Friday, May 21, 2021

"Consider The Following...:

"Consider the following. We humans are social beings. We come into the world as the result of others' actions. We survive here in dependence on others. Whether we like it or not, there is hardly a moment of our lives when we do not benefit from others' activities. For this reason it is hardly surprising that most of our happiness arises in the context of our relationships with others.

Nor is it so remarkable that our greatest joy should come when we are motivated by concern for others. But that is not all. We find that not only do altruistic actions bring about happiness but they also lessen our experience of suffering. Here I am not suggesting that the individual whose actions are motivated by the wish to bring others' happiness necessarily meets with less misfortune than the one who does not. Sickness, old age, mishaps of one sort or another are the same for us all. But the sufferings which undermine our internal peace- anxiety, doubt, disappointment- these things are definitely less. In our concern for others, we worry less about ourselves. When we worry less about ourselves an experience of our own suffering is less intense.

What does this tell us? Firstly, because our every action has a universal dimension, a potential impact on others' happiness, ethics are necessary as a means to ensure that we do not harm others. Secondly, it tells us that genuine happiness consists in those spiritual qualities of love, compassion, patience, tolerance and forgiveness and so on. For it is these which provide both for our happiness and others' happiness. A good motivation is what is needed: compassion without dogmatism, without complicated philosophy; just understanding that others are human brothers and sisters and respecting their human rights and dignities. That we humans can help each other is one of our unique human capacities"
- Tenzin Gyatso, 14th Dalai Lama

The Daily "Near You?"

Oaxaca De Juarez, Oaxaca, Mexico. Thanks for stopping by!

"It's The Way..."

"It's not the load that breaks you down, it's the way you carry it."
- Lena Horne

“10 Painfully Obvious Truths Everyone Forgets Too Soon”

“10 Painfully Obvious Truths Everyone Forgets Too Soon”
The truth does not cease to exist when it is ignored.
by Marc Chernoff

“You know how you can hear something a hundred times in a hundred different ways before it finally gets through to you? The ten truths listed below fall firmly into that category – life lessons that many of us likely learned years ago, and have been reminded of ever since, but for whatever reason, haven’t fully grasped. This, my friends, is my attempt at helping all of us, myself included, “get it” and “remember it” once and for all…

1.  The average human life is relatively short. We know deep down that life is short, and that death will happen to all of us eventually, and yet we are infinitely surprised when it happens to someone we know. It’s like walking up a flight of stairs with a distracted mind, and misjudging the final step. You expected there to be one more stair than there is, and so you find yourself off balance for a moment, before your mind shifts back to the present moment and how the world really is.

LIVE your life TODAY! Don’t ignore death, but don’t be afraid of it either. Be afraid of a life you never lived because you were too afraid to take action. Death is not the greatest loss in life. The greatest loss is what dies inside you while you’re still alive. Be bold. Be courageous. Be scared to death, and then take the next step anyway.

2.  You will only ever live the life you create for yourself. Your life is yours alone. Others can try to persuade you, but they can’t decide for you. They can walk with you, but not in your shoes. So make sure the path you decide to walk aligns with your own intuition and desires, and don’t be scared to switch paths or pave a new one when it makes sense.

Remember, it’s always better to be at the bottom of the ladder you want to climb than the top of the one you don’t. Be productive and patient. And realize that patience is not about waiting, but the ability to keep a good attitude while working hard for what you believe in. This is your life, and it is made up entirely of your choices. May your actions speak louder than your words. May your life preach louder than your lips. May your success be your noise in the end. And if life only teaches you one thing, let it be that taking a passionate leap is always worth it. Even if you have no idea where you’re going to land, be brave enough to step up to the edge of the unknown, and listen to your heart. 

3. Being busy does NOT mean being productive. Busyness isn’t a virtue, nor is it something to respect. Though we all have seasons of crazy schedules, very few of us have a legitimate need to be busy ALL the time. We simply don’t know how to live within our means, prioritize properly, and say no when we should.

Being busy rarely equates to productivity these days. Just take a quick look around. Busy people outnumber productive people by a wide margin. Busy people are rushing all over the place, and running late half of the time. They’re heading to work, conferences, meetings, social engagements, etc. They barely have enough free time for family get-togethers and they rarely get enough sleep. Yet, emails are shooting out of their smart phones like machine gun bullets, and their day planners are jammed to the brim with obligations. Their busy schedule gives them an elevated sense of importance. But it’s all an illusion. They’re like hamsters running on a wheel.

Though being busy can make us feel more alive than anything else for a moment, the sensation is not sustainable long term. We will inevitably, whether tomorrow or on our deathbed, come to wish that we spent less time in the buzz of busyness and more time actually living a purposeful life.

4. Some kind of failure always occurs before success. Most mistakes are unavoidable. Learn to forgive yourself. It’s not a problem to make them. It’s only a problem if you never learn from them. If you’re too afraid of failure, you can’t possibly do what needs to be done to be successful. The solution to this problem is making friends with failure. You want to know the difference between a master and a beginner? The master has failed more times than the beginner has even tried. Behind every great piece of art is a thousand failed attempts to make it, but these attempts are simply never shown to us.

