The United States has been fully off the gold standard for 44 years. Depending on where you read statistics, the average life expectancy of Fiat currencies are somewhere between 27 and 39 years. Fiat economies ALWAYS collapse.
The thing is…
The U.S. Dollar is on life support, and the world is about to pull the plug…
“Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains”.
While lumping all merchants together is certainly not entirely accurate, the quote from Thomas Jefferson certainly rings true for ‘big business’.
In fact, today it is more true than ever. With seemingly few exceptions, over the decades, grocers and merchants have been gobbled up by increasingly mammoth sized corporations who have no loyalty to your neighborhood or community, or even any nation or country.
Here’s why it matters…
What is your opinion regarding the immediate politicization by your president (within minutes) for ‘more’ so called ‘gun control’ following the shooting in a ‘gun free zone’ Umpqua Community College in Oregon – where killer Chris Harper-Mercer singled out Christians during the murdering spree?
In case you haven’t been following one of the patterns, so called ‘gun free zones’ only keep law abiding citizens (and security guards) from carrying a defensible firearm whereas (not unexpectedly) the criminal knows that he will meet little or no lethal resistance (for a time) while he proceeds to murder the innocent… It just doesn’t make common sense.
This bank knows the crash is coming, and is preemptively blaming China – although China’s tail-spinning economy is a symptom of the global demise which has been taking place right before our eyes.
More and more high profile people and entities have been sounding the alarm, while the most recent, the Daiwa Institute of Research (part of Daiwa Securities Group – the second largest investment bank in Japan) released a technical report during September which (among other things) issued an underlying and seemingly apocalyptic warning…
“Of all the possible risk scenarios the meltdown scenario is, realistically speaking, the most likely to occur…If China’s economy, the second largest in the world, were to lapse into a meltdown situation…the effect would more than likely send the world economy into a tailspin. It’s impact could be the worst the world has ever seen.”
‘Daiwa’ quote as reported earlier this month at zerohedge.com
The list of presidential candidates include 16 Republicans and 5 Democrats.
Their portraits are shown below for your reference.
If you had to vote for president right now, who would you pick?
UPDATE: After nearly 700 voters, the poll results for September are in…
Trump, Cruz, Carson, Fiorina, Paul, Rubio, …
I just wanted to let you know an interesting (coincidental?) thing that happened to me recently as I made a major transfer from one particular bank to deposit into a new (different) bank.
I don’t much believe in coincidences (there’s often a reason) and in this case I have little doubt it was coincidental…
Overall, the liberal tilt of big cities is unmistakable. Even cities with conservative reputations (such as Dallas, Santa Ana, Calif. and Cincinnati) are politically left-of-center, if only slightly.
The most liberal cities include (as expected) San Francisco, Washington D.C., Seattle, Oakland and Boston while the most conservative cities include Mesa, Ariz., Oklahoma City, Virginia Beach and Colorado Springs.
(for a more detailed list, see below)
Big cities in the U.S. tend toward the liberal side of the political spectrum. With cities of 250,000 or more, nearly every one of them ‘leans left’. The question is, “Why?”