Latest archive update. Includes all essays through 06-22-2026, Full and Lite versions, full-text search. Start with README. https://transfer.it/t/IYW0vfoXzRLC
My neighbour's partner - a mathematician, worked at the largest bank in my country as a developer of (complex) investment products, which were forced down the throats of wealthy private clients. As a result of the financial (banking) crisis, countless private clients lost their pension pots. This cost the aforementioned partner his relationship, because his then-girlfriend could not live with someone who actively contributed to the exploitation of unsuspecting private individuals.
During that same period, I worked as a project manager at a corporate DFS provider. Clients consisted mainly of insurance companies, mortgage lenders, and similar financial institutions. Consequently, I also had to deal with the then-new Basel III regulatory framework.
"A financial crash severe enough to wipe out pension fund holdings, destabilise the derivatives market, and show that the existing separation between monetary and fiscal authority is ‘inadequate’ would create exactly the conditions where coordinated economic policymaking becomes not just attractive but apparently necessary.
‘This must never happen again’ is the sentence that installs the architecture."
Agreeing with orDer, it's called short selling. There's even a documentary about it called The Big Short. Because the stock market is rigged so far as the discerning participants win whenever any position is either positive or negative.
But not everyone can actually get in on the action. Because that requires insider capitulation. And that is considered illegal...🤫
Anyone with a background in economics will remember the Black-Scholes-Merton model for options pricing.
But that was merely the start of the madness we see today. Principles and mathematical frameworks originally developed for physics are often used to design advanced trading strategies. Fields such as econophysics and quantitative finance apply these models to understand price dynamics, market microstructures, and option prices.
In the meantime, those (few) with insider information are laughing their heads off, because they only get richer, while ordinary investors can't compete fairly.
"...how absurd the valuation is. It’s dot-com on steroids, if you will. "
When 20 trillion dollars was created and added into the global money supply in 2021 to create a liquidity buffer so the banks could finally raise interest rates away from zero without causing another 2007 event, it was roughly 20% worth of global GDP, looking for a place to go. About 5 to 7 trillion was taken out over the next 2 years to repay a portion of the years' worth of Qantitative Easing (aka QT), but that was stopped relatively quickly. 5 trillion a small fraction of the total QE spend.
The remaining 15 trillion dollars or so still exists, and it is being applied to every facet of the economy, wages, food, energy, and stocks.
Wages were virtually stagnant for a decade, and suddenly, they're growing again, maybe not at the same rate as inflation (15% on average), but they never will.
Property prices, food, energy, and the markets all increase to accommodate the 15% global windfall. SpaceX, Tesla, AI, datacentres, all that stuff, is just the flavour of the times. 15 years ago it would have been Google and Apple getting it.
I keep wondering what event will be used to cause the next crash... Will it be something like this? Or the fun-filled delusional world of achieving "agentic AI" if enough GPUs are thrown at it? Or some mega-unnatural event engineered by our evil government twins over at US DoD/DARPA? Or will the nasties at NASA suddenly see Nibiru?
No kidding. I agree with ALL of your conclusions. Since I read The Great Taking, I understand the overall program they are following - to eventually migrate all of our (normal people's) wealth to collateralize their paper trade derivative market that has no real value underpinning any of it's trades.
And then put us normal people on a programmable currency to become their financial slaves for life.
Tokenization at The Depository Company Corp (where all of our USA stocks are held) was begun a couple of months back with T-Bills (US fedgov debt). Fednow and Stablecoin are in place and Stablecoin is growing because the purchasers do not grasp that all they are buying is USA debt... that could default at any moment.
But most folks I know won't do crypto directly with wallets, computers, block chain, etc. They would be clueless enough to participate if the public interface for the system was super simple.... and/or they were forced into it.
WHO is now the joke of the globe for its lies and corruption. The bird flu for birds that can't get the flu flailed around here, and went away because we ridiculed our state agriculture agency. This hanta virus thing isn't going to work... too many people are now questioning the very existence of viruses...
Even fake fightback figurehead Senator Ron Johnson has finally caught up to the fact of the C19 injection stripping out the P53 cancer preventing genes from our sells - 5 years after Sloan Kettering published that fact. He hasn't made it to the word "contagious" yet... but his staff did get him to mention that the C19 injected are still "shedding something" after 700 days...
I'm rambling. Everything just seems scrambled right now, and I've noticed that shit always happens after a lull.
The people in charge are not too bright and their solutions are obvious and simple.
For example. The figure of 20% of global GDP as stimulus was a nice round number and probably plucked out of the air.
The same as with the COVID pandemic, release a relatively non-fatal bioweapon, lock down the world. Release enormous stimulus.
The vaccines were collateral. It just so happened they were very bad because vaccine companies, i.e Fauci, also had their own agenda tacked on. Watch the 2019 milken institute (gates foundation) video on flu vaccines for proof.
The problem is that people expect some super elaborate plan, while in reality it is quite simple and right in front of our eyes.
I also agree that a global digital currency is inevitable, but it probably isn't nefarious. Of course it will be used to provide greater control and enrich the banks.
