If you are sleeping well at night you aren’t paying enough attention to domestic and/or world events.
Life as we know it is perched on the precipice of catastrophic change.
Begin with the so-called “Doomsday Clock” as shared by the Bulletin of Atomic Scientists, said to be a mere 90 seconds from striking midnight. Midnight in this case is much worse than Cinderella’s carriage turning back into a pumpkin, her horses to mice and her ball gown to tattered rags.
Think military armageddon with financial and societal collapse thrown into the stew.
We live in a world with ongoing wars in Europe, the Middle East, and possibly in these United States if Clueless Joe Biden decides to continue to pick a fight with Texas due to his goal of keeping our southern border with Mexico wide-open – the better to restock the voting pool with blindly Democratic voters, be they legitimate or not.
Yet stock markets are at or near all-time highs, consumer confidence reportedly is high and optimism abounds. We are said to be in a so-called Goldilocks moment, with everything just right.
All this is the perceived status even though on Tuesday earlier this week, according to many reports, a U.S. Naval destroyer operating in the Red Sea had a cruise missile, said to have been fired by Houthi rebels, come within a mile of the ship. It had to be shot down by the ship’s “close-in weapons system” – machine guns. This is not supposed to happen in these high-tech times.
We came so very close to that ship possibly being sunk and a crew of perhaps 300 being killed or injured. Then what?
And you probably heard of this only in passing, if at all.
That speaks to the perilous times in which we live and the general ignorance of same.
Do yourself a favor, start paying attention.
Note hundreds of farmers protesting outside the European Union Parliament building Thursday to protest the Green agenda putting them out of business in pursuit of dealing with so-called climate emergencies. These protesters were shot with rubber bullets and water cannons because they want to grow food and raise livestock, as they have for decades.
European nations have sacrificed their individual sovereignty to these draconian bureaucrats in Brussels and are finding the price for their indifference to that takeover to be very high, indeed.
Other countries are witnessing similar demonstrations by unhappy citizenry, and it likely is only the beginning.
Consider the next looming financial crisis — over-leveraged commercial real estate — and the unhappy reality of owners having to re-finance those monstrous debts at much higher interest rates. Remember how the subprime housing debacle tanked financial markets in 2008/2009? This has the potential to be that exercise on steroids.
It already is causing banking cracks to form in China, Japan, Europe and the United States, which helped explain Wednesday’s massive stock market declines.
A similar concern is all the U.S. government debt, being refinanced at higher interest rates and taking an ever large slice of tax revenues to pay for it all, even as our politicians continue to borrow and spend at a breakneck pace.
As so-called “Bond King” Jeffrey Gundlach observed on a Wednesday cable business news appearance, all the Goldilocks talk makes him nervous and he expects a recession this year.
Gundlach also noted that while the cracks in the financial system have been evident for some time, it can take longer than one expects for the eventual breakdown. But, the breakdown eventually comes.
When superstar tech company Apple reports disappointing earnings, as happened Thursday, that’s another crack in the accepted Goldilocks narrative.
But don’t worry, the Democrats will save us. That’s the party of Clueless Joe (Brandon, The Big Guy) as well as having 75 percent of its membership in the U.S. House vote AGAINST deporting illegal immigrants and foreign aliens who commit Social Security fraud.
That’s the same party that’s going to kill democracy to save it, lionizes DEI types who plagiarize their way to the top, wants gender-confused males beating up on your biological daughters in sporting events, looks daily for ways to diminish your rights from free speech to privacy to gun ownership, and just basically should operate under a party flag of a raised middle finger toward anyone not in their Ivy League-educated elite club.
If Punxsutawney Phil really wanted to show his prognosticator chops, he’d emerge from his burrow Friday morning and predict all this unchecked insanity is going to have an unpleasant ending, one far worse than a few more weeks of winter.
Sam Ross Jr's site 