Transcript for 12/18/24: GOLD COMMONSENSE AND MURPHY’S LAW W/ ALAN JOHNSON

The globalist economic war plan is underway, and many nations are now in government limbo nearing the nadir and we can only stand as a witness to global economic legacy systems being gutted by design.

If we notice now governments are investing in gold reserves and of course, Bitcoin's values continue to soar. It is important to understand how this signals things to come and how 2025 will be the year we start seeing the controlled demolition of the world economy. 

Legacy money systems will be abolished and the plan is to devalue the dollar as the default currency. We will witness the pillars that hold the financial world together crumble and fall to make way for the great reset.

Conflicts between East and West are only going to grow given the existing conditions, and the calls for a dollar alternative are going to continue. There’s not much Trump can do about that. We also have to keep in mind that globalist institutions like the IMF and BIS are getting ready to introduce CBDCs and cashless systems that would limit the dollar’s global influence by default.

When globalists pontificated endlessly about a “Great Reset” during the pandemic era, what they were talking about was primarily an economic reset and a currency reset.

Klaus Schwab of the WEF stated ‘Now is the time for a great reset of capitalism’, and this event was supposed to precede a global shift into a cashless system.

There can’t be a global currency reset without the dollar being demoted. There can’t be a reset without a reversal of the old legacy systems that have worked.

Everything is working against the dollar right now, and there are a lot of people out there who question if it’s even worth saving. 

This way instead of Gold, Frankincense, and Myrrh this Christmas, people are diversifying with Gold, Common Sense and thinking about Murphy's Law.

Yes, things can go south really quickly and everyone should be prepared.

It’s impossible to keep the dollar in a position of global dominance when every element of geopolitics is working against it. 

We can only hope that President-elect Trump is drafting a plan to backstop our currency system with hard commodities to prevent greater inflation and ensure that the US can manufacture all our necessities domestically.

As I have indicated during this time of political purgatory, the country has been left in the hands of an absentee landlord.

There have been online podcasters who have accused Joe Biden of quietly quitting his position in the final days of his Presidency. He has done a lot of things to set up the next administration for failure and now lo and behold we are now seeing what can be seen as a roller coaster economy.

Biden’s low profile since the election has contributed to the sense of rudderlessness that’s taken hold -- he recently appeared briefly to discuss the drone hysteria where he barely could parrot the talking points of everyone that is involved in the denial and psychological operation.

“There’s a lot of drones authorized up there,” Biden said. “I think one started it and they all — everybody wanted to get in the deal,” he opined, presumably referring to a “copycat” theory that has been floated as a possible source for the deluge of drone sightings.

Biden’s statements echoed his administration’s assertion that the public needn’t worry about the unidentified flying objects, which it claims are mainly manned aircraft.

But what is not being addressed is that people are now becoming a little wary and unsure about the starting gun firing on the next president's rat race.

It appears that with no one piloting the ship, the rats are either jumping ship or winning the race.

It is no secret that President-elect Trump will have a very hard job in the coming years trying to undo what has been done especially now that the economic future of the country seems murky.

Murphy's Law is the observation that if anything can go wrong, it probably will go wrong.

Nothing is certain and I really do not trust the media to be too merciful or truthful when 2025 rolls around and we are back to square one where Trump will have the task of rebuilding a damaged economy and the damaged morale of the United States.

The system thrives on coercion, fear, and the risk of choice. At its core, this structure relies on convincing you that compliance is your only option.

Just go along with it we are told -- the more you suffer the more you show your patriotism and support but are we truly supposed to buck up and remain enslaved because we are being starved to death is the system too big for us to get it to work in our favor?

Survival is going to be hard work in 2025 and no matter how hard we resist the pain -- we are going to have to either endure it or try our best to prevent it.

People like to argue that they have no choice. But there is always a choice, even if it comes with risks. This is where the state’s true coercion lies—not in the absence of options, but in the consequences of defiance. 

