I see exactly what Armstrong was talking about. The Davos Crowd in Europe is setting up the U.S. banks to be the villains of the next big financial crisis. Obama through Biden is putting in place regulation, tax policy, court decisions, etc. to ensure both maximal anger at the banks and get the maximum effect on the structure of the U.S. economy.
So, once this crisis hits and the banks are caught once again having been irresponsible, they will be blamed like no other villain has been blamed since Hitler. And the Progressives on Capitol Hill — the Lizzie Slapahos and the AOCs — will demand the banks pay for killing the little guy.
This is why we have this April jobs report. 266k vs. 987k expected, but a massive labor shortage.
We have a labor supply shortage because of welfare, huge unemployment payouts, eviction moratoriums, etc. The economy wants to get restarted and Biden/Obama are literally forestalling this in order to ensure the supply chains for food, lumber, gasoline, rolled steel, chips and everything else dries up.
https://www.zerohedge.com/markets/luong ... osis-banks
Vandals or Savages?
I don’t believe anything I’ve heard about the Colonial Pipeline ‘hack.’ I don’t believe the ‘hackers’ were real anymore than I believe Bloomberg’s report that Colonial paid $5 million in anonymous cryptocurrency in ransom. The shutting down of the I-40 bridge across the Mississippi River was another massive over-reaction. And what is Gov. Gretchen Whips and Chains doing trying to shut down a pipeline that is the lifeblood of her state’s economy (as well as that of Ontario, Quebec, the fading Rust Belt)?
It’s almost like we are governed by people whose policy is deindustrialization and the destruction of our way of life or something?
They told us point blank you will fall like ripe fruit.
https://drrichswier.com/2020/11/17/unit ... many/#8230
Their plan seemed feasible in a world where they could control all information. They had mainstream media and Big Tech locked up. Once their stooge was put in the oval orifice, they thought they had everything they needed and took the gloves off.
But they acted right as crypto was exploding. What they don’t realize is crypto can not only replace fiat, it can replace banks, insurance, and Big Tech.
Imagine a world where you can do all transactions digitally with smart contracts that can do everything the existing financial system does and more (I’m talking about zero interest credit cards and micro loans).
In addition, imagine a decentralized blockchain internet where the major services are no longer controlled by corporate choke points.
https://drrichswier.com/2021/05/15/cath ... ly-racist/
CRT “is a textbook example of promoting racism in the name of fighting it.” Today, “there is no shortage of educators, reporters, activists, and lawmakers who claim to oppose racism while harboring an agenda that sometimes promotes it,” Donohue states. He pointed out that there are those who have a vested interest in stoking “the perception that we are a racist nation,” a notion that is now “widespread.”
Lies about systemic racism are purveyed by dishonest groups like the Southern Poverty Law Center (SPLC), Donohue asserts, “a left-wing activist organization that claims to monitor such offenses.”