Monday, October 28, 2024

"Economic Market Snapshot 10/28/24"

"Economic Market Snapshot 10/28/24"
Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
"It's a Big Club, and you ain't in it. 
You and I are not in the Big Club."
- George Carlin
o
Market Data Center, Live Updates:
Comprehensive, essential truth.
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: creditequity valuationfunding, safe assets and volatility. The FSI shows stress contributions by three regions: United Statesother advanced economies, and emerging markets."
Job cuts and much more.
Commentary, highly recommended:
"The more I see of the monied classes,
the better I understand the guillotine."
- George Bernard Shaw
Oh yeah... beyond words. Any I know anyway...
And now... The End Game...
o

Sunday, October 27, 2024

"15 Retailers Going Out Of Business This Fall"

Full screen recommended.
Epic Economist, 10/27/24
"15 Retailers Going Out Of Business This Fall"

"Holiday shopping will look a whole lot different this year as U.S. retailers continue to drop like flies. The current economy is choking the life out of several iconic retail chains given that the higher cost of basic goods and services is forcing consumers to spend less. At the same time, the cost of running a business continues to climb, and disappointing sales numbers are putting many companies at risk of going bankrupt in the coming months.

Have you noticed that empty storefronts are becoming far more common than they have ever been before? So far this year, big retailers already closed more than 4,000 locations. Industry experts estimate that figure will double by the end of 2024. They believe store closures will be 40% higher than they were in 2023. That will result in approximately 8 million square feet of vacant retail space across the U.S. This means some of our favorite stores will no longer be open during the shopping season. If you want to find out which companies are closing doors forever and conducting liquidation sales right now, stay tuned until the end of the video. Without further ado, here are 15 Retailers Going Out Of Business This Fall"
Comments here:

Jeremiah Babe, "Tiny Homes In Texas Sold Out, Americans Now Living In The Third World"

Full screen recommended.
Jeremiah Babe, 1027/24
"Tiny Homes In Texas Sold Out, 
Americans Now Living In The Third World"
Comments here:

Musical Interlude: 2002, "The Dreaming Tree"

Full screen recommended.
2002, "The Dreaming Tree"

"A Look to the Heavens"

"Some spiral galaxies are seen nearly sideways. Most bright stars in spiral galaxies swirl around the center in a disk, and seen from the side, this disk can appear quite thin. Some spiral galaxies appear even thinner than NGC 3717, which is actually seen tilted just a bit. Spiral galaxies form disks because the original gas collided with itself and cooled as it fell inward. Planets may orbit in disks for similar reasons.
The featured image by the Hubble Space Telescope shows a light-colored central bulge composed of older stars beyond filaments of orbiting dark brown dust. NGC 3717 spans about 100,000 light years and lies about 60 million light years away toward the constellation of the Water Snake (Hydra)."

Viktor Frankl, "Life Changing Quotes"

Full screen recommended.
Viktor Frankl, "Life Changing Quotes"
 ("Man's Search For Meaning")
"Viktor Emil Frankl was an Austrian neurologist and psychiatrist as well as a Holocaust survivor. Frankl was the founder of the logotherapy method and is most notable for his best-selling book Man's Search for Meaning."
Freely download "Mans Search For Meaning", by Viktor Frankl, here:
Highest recommendation:

The Poet: David Whyte, “The Sea”

“The Sea”

“The pull is so strong we will not believe
the drawing tide is meant for us,
I mean the gift, the sea,
the place where all the rivers meet.

Easy to forget,
how the great receiving depth
untamed by what we need
needs only what will flow its way.
Easy to feel so far away
and the body so old
it might not even stand the touch.

But what would that be like
feeling the tide rise
out of the numbness inside
toward the place to which we go
washing over our worries of money,
the illusion of being ahead,
the grief of being behind,
our limbs young
rising from such a depth?

What would that be like
even in this century
driving toward work with the others,
moving down the roads
among the thousands swimming upstream,
as if growing toward arrival,
feeling the currents of the great desire,
carrying time toward tomorrow?

