This is Part 3.
Here is a post from a friend of mine:
I’m so screwed. I cannot afford $3500 a month INCREASE as opposed to $650. That’s such an increase I can’t even begin to understand.. and our buildings in a lawsuit. I’m so fked. How dehumanizing these rich fks and banks can just kick you out of your home and say SORRY you can’t live here cause you’re not rich enough. Well F y’all. SCREW the rich. I’m OVER everything. They’re locking us in here. And taking our homes right from under us. I am so beyond sick of you NEW YORK investors. I’m gonna have to end up doing something illegal or stupid AGAIN just to fucking LIVE.
What was I thinking? ‘yeah I can live here and afford this” NOT. Fuck everything
And some replies to this post:
I feel ur pain same shit happen 2 me
Hows that legal??? Go talk to a lawyer
apparently we have zero protection and a couple of rich investors from NY took over the board and boom were fked. They’re getting a 1.9 Million dollar loan from the bank. My total costs monthly is $3500 NOT including food, water, misc bills, GAS, ETC
I can honestly say I feel you….
I’ve got an 8yr old daughter and a dog and have had to live with friends and their family for going on two years now bc of this bullshit (plus my ex). They are wanting their home back to themselves (completely understandable) but I’m fucked bc I can’t afford anything else and due to the weird parenting plan it’s hard to find employment that pays enough and works with my schedule…..TN isn’t any better…..Shit is getting real, really fast….I’m with you on your current thinking too but can’t get too crazy bc of my daughter. I pray someone will help you or something will give, you don’t deserve this bullshit!🙏💞
I understand this completely. Last august a place I rented in Lake Worth for years tried increasing the rent from 1500 to 2500 in a year which was crazy. I found a nice cottage off 46th and Broadway which I’m 1 block from Broadway which is crazy and 1 block from the inter coastal which is peaceful for 1300. Now the scary thing is a new managment company bought the property a couple weeks ago and I need to find out what the next year lease is going to look like because I have a feeling which is happening to all of us down here a spike in rental prices going onto the 2nd year now. I feel for you but look around and you might find something that might not be ideal location but everything you need like in my case.
I bet it will be ridiculous. It’s such a shame. These investors are killing us. So are the banks. And thank you. Good luck to you as well 🙁
Here is a post from another friend of mine:
Mexico inflation at 21-year high, central bank seen hiking rates again
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And another post from her:
This was sent to some truckers in the N. East on May 5
‘HEARING FROM LOVE’S THAT THEY EXPECT DIESEL SHORTAGES TO HIT SOME OF THEIR EASTERN US STORES IN THE COMING WEEK”
I just spoke to a friend of ours, who owns the service station where we buy gas and diesel – I was told they placed an order for diesel. The guy , who takes the orders said their company was completely out of diesel and could not fill any orders for service stations and truck stops – I guess our farm tractor will be used only for dire emergencies now and remain parked in the barn. No joke we are thinking of locating some goats for sale to help keep the pastures under control at this time.
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And yet another post from her:
The BIS in Basel, Switzerland is the central bank to central banks all of which represent a giant vampire squid on planet earth. When CBDC accounts are opened directly by the public, the U.S. Treasury will be obsolete and powerless, as will our Congress that has responsibility to coin money. This means total control over currencies by one monolithic structure that sits out of reach from all governments. ⁃ TN Editor
The Bank For International Settlements Goes All-In For Central Bank Digital Currencies (CBDC)
And yet another post from her:
Don’t be surprised to pay $15.00+ for a loaf of bread this fall IF you can find bread. Input prices are 100% a barrier to harvesting EXISTING crop in the ground and right now it looks very bad.
KANSAS CITY WHEAT RISES BY EXCHANGE LIMIT TO $12.705/BUSHEL
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Here is a post from my friend from Australia:
Queensland, Australia 
This is it folks. Now entering the Metaverse.
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And some replies to this post:
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Melbourne Museum cash banned for use!!
Melbourne Zoo cash banned for use!!
Melbourne Cricket Club members have been issued with a cashless card to use at the Melbourne Cricket Ground
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American Express is to no longer accept cash deposit through Post Office as of June.
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Here is a post from a friend of mine:
Sri Lanka will be in the hands of the IMF
Sri Lanka to default on debt, no money for fuel, minister says
Sri Lanka currently has no dollars to pay for petrol shipments
Here is a post from another friend of mine:
8 minutes.
