See other World News Articles
Title: 2021 Is Going To Be Rough!
Source:
[None]
URL Source: https://www.zerohedge.com/geopolitical/2021-going-be-rough
Published: Dec 20, 2020
Author: Tyler Durden
Post Date: 2020-12-20 14:37:37 by Horse
Keywords: None
Views: 1766
Comments: 20
Authored by Chris Martenson via PeakProsperity.com, I can’t wait to get away from Covid coverage. I’ve learned a lot, helped many, and yet I’m really anxious to get back to my main work in the world, which has to do with cultivating resilience. This has been a huge year for us here in the Martenson household. First, we moved right as Covid was breaking across the world. The closing date on our new 182-acre property here in beautiful Chester MA was January 28th. My first ALERT to the world about a mysterious virus was on January 23rd. From that date and for the next 6 months I was producing daily videos. Oh, and writing weekly content for the Peak Prosperity website. Oh, and moving. Oh, and assembling my first ever real estate syndication deal. Oh, and converting our new property to a working farm. That’s a lot of “ands” for a given year. Thanks 2020! But what 2020 had taketh away (visitors and travel) it also giveth – lots of time at the homestead. And not a moment too soon! Look, the world is an increasingly unstable place. It is absolutely correct and right that people should become more resilient. And that begins at home. Maybe even right on your own garden. If 2020 has done anything, it has normalized what was once ‘fringe” by making it completely obvious that the systems upon which we depend are rotten, unable to self-repair or reform, and therefore more fragile than we thought. Our national health “managers” are not leaders, and are completely unable to escape whatever conflicts of interest bind their tongues as well as their hearts. The political system is corrupt through and through and completely uninterested in any sort of introspection, let alone reform. I’ve had people tell me this was “the fairest election in recent US history.” I show them this map of Chicago’s 4th congressional district and ask them to point to its fairness so I can possibly see it: Squint though I might, I just can’t see it. Meanwhile the US Federal Reserve is busy exploding the currency supply as seen in this chart of M1: Unbelievable! As a reminder: M1 is the money supply that is composed of physical currency and coin, demand deposits (savings & checking), travelers’ checks, other checkable deposits, and negotiable order of withdrawal (NOW) accounts Looking at M1 in terms of its change from year ago levels makes it even more ridiculous seeming. The only possibly response here ought to be WTF? What could possibly be going through the minds of the Federal Reserve to justify this sort of monetary madness? One more way to look at this is in terms of a percent change from a year ago. How does M1 look under this condition? This is insane. Simply insane. On a percent change basis, the entire money stock of the US — which includes all of the money stock built up over its entire history — increased by 65.6%. In a single year!!! At the same time the US is doing the worst job out of any country in the world managing Covid. Simply terrible. Awful. Of course, as you probably know, I respect the hell out of Covid, but I don’t fear it any more than I fear the flu. Why? Because of Ivermectin, which has been overwhelmingly demonstrated to all but entirely block the transmission of the SARS2 virus as well as prevent the development of serious cases of Covid the disease. Nobody at the NIH is interested in this data for some reason. Fauci doesn’t care or want to hear about it. All the US medical establishment wants is a vaccine. That’s fine to an extent, but what about all the lives lost and ruined while we wait? Is there no accounting for them? How awful of the national health managers that they should not care about the most vulnerable, the weak, and the elderly. At all. The US Government is out of control in its spending, too: That gap between receipts and expenditures is as staggering as it is frightening. There’s just no possible way to get any of that back under control, especially not since 50% or more of small and medium sized bushiness (a.k.a. “the tax base”) have been destroyed for completely ill-advised and (as it turns out) completely unnecessary reasons — if only we had been using Ivermectin therapy and prophylaxis all along. Against this backdrop the US dollar is busy falling, as it should. There’s simply nothing good happening in the US at the moment that should support the dollar: But it’s well deserved. There really isn’t much going for the dollar right now. The terrible US economy is being destroyed by ill-advised policies and a horribly bad Covid response, out-of-control spending, and a print-happy Federal Reserve. Add it all up and you’ve got a lot of US dollars floating around. And a lot less to spend them on. So the dollar sinks. As the USD sinks, other assets priced in dollars rise. You know what else the dollar has been falling against all year? Good real estate property, stocks, bonds, gold, and many other hard assets. The press says they are “rising in price” but really it’s not that. It’s too many dollars seeking a place to hide out and be safe. The conclusion to all of this? The Logic Of Homesteading We’re entering a period of volatility and uncertainty. Like myself and my fiancée Evie, many have come to the (proper) conclusion that the best way to hedge their bets is to build up their homestead, and make it more resilient. We’ve really thrown