Bracing for a monumental change in 2023

Friday, 13 January 2023 — Albert Park

[8 min read]

Dear Reader,

What would you say if I’m to tell you that we’re all witnessing a monumental change for mankind?

Well, some of you’ll say that’s nothing. You may rattle off several major events that people have lived through over the past century:

…and more…

Those marked a major turn in human society. It showed our resilience through thick and thin, as well as our ingenuity in conquering different frontiers.

But I reckon we’re staring at the cusp of something even more substantial.

It’s more than the demise of mainstream media that’s been revealed to be nothing more than the communication arm of corrupt leftist governments and globalist elites.

It’s more than the revelation of a façade of democracy, as we find that our elected leaders are often nothing more than installed puppets via a rigged and compromised electoral process.

It’s even more than the imminent demise of the petrodollar financial system, which is more than 50 years old, outliving its lifespan by almost a decade. This is the system that conjures currency out of thin air to buy up literally everything and then creates a false sense of reality while robbing us blind and oppressing us.

Combine these together, and what you have is a tectonic change in the global order.

The Liberal World Order and Pax Americana

To put in simple terms, a world order describes how countries around the world interact with each other economically, geopolitically, and strategically.

Since the end of the Second World War, the US dominated the world under the Liberal World Order. The US is assisted by its allies including (to name a few) the UK, Germany, France, Canada, Japan, and Australia. Many of these nations share in common a democratically-elected government, a legal system administered separately from the governing body, open economies, and financial markets and individuals with personal rights (to varying degrees).

International organisations such as the United Nations (UN), the Organisation for Economic Cooperation and Development (OECD), the International Monetary Fund (IMF), the World Bank, the World Trade Organisation (WTO), etc., oversee countries in forming trade agreements, military alliances, as well as settling disputes.

The term ‘Pax Americana’ describes this era where peace existed in a large proportion of the world, with armed conflicts confined to selected regions.

A decaying system rotting from the core

On the outside, the Liberal World Order appears to be on the right track. It sets the standard for nations to attain — a democratic society, a government body with cheques and balances, free and open markets, human rights for individuals — regardless of sex, ethnicity, social class, beliefs, and lifestyle preferences — and a fair judicial system.

Until the last 20 years, the most developed countries shared these common traits. Countries that underwent reforms to adopt these traits experienced significant growth — think about the amazing rise of South Korea from its smouldering ruins post-Korean War in the 1950s to become a technological leader today!

However, the prolonged dominance of the US in the Liberal World Order is not so much a blessing as it is a curse. Despite the robustness of the US Constitution that seeks to safeguard its people from government and institutional corruption, eventually, the rot will set in and spread.

That’s exactly what’s been happening, and it’s only in recent times that we’re able to see the malaise fully.

Most of you know about the blight of the corrupt Uniparty system comprising self-interested and compromised Congressional members from both sides of the aisle.

Not to mention the Federal Reserve and its undisclosed owners who have ties to Wall Street and the European banking dynasties.

Then there’s mainstream media, Hollywood, athletes, and intelligentsia who are bought and paid for by foreign and international corporate money to promote subversive values and the rising wealth inequality.

All these threaten to not only divide the country but also, because of the power of the US military, could endanger the rest of the world as the Military Industrial Complex picks fights or foments conflict between nations through its foreign policy.

This isn’t just a problem that the people in the US experience, it’s similar worldwide. I’m just using the US as an example to highlight it.

Until recently, people see these organisations that cause people to suffer to be separate organisations vying for power and resources.

We now see more clearly that they’re all tied together, and that there’s something driving it.

And here I point to the World Economic Forum, the head of the beast.

Most of you are more than familiar with this organisation and how it appears to dictate to world leaders and major institutions on just about every major decision and event in recent history — be it the Wuhan virus outbreak, dealing with the transition of our financial system into digital form, and our way of life with carbon credits to deal with climate change.

I’ve written about the pervasiveness of this unelected body. The people in this organisation hail from the top tiers of society, and are related to each other through political, business, and ideological ties. You can read about it here.

There’s no more theory about their conspiracies!

I know that many who are aware of this feel that the future is bleak, and resistance is futile. Up until recently, I shared that outlook.

But I believe the tide has turned…irreversibly so.

A surprise twist with more to come!

The World Economic Forum juggernaut has been heading for destruction since last year.

How so?

Through the change in the public perception towards them.

You see, we’re living through a Global Information War. Instead of conquest using missiles, bullets, and boots on the ground, it’s with information to capture our hearts and minds.

When Elon Musk gained control of Twitter by outmanoeuvring the board and management who sought to keep his hands off the platform, the tables turned.

The release of communication behind the scenes between government officials, intelligence personnel, and institutional and business leaders with Twitter staff revealed collusion to suppress the truth from the public in order to control them, has confirmed what was once deemed a ‘conspiracy theory’.

‘Twitter Files’, as it’s known, has landed a fatal blow on the remnant credibility of the ruling class and its associates.

No longer will they be able to dominate the news narrative through their self-proclaimed ‘official story’ and ‘consensus of expert opinions’.

It’s only a matter of time before even the most loyal adherents of the globalist ideologues abandon ship and turn on those who fooled them for so long.

With a crumbling economy, even those in power and aligned with the globalists will seek to save their skin and thereby bring the system down to its knees.

The Liberal World Order will fail and bring down the global economy.

Nations will — once again — have to come to the table to negotiate a new order and financial system.

What will they bring to the table?

My guess is real money — gold.

Central banks and traders on Wall Street have long tried to keep gold suppressed. But even they were scrambling to buy gold last year, at record levels mind you!

Gold is going to decide who calls the shots in the coming years.

There’s a change in the world order, but not without a storm and rough times.

