'Health Care' will kill our economy!

 Fed "rate cuts" are not only impossible in this environment without triggering an inflationary explosion but in addition wouldn't solve anything because the problem is in health care, which of course "rate cuts" would do nothing to address.

From the description Dennis put up:

But the real bombshell comes when he breaks down America's healthcare crisis using a brilliant analogy about "bar insurance," showing how forcing everyone to pay for others' medical bills has inflated prescription drug costs by 10,000% compared to other countries. From a drug costing $60 in India versus $7,000 in America, to why hospital bills are astronomical, Denninger reveals the hidden mechanisms destroying American healthcare and explains why politicians refuse to fix a system that enriches pharmaceutical companies while bankrupting families. This is essential listening for anyone wanting to understand the economic and healthcare crises heading our way.

Come and get it right here: https://retirementlifestyleadvocates.com/podcast/episode/1/2025-07-06-retirement-lifestyle-advocates-radio-w-karl-denninger

 https://market-ticker.org/akcs-www?post=253590 

How the US Navy Lost the High Seas - Vox Popoli

 (This is what happens to those fighting DaLastWar with 1980s mindset. - CL)

https://voxday.net/2025/07/08/how-the-us-navy-lost-the-high-seas/ 

There isn’t any material reason why a naval power with prodigious resources can’t completely reinvent itself in the new mode that is replacing the old one. And yet, it doesn’t happen, for much the same reason that very, very few business innovations come out of the leading corporations in the industries they dominate.

Too many people and too many organizational processes are too heavily invested in the current way of doing things to make the shift to the newer way before someone else proves its utility and thereby obtains a leading advantage that usually turns out to be conclusive. Unfortunately, unlike leading corporations, leading militaries can’t simply buy out the innovators and incorporate them into their own operations.

International Crime & Money Laundering: Russia's Report

 .....I recall Larry Johnson saying in one of his chats that the major drug cartels couldn’t operate without the assistance of the major banks to launder their illegal profits. Michael Hudson has provided some very shocking and interesting revelations about US government involvement in that criminal activity. This excerpt is from an autobiographical interview made in 2018, although his writings and interviews are all sprinkled with this info:

That gave me the clue about what people these days talk about money laundering. In the last few months that I worked for Chase Manhattan in 1967, I was going up to my office on the ninth floor and a man got on the elevator and said, “I was just coming to your office, Michael. Here is a report. I’m from the State Department (I assumed that this meant CIA). “We want to calculate how much money the US could get if we set up bank branches and became the bank for all the criminal capital in the world.” He said, “We figured out we can finance, (and he said this in an elevator), we can finance the Vietnam War with all the drug money coming into America, all of the criminal money. Can you make a calculation of how much that might be?”

So I spent three months figuring out how much money goes to Switzerland, from drug dealings, what’s the dollar volume of drug dealings. They helped me with all sorts of statistics on that, and said, “We can become the criminal capital of the world and it’ll finance the dollar and this will enable us to afford the spending to defeat communism in Vietnam and elsewhere. If we don’t do that, the bomb throwers will come to New York.”

So I became a specialist in money laundering! Nothing could have better prepared me to understand how the global economy works! I had all the statistics, I had the help of the government people explaining to me how the CIA worked with drug dealing and other criminals and kidnappers to raise the money so it would be off the balance sheet funding and Congress didn’t have to approve it when they would kill people and sponsor revolutions. They were completely open with me about this. I realized they’d never done a security check on me. [My Emphasis]

 https://karlof1.substack.com/p/international-crime-and-money-laundering 

Blood in the Water, Blood on the Beach - Big Serge Thought

 Among the many memoirs left behind by participants in the First World War, a ubiquitous motif is a profound sense of disorientation. The experience of the war was starkly different, depending on what node of the command hierarchy one inhabited, but enlisted men, officers, and political authorities all generally shared a sense that Europe was gripped in a death machine which had escaped the control of man. Humble infantrymen at the front experienced this the most acutely, in the intense physical disorientation that accompanied sustained bombardment by modern artillery, and also in the creeping spiritual numbness that accrued from years of siege in muddy trenches filled with detritus, rats, and corpses.

For officers in the upper echelons, the disorientation of the war was characterized less by the physical disorientation of the front and its endless cacophony of gunfire and explosions, and more by the breakdown of longstanding assumptions about how to conduct military operations, with operational planners groping in ignorance for solutions. In hindsight, it is easy to write off the brutal and ineffectual offensives (particularly on the western front), as an exercise in butchery and ignorance. In real time, however, the armies of Europe were attempting to solve tactical and operational problems which nobody had ever confronted before, and nobody scored particularly better on this test than anyone else, particularly in the early years of the war. Ypres, the Somme, and Verdun all blend together into a dissipated veil of death.

Given the apparent senselessness of these operations, the mass casualties that they produced, and the gridlocked nature of a front that moved very little over timeframes measured in years, it is easy to think of World War One as a fundamentally sterile and static conflict. This would seem to be as true at sea as it was on land, with the costly battlefleets of the combatants fighting engagements that were few, far between, and indecisive.

https://bigserge.substack.com/p/blood-in-the-water-blood-on-the-beach?publication_id=1068853&utm_campaign=email-post-title&r=y7h5a&utm_medium=email 

Scientific Publishing: Enough is Enough - by Seemay Chou

 In Abundance, Ezra Klein and Derek Thompson make the case that the biggest barriers to progress today are institutional. They’re not because of physical limitations or intellectual scarcity. They’re the product of legacy systems — systems that were built with one logic in mind, but now operate under another. And until we go back and address them at the root, we won’t get the future we say we want.

I’m a scientist. Over the past five years, I’ve experimented with science outside traditional institutes. From this vantage point, one truth has become inescapable. The journal publishing system — the core of how science is currently shared, evaluated, and rewarded — is fundamentally broken. And I believe it’s one of the legacy systems that prevents science from meeting its true potential for society.

https://asterainstitute.substack.com/p/scientific-publishing-enough-is-enough 

Why You Can't Trust the Science - Vox Popoli

 https://voxday.net/2025/07/08/why-you-cant-trust-the-science/ 

The system will not, and cannot, be restored in a post-Christian society. Science is not only not incompatible with religion, it is incompatible with irreligion, because no amount of information or technology is an adequate substitute for a collection of zero-trust, amoral, and faithless scientists. When the incentives are askew and the moral brakes are removed, it should not come as a surprise that professional peer-reviewed and published science is already less reliable than a simple coin toss.

Science is just another casualty of the subversion and inversion of Christendom. Which is why the elites have already rejected science and reason in favor of the idol-worshipping, demon-pandering paganism of the pre-Christian world.

War Is a Certainty - (when all else fails! - CL)

 Recently, an associate offered the following observation with regard to the likelihood of war in the immediate future:

“The big guys like to play chess with the world. It’s the biggest game. The bankers need ups and downs and wars to make money. The military needs wars to exist. The politicians need both to exist.”

Whilst he was reiterating a concept we have discussed on many occasions, it occurred to me that I have never seen the subject defined so succinctly, nor so informatively.

Let’s break it down:

The bankers need ups and downs and wars to make money

Just as bankers increase their profit as a result of upward and downward economic fluctuations, so, too, do they benefit from war. It is not unusual for a given bank to finance those who would create armed conflict, and indeed, they sometimes bankroll both sides. Whilst banks have other means of making money, war is often more profitable than conventional banking.

https://www.lewrockwell.com/2025/07/no_author/war-is-a-certainty/