CONTROLLED DEMOLITION: What The Debt Ceiling Fiasco Truly Means

Source – zerohedge.com “…Working people are the backstop of every mistake their government has ever made. The current analogy is that Inflation is a stealth tax. We feel it is much worse. Inflation is a slow motion default to its own citizens; in both financial and fiduciary responsibility” What the Debt Ceiling Fiasco Truly Means…

CONTROLLED DEMOLITION: ‘Indentured Financial Serfs’, The Banking Ponzi Scheme That’s Savaging Depositors – By David Stockman

Source – davidstockmanscontracorner.com “…The Fed policy has literally turned everyday depositors into the indentured financial serfs of the banking system….Upwards of one-fifth of the real wealth of depositors has been seized by Fed-enabled bankers during the last decade alone” David Stockman On The Banking Ponzi Scheme That’s Savaging Depositors By David Stockman The toxic effects of the…

CONTROLLED DEMOLITION: ‘Debasement’, The Funny-Money Game – By Alasdair Macleod

Source – goldmoney.com “…In this article I get to the source of the inflation problem, which is the monetary debasement of the dollar and other major currencies…I explain why GDP is simply the total of accumulating currency and credit which is wrongly taken reflect economic progress – there being no such thing as economic growth.…

CONTROLLED DEMOLITION: How The Aristocracy Plundered $50 Trillion From American Workers

Source – oftwominds.com “…This wholesale transfer of wealth and income from workers to Capital was documented by a RAND Corporation report, Trends in Income From 1975 to 2018. Time magazine summarized the findings: The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90% — And That’s Made the U.S. Less Secure“ The…

CONTROLLED DEMOLITION: How To Buffer The Fallout From America’s Third World Death Spiral – By MN Gordon

Source – economicprism.com “…How is it that the economy grew for nearly a decade straight, but the average worker saw no meaningful increase in their income?  Did workers really sprint in place this entire time?  How did they end up in this ridiculous situation?…The fact is, for the American worker, America’s brand of a centrally planned economy…

CONTROLLED DEMOLITION: ‘Financial Blowout Ahead’, Lobotomized Economists Clash On The Deck Of The Titanic- By Matthew Ehret

Source – strategic-culture.org “…We are told by the likes of Klaus Schwab, or World Economic Forum trustees Mark Carney, Christine Lagarde, and Chrystia Freeland that the age of free market capitalism which reined from 1971-2020 has come to an end, and that a new epoch of “green finance” under a decarbonizing world is upon us.…

AMERIKA: ‘No Longer Right vs. Left’, The Real Fight Is Elites vs. The Citizens

Source – thedailybell.com “…Trump won in 2016 because he appealed to a large enough swathe of the non-ideological American populace that just wants a good future for themselves, their families, and their neighbors….He emerged victorious because he challenged both the neocon establishment in the GOP…as well as the neoliberal, globalist establishment in the Democratic Party. The 2016…

CONTROLLED DEMOLITION: ‘Dying For An iPhone’ – By Chris Hedges

Source – scheerpost.com “…Global capitalists have turned back the clock to the early days of the Industrial Revolution.  The working class is increasingly bereft of rights, blocked from forming unions, paid starvation wages, subject to wage theft, under constant surveillance, fired for minor infractions, exposed to dangerous carcinogens, forced to work overtime, given punishing quotas…

CONTROLLED DEMOLITION: ‘Inflation’, Your Role as a Milk Cow – By Jeff Thomas

Source – internationalman.com “…How is it that no matter how much more money I make, I never seem to get ahead?”…In effect, the individual is used by the banking system as a milk cow. For his entire working life, inflation is carefully adjusted to extract as much monetary value from his labours as possible, whilst…

CONTROLLED DEMOLITION: The Secret…Is Out! – By Sven Henrich

Source – northmantrader.com “…But the lid just got blown off the false narratives that have been propagated by central bankers from Powell on down with his now infamous claim that “Fed policies absolutely don’t add to inequality“. Of course QE adds to inequality. Even the Bank of Canada just sheepishly admitted it. But the real…

CONTROLLED DEMOLITION: ‘America-Last’, Globalists Agenda Focused on Crushing the Middle Class – Here’s How to Stop It

