I live in a 4 story mansion, drive a Rolls Royce, just came back from a 3 week Alaskan cruise, and have $350,000 in credit card and loan debt, not including my monthly mortgage and car payments, and my monthly family health insurance premiums.
I am fixing to buy the new $1,400 iPhone and refinancing my mortgage at a cool 8%.
Tonight I am going to treat my family to a fancy T-Bone steak dinner at the Royal Cuisine.
I am up to my eyeballs in debt, with no end in sight. That’s not including what I spend on my mistress and secrete alimony payments I have to make to my love children.
American Express just gave me a $75,000 dollar credit line increase and I am rubbing my hands together thinking about what I can spend it on!!
I would pick the one and only Quaker Oats, half-way house, bobo kook basket case, looney tunes, rocking chair, banana bonkers, crack pot, ape shit, deranged lunatic crazier than a run-over dog Robert F. Kennedy Jr. as my running mate!
Not a dream brother, but the typical life of the average new world order, or Chinese ordered anti-American politician(and their families too). So many out there to choose from...just go to any democrat run city/state/nation...;/
Our economic situation has been long time coming. You don't need to read the "tea leaves" to figure it out. Quit buying things that you really don't need, go on expensive trips that you can't afford or just buying things because it would be nice to have. Try saving some money. I know it sounds cliche
but it works. We have been through this same situation before. Will we ever learn?
Poor and Tragic? Our fearless leader is going to make sure every American has a shot of a known toxic vaccine, that will zombify, and make all good followers just like Joe, For Free!...and if that doesn't work, he now wants to make sure there is a chicken in every pot...Sorry, I meant Pot in every pipe...Smokin Joe says it's all cool man...Keep your people drunk, keep your people stoned, let them all get high, and they will all be owned...
SL: Why do you make statements that you know are untrue? It's just a poor reflection on you. You are smarter than that! Just because you don't want a Democrat as President; this is reality. Maybe you will have better luck in the next election...just hope it's not Trump.
What I get a kick out of is we know what goes on and why and we know how to fix it. We also know with absolute fact that the Rich men North of Richmond will not fix it and they keep getting elected. What a country!!!
How do we eliminate elitest professional elected politicians and replace them with constitution centric representitives who are willing to do what their platform got them elected to do? To rewrite the laws that protect the elected and not the electorate. It goes on and on....
I knew this day would come with the change of our voting machines. America is at a crossroads now, and probably can never come back, due to the power of our Chinese controlled media and government.
All we can do as American's, is try to organize as well as the communist. Very tough to do, as we have families, jobs and beleif's, meaning way too much to lose. The anti-American, communist, mentally ill counter force are so mentally and morally corrupt, they have nothing to lose, as they loathe themselves as much as the nation that gave them so much, including the right to despise her.
Hey Rich. Take heart. I fully believe when does bankrupt country goes under things will be different. When the dollar dies we simply cannot afford the welfare and warfare state. I believe we will see local regional economies.
The feds in my opinion would not have the control to regulate the country the way we are now. All the inspectors and government mooches will lose their jobs. I also believe to get their millions will die in this country in the upheaval come. If I were you, I would brace for impact. And then pray.
We started a business in Stockton, CA in 2009. The parking lot in front of our leased building served as the collection point for a car repo company. Every day for about 2 years, one to three trailer loads of cars left the lot. BMW's, Cadillacs, Lincolns, Audis and everything else, mostly 1 - 5 years old. Repeat underway?
Let's look at this "inflate or die" proposition from a different angle. There are two kinds of debt: that which must be repaid, and that which will not be repaid. The debt incurred by those who are serfs in the system are the "owners" of the debt which must be repaid. That debt will "die", along with the "owners" of that debt. The debt incurred by those who own the system, the lords, so to speak, in this feudal arrangement, will continue to see their debt devalued by inflation, until it is eventually transferred to the serfs for liquidation, whereupon the serfs die again, and this time, thoroughly. Look on the bright side: at least the serfs get a "discount"! It is ineluctable: we shall own nothing and like it. At some point, seeing an "under-served" market, there shall come a new creditor along, and the cycle is reborn. There is nothing new here. Best always. PM
Last sentence of yesterday's piece: "Tomorrow, we’ll look at why Nigeria and the US are still in the air."
Instead today was a "quick update" mostly about growing debt stress. Bill is a wonderful writer and I find benefit in his perspective on whatever he chooses to write about. I do not understand, however, why he often writes as though there is some kind of serialization or day to day continuity, when there isn't any?
The Tranny Economy is on the wrong side.
I live in a 4 story mansion, drive a Rolls Royce, just came back from a 3 week Alaskan cruise, and have $350,000 in credit card and loan debt, not including my monthly mortgage and car payments, and my monthly family health insurance premiums.
I am fixing to buy the new $1,400 iPhone and refinancing my mortgage at a cool 8%.
Tonight I am going to treat my family to a fancy T-Bone steak dinner at the Royal Cuisine.
I am up to my eyeballs in debt, with no end in sight. That’s not including what I spend on my mistress and secrete alimony payments I have to make to my love children.
American Express just gave me a $75,000 dollar credit line increase and I am rubbing my hands together thinking about what I can spend it on!!
