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Monday, August 12, 2019

A house divided cannot stand

Both the USA and China are seeking to take advantage of unrest within the enemy's borders, as a lengthy article by Strategy Page elucidates.
While 2018 was a bad year for the economy, 2019 is not much of an improvement. China hoped to maintain GDP growth of at least six percent while at the same time continuing to safely reduce (“deleverage) the huge number of bad loans local governments and corrupt banks have taken on over the last decade. The economic decline in 2018 could be measured in many aspects of economic activity (production, orders for raw materials, finished goods or construction and so on) and sentiments (of people running the economy and consumers). Chinese stock markets were down over 30 percent by the end of 2018 and for the first time in three years, profits of industrial firms took a dive. At the same time there were similar shocks to the American economy, but much more limited. Chinese and American leaders have not been able to agree on how to resolve trade and intellectual property disputes. China so far resists making any trade concessions. There is also supposed to be a halt in Chinese theft of American IP (Intellectual property) and commercial espionage in general. Until now the Chinese would often flagrantly cheat and then deny that they had done any such thing. This has been going on for decades and the recent American trade war is meant to deal with this long festering issue.

China is apparently hoping to be patient and take advantage of the current political turmoil in the United States. This has made most of the American media and many American politicians reluctant to criticize China mainly because American mass media is obsessed with overthrowing the current U.S. government. China sees an opportunity here and is taking it.
Damn him, deify him, or be disappointed in him, the observable fact of the matter is that God-Emperor Trump is about the only force standing in between the USA and its headlong plunge into economic contraction, violent civil conflict, and eventual collapse.

The schools are converged. The churches are converged. The corporations are soulless, corrupt vampires. The politicians are owned, leashed, and broken to heel. The military is converged.

Après Trump le déluge.

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101 Comments:

Blogger Brett baker August 12, 2019 3:08 PM  

I think the God-Emperor's enemies really believe they can crush America, and rebuild it in their image.
They are of course mistaken.

Blogger Ariadne Umbrella August 12, 2019 3:16 PM  

Bless President Trump and all his family.

Blogger #7139 August 12, 2019 3:19 PM  

... the observable fact of the matter is that God-Emperor Trump is about the only force standing in between the USA and its headlong plunge into economic contraction ...

Yep.

Blogger Ska_Boss August 12, 2019 3:30 PM  

Trumpslide 2020 is just around the corner, globalists and communists on suicide watch!

Blogger dc.sunsets August 12, 2019 3:44 PM  

Politicians' careers appear to exist only insofar as they've committed heinous acts, rendering them subject to utter control. No one else seems to get above the level of dog catcher.

If Trump, et. al. is different, great...but a society this far gone in sloth and triviality cannot be salvaged. The path to renewal runs through a deep valley.

Blogger Jack Ward August 12, 2019 3:46 PM  

The election will tell us. There is the rest of August, Sept., Oct. then, Nov.
The next few months should, I hope, be shocking for the radical left. Should Trump lose the bid for four more years, I cannot imagine the consequences. Military may be converged. Some of it. If Trump falls, I suspect, and have mentioned it here often enough, the Military take the government and protect the Constitution and the country. As a last ditch effort, that would be my prayer. The various dangers for such an effort are obvious.

Blogger Ominous Cowherd August 12, 2019 3:48 PM  

Ska_Boss wrote:Trumpslide 2020 is just around the corner, globalists and communists on suicide watch!

Suicide watch means we get to watch them do it, right? Like with Epstein?

Blogger Richard Holmes August 12, 2019 3:52 PM  

Man, that sounded pretty bleak. What I have been seeing is that Trump followers are turning their backs on him over the Red Flag Laws with Trump willing to have a conversation about it.

The election will tell us. There is the rest of August, Sept., Oct. then, Nov.

What? You thinking the elections are this year?

Blogger dc.sunsets August 12, 2019 3:53 PM  

The credit bubble of the last 40, 60 or 105 years was an unprecedented opportunity for parasites and grifters, and lasted so long that pretty much everyone had no choice but to play the game. We no longer have any idea what economic activity is real and what is fake (existing only due to credit creation disguised by asset price inflation.)
It doesn't matter who is president. When the time for the Mass Mind to stop trusting arrives, what appears solid will turn out to be illusion. It boggles the mind to try to imagine what things will look like beyond that paradigm shift.

Blogger Ominous Cowherd August 12, 2019 3:56 PM  

Jack Ward wrote:Military may be converged. Some of it. If Trump falls, I suspect, and have mentioned it here often enough, the Military take the government and protect the Constitution and the country.

Converged? Only near the top, and the middle, and bottom. The flag officers are pozzed, anti-American political scum, as bad as the globohomo politicians they serve. The colonels are just as bad, if they want a shot at flag rank. The folks at the bottom of the heap are at least willing to go along to get along, or they won't last out their 20.

After Bush, Clinton, Bush and 0bammy, the poz runs deep in the military, because it has been imposed from the top for at least 28 years. How many Reagan era and earlier servicemen are left?

Blogger VD August 12, 2019 4:00 PM  

You're banned, Jed Mask. Stop trying to comment here.

Blogger Ominous Cowherd August 12, 2019 4:00 PM  

Richard Holmes wrote:What I have been seeing is that Trump followers are turning their backs on him over the Red Flag Laws with Trump willing to have a conversation about it.

Not so much Trump followers, but definitely the gun owners are ready to Dump Trump. We see Trump making the Left offers they cannot possibly accept, and can't afford to say no to either. The gun owners see just another lying politician who ran pro-gun and turns anti-gun once elected.

Trump has no connection to the gun culture, and no clue how thoroughly he's alienating us.

Blogger Stg58/Animal Mother August 12, 2019 4:02 PM  

This is Don vs Eric. Don gets it, Eric doesn't. Ivanka, obviously not even in the game.

Don needs to kick his dad's ass on this, if Trump isn't rope a doping the left on gun control.

Blogger Longtime Lurker August 12, 2019 4:02 PM  

The New Cold War: People's Republic of China vs. the People's Republic of Convergence.



