Tuesday, December 28, 2021

"A Great Depression For The 21st Century: Gold, Silver, Bitcoin, Housing Will Crash"

Full screen recommended.
"A Great Depression For The 21st Century: 
Gold, Silver, Bitcoin, Housing Will Crash"
by Epic Economist




"'Rich Dad Poor Dad's' Robert Kiyosaki is sharing a very gloomy prediction for the near-term outlook: The everything bubble has burst and now it's time for several asset classes to face a 'giant' crash. An economic depression is also looming on the horizon and the unprepared will be left empty-handed. In a series of new tweets published in his personal Twitter account, Robert Kiyosaki is once again warning about a devastating stock market crash. Only this time, the expert is saying that the event will be followed by an economic depression like no other.

While the S&P peaks, under the surface of the market, the bubble has started to deflate. Worries about inflation and the new variant are still rising, that's why Robert says that danger is lurking. The famous author is warning that investors should brace for a 'sweeping market crash and painful economic downturn' in the coming months. For a long time, the expert has been sounding the alarm about the 'biggest crash in the world’s history, arguing that we're witnessing a giant bubble and the U.S. economy cannot support current stock valuations, especially when considering inflation versus real growth numbers.

Although Kiyosaki remains very firm in his ultra-bearish position, he revealed that he's planning to scoop up several assets once prices go down and before the U.S. economy slides into a depression. In fact, in a recent interview, Kiyosaki claimed that we are already in a “technical depression,” meaning that we might already be in the initial stages of a major economic slowdown, so investors must stay alert. Unlike other bearish analysts, he openly admits that he has every intention to capitalize on the next sell-off, arguing that it is a buying opportunity, but also a very worrying prospect. "The good news is the best time to get rich is during a crash," the founder of Rich Global and Rich Dad Company tweeted earlier this year. "Bad news is the next crash will be a long one". "Be aware. Take care," he continued.

Kiyosaki disclosed how he is going to prepare for this inevitable downturn: Bitcoin, gold, silver, and real estate are going to be his investments of choice after prices crash. “I love Bitcoin because I do not trust Fed, Treasury, or Wall Street,” the expert tweeted last month. He also exposed that he was buying more Bitcoin and Ether as inflation concerns rise and prices fluctuate. Bitcoin is starting to be seen as an alternative to cash, as more and more people lose trust in fiat money. As opposed to cash, Bitcoin can’t be printed out of thin air. The same goes for gold, one of his other favorite assets. “I’m not buying gold because I like gold, I’m buying gold because I don’t trust the Fed,” the author highlighted.

Silver is also one of his preferred assets. For some, the grey metal may not seem as appealing as gold, but the author insists that it could be an even greater opportunity considering its price action. Just like gold, silver can be an effective form of wealth protection. But it’s much more than a safe haven asset. The metal is used in the production of solar panels and many components of electrical vehicles. Thus, the industrial demand and its hedging properties can make silver a very exciting asset class for investors to hold on to.

Last but not least, a real estate crash seems to be approaching. And when prices face a much-needed correction, investing in properties can provide protection and great returns to investors, according to Kiyosaki. This week, he warned that the Evergrande debt crisis will spill over the U.S. economy and collapse the price of U.S. stocks and real estate, resulting in bargains for smart investors to take advantage of, but a financial disaster for the reckless and unprepared.

Kiyosaki is clearly worried that investors are way too confident that the bullish run will continue and aren't repositioning their portfolios for a market meltdown that may come without warning. Considering the huge piles of money being poured into meme stocks and volatile assets, risks are extremely high. The financial guru admits that economic booms and skyrocketing asset prices are exciting, but cautioned that the subsequent slumps are horrifying to live through. "Booms are fun. Everyone is excited," he tweeted. "Busts are terrifying. Crashes are terrifying." Several asset bubbles have already burst and many more will do the same over the next few weeks. A 'terrifying' stock market crash is fast approaching, and we all should get prepared for the worst. Or, as Kiyosaki asked his followers, "If the market falls out tonight, will you be richer or poorer?"

"COVID and the Noble Lie"

"COVID and the Noble Lie"
by Brian Maher

"The concept of the “noble lie” was advanced by Plato millenia ago. The noble lie is a lie intended to serve a higher purpose. Zeus may not strike a man dead if he bludgeons his neighbor and steals his goods. But if the masses believed it, peaceful societal order was the result. Society’s elites therefore hold out the noble lie.

Today we republish an article we originally ran on May 19. It details how public health authorities hatched a noble lie to terrify citizens into accepting draconian social controls in response to the virus. In our estimation, the noble lie is alive and well in the age of COVID. Read on."
"COVID-19 and the Noble Lie"
by Brian Maher

“Unethical”... “dystopian”... “totalitarian”... These are the words of the British government’s primary scientific advisory bunch - the Scientific Pandemic Influenza Group on Behavior, by title. These scientific advisors presently droop their heads in shame. For these are the very words they employ to describe their own conduct.

They concede: Last March their wicked counsel encouraged government officials to wildly inflate the true viral threat. Only a pitiless torturing of facts - argued these men and women of science - could terrify the public into locking themselves in, locking themselves up, locking themselves down.

The London Telegraph: "In March [2020] the Government was very worried about compliance and they thought people wouldn’t want to be locked down. There were discussions about fear being needed to encourage compliance, and decisions were made about how to ramp up the fear." Fear came ladling out by the ton. Millions and millions would perish in agonies scarcely describable, they howled. The hospitals would overflow into the streets, they screeched. Only the near-cessation of all public life could cage the menace. The halfway men, the men counseling a measured response… were drummed out of court.

“Using Fear Smacks of Totalitarianism”: Group psychologist Gavin Morgan, confessing his atrocities: "Clearly, using fear as a means of control is not ethical. Using fear smacks of totalitarianism. It’s not an ethical stance for any modern government. By nature I am an optimistic person, but all this has given me a more pessimistic view of people."

A pity, it is, that this fellow is not a Daily Reckoning reader. We would have squeezed the optimism from him long ago… and pumped in an implacable pessimism. It would have spared him an awful letting-down, a massacre of his innocent delusions.