Source – leohohmann.com “…The “Great Reset,” as they have branded it, is really about the destruction of the American middle class. They want to make everything more expensive, from the fuel that powers your automobile and the trucks that haul your food, to utility rates and all manufactured goods. Food prices are sensitive to fuel…

CONTROLLED DEMOLITION: What Collapsed The Middle Class? – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…Many of these causes are part of a single dynamic, the decapitalization of the middle class and the decay of the ladder of social mobility which enabled tens of millions of workers to transform their wages into productive capital via saving and investment in their own human capital, their own enterprises and assets that earn income”…

DAS KAPITAL: Does the US Still Have an Economy? – By Paul Craig Roberts

Source – paulcraigroberts.org “…Hudson, who has been on the job of analyzing America’s eroding economy for a long time, emphasizes that the US economy is no longer a productive or industrial economy but a financialized economy in which bank lending is not used for new plant and equipment but for the financing of takeovers of…

CONTROLLED DEMOLITION: Debt & The Demise Of The Middle Class – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…In other words, what separates the working class from the middle class is the middle class is able to transform their labor into capital while the labor of the working class only funds consumption. The working class is defined not by credentials, type of labor or credentials but by limited access to the means to…

CONTROLLED DEMOLITION: The Top 10% Is Doing Just Fine, The Middle Class Is Dying On The Vine

Source – charleshughsmith.blogspot.com “…No, this is not a typo. As this RAND report documents, $50 trillion has been siphoned from labor (the lower 90% of the workforce) to the Financial Aristocracy and their technocrat lackeys (the top 10%) who own the vast majority of the capital” The Top 10% Is Doing Just Fine, The Middle…

CONTROLLED DEMOLITION: No End to Devastating US Economic Collapse – By Stephen Lendman

Source – stephenlendman.org “…During two Obama/Biden regime terms, force-fed austerity was official policy, what’s likely to continue in some form ahead with no end of it in prospect by either right wing of the one-party state. Economist John Williams explained that US economic collapse keeps “hardening…” while Fed money creation expanded year-over-year by “a record…

CONTROLLED DEMOLITION: Remember, We’re All In This Together… – By Eric Peters

Source – ericpetersautos.com “…Of course, “we” aren’t. There is the essential class – which issues and enforces the “mandates” – which it is important to constantly repeat are not laws but literally the arbitrary decrees of politicians grown fat, like blood-gorged ticks, with limitless power somehow acquired in the name of gesund…and there is the rest of us, deemed non-essential. We are supposed…

CONTROLLED DEMOLITION: ‘Banksters Paradise’, Monopoly Board Game Updated For Our Times

Source – stuartbramhall.wordpress.com “…The game copies real life…To achieve the goal of Realism we have included an Economic Draft card….It says, “You are impoverished and desperate so you join the military of a NATO country. The Banker has declared war in your behalf against country X. Country X is full of Evil People who do…

CONTROLLED DEMOLITION: Our Phantom Middle Class – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…Of the many things we cannot bring ourselves to admit, one of the most consequential is that our vaunted middle class is illusory, a phantom of our imagination rather than a reality. The reality is the vast majority of the nation’s wealth and income has been diverted from the middle class to those…

CONTROLLED DEMOLITION: Cost Of Living Increases Are Decimating The Middle & Lower Class

Source – zerohedge.com “…On top of it all, the government – who the average Joe trusts to do right by them – is telling them inflation has basically been a myth. Again, the Chapwood Index paints a different story, showing cost of living rising about 10% in major U.S. cities, annually” “It’s A Constant Struggle”: Cost…

CONTROLLED DEMOLITION: How Governments Rigged The Game Against Workers

Source – silverdoctors.com “…A fascinating study out of UCLA measured the effect in the British West Indies of plantation owners using the state and legal coercion to restrict the outside options of former slaves and thus secure a steady supply of cheap labor. Return to plantation owners was highest where they could successfully lobby to restrict homesteading…

CONTROLLED DEMOLITION: The Economy Isn’t Working – That’s Exactly the Plan – By Robert Freeman

Source – commondreams.org “…Forty years ago, around 1980, the uber-wealthy decided they wanted to get their money out of the economy….They wanted to take their money somewhere where they could pay people 1/20th what they paid here (less than $1 an hour), where there were no environmental or labor laws, where the workforce was plentiful, hungry,…

