Monday, November 23, 2020

"Compassion and Enabling"

"Compassion and Enabling"
by admin

"Sometimes there is a very blurry line between feeling and expressing compassion, and enabling someone. Showing compassion is giving someone space and understanding so they can work through their predicament whilst remaining at a healthy emotional distance. This healthy emotional distance can be hard to judge in close knit relationships such as marriage and families. For should one fall over the edge of compassion and into the field of pity, neither party will benefit. Pity serves no one in relation to creating the desired changes within relationships of any kind.

Somewhere in between the blurry lines of compassion and pity lies the process labeled as enabling. Enabling is an overdose of compassion. When compassion distorts into pity, the individual is assisted in continuing with behavioral traits that clearly do not serve either party with regards to emotional, mental and psychical health.

People become enabled to continue their damaging behavioral traits via beloved others wearing the mask of compassion. The beloved other becomes drawn into the vacuum of the sufferer’s reality. Unknowingly, they begin to slip into pity, whilst believing that they are still expressing compassion. Once a person becomes drawn into the illusion of the other person’s reality they begin to make excuses for themselves as a means of justifying the abuse they are committing. They are enabling the sufferer, therefore abusing the sufferer, whilst they wear the mask of compassion. For anyone who is assisting the abuser, via allowing the abuser to continue on their discourse without obstruction, using (false) compassion (pity) as a reason, is ultimately abusing and damaging the abuser even more. And they are also damaging themselves.

Now this sounds all good and fine in theory from the clear perspective of the unattached observer, but what of the person in the eye of the tornado. What of the mother whose daughter is severely addicted to drugs? And what of the husband who must cope with the severe depression of his wife?

Compassion and pity become extremely difficult to distinguish in such circumstances. One’s own belief systems become strained and one starts to question the integrity of their own reality. Little by little people begin to compromise themselves in order to compensate for the others distorted behavioral traits. This is pity and pity is abuse. These self compromises come from one’s own false belief that they alone are responsible for ensuring that the abuser is healed. They take the false responsibility on board based on ethics and morals they have adopted from society or other people, meanwhile their intuition, (their inner truth) screams at them telling them that this does not feel right.

When one indulges another’s reality long enough via pity, one cannot help become exposed to deteriorating emotional and psychological states. This is the clearest sign that you have been enabling someone. If you are showing someone genuine compassion then your psychological and emotion health will not be affected.

When you find yourself constantly dwelling over another’s situation as well as altering your psychological and emotional states to compensate for another’s predicament, then you are enabling someone. This for most people is too harsh a reality to admit, especially when the person is very close to you. Usually one’s entire belief system is based on giving love and helping another, yet when love and compassion distort into pity and enabling, we are simply forgetting to love ourselves first, and in doing so, we hurt the other instead.

On the surface this may sound selfish, yet the underlying truth is that we cannot help another, unless we love ourselves correctly first. Another harsh reality is that you are responsible for no one but yourself. Compassion allows someone the opportunity to realize this even in the mist of immense suffering. Pity enables another to disperse responsibility away from themselves and onto another, which helps and heals no one.

There are no definitive guidelines to judge whether you are expressing compassion or enabling someone. But perhaps the question you could ask yourself is; if I continue to live with my present emotional and mental states, will this affect my overall health in the future? If you can honestly answer ‘no’, then you are expressing compassion. If you can’t honestly say ‘no’, then perhaps you need to step back a touch and love yourself more, and then you will have a clearer perspective in regards to the other, and what the other really requires."
"Compassion is not at all weak. It is the strength that arises out of seeing the true nature of suffering in the world. Compassion allows us to bear witness to that suffering, whether it is in ourselves or others, without fear; it allows us to name injustice without hesitation, and to act strongly, with all the skill at our disposal. To develop this mind state of compassion... is to learn to live, as the Buddha put it, with sympathy for all living beings, without exception."
- Sharon Salzberg

"Wonder..."

"Don't wonder why people go crazy. Wonder why they don't.
In the face of what we can lose in a day, in an instant,
wonder what the hell it is that makes us hold it together."
- "Grey's Anatomy"

The Daily "Near You?"

 

Tillsonburg, Ontario, Canada. Thanks for stopping by!

Gregory Mannarino, "Mannarino On The Verge Of FRENZY, Market Going To Pluto, And Here Is Why"

Gregory Mannarino,
"Mannarino On The Verge Of FRENZY, 
Market Going To Pluto, And Here Is Why"
Related:

"Acceptance..."

"Acceptance is a crucial step forward for those who prefer the idea of living this life over simply existing within it. Accept all that you've said and what you've done, because you cannot change your past. Accept the idea of the unknown, because the future is the unknown waiting patiently to reveal itself. Accept the person you have become thus far in your journey, because you are the only person who will be there with you when you finish it. Do all of this so that you may never find yourself having to accept regret that haunts you at two a.m., leaving you sweaty and broken hearted. All you have is this minute; not this hour, or this day, or this year. Live in this minute so that you won't get stuck simply existing with your guilty past, or with nothing but anxiety for the future."
- Margaret E. Rise

"U.S. Moral Compass"

 
Moral compass? Surely you jest! This is 'Murica! 

"Georgia BOMBSHELL Edison Data Analysis – BIDEN takes MINIMUM 98% of a 23,487 vote batch at 12:18AM – Impossible!"

Full screen mode recommended.
"Georgia BOMBSHELL: Edison Data Analysis – BIDEN 
takes MINIMUM 98% of a 23,487 vote batch at 12:18AM – Impossible!"
by The Epoch Times

"Biden's lead in Georgia is only 12,781 votes.

