@Mikkael I know its weird, someone gave me that link and I found it quite interesting considering last BIS (Bank of International Settlements) conference from October 25 2020 -> I suppose they are reffering to the above BIS conference (dont know why occured in comunist China... while the matter of that is about global central banks and BIS - the bank of all banks - is from Austria).
In BIS conference they inform us (this thing were not mentioned in TV news) that currently about 80% of central banks across the globe are introducing new global cryptocurrency system -> CBDC.

The guys from the conference in first post claiming that:
* very soon the new global cryptocurrency will be revealed (I dont know why they are claiming its Bitcoin..., I think it will not)
* depts across the world will be swiped out (hard to say on what conditions)
* they predicted that there will be major problem with votes counting during and after elections day in USA and whole case will last about 90 days
 
Is it Real or fake? Looks very weird for me.
My general perception of this video is that they treat themselves seriously and that of what they talk about. Still, the studio's arrangement probably has to, simulate the location in the government's facility and some official speech. And it looks a bit comically, at least for me.
 
@Gruchaa First vid is from some weird organization in fact, second one is from official strong 90 years lasting from Switzerland (I made mistake above saying its Austria, sorry), this bank has no jurisdiction and tax immunity.
The tweet corresponds to the the 2nd Bund Summit: Crisis and Opportunities: New Finance and New Economy in a New Situation, organized by BIS and held in Shanghai.
Link to video in English:
外滩金融峰会全体大会四|数字货币、金融科技与普惠金融
IMF has also a summary of the 2nd Bund Summit on their website which can be read on the link below.
Crisis and Opportunities: New Finance and New Economy in a New Situation

The first video was created by Mark Christopher, self declared as ‘man with a mission'. His Youtube channel, is packed with the same ‘mission’ messages. He admits he is presenting a scenario, very plausible in his view, and should it not happen, he will personally answer in front of his viewers.
 
@Ina Exactly, I also posted link to that conference above.
Btw. Have you heard in any public TV/Radio about that BIS conference? Because I havent... And yet it seems to be PRETTY MASSIVE case.
No, I haven’t. I follow on and off the WB, IMF, and the like but even so, the news are deep into special focus areas or projects. I did read about the Chinese digital currency pilot project, but I think it was on Zero Hedge. The MSM plus the plethora of associated commentary sites are either on a tangent like the first video or centred on political gossip and social engineering circus. So, it was a total delight when I saw your post because central banks seem now engaged into the digital currencies. I am not advocating as such for DCs but I like to see change happening. So sad it is in the financial sectors but that’s what is leading the World for the moment. Nevertheless, the fact that each central bank will have own DCs leads me to believe that in the end, current digital currencies will be changed or assimilated, maybe in the same way that you can or cannot access content for streaming from different countries unless you have a VPN. What are your thoughts about it?
 
@Ina I'm into cryptocurrency world since 8 years and have followed them since then carefully.
I suppose that governments realized that cryptos are inevitable and will not go anywhere, same way like Bittorrent protocol is (for downloading movies and other files). They also probably know that decetralized exchanges for cryptocurrencies are already here and their trading volume is growing fast every month.

So considering rising popularity of cryptocurrencies (technology behind them is more and more sophisticated and useful) THEY will propose THEIR own cryptocurrency, that will be based on global banks shared protocol that will make it easier to transfer that digital money across all bank accounts across the globe. Of course they will have full control of its issuance. Hard to tell currently how this (they call it CBDC) new currency will be issued and in what it will be covered (surefly not in gold ;]).
On every bank account we will have subaccount dedicated to CBDC or new national digital money based on CBDC protocol.

When they will announce that to the world? I suppose pretty soon during major crisis, that is already happening slowly in Europe, but my thoughts are we are currently wait for USA (another wave of coronavirus or its mutation, whatever). Riots and protests that have and will have basis on potential elections fraud will be main fuel here imho.

Good thing for us is that rest of cryptocurrencies will not go anywhere and people that will want it, will find others that help to learn how to use them.
 
It seems that the digital euro plan will be soon implemented
From a French article : BCE : L’opération « Grand Reset » est lancée ! (Ph. Béchade) - PLANETES360
For those who are interested, a translation below. Nothing unknown, except one more element that gives the impression that things are speeding up

ECB: The "Grand Reset" operation is launched!
(Ph. Béchade)


The planned advent of a digital euro could well mark the kick-off of a gigantic kick in the anthill given by the ECB, believes Philippe Béchade.

Christine Lagarde announced this Sunday the launch of an opinion poll concerning the issue of a digital euro that would be managed by a blockchain. The ECB president has thus decided not to wait for the deconfinements envisaged for the beginning of 2021 (in this respect, German Chancellor Angela Merkel mentioned yesterday that the exceptional health measures in force on the other side of the Rhine would be maintained until mid-March) to lift the veil on the plans to transform the institution's financial system.

"As Europeans are increasingly turning to digital in the way they spend, save and invest, we must be prepared to issue a digital euro, if necessary. I would also like to hear your views on this", said the former IMF boss. She added: "We have just launched a public consultation so that consumers and Europeans can really express their preference, and tell us whether they would be happy to use a digital euro in the same way they use a euro coin or banknote, knowing that it is the currency of the central bank that is available and that they can rely on. »

Except that the decision has in fact already been ratified, and that the main challenge for the coming months will be to make the transition to the use of a digital euro acceptable, if not desirable. The media will have a role to play here by being entrusted with the heavy task of evangelising the population. And if the general public rejects it, it will undoubtedly be blackmail for fear of the collapse of a system that has effectively been doomed since 2008.

For its part, the world of finance knows that this project has been under study at the highest level for months, probably for nearly a year and since the appointment of a "Mr. Crypto", in this case Benoît Cœuré, at the head of the BIS (Bank for International Settlements), the central bank of central bankers.

While the launch of "consumer" digital money would also make the ECB a retail bank (CBDC), the euro "2.0" would no longer be a currency to be used only between banks - which would constitute a profound change in the functioning of finance since the end of the 1990s - but by all individuals and businesses.

Put more explicitly, it is the central bank that would take control of the digital registration of citizens' savings and manage the day-to-day transactions. Therefore, fundamentally, it does not matter whether the medium is a blockchain or an evolution of a current "peer to peer" system.

