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Sunday, February 23, 2025

"Young People Cannot Find a Single Job as Layoffs Get Worse"

Full screen recommended.
Market Gains, 2/23/25
"Young People Cannot Find a 
Single Job as Layoffs Get Worse"
Comments here:
o
Full screen recommended.
"Intel Fires Another 3,000 Workers
 as The Company Collapses"
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o
Full screen recommended.
Snyder Reports, 2/23/25
"'You Have 48 Hours'; 
Americans Worry About Their Future"
Comments here:

Greg Hunter, "DOGE Forces US Bankruptcy Reset"

"DOGE Forces US Bankruptcy Reset"
by Greg Hunter’s USAWatchdog.com 

"Financial writer and precious metals broker Bill Holter is back with a new warning on the effects of the Trump DOGE team (Department of Government Efficiency). Everyone now knows of the huge unfolding fraud and waste being uncovered in federal government audits. It simply has to be done for the nation to survive, but what many are missing are the consequences of these audits that are unavoidable. Holter and his former business partner Jim Sinclair (RIP) laid out the US bankruptcy scenario nearly five years ago on USAW. The post was titled “Trump Win Offers a Way Forward After US Bankruptcy – Holter & Sinclair.” Of course, Donald Trump “lost” in 2020, and the bankruptcy button was not pushed. Back then, Holter and Sinclair said the US was going to go bankrupt. The only question was, would America get financially reorganized “under the rule of law or the rule of chaos?” 

 The voters chose the rule of law in 2024 with the Trump landslide. Holter goes on to explain, “Mathematically, this is going to go down one way or the other. Either it’s going to go down through nonpayment or going to go down when they blow up the value of the dollar. They cannot pay the interest and debt back in current terms. They would have to create more dollars, diluting the value of each dollar in order to pay the dollars back. The question is, does this go down under the rule of law or does it go down under the rule of complete fraud and corruption. Look at the last days of the Biden Administration. Hundreds of billions of dollars going out the back door. All I can say is when this is over, people better be going to jail; otherwise, you are not looking at a true rule of law.”

Holter goes on to say, “DOGE is uncovering all kinds of fraud. This is what you see at the end of empires and even businesses. You see fraud at the very end when empires go under. The scope of what they are uncovering, just at this point, has been mind blowing. The more DOGE digs up, the more the truth is going to come out and the more confidence is going to break. When confidence breaks with foreigners, that’s a big problem. Just this year alone, we have about $10 trillion in Treasuries rolling over. It’s $28 trillion in the next four years. There has to be an appetite for our Treasuries, and DOGE uncovering the truth is counterproductive to that. They are uncovering the truth, but truth hurts confidence. DOGE, by doing what should have been done 50 years ago, and had we had real accounting, we would not have a problem. Now, you’ve got the system absolutely addicted to this cash flow coming out of USAID and all these different programs, and that is going to get shut off. It’s like throwing sand into a gear box. The system is going to grind to a halt, and that is going to lead to ‘The Great Taking.’”

Holter predicts, “When the system grinds to a halt, you see derivatives collapse, you see financial institutions collapse. Then, guess what, they take all your stuff. Under today’s laws, they do it legally.”

Five years ago on USAW, Holter and Sinclair predicted gold would be going much higher. Gold standing at more than $2,900 per ounce shows they were correct, but Holter says you ain’t seen nothing yet, “Gold is a thermometer that tells the health of currencies and regimes. At $2,950, gold is flashing the alarm now. The average person is not equating that to an alarm bell, but it is an alarm bell. People are using gold to get out of the system. When all is said and done, you are going to find out there was fraud everywhere. You are also going to find out that all these crypto currencies are the perfect accounting system for digital air.”

In closing, Holter says that when you consider the massive amounts of trillions of dollars of unpayable debt, gold could easily be revalued to more than $100,000 per ounce in a reset of the financial system. Holter says, “This would reliquefy central banks all over the world. I don’t think you would have central banks all over the world complaining about that.” Holter says silver could be revalued upward to thousands of dollars per ounce in a financial reset as well. There is much more in the 61-minute interview."

Join Greg Hunter on Rumble as he goes One-on-One with 
financial writer and precious metals expert Bill Holter:
o
Full screen recommended.
Times Of India, 2/23/25
"‘$350 Billion…’, Trump Unleashes Fiery Rant On Zelensky"
Comments here:

$350 BILLION to goddamned Ukraine?!!!
1 million Ukrainian soldiers killed, 100,000 dead Russian troops -
And what help have YOU gotten, Good Citizen?
A massive WTF indeed! And why?
It's all about the money...

