before midnight. They traded him in for demented Grampa. He just wants to fondle you - and not in a good way - but family decorum requires that we don’t talk about that. In the meantime, we can do whatever we feel like.

It’s a fact that more-educated folks are most susceptible to mass delusion, and the reason will surprise you. It’s because of status-seeking. Yes, even more than money. We’re hard-wired for it. And status is liable to send money in your direction, anyway. Among the educated managerial class, going along with everybody else is crucial because careerism in a bureaucratic system, public or private, demands it. If you seek to rise in the hierarchy, or are just angling for brownie points, you must appear to subscribe to the reigning beliefs-of-the-moment, no matter how crazy, and the punishments are severe for appearing to not go along - like losing your career and livelihood, and all prospects of a comfortable life.

The main belief-of-the-moment is that battling the invisible menace called Covid-19 requires the most extreme measures, and anyone against that is an enemy, a domestic terrorist! Thus, it is most urgent to “vaccinate” every human being in the nation. Why? Because Dr. Tony Fauci, America’s doctor, says so. Why does he say so? Because the Covid-19 “vaccines” are the crowning achievement in his long vainglorious quest to bring forth a world-saving magic cure for a dread disease. And since Dr. Fauci is The Science incarnate, and The Science must be followed (because…come on… we are modern people in a modern world ruled by Science), we must follow Dr. Fauci!

But it’s obvious now, after a year on-the-scene, that the vaxxes work poorly at best to protect against infection or control the spread, and, at worst, induce terrible long-term damage to organs, blood vessels, and the immune system. The. vaxxes can kill you or gravely disable you. The statistics in the CDC’s VAERS registry show this in no uncertain terms: 1,003,992 Covid vaxx adverse event reports including 21,745 deaths linked to them through January 7 - and these figures are said to be deeply understated due to the poor design and difficulty using the VAERS website with its clunky, out-dated code that the CDC refuses to fix.

Dr. Fauci has avoided addressing these adverse reactions and the negative efficacy of the “vaccines.” He simply states that the vaxxes are “safe and effective.” That so many Americans believe him, despite all the evidence, and go along with the crusade to vaxx-up everybody, is proof that they are insane. But now that the whole story is unravelling, they are ever more determined to stick to the script. Covid-19 has been their security blanket for two years. As long as it was in the picture, raging and killing as an invisible demon, it could be the focus of all their free-floating terror.

Terror of what, you might ask? Of the meaninglessness, alienation, and debility induced by the managerial class in its own sick institutions and corporations… in short, the 21st-century America that the managers evolved in and supported - a culture of junk food, junk work, junk art, junk environments, junk government, junk economics, and, lately, junk science… a sickening panorama of systems out-of-control and entering failure mode. Confronting the disaster of its own incapacity to sustain a healthy culture and an economy with a future, the managerial class went nuts. Its insane actions now are killing people while seeking to punish those who refuse to walk sheepishly into America’s version of the gas chamber, the Anthony Fauci “vaccines.”

One way out of a trap like this is to follow your insanity into all-out Götterdämmerung, chaos and destruction. That’s the Hitler way (preceded by a period of psychotic totalitarian social control and sadistic scapegoating). I don’t recommend it. When it’s over, there’s not much left to assist the continuity of the human project. But we are led, at the moment, by a very Party of Chaos that is making all those moves. Check the boxes: social control freakery, check… punishment unto the unvaxxed, check… loony war-drumming, check….

The cries for more lockdowns and punishments grow shrill as omicron burns across the land, presenting a fair chance of putting a stop to Covid 19. We’ll know in a couple weeks where this is going. Will those tell-tale “all-cause deaths” mount in the insurance companies, suggesting that the “vaccines” seeded millions with lurking illness? Will the public turn on Dr. Fauci and run him from public health to rough justice? Will the inept “Joe Biden” regime start World War Three in Ukraine, a place of no real interest to us, or the South China Sea, just to change the channel?

