By @SMB_AcquisitionAttorney on Twitter
Read the Thread here:
BREAKING: @elonmusk did not "buy Twitter."
Now that we've all sobered up, let's have a frank conversation.
This deal is far from done.
A thread on how this actually works: I was shocked by the reporting of the proposed Elon Musk-Twitter take private yesterday.
Headlines like this we're everywhere:
"Elon Musk BOUGHT Twitter. Here's what he says he'll do next"
Tweets from smart people read like this:
A going private transaction is a long process with many potential pitfalls.
Don't believe me and think it's a slam dunk?
Then why isn't the stock price trading at the $54.20 that Elon is willing to pay?
Richest person acquiring a powerful communication platform
Largest going private in the last two decades ($44 B)
Recent public and regulatory scrutiny of (think: DJT), social media and free speech
Intense scrutiny and social pressure! As a baseline, "going private" is a term that describes a transaction (or series of transactions) where a controlling stockholder or other affiliated person reduces the number of stockholders of a public company.
This allows the company to terminate its public company status. There are many reasons why companies choose to go private.
In this case, the reason is clear, it would give complete control of the company.
It will also likely allow the company to operate more efficiently without concerns for its public stockholders. Yesterday, the board of directors of Twitter voted to unanimously approve the transaction...
"subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions."
Elon Musk to Acquire Twitter/PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon...https://www.prnewswire.com/news-releases/elon-musk-to-acquire-twitter-301532245.html
Stockholder approval -
Wait! But, can't Twitter's board just approve the transaction?
The answer is emphatically "No!"
Twitter's board does not own the company, its stockholders do!
The board has approved the transaction, and agreed to *recommend it* to the stockholders.
Government sign off -
Additionally, the government needs to review the deal.
And the government really seems to love Elon!
Although they are not likely to stop the transaction on antitrust grounds, this means time.
Lots of time (read: several months)
TIME KILLS DEALS!
Legal challenges -
Further, most going private transactions are challenged in court.
The typical claim is that the board of directors breached their fiduciary duties and disclosure obligations.
Given the high profile, expect many claims to be made here.
Competing bids -
In the meantime, every major acquisitive financial institution in the world is currently analyzing to see if a "topping bid" is viable.
Under Delaware law, now that Twitter's board has decided to sell the company, its only duty is to get the HIGHEST PRICE.
Competing bids (cont) -
This means that if Twitter receives a bid that is even a few pennies higher than 's bid, they likely have a duty to accept that offer instead.
We're watching this exact scenario play out with Spirit Airlines right now!
JetBlue makes all-cash offer for Spirit Airlines, complicating planned Frontier tie-upJetBlue's bid comes less than two months after Spirit and Frontier agreed to merge into a discount airline behemoth.https://www.cnbc.com/2022/04/05/spirit-airlines-shares-spike-20percent-on-report-jetblue-has-made-bid-to-buy-airline.html
All in, Twitter expects this process to take at least three to six months.
However, it's quite likely it will take more time than that.
So, sit back, grab some popcorn, and enjoy the show! TLDR:
The stakes in the Elon-Twitter acquisition are massive and the deal is far from done.
Expect drama over the next 3 to 6 months around the following:
• social pressure
• shareholder vote
• regulatory approvals
• government interference
• potential competing bids
P.S., this note is not intended to be commentary on the social, financial or other merits of the transaction.
In my opinion, the pros/cons of this transaction will be determined over time.
This thread is strictly for educational and informational purposes, and not for the purpose of marketing any legal services or seeking legal employment and is not motivated by pecuniary gain, and should not be interpreted as legal or any other form of advice.https://threadreaderapp.com/thread/1518947960297562112.html
Pepe Escobar interviews brilliant Russian economist Sergey Glazyev, who describes how the US and its allies are destroying the dollar-based financial system. Agree or disagree, it’s a great read all the way through and gives the reader an idea of how the entrenched dollar-based financial system is slowly being replaced by one more friendly to countries outside the US sphere.
Exclusive: Russia's Sergey Glazyev introduces the new global financial system.
The world's new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources. And it will liberate the Global South from both western debt and IMF-induced austerity.
Here are highlights from the article.
In a bout of Russophobic hysteria, the ruling elite of the United States played its last “trump ace” in the hybrid war against Russia. Having “frozen” Russian foreign exchange reserves in custody accounts of western central banks, financial regulators of the US, EU, and the UK undermined the status of the dollar, euro, and pound as global reserve currencies. This step sharply accelerated the ongoing dismantling of the dollar-based economic world order.
Over a decade ago, my colleagues at the Astana Economic Forum and I proposed to transition to a new global economic system based on a new synthetic trading currency based on an index of currencies of participating countries. Later, we proposed to expand the underlying currency basket by adding around twenty exchange-traded commodities. A monetary unit based on such an expanded basket was mathematically modeled and demonstrated a high degree of resilience and stability.
At around the same time, we proposed to create a wide international coalition of resistance in the hybrid war for global dominance that the financial and power elite of the US unleashed on the countries that remained outside of its control. My book The Last World War: the USA to Move and Lose, published in 2016, scientifically explained the nature of this coming war and argued for its inevitability – a conclusion based on objective laws of long-term economic development. Based on the same objective laws, the book argued the inevitability of the defeat of the old dominant power.
Currently, the US is fighting to maintain its dominance, but just as Britain previously, which provoked two world wars but was unable to keep its empire and its central position in the world due to the obsolescence of its colonial economic system, it is destined to fail. The British colonial economic system based on slave labor was overtaken by structurally more efficient economic systems of the US and the USSR. Both the US and the USSR were more efficient at managing human capital in vertically integrated systems, which split the world into their zones of influence. A transition to a new world economic order started after the disintegration of the USSR. This transition is now reaching its conclusion with the imminent disintegration of the dollar-based global economic system, which provided the foundation of the United States global dominance.
