..."joining a gang" would not be a "maladaptive response" in that context (of increasing Muslim aggression and Danish state weakening). The fact is, gangs like the Hell's Angels cannot survive without government participation in their trafficking. [1,2] Every citizen of the legitimate state should understand the government's willful participation in the illicit state and act accordingly. If the state can benefit from involvement with criminal gangs, so can the citizen. Rest assured, the state is benefiting from Muslim immigration and subsequent aggression.

[1] Glenny, M. "McMafia." Random House, 2008.
² Naim, M. "Illicit." Anchor, 2006.

Question: Will the Hell's Angels become the de facto Danish state? Will the leader of the Hell's Angels and author of The Jackal Manifesto become something of a legitimate prince? Could we biblically argue that God is simply replacing one ruler with another in this context?

... the condition that led us into this recession - excessive debt - must be removed, not shifted around and hidden, before the recession can truly end. Japan tried what we're doing in the 1990s and failed. The Nikkei never recovered its former highs, in fact, it never even got close. Japan's economy never managed to get materially out of deflation and is now back in it as a direct consequence of their refusal to force the bad debt into the open and default it.

Notice the misguided advice by the OECD about pumping cash into the economy. Japan has been doing this for 15 years and all they have to show for it is massive national debt and bridges to nowhere.

What we have is deflation. What we need is for the deflation to run its course and not be perpetuated for decades by more and more debt, both public and private. Since the Fed, Kongress, the President, and all the financial punditry believe the Keynesian solution to be the only one, we may be headed for another "Lost Decade" like we saw during the last 10 years and like Japan has seen for the last 20. Nothing that bad seems to have happened to Japan. Of course, they are an ethnically homogeneous and highly-intelligent population. We are not. I'm not sure if that will matter in the long run, but I would guess that different regions of the country will just naturally drift apart, as social cohesion and public trust in government is at a nadir at this point.

Chronic deflation will likely lead to a lack of job growth, and that is what we saw over the past 10 years. We saw GDP growth, but it was illusory because it was all based on debt. We didn't see real GDP growth because more jobs were not created and real wages were not increasing. I've seen some people actually refer to the past 20 or so years as the Bush-Clinton-Bush-Obama recession.

What we need, then, is more real GDP growth fostered by more production of goods and services in this country and less debt of all kinds. What I believe is that, using the past 40 years as a guide, it will take the rest of the country another two decades to collectively understand that. California, for example, just voted down every bond measure on the last ballot because Californians (the ones that vote, at least), have finally realized that our bond ratings suck and that we have to pay back the principle plus interest on those bonds eventually. It took us 20-30 years to figure that out though. California is probably the prototype for the nation's economic future at this point, being the fifth largest economy in the world.

Also, our 401Ks and IRAs are unlikely to grow if invested in the NYSE or NASDAQ (which has still never recovered from the malfeasance of the 90s Dot Com scams). If we're to see returns on our investments, we need to invest abroad or in local/home production. Basically, we need to be either on some other country doing things better than us or on ourselves (through the purchase of capital goods that facilitate home production). Right now, the rest of the world is in much worse shape than we are, so the latter option might be the best. Commenter SameNoKami makes the latter point all the time. John Robb has a few suggestions on that front here.

1 Thess 5:1 Now, brothers, about times and dates we do not need to write to you, 2for you know very well that the day of the Lord will come like a thief in the night. 3While people are saying, "Peace and safety," destruction will come on them suddenly, as labor pains on a pregnant woman, and they will not escape.