Dan, I Allegedly, "Will There Be a DOGE Stimulus Check?"

Full screen recommended.
Dan, I Allegedly, 2/23/25
"Will There Be a DOGE Stimulus Check?"
"Will you be seeing a $5,000 stimulus check in 2025? In this video, I break down the latest buzz around potential government savings leading to stimulus payouts, including how Elon Musk and the Doge Department are uncovering billions in waste. Could this mean a financial boost for taxpayers? I explore everything from government inefficiencies to who might qualify for this stimulus if it happens. Plus, I’ll explain how you can still claim your 2021 stimulus check if you missed it.

I’m here to share insights, answer questions, and keep you informed on what’s happening behind the scenes. Whether it’s taxpayers, business owners, or employees – this conversation is for you. Let me know in the comments: what would YOU do with a $5K stimulus check? Would you save, invest, or spend it?"
Comments here:

Adventures With Danno, "Massive Changes at Dollar Tree"

Adventures With Danno, 2/23/25
"Massive Changes at Dollar Tree"
Comments here:

"Edward Abbey on How to Live and How to Die: Immortal Wisdom from the Park Ranger Who Inspired Generations"

"Edward Abbey on How to Live and How to Die: 
Immortal Wisdom from the Park Ranger Who Inspired Generations"
by Maria Popova

"The summer after graduating high school, knowing he would face conscription into the military as soon as his eighteenth birthday arrived, Edward Abbey (January 29, 1927–March 14, 1989) set out to get to know the land he was being asked to die for. He hitchhiked and hopped freight trains, rode in ramshackle busses and walked sweltering miles across the American Southwest. Upon returning home to Pennsylvania, he was promptly drafted and spent two reluctant years as a military police officer in occupied Italy. 

Defiant of authority and opposed to the war, he was demoted twice and finally honorably discharged “by reason of demobilization of men.” When he received the discharge papers, he wrote “RETURN TO SENDER” on the envelope in big bold letters to signal that he was never willing for the job he was being fired from. The FBI took note and opened a file, to which they would later add the World Peace Movement he organized on his college campus, his acts of civil disobedience to protect old-growth forests from the corporate chainsaw, and his attendance of a Conference in Defense of Children in Vienna, deemed “communist initiated.”

Even as a teenager, Abbey understood that ideologies are only ever defeated not with guns but with ideas, so he decided to subvert the system by enrolling to study philosophy and literature at the University of New Mexico under the G.I. Bill. He spent the rest of his twenties traveling (he fell especially in love with Scotland, thinking about what makes life worth living, and dreaming of becoming a writer. It was when he took a job as a park ranger at thirty that he found the material for his first book: the ravishing "Desert Solitaire," which went on to inspire generations of writers and environmental activists, among them Wendell Berry, Gary Snyder, Cheryl Strayed, and Rebecca Solnit.

Throughout his life, Abbey kept a journal that stands as a crowning curio in the canon of notable diaries, selections from which were posthumously published as "Confessions of a Barbarian" (public library). In an entry penned just before his twenty-fifth birthday, when most of us move through the world feeling invincible and immortal, Abbey contemplates the end of life:

"How To Die - but first, how not to: Not in a smelly old bloody-gutted bed in a rest-home room drowning in the damp wash from related souls groping around you in an ocean heavy with morbid fascination with agony, sin and guilt, expiated, with clinical faces and automatic tear glands functioning perfunctorily and a fat priest on the naked heart.

Not in snowy whiteness under arc lights and klieg lights and direct television hookup. No never under clinical smells and sterilized medical eyes cool with detail calculated needle-prolonged agonizing, stiff and starchy in the white monastic cell, no.

Not in the muddymire of battle blood commingled with charnel-flesh and others’ blood, guts, bones, mud and excrement in the damp smell of blasted and wrung-out air; nor in the mass-packed weight of the cities atomized while masonry topples and chandeliers crash clashing buried with a million others, no.

Not the legal murder either - too grim and ugly such a martyrdom - down long aisled with chattering Christers chins on shoulders under bright lights again a spectacle an entertainment grim sticky-quiet officialdom and heavy-booted policemen guiding the turning of a pubic hair gently grinding in a knucklebone an arm hard and obscene fatassed policemen everywhere under the judicial - not to be murdered so, no never.

But how to: Alone, elegantly, a wolf on a rock, old pale and dry, dry bones rattling in the leather bag, eyes alight, high, dry, cool, far off, dim distance alone, free as a dying wolf on a pale dry rock gurgling quietly alone between the agony-spasms of beauty and delight; when the first flash of hatred comes to crawl, ease off casually forward into space the old useless body, falling, turning, glimpsing for one more time the blue evening sky and the far distant lonesome rocks below - before the crash, before…

With none to say no, none.
Way off yonder in the evening blue, in the gloaming."

