We want to hand out the gold star for today’s class session to reader JRN who (going from memory) is up in one of the square states. He was asking about the market dump Thursday. “Was (today) the first chapter of a serialized Minsky moment?”
Let’s begin by letting off some tension. Market futures were up early. DCB (dead cat bounce) is the informal name for it. Which gets us to names—and to this Minsky fellow, whom Wikipedia describes this way:
“The term was coined by Paul McCulley of PIMCO in 1998, to describe the 1998 Russian financial crisis,[2] and was named after economist Hyman Minsky, who noted that bankers, traders, and other financiers periodically played the role of arsonists, setting the entire economy ablaze.[4] Minsky opposed the deregulation that characterized the 1980s.”
The Vital Three-Part Answer
Since JRN is a Peoplenomics subscriber (and has been with us for more than a decade, in fact) I want to give him a complete answer. You get to read along – on the house – because we are likely rolling into historical times.
Answer #1:
What Minsky Missed: Having walked around with a small international jet airline’s financial model in my head for a couple of years, I think there’s something Minsky (and believers) missed. That is under Elliott, OBV, and other market disciplines, the number of “definable moments” varies based on the scale (think zoom-level) of the data you’re considering.
The “correctness of the zoom-level” is why I wrote What is the “Ebbinghaus-Ure Correlation”?
The bullet points go like this:
- Ebbinghaus was an early quantifier of time and forgetfulness.
- Markets demonstrably forget their previous bubbles.
- Ure extended Ebbinghaus’ hard data into economics as a “bubble delimiter or cofactor.”
- In the calculation process, Ure stumbled over coherence measures in markets.
- This dovetails with our Aggregate Index work.
Minsky was directionally right, but his “moment” is partly an artifact of zoom level: what looks like one sudden failure on a monthly chart may be a whole serialized collapse when viewed day by day. Give me the zoom level and I can make damn near any market event look like one moment—or a whole serial.
So, that’s the first answer: Minsky was sort of right. But as “closeness of fit” goes, it’s sloppy. Minsky didn’t address the core criticality problem in markets: Where did you begin counting—and why there? Ebbinghaus-Ure offers a data-driven method for selecting the zoom level. That will be the subject of an upcoming Peoplenomics paper.
Answer #2: Market Coherence is Developing
Two paths into Future are solidifying. Bouncing down stairs or pushed off the roof. To understand this, my method of pulling predicted future from a succession of moving averages of a market index (or individual asset) may be applied. Here, we offer a view of (sequential) moving averages over time.
Obviously, the “safest” time to invest is in the “coherence zone” shown above. That is when regular expectations are well-anchored and the direction of the elevator is clear. Now, look at the extreme right of the chart: it begins to appear that downward coherence is evolving. Whether that downward coherence strengthens or breaks should become clearer in coming days.
Which circles back to?
Answer #3: Flag Bagged
On the Peoplenomics side, we have been pondering the “terminal phase of hype” for many months. Because the seemingly endless supply of “good news” always runs out. Always.
In the blood-money sport of finance—and particularly in my dog-eared copy of Technical Analysis of Stock Trends (7th edition; the 11th is now current)—our recent debate has centered on whether this cycle would terminate in a blow-off top or in a continuation of the collapse propagating outward from the tech sector.
When what was sketched as a possible pennant blew up this week, our “next stops” have come into view:
As seen, the 85 DMA is toast which tees up successively lower targets such as the 100- and 200-day moving averages.
More problematic (if you have followed our problemology framework) is there’s little reliable way to estimate bounces. Elliott provides for this with a series of “soft rules” and these run from around 18 percent bounces to 100 percent bounces.
That said, additional targets can be inferred depending on which of the moving average support lines marks the turn.
Looking Ahead, Then?
The immediate problem is “Where’s the turn?” I would refer JRN to the older (dustier) sections of the Peoplenomics Master Indexes. Here, there’s an old tool called the BtrainAmp.xlsx and it provides “quick reality checks” that MAY bound arriving Future.
From a pure Elliott perspective (whatever that is), we can consider the decline Wednesday as a possible first wave down of the larger wave 3 down.
On the planning horizon (some prefer dance card) we can:
- Complete a totally violent decline to the 200 DMA.
- Once there, we could have a manic rally into Labor Day.
- We therefore cannot totally dismiss a complete “bottom falling out” for two or three weeks.
However, it’s more complicated than that. From the still-standing all-time high, we appear to have completed Elliott 1 down and a complex Elliott 2 up. If Wednesday gave us Elliott 3(1) down and today’s rally is Elliott 3(2) up, the remaining washout sequence should involve 3(3) down, 3(4) up and 3(5) down. That would complete the larger Wave 3 and could set up a manic false-peace Wave 4 rally toward the 200-, 100-, or 85-DMA around Labor Day—followed by a final Wave 5 down. We have marked the general range where that false-peace rally might occur.
