Big Tech Crash 2022: Amazon Fires 10,000 Employees, Largest Layoff In Company History

Over the past month, technology companies have laid off tens of thousands of employees. And the momentum in layoffs only appears to be worsening. According to a new report via NYTimes this morning, Amazon could add to the count this week as approximately 10,000 people in corporate and technology jobs will be slashed, in what could be the most significant job cut in the company's history. Amazon would become the latest tech company to reduce headcount. Just in the last few months, Twitter, Facebook parent Meta, ride-hailing company Lyft, software service firm Salesforce, payment platform Stripe, and a growing list of tech companies have announced layoffs of engineers, salespeople, and support staff.

The U.S. Medical System is Collapsing after Mass Exodus of Doctors and Nurses

The fact that there is a crisis in the U.S. medical system is not in dispute, as even the corporate media has been covering this since 2021, as many hospital Emergency Rooms across the U.S. have either closed down completely, or reduced their hours, due to lack of staffing. Earlier this month (November 2022) a group of medical organizations that include the American Medical Association and American Psychiatric Association warned President Biden that hospital emergency departments were reaching a “breaking point” as they deal with influxes of patients seeking beds that are not available. A report from commercial intelligence company Definitive Healthcare earlier this month stated that 334,000 physicians, nurse practitioners, physician assistants and other clinicians left the workforce in 2021. While statistics for 2022 are not available yet as the year has not yet finished, a survey conducted back in March this year revealed that one third of the nation's nurses were planning on leaving their jobs in 2022. These are facts that nobody is disputing. However, when we look at the reasons why these medical staff have left their jobs, there appear to be certain reasons that are not allowed to be mentioned or discussed in the corporate news media. What is never addressed is how many of these medical professionals, most of whom were mandated to take the experimental COVID-19 vaccines, have died or were disabled following the COVID-19 shots. The other reason that is never reported in the corporate news, is the emotional and mental state of medical professionals who still work in the system, and who have come to realize what these deadly shots actually do, but are too afraid to speak out. There are no political or judicial solutions to this problem, as both the Democrats and the Republicans are pro-vaccine, as is the U.S. Supreme Court. You will not find relief there. The only option left is to stop using the medical system.

The Religion of the Technocrats is Failing, as is Their Technology

As I noted in my article about the demise of self-driving vehicles, the faith in artificial intelligence is crashing down to reality, as investors in the technology find out the hard way that computers just cannot do all the things that the techno-prophecies have claimed. This was exposed in a recently published Bloomberg article quite eloquently by publishing quotes from Anthony Levandowski, the engineer who created the model for self-driving vehicle research and was, for more than a decade, "the field’s biggest star." So strong was his belief in artificial intelligence, that he literally started a new religion worshiping it called "The Way of the Future" Church. But after several years of waiting for the AI messiah to arrive and start replacing humans, his faith was shattered. Fast forward now 5 years later where AI cannot even figure out how to make a left turn in normal traffic, and these AI believers are quickly abandoning the faith, and starting to understand the limitations of computers.

Sam Bankman-Fried Bought Into Stakeholder Capitalism And Proved It’s A Disastrous Ideology

While many analysts and economists will be talking for months about the epic downfall of crypto-exchange company FTX and its founder Sam Bankman-Fried, their focus will be primarily on the billions lost, the mismanagement of funds, the fraud inherent in yield farming and the alleged betrayal of investor trust.  This is a tale as old as time and not anything surprising. What many in the mainstream are missing, though, is Fried's attachments to the World Economic Foundation, various global elitists and his avid sermonizing of the tenets of “effective altruism”, which are nearly identical to the tenets of Klaus Schwab's Stakeholder Capitalism agenda. The WEF lists FTX as a corporate “partner” and participant, which means the company must meet the globalist organization's standards for Stakeholder Capitalism, a socialist economic model which deconstructs the Adam Smith and Milton Friedman free market foundation.

Australian Bureau of Statistics Shows 72% Drop in Births 9 Months After COVID Shots Started

Australia appears to be one of the first countries to publish birth rates for 2021, and their December 2021 statistics show that births dropped 72% over the previous December average for the past six years. This drop in births is reportedly about 9 months after the roll-out of the COVID vaccines. The belief that these experimental COVID vaccines were never designed to prevent illness, but to reduce the world's population, is looking less and less like a "conspiracy theory" every day as the facts continue to come in. The funeral industry is booming, while life and health insurance companies are suffering. Could these numbers from Australia be the start of a flood of data that will come in now showing dramatic deceases in births and fertility rates following the COVID-19 vaccines? 

