Wednesday, November 23, 2016

Doug Casey On Globalism 
& The Worldwide Populist Revolt
"And almost all states in the world are on the point of failure, because almost all of them are bankrupt. They’ve issued far more debt than they can ever repay. They all compel their subjects to use fiat currencies, but all of those currencies are in the process of being destroyed, since governments, through their central banks, are issuing them by the trillions now. Governments the world over provide less and less in the way of services that people actually want and need—and most of those they’ve usurped, as they always have, from the market. Since they’re mostly bankrupt they’ll be increasingly unable to provide useful services. So I expect we’ll see more internal turmoil around the world in the years to come. And more wars, as governments blame each other for various problems. You’ll find more states going rogue for that reason."
LINK HERE to the transcript

1 comment:

Anonymous said...

Gold and Monetary Populism: The Oligarchs’ Mortal Enemies – The Peoples’ Salvation

Brexit and the Trump victory reflect a rising populist tide in the west. The people are saying that they want to take back their countries and their lives. We believe that the same type of popular anger and dissatisfaction that has produced the sharp and ongoing political reset in the west is likely to erupt next in the field of currency and money. The populist movement was fomented in the first place by people who had become disgusted by constant financial regression and the real prospect of and trajectory toward eventual impoverishment. Their sentiments have set the stage for a populist monetary revolution. A determined segment of the people, those who still have liquid assets, is going to figure out that now is an excellent time for them to take back their money. They are going to say it’s time to “drain the monetary swamp” of its Wall Street swindlers and central bank fakers, escape the financial tyranny of zero interest rates, and return to ancient money that is rare, possesses intrinsic value, is beautiful and is virtually certain to appreciate.

For the oligarchs, it is one thing if the people want to take back their countries; it is an entirely different, and totally unacceptable thing if they want to take back their money. The control of national currencies, money supplies and interest rates has been the Deep State oligarchs’ secret preserve and heavily protected “No Go” zone for decades. Their domination of this preserve has enabled them to mint phenomenal amounts of, guaranteed, risk-free profits; profits not measured in the millions or billions, but in the trillions of dollars. To the oligarchs, monetary populism means war. Which now rages, even though most people don’t yet know it.

To combat monetary populism, the oligarchs have launched a War on Private Savings. To put the monetary genie back in the bottle, they need to herd the people’s liquid funds into institutions they control. Now that they can clearly see the whites of the people’s eyes, as the populist sentiment spreads into finance, they have put their actions into overdrive. They need to defeat monetary populism before it becomes a “movement,” which it has every potential of doing.
The War on Private Savings is the largest conflict ever declared in the history of mankind.


http://investmentresearchdynamics.com/gold-and-monetary-populism-the-oligarchs-mortal-enemies-the-peoples-salvation/