So true HH - I used Biden as an Anaphora to avoid repetition. Yes the politicos are a disaster and have been for many moons; but I do believe, finally the time has come to pay the piper. Thank you for your support, I am most grateful.
He has satrapies in Europe and North America that do exactly what he says.
When he asked the EU chicken coop to commit suicide in UkroNaziStan, they did it without questioning his wisdom despite the fact that the entire world knows that he cannot even read a teleprompter!!!
Right on 'N' but I guess the whole Democratic cabal are involved and clearly the USA is fighting to save their hegemonic arse - ahem - status. But they won't win this time IMHO - Putin has them banged to rights - he knows exactly what he is up against. Fortunately I have readers in Russia and China who keep me well informed. We know who the Great Satan is - but few do, unlike your well-informed self.
"deflationary depression, high unemployment with lower goods and services prices" - highly likely. When income inequality gets to current levels, the people get motivated to make changes. Given how badly politicians have managed the pandemic, I have little hope of any competent action.
Seeing the decline in productivity and lack of desire to work for wages, the economy will struggle. Can the nominal 10% who really are productive carry the load? No clear way through the collapse of currencies given the debt bomb on nearly every government. What then?
All agreed HH. I describe a potential outcome in Chapter 13 but it's rather extreme for effect! My view is that we will witness a return to more local economies with short supply chains, local energy sources and far less central government interference as they get fewer taxes with the Producers engaging in black market operations which happened in the old communist economies of Poland etc.
AND - ZeroHedge today agrees with my assessments. The Europeans won't act to withdraw sanctions now because they are America's flunkey and The Great Satan can't risk losing, even if we all know they have already lost the geopolitical 3D chess game.
"Without government support, a large swath of the UK pub industry could be wiped out this winter. When will Europeans wake up that Western sanctions are completely backfiring and crushing their way of life at the expense of NATO's proxy war against Russia in Ukraine? "
Biden can run but he can't hide:
"The Layoff Tsunami Has Begun: 50% Of U.S. Companies Plan To Eliminate Jobs Within The Next 12 Months."
http://theeconomiccollapseblog.com/the-layoff-tsunami-has-begun-50-of-u-s-companies-plan-to-eliminate-jobs-within-the-next-12-months/?utm_source=substack&utm_medium=email
Agreed and I do follow Snyder - great facts reported and excellent article thanks 'N'.
It's not just Biden. A very plethora of incompetent politicians have lost the ability to lead.
So true HH - I used Biden as an Anaphora to avoid repetition. Yes the politicos are a disaster and have been for many moons; but I do believe, finally the time has come to pay the piper. Thank you for your support, I am most grateful.
Biden is the new Roman Emperor by the Potomac.
He has satrapies in Europe and North America that do exactly what he says.
When he asked the EU chicken coop to commit suicide in UkroNaziStan, they did it without questioning his wisdom despite the fact that the entire world knows that he cannot even read a teleprompter!!!
The Emperor Has No Clothes....
Right on 'N' but I guess the whole Democratic cabal are involved and clearly the USA is fighting to save their hegemonic arse - ahem - status. But they won't win this time IMHO - Putin has them banged to rights - he knows exactly what he is up against. Fortunately I have readers in Russia and China who keep me well informed. We know who the Great Satan is - but few do, unlike your well-informed self.
Best - Peter
"deflationary depression, high unemployment with lower goods and services prices" - highly likely. When income inequality gets to current levels, the people get motivated to make changes. Given how badly politicians have managed the pandemic, I have little hope of any competent action.
Seeing the decline in productivity and lack of desire to work for wages, the economy will struggle. Can the nominal 10% who really are productive carry the load? No clear way through the collapse of currencies given the debt bomb on nearly every government. What then?
All agreed HH. I describe a potential outcome in Chapter 13 but it's rather extreme for effect! My view is that we will witness a return to more local economies with short supply chains, local energy sources and far less central government interference as they get fewer taxes with the Producers engaging in black market operations which happened in the old communist economies of Poland etc.
I have written extensively about all this: https://austrianpeter.substack.com/p/the-financial-jigsaw-part-2-localisation?s=w
Even the HMG knows about this trend from their own report in April 2020 but buried in the morass as usual: https://committees.parliament.uk/writtenevidence/2791/pdf/
AND - ZeroHedge today agrees with my assessments. The Europeans won't act to withdraw sanctions now because they are America's flunkey and The Great Satan can't risk losing, even if we all know they have already lost the geopolitical 3D chess game.
"Without government support, a large swath of the UK pub industry could be wiped out this winter. When will Europeans wake up that Western sanctions are completely backfiring and crushing their way of life at the expense of NATO's proxy war against Russia in Ukraine? "
https://www.zerohedge.com/markets/doomsday-scenario-70-british-pubs-wont-survive-winter-power-costs-skyrocket