Prelude, "After The Gold Rush", Studio version.
Prelude, "After The Gold Rush", Live
So, we rise from the rubble...
Wednesday, November 24, 2021
"A Look to the Heavens"
"Have you ever seen the Pleiades star cluster? Even if you have, you probably have never seen it as large and clear as this. Perhaps the most famous star cluster on the sky, the bright stars of the Pleiades can be seen without binoculars from even the depths of a light-polluted city. With a long exposure from a dark location, though, the dust cloud surrounding the Pleiades star cluster becomes very evident. The featured exposure, taken from Florida, USA, covers a sky area several times the size of the full moon.
Also known as the Seven Sisters and M45, the Pleiades lies about 400 light years away toward the constellation of the Bull (Taurus). A common legend with a modern twist is that one of the brighter stars faded since the cluster was named, leaving only six of the sister stars visible to the unaided eye. The actual number of Pleiades stars visible, however, may be more or less than seven, depending on the darkness of the surrounding sky and the clarity of the observer's eyesight."
"A Person..."
“A person who has not been completely alienated, who has remained sensitive and able to feel, who has not lost the sense of dignity, who is not yet ‘for sale’, who can still suffer over the suffering of others, who has not acquired fully the having mode of existence – briefly, a person who has remained a person and not become a thing – cannot help feeling lonely, powerless, isolated in present-day society. He cannot help doubting himself and his own convictions, if not his sanity.”
- Erich Fromm
“US Government Is A Facade, Make-Believe Myth”
Full screen recommended.
Gerald Celente, Judge Andrew Napolitano,
“US Government Is A Facade, Make-Believe Myth”
Everybody should listen to EVERY SINGLE WORD that The Judge Andrew Napolitano says about our Rights, our Freedom, who we are & what's happened to us in this new podcast episode. "Government is the negation of Liberty. We are born free. Government only exists because we permit it to take our Liberty from us."
"The Economy is Going to the Birds - Banks are Getting Nervous"
Full screen recommended.
Dan, iAllegedly PM 11/24/21:
"The Economy is Going to the Birds -
Banks are Getting Nervous"
"The warnings continue on the Economy. Our Economy is going to the birds. From inflation, cargo ships to the supply chain mess. Nothing seems to be right and now the banks are admitting that they’re getting worried about their customers."
"The Emergency Has Only Just Begun"
"The Emergency Has Only Just Begun"
by Bill Bonner
BALTIMORE, MARYLAND - "A news flash. You’ll recall that it was only 18 months ago that the world had so much oil, its price fell below zero. CNN Business: "US crude finished April 20, 2020, at minus-$37 a barrel, blowing past the zero mark that few imagined would ever be crossed. Negative oil is the equivalent of getting paid by your local Starbucks to take coffee off its hands. Since then, governments and private companies, so covered with greenwash that they look like giant vegetables, have worked tirelessly to lower supplies of the dreadful fossil fuel. There are subsidies for electric cars… for windmills and solar panels – and penalties for producing oil.
England just announced that new houses will have to be equipped with a charging station for electric vehicles. Internal combustion engines are to be banned from new autos by 2030. The European Union says it will put speed governors on autos so they won’t go so fast, kill so many people, or use so much oil."
Oil Industry Takes the Hint: Also in Europe, thanks to U.S. meddling, the gas pipeline from Russia to Germany ran into more trouble this week. U.S. Secretary of State Anthony Blinken announced new restrictions on Russian gas sales to Europe, suggesting that there was something underhanded about it. The pipeline is completed. But it is still not in service. Meanwhile, Treasury Secretary Janet Yellen says the “transition” to a green economy will cost as much as $150 trillion over the next three decades.
Naturally, oil companies have taken the hint. They’re not about to invest a lot of money drilling new holes when the feds are trying so hard to put them out of business. Biden’s pick for Comptroller of the Currency, Saule Omarova, made it clear where this is headed. The New York Post reports: "President Biden’s controversial, Soviet-born pick to lead a key branch of the Treasury Department admitted in a newly unearthed video that she “wants” traditional fuel industries “to go bankrupt.”