When he did die a lifetime later, alone in his desert home, Abbey left a winking note for anyone seeking his final words: “No Comment.” He requested that his useless body be used “to help fertilize the growth of a cactus or cliff rose or sagebrush or tree.” Wishing to have no part in the funeral industry’s embalmments and coffins, he asked his friends to ignore the state laws, place him in his favorite blue sleeping bag, and bury him right into the thirsty ground. If a wake was to be held, he wanted it simple, brief, and cheerful, with bagpipe music, “lots of singing, dancing, talking, hollering, laughing, and lovemaking,” and no formal speeches - “though the deceased will not interfere if someone feels the urge.” When the wake was held at Arches National Park, where he had found his voice as a writer, Wendell Berry and Terry Tempest Williams were among those who felt the urge.

Long after he composed his passionate prospectus for how (not) to die and not long before he returned his borrowed atoms to the earth, Abbey offered his best advice on how to live in a speech he delivered before a gathering of environmental activists: "It is not enough to fight for the land; it is even more important to enjoy it. While you can. While it’s still here.

So… ramble out yonder and explore the forests, climb the mountains, bag the peaks, run the rivers, breathe deep of that yet sweet and lucid air, sit quietly for a while and contemplate the precious stillness, the lovely, mysterious, and awesome space.

Enjoy yourselves, keep your brain in your head and your head firmly attached to the body, the body active and alive, and I promise you this much; I promise you this one sweet victory over our enemies, over those desk-bound men and women with their hearts in a safe deposit box, and their eyes hypnotized by desk calculators. I promise you this; You will outlive the bastards."

Couple with Anna Belle Kaufman’s spare and stunning poem about how to live and how to die, then revisit the poetic science of what actually happens when we die.
"Life is hard? True - but let's love it anyhow,
though it breaks every bone in our bodies."
- Edward Abbey

Musical Interlude: Justin Hayward, "Celtic Heart"

Full screen recommended.
Justin Hayward, "Celtic Heart"

Saturday, February 22, 2025

Canadian Prepper, "Alert! Fort Knox! Biggest Crash In History Has Begun!"

Full screen recommended.
Canadian Prepper, 2/22/25
"Alert! Fort Knox! Biggest Crash In History Has Begun!"
Comments here:

Jeremiah Babe, "Blackrock Issues Dire Warning"

Jeremiah Babe, 2/22/25
"Blackrock Issues Dire Warning
Debt And Illness Are The Backbone Of The U.S. Economy"
Comments here:

"Dell Fires 20,000 Workers As EVERYONE Loses Their Jobs"

Full screen recommended.
Market Gains, 2/22/25
"Dell Fires 20,000 Workers As 
EVERYONE Loses Their Jobs"
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o
Full screen recommended.
Snyder Reports, 2/22/25
"Shocking Update: 
Layoffs Are Hitting Americans Hard"
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"The Image That Shocked The World & Surprising Message From Hamas To Israel"

Full screen recommended.
Mahmood OD, 2/22/25
"The Image That Shocked The World & 
Surprising Message From Hamas To Israel"

Musical Interlude: Leonard Cohen,"Everybody Knows"

Leonard Cohen,"Everybody Knows"

"A Look to the Heavens"

"A gorgeous spiral galaxy, M104 is famous for its nearly edge-on profile featuring a broad ring of obscuring dust lanes. Seen in silhouette against an extensive central bulge of stars, the swath of cosmic dust lends a broad brimmed hat-like appearance to the galaxy suggesting a more popular moniker, the Sombrero Galaxy. This sharp optical view of the well-known galaxy made from ground-based image data was processed to preserve details often lost in overwhelming glare of M104's bright central bulge.
Also known as NGC 4594, the Sombrero galaxy can be seen across the spectrum, and is host to a central supermassive black hole. About 50,000 light-years across and 28 million light-years away, M104 is one of the largest galaxies at the southern edge of the Virgo Galaxy Cluster. Still the colorful spiky foreground stars in this field of view lie well within our own Milky Way galaxy. "

The Poet: Derek Mahon, "Everything Is Going to Be All Right"

"Everything Is Going to Be All Right"

"How should I not be glad to contemplate
the clouds clearing beyond the dormer window
and a high tide reflected on the ceiling?
There will be dying, there will be dying,
but there is no need to go into that.
The poems flow from the hand unbidden
and the hidden source is the watchful heart.
The sun rises in spite of everything
and the far cities are beautiful and bright.
I lie here in a riot of sunlight
watching the day break and the clouds flying.
Everything is going to be all right."

