Widesprwad poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei (32% say it's higher). 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food security are in a worst state than before Milei.
His support base is the ultra-rich and men over 60.
I AM ALMOST ALWAYS ON THE SAME PAGE WITH BOTH OF YOU. PERHAPS THIS IS TRUE BECAUSE I AM ONLY A LITTLE OLDER THAN DOUG, AND ALSO, DOUG AND I HAVE TAGGED MANY OF THE SAME BASES AS WE JOURNEYED THROUGH LIFE.
RE SOCIAL SECURITY:
WE ARE ON THE SAME PAGE. BUT WITH REGARD TO SOCIAL SECURITY AND MANY OTHER THINGS, WE NEED TO WIND BACK THE CLOCK (WBTC).
WE CAN PLAY THE "WBTC" GAME WITH DOZENS OF THINGS. IT WOULD BE WONDERFUL IF WE COULD PLAY JAVIER MILEI'S CHAINSAW GAME, BUT YOU, AND ALMOST ALL YOUR READERS KNOW WHY WE ARE NOT ABLE TO DO THAT IN THE UNITED STATES.
YES, MANY ENTITLEMENTS NEED TO BE UNWOUND --- MEDICARE, FOOD STAMPS, MEDICAID, RENT SUBSIDIES, FREE MONEY FOR ALL, ETC. ETC. ETC. AS DOUG NOTED IN THE PODCAST, MANY PEOPLE ARE NOW DEPENDANT ON THESE PROGRAMS AND THEY CAN'T JUST BE TURNED OFF LIKE A LIGHTSWITCH. (SEE JEFF THOMAS'S ESSAY ON "TRAPPING WILD PIGS".
WE MUST WBTC, JUST LIKE AN OLD STYLE WIND UP CLOCK WHICH YOU WOULD WIND BACK BY TURNING THE KNOB ON THE BACK 1 TURN, 2 TURNS, 3 TURNS, 4 TURNS, ETC. TO GET BACK TO WHERE YOU NEED TO BE.
WE NEED TO GET WAAAAAAYYYY BACK. BUT, THAT WILL TAKE YEARS. ALL THE MORE REASON WE NEED TO START THE REWINDING NOW.
PERHAPS, DONALD TRUMP CAN AND WILL BEGIN THE WBTC ON MANY PROGRAMS.
PRESIDENT TRUMP IS A VERY, VERY, VERY DIFFERENT PERSON FROM THE MAN WHO WAS PRESIDENT FOUR TO EIGHT YEARS AGO. HAVING A BULLET WHIZ BY YOUR HEAD CLOSE ENOUGH TO KNICK AN EAR HAS TO BE EXPERIENCED AS NIGH ON TO MIRACLE. COMING THAT CLOSE TO DEATH CREATES A NEW MAN. IT IS A REBIRTH--AN EPIPHANY.
I BELIEVE THAT DONALD TRUMP, WITH THE ASSISTANCE OF ENLIGHTENED PERSONS, WILL BEGIN THE ABSOLUTELY ESSENTIAL WBTC GAME FOR THE USA.
Widesprwad poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei (32% say it's higher). 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food supply & safety are in a worst state then before Milei.
Widesprwad poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei (32% say it's higher). 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food security are in a worst state than before Milei.
Another excellent episode. I enjoyed the tale of Doug and Desi Baderseh. It seems like it was quite the adventure. I also love Doug's refusal to subscribe to the PC madness of the day. It's refreshing. Plenty of insights discussed as usual, many of which the government ought to consider. I agree with you all on the potential economic boom in the US, IF deregulation is allowed to proceed. Numerous pertinent topics covered as usual. Keep up the good work Doug & Matt 👍 I'm considering upgrading my Crisis Investing membership. I'm a current member of Contrarian Insider with Doug & David Stockman.
Widespread poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei. 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food security are in a worst state than before Milei.
His support base is the ultra-rich and men over 60.
I, LIAM OF LIAM'S LADDER, RECOMMENBD "CRISIS INVESTING". ESPECIALLY NOW IN THIS PART OF THE NATURAL RESOURCE CYCLE. IF YOU HAVE A LITTLE MONEY TO PRUDENTLY SPECULATE, THERE IS MONEY TO BE MADE. THE MAJOR PORTION OF MY PRUDENCE, IS TO SEEK THE ADVICE OF FOLK LIKE DOUG AND LAU VEGYS. RICK RULE MARIN, KATUSA, AND STEVE BARTON ARE ALSO REGULARS FOR ME IN THE NAT RES SECTOR. IT IS MY FEELING THAT LITHIUM HAS BOTTOMED---UNTIL WE GET THE '29 STYLE BUST. GOOD LUCK TO ALL. SINCERELY, LIAM
Here's the reality of life in Argentina after a year of Milei's merciless chainsaw: https://www.aljazeera.com/news/longform/2024/12/7/a-year-into-javier-mileis-presidency-argentinas-poverty-hits-a-new-high
Widesprwad poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei (32% say it's higher). 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food security are in a worst state than before Milei.
His support base is the ultra-rich and men over 60.
PLEASE FORGIVE CAPS -- ALMOST BLIND
DEAR DOUG AND MATT,
I AM ALMOST ALWAYS ON THE SAME PAGE WITH BOTH OF YOU. PERHAPS THIS IS TRUE BECAUSE I AM ONLY A LITTLE OLDER THAN DOUG, AND ALSO, DOUG AND I HAVE TAGGED MANY OF THE SAME BASES AS WE JOURNEYED THROUGH LIFE.