Bottom line: Just because it’s not happening now, doesn’t mean it never will. Sometimes things have to go very wrong before they can be right.

5.  Thinking and doing are two very different things. Success never comes to look for you while you wait around thinking about it. You are what you do, not what you say you’ll do. Knowledge is basically useless without action. Good things don’t come to those who wait; they come to those who work on meaningful goals. Ask yourself what’s really important and then have the courage to build your life around your answer. And remember, if you wait until you feel 100% ready to begin, you’ll likely be waiting the rest of your life.

6.  You don’t have to wait for an apology to forgive. Life gets much easier when you learn to accept all the apologies you never got. The key is to be thankful for every experience – positive or negative. It’s taking a step back and saying, “Thank you for the lesson.” It’s realizing that grudges from the past are a perfect waste of today’s happiness, and that holding one is like letting unwanted company live rent free in your head.
Forgiveness is a promise – one you want to keep. When you forgive someone you are making a promise not to hold the unchangeable past against your present self. It has nothing to do with freeing a criminal of his or her crime, and everything to do with freeing yourself of the burden of being an eternal victim.

7.  Some people are simply the wrong match for you. You will only ever be as great as the people you surround yourself with, so be brave enough to let go of those who keep bringing you down. You shouldn’t force connections with people who constantly make you feel less than amazing. If someone makes you feel uncomfortable and insecure every time you’re with them, for whatever reason, they’re probably not close friend material. If they make you feel like you can’t be yourself, or if they make you “less than” in any way, don’t pursue a connection with them. If you feel emotionally drained after hanging out with them or get a small hit of anxiety when you are reminded of them, listen to your intuition. There are so many “right people” for you, who energize you and inspire you to be your best self. It makes no sense to force it with people who are the wrong match for you.

8.  It’s not other people’s job to love you; it’s yours. It’s important to be nice to others, but it’s even more important to be nice to yourself. You really have to love yourself to get anything done in this world. So make sure you don’t start seeing yourself through the eyes of those who don’t value you. Know your worth, even if they don’t. Today, let someone love you just the way you are – as flawed as you might be, as unattractive as you sometimes feel, and as incomplete as you think you are. Yes, let someone love you despite all of this, and let that someone be YOU.  

9.  What you own is not who YOU are. Stuff really is just stuff, and it has absolutely no bearing on who you are as a person. Most of us can make do with much less than we think we need. That’s a valuable reminder, especially in a hugely consumer-driven culture that focuses more on material things than meaningful connections and experiences.

You have to create your own culture. Don’t watch TV, don’t read every fashion magazine, and don’t consume too much of the evening news. Find the strength to fill your time with meaningful experiences. The space and time you are occupying at this very moment is LIFE, and if you’re worrying about Kim Kardashian or Lebron James or some other famous face, then you are disempowered. You’re giving your life away to marketing and media trickery, which is created by big companies to ultimately motivate you to want to dress a certain way, look a certain way, and be a certain way. This is tragic, this kind of thinking. It’s all just Hollywood brainwashing. What is real is YOU and your friends and your family, your loves, your highs, your hopes, your plans, your fears, etc.

Too often we’re told that we’re not important, we’re just peripheral to what is. “Get a degree, get a job, get a car, get a house, and keep on getting.” And it’s sad, because someday you’ll wake up and realize you’ve been tricked. And all you’ll want then is to reclaim your mind by getting it out of the hands of the brainwashers who want to turn you into a drone that buys everything that isn’t needed to impress everyone that isn’t important.

10.  Everything changes, every second. Embrace change and realize it happens for a reason. It won’t always be obvious at first, but in the end it will be worth it. What you have today may become what you had by tomorrow. You never know. Things change, often spontaneously. People and circumstances come and go. Life doesn’t stop for anybody. It moves rapidly and rushes from calm to chaos in a matter of seconds, and happens like this to people every day. It’s likely happening to someone nearby right now.

Sometimes the shortest split second in time changes the direction of our lives. A seemingly innocuous decision rattles our whole world like a meteorite striking Earth. Entire lives have been swiveled and flipped upside down, for better or worse, on the strength of an unpredictable event. And these events are always happening.

However good or bad a situation is now, it will change. That’s the one thing you can count on. So when life is good, enjoy it. Don’t go looking for something better every second. Happiness never comes to those who don’t appreciate what they have while they have it.”

Greg Hunter, “Weekly News Wrap-Up 5/21/21”

“Weekly News Wrap-Up 5/21/21”
by Greg Hunter’s USAWatchdog.com 

"Looks like there is a truce between Israel and Hamas in Gaza. I say “looks like” because truces between the two usually take a while to solidify. That’s been the case in the four Hamas/Israel wars since 2008. More than 1,300 houses have been destroyed, and heavy losses have been inflicted on Hamas in Gaza.