The new convergent economic system that emerged in the PRC (People’s Republic of China) and India is the next inevitable stage of development, combining the benefits of both centralized strategic planning and market economy, and of both state control of the monetary and physical infrastructure and entrepreneurship. The new economic system united various strata of their societies around the goal of increasing common wellbeing in a way that is substantially stronger than the Anglo-Saxon and European alternatives. This is the main reason why Washington will not be able to win the global hybrid war that it started. This is also the main reason why the current dollar-centric global financial system will be superseded by a new one, based on a consensus of the countries who join the new world economic order.
In the first phase of the transition, these countries fall back on using their national currencies and clearing mechanisms, backed by bilateral currency swaps. At this point, price formation is still mostly driven by prices at various exchanges, denominated in dollars. This phase is almost over: after Russia’s reserves in dollars, euro, pound, and yen were “frozen,” it is unlikely that any sovereign country will continue accumulating reserves in these currencies. Their immediate replacement is national currencies and gold.
The second stage of the transition will involve new pricing mechanisms that do not reference the dollar. Price formation in national currencies involves substantial overheads, however, it will still be more attractive than pricing in ‘un-anchored’ and treacherous currencies like dollars, pounds, euro, and yen. The only remaining global currency candidate – the yuan – won’t be taking their place due to its inconvertibility and the restricted external access to the Chinese capital markets. The use of gold as the price reference is constrained by the inconvenience of its use for payments.
The third and the final stage on the new economic order transition will involve a creation of a new digital payment currency founded through an international agreement based on principles of transparency, fairness, goodwill, and efficiency. I expect that the model of such a monetary unit that we developed will play its role at this stage. A currency like this can be issued by a pool of currency reserves of BRICS countries, which all interested countries will be able to join. The weight of each currency in the basket could be proportional to the GDP of each country (based on purchasing power parity, for example), its share in international trade, as well as the population and territory size of participating countries.
In addition, the basket could contain an index of prices of main exchange-traded commodities: gold and other precious metals, key industrial metals, hydrocarbons, grains, sugar, as well as water and other natural resources. To provide backing and to make the currency more resilient, relevant international resource reserves can be created in due course. This new currency would be used exclusively for cross-border payments and issued to the participating countries based on a pre-defined formula. Participating countries would instead use their national currencies for credit creation, in order to finance national investments and industry, as well as for sovereign wealth reserves. Capital account cross-border flows would remain governed by national currency regulations.
...Transition to the new world economic order will likely be accompanied by systematic refusal to honor obligations in dollars, euro, pound, and yen. In this respect, it will be no different from the example set by the countries issuing these currencies who thought it appropriate to steal foreign exchange reserves of Iraq, Iran, Venezuela, Afghanistan, and Russia to the tune of trillions of dollars. Since the US, Britain, EU, and Japan refused to honor their obligations and confiscated the wealth of other nations which was held in their currencies, why should other countries be obliged to pay them back and to service their loans?
In any case, participation in the new economic system will not be constrained by the obligations in the old one.”https://thecradle.co/Article/interviews/9135
Here is an excellent article by Ellen Brown that explains the new economic order in terms even a layman can understand. Unlike the New World order, the world's financial system is trending toward a system that benefits all nations, including the United States, and will help to end the resource wars that have plagued the world for the last several decades.
This is the fascist society our elites say has a better system than we do.
A brilliant article written by Alasdair Macleod shows how the woke fools in DC have triggered the collapse of the dollar, and the entire Western financial system, with their sanctioning of Russia. Here are excerpts from the article, which can be found at https://www.goldmoney.com/research/goldmoney-insights/the-commodity-currency-revolution This article is well worth the read.
We will look back at current events and realize that they marked the change from a dollar-based global economy underwritten by financial assets to commodity-backed currencies. We face a change from collateral being purely financial in nature to becoming commodity based. It is collateral that underwrites the whole financial system.
The ending of the financially based system is being hastened by geopolitical developments. The West is desperately trying to sanction Russia into economic submission, but is only succeeding in driving up energy, commodity, and food prices against itself. Central banks will have no option but to inflate their currencies to pay for it all. Russia is linking the ruble to commodity prices through a moving gold peg instead, and China has already demonstrated an understanding of the West’s inflationary game by having stockpiled commodities and essential grains for the last two years and allowed her currency to rise against the dollar.
China and Russia are not going down the path of the West’s inflating currencies. Instead, they are moving towards a sounder money strategy with the prospect of stable interest rates and prices while the West accelerates in the opposite direction.”From the article cited above
Essentially, the Western fiat-money system is going to collapse if present trends continue. The Russian ruble is being backed by commodities such as oil, natural gas, and fertilizer, which Russia exports in abundance. The Chinese currency is also backed by commodities as China’s Belt and Road initiative has captured mines, ports, and farms all over the world.
What is the West doing?
Printing money. Money that is backed by NOTHING, and only exists on an electronic balance sheet. The idiots in DC rely on a fantasy called Modern Monetary Theory, which says (stupidly) that a nation can keep printing money with no financial harm to the economy. This is childish foolishness, which our high inflation is showing us in our stores and shops.
Printing money worked as long as the US had a robust manufacturing sector that produced valuable commodities. In the past, the dollar was essentially a commodity-backed currency. Not anymore. Our multinationals shipped our factories to China to take advantage of cheap labor.
Our fiat currency is supposedly backed by “the full faith and credit of the U.S. government.”
What does that mean? The productive capacity of U.S. workers.
But our working class has been decimated by unscientific lockdowns and insane vaccine mandates that have taken workers and their productive capacity OUT of the economy.
Pure finance is being replaced with commodity finance.
It hasn’t hit the main-stream media yet, which is still reporting yesterday’s battle. But in March, the US Administration passed a death sentence on its own hegemony in a last desperate throw of the dollar dice. Not only did it misread the Russian situation with respect to its economy, but America mistakenly believed in its own power by sanctioning Russia and Putin’s oligarchs.It may have achieved a partial blockade on Russia’s export volumes, but compensation has come from higher unit prices, benefiting Russia, and costing the Western alliance.
