Saturday, April 13, 2024
"There Is Always The Hope..."
Dan, I Allegedly, "It’s Getting Bad - Now Zoos Are For Sale"
"Israel's Catastrophic Defeat - The IDF Won't Survive a War w/ Hezbollah or Iran"
Friday, April 12, 2024
Canadian Prepper, "Alert! 'Get Out Now' Canada Warns"
Jeremiah Babe, Our Dog Mimi Almost Died, Big Medical Bill; WW3 Could Start This Weekend"
"A Look to the Heavens"
"The Day Has Been So Full Of Fret And Care..."
"Warning: Israel’s Dangerous Game with Iran - Ukraine Joining NATO Spurs War With Russia"
"Will Much Of The Middle East Soon Be Turned Into 'A Pile Of Smoking, Radioactive Rubble?'”
So some sort of an attack is definitely coming. If Iran hits targets that are outside the land of Israel, that may not spark an all-out war in the region. But if Iran hits targets inside the land of Israel, that will literally push us to the brink of the unthinkable.
Once Iran and Israel start lobbing missiles at one another, there will be no turning back. For a long time, I have been warning my readers that an apocalyptic war in the Middle East would be coming. Now we are almost there.
My hope is that the Iranians will back down and that their response to Israel will turn out to be very weak. If that turns out to be the case, that could buy us a little bit more time. But one way or another, I believe that this is the year when the Middle East descends into chaos. So buckle up and hold on tight, because it appears that things are about to get really crazy."
"Thought..."
"The Long Dark"
“In The Long Run… We Are All Alive”
Sometimes the end of the world comes and goes, while some of us are still here. We believe our present episode of debt, deficits, and state sponsored economic destruction, is one of these times.. We’ll have more on this in just a moment. But first, let’s peer back several hundred years. There we find context, edification, and instruction.
In 1696, William Whiston, a protégé of Isaac Newton, wrote a book. It had the grandiose title, “A New Theory of the Earth from its Original to the Consummation of All Things.” In it he proclaimed, among other things, that the global flood of Noah had been caused by a comet. Mr. Whiston took his book very seriously. The good people of London took it very seriously too. Perhaps it was Whiston’s conviction. Or his great fear of comets. But, for whatever reason, it never occurred to Londoners that he was a Category 5 quack.
Like Neil Ferguson, and his mathematical biology cohorts at Imperial College, London, Whiston’s research filled a void. Much like today’s epidemiological models, the science was bunk. Nonetheless, the results supplied prophecies of the apocalypse to meet a growing demand. It was just a matter of time before Whiston’s research would cause trouble…
Judgement Day: In 1736, William Whiston crunched some data and made some calculations. He projected these calculations out and saw the future. And what he witnessed scared him mad. He barked. He ranted. He foamed at the mouth to anyone who would listen. Pretty soon he’d stirred up his neighbors with a prophecy that the world would be destroyed on October 13th of that year when a comet would collide with the earth.
Jonathan Swift, in his work, “A True and Faithful Narrative of What Passed in London on a Rumour of the Day of Judgment,” quoted Whiston: “Friends and fellow-citizens, all speculative science is at an end: the period of all things is at hand; on Friday next this world shall be no more. Put not your confidence in me, brethren; for tomorrow morning, five minutes after five, the truth will be evident; in that instant the comet shall appear, of which I have heretofore warned you. As ye have heard, believe. Go hence, and prepare your wives, your families, and friends, for the universal change.”
Clergymen assembled to offer prayers. Churches filled to capacity. Rich and paupers alike feared their judgement. Lawyers worried about their fate. Judges were relieved they were no longer lawyers. Teetotalers got smashed. Drunks got sober. Bankers forgave their debtors. Criminals, to be executed, expressed joy.
The wealthy gave their money to beggars. Beggars gave it back to the wealthy. Several rich and powerful gave large donations to the church; no doubt, reserving first class tickets to heaven. Many ladies confessed to their husbands that one or more of their children were bastards. Husbands married their mistresses. And on and on…
The Archbishop of Canterbury, William Wake, had to officially deny this prediction to ease the public consternation. But it did little good. Crowds gathered at Islington, Hampstead, and the surrounding fields, to witness the destruction of London, which was deemed the “beginning of the end.” Then, just like Whiston said, a comet appeared. Prayers were made. Deathbed confessions were shared. And at the moment of maximum fear, something remarkable happened: the world didn’t end. The comet did not collide with earth. It was merely a near miss.
The experience of Whiston, and his pseudoscience prophecy, shows that predictions of the end of the world come and go while people still remain. Sometimes the fallout of these predictions, and the foolishness they provoke, is limited. Other times the foolishness they provoke leads to catastrophe. Here’s what we mean…
“In the long run we are all dead,” said 20th Century economist and Fabian socialist, John Maynard Keynes. This was Keynes rationale for why governments should borrow from the future to fund economic growth today. Of course, politicians love an academic theory that gives them cover to intervene in the economy. This is especially so when it justifies spending other people’s money to buy votes. Keynesian economics, and in particular, counter-cyclical stimulus, does just that.
U.S. politicians have attempted to borrow and spend the nation to prosperity for the last 80 years. Over the past decade, the Federal Reserve has aggressively printed money to fund Washington’s epic borrowing binge. Fed Chair Jay Powell confirmed that the Fed will pursue policies of dollar destruction to, somehow, print new jobs.