- This analysis is based on official timestamped election night data from Edison Research which was obtained from the NYT website.

- This batch of 23,487 votes went, at an exact absolute minimum, 97.9779% for Biden.

- This batch was uploaded at 12:18AM EST on Nov 4.

- This is not a case of updating one candidate at a time; we can see from looking at the surrounding batches that Trump did not receive any corresponding entries.

- According to official data released by the state of Georgia, the county in which Biden received the highest percentage of total absentee by mail votes was Dekalb County at 86.39% (a whole other can of worms).

- That makes this batch of votes extremely suspect, even if every single allowance is made with the minimum number of votes gained and assuming it's 100% mail in from the most heavily D county.

- There are likely thousands of questionable votes in this batch.

The ballots that comprised this batch should and must be obtained and independently audited (i.e. not by city officials) as soon as possible. Nine witnesses of the recently completed Georgia audit, including at least one registered Democrat, swore to have seen suspiciously pristine, uncreased mail ballots, uniformly and perfectly filled out, almost always for Biden. In one case, a batch of such ballots included 500 ballots in a row all cast for Biden. Is there a relation?"
Related:

"How It Really Is"

"Talkin’ Turkey"

"Talkin’ Turkey"
by Jim Kunstler

"Only a few years ago, the nation seemed sturdy enough that its very existence would not be called to question. Now, not so much. In 2016, the elite, blue, coastal oligarchy was too smugly self-satisfied with its correctness-in-all-things - especially its right to power - to bother rigging the election beyond the usual urban ward-level hijinks in the usual places. But then, Hillary lost to Mr. Trump via the inside straight of his bagging the swing states electoral votes without winning the national popular vote.

They sure weren’t going to let that happen again, and thus the weird spectacle this time of wee hour vote-tallying suspensions followed by improbable ballot pump-and-dumps in favor of Ol’ White Joe Biden, the most inert, empty, uncharismatic presidential candidate ever conjured by any conclave of scheming cabalists in US history. (Next to Joe Biden, Warren G. Harding was an American Augustus.) And so, the 2020 vote was rigged to the rafters, just to make sure that the outcome this time would bend towards the Democrats’ beloved arc of justice.

The legal battle over that brazen theft has incited some exciting fightin’ phrases, mostly coming from freelance attorney Sidney Powell, an informal adjunct to the president’s official lawyers, Jenna Ellis and Rudy Giuliani. Miz Powell has promised to “release the kraken” and “blow up Georgia” in a “Biblical” firestorm of fatal writs, “fixing to overturn the results of this election” - leaving us early this week in the spooky eye of post-election sturm-and-drang, with the real action yet to come.

The president and the RNC lost a bunch of state court cases the past week and, naturally, that discouraged the pro-Trump troops across “red” America - which is mostly everything between Hackensack and Fresno. But these weak pleadings might have been designed to simply speed the process through the states so as to get the main arguments before the US Supreme Court, namely, that the foreign-owned Dominion vote tabulation company was pre-programmed to overcome any Trump lead; that the Dominion software was originally created to queer elections and indeed used many times to do just that in foreign lands; and that US election officials with their poll-worker grunts in select states connived to cover the fraud with as many unverifiable write-in votes as the job required.

If the SCOTUS agrees to hear the case - a big “if” - they may be extremely reluctant to rule affirmatively because 1) they’ll be venturing into a poorly-mapped constitutional frontier, and 2) the recent confirmation of Justice Amy Coney Barrett, installing a conservative super-majority on the court, will look as much like a setup to the red staters as the Dominion vote fraud looks like a setup to the blues. But then, if the case is strong enough, SCOTUS does have the legal prerogative to de-certify state elections, sinking both candidates below the 270 electoral vote mark and rolling the giant, reeking hairball into the House of Representatives where Mr. Trump would enjoy a distinct advantage. Cue Antifa and BLM…

It’s not known exactly what further evidence Miz Powell and the president’s lawyers will bring to the SCOTUS - beyond what has already surfaced on the Internet, which is pretty eyebrow-raising. The news media has made a big show of calling for it, and caviling loudly when the lawyers say they’re holding back until the court is ready to entertain the case. It’s hard to imagine that Miz Powell and Mr. Giuliani would sacrifice their reputations on some kind of bluff. Anyway, what’s to bluff in this game? I don’t believe this trio would bring a whiffle bat to a gunfight.

One result of these final innings in the contest will be the delegitimizing of Ol’ White Joe Biden as president, should his forces finally prevail. Half of America will not only refuse to buy it, but it will incite a counter-resistance on the right as determined as Hillary’s pussyhat brigades and bureaucrat activists of the post-2016 era, and possibly more bloodthirsty, especially if the left makes a move to confiscate guns. The prospect of Joe Biden functioning as president is a joke, anyway. Have you forgotten his non-campaign campaign? The empty parking lots with the white circles? The pitiful gaffes? And lurking in this fog of war is the all that odious monkey business selling influence abroad involving crack-head son Hunter and the rest of the Biden family. Think that’s going away?

What you’d actually get with a Biden “victory” is a Deep State junta of malicious, coercive, and vengeance-crazed characters such as John Brennan, Andrew Weissmann, Nancy Pelosi, Susan Rice, and Adam Schiff, with Barack Obama hovering somewhere backstage, commanding this-and-that - even if President Ole White Joe is shoved aside on account of mental incompetence, leaving Kamala Harris in the Oval Office to giggle through the next four years while she orchestrates junior-high-school style mean girl campaigns against the enemies of Wokesterism. The DC “blob” has demonstrated that it doesn’t need no steenkin’ president to work its wicked will.

