This article was originally published by Michael Snyder at The Economic Collapse Blog.  It is definitely starting to look a lot like 2008 and 2009 again. Those years were such a painful time for our country, and in many ways, we still haven’t fully recovered from the damage that was inflicted upon us during that era. Unfortunately, so many of the exact same things that we experienced back then are starting to happen in our time. For example, the Great Recession brought us the greatest foreclosure crisis in the history of our nation, and now foreclosures are really starting to spike here in 2024. In fact, the number of new foreclosure filings in the U.S. just jumped 10 percent in a single month… Home foreclosures are on the up across the US as Americans continue to battle against soaring interest rates and rising costs. Last month, 37,679 properties had a foreclosure filing, according to fresh figures from real estate data provider ATTOM – up 10 percent from the month prior. According to the pundits, that wasn’t supposed to happen. But it did. Interestingly, Joe Biden’s home state of Delaware actually experienced the fastest increase in foreclosure filings last month. Nevada was second, and that was due to the large number of foreclosure filings in Las Vegas… Nevada’s position in the ranking is largely due to foreclosure filings in Las Vegas, where many people lost their jobs when tourism crashed during pandemic lockdowns. According to ATTOM, Las Vegas had a foreclosure filing on one in every 1,923 housing units in January. This is a really troubling sign. When the economy is booming, Las Vegas is booming even more. But when hard times arrive, times are even harder in Las Vegas. So let’s watch and see if this trend continues. Meanwhile, it is also being reported that the number of completed foreclosures in the U.S. was up 13 percent compared to the previous month. In Michigan, the number of completed foreclosures actually shot up by “a huge 200 percent”… Michigan saw the fastest rise in completed foreclosures – up a huge 200 percent. This was largely down to high rates of foreclosure filings in Detroit. I remember writing articles about how some homes in Detroit were literally selling for one dollar when things were at their worst. Has another housing crash begun? We are certainly ripe for one. Thanks to painfully high-interest rates, buying a home has become out of reach for most of the population. Unless interest rates go down dramatically, home prices have got to fall, and that is going to cause all sorts of problems. Of course, a horrifying commercial real estate crisis is already here. Prices have crashed all over the nation, and now many office buildings that were once worth millions of dollars are simply being torn down. In fact, in Los Angeles, there is a plan to tear down a very large office building in order to build just 30 EV charging stations… This is absolutely crazy… An owner of an office building in LA is seeking approval to tear down the building and construct 30 EV charging stations I don’t know what’s crazier…this headline or seeing office properties drop 80-90% in just a few years The commercial real estate recession (primarily office) has gone from scary to a meltdown in many cities across the US and it seems as though the damage is permanent If we really are heading into a major economic slowdown, we would also expect retailers to be shutting down stores all over America, and that is precisely what we are witnessing right now. Incredibly, even Walmart reduced the number of stores that it operates by 102 last year… Walmart last year closed 23 stores across the US, eight of which were in Illinois, it emerged this week Overall, its total number of stores fell by 102, from 4,717 in January 2023 to 4,615 a year later. That’s because in addition to the 23 closures, Walmart sold a combined 79 Moosejaw and Bonobos locations after selling the two retailers. If even Walmart sees a need to batten down the hatches, that is a really bad sign. On top of everything else, large employers continue to conduct mass layoffs from coast to coast. Last week, many were saddened to hear that Vice Media Group is laying off hundreds of workers as it continues to spiral toward oblivion… Vice Media Group plans to lay off hundreds of employees and stop publishing on its flagship news website, the company’s chief executive said in a memo to employees Thursday — a stunning setback for a digital media pioneer that ascended to cultural prominence more than a decade ago. “It is no longer cost-effective for us to distribute our digital content the way we have done previously,” Vice CEO Bruce Dixon said in the memo, which was seen by NBC News. Vice Media did not immediately respond to emails requesting comment on Thursday’s news. Everyone knew that Vice was in dire straits, and so those layoffs are not exactly a shock. But why has Google suddenly decided to give the axe to thousands of workers?… Google has initiated significant layoffs across its various teams, including the Voice Assistant, hardware, engineering and ad sales teams, marking a continuation of the tech industry’s trend towards reducing workforce expenses. The layoffs have affected hundreds of employees within the Voice Assistant unit; hardware teams responsible for Pixel, Nest and Fitbit products; and a considerable portion of the augmented reality (AR) team. This move is part of Google’s broader effort to streamline operations and align resources with its most significant product priorities​​. According to The Verge, the total number is in the thousands. This comes at a time when Google parent, Alphabet Inc., reported record profits in late January. The company reported $20.4 billion in net income in Q4. Google is one of the most successful companies in the entire world, and they are swimming in cash. If they feel the need to ruthlessly cut workers, what kind of sign is that for the rest of the economy? Sadly, the truth is that it has become quite apparent that big trouble is ahead. 2024 is going to be such an important turning point for the economy, and it is also going to be such an important turning point for the nation as a whole. The state of the economy will certainly be a central issue during the upcoming election season, but there are no easy answers for the problems that we are now facing. Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here. About the Author : Michael Snyder’s extremely controversial new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com.  He has also written seven other books that are available on Amazon.com including “End Times”, “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse Blog, End Of The American Dream, and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  You can connect with Michael on YouTube, Facebook, and Twitter, and sharing his articles on your own social media accounts is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

This content was originally published here.