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Here is a post from a friend of mine from Australia:
🇦🇺AUSTRALIANS ON WELFARE, HEADS UP. YOU’RE FIRST TO TEST THE NEARLY FULLY AUTOMATED SOCIAL CREDIT SYSTEM THAT FINANCIALLY REWARDS AND PUNISHES YOUR BEHAVIOR VIA AN APP
(below copied from friend N.K)
As predicted, social credits and debits are rolling out. This post from Centrelink Info group:
Changes for Jobseekers
There is an overhaul of job search services that takes effect from the start of July.
Jobseekers will all transition to “Workforce Australia” instead of “jobactive”
Many jobactive providers have lost their contract to provide job seeking services and will cease at the end of June.
Some providers have been successful with a new contract and will be expanding their service under the new system.
Jobseekers will be assigned to either
- Workforce Australia Online (self managing, reporting online) or
- Workforce Australia Services (in person support via a service provider)
Jobseekers will need to complete tasks / activities and log them to gain points. Meet your points target to receive your income support payment.
The initial target will be 100 points per month for most people. Your points target can be modified/reduced based on your circumstances eg Principal carer parent, older age, location. You can bank up some points to roll over into the next month.
These links provide information about the new system https://jobsearch.gov.au/transition-to-workforce-australia
You can ask your current JobActive provider about what the changes mean for you.
You might want to ask - will this service continue in July
- will I be online or with a service provider
- what will my points target be
Please read through the factsheets attached before asking any questions in the comments. As this is a new system that hasn’t started yet, admin won’t have all the answers. But we’ll do our best to help.
And some replies to this post:
Knew they’d be coming for the people who stepped away from their jobs eventually who chose not to take the apple juice.
They have been doing this for awhile now. It’s nothing new. If you don’t comply or search for the amount of jobs you are designated your payments get cut off.
the name changes mean new underwriting and policies. Also, the consolidation of the providers into fewer hands means more centralisation
we have had this in sweden for years now, of course. a couple of years back I had 20% unemployment and before I realized the algorithms part I got a warning: the algorithm saw 75 lector posts, mostly in chemistry or math and full time, but I needed eng, and 20% of which there was none–still, the human could not remove the warning. After that I played the system and even created awareness about it, applying for all kinds of random jobs to fit the 8 a month quote (for 20%!) and then explaining to the humans who contacted me that it was mandatory for me to apply, that I’d be penalized if I didn’t and sorry for the inconvenience. No understanding from working people on this, as most think that control of the lazy unemployed is essential
👍 Here in Australia, our job searches have to be 20 a month if we are partially employed, even if a single parent of a child over 8 or so.
Login with Digital Identity? Gees they’re really steamrolling the WEF’s agenda
it’s not really the WEF agenda, because they came in later. This is the UN agenda. Many people still trust the UN and sustainable development, so WEF is taking the brunt of the criticism in order to deflect the criticism that these terrible things we are seeing is really the implementation of sustainable development/green economy. We see this in Norway, which has close ties to WEF and executes the great reset (sustainable development/green economy/ 4IR) with great zeal zeal. Yet, if you google the great reset in Norwegian nothing comes up from main stream media. And the politician Never talks about it directly ( except the former prime minister talked about BBB a couple of times, as far as I know).
This demerit system has been around for the last couple of years
And yet people still aren’t talking about it. Similarly, the Strong/ Resilient / Smart Cities were announced years ago and most people haven’t even heard the terms. The same goes for the Myki or whatever it’s called public transport card that replaced tickets that could be bought with cash. Which brings to mind the cashless tollways, the narrowed streets, the cameras in the CBD that were up WAY BEFORE Co1984…
Should be kicking in on Medicare and Medicaid recipients soon if not already.
How long before one reaches a specific age group that one is considered a useless eater……….
itll happen here in the USA. If you get government funding then you’ll be forced to get vaxxed and then total control. Looks like a mark of the beast scenario.
I did see the jab requirement in a government documented discussion for SS last year so it is already on the table.
SS and Medicare are actually YOUR money, that was confiscated from you during your working years. To withhold it for ANY reason is a breach of contract.
Here is a post from a friend of mine:
My trucks generally run 5-6 days a week, so we’ll just estimate on the low side and say 5. That’s $17,242.50. Last week was over $20k for ONE week, that I have to pay out of my pocket to try and keep not only my children fed, but those of my employees, and our country.
Mark my words, we are on a downhill slide to the worst recession our country has ever seen. If you don’t believe me, I implore you to do your research.
