David Stockman and Michael Oliver return. Dr. Ewan Webster visits for the first time. Vladimir Lenin said, “The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” The Biden administration, which is allied with the World Economic Forum whose leader said of the masses, “They will own nothing and they will be happy,” is doing a masterful job of grinding America’s bourgeoisie between the millstones of taxation and inflation. The Federal Reserve was initially orchestrated to ensure that the losses of J.P. Morgan and other robber barons of the early 1900s would be socialized while they continued to privatize their profits. We saw the confiscation of wealth from the middle class replayed again in 2008 with bank bailouts. Now in 2023 we are witnessing it once again, but this time with the prospects of ending virtually all economic freedom and individual responsibility as left leaning politicians are suggesting guaranteeing all bank deposits. Recently it appeared on the Bloomberg website an essay titled, “Do we need more than one bank?” The idea is simply to let the Federal Government become our bank and put an end to what’s left of the free market capitalism. Not only that, but political power can be totally controlled by instituting social scores through the government’s own digital currency just as the Chinese Communist party is already exercising. We ask David what he thinks the odds are of America avoiding a form of cultural/economic Marxism mixed in with a perpetual state of global warfare. Michael updates us on what his momentum and structural models are telling him about key markets. And Dr. Webster shares the latest news of Thesis Gold as well as the company’s exploration plans for 2023. |