Debt Rattle June 20 2017
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[See the full post at: Debt Rattle June 20 2017]Russia hasn’t been Communist in literally a human lifetime. When will anyone (i.e. the U.S.) notice? 50 years? 100 years? 200? Never?
Leads to why these guys are losing, losing, losing. They’re “Red Scare”, “Russia is attacking!”, “Just like Watergate.” How decrepit are these guys? What are they, like 100 years old? Not to make us all feel old, but more than half the population has never lived in a time when the USSR existed. You’d have to be 60 to even have read about Watergate. Vietnam Veterans are now 72. WWII vets are 100 and we’re still talking about gol-derned Nazis. Did this happen under Napoleon? In 1955 were they still arming for the inevitable French invasion?
Clue phone: nobody knows what you’re talking about. Advertizing, these storylines and memes work by emotion, and nobody but the equally senile and geriatric has any emotional connection to Soviet Russia and the Nazi regime. I mean, nice try, but without some firsthand contact, you can get people mentally hepped up, but not move them to real action.
You know what does move them? Firsthand experiences with a 17-year Depression that’s pushed youth income 80% below their parents, provides no jobs, prevents marriage and family formation, and assures no stake in society as they can’t start businesses and are priced out of housing, forever. F.O.R.E.V.E.R. You will die owning nothing but an iPhone. THAT sells. And over half the population now has never seen anything else in their adult lifetimes. That’s why Bernie Sanders, Corbyn, and incidentally Donald Trump DO have traction to make people act. Because THAT is real. Not these abstract, mythical stories told by obsolete old men to other obsolete old men pretending they’re still the young Woodward and Bernstein. You could be 18 and have never purchased a newspaper, or seen one read at home. That’s why they were losing, are losing, and have already lost. Because they won’t share, transmit power, and time marches on. Bye bye, losers.
Sorry to be so extreme but the turning of the millennia, the infinite future, the year 2000, is almost 20 years ago and people are voting who never lived in a time marked “19”. Will anyone notice? With all the wealth and power pointedly and excruciatingly removed from the young, it’s easy to pretend, easy to ignore, easy to forget, but as time moves, THEY are what is relevant, not you. And all the wealth and power and cruelty in the world can’t stop it.
That well is going dry in the middle of the summer, and without any resolution to the debt ceiling debate, the country will not be able to borrow more to pretend that it’s solvent.
Is printing called borrowing?
priced out of housing, forever. F.O.R.E.V.E.R. You will die owning nothing but an iPhone
Old man and his iPhone. Hemingway would have a blast. Thank you Dr. Diablo for putting this image in my head.
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