After spending three weeks with objective truth at the ranch, we are now forced to return to the world of myths, delusions, and claptrap.
Yes… we are in Buenos Aires looking at a TV!
And there they are… talking about the world of politics, money, culture… the world of Facebook and CNBC… of Trump and Clinton… of ZIRP and NIRP… and of Game of Thrones.
Some people don’t believe in objective reality. Descartes, for example. “I think, therefore I am,” he said, famously.
But he would have existed whether he thought or not. It wasn’t because he thought that he lived; it was the other way around. At least, we think so.
That is why we like life at the ranch. We don’t have time for Descartes. Objective reality presses against us like a fearful cow in the manga.
The sun. The wind. The drought. It hardly matters what you think. You have to live with it… adapt to it… and protect yourself from it.
When a bull charges you, or your horse throws you, it doesn’t matter what you think; whether you are a Republican or a Democrat… a Roman Catholic or a Buddhist… a prescriptivist or a descriptivist. You just have to do what you have to do.
But back in the more sophisticated, more civilized, more modern and technologically advanced world… it is all moonshine.
The bull is cut into pieces and sold at the meat counter. What matters is a subjective reality. What we think is, often, what we get.
Take the U.S. presidential primaries, for example.
Elections are real. But they wouldn’t exist if we stopped believing in them.
They are features of subjective reality… extravagant confections created by the human mind. Without our collective thoughts, we would have no elections… no candidates… no government… no president… nobody to tell us what to do.
The whole idea of it is monumentally blockheaded. Millions of people stand in line to cast their votes for someone whom almost none of them knows, whose policies few of them understand, which may or may not be pursued, and with consequences that are usually unknowable.
Then, the person chosen by this process gets to tell us what to do!
The voters elect a man who pledges to keep them out of the war; the next thing you know, he’s sending the “doughboys” to Europe.
They vote for someone who says, “Read my lips: no new taxes”; the next thing you know… they’re facing a tax hike.
Then, learning nothing from the experience, they put his son into the White House – a “fiscal conservative” who promises a “humble” foreign policy. A few years later, you turn around and find he’s run up the biggest deficits… and gotten us into the longest and second most expensive war in U.S. history.
The system is so riddled with preposterous hallucinations and outrageous conceits that it needs the “willing suspension of disbelief” on the part of practically every sentient human being in the nation to hold it up.
If they ever caught onto what a scam and a farce it is, the whole thing would fall in a heap. There is no objective reality to it. It is all “lies, lies, lies,” as Republican frontrunner Donald Trump would say.
“Trump is fantastic,” began a conversation with a group of Americans last night.
“When he started his campaign, people thought he was just a spoiler or a buffoon. But now, I believe he’s going to win the White House. Nobody likes Hillary.”
“I thought the polls showed Hillary winning by a landslide,” we replied, a bit behind the news cycle.
“Want to bet?”
At our table of six Americans, at least four were so sure that Trump would take the White House that they were willing to put money on it.
“Look, a lot of his program is amateurish and silly. But he understands the soul of the American people much better than Hillary. Just wait until he starts going after her.
“Hillary has never had a job. She has a long history of corruption. She has no idea what life is like for ordinary Americans. And those Sanders voters… they’re never going to go for Hillary. Hillary is an insider, through and through. The Sanders voters, like Trump voters, want an outsider.
“And there are now as many millennials as there are baby boomers. The boomers may go for Hillary. She’s safe. She’s practically the definition of the Establishment. She’ll protect Social Security and free pills.
“But the millennials know the system is screwing them. They will have to pay for it… to keep us old f**** living in the style to which we’ve become accustomed.”
Addicted to Illusions
Hillary is the Deep State candidate. Mr. Trump’s relationship to the Deep State has yet to be determined.
All we know for sure is that his recent foreign policy speech must have upset the neo-con empire builders, the beribboned pencil pushers at the Pentagon, the think-tank heroes, and New World Order enforcers.
Mr. Trump said, in effect, he could turn the country’s attention back to its interests.
“America first,” Trump says, echoing a foreign policy theme not heard for half a century. “After Reagan, our foreign policy began to make less and less sense. Logic replaced with foolishness and arrogance, which ended in one foreign policy disaster after another.”
The elite won’t like that. They caused those disasters. They profited from them. They want them to go on.
The elite depend on the illusions of the system – especially, the scammy, credit-backed dollar – for the objective reality of their jobs, their wealth, their reputations, and power.
They won’t give up easily.
Source: Bonner and Partners
Who is Bill Bonner?
Bill Bonner founded Agora Inc. in 1978. Since then, it has grown into one of the largest independent newsletter publishing companies in the world.
Bill also co-wrote two New York Times bestselling books, Financial Reckoning Day and Empire of Debt, In his latest book, Hormegeddon, Bill describes what happens when you get too much of a good thing in the sphere of public policy, economics and business.
This new newsletter is unlike anything else published in America today. Now in this industry, Bill Bonner has agreed to share his secrets and insights every month.
It’s like having a super-wealthy uncle share his best ideas, insights and wisdom about business, relationships, investments, trends, developments, ideas and more.
Just like Bill’s new book, Hormegeddon, this new newsletter, The Bill Bonner Letter, could only be written by a man with his wealth, accomplishments, and experience. Someone who has started businesses all over the world… who has employed thousands of employees… who has made investments on five continents… who owns hundreds of thousands of acres of land… who travels well over 100,000 air miles every year… who has acquired more than two dozen businesses… launched over 1,000 products… and sees a dozen different business deals cross his desk every single week.
Bill isn’t a stock-picker. He’s not going to build a portfolio for you to follow. Instead, shares insights and ideas about how the business and financial worlds work. He identifies significant opportunities. He shows you where average investors are making big mistakes. He details opportunities he’s interested in personally, and what’s going on with his global business. In short, Bill opens a window to the world of the wealthy that you just won’t find anywhere else.
José Ricaurte Jaén is a professional trader and Guest Editor / community manager for tradersdna and its forum. With a Project Management Certification from FSU – Panama, José develops regularly in-house automated strategies for active traders and “know how” practices to maximize algo-trading opportunities. José’s background experience is in trading and investing, international management, marketing / communications, web, publishing and content working in initiatives with financial companies and non-profit organizations.
He has been working as senior Sales Trader of Guardian Trust FX, where he creates and manages multiple trading strategies for private and institutional investors. He worked also with FXStreet, FXDD Malta, ILQ, Saxo Bank, Markets.com and AVA FX as money manager and introducing broker.
Recently José Ricaurte has been creating, and co-managing a new trading academy in #LATAM.
During 2008 and 2012, he managed web / online marketing global plan of action for broker dealers in Panama. He created unique content and trading ideas for regional newspaper like Capital Financiero (Panamá), La República (Costa Rica), Sala de Inversión América (Latinoamérica) and co-developed financial TV segments with Capital TV.
He is a guest lecturer at Universidad Latina and Universidad Interamericana de Panamá an active speaker in conferences and other educational events and workshops in the region. José Ricaurte worked and collaborated with people such as Dustin Pass, Tom Flora, Orion Trust Services (Belize) and Principia Financial Group.