WATCH: Man who owns trucking company posts alarming warning on social media
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Here is a post from another friend of mine:
Oklahoma State Parks are Cashless. Pay-to-Park your vehicle via QR code.
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And some replies to this post:
SWIFT stated several weeks ago their system will be totally digital by 2025
In Mexico City they’re trying to push that with parking meters.
Same in Canal Place, the downtown upscale shopping mall here in New Orleans.
Interesting. I thought our taxes pay for the care of state parks?
your taxes fund war crimes and war criminal profiteering and sex trafficking, murder for profit…but please let go the delusion that your taxes are EVER ear marked anymore to ‘take care of state…anything at all’. EVERYTHING is commoditized and NONE of it belongs to ‘the people’ anymore, only the corporate state that OWNS what we call the US….
At lake george in ny state the parkng meters require smart phones and dog eat your lunch if you dont have room to download the parking app…even though the meters have coin slots quarters will not work.
Downtown Milwaukee is like this too.
It’s illegal and could be challenged – On every dollar note, it says ‘This note is legal tender for ALL debts, PUBLIC and private’. Cash dollars are still legal tender, and until that changes, there MUST be a way to use cash. Even if it means a machine to buy tokens that contain the QR code they want you to use. Someone needs to challenge this.
They’re working on that right now:
I never take my old hand me down phone with me anymore. It lives at home in a faraday bag in airplane mode.
After requiring people to wear a mask to come inside to do business with an agent, my credit union is trying to now make people take their hats off (baseball cap) to do business. I refused last week. It will be interesting to see what happens tomorrow when I go with cap.
I’m really getting fed up with all these random idiotic demands.
The visit this morning did not go well. The person who appeared to be the manager erupted from the back rooms when I declined to remove my hat, accusing me of bullying her staff, while I informed her that I would not remove my hat and would be filing a civil rights complaint. She threatened to close my accounts, which have been ongoing for close to fifty years way before any of the present staff were ensconced, if I did not comply. Ergo I proceeded to the police station to file the complaint and am awaiting a call from an officer, being completely fed up with the Covid con and all of the ancillary cons accompanying it.
one of our old hand me down phones was in a sock drawer, still charged, and when all this BS started, it got a government warning about the weather.
No Carrier.
No service.
We use it for pictures sometimes.
And we’ve never had government weather warnings.
I’m positive they’re making sure they can connect to any device no matter what.
Why are we being charged to park in a state park anyways? Our taxes go to pay for that already. Welcome to the world of being double and triple charged for everything….. pretty much anything they can I would say. We all know what happened with the roads. A small handful of politicians got rich and got their buddies rich while our road problems became decades old.
because our ahole supposed govt gave autjotity over our national Parks to the UN. UN Convention on Biodiversity. UN World Heritage sites. The Wildlands Project. This has been going- on for decades.
Rolling out here in Florida too. No park ranger at front gate. Utterly pathetic
Galveston is the same way.
The Pa Turnpike is now cashless. And I just had to download an ap to work which really pisses me off!
Here is a post from a friend of mine from Australia:
dropped a comment about his experience as a small business owner in a thread. I ‘badgered’ him to do a write up. It’s worth your time to read, it really is.
“Are you planning to ever escape corporate enslavement by starting your own small business?
Here is a very small taste of what looms under a full blown technocratic extortion racket – but it may be enough to open some people’s eyes to what some of us have been saying for a decade about the threat of Big Tech / Technocracy.
We run a very small private business (self employed basically) in the travel accommodation sector (along with transport, one of, if not THE most damaged by the Convid-1984 Big Corporate coup.) But even before the Convid-1984 black-op, there were disturbing hints of technocratic standover and overreach in these industries, arising out of Big Tech’s newfound position (imposition, by sheer mega financial clout) as middleman-gatekeepers of the market – likely not a complete coincidence that travel and transport (specifically the taxi industry) sectors were the first ones targeted by consumer booking apps, sales-pitched as “convenient”, about a decade earlier. There are anecdotal examples of taxi drivers financially ruined by the sudden arrival of smartphone bookings apps (not called Ober, Myft, etc) as their extremely expensive (6-figure) taxi licenses were rendered severely devalued or worthless almost overnight (Silicon Valley proudly uses the euphemism “disruptive innovation” to describe their violently rapid upending of established industry norms.) There may not yet be Big Tech apps monopolizing market access (gatekeeping) in every industry, and thereby “disruptively innovating” it – but rest assured there will be. I can speak more to the hotelier industry – i was told by one of our guests that he used to be in the business himself but it was ruined by the online bookings aps – became twice as much work for half the income so he folded it – and had to go work coding for a digital data company. [Which begs the question – where does “disruptive innovation” end? What happens when everyone is coding for tech apps disrupting real economic activity?] I’ve heard through the grapevine that many hotels collapsed under the weight of penalty free canceled bookings forced on them by one particular online booking giant (not called Fooking). We’ve personally not been that badly impacted but we have experienced a lot of time wasted and excessive revenue decreases due to these online booking apps.