A new manual for the United States military-industrial complex has been released. In the manual, meant to prepare the American military for fighting Russia in a war, Moscow is called “the enemy.” The primary focus of the new 280-page long manual is on Moscow’s ground forces, which would be pitted against the US Army in a hypothetical direct war. The Combined Arms Doctrine Directorate (CADD) released the document which contains a detailed overview of Russian military strategy and tactics and tries to predict how the country would conduct itself in future conflicts, according to a report by RT.  The CADD promoted the manual in a post on X (formerly Twitter) on Monday, asking, “Do you know your enemy?” Do you know your enemy? New! ATP 7-100.1, RUSSIAN TACTICS, addresses the nation-state’s military doctrine with a focus on army ground forces and tactical ops in offense, defense, and related mission sets. Scan the QR or click the link below:https://t.co/H6Hf5pXbXW 📗 pic.twitter.com/zPamIAJGph — U.S. Army Combined Arms Doctrine Directorate (@USArmyDoctrine) February 26, 2024 Is it odd or just another coincidence that the U.S. ruling class and war machine chose to release this document publically, so the Russian rulers and anyone else who wanted to read it could do so? It seems strange that this would be released, but maybe it’s done to anger Moscow or other militaries the U.S. considers “enemies.” The document, known as ATP 7-100.1 and released last week, is part of a series that the U.S. Army Training and Doctrine Command (TRADOC) has been developing for years. Previous publications provided similar studies of the militaries of other potential near-peer and peer opponents: North Korea, China, and Iran. The materials are not classified and are intended for professional US and allied military officers. With Russia currently involved in the Ukraine conflict, US military researchers stressed that they are still examining data gathered there and would revise their instructions accordingly. They said it was “too early to assess the structure and equipping of any Russian unit for the next 5 to 10 years” with hostilities still ongoing. Discussing Russia’s relations with the US and its NATO allies, the manual says they are defined “by a perpetual state of competition and self interest.” The country seeks recognition as a world power and it is “highly likely” that future Russian leaders will pursue policies similar to that of the current government “for the foreseeable future,” it said; Russia will “challenge the relative position of US influence in the global order while avoiding direct confrontation with the US military.” – RT ”The core of the problem is not in Ukraine but in those who are trying to destroy Russia with Ukrainian hands,” President Vladimir Putin said last month while visiting a military hospital. “Even though they have been pursuing this goal of tackling Russia for ages, we will sooner tackle them.” Russia Finally Comments On Dropping Of Nord Stream Sabotage Investigation

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This article was originally published by Belle Carter at Natural News.  For Russian Foreign Minister Sergey Lavrov, the West will never disclose the truth about its criminal biological experiments as he slammed its impunity which violates many international agreements, including conventions on human rights and biological and chemical safety. “The impunity with which Westerners conduct biological experiments on humans is outrageous,” Lavrov said at the plenary session of the forum of supporters for the fight against modern practices of neocolonialism For the Freedom of Nations. He added that as per the latest information from the Russian Defense Ministry, which has been confirmed by investigative journalists, in the city of Mariupol, “Once controlled by the Kyiv regime, large European and U.S. companies conducted experiments on children and adults for meager rewards, using drugs that almost completely suppress the immune system and stimulate the growth of cancer cells. The tests were focused on the spread of disease and epidemics among members of the Slavic race,” he pointed out. He also stated that the collected materials were sent to European laboratories, whose fate remains unknown. He reiterated that the Western countries “will never disclose to the world community the facts exposing its criminal biological experiments.” Lavrov also noted that the West’s impunity violated many international agreements, including conventions on human rights and biological and chemical safety. “There is utter contempt of international law, let alone human lives,” he concluded. During the said speech, the Russian minister also touched on the West’s attitude towards the global majority and proceeded to cite examples such as the budget on green deals. “In 2010, developing countries were promised $100 billion annually for 10 years as climate finance. However, the West was in no hurry to fulfill its obligations, allocating just crumbs from the promised funds. In 2015, the pledge of ‘$100 billion per year for 10 years’ was reiterated in Paris but nothing changed,” he said. He also linked these efforts to the funding of wars such as in Ukraine. He said that the climate agenda was brought into play to gain market advantages over weaker countries. “By outsourcing ‘dirty’ production facilities to other countries, Western supporters of climate justice are imposing additional costs on Southern nations and pressuring them to buy costly green technologies from the West,” he said, saying that the money that was pledged for development is being spent on supplying weapons to the Kyiv regime and other military ventures. Another example was the Wuhan coronavirus (COVID-19) vaccine distribution during the peak of the pandemic, Lavrov reminded his audience that the West secured the majority of scarce vaccines, leaving the impoverished and vulnerable to fend for themselves. At the same time, he said, international bodies controlled by the West, deliberately delayed the certification of the Russian Sputnik vaccine, which could have saved millions of lives in developing countries. “Western vaccines were certified in Europe almost immediately, bypassing standard procedures. But nobody was held accountable for any serious side effects resulting from these vaccines,” he also emphasized. (Related: Russian Foreign Minister Sergey Lavrov accuses West of sowing chaos globally to advance interests.) Russia’s Lavrov lands in Caracas to discuss with the Venezuelan president the strategic partnership between the two nations The Russian foreign minister arrived in Caracas for an official visit to the Bolivarian nation on Tuesday, Feb. 20. He is set to meet with Venezuelan President Nicolas Maduro, Vice President Delcy Rodriguez and Foreign Minister Yvan Gil to discuss key issues of bilateral cooperation and interaction in the international arena, as well as analyze the global and regional landscape. “Venezuela is a strategic partner and ally of Russia. Bilateral relations, based on strong ties of friendship and solidarity, are thriving and actively developing in all crucial areas,” Lavrov said in a statement. “Russia will continue to provide comprehensive support to the Venezuelan government and people in defending their national sovereignty and the right to choose their own development path.” A day before, Lavrov visited Cuba, where he met with President Miguel Diaz-Canel and Foreign Affairs Minister Bruno Rodriguez. Following the Venezuela visit, the foreign affairs minister will head over to Brazil to participate in a ministerial meeting of the Group of Twenty (G20). 💬 #Zakharova: 🎙 On February 16, FM Sergey #Lavrov will attend the ‘Forum of supporters against modern neocolonial practices’. 🇨🇺 February 19 – visit to Cuba 🇻🇪 February 20 – visit to Venezuela 🇧🇷 February 21-22 – #G20 Foreign Ministers meeting in Rio de Janeiro. pic.twitter.com/4uQaYlxWQi — MFA Russia 🇷🇺 (@mfa_russia) February 14, 2024 Head over to Overlords.news to read more stories on the West trying to dominate the world.

