“The individual comes face-to-face with a conspiracy so monstrous he cannot believe it exists. The American mind has not come to a realisation of the evil which has been introduced into our midst. It rejects even the assumption that human creatures could espouse a philosophy which must ultimately destroy all that is good and decent.”
Get your Free
financial review
‘Their’ control of the mainstream media narrative would appear to be fragmenting. The defenestration of the BBC’s director-general Tim Davie and head of news Deborah Turness in the aftermath of clearly doctored editing of a Trump speech from January 2021 aired by the BBC’s investigative programme ‘Panorama’ in October 2024 suggests that ‘their’ domination of the prevailing news agenda is now somewhat less than absolute. The recent ethnic cleansing of the former Prince Andrew from the British royal family is another straw in the wind promising change for the better, as is the fact that no heads of state from either the US, China or India could be bothered even to attend the COP 30 climate change conference. The economic and cultural pendulum would seem to be slowly swinging back from centrally planned Marxist insanity towards basic common sense.
Who precisely are ‘they’ ? The following chart is courtesy of Iain Davis who asks, ‘What is the global public-private partnership (G3P) ?’

Source: https://iaindavis.com/what-is-the-global-public-private-partnership/.
Davis answers:
“ [G3P] is a worldwide network of stakeholder capitalists and their partners. This collective of stakeholders (the capitalists and their partners) comprises global corporations (including central banks), philanthropic foundations (multi-billionaire philanthropists), policy think tanks, governments (and their agencies), non-governmental organisations, selected academic and scientific institutions, global charities, labour unions and other chosen “thought leaders..”
“We are simply expected to accept, without question, that global corporations are committed to putting humanitarian and environmental causes before profit. Supposedly, a G3P-led system of global governance is somehow beneficial for us.
“Believing this requires a considerable degree of naïveté. Many of the G3P’s stakeholder corporations have been convicted, or publicly held accountable, for the crimes they have committed. These include war crimes. The apparently passive agreement of the political class that these “partners” should effectively set global policy, regulations and spending priorities seems like infantile credulity.
“This naïveté is, in itself, a charade. As many academics, economists, historians and researchers have pointed out, corporate influence, even dominance of the political system, had been increasing for generations. Elected politicians have long been the junior partners in this arrangement.”
The political nature of ‘them’ can be assumed by cursory identification of the characteristics of some of their higher profile spokespeople. Such as António Guterres, the Secretary-General of the United Nations and former leader of the parliamentary bench of the Portuguese Socialist Party. Or Tedros Adhanom Ghebreyesus, the director-general of the World Health Organisation and former Marxist terrorist. On this point, we owe a debt of gratitude to the economist Sean Corrigan who first introduced us to the concept of the ‘long march through the institutions’, an idea from the Italian Marxist philosopher Antonio Gramsci positing how a counter-hegemony or new political culture could be created by progressively taking control of the key institutions of civil society, such as the media, schools, and churches, rather than relying solely on violent revolution or state power. Judging by the events of the last five years, Gramsci’s ‘long march’ had come perilously close to reaching its final destination.
Another author who has identified ‘them’ is David A. Hughes, who has coined the term ‘Omniwar’ to describe their modus operandi, and whose ‘“Covid-19”, Psychological Operations and the War for Technocracy’ can be downloaded for free here.
Hughes introduces his book as follows:
“An undeclared global class war was initiated in 2020, whose aim is the controlled demolition of liberal democracy and the institution of global technocracy—a novel, biodigital form of totalitarianism that threatens to lead to the irreversible enslavement of humanity. World War III looks nothing like its two predecessors and is waged by the transnational deep state against populations using the novel methods of Omniwar, i.e. war waged in every domain, but clandestinely, so that the public does not recognise it as such. The opening campaign of World War III involved the largest psychological warfare operation in history, which I call the “‘Covid-19’ operation.” This was intended to demoralise, disorientate, and debilitate the public, thus weakening its resistance to the intended transition to technocracy. Historically, psychological warfare has served as the prelude to physical war, raising the alarm concerning what is to come.”
What do ‘they’ want ? Actuary and private equity manager Nick Hudson (our interview with Nick here) examines their agenda in the following post on X from June 2025:
“The State of the World
“Distortion of reality by tightly controlled media and highly censored social media, and by actor-politicians has became so intense that many have disconnected from reality on many dimensions.
