Historic Cyclone Idia hits four countries simultaneously, including mine this past week, thousands displaced in Mozambique, Zimbabwe & Malawi

The worst cyclone in Mozambique’s history hit this past week and caused devastation in 4 countries simultaneously. Cyclone Idai made landfall with speeds of 170Km/h (some reports say 110mph) near the port city of Beira. With so many people in so many countries affected at once, this has been labelled as one of the worst climate disasters to hit the southern hemisphere in living memory. And it’s in my back yard having ripple effects on my entire country’s power supply.

At least 360 dead and 2.6 million people have been affected in the four affected southern nations of Africa. Homes, schools and medical centers have all been smashed and medical facilities have broken down. Floods have inundated swathes of farmland.

Worse than that, water supplies are damaged and apparently the only reservoir with drinking water has two days worth of supply left according to Medecins Sans Frontieres. People are resorting to drinking contaminated water as pipes leak and bodies lie strewn all over still. In the worst hit country, Mozambique, who bore the brunt of the storm as it hit the east coast of Africa, 217 have been confirmed dead and 15 000 still need rescuing. As bodies continue to be found the death toll is rising sharply.

About 90% of the infrastructure in the port city Beira has been destroyed. Rescue workers were cut off for days due to bridges being washed away, before being able to reach the town. Some towns are still cut off in Zimbabwe’s high lying region. There is no power and hospitals have run out of fuel. Latrines have been washed away and diseased are sure to take hold. This is already an area rife with Malaria. Without aid and even clean water the people are going to be devastated by coming summer conditions.

In Malawi 1 million people have been affected and 150 000 have sought shelter in camps without sufficient sanitation. At this rate the death toll could surpass 1000, according to the president of Mozambique. The second wave of devastation needs to be stopped which is the disease and starvation which is about to hit. Such natural disasters due to so-called climate change were predicted as temperatures change. Cyclones are starting to come further south than usual and therefore seldom before seen events may become more common. It’s either that or Geoengineering or the Grand Solar Minimum. All of which are fascinating and worthwhile investigating.

Meanwhile in my own country of South Africa, the entire nation’s electric grid is shut down every day for 5 hours, divided into two equal parts every day, one in the morning and one in the evening. This is partly due to the hydro-electric dams and systems in Mozambique the normally supply us being damaged by the cyclone. You can’t imagine the frustration, especially coming from a first world country, of having to stop your daily activity, productivity, work or whatever, for 2.5 hours at a time morning and evening. For me it’s not a problem with my solar panel and minimalist babaji lifestyle, but businesses are taking strain. This could increase the influx of climate refugees into South Africa to join the already thousands of economic migrants that come seeking work in the economic hub of the south part of the continent.

This disaster is going to take months to repair and may set the economies of all four countries back significantly, even into recession status. Schooling will be set back a year or more too and entire generations will be impaired in their futures, perhaps losing a valuable year of their lives. Rescue teams will continue going into disaster-hit areas this week to evacuate people to camps. Their entire homes and livelihoods have been washed away and they are the new addition to the biggest and fastest growing tribe on the planet today – the economic-, war- or climate-refugee.

Pic: free unsplash


BTC TA for today testing and holding $4k – amid rolling daily blackouts in South Africa

18 March 2019 and currently the 20 weekly MA is coming down fast to meet the 200 weekly MA, neither have been broken significantly in the entire bear market so far since January 2018. So which one is going to give way?

Also we are in the fourth green candle in a row on the weekly bitcoin chart, not seen since April last year, 11 months ago. Maybe that’s why the Stochastic RSI is looking like topping out and resulting in a bear cross at the very top. Watch out. Is there a retrace imminent?

South Africa is back on what we call “load shedding”, when the electricity goes off for 2 hours at a time every day. This is the second time this year that we’re back to daily blackouts. I thought it was over but they’re back. Sometimes it’s twice a day for two hours or more each. Times vary from day to day. It’s running to a set schedule so at least we can plan ahead but it’s no fun and there’s no end in sight.

