“There’s a real danger that more people could potentially die from the economic impact of COVID-19 than from the virus itself...”
From TMU by John Vibes:
David Beasley, director of the United Nations World Food Program, told the U.N. Security Council this week that the world is on “the brink of a hunger pandemic” and we could be facing “multiple famines of biblical proportions within a short few months.”
The true causes of the economic recession we are experiencing get lost in the headlines. The psychological operation unfolding before our eyes is camouflaging
On my previous article I underlined the introduction of the digital dollar as a solution to the economic consequences of COVID1984. One of the major impediments in bringing about new & improved technocratic controlled economy are traditional payment systems. As highlighted by Whitney Webb in her report the American Empire is lagging behind the Chinese model of tehno-tyranny. While the Chinese are focused on manufacturing, the Americans are focused on financing their way to the top of the chain. As the Chinese out-compete America in world hegemony the acceptance of the US standard is faltering.
The American empire relies heavily on the world accepting the petrodollar. This presents a major problem to the powers behind the curtain. What is their solution to maintain world hegemony?
A GOVERNMENT COMMISSION CALLED FOR THE US TO ADOPT AN AI-DRIVEN MASS SURVEILLANCE SYSTEM FAR BEYOND THAT USED IN ANY OTHER COUNTRY IN ORDER TO ENSURE AMERICAN HEGEMONY IN ARTIFICIAL INTELLIGENCE. NOW, MANY OF THE “OBSTACLES” THEY HAD CITED AS PREVENTING ITS IMPLEMENTATION ARE RAPIDLY BEING REMOVED UNDER THE GUISE OF COMBATING THE CORONAVIRUS CRISIS.
The optics of the orwellian-narrative in this "crisis" obfuscates the true origin of this predictable economic depression. The privately own banking-cartel, The Federal Reserve, projected..."47.05 million people being laid off..." in the second quarter of 2020. Their solutions, like the ones for the virus, will further exacerbate the fragile state of the economy.
To better contextualize this data and its impact I'd recommend John Titus' analysis. I included Titus' information in my previous article, however this information is crucial so I presenting here once again:
In essence, in late March the Federal Reserve quietly predicted the greatest economic depression in the last 100 years. It projected an astounding third of Americans will be out of work by the end of June. The lock down mandates by local, State and Federal governments are putting the squeeze on already sluggish private economy.
Also remember that some businesses are more equal than others, so the big players will be the first to get "free-money."
Big restaurant chains get small business aid, sparking backlash
The emerging evidence that large companies used the law to tap into the first wave of loans is sparking a new backlash against the implementation of the program, which has been beset with operational problems since its April 3 launch.
The federal government's stimulus package, like most government programs, come with "unintended consequences." While the federal government pays lip service to the outrage...the wholesale looting of America will continue:
The guidance doesn't change the formal rules of the program and wouldn't necessarily stop large companies from continuing to seek the loans, which are so attractive because they can be forgiven if a company maintains its payroll. But it marked the SBA's first public response to revelations that big public firms including Shake Shack, Ruth's Hospitality Group and Potbelly were among the first to receive the government-backed loans, which were intended to fight layoffs during the Covid-19 outbreak.
As the COVID1984 story ravishes the sensibilities of the public the Fed is passing toxic debt to the unknowing public. This is no happenstance. The fictionalization of the economy did not begin yesterday. The funny-money policy of the Federal Reserve has beset the American empire on a path of wealth DESTRUCTION:
The Federal Reserve is not the only banking cartel predicting doom & gloom this season. Our colleague "KrNel" wrote the following:
The IMF has issued an update to their world economic outlook which projects a recession that will be the worst since the Great Depression.
The US middle class could have tens of millions plunge into poverty, according to independent UN human rights expert, Philip Alson, unless the government takes "urgent additional steps" with Congress needing to take "far-reaching" actions to prevent Americans from facing destitution.
The narrative inculcated people with a nonsensical idea that by simply obeying the experts things will return to normal. This new "normal," as I previously pointed out, will give the financial experts a great opportunity to once again inoculate the crumbling economy with toxic debt. The blind trust in these experts continue because people simply do not understand the inner-workings of the rigged economy. One thing is clear, when it comes to describing the present problems in the economy establishment experts are occasionally correct:
“We expect the coronavirus will deal a severe blow to U.S. business spending via suppressed global and domestic demand, broken supply chains, depressed oil prices, tighter financial conditions and elevated uncertainty,” said Gregory Daco, chief economist at Oxford Economics.
However, the establishment's expert solutions eventually centralizes capital, credit and control in the hands of interconnected fraudsters:
"If policymakers’ responses to the coronavirus recession reinforce rather than mitigate the trend toward the increasing concentration among large firms and declining small business dynamism, then our country will emerge more fragile, more concentrated and less equitable than it was before,"
This is a frequent pattern which gradually has destroyed wealth, savings and private businesses. Moreover, this pattern will persist unless individuals embrace their humanity and seek solutions outside the State.
Ultimately, the average person will become acquainted with empty store shelves, un-affordable staple items and long a line at the government help center. The popular story will remind us that this was due COVID1984, and NOT because of unscrupulous "experts." It is convenient for these saboteurs for us to be in a state of fear, uncertainty and doubt; we are more manageable this way.
In this critical time, we cannot afford to let the disease of government funny-money to persist unchallenged. The "solutions" presented by the proposed relief bills, such as the ABC ACT in United States, is setting an alarming precedent. What comes next?
The Introduction of a Digital U.S. Currency by 2021
..."while it is possible we will see some of these come to fruition, it’s also possible that this proposal will not go beyond this stage."
The establishment's histrionic theater of fear is hypnotizing the public into lock-stepping into a techno-tyranny. The phantom of fear & anger is setting the stage for one of the most challenging struggle for human freedom. In this game, we need to prepare ourselves accordingly and actively participate in the public debate. These proposed "solutions" by politicians are not a foregone conclusion. The dire economic situation will bring a critical opportunity in which we must decide:
Do we let the corrupt authorities "solve" our problems by giving them more control? Or Do we take back control of our personal life and embrace the uncertainty of life with a steady heart?
