Fri, 19 February 2021
Fellow survivor Rob Kirby joined me for a talk about the current financial woes. The dollar has already used up 8 of its 9 lives and has done so recklessly. When we speak of the demise of the dollar, we’re in a crypto-currency contagion. It looks bubblicious. To Rob’s eyes cryptos are doing exactly what gold and silver have not been allowed to do. We’re experiencing hyper-inflation in cryptos, stocks and real estate. However, Rob is skeptical of the party continuing in the real estate sector. As economic conditions continue to worsen, with half the population not working and not earning, residential will wind up suffering the same way that commercial has collapsed. Mortgage rates can’t go any lower. Banks will not continue to extend credit should real estate prices move any higher and will tighten lending standards, thus shrinking the eligible pool of borrowers and purchasers. Anti-dollar financial assets will continue to increase. Crypto especially looks good. The long arm of the powers that be have so suppressed physical bullion that it’s becoming increasingly scarce and is becoming unobtainium. |
Fri, 19 February 2021
Options for getting out of Dodge. Uruguary is the best choice of a lot of bad choices. Doug has visited over 155 countries and has lived in 10. The entire world is heading in an anti-freedom direction. People eventually vote with their feet. See Rhodesia before the fall. Panama is another possible choice. It’s a developing country with improving infrastructure. Roads and sidewalks will improve over time. Doug believes that you need to divorce yourself from the political system. It’s all lies. Sociopaths and criminals, but slick ones at that, are running the show. According to Doug C-vid is one of the great scandals and scams of all time. It’s a serious virus but it ain’t the plague. People’s response to Covid is indicative of their attitude towards life. Time to start living again and stop worrying. For people under 60 there’s little danger and for people under 30, virtually no risk. Doug observes that mask mandates are completely absurd. Perhaps even more indicative, it appears that Influenza has disappeared. Always remember, you can’t believe anything you hear from the media. It has corrupted science and will cause widespread disbelief in science as well as important studies and meta-studies.
What will come next? International travel is dead. It’s like trying to leave Saigon on the last helicopter after the Fall. The leaders are happy with the current state of affairs. In the year 2030 you’ll have nothing and you’ll be happy. All you can do is insulate ourselves. Try to be as wealthy as you can and hide. Next book on the list is Terrorist
InternationalMan.com Doug Casey’s Take |
