Tuesday, November 20, 2012

What Is Going On?

Am I the only person who sees this?  I've talked about it before, I read lots of sources, but no one else is stating what I see as so obvious.

And it is not as though this is some unknown gambit.  It was Joseph's advice to Pharaoh, and taking it Pharaoh took over the world

Mish and Pettis are both watching China build empty cities and buy up all commodities they can get their hands on.  With what money?  Well, none, except trillions in funny money from selling trinkets to USA.

Why would they do this?  For the same reason Pharaoh did it.  To end up on top.  When capitalism's house of cards comes tumbling down, and economic ruin descends on the West, China will have stockpiles of cotton, copper, iron and steel, rare earth, foodstuffs, ships and production expertise in every field.  With the empty cities, they could survive a nuclear war, and start over the next day.

How will we do in a conflict with China?  Well, look at who makes it to the top in a democracy.  We have the most ridiculous generals imaginable. Our generals do not deserve our solders.  Politicians pick them, that is the law.  Democracy yields people or rather normal qualifications and gives them astonishing power.  As that fails, people will say "if we only had the right people in power..."  Enter the strong man.  Then we'll have the indispensible leader on top of the fascist system.

The right way to go, to freedom, not to more oppression, is not considered.

When this goes bad, the same people who voted Obama/Romney will clamor for a strongman, just like in 1 Samuel 8.  We should go the other way, to freedom, to outflank the Chinese, but do not count on it. So it will get very hard.

We have the most stupid economic policies imaginable.  But they are tradable.  I've beens self-employed since 1984 based on them, and understanding they are a bad idea.  (I would have been self-employed anyway, but I wish we had free markets so I could do even better.) So I vote for the people who understand the problem, but they never win.  What else should I do?  Well, teach people how the world really works.  Why?  Because after the crash, and the strong man, we'll need some people who know how to do business.  It will be the anarchists who bring forth the beer and bread and sausage after we go through our own downfall.

Predictions are based on memory.  Can you remember a time when we borrowed our way to prosperity?  But we remember a time Pharaoh bought up all of the stores in the fat years.  And Pharaoh called the shots in the lean years.

Joseph advised Pharaoh to store up seven years supply.  China has a six year stock available.  USA is supplying year seven now.

Feel free to forward this by email to three of your friends.


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