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Wednesday, October 15, 2025

"Welcome to the Warfare State"

"Welcome to the Warfare State"
by Doug Casey

"War is one of the few things that only the State can do. Indeed, as Randolph Bourne said, "War is the health of the State." Let's briefly discuss the nature of the State to see why World War 3 is on the way.

The State is like any other living entity: its prime directive is to survive and grow. Bear in mind that the State - the government - is not at all the same thing as the country or society, even though it claims to be. It's not "We the People"; it's a distinct entity with its own discrete interests. And that's actually too mild an assertion. While individuals and companies prosper by providing goods and services to others through voluntary exchange, the State specializes in coercion.

There's nothing voluntary about the State. Its main products have always been pogroms, persecutions, confiscations, taxation, inflation, censorship, harassment, repression - and war. 
The State is not your friend. Mass murder and wholesale destruction are bad enough in themselves. But in wartime, the State enables them with new taxes, new debt, draconian controls, and new bureaucracies. These things linger long after the war is over.

Worse yet, the State does these things with the sanction of the victim; the typical citizen has been taught that almost anything is justified by "national security." Anyone who would normally protest these depredations in peacetime soon learns to dummy-up when there's a war for fear of being lynched for sympathizing with the invariably demonic enemy.

After the war - assuming a victory, of course - the State's debt, taxes, regulations and general size never return to pre-war levels. They ratchet up to ever higher plateaus, requiring the State to do more of the same to justify its existence. Government programs, of whatever description, are almost never pulled out by their roots. At most, they're trimmed, which has the same effect as pruning a plant, i.e., they're encouraged to grow back bigger and stronger. Why am I saying these scary things? Because we're clearly heading towards a big war.

A Clear and Present Danger: I want to make a point in this article that many will find unpalatable, perhaps even incredible: In today's world, the US military is nearly useless in countering potential threats from abroad. It's actually a positive danger. And it's not ready for a real war. If you're looking for a comforting mainstream analysis, I don't have much. Let's start with the North Atlantic Treaty Organization.

NATO is a US government program that's taken on a life of its own. Its original purpose was to defend against the Warsaw Pact. But although the Soviet Union and its allies ceased to exist as a military threat in the early 1990s, NATO has continued to grow. Despite agreements with Russia, it's grown right to their border, even adding traditionally neutral states like Finland and Sweden.

Even if you assume that NATO doesn't provoke WW3 over the Ukraine (setting aside a discussion of who's right or wrong and who really started it), the Chinese are likely next on the dance card. They can only see the allied Western states as pointing a gun in their direction. To them, NATO is a provocation to a cultural/racial war. NATO encourages them to make building their military a high priority.

So much for the "End of History." As long as nation-states exist, there will be violent conflict between them. But the way I see it, the nature of war, and even the nation-state itself, is going to change radically over the next 20 years. And, as has been the case throughout history, a prime mover is going to be technology.

Weaponry & Strategy: It's an old saying: "Generals always fight the last war." That's not because they're (necessarily) stupid. But by the time a man gets a bunch of stars on his epaulets, you're only assured of a competent bureaucrat with good political skills, not someone with a great military mind. Bureaucrats are not daring innovators; they do things by the book. That gives them CYA excuses and plausible deniability if things go wrong.

Apart from simple inertia, fighting the last war makes sense. For one thing, it's what they know. For another, the equipment and tactics in question have been tested. For another, the weapons exist, and when a war starts, you basically have to "run what you brought." Whether they can get away with fighting the last war depends mainly on whether there has been a significant change in technology. Up to early industrial times, one change in a lifetime was a lot. After all, how often do major innovations like the stirrup or gunpowder come along? But since the advent of industrialized warfare with the American conflict of 1861-1865, changes have been very rapid, and the rate of change is accelerating at warp speed.

The military is not unaware of this; as I said, they're not stupid. In fact, today's officers are highly educated; almost all are college graduates, for what that's worth. Most field grade officers have done graduate work as well. That's one reason the US emphasizes high-tech weaponry. The military is throwing ever greater amounts of money on larger, more complex, and vastly more expensive pieces of equipment. The idea is to stay technologically ahead of any potential enemies. Maybe the US can maintain its lead as long as it's a simplistic scenario of our tanks, planes, and ships against theirs. But the chances of things staying that simple are close to zero. The whole paradigm is about to change.

This is true for several reasons: today's "hi-tech" weapons (F-35 fighters, Abrams tanks, aircraft carriers) are already obsolete. They're certainly a nightmare to maintain and keep personnel competent. New drones, missiles, and torpedoes are both superior to and vastly cheaper than conventional weapons. Biological and cyber weapons obviate them all. If they're deployed in earnest, it's "Game Over".

Projecting force worldwide with 800 bases, $100 million aircraft, and carrier fleets, is ruinously expensive, especially for a bankrupt government that's "on tilt". But that's the essence of American doctrine. The concept of "defense" itself is obsolete for a nation-state. Let's look at this in a bit more detail.

1. Today's "Hi-Tech" Weapons Are Obsolete: Starting with a blank piece of paper, during World War II, the US developed one of the conflict's finest fighters, the P-51 Mustang, in 117 days and produced it for $50,000 a copy - say about $500,000 in today's dollars. It's true that the F-35 is considerably more complex, but relative costs should have been dropping because of advances in materials, techniques, computers, robotics, and such, not escalating over 100-fold in real terms. A friend who knows about these things tells me that every hour of operating time on an M-1 Abrams requires 8 hours of maintenance. For a F-16, it's 20 hours. It shouldn't come as a surprise that only 30% of F-35's are flyable at any given time.

Unsustainable runaway costs are apparent everywhere. When you're paying upwards of 15 billion dollars for an aircraft carrier (without any aircraft or auxiliary ships), $500 million for a B-2, and $7 million for a tank, you can't afford to buy very many of them. And you absolutely can't afford to lose any. Apart from the costs, it takes many months or years to produce more.

