Mother Nature has found her man – Joe Biden

[Bill Bonner’s Diary]( Mother Nature Has Found Her Man – Joe Biden By Bill Bonner Thursday, October 22, 2020 – Week 32 of the Quarantine Where has the horse gone? Where is the man? Where is the giver of treasure? Where are the seats at the feast? Where are the joys of the hall? Alas the bright goblet! Alas the mailed warrior! Alas the pride of princes! How the space of years has passed – it grows dark beneath the night-helm, as if it never was! – “The Wanderer,” author unknown [Bill Bonner] SAN MARTIN, ARGENTINA – We recently learned a new word. Actually, it’s a very old word: Enantiodromia. Naturally, the Greeks thought of it. As our colleague, Joel Bowman, tells it, it describes the “tension of opposites”… the rise and fall… the yin and yang… the first shall be last… Want to see it in action… in the flesh? Just look in the mirror. What was once young becomes old. People, companies, nations… all rise and fall. But great nations do not fall on their own. They are knocked down by people – leaders who are up to the task… right for the time… who are capable of kicking Humpty off the wall. Recommended Link [The Most Profitable Prediction of Jeff Brown’s Three-Decade Technology Career]( [image]( Last night, in a special broadcast, Silicon Valley insider Jeff Brown made what could be the most profitable prediction of his tech career. In short, he revealed the No. 1 tech investment of this decade. An opportunity experts say could grow 30,000%. (That’s over 100 times bigger than predictions for the entire cryptocurrency and biotech markets combined!) And Jeff guarantees he can show you the chance to double your money at least 10 times over the next couple of years. To prove it, in this video, Jeff reveals live on camera how you could use this opportunity to build a million-dollar portfolio from scratch… in today’s market… starting with just $1,000. And he reveals the name of his No. 1 “must buy” opportunity. [For a limited time, you can access the encore presentation here]( -- Feckless Catastrophe There are two sure ways to bring a nation down – war and inflation. By our reckoning, [the decline of the U.S. began at the end of the last century]( – in 1999. That is when the stock market – in terms of gold – hit its all-time high. It was also when America faced no significant enemies… when the U.S. federal budget was in surplus (allowing for a little funny accounting)… and when it was widely expected that the new technology – centered in the internet – would make us all smarter, richer, healthier, longer-lived… and happier. Alas, beginning in 2000, Mother Nature, with her glorious sense of mischief, wanted to take America down a peg. And she found the man to do it – George W. Bush. His “war against terror” was a fateful, feckless catastrophe. It will cost $7 trillion, say the professors at Brown University who bother to add it up. And it produced nothing but misery. [Do You Know About “Tech Royalty” Investing?]( National Disaster Then came the Obama team, whose contribution to national disaster was the Obamacare plan… which added unfunded liabilities estimated between $43 trillion and $87 trillion, depending on whom you believe. And finally, the Great Man himself, Donald Trump, arrived, wearing his steel-toed boots. In four years, he has added more to the nation’s debt than any previous president. He brought deficit spending to a peak never before seen in the USA. He made “helicopter money” – heretofore a joke – a reality. And he crushed conservativism out of the Republican Party. Now, Republicans are ready to spend, spend, spend, too. In the next go-round of giveaway money, for example, Donald Trump says he wants to “go bigger” even than the Democrats. How do you pay for all these extra boondoggles when you’re already spending $2 for every $1 you collect in taxes? You print the money. This formula – aka “inflation” – has [ruined countless countries](. The U.S. will not be the first or the last. Recommended Link [Can you spot the $35 billion secret hidden in this desert?]