“Democracy has long been dysfunctional, with manipulation of electoral results and control of candidates for election making a mockery of democratic processes, and the roles of unelected officials coming to dominate those of the elected ones.
“In this environment, vast and completely fabricated narratives have been successfully launched upon unsuspecting populations:
“1. With respect to covid, there was no pandemic.
“2. With respect to climate change, the carbon dioxide output of humans is irrelevant.
“3. With respect to central banking, your money is being stolen by currency debasement.
“4. With respect to immigration, the flood of “refugees” is really a planned importation of people chosen to extinguish local culture and mores.
“5. With respect to all publicised wars, the causes and motives are misrepresented, and the interests they serve obscured.
“6. With respect to trans rights, trans people have degenerate cognition, not legitimate knowledge of what it is like to be the other gender.
“It does not matter whether this situation reflects planning on the part of a shadowy elite, or is emergent from the decline of your civilization. No matter whom you vote for, or what gloss your preferred candidate puts on these issues, nothing will change until you and enough of the people around you wake up to reality, and launch a campaign of consistent non-compliance with the antihuman trajectory that manipulative elites have set us upon.
“It does not matter whether you label the centralizing ambitions of those elites as socialism, communism, technocracy, globalism or fascism. The important thing about centralisation is that it absolutely requires censorship and comprehensive obliteration of rights and freedoms to persist, and that it is wholly incompatible with the flourishing of human beings.”
The Augean Stables must be cleansed. If the task at hand seems daunting, one recalls the inspiring words given by Winston Churchill to the pupils of his alma mater, Harrow School, in October 1941, a period during the war in which Allied victory was by no means certain:
“You cannot tell from appearances how things will go. Sometimes imagination makes things out far worse than they are; yet without imagination not much can be done. Those people who are imaginative see many more dangers than perhaps exist; certainly many more than will happen; but then they must also pray to be given that extra courage to carry this far-reaching imagination. But for everyone, surely, what we have gone through in this period – I am addressing myself to the School – surely from this period of ten months this is the lesson: never give in, never give in, never, never, never-in nothing, great or small, large or petty – never give in except to convictions of honour and good sense. Never yield to force; never yield to the apparently overwhelming might of the enemy. We stood all alone a year ago, and to many countries it seemed that our account was closed, we were finished. All this tradition of ours, our songs, our School history, this part of the history of this country, were gone and finished and liquidated.
“Very different is the mood today. Britain, other nations thought, had drawn a sponge across her slate. But instead our country stood in the gap. There was no flinching and no thought of giving in; and by what seemed almost a miracle to those outside these Islands, though we ourselves never doubted it, we now find ourselves in a position where I say that we can be sure that we have only to persevere to conquer.
“You sang here a verse of a School Song: you sang that extra verse written in my honour, which I was very greatly complimented by and which you have repeated today. But there is one word in it I want to alter – I wanted to do so last year, but I did not venture to. It is the line: “Not less we praise in darker days.”
“I have obtained the Head Master’s permission to alter darker to sterner. “Not less we praise in sterner days.”
“Do not let us speak of darker days: let us speak rather of sterner days. These are not dark days; these are great days – the greatest days our country has ever lived; and we must all thank God that we have been allowed, each of us according to our stations, to play a part in making these days memorable in the history of our race.”
………….
As you may know, we also manage bespoke investment portfolios for private clients internationally. We would be delighted to help you too. Because of the current heightened market volatility we are offering a completely free financial review, with no strings attached, to see if our value-oriented approach might benefit your portfolio – with no obligation at all:
Get your Free
financial review
…………
Tim Price is co-manager of the VT Price Value Portfolio and author of ‘Investing through the Looking Glass: a rational guide to irrational financial markets’. You can access a full archive of these weekly investment commentaries here. You can listen to our regular ‘State of the Markets’ podcasts, with Paul Rodriguez of ThinkTrading.com, here. Email us: info@pricevaluepartners.com.
Price Value Partners manage investment portfolios for private clients. We also manage the VT Price Value Portfolio, an unconstrained global fund investing in Benjamin Graham-style value stocks and real assets, and also in systematic trend-following funds.