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This article was originally published by Michael Snyder at The End of the American Dream under the title: The 7 Other Planets In Our Solar System Will Form A Line As The Path Of The Great American Eclipse Of 2024 Crosses America The Great American Eclipse of 2024 is truly going to be a once-in-a-lifetime event. A few days ago, I wrote about how this eclipse will pass over 7 locations named “Ninevah” as it moves across our country. Since I wrote that article, I have also learned that the eclipse will go over a location in Texas named “Jonah” too. That is pretty incredible, but what I have to share with you today is even more amazing. Last week, I shared something that Rachel Baxter has discovered with my core subscribers. I wanted to get their feedback before I shared it with the general public. Like me, many of them were absolutely blown away by this discovery. This information is so explosive, and I feel that it is important to try to get it out to as many people as possible before the eclipse arrives. So I can’t hold it back any longer. Today, I am going to share with the whole world what I shared with my core subscribers last week… Since the Great American Eclipse of 2017, we have been waiting for the Great American Eclipse of 2024, and now it is less than 2 months away. On April 8th, the Great American Eclipse of 2024 will complete the giant “X” over America that the Great American Eclipse of 2017 started. Amazingly, on that exact day the seven other planets in our solar system will “line up” in the sky. This is an extremely rare event, and it will never be seen again. So why am I so concerned about what is going on in the heavens? In Luke 21:25, Jesus specifically told us that we should watch for “signs in the sun, and in the moon, and in the stars” just prior to His return. And what I have to share with you today is absolutely amazing. During the month of April, so many things are going to be happening in the heavens. Let me start with things that are commonly known. On April 4th, just 4 days before the Great American Eclipse of 2024, there will be a “planetary alignment” that will involve 4 planets… The next planetary alignment takes place on April 4, 2024. It will feature four planets – Venus, Neptune, Saturn, and Mars. The planets will align in the morning sky. Venus, Saturn, and Mars will be visible to the naked eye, but you’ll need a telescope or high-powered binoculars to see Neptune. Half of the planets in our solar system will be aligned on that day, and that is pretty remarkable. In addition, there will be 4 “planetary conjunctions” during the month of April. On April 3rd, we will witness a conjunction of Venus and Neptune… On April 3, at 10:53 GMT (06:53 a.m. ET), Venus (mag -3.8) will pass 0°17′ of Neptune (mag 8.0) in the constellation Pisces. Venus is visible with the naked eye, but Neptune requires a telescope or binoculars with good magnification. From the Northern Hemisphere, the conjunction will be difficult to see because the planets will be too close to the eastern horizon in the morning. From the Southern Hemisphere, the event will be slightly easier to see as the planets will be higher above the eastern horizon. On April 10th, we will witness a conjunction of Mars and Saturn… On April 10, at 18:46 GMT (2:46 p.m. ET), Mars (mag 1.2) will pass 0°24′ from Saturn (mag 1.1) in the constellation Aquarius. Both planets will be visible to the naked eye. Observers in the Southern Hemisphere will be able to see the planets high above the eastern horizon in the morning. In the Northern Hemisphere, the view will be poorer as the planets will be closer to the eastern horizon, rising just before sunrise. On April 20th, we will witness a conjunction of Jupiter and Uranus… On April 20, at 07:30 GMT (03:30 a.m. ET), Jupiter (mag -2.0) and Uranus (mag 5.8) will meet in the constellation Aries. The distance between the planets will be only 0°31′. Observe the planets in the evening, low above the western horizon, just after sunset. This conjunction will be better seen from the Northern Hemisphere; in the Southern Hemisphere, Jupiter and Uranus will be very low. Don’t forget to bring binoculars to see Uranus — this planet is too faint for the naked eye, especially from light-polluted cities. And on April 29th we will witness a conjunction of Mars and Neptune… On April 29, at 04:01 GMT (12:01 a.m. ET), Mars (mag 1.1) will pass extremely close to Neptune (mag 7.9) in the constellation Pisces. The apparent distance between the planets will be only 2’14” — even the distance between Jupiter and Saturn during the Great Conjunction in 2020 was greater (6.1 arcminutes). The conjunction of Mars and Neptune will be much less spectacular, however, because Neptune is too faint to be visible to the naked eye. Grab a pair of binoculars or a telescope and look for the duo in the east in the morning. Observers in the Southern Hemisphere will have a better view. But everything that I have just shared with you pales in comparison to a discovery that has been made by Rachel Baxter. In addition to our planet, there are 7 other recognized planets in our solar system. In January, all 7 of those planets, along with the sun and the moon, began to “line up” in the sky. This is different from a “planetary alignment”. During a “planetary alignment”, several planets appear to be stacked behind one another as one looks out from the Earth. But in this case, the other planets in our solar system are actually forming a straight line in the sky. This is how Rachel explained it in an email that she sent me… Beginning in January, 2024 an alignment of the other 7 planets began to take shape and will continue through mid-May. Opposite the earth – when looking from Jerusalem to the East (which I believe is the way the Lord “keeps time” with His planets) all 7 recognized planets will line up in 3 constellations of Pisces, Aries and Taurus. They will look to be in a line (not what people commonly think of as a planetary alignment where the planets disappear into one bright light from our viewpoint.) On April 8th, the sun, the moon and the other planets in our solar system will appear to form a straight line in the sky when looking out from Jerusalem toward the east. The following is from a graphic that Rachel sent to me… I want to thank Rachel for allowing me to share this remarkable information with all of you. Rachel asked ChatGPT how frequently the planets line up like this, and she was told that it would only happen once in 19 million years. And when she included the sun and the moon, she was told that it would only happen once in 32 million years… When I asked ChatGPT about a month ago to calculate the frequency that this line up of planets would happen, it responded with 1 in 19 million years. Because the moon and sun will also be aligned, I asked the frequency of this and it said 1 in 32 million years. More recently, she asked ChatGPT 4.0 about this, and she was told that it was a “once-in-a-lifetime spectacle”… Today, I asked ChatGPT4.0 more detailed questions in different ways and got responses from “once in a lifetime spectacle” to more than one in a billion years. The safe answer is that this will not happen again in our lifetime! God’s story in the stars is speaking and we ought to listen! Interestingly, looking out from the perspective of the sun on April 8th several of the planets will actually form a “V”… For much more on all of this, I would encourage you to watch a video that Rachel recently posted on her YouTube channel… So what does all of this mean? I don’t know. But I do believe that very unusual things are happening in the heavens right now. And Jesus did warn us that there would be “signs in the sun, and in the moon, and in the stars” in the days just before His return. We truly are living in Biblical times, and I expect global events to really accelerate once the winter is over. Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here. About the Author : Michael Snyder’s extremely controversial new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com.  He has also written seven other books that are available on Amazon.com including “End Times”, “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse Blog, End Of The American Dream, and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  You can connect with Michael on YouTube, Facebook, and Twitter, and sharing his articles on your own social media accounts is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

This content was originally published here.