Hahahahaha! J/K 😂😂🤣🤣
Damn Egypt! You should run for president of this bananna republic! You would fit right in:)
No kidding! 😂
I would pick the one and only Quaker Oats, half-way house, bobo kook basket case, looney tunes, rocking chair, banana bonkers, crack pot, ape shit, deranged lunatic crazier than a run-over dog Robert F. Kennedy Jr. as my running mate!
I bet Mr. Bonner would love that!
Hahahaha!!!😂
And of course, the saint Hunter Biden as your marketing strategist and top advisor 🤔 if you could afford him 😂🤣
LOL!
That would be like living the dream! A life full of sex, drugs, and money! Rock and Roll! 😂
Not a dream brother, but the typical life of the average new world order, or Chinese ordered anti-American politician(and their families too). So many out there to choose from...just go to any democrat run city/state/nation...;/
SL: Hate to bust your bubble, but the Republicans are way ahead of anyone else in this endeavor.
😂😂😂😂😂😂
Our economic situation has been long time coming. You don't need to read the "tea leaves" to figure it out. Quit buying things that you really don't need, go on expensive trips that you can't afford or just buying things because it would be nice to have. Try saving some money. I know it sounds cliche
but it works. We have been through this same situation before. Will we ever learn?
What makes you think we're not already doing that? We have to cut corners to pay for our BPR subscription.
Very good article. Unfortunately also very sad that our country administration is in such a poor and tragic state.
Poor and Tragic? Our fearless leader is going to make sure every American has a shot of a known toxic vaccine, that will zombify, and make all good followers just like Joe, For Free!...and if that doesn't work, he now wants to make sure there is a chicken in every pot...Sorry, I meant Pot in every pipe...Smokin Joe says it's all cool man...Keep your people drunk, keep your people stoned, let them all get high, and they will all be owned...
SL: Why do you make statements that you know are untrue? It's just a poor reflection on you. You are smarter than that! Just because you don't want a Democrat as President; this is reality. Maybe you will have better luck in the next election...just hope it's not Trump.
What I get a kick out of is we know what goes on and why and we know how to fix it. We also know with absolute fact that the Rich men North of Richmond will not fix it and they keep getting elected. What a country!!!
Again I ask: Any Ideas??
We all know what needs to be done, but as long as the powers keep us deplorable's entertained, the show will go on...
How do we eliminate elitest professional elected politicians and replace them with constitution centric representitives who are willing to do what their platform got them elected to do? To rewrite the laws that protect the elected and not the electorate. It goes on and on....
I knew this day would come with the change of our voting machines. America is at a crossroads now, and probably can never come back, due to the power of our Chinese controlled media and government.
All we can do as American's, is try to organize as well as the communist. Very tough to do, as we have families, jobs and beleif's, meaning way too much to lose. The anti-American, communist, mentally ill counter force are so mentally and morally corrupt, they have nothing to lose, as they loathe themselves as much as the nation that gave them so much, including the right to despise her.
You are correct. I just hate that I have to leave this failure to my grand kids. It make me feel emasculated.
Hey Rich. Take heart. I fully believe when does bankrupt country goes under things will be different. When the dollar dies we simply cannot afford the welfare and warfare state. I believe we will see local regional economies.
The feds in my opinion would not have the control to regulate the country the way we are now. All the inspectors and government mooches will lose their jobs. I also believe to get their millions will die in this country in the upheaval come. If I were you, I would brace for impact. And then pray.
We started a business in Stockton, CA in 2009. The parking lot in front of our leased building served as the collection point for a car repo company. Every day for about 2 years, one to three trailer loads of cars left the lot. BMW's, Cadillacs, Lincolns, Audis and everything else, mostly 1 - 5 years old. Repeat underway?
Just read interesting article from Kitco commodities on the positive future of gold.
https://www.kitco.com/news/2023-08-29/BRICS-will-break-the-dollar-and-usher-a-return-to-gold-Mises-Institute.html
...and yet, the market rally continues!
With all the negative press, it should continue.
Let's look at this "inflate or die" proposition from a different angle. There are two kinds of debt: that which must be repaid, and that which will not be repaid. The debt incurred by those who are serfs in the system are the "owners" of the debt which must be repaid. That debt will "die", along with the "owners" of that debt. The debt incurred by those who own the system, the lords, so to speak, in this feudal arrangement, will continue to see their debt devalued by inflation, until it is eventually transferred to the serfs for liquidation, whereupon the serfs die again, and this time, thoroughly. Look on the bright side: at least the serfs get a "discount"! It is ineluctable: we shall own nothing and like it. At some point, seeing an "under-served" market, there shall come a new creditor along, and the cycle is reborn. There is nothing new here. Best always. PM
Sounds like the economy’s already picked a way to go Down, and more down!
Last sentence of yesterday's piece: "Tomorrow, we’ll look at why Nigeria and the US are still in the air."
Instead today was a "quick update" mostly about growing debt stress. Bill is a wonderful writer and I find benefit in his perspective on whatever he chooses to write about. I do not understand, however, why he often writes as though there is some kind of serialization or day to day continuity, when there isn't any?
You make a good point.