Will be the Small Business Sector Being Intentionally Targeted For Destruction?
Small enterprises need to take measures NOW before it’s too late.
The past 18 months have not already been kind to small businesses.
If you were unfortunate enough to reside in a blue state during the onset of the covid lockdowns and you own a brick-and-mortar business then you have probably invested a large part of that 18 months closed, or struggling to stay open with a skeleton team of employees.
If you did get a PPP loan from the government during shutdown you might be now realizing that the 24-week grace period is running out and you will probably have to pay most if not all of that money-back soon.
Many who tried to get a PPP loan failed because the money was quickly chewed up by major companies instead of being reserved regarding small businesses.
And this isn’t even the beginning of the listing of troubles for small companies. I have to say, unless a substantial part of your business is dealt with online your chances of staying solvent are slim. This is not the particular fault of most business owners, even though, it is a consequence of unnaturally created conditions and restrictions.
What do I mean simply by this? Well let’s look at some factors that many people might not be aware of…
Here’s why small businesses are suffering
For example , both state and federal governments have been providing some level of covid unemployment stimulus. In the case of federal programs this could amount to $300 extra a week on top of a person’s current unemployment checks, even more in case their state has a separate program. This has created a massive drought in the employee pool. No one wants to work when they may stay home, do nothing and earn more money than they ever were before the pandemic. The reality is that there are jobs everywhere right now, but very little one is applying.
This has led to major companies and retailers offering uncommon sign-on bonuses in the range of $300 to $500. A few companies are offering to pay individuals just to put in an application. Most are offering incredible wage boosts in the range of $15 one hour for unskilled labor.
But guess who seem to can’t make offers like this? The majority of small businesses. Large corporate chains have enjoyed endless stimulus packages from the government and the central bank and as long as this continues they will often be able to outbid small businesses for employees. And though the federal covid checks are slowly winding down, there are still lots of people receiving regular unemployment for a lot of months to come. In a outrageous twist, the jobless are actually flush with cash and they are in no hurry to rejoin the workforce. Little companies simply cannot compete plus lure these workers using their covid vacations.
On top of this, we are now witnessing a dynamic which I were warning would happen for years today – a stagflationary grind. That’s right, the debate which has been raging for a decade amongst alternative economists is lastly over: It’s not a deflationary depression or a Weimar-style hyperinflationary collapse that is bringing America down, but a debilitating stagflationary malaise. This means that Oughout. S. GDP will carry on and decline and certain industries of the economy will always decline while prices upon many products (primarily necessities) will continue to increase or even remain very high.
This creates a conundrum meant for small business owners – Their over head is rising and this is certainly shrinking their profit margins. But , if they raise prices much more it even harder in order to compete with large corporations that can keep prices lower for longer because they have government incitement backing them up. Therefore , not only are brick and mortar companies unable to compete for employees, they also can’t compete with regards to prices as the cost of materials and goods spikes. It could inevitable, they will have to close down. There were over 200, 000 extra small business closures in the past year alone due to covid and the lockdowns.
With small businesses becoming hit with a perfect tornado leading to mass closures, the end result will be that only major corporations will be left to offer services in the near future, and Seems wondering for the past several months now if this is not part of the plan…
Re-engineering the Great Depression
I am reminded of the situation that took place throughout the Great Depression involving small banking institutions. In the 1920s there were thousands of small town and region banks across the country that were unaffiliated with major banks such as J. P. Morgan or Chase National. It might audio strange to hear it but before the Depression many banking institutions used to be small mom plus pop businesses. By the end of the 1930s over 9000 little banks had failed, as well as the primary beneficiaries were the corporate banks that ingested all the assets into their portfolios for pennies on the money.