Meanwhile, have a lovely Home Alone Thanksgiving, if you are dutifully following the orders of Governors Cuomo, Pritzker, Whitmer, Murphy, and Newsom. We’ll dare to have seven at the table here, and therefore not have to eat some reincarnation of turkey for three weeks afterward. As a holiday bonus, I leave you with a little burlesque submitted by a reader wishing to remain anonymous for your amusement, as follows…"
Click image for larger size.

"The 'Great Reset' And The Risk Of Greater Interventionism"

"The 'Great Reset' And The Risk Of Greater Interventionism"
by Daniel Lacalle

"Global debt is expected to soar to a record $277 trillion by the end of the year, according to the Institute of International Finance. Developed markets’ total debt -government, corporate and households- jumped to 432% of GDP in the third quarter. Emerging market debt-to-GDP hit nearly 250% in the third quarter, with China reaching 335%, and for the year the ratio is expected to reach about 365% of global GDP. Most of this massive increase of $15 trillion in one year comes from government and corporates’ response to the pandemic. However, we must remember that the total debt figure already reached record-highs in 2019 before any pandemic and in a period of growth.

The main problem is that most of this debt is unproductive debt. Governments are using the unprecedented fiscal space to perpetuate bloated current spending, which generates no real economic return, so the likely outcome will be that debt will continue to rise after the pandemic crisis is ended and that the level of growth and productivity achieved will not be enough to reduce the financial burden on public accounts.

In this context, The World Economic Forum has presented a roadmap for what has been called “The Great Reset”. It is a plan that aims to take the current opportunity to “to shape an economic recovery and the future direction of global relations, economies, and priorities”. According to the World Economic Forum, the world must also adapt to the current reality by “directing the market to fairer results, ensure investments are aimed at mutual progress including accelerating ecologically friendly investments, and to start a fourth industrial revolution, creating digital economic and public infrastructure”. These objectives are obviously shared by all of us, and the reality shows that the private sector is already implementing these ideas, as we see technology, renewable investments and sustainability plans thriving all over the world.

We are witnessing in real time the proof that businesses adapt rapidly and provide better goods and services at affordable prices for everyone achieving a level of progress in environmental targets and welfare that would be unthinkable if governments were in charge. This crisis shows that the world has escaped the risk of scarcity and hyperinflation thanks to a private sector that has surpassed all expectations in a seemingly unsurmountable crisis.

The overall message of the World Economic Forum sounds promising. There is only three words that spoils the entire positive message: “directing the market”. The risk of governments taking these ideas to promote massive interventionism is not small. The idea of The Great Reset has been quickly embraced by the most bureaucratic and government-intervened economies as a validation of rising government implication in the economy. However, this is incorrect.

The idea that governments will promote an economic system that reduces inflation, improves competition, and empowers citizens is more than far-fetched. As such, the World Economic Forum cannot ignore the government intervention risk within this idea of a Great Reset that does not need to be enforced as it has already been in place for years.

Technology, competition and open markets will do more for sustainability, social welfare and the environment than government action, because even the best intentioned governments will try to defend at any cost three things that go against the well-intentioned messages of the World Economic Forum: Governments will continue to try to defend their national champions, a rising inflation and more control of the economy. Those three things work against the idea of a new world with better and more affordable goods and services for all, with better welfare, lower unemployment and a thriving high-productivity private sector.

We should always be worried about well-intentioned ideas when the first ones to embrace them are those who are against freedom and competition.

There is an even darker part. Many interventionists have welcomed this proposal as an opportunity to wipe out the debt. It all sounds nice until we understand what it really entails. There is an enormous risk that governments will use the excuse of cancelling part of their debt with a decision to cancel a large part of our savings. We must remember that this is not even a conspiracy theory. Most proponents of the Modern Monetary Theory start their premise by stating that government deficits are matched by households and private sector savings, so there is no problem… Well, the only minor problem (note the irony) is matching one’s debt with another one’s savings. If we understand the global monetary system, we will then understand that erasing trillions of government debt would also mean erasing trillions of citizens’ savings.

The idea of a more sustainable, cleaner, and social economic system is not new, and it does not need governments to impose it. It is happening as we speak thanks to competition and technology. Governments should not be allowed to reduce and limit citizens’ freedom, savings, and real wages even for a well-intentioned promise. The best way to ensure that governments or large corporations are not going to use this excuse to eliminate freedom and individual rights is by promoting free markets and more competition. Forward-thinking investments and welfare-enhancing ideas do not need to be nudged or imposed; consumers are already making companies all over the world implement increasingly higher sustainability and environmentally friendly policies. This market-oriented approach is more successful than letting the risk of interventionism and government-meddling take hold, because once it happens it is almost impossible to undo.

If we want a more sustainable world, we need to defend sound money policies and less government intervention. Free markets, not governments, will make this world better for all. The same massive government intervention that took us here is not going to take us out of here."

"Market Fantasy Updates 11/23/20"

"Market Fantasy Updates 11/23/20"
Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
"The more I see of the monied classes, 
the better I understand the guillotine."
- George Bernard Shaw
Gregory Mannarino, AM 11/23/20:
"Important Updates"
Updated live.
Daily Update (Nov. 23rd to 25th)
Insanity... 
And now... The End Game...

"What Better Truth..."

"Why do human beings have the peculiar impression
 that belief is the same as truth?"

"Because sometimes the truth hurts. 
Sometimes we need to believe in a better truth."

"What better truth can there be than truth?"

- Gene Brewer

"Covid-19 Pandemic Updates 11/23/20"

                                                                                                                
Nov. 23, 2020 7:55 AM ET:
The coronavirus pandemic has sickened more than 58,675,400 
people, according to official counts, including 12,313,717 Americans.
At least 1,387,300 have died.

