The Kids Aren’t Alright – Wilder, Wealthy, and Wise

Singapore Got Rich on a Tiny Rock. We’re Getting Poor on a Vast Continent. Here’s Why.

I hate hipsters, with their vegan diets and tiny feet and whiskery faces and sawdust bedding. Oh, I meant hamsters. I hate hamsters. (meme as-found)

We are becoming poor.

Not “poor” in the sense of some third-world hellhole where the average guy eats dirt and dreams of a bicycle. No, we’re sliding into a softer, slower, more insidious kind of poor, the kind where everything costs more, does less, and shrinks while the price tag stays the same. Think of your new Giant Size™ Freetos© Corn and Sawdust Chips®. Thirty-three percent less product than the old Stupendous Size©, same price, and now with extra cardboard flavor for that authentic “we’re all getting cancer” mouthfeel.

Or the Chimkin King® MacNugget© that used to be a glorious 0.75 ounces of protein-packed joy (roughly three picofarads of satisfaction) and is now a sad 0.4 ounces (two millibecquerels of regret).

Same price.

Or twice the price.

You pick. This isn’t random. It’s the visible symptom of a deeper rot.

I think Superman® will die when he finds his crypt tonight.

To understand why we’re getting poorer, let’s ask the question: What makes places and peoples wealthy in the first place? Wealth isn’t some mystical fog that drifts in on the winds of good intentions. Wealth is built, deliberately, from a handful of non-negotiable ingredients. Screw them up, and poverty is the only destination. Nail them, and creation of wealth is damn near impossible to stop: look at Singapore, a rock with zero natural resources that became richer than most continents because they got the recipe right.

Here’s the list. It’s not complicated.

Raw materials. You need stuff to make stuff. A country doesn’t have to own the mines or the oil fields. Taiwan proves that. They import what they need and turn it into iPhones© and Nvidia© chips that the world lines up to buy. Venezuela sits on more oil than a Saudi prince’s dream and still can’t afford luxuries like toilet paper or rice.

Energy. This is the raw material people pretend doesn’t exist until the lights flicker. Cheap, reliable energy is the multiplier for everything else. Coal, oil, nuclear, geothermal, solar: swap the source if you want, but you cannot negotiate with 12 shots of vodka or thermodynamics. I may run on booze and condiments, but without abundant energy, factories sit idle, and data centers don’t compute. When energy gets expensive, everything else gets more expensive. Period.

Gasoline prices are so high that I heard the homeless in Southern California have stopped huffing it and switched to cocaine to save money. (snip as-found)

Capital investment. You have to build things to build things. Our entire world is a stack of prior investments stretching back to the pyramids, the steam engine, the transistor. AI doesn’t pop out Sam Altman’s ass: it needs concrete, steel, copper, water pipes, motors, and enough electricity to power a small country. Each of those required factories, that also required factories. Every layer of capital makes the next layer possible. Starve that pipeline for decades and watch the future evaporate.

Drive and ingenuity. Someone has to have the spark. Steve Jobs said it best: the desire to “kick a dent in the Universe.” Wanting it isn’t enough, someone has to be smart enough and stubborn enough to actually take the risk. That’s the rarest ingredient. Most people are content with Nyquil P.M.™ Netflix® and Nacho Cheese Doritos©. The ones who aren’t? They move mountains.

Labor and physical craftsmanship. Ideas and Jeffery Dahmer are worthless without execution. You need trained, experienced men who can turn blueprints into reality: welders, machinists, engineers, coders who’ve solved hard problems before and aren’t afraid to get their hands dirty. Craftsmanship isn’t taught in a three-hour DEI seminar. It’s earned through sweat, failure, and repetition.

My former wife didn’t understand algebra, which is why the x is no longer in the equation.

Right environment. Enough government to stop anarchy, not so much that you end up with Pol Pot’s people party. Singapore, South Korea, even old-school America had governments that mostly stayed out of the way while protecting property rights and contracts. Too little law and warlords loot your factory. Too much and the bureaucrats loot it for you.

Scoring system. This is the secret sauce. No scoring system at all? Communism where everyone starves equally except the leaders. All scoring system, no guardrails? Wall Street cocaine binges off of hooker’s butts after their derivative play wrecked Poland. Reward the leeches useless migrants unworthy rapists? Hello, modern Europe, where the productive pay for the idle and call it “compassion.” The right system rewards the creators, punishes the parasites, and lets the market sort the rest. Mess with the incentives? You get what you reward.