This sort of power disruption is not totally new to South Africa. We had it a few years ago too. The nationalized coal powered electricity provider, called Eskom, occasionally runs out of good quality coal to fuel the power stations. This is due to two reasons that I know of, although neither of them are the official story and the government won’t admit it. Firstly coal is being stolen by black market thieves who bribe the truck drivers delivering the coal to the power stations. The drivers will then deliver the load elsewhere to another location nearby but report that they dropped it at the correct place. The black marketer will then sell the same coal to the power station for the second time somehow, so that they pay twice for the same coal. The bribe of around $10 000 per truck load is what the drivers get on average.

The second secret is that the government are contractually obliged to China. They have to sell the coal to China. Truckloads get delivered to the harbor of Richard’s Bay on the north-east coast of the country and it gets loaded onto tankers bound for Chinese shores. It’s much like the best fruit grown here which all goes for export to 1st world countries. I guess it’s the deals they made. We locals have to wait in turn now in the global economy, especially since we are now sold out to China. It’s either them or the World Bank/IMF/American dollar. So we’ve chosen China, who is moving into Africa in a big way, in many countries. As part of the BRICS nations we even get bullied by China into denying the Dalai Lama a visa to enter the country. I wouldn’t be surprised if their “social credit score’ system arrives on our shores soon too. Along with their troops, who are already in Djibhuti, but that’s far north still, at the Horn of Africa.

A third reason for our blackouts may also be the fact that a recent cyclone – quite rare – hit our northern neighbour, Mozambique and damaged some of the power lines from the hydro-electric plant supplying us with power. Zimbabwe was also hit badly and many people are still missing.

Either way, the entire country undergoes daily or twice daily two hour blackouts at designated times. It can be in the middle of the night or the middle of the day, so I have to write these articles and upload them before the power goes off, because then the laptop is off, the lights go out, and worst of all, the internet goes out too. And I’m not even running a business. Imagine those in town who have a career or a business to run and staff to pay. It all just gets put on hold. Unless you are a big store and have a generator. Then you just pay for the gas, putting the price of business up anyway. I have a small solar panel and battery that I decided to invest in last year, but I can’t bring the internet back, as it’s dependent on factors outside my control, and when the power goes, it all goes.

So Venezuela is not the only country experiencing a problem at present. Nor is Zimbabwe, just to my north at the border. They get it worse of course, but we are starting to feel it here too, starting to find out what it’s like in a compromised society. And if financial constraints increase and shortages rise, so too will tempers and the levels of desperation. And this may play itself out in countries where we may not expect it if the global recession really kicks in, as some are suspecting is on the horizon.
So be prepared, wherever you are, start to cultivate the prepper mentality by developing backup strategies for your basic amenities. Society might be changing around us in different way which we cannot yet imagine. I know it’s happening here in my third world country, but it may be coming to your country too I time. The screws are being turned. New Zealand was just hit by a huge false flag attack on two mosques killing close to 50 people on a Friday at prayer. These false flag events are all engineered to push gun confiscation so that the state can clamp down on the liberties of the population when the next recession hits. Then it’s Fascism and the tightening of the screws, the belts and the curfews.

Call me a lunatic but I’m getting ready for the worst while hoping for the best. Sentiment is so easily steered by the powers that be, and the masses are all being put into a state of uncertainty about the future, regardless of which country you’re in. Leave a comment below saying which country you’re from and what the situation is like for you on the ground. I would be interested to hear some firsthand experiences, now that you know how it is for me. I guess the Chinese know where they’re going… to the top of the ladder, while the rest of the first world drops down rung by rung. I hope you have a landing pad in place. Did you know mobile homes are the new way to go – the digital nomad – no home but at home everywhere. I had better get to uploading this blog post. The power is about to go out.

Bitcoin Babaji bio and BTC TA

Welcome to another blog from Bitcoin Babaji, coming to you from sunny South Africa. Each episode comes from one or other scenic part of the south coast of Africa, where fresh air and sunshine facilitate a healthy life for all.

