The World Is a Powderkeg

There is no precedent in our lifetimes for what this could mean. Hang in there, my friends! An explosion is coming. [Gilder's Daily Prophecy] April 15, 2022 [UNSUBSCRIBE]( | [ARCHIVES]( Urgent: Market Doomsday Indicator Flashing Red. This little-known “[market doomsday indicator]( has appeared before nearly every major financial crash in recorded history. And now after years of silence, it has begun to ring out again… With some experts already predicting that we could see a dow drop of 80% or more practically overnight. Then I’m urging you to drop what you are doing and [watch this now.]( Because if you miss [this warning]( now, it could already be too late… The World Is a Powderkeg [Jeffrey Tucker]Dear Daily Prophecy Reader, Did you catch the absolute frenzy about Elon Musk’s proposed takeover of Twitter? Employees at Twitter were falling on their fainting couches repeatedly. The Washington Post warned of the grave danger to democracy. Commentators were melting and sweating it out. It’s all so overwrought. Crazy stuff! Isn’t this just the way markets work? What’s the big deal? Well, it is a big deal and the reason became obvious to me this morning. The Guardian is planning a puff-piece interview with Bill Gates. They naively asked readers what questions they had for Gates. What was the paper thinking? What followed was hundreds, if not thousands of….let’s just say highly unfriendly questions. Even I was shocked. Now think about this. This is a highly censored platform. They ban you for raising questions about vaccines. You are dinged for wondering a bit about Zelenski’s war drums. They body bag you if you say that the virus is not what they claim it is. But they cannot have rules for absolutely every subject on the planet earth. They can’t ban everything. Therefore, people can more or less speak openly about what they think of Bill Gates. And here we get a picture of reality: One positive for every 5,000 negatives. These open topics operate as safety values. If it is your impression that people are rather upset at the elites today, think about how much we do not know. Multiply that by factors of thousands. A Torrent Awaits So just imagine: the world’s most important portal for global information distribution, a platform refined over the years in its power to distribute links and content, with the ability for average people to communicate directly with the elite classes, a place where people have the chance to tell big shots what they really think. Imagine dialing back the censorship just a bit. Imagine a hole the size of a nail in a major dam. This is precisely what “they” do not want. It would expose the strangest fact about our world today, namely that the oppressions and wreckages all around us are the product of just a few hundred people around the world. Forget the 1%. It’s more like the 0.0001%. It’s a small group with wildly outsized influence. It feels wrong. It is undemocratic. Plus they have proven their incompetence on every subject from economics, to monetary finance, to virus control. They are effectively discredited. Now there is one goal: keep the masses from rising up. [BREAKING: Elon Musk Bets Big On One Crypto. Click Here Now For The Details.]( What Is Forgivable? Social science and psychology have produced a large and very interesting literature about what the human mind can forgive and get over, versus that which people can for a lifetime or many generations. Some things are bad but one moves on. The death of a parent is painful but we recover. Stock market losses are bad luck but we wait it out. Even job loss, as bad as it is, eventually recedes in our memory once we have a new job that makes us happy. Relationships can go wrong but the next good relationship heals the pain. What is the most salient, pressing, burning, and possibly permanent form of hurt? Things that harm our children. Actions that steal our patrimony (as Machievelli said), and external forms of intervention that rob us of our social status. Those things we do not forgive. Instead, we seethe. In any case, this is what the literature has explained and it seems right. Now consider the last two years. Perhaps half the country thinks that the President found his way to power through illicit means of some sort. Forget the ballot counting issues. It’s all about the manipulation of democratic process via mail-in ballots and so on. I tend to be rather moderate on such questions but I’m an outlier here: multitudes believe the election to have been outright stolen. So much for credibility at the top. Now consider what has happened to children over two years. Many in the middle class have faced the grim reality that their kids learned next-to-nothing online. They are massively behind. Meanwhile, the rich kids in private schools are far ahead of them. Keep in mind: these are schools for which people pay with VERY high property taxes. The unions and the germaphobes shut them down for two years! Did people get refunds? Nope. They were robbed. Also millions of people over two years were denied access to funerals and even hospital visits for loved ones like parents and grandparents. We can deal with death. We cannot deal with politicians and bureaucrats who barred us from providing comfort to the dying and then grieving ourselves. This is utterly unforgivable. The Jab Now consider vaccine mandates. Most people never wanted their skin to be stuck with a needle and have their bodies pumped full of some untested substance, generated by tax-funded medical labs, operating without liability. Those who went along are still furious to this day. This anger will last a lifetime. And to top it off, none of these goofy and truly evil strategies achieved anything in terms of disease mitigation, much less in cushioning the economic blow of the lockdowns. The most remarkable form of robbery came in the form of the seemingly wonderful stimulus checks. Wow, the government is giving me something…and then the government took it away in the form of inflation. And let’s talk about inflation and public fury. Some people in some countries get used to it. Americans are not that way. We’ve been through 40 years of relatively tolerable levels. The Fed assured us that it had it all under control. For a year now, all of the top experts said that prices will settle back and everything will be fine. Of course, it wasn’t true. Now people feel it very intensely: their standard of living is falling. Fast. There is nowhere where money makes money. Nothing feels safe. We are being secretly robbed at every turn. We seek explanations. They blame Putin. They blame business. They blame you and me. They blame everyone but themselves. This is unbearably obvious. The Explosion In 2016, I gave a speech in which I said that people who hate Trump should feel gratitude for him. Compared with the real mood in the country, Trump really did represent a moderating force. That was six years ago, and long before lockdowns, inflation, a sketchy election, and vast social and economic wreckage. Are the elites right to fear a world of free speech? They certainly are. In a digital age with the potential for mass communication and action, a genuine platform that allows people to actually share information and say what they really think could be truly revolutionary. This sounds exciting and like something we should welcome. Maybe. My actual worry is deeper, namely that we have traveled too far down the path for this to end in peace and tranquility. The powder keg is growing more combustible by the day. Now, consider the present situation and add recession/depression on top of it all. There is no precedent in our lifetimes for what this could mean. Hang in there, my friends! An explosion is coming. Regards, [Jeffrey Tucker] Jeffrey Tucker The Metaverse Story You’re NOT Hearing… Everywhere you turn, people are raving about the Metaverse. Facebook’s now called Meta. Microsoft’s CEO says, “The Metaverse is here.” Apple’s all in too. But there’s a critical piece of the Metaverse story you’re NOT hearing about… [Click here now for the full details](. [Three founders Publishing]( To end your Gilder's Daily Prophecy e-mail subscription and associated external offers sent from Gilder's Daily Prophecy, feel free to [click here](. If you are having trouble receiving your Gilder's Daily Prophecy subscription, you can ensure its arrival in your mailbox by [whitelisting Gilder's Daily Prophecy](. Gilder's Daily Prophecy is committed to protecting and respecting your privacy. 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