And now, today the following. Not Fooking app has just added some sections to our business listing profile to complete. Firstly, they brazenly have a new interactive slider feature offering the “opportunity” (Orwellian corporate-speak for coercion) to pay them a higher commission to “maintain your visibilty” in customer searches. (I’d expect this to be illegal antitrust activity – abuse of market monopoly – but part of Big Tech’s business strategy is hiring armies of mercenary lawyers to contest local challenges in local jurisdictions – and we all know how the law works – the side with the infinitely deep pockets full of cash almost always wins.) As bad as this is though, the second is worse – and where it really starts to dawn what’s going on. They straight up asked; “Have you purchased certified carbon offsets?” Of course these would be total bullshit investment bank synthetic derivatives – a straight up standover payment to the banks which is what it’s ALL been about all along!!! [And no it doesn’t even matter if you believe the carbon narrative – it wouldn’t matter if they were coercing “homeless orphan offsets” – the point is they are coercing purchase of financial derivatives. It’s TOTAL BULLSHIT!!! The coercion comes in their strongly hinting that not answering “Yes” will get our listing demoted in their search result feed to prospective customers (and lying about it will get us delisted completely!. It’s STRAIGHT UP EXTORTION AND RACKETEERING!! What’s next? – “Upload proof of purchase of a $100,000 electric vehicle [from a company probably owned by a hedge fund] to maintain your high visibilty!”?!!!
Oh and finally, the duplicitous mofos have put “cashless payment ap”in the HEALTH AND SAFTEY section! Yeah that’s what it’s about eh?! Safety! Hah! Riiiight! Co-incidently cashless payment apps offer small businesses yet further opportunity to pay commissions to intermediate fintech app gatekeepers (probably owned by Hedge Funds), and even better – to have your payment account terminated for any reason they like (such as speaking against certain political candidates in the pockets of hedge funds and banksters. Capisce?)
This is the new environment for small business – in effect you will have to do everything their way – which means you don’t really run your own business – you’re just a contractor to them and their way. In the analogue era, a quarter page ad in Yellow Pages was all you needed – a one off fixed cost annually and you could run the show your own way – now you can expect to pay these extortion apps 25%-50% of your net income (depending on your margins) – heck with the race to the bottom that their “convenient” PAY-US-MORE slider widget enables we could all end up paying them 99% of net income to move from page 7 to page 6 of the search results AND comply with their bullshit self serving compliance rules – or be delisted). This be some of that 4IR “convenience and prosperity for all” bullshit their PR agencies waxed lyrical about in the past. Pffff!”
Here is a post from a friend of mine:
Workers are experiencing the biggest decline in years in inflation-adjusted pay. Wages are up 5.1% in past year. Inflation is up 9.1[+]
The Labor Dept. calculates that workers had a -3.6% inflation-adjusted decline in pay in the past year [that’s seasonally adjusted].
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Here is a post from a friend of mine from Australia:
Subscription based living. Your entire life will be an Amazon account. Social Environmental Governance METRICS–value of your behaviour determined by algorithms–will be your currency. This example shows the granularity of this operation. Are you wondering about how heating your home, or water, will go? You ought to be!
■~■~■~blockchained~■~■~■
■~■~■~SOFTWARE BLOCK~■~■~■
■~■~■~Digital I.D.~■~■~■
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And some replies to this post:
“It’ll never be a widespread industry trend.”
*the majority of major manufacturers announce shifting to solely electrical vehicle platforms in a finite timeframe*
“It’ll never be forced onto us.”
*both major parties discuss the transition as inevitable*
“It’ll never affect how things get done in the real world.”
*Australia’s Capital Territory announces to ban all internal combustion engines by 2035*
“But they’ll never control how we drive.”
*all new cars in Europe must have a speed limiter*
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It’s not just BMW. I was told by a salesman at a dealership that Lexus would be doing this as well. They all will eventually. The argument is that the cars will be easier to build that way. Then you can just pick what you want and what you don’t.