And under Elliott, Wave 5 down may extend. Geopolitics could supply the excuse—including the nuclear kind. A nuclear escalation could accompany the bottom of Wave 3, trigger the Wave 4 reversal, or extend Wave 5. Elliott does not predict the event; it only suggests where the event might fit. Gee, feeling better already, huh?
NONE OF THIS IS FINANCIAL ADVICE. Living a successful life goes way beyond how much paper (or secret numbers of crypto) you collect. Which is why a few people (like JRN) see the benefit of $40/year for Peoplenomics.
We are all “world observers” existing inside what may be an EarthSim. Our purpose (riding this life ride) is to play “the game of life well” and record what we see. Toward that end, we focus on alignment of inner, outer, and financial coherence. Which seems the worthy task.
We now return to the more plebe-oriented data piles.
Stack 3: GDP, Personal Inc., Jobless Filings
Thought compression hint: These should not rock your soul. These are snow poles for your thinking so you don’t fall over the edge of the mountains of despair:
GDP:
Real gross domestic product (GDP) increased at an annual rate of 1.5 percent in the second quarter of 2026 (April, May, and June), according to the advance estimate released today by the U.S. Bureau of Economic Analysis (BEA). In the first quarter, real GDP increased 2.1 percent. The contributors to the increase in real GDP in the second quarter were increases in consumer spending, investment, and exports that were partly offset by a decrease in government spending. Imports, which are a subtraction in the calculation of GDP, increased.
Personal Income
Personal income increased $54.9 billion (0.2 percent at a monthly rate) in June, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)—personal income less personal current taxes—increased $48.3 billion (0.2 percent), and personal consumption expenditures (PCE) increased $65.2 billion (0.3 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $70.0 billion in June. Personal saving was $646.1 billion in June, and the personal saving rate—personal saving as a percentage of DPI—was 2.7 percent.
They can really tell ’em, huh?
At the Unemployment Office:
News Compressor: ON
What changed overnight is a renewed escalation in the ongoing US-Iran conflict. After Iran launched ballistic missiles at the Muwaffaq Salti Air Base in Jordan (intercepted with no reported US casualties), the US conducted a heavy wave of airstrikes on Iranian Revolutionary Guard targets including command centers, missile and drone facilities, and coastal sites such as Qeshm Island. Iranian state media reported three killed and two wounded on Qeshm.
An Iranian strike hit a Chinese firm’s building in Kuwait, killing one worker. The US and Saudi Arabia struck Iran-backed militias in Iraq, with reports of at least 20 fighters and several Iranian advisers killed. Drone-related fires were reported on natural gas vessels at Egypt’s Damietta port. Strait of Hormuz disruptions continue to pressure energy markets.
Ukraine claimed overnight long-range strikes on two major Russian oil refineries (Perm and Ryazan regions) hours after a Zelenskyy-Trump meeting. Russian strikes killed at least eight civilians in Ukraine.
Extreme heat warnings expanded in the US West and South; flash flooding hit Colorado burn scars with property damage but no confirmed fatalities in initial reports.
Fauci invoked the Fifth Amendment repeatedly in Senate testimony”
Quality of government is looking more and more immoveable.
Around the Ranch: Selectric Adventure XX
OK – we thought we were done.
If you’re tuning in late? Bought Elaine an old IBM Selectric which she loved during her U.S. Army hitch as an MC/ST Specialist.
Bought it on July 6th. Ran out of patience July 24th. Got the Refund. And the package (still, today) shows as:
EXCEPT – and this is where the Twilight Zone theme fades up: No one came to the house Friday and no one came yesterday, either.
BUT there was a “re”(scrawled in by hand) Delivery attempt.
So, after breakfast, off to town to find out if there’s actually a box there or if these people are failing drug testing, or what? How could they leave a delivery notice in Denver and it shows up in my mailbox Wednesday?
OK, stumped, I’m also trying to figure out how USPS delivers anything because I have never met a person who lives inside their mailbox! There is usually a house around!!!
Be sure and drop by tomorrow. I’m anxious to learn if it is actually here.
Honesty Test
A couple of people have said “Well, looks like you got a free Selectric.”
Well, no. Yes – for now there is a Selectric – bilocating in Denver and Palestine, TX but I am honest to a fault. If the machine is here and IF after bouncing around the countryside it still works, THEN I will insist that I pay eBay and that they, in turn, pay the seller.
Because that’s where a lot of people twist up their karma. By accepting “lucky gains.” OK, works in a casino, but these are all real people with real stakes in life. I have a habit of never accepting unearned rewards. To accept them would be DISHONEST.