( [image]( Today, this desert is empty. But by tomorrow morning, some of the largest tech companies in America could swarm the place. What’s under this analyst’s feet is worth $35 billion to Silicon Valley. And one small company owns the rights. [See for yourself]( -- Decision Point And so… here we are, Dear Reader… at a decision point. [On Monday]( we set the stage: an election is coming up. [On Tuesday]( we brought forth our flawed hero, Donald J. Trump. [And on Wednesday]( we looked at how he had made an already dangerous, and probably fatal, situation worse. Today, we will look at the alternative – Joe Biden. Would a Biden presidency be “better?” And if so, how? Not wanting to keep you in suspense, our conclusion is this: If the goal of Mother Nature is enantiodromia – that is, cutting a great empire down to size – Biden is probably her man. His policy notions are even worse than those of Donald Trump. And his advisors and probable apparatchiks are more competent than those of the Big Man (for whom loyalty was more important than competence)… and therefore, perhaps, more likely to succeed in implementing his policies. (Competence is not always a benefit. If your 10-year-old tries to build a bomb in the basement, for example, you should be happy that he lacks the necessary skills.) [The One Big Threat You Face on November 3rd.]( No Choice Now on the downswing… In theory, the nation faces a choice. It could turn away from crackpot economics and divisive politics… balance its budget… recall its troops… and reenter the community of stable, civilized nations in a dignified and graceful way. Or… it could continue on the path set by Bush, Obama, and Trump. But in practice, there is no choice at all. Because the people who actually run the U.S. government – the Deep Staters – are not about to renounce the source of their pride, their prejudices, their reputations, their power… and their wealth. And in Joe Biden they have found their champion. He is no visionary… no intellectual… no ideologue. Instead, he is a go-along, get-along political hack. He went along with the war mongering of George Bush and Hillary Clinton. He went along with the Forever War… as it continued under Obama. He went along with Obama’s medical care extravaganza. A senator for 36 years… and vice president for eight, Joe Biden has gone along with practically every jackass program that saw the light of day. And he’s ready to go along with a whole new set of trillion-dollar bamboozles and boondoggles. What was refreshing about Donald Trump was that he was willing to say what others only thought, and resist popular fads. (He had his own crackpot ideas.) Biden, on the other hand, will get behind every politically correct, claptrap idea that comes down the pike. A Green New Deal? Sounds good! A universal basic income? Check. Higher taxes on the rich? Sure… Free college? Yep, it’s on the list. Reparations? Maybe. These things tend to have open-ended price tags. But the most recent estimate for the package Biden is campaigning on is about $6 trillion, guaranteeing deficits of trillions of dollars per year… Recommended Link ["Red Alert" Issued by Little-known Financial Agency]( [image]( Most Americans have never heard of a small federal agency called the OFR. It was quietly created in the wake of the 2008 financial crisis as a sort of "early detection system" for financial disasters. Since then, it has mostly been ignored by the media and politicians alike. But all that is about to change. Because this system just flashed a "red alert"… And one top-level analyst, with a history of exposing political and financial secrets… believes he knows the real reason why… [Click here for more info]( -- Enantiodromia, Here We Come! And check this out. Federal Reserve governor Lael Brainard has been mentioned as a possible Treasury Secretary in the new Democrat-led government. What does she think? She spoke out on Wednesday… possibly to raise her visibility: Further targeted fiscal support will be needed alongside accommodative monetary policy to turn this K-shaped recovery into a broad-based and inclusive recovery… Biden in the White House? Brainard at the Treasury? More fake money! More inflation! Whoopee! Enantiodromia, here we come! Election Preview But wait… Will Biden really win? And what will happen if he does? Will he actually be worse than Trump? Tune in tomorrow for the exciting – and surprising – conclusion to our Election Preview. Regards, [signature] Bill --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Mother Nature Has Found Her Man – Joe Biden). --------------------------------------------------------------- FEATURED READS [Bill Bonner’s Final Book]( readers know Bill has a better handle on the major shifts happening in our world than almost anyone. Many of the things he has written about in the last 40 years are now coming true – with astonishing speed. And now, you can read more of Bill’s thoughts in his final book, Win-Win or Lose. If you want to snag a free copy for yourself, [click here]( [A Unique Pair: Big Tech and Metals]( metals expert Dave Forest is stuck in Canada due