The Future is Baltimore: “Out of Control Genocide” By Chris Knight

     This is the future of Western cities, where social decay is leading to social hysteria, and the willingness of people to accept New World Order policing and social control:
http://www.zerohedge.com/news/2017-11-22/out-control-genicide-baltimore-residents-support-martial-law

     It can’t happen in Australia, the land of same sex marriage, one might conjecture? Think again, for the poverty of Baltimore is fast coming to Australia as another brilliant article at the same site explains:
http://www.zerohedge.com/news/2017-11-15/why-australias-economy-house-cards

“As a whole, the Australian economy has grown through a property bubble inflating on top of a mining bubble, built on top of a commodities bubble, driven by a China bubble.  Unfortunately for Australia, that “lucky” free ride is just about to end.
Societe Generale’s China economist Wei Yao said recently, “Chinese banks are looking down the barrel of a staggering $1.7 trillion?—?worth of losses”. Hyaman Capital’s Kyle Bass calls China a “$34 trillion experiment” which is “exploding”, where Chinese bank losses “could exceed 400% of the U.S. banking losses incurred during the subprime crisis”.

A hard landing for China is a catastrophic landing for Australia, with horrific consequences to this country’s delusions of economic grandeur.
Delusions which are all unfolding right now as this quadruple leveraged bubble unwinds. What makes this especially dangerous is that it is unwinding in what increasingly looks like a global recession- perhaps even depression, in an environment where the U.S. Federal Reserve (1.25%), Bank of Canada (1.0%) and Bank of England (0.25%) interest rates are pretty much zero, and the European Central Bank (0.0%), Bank of Japan (-0.10%), and Central Banks of Sweden (-0.50%) and Switzerland (-0.75%) are at zero or negative interest rates.”

     The article is a long one, but it shows in a nutshell, that the economic tide has turned against Australia, even for commodity sales, and we are soon to experience real economic pain, with people losing their jobs and sleeping under bridges, if they are lucky. Then, given the brilliant idea of creating a multiracial, multiethnic/cultural society, we will see Baltimore on every street, given time.

 

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Friday, 18 September 2020
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