Since our post ‘The Spectre Of Weimar Hanging Over Europe’ was penned, Britain has lurched from one crisis to another.
At the time of writing this update, the Government has decided to raise National Insurance by £250 per year. Gas prices have increased by over 200% in a matter of months, leading to over a dozen energy suppliers going out of business. Petrol is at its highest price since 2012. Certain foodstuffs are in short supply with bare shelves a common sight in many supermarkets.
We have also been warned that products for the Christmas consumer fest may also be insufficient for the demand. It has been reported that people are already panic-buying toys and turkeys just in case. On a more serious note, the NHS is creaking to a halt, with millions of operations and minor treatments being shelved. It is almost impossible to see a GP in person, with patients who ring for an appointment typically waiting in a queue with over 50 others.
The fact that our population has increased by over 8 million in 17 years, and is constantly being added to by illegal immigration (think of the Channel invaders), isn’t something that our ‘leaders’ like to discuss.
The lack of HGV drivers is blamed on ‘Brexit’ forcing foreign drivers to leave Britain. Yet we are told there is a shortfall of 100,000 drivers, whilst only 15,000 foreign HGV drivers were working here. Years of employers being able to pay the minimum wage, knowing that their vacancies would be filled by East Europeans, has finally come home to roost.
The National debt still climbs, reaching £2.17 trillion or about 98.5% of GDP, the highest ratio since March 1962. In the first year of the pandemic, from April 2020 to 2021, it borrowed £299bn, the highest figure since records began in 1946. The government is expected to borrow less in the current year, April 2021 to 2022, though the figure could still be more than £200bn. This has all to be paid back, with interest, by ‘real’ money. The controlled media have even started to warn about what lies ahead.
“But the great reckoning is to come. History tells us that there is typically an 18 month to two year time lag after a crisis before the proverbial rug gets pulled.”
“It is not over egging it to suggest that within the next 12 months we could see national debt racing towards three trillion pounds and unemployment at around four million.”
The Daily Express
The months and years ahead will be a time of opportunity and danger for our people. We must build now and prepare for the coming storm.
The Great Reset is real, it’s happening now and will lead to devastation worse, “much, much worse”, than the Weimar Republic, a German economist has warned.
The Coming Crisis
Treasury insiders believe the pandemic could leave a long-term deficit of more than £40billion – equal to about 8p on the basic rate of income tax. The crisis has also led to record borrowing of almost £400billion, pushing the national debt to £2.1trillion.
The cost of such emergency measures, together with the hit to tax revenue triggered by the slump, is set to push the budget deficit to the widest since World War II, according to the Office for Budget Responsibility.
“Most people have not noticed yet because at the moment governments can afford to give them subsidies and welfare payments. But the question is: ‘For how long?’ We know this money is coming to an end and that it will soon be over. Next you will see massive unemployment all over Europe as one country pulls down another country.”Dr Antony Mueller, Professor of Economics
In the coming months, years and even decades, the world as we know it will change radically. As Dr. Mueller explains in his interview, in the aftermath of WW1 the whole economy suffered a meltdown. Large employers were particularly affected, whilst smaller family business’s, in many instances, managed to muddle through. This time things will be different.
Dr Antony Mueller, Professor of Economics at the Federal University of Sergipe in Brazil, says that the Chinese coronavirus ‘pandemic’ is being used as cover by the globalist elite to destroy small businesses and hasten a new world order based on “expertocracy, climate green religion, and brutal depopulation”.
This globalist elite – inspired by the World Economic Forum’s ‘Build Back Better’ campaign for a ‘Fourth Industrial Revolution’ and by the United Nations’ Agenda 2030 – are killing Main Street, together with thousands of jobs, by keeping economies across the Western World in near-permanent lockdown.
As Dr. Mueller puts it: “We are seeing the destruction of the economy in all Western countries – from the U.S. and Canada to New Zealand and Western Europe. 2020 has been a big catastrophe in the making. It’s just not here yet but it will be worse – much, much worse – than Weimar1.”
“It was the decline of Germany’s Weimar Republic – a period of high unemployment, deprivation, and hyperinflation – which led to the rise of Hitler. But however bad it might have been, the coming depression is going to be much worse because society is more atomised and less family-oriented and religious.”
“In Weimar you still had large parts of the population who were religious – which gave them a sense of community and mutual help. They also had strong families. Now from Spain to Ireland, you have single households, which is going to make it much harder for people to survive.”
“The other factor which is going to make this depression almost uniquely horrible is that because all the small businesses are being methodically and deliberately wiped out by government fiat2, there will be nothing to make ordinary life bearable.”
“We know, for example, that Argentina has had economic crashes. But they were always survivable because there were always small businesses – you could get your car repaired, go to the butcher for meat, the bars and cafes stayed open. In this new crash the bars and cafes will be all closed.”
This has nothing to do with the virus, says Professor Mueller, and everything to do with government policy: “The real pandemic will be the effect of the lockdown. Most people cannot comprehend it because the dimension explodes anything we are used to.”
“We had a foretaste in 2008. You remember the pictures of lines of people waiting to draw their cash from the bank? This could well happen because you will have a collapse of credit… Unemployment will come. The government will have no funds. It will be mega inflation or a major contraction.”
“One should not bank on having money. People say: ‘Oh I have a pension.’ But the government won’t be able to pay your pension. ‘Oh I have some savings.’ But you won’t have any access to your savings account.”
Dr. Mueller ends by saying: “I hope it will not happen. I do not make prophecies. I only see the implications of what is happening now with lockdowns, what the future looks like.”
I am old enough to remember the headline in a racial Nationalist street paper after the Brixton race riots in the early 1980’s. It said simply ‘Economic Decline And Racial Unrest = The Nationalist Road To Power. Maybe that forecast is at last going to come true? We shall have to wait and see.
1 The Weimar Republic is the name given to describe Germany from 1919 to 1933, the period after World War I until the rise of National Socialist Germany. During the years of the Weimar Republic, Germany experienced extreme economic inflation and depression. In November 1923 during the time of hyper-inflation, the German mark, which had traded at 4.2 to the American dollar in 1914, was trading at 4.2 trillion marks to the dollar.
2 Fiat – the giving of orders by someone who has complete authority.