A bit of background, here.
I have long subscribed to a number of financial newsletters published by Stansberry & Associates. In fact, I’m a member of their Private Wealth Alliance. They are related to Agora Financial, which has a whole different collection of newsletters of which The Daily Reckoning is perhaps best known. The founder of Agora Financial, Bill Bonner, has written a book called Hormegedon, How Too Much of a Good Thing Leads to Disaster. The reviewers all liked it. I haven’t read it, partly because I agree with his basic thesis, that humankind as a whole swings from majority sensible (or normie) to majority insensible (or non-normie), which plays out in the rise and fall of nations and empires, and partly because he comes across as an Angel-driven Lizard dominant (more about that in a future post). He’s very well off, and he’s prone to black and white pronouncements. As an Angel-driven Monkey dominant myself (by nature, at least, though my Lizard is wider awake and aware than is the case in many folks like me), I don’t like it when people try to scare me into doing anything. But I’m human, and I can be ‘scared’ into doing something I might not do otherwise.
Which brings us to Jim Rikards, author of The Death of Money: The Coming Collapse of the International Monetary System. I ordered this book through Stansberry & Associates, and found it fascinating. As a Lizard-driven Angel dominant, Rickards, like any Angel, lays out his thesis and supporting evidence in an unemotional manner quite unlike the “we’re all gonna die!” I hear from too many Lizard dominants, including Porter Stansberry himself, who’s been writing about the death of the American Dollar for years. In many respects, however, Rikards’ take on the death of money is even more frightening because he is an Angel dominant, focused on facts and not emotion.
On the basis of Rikards’ book, I decided to subscribe to his new newsletter, published by Agora. Apparently I got in just under the wire as membership has been closed, at least for awhile. I received the first issue last week. The lead article presented Rikards’ take on the worst-possible scenario and what life might be like in 2014 after the central bankers and other elites basically take over the world. The other two major articles explained exactly how he believes they could do it, all written in his relatively flat, unemotional tone. It appears the reaction to the scenario is all over the board, especially after it was republished in The Daily Reckoning. Today, The Daily Reckoning published Bill Bonner’s take on what he thinks is going on.
I don’t usually respond to newsletters, but I felt it time to stick my two cents worth in. Here’s the text of the email I sent to Daily Reckoning.
I expect Bill Bonner is right in his thesis about the ups and downs of civilization, but I refuse to read his books because they’re horribly depressing, especially when he admits to being a cynic. How does he manage? Does he see any hope for the future, or any chance that people might grow up and learn how to be adults?
On the other hand, Mr. Rikards’ scenario is only part of the story because he doesn’t really examine the consequences of closing down the markets and stuffing all the gold in the world into vaults in the Swiss mountains so it can’t ever be used for money. But it is only a brief scenario, not a doomsday novel like the ones I’ve written (available on Amazon). I think if Mr. Rikards really wanted to scare the you-know-what out of his readers, he’d explain how killing the markets killed the entire power grid, to say nothing of civilization itself, and sent us back to the Dark Ages of feudalism. This is, unfortunately, exactly what the elites want, because their ancestors were the rulers of the castles a fortnight apart, managing serfdoms of maybe 500 people each, with little or no trade between them since everyone lived at subsistence levels. The world population back then probably didn’t exceed a couple of million at the most–with most of them in China.
Think about that. 99/100ths of the world population must die in order for the elites to get their way.
I do find it interesting that Mr. Rikards wants his doomsday scenario not to be a self-fulfilling prophecy. That’s encouraging. I hope, as a subscriber to his newsletter, that over time he provides actionable ideas not only in terms of ways to increase wealth in the markets relatively short term (since six years is not very much time–and what’s the point if the elites are just going to take all that wealth from us because after all, we’re too stupid to know how to handle it properly), but in terms of how to foil the elites in their drive to make the world over in their own images.
I have some ideas, which I have explored in several of my novels. One is for the sensible to band together and build villages designed to be as self-sufficient as possible and last for centuries. Call it a modern take on feudalism if you will. By ‘sensible’ I mean people who understand that all power vests in the individual and can neither be given nor taken away–no matter what anyone says, and no matter how tempting it may be to let someone else tell you what to do. Adults, in other words, not the whiny babies in grown up bodies that comprise the elites who tell us they know what’s best for everyone, but mean only for themselves.
If anyone reading this would like to know more, I’m always willing to answer questions, though you will find many of them answered in my Starfield Valley Tales (which are not doomsday novels).
Ad Astra per Levitas Nostra!
What response I will get, if any, remains to be seen, but I will share it with you.