IS THE U.S. BANKING SYSTEM SAFE? – 15 YEARS LATER

“We’ve got strong financial institutions…Our markets are the envy of the world. They’re resilient, they’re…innovative, they’re flexible. I think we move very quickly to address situations in this country, and, as I said, our financial institutions are strong.” Henry Paulson – 3/16/08

The next financial crisis: Why it looks like history may repeat itself Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis

“I have full confidence in banking regulators to take appropriate actions in response and noted that the banking system remains resilient and regulators have effective tools to address this type of event. Let me be clear that during the financial crisis, there were investors and owners of systemic large banks that were bailed out . . . and the reforms that have been put in place means we are not going to do that again.” – Janet Yellen – 3/12/23

With the recent implosion of Silicon Valley Bank and Signature Bank, the largest bank failures since 2008, I had an overwhelming feeling of deja vu. I wrote the article Is the U.S. Banking System Safe on August 3, 2008 for the Seeking Alpha website, one month before the collapse of the global financial system. It was this article, among others, that caught the attention of documentary filmmaker Steve Bannon and convinced him he needed my perspective on the financial crisis for his film Generation Zero. Of course he was pretty unknown in 2009 (not so much anymore) , and I continue to be unknown in 2023.

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Central Bank QE

Guest Post by Martin Armstrong

The Fed was “directed” by the White House to carry out QE during World War II. They were to prevent interest rates from rising and the debt rose. That finally led to the Federal Reserve breaking with the White House after the war when they expected it to continue for the Korean War. That is when the Fed asserted its independence.

This time, we may have a different problem. As the war unfolds in Europe, the capital will flee as usual to the States. But the money supply will have to increase because the dollar will become the only viable currency still standing. That is why you are witnessing the pound and the euro collapse. Things will unfold differently this time. The Fed has been raising rates to fight inflation that will fail because this has to do with shortages – not speculation.

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GRADUALLY, THEN SUDDENLY

“How did you go bankrupt?” Two ways. Gradually, then suddenly.”
― Ernest Hemingway, The Sun Also Rises

Gradually, then suddenly”: How the Protecting Our Democracy Act addresses institutional decay | ACS

“I do not say that democracy has been more pernicious on the whole, and in the long run, than monarchy or aristocracy. Democracy has never been and never can be so durable as aristocracy or monarchy; but while it lasts, it is more bloody than either. Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide. It is in vain to say that democracy is less vain, less proud, less selfish, less ambitious, or less avaricious than aristocracy or monarchy. It is not true, in fact, and nowhere appears in history. Those passions are the same in all men, under all forms of simple government, and when unchecked, produce the same effects of fraud, violence, and cruelty.” – John Adams

Hemingway’s famous quote about going bankrupt connects with so many because it is true on a personal basis and a civilization basis. It applies to individuals and empires in decline – like the American democracy. John Adams realized two centuries ago democracy was no better than monarchy or aristocracy over the long haul. We were handed a Republic by Franklin and his fellow revolutionaries, but we failed to keep it almost from the very birth of this nation.

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.

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WILL THERE BE A 2024 PRESIDENTIAL ELECTION?

“All tyrannies rule through fraud and force, but once the fraud is exposed, they must rely exclusively on force.” George Orwell

Vanessa E. Thompson on Twitter: "Just a reminder..." / TwitterEvil Assad, Evil Gaddafi, Now Evil Putin: How the West Sells War (and Makes a Killing) | Groupe Gaulliste Sceaux

“Every war when it comes, or before it comes, is represented not as a war but as an act of self-defense against a homicidal maniac.” George Orwell

The smell of tyranny is in the air. The level of propaganda, disinformation, and mistruth has reached astounding heights, as the ruling oligarchy/Deep State/globalist cabal are thrashing about violently because their frauds are being exposed on a daily basis. This shift to the tyranny of force has massive implications for everyone on the planet. When every quote from Orwell’s 1984 applies every day to everything swirling around us, you begin to realize we are in the midst of a dystopian nightmare which gets more ghoulish by the day.

The last two years have been a fraud of epic proportions, conducted by a cadre of evil money titans, their financial, media, and medical apparatchiks, with the objective of tearing down our existing social and economic structure and “resetting” the world where they own everything and you own nothing, eat bugs, and provide the slave labor needed to keep society functioning. Of course, this will be after they dispose of tens of millions of useless eaters through their Covid/Vaxx scheme, global war, and mass starvation.

