I wrote the following essay in October 2018 for subscribers of my investment advisory, Crisis & Opportunity. Parts two and three follow tomorrow and Wednesday.
I wanted to republish it because I think it helps to put the current state of global politics and economics into context.
I’m pretty sure you won’t read this analysis anywhere else. I’m not saying it’s the correct way to look at things. But it is at the very least interesting given what we know about the refusal of the establishment to carry out Brexit, and the constant plotting to take down US President Trump.
‘To achieve the Leviathan state, interests seeking special privilege, and intellectuals offering scholarship and ideology, must work hand in hand.’
‘The control of the production of wealth is the control of human life itself.’
‘Permit me to issue and control the money of a nation, and I care not who makes its laws!’
Mayer Amschel Rothschild
‘All power corrupts. Absolute power corrupts absolutely.’
‘America is governed by Americans. We reject the ideology of globalism and we embrace the doctrine of patriotism.’
Donald Trump, speech to the
UN General Assembly, September 2018
Donald Trump’s America is a very different place to the one that existed just a few years ago.
If you listen to, or read the establishment media, his presidency is a disturbing development. He is a threat to democracy. He is of unsound mind, presiding over a ‘chaotic’ administration.
The facts don’t quite bear this out though. Two years into Trump’s presidency, the US economy is the strongest developed economy in the world. The US dollar is also strong, and unemployment is the lowest it’s been in decades.
Despite claims that Trump would be a disaster for the economy, he’s been anything but. The US economy is humming.
Having said that, the economy is due for a downturn. As I have pointed out on a number of occasions this year, the business cycle is long in the tooth. The recent turn in the stock market is likely warning of tougher economic times ahead.
But I’m not going to talk about the market in this month’s issue. I want to tell you about a far more important development. Nearly everyone is missing it because of the mainstream media’s hatred for Trump. Their objective is to get him out of office, rather than report honestly on what he’s doing.
As you’ll see in this three-part research report, beginning with this issue, Trump is undertaking a massive project to reverse 100 years of ‘globalisation’.
Part I explains the dark side of globalisation, and looks at who the winners of the movement really are. It explains how the process was deliberately engineered more than 100 years ago, and focuses on the emergence of ‘the beast’ — the US Federal Reserve.
Next month’s issue will continue through the 20th century and explain how the tentacles of global institutions got progressively tighter around the world’s wealth.
The first two parts provide the context for the finale, part three, which ties it all together and explains the potential long-term implications of Trump’s ‘undoing project’.
In my view, there is a good chance that Trump will be around for four more years after the 2020 election. That means six more years of Trump. It’s therefore vital you understand what his long-term economic policy is. It will put you well ahead of the market when thinking about how to manage your portfolio.
Why Trump will get re-elected
At this point you may be wondering, if Trump is so hated, how will he get re-elected?
To help answer that question, read the following snippets from one of Trump’s speeches from the 2016 Presidential campaign. It explains a lot…
‘Our movement is about replacing a failed and corrupt political establishment, with a new government controlled by you, the American people. The Washington establishment, and the financial and media corporations that fund it, exist for only one reason; to protect and enrich itself.
‘The establishment has trillions of dollars at stake in this election. For those that control the levers of power in Washington, and for the global special interests, they partner with these people, that don’t have your good in mind.
‘Our campaign represents a true existential threat like they haven’t seen before. This is not simply another four year election. This is a crossroads in the history of our civilisation, that will determine whether or not, we the people, reclaim control over our government.
‘The political establishment that is trying to stop us, is the same group responsible for our disastrous trade deals, massive illegal immigration and economic and foreign policies that have bled our country dry.
‘This election will determine whether we are a free nation, or whether we have only the illusion of democracy, but are in fact controlled by a small handful of global special interests rigging the system…and our system is rigged.
‘The Clinton machine is at the centre of this power structure. We’ve seen this first hand in the Wikileaks documents, in which Hilary Clinton meets in secret with international banks to plot the destruction of US sovereignty, in order to enrich these global financial powers, her special interest friends, and her donors.
‘The most powerful weapon deployed by the Clintons, is the corporate media, the press. Let’s be clear on one thing, the corporate media in our country is no longer involved in journalism. They’re a political special interest, no different to any lobbyist or other financial entity, with a total political agenda, and the agenda is not for you, it’s for themselves.’
This is a very powerful message. It resonated with enough people to get him elected. And now his policies are ‘working’, more people are seeing through the media spin. That’s why I believe Trump’s support is likely to grow.
Clearly, Trump is not part of the ‘establishment’. Based on his speech (above), now you have some idea why the establishment (via their liberal media arm) attack him relentlessly. He really does represent an existential threat to their stronghold on power.
That’s why the Democrats are desperate to win the mid-term elections so they can try to impeach him, and shut down the investigations currently going on behind the scenes to expose ‘deep state’ criminality.
But how did this deep state become so embedded within the US system of government? What is it they are trying to do? And what, exactly, is Trump trying to undo?
In short, team Trump (it’s not just him) see globalisation as a threat to US sovereignty. They believe global institutions have amassed significant power and influence to enrich themselves at the expense of the common person, yet they do not answer to any electorate.
They believe that successive governments (Democrats and Republicans) have allowed banking and corporate interests to ‘rig the system’ for their own benefit. And the corporate media is in on it too, helping to drive a narrative that supports the tenants of globalisation.
Tomorrow, I’ll take a look at ‘globalisation’ and see what sort of society it has produced…
PS: There’s a BIG surprise coming for the AUD in 2020. Click here to find out what it is (free report)