Investors can’t stop this demographic freight train (nor do we really want to)
The country that you and I knew as a child is gone. The United States from 30 to 50 years ago was considered a high trust society. Its overall cost of living, including the costs of healthcare, education, and housing, was much less expensive.
The United States has been quickly transforming itself into a bloated multicultural welfare state dependant on running triple deficits forever to support its quixotic objectives. The triple deficits consist of running longer-term massive and growing balance of payments, trade, and fiscal shortfalls.
As much of this deficit generated money flows overseas, it is repatriated back by foreigners and corporations who buy up the country’s assets. Foreigners and the international corporations slowly take over and crowd out natives. They buy up the nation’s real estate, company shares, and public debt. Private equity landlords scoop up residential properties, affordability be damned.
Elon Musk’s father is correct
And this is why the corporate media excoriate him
As the percentage of Caucasians in the American population falls, trust will continue to erode and the emergence of a highly regulated socialist welfare state will keep building. As the technology advances, enforcement will be regulated through rigorous tracking and tracing.
The only thing I can recommend at this point is to own the income generating assets. Being a landlord would be helpful, even if we need to be concerned about the unfolding calls for comprehensive tenant rights. Even in countries like Bolivia, landlords always have the upper hand. And until recently, Bolivia was becoming full-blown communist.
The difference between the United States way of governing versus the rest of the world rests with the 10th amendment. In this regard, the states are responsible for implementing tenant/landlord laws. Thus, I recommend like-minded landlords concentrating on more red areas. Yes, I no longer recommend conducting business in Virginia. Over the next several years I see it becoming more openly hostile towards landlords and business owners.
Oligopolies cherish government intervention
The predatory economy
Despite what classic economists may say, the stock market prefers a highly regulated and low trust society. This creates an effective predatory economy, one in which the strongest exert their will over the weakest.
The weakest consumers in the economy are those in the bottom 80% of balance sheet wealth. In a low trust society, consumers become increasingly isolated from one another and have no power. This is what the oligopolists desire.
In a low trust society, which is populated by powerless consumers, ingenious entrepreneurs exploit the weak to establish entire predatory industries like gambling, cannabis smoking, legal pornography, debt collection, and clever forms of usury. Food corporations formulate the chemistry in food products in such a way that their consumers continue to binge eat into morbid obesity. Pharmaceutical firms will then present their expensive solution.
Predatory industries usually grow and succeed, because the governments desire to see the revenue and taxes collected, while those adversely impacted have no voice and the negative externalities often go unquantified.
The largest economic players in each sector benefit the most from government regulation and are actually the ones who seek it. This crowds out their competition and creates effective oligopolies.
Multiculturalism is very difficult to maintain and only comes with tremendous financial and social costs. Once again, shareholders benefit at the expense of society in general. Multiculturalism breeds low trust, which must be mitigated through powerful central government intervention.
The United States still has a very mobile society and ingenious people will always find a way to succeed. Our goal is to become one of the top 10% in balance sheet wealth.
A rounding causes unemployment rate to tick up, but older jobs numbers look good overall. Philly Fed slightly disappoints. Overall, there’s nothing much to bolster any Fed dovish move. The hawks look stronger here. The economy still looks strong….
Private Nonfarm Payrolls (Sep)
Act: 97K Cons: 62K Prev: 18K
U6 Unemployment Rate (Sep)
Act: 8.0% Prev: 8.1%
Unemployment Rate (Sep)
Act: 4.4% Cons: 4.3% Prev: 4.3%
Average Hourly Earnings (MoM) (Sep)
Act: 0.2% Cons: 0.3% Prev: 0.4%
Average Hourly Earnings (YoY) (YoY) (Sep)
Act: 3.8% Cons: 3.7% Prev: 3.8%
Average Weekly Hours (Sep)
Act: 34.2 Cons: 34.2 Prev: 34.2
Continuing Jobless Claims
Act: 1,974K Prev: 1,957K
Government Payrolls (Sep)
Act: 22.0K Prev: -22.0K
Initial Jobless Claims
Act: 220K Prev: 232K
Jobless Claims 4-Week Avg.