A (r)evolution that raises fundamental questions

This major development also raises serious questions: how will our spending remain private? Who can guarantee this? Who will supervise credit? Who will be able to lend to whom? Who will pay back what, at what price and within what timeframe?

However, the ECB is not alone in the loop: Benoit Cœuré, the head of the innovation pole at the BIS and yet a "cryptosceptic", confirmed in a recent article in CoinDesk that internal discussions are now well advanced towards the implementation of a "retail CBDC" (digital retail money) that would further marginalise paper money, i.e. material money in the form that humanity has been using for three millennia (notes, coins, debt securities, etc.).

Under the pretext of convenience and "security" of transactions (no more credit card hacking), citizens would give up holding money in their accounts (admittedly, this has long since become a simple digital entry, but it is still transferable from one institution to another). Above all, they will no longer be able to convert their assets into cash by drawing notes from ATMs, which are already becoming increasingly rare.

The overwhelming argument is that, in doing so, all transactions will be dematerialised, in a quest for simplicity and speed, and the issue of hidden or dirty money will be resolved. More cash, therefore, and by extension more illegal work, more trafficking, and more corruption.

Secondly, there is propaganda: if you have cash and only carry out a few "traceable" transactions, you will be potentially suspect because you will be trying to escape the surveillance of the "system that sees almost everything" and is legitimately suspicious of what it doesn't see.

Once savings and personal financial flows (income and wages, repayment of monthly credit payments, etc.) are "merged" into the global digital system, and no longer atomised between multiple financial institutions, the central bank will simply press the "Enter" key to create money at will or press "Delete. "to freeze accounts, block all transfers and all kinds of financial transactions imaginable.

The Holy Grail of monetary authorities

This is the Holy Grail for monetary authorities who had been dreaming since 1929 of making a "bank run" impossible and, in recent years, of generalising a Cypriot scenario which Christine Lagarde explained as "a source of inspiration", an example for the future. Here we are launched at full speed towards an eradication of the risk of massive withdrawals of bank savings or their export to other countries.

But fleeing is what any rational saver would do to avoid having his or her assets confiscated or having negative interest charged on liquid assets, as in Switzerland.

The "reward" for approving this system would be that the central bank would be able to pay us directly money - of the universal income type, but with a different name such as "contribution to economic recovery" - into each "digital account" without having to carry out complicated administrative procedures (indicating which bank account to credit, validating a standing order, paying high fees for changing accounts, etc.).

A new variation of blackmail to fear
Above all, the ECB could thus immediately measure what use is made of this "magic money" and correct the situation if the flows do not take the expected direction, in order to restore order... and even to make order reign in every sense of the word....

For we are also heading towards a marginalisation of the role of governments, more or less reduced to directing media action in the desired direction, as in every popular consultation, if this is not enough to generate consent or muzzle popular anger.

With one "state of emergency" after another, the ban on demonstrations has now lasted for eight months, the longest suspension of one of our most fundamental rights since the German occupation! The health crisis, from which our freedoms have been eradicated without any parliamentary debate, and the sacrifice of hundreds of thousands of jobs and tens of thousands of entrepreneurs are the price to pay for the radical transformation of our post-World War II "debt-currency" model.

The debts of future generations are so huge that they are already beyond repayment and this "debt currency" will be gradually transformed into "units" of "central bank" money, take it or leave it.
Knowing that "to leave" would be equivalent to a Greek scenario which we will not fail to be reminded that it has value as an example of what must be avoided at all costs.

It's so huge that no one can imagine it, just as no one could have imagined on November 3, 2019, that a year later it would take a derogatory certificate to get a baguette or a box of Doliprane, or to walk your dog within a kilometre of your home. No, no one would have imagined it, but that is indeed what happened, thanks to the astonishing effect associated with fear blackmail.

This is a perfect illustration of the principle that a conspiracy is never better protected than by the disbelief of those who are its victims.
 
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The Great Reset for Dummies . . . .

The Great Reset for Dummies

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The Great Reset for Dummies
Where do we go from here?
Tessa Lena
Oct 28


The peasants are getting fat, and they are breeding!
Oh no.

What is “the Great Reset”?

The Great Reset is a massively funded, desperately ambitious, internationally coordinated project led by some of the biggest multinational corporations and financial players on the planet and carried out by cooperating state bodies and NGOs. Its soul is a combination of early 20th century science fiction, idyllic Soviet posters, the obsessiveness of a deranged accountant with a gambling addiction—and an upgraded, digital version of “Manifest Destiny.”

The mathematical reason for the Great Reset is that thanks to technology, the planet has gotten small, and the infinite expansion economic model is bust—but obviously, the super wealthy want to continue staying super wealthy, and so they need a miracle, another bubble, plus a surgically precise system for managing what they perceive as “their limited resources.” Thus, they desperately want a bubble providing new growth out of thin air—literally—while simultaneously they seek to tighten the peasants’ belts, an effort that starts with “behavioral modification,” a.k.a. resetting the western peasants’ sense of entitlement to high life standards and liberties (see awful “privilege”).

The psychological reason for the Great Reset is the fear of losing control of property, the planet. I suppose, if you own billions and move trillions, your perception of reality gets funky, and everything down below looks like an ant hill that exists for you. Just ants and numbers, your assets.

Thus, the practical aim of the Great Reset is to fundamentally restructure the world’s economy and geopolitical relations based on two assumptions: one, that every element of nature and every life form is a part of the global inventory (managed by the allegedly benevolent state, which, in turn, is owned by several suddenly benevolent wealthy people, via technology)—and two, that all inventory needs to be strictly accounted for: be registered in a central database, be readable by a scanner and easily ID’ed, and be managed by AI, using the latest “science.” The goal is to count and then efficiently manage and control all resources, including people, on an unprecedented scale, with unprecedented digital anxiety and precision—all while the masters keep indulging, enjoying vast patches of conserved nature, free of unnecessary sovereign peasants and their unpredictability. The king’s world feels far more predictable and relaxed when the chaos of human subjectivity is contained for good.

Plus, as a potentially lucrative aside, a bunch of these tightly managed “assets” can be also turned into new financial instruments and traded. Game on!

In other words, it’s an “efficient” global feudalism that goes much farther than its medieval brother since the scanner is all-seeing: every person, every mineral, and every berry is digitally tagged and tracked. Under that framework, every peasant has a function that is derived not from the mystery of life, and not from their inner calling—but from AI, the master of efficiency and the servant of the king. Ideally, the peasants can be convinced that it’s good for them (or necessary to be safe, see “contact tracing”) and that this is what progress and happiness are like—but if not, there are other ways, from classic violence to virtual prisons to “morality pills.”