This article was originally published by Austin Padgett at The Mises Institute.  Much of the developed world is slipping into a hyperregulated malaise. Growth rates are down across most major economies, and the developing countries are catching up to our errors almost as fast as they are growing. Increasingly, even in the US, you would have to be outside the norm to afford a house by age forty. The median age of a first-time homebuyer in 2023 is the same as a repeat buyer in 1981. We’re not allowed to build and grow, but we’re told everything is ok as long as the stock market hasn’t crashed. When we point out that the system isn’t working, we are told we should be happy because degrowth is good for the environment. It is time people stopped feeling obligated to justify their existence to a managerial class of unelected bureaucrats. Their incompetence and capture to powerful interests has been demonstrated enough times. There is utility in fighting propaganda by painstakingly digging through studies to highlight flaws in the constant stream of bad data and assumptions being used to rationalize our slavery. However, the only reason they can presume to have authority over our lives in the first place is that our society has broadly lost belief in our own agency. The United States was founded based on the ideas of individual sovereignty and natural rights. Whether these values have receded in the West as a result of the death of God, some failure of the Enlightenment, or the incentives of the system, they are diminished and need reviving. The presumption that leads Environmental Protection Agency consultant Professor Naomi Oreskes to generously tell us we “can still eat  some meat” on a World Economic Forum panel also generates our impulse to negotiate for freedom rather than assert it. We try to prove we aren’t a cancer on the planet so they will let us go free as if begging a captor for our worthless lives. There is a shared presumption of control, a master-and-slave mentality. Unless we cut to the core of that mentality, we will exhaust ourselves having to endlessly justify every ounce of our existence. A common criticism of our appeal to agency is that people are not rational; therefore, they must be protected from advertising, making their own healthcare decisions, or any number of freedoms the appointed experts deem us to be unworthy of or too stupid to be trusted with. It is a mistake to respond to this by arguing that people are rational or that a belief in freedom relies on that assumption. Libertarians explain agency through the observable fact that people act purposefully, not rationally. Violating someone’s intent when they are not interfering with anyone else’s is a violent rejection of our individual sovereignty. While an individual’s ability to reason can lead to rational action, it does not presuppose it. Nor can we presume to declare ourselves as arbiters of rationality. Much of traditional economic theory assumes that people are self-interested rational maximizers. Some advocates of free markets lean into this presumption as a justification for our ideas. When people are then inevitably seen to make suboptimal or seemingly random decisions it is labeled as a failure that needs to be corrected for their own good. It still holds true that freedom increases rational action, but it is not from an individual perspective; it is from a collective evolutionary perspective. The deepest evolutionary incentive is for the propagation of the species, not the individual. This is why a free market that allows purposeful action benefits the collective, while social planning benefits a parasitic class of individuals. The only way to maximize rationality within a collective is to allow for seemingly irrational, idiosyncratic individual behavior. During World War II, there was a bombing mission so dangerous only volunteer pilots were assigned to fly. When flying these bombers, there was roughly a 90 percent chance you would be killed by shrapnel and a 10 percent chance of losing your engine and crashing. Unfortunately, the planes could not handle the additional weight of both a parachute and a flak jacket, so they could only wear one. At first, the military was adamant that all the pilots should wear the flak jackets considering there was a significantly higher risk from shrapnel, but the pilots revolted, insisting on having a choice. Because it was a volunteer mission, the officers acquiesced, and the pilots matched the distribution of risk with 90 percent picking the flak jacket and 10 percent choosing the parachute. This choice demonstrated a deep, evolutionary instinct to match the probability of the scenario, maximizing the upside while minimizing the chances of catastrophic failure (an instinct our public health officials failed to demonstrate when they locked us down and insisted on population-wide mandates for experimental RNA treatments in response to a government-engineered cold). It may seem irrational for someone to dig a bunker or store a year’s worth of canned food, but the percentage of people who do will generally reflect the likelihood of requiring such preparation. This is perfectly rational from a collective evolutionary perspective. This process of matching the distribution of likely outcomes is routinely demonstrated in nature: Probability matching has been observed in thousands of geographically diverse human subjects over several decades, as well as in other animal species, including ants [32–35], bees [36–38], fish [39, 40], pigeons [41, 42], and primates [43]. In virtually any setting where an animal is able to make a choice between A versus B in a randomized experiment, we observe probability matching. The way all creatures make decisions is through adaptive probability matching. For example, let’s say you have a fish tank. If you feed your fish on the right side of the tank 75 percent of the time and on the left side of the tank 25 percent of the time, the fish will match that distribution, with 25 percent of them swimming to the left side of the tank and 75 percent to the right at feeding time. If you change the feeding pattern, they adapt their behavior. This distribution results in the least amount of food being wasted by hitting the bottom of the tank. If you ask a social planner what the rational thing for a fish to do at feeding time, she might say it’s to swim to the right side of the tank since that would maximize its potential food intake. This is similar to how propaganda in public schools prioritizes four-year university attendance above other options, and how federal loan policies were put in place to push everyone to go to college based on the fact that on average, university graduates have a higher salary. Metaphorically, public policy encouraged everyone to go to the right side of the tank. Of course, all this artificial tipping of the scales did was devalue college degrees and create devastating shortages elsewhere in the economy. You will never be able to forcefully plan behavior in a way that maximizes rational collective action. An infringement of agency prevents the development of an individual’s character and capabilities, leading to an unconscious and weakened collective. The more freedom people must seek out through information and making their own choices, the better we can adapt to the fundamental uncertainty of life. This uncertainty requires a differentiated, antifragile approach, something a central planner would not even have the theoretical ability to do, due to their lack of distributed knowledge.