Since there hasn’t been much opportunity until now, allow me to use today’s post to give a brief bio of where I’m coming from. The term “babaji” comes from the Indian Vedic culture and describes a person who has renounced worldly material activity to devote their life to a purely spiritual or meditative programme or contemplation on transcendence. You will find babajis on the banks of sacred rivers or in holy places of pilgrimage or just hidden in nature somewhere, like a forest or mountain.

Having spent 10 years as a full time celibate monk and student in a yoga ashram in my twenties, about 30 years ago, I travelled and lived in India, for some time, studying and training daily in the meditation practice at the ashram of some babajis. We would wake at 4am daily to meditate for two hours, as well as practice communal chanting of sacred prayers during this auspicious time of the day before sunrise. Then there would be a class on the Sanskrit texts from the Vedas, like Bhagavad Gita.

So although I left the full time lifestyle of a yogi and babaji after ten years, I internalised the principles to my best ability and never really took to married or householder life at all. Nor did I engage in much business or career pursuits, other than the basics needed to keep body and soul together.

On coming across cryptocurrency in 2017, I taught myself all I could regarding the fundamentals, sentiment and technical analysis of Bitcoin and the general industry, from a layman’s point of view. Since these are my two passions – transcendence and TA of crypto – I have incorporated them both into the person I am today. Thus the name Bitcoin Babaji.

In light of that, be sure to catch more info in today’s and future vlog posts regarding the insights I have encountered regarding both bitcoin and transcendence. I aim to incorporate the two opposing subjects and give a balanced view of life from both sides of the saffron curtain. If you’re interested in either then be sure to check out more of my posts and add some insight to your trading and your journey as a soul housed within the body. Both subjects are crucial to a whole lifestyle so I’m sure you will find something of interest for yourself.

Summary Bitcoin TA for today:

1 Hr chart: Adam and eve double bottoms

1 Day chart:: 100D MA has come down to meet 50D MA by $1.50 @ 3770 on Bitfinex chart on TV

Weekly chart: BTC we have only retraced 83% from ATH, previous retrace in 2014 went a little lower to around 85%

Alts pumping including LTC, LOOM

Also BAT, unique concept of tokens on Brave browser, founded by Firefox CEO

Neblio NEBL has broken up out of a symmetrical triangle, could go higher

Coin Market Cap shows 7day increase in BNB, XLM, ADA, XMR, DASH

All wars are bankers wars –part 1

“The refusal of King George III to allow the colonies to operate an honest money system which freed the ordinary man from the clutches of the money manipulators was probably the prime cause of the (American) revolution.”
Benjamin Franklin

“Let me issue and control a Nation’s money and I care not who makes the laws.”
Mayer Amschel Rothschild

In this post I want to tell the story of the modern history of money and banks and how the central bankers deliberately exploited the masses, enslaving them via the moral crime of interest on debt, to enrich themselves. When you hear the story of their nefarious mechanism of money as a tool to enslave the entire human race, while inflicting war, devastation and carnage on millions of souls, you can only come to the conclusion that the Zionist, Talmud-based, self-appointed “superior race” have treated the rest of humanity like “goyin” Hebrew for cattle (the Hebrew Bible teaches that non-Zionists are as good as cattle). Here is part one of what I have found out so far from history.

I start my history lesson at the birth of America. Private bankers set up a private bank called the First bank of the United States; this was just after the revolution, aided by Alexander Hamilton, chief supporter of the Rothschilds in America. It was founded in 1791 and within 20 years it had almost ruined the nation’s economy, while enriching the bank’s owners. As a result Congress refused to renew their charter. Congress wanted to go back to a state issued value-based currency on which the people paid no interest at all. Nathan Meyer Rothschild then threatened the US saying

“Either the application for renewal of the charter is granted, or the United States will find itself involved in a most disastrous war.”

Congress still refused, whereupon Rothschild said “Teach those impudent Americans a lesson. Bring them back to colonial status.” Britain then launched the war of 1812 financed by the Rothschild bank of England in order to recolonise the USA and force them back into the slavery of England’s bank notes, or force them into so much debt that they would be forced to accept a new private bank. America won the war but was still forced to accept a new private bank issuing loans at interest, called The Second Bank of the US. The United States was then plunged yet again into debt and poverty by the private central bank.