The reform in question is meant to disrupt all areas of life, on a planetary scale: government, international relations, finance, energy, food, medicine, jobs, urban planning, real estate, law enforcement, and human interactions—and it starts with changing the way we think of ourselves and our relationship with the world. Notably, privacy is a huge thorn in the collective eye of our “great resetters”—and—as I am typing this, they are pushing their sweet talking points about how privacy is really an outdated concept—especially when it comes to people’s medical data, sheesh—and that we simply cannot move forward with the bright future if silly people keep clinging to their privacy.

I will briefly go over different elements of this slippery reform in a sec—but to sum it up, the desired end result is a giant, joyless, highly controlled global conveyor of everything and everybody where privacy is tremendously expensive, dissent is unthinkable, and spiritual submission is mandatory. It’s like a 24/7 medicated reality, except the medications are both chemical and digital, and they are reporting you back to the mothership, which can then punish you for bad behavior by, say, blocking your access to certain places or by putting a hold on your digital bank account—perhaps without any human intervention at all.

Thus, on a sensory level—as it relates to money and power—this conveyor is an attempt of the super wealthy to organize and monetize their “assets,” including people—more efficiently than ever before. On a theological level, the initiative is shaped by transhumanism, a formal belief system rooted in a pathological feeling of being repelled by all things natural—and a resulting view of biological forms as defective robots, which are made perfect, serial killer perfect, by merging with machines in a way that redefines the meaning of being alive and defies death itself.

I would like to stress that we should never underestimate the importance of subjective feelings and theology in the shaping of historical events. Our entire history is a sum of subjective choices—where the choices of the more powerful and the more driven weigh more. And religious reform, which typically stems from various powerful individuals’ subjective preference for what the big picture should be like, has been a driver of large-scale social, economic, and cultural changes on this planet for centuries. What we are looking at here is a new religion—and as much as I want to believe in the general cleanliness and rationality of the system—on the higher level, we are not dealing with a rational, scientific, honest, benevolent—or even misguided—attempt to make things better. When it comes to the masterminds of the Great Reset, we are dealing with a combination of standard greed—and the emotional pathology of restless, rotting madmen who are freaking out over the maintenance of their property in this new era, and who resent their biological nature as such and want to be gods. Sadly, the crazies are rich and well-connected, and they can hire a million underlings to put on a convincing, feel-good, rational external-facing presentation about their new religion. And to bribe the media. And politicians. And academics. And campaign organizers. And non-profits. And let’s not forget my brethren, the artists, who, out of starvation and indignity, will then create beautiful, artful, moving ads for anything that pays. And by the time the circle is complete, we have a brand new public opinion and technically, still a “democracy”! If only those conspiracy theorists went away…

So, who are the people leading this, and how coordinated is this effort?

From the looks of it, it seems to be the usual suspects: top capitalists of the world, historically wealthy dynasties from different parts of Earth, members of secular and religious royalty, billionaires, etc.—in other words, it’s the people who have enough money to feel like this world is theirs, the 0.0001%—and maybe also the people immediately under them who are seeking upward mobility. Some familiar faces, some faces we’ve never seen.

Obviously, they are not a monolithic mass, and I am sure that they don’t agree with each other on everything and probably compete over who gets to eat more peasants. There is certainly rivalry between the American and the Chinese elites, for example, or between the American and the Russian elites—as well as between different individual super sharks. But all in all, even as they compete, they have shared interests and shared messaging, and there is more strategic camaraderie and common ground between them than between any of them and any of the peasants. For example, none of them is likely to turn down the idea of creating a new class of financial assets to make money off! In addition, they also have advisers—who, in turn, are competing with each other for the highest pay, trying to push their ideas through. All subjective, yet also extensively—and expensively—coordinated in areas of their shared interests.

And currently, the “winning” concept of the day seems to be a world filled with abbreviations: AI, 5G, IoT, and so on. A world where the money is digital, the food is lab-grown, where everything is counted and controlled by giant monopolies, and the people are largely deprived of free will. A world where each element of nature and each living being is either a data host, or a source of energy—or both. A world where the flow of the peasants’ everyday is micromanaged by ever-monitoring, ever-nudging AI that registers thoughts and feelings before the people even get a chance to make those thoughts and feeling their own. A world where living itself is outsourced to the machine, and a human being is essentially a meat suit.

Now, I don’t think that this exact vision will ever come true in full. It is likely to implode before it gets half-way there—and some of what I just described is no more than daydreaming of a very broken mind. But the powerful crazies are trying their best to make this nightmare reality. Thus, the danger is not in being overtaken by suddenly self-conscious AI but in the disruption of normal life and in the utter misery that the crazies may cause to our minds and bodies as they rush to slice and dice the world, using various convenient catch phrases such as “global health crisis” or “climate change.”

And yes, there is definitely coordination and continuity, as there is continuity in dynasties and philosophical trends. Some of it is more ephemeral, and some of it is more concrete. On the ephemeral side, the vision of the “resetters” is related to the futuristic ideas that were popular in the early 20th century, to the dream of a global corporate monopoly that propped up the bolshevik revolution of 1917, and to the overall crave of controlling the world with technology, something that was attempted and failed in the Soviet Union in the 60s—using the language very similar to today’s. On the concrete side, the Great Reset (which by the way is very well coordinated, to the extent that both Biden and Johnson are using the same coded words put forward by the WEF) grows out of the post-WWII efforts to maintain a “correct” power balance in the world, with “correct” financial interests reaping the benefits.

The “sustainability” language, which is an important pillar of the Great Reset marketing kit, was initially created as a part of various United Nation’s programs—such as “Agenda 21” and “Agenda 2030,” and I am sure that during the production of those programs, both elements—conspiracy and benevolence—were present. Both are sets of extremely dry and boring documents about resource management and justice, which read like something written by a tired, square Soviet teacher with a good grasp of bureaucratic terms, written mostly to justify the paycheck of the bureaucrats and the existence of the United Nations. What’s interesting about the latter is that typically, the UN is pretty useless, meaning that people get together, talk, come up with long bureaucratic documents and non-binding resolutions—and then nothing of essence happens. But not this time. Not now. The program’s on! So it must be important to somebody who’s paying. And yes, I am cynical. In everything that happens, there is always a combination of good intentions, greed, ambition, personal relationships, financial interests, delusions, and so on. Politicians talk to financiers, generals talk to politicians, somebody is somebody else’s uncle, and this is how things get done. Unfortunately, the less straightforward the top-down messaging, and the more abundant the propaganda, the less the value of good intentions, and the easier it is for villains to pull off utter absurdities.

