Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
CATHY WOOD ARK GARBAGE ARK Funds Heading for 90% STOCK CRASH! - 22nd Jan 22
Gold Is the Belle of the Ball. Will Its Dance Turn Bearish? - 22nd Jan 22
Best Neighborhoods to Buy Real Estate in San Diego - 22nd Jan 22
Stock Market January PANIC AI Tech Stocks Buying Opp - Trend Forecast 2022 - 21st Jan 21
How to Get Rich in the MetaVerse - 20th Jan 21
Should you Buy Payment Disruptor Stocks in 2022? - 20th Jan 21
2022 the Year of Smart devices, Electric Vehicles, and AI Startups - 20th Jan 21
Oil Markets More Animated by Geopolitics, Supply, and Demand - 20th Jan 21
Fake It Till You Make It: Will Silver’s Motto Work on Gold? - 19th Jan 22
Crude Oil Smashing Stocks - 19th Jan 22
US Stagflation: The Global Risk of 2022 - 19th Jan 22
Stock Market Trend Forecast Early 2022 - Tech Growth Value Stocks Rotation - 18th Jan 22
Stock Market Sentiment Speaks: Are We Setting Up For A 'Mini-Crash'? - 18th Jan 22
Mobile Sports Betting is on a rise: Here’s why - 18th Jan 22
Exponential AI Stocks Mega-trend - 17th Jan 22
THE NEXT BITCOIN - 17th Jan 22
Gold Price Predictions for 2022 - 17th Jan 22
How Do Debt Relief Services Work To Reduce The Amount You Owe? - 17th Jan 22
RIVIAN IPO Illustrates We are in the Mother of all Stock Market Bubbles - 16th Jan 22
All Market Eyes on Copper - 16th Jan 22
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It - 16th Jan 22
A Stock Market Top for the Ages - 16th Jan 22
FREETRADE - Stock Investing Platform, the Good, Bad and Ugly Review, Free Shares, Cancelled Orders - 15th Jan 22
WD 14tb My Book External Drive Unboxing, Testing and Benchmark Performance Amazon Buy Review - 15th Jan 22
Toyland Ferris Wheel Birthday Fun at Gulliver's Rother Valley UK Theme Park 2022 - 15th Jan 22
What You Should Know About a TailoredPay High Risk Merchant Account - 15th Jan 22
Best Metaverse Tech Stocks Investing for 2022 and Beyond - 14th Jan 22
Gold Price Lagging Inflation - 14th Jan 22
Get Your Startup Idea Up And Running With These 7 Tips - 14th Jan 22
What Happens When Your Flight Gets Cancelled in the UK? - 14th Jan 22
How to Profit from 2022’s Biggest Trend Reversal - 11th Jan 22
Stock Market Sentiment Speaks: Are We Ready To Drop To 4400SPX? - 11th Jan 22
What's the Role of an Affiliate Marketer? - 11th Jan 22
Essential Things To Know Before You Set Up A Limited Liability Company - 11th Jan 22
Fiscal and Monetary Cliffs Have Arrived - 10th Jan 22
The Meteoric Rise of Investing in Trading Cards - 10th Jan 22
IBM The REAL Quantum Metaverse STOCK! - 9th Jan 22
WARNING Failing NVME2 M2 SSD Drives Can Prevent Systems From Booting - Corsair MP600 - 9th Jan 22
The Fed’s inflated cake and a ‘quant’ of history - 9th Jan 22
NVME M2 SSD FAILURE WARNING Signs - Corsair MP600 1tb Drive - 9th Jan 22
Meadowhall Sheffield Christmas Lights 2021 Shopping - Before the Switch on - 9th Jan 22
How Does Insurance Work In Europe? Find Out Here - 9th Jan 22
Effect of Deflation On The Gold Price - 7th Jan 22
Stock Market 2022 Requires Different Strategies For Traders/Investors - 7th Jan 22
Old Man Winter Will Stimulate Natural Gas and Heating Oil Demand - 7th Jan 22
Is The Lazy Stock Market Bull Strategy Worth Considering? - 7th Jan 22
What Elliott Waves Show for Asia Pacific Stock and Financial Markets 2022 - 6th Jan 2022
Why You Should Register Your Company - 6th Jan 2022
4 Ways to Invest in Silver for 2022 - 6th Jan 2022
UNITY (U) - Metaverse Stock Analysis Investing for 2022 and Beyond - 5th Jan 2022
Stock Market Staving Off Risk-Off - 5th Jan 2022
Gold and Silver Still Hungover After New Year’s Eve - 5th Jan 2022
S&P 500 In an Uncharted Territory, But Is Sky the Limit? - 5th Jan 2022