Act: 224.25K Prev: 58.00K
Manufacturing Payrolls (Sep)
Act: -6K Cons: -8K Prev: -15K
Nonfarm Payrolls (Sep)
Act: 119K Cons: 53K Prev: -4K
Participation Rate (Sep)
Act: 62.4% Prev: 62.3%
Philadelphia Fed Manufacturing Index (Nov)
Act: -1.7 Cons: 1.0 Prev: -12.8
Philly Fed Business Conditions (Nov)
Act: 49.6 Prev: 36.2
Philly Fed CAPEX Index (Nov)
Act: 26.70 Prev: 25.20
Philly Fed Employment (Nov)
Act: 6.0 Prev: 4.6
Philly Fed New Orders (Nov)
Act: -8.6 Prev: 18.2
Philly Fed Prices Paid (Nov)
Act: 56.10 Prev: 49.20
MSTRs BTC cost basis is about 12k less than what BTC is currently trading at. I think of what is happening with all those crypto Treasury assets. Look at ZONE. Ouch!
Appears to be end of year profit taking. Although I never thought btc would get this high. I’m sure mstr has huge bids to provide a level of support so it doesn’t tank below a certain level. when is the next halving?
Fed minutes show support for ending quantitative tightening
By Michael S. Derby
(Reuters) -The Federal Reserve’s decision last month to announce a looming halt to the drawdown of its balance sheet earlier than many had expected drew broad support from central bankers, who also expressed interest in reweighting central bank holdings from longer-dated bonds toward Treasury bills, meeting minutes from the late October policy meeting released on Wednesday said.
“Many participants indicated that a greater share of Treasury bills could provide the Federal Reserve with more flexibility” in dealing with market liquidity needs, the minutes for the October 28-29 Federal Open Market Committee meeting showed.
The document added that “several participants also noted that a greater share of Treasury bills could increase flexibility for future monetary policy accommodation without having to raise the level of reserves.”
At the October policy meeting, the Fed said it would end the process known as quantitative tightening, or QT, on Dec. 1. It did so to ensure there was enough liquidity in the financial system to retain firm control over the federal funds rate, its primary tool to achieve its monetary policy goals, and to allow for normal money market volatility.
Interesting cover on the Economist for the World Ahead 2026. It seems to indicate wars(but probably not WWWIII) with the military hardware and missiles, possibly a pandemic or pandemics(scamdemics) with pictures of virus and needles. Maybe bird flu and monkey pox. The graph chart drifting down looks interesting as well as the crumbling dollar sign. Maybe some financial and economic chaos ahead. I provided a link below for everyone to see:https://michaeltsnyder.substack.com/p/super-creepy-the-world-ahead-2026
Seems to indicate chaos ahead and a crumbling order.
Any thoughts on this cover Stone?
How many of those covers were accurate though….there weren’t any syringes on the 2019 or 2020 covers, nothing on the 2001 cover predicted 911? Not much happened this year that was on the 2025 cover. You can rotate it to give more perspective. Most of what is shown on that 2026 cover seems to have been in the news this year, and the penny news happened this month.
One piece of economic data came out this morning. It certainly is heading in the right direction and should add to GDP estimates later today from the Atlanta Fed, though any estimate should be taken with a grain of salt. There’s not much economic data out there to make valid estimates.
Trade Balance (Aug)
Act: -59.60B Cons: -61.30B Prev: -78.20B
Prof Epstein on Judge Nepolitano’s show predicts unanimous against Trump’s power grab. T proved to be an egomaniac to not follow constitution, he has congress. T already capitulated on coffee, Walmart coffees were $5 off last night.
Trump seems to be further isolating himself from economic reality. He’s surrounding himself with a bunch of Yes Men who are afraid to say anything that may upset him.
While I still declare that a tariff scheme is in the best interest of the United States over the long term, we find ourselves in a low trust society in which consensus forming is now impossible. Trump could have gotten away with a tariff scheme back in the 80s and up to the mid-90s when we lived in a high trust society, where consensus forming was easier.