Get these seven things lined up and wealth explodes. Miss even a couple and you’re Venezuela with better Wi-Fi.

So why are we sliding backward?

We’ve been neglecting every single one of them for decades, and the bill is coming due.

Raw materials? We’ve got plenty underground, but we’ve regulated mining into a paperwork hellscape while China laughs and digs. Or else.

OnlyFans© was outlawed in Orwell’s book 1984. They wouldn’t allow thotcrime.

Energy? We’re shutting down reliable coal and nuclear plants for windmills that work when the wind feels like it and solar that dies at sunset. The result? Higher costs for everything, from grocery bills to California electric cars that can’t charge because the grid is wheezing.

Capital investment? We offshored it to China and called it “globalization.” Factories, machine tools, entire supply chains are all gone. Sure, some capital flowed back in the form of stock buybacks and McMansions, but the productive kind? That’s building Chang’s future now.

Drive and ingenuity? Our schools turned into indoctrination camps. Merit is racist, excellence is oppressive, and every kid gets a participation trophy. The spark of genius gets smothered under layers of “equity.” Steve Jobs couldn’t get hired at Apple™ today and with the regulations, couldn’t even start Apple© today.

Labor and craftsmanship? We imported millions of low-skill workers who consume more in services than they produce in output, while our own kids rack up six-figure debts for gender studies degrees. The skilled trades? Stigmatized as “dirty jobs” for decades. Now we wonder why nothing gets built on time or on budget. Welding productivity is half what it was in 1960.

But we both liked heavy metal, so we eloped to Vegas for our welding.

Right environment? We’ve got more government than ever regulations thicker than a Manhattan phone book (for the younger generation, a phone book was when someone printed off a section of the Internet), agencies with SWAT teams, and a bureaucracy that treats citizens like the enemy. Pol Pot was too extreme, sure, but the slow-motion version where every productive act requires ten permits and a diversity audit? That’s nearly as destructive.

Scoring system? We reward voting for more handouts, not creating value. Welfare cliffs, affirmative action, corporate bailouts, student loan “forgiveness” that’s really just sticking the bill on the productive. Europe’s model of taxing the hell out of workers to fund the idle has crossed the Atlantic. And don’t get me started about how we’re letting the people who print the money keep it. The leeches are thriving. The creators are exhausted.

Every one of these screw-ups shows up in the data: houses that cost ten times what they should because we imported 100,000,000 net new consumers (legal and otherwise). National debt? Every printed dollar dilutes the value of the ones you earned. Shrinking products, rising prices, declining quality are all the same signal.

We’re poorer.

Stunningly accurate. (meme as-found)

If we keep this up, we won’t be the world’s superpower. We’ll be Albania on the Atlantic, the Mumbai in the Midwest, or the Pretoria of the Pacific Rim: a place where the lights flicker, the shelves are half-empty, people burn Styrofoam® for heat and the ambitious either leave or give up.

The crazy part? Fixing it is simple.

Stop importing net consumers. Secure the border, enforce the laws we already have and repatriate them all.

Unleash energy. Drill, build nuclear, keep the coal plants running until the next better thing is actually ready since cheap energy fixes almost everything downstream.

Cut the regulations that strangle capital investment. Let factories come home and encourage them to do so with tariffs. Reward builders, not bureaucrats.

Rebuild education around merit, rigor, and actual skills. Fire the ideologues. Bring back shop class and calculus.

Restore the scoring system: reward production, punish predation. End the welfare traps. Make work pay again.

That’s it. All the fixes. None require magic or a revolution. Just the political will to stop doing stupid stuff.

So why don’t we do that?

Because the people steering the ship benefit from the decline: a system is what it does. Politicians get votes from the dependent class. Bureaucrats get power from the red tape. Corporations get cheap labor and cheap virtue-signaling. The media gets endless stories about “systemic” problems that justify more of the same poison.

The incentives are perfectly aligned. For them.

For the rest of us? Not so much.

The ingredients for wealth haven’t vanished; we’ve just stopped mixing the batter. But the window is closing. Every year of delay makes the turnaround harder and everyone poorer.

