The Soviet economy was largely fake, almost all of it controlled by the Communist Party. Government deficits supported a bloated military that looked powerful on paper but couldn't win a war.
Finally the truth! Friends, we're on the roller coaster; the bar has come down, locking us in, and the little train has left its boarding area. You and I are on the thing for the duration of the ride. The time to worry about the roller coaster and its shocks and thrills is BEFORE you board, NOT when you're on it. There is one thing that can change the arrangement: complete financial collapse. It's the only thing beyond their reach. I think the majority will choose "better Red than dead." Me? I find it liberating to realize I no longer need to waste time, labor, or, especially mental energy, on a failed enterprise. It's too bad it came to this, but we could literally not stand prosperity. Best always. PM
Paul, unfortunately, it’s the human condition - greed, envy, hate. Emotion trumps logic in this modern era. A return to founding principles might be able to save the republic but I think that hope is long lost. Enjoy your musings. KJ
Thank you for your response. I have told myself my entire life that complete understanding will be acquired on the other side of mortality. Of course, that might be a complete fabrication on my part, but perhaps a necessary one to get through this mortal "life". Best always to you and yours. PM
Man just can't stand happiness and prosperity. It has to be God's plan. None of the other animals on the planet are this stupid!! It is always a pleasure, Paul. Thank you, r
I rarely disagree with anything Mr. Bonner and friends have to say, but I would argue that this time around there is a huge difference between the parties: energy policy. If the dems win, the insane war on fossil fuels will continue, to the detriment of all economies, and all but the elites. If the Obnoxious Blowhard wins, we may be able to put the fantasy of the Green New Scam behind us. As the data centers that AI demands are built, the grid will need more reliable, not intermittent, power.
I find it hard to believe that most of us favor the war on the first amendment, the war on meritocracy, gender silliness, and the rest of the woke agenda. Then again, I live in Flyover America.
I invested significantly in the trade of the decade and took my initial investment monies when suggested. I would think the overall consensus by the Bonner investment community would be go dems and let the country meander until the 1 st turning. I might be around I drink Bonner Malbec 😀
Funny that the elites believe in climate change and are in favor of ending gas vehicles. Wouldn't it be nice if these geniuses led by example. They could ban all yachts and private jets before they force us to drive EVs. Maybe they could close their country clubs and plant trees in their place before they close down family farms.
Actually, it is rightly theirs......remember what George Carlin used to say: "It's a big club, and you ain't in it.” We proles are not elite. The elites because they are saving the World (and some of us - after all, they need servants) bestow on themselves right to live better with vastly more material things. The few yachts and private jets are a mere knat in the overall climate picture. So, move along, nothing to see here..........
The elites largely believe in climate change. They are in the talking professions and not in the engineering professions. That seems to present a situation where energy production is undervalued and they think transportation should be more limited, although they are the ones travelling the most for business. Maybe they should travel because they are "more important" than the working class. AI seems to me to be a talking app.
It appears they are better off since Biden has been in office which seems to imply they hold financial assets. I remember distinctly reading a book which conveys that great depressions are the great equalizer in wealth disparity i.e. the wealthy lose the most and this author believed that depressions were caused by wealth disparity. Hence it could be construed that there are economic forces tending to support a stock and bond collapse with this thinking. This idea also is supported by the political class is so worried about an economic collapse that they spend like crazy what they don't have (savings) to both keep the economy "going" but also unknowingly create the pressure for collapse.
The Soviet Union collapsed. It is surprising it lasted so long. The French and Russian Revolution have much in common. The US fought a war of independence.
1789 and 1918 killed off the elites, ushered in a new ruling class. From devastation, Napoleon created, in a few short years, an empire; shakey, because England and monarchist warred against him.
Russian ruling class became the psychopathic, criminal Bolsheviks, like the Nazis. Russia had a civil war, starvation and the Gulags that processed 20 million a year to death, over 30 years. 40 million dead, the worthiest. They won WW2, another 30 million dead.
The interesting fact is that both societies survived because of average people, the rabble stepped up.
The Soviets included the worst rabble and Stalin
, a bottom feeder, ruled everything. Still the people survived.
Makes you believe in people and some invisible hand.
“We gave up trying to solve the nation’s problems a long time ago.”
CA, that is how you know it is not at all about climate and saving the planet. All about money and pushing the funny money system to their benefit. Same with the wars and all the social shenanigans. Once you understand it’s not the policy goal they state it is the hypocrisy suddenly falls away. Cheers
Interesting information. Thanks . Another revealing that shows how the "elite" think. Sorry to say they do not think, but pursue their money and power over You and I.