You can feel the paradigms straining to shift under your feet now. For that degenerate managerial class, and its psychotically woked-up minions on the campuses and in the news-rooms, this thing would likely go the Schopenhauer way: the new paradigm is at first ridiculed, then violently opposed, then accepted as self-evident. Snap your fingers and they’ll come out of it, just like that.

The managerial class will try to pretend that they never did the things they did. A few will offer weak apologies. But the damage is done. Before long, an economic rip-tide takes the drowning out to sea. The rest of us left on dry land have a lot of work to do. It’ll be no time for crybabies."

- https://kunstler.com/

"This Is Not Just A Supply Chain Collapse"

Full screen recommended.

"This Is Not Just A Supply Chain Collapse"

by Epic Economist

"Day after day, we hear more news reporting the collapse of our supply chain. From lockdowns disrupting the flow of goods across the globe to skyrocketing freight rates and a persistent shortage of shipping containers. From severe congestion at our key ports to a lack of enough dockworkers, warehouse staff, and truck drivers to make all of those goods reach your local stores. In recent weeks, Americans have been resorting to social media to complain about increasingly barer shelves as the latest surge of infections leaves the already-tight labor market even tighter. The truth is that our supply chain is the perfect representation of our economy - because the supply chain is essentially the economy. Every single step in the production, processing, and distribution of a product requires resources, personnel, and logistics. And when the supply chain starts to break down, so does the economy. That's what the economist, financial strategist, and commentator James Rickards has detailed in a recent analysis published in The Daily Reckoning.

The term "supply chain" comprehends an intricate system of manufacturing, processing, transportation, packaging, marketing, advertising, customer relations, vendor and supplier relations, and, of course, capital – the main element that provides support to the relation between the supply and demand of every single every physical, digital, intellectual or artistic artifact on the entire world. The supply chain is everywhere, as explains Rickards. To illustrate the complexity and extensiveness of supply chains, the analyst cites an experiment suggested by MIT scholar Yossi Sheffi in his book "The Resilient Enterprise", in which you consider yourself as a one-person supply chain to understand how rooted these dynamics are in our daily lives. Sheffi highlights that supply chain processes are hidden in every single thing we buy and consume.

The collapse of global supply chains can be attributed to two different factors: efficiency and energy. The modern version of supply chain management began in the 1980s, as globalization and the growth in technology combined to make supply chains more complex and also offered tools to manage that complexity. That’s to say, for example, if you have a company and want to lower costs for your customers by reducing your trucking providers to the two that offer the lowest rates, you’re actually increasing your vulnerability to disruptions. If one of these providers suffers a strike or is hit by a natural disaster, you probably won’t get your deliveries in time. In other words, the hidden cost of efficiency is vulnerability, which leads us to the second issue: energy.

Intricate and dynamic systems such as the supply chain require a huge amount of energy to function. The big problem is that the global energy input rises in relation to the scale of the system. In simple terms, this means that if you double the scale of a system, you’ll probably need a lot more energy to run, which includes electricity, capital, and labor. According to the analyst estimates, you’ll need 5 times more energy in such a scenario.

So when profits from expanding the scale of the system are high and energy costs are low, these lopsided ratios of scaling functions may still be profitable on net. But when profits start to decline and energy prices surge, the consequences of higher energy input costs on an extremely stretched supply chain network are translated into major disruptions to the operation of the system as a whole. Other factors currently weighing on the supply chain are the health crisis and rising geopolitical tensions. Global superpowers such as Australia and China are trying to eradicate the virus even as the rest of the world faces a new outbreak. That seems quite impossible. It’s almost the same as pursuing a policy in which no one catches a cold. They want a utopia but the price to pay is very real.

In America, our leaders’ policies have ended up creating even worse congestion at ports and led to painful fines for companies that weren’t able to move their containers due to a lack of workers. The worker shortage, however, can be attributed to our government’s lack of competence in creating a safe environment for workers to stay at their posts during the sanitary outbreak with fair pay. All of those increased costs are being passed on to consumers, who have been dealing with the sharpest inflation spike in almost four decades. Given today’s outlook, supply chains must be restructured. But as Rickards warned: ”reconfiguring the supply chain will take five to 10 years to accomplish. In the meantime, you should expect empty shelves, higher costs, and slower growth in companies most affected by the breakdown.”