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FOURTH TURNING 2022 – BAD MOON RISING (PART 2)

In Part 1 of this article I laid out how the global elite have used this covid flu to manipulate the weak minded into a fear induced mass psychosis as a key element in their Great Reset plan to control the world and keep you technologically enslaved under lock and key. Now I will try to decipher how this mass hysteria might play out over the course of 2022 and beyond.

“Americans today fear that linearism (alias the American Dream) has run its course. Many would welcome some enlightenment about history’s patterns and rhythms, but today’s intellectual elites offer little that’s useful. Caught between the entropy of the chaoticists and the hubris of the linearists, the American people have lost their moorings.” Strauss & Howe – The Fourth Turning

Federal Reserve Just Declared the American Dream is Dead for Most Americans

“The most effective way to destroy people is to deny and obliterate their own understanding of their history.” ― George Orwell

The American Dream, where all Americans, no matter the circumstances of their birth, had a legitimate opportunity to live a better life than their parents, based upon their own intelligence, work ethic, and good fortune, is an illusion in today’s world. The ruling elite have stolen the wealth of the nation and its citizens. This was not an accident, but a plan implemented over many decades, accelerating after Nixon closed the gold window and opened the door to unlimited amounts of debt being created out of thin air and backed by nothing.

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LIVING IN A POTEMKIN WORLD

“Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right.”George Orwell, 1984

“Don’t you see that the whole aim of Newspeak is to narrow the range of thought? In the end we shall make thoughtcrime literally impossible, because there will be no words in which to express it.”George Orwell, 1984

I never thought I would experience the dystopian “fictional” nightmare Orwell laid out in his 1949 novel. Seventy-two years later and his warning about a totalitarian society, where mass surveillance, repressive measures against dissenters, mind control through government indoctrination and propaganda designed to convince the masses lies are truth, fake is real and the narrative can be manipulated to achieve the desired outcome of those in power, have come to fruition.

Everything is fake. I don’t believe anything I’m told by the government, the media, medical “experts”, politicians, military leadership, bankers, corporate executives, religious leaders, financial professionals, and anyone selling themselves as an authority on any subject matter. We are truly living in times of mass deception, mass delusion, and mass willful ignorance.

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THERE ARE NO SOLUTIONS (PART TWO)

In Part One of this article I described the circumstances which make it impossible to change the system from within. The past year should put the final nail in that coffin. Now on to what is in our control.

“Experts agree that it is only a matter of time before one of these epidemics becomes global—a pandemic with potentially catastrophic consequences.” – Center for Health Security – October 2019

Event 201, a pandemic exercise to illustrate preparedness efforts

The boldness and extremeness of their actions since the Fall of 2019 seem out of character with their usual shrouded machinations behind the scenes, where the public is ignorant of their actions. Something broke within the debt saturated financial system and Powell was ordered to restart QE and start reducing interest rates to fend off disaster. In a fascinating coincidence, Event 201, a pandemic simulation, was conducted on October 18 in New York City, jointly run by The Johns Hopkins Center for Health Security, World Economic Forum, and Bill & Melinda Gates Foundation. The four-year coup attempt by the Deep State against Trump was floundering, with their pathetic last gasp impeachment farce in January 2020.

The weaponization of the Chinese bio-weapon lab virus into a global pandemic narrative accomplished numerous objectives for the Deep State. It provided cover for the Federal Reserve to funnel trillions into the pockets of the criminal Wall Street cabal and their billionaire clientele. It provided the means for Democrat governors and mayors to use it as an excuse to allow mass mail-in voting in order to fraudulently steal the election. Destroying the economy through unnecessary worthless lockdowns and blaming it on Trump gave the Democrats a further impetus to steal the election.