to COVID-19. But he and his team of analysts are still on the hunt for little-known investment opportunities to help his readers grow their wealth. Their latest find brings Dave’s team to a remote desert… to explore an opportunity that combines metals and Silicon Valley’s Big Tech. If you want to learn more, [click here]( MAILBAG Mixed ideas from dear readers today regarding Wednesday’s missive, “[Road to Bankruptcy]( Bill, I would just like to say that I think your analysis of this whole situation is on point and I look forward to reading your Diary. Your writing style makes difficult topics easier to grasp. Don’t be dissuaded by the naysayers. I think you are dead-on in your analysis of Trump, as well as the Republican and the Democrat parties. Both parties have taken us on the wrong path. Most people instinctively know right from wrong. And the path we are on appears to me that it couldn’t be much more wrong, regardless of who is running this country. This also applies to the leadership of most other nations around the world as well. Keep the good writing and analysis coming. – Brian B. Bill, there is plenty of blame for this financial hemorrhage to go around. Laying ALL of this at Trump’s feet is quite uncharitable, when in fact, the Swampy Democrats and Never-Trumper Republicans are mostly to blame for debt-limit creep in 2017-2019. And Congress, Nancy Pelosi, and COVID-19 are to blame for the massive debt increase since then. Have you forgotten the budget battles/government shutdowns of 2018 already? – Phil J. Bill, When I first started reading your updates, I thought that you were partisan. But as I read more, I realize you are non-partisan. You are in support of your country. It’s unfortunate that when we say one negative thing about a policy, the derision pours in. What we should realize is whether you are a Democrat or Republican, we all want the same thing. which is a good education for our children, healthcare, affordable housing, and law and order. The question is how we get there. – Mort S. Meanwhile, others still come to Donald Trump’s defense after Tuesday’s Diary, “[An Impartial Review of Trump’s Record”…]( My word, Bill, do you have cataracts on your eyes? Trump accomplished more in his four-year term than Biden did in 47 years. How would you like to be hounded by the Left for four years while you as president were trying to drain the Swamp? – Donald B. I don’t understand what you mean by no wall. It is not brought to light the uphill battle Trump has had since day one? Anything he has tried was a fight, which no one before him has ever had to deal with to that degree. If he is not re-elected, I hope you enjoy socialism. – Brett I. Your retrospective, supposedly impartial essay is a disappointment. It’s obvious to me that you are anti-Trump. Had he parted the waters, you would have complained that you cut your feet on the sea shells that he neglected to pick up. I – as are many millions of others – am very satisfied with the progress that Trump has made and will enthusiastically vote for him again. I will continue to read your biased publication if only to reinforce my opposing beliefs. – Charles B. And finally, one dear reader is dismayed by both major party candidates… Excellent article. As in many of the past elections, I am having to choose the better of two bad candidates. I have no faith in either one of them. They are both incompetent, as are their running mates. Not bitter but continually disappointed. – Steve S. Do both major U.S. political parties actually want the same things, as Mort believes? Are you disappointed in the U.S. presidential tickets, as Steve is? Write us at feedback@rogueeconomics.com. IN CASE YOU MISSED IT… [WARNING: New Rule to Impact 1,200 Banks in America]( Please take one minute to [review this URGENT letter from the Office of the Comptroller of the Currency (OCC)](. The OCC is the agency that regulates about 1,200 banks in the U.S. And it just issued a letter announcing a major change to our banking system that could impact 234 million Americans. If you have any money in the bank… [Please click here right now and see how this could impact you.]( [image]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [Trading Basics: Two Building Blocks Every Trader MUST Know]( [image]( [An Insider's Guide to Making a Fortune from Small Tech Stocks]( [image]( [How You Can Start Profiting From Maganomics Today]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Share]( [FACEBOOK]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. 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