I don’t want to sound too flip here, but the news flow lately has been a real grinder. We are in a war, failing countries are a world-wide deal, and few want to address the underlying malaise on humanity.
Which comes down to a short list:
- There are nearly as many bad people as good folks, anymore.
- We got here because lawyers and government got into the business of “winning” rather than doing “justice.”
- Similarly, governments worldwide have been into “making the books work” by turning debt into fiat money. It works in the short term, but in the long term it all blows up and currencies fail.
- When they do, countries attempt to secure their borders (plus a little elbow room) [like Russia and Ukraine], or they negligently abandon real borders pretending an unchecked influx of illegals and OTMs will somehow “fix” things by expanding demand…which is the US approach which has screwed up Europe which did the same thing some years back…
It’s not that we live in a failing nation, so much as we live in a failing world.
Pretending socialist bullshit – remarketed as “woke” and making up new industries like “Climate” and “Gender” and “Race 2.0” will somehow cover-up the reality of declining resources on a per capita basis with 8 billion people all wanting more than the other guy is LUDICROUS.
But, this is where we kick off from today. Just, please, let’s not kid ourselves.
Slow on the Go
The “funneled upstream to Pops” the “pass-through guy” is playing at being President. NATO isn’t defending Europe; it’s attempting to expand. Pissing off Russia. Cue the nukes later this year. If you can’t see it coming, its either time for an Evelynn Woods class or a trip to the eye doctor…
Repeat after me: “Everthing is a Business Model.”
Balance of Payments
Yeah, this is sure dandy:
Move over Australia! *(Yeah, reader Len, too!) America is the new Land Down Under.
Here’s what is going on in background:
The Fed H.6 Money Stocks report out earlier this week says the monetary base expansion (making up money) has slowed. The year-on-year pedal to the metal is easing. That means new stock market highs are not likely based on “easy money.”
BUT, have this in mind, remember that a few metrics (price-to-book, for one) do improve a little bit when inflation comes along. This is because the break-up values of companies goes up when plant and equipment (replacement) prices scream higher.
Your best hope to really get ahead in the world – which we’ve been promoting for more than 20-years on this site and Peoplenomics – is to unwind from the economic system as much as you can. Own your life outright. With a paid-for home (maybe not the dream digs, but still, yours) it doesn’t matter what home prices do. Own your own damn roof.
Same thing with cars, consumer goods – everything we buy we own free and clear with the exception of health. And Medicare Advantage plans that cover 100% of big ticket medical issues reduce your risk on that score, too.
Make a modest income, stay off the radar, put the ego on hold by unlinking social media…why in no time, you’re free and able to pursue a reasonable life.
With two political parties – Tweedle-Dee and Tweedle-Dumb, the fantastical financial fraud industries (those “newgen” made ups listed) can pass you by. Imagine being able to let the world pass you by unless it has some real benefit to offer.
A Side Story
Somehow, Elaine and I came up with a cool idea for something we call “The Dolphin Bar.” We love tinkering with our home, a kind of crazy-people’s version of imagineering, right?
So now we’re into exploring foam carving. And there are some DANDY videos on YouTube about how to do it.
Point is, we WANT something in our lives, and so YouTube is THE premier place to learn almost anything in life. (Jordan Peterson is good on the people side, for example).
Given the choice between $19.95 for another LBGTQ-pandering movie on pay TV or FREE ((with ads) course on how to foam-carve huge life-sized animals to make our own Jurassic Interior, which one do you pick?
People make dumb choices all the time. “Mining the Miners” it’s called.
Sorry for the rant…we return to the plate of information ambergris now…
Just remember – and don’t lose too much sleep over this – Durable – like so many other government reports – are dollarized. So, when the Fed lightens the foot on the making up money gas pedal a bit, the rate of increase in (imaginary) increases in durables changes for the worse.
Regardless of today, we don’s measure “pounds of new car” or “NUMBER of widgets” sold. Instead, we use made up money as a proxy.