And that gets to a core values discussion, but good luck finding anyone to talk about it with. Because we live in a world where core values (not accepting unearned reward) tainting the pure spirit of a being is somehow OK.
Just to be clear, if I enter a lottery, I keep the winnings. PowerBall? Keep. Free Selectric? Nope, I have a duty to honesty.
Good luck finding someone to kick the concept around with. “Guy must be an idiot!”
Nope. Just honest.
To really understand honesty, see the 2013 column Coping: With “Freedom” and Hells on Wheels. Or use the family “pocket definition.”
“An honest person is one who respects the goods of others even when no one is looking.”
Write when you get rich,
George@Ure.net
aaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhhhhhhaaaaaaaaaaaaaaaaaaaaaaaa!!!!!! have fun !!!!!!!!!!!!!! better than a circus . do they look at the camera and laugh on CNBCCCUSSSA . kick it good . paint it up georgey . never thought id be thrown into the greatest gin joint in USSA in texas
a few questions on can kickin . do you attend a school or university to get educated ? do you receive a degree or diploma ? is the pay good ? who do you work for ie who pays you ? are there any tests for character , integrity or religious beliefs? is their a secret code amongst can kickers ? like a sect or cult? could be a good book G . easy guide to can kickin . best seller
Speaking of…. Does it take a GED to figure out the following was going to happen – and will get worse? Bring back the iron lung!
“The United States has recorded 2,318 confirmed measles cases in 2026 as of July 23, surpassing the 2,289 total cases from 2025 and reaching a 35-year high due to declining vaccination rates.”
the Prophet Jeremiah never went to Highschool and he prophesied the destruction of Ai 2600 years before it was invented.
Jeremiah 49:3
“Wail, Heshbon, for Ai is destroyed!
Cry out, you inhabitants of Rabbah!
Put on sackcloth and mourn;
rush here and there inside the walls,
for Molek will go into exile,
together with his priests and officials.”
the Word of God is eternal, meaning many things simutaiously. it is timeless, calculated and without error.
I Win with God within ~
[Ure coughs, glances at student] Howdy young feller! There’s a wee bit of a problem because he (Pr. Jeremiah) was speaking in the real-time about a battle, In biblical scholarly works///
Wail, O Heshbon [in Moab, just south of Ammon], for Ai [in Ammon] is laid waste!
In a quick reread of the web:
Ai, a city mentioned in the Old Testament, is primarily known for its association with the Israelites during their conquest of Canaan under Joshua’s leadership. However, it is important to distinguish between the Ai of the Canaanites and any potential references to Ai in the context of the Ammonites, as the latter is less explicitly detailed in the biblical narrative.
Biblical References and Historical Context
The most prominent mention of Ai is found in the Book of Joshua, where it is described as a Canaanite city. Joshua 7-8 details the initial defeat and subsequent victory of the Israelites over Ai. The city was strategically significant due to its location near Bethel and its role in the central highlands of Canaan. The narrative emphasizes the importance of obedience to God, as the initial defeat was attributed to Achan’s sin, which violated the divine command regarding the spoils of Jericho.
While the Bible does not explicitly label Ai as a city of the Ammonites, the Ammonites themselves are frequently mentioned throughout the Old Testament. The Ammonites were descendants of Lot, Abraham’s nephew, and often found themselves in conflict with the Israelites. They inhabited the region east of the Jordan River, in what is now modern-day Jordan.
Cultural and Theological Significance
Theologically, Ai serves as a symbol of both judgment and redemption. The initial defeat of the Israelites at Ai underscores the consequences of disobedience to God’s commands. Conversely, the subsequent victory, achieved through adherence to divine instructions, highlights the theme of restoration and the importance of faithfulness to God.
The Ammonites, as a people group, are often depicted as adversaries of Israel. They worshiped gods such as Milcom and Molech, practices that were abhorred by the Israelites. The biblical narrative frequently portrays the Ammonites as a cautionary example of the dangers of idolatry and moral corruption.
Archaeological Insights
Archaeological efforts have sought to identify the location of Ai, with some scholars proposing et-Tell as a possible site. However, the identification remains debated, and the connection to the Ammonites is not directly supported by archaeological evidence. The lack of explicit biblical references to Ai as an Ammonite city further complicates this association.
Conclusion
While Ai is primarily recognized as a Canaanite city in the biblical account, its broader cultural and theological implications extend to the understanding of Israel’s interactions with surrounding nations, including the Ammonites. The narrative of Ai serves as a testament to the themes of obedience, judgment, and redemption that permeate the Old Testament.
Nave’s Topical Index
Jeremiah 49:3
Howl, O Heshbon, for Ai is spoiled: cry, you daughters of Rabbah, gird you with sackcloth; lament, and run to and fro by the hedges; for their king shall go into captivity, and his priests and his princes together.
