By Ross Powell, USDR Contributor
If the potential failure of the dam in Oroville, California wasn’t such a precipitous event then it would serve delightfully as a poetic metaphor of the current financial and geopolitical situation. As it stands, we must consider the immediate implications of the event itself before taking a look at its symbolic significance. Residents downstream were given evacuation orders that were apocalyptic in tone. They were essentially told that the dam would fail within an hour. Those warnings turned out to false alarms – thank God – but even so there is no material remedy for the devastating potential that continued rainfall accumulation could have on this vivid picture of crumbling American infrastructure. In the intervening time we now have scattered reports of looting and general chaos in the area.
Thinking several steps ahead in the cause and effect chain is a fundamental and irreplaceable component of scenario planning and preparation. Should the dam fail – seemingly every forecast and prognosis says that it will – then we should be aware of some long range ramifications. We have all seen reports of floods, mudslides, and other sorts of natural disasters, but they are usually seen as localized tragedies. The out of sight out of mind paradigm still operates, stubbornly refusing to budge from its comfortable perch in our human nature. However, there is recent precedent for the unmitigated damage that local events can have more broadly.
Incredibly, the ongoing destruction of the Pacific Ocean as a result of the Fukushima nightmare – ongoing for almost six years at this point – demonstrates all too clearly both how the failure of human infrastructure can lead to irreversible catastrophes and how perception management can be used to distract the population from the inevitable, harsh side of reality. In the case of Oroville, the major disaster mechanism is financial. Should some 50 miles of California flood, the evaporation of wealth from real estate value alone would be a significant shock. Sadly, our chain of reasoning cannot afford to stop at the immediate damage that would be caused.
The broader damage would be created through insurance. Most people don’t bother to understand insurance, but in our current financial system both insurance and re-insurance companies are inextricably intertwined with banks and other institutions through complex derivative contracts and other agreements. AIG ran into existential trouble during the financial crisis for a variety of reasons including their insurance of bad bets. When you don’t have enough capital to cover your claims because of an unexpected shock, you have to liquidate your assets in order to meet your obligations. If you can’t, then you either go under or get bailed out.
The insurance claims on 50 miles of prime real estate in California would generate massive amounts of payouts that would in turn put significant pressure on the insurers as well as the re-insurers and banks. These intricate layers in the financial architecture provide fragility and systemic risk rather than protection and security. This is a dangerous scenario primarily for those who are in the danger zone but also for the broader economic and financial system. We cannot continue to provide paper solutions to real problems indefinitely and with increasing frequency.
In fact, the dam may be figuratively about to burst in many different spheres. The ongoing leaks inside the Trump administration – likely coming from staffers and operatives still in place from the previous administration – demonstrate that the political enemies of the President are not going quietly into the good night. Just prior to surrendering the Oval Office, the Obama regime installed sweeping new Orwellian guidelines allowing federal agencies to access the databases of the NSA without either a warrant or an explanation. This was an ironically fitting end to the so-called ‘most transparent administration in the history of the United States’.
The absolute mess left behind cannot be accidental and is in the best case deliberate sabotage. Sedition is a better term for it, although at this juncture it must be stated as alleged for the sake of formality. Regardless, the only way to clean house, to unify the country, and to drain the swamp appears to be for the dam to break on the lies that have been shellacked over the eyes of the American people for half a century. There is outrage in the land of both the organic and astroturf variety. The only way to channel this anger is to unify it on a common enemy. This ancient technique of manipulate, divide, and conquer is still in play because of its seemingly universal effectiveness.
The only remaining question is who will play the role of the bad guy. If we swing towards painting Russia or even our own President as the enemy, then civil war and economic collapse will likely be unavoidable. However, there is some daylight in the form of the truth bomb option. Should the unspeakable evils of the occult elite and their power playing figureheads be exposed, should the people of this world be forced to deal with a truth so harsh and evidence so infallible that their normalcy bias and cognitive dissonance could not survive, and should the dam of deception fail – revealing the true nature of the swamp that lies beneath – then the flood of anger could be directed towards those who have thus far escaped judgment for their brutal and heinous acts.
The breaking of such a dam as the result of such a truth bomb would lead to a period of bitterness and strife exceeding what we currently see. However, those of us with eyes to see the corruption in the system and the deliberate evil that bolsters it know that there is no clean way to instate a new system rededicated to life, liberty, the pursuit of happiness, honesty, equality, and righteousness. A flood of truth might just be the only way to clean house and to rebuild our financial and political institutions.
Ross Powell is the Founder of Survival 401k, LLC. He graduated from the University of Texas and is a veteran Naval Officer. Ross worked in banking and finance for almost 30 years including some of the largest banks and insurance companies in the country. His intimate knowledge of the inner workings of financial institutions helps him direct clients into Solo 401k products to take control of their retirement funds and escape the pitfalls many see in modern Wall Street centric retirement portfolios. He can be reached through http://survival401k.com/.