BOOM’s EXPECTATIONS REVIEWED – Biden and Trump – Much More to Understand than Dementia – Threat Ideology; What is That? – Propaganda; Can You Recognise it? – Stay Safe, or Not? – [07-02-24]

Direct from BOOM Finance and Economics at the links below

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BOOM EDITORIAL THIS WEEK

 

BOOM also expected the Crypto market (especially Bitcoin) to begin weakening along with other speculative commodities including Gold, Silver, Uranium, Copper. All fell through the week except for an unconvincing rise by gold of 0.36%.

The Grayscale Bitcoin Trust ETF subsequently fell 6.66% over the week.  The Proshares Bitcoin Strategy ETF fell by almost 7.0%.  The Van Eck Ethereum Strategy ETF fell b3.66%.  Gold managed to hold on to a small gain of 0.36% and Silver weakened by 0.18%.  Uranium fell by 1.54% and Copper fell by 1.14%

BOOM also expected the Swiss Stock Market to begin weakening after the surprise interest rate cut by the Swiss National Bank.  The Swiss SMI Index fell by 0.15% while the CH20 unconvincingly rose by only 0.61%. The interest rate cut has not inspired investors in Swiss stocks.

THE US PRESIDENTIAL DEBATE – JOE BIDEN VERSUS DONALD TRUMP. THERE’S MUCH MORE TO UNDERSTAND HERE THAN DEMENTIA.  BOOM was listening to the US Presidential Election debate last week between Joe Biden and Donald Trump on the car radio. Thus, there was no visual impact and BOOM had to listen only to the words being spoken.

There was almost no significant difference in what each was saying. “He is the worst President ever” was met with “He was the worst President ever”. On and on it went, with the combatants exchanging insults with little other content. There was no great vision for the future, no defence of any political philosophy, no detailed outline of policies, almost no facts, some incorrect facts, no demonstration of deep Geopolitical insight or great leadership skill.

It was simply awful. Even the mainstream media in the US seems to now agree that Joe Biden is suffering from dementia and must not be allowed to continue in office. In comparison, Trump is certainly no great intellectual force either. Listening to them on the radio, both men appeared to be well past their sell date.

Biden is almost 82 years of age. His 82nd birthday will be just after the election. Trump has just passed his 78th birthday. So why are we stuck with this rather strange pantomime of an election debate? Are these two geriatric fossils really in charge of the United States – perhaps they’re not?

In the Western world, we are no longer ruled by the promises of political ideologies. Communism, Capitalism, Democracy, Conservatism, Liberalism, Egalitarianism, Socialism, Anarchism, Fascism, Nationalism have all been consigned to the rubbish bin of history.  Those ideologies are no longer of any use in political discourse. Most people don’t really know what they mean, and that includes most politicians. Because of this, conflict between political parties (and nations) based upon opposing ideological positions has been largely relinquished.

We are left with two superannuated dodos, who don’t seem to be very talented, arguing over who is “the best” to become President of the United States. At one point, they engaged in an argument over their respective golf handicaps. It was like listening to two children arguing in a school yard, exchanging insults. Or perhaps, two argumentative dinosaurs in a retirement village or nursing home, exchanging insults.

As far as BOOM can recall, neither of them has ever displayed any in-depth knowledge of the US economy. Neither of them would have any firm idea of how the US government’s budget deficit is financed. Neither of them would have any deep knowledge of history. They specialise in ambition and that ambition serves powerful interests. That is why they have been selected.  Why is this happening?

BOOM’s view is that, in our Brave New World of 2024, almost all the politicians in the Western “advanced” nations and their various political factions have joined forces. There are no longer any real differences. The cynical view is that their controllers have simply decided to abandon any pretence of democracy based upon reasoned debate.

Since the beginning of the 21st century, Western politicians have moved more and more towards cementing their group power into an alliance against The People, the voters. To that effect, they have disengaged with what was once known as politics. They now seemingly promise only one thing – “I am better than him/her”.

They go on and on – “He will be worse than me”. “No, I will be better. He will be worse”.  “I will be a better President than him”. “No, he will be worse. I will be better”.  But, it’s not that simple. They actually also share a common, shared strategy — the strategy of Threat Ideology.

THREAT IDEOLOGY – WHAT IS THAT? — AND WHY?  What is Threat Ideology and why is it being used? [Beware: BOOM can be cynical when discussing politics.]  (Almost) all politicians now use Threat Ideology to subdue and control the voting public. They see the People as the enemy and they seek to control that enemy. Why?

The question is easy to answer. Their goal is to maintain their privileged positions of power and influence, not to mention their lavish life styles, fame, and compensation packages. After all, as Lord Acton, the 19th century British politician once observed — “power corrupts and absolute power corrupts absolutely”.

POWER CORRUPTS – So achieving Power has become the sole motivation, along with the quest to maintain that power or, at the very least, to continue to have significant influence. This applies to politicians, political parties and nation states. Of course, sociopaths and psychopaths interested in power are attracted to politics but that is a subject for another day.

