Here are some ideas that show just how far we have fallen as a country.

In a country that had a population that was really educated and had high moral standards we would likely not have the “leaders” that we have today. My opinion is that whether their name has an R or a D after it makes no difference. It appears that neither side has a moral superiority.

Both sides seem hell-bent on forever wars likely because of the lobbying of the military industrial complex which makes a lot of people rich while destroying the lives of tens of millions across the globe.

In a functioning Republic- which we used to have- the congress, at the will of the people, would not allow a president to act as a dictator and have our military turned into pirates and thieves. Right now, we cannot even get thorough airports because we cannot fund the TSA but there is PLENTY of “money” to destroy others and confiscate their resources.

One of the most ridiculous statements I can remember is when our president said that Venezuela stole OUR oil- even though it is in their sovereign territory.

A moral nation would have risen up against the genocide in Gaza but all we hear is silence.

A moral nation would be able to discern truth and spot deception. What would you call it when our “leaders” and the puppet media tout talks and agreements and Iran says- no deals will be made. Would you trust anyone who, during the last two negotiations bombed the daylights out of you while talks were supposedly “going well”? They would have to be insane to trust that counterparty ever again.

One side wants to have open borders and allow anyone to vote with no ID. I cannot even buy beer `or cough medicine without ID. Any moral nation would easily spot that once you need ID it is FAR harder to manipulate election results.

The other side is no better. How about when our president made a tweet that he was backing off attacking Iran for 5 days. First of all, that changes nothing but a timeline. However, it appears that someone inside knew that the tweet was coming and $9 BILLION in bets were made that oil would fall and stocks would rise. This is INSIDER TRADING which would land you or me in jail while congress and highly likely many other “insiders” are able to profit with no repercussions. This is common knowledge and there has not even been a hint of an investigation. In a moral nation there would be an outcry. Here- silence.

We have a president that is acting as a dictator. This is the exact reason why our Republic was set up the way it was- to make sure this did not happen. How many of these unnecessary wars would have been fought if the “money” were not conjured up from nowhere and the American public had to be directly taxed. My guess is NONE since WW2.

Notice I say if we were “directly” taxed. The very act of conjuring up this cash is an indirect tax that people refer to as INFLATION. The inflation is caused by too much cash being created and having produced no VALUE of any kind. More dollars- same supply- prices rise.

In our Constitution the only legal money is gold and silver coins. The founders knew that paper money would ultimately lead us to where we are today. In fact, Thomas Jefferson said that if we ever had a central bank our ancestors would be renting back the land that we conquered. That was almost 250 years ago. (You will own nothing and be happy- Sound familiar?) You can see it coming. Most people starting out today pay more for their cars than those of my generation paid for their first homes.

When you do not have honest money, it leads to dishonest prices and causes tremendous malinvestment that, at some time, has to be reconciled. Time after time in history it ends the same way- not once or twice but EVERY time. The system gets so indebted that “money” is conjured up in massive amounts leading to a collapse in purchasing power ultimately leading to a need for a reset. In many recent episodes’ countries like Argentina, Venezuela, Turkey, and many others have added MANY zeros so that you would not need the wheelbarrows that were used in Weimar Germany in the 1920s.

In almost every case when the economy needed a reset the go-to for a return to confidence has been a hard asset and it is almost always GOLD. This is probably why the central banks have bought record amounts of gold for 5 years in a row. Of course, to fool the public they play games with paper contracts to make gold and silver look FAR more volatile than they actually are- keeping the public OUT while they buy it all and having the public buy nebulous assets like crypto while they buy real ASSETS.

In fact, traditional brokerages list gold and silver as AGGRESSIVE assets while central banks list gold as a “riskless” asset. There is perceived volatility that is mainly contrived to keep as few people in the trade as possible. I will not even go into the tricks played with spoofing, well-timed outages and margin increases that have taken place- in the JP Morgan conviction tens of thousands of times- and that was years ago. Add plenty more!

Many are deceived and think “It can’t happen here.” (Our “money” losing massive purchasing power- inflation or even hyperinflation) One thing I can guarantee (there are not many) is that economic laws apply EVERYWHERE. Reality can be suspended for a while but not forever. The numbers we are allowed to see (likely FAR, FAR worse) suggest that MANY, if not most promises to repay cannot be kept.

Private Credit may be proved to be a canary in the coalmine as company after company are closing off redemptions. This is not because things are rosy. These companies are marketed as stable- and they appear on the surface to be just that. Why? Because they do not trade. Many had top ratings and still saw full value on the books turn into ZERO in a matter of days to months. Could the “numbers” have been real? It does not appear so. There is a LOT more to this story as these assets have found their way into insurance portfolios, pension plans, etc. These were loans that banks would not fund. How “safe” does that sound? We are finding out right now in real time.

I wrote months ago about being concerned about March. I had no idea about the war but in hindsight, because of all the economic wreckage taking place at this time it should have been a strong probability.

With all of the attention on war and rising prices the focus is taken off of the terrible demand for US bond offerings, private credit, defaults, job losses, and rising bankruptcies and credit delinquencies which show the true state of our dying economy. In my opinion the war just moved the timeline that much closer.

Be Prepared!

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