In 1832 Andrew Jackson successfully campaigned for his election under the campaign slogan “Jackson and no bank.” True to his word, he succeeded in blocking the renewal of the bank charter for the Second Bank. He called them out on their corruption saying

“Gentlemen, I too have been a close observer of the doings of the Bank of the US… and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank… You are a den of vipers and thieves. I have determined to rout you out, and by the eternal God I will rout you out.”

Shortly after the charter for the second bank of the US expired, there was an assassination attempt on President Jackson which failed, the shooter saying that with Jackson gone “Money would be more plenty.” It was apparently an assassination attempt by the bankers.

The education system and modern schooling is subservient to the bankers and obliged to keep this information from you. Just writing this post is now a crime in some states of America. It is presented in history books and popular media as if the American civil war was an internal dispute over slavery, but it was a war with global implications. When the South seceded, the bankers offered to fund Lincoln and the North at an extortionist 30% interest. Lincoln said he would not free the black man by enslaving the white man to the bankers. Using his authority as president he issued a new currency called the greenback, a direct threat to the wealth and power of the central bankers. The London Times wrote soon after

“If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.”

So as a result much of Europe, goaded by the bankers, supported the South against Lincoln. France and Britain considered an outright invasion of the US in support of the South but they were held at bay by Russia, who had just ended their serfdom system and they had a state central bank similar to the system America had been founded on. Lincoln won the war and wanted to then launch the greenback but he was assassinated and the country was forced to go back to banknotes borrowed at interest from the private bankers.

Finally in 1913 the private central bankers of Europe, namely the Rothschilds of England and the Warburgs of Germany met with their American financial collaborators on Jekyll Island in Georgia to form a new banking cartel or the Third Bank of the US, placing the money supply under the complete control of the private bankers. (Check out “The creature from Jekyll Island” for more on this) Due to the name of the Third Bank being shrouded in hostility from the past, they changed their name to the Federal Reserve and thereby provided it with a “quasi-governmental” image. It is a private bank and there is nothing federal about it at all. Just a few years ago they rebuffed a freedom of information law suit by Bloomberg news on the grounds that as a private banking corporation and not actually part of the US government, the freedom of information act did not apply to them. The Federal Reserve bank of America, which prints American dollars, the currency that rules the world, is a private Zionist-run bank.

1913 was a transformative year for the American economy. Congress passed the 16th Amendment on income tax though many states never actually ratified that amendment, according to Judge J.C. Fox in 2003. At the end of 1913 congress was unwilling to risk another questionable amendment so passed the Federal Reserve Act over the Christmas holiday while members of congress opposed to the measure were at home. This was an underhanded deal as the constitution vests congress with the authority to issue the public currency but does not authorize its delegation and would require a totally new amendment to allow them to transfer that authority to a private bank. Nevertheless President Wilson signed it into law as he promised the bankers he would in exchange for large campaign donations. He later regretted that decision, saying in 1919

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by a system of credit. We are no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

A year after the passing of the Federal Reserve act, World War 1 started. Prior to this there had never been such a thing as a world war in known history. It began between Austria, Hungary and Serbia but quickly shifted to Germany because their industrial capacity was seen as an economic threat to Great Britain, whose Pound currency was in decline at the time. Their economy was too involved in banking and finance and not enough in agriculture, industry and infrastructure development, much like America today, based on the Wall Street casino, with less and less manufacturing by the year.

Pre-war Germany did have a private central bank but it was under strict control by the government to keep inflation at reasonable levels. Putin has recently done something similar in Russia, when he wrestled power away from the demonic Zionists who destroyed Russia in the Bolshevik Revolution under Lenin and Trotsky and the psychopath Stalin, who was not even Russian but Georgian. As a result Germany had become a major technological and industrial power exporting products prolifically, and Great Britain was unable to compete. In the media of the day Germany was thus falsely portrayed as the main opponent in WW1 and was not just defeated but flattened.