The consequence is a final battle in the financial war which has been brewing for decades. You do not sanction the world’s most important source of energy exports and the marginal supplier of a wide range of commodities and raw materials, including grains and fertilizers, without damaging everyone but the intended target. Worse still, the intended target has in China an extremely powerful friend, with which Russia is a partner in the world’s largest economic bloc — the Shanghai Cooperation Organization — commanding a developing market of over 40% of the world’s population. That is the future, not the past: the past is Western wokery, punitive taxation, economies dominated by the state and its bureaucracy, anti-capitalistic socialism, and magic money trees to help pay for it all.”From the article cited above
Printing money only goes so far. Until people realize that your dollar is worthless, and getting more worthless by the day as the Fed prints more and more money to fund our elites’ anti-democratic and anti-worker policies such as open borders, where more unskilled workers flood the zone, along with tons of fentanyl and other drugs that destroy our cities and communities.
Commodity-backed currencies – currencies backed by gold, oil, and other tangible assets – are based in reality. Fiat money – like the dollar and the euro – is backed only by the printing press. To see how commodity backed currencies are far more stable than fiat currencies, look at this graph:
In the graph, “goldgram” represents a currency backed by gold. It could easily be any other valuable commodity (like oil or liquid natural gas) or a basket of commodities. The graph doesn’t show it, but the price of oil in goldgrams has actually DECLINED since 1950! Even as it rises for fake, fiat currency like the dollar, the pound, and the euro.
Russia has tied the export of its natural resources to its currency, the ruble. Further sanctions will only strengthen the Russian currency and weaken the dollar. Because we produce little, and import most of our tangible goods from abroad, expect continued higher inflation as the dollar weakens against the currencies of Asia.
China, through its Belt and Road initiative, has secured vast mineral wealth throughout the world through its aggressive buying campaign. Its currency is effectively backed by commodities, as is Russia’s. Moreover,
the Chinese have been prescient enough to accumulate stocks of grains. The result is that 20% of the world’s population has access to 70% of the word’s maize stocks, 60% of rice, 50% of wheat and 35% of soybeans. The other 80% of the world’s population will almost certainly face acute shortages this year as exports of grain and fertilizer from Ukraine/Russia effectively cease.”From the article cited above
I saw a report yesterday that said the cost of fertilizer for American farmers has risen 300%. Think about that this fall when you go to the supermarket.
Our ignorant, stupid elites have destroyed the U.S. economy. Unless the people of this country wake up fast and kick these bums out, it’s only going to get worse. But we can still turn it around! Get out and vote this fall.
We live in an age of universal deceit. That’s because the exposure of deceit is occurring as the collective consciousness of humanity becomes aware of the darkness and the sickness that is an inherent part of human society and human organizations. Nowhere was this more evident than during the confirmation hearings of Judge Ketanji Brown Jackson to the Supreme Court.
This nomination was set to sail through the Senate Judiciary Committee and the full Senate confirmation vote. Then, on the first day of the hearings, Josh Hawley began to ask the nominee questions about her rulings in 7 horrific cases of pedophilia and child sexual abuse. Hawley (of course) was called a racist because he dared to question the judgment of a black woman. Nevertheless, the Republicans on the committee persisted in their questioning. This brought pedophilia and child abuse to the forefront of the confirmation hearings.
An eighth case was added to the discussions on the third day of the hearings. All of these cases involved the distribution and the viewing of – gulp – the rape, torture, and sexual abuse of young children and even babies.
God works in mysterious ways. What was a simple confirmation hearing to the Supreme Court has now turned into a conversation about human trafficking, child sexual abuse and torture, and pedophile networks. (Here is congresswoman Sheila Jackson Lee wearing a pedophile ring with a symbol that is in the official FBI database of pedophilia symbols).
What we have heard about pedophilia and child abuse in these hearings is the tiniest tip of the iceberg. It is no coincidence that the corporate controlled news networks have barely mentioned the subject, and when they do, deflect back to accusations of racism and sexism for even questioning the nominee on this subject.
The abuse of babies and children is the sickest, darkest, evilest, the most terrifying, twisted, vile, and psychotic activity of the human race. Of all the terrible crimes humans commit against humans, the abuse of children is by far the worst. My hope is that these hearings will spark real investigations into the trans-national and national pedophile networks.
Hopefully, names will eventually be named and tribunals held to expose those who engage in these sick and twisted activities. The human race can never move forward into higher consciousness unless this evil is fully confronted and acknowledged. Human trafficking and those who engage in it is the most closely held secret on the planet, so the light will have to shine very brightly indeed to expose it.
As of this writing, the U.S. government is assisting in the trafficking of human beings at the U.S. southern border. US taxpayer money flows through the State Department, through USAID, and that money goes to NGOs (non-governmental organizations) that are literally advertising for and facilitating caravans of people into the US. Every person who comes to our border is trafficked by the Mexican drug cartels. The average price per person is several thousand dollars. Sexual abuse of women and girls is rampant. The federal government participates in these criminal activities by defunding the border patrol and removing COVID restrictions (Title 42) so that our border is just a swinging gate for millions of people from over 100 countries.
And to end this subject, a few words about the “Don’t say gay” bill passed by the Florida legislature and signed by Governor DeSantis. This maligned legislation is a parent’s rights bill. It says, “Classroom instruction by school personnel or third parties on sexual orientation or gender identity may not occur in kindergarten through grade 3 or in a manner that is not age appropriate or developmentally appropriate for students in accordance with state standards.” (Read it here, it’s 4 short pages.) This is simply common sense. The truth is simple: there is no reason to talk to young children about sex and sexuality unless you’re sexually grooming them. There is no reason to show little children books about the sexual act unless you are grooming them. The sexualization of children is the agenda of the Dark. A child’s innocence should never be willfully destroyed.
In a story by Jack DeMarco on April 5, 2022 from Yahoo News, “Operation ‘April Fools’ ends in arrest of 19 men seeking sex with children, deputies say,” Marion County Sheriff Billy Woods is quoted:
“A child’s innocence is something we should all strive to protect. I will continue to use all of my resources to hunt down these predators so they may never hurt a child.”
