The populist revolution is spreading all over the world. Orban in Yugoslavia. Republicans in the US. Le Pens in France, Farage in Britain, the Neo-Nazi AFD in Germany, Chavez in Venezuela, and similar parties all over the world.
I don't care to speculate on why they are all taking power, or why the particular leaders appeal to their working class partisans. I just think it fascinating that all the populists leaders are very wealthy and are all backed by Billionaire co-leaders, proxy leaders, and the entire billionaire class of their particular countries.
The Republicans are backed by Elon Musk and most of the rest of the Billionaire class in the US. Orban is backed by multibillionaire Lorinc Meszaros and his son in law is the youngest Billionaire ever in Yugoslavia. The Le Pens are backed and controlled by Billionaire Vincent Bollore, and Nigel Farage seems to be a puppet of the Murdoch family. The Flick family are the most prominent German Billionaire neo nazis, but certainly not the only ones
Why the Billlionaire class is attracted to an extreme right wing nationlist agenda that also appeals to the working classes is for historians and psychoanalysts. Or perhaps they just don't care about the agenda as long as they can buy the leaders.
All I can say is if you want to understand what the ultimate policies of these politicians will be and their economic results you have to ask one question: CUI BONO? Who Benefits?
Now it may be the working class that elects these people. But it is the Billionaire class that pays their parties, their election costs and their salaries. So the Billionaire class will be the ones who benefit.
And the Billionaire class is dependent on the ever increasing flow of liquidity coming from the world's central banks. This flow is highly inflationary.
So expect inflation. And expect gold to rise with the tide of inflation,
No comments:
Post a Comment