~ Derek Mahon,
"Collected Poems"

Chet Raymo, "On Saying 'I Don't Know'"

"On Saying 'I Don't Know'"
by Chet Raymo

“Johannes Kepler is best known for figuring out the laws of planetary motion. In 1610, he published a little book called “The Six-Cornered Snowflake” that asked an even more fundamental question: How do visible forms arise? He wrote: "There must be some definite reason why, whenever snow begins to fall, its initial formation is invariably in the shape of a six-pointed starlet. For if it happens by chance, why do they not fall just as well with five corners or with seven?"

All around him Kepler saw beautiful shapes in nature: six-pointed snowflakes, the elliptical orbits of the planets, the hexagonal honeycombs of bees, the twelve-sided shape of pomegranate seeds. Why? he asks. Why does the stuff of the universe arrange itself into five-petaled flowers, spiral galaxies, double-helix DNA, rhomboid crystals, the rainbow's arc? Why the five-fingered, five-toed, bilaterally symmetric beauty of the newborn child? Why?

Kepler struggles with the problem, and along the way he stumbles onto sphere-packing. Why do pomegranate seeds have twelve flat sides? Because in the growing pomegranate fruit the seeds are squeezed into the smallest possible space. Start with spherical seeds, pack them as efficiently as possible with each sphere touching twelve neighbors. Then squeeze. Voila! And so he goes, convincing us, for example, that the bee's honeycomb has six sides because that's the way to make honey cells with the least amount of wax. His book is a tour-de-force of playful mathematics.

In the end, Kepler admits defeat in understanding the snowflake's six points, but he thinks he knows what's behind all of the beautiful forms of nature: A universal spirit pervading and shaping everything that exists. He calls it nature's "formative capacity." We would be inclined to say that Kepler was just giving a fancy name to something he couldn't explain. To the modern mind, "formative capacity" sounds like empty words. 

We can do somewhat better. For example, we explain the shape of snowflakes by the shape of water molecules, and we explain the shape of water molecules with the mathematical laws of quantum physics. Since Kepler's time, we have made impressive progress towards understanding the visible forms of snowflakes, crystals, rainbows, and newborn babes by probing ever deeper into the heart of matter. But we are probably no closer than Kepler to answering the ultimate questions: What is the reason for the curious connection between nature and mathematics? Why are the mathematical laws of nature one thing rather than another? Why does the universe exist at all? Like Kepler, we can give it a name, but the most forthright answer is simply: I don't know.”

Kahlil Gibran, "The Madman"

"The Madman"
by Kahlil Gibran

"It was in the garden of a madhouse that I met a youth with a face pale and lovely and full of wonder. And I sat beside him upon the bench, and I said, “Why are you here?” And he looked at me in astonishment, and he said, “It is an unseemly question, yet I will answer you. My father would make of me a reproduction of himself; so also would my uncle. My mother would have me the image of her seafaring husband as the perfect example for me to follow. My brother thinks I should be like him, a fine athlete. And my teachers also, the doctor of philosophy, and the music-master, and the logician, they too were determined, and each would have me but a reflection of his own face in a mirror. Therefore I came to this place. I find it more sane here. At least, I can be myself.” Then of a sudden he turned to me and he said, “But tell me, were you also driven to this place by education and good counsel?”
And I answered, “No, I am a visitor.”
And he answered, “Oh, you are one of those who live in the madhouse on the other side of the wall...”

The Daily "Near You?

Vestal, New York, USA. Thanks for stopping by!

The Holstee Manifesto"


Full screen recommended.
"The Holstee Manifesto: Lifecycle Video"

"We're All Waiting..."

"We're all sinking in the same boat here. We're all bored and desperate and waiting for something to happen. Waiting for life to get better. Waiting for things to change. Waiting for that one person to finally notice us. We're all waiting. But we also need to realize that we all have the power to make those changes for ourselves."
- Susane Colasanti

John Wilder, "Choose Your Fate"

"Choose Your Fate"
by John Wilder

I think a lot about what could be versus what is. Probably too much, sometimes. What sort of examples? Well, a piece of walnut could be turned into fine furniture that might be used for hundreds of years. Or it could be burned in a fireplace and turned into ash.

That’s what I’m talking about. Yes, both of the results are useful, but one has enduring value while the other is ephemeral. Yeah, if it’s the single piece of firewood that keeps you alive for a night, well, that’s a goal, but in all the years I spent cutting firewood, not a single stick ever lived up to that level of valor. In fact, some sticks are downright bad, when a doctor presses my tongue down with a stick, I feel depressed.

