That’s the big print.
The U.S. national debt will pay for the AI bailout, and the energy companies will profit from it.
A crisis is needed to justify the Fed’s bond purchases.
A narrative is needed to allocate the capital in an emergency.
Hence the national security and China AI arms race narrative.
Hence the war to manufacture the energy crisis.
That’s why exponential wealth inequality is mathematically baked into the strategy.
It is also why the world reserve currency status has to be sacrificed.
Half of “jobs” in China’s cities are now gig work like food delivery, Uber, livestreaming, and freelancing.
China's job wipeout is a test-case for what AI could do in America.
Full interview with @LynAldenContact on why the financial system is rigged against you.
(00:00) Slow Financial Collapse
(02:00) How Money Actually Works
(07:30) End of Gold System
(12:30) Why Life Feels Harder
(18:20) The Debt Trap
(26:00) Who Really Wins
(34:00) Why System Persists
(41:00) Crisis & Bailouts
(48:30) System “Resembles Theft”
(59:20) Default Explained
(10:30) Bitcoin & Alternatives
it hasn't sunk in for most people. we already live in a post-scarcity society. UBI is already here.
basic package: disability, medicaid, food stamps etc
bonus package: literally getting paid for staying at home and hanging out with your relatives
extra bonus: if you are willing to commit fraud, pretend your kids are autistic and get paid for that. get paid for watching your neighbor's kid. pretend you are taking care of your grandma. fake hospice clinic. fake rehab clinic. fake therapy clinic.
giga bonus: during a time of crisis take advantage of PPP or CARES and open a fake business and get paid for existing
people are shocked when they learn that defense is the FIFTH largest line item in the budget. ahead of defense: social security ($1.6T), interest on debt ($1.1T) medicare ($1T), medicaid + ACA ($1T), AND THEN defense ($0.9T)
complain about defense all you like, but healthcare fraud is a way bigger factor. hundreds of billions per year.
this is only going to get worse, because the fraud is a structural part of the system – payouts to client groups in exchange for votes (normally D).
in the US, only 47% of the population actually works (fully 14% of the population is working age and does not work). retirees are 18% and children 22%.
the system I described above subsidizes 50m non-working people absolute minimum, but really it's far more because people that are paid to stay home and take care of their relatives are considered "workers"
of that 47% of "actual workers" maybe one third does real work, the rest are shuffling papers around or doing fake email jobs. so you have, rough math, 50 million actual workers supporting 300 million dependents. that's the nature of the economy today. it will only accelerate. eventually you will have 10 million using AI tools to do all the work and 340 million dependents.
the reason no one roots out the fraud is because it's the system that keeps our extremely fragile polity intact. the fraud is the UBI. the purpose of the system is what it does.
of course, it's a deeply unfair system, because you are allowed to commit fraud if you are a politically protected client group of the democrats. DOGE was killed faster than any government program ever, because it attempted to root out the fraud. if you are honest and unwilling to commit fraud, you are a huge loser in this system. your neighbor will have their mortgage subsidized by some government program. they will get favorable SBA loans due to DEI. they will open a fake hospice or autism clinic. they will get paid for taking care of their neighbor's kid and vice versa. the primary skill in the labor market is learning how to extract money from state and federal government programs, not gaining skills or making yourself employable. if you are just trying to work an ordinary wagie job you are a huge sucker. you are paying 40-50% effective all in taxes to everyone else who is a net taker.
the sad part is because AI is such a substantial productivity boost, it will actually keep this system going for a while longer, and maybe in perpetuity. AI boosts the 15% of the population that is actually productive so much that the remaining 85% can coast by. no one in charge will change this because they can't think of anything else. the political costs of a real UBI program are too great and we don't have the money for it anyway. so we will keep this covert fraud-based UBI program running indefinitely. unfortunately, if you are an honest wagie, you lose.
72 fraudulent hospices in a single building in LA.
Meanwhile San Francisco spends $141,000 per homeless person -- they should be living like kings.
The fraud's not investigated because nonprofits are the foot-soldiers of the Democrat party.
The Everything Crash
Normally when the stock market goes down, the bond market goes up. This provides stability to the average investor’s portfolio.
However, due to the war in Iran, oil prices are rising, causing inflation to rise. As a result, the Fed can’t cut interest rates. They are now pricing in interest rate raises, which in turn, leads to lower bond prices and higher yields.
Because investors are now anticipating higher bond yields in the future, this makes debt more expensive, increasing the cost of capital, which has a negative effect on future growth projections.
On top of all this, precious metals are selling off because central banks are trading gold and silver for oil.
This has created a situation where stocks, bonds, and precious metals are crashing while bond yields and inflation are increasing.
Soon GDP forecasts will have to be slashed and corporate revenue and earnings projections will have to be reduced.
In my 15+ year investment career, this is the worst macroeconomic backdrop I have ever seen.
Correct.
We are on the cusp of our Great Depression, as the four critical economic factors of the 50-year boom are collapsing: the petrodollar, the sovereign debt bubble, the dollar’s reserve status, and the government’s ability to finance the welfare state.
A civil war is coming.
It's easy to blame the system, to think change is external. But transformation begins internally. Your choices—like the money you use—are reflections of your values. Align with honesty, and the world mirrors it back. The real change? It's within us.
JACK MALLERS: “When you take one of the world’s largest social internet networks, and you combine it with the world’s best open monetary network, twitter accidentally becomes one of the best remitting experiences in the world.”
There is a species of ant that approaches the edge of another colony, kills a single worker, and then takes on the dead ant’s scent.
For ants, scent is everything. Wearing that scent, the intruder walks in with no resistance. The workers pass by without concern.
The intruder moves inward, toward the queen, then It sprays the queen with a different scent that makes the workers turn on her. Then they surround her and kill her.
The intruder does not need to fight anyone. The colony does the work itself.
Once the queen is gone, the intruder reproduces. The true invader is no longer an intruder. It is the future.
This is how ideological takeover works.
A destructive foreign ideology takes the scent of familiar ideas and walks in as if it belongs.
It speaks the native vocabulary, justice, equality, compassion, rights, progress. It uses these words and quietly changes what they point to.
Then it moves inward.
It alters how foundations are perceived. Responsibility is made to smell like cruelty, law like oppression, borders like hatred, tradition like danger, history like guilt.
At that point, the civilization turns on itself.
Its courts, universities, churches, media, and bureaucracies begin treating their own foundations as threats. They believe they are defending the system.
They are enforcing what now smells legitimate. They do not see the intruder because it sounds exactly like them.
And when the founding principles are finally removed, discredited, dismantled, erased, the foreign ideology does not need to conquer anything. It inherits what is left.
The queen is gone. The colony is no longer itself.
The most effective conquest is the one that convinces a society that its own foundations are the enemy, and that killing them is an act of virtue.
In an age of abundance, scarcity becomes more valuable.
In an age of performance, real results become more valuable.
In an age of slop, quality becomes more valuable.
Don't follow the crowd.
The counter-trend is where you will find what you are looking for.
Is “Shadow Banking”the New 2008?
Defaults are spreading — and funds are locking — in the $1.8 trillion private credit industry, where asset managers lend directly to companies.
Turns out they gambled with pension money and figure you’ll bail them out.