I had a decently weird dream last night. It might be a movie, but I think it is not good enough for that. It might be a popcorn movie, merely for streaming and DVD sales and that would be fine too. The setting is that the dream started a few other things and I wonder where we are in less then a year.
It started in Toronto, I was there for whatever reason. There was a lot of chaos, a lot of shooting and a lot of damage. It was primarily in Toronto, Vancouver and Montreal. It is around February 2022, the US has defaulted on its loans. The people lost almost everything they ever owned and the stage is that ultra right angry people are whipping up the others who are coming to terms that their politicians are as useless as everyone expected them to be. Canada suddenly has to deal with 30-50 thousand invaders all angry and all taking whatever they can, they have nothing left. I saw police officers in Yorkville getting shot, store windows were getting crashed and houses are overrun. The American had turned into rabid dogs. The army was trying to create bottlenecks but an army spread over Canada having to deal with three clearly way to large fire points and a lot more in the rural areas is not an army that can get a whole lot done. And nearly all Americans were wielding firearms. It is then that I see the army starting to shoot to kill and I wake up.
Now, that was merely a dream, but the larger station remains. Everyone is in this ‘lets hope’ phase, but America has been utterly broke for well over three years. And every time the debt ceiling is raised. A political system that cannot take responsibility, that uses the blame game and points at the previous party if it is a different political party. They both failed and they both refused to overhaul tax laws for well over over 25 years. In the 90’s the idea of a trillion dollar firm was ludicrous. Now they have 2, maybe 3. These firms did NOTHING wrong. They adhered to tax laws and they did what the tax laws demanded that they would do. So every time I see another tax the rich, whilst these people look at three parties (ignoring 15 others), I get nervous. The larger station is not that they refuse to overhaul tax laws. It might be that they are too stupid to overhaul them.
And this too is nothing new. What will be new is that the US government will take a look at their patent office and make (forced) deals with any isolated (registered in America only) patent and demand a financial deal with that owner. So lucky my IP is not registered in the US. A setting of grab it whilst you can will start soon enough and whilst the US will be in denial, there will be behind the scene deals with Google, Apple, Netflix, Amazon, Alcatel-Lucent, Microsoft and IBM. All to get a little more use and traction out of the failing US economy. All whilst it has been clear for decades that the tax laws need a complete rewrite, a setting where everyone is taxed fairly. But that will not likely happen. That will upset the large donators and political friends they have and they would lose them, so nothing will happen and the dream that I have will come closer to becoming an optional reality.
Is it a wish or a dream? No one wishes for this. Not when you consider all the innocent lives struck by American stupidity, but the larger station is that a lot of Americans are close to desperate and the default will push them over the edge, I feel certain of that. Even as the news (mainly media) is now flaming their need for digital advertisement, hiding behind the announcement that the US of A could default next week, we also get a mere 16 hours ago that ‘U.S. Senate passes bill to avert government shutdown, sends to Biden for signature’, but that is not the same is it? A shutdown is one thing, a default is something else. There are paths that they could walk, set up a massive loan with JP Morgan, Blackrock or Morgan Stanley, the turnaround will need to be massive and that is how the slippery slope becomes a diagonal sheet of ice. A timeline extended and extended, all whilst the premise of stopping this going from bad to worse is ignored.
It was but a dream, I realise that, but perhaps my brain is working out a few financial items covered in nightmares.