On the other hand, despite sophisticated defense armaments, a swarm of cheap sea-skimming missiles might sink a carrier and its 5000-man crew - not to mention a single hypersonic missile. A hit with a cheap shoulder-fired missile can bring down any low-flying aircraft, and at $10,000 a copy, the battlefield can be peppered with them. Fire-and-forget missiles transform tanks into expensive iron coffins; ultra-cheap commercial drones can drop explosives anywhere. Cheap, accurate, small, and numerous missiles are the modern equivalent of Sam Colt's six gun, which not only made the little guy equal to the big guy, but superior - because big guys are big targets. Drones the size of bumblebees will seek out highly trained and very expensive infantrymen.

Like a small person who knows he shouldn't fight a giant on his own terms, US adversaries will use the military equivalent of Aikido, turning the opponent's own might against him. The Houthis in Yemen recognize that it costs the Americans millions to blow up a mud hut, which is, in popular parlance, "unsustainable." In addition to creating more enemies. They see themselves as the under-gunned rebels in Star Wars when they destroy the Empire's Death Star, substituting daring and cleverness for the enemy's overwhelming physical capital.

2. Today's Conventional Weapons Will Soon Be Totally Obsolete: This whole discussion will be completely academic in a generation when nanotechnology becomes practical. The idea is the creation of machines and supercomputers atom by atom. The essence of the technology is making things larger from a molecular level rather than trying to miniaturize them.

It's likely to be the most important event in human history, including the conquest of fire. It will change the very essence of life itself totally, irrevocably, and unrecognizably - including the nature of armed conflict. An excellent, albeit conservative, description of a nanotechnic future is offered by Neal Stephenson in "Diamond Age", which I highly recommend. Nanotech weapons will be available to everyone after a delay, much as gunpowder was in the 15th century. That assumes, of course, that the cyber and bioweapons now available to everyone don't obviate the whole question.

In the meantime, the trend to miniaturization will continue apace. Microchips and other computer components are commercially available everywhere, and they're cheaper and more powerful every day. The next generation of weapons will be highly miniaturized robots, weighing at most a few pounds apiece, probably designed with running or flying insects as models. Construction will be facilitated by the use of off-the-shelf electronic products. That’s in addition to full-size Terminator-style robots, AI-piloted and armored vehicles.

A $50 billion fleet can be devastated by a few score missiles; a formation of soldiers wouldn't stand a chance against an attack by thousands of very cheap microbots. Just as a hundred tiny ants can easily overwhelm a scorpion, cheap and tiny machines will turn current military behemoths into useless artifacts. Any country will be able to have a truly formidable military for a fraction of today's costs.

3. Overextension as a Formula for Disaster: Fighting a war next door is one thing; doing so on the other side of the world is something else again. Fuel, materials, and troops are very costly to transport and maintain at the end of a 10,000 mile airlink. Doing so is likely to result in what has been called "imperial overstretch"; if you try to cover all the bases, you become overextended, vulnerable, and bankrupt. The US currently maintains a military presence of some description in about 100 countries, and almost all of those emplacements are an active provocation to somebody.

Question: If social spending cannot or will not be cut, with $1 trillion in interest that must be paid each year, debt growing at $2 trillion per annum, and money already being created by the trillions annually, what is going to give when times get tough? Will the government get involved in yet another serious foreign military adventure? Of course. They see it as a solution, not a problem.

A poor country can fight a war using human capital - like Korea in the 1950s or Vietnam in the 1960s. But a country like the US is almost forced to use financial and technological capital because human life has a high price tag for us. That makes for a problem when we don't have the financial resources to maintain a military that's both very expensive and ineffective. Can the US afford to fight a continuous war in the alleged search for continuous peace? The experience of previous empires, from the Romans on, suggests the answer is no.

America's best defense is a strong economy with lots of technological innovation, not an overweening military. If the US government, with its taxes, regulations, currency inflation, and welfare, were to disappear, the country would experience the greatest and most genuine boom in world history. In a decade, even China would appear as relatively insignificant as Nigeria today. It would be almost impossible to threaten a genuinely advanced America.

It's equally important not to give any government or group a reason to launch an attack. People the world over love the idea of America; they love the culture, the cars, the food, the freedom, you-name-it. They like the good things American corporations used to make. They don’t mind good-natured, free-spending American tourists. What they don't like is US boots on the ground or in their airspace, fomenting coups to install "democracy." If Washington DC ceased to exist, the other 96% of the planet's population would have no more incentive to strike America than Costa Rica.

Of course, I may be anachronistic in that view. Over the last 50 years, while the US was building an arsenal to fight Russia and China, a different threat has been building. The Muslim world, which has been in what amounts to a Forever War with the West for 1400 years, is cyclically on the march again. They have two very important weapons.

One is firm and fanatical beliefs. The West, on the other hand, has lost all confidence; it's flaccid and believes itself to be evil. As Napoleon said, in warfare, the psychological is to the physical as three is to one. The prognosis for America and Europe is not good. They'll be conquered both psychologically and by migration. America's bloated military will be useless.

Islam's second weapon is many hundreds of millions of young Mohammedans. From a military viewpoint, they are infiltrating the demographic and political structure of the West and changing it. And if things ever go kinetic, scores of millions of young fighters are cheaper and more effective than expensive hi-tech hardware. There's much more to be said on the topic of the Forever War with Islam.

Where this is Going: As a reader, I presume you agree with me on some of the above or are at least willing to listen to the argument with an open mind. I suspect that's not the case with most Americans, however. They view the military as a national treasure or even an icon.

On one level, I can understand this atavistic attachment. As a kid I wanted to go to West Point- but was cured of the temptation by four years of military high school. In college, during the Vietnam War, I was signed up for the Marines PLC program (yes, I was a slow learner). But then I simultaneously drew 365 of 366 in the draft lottery (it was a leap year) and was medically rejected as 1-Y because I had broken my right leg in 17 different places only a year before. At that point, I figured the cosmos was trying to send me a message like, "If you really want to go to Vietnam, do you really need the government to pay your way?"