And of course, initiatives of such great magnitude may go through very long and quiet “planning phases,” during which the desired ideas are being planted in the heads of the desired people through private conversations, small meeting, funded research, industry conventions, and the like. So by the time the “action” button is pressed, it feels like a trend is already there. And let me repeat again, absolutely everything in history is a result of subjective choices made by subjective people. The way everything in history happens is that people get together, decide what they want to do, and do it. When important people act, the impact is more visible. So, in a way, everything is a “conspiracy,” because everything comes through human agency. And often, the important people cover up their deeds, that shouldn’t be a radical idea.

And yes, by now, the top power holders in the West have figured out that it’s more cost-effective and less labor-consuming for them to just bribe the media “of record,” the scientists, the academics, the politicians, and even the “controlled opposition”—and have them convince the peasants—than to police everything and everyone by force. And by the way, while the pinnacle of this tower is a conspiracy in earnest, in a sense of it being a coordinated effort where the masterminds are acting in general alignment with each other, without disclosing their true long-term goals to the peasants—the rest of the tower is probably the usual human stuff, multiplied by the lack of the old-fashioned, moral sense of responsibility. The usual human stuff is a medley of ambition, hustling, greed, carelessness, arrogance, and even good intentions. The closer to the bottom, the more ignorance and the better the intentions—because most people do believe that they are doing good—but it doesn’t change the tragic trajectory of the “resetting” cavalcade.

Okay but maybe hold on, there is a real crisis, and the rich have woken up because they want to live? What if there is no conspiracy per se, and they have simply realized that the planet is a mess, and now they want to address the issues of overpopulation and pollution because there really are too many people on the planet who are all over-consuming and polluting? What do you say to that?

I am glad you asked, so let’s talk about that.

It is absolutely true that the soulless, utilitarian approach to nature, to life, and to other living beings has been extremely destructive—with the most immediate, most visible destruction outsourced to “third world countries” and to the less financially fortunate people in the West. (See landfills, Cancer Alley, and unhealthy, poison-filled non-organic foods). It is true that massive consumerism and the use disposables (brought to us by more or less the same parties who are now scolding people for consumerism) have created a lot of messes. It is true that our oceans and lungs are full of plastic, that the amount of chronic disease is skyrocketing, and that many species are dying off. It is true that our soil, our food, and our bodies are tainted with highly toxic glyphosate. It is true that usually, decades pass between the time manufacturers realize the toxicity of their product and the time when saying so in a conversation stops being a conspiracy theory. All true. However, it is also true that the people who are pointing fingers at social ills and telling us that we need a Great Reset are from same camps and lineages that have caused it in the first place. It is true that underneath the language of their marketing brochures, there is toxicity and havoc that greatly exceed what we have today. Thus, they are either idiots or liars—and I am afraid it is the latter. However rich, they are not even remotely morally qualified to fix anything in this world. And whatever we choose to do to heal our relationship with nature and with each other—it definitely isn’t the technofascist, neofeudal Great Reset.

A metaphor: If the leader of the Rapists Party came up with a Platform Against Rape that didn’t stop the raping but that rebranded the very act by saying that if one uses a pink dildo made of recycled plastic to penetrate, then it’s not rape… would you think it’s a platform against rape in earnest?

So no, they are not the people to lead the way (just check out this garbage in space idea). If we go along, we will end up with a world that looks like this:


Speaking of solutions, there are plenty of activists and local leaders, such as Vandana Shiva, for example, coming up with ways to heal our relationship with nature. There are whistleblowers. There are lawyers fighting corporate giants and sometimes winning. There are doctors risking their careers to protect their patients. There are local farmers. There are artists baring their souls. There are truth tellers. There is dignity, and there is respect if we insist on them. I believe that good long-term solutions come from inner honesty and peace, and that each of us possesses the unique genius that helps us locate our piece of the puzzle, which ultimately heals the world.

As far as there being too many people on the planet, I think even that is spin. Actually, Vandana Shiva has produced analysis of industrial vs. traditional local agriculture in terms of numbers, and it looks like we’ve been lied to by Big Ag about their importance, too. Also, the biggest “demographic problem” in the West right now is the growing number of the old vs. the young. And even in the “developing world,” the trends seem to be different from what we are are taught to think. And furthermore, the planet has enough for all, and the reason we are facing scarcity is because that 0.0001% of people control a lot. Ironically, they are the same people who are worried that there is not enough, pushing the idea of overpopulation—often while breeding enthusiastically—and infecting young brains with the idea of overpopulation to the extent that now, some middle-class young people don’t want to have kids, “to save the planet.” How messed up is that?

And yes, the idea of overpopulation has been worrying the leaders for some decades. I would argue that at times, their thoughts have carried eugenics overtones (see, for example, this 1974 Kissinger Report that brags about “incentivizing” Indian men to get vasectomies). And no, it wouldn’t be completely crazy to posit that eugenics didn’t quite go away since Hitler has ruined the brand, and that whoever believes themselves to own the world, probably wouldn’t mind a little more surgical management of the demographic trends. Can I read their minds? No. I can’t say who exactly thinks what exactly, and luckily for me, I am not invited to their meetings—but every now and then, personas like Gates or Prince Charles say things that sound quite Hitleresque, and it make me wonder. On the other hand, I don’t find it particularly shocking because human nature hasn’t changed since the time when eugenics was socially acceptable in the “respectable society.” Thus, my theory is that some powerful people of the world are truly evil and probably fiddling with eugenics—and some are probably just indifferent to the desires of the peasants—but on my end, I don’t really care which one it is. Evil or indifferent, I don’t want them to destroy my world. Is that too much to ask?

My job is Poison Distributor.
My condition is
Hatred of Biological Forms.
They call me deranged
But I am the sanest of all.
They call me a merciless killer,
A sadist, a robot, a king.
But I am just a perfectionist.

My job is Poison Distributor.
My religion is
Hatred of Unpredictable Shapes.
My poison will find you
In words,
In the water you drink,
In food,
In the air your breathe,
This way or another,
It’ll find you.

