Thursday, September 23, 2021

He's mad at the people destroying America, and there are many

Michael Smith has a good analysis of the footsteps we're walking in.  From Facebook post.

"I've been reading and studying a number of economic collapses from history - from the crash of tulip bulbs to Venezuela - there are certain aspects, certain markers, that were easily recognizable before each of the collapses.

The US has a lot of those markers, three of of the most significant are an incautious, incestuous involvement between government and industry, a national leadership who chose to ignore the markers and an opposition party that simply stood by and did little to nothing to change direction.

The Biden administration is building upon the rotten foundation of the Obama years to create some real structural deficiencies in our economy and are building in crises for the future - and there are giant corporations who have signed on to help.

Electric car mandates are an example. The auto industry is killing the internal combustion engine at the behest of government. The fossil fuel sector is being dismantled - both at the same time when electricity generation is predicted not to be able to keep up with demand. This guarantees future shortages of electricity - and likely rolling blackouts, something more common in third world countries than in a nation that has led the world for over a century.

It's not just Biden, there are many powerful forces (foreign and domestic) that have been cheering for decades for America to fail.

The next 18 months are going to be bad, I fear.

The fall can be stealthy - you may have the same job and a paycheck, but each week that pay will buy less and less (that same theft by erosion will happen to your savings). You may be able to do most of what you used to do, but over time, more will be forbidden to you.

Look, 9/11 shut down our national transportation systems. The mortgage bubble burst and collapsed our financial systems. The reaction to Covid 19 shut down our supply chains, shut down a national economy and locked us behind closed doors. Cyber attacks and ransomware are in the news weekly for shutting down hospitals, agricultural and energy transmission businesses.

Imagine all of those happening at the same time.

I get accused of being pessimistic - and that is a fair assessment, because I am - but it isn't a violent pessimism, it is more of a resignation, a "better get ready" sort.
Better have enough space for a garden, better have a few critical things stocked up, better know a few basic SHTF (sh*t hits the fan) skills, better be ready to protect yourself and your family and have the equipment and supplies to do it, better transfer your investments into hard assets, better know where your loved ones are and how to communicate with them when cell phones no longer work.

I wake up every morning with a burning anger toward the people who destroyed my America and stole the good life I have had from my children and their children.

But more than that, I'm like one of those movie characters that has been shifted in time. I can see the explosion about to happen but nobody can hear me yelling at them.

My Spidey Sense is tingling, telling me there is something wrong. I can't put my finger on it, but it sure feels that something wicked this way comes.

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