Thread by @LibertyBlitz

1/ Thread on my latest post: "Recession. Revolution. Recovery."
There are two major cycles happening and you need to pay close attention to both. There's the revolutionary/populist political cycle and then there's the economic/financial markets cycle. Both are set to collide.

2/ Political types don't pay enough attention to markets and economic cycles and market types dismiss politics as a sideshow. If you can grasp both these cycles, and where we are in them, you'll have a huge advantage.

3/ The revolutionary/populist political cycle really turned in the developed West in 2016 with Brexit and Trump's election later that year. Then we got the huge changing of the guard in Italian politics and now the French are in open rebellion with the Yellow Vests.

4/ The market/economy cycle has been going on artificially for nearly a decade, but seems to be rolling over to me. Whether it's now or in a year, the key is that when the market cycle rolls over and collides with the political cycle you'll see unbelievable fireworks and change.

5/ From what I can tell, nobody wants to actually consider the prospect of a global recession because establishment institutions and the status quo paradigm simply can’t handle one. Which is why it's been like total war for a decade to keep this cycle going.

6/ Watching the late Anthony Bourdain's Pittsburgh episode recently, a line came up that I felt perfectly summed up the feelings of many Trump voters in 2016:

“If the economy’s not gonna work for me, then I don’t want it to work for anybody.”

7/ This is why the Fed can’t do again what it did the last time around. While many Americans were against the bailouts a decade ago, we now have ten years of evidence to examine how it all played out — and the results aren’t pretty.

8/ For example, we have an entire generation of young people saddled with massive piles of student loan debt who can’t buy homes or start families due to financial circumstances.

9/ American life expectancy has been dropping for three years in a row.
smithsonianmag.com/smart-news/us-…

10/ Meanwhile, U.S. birth rates are at a thirty year low.
This is not the picture of a prosperous, healthy, and functioning society.
npr.org/sections/thetw…

11/ When the economic cycle collides with the political cycle everything we know about the world changes. Paradigm shift. No one knows for sure what will occur, but I have some guesses. I laid out five of them in my post.

12/ First, I expect the total death of the current neocon/neoliberal political consensus, both domestically and in the realm of foreign policy. You know the Frankenstein marriage of Bill Kristol and Rachel Maddow.

13/ Second, I think we are at or near Peak Corporatism — Populist politics on both the right and left will unite around the idea that corporations are too powerful and harm competition. They will be taken down a notch.

14/ Third, I expect massive spending when the economy tanks. Populism + recession = massive government spending. Everyone will talk about how we have unlimited funds to bail-out banks and start wars, but no money to actually help people. It'll be impossible to argue agains this.

15/ Fourth, I expect the unipolar geopolitical world order through which the U.S. empire and its military beats all non-client states into submission one way or the other will end. Multi-polar world order to emerge.

16/ Fifth, U.S. dominance of the global financial system and the USD as sole and indispensable global reserve currency will end. We may have a world where different regions/economic zones have different reserve assets. Bitcoin and gold can also serve as private reserve assets.

17/ For more, as well as evidence of why I think the economic cycle may be turning over see my latest post.
libertyblitzkrieg.com/2019/02/07/rec…

18/ If you enjoy the information I share and my work in general, you can support my efforts in a variety of ways:
libertyblitzkrieg.com/support-libert…

19/ Bitcoin donations have been very disappointing lately, understandably, but I'd really appreciate the consideration.

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