My job is Poison Distributor.
A very practical job.
You are welcome.

Now, let’s quickly look at the areas that, according to the blueprint of the Great Reset, need to be disrupted and completely redesigned. That is a giant topic in itself, and I will only touch upon it lightly, with a special focus on the language used and how it overlaps with the “pandemic response.” I strongly encourage you to go to the World Economic Forum website and look around.

Statehood and Governance.

In the new world, countries still exist but they all abide by a central order. It’s “cooperative” (wink, wink). A lot of government functions are automated and delegated to AI. Decisions are based on data and algorithms, there is no privacy, and there is a lot more fluidity as far as migrations (so unfortunately, the very humane sentiment of being kind to immigrants that is being promoted in the media might not about kindness, which is a bummer to me personally). There is also a possibility of replacing human governments with AI altogether, but not immediately. The reasoning is simple: In order for the super wealthy to manage global inventory, individual governments have to act more like mid-level managers accountable to international authorities than like independent federal governments.

(Remember how “mom and pop shops” were pushed off the market and replaced by chain stores? Same thing here except in this case, the mom and pop stores are countries.)

Traditional America, now, is very much in the way of this. Its habit of generous consumption and free expression, its self-centered foreign policies, its sense of entitlement, and its big suburban houses are a no-go. A traditional, independent, strong America is an obstacle. In that light—and with a disclaimer that I don’t think that there is such a thing as a just empire, I feel like there is an active effort to “even America out,” to co-opt its government, to destroy farms and small businesses—especially the ones that are not consistent with this all-digital future—and to bring down the entitled middle class, especially in “outdated” career paths. It feels like we are currently in the middle of a “color revolution,” a soft coup. Usually, American elites do it to other nations—but now it’s happening on the domestic soil. It feels like the Great Reset agenda, through its messengers and through its money, is shaping both the schizophrenic “COVID response” and the suddenly mainstream and well-funded, super corporate “social justice / climate” movement, which are all at this point intertwined in terms of messaging. Both pretend to promote pubic good, and both skillfully weaponize real issues and get a rise out of people who have a real love of fairness in their hearts—all to clear the way for the financial goals of the “great resetters”—such as a complete erosion of privacy (see contact tracing), moving all human activities online (see, well, everything), AI-based law enforcement and precrime (see “defund the police”), and so on. And yes, America has many honest problems. But it’s not like the current structures are being replaced with a council of spiritually grounded, wise indigenous elders who are deeply connected to Earth and who will not hurt any innocent life. What’s being attempted—however fuzzy the marketing coverup—is far worse, far less humane, and far more destructive than what we have today. I don’t like it.

Finance.
It’s digital currency, crypto, and mobile payments all the way. The citizens must be totally transparent and leave a trace of everything they do, remember?

Food.
All I can say is I hope you like cockroach meat, because it’s coming.

Cynical remarks aside, the “future of food” is a disaster. The liars in high chairs have the nerve to use good words like “sustainable development” but there is nothing sustainable about this thing. It’s BigAg on steroids, very toxic. And, incidentally, it’s also energy-consuming as all these robots, sensors, and data centers ain’t free, but who’s counting that.

Also, today’s farms have to go. Not only are the pesky traditional local farmers competing with patented lab-grown food and—also patented—GMOs, and—also patented—soils—they are also taking up the space needed for royal recreational areas, as well as wind turbine and solar panel parks (which all take up a lot of space, by the way). And what do you know, maybe the kings really want to “conserve” some patches of nature by keeping it free of people. It’s their inventory, after all, it makes sense to maintain it well.

No wonder the “COVID response” is hitting the farms so hard, forcing them to go out of business…

Agriculture

GENetwork

Now a new global citizens report, published by Navdanya shows that behind do-gooding image of the Gates Foundation lies a toxic philosophy of philanthrocapitalism that relies on corporate takeover of our seed,agriculture, food, knowledge and global health

Greedy Gates
Bill Gates is one of the richest people on earth and the founder of the world’s largest philanthropic organization, the Bill and Melinda Gates Foundation.Now a new global citizens report, published by Navdanya International, shows that behind the do-gooding image of the Gates Foundation lies a toxic…


Medicine.

So far, in both medicine and education, we are very much on track, thanks to the global pandemic…

Energy.
Now, this one is interesting. Because fossil fuels, the devil of today’s marketing, are genuinely bad. It’s true that oil extraction is abusive to the planet. The spills create a lot of havoc, and they happen all the time. Oil barons are bandits. People who live close to refineries get sick. Plastic, which comes from oil, is polluting everything, from the oceans to our stomachs and lungs. However, fossil fuels are also the only energy source—besides nuclear—that is currently capable of supporting the world’s population’s consumption levels. Furthermore, if you look under the hood of “green,” it’s not that green, really, unless we are talking the color of money. Solar panels take up a ton on space (see below), they degrade quickly, and turn into toxic heaps.


Back To Nature

Wind turbines also take up a ton of space and have their own problems. Both are highly dependent on weather and don’t provide sufficient energy. It is also noteworthy that the recent film by Michael Moore, Planet of the Humans, which was exploring some of the not so green aspects of “green energy” and shedding light on some of the corruption in the environmental movement, was attacked by the leading environmentalists to viciously and so uniformly that the film was removed from major platforms and kind of disappeared from the public eye.

Anyway, what’s going to happen if fossil fuels go away? By the way—and this is an important point—I am not actually convinced that the “resetters’” intend for fossil fuels to truly go away. I think we could be looking at an act of rebranding. I did think until recently that they really wanted to “disapper” fossil fuels—but then I looked into “climate tech”—and now I am thinking that the things are more complex, that it could be a strategic geopolitical maneuver. I don’t know. There are some peculiar technological overlaps between fossil fuels and “green” energy—but time will tell. In any case, if they either go away or pretend to go away, we’ll quickly discover that wind and solar are not cutting it—and then, we’ll meet our new king of “green” energy, nuclear fusion, yay.

When that happens, our friend, the famous philantrocapitalist, will come to rescue. He is heavily invested in nuclear fusion reactors—in fact, his favorite project, according to himself. (Actually, he happens to be very deeply involved in about every bullet point on the Great Reset list, what a business genius he is.) But wait, to make the intrigue even more interesting, the WHO, which of course enjoys his generous funding, has in the past gone to great lengths to underplay the health toll of nuclear incidents such as Chernobyl and Fukushima.

