Category Archives: Collapse

Spending it Forward? By Eric Peters

A strong argument can be made that it’s a good time to convert fiat debt instruments into actual, tangible things. From Eric Peters at ericpetersautos.com:

It’s hot outside, but I am splitting and stacking firewood – in anticipation of when it gets cold, not too many months from now. More precisely, I am stockpiling wood as a fallback – in the event the power goes out this fall. A not-unlikely event, given the “electrification” of everything. Also as an alternative, in the event the cost of propane rises beyond the constantly diminishing purchasing power of the currency we’re all forced to us to buy such things with.

But it is also a hedge.

The wood being more than just a source of heat – both to keep us warm and (should it become necessary) a way to heat food and even water, so as to  keep us clean. It is also a way to store the value of currency before it dissipates further.

Much better than a bank. Or rather, it is the best kind of bank there is.

The wood is a tangible asset, directly under my control. It can be withdrawn at any time and without even having to show ID. I can withdraw as much of it as I like, whenever I like, without having to worry about the transaction causing unwanted scrutiny. And – most of all – it will still be in my “account” come winter, even if the banks decide to lock my accounts with them, over something I wrote or said.

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The Time of Our Time, by James Howard Kunstler

Something is going to give, sooner rather than later. From James Howard Kunstler at kunstler.com:

We have not been so ripe for regime change since 1776. A ruling Party of Chaos is doing absolutely everything to disorder our lives and there really is no generous interpretation for its motives

Let’s face it: most people will not read Justice Alito’s carefully crafted arguments about what the constitution says or doesn’t say about abortion, or the meaning of “ordered liberty” through our history. We do not live in history. We live in the time of our time. And, until just recently, this has been a time that discarded former modes of conduct between men, women, and children as inconvenient to the presumably greater project of self-actualization.

To be-all-that-you-can-be is a stirring notion, and it seemed to work nicely within the colossal techno-industrial armature of the past century, with all its inducements to thrive personally, at least for the comfortable elites who pulled the levers of that system — though not so much for those below caught in the gears, who produced children despite all the novel means for avoiding it. For the fortunate, motherhood became just another “no” box to check off, while fatherhood merged into the odious mists of obsolete patriarchy. History is made up of things that seem like good ideas at the time. The hard part now is moving out of a familiar time into the undiscovered country of a new time.

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America Is More Fragile Than the Left Understands, by Victor Davis Hanson

Ayn Rand said the U.S. was more fragile than it looked . . . back in 1957. She also had a pretty good idea of why that was so. Writers and commentators have recycled her arguments for years, usually without attribution and usually without delving into deeper causes. Victor Davis Hanson does the same, but this article won’t take you as long to read as Atlas Shrugged. At least he cited Adam Smith. From Hanson at amgreatness.com:

Like a stunned adolescent whose reckless incompetence totaled the family car, the Left seems shocked that America proved so fragile after all.

“There is a great deal of ruin in a nation.”
— Adam Smith

The Left has been tempting fate since January 2021—applying its nihilist medicine to America on the premise that such a rich patient can ride out any toxic shock.

Our elites assume that all our nation’s past violent protests, all its would-be revolutions, all its cultural upheavals, all its institutionalized lawlessness were predicated on one central truth—America’s central core is so strong, so rich, and so resilient that it can withstand almost any assault. 

So, we can afford 120 days in 2020 of mass rioting, $2 billion in damage, some 35 killed, and 1,500 police injured. 

We can easily survive an Afghanistan, and our utter and complete military humiliation. There was no problem in abandoning some $70-80 billion in military loot to terrorists. Who cares that we tossed off a billion-dollar new embassy, and jettisoned a $300-million refitted air base, as long as our pride flags were waving in Kabul?

Certainly, we can afford to restructure all our universities, eliminate free expression and speech, and institute Maoist cultural revolutionary fervor in our revered institutions of higher learning—once the world’s greatest levers of scientific advancement and technological progress. 

We can jettison merit in every endeavor, from banning the world’s great books to grading math tests to running chemistry experiments. And still, a resilient America won’t notice.

We assumed that our foundational documents—the Declaration of Independence and the Constitution—our natural bounty in North America, our cherished rule of law, our legal immigration traditions that drew in the most audacious and hardworking on the planet, and our guarantees of personal freedom and liberty led to such staggering wealth and affluence that nothing much that this mediocre generation could do would ever endanger our resilience.

