Economic Doom Due to the Covid Response Is on the Horizon and Beyond
Gary D. Barnett
“Only a psychopath would ever think of doing these things, only a psychopath would dream of abusing other people in such a way, only a psychopath would treat people as less than human just for money. The shocking truth is, even though they now have most if not all of the money, they want still more, they want all of the money that you have left in your pockets, they want it all because they have no empathy with other people, with other creatures, they have no feeling for the world which they exploit, they have no love or sense of being or belonging for their souls are dead, dead to all things but greed and a desire to rule over others.” - Arun D. Ellis, Corpalism
Covid-19 as it is called, was invented for many reasons, none of which are more evident than as cover for the coming economic collapse. Long before the fake pandemic, that collapse was already imminent, but now it can take place in plain sight, as the eyes of the masses will remain blind to the truth. The planned global reset is in the works, and in order to accomplish such a task as this, the current economic system will have to be eliminated in favor of a digitized system designed for total control over the current monetary order and the people themselves. This dystopian nightmare is well underway, but the American people are not prepared for the destruction of the economy at every level from money to food. What is coming is an economic nightmare.
Forgetting for a moment all that is to come this fall and spring, and after, just try concentrating on how devastating this government response to this manufactured pandemic has been to date. That alone should send chills up the spine of any paying attention to what is happening and will happen to this economy. There is no need to go into the vast complexities of economic theory to see the imminent risk we face. Just six months ago, lockdowns and isolation began in earnest. Initially, what were falsely called “non-essential’ businesses were shut down, and all employees were sent home and told that they could not work to sustain themselves. This was a large swath of the American workforce, and as private businesses, mostly small and medium sized businesses were forcibly closed due to orders from a handful of politicians, people began to suffer. In response, the Trump administration decided to give everyone a one-time ‘free’ check and a period of extra unemployment pay, which should have been an insult to any able to think and function normally. Sadly, it was accepted by most, and thought of as some sort of benevolent gesture by government, when in essence, it was money stolen from the people, and then a small portion given back to them to appease their discontent.
It is telling to understand that many large businesses were left alone, including places of large gatherings of people like WalMart, Home Depot, large grocery stores, government related businesses, and many others, while normal people were greatly harmed. Most of the large businesses that were shut down were on the receiving end of much largesse coming from the bailout money said to be for the people. That of course was a pack of lies, as most all the billions of dollars slated for false restitution for the herd was given to those controlling and in bed with government. This of course was a massive wealth transfer planned long before the actual staged ‘virus’ pandemic.
With these draconian policies firmly in place, mass unemployment ensued, and huge numbers of businesses closed, many for good. Many more will be forced into bankruptcy in the near term; especially once more lockdowns become evident over the next few months. Americans had been carefully guided and long-groomed into a mindset of consumption instead of saving, this due in large part to brainwashing, but more due to a decade long period of zero interest rates meant to stoke credit and debt at the expense of saving for the future. With 70% of Americans not having enough money to even last a month without a paycheck, one can only imagine the great harm that has and will continue to decimate the general population. Now, with up to 60 million people out of work, what is on the horizon are poverty, starvation, and total dependence on the state, which will only increase the state’s power and control over the people.
The long-term effects of this government response will continue to worsen the situation, causing even more unemployment, but also will lead to massive psychological problems and record sickness and suicide. This is already evident, and in my opinion, this nightmare is just beginning.
Money printing by the Federal Reserve is completely insane, and is being done purposely to extend all wealth transfers to the top 1%, while destroying the lives of the rest of society. This can only lead to financial disaster for all except the top tier of controlling ‘elites,’ and their political pawns that continue to force policy as the real masterminds of this takeover and global reset have instructed them to do. This is a travesty.