In a low trust society, the various populations will never find a consensus and each economic participant or consumer will desire to drain As much from the system as possible. This means getting as much government benefits as they can, while paying the absolute lowest prices in the stores. To them, it’s a low trust society and the economic participants are now relatively isolated and often make consumer choices in isolation.
The days of formulating a comprehensive tariff policy is over. We live in a low trust society and only a sizable minority see or care about the long-term benefits.
To make matters worse, Trump is “jumping the shark”, so to speak, and wishes to hand out $2,000 checks. It’s as if he learned nothing from the covid stimulus ramifications.
The solution is now too contaminated. All purity is being removed with toxins. Genesis 6 and of course, the garden! The father of lies and murderer, along with his henchmen are more evil than most will ever know in this lifetime.
It is best to own stocks in the large corporations that sell to the masses that are asses as the USA turns into the multicultural toilet bowl. These people will spend into oblivion.
I would also invest in technology companies that tracks transactions and monitors the population .
I would still keep most of my wealth in stocks as opposed to cash while the stock market may look shaky now but it ultimately goes up in value as long as the government continues its excessive spending.
Sadly you are correct. Invest in the predators tracking us. Palentir.
Interesting comments. However, a number of analysts (Edward Dowd for one) have come out and stated that there is going to be a big correction, due to the AI bubble. He said the correction will be like 2008. ” The similarities are stricking. The bond market was signaling a big correction in late 2007: we are seeing the same now.” Any thoughts?
The first blow by the SOS occurred right after the civil war and the assassination of Lincoln by Booth who was one of those people, hired by the Rothschild clan. The 13, 14, and 15 amendments during what is called Reconstruction radically transformed the nation.
This goes all the way back to when Cain was spawned by the devil himself. Adam was not Cain’s father. Jesus said so himself. Only now in the last day are the small remnant figuring this out. It’s too late to do anything about it except to warn the 3% of the global population who will listen.
These descendants of Cain, who survived the local flood, bred with the eager Esau Edomites to create the Edomite Jews that rule today. They formulated the religions and the end times Babylonian private banking system. And today’s judeo Christian and Catholic are none the wiser.
That is unfortunately true! Adam and Eve fornicated with satan, and the rest is history!
Eve certainly fornicated with Satan. She was a cheater from the get go. There is literature from outside the Bible that claim that Eve fornicated with Satan who then begot Cain. Cain was a murderer and liar just like his biological father who is the progenitor of all lies. I cannot believe that Cain was a son of Adam as Adam did not have that murderous personality.
There are other stories outside the Bible that Lilith was Adam’s first wife however she was disobedient, non- submissive, and constantly arguing with Adam. They busted up the relationship.
Amen brother ! Well said. Edomite debt based fractional reserve banking that has been imposed on the USA since 1913 is doing its intended job
Why were you always to cryptic to say this outright? I had to decipher it on several literature.
This article could have been edited as one of the chapters in Emmanuel Goldstein’s, The Theory and Practice of Oligarchical Collectivism, from the book, 1984.
https://en.wikipedia.org/wiki/The_Theory_and_Practice_of_Oligarchical_Collectivism
I present to you the sobering truth and reality of economic life in the United States along with its not so hidden objectives.
It would be interesting if the Supreme Court played the bad guy with Trump’s tariffs.
Perhaps this is what he needs to maintain power. If the Republicans want to keep the House in 26, Trump needs to get rid of the tariffs for now
If the tariffs get totally shot down by the Supreme Court then expect bond yields to go parabolic as a source of revenue gets cut off and the government will have to refund what they got so far. A lot of money will go out the door, however, it will boost consumer spending and those companies that will benefit.
Prof Epstein on Judge Nepolitano’s show predicts unanimous against Trump’s power grab. T proved to be an egomaniac to not follow constitution, he has congress. T already capitulated on coffee, Walmart coffees were $5 off last night.