Prognostication: Here It Comes
The Market Ticker - Commentary on The Capital Markets
2017-04-17 05:00 by Karl Denninger
in Federal Government , 988 references Ignore this thread
Prognostication: Here It Comes
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I claim no special power here, nor any inside information.  This is simply arithmetic coupled with logic.  I'll give you a "decision tree" sort of format with the critical points outlined.

Note that if you're going to mitigate any of what I see coming around the bend you need to do it right damn now, not wait.  By the time you get to those critical points it's too late.  For many people it's already too late, but if you're not in that batch then you need to make your lifestyle changes today.

I am operating on the premise that the rank corruption that I outlined in the Ticker here will not be addressed.  It will not be addressed for the same reason the 17th Amendment will be cited as the reason the American political experiment failed when the book on America is finally closed, as that Amendment permanently removed the ability of the States to call a hard-stop on any expansion of Federal Power they did not consent to.  That was designed in to our government by the founders and it was removed intentionally by the 17th Amendment.  That balance of power can never be restored absent a Revolution because to do so The Senate would have to literally vote themselves out of a job at a supermajority level which they will never do and there is no means to compel them to do so.

For the same reason the 30-year trend in Medicare and Medicaid spending will not be stopped.  It may be tinkered with around the edges but it won't be stopped because to stop it without literally throwing people into the street and letting them die you have to break the medical monopolies and in doing so you will inevitably (1) destroy the graft machine that drives a huge part of DC and at least half of the jobs inside the Beltway, along with the asset values they support, (2) create an immediate and deep (15% of GDP, but temporary) recession on purpose which neither Congress or Trump will ever voluntarily initiate as it would cause a guaranteed 70% stock market crash along with the immediate detonation of about 1/3rd of all in-debt corporations in the United States and (3) expose the outrageous theft of trillions of dollars from taxpayers over the last several decades to fund the medical scam machine at all levels.

The latter is perhaps the most-serious of all since were the people to experience still having health care at 10% of what they were spending before without health insurance and also without the $12,000+ a year they were spending on that worthless "insurance" there is a very real risk that they might lynch the entire set of 535 + 9 + 1 inside the Beltway and all of their associates as the only form of justice for the theft of their funds over the last 30 years that they are able to exact.

Congress knows all of the above.  Trump knows too.  So does the Supreme Court; after all, Roberts not only rewrote Obamacare (which he had no authority to do) twice but did so into a blatantly unconstitutional format which, incidentally, Congress knew they couldn't do and thus evaded in the first instance (an unapportioned direct tax, which is directly unconstitutional.)

The only reason they would ever take this issue on is if it was their only alternative -- if the risk of not doing so was higher.  Since it's literally impossible to get as few as a hundred people to show up in DC and raise hell for a single day on bank bailouts, say much less the medical scams, there is exactly zero risk to Congress, Trump and the rest of the Government from sticking up the middle finger to the American public on the issue of true Health Reform -- as they have been doing for the last 30+ years.

Therefore, on the math, we have roughly 5 years before the US Federal Government will attempt to spend $2 trillion a year between Medicare and Medicaid annually, $600 billion more on a yearly basis than it spends now.  It may try to forcibly shift some of the Medicaid spending to the States (as the AHCA did) but the bottom line will continue to expand at its ~9% annualized rate.

That cannot be financed.

It is mathematically impossible to do so, and thus it will not happen.

If the government tries to "print" it (via Fed machinations) doing so will further depress productivity which will go negative from its already-suppressed levels (as a result of the last ten years of deficit spending) and at that point GDP collapses and so do asset prices and tax revenue.

So they won't do that either because unlike in 2007 when the total between those two programs was $830 billion they can't get away with it at nearly three times the price.

What they'll probably do instead, therefore, is unilaterally and sadistically cut people off.

If you're one of them you will either suffer, die or (probably) both and they'll target those who are both fat and sick figuring, quite properly, that you'll be physically unable to do anything about it.

The low-hanging fruit, where a full 25% of the spending happens today, is on Type II diabetes.

If you're Type II diabetic you're ****ed, in short.  You better fix that if you can, right now.

If you're overweight and especially if you're obese you had better fix that too, right now, because that has a very high probability of leading to Type II diabetes.

It is my prediction that this is where they'll target first.

Fortunately, if you do it before you get abruptly cut off you probably can either massively mitigate the care you require as a result of that condition or regain sufficient blood sugar control to not be diabetic at all, and you do so at zero cost.  Right here, right now.

