“This precipitous drop-in economics activity has caused a level of pain that is hard to capture in words, as lives are upended amid great uncertainty about the future.” -Federal Reserve Chairman Jerome Powell
I don’t know what Powell said before or after this statement that was quoted in The Great Reset, I do know that for every percentage point that unemployment increases 40,000 people die. This figure was true in 2009 when the economic collapse was taking place and everyone acted like it was the end of the world while the great black hope was taking office and Bush signed over the life savings of a nation to Wall Street. I’m sure that the numbers are higher these days and while knowing this the leaders of our country decided to sacrifice those who would not make it through a recession for those who would likely make it through a pandemic.
Schwab makes the argument that other countries kept their unemployment down through policies that kept people employed even if they weren’t working. In Germany they saw an increase of less than 1% in unemployment while the US had over 11%. What he fails to mention is that the loans the Federal Government offered to small businesses were eaten up by large corporations they were not intended for. Plus, if it was used to pay employees during the pandemic and keep them on payroll it didn’t have to be paid back. The stupid thing that was added to that program was adding $600 a week to people collecting unemployment curing Covid-19. For a small business it did not make sense to keep your employees on payroll when they would make more money on unemployment. The other stipulation was that it could not be used for other expenses or it would have to be paid back. If a business wasn’t sure it would re-open after a lockdown it was in everyone’s best interest to close and collect unemployment.
Even the people running the “plandemic” have low hopes of an economic recovery after lockdown. “Globally, a full recovery of the labor market could take decades and, in Europe like elsewhere, the fear of mass bankruptcies followed by mass unemployment looms large.” Page 54.
As of 2-14-2021 Covid-19 infections are down, the death rate is down, and in the UK the daily death count has decreased by 46% since the peak and they are on lockdowns again. The people running this program know what they are doing and it no longer has anything to do with the pandemic and I wonder if it ever did? Never let a crisis go to waste. The next chapter is even more eye opening.
What Future Growth Could Look Like
“The history of radical rethinking in the years following World War II, which included the establishment of the Bretton Woods institutions, the United Nations, the EU and the expansion of welfare states, shows the magnitude of the shifts possible.” Page 57
This is the chapter where BLM mottos start to pop up like at a diversity meeting for work. the new measurement for economic stability will no longer use GDP but instead have unmeasurable standards that can be changed on a whim.
“These three areas create a multiplier effect both through their own employment potential and the long term benefits they unleash across societies in term of equality, social mobility, and inclusive growth.” Page 63.
Schwab clearly has a problem with capitalism even though our global economy in its previous, pre-COVID-19, system did more to bring people out of poverty than the last century did. More people world wide have access to the internet. In China, the internet, while it is regulated by the government, is accessible to everyone in an effort to make a household a business. In countries that embrace the internet and free market capitalism people come out of poverty at a faster rate. The socialist program that Schwab is encouraging will cause more poverty and death in the long run. Considering the movement against climate change a program that would lead to a depopulation of society would likely be favorable to these people as opposed to lifting people out of poverty and finding meaning in their lives.
Be leery any time you see the words Equality or Equity when listening to a politician or a corporate shill. Nothing good comes from the enforcement of these kinds of policies and it doesn’t take long for those organizations to crumble down into their grave from mismanagement. Social mobility I already covered and this new system of the Great Reset will not help that. However, inclusive growth, is another buzz word considering that it is not referring to helping other people reach the top of their field, it involves holding others back so that the less qualified can take their place. In the US we have seen this over the years with Affirmative Action where race is a qualification over the experience that someone might have. Some will argue that is not how it works but considering the tax breaks and other incentives that these organizations receive for percentages of their staff being of a certain background the hiring process is not about filling the position with the most qualified but checking off a box on a list of whatever racial, sexual orientation, or gender they need to appear “woke.”
So not only should you prepare for being unemployed if you are a straight white male, it gets better.
“By 2030 you will own nothing and you will be happy.” Klaus Schwab, World Economic Forum 2020
“Planned yet adaptive, sustainable, and equitable downscaling of the economy, leading to a future where we can live better with less.” Page 64
The economy is not intended to recover. Your retirement plan of a 401K is not on the agenda. Owning a house with land is not on the agenda. If you enjoy a hobby of collecting action figures, typewriters, Knick Knacks, vinyl records, etc. Forget about it. Your pursuit of happiness is not their concern. The constitution as a document for civil order in the US is in the way and expect amendments to start dropping like flies over the next decade. Your right to free speech is already gone with the social apps regulating speech and even removing people for “wrong speech.” All of the scariest parts of 1984 are coming true and in full effect. The last election was rigged, even though they all are, to an extent never before seen and for the purpose of imposing these policies through executive order bypassing the legal route of congress.
On 2-14-2021 President Biden stated his intent to have new gun laws in place overriding the 2nd amendment of the constitution. He is calling for gun registration. The limiting of “large capacity” magazines. The collection of “assault rifles” or the registration of. Much of this is included in the bill HR 127 which would be an organized confiscation of firearms across the country. With annual fees too high for most people to afford and insane standards to pass in order to have a license this bills set up the country for another massive confiscation of wealth with the loss of thousands of dollars per person with nothing in return. Once they take the guns, they can take whatever they want after that. Your liberty is gone and that is what the Great Reset is all about.