“The individual comes face-to-face with a conspiracy so monstrous he cannot believe it exists. The American mind has not come to a realisation of the evil which has been introduced into our midst. It rejects even the assumption that human creatures could espouse a philosophy which must ultimately destroy all that is good and decent.”
Get your Free
financial review
‘Their’ control of the mainstream media narrative would appear to be fragmenting. The defenestration of the BBC’s director-general Tim Davie and head of news Deborah Turness in the aftermath of clearly doctored editing of a Trump speech from January 2021 aired by the BBC’s investigative programme ‘Panorama’ in October 2024 suggests that ‘their’ domination of the prevailing news agenda is now somewhat less than absolute. The recent ethnic cleansing of the former Prince Andrew from the British royal family is another straw in the wind promising change for the better, as is the fact that no heads of state from either the US, China or India could be bothered even to attend the COP 30 climate change conference. The economic and cultural pendulum would seem to be slowly swinging back from centrally planned Marxist insanity towards basic common sense.
Who precisely are ‘they’ ? The following chart is courtesy of Iain Davis who asks, ‘What is the global public-private partnership (G3P) ?’
Source: https://iaindavis.com/what-is-the-global-public-private-partnership/.
Davis answers:
“ [G3P] is a worldwide network of stakeholder capitalists and their partners. This collective of stakeholders (the capitalists and their partners) comprises global corporations (including central banks), philanthropic foundations (multi-billionaire philanthropists), policy think tanks, governments (and their agencies), non-governmental organisations, selected academic and scientific institutions, global charities, labour unions and other chosen “thought leaders..”
“We are simply expected to accept, without question, that global corporations are committed to putting humanitarian and environmental causes before profit. Supposedly, a G3P-led system of global governance is somehow beneficial for us.
“Believing this requires a considerable degree of naïveté. Many of the G3P’s stakeholder corporations have been convicted, or publicly held accountable, for the crimes they have committed. These include war crimes. The apparently passive agreement of the political class that these “partners” should effectively set global policy, regulations and spending priorities seems like infantile credulity.
“This naïveté is, in itself, a charade. As many academics, economists, historians and researchers have pointed out, corporate influence, even dominance of the political system, had been increasing for generations. Elected politicians have long been the junior partners in this arrangement.”
The political nature of ‘them’ can be assumed by cursory identification of the characteristics of some of their higher profile spokespeople. Such as António Guterres, the Secretary-General of the United Nations and former leader of the parliamentary bench of the Portuguese Socialist Party. Or Tedros Adhanom Ghebreyesus, the director-general of the World Health Organisation and former Marxist terrorist. On this point, we owe a debt of gratitude to the economist Sean Corrigan who first introduced us to the concept of the ‘long march through the institutions’, an idea from the Italian Marxist philosopher Antonio Gramsci positing how a counter-hegemony or new political culture could be created by progressively taking control of the key institutions of civil society, such as the media, schools, and churches, rather than relying solely on violent revolution or state power. Judging by the events of the last five years, Gramsci’s ‘long march’ had come perilously close to reaching its final destination.
Another author who has identified ‘them’ is David A. Hughes, who has coined the term ‘Omniwar’ to describe their modus operandi, and whose ‘“Covid-19”, Psychological Operations and the War for Technocracy’ can be downloaded for free here.
Hughes introduces his book as follows:
“An undeclared global class war was initiated in 2020, whose aim is the controlled demolition of liberal democracy and the institution of global technocracy—a novel, biodigital form of totalitarianism that threatens to lead to the irreversible enslavement of humanity. World War III looks nothing like its two predecessors and is waged by the transnational deep state against populations using the novel methods of Omniwar, i.e. war waged in every domain, but clandestinely, so that the public does not recognise it as such. The opening campaign of World War III involved the largest psychological warfare operation in history, which I call the “‘Covid-19’ operation.” This was intended to demoralise, disorientate, and debilitate the public, thus weakening its resistance to the intended transition to technocracy. Historically, psychological warfare has served as the prelude to physical war, raising the alarm concerning what is to come.”
What do ‘they’ want ? Actuary and private equity manager Nick Hudson (our interview with Nick here) examines their agenda in the following post on X from June 2025:
“The State of the World
“Distortion of reality by tightly controlled media and highly censored social media, and by actor-politicians has became so intense that many have disconnected from reality on many dimensions.
