Our Nobility’s assessment of risk and their war-gaming of vulnerabilities are fatally deficient. Many people have heard of Nassim Taleb’s black swan but fewer understand how few events qualify as black swan. Per Wikipedia, a black swan is an unpredictable or unforeseen event, typically one with extreme consequences, an event that is beyond what is normally expected of a situation and has potentially severe consequences.

It didn’t have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud. The stock market has just been punctured by the thin blades of truth. It is fatally wounded but nobody dares notice. The wounds are barely visible, but the internal damage is mortal. The stock market is already stumbling and will soon crash.

How do you unrig a speculative rigged market? You don’t. It simply crashes into a putrid sinkhole. Gamed speculation using knowledge of how markets can be pushed to profit those doing the pushing–has long been decried. Declaring that the unproductive profiteering of greedy speculators will be the death of the Republic goes back to Rome, and in American history, to Alexander Hamilton’s battle in 1791 to pay the speculators who had bought up the new nation’s war bonds for pennies on the dollar full value plus interest.

That’s how Neofeudal systems collapse: the tax donkeys and debt-serfs finally rebel and start demanding the $50 trillion river of capital take a new course. The Great American Middle Class has stood meekly by while the New Nobility stripmined $50 trill…

I’d say more about Big Tech but since they’ve ‘privatized totalitarianism’, I fear being ‘digitally disappeared’ if I dare criticize Big Tech. Mr. Bob Dylan was once again prescient: Everything Is Broken. You may think I’m referring to the political system or Big Tech or the Corporate Media, and certainly all those are very broken indeed, but I’m actually referring to everyday life systems that once worked fairly well.

The Fed has a binary choice: preserve America’s global hegemony or further enrich the billionaires. You can’t have both. The Fed will fail as a result of two dynamics: diminishing returns and the U.S. dollar’s role as a global reserve currency. The Fed’s reign as the godhead of financier-banker supremacy has been fun and games for the past 12 years of stock market euphoria, but that’s about to change.