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The Great Reset

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Amanda
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Looks like this same bailout scheme/relief of debt is possibly the plan in Canada according to leaked documents discussed here:

Possible Leaked Roadmap for the Next Phase of the Agenda
https://www.youtube.com/watch?v=lKCTkLJbtT4

How wierd, this is the embellished video version of my original post!

The original post contained a link detailing the Canadian leaked document and was followed by a link to the Forbes article 'Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been Better'.

Oh, maybe that's why it sounded familiar! Yes, I remember seeing that "Welcome To 2030" article.

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kyta
Posts: 176
 kyta
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WEF: You'll own nothing, and you'll be happy. This is how our world could change by 2030.
https://twitter.com/wef/status/799632174043561984

WEF: 8 predictions for the world in 2030
https://www.weforum.org/agenda/2016/11/8-predictions-for-the-world-in-2030/

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kyta
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 kyta
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World Economic Forum Global Agenda

8 predictions for the world in 2030

1. All products will have become services. “I don't own anything. I don't own a car. I don't own a house. I don't own any appliances or any clothes,” writes Danish MP Ida Auken. Shopping is a distant memory in the city of 2030, whose inhabitants have cracked clean energy and borrow what they need on demand. It sounds utopian, until she mentions that her every move is tracked and outside the city live swathes of discontents, the ultimate depiction of a society split in two.

2. There is a global price on carbon. China took the lead in 2017 with a market for trading the right to emit a tonne of CO2, setting the world on a path towards a single carbon price and a powerful incentive to ditch fossil fuels, predicts Jane Burston, Head of Climate and Environment at the UK’s National Physical Laboratory. Europe, meanwhile, found itself at the centre of the trade in cheap, efficient solar panels, as prices for renewables fell sharply.

3. US dominance is over. We have a handful of global powers. Nation states will have staged a comeback, writes Robert Muggah, Research Director at the Igarapé Institute. Instead of a single force, a handful of countries – the U.S., Russia, China, Germany, India and Japan chief among them – show semi-imperial tendencies. However, at the same time, the role of the state is threatened by trends including the rise of cities and the spread of online identities.

4. Farewell hospital, hello home-spital. Technology will have further disrupted disease, writes Melanie Walker, a medical doctor and World Bank advisor. The hospital as we know it will be on its way out, with fewer accidents thanks to self-driving cars and great strides in preventive and personalised medicine. Scalpels and organ donors are out, tiny robotic tubes and bio-printed organs are in.

5. We are eating much less meat. Rather like our grandparents, we will treat meat as a treat rather than a staple, writes Tim Benton, Professor of Population Ecology at the University of Leeds, UK. It won’t be big agriculture or little artisan producers that win, but rather a combination of the two, with convenience food redesigned to be healthier and less harmful to the environment.

6. Today’s Syrian refugees, 2030’s CEOs. Highly educated Syrian refugees will have come of age by 2030, making the case for the economic integration of those who have been forced to flee conflict. The world needs to be better prepared for populations on the move, writes Lorna Solis, Founder and CEO of the NGO Blue Rose Compass, as climate change will have displaced 1 billion people.

7. The values that built the West will have been tested to breaking point. We forget the checks and balances that bolster our democracies at our peril, writes Kenneth Roth, Executive Director of Human Rights Watch.

8. “By the 2030s, we'll be ready to move humans toward the Red Planet.” What’s more, once we get there, we’ll probably discover evidence of alien life, writes Ellen Stofan, Chief Scientist at NASA. Big science will help us to answer big questions about life on earth, as well as opening up practical applications for space technology.

https://www.weforum.org/agenda/2016/11/8-predictions-for-the-world-in-2030/

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dave b
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I think it is better to look for more mundane [economics] albeit potentially convoluted explanations with a credible recent background eg 2019.

