Going to be fairly warm down here in Atlanta.
I plan on getting in a few mountain biking miles with my oldest and maybe some trail time practicing bushcraft like skills. There is PT in everything this time of year in the south. It becomes an endurance challenge for simple excursions – especially with little girls.
Look out for Greece & Spain before Sunday is out. It won’t be the end of the EU or Euro, but more of a weather vane of the next two quarters.
I had thought about commenting on yesterday’s amnesty announcement, and then I read this here at the Belmont Club via CA. Like CA says, the comments are indeed priceless. Though, this latest vote buying move may be for naught if Vox’s prediction comes true. I’m not sure if I buy that. There doesn’t seem to be enough momentum in the political sphere to accomplish something so drastic this close to the election. I do however, personally believe, that despite anything the republicans (in name only) throw out there, President Urkle will be reelected despite actual vote count…
Via Vox Day:
“Republicans apparently really, really, like their central banks and foreign wars.”
It gets more surreal every day.
I’ll be honest here. I reside in a place where LEO’s (for the most part) are scared excrementless of the population. The local constabulary knows not to mess with us regardless of what the feds say.
I saw a 2012 Lamborghini Aventador yesterday on my drive home. Had the hand written temp tag. Truly a rolling work of 700BHP art.
However, it appears as if the main event over in the Eurozone is about to get started.
This is a very big deal. One year ago, the Italian 2-year was at 2.010 and the 10-year was at 3.924 The Italian 2-year is now rapidly approaching where the Portuguese 10-year was one year ago. What this indicates is that the end of the Euro and the end of the EU in its present form will likely take place within one year. Greece and Ireland were sideshows. Italy is the main event.
I would agree with the above statement. This is why my travel plans within CONUS (& especially outside CONUS) have been put on indefinite hold.
Vox Day on the EU and the coming collapse:
I get the feeling that the politicians are desperately trying to play musical chairs, hoping that the collapse occurs on the other side of the Atlantic first. History being a perverse little bitch, this naturally tends to suggest that it is going to start in Asia.
Still no long distance travel for me until after Christmas, and then, maybe an extension of my paranoia. China is in huge financial trouble at the moment. That is a flaming nun filled school bus of death. Once they go, the idea of civil unrest will have the bar raised. China is a land being controlled today by the same Mandarins that have been in power for over a 1000 years, only now in a different form. That country is barely held together by a mix of radical prosperity and disparity of living standards, abject fear, and military might.
Interesting times indeed.
The nation’s economy is not growing. There is now a near-complete disconnect between the map and the territory. The debt-deflation monster has barely begun to tear apart the economy and already the BEA has devolved into a bizarre Orwellian MinEcon. This was inevitable, given the way Keynesians turned “animal spirits”, or as they are now known, “consumer confidence” into a fetish that articulated a concept of lying one’s way into prosperity.
No doubt future generations will look on the period from 1950 to 2010 as an age lost to deception, where growth was believed to be the result of debt and deceit, national prosperity the result of outsourcing jobs, and industrial growth through free trade. The observable fact is that there is another word for a “service economy” and that is “an unproductive economy with high unemployment”.
Once you realize that there is no spoon, you can go on and prosper.
Vox Day puts this quite succinctly.
You simply cannot expect to maintain civilization by giving barbarians responsibility for upholding their share of the social fabric. As the social scientists have discovered, much to their chagrin, the more diverse a community becomes, the less contact people wish to have outside of their race and ethnicity. This is not hard to understand, given incidents like these.
…and as an aside…
Where are the men? The only protest was from an elderly woman. I weep for the