But most of Americans won't.

Within a couple of years of the cutoff 10 million Americans will die as a result of their refusal to act today.

In a couple more that count will be 30 million.

And all of them will die horribly.

Along with them will go the housing markets and credit related to it as population shrinks for the first time in American history and massive oversupply rears its head.

Right behind that will be the rest of asset prices.

This will be the "dip" that won't come back.

The worst part of it is that this doesn't end the problem, it only delays the worst of it by another 3 or 4 years.  Market recognition of that, when it occurs, will finish the economy and asset prices off.

And maybe our form of government.

You're welcome -- now are you going to do what you can to stop being one of the dead?

That is the only remaining question because we've already answered whether or not you'll do whatever is necessary to stop the corruption in DC generally and in the medical field specifically -- and that answer is no.

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Eli
Posts: 8481
Incept: 2007-09-10

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I think once again you are hitting the nail on the head.

But my gosh type II diabetes pisses me off. It truly is the poster child for what is wrong with American health care. Just yesterday I was leaving my neighbor hood and there was family gathered for Easter and there were about 10 adults out side, and every single one of them was over 250 if I had to bet, ****ing ridiculous. Around them were a couple of little kids there were heading down the same road.

Sorry, if you get diagnosed with type II diabetes and six months after that you have not changed your diet and lost weight that is your own damn fault. The system we currently have is get diagnosed change nothing and then put the costs of your own damn fault on me. **** that!


It was unheard of for kids to get type II, now?
Look at this ****, love the picture. I can guarantee a cure for type II diabetes in children with zero drugs, it involves a dog kennel and tread mill.
http://www.diabetesforecast.org/2012/nov....

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If you want a vision of the future, imagine a boot stamping on a human face - forever.
George Orwell

Goforbroke
Posts: 6936
Incept: 2007-11-30
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Drain the Swamp!
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Introduced in the Ohio House on March 7 ...

https://www.legislature.ohio.gov/legisla....

Quote:
A C O N C U R R E N T R E S O L U T I O N

To urge Congress to continue its efforts to fully repeal
the Affordable Care Act and to recommend that future
federal health care policies restore power to the
states, fund the Medicaid program through block grants
to individual states, and permit the sale of health
insurance across state lines.

BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF
OHIO (THE SENATE CONCURRING):

WHEREAS, As fellow Ohioans we share your concern for the
health and prosperity of the citizens, families, and businesses
of our great state; and

WHEREAS, The Affordable Care Act has led to double-digit
premium increases, loss of patient access to the health care
professionals who they choose and trust, and decision-making
being taken out of their hands and put into the hands of
government; and

WHEREAS, The Affordable Care Act has led to uncertainty
among health care professionals and providers about the future
of their professions; and

WHEREAS, The Affordable Care Act places burdensome
restrictions upon business owners that prevent them from growing
their companies and creating jobs; and

WHEREAS, The Affordable Care Act has affected Ohios state
budget negatively, including through an expansion of the
Medicaid program that resulted in billions of dollars of
additional spending; and

WHEREAS, The Affordable Care Act is an unprecedented
federal overreach, stifling state-level solutions and innovation
that truly have the opportunity to empower patients and
providers in our state and increase the quality of life for all
Ohioans; and

WHEREAS, Congress recently voted to advance the cause of
the repeal of the Affordable Care Act and is to be commended for
that action; and

WHEREAS, The Tenth Amendment of the United States
Constitution enshrines the principles of federalism, a
cornerstone of our republic; now therefore be it

RESOLVED, We, the members of the 132nd Ohio General
Assembly, urge Congress to continue the work to quickly and
fully repeal the Affordable Care Act in its entirety; and be it
further

RESOLVED, We urge that any new federal health care policies
restore power to the states, and further recommend that Medicaid
be block granted to the states and that the sale of health
insurance be allowed across state lines; and be it further

RESOLVED, That the Clerk of the House of Representatives
transmit duly authenticated copies of this resolution to the
President of the United States, the Speaker and Clerk of the
United States House of Representatives, the President Pro
Tempore and Secretary of the United States Senate, and to each
member of the said Senate and House of Representatives from this
State.

Will this have any legs?

Inline

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Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our Light, and not our Darkness, that most frightens us. -- Marianne Williamson
Tickerguy
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Gee, where's the requirement for providers to post prices and bill everyone at not only the same price but the posted price?

Absent hardcore trust-busting I'll bet my prognostication holds. Not because government wants to but because it will be forced to.

