This article was originally published by Charles Hugh Smith at Of Two Minds Blog. 

One glance at this chart explains why the status quo is locked on “run to fail” and will implode in a spectacular collapse of the unsustainable debt super-nova.

For those who suspect the status quo is unsustainable but aren’t quite sure why I’ve prepared a simple chart that explains the financial precariousness many sense. The chart depicts the two core elements of a debt-based, consumerist economy: disposable earnings, defined as the earnings left after paying for essentials which can then be used to service debt and debt.

In other words, if all the household earnings are spent on non-discretionary expenses (rent or mortgage, taxes, food, utilities, healthcare, etc.) then there is no money left to pay the interest and principal on a loan. Lenders consider this household uncreditworthy for the simple reason that their earnings cannot support the monthly nut of debt service (interest and principal).

Note the word earnings as opposed to income. Social entitlements such as Social Security are income but they are funded by taxes paid by those with earnings. (All of America’s social entitlements are pay as you go–the trust funds are PR fiction.) The investment income (interest) paid to owners of Treasury bonds is also paid by taxes on earnings.

All the interest and principal of the debt is ultimately paid out of earnings, either private-sector debt paid directly out of wages or public-sector debt paid out of taxes which are paid out of earnings.

The problem with servicing debt out of income is two-fold: one, earnings of the bottom 95% have been stagnant for decades, which means earnings aren’t actually rising in terms of the goods and services they can buy, and two, the cost of non-discretionary expenses (essentials) has been rising, especially the big-ticket costs such as housing, healthcare and higher education.

You see the problem: since earnings are flat and the cost of essentials is steadily rising, there are fewer disposable earnings left every month to service debt. This is a problem in an economy like America’s that depends on debt-funded consumption to fuel “growth.” No increase in debt means no increase in consumption which means no “growth.”

In response, the status quo–the Federal Reserve and the federal government–have played two financial tricks to maintain the illusion that earnings can support more debt: one, the Fed has lowered interest rates to near-zero, reducing the costs of mortgages (but not the sky-high interest rates charged on student loans or credit cards, of course) so the same stagnant earnings can support a much larger mortgage, and two, the federal government has increased its own borrowing to fund various stimulus programs, most of which are corporate welfare to monopolies and cartels in the form of subsidies, tax breaks, government contracts, etc. But as the consumerist economy weakens, the government is increasing its stimulus to households as well–all with borrowed money that is theoretically serviced by taxes on earnings.

Alas, these tricks are not sustainable. Interest rates can’t go lower than zero without bankrupting the banking sector, and federal spending is completely untethered from tax revenues.

The “solution” is obvious: borrow the money needed to service new and existing debt. This is the definition of a zombie economy comprised of zombie companies and zombie consumers that need to borrow more to sustain the illusion of solvency, i.e. that their disposable earnings are sufficient to service all their debts.

Notice that the debt-disposable pyramid is inverted: an ever-larger amount of debt is being piled on an ever-shrinking amount of disposable earnings. The trick of borrowing more to make the payments on the existing debt and fund new consumption results in a compounding of debt, not an arithmetic (linear) increase in debt: debt grows geometrically while the disposable earnings needed to service the debt remain stagnant.

The only “solution” left is Stimulus Addiction Disorder (SAD): the Fed must create trillions of dollars out of thin air to buy the Treasury bonds that are sold to fund trillions of dollars in stimulus–not once or twice, but from now on until the entire travesty of a mockery of a sham collapses under its own weight of flimflammery and fraud.

Artifice, illusion and simulacra are not real, and what’s not real vanishes back into the air whence it came. One glance at this chart explains why the status quo is locked on run to fail and will implode in a spectacular collapse of the unsustainable debt super-nova. SAD, to be sure.

This article was originally published by Matt Agorist at The Free Thought Project. 

There is a belief forming and currently being pushed by the mainstream media and the U.S. Centers for Disease Control that Americans can have their freedom back if they just roll up their sleeves and take the vaccine. This push is being backed by multiple experts who are literally comparing it to the “carrot on a string” in order to get more people to be vaccinated.

The new CDC guidelines will allow a real, if qualified, return of freedoms once taken for granted for millions. They could also encourage vaccine skeptics to help create herd immunity needed to stop Covid-19 from spreading. | Analysis by @StCollinson https://t.co/0bDWmiaSDD

— CNN (@CNN) March 9, 2021

“It’s science based. It’s sensible. You can hug your grandkids again. If you’ve been waiting to get a haircut, see the dentist, you can do that,” former CDC Director Tom Frieden told CNN.

