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‘I Can’t Do It’
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Via Ben Hunt’s excellent Epsilon Theory, a must
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Amen! Selah…good to know a fellow tribesman…
the great ones are always early. Just make sure you can hold your position. Because you will be correct..I think sooner than later.
“The point being that I’m NOT happy to serve an idea”. What are corporations (your clients) if not ideas? They are entities that are imagined into existence, just like religion and democracy.
Hear, hear! As Tom Waits said in his plaintive ballad — … gotta hold on ..
H. This is truly one of your very best writings ever! I am experiencing many of the same things as you. Your tribe, like mine, has to be totally trusting in you, and you serve them by giving your best, always.
When the world’s CBs reduce the the rate of money creation, and if velocity doesn’t accelerate to offset, the asset inflation may slow or reverse suddenly, due to the speed of the (mindless) rules-based trading machines. Until then, I am still buying puts on the SPY, and long various gold and miners and long dollar via UUP.
as noted at the top of the post, this is Ben Hunt’s writing. you can read more from at the links provided
Painfully honest–I really get the pain! Big ideas, served uncritically by little men, have been responsible for many of the world’s greatest evils.
Truly H, Ben has hit the nail on the head.
We who don’t participate are shunned as in realistic, moot worthy.
Our Tribe has aged with Dylan as our poet.
an incredible article.
I for one will Not follow the herd or be food for the wasp (aka gov). Nor will i believe in our government to do the right thing. They are Not for the peoples well-being, there goal is to enslave us and or make us dependent on them–i will not except this outcome. They, the government is already on this path i.e. taxes on me–57% all up (i am being consumed from the inside). In an 8 hour work day–i work 4 hours for the man. OK–by a home at nose bleed levels–buy new 60K trucks for work get the tax credit–SCREW YOU–ZERO DEBT FOR ME. Trade to frequently and the gov attacks your trading account with new tax laws.
All this will end very badly–it is just a question of time. What did Stalin say?
MR. H, once again thank you and your business contacts for giving us the truth. For those that don’t head the warning–do so at your own peril.
good luck to all.
currently short the market.
PS–on a lighter note;
i bought a 1995 ford f-150 fuel injected 6 cylinder few months ago. Bought new tires and a complete service. 5K all up and it insures for 200 bucks per year. OK, i admit i payed up money for this nice truck. This new to me truck works just as hard and has all the same tools and equipment as the 70K ford trucked parked right next to me!, but can also buy parts at the local grocery store–that’s funny. Debt–no thanks.
i just needed to vent.
22 years old would be almost non-insurable other than the ‘liability only’ policy like you have at only $200/yr; parts almost impossible to find and expensive to get not to mention body part replacements; all damage or loss on you. One more tip, a person with no debt usually cannot get credit approval anyway. Drive carefully.