Speaking of energy and finance, let’s talk about “human capital.” In the new world, “human capital” is not just a metaphor for HR or labor. Microsoft, for example, has a patent for a method of transforming human behavior into cryptocurency, which is done through an unspecified device coupled with a server that registers body activity and “mines” crypto. Since under the New Normal, digital and crypto are supposed to become mainstream, this looks suspiciously like a tool that can be used both to tightly control the behavior of the poor who may depend on this for income—and to literally mine the bodies of otherwise “useless” welfare dependents / UBI recepients for energy (which, by the way, is an actual thing, believe it or not).

Furthermore, this patent could potentially be used to create a new financial instrument because, if mined for energy, these people become “assets” that could possibly be bunched together into virtual portfolios and virtually traded. See how neat? Now, we are talking proper serfdom! And yes, this sounds very sci-fi but let’s not forget how some billionaire “visionaries” think—not like normal people, or else the workers at Amazon warehouses wouldn’t be wearing diapers to skip bathroom breaks. Also let’s not forget that today, there is trading of very theoretical items as well as betting on weather. A lot of money in this world is made on strange, arbitrary things!

Speaking of weather, the Great Reset also legitimizes the dangerous, invasive atrocity that is geoengineering, and makes it potentially “cool” and “life-saving,” just like some “climate change movement” white papers do. I noticed that and mourned that fact a couple of years ago, screaming from the rooftops about how messed up it was. Spraying toxic crap in the air is cool and “green”? What an act of linguistic trickery.

Also, a word on carbon. I am not going to get into the entire thing because the article is already long, however, it seems that whatever the story of carbon was at birth, by now the story has transformed into a tool of creating a market out of thin air, and a bunch of financial instruments to make money off, also out of thin air. For example, look at this plant, backed by Gates and some oil giants. My favorite part is that after carbon dioxide is removed from the atmosphere using a cocktail of chemicals, one of the ways to store the loot is to burn a bunch of trees (sorry, “biomass”). Yes, that makes perfect sense, because who can make money off simply leaving trees alone and letting them do the job, for free? What kind of idiot would allow that?

I would also like to point out the fact that when it’s stored, it’s stored deep underground in ways never done before. (What does is do the inner processes of the planet? Did anybody think this through?) It also requires building pipelines to transport carbon dioxide from one place to another, much like transporting oil. And finally, carbon capture and storage is incredibly energy intensive, and the energy comes from… fossil fuels? Nuclear? Wind turbines that then have to take up half of the planet’s surface? Oh I don’t know… And speaking of language, the goal is not “zero carbon emissions,” it’s “Net Zero Carbon Emissions,” which means that we can keep polluting, and then build a new lucrative industry on top of it, while creating a new kind of pollution. In other words, business as usual…

Also, while we are on the topic of “green sustainable development,” isn’t building a lot more surveillance tech and infrastructure—which are all extremely energy-consuming not to mention unclean—at odds with the idea of green? I thought about it a while ago when I read, with great initial excitement, the text of the Green New Deal proposed legislation. I was, like, yay justice and indigenous rights, yay…. wait… “smart” power grids? Isn’t it exactly what Big Tech wants, and doesn’t it imply a need for smart sensors that come with more infrastructure and satellites, more towers, a loss of privacy, and new kind of wireless pollution producing untested health effects? It stopped me on my tracks and compelled me to look into various “green” initiatives—and as a result, discover various skeletons in the closet. And then I stumbled into the work of Cory Morningstar, and I was like, wow. My instincts were right, it’s not exactly what it seems!!

Now, this provides a nice segue into how the “global health crisis” narrative plays into the Great Reset.

First, some housekeeping notes.

As I said before, the Great Reset is an extremely ambitious plan of restructuring both the world’s economy—and the very notion of what it means to be alive. (Is an AI-nudged zombie whose decision-making is externalized really alive?) Without a cooperating population, this ambitious economic and religious reform cannot succeed.

What is the best way of making the population cooperate with this very strange reform? It’s fear—because promises of pleasure are not enough to pull off such a massive and bizarro shift. Thus, it has to be fear and stress, whether it’s because of an external enemy, a prospect of a natural disaster, or a disease.

Let’s not forget that prior to 2020, there has already been a very expensively organized fear narrative, supported by more or less the same players who are now pushing for the Great Reset. I am of course talking about the weaponized “climate change” narrative. And while there are plenty of environmental problems that need to be addressed asap, the corporate “climate change” movement has been strangely focused on messaging that roughly coincides with the messaging of the Great Reset campaign, serving their financial goals—and the funding trajectories also overlap. So it looks like the financial interests behind the Great Reset tried out to use the “climate movement” first but it didn’t generate the desired fear levels quickly enough. Not enough people cared. I have personally sat through a training session, and am familiar with “organizing” and the neurolinguistic programming tricks that are supposed to make the audiences very worried about the climate. The messaging is very well thought-through and gives away a generous financial backing, it’s not a hippie grassroots movement—even if a lot of individual people sincerely pour their souls into that. Just like rank-and-file Jehovah witnesses knocking on your door might be extremely sincere.

As a human being, I don’t trust any entity that coldly, calculatedly, tries to make me scared and trigger a stress response. The people I listened to didn’t seem very afraid themselves. They were well-fed, middle-class, and not underemployed. They were not afraid to be arrested at a protest—and actually they sought to be arrested, without any fear for their future employment. After seeing that, I started asking questions as to why they wanted me to be afraid, and what they wanted me to do. When I started asking questions and researching, it turned out that the trajectory of “solutions” included things like smart grids, electric cars (that are not remotely green), and geoengineering. That, to me, was not acceptable. It also meant that they didn’t really respect the planet because if they did, they wouldn’t want to stick towers everywhere or spray crap in the atmosphere to block the sun. Now, it is very possible that the environmental movement was good and honest when it just started—but a lot of it has been since hijacked, in a very stealthy way where the people on the ground don’t even realize whom they are serving. And again, let me repeat: There is a tremendous need for true sustainability, it’s just that the practical measures implied by the coded marketing language are not sustainable at all!