The idea that people have refused to hug their children and grandchildren over the fear of contracting the COVID-19 virus is heartbreaking. But even more worrisome is the fact that the CDC thinks it can grant or revoke that “freedom” to folks based on whether or not they take the shot.

“We know that people want to get vaccinated so they can get back to doing the things they enjoy with the people they love,” said CDC Director Rochelle P. Walensky, in a statement last week. “There are some activities that fully vaccinated people can begin to resume now in the privacy of their own homes.”

Aside from the obvious problems of people thinking the government can tell them when and where they can see and hug their children and grandchildren, there is the underlying principle of freedom. Requiring a vaccine for “freedom” is exactly the opposite of “freedom.”

Whether or not you agree with an individual’s choice to vaccinate themselves is irrelevant. While there will likely be many folks cheering on the state in these situations of forced medication and the silencing of critics, how you feel personally about vaccines should never lead to a loss of freedom — for anyone. No person should be forced by government regulation or societal pressure to receive any medication or treatment, including vaccines, against his or her will. This is the very foundation of freedom.

Real freedom is the choice to either take the vaccine or refuse to take it. It is that simple. Many people could benefit from receiving it and that should be their choice and their choice alone, just like some people may choose not to take it.

Our individual freedoms are not granted to us by the government or vaccine manufacturers. They are inalienable. This is the very foundation of the Constitution and Bill of Rights which states, “We hold these truths to be self-evident, that all men are created equal, endowed by their creator with certain inalienable rights, and that among these are life, liberty, and the pursuit of happiness.”

Nowhere in the constitution does it state that our freedoms can be taken away if we choose not to take a vaccine. However, this is now becoming a common idea being pushed in the mainstream and by the government.

Leana Wen, an emergency physician and visiting professor at George Washington University Milken Institute School of Public Health, and the previous health commissioner for Baltimore is leading that charge. In an interview with Chris Cuomo on CNN, Wen expressed her discontent with states going back to normal without touting the vaccine as the reason for doing so.

“We need to make it clear to them (Americans) that the vaccine is the ticket back to pre-pandemic life,” Wen said, adding that states opening back up is not allowing for government to tout the vaccine as that ticket back to normal.

She then went on to insinuate that government needs to make sure that vaccination is required in order for states to reopen.

“We have a very a very narrow window to tie reopening policy to vaccination status,” she said.

Wen then went on to say that freedoms must be limited or otherwise people won’t line up to get the shot. She literally compared the population to a donkey following a carrot on the stick, that is dangling their freedoms in front of them.

“Otherwise, if everything is reopened, what’s the carrot going to be? How are we going to incentivize people to get the vaccine?” she asked.

She then called on the CDC and Biden to “come out a lot bolder” and tell people that “if you’re vaccinated, you can do all these things…. Otherwise, people are going to go out and enjoy these freedoms anyway.”

Imagine people wanting freedom without being forced to take a vaccine…..the horror.

BOOMShe admits that freedom should be taken away to force people to vaccinate … It’s right in front of you. Do you hear it? Do you notice that they are NOT happy that States are going back to normal? pic.twitter.com/QQLMWo6BOi

— CanAditude (@CanAditude) March 13, 2021

Aside from the insanely tyrannical notion of requiring vaccination for freedom, there is the fact that adverse reactions are being reported by tens of thousands of people.

As TFTP has reported at length over the last several months, though many scientists and medical professionals are reassuring everyone that this vaccine is entirely safe because the vaccine was approved under emergency measures, it has — by definition — not undergone any long-term studies. Anyone making the claim that they know what happens a year or more after receiving this vaccine is purely hypothesizing.

What’s more, over a thousand deaths have been reported after the vaccination, up to and including entirely healthy young people. However, every time someone dies after getting the shot, we are told days later that their deaths had nothing to do with the vaccine. While this could certainly be the case, the sheer number of post-vaccination deaths should warrant a closer look.

In an article from the Epoch Times, which was subsequently “Fact-checked” as “True” by Newsweek, the number of post-vaccination deaths is approaching 2,000.

