Monday, January 6, 2025

The Height of Idiocy

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    by Doug Casey, International Man:

    I’m not a fortune teller. In fact, the only things anybody knows about predicting – even if you gussy the concept up by calling it “forecasting” – are 1.) Predict often and 2.) Never give both the time and the event.

    The worst offenders are those who pretend they know where the economy’s headed.

    Statistics – so often the basis of conjecture with regard to the economy – are so subject to interpretation, and so easy to take out of context, that most of the time they’re best used as fodder for cocktail party conversations.

    Two Easy Predictions: Wealth Tax and Windfall Tax

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      by Charles Hugh Smith, Of Two Minds:

      Looks like we need another $500 billion or so. Hum baby!

      Predictions are hard, especially about the future, but two predictions are easy: 1) governments that do not yet impose wealth taxes will do so within the next five years and 2) governments will impose windfall taxes on all outsized unearned gains, from any source, anywhere on the planet.

      Report: Carjackings Rise in Democrat-run Cities Across America

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        from 21st Century Wire:

        As the American economy continues to sink, and inflation continues to spiral upwards – thanks to perennially failing government policies – crime numbers are also rising steeply across the country.

        As it goes, the FBI does not deem certain crimes important enough to gather any national data on. One of those crimes not tracked by the federal law enforcement is vehicular hijackings, otherwise known as carjacking. However, many individual cities do keep this data, and the results are breathtaking.

        The Orientation of World Political Power Moves Inexorably Eastward

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          by James ONeill, New Eastern Outlook:

          Vladivostok recently hosted the Eurasian Economic Forum where it was addressed by Russia’s president Vladimir Putin. Vladivostok itself is an important centre of development in the Russian Far East and therefore appropriate as the host of the conference whose theme centred on the “path to a multipolar world.” The conference was attended by representatives from 68 different nations, itself-a pointed reminder to the western world that Russia is far from isolated in the world community. Rather, along with China, it is the centre of a wholly new developing world and one that is less dependent on the role of the Western powers than at any time in history.

          Who’s Calling The Shots? White House Walks Back Biden’s Pandemic Is ‘Over’ Claim

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            by Shane Trejo, Big League Politics:

            The White House has once again walked back some of Joe Biden’s comments. This time, they are going against the President’s recent claim on 60 minutes that the pandemic is “over.”

            “The pandemic is over,” Biden replied to host Scott Pelley on 60 Minutes.

            Putin Announces Partial Mobilization, Warns West “I’m Not Bluffing” on Nuclear Weapons

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              by Chris Menahan, Information Liberation:

              Russian President Vladimir Putin announced a partial military mobilization in an address broadcast Wednesday and warned the West that he would respond in kind if Russian forces were attacked with tactical nukes.

              WATCH:

              Three Popular Claims About COVID That Turned Out To Be False

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              by Arjun Walia, The Pulse:

              Legacy media and governments have amassed a tremendous amount of power over our thoughts, feelings and emotions. When it comes to our perception about major global events, whether it be climate change, COVID-19, 9/11, or what’s happening in Ukraine, it’s often beamed into our consciousness as an unquestionable truth.

              U.S. Military Vaxx Policy Change: Military Quietly Lifts Punishments for Unvaxxed Service Members

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                from Stew Peters Network:

                TRUTH LIVES on at https://sgtreport.tv/

                WEF claims that “billions” who obeyed lockdowns and mask mandates will also comply with new globalist “social credit scheme”

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                  by Ethan Huff, via DC Clothesline:

                  It has finally been revealed – and we knew this all along – that Covid-19 lockdowns, mask mandates and other associated plandemic tyranny was a “test” to determine whether or not the world is ready for a new globalist system of “social credit score” control.

                  It turns out that billions of people passed that test, according to Mridul Kaushik, who wrote an article called “My Carbon: An approach for inclusive and sustainable cities” that discusses the next phase of the World Economic Forum’s (WEF) global takeover.

                  “Covid-19 was the test of social responsibility,” Kaushik admits in the piece.

                  “Highly Attentive” Fed Raises Rates By 0.75%, Gold & Silver Fall When News Hits Wire

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                    from Silver Doctors:

                    “…highly attentive to inflation risks.”

                    (by Half Dollar) The Fed has just concluded its most recent 2-day FOMC meeting.

                    Here’s the Fed’s statement, posted in its entirety (bold added for emphasis and commentary):

                    Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.

                    Election Fraud Whistleblower Faces 13 Years in Prison Due to Democrat Coverup

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                      from The New American:

                      TRUTH LIVES on at https://sgtreport.tv/