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The Future Is Uncertain And The End Is Always Near

Politics / US Politics Mar 26, 2018 - 06:16 AM GMT

By: James_Quinn


Spending a week driving around a western state 1,700 miles from my stomping grounds in Pennsylvania provides a different perspective on the level of economic, social and political degradation impacting the country. With a daily commute along the crumbling, crummy, gridlocked deathtrap roadways into West Philadelphia, the squalor and decomposition of our civilization is self-evident.

I live in a corrupt state with the highest gasoline taxes, highest tolls, massively underfunded government pension liability, failing government run public schools, suburban sprawl dotted with ghost malls, vacant industrial parks, and urban ghetto shitholes plagued by drugs, murder, welfare mentality, excessive taxes, and left wing politicians.

Politically, the state is virtually split down the middle, with the urban enclaves of Philadelphia and Pittsburgh dominated by Democrats, rural areas dominated by Republicans, and suburbs capable of going either way – but leaning left. Trump won the state mostly due to the lack of enthusiasm for Hillary in Philly and Pittsburgh. If the Democrats weren’t so dysfunctional and beholden to the far left, a moderate Democrat would win the state easily.

The governor is a Democrat and the legislature is Republican controlled, so budgets are virtually impossible to pass, with the only predictable outcome being higher taxes, fees, tolls, and deferral of essential actions to address the billions in underfunded government pensions. The Federal prison has a wing just for corrupt PA politicians. At least life is predictable.

Living in the northwest suburbs, 30 miles from the City of Philadelphia, and commuting into the city on a daily basis for the last 12 years, has given me a good vantage point in assessing the state of the infrastructure, economic trends, and societal decay in my part of this exponentially delusional, debt dependent, chaotic country. The U.S. and my corner of PA. have supposedly been in the midst of an economic recovery for the last nine years.

The government data shows a declining unemployment rate, rising GDP, non-existent inflation, record corporate profits, low interest rates leading to a growing housing market, soaring consumer confidence, and a record high stock market. In the parlance of Jim Morrison, we’ve been at the Roadhouse having a real good time. We’re gonna need more than a beer to recover from the inevitable hangover.

My suburban slice of Montgomery County is prosperous and growing, based upon demographic and economic data produced by the government. The populace is mostly upper middle class white collar families. I’ve lived in the same house for 23 years, through the 2000 internet bust, the Greenspan created housing bubble, the 2008 Wall Street created financial implosion, and the supposed nine year economic recovery. Within three miles of my house we had two strip centers with 100% occupancy in 1995. For the last eight years one center has been 90% vacant and the other 50% vacant. Office buildings built in 2005 still have numerous vacancies. Entire 600,000 sq. ft. office parks remain unoccupied, except for weeds, rodents, mold and decay.

Grand government plans for new retail outlets never materialized. Numerous gas stations have been shuttered, rotting and weed infested testaments to better times. Numerous grocery stores, locally owned restaurants, and small businesses have gone belly up during these supposed good times. Imagine what will happen during the next official recession.

This Potemkin economic recovery is buttressed by unpayable debt, Federal Reserve easy money, fudged financial industry accounting, fake economic data, endemic political corruption, and a perpetual flow of propaganda from the corporate media spigot convincing the mathematically challenged masses all is well and going into debt to keep up with the Joneses is a brilliant strategy for success. If you ignore the fake news and false rhetoric from politicians, bankers and the media, you can see the continued economic deterioration with your own eyes and your own bank account.

You can tell what our society values and supports by observing your immediate surroundings. The only construction I see are new bank branches, new medical facilities, drug stores, new fast food joints (creating the need for new medical facilities), and new government buildings. The once teetering Wall Street banking industry is alive and well due to tens of trillions funneled their way by the Fed and feckless Washington political machine.

