I read an opinion from some writer regarding the dangers of “extrapolating”. I guess he’s not much into understanding historical events and using deductions and conjecture as tools in navigating/predicting the future. Maybe he’s among those that recently tore down statues of fallen heroes around American big cities and Leftist college campuses. What a great idea that was huh? By all means, let’s ignore/deny history ever happened and somehow, some way that’s going to fix everything-under-the-Sun right? What frigging dumbasses these Democrats are!
So now “extrapolating” is evil? I think the lack of extrapolating toward some conclusive outcome given a set of circumstances [out of the ordinary] is extremely dangerous myself. The levels of stupidity that prevail in this country are frankly mind-boggling. It’s gone way beyond what sci-fi author Ray Bradbury left us a book on at this point. When you’re managing money for a living you better learn to extrapolate well otherwise all you are is a salesman or saleslady, and in today’s era, you could even be both – LMAO! [I’ve known many a “salesperson” in financial services that lacked enough brains to extrapolate. Please note that brains were never needed to earn money in this world anyway. Many a dumbass is rather wealthy, some have learned to steal]. If you can’t take a set of historical facts and map them onto relevant current events to reach some [highly probable] conclusion then you are truly a lost soul who has learned nothing in life! Remember how our parents did it back in the day, this extrapolation thing? Bless their hearts, they had words for it like – “if you keep doing that Johnny it’s going to fall off!” or “Susie stop biting your nails, they are never going to grow back!”. No, it never did fall off [I’m living proof of that] 🙂 And Susie? Well, she’s probably having to visit a manicurist still today. But parents had to instill fear in us and they did that by the use of their very own brand of “extrapolation”.
Back to reality – I contend there is absolutely nothing wrong with extrapolating to formulate some kind of eventual outcome, that is, unless you have a self-serving [hidden] agenda. We’re witnessing just a thing as that these days. Take Climate Change as an example, this is a total hoax, it’s a boldface lie promulgated by the useless Democrats whose Socialist agenda commands that they take money from people and corporations in the form of a punishment, or taxation. Note how taking natural occurring resources from the ground is now somehow evil because they’re flammable and provide us with essential fuel to meet a variety of our energy needs? We are seeing Democrats go to great links to promulgate this lie that somehow meeting America’s need for energy is evil. As far as extrapolation is concerned, everything – including all valid points gets thrown completely out the window, invalidated, once “hidden agendas” like climate change prevail.
Let’s look at some extrapolations that can make sense given the current state of affairs in this country and the numerous Leftist agendas we’re living under –
Oil Market Extrapolations – this commodity is traded in dollars, I jumped in as soon as the dumbass announced [his first day in office] that his Socialists were targeting the destruction of all American companies that drill for and refine oil and natural gas. I made money as it soared in price but then noticed that dumbass and his ilk began manipulating our oil markets so that the masses would not riot against his Socialists. Once I detected, [or extrapolated] that this administration was doing a wholesale manipulation of oil prices I took my profits and left. They are using a ton of ways to artificially depress oil prices under a very destructive agenda. A couple of these efforts have them releasing a ton of oil from our strategic reserve on top of dealing with every country that hates America that one can think of. Buying production from Russia, Venezuela, Iran and other of our enemies. These Socialists need to leave our country if they hate it so much…
Crime in Major Cities/ Country Extrapolations – how much more information do you need on Socialists wanting to defund police departments? Do you think it will lead to a positive outcome for those of us who obey laws? How small does a Leftist brain need to be to support defunding police, letting criminals out of prison without finishing their sentences and refusing to prosecute new crimes? How can this ever have a positive outcome on the innocents among us? And how can this move reduce the number of future victims of crime in our major cities? Oops, and I just extrapolated again. The truth is that Democrats and RINOS hate when things make sense, they can’t stand that part. My extrapolation necessitates that I don’t travel to certain cities now – no Chicago, no New York City and no San Francisco. No Mexico, Central America, or Venezuela will ever be in my plans. You’d have to be totally out of your mind to travel into any of these places today. You must really be hating yourself to live or even visit this list of hellholes.
U.S. Recession Extrapolations – I was one of the first. No seriously, no one I know sounded the alert about a U.S. recession before I did. In fact, you can use the search button on my site here and see that I was sounding the recession alarm with posts on here as early as October of 2021. The yield on the 10-year treasury began to really flatten against shorter term rates and I “extrapolated” once again that given a sorry-ass rotten Obama 2.0 in our highest office that this would surely end in a recession, and sooner than later. The spread on the 2-10 treasury yield has now been inverted for close to a year. The time we’re living in is a bit different since we have witnessed unprecedented supply disruptions which have boosted near-term output. In the absence of these we would have surely fallen into a very weak economy before now. On the contrary, the supply disruptions due to COVID have actually extended the current expansion for several months until such a time that they can almost resolved, or resolved on the margin, then watch out! This does not mean that my extrapolation of a U.S. recession was incorrect, it’s just that in actuality the pain and suffering have been only temporarily delayed. A weird consequence. Trust me, the Biden Crime Family will screw this up mightily, and it will end ugly as always.
Financial Market Extrapolations – what’s scarce these days? As you watched your stocks and mutual funds drop in value this year? Dollars and dollar worth is scarce, right? That’s why I got completely out of equity exposure by Spring 2022. With dementia Joe in office scarcity is brains and it still is, so I sold my equity exposure. By May 1st I didn’t have a stick’s worth of stock exposure, because again, I was following what was scarce, that being the U.S. dollar [value]. Now, at the end of the year we finally have a Federal Reserve that won’t admit they’re total screw-ups but they’re finally acting like they’ve been screwing up for years and aggressively raising rates. But still way late to the party [which I also detailed on several prior posts on here]. So I have used this time to turn my portfolio into an income generating machine. After all, the federal government is finally paying to borrow money. My extrapolation being why risk your equity when the federal government pays more than zero for loaning them money? What’s scarce during a recession and a tight money cycle? Income, income will pay! So as my extrapolations warrant I’ve turned toward producing income – because again, going forward, that’s what will be scarce! 🙂
And what’s scarce as long as the Joe Biden Crime Family runs the United States government and Democrats own the Senate rule? Brains! Brains are scarce. I’m here to shout out to all Americans, invest in that commodity – a thing known as “Brains” because if you were to ever vote for the correct candidate in the future we wouldn’t have to go through exercises like the one I’m detailing in this post – Boo-yaw! 😉
Would love the opportunity to tear down a statue of Dr. Fauci then roast it over a spicket. Sounds like a fun and value added endeavor. These idiots that create policy error after policy error and then think that somehow everything will turn out okay have lost their minds. There’s only one lasting type of boat in America, one that floats when all boats float and one that sinks with all boats. If someone is lucky enough to have their boat float while others are sinking, they’ll spend the rest of their days trying to hold onto what they accumulated because market forces affect everyone – the rich, as well as the poor and the middle class. Democrats or Socialists are too stupid to understand this concept.
Reality is no fun when dealing with idiots. People in most cases don’t read or reason. We’ll all run naked through a field of flowers and butterflies feeding the trees with the placenta from murdered children.
I’ve heard things on spending money like “I might die tomorrow” so I’ll spend it now! Well, what if you live over the next 20 years? What will you have to live on? “I’ll worry about that then”. Good luck with that, go tear down another statue of a person you know nothing about (D). Oh, yes, I was way early on inflation and contraction. The Fed pull forward of our economy was met by shortages because all the manufacturers took a covid/monkey pox/crying room/hug a rock vacation. I hope we build a statue of Fauci so I can tear it down.