Is your employer requiring you to get an experimental gene therapy CV19 jab that is being called a “vaccine”? You might want to know it’s illegal to require someone to get an experimental vaccine. The U.S. government is not requiring this so-called vaccine, and about half of the CDC and FDA employees have NOT gotten the jab. There is a new form you can hand to your employer from Solari.com that might get their attention. It puts the liability for adverse effects of the jab squarely on the company’s back. It also requires the responsible company official to sign this form with a witness. The vaccine makers have zero liability, but companies forcing the CV19 jab do have liability. This is a cold bucket of water in the face of any company who wants to force or coerce employees to get this experimental “vaccine.”

If you think the economy is going to get back to normal now that the CV19 crisis is subsiding, you have got another thing coming. There are shortages in everything and inflation coming bigtime. It appears the Federal Reserve is printing mad amounts of money, and the inflation genie is already out of the bottle and getting stronger by the day. Hunter will explain.”

Join Greg Hunter on Rumble as he talks about these
 stories and more in the Weekly News Wrap-Up for 5.21.21.

“Ultimate Advice For Financial Survival; Debt Is A Deathtrap; Raise Your Standards; Get A Skillset”

Jeremiah Babe, Dan “I Allegedly,”
“Ultimate Advice For Financial Survival; 
Debt Is A Deathtrap; Raise Your Standards; Get A Skillset”

How It Really Is"

 

"Thoughts On The “New Normal” And The Things That We Are Losing As A Society…"

"Thoughts On The “New Normal” And 
The Things That We Are Losing As A Society…"
by Michael Snyder

"The last two years have greatly shaken America, and our country will never be the same as a result. If you would have told someone two years ago that in 2021 millions of people would run around wearing masks all day and that the federal government would be relentlessly pushing a large scale mass injection campaign, that person probably would have thought that you were nuts. But now this is the “new normal”. Our freedoms and liberties have been permanently eroded, and now that they have gotten away with pushing the envelope so dramatically, government entities on all levels will be ready to flex their muscles again once the next major crisis comes along.

You could argue that we should just vote out the politicians that are running things on the state and federal levels, but exactly how are we supposed to do that? After what we witnessed last November, tens of millions of Americans won’t believe that our system of choosing leaders is legitimate ever again. Of course those that are currently running things could attempt to restore faith in the system by getting rid of all the voting machines and by instituting real reforms that would make the process as transparent as possible, but we all know that they will never do that.

The last couple of years have been extremely painful for our economy as well. More than 70 million Americans filed new claims for unemployment benefits last year, homeless encampments started popping up like mushrooms all over the country, and countless numbers of small businesses shut down permanently. In fact, most Americans say that they have lost a favorite local business as a result of the pandemic

Few people have escaped the financial impact of the coronavirus pandemic and that’s especially true for local ‘mom and pop’ shops. A new study finds half of Americans have witnessed their favorite local businesses close down because of COVID-1. A survey of 2,000 people reveals 68 percent personally know a local business owner impacted by the pandemic. According to respondents, the most commonly impacted businesses include cafes (62%), retail shops (58%), gaming shops (55%), and book stores (54%).

On Thursday, we learned that another 444,000 Americans filed new claims for unemployment benefits last week. In 2019, such a number would have been considered catastrophic. But in the “new normal”, that number is actually considered to be “good news”.

Our politicians have tried to make everyone feel better by sending out waves of huge government checks, but that has just created rampant inflation and widespread shortages.

We are also losing the peace on our streets. Murder rates were way up in major cities all over America in 2020, and in most of those cities they are even higher this year. And it isn’t just men that are shooting men. Today, I came across an article about an “eight-woman brawl” that resulted in a pregnant mother being gunned down… "A pregnant mother was shot and killed while she sat in her car close to an eight-woman brawl that erupted in gunfire. The deadly confrontation took place just before 6pm Tuesday in the 1200 block of Valencia Avenue in Hemet, which is located 75 miles southeast of Los Angeles. Family members identified the 27-year-old who had been shot in the head and died after being flown to a county trauma center as Tamika Haynes."

What in the world is happening to us? You would have never read about such a thing happening on the streets of America in 1950. These days, we seem to be losing control of just about everything, and that even includes the technology that we have become so dependent upon. Hackers are causing nightmares for large entities all over the U.S., and in many cases absolutely enormous ransoms are being paid out

"CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack. The Chicago-based company paid the hackers about two weeks after a trove of company data was stolen, and CNA officials were locked out of their network, according to two people familiar with the attack who asked not to be named because they weren’t authorized to discuss the matter publicly."

Criminals seem to have the upper hand on the Internet, in our streets and in the halls of power in Washington and on Wall Street. In previous times, we could rely on law enforcement to restore order, but now law enforcement authorities are being relentlessly demonized in our society. In fact, it has gotten so bad that large numbers of law enforcement officers are permanently walking away from their careers. For example, it is being reported that nearly 20 percent of all police officers in Seattle have quit over the past year.

Police departments all over the nation are having an exceedingly difficult time recruiting replacements for those that are leaving, and that is going to continue to be the case as long as we are treating police officers like human garbage.

