The Hatred from the Left | Armstrong Economics

You can feel it in the air. We are heading into the collapse of government and a violent civil war because hatred is rising dramatically. The government is no longer capable of even functioning. The State of the Union was just an example. It did not matter what Trump said. The Democrats will not break party rank and will refuse to comply with anything. The government never acted like this until Hillary lost. Neither side will accept the election in 2020. Western society will crumble by 2032. There is no going back. This is how all empires, nations, and city-states have collapsed throughout history. The rule of law vanishes and what emerges is just hatred. The entire purpose of civilization is people coming together and working together for a common goal. We have lost all such common ground and both extremes are demanding subjugation of their opponents. This is why revolution unfolds. Neither side is allowed to exist. Each demands the other conforms to their ideas. This is why direct taxation destroys all civilizations for it allows one side to exploit the other. Here is one example of a person filled with such hatred who always sends hate mail to me. This is just a prelude to what is to come: The American white male lives in the American past, is ignorant of world history and revolution and glorifies his gun ownership like some cartoon cowboy but doesn’t really know what to do with his guns. He is totally devoid of ideas and lacks the depth to analyze true injustice and would rather go out and commit horrendous mass shootings because he has been brain-washed to support the actual people who are doing him harm. So kills innocent people or supports a Trump.
— Read on www.armstrongeconomics.com/world-news/civil-unrest/the-hatred-from-the-left/

I really don’t think the haters will prevail. Their doctrine is already forcing them to eat their own in Virginia. JohnBarleycorn

Why the Left Isn’t Convinced by Your Economics Arguments | Mises Wire

Among advocates for free-market activists, I’m often told that the unconverted will embrace free-markets if only we explain to them “good economics.”
— Read on mises.org/wire/why-left-isnt-convinced-your-economics-arguments

Too many on the left lack critical thinking skills and do not understand markets or wealth creation. This leads to a cognitive dissonance in regard to understanding economics. JohnBarleycorn

Student Loans – The Economic Time Bomb | Armstrong Economics

Trump should reverse what the Clintons did to student loans. He should RESTORE the right to go bankrupt. This huge problem was created by the Democrats who exempted student loans from normal protection for consumers. In addition, the bankers then exploited the entire issue by getting parents to co-sign. The entire argument for eliminating the right to go bankrupt was that they had no collateral. The FRAUD here is the bankers managed to get the Democrats to hand students to them on a silver platter. Then they then pulled a fast one by demanding parents co-sign. That way, they can take their parents’ house. The scary thing is that the generation of Americans over 60 years of age is on the hook for worthless degrees, owing $86 billion in student loan debt. True, some of these people owe for degrees they themselves obtained in hope of getting a better job. They have discovered that the degrees mean nothing and their age tends to scare companies because of pensions. The bulk of these people in the 60+ group had their kids late in life and co-signed for their children of which 40% are still living at home. Interest rates are not cheap and run from 5.05% to 7% annually. Compound that out and you will nearly double the cost of a degree by interest in 10 years. A number of major companies NO LONGER require a degree. Here are just a few. BTW – neither do we. Google Ernst and Young (EY) Penguin Random House Costco Wholesale Whole Foods Hilton Publix Apple
— Read on www.armstrongeconomics.com/markets-by-sector/interest-rates/student-loans-the-economic-time-bomb/

The only hold out will be the government. That will mean our government will be infested with brainwashed college graduates. John barleycorn