Saturday, July 16, 2022

Another Look at the World's Condition

Bet you never thought that Jamie Dimon and Jerry Powell were the 'good guys,' eh?

Well, Tom Luongo does, and Wauck brings us the story.  Here, we'll excerpt.

When Tom Luongo calls today, July 15th, Independence Day, he’s referring to his personal Great Awakening that occurred one year ago. That was when he realized, as he says, that Fed Chairman Powell—a Trump appointee—was determined to defeat Davos and the Globalist, Malthusian Left and their Davos acolytes here in the US. Powell has at least a few allies, in particular Jamie Dimon....

(Quoting Luongo):

 ...When you have a group of people that's as evil as what I call "Davos" and they power the European Union and the European Central Bank,and their goal is to destroy the commercial banking system of the world, destroy all vestiges of capitalism--which, you can't have capitalism without some form of commercial banking system, without some way to pool capital on the community level to do projects that are bigger than the individuals themselves....

 ...2022 was supposed to be the year they sealed the deal, the year where they had everything in place to ‘run the table’ on us. They got Fungal Joe installed in the US, Mario Draghi in place to liquidate Italy, Jens Wiedemann out as head of the Bundesbanke in Germany with the Greens wielding all of the real political power and they’d maneuvered everyone into a War over Ukraine to bankrupt Russia and by extension isolate China.

This was the plan. It would be supported by supply chain disruptions that would cause inflation uncurable by Central Bank policy while simultaneously driving the world off the energy cliff making basic first-world amenities unaffordable to the lower and middle classes.

This is The World Davos Built. The only problem was that too many people simply said, “You know what? No.”...

 ...Today we are watching the Fed run the global economy into an iceberg long thought that we could avoid. We can’t. We have to hit it and take our lumps. This is what will set the stage for a reversal of The World Davos Built, which is the legacy this generation must leave the next or humanity enters a multi-century dark age of technocratic control or worse, complete societal collapse.

So, look around you. Russia is winning in Ukraine. The Global South refused to be intimidated and stood by Putin. Sanctions are destroying the EU. The US dollar is still king (for now) and gutting Davos’ power base, the European Union and the European banking system.

The Fed is gleefully raising rates to destroy the Biden Administration and set the US on a more sustainable and humbler fiscal path, the one thing the world desperately wants to see. Draghi is out in Italy, Eastern Europe is falling while Viktor Orban rises in Hungary. The BRICS are expanding and NATO is fracturing.

Let’s make 2022 a year that Davos Lost....

You'll hear plenty of bleating and screeching about how 'Powell lost track........Powell missed the call.....' etc., etc.  That's Kremlin-ese D.C. speak for "Powell must resign or be fired."

But if what Luongo says is true, then those calling for Powell's head are not looking out for your best interests.

Hmmmm.

You can also go here and listen to the longer 'splanation (About 90 minutes.)

Are Powell and Dimon bastards? YES!!  But they are OUR bastards--if you're a regular US citizen.

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