New World A-Comin'

[jbsliverer]

I just watched that video (just catching up). I've been spending a lot of time with many of the issues that Grantham talked about. The more extreme things get (in about everything in life), the harder and more extreme things are in reverse or other side of the pendulum gets. Society in general, especially in the US has been getting pretty extreme and is really due for the elimination of those extremities towards the other direction. That includes the stock market which I feel that this little piddle of bearishness is nothing compared to what we have created and continuing to create for ourselves. And the more we ignore this process the harder it's going to be and in essence only delayed the inevitable breaking point.

So what's the answer to where do we put our money to at least somewhat protect and muddle through and even profit. As Grantham covered, having buckets of cash on the sidelines isn't really an answer. He also covered an issue that I'm well aware of. You and I are in the older generation and there isn't enough time in our lives to get through another long term recovery like the 29 crash or even more current history bubbles that I've succeeded in profiting and getting through, but it's it's taken many yrs or really decades and quite a bit of sacrificing that the current younger generation isn't in positions to do either physically or mentally. There is a lot of population that still hasn't recovered from just the housing bubble crash and never will. Other than the top 10% and an index number, most have taken many many years to get close to previous real worth. Same with the Covid Wars and all that has entailed from it. Many people will never recover back to before Covid.

Our gap between rich and poor has just gone extreme. Of course the answer to that is for the gap to shrink and become more equitable. But that answer, the only answer and solution, is being fought and will always be fought by big corp and the top 1% who are getting way to much power.

Knowing my time is limited, I can only try to prepare for my children (now adults) and grandchildren (oldest being in the marines now for two years).

But it's quite the conundrum and difficulty for direction and long term strategies no matter how much time I'm putting into it. Not to mention the cultural mayhem that's been created purposely for power control.

The more time I spend, the more I'm seeing everything (lot of what that interview was covering) and knowing what has got to be the results and consequences of everything going down (especially in the political spectrum).

No matter what the new world brings, there going to be a lot of hell to pay for a lot of people. If I succeed in helping my offspring get through it all, my success will be others demise. When there is only 10 apples in the basket and Johnny takes 9 of them, it's pretty tough on Dick, Jane, Terry, Peter, Paul, and Mary to live on the last one.