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Anatomy of a Philanthropath: Dreams of Democide & Dictatorship, by Margaret Anna Alice

Part Two of Margaret Anna Alice’s study of the psychopaths who want to rule the world. From Margaret Anna Alice at margaretannaalice.substack.com:

Part 2: Downloadable Digital Dictatorships

This is Part 2 of Anatomy of a Philanthropath. Read Part 1: A Mostly Peaceful Depopulation for context:

Margaret Anna Alice Through the Looking Glass
Anatomy of a Philanthropath: Dreams of Democide & Dictatorship
“Tyranny is a habit which may be developed until at last it becomes a disease. I declare that the noblest nature can become so hardened and bestial that nothing distinguishes it from that of a wild animal. Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it reg…

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Anatomy of a Philanthropath: Downloadable Digital Dictatorships; Person Trapped Inside Screaming to Get Out

“Regulation mania, as manifested in government bureaucracy, attempts to render social interactions rational and logical by squeezing them into performed templates. In this respect, the ideal bureaucrat is identical to a computer. They strictly adhere to the logic of their system without being ‘distracted’ by the individuality of the people they ‘assist.’ For this reason, a bureaucratic system generates exactly the same frustration as a computer. We are confronted with a mechanical Other who is in no way sensitive to our individuality as human beings. A computer is not so much an unfair or unjust Other; it is an Other who imposes a relentless logic.… In this respect, the computer resembles the ideal totalitarian leader: He strictly and ruthlessly imposes his logic on the population.”

—Mattias Desmet, The Psychology of Totalitarianism (Kindle, hardcover, audiobook, audio CD)

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How Bad Will the Food Shortage Get? by Dr. Joseph Mercola

If you haven’t already, start stocking up. From Dr. Joseph Mercola at theburningplatform.com:

food shortage 2022

Story at-a-glance

  • It’s becoming increasingly clear that severe food shortages are going to be inevitable, more or less worldwide, and whatever food is available will continue to go up in price
  • The cost of agricultural inputs such as diesel and fertilizers is skyrocketing due to shortages — caused by a combination of intentional and coincidental events — and those costs will be reflected in consumer food prices come fall and next year
  • Mysterious fires, alleged bird flu outbreaks and other inexplicable events are killing off livestock and destroying crucial infrastructure. Since the end of April 2021, at least 96 farms, food processing plants and food distribution centers across the U.S. have been damaged or destroyed
  • The global food price index had risen 58.5% above the 2014-2016 average as of April 2022, due to a convergence of post-pandemic global demand, extreme weather, tightening food stocks, high energy prices, supply chain bottlenecks, export restrictions, taxes and the Russia-Ukraine conflict

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BlackRocking . . . by Eric Peters

As homeowners become involuntary renters, the homeowners who are left will end up subsidizing those rents. From Eric Peters at ericpetersautos.com:

 

Why are billion-dollar “capital” entities like BlackRock buying up hundreds of millions of dollars of formerly privately owned homes? It may be possible to divine the answer by looking at another number:

The millions of people on the cusp of being evicted from the places they rent.

According to the U.S. Census Bureau, there are some 6.7 million of these people – who’ve had their rents increase by $250 per month, on average. The majority of these people earn less than $25,000 annually – and all of them have had the buying power of whatever they earn reduced by about 15 percent, via what is styled “inflation,” in order to make the victims of it think that the things they need to buy or pay for (like rent) cost more. In fact, their money just buys – and pays for – less.

Many of these renters have had their rent subsidized as part of what was styled “pandemic” relief,” an odd way of putting it since the “pandemic” didn’t force anyone to stop working (or hiring workers).

Rather, it was the government that did it.

The same government also told landlords they could not evict renters who weren’t paying rent. Which meant that landlords were being forced by the government to pay their rent – via the cost of paying the property taxes the government didn’t hold in abeyance, as well as all the associated carrying costs of owning a rental property – including the monthly mortgage payment.

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The Age of Discord, by Charles Hugh Smith

We’re sure not living through the Age of Sweetness and Light. From Charles Hugh Smith at oftwominds.com:

It’s very difficult to find common ground that supports cooperation in the disintegrative stage of scarcities, rising prices, catastrophically centralized power and social discord.

Today’s topic echoes Peter Turchin’s 2016 book, Ages of Discord, which I have often referenced in blog posts.

I’ll also discuss two other books I’ve often referenced, Global Crisis: War, Climate Change and Catastrophe in the Seventeenth Century by Geoffrey Parker and The Great Wave: Price Revolutions and the Rhythm of History by David Hackett Fischer.

Turchin proposes repeating cycles of history of social integration (people finding reasons to cooperate) and disintegration (people finding reasons to not cooperate).

Clearly, we’re in a disintegrative stage.