The CDC told The Epoch Times in an e-mail that as of Mar. 8, 2021, over 92 million doses of mRNA vaccines for COVID-19 have been injected, with 1,637 deaths occurring following the injections.

Between Dec. 14 and Feb. 26, 25,072 reports were made to the VAERS system of immunizations with either the Moderna or Pfizer/BioNTech mRNA vaccines (the only two vaccines given during the time period assessed).

Currently, on the VAERS website, only 1,136 deaths are shown, however, those numbers, according to the CDC representative who contacted the Epoch Times, are higher.

The 1136 deaths represent 4.5 percent of the total number of adverse events reports. Of those who died, 94, or 8.3 percent, died on the same day they got the shot. An additional 150 (13.2 percent) died the day after. Another 105 died two days after, and 68 died three days after.

A total of 587 (51.7 percent) died within a week, 215 died within 7 to 13 days, and 124 within 14 to 20 days.

85.8 percent of deaths occurred in people over 60. There were five deaths among those aged 20–29; 10 in those aged 30–39; 23 in those aged 40–49; and 69 aged 50–59.

When tens of thousands of adverse events, along with nearly 2,000 deaths are reported after receiving the vaccine, this is significant statistic data to at least raise a red flag and to proceed with caution. However, the mainstream media, Big Tech, and the government alike have chosen to double down on pushing the notion that the vaccine is 100% safe and we need it for freedom. Dangerous times, indeed.

A Bill Gates-funded pro-vaccine virologist, Geert Vanden Bossche, DMV, Ph.D., is the independent virologist who formerly worked for Gavi, The Vaccine Alliance, and the Bill & Melinda Gates Foundation. And he’s saying there will be a “huge price” for humanity to pay for this vaccine campaign.

He is anything but an anti-vaxxer, and he is coming out saying “we” as humanity, are going to “pay a huge price” for the ruling class’s mass COVID vaccination campaign. In fact, what he says is coming from these gene therapies that are mislabeled as vaccines, is incredibly sinister and puts us all in a dire situation.

U.S. Government Diligently Working With Big Tech To Censor ANYTHING That Could Cause “Vaccine Hesitancy”

Bossche says that a mass vaccination campaign in the middle of a pandemic, with vaccines that don’t prevent transmission, is disastrous at an individual and at a global level:

“We are going to pay a huge price for this.” -Dr. Bossche, Children’s Health Defense.org

In an open letter to the World Health Organization (WHO), Bossche wrote that  “we are currently turning vaccinees into asymptomatic carriers shedding infectious variants.” Bossche hasn’t heard back from WHO, which concerns him. But we all know it’s not surprising.  This vaccine is an obvious piece of a larger agenda and Bossche is likely helping fill in the gaps as to why there is such a rush to get as many vaccinated as possible.

“It is about humanity … I mean, it’s about your children. It’s your family. It’s my family. It’s everyone. Right. And it’s simple for me, I put everything at stake because I’ve done my homework. And this is simply a moral obligation. A moral obligation.” -Dr. Bossche, Children’s Health Defense.org



Another doctor had the same comments about these “vaccines.” He says that the people who get vaccinated are not only in danger of infection from more deadly strains but will carry those strains to the unvaccinated.  The elitists have designed something here that could “wipe out humanity.”

Dr. Vernon Coleman, who has been “disgraced” by Wikipedia and the oligarchs has come out saying this “vaccine” has the potential to really do some damage to the human race. “Now, more than ever, I need your help. Unless we work together, we are doomed,” says Dr. Coleman in this video uploaded to Riche from Boston’s Bitchute channel.



Dr. Coleman needs our help to get this message to humanity out: this vaccine is a part of the agenda.

Dr. Coleman fears many of the vaccinated will die when they next come into contact with a coronavirus. But that’s not the worst of it.

More COIVD-19 Vax Deaths: Think They’ll Blame This On COVID-21?

Those of us who are not vaccinated, may need to “keep away from those who have had the vaccine,” says Dr. Coleman as they spread a disease to others. This is what could be dubbed COVID-21 and the rulers will likely attempt, at that point, utter enslavement of those who are left.

This is incredibly disturbing.  Both of these doctors have basically the same problem with the “vaccines” and this information is being suppressed, silenced, and censored.  We all need to wake up.

The ruling class isn’t there to serve us, they are there to gain power for their masters and their agenda is on full display.  We must stop recognizing other humans as having power over us and start to use our own critical thinking and discernment.  We still have free will. It’s time to choose morality and realize any form of control or enslavement of others in any capacity is morally reprehensible.

