My unpublished (100,000 word) book “The Financial Jigsaw”, is being serialised here weekly in 100 Issues by Peter J Underwood, author
Quote of the Week: “In short, the ‘house of world order’ will have to be built from the bottom up rather than from the top down. It will look like a great ‘booming, buzzing confusion,’ to use William James’ famous description of reality, but an end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old-fashioned frontal assault.” – Richard N. Gardner, former deputy assistant Secretary of State for International Organizations under Kennedy and Johnson, and a member of the Trilateral Commission, wrote in the April, 1974 issue of the Council on Foreign Relation’s (CFR) journal Foreign Affairs (pg. 558) in an article titled ‘Hard Road To World Order’:
NOTE – If anyone would like a free updated, 4th edition, electronic copy of the complete book, I should be pleased to email a free PDF on request to: [email protected]. The book has many footnotes linking to relevant and explanatory Appendices, websites and videos.
“The answer offered to every disaster is always more centralization, even if centralization was part of the problem from the beginning. The coronavirus pandemic event will be no different. As was hinted at during Event 201, a coronavirus pandemic exercise run by Johns Hopkins, the Bill and Melinda Gates Foundation and the World Economic Forum only three months before a REAL coronavirus outbreak took place in China, the goal will be to use the event to create a central economic authority to distribute resources to “counter the virus”. You see, the elites never let a good crisis go to waste. But this plan requires complicity and apathy among the public. It requires our consent in order to work. For if we continue to undermine and resist it the globalists will never feel safe and secure. Like a cancer, they will eventually have to be cut out and removed if the system is to ever be truly fixed.”
6 Lessons to note:
Lesson #1: The Prepper Movement Was Right All Along
Lesson #2: Supply Lines Will Be Damaged Or Restricted
Lesson #3: Never Trust Government
Lesson #4: Expect The Virus To Eventually Arrive In Your Country
Lesson #5: Enforced Quarantine Is Not Necessarily For Your Benefit
Lesson #6: Expect Martial Law
Who owns you baby? “The flagship of this new alliance, the Quincy Institute for Responsible Statecraft, was sold as an earth-shattering breakthrough – an “odd couple” of “left-wing” Soros and “right-wing” Koch boldly tossing differences aside to join together and “end the endless wars.” That organization is now up and running and it isn’t pretty.
I think that this is important. “No institution is more fundamental or important than the family in moulding us from birth on. A large body of research from scholars across the political spectrum has established the importance of family structure, of growing up in a married two-parent family, as a protective factor for every social indicator—our health and longevity, life expectancy, involvement with the criminal justice system, education, earnings, and marital success. It is the advocates of identity politics who have attacked the institutions of marriage and family, not the populists. These ideologues have used their own institutions as platforms to train others, in psychology, social work, and other fields. The aim is not to support those they serve by helping them strengthen families and marriages, but to liberate individuals from the grip of those institutions. Looked at this way, it’s the progressive elites who are destroying our institutions, opposing their purposes and missions, and so the meaning and structure of our lives.”
https://www.theepochtimes.com/the-betrayal-of-the-elites_3239759.html
Here is the link to last week: Issue 91
I will continue to provide updates this year as Brexit negotiations with the EU progress as well as offering items about Britain generally:
“A US bank with London gold vaults shifted some of that gold from being “unallocated” to being “allocated”. Effectively it moved it on its balance sheet. The gold stayed in the same vault but technically it shifted from UK ownership to US. In other words, a couple of clicks in a bank’s spreadsheet caused the biggest fluctuation in Britain’s trade figures in modern history. At least that’s the most plausible explanation.” This week, Liz Truss, MP for South West Norfolk, and UK Trade Secretary, tweeted this about these figures and didn’t knock out the gold, therefore overstating the results in typical political befogging:
https://www.zerohedge.com/commodities/multi-billion-dollar-mystery-great-british-gold-sale
It looks like the ECB has major problems arising in the near future. ““Nobody trusts you,” German lawmaker Joerg Meuthen told European Central Bank chief Lagarde last week, as he raged against negative interest rates. ECB presidents emit little beyond market-friendly BS as a rule, but the above encounter in the European Parliament shows how even the Beleeeevers can spot a featherweight when they see one. It also illustrates why the eurozone single-currency millstone is a heavyweight heading for the canvas when it comes to the EU economy. The only experts worthy of the title are those who prove to be right.”
