Raptor r in desert video

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melvimbe

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I bet my raptor that 99% of people here don’t know how to interpret this. Just saying. The first part does speak to the ongoing struggle of our government saving capitalists from themselves.

It's not that difficult to understand. Although politicians and media are more than happy to make statements and throw out stats to confuse you and convince you that things are better than themselves. And government isn't saving capitalism from itself, capitalism does just fine when it's mostly left alone. The government messed things up by interfering in the economy too much and is trying to fix it by interfering some more.
 

cplreyes

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“Left-alone Capitalism” doesn’t work. It has been proven…. It’s a done deal…. No argument left to make. This is why you won’t find many, if any, educated politicians who are libertarians. Conservative politicians just talk like they have libertarian views, but only because they feel the pressure from there base. Most people’s views of capitalism come from small business experience, which is fine, but even then, it’s micro entrepreneurship, which can exist and thrive in most systems. You seem like a smart guy so I won’t keep going. People don’t know what they don’t know. Unfortunately, most need a formal and advance education in economics to really understand how capitalism works and doesn’t work.
 

91Eunos

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I really don't think there will be a recession, it's just out of control price gouging everywhere, fueled by greedy billionaires and dirty politicians, it's the same up here, exactly! There are still lots of jobs available, one of the problems is lower income jobs are hard to fill with the price of transportation costs, food costs, etc. Those wages get increased and commodity prices increase, well, you get it.... This is where our Governments are failing us all.
I truly hope you’re correct, but from where I sit, it’s already here.
 

GordoJay

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“Left-alone Capitalism” doesn’t work. It has been proven….
True. But we don’t have that. Not even close. Many sectors of our economy are flat out socialist. Schools? Military? Gummint? And what is regulatory capture other than the connected wangling favors from the government? A classic aspect of socialism. You could make an argument that the USA is more socialist than not. You might not win, but it could be close.
 

91Eunos

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Well there are still lots of jobs up for grabs up here and down there. So there is that glimmer of hope.
Indeed.

I’m already retired once…. And having an even better go for round two, but yeah. Everything is 10-100+% more expensive, primarily from labor and fuel costs. ‘Greed‘…corporate or otherwise has very little to do with it.

You can’t inflate the monetary supply as dramatically as we have, while simultaneously (and largely artificially) limiting production on, well, almost everything over the past couple of years, and not have serious consequences.

Runaway inflation over the next few years is, frankly, a best-case scenario right now.

Glad we bought our current home when we did, and happy to have some hard assets parked in the form of land and other durable goods, but methinks things are gonna get spicy here in the CONUS pretty soon.

Like most collapses, things will happen very slowly, and then suddenly.

Barring a miracle, I think we’re almost there.

Edit: and the post above is 100% spot on! We need to table this maudlin observation and navel gazing.

What do we know about the new R now that we’ve seen video?

Other than its gonna be expensive! ;)
 

CoronaRaptor

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The inflation up here is the highest it has been since 1983, lol. I'm just a more frugal shopper these days is all and growing as much of my own food too.
 

CoronaRaptor

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Indeed.

I’m already retired once…. And having an even better go for round two, but yeah. Everything is 10-100+% more expensive, primarily from labor and fuel costs. ‘Greed‘…corporate or otherwise has very little to do with it.

You can’t inflate the monetary supply as dramatically as we have, while simultaneously (and largely artificially) limiting production on, well, almost everything over the past couple of years, and not have serious consequences.

Runaway inflation over the next few years is, frankly, a best-case scenario right now.

Glad we bought our current home when we did, and happy to have some hard assets parked in the form of land and other durable goods, but methinks things are gonna get spicy here in the CONUS pretty soon.

Like most collapses, things will happen very slowly, and then suddenly.

Barring a miracle, I think we’re almost there.
I'm in the same boat, bought my current house in a good buyers market etc, my adult kids though are having a tougher time securing wealth and assets. I agree this will go on for a couple of years.
 
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