Tomorrow seen today, for itself,
the sea where all the rivers meet, unbound,
unbroken for a thousand miles, the surface
of a great silence, the movement of a moment
left completely to itself, to find ourselves adrift,
safe in our unknowing, our very own,
our great tide, our great receiving, our
wordless, fiery, unspoken,
hardly remembered, gift of true longing.”

~ David Whyte,
“Where Many Rivers Meet”

John Wilder, "Deep Thoughts And Dank Memes About Halloween And Strippers"

"Deep Thoughts And Dank Memes 
About Halloween And Strippers"
by John Wilder

"When I was a kid, it seemed that Halloween was really about the kids. I would dress up (usually) as a vampire, until I got older. As I got older, it seemed that Halloween tipped from being a holiday for children to an excuse for younger adults to have drunken parties in costumes like “slutty elf costume” and “slutty Handmaid’s Tale costume” and “slutty presidential candidate”.

One thing that hasn’t changed, however, is that Halloween is about the darker side. Ghosts and witches and monsters have been a part of the celebration since Pharaoh Bubbahotep got his chariot license. You’ve probably not heard of that Pharaoh before – after they mummified him they kept him under wraps.

The time of Halloween is certainly in line with being a harvest festival – I mean, it’s after harvest in the northern hemisphere, and there’s plenty of evidence that some version of Halloween was observed in ancient times. Whether or not the Christian holiday of All-Saints Day (November 1) was a takeoff from this is up for grabs, but the trappings and idea of this being a time focused on dead humans is undeniably thousands of years old.

But, again, a harvest festival. In the northern hemisphere, plants are dying at this time of year, leaves are falling, and it begins to get cold and dark. This is the foreshadowing of winter, a time where the planning and planting and preparing pay off in order to tide families back to spring when the world comes alive again. What better way to celebrate the idea of dead people and the impending bitter winter than by having a party, getting drunk, and dressing like a “slutty Seal Team Six” member?

Trick or treating itself has been practiced for (at least) five hundred years, including costumes and begging for food. Ultimately, though, the idea comes back around to the idea of what happens to the soul after death – the year becomes, essentially, a proxy for the life of a human, with Halloween marking the time when death is contemplated. And it’s scary to think about death.

Many people like to be scared – that’s one reason why horror movies are so popular. In my dating days, I noted also that the scarier the movie I took my date to, the more amorous they became afterwards. Keep in mind my sample size was mainly limited to girls who would eventually become strippers, but nevertheless, it’s still data. Like grandma always said, “Write what you know, Johnny, even if it involves bad decisions, teenage lust, and women with daddy issues and narcissistic personality disorder.”

So, just like Pavlov’s dog, I began to associate scary movies with good times. But I liked them before that, even as a young kid I’d stay up late to watch B-movies in black and white on Saturday night and feel the hair on the back of my neck stand up when the sound of the house settling at night would happen in the dark behind me.

Part of horror for me, though, was the idea of the supernatural. I recall reading Stephen King before he morphed into a parody of someone’s GloboLeft lesbian wine aunt with Trump Derangement Syndrome and the first book of his to profoundly disappoint me was Cujo. Why?
It was about a dog with rabies. That’s it. No evil spirits. No Walkin’ Dude. No vampires. Just a stupid dog with a stupid disease. So what?

Bad things happen, I get it, but horror to me wasn’t Michael Myers attacking teenagers in the night while wearing a William Shatner mask inside-out. No. It was him getting up after taking damage that would kill a dozen men and relentlessly pressing forward. He wasn’t a man – he was a force beyond anything natural, much like my deodorant.

The other part of the horror trope at the time was that the Final Girl, the one who faced down the supernatural bad guy, was virtuous. Who got killed? The kids drinking and making out. Who lived? The clumsy virgin. In essence, these horror movies were morality plays showing that the wicked were punished and that the virtuous were rewarded, a lesson that thankfully went over the heads of the eager and enthusiastic frolicsome fräuleins.

