its honey pot. The result was political and economic dysfunction. Nobody could cut spending because the other side wouldn’t go along with it. “And who were the main victims? You’re hearing from them now. The young. Even the unborn. Depression, inflation, martial law, street fighting, repression... Young people couldn’t get jobs... and couldn’t cover their own living expenses. “We had to live with Mom and Dad... and yes, we voted for AOC because at least she promised to forgive our student loans and give us an income. And then Donald Trump cancelled our votes because it was a national emergency. “It was crazy. But it was your fault. Jerks... We spit on your graves...” We voted for AOC... And then Donald Trump cancelled our votes because it was a national emergency.
the best performer in the world in 2023, for example. “But it was all phony. All distortions. The feds were printing money and pumping it into the economy. We all felt richer, at first. The economy seemed to be picking up. But then, as prices continued up, we realized that it was no different from Zimbabwe... or Venezuela... or Argentina. “That’s when it got really rough. People were getting poorer and losing faith in the system. “This was at the end of Trump’s second term. The two parties had radicalized, with the Trump supporters on one side and the socialists of AOC on the other. They would each hold political rallies, and one side would attack the other. It was getting bad. Almost like a civil war. “You can’t hold an honest election in those circumstances. So Trump called another state of emergency. And he put into place that Chinese system of social credit. Everybody got a score. And if you were seen at a demonstration or you said something against the government, you lost points. Then, they’d cancel your credit card or take away your job. “It sounds harsh. But it’s probably a good thing he did it. Because things were getting out of control. Inflation was running about 40% per year. But what did you expect? You set that up... your generation.” ‘ITWAS YOUR FAULT’ “The retirees – your generation – weren’t going to agree to a reduction in benefits. And the military wasn’t about to surrender
Bill Bonner is the underground news mogul and founder of The Agora publishing company. He’s written the NewYork Times bestselling book Empire of Debt and most recently published Hormegeddon: HowToo Much of A Good Thing Leads to Disaster . He is one of the great writers and minds in America today and also publishes a free daily letter, Bill Bonner’s Diary , which you can sign up for here: bonnerandpartners.com.
American Consequences
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