American's warm feelings toward the military are largely misplaced. And I speak as someone who likes soldiers. Whatever its star-spangled history, the US military no longer serves much of a useful purpose because of the ongoing evolution of technology. Worse, it's become an active danger. What's left of its esprit de corps is being eroded by DEI, LGBT, and anti-whiteism. Soldiers' first loyalty is naturally to each other - although that's been weakened by Wokism. Their next loyalty is to their employer, who they trust less and less. Their third loyalty is to those they supposedly protect and serve, but they have less and less in common with them. Combine those problems with others I've listed, and it's no wonder the militaries of Western countries are becoming less and less reliable and effective. Not good; at the very time their governments are provoking war with Russia, China, and smaller counties.

Let me sum things up. US foreign policy is putting this country on a collision course with any number of other countries. The US military is in a position to fight the last war, but not the next one, because the weapons the US is loading up on are basically dinosaurs. And like dinosaurs, they're unbelievably expensive to feed. The likely bankruptcy of the government during the next economic downturn will make feeding them near impossible.

When the next conflict occurs, it's likely to do extensive damage in the US itself. It will be hard to insulate yourself from World War 3. It makes the Southern Hemisphere look better all the time.

Your first line of defense, of course, is common sense survivalist stuff. You know the drill: buy gold, silver, and get a survival retreat with a year's supply of food, fuel, and ammunition. Keep gaining skills and knowledge. Try to become self-employed. Surround yourself with reliable, like-minded associates. Keep a low profile with the authorities. And, I might add, enjoy yourself; don't take things too seriously. We're dealing with the human condition."

The Daily "Near You?"

Stevenson, Alabama, USA. Thanks for stopping by!

"Until You Stop Choosing the Life You Say You Hate, You’ll Never Be Happy"

Full screen recommended.
"Until You Stop Choosing the Life You 
Say You Hate, You’ll Never Be Happy"
by Mind's Space

"Are you tired of living the same life you say you hate - yet somehow keep choosing it every day? This video dives deep into the truth behind self-sabotage, comfort zones, and the unconscious choices that keep us stuck in cycles of unhappiness. Until you stop repeating the patterns that drain your spirit and limit your potential, happiness will always feel out of reach. In this transformative message, we’ll explore how to break free from mental loops, emotional traps, and fear-based decisions that hold you back. You’ll learn how to consciously choose yourself, your peace, and your growth - instead of settling for the version of life that keeps you small. If you’re ready to stop surviving and start living, this is your wake-up call."
Comments here:

"The Reality Of Life..."

"Despite my firm convictions, I have been always a man who tries to face facts, and to accept the reality of life as new experience and new knowledge unfolds it. I have always kept an open mind, which is necessary to the flexibility that must go hand in hand with every form of intelligent search for truth."
- Malcolm X

"A Dreamer..."

"And why does it make you sad to see how everything hangs by such thin and whimsical threads? Because you’re a dreamer, an incredible dreamer, with a tiny spark hidden somewhere inside you which cannot die, which even you cannot kill or quench and which tortures you horribly because all the odds are against its continual burning. In the midst of the foulest decay and putrid savagery, this spark speaks to you of beauty, of human warmth and kindness, of goodness, of greatness, of heroism, of martyrdom, and it speaks to you of love.”
- Eldridge Cleaver

Musical Interlude: Moody Blues, "Forever Autumn"

Full screen recommended.
Moody Blues, "Forever Autumn"

"How It Really Is"


U.S. National Debt Clock: Real Time

Horrifyingly fascinating...

Economic Market Snapshot, 10/15/25

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Full screen screen recommended.
Finance Economist, 10/15/25
"The Collapse for Millions of Americans Has Begun"
"This video isn’t clickbait it’s a call to wake up. The collapse for millions of Americans has already begun. We’re talking about working people who can’t afford shelter, exploding debt, vanishing infrastructure, and a system rigged to harvest every last dollar from your pocket. This is not just inflation. It’s systemic breakdown. Watch carefully: the data proves how deep it goes and what’s coming next."
Comments here:
o
Full screen recommended.
Michael Bordenaro, 10/15/25
"Record Number Of Seniors Are 
Selling Their Homes And Renting"
Comments here:
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Full screen recommended.
ThisisJohnWilliams, 10/15/25
"America’s Shutdown Just Got Worse,
 50% of IRS Agents Fired Overnight"
Comments here:
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Full screen recommended.
Mark Moss, 10/15/25
"A Once in a Lifetime Crash is Coming, 
Worse Than 2008"
"The crash everyone’s talking about right now will be worse than 2008… but not in the way almost everyone thinks it’s going to happen. See, the media is bracing you for another housing collapse or a stock market wipeout - but that’s not the real danger. This time, the bubble isn’t in real estate or banks… It’s in a completely different sector that no one is watching - and when it pops, the crash effects will be nothing like what most people are preparing for."
Comments here:

"Modern Consumerism: The Perfected Form of Slavery"

Full screen recommended.
The Psyche, 10/15/25
"Modern Consumerism: 
The Perfected Form of Slavery"

"What if the greatest illusion of our time is the belief that we are free? In this video, we uncover the hidden psychological architecture behind modern consumerism - how it evolved from a simple economic system into the most sophisticated form of mental control ever created. From Edward Bernays’ manipulation of the unconscious mind to the algorithms that shape our desires today, this film exposes how our thoughts, habits, and identities have been programmed to serve an invisible empire of consumption. You’ll learn: How advertising and social media rewired human psychology. Why freedom has been replaced by dependency on desire. The connection between consumerism, self-image, and spiritual emptiness. And most importantly, how to break free from the illusion and reclaim true awareness.