https://hat4uk.wordpress.com/2020/02/18/at-the-end-of-the-day-931/
“Boris’s border blueprint: Migrants coming to the UK will need to have a job paying at least £25,600, qualifications and speak English under new points-based post-Brexit immigration system unveiled today”
Parliament continues its work this week. Details of Parliament’s deliberations can be found here:
UK has now left EUROPE so I will continue to comment on relevant EU – UK events:
The UK government has approved Internet censorship. I am not sure if this is to placate the EU during negotiations and therefore conform to their ridiculous laws but I am not holding my breath: “Not only is the government [HMG] mandating an outside body to orchestrate the regulation of the internet, but they are also handing over the power to decide exactly what should be censored. Boris Johnson, formerly considered the darling of liberty for his backing of Brexit, appears to have handed over control of who may speak and what may be said online to an organization that prides itself on its ability to clamp down on speech it considers fringe.
The nation’s newspapers are owned by a small group of people and companies. Many of the major television and radio stations are under charter with the U.K. government. Book publishing companies are too afraid to publish a single word that goes against the progressive orthodoxy [As I have found out]. The ability to congregate and hold rallies is tightly controlled by government bodies. And now, the last realm of freedom, the last place in which like-minded souls can exchange ideas, learn, and express themselves to their fullest is about to fall under the Orwellian control of an agency that will not even be accountable to the government itself.” The Ministry of Truth is here, look out America!
https://www.libertynation.com/internet-censorship-now-government-backed-british-free-speech-dies/
“To think that we might accept EU supervision on so-called level playing field issues simply fails to see the point of what we are doing,” Frost said during a speech at a Brussels university on Monday evening. Ahead of trade negotiations expected in early March, Frost said freedom to diverge from EU rules and regulations was the “point of the whole project” of Brexit and “central” to Johnson’s idea for the country’s future.” The EU will have to accept reality or forego devastating economic fallout from a no-deal in 2021:
https://www.zerohedge.com/markets/uk-slams-absurd-eu-trade-rules-expects-open-fair-competition
The 4th edition of The Financial Jigsaw issued recently includes a Foreword, Preface, Epilogue and Appendices which I will publish here in advance. Next come the Appendices:
Here is Appendix VI – have a look at the links at the end to get a perspective: NB: HEALTH WARNING! – This is a sad story and could seriously affect your mental health:
APPENDIX VI
Life after collapse: a Venezuelan example
https://www.bbc.co.uk/news/world-latin-america-46999668
If you have ever wondered what life would really be like in a post-collapse society look no further than Venezuela? Here is a real-life example which I share, word-for-word, of everyday life as experienced by one family living there today. The country has been collapsing ever since a socialist government destroyed the economy. This is a summary timeline:
- 2012 Private ownership of guns was banned
- 2013 Preppers were relabelled “hoarders” and the act of stocking up became illegal.
- 2014 the government instituted a fingerprint registry for those who wished to buy food to ensure they didn’t take more than their “share.”
- 2015 things began to devolve more quickly as electricity began to be rationed and farmers were forced to turn over their harvests to the government.
- 2016 the government said that people should look out for themselves because there was simply not enough food and, despite rationing, an electricity shortage continued
- 2016 also brought news that the country was out of stock of everything: food, medicine and nearly all basic necessities. People were dying of starvation and malnourishment which made other illnesses even worse. Hyperinflation brought exorbitant prices, like US$150 for a dozen eggs.
- 2017 civil war is near (if not already happening.) Although the government are calling it “protests” violence between the people and the government is ongoing. This rage is stoked by wealthy Venezuelans who enjoy luxurious meals, fabulous parties, and lush accommodations while the rest of the country struggles to find a bag of rice. [Sounds familiar?]