Here another (unnamed) scientific advisor enters the confession booth: "The way we have used fear is dystopian. The use of fear has definitely been ethically questionable. It’s been like a weird experiment. Ultimately, it backfired because people became too scared."

Another member was “stunned by the weaponization of behavioral psychology.” Yet another head-shrinker likens his witchcraft to mind control: “You could call psychology ‘mind control.’ That’s what we do…” Might we suggest another term for what they do? Might that term be… ‘propaganda?

Propaganda: Let us consult Mr. Webster and his famous thesaurus. He defines propaganda this way: "Information, especially of a biased or misleading nature, used to promote or publicize a particular political cause or point of view… ideas, facts, or allegations spread deliberately to further one's cause or to damage an opposing cause."

We will assume the Telegraph’s reporting in this instance is authentic. If true... has not the British government… purposefully broadcast propaganda? We are compelled to conclude it has. And since the United States government let out similar shrieks, can we conclude it too has broadcast propaganda - and for identical reasons? ‘Maybe it did,’ you argue. ‘But the government needed to exaggerate the threat, else too few people would take it seriously. More people would have died. They did what they needed to do.’

That is, you give a wink and nod towards what Plato labeled “the noble lie.” It may be a lie, you allow. But it is a lie conscripted in the service of a higher good. Perhaps your argument has juice in it. But is not a noble lie… nonetheless a lie? And should democratic governments lie to We the People, however nobly? As well heave the civics books into the hell box.

Noble Lies: The men gathered at Philadelphia in 1787 lacked authorization to draft a Constitution. Their mandate was to sand down the rougher edges of the Articles of Confederation, to rub on some polish, to give a slight renovation. They instead dynamited the thing to bits and pieces. The public was denied all knowledge of their mischiefs, denied all voice in the outcome. It represented - in essence - a coup, a treason against the United States.

Yet it glows in history as the Miracle at Philadelphia. We label the plotters “Founding Fathers.” And they mounted Olympus rather than the gallows. For good or ill, we leave that verdict to you, our reader. Yet they had no warrant to craft a constitution.

The Good Guys Don’t Always Sport White Hats: Mr. Lincoln was no more determined to banish slavery than a bought policeman is determined to banish the narcotics trade. He would look away from Southern evil so long as he could count his tariffs at the ports of Charleston, Savannah and New Orleans. What does the noble lie mistell us? That Old Abe was monomaniacal against the scourge of chattel slavery… and that “every drop of blood drawn with the lash shall be paid by another drawn with the sword.”

Here is another noble lie: The Kaiser’s soldaten bayoneted Belgian babies during the First World War. In August 1914, the British scissored the undersea German communications cables running west to American shores. All trans-Atlantic flows would therefore issue from the British Foreign Office… the same British Foreign Office that sweated mightily to enlist the United States in its cause. Hence the dreaded Hun’s skewering of poor Belgian infants and similar atrocities.

Come now to Dec. 8, 1941… Dastardly, Yes. But unprovoked? Roosevelt - Franklin Delano - raged against Japan’s dastardly and unprovoked attack the morning prior. Yet was it entirely unprovoked?

In July 1941, the United States government froze all Japanese assets in its possession. In August 1941, the United States government embargoed oil and gasoline exports to Japan. Over 80% of Japan’s supply shipped in from the United States. Officials knew well that Japan might take a desperate armed lunge in response. These men believed war was all but assured. But it was critical that Japan deliver the initial blow… to incense the American public.

United States War Secretary Henry Stimson, reflecting on the wrecks of Pearl Harbor: “My first feeling was of relief... that a crisis had come in a way which would unite all our people.”

Picking Fights With Germans: Prior to Pearl Harbor, the United States Navy had also been initiating jousts against German U-boats along the Atlantic convoy routes. Was the United States a neutral power prior to December 1941? And did razzing German U-boats constitute a breach of this neutrality? Many historians will tell you Roosevelt was attempting to lure the Germans into another Lusitania trap. But Herr Hitler spotted the worm wriggling upon Mr. Roosevelt’s hook. He ordered his men to avoid all tangles with vessels flying the neutral flag of the United States. He laced into any U-boat man who gobbled the American bait - even in strictest defense.

Not Defending Japan or Germany: Let it go immediately into the record: We do not throw in with the Japanese Empire… or the Austrian corporal’s National Socialist German Workers’ Party. In our residence, Victory in Europe Day and Victory Over Japan Day are events of high revelry. They are third only to Independence Day and Flag Day.

Once, under the heavy instigation of liquor, we even hung Herr Hitler in effigy - and set his mannequin aflame. We additionally made a voodoo doll of Tojo… and gave his ghost a frightful jabbing. We merely wish to illustrate that truth is war’s first battlefield fatality. The lie may or may not be noble. But a lie it often is. Examples multiply and multiply.

The Noble Lie of Climate Alarmism: The noble lie lives yet… as the Scientific Pandemic Influenza Group on Behavior demonstrates. In recent years, the noble lie has also covered the planet itself - climate change. Alarmists insist we perch perilously upon the devil’s shovel. If man continues coughing carbon dioxide into the atmosphere, Earth will catch a raging fever. Thus the world no longer confronts “climate change.” It confronts a “climate crisis.”

The noble lie writes the warrant for the mass merchandising of alarm. Stanford climate scientist Stephen Schneider: "On the one hand, as scientists we are ethically bound to the scientific method... On the other hand, we are not just scientists but human beings as well. To do that we need to get some broad based support, to capture the public’s imagination. That, of course, means getting loads of media coverage. So we have to offer up scary scenarios, make simplified, dramatic statements, and make little mention of any doubts we might have. Each of us has to decide what the right balance is between being effective and being honest."

There, in a walnut shell, you have the noble lie.

Crying Wolf: The noble liars have yelled wolf so often, so loudly, they have cashed in their credibility. Here is the danger: One day the wolf may truly snarl at the door. An authentic plague or environmental cataclysm may menace us. But they have already squandered their credit. They will shout wolf and shout wolf and shout wolf again… telling a noble truth... Only this time... no one will heed them."