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During the COVID-19 scamdemic, the ruling class and mainstream media did everything they could to make sure people were living in fear of a “new and deadly virus.” But was it all just manufactured? Was it simply hypnosis to make sure people complied with whatever “health protocols” were dictated to them? Fear is a powerful negative emotion and research shows that it vibrates at a frequency of 100hz. As a matter of “coincidence,” it has been demonstrated that viruses also vibrate at very low frequencies. Negative emotions and states of mind are the perfect entry point for a virus to develop and propagate as it feels “at home”. In addition, Fear drastically affects the immune system, leaving it defenseless. The Science of Fear: How The Elitists Use it to Control Us & How to Break Free But is it possible to hypnotize people into a fear-based state of mind and keep them there, so that all of the negative effects of vibrating at such a low frequency can manifest and keep people compliant? During a recent episode of Mike Adams’ “Health Ranger Report,” Alec Zeck and Mike Winner, definitely think it’s possible that that happened. The creators of the said video compilation revealed how people were given “mind conditioning” scenarios and narratives that promoted scaremongering to make the public submit to whatever policies (no matter how ridiculous and devastating) the “health authorities” rolled out. The mind is very powerful and can oftentimes simply manifest what it believes, whether it’s true or not.  Mike Adams, the Brighteon  founder mentioned a study covered by  Natural News about hypnosis studies, in which individuals hypersensitive to poison ivy were selected. A researcher asked them to extend their hand on a table and then told them “I’m going to brush a leaf of poison ivy on your hand. The researcher would indeed do that but not the poisonous plant. But skin rashes would still break out; their mind made it real. “There was another study where a researcher would pretend to put a lit cigarette out on a person’s skin, even though he actually just used a pencil eraser, and then the person’s skin would erupt in a burn reaction because they thought it was a burn,” he further cited. “The mind is very powerful. If that is to account for some of what we saw during the pandemic, then that’s very frightening because the power of false authority in the medical system and the media is far more powerful than most people realize.” We are being mind-controlled to an extent that most still don’t realize. If the ruling class tells people it’s real, they believe it and condemn those who bring real-world evidence to the contrary to their attention. A state of mental enslavement can be incredibly difficult to break free from, however, it’s the first step if we ever hope to see actual freedom in our lifetime.

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This article was originally published by Emily Thompson at The Activist Post.  Afghan women continue to feel scared or unsafe leaving their homes alone because of new Taliban decrees and enforcement campaigns on clothing and male guardians, the U.N. mission in Afghanistan reports. According to the new UN report, since the August 2021 takeover, the Taliban have introduced more than 50 decrees that directly curtail the rights and dignity of women. UN Women, the International Organization for Migration (IOM), and the United Nations Assistance Mission in Afghanistan (UNAMA) have, since August 2022, tasked themselves with consulting with diverse Afghan women every few months to gain a greater understanding of what is happening in the country. The results show that women fear arrest and the long-lasting stigma and shame associated with being taken into police custody, the report stated. In addition, over half of women – 57 percent – felt unsafe leaving the house without a  mahram , a male guardian. Risks to their security and their anxiety levels increased whenever a new decree was announced specifically targeting them. Only one percent of women indicated that they had “good” or “full” influence on decision-making at the community level. Some respondents expressed deep disappointment with some UN Member States who in their efforts to engage the Taliban, were overlooking the severity of what is an unprecedented women’s rights crisis and the associated violations of international law, based on treaties ratified by previous Afghan governments. Some women argued that one way for the international community to improve their situation would be to link international aid to better conditions for women and to provide opportunities for women to talk directly with the Taliban. UN independent human rights experts have expressed profound concern over multiple reports detailing arbitrary arrests, detention, and ill-treatment of women and girls in Afghanistan. The incidents, which have surged since early January, are purportedly linked to violations of the Taliban’s stringent dress code for women. The Human Rights Council-appointed experts called on the de facto (Taliban) authorities to comply with Afghanistan’s human rights obligations, including under the Convention on the Elimination of All Forms of Discrimination against Women. The Taliban crackdown initially began in western Kabul, predominantly inhabited by the minority ethnic Hazara community – which has been the target of extremist violence for years – but swiftly expanded to other areas, including Tajik-populated regions and provinces such as Bamiyan, Baghlan, Balkh, Daykundi and Kunduz. Women and girls reportedly accused by the Taliban of wearing “bad hijab” were arrested during the operation in public places, including shopping centers, schools, and street markets. Some were forcibly taken to police vehicles, held incommunicado, and denied legal representation, according to a news release issued by UN rights office OHCHR on behalf of the experts. “Women and girls were reportedly held in overcrowded spaces in police stations, received only one meal a day, with some of them being subjected to physical violence, threats and intimidation,” they said. In May 2022, Taliban authorities ordered all women to observe “proper hijab,” preferably by wearing a  chadari  – a loose black garment covering the body and face – in public and made male relatives responsible for enforcing the ban or face punishment. While some detainees were released after a few hours, others reportedly languished in custody for days or weeks. The lack of transparency and access to justice means the current number of detainees potentially held incommunicado is hard to assess. Their release has been made contingent on male family members and community elders providing assurances, often in writing, that they would comply with the prescribed dress code in the future. “In addition to punishing women for what they wear, assigning responsibility for what women wear to men violates women’s agency and perpetuates an institutionalized system of discrimination, control of women and girls and further diminishes their place in society,” the experts said. In addition, UNAMA reported several human rights violations affecting women and restrictions on freedom of expression by the Taliban authorities. Approximately 400 women were banned from working at a pine nut processing facility, and another 200 were dismissed from a power plant. Women have been arrested for buying contraceptives, and unmarried female healthcare workers were coerced into marriage under the threat of job loss. Even though UN officials on the ground in Afghanistan have tried to make a difference, many women continue to face restrictions on public transport and employment due to their marital status or lack of a male chaperone. Arbitrary arrests are made for not adhering to the hijab decree, with varying consequences for violations. The Taliban have also curtailed freedom of expression by instructing educational institutions to remove books against Hanafi jurisprudence, impacting materials related to Shi’a beliefs, political parties, and the previous elected government. It is clear that Afghan’s women continue to experience sustained abuse and oppression at the hands of the Taliban government and it is up to Western countries to crack down on the authorities by tying aid relief to the loosening of restrictions on women. Without such intervention, Afghanistan’s women will only continue to suffer and remain a persecuted segment of society without any hope for their future.

