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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (190611)	8/5/2022 6:10:10 PM
From: carranza2	3 Recommendations Recommended By Arran Yuan fred woodall Hoa Hao Read Replies (2) \| Respond to of 217712

McGregor is very well informed. I don't know about the notion that we will have 12-15% inflation in the US soon. Perhaps. In your phrase, I am agnostic. He is absolutely correct about the lack of seriousness and understanding our leadership exhibits. The Washington mafia does not seem to understand the gravity or the long term consequences of its actions. In my view, there are two things that drive global economic life, i.e., energy and chips. Without the requisite chips, the best software in the world is worthless. Energy=food=electricity=fertilizer=HVAC=transportation, etc. Chips=communications=computing=modcons=sophisticated weapons=satellites, etc. We have all the energy we need, push comes to shove. We do not have all the chips we need, but we are on the way to getting them in about two years. His analysis (so far I've listened to about 38 minutes worth, so my view might change) does not seem to included Taiwan as an US strategic interest on account of its chip manufacturing. But I doubt that this is a function of a lack of knowledge - he knows but did not mention this aspect of things. The chip issue will disappear when we are self-sufficient. But his big pic take that we are dangerous to the world and to ourselves because we have truly stupid leadership is 100% correct. There are no statesmen, just a manipulated collection of hacks who respond to two things: (1) The need to be re-elected and (2) the need to raise funds for increasingly important but hugely expensive elections. This is not a recipe for good governance, wisdom, reflective thinking, etc. It is a recipe for disaster. In our history, we have not had such a collection of hacks, wastrels, and dunderheads running things. Low IQ idiots like Biden and Pelosi, hacks like Schumer, Schiff, Nadler, cowards like McConnell. The only one exhibiting any resemblance to wisdom is Rand Paul. He learned well at his father's knees. Amazing and very, very sad. Our country is like a big child, a bully in a china shop, with crack addicts as parents. In other words, there is no telling what is possible. McGregor's views largely parallel mine.