Tulsi Gabbard expresses the thoughts of informed persons on this bill:
“When I first heard about Florida’s Parental Rights bill, I was shocked it only protects children K-3. Third grade? How about 12th grade—or not at all. Meanwhile, schools are failing: 1 in 4 graduates are functionally illiterate. Parents should raise their kids, not the government.”https://www.youtube.com/watch?v=XL4d49fgzrY
In Australia, Victorian MP Bernie Finn read out a letter from a constituent who shared a worksheet given to their 10-year-old daughter at school.
In quoting the letter, Finn said, "Part of her homework was to discuss his erections and ejaculation with her father. I find this very disturbing and sickening. I have complained to the school and was told it was just part of the curriculum. […] My daughter still plays with dolls and writes letters to the tooth fairy. There is no way any little girl should be told to ask these questions. Finn then turned on the Chamber and furiously added, "Well, so say all of us. What the hell is going on in this state when 10-year-old girls are told to go home and talk to their father about his erections and ejaculations? What the hell is going on here?! "How the hell are we supposed to protect our kids when this sort of perversion is in our schools?"https://www.rebelnews.com/bernie_finn_slams_sexual_homework_given_to_school_girls
Yeah. If that isn't grooming children, I don't know what is. If you think this is only happening in Australia, think again.
God Works In Mysterious Ways
God does indeed work in mysterious ways.
For example, the misogynistic Taliban in Afghanistan have outlawed the growing of poppies and the distribution of narcotics in that country. If true, this will put a dent in the worldwide drugs trafficking networks.
Elon Musk has just bought a 9.2% share of twitter, making him the largest shareholder. Musk is also an elitist member of Klaus Schwab’s World Economic Forum, which wants to establish a worldwide totalitarian techno-state where all human beings have neural chips that can program our brains, and where all money is under the complete control of government. Yet Musk has also complained about Twitter censorship. Why did Musk become the largest Twitter shareholder? What will Musk do with his new toy? Will he try to eliminate the censorship that is rampant on Twitter? Perhaps. God works in mysterious ways.
Check this out:
Russia’s invasion of Ukraine was an inevitable result of regime change in 2014 during the EuroMaidan revolution in Ukraine, when Barack Obama sent the CIA to overthrow the elected government of President Viktor Yanukovych. The CIA felt that Yanukovych was too partial to Russia and Putin. So naturally, regime change was the solution! Now, sanctions against Putin have unexpectedly caused a revolution in the worldwide financial system, as the dollar is being weaponized against countries our corrupt elites don’t like. But that policy is backfiring. Other countries don’t like the way the US is devaluing its currency by printing trillions of dollars to cover its massive overspending. This crazy printing of dollars makes every investor in dollar-denominated securities worth less and less. The dollar is therefore being shunned, and is beginning to lose its reserve currency status. China, Russia, and India are talking about abandoning the dollar and the US-based SWIFT system for inter-bank transactions (this is how goods and services are paid for worldwide) and working out a new funds transfer system. The sanctions policy of the West is hurting the dollar and the euro, and supporting the ruble and the yuan, China’s currency. An example of the law of unintended consequences.
So – A seemingly unrelated regional conflict in Ukraine has been the impetus for the reworking of a corrupt financial system in which central banks simply print money, thus spreading inflation and hardship throughout the world like a pandemic.
And finally, analysis of Pfizer’s own documents that describe clinical trials of their mRNA vaccines – documents which the drug maker tried to delay release of for 55 years – show over 1,200 deaths and thousands more severe adverse reactions. The latest information from the April tranche (Pfizer was ordered by a judge to release a certain number of pages of their internal COVID vaccine trials each month) shows that in February 2021, when the vaccine promotions were ramping up, Pfizer hired over 600 people to handle the documenting of an expected wave of adverse reactions to their vaccine for the following four months of March, April, May, and June 2021. Pfizer knew their vaccines caused adverse reactions and even death.
God works in mysterious ways: Pfizer’s own documentation of their vaccine trials are going to put Pfizer executives in jail, and lead to enormous lawsuits and the shorting of their stock, as investors flee the company.
All of these unintended consequences reminds me of the famous saying by Dr. Pangloss in Candide: “All is for the best in this best of all possible worlds.”
A spiritual war is being fought for the souls and the minds of humanity. On one side is a perverted, dark set of persons who have turned away from their own light. The product of darkness is chaos, destruction, and death. On the other side are self-aware persons who embrace their divinity, and their connection to the Creative Source. The product of Light is peace, love, understanding, and creativity. The difference between the two is literally the difference between night and day.
The dark, like Hitler in WW 2, began their campaign too soon. People are waking up quickly now as more and more people see that the lockdowns, mask mandates, vaccine mandates, and the censorship of ideas are just tools for the destruction of democracy and freedom, and the establishment of a worldwide totalitarian state.
Light >>> Dark.
There are some very incisive and brilliant commentators out there. Caitlin Johnson has written a brilliant piece describing the Russia-Ukraine War. Not a long read.
The great C J Hopkins cuts through the bullshit and propaganda
Springtime for GloboCap
Warm up the Wagnerian orchestra and call in the goose-stepping chorus girls, because … yes, that’s right, it’s Springtime for GloboCap! “The Winter of Severe Illness and Death” is over! The big Black Sun is shining again! God’s in his heaven, all’s right with the world!
OK, sure, the vast majority of humanity are suffering from post-traumatic stress, having been terrorized, gaslighted, threatened, bullied, and otherwise systematically mindfucked by their governments, the media, and “health authorities” on a daily basis for the past two years, and we’re all exhausted and at each other’s throats, and many of our businesses and incomes have been ruined, and inflation is spiraling out of control, and a lot of us are still being gratuitously demonized, segregated from society, banned from traveling, and forced to submit to invasive procedures and wear medically-pointless symbols of ideological conformity on our faces, so we’re not quite in the spirit of the season … but, for GloboCap, things couldn’t be going any better!
Not only is the final phase of their roll-out of the new pathologized totalitarianism (i.e., the New Normal) going more or less to plan, but those pesky, non-ball-playing Russians have been baited into a military quagmire in the Ukraine that could be dragged out for years! Think of all the destabilization, restructuring, and privatization opportunities, and not just in Russia and Eastern Europe, and not just during the next few years, but throughout the world and well into the future! With the majority of the Western masses brain-buggered into a state of almost catatonic credulity and obedience, who’s going to stop them? The sky’s the limit!
