A Forecast for the Next Decade

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by Capitalist Exploits
Monday, Feb 15, 2021 - 10:25

By Chris MacIntosh at Capitalist Exploits

To say that last year was a game-changer seems silly really. It was revealing. For many who don't follow the financial world, it revealed the incurable monetary problems in the Western led financial system.

For many who don't follow politics, it revealed the deep state, as from country to country the people's will was overturned by vested interests.

For many who don't follow big business, it revealed Silicon Valley for what it is. A cesspool of Marxist, power hungry technocrats with maniacal tendencies.

What last year was more than anything else, was an accelerant for many of the underlying trends that were already in motion, while bringing on new probabilities and uncertainties.

When looking at the world from a birds eye view, we find that segregating the United States, Canada, Britain and the European Union into separate political and economic entities no longer makes sense.

They are "The Western Bloc", and are now following the same ideological, political and social paths.

Prior to Covid, we had some reservations as to how things would play out, but now the path seems indisputable. This path is an acceleration of socialism into a blow off top, an authoritarian style of governance, and it will - by necessity - involve printing money in a vain attempt to stave off the collapse.

It wont matter. All will share the same fate.

Taken from The World Economic Forum's Twitter Feed

There is a non-zero chance that a debt forgiveness is tried. This will likely coincide with the issuance of a Central Bank Digital Currency. It will be looked back upon as one of the greatest thefts from the middle class in history, and a final nail in the coffin that is Western hegemony.

Some background:

  1. The world we've all experienced has been dominated by the Western success model. All models have their strengths and weaknesses, and over time these change. Nothing is static nor is it linear. This one has been no different. What has become increasingly evident is that this model has over time decreased in its resilience. It has been overwhelmed by socialism, which has created an entire society that is incapable of withstanding any hardship, even low intensity hardships. This societal structure lends itself towards societies seeking out and championing more of what has been instrumental in its weakness, namely socialism. Read my report entitled What Happens Next on it here. We are now in the final throes of its life. The next final step is authoritarian Marxist rule, and final collapse. Coming out of a collapsed society is rarely rapid. Remember; the USSR lasted 80 years.
  2. The manufactured hysteria over Covid-19 is being used to extend the life of this dying economic system through what is being sold to an unsuspecting public as "The Great Reset".
  3. The ESG trend (read this, this, this and this if you're not up to speed) is part of this "Great Reset" package. It is simply Marxism in new packaging, with an enormous marketing budget. It's now dressed up with buzz words such as "sustainability", "inclusivity" and "equality" and the now much promoted "build back better".
  4. In order to fool convince people, strong narratives are required. All have been building for years now and one such part of this Marxist agenda is of course "man made climate change". This has been a tried and tested model. It was originally labeled as Global Warming, but when the absurdity and inability to pretend it existed in the face of overwhelming evidence to the contrary (no warming), the buzz word was neatly transitioned to Climate Change. Importantly, it allows for the instilling of terror in a populace... and once sufficiently terrorised, people are incredibly malleable.

We have been here before.

Too many exhibits but here is a taste for those who can't recall...

And this beauty...

Despite all this, we can now expect "climate lockdowns".

If you think I'm joking, you've clearly not been paying attention.

Charles MacKay the author of "Extraordinary Popular Delusions and the Madness of Crowds" made the following astute observation after studying and documenting follies, manias, popular delusions and sheer madness exhibited by crowds.

The Great Reset; like climate change, extinction rebellion, planetary crisis, green revolution, and now the Covid hoax, are being promoted in order to distract, terrify, and provide justification for greater authoritarian control as the financial edifice crumbles.

All are built on flimsy, junk science produced by dishonest political hacks on the Government payroll, and spoon fed to the public via mass propaganda.

The reasons for these are twofold.

One is to build a protective wall around themselves (as starving, angry masses can become unruly to deal with) and the other is that we are witness to a vain attempt to dramatically slow the consumption of natural resources (lockdowns on air travel and consumer travel) and therefore extend the lifetime of the current system.

It may prove "stimulatory" for a very short while (massive capital being poured into "green energy") and provide a short term reprieve from the inevitable, but ultimately won’t address the bottom-line problem and will only delay the inevitable.

How long that takes is up for debate.

Regardless, it is known that the system cannot continue and so we are living through the attempt to self demolition, with the intent that those in control will be able to rebuild and do so with even greater control.

The collapse of the Western financial system - and ultimately the Western civilization - is the main reasons for this forecast.

Covid is designed as an excuse to try resist this collapse and retain power. It won't work.

Western societies, drunk on extreme liberalism are unable to deal with any real hardship.

So far, the Covid death toll is roughly 2 million people, if we're being generous. If we are to add back all those flu and heart disease deaths which have miraculously disappeared then certainly the figure is significantly less.

