A superb and truly rational illustration of the ‘direction of travel’ in the West. That that direction has exponentially increased in pace in line with a criminally inspired increase of debt, facilitated by the global banking system and encouraged by an economically illiterate political class, has become all too evident. It now appears apparent that these two equally greedy and utterly untrustworthy assemblages of humanity are determined to inflict an even more duplicitous form of ‘money’ upon the human race, in the form of Central Bank Digital Currencies which will offer a paralysing control over the economies of any nation that is stupid enough to embrace them. Just how the CBDC’s are to be introduced has yet to be fully explained, but the withdrawal of paper notes and coinage from the financial system is fast becoming apparent, leaving digital/electronic trade as the only accepted method, is clearly the inception of a monetary system offering total control to those who have been handed the sole ability to create it. And who are those people? Central Bankers and the puppet politicians whose strings they pull.
I, too, have watched the European creep toward a CBDC and often ask, what will become the medium of exchange for those transactions that seek to avoid scrutiny. think cigarettes in prison or tally sticks in the past. but while a certain amount of business will be forced down that road, I am confident that many folks will not put their entire financial lives in the hands of the government, where negative interest rates will be the norm above a nominal balance in your checking account, and control and visibility to and by the government will be the order of the day
That, Sir, is what I believe the kids call, "a banger"!
For me the decisive factor in what we see going on around us is the sheer, downright thievery. We are clearly, as I've said time and time again, in the "looting the treasury phase of late-stage societal collapse". And so my advice to friends when another appalling political news story breaks is "follow the money"; so often that explains everything. (And, I must admit, there is some satisfaction in the realisation that our enemies are are not some brilliantly intelligent, satanically evil Ubermensch but just a bunch of grubby shyster-thieves, sticking their snouts as deep as they can into the public purse/trough while the going is good.)
But, as you allude to in the article, the ship can be turned around. Thatcher (yes, I know she made some mistakes...not interested, piss off Peter Hitchens) took an utterly broken nation and in 7 years (1979 to 1986) completely transformed it into the envy of the world. The problem is that the political paradigm that's been established since then ensures that a Margaret Thatcher will never get within a million miles of power. (And public sector debt of c. 100% of GDP versus c. 40% then doesn't exactly help either.)
However, I will not despair, because I have faith in two things - God and Tim Price's investment strategy!
Would add other contributing factor to Rome's fall and relevant to now is the collapse of food production from extractive imbalanced agricultural practices...loss of topsoil. This tied in with the dimishing returns on energy/transport (horse, oxen, ships etc.) of food from increasingly distant (more energy/transport) sources as land was depleted.
Thank you Tim. It is encouraging, to me at least, that Milei is achieving notable libertarian success in Argentina. Is the collective West so blind or has it gone too far down the path of moral decay to even have a chance of following in his path? I guess we need the right politicians to give us hope.
I often think that, sadly, we have not gone far enough. remember, Argentina was a mess for 75 years before the people there finally had enough and elected Milei, maybe 100 years. I fear we are just getting started on the process.
well laid out, thanks Tim. I might contend that the American empire didnt really start until post WWII (that's not eleven as per Ilhan Omar🤣, although she embodies the destruction that you highlight.
A superb and truly rational illustration of the ‘direction of travel’ in the West. That that direction has exponentially increased in pace in line with a criminally inspired increase of debt, facilitated by the global banking system and encouraged by an economically illiterate political class, has become all too evident. It now appears apparent that these two equally greedy and utterly untrustworthy assemblages of humanity are determined to inflict an even more duplicitous form of ‘money’ upon the human race, in the form of Central Bank Digital Currencies which will offer a paralysing control over the economies of any nation that is stupid enough to embrace them. Just how the CBDC’s are to be introduced has yet to be fully explained, but the withdrawal of paper notes and coinage from the financial system is fast becoming apparent, leaving digital/electronic trade as the only accepted method, is clearly the inception of a monetary system offering total control to those who have been handed the sole ability to create it. And who are those people? Central Bankers and the puppet politicians whose strings they pull.
I, too, have watched the European creep toward a CBDC and often ask, what will become the medium of exchange for those transactions that seek to avoid scrutiny. think cigarettes in prison or tally sticks in the past. but while a certain amount of business will be forced down that road, I am confident that many folks will not put their entire financial lives in the hands of the government, where negative interest rates will be the norm above a nominal balance in your checking account, and control and visibility to and by the government will be the order of the day
A welcome bit of perspective about where we all are. After reading it, I feel like a great burden has been lifted from my shoulders.
That, Sir, is what I believe the kids call, "a banger"!
For me the decisive factor in what we see going on around us is the sheer, downright thievery. We are clearly, as I've said time and time again, in the "looting the treasury phase of late-stage societal collapse". And so my advice to friends when another appalling political news story breaks is "follow the money"; so often that explains everything. (And, I must admit, there is some satisfaction in the realisation that our enemies are are not some brilliantly intelligent, satanically evil Ubermensch but just a bunch of grubby shyster-thieves, sticking their snouts as deep as they can into the public purse/trough while the going is good.)
But, as you allude to in the article, the ship can be turned around. Thatcher (yes, I know she made some mistakes...not interested, piss off Peter Hitchens) took an utterly broken nation and in 7 years (1979 to 1986) completely transformed it into the envy of the world. The problem is that the political paradigm that's been established since then ensures that a Margaret Thatcher will never get within a million miles of power. (And public sector debt of c. 100% of GDP versus c. 40% then doesn't exactly help either.)
However, I will not despair, because I have faith in two things - God and Tim Price's investment strategy!
Well presented.
Would add other contributing factor to Rome's fall and relevant to now is the collapse of food production from extractive imbalanced agricultural practices...loss of topsoil. This tied in with the dimishing returns on energy/transport (horse, oxen, ships etc.) of food from increasingly distant (more energy/transport) sources as land was depleted.
Thank you Tim. It is encouraging, to me at least, that Milei is achieving notable libertarian success in Argentina. Is the collective West so blind or has it gone too far down the path of moral decay to even have a chance of following in his path? I guess we need the right politicians to give us hope.
I often think that, sadly, we have not gone far enough. remember, Argentina was a mess for 75 years before the people there finally had enough and elected Milei, maybe 100 years. I fear we are just getting started on the process.
well laid out, thanks Tim. I might contend that the American empire didnt really start until post WWII (that's not eleven as per Ilhan Omar🤣, although she embodies the destruction that you highlight.