One of the most important essays I have read in my life was posted on a blog earlier this year. The essay is entitled “Crash Positions” it was written by a whistleblower who is writing under the pen name Capitalist Eric. It’s a reference to the posture you take when you’re on an airliner or a train and the crew is preparing the passengers for impact. Eric takes care in using a paragraph to explain a bit of his life’s journey and uses Pascal’s wager to explain to his reader that he has nothing to gain and nothing to lose by writing the terms outlined in his essay. He just knows things, and is genuinely concerned. He cares about people around him. I am currently finding myself in his shoes…

 

Permit me, to do the same, I invite anyone reading to pause, and consult my opening essay I called “Introductions” I made back in May on this SubStack, or check out the “about” section of this SubStack.

 

I am no one special. I’m just a kid who grew up in a rather special upbringing, quite different really… I was an only child, both my parents were blue collar. My mother owned a hair salon, and I spent 90% of my Saturdays with my dad. Being an only child; where ever they went, I went… It would setup an interesting life journey…

 

Dad ended up being a millwright. But, before lacing up steel toes, he was a butcher. He also worked his way up into management in grocery stores at a very young age. He was mentored by several different grocery store owners who were extremely smart and shrewd business minds. They taught dad a great deal about banking, business, finance, stock markets, investing and socio-economics. Dad although never going to university became extremely savvy around the business world.

 

Our Saturdays consisted of a routine. We’d go to the farmer’s market to get a sausage on a bun, with mustard, and … sauerkraut … Cause you know the old spooky vendor guy insisted that it would put hair on my chest. Then we’d go visit grocery store owners dad used to work for a few hours, then we’d go home and listen to the Irish Hit Parade on a Boston radio station via a side band on an old 8 foot satellite dish… But, while lost in the haze of smoke for those few hours a week on Saturday morning while the boys “talked shop” I was playing with toys, but my sub-conscious was listening. To everything.

 

Normal kids were out in the streets, I was listening to white haired dudes talking about how monsoons going through India were going to affect the price of rice on their store shelves in a few months.

 

Kids my age were obsessed with Mouse Trap. I was obsessed with Monopoly, Stock Ticker, and obscure financial board games like Investor or Decisions…

 

Kids my age got lost in the Ninja Turtle frenzy, I split my time between twirling nun chucks and trying to beat the next level on an crazy Japanese lunar space war game called Military Madness with one of the world’s best designed AIs in gaming history.

 

Fast Forward to my early adult hood. Couple my childhood with formal university level Sociology classes I picked up during a few years of Police Sciences (Criminal Justice) training; and, you end up with: me. I am not God’s gift to human economics. I’m not a genius like Micheal Burry. I’m not a money whisperer, I’m not a saint, or prophet, or mystic. But I do feel I’ve been given enough wisdom by God, to weigh-in on socio-economic information, data, and intel. To then draw out sound and rational predictions based on what I was presented.

 

My reasoning is one that looks out for patterns and associations. I’ve always liked to connect dots when sifting through headlines, reports, charts, and the like. I was missing out on an important intellectual ingredient most of my life, that I recently learned from a prominent Belgian theologian Arnaud Dumouche. It is inherent that you test your hypothesis and reasoning constantly against reality. If you do not, you end up chasing your tail like a dog on a merry-go-round called ideology. Thanks Arnaud!

 

So then, why the buildup? Why such a long lead in to the paragraphs you are about to read? Because I need you to understand, I have no agenda. I have no, as my dad puts it, “axe” to grind. I am not politically motivated. I am not financially motivated. I am not selling anything. I do not work in hedge funds or corporate firms. I have no affiliations to any institution, organization, or enterprise. I have no authority to tell you what to do, or think. I am about to draw some dots, and connect them, and I am going to let YOU, decide if we can agree that it looks like an unsteady Jenga tower.

 

 

In late March this year, the kremlin pegged the Russian currency to gold bullion. It’s not be confused with a banking standard. In a banking gold-standard, banks need to present gold assets 1:1 as a substitute for a note or certificate in circulation. By “pegging” it just means that the ruble is directly linked to the value of gold. In other words foreign countries and businesses can pay the Russian government in gold bullion for exported goods and services.

 

James G. Rickards, who is a university level professor, who trains U.S. Military officers on the topic of economic warfare, summed it up in an interview he did with Gregg Hunter on April 30 2022.

 

It’s like a triangle you have to picture in your mind. The top of the triangle is the value of gold. The left side of the triangle is the US Dollar. The right side of the triangle is the Russian ruble. The top tip of the triangle travels left or right as the value of gold goes up or down. If it goes up, it eases pressure on the ruble and it sky rockets; while putting pressure on the US Dollar and collapsing it. Vice-Versa, if the value of gold goes down.

 

So, this needs to be regarded for what it is, an act of economic warfare. This is a direct assault on global US Dollar hegemony. I am not demonizing the kremlin. I DO NOT care about the previous political hubris leading Putin to this decision. I am only interested in monetary facts.

 

 

For those who still don’t understand that all money in circulation in the world right now, as you read this, is all debt based. Then you desperately need to watch a 1996 documentary series called The Money Masters by Bill Still and Patrick SJ Carmack. If everyone on the planet all stopped and combined it’s SWEAT equity to the tune of 30-40 years of our future labor, only then could we actually pay back what we owe the global banking system. What you need to know right now: If it’s not something you have bought and have in your possession, in your hand or in a backpack. In a purely economic sense, IT DOES NOT EXIST. IT IS DEBT. Your mortgage, Your 401K, Your car (if it has a lean or loan), Life Insurance plan, Bonds, Stock Portfolio, Crypto Currency, etc etc etc… all of it: DEBT.

 

Here is the stark reality. Earlier this year (Sometime in March) foreign countries have started to – at first gradually – but recently accelerating, a process of dumping US Treasury Bond holdings. What does this mean?

 

Post 1913, For a US Dollar to be created, somebody needs to OWN (BUY) the debt of its value. In other words it represents nothing tangible with the exception of someone promising to pay it back. It does not represent a gram of gold, carrots, onions, or potatoes. It represents NOTHING REAL.

 

It only represents someone’s promise to pay it back someday. Ok, How do they make this promise? By buying the Treasury bonds of the country that just issued the currency, I say this because this method does not only apply to the US dollar, this is how it works globally.

 

In the world that we live in right now, The US Dollar has had uncontested global hegemony for decades. In plain English: US Bucks are accepted everywhere! In order for US dollars to keep being created, and the economy to keep chugging along people all over the world need to buy US treasury bonds.

 

I challenge you, the reader to conduct your own web search on any search engine of your choice. Input anything that goes like this: US Bonds sell-off 2022. Foreign US Bond sales 2022. etc…

 

OK? Nobody wants to own US debt at the moment. It is a Fire Sale. No sign of stopping.

 

What does this mean? If nobody wants to own the debt, you can’t create new currency. If you can’t create new currency, what then happens to the existing currency? Picture an elastic band retracting. The existing money supply will be forced to contract painfully and rapidly.

 

Imagine a house you buy for 500 000$ “On paper” – that is to say credit – mortgaged at 2-3% interest for 25 years right now in November 2022. Now imagine having to sell the same home for 50 000$; to a would be home buyer that has to refinance the mortgage at 29-30% interest for 25 years in 2023-24. Imagine you had to do this, just so you can raise money to buy food which is something REAL, that you NEED to SURVIVE. That’s the reality of a rapid economic contraction.

 

So, for those still keeping track of my thesis, this is a second act of war against the US Dollar hegemony since the start of 2022.

 

 

Ok, In plain English, when nations trade with each other. That is to say when we see a headline that reads something like: “Chinese government buys 40 Million tons of export Indian Rice in exchange for 50B$.” For quite a number of years this transaction would have followed a series of protocols and had been executed by a system in place known as the swift system. (Society for Worldwide Interbank Financial Telecommunication). People reading would understand China just bought a whole lot of rice from India and they paid for it in … you betcha uncle sam, US Buckaroos. The transaction goes into the computer program and the deal is complete.

 

But oh-oh. Houston we have a problem. What did the western world do when Russia decided to take military action against Ukraine? Well wouldn’t ya know it. We kicked them out of the SWIFT system. No Russian rubles, No Russian gas, No Russian toilet paper, No Russian salad dressing. RUSSIA: CANCELLED.

 

Okay, go ahead, put yourself in President Putin’s shoes. Your the commander in chief of one of the super powers of the world, and you’ve just been dealt a blow?… NO, Putin seen it all coming. BRICS is an acronym which stands for Brazil, Russia, India, China, and South Africa. These nations have been conglomerating together and pooling their resources together literally, since 2013. There is political motivations behind the BRICS agenda, but frankly, I DO NOT care. I am following the money here.

 

Knowing full well he has good friends with common interests, in response to the SWIFT exclusion, Putin turns to all of Europe and says: Fine, You want my Natural Gas to generate electricity? PAY ME IN RUBLES OR GOLD. Period the end.

 

Since good ole American buckaroos is a standard method of payment accepted all over Europe right beside the Euro, this is yet again another attack against the global US Dollar hegemony.

 

Jenga

 

Imagine now dollars as bullets. Consider all the events we have seen this year on Main Stream media. None of it is real. None of this has anything to do with Russian “Cultural” Ukranian territory being attacked. It has nothing to do with a total puppet Ukrainian government under the control of nazi idealist criminal cartels. This war is ALL ABOUT MONEY. It may have finally took on a physical form in February 2022, but it’s a storm that has been brewing for years. Now, connect the dots for yourself. Tell me exactly how the nations of the world are not currently a teetering Jenga tower ready to topple?

 

DOOD? IS THERE ANY HOPE?

 

YES! Indeed! I have read many essays like this throughout 2022. All of which are doom and gloom. Reading them could lead one to massive panic and depression. But I am here to tell you two things. If you want to make the world a better place? Look in a mirror there is plenty of room for improvement there – I absolutely am talking to myself in this sentence. Saint Augustine said it best: Oh Lord everything good in me, is due to you. Everything else is my fault. And the world? Can we save the world? No we cannot. But God can do anything. If you followed the instructions in my opening, you may have read that I am a man of Faith. Aye, indeed. We have but one hope left. If we want to save the world we will not do it with dollars, or bullets, or bridges, or fires, or gold, or silver. We will only do it on our knees calling on the the mighty name of Jesus. If we don’t humble ourselves and do this RIGHT NOW! Then we may as well shake the table and watch the Jenga blocks scatter