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Today we stay focused on the Gilet Jaunes Movement in France and ramifications for the wider European Union. As this humble blogger has mentioned earlier, Manu Macron is the last of the G7 die-hard GLOBALISTS who is holding onto power. The entire hope of the GLOBALISTS (cultural Marxists) rests on his shoulders.
What is also important to understand is that the mechanism which brought about the Gilet Jaunes Movement, which is explained below by Charles Hugh Smith, what he calls the neocolonial-financialization model, is operational in the entire global financial system.
We presently see a variation of this same mechanism, although at an advanced state in the FrancisRepublic of Venezuela. In that FrancisDictatorship, the lenders, i.e. the Chinese are beginning to call in their loans. If the Venezuelans can not come up with the cash, the Chinese will be taking over one or more of Venezuela’s oil industry assets. (see here)
Now for countries in the developed world, the mechanism works differently. No physical assets are taken over, but if they are, they are monetized as is happening in Greece, and the cash flows go to pay off the indebtedness. So this variation of the neocolonial-financialization model, in essence leaves the assets in the hands of the nominal “owner” while siphoning off the cash flows and repatriating them back to the lenders home country.
However, the downstream effects of “foreign owners” is that the profits are repatriated back to the home country of the owners, or more likely to jurisdictions where the marginal tax rates are low. This in essence starves the hosting country of tax revenues. Therefore, these lost tax revenues must be made up, and they are made up by milking the local populations.
Or as they are presently refered to: TAX MULES.
Think Detroit or currently Illinois.
So the TAX MULES are tapped out in Francis and are revolting…
The end result of this version of the flawed system is: FRANCE.
And here are some of the latest pic:
https://twitter.com/sotiridi/status/1085129853509271552
https://twitter.com/sotiridi/status/1085132474974380032
So it’s all on the line for the GLOBALISTS, and that includes Francis, the GLOBALIST of Rome. If the Gilet Jaunes can topple Manu Macron and bring about a government that starts to serve the interests of the local population rather than multi-national GLOBALIST interests, it could be the beginning of the great unwind of the New World Order.
And without a NEW WORLD ORDER, there is no need for a ONE WORLD RELIGION.
And if the GLOBALISTS are cut off from their income sources, so is the FrancisPervChurch and the post-conciliar sect that subsists in and has hijacked the leadership of the Holy Roman Catholic Church.
So we will stay on top of this story and pray, do penance…
You get the drift.
*****
The Decline And Fall Of The European Union
Authored by Charles Hugh Smith via OfTwoMinds blog,
This exhaustion of the neocolonial-neofeudal model was inevitable, and as a result, so too is the decline and fall of the European integration/exploitation project.
That a single currency, the euro, would fracture rather than unite Europe was understood long before the euro’s introduction as legal tender on January 1, 2002. The euro, the currency of 19 of the 28 member states of the European Union, is only one of the various institutions tying the member nations of the European union together, but it is the linchpin of the financial integration touted as one of the primary benefits of EU membership.
Skepticism of the benefits of EU membership is rising, as citizens of the member nations are questioning the surrender of national sovereignty with renewed intensity.
The technocrat elite that holds power in the EU is attempting to marginalize critics as populists, nationalists or fascists, overlooking the untidy reality that the actual source of tyranny is arguably the unelected bureaucrats of the EU who have taken on extraordinary powers to strip the citizenry of member states of civil liberties (i.e. the right to dissent) and of meaningful political enfranchisement.
As I have patiently explained since 2012, the underlying structure of the EU is neocolonialism, specifically, neocolonial-financialization. Stripped of artifice, the financial institutions of the EU core have colonized the EU periphery via the euro and the EU and imposed a modernized system of extractive serfdom on the citizenry of the core and periphery alike.
To understand the neocolonial-financialization model, we must revisit the classic model of colonialism. In the old model of Colonialism, the colonizing power conquered or co-opted the Power Elites of the region, and proceeded to exploit the new colony’s resources and labor to enrich the core or center, i.e. the Imperial nation and its ruling elites.
