MY FAVORITE EXPERT on THE FINANCIAL SITUATION, GREG MANNARINO. SO MUCH IS HAPPENING. WHAT IS MOST LIKELY? AND WHEN?
I have been hearing so much about an imminent financial meltdown. In fact, I have been hearing about this for more than 2 years, but had a new jolt about it a couple of months ago - an interview that brought it to the forefront again and got me to see it as likely VERY IMMINENT, likely just a couple of months away. Then just a couple of weeks ago I met someone who has been hearing about it for 25 years. A couple of days ago, there was a huge money influx into the world economic system, changing the situation, likely postponing the meltdown for perhaps a couple of years.
I am an almost lifelong know-nothing about “economics” - the way the world works economically - the many financially-engineered events that make up huge chunks of “history," including both World Wars. The past few years have made me much more aware. It’s been a bit like Alice in Wonderland landing in a strange world, in this case, a world of psychopaths controlling many of the major occurrences in what I have known as “the world.” I think of Catherine Austin Fitts, James Corbett, Matt Ehret, David Martin, Jeremy Nell.
How to get the best possible sense of what is going on, including when the meltdown is most likely to happen?
A couple of years ago, someone suggested: listen to Greg Mannarino. So I began to do that. He is someone who cares passionately to both understand and to reach us, inform us, his tribe of “lions.” Sometimes I have just glanced at his headlines for a couple of months - I am not on the day-to-day stock market roller coaster.
Recently, with the barrage of warnings about THE IMMINENT BIGGEST MELTDOWN EVER, which will make 1929 look like a foothill of Mount Everest, I’ve looked at his updates again. A relief. Because I have a sense of his having a grasp of THE BIG PICTURE, the day-to-day probabilities, and the most likely close future.
Here is a very recent update, and below that, a link to his Substack.
I was grateful that someone suggested I look at Greg’s ongoing updates, based on in-depth knowledge of the workings of the system and of his being right in it.
You may already know of him. You may have your own favorite source.
Or maybe you will, like me, appreciate knowing of Greg and his work.
Posted Sept 20, 2024
Will you support a full objective evaluation of the “money system” from a strict system dynamics perspective?
Please take this into consideration:
1) The money system is a mere component of the economy whose dynamic status can be determined to be either stable (passive or active), unstable (active).
2) Being a purely human construct “money" requires a formal objectively evaluable ontological definition. Yet there is no consensus on what money is.
3) “Money" has been iterated ad hoc over informally assumed notions of it, taken by rote in spite of being ontologically undecidable.
4) How, in the event of constituting an unstable component of the economy, the "money system" produces economic imperatives that destabilise economic components that assume them as requirements.
5) Financial/economic units ($, €, etc..) also lack any formal (decidable) definitions rendering indeterminate any calculations in terms of these units vis-à-vis the “real” economy.
I think such an inquiry is long overdue as it seems evident that money imperatives seem to override most if not all other concerns; and not having independent existence of humans, “money" needs to be fully defined and specified like any other technological device applied to the real world.
Unfortunately, because everyone's survival and hope for individual prosperity as members of society are intertwined with money, when it comes to evaluating it as a mere technology all reason seems to be abandoned by most. Hopefully this will not prove to be the case with your organisation.
You Have Been Served
https://bibocurrency.com/index.php/downloads-2/19-english-root/learn/300-you-have-been-served
Marc Gauvin and all the international members/MSTA
I'm not in those markets ... but I kind of like the guy. Rereshing honesty about what's going on.