To: TobagoJack who wrote (172173 ) 5/22/2021 10:17:07 PM From: maceng2 Respond to of 219523 While waiting for an answer on the sense post, I will share my view on Crypto. Yep. Mother of all financial screw ups is staring at us. Now we move to military matters. On of the UK's best military commanders was Wellington. I found a pamphlet with his quotes, cant remember where it is at the moment, BUT one of the reasons he became famous and influential as a military commander was the Peninsular campaign (Spain). Once he won that (with some help from his troops) , nobody dismissed anything he said lightly. Napoleon dismissed the English and Wellington as a "Nation of Shop keepers". He was right on the description, but it should not of been a dismissal. He should have said something like "France has better shop keepers". He might have won Waterloo if he said that, and the Russian campaign too. Wellington spent an inordinate amount of time figuring out on how to get supplies for his troops. That whole war was based on logistics. Army commanders may think they have logistics problems today. Just imagine the problems with sail boats, quill and ink, and horses and carts. There was also the not so efficient English bureaucracy at the time. Wellingtons generalship was established and honed fighting regiments of clerks and quartermasters, and maybe at that time there some corruption in the system too. That is where the real win was. Fighting the war afterwards was more straightforward. The Logistics aspect of running the military is key. No money, no Logistics. Fergetit. Now it was clear to me that the USA had problems prior to 2008 and being able to sustain it's military and the power of the USD would eventually be a problem. No USD running the show, hungry and grumbling troops, unsuitable armaments, and it goes on. The USA did invent solid state electronics. Central planning at it's finest, and free enterprise kicked in. That went from diodes and transistors to Integrated Circuits. It's a story I know well. Then the internet got invented, again central planning made a requirement, and private industry (call it free enterprise) kicked in and helped make it happen, at the least. Or Al Gore could have invented it all. No idea. I have one of Al Gores books, it's an important tool, but I have never had to use it to date. He looks in good health here... Sharp. Just listen to the introductory remarks. VIDEO but we are running ahead of ourselves. back to circa 2000. Brooksly Borne lost her fight with Alan Greenspan and his pals, and also some bad aspects of the central planning crowd had mixed with Wall Street for too long (since 1950's) and undesirable things had started happening. But there was a requirement. The USA needed to sustain it's economic power to provide support for it's military, and it needed a plan... a good one. Some of those miltary guys are sharp, and I would be surpised that had just left things to go bad. Then we had 2008. Slightly accidental but not really. It was about as predictable as a Willy Coyote scene where our anti hero has just realized he not on top of the cliff but standing on rather thin air. I was in fairly deep chit around those years too, I didn't even post on S.I for a number of years. I remember reading about Bitcoin. I could have bought some, but decided not too. I figured out it was a great idea but it would not get the type of support needed to make it happen. That reasoning was OK, but I failed to realize something. I have a revised view of Bitcoin now, and it's likelyhood of suceeding. Of couse Etherium is a successor, and who knows whats developing to help assist or replace that. Now we have Doge. Strange but that seemed to come out of nowhere and the volume is in Billions. AND some Interent businesses I use have started taking payments in the Doge. How strange. Sure, I have no clue whats going on. No idea who to bet on. It's all so complicated -g- So that is my tuppence worth. imho etc... Yawn. off to sleep. This should do it...VIDEO