I wear shoes with Velcro® closers now. I mean, why knot?

It will be painful, more painful than pulling putting duct tape on a Kardashian’s back and pulling it off. For the Kardashian, I mean, since I would pay money to see someone pull duct tape off of a hairy Kardashian.

The alternative to the pain, though, is worse.

I am so tired of sawdust.

One Hour. One Dead 80-Year Math Problem. Welcome to the End of College As We Know It.

“Am I afraid of losing command to a computer? Daystrom was right. I can do a lot of other things. Am I afraid of losing the prestige and the power that goes with being a starship captain? Is that why I’m fighting it? Am I that petty?” – Star Trek

Plot idea: Gilligan ate the last box of cookies on the island. Ginger snaps.

My first exposure to the concept of thinking machines was almost certainly Star Trek. My first exposure to talking monkeys was Planet of the Apes, but that’s a story for another day.

On Star Trek, the computers were always one bad logical paradox away from exploding. Yes. Literally exploding.

Were they sentient? Sure. Helpful? Usually.

But give them an infinite loop and boom, here comes the smoke, and sparks. The classic was something like Kirk saying, “Computer, listen to me. I have infinite power, so can I make a burger that is too big for me to eat?”

The Star Trek A.I. that comes to mind right now is M-5 from the episode The Ultimate Computer. In this episode, Kirk and his crew get replaced by this fancy new computer that runs the Enterprise™ like a dream until M-5 just decides to start killing people. The machine went full neurotic. And turning it off? It took its creator have a full meltdown, since they don’t make Adderall for computers.

I spilled Adderall in my F-150, and turned it into a Ford Focus®.

I bring this up because an AI just solved an unsolved Erdős Problem®. What’s an Erdős Problem® other than an excuse to us a Hungarian letter? Well, it’s part of a series of math problems cooked up by a dead vagabond mathematician named Paul Erdős. The guy wandered the world like a couch surfing hobo with a PhD.

This particular problem had stumped humans for eighty years. Then OpenAI’s model rolled up and disproved the whole thing with a counterexample so elegant it made a human mathematician sit up and say, “Huh. That’s clever.”

Not “good for a computer.”

Just . . . clever. People hadn’t solved this problem. But A.I. did in about an hour.

Anyone who still says “AI is nothing more than a pocket calculator” is wrong. Dead wrong. This isn’t crunching numbers faster. This is synthesizing ideas and creating original solutions to problems that have vexed mathematicians everywhere. Oh, sure, it’s easy to beat them up and take their money to buy yourself something you like because they have poor upper body strength, but they’re good in math.

Maybe Kim wouldn’t be so chubby if he had to run for office.

Just like Kirk struggled with what the hell he was supposed to do if he wasn’t driving a starship the thought that has to be entering the minds of mathematicians everywhere is, “what’s the point if a computer can do what I do?” Though, to be fair, Captain Kirk would later become a police officer in Southern California and a lawyer in Boston, so he landed on his feet after they no longer needed him in Star Fleet. But he had decent upper body strength.

And that leads straight to the question of college.

College is getting pozzed by GloboLeftists to the point that math and engineering professors are publicly demanding a return to acceptance based on test scores. They’re tired of getting stunning and brave students who can’t noodle their way through middle-school math and, well, can’t read either. These are the same professors who used to pretend everything was fine because they were fighting for tenure.

What’s the difference between a tenured professor and Hamas? You can negotiate with Hamas. (meme as found).

They’re saying the quiet part out loud because their departments are filling up with kids who couldn’t pass a seventh-grade fractions test but have opinions on everything. However, now we have A.I. that can solve unsolved mathematical problems. And college students that can’t read or do math.

As I’ve written before, participation in college took off after Griggs v. Duke Power. That 1971 Supreme Court decision basically told companies they couldn’t use IQ tests for hiring anymore.

Why?

Because black people didn’t score as high on average. So how could companies legally discriminate, sorry, select, for the bright employees they actually needed to, you know, keep the power on? Simple: require a college degree. A degree became the new IQ test, just with more debt and fewer guarantees.

Now college is facing the twin problems of not being able to bring in the smart students or even requiring kids to read, while AI is everywhere.

What is college even for anymore? What’s the purpose?