Blogger Stg58/Animal Mother August 12, 2019 4:14 PM  

Itshappening.txt

https://t.me/real_AlexJones/2707

Blogger Stg58/Animal Mother August 12, 2019 4:14 PM  

Multi agency raid of Epstein Island!!!

Blogger Salt August 12, 2019 4:16 PM  

It's going to get interesting for China soon. Video coming out of China shows they're getting ready for something something Hong Kong.

Blogger Noah B. August 12, 2019 4:17 PM  

Anyone else see that Chucky Schumer is trying to require an FBI sign off on every sale of body armor?

Blogger doctrev August 12, 2019 4:21 PM  

The deluge might happen despite President Trump. I'd be astonished if gun owners literally chose to empower their executioner by standing aside, but some like -talking- about civil war too much to admit that Trump is the only thing keeping their lives and society from complete collapse. That's just one way he could fail.

And yet China has three problems. Taiwan, North Korea, Hong Kong. Even if they put down Hong Kong, that will be a huge motivator for the other two to declare independence. The diplomatic condemnations alone will dent China's reputation for years. Trump's problems are huge, but they are mostly contained to an elite punching well above their actual weight. They are not strong, merely abusing their trust. And if they are removed, American society will be immeasurably better off.

Blogger Nikolai Collushnikov August 12, 2019 4:25 PM  

I still cant believe people haven't figured our how Trump operates. Think back to DACA. Trump offered a sweetheart DACA deal. Nearly 100% of Democrats voted against it. That the last time a DACA deal was offered.
Their will be no Red Flag laws passed. Democrats will be forced into virtue signaling and vote against it.

Blogger wahr01 August 12, 2019 4:37 PM  

It appears the "powers that be" have realized they've overstepped following the twin shootings.

Or perhaps they're tired of AOC's "squad" jeopardizing their ousting of Trump.

They're allowing stories like this to "escape" into the main stream.

https://www.usatoday.com/story/opinion/voices/2019/08/12/transgender-daughter-school-undermines-parents-column/1546527001/

Blogger Salt August 12, 2019 4:48 PM  

Nikolai Collushnikov wrote:I still cant believe people haven't figured our how Trump operates. Think back to DACA.

Gun control is the one single issue one should never play with or use for even trolling purposes. One might as well troll the southern baptists for some reason. That would not go over well.

Blogger Crush Limbraw August 12, 2019 5:03 PM  

Salt - you're right about not trolling on gun control. PA, WI and MI gun owners ain't into the Trump tactics and they tend to be one issue voters.
The only saving grace might be DaDems are too stupid to win those states, even if the gun owners stay home.
Does make me nervous however.

Blogger Newscaper312 August 12, 2019 5:07 PM  

@16 re Epstein Island FBI raid

-- My reaction "WTF?!? They didn't already raid it?"

Blogger James Jones August 12, 2019 5:07 PM  

But I love to see the idiots comment and get taken down. You've removed out entertainment.

Blogger Noah B. August 12, 2019 5:11 PM  

Gun control is the one single issue one should never play with or use for even trolling purposes.

It does make me nervous and reflexively I don't like it either. But if it's only talk and it emboldens the Dems into overplaying their hand by advocating for gun confiscation -- as several of them have done already -- then maybe it isn't such a bad ploy.

Blogger Newscaper312 August 12, 2019 5:11 PM  

Re rope a dope on guns,
I remember how Dubya caved on the campaign finance 'reform' pushed by Dems that increased rule son bloggers as "contributions in kind" to step on free speech.
Supposedly Dubya only signed it assuming SCOTUS would throw out, so he wouldn't have to be the bad guy vetoing it. They didn't. oops.

Blogger Nikolai Collushnikov August 12, 2019 5:15 PM  

23.
Oh my. That should take some of the shine off the coming Trumpslide.

Blogger wahr01 August 12, 2019 5:18 PM  

@23

"The only saving grace might be DaDems are too stupid to win those states, even if the gun owners stay home."

The 2018 election taught these people they don't need the moderates:

They have ballot harvesting.

Blogger Karhu August 12, 2019 5:21 PM  

@22 Salt, you've got the right of it:

"Gun control is the one single issue one should never play with or use for even trolling purposes. One might as well troll the southern baptists for some reason."

In a pro-gun blog I follow, someone was saying at least he hadn't started a new war. The blogger replied "he started a war on gun owners."

We elected Trump in part so that we wouldn't have to worry about gun control from the Oval Office. Now "everything is on the table", specifically Red Flag laws which turn the right into a privilege and are already killing people, background check changes which gun grabbers traditionally use to hinder the creation of new gun owners by preventing loans and which provide more flypaper to ensnare peaceable gun owners, and "assault weapon" laws.

I'm not longer convinced he's in any way "pro-White". Beside the constant invocations of "best black unemployment ever" and so on, and calling for increased legal immigration, what finally got him completely serious about gun control? A nominally white (actually half Jew) drives 10 hours to shoot up Mexicans.

Blogger Jeroth August 12, 2019 5:23 PM  

The raid is so obviously for show. It would be an absolute miracle if every last shred of evidence hasn't already been removed from that Island.

Blogger dc.sunsets August 12, 2019 5:26 PM  

@26 There's no evidence I can see suggesting that the timing of the paradigm shift can be altered. Rational observers could see the inevitability decades ago yet here we are. No rational person could have foreseen that high school administrators would fight to place mentally/emotionally unbalanced boys in the girls' shower, nor that continuous, compound credit inflation could continue the last 10 years, most of which were characterized by ZIRP. A whole chapter of this sad saga will go to Japan, where an industrious people sat still and were impoverished by decades of openly Ponzi Finance. No one can foretell where lies the top.

What will be, will be. The last 30 years have made fools of essentially every doomster, but borrowing Denninger's analogy, eventually the pond is 100% covered by lilies and all the fish die even if the school doesn't "recognize" it.

Enjoy every minute of this antebellum period. What follows it will likely be a major case of "be careful what you wish for."

Blogger map August 12, 2019 5:27 PM  

The key to understanding Trump is this:

1) He is not an austerity junkie.
2) He is a firm believer in supply-side economics.

