Submitted by Doug Casey via CaseyResearch.com,
As you know, I’ve been on record for a year saying that Trump will win. I still think so, despite the fact that every pundit in existence rails against him daily, spewing visceral hate. They call him a racist, which is actually a lie. Racism has become such a hot “no-go” topic that no one even dares discuss what it is—forget about its pros and cons. It will be the subject of a future End Note. They call Trump a sexist, which is another lie. I’ll cover sexism in the same essay. That will also provide an opportunity to discuss immigration (perhaps more accurately called migration) policy today.
The average middle-class, middle-aged American doesn’t give a damn about racism or sexism, however, because they basically only exist in the imaginations of the Politically Correct. But it doesn’t really matter any more what the average white male American thinks; he’s become the laughing stock of the rest of the world. He’s gone from being the King of the World to a bumbling, overweight, uneducated, bigoted, near-bankrupt parody of himself. What we once thought of as the “average guy” in the 40s, 50s, 60s, 70s, and even the 80s is on his way out. The PCs and the migrants have pretty well transformed the U.S.
Trump is the desperate “last hurrah” of the old order. An FYI: I don’t support Trump per se, even though, given the alternative, I hope he wins. It’s clear he has all kinds of dangerous authoritarian tendencies. And has all kinds of really silly economic notions. But the good news is that he may – to at least a degree – upset the Deep State’s apple cart, at least until he’s co-opted into the Deep State. No matter who wins, this election is going to be ugly. So try not to take it very seriously. Put the Stone’s “Street Fighting Man” on continuous loop instead of your TV’s regular audio, and enjoy. Before you rush to cancel your subscription, I hasten to add that, like any right-thinking person, I actively despise Hillary.
So what’s going to happen? The Deep State will do everything it can to keep things looking rosy for the next three months. The worse things get, the more likely the capite censi are to vote for Trump; the better things look, the better things are for Hillary. That may make Trumpistas closet Leninists. Lenin said, “The worse things get, the better they get.”
What more can the Deep State do? I used to think it was metaphysically impossible to have sub-zero interest rates, especially after creating trillions of new dollars. But it seems anything is possible in Bizzarro World.
I guess they’ll create trillions more dollars and use them to buy bonds, mortgages, and even stocks. So, despite stocks, bonds, and real estate being way overpriced, the smart money has to bet on things holding together until November. On the other hand, the average guy not just in the U.S., but around the world—as shown by Brexit in the U.K. and the surprise victory of Macri in Argentina—is mad as hell. We’re looking at a worldwide upset, not just one in the U.S.
And there are things out there, like the total and complete bankruptcy of the Italian banking system, where the Deep State is truly between a rock and a hard place. If they don’t bail it out, it could easily set off a deflationary collapse. If they do bail it out, then they’ll need to create hundreds of billions of new currency units just for Italy. Plus, more for banks in Germany, France, Spain, Portugal, and who knows where else.
Here’s the bottom line. We’re going into the trailing edge of the gigantic economic storm that broke in 2007. The Greater Depression is going to be nasty and long lasting even as technology moves us toward The Singularity. It makes sense to increase your physical holdings of gold and silver coins.
And hang on to your hat.
via http://ift.tt/2c2RQ6Y Tyler Durden