Friday, January 17, 2020

Orlov's 2020 Predictions

Dmitri Orlov has been right a lot.  I was reading the links to him at Zerohedge as far back as 2009.  There are also videos of him out there speaking: interviews, panel discussions and debates.  One of the great things about the internet is you can see the author talk, which allows you get get some insight toward his credibility.  Orlov has a lot of credibility.

New year prediction are usually worse than useless.  Orlov, who seems to gravitate toward the doom and gloom approach, nonetheless says it like it is, and it's worth paying attention to some key statements, because they're right:

"Meanwhile, a shrinking physical economy obscured by runaway debt remains on a collision course with reality; once the collision takes place, the result will be similar to what happened during the financial collapse of 2007-8, except that the desperate financial manipulations that were then used to arrest it will no longer work at all and the physical economy, which is already languishing, will grind to a halt."

The tools used in 08: QE, Interest Rate Manipulation, a full court press propaganda campaign for banks, bailouts.... there's no way they'll work this time.  Peter Schiff says the same thing.

"With regard to politics, the US has already stopped functioning. The ruling elite has split up into two warring camps which are now treating each other with the same viciousness, malice and disdain they have previously reserved for foreigners. This development is inevitable: faced with their own full-spectrum failure, the elites have been forced to search for a scapegoat—anybody but their own beloved selves—and have found… each other, of course!"

As the Elites are scapegoating everyone they can.  I noticed it early when suddenly, 'white privilege' and 'invisible backpacks of privilege' became regular sayings around 10 years ago on college campuses.  It makes sense.  Go to any Democratic Party city, and look around.  You can't blame any of those people for Detroit, Flint, Chiraq, poop infested San Francisco....  so you have to blame phantoms.

Orlov sees it clearly.  So should you.  






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