Those morality plays made sense, and the plot, like a tune, had a melody that was familiar and pleasing. Again, for me the element of the supernatural was crucial. One of the things that I realized over time is that the element of Evil implied that there was Good, too. The dark, Lovecraftian world where ancient brooding evil ones who didn’t even pay any regard to mankind in an unfeeling universe hadn’t crossed my mind yet, but that was before I had even met my ex-wife. But a movie like "The Exorcist," was based on the existence of Evil.

And that Evil wasn’t aloof and uncaring. No. That Evil was intensely interested in humanity. Intensely. In fact, humanity was the focus of that Evil in a war that we could only see the edges of, one that was being played out in realms we had only the barest perception of. "The Exorcist" implied all of that, but also more than implied the existence of the other side: Good. With a capital G.

I know that moral relativists hate the idea of this duality of Good and Evil, preferring to live in a world not of black and white, but one filled with shades of gray. Or grey. Or...now why am I thinking about gravy?

Regardless, lots of people were scared by the embodiment of Evil shown in "The Exorcist."  I was comforted. My love of horror isn’t about a fascination with death and Bad things – quite the opposite, it’s about a fascination for life and Good things. And most of those girls I dated aren’t strippers anymore, which is a good thing given their age, that they’re now saying: “Sorry, we’re clothed until further notice.”

"You Can Be Sure..."

 

"‘Now I Am Become Death, the Destroyer of Worlds.’ The Story of Oppenheimer’s Infamous Quote"

"‘Now I Am Become Death, the Destroyer of Worlds.’ 
The Story of Oppenheimer’s Infamous Quote"
by James Temperton

"As he witnessed the first detonation of a nuclear weapon on July 16, 1945, a piece of Hindu scripture ran through the mind of J. Robert Oppenheimer: “Now I am become Death, the destroyer of worlds.” It is, perhaps, the most well-known line from the Bhagavad Gita, but also the most misunderstood.

Oppenheimer, the subject of a film from director Christopher Nolan, died at the age of 62 in Princeton, New Jersey, on February 18, 1967. As wartime head of the Los Alamos Laboratory, the birthplace of the Manhattan Project, he is rightly seen as the “father” of the atomic bomb. “We knew the world would not be the same,” he later recalled. “A few people laughed, a few people cried, most people were silent.”

Oppenheimer, watching the fireball of the Trinity nuclear test, turned to Hinduism. While he never became a Hindu in the devotional sense, Oppenheimer found it a useful philosophy to structure his life around. “He was obviously very attracted to this philosophy,” says Stephen Thompson, who has spent more than 30 years studying and teaching Sanskrit. Oppenheimer’s interest in Hinduism was about more than a sound bite, Thompson argues. It was a way of making sense of his actions.

The Bhagavad Gita is 700-verse Hindu scripture, written in Sanskrit, that centers on a dialog between a great warrior prince named Arjuna and his charioteer Lord Krishna, an incarnation of Vishnu. Facing an opposing army containing his friends and relatives, Arjuna is torn. But Krishna teaches him about a higher philosophy that will enable him to carry out his duties as a warrior irrespective of his personal concerns. This is known as the dharma, or holy duty. It is one of the four key lessons of the Bhagavad Gita, on desire or lust; wealth; the desire for righteousness, or dharma; and the final state of total liberation, moksha.

Seeking his counsel, Arjuna asks Krishna to reveal his universal form. Krishna obliges, and in verse 12 of the Gita he manifests as a sublime, terrifying being of many mouths and eyes. It is this moment that entered Oppenheimer’s mind in July 1945. “If the radiance of a thousand suns were to burst at once into the sky, that would be like the splendor of the mighty one,” was Oppenheimer’s translation of that moment in the desert of New Mexico.

