Monday, May 27, 2024

In the #News #Politics #Economy

“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain

Subscriber Comments

What's going on?

Stanley Druckenmiller: Why we're spending like we're still in the great depression is beyond me

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Druckenmiller is correct, Bidenomics, which is best described as smash and grab as many dollars as possible towards the end of the empire instead of productive policy, represents more delusion than understanding of economics.

Today's deficit spending from 2001 to 2021 is similar to the Great Depression that ended roughly in 1948. The Great Depression represented great pain for anyone that opposed the invisible hand. The dollar's devaluation in 1934 hints at a similar outcome from today's cycle. Why is the majority so unprepared? Politics, an organization focused on buying votes through delusion, keeps everyone second-guessing to the point of paralysis.

Maintain your attention on the US Dollar, Bitcoin, Gold & Silver, and Economic & Stocks Reports in 2024. We will talk about what needs to be said. We're not seeking your vote or approval. Fools following fools become bag holders, while independent thinkers following the invisible hand survive.

US Federal Budget As % of GDP

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