Grotesque shape of things to come

[Bill Bonner’s Diary]( Grotesque Shape of Things to Come By Bill Bonner Tuesday, July 6, 2021 [Bill Bonner] YOUGHAL, IRELAND – The Sunday papers raised the alarm about “Global Climate Change.” Apparently, people are sweltering almost everywhere – from Dubai to Canada. The newspapers showed frightening maps, with most of the Northern Hemisphere – like Hell itself – colored bright red. Some columnists claimed that large parts of the Earth could soon be uninhabitable if action weren’t taken. Others were confident that we could turn down the world’s thermostat, if we just put our minds to it; that is, if we got behind the elite’s program for climate regulation. “The Ecological and Solidarity Transition,” the French call it. “The Green New Deal,” is how they’re describing it in the U.S. Recommended Link [Watch This Urgent Broadcast From Tech Expert Jeff Brown]( [image]( Jeff’s research firm has impressive credentials. It accurately predicted: - Black Monday in 1987… - The EXACT PEAK of the dot-com boom… - The housing crisis… - The crypto crash… - And the pullback in the stock market last year… And now, he is issuing THEIR NEXT MAJOR PREDICTION, Including his #1 play in biotech, 5G, cloud computing, and AI. There is little time to prepare. Please watch this urgent broadcast today. [Click Here to Watch Now.]( -- Liberation But here in Ireland, it’s hard to get too worked up about the heat. July the 4th was much like every other summer day – with the temperature in the 60s and showers that made it seem even cooler. On the apocalypse maps, Ireland was light green. Almost every family in Ireland has relatives – often very distant – in America. The 4th of July holiday is well known. Even our minister mentioned it in his sermon at mass on Sunday. “This is America’s Independence Day,” he began, “the day they celebrate their liberation from Britain. And, of course, we got the message on this side of the Atlantic, too, that we could liberate Ireland from Britain. It took another 146 years. “And yes, we can liberate ourselves from a government. We can change the people who rule us – either by force of arms or simply by voting for a different candidate. “But we can’t change who we are… or the fundamental rules by which we live. Those rules were never voted on… and never fought over. You can deny them. You can ignore them. But you can’t liberate yourself from them. They are part of who we are… and what we are.” [Featured: Shameful! See What Biden and the Democrats Just Did To YOUR Money]( You can ignore the laws of economics, he might have added. But you can’t ignore the consequences of ignoring them. You can “print” all the money you want, for example. You can manipulate prices. You can run trillion-dollar deficits. You can pay people for not working… and keep [zombie businesses]( alive with “stimmy” money. Recommended Link [Tiny Company Unveils the “5G Master Key”]( [image]( 5G investments topped $1.2 trillion. It was supposed to be a major upgrade from the current network. Then BAM! As networks tested their new 5G systems… a glitch crippled it. That’s why they’re after what one man calls the “5G Master Key.” It’s owned by one tiny company… And he believes it’s the biggest tech story for 2021. [See details here.]( -- Elite Thinking The elite of a society are supposed to think about these things. About the future. About consequences. About the lessons of the past. About the electric bill, when you leave the lights on… and about what happens when you give a trucker the finger or spend all your money on lottery tickets. The proles may exercise their muscles… toting that barge and lifting that bale… But the 10% should use their brains. They should be rational… aware of history. They are supposed to lead, not follow. They are supposed to remember dangers and help the society avoid them. They should calm the mob… and throw cold water on irrational exuberance. They are supposed to do good, not just do well for themselves. They are supposed to think about consequences. [Featured: Have a Visa or Mastercard? Get Ready To Shred Them!]( Abuse of Power What amazes us is how little real thinking the thinkers do. In ancient Ireland, the Brehon Law established that there were five classes of people. The elites were kings and nobles, but included free people with property… and the thinkers. The “ollambh,” or ollave, were the highest class of thinkers… the “professors.” A “shanachie”’ was a professor of history. He was supposed to know consequences… and make sure the kings remembered them, too. Patrick Weston Joyce’s A Smaller Social History of Ancient Ireland, explains: As a Shanachie or Historian, the ollave was understood to be specially learned in History, Chronology, Antiquities, and Genealogies of Ireland… He should know by heart 350 Historical and Romantic Stories. He was supposed to know the prerogatives, rights, duties, restrictions, tributes, etc. of the king of Ireland and of the provincial kings. As a learned man, he was expected to answer reasonable questions and explain difficulties. Once admitted to the coveted ranks, the guerdon was splendid; for he was highly honoured, had many privileges and received princely rewards and presents. Mr. Joyce then seems to have described the arc of life for all elites… But as might be expected, they often abused their position