Joe Biden has proposed a tax increase of $1 trillion. After giving the peasants a pittance in stimulus money because the ruling class destroyed the economy over a scamdemic, the master is now demanding you pay them more of what you earn.

Taxation is theft, it always has been and always will be. if anyone has a higher claim over your life, property, or laboring energies, they are your master and you are their slave. Now that that’s out of the way, master Biden is proposing stealing more for the ruling class, which hasn’t suffered in the least under its oppressive policies.



According to a report by Market Watch, the White House will propose $1 trillion worth of new taxes, according to Sarah Bianchi, head of U.S. public policy and political strategy at Evercore ISI and the former director of economic and domestic policy for then-Vice President Joe Biden.

Have you wondered why Biden wants the minimum wage raised? Not only will it put people out of business, but the extra income for those left employed will also go right into the pocket of the state. The rulers win either way.

Officials including Treasury Secretary Janet Yellen have started suggesting what will be in the White House plan. Bianchi says hiking the corporate tax rate to 28% from 21%, establishing a global minimum tax, and raising what’s called the global intangible low-taxed income rate to 21% will be in his plan. The plan will probably include nearly doubling capital-gains taxes on those with income over $1 million, and likely will include taxing unrealized gains at death, ending carried interest, and raising the top individual income tax rate. –Market Watch

One more step towards the New World Order of slavery and totalitarian control is in the works.  Unless people wake up en masse and refuse to pay these tyrants this year, we have a rough 13 months until tax time approaches in 2022. Luckily, some of the rulers know that raising taxes too much (stealing too much from the slaves) forces them to wake up to the reality that they are being ruled over and controlled. That’s what they cannot have happen.  They need people beholden to the state and on their knees in servitude for as long as possible.

Bianchi says Congress isn’t likely to swallow the whole proposal — she suggests it will only agree to $500 billion of new taxes. For instance, Congress may agree to increase the corporate tax rate, but only to 25%. She says Congress will agree to end carried interest, and is likely to approve increasing the top individual rate of taxes, but won’t be as eager to increase capital-gains taxes. The global minimum tax that Yellen has floated also is considered unlikely to pass. –Market Watch

Taxation is theft. Government is slavery. Democracy is mob rule. This is undeniable and becoming more clear by the day. We need to stand together and peacefully refuse to pay the master any longer. There are more of us than there are of them, and they know it. Once we stand together, it’s over.



Big Pharma company Moderna has begun testing its experimental mRNA gene therapy “vaccine” on children. Moderna Inc. said it has begun delivering experimental doses of its COVID-19 vaccine to children as part of a study to determine whether it is safe and effective in those as young as six months.

According to a report by Al Jazeera, the trial aims to enroll about 6,750  child volunteers in the United States and Canada. The US’s National Institute of Allergy and Infectious Diseases and Biomedical Advanced Research and Development Authority are collaborating with the company, Moderna said in a statement.

This is incredibly disturbing. The mainstream media is stating this is a good thing, however, it seems like these kids are going to be a part of a giant experiment that has the potential of going very wrong.

In the first stage of the trial, researchers will test various doses of vaccine to see which works best. Study participants between the ages of 2 and 11 will receive either 50 or 100 microgrammes per dose, while those ages six months to just under 24 months will get 25, 50m, or 100 microgrammes per dose.

All doses will be administered twice, 28 days apart.

For the sake of comparison, each Moderna dose for adults contains 0.5 milliliters of the vaccine, equivalent to 500 microgrammes. –Al Jazeera

Pfizer and BioNTech are already testing their COVID-19 vaccine in children as young as 12. Their initial clinical trial included 16 and 17-year-olds, and the vaccine is currently the only one authorized for use for minors in the US.

Operation Warp Speed: Big Pharma To Test COVID-19 Vaccine On Children As Young As 12

Contrary to What the Media is Telling You, Freedom Does Not Come from a Vaccine

This is to assess the safety of these gene therapies labeled vaccines. So they don’t know what is going to happen to these children, yet they want parents to willingly enroll their children in this study knowing that doing so can result in permanent damage to their child, or their child’s death.

It is no measure of health to be well adjusted to a profoundly sick society. Jiddu Krishnamurti

And we live in a profoundly sick society. We had better wake up soon.

