An unwinnable war may be the best kind for a late-stage degenerate empire. It shuts down the opposition as ‘traitors,’ keeps ‘the people’ in line as ‘patriots’ and it keeps the money flowing to elites
There is no such thing as a "winnable" war. If one nation blows its competitor-opponent into the Stone Age, the conqueror becomes responsible for the conquered's welfare and restoration. If the conqueror shirks that obligation, another nation (or coalition of nations) will pick up the slack in some form or another. If the conquerer merely absorbs the conquered into his system/sphere of influence, his overhead increases there as well. This idea was best expressed in the slogan popular under Bush 43, "You can win the war, but you can't win the peace." At some level, maybe intuitively and maybe consciously, and somewhat unwillingly, we learned this lesson in WWII, and ever since, we have fought "police actions" instead of wars, seeking not to destroy or conquer, but merely discipline. The approach/policy has been an expensive, disastrous failure. The Romans did succeed in literally wiping Carthage off the map, but did that "success" solve/eliminate Rome's problems? Best always. PM
Yes, you are correct; it solved an immediate problem, which was eliminating a competitor. We have done the same thing. As a result of WWII, especially the way it ended in Japan, we eliminated all competition, which gave us a skewed perspective on our role in the world and what we could or could not do; in fact, it encouraged us to think that the rules didn't apply to us. Soon we were overextended, and the answer was not to change our thinking or adjust our policies, but to spend money we didn't have, until we are $35 trillion in debt. Rome got the idea it was not only invincible but infallible. The "centuries" to which you allude are due to the fact that the world didn't move as fast in the days of Rome as it does now, so our catastrophe is upon us sooner. Thank you for your response. Engagement is always good. Best always. PM
Depends on your definition of winnable. A few nukes launched by either side will end the war, and make restoration, a non-issue. As no one will want to venture into the fallout zone. For a few hundred if not thousand years.
Even with thousands of nukes, not every habitable space will have been targetted. The fallout may blanket most parts of the planet, but life will continue. Check out "habitable zone Chernobyl" for life after radiation. Or better yet, hop on a plane/train and visit mankind's best works in Hiroshima, Nagasaki for some first hand evidence.
And civilization as we know it, will start over. First on the agenda? Weapons of deterrence.
Wise words for the dimocrat/communists and our "leaders" to remember when they:
A. Succeed in killing Donald Trump
B. "Successfully" steal the Presidency in November.
Either circumstance is going to result in a YUGE blowback/shitstorm that they are currently counting on Law Enforcement and likely elements of our Military to be able to quell. It ain't gonna happen like they think.
ProTip: Hey Joey, your F-15's aren't going to be the gamechanger you think they are.
PS - I feel like I have to share this. On the suggestion of a friend I downloaded an app called RedAlert. This is an app that sends out text warnings when Hezbollah (or in the past, Gaza) launches rockets into Israel. Typically there is less than 2 minutes to get into a bomb shelter once the alert is received. The alerts come out with the towns listed where the Rockets could potentially land, and there are maps that show any rockets that actually hit the ground and explode, based on each warning that goes out. The reason I'm writing this here is because the last 48 hours have been a complete eye opener for me. My phone literally goes off nearly nonstop in the early evening and the very early morning hours. Dozens of Alerts in the last TWO DAYS. And this after the leadership of hezbollah has been decimated. It's astonishing to me to think that were I in Israel right now, potentially my life would be at stake every time the alert comes in. What a horrible way to be forced to live. It's become very clear that unless you are in Israel, you have no idea the threat that they live under. I invite you to download the link from any App Store and just leave it on your phone for a few days. In all likelihood it will change how you view the current situation around Israel and the Middle East. At the least, check this site to see what has been going on in the last 24 hours:
Which is why they have every right to defend themselves. And if they are too heavy handed it will be on their heads, which is why we need to stay out of it.
The Iron Dome is definitely doing its job well, and it will be interesting to see if an Iranian Ballistic will be “Allowed” through the Dome to escalate the situation or taken out to prove their ability🤔
ALL, and I do mean ALL, is deception at this point...