In Hinduism, which has a non-linear concept of time, the great god is involved in not only the creation, but also the dissolution. In verse 32, Krishna says the famous line. In it “death” literally translates as “world-destroying time,” says Thompson, adding that Oppenheimer’s Sanskrit teacher chose to translate “world-destroying time” as “death,” a common interpretation. Its meaning is simple: Irrespective of what Arjuna does, everything is in the hands of the divine.

“Arjuna is a soldier, he has a duty to fight. Krishna, not Arjuna, will determine who lives and who dies and Arjuna should neither mourn nor rejoice over what fate has in store, but should be sublimely unattached to such results,” says Thompson. “And ultimately the most important thing is he should be devoted to Krishna. His faith will save Arjuna’s soul." But Oppenheimer, seemingly, was never able to achieve this peace. “In some sort of crude sense which no vulgarity, no humor, no overstatements can quite extinguish,” he said, two years after the Trinity explosion, “the physicists have known sin; and this is a knowledge which they cannot lose.”

“He doesn’t seem to believe that the soul is eternal, whereas Arjuna does,” says Thompson. “The fourth argument in the Gita is really that death is an illusion, that we’re not born and we don’t die. That’s the philosophy, really. That there’s only one consciousness and that the whole of creation is a wonderful play.” Oppenheimer, perhaps, never believed that the people killed in Hiroshima and Nagasaki would not suffer. While he carried out his work dutifully, he could never accept that this could liberate him from the cycle of life and death. In stark contrast, Arjuna realizes his error and decides to join the battle.

“Krishna is saying you have to simply do your duty as a warrior,” says Thompson. “If you were a priest you wouldn’t have to do this, but you are a warrior and you have to perform it. In the larger scheme of things, presumably, the bomb represented the path of the battle against the forces of evil, which were epitomized by the forces of fascism.”

For Arjuna, it may have been comparatively easy to be indifferent to war because he believed the souls of his opponents would live on regardless. But Oppenheimer felt the consequences of the atomic bomb acutely. “He hadn’t got that confidence that the destruction, ultimately, was an illusion,” says Thompson. Oppenheimer’s apparent inability to accept the idea of an immortal soul would always weigh heavy on his mind."

Freely download The Bhagavad Gita here:

"Archaeologists Discovered A Lost Civilization In The Desert That Vaporized And Turned To Glass"

Full screen recommended.
LifesBiggestQuestions, 10/26/24
"Archaeologists Discovered A Lost Civilization 
In The Desert That Vaporized And Turned To Glass"

The ancient city of Mohenjo-daro in Pakistan hides a chilling secret. Could its destruction be the result of a sudden catastrophe rather than a gradual decline? Evidence like vitrified structures and scattered skeletal remains suggests a powerful force swept through this Indus Valley metropolis. Was Mohenjo-daro vaporized by an ancient weapon, leaving behind melted ruins and enigmatic "glass beads"? Explore the unsettling possibilities and uncover the archaeological clues that may reveal the truth behind this ancient city's destruction.
Comments here:

The Daily "Near You?"

Perryville, Arkansas, USA. Thanks for stopping by!

"Complexity Theory: The Avalanche and the Snowflake"

"Complexity Theory: 
The Avalanche and the Snowflake"
by James Rickards

"One of my favorites is what I call ‘the avalanche and the snowflake’. It’s a metaphor for the way the science actually works, but I should be clear: it’s not just a metaphor. The science, the mathematics and the dynamics are actually the same as those that exist in financial markets.

Imagine you’re on a mountainside. You can see a snowpack building up on the ridgeline while it continues snowing. You can tell just by looking at the scene that there’s danger of an avalanche. It’s windswept… it’s unstable… and if you’re an expert, you know it’s going to collapse and kill skiers and wipe out the village below. You see a snowflake fall from the sky onto the snowpack. It disturbs a few other snowflakes that lie there. Then, the snow starts to spread… then it starts to slide… then it gains momentum until, finally, it comes loose and the whole mountain comes down and buries the village.

