CW TO COLLAPSE 4
I was going to cover Derivatives, as it is directly relevant to how quick our economy is going to eat crap. Luckily, I had a rare moment of clarity and did a search on the blog and came up with a series of articles I already did on the subject that were better than anything I could have written now. You can read the first installment if you care to, but the meat of the subject is in the second one ( posted on 5-18-2017 ).
I would avoid #3, as it kind of seemed like I had stuck a crayon up my ass and squatted over the paper writing that one. I think this was when I was experimenting with writing two articles a day. Too short and they seem to suffer from lack of details. Anyway, I strongly recommend you read that if you need to know about the dangers of Derivatives. I'll just say that the Russian Bond derivative fiasco which almost red lined the economy was tiny compared to the housing bubble. And the Everything Bubble popping now will make the housing bubble look even smaller. All courtesy of greed through Derivatives.
Let us now go back to assuming that all the wealth left in the economy ( for instance, JP Morgan gaming the silver market to go very strong Physical Silver, buying on the dips from profits playing the derivatives game ) has been taken out and absconded with. There might be physical assets left in place, such as oil refinery plants, but as we have seen from the Saudi facilities knocked off line, global industry has taken such a beating and demand is now so low ( those unemployed from robots tend to have less buying power ) that these assets might be costing more than they are making.
Plus, how hard is it to make more money using up or breaking up assets until they aren't worth dingus? In case you kind of missed that party, that profit dynamic has been employed for at least the last forty years if not longer. Look at all the factories left in Detroit, not even worth the value the land used to hold. Look at those tracts of suburbia that have as many crack houses as middle income mortgage holders, the banks making money on allowing those assets to sit unused, decaying before their eyes.
This is what I'm getting at, all the wealth already extracted. A house that costs less in building materials than the state or country is charging in builders permits, selling for a third of a million dollars, didn't have that much in value to begin with. Certainly not the asking price, and one wonders if even the interest costs on a thirty year mortgage. Companies that only stay in business by emulating Turd World countries which pay their bills by continuously getting new loans at lower interest rates, have in essence zero value. Their equipment worth scrap price as no one can make a profit using it themselves.
Even a companies fleet of vehicles ( and an individuals, obviously ) have almost no value as car companies race to the bottom making cars last so many fewer miles than they used to. Intellectual property seems to be worth far less than it should, as management, chock a block full of Diversity Hires, cannot help themselves from ruining any franchise they get hold of. Just look at Star Wars, every picture's profit getting closer and closer to production cost, and they still keep terrible management in place.
And before you congratulate yourselves being a citizen of a land full of forests or soybean fields, recall that there are a LOT of other places that have a cost of extraction WAY lower than ours. Which, I'll remind you, is land worth even less if there is a hot war being conducted on top of those “assets”. Ever notice how little parts of Africa are exploited? Hard to get workers to toil in a war zone for wages the CEO thinks are “fair” ( “Jesus, people, we are paying you more than Chinese Coolies, what more do you want?” Don't you love how Chinese wages were used against us 170 years ago, just like today? ).
What I'm trying to convey is that there is no longer much interest in the financial overlords to oversee the wealth extraction, now that the true wealth is gone. The trouble isn't worth it. Hell, their last best profit center, college loans, isn't even viable, far too many unemployed “smart” people unable to find employment to service those. We aren't going to be saved, because there is nothing to be saved ( if any one of you come out with that Forbes BS propaganda about how overpopulation is good because now there are more bright souls contributing to mans advancement through knowledge, I'll bitch slap you. Knowledge without resources is useless ).
We are, for all intents and purposes, an abandoned African colony, left to fend for ourselves by a broke ass European power. We haven't reached the level of Zimbabwe yet, but we are at least Angola ( the marxists are working towards turning us into a repeat of South Africa, with its White Genocide, but we were never a White minority in a Black country, but the opposite. Care to guess who wipes out who? ).