ourselves at this project this year and it’s been both challenging and rewarding. Here on the day of our first and quite significant snowfall, it’s time to sit back, reflect on the mistakes and progress alike, and to share what we’ve done in case it helps to inspire or educate anyone. Make no mistake. You really should be thinking about growing your own food and building your soil, too. If any of the events outlined in The Great Reset come to pass, being as close as possible to your food production seems like a solid plan. The closer the better. This Saturday, December 19th 2020, from 12:00 EDT to 1:30 EDT, Evie and I will be hosting a live webinar for any Peak Prosperity premium subscribers who wish to join us and ask us anything at all about our projects here at Honey Badger Farms. If you’re currently a PeakProsperity.com premium subscriber, click here to register for the event (it’s free to you). Don’t worry if you can’t make it live. A replay video of the event will be sent out to everyone who registers. We’ll also post it in the premium section of the PeakProsperity.com website. So if this live Q&A with my fiancée and me is the inspiration you’ve needed to subscribe to Peak Prosperity’s premium service — which costs less than $1/day — click here to Enroll now. Like Bitcoin. Congratulations Bitcoin Hodl-ers! (that stands for Hold On for Dear Life Poster Comment: Unfortunately, he does not know we just entered a Grand Solar Minimum and he is too far north to get a fair growing season.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: Horse (#0)
Yes, and it's when all this money starts getting spent again -- the velocity of money starts going up -- is when inflation starts to kick in with a serious attitude. I said 30-40% money growth, but Martenson says 65%. And there's another stimulus about to come out. A silver lining for a Biden win -- He'll be blamed for the enormous inflation instead of Trump. Even though, yes, Trump failed to see this as well. Of course all of Congress is behind it as well, so Trump had little ability to say no. The real solution is a massive cut in spending and paying down the debt, but that won't happen. Yes, crypto, gold and silver are the way through this mess. Not dollars.
SOCKDOLAGER—A Tale of Davy Crockett, Charity and Congress CONgress is just as spendthrift as ever, if not more so. ;) "When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
Davy Crockett bump
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
That should be damned interesting. Or tedious. Hell, I'm just an ex- wrench, I shouldn't even know words like that. I did have fun with the Marine and Army today, I feel pretty good, except for the pain. Merry Christmas, 4um. Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Time to hit the MD 2020. Cheers, all.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
And the IRS will tax every dime you make in profit if you have Crypto
"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist
Oh God no, I'm not in my 20s anymore. Hell, I just figured out why Jerimiah Weed bourbon is so nasty, It's a 100 proof, bourbon licquor. "Lysol and alcohol with a touch of gasoline" and a bunch of sugar. Puked up enough of that back in the day. I wonder what my old man (d. 1976) would've thought about me. He died at his desk at Magnavox, about a half mile from where I live, fighting the commies in the "Cold War". 1983 would've killed him, damn near did me. Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Yes, it would be a tax on people who have preserved their spending power in the face of substantial inflation.
On that amazing note I'll head out for the final Pall Mall of the day. Rest well all. “The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
OK, so how do you get money INTO BitCoin? Give them your bank acct #?
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Covid. :P Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. from hospitalhealthcare.com research Indeed, early reports from China on the clinical characteristics of patients admitted to hospital with COVID-19 found that the proportion of smokers was less than expected based on the estimated prevalence of smoking in the country which is 27.7%.2 For instance, in one study, the proportion of smokers was found to be considerably less than the average at 1.4%3 and while higher at 7% in another study,4 this was still lower than the average. Since these early reports from China, several other studies from different countries have also demonstrated that a lower than expected number of smokers have been hospitalised with COVID-19. In a study of those hospitalised with COVID-19 in New York, the prevalence of smokers was 5.1%5 which is less than half of the most recent estimate of the overall US smoking prevalence of 13.7%.6 Similarly, a retrospective analysis of 441 patients admitted to a hospital in northern Italy, found that less than 5% of patients were smokers, compared to an estimated age-adjusted prevalence of 14.9%.7 In a study of 340 patients in a French university hospital, it was found that 6.1% of patients were smokers compared to a population rate of 25.4%.8 Finally, in a yet to be peer-reviewed meta-analysis of available studies, Spanish researchers calculated that smokers were statistically less likely (odds ratio = 0.18, 95% CI 0.14 – 0.23) to be hospitalised for COVID-19.9 “The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
Maybe it's because smokers don't believe all the panic BS and don't go get vaxxed every year and don't destroy their immune systems? I dunno, I'll think about that.
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Oh, hell no. The quickest way to get some claim to it is to go to an exchange and buy some with a credit/debit card. coinex.com is pretty good, binance.com is more reputable but costs a little more. You open an account there in the normal fashion and after you do, you go through the pages to buy crypto. You specify how much and do the purchase as you would buying anything else. At that point, you'll have crypto in your account with that exchange. But you really want the crypto in your own wallet, not on the exchange, as if it's on the exchange then you are trusting the exchange to keep it safe. If they go out of business, you lose your crypto. So you want it off of there. So you need a wallet on your computer, tablet or smart phone. I recommend people get an old laptop, put linux on it, put the wallet on it, and use that laptop for absolutely nothing else. If it has a near dead battery, so much the better. Download a wallet... Jaxx Liberty or Atomic are good choices, and once you do that, you can then xfer your crypto on the exchange to that wallet. At that point, the crypto is in your control and no one else's. There are plenty of details but that's the gist of it. It should be understood that the crypto "wallet" on your computer isn't really a wallet in the conventional sense. A conventional wallet, if lost or destroyed means the money in it is also lost or destroyed. But that's not so with a crypto wallet. A crypto wallet is actually a key to a digital vault on the internet, and it can be memorized in the form of 12 unique but common words. If your computer is destroyed or stolen, you can recreate the "wallet" on another computer with those 12 words and then you have restored your access to your crypto. If anyone is serious about that I can give a lot more info and assistance. I think crypto is the future.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
Could be the tobacco lining the lungs acts as a prophylactic in killing the virus, or preventing it from entering the bloodstream so easily.
The money exchanges usually came with some huge interest penalty. Maybe it's different now, I doubt it. I don't have a tablet, probably never will, every time I learn how to use my phone, they update it and I can't figure out anymore, I'm doing OK on a computer, probably due to my FORTRAN training which is so handy 40-some years after the fact. This is all above my pay-grade, which is now 0.0. When you move in with me, I'll give you $100,000 to play with. I still remain unconvinced. Hell, I'm a dinosaur that's too stupid to lay down. Maybe. I see somebody/others with their hands on the rug waiting to jerk it out from everybody. Old habits die hard. I'll need to sleep on this some more. Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Buying crypto with a CC costs about 3.5%. An old laptop or tower PC would work fine. The beauty of crypto is it's decentralized. There is no place to raid to shut the whole operation down. Most crypto is decentralized, at least. That's what I call "free market" crypto. Bitcoin and most "major alt" coins are free market. One crypto is called Tether which guaranteed to be worth $1/coin by the issuing company. That is centralized, so if the company fails, all the Tether tokens thoy've issued go to zero instantly. The Fed Reserve is working on one, which would obviously be centralized. The US dollar is largely digital already with only about 3% of all dollars in existence being in paper or coin form, but the Fed Coin (motto: One Coin to Rule Them All) would be a token like Tether, and it would be treated just as the dollar is treated. Mass printed for various control purposes, funds tracked and suspended and all that. It's the antithesis of a limited issue, free market decentralized cryto they cannot control at all. Sure, think on it.
I have a cousin named David. We were room mates for a couple of years in suburbs. When we moved out of where we were living, the management company kept $200 of our security deposit. The "white witch" said, "We didn't paint the place and we left trash in there. She was full of it up to her eyeballs. We had to sue the management company to make things square. The cost of filing on them was included in the settlement. They paid up too. My cousin's CB Handle was Davy Crockett. The last I heard he had a single bypass and then had a stroke. Now I hear he is in a wheel chair. He used to deliver propellers for a company out at Palwaukee Airport in NW suburban Wheeling. There was also a tomato farm out there which is now long gone. There were shacks out back for migrant workers when the harvest was in full swing. My Mom and I would go out there with the Chevy Biscayne to pick them. We would pick three bushels and put them in the back seat of the car. The owners of the farm wanted to look in the trunk. The old man was such a cheapskate he wouldn't give us a key for the trunk. We told them we didn't have a key and they thought we were stealing tomatoes. I am lucky to recall any of this stuff since it happened so long ago. ;) "When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
Covid. :P "When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
#2. To: Pinguinite (#1)
(Edited)
Congress is behind it
#3. To: BTP Holdings (#2)
#4. To: Lod, 4um (#3)
2020 is going to be old enough to drink in a few days.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#5. To: Esso (#4)
#6. To: Pinguinite (#1)
#7. To: Lod, 4um (#5)
Time to hit the MD 2020.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#8. To: TommyTheMadArtist (#6)
And the IRS will tax every dime you make in profit if you have Crypto
#9. To: Esso (#7)
#10. To: Pinguinite, 4um (#8)
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#11. To: Lod, 4um (#9)
...the final Pall Mall of the day.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#12. To: Esso (#11)
smoking seems to reduce wuflu risk
#13. To: Lod, 4um (#12)
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#14. To: Esso (#10)
OK, so how do you get money INTO BitCoin? Give them your bank acct #?
#15. To: Esso (#13)
here's the exact link if you want to drill down deeper on how nicotine may provide the protection
#16. To: Lod (#12)
the proportion of smokers was less than expected
#17. To: Pinguinite, 4um (#14)
...buy some with a credit/debit card.
So you need a wallet on your computer, tablet or smart phone.
I think crypto is the future.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#18. To: Esso (#17)
The money exchanges usually came with some huge interest penalty. Maybe it's different now, I doubt it.
I see somebody/others with their hands on the rug waiting to jerk it out from everybody. Old habits die hard. I'll need to sleep on this some more.
#19. To: Lod (#3)
Davy Crocket
#20. To: Esso, Lod (#11)
...the final Pall Mall of the day.
Top • Page Up • Full Thread • Page Down • Bottom/Latest