Thanks Dave. Seems to me, it's time to leave the alternative main stream and post here. Where posts are valued for simply being. I am sure the loss of revenue is difficult, but manageable. We don't know if Steem is legit, we'll find out. I'm a consumer not a creator, so it's easy for me to say, leave the regular and be totally Steem.
Great report, and maybe great news. There's nothing more I'd like than for peace to break out in the Middle East, and for the rationale that justifies the panoptic surveillance to evaporate.
I've been working on a post to describe a roadmap towards economic stability in the approaching market meltdown, and the defunding of the deep state.
We have had repeated bail outs of the plutocrats. It's about time to catch us up. Maybe it's a pipe dream, but the defunding is happening, and the MIC is either gonna go rogue, or stand down and get some rejiggering too. I think that's a good sign.
The MIC has had a parallel rogue industry for at least 75 years, maybe 200...this would only be a major pivot and reorg, not existential threat.
Still, millions will die, so business will remain very brisk.
I expect Billions may yet die. That some of them might not, ever, I dare not hope, but I often do what I dare not. Bold, or foolish, it is the way I am.
I understand the integration of the MIC in industry. I do not consider this rogue, as it is rather a lynchpin of American, and indeed, global industry, as well as the primary market for government funds. I do not understand what you mean by parallel, so don't really know how to respond to that.
There is a confluence of disparate, seeming unrelated, threads of industry, government reform, science, technology, and social intercourse that appears ready to come to a head at any time. Often dynamic systems, which our nation certainly is, that are not locked in a robust state of stasis, or balance, can be triggered to enter a phase change, by seemingly small influences.
When I say 'defunding', I mean that funds simply will cease to exist. Fiat currency is based on confidence, and nothing else. The hedge funds and global finance systems are utterly bereft of confidence from the majority of the world's population. The bolster provided by a government system that remained constant is all that let the system rebound at all from the 2008 crisis, which was caused by debt reaching a level that no income could meet.
Derivatives, nearly exponential bets, or hedges, did this. They yet exist, and have again potentiated the mathematical impossibility of being paid back in a financial system based on debt creation. Perhaps you do not see the essential incongruity of this system once it is dominated by a sufficiently tiny fraction of players, who concentrate wealth without reprieve, as automatically and without question as the sun rises.
Even a little bit of acceptance of cryptocurrency by financial institutions will put to the test in the eyes of everyone the suitability of crypto to actually serve as money. Proved out, there will be such and exodus from the old, broken system of monetization, that inherently robs the many to the emuneration of the few systemically, to an essentially fair and prudent system of money, that the fiat currencies will nearly instantly have no value whatsoever.
This is what I mean by defunding. In a crypto based economy, it is very difficult to conceive of a means of forcing people, except one by one, at the point of guns, to fund the construction of their cages, the cameras that watch them, and the server farms that parse and retain for all time their every private function. This will not be a pivot, but the end. T
he MIC will have to contribute value to the people that fund it, and fiat will not create funds, will not contribute to the crypto based economy the value that used to be assigned to it.
The fortunes of the corrupt ancient families that snake their debtacles into the homes of the world will be rent, and have no reach, nor grasp, on the wealth of the world any longer.
It will not happen next week, or next month, but it could happen this year. Most people would need a form of wallet that requires but the IQ of a cow to use, but that can be done. It can be done literally overnight.
And, when the time comes, it will be.
As an aside, I have long considered the name Homo sapiens to be extraordinary conceit, and that a far more appropriate name is H. vulgaris. I am intrigued by your name, and wonder if you'd share why you chose it and what it means to you. Just curious.
Sadly I have to disagree with much of what you hope for, because I hope for most or all of the same. Look at my account (follow if you like, please)- I changed my tagline recently to make it quite obvious. We're (humans) apex predators so terribly fearsome to the rest of the ecosphere, like tyrannosaurs, but physically not very imposing- we've cheated with the evolutionary advantage of bigger brains and a small talent for cooperative action, leading us to ultimately, after burgeoning over EVERYTHING, not just direct competitors, for millenia to this precipice- and could as catastrophically fail as other species did in other extinction events- but most likely, it's entirely our own doing. And there is a DEEPLY entrenched system, so I think it's already permeated crypto- the arms, drugs, and flesh dealers already do, don't they? Banks are already heavily vested and invested in the crypto world, and soon , if not already, all the rest of the leeches.
BUT...decentralization, now that actually offers a way out of this trap! SteemIT could save my life as a businessperson and musician (I'm hoping), and maybe, just maybe, offers it to everyone who makes the effort to explore it (really easy, but so deep it's confusing to nearly all newbies).
And don't dis mama cow, I've known some REALLY smart ones...
And perhaps I should have said "rogue", not left off the quotes- it's entirely part of the industries' business models, but dark, or darker than the rest of it.
My question here is isn't it Hesbola in Syra fighting who are the Islamic State that is warning the US not to interfere with their attack on the Islamic State?
This post has been ranked within the top 25 most undervalued posts in the first half of Jun 08. We estimate that this post is undervalued by $34.48 as compared to a scenario in which every voter had an equal say.
Man Dave, your analysis is always so insightful. I wish President Trump were as effective at explaining his policies as you are at divining them. You make some fairly chaotic events seem like a coherent plan.
BTW, I wish you Greg Hunter, Sean from SGT, and other like minded creators could have a common Network with your individual channels here on Steemit. I suspect that would generate some powerful synergy.
I never miss an episode of X22. Always great content, great and pertinent and timely information. One question I have had for a long time... where does the name X22 come from?
Always great content, upvoted and resteemed
Yes Dave is a Daily listen! If only he did one 7 days a week! Thank you Dave!!