There are other things, though, since I’m done talking about my wood. There is the split between having a high IQ and the performance that comes from that. Yes, generally higher IQ is correlated strongly with having a higher wealth and income, but I’ve seen geniuses who wasted it all. Athletic ability is in there, too. How many potentially great athletes disappeared because they had the work ethic of lightning: they followed the path of least resistance?

I could go on and on with examples of this, but I’m thinking that these are enough. And, generally, it’s not firewood that I’m concerned with as much as human potential. A wasted stick of mahogany is one thing, but a wasted Isaac Newton is a tragedy. Man, after a few pints, Isaac really was a mess: Leibniz really pissed him off somehow.

The biggest part, I think, of turning human potential into achievement is something very simple: language. In one sense, I think we speak the world we live in and ourselves into existence. When I say, “I’m going to write a post today” that changes my future. There have been several times I’ve promised something like, “And I’ll have a great post on Monday” and I was very pleased with the result of what I created each time I said that.

We take, I think, potential and will it into use. There is no time, ever, that I achieved something great and that it was something that accidentally happened. Dead Roman philosopher Seneca said that luck is when preparation meets opportunity, but the preparation took place in order to prepare for the opportunity. Thomas Jefferson didn’t just wake up one morning and decide to write the Declaration of Independence. Nope. Jefferson wanted to write it. Plus, they knew if Franklin wrote it that it would have been filled with jokes that everyone would have missed until after the FedEx® horse and buggy dropped it off to the king.

I’ve noticed that when I say that I’m going to do something, that’s 90% of the way to success in whatever I had planned. Today, for instance, I wanted to write a post that didn’t focus on politics or the cares of the day (that will come on Monday with the Civil War 2.0 Weather Report) since I felt I wanted a brief change before jumping back into the fray. So, with that declaration, I looked at some notes I had scribbled down, and saw that there were three that were related. And I started writing. Words, then, crystallized my vague intent into something specific.

This brings me to the final point: the difference between potential and achievement is words, but with intent. Nothing (generally) happens in my life without intent. Sure, there are accidents. Sure, there are the things that other people do that change my plans, but more often than not, the only real barrier to any achievement that is physically possible is me failing to put my goal into words and intent.

I think that intention is important. Without intention, all I see are obstacles. If my goal becomes to achieve, however, I start to try to focus in my mind ways to achieve my goal by going around, through, or even using those obstacles to my advantage.

The final point is: What is it you are here to do? Why are you here? If you’re unhappy, why aren’t you changing your circumstances? Until we draw our final breath, we have choices. Sure, I don’t have the same wide array of choices in this world that I did when I was 18, but there is still a lot of runway left for me to say those words that lock in the intent.

I’m here tonight writing because I want to be. I’m going to get up tomorrow morning because I want to. And I know I haven’t written the best essay I’m going to write, because I know that’s in front of me, not behind me. And I know that the grandest revelation isn’t behind me, it’s in my future. So, almost everyone reading this today has the option to make the work that they do with the rest of their life a pile of ashes, or a piece of furniture worth being handed down. Maybe I’ll make a recliner. That way my grandkids could say, “Me and this chair go way back.”
o
o

"How It Really Is"

 

"The Answer To 1913 Is 2025: 3 Charts That Show Why The Income Tax, The IRS And The Federal Reserve Should All Be Abolished"

"The Answer To 1913 Is 2025: 3 Charts That Show Why The 
Income Tax, The IRS And The Federal Reserve Should All Be Abolished"
by Michael Snyder

"Most Americans don’t know that for much of U.S. history there was no federal income tax and there was no central bank. But now everyone assumes that we must have a federal income tax and a central bank in order to have a functioning society. Today, there are just a handful of nations that do not have an income tax, and more than 99 percent of the entire population of the globe lives in a country that has a central bank. Of course the two work hand in hand. A central bank creates a spiral of borrowing that is meant to be unbreakable, and an income tax is necessary to service payments on that debt spiral. It is not a coincidence that a federal income tax and the Federal Reserve were both established in 1913. Since that time, we have piled up the biggest mountain of debt in the history of the world, and that is precisely the outcome that the system was designed to produce.