      Nov. 23, 2020 7:55 AM ET: 
Coronavirus in the U.S.: Latest Map and Case Count
Updated 11/23/20, 6:27 AM ET
Click image for larger size.

Musical Interlude: Kevin Kern, "Another Realm"

Kevin Kern, "Another Realm"

"Welcome To The Interregnum"

"Welcome To The Interregnum"
by Chris Martenson

"We’re between things. It’s an uncomfortable place. We are transitioning from an old story into a new one and that has folks feeling anxious. By “we” I mean everyone on the planet. If you find yourself with a deep sense of unease, yet unable to quite pin it down, you will find this article extremely helpful.

The old story of endless growth on a finite planet is winding down. Whatever replaces it won’t be a continuation of the past. Things are going to have to change, whether we like it or not. Put more bluntly: the easy times are over, and a period of disruption has begun. It may be many years or even decades before thing truly settle into a new equilibrium (of sorts – there really isn’t any such thing in this ever-changing universe). The old will fall away even before the new has arrived. That process has already begun, hence the nervousness, anger, and fear.

My day job is serving as an information scout, an ambassador of the unknown, and because of that I’m acutely aware of the degree to which people are already worn down, burnt out, and unable to process any more. Folks are so exhausted by the trials and tribulations dished up by the crazy-making machine fondly referred to as “2020,” that many are paralyzed. Unable to take new actions because they are overwhelmed.

Yet, as I wrote recently, no choice IS a choice. When so much is changing and so much is on the line, remaining frozen with anxiety is as much a determinant of your future prospects as taking swift action – each sets one down different paths promising different outcomes.

Truthfully, there is much that can be done that will contribute to a more resilient future for yourself and for the world. But first we have to know where we are. We have to sketch out the map as best we can, even if the edges remain blanks with little more than “there be monsters” scribed at the borders.
To orient properly, you must be aware of the idea that the Age of Growth is over. We are now entering a Post-Growth era. Our task now is to settle into a very different existence – one with fewer ‘things’ and less ‘stuff’, but also offering more meaning and worthy challenges. Like any good adventure, a little danger is involved. But nothing quite so dangerous to your soul’s journey as wasting your life on trivial pursuits.

The Interregnum: The gap between reigns when the old king has died but the new successor has yet to be decided is called an interregnum. It can also refer to the gap between first learning of something and then finally understanding its deeper significance:

in·ter·reg·num, noun: a period when normal government is suspended, especially between successive reigns or regimes. An interval or pause between two periods of office or other things. “the interregnum between the discovery of radioactivity and its detailed understanding”

I love this word because it perfectly matches our current state. One feature of an interregnum, where power hangs in the balance, is that it’s a very uncertain time. Anxiety rules the day because nobody knows how things might land. It could be good for them personally, or very bad. The old king was good. His successor son is an already hated petty tyrant. Perhaps a different, better successor will somehow manage to claim the throne instead…

This sort of uncertainty is a potent source of anxiety. Which is why an interregnum is the cradle of people’s most deep-seated fears. The old king is gone. Nobody knows who or what is in charge right now. Is it humanity’s deep technological prowess or is it Mother Nature herself?

Does our destiny lie in our own hands or have the die already been cast and we’re simply awaiting to see how unfortunate of a roll it’s going to be? Is there still time to sort out a decent solution to our many predicaments and problems, or have those moments already been wasted? Nobody knows at this moment. But the uncertainty is hanging thick. Corrosive. Emotional. Explosive. Welcome to the interregnum. May the odds ever be in your favor.

Demoralization: Now while the above may sound depressing, as I’ve written before the better term is demoralizing, and there’s a very important distinction between the two terms.

Depression is a reaction to current circumstances. It can be treated with talk therapy to resolve an inner conflict, or temporary chemical rebalancing.

Demoralization, on the other hand, is what you experience when your cognitive map no longer aligns with the actual circumstances of life: 

"Rather than a depressive disorder, demoralization is a type of existential disorder associated with the breakdown of a person’s ‘cognitive map’. It is an overarching psycho-spiritual crisis in which victims feel generally disoriented and unable to locate meaning, purpose or sources of need fulfillment.

The world loses its credibility, and former beliefs and convictions dissolve into doubt, uncertainty and loss of direction. Frustration, anger and bitterness are usual accompaniments, as well as an underlying sense of being part of a lost cause or losing battle. The label ‘existential depression’ is not appropriate since, unlike most forms of depression, demoralization is a realistic response to the circumstances impinging on the person’s life."

"Did you catch that? Demoralization is actually a realistic response under certain conditions. Those conditions are manifesting themselves now. Which means that the waves of dispiriting statistics we’re seeing are not ‘bad’; they are telling us something important.

People are right to be deeply disturbed by the ways in which the main narrative of their culture no longer maps to reality. Worse, the Endless Growth narrative is killing life on this planet and therefore harming each of us in ways both overt and subtle. More and more people are detecting that, and that’s a good thing. Because that’s the necessary first step in crafting a new narrative and adopting a different model that hopefully serves us better.

We often say here at Peak Prosperity that if you’re feeling anxiety (or demoralization), it means that there’s a gap between what you know and what you’re doing. Since you can’t unlearn something, your best course of action is to change your behavior. To take action to better align what you know with what you do.

I totally get the frustration, anger and bitterness on display in politics all across the West right now, but these are almost universally misdirected at the wrong targets. Whether by intent or accident, this is usually the case and heavily supported by a media system that actually promotes divisiveness over unity, and isolation over connection."