PS - Brother Mark has tried to keep me updated as to your status re. Helene. I hope you and all of yours are safe and well, and that you didn't suffer too much property damage...
I’m praying for everyone my brother 🙏 as we may be witnessing the beginning of WWlll…” Iran has fired hundreds of ballistic missiles at Israel as civilians rushed to shelter sites across the country.
Videos on social media showed missiles or shrapnel hitting Tel Aviv and other population centers. Impact sites have been reported in Tel Aviv, near the Dead Sea, as well as in the south and in Sharon.
The premise of the Dow/Gold ratio is that gold is a constant (k). I have sold physical gold many times since 1980, sometimes for outrageous (comparatively) amounts, and other times for disappointing amounts. In every instance, I wish I had not sold. Why? Because I had to buy it back when I could, or suffer permanent reduction in personal capital, and when I had the ability (cash on hand) to "reload", the situation "on the ground" was not always (meaning: seldom) favorable. The problem, as I see it, is lack of flexibility in response to circumstances for the "average" man. My creditors and my obligations/infrastructure failure never said to me, "We understand that you can't pay right now, because the 'timing' isn't favorable. We'll wait until the arrangements are more favorable to you." Even though the Dollar is essentially worthless, it's still the "coin of the realm", and as such, a participant in the "system" needs "cash" to negotiate the maze, and he/she needs it at the ready and in ever-growing quantity. Best always. PM
I've been hesitant to post anything for a while. Here goes now. I've been thru death, disaster, disease, dishonestly of family and 'true friends', divorce, drouth resulting in disappearance of wealth and assets, but I perserve with the love of Christ in my heart. Pure bull-headedness, tenacity and intestinal fortitude have kept me going.
So I had checked cattle one day last month and they had held condition well regardless of the dry weather and limited grass. As I shut the gate and leaned on the pickup, I made a small prayer, "Lord, if you would like me to have more pasture for the animals in my care, send me a sign".
I drove down the road a quarter of a mile and there was a sign in the ditch...it said 'Land for Sale'.
Not wishing to disappoint the good Lord, I pulled the phone out and called the realtor. I said, "Consider it sold". He said, "I just put the sign out". I said, "Are you a sign hanger or a realtor?"
Considering that this property is surrounded by big operators that can and will cut a check in a New York second, I knew I had one quick instance to make the deal. Screwing around with bankers for getting the funds would be 'iffy', considering that that it would take time, aggravation and disappointment (since I had been told during a recent unpleasant divorce that my finances showed the 'Hooker formation'- no visible signs of support) I went another direction .
I cashed in enough precious metals to put the total amount in the abstract companies escrow account.
My question then is: while my head says it is the right thing to do, my heart says it is the right thing to do and I'm sure the cattle says it is the right thing to do...I would entertain the opinion of those more world-wise and experienced than me to counsel.
Is this time to exchange precious metals for real estate?
Not the worst time for sure, especially since you bought land which can not only hold value or generate gains but can also feed your cattle. Gold is at an all time high, you still have gold in your portfolio and neither you or the cattle can eat the gold. Good luck to you.
I would say no. I've been I've been selling off rental properties since 2017. Possibly you're a pc of land is different Because of farmland use I used to have this conversation with my father Before he passed, With these pigs in charge You don't know whether it's a good idea to buy another rental property, , A share of Exxon. Et cetera. Follow your gut
Bill: Your sentiments on war are well known to your readers, and generally I think we all agree with your perspective that war is terrible and should never happen. Nor, should anyone support war as a solution. Not speaking for anyone else, I agree fully. However, I see a dilemma with your “pie-in-the-sky” approach to the Middle East conflict. The muslim-based countries [some not all] hate Israel and the US and want to destroy them. They cannot be persuaded to not hold this hatred, and they cannot be persuaded to stop trying to kill Israel or the US. We are isolated by our oceans [negated by our open border] so we don’t have the daily fear of being killed by the Muslims. Israel, however, has no such isolation; therefore, they live in fear EVERYDAY that they will be killed by a religious zealot or hateful government. There is no need to point out to you the thousands of attacks against Israel, and hundreds of thousands of attacks thwarted by Israel. That threat hangs like the sword of Damocles over Israel’s citizenry. Would you live like that, or would you like your grandchildren to live like that? Of course not. So, why should the Israels? If one is confronted by a mad dog, one has only one choice - kill it. Israel can live in peace with its neighbors. It has proven that. Further, Israel has asked for peace from its enemies, but has not gotten that. Until Israel’s enemies stop trying to kill it, there will be war in the Middle East. Blaming them for what is happening in that part of the world is like blaming the dog-bite victim who killed the mad dog.
