slow, fast, instant 3, article 2 of 2 today

SLOW, FAST, INSTANT 3 ( article 2 of 2 today )

Many economists of the non-CNN talking propaganda head variety, non academic, Austrian School types, believe that the US has actually been in a negative rates of growth in GDP since the Tech Wreck. Basically, it isn't rocket science as they subtract the REAL rate of inflation from the stated GDP and they get a negative rate. I like to spread a wider net and add all kinds of spicy ingredients such as Peak Oil, fracking EROI, backing out Wall street manipulation from Derivatives, Fed injections and just a pinch of Uber Paranoia, and tend to agree.

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Now, obviously, it also isn't that hard to figure out that a negative growth rate is pretty bad for an economy and one of the side effects is that it's velocity of collapse increases. And WHY is it important to know that more than likely GDP has been negative for twenty years? Because it means this next economic collapse isn't going to JUST be a recession. Global debt is TWICE what it was in 2008, but worse the derivatives exposures are twice to three times as high. Right now, paper silver derivatives are 200 to 1, paper to physical.

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It just takes three percent of people to demand actual metal and the whole system implodes. Gold is “only” 100 to 1, and yet London cannot come up with the gold to meet delivery demand. Perhaps these reported numbers of leverage are even worse in reality. Yeah, leverage is your friend, until it isn't. Fair weather bitch! I'm sure the bankers are really feeling put upon. Remember that Repo market fiasco? Right, now they are up to 42 days repayment, not all loans being overnight. But nothing to see there, no bank bail-out!

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I don't bring this up to convince you the End Is Nigh. You should already be convinced that the economic collapse has already started, and all I'm doing to trying to underline how much worse it will be, because Lies. I Honest Injun thought that 2008 was it. That is why I moved to the junk land. Elko Nevada has far too many people, granted, but where I was had three and a half times as many people, with many more just thirty miles away. Here, those “many more” are three HUNDRED miles away. A huge difference, even if I didn't achieve perfection.

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I didn't have time to achieve the perfect survival location. I had to deal with what I thought was an Instant collapse. Not as in “overnight” but as in “any friggin day now it all does dark”. I was singularly focused on getting out of debt, base calories ( meaning the cheapest and healthiest possible, but not the perfect nutritional balance ), winter survival shelter and adding to the ammunition count. All refinements to that came later. And what I fear, for you because I'm pretty well covered, is that we are at an Instant point again. But this time it is far worse.

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We basically had ten years of Fast collapse, causing 2008, and since then we have seen exponentially FASTER collapse. How can I NOT see the next phase as INSTANT? Look, do you really think the Blue forces of evil going full retard was because Trump was elected? Yes, that was the ignition point. But WHY? Why now and not years ago when, say, Bush Junior was screwing things up? It's the economy, stoopid. And yes, I know the Federal Reserve essentially took us off the zero interest rate right about that time. In effect, scaring the zoo animals with the election.

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The Fed basically caused the political unrest not because of who the President is-it matters not as they will all be in the bankers pocket-but to turn on a smoke generator to obscure the state of the economy. What is the ONLY thing we've heard about BEFORE Trump was even “elected”? All politics, 24/7. And politics don't matter, does it? Hilary was owned by the bank, obviously holding proof of criminality. Obammy was owned by the bank, proof of immigration status and religion held over his head. And the bank owns Trump, proof of financial shenanigans from all the bankruptcies ( and probably Mob connections ).

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So, Politics Do NOT Matter! Banker Bitches select the candidates and whoever you vote for is owned by the bankers. Sure, they can STILL screw things up worse with their politics, but at this point that is the least of your worries. And some things are probably not a worry until after the economy crashes. The bankers wouldn't approve of gun confiscation now, as a rebellion would crash the economy itself. Afterwards? Probably guaranteed. The Politburo will need free slave labor to keep everything running as oil severely contracts in supply.

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That right there is all the reason you need to oppose gun confiscation. Give up your guns, get on the train to the Work Camps. Underfed, heavy manual labor, unheated barracks and no medical care. You do the math on how long you survive. You KNOW slavery is going to make a comeback after oil. So don't discount how bad it will be once the banks crash. Without the banks, fracking oil stops. Minus six million barrels. Once the economy crashes, making the military impotent, everyone pulls out of the PetroDollar. Minus another six millions barrels per day. Amount left-six. Amount used today, eighteen.

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Again, do the math. It isn't hard and I can't even stop you from using a calculator. We were using 20 million barrels of oil a day, building up suburbia for all the illegals the entire time, plus super sizing retail in the 90's and building a lot of extra housing in the Aughts. Plus occupying the Sandbox. But after Peak Oil hit in 2005 ( plus, no oil bonanza from Iraq ), after a few stupid moves such as ethanol and hydrogen, we hit on fracking oil as the only thing that was going to save our asses. We lost a lot of imports to China ( and others holding her coattail ), replaced six out of eight million barrels with fracking, and those missing two were taken care of with Demand Destruction from drivers.

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But here is the hard math part. We didn't JUST lose ten percent we couldn't replace. We didn't JUST lose five percent of gasoline net energy with ethanol. We also lost net energy to fracking. At least half of the fracking oil is near worthless in terms of net energy. In effect, the economy took a hit in Available BTU's of about 25%. And that is WITH the “miracle” of fracking. Wonder yet why the economy is doing so bad? We lost a quarter of our energy needed to run everything. Yes, the Federal Reserve Bank needed the Useful Idiot communists to distract us from economics.

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( math: EROI on US conventional oil is about 7:1. EROI on fracking oil is probably lower than I give it credit for, but due to asset stripping we can be generous and call it 3:1. That is why I call half of fracking a net lose. So, three million barrels rather than the six actually produced. Two million we no longer use. Not even counting the five percent gasoline energy drop from ethanol, we are in effect only using 75% of the oil we had prior to fracking/Peak Oil )

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Care to guess how much of an import drop we had in the early 70's with the OPEC embargo? Under five percent. THAT caused us to ship all our factories overseas, turn our economy over to the bankers and have interest rates of near 20%. And yet we just lost 25%. Granted, a loss of oil directly and a loss of net energy are two totally different animals. We have been losing EROI since we started running our economy on oil. I'm merely pointing out how bad you can expect the economy to get, just from that ONE indicator. There is a lot MORE pain that is going to be piled on from banker manipulation and geopolitical events. Continued, and I promise, concluded, tomorrow.

( .Y. )

( today's related Amazon link click HERE )

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note: want to know if you are prepped enough, gun wise?  Midway and PSA have super Black Friday sales and you just delete the e-mail with a "meh".  
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note: Netflix is going to have the original Red Dawn on December 31st.  Mark the calendar, Wolverines.  
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note: one of the best Black Rifle Coffee Company ads since the Mothers Day and the Coming Out Conservative shticks.  HERE 
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note: I normally ignore the holidays, giving them scant to no acknowledgement, but enjoy the family today.  Peace
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note: J.Y., many thanks for the generous PayPal donation.
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note: free for today books.  Either a disguised zombie or a horror PA HERE.  
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