One attack vector the left is using is the economy. The enemy, though, is not the trade war. It is the Federal Reserve. The Fed started raising the Federal Funds rate a month after his election, until today where is almost 10 times as high as it was under Obama. In fact, if it were not for Trump's complaints, the Fed would have already engineered another recession, like it did in 2000 and 2008.

You see everywhere the "farmers are going bankrupt" meme and the tariff nonsense. What they don't tell you is that soybean prices were falling ever since quantitative easing ended in late 2012. Soybean prices today are about what they were in 2015 and 2014, and tend to track the gold price anyway. The big run-up in soybean prices was caused by money printing, which also ran the gold price up.

The markets today are reacting to bond yield curve that is parabolic down out to 5-6 years and flat out to 20-30 years. This is caused by the Fed, not trade or tariffs.

Blogger map August 12, 2019 5:34 PM  

dc.sunsets,

"No rational person could have foreseen that high school administrators would fight to place mentally/emotionally unbalanced boys in the girls' shower, nor that continuous, compound credit inflation could continue the last 10 years, most of which were characterized by ZIRP."

This is what I am talking about. The 2008 crash was not caused by artificially low interest rates. It was caused by the Fed raising the Federal Funds rate to 5.25%, which raised the prime rate to 8.25%, which detonated the marker for adjustable-rate mortgages. The low Fed rate was a tacit acknowledgement that the Fed caused the problem to begin with so they left the Fed Funds rate low over the Obama years.

Blogger dc.sunsets August 12, 2019 5:35 PM  

RE: Red Flag laws:

Who is so astonishingly stupid as to mimic the ghetto rats posing with their hot hardware on FB/TWIT/INST/Idiocy? Who is so stupid as to tell their coworkers, their neighbors, the world! etc. what they own? You've got a sketchy daughter-in-law? Better tell your son you joined a Peace Group.

It's all a symptom of mass, pathological trust. As we sail these uncharted waters, you shouldn't even tell yourself about everything you know. After all, each of us is always and everywhere our Own Worst Enemy.

For all the talk-talk about OpSec, people let their inner child, the impulsive brat, blab like a four-year-old girl describing her Barbie Doll collection.

Blogger JonM August 12, 2019 5:35 PM  

@26: You're not thinking about this clearly. Delaying the collapse helps those with low time preference and hurts those with high time preference. The former are the builders of civilization. The latter are the locusts feeding off the feed stocks. The slower the collapse, the softer the landing, but only for those laying in stocks pre-bust.

Blogger map August 12, 2019 5:38 PM  

It is a gamble to mess with gun control. But, by staking out the "middle" on background checks, we get Joe Biden soundbites of coming out and grabbing everyone's guns.

Again, not a good gamble, but Trump does maintain himself in a fluid position to outmaneuver later.

Remember, it's not just about moving the Overton window. It's about moving the Overton window over the marginal voter.

Blogger dc.sunsets August 12, 2019 5:45 PM  

@34 Map, if you think that's what happened, I've a bridge to sell you. The world is astonishingly more complex than that.

Find a graph of the 3-month T-bill yield and match it to the Fed Funds rate. The former leads, the latter follows. The market set rates where rates were (and are.) No central bank can control the price of hundreds of TRILLIONS of dollars in debt worldwide. The press lies to you about shootings, politics, economics, etc. Yet you believe them when their "experts" tell you how the Fed controls interest rates?

Rates topped (bond prices bottomed) in 1981.
Bond prices rose for 38 straight years (a common length for a debt cycle.)
A veritable galaxy of debt was issued as rates fell.
Rates fell because trust, social trust, took a trip to orbit.
(I suggest that floating the dollar free of silver in 1963 helped, but that's pure supposition.)

ZIRP, trannies in the girls locker room, open borders...it all emanates from the same place...Too Much Trust. The herd is trusting, and a veritable religion grew up to replace Christianity with the Gospel of John (Lennon: The lyrics of "Imagine.")

When this long spell ends, no one will dine out (they'll fear the cook has Ebola and/or is spitting in everyone's food), no one will lend money, no one will trust ANYTHING. The value of assets, pumped higher by volatile credit and held there by the "value" of debt," will collapse in a way to make the denouement of the South Sea Bubble look like a cake walk.

But no one knows when, and that is really all that matters on a macro level.

Blogger Jason August 12, 2019 5:47 PM  

Give McCarthyism a chance!!!

We should have rounded up and executed all the communists DECADES ago, when we had the chance, before they subverted the whole country. It is going to get messy now.

Spouting communism is worse than shouting fire in a crowded theater. There should be no protection for anyone spewing this murderous garbage, just as homosexuals should not be allowed to promote homosexuality. Homosexual promotion was not protected speech as understood by the founders, by the authors of the Constitution, or by the citizens of America for over 150 years.

McCarthy points out a very real threat in 1950, very real traitors in the government, and is treated like a lunatic. What happened to America from that time period on? All downhill in terms of culture, morality, and corruption. A self-proclaimed socialist almost won the Democratic nomination in 2016!!! All of the current democrats running for president praise socialism. None of this is an accident.

Blogger Karhu August 12, 2019 5:49 PM  

@35 dc.sunsets, you're right about OPSEC, but some of us are openly RKBA activists, and the RKBA will die if everyone supporting it goes silent. It also doesn't matter if you own guns, reports from Florida are that 40% of the people who are denounced Soviet style don't even own guns. Openly support Trump? That's enough for some of your neighbors, or a family member to arrange a legal SWATing of you, as lethally happened in Maryland, just "family being family".

Blogger Noah B. August 12, 2019 5:54 PM  

Abuse isn't merely possible with Red Flag Laws, it's the whole point. The same people pushing these laws don't trust police and call them murderers, and now they want to unleash those murderers against us.

Blogger Damelon Brinn August 12, 2019 5:56 PM  

@8 Richard Holmes,

What I have been seeing is a lot of people online *claiming* they're going to dump Trump over considering red flag laws. I think some are genuinely trying to stir up opposition to let him know how bad an idea that would be, as we've often had to do when Republicans went squishy on the issue. Others are just trying to peel away support.

