Chris Martenson: Election Disaster - Half the nation mourns & the whole nation loses

By Peak Prosperity / November 20, 2003 / marketsanity.com / Article Link

Whether Biden or Trump wins, the nation loses. I am a studious avoider of left-right politics preferring the up-down axis. Neither party has advanced meaningful ideas for any of our biggest and most vexing problems and predicaments. #1: there's no comprehensive energy policy that comports with reality. Nothing. It's the biggest oversight of them all. It leaves us all horribly unprepared for the future #2: The US sick care system bankrupts more than 600,000 US families each year even as the US spend more than 2x as much per capita as other nations (who also enjoy better outcomes). Why no protests over this vile way we treat ourselves here in the US? Ever think about that? #3: Monetary and fiscal policy. Neither party is going to do anything but more of the same. And where has that gotten us? to the largest fiscal deficits on record, the largest amount of money printing ever, and the widest wealth gap ever. This all leads to one rock-solid conclusion. No matter how this turns out, we all lose. So you'd better be working on your personal and community resilience.

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris' latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.

Recent News

Major metals not gaining much on China stimulus announcements

December 16, 2024 / www.canadianminingreport.com

Spectre of stagflation looms over base metals

December 16, 2024 / www.canadianminingreport.com

TSXV large gold gains overall, but a mixed story underneath

December 09, 2024 / www.canadianminingreport.com

Large cap gold underperforms juniors

December 09, 2024 / www.canadianminingreport.com

Swings in geopolitical risk premium a major recent gold driver

December 02, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok