Forcing Russia into military action in Ukraine has been an unmitigated tactical disaster. The U.S. administration has succeeded in cementing Russia’s previously tentative alliance with China and pushing western European nations more in the direction of Russia.
That colossal miscalculation was then compounded by sanctions that will mostly impact the dwindling ‘International Community’ (read the Anglos) by isolating it from the world economy. Does the U.S. really believe that the Europeans will commit political and cultural suicide by refusing to accept Russian oil and gas? The Europeans are in enough trouble already, without adding to their woes.
The result of this U.S. overreach will be shortages (including food), massively increased prices and the end of 75 years of prosperity built upon the artificial credit that spewed out of hitherto seemingly omnipotent central banks.
The Great Reset, the New World Order, is in motion right now, but its manifestation will be nothing like what our scatterbrain ‘elite’ intended.
All hell is now breaking loose and the best that can be hoped for is that ‘the International Community’ will pull back to begin licking their self-inflicted wounds. The worst that could happen is that they double down and continue to antagonize Russia, or, god help us all, initiate open confrontation. The latter is unlikely as their military hand is so weak, but empires in their last throes have a ‘nothing to lose’ mentality. Look at the beginning of the self-destruction of the British Empire in 1914.
Exter’s Pyramid came up in a long conversation with a prominent economist yesterday. There will be a collapse of wealth down the inverted pyramid. At the base of the pyramid is Gold – Gold that has no counter-party risk and thus no risk at all – as long as you can hang onto it.
The value of every ‘asset’ on the inverted pyramid is, ultimately, derived from the Gold that sits underneath it. That value will not disappear, it will simply collapse back into the Gold. There it will remain patiently waiting for the world economy to begin humming again. Hopefully, that will not take generations.
The Anglo world? It’s time to move – if you can.