My experience with college is that it provided a chance for me to change. The teachers always said, “next year it would be harder,” and it finally hit for me my second semester of my freshman year. Calc 2, Physics 2, and Chem 2 (the thermodynamics part) all at once.

I will say that when I took thermo I didn’t feel so hot.

I had to bear down and learn to study. It changed me for the better. The concepts I learned there were truly fundamental. They gave me a leg up on my career because they changed the way I thought and challenged me in ways that mattered.

But if college has turned into writing prompts (or, since they can’t write, speaking prompts) into an AI and turning in the A.I.’s product, what’s the point? I know, people said the same thing about calculators dumbing down schools. I’m sure they said the same thing about slide rules. But I know what multiplication is and how it works, and could even do long division by hand if I had to.

A.I. is different, fundamentally, than a calculator. A.I. can’t think in the human sense, but it certainly can synthesize and create original solutions to problems that have vexed the physically weakest people on campus.

So why college?

For most people, college shouldn’t exist. Alternate paths should be wide open for entrepreneurship, or welding, or HVAC, or any of the dozen trades that actually keep the lights on and the toilets flushing. People wanting a sociology, psychology, or anthropology degree should be limited to about one-twentieth the number of sociology, psychology, or anthropology professors currently working in the United States, because teaching those subjects is about all those degrees are worth in the real world. Oops, forgot! They could also work in the fresh retail coffee production and distribution industry.

I’ll go out on a limb and say college should be limited to those professions where people die if you’re wrong, or where the work is useful in making cool weapons, which means people die if they’re right: physics, chemistry, engineering, medicine, the hard stuff.

I see why people get addicted to glue. They just get attached to it.

My plan would turn subjects like Women’s Studies into a hobby. Which is what they already are, but at least under my plan you don’t have to play $48,000 a year. Add in allowing employers to use IQ tests again, and then you don’t have to worry about hiring idiots. They might be evil, but at least they won’t be idiots.

Look, the M-5 computer on the Enterprise® eventually got shut down because it went off the rails. And real A.I. isn’t going to explode in a shower of sparks, but it’s already doing things humans couldn’t.

College, meanwhile, is busy proving it can’t even teach basic literacy to the people it lets in. The old model is broken. Even my old professor, Dr. Zaius©, agrees.

Excalibur: The Movie The West Needs Now

“My pride broke it! My rage broke it! This excellent knight, who fought with fairness and grace, was meant to win. I used Excalibur to change that verdict. I’ve lost, for all time, the ancient sword of my fathers, whose power was meant to unite all men, not to serve the vanity of a single man. I am . . . nothing.” – Excalibur

I tried to pull the sword from the stone, but I wasn’t Arthurized.

I rewatched Excalibur last weekend for the first time, likely, since Reagan was president and the phrase “press one for English” had yet to be spoken.

It was glorious, and better than I remembered, and that isn’t just the wine talking. Excalibur came out in 1981, directed by John Boorman, who also brought us the underrated epic of Zardoz. Any man who can talk Sean Connery into wearing an orange diaper for an entire film and likes guns as much as Boorman is okay.

Excalibur, however, features no orange underwear or guns. It is, however, one of the most nationalistic, unapologetic, mythic, sword-swinging spectacles ever put on film.

To be clear: it’s not a history lesson. It’s a legend.

First things first: no, the armor isn’t remotely historically accurate. Plate armor like that didn’t show up until centuries after the real Arthur would have been stomping around Britain in the 600s or 700s. The knights look like they stepped out of a 15th-century tournament sponsored by the Stainless Steel Institute® instead of a muddy Dark Ages battlefield.

The wedding party lasted too late into the night for one of Arthur’s Knights. Poor Sir Cadian.

Boorman knew this. He didn’t care because Excalibur isn’t trying to be a documentary. It’s a full-throated retelling of the King Arthur myth, the kind that’s been passed around campfires and tavern tables for more than a thousand years. When I looked back at the overall King Arthur Literary Universe©, I found that there were endless characters and sub-characters and plots and mutually exclusive elements.

Boorman picked the main plot points of the Arthur myth perfectly. As a result, the film knows exactly what it is: a legend soaked in Christianity, fog, blood, magic, virtue, redemption, and destiny.

