The Dark Winter Begins Joe Biden is Officially The President of the United States – January 7, 2021,
Typically things get worse before they get better, but by worse it all depends on what part of the political aisle you subscribe to. Welfare only helps large corporations because in order to redistribute income governments have to expand the currency supply and because most people choose to be consumers instead of producers, these people end up giving their unearned income to the producers, hereby making the rich get richer.
So now that Joe Biden won and the Democrats control the House and the Senate, the Democrats most likely will go on a spending spree. Things are also going to get very interesting for big-tech. Google engineers have formed their first Labor Union which obviously equates to Google probably leaving the United States in some capacity.
I’m certain this labor union trend in big tech will expand, which is the exact reason why I had been saying that people should be careful about regulating the internet because what is going to happen is the internet is going to end up like Television/cable and what most people are going to do is start joining inclusive networks.
Now that Donald Trump has been banned from Twitter, I’m pretty sure a lot of people are going to abandon Twitter and Facebook. Also, I think a lot of people are going to view Joe Biden as the illegitimate President-elect and this will take on a life of it’s own that I nor anyone else can predict.
I’ve seen the way people who felt cheated act, and it’s not predictable, because humans do things in ways no one person can understand. In regards to the markets, what it looks like to me is a for the most part a pump and dump economy, with commodities trending to be the biggest beneficiaries primarily because productivity worldwide is down.
So, this trend points to inflation running red hot all over the world, I expect the U.S dollar to fall and then to rise as other countries go to a race to the bottom currency war with the United States, which is the same thing as inflation running red hot, so the dollar eventually will go up to other currencies, however, the cost of living and the cost of MOST goods and services will be going up regardless of fiat currency of choice.
The price of gold and silver should see gradual rises, I can imagine spikes and suppressions because the price of Gold will need to remain manipulated to keep the appearance of real inflation to a bare minimum. It’s imperative to remember however that a lot of people have been living above their means in the western world and what’s going to happen is a reality check for many of these people to better control their spending.
Now, as far as Joe Biden and Kamala Harris as president is concerned, I don’t expect elaborate speeches in the manner we saw with Donald Trump which is neither Joe Biden nor Kamala Harris will make themselves as readily accessible, so as Rome burns expect little to no substance from your political leaders.
TheJoe Biden Presidency is what I’d like to call ‘4 years of selfishness’ the government will be confiscating money, liberty, and freedoms. During periods like this, if you’re going to want to stick with your private networks and become an entrepreneur in some capacity, not simply to make money but for the sake of your survival.
The Dark Winter has begun, lockdowns and government mandates will be normalized, the green new deal will come into existence in some capacity, the Chinese Communist Party will become more powerful and more influential, the Governments will attempt to crack down on its citizens and I do believe a great new nation of fiscal responsibility will be reimagined.
I have to mention Bitcoin because I think it plays a role in the Biden administration, Bitcoin continues to rally and I’m not one of the people that will guarantee that Biden will regulate it. It’s a very hard instrument to regulate and if Big-Tech becomes unionized, a union is indeed a barrier to entry which equates to a Steve Jobs type never existing again, which means that the U.S will lose its influence in the tech space, which means a lot of talented people will no longer work in big tech.
A lot of the most talented engineers do not work for GM, BMW, Honda, or Ford, once you have the skills, you don’t need to work for a large corporation or the government and in the tech space, this will become problematic. This is why for myself I see the austerity measures eventually as inevitable.
It might take 50 years, but if what happened with engineering happens in tech, this world is going to change in manners that are beyond anyone comprehension right now, and I think this change begins with Joe Biden when he starts regulating the economy, which will encourage people to be more selfish and entrepreneurial.
Interesting times ahead!