I've been doing more research (what's new?), and came across this video of a gal in Australia interviewing Martin Armstrong. For those who are not aware of Mr. Armstrong, here's some info from his website.
Armstrong Economics offers unique perspective intended to educate the general public and organizations on the underlying trends within the global economic and political environment. Our mission is to research historical cyclical patterns and market behavior in timing, price and crisis to better understand and identify potential future trends, using an extensive monetary database and advanced proprietary models. [1]
The video - Why Schwab's Great Reset May End in Tears - is something that will likely keep you watching/listening until the end. Let me provide some of the highlights. Armstrong believes that ultimately, Schwab's "Great Reset" will fail and bases his opinion on the historical financial cycles that have occurred throughout the world; the "models."
Martin notes that Schwab - a dyed in the wool Marxist - cannot succeed in his plan because Marxism itself has never succeeded. While he does note that after 2032, there will be some new form of government because things cannot continue as they are, what Schwab wants now won't come to full fruition, he believes. Armstrong also states that Schwab is not a mouthpiece for anyone. He is the guy who has thought of all the things he is attempting to put into place.
The big question is WHY? Well, most of us realize that what Schwab is attempting is a complete power grab (not unlike what the coming Antichrist will actually achieve when he rises). However, the underlying reason for this power grab is, according to Armstrong, that Schwab is ultimately trying to protect his own "insolvency." How could one of the richest men in the world be in that situation? They all are really because they've been borrowing money hand over fist for decades and what they have on paper, is not necessarily an accurate reflection. Armstrong goes into quite a bit of detail about this and shows that the financial models that have been followed throughout history always come back and repeat themselves again.
He goes back to the days of FDR when he confiscated all gold in the USA. If you had gold then, you had to give it up. Does that sound like democracy or fascism? Eventually, the government also came in and said they were taking 10% of what each person had in the banks and in exchange for that they would give each person a government-issued "bond." This eventually led to a "run" on the banks. Because people had lost confidence in the government, due to the fact that the government was simply taking 10% from people that they had no right to take, folks ran to the banks and began removing their money. The government then began simply printing money. This in turn led to bank closures and frighteningly high inflation, which led to what? The Great Depression. There was nothing "great" about it for most people alive then.
Armstrong believes that there will be financial "panic" of 2022 (this year folks). Why? Because he understands that people like Schwab and Gates etc, cannot continue to prop up what they've created financially. In essence - and this is important - there needs to be another "reset" (not unlike the Great Depression was used to reset things), so that the debt of people like Schwab, Gates and especially governments, can be "forgiven" and during the process, they will try to take what WE have. Their goal is to turn their focus back to us after they've taken everything and pretend to be the magnanimous "lords" of the manor...