Mr. House
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Zelensky should resign his position and head to the front. Put all his ill gotten money where his mouth is instead of sacrificing the non privileged
“When does a bubble become a black hole?”
When failure is not allowed because it would have adverse outcomes on the power of the government and the corporations that feed off each other. Generally bubbles can be avoided with due diligence, but the government is going to take us all down with the stupid because if they let the market work as its supposed to they’d be shit out of luck.
Honest question: Does anyone here actually think Trump will do anything beneficial if he becomes president again?
Why is anyone here surprised that they’re distorting the law to go after trump? When they refused to follow the law as laid down in 2008, that opened the flood gates. Essentially what they did was destroy reality, as described in a market economy. If you bailout out things, you are refusing to let reality assert itself. Things take time, and the reason things feel so strange now is we are nearing the end of that carnival ride.
Once you realize they’re lying, the next question is what else have they lied about. So it makes sense people refuse to change their mind, it would shatter their worldview and probably their view of themself.
I personally think, that many people in positions of authority and power know they shouldn’t be anywhere near those positions, but you can’t admit that, then you’d be a schlub just like everyone else. As Jessie at Jessiescafeamerican calls it, its the credibility trap. They’re all guilty, but will band together and continue to refuse reality. If they hang, they’ll hang together i guess.
I didn’t see WES’s post but agree with him 100%. Wolf street makes sense, dude lives in San Francisco and couldn’t state if homelessness was worse now then the early 2000’s because he doesn’t go where they are………. He’s a limousine liberal who wouldn’t have anything to say if he didn’t write about the “market”. He knows we’re bankrupt but won’t admit it, because then who would give him attention for his viewpoints. I think alot of writers in the alternative media are not in it because they want to make things better, they just want moneyz
That is why i ask is surplus energy economics a limited hangout? They know they’re wrong, but they won’t admit it. We laugh at those who tried to apologize how they acted during covid, but many still can’t bring themselves to do it and would rather double down. Its amazing
IM a DOC still good, his writing is wasted at naked capitalism though
So is surplus energy economics a limited hangout? A new article is released and will say the exact same thing as the last 40 articles!
“It’s not just us criticizing Bidenomics. Duquesne Family Office Chairman & CEO Stan Druckenmiller slapped Biden’s economic policies with an “F” and warned that the Federal Reserve and federal government “misdiagnosed Covid, mistakenly believing we were heading into a depression.”
No they were absolutely correct, they just used covid to cover it up.
Another thought on the aborted pandemic in 2009. It didn’t work because the internet hadn’t developed enough for all the make believe to succeed.
Bet you guys don’t remember this, a test run for 2020
https://en.wikipedia.org/wiki/2009_swine_flu_pandemic
In January 2010, Wolfgang Wodarg, a German deputy who trained as a physician and chaired the health committee at the Council of Europe, claimed that major firms had organized a “campaign of panic” to put pressure on the World Health Organization (WHO) to declare a “false pandemic” to sell vaccines. Wodarg said the WHO’s “false pandemic” flu campaign is “one of the greatest medicine scandals of the century”. He said that the “false pandemic” campaign began in May 2009 in Mexico City, when a hundred or so “normal” reported influenza cases were declared to be the beginning of a threatening new pandemic, although he said there was little scientific evidence for it. Nevertheless, he argued that the WHO, “in cooperation with some big pharmaceutical companies and their scientists, re-defined pandemics,” removing the statement that “an enormous amount of people have contracted the illness or died” from its existing definition and replacing it by stating simply that there has to be a virus, spreading beyond borders and to which people have no immunity.[117]
Read the article, read the comments: Tell me you’re a coward without telling me you’re a coward
High school never ends, most of the students wouldn’t stand up to the bully even with numbers in their favor.
If people haven’t figured out by now that COVID was a total crock of shit, and still refuse to entertain the idea that it was a financial crisis papered over with printed money and mass hysteria that the media had been purposefully generating for the past four years, then they deserve everything that is coming. IE: Naked capitalism and surplus energy economics.
“but probably since 1971 and Nixon”
Getting sloppy Dr. D, that was a default. If you and i agree that you can trade your green pieces of paper for yellow shiny metal, and then i decide that actually no you can’t, that is a default 😉
Gamergate, woke, feminism (in its current form, though perhaps from the beginning) has always been intelligence OPS. Esp since 2008. JB HB, take a look at most of the people pushing this crap, isn’t it strange how they always come from Canada? CIA baby. They want us not fighting them, but fighting each other. Seems to be working so far.
These people are insane. The way they bend logic to support their utterly stupid beliefs may kill more brain cells then booze or oxygen deprivation. Its four years later for gods sake.
Adele vs. Taylor Swift, Covid, and Entertainment Industry Pandemic Insurance
“We’re already in a centrally managed economy. However much money has to be printed, it gets printed. Somehow. And it funds whatever wants funding. Rent-a-mobs, movies nobody watches, elections whatever.”
