March 2, 2009 2 Comments
America, which is basically an idea, a concept, is dead and gone. The United States is just another of 200 awful little nation-states that have spread across the face of the earth like a skin disease. There’s no longer any difference that I can tell between the U.S. and any other country.
There is no real haven for freedom in the world today. The best you can do is go where the governments are so unorganized that they can’t control you effectively. That’s one reason I like to spend time in Argentina. They have an incredibly stupid government, but they’re also very inefficient and ineffective. So it’s wonderful as a place to live. I also spend time in Uruguay, because it’s a tiny little country with no ambitions to conquer the world. The nice thing about New Zealand, where I am now, is that it’s a small country, only 4 million people, lots of open land. It’s got some severe problems, but it’s pleasant. I think the U.S. is going to be the epicenter of a lot of problems in the years to come.
…Europe is going to be hurt much worse than the U.S. Europeans are much more heavily taxed and much more heavily regulated. The average European is much more reliant upon the state psychologically as well as economically. So it’s all over for Europe and this doesn’t even count the problems that they’re going to have in the continuing war against Islam, which are much more serious for Europe than they are for the U.S. So Europe is fated to be nothing but a source of houseboys and maids for the Chinese in the next generation.
Gary Gibson, Whisky & Gunpowder
For the first time in history, currencies everywhere are merely paper…including the world’s reserve currency. The potential…the inevitability…of a worldwide bonfire of these little paper vanities staggers the imagination. The conflagration will be mesmerizing in its size and intensity. You may even find yourself enjoying the view…if you make it a point to be standing far enough away not to be consumed.
Peter Hambro, Peter Hambro Gold
People can see that the only solution to the credit crisis is to devalue all fiat currencies. The job of central bankers is to allow this to happen in an orderly fashion through inflation. I’m afraid it is the only way to avoid disaster, but naturally investors are turning to gold as a form of wealth insurance.
“Slavery results from laws, laws are made by governments, and, therefore people can only be freed from slavery by the abolition of governments…. And it is time for people to understand that governments not only are not necessary, but are harmful and most highly immoral institutions, in which a self-respecting, honest man cannot and must not take part.”
– Leo Tolstoy – “The Slavery of Our Times” (1900)