And here’s Oilprice.com: "Reinvestment rates among US shale oil producers hit an all-time low in the third quarter of 2021, resulting in a record free cash flow for the quarter, and are projected to fall even lower by year-end according to a Rystad Energy analysis. The analysis focused on a peer group of 21 public US shale oil producers, excluding majors, that together account for 40% of the expected 2021 output. The peer group’s combined reinvestment rate in the third quarter of 2021 was 46%, down from 53% over the same period in 2020 and way lower than the historical average of above 130%."
And the disinvestment is not just in shale oil. Total, BP, Chevron, Exxon, and Shell – the biggest producers in the world – have been reducing investment for almost 10 years.
Bad Move: What would you expect to happen? Faced with so many discouraging words, the oil industry has backed off… output has gone down… and the price of oil has gone back up… Brent crude is now $82 a barrel. And since oil is critical to modern economies… and crucial to the standard of living of most voters… and since the Biden team is getting worried about winning the next election… suddenly, there’s an emergency. Here’s the headline story: "Biden Announces 50 Million Barrels SPR Release To Lower Oil Prices."
"US President Joe Biden announced on Tuesday that the Department of Energy would release 50 million barrels of oil from the Strategic Petroleum Reserve (SPR) in a bid to lower high gasoline prices in a coordinated effort with other major oil-consuming nations. The U.S. Department of Energy will make available releases of 50 million barrels from the SPR, of which 32 million barrels will be in the form of an exchange over the next several months, releasing oil that must be returned to the Strategic Petroleum Reserve in the years ahead. Another 18 million barrels will be an acceleration into the next several months of a sale of oil that Congress had previously authorized, the White House said on Tuesday."
Oh my. Oil supplies getting tight? Prices going up? Future availability in doubt? What is the very worst thing you could do? Drain the strategic reserve!
Consequences of Feds’ Actions: There are knowns, unknowns, and things about which we haven’t a damn clue. Here at the Diary, we are reasonably sure that given a choice of two alternatives, the feds will always choose the worst one. But the consequences vary.
Biden’s “Build Back Better” Boondoggle will make us poorer. And we’re reasonably sure that it won’t make life more agreeable for most people. As for their energy policies, the fire the feds are playing with will almost certainly burn somebody’s fingers. Fossil fuels don’t just allow us to watch Netflix. They make it possible to feed seven billion people. Our guess is that the emergency has scarcely begun."
"Some Oddities..."
“There are some oddities in the perspective with which we see the world. The fact that we live at the bottom of a deep gravity well, on the surface of a gas covered planet going around a nuclear fireball 90 million miles away and think this to be normal is obviously some indication of how skewed our perspective tends to be.”
- Douglas Adams
"Marcus Aurelius: How To Live Without Fear”
"Marcus Aurelius: How To Live Without Fear”
Developing strength by having power over the mind.
by Harry J. Stead
“The Roman Emperor Antoninus died in 161 and Marcus Aurelius and Lucius Verus assumed the roles of co-emperors. But, Aurelius’ rule was a challenging period for the Roman Republic. He spent the first years of his reign fighting the Roman–Parthian War of 161–166. During this war, the Empire suffered great difficulties and losses but eventually re-occupied Edessa in Greece where the deposed king was returned to the throne. However, the returning soldiers brought back with them a plague that would torment much of Europe for years, killing around five million people.
Later, from 166 to the end of Aurelius reign in 180, the Empire fought the Marcomannic Wars, where Germanic tribes continuously invaded Roman territory across the northern frontier regions. The Roman army, after a long struggle, managed to push back the invaders and re-establish the frontiers of the Empire.
Marcus Aurelius acquired the reputation of a philosopher king within his lifetime, and the title would remain his after death. He was a practitioner of Stoicism, and his personal philosophical writings, which later came to be called Meditations, are a significant source of the modern understanding of ancient Stoic philosophy.
Marcus Aurelius wrote the majority of the twelve books of the “Meditations” at Sirmium (modern day Serbia), where he spent time planning military campaigns and strategy during the Marcomannic Wars. A few of the books were written while he was positioned at Aquincum on campaign in Pannonia. And, the internal notes tell us that the first book was written when he was campaigning against the Quadi on the river Granova (modern-day Hron in Slovakia).