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Where I live this is already in place and has been for years. All energy appliances (water heater, propane and oil tanks) are rentals on a monthly basis and the fees keep climbing.
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Wait till all the people work out the solar systems they had installed to save money will be turned off remotely……smart meter? Dumb consumer…….
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Can’t we just disconnect from the grid and use batteries in that case?
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that’s a question you should ask your retailer……but personally, I doubt it. Once you opt in, your in. They will still charge a supply charge even when there is no service……i always think of council and service rates on vacant blocks……..what are they for exactly? Tenancies in usurfruct
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for me here in Texas that is currently the case. I am unfortunately hooked to the grid and pay service fees for electricity even though I make more energy than I use (so far). I couldn’t afford the expensive batteries yet to get off the grid. I found an energy company who has a one kwh to one kwh buyback on my power but some will buy it for less than you pay for theirs. Unfortunately you don’t get paid for your excess production in Texas, but some companies allow you to accrue credits (which I will need in the less sunny months). My electric bill was about $3 and my monthly payment on the solar panels is about half what my electric bill used to be. What I pay them won’t go up with the electricity rates, so it’s supposed to be a better and better deal, since my electricity bills would be going up. I can’t wait to get off the grid entirely and grow most of my own food; it feels urgent.
Texas’ “snowmaggedon” and energy crisis was caused by our overdependence on wind power and ERCOT’s failure to winterize the windmills. We are such an energy rich state. It made us all SO angry. Especially since we went off the US grid, knowing we could be energy independent. We were supposed to be better off but their greed and mismanagement made us a laughingstock.
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‘Subscription model will drive Apple’s $3T market valuation, analyst says’
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Here is a post shared by her:
Coming soon to every hamlet. Wait until you can’t buy food at your local geofenced grocery store without your digital ID QR code leash. The normies still don’t get it. Hunger is a good teacher.
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Here is a post on her well:
It’s begun: Large bank and its chains in Ireland going cashless
https://www.independent.ie/business/personal-finance/latest-news/revealed-the-full-list-of-aib-branches-to-go-cashless-this-year-find-out-if-your-branch-is-affected-41851581.html
https://hugotalks.com/2022/07/20/⚠-warning-🇮🇪-ireland-banks-going-cashless-hugo-talks/
Here is a post from her:
Major Bank in Ireland Changes Heart: Will not be going cashless (for the time being).
Let’s clear up a few of the misleading statements made by the MSM–whose reason for existence–IS to mislead.
AIB didn’t rescind their cashless plans because of topical “backlash from farmers,” or retailers, or vulnerable people, or grannies protesting about the inability to gift cash to their grandchildren. [Cherry-picked innocuous articulations are the ONLY arguments ever presented by the sοcίαΙ engίneers]
Does the bank care that real people were going to be inconvenienced?
-NO. Please reflect on the last 2.5 years of INCONVENIENCE. DISRUPTION is a key component of the Great Reset. The Resetters REQUIRE upheaval, confusion, frustration, and chaos to implement their ‘solutions.’
Do they care that a proportion of their customer base was going to withdraw their funds?
-NO. The New Normal Data Economy will be cashless and won’t depend on traditional deposits of income and liquid assets. The financial economy has been completely “reimagined” and is based on evaluating earth’s material resources, energy, and “natural processes,” such as cαrβοn sequestration.
Transactions will be at the mercy of the programmers of programmable money: A TOKEN economy (think of gift cards which limit how, where and what you can purchase). Moreover, the paradigm of currency–as we know it–will be completely replaced with CURRENCY OF BEHAVIOUR, NOT LABOUR. In English: we won’t have money, we’ll transact with a points system of credits and demerits according to our Social and Environmental footprint.
So why the backflip?
– DATA METRICS observed by the Internet of Eyes and Ears. AIB was a test case, ie., a trial balloon that didn’t pass the test. It rattled the complacency of too many people. People who had accepted all the health rheτοrίc, without much ado, finally peaked-out from their hiding place under their bed because NOW THINGS GOT PERSONAL. To paraphrase someone in the world: You can lie to people about many things, most of the time, but not everyone all the time.
It has always been apparent that the public will defer medical decisions to ‘experts’ and not comprehend that ‘the cure’ they’ve taken actually caused the next problem. But, when it comes to losing money, their senses are better attuned; it’s less personal, less ambiguous–even–less tolerable!