We’re talking radical social and economic restructuring, a brave new GloboCap-curated world! A world of constant chaos and crisis, eternally recurring “apocalyptic pandemics,” intramural proxy wars, climate-change lockdowns, “disinformation” attacks, mandatory genetic-therapy, digital currencies … the whole nine yards. A world not governed as much as “guided” by non-governmental global-governance entities, global corporations, benevolent billionaires, banks, investment management firms, and, of course, the military and Intelligence communities.
But I’m getting a little ahead of myself. It will be a while before GloboCap can blossom into its full expression. In the meantime, the global “Clear-and-Hold” op continues … and appears to have abruptly shifted into an extremely psychotic and fascist phase.
This shift was executed in Orwellian fashion, like that scene in 1984 where the Party switches official enemies right in the middle of a Hate Week speech. But, in our case, the switch was a little more complicated, because GloboCap didn’t just switch official enemies — like they did in the Summer of 2016 and then again in the Spring of 2020 — they revised the identity of the official enemy, not just its name, but its fundamental character, or, more accurately, and more psychotically, they split the identity of the official enemy, stripping off and embracing its fascism while simultaneously maintaining and magnifying its fascism, simulating a moral spectrum of fascism, and thus subjecting the New Normal masses to a mind-bending level of Orwellian double-think.
In the blink of an eye, without missing a beat, both the white-supremacist Putin-Nazis that plagued Democracy throughout the Trumpian Reich and the Covid-denying Anti-Vax Nazis that plagued the New Normals throughout the Global Pandemic were seamlessly replaced by the GloboCap Nazis … but, the thing is, the GloboCap Nazis are the good guys, and the Putin-Nazis and Anti-Vax Nazis are … well, I guess they’re still technically Nazis, except for the fact that they aren’t actual Nazis and are mostly just regular working-class people, whereas the GloboCap Nazis are actual Nazis (i.e., Sieg-heiling, Jew-hating, Hitler-worshiping Nazis), who the US military and Intelligence community, NATO, and assorted private “military advisors” have been funding, arming, and otherwise supporting since the 2014 Ukrainian “revolution” (i.e., coup) that they orchestrated to destabilize Russia as part of that global Clear-and-Hold operation (which operation, of course, doesn’t actually exist, and is just another conspiracy theory disseminated by Putin-Nazi traitors like me to erode support for the GloboCap Nazis, who are really just wholesome young Aryan boys who are trying to defend Democracy from Evil, and cleanse their country of the Jews and the Roma, and exterminate the Russian race, starting with the children, apparently).
OK, I know this is getting confusing, what with all the various Nazis, and so on, but that’s only because you’re still trying to make sense of the psychotic official propaganda that GloboCap is relentlessly bombarding us with. For example, this recent BBC segment in which Ros Atkins explains how the neo-Nazi Azov Detachment is actually “mainstream.” Or this NBC piece by Allan Ripp, explaining how, yes, there is definitely a serious neo-Nazi problem in the Ukraine, but if the Ukrainian Nazis (i.e., the GloboCap Nazis) persecute and murder the Ukrainian Jews, it’s Putin’s fault for invading the country and creating “chaos and insurgency,” or whatever.
Or this Unheard piece by Aris Roussinous, explaining that arming and supporting neo-Nazis “may be one of the hard choices forced by war,” and advising Zelenskyy to disarm them once the war is over and “freedom” is restored … which, obviously, he intends to do. After all, the man is Jewish! He will probably ban the neo-Nazis outright, like he banned all the non-neo-Nazi parties.
Or, if you prefer your propaganda less nuanced, you can go with CNN and get it straight from the source, for example, from Major Denis Prokopenko of the neo-Nazi Azov Regiment …
Or these Svoboda neo-Nazis that Jeremy Bowen of the BBC was hanging out with …
Apparently, CNN and the BBC were unable to locate any non-neo-Nazis to bring us the “fact-checked Truth” from the battlefield.
Or … wait. Sorry, I got all confused again. These are the good Nazis … the GloboCap Nazis! The actual Nazis, not the fictional Nazis. Or … wait, no … never mind. I mean, it’s not like it really matters anyway, right? The point is, it’s Spring, and the goat-footed balloon-Man whistles … no, strike the balloon-Man. This is not the time for balloon-Man references. It’s New Normal Spring! The birds are buzzing! The bees are chirping! The ICBMs are tumescent with rocket fuel and throbbing in their silos! The New Normal masses are out prancing around with their “vaccination passports” and medical-looking masks, in their official neo-Nazi Azov hoodies, waving their Ukrainian flags, and otherwise desperately trying to pretend that they haven’t just been colossally mindfucked by GloboCap for the last two years!
But there I go, getting negative again. I really need to try to focus on the positive, no matter how psychotic things are in reality. Here in New Normal Germany, it’s almost “Freedom Day” again! Technically, “Freedom Day” was March 18, but they rewrote the “Infection Protection Act” (again) to postpone “Freedom Day” until April 2, after which “the Unvaccinated” will be allowed back out into society and everyone will only be forced to wear symbols of conformity to official ideology on their faces on public transport, and trains, and planes, and in hospitals, and various other places, unless federal states declare themselves “hotspots” — which several states have already done — in which case “Freedom Day” is postponed indefinitely.
But whatever … it’s Springtime for GloboCap! Freedom is slavery! Ignorance is strength! The GloboCap Nazis are winning the war! Sure, Pfizer just released nine pages of “adverse events of special interest” connected to their Covid “vaccine,” but they “may not have any causal relationship” to each other! And all those videos of the GloboCap Nazis duct-taping men, women, and children to lampposts, painting their faces with chemicals, stripping them half naked, and whipping and beating them? Those people are “saboteurs” or “looters,” or “Putin-Nazi collaborators,” and it’s all just Russian disinformation! And whatever. Trust the “Science” … or something!
All right, I think that’s quite enough from me. I’ll sign off and let you get back to the show. Look, here come the triple-vaxxed, double-boosted, goose-stepping GloboCap chorus girls!