“Meditations” served as Aurelius’ journal, a private source of his own guidance and wisdom during times of darkness. His words are simple and honest, and the sentences are delivered like entries in a diary; the pages seem to be a list of quotations, all varying in length from one sentence to long paragraphs. It is unlikely that Marcus Aurelius ever thought someone would publish these writings. He simply wished to record what he believed to be true.
But, when reading “Meditations”, we do not get the sense that the author was, at the time, the most powerful man on the continent. The vulnerability of Aurelius’ words falls onto one’s heart, and you feel yourself empathising not with the vast fears of a Roman Emperor, where war and power are all that must occupy the mind, but, instead, with the melancholy struggles of a rather lonely man. For Aurelius was a man with no equals, a man who had all the wealth and beauty in the known world, yet no one to share it with. So sad are his words that the reader imagines the author to be a fragile being with the same worries and doubts as ourselves, rather than a head of state with a breast plate and a red cloak.
The journal was an attempt to counsel himself through his own darkness. The reader feels comfortable and calm with his words; we cannot help discover ourselves in each of his little splashes of wisdom. But, I suppose this is the nature of the diary. For diaries are intimate and individual, they allow the author to open their hearts and express their deepest passions.
And, by expressing our own unique message, the lyrics of our hearts, we touch upon a universal truth that speaks to everyone. Here lies the beauty of Meditations and the reason why it has been a major source of guidance to a great many people for almost two thousand years.
“A blazing fire makes flame and brightness out of everything that is thrown into it.”
- “Meditations”, Marcus Aurelius
John Dalberg-Acton, a 19th century British politician, expressed this opinion in a letter to Bishop Mandell Creighton in 1887: “Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.” He was correct. Power does tend to corrupt the individual, but only because power exposes the true nature of the ruler, not because it turns the ruler sour.
Marcus Aurelius is, perhaps, the exception to this law in Western history. He was the only ruler that somewhat resembled Plato’s idea of the philosopher king – he was the last Good Emperor. This is easy to see when reading his journal.
The central theme to “Meditations” is that if one wishes to keep a tranquil soul, then he should live according to nature. This is the underlining idea of almost every sentence he wrote in “Meditations.” Clearly, he tried hard to remind himself of this wisdom lest he become a tyrant just as those who came before and after him did.
“If you are distressed by anything external,
the pain is not due to the thing itself,
but to your estimate of it;
and this you have the power to revoke at any moment.”
- Marcus Aurelius, “Meditations”
The temptation to control and handle every movement of the European continent must have been overwhelming. Because, as an emperor, Aurelius had to stand firm against the weight of a vast and over stretched Empire; he was a god, waving a red sword over a map of the entire world. Yet, he was also a man among men, carrying the same limitations and burdens of those who served him. He was not all-powerful or all-seeing, but the people expected him to be.
But, nature made Aurelius an emperor and so he believed it his calling to live up to his greatest potential. He did not lose himself in wine and women and become a victim of lust and desire, as many others had done, nor did he rule from fear and anxiety. The man had a beautiful soul. He could have had everything he wanted, he could have fulfilled his deepest passions and desires, yet he chose instead to pursue the end that was good for everyone. Power does not corrupt, power entertains the irrational and exposes the dirt within the soul.
“You have power over your mind – not outside events.
Realize this, and you will find strength.”
- Marcus Aurelius, “Meditations”
The wise man, the truly good man, Aurelius thought, is in control of his own soul. This is all that concerns him – to be at peace with his own spirit. He only fears making chaos of his soul for it is the only power that he has responsibility for. If he loses control, then he loses himself and is powerless to fulfill his obligation to nature. And, tranquility requires that one releases all that which he cannot control. But, how great of a challenge must this have been for an emperor! For Aurelius stood over a kingdom that faced continuous threats of invasion from all sides, even from within.
