By Ernst Wolff.
The world is currently in a deliberately imposed state of emergency. In 2020, for the first time in the history of the economy, attempts were not made to cushion the onset of a recession and reduce its effects. Instead, over a period of weeks and months, large parts of manufacturing operations around the world have been brought to a standstill, supply chains have been disrupted, unemployment has been driven to record levels and the ground beneath the feet of small and medium-sized businesses has disappeared.
The effects of these measures are still only partially visible in the industrialized countries. The situation is different in the emerging and developing countries. According to estimates by the International Labor Organization (ILO), the standard of living of almost half of the world’s 3.3 billion workers will have been lowered by 2020, and according to the WHO, some 132 million people will have been added to the roughly 690 million undernourished in 2020.
Anyone wondering why such a humanitarian and economic catastrophe has been deliberately brought about in the 21st century should take a look at the global financial system, because that is where the key to understanding this devastating development can be found.
The global financial system has been in distress twice before 2020. The first time was in 1998, when a U.S. hedge fund threatened to collapse and take several of the world’s major banks down with it. At the time, banks saved the system by buying out the hedge fund for nearly $4 billion, preventing nearly a trillion dollars in payments from defaulting. The second near-collapse occurred in the wake of the 2007-08 global financial crisis. This time, the sums at stake were so large that governments had to step in with the help of central banks. In order to plug the resulting holes in state budgets, the so-called austerity policy was introduced. In other words, while the freshly printed money largely flowed into the pockets of ultra-rich investors, the working population was condemned to tighten its belt.
Of course, this huge redistribution of wealth from the bottom to the top did not go unnoticed by the people. Then, when an unavoidable global recession began to emerge at the end of 2019, it presented those responsible with a problem: It was clear that the financial markets would collapse in the wake of this recession and that the only way to save them would be to inject even more money than in the global financial crisis. But how was this renewed redistribution from the bottom to the top to be explained to the world’s population?
As we know today, the problem was solved by choking off the global economy through countless lockdowns and blaming a virus for this. A large part of humanity was terrified to such an extent that, after the deliberately forced collapse of the financial markets, the greatest redistribution of wealth in the entire history of mankind could be carried out without any significant resistance and, on top of that, declared a rescue operation.
With this, however, the world has arrived at a historic turning point: Since interest rates had to be lowered to zero or close to zero in the course of the bailout, the central banks can from now on keep the system alive only by unrestrained money creation. But this leads to the complete devaluation of money, so that today it is clear: The system is at its final stage. For this reason, those in power and those profiting have obviously opted for a double strategy: To plunder the existing system until its final collapse, and at the same time to prepare in the background the establishment of a new system. This new system envisages the abolition of bank loans and the introduction of digital central bank money.
Digital central bank money subjects the population to complete control by the state and digital corporations and means nothing other than the introduction of a totalitarian monetary dictatorship.
At the same time, we are witnessing a second, almost more threatening development in the background: in several places in the world, such as Ukraine, the South China Sea and the Middle East, trouble spots are being deliberately fanned and possible wars are being prepared. Unfortunately, a large proportion of people believe that we have already entered the age of cyber wars, where bloody confrontations are a thing of the past. Moreover, many are convinced that those in charge would shy away from starting wars given the destructive effects of new weapons systems.
But this is a dangerous conclusion. If one looks back into history, moral inhibitions or conflicts of conscience have never played a role. Armed conflicts have always had the goal of distracting from political objectives, strengthening the powerful and causing as much destruction as possible in order to subsequently strengthen the economy by rebuilding it.
The current world situation fulfills precisely these preconditions for war: the powerful, who have clearly demonstrated their lack of conscience over the past 14 months, are currently losing power and influence, as the narrative of the hyper-dangerous virus is falling apart day by day and is unlikely to be sustained in the long term. At the same time, however, they are aware that while the economy and financial system are crushed, the military is armed to the teeth and capable of causing huge destruction in a short period of time, helping them to maintain power.
The situation in which the world finds itself in our days is thus like an explosive device whose fuse is already burning. Therefore, it is of utmost importance to mobilize all forces in the coming days and weeks and to intensify the information and education offensive in order to bring all those who are not yet completely manipulated and conditioned in the sense of the powerful out of their lethargy and to persuade them to join the growing resistance against the development towards dictatorship and war.
Image source: violetkaipa / shutterstock
KenFM strives to present a broad spectrum of opinions. Opinion articles and guest posts need not reflect the views of the editorial team.
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