Uncovering the Corona Narrative Presentation given by Ernst Wolff. August 2021
Author, journalist, International Monetary Fund and Financial Expert.
Transcript of the translated text. https://odysee.com/@LongXXvids:c/Ernst-Wolf-speech---summary:3
The American president Franklin Delano Roosevelt, once said: “Nothing happens accidentally in politics, and when something happens, you can bet on it that it was exactly planned that way.” When one looks at what happened in the last year and a half, then these words are especially alarming. Can it really be the case, that everything that we’ve experiences was planned?
I’ll say one thing right away. I can’t produce any evidence for such a plan, in the form of verified documents, but after studying this topic in detail for 18 months, I must say that there is an impressive number of signs and indications pointing in exactly this direction. It is this and the consequences thereof that I want to talk about today.
The current situation we find ourselves in is unique in the history of mankind. Never before has the whole world been thrown under the rule of this type of coercive regime as now in our time, and never have so many measures been taken which at first glance appear so unintelligible, partly so nonsensical, and in many cases so contradictory.
Officially, this is about the most serious health crisis in living memory, but the measures being used against this have not improved the situation but continuously made things worse.
Every doctor today can confirm the health condition of people, the majority of people, is worse than before the crisis, and even from the point of view of those who ordered the measures we are faced with a shamble. The allegedly threatening 4th wave, and the announcement of the need for 3rd, 4th and 5th vaccinations, show that the purpose of the measures up to now, namely preventing the illness, has failed completely.
But that is not all by far.
As a consequence of the lockdowns up to now, we have a severe global economic crisis to manage. Worldwide production hangs in complete disarray. Global logistics is on the floor, supply chains are broken, harvests are being lost, food supply bottlenecks, and on top of this a scarcity for a large part of the economy of essential semi-conductors.
But also, in this we are seeing the problems are not being addressed and solved, but multiplied and magnified, via the application of further measures, and the constant threats of new restrictions. The most recent example, in China, a port freight terminal, the 3rd largest in the world, has been closed down due to a single positive test from a worker there. Or, take New Zealand, where in all seriousness during the last week, 5 million people were put in lockdown for 3 days, because a single 58-year-old had a positive test.
A further crisis is affecting the small to medium businesses sector, which by a long way provide the most jobs worldwide and additionally, supplies the largest share of tax revenues. The Mittelstand (small to medium industry sector), is being driven from week to week further to the wall, through the incessant uncertainty and new regulations, and has never before been stuck in such a deep crisis as today.
But that is not all.
We are experiencing at present, a brutally increasing worldwide inflation, especially for raw materials, with produce prices and with food products. But also, here, nothing is being done to alleviate the situation. But rather the opposite. The flood of money printing continues, and will even be further increased. Countries and central banks, have, since the start of the crisis, thrown in almost USD 20 trillion into the worldwide monetary system. Without any end in sight! And the International Monetary Fund, as the most powerful financial organisation in the world will give out next Monday, with USD 650 billion, the largest amount ever of its own currency under special withdrawing rights.
And the situation in society is no better.
Just one example. In the USA, the strongest economy in the world, almost 4 million people are threatened with eviction because they cannot pay their rent or cannot cover their mortgage costs. And more than ten times as many, in the USA, note in the richest country in the world, are not in a position to feed themselves from their own income, and that, which the intentional destruction of the economy and the rising inflation have not managed to accomplish, politicians have managed to do. A country wide fracture of the population as we have never witnessed before, and now, on top of this come vicious measures as the crowning of the whole thing. The premeditated change of power in Afghanistan managed by the USA. There, the Taliban have been deliberately handed military materials, to the value of $20 billion, a complete air force, with 11 airfield support bases available for use, which with absolute certainty will cause the next enormous flood wave of refugees.
Why this, one asks oneself? Why were worldwide measures taken which have caused one disaster after another and pushed the majority of humanity deeper towards the abyss, instead of lifting them out of their misery?
To answer this question, one has to ask two further questions, namely: Who has an interest in this global agenda, and who profits from this? The answer to both questions is clear.
The biggest profiteer of the current crisis, and the most important string puller behind the scenes, is the digital-financial complex.
So, a type of special interest community, with the largest IT corporations and the largest asset managers of our time at its head. The largest IT concerns, include: Apple, the Google parent company Alphabet, Amazon, Microsoft and Facebook. The market capitalisation of these 5 companies alone at present amount to an incredible USA 9.1 trillion. Just for comparison, the gross GDP of Germany, France and Italy is USD 8.6 trillion.
Along with these digital concerns, we also have the large asset managers, namely, BlackRock, Vanguard, State Street and Fidelity. They are significantly involved in all IT companies, and not only this, these four companies alone, currently manage a total USD 220.6 trillion. Again, for comparison, the GDP of all 28 nations of the EU last year amounted to USD 15.7 trillion.
But it is not just the monstrous financial clout of these concerns which makes the digital-financial complex so powerful. Let’s first take the IT corporations. They don’t just have an enormous power themselves. They also control hundreds of thousands of other companies, because they organise the digital systems of these other businesses, and in this way have a constant overview of their data streams. The IT industry is nothing other than a tumor, which, in the course of the past years has metastasized into all other branches of the economy, to make them dependent upon it and in the meantime to completely dominate them.
And it is not any different with the asset managers They are involved in every large company in the world, and able to influence every popular brand in the world. The largest of them, BlackRock, supplies with the more than 40 years old data analysis system “Aladdin Data Cloud”, the greatest fund and financial information the world has ever seen. And in the background, BlackRock uses this knowledge to advise the largest central banks in the world, the Federal Reserve and the EZB (European Central Bank).
Through the huge information advantage which BlackRock has, it is very clear who is dependent upon whom. So, this has to do with a unique historic mix of raw financial power and the discretionary power over an unimaginable huge data pool. This combination allowed these corporations to make a business upswing, since the beginning of the crisis as never before.
And not only that. Their advantage is accelerating continuously. Alone, in the last quarter of this year, April, May and June, these companies have made the largest profits in their whole history and also, in view of these facts, there’s not much left to the imagination. And to come to the conclusion, it is this digital-financial complex which is a global power centre which drives everything.