Marcus Aurelius lived with a radical acceptance of nature. He moved through his days with no expectations; he never struggled against his fate nor did he resign himself in self-pity if the world betrayed him. No event should be mourned or celebrated. Because the victories of today may well be the cause of our demise tomorrow. Acceptance, only acceptance. And, with acceptance you will be able to find pleasure in each thunder and lightning that befalls you. Each event, in the eyes of a wise man, is a teacher, a lesson, a chance, a sign.
Aurelius believed that life never ought to be different from what it is and so he was able to greet the future with joy and compassion. Life continues to unfold and we should rejoice in every page for it is our fate, the will of nature.
Nature is unchangeable; we must not fight against it. Fighting against that which does not fall is foolish and will only leave us with a troubled spirit. Nothing outside of yourself should have power or friction over your peace.
Leave that which you do not control in the hands of God or nature. But, for that which you do control – your soul, your emotions, your thoughts – learn to steer them in your favor. Because every man suffers a great deal in their life, but not all people pity themselves. There is a choice.
Aurelius constantly reminded himself of this message in his journal so that he could practice its wisdom in his day-to-day life. And, in doing so, he freed himself from all that which could harm the peoples of his Empire – grief, fear, anger, and anxiety. For the peace of the Empire mirrored the peace of the emperor — he was the embodiment, the great incarnation of the kingdom. Because, in an autocracy, when the emperor falls sick, so must the Empire.
“The first rule is to keep an untroubled spirit. The second is to
look things in the face and know them for what they are.”
- Marcus Aurelius, “Meditations”
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Marcus Aurelius’ work “Meditations,” written in Greek while on campaign between 170 and 180, is still revered as a literary monument to a government of service and duty. It serves as an example of how Aurelius approached the Platonic ideal of a philosopher-king and how he symbolized much of what was best about Roman civilization.”
Freely download, in PDF format, “Meditations,” by Marcus Aurelius, here:
“24 Life Lessons By An Old Greek Shepherd”
“24 Life Lessons By An Old Greek Shepherd”
by George Giotis, Greece by Greeks
1. “The road to the destination is never straight. To reach out to the winter shelter someone must take a lot of turns, travel along rough roads, suffer losses. You have to make sure that you always take food supplies with you.
2. Leave the past behind. If a wolf eats your goat, you can’t do anything about it. Just make sure that next time you will be more careful.
3. Don’t live just for saving money and don’t be stingy. Don’t postpone the tasting of joy for future times. Do it now, while you are still young. Make your hard work worth even more.
4. Struggle, fight. You are the only one in charge of yourself. Don’t be truant, don’t expect your dogs to do all the work in herding the sheep.
5. Ask for the respect you deserve, don’t let others use you as a doormat. Set limits, put up fences, protect your animals.
6. Blessed are the ones who make mistakes. Make mistakes. These are life lessons, we call these experience. Don’t forget who you were until yesterday. Start today and define with your actions who you are going to be from now on. Learn to forgive, starting with yourself. Don’t feel guilty, you have no time for that.
7. Blessed are those who doubt. Don’ t let your life be ruled by dogmas. Remember that if some people hadn’t doubted previous knowledge, mankind would have still lived in caves. Examine the information, be skeptical, think critically, think rationally, revise. You haven’t seen any fairies and ghosts in the forest, just wolves.
8. Be careful. Observe others. Look them in the eyes. Like a Greek saying, “If it is not shown in the goat, it is shown by the horn.”
9. Life is a journey, not a destination. And it is valuable. The previous word you read already belongs to the past.
10. Don’t advise the young constantly, it’s a waste of time. There is no right way to teach them pain or misery, solely experience will do that.
11. Go travel! Trips are experiences that stay with us forever. Get out, try, taste, savor images greedily. Let your senses free. Expose yourself, let it go, crumble, lose your self-control from time to time. Not just your self-control, but stop controlling others too.
12. You have been isolated enough in your winter shelter, get out. Go find your friends and companionship.
13. Do not try to control others. You condemn in anxiety and suffering not only yourself, but also those who you try to control. Let others live, and live for yourself. Leave the other flocks to their shepherds, take care of yours.
14. Life is not fair. The universe does not owe you any solace, and it is certain that at the end of the road you die. Hurry up.
