The Unique Property
Between a Rock and a Hard Place
Anyone with half a brain (that probably cuts out about 80% of
the population) can work out that we are in a hopeless mess
which is steadily getting worse.
I hasten to add that I am not seeking to take a swipe at any of
my readers, but, let me put it like this. 37% of American voters
think Biden is doing a great job as president. What can we say
about that vast swathe of humanity that thinks someone with
advanced alzheimer's can effectively govern a country? And how
can the USA not be in a mess under such circumstances?
I am being offered plots of land back where I was born at prices
last seen twenty years ago. I'm tempted to buy, but I suspect
they will be dropping a lot further yet.
It's all so simple; debt. If you borrow, then you have to pay
back. If you are paying back, then you have less money to spend
going forward. By all means borrow to make more money, but who
does that? Some companies, but rather a lot dont. Some people,
but very few. No governments at all.
As interest rates rise, so more money has to go towards paying
back money owed. As inflation rises, so the cost of living
rises. Put the two together and you have a recipe for empty
pockets at the end of the month, and a reduction in the number
of people with money to chase house prices upwards.
As I always say, you buy when rates are high but falling, not
when they are low and can only go up. Now is not the time to be
buying houses. If you want to sell, that is probably a good
idea. Sell and rent. Wait for the crash and then buy back in.
As for life, the future, and the good times; what can I say? Put
the politicians in jail where they can't do any more damage and
we'll be alright.
The USA politically speaking is going to hell in a handcart.
China ought to be benefiting, but is hell-bent on wrecking its
own economy and social order. The poor folks in Egypt are
starting to starve because they cant get the food they need.
I wonder if there will be problems next door as well since Sudan
no longer controls South Sudan, which is where their food comes
from, and the two tribes hate each other.
It doesn't matter which way you look, the social and trade order
of the planet is in total chaos. And to make matters worse, the
USA, which is already broke, is still interfering in Europe,
where it isn't wanted, and has just sent another $1.3 billion to
Kiev to keep the war going.
Who benefits? The war lords. At the end of the day, Russian
Donbas will merge with Russia as they have wanted to do for some
time. The politicians must know that. They aren't terribly
bright, but they know where the money is.
It's the same with the pandemic. It's fascinating watching the
way that playbook is playing out, but as always if you want to
get to the truth, follow the money.
If a member of your family dies from a blood clot, or has a
miscarriage, or any of the hundreds of contraindications listed
for the vaccines, you have no recourse against the company. But
Wall Street firms do have recourse.
Am I serious? You bet I am. If the companies dont disclose
material facts to the investors, those investors can sue if they
start to lose money because of the failure to disclose. This is
why the drug companies are being forced to warn investors of bad
things on the horizon.
"Our revenues depend heavily on our Covid-19 vaccine", and
future revenues are "uncertain". And Pfizer admits "We may not
be able to demonstrate sufficient efficacy or safety of our
covid-19 vaccine... to obtain permanent regulatory approval".
But then anyone should have known there is no regulatory
approval for these vaccines, so why anyone with half a brain
would take them is beyond me. The only people I know who are
currently ill with the disease are those who have taken the
vaccine. The rest of us are fine.
The quarterly report to stock holders goes on to say that even
if they do get regulatory approval, which at the moment is
unlikely "the products may not gain the market acceptance among
physicians, patients, hospitals, and others in the medical
Those who have concerns for basic freedom of speech should be
writhing at the new bill brought in by Democratic lawmakers in
California. It effectively shuts down freedom of speech and
thoughts, and prevents people from uttering any views not
acceptable to the lawmakers "no matter if they have scientific
evidence to support them".
What is happening to this world? The Chinese morality is
spreading at an alarming rate.
Maybe now is the time to sign up to that one-way trip to Mars.
The trouble is, the plane won't be leaving until the mid
thirties. Anybody got a better idea?