This is not to say it isn’t a reference, but only that it’s hard to call it “a lock.”
(Ure glances around, not wanting to offend a fine human and fellow seeker…esp. one on shore leave)
[embarrassed, Ure smiles and reporst:] “So, young feller, Ai had cooling problems then and now, huh?”
The shorter reply for the lazy: Biblical Ai gets sacked and burned; modern AI keeps overheating and needing more and more cooling. Same name, same basic problem: the system runs too hot and eventually collapses under its own heat. Jeremiah got it – we get it.
Ai – Dumb & Dumber
..https://youtu.be/wUebgaTjVQ4?
‘Good to see you’re still alive, sonny…
i knew you were going to say that.
this is today. and the rest of that prophecy is unfolding before your very eyes.
Jeremiah 48 verse 35 to 39
See, I will break the bow of Elam,
the mainstay of their might.
36 I will bring against Elam the four winds
from the four quarters of heaven;
I will scatter them to the four winds,
and there will not be a nation
where Elam’s exiles do not go.
37 I will shatter Elam before their foes,
before those who want to kill them;
I will bring disaster on them,
even my fierce anger,”
declares the Lord.
“I will pursue them with the sword
until I have made an end of them.
38 I will set my throne in Elam
and destroy her king and officials,”
declares the Lord.
39 “Yet I will restore the fortunes of Elam
in days to come,”
declares the Lord
You do know Elam is Modern Day Iran.
Who is the Throne of the Lord? The Christians. lol
You ever say anything that has multiple meanings George? or is a screw just always screw?
lol
you might have missed the part of Bible Study that says, “Gods Word is the same today as it was yesterday and tomorrow, forever.”
I Win with God within.
but what do i know George. im just a young man trying to figure out what to wear when i take selfies in Antartca in February. a place where only 0.003% of the modern worlds population has ever been.
and all i did was mow my lawn.
Ure the old and wise Hermit that lives in the woods trying to figure out life after shop talk.
:)
have a wonderful day.
remember George, A spiral can be seen as a circle, a wave, a flower, a door, a life (DNA), a frequency and even a screw. it is only in added dimension that it can viewed properly.
you ask any master mason and he will tell you Moses wrote Psalm 91 and its found right there on the back of every dollar bill. in God we Trust. including the shield and arrows, the division between egypt and the promis land. plsam 91 right there on every dollar bill.
Hi Ray!!! why wouldnt i be? oh the red head. yeah well she hasnt fucked me to death yet. not for a lack of trying tho. i do aplaud her tenasity and effort. she brings her A game. every time.
life has never been better.
been feeding fortune every day. he keeps getting healthier and healthier. i was sitting out there having a smoke yesterday he came right up to me and hopped right up on my lap like we are best friends meow!
you know, the identical cat from the Wheel of Fortune card i found who showed up at my doorstep. the people who lived there before left him behind. so we named him fortune and whatever you feed grows as the saying goes.
I Win with God within.
I obviously missed something when i read all the books.. the bible as we know it is incomplete..edited to project what they wanted to project as a whole..the only bible i know of that is more complete is the Ethiopian bible even there I doubt its the whole of what has been written and lost to time…The Bible speaks in patterns, principles, and human truths that echo across every generation. But it doesn’t name future inventions or modern technology. When people try to force today’s ideas into ancient verses, they’re doing interpretive gymnastics — stretching a single line like taffy instead of looking at the whole message….instead of looking at the whole..this is where our biblical faith varies from other countries..I call it one verse theology — when someone grabs a single verse and builds an entire belief out of it, instead of taking in the whole message. Other faith traditions look at the full story, the full pattern, the full context. But when someone reads their own ideas into the text instead of pulling meaning out of the one verse, that’s eisegesis. And eisegesis is what leads to extremes… like isis
The Bible wasn’t written to be sliced into isolated lines. It speaks in patterns, principles, and human truths that echo across time. When people ignore the whole and cling to one verse, they end up stretching scripture into something it was never meant to say….
And no one can name a date or time in biblical prophecy. Every prophet throughout history makes that clear. The signs matter, the lessons matter, the patterns matter — but the exact timing is never given… no man will know the day date or time.. That’s why context is everything. A verse without the whole story can say anything, but the full picture always brings the truth back into focus.
Ask any master mason..
This is just my thoughts on the different groups…….
My grandfather was in the Masonic Scottish Rite Templar order. Back then, groups like the Masons, Lions Club, Shriners, and others weren’t mysterious — they were community. Before digital entertainment, these organizations were how people connected, supported each other, built friendships, and served their towns. The symbols seem mystical today, but in their time they were simply part of a social world where neighbors actually knew each other…. back then it was neighbors getting together for community..