15. You can be a winner. Learn from those around you. Become a child with children, play with them, but also go to the cafe and talk to the elderly. You can learn from their accumulated experience.
16. Do not take everything into account. Do not take everything seriously. You are probably overreacting today. What bothers you or you are afraid of now, most likely tomorrow will seem lukewarm or insipid. Try to see yourself from a distance, take a look at the sight of your flock from the hill.
17. Have patience. The goats do not give birth every month. But when that happens you need to be there because they need you.
18. Quarrel with your partner if necessary, it is not terrible, let the feelings be defused. Make decompression in anger. The fire is sometimes beneficial. If an area of kermes oak get burnt, spring will give again vegetation, fine food for goats and their young. Careful though, the words you say you can’t take them back. Watch what your goats eat, they don’t know how to pick. If they eat the shoots of trees, the forest cannot be created again, the place will be left bare fallow.
19. Be balanced. Enjoy the food and your drink. Do not forget that the world’s poor walk miles for their daily food while the rich walk miles to digest it.
20. There is no perfect time, the circumstances and conditions will never be ideal. Start from where you are now! Do not postpone.
21. Be polite. A smiling face reflects similar behavior. Make gifts. Even the gift of a good word is important. Behave well to the elderly, you will soon be like them. Behave well to animals, they are not mean or envious, they have no obsessions or selfishness. They forgive without limit.
22. If you know how to read, read a lot! Those who read live extra lives. Not only their own but also all of those who you have read about.
23. Be bold. The fear keeps you tied but it is not real, it just comes from the unknown which is not in your head.
24. Do not get attached to things. Life is like the path of the pastures and the shepherd’s bag. The more you fill it, the harder you will walk. Take only the necessary things with you. The flock keeps walking, it will not wait for you if you can’t move because of too many heavy things. Let them go, release them, feel more flexible and free.”
Translated by Eleni Vafeiadou
“Neuroscience Says Listening to This Song Reduces Anxiety by Up to 65 Percent”
Full screen recommended.
“Neuroscience Says Listening to This Song
Reduces Anxiety by Up to 65 Percent”
By Melanie Curtin
“Everyone knows they need to manage their stress. When things get difficult at work, school, or in your personal life, you can use as many tips, tricks, and techniques as you can get to calm your nerves. So here’s a science-backed one: make a playlist of the 10 songs found to be the most relaxing on earth. Sound therapies have long been popular as a way of relaxing and restoring one’s health. For centuries, indigenous cultures have used music to enhance well-being and improve health conditions.
Now, neuroscientists out of the UK have specified which tunes give you the most bang for your musical buck. The study was conducted on participants who attempted to solve difficult puzzles as quickly as possible while connected to sensors. The puzzles induced a certain level of stress, and participants listened to different songs while researchers measured brain activity as well as physiological states that included heart rate, blood pressure, and rate of breathing.
According to Dr. David Lewis-Hodgson of Mindlab International, which conducted the research, the top song produced a greater state of relaxation than any other music tested to date. In fact, listening to that one song- “Weightless”- resulted in a striking 65 percent reduction in participants’ overall anxiety, and a 35 percent reduction in their usual physiological resting rates. That is remarkable.
Equally remarkable is the fact the song was actually constructed to do so. The group that created “Weightless”, Marconi Union, did so in collaboration with sound therapists. Its carefully arranged harmonies, rhythms, and bass lines help slow a listener’s heart rate, reduce blood pressure and lower levels of the stress hormone cortisol.
When it comes to lowering anxiety, the stakes couldn’t be higher. Stress either exacerbates or increases the risk of health issues like heart disease, obesity, depression, gastrointestinal problems, asthma, and more. More troubling still, a recent paper out of Harvard and Stanford found health issues from job stress alone cause more deaths than diabetes, Alzheimer’s, or influenza.
In this age of constant bombardment, the science is clear: if you want your mind and body to last, you’ve got to prioritize giving them a rest. Music is an easy way to take some of the pressure off of all the pings, dings, apps, tags, texts, emails, appointments, meetings, and deadlines that can easily spike your stress level and leave you feeling drained and anxious.
