remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit expansion.”
History tells us that we have now reached the point of no return.
So denying history at this point will not just be very costly but will lead to a total destruction of investors’ wealth.
This can not last much longer. The dissolving of this economic eco-system can not be far from a total collapse. My fear is the current govt. will encourage this before the election, blame the threat to democracy Trump and conservative Republican and due to war and the collapse of the dollar suspend democracy in order to save it, declare a national emergency and suspend or postpone the election.
This whole situation reminds me of the old book, "The Emperor Has No Clothes".
As long as Biden and his media minions keep spewing their drivel about how good the economy is, everyone believes it will be just fine.
Other than the artificially inflated stock market, everything else is a mess. Rising interest rates are killing consumers, the housing market and banks. If spending is still so robust, why are all of these companies laying off workers? If unemployment is so low, why are so many people defaulting on loans, going to food banks and becoming homeless?
I thought it was interesting yesterday when the CPI came in higher than expected, the market dropped, but then recovered.
None of this makes any logical sense to me. That's what makes me certain that we are being lied to.
I can't imagine the stress and hopelessness people feel. I was ammn employed, single mother of 1 starting in the mid 90ies. I can remember times when I had to be really careful with my grocery shopping and car usage after my bills were all paid but at least my bills WERE paid, we had a home and a vehicle, etc.
Next, the socialist commentary about Americans in the lower economic circles vs. Americans in the upper economic circles is kind of misleading. It's happening in every country, everywhere right now. Biden may be powerful but he's not the genius you make him out to be. Not one single thing he does, says, or makes happen is responsible for the WORLD'S food/financial crises. America is in the problems you describe because every other country is also.
Totally happy to give you a golf clap for once again relying on a good ol' dunk on Southern California. Red meat for the Oakie audience. Billy Joel playing Piano Man. Gallagher smashing a watermelon. Conservative writer complaining about SoCal. Gramma giving you a cookie. Everybody's faves. Yep, golf clap.
Not to worry, socialism will make us all equal. This is how they are preparing us to embrace the benevolent government that will punish the problems in our society. Soon they will start listing all of the problems, in order to help those that are willing to help them put a little pressure on the problem people. George Soros will gladly point out problem people.
remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit expansion.”
History tells us that we have now reached the point of no return.
So denying history at this point will not just be very costly but will lead to a total destruction of investors’ wealth.
This can not last much longer. The dissolving of this economic eco-system can not be far from a total collapse. My fear is the current govt. will encourage this before the election, blame the threat to democracy Trump and conservative Republican and due to war and the collapse of the dollar suspend democracy in order to save it, declare a national emergency and suspend or postpone the election.
The current government will due ANYTHING to keep DJT out of the White House. You can use your imagination to decide what that means.
We are reaping what has been sown.
This whole situation reminds me of the old book, "The Emperor Has No Clothes".
As long as Biden and his media minions keep spewing their drivel about how good the economy is, everyone believes it will be just fine.
Other than the artificially inflated stock market, everything else is a mess. Rising interest rates are killing consumers, the housing market and banks. If spending is still so robust, why are all of these companies laying off workers? If unemployment is so low, why are so many people defaulting on loans, going to food banks and becoming homeless?
I thought it was interesting yesterday when the CPI came in higher than expected, the market dropped, but then recovered.
None of this makes any logical sense to me. That's what makes me certain that we are being lied to.
The first three rules of lying:
1. Repeat 2. Repeat 3. Repeat
I can't imagine the stress and hopelessness people feel. I was ammn employed, single mother of 1 starting in the mid 90ies. I can remember times when I had to be really careful with my grocery shopping and car usage after my bills were all paid but at least my bills WERE paid, we had a home and a vehicle, etc.
I looked to see what movie the accompanying photo was from, but it turns out to be an "AI" image. Strange. Why start giving your business to Artificial Intelligence like this? https://pixabay.com/illustrations/ai-generated-man-face-tired-crying-8477201/
Next, the socialist commentary about Americans in the lower economic circles vs. Americans in the upper economic circles is kind of misleading. It's happening in every country, everywhere right now. Biden may be powerful but he's not the genius you make him out to be. Not one single thing he does, says, or makes happen is responsible for the WORLD'S food/financial crises. America is in the problems you describe because every other country is also.
Totally happy to give you a golf clap for once again relying on a good ol' dunk on Southern California. Red meat for the Oakie audience. Billy Joel playing Piano Man. Gallagher smashing a watermelon. Conservative writer complaining about SoCal. Gramma giving you a cookie. Everybody's faves. Yep, golf clap.
Pope Francis tells Communists: ‘Don’t back down, don’t give up’:
https://www.lifesitenews.com/news/pope-francis-tells-communists-dont-back-down-dont-give-up/
Deliberately Timed Man-Made Crisis. USA is getting close to be 250 years old, so they send in Biden....
https://thenationaldesk.com/news/politics/the-average-empire-survives-for-250-years-is-america-at-deaths-door
Not to worry, socialism will make us all equal. This is how they are preparing us to embrace the benevolent government that will punish the problems in our society. Soon they will start listing all of the problems, in order to help those that are willing to help them put a little pressure on the problem people. George Soros will gladly point out problem people.
But Biden tells us he's done a wonderful job w/ the economy-bunch of rot.