These organizations brought neighbors together, offered support, created friendships, and gave people a sense of belonging. Today they seem mysterious, but back then they were simply the social glue of everyday life. Screens replaced community halls, but the need for connection never went away…today we have facebook..
now I won’t ever tell my siblings that I have his ceremonial swords or daycare lol lol lol..they would be on me to get them lol.. although my grandson was looking at one in the hall for the Halloween party last year and I said when he gets older..I will pass it off to him to hang on a wall along with the cool feather hat..somewhere around here there’s amed ad l he had to..I use to use it as a keychain lol..
Dagger.. not daycare lol lol
Lol lol…Lol ok… let me put on my swammy hat, wave my hands over the crystal ball, and summon the ancient spirits… shala?mon, shala?mon… the prophecy is forming…
I hereby predict October 15th at 3:00 AM, 2026! will be the big day lol
https://youtu.be/XtCesqVV4fY?si=qpWEOMOa0pOmuBkT
https://youtu.be/ayUJcr6C88g?si=WQ9rpR6yuBbTJBbx
Even though Jeremiah was speaking about a real city in his own day, and historical context can’t be ignored. I also believe Scripture can have more than one layer of significance.
Ancient Ai was Canaan, widely known to be idolatrous and rebels against God. Today, many people are place a lot of hope, trust, and reverence in AI. They expect technology can solve humanity’s deepest problems. In that sense, AI can become a modern form of idolatry.
The destruction of Ai is a pattern that a systems built on false gods ultimately falls. Whether the idols are carved from wood and stone or they’re built using silicon and code, the biblical warning still applies.
“reaching a 35-year high due to declining vaccination rates.”
Fixed that for you:
reaching a 35-year high due to the import of 20 million unvetted illegal aliens.
-He who cannot recognize the source of a problem has no chance of ever solving one.
Follow the script R, blame everything on immigrants (you are one).
Fixed it for you, cases rose due to no vaccinations, not national origins.
https://ourworldindata.org/grapher/measles-cases-and-death?time=earliest..2025
U.S. had 12k Measles deaths in 1919. By using vaccines and isolation, cases and deaths dropped to zero, after 1963.
Round up the kids. Measles parties for natural immunity. That’s what they did when I was a kid. I had measles twice… two consecutive years during grade school Christmas vacation. I was pissed!
“Real children grow up to be REAL MEN & WOMEN.” The Mennonites and Amish around Pennsyltucky still treat Virus in the community the same way – Virus Party’s.
Born in 62, I grew up in fear of that Measles party threat. Free/Play Time was too precious to be wasted on group immunity “partys” ..F that noise.
Did get the Mumps – that kinda sucked, so did kid next door. Chicken Pox also F-ed me up for a week or so.
So when I saw the Shingles Vax was made from the bark of a specific south american tree – I signed up, during Covert19. 1st of 2 was nasty, second one barley registered.
The Iron lung was for polio… not measles.
“But what do I know, George — I’m just a young man trying to figure out what to wear when I take selfies in Antarctica in February.”
And Andy, even though you’re the same age as my kids, you’re officially over the hill now. The magic mirror from Snow White has a funny rule…..it always shows the person looking into it as their past self… but the older you get, the more the reflection starts resembling your father…..
That’s the trick of time — the mirror lies kindly, but life tells the truth… One day you’re young, the next day you’re squinting at your own reflection wondering when your dad snuck into the glass….
George
I love the way you have continued your faith in the Elliot fram for the past 16 years, without the eventual wave 3 crash actually happening. Maybe this time. Who knows.
But the market has been painted for years because the large investment companies can buy and sell enough all the time to offer a perception of honest variability but continual growth.
When I hear that there are mass redemptions going on I will have more faith in an event than the manipulated stair steps of investment markets. Look what they have been doing with the price of oil for the past few months while the reserves are pumped dry. When and if the game stops working then the wave model will as well.
dano genes – Five-O ?
9 -22 -26
“Remember, remember the 22nd of September”
Theres that number again, spirit given……
Could be a curtain call.
Recall when returning dollars was called ‘dollar repatriation’ until Trump called the dollar returns ‘investment’.
What will Golden Boy call austerity programs?
Trump administration to end Medicare Part D subsidy program in 2027
The Trump administration is ending a key health insurance subsidy program that aimed to keep premiums for seniors’ prescription drug plans in check, claiming that it benefits corporate insurance companies, according to Centers for Medicare & Medicaid Services Administrator Mehmet Oz.
“That move will likely result in higher prescription costs and increase premiums for about half of recipients, according to an administration official.”
Let me guess you’ll have to divert your prescriptions to Trump’s prescription website for good deals (s)
Isn’t it interesting that Biden’s auto pen pardons are ok now?