My colleague and fellow editor of The Daily Reckoning Australia, Vern Gowdie, is of a very similar mind. He sees the risks that a corrupt monetary system puts on the markets, and that 2022 was just a taste of the kinds of big losses to come. He believes non-tangible investments — like stocks and crypto — are unpredictable minefields that are best to avoid…with drops of up to 70% on the cards.

If, like Vern, your main mission in 2023 is to protect and preserve your wealth, join him and Bill Bonner in a four-part strategy session aimed entirely at ‘Avoiding the Big Loss’. The first session is on Monday, 16 January, and it’s completely free to attend. Reserve your place here.

God bless,

Brian Chu,
Editor, The Daily Reckoning Australia

Dear Reader,

Fish gotta swim. Birds gotta fly. And late, degenerate empires gotta get out of the way.

Here, we focus on money. And we see that the primary trend seems to have reversed. What was up is now down. Left is right. The Fed was playing fast and loose for the last three decades; now it is sitting up straight and tightening its tie. And those who made money in lighter-than-air ‘securities’ in the 2009–20 boom are now losing money as they come down with a thud.

The latest headline from Bloomberg: ‘Super-Prime Real Estate in New York and Florida Has Hit a Wall’.

But this market correction is only one of a catastrophic ‘cluster’ of trends that we looked at yesterday:

Let’s start from the bottom and work our way up.

Insecurity complex

The military is supposed to provide security, so that ordinary people can go about their lives without worrying about a foreign invasion. Subordinate to civilian control, in the US, the gold-braided general is supposed to be kept like a guard dog — on a leash, held firmly by people in civies.

But over time, the ‘military, industrial, surveillance, think tank complex’ has become just what Dwight Eisenhower warned that it would become — unstoppable…unanswerable…and unpalatable. This year’s appropriations bring US military spending to more than is spent by China, the UK, Russia, India, France, Germany, Saudi Arabia, France, and South Korea — combined. With the money, the armed wing of the Deep State, the richest single enterprise in the world, has bought control of the press, the universities, the administration, and Congress itself. It pays an army of lobbyists and a phalanx of scholars to explain and persuade…to twist arms and bend public opinion — always in favour of more and more military spending.

The war industry keeps the public’s attention fixed on one conflict after another. Vietnam, Nicaragua, Kuwait, Bosnia, Iraq, Afghanistan, Syria…and now the Ukraine…to be followed by a showdown with China.

But what was the point of any of these wars?

US offense industry

Communism failed because a centrally controlled economy is inherently weak; in Vietnam, the Pentagon got 58,000 American soldiers killed for nothing. In Nicaragua, Danny Ortega, one of the original Sandinistas, still rules. In Iraq, there are more terrorists than ever before now that there’s no Saddam Hussein to keep them in check. In Afghanistan, the Taliban — a designated ‘terrorist’ group — runs the country. And is Russia really a threat to Europe? Will she invade Germany? France? Do you watch the news? Putin has his hands full just getting control of a Russian-speaking area on his southeastern flank, where the local people actually begged him to come in.

The US ‘defence’ industry has long since given up any pretence to be defending the US. Since the Second World War, all its undertakings have been ‘wars of choice’…offensive operations in which it meddled in the affairs of sovereign foreign nations. And yes, language evolves along with the purpose to which it is put. The new chairman of the House Armed Services Committee, Republican Mike Rogers, no longer speaks of proud citizen soldiers defending the Republic. Now they are more accurately ‘warfighters’ who can ‘deter and, if necessary defeat, any adversary anywhere in the world’.

Why taxpayers would want to support ‘warfighters’ has never been explained. And who do they fight? Do we have adversaries in Ouagadougou? How about in Mogadishu or Reykjavik? Only if we want to have them. And the only plausible reason for wanting to have them is to justify shifting wealth from the public to the war industry.

In practice, the grift has been easy. Put some money on the table — a campaign contribution, support to a favourite think tank, a contract, a sinecure — and deciders are easily convinced. As for the public, it needs no convincing; it hardly has time to think through the particulars. Instead, as soon as the game begins, it puts on the home-team jersey.

Long range imbeciles

It’s the theory that poses a problem — at least to those few who bother to think about it. The US is, after all, protected by two vast oceans. It is almost impossible for an adversary to get anywhere close to Long Beach, CA, or Ocean City, MD. And even the fastest long-range missiles take time to reach their destinations, during which they are vulnerable to ‘interdiction’. In the context of an US$860 billion budget, defensive missiles cost a pittance.

It’s the short-range missiles that pose a more immediate threat. That’s why President Kennedy insisted that the Soviets remove their missiles from Cuba. And that is why Mr Putin is so keen to keep NATO away from the Donbas. Alas, in disregarding the Kremlin’s desire for the same security that it finds indispensable for itself, the US commits an error typical of late-stage empires…a failure of reciprocity. It has gotten too big for its britches.

But there are limits to everything. Great armies rise. And then — under the weight of their own booty, bureaucracy, and brass — they fall. Already, the Pentagon’s target-rich environment is in the US House of Representatives, not in enemy territory. In the nation’s capital, it can toss a grenade at random and take out nothing but its own supporters. Real enemies might not be so easy.

Meanwhile, the more time and stuff the ‘military, industrial complex’ squanders, the less is left over to fuel economic growth.

Productivity is falling in the US at the fastest rate in four decades. Growth rates have fallen since the 1950s, and now are nearly negative. Savings are the precious ‘secret sauce’ of a real economy. But the savings rate is at a 17-year low. And instead of using money carefully and wisely, billions of dollars go to the shysters of Kyiv, Ukraine, as well as those in McLean, Virginia.

Fearing the death of its empire, the US commits suicide.

Regards,

Bill Bonner,
For The Daily Reckoning Australia