Speaking of human garbage, just check out the bill that was just passed in the Wisconsin Senate… "Wisconsin senators approved a bill earlier this week allowing dead bodies to be dissolved in a chemical bath and disposed like sewage. The bill, Senate Bill 228, authorizes a practice called alkaline hydrolysis, or “water cremation,” which liquifies the human body using a mixture of water, heat, and chemical agents, leaving only bones behind. The liquid is then dumped into the sewage system or boiled off, and bones can be crushed and deposited in an urn."

You have got to be pretty sick to want to liquify Grandma and Grandpa before dumping their remains into the sewer. But that is who we are. On all levels, we no longer respect life, and that is because as a society we are abandoning our faith. Just check out these numbers… "The American Worldview Inventory (AWVI) 2021, an annual survey that examines the perspectives of adults aged 18 and over in the United States, found that while 57 percent of Millennials (born 1984-2002) consider themselves to be Christian, 43 percent “don’t know, care, or believe that God exists.”

Comparatively, 70 percent of Generation X (Gen X) Americans (born 1965-1983), 79 percent of Baby Boomers (born 1946-1964), and 83 percent of the Builder Generation (born 1927-1945) consider themselves to be Christian, while 31, 28, and 27 percent, respectively, “don’t know, care, or believe that God exists.”

America no longer resembles the nation that our founders sacrificed so much to establish, and if we stay on the path that we are currently on there is no future ahead for us. But even though voices such as mine have been crying out for change for years, most of the population continues to sprint in the other direction. We have already lost so much, and the “new normal” truly is horrible, but if America does not wake up things are only going to get worse."

"Economic Market Snapshot 5/21/21"

"Economic Market Snapshot 5/21/21"
"Capitalism is the astounding belief that the most wickedest of men will
do the most wickedest of things for the greatest good of everyone."
- John Maynard Keynes
"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Your guide:
Gregory Mannarino, AM 5/21/21:
"UPDATES: Market, Stocks, Crypto,
 Gold, Silver, Crude, MORE"
"The more I see of the monied classes,
the better I understand the guillotine."
- George Bernard Shaw
MarketWatch Market Summary, Live Updates

CNN Market Data:

CNN Fear And Greed Index:
A comprehensive, essential daily read.
May 21st to May 24th, Updated Daily
Financial Stress Index
"The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average. The OFR FSI incorporates five categories of indicators: credit, equity valuation, funding, safe assets and volatility. The FSI shows stress contributions by three regions: United States, other advanced economies, and emerging markets."
Daily Job Cuts
Commentary, highly recommended:
And now, the End Game...
Oh yeah...

"Lurking in the Woodwork"

"Lurking in the Woodwork"
by Jim Kunstler

"As is always the case, history the trickster is taking us to a place we didn’t expect to go. Personally, I don’t lose a lot of sleep over Klaus Schwab, the James Bond villain who runs the World Economic Forum (WEF) and is behind the widely touted Great Reset campaign. The Great Reset proposes to reorganize all human endeavor going forward from the top town, directed by an elite cohort of technocrat commissars, to produce a “green” utopia — mainly for their own benefit.

It’s an elaborate joke, really. The human project is surely going somewhere. The direction is determined not by technocrat megalomaniacs but by the process called emergence, which means a self-organizing reality of more dynamic forces than any coterie of megalomaniacs could hope to control. These dynamic forces are not necessarily hidden; many are working in plain sight and you can make pretty good guesses as to what’s up with them. But they control the gameboard, not Klaus and his legion of economist-engineer nerds.

One of the forces at work is our old friend from physics class: entropy, the god of disorder, randomness, and uncertainty. He is very active lately in American affairs especially, to the degree that we have no workable consensus for running this society, so that all our standards and institutions are crumbling. It’s gotten so bad that we don’t even get the news about the crumbling because The News is one of the institutions that has fallen apart. Instead of events relayed in packets that comport with reality, we get “narratives” uniformly concocted in bad faith, that are knowingly in non-compliance with reality — which is as opposite as can possibly be from what The News once aimed to do.

The worst thing about the Trump years was that he enabled his adversaries to get away with turning bad faith into the greatest virtue of all. That’s what you got in the connivance of the anti-Trump Deep Staters and The News bringing you three years of RussiaGate, Robert Mueller’s coverup operation for RussiaGate, and Rep. Adam Schiff lying his ass off without any penalty. And now you’re getting more of it courtesy of Attorney General Merrick Garland allowing political adventurers like Deputy AG Lisa Monaco go fishing for charges against Rudy Giuliani for the express purpose of burying him in “the process” and leaving him bankrupt. The Justice Department is a broken institution now, and there isn’t enough good will or good faith around these days to put it back together.

The Woke hysteria, on the other hand, is lately revealed to be a patent hustle, and is finally inviting pushback in the schools as parents begin to loudly object to “white privilege” struggle sessions for eight-year-olds and workshopping sexual confusion with children who are not ready for any version of sex, real or fake. The Great Reset’s connection to Wokery can be seen in the efforts of George Soros to finance the elections of district attorneys around the country, and that game is unwinding as their blatant incompetence is revealed. Kim Gardner, installed in St. Louis, now faces losing her law license for the malicious prosecution of former Governor Eric Greitens. The Missouri Supreme Court is conducting the investigation. A recall effort is underway to recall Soros-backed LA DA George Gascon, who doesn’t believe in prosecuting criminals. And the DA-equivalent, State’s Attorney, in Chicago (Cook County), Kim Fox, another Soros installation, is on the rocks not just for covering up the Jussie Smollett hoax, but for allowing the county to become a free fire zone. What was Mr. Soros thinking?

