Chaos and The Triumph Of Survival
Authored by
Egon von Greyerz (22 December 2021)
...
For most people, coming events will thus be like the definition of the word CHAOS: “A state of total confusion and disorder”.
It is interesting that with almost 200 countries in the world, each country has different rules how to deal with covid. If all these rules were based on science, you would have thought that the rules would have been the same for all 200 countries.
Or could it be as many observers believe that the politicians use the pandemic to their own advantage.
Or is it more likely that neither the scientists nor the politicians have got a clue how to deal with a disease that creates hardly any deaths in excess of normal deaths?
We were told that the vaccines would solve the problem but two shots haven’t so far as we were promised. So now everyone needs a booster every few months. With Big Pharma
being both judge and jury plus benefiting from their own advice to the extent 100s of billions of dollars,
how do we know the real truth?
The consequences of these constant changing of rules and shutdowns will clearly have a DEVASTATING effect on an already very fragile world economy and financial system.
CHAOS NUMBER 1: COVID
CHAOS NUMBER 2: GLOBAL DEBT
CHAOS NUMBER 3: DERIVATIVES
CHAOS NUMBER 4: TIMEBOMB
Note: A DEFLATIONARY spiral typically occurs during periods of economic crisis, such as a recession or depression, as economic output slows and demand for investment and consumption dries up. ... As more money is saved, less money is spent, further DECREASING aggregate demand.
Note: One quadrillion = 1,000 trillions
1,000,000,000 = billion
1,000,000,000,000 = trillion
1,000,000,000,000,000 = quadrillion
Many decades ago "a billion" was a huge number. These days, 1000x bigger, a "trillion" has replaced that for economic impact. Now we see the "quadrillion-word" being bandied about... that's a million times bigger an economic/numerical concept, in one life time. 1,000,000 X multiplier!!! So, how many more ounces of gold are there on the planet in the past 60 years? Not even close to double or triple, like the world population. Without saying it out plainly... does any one get the drift
And people are still wondering about the inflation, why does it happen, what causes such constant inflation...
Note: To understand more about the Jekyll island episode, follow the hyperlink to author's other article on this topic, may also see the reference material at
Edward Griffin's book: The Creature from Jekyll Island: A Second Look at The Federal Reserve, 5th ed. (2010)
Note: The COUNTERPARTY risk is the probability that the other party in an investment, credit, or trading transaction may not fulfill its part of the deal and may default on the contractual obligations.
-- Happy New Year 2022