In other words, the particular banking industry and the substantial power it holds these days was consolidated in the wake up of the economic collapse from the 1930s, and nothing was ever the same again. This beneficial crisis was assisted along by the Federal Arrange, which had artificially reduced rates through the 1920s, simply to rip rates higher within the late 1920s and the early 1930s. In an address to economist Milton Friedman on his birthday, former Fed Chairman Ben Bernanke admitted that the Fed had been essentially responsible for the disaster of the 1930s, stating:
“ In short, according to Friedman and Schwartz, due to institutional changes and misdirected doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.
Let me end my talk by mistreating slightly my status as an official representative of the Government Reserve. I would like to say in order to Milton and Anna: Concerning the Great Depression. You’re right, all of us did it. We’re very my apologies. But thanks to you, we won’t do it again. ”
It’s actual interesting to me that the collapse that the Federal Reserve “ accidentally” caused just were the same collapse that permitted their good friends in corporate banking to centralize monetary power for decades to come.
Today, we may become seeing a similar scenario unfolding. Look at it this way – The particular lockdowns were completely unneeded. They didn’t stop an infection rates and thus they didn’t save any lives anyhow. In fact , the claims with the harshest lockdowns and strictest cover up mandates also had the worst infection spikes.
The covid unemployment programs are mostly unnecessary and only justified by the pointless lockdowns. And the stagflationary conditions were mainly inflamed by the trillions in stimulus that the government and the Federal Reserve imprinted from thin air to pay for the particular unnecessary covid response applications and unemployment. The covid checks and loans have got conjured a workforce calamity, but they have also fueled the retail buying spree that is mostly enriching manufacturing hubs like China, triggering overflowing shipping demand and delivery costs, straining the supply chain, jamming up cargo ports and raising overall prices by leaps and bounds.
Every single element of this crisis has been engineered. And I would suggest the chance that, like in the Great Depression, main corporations are once again in a convenient position to devour the small business sector and become the only game in town for everyone retail and services.
Not only do corporations take advantage of the death of small business, yet so does the Biden Administration in its relentless quest for covid vaccine mandates. Think about for a moment that small businesses are the antithesis to covid controls. Why? Because they provide people who refuse to take the fresh vaccines an alternative to major retailers that might demand to find out their vax passports. Small enterprises are much more likely to defy the particular draconian mandates, so Biden also wins by eliminating competition to the corporate oligarchy that support his handles.
Even if a small company complies with the passport mandates it will not save them, because the amount of extra costs associated with enforcement will be too much for many of them. Constantly policing customers and employees for up dated vaccine cards will become a full time job. Any slip up could mean a $70, 000 to $700, 000 fine, and because they have submitted to the passports those businesses will have no back-up from the community if they try to refuse to pay. They will ultimately close down anyway.
Without liberty minded small businesses, the only options remaining for the unvaxxed will be self employment (which will also be made more difficult over time), or even barter and black markets.
Ironically, it is this threat that furthermore creates an opportunity for small businesses proprietors. If they band together within their communities and let their own communities know that they definitely will not enforce the vaccine passports on employees or even customers, then they could actually have a way to compete with and defeat the big box stores. They might have far more potential employees applying for jobs so their own employee pool would grow at this critical time, and, they would gain all the customers in their area that furthermore refuse to comply with the jab. Unless they are operating within a blue county, they will likely gain considerable business.
All the incentives is there. Small businesses will succeed and local communities will have options for defiance of medical tyranny. Will it anger the conspirtors? Yes, but who cares about you. They want to put you from business anyway, so why not have a risk and fight back? The option is to make a stand right now, or live under the high heel of a boot for the rest of your days. That’s all there is certainly.
However , these measures need to be taken now prior to it’s too late. I also anticipate that as stagflationary challenges mount smaller businesses as well as the communities around them will need to start considering alternatives towards the U. S. dollar. Precious metals are one option, together with barter and trade or even local scrip as long as it really is backed by commodities. There is certainly much to be done. It is time for small businesses to accept the chance that they have been targeted for devastation; they can do nothing and wait for the hammer to fall, or they can take procedures to protect themselves. I suggest the latter.
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