“This is a time for truth. There is no time to waste."
“The rebooted Red Dawn lacks the original’s topicality, but at least pays tribute in delivering the same short shrift to character development and general logic.”
John Milius’ 1984 film ‘Red Dawn’ begins, memorably, with a Colorado high school class interrupted by the landing of Soviet paratroopers onto the playing fields outside. Mr. Teasdale, the history teacher, goes out to investigate – and is bloodily machine gunned to death. The visitors have evidently not come in peace. The invasion, a preamble makes clear, is pre-empted by the failure of the Soviet wheat harvest, food riots in Poland, and the dissolution of NATO.
John Milius’ film was roughly forty years too soon, and it chose the wrong adversaries. World War III, which arguably began with the emergence of an apparently novel Coronavirus in Wuhan, China, would appear to be between the (Chinese) Communist Party – and everybody else. So far, not a shot has been fired in anger. If we even are at war, not many seem to know about it. The socialist activist Rudi Dutschke coined the phrase ‘the long march through the institutions’ (‘der lange Marsch durch die Institutionen’) to describe the slow infiltration of the capitalist and professional administration by socialist subversives. Judging by its successes of the last few years, the long march has finally reached its objective. Consider, for example, the United Nations’ Sustainable Development Goals announced in 2015. As Jeffrey Smith and Alex Gladstein of Quartz point out,
“There is one glaring problem: the SDGs are pushing an agenda carefully calibrated to avoid upsetting the world’s dictators, kleptocrats, and this century’s worst human rights offenders. Search the 17 SDGs and you will fail to find a single mention of the word “democracy.” Out of thousands of words of text, “human rights” is mentioned merely once (and not as its own category, but as a secondary bullet point).
“Critically important terms like “anti-corruption,” “civil liberties,” “free expression,” “press freedom,” “independent judiciary,” “separation of powers,” “free and fair elections,” and “civil society” are also absent. In other words, the basic freedoms that underpin and advance human development are missing from the SDG equation.
“Despite their feel-good vibe the SDGs are, in many ways, an authoritarian project, assisting a status quo in which 93 countries, and an estimated four billion people, are ruled by authoritarian regimes, according to Human Rights Foundation. And despite the perceived success of the SDGs, there has been twelve consecutive years of decline in global freedom, according to a recent report by Freedom House..”
Or consider anything the World Economic Forum has ever said, about anything. Consider the phrase “You’ll own nothing, and you’ll be happy”, coined by the Danish politician Ida Auken in a 2016 essay for the WEF.
Or consider the mysterious coincidence of the Johns Hopkins Center for Health Security holding a tabletop exercise, Event 201, in partnership with the World Economic Forum and the Bill and Melinda Gates Foundation on October 18, 2019 preparing for a high level pandemic – just a matter of months before the arrival of a high level ‘pandemic’ (at least by the WHO’s own definition of the term).
Nothing that has happened since 2020 has happened by accident. Multiple countries (apart from Sweden, that is) did not stumble by accident, in ‘lockstep’ one might say, upon the counter-Covid policy of lockdown – the most damaging economic disaster ever inflicted by western governments on their own populations during peacetime. Multiple pharmaceutical companies did not suddenly create ‘vaccines’ (that neither prevent infection nor transmission) out of thin air at ‘warp speed’. As Dr. David Martin makes clear, Coronavirus as a model for a pathogen was isolated as far back as 1965. If you are curious as to why so many players in the mainstream media seem strangely incurious about the origins of SARS-CoV2 or the efficacy of the ‘vaccines’, you may wish to see how many of those players receive funding or advertising revenue from either the Bill and Melinda Gates Foundation, or Big Pharma.
Whatever else is going on, one thing is abundantly clear. The primacy of the petrodollar on the global currency stage is waning. The economies of the West are drowning in debt. Some form of monetary reset now seems inevitable. Enter Covid. Perhaps we will soon see in its wake the introduction of CBDC (central bank digital currency), allied with UBI (universal basic income) ?
The Brownstone Institute:
“The crisis of our times has deep roots but came to a head with the appalling decision in March 2020 to forcibly shut down life itself in the name of virus control. It’s a wonder anyone believed this would work. Elites deployed one nostrum after another – shutdowns, travel restrictions, church and school closures, restrictions on gatherings, oceans of sanitizer, Plexiglas and officious signage, and finally untested shot mandates – to control the microbial kingdom.
“They failed but they are still in power and not admitting error. Many of the original lockdowners are retired, fired, or otherwise out of public life. But they are replaced by their students, colleagues, and networked cronies. This is true in politics, media, tech, and the Deep State.
“The goals are simple. Keep the cover-up going for as long as possible. Deny the obvious. Smear the truth tellers. Censor dissidents.
“This is the core reason for the perpetration of multiple crises in every aspect of public and private life. It has hit literacy, health, economic well-being, investor confidence, psychology, demographics, and of course politics and trust generally. None of us wanted to live in such times but it is undeniable that they are here. Tracing cause and effect is imperative and so is assigning blame. It’s the only way out.
“It is tragically true that most official institutions went along with the destruction. That’s especially true of the world of ideas, which bore a dreadful blow from the combination of career-minded cowardice and censorship. That was followed by a purge of the non-compliant that was only superficially related to vaccine mandates. The real purpose was to seek and destroy those who would not go along to get along..
“Covid was of course the original driving impetus but a government and its connected interests became intoxicated with power, using the confidence they gained in lockdowns for other nefarious acts. As a result, we quickly moved to the broader crisis over civil liberties, censorship, digital invasiveness, and the unleashing of the administrative powers of the state. Daily, the ruling class is drumming up new excuses to retain the power they gained and expand it.
“Behind the entire mess is an epic debate about the initial pandemic response. As you know, they are sticking by their story regardless of the evidence. Not even hard proof of deception and deceit makes the news, much less rocks the establishment. That is left to dissidents like us to get the word out.
“There can be no real healing from this episode without truth. Our wonderful team of writers and researchers agree and work toward finding it daily, with every confidence that it is out there and with every determination to reveal it in ways that can be understood. As a publishing outlet and a source of support for thinking differently, Brownstone does stand out.
“This is a time for truth. There is no time to waste. This might be our only choice. It’s not maudlin or exaggerated to say that civilization is at stake. This generation faces a real choice between freedom and barbarism with a digital face. We need to choose wisely and with courage in the face of evil.”
Probably not by accident, those last words chime with the motto of the great Austrian economist Ludwig von Mises: “Tu ne cede malis sed contra audentior ito” – “Do not give in to evil, but proceed ever more boldly against it.”
Mises was a fierce advocate for sound money, as are we. If we are all to extract ourselves from this appalling economic and social mess, it will almost certainly be the reintroduction of sound money that helps us do so. John Maynard Keynes:
“Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth.
“Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become “profiteers,” who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.
“Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”
Or, as Lawrence Lepard puts it: fix the money, fix the world.
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:
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: email@example.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.
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