- https://www.epiceconomist.com​

Musical Interlude: Liquid Mind, “Zero Degrees Zero”

Liquid Mind, “Zero Degrees Zero”

"A Look to the Heavens"

"The most distant object easily visible to the eye is M31, the great Andromeda Galaxy some two and a half million light-years away. But without a telescope, even this immense spiral galaxy - spanning over 200,000 light years - appears as a faint, nebulous cloud in the constellation Andromeda. In contrast, details of a bright yellow nucleus and dark winding dust lanes, are revealed in this digital telescopic image.

Narrow band image data recording emission from hydrogen atoms, shows off the reddish star-forming regions dotting gorgeous blue spiral arms and young star clusters. While even casual skygazers are now inspired by the knowledge that there are many distant galaxies like M31, astronomers seriously debated this fundamental concept in the 20th century. Were these "spiral nebulae" simply outlying components of our own Milky Way Galaxy or were they instead "island universes" - distant systems of stars comparable to the Milky Way itself? This question was central to the famous Shapley-Curtis debate of 1920, which was later resolved by observations of M31 in favor of Andromeda, island universe.”

- http://apod.nasa.gov/apod/ap100109.html

"Here We Are..."

"Here we are, trapped in the amber of the moment. There is no why."

- Kurt Vonnegut

○

But perhaps there's something that transcends "no why..."

"If there is meaning in life at all, then there must be meaning in suffering."

"The way in which a man accepts his fate and all the suffering it entails, the way in which he takes up his cross, gives him ample opportunity - even under the most difficult circumstances - to add a deeper meaning to his life. It may remain brave, dignified and unselfish. Or in the bitter fight for self-preservation he may forget his human dignity and become no more than an animal. Here lies the chance for a man either to make use of or to forgo the opportunities of attaining the moral values that a difficult situation may afford him. And this decides whether he is worthy of his sufferings or not."

- Viktor Frankl

"No Room For Cowards..."

“Life has no victims. There are no victims in this life. No one has the right to point fingers at his/her past and blame it for what he/she is today. We do not have the right to point our finger at someone else and blame that person for how we treat others, today. Don’t hide in the corner, pointing fingers at your past. Don’t sit under the table, talking about someone who has hurt you. Instead, stand up and face your past! Face your fears! Face your pain! And stomach it all! You may have to do so kicking and screaming and throwing fits and crying – but by all means – face it! This life makes no room for cowards.”

- C. Joybell C.

"They Don’t Always Do That..."

"When people pile up debts they will find difficult and perhaps even impossible to repay, they are saying several things at once. They are obviously saying that they want more than they can immediately afford. They are saying, less obviously, that their present wants are so important that, to satisfy them, it is worth some future difficulty. But in making that bargain they are implying that when the future difficulty arrives, they’ll figure it out. They don’t always do that.”

– Michael Lewis, “Boomerang”

"Doug Casey on Implications of the 'Great Reset' Agenda and What it Means for You"

"Doug Casey on Implications of the 'Great Reset'

 Agenda and What it Means for You"

by International Man

International Man: "By now, most people have heard about the World Economic Forum’s (WEF) “Great Reset” agenda led by Klaus Schwab. The WEF sees the COVID pandemic as an opportunity to reshape the economic and social structures of the world. With the unpleasantness of 2020 and 2021 behind us, what do you think will be the next phase of their global agenda?

Doug Casey: For many years, conspiratorially oriented people have looked askance at the Council on Foreign Relations, Bilderberg, Bohemian Grove, Concordia, WEF, and similar groups where the rich and powerful people gather to wheel and deal. Despite my visceral dislike of these people, I actually accepted an invite to Concordia out of curiosity and wrote an article about it. I won’t be going back because it’s simultaneously boring and disturbing to be in the company of self-important bureaucrats, opportunists, and slimy rent-seekers.