“Democracy has long been dysfunctional, with manipulation of electoral results and control of candidates for election making a mockery of democratic processes, and the roles of unelected officials coming to dominate those of the elected ones.
“In this environment, vast and completely fabricated narratives have been successfully launched upon unsuspecting populations:
“1. With respect to covid, there was no pandemic.
“2. With respect to climate change, the carbon dioxide output of humans is irrelevant.
“3. With respect to central banking, your money is being stolen by currency debasement.
“4. With respect to immigration, the flood of “refugees” is really a planned importation of people chosen to extinguish local culture and mores.
“5. With respect to all publicised wars, the causes and motives are misrepresented, and the interests they serve obscured.
“6. With respect to trans rights, trans people have degenerate cognition, not legitimate knowledge of what it is like to be the other gender.
“It does not matter whether this situation reflects planning on the part of a shadowy elite, or is emergent from the decline of your civilization. No matter whom you vote for, or what gloss your preferred candidate puts on these issues, nothing will change until you and enough of the people around you wake up to reality, and launch a campaign of consistent non-compliance with the antihuman trajectory that manipulative elites have set us upon.
“It does not matter whether you label the centralizing ambitions of those elites as socialism, communism, technocracy, globalism or fascism. The important thing about centralisation is that it absolutely requires censorship and comprehensive obliteration of rights and freedoms to persist, and that it is wholly incompatible with the flourishing of human beings.”
The Augean Stables must be cleansed. If the task at hand seems daunting, one recalls the inspiring words given by Winston Churchill to the pupils of his alma mater, Harrow School, in October 1941, a period during the war in which Allied victory was by no means certain:
“You cannot tell from appearances how things will go. Sometimes imagination makes things out far worse than they are; yet without imagination not much can be done. Those people who are imaginative see many more dangers than perhaps exist; certainly many more than will happen; but then they must also pray to be given that extra courage to carry this far-reaching imagination. But for everyone, surely, what we have gone through in this period – I am addressing myself to the School – surely from this period of ten months this is the lesson: never give in, never give in, never, never, never-in nothing, great or small, large or petty – never give in except to convictions of honour and good sense. Never yield to force; never yield to the apparently overwhelming might of the enemy. We stood all alone a year ago, and to many countries it seemed that our account was closed, we were finished. All this tradition of ours, our songs, our School history, this part of the history of this country, were gone and finished and liquidated.
“Very different is the mood today. Britain, other nations thought, had drawn a sponge across her slate. But instead our country stood in the gap. There was no flinching and no thought of giving in; and by what seemed almost a miracle to those outside these Islands, though we ourselves never doubted it, we now find ourselves in a position where I say that we can be sure that we have only to persevere to conquer.
“You sang here a verse of a School Song: you sang that extra verse written in my honour, which I was very greatly complimented by and which you have repeated today. But there is one word in it I want to alter – I wanted to do so last year, but I did not venture to. It is the line: “Not less we praise in darker days.”
“I have obtained the Head Master’s permission to alter darker to sterner. “Not less we praise in sterner days.”
“Do not let us speak of darker days: let us speak rather of sterner days. These are not dark days; these are great days – the greatest days our country has ever lived; and we must all thank God that we have been allowed, each of us according to our stations, to play a part in making these days memorable in the history of our race.”
………….
As you may know, we also manage bespoke investment portfolios for private clients internationally. We would be delighted to help you too. Because of the current heightened market volatility we are offering a completely free financial review, with no strings attached, to see if our value-oriented approach might benefit your portfolio – with no obligation at all:
Get your Free
financial review
…………
Tim Price is co-manager of the VT Price Value Portfolio and author of ‘Investing through the Looking Glass: a rational guide to irrational financial markets’. You can access a full archive of these weekly investment commentaries here. You can listen to our regular ‘State of the Markets’ podcasts, with Paul Rodriguez of ThinkTrading.com, here. Email us: info@pricevaluepartners.com.
Price Value Partners manage investment portfolios for private clients. We also manage the VT Price Value Portfolio, an unconstrained global fund investing in Benjamin Graham-style value stocks and real assets, and also in systematic trend-following funds.
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