RE SOCIAL SECURITY:
WE ARE ON THE SAME PAGE. BUT WITH REGARD TO SOCIAL SECURITY AND MANY OTHER THINGS, WE NEED TO WIND BACK THE CLOCK (WBTC).
WE CAN PLAY THE "WBTC" GAME WITH DOZENS OF THINGS. IT WOULD BE WONDERFUL IF WE COULD PLAY JAVIER MILEI'S CHAINSAW GAME, BUT YOU, AND ALMOST ALL YOUR READERS KNOW WHY WE ARE NOT ABLE TO DO THAT IN THE UNITED STATES.
YES, MANY ENTITLEMENTS NEED TO BE UNWOUND --- MEDICARE, FOOD STAMPS, MEDICAID, RENT SUBSIDIES, FREE MONEY FOR ALL, ETC. ETC. ETC. AS DOUG NOTED IN THE PODCAST, MANY PEOPLE ARE NOW DEPENDANT ON THESE PROGRAMS AND THEY CAN'T JUST BE TURNED OFF LIKE A LIGHTSWITCH. (SEE JEFF THOMAS'S ESSAY ON "TRAPPING WILD PIGS".
WE MUST WBTC, JUST LIKE AN OLD STYLE WIND UP CLOCK WHICH YOU WOULD WIND BACK BY TURNING THE KNOB ON THE BACK 1 TURN, 2 TURNS, 3 TURNS, 4 TURNS, ETC. TO GET BACK TO WHERE YOU NEED TO BE.
WE NEED TO GET WAAAAAAYYYY BACK. BUT, THAT WILL TAKE YEARS. ALL THE MORE REASON WE NEED TO START THE REWINDING NOW.
PERHAPS, DONALD TRUMP CAN AND WILL BEGIN THE WBTC ON MANY PROGRAMS.
PRESIDENT TRUMP IS A VERY, VERY, VERY DIFFERENT PERSON FROM THE MAN WHO WAS PRESIDENT FOUR TO EIGHT YEARS AGO. HAVING A BULLET WHIZ BY YOUR HEAD CLOSE ENOUGH TO KNICK AN EAR HAS TO BE EXPERIENCED AS NIGH ON TO MIRACLE. COMING THAT CLOSE TO DEATH CREATES A NEW MAN. IT IS A REBIRTH--AN EPIPHANY.
I BELIEVE THAT DONALD TRUMP, WITH THE ASSISTANCE OF ENLIGHTENED PERSONS, WILL BEGIN THE ABSOLUTELY ESSENTIAL WBTC GAME FOR THE USA.
KEEP THAT FAITH.
SINCERELY,
LIAM OF LIAM'S LADDER
TYPED BY HIS ASSISTANT, SEBASTIAN
Here's the reality of life in Argentina after a year of Milei's merciless chainsaw: https://www.aljazeera.com/news/longform/2024/12/7/a-year-into-javier-mileis-presidency-argentinas-poverty-hits-a-new-high
Widesprwad poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei (32% say it's higher). 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food supply & safety are in a worst state then before Milei.
His support base is the ultra-rich
In my opinion, political correctness is always worthy of ridicule.
Here's the reality of life in Argentina after a year of Milei's merciless chainsaw: https://www.aljazeera.com/news/longform/2024/12/7/a-year-into-javier-mileis-presidency-argentinas-poverty-hits-a-new-high
Widesprwad poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei (32% say it's higher). 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food security are in a worst state than before Milei.
His support base is the ultra-rich.
Another excellent episode. I enjoyed the tale of Doug and Desi Baderseh. It seems like it was quite the adventure. I also love Doug's refusal to subscribe to the PC madness of the day. It's refreshing. Plenty of insights discussed as usual, many of which the government ought to consider. I agree with you all on the potential economic boom in the US, IF deregulation is allowed to proceed. Numerous pertinent topics covered as usual. Keep up the good work Doug & Matt 👍 I'm considering upgrading my Crisis Investing membership. I'm a current member of Contrarian Insider with Doug & David Stockman.
Here's the reality of life in Argentina after a year of Milei's merciless chainsaw: https://www.aljazeera.com/news/longform/2024/12/7/a-year-into-javier-mileis-presidency-argentinas-poverty-hits-a-new-high
Widespread poverty. Currently at 53% of the population (was 25% before Milei took office). Homelessness and hunger exploding. Misery for the majority, bonanza for the ultra-rich.
65% say their income is much lower than before Milei. 64% say economy and quality of life is much lower than before Milei. 63-65% say education, transport, food security are in a worst state than before Milei.
His support base is the ultra-rich and men over 60.
I, LIAM OF LIAM'S LADDER, RECOMMENBD "CRISIS INVESTING". ESPECIALLY NOW IN THIS PART OF THE NATURAL RESOURCE CYCLE. IF YOU HAVE A LITTLE MONEY TO PRUDENTLY SPECULATE, THERE IS MONEY TO BE MADE. THE MAJOR PORTION OF MY PRUDENCE, IS TO SEEK THE ADVICE OF FOLK LIKE DOUG AND LAU VEGYS. RICK RULE MARIN, KATUSA, AND STEVE BARTON ARE ALSO REGULARS FOR ME IN THE NAT RES SECTOR. IT IS MY FEELING THAT LITHIUM HAS BOTTOMED---UNTIL WE GET THE '29 STYLE BUST. GOOD LUCK TO ALL. SINCERELY, LIAM