The Great Recession Blog

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Bill Gates, a plague and central banks have converged like the perfect storm to propel the US toward becoming a cashless society and toward using digital ID’s for all personal financial transactions. The coronavirus bound these forces together, compounded them with fear to overcome inertia, and is accelerating society down the digital-currency highway.

Many people are warming up to the idea of digital currency in a cashless society due to coronavirus because going touch free is cleaner than cash. Many businesses are already moving to make digital currency the only form of transaction they will engage in so their customers and their employees feel safe.

This may be my most important article to date. Bill Gates went viral in several controversial interviews last month, advocating mandatory digital ID as proof of coronavirus vaccination as soon as a vaccine is available. The proof will be required, if Gates has his way, before anyone is allowed in large public gatherings.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

Many nations that experimented with the Fed’s economic recovery plan are now going beyond the outer limits into the twilight zone of negative interest rates. Some of these nations continued to skirt in and out of the edge of recession throughout their years of economic stimulus; so, now they’ve powered their programs into hyperdrive to see if they can escape […]

In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as shown in the article below. As we enter 2016, we are only beginning to see this Epocalypse form through the fog of war. The […]

To divine the direction the world will take after global economic collapse, you have to understand the prevailing winds and the underlying tides. Look for the megatrends that are influences against which all other forces have minor affect. In predicting that global economic collapse would happen this fall, I pointed out the headwinds that would continue to grow in […]

Half a century ago I remember my mother, as she rolled dough on the kitchen table, listening to radio preachers who predicted that the entire would become a cashless society based on a biblical prophecy in the Book of Revelation. Those preachers are now dead, as is my mother, but their predictions are coming to […]

The Central Bank of Ireland is launching a €1 million campaign to create a cashless society in Ireland. The Central Bank on Dublin’s Dame Street is hoping to persuade all of the Irish to surrender their cash forever, and they’re using the current Irish economic troubles as a ripe opportunity to turn that corner on cash. […]