Question: What do you blame? Do you blame the snowflake, or do you blame the unstable pack of snow? I say the snowflake’s irrelevant. If it wasn’t the one snowflake that caused the avalanche, it could have been the one before, or the one after, or the one tomorrow. The instability of the system as a whole was the problem. So when I think about the risks in the financial system, I don’t focus on the ‘snowflake’ that will cause problems. The trigger doesn’t matter.

A snowflake that falls harmlessly – the vast majority of all snowflakes - technically fails to start a chain reaction. Once a chain reaction begins, it expands exponentially, can ‘go critical’ (as in an atomic bomb) and release enough energy to destroy a city. However, most neutrons do not start nuclear chain reactions, just as most snowflakes do not start avalanches.

In the end, it’s not about the snowflakes or neutrons. It’s about the initial critical state conditions that allow the possibiity of a chain reaction or an avalanche. These can be hypothesized and observed at large scale, but the exact moment the chain reaction begins cannot be observed. That’s because it happens on a minute scale relative to the system. This is why some people refer to these snowflakes as ‘black swans’, because they are unexpected and come by surprise. But they’re actually not a surprise if you understand the system’s dynamics and can estimate the system scale.

It’s a metaphor, but really the mathematics behind it are the same. Financial markets today are huge, unstable mountains of snow waiting to collapse. You see it in the gross notional value of derivatives. There is $700 trillion worth of swaps. ($2.5 Quadrillion by other reputable estimates. - CP) These are derivatives off balance sheet, hidden liabilities in the banking system of the world. These numbers are not made up. Just go to the IS annual report and it’s right there in the footnote.

Well, how do you put $700 trillion into perspective? It’s ten times global GDP. Take all the goods and services in the entire world for an entire year. That’s about $88 trillion when you add it all up. Well, take ten times that, and that’s how big the snow pile is. And that’s the avalanche that’s waiting to come down."
o
"$2.5 Quadrillion Disaster Waiting to Happen – 
Egon von Greyerz"
By Greg Hunter’s USAWatchdog.com

"There is sufficiency in the world 
for Man's need but not for his greed." 
Mahatma Gandhi

"Egon von Greyerz (EvG) stores gold for clients at the biggest private gold vault in the world buried deep in the Swiss Alps. EvG is a financial and precious metals expert. EvG is a former Swiss banker and an expert in risk. He says the risk in the global markets has never been this high.

EvG explains, “Credit has increased dramatically through derivatives. All instruments being issued now by banks, pension funds, stock funds, it’s all synthetic. There is no real underlying payments in anything almost. Therefore, my estimate for derivatives would be at least $2 quadrillion, and I think that is probably conservative. Then, we have debt on top of that of $300 trillion, and we also have a couple hundred trillion dollars of unfunded liabilities. So, we are talking about $2.5 QUADRILLION, and that’s with a global GDP of $88 trillion. So, there is a disaster waiting to happen, and especially because all this created money has created no value whatsoever. I always knew this would collapse, and it’s taken longer than I expected, but I think we are at the end of a major era. 

These derivatives, at some point soon, will actually turn into debt. Central banks will have to cover all the outstanding liabilities of the commercial banks as we are seeing now with Credit Suisse, Bank of England and etc. This is going to happen across the board. Whether it’s called derivatives or called debt, as far as I am concerned, it’s the same thing. It will have the same effect on the world financial system, which will be disastrous, of course.”

EvG says the derivative markets were simply a way for financial institutions to carry debt and not show it on their balance sheets. In the end, everything will balance out. EvG goes on to say, “Nobody can repay the debt, and they can’t even pay interest. So, therefore, when the debt implodes, so will the assets that were financed by this debt. So, both sides of the balance sheet have to come down. Whether it comes down by 50%, 75% or 90%, I don’t know. All I think about is risk, and the financial system will not survive in its present form. Central banks only use one kind of medicine, and that is more printed money. Now, you are getting negative returns on printed money. So, that is not going to save anything. 

