What the CEO of America’s Largest Mall REIT, Simon Property Group, Just Said about the Brick & Mortar Meltdown and How it’s Trying to Manage It
— Read on mailchi.mp/wolfstreet.com/what-the-ceo-of-americas-largest-mall-reit-simon-property-group-just-said-about-the-brick-mortar-meltdown-and-how-its-trying-to-manage-it
“The Democrats cannot reverse their declining trend since they peaked with FDR, and the Republicans cannot deliver the final death blow to the Democrats to put them out of their Marxist misery.” The computer was correct. There was no Blue Wave. The real interesting aspect is it appears we may have a Bearish Reversal elected in the Senate for the Democrats. While the Democrats won the House, they did not elect any Bullish Reversal and in fact, they may have continued the downtrend with winning control, but with a lower high once again. The one thing that is ABSOLUTELY guaranteed is there will be ZERO cooperation and everything will become even more obstructive now so we can expect the economy to decline going into the 2020 turning point on the ECM. The Democrats have vowed to seek impeachment and they will now have subpoena power to obstruct Trump and this will bring a swift end to Draining the Swamp. While impeachment is not likely, they will do the same as they just did in the Kavanaugh hearings and throw whatever allegations they can hope someone will believe them as they did before. They have vowed to force the release of Trump’s tax returns. All of this will be designed to make the 2020 Presidential elections far worse than any in the past. So expect nothing but obstruction. Running the government is no longer a priority. This is just going to be a grudge match from here on out and that is what the model has been projecting. Nothing but Panic Cycles and Directional Changes in politics and our models on 3rd party activity will constantly rise into 2024 as more and more people begin to see that the political situation has become hopeless. Many races are too close to call. So we will wait for the final numbers and update later when we have them. Then the trend will be confirmed – possible lower high in the House, and a Bearish Reversal in the Senate. If that holds, this was a very hollow victory for the Democrats and it confirms the political disintegration into the end of this cycle – 2032.95.
— Read on www.armstrongeconomics.com/international-news/politics/the-midterm-elections/
Oh, and Earth will be crippled by nuclear war and environmental catastrophes.
QUESTION: Do you think that robots will eliminate a lot of jobs in the future? EH ANSWER: Yes. But you have to understand WHY are we even turning to robots. The answer to that question is TAXES & SOCIALISM! The bottom line is rather blunt. Any routine job that can be replaced by allowing the consumer to choose their own order to be it at a fast-food store or the internet will be at risk along with jobs that are easily be defined by a mathematical or logic equation will be at risk in the future. Many companies are now limiting workers to 33 hours per week or less to simply avoid having to provide benefits and pensions. Health reform is ABSOLUTELY vital for the future. To be able to provide REASONABLE health care at a reasonable cost DEMANDS tort reform. This is what is driving the cost of medicine really high because the doctors have to pay huge insurance fees because of the lawyers. Turn on the radio and you hear ads for lawyers all the time. They are the NUMBER ONE occupation among those in Congress so you can bet they will NEVER provide tort reform against their own industry. This idea of universal health care is a real joke. They will make comparisons to Europe, but fail to explain that doctors work for the government in most cases. Obamacare really escalated the entire problem. What Obama pulled off was the idea that forcing the youth to buy insurance would reduce the cost for those who really needed it. There were ZERO reforms and just more bureaucracy. You cannot get the benefits without reforming the system. Then throw in the pension crisis. This is leading to growing part-time employment and makes robots VERY attractive to replace jobs because they do not require benefits and salaries. As for universal income, here we go again. This is another ploy where we keep trying to come up with schemes that support a system that is failing. Deal with the heart of the issue and just maybe we might get somewhere. Let’s eliminate the income tax and adopt a new system which will not make labor outrageously expensive.
— Read on www.armstrongeconomics.com/armstrongeconomics101/economics/why-are-robots-changing-the-future/
Are We in the Midst of Another Counter-Enlightenment? | The American Conservative
— Read on www.theamericanconservative.com/articles/are-we-in-the-midst-of-another-counter-enlightenment/
John Barleycorn 