Just got the news of a Ballistic Missile attack Eminent on Israel now…guess we can forget Peace in our time…thank you democrats for supporting the freaks of war. Like terrible storms, elections also have consequences 🤔
Bill, I have been faithfully reading your daily blogs from France, Ireland, Argentina, Baltimore and wherever else on the Globe you may roam over the last few years, and I am impressed with your knowledge of history and didactic prose. But, I'm getting a little tired of your incessant negativity. Do you ever have a positive thought in your brilliant mind.
Regarding your most recent writing, what do you want Israel to do. Sit back and be annihilated by every antisemitic terrorist organization in the Middle East that wants to kill or subjugate all the Jews it can get their hands on.
The problem with the present feckless administration is they think the way to wage war is only to defend yourself and then declare a cease fire before you have a chance to go on the offensive to decisively defeat your enemy. How would that have worked out with the Germans and Japanese in WW II. We would still be fighting the Nazis and the Japanese Empire.
Biden/Harris/Blinken naively think a cease fire will lead to a 2-state solution. That's nonsense. Ask the PA or Hamas if they even want a 2-state solution (rather than asking Israel to settle for one) and they will never ever agree. They want a 1-state solution, all Muslim. They have been offered a 2-state solution on a silver platter 3 times over the last 25 years with Israel making all the concessions and they do not even counter-offer. They are afraid that if Israel agreed to a peace deal they offered, which has to include by definition a Jewish state, their leader would be assassinated.
I find it interesting that so many people picture Israel as the victim. Here's an interesting essay about David Green who changed his name to David Ben Gurion and became the first Israeli Prime Minister. Seems he was a stone cold racist who believed that clearing Palestine of the Palestinians was morally justified. https://www.euppublishing.com/doi/full/10.3366/hlps.2023.0308
Cartero. I did not bother to read the pc you posted, But I do know you will not be well received here 😂😂 I am with you sir, there are 2 sides to every story.
Losing a war you didn’t start is hell. Perhaps even extinction. Perma wars or wars to “change hearts and minds” are boondoggles for the military industrial complex. No war would be swell. Absent the rewriting of humans, winning wars initiated against you is the best possible outcome, and by no means the most costly option. Israel is now leading the way. America is following. Bonner continues to fart from his mouth.
The phrase "you are either with us or against us" was used by Bush a number of times. The earliest that I can find some semblage of it in the media was on September 20, 2001 when he addressed congress on "Terrorism."
" Every nation, in every region, now has a decision to make: Either you are with us, or you are with the terrorists. From this day forward, any nation that continues to harbor or support terrorism will be regarded by the United States as a hostile regime."
I swear I heard him say those words "you are either with us, or against us" in the rubble of the twin towers in the days following 9/11, but I can't find the video or transcript.
Yes he said that phrase many times which insulted me because I’m entitled to straddle a position while gaining an understanding. Unfortunately the western powers had made many enemies in the Middle Eastern oil patch over the years while they stomped around since the end of WWI, ~ 1918.
There are not two sides here, there are three. East, West and the religious fanatics that demand we all become religious fanatics. Unlike Orwell's masterpiece, there is not two against one here. Each are directed against each other. How will it end - badly.
Tom: Does the Dow in the Dow/gold ratio contain dividends?
Unwinnable war seems to be the only kind we have experienced in the last 40 years. Someone of wisdom might consider this when getting into the next one, someday. On the other hand nothing like a good scapegoat for any story. The Democrats and Republicans just can't afford to stop killing people when they have great excuses to come up with for retaining their power.
