Ray Dalio has done a lot of research into big picture cycles in governance and finance. See his “Principles for Dealing with the Changing World Order”. He doesn’t cite a single instance where a government monstrously overextended then slowly and peacefully walked back their profligacy. In every instance the dislocations…

Back to the Future with China? Let’s play “what if” for a moment. Suppose China has grown so very fast and so very well by “failing” to build the refuse-nik government bureaucracy that overrules government by the people in the US anyway, and by developing more start-ups, encouraging more engineers…

Jim Rickards explains the dangers lurking within Biden’s Executive Order 14067: CBDC (Central Bank Digital Currency) — For a text of the order: https://www.presidency.ucsb.edu/documents/executive-order-14067-ensuring-responsible-development-digital-assets The first 19:30 of the Rickards video has the meat of the presentation. Short summary: With a CBDC, people in the central government know where you are, how you spend money, and can freeze accounts at will. Precedent number one: witness what happened…

Executive Order 14067: CBDCs, The End of Freedom — What it does is completely mobilize the Deep State, planning for a US digital currency implemented to assure “national security” in financial transactions conducted in such digital currency. Note well that “national security” includes the enforcement of sanctions and particularly threats to “financial inclusion and equity; and climate change and…

I’ve just finished watching “My Son Hunter”. I understand that some among Biden’s acolytes are freaking out. Now I understand why. “My Son Hunter” works as entertainment, is devastatingly funny and tragic, painting Hunter sympathetically and darkly at the same time. See it. You’ll laugh, you’ll think, and if you’re…