UrbanSurvival’s roots, as you know, go back to 1997 when I was finishing a distance-learning MBA. As a result, we evolved a steely eye toward whatever the present “economic fairytale” might be.
In the tradition of Fractured Fairytales, we’re stuck this morning in the sad case of Made-Up Markets. The (not really) Federal Reserve is buying things up. The money supply is at least 26% higher than a year ago. And with Slow Joe and the Kammunist opening borders and planning to raise taxes on us hostages, the end game is clear:
There is a method to their madness, though: Around here, we call it “Synthetic Growth.”
Understand this point clearly and it’s the keys to the kingdom: While the U.S. has harnessed the most powerful economic engine in history, it’s like a turbine that requires a minimum load on it at all times. Otherwise, it will speed up until it falls apart.
Sort of like, oh…NOW.
The Negative Growth Problem
Normalcy bias keeps you from seeing the cold reality of our plight. Remember Cyprus? Financial collapse of Greece before that? Italy’s close call? Solution: Open the doors, bring in problems. Make people who had solved most of them, start over with an even-bigger set of problems.
In America, we are incapable of calling-out the (literally) bankrupt economic policies of the Pelosi and her Razor-wire Rowdies. As the Bangor Daily News reported Sunday. last week’s “Deadly breach could delay removal of Capitol fencing.” We expected better from Junta Joe, but don’t be surprised.
With the fix in on the markets and with the human wave at the border at 15-year highs, the next stage in SynGrowth will be upping spending and raising taxes.
Why, if there’s enough economic change underway, surely the bobbleheads of socialist media will mistake it for progress. It won’t be, but they’re not woke enough to join the adults in the room looking aghast.
- The first step in the new phase is for a massive spending and “infrastructure” plan. Since Biden is reading from the Obama teleprompter. we heard the wet dream articulated last week.
- The Rip Van Winkle party (sleepy republicans) are stirring a bit: “GOP seeks to pull back curtain on Biden tax shelter ‘hypocrisy’. Which Fox sees melodramatically as “‘Hypocrisy’ claim could foreshadow what Republicans include in oversight agenda if they flip House in 2022.” On what planet? The fix is in! It’s who counts the votes. And it’s which corporate media hid the Hunter laptop story before the election?
- One good thing that could come out of this? The broken aspects of the U.S. tax code. As the Washington Post reports today: “Dozens of America’s biggest businesses paid no federal income tax — again.” No one will go to jail over this, of course. Because the Tax Code is too complicated for any one person to totally comprehend. It’s a mishmash of favoritism. Auctioned off by two corrupt parties.
- So, the solution, says
Inter-planetJanet Yellen is to roll out a Global Minimum Tax. The risk in Gringoville is that with a top corporate rate of 21 percent now, and Slow Joe pitching a 28% rate to fund his $2-trillion in wet-dream spending fantasy, any sane CEO would scram Norte land pronto. Why gamble at Uncle’s casino with so many offshore option? Like Belize, Cayman Islands, Turks, Isle of Mann, the A-B-C Islands, or even Ireland.
Which is why – and I hate to break the news to you – in the blow-up of all this, governments will be forced to make cryptos illegal specifically because they are “tax resistant.” Gold and silver were BOTH “called” by the FedGov in the last Depression. No way will sovereign cryptos survive. Governmentize the Tulips. Back in February, Yellen told the “woke with memories” “Yellen sounds warning about ‘extremely inefficient’ bitcoin.” “Inefficient” means beyond tax enforcement. Following?
When the several trillion worth of cryptocons blow-up, since the U.S. government doesn’t have any incentive to recognize them, interest in digital tulips will pass. And “self-taxing money” (which is easy if you have Provo and design the federal crypto…) is here.
Leaving the only sane option the holding real things and seizing the means of production. This overlooked Marxian misstep then appears as the obvious flaw in creeping kammunism.
Why sure! May be a colder future is ahead. Consider the long-term view from NOAA Space Weather:
In the historical view, global warming may be irrelevant (except as a crowd control tool). Because Cycle 25 outlooks are now calling for a peak sunspot period along the lines of 1805, or so.
As one leading Russian astrophysicist sees it, we humans have a serious problem looming if the peak of Cycle 26 doesn’t grow a pair:
The problem is food collapse. Around solar minima, food output drops – especially anything blooming for a living – and the foods that work are the cold weather crops like cabbage and woody veggies like broccoli. Back-up woodstove planning for the heirs?
Wave II, we think (though some call it 3, others call it 4…) of the Pandemic will commence the new sport of Office Yo-Yo. As the NY Times reports What Some Companies Are Saying About Back-to-Office Plans. we foresee a fits and starts mashup. Safe bet for now: The Pandemic changed everything.
Not About Safety or Public Health? Try money as “Delta temporarily opens middle seats in response to flight cancelations.
In the Middle East, Jordon – once a stable place – is rocked by Jordan’s Prince Hamzah vows to defy ‘house arrest’ orders. Revolution among the royals?
Near by Dubai Don’t: Russian Women Arrested Over Dubai Nude Balcony Photoshoot – RIA – The Moscow Times report.
Flee Social Media while you can! Cyber experts: Half a billion Facebook users’ information posted on hacking website. Ure took the “no social” for UrbanSurvival from the ground up. Calling social media a crooked business model. Cost us dearly, but here we are (as usual) right in the long term. Which is what matters…
More on digital screwing? As “Dating websites look to woo Wall Street investors. Greater fools all around…
Barkley’s Truth Leak
Alas, will the Mainstream give it its due? No, of course not, but in a final four comment, NBA great Charles Barkley nails the modern plight:
“Man, I think most white people and black people are great people. I really believe that in my heart. But, our system is set up where our politicians, whether they’re Republicans or Democrats, are designed to make us not like each other so they can keep their grasp of money and power.
They divide and conquer.
“Hey, let’s make these people not like each other. We don’t live in their neighborhoods, we all got money, let’s make the whites and blacks not like each other, let’s make rich people and poor people not like each other, let’s scramble the middle class.”
By God, he’s got it. See the whole Twit clip here.
Charles Barkley for President, anyone?
Dow futures up 242. How could they not be? This is a fairytale, remember?
Write when you get rich,