But in 2020 he will face a Democrat who is on the record as anti-gun in every possible way, probably including confiscation of anything more powerful than a BB gun. Gun owners have always faced the choice between a Republican who is probably squishier on guns than he admits during the campaign, or a Democrat who actively wants to take guns away. The Left has spent the last three years talking not only about taking guns away, but what they're going to do to us after that. The difference will be more stark than ever.

I know that pisses off people who want to be able to force him to be as pro-gun as we are, but it's the political reality.

Blogger English Tom August 12, 2019 5:57 PM  

@Stg58/Animal Mother

Re: raid on Epsteins island.

It's called closing the stable door after the horse has bolted!
Don't forget, there was a fire there recently. All the evidence is long gone, just smoke and mirrors for the normies.

Blogger dc.sunsets August 12, 2019 5:59 PM  

Imagine...a world where people who live together under the same rules actually all consent to those rules, and anyone who then breaks them is exiled without recourse. Imagine a world where disparate people who prefer markedly different mores live separately from one another, where the "Freedom to Associate" begins with the freedom to NOT associate.

No agglomeration of 300,000,000 (or even 3,000,000) people will be peaceful. Too many people want to live differently from one another. The USA stopped being governable a very long time ago. Had it formed a looser association (a la Switzerland) maybe it could have worked longer. But we now have a winner-takes-all setup, and no, Rodney King, we can't all just get along.

Trump's administration is but a stone on the Path. Each year that passes in this antebellum period is a gift. I live in a relatively safe area. The schools are okay. The family thrives. When this illusion is dispelled we'll see a large return of humanity's normal condition: hardship. It may be good for the species but what's good for the species is by definition bad for unlucky individuals. Even the toughest Marine can be in the path of the bullet.

Blogger Oswald August 12, 2019 6:11 PM  

One convergence that failed for now was the convergence of the forces of the gay revolution and female empowerment. Oh how Trump set back the female empowerment camp. They had it all ready to go for the anniversary of the suffrage movement. Hillary would be in power. She would have appointed two more women to the Supreme Court. Thus, women would now control the Supreme Court 5-4. You think of all the movies where women are the leads and the superheroes. This was planned prior to the Hillary loss. Consider, how women have taken over the news desks from men (Democratic Men mainly!). This was timed with the election. They would have got their Equal pay for Equal work, which actually equates to Equal pay for women whether they earned it or not, but because they are a women. Thus, women would have become first class citizens and men second class citizens. I could just go down the list of areas where they have been springing their trap to take over from metoo to demanding their right to be drafted. But Trump really set them back. I don't think Trump has did much to set back the gay revolution, but they haven't been able to advance as fast as they were going under Obama. Look I am in favor of equal treatment, but some of their demands are getting way out there and are starting to impede upon others freedoms, more important freedoms.

Blogger Doktor Jeep August 12, 2019 6:13 PM  

Supposedly that film "The Hunt" was Chinese funded.

Blogger Damelon Brinn August 12, 2019 6:15 PM  

Multi agency raid on Epstein Island!!!

Tough crowd today; even this is something to crap on. For what it's worth, someone has been shooing tourists away from the place, so that must have been an employee or the feds already on site. Also, he appears to own both islands, not everything burns, and I doubt he was willing to destroy everything when he wasn't in trouble yet. He didn't in his apartment, after all.

Blogger Lovekraft August 12, 2019 6:22 PM  

And it was Obama who I argue ended any sense that Americans can embark on massive social programs re infrastructure, massive job creation.

Obama was given numerous chances and blew it. Horrible economic record of hidden deals and buyouts.

Trump was likely presented with the above type of proposals and realized that it isn't worth it - that the democrat/communist left would either unravel, block or take credit for his efforts.

I think this is where the world may be heading - slow rot. With the Middle East waiting in the wings to step in once misery has taken hold

Blogger Gettimothy August 12, 2019 6:30 PM  

@29 Fraud is in the neocon agenda:

https://twitter.com/BillKristol/status/1159416706198134786

Blogger Gettimothy August 12, 2019 6:35 PM  

@35 "Pathological Trust"? please explain.

High Trust societies..i.e. the nations of Christendom..thrive on it.

Thank you in advance.



Blogger FP August 12, 2019 6:38 PM  

@20

And yet he signed an executive order banning bump stocks with no compensation for them. What did that get him politically by the way? Nothing, for a shooting that the FBI just wants to go away.

He has a history on guns now and he was stupid to listen to the fudds in the NRA on bumpstocks. Now he's stupid to not listen to all the gun owners in his base and the NRA who is all of a sudden against red flag laws after being for them because they're in legal trouble and losing members. They're up to 6 emails a week begging me for money now.

@35

Everyone should just go silent on social media? Opsec over your kids first hunt or your daughter shooting 3gun competition? Dc, you do understand that alternative media is what has driven the resurgence in Pro gun/2A culture in the last 15 years right? It sure isn't Wayne and Elmer over at the NRA.

Blogger Gettimothy August 12, 2019 6:38 PM  

@35 ignore my previous comment. Your context was made clear in comment @38.

Blogger Stg58/Animal Mother August 12, 2019 6:38 PM  

No trust society equals no western civilization

Blogger Mark Stoval August 12, 2019 6:41 PM  

@39

"McCarthy points out a very real threat in 1950, very real traitors in the government, and is treated like a lunatic. What happened to America from that time period on? All downhill in terms of culture, morality, and corruption. A self-proclaimed socialist almost won the Democratic nomination in 2016!!! All of the current democrats running for president praise socialism. None of this is an accident." --- Jason

Yes indeed, the total destruction of the USA started sometime shortly after WW2 was over. So few here seem to see that. Glad to see your comment.

Blogger Unknown August 12, 2019 6:47 PM  

The U.S. is awash in cheap Chinese money. It has bought off our institutions lock, stock and barrel. Brussels, Beijing, Moscow, Riyadh and Tel Aviv have come to own our country by giving the Chinese multiple financial channels to direct China's currency and petro purchases against our citizens' interests. Too many in the U.S. have sold us out, recovery without a mega crash is "unpossible." And so here we are, waiting.