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Winding it down.

Aztrader
Posts: 7755
Incept: 2007-09-10

Scottsdale, AZ
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The food stamp program literally allows people to poison themselves with processed crap and would be a good place to start to get these people healthy again. I am betting that a large portion of the folks on Medicaid are either diabetic or pre-diabetic due to a crappy diet enabled with their food stamps.
Anyone that has watched politics in the past 4 decades know that the left uses these handouts to entice votes for their parties. The second benefit is that they keep them addicted to poor eating habits making them sick and dependent on more government programs. I bet today if I went up to the grocery store, it would be flooded with diabetics looking for half priced Easter candy.
I spoke to a clerk at our local store and asked him if they see much food stamp use here and he told me that they see a lot of it. I live in a fairly wealthy area and am surprised to hear this. He also told me that he has seen cards with thousands of dollars of credits on them because they roll over every month.
I would think that all social services need to do is cancel anyone with a card that carries a substantial balance because they obviously don't need subsidized food. When people get the stuff for free, they will use it in in the bakeries and the chip aisle and this is why they are all rolling around in those electric carts.
Our own government supports diabetes through this program and can stop the flow of crappy food by limiting what can be purchased. Think about the billions that is being spend on Medicaid to service these sick people that could be saved if they didn't spend so much time at the doctors.
Of course the lobbyists for the food companies would have a hissy fit if this happened.....
Goforbroke
Posts: 6936
Incept: 2007-11-30
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I sent Goodman and the primary co-sponsor) a modified copy of "my" letter with supporting documentation. He is first term, first year. Worked as an aide for Jim Jordan for several years. I met with him a couple of weeks ago through a mutual friend regarding computer-based testing in schools. We'll see if he responds.

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Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our Light, and not our Darkness, that most frightens us. -- Marianne Williamson
Flappingeagle
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Given human nature and the nature of human systems, I don't think that reform is possible. We are going to hit some wall of some sort and have a crash. How that crash will unfold is a mystery. The government could let people die, it could try to finance healthcare to the destruction of the currency, basically the Federal Gov seems to be able to get away with anything it wants to today. The only thing that will stop Fed Gov is a hard crash into a harder wall.

Flap

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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
No sign that housing, equities, or farmland are in a bubble- Yellen 11/14/13
Trying to leave the Rat Race to the rats...
Tickerguy
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Quote:
The government could let people die, it could try to finance healthcare to the destruction of the currency

That doesn't do anything, as I pointed out.

Yes, they could try it, but I don't think they will simply because of the enormity of the numbers involved. Bush did it in '08 with Obama inbound because at the time it had a horizon on it and the medical side was half what it is now.

In other words a trillion dollar deficit was a "couple of year" thing that had a terminal point (we're "bailing out" the economy) and thus while it was ugly, it was, they believed, doable.

This time it will be nothing of the sort. Medicare + Medicaid will be $2 trillion a year and rising at 9% compounded forever when they try it. In other words, at the time it's $2 trillion a year and a trillion of deficit ($600 billion more than now), but it's not a year or two, it's perpetual and in another five years it will be roughly $3.5 trillion a year and going up at $600 billion annually!

There's utterly no way that will be "accepted" by the markets.

THERE'S NOT A PRAYER IN HELL THAT WILL PASS THE SNIFF TEST FOR EVEN ONE TRADING DAY.

It won't happen, and that means the ONLY other possibility is to cut people off, "hard stop" style.

IMHO you're going to start to see the edges of this THIS COMING YEAR when the new Obamacare policies come out. It won't suddenly appear if you're paying attention, but most people aren't. THEY will get it "suddenly" only because they didn't pay attention to the creep until it got to them, but the "zero option" counties will start this coming summer and fall, and that's the tip of the spear headed right for your *******. The Medicaid (in particular) side of it is going to get VERY ugly because there's already a problem finding places that will take it, and that's going to go to near-zero as the funding squeeze tightens.

If they pass a health "bill" that block-grants to the states then they're just shoving a good part of the destruction on the STATE budgets, as I've previously pointed out. That has a very short half-life (perhaps a couple of years) before the STATES wind up having to throw up on it, since they cannot run budget deficits formally and they run out of tricks FAST trying to hide it.

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Winding it down.
Traderdoc
Posts: 24
Incept: 2009-12-26

Morrison, IL
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there is one huge problem that I have not seen directly addressed. The same problem with real estate, cars and education.