So what is the solution to this colossal mess? The answer to 1913 is 2025. This year, we are seeing things get proposed in Washington D.C. that once would have been unthinkable. For example, Commerce Secretary Howard Lutnick just told Fox News that President Trump wants to “abolish the Internal Revenue Service”…"More details have emerged from the Trump administration about alleged plans to get rid of the Internal Revenue Service (IRS) and utilize tariffs so the “whole economy explodes.” “His goal is to abolish the Internal Revenue Service and let all the outsiders pay,” Commerce Secretary Howard Lutnick said Wednesday on “Jesse Watters Primetime.” “As the president said, reciprocal tariffs, either you bring yours down or we’re going to bring ours up. If we go to their level, it will earn us $700 billion a year to be equal to everybody else,” he expanded Thursday on “America’s Newsroom.”

And it appears that the Trump administration is already taking concrete steps toward that goal. In fact, it is being reported that “approximately 7,000 probationary workers” at the IRS are about to be hitting the bricks…"The Internal Revenue Service (IRS) is planning to slash approximately 7,000 probationary workers in Washington, D.C., and across the U.S. starting Thursday, according to reports. The layoffs will affect probationary workers who have been employed for one year or less and have not been able to secure full civil service protection, The Associated Press reported, citing a person familiar with the plans."

Wow. Meanwhile, the Federal Reserve is also being targeted by the new administration. In fact, Elon Musk has suggested that the Federal Reserve could soon get visited by the Department of Government Efficiency…"Musk wrote on X in response to a user’s post about the billionaire’s support for an audit of the Fed that the central bank isn’t above scrutiny from DOGE. “All aspects of the government must be fully transparent and accountable to the people. No exceptions, including, if not especially, the Federal Reserve,” Musk wrote.

Musk is a longtime critic of the central bank and has called out its decisions on monetary policy as well as claiming the Fed’s workforce is bloated. This is wonderful news. Because what we have been doing for decades is clearly not working. The Federal Reserve system is designed to create debt, and the income tax is designed to service that debt. We find ourselves on an endless hamster wheel that becomes more painful with each passing year.

The charts that I am about to share with you tell a very clear story. The primary reason why we have had an almost unbelievably high standard of living over the past three decades is because we have piled up the biggest mountain of debt in the history of the world. Once upon a time the United States was the wealthiest country on the entire planet, but all of that prosperity was not good enough for us. So we started borrowing and borrowing and borrowing and we have now been living beyond our means for so long that we consider it to be completely normal.

When President Woodrow Wilson entered the White House in 1913, the U.S. was less than 3 billion dollars in debt. Now we are 36 trillion dollars in debt…
This is what a central bank is designed to do. Most people simply do not understand this. We have been robbing future generations blind for so long that it doesn’t even seem to bother most people anymore. It is time for a change.

Sadly, Americans have also accumulated the largest mountain of household debt in the history of the world. The following chart which comes directly from the Federal Reserve shows the growth of household and non-profit organization debt over the years…
Of that amount, more than 18 trillion dollars of it is household debt… "Americans’ household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according to a report by the Federal Reserve Bank of New York. The report showed that overall household debt increased by $93 billion to $18.04 trillion at the end of 2024, an all-time high. Credit card balances rose by $45 billion from the prior quarter to reach $1.21 trillion at the end of December, which is also a record high."

We have become accustomed to living in debt. We go into massive amounts of debt to get an education, we go into massive amounts of debt to buy a home, we go into massive amounts of debt to purchase our vehicles, and we even pile up debt to buy holiday gifts and to purchase groceries.

The American people want to hear that better times are ahead. But under the current system the only way to give the American people “better times” is to crank up the debt spiral to an even higher level. That is the approach that our leaders have been taking for a long time, and it is madness. When you add up all forms of debt in our society, it comes to a grand total of more than 100 trillion dollars…
We are literally committing national suicide. I wish that I could get more people to understand this. 30 years ago, the total amount of debt in the system was less than 20 trillion dollars. Now we have surpassed the 100 trillion dollar mark. We are talking about a financial bubble that is unlike anything that the world has ever seen before.

If we continue down this road, our children and our grandchildren would have no future. When people hear words like “billion” or “trillion” they tend to tune out. But that is a mistake. There is an enormous difference between a billion dollars and a trillion dollars.

Just how big is one trillion dollars? To answer that question, I would like to use an illustration that I have used in my books. If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars. Yet somehow we have piled up more than 100 trillion dollars of debt, and our financial status just keeps getting worse month after month after month.