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SIGNS, SIGNS, EVERYWHERE SIGNS

“Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also be.” John Kenneth Galbraith, A Short History of Financial Euphoria

132 Trouble Ahead Sign Photos - Free & Royalty-Free Stock Photos from Dreamstime

The signs of an epic bubble of historic proportions are everywhere. The stock market is a bubble, with valuations exceeding 2001. Margin debt is at all-time highs. The bond market is a bubble, with the Fed artificially suppressing rates and pumping trillions of QE into Wall Street. Housing is experiencing another bubble, with prices now far exceeding the 2005 peak. Bitcoin and the rest of the crypto-currencies are a bubble, being driven by the excess liquidity sloshing around the system. A joke crypto currency like Dogecoin soars into the stratosphere because money has no meaning anymore.

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FROM AMERICAN DREAM TO AMERICAN NIGHTMARE

For most of the ninety years since James Truslow Adams coined the term American Dream, most Americans still believed the fairy tale of the American Dream, that no matter how humble your beginnings, everyone had a fair chance to become a success in America, based upon your individual talent, intelligence, work ethic and a society that rewarded those who exceled. Sadly, that dream is no longer achievable for most Americans. Our society has devolved into an oligarchy since The Epic of America was published in 1931, where a powerful few rule over a willfully ignorant many through propaganda, mistruth, fear, and an iron fist.

Amazon.com: The Epic of America eBook: Adams, James Truslow: Kindle Store

“But there has been also the American dream, that dream of a land in which life should be better and richer and fuller for every man, with opportunity for each according to his ability or achievement. It is a difficult dream for the European upper classes to interpret adequately, and too many of us ourselves have grown weary and mistrustful of it. It is not a dream of motor cars and high wages merely, but a dream of social order in which each man and each woman shall be able to attain to the fullest stature of which they are innately capable, and be recognized by others for what they are, regardless of the fortuitous circumstances of birth or position…

The American dream, that has lured tens of millions of all nations to our shores in the past century has not been a dream of merely material plenty, though that has doubtlessly counted heavily. It has been much more than that. It has been a dream of being able to grow to fullest development as man and woman, unhampered by the barriers which had slowly been erected in the older civilizations, unrepressed by social orders which had developed for the benefit of classes rather than for the simple human being of any and every class.” – James Truslow Adams – Epic of America – 1931

The American Nightmare: How the American Dream has tainted American society. - Poponomics

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WAS TRUMP THE MULE?

“Excellence, he is known as the Mule. He is spoken of little, in a factual sense, but I have gathered the scraps and fragments of knowledge and winnowed out the most probable of them. He is apparently a man of neither birth nor standing. His father, unknown. His mother, dead in childbirth. His upbringing, that of a vagabond. His education, that of the tramp worlds, and the backwash alleys of space. He has no name other than that of the Mule, a name reportedly applied by himself to himself, and signifying, by popular explanation, his immense physical strength, and stubbornness of purpose.” ― Isaac Asimov, Foundation and Empire

“The fall of Empire, gentlemen, is a massive thing, however, and not easily fought. It is dictated by a rising bureaucracy, a receding initiative, a freezing of caste, a damming of curiosity—a hundred other factors. It has been going on, as I have said, for centuries, and it is too majestic and massive a movement to stop.”Isaac Asimov, Foundation

In March 2017, a mere two months after the stunningly unexpected victory of Donald Trump over the Deep State hand picked representative of dark forces – Hillary Clinton, I wrote a three-part article based upon Isaac Asimov’s Foundation trilogy, attempting to connect Trump’s elevation as the Gray Champion of this Fourth Turning to the plot of Asimov’s masterpiece. The three articles: Foundation – Fall of the American Galactic Empire; Foundation and Empire: Is Donald Trump the Mule?; and Second Foundation: Empire Crumbling, landed with a dud, generating few views and not many comments.

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FOURTH TURNING DETONATION (PART TWO)

In Part One of this article, I discussed the dramatic events that shaped 2020 and will continue to have a major influence on the direction of this Fourth Turning moving forward. The immense power of Mordor on the Potomac seems to be unassailable, but the little people still have a chance if they utilize their skills and intelligence to the utmost.

dc-mordor | Political Film Blog

Now that Trump has been defeated and cast into oblivion by the forces of Mordor on the Potomac, those who have some knowledge about generational theory and the course of previous Fourth Turnings have lamented Trump is not the Grey Champion and they were misled by believing he was their hero. How could he be the Grey Champion if he lost? I do not profess to be an expert, as I am just trying to understand the underlying forces driving this Fourth Turning towards its climax, but losing a battle in a long war does not disqualify Trump as a Grey Champion. The Grey Champion character was born from the writings of Nathaniel Hawthorne.

