The global elites' techno-fantasy of a completely centralized future, The Great Reset, is addressed as a future project. Too bad it already happened in 2008-09. The lackeys and toadies tasked with spewing the PR are 12 years too late, and so are the critics listening to the PR with foreboding.
Simply put, events outran our understanding of them. The future already manifested while we were trying to cram the present arrangement into an obsolete conceptual framework.
In broad-brush, the post-World War II era ended around 1970. The legitimate prosperity of 1946-1970 was based on cheap oil controlled by the U.S. and the hegemony of the U.S. dollar. Everything else was merely decoration.
The Original Sin to hard-money advocates was America's abandonment of the gold standard in 1971, but this was the only way to maintain hegemony. Maintaining the reserve currency is tricky, as the nation issuing the reserve currency has to supply the global economy with enough of the currency to grease commerce and stock central bank reserves around the world.
As the global economy expanded, the only way the U.S. could send enough dollars overseas was to run trade deficits, which in a gold standard meant the gold reserves would go to zero as trading partners holding dollars would exchange the currency for gold.
So the choice was: give up the reserve currency and the hegemony of the U.S. dollar by jacking up the dollar's value so high that imports would collapse, or accept that hegemony was no longer compatible with the gold standard. It wasn't a difficult decision: who would give up global hegemony, and for what?
Many other dynamics changed around the same time: social, cultural, political. These charts reflect the end of the postwar era and the ushering in of a new era.
Again in broad-brush, the key economic dynamic was the decline of labor's share of the economy in favor of capital. Those who had only their labor to sell lost purchasing power, while those who could borrow or access capital benefited enormously. The charts below tell the story: labor's share of the national income has stairstepped lower for 50 years (since 1970) while the super-wealthy's share has outpaced everyone else 15-fold.
The dominance of financial capital is visible in the third chart, as private-sector financial assets are now 6 times the nation's GDP, double the percentage of the postwar era.
This capital-friendly era was rocket-boosted by financialization in the 1980s, technology in the 1990s and globalization in the early 21st century. You can see each advance of capital's top tier--the top 0.1%--in the chart below: the top 0.1% first pulled away in the 1980s financialization, stutter-stepped in the early 1990s and then exploded higher as technology fueled capital's leverage and exposure to the gains reaped by computers and the Internet.
Alas, these extremes are not stable or sustainable, and so each wave ends in a devastating crash. The income of the top 0.1% took a hit as the dotcom bubble burst, but then China's entry into the WTO saved the day as rampant globalization and additional extremes of financial leverage and fraud boosted their fortunes in the 2000s.
The dual extremes of financialization and globalization created the 2008 bubble, and its collapse almost took down the entire global capital house of cards. Central banks, ultimately financed by the Fed to the tune of $29 trillion, twice the size of America's entire GDP, instituted The Great Reset under the usual guise of "emergency measures" which then became permanent policies.
The Great Reset led to the hyper-centralization of control over the global economy's money as central banks coordinated unprecedented money-printing and financial repression, which includes zero-interest rate policies (ZIRP), as the debt-bubble would pop if rates aren't nailed down to zero.
All the PR being spewed about The Great Reset is the final frantic flailing of a system that's drowning in its own excesses. The 50-year long era of the few enriching themselves as the expense of the many has ended, for the same reason eras of extreme exploitation always end--the elites got too greedy and overshot the economy's ability to sustain their rapidly expanding share of the income and wealth.
Put another way: the elites have cannibalized the system so thoroughly that there's nothing left to steal, exploit or cannibalize. The hyper-centralized global money control has run out of rope as the cheap oil is gone, debts have ballooned to the point there is no way they'll ever be paid down, and the only thing staving off collapse is money-printing, which holds the seeds of its own demise.
Allow me to summarize the only way The Great Reset envisioned by global elites can actually manifest: The Martians arrive towing huge meteorites of pure lithium and gold, and rather than incinerating the global elites, they hand the global elites the meteorites to further their concentration of wealth and power.
Short of that science fiction, this sucker's going down. The Great Reset has already run its course after 12 long years of artifice, fraud and trickery. So global elite shills, lackeys, factotums, toadies and apparatchiks--prepare for your Wil-E-Coyote moment of truth.
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Reader Comments
I know where my lines are drawn and I'd hate to be the poor SOB who crosses them (That's far, far easier when one's as much 'older' as I now find self.)
RC
“COVID-19” was long pre-planned in documents and simulation exercises emanating from the eugenicist Bill Gates and the Rockefeller Foundation. A platform with 200 detailed levels is provided by the World Economic Forum led by Klaus Schwab, a technocrat and promoter of transhumanism, in order to provide detailed instructions on how the “COVID-19” pandemic is to be used to implement a global monetary reset1 and digital currency, technocracy and totalitarian government worldwide under the guise of socialism and environmentalism, with China as the model, and enslave humanity through a sinister vaccine conspiracy.
