LUONGO IS A MUST READ And THE VIDEO EMBEDDED IN THE ARTICLE IS BEYOND CAPTIVATING…OVER 1 HOUR …BUT I BET YOU WILL NOT BE ABLE TO DISCARD IT AFTER THE FIRST 10 MINUTES…THE GUY IS BEYOND BRILLIANT<\/p>\n
Thanks Eddie<\/p>\n
Then it was the US Commercial Banks\u2019 turn led by the Federal Reserve, beginning with the introduction of SOFR \u2014 Secured Overnight Funding Rate \u2014 in 2017 and the appointment of Jerome Powell as FOMC Chair by populist president Donald Trump.<\/p>\n
Today we are watching the Fed run the global economy into an iceberg long thought that we could avoid. We can\u2019t. We have to hit it and take our lumps. This is what will set the stage for a reversal of The World Davos Built, which is the legacy this generation must leave the next or humanity enters a multi-century dark age of technocratic control or worse, complete societal collapse.<\/p>\n
So, look around you. Russia is winning in Ukraine. The Global South refused to be intimidated and stood by Putin. Sanctions are destroying the EU. The US dollar is still king (for now) and gutting Davos\u2019 power base, the European Union and the European banking system.<\/p>\n
The Fed is gleefully raising rates to destroy the Biden Administration and set the US on a more sustainable and humbler fiscal path, the one thing the world desperately wants to see. Draghi is out in Italy, Eastern Europe is falling while Viktor Orban rises in Hungary. The BRICS are expanding and NATO is fracturing.<\/p>\n
Let\u2019s make 2022 a year that Davos Lost.<\/p>\n
https:\/\/tomluongo.me\/2022\/07\/15\/media-fed-world-have-declared-independence\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" LUONGO IS A MUST READ And THE VIDEO EMBEDDED IN THE ARTICLE IS BEYOND CAPTIVATING…OVER 1 HOUR …BUT I BET YOU WILL NOT BE ABLE TO DISCARD IT AFTER THE FIRST 10 MINUTES…THE GUY IS BEYOND BRILLIANT Thanks Eddie Then … Continue reading