Ace Paradigm Editor Byron King joins todayâs Rude. [The Rude Awakening] November 10, 2022 [WEBSITE]( | [UNSUBSCRIBE]( The King-Ring 1-2 Punch - Ace Paradigm Editor Byron King talks about the “WTF” vote.
- How do Biden and Trump come out of this?
- What’s the USA’s place in the world? [Breaking Research: The Tiny Firm Saving Amazonâ¦]( Get the name and ticker symbol of The Tiny Firm Saving Amazon. It’s still trading for less than $1… [Breaking Research: The Tiny Firm Saving Amazon…]( [Click Here To Learn More]( [Sean Ring] SEAN
RING Dear Reader, Good morning from this cloudy, wet Thursday here in Asti! One of my favorite drinking buddies from Hong Kong showed up in Italy this week. Vikas - known affectionately as “Biggus Vikas” for you Python fans out there - is on sabbatical from the biggest bank of them all. [SJN] After inducing a chocolate coma in Turin on Tuesday, we rode into the Langhe Valley yesterday. Our first stop was Alba, where our appetizer was veal tartare with freshly shaved white Alba truffle on top. Pam and I ate veal ravioli for the mains, and Vikas had the tajarin al ragu. In the shot below, you can see my barely disguised glee as the waiter sorted out our truffle. [SJN] Credit: Biggus Vikas Absolutely amazing! Then we scooted over to Barolo - the actual village where the vineyard is - and devoured a Tagliere plate (like French charcuterie, only better) and some Barolo wine. I drank the coffee, as I was the driving tour guide. We got back to pick up Micah from school before finishing with a laidback pizza dinner at our favorite restaurant in town. Before dropping Biggus off at the train station, he gave me this bottle of tawny port. [SJN] It’s delicious. (I didn’t include a link as prices vary wildly from site to site.) Biggus mentioned that after I open the bottle, I have six months to drink it. The bottle won’t see out the weekend, methinks! Now that you’re all caught up on my revelries, let’s have a serious conversation. [SJN] Oh, I couldn’t resist! For this conversation, I’m enlisting the help of my friend and colleague Byron King. For as long as I’ve read newsletters, I’ve admired Byron. He read the Rude yesterday and agreed with it. Though Byron’s at a conference in Toronto, he kindly took the time to pass on his thoughts. I’ll thread them throughout this piece. [[CHART] Could Inflation Hit 20%+ In 2023?]( Take a close look at this scary chart pictured here… What you see is the money supply in America… And as you can see, the number of dollars in circulation has exploded in the last few years. In fact, more than 80% of all dollars to ever exist have been printed since just 2020 alone! Which is why some say inflation could soon explode even higher than it is now, to 20% or more. And if you’re at or near retirement age you must take action now to protect yourself… otherwise you risk losing everything. [Simply click here now to see how to survive America’s deadly inflation crisis](. [Click Here To Learn More]( On The Vote Byron says First reaction as of midnight last night: W. T. F. Me and many, I suppose. Democrats have a turnout & vote-harvesting machine. Can’t beat city hall. Esp in Philadelphia & Pittsburgh. Senator Lurch? The country just had a stroke. Laughingstock to the world. He likely won’t finish his term. That’s the idea. Florida fixed its decrepit vote system after 2000. Hmmm. Where you have honest voting, Republicans win. Helps to be competent like DeSantis. There’s no question that the Democrats are more organized and intent on winning at all costs. The Republicans mistake “decentralization” for “disorganization.” Even so, Trump’s candidates didn’t do nearly as well as anticipated. And it seems like Trump apologists are blaming this on Mitch McConnell. [SJN] I disagree, of course. Much of this vote was a referendum on Trump. Sadly, he lost. As for Senator Lurch - that’s John Fetterman - my goodness, this was a real conversation on MSNBC: [SJN] The real question should be, “Would you let Fetterman drive your kids to school?” The answer is, unsurprisingly, “No!” Incidentally, here’s a picture of Fetterman asking Tur on a date just as security arrives: [SJN] I feel for Byron, as he’s a Pennsylvanian. In that state, not only do dead people vote Democrat, Democrats vote for dead people: [SJN] Credit: [The Grauniad]( Yes, PA needs FL voting machines. Inflation and the Markets Byron says: Nothing much happened last night to fix US energy. War on fossil fuels will continue. Going to be a miserable winter. At least some of that high Euroland energy price problem will blow back to the USA. Biden Administration will be reactive. Panic. Ban exports or similar. Green New Deal is still a thing. More low energy density, dispersed, inefficient systems. More under-investment in serious energy. It’s going to be a mess. This was my biggest surprise and takeaway as well. I can’t believe people didn’t vote with their wallets. Or maybe it’s still too warm for them to feel it yet. It’s indeed a mess for reasons I’ve beaten to death in previous Rudes, like supply constraints and lack of refining capacity. The Green New Deal is insanely expensive and doesn’t carry enough power to keep the lights on in America. Incidentally, this morning’s CPI will be a must-watch number. The year-on-year consensus is 7.9%, down from October’s 8.2%. If we come in above 7.9%, expect the stock market to tumble. Biden and Trump Byron says: Good news is that Biden will own it all in 2024. The entire sh!tshow. If he doesn’t stroke out too. Agree that Trump needs to step aside. He was a moment in time. Cut short by 2020 shenanigans. But in 2 yrs. he’s 78. Right away, that’s too old. His recent big picks cratered. See Pennsylvania. And other big games. Arizona. Michigan. It’s undoubtedly true that this is now Biden’s time. But I’m pretty sure Democrat voters don’t care about outcomes. They care only for vague intentions. Let’s face it: how many Amazon jobs did AOC nix in New York? She still won. They don’t care. It’s all about the party over the country. Whereas Republican voters do care about results, and that’s why most are calling for Trump’s head. It was a tepid result that statisticians and pollsters once again missed. Incompetent though they are, the blame falls on the leader(s). And DJT is the self-proclaimed Numero Uno. The Coming Decline and Fall Byron writes: We are much closer to USA losing its world uni power position. As of this morning. Great powers don’t put people like Lurch in Senate. The chance for self-correction is lost. The moment came and passed. USA was already losing the uni power thing. It’s just far more evident to the world today. Xi is smiling. Putin is laughing. This is my favorite of all of Byron’s points: “The chance for self-correction is lost. The moment came and passed.” Adolescents will push the envelope until someone takes them out behind the woodshed. And America is the world’s most potent adolescent. The “Heartland Combo” of Russia and China - and maybe Ze Germans later - will be a powerful counterweight, and perhaps corrective, to any move America makes from here on out. If you haven’t read my Rude about Halford Mackinder’s Heartland Theory, [have a gander here](. [SJN] Credit: [Wikipedia]( Wrap Up A huge thank you goes to Byron King for his great contributions to today’s Rude. With a hard science degree from Harvard and his outstanding naval experience, Byron provides an invaluable perspective I don’t have, and I’m grateful for it. Despite our seeming glumness about the current goings-on, we’re optimistic we’ll get through it. To paraphrase Rick Blaine from Casablanca again, it’s like any other tumultuous historical period, only more so. See you tomorrow! All the best, [Sean Ring] Sean Ring
Editor, Rude Awakening [Paradigm]( ☰ ⊗
[ARCHIVE]( [ABOUT]( [Contact Us]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from Rude Awakening, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@rudeawakening.info. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your Rude Awakening subscription, you can ensure its arrival in your mailbox by [whitelisting Rude Awakening.](