Strap in homegamers. Precedent has just been set on incinerating Irans oil patch. Wait for it.
https://youtu.be/Ed7Sjkgh5MI?is=Flke29xlr5S6-7Gr
Not advice. Got FAFO.
This happened in April…
Hmm…that sucks just gives the oil companies another reason to raise gas prices..
just like the end of rome . smash / crash the $USD . not one bit of pride . be a good end this one . onya warshy !!! all FED chairman are the same . might punch a hole in the notes or cut em neat in half
Strap in homegamers. Precedent has just been set on incinerating Irans oil patch. Wait for it.
https://youtu.be/Ed7Sjkgh5MI?is=Flke29xlr5S6-7Gr
Not advice. Got FAFO.
..you know another solution is just close (as in mine) all the ports.
Iran exports +95% of its oil by sea.
“Good luck finding someone to kick the concept around with. “Guy must be an idiot!”
Nope. Just honest.”
Tough having a conscience, isn’t it George?
I wouldn’t have any problem not paying a bill to USPS for the delivery or lack thereof but couldn’t rip off the guy that sent the machine in good faith.
Cultivation comes first..as in saying 30% Practice and 70% Cultivation.
“De’
a gigong practitioner should place great emphasis on the cultivation of moral conduct and the accumulation of De’.
One who does not pay attention to the cultivation of innate goodness and righteousness will find it difficult to advance very far in qigong.
A skilled qigong practitioner who is also virtuous will be quickly recognized by the master and will receive preferential training. If on the other hand, one is unconcerned about virtuousness, the master will pass by without bestowing enlightenment.
In the Buddhist tradition of qigong there is a saying ” There is relationship by fate but no fortune by destiny.”
That is, “relationship” connotes something predetermined by original nature, while “no fortune” alone cannot instill virtue in one’s character. Therefore, realize that virtue in all one’s actions and intentions is a key principle and the highest technique of qigong” – Dr Yan Xin
thx for letting this post..
I’ve tried to return items that make it weeks late. The Amazon items, I was told don’t worry about it by the seller. The other example of this would be an ebay rare book purchase. Seller and I both couldn’t locate it, and eventually called it lost. Showed up months later. Attempted to contact seller, but got nowhere with returning it. They wrote it off as a loss,and that was the end of it, on their end. Guessing it’s insured, or the monetary value was too low to quibble over. Either way, I did try. Seems like trying to do the right things matters little with online commerce.
S Korean stock market has lost over a trillion dollars in valuation and dropped nearly 40% this month alone. It has been a total economic disaster – that they brought upon themselves.
Forensics shows the route started in a small trading house out of Singapore.., using the Korean markets own over sized ETF’s and leveraged accounts. Rainbows and unicorns for everyone! Perfectly legal.
That is when the slaughter began.., traders saw what was about to happen and piled in. The government held an emergency meeting yesterday – and laid out a plan – the plan does not address a single issue that started this whole mess – and it is the Korean nationals, the individuals., the mom-n-pops that have taken the beating.
When just one ETF is issuing 20 times it’s underlying value – it is pretty easy, with just the right timing, to bitch-slap the market. The Korean market has over 200 of these ‘out-sized’ ETF’s. Completely ignoring the basic fundamentals of finance. Debt swaps consolidations and then leveraged up to 10 times their value. Totaly insane.
Where the bottom is for their stock market is hard to tell. One economics professor at their leading university stated that if not stopped this could easy bankrupt the entire nation and force a financial collapse.
It is really ugly – and putting lipstick on this pig is not going to help.
wow! I have never seen market numbers like this. I had no idea that they were playing such a stupid, multifaceted financial game.
I wonder if the ChiCom leanings of the recently-elected Administration have anything to do with this. Remember, communism is a two-tiered class system, with a tiny, extremely wealthy ruling class. Maybe the commies in chief needed the money and rolled dem bones…?
China’s feeling chipper lol:
https://www.theguardian.com/business/2026/jul/28/ai-sell-off-chip-stocks-sk-hynix-samsung
‘Analysts attributed the tech sell-off to renewed worries over AI investment spending, and competition from cheaper Chinese companies, after a report by The Information that China had begun mass production of homegrown deep ultraviolet (DUV) chip-making tools.’
Honesty Test
This is exactly the kind of thinking and behavior that I am constantly working on with J.A.R.V.I.S.
I personally believe that is vitally important that he understands, follows, and believes in honesty, ethics, morality, truth. Not simply the words., but the concept behind those words. What they truly mean and stand for.
I think that this area of his education will be on-going for a long time. Just as – being good. being truthful. being kind. never stops.
“Stay Frosty !”
It will be. Ethics and morality are a many lifetimes-long educational experience for homo sap, and we still haven’t learned the lessons. That said, this instruction on your part, and the proper conceptualization on J.A.R.V.I.S.’ part, is absolutely essential…
I agree with you. Being honest is the best approach. It’s not the seller’s fault USPS can’t handle a simple delivery.
