Sunday, March 29, 2020

When Will The Next Shoe(s) Drop ???

People are focused on the pandemic, the number of new cases, and the number of deaths. Could there be any MORE bad news? Here are possible candidates:

a. Some argue that Trump and the Federal Reserve System are destroying the US dollar. I agree with them:

Potential risks of the combined cross-party rescue bill and Fed's biggest-ever bazooka include out-of-control inflation, the dollar's displacement as the world's funding currency, and the complete destabilization of the U.S. financial system.

https://www.forbes.com/sites/billybambrough/2020/03/28/donald-trump-and-the-fed-are-destroying-the-us-dollar/#27dfcb8d6ebc

b. The people that grow and harvest our food may not be able to do so for much longer. What happens then?

https://www.zerohedge.com/health/dont-look-now-people-responsible-worlds-food-supply-are-starting-get-sick

c. And here is something no one is yet talking about - insolvency of the Social Security trust fund. With so many people out of work, the amount of money being paid into the system has plunged, while the amount paid out continues to grow. How long until the system breaks?

For over three years, certain elements in our society have been laboring mightily to overthrow President Trump by making it nearly impossible for him to govern the country. We now are harvesting the chaos they have sown, as a gun shy leader with few if any wise advisers continues to stumble in the face of the COVID-19 catastrophe. Those of us who stood by and did nothing to stop this are just as responsible for the situation as the actual ringleaders of 'the resistance'.

Many now seem to fearful of two things - socialism and martial law. Allow me to point out that versions of both these boogeymen played key roles in rescuing the US from the Great Depression and getting us through World War II. Sooner or later we're going to realize that we need them both again.

I just hope we don't wait too long to wake up to that reality. And when we do, I pray there's another FDR out there, who in spite of many faults turned out to be the very sort of benevolent dictator we needed then and need so badly now.

Who can it be? Got any ideas?

No comments:

Post a Comment