BP
As we rush towards our World War 3 rendezvous with destiny, aided and abetted by politicians placed in power by globalist billionaires hellbent on the destruction of our way of life, so they own everything and you own nothing, I can’t help but ponder who is to blame and could we have avoided this dystopian outcome.
After decoupling from gold, the national debt soared to $908 billion by 1980, inflation surged to 15%, and Volcker had to raise interest rates to 20% to avert disaster. What happened over the next forty years was mind boggling in its recklessness, shortsightedness, and acquiescence to the Wall Street cabal. These decade-by-decade increases were obscene:
1980 $908B 32% of GDP
1990 $3.2T 54% of GDP
2000 $5.7T 52% of GDP
2010 $13.6T 90% of GDP
2020 $27.8T 129% of GDP
Today $30.3T 130% of GDPThere is no conceivable way this debt can ever be repaid, therefore it will not. It’s just pure math, which the average dumbed down American chooses not to question or dispute.
No matter the solution, the people will bear the brunt of the pain and drastic diminishment of their standard of living. Those in control will position themselves to benefit from whatever scheme is implemented to eliminate the debt. The current trend of running trillions in deficits per year is unsustainable and already resulting in raging inflation, declining GDP, and pushing the world towards a global depression.
We’ve been on the road to perdition for a long time, but we came to a peak on that highway in 2019 and the path has been straight down since, with our chariot of fire accelerating at breakneck speed towards its final destination with catastrophe and ruin. The rise and fall of the American Empire will be far more rapid than the rise and fall of the Roman Empire. With the inept and reckless leadership in place presently, I only hope we still have a nation after they successfully provoke World War 3.
The gradually part of going bankrupt is over. Since the end of fiscal year 2019, our fearless leaders have added $7.6 trillion to the national debt, a 33% increase in less than three years. Meanwhile, the duplicitous Fed has added $5 trillion to their balance sheet, a 125% increase, while keeping interest rates at zero and creating a tsunami of inflation, crushing the poor and middle class.
At first it seemed outrageous to think anyone would want famine, starvation, energy shortages, economic depression, and global war, but watching the insane decision making of politicians, trumpeted by the Deep State bootlickers in the media, has convinced me this is chapter 2 in their Great Reset book of horrors.
Once you wrap your head around how vile, evil, and demented those who are pulling the strings behind this Great Reset are, your eyes are open to how far they are willing to go to institute their plan. It appears they will stop at nothing, kill as many people as necessary, create maximum chaos and pain, wreck any civic cohesiveness left, and destroy all moral and legitimate norms of society, in order to increase their control, power and wealth on this earth.
They hold all the cards. They control the governments, corporations, banks, legacy media, social media, entertainment industries, military industrial complex, sickcare Big Pharma complex, and the mental processes of the masses through their mind control/propaganda technology. Their hubris and arrogance have reached peak altitude and exuberance. They believe they are invincible. That will be their fatal weakness.
I know we would like to root for the good guys, but there are no good guys running any country on this earth. Only bad guys, willing to sell their souls, are ever elevated to positions of power. They are selected by oligarchs, not elected by the people. The western propaganda spewing media machine specializes in demonizing those they are paid to demonize (Putin, Trump, non-vaxxers), while glorifying anyone the ruling elite have chosen to use to further their agenda (Zelensky, Fauci, vaxxers).
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