2 Comments
User's avatar
⭠ Return to thread
Politico Phil's avatar

"...And if we don't hear the greatest economic crash in history of Mankind, that would be a major miracle."

Yeah, I give that miracle about a 1% chance of happening. IMHO, the best I think I can hope for is for Trump to keep us out of any international wars. If he can do just that then he will have earned his angel wings. Domestically, I fully expect at some point America is in for some historic economic bad times. And given the breakdown of our social cohesion and the mass migration the Marxists have facilitated, I expect an unprecedented level of violence in this country. The two extreme alternatives I'm hoping against hope we avoid is total totalitarian submission versus civil war. Either of those developments will cause massive suffering.

Expand full comment
daverkb's avatar

I look at not just one or two things, but many things. Just look at cost/input pricing and ask one's self if the Collective West can compete against Russian cheap energy and China being Russian supplied. And if the geniuses in America think that they can cut Europe off from cheap energy a chief factor of production and create captive markets, they are merely planting the probable economic landmines of the future. Just let dollar hegemony collapse, including in Europe and see how fast Europe bolts to China and the so-called economic South. Just saying. Maybe for awhile, but longer term such plotting by government fails. Price will sooner or later be king and the chief determinate of the direction of future prosperity.

And look at the capital allocation structure of the West with it's inane central command economy (Green/Eco based) which can only be sustained by subsidies which cannot ultimately be sustained anymore than they were under the Soviet command economy. The recipe for failure is already written.

I read or heard something recently about the Collective West and it economic functioning being 'tje rip-off' society where everything is designed to extract the maximum that can be extracted whether in taxes, government licensing, products, etc. Just, for example, think about an Apple iPhone and what is in it ... and ask one's self if it can possibly be worth $800.00 to $1,000.00 new?

Well, here is another incarnation of 'the rip-off society'. You will even find out the biggest factor in the demise of Red Lobster, something I had wondered about.

https://www.youtube.com/watch?v=WmkqHGtOp6U

I compare the above to something I listened about Russia which pointed out the reasonable cost of everything in Russia relative to wages. In the West, however, we are literally pricing ourselves out of life.

https://www.youtube.com/watch?v=WmkqHGtOp6U

Expand full comment