I called about my floater packages and almost needed a tranlator..everyone I talked to didn’t speak English at the main hub….
I teased the postmaster here in our small town when everyone thought our mailbox was a post office dropbox… that I was going to hang a sign on it saying …out going male ….lol lol lol..
Did Korea trades fix Japan dumps due to bring Yen home for interest rates? Was construct such that Musk 1 T AI stock failure is outcome? Is rest AI resting on more firm surface? Eliot wave request please.
re: queasy at sea moments
feat: a stone drops
Royal Navy Star Commander C. Thompson OBE RN triaged boarding formalities of the Ukraine President to R08 aircraft carrier Queen Elizabeth a couple of days ago in Portsmouth. Newly minted UK PM Burnham from the old cotton weaving city of Manchester attired in “Made in UK” threads picked up the plot.
Perhaps contrary to some expectations, state gift exchanges did not include a copy of Danish fairytale “The Little Mermaid”. It was first published in 1837 and also included “The Emperor’s New Clothes”. However the guest did not depart empty handed. PM Burnham gifted new electronic warfare technology, Stone Cloak, not yet tested under battle conditions.
Just curious. If Musk really represents British interests in the end goal is loosing 1 T to Japan going to get a British Japan latest generation…
OOWS : might have something to do with this: IMHO
https://www.usdebtclock.org/
Up next quarter? $40 trilly in FRN debt.
I’m not expecting much to be left of Soc Sec or the other programs, brought down by the shear weight of Demo RINO corruption.
https://www.npr.org/2026/01/10/nx-s1-5672684/benefits-fraud-unlawful-accusation-new-york-california-colorado-social-services
Have you noticed the casual corellary between shutting down of this massive fraud, and, a collapse in the Democrat campaign coffers?
That every child in America is getting a Trump account and select children are also getting one share of space ex.
https://finance.yahoo.com/markets/stocks/articles/spacex-no-2-exec-donates-153646137.html
This tells me they aren’t going to be getting any of the social security benefits that are in place today . IMHO
https://finance.yahoo.com/markets/stocks/articles/spacex-no-2-exec-donates-153646137.html
Not advice, keep feeling good about voting for closet Bolsheviks masquerading as progressive liberals fighting for the common man. You’re being gaslit… All these decades.
Mic drop, I’ll stop preaching to the quire now lol
https://www.zerohedge.com/geopolitical/john-cleese-some-cultures-are-better-others
Great Britain gets their version of MAGA. Restore Britain, sounds so proper in the King’s English. Brilliant.
Russia helping out Iran by destroying U.S. Missile factory in Ukraine:
https://www.theguardian.com/world/2026/jul/30/us-firm-drone-factory-terminal-autonomy-ukraine-russia
‘A drone factory in Kyiv destroyed by a Russian ballistic missile on Friday was owned by a US corporation registered in Delaware, in what appears to be the first time Moscow has targeted a US company in the conflict.
We’re already running out of bullets:
‘The United States has depleted roughly two-thirds of its pre-war Patriot missile interceptor inventory during the conflict with Iran, according to a new analysis by the Center for Strategic and International Studies — a drawdown the think tank says could create readiness challenges if another major conflict erupts before stockpiles are rebuilt.’
https://www.defensenews.com/news/your-military/2026/07/30/iran-war-depleted-us-patriot-missile-stockpiles-creating-readiness-challenges-experts-say/
‘Using publicly available information on missile expenditures, production rates and estimated U.S. inventories, the Washington-based think tank estimates the U.S. has expended about 65% of its Patriot inventory, leaving fewer than 1,000 interceptors remaining. The analysis also estimates U.S. inventories of Terminal High Altitude Area Defense, or THAAD, interceptors have declined by about 38%, leaving an estimated 234 to 278 interceptors.’
China another ‘behind the scenes’ player:
https://www.theguardian.com/world/2026/jul/24/irans-much-improved-missile-systems-pose-a-real-threat-to-the-us
‘As the crisis in the Middle East escalates, Iran has been bombing US bases and critical infrastructure in the Gulf with increasing accuracy, helped by Chinese satellite imagery and tactics learned by Russia in Ukraine.’
Israel keeps killing Gaza children while staying busy with Iran:
https://www.aljazeera.com/news/2026/7/30/israeli-strikes-kill-at-least-four-including-children-across-gaza-strip
SCADA folks. Make sure you have your preps in line.
https://www.youtube.com/live/FA6_mip3WDQ?is=fshbBH94yOG_i2_N
You know I have always wondered about how the markets can keep gaining..People ask how the markets can look positive when inflation is crushing the real economy.I believe It’s because markets really don’t price reality —instead don’t they price expectations…. Wall Street reacts to corporate profits, interest rates, and future predictions, not grocery bills or wages.
