Thursday Western Civilization is perched on the edge of chaos. Nothing will be the same again. We had it made and threw it away with a cavalier disregard for the future of not just our progeny, but of mankind itself. We had risen to a peak of technical innovation with its promise for a glorious future. The law, while not perfect, generally acted to ensure … [Read more...]
Make Mass Misery
Tuesday Why have the world’s leaders acted in lockstep to destroy the economies of their own nations? Why have they continued to panic about a virus which we knew by May of 2020 was nowhere near as dangerous as initially feared. I strongly suspect that they came to the belated realization that the existing fiat ‘money’ system is collapsing – it has been doing so … [Read more...]
From Crypto to Crapto
Friday Crypto's virtue is that they have a degree of anonymity and can be used to shift funds to less unfriendly jurisdictions. A lot of 'money' was got out of China and into Australian real estate using cryptos. Apparently anonymity is no longer certain, though I don’t know that personally. My quibble with the Bitcoin aficionados is the claim that Bitcoin’s … [Read more...]
Regulation Strangulation 2
Tuesday The paradigm shift that is underway in western civilization is composed of minor trends. The distinguishing feature of all these trends is that they are negative. One of the trends is unemployment; it rises inexorably. The free market of yesteryear created businesses; those businesses supplied not only products, but also jobs. It takes a degree … [Read more...]
From Feudalism to Capitalism and Back Again
Sunday No country will be spared the impact of the lockdowns. It was done and that was the end of normality as we knew it. It was the philosophic and economic destruction of Western Civilization. The mystery is that so few identified it as such at the time. The truly obtuse still don’t. To gain wealth in the ancient world it was necessary to loot, … [Read more...]