I am not Tom, but I have thought about the Dow dividends in relation to Dow/Gold. Dow Gold is USD price of 1 Dow / 1 ozt Gold. If Dow dividends were reinvested, the Dow side of the ratio would become greater than 1 Dow and the ratio would no longer be a 1:1 USD price ratio. Dow with dividends reinvested / 1 ozt Gold would not be a meaningful price chart. If you want to compare Dow and Gold as INVESTMENTS, just use a "What if I invested" calculator, pick a point in time to start your Dow with dividends reinvested and compare it to the USD performance of Gold over the same time frame. This is not what the Dow/Gold ratio is for. Dow/Gold is used as a long term trend signal to tell us when stock investments are expensive or cheap priced in non-depreciating wealth (gold).
I ran the IYY (iShares Dow Jones U.S. ETF) from its date of inception, June 16, 2000, investing the price of 1 ozt of gold that day ($289.25). The Dow 30 with dividends reinvested would now be worth $1716.99. So, gold has well outpaced the Dow 30 over the past 24+ years, even with Dow 30 dividends reinvested along the way! Interesting.
Yes brother, democrats and RINOs or Neocons. We know who they are by the wars they support. Trump was very anti war and his actions proved that. All of our current world problems could have been avoided if we didn’t accept the fake election of our current Neocons. Will be interesting to see how they will keep their positions in power and stop Trump this time🤔
Right on. There is SO much evidence that 9/11 was, AT THE LEAST, NOT what we have been led to "believe" (very similar to the 2020 "election"), yet we, as a Nation, just continue to live a "ho-hum, who is playing this weekend?" life.
Mission Accomplished - the vast majority are fat, DUMB, and mostly happy (apathetic) tax slave sheep ...
And now, the West has turned another card... and shown itself ready to kill on a much larger scale. Israel has taken warfighting (or murder, depending on which side you’re on) to a new level. Its assassinations, booby traps and bombings have shocked just about everyone. The leader of Iran has gone into hiding... and the rest of the world shivers in awe or fear.
Bill, you're full of bullshit on this one but then you have established yourself as a Jew hater so there's that. You should look into a vacation home in Iran. I'm sure they would give you a sweetheart deal. But as a preemptive advisory, in the end that pie may not taste so sweet. I'm pretty sure the Israelis are about to send Iran back to the Stone Age where they belong.
Stick to money. You're good at that. You suck at global politics.
Here we go again with the emphasis on the Dow/Gold ratio. I sure hope Bill and Tom are right about it's importance. However, if the value of the dollar falls dramatically, the only people that may be able to afford to buy stocks will be the top 5% or less, when their "precious" Dow/Gold ratio reaches that magical number. Oh darn, I forgot. This time, the markets will rhyme with pass markets. Again, let's pray they are right.
The Dow/Gold Ratio theory is great for those who have abundant resources to ride the 30-60-90 Trend Wave. I call this "Living Money" vs. "Playing Money". Most people have not enjoyed that luxury through time. Some have and do, and bully for them. I have been hanging around Bill Bonner World since the 90s, not because I am an investor, but because I liked his ideas and his ability to pick up on trends, and his wry humor has always been entertaining. His politics are, well, his politics, just as my politics are mine. Best always. PM
Best thing for the American people is to stay out of war.
For all people and nations to stay out the war. No money, no support, no war.
There is no such thing as a "winnable" war. If one nation blows its competitor-opponent into the Stone Age, the conqueror becomes responsible for the conquered's welfare and restoration. If the conqueror shirks that obligation, another nation (or coalition of nations) will pick up the slack in some form or another. If the conquerer merely absorbs the conquered into his system/sphere of influence, his overhead increases there as well. This idea was best expressed in the slogan popular under Bush 43, "You can win the war, but you can't win the peace." At some level, maybe intuitively and maybe consciously, and somewhat unwillingly, we learned this lesson in WWII, and ever since, we have fought "police actions" instead of wars, seeking not to destroy or conquer, but merely discipline. The approach/policy has been an expensive, disastrous failure. The Romans did succeed in literally wiping Carthage off the map, but did that "success" solve/eliminate Rome's problems? Best always. PM
Wiping Carthage off the map solved the Romans problem for centuries. In fact, that problem never came back.