Musical Interlude: Yanni, “World Dance”

Yanni, “World Dance”,
with Samvel Yervinyan, Victor Espinola, and Sayaka Katsui

"A Look to the Heavens"

"Find the Big Dipper and follow the handle away from the dipper's bowl until you get to the last bright star. Then, just slide your telescope a little south and west and you'll come upon this stunning pair of interacting galaxies, the 51st entry in Charles Messier's famous catalog. Perhaps the original spiral nebula, the large galaxy with well defined spiral structure is also cataloged as NGC 5194. Its spiral arms and dust lanes clearly sweep in front of its companion galaxy (top), NGC 5195. 
The pair are about 31 million light-years distant and officially lie within the angular boundaries of the small constellation Canes Venatici. Though M51 looks faint and fuzzy to the eye, deep images like this one reveal its striking colors and galactic tidal debris."

“Life Lessons From a Psychiatrist Who’s Been Listening to People’s Problems For Decades”

“Life Lessons From a Psychiatrist Who’s Been
Listening to People’s Problems For Decades”
by Thomas Oppong

“How you approach life says a lot about who you are. As I get deeper into my late 30s I have learned to focus more on experiences that bring meaning and fulfilment to my life. I try to consistently pursue life goals that will make me and my closest relations happy; a trait that many individuals search for their entire lives. Nothing gives a person inner wholeness and peace like a distinct understanding of where they are going, how they can get there, and a sense of control over their actions.

Seneca once said, “Most powerful is he who has himself in his own power.” “No people can be truly happy if they do not feel that they are choosing the course of their own life,” states the World Happiness Report 2012. The report also found that having this freedom of choice is one of the six factors that explain why some people are happier than others.

In his best-selling first book, “Too Soon Old, Too Late Smart: Thirty True Things You Need to Know Now”, Dr Gordon Livingston, a psychiatrist who’s been listening to people’s problems for decades, revealed thirty bedrock truths about life, and how best to live it. In his capacity as a psychiatrist, Dr Livingston listened to people talk about their lives and the many ways people induced unhappiness on themselves. In his book, he brings his insight and wisdom to the subjects of happiness, fear and courage.

“Life’s two most important questions are “Why?” and “Why not?” The trick is knowing which one to ask.” Acquiring some understanding of why we do things is often a prerequisite to change. This is especially true when talking about repetitive patterns of behavior that do not serve us well. This is what Socrates meant when he said, “The unexamined life is not worth living.” That more of us do not take his advice is testimony to the hard work and potential embarrassment that self-examination implies.”

Most people operate on autopilot, doing the same things today that didn’t work yesterday. They rarely stop to measure the impact of their actions on themselves and others, and how those actions affect their total well-being. They are caught in a cycle. And once you get caught in the loop, it can be difficult to break free and do something meaningful. Past behavior is the most reliable predictor of future behavior.

If your daily actions and choices are making you unhappy, make a deliberate choice to change direction. No matter how bleak or desperate a situation may appear to look, you always have a choice. “People often come to me asking for medication. They are tired of their sad mood, fatigue, and loss of interest in things that previously gave them pleasure. ”…“Their days are routine: unsatisfying jobs, few friends, lots of boredom. They feel cut off from the pleasures enjoyed by others.

Here is what I tell them: The good news is that we have effective treatments for the symptoms of depression; the bad news is that medication will not make you happy. Happiness is not simply the absence of despair. It is an affirmative state in which our lives have both meaning and pleasure.” “In general we get, not what we deserve, but what we expect,” he says.

Most people know what is good for them, they know what will make them feel better. They don’t avoid meaningful life habits because of ignorance of their value, but because they are no longer “motivated” to do them, Dr Livingston found. They are waiting until they feel better. Frequently, it’s a long wait, he says. Life is too short to wait for a great day to invest in better life experiences.

Most unhappiness is self-induced, Dr Livingston found. “The three components of happiness are something to do, someone to love, and something to look forward to. Think about it. If we have useful work, sustaining relationships, and the promise of pleasure, it is hard to be unhappy. I use the term “work” to encompass any activity, paid or unpaid, that gives us a feeling of personal significance. If we have a compelling avocation that lends meaning to our lives, that is our work, ” says Dr Livingston.

Many experiences in life that bring happiness are in your control. The more choices you are able to exercise, and control, the happier you are likely to be. “Happiness is an inside job. Don’t assign anyone else that much power over your life,” says Mandy Hale. Many people wait for something to happen or someone to help them live their best lives. They expect others to make them happy. They think they have lost the ability to improve their lives.

The thing that characterizes those who struggle emotionally is that they have lost, or believe they have lost, their ability to choose those behaviors that will make them happy, says Dr Livingston. You are responsible for your own life experiences, whether you are seeking a meaningful life or a happy life. If you expect others to make you happy, you will always be disappointed.

You can consistently choose actions that could become everyday habits. It takes time, but it’s an investment that will be worth your while. “Virtually all the happiness-producing processes in our lives take time, usually a long time: Learning new things, changing old behaviors, building new relationships, raising children. This is why patience and determination are among life’s primary virtues,”

Most people are stuck in life because of fear. Fear of everything outside their safe zones. Your mind has a way of rising to the occasion. Challenge it, and it will reward you. Your determination to overcome fear and discouragement constitutes the only effective antidote to that feeling on unhappiness you don’t want. Dr Livingston explains. “The most secure prisons are those we construct for ourselves. I frequently ask people who are risk-averse, “What is the biggest chance you have ever taken?” People begin to realize what “safe” lives they have chosen to lead.”

“Everything we are afraid to try, all our unfulfilled dreams, constitute a limitation on what we are and could become. Usually it is fear and its close cousin, anxiety, that keep us from doing those things that would make us happy. So much of our lives consists of broken promises to ourselves. The things we long to do — educate ourselves, become successful in our work, fall in love — are goals shared by all. Nor are the means to achieve these things obscure. And yet we often do not do what is necessary to become the people we want to be.”

