But perhaps since the Great Depression, none has been as significant compared to what is seemingly unfolding in China right now. “Return our money” the Evergrande protestors chanted at Evergrande headquarters in Shenzhen in 2021. The song book is eerily similar at bank branches in a number of China’s rural provinces right now.

Multiple sources contacted by Asia Markets, have confirmed deposits at six banks have been frozen since mid-April. It’s understood the banks with branches across the Henan and Anhui Provinces successively issued announcements in April, stating they would suspend online banking and mobile banking services due to a system upgrade. At the same time, clients reported their electronic deposits in online accounts, mobile apps and third-party platforms could not be withdrawn. This led to depositors rushing to local bank branches, only to be told they were unable to withdraw funds.

Blogger, Jennifer Zeng, has reported major issues with withdrawing cash from banks in Shanghai in recent days. The uncertainty no doubt exacerbated by the prospect of more lockdowns as COVID cases again spike. “All banks in Shanghai have restricted depositors from withdrawing money… A bank run is about to sweep China,” she said.

As HSBC China’s Xuefang Liu puts it, “The rise of China as a global economic power has caused concern that a crisis in Chinese banking could lead to a worldwide downturn similar to the Global Financial Crisis.” While many analysts believed China’s banking system was widely immune to the Evergrande Crisis, cracks are beginning to emerge and should this bank run intensify, already volatile global markets could be faced with a black swan event even more significant than Evergrande.

But that all changed on Friday last week, when key inflation figures released to the public ended up being much higher than the corporate media had been reporting. I had a feeling that all hell would break loose when the markets opened on Monday morning, and sure enough that is exactly what happened today.

Here are some headlines from the Alternative Media earlier today after the markets opened: Five US Megabanks Have Lost $300 Billion in Market Cap in One Year; Crypto Is in Meltdown this Morning; The Fed Will Hike Rates Further on Wednesday.

With this decision, the ruling class has set into motion the biggest rearmaments spiral since the fall of the Nazi regime. In the words of Chancellor Olaf Scholz (Social Democratic Party, SPD), Germany — already ranked fifth among countries with the highest military budgets — will in future have “by far the largest conventional army in Europe.”

The rearmament of the Bundeswehr that has now been decided is without precedent in the history of postwar Germany. It has unmistakable parallels to Hitler’s “rearmament” of the 1930s, when the ruling class installed a fascist dictatorship and rearmed the country within a very short time, preparing it for World War II. The strategy documents of the military and the war speeches of leading politicians leave no doubt that the government is once again pursuing the old “great power” goals.

Then, as now, German imperialism aspired to bring Europe under its domination and to emerge as a leading military world power. “Germany’s destiny: to lead Europe in order to lead the world” was the title of a post on an official Foreign Ministry website back in 2014. Now these plans are being put into action, with all their consequences.

At the heart of the postwar order, in other words, is the unique status of the world’s third- and fourth-largest economies. Although that order has come to seem natural to many in the West, it is predicated on an arguably unnatural condition: the forced pacification of two countries that — owing to geography, demography, and history — had predictably become regional hegemons in the prewar modern era.

Russia’s invasion of Ukraine — and the growing antagonism between the United States and China — is threatening to upend that status quo and with it Pax Americana, which has held since the end of World War II. In response to Moscow’s aggression, Germany has fundamentally reoriented its foreign policy, pledging to radically increase defense spending and taking a hawkish line on Ukraine. And Japan, wary of China’s quest for regional hegemony, seems closer than ever to a similar transformation.

In the short term, these shifts may precipitate a consolidation or even a revival of the West. The war in Ukraine has increased the dependence of Germany and Japan on the United States and led to levels of cooperation not seen since the Cold War. But if Germany stays on its new path and Japan embarks on a similar one, something like the opposite could happen as both countries become less dependent on the United States and more closely linked to their neighbors.

Enormously powerful, regime-connected institutions like Blackrock and Vanguard, with a combined $18 trillion dollars in assets under management, continue to appeal to the carbon scam, because it forces compliance under the guise of “saving the earth.” These individuals and groups truly believe that humans are to blame for the harming of Gaia. In order to prevent the apocalypse, they tell us, we must largely cease to exist, and eliminate our “carbon footprint.” If it means unaffordable reliable energy, that’s a feature, not a bug.

NGOs like the World Economic Forum (WEF), the narrative and ideas shop of the ruling class (they popularized the infamous Build Back Better and The Great Reset slogans), presents itself as the organizational power behind the eco justice warrior movement. But unlike the True Believers, the WEF, similar to its ruling class comrades, leverages this movement to stay atop the global power hierarchy.