In any case, scaring the people with the official narrative of the climate emergency definitely created a ripple in people’s consciousness and a degree of environmental anxiety, especially in Gen Z—but it didn’t do enough to either paralyze or mobilize. But when the virus came along, as if by magic, things started falling into places quickly—things that had been unthinkable before. No, I am not saying that the virus isn’t real. And I am not making any definitive statements about where it came from or how it came about. I have my theories but some things, I just won’t know, and can’t change. But what I know is that the reaction has been absurd, unprecedented, and strangely consistent with the action items that had already been on the agenda. Speaking of emergencies, Woodstock happened during a big pandemic…

So let’s see.

Did we forcefully move most activities—such as education, medicine, shopping, sex, and recreation—online for now, as we are working on “digitizing” the physical world, for easy tracking and surveillance?
Check.

Did we, despite the lockdowns for white collar peasants, continue with construction—including very robust construction of new telecom structures and cellular antennas, necessary to support the IoT?
Check.

Did we succeed at near destroying the livelihoods of many independent farmers who were competing with our new “edible” products, and also at disrupting the traditional food supply chains?
Check.

Did we also succeed at destroying a good number of small face-to-face businesses?
Well, of course!

Live music venues and theaters?
For sure.

Are we working on replacing law enforcement with AI?
You bet! Defund! Defund! Defund!

Are we trying to legitimize complete erosion of privacy and easy access to private health data?
Yes! Because health emergency.

Are we on target when it comes to tracking every movement of every person?
Contact tracing, yes! But some countries are still behind.

Is a digital health ID now required for international travel?
Yes, Common Pass is live!

Have we been able to disrupt political and legal procedures and create chaos?
Yes, Sir!

Importantly, have we succeeded at messing up human thinking and relationships to the extent that we, the robot, the abuser, are now everybody’s only friend?
Still working on it but close.

Are we well on target with prepping the people for a broad rollout of smart wearables?
Yep. Wear your mask.

Are we legally controlling people’s sex lives?
Yes!

Speaking of, state control of people’s bodies and sexuality is a classic sign of a religious reform. Whenever that happens, watch out.

Or let’s take lockdowns, for example. Lockdowns and restrictions of movement and physical contact are great tools of behavioral modification—and behavioral modification, also known as social engineering, is for sure a very respected art form among the powerful ones. A self-respecting social engineer plans ten steps ahead and creates situations in which targets beg for desired changes! I posit that currently, we are subjected to an involuntary S&M dance. We are in the middle of a ritual of designed to create a sense of confusion, insecurity, and dependence—eventually to be resolved by our Masters, for which we will be very grateful because we will just want to the unbearable tension to be resolved. Already, many have developed the Stockholm Syndrome, siding with the abuser. The measures are entirely arbitrary—but it doesn’t matter, we are expected to comply and to accept that our suffering and deprivation are for our own good. It makes us a “better person.”

In the eyes of a psychopath, there is no joy.

In the eyes of a slave, there is an acceptance of a strange feeling of numbness where the soul used to be.

Where do we go from there?

I, for one, don’t think that we should accept the darkness. I think that our best option is to insist on dignity and to find our hearts. Our hearts will tell us what to do next.
 
I think that what they really are after is more state control and elimination of private banking. For example, if you are a wealthy person (or part of the mafia competition), you can create your own private bank, and lend yourself money for your further ventures (or bogus enterprises) leveraging fractional reserve. Even better: create a private bank in some foregin country, and make debt there. CBDC eliminates that kind of practices, all-electronic transactions give ability for auditing and fraud detection, and the state can decide which parts of the economy to support during crises. Or so I’ve been told by CBDC advocates. [sarcastically] How can you not agree that this is a good thing?

But I wonder, why is there so much talk about blockchain technology in the context of CBDC? It is totally useless in what they are after: a centralized, unbounded non-anonymous system. Maybe the discussion about the blockchain, smart contracts (they certainly want you to create your own financial instruments… not), Proof of Something consensuses are a distractions for people to be preoccupied? Also, a lot of people conflate blockchain with Bitcoin, and that legitimizes CBDC in their minds maybe?

Just my thoughts. Waiting for the power grid outages that will render all-electronic money a science fiction idea 🍿
 
Interesting assessment/commentary from Alex Krainer about the coming shift. The title says it all.

About that imminent banking crisis… don’t hold your breath. We get inflation instead!
November 9, 2020

A subtle understanding of economic change comes from a knowledge of history and large affairs, not from statistics or their processing alone…
Arthur Burns, former Milton Friedman’s economics professor and Chairman of the Federal Reserve.

While the the ultimate resolution of the current economic imbalances will have very significant long-term consequences, it also has important shorter-term implications for investors. Namely, the fear of banking collapse has driven many investors to accept negative interest rates since they prefer to lose a little bit over time by holding title to redeemable securities than to hold cash in the bank and risk losing most of it. If the Global Systemically Important Banks (GSIBs) will be perpetually bailed out, then this logic no longer holds and investors will reject interest rates lower than inflation. That could ultimately lead to a collapse of the bonds bubble, which in turn would burst the equities bubble. Either way, the future promises to be interesting.

What with the failing banks?​

Those of us who spend time analysing financial markets have been anticipating an impending banking crisis for years now. A number of GSIBs as well as many lesser banks have been struggling under an increasing burden of bad debts and deteriorating credit quality in their balance sheets. Deutsche Bank, probably the worst offender, has been on death watch since 2016. But as years went by and doubts about the bank’s solvency multiplied and compounded, no banking crisis materialized.

Then, in September 2019 the REPO crisis burst on the scene, a sure sign that one or several large banks were insolvent. However, the Fed stepped in and provided the liquidity to plug up the holes. Meanwhile, the crisis never went away and the Fed’s REPO facilities metastasized, from the initial $100 billion/day to reaching ultimately $5 trillion in varying maturities (if fully allocated). Nonetheless, virtually all of the analysts I read still expect an imminent collapse of a GSIB (chief contenders are Deutsche Bank and HSBC). But as months go by the imminent collapse still hasn’t happened. And then it hit me: it might not happen at all!

Everyone who understood that many of the GSIBs are walking corpses and that their failure is inevitable and imminent assume that the banks are subject to normal market economy where business failure leads to – well, business failure. For an institution like Deutsche Bank, with $49 trillion in derivatives exposure and only just over $70 billion in loss absorbing equity (implying a 680x leverage), even slight adversity could spell game over. But with the insane global pandemic policy response we got a bit more than slight adversity: we got a severe global recession. But for now, the GSIBs are still happily coasting along… and they may continue like that for a long time.

