BANKING CRASH (SILLICON VALLEY BANK) w TOM LUONGO ep33

 

 

 

IT ONLY HAS 95 VIEWS BY NOW. BUT IT SEEMS TO ME THE MOST ACCURATE APPROACH TO THE FLOWING REALITY OF WORLD'S ECONOMIC, POLITICAL AND MILITARY POWER. POWER IS ALWAYS PLURAL AND YOU CAN NOT GRASP ITS TRUE REALITY IGNORING PLURAL AND UNEXPECTED OUTCOMES. LUONGO SAYS THE FED, AS DE FACTO SOVEREIGN, IS MOVING (VIA SILLICON VALLEY BANK ACTION) TO DEFEND US DOLLAR IN THE INTERNATIONAL ARENA AND MEET THE PLURAL REALITY OF WORLD'S POWER AWAY FROM "DAVOS INCUMBENT ELITE".

LUONGO ANALYSIS HERE FOLLOWS TO SOME EXTENT CARL SCHMITT'S INSIGHT ON ELITE:

"YOU MUST THEN KEEP YOUR PACE CLOSE TO THE ELITE'S ONE IN EACH MOMENT.BUT YOU SHOULD HAVE INTO ACCOUNT THE FOLLOWING:

1) TODAY'S ELITE IS NOT YESTERDAY'S ELITE AND MUCH LESS TOMORROW'S AND THE DAY AFTER TOMORROW ELITE

2) ELITE ARE THOSE WHO PAY LESS TAXES WITH MORE INCOME

3) ELITE ARE THOSE WHO CAN OBLIGE OTHERS TO FULFILL FORMS AND PETITIONS.ELITE ARE THOSE WHO CAN DEMAND INDEMNITIES FROM THEIR VICTIMS

4) ELITE ARE THOSE WHO DO NOT SEEK JUSTICE IN COURTS AND WHO ARE NOT AFRAID OF BEING BROUGHT TO COURT DUE TO THEIR WRONGDOINGS

5) ELITE ARE THOSE WHO DO NOT NEED TO SEEK PASSPORTS FROM THE POLICE

6) ELITE ARE THOSE WHOSE SOCIOLOGY NO ONE DARES TO WRITE. ELITE ARE THOSE WHO CHARGE OTHERS WITHOUT WORRYING ABOUT BEING CHARGED BY OTHERS

7) ELITE ARE THOSE WHO CAN RESIST "TU QUOQUE""

CS

(JULY 22, 1948)

LUONGO SPEAKS HERE, MASTERFULLY, THE ECONOMY, POLITICS AND SOCIOLOGY OF "DAVOS INCUMBENT ELITE" AND ITS RIVALS AND ENEMIES

FOR EUROPE, HIS VIEW IS SPECIALLY IMPORTANT. IF LUONGO IS RIGHT, AS IT SEEMS, EUROPE IS GOING TO FACE A STRONG ECONOMIC, POLITICAL AND MILITARY SUFFERING. EUROPE WAS AND STILL IS IN THE HANDS OF "DAVOS ELITE".ONLY HUNGARY HAS RESISTED IT REGARDING THE WAR IN UKRAINE.

WOLFGANG STREECK, FOR EXAMPLE, HAS EXAMINED THE SUBORDINATION OF GERMANY'S POLITICAL ELITE TO US GEOPOLITICAL STRATEGY.

LUONGO INTERESTINGLY SAYS THE FED IS MOVING USA AWAY FROM THE "INTERNATIONAL DOLLAR", THE EURO BEING ONE OF ITS MOST IMPORTANT CASUALTIES.

 

 

US/German spreads tightening. Today begins Europe's reckoning now that Powell has shored up the US banking system. pic.twitter.com/ck24QKMYBZ

— Tom Luongo (Head Sneetch) (@TFL1728) March 14, 2023

 

 

 

TIME IS AN ELITE'S ASSET ALSO. AND IT CAN BE USED, WITH OTHER MEANS,  TO CHANGE PRESENT INCUMBENTS AND RESISTS THEIR FUTURES. INCUMBENTS KNOW VERY WELL THEY ONLY HAVE THEIR OWN EXCLUSIONARY FUTURE