CONTROLLED DEMOLITION: The Crash Of The “Everything Bubble” Is Here – And It’s Not Going Away Anytime Soon – By Brandon Smith

Source – birchgold.com – “…The COVID-19 pandemic is a perfect cover event. It is a virus with a strangely long incubation period coupled with being highly transmissible and just deadly enough (3% to 5% death rate) to cause fear within the population….But the virus is not the cause of the economic collapse; it is only…

CONTROLLED DEMOLITION: Why The Coming Economic Collapse Won’t Be Caused By Coronavirus (Part 2) – By Matthew Ehret

Source – canadianpatriot.org – “…The Ugly Truth of Today’s Crisis…New “sub-prime” bubbles have been created in the Corporate Debt sector which has risen to over $13.8 trillion (up 16% from the year earlier). A quarter of which is considered junk, and another half graded at BB by Moodies (a step above junk). This sum is…

CONTROLLED DEMOLITION: ‘Financial Feudalism’, The New American Dream – By Mike Krieger

Source – libertyblitzkrieg.com – “…You have multitudes taking on debt defensively just to keep going and avoid falling further down the socioeconomic scale. Debt doesn’t empower such people, rather, it turns them into modern day indentured servants endlessly stuck on a hamster wheel with little to no hope of getting off. This is not an…

NEO-CONNED: ‘Financial Coup d’Etat’, The Quiet Coup That Stole America (Flashback)

Source – oftwominds.com – “…America’s Deep State no longer enjoys a monolithic unity of world-view and narrative. The Deep State has fragmented into two conflicted camps: the Neo-conservatives, who espouse the globalist, interventionist foreign policy manifestation of Neoliberalism, and a smaller, more forward-looking camp that understands Neoliberalism is actively undermining our national security and our…

CONTROLLED DEMOLITION: ‘Limousine Liberal’, How Liberals Left the White Working Class Behind

Source – yesmagazine.org – “…In ‘The Limousine Liberal’, historian Steve Fraser traces the rise of right-wing populism to the Nixon presidency when blue-collar Whites realized that “their social contract with New Deal liberalism was expiring.” Structural unemployment and wage stagnation were taking their toll, but the Democrats offered no solutions. Nixon offered no help to…

EUGENICS: ‘SNAP’, Western Capitalism & “Useless Eaters” – By Caleb Maupin

Source – journal-neo.org – “…Western capitalism has entered a stage where it views the population not as an asset, but as a burden. Instead of seeing each citizen as capable of creating a contribution to society, and making the country better, the population is viewed as a problematic horde that must be carefully managed and…

CONTROLLED DEMOLITION: ‘Elites Don’t Give A F**k’, Bannon Explains Why Boris Won & Blacks Dig Trump

Source – zerohedge.com – “…This is what drives me nuts about the left. All immigration is to flood the zone with cheap labour, and the reason is because the elites don’t give a fuck about African Americans and the Hispanic working class. They don’t care about the white working class either. You’re just a commodity”…

CONTROLLED DEMOLITION: The Hollowing Out Of America – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com – “…America is being hollowed out as local enterprises that reinvested profits back into their own communities have been wiped out by monopolies and cartels drawing upon unlimited credit lines of cheap money supplied by the Federal Reserve and other central banks, a system that guarantees the top few will collect whatever…

VOODOO ECONOMICS: ‘Made In The USA…By Robots’, China Opens ‘Sew-bot’ Factory In Arkansas, Producing Shirts For 33 cents (Flashback)

Source – mishtalk.com – “…The goal is to produce 23 million t-shirts at 33 cents each, about one shirt every 26 seconds….It’s rather difficult to compete against 33 cents when shipping and transportation costs are rolled in” SM: ..A little twist on ‘Make America Great Again’… Made In The USA (By Robots): China Opens ‘Sewbot’…

CONTROLLED DEMOLITION: ‘Federal Reserve’, Enemy of Liberty & Prosperity – By Ron Paul

Source – ronpaulinstitute.org – “…Since the creation of the Federal Reserve, the US dollar has lost over 96 percent of its value. The Federal Reserve-caused decline in purchasing power is a stealth tax. This inflation tax does not affect the financial elites—who receive new money created by the Federal Reserve before the Fed’s actions have…

CONTROLLED DEMOLITION: ‘Till Debt Do Us Part’, Rise of the American ‘Muddle Class’

Source – oftwominds.com – “…The “muddle class” which muddles through on earned income, much of which goes to debt service (student loans, auto loans, mortgages, credit cards) and skyrocketing big-ticket expenses: rent, healthcare, childcare, etc. Unable to save enough to move the needle on household capital, any net worth is dependent on speculative asset bubbles…

DAS KAPITAL: ‘Blowback’, Burn, Neoliberalism, Burn – By Pepe Escobar

Source – strategic-culture.org – “…What still remains absolutely off limits for the guardians of the current world-system is to really investigate hardcore neoliberalism as the root cause of wealth hyper-concentration and social inequality. It’s not enough to offer Band-Aids anymore. The streets of South America are alight. Blowback is now in full effect” Burn, Neoliberalism,…

CONTROLLED DEMOLITION: ‘Dramatic Change Ahead’, AI, Robots Coming To Take 36 Million Jobs Away From Americans

Source – zerohedge.com – “…The 2020s will be known as the great transformation period where corporate America abandons its workforce for automation. The coming job losses, due to automation, will be on par with the automation revolution of agriculture (the transition of farm workers into the industrial sector) from 1900 to 1940” Report: AI, Robots…

