Are We Headed to Happy Destiny?

Is it safe to retire? Can I enjoy being passing my primary Journey of Purpose of the last 22 years as a bus driver? Only I hold the key to my trolleybus of Happy Destiny. Indeed, we each hold our own keys. Back in the day around the new century, I was a newly minted bus driver, full of a new promising career.

Something just doesn’t seem the same since the crackup tech boom, commonly referred to by San Franciscans as “The Dot-com-Bomb.” in late 1999 into 2000. This was jokingly overlaid with a meaningless headline of the Millennial Crisis where the notion was that computers would fail once the “odometer” rolled over to a new century in 2001, but in an incongruent thought memory complex– would happen in 2000.

Here we see with this graph above, shown on Steve Van Metre’s popular “Bond King” YouTube channel, with Dr. Lacy Hunt at Himco, the possible mathematical view of why we don’t seem to be as confident about jobs or productivity in the US.

Jerome Powell’s desire for a moderate inflation rate target of two (point two) percent is very easy to come by when viewing this chart. GDP for the US historically tracked a growth rate of 2.2 percent for many decades, and with inflation below this amount, things seemed fine. My personal reason is due to the five-to-one ratio of finance lobbyists to congressmen, and the fact that few graduates study engineering or shop related manufacturing and building trades for the golden calf of Wall Street salaries.

In this chart above, you can see the black line dip created by the GFC, the Global Financial Crisis. Things really haven’t been the same since, and the opportunity to make banks accountable was missed during the Obama presidency–the “Too Big to Fail CEO’s” as seen below.

They say one picture is worth one thousand words. How about this next one?

Do I really need to say anything else? The failure of these three Kings, to do their job, is now falling upon us soon. I do appreciated Ben’s recent honesty about what he was thinking during his tenure, but rather than tear down all their experience and knowledge at a public stoning arena, can we get back to an honest reset, perhaps with all the money that created the loss of our dollar as a world US reserve currency started in the mid-two thousands? We need to get honest real fast, or I am concerned our standard of living will collapse.

Kudos to Janet Yellen by trying to do her best. And I do think Jerome Powell may still go down in history as the best Fed Chief ever, for his miracle in keeping the glue together with what he inherited. He is a true genius with his ability to guide the nation in his calm manner of newspeak. So far so good.

We need do nothing. Our spiritual leaders quietly tell us we need to be gentle and helpful to all we meet in our daily path.

It looks like the world will bring us back to a gold pegged currency in the Yuan or Renimbi, and with the BRICS nations agreements of Brazil, Russia, India, China, and South Africa, the US will no longer be in charge of all trade. Indeed, Saudia Arabia and Iran lead the way to end the petrodollar.

Hopefully all the leveraged default, all CDO’s LBO’s EFT’s and futures trading on metals will be stopped. The original Glass-Steagall laws need be reinstated.

Unfortunately, Colonel Douglas MacGregor’s view is sobering: The only way he sees American’s standing up the the system is by collapse and a storming of the Bastille, so to speak. Watch this shocking video.

Were the Trumpster’s that far apart on January 6?