Global Crisis: The Convergence Of Marx, Kafka, Orwell, & Huxley

Global Crisis: The Convergence Of Marx, Kafka, Orwell, & Huxley

The global crisis is not merely economic; it is the result of profound financial, sociological and political trends described by Marx, Kafka, Orwell and Huxley.
Having stripped labor of earnings and political power and extracted every last scrap of profit from over-capacity (i.e. globalization) and financialization, capital is now completely dependent on money-spewing central banks buying their phantom capital with newly printed currency, a dynamic that will eventually trigger a collapse in the purchasing power of the central banks’ phantom capital (i.e. fiat currencies).
Paraphrasing Wallerstein, “Capitalism is no longer attractive to capitalists.”

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popping-financial-bubble

The Everything Bubble, Fictitious Capital and Coronavirus

The moral of the story is that it is not possible to print wealth or value. Money in its paper representation of the real thing, e.g., gold, is not wealth it is a claim on wealth.
With regard to Investment banks like Goldman Sachs and the commercial banks they do not create value; they are purely rent-extractive. For example, commercial banks make a loan out of thin air, debit this loan to the would-be mortgagee who then becomes a source of permanent income flow to the bank for the next 25 years.
And what has all of this to do with Coronavirus? Well, everything actually.
The grotesquely over-leveraged world economy was heading for massive correction. The world was a bubble of paper money looking for a pin. It found one.

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Covid-19 Pandemic and World Hegemony Battle USA vs China

Corona Pandemic: The Perfect Scapegoat for the Financial & ‘Everything Bubble’ Market Crash (The Great Depression 2.0)

As the financial collapse is inevitable as the Federal Reserve can’t keep printing money and creates more bubbles that at some point definitely will pop, the Covid-19 pandemic provided the global elites with the perfect scapegoat where it will be blamed (and it already started) for all the economic and financial crisis, for the massif layoffs, and the economic depression.
Not only that the virus pandemic provides the right excuse, scapegoat and cover up for the economic and financial crash which is going to be worse than the 2008 “Great Recession”, it also attacked severely China and Iran, two countries USA perceives as enemies. It also caused huge number of deaths in Italy, the only and the first country in EU to sign China’s Belt and Road Initiative. With the mysterious origin of the corona virus is Covid-19 pandemic “Killing Several Birds with One Stone” strategy?
While most of the world is figthing the virus pandemic, the battle for world hegemony continues as the global superpower will do everything it can to stay at the top and attack any country it considers as threat or enemy. At the core of it all, it is about United States maintaining its hegemony as the world top power and maintaining its currency as the world reserve currency.

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The United States of America – The Real Reason Why They Are Never Winning Their Wars

We are living in the west in a pyramid monetary fraud – that only wars can sustain, until – yes, until, a different, honest system, based on real economic and peaceful output, will gradually replace the dollar’s hegemony and its role as a world reserve currency. It’s happening as these lines go to print. Eastern economies, like the Chinese, with China’s gold-convertible Yuan, and a national debt of only about 40% of GDP, is gradually taking over the international reserve role of the US dollar. 
The US of A, therefore, will do whatever she can to continue, demonizing Russia and China, provoke them into a hot war, because dominating, and outright ‘owning’ the Eurasian landmass is the ultimate objective of the killer Empire.

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