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Is this the end of the government's money monopoly? Very likely so, but the unfolding of this reality will be clocked in years or decades.

Lower labor force participation is certain to have an effect on GDP numbers. Supply chain snarls add to it.

The financial markets seemed pretty rickety yesterday and probably prompted millions to check in on their 401K’s unimpressive results. It becomes a real source of frustration for people, even as...

The executive elite all wish today that they have the fame, glory, and riches of Musk. He has shown the world that defying an entrenched establishment can make you money and make you a hero.

The backlash will not be all at once. It could be gradual and extend over many years

The current inflation crisis is every bit as bad as it was in 1979-1980. The circumstances are slightly different, of course, but the underlying causes are similar.

The administrative state is right now as angry at us as we are at them. There is a peaceful solution here but it doesn’t seem to be on the table.

Woke ideology is at war with profitability.

Remember this as we enter the next phase of the great meltdown. They will tell you that inflation is settling down, that the Fed has it all under control, that the government has your best interest at heart, Take it all with a grain of salt.

How deep is the deep state? Much deeper than anyone has heretofore realized. It is so pervasive in this country and in many parts of the world that no single politician stands a chance to fix it.

They are Lying About Inflation

My actual worry is deeper, namely that we have traveled too far down the path for this to end in peace and tranquility. The powder keg is growing more combustible by the day.

Elon Musk’s exciting and dramatic move represents a bold attempt to overthrow this regime. It could be a sign of things to come.

Figure out something you can do and do it for others in your immediate community.

The damage that’s been done to civilization is deep and wide but it is not permanent.

At this point, the only hope is for a sudden shift to wise leadership. How likely that is I leave to you to discern.

These truly are revolutionary times. It will not be a smooth transition from the old system to the new.

What most people do not understand is that there is nothing temporary about any of this. Sure, the preposterous masks will go away and eventually even the “social distancing” signs and stickers will be taken down.

There is just no escaping economics and the laws that govern it! Government officials can preen and pronounce but the laws of supply and demand ignore every press release.

At some point, people are going to realize just how much they are losing money by paying extra for an internal sense of social status.

With an economic crisis brewing, and public anger rising on all fronts, we are in for a rough few years ahead.

The Collapse of Consumer Confidence

For years, certain elite voices have been trying to force a vegan diet on all of us, marketing their “impossible burgers”. This might soon become a reality. Category: Special Situations