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2021 outlook is poor, IMO

Today, the electoral college will select Joe Biden to be the next President of the United States after an obviously tampered with election, signaling an end to democratic elections in this country. Half the nation either supports this or doesn’t care. 

Eight and a half years ago, I posted that the US was running out of money and would become eventually insolvent and ungovernable. In fact, I have been saying for over a decade that the USA cannot exist forever at our rate of spending. For the fiscal year ending October of 2020, the United States’ Federal government borrowed $4.2 trillion. FY 2019 saw the US borrowing $1.2 Trillion. FY2018 $1.3 trillion. FY2017 $700 billion. The sudden acceleration is a sign that hyperinflation is coming. 

More than half of the population of the US is currently locked in their homes, and has been for more than 8 months. 

All of this is being blamed on COVID. 

In either case, that which cannot last forever will not last forever. No matter what 2021 brings us, no one can deny that 2020 was an interesting year in the Chinese proverbial sense. 

I don’t think 2021 will be any better. In fact, I think that things will be much, much worse. 

One reply on “2021 outlook is poor, IMO”

I don't recall if you've mentioned the World Economic Forum's Great Reset program to transform the world's systems to something they like. It means replacing the dollar as the world's standard currency. Which is step 1 in crashing the dollar and the country.

They plan a type of crony socialism where some few (in particular, them) can make profits and become enormously wealthy. You and I on the other hand, are condemned to their poster, "you will own nothing and you will be happy." This is because of Covid and climate change (and other reasons).

I think the meeting to kick it off is in January.

BTW, for those who think this is a crazy conspiracy theory, they openly talk about it on their web pages.
https://www.weforum.org/agenda/2020/06/now-is-the-time-for-a-great-reset/

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