Winners, Losers and Links
Winners
Social Control - Things feel eerily under control right now. Entropy is working it’s way through but no major protests. Urban crime is up but as desired by leadership.
Black & Latino Borrowers - Back to 2002 we go with lending standards. No downpayment at current rates means higher mortgage rates for those borrowers so expect accusations of predatory lending in 2027.
Machete Sellers - Chop the Tall Trees style messaging coming from officials as high up as the President makes for good sales as the Interahamwe takes shape. The road ahead is uncertain and foggy but it promises to be a bumpy ride.
Losers
Germans - German leadership will apply an updated Morganthau Plan on its population.
Ukraine’s Military - Counteroffensive status: dead on arrival.
Middle class Americans with multiple income streams - IRS hiring not to go after Bezos but to get every penny it can from the tax sheep.
Tolkien Fans - It’s over.
Links
Can’t trust any celebrity CEO.
Gorbachev is dead. Evaluating his legacy will take time.