Let’s look now at the modus operandus (MO) of almost all politicians in the West today.  The Merriam Webster dictionary defines MO as follows (with BOOM’s addition in brackets) “The meaning of MODUS OPERANDI is a method of procedure; especially: a distinct pattern or method of operation that indicates or suggests the work of a single criminal (or group of criminals) in more than one crime.”

The method of operation in all politics in the Western “advanced” nations is now the use of Fear as a manipulative weapon. Fear is the major component of Threat Ideology, the sine qua non, the means of operation, the driving force. Why has this happened?

In BOOM’s view, this has happened because politicians who stand for nothing and who have no coherent philosophy of thought and coherent plan for the future must ultimately stand for only one thing and one thing alone – and that is their quest for power above all else.

But they must hide this quest because it is too hideous, too embarrassing to admit. They pay lip service to political ideology but that is becoming rarer over time. And so, almost ALL of them have decided that their power is best achieved and maintained by keeping people (the voters) fearful, anxious, uncertain and thoughtless. This is a clever strategy, carefully conceived by their handlers.

Their Modus Operandi is to endlessly identify threats and bring them forward to the public one after another (aka Polycrsis). They do not allow a pause for calm reflection or reasoned debate. They do not want to engage in either of these things. And they certainly do not want the people/voters to do so. The mainstream media is complicit in this strategy and thus, it appears to be completely coordinated and controlled.  Even the Presidential Debate boiled down to just two identical claims with implied threats.

  • He is a great threat to the nation”.
  • No, he is the greatest threat to the nation”.

The Promise of the political class is to deliver to the audience a state of “safety”, protected from THE THREAT (or threats) — whichever is currently fashionable.

Their suggestion is that they can somehow, magically manage all the numerous threats and deliver “safety” to the people. There are military overtones here. Threat identification. Adversarial identification. Planning responses. States of Emergency.

For well over a decade now, you have been prepared for these messages by being endlessly bombarded with “STAY SAFE” messages. The mainstream media plays a large part in producing heightened anxiety as each “threat” is identified, exagerated and planned against. [AP calls this the Polycrisis]

Readers will be familiar with the following (incomplete) list of commonly used political threats presented in no particular order. Everyone will have heard them:

  • The “China Threat” (“in the South China Sea”)
  • The next “Dangerous Virus Threat” (Disease ‘X’)
  • The “Communist Threat”
  • The “Cybersecurity Threat”
  • The “Russia Threat”
  • The “Bird Flu Threat”
  • The “Climate Change Threat”
  • The “Wildfire Threat”
  • The “Global Boiling Threat”
  • The “Nuclear War Threat”
  • The “Extreme Weather Threat”
  • The “Nuclear Energy Threat”
  • The “Climate Action Failure Threat”
  • The “Biodiversity Threat”
  • The “Inflation Threat”
  • The “Threat of ‘excessive’ Global Debt”
  • The “Infectious Diseases Threat”
  • The “Peak Natural Resources Threat”
  • The “Peak Oil Threat”
  • The “Food Shortage Threat”
  • The “Global Poverty Threat”
  • The “Asset Bubble will Burst Threat”
  • The IT Infrastructure Cyber Breakdown Threat”
  • The “Immigration Threat”
  • The “Banking Crisis Meltdown Threat”
  • The “Social Security Collapse Threat”
  • The “Hyperinflation Threat”.

BOOM saw reference to two new “threats” in the mainstream media. “The Three Toed Sloth Virus is coming to get you” STAY SAFE! And, if that doesn’t get you then, “the Zika Virus will”. “Health officials panic as human cases of deadly ‘three-toed sloth virus’ explode. The Zika-like virus found in sloths is spreading to humans as scientists fear it has the potential to be the next big outbreak that could overwhelm the stretched healthcare system.  sarc/off

Two Zika virus cases reported in Pune: Health experts warn of long-term infection risks.  “The Zika virus has emerged as a global health concern in recent years. While the immediate symptoms of Zika infection may be relatively mild, the long-term effects of the virus are now becoming more apparent, particularly in relation to pregnancy and child development.”

Politicians use Emergency Planning, States of Emergency and Emergency Services to keep anxiety levels high. They enlist non-democratic, unelected, Non-Government bodies (NGO’s) such as the World Health Organisation (WHO), the United Nations, the IMF, the World Bank, the WEF (World Economic Forum) as authoritarian, “independent” references.

This appeal to authority takes advantage of the well known Cognitive Bias which exists in most humans, known as (you guessed it) the ‘Appeal to Authority’. “Scientists say this … “, and “The Science is clear…” and “Follow the Science…”

Of course, they have no idea what the scientific process is but neither do their audience.  Fear must be maintained at all times and as much as possible, combined with a comfortably numb, (safe) state of the audience.  STAY SAFE!

 

In other words — “Lull them into a state of brain numbness and comfort, urge them to “stay safe”, apply some anxiety and then make suggestions that you can remove or alleviate that anxiety”. That is a powerful mix.  Such Control does not have to be total. Only 51% is sufficient within a “democracy” or perhaps much less, depending upon the electoral process being used.