After the Great War and the Treaty of Versailles, Germany was told to pay all the war costs of all the participating nations even though they never started the war as the aggressor. The debt they were given amounted to three times the value of all of Germany itself. Having gone into huge debt to their private central bank during the war, the bank was allowed to break free of government control, which led to the massive inflation of the Weimar Republic, permanently trapping the people in endless debt, and creating a situation like Zimbabwe or Venezuela today, where you need a wheelbarrow of notes to buy a loaf of bread.

When the Weimar Republic collapsed as a result, it allowed the National Socialists to take power. Their first economic move was to issue their own state currency which was not borrowed from private Zionist-run central banks. It was based on a unit of value, not a unit of debt. And that is where I will end this first installment – at the end of WW1 and the lead up to WW2. So as history seems to show, all wars are bankers wars in our modern era. And those bankers are Zionists, and elitist race who see themselves as superior and are by the law of their god allowed to treat the rest of humanity like cattle, slaves or objects of abuse to further their greed. This is why I use the word “demonic”. It is someone who takes pleasure in the suffering of others, who will have no empathy for life other than their own race. The entire planet is under the grip of these demons and millions perish and suffer their torture in wars and more subtly in economic enslavement which is totally unnecessary. This is the real enemy of humanity, this is Zionism.

I will continue in part 2, so stay tuned.

Ref: The Controversy of Zion by D Reid. FromAmazon.com

And check out the Youtube video “All wars are bankers wars.”

Bitcoin Technical Analysis forecast – week 2 of March 2019

If you look at the bitcoin price chart, you can see on the weekly that the Stochastic RSI is about to make a bearish crossover. The SRSI has reached a high degree of overbought and is curling over at the moment. A downward price move is due in a week or so, certainly before the end of this month. This is a very bearish signal with historic evidence of a considerable drop in price from our current optimistic levels around the even $4000 psychological resistance. The daily chart is looking like it’s approaching overbought in the next few days too, so there may be a little more upside at most but then a reverse to the downside.

Now if you’re a value investor then this might be a great time to buy in. Bitcoin may not have fully bottomed just yet, but is already selling at great value for money. It has already retraced in price by around 80% and is certainly very near the bottom so you can’t go wrong buying at this stage. On the other hand if you’re a trend trader then you may want to wait a bit longer until there is a definite trend confirmation in the bitcoin price, say back up around $6000. Both of these scenarios are acceptable.

Bitcoin price has been making higher lows since the recent low point of around $3200, with an upward trending support line. The upper resistance line around $4250 has been equally strong since December, Christmas time, and as these two lines converge, we could see a breakout. On the 1 day chart they eventually converge sometime in June, implying we could trade range bound until then, at which point a huge breakout to either side could manifest.

For now the support from the lower trend line is around $3550. The 100 day moving average has dropped and is about to meet the 50 day MA. The RSI on the 1 Day chart is just too undecided though, around the mid range 50 mark. Price is exactly where it was in late November last year, so has been range trading for over 3 months now, since the big drop from $6400.

On the weekly we bounced off the 200 week moving average in December and have been trading slowly higher ever since. Now price is about to hit the 100 week moving average as resistance on the upside, around $4200 so something will have to give between them. I’m doubtful we will test as high as that though since the weekly SRSI is severely overbought around the upper 90s. It hasn’t been this high since mid December 2017, the very week of the ATH (all time high). This is a huge indicator for me that we are in for a significant price drop in the next week or so. Judging direction is one thing but judging timing is the other variable that can defy the best of us technical analysts. The anomaly is that the RSI is nowhere near as high as it was during the ATH of December 2017, so the imminent drop won’t be as severe, though could retest somewhere between the 200 weekly MA at $3400 and the ascending trend line support, now at $3500. That is my conservative estimate for the rest of this month.

Let us know in the comments below what your view of bitcoin’s price might be, based on TA. It’s always good to compare notes.

Old Europe is gone – the Muslim invasion and extinction of the “European”

Statistically for a culture or society of a nation to maintain itself for more than 25 years there must be a fertility rate of 2.11 children born per couple. Nothing less will do. In fact no culture has ever reversed or come back to full maintenance or sustainability from a 1.9 fertility rate. This is common sense. Two parents need to have on average two children to keep the population stable, or more specifically 2.11 children apparently, if that makes sense.

