Its 'Aristocrats' Vs 'We, The People' - When you view the political elite as Dukes and Duchesses whose main job is to maintain power over the peasants, their behavior makes sense. They are Traitors.

Posted by freedomforall 1 week, 3 days ago to Politics
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""We created a financial system . . . that is run by an aristocracy. It’s not a Right/Left, liberal, socialist or conservative aristocracy.

Look at JPMorgan Chase, Google and General Dynamics.

Look at Mitch McConnell, the big Republicans and the big Democrats. They are not socialists, and they are not capitalists–they’re aristocrats. They are mainly interested in a system where the rules apply to you and me but do not apply to them. . . . You need to view those guys as Dukes and Duchesses whose main job is to maintain power over the peasants, then their behavior makes complete sense. . . . Seeing them that way makes their motivation and behavior pretty much crystal clear.”

Rubino contends, “This won’t change. You’ve got to have all the peasants grabbing their pitch forks and heading to the castle before it changes..."

"In the meantime, we are stuck with this system, and it has given us the biggest financial bubble in human history. That sounds like hyperbole and click bait, but it’s actually not. If you look at the big financial bubbles we have lived through, junk bond bubble . . . tech bubble and then the housing bubble, they were sector specific financial bubbles where one asset class just blew up. They became the center of a mania, crashed and almost took down the whole economy. We now have at least four and maybe five bubbles of that magnitude all going at the same time. That’s why they call it the ‘Everything Bubble.’ . . . When this thing blows, it’s not just going to be one sector tanking. It’s going to be all the sectors tanking at once. It’s going to be astounding. I wouldn’t want to be Joe Biden when that happens. . . . This is going to be an impossible thing to govern.”

Rubino warns, “When it becomes obvious that there are no tools to fix any of these markets that are blowing up, that shifts the attention over to currencies..."

" Because if we can’t fix the financial markets, why would we want to hold these currencies when everything in these financial markets that these currencies kind of govern are going crazy? So, when this thing blows up, it will shift the pressure over to the dollar. Thus, this is the whole thing. Nobody is going to want to hold the dollar or the euro or the yen. It won’t matter what the governments do because there will be nothing effective for them to do. That’s when things get really crazy, and people will be glad they have gold and silver among a handful of other things. It’s completely possible we end back up on a gold standard in 10 years with gold at $10,000 per ounce. If you are a stacker, this chaos is less terrifying to you because you know your financial life is going to be okay no matter what happens to housing, tech or whatever. . . . We think we have lived through some tough times in the financial markets, but we have never seen anything like what is coming.”"

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  • Posted by Lucky 1 week, 3 days ago
    Good. Yes. The theme is right.

    This point of 25n, marrying Chinese heiresses-

    Financial decline of the English aristocracy accelerated in the late 1800s. This was the time when the US aristocracy was forming.
    The one thing the English aristocrats lacked was money to keep up the lifestyle, at that time the new US aristocracy lacked only titles. Many US women took on the task of rectifying both deficiencies. The requirements were quite basic, for the men it was titled parentage, women required money with good looks and poise worth a few points.
    Much progress was made in that era, none of it from that gang. Progress came from the thrusting middle class and below, business, culture, and intellectual. They were satisfied to keep the aristos to their 'charity work' and in casinos.
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    • Posted by 25n56il4 1 week, 2 days ago
      Oh yeah you are talking about the little Trust Fund babes who bought a title by marrying it. That idea repelled me! Never did impress me. Not even 'to the title born'.
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    • Posted by 1 week, 3 days ago
      They are still in the casino, unfortunately as the house on Wall St. Just another looting 'mob', mostly parasites, some actively and insidiously destructive of the productive competition.
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