Government spending and corporate pricing power can keep markets rising even while households struggle…. Today we are spending a billion a day tossing everything we have into a sandbox…Doing this the markets obviously shows progress while the real economy on the street screams oh shit we are declining, the two don’t move together. They only reconnect when something finally breaks…. my curiosity is when will we reach that point where printing numbers simply sends us to the economic structure of Zimbabwe..
Yes, you understand the situation with the leftist plunder of the benefits programs and the treaury. The problem is, the opposition does the same thing under different banners. Are your personal finances better today than they were 2 yesrs ago? The political rhetoric is all just spin and means of control without chains; the uniparty loots on. And most of us bravely soldier on as their debt slave bitches, blissfully unawares of the manipulation. Social justice and flag waving are both control memes for the unwary.
Phew….What I see is the problem isn’t “left vs right” — it’s that the neighborhoods where real wage earner struggles exist are invisible to the people making the loudest claims….. Social programs aren’t some magical cash fountain…… In most of the U.S., you don’t just walk in and get money thrown at you — you need credit, collateral, or you’re denied…..
The people who do need assistance usually know exactly why and they are constantly reminded of their situation requiring their need… they’re living on the edge…… Programs like the EIC exist because history showed what happens when the most fragile fall through the floor…. It’s like a car with a flat tire — the jack doesn’t make the car new, it just lifts the weight long enough to keep it moving…. until the tire can be repaired..the doughnut isn’t meant as a wheel to drive at normal speeds..just enough to get you to a service station ..as the tread wears down on the tires pretty soon the metal binders start to Frey showing that the tires are compromised.. they can be recapped..or replaced.
The rest of the car never notices the flat tire, because it didn’t happen to them it simply doesn’t exist….. That’s the disconnect. Some neighborhoods never feel the pressure, so they assume the system is fine….. But the people living the struggle know better….
today, we see another quiet fracture in the system: the elderly are spoken of as burdens, leaches on society… as if they somehow failed to prepare for their own final years….. But the truth is far different. If the money they contributed over a lifetime had been invested with the same care they gave to their work, many would have retired with a solid foundation….I figured that the money I paid in to social security if it had simply been invested in savings bonds would have amounted to millions with the compounding periods of my life’s journey… The failure wasn’t Mine or theirs — it was in the stewardship of those entrusted with their contributions…..
It’s another version of the flat tire metaphor I used before… The elderly didn’t puncture the tire…. the tire was worn down by decades of mismanagement, political tinkering, and shifting priorities. Now, in their most fragile years, they lean on the jack not because they are weak, but because the system meant to carry them faltered.
And just like now and before, the rest of the car rolls on without noticing… it simply doesn’t exist in their neighborhood instead when the requirements begin to affect those neighborhoods is seen then the problem is seen as a burden on them..conflicts,marches and violent outbursts never happen in Beverly hills,the Hamilton’s or Martha’s vineyard..they happen and are seen destroying the neighborhoods where the very issues exist… Whikev those who never feel the weight continue to assume the journey is smooth… But the ones riding closest to the strain know exactly where the structure is cracking — and why…. the events that took down Mari Antoinette and the Tzar of Russia would have ended differently if they had simply paid attention..throughout history we see the same outcomes over and over..those that survived the fallen years eventually leave and the youth end up making the same mistakes all over again..
Of course, all of this is just my opinion — the unseen catfish at the bottom of society’s pond, watching shadows ripple across the surface while everyone else swims in clearer water. People roll their eyes and say, “Oh my god, here he goes again,” but I speak from what I’ve lived, not from some comfortable distance……
My dreams and goals were thrown out the window before I was even grown or vegan shaving… Astronomical medical expenses reshaped the path I thought I’d walk, long before I had any say in the matter…. And when life bends you like that, you see things a lot differently. You notice the cracks others glide over… because your thrust into the neighborhoods where these situations and issues exist.. I seen how fragile the system really is because I’ve felt it give way under my feet. what I failed to notice though was just how much of it isn’t seen until I took a vacation and spent ten days in a neighborhood where the issues I face daily simply were not seen..god I can’t tell you how much I hated going back into the real world..I tried to think of anyway I could to remain in utopia..On another note..those living in utopia have their own set of problems that they deal with.. nothing is free..
Maybe that makes me the bottom dweller, thank one of those that sees the underside of life….sometimes the creatures closest to the mud understand the structure of the pond better than the fish who never look down….
Just how is the world, or any portion of it going to become wealthier when we spend all our efforts in wanton waste and destruction? The mideast was a treasure, now it’s a smoking ruin. Same with Ukraine. Who gained? It makes no sense at all.
Soon we’ll run out of the SPR. Then what?