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I am very sorry because i have to destroy some popular opinions on some things, but i just have to do that. When i said and keep saying “no rules” i mean that. You can not have something like ideal preparations, you can only try to have it (and then hungry man down the road still might shoot you with his antique hunting rifle for a bit of flour). So again on bartering and gold and silver: No, gold and silver was not like second money, or second value during SHTF, it was not even worth like in normal times, and in most of the cases it was dangerous to have it a lot (actually it was too dangerous to have anything in great amounts and let other people to know that) If you had for example 1000 gold coins, and let s say that one coin worth 150 USD in normal times, you could think that you are rich in shtf. But in reality it was hard to find someone who give you some food or battery or whatever useful for one coin. Gold coin was not useful for 90 percent of people, what they could use it for? Eat it? Start fire with that? Only people which could use that gold were people who had connection to outside world, so they could use it for buying things trough their connections. In most cases they just used situation to acquire great amounts of gold for the future and in exchange for some simple things, like food, or fuel or… They did that because they had everything else. But thing is it was hard to make trade with people like that, because bad kind of people had connections or were gathering gold, so they can just gonna take that gold from you and give you nothing, or bullet in your head. So yes gold was useful and not useful, it dependeds what kind of people or group you belonged to. If we have worldwide crisis and you can not get food anywhere the first currency of choice will be food or useful things, not gold or silver. If you want gold to keep some kind of value for one day after all is over make sure you are prepped for long, long time crisis before that. It is better to have some useful stuff in your prepping, then to waste money on gold or silver. And of course if you still want to have a lot of gold as a part of your preparations, i suggest you buy lot odd simple gold rings, or simple cheaper gold necklace, it makes more sense than to have gold coins. In hurry it is gonna make more sense to offer “your wifes gold ring” someone for cans or something else then to offer someone some “strange” gold coin for food or one of the typical gold coins you can buy from gold sellers these days, it can raise some questions, and you do not need raising questions in situation like that. Stay low key. Be the guy with the last family jewels not the guy with gold coins from typical gold sellers. I would say that in SHTF it is gonna be easier and cheaper to get gold then in normal times. Bartering was not a thing of some regular prices or regular places, even “expensive”things changed. Meet the guy with terrible toothache and you are only person who can do an ok tooth surgery. He will give you some gold for that if he can or a lot of other valuable things to simply get out of this situation. As i remember coffee and cigarettes was hard to find and expensive through all of the time, everything else changed, sometimes was expensive and hard to find, sometimes not. But important to remember is to make it easier to you, so obliviously, it is much easier to carry and trade candles and batteries than 20 liters of fuel. There is no sense of letting everybody know that you are “man for trade” and that you have a lot fuel for example, because then you might end finished robbed and probably dead. If you can be, be a traveling trader and do not trade too often with same people if you can avoid that. People also got shot after trading with one person a few times before. Other person might just run out of things to trade and call on you to come to trade and all he has is bullet for you in exchange for what he needs (and he knows you come with what he needs). In some hardest period cigarettes was sold at one piece, i mean you could buy one cigarette for something, it was so expensive. Same was with coffee, even some substitutes for coffee were expensive. Now you need to know that traditionally here people drink coffee a lot, so maybe some other thing is so “important” in your area, like tea, beer or something else. But do not expect that people will loose their addictions because times are hard. One of my older relatives smoked cigarettes while he had it, after that he smoked tobacco (pipe), after that he bought from some folks pieces of dry tobacco roots or tree, used knife to cut small pieces of that and smoked that, and after that he used some dry leafs from tree and smoke that. He never quit smoking. So in short instead of getting gold and silver to preserve your wealth you might consider getting useful stuff and if you like gold there is always option to get it from unprepared people in exchange for useful stuff if you think you need this for times after. If you already have everything you really think you could need then gold and silver might be good, better than just money for sure. I do not believe in any quick recovery. Even with help from other states (thank you all for that) it took long time before things became more normal again. If things don’t get better you do not want to be stuck with gold and having to do risky trades. Do not think that other people do not see when someone is desperate and take advantage of it.

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This article was originally published by Patricia Harrity at The Daily Exposé. A Tempe, Arizona, neighborhood has been named “Culdesac” and is America’s first example of a 15-minute city, a vision of the World Economic Forum and the globalist cult, who are pitching the concept as being more environmentally friendly.  Instead of seeing this development as a dystopian nightmare, Culdesac residents appear to be thrilled at their new way of life, do they have any idea what they have in store for them? A  15-minute city is a SMART City in an urban environment with omnipresent surveillance and data harvesting technologies that will monitor and record even the most intimate, personal details of every individual inhabiting it. The globalist goal is to collect the data of every individual and will know: What they eat and drink, Where they go, What they buy, Who they meet, What they think and feel Their opinions and habits Their health and vaccination status. Etc, etc.. In other words, every little detail, and as the oft-quoted Noah Yuval Harari has said, those who own that data will know you better than you know yourself. Yet this all-encompassing surveillance has been justified as we are told that it will be essential for the future of the planet, and to save it from “climate change.” They also guarantee it will make your life more connected, safer, and healthier and it looks like the Culdesac residents have bought the idea. A  12 News  report promoted the community as helping with sustainability which includes them giving up their own vehicles as Culdesac is the first community in the nation to be designed around car-free living, but instead of being unhappy about this, the report showed a Culdesac employee who seemed to be thrilled about the alternate transportation provided in the neighborhood du to gas vehicles being prohibited from the area. The employee told  12 News  “Residents can own one [a car] as long as it’s not parked on site. “Can you imagine living on top of your grocery store?” the employee asked the news outlet. “What’s the appeal of living on top of a grocery store?” asked the People’s Voice” who said that “of course, the development will be used to push similar Agenda 2030 nightmare neighborhoods across America.” A more recent report by  NBC News promoted the car-free community to a national audience, talking with Culdesac co-founder Ryan Johnson, who claimed, “Every generation including 90% of Gen Z would like to pay more to live in a walkable neighborhood.” Do they know what their “walkable neighborhood” is really all about though? While they may be thinking that it is like a scene from a 1950s movie, with white picket fences and all, or at its worst, it would be more akin to “Nosedive” an episode