This traditional model of colonialism was forcibly dismantled in the 1940s-1960s. Former colonies established their political independence, a process that diminished the wealth and control of former colonial powers.
In response, global financial powers sought financial control rather than political control. This is the key dynamic of the Neocolonial-Financialization Model(May 24, 2012), which substitutes the economic power of financialization (debt, leverage and speculation) for the raw power of conquest and political control.
The main strategy of financialization is: extend cheap credit to those with limited access to capital. Those with limited access to capital will swallow the bait and willingly agree to onerous conditions.
Then, when the credit expansion reaches levels that cannot be supported, the lenders demand collateral and/or favorable trade and financial concessions.
These tactics have been well-documented in books such as The Shock Doctrine: The Rise of Disaster Capitalism and Confessions of an Economic Hit Man.
But the economic pillaging of former colonies has limits, and as a consequence the global financial powers developed the Neocolonial Model, which turns these same techniques on one’s home region.
Thus Greece and other capital-poor European nations were recognized as the periphery that could be exploited by the core, and the euro was the ideal tool to exploit the economies of nations which could never have generated credit/housing bubbles without the wide-open spigots of cheap credit flooding their economies.
In Neocolonialism, the forces of financialization are used to indenture the local Elites and populace to the financial core: the peripheral “colonials” borrow money to buy the finished goods manufactured in the core economies, enriching the Imperial Elites with A) the profits made selling goods to the debtors B) interest on credit extended to the peripheral colonies to buy the core economies’ goods and “live large”, and C) the transactional skim of financializing peripheral assets such as real estate and State debt.
In essence, the French and German banks colonized Europe’s periphery nations via the financializing euro, which enabled a massive expansion of debt and consumption in the periphery. The banks and exporters of the core extracted enormous profits from the periphery via this expansion of debt and consumption.
The assets and income of the periphery are flowing to the core as interest on the private and sovereign debts that are owed to the core’s money-center private banks.
Note how little of the Greek “bailout” actually went to the citizenry of Greece and how much was interest paid to the financial powers. The core has stripped Greece of collateral and political independence, just as the colonial powers of the 19th century stripped the African and Indo-Asian regions of income, assets and political independence.
This is not just the perfection of neocolonialism but of neofeudalism as well.The peripheral nations of the EU are effectively neocolonial debtors of the core, and the taxpayers of the core nations are now feudal serfs whose labor is devoted to making good on any financialization schemes that go bad.
Neocolonialism benefits both the core’s financial Aristocracy and the periphery’s oligarchies. This is ably demonstrated in the essay Misrule of the Few: How the Oligarchs Ruined Greece.
The EU has finally reached the endgame of the Neocolonial-Financialization Model. There are no more markets to exploit with financialization, no more assets to strip, and the serfs (a.k.a. yellow vests) of the core are tiring of being stripmined in service of the EU kleptocracy.
At this point, the financial Aristocracy has an unsolvable dilemma: writing off defaulted debt also writes off assets and income streams, for every debt is the core’s asset and income stream. When all those phantom assets are recognized as worthless, the system implodes.
This exhaustion of the neocolonial-neofeudal model was inevitable and as a result, so too is the decline and fall of the European integration/exploitation project.
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halina1954 said:
“Never suffer pride to reign in thy mind or in thy words, for from it all perdition took its beginning.” – Tobias 4:1
‘Humility of heart’ by Fr. Cajetan Mary da Begamo
Praised be Jesus Christ!
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Tim said:
You know something? Continually reffering to yourself as ‘your humble blogger’ is nothing short of being narcissistic. Stop it. I read your blog but quite honestly it’s become very tiring for you to refer to yourself as such. You’re humble, so what? So are lots of other people and they don’t continually announce it. To repeatedly claim to be humble is drawing fake adulation and borders on diabolical narcissism. Many Catholics I know are so very troubled with the current state of the Church and read your nlog but they are fed up with upur self adulation as am I. Stop it!
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Akita said:
I never think of our humble blogger as narcissistic. He has a generous heart. He labors mightily, almost daily to help us understand the foibles of modern man. He always reminds us that the universe is moving to “restore all things in Christ”.
