You can’t fool all the markets all of the time. From Egon von Greyerz at goldswitzerland.com:
Propaganda, lies and censorship are all part of desperate governments actions as the economy disintegrates.
We are today seeing both news and history being rewritten to suit the woke trends that permeate society at every level, be it covid, the number of genders, the Ukraine war or government finances.
I have in many articles covered the explosion of money printing and debt which is an obvious sign that the global financial system is approaching collapse and default . The consequences will be far reaching to every corner of the globe and all parts of society.
See my recent article “In The End The Dollar Goes To Zero And The US Defaults” which outlines the probable course of events in 2023 and afterwards.
Later on in this article, I will look at the consequences in relation to markets and what ordinary people (investors?) can do to prepare themselves.
ORWELL PREDICTED THE FALSIFICATION OF HISTORY 73 YEARS AGO
“Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right.”― George Orwell, 1984
Let’s just look at government finances. As we are entering the end of an era with deficits and debts running out of control, the truth becomes an inconvenience to governments and must therefore be suppressed or rewritten.