For those who seek more information, linked is a recent Paper on the subject matter: Higher hypnotic suggestibility is associated with the lower EEG signal variability in theta, alpha, and beta frequency band. You are Very Comfortable, Numb, in a Dominant Alpha Brain Wave State and it’s a Scary, Fearful World – Listen Carefully to our SuggestionsTheta and Delta Brain Wave States dominate in the brain when you are asleep. They range from 0.5-8 Hz (electrical wave Frequencies).

 

Beta and Gamma Waves dominate when you are fully awake, alert and able to concentrate.  The electrical frequencies range from 12 Hz-100 Hz and in between is where suggestions take hold in the Sub-Conscious.  Alpha Waves lie between these brain wave states between alertness and sleep, from 8-12Hz frequencies

If you want more detailed, expert information on this subject, there is a recent review discussing the impact of external electromagnetic waves on the human body.  Microwave Radiation and the Brain: Mechanisms, Current Status, and Future Prospects

An article in MIT NEWS may also help. It discusses how humans can train their dominance of brain wave states to improve their attention.  Controlling attention with brain waves: a study shows that people can boost attention by manipulating their own alpha brain waves.  “There are billions of neurons in the brain, and their combined electrical signals generate oscillations known as brain waves. Alpha waves, which oscillate in the frequency of 8 to 12 hertz.”

 

Some people watch television up to 10 hours a day so they will be moving in and out of Alpha Brain Wave State all day long and maybe into Theta Wave State (almost asleep). Some have the television on all day in the background while doing household chores or working. Of course, there are wide individual differences in hypnotisability and suggestibility.  BOOM is generalising. After all, this is not an academic discourse or review of these subjects. [AP NB – I trained in hypnotherapy and endorse BOOM’s evaluation]

However, Pink Floyd, the British rock band, understood this. Here are some of the lyrics to their famous song Comfortably Numb – with BOOM’s addition in brackets “Hello, Hello …Is there anybody in there? Just nod if you can hear me Is there anyone at home? Relax, I’ll (you’ll) need some information first – Just the basic facts”

When in this state, the repeated suggestion to “Stay Safe” and be safe is a powerful command to your sub-conscious. The next command is obvious, especially when a state of anxiety is heightened by a figure of Authority, and who says or implies: “Follow my instruction to Stay Safe”. “Nobody is safe until everybody is safe”.  Classically, these Brain Wave frequencies have had specific associations:

  • gamma is linked with states or tasks that require more focused concentration
  • beta is linked with higher anxiety and more active states, with attention often directed externally.
  • alpha is linked with being very relaxed, and passive attention (such as listening quietly but not engaging)
  • theta is linked with deep relaxation and inward focus…
  • …and delta is linked with deep sleep.

Alpha waves are the ‘frequency bridge’ between our conscious thinking (Beta) and subconscious (Theta) mind. They are known to help calm you down and promote feelings of deeper relaxation and content.

Another Pink Floyd song, Us and Them, is worth remembering: “Us, and them…and after all we’re only ordinary men.”

PROPAGANDA – CAN YOU RECOGNISE IT? — LIES, LIES, LIES – CAN YOU SPOT THEM?

If you think all of this discussion is fanciful, BOOM suggests you watch this video.  It is a masterpiece. It documents people using Fear and Suggestion.  All these journalists, scientists and politicians did this to exert control over the public.  Joe Biden gets the final say. Warning: It’s shocking.

[AP has added: This is TOTAL B*SHIT – watch and learn.  These people are Satantic]

She sounds so nice and concerned eh? Evil doesn’t describe it!  Note: Climate-change is added! Think, would you buy a second-user car from this shitface?

COMING NEXT:

  • Letter from Great Britain – ELECTION DAY SPECIAL – Thursday, July 4, 2024
  • The Financial Jigsaw, Part 2 – OPERATION PRISON CAMP – Saturday, July 6, 2024

In economics, things work until they don’t.  Make your conclusions and do research.  BOOM does not offer investment advice.

CLICK HERE FOR PODCASTS:   OUR BRAVE NEW ECONOMIC WORLD

BANKS DON’T TAKE DEPOSITS, THEY BORROW YOUR MONEY: LOANS CREATE DEPOSITS — this is how almost all new money is created in the economy (by commercial banks making loans). https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy.  Watch the short 15-minute video and see Professor Richard Werner brilliantly explaining how global banking systems work.

In 2014, Richard Werner provided the first empirical evidence that banks create credit out of thin air.  They do this whenever they issue a loan or, more specifically, purchase a promissory note. This is a walk-through of exactly how they do it.

Many economists are unaware of this and even ignore the banking & finance sectors in their econometric models.

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Author: Austrian Peter

Peter J. Underwood is a retired international accountant and qualified humanistic counsellor living in Bruton, UK, with his wife, Yvonne. He pursued a career as an entrepreneur and business consultant, having founded several successful businesses in the UK and South Africa His latest Substack blog describes the African concept of Ubuntu - a system of localised community support using a gift economy model.

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