The digital-financial complex stands far above all governments, and is ready at all times to bring every government cabinet in the world to its knees, and make it compliant.
One must wonder, however, all the more about the methods introduced by the digital-financial complex since the start of the crisis. Because it seems almost as if, as if it is undermining the very system from which it benefits.
Here are a few examples:
If the digital-financial complex destroys small to medium businesses, then really it is destroying its own livelihood, because, as we just heard, the small to medium business sector (Mittlestand) pays the greatest share of taxes revenues and creates the most jobs, and when inflation increases that also hurts the digital-financial complex, and when it destroys social peace through increasing inequality, then it also destroys those who it makes its business from.
All these are valid objections. But they miss the reality. Namely, this is how it works.
The digital-financial complex has no other choice other than to do what it does at present. What we currently experience is namely, is not something which is a formulated written agenda with which it will accumulate yet more money and power and then sit back to enjoy the fruits of its labors. What we are experiencing at this time is a gigantic act of desperation, probably the biggest that has ever occurred in the whole history of mankind.
The cause of this act of desperation is that the system to which the digital-financial system owes its existence, can no longer be kept alive with the previous business model.
It was very close to its demise already during the world financial crisis of 2007-8. If governments back then had not mobilised huge amounts of tax money and the central banks instructed oodles of money to be created out of nothing the system would have collapsed there and then. But salvation was only temporary. The amounts of money had to be continuously increased over a period of 12 years and the interest rates had to be reduced several times. So, the system was made ever more unstable.
In the long term that could not go well. And last year it was to the point that the next collapse was threatening. And this collapse has been postponed through a final feat of strength: namely, the reduction of interest rates to zero and the injection of billions and billions for one final time. With that however, a qualitatively new situation has come about. A further deferral would require interest rates to be dropped into the minus range, and this would destroy the foundation of the current banking system.
Banks cannot operate long-term with negative interest rates. This means that a further deferral with the previously used approach will not be possible. In the present situation one can inject billions and billions into the system at maximum one more time. However, with the result that the already strongly growing rate of inflation will further overhead and will be driven into hyperinflation.
The situation in which the digital-financial complex finds itself is between the alternatives of, on one side the final collapse and hyper-inflation on the other side. So, the total loss of value of money. That means, historically we’ve arrived at a point in which the digital-financial complex, in the framework of the existing system, only still has the choice between two various forms of collapse. So, what can they do?
Quite clearly, they have, in this situation, chosen to install a new system and a double strategy. On one side, in the background and away from public view, they are preparing a new system. And on the other side, they are using the end phase of the present dying system to plunder it using all tricks at their disposal.
This is exactly what we’ve seen since March 2020. The quite deliberate and premeditated destruction of the world economy, for the exclusive expansion of the digital-financial complex, with simultaneous preparation via the central banks of a new system and in collaboration with the IT corporations. And we already know how this system will look.
It is about the complete removal of cash and banks in their previous form, and the introduction of digital money from central banks. The end goal as it appears, is that we will all have just a single account through which all transactions run. And this account will not reside in a business or high-street bank but with the central bank.
The background to this plan is the following: Digital central bank money is programmable, and because central banks can create unlimited money out of nothing, one can indeed operate in this way with negative interest rates without having to destroy the system. But that is furthermore, not the only feature of digital central bank money. It will allow governments to watch over all transactions made. To assign us various tax rates and impose upon us individual fines. Governments can also place an expiry limit on a part of our money and require that we spend certain amounts within certain time periods. But it can also require the money to be used for specific purposes, and require that specific amounts be paid only for certain products, or that they be sourced only from certain regions. Above all, government will be in the position to cancel our ability to make all transactions with a single mouse click, and so, shut us down financially. Digital central bank money would be the most efficient tax collection method for society that has ever occurred in the whole history of man, and with that, nothing more and nothing less than the realisation of an all-encompassing dictatorship brought about through money. [emphasis mine]
However, the whole thing has a huge snag. Namely, the expected resistance from the public.
One can be very certain that a large proportion of people won’t accept this form of disenfranchisement. So, the introduction of digital central bank money would be expected to produce huge social unrest. And it is exactly this problem that the digital-financial complex has quite obviously thought about, to reverse the process of introducing this (digital) currency. So, they won’t try to make this switch to digital currency gradually, but and thereby risking huge resistance will do it exactly the other way around.
They will drive society into chaos in order to present the introduction of digital central bank money as the solution to all problems. Namely, in the form of a Universal Basic Income (UBI). [emphasis mine]
For anyone who thinks this is a “conspiracy theory” pulled out of the air, I recommend that you once again take a close look at everything we’ve experience in the past 18 months.
Under the pretext of fighting an illness devastating and irreparable damages have been done to health, economy and finances, whose full effects are only beginning to show up so far in traces. But at the same time, day by day work is being done to increase these damages, and in parallel, the social rift in society is being systematically deepened, by constantly driving new wedges between people. All of this leased us purposefully in one single direction, social unrest to the point of a civil war, and indeed, worldwide. Exactly that, according to all available information I have, is what is wanted (by the other side).
We are experiencing today that by using all conceivable means, one is trying to create the maximum social chaos, and then at the high point of this chaos, bring in a panacea with the name “Universal Basic Income”, and in this way effect a change, from maximum chaos to maximum control. [emphasis mine]
By the way, there is a second reason why, from the perspective of these power brokers, UBI must come. We are sitting right in the middle of the 4th Industrial Revolution, and expect, in the period ahead of us, the loss of millions and millions of jobs, due to the introduction of Artificial Intelligence. This means, millions of consumers will disappear. The demand for consumer goods will increasingly collapse and because the current economic system is consumer driven, one must, to maintain life, break through this downward spiral. And that can only happen if all these unemployed consumers who cannot find work are provided with an income.
We see that what has happened in the last 18 months and what is still going on is obviously all following a (prepared) plan. And the name of this plan is: “Deconstruction of the present economic system to the benefit of elites”. The generation of the maximum economic and social chaos and the establishment of a new system, under the guise of wanting to provide humanitarian help.