There is another aspect of this tragedy that is not understood by the masses. There have been many reports lately concerning the fact that the U.S. government now owns 1/3 of all U.S. mortgages. While this is ridiculously troubling, it is a deception. That statistic by omission hides much of what is actually going on with the mortgage market. What this is describing is that government owns 1/3 of the mortgage bonds, but these are mortgages that have been packaged by Wall Street and sold as high-grade investments due to the government backing of most all mortgages. Government backed mortgages are one thing, but in realty, the government agencies like Fannie Mae, Freddy Mac, and Ginnie Mae buy almost every residential mortgage in the country immediately, so these bonds now being purchased by the government are in essence already government owned, and are merely repurchased in another form that is packaged by the investment banking system. This takes all the risk away from the banks, and places it squarely on the shoulders of the people. So the government is buying mortgage bonds that are already owned by government. Of course that means that the taxpayers are on the hook for almost all residential mortgages, and by government’s destruction of the economy during this response and reset due to a fake virus, every default of a mortgage will be the responsibility of the American taxpayer. What a coup? All of you are paying for all the defaults to come that were purposely caused by this evil response to a so-called flu named Covid-19.
Three years ago, the government held all the credit risk of 60% of all total mortgage loans, and that number has increased dramatically since that time, and this year alone it has increased exponentially. So while the government now owns over 1/3 of all mortgage bonds created and profited on by Wall Street, this does not even touch the surface of the real truth of this criminal fraud. Once again, this simply exposes the gargantuan wealth transfer that is taking place today at the expense of the public. When millions of Americans lose their homes due to this plot, the same people selling the government these bonds will own your house for pennies on the dollar.
The coming financial upheaval and increase of economic tyranny have not yet been mentioned here. Soon, new mandates will surface, more lockdowns will occur, more quarantines and isolation will be enforced, more businesses will be closed and reclosed, and a deadly vaccine will be said to be the answer to your problems. Be careful what you wish for, as what you are wishing for is exactly what you are being trained to do. It is not for the well-being of those in this country, but is meant only to advance the control agendas of the state and the claimed ‘elite’ globalist ruling class. The rioting, looting, property destruction, and criminal assaults will far exceed what has been seen so far, and will be much more widespread, all planned and fully supported by this corrupt and evil government.
The risks to liberty and freedom going forward are extreme. This will not end well, regardless of any pushback at this time, but without mass resistance now, we face a future of living hell.
“Laws are no longer made by a rational process of public discussion; they are made by a process of blackmail and intimidation, and they are executed in the same manner”
~ H.L. Mencken (2012). “Mencken Chrestomathy”, p.260, Vintage
Sources: Here, here, and here.
Gary Barnett is a retired financial advisor and estate planner, and managed money for clients in his business for over thirty years. He also owned two other businesses during his life, and had a wild ride at times.
Gary has been writing about a full range of topics concerning freedom and liberty for many years, and has written for lewrockwell.com, The Future of Freedom Foundation, and several other publications over that time. He considers it a great passion in life to learn and continue to educate himself, and to promote and spread the ideas of liberty to all who are willing to listen. Freedom does not happen due to politics or constitutions, it can only exist in the minds of individuals.
Gary has appeared as a guest on several Internet and national radio shows, including Freedom Watch with Judge Andrew Napolitano, the Brian Wilson Show, Antiwar Radio, the Karen Kwiatkowski Radio Show, Liberty News Radio, and Radio Liberty.
He currently lives in Lewistown, Montana, with his wonderful wife Yoshie and son Leo. He loves the outdoors, cooking and fine food, dogs, beaches, music, fly fishing, and exotic travel. More hobbies anyone?
As far as his philosophy is concerned, he is a peaceful anarchist believing in natural law without restriction by the state. While Gary understands the skepticism of most concerning the implementation of this type of individual political structure, it is the only system where liberty can be fully achieved. Peaceful anarchy is based on individual responsibility, self-reliance, voluntary exchange in free markets, non-aggression, and individual freedom; all necessary to achieve peace and harmony. Collectivism, central government, and war are not, and never will be the answer.
Writing is Gary’s passion, and now that he is retired, he can concentrate on that endeavor full time. Writing from a warm beach would be most preferable, but living in Montana does not allow for that luxury. He can however, put on his shorts and flip flops while sitting in front of his computer during the blizzards and brutal cold of Montana winters, and dream.