We are doomed. I will sometimes venture an educated guess, but by no means can I claim to know how that doom will manifest, nor even how it will telegraph itself. Part of the problem is we have too many things going wrong at the same time. The economy is already lost, but most people in the US simply don’t realize it yet. When they do, expect some panic. We have those threats of forcing folks to take the “When Pigs Fly” flu vaccine, along with a host of other tyrannies likely to signal civil war. We have threats of expanding our warfare in the Middle East to Iran, and the need for too many more troops without instituting a draft. The IRS has already promised to put us in jail if we don’t buy Obama-approved health insurance. Various attempts at mass gun confiscations are in the works. The broad “community” of law enforcement people are ready to stomp anyone insufficiently obsequious in the face of even the most outrageous crushing assaults on human rights and liberty. Lots of things are going in the wrong direction.
Unlike so very many who like to trumpet these things on their websites, I’m not trying to make a buck from it. Nor do I somehow conveniently forget when I propose a likely date for certain kinds of bad stuff. I truly believed the end of last month would find us in a final crushing loss of value for the dollar. I wasn’t sure what the mechanism would be, though I suspected it would be the result of foreign banks demanding ours come clean. American banks are currently hiding the fact a major portion of all mortgages are dead, or “non-performing” as they call it, because acting to foreclose would force them to account for the true value of their losses, making each admit to being insolvent. It would close them all down. Those who know more than I have investigated and shown evidence vast swathes of mortgages in the US are not properly accounted for on balance sheets anywhere. Some of these were the same folks who honestly expected it all to crash by the end of September.
They aren’t saying anything about it right now. Given how it all works, it’s quite possible the foreign banks have already played their hand. We are unlikely to know, since this is the stuff of secret banking communications. Given the massive number of dollars involved — hundreds of trillions perhaps — it might take a few days for the ripples to become visible. I suppose if we have a sudden spike in bank closures, that would be a signal we can use to deduce it has happened. Or maybe something else equally dire, but simply kept from our view. But I believed these experts, and tried to put their reports in easier terms to understand. For the time being, I still believe them, but if by mid-month no evidence of their predictions appear, I’m going to dismiss them from my reading.
But I haven’t forgotten I repeated their reports, thus endorsing them. If it turns out wrong, it shows my judgment of such things is pretty bad. If I can’t do any better, I need to stop writing on such subjects. Given that’s a major feature of my posts here, I’ve promised to shut this blog down. Since some of my posts are about other things, to which other sites have linked, I’ll leave it running, but I’ll stop posting — I’ll shut up. I’ll make one last post eating crow. Then, perhaps after a hiatus, I’ll restart, but stick with stuff I actually know about.