Bottom line: If you are demoralized there’s nothing wrong with you. But there is definitely something wrong with the larger situation. If you know someone who is demoralized, don’t try to ‘fix’ them by helping them fit back into their old lives better. The problem isn’t with their ability to adapt. The problem is they are already adapting to what is coming. They’re ahead of the curve, not behind it. They just see the new curve before you do.

With that critical framing for the word demoralization, we can now go a bit deeper. But first, I want to introduce an important term relating to demoralization: Zozobra. It describes a potent sensation one might experience during an interregnum, especially if demoralization is in play.

Zozobra: I came across this article very recently and have now read it a few times. It’s pitch perfect. It neatly captures the context of demoralization. By naming it we can begin to understand it, know its presence, and reduce its unconscious hold on us: 

"There’s a word for your overwhelming anxiety, and it’s “zozobra”

Nov 3rd, 2020: 

Ever had the feeling that you can’t make sense of what’s happening? One moment everything seems normal, then suddenly the frame shifts to reveal a world on fire, struggling with pandemic, recession, climate change, and political upheaval. That’s “zozobra,” the peculiar form of anxiety that comes from being unable to settle into a single point of view, leaving you with questions like: Is it a lovely autumn day, or an alarming moment of converging historical catastrophes?

The word “zozobra” is an ordinary Spanish term for “anxiety” but with connotations that call to mind the wobbling of a ship about to capsize. The term emerged as a key concept among Mexican intellectuals in the early 20th century to describe the sense of having no stable ground and feeling out of place in the world. This feeling of zozobra is commonly experienced by people who visit or immigrate to a foreign country: the rhythms of life, the way people interact, everything just seems “off” – unfamiliar, disorienting and vaguely alienating.

According to the philosopher Emilio Uranga (1921-1988), the telltale sign of zozobra is wobbling and toggling between perspectives, being unable to relax into a single framework to make sense of things. As Uranga describes it in his 1952 book “Analysis of Mexican Being”: “Zozobra refers to a mode of being that incessantly oscillates between two possibilities, between two affects, without knowing which one of those to depend on… indiscriminately dismissing one extreme in favor of the other. In this to and fro the soul suffers, it feels torn and wounded.”

What makes zozobra so difficult to address is that its source is intangible. It is a soul-sickness not caused by any personal failing, nor by any of the particular events that we can point to. Instead, it comes from cracks in the frameworks of meaning that we rely on to make sense of our world - the shared understanding of what is real and who is trustworthy, what risks we face and how to meet them, what basic decency requires of us and what ideals our nation aspires to. (Source)

What ‘cracks in the framework of meaning’ could be more profound than facing the collapse of – well – everything? Our many predicaments exist at all levels from top to bottom. There’s no safe level on which to ride out the coming storm. There’s nowhere to run. There’s only right where you are.

When everything seems “off” – unfamiliar, disorienting and vaguely alienating, then you’re in some sort of foreign land. You are out of bounds, off all of your known maps. There’s no sense of place, nowhere to settle down. Zozobra. When everything is wobbling and up for grabs, you wouldn’t be entirely human if you weren’t experiencing some sort of emotional unease. AS with the adjustment reaction, an emotional arc is simply a part of the process. Both unavoidable and necessary. Those who navigate uncertainty best are those who process the quickest. As always, having a good mental map, and the right terms, is helpful to that process.

Conclusion: If you are feeling nervous, angry or fearful – congratulations! – there’s nothing at all wrong with you. In fact, your senses are operating normally, and your cognition is on the mark. You are having an adjustment reaction, your cognitive map has a better grasp on reality than your culture, and zozobra is par for the course. The most valuable part of naming and understanding these things is that they lose their ability to paralyze you with dread.

Our emotions are not “the truth”, but rather uncomfortable sensations that serve as an early warning system. They are like a quantum processor able to parse through massively complex systems and situations way before our cortex can offer any guidance. There’s also a comfort – a relief – that comes from understanding that our reactions are both perfectly normal and perfectly healthy. There’s nothing that requires treatment. Nothing that requires medication. Nothing at all to be done about any of it. Except knowing what it is, getting past whatever paralysis might exist as rapidly as possible, and then taking action.

Because you alone can’t alter the larger trends of ecological destruction, monetary printing, insane political responses, etc. and so forth, all that truly remains is for you to align your actions with what you know to be true. And there’s so much to be done. Soils need to be rebuilt. Waste streams reformed into nutrient loops. Energy efficiency to be built into the next generation of – everything. The lists are as endless as they are exciting. And you can play a role, both at the individual level as well as contributing positively at the collective one.

Yes, there’s a “great reset” coming. Whether it will be controlled and precise or a nature-driven chaotic mess remains to be seen. But right now, you need to make a choice: You can either actively shape your future or wait to be shaped by it.

I’m all about controlling what I can and leaving the rest behind. Maybe you are, too. If so, then you’re part of our tribe here at Peak Prosperity. We’re busying preparing for what is increasingly likely to consist of more macro chaos than control. You know, to avoid being demoralized with an overwhelming sense of zozobra during this interregnum.

In "Part 2: Moving Ahead With Purpose, Optimism & Grace" we provide further essential grounding for persevering through the coming change, and I share the latest steps that I’m taking in my own personal life to dive head-first into the interregnum with positive and enthusiastic intent.

I plan to meet the future on my terms. Will you?

Click here to read Part 2 of this report (free executive summary, enrollment required for full access)."

Sunday, November 22, 2020

Must Watch! “Warning! Businesses Vaporized; Tent Cities Everywhere; Stock Market All Time Highs; So Cal Troubles”

Jeremiah Babe,
“Warning! Businesses Vaporized; Tent Cities Everywhere; 
Stock Market All Time Highs; So Cal Troubles”
Full screen recommended.