Fear of punishment keeps people compliant, and locked in a cycle of obedience that prioritizes survival over ethics. Choosing to opt-out means accepting those risks and reclaiming your autonomy. It’s not easy, but it’s necessary. The alternative is to remain shackled, perpetuating the system that thrives on violence, control, and exploitation.

It can be said that the difficulty will be in trying to avoid having apocalyptic morality -- something we have seen many times depicted in these apocalyptic-themed movies and TV shows.

We are already witnessing some of this morality at play with the recent shootings and extra-judicial executions that deprive people of their due process.

More and more we are seeing excuses being made for the funding of bombs dropped on innocent civilians, campaigns of violence masquerading as diplomacy, and the erosion of basic liberties—it becomes impossible to remain moral and complicit. You cannot claim to value freedom while supporting it with your dollar.

That dollar of course is losing its value and is certainly holding on until the other countries of the world devalue it to near zero.

We are certainly on the road to this option as the world wants to centralize banking and create a digital token society where cash is eliminated completely to monitor your spending and punish you for non-compliance.

A recent survey conducted by Empower, on September 13–14, 2024, asked 2,203 U.S. adults to define financial success in terms of annual salary and overall net worth.

The survey revealed that the average American believes a yearly salary of just over $270,000 is enough to achieve financial success. However, generational perspectives vary widely:

Gen Z born 1997–2012 feels they need nearly $600,000 annually to reach financial success.

Boomers born before 1964 estimate they can achieve success with salaries just under $100,000 a year.

The average salary in the U.S. is $63,795, according to the latest data from the Social Security Administration.

Interestingly, from a net worth perspective, Gen Z believes a $9.5 million net worth is indicative of financial success—a figure that is nine times the average net worth in the country.

According to the survey, 47% of Americans believe they’ll never achieve the level of financial success they desire. Only 37% of respondents consider themselves financially successful right now, with men 42% being more likely than women 33% to feel this way.

In addition, just 50% of Americans believe they are or will be better off financially than their parents.

Oh to be young again-- thinking that the world can be tamed and that every dream will be fulfilled -- I had a dream too, I believed that if I worked really hard I would be better than my parents.

My Parents had a house and two cars-- my father was a road construction worker-- we got by but certainly the economic situation appeared to be better --even though we can look back and understand that perhaps the inflationary rate we are seeing right now can be compared to what we experienced during the years of Richard Nixon.

It was worse with Ford -- and Jimmy Carter is a president that till this day we ask "what went wrong?"

With such a politically fragmented society today it certainly is hard to understand how Gen Z and others are going to have success in this unrelenting future where dreams are shattered as a matter if principle.

If the workforce doesn't earn enough to have surplus earnings to spend on the enormous output of an industrial economy, then the producers cannot sell their goods/services at a profit, except to the few at the top as luxury goods--and that's not an industrial economy, it's a feudal economy of very limited scope.

The pillars that hold a sound economy are cracking under the pressure of a world order that wants to abolish the cash system and eliminate the dollar as the reserve currency.

The purchasing power of wages has been declining for almost 50 years, since the mid-1970s. This means the workforce's surplus earnings have bought less and less of the economy's output.

The pillars of consumer credit and federal borrowing are reaching intrinsic breaking points, and so everything is now depending on the asset bubbles in housing and stocks to keep inflating phantom wealth at rates high enough to support more borrowing and spending.

The problem is all asset bubbles pop, despite claims that "this is a new era." That was widely held in March 2000, too, just before the dot-com bubble burst and the Nasdaq fell 80%.

Over time, low interest rates are unsustainable, despite claims to the contrary, and the interest paid on the state's vast borrowing consumes so much of the state's revenues that it starts limiting how much the government can spend. Once state spending stagnates or declines, this pillar breaks, and the economy crumbles into recession/depression.

In other words, depending on the government to fill the gap between wages and the economy's output is a self-liquidating system.

