Monday, March 18, 2019

Here comes the blame game for lack of economic growth...

The folks who sit in the high castles watch the numbers very carefully and they watch public opinion even more.  With growth now fading as the Global Debt Ponzi peaks, Jamie Dimon (Demon more like it) is out putting blame squarely on someone, anyone except those running the Global Debt Ponzi.  According to Dimon, the amount of debt accumulated by the system should have driven 40%, not 20% economic growth and in his view the blame is the lack of skilled US workers.

While there is some truth to the fact that Millennials have not flocked into the sciences like their Asian counterparts, he says nothing about how the dangerously liberalized US fake education system has convinced so many of our young people that college is for moving out of the house and partying for 4 years using debt owed to big banks like JPM.  The kids today are no better or worse than they were 50 years ago.  But 50 years ago if you said crazy things in front of your dad then you were going to get a slap in the face if not a tanned hide.  Today the liberal system treats that kind of essential parenting as a felony.  Most parents simply lack the courage to fight the system and so the indoctrination continues.

All the while, the fake prosperity (which is also debt based) that supports this behavior distorts not only the economy but society as well.  We actually have many hundreds of thousands of young people running around living in completely delusional Walter Mitty worlds because they have been assured that their "safe space" is sacred.  Thus aided and abetted, they continue to try to wish things into existence even if it never works for them no matter how many Magician shows they watch and try to emulate (and there are a Hell of a lot of these on TV right now).

Well, anyone with a brain can see how this is going to turn out.  The debt Ponzi will peak, the fake and temporary prosperity will bust and then these loser kids who have all been infected with the only transmittable mental illness, rabid liberalism, are all going to crash hard.  Crime will go up.  Drug use will go up.  Third world-ism will begin to pop up everywhere in these once United States. 

Many people liberal liars will act sorry for them but then if they are asked to help they will say "I don't want to get involved".  Me?  I won't go to the trouble of acting sorry.  It's just cycles that the herd has to go through from time to time.  It's nature's way of weeding out liberalism and gullibility over the long term.  As a libertarian, I say live and let live.  Not live and help those with few redeeming qualities live.  And not live and care if undeserving people don't live.  Maybe its even intellectually honest to just say live and let those who are going to do self destructive things go ahead and die.  It's really not a big deal.  I will die at some point and so will everyone reading this.  Nobody ever escaped it.  So I don't plan on spending what few years I have left worrying about people who don't want to put any effort into pulling themselves up by their bootstraps.

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