How long do you think it takes to declare victory?
Yes, you are correct; it solved an immediate problem, which was eliminating a competitor. We have done the same thing. As a result of WWII, especially the way it ended in Japan, we eliminated all competition, which gave us a skewed perspective on our role in the world and what we could or could not do; in fact, it encouraged us to think that the rules didn't apply to us. Soon we were overextended, and the answer was not to change our thinking or adjust our policies, but to spend money we didn't have, until we are $35 trillion in debt. Rome got the idea it was not only invincible but infallible. The "centuries" to which you allude are due to the fact that the world didn't move as fast in the days of Rome as it does now, so our catastrophe is upon us sooner. Thank you for your response. Engagement is always good. Best always. PM
Depends on your definition of winnable. A few nukes launched by either side will end the war, and make restoration, a non-issue. As no one will want to venture into the fallout zone. For a few hundred if not thousand years.
True, but in a limited context. After we've nuked every habitable space, then what? Best always. PM
Even with thousands of nukes, not every habitable space will have been targetted. The fallout may blanket most parts of the planet, but life will continue. Check out "habitable zone Chernobyl" for life after radiation. Or better yet, hop on a plane/train and visit mankind's best works in Hiroshima, Nagasaki for some first hand evidence.
And civilization as we know it, will start over. First on the agenda? Weapons of deterrence.
Civilizations will always rise and fall, nukes or no. That's the essence of my argument. Bombs aren't going to change that. Best always. PM
"Manpower and determination beat techpower. "
Wise words for the dimocrat/communists and our "leaders" to remember when they:
A. Succeed in killing Donald Trump
B. "Successfully" steal the Presidency in November.
Either circumstance is going to result in a YUGE blowback/shitstorm that they are currently counting on Law Enforcement and likely elements of our Military to be able to quell. It ain't gonna happen like they think.
ProTip: Hey Joey, your F-15's aren't going to be the gamechanger you think they are.
PS - I feel like I have to share this. On the suggestion of a friend I downloaded an app called RedAlert. This is an app that sends out text warnings when Hezbollah (or in the past, Gaza) launches rockets into Israel. Typically there is less than 2 minutes to get into a bomb shelter once the alert is received. The alerts come out with the towns listed where the Rockets could potentially land, and there are maps that show any rockets that actually hit the ground and explode, based on each warning that goes out. The reason I'm writing this here is because the last 48 hours have been a complete eye opener for me. My phone literally goes off nearly nonstop in the early evening and the very early morning hours. Dozens of Alerts in the last TWO DAYS. And this after the leadership of hezbollah has been decimated. It's astonishing to me to think that were I in Israel right now, potentially my life would be at stake every time the alert comes in. What a horrible way to be forced to live. It's become very clear that unless you are in Israel, you have no idea the threat that they live under. I invite you to download the link from any App Store and just leave it on your phone for a few days. In all likelihood it will change how you view the current situation around Israel and the Middle East. At the least, check this site to see what has been going on in the last 24 hours:
https://www.tzevaadom.co.il/en/
Which is why they have every right to defend themselves. And if they are too heavy handed it will be on their heads, which is why we need to stay out of it.
The Iron Dome is definitely doing its job well, and it will be interesting to see if an Iranian Ballistic will be “Allowed” through the Dome to escalate the situation or taken out to prove their ability🤔
100% on the money, Brother Steve.
ALL, and I do mean ALL, is deception at this point...
PS - Brother Mark has tried to keep me updated as to your status re. Helene. I hope you and all of yours are safe and well, and that you didn't suffer too much property damage...
God Speed, bro. I'm praying for you and everyone around you...
I’m praying for everyone my brother 🙏 as we may be witnessing the beginning of WWlll…” Iran has fired hundreds of ballistic missiles at Israel as civilians rushed to shelter sites across the country.
Videos on social media showed missiles or shrapnel hitting Tel Aviv and other population centers. Impact sites have been reported in Tel Aviv, near the Dead Sea, as well as in the south and in Sharon.
