Posted on 05/02/2022 7:18:50 AM PDT by Diana in Wisconsin
*Charles Hugh Smith Ping*
“In the present, we have all the fragilities of the 1920s and few of the strengths. We have all the debt saturation and speculative bubble excesses but our resources have been heavily tapped and every sector of the economy is heavily indebted.”
We now have a perfect storm brewing. The Northern states are going to experience a home heating energy crisis beginning in a few short months, a pricing crisis like we have never experienced. Instead of boosting production now, Politicians are talking about printing more money to handout in the form of energy welfare stipends - it's going to be an epic crisis.
Maybe we’re headed for the German economy of the early 1920s and the German politics of the 1930s. All at the same time.
And your thought is what is almost if not an absolute
As someone once said, history doesn't necessarily repeat, but it does often rhyme (and keeps a steady tempo, apparently).
It has been clearly outlined, in the book Nineteen Eighty-Four, and the Biden administration is following it carefully.
The Ministry of Truth is the DHS “Disinformation Governance Board”.
The Ministry of Plenty, while not officially named yet, is in charge of the Recession and orchestrated fuel, fertilizer and food shortages.
The Ministry of Love has also not yet been formalized, but it is trying out its abuse on the Jan 6 prisoners.
The Ministry of Peace is involved with both the heavy erosion of the US military, and the promulgation and arming of the Ukraine war.
We’re in uncharted territory.
I have posted this before.
I was in Mongolia after the demise of the Soviet Union. Among the difficult times they had, I have never seen a people more proud of their past and excited about their future.
In their case they rediscovered Ghengats Kahn and Buddhism, their heritage, and they had freedom from the entrenched bureaucracy that had enslaved them.
What heritage will we rediscover?
Tough times brings out the best in people.
Look at all that sunshine.
Good cup of coffee.
My furry friend is with me.
Let’s see what’s bothering people today.
We’re in uncharted territory?
We’re Americans.
Give us uncharted territory.
That’s when we are at our best.
“Maybe we’re headed for the German economy of the early 1920s and the German politics of the 1930s. All at the same time.”
Comforting, ain’t it? *SPIT*
“Give us uncharted territory. That’s when we are at our best.”
I agree. Me & mine will be fine; it’s the millions of clueless slackers that I’m worried about. ;)
We were just discussing the new, ‘Brandon Ministry of Truth’ over breakfast this morning.
Chilling times we’re living through.
994 days to go! And, so many more worse things will happen between now and then. :(
Mostly due to heating fuels such as LP gas, natural gas and oil, all 3 are skyrocketing and consumers could be faced with costs exceeding twice what they had a few years back.
Dems don’t like hydrocarbons.
Voters not gonna like Dems.
That’s 50yrs apart. Interesting, I wonder if there was a “Panic” in the 1870’s?
“That’s 50yrs apart. Interesting, I wonder if there was a “Panic” in the 1870’s?”
Panic of 1873:
https://en.wikipedia.org/wiki/Panic_of_1873
Make America Last Again
Interesting... And about 50 years before that, there was a Panic of 1819.
“The Panic of 1819
In 1819 a financial panic swept across the country. The growth in trade that followed the War of 1812 came to an abrupt halt. Unemployment mounted, banks failed, mortgages were foreclosed, and agricultural prices fell by half. Investment in western lands collapsed.
The panic was frightening in its scope and impact. In New York State, property values fell from $315 million in 1818 to $256 million in 1820. In Richmond, property values fell by half. In Pennsylvania, land values plunged from $150 an acre in 1815 to $35 in 1819. In Philadelphia, 1,808 individuals were committed to debtors’ prison. In Boston, the figure was 3,500.”
https://www.digitalhistory.uh.edu/disp_textbook.cfm?smtID=2&psid=3531
Sorry, but the life style YOU HAD is unavailable for the next few years if ever!
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