Of the top track, Dr. David Lewis-Hodgson said, “‘Weightless’ was so effective, many women became drowsy and I would advise against driving while listening to the song because it could be dangerous.” So don’t drive while listening to these, but do take advantage of them:
10. “We Can Fly,” by Rue du Soleil (Café Del Mar)
9. “Canzonetta Sull’aria,” by Mozart
8. “Someone Like You,” by Adele
7. “Pure Shores,” by All Saints
6. “Please Don’t Go,” by Barcelona
5. “Strawberry Swing,” by Coldplay
4. “Watermark,” by Enya
3. “Mellomaniac (Chill Out Mix),” by DJ Shah
2. “Electra,” by Airstream
1. “Weightless,” by Marconi Union
I made a public playlist of all of them on Spotify that runs about 50 minutes (it’s also downloadable).”
"In Early 2022, Prices Will Be Going Up 20 To 25 Percent On Thousands Of Different Products"
"In Early 2022, Prices Will Be Going Up 20 To 25
Percent On Thousands Of Different Products"
by Michael Snyder
"If you think that inflation is bad now, just wait until we get into early next year. As you will see below, some of the biggest corporations in the entire country have just announced major price increases which will take effect during the first few months of 2022. So if there are some things that you want to stock up on, you may want to do it now, because your money won’t stretch as far once we get a few months down the road. I really wish that I had better news for you. I really wish that I could tell you that prices are going to level off and that economic conditions will return to normal soon. Unfortunately, the truth is that it appears that our problems will soon be accelerating.
Earlier today, I was stunned to learn that General Mills has announced that prices on “hundreds of items” will be jacked up dramatically in early 2022. In some cases, prices “will go up by around 20%”… "General Mills (GIS) notified retail customers that it’s raising prices in mid-January on hundreds of items across dozens of brands. They include Annie’s, Progresso, Yoplait, Fruit Roll-Ups, Betty Crocker, Pillsbury, Cheerios, Cinnamon Toast Crunch, Lucky Charm’s, Wheaties, Reese’s Puffs, Trix and more, according to letters General Mills sent to at least one major regional wholesale supplier last week." For some items, prices will go up by around 20% beginning next year. Ouch.
When you go to the grocery store after the holiday season is over, get ready for a case of severe sticker shock. Of course General Mills is not the only large corporation that will be doing this. According to CNN, Tyson Foods, the Kraft Heinz Company, Procter & Gamble, and Kimberly Clark have all announced significant price increases for 2022… "General Mills’ plans are the latest evidence that rising prices won’t be going away anytime soon for some of the most recognizable food and household brands. The company is the latest consumer manufacturer to announce price hikes beginning next year, joining Tyson (TSN), Kraft Heinz (KHC), Mondelez (MDLZ), Procter & Gamble (PG), Kimberly Clark (KMB) and others."
In my entire lifetime, I have never seen anything like this. Right now, a single shopping cart of food can easily run more than 250 dollars at the grocery store. Once these price increases go into effect, will it take 300 or 400 dollars to purchase a typical shopping cart full of food? Just thinking about that gives me the shivers.
Things are going to be changing at your local dollar store too. This week, it was announced that the standard price point at Dollar Tree will be moving to $1.25 “by the end of April”… "After 35 years of selling goods for a buck, Dollar Tree is boosting its standard price point to $1.25 by the end of April, the company said in a statement Tuesday. While the decision is “not a reaction to short-term or transitory market conditions,” Dollar Tree acknowledged the inflationary environment and said the price boost will help mitigate historically high costs, including freight and distribution expenses, as well as wage increases.
“Lifting the one-dollar constraint represents a monumental step for our organization,” Chief Executive Officer Michael Witynski said in the statement. The move will allow Dollar Tree to expand its product assortment and reintroduce some items that were pulled due to the $1 constraint."
It was inevitable that this day would come, but it is still very sad to see it actually happen. When I was growing up, I remember going to the “five and dime”, and in those days you could actually buy things for a nickel or a dime. Many readers may think that a 25 cent increase is not that big of a deal, but for the millions of impoverished Americans that regularly shop at dollar stores that will really add up. Suddenly moving from $1.00 to $1.25 is a 25 percent price increase, and that change will literally apply to thousands upon thousands of different products.
