We Can No Longer Afford To Ignore Reality!

We Can No Longer Afford To Ignore Reality!

Desperate businessman hiding head in the sand in the desert - We Can No Longer Afford To Ignore Reality! - Miller on the MoneyGuest Post by Dennis Miller at Miller On The Money

The world is in turmoil. Governments worldwide are ruling against the will of the majority and things are coming to a head.

Richard Maybury tells us:

“There is simply no end in sight to the big Ukraine and Israeli bloodbaths, plus a high likelihood that the power junkies in DC and Beijing will slug it out in order to frighten their populations into staying loyal to them.”

Henry Hazlett adds, “Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes.”

Newly elected Argentine president Javier Milei is pushing back:

“We’re here to tell you that collectivist solutions are never the answer to the real problems that have afflicted the world. Free market capitalism is not only the only system to relieve poverty it is also the only moral system.

The state is not the solution. The state is the problem. Long live freedom, dammit!”
“You can choose to ignore reality; but you cannot ignore the consequences of ignoring reality.”

— Ayn Rand

Desperate governments are spending money they don’t have creating wars to rally the population and maintain their power. Javier Milei is correct, the state is the problem, governing against the will of the people. The elite do not want to relinquish power and will create wars, if necessary, to maintain control.

What happened to the Peace Dividend?

Wikipedia explains the term:

“Peace dividend was a political slogan popularized by US President George H. W. Bush and UK Prime Minister Margaret Thatcher in the light of the 1988–1991 dissolution of the Soviet Union, that described the economic benefit of a decrease in defense spending. ….

In theory….

A “peace dividend” refers to a potential long-term benefit as budgets for defense spending are assumed to be at least partially redirected to social programs and/or a decrease in taxation rates.

…. Although United States military spending rapidly fell between 1985 and 1993, and remained flat between 1993 and 1999, it increased strongly after the September 11 attacks, funding conflicts including the War on Terror, the War in Afghanistan and the War in Iraq.”

Macrotrends runs the numbers:

Macrotrends chart - Percent of GDP vs Billions of US Dollars

US defense spending leads the world, topping $800 billion, and is growing by the day. Since 2010, China has tripled its defense spending to over $300 billion, while Russia and the rest of Europe hover around $75 billion.

Reality is, the peace dividend is gone, inflation is rampant, while desperate governments make war.

Click here to read more…

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10 Comments
Anonymous
Anonymous
March 7, 2024 1:05 pm

Switzerland just joined NATO. At the end Miller states they will continue to be a safe haven for some of your money. These two things do not mesh.

Treefarmer
Treefarmer
  Anonymous
March 7, 2024 2:26 pm

Do you mean Sweden just joined NATO?

Anonymous
Anonymous
  Treefarmer
March 7, 2024 2:45 pm

‘Oh , thats different …. nevermind ‘ , Emily Littella

Simplicus Carpenteria
Simplicus Carpenteria
  Treefarmer
March 9, 2024 12:14 pm

Mmmm pancakes ….. and pocket knives …..

Anonymous
Anonymous
  Anonymous
March 7, 2024 2:34 pm

Sweden you plonker

Anonymous
Anonymous
  Anonymous
March 7, 2024 3:13 pm

Dem der fin lander too!

Simplicus Carpenteria
Simplicus Carpenteria
  Anonymous
March 9, 2024 12:14 pm

Mmmm cheese …

Anonymous
Anonymous
March 7, 2024 2:41 pm

If you have to ask what reality costs, then you cannot afford it…

Anonymous
Anonymous
  Anonymous
March 7, 2024 4:37 pm

Reality is free.
The lies are how they get you.

The Central Scrutinizer
The Central Scrutinizer
March 8, 2024 10:29 am

If you can afford to die, you can certainly afford to ignore reality!

The truth is that we CREATE reality as we go! We literally SHIT reality! Then we fling it at each other for sport.