Matt 6:25 "Therefore I tell you, do not be anxious about your life, what you will eat or what you will drink, nor about your body, what you will put on. Is not life more than food, and the body more than clothing? 26 Look at the birds of the air: they neither sow nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not of more value than they? 27And which of you by being anxious can add a single hour to his span of life? 28And why are you anxious about clothing? Consider the lilies of the field, how they grow: they neither toil nor spin, 29yet I tell you, even Solomon in all his glory was not arrayed like one of these. 30But if God so clothes the grass of the field, which today is alive and tomorrow is thrown into the oven, will he not much more clothe you, O you of little faith? 31Therefore do not be anxious, saying, 'What shall we eat?' or 'What shall we drink?' or 'What shall we wear?' 32For the Gentiles seek after all these things, and your heavenly Father knows that you need them all. 33But seek first the kingdom of God and his righteousness, and all these things will be added to you. 34 "Therefore do not be anxious about tomorrow, for tomorrow will be anxious for itself. Sufficient for the day is its own trouble.

So there's no point in worrying about the future because we have no control over it and God has promised to take care of us. Many people, especially in our society, delude themselves into thinking that they are the captains of their destiny. The reality is, they depend on the thin veneer that is our civilization to get them through life. That civilization only exists at God's mere pleasure. It takes very little for things to descend into chaos. But even if that happens, God has promised to provide for his flock. Aren't we worth much more than the "lilies of the field," who are clothed in greater splendor than that of Solomon? Will God give us snakes if we ask for fish (Matt 7:10)?

Jesus' sermon is simple but profound. Internalizing it leaves no room for anxiety about the future.

More here. The Emmanuels: what a bunch of cutthroats. Good thing they don't have a lot of influence in this country, right?

Karl Denninger reports on a case in Germany involving the kidnapping of a bankster by vigilantes who'd lost money buying properties in Florida (an increasingly-hispanic Sand State). Note, also, that they were buying properties with 10:1 leverage. That's a smoking gun, as far as I'm concerned. Though I only have N=1 data points right now, we know that this happened on a wide-scale. The MSM lets the truth slip through the cracks accidentally, sometimes.

The two questions in the case of hyperinflation are: what to do with savings and what to use as a medium of exchange until a new monetary system is found?

The answer to the first question appears to be: buy gold. Obviously, the government will try to make it illegal to do so, as FDR did in the 1930s. The solution to that is to do it anyway. Baron Bodissey also suggested owning uranium and other precious metals. I've ruled out having short bond positions because there is really no bond position short enough to counter the effects of overnight skyrocketing inflation, which is what hyperinflation is.

I think the answer to the second question is to have barter-able goods stored and on hand and to develop a cottage industry in barter-able good.

Ideas include alcohol stilling, beer and wine making, home chemical manufacturing, cottage agriculture (bee-keeping, fruits, vegetables, etc), blacksmithing, machining, etc. Incidentally, fermented beverages, honey, chemicals, and metals keep for a long time. Honey will keep for thousands of years - archaeologists have dug it up in the tombs of pharoahs and it is still perfectly good.

If you have a backyard with plenty of sunlight, your options are a lot better. If you have an apartment, you're options are more limited, but still there. Brewing can be done anywhere, as can chemical production.

Nowadays, people don't think about value (what is this item worth). What they do think about is price (what can I buy this for and scam the next guy into paying for it). That was the housing bubble in a nutshell. It was everyone running around trying to scam one another based on the "fact" that "houses only appreciate." People were scamming banks, banks were scamming foreigners and the government, the government was scamming us. It just went around in a spectacular positive feedback loop until it collapsed like a star in supernova.

I like how Schiff makes the point that paying rent is not "throwing your money away." We all need a roof over our heads. In Maslow's heirarchy of needs (which my wife reminds me of frequently), we all need shelter, therefore paying rent is not "throwing your money away." The equity in your house isn't a retirement account, either, unless you're planning on cashing it in and moving to the third world. A lot of retiring boomers are moving to Mexico and Thailand, for now. We'll have to see how that works out for them.

To me, the wild card in whether or not we have hyperinflation is China. They're our biggest creditor and they don't want the value of their investment eroded by a collapsing dollar, which is probably why they're pushing so hard for a new world reserve currency. I've gotta say, I'm all in favor of that.