The ‘temperature reading’ of the public gauged too many people entertaining thoughts of cοnsρίrαcy τheοries. Planted 2 years ago, those seeds about cαshΙess society got a good watering. This is an ίnfοrmατίοn ωαr don’t forget.
Why AIB in Ireland ?
Western enough to extrapolate from
Large enough for quantitative numbers
English speaking so that it would land on the international stage
Yet small enough to be relegated to ‘blunder status’ of an unimportant bank, in an unimportant country, and thus forgotten quickly if things went wrong
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Here is a post from another friend of mine:
US Dollar’s days are numbered …
The central banks of five Southeast Asian [SEA] countries have agreed to link their payment systems by November of this year, in order to allow for easier transactions, bypassing trade settlement in USD.
And another post from her:
Israel Bans Large Cash Transactions, Requires Digital Payments:
Israel just banned using cash for purchases larger than $1,700 and instead requires use of digital transfers or debit cards.
Prior to this, cash transactions were capped at $3,200.
Is the USA and Europe next?
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And yet another post from her:
Bangladesh becomes the latest country to approach the IMF for a multi-bullion dollar loan as it struggles with rising fuel and electricity costs… Bangladesh has a population of 165 million people… Historically the strings that come attached with the IMF have always been toxic.
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And yet another post from her:
The Bank for International Settlements (BIS) was established to collect and disburse Germany’s World War I reparation payments, but by WW2 it was the primary war spoils money laundering operation for the Nazis — the irony is always rich with these sociopaths — and is today effectively the world central bank, or the bank of central banks. The BIS is the controlling node for all of the other central planning entitles such as The Fed, ECB, BOJ, etc. It controls most of the transferable money in the world, which it uses to drive sovereign governments into debt on behalf of the IMF.
Ironically, the BIS General Manager happens to be a man whose lack of impulse control as it pertains to his eating addictions directly carries over to his insatiable compulsion for tyranny: “We do not know who is using a hundred dollar bill today.”
And yet another post from her:
The National Football League’s Atlanta Falcons and Denver Broncos are trialling biometrics for concession payments and fan entry.
According to the Atlanta Journal-Constitution, Mercedes-Benz Stadium, home to the Falcons and soccer team Atlanta United, plans to trial biometrics with 50 to 100 season ticket holders in the club-seat section.
The trial, which is voluntary, will use facial recognition to identify people and how many tickets they have. The technology could be extended to cover automated purchases at concession stands, restaurants, and bars.
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And yet another post from her:
Half of all US companies plan to implement job cuts
PwC survey
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Here is a post from a friend of mine from Canada:
That’s good news for the predator class. This was not a fluke. It was the main feature of the lockdown fiasco.
Nothing is going back to where it was. They will not allow it. This is controlled demolition by design, so they can “build back better” a different world of their own liking.
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Here is a post on the wall of a friend of mine:
So this past week we went to the science museum in St Paul. One old man greeted us and told us we needed to buy tickets ahead, online. So we stood at entrance, bought tickets on our phone, then went to the QR code reader and scanned phone to get in. Not one real map, not one real ticket booth with a human, all “smart” all very cold feeling, inhuman. Hated it. My 11 year old year old liked it, but it was a one and done for me. I fear everywhere will be like this. So not normal.
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Here is a post from a friend of mine:
The Great Reset is proceeding according to plan and on schedule.
NEW – French President Macron proclaims the “end of abundance,” cites sacrifices to “defend freedom.”
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Here is a post on the wall of a friend of mine:
The crisis is Capitalism.
Everything we’ve been through in the last 2.5 years is the direct result of the 2008 financial fiasco.
Obama rewarded and bailed out the criminals with YOUR TAX DOLLARS, NEVER HELD THEM TO ACCOUNT leaving them FREE TO GO ON AND COMMIT A BIGGER CRIME SPREE.
Let’s be very clear: this is an ongoing ClassWar, and they’re playing for all the marbles.
••••
“What we are in the midst of is a planned total economic collapse.
This economic collapse was inevitable, Western governments are putting the security infrastructure into place, trying to proactively control the inevitable social disorder which will result from this collapse. To be followed by a global financial reset, after a period of hyperinflation, which destroys both the value of debt and the corresponding paper claims.
(…)
The collapse started in 2008 and attempts to salvage this corrupt economic system only delayed the inevitable. In the Fall of 2019 the crisis began to rapidly unravel again.
