Boğaçhan’s Cafe

It is very hard to judge the economy of US now. We never had M1 goosed up to this size of GDP before. We never had more than 9 million illegals entering US in 3.5 years. How they are getting counted in labor reports is a mystery to me. It is clearly cheap labor but do they pay any taxes? We never had US Govn have over 2 Trillion deficit in 4 years in a row during peace time before, or as a percentage of GDP. Now that interest payments are over a trillion, most of deficits is funding that. So we actually increase M2 again and if velocity of money goes back to normal, M2 will be higher than GDP. Meanwhile tax data is not too bad but important signals like 2nd hand car sales is diving. It is a cluster fck to figure out. But the discrepancy btw real and spec might get even more as interest payments are feeding the latter at a cost to former.

JUST IN: ANNUALIZED INTEREST PAYMENTS ON 🇺🇸 US FEDERAL GOVERNMENT DEBT REACH RECORD HIGH OF $1.14 TRILLION ...

This is the main reason why every civilization we know since some people built Gobeklitepe or Sphinx 13k years ago relied on some God or Gods in the software. Otherwise, it is not logical for men to take any responsibility. Such civilizations that rely only on materialism like Mongols, Vikings or Britain after 17th century and its extensions now, can last a couple of centuries but decay accelerates much faster with them as we see in US today. It is not about God or Gods but the inconsistency at the core. Only exception to this I see in the world is China, that had been going on with 400 yrs cycles like a Phoenix. No other.

Turkish men are more loyal to their barbers than their wives. I had the same barber last 25 years. His colleague was 20 yrs old when I first met him, Hasan, now 45. Hasan’s default choice in life had been to do nothing and take no responsibility. So, he never married and did not even bothered to get a green card or passport despite living in US for 25 years. I was recently talking to him and asked why. His response was very intelligent: If u are surrounded by humans who believe that they are on this planet as a result of a random experiment, why take any responsibility?

I found a free copy on internet:

But he has another book, thats more relevant now, given the Covid terror we had and now the election variant of Bird flu: