Breaking Away
Cyclers see considerably more of this beautiful world than any other class of citizens. A good bicycle, well applied, will cure most ills this flesh is heir to.
- Dr. K. K. Doty
Like dogs, bicycles are social catalysts that attract a superior category of people.
- Chip Brown, writer
There is nothing better than having to struggle and make your own way.
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Doug Casey: Let me draw your attention to three truths that my friend Nick Giambruno has pointed out about money in bank accounts.
#1. The money isn’t really yours. You’re just another unsecured creditor if the bank goes bust.
#2. The money isn’t actually there. It’s been lent out to borrowers who are illiquid or insolvent.
#3. The money isn’t really money. It’s credit created out of thin air.
The point is that cash is freedom. And when the State limits the utility of cash—physical dollars that don’t leave an electronic trail—they are limiting your personal freedom to act and compromising your privacy. Governments are naturally opposed to personal freedom and personal privacy because those things limit their control, and governments are all about control. - Internationalman.com
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As a varsity athlete at the U.S. Naval Academy I looked forward to the day when I could act independently & away from a myriad of controlled contests. Never in my wildest dreams did I see the opportunities available today.
We hope to provide positive ideas and creative solutions to better ride the coming storms on the horizon.
The college success paradigm in the movie ‘Breaking Away’ has just started to become questioned with skyrocketing costs and controversial ethics.
The U.S. Military was a potential solution to break away & see the world without incurring debt. Young people ‘fighting the last war’ today May be shocked how fast the world can change.
“Cycles are a natural part of the market order.” - James Grant
Extraordinary change seems more imminent than eventual > best to prepare for a strategy to embrace both outcomes.
Hedge funds and numerous players in the financial markets have exploded in numbers since the reflationary actions in 2009.
‘Business’ here in SoCal is more and more levered speculation upon past models.
Consumption & Entertainment lead non government sectors.
Very few Indians or Production of Real Capital. What do you think foreigners holding U.S. Debt paper will desire when the time comes to settle up before being a larger bag holder?
We see a shift back to real assets as one way to escape.
An international outlook will also be essential to embrace what’s left of freedom.
CAS
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Daily comeback at the gym & hard industry help conceptualize public sentiment in what could be the most historic asset bubble economy in 500 years of world financial history.
A younger woman near the pull up bar was wearing a University of Indiana Sweatshirt. Upon learning of her higher education there the question had to be asked:
> Have you seen the movie ‘Breaking Away’ …?
Personally not a movie buff or Tavistock Institute television watcher… is it out of line to assume someone would know specifics of their University?
Fortunate to have experiences around the world…. Entertainment > different than action.
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