Sadly we are looking at a situation when this system will start to implode. The rich are still rich, but the poor are really poor. Overall in the UK, Germany and most European countries, people don’t have enough money to live. This is a human disaster already. With food costs going up 25% and energy going up the same and gasoline, interest rates and rents, people don’t have enough money, and that is happening now. It’s a human disaster of mega proportions. It’s so sad, and governments will have no chance of doing anything about it. The risk is increasing exponentially,  and it is going to get worse.” There is much more in the 43-minute interview.

Join Greg Hunter on Rumble as he goes One-on-One with Egon von Greyerz of Matterhorn Asset Management, which can be found on GoldSwitzerland.com
o

Greg Hunter, "Desperate Deep State Wants War & Martial Law"

"Desperate Deep State Wants War & Martial Law"
by Greg Hunter’s USAWatchdog.com

"Legendary financial and geopolitical cycle analyst Martin Armstrong says we are getting down to the wire with the 2024 Election, and the Deep State Dems are in panic mode. Could we have a false flag, martial law, debt crisis, default, war or all of the above? Armstrong says, “They want war. There is no question about that.Lindsey Graham was on Face the Nation a couple of months ago, and he slipped and told the truth for once. I was shocked that he actually slipped and told the truth for once. He said there was a $10 trillion to $12 trillion natural gas asset under Crimea, and we can’t allow Russia and China to get that. This is like Iraq. We are going after the oil.”

On martial law, Armstrong says, “I am very concerned about martial law. They (Supreme Court) have kind of hinted that martial law is a common law type thing. When the courts are closed, then you have martial law. It is justified under ‘necessity.’ This is what the Supreme Court has said. So, I am very concerned that these neocons are so desperate that they are definitely going to try to create some sort of a false flag or anything they can do perhaps the last week in October going into the election.”

On the war front, we just had Israel bomb Iran, and NATO is still poking Russia. Armstrong says, “NATO is a retirement home for neocons. It should have been shut down. They are trying to take the world into World War III. They are now raising a $100 billion so they can continue the war against Russia in case Trump is elected.”

Armstrong is still seeing Trump winning in 2024 in a “landslide.” Kamala Harris is going the other way. A few months back, Armstrong said Kamala’s real approval rating was 10.5%. Armstrong says he just ran new Kamala Harris approval ratings with his Socrates computer program. Armstrong says, “It’s actually down to 6.5% to 7.5%. It’s really appalling.” Armstrong says Kamala has “negative coattails,” which will spell big losses for Democrats down ballot in November.

On the economy, Armstrong says, “We are in this debt Ponzi scheme where they issue new debt every year to pay off the old debt. People say the debt is $35 trillion, but the level of the debt does not matter. It could be a quadrillion dollars. China holds 10% of America’s debt. They sold $53 billion at the beginning of the year. This is where the danger comes. If you don’t have someone to take up what China is not buying, guess what? You can’t pay, and when you can’t pay, that’s when a default comes. This is why they want war, so they can default on everything. They take us to war, and there goes Social Security and everything else.”

On the 2024 Election, Armstrong says, “The 2024 Election will be the last election. The US will break up into three or four sections. We are committing suicide. This is how governments die. Gold goes up when people lose confidence in government. This is why central banks want gold. They are afraid of governments defaulting on their debt in war. In the war, we lose it next time. They want terrorism so they can lock us down. This is the future we face.” There is much more in the 1-hour and 3-minute interview.

Join Greg Hunter on Rumble as he goes One-on-One with Martin Armstrong 
as he gives his analysis on martial law, debt default and world war. 

"The Middle East: War"

Dialogue Works, 10/27/24
"Col. Larry Wilkerson & Scott Ritter: 
Iran Destroys Israeli Attack – IDF Crushed by Hezbollah Power!"
Comments here:
o
Full screen recommended.
OpenmindedThinker Show, 10/27/24
"Iranian Professor Goes Viral Hitting Israel Right Where It Hurts"
Comments here:
o
Full screen recommended.
OpenmindedThinker Show, 10/26/24
"Colonel Douglas Macgregor: Iran Crushed Israel;
Coming Retaliation Plans Shock Israel!"
Comments here:

"How It Really Is"

 

"We Must Believe..."