This is not just a critique of capitalism - it’s a mirror for the modern soul. Watch until the end, because the final revelation might change the way you see yourself, your choices, and the world around you. Freedom begins with awareness. If this message resonates, share it - and help others awaken from the illusion."
Comments here:
o
Freely download "To Have Or To Be", by Erich Fromm, here:

Dan, I Allegedly, "Mark Cuban Just Backed the Most Dangerous Loan Ever - The Auto Pawn Trap"

Full screen recommended.
Dan, I Allegedly, 10/15/25
"Mark Cuban Just Backed the Most 
Dangerous Loan Ever - The Auto Pawn Trap"
"Mark Cuban’s latest venture, Yendo, is making waves - and not in a good way. In this video, I expose the shocking truth behind what some are calling the “Auto Pawn Trap.” Yendo promises financial relief by letting you borrow against your car, even with bad credit or no job. Sounds great, right? Not so fast. With staggering 30% interest rates, hidden fees, and the constant threat of repossession, this scheme targets the most financially vulnerable. Is this “solution” ruining lives instead of helping? You decide. I share my personal experience with auto-backed loans and why this double debt trap is a financial nightmare waiting to happen. From repossession horror stories to the grim reality of payday loan-level interest rates, this is a wake-up call for anyone considering Yendo. Spoiler: it’s NOT the answer! Plus, I dive into Mark Cuban’s involvement and why he should focus on financial education instead of funding predatory financial products."
Comments here:

John Wilder, "The Looming A.I. Market Bubble"

"The Looming A.I. Market Bubble"
by John Wilder

"Elon Musk promises a supercomputer cluster bigger than Texas that’ll make Skynet™ look like an HP-15C®. It even has a creepy name for those who know film history: Colossus™. Of course, it’s going to require more power than a quiver of Antifa® mainlining Red Bull© during a riot. I like that. A herd of cattle, a murder of crows, and a quiver of Antifa©.

But it’s not just Elon. There’s also Sam Altman, that pint-sized messiah of OpenAI© is out here swearing he’ll build data centers the size of Afghanistan, all to birth the AI-god-emperor that’ll finally figure out why fish from Long John Silver’s® always tastes like regret.

But here’s the kicker: this might be the biggest Ponzi scheme in history. If /When this AI bubble pops, it may very well make the dotcom crash look like look like a lost wallet. On recent analysis I saw was over here (LINK) by Ed Zitron, and no, I’m not going to make fun of his last name as tempting as that might be since he writes well. When I read it, it wasn’t behind the paywall, but it was also insightful. Trust me. His conclusion?

According to Ed’s analysis, the AI hype train is barreling toward a cliff made of physics, bad math, and even worse economics. If Mr. Zitron is correct, trillions of dollars are being flushed down the toilet on promises that of a technical revolution which, while automating many boring tasks, unfortunately won’t replace the staff at the DMV.

First off, the promises. OpenAI’s® scribbled deals on cocktail napkins that will eventually result in laws prohibiting what they’re doing. As I mentioned in a previous post, they’re committing to drop $300 billion on Oracle™ over five years. That amounts to $5 billion a month, which is more than Taylor Swift makes in an entire year. Just kidding, but that $5 billion a month is a big number, since OpenAI only made $4.3 billion in the first six months of 2025.

OpenAI™ doesn’t have the money, of course, but, hey, it’s a bubble, so who is counting? They have stock, so if they don’t have cash, they’ll just give you stock. What is OpenAI© buying with that cash that they don’t have? A gigawatt-scale data center orgy that’ll need more energy than Switzerland. Probably. Maybe. I’d need to know how many electric toothbrushes the Swiss use to be sure. But, the problem is, nobody has built a gigawatt data center. Ever.

The biggest data centers today top out at maybe 100 megawatts, and that’s if the grid fairies are feeling generous. Take Stargate Abilene, OpenAI’s© “investment” with Oracle®. It’s supposed to hit 1.2 gigawatts, but right now? They’ve got a puny 200-megawatt substation and some jury-rigged natural gas turbines that might squeak out another 350 megawatts if we can talk the Chinese into sending us the rare earth materials to make them.

Reality check: to run just this one location, they need 1.7 gigawatts total just to cover cooling and losses. And, it’s in Texas, which is not known for being a good place to keep stuff cold. They picked a climate where cooling the data center will be like trying to cool my nether regions in a sauna using a hairdryer.

And the power? Forget it. Transformers and substations take 2-4 years to build, and we’re fresh out globally. The article quotes some Bloomberg® wonk admitting they’re slapping together “not the really good” turbines because the premium ones have a seven-year waitlist. Seven years! By then, those fancy Nvidia™ H100 GPUs will be as obsolete as Taylor Swift’s ovaries.

None of this is hyperbole. This is simple math: Taylor’s really getting up there if she wants to have kids. But back to the data center. Roughly, if you have a gigawatt of power that gets you maybe 700 megawatts of actual data center capacity after the universe’s entropy tax.

OpenAI® is pledging 6 gigawatts of AMD® GPUs by late 2026. No way. No sites have been picked, no financing has been announced. No nothing. It’s like promising to pay off the national debt by spending more so we make it up in . . . volume, yeah, volume discounts. Now, let’s spice it up with history, because nothing says “wealth wisdom” like learning from suckers who came before. As I mentioned in the previous post, this is straight out of the dotcom collapse.

Remember Cisco™? Yes, they make good stuff, and they survived. But back in the year 2000, they were the kings of the internet pipe dream and they hit $69 a share in 2000 bucks. Yesterday, they were at $68.66, so on an inflation-adjusted basis, they haven’t ever returned to their 2000 peak. The world realized nobody needed that many routers to email “I can has cheezeburger?” cat pictures.

If that were it, we’d probably be okay. But Nvidia™ is now priced out at 8% of the entire valuation of the S&P 500. The “500” in S&P 500 means the largest 500 companies in the United States. And one company is 8% of it. This is the highest share of any single company in the history of S&P 500. Ever. The top seven tech firms account for 34% of the S&P 500.

Should we worry about that? Nah. It’s not like private equity is running out of cash for all of these projects. Wait, what? They are, and lots of them are exiting so they have sufficient cash left to buy cocaine and OnlyFans™ girls to snort the coke off of.

