When initiatives like vaccinating the world, “environment modification,” and carrying out a minimum international corporate tax are on the G7 program, and they’re selling it to a citizenry who would be content with their peanut butter on toast since “they are doing their finest for us,” you understand that freedom-loving people remain in for a lot of problem.
All three of these initiatives in isolation would be (and need to be) terrible to any freedom-loving individual. Collectively they are the equivalent of getting the worldwide economy, hoisting it up onto your shoulders, and then tightrope strolling throughout the Grand Canyon blindfolded with a swarm of mosquitoes biting you, but just after drinking a whole bottle of Absolut vodka. You might make it across to the other side, but the chances are right up there with discovering a juicy T-bone steak at a vegan celebration.
What these initiatives cement is a collapse in living standards of the international citizenry and ultimately a rather remarkable increase in the likelihood of a major international war.
Why? By pressing the environment hysteria agenda with its bedfellow of “CO2 reduction” and requiring it upon developing countries, they will be forcing not just a decline in living requirements but sending out billions of individuals (actually) into severe hardship.
To begin with, it’s important to understand where you’re at in any cycle, particularly for long-lasting, deep-value macro financiers (such as ourselves). We must try to parse noise from patterns and focus on the latter while realising the previous for what it is.
You’ll see that one thing that is prevalent in all Western “liberal democracies” is that the leadership all imitate mad persistent old farts desperate to hang onto their own power. Karl Marx was right about one thing.
What Karl never went on to state however should have is the following: Aside from genocide, communism always likewise leads to scarcities, stagflation, and a collapse in the standard of lives of any who are unfortunate sufficient to live under it.
But we are where we are, and the average punter doesn’t see it, his mind being unable to think that this is really taking place. That and a constant brainwashing have led him to really think this. It is being couched in feel-good terms like “sustainability.” I indicate, who does not want that? There is “equity,” which, on the face of it, is about fairness. Again, who does not want that? And naturally, there is “stakeholder industrialism,” which is the brand-new marketing term utilized to make communism sound tasty.
This indicates that the typical punter is more buggered than an altar young boy at the Vatican, however regrettably, we’re all caught up in this insanity, and if we’re not really mindful, we may suffer along with the zombies.
It is under this spectacular collapsing system that we discover ourselves today with “leaders” acting out their part, and so it isn’t a surprise that the focus is on hanging onto power (at all costs, it would appear).
To communists, a minimum international 15% corporate tax sounds perfectly swilling. This, of course, will come in addition to all the other taxes currently hanging around the necks of federal government subjects.
This worldwide tax will do little to hurt large innovation companies or even large corporations, but it will spell the death of many small and medium-sized organizations.
Probably, though, what is more important is to consider what this means on an international playing field. Specifically, on a worldwide basis, this will be dreadful for any small countries that need drawing in capital expense. If they are pushed into this collective, their economies will suffer, with those aforementioned technology giants taking up much of the market share. Everyone loses, however large, international corporations get richer.
In fact, don’t be shocked when a few of these large conglomerates mysteriously score a bevy of tax breaks and subsidies. You see, the new type of communism will not resemble the old kind. The reason for this is simple however very, really essential to understand. The leaders you see on the idiot box are not in charge. They are stooges.
All presidents and significant political figures are being micromanaged by handlers offering a thoroughly scripted cardboard-cutout image meant to look tasty to a gullible population.
Whether it be small- and medium-sized companies or small countries, they will lose their dynamism along with their beauty for capital expense. This, in turn, suggests that due to the fact that they will have less reserves to invest and grow in the future, their credit conditions will deteriorate, requiring them to raise interest rates in the face of declining collateral, which itself is deflationary for the particular business.
But what requires understanding is that this will decrease the supply of … well, everything.
This at a time when these clowns are offering trillions of dollars in “stimulus” spending as now financial costs for their pixie land “build back much better,” which is, obviously, a green boondoggle.
Editor’s Note: The 2020s will likely to be a significantly volatile time. More governments are putting their money printing on overdrive. Negative interests are ending up being the guideline instead of the exception to it.
Something is for sure, there will be a lot of change happening in the years ahead.
That’s specifically why famous speculator Doug Casey and his group launched an urgent brand-new report entitled Doug Casey’s Leading 7 Predictions for the Raging 2020s.