"Is Another 'Crisis' Imminent: The Fed Must Double QE In 2021 But It Needs A Catalyst"

"Is Another 'Crisis' Imminent: 
The Fed Must Double QE In 2021 But It Needs A Catalyst"
by Epic Economist

"Strategists are alerting that another economic crisis is in the making just to enable the Federal Reserve to double its Quantitative Easing policies and keep the financial markets properly heated while compromising real economic growth. The central bank has fallen into a very damaging market trap and now it appears to be condemned to issue endless easy money into the markets, otherwise the whole U.S. economy would irreversibly collapse in a finger snap. 

In short, it appears that the looming lockdowns, which will prompt a tsunami of bankruptcies and lay-offs, might be the leverage needed to unleash more financial rescues, bailouts, and stimulus relief, and it is just a matter of time for the U.S. economy to fall into rock bottom once again. That's what we'll be discussing in this video. 

To support the markets during the current recession, the Federal Reserve has expanded its balance sheet by over $3 trillion, injecting $120 billion in liquidity every month, and also buying corporate bonds and junk bond ETFs. 

Although some may question why the Fed continues to "confuse" markets with the economy, considering how the system has been structured, it seems the bank has no other option. In short, since the value of financial assets in the US economy are marking a record of over 620% of GDP, a dramatic market crash would completely smash the highly financialized US economy, for that reason, it could never be allowed to happen

Another aggravator is the ever-growing budget deficit. After hitting a record of $3.1 trillion this year and knowing the U.S. will still face a tsunami of debt issuance in 2021, it is expected that another full-year deficit can largely exceed $3 trillion, especially considering the coming lockdowns are about to shut down the entire economy one more time and, of course, business will be in desperate need of further fiscal aid. In this sense, the Fed's current rate of debt monetization, which is through Quantitative Easing simply won't be enough. 

While the U.S. Treasury faces net issuances of nearly $2.4 trillion, the Fed is expected to monetize at least half of this total, or $960 billion. So, remembering that under the present extraordinary monetary policies the Fed has virtually monetized every dollar of net issuance, the central bank is essentially in a huge cliff that could send Treasury prices to a major downfall if markets lower expectations for future Fed monetizations. In other words, the Fed has to double its scheduled monthly QE in 2021 just to catch up to where it was in 2020.

Therefore, strategists are warning that this situation puts the Fed in an eternal loop of stimulus issuance, which may even help at first, but it ultimately leads to weaker economic growth and a rising wealth gap in the long-run.  

Up until this point, the Fed has already injected more than $36 Trillion into the economy. But the amount of economic growth achieved has been derisive. In a nutshell, the financial trap the Fed has fallen into requires constant interventions to sustain lower rates of economic growth, and whenever the Fed retracts the pace of intervention, economic growth sharply collapses.

That's why the agency has lowered interest rates to stimulate growth, but even after attaining the “zero bound,” the Fed has continued to fuel its expansionary monetary policy. In the absence of more debt issuance, the agency's power to “monetize” bonds to provide “monetary stimulus” to the markets is compromised. According to its "logic", keeping asset markets heated would enhance consumer confidence and generate a “trickle-down” effect on the economy.

However, from 2009 up until this point, the Fed’s balance sheet grew 438%, making the S&P 500 went up by 199.94%, while GDP only increased 21.24%, clearly showing how these enormous liquidity injections barely find a way to make any significant improvements in consumer spending. 

Now, the Treasury market is so large that it has lost its ability to operate seamlessly on its own during stressful times. And the continuity of the present policies is now the most significant risk because the agency will need another crisis to use as a scapegoat for the next gigantic QE expansion.

For that reason, economists alert that the next round of lockdowns is exactly what is going to provide the needed leverage for the Fed to come in and issue its helicopter money. So while our economy falls to rock bottom once again to fund the market's money hunger, the national debt will continue to grow. And, eventually, the bank will lose its ability to continue providing stimulus to the market, and all hell will break loose just to buy a couple more months of fake stability, and even before we have the chance to recover from this fall, we will fall again." 

Gregory Mannarino, “Markets, A Look Ahead: Pump Or Dump?”

Gregory Mannarino,
“Markets, A Look Ahead: Pump Or Dump?”

Musical Interlude: 2002, "Summer of 300 Years"

2002, "Summer of 300 Years"

"A Look to the Heavens"

“A now famous picture from the Hubble Space Telescope featured Pillars of Creation, star forming columns of cold gas and dust light-years long inside M16, the Eagle Nebula. This false-color composite image views the nearby stellar nursery using data from the Herschel Space Observatory's panoramic exploration of interstellar clouds along the plane of our Milky Way galaxy. Herschel's far infrared detectors record the emission from the region's cold dust directly.
The famous pillars are included near the center of the scene. While the central group of hot young stars is not apparent at these infrared wavelengths, the stars' radiation and winds carve the shapes within the interstellar clouds. Scattered white spots are denser knots of gas and dust, clumps of material collapsing to form new stars. The Eagle Nebula is some 6,500 light-years distant, an easy target for binoculars or small telescopes in a nebula rich part of the sky toward the split constellation Serpens Cauda (the tail of the snake).”

"Some Oddities..."

"There are some oddities in the perspective with which we see the world. The fact that we live at the bottom of a deep gravity well, on the surface of a gas covered planet going around a nuclear fireball 90 million miles away and think this to be normal is obviously some indication of how skewed our perspective tends to be."
- Douglas Adams

"Doug Casey on the Inevitable Breakup of the U.S."

