Economic collapse!
Posted on 03/06/2021 4:24:39 AM PST by MtnClimber
The U.S. has had a slew of black swan events of late. The next one could be the worst.
The U.S. has had a slew of black swan events of late. For the purposes here, I'll define a black swan as having the following characteristics. First, it disrupts the equilibrium of society. Second, it is not commonly foreseen, and, if discussed at all prior to happening, it is discounted as highly improbable. Thirdly, in retrospect, the black swan seems to have been inevitable. I'm sure Nasim Nicholas Taleb would not object to such a description.
In chronological order, the black swans we've experienced in just the past five years are:
1) the surprise election of Donald J. Trump in 2016,
2) the Chinese-induced pandemic and the anti-science response of most government officials to it,
3) the acquiescence to and even open encouragement of the Antifa and BLM riots in the summer of 2020 by large segments of the Democrat party, and
4) the boldness and success of the election coup of 2020.
Each of these in its own way permanently changed the country. Of these four, only the first one — the election of Donald Trump — had a positive effect. The other three left America seriously damaged. Given the shape of the country, what has already transpired, and the deep polarization within society, there are more potential black swans on the horizon. The one I'd like to focus on is the financial shape of the government.
The current U.S. federal debt is over $27 trillion for a country with a GDP of $21 trillion. This is more befitting countries like Greece and Italy than the United States. And each year, our illustrious government continues to spend trillions more than it takes in.
(Excerpt) Read more at americanthinker.com ...
Here is how the top five fat cats made out in terms of wealth increase and as a percentage growth in their wealth during this past year of pain: Jeff Bezos — $76.3 billion (67.5%) Elon Musk — $158 billion (642.4%) Bill Gates — $25.7 billion (26.2%) Mark Zuckerberg — $41 billion (75%) Warren Buffett — $24.2 billion (35.8%)
Title is Raciss!!!
The election of Hussien in '08.
My bet is on double digit inflation and large numbers of unemployed or underemployed.
Your right! What about all the other birds?
They are either opportunistic a-holes taking advantage of other people's pains, or they ARE part of the group that caused a;; the upheaval and pain. Looking at things, I think it's safe to say they are both, especially Bezos, Gates, and Zuckerborg.
Economic collapse!
The Uniparty (R) kingpins are making out great too. Although McConnell’s wealth isn’t into the multiple billions yet, his destruction of MAGA will likely earn him his first billion. His shipping company will transport any temporary results of MAGA back to China.
I believe there will be some violent act involving firearms that will be strategically used to call for gun control and possibly succeed at gun registration or even confiscation. It will be an event where, like Dick’s and Walmart, many financial institutions and other corporations will black ball the firearms industry and anyone or anything connected to it, effectively shutting down the purchase of ammo and the buying and selling of firearms.
The biggest Black Swan coming, and it is, is the day the US dollar is no longer the world reserve currency.
On that day all our follies will come calling.
"So dey went with da Black Swan instead."
“The biggest Black Swan coming, and it is, is the day the US dollar is no longer the world reserve currency. On that day all our follies will come calling.”
Yep, people have NO CLUE as to what our debt is at this point, and what that means...they just continue to live in normalcy mode and figure we can go on like this forever. And don’t forget what happens first when a currency does start to collapse - currency controls! No longer the freedom to move out of the US dollar to (relatively) safer pastures.
My money is definitely heading out of the country, along with myself, at least as soon as I can get my passport renewed.
Not sure how Musk or Buffet made money off of lockdowns. Gates, vaccines? Zuckerberg did well due to lockdowns I’m sure. Still, people choose to go on that site. Bezos already had the perfect business for a lockdown.
The lockdowns were done by mayors and governors. Here in MO, aside from a few weeks last year, life has been normal. I’ve gone to the same stores as always and don’t wear a mask. Giving people an extra $600/wk unemployment probably helped Bezos.
I don’t see what this guy’s angle is with the top 5. Jealousy? Apples and oranges and bananas comparison. Buffet has always been rich from investing. Nothing to do with anything. Gates, Zuck and Bezos all have the creepy factor in common.
“I believe there will be some violent act involving firearms that will be strategically used to call for gun control and possibly succeed at gun registration or even confiscation.”
I’m surprised we made it this far. I thought the Deep State was more efficient in activating their false flags. Anyway, the Left is taking a risk here, since the Democrat (and Republican) votes for full-up confiscation will get harder by the week, as the next election looms closer (now 20 months away).
If you know the lockdowns are coming you can put your sizeable investments into shorting companies tat will be hurt. Then, when you have inside information on reopening plans you switch into long investments on companies that will benefit from the new plans. Some of their businesses may have benefitted from the lockdown like Amazon, Google and Fakebook.
“...they are part of the group that caused all the upheaval and pain”
Yes. This. Check this out from Rockefeller foundation written in 2010. This one is annotated to highlight the plans of the “masters of the universe” (credit to Sundance for this phrase). The “scenario” of the 2012 pandemic predicts the 2020 plandemic and the responses to it too accurately to be coincidence.
The annotations are helpful for a quick look at the document’s underlying true agenda.
Here is my take on it:
These “scenarios” are actually road maps for the tech oligarchies to use to plan and implement the New World Order that they themselves will rule over. The “black swan” events are being released to occur more frequently and ARE orchestrated purposefully. These are predictions laid out based on various possibilities on how things will play out depending upon national and government reactions. The pandemic sure does look orchestrated - the only difference of course is that the theoretical pandemic was placed in the year 2012.
One other thought - running throughout this chilling document is the implication that those in power (the elites) writing the document are already in complete agreement that technology will be used by those in charge to mold the world as they see fit under the guise of “helping the poor”. It is not mentioned, rather it is just taken for granted that the “masters of the universe” already all agree on the coming New World Order and there is not a question of if, rather it is a question of when to implement their plans. This is a code for those in charge on how to proceed.
These are just symptoms of late empire. They shouldn't be called black swans since they show up in history rather predictably.
Look on the bright side: If you live in America today, every day gets better than the next.
COVID is classic black swan.
My bet is on double digit inflation and large numbers of unemployed or underemployed.
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Anyone who doesn’t think there’s inflation hasn’t priced steak at the grocery store recently.
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