This article was originally published by Brad Polumbo at The Foundation for Economic Education. 

The damage we’re inflicting on children is too devastating to be waved away in the name of public health—it’s quickly becoming an emergency in its own right.

Billions of people across the globe continue to live under COVID-19 lockdowns or heavily-restricted life. And for almost all of us, life amid the pandemic in 2020 was an isolating and difficult year. Yet doctors are warning that children, in particular, are experiencing grave mental health consequences as a result of the lockdowns—leading to an “international epidemic” of child suicide.

The Associated Press interviewed Dr. David Greenhorn on the subject, who works in the emergency department at England’s Bradford Royal Infirmary. The number of mental health crises he has seen, such as suicide attempts, has gone from a couple per week pre-pandemic to now several per day.

“This is an international epidemic, and we are not recognizing it,” Greenhorn said. “In an 8-year-old’s life, a year is a really, really, really long time. They are fed up. They can’t see an end to it.”

Dr. Richard Delorme heads the psychiatric department at one of the largest children’s hospitals in France, and he offered a similar warning to the AP.

Delorme pointed out that it is clearly COVID restrictions and lockdowns taking this toll on children that end up in his hospital: “What they tell you about is a chaotic world, of ‘Yes, I’m not doing my activities anymore,’ ‘I’m no longer doing my music,’ ‘Going to school is hard in the mornings,’ ‘I am having difficulty waking up,’ ‘I am fed up with the mask.’”

Delorme’s hospital went from seeing roughly 20 suicide attempts per month involving patients 15 or younger, the AP reports, to more than double that—and, disturbingly, more determination than ever before in the attempts.

“We are very surprised by the intensity of the desire to die among children who may be 12 or 13 years old,” Delorme said. “We sometimes have children of 9 who already want to die. And it’s not simply a provocation or blackmail via suicide. It is a genuine wish to end their lives.”

This is one of the most painful paragraphs I’ve ever read, let alone had to write about. Merely typing out this story flooded my eyes with tears. But the life-threatening unintended consequences of drastic pandemic measures are too important to overlook.

Government restrictions that would’ve been unthinkable two years ago have been forced through amid the fear and uncertainty that the pandemic’s outbreak understandably wrought. Advocates undoubtedly hoped to save lives. Yet government restrictions have proven dubious in their effectiveness, with both studies and real-world examples demonstrating little clear relationship between lockdown stringency and COVID deaths.

In the meantime, lockdowns and other restrictions have harshly curtailed social interaction and, tragically, catalyzing the aforementioned youth mental health crisis. Here in the US, the Centers for Disease Control reported that 25 percent of young adults considered suicide during the lockdowns, while overall mental health and suicide rates appear to have spiked as well.

Child suicide is only the latest mortifying revelation showing just how big a toll these policies have taken on us. We must factor this human damage into our analysis when it comes to ending pandemic restrictions; not just COVID case counts.

Like any policy, public health orders must be evaluated on their outcomes. As Nobel-prize-winning economist Milton Friedman said, “One of the great mistakes is to judge policies and programs by their intentions rather than their results.” Pandemic lockdowns may have stemmed from an earnest desire to protect the public, but their consequences have done the opposite.

Why? Well, any government action, particularly sweeping mandates, has not just its intended effect, but its second-and third-order unintended consequences.

“Every human action has both intended and unintended consequences,” economist Antony Davies and political scientist James Harrigan explained for FEE.org. “Human beings react to every rule, regulation, and order governments impose, and their reactions result in outcomes that can be quite different than the outcomes lawmakers intended.”

When it comes to lockdowns, we’ve extensively documented the unintended consequences at FEE, including isolation, depression, suicidality, unemployment, drug abuse, domestic violence, and more. Such severe second-order effects offer a painful reminder of why policymakers should be humble in the scope of their actions. Sweeping lockdowns are anything but humble: They presume that bureaucrats in an office somewhere can save society with top-down orders and nothing will go wrong.

Governments the world over must consider more than mere COVID case counts when evaluating current and future lockdown policies. The damage we’re inflicting on children is too devastating to be waved away in the name of public health—it’s an emergency in its own right.

If you or someone you know needs help, call the National Suicide Prevention Lifeline at 800-273-TALK (8255). You can also text a crisis counselor by messaging the Crisis Text Line at 741741.