THE FACE OF INTELLECTUAL DEBATE IN THE US A GENERATION AGO:
BUCKLEY V VIDAL
TWO ACCLAIMED AUTHORS AND INTELLECTUAL VIRTUOSI MAKING COGENT AND COMPELLING POINTS ON EITHER SIDE OF THE ISSUES
THE FACE OF INTELLECTUAL DEBATE IN OUR CURRENT ERA:
TWO ANGRY OLD MEN (AN ENTITLED TRUST FUND BABY AND A CAREER POLITICIAN) SHOUTING INSULTS AT EACH OTHER AND LYING THROUGH THEIR TEETH ABOUT ANYTHING THAT POPS INTO THEIR HEADS
It would be funny, right, except the problems these two have to solve include:
A) An unprecedented debt and liquidity probelm (like either of these guys understands the mechanics of liquidty) in the face of
B) An unsolvable Debt problem (when one of these guys brags about how much debt he's defaulted on and the other thinks you can spend your way out of a debt problem)
C) and a Generational Inflation problem resulting from de-Globalization trend that is intensifying at a rapid rate.
ADD TO THAT:
D) A Generationl Energy crisis wherein the west is trying to contain a virulent climate problem while still running its entire industry on fossil fuels. And Meanwhile, Opec, once a protectorate of the US has now become a protectorate of China.
E) A hot war in an area of the world that controls a huge amount of the worlds' Grain and Oil and Gas.
F) Generational Domestic Gun violence crisis wherein kids don't want to go to school because they're afraid to die - at a time when school test scores are already at a muligenerational low.
F) A Domestic Crisis wherein folks in either party no longer compete in the realm of ideas but simply loathe one another and wish them dead. And calls for breaking up the union are a regular event from members of congress.
G) The rise of CHina. Which could easily be treated as a dangerous but rational competitor. But instead is being treated the way we treat anyting we don't take the time to analyze and understand anymore: As an object of violent hatred.
What's an investor to do?
Buy Gold.
Buy Hard Assets.
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