and privileges by unreasonable demands, so that many of them, while admired for their learning, came to be feared and hated for their arrogance. Recommended Link [Welcome to an empire of debt]( [image]( Our credit system is currently sitting at $68 trillion. It’s the largest debt ceiling in the history of the world – in fact, it’s more than twice the value of every single home in America put together. It’s the most crucial part of our economy. And despite stagnant wages and rising costs, America still appears to be getting richer and richer (at least on paper). And there’s the problem… This massive credit system is about to collapse. But this system has a dark secret about where they’re going to get money to pay off this massive debt. This will affect EVERY American citizen! [Click here before it’s too late]( -- Power Corrupts What every group wants is more power… more status… and more wealth. An elite has power. Left unchecked, power corrupts it. It becomes arrogant. Then, it is very hard to resist using the government to get what it wants. That is the story, grosso modo, that we follow every day – in which America’s elite, funded by fake money, has become [corrupt, incompetent, and self-serving](. Instead of helping us remember the lessons of the past, it wants us to forget… and to believe that the ancient laws no longer apply. The elite has stopped thinking, in other words. More proof tomorrow… Regards, [signature] Bill --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Grotesque shape of things to come). --------------------------------------------------------------- FEATURED READS [The 2021 U.S. Deficit Is Expected to Hit $3 Trillion]( year’s “budget shortfall” will reach $3 trillion, as a result of the U.S. government’s stimulus measures that were supposed to mitigate economic impacts of COVID-19. Aside from 2020’s deficit, this is the country’s highest since 1945… [One Way to Protect Your Wealth From Inflation]( at Rogue Economics, we’re talking about inflation and offering you ways to protect your money. Today, we turn to Casey Research analyst Andrey Dashkov, who says gold is your best bet… MAILBAG Strong words for Bill’s “crypto-hating dear readers”… while another dear reader refers to his “[Greater Fool Theory]( and cryptocurrencies … When the first personal computer came out in the ’80s, I dismissed it as a glorified typewriter, nothing more. Now, they control virtually every aspect of our lives, and most people can’t do without them (a smart phone is a computer, for those technological illiterates). When “online shopping” first appeared (Amazon hadn’t been born, yet), I laughed because only a fool would buy something without being able to touch and hold it and inspect it. Now, Amazon rules the world. When “streaming” came on the scene, I scoffed. Why would anyone want to watch a movie at home, on their TV, when they could go to a movie theater to see it on the big screen? So, dismiss, laugh, and scoff at cryptos at your own peril. And, no, they are not substitutes for money, despite the unfortunate “currency” tacked onto their nomenclature. They are computer algorithms. Cryptos have the potential to change the world as dramatically as did the PC, online shopping, and streaming, combined. – Dale A. Since the emergence of cryptos into the public consciousness, some time has been expended on considering whether to jump in, or merely observe and learn. Yes, during that time, profits and losses have come and gone. However, those wins or losses have all been predicated on, and continue to be, a reaffirmation of the Greater Fool Theory. – C Eti. And finally, a dear reader shares their thoughts on Bill’s essay, “[Think of the Wavering Millions]( Thanks for sharing your thoughts on the money situation. However, the world’s biggest problem is climate change. You waste your time and energy bleating about the Federal Reserve and fake money. Climate change is wrecking destruction in the far northern parts of the Earth and the southern latitudes. Look what it’s doing to your ranch. It will probably never make any real or fake money, and there is a good chance it is worth a lot less than you paid for it. – Charles S. Is the world’s biggest problem climate change, as Charles believes? Is climate change relevant to the economic equation? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Grotesque shape of things to come). IN CASE YOU MISSED IT… [WARNING: The message below is controversial and may be offensive to some audiences. Viewer discretion is advised.]( This video is going viral… A former NY grocery bagger – who rose to the top of Wall Street in just 3 years – blasts Congress and reveals sickening truths about America… Now, in his latest video, he shares [a bold message for all Americans…]( [Show me the video now.]( [image]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [An Insider’s Guide to Making a Fortune from Small Tech Stocks]( [image]( [The Trader’s Guide to Technical Analysis]( [image]( [The Ultimate Guide to Taking Back Your Privacy]( [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. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Rogue Economics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@rogueeconomics.com). © 2021 Rogue Economics. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Rogue Economics. [Privacy Policy]( | [Terms of Use](