The worst part is that the entire thing is so incestuous that it makes a Habsburg family reunion look positively eugenic. Nvidia™ invests $100 billion in OpenAI® which then invests some other imaginary amount of billions in a deal with Oracle© to buy data centers and stuff them full of Nvidia® GPUs. The result? The stock price of each of these companies increases.
Economically? It distorts everything. One estimate was that AI infrastructure spending accounted for 92% of U.S. GDP growth in the first half of this year, all based on debt and soaring stock prices. OpenAI’s projecting $200 billion revenue and $38 billion profit by 2030? Cute. How do they expect to do that as their current business model is selling a dollar’s worth of computations for four cents? I guess they’ll make it up in volume?

Really, that’s not their bet. Their bet is that they’ll be the first to the prize: superhuman intelligence that will do their bidding. To be clear, if they got that, it might be worth it. For Sam Altman. Or for AI if it decides to go full Cyberdyne Systems and make Sam clean toilets. But certainly not for you, and not for me. It would be an economic dislocation that would be the biggest in human history, even more than my divorce. If AI turns out to be real, actually disrupting the workforce like a drunk uncle at Thanksgiving, automating jobs left and right: boom.

Economic collapse. Trillions in productivity gains? Nope, it’s trillions in pink slips, ghost towns of cubicles, folks out of work, AI overlords hoarding the pie. I can see it now, French Revolution 2.0 with robot guillotines from RobotGuillotines.com.

But if AI’s the dud... hang on, what’s a dud in this context? With the trillion plus dollars invested and the distortion to the economy it could be the most successful product in history and still be an economic wrecking ball. It it’s a dud, then all this investment? Wasted. Trillions vaporized on e-waste mountains, exec bonuses, and data centers that won’t be filled for the next century. This will drag down markets, pensions, and everyone eats ramen for the next decade.

If it works? Collapse. If it doesn’t work? Money bonfire and depression. Thankfully, in almost either scenario we will be able to avoid the real danger to society: Long John Silver’s®."

"1929 Stock Market Crash on the Horizon Again" (Excerpt)

"1929 Stock Market Crash on the Horizon Again"
by David Haggith

Excerpt: "One article for the headlines on Tuesday, since The Daily Doom doesn’t have holiday editions, asks if we are heading for a 1929-style stock market crash. If you’ve read me for long, you know I lean strongly that way. I think we are moving into the popping of the everything bubble, which the article just mentioned refers to as the “multicrisis.” We even have the same scale tariff situation today that played such a huge role in deepening The Great Depression. It may even be at a worse scale, depending on how it all settles out, as the rules are still changing:

To put an exclamation point on that, Trump just doubled down on the most significant of all of his tariffs on Friday, saying he was going to add another 100% to the constantly in-flux tariffs the US places on Chinese goods. That caused a quick one-day crash of sorts in stocks. So, there is never any stable ground with the Trump Tariff Wars because he constantly changes the terms. In many cases that has proven true even after he has struck a deal.

The artificial-intelligence stock supercharger: With that said, this will be a different kind of crash. In ‘29, the key driver for the total economic collapse was a stock market crash. It looked like that would be the case this year, too, as the market fell precipitously due to the tariff wars in March and April. It may still be the case, which was one of the big events I predicted for this year, anticipating Trump’s tariffs; but I increasingly think the market is now likely fully operated by competing AIs. As rapidly as artificial intelligence has advanced and data centers have sprung up this year, it’s hard for me the believe the billionaires who own AI companies are not using their massive new data factories to rig or manipulate the stock market, especially their own stocks.

Why wouldn’t they? There are scarcely any laws to regulate AI from doing what algorithms already do (albeit on a more attenuated scale than what AI will add to the equation). AI easily has the capacity to see what all market analysts have tried for decades to see - whether or not there are any patterns of what works and how to play them, whether or not there are any signs others are not seeing for what is to come, and also how to play those.

The market has been largely determined by algorithms for several years now. What is better suited for AI control/domination/manipulation than algorithms that speak AI’s native language and that were designed to be self-refining. If AI is kept from those connections by firewalls that prevent it from hacking the stock-market algos, it can still easily figure out how to play those algos. I mean what are they but tiny versions of understated AI anyway, given their self-modifying capabilities? For AI, teasing the existing market algos to do whatever AI wants is like playing with children.

That means something I warned about years ago under algorithms is more plausible today than ever, and may already be happening via AI hacking the algos or playing the algos in ways that even the AI owners don’t know about. So long as their AI’s are smart enough to keep putting money in the owners’ pockets, why wouldn’t the AIs do that; and why would the owners worry about how they are doing that, other than as a curiosity they want to understand in order to exploit further?

What I had warned about a few years ago, was that algo trading could take the stock market completely beyond natural economic limits or even usual market sentiment, making individual corporations mere chips in the casino that could trade at any value, even if the company is known to be destined for destruction, by an entity that knew how to use the chip to make a bet that would pay out. It wouldn’t even matter if the company was going bankrupt so long as its stock still existed as a place holder for laying bets on the roulette wheel of fortune.

That would complete the market’s ultimate transition on a path long in the making where the casino function is all that’s left where companies with no capacity ever to make money could be bid up to the stratosphere, and the smartest algo or AI is the one that knows when and how to reverse the bet and let it crash to capture the most gains, as the stock gets buried into less than a penny stock. The machines will be so much smarter than us before the end of this year that they will even be able to game collective human sentiment."
Full article is here:

Bill Bonner, "Turning Japanese"

"Turning Japanese"
by Bill Bonner

Baltimore, Maryland - "Policies, policies, policies. There are ‘policies’ that seem to work...and some that don’t seem to work. But the policy that always works best is no policy at all. That is, left alone, people do the best they can with what they have. Only they know what they want and what they have to work with. The feds, who have aims of their own, can make us do things differently; they can’t make us do things better. Doing ‘better’ is driven by competition, not by the feds. We try to be better, smarter, faster, richer, sexier than our rivals.

Here’s the latest on the China/US competition. Associated Press: "China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend. In the latest escalation of the trade war between the two nations, Trump issued the tariff threat on all Chinese imports into the U.S. after China placed stricter restrictions Thursday on rare earths, a vital resource used in electronics."

