Is This the Mother of all Financial Crises?

Is the current financial crisis brought about by the Corona-virus the long-warned about crash that ends the western backed global fiat, dollar-denominated monetary system for good?

Look, we know the system is rigged and with its monopoly money, generated debt and hyperinflation it’s unsustainable definitely not built to last, something we’ve been hearing about for years now.

It was just a matter of time to find a way to eliminate the 99% of players from the game, which lock-downs have achieved — with remarkably success-as if there was any doubt it wouldn’t.

Understand these lock-down are historically unprecedented with more freedoms enjoyed during war-times.

The point is the financial system like any artificial construct can plod on indefinitely sustained by manipulation, and then all that’s required is a crisis of epic proportions to achieve fait-accompli, followed by a decision on when to remove life support killing the entire set-up.

What the 1 percents say

What? So you think elites don’t shoot their mouths off and reveal what’s to come?

Either you’re not listening or too caught up in the hot noise of mainstream media, politicians and run of the mill economists, but pay attention.

Why bother what the presstitutes and sock puppets have to say when those who pull the strings are the ones to watch.

On the 4th April this year an interview took place between dynamo international businessman Johan Rupert, son of South African billionaire Anton Rupert, and local business news outlet Financial Mail.

Yes it was all about the current economic crisis in the wake of the Covid-19 pandemic but what Rupert said was beyond disturbing.

First of all he emphasized the disaster was not just a blip on the screen, a bug in the system or a pause, but a permanent feature that doesn’t spell business as usual, to quote; it’s an entire reset of our economic system.

Reset is a loaded term that doesn’t mean going back to fine-tune as the word suggests, but the point of no return as there’s no going back, after which the globe moves onto a new financial system.

The concern about should this happen have always been twofold, what will happen to people’s livelihoods and financial provisions as well as what type of financial system will replace it when all’s said and done.

Rupert pointed out the solution to the economic crisis doesn’t lie with politicians or economists because it’s beyond their ability and by implication, their authority.

In fact he laughed at the projections of economists ‘and their graphs’ as he put it.

Another worry is whether the new financial system will be open to agreement by citizen- represented government or imposed from the top down.

Johann Rupert, 69, is surviving the corona-virus lock-down shacked up with his extended family in Graaff-Reinet, the town where his father Anton was born in 1916.

As far as a lock-down goes, it’s not exactly a hardship, at least for him.

Rupert’s views from his residential hideaway extend to the Camdeboo National Park, with its spiraling basalt cliffs set high over the Valley of Desolation, in the heart of the Eastern Cape desert region.

If the reset doesn’t happen during the corona-virus crisis rest assured it won’t be long after.

Meanwhile small business is finding it harder and harder to access financial relief by government because corporates are favored ahead of them and as a result bigger companies’ economic and political fortunes are advanced.

As the economy contracts, these disparities tend to become even greater. Less nimble institutional investors, like pension funds, are the first to be hit when markets turn.

The biggest banks and investors often find ways not simply to protect themselves when things get bad, but even to make money from a downturn — as became clear during the last financial crisis.