Big Tech Crash! Twitter Near Bankruptcy, Amazon First Company to Lose $1 TRILLION, Facebook Fires 11,000 Employees

I don't think the technocrats will be developing any "transhumans" anytime soon. On Wednesday this week, Amazon.com became the first publicly traded company in history to lose $1 trillion in market valuation. And then yesterday afternoon, Elon Musk told Twitter employees at an "all-hands meeting" that the company is losing so much money that "bankruptcy is not out of the question." All of this happened after the great cryptocurrency collapse of Tuesday, when the equivalent of a “bank run” happened when crypto exchange FTX saw $6 billion of withdrawals in a 72-hour span, resulting in them stopping the process of withdrawals. The other Big Tech news on Tuesday was that Facebook parent company Meta announced it is slashing more than 11,000 jobs, reducing its workforce by about 13 percent. This follows news that we reported about 2 weeks ago that the Department of Justice has started a probe into Tesla over their claims of having a "self-driving car." At about the same time this news was reported, Ford and Volkswagen announced that they were halting further investments into AI self-driving vehicles, forcing Argo AI, an AV technology startup founded by Uber and Google veterans, to shut down. The Big Technology Crash of 2022 has started, and it will probably make the Dot-com stock market crash of 2001 look like a walk in the park when this crash hits bottom.

The Petrodollar-Saudi Axis Is Why Washington Hates Iran

Why has Iran incurred such wrath from the American military-industrial complex establishment? The regime’s Sturm und Drang regarding Iran—and, for that matter, any state that even intimates that it will conduct trade in oil without the dollar, cf. Russia—is all about the petrodollar system. Just like the Federal Reserve system, the petrodollar cabal has to reign at or near the top of operative institutions that the vast majority of Americans have “kinda, sorta heard about” and yet possess no idea of the extent to which said things suppress American prosperity and prospects for the future.  Most have no idea why or how the Saudis can fund everything from genocidal proxy wars against Iran to upstart professional golf tours.

Ukraine’s Largest and Most Modern City has No Electricity or Running Water – Mission Accomplished?

The plight of people living in Ukraine has taken a backseat to the theatrics of the U.S. mid-term elections for the past week or so, so if you have not seen any of the news reports coming out of Ukraine, it appears that the war is effectively over, as the capital city of Kyiv, along with other major urban areas, have had their infrastructure destroyed, as people face cold weather with no electricity, and have to line up for hours just to get water. And while just a few weeks ago the corporate media was whipping everyone up into a frenzy about possible nuclear strikes by Russia, or false flag attacks inside Ukraine which would have escalated the war, this week the corporate media is widely reporting that negotiations with Russia, by both the U.S. as well as Ukraine, are now back on the table. If such negotiations ultimately end up with Russia hanging on to their annexed territories that they now claim are part of Russia, does that mean Russia "won"? Well, that would depend on what your view is regarding why this conflict began in the first place. As we reported back in September, an alleged leaked document from the U.S. military think tank RAND Corporation that was published about 1 month before Russia invaded Ukraine, stated that a weakened Germany and weakened Europe would strengthen the U.S. economy, by exporting more energy to Europe in place of the cheap energy they were purchasing from Russia, and by increasing U.S. military spending. And that seems to be exactly what has happened. So from that point of view, the Billionaires on Wall Street that control Big Oil and private corporations with defense contracts raking in $BILLIONS to send weapons to Europe, are the big winners, regardless of the outcome of the war.

Here Are All The Funds That Are About To Lose $BILLIONS In FTX

Now that the world's largest crypto exchange, Binance, has walked away from a bailout of world's second-largest crypto exchange, FTX, but biggest ever crypto fraud - far bigger than MtGOX ever was, here is a list of all the "luminary" investors whose money in FTX is now gone... all gone.

Crypto Currency Billionaire Loses Fortune Almost Overnight as Crypto Ponzi Business Exposed – The Beginning of the Great Reset?

November 8, 2022 will obviously be remembered in history as the day of the U.S. mid-term elections, but could another event that happened yesterday eclipse even the national elections? Earlier this year I warned that cryptocurrencies were NOT safe havens to protect financial wealth, when Coinbase, the largest US crypto exchange service, announced that they had cut off 25,000 Russian wallets. As I noted then, I have never felt comfortable putting major resources into cryptocurrencies for several reasons, the most obvious one being that it is dependent upon “the system,” which requires, among other things, electricity and a working Internet. New problems with cryptocurrencies were exposed yesterday, when the equivalent of a "bank run" happened when crypto exchange FTX saw $6 billion of withdrawals in a 72-hour span, resulting in them reportedly stopping the process of withdrawals yesterday.  Some big investors, including Blackrock and celebrity athletes including Stephen Curry and Tom Brady, were heavily invested in FTX. Sam Bankman-Fried, once featured on the cover of Fortune Magazine as potentially the next "Warren Buffet," and has now reportedly lost 94% of his $16 billion fortune, may be better compared to Bernie Madoff, as ZeroHedge News found an interview he did a few months ago where he admitted that crypto yield farming is basically a Ponzi business. The big question now is when will the other big Ponzi scheme rupture, the New York Stock Exchange, sending the U.S. and probably the rest of the world into financial ruins and usher in the Great Reset?