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April 18, 2022 43 mins
We take a historical and macroeconomic look at patterns over the centuries that keep on repeating with the different players of various societies. Typically the life span of a society is marked by a slow start a rapid acceleration phase a plateau and a rapid drop off the edge. It's the same for bacteria in a Petri dish in fact. It's a matter of the build up of scale and then the sheer power of mass making competition useless with the big kid on the block until the resources have been used up at which point it is no longer viable or weak enough to be challenged and overthrown.
Typically the more extreme the distance between polar views of the society the higher the likelihood of collapse. This is also the point of maximally inequitable distribution of resources amongst the population. Western society is at such a point. It is almost always about the inability to service government debt usually due to exponential expansion or simply debt to gain or remain in power. Once the currency starts being devalued by printing money or as the Romans did putting less gold in the coins then confidence in the government drops. It is always the case. Roosevelt did it and Nixon did it. Currently 70-80% of government debt repayment goes to interest. Germany infact orchestrated the euro so it could have tarrif free trade as it is the major manufacturing nation in Europe. When countries ran out of money then Germany just leant more money to it's customers so they could continue buying their goods. Even though Greece was broke it lent so much money to the Athenians they had the largest number of Porsche SUVs in Europe. The European Central Bank is now broke . It cannot service bonds issued since 2014. Interest rates are stuck at zero or negative but instead of spending money citizens have simply taken money out of the banks and horded it. Pension funds which require an 8% annual return to break even are now also going bust. Western governments cannot and never intend to pay off their debt. Claus Schwabe of the World Economic Forum has been training and nudging heads of state for years with the idea of a Great Reset. 'build back better " is the phrase coming out of all heads of state lips from the global marketing firm Edleman. The idea is cancellation of government debt. Governments will default on debt. Bonds will not be honoured and pension funds will collapse. In order to stop riots all public debt will be cancelled so no mortgages or credit card debt. We will then all be put on a universal wage in this ultra Marxist regimen. However central control always fails as no one has the skills experience or vested interest in each enterprise and it's why Stalin after the crops failed in Russia stole the Ukrainian grain causing millions of deaths. Therefore covid which is easily proven to be a scam and the war in Ukraine which is clearly staged as the Americans via Kamala Harris purposefully broke the Bucharest agreement hence "triggering Putin" have been attempts to cause increasing global instability and hardship putting ever more people into debt so that people will be too weak and tired to resist a regimen change and only too ready to accept a solution. The Reason For Now.
Mark as Played

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