Sorry for the delete, that was between you and I brother 😊
🙏
The premise of the Dow/Gold ratio is that gold is a constant (k). I have sold physical gold many times since 1980, sometimes for outrageous (comparatively) amounts, and other times for disappointing amounts. In every instance, I wish I had not sold. Why? Because I had to buy it back when I could, or suffer permanent reduction in personal capital, and when I had the ability (cash on hand) to "reload", the situation "on the ground" was not always (meaning: seldom) favorable. The problem, as I see it, is lack of flexibility in response to circumstances for the "average" man. My creditors and my obligations/infrastructure failure never said to me, "We understand that you can't pay right now, because the 'timing' isn't favorable. We'll wait until the arrangements are more favorable to you." Even though the Dollar is essentially worthless, it's still the "coin of the realm", and as such, a participant in the "system" needs "cash" to negotiate the maze, and he/she needs it at the ready and in ever-growing quantity. Best always. PM
Hi PM -
Like you, I also have never NOT regretted selling physical Gold. And pretty much ALWAYS ended up buying it back.
It sucks that sometimes Life needs cash-on-hand - unfortunately...
………Amen….,,,,
I've been hesitant to post anything for a while. Here goes now. I've been thru death, disaster, disease, dishonestly of family and 'true friends', divorce, drouth resulting in disappearance of wealth and assets, but I perserve with the love of Christ in my heart. Pure bull-headedness, tenacity and intestinal fortitude have kept me going.
So I had checked cattle one day last month and they had held condition well regardless of the dry weather and limited grass. As I shut the gate and leaned on the pickup, I made a small prayer, "Lord, if you would like me to have more pasture for the animals in my care, send me a sign".
I drove down the road a quarter of a mile and there was a sign in the ditch...it said 'Land for Sale'.
Not wishing to disappoint the good Lord, I pulled the phone out and called the realtor. I said, "Consider it sold". He said, "I just put the sign out". I said, "Are you a sign hanger or a realtor?"
Considering that this property is surrounded by big operators that can and will cut a check in a New York second, I knew I had one quick instance to make the deal. Screwing around with bankers for getting the funds would be 'iffy', considering that that it would take time, aggravation and disappointment (since I had been told during a recent unpleasant divorce that my finances showed the 'Hooker formation'- no visible signs of support) I went another direction .
I cashed in enough precious metals to put the total amount in the abstract companies escrow account.
My question then is: while my head says it is the right thing to do, my heart says it is the right thing to do and I'm sure the cattle says it is the right thing to do...I would entertain the opinion of those more world-wise and experienced than me to counsel.
Is this time to exchange precious metals for real estate?
Not the worst time for sure, especially since you bought land which can not only hold value or generate gains but can also feed your cattle. Gold is at an all time high, you still have gold in your portfolio and neither you or the cattle can eat the gold. Good luck to you.
I would say no. I've been I've been selling off rental properties since 2017. Possibly you're a pc of land is different Because of farmland use I used to have this conversation with my father Before he passed, With these pigs in charge You don't know whether it's a good idea to buy another rental property, , A share of Exxon. Et cetera. Follow your gut
Bill: Your sentiments on war are well known to your readers, and generally I think we all agree with your perspective that war is terrible and should never happen. Nor, should anyone support war as a solution. Not speaking for anyone else, I agree fully. However, I see a dilemma with your “pie-in-the-sky” approach to the Middle East conflict. The muslim-based countries [some not all] hate Israel and the US and want to destroy them. They cannot be persuaded to not hold this hatred, and they cannot be persuaded to stop trying to kill Israel or the US. We are isolated by our oceans [negated by our open border] so we don’t have the daily fear of being killed by the Muslims. Israel, however, has no such isolation; therefore, they live in fear EVERYDAY that they will be killed by a religious zealot or hateful government. There is no need to point out to you the thousands of attacks against Israel, and hundreds of thousands of attacks thwarted by Israel. That threat hangs like the sword of Damocles over Israel’s citizenry. Would you live like that, or would you like your grandchildren to live like that? Of course not. So, why should the Israels? If one is confronted by a mad dog, one has only one choice - kill it. Israel can live in peace with its neighbors. It has proven that. Further, Israel has asked for peace from its enemies, but has not gotten that. Until Israel’s enemies stop trying to kill it, there will be war in the Middle East. Blaming them for what is happening in that part of the world is like blaming the dog-bite victim who killed the mad dog.
