7 responses to “Watching Events Unfold”

1. 

   Roth Harbard

   July 23, 2026 at 4:59 pm

   If he uses a nuke? Better duck and cover. I doubt his will be the only one.

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2. 

   General “Buck” Turgedson

   July 23, 2026 at 7:29 pm

   If the USA or Israel drops a nuke anywhere in Iran, for any reason–then it’s ‘Armageddon time’ –which is the exact opposite of ‘Miller time’ BTW. A much wider, possibly hemispherical war will unfold with the use of nuclear weapons… which is possibly the monkey-spanking wet-dream of the Neo-Cons surrounding Trump and Christian Zionists at large. At the very least Pastor Hagee would be gleefully dancing the Hitler Jig as the bombs come sailing in live on his broadcast. And the larger question now begs… ‘was this the intended outcome of the false intelligence presented to President Trump, by high-level sycophants and Netanyahu, before he made the decision to attack Iran?’ Was this all gamed out well in advance knowing full well the current situation would unfold? And did they take psychological advantage of Trump, with careful studies of his personality–knowing just how to frame intelligence and sway him into a favorable decision? This is most likely what occurred a few months ago in the White House BTW. And now, Trump seeing what a fiasco he has created has no other choice but to continue–and this is assuredly being done though blackmail tactics. The Epstein operation bore fruit FYI. And don’t for a second believe that Trump, his wife or members of his family were somehow not a part of the extortion/blackmail operation. You can judge this by the way the files are being suppressed systematically–with the latest twist of it all being a ‘hoax’ –from the mouth of his press talking head. A nuclear strike on Iran will bring into play, Eqypt, Turkey and Pakistan with it’s nuclear weapons–and possibly Russia and China.

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3. 

   DWEEZIL THE WEASEL

   July 23, 2026 at 8:35 pm

   The interest on a 30-year T-Bill is the highest in 19 years. So, what was going on 19 years ago (2007) which triggered that? It was in 2008 when Wall Street teetered on the brink and Bush, Cheney, and Paulson confiscated $850 Billion of our money to prop up the Banksters. But I am drawing a blank on 2007.
   Cyclical changes in our debt buck economy and the “too big to fail” memes keep the gullible buying our paper. It would appear that BRICS, et. al. are all hat and no cattle. I will still hoard needful things for the time being.

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   1. 

      Steady Steve

      July 23, 2026 at 10:02 pm

      ’07 was the warning that things were not all right in the banking system. In Florida the housing market was almost completely frozen as banks were tightening lending standards since they couldn’t push off the bad paper on someone else. Looks like 2027 may be a repeat but with the proles burning down DC this time. Happy Fourth Turning everyone!

      Reply
   2. 

      Michael

      July 23, 2026 at 10:12 pm

      2007 economic events: AKA the Great Recession of 2008

      SNIP While the U.S. economy still posted modest growth in the first half of 2007, the financial sector’s vulnerabilities were becoming apparent. The crisis would escalate in 2008 with the collapse of major institutions like Lehman Brothers, but the seeds were sown in 2007 through the housing bubble’s collapse and the failure of risk management in complex financial instruments Wikipedia+1.

      In summary: The major economic event of 2007 was the onset of the subprime mortgage crisis, which triggered a credit crunch, market dislocations, and set the stage for the global financial crisis of 2008–2009

      So, Dweezil, let’s look at housing today?

      Warning not a short answer:

      SNIP Economic Similarities Between 2007 and Today in the U.S.
      Several economic patterns in 2024 echo those that set the stage for the 2007–2008 crisis, raising concerns among analysts about potential vulnerabilities.

      1. Housing market overheating
      In 2007, U.S. home prices more than doubled over a decade, with a sharp drop in sales volume triggering the subprime mortgage crisis. Today, home prices in major cities are again near or above pre-2008 peaks, with a 95% price-to-10-year average increase in 2024, and sales volumes down nearly 40% LinkedIn. This mirrors the unsustainable leverage and speculative buying that preceded the crash.

