Kaboom and Kabul

[Bill Bonner’s Diary]( Kaboom and Kabul By Bill Bonner Friday, August 20, 2021 The Afghan army wasn’t real. The Afghan Civil Authority was never real. They never collected taxes. There were no courts outside of police robbing people. None of it ever existed... it was just a big jobs program funded by American money, and the moment it looked like the money would go away, everyone went home. – Former U.S. soldier Graham Platner, interviewed by The Jerusalem Post [Bill Bonner] POITOU, FRANCE – What a jolly, schadenfreudian week. The American elite have had their noses rubbed in their most precious delusions and pretensions. They spent $2.2 trillion, equal to $55,000 for every person in the nation, building a modern, democratic Afghanistan (and coincidentally, enriching themselves). And now, instead of receiving polite “thank you” notes, they are chased from the country in appalling scenes of disorganization and incompetence. And this was not just the “military-industrial complex” that president Dwight D. Eisenhower warned against. If this was a “ship of fools,” the universities, think-tanks, media, liberals, conservatives… Republicans as well as Democrats… do-gooders and world improvers – all were in the first-class cabins. They imagined that they were bringing the indisputable virtues of the American way of life – with its unlimited fake-dollar spending, Prozac, and transgender bathrooms – to the ancient lands south of the Hindu Kush. And it was all a fraud, marked by lies and deceit over 20 years. Meanwhile, the rest of the nation begins to wonder. If the elite could be so wrong for so long about that... What else are they wrong about? And when will the next appalling collapse occur? Recommended Link [The Great Bitcoin Meltdown Is Coming]( [ad_img]( “If you suspect Bitcoin is going to crash, I just want you to know, you’re right.” – Jeff Brown Prepare now, and get rich later… [Here is the truth about Bitcoin that no one else will tell you.]( -- Infallible Dr. Fauci But today, we give up on earnest analysis and turn to reckless sarcasm. If only the infallible Dr. Anthony Fauci had directed the withdrawal, rather than the Pentagon’s maladroit crisis managers. Yes… Dr. Fauci is someone we can trust. A man of science and facts. He’s a public servant you can trust to give you the low-down… to tell it to you straight. Except, of course, when he’s lying. [Featured: New Investment “Craze” Hits All 50 States]( In December 2020, he famously admitted that he fibbed about herd immunity. The New York Times reported at the time: “When polls said only about half of all Americans would take a vaccine, I was saying herd immunity would take 70 to 75 percent,” he said. “Then, when newer surveys said 60 percent or more would take it, I thought, ‘I can nudge this up a bit,’ so I went to 80, 85.” Earlier, he admitted to a “noble” lie – telling the public it didn’t need to wear face masks in March 2020 because (he claimed later) he was afraid the face masks would disappear from the shelves, leaving health professionals without them. Emails from Fauci allegedly show that while telling the public that face masks didn’t matter, privately, he was telling others to put them on. And the only hard evidence we have (comparative death rates) suggests (nothing can be proven) that mask mandates didn’t make much difference anyway. 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And like those responsible for Afghanistan, they are wrong about almost everything… The fake stimulus… the fake money… the fake interest rates… the fake growth and fake Wall Street stock prices… the fake 2% inflation target – the whole fake shebang, in other words. And when their errors and lies are finally revealed… it will be a far more disgraceful and painful mess than the debacle in Afghanistan. In the stock market alone, the loss is likely to be nearly 10 times the loss in the Afghan adventure. The loss to the economy – in the coming scenes of crash and inflation – will be many times that amount. And if the chaos leads to a political/social breakdown, as often happens when the public realizes it has been betrayed… well… prepare for Kaboom… and Kabul! [Featured: (Bizarro World) Facebook set to launch new cryptocurrency?]( Antediluvian Beasts Yes, Afghanistan is now in the hands of brutish, religious fanatics, well-supplied with U.S. arms and materiel. This week, we saw the photos… a whole bunch of gun-toting, night-shirt-wearing ruffians in the Presidential Palace in Kabul… and not a one with a face mask! Unbelievable… don’t they know they might be spreading the dreaded disease? And there are other shocking photos, too – of them driving all over the countryside in their Toyota trucks… and filling the air with CO2. Don’t they know about global warming? Don’t they know that they need to switch to electric vehicles? But wait… there’s more… yes, a revelation so outrageous… so barbaric… we can hardly believe it. Sit down, Dear Reader. Are you ready for this? The Taliban are NOT feminists! They think there are two types of human – men and women – and that they are meant to play different roles. Heaven forfend… What kind of antediluvian beasts are these? Do they have tails? Do they walk upright? Recommended Link [Shameful! See What Biden and the Democrats Just Did To YOUR Money]( [image]( The U.S. House of Representatives voted to let the IMF circulate what could be a new elite-controlled reserve currency. Its exchange rate could effectively devalue the U.S. dollars in your pocket and your savings. It’s all part of a disturbing agenda called the “Great Reset,” endorsed by the likes of Alexandria Ocasio-Cortez and radical liberals, under the guise of “equality.” How can you protect your money and all you’ve worked for from this reset? [See this briefing on what to do next]( -- Stern Warning The Biden Administration has surrendered to them. But at least one member of Congress is holding onto her gun. House Speaker Nancy Pelosi issued a stern warning: The Taliban must know that the world is watching its actions. We are deeply concerned about reports regarding the Taliban's brutal treatment of all Afghans, especially women and girls. As we strive to assist women, we must recognize that their voices are important, and all must listen to them for solutions, respectful of their culture. There is bipartisan support to assist the women and girls of Afghanistan. One of the successes of U.S.