GOLDEN JACKASS 2
Yesterday we discussed
what a wonderful guy Jim Willie is ( as has been pointed out here previously,
anyone named James is automatically considered special and above the common
Dirt People. I’m sorry, I don’t make the
rules ) and his assertion that the PetroDollar collapse already happened (
after being chipped away at for years ) and our central bank papered that over
with derivatives and kicked the can down the road. It sounds rather convincing to me, if only
because you can’t have a severe decline without breaking a few eggs and
derivatives have been the bankers Go To move forever.
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Now we continue on with
more of the articles topics. Actual
inflation is at 10%. Now, we all knew it
was higher than actually reported, because while all those Old Humpers out
there were thrown a bone and given COLA-cost of living allowance-adjustments on
their Social Security, they seem to have all skipped all math classes ever and
don’t realize that once the Boomers all started to retire the Ponzi Scheme
couldn’t pay for all of their Florida condos and Arizona golf courses. The official inflation rate is lower on
purpose to keep all those greedy grandparents from getting bored and buying
scratch off tickets all day long. Hey,
hump you! I get to miss my kids
Christmas so you can play Lotto all morning?
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And we all know about
commodity cheapening. Just three years
ago I’m buying the Heeb hot dogs for under $5 for 16 ounces and now the Goyem
have to pay for all those funny hats with $6, nine ounce packs. Serves us right for being unwilling to buy $1
lips and arseholes from cancerous chicken parts. Not only package shrink but the terrible
quality. NOL had to go buy a dryer
because the apartment laundry room one had been heating up and smelling and
threatening to burst into flame ( I took it apart, amongst dreadful confusion
and swearing and replaced the heating coil, but it was just worse
afterwards. And that was without extra
parts left over! ).
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Of course, Home Despot had
you wait for two weeks for an appliance, because, you know, hump you that’s
why, so we went to the only other place in town, Sears. They are independently owned so they have a
chance of surviving the chains bankruptcy.
On a $379 dryer they would have charged another $80 for delivery and
around $80 for a three year protection plan.
Those are usually not protection plans per se but rather a product lifespan
guess, plus one month. Your crap always
breaks just after the plan expires. I
never get them. Now I’m wondering if I
gave GE too optimistic of a quality control guess. I won’t start again on shoes, my hobby horse
of quality decline ( one You-Tube survival guy recommends “L.A. Police Gear”
for $55 boots that last over a year of hard use ).
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But JUST monetary
inflation yearly is around 10%, averaged out over nearly twenty years. Oops-ee!
That makes me a little more nervous about my cash savings. Not that I want more silver ( putting too many
eggs in one basket ). And ammunition won’t
buy food ( while in the decline ). I’m
seriously thinking about putting more cash savings into wet canned meat. Anyway, that is all of course pre-fracking
oil industry collapse. You ain’t seen
real inflation until our energy supply contracts. 10% will seem dreamy. I was concerned about the petrodollar
collapse since we still import half of our oil from overseas ( Saudi Arabia is
already accepting Chinese currency for oil.
She just knows better than to not also take dollars. Not that her oil will be a factor too much
longer ).
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And that is still going to
happen. It just won’t matter then
because ALL trade is boned at that time.
It wasn’t really hyperinflation as much as lack of trade for almost
everything that frightened me so. It
seems that few people want our fracking oil.
It is like the Venezuela crap.
Fake oil costly to process or use.
Gold Jackass seems to think that rising prices ( through manipulating
the Texas and London prices ) are one way the frackers are being subsidized to
stay in business. It makes sense as they
were losing money at $100 a barrel.
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Then there are soy beans
and Chinese trade. It is reported by GJ
that a lot of soybeans are rotting in silos because the Chinese tariff
tiff. They evidently don’t need Big Ag
as much as BigAg needs them. They are
getting supplies from elsewhere. I think
there is some indications we were involved in Brazilian politics, as in CIA or
such. And the Brazilian folks in charge
down there are not as big of idiots as the LefTards here in this country,
believing Russia is behind hacking. They
know who there enemies are, and they don’t drink vodka. So they would naturally
be disposed towards Chinese wishes for agriculture commodity trades.
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Not to mention
Africa. Not only are more African
nations now trading in Chinese currency for oil ( while we just send in
SpecForces to try to stir up trouble ), there is a lot of ag commodities going
from there to China. This is a lot what
hubris looks like, when you take conditions of prosperity from fifty years ago
and insist they still apply contrary to all evidence. We USED to be the global bread basket. We USED to grow in fertile soil and used home
grown oil to do so. We USED to have
surpluses before we filled up the place with Other Colors.
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And one more Fun Filled
Fact while we are in Africa. Look at the
map, the east cost at the Horn. Right
across from Yemen is a little turd of a country, Dijibouti. GJ reports that China has a good stronghold
there, mostly thanks to the Saudi-Yemen War.
And guess what just happened?
There was pirate activity against Saudi Oil. I can’t imagine who was behind that. Now, go up a bit and what do you see? The Suez Canal. Are you getting a strategic picture yet?
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We have already lost
geopolitical control of the globe. We
can’t admit that, ‘cause ‘Murica! We
have already lost economic control, as we no longer have the key currency
anymore. We are in a period after the
can has been kicked down the road but before we run out of road. If any of you are under the assumption that
Very Bad Things Economically This Way Come are not already baked into the cake,
go buy an extra box of ammo. You only
need one round, but they sell them by the box only. Get prepared to eat that bullet.
( .Y. )
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note: wonderful minion suggestion. For apocalypse reloading, a car battery has near 20 pounds of lead in it. Out-bid the recycle center or auto shops ( with the core charge/tax ) on Craig's List or however ( I'd camp out at Wally by the auto center with a sign ). Our tax here is $8, if I recall correctly. I would have no problems getting as many batteries as I needed at $10, and instead of $2.50 a pound mail order lead it would cost me .50cents a pound. I'm sure the lead is "weird", and the acid is a danger, so I wouldn't use this for every day reloading, just post-apoc. Thanks, loyal minion! ( in response to the e-mail newsletter article you all refuse to subscribe to ).
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note: wonderful minion suggestion. For apocalypse reloading, a car battery has near 20 pounds of lead in it. Out-bid the recycle center or auto shops ( with the core charge/tax ) on Craig's List or however ( I'd camp out at Wally by the auto center with a sign ). Our tax here is $8, if I recall correctly. I would have no problems getting as many batteries as I needed at $10, and instead of $2.50 a pound mail order lead it would cost me .50cents a pound. I'm sure the lead is "weird", and the acid is a danger, so I wouldn't use this for every day reloading, just post-apoc. Thanks, loyal minion! ( in response to the e-mail newsletter article you all refuse to subscribe to ).
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