These people predictably make a huge deal about COVID. The pandemic impresses me as about 90% hysteria from a medical point of view. You don’t want to get it, obviously, but unless you’re old and sick, it appears to be just the flu, especially now that it’s burning out, the way viruses do. The average age of decedents is about 80 - a fact which is never reported. We’ve certainly never seen carts going through the streets crying, “Bring out your dead. Bring out your dead.” But I personally know people who think it’s stalking them like an assassin. The hysteria has mutated into mass psychosis.

Governmental reaction to the flu, actively promoted by the groups I just mentioned, has reshaped the way the world works. It’s definitely a crisis these miscreants haven’t let go to waste. In fact, what’s gone on over the last two years is probably the biggest upset in world history, at least since World War II - and that’s saying something. It’s been a real catalyst for the “Great Reset” promoted by these powerful busybodies, and it’s still evolving. We could see genuine chaos before 2022 is over.

So what’s next, now that the whole world seems to be going insane? Billions of thoughtless people have been terrified; they’re ripe for the next medical emergency, real or imagined. In order to be proactive, our faux guardians in government are undoubtedly going to attempt something like a vaccine passport. That way, when the next thing comes up, they can pretend to react quickly and more easily get the masses to do what they’re told.

Of course, this is all highly destructive. Your health is something that should be between you and your doctor - not some DMV look-alike government employee.

International Man: The short video released by the WEF during the pandemic included a strange statement about the state of the world by 2030 - “you’ll own nothing and be happy.” What do you think this implies about individual freedom and private property?

Doug Casey: One big change over the last two years is that, for the first time, people are spending many hours a day binge-watching television. Of course, people have watched “too much” TV for decades, but now billions have been under virtual house arrest with nothing to do but glue their eyes to the flat screen and absorb massive amounts of indoctrination. These insane lockdowns have prevented billions of people from both working and socializing. They’re in enforced isolation, virtual prison.

TV and welfare are a very effective update of the old Roman concept of “bread and circuses.” A flat-screen TV with 1000 channels - everybody has one - offers a much easier and better way to kill time than going to the Colosseum or Circus Maximus, especially from the point of view of the rulers, since the proles can be indoctrinated while they’re isolated. That decreases the odds of the natives getting too restless.

Meanwhile, governments everywhere have been sending their populations loads of free money, so they can sate themselves with junk food. Biden’s Build Back Better program will pass in some form, making bread and circuses a permanent feature of life in America. Our version might be called “Pizzas and Netflix.”

The people who frequent forums, such as the WEF, see themselves as a special class - the elite. They all know each other, go to the same schools, and socialize at the same clubs. They have high incomes, a lot of power and influence, and groom their kids to join the party.

They’ve jelled into an informal ruling class. Even while they mouth hypocritical platitudes about democracy, diversity, equity, and other PC nonsense, they, in fact, despise the common man. I wouldn’t be surprised if they would really like to see - as people such as Ted Turner and Bill Gates have intimated - 80% of the world’s population to just disappear. That way, when they visit places such as Machu Picchu, St. Mark’s Square in Venice, and other fashionable places, they won’t be annoyed by the hoi polloi wandering around as if they were equals. Enough money and power can get the elite to start thinking that way. Not to mention that these people are mostly sociopaths, with a heavy admixture of real psychos.

Perhaps they’d like to see the “nonessential” proles isolated in their apartments, sedated by Xanax and Prozac, stuffed with cheap carbohydrates, stimulated by Fentanyl and meth, and programmed by the MSNBC, while their “betters” figure out what to do with them. I suspect my hero Charles Knight will have to confront this problem in the next novels in the series John Hunt and I are doing.

International Man: What drastic economic and social changes need to take place for the WEF’s agenda to become a reality?

Doug Casey: It’s very clear - more state power. Governments throughout the world have grown like cancer throughout the 20th and 21st centuries. Look at a chart showing the percentage of the economy controlled by states everywhere in the world over the last 100 years. The state has gone from being a minor nuisance - taking a small part of the economic production - to now controlling 30, 40, 50%, or more everywhere. Even with massive income taxes, 20% Value Added Taxes, gigantic borrowing, and catastrophic currency inflation, governments everywhere are bankrupt. We’re at a tipping point.

