Tuesday, September 10, 2024

PRESSING THE RESET BUTTON


The USA started the 21st century with a national debt of $5,674 billion and a fiscal year budget surplus. Today the national debt is at nearly $36,000 billion and the The projected federal budget deficit for fiscal year 2024 is estimated to be $1.9 trillion. This figure represents an increase of $400 billion from previous estimates made just four months earlier. 

At the current pace, the National debt is growing $1,000 billion ($1 trillion) every 100 days. The Federal Debt in on track to hit $40 trillion in approximately 1 year from the 2025 Presidential inauguration. 

Nearly 75% of Federal tax revenues are going to pay just the interest on the national debt. Social Security reserves are drying up and other off-budget liabilities are through the roof.  

The USA government is fiscally unsustainable. If we were a household we would be filing bankruptcy, but the government isn't a household and we have something households don't have. The Federal Reserve has the ability to print money.  Congress can spend as much money as Congress agrees to spend. The Treasury can borrow as much money as it can borrow.  

THAT IS UNTIL IT CAN'T BORROW BECAUSE MARKETS HAVE LOST FAITH IN THE USA DOLLAR. THEN WHAT? THE GREAT RESET...THAT'S WHAT.

What is the "Great Reset?" That is what the world's richest most powerful elite people have been been planning for decades. When America and other nations drive off the fiscal cliff they have a plan to catch us. That's the Great Reset. 

The Great Reset is how the most powerful people in the world plan to save the world's economy from total economic ruin. It is also how they save their own fortunes in the process. 

The solution will undoubtedly require a radical rethinking of and approach to handling monetary policy. The expression for it is Modern Monetary Theory (MMT). 

I choose not to delve into MMT and what I speculate are the mechanics and effects in this blog article. I have plenty of thoughts on this topic but I don't have the desire to write them out. 

To understand the Great Reset, including the economic system it establishes, one has to appreciate the deep history of the World Economic Forum (WEF), the population control "ethics" of the WEF and related globalist organizations, climate change catastrophism, the technologies of the Fourth Industrial Revolution and even transhumanism. In laying this out one can not avoid the question and accusation of conspiracy theory. 

What could go wrong? 

Keep in mind that the next Shmita year, also known as the Sabbatical year, will be the year 5789 on the Jewish calendar, which corresponds to the time from September 20, 2028 to September 9, 2029.

The ultimate Great Reset would be the coming of the Messiah.