Fischer proposed a repeating cycle of history in which humans expand their numbers and economy to consume all available resources.

Once all the low-hanging fruit has been consumed, scarcities arise, pushing prices above what commoners can afford, and the result is economic stagnation and social/political revolution.

Either humans exploit a new energy source at scale to provide for the larger population and higher consumption per person, or the population and consumption decline to fit available resources.

Parker covers the mutually reinforcing climate, political, social and economic crises of the 17th century. A long cycle of cold, wet summers reduced crop yields, leading to hunger and strife.

Parker also identifies another cause of the tumultuous, war-plagued 1600s: political leaders had consolidated too much power, enabling them to pursue disastrous wars without any restraint from competing domestic social-political interests.

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The Illinois Political Establishment’s Shameful Response To The Departure Of Ken Griffin And Citadel – Wirepoints, by Mark Glennon

In their arrogance, Illinois leaders are disparaging a business leader who’s leaving the state and taking his business with him. From Mark Glennon at wirepoints.org:

On a wall in Ken Griffin’s office at Citadel in Chicago, I’m told by people who worked there, hangs a thank you note from a six-year old. Like many kids that age, he was enthralled by prehistoric creatures so he wrote to thank Griffin for funding Evolving Planet, a permanent wing in Chicago’s Field Museum.

The six-year old was my son, who asked if he could write it after my wife had taken him for what must have been the fifth time to the exhibit.

I was proud that he had the simple decency to feel a need to thank somebody.

I wish I could say the same about the Illinois political establishment’s send-off to Griffin and Citadel, who are leaving for Florida. There was no decency in any of it.

Griffin is among the most successful financial entrepreneurs in history and Citadel was a crown jewel in Illinois’ economy. But the decency of a proper send-off was nowhere to be found in Illinois’ leadership. There wasn’t even the standard, “we’re disappointed to see them go,” which they usually say about corporate departures. Just a kick out the door for a golden goose.

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It’s Now Crucial to Understand What We’re Up Against, by Dr. Joseph Mercola

We’re up against a global push for technocratic totalitarianism. From Dr. Joseph Mercola at theburningplatform.com:

Story at-a-glance

  • It’s become absolutely crucial to understand what we’re up against, globally, and who’s responsible for the rising totalitarianism and their ultimate intention
  • The COVID pandemic was a coup d’état by the technocratic cabal that is behind the global takeover agenda, referred to as The Great Reset
  • The Great Reset was introduced by the World Economic Forum, which is tightly coupled to the United Nations and the World Health Organization. Their agenda is to implement a global type of totalitarianism based on technocratic and transhumanist ideologies. Part of that plan also includes reengineering and controlling all life forms, including humans
  • While the outward expression of technocracy will appear as totalitarianism, the control center is not an individual. Rather than a single person ruling by the decree, technocracy relies on control through technology and algorithm. This is a very important difference. In short, there will be no individual to blame or hold accountable. The “dictator” is an algorithm

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Ron Paul: Forget About the Gold Standard, Let’s Talk About the Copper Standard

The melt value of old copper pennies (pre-19820 is three times their stated value of one cent. From Ron Paul at birchgold.com:

Forget About the Gold Standard, Let's Talk About the Copper Standard

Photo by Adam

Way back in 1982, two interesting things happened.

The first was the publication of the minority report fellow Gold Commission member Lewis Lehrman and I co-wrote as The Case for Gold. (I’m currently working with Birch Gold Group to release a new edition of this book in the near future.) Now, I understand that might not be as interesting to everyone as it was to sound-money advocates like myself.

I’m sure you remember the second interesting thing, though…

Here’s how journalist David Owen described it:

Several years ago, Walter Luhrman, a metallurgist in southern Ohio, discovered a copper deposit of tantalizing richness. North America’s largest copper mine – a vast open-pit complex in Arizona – usually has to process a ton of ore in order to produce ten pounds of pure copper; Luhrman’s mine, by contrast, yielded the same ten pounds from just thirty or forty pounds of ore.

The only problem was, Luhrman’s incredibly profitable copper mine wasn’t a hole in the ground. Instead of ore, Luhrman’s company Jackson Metals processed pennies. He’d figured out a way to melt them down and separate their 97.5% copper from their 2.5% zinc and sell the metal.

Since 1793, U.S. pennies have been made of copper (except for 1943 – when the U.S. Mint’s copper stockpiles went to the war effort). The amount of copper in each penny and its purity ranged from 88%-100%. All the way up to September, 1982.

That’s when inflation weakened the U.S. dollar to the point that, and I swear I’m not making this up, the price of the penny’s copper content rose above 1¢.

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