Studies have shown that a rate of 1.3 children per couple is impossible to reverse. It would take 80 -100 years to correct itself and no economic model can sustain a culture during that time. As the population shrinks, so does the culture. With that in mind, the population stats for fertility rates in Europe among European-born citizens is evidently unsustainable. By 2008 reports, the fertility rate for EU nations is as follows:

France 1.8
England 1.6
Greece 1.3
Germany 1.3
Italy 1.2
Spain 1.1
EU 31 countries average rate is 1.38

According to these birth rate figures, Europe as we know it will soon cease to exist. And it is with these figures in mind, and the awareness of their ageing populations, that EU leaders like Angela Merkel welcomed refugees fleeing war and poverty in Africa and the Middle East into their countries with open arms. They needed the labor. The refugee invasion of Europe was engineered. Germany had this problem decades ago already and back then they welcomed in Turks to add to the labor force, so this is nothing new. What is new is the brutal war and devastation incurred by the Middle Eastern countries that caused the mass exodus.

Whatever caused the wars and devastation, the result is that now the population of Europe is no longer declining, thanks to the mass refugee influx. The only difference is that now 90% of population growth in the EU is Islamic. In France, for example, 1.8 children are being born to ancestral Europeans vs 8.1 children are being born to non-ancestral Muslims. There are now more mosques than churches. And currently on average 30% of children in France under 20 are Muslim. In Nice, Marseilles and Paris, however, 45% of children are Islamic. By 2027 1 in 5 French will be Muslim. In 39 years France will be an Islamic republic.

In the last few decades in the UK, the Muslim population grew from 82 000 to 2.5 million, that’s a 30x increase. There are now over 1000 mosques, many former churches.

In the Netherlands 50% of all newborns are Muslim; in 15 years half of the population will be Muslim.

In Russia there are apparently 23 million Muslims or 1 in 5. In a few years 40% of the Russian army will be Islamic.

In Belguim 25% of the population and 50% of newborns are Muslim.

Altogether 33% of all children born in EU will be Muslim by 2025.

The German govt released a stat that the disappearance of the German population cannot be reversed; it will be a Muslim state by 2050.

*> “There are signs that Allah will grant victory to Islam in Europe without swords, without guns without conquest. We don’t need terrorists, we don’t need suicide bombers. The 50 million Muslims in Europe will turn it into a Muslim continent within a few decades.” *
-Muammar Gaddafi before his murder

The 52 million Muslims in the EU are expected to double in the next 20 years.

In Canada the fertility rate is 1.6, while 2.1 is required to sustain a culture as mentioned earlier. From 2001-2006 the population increased by 1.6 million, 1.2 mill was from immigration.

American fertility rate is 1.6, though it goes up to 2.11 with Latino immigration. In 1970 there were 100 000 Muslims in USA, in 2008 there were 9 million.

I’m neither Christian nor Muslim – I have realized the sanctity of all life. All life is sacred. It makes little difference if the culture is Christian or Muslim or non-denominational. It is important only to respect and preserve life, human and non-human. It is likely though, if these stats are correct, that the quality of life might change, the future culture for the children of the world will be unlike ours today. This may be engineered or random but whatever it is it’s not white.

Pic: Pixabay non-copyright commons

The global financial crisis that never went away – a system of modern debt slavery

This year the world’s debt currently sits at around $245 trillion give or take a trillion. This is more than three times (318%) the total global economy or GDP, according to the Institute of International Finance. And that’s despite faster growth. These figures simply bewilder the mind when I try to understand or comprehend their meaning and implication. This is close to a world record. Every year the world collectively grows deeper into a self-created debt hole from which it can never escape.

It’s not quite a record because 2016 saw us at 320% debt to GDP so we are 2% below the ATH (all time high). All levels of debt have grown, from financial, government, corporate and household. Household debt grew more in emerging market economies like China, India, Mexico and Malaysia, but government debt grew the most in mature markets, which means the first world.