I also believe that in the future the people will demand AI governance of some kind due to incompetent leadership. This also probably isn't nefarious, but the problem with AI is that nobody can ever know why a particular decision was made, not even the AI. It's simply impossible.
In my opinion, the plan is simple.
The first part: Move the west to become a green socialist utopia controlled by the banks where retail, services, and finance are the only industries. It is almost there.
And the second part: enslave China/productive/resource rich nations, to regain control over global supply. This part is proving to be a tad more difficult.
But generally, a completely simple plan that has virtually no complexity of thought.
Yes, it was a set-up, bound to ramp up from programmed-buying, but Musk offers the only somewhat plausible gambling table to continue exponential financial growth on a finite planet, by doing it off-planet, using 2 orders of magnitude more orbital lift, for cheaper, and mining Helium-3 from the moon for nuclear fusion.
That's what the US and China are racing for, the Helium-3.
No, I don't bet on those things. I grow a couple of large vegetable gardens and expect collapse on the planetary surface, where I will ever dwell.
Latest archive update. Includes all essays through 06-22-2026, Full and Lite versions, full-text search. Start with README. https://transfer.it/t/IYW0vfoXzRLC
SpaceX ≈ Vaporware.
This essay actually contains a mini crash course 'finance & investment for dummies', if you also read the links in the footnotes.
What ESC highlights briefly below: https://escapekey.substack.com/i/202242881/what-happened-last-time, is something I have experienced firsthand.
My neighbour's partner - a mathematician, worked at the largest bank in my country as a developer of (complex) investment products, which were forced down the throats of wealthy private clients. As a result of the financial (banking) crisis, countless private clients lost their pension pots. This cost the aforementioned partner his relationship, because his then-girlfriend could not live with someone who actively contributed to the exploitation of unsuspecting private individuals.
During that same period, I worked as a project manager at a corporate DFS provider. Clients consisted mainly of insurance companies, mortgage lenders, and similar financial institutions. Consequently, I also had to deal with the then-new Basel III regulatory framework.
Have a laugh: https://digitalfinance.worldbank.org/topics/dfs-overview
"A financial crash severe enough to wipe out pension fund holdings, destabilise the derivatives market, and show that the existing separation between monetary and fiscal authority is ‘inadequate’ would create exactly the conditions where coordinated economic policymaking becomes not just attractive but apparently necessary.
‘This must never happen again’ is the sentence that installs the architecture."
There's your '𝗢𝗿𝗱𝗼 𝗮𝗯 𝗰𝗵𝗮𝗼 (𝗰𝗿𝗲𝗮𝘁𝘂𝘀)'.
Excellent analysis across the long run time line. The direction of travel is systemic and strategic.
https://grubstreetinexile.substack.com/p/the-determination-and-the-interruption?utm_source=share&utm_medium=android&r=l1oox
Why would the stock market ever crash when the ruling class are making so much money?
Agreeing with orDer, it's called short selling. There's even a documentary about it called The Big Short. Because the stock market is rigged so far as the discerning participants win whenever any position is either positive or negative.
But not everyone can actually get in on the action. Because that requires insider capitulation. And that is considered illegal...🤫
Yes, and/or by milking a bearish option strategy.
You lost me at " options ".
This stuff gets complicated quickly indeed.
Anyone with a background in economics will remember the Black-Scholes-Merton model for options pricing.
But that was merely the start of the madness we see today. Principles and mathematical frameworks originally developed for physics are often used to design advanced trading strategies. Fields such as econophysics and quantitative finance apply these models to understand price dynamics, market microstructures, and option prices.
In the meantime, those (few) with insider information are laughing their heads off, because they only get richer, while ordinary investors can't compete fairly.
Precisely!? 😁
It's gonna be interesting when the entire world is on a 24/7 exchange with instant settlement. Yikes!
The short answer:
- because the stock market doesn't reflect 'real value' (at all)
- you can make a huge amount of money from a stock market crash, especially if you orchestrate it yourself.
If "you will own nothing, and be happy", then guess who owns everything.
Sorry but I just gotta answer the question: It's definitely not us.😔 Because it's like everything else on the menu. We're just another product...
"...how absurd the valuation is. It’s dot-com on steroids, if you will. "
When 20 trillion dollars was created and added into the global money supply in 2021 to create a liquidity buffer so the banks could finally raise interest rates away from zero without causing another 2007 event, it was roughly 20% worth of global GDP, looking for a place to go. About 5 to 7 trillion was taken out over the next 2 years to repay a portion of the years' worth of Qantitative Easing (aka QT), but that was stopped relatively quickly. 5 trillion a small fraction of the total QE spend.
The remaining 15 trillion dollars or so still exists, and it is being applied to every facet of the economy, wages, food, energy, and stocks.
Wages were virtually stagnant for a decade, and suddenly, they're growing again, maybe not at the same rate as inflation (15% on average), but they never will.