“When we walk to the edge of all the light we have and take a step into
the darkness of unknown, we must believe one of two things will happen.
There will be something solid to stand on, or we will be taught how to fly.”
- Patrick Overton

Dan, I Allegedly, "They Are Canceling Christmas: The Shocking Truth!"

Full screen recommended.
Dan, I Allegedly, AM 10/27/24
"They Are Canceling Christmas: 
The Shocking Truth!"
"Hey everyone, it's Dan from IAllegedly. Brace yourselves as I uncover the controversial decisions around this festive season. From Neiman Marcus dropping "Christmas" to cities like Miami canceling events, it's clear that the traditional holiday spirit faces challenges. Dive into why corporate America's move towards inclusivity is stirring the pot and what this means for families everywhere. Join me as we discuss the financial pressures impacting holiday spending and how heartwarming gestures mean more than expensive gifts. Stay informed and connected: be part of the conversation."
Comments here:

"Tiny Matters..."

 

"Doom Psychology Gripping The Nation"

"Doom Psychology Gripping The Nation"
by Jim Quinn

“No evil dooms us hopelessly except the evil we love,
and desire to continue in, and make no effort to escape from.”

"I might be mistaken, but I’ve been noticing behavior and observing economic and financial data which leads me to believe a shadow of doom enveloping the nation and the world is causing excessive risk taking behavior. I’m no psychologist, but I have stayed at a Holiday Inn Express. The examples of doom behavior are numerous.

On the way to the grocery store yesterday on a non-dangerous road where people drive 30 to 40 miles per hour, a car had just gone across the road and crashed into the concrete barrier head on. The entire car was destroyed. Either they were cut off by someone or tried to pass someone and lost control. Excessive speed and total recklessness on the part of at least one driver was a given. The number of angry drivers is surging. The traffic reports on the radio constantly reference multi-car accidents. A recent road rage incident included dudes wielding a machete.

I drive to and from work on the Northeast Extension and over the last several months I’ve witnessed extreme risk taking by numerous drivers. Going 80 mph on the 70 mph highway is far too slow for a particular demographic. Tailgating at 80 mph is now common. I frequently witness assholes weaving in and out of traffic at over 100 mph. I’ve seen multiple drivers cross two lanes of traffic at excessive speed, directly onto an off-ramp. These people appear to have death wish. I was cut off by a lunatic doing at least 40 mph while entering a 15 mph toll booth two weeks ago.

Nationally and in PA, traffic fatalities have been surging. My hypothesis that a fatalistic doom psychology has caused this reckless behavior may be true, or not. Being a committed conspiracy theorist who makes connections, I also wonder whether the covid jabs have created a brain fog or sudden rage that is also contributing to this recklessness. Maybe all the sheep who got the jabs finally realize the spike protein is a ticking time bomb and a premature death is in their future. Therefore, they have decided to live for today.

Doom spending has been another factually provable action that has been underway for the last year or so. We all know the Biden administration unleashed a tsunami of inflation through their idiotic spending based on the covid scam, fake infrastructure bills, and doling out hundreds of billions to the illegal invaders they ushered into the country, while shipping another $175 billion to Zelensky in their proxy war against Putin. Real wages for the average American have been falling for the last four years, as the cost of groceries, rent, homes, energy, insurance, and all everyday expenses have far out paced wage increases.

The non-Average Americans who constitute the 1%, or more accurately the .1%, have been doing great for the last four years, as the Federal Reserve kept rates at 0% for a ridiculously long time, driving stock prices to all-time highs. The “Haves” are doing great. The “Have Nots” are sinking further into poverty. And this has all been purposefully engineered by the ruling oligarchs. The reaction to this purposeful destruction of the finances of the majority of Americans, particularly among younger people, is what is being referred to now as doom spending.