Just got the news of a Ballistic Missile attack Eminent on Israel now…guess we can forget Peace in our time…thank you democrats for supporting the freaks of war. Like terrible storms, elections also have consequences 🤔
Bill, I have been faithfully reading your daily blogs from France, Ireland, Argentina, Baltimore and wherever else on the Globe you may roam over the last few years, and I am impressed with your knowledge of history and didactic prose. But, I'm getting a little tired of your incessant negativity. Do you ever have a positive thought in your brilliant mind.
Regarding your most recent writing, what do you want Israel to do. Sit back and be annihilated by every antisemitic terrorist organization in the Middle East that wants to kill or subjugate all the Jews it can get their hands on.
The problem with the present feckless administration is they think the way to wage war is only to defend yourself and then declare a cease fire before you have a chance to go on the offensive to decisively defeat your enemy. How would that have worked out with the Germans and Japanese in WW II. We would still be fighting the Nazis and the Japanese Empire.
Biden/Harris/Blinken naively think a cease fire will lead to a 2-state solution. That's nonsense. Ask the PA or Hamas if they even want a 2-state solution (rather than asking Israel to settle for one) and they will never ever agree. They want a 1-state solution, all Muslim. They have been offered a 2-state solution on a silver platter 3 times over the last 25 years with Israel making all the concessions and they do not even counter-offer. They are afraid that if Israel agreed to a peace deal they offered, which has to include by definition a Jewish state, their leader would be assassinated.
I find it interesting that so many people picture Israel as the victim. Here's an interesting essay about David Green who changed his name to David Ben Gurion and became the first Israeli Prime Minister. Seems he was a stone cold racist who believed that clearing Palestine of the Palestinians was morally justified. https://www.euppublishing.com/doi/full/10.3366/hlps.2023.0308
Cartero. I did not bother to read the pc you posted, But I do know you will not be well received here 😂😂 I am with you sir, there are 2 sides to every story.
"But street fights with cheap-tech, decentralised ‘terrorists’ produce casualties, and no clear path to victory."
Likely coming soon in the good ol' USSA?
Substitute 'terrorists' with 'citizens', of course...
Losing a war you didn’t start is hell. Perhaps even extinction. Perma wars or wars to “change hearts and minds” are boondoggles for the military industrial complex. No war would be swell. Absent the rewriting of humans, winning wars initiated against you is the best possible outcome, and by no means the most costly option. Israel is now leading the way. America is following. Bonner continues to fart from his mouth.
The phrase "you are either with us or against us" was used by Bush a number of times. The earliest that I can find some semblage of it in the media was on September 20, 2001 when he addressed congress on "Terrorism."
https://www.presidency.ucsb.edu/documents/address-before-joint-session-the-congress-the-united-states-response-the-terrorist-attacks
" Every nation, in every region, now has a decision to make: Either you are with us, or you are with the terrorists. From this day forward, any nation that continues to harbor or support terrorism will be regarded by the United States as a hostile regime."
I swear I heard him say those words "you are either with us, or against us" in the rubble of the twin towers in the days following 9/11, but I can't find the video or transcript.
Yet.
Yes he said that phrase many times which insulted me because I’m entitled to straddle a position while gaining an understanding. Unfortunately the western powers had made many enemies in the Middle Eastern oil patch over the years while they stomped around since the end of WWI, ~ 1918.
Found one rubble 9/11 video. Nothing about with us or against us. Just the bit about the "world hears you."
https://www.youtube.com/watch?v=OkvsjOEzhzQ&ab_channel=ABCNews
There are not two sides here, there are three. East, West and the religious fanatics that demand we all become religious fanatics. Unlike Orwell's masterpiece, there is not two against one here. Each are directed against each other. How will it end - badly.
Tom: Does the Dow in the Dow/gold ratio contain dividends?
