
Dominant Social Theme: These things happen. No reason. Depressions spontaneously occur. They are "market mistakes."
Free-Market Analysis: We've spent considerable time in the past three years (the past decade, actually), analyzing how the powers-that-be have reorganized society, especially American society, in a way that relentlessly reduces prosperity. Figures released yesterday from the US Census provide a startling illustration of just how effective elites have been. (See excerpt above.)
Why would a handful of wealthy central banking families want to impoverish the US and render its citizens penniless? Our conclusion is simple: World government is on the way and the American culture is still resistant to the kind of hyper-regulatory corporatism that is necessary to support this kind of governance.
America (the West, generally) has apparently been under attack by an organized cabal of inter-generational banking families and corporate, business and military enablers for at least 200 years now, and perhaps 300 years. In the past 50 years, the pace has accelerated.
One by one, the UN, IMF, World Bank, BIS, ICC (international court), WHO and countless other globalist organizations have been put in place. The mainstream media treats this evolution as inevitable. It cannot be. Each evolution must be planned, funded and promoted. When it comes to politics of this sort, there are no coincidences, as FDR once observed.
We have taken to calling what has evolved "directed history" – in which events including wars are planned to ensure maximum destruction of the culture as it is in order to further militarize, globalize (and impoverish) what remains.
Because America was a "great exception" – founded as a republic with a culture that was relentlessly entrepreneurial and agricultural – America has been under sustained attack to ensure that its culture is Europeanized and recreated as what we call "regulatory democracy."
Regulatory democracy is one word for what has evolved. Corporatism is another. Fascism (of a sort) would be a third. No matter what word is used, the current Western model for nation states relies heavily on unelected bureaucrats, intelligence agencies and a military industrial complex that basically reports to the aforementioned elites and is not affected by voting or other democratic elements.
The modern nation state is funded by central banks, also seemingly controlled by these elite families, and the ultimate goal is formal global governance. Some question why a formal international government is necessary. The answer is that the elites like to work within a "lawful" environment of their own creation. The more that reality corresponds to their notions and plans, the easier it is to continually consolidate power.
Nothing else – no other sociopolitical model – seems to explain what has happened to America and Europe. The EU is a disaster and the euro has proven to be a currency that has brought ruin on the Southern crescent of that artificial entity. The one-size-fits all central banking policies of the union continue to collapse jobs and economies – something we've been forecasting for several years now.
European elites are on record as anticipating the disaster and welcoming it because it will allow for the creation a closer "political union." But in the Internet era, people are not so easily manipulated as they were in the 20th Century. The pushback to elite plans is extreme. The fate of the EU is by no means pre-determined. Events could easily spin out of control.
In the US, the great merger between Canada, Mexico and America has been all-but-abandoned – for the time being. However, one of the primary figures behind that putative merger is Texas governor Rick Perry who spent much time and political energy in the early 2000s trying create a "North American Union." In our view it is no accident that he is a front-runner for the presidency at this juncture.