I see what you did there…haha.
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Of course, the longer the destruction goes on the more opportunities for corporations to make profits on: 1) supplying the needed weapons, and 2) the eventual reconstruction of damaged areas. Also, it buys time and possibly provides leverage for energy and finance contract renegotiations that will better reflect the coming multipolar world.
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I find it’s more useful to do stuff you need anyway.
Also, not needing to cash in my “insurance policy” is a good thing. I bought term life insurance for my wife, not because I want to use it.
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I think you guys have it wrong. The truth is exactly the opposite. They will crash the bond market to keep the stock market alive.
The world has been selling US Treasuries hand over fist. Nothing has been happening as it used to because the FED has been doing all the buying. The USD has been worth nothing since the last 2-percent of the dollar went to zero after the 2008-09 Great Financial Crisis (GFC) and Crash in 2010. When bonds become worth nothing (of consequence) then the interest on the national debt will be meaningless. This is why everything has been happening all at once, and all of it bad.
It’s like the SpaceX IPO. Musk is a government man. Everybody overlooks that. Normalcy Bias and all that. SpaceX is a government program. Musk would be worth nothing without all those government contracts. The IPO is the government (a snake oil salesman), selling stakes in 70-year-old technology.
Taken together, what is happening is like watching the death of Social Security, Medicare, and Medicaid. The government lies about the COLA, setting the interest rate at 2.5-percent and then raise monthly Medicare premiums almost 10-percent – from $185.00 to $203.00. The government garnishes you Social Security every month. Eventually, you bankrupt people’s ability to pay premiums at the same time you deplete their saving below the threshold of living anywhere but on the street.
Nobody survives long out of doors – either homeless on the street or alive on Mars. Both have no way of getting back indoors, of putting a roof over their heads.
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I just don’t see how allowing the bond market to crash benefits the government? If the stock market crashes it impoverishes individuals and retirement accounts. Keeping the bond market alive keeps the big institutions happy. They will protect the institutions before they protect the little guy, IMO.
That’s the right attitude, I believe. For 19 years in the police department I wore a Kevlar vest every single day no matter how hot or uncomfortable. I am NOT tired, frustrated or demoralized because nobody shot me! I’ve also been carrying a handgun for self defense since 1988, first as a civilian and later as a police officer on duty and off. I’ve only fired it on the street two times, but on those occasions I REALLY, REALLY needed it. I don’t regret all the other days I didn’t need it at all or only needed it to deter an attack that was about to occur.
So, I have NO PROBLEM training and equipping for bad outcomes that might never come. In fact, I’ve built my life on the hope that the bad outcomes never come. It takes balance to be equipped, trained and ready while at the same time living life fully and enjoying it today. The extremes are what ruin people’s lives: totally unprepared versus desperate for the bad outcomes so your life will meaningful.
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