Argentina has many advantages.
It’s geographically isolated, away from the winds of war which might blow in the Northern Hemisphere.
It’s a giant country almost the size of Western Europe but with only 45 million people.
It’s got absolutely everything in the way of
.
@JMilei
is looking to freemarketize the country.
With sound money, free banking, the abolition of most all regulations, and a very radical reduction in taxes, Argentina could become a gigantic version of Dubai or pre-takeover Hong Kong.
It would draw capital in from
The middle class is disappearing before our very eyes.
Of course, this was not only predicted but advocated by Lenin. He said that the middle class would be ground between the millstones of taxation and inflation.
Generally speaking, all Statists—whether they be communists,
I expect that in this next bull run, we're going to see gold go to very high levels.
So that's why I continue to accumulate gold and speculate in gold mining stocks.
When the psychology of the public changes, it's going to be like trying to funnel the contents of Hoover Dam
They want to wipe out the middle class.
Why?
The bourgeoisie—for all their faults—are traditionally entrepreneurial, free-thinking, and liberty-loving.
The self-anointed elite would prefer a kinder and gentler version of feudalism.
A world in which they’re on top and
The biggest “clear and present danger” right now, to use their lingo, are CBDCs.
You won’t be able to buy, sell, own, or transfer anything without going through the central bank’s computer.
They have the prospect of reducing us to veritable serfs.
Serfs with currently a high
We’re headed towards much higher levels of inflation. But along the way, we could have a severe credit collapse—a deflationary depression similar to that of the 1930s. The authorities in control of monetary policy actually have no idea what they’re doing.
Doug Casey on the World’s First Anarcho-Capitalist President
It could be the most dramatic thing that’s happened politically since at least World War II. Anywhere.
Why?
Because he’s an AnCap libertarian who’d like to abolish the State—or come as close as possible.
I can assure you that I pay no attention whatsoever to the amount of carbon that I may be burning on a plane or anywhere else.
It’s part of a psychological war the Left is waging, using guilt and shame as weapons.
It’s another indication of the lockstep, the groupthink, that
Even if the Mafia controlled the United States, I can’t believe Tony Soprano or Al Capone would try to steal 40% of people’s income from them every year.
They couldn’t get away with it.
But—perhaps because we’re said to be a democracy—the US Government is able to masquerade
If I’m right (and I feel as sure about this as I ever have about anything), then it’s not going to go well for libertarians, classical liberals, old-line conservatives, individualists, freethinkers, non-conformists, people who cruise suspicious websites, or gamma rats, generally.
EVs are just the most egregious current example of state intervention causing huge misallocations of capital and generally reducing the world’s standard of living.
Most government economic “planning” is about as smart as having half the people dig ditches during the day and the
It’s like watching a bunch of chimpanzees hooting and panting at another tribe of chimpanzees across the watering hole.
I have no interest in being a part of the charade—although that’s dangerous.
When the market turns to gold stocks, it’s like trying to force the contents of Hoover Dam through a garden hose.
In the case of uranium stocks, however, it’s more like a soda straw. It’s a very, very small market.
.
@RonPaul
has a program for homeschooling kids. His platform makes it easy for you.
@ThomasEWoods
does a lot of excellent work in this area, too.
If your kids follow the programs Ron Paul and Tom Woods lay out, by the time they’re ready to go to college, they’ll already know
I presume everybody’s heard the mnemonic, “Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.”
Unfortunately, American civilization has reached the stage where it’s getting soft, weak, and degraded.
I place
Conscription, or “national service,” doesn’t have a place in a free society.
If a society is worth defending, its members will rise up to do so, and they won’t have to be forced to.
If
@JMilei
wins the Argentine elections it could be the most dramatic thing that’s happened politically since at least World War II. Anywhere.
Why?
Because he’s an AnCap libertarian who’d like to abolish the State—or come as close as possible. If he’s elected in October, he’ll
The big problem facing the world today is that governments—especially the US government—have become far more powerful than ever before relative to their own societies.
It’s almost at the point where they realize that they can’t fight each other, because war has become way, way
The Middle East problem not only can’t be solved peacefully, it can’t be solved at all.
The US must stay out of it. And stop treating Israel like a 51st state.
The only solution is to stay out of it and follow Thomas Jefferson’s advice: “peace, commerce, and honest friendship
The great bull market that started in the early 80s came to an end in 2022. The bull market was driven by a number of things, but not least has been the immense amount of currency units created by central banks. (1/3)
Almost all economic problems originate with government intervention.
The solution isn’t more laws regulating how businesses can act and price their products but less laws.
And by less, I mean none at all.
It has been said that war is nature’s way of teaching Americans geography.
That’s true.
Not one American in a thousand even knew Yemen existed until a few weeks ago; now, they all have opinions on what “we” should do, even if they still can’t find it on a map.