Medicine, hospital corporations, insurance, pharma - they have all been hugely financialized. Now that Wall Street is intimately and pervasively involved, we have stock holders, and bonds issued, and assets hypothecated - and there is no getting out of that without systemic failure. Selling across state lines, posting prices, equal billing will tinker around the edges only - though I agree those things are needed.
Vernonb
Posts: 1761
Incept: 2009-06-03

East of Sheol
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Quote:
Will this have any legs?


Unlikely.....

This is disgusting and a DIRECT result of the 17th amendment. Here we have a State Legislature literally begging for consideration by Washington due to the fact state's CONCEDED their power with the 17th amendment. The states are no longer masters of their own destiny. Now they are asking for the 'sovereign's permission?!

How does it feel to know you and your people are slaves Governor?

Where's the freaking OR ELSE - like mobilizing national guard to first evicting/imprisoning all federal officers in the state and then taking back their government?

AZ...
Junk food is the #1 item purchased by people on food stamps with soft drinks leading the list. Milk is the #1 purchased by people w/o food stamps.

I always wanted to roll the AG department to use fallow lands to grow food for this purpose to directly distribute. Tax payers pay twice due to the 'credit' issued by food stamps - one directly (taxes) and in the other through the price increase due to demand created by this 'credit' program.

No highly processed food or junk foods should have ever been allowed on that program.




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"Mass intelligence does not mean intelligent masses."
Flappingeagle
Posts: 2571
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Quote:
Yes, they could try it, but I don't think they will simply because of the enormity of the numbers involved.


I'm going to disagree with you on this one. Unless the "Freedom Caucus" steps up and is able to block it the rank-and-file Ds and Rs will do everything possible to make no meaningful changes. They will simple ride it into the ground blaming each other all the while.

Quote:
There's utterly no way that will be "accepted" by the markets.

That could very well be the wall that I mentioned. At some point the markets, or the people, or math will call shenanigans on the Ds and Rs and we will get a crash.

The coming crash is like Judgement Day in the Terminator series: unavoidable.

Flap

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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
No sign that housing, equities, or farmland are in a bubble- Yellen 11/14/13
Trying to leave the Rat Race to the rats...
Tickerguy
Posts: 148485
Incept: 2007-06-26
A True American Patriot!
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Quote:
I'm going to disagree with you on this one.

It's not about what I think, it's about what THE MARKETS will accept.

And the markets won't. It's not a question or a possibility, there is no possible way.

It's not going to happen, and if you are in ANY WAY expecting that it will you're ****ed.

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Winding it down.
Hstella
Posts: 688
Incept: 2009-08-18

Colorado
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WIC used to at least restrict benefit use to unprocessed foods.
I am definitely buying this book after listening to an interview with the author:
http://www.wheatbellyblog.com/category/u....
It's pretty unusual for a cardiologist to make such a scathing attack on the medical industry, but 6 years after writing wheat belly to see so little change.
The quoted paragraph below is from his website:
"The modern epidemic of type 2 diabetes is a perfect example, a largely man-made phenomenon that cannot be blamed on genetic defects, viruses, or bad luck. Despite numerous clinical studies demonstrating that dietary carbohydrate restriction dramatically improves blood sugars, even reverses diabetes all the way to non-diabetes in many, if not most, people, this information is almost never shared with the 30 million people who have been prescribed various drugs to reduce blood sugar. Watch television and you will see why: diabetes drug treatment is booming and drives the conversation. Drugs like Toujeo, Januvia, Invokana, Farxiga, and Jardiance dominate TV and print ads, dominate sales pitches of a very clever and well-trained pharmaceutical sales force, and thereby dominate the prescribing behavior of physicians. And who makes generous contributions to the American Diabetes Association that advocates liberal intake of foods that raise blood sugar, i.e., carbohydrates? Diabetes drug manufacturers such as Novo Nordisk, Sanofi, and AstraZeneca.
Studies have demonstrated that type 2 diabetes is readily reversible in many people. I have helped reverse this condition back to normal in thousands of people. I was a type 2 diabetic myself 20 years ago but do not have diabetes any longer and enjoy perfect blood sugar (and hemoglobin A1c) values. But what value do former type 2 diabetics provide to the healthcare system? None. Off drugs, with dramatically reduced risk for numerous complicating health conditions, reduced need for hospitals and procedures, former diabetics are worthless to a system interested in growing revenues."
Tickerguy
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Quote:
Studies have demonstrated that type 2 diabetes is readily reversible in many people. I have helped reverse this condition back to normal in thousands of people. I was a type 2 diabetic myself 20 years ago but do not have diabetes any longer and enjoy perfect blood sugar (and hemoglobin A1c) values. But what value do former type 2 diabetics provide to the healthcare system? None. Off drugs, with dramatically reduced risk for numerous complicating health conditions, reduced need for hospitals and procedures, former diabetics are worthless to a system interested in growing revenues."