Whoever thought a year ago that the fumbling old hack Joe Biden would be sitting in the oval office, fronting for his old boss, Barack Obama? Don’t you wonder how much Mr. Obama has in some fashion been behind all the culturally-destructive shenanigans since he “retired” across town to his Kalorama stronghold? Do you wonder how much of the shadowy activity in the DOJ has simply been an effort to protect Mr. Obama? The former president has done a good job of seeming to disappear into the woodwork. I think before long we’ll understand the role he continues to play in the country’s affairs, and it’s going to be an unappetizing discovery. It might provoke a whole different kind of reset."

Thursday, May 20, 2021

Gerald Celente, "Trends in The News Live"

Gerald Celente,
"Trends in The News Live"

"Brace For Dangerous Prices: Global Supply Chains Are Shrinking And Causing Starvation On The Planet"

Full screen recommended.
"Brace For Dangerous Prices: Global Supply Chains 
Are Shrinking And Causing Starvation On The Planet"
by Epic Economist

"Every day it goes by we are learning that things are getting even worse than we originally thought. Global supply chains are in utter chaos and the situation is being aggravated by a number of different factors, so it doesn't seem this crisis will be reversed any time soon. Now, widespread crop failures are being registered across several key agricultural countries, and, as a result, global supplies of corn, wheat, and soybeans have been shrinking.

More worryingly, prices for all three commodities are soaring and hunger is fast spreading all over the globe, threatening to spark more social turbulence and unrest over the coming months. Those three supplies are the world’s most important grains. They are used for almost everything you can imagine. From food for both animals and humans to fuels like ethanol and biodiesel, from cooking oils to wheat for bread and pasta.

On top of that, recent reports have been exposing that the impacts of the crop failures that happened in China last year have just started to show on global markets. China is far from alone. Over the past 17 months, extreme weather has destroyed millions of acres of crops and distressed agricultural production all over the globe. Conditions have been particularly dire in Brazil right now due to unusually dry weather conditions. As a consequence, Brazil’s coffee and orange crop are registering a decline for the second consecutive year. Brazil’s current orange crop shrunk 31% from the previous season, the sharpest drop in three decades, and production of arabica coffee is also dwindling.

Here in the United States, just like throughout much of the rest of the world, agricultural production will be well below initial expectations as a megadrought is ravaging the western half of the country, causing key reservoirs to hit dangerously low levels. As farmers' supply of irrigation water drops, they're having to choose which crops will survive and which ones will be destroyed. And the worse the drought gets the more severe the government's water restrictions will be. According to the official forecast, we're headed to the worst crop season in nearly four decades and the next wildfire season has the potential to be one of the most destructive ever.

Meanwhile, hunger is the one spreading like wildfire as global food supplies get increasingly tighter. The 2021 Global Report on Food Crises is warning that there's a remarkably high severity and an exceedingly high number of people facing deep food insecurity in 55 countries. The study found that at least 155 million people are acutely food insecure and in need of urgent assistance - the highest level in five years of GRFC reporting. It marks an increase of roughly 20 million people compared to pre-outbreak levels.

All of those issues are already contributing to an explosion in grocery prices all over America. Yesterday, the US Department of Labor divulged an update in the Consumer Price Index, and overall consumer prices climbed 4.2 percent from a year earlier, the fastest pace since 2008, and considerably above economists’ forecasts. However, “core” consumer prices increased by 0.9 percent between April and March in the largest monthly increase since 1982.

At this point, US workers are finding it increasingly impossible to make ends meet, even those who are employed full-time. Stagnant wages and elevated food inflation are a threatening combination in a world recovering from a global economic recession. Periods of high inflation have previously sparked the rise of conflicts between the population and governments, with workers demanding higher pay to keep up with rising prices - and the same narrative has started to happen once again.

When the majority of the population starts to feel the financial impacts of higher food prices, we will undoubtedly see chaos taking over this country. Food inflation alone is plunging the entire globe back into a horrific economic crisis. That, in addition to rampant inflation for all consumer goods, widespread shortages, an upsurge in hunger, poverty, and unemployment, will escort us to an era of constant conflict and social tensions.

Don't be mistaken thinking things will eventually turn around in 2022 or 2023 because we just started experiencing the effects of so many disruptions, and one thing we can tell for sure is that global supply chains will continue to face meltdown after meltdown due to extreme weather, dwindling supplies and rocketing demand. In other words, it means that we're about to see distress erupt in every corner of the globe."

Gregory Mannarino, PM 5/20/21: "Alert: World Central Banks ARE ALL About To Issue A 100% DIGITAL CURRENCY... BE READY!"