If we want to get free from all this debt, we have to abandon the system that created all of this debt in the first place. We need to abolish the Federal Reserve, the IRS and the income tax. We have been living far, far beyond our means for decades, and it has been the greatest party in the history of the world. But it is time to turn out the lights because the party is over. The good news is that change is in the air. The answer to 1913 is 2025, and those that are attempting to dismantle the current system should be applauded."
o
When the debt was "only" $30 trillion...
Full screen recommended.
"US Debt of $30 Trillion Visualized
 in Stacks of Physical Cash"

"Jim Richards: 'Something Far Worse Than A Recession Is Coming'"

Full screen recommended.
Plain Finance Reborn, 2/22/25
"Jim Richards:
 'Something Far Worse Than A Recession Is Coming'"
"Jim Rickards talks about Inflation and the possibility of a recession. he talks about two percent inflation target and why it doesn't make any sense. in the 1980s the dollar already lost half of it's value in just 5 years, and we don't need to wait for another 110 years for the dollar to loses its value."
Comments here:
Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!

"The US Economy Is Shutting Down Rapidly. Expect Widespread Jobs Losses with Much Higher Inflation"

"The US Economy Is Shutting Down Rapidly. 
Expect Widespread Jobs Losses with Much Higher Inflation"
 by Gregory Mannarino

"Business activity here in the US and around the world has not just stalled, it is contracting. This past Friday here in the US, the Business Flash PMI, by their own numbers, showed a sharp contraction in business activity. This most recent fall in business activity is following a drop in January of the Business Flash PMI to a nine-month low. Moreover, the S&P Global US February flash services PMI came in at 49.7, vs an expected number of 53.0, (any reading below 50 indicates contraction).

According to S&P Global, “this unexpected decline in services and business activity here in the US is raising concerns about the health of the private sector and therefore the rising potential for private sector jobs losses.” (For weeks I have been warning those who follow my work to expect widespread jobs losses in the private sector moving forward along with much higher inflation).

A Common Denominator:
1. The current phenomenon of a sharp contraction in the global economy, can be traced back to a common denominator. And that is, currency purchasing power destruction on the back of artificially suppressed rates.
2. Despite the fact that the world economy is shutting down, the stock markets of the world are at/near all-time highs. This phenomenon as well can be traced back to THE SAME common denominator. And that is, currency purchasing power destruction on the back of artificially suppressed rates.

What can we learn from understanding the “common denominator?” Artificially suppressed rates and therefore currency purchasing power destruction are:
1. Negative for the economy.
2. Positive for the stock market.

The current trajectory, globally, is to expect that central banks will be allowed to vastly and rapidly inflate from here, which increases their collective power and control. Potentially, this mechanism can boost stock market prices, but the economy will suffer - faster. (Meaning YOU will suffer faster. - CP)

Diminishing Effect: To keep the stock market propped up, the mechanism of artificially suppressed rates and therefore currency purchasing power losses, will require extraordinary measures. The Law of Diminishing Returns applies here. To continue to push cash into risk assets/stocks, in the current environment, will require a sharp upward move in debt expansion, debt expansion in the form of currency issuance- which is also massively purchasing power negative and therefore inflationary.

To stop the economies of the world from contracting, which would help the middle class by returning purchasing power to the currency, would require muchhigher rates. Higher rates would of course be a wrecking machine for the stock market… Instead, what we will see, is lower rates, and therefore a further destruction of currency purchasing power. This of course is positive for the stock market, and a wrecking machine for the economy and middle class…"
o
A very real, and accurate, video metaphor...
Full screen recommended.
The Good Ship "World Economy" meets the perfect economic storm...
And then, what?

Dan, I Allegedly, "AI Ends Shoplifting Forever – Retail Crime is Over"

Full screen recommended.
Dan, I Allegedly, 2/22/25
"AI Ends Shoplifting Forever – 
Retail Crime is Over"
"AI is changing everything, and today I’m diving into how one simple scanner could end shoplifting forever – but is this really the future we want? A Sam’s Club near me has implemented AI-powered tech that scans your cart for items, making stealing practically impossible. But what about the cost? Jobs are being replaced, and this could be just the beginning. Join me as I explore this groundbreaking technology and its impact on retail, privacy, and the workforce.

Beyond that, I’m breaking down the latest economic chaos – skyrocketing household debt, insane auto loan delinquencies, and the ridiculous moves by companies like Tesla and Ford that could shake things up even more. Oh, and apparently Kentucky Fried Chicken isn’t even in Kentucky anymore? You can’t make this stuff up. From AI in retail to financial struggles and corporate drama, there’s so much to unpack in this episode."
Comments here:

Adventures With Danno, "Massive Price Increases at Walmart"

Full screen recommended.
Adventures With Danno, 2/22/25
"Massive Price Increases at Walmart"
Comments here:

Friday, February 21, 2025

Canadian Prepper, "Alert! Poland Nuclear War Prep; Military Draft And Civil Alarm; The Truth About Trump And Zelensky"