As you increasingly install experiences of acceptance, gratitude, accomplishment, and feeling that there’s a fullness in your life rather than an emptiness or a scarcity, you will be able to deal with the issues of life better.

Closing thoughts: Dr Livingston’s words feel true and profound. The real secret to a happy life is selective attention, he says. If you choose to focus your awareness and energy on things and people that bring you pleasure and satisfaction, you have a very good chance of being happy in a world full of unhappiness, uncertainty, and fear."

don Miguel Ruiz, "Don't Take Anything Personally"

"Don't Take Anything Personally"
by don Miguel Ruiz

"Whatever happens around you, don't take it personally. Using an earlier example, if I see you on the street and I say, "Hey, you are so stupid," without knowing you, it's not about you; it's about me. If you take it personally, perhaps you believe you are stupid. Maybe you think to yourself, "How does he know?  Is he clairvoyant, or can everybody see how stupid I am?"

You take it personally because you agree with whatever was said. As soon as you agree, the poison goes through you, and you are trapped in the dream of hell. What causes you to be trapped is what we call personal importance. Personal importance, or taking things personally, is the maximum expression of selfishness because we make the assumption that everything is about "me." During the period of our education, or our domestication, we learn to take everything personally. We think we are responsible for everything. Me, me, me, always me!

Nothing other people do is because of you. It is because of themselves. All people live in their own dream, in their own mind; they are in a completely different world from the one we live in. When we take something personally, we make the assumption that they know what is in our world, and we try to impose our world on their world.

Even when a situation seems so personal, even if others insult you directly, it has nothing to do with you. What they say, what they do, and the opinions they give are according to the agreements they have in their own minds. Their point of view comes from all the programming they received during domestication.

If someone gives you an opinion and says, "Hey, you look so fat," don't take it personally, because the truth is that this person is dealing with his or her own feelings, beliefs, and opinions. That person tried to send poison to you and if you take it personally, then you take that poison and it becomes yours. Taking things personally makes you easy prey for these predators, the black magicians. They can hook you easily with one little opinion and feed you whatever poison they want, and because you take it personally, you eat it up.

You eat all their emotional garbage, and now it becomes your garbage. But if you do not take it personally, you are immune in the middle of hell. Immunity to poison in the middle of hell is the gift of this agreement.

When you take things personally, then you feel offended, and your reaction is to defend your beliefs and create conflicts. You make something big out of something so little, because you have the need to be right and make everybody else wrong. You also try hard to be right by giving them your own opinions. In the same way, whatever you feel and do is just a projection of your own personal dream, a reflection of your own agreements. What you say, what you do and the opinions you have are according to the agreements you have made- and these opinions have nothing to do with me.

It is not important to me what you think about me, and I don't take what you think personally. I don't take it personally when people say, "Miguel, you are the best," and I also don't take it personally when they say, "Miguel, you are the worst." I know that when you are happy you will tell me, "Miguel, you are such an angel!" But, when you are mad at me you will say, "Oh, Miguel, you are such a devil! You are so disgusting. How can you say those things?" Either way, it does not affect me because I know what I am. I don't have the need to be accepted. I don't have the need to have someone tell me, "Miguel, you are doing so good!" or "How dare you do that!"

No, I don't take it personally. Whatever you think, whatever you feel, I know is your problem and not my problem. It is the way you see the world. It is nothing personal, because you are dealing with yourself, not with me. Others are going to have their own opinion according to their belief system, so nothing they think about me is really about me, but it is about them.

You may even tell me, "Miguel, what you are saying is hurting me." But it is not what I am saying that is hurting you; it is that you have wounds that I touch by what I have said. You are hurting yourself. There is no way that I can take this personally. Not because I don't believe in you or don't trust you, but because I know that you see the world with different eyes, with your eyes. You create an entire picture or movie in your mind, and in that picture you are the director, you are the producer, you are the main actor or actress. Everyone else is a secondary actor or actress. It is your movie.

The way that you see that movie is according to the agreements you have made with life. Your point of view is something personal to you. It is no one's truth but yours. Then, if you get mad at me, I know you are dealing with yourself. I am the excuse for you to get mad. And you get mad because you are afraid, because you are dealing with fear. If you are not afraid, there is no way you will get mad at me. If you are not afraid, there is no way you will hate me. If you are not afraid, there is no way you will be jealous or sad.

If you live without fear, if you love, there is no place for any of these emotions. If you don't feel any of those emotions, it is logical that you will feel good. When you feel good, everything around you is good. When everything around you is good, everything makes you happy. You are loving everything that is around you, because you are loving yourself. Because you like the way you are. Because you are content with you. Because you are happy with your life. You are happy with the movie you are producing, happy with your agreements with life. You are at peace, and you are happy. You live in that state of bliss where everything is so wonderful, and everything is so beautiful. In that state of bliss you are making love all the time with everything that you perceive.”

The Poet: May Sarton, "Unison Benediction"

"Unison Benediction"

"Return to the most human,
nothing less will nourish the torn spirit,
the bewildered heart,
the angry mind:
and from the ultimate duress,
pierced with the breath of anguish,
speak of love.

Return, return to the deep sources,
nothing less will teach the stiff hands a new way to serve,
to carve into our lives the forms of tenderness
and still that ancient necessary pain preserve.

Return to the most human,
nothing less will teach the angry spirit,
the bewildered heart;
the torn mind,
to accept the whole of its duress,
and pierced with anguish…
at last, act for love."

~ May Sarton

"The Message of Pain: Valuable Information"

"The Message of Pain: Valuable Information"
by Madisyn Taylor, The DailyOM

"Both emotional and physical pain are messages that we need to stop and pay attention. When we feel pain, our first impulse is often to eradicate it with medication. This is an understandable response, but sometimes in our hurry to get rid of pain, we forget that it is the body's way of letting us know that it needs our attention. A headache can inform us that we're hungry or stressed just as a sore throat might be telling us that we need to rest our voice. If we override these messages instead of respond to them, we risk worsening our condition. In addition, we create a feeling of disconnectedness between our minds and our bodies.

