“The goal of socialism is communism.” Vladimir Lenin
Inferential Analytics (IA), the forecasting method we have created and use, has generated a new theme. IA themes define significant macro developments that are in progress. IA themes almost always become full-blown realities in time. This is our first article about the new theme, which is particularly threatening and disturbing.
If this theme develops as the IA model projects, the resulting new reality will have a profound effect on every United States citizen living either within or outside the country. (U.S. citizens are taxed no matter where in the world they reside.) While the entire American experience will be re-shaped by this new reality, citizens’ financial freedom, and therefore their overall liberty is particularly at risk. This theme extends beyond the United States, especially to Europe, but in this article we will focus on the U.S. situation.
Before introducing and detailing the new theme, here is some context.
Until now, the United States has been able to fund its massive, structural deficits and debts by leveraging its unique position as issuer of the world’s reserve currency, the dollar, frequently referred to as the petrodollar. The dollar’s reserve privilege has enabled the nation to artificially enhance America’s financial quality of life by creating out of nothing colossal quantities of the currency. By perpetuating a system that forces other nations to use the dollar, strong, unnatural demand has kept the currency from imploding in value despite its hyper-creation.
Among other things, this currency privilege has hidden rapidly escalating corruption within the American financial and economic system. The costs of this corruption have been funded by chronic deficits and surging debt; in other words, by excess currency creation, or money printing. If the costs of this corruption had, instead, been forced to be paid from the existing, and not an inflated money stock, the economy would have collapsed by now from the leeching of the lifeblood of any truly capitalistic system: namely, capital.
As the techniques of monetary debasement, deceit and plunder have become more sophisticated, reckless and brazen, the looting of the American economy has expanded to an epic degree. For example, we now know for a fact that the United States Army alone (not the military, just the Army), cannot account for $6,500,000,000,000.00 ($6.5 trillion) of the money it has spent. Despite the astronomical amount of this missing money, it is a drop in the bucket compared to the total number of trillions that have been plundered from the nation by establishment corruption.
In the mid-1990s, when the escalating corruption within the Wall Street-centered global monetary and financial system had become so obvious that the Establishment eleech (our term for the “elite,” a word we no longer use because it does not describe their now totally parasitic nature) could no longer deny it with a straight face, a new term to describe the system was concocted: Crony Capitalism.
The term Crony Capitalism was meant to imply that the system remained capitalistic, even though a bit of cronyism had crept into it around the edges. Further, the term implied that it is natural for a certain amount of cronyism to accompany any capitalistic system, and that people should not be concerned about it, as it is a normal and expected development.
This was blatant propaganda and a lie. The term Crony Capitalism is a fundamental contradiction in terms, and a fallacy. It is like saying, “healthy corpse,” “honest thief,” “trustworthy liar,” or “loyal snitch.” Cronyism pollutes and destroys capitalism. They are natural enemies and polar opposites, and they cannot legitimately or naturally co-exist.
Through constant repetition, which is how lies are dressed up to appear true, the term crony capitalism took hold, and became the descriptor for what we were expected to believe was a slightly imperfect, but still fundamenally healthy and vibrant form of capitalism. This falsehood was believed, until now.
Today, people in nations around the world have figured out that the United States is deep within a debt vortex from which it can never escape; that its structural deficits are uncontainable unless the system flat-out collapses; that the dollar is a massive figment of the imagination, supported only by an ephemeral confidence completely disjointed from any logical justification for it; and that the nation’s socio-political reality is fractured, dysfunctional and irreversibly disintegrating at an accelerating rate.
Therefore, these international players are increasingly unwilling to play the dollar game, and are progressively withdrawing from the field. While the U.S. government and Crony Class are doing everything possible to keep the game alive, it is now obvious that they are failing.
With the United States approaching a time when it can no longer fund its structurally and systemically defective financial, monetary, economic, fiscal and socio-political contraptions with a combination of currency counterfeiting and the subtle extraction of wealth from the rest of the world, it is being left with only one means by which to perpetuate itself: plundering the private wealth of its own citizens.
This is the theme that has been identified by Inferential Analytics. We have named it: “Crony Communism.”
Crony Communism takes the absolute worst aspects of every former, parasitic national operating system that has existed in history, including socialism, communism, colonialism, tribalism, totalitarianism and statism and blends them into a new, malevolent, deceitful, destructive, deadening, militaristic, hyper-corrupt, soulless, and thoroughly evil form of human command and control. Its total financial and human cost will be unprecedented, if it plays out as the IA signals indicate it most likely will.
Crony communism is the actual “fundamental transformation,” or better termed “fundamental destruction” of the United States of America that Obama promised in 2008. The people should have listened to him more carefully when he said that, because he wasn’t kidding around.