Blogger dc.sunsets August 12, 2019 8:13 PM  

@53 Trust waxes and wanes. Right now people send nude selfies across the Internet, trusting that the ISP (or cell carrier) isn't capturing 100% of it all and storing it on Amazon's cloud. (Sorry, laughed myself off the chair for a minute.) People put up a Bat Signal telling the world all the minuscule details of their lives. They share (overshare) to the point of neurosis. They think they're going to get all those future cash flows that are promised them, even though no one knows how to get a permanent 8% compound return (on which all those promises are based.)

I like to think of trust as a big Venn Diagram. Right now people trust in very large doses. They entrusted the protection of Western Civ to the Ashkenazim who now basically run all of Higher Ed. Yeah, that was smart. Trust the low-trust, clannish, nepotism-saturated peoples of the world to maintain the Western Canon.

Like I said. Trust is far, far, far too wide now. I have long expected it to burn back in a brush fire, but now it looks like the fire will be a firestorm when it arrives. "Nice Things" emanate from high trust societies, but we can't have those nice things when we're overrun (and trusting) foxes in the hen house.

Blogger dc.sunsets August 12, 2019 8:15 PM  

@55 Americans pawned the entire country. We shipped others T-bills, they shipped us pre-landfilled junk. What a trade.

Now, they have t-bills, we have landfills. Where do they spend their t-bills? Not in Beijing. America owes the world (they own our debts), and the world intends to collect. Kinda like a kid who goes to college, borrows massively getting the Full College Experience, for a degree in Coms.

Blogger JovianStorm August 12, 2019 8:19 PM  

Everyone knows better than Trump... But no one actually has DONE anything to help except Trump (and the SDL).

We have so many smart people here but reading the comments is just blackpilling and hot takes. I do it, too. Why not just wait and see what GEOTUS does?

Blogger Nostromo August 12, 2019 8:36 PM  

I don't agree with some of the GE's stances. I wish he were even more of a nationalist than he is. That said, he is the best President we've had in my lifetime, and definitely in the top 5 ever.

Blogger Joe August 12, 2019 9:09 PM  

"This has made most of the American media and many American politicians reluctant to criticize China"

Oh, this is why, is it? The American media will never criticize China, not even in the wake of them colonizing Africa. Communist China has always held a soft spot in the elites' dead, black hearts. David Rockefeller in particular lauded them after the slaughter of 40 million Chinese.

Blogger VFM #7634 August 12, 2019 10:12 PM  

High Trust societies..i.e. the nations of Christendom..thrive on it.

Thank you in advance.


The trick is to apply your civilized high trust only to other high-trust people and withhold it from low-trust people.

Blogger Theproductofafineeduction August 12, 2019 10:58 PM  

No they aren’t. Trump has floated this sort thing before, there is an outcry from the base, he backs off.

Blogger Theproductofafineeduction August 12, 2019 11:02 PM  

Gun guys are good to vote for him because he literally have no alternative. Even before Tump gun culture members realized the futility of voting third party which is why they focus so hard on primaries.

Blogger Theproductofafineeduction August 12, 2019 11:04 PM  

That’s assuming they don’t have the evidence all ready

Blogger Theproductofafineeduction August 12, 2019 11:08 PM  

Agree 100% we also have to remember we are inflicted by a combination of Soros founded ROLCONs and the genuine rigt winer who is too enamores woh despair porn.

At his point I assume anyone on the “rigtht” who doesn’t get the game Don plays are one of the two.

Blogger Theproductofafineeduction August 12, 2019 11:11 PM  

Gun owners aren’t going to stay home. They learned that lesson in ‘94.

Blogger Ominous Cowherd August 12, 2019 11:23 PM  

dc.sunsets wrote:America owes the world (they own our debts), and the world intends to collect.

Sucks to be the world.

Damelon Brinn wrote:Gun owners have always faced the choice between a Republican who is probably squishier on guns than he admits during the campaign, or a Democrat who actively wants to take guns away.

To the gun owner crowd, Trump's just another lying gun grabber. The bump stock ban ended any possibility of trust. Now he's pushing piecemeal confiscation, because that's red flag in a nutshell. Hillary, Kamela, Trump - who really cares? Maybe Krazy Kameltoe will be less successful at pushing through gun control, like 0bammy was. After all, 0bammy didn't actually manage to push through gun control, and Trump has.

All that might sound idiotic, but MPAI.

Blogger Theproductofafineeduction August 12, 2019 11:26 PM  

100% agree

Blogger SciVo August 12, 2019 11:30 PM  

Speaking of schools being converged, this is hilarious: California Introduces Radical Anti-Semitic High School Curriculum. They're double-converged, so they can no longer perform their first-order convergence function of promoting Jewish interests.

Blogger map August 13, 2019 12:14 AM  

dc. sunsets,

Sorry, you're not correct about interest rates. The Fed controls only one interest rate directly: that is the fed funds rate, the overnight money. It indirectly controls the prime rate because, starting in the early 90's, the prime rate and the fed funds rate is fixed at a 300 bps difference.

The yield curve is inverted from the 1-month down to the 10-year, with the curve flattening out at 20-30 year bonds.

If there was a free market in the credit system, then this kind of yield curve cannot exist. There is no way for long-duration bonds to have a lower rate than short duration bonds. This is the work of the central banks, and this state-of-affairs is completely ignored, with financial propaganda telling us how the Fed is a helpless bystander in the markets.

This is a crock of sh*t.

The fed makes decisions based on the Philips Curve, to protect the general public from the scourge of irrational exuberance. The Fed has been crashing markets since 1987, when it torpedoes the Paris and Louvre accords.

Blogger Damelon Brinn August 13, 2019 12:43 AM  

@65 Theproductofafineeducation, Yes, it was nice of the Stalwarts to give us the ROLCON term by which to identify them.

Blogger Mr.MantraMan August 13, 2019 7:06 AM  

And not one of them loudmouth gun guys have lifted a finger to divide the Democratic party.