Gregory Mannarino, PM 5/20/21:
"Alert: World Central Banks ARE ALL About To 
Issue A 100% DIGITAL CURRENCY... BE READY!"

Musical Interlude: 2002, "A Divine Encounter"

Full screen recommended.
2002, "A Divine Encounter"

"A Look to the Heavens"

“While drifting through the cosmos, a magnificent interstellar dust cloud became sculpted by stellar winds and radiation to assume a recognizable shape. Fittingly named the Horsehead Nebula, it is embedded in the vast and complex Orion Nebula (M42). A potentially rewarding but difficult object to view personally with a small telescope, the above gorgeously detailed image was recently taken in infrared light by the orbiting Hubble Space Telescope in honor of the 23rd anniversary of Hubble's launch.


The dark molecular cloud, roughly 1,500 light years distant, is cataloged as Barnard 33 and is seen above primarily because it is backlit by the nearby massive star Sigma Orionis. The Horsehead Nebula will slowly shift its apparent shape over the next few million years and will eventually be destroyed by the high energy starlight.”

"Some Very Big Problems..."

"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

"No Smooth Road..."

"Life has no smooth road for any of us; and in the bracing atmosphere
of a high aim the very roughness stimulates the climber to steadier steps,
till the legend, over steep ways to the stars, fulfills itself."
- W. C. Doane

The Daily "Near You?"

Woods Hole, Massachusetts, USA. Thanks for stopping by!

The Poet: John O’Donohue, “In These Times”

“In These Times”

“In these times when anger
Is turned into anxiety,
And someone has stolen
The horizons and mountains,
Our small emperors on parade
Never expect our indifference
To disturb their nakedness.
They keep their heads down,
And their eyes gleam with reflection
From aluminum economic ground,
The media wraps everything
In a cellophane of sound,
And the ghost surface of the virtual
Overlays the breathing earth.
The industry of distraction
Makes us forget
That we live in a universe.
We have become converts
To the religion of stress
And its deity of progress;
That we may have courage
To turn aside from it all
And come to kneel down before the poor,
To discover what we must do,
How to turn anxiety
Back into anger,
How to find our way home.”

~ John O’Donohue,
from “To Bless the Space Between Us”
“Do not lose heart. We were made for these times.”
– Clarissa Pinkola Estes

"No Room For Cowards..."

“Life has no victims. There are no victims in this life. No one has the right to point fingers at his/her past and blame it for what he/she is today. We do not have the right to point our finger at someone else and blame that person for how we treat others, today. Don’t hide in the corner, pointing fingers at your past. Don’t sit under the table, talking about someone who has hurt you. Instead, stand up and face your past! Face your fears! Face your pain! And stomach it all! You may have to do so kicking and screaming and throwing fits and crying – but by all means – face it! This life makes no room for cowards.”
- C. Joybell C.

"An Elegant Flimflam"

"An Elegant Flimflam"
By Bill Bonner

YOUGHAL, IRELAND – "The super-rich must be the loneliest, most miserable people on the planet. They are in a class by themselves… separated from the masses by nearly $32 trillion. That’s the difference between what the top 1% of Americans own and the wealth of the bottom 50%. And the 1% knows something the rest of humanity doesn’t: Even a billion dollars won’t make you happy.

Easy Come, Easy Go: But getting big money fast is still a thrill. Think of all the young people who were suddenly enriched after Satoshi Nakamoto invented bitcoin in 2009. Crypto hustlers and speculators saw their “wealth” increase from nothing to $2.5 trillion. Of course, it can be breathtaking on the other side, too. At one point this week, crypto investors were on their way to losing $1 trillion. Easy come. Easy go.

Stimmy Scam: Here at the Diary, what interests us is not how much or how little money a person has, but how it comes and goes. Yet, as we reported yesterday, in this same Plague Year, billionaires gained some $8 trillion in a 12-month period (up until April of this year).Whether a man earns $5 or $5 million hardly matters. If he earned it from an honest, win-win deal, he should be proud of it. A bricklayer… or auto salesman… or even a lawyer… can hold his head up. He earns his money.

But what about the man who just got a stimmy check that he neither earned, deserved, nor needed? Somewhere deep down, he must know the whole thing is a scam. That is the problem with most rich people, too. They’ve gained trillions in filthy lucre. And now, they pretend that they earned it. But a few know the truth – it was stimmy money!

Stimmy Wealth: Over the last 12 months, almost all the world’s economies were partly shut down… GDP growth turned negative… Sales were off (in leisure and hospitality industries, they practically disappeared)… Profits fell… And millions of people were prevented from working. Yet, as we reported yesterday, in this same Plague Year, billionaires gained some $8 trillion in a 12-month period (up until April of this year).

How was that possible? Did they add $8 trillion worth of products and services? Did they invent whole new industries? Did they find ways to increase the happiness of their fellow humans by $8 trillion? No, of course not. What really happened? It was stimmy in the morning, stimmy in the evening, and stimmy at suppertime…

Central banks increased the money supply, worldwide, by $9 trillion. And the super-rich copped 88 cents of each dollar.