"Doug Casey on the Inevitable Breakup of the U.S."
by Casey Research

"Rachel’s note: Last week, I caught up with Casey Research founder Doug Casey on his new page-turner, "Assassin." It’s the third installment of his High Ground series. It’s got a few parallels to today’s wild political events. So for our next Conversations With Casey, I asked Doug about his predictions for the future of the U.S… the impending civil war he sees coming… and what a Joe Biden/Kamala Harris presidency means. As usual, Doug holds nothing back. If you’re easily offended, you may want to read something else…

Rachel Bodden, managing editor, Casey Research: In our last conversation, we talked about changes stemming from this election, like the continued legalization of cannabis and the new legalization of those so-called harder drugs. But what are your thoughts on this general election? We’ve heard some of your thoughts about President Trump, but we haven’t heard any musings from you about Joe Biden.

Doug Casey, founder, Casey Research: There’s very little, if anything, to be said in favor of Joe Biden. He’s a reflexive leftist, statist, and crony. A lifelong government employee, he and his family have become amazingly wealthy on civil service salaries. From a pro-personal liberty point of view, he’s almost always been in the camp of the adversary, even the enemy. He’s a glad-handing nobody, devoid of talent or virtue. But in the context of the D.C. Beltway, mostly inoffensive, like a beige kitchen appliance.

Kamala Harris, his vice presidential running mate, however, is actively dangerous. I don’t believe she has any redeeming values, beyond ambition. A prosecutor her entire life, until she was elected as a U.S. senator in 2016, she impresses me as someone who tried to put people in jail primarily to add scalps to her belt in order to move up the ladder – not promote justice. She’s a thoroughgoing progressive and SJW, all-in for higher taxes, guaranteed annual income, free college, free medical for all, open immigration, special privileges for LGBTQ types, and the rest of it.

She’s a wannabe Evita Perón, without the charisma. What I don’t understand is how she got the nod for VP, since she had no support when she ran for president in 2019. She was quite unlikable – at best she was smarmy. What kind of backroom deals were cut to put people like these forward to rule the world?

When Biden steps down – assuming he’s elected after the lawsuits and recounts end – we could have Kamala for our new president. If so, I promise we’ll wish for a return of Sleepy and Corrupt Joe. The Democratic Party has been captured by people who want to completely remake the U.S., to conform with the notions put forward by Black Lives Matter, Antifa, and similar groups.

I did an article two months ago explaining the six reasons why I thought Biden was going to win and why this was going to be the most important election in U.S. history – certainly since that of 1860 – which put Abraham Lincoln in office.

The 2020 election wasn’t just a political election with economic consequences. It’s much more serious. We’re at a major cultural turning point in the U.S. In fact, we’re on the edge of a cultural war. It could devolve into an actual civil war, as unlikely as that may sound to some. But the fact is that people in the blue counties and red counties can’t even talk to each other anymore. They no longer share values, or have the same views on what’s right and wrong, good or evil. Many actually hate each other.

I hasten to add that the unpleasantness of 1861 to 1865 was not a civil war; it was a failed war of secession – a very different thing. A civil war is one where two or more groups are fighting for the control of the same territory, and the same central government. A civil war, if it happens, won’t just be about political and fiscal differences, but cultural differences. That’s much more serious.

Rachel: Do you think that there would be a higher likelihood of this civil war if Trump won, or if Biden won? Or do you think we’re just at a bubbling-over point and it’s inevitable?

Doug: You can’t solve moral and cultural differences by passing more laws. If you put antagonistic tribes in the same political entity you’re always asking for trouble. As little as 50 or 60 years ago there were some regional differences in the U.S., sure, but we generally shared the same values, traditions, beliefs, history, language, and religion. Race was a problem, but – at least before Washington started herding blacks into vertical ghettoes, putting them on welfare, and destroying their families – things were getting better. Now the U.S. has turned into a multicultural domestic empire. Empires never end well.

The best possible outcome that we can have today is for the people in the left-leaning, so-called blue counties, and the right-leaning, so-called red counties, to separate in the manner of cantons in Switzerland. Swiss cantons, you’ll recall, pay a relatively small national defense tax. But all other government functions and taxes are local. In fact, that’s pretty much the way the U.S. states once were. A return to that, however, is a longshot bet, because the Federal government has intruded into absolutely every area of American life.

Regarding the colors, red and blue, I said “so-called” because that differentiation was only made about 20 years ago. Historically, leftists have always been associated with red, not blue. But somebody in the media turned it on its head, and associated them with the color blue – the traditional conservative color. Nobody said “Wait… that’s ridiculous. Red has been the color of the left since at least the days of Karl Marx…” Like so many things in today’s Bizarro World, even traditional color associations have been reversed, further confusing the public. That’s only a tangential observation, I know, but worthwhile noting.

In any event, the red and blue people are viscerally at odds. Trump wasn’t the cause; he was only the catalyst. But it’s broken up families; they can no longer voice even polite political opinions among each other. Really deep philosophical differences divide Americans about moral issues, and the way the world should work. We’re now looking at irreconcilable differences. The best way to solve them is for people to go their separate ways, as opposed to fight for control of the central government, and then impose their views on the losers.

I expect the U.S. itself is going to change form radically over the next few generations – much more even than the last 50 years. Allow me to make another seemingly outrageous prediction: the U.S. will probably break up into different regions – to start with. But the U.S. is already no longer America. America was more than just a piece of geography; it was actually a unique and excellent idea, one that its citizens shared. But now many want to disavow everything from Columbus Day to Thanksgiving, its principles, its founders, and their ideas.

