1931 Germany - The Progressive Purge
Right-wing populist sentiment is being banished from American life by the brute force of social-media censorship. Along with that are a parade of media, Democrat politicians, former government bureaucrats and left wing activists, this is beginning to make America 2021 resemble, Nazi Germany, 1931.

Are We 'Coming Apart'?

8/12/21
from The Gray Area (160):
8/12/21:
Jared Dillian thinks so. In his daily 10th Man email, Mr. Dillian says this: Last week, the Centers for Disease Control and Prevention announced that it’s extending the eviction moratorium. No more rent! How many branches of government are we up to now? Then, the Department of Education announced that it is extending student loan forbearance for the fourth time. The new extension will last until January 31, 2022. But this will be the last one, they’ve assured us. No more student loan payments! No more work! No more school! Society is coming apart before our eyes. What does this all mean? We have heard echoes of this before: in the 1960s, during the counterculture movement, and in the 1920s, with the reaction to alcohol prohibition. But when other countries experience episodes of rising inflation, stuff gets weird. This was well-documented with Weimar Germany, where great social upheaval coincided with a period of hyperinflation. We’re in the process of passing a joke infrastructure bill in a bipartisan fashion, with a spending bill coming down the pike that is five times larger than that. It is possible that we could end up with a $7 trillion deficit this year, or about 30% of GDP. I haven’t looked it up, but I think this is the biggest deficit in the developed world—in history. In peacetime, of course. In January, I wrote two posts that were similar dark views of our future. The first, Forgive Them Father, For They Know Not What They Do. This was followed by This is 1931 Germany, which included a video from Tucker Carlson Tonight. Of course, YouTube has removed that video. Everywhere you look, we appear to be coming apart. From censorship, to cancel culture, to COVID cash payments, to free rent, to free school, to free child care, to higher taxes, to historic government spending, to inflation, to millions of unfilled jobs, to printing money, to exploding debt, to distrust of each other, to division by race and gender, to educational indoctrination (CRT), to teacher resignations, to foreign policy failures like Afghanistan, Iran & China, to invasion at our southern border, to street violence, to police resignations, to regular political impeachments of the opposition, to political prisoners, to an incompetent political class who doesn't care. That is just the past 7 months! We are at a breaking point. More From Maudlin Economics:


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