The really weird part of life measured by money alone? Money is a terrible metric. I know millionaires who are assholes and paupers who are Gandi-like. Therefore, when we live with a government that can’t even measure quality of Life and report that on an honest basis? Well, just leaves me shaking my head… The moneychangers own government, so we get what we’ll stand for.
The usual “There was no defined season between three weeks ago and today” – which is why you can shitcan the weekly U.I. filings claims, except for the NSA (not seasonally adjusted) numbers:
Lots of jobs out there. America remains ill of spirit, though. Having allowed itself to be dominated by “Causes” instead of “Dreams and Higher Aspirations.” Our own doing. OK, pre-programmed by the woke wreckage in Education, then.
“Bit salty this morning are you, G?”
Been up since 3 AM working on my next book “Ancient Children” and yeah, a lot of very heavy material about government and aging weighs. Thanks for asking. Other items too, which we’ll get to when we…
Clear the Decks!
Here is some of the daily programming being applied.
They’re still monetizing Trump Hate like crazy. “But, as our back-up consigliere says “By all means, let us substitute the opinion of an embittered prosecutor for a jury verdict. Classic Democratic character assassination.”
But here’s a counter-attack Democrats won’t like: Florida becomes largest state to mandate personal finance education. “Professional Victims” is not a protected class.
Dems are not fools, though (crooks and charlatans, sure). They want to double down on giving away YOUR money: Democrats push for $300 a month checks to help Americans struggling to pay for sky-high gas prices.
Mask-or-aid times just ahead: Airlines ask Biden to drop mask mandate and testing requirements for travelers.
Just slightly out of touch with workplace reality, are we? State Lawmaker Says Pennsylvania Should Move To 4-Day, 32-Hour Workweek. Um…ever see how much phone and social time is logged at work? Holy crap! America’s on a 20-hour workweek for the most part. We’re just lying about the rest of our time at work.
Out here? Sanity in the woods. More people are catching on: In 1st full year of pandemic, biggest metros lost residents. We got here in 2003, a bit ahead of things as usual. If you like muggings, 2-thousand mile “health food” instead of your own gun range and home-grown veggies, just stay where you are. Ignore the subtleties of Shanghai Residents Can’t Buy Vegetables as Lockdowns Spread. I may be a nutter in the woods, but the MERV-8 air filtration system for the garden room is on tap for this weekend. If you hated Covid, you’ll hate fallout.
Heathcare alternatives Dept. Breakthrough as male pill is 99 per cent effective in preventing pregnancy. Something else I found incredibly effective? A half million dollar divorce bill a few decades back… Limp wallet disease followed.
Redefinition of the times: Remember when “squatters” were a bad thing? Well, now in the hyperclownplex world The Power of the Squat. This may not impact you, if ‘specially if you don’t know squat.
ATR: Prayers Please
A few prayers if you would today, please. Got an email from my buddy Ther Major, who with Mrs. Major was down in Mexico for some well-deserved vacation time.
Just before the trip, she has passed out (a super healthcare doc) she’d just done a 24-hour shift before heading out down south of the border…. The Major’s email continues from there…
“Last Wednesday evening down at the resort in Mexico, she started throwing up for about four hours after we’d had some seafood with clams. We initially thought it might be food poisoning, but it was not. From that evening on until Sunday the 20th, she was pretty much in bed taking fluids, but barely eating anything. We finally admitted her to an excellent hospital where she had an emergency laparoscopic appendectomy, with the surgeon saying her appendix had not only ruptured, but that it had “exploded”. She’s doing better now, has been on IV antibiotics since Sunday night after the surgery in the hospital and will hopefully be “cleared” for travel on Friday. Please pray 1) for both of our Covid tests today on Thursday evening to be “Negative” for flying home on Friday and that 2) her pain level flying home is manageable. We really appreciate your prayers and good thoughts…”
As I have told you many times, there is some evidence in (quantum) physics that the specific mechanism of prayer is a widely-held expectation of a coming observable event.
So, if you can, please send along a few prayers (expectations of good outcomes) for Mr. and Mrs. Thank You for Your Service. (*She was a Captain…)
Write when you get rich, but we all are – in nonmonetary ways…