CBDC and digital ID Statement by Mike Yeadon

CBDC and digital ID Statement by Mike Yeadon- 2

I think Catherine Austin Fitts is right.

She argues that it’s not sovereign currencies that are going to collapse (at least, not the US dollar) but global trade is going to collapse.

Now, I don’t have the economic background to make predictions.

What I have is the realisation that we’re in WW3 in which the aggressors are our own governments, wherever we live. 

Once you run that thought experiment, a very large number of dots almost join themselves.

Why has U.K. spent several decades moving manufacturing offshore? Altered the food supply chain so that virtually nothing is grown locally to where it’s consumed? 

I am concerned that U.K. is particularly vulnerable, being an island, to an insidious form of total blackmail.

We’re almost wholly reliant for everything, from electricity to petrol, from food to the simplest manufactured goods, on containerisation. Containerisation is brilliant providing the container ships continue to come. 

It’s not a happy thought, realising that whether through purely economic factors (which affords politicians plausible deniability), or warfare or any other reason why imports at some point reduce, that we’ve no alternative ways to get by. 

I think, when Catherine refers to deglobalisation and inflation, the factors above could so easily combine restricted supply and soaring prices, as a strategy to impoverish almost everyone, rendering us desperate for an alternative, such as CBDC (and digital ID) as a matter of necessity.

I’m literally thinking out loud here. I’m also reminding readers that I’m not an economist. This could all be fevered dreams rather than a sober minded take. 

Best wishes 

Mike

CBDC and digital ID Statement by Mike Yeadon- 3

The Dollar Is Not Going to Collapse, What Is Going to Collapse Is Global Trade

Solari Report Money & Markets: January 23, 2025 with Catherine Austin Fitts & John Titus  

Full Report: https://home.solari.com/money-markets-report-january-23-2025/

Solari Peertube: Video

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