Full screen recommended.
Canadian Prepper, 2/21/25
"Alert! Poland Nuclear War Prep; Military Draft And Civil Alarm; 
The Truth About Trump And Zelensky"
Comments here:

Jeremiah Babe, "Paper Wealth Will Be Wiped Out Overnight, Something Very Big Is Happening"

Jeremiah Babe, 2/21/25
"Paper Wealth Will Be Wiped Out Overnight, 
Something Very Big Is Happening"
Comments here:

Musical Interlude: Spirit Tribe Awakening, "Raise Positive Vibrations"

Full screen recommended.
Spirit Tribe Awakening, "Raise Positive Vibrations"
"528Hz Positive Energy, Self Healing with 417Hz Solfeggio frequency. Peaceful, empowering and soothing music and nature to nurture your mind, body, and soul. Supporting and empowering you on your life journey." I can't praise this visually beautiful, and very effective, video enough. In these incredibly highly stressful times, please be kind to yourself and take the time to savor this exquisite work in full screen mode. Headphones suggested but not necessary. It works, as simple as that...
- CP

"A Look to the Heavens"

“Sculpted by stellar winds and radiation, a magnificent interstellar dust cloud by chance has assumed this recognizable shape. Fittingly named the Horsehead Nebula, it is some 1,500 light-years distant, embedded in the vast Orion cloud complex.
About five light-years "tall", the dark cloud is cataloged as Barnard 33 and is visible only because its obscuring dust is silhouetted against the glowing red emission nebula IC 434. Stars are forming within the dark cloud. Contrasting blue reflection nebula NGC 2023, surrounding a hot, young star, is at the lower left. The gorgeous color image combines both narrowband and broadband images recorded using three different telescopes.”

"The World Rests In The House..."

“The world rests in the night. Trees, mountains, fields, and faces are released from the prison of shape and the burden of exposure. Each thing creeps back into its own nature within the shelter of the dark. Darkness is the ancient womb. Nighttime is womb-time. Our souls come out to play. The darkness absolves everything; the struggle for identity and impression falls away. We rest in the night.”
- John O'Donohue,
o
"Anam Cara: A Book of Celtic Wisdom"
“On the day when
the weight deadens
on your shoulders
and you stumble,
may the clay dance
to balance you.
And when your eyes
freeze behind
the grey window
and the ghost of loss
gets in to you,
may a flock of colors,
indigo, red, green,
and azure blue
come to awaken in you
a meadow of delight.
When the canvas frays
in the currach of thought
and a stain of ocean
blackens beneath you,
may there come across the waters
a path of yellow moonlight
to bring you safely home.
May the nourishment of the earth be yours,
may the clarity of light be yours,
may the fluency of the ocean be yours,
may the protection of the ancestors be yours.
And so may a slow
wind work these words
of love around you,
an invisible cloak
to mind your life.”
o
John O'Donohue was an Irish author, poet, philosopher and former Catholic priest. He was born in County Clare on January 1, 1956. He died suddenly on January 4, 2008. He is best known for popularizing Celtic spirituality and is the author of a number of best-selling books on the subject.
Directly download "Anam Cara", by John O'Donohue, here:

The Times..."

"The times might be unpleasant, repulsive. The ghastly chaos, the abhorrent incivility might be intolerable, might force us into argument or leave us panic-stricken. On such occasions people build within themselves a conviction that the world outside is diabolical. The whimsical insults test our level of endurance, causing us to plead for mercy, wanting us to be pitied than exploited and victimized. Often this grief and shame form a delusion within us that there no longer exists good in this world, that good people are fictitious, and that goodness has lost its definition altogether. But such is not true because there are still people who are virtuous, unselfish, willing to help and possessing the ability of restoring our faith in humanity. To disregard them, their presence, would be as heinous as the deeds of the people who are unlike them. The times might be unpleasant, repulsive, but we'll come out it, unharmed and liberated."
- Chirag Tulsiani
o
Sam: "It's like in the great stories Mr. Frodo, the ones that really mattered. Full of darkness and danger they were, and sometimes you didn't want to know the end because how could the end be happy? How could the world go back to the way it was when so much bad had happened? But in the end it's only a passing thing, this shadow, even darkness must pass. A new day will come, and when the sun shines it'll shine out the clearer. Those were the stories that stayed with you, that meant something even if you were too small to understand why. But I think Mr. Frodo, I do understand, I know now folk in those stories had lots of chances of turning back, only they didn't. They kept going because they were holding on to something.
Frodo: What are we holding onto, Sam?
Sam: That there's some good in the world, Mr. Frodo, and it's worth fighting for."
- Samwise Gamgee, "Lord of the Rings: The Two Towers"