Of Two Minds

Clinging to delusional fantasies of “free wealth” won’t lead to positive outcomes, any more than swallowing handfuls of meds leads to “free health.” Under various guises, labels and rationalizations, “free money” has now been established as the default policy fix for any problem.

Whether we admit it or not, collapse is the default “solution.” That destiny has already been written by demographics. The saying “demographics is destiny” encapsulates the reality that demographics–rising or falling trends of births and deaths–energize or constrain economies and societies regardless of other conditions.

Those trusting the Fed to be visibly weak, corrupt and incompetent forever might be in for an unwelcome surprise. When even the crash test dummies are nervous, it pays to pay attention. Being in a mild crash isn’t too bad if all the protective devices inflate as intended.

Nations that fail to adapt to the end of financialization and globalization will unravel. We all sense the global order has cracked. The existing order is breaking down on multiple fronts. Those who have benefited from this arrangement are doing everything in their power to patch the cracks, while those who chafed under the old order’s chains seek a new order that suits their interests.

As for our central banks’ defaulting on their lines of credit with the Martian Central Bank–that’s another alien intervention we’ll live to regret. I hope this won’t shock the more sensitive readers too greatly, but I’ve discovered undeniable evidence that all our planet’s problems are the result of alien intervention.

Sealing the USD’s coffin requires conjuring up a replacement reserve currency, and that turns out to be a lot more challenging than many understand. You know the scene in movies where the body-bag is being zipped up or the coffin lid slid into place when the recently deceased startles everyone by suddenly sitting upright?