THANKS BILL. A WELL REASONED EXPLANATION OF WHY GOOD AMERICANS MUST ABANDON THE CURRUPTED TWO PARTY SYSTEM, AND INSTEAD ELECT DEDICATED THIED STATESMEN WHO CAN AND WILL WREST CONTROL OF THE GOVERNMENT FROM EVIL USRPING FORCES,, AND RETURN OUR GOVERNMENT TO OF THE PEOPME, BY THE PEOPLE, AND FOR THE PEOPLE. THE TIME IS RIPE FOR THIS POPULIST MOVEMENT. AND, AMERICA WILL REACH A TIPPING POINT DURING THE NEXT PRESIDENTIAL TERM. SO, IT'S NOW OR NEVER. TURN AWAYY FROM DEFEATIST ATTITUDES. THINK AND ACT POSITIVELY---NOW!
The interesting time is coming when AI has reached the stage of planning its own long term controlling future, links up with Quantum computing and resolves whom is a necessity, whom is not, where they are …. and what is the optimal way to extinguish the not lot !
We are already in that phase, it started a few years ago with the "potions" applied to the people, also watch out for the 5G towers to do their thing !
The signs of decline are accelerating. And not just in the US.
Crazies in the UK defaced Stonehenge and an airplane they thought belonged to Taylor Swift to protest the use of fossil fuel, the very energy source that produces the electricity that powers EV's
Democrats. Republicans. It’s called the UniParty. It tells its loyal followers what they want to hear, fires up their “base”…and then keeps on keeping on.
And so you finally conclude: "Expect a long period of chaos — financial, political, and social. And watch out for the guillotine. " Oh, and don't forget to vote! :-)
Why does it matter, if you know the price. That’s all you need to know, and lo & behold, you know more than the experts!
The price of the S&P 500 is mighty high, it’s been on a tear since January, upwards and powerful, with technology stocks rocketing sky high, thank you very much AI, the King is Alive!
Core inflation is down folks, inflation is going down the tubes, stop talking about food and energy for crying out loud, the economy is standing on 4 legs Tom. Surely a hot summer because everything is going well, smoking hot markets, money, money, money, in the pockets!
Allocate the funds and maximize your profits Jim, The Son of Fred, The American Savior is here, in the flesh, after 2000 thousand years, he has finally reappeared, President Lord Donald Trump, oh yeah boy!!!
Finally the truth! Friends, we're on the roller coaster; the bar has come down, locking us in, and the little train has left its boarding area. You and I are on the thing for the duration of the ride. The time to worry about the roller coaster and its shocks and thrills is BEFORE you board, NOT when you're on it. There is one thing that can change the arrangement: complete financial collapse. It's the only thing beyond their reach. I think the majority will choose "better Red than dead." Me? I find it liberating to realize I no longer need to waste time, labor, or, especially mental energy, on a failed enterprise. It's too bad it came to this, but we could literally not stand prosperity. Best always. PM
Paul, unfortunately, it’s the human condition - greed, envy, hate. Emotion trumps logic in this modern era. A return to founding principles might be able to save the republic but I think that hope is long lost. Enjoy your musings. KJ
Thank you for your response. I have told myself my entire life that complete understanding will be acquired on the other side of mortality. Of course, that might be a complete fabrication on my part, but perhaps a necessary one to get through this mortal "life". Best always to you and yours. PM
Man just can't stand happiness and prosperity. It has to be God's plan. None of the other animals on the planet are this stupid!! It is always a pleasure, Paul. Thank you, r
I rarely disagree with anything Mr. Bonner and friends have to say, but I would argue that this time around there is a huge difference between the parties: energy policy. If the dems win, the insane war on fossil fuels will continue, to the detriment of all economies, and all but the elites. If the Obnoxious Blowhard wins, we may be able to put the fantasy of the Green New Scam behind us. As the data centers that AI demands are built, the grid will need more reliable, not intermittent, power.
I find it hard to believe that most of us favor the war on the first amendment, the war on meritocracy, gender silliness, and the rest of the woke agenda. Then again, I live in Flyover America.
I invested significantly in the trade of the decade and took my initial investment monies when suggested. I would think the overall consensus by the Bonner investment community would be go dems and let the country meander until the 1 st turning. I might be around I drink Bonner Malbec 😀
Biden doesn't need his head examined! His voters do.
“I still believe that peace and plenty and happiness can be worked out some way. I am a fool”. Kurt Vonnegut
Funny that the elites believe in climate change and are in favor of ending gas vehicles. Wouldn't it be nice if these geniuses led by example. They could ban all yachts and private jets before they force us to drive EVs. Maybe they could close their country clubs and plant trees in their place before they close down family farms.
Actually, it is rightly theirs......remember what George Carlin used to say: "It's a big club, and you ain't in it.” We proles are not elite. The elites because they are saving the World (and some of us - after all, they need servants) bestow on themselves right to live better with vastly more material things. The few yachts and private jets are a mere knat in the overall climate picture. So, move along, nothing to see here..........
The elites largely believe in climate change. They are in the talking professions and not in the engineering professions. That seems to present a situation where energy production is undervalued and they think transportation should be more limited, although they are the ones travelling the most for business. Maybe they should travel because they are "more important" than the working class. AI seems to me to be a talking app.