Inflation is rapidly eroding our standard of living, and the American people are not happy about it. In fact, Americans disapprove of the way that Joe Biden is handling this crisis by about a two to one margin… "Americans overwhelmingly disapprove of President Joe Biden’s handling of the inflation crisis (67%), according to the results from the latest CBS-YouGov Poll. There were 33% of Americans that did approve, though, which is just 11 points less than Biden’s presidential approval rating of 44% in the poll."
Biden keeps spouting lots of empty promises that make it sound like he intends to do something to combat rising inflation, but his actions show that he really doesn’t care. He keeps pushing for Congress to pass more absolutely colossal spending bills, and he just nominated Jerome Powell for a second term as the head of the Federal Reserve.
Powell and his cronies pumped trillions upon trillions of fresh dollars into the system in order to prop up the financial markets, but in the process they have unleashed a tsunami of inflation that is unlike anything we have seen since the 1970s.
And this is just the start. As I warned in both "Lost Prophecies" and "7 Year Apocalypse", eventually we are going to be facing inflation that is far, far worse than anything that we experienced back in the 1970s. But Janet Yellen continues to insist that everything will be just fine. According to Yellen, inflation will be subsiding by “the second half of next year”… “I think in the second half of next year, we’ll begin to see inflation subside and the way you’ll be able to see that is by looking at monthly inflation rates,” added Yellen, who addressed the forum virtually."
Even though she has been wrong over and over again, you can keep believing her if you want. And you can keep believing Jerome Powell, Joe Biden, “Dr. Fauci” and all the rest of them if you want. But they aren’t telling you the truth.
These are the days of the great currency meltdown that so many have been warning you about. The dollar is in the process of dying, there are shortages all over the country, our economy is being shaken in hundreds of different ways, and the worst global energy crisis in decades has suddenly erupted. Unfortunately, things are going to get even worse in 2022. So hold on tight, because a really bumpy ride is ahead of us."
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Related:
Gregory Mannarino, "Risk In This Market Is Rising RAPIDLY... This Is What You Should Do NOW"
Gregory Mannarino, AM 11/24/21:
"Risk In This Market Is Rising RAPIDLY...
This Is What You Should Do NOW"
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Related:
Charles Hugh Smith:
Tuesday, November 23, 2021
“Can The Average Consumer Survive The Next Great Depression?”
Jeremiah Babe, PM 11/23/21:
“Can The Average Consumer Survive
The Next Great Depression?”
Peak Prosperity, "On the Brink of Chaos"
Full screen recommended,
Peak Prosperity, "On the Brink of Chaos"
"Protests erupted all over Europe and in Australia over the prospect of renewed lockdowns, vaccinating children and other Covid measures. They’re fed up. I am fed up. You are fed up. The main problem? None of the measures have actually worked so far and are an incoherent mess. Instead of rethinking strategies and being more thoughtful in communicating the necessity and goals of the new approaches, many governments have instead become more dictatorial and authoritarian. This is creating even more friction within and among the citizenry.
To avoid being a ‘rat in a cage’ your first step toward freedom rests in understanding who is delivering the shocks and why."
Gerald Celente, Trends Journal; "The Covid War; The Shot Heard Round The World"
Full screen recommended.
Strong language alert!
Gerald Celente, Trends Journal;
"The Covid War; The Shot Heard Round The World"
"Welcome to this week's Trends Journal: What's going on in the world is unprecedented. How can markets keep going up under this kind of pressure? I answer this and much more during this week's new video - leave a comment below."
"Supply Chain Crisis Threatens To Trigger A Flood Of Bankruptcies As Shipping Prices Soar 500 Percent"
Full screen recommended.
