“Time spent doing whatever it is you do to escape your daily life would be better spent acquiring a life that needs no escape.”
― Shaun Hick (Author)
The world is descending, through a series of events, into a realisation it has never had before. In the realms of politics, commerce, religion, and sociology, people are being forced into situations that bring them face to face with a reality that is as savagely cold and factual and down-to-earth as the very dust of the earth itself. Some recent examples are the vigorous and highly public efforts to pursue politicians, dignitaries, movie stars, producers, corporations, directors of corporations, etc., who have been found guilty of lying, cheating, embezzling, murdering, or in other ways sinking to depths of some unpardonable immorality.
But there are other, more sinister, more deeply felt and pervasive declines in commonly accepted human standards. One example is the greed and rapacity of the economic system. Perhaps in more than any other area of human endeavour, this underscores the essence of the argument presented in this article. Underpinning this are the following examples: the costs of the trade war initiated in 2018 by the American President, the unmanageable ballooning world debt of a size having long ago reached dizzying proportions, the grossly over-valued stock market, the half a quadrillion US dollars worth of the world’s speculative derivatives, to name just a few.
Some observers have regarded the financial crises experienced by the world’s economy as ‘normal’ occurrences due to “cyclical factors”; for example, the boom-and-bust cycle characterised by the ups and downs of the stock market. Discussions of this kind centre around the recent major financial downturns that all end in the number eight – 1988, 1998, and 2008, for example.
However, such discussions are based on the misguided belief that the economy of the world is somehow a naturally occurring entity; that the condition of the world’s financial systems is in some way “normal.” This is surely not the case. Of course, there are certainly clear similarities and consistencies in the graphs demonstrated by many financial strategists. But contemporary economists agree on this one thing: the world is now, for the first time in its history, in dangerous uncharted territory. There is nothing normal about the situation the economy has found itself in.
This is underscored by the fact that, without any doubt, this system is purposely designed to reward the avaricious. The only winners in the event of the coming economic reset are the banks; in particular the network of Central Banks that are currently “printing” money faster than the robotic systems of Wall Street can spend it. And the propensity for greed and protectionism will no doubt be at the root of the cause of the collapse of many of the key components of the economic system.
And there will be no Hollywood-style apocalyptic end for this economy; that is, the end of the system as we know it. Its concluding “moments” will be punctuated by a gradual erosion of confidence in an economic system that is intrinsically flawed — in other words flawed *by design*. This is made evident by the unimaginably large artificial tools deployed by the world’s banking systems (the Central Banks) in an effort to shore up the stock and bond markets and the banks themselves (see the latest news on Germany’s Deutsche Bank). These tools include injections of money measured in multiple trillions of Dollars / Sterling / Yen, and other major currencies. Without the continuous use of these injections, according to many prominent economists, the crisis of 2007/2008 and its aftermath would have brought the monetary system to its knees long before now. But even these tools have effectively failed. According to many economists, a collapse — on a scale measuring anywhere from severe to critical — is inevitable.
But the major powers of the world will not allow the system to fail completely! They will pour still more money into the economy through quantitative easing and other financial tools, to a point where their respective currencies will be irrevocably devalued. At that point valuable physical assets may well be used to shore up the underlying value of the currencies: gold, silver, gems, and other precious items. And which entity on the planet owns an especially large supply of these … ?
This realisation of the root causes that lead to the final outcome will occur to observers like the gradual clearing of a morning mist — a rude-awakening into a reality that has always been present yet never fully understood… Yes, the so-called “financial reset” foretold by many economists will assuredly not be as spectacular as some suppose. It will be punctuated by an ever increasing cold, heartless, reality that will only be fully revealed in its final moments!
What will this mean for the world? Stay tuned for Part II of this article!