Unwinnable war seems to be the only kind we have experienced in the last 40 years. Someone of wisdom might consider this when getting into the next one, someday. On the other hand nothing like a good scapegoat for any story. The Democrats and Republicans just can't afford to stop killing people when they have great excuses to come up with for retaining their power.
I am not Tom, but I have thought about the Dow dividends in relation to Dow/Gold. Dow Gold is USD price of 1 Dow / 1 ozt Gold. If Dow dividends were reinvested, the Dow side of the ratio would become greater than 1 Dow and the ratio would no longer be a 1:1 USD price ratio. Dow with dividends reinvested / 1 ozt Gold would not be a meaningful price chart. If you want to compare Dow and Gold as INVESTMENTS, just use a "What if I invested" calculator, pick a point in time to start your Dow with dividends reinvested and compare it to the USD performance of Gold over the same time frame. This is not what the Dow/Gold ratio is for. Dow/Gold is used as a long term trend signal to tell us when stock investments are expensive or cheap priced in non-depreciating wealth (gold).
I ran the IYY (iShares Dow Jones U.S. ETF) from its date of inception, June 16, 2000, investing the price of 1 ozt of gold that day ($289.25). The Dow 30 with dividends reinvested would now be worth $1716.99. So, gold has well outpaced the Dow 30 over the past 24+ years, even with Dow 30 dividends reinvested along the way! Interesting.
"The Democrats and Republicans just can't afford to stop killing people..."
Including Citizens...
Yes brother, democrats and RINOs or Neocons. We know who they are by the wars they support. Trump was very anti war and his actions proved that. All of our current world problems could have been avoided if we didn’t accept the fake election of our current Neocons. Will be interesting to see how they will keep their positions in power and stop Trump this time🤔
They can't stop funding their "handlers" (military industrial complex) as they know if they object, their families suffer the consequences.
Hi Luke -
Agreed that is a part of it. The 4k color videos (with sound) of them diddling children likely plays a role as well...
You mean like this one? At 4:30 GW Bush admits that operatives planted explosives in the towers.
https://www.youtube.com/watch?v=lSlH-MZ9J6M&ab_channel=APArchive
Right on. There is SO much evidence that 9/11 was, AT THE LEAST, NOT what we have been led to "believe" (very similar to the 2020 "election"), yet we, as a Nation, just continue to live a "ho-hum, who is playing this weekend?" life.
Mission Accomplished - the vast majority are fat, DUMB, and mostly happy (apathetic) tax slave sheep ...
Mister star. Anybody who doesn't know it was inside job by now is just lame.
And now, the West has turned another card... and shown itself ready to kill on a much larger scale. Israel has taken warfighting (or murder, depending on which side you’re on) to a new level. Its assassinations, booby traps and bombings have shocked just about everyone. The leader of Iran has gone into hiding... and the rest of the world shivers in awe or fear.
Bill, you're full of bullshit on this one but then you have established yourself as a Jew hater so there's that. You should look into a vacation home in Iran. I'm sure they would give you a sweetheart deal. But as a preemptive advisory, in the end that pie may not taste so sweet. I'm pretty sure the Israelis are about to send Iran back to the Stone Age where they belong.
Stick to money. You're good at that. You suck at global politics.
I hope this helps.
Bill, you might have missed your calling. You should have been a General.
Here we go again with the emphasis on the Dow/Gold ratio. I sure hope Bill and Tom are right about it's importance. However, if the value of the dollar falls dramatically, the only people that may be able to afford to buy stocks will be the top 5% or less, when their "precious" Dow/Gold ratio reaches that magical number. Oh darn, I forgot. This time, the markets will rhyme with pass markets. Again, let's pray they are right.
The Dow/Gold Ratio theory is great for those who have abundant resources to ride the 30-60-90 Trend Wave. I call this "Living Money" vs. "Playing Money". Most people have not enjoyed that luxury through time. Some have and do, and bully for them. I have been hanging around Bill Bonner World since the 90s, not because I am an investor, but because I liked his ideas and his ability to pick up on trends, and his wry humor has always been entertaining. His politics are, well, his politics, just as my politics are mine. Best always. PM
Last 3 sentences nailed it, PM...
Perfectly said.