Physical pain is not the only kind of pain that lets us know our attention is needed. Emotional pain provides us with valuable information about the state of our psyche, letting us know that we have been affected by something and that we would do well to focus our awareness inward. Just as we tend to a cut on our arm by cleaning and bandaging it, we treat a broken heart by surrounding ourselves with love and support. In both cases, if we listen to our pain we will know what to do to heal ourselves. It's natural to want to resist pain, but once we understand that it is here to give us valuable information, we can relax a bit more, and take a moment to listen before we reach for medication. Sometimes this is enough to noticeably reduce the pain, because its message has been heard. Perhaps we seek to medicate pain because we fear that if we don't, it will never go away. It can be empowering to realize that, at least some of the time, it is just a matter of listening and responding.

The next time you feel pain, either physical or emotional, you might want to try listening to your own intuition about how to relieve your pain. Maybe taking a few deep breaths will put an end to that headache. Perhaps writing in your journal about hurt feelings will ease your heart. Ultimately, the message of pain is all about healing."

The Universe

“Believe me, I know all about it. I know the stress. I know the frustration. I know the temptations of time and space. We worked this out ahead of time. They're part of the plan. We knew this stuff might happen. Actually, you insisted they be triggered whenever you were ready to begin thinking thoughts you've never thought before. New thinking is always the answer.”
“Good on you,”
The Universe

“Thoughts become things... choose the good ones!”

Gregory Mannarino, "Meltdown? Meltup? The Big Secret You Are Not Supposed To Know"

Gregory Mannarino, PM 12/28/21:
"Meltdown? Meltup? 
The Big Secret You Are Not Supposed To Know"

The Daily "Near You?"

Afton, Virginia, USA. Thanks for stopping by!

"Cash is in Critical Condition - We are Living in Backwards Land"

Full screen recommended.
Dan, iAllegedly, AM 12/28/21:
"Cash is in Critical Condition - 
We are Living in Backwards Land"

“'Bidenflation' Is Systematically Destroying The Middle Class"

“'Bidenflation' Is Systematically Destroying The Middle Class"
by Michael Snyder

"Americans have more money in their pockets than they ever have before. That sounds like really great news, but it isn’t, because the cost of living is rising much faster than our incomes are. In addition, much of the “new wealth” that has been created over the past couple of years has ended up in the hands of the very wealthy, and this has caused the gap between the rich and the poor to grow even wider. As for the middle class, it is being systematically hollowed out by “Bidenflation”, and that process is only going to accelerate during the early stages of 2022.

Personally, I don’t like to use the term “Bidenflation” too much, because it is not entirely accurate. Without a doubt, the Biden administration has taken actions over and over again that have made the inflation crisis even worse. But it isn’t as if Joe Biden and his minions are the only ones responsible for this mess.

The creation of the Federal Reserve in 1913 started us down the road that we are on today. Of course we could have exited this path at any time if U.S. voters had sent politicians to Washington that were committed to abolishing the Federal Reserve, but they didn’t do that.

In 1971, we reached “the beginning of the end” when President Nixon took the U.S. off the gold standard. Today, the value of the U.S. dollar is only a very small fraction of what it was back then.

The U.S. national debt hit a trillion dollars in the early 1980s, and it will hit the 30 trillion dollar mark in 2022. Our politicians have literally been committing national financial suicide, and both major parties are to blame.

In 2009, the Federal Reserve took the destruction of our currency to an entirely new level when they introduced “quantitative easing”. It was supposed to just be a “temporary measure”, but of course the Fed just kept doing it. Over the past couple of years the Federal Reserve has pumped more fresh money into our financial system than ever before, and this has greatly pleased investors. But it is also turning our currency into a joke.

Earlier today, I read an email from a reader that was quite alarmed that many new car dealers are now charging $5,000 to $10,000 above the sticker price for many of their vehicles. Of course the reason why they are able to get such prices is because we are now in a hyperinflationary environment.

Used vehicle prices have been rising very aggressively as well. In fact, Jim Bianco says that they have been going up even faster than Bitcoin… "Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco. “If you want to know what the best investment you probably had in 2021, it’s that car sitting in your driveway or in that garage,” the Bianco Research President told CNBC’s “Trading Nation” on Thursday. “It is appreciating faster than the stock market and lately faster than some cryptocurrencies.”

Isn’t that nuts? Over the past four months alone, the price of used vehicles has increased more than 20 percent… “In the last four months, they’ve gone up in price more than 20%. Not only is that more than the S&P, but over the last four months that’s more than bitcoin itself,” he said. “As of December 15, the latest set of data we’ve got, they’re just accelerating higher and higher right now. There’s no peak at least as of now.”

Home prices are going absolutely haywire as well. In fact, CNN is reporting that at the end of the third quarter U.S. home prices were up almost 20 percent compared to the same time in 2020… "Homeowners saw average home prices skyrocket nearly 20% through the third quarter compared to a year ago, according to the Federal Housing Finance Agency. It was the largest annual home price increase in the history of the agency’s House Price Index. And, in some hot markets, the price increase was double that." If your income hasn’t also gone up 20 percent over the past year, that means that you are falling behind.

Once upon a time, you could get a huge mansion for $500,000. Today, half a million dollars will get you a 700 square foot shack. And Zillow is projecting that home prices will soar even higher in 2022… "Over the next 12 months, Zillow foresees U.S. home prices rising 11% overall. While that would mark a slowdown from the 19.5% jump over the most recently measured 12-month window (between September 2020 and September 2021), the predicted price increase would still be a housing market that strongly favors sellers. For perspective, Fortune calculates the average rate of home price growth per year has been 4.6% since 1980."

The amount of money in our pockets is not what matters. Just look at Venezuela. Almost everyone in Venezuela is a “millionaire”, but almost everyone in the entire country is living in poverty because the money is virtually worthless. And we are headed down the exact same path.