CONTROLLED DEMOLITION: ‘The Armageddon of Capitalism’, Financialization & Deindustrialization – By Michael Hudson

Source – theAnalysis.news “…We’re talking about eight trillion to the one percent, two trillion to the rest of the population. Nancy Pelosi and the Democrats made a deal with the Republicans. They both agreed that they wanted to pay their respective campaign contributors, the financial sector, and the real estate sector. They were realistic. We…

CONTROLLED DEMOLITION: Fed Chair Powell – “We’re Not Going Back To The Same Economy”

Source – theeconomiccollapseblog.com “…Even Jerome Powell is admitting that the boom years are over…As of October 24th, a total of 21.16 million Americans were bringing home some type of unemployment assistance. One year ago, that number was just 1.45 million” Fed Chair Powell Admits The Truth: “We’re Not Going Back To The Same Economy” By…

CONTROLLED DEMOLITION: ‘ALICE’ Doesn’t Work Here Anymore – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…Neofeudalism: the modern-day equivalent of the landless (i.e. owns no capital) serf is a landless (i.e. owns no capital) debt-serf with student loans, an auto loan and credit card debt and income that is constrained by globalization, financialization and the scarcity of high-paying work that isn’t reserved for insiders and the privileged few who chose their…

VOODOO ECONOMICS: Nefarious Objectives – By Dimitry Orlov

Source – cluborlov.blogspot.com “…You readily identify this state of affairs as a pure pyramid scheme. Since pyramid schemes all fail…you start looking for a way to front-run its collapse in order to maintain control of the situation. Your main short-term objective would be to avoid a worldwide panic by placing the global economy into something…

CONTROLLED DEMOLITION: ‘Chaos Theory’, What The Architects Don’t Want You To Understand About Economics

Source – canadianpatriot.org “…“What if a small group of world leaders were to conclude that the principal risk to the Earth comes from the actions of the rich countries? And if the world is to survive, those rich countries would have to sign an agreement reducing their impact on the environment. Will they do it?…

CONTROLLED DEMOLITION: Food Supply Spontaneously Combusting? Controlled Demolition of Supply Chain

Source – naturalblaze.com –  “…From grain elevators in Iowa, to sugar silos in New Orleans, to food warehouses in Essex, to grain reserves in Beirut — the world’s food supply chain is strangely going up in flames” Food Supply Spontaneously Combusting? Controlled DEMOLITION Of Supply Chain From grain elevators in Iowa, to sugar silos in…

CONTROLLED DEMOLITION: ‘Killing the Host’, Michael Hudson on ‘The Road to Neo-Feudalism’

Source – ellenbrown.com – “…For 95 percent of the population, the economy stopped growing in 2008, when Obama bailed out the banks and left all the bad debts in place. Since 2008, all the growth of GDP – all the increase in national income – has accrued just to the wealthiest five percent of the…

CONTROLLED DEMOLITION: ‘Lockdown Lunacy’, Your Government Ordered Depression Has Arrived

Source – davidstockmanscontracorner.com – “…In short, what we have is a government-ordered depression, not a macroeconomic recession that is purportedly remediable by a huge dose of monetary and fiscal stimulus. So the truth is, the Virus Patrol, not the Fed and Washington’s everything bailout brigade, is in charge of the recovery from the Q2 disaster”…

CONTROLLED DEMOLITION: ‘Buffer Overflow’, The Ghastly Future of Work – By Fred Reed

Source – unz.com – “… Buffer Overflow: the Ghastly Future of Work – By FRED REED  FRED REED • JULY 13, 2020  • 900 WORDS • 149 COMMENTS • REPLY A common topic around the web is whether automation will drastically increase unemployment. The usual scholarly answer is only a bit, and conservatives often insist that new jobs will always be found. Actually,…

CONTROLLED DEMOLITION: Beware the 21st Century Robber Barons – By Robert Reich

Source – commondreams.org – “…changes in bargaining power didn’t happen by accident. As corporations have gained power, they’ve been able to gut anti-monopoly laws, allowing them to grow even more dominant….The declining share of total U.S. income going to the bottom 90 percent over the last four decades correlates directly with the decline in unionization.…