A classic aphorism says that the borrower is the servant of the lender. Well that’s how the elite keep the rest of the entire planet subjugated. Central banks and governments keep their population subjugated and the IMF and World Bank keep the countries subjugated, which is a nicer way of saying enslaved. We are debt slaves in a world where slavery is still very much alive and well, on more levels than one. And this has increased since the Great Recession of 2008 due to the central banks propping up the broken markets with easy money or cheap debt, merely allowing the world’s debt to grow and grow. Instead of solving the problem, economists have actually engineered the very system that will destroy our society as we know it. And these are not stupid people, which leads me to realize that it has been consciously and deliberately engineered in this way.

Government debt is up 28% since the 2008 collapse. Financial corporations who led the collapse and received the taxpayer bailouts are in a far healthier situation economically than governments. Too big to fail financial institutions or banks have the ability to hold governments hostage it seems, figuratively killing the host in their parasitic urge to survive.

By lowering interest rates, which was the only thing they could do under the current capitalist paradigm, other companies have taken advantage and buried themselves in more debt than ever to boost profits. Capitalism is of course dependent on an ever-expanding profit margin, something unsustainable in a finite world. The system was doomed to fail from the start. It’s now 10 years after the collapse of one of the biggest banks in the world – Lehmann Brothers – and today we see Deutsche Bank on the cusp of going the same way. Some say they are already bankrupt but are just fudging the books on the surface. The “grandest central bank experiment in history” over the past ten years may appear to have succeeded, with US unemployment near a 48-year low, the S&P 500 near an ATH but that facade is all bolstered behind the scenes by huge debt. It’s false.

The tax deducted from citizen’s pay checks goes to servicing the interest on the debt. It has not even begun to reach the actual debt itself. The US Treasury market may have tripled in size since 2008 but the US federal debt makes up more than 100% of America’s GDP. It’s all fake. Most Americans are simply running on the same spot just to pay off their credit card debt. Corporations merely took on more debt and purchased their own shares, creating the illusion of boosted stock value. So who is really making the profit?

Across the globe government debt has soared. Around 46% of the global population lives on less than $5.50 a day. Global inequality has grown steadily worse because the system is designed to funnel wealth from the bottom to the very top of the pyramid. Do you know that we don’t actually need a debt-based system in this world that merely makes the rich get richer? Governments don’t have to borrow money. Just before his assassination JFK was issuing debt-free US notes, a different system altogether. Ultimately it is highly immoral for us to be accumulating such massive debt only to hand it over to our descendants to pay. We are borrowing from our future generations. It’s a total con and a crime. And the world banks like the Fed in America and the IMF are knowingly implicated.

That’s why we need to shut down the Fed and end Federal Reserve bank notes. They are making us debt slaves and we are embracing our enslavement. The average American is a debt slave from birth. By the time he dies his debt will have increased exponentially, passing on a bigger debt and enslavement to the next generation. This vicious circle has gone on for about the last 100 years. A very small elite has become incredibly wealthy and the masses have become enslaved by private and government debt. The majority will be unable to extricate themselves from this albatross around their neck and will add to it.

These are the reasons why the Yellow Vests of France are taking to the streets every week for the past four months now. Most of America is too engrossed in entertainment fed to them by the giant media corporations – the six or so companies that own all media in the country and across much of the world. And those media companies are owned by the same masters that control the mountain of debt. They are the propaganda machine of the elite. The system of our enslavement is far more sophisticated than in previous eras but is much more insidious.

Wall Street has been turned into the largest casino on the planet, some make a lot but most get burned and lose everything. Trading is a losing game, it’s gambling, the odds are massively against you, all while you are becoming stressed, left guessing, angry, nervous, depressed or desperate. We need to ditch the entire economic system and start anew, though it may take a collapse and global meltdown of the old before the new can rise from the ashes. There is no other way. I believe it is being engineered this very way by the elites. The controlled demolition is upon us. And who knows what the new order will look like, run by AI on 5G and the IOT (internet of things) where the surveillance state reads your location and actions while measuring your behaviour for your social credit score so that you are forced to walk the line or die. What kind of freedom is that going to be for our children?

Refs: https://www.bloomberg.com/markets/fixed-income