Governments have become very powerful, and they’re getting even more powerful. It’s an accelerating trend. Financial, tech, and media corporations, in particular, have turned into behemoths by merging with each other, working hand-in-glove with the government. Their nomenklatura, aided by an inflated stock market, has been enriched by the revolving door between the state and corporations. It’s Mussolini’s dream of state corporatism, i.e., fascism, come true on a grand scale.

Meanwhile, most humans have become cattle-lookalikes. The only question is whether we’re feedlot cattle or free-range cattle. The feedlot cattle, standing shoulder-to-shoulder eating silage at the feed trough, are like the old proletariat. They have no personal efficacy at all. The upper ranges of the middle class are more like the so-called free-range cattle. They have a bigger field to wander around in, get to eat grass, and have the illusion of freedom. But it’s important not to kid yourself about the big picture.

International Man: In the background of all of this, many governments are entertaining the concept of Central Bank Digital Currencies (CBDC) as a solution to their failed monetary policies. All the fiat currencies in the world are backed by nothing, and they’re being printed in enormous quantities. What does a CBDC mean for the viability and future of government-issued fiat money?

Doug Casey: Central Bank Digital Currencies are a truly big disaster. They’re coming down the road, barreling toward us like a maniac’s truck in Road Warrior. The ubiquitous smartphone has made them almost inevitable.

Everybody has a smartphone; it’s convenient and always with you. People are attached to them like appendages. You can access everything else on your cell phone today - so why not money? Feedlot cattle everywhere will go for CBDCs with enthusiasm. It’s already happened to a great degree in China and Sweden. CBDCs give the government total knowledge and control of everything you buy, sell, or own. The feedlot cattle love it; they believe the State is their friend. Free-range cattle may need some prodding, but they’ll go along to get along; they won’t want to lose their privileges.

The whole world is being propelled towards CBDCs. When your whole financial life is necessarily on your cell phone, and cash doesn’t exist, the State will know - everything - you’re doing, where you’re doing it, and with whom. The process will be aided by an omnipresent camera and your frenemies, Siri and Alexa.

It will tie in nicely with our evolving social credit system like the Chinese now have. Your score might get dinged by what you say, whom you talk to, and where you go. But most cattle like it; it makes them feel safe and virtuous.

Like cattle, most people rather like a welfare state; it’s not unpleasant being given food while you can sit there and watch your television or play with your smartphone all day. It’s actually pretty comfortable being a feedlot cow - a lot more comfortable than trying to be a wild buffalo that has to forage to fend off starvation and fight for survival. So, of course, the world is changing in that direction.

We really are headed towards a Great Reset that Klaus Schwab and his criminal pals anticipate. However, the fact that they have plans to put everybody in a well-ordered and comfortable feedlot doesn’t repeal the laws of economics. The Greater Depression isn’t going to disappear.

On the bright side - and I always look at the bright side - today’s corrupt system is likely to collapse in the onrushing crisis. It is, to use an overly popular word, unsustainable. Currencies will lose value radically. Markets will go up and down like an elevator with a lunatic at the controls. On the dark side, things usually get worse during major tumult - France in 1789, Russia in 1917, and China in 1949 are examples.

I continue to anticipate that the Greater Depression is going to get much more serious this year, even though increasing levels of debt and high government spending are papering things over for the moment. In fact, I’m starting to think that “Greater Depression,” a term I coined, understates the situation. The likely next step is a major financial upset, cascading into serious economic problems, at which point all the feedlot cows are going to clamor for “strong” leadership. They’ll get what they ask for.

The Jacobins in control in Washington, DC - for at least the next three years - won’t let the crisis go to waste. From there, things could slide into social chaos similar to what we saw in 2020. And perhaps a serious war; governments everywhere love to blame foreigners for domestic problems.

The 2020s could be the nastiest decade that we’ve had since the Industrial Revolution of the early 1800s - notwithstanding huge advances that continue to be made in most areas of science and technology."

- https://www.investmentwatchblog.com/