You can’t swing a dead homeless person without hitting a Too Big To Trust Wall Street bank branch. Why do we need these monuments to greed and hubris when you can make a deposit with your smartphone, pay your bills on-line, and use your debit or credit card for every transaction? It’s insane to waste money on thousands of branches. But, when you can get your money from the Fed for free, everything looks like a good investment.

The trillions flowing out of people’s bank accounts and into the coffers of the sick industry complex have enriched these corporations to such an extent; they feel the need to build palatial complexes and numerous outlets for their “legal” drug distribution. You know an industry is rolling in dough when they build high tech glass palaces with concierge service and upscale restaurants, to service sick people.

Those Obamacare premiums and insurance payments are going somewhere, and even after paying the corporate executives their obscene salaries and bonuses, there is plenty left over for the construction of medical Taj Mahals and lobbying corrupt slimy snakes in congress for more. Despite the extravagance of these medical facilities, the service still sucks, a Tylenol costs $25, the physicians are barely adequate, the mis-diagnosis rate is sky high, and the staff is surly and rude.

Local politicians build themselves new grand municipal buildings, even though there are vacant office buildings out the wazoo. New Social Security Administration buildings are constructed at an astounding pace, especially in the Democrat controlled urban ghettos. New Section 8 housing estates are built with union labor on the taxpayer dime. That is the common denominator in all the new building occurring in this country.

The funds for this frenzy of banking, sick care and government construction has materialized out of thin air by a privately owned banking cabal called the Federal Reserve in conspiracy with the Deep State. This entire engineered Potemkin recovery and building boom is built on a liquefying foundation of bad debt and lies. Let it roll, baby, roll.

My little piece of suburban paradise in this failing and falling empire of debt may be decaying slowly, but my daily commute into the putrid, dilapidated, crumbling ghetto killing field called Philadelphia is a different matter. This corrupt liberal bastion of unfunded government pensions, outrageously high taxes, overpriced union labor, criminal Democrat politicians, dreadful public schools, potholes that could swallow a small car, crumbling infrastructure, murder, mayhem, and an enslaved underclass of welfare dependent minorities, is much further along the track to collapse. This city has pockets of prosperity, but its death rattle is unmistakable. The decay is too far gone and debt too large to realistically reverse course, even if there was a will to do so – which there is not.

My week in Colorado further clarified my view the American empire is in decline, but it is a cascading decline with regions and cities at various stages of collapse. My relatively rural suburban enclave is probably fifty percent of the way there. Philadelphia is eighty percent of the way there. Colorado only appears to be twenty five percent of the way there. I would ponder much of the western U.S., excluding the liberal bastions in California and Washington State, is also further from collapse than the heavily urbanized debt burdened northeastern U.S.

Driving up I-25 to Fort Collins, down to Colorado Springs and west to Boulder and Breckinridge, presented a fairly broad view of the greater Denver area. The most conspicuous aspect of Colorado, from my perspective, is the vast picturesque expanse of open space as far as the eye can see. Every direction seems to be framed by snow-capped Rocky Mountains. It’s the diametric opposite to my daily commute through the 30 Blocks of Squalor in West Philly.

The beauty of the Colorado landscape is somewhat obscured by a seemingly never ending proliferation of retail malls along the entire expanse of I-25. They all look alike, bathed in a beige sandstone design. The malls are populated by the same national retail chains inhabiting the ghost malls on the east coast. They are still constructing new malls, something not done on the east coast for years.

It seems there are still a significant number of people with disposable income in Colorado. Their labor participation rate has actually increased as their unemployment rate has fallen. The plunge in the participation rate has produced fake unemployment levels on the east coast. From that perspective Colorado is in better shape than most of the country.

You can’t help but notice the weed dispensaries sprinkled across the countryside. The legalization of marijuana has certainly had a short term economic benefit, as it has generated jobs and a massive inflow of tax revenue into government coffers. The longer term negative impact is revealing itself by the inordinate amount of homeless addicts in downtown Denver, at interstate off-ramps, under bridge overpasses in Boulder, and loitering in public parks in college towns like Fort Collins. The seeds of collapse are already planted. The influx of liberals fleeing California and the east coast are already indoctrinating a formerly conservative self-reliant state with socialist, feminist, and nanny state philosophies. This was borne out by Hillary’s narrow victory in 2016.