But fear not.
As far as I’m concerned, both the COVID hysteria and brain-dead support for the Ukraine regime are just overtures to the main event, namely climate change.
They are all psyops based on lies, misinformation, and disinformation. The idea is to keep people’s thoughts in line, as
Ecofreaks don’t really care about the birds and the bunnies so much.
That’s just a veneer.
They actually just hate people and really want them to disappear.
At a minimum, they want to control them.
And the great global warming/anti-fossil-fuel hysteria is a great way to
The people who control academia, major corporations, the media, and the entertainment industry, among other things, actually hate the values of Western Civilization.
Worse, these people control the apparatus of the State and use laws and regulations to enforce their views.
Currency inflation creates chaos, even in a relatively primitive economy like that of the Romans—where there was still a lot of barter.
Once the rulers found they couldn’t depreciate the currency anymore, direct taxes went up substantially, but it became hard to collect them
It’s rather shocking that in a traditionally middle-class society like the US, that the “one percenters”—typically those wired to the State and major corporations—now own about one-third of the total wealth.
What’s even more shocking is that the bottom half of society only owns
Indebted companies that catered to “Before Times” patterns will go bust. By the time this bear market bottoms, the average guy will have forgotten the stock market even exists. And will want to attack the person who reminds him it does. (3/3)
The capitalist system in the US is long gone.
We’ve devolved into classical Mussolini-style fascism, which is to say, State corporatism, where corporations and the State work hand-in-glove.
It’s euphemistically called a public-private “partnership.”
Let me re-emphasize that now is perhaps the 11th hour to diversify your assets abroad.
Foreign exchange controls are looming in many countries, especially in the United States, which is running massive foreign trade and balance of payments deficits.
To stop the hemorrhaging,
The “powers that be” actually want to destroy the middle class.
It’s apparent that the elite would prefer a society with a small number of themselves supported by a sufficient number of plebs but without a troublesome middle class.
What passes for economics today isn’t science; it’s more like a religion, where dogma is handed down from on high.
Economists write abstruse papers that are used as reasons for the government to “step in” and “do more.”
Economists have actually become something of a secular
Davos is an "invitation only" event for the “elite.” The usual suspects, and almost uniformly horrible people. These people form a subculture. They’re all members, or hangers-on, of various Deep States. (1/4)
Your kids are your most important asset.
You shouldn’t entrust them to government bureaucrats who will indoctrinate them with bad values and misinformation.
What about the Constitution? Isn’t it supposed to protect us?
Yes, in theory.
But it’s simultaneously a dead letter and a “living document” that can be altered to suit.
It’s so selectively enforced and has been so grotesquely reinterpreted that it basically doesn’t mean
I’ll go so far as to say that Central Bank Digital Currencies and digital “health passports” are the most dangerous threats to the freedom and independence of the average human being in modern history—perhaps in world history. (6/6)
Frank Giustra one of the few financiers in the “Master of the Universe” class that understands gold and economics. Frank knows what he’s talking about. I suggest you read this closely.
@Frank_Giustra
It’s caused a very, very long business cycle—a super cycle. As it rolls over, we’re going to see lots of trouble in the corporate sector as distortions, and misallocations of capital caused by inflation are liquidated. (2/3)
I suspect we’re entering a major turning point in history.
For instance, the world before and after World War I was a totally different place. The world before and after 1929 was totally different. The same is true before and after World War II. (1/3)
5 reasons the US should default on its debt:
1) Save future generations from debt servitude
2) Punish enablers
3) Controlled demolition vs. unpredictable collapse
4) Limit further borrowing
5) De-financialize the economy for sound money
A world vaccine passport is the most effective way of controlling people’s physical bodies, and central bank digital currencies are certainly the most effective way of controlling your assets and what you do with them. (1/6)
In the time he’s not partying at what amounts to a five-star resort, drinking and chasing girls, a student is being actively corrupted and indoctrinated.
He’ll emerge with a near-valueless degree, a bunch of bad attitudes, destructive ideas, and a mountain of debt.
There’s no reason for any conflict between Russia and the US. In fact, there are now fewer communists in Russia than there are in US universities. (1/4)
It’s inevitable that the government will now move towards confiscating, directly or indirectly, the huge pool of retirement savings some Americans—the prudent, productive ones—have put together.
In many ways, Washington models itself after another city with a Deep State, ancient Rome.
Here's how a Victorian-era freethinker, Winwood Reade, accurately described it:
"Rome lived upon its principal till ruin stared it in the face.
Industry is the only true source of
The whole legal system is rotten to the core.
Someone needs to push the reset button and restore justice as its guiding principle.
Unfortunately, it seems as if it’s the very worst people who have their fingers on “The Great Reset” button.
Let me start off by recommending both Generations and The Fourth Turning to everybody. Both books offer quite a scholarly, readable, and prescient view of the cyclicality of history. And offer a very plausible forecast for the 2020s.