EXACTLY.

And when the "growth in revenues" bankrupts the country YOU WILL ****ING DIE if you haven't reversed your condition BEFORE THAT HAPPENS.

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Winding it down.
Sondergaard
Posts: 722
Incept: 2007-07-13

Big Trees
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The counterargument I've been hearing is this:

The national debt about doubled under GW Bush, to about $10 trillion. Interest rates went down.

The national debt about doubled again under Obama, to about $20 trillion. Interest rates went down.

So, say Trump has 8 years, and in those 8 years the national debt about doubles again, to $40 trillion. Saying that interest rates will go UP is basically saying "this time it's different".

How do I respond? I have no idea how the US managed to quadruple its total debt load in 16 years while maintaining a strong currency and suppressing interest rates. So I don't know what to say to people who think this dynamic can continue.

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I have squandered my resistance for a pocketful of mumbles - such are promises, all lies and jest - still, the man hears what he wants to hear, and disregards the rest. --Simon & Garfunkel, The Boxer
Tickerguy
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Quote:
Saying that interest rates will go UP is basically saying "this time it's different".

How do I respond?

Who says "this time it's different?"

You're asking the wrong question and if you don't understand why by now, having been here since 2007 and having had me explain it something north of 100 times in over 10,000 articles I can't help and I'm tired of beating my head against the wall with people who refuse to actually READ what's written!

It is exactly that sort of reply that is WHY after 10 years I've concluded that it's not worth attempting to write on these topics any more. NOBODY BOTHERS TO READ 90% of it -- they have their bit of dogma, they stick to it, and IGNORE anything that doesn't mesh with it EVEN WHEN IT IS IN THE SAME ARTICLE ONE SENTENCE AWAY.

Today the /DX is right near 100. If you bet on it going to 40 from 60 you've lost 60% of your money and that's if you didn't use any leverage! Congratulations. Likewise if you were convinced gold was going to breach 2,000 and scream higher to $10,000 and bought into that rampjob in 2011.

You might note that back in the 2007 timeframe I was pretty convinced that the /DX was going to 40. Well, it reversed. Instead of sticking with my beliefs which were clearly wrong I looked at why and figured out the reason for the difference between expectation and reality, then adjusted for that. It wasn't hard to do IF YOU BOTHERED TO LOOK AT MORE THAN THE ONE SENTENCE OUT OF TEN THAT MESHED WITH WHAT YOU WANTED TO HEAR.

So good luck to 'yall, because despite the TOPIC of this thread I PREDICT THAT THOSE 30 MILLION WILL DIE because once again NOBODY IS GOING TO READ BEYOND THEIR DOGMA just as was amply demonstrated by someone who's been here SINCE 2007 AND YET HAS FOUND THEMSELVES INCAPABLE OF DOING SO.

smiley

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Winding it down.

Zappafan
Posts: 2893
Incept: 2007-11-30

Atlanta
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Karl, nice insight about Roberts. A lot of people really scratched their heads over that one. It made no sense for him to side with the liberals and there was a lot of speculation that someone got to him, maybe blackmail or threats. It makes sense that he put the fix in after some kind of side-bar discussion.

My only thought to add is that they always try to "grow" their way out of the problem. Obviously with an aging population that still won't work, and we haven't seen anything like 9% GDP or population growth even with fudged statistics in a generation.

Bringing in more immigrants is IMO probably a related attempt to get a younger, healthier population into the mix. We already see it in practice in Germany and Sweden. Politicians care little about the societal side-effects like their daughters being******targets and Sharia law. If nothing else it buys them a little time. When you tie this together, it suddenly makes sense why the Arab "spring" happened. It was an attempt to destabilize the entire region and force migrant flows out of the ME into declining Western civilizations.

Combined with letting older folks with diabetes "just die" in the fashion you suggest, it does not exactly point to a very nice future for us. If that doesn't get folks to protest, then I give up.

Ultimately I would say that just like diet and health, if you refuse to take responsibility for being active in a Democracy, you get what you deserve. Thanks for giving us a heads up. Five years will go by faster than we think.



