We know what’s coming and we are prepared.
🇬🇧🏦 Why Britain is on the verge of a cataclysmic financial crisis
If it came to pass, a market crash on the scale of 1987 would prove a cataclysmic political and economic event. It would send interest rates soaring, increasing costs for mortgage holders and for highly indebted companies, especially in the property sector. Business would fail and pension funds would be hard.
Perhaps most importantly of all, the already-high cost of servicing national debts would climb even higher. It would force profligate politicians to finally face up to the consequences of their wild spending.
There is plenty about the financial markets over the last few weeks that looks very similar to the late 1980s. There is, however, an important difference. Policy makers still had fiscal room to respond to the crash of Black Monday. After two decades of easy money, and constant buffering of the markets with quantitative easing to prevent a crash, that no longer exists.
đź“Ž Telegraph
⚖️ 🇺🇸 🏛 He Who Decides the Exception: Trump Should Disregard the Supreme Court’s National Guard Ruling
⬛️ Judicial overreach mustn’t be permitted to trample the public necessity.
🔶️ The Supreme Court has again reminded the country that, in the American system, the judiciary can halt executive action with the stroke of a pen—this time keeping in place a lower-court order blocking President Trump’s attempt to federalize and deploy National Guard forces to protect besieged immigration enforcement operations in and around Chicago.
🔶️ The point was that a republic cannot outsource its highest political judgments to a tribunal without hollowing out self-government. Put those threads together—Cicero’s salus populi, Aquinas’ equity, Locke’s prerogative, Hamilton’s executive energy, Jefferson’s coordinate construction, Jackson’s independence, Lincoln’s warning—and you get a tradition that modern progressives and libertarians alike often deny ...
This is no longer a red-versus-blue spectator sport or partisan cheerleading exercise. The macro reality is brutally apolitical. The United States is functionally bankrupt, as Ron Paul has warned for decades, and the evidence is now manifesting in collapsing purchasing power. The price of acquiring real money—gold and silver—has surged roughly 200% in just two years, a silent tax that represents systemic looting via monetary debasement. We are drifting toward a sovereign debt crisis unprecedented in the entire history of fiat currency regimes. Even conservative frameworks, like Jim Rickards’ back-of-the-napkin gold revaluation tied to balance-sheet realities, imply a potential trajectory toward $27,000 per ounce. You don’t need to be a “gold bug” to recognize risk management: allocating even 10% of depreciating Federal Reserve notes into real money is simple capital preservation. It’s not about upside speculation—it’s about avoiding total annihilation if real money ...