The standard of living for the vast majority of Americans is eroding a little bit more with each passing day, but for the moment those at the very top of the economic food chain are doing great. In fact, they are buying more champagne than ever before… "Champagne sales are surging to record highs as 2021 comes to an end (back above what they were before the COVID pandemic hampered sales and kept people away from celebrations). Sales in 2021 are expected to top 5.5 billion euros ($6.2 billion), above a previous peak of 5 billion euros two years ago before the coronavirus pandemic, Jean-Marie Barillere, president of champagne industry group UMC, said."

I hope that they are enjoying these moments, because their laughter will turn to mourning soon enough. For years and years, people like me have been warning what would happen if we kept systematically destroying our currency. But our leaders in Washington just kept doing it anyway. Now a time of reckoning is upon us, and it is going to be so incredibly painful."

Gregory Mannarino, "Food And Energy Costs Continue To Surge Higher As The Economy Collapses Faster"

Gregory Mannarino, AM 12/28/21:
"Food And Energy Costs Continue To Surge 
Higher As The Economy Collapses Faster"

"The Free and the Brave"

"The Free and the Brave"
by Todd Hayen

"Whatever happened to that (the free and the brave)? Whatever happened to the attitude that had Patrick Henry at the Virginia convention in 1775 say “give me liberty, or give me death”?

Whatever happened to the patriotic fervour and the uncanny commitment to face suffering and death that resulted in over two million young men volunteering for service in World War I, and five times that number volunteering to serve in World War II?

Whatever happened to the ability to conquer fear and ride on the excitement for adventure and potential for immeasurable success that drove hundreds of thousands of men and women into the wild, and dangerous, frontiers of the American West?

Whatever happened to the spirit that filled the souls of those that faced stark adversity, danger to life and limb, that lead over 50,000 hapless men and women (mostly men) into the jungles of Central America to build the Panama Canal? - ultimately killing over 5,000 of them as a result of accidents, all manner of diseases including malaria and dysentery?

What happened?

Yeah, this is about us, guys (me included!) Sure, women can be brave - any biological sexual orientation can activate the warrior archetype - but more commonly it is the gendered male that falls into this archetypal constellation. Bravery - a compulsion to protect those he loves, have a critical and logical assessment of a difficult situation, and the force and power, at the very least a potential force and power, ready to inflict whatever necessary to protect partner and family, community and nation. We, us men, have seemed to have lost much of that. Have we become a bunch of puss-balls?

Dr Mark McDonald, a prominent medical doctor with a speciality in psychiatry, doesn’t mince words when he says while describing the psychological state of men and women during this crises: "We essentially have men with no balls, and then we have histrionics, women who have no emotional containment, because there are no men to contain them anymore.”

Sexist? Maybe some will think so, but McDonald is not putting all the blame on one sex, or exclusively on the masculine or feminine archetypes, the responsibility here is rather well balanced.

What does this mean? Very basically it means we have created a culture that has done a pretty good job of emasculating men - the radical feminist movement, as well as a general lack of situations where men can express their “man-ness” in a healthy way, has been a big part of the problem.

“Toxic Masculinity” is a phrase and concept that has taken the world by storm, and contributes quite a bit to the confusion that men are experiencing while trying to ascertain what a “real man” is in today’s “anti male” culture. “Oh boo hoo” some of you may be saying. “Men, through their powerful patriarchal history of abusing women and treating them as inferior partners in relationships deserve a little pull back!” There certainly is truth to that, but two wrongs don’t make a right. You can’t carve out an essential part of being a “man” without some collateral damage, all the way around.

So what does being a “real man” have to do with bravery? A lot, actually. Facing adversity and danger, primarily in order to protect the physically weaker, is a very important attribute of the masculine archetype of warrior, or even king if you want to get more detailed about it. Historically and traditionally the man has been the protector, the physical, and sometimes intellectual (intelligence that is present in logic reasoning and critical thinking) found in masculine archetypes (again, archetypes both men and women have access to).

These attributes are primarily directed toward protection and outwardly projected as strength and resolve. This often stabilizes the more emotional feminine archetypal factors that again, typically, are activated by the female, or woman, in a relationship.

As a psychotherapist, and an archetypal psychologist at that, I see these archetypal powers and influences playing out in my clients every day. Most of the problems I find in a couple’s therapy stems from an imbalance, or a dysfunction, in these energies of masculine and feminine. Again, the “man” in a couple can be activating both masculine and feminine archetypes, as well as the “woman.” The problem comes in if the archetypes activated are inappropriate, out of balance, and create a result that is unexpected, undesired, or not beneficial. Most of these influences run in the unconscious, so very seldom are they consciously manipulated.

It wasn’t until I met Dr McDonald that I connected some very important dots. McDonald recently wrote and released a book titled "United States of Fear." The subtitle of the book, “How America Fell Victim to a Mass Delusional Psychosis” is the primary focus.

McDonald holds nothing back when he addresses what he believes to be a fundamental cause of this mass psychosis. He believes that women (feminine archetypes driving the woman’s behaviour) need a strong, and masculine man, to contain her emotionality (due to the unfettered expression of her feminine archetypes.) McDonald, in an interview given on Jerm Warfare, said:

"Do you think men with masks on make women feel safe? It only shows they have no balls. I’ve spoken with female police officers who see men in camouflage, tattooed, driving around in trucks with gun racks - wearing masks. They tell me, ‘this does not make me feel safe. This makes me afraid. If they are this scared of a virus, how will they react to a real threat - what’s going to happen when the bear comes out of the woods? What’s going to happen when a rapist tries to attack me? What’s going to happen when my children are going to be kidnapped by the man in the park, what are they going to do? With their mask on are they going to say, “Please stop. Please. Please.” They’re not going to put their lives on the line. They won’t even put their mouth on the line.’”

Harsh words, my brothers. Harsh words, but I think quite on the money. Is this the only thing that is driving the collapse we are seeing in those that cannot stand up to this current tyranny, and say “enough is enough, step back!” No, of course not, but, in my opinion, it is a large part of the problem.