Now you’re cooking with gas boyo (before it gets outlawed) 😉
“So there’s an infinite waterfall of money from somewhere to keep this going even NOW, when the accounting for Disney indicated they had maybe 300m in reserve, enough to make ONE movie? Yes, infinite money from somewhere.
So Blackrock and Vanguard are pouring trillions into this bottomless pit? (not just Disney) But don’t they have all this money because they’re managing people’s 401k’s and pensions and IRA’s which they are “leveraging”?”
That is what the 2008 and 2020 bailouts were for and 0% rates for 15 years. I know i’ve stated this here before, but really think about it, do customers matter if you bailout failure?
@John Day
I will get Dr. Morgan to admit that the elites aren’t ignorant sooner or later. Getting very close now 😉
And sometimes John, you just read something and feels right. I wouldn’t have suggested the article for people here to read, if it didn’t strike something deep down that feels like truth. Just like when covid started i pounded the drum here about its bullshit (thank you forever Raul for not censoring me).
With regards to Tom’s speculation and what Nikki Haley just said, doesn’t seem like speculation to me.
I don’t even go to naked capitalism anymore. Until Susan Webber tells her audience she consults for george soros, american express and many of the other corporations she pretends to rail about, she’s just a shrew. Interesting i think i saw someone mention she was moving to Thailand. And she just happened to move out of NYC right before covid to Alabama………. She and whoever Lamber Strather is, were very very bad about stirring up fears with covid.
I think China owns the Uniparty. So all democrats and most Rinos will never do anything other then talk. That seems to be all those that “rule” us do. Talk. Heck i remember Bush the mentally handicapped in the early 00’s making a huff about marking china as a currency manipulator and never doing anything. Same goes for immigration, they’ve been talking about it since 00’s and nothing has happened except the problem gets worse. Speculation is all we have John, because we’re not in the “club”.
@John Day
I agree, but i find many of the others who write these types of things to be unwilling to talk about things. Wolf Richter gaslights his audience with charts and responds to comments but omits discussing certain things that don’t fit his narrative. Dr. Morgan refuses to talk about the elephant in the room and decides instead to just repeat like a broken record about energy. Can only read that so many times before you get tired of it. Plus my feelings on climate change match Rauls new found skepticism of the system. With regards to Tom’s speculations, take a look at this:
I found this to be thought provoking and an over excellent read:
Ding Ding Ding!
Dr. John goes to the head of the class. Now another question for the class, why would Wolf Richter lie about that?
Can anyone in the class tell me where all the inflation went that Wolf claims didn’t happen? Shouldn’t be that hard, we’ve only been studying it for the past 15 years. We did have inflation class, but Wolf won’t admit it, come on, where did it happen?
Todays lesson class, is about gaslighting:
Wolf Richter
Nov 21, 2023 at 10:45 pmDepth Charge,
Wait a minute… why didn’t we get this inflation in 2009 or 2010? That’s what I mean. They did a lot of money printing, and consumer prices didn’t react. That was a complete surprise. And then they printed more money (QE2) and consumer prices didn’t react. That was also a complete surprise. And then they did QE3, the huge QE3, and consumer prices still didn’t react to it. That’s what I mean. We don’t know why it didn’t cause lots of inflation back then. We can guess, lots of people have guessed, I have guessed why. But we do not understand all the aspects that go into what causes inflation. Because back then, QE didn’t cause inflation. It didn’t cause inflation in Japan for 20 years. It didn’t cause inflation in any of the QE countries, until suddenly in 2021, inflation explodes. We don’t fully understand, for example why money printing (and deficit spending!) didn’t cause inflation, and then why suddenly inflation explodes almost globally.
You can guess, and you can cling to simple answers, but they don’t answer the contradictions we have had.”
Wolfrichter is a gaslighter, also very ugly and rude. Happy Thanksgiving!
“Putin has withstood the West’s best efforts to reverse his invasion of Ukraine, and his hold on power is firm. The U.S. and its allies need a new strategy: containment.”
Nah we don’t need containment, we don’t need to be enemies with Russia. What we need is new leadership, at all levels. Local, State, Federal, Corporate. Until the mass of society can admit that, nothing will change.
OMG they’re finally going to stop lying on this topic!
https://www.wsj.com/world/russia/its-time-to-end-magical-thinking-about-russias-defeat-f6d0b8de
I’m beginning to Think El Gato is controlled opposition. Not that his articles aren’t good, but he omits quite a bit when recounting history.
Maybe the pyschos will have a change of heart about setting the world on fire 😉
Oh and awhile back i asked raul about an article from about a decade ago, found it:
No one cares about carbon emissions, please go over to naked capitalism where you’ll be welcomed with arms wide open. Also get your booster shot and do your part to end global warming 😉