I grew up in a socialist regime in former Yugoslavia. For as far as I can remember, during the 1970s and 1980s the economy was in a crisis – yet we never had bank failures. What we had was a system where the government and our central bank issued all the credit needed to cover bad debts and keep zombie companies and their creditor banks operating. I think by now this should sound familiar to everyone in the West.

The silent coup​

I confess, I was slow to wake up to all this. The signs of the creeping coup that fundamentally transformed the financial/economic order in the developed world have been out in plain sight for quite a while. The changes may have seemed incremental since the “socialist,” planned economy already operated alongside free market economy for decades. I’m talking about the military industrial complex, big oil, big agriculture and the big banks who could always count on government subsidies and periodic bailouts to exempt them from the exigencies of free market competition. All that had already become accepted as normal in our supposedly capitalist free market system.

But under this year’s New Normal, the free market segment of the economy is being systematically destroyed and the society’s capital is being channelled to the largest of large multinational corporations and the Global Systemically Important Banks. The coup was actually declared by the former ECB chief Mario Draghi, who’s already built a reputation for staging silent coups and who has proven his disregard for market rules and equal contempt for the rule of law.

One thing Mario Draghi is not known for is his passion for public welfare and health, so he may have surprised many with his 25 March Financial Times column titled, “We face a war against coronavirus and must mobilise accordingly.” In that article, Draghi unveiled what the central planning mandarins had in store for us:
  • The only way to overcome the pandemic crisis will be to fully mobilise the financial systems of all Eurozone nations. This has to be done immediately, avoiding bureaucratic delays. Translation: laws and regulations will be disregarded and the central banks will take over and rule by decree.
  • Much higher public debt levels will become a permanent feature of our economies and will be accompanied by private debt cancellation. Translation: we’ll pick the winners of the game and their debts will be paid by the taxpayers.
  • Loss of income incurred by the private sector – and the debt raised to fill the gap – must eventually be absorbed on government balance sheets. Translation: also a wealth transfer from the public to the mandarins’ handpicked champion zombies.
  • [Commercial] banks should become a vehicle for public policy and create money instantly by allowing overdrafts or opening new credit facilities. The capital they need to perform this task must be provided by the government in the form of state guarantees on all additional overdrafts or loans.
  • Neither regulation nor collateral rules should stand in the way of creating all the space needed in bank balance sheets for this purpose. The cost of these guarantees should not be based on the credit risk of the company that receives them, but should be zero regardless of the cost of funding of the government that issues them. Translation: the cost of funding shall be borne by the public and given freely to our handpicked corporate champions.
  • Speed is absolutely essential for the effectiveness of these measures – the cost of hesitation may be irreversible. Translation: do not think, analyse, debate… do as we say right now – or else…
It would be a mistake to take Draghi’s prose as idle musings of a retired banking mandarin. What his economic therapy prescription sets out is the roadmap to the central planners’ dictatorship, effecting a massive transfer of wealth and economic power to a small number of large, zombified multinational corporations and banking institutions. The measures he’d prescribed are already being implemented in many nations including the US, Europe. We know where that experiment leads because it has been done before. Banking coup’s socio-economic consequences In our small socialist petri dish of the former Yugoslavia, the central planners created all the money needed to fund the publicly owned enterprises. In this way they could maintain full employment and pre-empt any bank runs. But the cost of the experiment was borne by the public through inflation, which accelerated during the 1980s into a hyperinflation. The much larger petri dish that was the Soviet Union achieved the same result, as I elaborated in my article, “Inflation: lessons from the last empire’s collapse.”

The takeaway here is that with central planning, the walking corpses will continue to walk for a time, propped up by the captive public who will pay the bill through inflation that will eat up their savings and the purchasing power of their pay checks. To keep the public’s discontent from boiling over, the central planners will have to eviscerate what little is left of democratic process and implement a harsh, rigid totalitarian system of control. While their rhetoric is wrapped in nice, progressive ideas like green economy, sustainable development, fourth industrial revolution, and economic inclusiveness, these top-down socio-political arrangements tend to end badly. In our little petri dish of the socialist Yugoslavia it ended in a war. In the Soviet Union it ended in the longest economic depression ever recorded and an estimated 5 to 6 million excess deaths during the 1990s.

If we passively acquiesce to this slithering totalitarian coup we should expect to experience a drastic loss of freedoms and decades of perpetual war, terrorism and severe deprivations. We will also discover that in totalitarian regimes, the ruling bureaucracies tend to turn very sinister and malicious. If their coup goes unchecked, we will bestow an ugly, dystopian future on our children. I do not intend to close this article on a dark note, however. There are many reasons to believe that the banking cartel’s coup will inevitably fail and that the changes afoot will create room for us to build a future that’s better than anything we could even imagine thus far. But that’s the subject for a different write-up…

Solutions​

In the mean time, the purpose of my endeavors is not only to correctly diagnose the risks and opportunities in the global marketplace but to also propose high quality, dependable solutions to the coming challenges. From today’s perspective, the greatest macroeconomic risk to investors in inflation. Experience and empirical evidence all suggest that the most effective means of hedging against inflation is through judicious exposure to commodity futures. Managing diversified commodity futures portfolios is precisely what I’d been doing since 2007. For more information, please have a look at our Inflation hedging portfolios page.
 
@KS Crucial question is in what exactly CBDC digital currencies will be backed and how its issuance will look like. Also I dont think so it will be kind of DAO (Decentralized Autonomous Organization) - I suppose those currencies will and their functionalities will be whole in hands of central banks. I hope I'm wrong.
 
Crucial question is in what exactly CBDC digital currencies will be backed and how its issuance will look like.
The CBDCs of Russia or China could be backed by gold as theese countries have been purchasing a lot while the USA was selling. This of course may be whisfull thinking but if they want to issue e-rubel or e-yuan that pose a real threat to e-dollar they have to at least talk Bretton-Woods-style.

What would e-dollar be backed with? I've no idea. Maybe silver or assets but eventually it will end up as helicopter money anyway. What I also see possible is the creation of one currency for the whole Western Block as all the most important currency pairs with dollar (USD/EUR, USD/CHF, USD/GBP) are heading towards 1:1 parity for the las few years like if they were being prepared for something...

IMHO bitcoin's role was to popularize the idea but I'm not bullish at any cryptocurrency that pose a threat to CBDCs. Owning them will simply be penalized.
 
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