Our culture, at least in the West, has been set up for this to happen. We have become more and more dependent on government taking care of us, thus losing our own personal drive to develop character and strength. We depend on government and authority to think for us, and tell us what is best for us, to, in a word, parent us. We comply, we stay children, and we ultimately suffer.

The brave hold onto what makes them free and are willing to fight for it. Freedom is a God given right, not one bestowed upon us by any other authority. The healthy masculine archetypes of warrior and king have at their side the symbolic sword representing their power over adversity and danger.

There is a time for the warrior to pull the sword from its scabbard just a few inches to allow the sun to glint off of its polished surface, flashing in the eyes of a potential enemy, letting them know who they are dealing with. And then there is the time to pull the sword completely free from its confines and slash what is seriously threatening the warrior and those he loves. Now is the time to fight."
“You cannot kill me here. Bring your soldiers, your death, your disease, your collapsed economy because it doesn’t matter, I have nothing left to lose and you cannot kill me here. Bring the tears of orphans and the wails of a mother’s loss, bring your God damn air force and Jesus on a cross, bring your hate and bitterness and long working hours, bring your empty wallets and love long since gone but you cannot kill me here. Bring your sneers, your snide remarks and friendships never felt, your letters never sent, your kisses never kissed, cigarettes smoked to the bone and cancer killing fears but you cannot kill me here. For I may fall and I may fail but I will stand again each time and you will find no satisfaction. Because you cannot kill me here.”
- Iain S. Thomas

"Stop and Assess"

"Stop and Assess"
by Jim Kunstler

"Reality is penetrating the fog and fury of propaganda spewed out over cable-TV news in what may be the last desperate full-out campaign to sell “vaccines” to the credulous. Omicron is a bust, despite the shrieking about overstuffed hospitals (they’re not) in The New York Times.

Just as there is a crack-up boom in the final stage of a financial crisis, there is a climactic surge of hysteria in the Covid-19 war against Western Civ. Now, Dr. Anthony Fauci is pushing proof-of-vaxx for US air travel because, “[a] vaccine requirement for a person getting on the plane is just another level of getting people to have a mechanism that would spur them to get vaccinated…” he laid it out on ABC News’s This Week show Sunday with Jonathan Karl.

Monday morning on NPR, Dr. Fauci was beating the drum about the unvaxxed being a menace to society as maxi-spreaders of omicron. Is it possible he hasn’t heard that the vaxxed are catching it at a greater rate despite their vaxxes than the unvaxxed? Do you know why? Because their previous vaxxes have de-tuned their immune systems, that’s why. By the way, so far, one death has been attributed to omicron in the US - and even that case is a muddle. And Dr. Fauci is beseeching the twice-vaxxed to go get boostered? Is he determined to wreck absolutely every immune system in the land? Kind of looks that way, a little bit.

I confess I am torn between two views of this fiasco. The first is that the notoriously incompetent Dr. Fauci and his colleagues (read RFK, Jr.s book) simply blundered through the Covid-19 disaster making a series of reckless choices, and about halfway through the crisis made the dastardly decision to cover-up their errors by doubling and tripling down on these mistakes. For instance, the policy to suppress and ban cheap and effective treatments that would have un-horsed their stupendously profitable “vaccines” from the emergency use authorization that got the mRNA cocktails into the public’s arms without proper testing. Some months down the road we will learn that this Fauci combine caused millions of people to die unnecessarily both from treatments withheld and from the adverse effects of vaxxes themselves.

The other view - that is becoming ever-harder to disregard - is that the Covid-19 pandemic was a deliberate program by a gang of powerful international adventurers to install a regime of surveillance and extreme control over formerly free citizens - all in the service of “re-setting” the ailing global financial system, reducing the population of elder pensioners to relieve the West’s payment obligations, and stifling industrial economies as a cure for climate change. It has sounded a little preposterous to me that such manifest evil, as otherwise seen only in James Bond movies and newsreels of the Nazis, could actually be true. 

But it is looking more and more of-a-piece with actions like the years-long mischief between Dr. Fauci and the Wuhan lab; the preparatory positioning of the pharma companies for just such a pandemic, including patent filings, to enable the quick release of their dubious “vaccines;” the janky mail-in ballot election of 2020 with the installation of an obvious puppet President “Joe Biden;” the insane legislation agenda of the Democratic Party; the long-running Woke insurrection against Western culture, values, and common sense; and the arrant bad faith of the news media reporting all the above as dishonestly as possible

It may turn out to be various combinations of both views, with a uniting overlay of mass formation psychosis. In any case, I’m serenely convinced that we will learn the truth about all this, and perhaps not too far down the line. At this point, the official narratives are crazier than anything out of Alice in Wonderland, leading with the nakedly absurd idea that the vaxxed must be protected from the unvaxxed - though all are susceptible to Covid and equally capable of spreading it.

Do the doctors actually still believe this f**king nonsense? The ones on TV, maybe, but the rank-and-file must be getting rather nervous about what they have been responsible for in following the diktats of corrupt public health officials. (Keep your eye on suicides among them.)

On Sunday night, a monster of stupidity named Dr. William Schaffner, professor of infectious disease at Vanderbilt University, came on CNN and importuned Americans to get their children vaxxed. Do you suppose he is unaware of what these mRNA shots will do to children’s hearts, brains, and immune systems (nothing good, in case you haven’t been paying attention) as weighed against their near-zero risk of getting sick from Covid? Wouldn’t you like to know how much grant money this rascal’s lab is getting from the NIAID, NIH, or from the Bill and Melinda Gates Foundation?

This traditionally blank week between Christmas and New Year’s, when almost, nothing gets done, is the opportunity to stop-and-assess the situation. Do you not see what is going on? Will you allow yourself to keep getting hosed by illegitimate authorities? Do you want your personal sovereignty back? Do you want your country back? Will you go along with obvious malevolence just to avoid standing out and risking your status, your livelihood, your special privileges? Do you actually believe in what’s known as your sacred honor? And what relation it has to reality? Do you understand that periodically in history the human race goes crazy and does terrible things that it later regrets? This is one of those times."