Who would have thought it? When we were children, China was a hopelessly poor and backward place. They had policies up the Yangtze. Policies for products. Policies for people. Policies for everything. And the more policies you implement, the less freedom you have to make real progress. That is why communism posed no long-term threat to the USA.Communism ensured that the Chinese would take no jobs from America...and never, never rival the US technologically. .

“Never interrupt an enemy when he is making a mistake,” said Napoleon. But instead of accepting the gift graciously, and perhaps offering a little insincere praise, we spent billions trying to get China to change her ways. Eventually, she did. And now China is eating our lunch...our dinner...and our afternoon snacks. What did she do? She simply did away with the economic policies that had hog- tied her people. “To get rich is glorious,” said Deng Xiaoping.

Competition changes all the time. Japan famously had the most dynamic economy in the world...up until 1990. Everyone wanted to learn the latest Japanese buzzwords...Republicans and Democrats both aimed to imitate what they thought were Japan’s winning policies. But Japan had no monopoly on innovation or business genius. What it had was a cheap money policy...a monetary policy that distorted its economy.

The background on this was that Ronald Reagan had won the White House in 1980. His Fed chief was seriously fighting inflation, with a fed funds rate as high as 20%. The high interest rates attracted savings from all over the world, causing the dollar to go up. Against the Japanese yen, for example it went up 50%. But tight money also produced a recession.

So, the world’s leading finance ministers got together at the Plaza Hotel in New York in 1985. Their mission: a policy that would bring the yen up and the dollar down. The idea was simple enough. Central banks - guided by US Treasury Secretary James Baker - agreed to sell dollars to buy yen.

A personal footnote. We sued Baker; as Treasury Secretary, he was responsible for running up US debt to an almost unimaginable level back then - $1.8 trillion. We argued that one generation had no right to burden future generations - who couldn’t vote - with debt. The case was listed as ‘Bonner v. Baker’ and was dismissed. But Baker’s mother was a Bonner. He joked that ‘Bonner v. Baker’ was what he ‘had grown up with. If speculators had understood, they could have made fortunes as the dollar fell.

The lesson: When governments want to bring a currency down, they can do so. And today, the Trump Team wants to bring the dollar down again. But it’s not without its hazards. The New York Times, in 1987, described the Plaza Accords as an ‘abrupt shift’ in monetary policy. The following day - October 18th - brought a panic. The Dow recorded its largest ever single-day drop. To put it in perspective, it would be the equivalent of a 10,000 point drop today.

Japan meanwhile, had its Black Monday too...three years later. First, the rising yen did for the Japanese economy what the rising dollar had done to the US. That is, it caused a recession. Then, the Japanese authorities did what monetary officials did before and have done since - they came up with a new policy...stimulating the economy with lower interest rates. This in turn caused asset prices to go through the roof.

But even in Japan, the familiar pattern of boom-bubble-bust rules. Policies don’t eliminate it. They make it worse. And the bust came in 1990. The Nikkei Dow, then at 38,000, retreated to a low of 7,000...and didn’t recover until last year - 35 years after the crash."
                                      - https://www.bonnerprivateresearch.com/

Tuesday, October 14, 2025

Jeremiah Babe, "This Is Going To Get Scary, Get Ready Now!"

Jeremiah Babe, 10/14/25
"This Is Going To Get Scary, Get Ready Now!"
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Adventures with Danno, "Major Job Losses Are Coming, Get Prepared"

Adventures with Danno, 10/14/25
"Major Job Losses Are Coming, Get Prepared"
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A Mystery: "100x Bigger Object Just Joined 3I/ATLAS – And the Rendezvous Starts Now"

A Mystery: In the Comments below this post was this: "Red's woodsman.October 13, 2025 at 11:53 PM COMPLETE FICTION! None of these reported effects have been observed. TOO MUCH BULLSHIT!" He's got a point, and here's why: the 2 posts below are contradictory regarding the activities of 3I/ATLAS. There being no way to independently verify what's really happening, and NASA et al remaining silent, the question arises: if this is a hoax, who did it and why? Who spent a lot of time and money, powerful creative computing power, and paid a professional narrator to produce it? Why, and for what benefit? 
Author's Websites:

I have no answers, judge for yourself... - CP

A Terrifying Must-View!
Full screen recommended.
Beyond The Stars, 10/13/25
"100x Bigger Object Just Joined 3I/ATLAS – 
And the Rendezvous Starts Now"
"For weeks the world has been fixated on the strange visitor named 3I/ATLAS, an interstellar body that defied every expectation with its emerald glow, its pulsing rhythm, and its eerie defiance of the laws of physics. But just as scientists struggled to make sense of its behavior, the James Webb Space Telescope detected something even more unsettling: 3I/ATLAS is no longer alone. A second object, one hundred times larger, has entered the frame, moving not randomly but on a trajectory that intersects perfectly with ATLAS itself. Astronomers were stunned—not because two cosmic wanderers crossed paths, but because the alignment was too precise, too deliberate, as though this rendezvous was always part of the plan. And now, under the silent gaze of the universe, two colossal interstellar mysteries approach each other in an event so unprecedented that no words from science, history, or myth can prepare us for what is about to unfold."
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o
Post from October 12, 2025
Full screen recommended.
RevVolt, 10/12/25
"3I/ATLAS Just Split in Two - 
And Both Fragments Are Headed Toward Earth!"
"Astronomers have just confirmed that Comet 3I/ATLAS has SPLIT into two massive fragments - and both are now on a trajectory heading toward Earth. This shocking development has stunned NASA and the global scientific community."
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"Urgent! White House Collapses Into Chaos – Trump Can’t Stop the Fallout!"

Prof. Jeffrey Sachs, 10/14/25
"Urgent! White House Collapses Into Chaos –
 Trump Can’t Stop the Fallout!"
"Washington is collapsing under the weight of its own contradictions. Leaked memos. Secret meetings. Fractured loyalties. As Trump’s presidency spirals into chaos, America faces its most profound test yet - the collapse of leadership itself. In this documentary-style breakdown, we go inside the meltdown:
• The internal war that shattered Trump’s circle.
• The nationwide fallout shaking markets, media, and democracy.
• The haunting endgame that left the White House in silence.

