We know what’s coming and we are prepared.
Economics by Wes.....
Imagine you wanted to buy things online and websites only accepted paypal. You didn't mind at first but then paypal started taking 2% more of your money each year. If they found out you did something they didn't like, they would suspend your ability to conduct any transactions. But you have to use them because all the websites you order things from only take paypal. Paypal knows this too and locked in the merchants with a 50 year agreement. Then they start taking 20% of your transactions as fees every year instead of the old 2%.
This really sucks but they are the only game in town..... Imagine what would happen if all the merchants started accepting Visa and Mastercard. All the people who hated paypal's fees and arbitrary lockout rules would cash out their paypal balance and GTFO and run to MasterCard.
Friends this is what just happened in the world last night. In 1974 the US entered into an agreement with Saudi to sell oil only in dollars for 50 years. Along the way, the US has continued to print money and devalue the dollars held in other nation's vaults for international trade. The US has imposed sanctions on countries we didn't like by locking them out of the SWIFT payment system. The EU did the same to Russia two junes ago. Russia needed to make a payment of $40M to the EU but the EU had frozen their bank account.... the money was there, the bank would not process the transaction. These sorts of stunts have made other countries hate having to deal in US dollars (ie paypal). The first alternative that comes along will have everyone jumping to it.
Presently there are about 40 nations involved in BRICS. Their combined GDP is greater than the G7 nations. Those nations no longer have to use USD and you can bet they will be cashing out of dollars.
I'm telling you this because you need to buy the things you think you will need in the furture TODAY. You will look back on this month in the next year and see an inflexion point in the chart of inflation.
How many of you hesitated to buy 9mm when it was 18c a round? Boy you'd love 18c 9mm right now wouldn't you? Boy you'd love 25c 5.56 right now wouldn't you? Don't get a year down the road and wish you'd bought a tiller or solar, or a generator.... or a spare water pump. Trust me you will look back on today and wish you had bought something.
Police in Winona Minnesota are stunned after every single one of their Flock cameras were suddenly removed in a single night.
According to the police department, all 8 of the town's cameras were cut down and hauled away.
Police are asking for the public's help to identify the individual, but the public has been responding with comments such as:
"The Flock cameras tore themselves down"
"Whoever did it, was fishing with me"
"Whoever it was, was at Bible study with me"
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Nearly 20,000 people are publicly vouching for a man accused of cutting down Flock cameras in a small West Virginia town.
People commented:
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"He was saving my neighbor's dog from a fire all day, couldn't be him."
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"This man is innocent. I saw him serving at a soup kitchen."
-"Couldn't be him. He was helping me replace the roof on a homeless shelter."
The man, Wesley Jackson, has pleaded Not Guilty.
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US diesel crack surpasses $100 a barrel for the first time on supply disruptions
... and the supply of refined fuels is already nearly exhausted. A hard landing is visible ahead, for farmers, for trucking, and ... well, for everything that requires food (people) and energy (the entire economy).
These are very likely the final days of relative normalcy during which to prepare. Get ready.
🌾 🌍 🚜 JPMorgan warns a massive global food supply crisis could begin next year as fertilizer shortages tighten agricultural supply.
JPMorgan is the latest institutional research desk to warn that the next global food crisis may already be taking shape, driven by what its analysts describe as the "Five Ws": War, Weather, Warehousing, Water, and Waste.
In a new report titled Food Security Is National Security: A Compounding Storm, a team led by London-based senior global economist Nora Szentivanyi warned that disruptions around the Strait of Hormuz and the emergence of a potentially historic El Niño could weaken crop yields, constrain agricultural production, and keep food inflation elevated through the first half of 2027.
"Successive shocks since COVID have compounded, eroding food production capacity and keeping food price pressures elevated into 2027," Szentivanyi said, warning that "this is not a short-lived shock; it has reduced the likelihood of near-term disinflation, and the food ...