of Black Mirror. However, as the creator of Black Mirror states, is “satire, on acceptance, and the images we like to portray and project to others” and he says “it is basically, the world we live in.” The Chinese Social Credit System. We cannot even say that 15-minute cities, will be like China’s Social Credit System (SCS), which is “a policy project that aims to incentivize lawful, honest behavior and expand financial services.” If you try to enter public place with a red QR code…immediately an Alam goes off. Chinese govt can easily cut you off from society By remotely switch your COVID passport to code red. Code QR red in China means you need to do your time in a quarantine camp and pay for it. https://t.co/3OmT3isry7 pic.twitter.com/i44hGcEx2f — Songpinganq (@songpinganq) November 22, 2022 The term “Social Credit System” is problematic for various reasons. One, it makes the policy plan sound like a singular, coherent entity, when really it’s a “hodgepodge of public administration and legal reform initiatives”, as Ocean University of China associate professor Xin Dai puts it in his award-winning paper on the topic. However, a social credit system despite being on the totalitarian spectrum, cannot be compared to the “hodgepodge of public administration and legal reform initiatives that the global cult has planned for us. Most of us are aware of this, however, it is clear by the optimistic attitude of the Culdesac residents, that many more need to be made aware. The following information is from Stop World Control. Source 15 Minute Cities According to Stop World Control, every aspect of life in a Smart City will be monitored by a wide variety of data-harvesting technologies: SMART Lights SMART Poles SMART Cars SMART Neighborhoods SMART Homes SMART Appliances SMART Energy SMART Transportation and many other SMART technologies. Together they will form an omnipresent surveillance grid, continually collecting all information about every little detail of the life of the people. Source Smart Cities create the
Internet of Bodies Internet of Bodies
T hese external SMART devices are being synchronized with devices that are directly connected to the human body, like SMART watches on our wrists or SMART phones in our hands. These devices are able to gather information about what is happening inside our body and even have the ability to alter functions of the human body. In the near future, they will be implanted inside the human body to collect even more data and have a lot more influence on what happens inside of us. The personal information gathered by these billions of devices worldwide form a network called the Internet of Bodies, or in short, IoB. Currently, we are all familiar with the Internet of Things (IoT), which allows us to access unlimited information about every thing . The Internet of Bodies will essentially be the same, except it will gather all the personal, most intimate information about every body . This data will be in the hands of global corporations, governments, banking imperiums, etc. Source A Smart City limits your movement I n order to make sure that everyone remains within the perimeter of data harvesting, movement in Smart Cities will be limited to 15 – 20 minutes from home. This concept has coined the phrase “15 Minute Cities” and is being promoted as the best idea ever for saving the planet from climate change. Everything you need will be made available within a short distance, so no one ever needs to go beyond that perimeter. For longer distances, a permit will be required. On top of this, 30% of all wilderness areas will be closed off as an encouragement for people to seek their happiness inside the Smart Cities instead of venturing into the majestic outdoors. Virtual realities are being created as an alternative to spending time in nature. Examples are the MetaVerse and all its alternatives. Again, a “wonderful idea to save the planet”: lock the world population up inside Smart Cities, where they “enjoy life” in a virtual realm.Source There is zero privacy in
a Smart City a Smart City
T he World Economic Forum wrote an article on Forbes.com that describes the experience of a citizen inside a Smart City, who praises it as heaven on earth: “How come we never thought of this before?” One of the characteristics will be that no one will own anything. Everything will be shared: homes, cars, tools, cars, even clothes. At the end of the post, the citizen expresses one concern about life in a Smart City: “Once in a while I get annoyed about the fact that I have no real privacy. Nowhere I can go and not be registered. I know that somewhere, everything I do, think, and dream of is recorded. I just hope that nobody will use it against me. All in all, it is a good life.” The central nervous system of Smart Cities will be 5G. According to former Chilean president Sebastián Piñera, 5G is not only able to read our thoughts but can also insert thoughts and emotions into everyone. He stated that it would become the central nervous system of society, and he guaranteed that they will make sure it reaches every home in the country. Interestingly, all streetlights in Smart Cities are also concealed 5G antennas. Source Smart Cities harvest everyone’s data W hy do they want everyone to live in Smart Cities, and what is their motivation behind recording every little detail about all of us? The answer is given by Israeli professor Yuval Noah Harari, who is an advisor to the World Economic Forum. He explains: “The new masters of the world will be those that own the data.” The wealth of today is no longer gold or oil. It is data. The more data a corporation, government, or banking imperium has about the population, the more power it affords them. Smart Cities will be an unprecedented way to use humanity as one massive herd of data cows. Personal data will be milked from us all day long, and even while we sleep. Apart from gathering tremendous amounts of data, these technologies also allow for levels of control that are unheard of in previous civilizations. A former Silicon Valley engineer, Aman Jabbi, is sounding the alarm that Smart Cities will essentially be open concentration camps: “By giving them your data, you give them the ability to monitor and assess your behavior, which can now be converted into a social credit score. That score is then used to determine what privileges you qualify for and which ones you don’t in the new slave society.” This social credit score is already being deployed in China, and during the 2020 pandemic, many nations implemented the first steps toward this system of control. Digital IDs and digital currencies will be at the center of this grid. When people disobey, or criticize the system, their spending will be curtailed, and access to basic aspects of society will be blocked. Again, this is happening already in China, which is the testing ground for the rest of the world. Source Will Smart Cities
edit the human genome? edit the human genome?
A  concerning fact about Smart Cities is that all streetlights are LED lights, which have the ability to manipulate the human genome. Gene expression can be turned off or on with LED lights, which can also activate mRNA inside the human body. Scientific studies documenting these facts abound online.  Which begs the question: is this why authorities insist on injecting all of humanity with mRNA technologies that can be activated through LED light? Where Next? Culdesac today but it is coming to a city near you soon! Other cities chosen as ‘Pioneer cities’ include: Apeldoorn, Netherlands; Barcelona, Spain; Belfast, UK; Bengaluru, India; Bilbao, Spain; Bogotá, Colombia; Brasilia, Brazil; Buenos Aires, Argentina; Cordoba, Argentina; Daegu, South Korea; Dubai, UAE; eThekwini (Durban), South Africa; Faridabad, India; Gaziantep, Turkey; Hamamatsu, Japan; Hyderabad, India; Indore, India; Istanbul, Turkey; Kaga, Japan; Kakogawa, Japan; Kampala, Uganda; Karlsruhe, Germany; Leeds, UK; Lisbon, Portugal; London, UK; Maebashi, Japan; Manila, Philippines; Medellín, Colombia; Melbourne, Australia; Mexico City, Mexico; Milan, Italy; Moscow, Russia; Newcastle, Australia; and Toronto, Canada………. When it does reach your city, remember, just like Hotel California, “You can check out any time you like, but you can never leave” The time to resist is now.