"How It Really Is"


Related:

Monday, December 27, 2021

"They're Working Relentlessly To Transform Our Society Into A Dystopian 'Big Brother' Hellhole"

"They're Working Relentlessly To Transform 
Our Society Into A Dystopian 'Big Brother' Hellhole"
by Michael Snyder

"The past two years have fundamentally transformed just about every nation on the entire planet, and there will be no going back if the elite have their way. For more than a decade, I have been warning about the rapid growth of the “Big Brother” control grid all around us, but in 2020 and 2021 things have gone to an entirely new level. The pandemic has given them the perfect excuse to impose lockdowns, mask requirements, vaccine passports and mandatory injections all over the globe. They have used fear of the virus to get the vast majority of the world population to accept measures that they never would have accepted during normal times. As a result, now they can monitor us, track us and control us like never before.

In many areas, it has already gotten to a point where you can’t even live a normal life without a “vaccine passport” or some other proof that you are up to date on your injections. In New York City, people have been getting arrested just for ordering food without showing proof of vaccination. As a result of such authoritarian measures, the vaccination rate in the city is up to about 85 percent, but that still isn’t good enough for those in charge. So now they are going to be sending vaccination teams around to “encourage” those that have not been vaccinated to get their shots. Oh, and if you give in they will hand you $100 for being a good little servant of the system.

Sadly, it sounds like door to door vaccination teams will soon be coming to the UK as well. "Door-to-door teams armed with Covid jabs will be sent to the homes of unvaccinated Britons in plans being considered by Ministers to reach the estimated five million people yet to be inoculated. Discussions between the Department of Health, NHS England and No 10 over the past week have looked at a nationwide drive to send vaccine teams to areas with low uptake rates as a crucial way to avoid lockdown and other restrictions."

But at least the injections have not become mandatory in the United States and the UK just yet. However, an increasing number of nations are starting to move in that direction. Ecuador just mandated the injections for everyone that is at least five years old, it appears that Germany could make them mandatory early next year, and Austria is actually hiring people to hunt down “vaccine refusers”.

Yes, our world really is becoming one huge science fiction movie.

In Canada, the government was actually “secretly tracking 33 million phones” in order to gauge “the public’s responsiveness during lockdown measures”… "Canada – which has a population of 38 million – has admitted to secretly tracking 33 million phones during the Covid-19 lockown, according to the National Post, citing Blacklock’s Reporter which first noted the disclosure. The country’s Public Health Agency (PHAC) did so to assess “the public’s responsiveness during lockdown measures,” according to the report."

Canada has gone completely and totally nuts during this pandemic. But the Canadians still have a long way to go in order to top the insanity in New Zealand. Not too long ago, an anti-euthanasia group asked the Ministry of Health if a patient that is in the hospital with COVID is “eligible” for euthanasia

"In November, anti-euthanasia group #DefendNZ asked the New Zealand Ministry of Health (MOH) questions about the practice of the nation’s End of Life Choice Act (EOLC Act). One of these questions was, “Could a patient who is severely hospitalised with Covid-19 potentially be eligible for assisted suicide or euthanasia under the Act if a health practitioner viewed their prognosis as less than 6 months?”

The response that the group got back was extremely alarming… "Doctors receive a government fee of $1,000 plus expenses for each person they kill through euthanasia. The MOH confirmed that such patients with COVID could be killed by lethal injection under the new euthanasia law. This includes patients who are considered to be dying from COVID or those who have extreme suffering from its effects. The MOH stated, “A terminal illness is most often a prolonged disease where treatment is not effective.” If you live in New Zealand and you get COVID, you will want to be very careful to clarify what someone means when they ask you if you want to “go to sleep”.

Of course all of the rules, regulations and mandates that have been imposed upon us are not for the elite. They appear to be operating under their own special set of rules, and this should make all of us very sick. I really like how Emerald Robinson made this point in her most recent article…

"Meanwhile, my colleagues in the corporate media spent their time in 2021 telling you that you could fly on a packed airplane but that your church was closed. That you couldn’t walk into your favorite local restaurant but Target and Walmart were always open for you. That your schools were shut down but left-wing political rallies were safe to attend. They treated CDC “guidelines” as law. They repeated with a straight face that your civil rights were basically suspended indefinitely - unless you were a member of Congress or Bill Gates. The overwhelming majority of my so-called colleagues in journalism spent the entire year celebrating this state of affairs. The stench of their treachery to the Constitution and the Bill of Rights will never be washed away."

Our freedoms and liberties are being systematically destroyed all around us, but many Americans don’t seem to care. Instead, they just continue to allow fear of the virus to push them into doing very irrational things. For instance, a riot almost erupted in Brooklyn on Friday when officials started to hand out “free at-home COVID-19 tests”… "Cops had to step in Friday as a crowd mobbed a Brooklyn corner where the city was giving away free at-home COVID-19 tests. Tempers flared as the larger-than-expected crowd descended on Flatbush and Church avenues, one of five spots in the Big Apple where city health officials were doling out tests amid a surge in demand over the holidays and lack of supply."

People were so desperate to get those tests that the police had to be called in. It reminded me of scenes that we would see on Black Friday in the pre-pandemic days, but in this case people were ready to fight to get their hands on free COVID tests.

Have we really sunk this low?

I was really hoping that the pandemic was starting to subside, but now this new Omicron variant has caused a tremendous wave of fear. And politicians will inevitably respond to all of this fear by imposing even more authoritarian measures. I have been shocked by how easy it has been for much of the global population to accept the authoritarian measures that have been imposed so far. If they are not willing to stand up to tyranny now, what will happen when much greater tyranny comes along later?

These are such dark times, and I believe that they will get even darker in 2022. The fiery grip of tyranny is getting a little tighter with each passing day, but much of the population of our planet does not seem to think that this is a problem."

"One Event Away From A Massive Reckoning; Debt Addiction Destroying Economy; Fake Markets"

Jeremiah Babe, PM 12/27/21:
"One Event Away From A Massive Reckoning; 
Debt Addiction Destroying Economy; Fake Markets"