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Michael Dowd said:
When our “humble blogger” refers to himself in that way he is being ironic. Let us give our “humble blogger” a break.
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Akita said:
Didn’t St Paul tell us he must become smaller so that Our Lord can become bigger? It’s sort of like that Tim with SArmaticus.
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Michael Dowd said:
“Didn’t St Paul tell us he must become smaller so that Our Lord can become bigger?”
Haven’t you noticed our incredible shrinking blogger?
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Wanda said:
The desire to live in freedom and safety while enjoying the fruits of your labor is something to which, I would say, all human beings aspire. The “yellow vest” protests is really a cri de coeur that we can all identify with. The more they tax us, the less freedom we have. The less freedom we have, the more control the elites exert over our lives. That, essentially, is the problem in a nutshell. They want to control us and they do so by taxation. Once again, in the history of mankind usury plays its insidious role. A graduated income tax is one of the planks of the Communist manifesto and its rotten fruit is plainly there to see.
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Michael Dowd said:
Excellent analysis. The MSM should be discussing this problem but won’t because they are part of the conspiracy. Don’t you think the same thing is going on here in the U.S.A? Think of all the student loans. The students are debt service mules. If I were Trump I would find some way for the students to stop paying and charge the loans back to the Universities. The Universities can use their endowments to pay off student loans.The regular taxpayer and worker gets too little in wages and too much in taxes. Time for a revolt right here in Central City.
As far a Pope Francis is concerned all Catholics in France and Germany should stop their contributions and think, by doing so, they are following the will of God. No Catholic should contribute to the Catholic Church as long as it remains corrupt.
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Amy McSween said:
“No Catholic should contribute to the Catholic Church as long as it remains corrupt.”
I often have these thoughts too. But then I remember the story of the widow’s mite, she was giving to a corrupt Church that had really forgotten God. It is a mystery.
I think I have a ‘decent’ pastor, he is not holy, I also think I have an associate pastor who is really striving for holiness….
Do I deny them? I pray for my Bishop and his auxiliary, But I admit to not giving to the diocese.
And these yellow vests, they are in rebellion, but this is not a counter-revolution. They are not calling for a Catholic Monarch and the reinstatement of the ancient regime.
In the end, there will be chaos, and that never is good for families and children.
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Michael Dowd said:
Thanks Amy. I still do give a little to the Church but it’s down 95%. Our parish is rather rich with no falloff in contributions since the recent scandals. So anything I do is mostly symbolic. I sent a letter to our Rector saying I was thinking about reducing my contribution. He never answered.
On the yellow vests I think any rebellion against the One World Order is worthwhile and has to be good long term, though bad short term, for the Church as it tends to endear/ensnare itself to the prevalent power structure, like now, with the One World Government idea.
To me it is questionable that the Church has as it #! goal the spiritual development of it’s members for a very, very long time. It has been too powerful and political. It needs to be materially poor and politically powerless.
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Kate R. said:
We wrestled with this problem for a long time. Then we got some good advice somewhere, and now we only put gift cards in the offertory. We purchase them for grocery stores, restaurants, etc., and put the name of the priest who says our Latin Mass on them. We refuse to support in any way our diocese or Rome. We cannot in good conscience ever do that again.
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Akita said:
Great idea. Our Novus Ordo priest who says the Latin Mass accuses the congregation of being prideful when we think we know better than the bishops and pope. He rails how could we disapprove of Francis “who puts flowers at the statue of the Virgin”! This priest is from Poland. If only it were that simple.
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halina1954 said:
Akita, to understand who Pope Francis is, one must understand what happened doing the ‘revolution’ in the holy Church for the last decades. In Poland that is a very hard ‘nut’ to crack. I have never heard a Polish priest to blame Pope Francis’s predecessors for anything…….although, I have heard once Fr. Natanek accusing John XXIII for being a Mason, and yet the same priest who offers a Latin Mass, insists that John Paul II have saved the Church, had nothing to do with the ‘revolution,’ nor, Benedict XVI…..as if this was possible.
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