I could start somewhere in the middle with this from Blackrock

BlackRock is the world's largest asset manager, with $7.4 trillion in assets

https://en.wikipedia.org/wiki/BlackRock

August 2019;

…..BlackRock has laid out the case for a coordinated fiscal and monetary shock policy to defibrillate the global economy as it struggles to register a pulse. In a paper published last week, the BlackRock Investment Institute argues that with both monetary and fiscal losing potency, more radical approaches – such as the long-mooted ‘helicopter money’ drop – would be necesssary….

https://ioandc.com/blackrocks-economic-heart-starter-plan/

So what was the plan?

After the bailouts of 2008 etc.

The central banks started pumping more money into the economy through offering “free zero interest rate money” to the capitalist class in the hope that they would invest it in the production of new capital eg machines and factories etc.

They however just used it to gamble on the stock exchange with corporate stock buybacks etc so that money is still sitting around un-invested and un spent.

Gaining no or very little interest.

So under the maxim of use [spend] it or loose it; they are going to flush it out and get people to spend and invest their hoards of cash by generating ‘controlled’ inflation with “helicopter money”.

[By giving money to the workers under some peculiar and short term circumstances- which arrived 6 months later ? ]

Helicopter money is a proposed unconventional monetary policy, sometimes suggested as an alternative to quantitative easing (QE) when the economy is in a liquidity trap (when interest rates near zero and the economy remains in recession).

https://en.wikipedia.org/wiki/Helicopter_money

Quantitative easing (QE) is a monetary policy whereby a central bank buys government bonds or other financial assets in order to inject money into the economy to expand economic activity

https://en.wikipedia.org/wiki/Quantitative_easing

The Blackrock report is quite interesting I will just give a couple of random quotes.

BlackRock Investment Institute

MACRO AND MARKET PERSPECTIVES AUGUST 2019

……….Otherwise, the money might not be spent if the increase is expected to be reversed in the future. If these conditions are met and helicopter money is delivered in sufficient size, it will drive up inflation – in the long run, the growth of money supply drives inflation……….

………The extreme cases of monetary financing getting out of hand are well known and have a name: hyperinflation. Examples include the Weimar Republic in the 1920s as well as Argentina and Zimbabwe more recently. That highlights the main drawback of helicopter money: how to get the inflation genie back in the bottle once it has been released. As noted above, history is littered with examples of how central bank money printing leads to runaway inflation or hyperinflation. Yet there is little experience in using helicopter money to generate just-enough inflation to achieve price stability. History as well as theory suggests large-scale injections of money are simply not a tool that can be fine-tuned for a modest increase in inflation……….

There is quite a lot of material from 2020 just under a google helicopter money and corona virus search.

And some other separate sources from 2019.

Eg

…… A radical world of “helicopter money” - where central banks fund government spending - is “inevitable” as policymakers run out of ammunition ahead of the next recession, top economists have warned.
Central banks are likely to “explore more unconventional policies” in the next downturn and blur the lines between fiscal and monetary policy with radical new tools, such as monetary financing, Deutsche Bank argued.
Recession fears are mounting but central banks have very little firepower remaining with traditional monetary policy - the control of the money supply and interest rates – blunted.
Helicopter money to stimulate the economy therefore “seems inevitable over the medium to longer term”, said Jim Reid, a Deutsche analyst. He argued that central banks “effectively invited governments to experiment with more unconventional policies” with ultra-low interest rates on debt………

https://www.telegraph.co.uk/business/2019/09/29/helicopter-money-may-weapon-confront-next-recession/

It could be an incredibly dangerous or hazardous plan for the working classes; and middle classes with savings and pensions if it gets out of hand.

“Homeowners” with mortgages could get creamed if interest rates need to go up five fold in order to put the genie back in the bottle.

https://en.wikipedia.org/wiki/May_you_live_in_interesting_times

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kyta
Posts: 176
 kyta
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Connecting the Dots: Why They’re Doing This
https://youtu.be/mSwYs6zB6TI

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