Monday, July 20, 2009

The Black Swan event in front of US

There are so many happenings over the past few days:

-- Sotomayor praised for her “empathy”

-- Cap and Trade and all that insanity

-- Universal Healthcare…so many issues with this one

-- GoldmanSach’s publically documented shenanigans

-- $2 Trillion Gov’t deficit by the end of ‘09

-- Just today the www.Market-ticker.org points to the possibility of a $23 Trillion exposure to the US via the bailout bill

I might come back and say a few things about each of the above topics, but my past today is to acknowledge a Black Swan event is coming. I personally think it is the total and complete reset of American society, as we know it today.

The reason I say this is due to all efforts taken by The Powers that Be (TPB) to decrease this nation’s standard of living by destroying its capacity for creating REAL and VALUABLE assets in the future.

The increase in the standard of living is the measurement by which economists measure the true economic growth of a nation. You could have a 150% increase in GDP YOY for 10 years, but if 99.99% of all the citizens in that nation are missing the basic elements to SURVIVE, the true economic value of that economy is almost nothing.

You cannot deny that the incentives to become a self-sufficient, value-adding member of society are QUICKLY disappearing. As soon as enough people stop adding value to the system, it can no longer support itself or its people. We are moving ever more rapidly toward this event.

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