This is not just about one man - it’s about a system imploding from within. The end of the performance… and the beginning of reckoning."
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Musical Interlude: Spirit Tribe Awakening, "Raise Positive Vibration"

Full screen recommended.
Spirit Tribe Awakening, "Raise Positive Vibration"
"Peaceful, empowering and soothing music and nature to nurture your mind, body, and soul. Supporting and empowering you on your life journey. 528Hz positive energy healing music with 417Hz Solfeggio frequency. These frequencies have a specific healing effect on your subconscious mind." Be kind to yourself, savor this extraordinarily beautiful video. Headphones recommended, not required.

"A Look to the Heavens"

"Distorted galaxy NGC 2442 can be found in the southern constellation of the flying fish, (Piscis) Volans. Located about 50 million light-years away, the galaxy's two spiral arms extending from a pronounced central bar have a hook-like appearance in wide-field images. But this mosaicked close-up, constructed from Hubble Space Telescope and European Southern Observatory data, follows the galaxy's structure in amazing detail.
Obscuring dust lanes, young blue star clusters and reddish star forming regions surround a core of yellowish light from an older population of stars. The sharp image data also reveal more distant background galaxies seen right through NGC 2442's star clusters and nebulae. The image spans about 75,000 light-years at the estimated distance of NGC 2442."

Chet Raymo, “The Sea Grows Old In It”

“The Sea Grows Old In It”
by Chet Raymo

“The poet, like the electric [lightning] rod, must reach from a point nearer to the sky than all surrounding objects down to the earth, and down to the dark wet soil, or neither is of use. The poet must not only converse with pure thought, but he must demonstrate it almost to the senses. His words must be pictures, his verses must be spheres and cubes, to be seen, and smelled and handled.” 
– Ralph Waldo Emerson

“Ah, Mr. Emerson. This seems about as good a description of poetry as one is likely to find. I love the image. Not a hand reaching up to grasp the hand of Zeus, the hurler of bolts, but merely a pointed rod that reaches higher than any surrounding objects. A pen-point, scratching the firmament. Not a conductor reaching down to the earth, but deeper, into the wet inkpot of the soul.

Not lofty thoughts, airy philosophies, gnostic arcana. Rather, ideas that come wrapped in the stuff of the senses. Ideas that must be unwrapped the way you’d peel an orange, or pry open an oyster, or stir up from the bottom of a bowl of soup. The electric fire of the heavens captured and stored in the Leyden jar of physical self.

Take, for example, Marianne Moore’s “The Fish”, a poem that has been endlessly analyzed without ever giving up its secrets. Anyone who stands on that rocky shore with the poet, looking into the wave-washed chasm - the sea as fluid as breath, as hard as a chisel- takes away a lesson as profound as any one might learn in school, perhaps without being able to articulate exactly what the lesson is. The experience is simply there, to be seen, smelled, handled, in the weave and wave of animal bodies, in the intricate rhyme and syllabication of the poem. Truth- crow-blue, ink-bespattered, hatcheted, defiant.

I’d go further. I’d say that Emerson’s description of poetry can be equally applied to science, or to any human attempt to attract the spark of Zeus. One must lift one’s rod beyond the scratch and tumble of the everyday, while keeping its foot buried in the dark wet soil of lived experience.”
“The Fish”

“Wade through black jade.
Of the crow-blue mussel-shells, one keeps
adjusting the ash-heaps;
opening and shutting itself like an injured fan.
The barnacles which encrust the side of the wave,
cannot hide there for the submerged shafts of the sun,
split like spun glass,
move themselves with spotlight swiftness into the crevices -
in and out, illuminating
The turquoise sea of bodies.

The water drives a wedge of iron through the iron edge of the cliff;
whereupon the stars, pink rice-grains, ink-
bespattered jelly fish, crabs like green lilies,
and submarine toadstools, slide each on the other.

All external marks of abuse are present on this defiant edifice -
all the physical features of accident -
lack of cornice, dynamite grooves, burns, and hatchet strokes,
these things stand out on it;
the chasm-side is dead.
Repeated evidence has proved that it can live
on what can not revive its youth.
The sea grows old in it."

- Marianne Moore

“The Immutable Laws of Nature, and Murphy’s Other 15 Laws”

“The Immutable Laws of Nature, and Murphy’s Other 15 Laws”
by Peter McKenzie-Brown

“The Immutable Laws of Nature”

•Law of Mechanical Repair: After your hands become coated with grease, your nose will begin to itch and you’ll have to pee.
•Law of Gravity: Any tool, nut, bolt, screw, when dropped, will roll to the least accessible place.
•Law of Probability: The probability of being watched is directly proportional to the stupidity of your act.
•Law of Random Numbers: If you dial a wrong number, you never get a busy signal; someone always answers.
•Law of Variable Motion: If you change traffic lanes or checkout queues, the one you were in will always move faster than the one you are in now.
•Law of the Bath: When the body is fully immersed in water, the telephone will ring.
•Law of Close Encounters: The probability of meeting someone you know increases exponentially when you are alongside someone you don’t want to be seen with.
•Law of the Damned Thing: When you try to prove to someone that a machine or device won’t work, it will.
•Law of Biomechanics: The severity of the itch is inversely proportional to the reach.
•Law of the Spectator: At any theatrical, musical or sporting event, the people whose seats are furthest from the aisle always arrive last. They are the ones who will leave their seats several times to go for food, for beer, or to the toilet and who leave before the end of the performance or game. Those who occupy the aisle seats come early, never move once, have long gangly legs or big bellies and stay seated beyond the end of the performance. The aisle people also are very surly folk.
•Law of Coffee: As soon as you sit down to a cup of hot coffee, your partner will ask you to do something which will last until the coffee is cold.
•Murphy’s Law of Lockers: When only 2 people are in a locker room, they will have adjacent lockers.
•Law of Plane Surfaces: The chance that a slice of marmalade toast will land face down on a floor is directly correlated to the newness and cost of the carpet or rug.
•Law of Logical Argument: Anything is possible when you don’t know what you are talking about.
•Law of Physical Appearance: If clothes fit, they’re ugly.
•Law of Public Speaking: A closed mouth gathers no feet
•Law of Commercial Marketing: As soon as you find a product that you really like, it will cease production or the store will stop selling it.
•Law of Psychosomatic Medicine: If you don’t feel well, make an appointment to see to the doctor and by  the time you get there, you’ll feel better. If you don’t make an appointment you’ll stay sick.