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This article was originally publisehd by Jane L. Johnson at The Mises Institute.  US fiscal realities are well known. Total federal debt outstanding has now reached $34 trillion, up from $98 billion in 1981, $5.67 trillion in 2000, $13.56 trillion in 2010, and $26.95 trillion in 2020. And at 120 percent of the US economy’s productive capacity (gross domestic product), the federal debt matches that at the end of World War II. That $34 trillion, when spelled out, is the number thirty-four followed by twelve (count ’em) zeros separated by four commas. So it looks like this, a lot of digits and commas for the human brain to comprehend: $34,000,000,000,000. These official debt figures do not even include the large unfunded liabilities inherent in the largest federal entitlement programs, Social Security and Medicare, Medicaid, and several others that comprise about two-thirds of federal spending. We can, however, accurately forecast those liabilities over the next seventy-five years—the time horizon used by the trustees of the two funds that finance the programs—because the future beneficiaries have already been born and will expect their benefits when they become eligible. Unfunded liabilities are currently estimated at $212 trillion. The two programs, Social Security and Medicare are structured so that future workers will be paying sufficient payroll taxes to pay future benefits as the population ages. But the trustees of the two programs project that the trust funds do not currently contain sufficient resources to fully cover these future benefits past the middle of the next decade without congressional changes. Outstanding Debt versus Federal Budget Deficits Where did all this debt come from? In the simplest sense, it came from too much spending. There tends to be confusion between  annual federal budget deficits  and the total  outstanding federal debt . We’re referring here to the  debt , not simply to the annual budget  deficits  that continue to increase the debt every time the federal government spends more than it receives in tax revenue. This deficit spending results every year that the legislative and executive branches of our federal government can’t seem to control their spending habits, which has been the case every year since the late 1990s when the federal government last ran a small surplus. Annual federal budget deficits currently run at the $1.7 trillion level, compared to the $34 trillion debt. Motivation to Pay Off the Federal Debt Is there any motivation to attempt a debt payoff? Many Americans appear to have been lulled into accepting some variant of modern monetary theory, which has infected the populace like a virus, and which a small fringe group of economists believe allows a sovereign nation with its own sovereign currency to spend without limit, being able simply to issue more of its own currency to pay off any debt with impunity. Though these believers do not outright state that there is no limit to the amount of debt that sovereign countries can take on with no concern about ever repaying, reading between the lines and watching their behavior certainly indicates this conclusion. What Debt Payoff Might Look Like If there is any motivation to pay off the federal debt, what would this payoff actually entail? In the simplest terms, dividing the current outstanding $34 trillion debt by the current US population of 334,233,854 (as of January 1, 2023) yields a one-time per capita payoff figure of $101,725.18 for every man, woman, and child in the US. While this undoubtedly exceeds the average savings account owned by most Americans, it doesn’t look like an outrageously high figure. But, of course, we’re assuming no more annual federal budget deficits that increase the debt, which would be a difficult promise for Congress and any president to keep. But if such a payoff were possible, it would obviate the need to continue paying interest on the debt, an outlay that now runs about $1 trillion annually. Another approach to pay off the federal debt over time might be to structure the debt payoff similarly to an amortized mortgage. As a hypothetical thought exercise, picture that you’ve taken on a $34 trillion mortgage to buy your ultimate dream house. The interest rate on this hypothetical mortgage is the current average rate being paid to lenders who own the Treasury bonds that comprise the debt. After all, these lenders, which include both Americans and those in foreign countries such as China, Japan, the United Kingdom, and others, would expect to receive their interest payments during the next thirty years that you will be paying your hypothetical mortgage. The average annual interest rate on the US debt, as of December 2023, is 3.11 percent, which is expected to increase over time. But if you can lock in this interest rate on your hypothetical thirty-year $34 trillion mortgage, 3.11 percent sounds like a pretty good deal, below current conventional mortgage rates. Using an Excel spreadsheet for the calculations, the formula for the monthly mortgage payment is PMT (1,2,3), where three arguments are as follows: Monthly interest rate expressed as a decimal (0.0311), divided by 12. The number of mortgage payments, 360 in this example (thirty years times 12). The mortgage loan amount ($34,000,000,000,000 here). For readers who may want to try this at home, inserting these three arguments into the Excel PMT calculation, the monthly payment for 360 payments over thirty years at a monthly mortgage interest rate of 0.00259 (i.e., 0.259 percent, about one-quarter of 1 percent) would be $145,370,309,731.07 total or $434.94 per capita. That’s $145 billion and change every month for thirty years, or $434.94 per every American man, woman, and child. This is most likely more than every American could ever afford to contribute every month for thirty years to repay the federal debt. And again, this assumes no more continuing federal budget deficits that would increase the existing debt. Remember, we’re only trying to pay off the current outstanding debt of $34 trillion. Yet these figures are worth contemplating for their astounding magnitude, just as the total outstanding federal debt is worth contemplating for its astounding magnitude. These figures are very difficult for the human brain to grasp. Anyone reading this far must conclude that this is a fatuous exercise, that there is no achievable way to pay off the current federal debt within the lifetimes of Americans currently alive, and that the only possible remedy is to begin curtailing federal spending to avoid taking on  additional  debt. That’s why we occasionally hear a few politicians speaking of (or paying lip service to) “deficit reduction,” which in the current political environment is the only humanly possible pursuit. And accomplishing that is easier said than done, for political as much as for financial reasons. And on a final note, when contemplating the US fiscal predicament, keep in mind that there are only four means by which the government can capture resources for its own use: Outright confiscation of property for public use, which is prevented by the US Constitution’s “taking clause” without just compensation of the property owner. Taxation. Debt issuance. Inflation that erodes the nominal amount of the debt over time, harming lenders. Some observers would argue that this fourth strategy is perhaps what we are beginning to observe in the US and some other countries around the world, but that is a topic for another day.

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