February 4, 2023

The world can’t afford another financial crash – it could destroy capitalism as we know it

But no developed nation today could possibly tolerate another wholesale banking crisis and proper, blood and guts recession.

We are too fragile, fiscally as well as psychologically. Our economies, cultures and polities are still paying a heavy price for the Great Recession; another collapse, especially were it to be accompanied by a fresh banking bailout by the taxpayer, would trigger a cataclysmic, uncontrollable backlash.

Source: The world can’t afford another financial crash – it could destroy capitalism as we know it – Telegraph


Obama Has Lost His Mind….If He Ever Had One

“Obama seriously needs to be impeached. Just when you thought it couldn’t possibly get worse – it just did! He has attempted to block Russia from the world economy as a whole removing them from the SWIFT system entirely! He is totally insane and this would warrant World War III and quite frankly one could not blame Russia. Someone has to do something about Obama. He has gone too far and his conspirator Christine LaGarde has been threatening all tax havens that they will be removed from the SWIFT system if they do not give up all foreign accounts.”<<<Read More>>>


Karen Hudes Interview: Who’s In Command?

I posted this video because a link to it was provided by a reader in the Open Thread section. There’s some very interesting and exposing comments made in this interview by Karen Hudes. Unfortunately, the interviewer couldn’t seem to get beyond the information of lesser importance and grasp the very important.

I am also of the opinion that Karen Hudes may be a bit of ideologue when it comes to people having the ability, or even will power, to get out of this “mess” we are in. While it may be possible and her explanations may also be accurate, she’s suggesting a few billion people change their stripes, believe that the Vatican is in charge and demand things change. I wish I had her optimism.