Blogger Karhu August 13, 2019 7:51 AM  

@63 Theproductofafineeduction:

"Gun guys are good to vote for him because he literally have no alternative. Even before Tump gun culture members realized the futility of voting third party which is why they focus so hard on primaries."

@66 Theproductofafineeduction

"Gun owners aren’t going to stay home. They learned that lesson in ‘94."

That sure worked for John McCain, didn't it? He would have won if he'd gotten Bush'd turnout in 2004. And what Trump's pushing hard for in addition to another "assault weapons" ban is far worse than what we got in 1993-4, Red Flag laws in particular.

When given the choice between a Republican and a Democrat gun grabber, we'll often not vote or vote third party because we won't support a gun grabber, or expect the Republicans in the Congress to fight harder against him. And that worked with Obama.

For a lot of us, voting for the least evil alternative died with Obama's reelection, a country that would reelect him is irredeemable, to borrow from Hillary. We thought Trump was smart enough to stick to his pro-gun campaign promises, we now know we were wrong.

Blogger Karhu August 13, 2019 8:24 AM  

@70 map:

"The yield curve is inverted from the 1-month down to the 10-year, with the curve flattening out at 20-30 year bonds.

If there was a free market in the credit system, then this kind of yield curve cannot exist. There is no way for long-duration bonds to have a lower rate than short duration bonds."

You're ignoring the traditional explanation for the inverted yield curve when it signals a recession, that demand for short term debt skyrockets because businesses need the money to cover inventory they can't sell as fast as they thought they would. Once they clear that or go bankrupt anyway, demand for short term debt returns to something like normal and the yield curves return to something like normal.

Blogger Ominous Cowherd August 13, 2019 9:04 AM  

Karhu wrote:When given the choice between a Republican and a Democrat gun grabber, we'll often not vote or vote third party because we won't support a gun grabber, or expect the Republicans in the Congress to fight harder against him. And that worked with Obama.

Trump has found a path to losing in 2020, and has started to travel down it. Trump may be hoping he can step off the path to losing and watch the Left rush past him, but if he's already gone too far, it won't matter if the Left goes farther. We won't know how far is too far until far too late.

Neither will he. Trump has no clue about the gun culture, no clue about Americans, and no one around him who does have a clue. If he had a clue, he wouldn't be pushing outright gun grabbing, not even the piecemeal version. Does he think he can walk it back later? ``Just funnin' didn't really mean it?'' That's clueless.

Blogger dc.sunsets August 13, 2019 9:07 AM  

@70 @74 An inverted yield curve is simply a signal that longer-dated paper is rising in price. Rally dynamics 101. I get a belly laugh watching people on CNBC "inform" me "why" prices go up or down for one asset or another, on any day of the week. This week widgets rose in price because "blah-blah." Next week their price goes down, "ignoring" blah-blah. The following week their price goes up because "inverse-blah-blah."

Put grass skirts on them, put bones through their nasal septa and we get the same explanations our distant ancestors received from the shaman about why the hunt was successful or failed, or why it rains.

Re: debt. What's the purpose of buying a bond FUND? Answer: You expect its NAV to rise (AKA it's a naked short position on interest rates.) Literally NO ONE expects to buy a 30-year T-bond and hold to maturity. No one.

Too. Much. Trust. Wimpy has promised Popeye two hamburgers next week if Popeye will spot Wimpy a burger today, and we've rinsed and repeated that, on a compound basis, until there isn't enough beef in the galaxy to make good on the promise. But until the herd loses its euphoria, it simply doesn't matter.

Blogger Ransom Smith August 13, 2019 9:51 AM  

Trump has no clue about the gun culture, no clue about Americans, and no one around him who does have a clue. If he had a clue, he wouldn't be pushing outright gun grabbing, not even the piecemeal version.
This isn't New Zealand or England, where the area is so small it's theoretically possible to actually gather the guns.
There's too many guns in America to possibly grab.
You know that, I know that, everyone knows it.
It's such a ludicrous idea that one retards and spergs take it seriously.
And quit the crying about bump stocks. Is the ban stupid? Yes.
But it makes no difference to anyone, especially since no one is turning them in anyways.

Blogger Karhu August 13, 2019 10:08 AM  

@77 Ransom Smith:

I guarantee you that the 500,000 Americans who Trump turned into instant felons if they didn't turn in their bump stocks without compensation care about his executive ban of them, and then add pro-gun friends and family. If enough of them are in the right states, that alone will deny him reelection. For the rest of us, it was a crystal clear sign everything he said about supporting the RKBA was a lie, which is being further proven this month.

You completely miss the insidious nature of Red Flag laws, which turn a right into a privilege, and how they're being abused right now in the 17 states with them. Ask Gary J. Willis is he's a "retard" or "sperg."

Oh, wait, you can't, he was killed by the police in a 5 am raid, prompted by his niece denouncing him to the state for no real reason, literally described as "family being family." Like the victims of the BATFE starting in the 1970s when they went medieval on gun and gun shop owners using the Gun Control Act of 1968, the victims of Red Flag laws are going to add up. Just one case that becomes sufficiently infamous will be enough to deny Trump reelection in 2020, he's putting his political future in the hands of 17 mostly gun owner hating Blue states.

Blogger Ominous Cowherd August 13, 2019 10:26 AM  

Ransom Smith wrote:There's too many guns in America to possibly grab.

Piecemeal confiscation will work: they'll just kill one red flagged gun owner at a time, a few per state per day. They don't have to get all the guns, or even most of them, they just have to kill enough gun owners to cow the rest. One at a time, and you don't dare act because you aren't in danger - then one morning you're dead.

Karhu wrote:Just one case that becomes sufficiently infamous will be enough to deny Trump reelection in 2020, ...

Each of those ``too many to grab 'em all'' guns are owned by a voter who won't bother in 2020. Even if Trump doesn't pass a Federal red flag law, Trump could wind up owning the actions of the state gun grabbers who have. That's unlikely, but he could get there if he talks up red flag long and hard enough.

The Trump phenomenon is a power struggle within the Deep State. Trump is aiming to straighten it out, not to end it or reduce its power.

