"We Track the Financial Collapse For You, so You'll Thrive and Profit, In Spite of It... "

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"We Track the Financial Collapse For You,
so You'll Thrive and Profit, In Spite of It... "

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Top Three Videos – January 10, 2024

Jeffrey Tucker: Are People Ready For This Financial COLLAPSE? How Do You Protect Yourself? (January 10, 2024)

Thoughtful Money...

Summary

 

The FED’s history of rate cuts leading to rekindled inflation and the potential for catastrophic consequences from a cyber attack are being ignored, causing financial instability and uncertainty for account holders.

 

 
  • The FED’s history of rate cuts leading to rekindled inflation is a disastrous monetary policy that is being ignored.
  • There’s not a single level of inflation, and it’s way above the fed’s target.
  • “It’s not as if prices migrated up and down like the sea level. What really happens is that the price pressures moved from sector to sector to sector to sector.”
  • The possibility of a cyber attack across North America could have catastrophic consequences.
  • Bank runs and routine account closures by Major Banks are causing financial instability and uncertainty for account holders.
  • Governments and corporate interests are using financial controls to control the population, rather than outright coercion.
  • People are not even aware of the wicked system of financial expectations and the trillion dollars in credit card debt.

Why Lying to Yourself is Ruining Your Life (Jan. 3, 2024)...

Academy of Ideas...

Summary

 

Self-deception and lying to ourselves to avoid mental discomfort ultimately leads to greater suffering, and it is better to face the truth and be self-honest.

 

  • We lie to ourselves to escape feelings of personal inadequacy, inferiority, self-loathing, guilt, or shame.
  • Cognitive dissonance arises when we hold inconsistent beliefs, causing mental discomfort that ranges from minor pangs to deep anguish.
  • Chronic self-deception as the primary way to deal with mental pain sets us up for greater suffering in the future.
  • One of the most common ways we deceive ourselves is through the manipulation of our memories, denying that something has happened to reduce cognitive dissonance.
  • Creating false memories to resolve cognitive dissonance can lead to self-deception and mental anguish.
  • Fyodor Dostoevsky’s observation of creating a fictitious characterization of another person to justify mistreating them is a dangerous path.
  • Voluntarily breaking our illusions through self-honesty is far better than behaving like an ostrich and avoiding the truth.

Doomberg: The Energy Grid Could Collapse - Here's Why (Jan.9 2024)...

Liberty and Finance...

Summary

 
 

The vulnerability of major grids in North America is growing as renewables make their way into a larger share of production capacity, posing a real and urgent risk that needs to be addressed.

 

 
  • The vulnerability of major grids in North America is growing as renewables make their way into larger share of production capacity.
  • The electricity grid is a classic example of a highly nonlinear chaotic system, where small changes in one part of the grid could amplify into complete collapse on a moment’s notice if operators aren’t careful and have not invested in sufficient redundancy.
  • The grid is the foundation of a prosperous society, and a complete shutdown during the depths of winter could be catastrophic.
  • The potential collapse of the energy grid is a real and urgent risk that needs to be addressed.
  • The Black starting of a grid is significantly challenging, making it difficult to bring the grid back up once it goes down completely.
  • The possibility of the energy grid collapsing is a scary simulation at the national level, motivating people to consider alternative power sources.
  • Lack of energy could cause economies like Germany to de-industrialize, despite the abundance of oil, natural gas, and coal.
  • The potential for a war in the Middle East could easily drive oil prices back above $100 a barrel, leading to an inflationary pulse and a spike in commodities.

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