      2. High debt-to-income ratios
      The U.S. price-to-income ratio in 2024 is at 2007 levels, reflecting affordability stress. Consumer debt has reached $17.5 trillion, close to the levels that fueled reckless borrowing before 2008 cctvnewsdaily.com.

      3. Stock market valuations near peaks
      The S&P 500’s price-to-earnings ratio in 2024 is near its 2007 peak, indicating high valuations relative to earnings cctvnewsdaily.com. This parallels the market optimism before the 2008 crash.

      4. Volatility and speculative investment
      Both periods saw speculative investments in housing and other assets, with easy credit conditions masking underlying risks. Today’s commercial real estate sector faces surging office vacancies, similar to the post-2008 office market slump cctvnewsdaily.com.

      5. Inflation and monetary policy shifts
      In 2007, inflation was around 3.5% and the Fed cut rates aggressively to 2% by 2008. In 2024, inflation has cooled from 2022 highs but remains above the Fed’s 2% target, and the Fed has also cut rates by 50 basis points in September 2024, echoing 2007’s dovish turn JVM Lending.

      Note 2026 inflation well over 3.5%

      6. Economic narratives and confidence
      Both years featured a “strong economy but we’re cutting anyway” narrative, with policymakers signaling rate cuts to stimulate growth JVM Lending.

      7. Regional economic weakness
      Middle America and certain sectors (e.g., trucking) report slower growth, while the stock market remains strong, a pattern seen in 2007 when housing and credit booms masked underlying weakness JVM Lending.

      8. Geopolitical and structural pressures
      High gas prices in 2008 were driven by oil shocks and geopolitical tensions; today’s inflation and supply chain issues are similarly influenced by global events The National Desk.

      Key takeaway:
      While 2024 is not identical to 2007, the combination of housing bubbles, high debt, elevated valuations, easy credit, and geopolitical risks creates a structural environment that can resemble the pre-2008 conditions. Experts warn that without tighter financial oversight and consumer prudence; similar vulnerabilities could resurface.

      History, often repeats, often rhymes BECAUSE History is HUMAN Behavior written large.

      Folks get greedy, stuff goes up, people get scared or simply OVER their heads in Debt and the fear selling or Defaults occurs.

      “Suprise! A Crash”

      IF it only stayed Economic and the Gov.com left it ALONE to work out bankruptcies and such (Hoovers Fed raised rates going into the “Recession” that is now known as the Great Depression).

      In 2007 the “Too BIG to Fail” were SAVED by massive Taxpayer debt money aka National Debt so the cleansing of Bankruptcy didn’t happen. JUST PAPERED OVER.

      BTW in 2007

      Now it’s 2026, is the Butchers Bill due? What tools does the Fed have left to “Kick the can down the road, again”?

      In 2007-09 America was seen as a “Safe harbor” for cash so T-bills got a LOT of input from China, Europe, Japan and the Middle East.

      Helped a LOT with credit crunches as all that money bidding for T-bills REDUCED the interest and added liquidity.

      In 2026 with the Trump verbally assaulting almost every nation’s leader and tariffing nations the QUESTION is:

      Is America with an ever-growing National Debt, America’s PROVEN Habit of FREEZING Sovereign Funds (SEE Russia, Iran and others) and seemly unstable tweeter President a “Safe Harbor” for money?

      Turning into an article, sorry.

      Reply
      1. 

         Steady Steve

         July 24, 2026 at 9:34 pm

         Thank you. A very good play by play analysis. The “winners” in Florida from late ’08 to ’15 were people who were sitting on piles of cash or able to still secure credit. They bought up homes from distressed owners through short sales or would pay off the note and give home owners a pittance on the remaining equity. Or buy the foreclosed home at auction. The homes were rented out until the market recovered enough to sell and make a nice profit. There was another wave with Covid.

         Reply
4. 

   IcyR7

   July 24, 2026 at 1:14 pm

   If our Masters in DC really wanted world peace, nuking a few sites in ISRAEL is the best choice and would solve the middle east and even most of the worlds issues quite nicely..

   Reply