-NATO cooperation in Afghanistan was the progress made by women and girls. We must all continue to work together to ensure that is not eroded. So, you see… It was worth it after all. Progress was made. (Ms. Pelosi neglected to say that approximately 25,000 girls and women were killed in the war, by our estimates.) And now… watch out, you Talibanos. If one of you so much as lays a hand on a bare shoulder… or pinches a single derrière… Well… you’ll have the U.S. Army to reckon with! Regards, [signature] Bill --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Kaboom and Kabul). --------------------------------------------------------------- FEATURED READS [Trucking Labor Shortage Impacts the Entire Nation]( The trucking industry has more jobs than it can fill right now. With truck driving schools closed last year due to COVID-19, not enough employees were trained. The American Trucking Association estimates that truckers carry more than 72.5% of all freight transported in the United States… [Afghanistan’s Currency Hits Record Low]( the Taliban took control of the country, Afghanistan’s currency fell to a new low this week. Afghan economists say inflation will rise and the poor will suffer as food prices increase. Afghanistan’s economy and spending relies largely on U.S-led international aid, and that aid is now uncertain… MAILBAG Dear Readers speak up about the situation in Afghanistan and Bill’s essay [“The Media’s Role in the U.S. ‘War Machine’”](... Most will agree the Afghanistan withdrawal could have been handled better but what bothers me is the attitude of the people that have assumed it is a complete disaster before it has concluded. Yes, it has been chaotic but until the mission is over let's not make judgments that our country botched everything and is leaving Afghans and others behind. Once again, many of our political leaders and media need a punching bag so rather than be constructive about the situation until it is resolved (good or bad), it's easier to start swinging away at the other guy regardless of knowing the facts, or awaiting a conclusion. – Michael M. I’m glad I’m 85 because I got to grow up at the best time in America. The Afghan problem started before Jesus’s first pair of sandals. These clowns are not going to solve anything there. I probably won’t be around for the end but I feel bad for my grandkids. – Robert M. For the right reasons, I have nothing against war. But the reasons must be absolute, like the bombing of Pearl Harbor. What I detest is the politics of American politicians who utilize war to "get rich." And yes, a great many of them get rich directly off of war. If we are to go to war and risk American lives, let's go to war and DEMOLISH the enemy. I hear the argument that we do not want to harm those who are innocent, and I agree. But if we are going to fight, let's FIGHT and get it over with. The U.S. is the strongest nation in the world, but we allow almost anyone to shove us around and kill our young. It didn't take Japan or Germany very long to recover after almost being demolished in WWII, so don't talk to me about destroying a nation and its people. Of course, the best policy is to avoid a war. As strong as we are, we need not take the first shot or send our young to be slaughtered so that politicians can continue to be officers and board members of firms that supply the military. This is not rocket science, just good ole common sense. – Sam A. I'm very pessimistic and alarmed at how much corruption is going on. I was born in 1951 and made a lot of mistakes but even after 70 years, I don't think I have ever been as corrupt as these humans in control of destiny now. – Gerald H. Meanwhile, others thank Bill for his daily insights... I look so forward to your daily insight and love when you transform me into your life's adventures. You are truly a great storyteller. Please continue to grace us with your knowledge and guidance to help us regular folk get ready for what the elite have in store for us. There is a reason why most super wealthy have compounds overseas… as throughout history, as one or many areas burn, others live on as usual. – Steven L. Thank you Bill for each letter I’ve had the great pleasure of reading. As I begin a new chapter in my life after teaching, I want to continue to be intentional in my daily living. Love my family and friends. Encourage others to love with passion and treat each other as Our Father God does. Your words are filled with much passion. – Darcel P. Did the U.S. botch the exit from the war in Afghanistan, or is there still time to see it play out, as Michael M. suggests? How will the U.S.’ exit impact Afghanistan’s economy? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Kaboom and Kabul). IN CASE YOU MISSED IT… [How To Retire Rich Off a Single “Boring” Stock]( Most people wouldn’t look twice at this stock, but it helped make this man rich… (Name and ticker FREE). 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