Realizing The Full Implications Of The Forthcoming Catastrophe

realizing-the-full-implications-of-the-forthcoming-catastrophe

27-07-19 07:04:00,

Authored by EconomicPrism’s MN Gordon, annotated by Acting-Man’s Pater Tenebrarum,

“Facilis descensus Averno.” – Virgil (Publius Vergilius Maro)

Delivering Tomorrow’s Curses

Roman poet Virgil penned these words in his epic, The Aeneid, roughly a generation before the birth of Jesus of Nazareth.  They can be loosely translated to, “the descent to hell is easy.”  Those who’ve traversed this passage can attest to the veracity of this axiom.

Virgil reading the Aeneid to Augustus, Octavia and Livia. Contrary to what one might think at first blush, Octavia didn’t fall asleep because she was bored by it – rather, when Virgil recited Book Six, she fainted (the veracity of this account is not undisputed, but it’s a good story anyway). A little side note: Virgil caught a fever while returning from to Rome from Greece and died in Brundisium in 19 BC. It was Virgil’s wish that the poem be burned, but Augustus ordered his literary executors to preserve it and publish it with as few editorial changes as possible. Thus Augustus rescued the Aeneid for posterity. [PT]

Though not apparent in the milieu of Virgil’s poem, for our purposes today, we will extend its application to the insidious progression of currency debasement.  What short utterance more aptly characterizes the steady degradation, as currently practiced by today’s church of state?

On Thursday, for example, the House acted with untroubled ease to further America’s descent to hell.  With little resistance, federal spending was increased and the debt ceiling was suspended for two years.  Having delivered tomorrow’s curses, the nation’s Representatives can skip town without missing a moment of summer recess.

As you can see, the allure of getting something for nothing is far too enticing for even the most honest politician to pass up.  And with an endless supply of fake money behind you, why stick your neck out and get clobbered?  The public debt encumbered is already well beyond honest repayment.  But that’s a problem for tomorrow; not today.

Total US credit market debt (~USD 73 trillion), total federal debt (~USD 22 trillion) and GDP (~USD 19 trillion). 

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The Implications Of Fusing 5G And Blockchain

the-implications-of-fusing-5g-and-blockchain

01-04-19 07:56:00,

Authored by Ben Whittle via CoinTelegraph.com,

Analysts have been anticipating the implications of the Internet of Things (IoT) for several years. However, there have been two main impediments to its success: capacity and security.

But now, the introduction of a new technology could change that. This year, major carriers like AT&T and Verizon will be introducing 5G, the latest generation of cellular mobile communications. The 5G platform brings a high data rate, reduced latency, energy savings, cost reduction, higher system capacity and massive device connectivity, according to analysts.

image courtesy of CoinTelegraph

The combination of 5G and blockchain technology has the potential to unleash a surge of economic value. In order to understand this connection between 5G and blockchain, one must think of the relationship as multifold. The power of 5G coverage through its reduced latency, high speeds and capacity allows for IoT devices to become widely used. Simultaneously, these devices can leverage the security, decentralization, immutability and consensus arbitration of blockchains as foundational layers.

That means smart citiesdriverless vehiclessmart homes and other sensor-driven enhancements will finally have a technology that can handle their needs.

As foundational layers, blockchains can provide consensus and security while the majority of IoT transactions and contracts occur on second-layer networks, with the opportunity to settle payment channels and transaction disputes on-chain. The network capacity of IoT, however, will be enabled by the power of 5G coverage.

Furthermore, 5G will directly assist blockchains by increasing node participation and decentralization, as well as allowing for shorter block times, driving forward on-chain scalability — all of which, in turn, further supports the IoT economy.

Here is a first look at how 5G is rolling out and when real usage might be seen.

The rollout of 5G

Network providers have started rolling out 5G within select United States cities, while global coverage is expected to come online in 2020.

Verizon will start delivering its coverage in Chicago and Minneapolis from April 11,

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The Implications of Macron Implosion | New Eastern Outlook

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23-12-18 03:58:00,

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The “Gilets Jaunes” will not let go. Not even – or especially not – after Macron‘s half-hearted, rather cynical and grandstanding concessions – of “too little and too late” – which when analyzed constitute a new lie, especially regarding the increase of the minimum wage. It was clear from his face, these concessions, of a President who campaigned on the basis of “never concessions’, were fake, as fake as his fake attitude of an apologist could be. Even without listening to his words, his body language of arrogance gives him away.

This past weekend, on Saturday, 15 December, another more than 100,000 Yellow Vests were marching on Paris; countrywide some 200,000. The police to oppress them, as officially reported, was about the same as the weekend before, 8,000 in Paris, close to 90,000 throughout France. Military assistance was not missing. Besides, in a state of emergency, who distinguished between police and military?

Interestingly, the international press – the MSM – is taking it seriously. Why? They fear that this relentless movement may spread to other countries, even countries beyond Europe – like “Trump Land”, the United States of America. And why not. The same malaise of capital being shifted upwards to the detriment of the poor and middle class exists everywhere, may even be most pronounced in the US, but nobody talks about it and pays attention to it, lest the people would have awakened to the growing disparity long ago – and taken to the streets massively – within the inner circles of the Washington Belt Way.

Chapeau to the French. Though their forefathers were among the most viscous and miserable exploiter, thieves, killers and committers of rape, in human history – when they ravaged for hundreds of years West Africa – and the elite still does, unbeknown even to (most) of the Yellow Vets. Is this movement going to change the future – the future of Europe, the future of the values of the western world, that has been so adamant in propagating neofascist ideas – that they have become the new normal; in most people’s brains? There is a saying: “When fascism comes again, it will not come saying I’m the new Fascism; it will come saying, I’m the Anti-Fascism”.

Isn’t that already true when you look at todays Europe,

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