The risk is clearly not from Covid, as even the most naïve and gullible using rudimentary math will quickly find.

The actual risk - the risk that you should be concerned with - is from the Marxist takeover we are living through and its ultimate probabilities.

What is now certain is that the economic crisis due to the lockdowns will cause far more deaths than the virus worldwide.

“Globally, the lockdown measures have increased the number of people at risk of starvation to 1.1 billion, and they are putting at risk millions of lives,”

Leading epidemiologist Dr. John Ioannidis of Stanford University

“This year has seen a perfect storm that has left 270 million people facing crisis levels of food shortages. That is double the number of people needing immediate assistance this time last year."

Caoimhe de Barra, CEO, Trócaire

And creating untold misery:

"I think that the cost to our nation in continuing to keep these schools closed is substantial, and I’m hopeful that resources that are necessary can be made available... But there has been another cost that we’ve seen, particularly in high schools. We’re seeing, sadly, far greater suicides now than we are deaths from COVID. We’re seeing far greater deaths from drug overdose that are above excess that we had as background than we are seeing the deaths from COVID."

Dr. Robert Redfield, CDC Director

Suicide rates in Australia are forecast to rise by up to 50 per cent due to the economic and social impacts of the coronavirus and tipped to outstrip deaths from the pandemic by up to 10 times.

Australian Medical Association modelling, The Australian

My family would 100 percent starve if I don’t beg. What else can I do to feed them when there is no work?

Alireza Yousufi, 41, Kabul, talking to the Washington Times

Furthermore, lockdowns will not end.

They will be brought back like a tool, at any time, for any purpose.

Democracy is over.

This year will see elections in multiple western countries. We expect to see any opposition to the elites now in power being quashed under "health restrictions".

Free and fair elections are finished.

The obvious political campaigning that would oppose The Great Reset will be made illegal under new laws already implemented.

What's more is that the "sustainability agenda" which is the "Green Deal" dressed up in different pants, is now being implemented. It will bring about an astonishing fall in the standards of living, skyrocketing poverty, starvation, stagflation and an acceleration of the breakdown of civil society.

Holding this all together will require a level of authoritarianism few can imagine. This is being rolled out ahead of time. They know what is coming and are prepared for it. The populace are still largely ignorant, optimistic, gullible and completely unprepared for it.

This persistent and ongoing tide of "woke mob" led politics is going to render the Anglo-Western social and cultural institutions impotent. The rule of law is being manipulated to preference society's rights over individual rights. Evidence, reason and rationality are running headlong into a wall of cancel culture, as education and science is being replaced by selected procedural methods.

In effect, the civil structure on which the West was built is being ripped to shreds before our eyes. We can safely say that much of the Western world today is in second world status, descending rapidly into third world status, masked mostly by the efficiencies of globalisation built over decades that is now reversing (as I recently presented here).

Britain, a former beacon of law and order, is now under martial law with citizens being beaten and imprisoned for visiting their loved ones or going to the gym.

The push towards mass vaccinating the populace via coercion, propaganda and manipulation is in full swing.

"Health Impact Events" and deaths from these experimental unorthodox mRNA vaccines are already mounting and the campaign to suppress the truth is becoming increasingly draconian.

The extent of the economic damage done is already largely incalculable, but already exceeds that of the great depression by at least a factor of 2.

It grows exponentially with each day.

Britain is not unique, as the same is true albeit to a lesser extent for all of the West. The physical infrastructure still remains, but this masks the underlying rot. Just as an abandoned building in the tropics left uncared for is overtaken by the jungle, this existing infrastructure will slowly, then rapidly deteriorate.

At that point the physical decay and poverty will mirror the intellectual, moral and social decay, and it will finally become visually apparent.

Within a decade, many cities in the West will be unrecognisable.

This is the future of those following The Great Reset, namely Western democracies.

The Western economic system has been held together by debt. After decades of not allowing true busts to happen and kicking the can down the road, we've reached the inevitable dead end. The bond market is no longer functioning as the vast amount of debt is now bought by the Central Banks themselves, and fully 100% of secondary issuance is owned by the Central banks (EU) in a bid to hold down the cost of borrowing, while simultaneously being able to print more dollars.

Debt forgiveness is coming.

In a last ditch attempt to detonate the existing system and replace it, the elimination of public debt will be conducted.

It will be the largest, most egregious theft in living memory and millions of people will become impoverished overnight. This will coincide with a Digital Central Bank Currency unit tied to UBI (Universal Basic Income).

It will usher in a level of control and enslavement that will be total. China's social credit system is the model. For more depth go read the IMF and WEF's own papers on the topic. It won't matter, as debt repudiation will not work.

It will likely signify the final nail in the Western led system's coffin.

