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Our First Greatest of Greats: Timing the Great Reset

Nov 17, 2020 | Short-form, Social Commentary

Reading Time: 3 minutes

Over at Charles Hugh Smith’s blog, he expounds upon a thought-provoking idea. And that’s how the Great Reset has already happened.

That’s right. As in… done. Finito. All wrapped up. And the simulation went live a decade ago.

For those of you still in Normieland™, The Great Reset is a term that quickly entered the vernacular earlier this year. Spurred on by the “pandemic” and this World Economic Forum video, it has a rather dystopian feel to it. You might be inclined to say that “rather dystopian” is an understatement too.

And then, the executive chairman of the forum, Klaus Schwab, was given a nice spot to air his views in Time Magazine. Equally Orwellian, the puff piece is an eerie demonstration of technocratic policyspeak. (You can read more about the forum itself here).

Short version: hungry, power-connected individuals are re-visioning our place in the world. And they believe that they have the mandate to make it happen. I wish that I was making up any part of this vision. Because in it, there’s killer plagues, cyberpunk cities, the abolishment of personal property, zero privacy, and even a super sexy merging of your body with technology through brain implants. Oh, and no opting out, for anyone.

You know, just the stuff of every little boy’s totalitarian, sci-fi nightmares.

But let’s hear what Mr. Smith has to say about it.

All the PR being spewed about The Great Reset is the final frantic flailing of a system that’s drowning in its own excesses. The 50-year long era of the few enriching themselves as the expense of the many has ended, for the same reason eras of extreme exploitation always end–the elites got too greedy and overshot the economy’s ability to sustain their rapidly expanding share of the income and wealth.

Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize. The hyper-centralized global money control has run out of rope as the cheap oil is gone, debts have ballooned to the point there is no way they’ll ever be paid down, and the only thing staving off collapse is money-printing, which holds the seeds of its own demise.

And also

This Fed-created house of cards was never sustainable, or healthy, as all the incentives to add capacity were perverse. The illusion that every mall, office tower, retail space, college, apartment building, etc. would be filled was only plausible as long as consumers and zombie corporations were borrowing and spending more than they earned.

That was never sustainable, but rather than look at the systemic set-up of an insanely predatory, fragile debt bubble resting precariously on over-capacity, the status quo is blaming Covid and lockdowns. The problem isn’t the pin, it’s the bubble that was begging to be popped by something, anything.

Now, I’m not one for conspiracy theories. Because I grew up steeped in them, I’ve always been very skeptical.

But friends and I have been debating a lot about what we’re really witnessing here. Is it the final death throes of neoliberalism? Or are they just getting warmed up?

Still, in this case, you’re in a precarious position when it comes to knowing. Although, we wish we could look back at our current moment through the lens of history, we are inevitably still caught up in the processes of today.

However, for a start, as Mr. Smith points out, you have financial conditions that are so blatantly rigged, no one really bothers to deny it anymore. It’s simply a fact of life. Next, you have obvious political consolidation across the world as all the suits push empty phrases like “Build Back Better”.

Most importantly though, you have these quasi-aristocratic figureheads willing to publicly go on the record about all of it.

How would we know when the Great Reset had officially kicked off?

I’m inclined to mostly agree with Mr. Smith: it’s not like the looting is anything new in the US. Yet, the fact is that the games intensified and never stopped after 2007. Consequently, it’s only come to include literally almost everyone and everything, and all this before Covid. And 2020 bears witness to that simple fact.

Then, what about the Great Reset video and Klaus Schwab? What are we to make of them?

What we’re seeing is not marketing to prime the pump, i.e. media meant to get people to accept what’s coming. After all, technocrats didn’t ask permission when they locked down the global economy. Or mandated everyone cover their faces on a whim. Or when they gave themselves trillions this time around.

True, what we’re seeing, however, is certainly a bit of a concerted PR campaign. But one to get people to surrender to—and certainly not fight back against—what no one cares to even hide anymore. Because why would they hide it in 2020 after everything that’s gone down?

And in that question is the important difference.

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