Delete the Ruling Class

Back in early 2020, I along with other traders were looking for a correction. Some thought maybe a top was underway (recall the Fed started repo in September 2019 to save the markets), while others thought a pullback would be followed by a melt-up into new highs. Coronavirus buried this reality. Here we are again in 2022 with traders debating a major correction versus the start of a bear market. The economy is in shambles thanks to government policy. Many governments are very unpopular, including as USG. Other governments are probably one bad event, like a police shooting, away from going up in flames. Would anyone be shocked if angry mobs rushed into parliament somewhere and beat lockdown politicians to a pulp? I would not be. Inflation is taking off because the central banks chose to pump a huge speculative bubble. Central banks cannot print supply, but they can pump demand. Governments didn't want their psychotic and destructive lockdown to cause a recession, so instead the Federal Reserve and other central banks have cornered them into a deflationary or inflationary collapse. The Federal Reserve will have to sacrifice the stock market to save the bond market if events go inflationary, or the stock market is going to get hammered as the global buzz wears off and turns into a bigger hangover than 2011, 2014-2016, 2018 and maybe even 2020.

So. Russia Russia Russia!

ZH: Psaki Says Russia Attack On Ukraine Coming "At Any Point"; US Sanctions 'Pro-Russian Agents'

Crucially, Blinken will from there go to Geneva where he's agreed to meet Russia's foreign minister Sergey Lavrov. He's expected to demand that Russia "take immediate steps to de-escalate," according to Psaki's briefing.

Russia has lately confirmed it has a build-up of forces within its territory near Ukraine, but hasn't disclosed how many troops, after Kiev and Washington have commonly accused the Kremlin of having at least 100,000 troops there in preparation for a Ukraine invasion, something the Russians have vehemently and consistently denied.

There's a big problem in America. The Baizuo ruling class is incompetent. They have accumulated enough power such that their destructive policies are laying waste to formerly great cities such as San Francisco, Los Angeles, New York and Chicago. The national economy is in decline, inflation is taking off. Events are starting to spiral out of their control because they are in over their heads. False ideologies cannot handle harsh reality unless they are themselves harsh, but theirs is an ideology of the cuddle puddle, born in a time of wealth and abundance, when the hard choice is what color to paint the room and endless debates about pronouns are possible. When hard times hit, the whole ideology gets defenestrated, sometimes along with its adherents.

And so now we're being sold a Russian boogeyman to distract from their failures. From their crimes against humanity. The lockdowns, deadly vaccines, hare brained energy policy, offshoring of the economy, murder of citizens by the police under their command, pumping children with hormone blockers and mutilating their genitals, their sedition against the elected president, their criminal use of law enforcement and intelligence agencies, the list of their crimes is long. And everything is about to blow up in their faces.

You can do as they tell you. Put on your mask, take your vaccine, blame Russia for causing the economic calamity about to unfold and maybe go along with their distractive war with Russia and China and probably Iran and everyone else with a score to settle, that will result in the destruction of what remains of America. Or you can place the blame solely where it belongs: with the illegitimate ruling class in America.