The False Promise of a "Soft Landing": A Global Economic Slowdown is Already in Progress
Authored by Brandon Smith via Alt-Market.us
Questioning the Accuracy of Mainstream Economic Predictions
If there's one lesson to be learned from the past few years of economic forecasting by Ivy League elites and TV pundits, it's that the so-called "experts" are often wrong. In contrast, alternative analysts tend to have a better track record. When mainstream economists make a prediction, the opposite usually turns out to be true.
Alternative economic predictions are often ahead of the curve. What might be dismissed as "doom-mongering" or "conspiracy theory" today often becomes common knowledge in three years or less. The mainstream "experts" then claim they "saw it coming all along," taking credit for financial predictions they never made. This pattern is a familiar one to those of us in the alternative media.
I've been warning about the threat of an impending stagflationary crisis for years, which eventually struck hard in the "post-pandemic" US. The establishment gatekeepers denied such a thing was possible. When it happened, they claimed it was "transitory." Now, they argue that a soft landing is imminent and there's nothing to fear from trillions in helicopter money being pumped into the system. They claim nothing of significance will change.
Central Banks: The Root of Economic Problems
There are only two logical reasons for central bank-induced inflation: to mask the effects of a massive deflationary slowdown caused by excessive debt, or to deliberately trigger a currency collapse. Both motives could apply simultaneously.
Central banks don't just facilitate inflation at the behest of governments; they dictate to governments what to expect and how to present it to the public. Central banks write their own policy and control their own mechanics. Governments have no say whatsoever in their operations, as Alan Greenspan once openly admitted.
The reality is, governments go begging to central banks, and the banks decide whether or not to provide that sweet stimulus nectar. Politicians regularly collude with central banks and defer to bankers on a range of economic decisions. Economic advisers to the US president almost always include high-level central bankers who then cycle right back into the Federal Reserve.
Inflation Addiction and the Ultimate Catch-22
Inflation for banks is not only a tool for fiscal change but also social change. It's not a coincidence that financial crises always lead to more centralization of global power into fewer hands; this is by design. Inflation allows the establishment to delay or initiate a crisis with greater precision.
An even more potent tool is the WITHHOLDING of stimulus and cheap money once an economy is addicted to the flow of fiat.
The Great Global Slowdown Has Already Started
In the past six months, both the World Trade Organization and the World Bank have released statements warning of an impending global slowdown. After an initial surge in exports and imports caused by massive pandemic stimulus measures, the effects of the helicopter money are now fading. By the end of 2024, global trade will register the slowest growth since the 1990s.
The UN also suggested growth deceleration was coming in the next year due to falling investments and subdued global trade. The alternative media has been warning about this outcome for the past couple of years at least as covid funding dried up. Globalist institutions are simply informing the public at the last minute; too little, too late.
Conclusion
In conclusion, it appears that the global slowdown will become undeniable in the next six months, either right before the US elections in November, or right after. Central banks have chosen to create this Catch-22 and they are, for whatever reason, stalling the big drop.
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