Public Scam: Let’s just look at the last 20 years. When the 21st century began, the top 1% of Americans owned about $12.5 trillion in assets. The bottom 50% owned about $3.5 trillion. Today, the top 1% has assets worth nearly $39.5 trillion – more than three times as much as in 2000. And the bottom half has about $7.5 trillion – just over double what it had 20 years ago.

Meanwhile, U.S. GDP – a very rough approximation of the goods and services being traded – doubled in those two decades. It went from about $10 trillion in 2000 to $22 trillion today. So, the top 1% saw its wealth increase by more than twice as much as GDP… and by nearly seven times as much as the lower 50% of the population. That new wealth can be seen in the market averages.

The Dow, for example, ended 1999 at a bubble high of 11,497. Now, it is about three times higher… while the aforementioned output of real wealth – GDP – only doubled And we can see where this new “wealth” – both in the Dow and in the pockets of the top 1% – came from.

The Federal Reserve’s balance sheet (the monetary foundation of the dollar system) stood at only $600 billion at the end of the 1990s. Now, it is over $7.8 trillion. In an honest economy, wealth is earned before it is spent. In a dishonest economy, wealth is never earned at all. It comes from scamming the public.

Elegant Flimflam: And here, we back up to look at the basics so we can understand it all better. The real goal of government is to protect the people who control it – their property, their status, and their power. An elite always controls the government… and naturally tries to use it to gain more power and money for itself.

In this regard, the stimmy program is the most elegant flimflam ever devised. No new taxes to annoy the voters. No heavy borrowing to drive up interest rates. Instead, the feds “print” the money and transfer it to the most privileged parts of the society – Wall Street, Washington, the rich, big business, the well-educated, the education/health/military complex, the cronies, and the well-connected get trillions...all while claiming to be helping the little guy by “saving jobs,” “stimulating” the economy, and “making sure it has the liquidity it needs.”

And surprise, surprise! Most of the money ends up with… are you ready for this?… the elite themselves!

Another Problem: And now, wouldn’t you know it, they have another problem to solve – inequality. Thanks to all the stimmy, the top 1% now owns 31% of the nation’s wealth. The top 10% have 70%. Something must be done, say the elite, to level it out. And wouldn’t you know it again… they’ll address the problem as they do all the problems they create – by bringing in their big bulldozer… and pushing more money and power… over to themselves! More to come…"

Musical Interlude:Two Steps From Hell, "Downstream"

Two Steps From Hell, "Downstream"

"How It Really Is"



"Everything Is On Fire"

"Everything Is On Fire"
by Egon von Greyerz

“Everything is on fire.” 
– Heraclitus (535-475 BC)

"What Heraclitus meant was that the world is in a constant state of flux. But the big problem in the next few years is that the world will experience a fire of a magnitude never seen before in history. I have in many articles and interviews pointed out how predictable events are (and people). This is particularly true in the world economy. Empires come and go, economies boom and bust and new currencies come and without fail always go. All this happens with regularity.

A GLOBAL FIRE IS COMING: But at certain times in history, the fire will be cataclysmic. And that is where the world is now. Explosive fires have started everywhere already. Stock markets are on fire and so are property markets, as well as bond and debt markets. The problem is that fires are initially explosive but always end up implosive. So right now we are in the explosive phase of the fires with markets all going parabolically exponential or should it be exponentially parabolic!

We are now at the end of a secular bull market in the world economy which on a global level has reached extremes never seen before in history. Never before has the world seen an explosive fire of this magnitude, fuelled by uber-profligate money printing and credit expansion by central and commercial banks.

We have talked about inflation running wild and it is not just happening in stocks. Property markets are literarily exploding, especially the high end. We see this all over the world and not just in the US. In the UK for example, HSBC stated that March saw the highest number of mortgages EVER issued. In Sweden properties sell for up to 40% above asking price in a frenzied bidding war and second hand leisure boats are in such demand that they cost virtually the same as a new boat. And if you want a new boat, there is none available until 2022. It also seems that people are desperate for company after the lockdowns as prices for puppies in the UK are up to 100% higher than last year.

Yes, everything is really on fire as people are desperate to just spend, spend, spend after a year of lockdowns and restrictions.

AN ECONOMIC BUBBLE OF AIR: But explosive fires always end in everything burning down or imploding eventually. And this is just what is going to happen in the next few years. A massive forest fire is not just totally inevitable but is also an absolute necessity. Because economic bubbles consist primarily of air and lots of it.

When empires or countries run out of money all they have to replace it is air to keep the economy going. The air consists of false promises combined with lots of air in the form of fake money. Since air is free, governments can produce unlimited amounts of it. And without exception, gullible people want to believe that it is actually real money and not just empty air. The beauty for the government is that they can just produce and borrow trillions of dollars at ZERO cost. And by manipulating interest rates they can borrow this money also at virtually ZERO cost.

THE ULTIMATE OF ALL PONZI SCHEMES: So first the government manufactures the money at no cost and then they pay NOTHING for the privilege of borrowing that money. This is the ultimate of all Ponzi schemes. No wonder that bank(er)s, hedge funds and wealthy investors are raking it in.