In short, all of these forces have adopted the Marxist adage that the ends justify the means. So according to this doctrine, it’s okay to lie to people in order to bring about “utopia.” All of the major forces behind the “green transition” movement don’t actually care in the slightest about the environment. Those with genuine interest in enforcing the “green” doctrine — the scientifically inept eco justice warriors — are mere useful idiots for power hungry monsters.

He says this has been going on for decades and there’s no way to fix it and that the US got away with this for so long, because the US dollar is the world’s reserve currency. When the US Government prints trillions, it is thereby robbing Americans and the entire world in what he calls the biggest theft in history. He says the total US debt is at $90 trillion, which together with $169 trillion in US unfunded liabilities totals $259 trillion, which is $778,000 per US citizen or $2,067,000 per US Taxpayer.

Now, the value of all US assets combined: every piece of land, real estate, all savings, all companies, everything that all citizens, businesses, entities and the state own is worth $193 trillion. Our total debt, $259 trillion minus our total net worth, $193 trillion equals negative $66 trillion of debt and liabilities after every asset in the US has been sold off. So even if the US could sell all assets at the current value, which is impossible, it would still be broke.

This is where the ‘Great Reset’ comes in and he asks, “Is it a controlled demolition of the global markets, economies and the world as we know it? A shift into a new dystopian future where the elites are the masters of the slaves without the cosmetics of democracy?” He notes how the world has changed so much in recent years and how nothing seems to make sense anymore.

“The world economy is being collapsed, the food supply system is being destroyed, the energy that we rely on to maintain civilization is being curtailed and eliminated and we’ll be forced into the Great Reset where we will own nothing.”

Of course this all comes at a really bad time, because there is already way too much lawlessness in the streets of many of our largest cities. For example, a gang of professional looters brazenly looted a grocery store just one mile from the US Capitol on Tuesday… As I have detailed in previous articles, we have seen crime rates spiral out of control all over the nation over the past few years, and now we are about to add a spike in politically-motivated violence to the mix.

If you don’t want to believe me when I tell you that politically-motivated violence is coming, perhaps you will believe the Department of Homeland Security… The Department of Homeland Security (DHS) issued a ‘heightened threat advisory’ on Tuesday, warning of an increased risk of ‘mass casualty violence’ nationwide fueled by extremist ideologies and personal beliefs. Incidents could be motivated by the looming Supreme Court decision that could wipe out federal abortion protections granted by Roe v Wade.

Sadly, these sorts of attacks are already happening. And as I have covered in previous articles, surveys have consistently shown that Americans favor keeping Roe v Wade by a margin of about two to one. Let me give you one more number to consider. According to Gallup, only 13 percent of Americans want abortion to be illegal in all circumstances.

Weaponizing surveillance, pre-crime and pre-thought campaigns. Surveillance, digital stalking and the data mining of the American people add up to a society in which there’s little room for indiscretions, imperfections, or acts of independence. When the government sees all and knows all and has an abundance of laws to render even the most seemingly upstanding citizen a criminal and lawbreaker, then the old adage that you’ve got nothing to worry about if you’ve got nothing to hide no longer applies.

Add pre-crime programs into the mix with government agencies and corporations working in tandem to determine who is a potential danger and spin a sticky spider-web of threat assessments, behavioral sensing warnings, flagged “words,” and “suspicious” activity reports using automated eyes and ears, social media, behavior sensing software, and citizen spies, and you having the makings for a perfect dystopian nightmare. The government’s war on crime has now veered into the realm of social media and technological entrapment, with government agents adopting fake social media identities and AI-created profile pictures in order to surveil, target and capture potential suspects.

The end goal of these mind control campaigns — packaged in the guise of the greater good — is to see how far the American people will allow the government to go in re-shaping the country in the image of a totalitarian police state. The facts speak for themselves. Whatever else it may be — a danger, a menace, a threat — the US government is certainly not looking out for our best interests, nor is it in any way a friend to freedom.

Imagine the audacity it takes for a company who is ostensibly helping to stop a pandemic, to tell people they can’t have their “life-saving” medicine unless said company can harm them with impunity. There is no need to imagine, as this is the situation in which we currently find ourselves.

Refusal to take responsibility for a product with many known side effects — which was mandated on people throughout the world without their consent — naturally doesn’t sit well with folks who care about their health. For this reason, a massive black market formed around fake vaccination certifications for people who didn’t want to lose their livelihoods or worse, over forced vaccinations.

While we were told that this black market was the work of criminals and staunch antivaxxers, an investigation in Spain found that more than 2,200 famous people, including top medical personnel and the leader of one of the country’s largest pharmaceutical companies — have been buying fake vaccination certificates.