"Supply Chain Crisis Threatens To Trigger A Flood Of
Bankruptcies As Shipping Prices Soar 500 Percent"
by Epic Economist
"The US retail sector is facing a supply chain nightmare before Christmas! A myriad of disruptions is threatening to derail retailers' prospects and push hundreds of thousands of businesses over the edge. The latest data is doing little to calm nerves amongst industry executives. Estimates show that due to worsening port congestion, if goods aren't off a boat by now, it's highly unlikely that they'll make it onto store shelves before the beginning of the holiday season, which may result in significantly lower profits for retailers and small businesses in the most important shopping season of the year.
The complex logistics of unloading the ships and getting their containers onto trucks that will drive them to warehouses and stores across the country means that all of the goods that are still stuck at ports won't make it to store shelves by the end of the year. Therefore, hundreds of thousands of Christmas gifts will arrive too late for the holidays, but that doesn't mean the price of those delayed goods will be any lower when they're finally on the reach of consumers. Prices will continue to rise in the near future. In fact, as of now, with Black Friday and Cyber Monday fast approaching, 70% of US retailers are warning that there will be fewer deals for shoppers by as much as 75%.
Higher shipping costs are also weighing on that equation. According to a new study released by the UN, soaring shipping prices can hike the prices of consumer goods by over 10% in 2022. Most big US retailers, such as Walmart and Target, are already struggling to ensure inventory amid the growing supply chain chaos. Executives of the industry are extremely nervous about the logistical challenges threatening the very existence of some smaller businesses that just got past the worst effects of the recession. Over the past twelve months, the cost of shipping a container from Asia to the U.S. West Coast climbed over 500%.
Experts specialized in troubled companies are warning that another massive wave of bankruptcies is looming given that financially impaired businesses are likely to experience more hardships than those that have the capacity to hire more warehouse workers, or even charter their own ship, to cope with the turbulence. And as the most important shopping season of the year approaches, this is a make-or-break time for retailers.
This year, the survival of hundreds of thousands more companies is still on the line, according to bankruptcy professionals who have been helping overly indebted businesses to reduce their balance sheet to live to fight another day. In a recent Bloomberg piece, they said that the current supply chain challenges mean that many of these companies will be gone over the next 18 to 24 months.
And, unfortunately, a new analysis published by the spend management specialist, Coupa, is making everyone in the sector even more nervous. The study found that US retailers must brace for revenue losses as high as 20 percent due to worsening supply chain issues. Over the past 18 months, retailers already recorded $68 billion in losses. Now, at least two-thirds, or nearly 63 percent, of retailers are concerned that the current disruptions will hit Christmas revenues and generate more painful losses ahead.
Some of the drop in revenue is happening because inventory remains unavailable, but thousands of products never make it to the stores or warehouses because they get stolen at ports. Delivery delays are actually giving thieves opportunities to steal from containers. "Thieves are targeting electronics and household goods," according to CargoNet, which tracks supply chain thefts.
From January to September this year, roughly $45 million in cargo thefts were reported. In 2020, over $68 million worth of goods were stolen. As winter approaches and surveillance becomes more sparse, CargoNet said it expects theft to remain elevated into the final quarter of this year and into early 2022.
So you should prepare accordingly because the shortages and price increases we've experienced so far are just a hint of the devastating crisis we will be facing this winter. When it comes to 2022, you should prepare for the worst before things spin out of control, especially when considering that our economy and essentially all of our other important systems are falling apart all around us. Things are only going to get harder from this point forward, and our society is about to be crushed by a crisis most people are totally unprepared for."
"A Look to the Heavens"
"Braided and serpentine filaments of glowing gas suggest this nebula's popular name, The Medusa Nebula. Also known as Abell 21, this Medusa is an old planetary nebula some 1,500 light-years away in the constellation Gemini. Like its mythological namesake, the nebula is associated with a dramatic transformation. The planetary nebula phase represents a final stage in the evolution of low mass stars like the sun as they transform themselves from red giants to hot white dwarf stars and in the process shrug off their outer layers. Ultraviolet radiation from the hot star powers the nebular glow.
The Medusa's transforming star is the faint one near the center of the overall bright crescent shape. In this deep telescopic view, fainter filaments clearly extend above and right of the bright crescent region. The Medusa Nebula is estimated to be over 4 light-years across."
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