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Writer's pictureRich and Shelley McGlamory

National Financial Crisis



Colonel’s Blog, Earthdate 24 September 2023…

Hey Y’all!


Good evening and happy Sunday from Air2Ground Farms! It was a sunny mid-70s day that started and will end with rain. Beautiful! Yesterday started with quick rounds and a rush to the market. We find it interesting that they call it a “Farmers” market. Farmers don’t want to be anywhere by 8:00 in the morning! It seems that to be a farmers market they would make it start later in the morning, so that farmers can complete their morning rounds, taking care of the FARM so that they have product to sell at the FARMERS market. As the sunrise gets later and later, the issues compound. As it is, we started in the dark with lights and screeched into the market at 7:50. Compounding the frustration, there were zero customers until 9:45. After that, there were lots of folks and we had a great market, chatting with friends, providing meat for our regular customers, and even meeting new folks that are now customers. We rushed through tear-down and hurried back to the farm so we could be in place to met the emergency vet. So, the animals aren’t all great. Betty, the black Jersey, hasn’t been feeling well the past couple of days. Her milk production dropped to almost nothing, she lost her appetite (way abnormal for any jersey, especially her), and she was barely chewing her food. She began losing condition quickly. When, Friday morning, she wouldn’t even come into the barn for her breakfast, we knew it was time for the big guns. The first appointment available was Saturday at 1:00 pm as an emergency call and we took it. I won’t gross you out with the description of the entire exam, but the bottom line is that the vet thinks she has pneumonia as she had a fever and her lungs were very raspy. He gave her medicine and left some for us to administer today. Within a couple of hours after receiving meds, she started eating again and by this morning she rushed into the barn for her breakfast. Hopefully, this clears everything up and she begins making milk again. He said there was no way to tell if she would dry up or begin producing again. The good news that came from the vet visit is that he confirmed that both Happy and Betty are pregnant! We thought our plan had worked and now have confirmation. We were able to get the hogs loaded late this afternoon. We snuck down to their area, plastic hog panels in hand, hoping to catch them snoozing in the trailer. Of course, they were snoozing but were all outside the trailer under the trees. First plan foiled, we went to plan B, feed them in the trailer. Fairly quickly, we had 9 on the trailer eating. Awesome! We needed 5 so thought it would be easier to sort them out of the trailer than onto the trailer. We picked out a couple of smaller ones that we really didn’t want to get processed now and tried to get them out of the trailer without the others leaving. We finally convinced the smallest one to leave and 3 more followed, nothing doing to stop them. BOOM! We had 5 on the trailer! We closed the door and declared victory! (Second pic) We take them early in the morning. The other animals on the farm are doing very well.


I attached a chart (not mine) that, when I saw it, was the best depiction for me to understand the financial situation we in this nation are in. There are tons of charts out there, there’s even the US Debt Clock, ( https://www.usdebtclock.org/index.html?taxpayer ) that paint the grim picture of our financial situation. Nevertheless, the attached chart is the one that really spoke to me. The green section is the nation’s revenue, the orange section is the deficit, and the red section is the debt--by the way, the debt increased by another trillion in the past quarter. Yes, a trillion dollars in just over 3 months, now over $33 trillion! The chart was made in June 2021 and I can’t find a similar one with current data, but from my research, I don’t think anything reversed course over the past 2 years. Most financial experts agree there is a reset on the horizon. The expert disagreements seem to be whether or not the reset can be “eased” or if it will crash. Either way, I think we should all be aware of what’s on the horizon. I’ve said it before but will repeat myself here. Take the opportunity now to find a local farmer and start buying whatever of your food you can from that farmer. If the supply chain is interrupted, the largest stores will have empty shelves in 48 hours. When that happens, your local farmer may still have food. I can tell you from our perspective, we will supply our regular customers first, it’s just good business. You don’t want to be looking for someone that produces food when there isn’t any food in the store. Another thing you can do is plant a garden and buy a couple of chickens. At the very least, you can have eggs and some fresh veg.


Local Farm Report for 22 & 23 September 2023

Harvest:

24 Chicken eggs

27 Duck eggs

4 1/2 Gallons of milk


Cheers!

Psycho & Shelley

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Guest
25 ก.ย. 2566

Hi Rich and Shelley, this question is for Rich...this little short video I am sending...can you tell me if this is how you all flew before coffee or after and just how much coffee? LOL https://gettr.com/gtok/p2r5rykb8f6

My family used to watch the Blue Angels all the time up north and loved the air shows...saw this this morning and thought of your posts. Still amazes us how you can a jet to do that! have a good one...The Morgans

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That is an F-22. Isn't vectored thrust an amazing thing??!! The F-15E can't quite do tricks like that, but it IS an amazing machine to fly!

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Auntie Fiat
Auntie Fiat
25 ก.ย. 2566

Another interesting chart is M2 money supply vs GDP.


Prior to 1971 they tracked pretty closely...after 1971 there is an ever-increasing divergence.


What happened in 1971 (August to be exact)? Nixon closed the Gold Window, essentially defaulting on the Bretton Woods agreement that made the dollar "as good as gold".

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It appears they are trying to "fix" things by tightening the money supply, currently shrinking for the first time since 1949...???

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Auntie Fiat
Auntie Fiat
25 ก.ย. 2566

What that chart essentially shows is a classic Ponzi Scheme.


Borrow from the new "investor" to pay off the old. And you need a continually larger pool of the new, to pay off the also ever-increasing pool of the old.


When the Fed becomes the buyer of last resort, it is very similar to borrowing money from yourself, to pay yourself back what you borrowed from yourself previously.


All backed by the "full faith and credit" of....someone/something. We can debate all that!!

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Maybe that's why it intuitively seemed so clear to me that things were NOT good by looking at that chart.

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Guest
25 ก.ย. 2566

In reference to your reference to the US Nat'l Debt Clock...might want to scroll down a bit to "Money Creation"...US Treasury Dollars 2025. Hover your pointer over that for a second and see what info pops up. 2025 huh? Very interesting, isn't it? Then hover over US Federal Tax Revenue. It's running backwards. The reason is there is less revenue coming in than going out but Bidenomics is working just fine.

Gary made it to market but forgot the sausage and ground beef...I made him leave as soon as he got up and without enough coffee...but I'll know better next time. How you guys and gals pull all of this off, I'll never know. God bless you all. The Morgans

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Yes, it is interesting! Glad Gary picked up beef and sausage yesterday! Enjoy!!

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