When analysing historical data, various systems of governance, and the societies being governed, it is instructive to note that the experience with the Soviet system implemented by the Bolsheviks was quite different to what lies ahead for the West.

Soviet society at the time was far more resilient than Western societies are today.

This was both as a consequence of strong family structures and largely mono ethnic culture, as well as the fact that the preceding wars fought by the soviet population had hardened society to deal with social, and economic hardships.

This is the polar opposite of Western society today, where society is outraged if someone is "misgendered" or if a "person of insufficient colour" makes a burrito (cultural appropriation).

To think that such a culture can sustain itself is beyond laughable.

Three years ago, we forecast that if this wasn't stopped the west risked descending into tyranny.

We believe it is now too late.

Western societies today sport records in the following:

  • They are THE most diverse ever,
  • They are more multicultural than at any time
  • They are the most personally indebted
  • Their governments are the most indebted
  • They experience the highest standards of living

The first two points are important since, in times of economic prosperity multiculturalism and diversity bring creativity, innovation and expansion.

But in times of economic contraction, people turn tribal.

This is exacerbated when they are turned against each other, as is the case across the western world (white privilege, stakeholder equity, toxic masculinity, gender identity).

The last point is important, since they are the least resilient and will suffer the most. Western societies don't know hardship and when even a minor shock hits, the belief is that not only can the state provide for all who are disadvantaged, but that it should.

This is why they will borrow and print. Society will literally demand it.

Evidence of Western societies lack of resilience is to be found in the degenerate behaviour being disguised as virtue. We see it in "cancel culture", hate speech laws, censorship of any apposing views - and now even questions, hijacking of science to fit a narrative (Covid and Climate change being the most aggressively used) and attempts to rewrite history in favour of the perpetually oppressed.

These are all signs of this crumbling system.

Not Like the USSR

To put this into context, when the Bolsheviks took over and created the Soviet system, ten percent of the population died.

Some from outright slaughter, some in Gulags, others from poverty.

The new age Bolsheviks are now in power in the West and this will likely be worse, possibly much worse for the reasons mentioned above. None of this takes into account the effects of the experimental drugs being used on populations. The result; the populations of these countries will decline.

The combination of deaths and migration will ensure this.

The Second and Third World

Right now, the jury is largely out on those countries we have formerly termed "second" and "third" world.

We are watching them closely.

Those who follow Western powers and The Great Reset, tying themselves economically and politically to them, will suffer accordingly with civil strife prevalent.

With the collapse of their economic systems, so too will the power vacuum left be filled. This in itself could become a hair trigger on an international scale. We have already seen the chess pieces on the board shifting.

China taking Hong Kong was a result of the early inning of this power vacuum. China took HK because it could. So much has happened in such a short period of time that has weakened the Western system that it is now simply a matter of time before more power plays are had on the international stage.

The West will experience intensified secessionist movements, which are likely to result this time in violence, as the system becomes authoritarian in a mad bid to hold things together.

It remains highly unlikely that the United States remain "United".

The term "Domestic Terrorism" will become the norm as anyone diverging from the narrative will find themselves quickly deemed a "terrorist".

Watch for it.

Second and third world countries - provided they choose NOT to ally themselves to the sinking Western ship - are better positioned to deal with hardship than the Western democracies.

Social safety nets in these countries are effectively decentralized; they are the family unit.

The requirement - and indeed ability - of their governments to "fix" the problems are lacking, and so they won't. Those second and third world countries that choose not to follow the West will be following Russia and China, neither of which will follow The Great Reset.

They cannot, as their power structures require a wholly different approach.

They are ideologically opposed to The Great Reset and so cannot be bought as easily as the Western powers have been. This is for both economic, but also cultural and ideological reasons. Countries that tie themselves to these two will form the new makeup of the post Western world.

This is unfolding now, and is easily seen if you're paying attention.

Different Systems

In a recent Insider publication, I remarked that;

At $7.1 trillion, the combined market cap of Apple, Microsoft, Amazon, and Google is greater than the GDP of every country in the world with the exception of the US and China.

It is not a coincidence that every single one of these companies has been an avid and enthusiastic supporter of lockdowns. They are more powerful than many governments, and as we've just seen in the US, they are exerting immense political influence.

In the Western system, the corporate elites dictate government policy and they are in the process of attempting to gather as much power as possible to ensure their own survival, and indeed usher in an entirely new system.

They are calling it The Great Reset.

Backing this great reset is the grand con masquerading as "philanthropy".

For instance, Bill Gates wealth has doubled from $54 billion to $105 billion since he started his vaccine agenda, under this carefully constructed guise of "philanthropy" whilst killing thousands, injuring millions and rendering thousands infertile (read this and this for a sample).

"First we got population. The world today has 6.8 billion people. That’s headed up to about 9 billion. Now if we do a really great job on new vaccines, health care, reproductive health services, we lower that by perhaps 10 or 15 percent."