Earlier attempts were made to engineer pandemics but none succeeded. This time, the World Health Organization changed its pandemic criteria in advance so that it could declare a pandemic on spurious grounds.2 Tedros Adhanom Ghebreyesus, a terrorist and accused genocidist was appointed head of the World Health Organization in order to orchestrate the pandemic and facilitate the totalitarian takeover.3,4
Wireless technology suppresses the immune system. 5G is implicated in COVID-19 through correlations between the locations of the 5G rollout and morbidity/mortality,5,6 as well as the prior administration of flu vaccinations in Wuhan 7 and Milan. 8 The symptoms of “COVID” are virtually identical to the symptoms of exposure to electromagnetic radiation (EMR).9 Extensive military research over many decades was kept secret and regulatory agencies were co-opted in order to prevent the public learning about the extreme dangers of electromagnetic radiation.10 Doctors receive no training on the risks to health of exposure to EMR and therefore misdiagnose EMR symptoms. Hospitals are extensively equipped with 5G, putting patients lives at risk.
5G serves many purposes. It is a depopulation and military weapon and facilitates the introduction of technocracy and 2 totalitarian control by enabling surveillance, facial recognition, 24/7 monitoring of individuals, mind and body control, and – in combination with vaccines and chemtrails containing nanoparticles – the torture or murder of targeted individuals.11 EMR can be used to simulate pathogens and overwhelm the immune system12 and cell phones may be being used to simulate “COVID-19 contagion” among co-workers or family members. 5G has been widely installed terrestrially and in space to target and control populations.
The illegal coronavirus measures were used by governments to accelerate the 5G rollout and install 60 GHz public access points in schools in order to target children.13
Illegal legislation has been put in place in numerous countries:14
To remove civil liberties
To destroy economies
To close down small and medium-sized businesses15
To separate, isolate and terrorize family members
To impoverish people, including by destroying jobs
To remove children from their families
To intern dissenters in concentration camps
To grant immunity to government operatives to commit murder, rape and torture (UK)16
To use the police, army and mercenaries to control populations
To force-vaccinate populations with a non-medical vaccine containing population control mechanisms without their informed consent.17
There is and was no pandemic since “the curve” was flattening before the lockdown measures were put in place. Mortality is at a lower level than in previous years. 18 The PCR test, which was never designed as a diagnostic test and gives up to 94% false positive results, is used by the oligarch- and government-controlled mainstream and social media platforms to terrorize populations for the purpose of obtaining obedience. The illusion of a pandemic is stoked by doctors being forced to attribute virtually every death to “COVID”. Medical staff and doctors are intimidated to prevent them speaking the truth about the fake pandemic. In the UK, the death certificate is being changed to prevent relatives being able to question the cause of death.19 3
Tens of thousands of doctors have now come out to confirm that “COVID-19” is a hoax. 20 , 21 There were no “COVID” deaths in Ireland until 20 April and since then, the lockdowns have been based on 98 deaths out of 5 million people, while 30 thousand die annually from other diseases. Only people with a “hot” infection, with symptoms such as headaches or a sore throat, are contagious – 86% of “COVID” “cases” are asymptomatic carriers and therefore harmless.22
A Stanford University antibody study concluded the death rate to be between 0.1 to 0.2%, right in line with the seasonal flu. Initial projected death rates from the World Health Organization “were 20 to 30 times higher.” 23 In June, the US Centers for Disease Control confirmed the overall infection fatality rate (IFR) to be just 0.26%, way lower than the 3.4% estimate of WHO, which helped drive the panic and the lockdowns.24 But even that is an overestimate: the infection fatality rate for non-nursing home residents is likely only 0.1% or 1 in 1,000.
The UK and German governments stated in documents that they were deliberately ramping up the fear level, including traumatizing children by making them believe that they would torture and kill their relatives if they failed to wash their hands and obey the corona measures. Children were made to believe that they could show their love for their grandparents by not coming near them. Social distancing is a torture technique devised to traumatize25 and its purpose is to condition people to distance themselves from others so that they can be seen and targeted by the 5G weapon... (Read the rest here) [Link]
The Covid psy op was nothing short of diabolical in its thoroughness and insidious manipulation. I think a superhuman intelligence (read 4D STS) has been at work setting up all the moving parts, and equally we’re going to need some divine intervention (read 4D STO) to lift us out of this predicament - if it’s even possible. I’m wondering if the great reset ‘trap‘ has now become a noose, and that the gallows floorboards have just been sprung... Is all of humanity gone past the point of no return...?
I pray I'm right. I pray that none of us ever have to do border defense on those lines.
RC