Many young people have been completely indoctrinated by four years of college, where they’ve been bankrupted financially and mentally; almost all the professors are hard-core leftists. The same is true of the high schools and grade schools, where kids absorb concepts by osmosis. Surveys show most Millennials think socialism is better than capitalism.

Rachel: Yes, that’s very interesting. Do you think right now, the U.S. is like the “Stans” that are just arbitrarily drawn lines in a country, with no culture or shared beliefs holding us together?

Doug: Increasingly. The main things holding the country together now aren’t values and traditions, but artifacts like fast food franchises, hotel chains, big box stores, the Interstate Highway System, and government-issued ID. And what you said is interesting, because the fact is that most of the countries in the world today are artificial constructs. Most countries in the world are… on the edge. It’s not just the U.S.

Every country in Africa was assembled from completely arbitrary lines drawn in 19th-century boardrooms in Europe. As were every country in the Middle East and Central Asia. Frankly, even countries like China are likely to break up into five or six different entities corresponding numerous local languages, cultures, and traditions. The Communist Party is widely – but quietly – viewed as a scam to benefit mainly its members. Of course, Inner Mongolia, Tibet, and Xinjiang are all actually different countries that have antagonistic relations with the Han Chinese and Beijing. We’ll see not only the breakup of the ill-advised European Union, but the breakup of countries in Europe itself.

The colors on the map on the wall are always running. And this is one of those times. It’s like the paleontological concept of punctuated equilibrium, where things go along for a long time without changing, and then all of a sudden they change radically. I think we’re at a point like that right now, both within the U.S. and around the world. It’s going to be a turbulent time, lasting at least through this decade, probably longer. It will resemble the 1930s and ’40s a lot more than the ’50s and ’60s.

Rachel: That’s a stressful outlook, but it could be a very interesting time to live through. And especially right now.

Doug: You know the old Chinese saying about interesting, don’t you?

Rachel: No… But I know about the Chinese symbol for crisis and opportunity being the same, as in the Crisis Investing letter.

Doug: Good point. But it’s a Chinese curse, “may you live in interesting times.” In history, “interesting” can be a euphemism for “buckle up, it’s going to be a bumpy ride.”

Rachel: In some ways, it might be better to have things boil over rather than sit here, worrying about it, just simmering forever. So, you think that there’s going to be a lot of countries breaking up around the world. What’s your best guess for the U.S.? I mean a lot of people think, “Okay, the war of secession.” That was just the North and the South. But do you think that there’s actually more like five or six different countries that the U.S. should be broken up into politically, culturally?

Doug: Yes, I do. And there have been a few papers and books written on the subject. For instance, young Chicano males in Southern California and Texas have absolutely nothing in common with elderly female Medicare recipients in Massachusetts. And as various government welfare systems go bankrupt, they’re not going to want to pay for old white women with whom they have absolutely nothing in common. Nor should they, quite frankly.

The Hispanic areas of the Southwest are going to move towards independence, viewing it as the Reconquista. Ecotopia in Northern California, Oregon, Washington – and for that matter, British Columbia – have nothing in common with the Rust Belt, or the Deep South. The farming regions in the middle of the country have nothing in common with the BosWash corridor. This type of thing is a natural evolution throughout 5,000 years of recorded history. It’s nothing new. It’s normal and natural. The political lines on the map aren’t part of the cosmic firmament.

Rachel: Yes. I mean, empires typically have a shelf life, correct? And we’ve exceeded that, don’t you think?

Doug: Like I said, the U.S. has devolved into a multicultural domestic empire, and hopefully it will come apart peacefully. The way Yugoslavia did into six countries, the Soviet Union did into 15, and Czechoslovakia into two. The outcome can be salubrious and peaceful – unless somebody, a modern Lincoln equivalent, tries to hold the country together by force.

Rachel: I guess we can only hope for as peaceable a solution as possible. Thank you for your insights today, Doug.

Doug: Thanks, Rachel."

Musical Interlude: Tom Clay, "What The World Needs Now"; 11/22/63 Etc.

Tom Clay, "What The World Needs Now"; 11/22/63 Etc.
"Tom Clay, a Detroit DJ, brought this out in the early 1970's,
 and it was seen as a celebration of the message behind that
 spread by John F. Kennedy, Martin Luther King and Bobby Kennedy."

"Where, Oh Where..."

"We are all of us born, live and die in the shadow
of a giant question mark that refers to three questions:
Where do we come from?
Why?
And where, oh where, are we going?"

- Tennessee Williams

"If You Look..."

"We have got some very big problems confronting us and let us not make any mistake about it, human history in the future is fraught with tragedy. It's only through people making a stand against that tragedy and being doggedly optimistic that we are going to win through. If you look at the plight of the human race it could well tip you into despair, so you have to be very strong."
- Robert James Brown

The Poet: Charles Bukowski, "Mind and Heart"

"Mind and Heart"

"Unaccountably we are alone, forever alone,
and it was meant to be that way,
it was never meant to be any other way  
and when the death struggle begins
the last thing I wish to see
is a ring of human faces
hovering over me  
better just my old friends,
the walls of my self,
let only them be there.

I have been alone but seldom lonely.
I have satisfied my thirst
at the well of my self,
and that wine was good,
the best I ever had,
and tonight, sitting, staring into the dark,
I now finally understand the dark and the
light and everything in between.

Peace of mind and heart arrives
when we accept what is:
having been born into this strange life,
we must accept the wasted gamble of our days,
and take some satisfaction in
the pleasure of leaving it all behind.

Cry not for me.
Grieve not for me.
Read what I've written then forget it all.
Drink from the well of your self, and begin again."

- Charles Bukowski

The Daily "Near You?"

 
Janesville, Wisconsin, USA. Thanks for stopping by!