Property prices, food, energy, and the markets all increase to accommodate the 15% global windfall. SpaceX, Tesla, AI, datacentres, all that stuff, is just the flavour of the times. 15 years ago it would have been Google and Apple getting it.
The Speed of Historical Reversals: An Essay by Luc Lelièvre: Unbekoming (Jun 18)
https://substack.com/home/post/p-201816455
So Then, Who Do We Kill?
I guess buy physical silver and hide it in the basement
Grow vegetables. Store water & propane. Live where weather and neighbors won't kill you.
That's pretty narrow, already.
I keep wondering what event will be used to cause the next crash... Will it be something like this? Or the fun-filled delusional world of achieving "agentic AI" if enough GPUs are thrown at it? Or some mega-unnatural event engineered by our evil government twins over at US DoD/DARPA? Or will the nasties at NASA suddenly see Nibiru?
Will there be a crash?
Since 2007 our economic masters have become quite shrewd.
They have also cleared the path for all manner of wonderful trickery.
And if all that fails, they have their original failsafe: world war.
And since 2020 they have a new option: global pandemic.
No kidding. I agree with ALL of your conclusions. Since I read The Great Taking, I understand the overall program they are following - to eventually migrate all of our (normal people's) wealth to collateralize their paper trade derivative market that has no real value underpinning any of it's trades.
And then put us normal people on a programmable currency to become their financial slaves for life.
Tokenization at The Depository Company Corp (where all of our USA stocks are held) was begun a couple of months back with T-Bills (US fedgov debt). Fednow and Stablecoin are in place and Stablecoin is growing because the purchasers do not grasp that all they are buying is USA debt... that could default at any moment.
But most folks I know won't do crypto directly with wallets, computers, block chain, etc. They would be clueless enough to participate if the public interface for the system was super simple.... and/or they were forced into it.
WHO is now the joke of the globe for its lies and corruption. The bird flu for birds that can't get the flu flailed around here, and went away because we ridiculed our state agriculture agency. This hanta virus thing isn't going to work... too many people are now questioning the very existence of viruses...
Even fake fightback figurehead Senator Ron Johnson has finally caught up to the fact of the C19 injection stripping out the P53 cancer preventing genes from our sells - 5 years after Sloan Kettering published that fact. He hasn't made it to the word "contagious" yet... but his staff did get him to mention that the C19 injected are still "shedding something" after 700 days...
I'm rambling. Everything just seems scrambled right now, and I've noticed that shit always happens after a lull.
The people in charge are not too bright and their solutions are obvious and simple.
For example. The figure of 20% of global GDP as stimulus was a nice round number and probably plucked out of the air.
The same as with the COVID pandemic, release a relatively non-fatal bioweapon, lock down the world. Release enormous stimulus.
The vaccines were collateral. It just so happened they were very bad because vaccine companies, i.e Fauci, also had their own agenda tacked on. Watch the 2019 milken institute (gates foundation) video on flu vaccines for proof.
The problem is that people expect some super elaborate plan, while in reality it is quite simple and right in front of our eyes.
I also agree that a global digital currency is inevitable, but it probably isn't nefarious. Of course it will be used to provide greater control and enrich the banks.
I also believe that in the future the people will demand AI governance of some kind due to incompetent leadership. This also probably isn't nefarious, but the problem with AI is that nobody can ever know why a particular decision was made, not even the AI. It's simply impossible.
In my opinion, the plan is simple.
The first part: Move the west to become a green socialist utopia controlled by the banks where retail, services, and finance are the only industries. It is almost there.
And the second part: enslave China/productive/resource rich nations, to regain control over global supply. This part is proving to be a tad more difficult.
But generally, a completely simple plan that has virtually no complexity of thought.
Just this :
"I also believe that in the future the people will demand AI governance of some kind due to incompetent leadership. "
This is precisely the "Plan".
See Fabian society, Charterhouse, Bilderberg Group, Kalergi Plan, CFR, etc.. .
Ramble brother, ramble on. Because it's not ramble when you're making sense.
💯🔥💯
Looks like someone is spamming crypto using @escapekey_admin.
See also: https://endtropy.substack.com/p/spacex-orbital-datacenters-updated
Space x is a fake org to launder taxpayer money.
[PROVENANCE: UNVERIFIED / ANONYMOUS] flagged pending audit results —
As such, a valuable and extensive source of useful information, I am doing some deep analysis of the Escape Key.
Yes, it was a set-up, bound to ramp up from programmed-buying, but Musk offers the only somewhat plausible gambling table to continue exponential financial growth on a finite planet, by doing it off-planet, using 2 orders of magnitude more orbital lift, for cheaper, and mining Helium-3 from the moon for nuclear fusion.
That's what the US and China are racing for, the Helium-3.
No, I don't bet on those things. I grow a couple of large vegetable gardens and expect collapse on the planetary surface, where I will ever dwell.
Excellent analysis across the long run time line. The direction of travel is systemic and strategic.
https://grubstreetinexile.substack.com/p/the-determination-and-the-interruption?utm_source=share&utm_medium=android&r=l1oox