Doom spending is when a person mindlessly shops and spends to self-medicate because they feel pessimistic and fatalistic about their economic prospects. If they see no way out, they see no implications to spending money they don’t have, maxing out their credit cards and leasing or financing luxury automobiles far above their ability to pay. This doom spending, promoted and sustained by Wall Street and the Fed easy money policies, is a major factor in the government being able to report positive GDP numbers, even though the economic situation of the majority is in the toilet. The government are specialists in reporting fake numbers and propagandizing false narratives.

Eventually this doom psychology will lead to an actual doom scenario. Whether this is triggered when enough people, corporations, and governments begin to default on their unpayable debts, or whether it is triggered by election chaos or global conflict, the financial collapse of the United States is a certainty. The politicians, and the overlords pulling their strings, have no intention of voluntarily abandoning the system and schemes that have made them obscenely wealthy. Many in the masses have embraced this doom psychology, but they have no idea what real doom looks like. When the final catastrophic collapse of this decrepit, deluded, debt ridden empire commences and the currency is destroyed, the chaos and violent upheaval will the 1930s look like the good old days.

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises
o
Hat tip to Jim Quinn and The Burning Platform for this material.

Saturday, October 26, 2024

Canadian Prepper, "Alert! Iran Getting Nuclear Weapons, Plans Major Retaliation! US Sends Dozens Of Planes To Qatar"

Canadian Prepper, 10/26/24
"Alert! Iran Getting Nuclear Weapons, Plans Major Retaliation! 
US Sends Dozens Of Planes To Qatar"
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"Israel Weak and Terrified: Iran's Superior Defenses Crush IDF"

Danny Haiphong, 10/26/24
"Israel Weak and Terrified:
 Iran's Superior Defenses Crush IDF"
"Geopolitical analyst and journalist Ben Norton joined as we broke the news about Israel's so-called "retaliation" to Iran. This video exposes the truth about the puny response and what it means overall geopolitically as all out war in the Middle East inches closer."
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Jeremiah Babe, "Don't Chase The Money Dream - Quitters Don't Win"

Jeremiah Babe, 10/26/24
"Don't Chase The Money Dream -
 Quitters Don't Win"
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Musical Interlude: Richard Harris, “MacArthur Park”, 1968

Richard Harris, “MacArthur Park”, 1968

"A Look to the Heavens"

"Have you ever seen the Pleiades star cluster? Even if you have, you probably have never seen it as large and clear as this. Perhaps the most famous star cluster on the sky, the bright stars of the Pleiades can be seen without binoculars from even the depths of a light-polluted city. With a long exposure from a dark location, though, the dust cloud surrounding the Pleiades star cluster becomes very evident. The featured exposure, taken from Florida, USA, covers a sky area several times the size of the full moon.
Also known as the Seven Sisters and M45, the Pleiades lies about 400 light years away toward the constellation of the Bull (Taurus). A common legend with a modern twist is that one of the brighter stars faded since the cluster was named, leaving only six of the sister stars visible to the unaided eye. The actual number of Pleiades stars visible, however, may be more or less than seven, depending on the darkness of the surrounding sky and the clarity of the observer's eyesight."

"A Person Who Has Remained A Person..."

“A person who has not been completely alienated, who has remained sensitive and able to feel, who has not lost the sense of dignity, who is not yet ‘for sale’, who can still suffer over the suffering of others, who has not acquired fully the having mode of existence – briefly, a person who has remained a person and not become a thing – cannot help feeling lonely, powerless, isolated in present-day society. He cannot help doubting himself and his own convictions, if not his sanity.”
- Erich Fromm

The Poet: Galway Kinnel, "Another Night in the Ruins"

"Another Night in the Ruins"

"How many nights must it take
one such as me to learn
that we aren't, after all, made
from that bird that flies out of its ashes,
that for us
as we go up in flames,
our one work is
to open ourselves,
to be the flames?"

~ Galway Kinnel

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Tewkesbury, Gloucestershire, United Kingdom.
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