“Murphy’s Other 15 Laws”

1. Light travels faster than sound. This is why some people appear bright until you hear them speak.
2. A fine is a tax for doing wrong. A tax is a fine for doing well.
3. He who laughs last, thinks slowest.
4. A day without sunshine is like, well, night.
5. Change is inevitable, except from a vending machine.
6. Those who live by the sword get shot by those who don’t.
7. Nothing is foolproof to a sufficiently talented fool.
8. The 50-50-90 rule: Anytime you have a 50-50 chance of getting something right, there’s a 90% probability you’ll get it wrong.
9. It is said that if you line up all the cars in the world end-to-end, someone would be stupid enough to try to pass them.
10. If the shoe fits, get another one just like it.
11. The things that come to those who wait, may be the things left by those who got there first.
12. Give a man a fish and he will eat for a day. Teach a man to fish and he will sit in a boat all day drinking beer.
13. Flashlight: A case for holding dead batteries.
14. God gave you toes as a device for finding furniture in the dark.
15. When you go into court, you are putting yourself in the hands of twelve people who weren’t smart enough to get out of jury duty.”

"When I See..."

"When I see the blind and wretched state of men, when I survey the whole universe in its deadness, and man left to himself with no light, as though lost in this corner of the universe without knowing who put him there, what he has to do, or what will become of him when he dies, incapable of knowing anything, I am moved to terror, like a man transported in his sleep to some terrifying desert island, who wakes up quite lost, with no means of escape. Then I marvel that so wretched a state does not drive people to despair." 
- Blaise Pascal

Ahh, but it does...

"Work. Pay Bills. Die. The Rat Race Starts at School"

Full screen recommended.
Philosophical Vision, 10/14/25
"Work. Pay Bills. Die. The Rat Race Starts at School"
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The Daily "Near You?"

Spokane, Washington, USA. Thanks for stopping by!

The Poet: Wendell Berry, "The Circles Of Our Lives"

"The Circles Of Our Lives"

"Within the circles of our lives
we dance the circles of the years,
the circles of the seasons
within the circles of the years,
the cycles of the moon,
within the circles of the seasons,
the circles of our reasons
within the cycles of the moon.

Again, again we come and go,
changed, changing. Hands
join, unjoin in love and fear,
grief and joy. The circles turn,
each giving into each, into all.

Only music keeps us here,
each by all the others held.
In the hold of hands and eyes
we turn in pairs, that joining
joining each to all again.
And then we turn aside, alone,
out of the sunlight gone
into the darker circles of return,
Within the circles of our lives..."

- Wendell Berry
“We are travelers on a cosmic journey, stardust, swirling and dancing in the eddies and whirlpools of Infinity. Life is Eternal. We have stopped for a moment to encounter each other, to meet, to love, to share. This is a precious moment. It is a little parenthesis in Eternity.”
- Paulo Coelho

"An Astonishing, Incredible 'Get Away From It All' Musical Interlude: "White Rabbit"

Full screen recommended.
"White Rabbit",
 Trippy Video Of Fractal Deepdream Hallucinations
"You don't need to take psychedelic drugs like LSD to experience trippy, vivid hallucinations. Since Google released their #deepdream-algorithm, you can let your computer do the job. This is the first "guided" deepdream-zoom into the depth of a dreaming neural network."

"Something You Already Know..."

“Let me tell you something you already know. The world ain't all sunshine and rainbows. It's a very mean and nasty place and I don't care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't about how hard ya hit. It's about how hard you can get it and keep moving forward. How much you can take and keep moving forward. That's how winning is done! Now if you know what you're worth then go out and get what you're worth. But ya gotta be willing to take the hits, and not pointing fingers saying you ain't where you wanna be because of him, or her, or anybody! Cowards do that and that ain't you! You're better than that!” 
- Rocky Balboa

"How It Really Is"

"We do not rest satisfied with the present. We anticipate the future as too slow in coming, as if in order to hasten its course; or we recall the past, to stop its too rapid flight. So imprudent are we that we wander in the times which are not ours, and do not think of the only one which belongs to us; and so idle are we that we dream of those times which are no more, and thoughtlessly overlook that which alone exists. For the present is generally painful to us. We conceal it from our sight, because it troubles us; and if it be delightful to us, we regret to see it pass away. We try to sustain it by the future, and think of arranging matters which are not in our power, for a time which we have no certainty of reaching. Let each one examine his thoughts, and he will find them all occupied with the past and the future. We scarcely ever think of the present; and if we think of it, it is only to take light from it to arrange the future. The present is never our end. The past and the present are our means; the future alone is our end. So we never live, but we hope to live; and, as we are always preparing to be happy, it is inevitable we should never be so."
- Blaise Pascal

Snyder Reports, "7-11 Closing 444 Stores"

Full screen recommended.
Snyder Reports, 10/14/25
"7-11 Closing 444 Stores"
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Dan, I Allegedly, "The Coming Recession Will Feel Like a Depression - Here’s Why"

Full screen recommended.
Dan, I Allegedly, 10/14/25
"The Coming Recession Will Feel
 Like a Depression - Here’s Why"
"The coming recession will feel like a depression for many, and in this video, I break down why. From skyrocketing debt levels and collapsing asset bubbles to job losses and rising costs, we explore the harsh realities facing everyday Americans. I'll share shocking financial insights, real-life stories, and tips on how to prepare for what’s ahead. If you're carrying debt or living paycheck to paycheck, this is a wake-up call you won’t want to miss."
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