I want to change the focus here for a second and talk about Mountain Guerrilla, the writer. He had a very good article about how the Deporables are dangerously downgrading the Lefts abilities ( never underestimate your enemies, by misjudging both them and yourself ). A minion left a link on said article, which I do NOT want to search for as too much time has passed and the comments sections are far too full, but I believe it was written about two years ago if you want to search his web page.
He makes very good points. The Left is out there taking police batons to the head, protesting whatever weekly injustice they were just woke to, as our militia heavy of jowl and imagined military prowess angrily tap away on their computers. As I said, a very good point. But this supposes that the geopolitical situation as currently exists stays the same. A good portion of the courage that the Left possesses is for the simple reason that “their” side is on their side AND controls most institutions. A lot of their physical attacks are ignored or minimized.
So conversely White Deplorables must take EXTRA caution dealing with the Marxists because all the institutions are AGAINST us, not supporting us. It is easy being brave when the police chief will stand down his men at a riot, or at least you get a sympathetic judge. Deplorables get set up, get the book thrown at them, and are treated by different harsher standards. The only time one of theirs gets treated as harshly is when another operation benefits from it, which is rare.
Deplorables are probably mostly blowhards and pussies, but more Leftists would be also if they faced our justice system ( justice is in tiers now, in case you missed all the current shenanigans obviously pointing this out ). And, as is plain to see, the future belongs to us. We are the ones living without the benefits of the system, and so are hardened, and we are the ones who must survive without them, giving us practice. We have no will, but are armed. Give us the will, and we already have the means. And the will quickly follows our current path of being denied even food. I'll continue tomorrow with that.
( .Y. )
( today's related Amazon link click HERE )
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comments on today's linked book
Your observations today are mirrored in the Amazon comment by "David".
[ paraphrased ]
'It is all the fault of Trump!
Black© slaves are the fault of Trump!
Trump ignores history!
Evil mean Caucasian male!'
"David" goes on in that vein for a few more moments until he notices he has no audience.
Never stopping to think Trump doesn't know any history, he must Wake the audience anyway. :)Delete
I believe White Genocide in the United States is the goal of the Elites. Certainly, the mainstream propaganda is promoting the killing of white deplorables.ReplyDelete
Remember the fuss when the rap song was Killing Cops? They let that go, and look where we are today.Delete
I watched "A Very Russian Coup" by the BBC on YouTube last night, and one thing that impressed me was, there were tons of teen and 20-somethings out there on the barricades they'd made out of buses and whatnot, and they were really prepared to die out there.ReplyDelete
Deplorables vs. leftists, you'll find there's a generational difference. Deplorables honestly think that with a clean shirt and a firm handshake, any youngun should be able to get a job. That's how it'd worked for them and I'm old enough to have seen the tail end of that.
There are some young Deplorables of course, but they're mostly following on Daddy's or Granddaddy's coat-tails and kids like to get away from the old fuddy-duddies eventually.
My point being, yes, leftists are out there getting cuffed and pepper sprayed and beat up and so on, a few are even dying, while Deplorables are mostly sitting tapping at their computer, afraid to go out w/o their insulin pen.
And all the elite has to do is sit back and wait, the Deplorables are doing a fine job of taking themselves out of the running.
The only thing that will reverse this is if whoever is running things, if anyone is, makes things so bad that it's a "your skin is your uniform" situation, then you'll get the young fighters on your side.
It seems unlikely, but there is also the chance that Deplorables simply die-off naturally, then the system collapses from complete incompetence.Delete
"My point being, yes, leftists are out there getting cuffed and pepper sprayed and beat up and so on, a few are even dying, while Deplorables are mostly sitting tapping at their computer, afraid to go out w/o their insulin pen."Delete
Yes, those brave lefties out there protesting under the protection of the ruling class in their blue enclaves are so brave.
Portland is in dire need of some diversity. Just saying.
Granted, it ain't the 60's protests, commies against fascists. More like Brown Shirts against fascists :) Still, there has to be SOME danger, one would think, if for no other reason than kubuki theater authenticity.Delete