Comey is going to be talking corn and waving empty hands. He just wants to stay relevant and in the news to prevent the deep state from whacking him
Thanks Dave. Seems to me, it's time to leave the alternative main stream and post here. Where posts are valued for simply being. I am sure the loss of revenue is difficult, but manageable. We don't know if Steem is legit, we'll find out. I'm a consumer not a creator, so it's easy for me to say, leave the regular and be totally Steem.
Great research and analysis as always.
A big, fat nothingburger with Comey.
Love the report. Daily listener. Following!
Great report, and maybe great news. There's nothing more I'd like than for peace to break out in the Middle East, and for the rationale that justifies the panoptic surveillance to evaporate.
I've been working on a post to describe a roadmap towards economic stability in the approaching market meltdown, and the defunding of the deep state.
We have had repeated bail outs of the plutocrats. It's about time to catch us up. Maybe it's a pipe dream, but the defunding is happening, and the MIC is either gonna go rogue, or stand down and get some rejiggering too. I think that's a good sign.
Thanks!
The MIC has had a parallel rogue industry for at least 75 years, maybe 200...this would only be a major pivot and reorg, not existential threat.
Still, millions will die, so business will remain very brisk.
I expect Billions may yet die. That some of them might not, ever, I dare not hope, but I often do what I dare not. Bold, or foolish, it is the way I am.
I understand the integration of the MIC in industry. I do not consider this rogue, as it is rather a lynchpin of American, and indeed, global industry, as well as the primary market for government funds. I do not understand what you mean by parallel, so don't really know how to respond to that.
There is a confluence of disparate, seeming unrelated, threads of industry, government reform, science, technology, and social intercourse that appears ready to come to a head at any time. Often dynamic systems, which our nation certainly is, that are not locked in a robust state of stasis, or balance, can be triggered to enter a phase change, by seemingly small influences.
When I say 'defunding', I mean that funds simply will cease to exist. Fiat currency is based on confidence, and nothing else. The hedge funds and global finance systems are utterly bereft of confidence from the majority of the world's population. The bolster provided by a government system that remained constant is all that let the system rebound at all from the 2008 crisis, which was caused by debt reaching a level that no income could meet.
Derivatives, nearly exponential bets, or hedges, did this. They yet exist, and have again potentiated the mathematical impossibility of being paid back in a financial system based on debt creation. Perhaps you do not see the essential incongruity of this system once it is dominated by a sufficiently tiny fraction of players, who concentrate wealth without reprieve, as automatically and without question as the sun rises.
Even a little bit of acceptance of cryptocurrency by financial institutions will put to the test in the eyes of everyone the suitability of crypto to actually serve as money. Proved out, there will be such and exodus from the old, broken system of monetization, that inherently robs the many to the emuneration of the few systemically, to an essentially fair and prudent system of money, that the fiat currencies will nearly instantly have no value whatsoever.
This is what I mean by defunding. In a crypto based economy, it is very difficult to conceive of a means of forcing people, except one by one, at the point of guns, to fund the construction of their cages, the cameras that watch them, and the server farms that parse and retain for all time their every private function. This will not be a pivot, but the end. T
he MIC will have to contribute value to the people that fund it, and fiat will not create funds, will not contribute to the crypto based economy the value that used to be assigned to it.
The fortunes of the corrupt ancient families that snake their debtacles into the homes of the world will be rent, and have no reach, nor grasp, on the wealth of the world any longer.
It will not happen next week, or next month, but it could happen this year. Most people would need a form of wallet that requires but the IQ of a cow to use, but that can be done. It can be done literally overnight.
And, when the time comes, it will be.
As an aside, I have long considered the name Homo sapiens to be extraordinary conceit, and that a far more appropriate name is H. vulgaris. I am intrigued by your name, and wonder if you'd share why you chose it and what it means to you. Just curious.
Thanks!
Sadly I have to disagree with much of what you hope for, because I hope for most or all of the same. Look at my account (follow if you like, please)- I changed my tagline recently to make it quite obvious. We're (humans) apex predators so terribly fearsome to the rest of the ecosphere, like tyrannosaurs, but physically not very imposing- we've cheated with the evolutionary advantage of bigger brains and a small talent for cooperative action, leading us to ultimately, after burgeoning over EVERYTHING, not just direct competitors, for millenia to this precipice- and could as catastrophically fail as other species did in other extinction events- but most likely, it's entirely our own doing. And there is a DEEPLY entrenched system, so I think it's already permeated crypto- the arms, drugs, and flesh dealers already do, don't they? Banks are already heavily vested and invested in the crypto world, and soon , if not already, all the rest of the leeches.
BUT...decentralization, now that actually offers a way out of this trap! SteemIT could save my life as a businessperson and musician (I'm hoping), and maybe, just maybe, offers it to everyone who makes the effort to explore it (really easy, but so deep it's confusing to nearly all newbies).
And don't dis mama cow, I've known some REALLY smart ones...
And perhaps I should have said "rogue", not left off the quotes- it's entirely part of the industries' business models, but dark, or darker than the rest of it.
My question here is isn't it Hesbola in Syra fighting who are the Islamic State that is warning the US not to interfere with their attack on the Islamic State?
This post has been ranked within the top 25 most undervalued posts in the first half of Jun 08. We estimate that this post is undervalued by $34.48 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 08 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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Man Dave, your analysis is always so insightful. I wish President Trump were as effective at explaining his policies as you are at divining them. You make some fairly chaotic events seem like a coherent plan.
BTW, I wish you Greg Hunter, Sean from SGT, and other like minded creators could have a common Network with your individual channels here on Steemit. I suspect that would generate some powerful synergy.
I never miss an episode of X22. Always great content, great and pertinent and timely information. One question I have had for a long time... where does the name X22 come from?