The infrastructure is not in a state of disrepair. Instead of trash and garbage along its interstates, there are clean-up crews picking up tumbleweeds. Everything still has that new smell feel. You just don’t see dilapidated structures. There are no potholes. Stop lights always function. Traffic is heavy at peak times, but not gridlocked. With the best ski resorts, awe inspiring tourist attractions (Garden of the Gods, Red Rocks), the majestic Rockies, growing economy, lack of government pension liabilities, and the weed industry, Colorado will sustain itself far longer than the Democrat run putrefying urban ghettos on the east coast. Make no mistake, the American empire is in the midst of a cascading collapse, and it will reach Colorado eventually.

If ever the lyrics “The future’s uncertain and the end is always near” were more applicable, it would be this past week. The stock market plunged by almost 1,300 points (no tweets from Trump taking credit), Trump accelerated his trade war with the world, he replaced a warmongering general with a warmongering neocon psychopath, the first quarter GDP estimate continued to decline to below 2%, a bunch of useful idiots were manipulated by Soros, Bloomberg and other liberal billionaires to protest against their own rights, and Trump topped it off by stabbing his supporters in the back by signing a bloated Democrat/RINO $1.3 trillion spending bill funding left wing priorities while ignoring everything he supposedly stands for. The Deep State either has pictures, or he is just a wolf in sheep’s clothing with no moral compass or desire to fulfill the agenda he ran on. It was a profoundly disappointing week for Trump supporters, even as the financial markets and economy show unequivocal cracks.

As we enter the second half of this Fourth Turning, there is a lot of uncertainty regarding the specific events which will propel us towards its climax. We do know the events will be driven by the three catalysts of debt, civic decay, and global disorder. We’ve breached the $21 trillion national debt level, with Trump’s new budget poised to blast through $22 trillion in less than a year. The $200 trillion of unfunded liabilities looms in the foreseeable future. Corporate debt stands at an all-time high. Consumer debt stands at an all-time high. Global debt approaches $200 trillion. The coming financial dislocation will blow this powder keg of debt sky high. Matches are being lit on a daily basis.

Civic decay accelerates as gun grabbing left wing billionaires attempt to disarm the deplorables before the real conflict arrives. The Deep State wages war against the insurrection within their swamp. Surveillance agencies commit acts of treason. The Constitution is shit upon by those in power. An ongoing coup against the sitting president proceeds unabated. The citizens are treated as sheep being led to slaughter.

The few critical thinking dissenters are treated as criminals for exercising their First Amendment rights. The social media conglomerates, acting as the eyes and ears of the Deep State, lure the masses into willingly sacrificing their private information. There will be no compromise. The animosity between right and left has reached civil war levels. There is no middle. This will be a fight to the finish.

Trump has surrounded himself with neo-con war mongering philistines, while provoking nuclear powers, and embroiling our military in unwinnable conflicts across the Middle East. Trade wars, whether warranted or not, will ratchet up the intensity and antagonism. The Muslim hordes invading Europe are already provoking a political uprising across the continent. The North Korea problem is far from solved. Politicians across the globe facing unsolvable domestic issues will turn to foreign conflict as a way to distract the masses. Once the Rubicon is crossed the law of unintended consequences will rear its ugly head. The future of humanity hinges on the push of a button. Do you trust the current lot of feeble minded sociopaths to do the right thing?

The future may be uncertain but the end is always near. Within the next decade the future will be revealed. I believe we are headed for harder times. There is no going back to better days. Trump is the catalyst for conflict, both domestic and international. He will not save this nation. It will be up to individuals across the land. It’s time to mentally, physically, and financially prepare for the bitter winter ahead. Keep your eyes on the road and your hands upon the wheel. In the meantime, follow Jim Morrison’s advice and get yourself a beer.

Join me at to discuss truth and the future of our country.

By James Quinn

James Quinn is a senior director of strategic planning for a major university. James has held financial positions with a retailer, homebuilder and university in his 22-year career. Those positions included treasurer, controller, and head of strategic planning. He is married with three boys and is writing these articles because he cares about their future. He earned a BS in accounting from Drexel University and an MBA from Villanova University. He is a certified public accountant and a certified cash manager.

These articles reflect the personal views of James Quinn. They do not necessarily represent the views of his employer, and are not sponsored or endorsed by his employer.

© 2018 Copyright James Quinn - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

James Quinn Archive

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in