It appears they are better off since Biden has been in office which seems to imply they hold financial assets. I remember distinctly reading a book which conveys that great depressions are the great equalizer in wealth disparity i.e. the wealthy lose the most and this author believed that depressions were caused by wealth disparity. Hence it could be construed that there are economic forces tending to support a stock and bond collapse with this thinking. This idea also is supported by the political class is so worried about an economic collapse that they spend like crazy what they don't have (savings) to both keep the economy "going" but also unknowingly create the pressure for collapse.
The Soviet Union collapsed. It is surprising it lasted so long. The French and Russian Revolution have much in common. The US fought a war of independence.
1789 and 1918 killed off the elites, ushered in a new ruling class. From devastation, Napoleon created, in a few short years, an empire; shakey, because England and monarchist warred against him.
Russian ruling class became the psychopathic, criminal Bolsheviks, like the Nazis. Russia had a civil war, starvation and the Gulags that processed 20 million a year to death, over 30 years. 40 million dead, the worthiest. They won WW2, another 30 million dead.
The interesting fact is that both societies survived because of average people, the rabble stepped up.
The Soviets included the worst rabble and Stalin
, a bottom feeder, ruled everything. Still the people survived.
Makes you believe in people and some invisible hand.
“We gave up trying to solve the nation’s problems a long time ago.”
No hope is a terrible place to be.
CA, that is how you know it is not at all about climate and saving the planet. All about money and pushing the funny money system to their benefit. Same with the wars and all the social shenanigans. Once you understand it’s not the policy goal they state it is the hypocrisy suddenly falls away. Cheers
Interesting information. Thanks . Another revealing that shows how the "elite" think. Sorry to say they do not think, but pursue their money and power over You and I.
PLEASE PARDON CAPS ALMOST BLIND
THANKS BILL. A WELL REASONED EXPLANATION OF WHY GOOD AMERICANS MUST ABANDON THE CURRUPTED TWO PARTY SYSTEM, AND INSTEAD ELECT DEDICATED THIED STATESMEN WHO CAN AND WILL WREST CONTROL OF THE GOVERNMENT FROM EVIL USRPING FORCES,, AND RETURN OUR GOVERNMENT TO OF THE PEOPME, BY THE PEOPLE, AND FOR THE PEOPLE. THE TIME IS RIPE FOR THIS POPULIST MOVEMENT. AND, AMERICA WILL REACH A TIPPING POINT DURING THE NEXT PRESIDENTIAL TERM. SO, IT'S NOW OR NEVER. TURN AWAYY FROM DEFEATIST ATTITUDES. THINK AND ACT POSITIVELY---NOW!
SINCERELY,
LIAM
I wish I was surprised by this.
I wish there was a way to wipe the shitstains of the elite off our daily newsfeed
I wish they had a fckn clue as to how fckn backwards their policies were.
But their bubbles protect them.
Time to burst some bubbles.
It’s not on point… but, Navidia seems to be crashing.
Brother Xave, also not on point, but it's no loss LOL. Best always. PM
You are not the only one spotting the rollover - http://www.321gold.com/editorials/sfs/hubbartt062124/nvda.png
The interesting time is coming when AI has reached the stage of planning its own long term controlling future, links up with Quantum computing and resolves whom is a necessity, whom is not, where they are …. and what is the optimal way to extinguish the not lot !
We are already in that phase, it started a few years ago with the "potions" applied to the people, also watch out for the 5G towers to do their thing !
The signs of decline are accelerating. And not just in the US.
Crazies in the UK defaced Stonehenge and an airplane they thought belonged to Taylor Swift to protest the use of fossil fuel, the very energy source that produces the electricity that powers EV's
A meme has its own life and will infect many minds.
Some would say these "people" are stupid, but their minds are not their own anymore.
Democrats. Republicans. It’s called the UniParty. It tells its loyal followers what they want to hear, fires up their “base”…and then keeps on keeping on.
And so you finally conclude: "Expect a long period of chaos — financial, political, and social. And watch out for the guillotine. " Oh, and don't forget to vote! :-)
Oh boy, what controls the markets?
Why does it matter, if you know the price. That’s all you need to know, and lo & behold, you know more than the experts!
The price of the S&P 500 is mighty high, it’s been on a tear since January, upwards and powerful, with technology stocks rocketing sky high, thank you very much AI, the King is Alive!
Core inflation is down folks, inflation is going down the tubes, stop talking about food and energy for crying out loud, the economy is standing on 4 legs Tom. Surely a hot summer because everything is going well, smoking hot markets, money, money, money, in the pockets!
Allocate the funds and maximize your profits Jim, The Son of Fred, The American Savior is here, in the flesh, after 2000 thousand years, he has finally reappeared, President Lord Donald Trump, oh yeah boy!!!