Thursday, May 26, 2022

Four Converging Forces To Destroy The Economy

Ed Dowd: The Four Converging Forces that Will Destroy the Economy

Alexandra Bruce 



“It’s a supply chain issue, it’s an energy policy issue, it’s this ESG nonsense…I think we’re going to see an absolute collapse of credit and the economy…the tyranny of the bond math is such that they can’t raise interest rates without collapsing the whole system.”

Bannon adds, “You have asset deflation at the same time you have runaway – maybe even getting into hyperinflation…on top of a supply chain…collapse that’s been brought about by policies over 40 years…On top of it, you’ve got this radical Green New Deal thing that they’ve killed energy. 

“Those four converging forces are what makes this unique. I gave a speech the other day and laid this out, I told these people, I said, ‘Look, the scale of this problem has never been addressed anywhere. This is going to make 1932 look like a church picnic.’”

Dowd agrees and says the Fed can’t raise rates and that’s why a new monetary system’s coming and everything else is just “smoke and mirrors”.

Bannon says, “We’ve had the managed decline of the nation by our elites. What they have turned out to get wrong, as they’ve consolidated wealth was these policies and how these policies work against each other.” 


Bannon says that in the imminent collapse, it is we who will be the collateral damage. “This is why economic populism [Trumpism] is the only solution for the nation. There’s not another solution…This is why 50% of the Hispanics want to join us, 33% of the African-Americans are going to join us. They’re going to join us because they understand that we actually have an economic program that’s not going to leave the American People as the collateral damage.”

Dowd says, “Obviously, they’re setting the stage for a new monetary system, all this talk about Central Bank Digital Currencies – China’s trying to launch one. So, there’s a new system coming. We have another Bretton Woods coming ahead of us. The question is, who controls how that is formed and shaped?

“And I suspect that all this monkeypox nonsense and all these ‘variants’ we’re going to see into the fall elections are going to be designed to provide cover for the economic collapse…

“There’s all sorts of shenanigans going on and we need to take charge of what’s going to form on the other side…

“You just have to understand that the central bankers and politicians have bankrupted the world and a lot of the things you’ll see in the media are distractions to cover that and COVID was a convenient excuse to cover the implosion of the credit system…

“This recent monkeypox nonsense…I suspect they’re going to try to lock down the economy right before the elections…



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