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“Who is this gray patriarch? His hour is one of darkness, and adversity, and peril. That stately form, combining the leader and the saint…could only belong to some old champion of the righteous cause, whom the oppressor’s drum had summoned from his grave.”Nathaniel Hawthorne

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A MAN’S GOTTA KNOW HIS LIMITATIONS

A man's got to know his limitations (HD) - YouTube

As I’ve been observing the actions and justifications of men like Jerome Powell, Anthony Fauci, Andrew Cuomo, Joe Biden and Donald Trump during this self-inflicted global depression, I can’t help but channel the iconic American actor Clint Eastwood and his most famous role – Dirty Harry, when assessing whether they have an understanding of their limitations. If a man doesn’t know his limitations, he can ruin his own life.

When men in positions of immense power don’t know their limitations, they can ruin the world, destroying the lives of millions and propelling the world towards a catastrophic financial collapse and likely global conflict. Our benevolent leaders act as if they know what is best for mankind, when they are actually flailing about blindly, corrupted by their own power and wealth, leading us on a path to destruction, because their immense egos won’t allow them to humbly admit their dreadful mistakes and take corrective actions.

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FOURTH TURNING ACCELERATING TOWARDS CLIMAX

“At some point, America’s short-term Crisis psychology will catch up to the long-term post-Unraveling fundamentals. This might result in a Great Devaluation, a severe drop in the market price of most financial and real assets. This devaluation could be a short but horrific panic, a free-falling price in a market with no buyers. Or it could be a series of downward ratchets linked to political events that sequentially knock the supports out from under the residual popular trust in the system. As assets devalue, trust will further disintegrate, which will cause assets to devalue further, and so on. Every slide in asset prices, employment, and production will give every generation cause to grow more alarmed.” – Strauss & Howe – The Fourth Turning

Economists Predict Great Depression II for US Economy: Fast or V ...

I’ve been writing articles about the Fourth Turning for over a decade and nothing has happened since its tumultuous onset in 2008, with the global financial collapse, created by the Federal Reserve and their Wall Street co-conspirator owners, that has not followed along the path described by Strauss and Howe in their 1997 book – The Fourth Turning.

Like molten lava bursting forth from a long dormant (80 years) volcano, the core elements of this Fourth Turning continue to flow along channels of distress, long ago built by bad decisions, corrupt politicians and the greed of bankers. The molten ingredients of this Crisis have been the central drivers since 2008 and this second major eruption is flowing along the same route. The core elements are debt, civic decay, and global disorder, just as Strauss & Howe anticipated over two decades ago.

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The Enslavement of Infinite Money

From Brandon Smith

money addiction

The phrase “don’t fight the Fed” is an unfortunate but popular delusion. It presupposes that the central bank has limitless power to direct the economy because it can print limitless money. I’m not sure where this idea comes from, but consider the fact that anyone today who is under 30 years old was barely old enough in 2008 to understand or care about the credit collapse. These people spent their formative years knowing only stimulus and QE. In their minds, this is the norm, and they think it always works because they haven’t yet witnessed a collapse.

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NO ONE GETS OUT OF HERE ALIVE

“The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across some vast chaos that defies any mortal effort to plan our way there. The Fourth Turning will try our souls – and the saecular rhythm tells us that much will depend on how we face up to that trial. The saeculum does not reveal whether the story will have a happy ending, but it does tell us how and when our choices will make a difference.”  – Strauss & Howe – The Fourth Turning

As we wander through the fog of history in the making, unsure who is lying and who is telling the truth, seemingly blind to what comes next, I look to previous Fourth Turnings for a map of what might materialize during the 2nd half of this current Fourth Turning. After a tumultuous, harrowing inception to this Crisis in 2008/2009, we have been told all is well and are in the midst of an eleven-year economic expansion, with the stock market hitting all-time highs.

History seemed to stop and we’ve been treading water for over a decade. Outwardly, the establishment has convinced the masses, through propaganda and money printing, the world has returned to normal and the future is bright. I haven’t bought into this provable falsehood. Looking back to the Great Depression, we can get some perspective on our current position historically.

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