Bill Gates, Ted2010 Conference, emphasis ours

Those paying attention might also raise an eyebrow at his recent foray into disaster capitalism, as the measures he championed for covid-19 have allowed him to become the US' largest farmland owner and enter a bidding war to buy Signature Aviation, the world's largest private jet operator.

Otherwise known as "key strategic assets" in a world of government controlled movement and supply chains.

But who would notice, he's too busy pumping 160x the amount of carbon dioxide into the atmosphere per year than the average person he is dictating the life of, for one of his "guilty pleasures".

Dangerous megalomaniacs with socialist tendencies who are risking the entirety of humanity with a dangerous, unproven, unnecessary and rushed to market Covid vaccine for a falsified pandemic to further their interests is the stark reality of our current situation.

This is not a movie, or a story.

It is fact.

Geopolitics and Military

The situation between the three great powers has changed dramatically. The only relevant achievement of the Western powers during the past decade has been the formation of a strategic alliance, both military and economic, between Russia and China.

The relationship between the United States and ASEAN was dealt a serious blow under the Obama administration. Nothing since has been done to repair this and instead China has grown its influence under the Belt and Road initiative.

US influence is now at an all time low, and about to get worse.

Into this void has stepped China. The implementation of Regional Comprehensive Economic Partnership (RCEP), which has created the world's largest trading block, is a stark reminder of just how rapidly Western influence is collapsing.

It is instructive to note that neither the EU nor the US are party to RCEP.

Moving to Europe and Russia; This partnership is now in tatters as the Kremlin has finally had enough and realised there is little to gain from engagement. The EU never wanted a partnership, but rather a vassal EU state.

For the same reasons that Russia will not pursue The Great Reset, Russia was never going to acquiesce to the EU's agenda. This was always the most probable outcome, but the Covid scam, and the EU's pushing its "Sustainability agenda" which wraps neatly into The Great Reset, is not in Russia's interests. If there ever was any doubts as to what would happen with this partnership these have now been conclusively put to rest.

There isn't and will not be any partnership.

Both Russia and China have been preparing for a major war since 2008, and China has been increasing its military capabilities for the last 20 years. Russia has now completely de-dollarised its economy, built a hoard of gold, and has one of the most stable balance sheets of any sovereign.

They are coincidentally self sufficient in both food and energy, both of which are about to become absolutely critical. As I've said many times before:

Western powers are in the process of virtue signalling away their energy security for brownie points at the Woke table. Whether by intent, ignorance or malice they are seeding autonomy.

Their enemies will use this against them.

Right now, their enemies need not lift a finger, as watching your enemy commit suicide is both cheaper, easier and likely a more gratifying experience.

The period of time post World War 2 is that which is in the memory of people today. I would suggest a longer timeframe is required to adequately assess the risks in front of us today. War is more the norm than most realise.

The entire global world order has been underpinned by American economic, military (especially the Navy) prowess. That order is collapsing right now and at speed.

This power vacuum WILL be filled.

As of this writing, not one in one hundred in the Western system believes that anything other than a Western led system will lead.

The brainwashing of individuals is complete, and not only do the majority believe the West holds the moral high ground, but they believe in their technological superiority.

This hubris has allowed them to entirely ignore what is taking place around them. We see it with the rise of the supremacy of the emotional arguments over the rational ones (2+2=4 = racist) which are ignored or deprecated.

Rational, objective, evidence based thinking is now uniformly categorised as "conspiracy theory", and any questioning of the spoon fed narrative is ridiculed and then "canceled".

That mindset can play a key role in the upcoming catastrophic events.

At least in the Soviet system, the silent majority of the people were aware of the fallacies they were fed. They knew they were bunkum and paid lip service to them in order to survive.

In the West however, we can see that absurd claims are actually completely believed.

Over the course of the 2020s it will become obvious that the new model (The Great Reset) is failing.

This will be taking place while the Russia-China block outperforms.

This relative and obvious divergence may lead to war, purely out of desperation (they created a fake pandemic and fake climate alarm so don't discount a war for whatever reason).

The last piece of hegemonic power is of course... nuclear weapons.

It may be tempting to snatch victory from assured defeat when one has such power in hand.

The historians among readers will understand why we are rushing towards what may be the worlds first nuclear war.

Such a war will not halt the collapse of the western financial, and hence political system. It may just turn it into one where the casualties are counted in the billions.

We hope that such a catastrophe can be avoided.

Right now, unless the technocrats at the WEF are not halted in their tracks, the probability of this falls daily.

Our job, for ourselves, our subscribers and our clients for now is to protect our capital, profit from the inevitable, and watch like hawks to correctly (we hope) determine probabilities and outcomes.

Flexibility will be key.

In our country the lie has become not just a moral category but a pillar of the State