The case of Common Sense
“It is hard to imagine a stupider or more dangerous way to make decisions than by leaving them in the hands of people who never pay the consequences of their mistakes” — Thomas Sowell
A void has opened up and continues to open up day by day. Some feel guilty, others convinced and a minority lost. The last two years have been of great importance and will play a large part in how the world evolves over the next few decades. As you read this letter, you may feel a sense of deja vu, about how a stranger like me makes predictions about things he has no control over. It will remind you of many people. While I’m not as alarmist as the global warming or health security crowd, I am, sadly, far from optimistic about the future. I hadn’t planned to write about the common sense as such, which is far too big a topic, but I feel that many people around me lack courage in their ideas. It is therefore to all free thinkers that this letter is intended, so to all citizens.
Dear Common Sense
How would you react if someone who represents you was suddenly forbidden to speak, moreover by a non-legal entity? Sound familiar? For the first time, a democratically elected (not by mail) president of one of the world’s most powerful countries has been banned from speaking. You’d laugh if I told you that those who claim to be defenders of free speech would welcome such an event. Ah… yellow laugh you say
And this ban on Donald Trump’s social networks was not done as in the days of the USSR, by the state. No. This control of speech by a private, non-state agent is as dangerous if not more so than the control of speech by the state. And so, since covid, a veritable pandora’s box has been opened. Censorship of opinion on vaccines, covid, global warming et cetera... It doesn’t shock anyone and it will continue as long as people want it to.
They believe that they are fundamentally good and that it is therefore legitimate to silence or disappear the bad guys… Which historically has justified all genocides.
And for them, it is therefore their duty to prevent the bad guys from expressing themselves, be it through writing, speaking, and of course, voting.
You know, it’s sad, but people in European countries and on the American continent don’t care about anything as long as it doesn’t concern them or affect them personally. I’m talking about societal issues. And remember this principle especially if you have capital in Europe/US.
By the way, to come back to this dogma of global warming, I have a question for those who defend it without argument or sense of criticism. Why don’t we see this famous Greta anymore? Some people will just think that she has made enough millions to want to stop. But think about it and really look into it, who is funding her? The well-informed already know that the energy sector is financing her without any restraint, but strangely enough since the covid and especially the energy crisis, the energy sector prefers to keep the money to survive.
The world is suddenly realising that fossil fuels are essential and that it is not just magic-fans or solar plates that will help us at the moment. The investment in unconventional oil rigs has been almost non-existent for many years, as the renewable business is more lucrative, especially when it is the taxpayer who puts his hand in his pocket. In short, sadly, people are discovering that they need to invest in oil rigs, as onshore oil is getting scarcer and scarcer, have good relations and stop playing the fake 1940s resistants with the oil and gas producing countries, and then no luck, inflation.
Recently, by a magical process, a pandemic arrives. I could write about thirty pages on this subject but I prefer to let the reader think for himself. And I’m not even going to talk about restrictions, how they disregard our freedoms, a subject that public opinion is unfortunately becoming less and less interested in day by day; and I wasn’t going to talk about the so-called vaccine either. But I just want to put the cursor on one subject.
Take two countries in the world, one that has been “severe” with its population and the other more tolerant with its population. Compare the number of deaths during the covid years with the normal years. Do it. I leave you to make your own conclusions.
To Conclude
Never forget Milton Friedman’s quote : “There is nothing more durable than a temporary government program”.
I will end by reminding the reader of one immutable reality: central banks can print money to subsidise non-revenue spending with money that does not exist, but alas, they cannot print oil yet.
Those who understand this sentence will know how to manage their portfolios, even if it is increasingly difficult because there is no longer a market price for interest rates, meaning that no one can measure the risk when considering an investment.
