Goodbye 2024
The weirdest year end yet.
The most predominant theme in social media across almost all secular demographics is the sentiment that “something has changed” and “something big is coming”.
2024 closed out weird.
The abundant UAP reports and video images show clearly a range of phenomena that are unsatisfactorily explained by government.
Drones: Reports and video evidence portray fixed wing and possible hybrid lift configuration. Some display port and starboard (red and green) lighting, some have been videoed emitting gaseous or solid particle trails. Some theorize that the drones are government aircraft sent up to investigate the other UAP instances, consisting of:
Orbs: Spherical shapes of varying size and colour have been videoed emerging from the ocean, arranging themselves in geometric patterns, shimmering, changing colour, and even reportedly knocking drones out of the sky. They have been reported and filmed jumping from hovering stationary to subsonic speeds instantaneously, which disqualifies any current human technology as the source, at least as far as what is publicly known.
Plasmoids: These are often described interchangeably as orbs, since they seem to display the capability to morph from the spherical disc shape into more of a edgeless, dynamically self altering and shapeless luminous clouds that adhere to discrete yet consistent patterns.
The term “plasmoids” seems to have been assigned by social media observers, though from a scientific perspective, there is no known process by which a quantity of plasma could retain autonomous motion or form without a persistent large energy source or else powerful magnetic containment field.
Whatever your personal belief or experience, these phenomona have been reported in every corner of the globe, and the sheer volume of original personal device footage online in social media posts demonstrates a very low probability that this is some kind of stunt or hoax.
So that leaves the door open to extra terrestrial origin. Which is real head scratcher.
Why would “they” show up, then stop short of actually initiating communication, if that was the intent? Possibly there are biological limitations to their ability to present in corporeal form in our atmospheric chemistry, temperature, gravity, atmospheric density, or who knows what.
Also the speculation that suggests these are some kind of “portal” from parallel dimensions cannot realistically be discounted as long as there is no explanation.
To me, the interesting question is whether or not these events are somehow part and parcel of the “big” thing that the world seems to be expecting.
Its definitely messing with my state of mind, because I can’t help but dwell on the possibility that something is happening that will change the course of our lives drastically and permanently.
For now, however, there is no choice really but to “stay calm and carry on” as the British saying goes.
The explosion of the US debt
While such a dramatic subheading may be distasteful to some readers, I think its unrealistic not to interpret developments in US politics, finance and society as all accelerating into a darker, less optimistic form of American identity than we have witnessed in the last century.
The clown car government of the incoming administration is as preposterous as the idea of Matt Gaetz for Attorney General.
The inevitable outcome of the Trump/Musk bromance will be Musk turning adversarial toward Trump, as the collective attempts to eviscerate government agencies as the primary mechanism of the Department of Government Efficiency fails spectacularly and the two start blaming each other then distancing then divorcing.
Meanwhile, in Canada, the roster of B-level wanna be Trump imitators rushing to embrace the idea of a sale of Canada to the United States as the fifty-first state would be an embarrassment if they weren’t so adept at betraying the Canadian national interest.
Interest Rate Divergence is the Inflection Point
It is within the realm of normal for the Market interest rate and the Fed rate to diverge after the Fed announces an increase of cut - temporarily.
But for the market rate of interest to continue climbing at the same rate as the Fed keeps cutting is the monetary manifestation of a crisis of confidence in the United States Dollar.
As Doubleline Capital’s Jeffrey Gundlach laments, “We used to pay $300 billion a year in interest expense, and now it’s 1.3 trillion a year in interest expense. And we still have all of these bonds that were issued in 2017, 2018, 2019, and the first part of 2020 at 1% interest rates. They're being rolled over now at 4.50%.”
In short, the rate at which the cost of servicing the debt is increasing faster than the economics of fractional reserve banking can underwrite.
Let’s put aside for a moment the strengthening emergence of a new eastern axis against western allies represented monetarily by the BRICS, whose membership is growing very much along idealogical lines.
The speed with which the debt to GDP ratio is ballooning in the US points to a mathematical terminus quickly approaching. The objective here is to catalyze a financial crisis that will result in the replacement of the US dollar with a new Central Bank Digital Currency which may or may not end up being Bitcoin, and the “retirement” of all sovereign debt within the west by mutual agreement.
That is the long game.
In the immediate term, Trump will be focused on orchestrating his idea of an economic miracle by destroying government agencies that constitute the red tape governments are famous for. And this could result in a period of explosive economic growth, if the infrastructure to build the petawatts and petabytes of electricity and data storage and transportation is going to be financed by rampant “borrowing”.
Trump’s pre-Christmas bum’s rush to pressure passing of a stopgap spending bill to prevent a government shutdown was “laughable” according to Democratic leader Hakeem Jeffries. It would have added $5 trillion to the deficit instantly.
AI and the race to Superintelligence
The incredible pace at which AI language models obsolesce constitutes the beginning of the end of the whole risk/reward paradigm with which we are accustomed to accrue wealth.
It is now possible to purchase H100 graphics cards configured in the Blackwell architecture and program your own specialized Large Language Model from which you can operate Agents to execute profitable tasks while you sleep.
In a nutshell, the computational firepower that was formerly the exclusive domain of large scale enterprises is now attainable by individuals with limited capital resources and computer programming expertise.
But Geoffrey Hinton, the Nobel-prize winning computer scientist widely regarded as the “Godfather of AI”, was recently asked about the evolution of “superintelligence” at a conference in December and he warned that it was imminent and likely to be fraught with threats to human existence:
Its the part about the unregulated “lethal autonomous weapons” that we should all be worried about. What happens when one or more of these pre-programmed airborn killing vehicles goes off-script and just starts hunting down anything that moves? Terminator, here we come.