When the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world.
For years I have been clear that the world is reaching the end of an economic, financial and monetary era which will affect mankind catastrophically for decades.
The world will obviously blame Putin for the catastrophe which will hit every corner of our planet. But we must remember that neither Putin nor Covid is the reason for the economic cataclysm that we are now approaching.
These events are catalysts which will have a major effect because they are hitting a gigantic debt bubble of a magnitude that has never been seen before in history. And it obviously takes very little to prick this epic bubble.
What is unequivocal is that all currencies will finish the 100+ year fall to ZERO in the next few years. It is also crystal clear that all the asset bubbles – stocks, bonds and property – will implode at the same time leading to a long and deep depression.
We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster.
So as is often typical for the end of an economic era, the catalyst is totally unexpected and worse than anyone could have forecast.
Just as nobody paid any serious attention to the warning that the Great Financial Crisis in 2006-9 gave the world, few people have taken Putin’s warnings seriously since the 2014 Maidan revolution in Ukraine.
When sh-t happens at the end of an excessive bubble era, it will always be the worst kind. And what can be worse than a major war that could develop into a nuclear and world war.
Sadly, wars are part of history and there is virtually no period in history without a war. Wikipedia lists around 40 ongoing wars and conflicts currently with most of them being relatively small and local. The majority are in the Middle East and Africa.
Wars are horrible at any level and Russia’s invasion of Ukraine certainly qualifies as another grim conflict that potentially could have been avoided. In the US backed Maidan Revolution in Ukraine in 2014, the Russian friendly Ukrainian President Yanukovych was pushed out. Since then, Putin has always made it clear that he could not accept being surrounded by a US and Western backed Ukraine as well as Nato members with missile systems pointing to Russia. The parallel with Cuba, Kennedy and Khrushchev in 1962 is obvious.
Whether anyone listened to Putin’s demands or not, he made it very clear that he could never let Russia be cornered in this manner. If the US and the West had focused more on critical diplomacy for the sake of global peace, things could have been different. But instead, all Western world leaders found nebulous and uncontroversial areas to agree on such as Covid, climate change, wokeism, rewriting history and creating unlimited genders.
Leaders also deliberately ignored the fact that the world was going towards an inevitable economic debt and asset collapse. Much easier to rearrange the deck chairs than to deal with real and emphatically catastrophic issues.
So Putin is now the number one enemy of the Western world since starting a war is always unacceptable whoever starts it. Lindsey Graham, a US Republican senator just suggested that Putin should be taken out! But Boris Johnson fortunately disagreed but suggested instead that Putin should be held to account at the International (Criminal) Court.
Fair enough, war crimes are always crimes and should therefore be punished.
But what is interesting to observe is that when the US with Allies start unprovoked wars in Vietnam, Iraq, Libya or Syria with hundreds of thousands of innocent victims, destroying the fabric of these societies and also leading to anarchy, no one calls for the US president or UK prime minister to be held to account.
Obviously, the world has never been a level playing field.
1 comment:
There seems to be so many who sit in positions of authority and influence who are literally dead set o**n **following the leader referred to as the god of this world. Because of the increasing level of lawlessness, and the love of many growing colder and darker, he who leads and influences the many directly towards the broad road that leads to destruction may think he’s in his heyday, in reality his time is drawing rapidly towards a horrific end that will have no end. Jesus Christ offers all who believe and trust Him and what he did on the cross for us, to enter a life of abundance, not of earthly abundance, but a life of quiet confidence and assurance, of things that truly matter. Not easy street, or your best life now. A love relationship that will never perish, spoil or fade. Eternal life. We receive Him (Jesus) by grace through faith. Tomorrow might be too late.
Post a Comment