Is World Economy a Giant Ponzi Scheme Economy which Crashed in Sept 2019
A Ponzi Scheme Economy is a giant pyramid scheme by definition, and the most learned of experts in world economics tell us that the world economy is indeed a giant Ponzi scheme economy based on debt to just a few families.
Politicians around the world are controlled by 3 families:
House of Saud 6+++ $4 trillion+
Rothschild 6++ $2 trillion+
Soros 6+ $1 trillion+
“The world needs a new model of how to generate a rising standard of living that’s not dependent on a pyramid scheme,” Nobel laureate Steven Chu said at the University of Chicago.
Is COVID-19 a Cover-up of Sept 2019 Crash of our Pyramid Scheme Economy?
A pyramid scheme and a Ponzi scheme, the latter named after 1920’s Italian con artist Charles Ponzi, are quite similar. Ponzi was paying earlier investors using the investments of later investors which is in fact how the world economic system is run. A pyramid economy is a debt-based economy which uses debt as the preferred asset to back the currency rather than a physical asset like gold or silver.
In September 2019 the shadow banking system crashed worse than at any other time in the history of the world.
The repurchase agreement, or “repo,” market, an obscure but important part of the financial system, was to blame and has received much recent publicity for failing to notice that a credit bubble was about to burst.
In the week of September 16, 2019, a lot of cash flowed out of the repo pipes just as more securities were flowing in. That meant that suddenly there was more cash than debt, and that mismatch drove overnight repo rates to 10% on September 17, from about 2% the week before. [1]
The response by the 0.0000001% who own the shadow banks and the printing rights was to print trillions of dollars – or debt – and inject it into the Federal Reserve Bank and the Treasury of the United States in order to balance out the cash influx. This injection of debt dollars into the economy filters to the rest of the world, since the US dollar officially became the world’s reserve currency in the 70’s, and is shown in the above graph.
The REPO Market and the Start of the Financial Crisis (2020)
Giant Ponzi Scheme Crash Coincides with COVID-19 Outbreak
Coincidentially, SARS-CoV2 virus (severe acute respiratory syndrome coronavirus type2) causing COVID-19 disease was just beginning to infect people in Wuhan Wet Markets in China in late September early October, 2019.
Interestingly, the Scientist responsible for the gain-of-function and gain in pathogenesis trials on coronavirus1, Dr Shi Zhengli, was from the Wuhan Institute of Virology. She found, after 18 iterations of trials performed at North Carolina University, from samples acquired from Fort Detrick, that coronavirus1 became SARS-CoV2 virus. It was the 19th trial which is responsible for causing the weaponized COVID-19 disease.
Since 2005 she had been carrying out her studies on coronavirus1 at North Carolina University with funding from the Chinese and United States Governments. She was not called back to Wuhan Institute of Virology in response to the escape of SARS-CoV-2 virus until late December, 2019 while she was attending a conference in Shanghai.
COVID-19 Pandemic is an Economic Black Swan
So, SARS-CoV-2 virus, or COVID-19 pandemic is being called an economic Black Swan which has “thrust the world onto a path to an economic collapse of epic proportions”, according to the shadow rulers of the world – the 0.0000001% who control the media inter alia.
But, the reality is that the crash occurred on 17 September and had no bearing on COVID-19 apart from both happened around the same time, with the economic collapse being the first to register on the world stage.
It is easy to understand that small businesses have taken a coup de grâce blow by the lockdown. That is despite the trillions of dollar injections into the debt economy which we will pay for over the next few generations in order to keep the debt economy or Giant Ponzi Scheme afloat.
All Governments around the World have been forced to borrow the printed debt to compensate the victims of the lockdown. The victims amount to just about everyone, but most especially small business owners, a lot of which will never recover.
So now, the non-ruling parties of all Governments worldwide can accuse the ruling parties of borrowing crippling debt, and a lot of people will believe that they should not have done that because they understand that we have to pay it back in taxes, eventually.
But governments had no choice at the time. It was necessary so that the Giant Ponzi Scheme Economy could begin to recover from the Sept 2019 shadow banking system crash which was followed by the March 2020 Stock Market crash to end all crashes, scalewise.
Ponzi Scheme Economy Recovery
The pyramid scheme recovery entailed injecting more debt dollars to balance the cash which began to overtake the debt and cause the economic crash in Sept 2019.
Its a delicate juggling act to run a Giant Ponzi Scheme Economy which most governments don’t fully understand. We are not taught economics in school and even at University level what is taught is not even close to how a debt standard operates.
Debt-Based Economy – We Have A Debt Standard
What a Debt-Based Economy means is that whenever a borrower pays loan principal back to the bank, that money stops circulating – it just disappears from the overall money supply and goes back to pay the initial (i.e. the .0000001% who own it). This means the money supply increases when banks make loans and decreases when borrowers pay principal back to the banks.[2]
IT’S Happening NOW – “The End of Money as We Know It” (Full Documentary)
In modern money systems, money is brought into circulation by printing it. The printing of money by the 0.0000001% and loaning it to banks or governments (supposedly to most credit worthy instances of any economy) means we have a debt standard. Therefore there must actually always be more debt than money. But in Sept 2019 there was more money than debt and so the shadow banking system crashed.
And that is precisely when we supposedly suffered an economic Black Swan which put the world onto a path of economic collapse of epic proportions due to the weaponized SARS-CoV2 virus causing COVID-19 disease, supposedly.
What is the Link Between Health and the Economy?
And why is the link between our economy and world health so important?
In 1992, so called Agenda for the 21st Century was agreed to by 179 nations. It is a UN plan to ostensibly protect world health, but it is really about controlling the debt based economy like everything else. It is a widely held belief that Agenda 21 was planned with malice aforethought since in the name of health you can suppress liberty.
At the exact same time that the COVID-19 lockdown occurred worldwide, the biggest crash of the stock market in world history occurred, viz. March 2020, but nobody knows anything about it. That’s because everybody was quarantined at home thinking about coronavirus and face masks and social distancing and too distracted to care.
So, was it the health ruse that explains the recent quarantine of all the healthy people worldwide? Whereas if Agenda 21 was not in play, would only unhealthy people be quarantined from a virus which was weaponized at North Carolina, not Wuhan btw?
So Trump is definitely wrong to call it the “Kung ‘flu” when it would be more correctly called the North Carolina ‘flu or gain-of function and gain in pathogenesis ‘flu – or, in other words the “weaponized ‘flu” – the trials for which were paid for by the 0.0000001%.
“It Is Destined To Happen This Way” EXPOSED (2020)
Conclusion
Our crashed economy was instigated by the outbreak of COVID-19 which was a result of gain-of-function and gain in pathogenesis trials carried out over 14 years at the University of North Carolina until 2019 which by choice precipitated a worldwide lockdown.
The effect of the economic shutdown so produced can only get worse every day and is likely due to 2 main factors:
1. to cover up the shadow bank collapse of 17 September 2019 and the subsequent Stock Exchange crash of March 2020; and
2. the need to instil the fear of the need to “vaccinate” everyone in the world in order to bring us out of the Economic Black Swan and to return us to safety health wise: physically, economically and emotionally.
The above constitutes a classic Hegelian Dialectic and I will cover the proposed solution of COVID-19 economic and health solutions by way of a the classic Hegelian Dialectic of problem; reaction; solution in my next blog.
References:
[1]The shadow banks are back with another big bad credit bubble
[2]The Debt-Based Economy
The Repo-Crisis of September 2019
Another look at the Federal Reserve’s panic in September 2019 and solutions to the crisis
The Stages of the Collapse
Understanding the role of debt in the financial system