There was a dramatic decrease in industrial production which showed up in the banking crisis of August of 2019- the so-called Repo crisis when suddenly banks started to refuse US sovereign debt instruments as collateral of overnight loans forcing the Federal Reserve to step in and basically print money to cover this massive shortage.
The Repo market is where banks borrow money each day so that they have 10% liquid assets at the end of each day. If they do not have 10% liquid assets they are not allowed to open the next day. Around the middle of September the Fed started pumping $20 billion per day into the Repo market to keep interest rates down so banks could borrow the money to stay in business. By the end of December the Fed was pumping over $100 billion per day into the Repo market and it was not enough.
Simply everyone on Wall Street was loaded with enormous debt and was holding on to US cash to be able to service it refusing to finance purchases of foreign currencies and then US currency as Repo Market froze at 10% interest on overnight Repo loans as US treasury bonds and even US bills were rejected as collateral for Repos.
What happened in March 2020 was just the spread of the liquidity crisis from primary dealers markets (TBTF banks and Hedge funds were actually bailed out in September) toward all other stock, commodities, bonds CLOs, MBS etc, as well to Ponzi schemes called today ETF funds, not to mention structured derivative products traded on proprietary platforms nominally representing up to several thousands of $$$ trillions.
When US treasury bonds and even USTB became illiquid due to exponential growth of public (but most of all private) dollar debt while the FED was sucking up cash from financial markets by tempering QE (called QT) between 2017 and 2019 reduced FED balance sheet from over $5 T to $3.9T by selling assets, all hell broke loose. Something drastic had to be done.
And hence the FED started to “buy all worthless shit for double the price”, Gates’s and Silicon Valley gang took over the media, and Orwellian shrinks and doctor Fauci-Mengeles came to the “rescue” unleashing operation CO VID.
CO VID phenomenon cannot be understood without understanding the un-televised 2019-2020 unprecedented financial collapse threatening the entire global financial system. The CO VID fraud timing became necessary as the world markets were faced with an emergency debt crisis that popped up in formerly mostly liquid markets: Repo markets, money markets and FX markets.
The entire House of Cards was falling for six months and could not be stopped so CO VID hysteria was manufactured to cover up what amounts today to $11 trillion of FED bailout in cash, stock boost via POMO and guarantees of value of collateral used in structured derivatives. The end game is that the central banks (Fed) will buy all the toxic, worthless debt from the hedge funds and banks, including the 1.5 quad trillion of derivatives, and then transfer the debt to the treasury as sovereign debt. Then print money to infinity to service the fictitious debt to sink the dollar via hyperinflation and then foreclose on the US and everyone else holding debt in worthless dollars.
That’s the coup. There will be global hyperinflation to vaporize the assets of the masses and the states- as soon as the ruling class mops up the last properties. What this means is the ruling class have limitless claims on everything in the world. Simply put, the seasonal [co ro navi rus] was rebranded as Co vid on the back of a redefinition of what a ‘pand emic’ was by the W H O at the bequest of its financiers. This unlocked access to financial incentive programs that were large enough to bail out every failing economy.
Co vid is the final heist to strip all value out of the world in an effort by the creditors to consolidate what they believe they’re owed.
These governments know full well that “Co vid” is being used as cover for crashing the economies in the Western world. There is not now and never has been a “pand emic”- that is all Kabuki theater to disguise the reality of the rapid economic decline brought on by the Ponzi Schemes of financial institutions over the past few decades”
https://celiafarber.substack.com/p/covid-is-not-an-epidemiological-story
And some replies to this post:
“It can’t be too comforting to the Fed that the same banks that cratered the global economy in 2008, and required a mind-blowing $29 trillion bailout, have a lot less capital than they had one year ago.
As of last Friday’s closing prices, five U.S. megabanks that constitute the core of the U.S. financial system have $300 billion less common equity market capitalization than they had one year ago on June 10, 2021.”
“Yes, the top 9 headlines on Google News just after the close of the stock exchanges in NYC today, were all about the Jan. 6 sideshow currently playing in Washington D.C.
The 10th story was about the weather.
So the beginning of the financial apocalypse did not even make the top 10 headlines today in the corporate news media (unless it was a financial media outlet).”
“The largest indicator that this financial apocalypse could no longer be hidden from the public came last week when JPMorgan Chase CEO Jamie Dimon, the most influential banker in the world, announced that we were facing a financial “hurricane.”
