Today I wanted to point out that others are observing what I told us to look for. How many times have I warned that exponential functions have the effect of compressing time between events? Well listen to Danielle DiMartino Booth explain what she is seeing.
That link takes you a couple minutes into the video just far enough to to hear Dimartino talking about, yup, time compression.
As you may know, Booth once worked for the Dalla office of the US federal reserve and then at some point she realized it was a scam and she quit to write her book, "Fed Up". She's careful not to call the system a Ponzi scheme even though that's what it is but she is certainly critical of it. This is the kind of thing that the book talks about:
"After correctly predicting the housing crash of 2008 and quitting her
high-ranking Wall Street job, Danielle DiMartino Booth was surprised to
find herself recruited as an analyst at the Federal Reserve Bank of
Dallas, one of the regional centers of our complicated and widely
misunderstood Federal Reserve System. She was shocked to discover just
how much tunnel vision, arrogance, liberal dogma, and abuse of power
drove the core policies of the Fed.
DiMartino Booth found a
cabal of unelected academics who made decisions without the slightest
understanding of the real world, just a slavish devotion to their
theoretical models. Over the next nine years, she and her boss, Richard
Fisher, tried to speak up about the dangers of Fed policies such as
quantitative easing and deeply depressed interest rates. But as she
puts it, “In a world rendered unsafe by banks that were too big to fail,
we came to understand that the Fed was simply too big to fight.”
In other words, she blames the problems on things like tunnel vision and liberal arrogance. And while I am sure these things are true, they are unactionable for most. I mean, with that description you can still have hope that new people will take over some day and right the ship.
And this is where her analysis falls off a cliff. They are running a Ponzi scheme, those at the top know damned well that it is a Ponzi and their goal is to keep it going as long as possible.
Dimartino is a smart enough woman and I sense she thinks she is doing good. But the world is full of nonvisionary people like her, calling the play by play for a living instead of getting to the root cause of it all like I have. This is why when they finally come around to seeing those things I said were going to happen that they act like nobody could see it coming.
In truth, she is just too close to the weeds. She needs to step back like I did and see the big picture. Only with understanding of the G_d's eye view can accurate predictions be made. I am not surprised that the time compression is happening! I clearly predicted it would happen as the exponential debt entered the straight up portion of the curve.
The big take away of that post was "When you see someone who is supposed to be an economic authority say “I never saw it coming” you can bet that exponents were involved in the math somewhere. The time to think about this stuff is now because when the problems arrive they will do so relatively suddenly, Madoff style."
People think that we have forever before the whole system implodes. PLEASE do not believe this. The reason I have been writing all these things for a decade was to have clear and unambiguous posts like the one above to point back to once the time compression was getting extreme. How else could someone like me ever claim to have any credibility when so many other people are standing on podiums with big audiences just talking random shit or gut feel?
PREPARE. When the system collapses it will be VERY unkind to the sheeple of this country who are not used to any hardship. They will be crushed between the hammer of low growth and the anvil of killer inflation. Store shelves WILL go empty and there WILL be a massive spike in violent crime as scared herd members go into survival mode. What do you think will happen if Texas, or even Florida for example, breaks away from the USA? It could easily lead to civil war as liberal federal government tries to stop the wealthy states from leaving the tax Hell.
Time is compressing and there's nothing can be done about that. It cannot be fixed. We just have to wait for it to implode and then work to not let them start yet another ponzi system to enslave us. But in the mean time, have a plan for where you will get secure food and water from. And if you think "costco" is the answer then sorry to say you are already dead. It will be good if you can work within a group of like minded realists to secure your own future. In unity there is strength.
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