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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 413.19

+1.1%

Jan 6 4:00 PM EST

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To: TobagoJack who wrote (200720)	8/9/2023 1:14:40 PM
From: ggersh	of 219051

Nice read here sonar21.com here's the money stuff, imho The competition crisis – This crisis can be explained by the following example: Let’s say there are three companies with combined 100% market share in some sector. There is no real competition between them and everybody can just relax because the customers can’t go anywhere else. These companies can get away with absolute incompetence on most levels, including in management. They don’t need to think about efficiency, safety, productivity or costs, except on their websites and in annual reports. However, if a competitor with competent employees manages to infiltrate the sector, those three companies will hit a wall. There will be an enormous crisis and one or more of them will most likely go under. This is exactly the situation in the western economies now. Monopoly and oligopoly is the rule and the main objective of most large western companies is to prevent anyone from infiltrating their sector – usually by bribing regulators or by buying the competition. This is a necessity because a huge number of western companies are now run by incompetent management and staffed by incompetent people, particularly in support and management functions. The immortal words of the nameless Boeing employee about the 737 MAX apply to most large western companies; “this airplane is designed by clowns who in turn are supervised by monkeys.” Western companies are no longer competitive. They cannot compete with Chinese companies now and soon they won’t be able to compete with companies in general outside the West. They simply can’t function except inside an economic safe-space. In fact, the situation is such that the Chinese already do the real work for many of them and reshoring the work is problematic because of (surprise!) the human capital degradation in the West caused by the repurposing of its education system. This also applies to western societies as a whole. The entire leadership and diplomatic classes of the West are no longer competitive against the rest of the world for exactly these reasons. They are being outmaneuvered by the Chinese, the Russians, the Indians, and everybody else at every turn. Even African leaders are now more competent than western leaders. They have consistently made decisions that are better for their people than leaders in the West – for the last few years anyway. I wish your buddy good luck as I'm sure he has a handle on such risk here we get $750mil for just $2 ;-) npr.org Haven't we gone over Japan's lost decades irt interest rates? Japan has been in the news with thoughts of making a deal w/Russia over the disputed islands for oil/gas and maybe even a peace deal? Interesting times, watch and brief

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