Blogger Ransom Smith August 13, 2019 10:26 AM  

You'll forgive my lack of sympathy for Yankees and their moronic laws. We don't really get that kind of issue in the South because the deputies would have to red flag their own friends and family.
I have really little patience for people who are shocked that states with terrible legislatures and Governors would vote for terrible ideas.
It won't ever happen on a national level because of the South. Even a guy like Manchin knows not to vote for anything so stupid because WV would kick him to the curb very quickly for that.

Blogger Ransom Smith August 13, 2019 10:29 AM  

Piecemeal confiscation will work: they'll just kill one red flagged gun owner at a time, a few per state per day. They don't have to get all the guns, or even most of them, they just have to kill enough gun owners to cow the rest.
You're a special kind of stupid if you honestly believe that.

Blogger Ominous Cowherd August 13, 2019 10:45 AM  

@81, if they believe it'll work, they'll try it - and they are trying it. Nobody has ever fought back in a way that scares the Lefty politicians, so why should they doubt it's going to work?

What are you going to do? Vote at 'em?

Blogger Ominous Cowherd August 13, 2019 10:47 AM  

@80, being cool rural southern dudes won't shield you from a federal law.

Blogger Ransom Smith August 13, 2019 11:01 AM  

They already tried red flag laws in NC, VA, TN and KY.
All of them went nowhere.
A national law isn't going to happen because CA and NY alone don't have the votes. And there's a lot of dem senators/reps that will break party lines if they think it'll interfere with their reelection bids.
Not to mention the risk that the sheriff's and deputies flat out refuse to uphold a law. Or the long court cases twenty or more states will bring.
Stop black pilling every time Trump says something to rile people up.
Even if he actually believes the idea, you still need the votes to make it happen.

Blogger Ominous Cowherd August 13, 2019 11:09 AM  

Ransom, the point you keep missing is that it doesn't matter what you believe, it matters what gun owners believe. If they believe Trump is just another lying anti-gun pol, they won't vote for him. It doesn't matter what you believe, it matters what Leftists believe. If they believe red flag laws will get them what they want, they'll try them. The Left wants you dead, and red flag laws are a step in that direction.

You don't think any of this makes sense? Others don't act on your beliefs, they act on theirs.

Blogger dc.sunsets August 13, 2019 11:10 AM  

Incremental gun prohibitions are simply part of the centripetal acceleration that WILL tear apart the geography of the USA. In point of fact, there's already enough such centripetal force in the form of existing law, never mind the nibbling-at-the-edges of Red Flag laws.

Ditto for Civil Asset Forfeiture. It, like Red Flag Laws, violated a 5th-grader's grasp of the English language as written in the Bill of Rights. No Due Process (period.) Yet the SCOTUS clowns blessed it for quite some time, same as they and their predecessors blessed GCA 1934 and GCA 1968, not to mention the AWB 1994. A CHILD could see through the sophistry of the judicial approvals. But the dominance of sophistry is just one other parallel between the USA today and the Roman Empire 2000 years ago.

The country is metaphorically spinning like a Ferris Wheel on afterburners. Bit by bit, the glue that keeps it in one piece erodes. Eventually it will fly apart, and "everyone" will point to the last insult, the last over-reach, the last insanity as "The Reason." But it will actually be a combination of little things (including demographics and a lack of hardship to force seriousness on people) plus sclerosis. No tree grows to the sky.

Blogger dc.sunsets August 13, 2019 11:21 AM  

"We can't have nice things."

One defining characteristic of homes in places where official and unofficial criminality is common is that while no abode can withstand an extended siege, their doors and surrounding walls are built to radically slow a dynamic entry.

Americans are soft. We think a key lock with maybe a deadbolt set in a wooden frame is all the protection we need.

We'll know people are facing The Change when we start replacing our wood-framed doors with steel-framed, commercial doors that can withstand all but a vehicle-mounted ram, that our homes are laid out to make dynamic entry almost impossible, so that --having removed the possibility of shock-and-awe--- our rulers' minions choose to pick up the phone and ask politely to visit...for their own safety.

No one knows the future, but I still suspect there's not enough time to get much "bite" from things like Red Flag laws. Some places will remain Hard Left and go the Mexican route, where only the cops, the military and the most murderous thugs are armed and the citizenry is nothing but helpless rabbits caught in the crossfire, but other places will take the opposite approach...and those individuals "out of step" with their surroundings will have no choice but to pick up stakes and move.

No more Chinese Menu approach to the conditions surrounding where you'll live and work. That shared approach is long, long gone.

Blogger Ransom Smith August 13, 2019 11:23 AM  

A national law isn't happening. Look at the current state of the US Senate if you don't believe me.
Trump can bluff and bluster, but he can't actually make a law.
If you really want to gripe about something, gripe about your state legislature. Because mine kicked out a red flag law.

Blogger Azure Amaranthine August 13, 2019 12:56 PM  

"You're a special kind of stupid if you honestly believe that."

You're a special kind of stupid if you can't see that it's one step of many, and that most battles are battles of slow strangulation.

Does this mean Trump's going to take off running with it? Who knows?

Blogger Ransom Smith August 13, 2019 1:48 PM  

You're a special kind of stupid if you can't see that it's one step of many, and that most battles are battles of slow strangulation.
Red flag laws aren't slow, they're not an early step.
And notice where they've been implemented. Places like CA, NY and FL. Or the hellscape known as Maryland.
Where the slow steps already took place.

Blogger Ominous Cowherd August 13, 2019 3:34 PM  

@88: again, it doesn't matter what we believe.

Blogger map August 13, 2019 4:35 PM  

@78. Karhu

Karhu wrote:@70 map:

You're ignoring the traditional explanation for the inverted yield curve when it signals a recession, that demand for short term debt skyrockets because businesses need the money to cover inventory they can't sell as fast as they thought they would. Once they clear that or go bankrupt anyway, demand for short term debt returns to something like normal and the yield curves return to something like normal.


This is not correct.

First, businesses use accrual accounting to monitor their transactions, where an economic event is recorded whether or not they get paid right away. Businesses do not wait for their transactions to settle in cash before they record them.