To be sure, he was not warning the public, but his Wall Street buddies and fellow bankers, that it was time to move on to the next phase of The Great Reset.
The entire financial system is on the brink of collapse, along with our fiat currency system and the U.S. dollar, which is all based on debt management and the Keynesian economic philosophy.
Many who understand how corrupt this economic system is, prefer the Austrian theory of economics and strong currencies which are not “fiat” currencies issued by Central Banks whenever they want, backed by nothing other than the reputation of those creating the money, but sound money backed by real assets, such as gold.
Richard Nixon took the United States off of the gold standard in 1971, and many believe we have been accelerating our economic demise since then, while others will go back further to the beginning of the Federal Reserve itself in 1913.”
Yep, all of it is on point, but especially this, which so many people are missing:
“The end game is that the central banks (Fed) will buy all the toxic, worthless debt from the hedge funds and banks, including the 1.5 quad trillion of derivatives, and then transfer the debt to the treasury as sovereign debt. Then print money to infinity to service the fictitious debt to sink the dollar via hyperinflation and then foreclose on the US and everyone else holding debt in worthless dollars.”
John Titus, Best Evidence, has some great analysis on the coup that occurred in 2008. Of course, the neo-liberal project began decades before, but it was at this juncture that an all-out financial coup occurred.
David Harvey wrote a great book on neo-liberalism and dedicated a chapter to NYC as a model for domestic policy when the City was teetering on bankruptcy in the 70s. It’s a text book example of how it works and I think it serves as the basis for smart cities/school models/4IR.
Crucial to point out that this total planned economic collapse is all happening from the midsection to the bottom. no one at the top is suffering, they’re banking record breaking profits and screwing the pooch six ways to Sunday… It’s not actually a total economic collapse it’s a fucking robbery
I am a member of the class of 90+% about to take a bath. This entire string of posts is the most reasonable explanation for the past several years events as I’ve run across. It’s also a reason why they don’t give a s*** about the environment or Justice or human rights. It’s all going to be delineated by wealth.
Here’s a post from a friend of mine:
And so it begins…
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Here is a post from another friend of mine:
Stores turning off lights in Rome due to 500% increase in power bills. Some are also turning off their refrigerators and removing those types of food items because it costs too much to keep them cold.
And another post from her:
This is beyond imagination’: Poland homeowners are lining up for days, sleeping in their cars to buy fuel — and coal stocks are still white-hot due to the demand
https://finance.yahoo.com/news/beyond-imagination-poland-homeowners-lining-145000583.html
And yet another post from her:
Trisha Cunningham, CEO of NTFB, told CBS News that demand for her food bank “is worse than a couple of years ago — we are serving now at higher levels than we even did at the peak of the pandemic.”
“Worse Than Couple Years Ago:” Food Bank Demand Spikes As Inflation Wrecks Households
And yet another post from her:
“A Structural Rapture” – German Companies Shutting Down In Response To Record Energy Prices
And yet another post from her:
In Belgium electricity is now 57.2% more expensive than a year ago; natural gas is 106.9% more expensive than last year in August
And yet another post from her:
Corporate landlords like Blackstone are gobbling up mobile home parks and rapidly driving up rents — here’s why the space is so attractive to them
https://finance.yahoo.com/news/corporate-landlords-blackstone-gobbling-mobile-174500027.html
And yet another post from her:
A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Peloton to Snap.
https://www.yahoo.com/news/wave-layoffs-sweeping-us-firms-181948448.html
And yet another post from her:
Breaking: Protests and blockades break out across Haiti due to high prices, deteriorating living conditions, endemic crime and to demand the resignation of the Prime Minister
And yet another post from her:
British pubs could be forced to close because of massive increases in energy prices
AFP
And yet another post from her:
“My mum owns a small café in Leicester. Her electricity bill has just jumped from £10k ($12k) a year to £55k ($64k) a year.
She is working out her options but more than likely she will be forced to close.”
And yet another post from her:
https://finance.yahoo.com/news/putin-slashes-gas-supplies-france-065842532.html
And yet another post from her:
Massive protest in Ukhia in southern Bangladesh against soaring fuel prices, food prices, cost of living and long daily power cuts
And yet another post from her:
Protesters in Italy are now burning their electricity bills to protest against soaring energy prices – Protests escalating
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And yet another post from her:
BREAKING: We are now adding Indonesia to the long list of countries where social unrest is breaking out… Sky-high fuel prices and cost of living issues… the world is on the verge of breaking down…
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patriotmongoose 