The kind of people who go into government hate cars and the freedom that they give the common man.
That’s why they want to put everybody in 15-minute cities, where you presumably won’t need real cars, just EV golf carts.
The sociopaths in government will react by redoubling the pace toward a police state domestically and starting a major war abroad.
To me, this is completely predictable.
The twelve things that underpinned the West are free thought, free speech, free markets, property rights, limited government, individualism, rationality, personal liberty, the concept of progress, privacy, the rule of law, and entrepreneurialism.
It’s no secret that the services can’t recruit enough people to keep their numbers where they want them.
That’s in good measure because ESG and DEI have been insinuated throughout the military like slow-acting poisons.
The military is no longer a meritocracy. Now, it’s
We’re looking at a potential financial and economic collapse.
And, a social collapse, largely a result of wokeness, a putrid stew of socialism, entitlement, overt hatred, covert hostilities, and insane views on race and gender.
Throughout history, governments have debased their currencies to finance their wars.
Prices of commodities always rise, with prices for war material leading the way.
Without doubt, the US is transforming from a nation of whipped dogs into something much worse, a nation of squealing rats. It’s because fear is being used by the powers that be to “unite” the country, much the way the inmates of a prison are united.
We’re not as bad by any means as China or the USSR, where the whole society was based on a lie, and it couldn’t even be questioned.
But we’re moving in that direction with current views of political correctness and wokism.
There’s been very little difference between the right and the left wings of the Demopublican Party, which we can call the Uniparty.
Both wings fully support both the welfare state and the warfare state.
Join me and Chris MacIntosh (
@capitalistexp
) for a special video:
The Green Energy Deception:
The Collapse of the Green Scam... How Investors Can Profit Right Now
Anything is possible in a world where technology is advancing exponentially while ethics are going in reverse.
... There are more communists in American universities than there are in all of Russia.
Banking abroad offers legal, political and geographical diversification, it can substantially improve your financial safety, it increases your financial privacy, it can make things more convenient when you travel, and it may offer investment alternatives unavailable with US
Cash is freedom.
And when the State limits the utility of cash—physical dollars that don’t leave an electronic trail—they are limiting your personal freedom to act and compromising your privacy.
Economics has become an excuse for central planning, and economists have become social engineers.
Economics is taught in colleges as if it were a subdivision of mathematics. It’s not.
It’s not all bad news. The WEF types are trying to make governments bigger and centralize things more. But at the same time, centrifugal forces will tear apart many nation-states and decentralize society. (1/5)
With the annual interest on the US now crossing the $1 trillion level, the US government has to borrow money just in order to pay the interest on its debt.
That means it’s pretty much “game over.”
Higher prices are the consequence of this currency inflation. The fault lies with the US Government, not Vladimir Putin.
Currency depreciation is really devastating for any economy—as bad or worse than regulation or taxation. (1/3)
I'll be going live on
@AnCapRadio
December 21 @ 3PM EST with
@BerwickJeff
We'll recap 2023, look at 2024 and more...
This won't be your typical podcast experience – you will be able to interact with me and Jeff directly.
Trump is doing some good things, like deregulating. But the current phony boom is the delayed result of massive money printing under Obama. When the bubble bursts, Trump and deregulation will be blamed. Then we'll likely get a real authoritarian leftist in 2020
"There has never been a better time to invest in the United States. Thanks to our massive tax cuts, historic deregulation, a strong trade policy, which has really just begun."
With the native European population diminishing and the African population growing, Europe will resemble Africa in the next several generations, barring radical change in the trend.
Especially when it comes to war reporting, you never know what to believe.
It’s impossible to separate truth from propaganda most of the time.
Emotion almost always triumphs over reason.
“International organization for public-private cooperation” is a code phrase for economic fascism—which is to say, the hand-in-glove melding of the political power of the State with the economic power of corporations. (1/5)
This is all expensive rhetoric. Immigration would be a non-problem if: There was no welfare of any type to draw the wrong class of person and all property was privately owned, & property rights were strictly enforced. The answer isn't more border cops, but better property rights
A jubilee is really a euphemistic way of disguising bankruptcy.
Bankruptcy sounds bad—but a jubilee sounds happy and good. It’s another example of the language being corrupted.
Student loan forgiveness is the camel getting its nose under the tent.
The nature of the US has been transformed. Americans have come to see the government as a cornucopia that can kiss everything and make it better—especially since the bailouts of the Biden Administration. (1/4)
Economics has been turned into the handmaiden of government in order to give a scientistic justification for things that the government—which naturally seeks more power for itself—wants to do.
Is it possible that the world's elite have decided, among themselves, that the world has too many people and that too many of them are what the WEF's court intellectual, Yuval Noah Harari, has called "useless mouths"? (1/5)