{"id":127274,"date":"2022-06-27T15:30:51","date_gmt":"2022-06-27T19:30:51","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=127274"},"modified":"2022-06-27T14:45:28","modified_gmt":"2022-06-27T18:45:28","slug":"the-times-that-try-our-souls-are-they-here-yet","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=127274","title":{"rendered":"The Times That Try Our Souls…. Are They Here Yet?"},"content":{"rendered":"
\"\"
1967 Blizzard<\/figcaption><\/figure>\n

Regarding a pending recession:\u00a0 YouTube video \u201cWhy Recessions May Be Inevitable\u201d<\/p>\n

https:\/\/www.youtube.com\/watch?v=q917Mp3yerE<\/a><\/p>\n

Now that you\u2019ve settled in, with some popcorn in a bowl and a cold beverage within easy reach, we\u2019re either in a recession or we are heading for one, depending on whoever you talk to or watch. The video link has both sides of that coin. Historically, the USA has had two heavy-duty recessions, with one in 1842 and the other in 1932, which \u2013 as one analyst has pointed out \u2013 were 90 years apart. His view is based on the timing of things, and here we are, 90 years from the last recession in 1932. \u00a0Oops.<\/p>\n

The only reason I bring this up is that the panic attack runs to stores, shelves being cleaned out, gas prices now outrageous,<\/p>\n

In England, the Corn Law riots in the early 1800s occurred because the Corn (grain) Laws forbade the import of grains from Europe, especially during the Napoleonic wars. The Corn Law riots occurred in 1815. One effect was that banks literally closed their doors and would not lend farmers any money, and it did not help that bad weather in England resulted in poor production of grains, fruit and vegetables. The Irish potato famine had caused starvation and riots, resulting in a massive migration of the Irish to America. By 1846, the Corn Laws were completely repealed.<\/p>\n

https:\/\/www.britannica.com\/event\/Corn-Law-British-history<\/a><\/p>\n

In this country, a major recession occurred from 1834 to 1842, and was followed 90 years later by another major recession from 1929 to 1932, both of which followed a major crash in the US stock markets. The timing of these events in this country is a 90-year length of time from the first recession to the second, and we are now at the 90-year time frame for another major recession. This is about timing. There is no spooky stuff here, OK?<\/p>\n

The mere fact that many knowledgeable people are discussing a major recession now, as opposed to a mild one with a quick recovery, is telling.<\/p>\n

Various financial analysts are predicting a major recession ahead of us, based on the disastrous disturbances in Ukraine and in other parts of the world, and the loss of consumer confidence in the nation\u2019s economic leadership. Considering who is \u201cleading\u201d the nation right now, the forecast by one financial analyst is that, with the current decline at 19.75% in the DJIA, if it goes beyond 26%, it would also be the first time that any Democrat President has presided over a stock market crash of over 26% since 1900 (Yes, FDR oversaw a secondary decline of 50% in 1938, but the real \u201ccrash\u201d was the 86% decline in 1929-1932 under Herbert Hoover.) Since it is usually Republicans in the White House if the DJIA drops below 26%, it should be interesting to watch from the sidelines what happens over the next few months.<\/p>\n

Everything points to a major recession (not an economic depression, although that\u2019s possible). I do not claim to be a forecaster or an expert.\u00a0 Just putting this up so that you have a heads up on how things are, and what may or may not happen down the road. \u00a0This is where I tell people to hide some cash ($10s & $20s) some place, not because the banks will seize your cash assets (unless your assets exceed the FDIC protection limit), but because runs on ATMs and on banks by panicked idiots may result in your local bank saying \u201cSorry, but Dillinger was just here and took it all\u201d, or something like that. Start setting aside that cash now and don\u2019t wait for me to tell you again. And don’t discuss it with anyone, especially your grandkids.<\/p>\n

Why am I bringing this up? Because panicked people can empty a bank\u2019s coffers and the ATMs faster than you can imagine. Start now and keep your yap shut about it.<\/p>\n

These are strange times we are inhabiting\u2026. Strange times, indeed. Take nothing for granted. Keep your powder dry, your weapons ready, and your cash in a safe spot, and your eyes on the horizon.<\/p>\n","protected":false},"excerpt":{"rendered":"

Regarding a pending recession:\u00a0 YouTube video \u201cWhy Recessions May Be Inevitable\u201d https:\/\/www.youtube.com\/watch?v=q917Mp3yerE Now that you\u2019ve settled … The Times That Try Our Souls…. Are They Here Yet?<\/span>Read more<\/a><\/p>\n","protected":false},"author":653,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209,430,518,11,172,10],"tags":[],"class_list":["post-127274","post","type-post","status-publish","format-standard","hentry","category-teh-stoopid","category-2020-election","category-biden","category-economy","category-geezer-alert","category-historical"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/127274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127274"}],"version-history":[{"count":1,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/127274\/revisions"}],"predecessor-version":[{"id":127275,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/127274\/revisions\/127275"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}