This plan is however available to read and that is in both books about the Fourth Industrial Revolution and The Great Reset, by Klaus Schwab, whose World Economic Forum (WEF) plays a key role in this whole agenda. The WEF has succeeded over the past 50 years to become the most important control centre of the digital-financial complex.
First of all, business leaders were brought together, then later all politicians, and still later, media creators, and in commanding roles, and prominent figure all networking with one another. Additionally, in the 90’s, people were subjected to a targeted training program. We know today that since 1992 the “Global Leaders of Tomorrow” and since 2005 the “Young Global Leaders” always received a systematic onboarding schooling from the WEF, and it is exactly these same people who right now occupy positions of political power and influence. Whether it is Bill Gates, Jeff Bezos or Jack Marr from the IT area. Whether it is CEO, Larry Rink of BlackRock, head of the IMF Kristalina Georgieva, or former head of the Bank of England, Mark Carney from the finance sector. Or Emanuel Macron, Sebastien Kurz, or Angela Merkel from politics.
All of these people have been either trained by the WEF or they sit on its leadership board. And it is not just the 1300 members, of this closely networked elite leader group who pull the strings worldwide. Since 2012, there is also a further ten thousand under 30-year-olds, so-called “Global Shapers” who have joined the club and who have also been brough together by the WEF and in its sense, exert influence on the course of world events. And we know how these events should look. To see this, I recommend looking into the work of WEF founder, Klaus Schwab.
For those who still cannot believe that everything we have experienced follows a plan, they should check the publishing date of Schwab’s work, “The Great Reset”. This book appeared on 20th June 2020, thus not even 4 months after the worldwide lockdown and already gives exact instructions on how one should use Covid-19 in order to put it darkly creatively destroy the world and build up a new world in the image of the man he (Schwab) has drawn up, which is reminiscent of the darkest times of national socialism.
I know that all of this sounds shocking, like a carefully prepared apocalypse. Indeed, the agenda is being followed here is obviously not only planned but also, can hardly be surpassed in terms of evilness and deceitfulness.
Who would ever have suspected that under the guise of protecting mankind from the effects of a disease, the world economy would be driven to a total collapse? To take away: people’s freedom to travel, their rights of association and free speech, their freedom to express opinions, and in addition, to condemn more than 100 million people to starvation, and all this allegedly “for their own protection”! And who would have thought that an unapologetic eugenicist named Klaus Schwab would be put in a position to not only spread worldwide his gruesome vision of a melding of the human being with machine intelligence (AI), but also to have this vision driven forward by ten thousand helpers.
All of these are deeply destructive developments with which we are now living and having to suffer under, and their details are enough to freeze the blood in the veins of any normal thinking and feeling person.
But now I am coming to the most important message that I have to give today. The whole thing also has another side to it. A quite different side and above all one which gives us a huge boost and a great amount of power for our future work.
The plan of the elites, the visions of Klaus Schwab, are namely, are condemned to fail, and this is for several reasons, the most important is that the narrative of a deadly virus which is an existential threat to humanity cannot be sustained in the long run, we already see how the pack of lies is collapsing in on itself from all sides. We see how, in efforts to legitimise it, resort is made to ever more absurd arguments and rabid defamation. It is important to recognise here, that the vehemence the media are displaying these days, testifies not to their strength but to their weakness.
Whoever, with ever more emphasis, spreads ever more grotesque lies, like the pandemic of the unvaccinated, who declares healthy people public enemy number one, and whoever on the basis of a single illness or test “case”, locks down whole countries, they are doing this only because they have run out of arguments and in desperation are blindly lashing out.
Abraham Lincoln once said “You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all the people all of the time.” Exactly that, the truth will appear in our time, and this naturally has an enormous meaning for us, because ironically, it opens up for us that which Klaus Schwab has termed “ a unique window of opportunity”, however, in exactly the reverse dynamic (to what he intended). Namely, that via the collapsing narrative, the credibility of those who have led us into this situation is being buried by the day, and because of that, a unique window of opportunity has opened for all of us for a vast and comprehensive campaign of enlightenment.
The objective conditions to enlighten others about the real background to the alleged “pandemic”, about the real balance of power in the world, and the real threats we face, have never been as good as now and they are getting better day by day because the other side are getting entangled in their increasingly unbelievable lies and even if the digital-financial complex should succeed in introducing the new currency that would also not be the end of the world. [emphasis mine]
Digital central bank money can, namely only function as the basis of a comprehensive coercive system. One will always introduce new price controls, continuously increase the Universal Basic Income and create permanent inflation with emphatic pressure, which in turn will lead to a continuous impoverishment of the population and constant conflict with the state and the authorities.
What we need to understand is the following: Without any doubt, we stand before turbulent and also dangerous times, but we hold an historic trump card in our hands. It consists in the fact that the other side does not act according to the rules of reason but strives out of motives of greed and power and therefore cannot do anything other than bring itself into ever greater difficulties.
We should use exactly that (weakness) and always keep in view, that the other side likes more money, more property and additionally, to have available all the weapons in the world. But their power is not based on their money, nor on their possessions or their weapons but relies solely upon one factor: And that is the ignorance of the majority of people. i.e., the majority doesn’t understand the evil game that this minority are playing with them.
As terrible as everything is that the digital-financial complex and it’s helpers have served up in the past 18 months, and still continue to serve up, it has put itself in a situation which it cannot get out of and in which, out of despair it must cross ever more “red lines.”
This means for all of us, that in this exceptional situation we should quite simply, keep the peace, consistently expose all the lies, and show people bit by bit, why, and by whom, they are being deceived. When we do that, and in doing so reflect on the strength of our arguments, then, we can not only solve the current problem, but possibly, achieve something much bigger, namely, use one of the deepest crises of humanity to turn around the direction of human history, and so, open the door to a new (and better) era. [emphasis mine]
Beverly Griner, Russia's war in the Ukraine, the confirmation of Judge Brown Jackson, these are all distractions. This is the real issue: the CCP has infiltrated every aspect of American society. Its Belt and Road initiative comes to the heartland of the US.