How to Reset the World
In the Wake of the COVID-19 Pandemic: Global Debt, Economic Shock Treatment, and the Great Reset
In the wake of the worldwide COVID-19 pandemic, the global community has found itself entangled in a complex web of economic and social consequences that have reverberated across nations. As the world seemingly grappled with a virus, a peculiar set of events unfolded, leading to a profound transformation in global economics and governance.
This transformation, characterized by unprecedented lockdowns and economic upheaval, marks a significant turning point in history. It echoes earlier instances of "economic shock treatment," such as the 1973 military coup in Chile, which ushered in devastating macro-economic reforms with the support of external actors.
This article explores the ramifications of the global response to the pandemic, which has seen the closure of national economies and the spiraling of global debt. These developments have resulted in a shift of power dynamics, with creditors playing a more influential role in shaping social safety nets and corporate bailouts.
As we examine the historical parallels between past economic crises and the current situation, it becomes evident that the same influential financial interests that played a role in previous crises are now actively involved in shaping the post-pandemic world. Figures like Henry Kissinger and organizations such as the World Economic Forum are central to this global transformation.
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