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Ich bin der Tankendau!
Tickerguy
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Quote:
Combined with letting older folks with diabetes "just die" in the fashion you suggest, it does not exactly point to a very nice future for us. If that doesn't get folks to protest, then I give up.

Those who think they'll be ok because they own stawks and houses and aren't diabetic are in for a ****ing shock.

When 10% of the population dies within a rolling 3 year period your house price will collapse by 50% and the bond market, which underwrote all those mortgages, will blow up too. Stock prices will collapse 70% OR MORE.

Oh, and gold will collapse too.

Now what?

Yeah.

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Winding it down.
Hstella
Posts: 688
Incept: 2009-08-18

Colorado
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Stuart McGill (Canadian spinal mechanics researcher, wrote "Back Mechanic" for a lay audience - I will be buying that one, too) confirmed in an interview on StemTalk podcast that the US frequency of spinal surgery is 5x that in the UK. The genetics of the populations just aren't that different.
Jules
Posts: 91
Incept: 2009-04-18

Pickled in the brine of futility
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Hstella, Dr Davis' book is excellent! May I also recommend Dr Jason Fung:
https://intensivedietarymanagement.com/b....
Karl and Dr Fung changed (read: saved) my life.


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███████ everything ████ ████ ██ is █ ██████ ██ fine ██████ █████ ███. █
Drifter
Posts: 98
Incept: 2016-02-11

Pacific Northwest
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If you want your eyes pop out of your skull, pull a diabetes cookbook off the shelf and peruse.

I've often wondered about slapping the medical/dental cost of sugar and wheat as taxes on those industries. Let the cost of sugar be $50/lb.

Sonder-- the 'bezzle will continue until it can't. Then America will suffer the mother of all algebra lessons.

Themortgagedude
Posts: 10251
Incept: 2007-12-17

saint louis
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Now what? Guess I'll raise chickens.

Not quite what I had planned for my last 30 years but why not.

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I think its time we ask ourselves if we still know the freedoms that our founding fathers intended for us. Ronald Reagan 1964
Flappingeagle
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Quote:
When 10% of the population dies within a rolling 3 year period your house price will collapse by 50% and the bond market, which underwrote all those mortgages, will blow up too. Stock prices will collapse 70% OR MORE.


Prices are always determined at the margin and when you combine that with the horrendous leverage/debt load in our system you will get the mother of all crashes.

Quote:
Saying that interest rates will go UP is basically saying "this time it's different".


Saying that the debt can double again and interest rates can go up at the same time is the same as saying that you believe in the Tooth Fairy, Santa Claus, Unicorns, and all other mythological creatures. So yes, if you are saying "this time it's different" in the cynical way you are right on the money because its not.

When the Market decides to call bull**** I predict that it will all fall apart in a week's time. Once the rush starts there will be no stopping it.

As for diabetes cookbooks, I have a friend who was diagnosed as Type II 2 years ago. He's lost a lot of wieght, down to where he's the appropriate weight, but he still eats rice, beans, whole wheat bread etc and checks his blood 2x per day. I've tried and tried to get him to take a look at LCHF but he just says "I'm following the American Diabetes Association suggested diet."

It is not like I haven't tried talking to people about diet, debt, the coming crash, etc, it is just that they don't want to listen.

Flap

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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
No sign that housing, equities, or farmland are in a bubble- Yellen 11/14/13
Trying to leave the Rat Race to the rats...
Patriarch
Posts: 1167
Incept: 2007-10-18

your account summary
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They'll start with dialysis patients above the age of xx. Any idea how expensive that form of life support is? Any idea how many 'undocumenteds' scamper to here just for that? And stay? Free medical for all!
Full Medicare benefits should NOT be bestowed upon immigrants that never put any money into the system. That, too is rampant. It's just another scam by politicians to get votes now while their children's futures burn. Talentless hacks.

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Our elected take an oath to serve. Time to add: I will not serve in a capacity which I am not able to comprehend or am incapable of by mental defect of any kind, nor will I use the excuse of intellective deficiency if found in violation of this oath/affirmation, which backs charging wayward politicians with treason.
Tickerguy
Posts: 148485
Incept: 2007-06-26
A True American Patriot!
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Quote:
They'll start with dialysis patients above the age of xx

Actually, they'll start with dialysis patients who have no prognosis of ever coming off it other than by transplant (e.g. not caused by temporary factors such as chemo) irrespective of age.

Most, but not all, of those people are there due to Type II diabetes.

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Winding it down.
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