Relying on the ceaseless expansion of credit based on the declining purchasing power of wages is also a self-liquidating system, as the number of marginal borrowers steadily increases, as does the volume of marginal loans issued by lenders. 

Marginal borrowers default, triggering losses that push lenders into bankruptcy. This is a self-reinforcing cycle, as the economy rolls over into recession as credit contracts. More workers lose their jobs and default, more loans become uncollectible, and so on.

Asset bubbles concentrate the newfound wealth in the top 10%, exacerbating wealth-income inequality and pushing those left behind to gamble in an increasingly speculative financial sector as the only available means of getting ahead. Speculation is also a self-liquidating system as risky bets eventually go bad and the losses trigger a self-reinforcing feedback of selling assets to raise cash which then pushes valuations lower, triggering more selling, and so on.

All three of these pillars propping up the economy are self-liquidating systems, and they're all buckling. Federal borrowing is pushing up against the limits posed by the interest payments on soaring debt. Credit costs are rising and cannot return to near zero due to inflationary forces. All asset bubbles eventually pop, and the higher they ascend, the more devastating the collapse.

Wages' share of the economy has been in structural decline since 1975.

The last four years have been an economic nightmare for most Americans, and that is one of the primary reasons why Donald Trump won the election. But as we approach 2025, things are starting to get frighteningly bad. When the number of job openings in the U.S. drops by 2 million or more, that normally signals that we are either in a recession or that one is about to happen. 

Not too long ago, there were about 12 million job openings in the United States. Unfortunately, here in the second half of 2024 that figure has fallen below 8 million.

Meanwhile, major employers continue to shed workers all over the nation.

For example, the U.S. lost a total of 78,000 manufacturing jobs during a recent three-month period from October.

Every day, there are more layoff announcements in the news, and the number of people filing initial claims for unemployment benefits increased much more than experts were projecting,

I will be willing to bet that once we get past the holiday season, retailers are going to be dropping like flies. This Christmas season it will be make or break for retailers with more and more people shopping on the internet -- it is going to be hard to see stores and companies declaring bankruptcy after a four-year struggle to keep their heads above water.

Overall, thousands upon thousands of retail stores in the U.S. will be shuttered in 2024, and thousands upon thousands will be shuttered in 2025.

In many areas of the country, the landscape is absolutely littered with once-thriving businesses that have now been boarded up.

Again we cannot forget how this has happened and who was quietly quitting when the boats that keep our economy afloat have now taken on water.

The captain of this sinking ship has leaped overboard -- and we now have no one steering it.

The bottom levels of the economic food chain are getting absolutely crushed.

In a desperate attempt to stay afloat, many Americans are piling up staggering amounts of debt. According to the New York Federal Reserve, total credit card debt in the U.S. just reached another brand new all-time record high

The Dow Jones Industrial Average entered the history books Tuesday with its first nine-day losing streak since 1978.

The Dow’s losing streak began the day after it closed above 45,000 for the first time ever earlier in the month.

The Dow anomaly comes at a time when the broader market is doing well. The S&P 500 hit a new high on Dec. 6 and sits less than 1% from that level. The Nasdaq hit a record on Monday.

Driving the Dow’s losses has been a rotation into technology stocks and out of some of the more old-economy stocks that gained in November following the reelection of Donald Trump. Those stocks dominate the Dow, rather than tech.

What’s strange, however, is that Nvidia a new tech member of the Dow that joined in November, has also struggled despite the tech sector’s recent gains, slipping into correction territory Monday.

Tesla was higher again on Tuesday, though Broadcom lost 3.9%. 

Some officials are claiming that perhaps faith in the New Trump administration is already waning and yet he is acting more like a president than the current one.

Things are strange and that is an understatement.

Now that we are in Political Purgatory, conditions have only gotten worse. Many are hoping that our economic momentum can be reversed once the new administration takes over.

We should all be hoping that is true.

But right now we are on a crazy train that is steamrolling in the wrong direction, and that is not good news at all.