CONTROLLED DEMOLITION: Automation and the Crisis of Work – By Charles Hugh Smith

Source – oftwominds.com – “…Technology, like natural selection, has no goal. Technology doesn’t have a teleological drive to employ humans, save the planet or any other goal we might choose. In the current socio-political-economic system, technology is mostly aimed at maximizing profits. The surest way to reduce costs is to replace costly humans with automated…

CONTROLLED DEMOLITION: One-Third of American Workers Pay Is Being Stolen – Here’s How

Source – unz.com – “…In other words, during the housing market collapse, when wealthy investment bankers were losing a lot of money (and before they got it back during the bailout), workers’ hourly compensation jumped up faster than productivity for the first time in decades – though not by nearly enough to close the gap,…

CONTROLLED DEMOLITION: Here Are The Countries Where Millennials Will Have To Work Until They Die

Source – zerohedge.com – “…Not just on millennials, but Americans in general. For example, we know that 14% of Americans have “negative” wealth. We also know that 62% of Americans don’t have emergency savings that could cover a $1,000 hospital visit or a $500 car repair” Here Are The Countries Where Millennials Will Have To Work Until They…

CONTROLLED DEMOLITION: ‘Smoke & Mirrors’, The Permanent Recession

Source – thegreatrecession.info  – “…Rather than the longest expansion in US history, we’ve been enduring the longest recession in US history ever since the dot-com bust. The above chart shows the GDP growth rate, and the REAL GDP “growth” rate, which has actually been contraction, not growth, for the past two decades if measured by…

CONTROLLED DEMOLITION: Most Americans Can’t Afford to Pay Rent, Eat Food, Buy Stuff, or Get Sick (And It’s Just Going to Get Worse)

Source – theorganicprepper.com – ‘…Stimulus policies do not bring about a solid recovery but manufacture a phony economic growth that distorts the economy’s structure of production. Instead of a V-shaped recovery that would occur if government abstained from intervention, policymakers produce an L-shaped agony. As if a prolonged stagnation wasn’t already bad enough, the interventionists…

CONTROLLED DEMOLITION: How Monetary Policy Leads To Destruction Of The Middle Class And Rise Of Populism – By Alexey Yeremenko

Source – zerohedge.com – “…The very last thing Europe needs is a monetary policy experiment or continuation of an existing policy of financial repression, which lead to an erosion of purchasing power, income inequality, and the rise of populism. It occurred 100 years ago, and people remember how it all ended up. We should do…

CONTROLLED DEMOLITION: ‘America’s Concealed Crisis’, Fifty Years of Economic Decline, 1969 to 2019 – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com – “…The keys to understanding the concealed crisis of decline are purchasing power relative to wages/earnings–how many goods and services can wages buy? For the average American household, wages have risen modestly while the purchasing power of those wages has plummeted” America’s Concealed Crisis: Fifty Years of Economic Decline, 1969 to 2019…

CONTROLLED DEMOLITION: ‘Misplaced Pride’, Most of the “Middle Class” Is Actually Working Class – By Charles Hugh Smith

Source – oftwominds.com – “…If we take off our rose-colored glasses, we have a much more stratified economy and society than we might like to believe…The “middle” has eroded away, leaving the top 15% who are doing very well in the status quo and the bottom 85% who are struggling to maintain a meaningful sense…

CONTROLLED DEMOLITION: ‘Illusions Of Wealth’, The Future Ain’t What It Used to Be – By MN Gordon

Source – economicprism.com – “…What’s the real source of the working stiff’s grave economic discomfort?…today’s great chasm between rich and poor – is the product of central planners. Not the Soviet style central planner that dictated prices with ridiculous five year plans. But, rather, a more covert central planner that draws down the value of…

AMERIKA: How In 40 Years Americans Shifted From A Sustainable Middle Class To A Perpetual Cycle Of Debt Serfdom (Archive)

Source  – mybudget360.com – “…The biggest scam of the century revolves around the massive growth in debt…Americans have been put into a sleepwalking state where they were drunk on debt induced spending while slowly and surely our manufacturing base was removed from the country…Banks and Wall Street have not cut back and have gone the…

VOODOO ECONOMICS: ‘Fixed Fight’, The 1% Playbook – By Paul Buchheit

Source  – commondreams.org – “…One of the themes of the superb writing of Henry Giroux is that more and more Americans are becoming “disposable,” recognized as either commodities or criminals by the more fortunate members of society. There seems to be a method to the madness of winner-take-all capitalism. The following steps, whether due to greed or…

CONTROLLED DEMOLITION: ‘The Economic Doom Loop’, Asset Inflation & Demographic Decline – By Chris Hamilton

Source  – econimica.blogspot.com – “…The reason for fast declining birthrates since 2007 in the US and among most nations globally seems to be the current ZIRP and low interest rates and Quantitative Easing programs which have the effect of inflating asset prices” Economic Doom Loop Well Underway  – By Chris Hamilton From 2007 through 2018,…

BRAVE NEW WORLD: Oxford University Study, 47 percent of all U.S. jobs are under threat to be replaced by automation

Source – pcmag.com, By Evan Dashevsky – Economists of the past century have, for the most part, rejected the notion that technological advancement destroys the need for human labor. Or, if there was to be any effect on the labor force, they’ve claimed it would only be beneficial. Back in the 1930s, for example, the…