The money obviously creates massive bubbles in stocks, bonds, houses, used cars , boats, puppies and other massively overvalued investments and consumer items. Just look at how, for example, the Dow has gone up exponentially and parabolically in the last year in an historically unprecedented straight line.

THE US IS BANKRUPT: But let’s face it, the US is totally bankrupt. With less than a handful of exceptions, US federal debt has gone up every year since 1930. So here we have the biggest economy in the world which can only hold on to this position by printing itself to a false prosperity at an ever faster pace. Just look at the table below to understand what a government can create out of thin air.
After the Gold window was closed in 1971, US federal and total debt as well as money supply has gone Exponentially Parabolic and the dollar, the world’s reserve currency has lost 98%.

• US Federal Debt up 74X
• Total US debt up “only” 49X
• M2 Money Supply up 29X>
• Debt to GDP 1971: 37% – 2021: 127%

But like all exponential curves of a big sample, this one will end in tears. Bubbles are called bubbles because they consist of air. And when bubbles become too big, they ALWAYS and without fail burst and implode. And this is what the US economy as well as the rest of the world can expect next.

Fundamentally, US and global stocks are massively overvalued. But we know that overvaluations can last longer than we expect, especially when you are talking about the end of a very long super-cycle which could be 300 years old or even 2,000 years old.

Technically markets are giving very clear signals that THE END IS NIGH. Whether that means days weeks or a few months, is totally irrelevant. We know that we are at the end of the most remarkable period in history in regards to money, investments and the economy. Also socially, morally and politically we are reaching a low point in history.

THE WORLD NEEDS A BIG FIRE: So back to the fire. We really need a proper very big forest fire that gets rid of all the excesses, be they financial or social. Only then will the world again create new green shoots, free from debt and false values, both moral and financial. But before that the implosion of most debt and asset values will create a very difficult period of transition for the world. It could last one decade or several. How long it will actually last, only future historians can tell us.

There will be major suffering around the world which will not just be financial but also social. We will see wars, civil wars, famine, disease and migration. But there will be virtually no money for social security or aid of any kind. Nor will there be any pensions and very limited Medicare.

We know that cycles are part of life. And some cycles are more extreme than others. What has made this one worse than the world has ever experienced is that governments and central banks have interfered with the natural cycle of ebb and flow. Gordon Brown, the UK Chancellor of the Exchequer (Finance Minister) famously stated in 1999 that he had abolished “Boom and Bust”. A few months later, stocks and the economy crashed.

This fatal interference in the natural cycles, especially by the US, will be very costly for the world as I have outlined above. By foolishly trying to abolish cycles, governments have exacerbated the problem to a degree that will create unnecessary suffering for the world.

The most important remedy in a crisis is family and friends. That is one of the advantages of difficult times that people support each other rather than just chase material values. And in addition to family and close friends, there are so many wonderful things in life that are virtually free like nature, music and books. We will find that these past times are much more fulfilling than our iPads or Netflix.

GOLD, SILVER AND WEALTH PRESERVATION: As regards securing your finances in periods of crisis, gold and silver have always been critical to hold. Everyone can afford some gold or silver. An ounce of silver is $30 and one gramme of gold is $60. So saving in precious metals will not only be very useful but essential at whatever level you can afford. For bigger investors, physical gold and silver will be one of the few ways to avoid a total destruction of your wealth. As I have shown many times, gold is currently as cheap as it was in 1970 at $35 and 2000 at $290 in relation to US money supply.

THE DOW TO FALL 97% AGAINST GOLD: Stock investors have already seen a major destruction of their wealth since 2000 although most people are unaware. The Dow has lost 60% against gold since the year 2000. That trend will accelerate in the next few years and I expect the Dow/Gold ratio to reach the long term trend line as shown on the chart below. This means that the Dow will lose another 97% from here against gold.
Gold and silver have not at all reflected the massive creation of money in the last 50 years. That catchup phase is likely to start very soon based on both fundamentals and technicals. The upside potential for gold and silver is multiples of the current prices and that is at today’s price levels. Hyperinflation could take the metals to unfathomable heights. But holding physical gold, as opposed to Bitcoin, should not be seen as a speculative investment but as the best protection against the coming destruction of paper assets and the imminent disorder in the financial system."

Gregory Mannarino, AM 5/20/21: "The Economic Meltdown Continues"

Gregory Mannarino, AM 5/20/21:
"The Economic Meltdown Continues"

"It Is Our Fate..."

"Well, it is our fate to live in a time of crisis. To live in a time when all forms and values are being challenged. In other and more easy times, it was not, perhaps, necessary for the individual to confront himself with a clear question: What is it that you really believe? What is it that you really cherish? What is it for which you might, actually, in a showdown, be willing to die? I say, with all the reticence which such large, pathetic words evoke, that one cannot exist today as a person, one cannot exist in full consciousness, without having to have a showdown with ones self, without having to define what it is that one lives by, without being clear in ones mind what matters and what does not matter."
- Dorothy Thompson