Geopolitics
Love it or hate it, the potency of the Trump Administration is on the wane, soon to be stuck in the mire of the Swamp it has deepend instead of drained, while the economy falls into one hell of a recession — so claims former Regan-era Cabinet member and Congressman David Stockman.
In his new book Peak Trump, Stockman notes how the wide divergence between Trump the campaigner and Trump the president appears to be proving to be his undoing.
Rather than fight to dismantle the institutions he railed against as a candidate — most notably the Deep State and the Federal Reserve — Trump has embraced them.
Now, when this latest asset bubble bursts (and Stockman believes the markets saw their peak back in Fall 2018), Trump will 'own' that. Having chosen to tie his administration's success to the rising price of the S&P 500 since taking office, he won't be able to foist the blame of a market crash on his predecessors.
Similarly, the Deep State — especially the military industrial complex — is experiencing a bonanza under the Trump administration. As a result, the Swamp is deeper than it has ever been.
David Stockman: The Undrainable Swamp & The Inevitable Recession
by Chris MartensonLove it or hate it, the potency of the Trump Administration is on the wane, soon to be stuck in the mire of the Swamp it has deepend instead of drained, while the economy falls into one hell of a recession — so claims former Regan-era Cabinet member and Congressman David Stockman.
In his new book Peak Trump, Stockman notes how the wide divergence between Trump the campaigner and Trump the president appears to be proving to be his undoing.
Rather than fight to dismantle the institutions he railed against as a candidate — most notably the Deep State and the Federal Reserve — Trump has embraced them.
Now, when this latest asset bubble bursts (and Stockman believes the markets saw their peak back in Fall 2018), Trump will 'own' that. Having chosen to tie his administration's success to the rising price of the S&P 500 since taking office, he won't be able to foist the blame of a market crash on his predecessors.
Similarly, the Deep State — especially the military industrial complex — is experiencing a bonanza under the Trump administration. As a result, the Swamp is deeper than it has ever been.
It's said that truth mirrors fiction. I'm finding this to be the case more and more these days.
Take the 1993 comedy Groundhog Day. Bill Murray wakes up each day to relieve the exact same daily circumstances and interpersonal interactions. He relives the same day, February 2, over and over again.No matter what he does, the repetitive cycle won't break. He goes to sleep, wakes up to his alarm, and it's the morning of Feb 2 again.
Likewise, in The Truman Show, Jim Carrey lives in a simulated environment where everybody's an actor in a popular TV show except him. For him, it’s his real life. But although he doesn't realise it, everything around him is completely scripted and fake.
If merge these two movies together, they perfectly describe the world in which we live today. Welcome to Groundhog Day meets The Truman Show. Let’s call this mash-up The Groundhog Show.
We're Living In 'The Groundhog Show'
by Chris MartensonIt's said that truth mirrors fiction. I'm finding this to be the case more and more these days.
Take the 1993 comedy Groundhog Day. Bill Murray wakes up each day to relieve the exact same daily circumstances and interpersonal interactions. He relives the same day, February 2, over and over again.No matter what he does, the repetitive cycle won't break. He goes to sleep, wakes up to his alarm, and it's the morning of Feb 2 again.
Likewise, in The Truman Show, Jim Carrey lives in a simulated environment where everybody's an actor in a popular TV show except him. For him, it’s his real life. But although he doesn't realise it, everything around him is completely scripted and fake.
If merge these two movies together, they perfectly describe the world in which we live today. Welcome to Groundhog Day meets The Truman Show. Let’s call this mash-up The Groundhog Show.
In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- Class Warfare
- Growing tenions between the rural/worker vs urban/financier classes
- Why The Yellow Vest Movement Matters
- It represents a populist anger brewing around the world
- Financialization & Globalization Are The Disease
- They give the elites tremendous advantage over everyone else
- The Empire Is Striking Back
- The global establishment is squashing unrest by every means it has
Chris continues to track the Yellow Vest protests across France Europe because it's representative of a populist ire festering around the globe. Decades of financialization and globalization have created a parasitic elite class that is bleeding the working classes dry.
France is emerging as ground zero for a rebellion against those elites. And the Establishment Empire is doing all it can to suppress the movement before it catches fire in other countries, as it is already threatening to elsewhere in Europe. How soon until we see folks don their own yelow vest in the US, UK, Canada and Australia?
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content.
Off The Cuff: The People Are Rising Up Against The Elites
PREVIEW by Chris MartensonIn this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- Class Warfare
- Growing tenions between the rural/worker vs urban/financier classes
- Why The Yellow Vest Movement Matters
- It represents a populist anger brewing around the world
- Financialization & Globalization Are The Disease
- They give the elites tremendous advantage over everyone else
- The Empire Is Striking Back
- The global establishment is squashing unrest by every means it has
Chris continues to track the Yellow Vest protests across France Europe because it's representative of a populist ire festering around the globe. Decades of financialization and globalization have created a parasitic elite class that is bleeding the working classes dry.
France is emerging as ground zero for a rebellion against those elites. And the Establishment Empire is doing all it can to suppress the movement before it catches fire in other countries, as it is already threatening to elsewhere in Europe. How soon until we see folks don their own yelow vest in the US, UK, Canada and Australia?
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content.
In this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss a whole slew of topics I don't have time to summarize, as our 2018 seminar starts in an hour.
Enjoy!
Off The Cuff: Hall Of Mirrors
PREVIEW by Chris MartensonIn this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss a whole slew of topics I don't have time to summarize, as our 2018 seminar starts in an hour.
Enjoy!
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