One of the many titanic entities which collapsed during the Global Financial Crisis of 2007-2009 was the reputation of former Chairman of the United States Federal Reserve, Alan Greenspan. Presumably another one was his ego, although he’s not letting on. This man was held singularly responsible for the Great Moderation of the 1990’s, the economic miracle in the US of low inflation, rising nominal (that means not real) wages, statistically low unemployment (also not real) and steadily rising asset prices. Just about everyone was happy. The 0.01% received a massive boost to their net worth as leverage (that’s debt to us peasants) became cheaper and corporate valuations skyrocketed due to the replacement of US workers and consumers with much cheaper versions overseas.… Read the rest
This post originally appeared on XYZ.
If there was any decade in which the decline of the West became a foregone conclusion, it was the 60’s. Many of the shackles which hinder our liberties today were forged during that storied and romanticised period, and many of the fissures which are ripping at the fabric of Western society now first appeared at that time. The ugly beast of #BlackLivesMatter today is a direct descendant of the 60’s civil rights agitation. It was the decade in which critical theory hit the Western bloodstream, and began gnawing away at the integrity of our academic institutions.… Read the rest
Can you see the drops of rain on the windscreen? First Brexit, plop. Then European bank shares tumble, plop. Then the engineered war begins between black Americans and cops, plop. The downpour is beginning.
For those who have bothered to look up from the propaganda on their smartphones, this storm has been apparent for a long time. I’ve been watching the clouds ever so slowly gather since 2008. Like many people, it’s taken longer than I thought it would. That just means, though, that the storm will be even bigger than anyone had anticipated.
With Brexit, the coming catastrophe has started to enter the mainstream #normie narrative.… Read the rest
There’s a madness which descends on elites during the collapse phase of an imperial lifecycle. It is the apogee of decadence, when the reality bubble around the imperial elite floats off into thin air to meet the waiting pins of reality. This is the stage at which pampered Austrian princesses are told that the peasants have no bread, and reply they should eat brioche. It’s also the stage at which life inside the empire takes on an air of unreality and lies are everywhere, such as Rousseau’s (typical) lie quoting Marie Antoinette. It’s the moment when Wile E. Coyote has run off the cliff but not realised it yet. The Anglo-American imperium is at precisely this stage right now.… Read the rest
In school you were probably indoctrinated with one or both of two historiologies: the accidental and the progressivist theory of history. Both require great leaps of faith. The accidental theory of how history operates is premised upon scientific materialism, if it is premised upon anything at all. Proteins and amino acids bumped together in puddles until they made DNA then one day, poof! The Holy Roman Empire. It’s always struck me how much doublethink is required for such an outlandish philosophy of how history operates, and the low value this belief system places on human life. According to this faith, you’re a well-behaved monkey.… Read the rest
You are probably aware by now that money is created from nothing by private banks when they make loans. The true power of this alchemical process, however, is not something which is widely understood.
How does a man own the world? To answer this, we must first know what the wealth of the world is. It is not the minerals, the water, soils or any other natural resource. These laid fallow for millennia without any value. A nugget of gold had no value in the hands of an Aborigine, except perhaps to throw at a kangaroo. It is not the money; money is just the means for establishing the value of assets.… Read the rest
As you are no doubt aware, politics is the puppet show put on for us peasants by the puppeteer oligarchs. But who are the oligarchy exactly?
All republican or representative forms of government are actually oligarchies, or very quickly become them. Rome had several rebellions by the proles during its early republican history until they were given the tribunate to represent their interests politically. Even this position was abrogated by the patricians over time, and became part of the bundle of offices the emperors used to justify their supreme authority. This followed two centuries of disastrous civil wars caused by infighting among oligarchic factions.… Read the rest