A million seconds is ~12 days.
1 Billion seconds = 32 Years.
1 Trillion seconds = ~31,600 years.
National debt $31 Trillion.
If you paid a dollar a second, it would take you 979,600 years.
Or if every American agreed to pay, we'd each have to stroke a check for ~$240,000
🧵
(this math was done when the debt was $14 Trillion
The Interest payments ***ALONE*** on our $31 trillion in US debt exceeds what we spend on the Defense Department.
Stanley Druckenmiller (famous investor) on CNBC. "The intrest payments on the debt alone wil consume everything."
Here's what the media says:
Here's what Nobel Prize winning Economist Milton Friedman says:
Here's what pundits and propagandists say.
(This one in particular is heir to a banking dynasty so he know better...or something)
What politicans said:
Here's what politicians and media said in unison
More of what the media said
Well we dont know who to trust here....so what are companies and bankers doing and saying?
Smart guys like head of Goldman and JP Morgan...what is their take on things?
oh.
Maybe we misheard the politicians....let's check back in.
Wait a minute:
"if governments can just print money, why are we paying taxes?" 🤔🤔🤔
Why does inflation exist anyway?
oh.
Ok ok .....So how much inflation we talking exactly, is it *REALLY* that bad?
Let's check the purchasing power of $100 over time.
Ok, that can't be right, let's check another source...
The power of dollar over time (infographic)
With our personal finances, and with common sense, everyone knows you cant spend your way our of being in debt. You have to cut expenses. Modern Monetary Theory (MMT) and Keynesian economics tells bureaucrats that this is wrong and that you CAN spend your way out of debt.
"You can't Keynesian stimulate your way out of Cost-Push Inflation"
-- P. NAVARRO
So how bad could it get exactly?
In Oct2022 Charlie Munger (Warren Buffet's long-time investing partner) said exactly what others have been saying since late mid 2021. "The troubles that come to us could be worse than what Volker was dealing with."
So if smart people know this why are they doing this and not reversing course? 🤷🏾
We can't know their motivations but maybe we can look at what they did in past crises:
In 2008, 4 of 7 Federal Reserve Bank seats departed just weeks before markets started imploding.
We are in competent hands. Jerome Powell at the Fed and that loveable apsy gnome Janet Yellen at Treasury.... What's she been saying lately?
Oh here's something from 21March and then the very next day.
oh.
Ok so maybe they're just busy and overwhelmed... how bad could it be? Maybe smart hedgefund guys like Ray Dalio (creator of the largest hedgefund in the world) knows....What has he written recently?
ah crap
is there anything to substantiate Dalio?
ugh
If things were really not good, the media and politicians wouldnt outright lie. There would be some kinda indication they were obviously wrong.
"freedom of speech is a wonderful invention, it is a bleeder valve to get rid of dissent in a relatively harmless way.
BUT
if freedom of speech mobilizes people so that their concerns become actionable, then things begin to happen"
Isn't it weirdly coincidental how this anonymous amorphous group of "boots-on-the ground" activists coincides with the ideology of a nameless-nationless cabal of 19th, 20th, and 21st century "BIG THINKERS"?
It's probably just pure coincidence.
🧵Thread of examples 👇:
David Rockefeller, representative of one of the most powerful American dynasties. Pushing for "world government" no borders, no nations
They *REALLY* need to implement their Algocracy. because if everyone thinks the computers are making decisions, they won't realize "there is no AI" and that they're actually just living in a dictatorship
This too, much like using a "battle for Ukraine" to force regime change in Russia....is a longrunning plan built, implemented, and executed by the Brzezinksi/Kissinger faction.
It's their plan for a "Technetronic Era".
Move from Democracy to Technocracy
Are we sure the U.S. "won" WW2? or was it that the nameless/nationless ideological faction (that "created" the Nazis in the first place) leveraged its worldwide assets to sell a "WW2-end story" to the World while it continued operating unfettered?
are we currently watching this "nameless/nationless ideological faction" leverage its worldwide assets (via NATO) to settle a unsettled WW2 debt with Russia?
In Ted Kaczynski's cabin among a stack of books was this one at the very bottom. It is about a piece of history I knew nothing about.
A time when citizens (amidst rampant corruption) took matters into their own hands.
A short on The Committee of Vigilance. 🧵
The San Fran Committee of Vigilance is a group of citizens that cleaned up in 1851 when law enforcement couldnt keep up with all the corruption and crime.
They tracked the corruption from the streets all the way up to city hall arresting, hanging, or forcing resignations of their targets.🧐 en.wikipedia.org/wiki/San_Franc…