- 2018 the currency, the bolivar, collapses and ushers in hyperinflation which is well on its way to finish off the economy. A major migration is taking place to neighbouring countries who are instituting immigration controls. Estimates range from 1.6 million to 4 million people as of early 2018. With almost one million counted in Colombia alone (June 2018), the overall numbers at mid- 2018 are likely to be even higher. Some experts predict that the Venezuelan displacement will soon surpass the number of Syrian migrants and refugees. [2018 has been added by the author]
- 2020 ‘It’s a pain you will never overcome’: Crisis in Venezuela as babies die of malnutrition: Her coffin was little larger than a shoe box. Her life had lasted three short months. “She was a calm little thing,” the girl’s grandmother, Yamilet Zerpa, remembered as mourners filed into her sitting room to say their last goodbyes. On a table before them lay a small white casket lined with sky blue cloth. Inside was Yaretzi López Pinto: born 14 October 2019, declared dead on Thursday 16 January this year. Morticians had folded Yaretzi’s delicate hands over her chest and placed a pink flower on her fingers. Minnie Mouse smiled up from her dress beside the word: “Sweetheart”. Less than 48 hours earlier Yaretzi had become the latest baby to fall victim to a merciless health emergency sweeping Venezuela – one that is exacting a particularly harsh toll on its youngest citizens. “As a mum, it’s a pain that you will never overcome,” her shell-shocked mother, Yangelis, mumbled as she prepared for her final farewell.
- Source:http://blogs.lse.ac.uk/latamcaribbean/2018/07/31/the-venezuelan-exodus-placing-latin-america-in-the-global-conversation-on-migration-management/
- Venezuela – An Economic Catastrophe in Charts: http://www.acting-man.com/?p=53368
- More about hyperinflation from Steve Hank https://www.cato.org/research/troubled-currencies
- Here is a further description of the crisis: http://energyskeptic.com/2019/nafeez-ahmed-venezuelas-collapse-is-a-window-into-how-the-oil-age-will-unravel/
“What happened there may be how events unfold in the United States as well, so it is worth reading how collapsing states like Venezuela fail if you’re curious about your own future.”
- Here’s how the stages of financial collapse might workout: https://gnseconomics.com/en_US/2020/02/10/the-stages-of-the-collapse/
To be continued next Saturday
Great work again Peter. I appreciated that piece about Venezuela the most and I ponder often of how awful it will get here in the U.S. as this place folds up. I knew a couple that ran a fillin’ station here in our county during the Great Depression, and one day a man and a woman pulled up and came inside and purchased a few items. After they departed it was later discovered that they had left their two children on the bench outside; a little boy and girl. The store owners raised the two children as their own and the little boy is obviously an old man now and lives just down the road from me. When it gets rough, real rough, there ain’t no telling what a man is gonna see.
Amazing OT and many thanks for sharing that. I do hope readers will find it not as distressing as it was to write. We have so much to be grateful for in our worlds but all the billionaires can do is going on extracting as much as they can, hoarding their ‘wealth’ – for what? When the chips are down their bits of paper and precious metals will serve them ill.
In a country where Great Grand Parents are rearing the young of their Grand Children there will be no place for other people’s displaced children.
My wife’s mom and her sister were given to the sisters of mercy in West Virginia during the depression because their parents couldn’t feed them due to too many children. My wife remembers as a child going back to WV to visit relatives and her bottom rung enlisted air force father was considered rich as his children wore shoes. We boomers are one generation removed from hardship and want.
Extreme dishonesty regarding Venezuela collapsing from Socialism. We have been relentlessly sanctioning and attacking them for 15 years.
I’ve heard this excuse many times and it is true that sanctions have not helped the country, Anon, but it cannot explain the complete failure of the infrastructure. There is no case that I have found in history where socialism has lasted for any length of time and not ended in chaos out of which order has emerged (eg Russia). I am open to be convinced that such a centralised system exists which can work effectively:
“According to them, Communist society is, in the first place, “an organized society,” based on a detailed, precisely calculated plan, which includes the “assignment” of labor to the various branches of production. As for distribution, according to these eminent Bolshevik economists, all products will be delivered to communal warehouses, and the members of society will draw them out in accordance with their self-defined needs.”
https://mises.org/library/marxist-dreams-and-soviet-realities?utm_source=Mises+Institute+Subscriptions&utm_campaign=d0e0f2e34a-EMAIL_CAMPAIGN_9_21_2018_9_59_COPY_01&utm_medium=email&utm_term=0_8b52b2e1c0-d0e0f2e34a-228270721
Equally, capitalism in its present toxic form, will not survive either. I hope and trust that a New Economy will emerge out of the coming crisis where a sustainable structure for society is established. This must be based on the supply of net energy and IMO will require a reduction in our present living standards which balances inputs with outputs. This is the route that Venezuela is taking now as it progresses towards an equilibrium:
https://surplusenergyeconomics.wordpress.com/