Second, businesses run revolving credit lines to deal with any short-run cash deficiencies due to unsold inventory. There is no mad scramble for debt to deal with some event. The credit lines are always there.

Third, the inverted yield curve refers to the inversion in the treasuries, not to any inversion in the corporate bond market. Corporate bonds have higher yields and the demand and supply is determined by the market. If the Fed, however, raises the Federal funds rate, then this will lower the spread between the yields of high risk and low risk securities. The higher risk securities either have to increase their coupons to attract more investors or simply risk not having access to credit at all.

Fourth, remember, revolving lines of credit are determined by the primes rate. The bank prime rate is now around 5%, meaning that revolving credit lines are now stupendously high. Companies do business by contract, so there will be a delay in the reckoning, but if the Fed does not drop the ffr soon, then this will cause a recession.

Again, with Treasuries, and, indirectly, the corporate bond market, the Fed is the primary entity inverting the yield curve.

Blogger map August 13, 2019 4:47 PM  

76. dc.sunsets

"An inverted yield curve is simply a signal that longer-dated paper is rising in price. Rally dynamics 101. I get a belly laugh watching people on CNBC "inform" me "why" prices go up or down for one asset or another, on any day of the week. This week widgets rose in price because "blah-blah." Next week their price goes down, "ignoring" blah-blah. The following week their price goes up because "inverse-blah-blah.""

It's a purely mathematical relationship for determining the value of a bond when interest rates fall. Long-dated paper increasing in value as interest rates fall is because the coupons on that paper are higher than the prevailing interest rates. A simple re-calculation caused this to go up. Remember, the inverse relationship is mathematical, not correlative. Furthermore, these calculations happen in the secondary market. They have no bearing on what the bond pays at maturity.

The Fed has inverted the yield curve. Everybody who wants to lend money, wants to lend at the higher rates with the shorter duration...but nobody wants to borrow at those rates. Conversely, lots of people want to borrow at lower rates, but not a lot want to lend. The credit market is failing to clear because of the supply/demand imbalances created by the Feds monetary policy.

The Fed needs to cut the FFR to below 1.6% to correct this or it will create another recession.

Blogger map August 13, 2019 4:48 PM  

dc.sunsets,

My responses are slow because apparently I am in moderation.

Which is fine.

Blogger map August 13, 2019 4:52 PM  

Karhu and dc.sunsets,

This is the level of damage the Fed causes:

https://www.barchart.com/stocks/quotes/$IUXX/technical-chart?plot=LINE&volume=total&data=MO&density=X&pricesOn=1&asPctChange=1&logscale=0&sym=$IUXX&grid=1&height=500&studyheight=100&overlay1=ffy00&axis1&overlay2=fedfunds.rt&axis2&overlay3=$INDU&axis3=false&isComparison=1

Blogger Snidely Whiplash August 13, 2019 8:30 PM  

map wrote:My responses are slow because apparently I am in moderation.
No. Comments on all posts more than 24 hours old go to the moderation queue. That's where the spammers and the banned morons like to go to vomit all over the discussion. The queue gets worked approximately "whenever someone feels like doing it." Sometimes it's quick, midmornings and evenings. Other times it's not, mostly late night and afternoons.

There's no individual attention. You're either banned or not banned yet. Unless, of course you've pissed off one of the mods. Or, conversely if you say something egregiously stupid or degrading and one of the mods likes you and saves you from embarrassment.

Blogger Azure Amaranthine August 13, 2019 10:12 PM  

"Red flag laws aren't slow, they're not an early step.
And notice where they've been implemented. Places like CA, NY and FL. Or the hellscape known as Maryland.
Where the slow steps already took place."


You don't understand varying relationships of scale at all.

What happens after a red flag law is passed? We can look and see in localized hindsight at this point. Does everyone lose their weapons in one fell swoop? No, they do not. It's one by one, house by house, and the people who duck and cover appropriately can potentially keep theirs for quite a while.

So, on a non-individual level, which is the non-retarded way to look at the situation, yes, it's gradual.

I never said that red flag laws were an early step or late step, just that they are a step.

Your argument that they "couldn't happen" countrywide is all well and good, for what it is, which is a prediction. You can say it all you want, doesn't make it true. Get a lunatic in the Whitehouse, change a few peripherals, and shift the goalposts a little lower on a requirement or three and with enough ballot stuffing and general malfeasance, they'll shove it right through, just as a somewhat smaller step than it currently would be. A nonexistent step for some states, a giant leap for many others.

You'd be better off arguing from the enforcement angle rather than the legislative one at this point. There are too many example of modern legislative lunacy.

Blogger map August 14, 2019 3:22 AM  

96. Snidely Whiplash,

My apologies. I get how you guys work. You don't want old threads populated by garbage.

I get it.

I've been trying to get commentary for a long time. It turns out that the Brave browser does not do that handshake with the Google account so I had to go back to Firefox to get commenting working.

Blogger Snidely Whiplash August 14, 2019 4:11 AM  

To get brave working, you have to set "Shields down" for the site. It's not that it's broken, it's Brave protecting you from shady companies like Da Google.

Blogger Ominous Cowherd August 14, 2019 10:30 AM  

Azure Amaranthine wrote:Get a lunatic in the Whitehouse, change a few peripherals, and shift the goalposts a little lower on a requirement or three and with enough ballot stuffing and general malfeasance, they'll shove it right through, just as a somewhat smaller step than it currently would be. A nonexistent step for some states, a giant leap for many others.

Wouldn't even have to be a lunatic. A decent president who saw some strategic advantage to pushing a federal red flag law could easily get the Left and their cucks to pass it for him today. Then it's ready for the next Lefty lunatic to occupy the offal office. That's the role GOPe presidents have always played: they push through legislation that the Left will use against us in the future.

Blogger Dirk Manly August 14, 2019 1:53 PM  

If they pass a red flag law, that doesn't mean that non-gunowners are imumune. Since we don't have registrations for all firearms, call up the cops on your favorite leftist idiot, and let them toss the idiot's house trying to find the non-existent weapons.

Most cops hate hippies more than you or me.

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