The critics, when it first came out, whined that the characters weren’t “complex” enough. Arthur wasn’t nuanced. Guinevere wasn’t layered and didn’t have a chance to prove herself on the battlefield as a Strong Independent Woman©. Lancelot wasn’t a tortured anti-hero with a tragic backstory and three therapy sessions.

That’s the damn point.

They’re archetypes.

My favorite dessert at Thanksgiving is made by dividing a pumpkin’s circumference by its diameter: pumpkin pi.

Arthur is the Once and Future King. He is pure, flawed, larger than life and his failings are the point of the movie. Merlin is the scheming wizard who sees the long game. Morgana is ambition and vengeance and hotness wrapped in snakes, silk, and spite. The film doesn’t waste time giving everyone a five-minute monologue about their feelings.

It trusts the myth to simply be what it is.

And with the exception of Helen Mirren, all of the rest of the cast in main roles flailed for the rest of their careers as B and C listers. But in this movie? Nigel Terry is Arthur. Nicol Williamson is a Merlin that is so Merlin that I can’t imagine another person being Merlin. In what probably saved their careers, you’ll spot Liam Neeson, Gabriel Byrne, and Patrick Stewart in roles that are nearly so brief you’ll blink and miss them.

The actors are the roles they were born to play, and the story moves like a river in flood. That’s why it still works.

Part of the backstory is that Boorman wanted to make a Lord of the Rings movie, but thankfully couldn’t find anyone stupid enough to take the risk on a production far too large for its time. Instead, he made Excalibur.

I imagine Father’s Day was uncomfortable around the castle.

Excalibur is a nationalist British film, made by a British director, for an audience that still remembered what a legend actually was. Men were men. Women were women.

Honor and virtue mattered. Betrayal hurt. Sex was raw and consequential, not a punchline or a sermon. People with good motives weren’t ridiculed.

Boorman put his own flesh and blood into the movie, literally. Boorman had to direct his own young and incredibly hot daughter in one of the more, shall we say, vigorous scenes in the movie.

Yeah.

Imagine Boorman as a director, talking to his daughter: “Honey, can you just, you know, a little more passion on take three? Hip thrusts, dear.” To top it off, Boorman’s son played the young version of Mordred. This is the family business, Boorman style.

The man didn’t just make a movie about myth, he co-wrote the screenplay, directed the film, produced the film, and he dragged his own bloodline into the forge. No wonder the whole movie feels more alive than most things that have been made in the last decade.

That is why Excalibur feels dangerous somehow next to today’s polished, focus-grouped slop.

No one was trying to make Excalibur “relatable for modern audiences.” No one was worried about alienating the overseas market or triggering the comment section. No soulless Disney© corporate executive (but I repeat myself at least three times) was trying to make a tentpole for the Arthur Cinematic Universe© and have three more movies so they could triple the profits.

He just told the damn story.

You know I’m right.

The result is a film that looks like it was shot inside a stained-glass window: every frame drips with atmosphere, every line of dialogue sounds like it was read off of a stone carving. The classical music fills the spots perfectly. The (very inaccurate) battles feel like they matter because the people swinging the swords believe in something bigger than themselves.

The movie is earnest. The actors and writers and crew believe in the story they’re telling.

That’s the contrast that stings in 2026. We’re drowning in corporate product: remakes, reboots, and “elevated” retellings that strip out everything that made the originals mythic.

They give us complexity instead of clarity, messaging instead of meaning.

Excalibur reminds me why the old stories endured: they weren’t about making transgender people or minorities feel seen. They were about making people feel the weight of destiny, the cost of power, and the pull of something ancient and also something that was True, Beautiful, and Good.

Search for “Amelia Meme UK”.

So, if you haven’t seen it, you might correctly guess I’m a fan. If you haven’t seen it in a while, give it another shot. Pour something that Arthur would have quaffed, turn the lights down, put the damn phones up, and let the sword rise from the lake one more time.

In a world that’s forgotten how to tell legends, Excalibur still knows exactly what it is. And just like King Arthur himself, there will never be another like it.

Let’s hope that Great Britain remembers Arthur’s words from the film: “Now, once more, I must ride with my knights to defend what was, and the dream of what could be.”

What Does A Bubble Look Like?

“I had it all, even the glass dishes with tiny bubbles and imperfections.” – Fight Club

You know what really gets my goat? A Chupacabra.

I’ve been in a bubble before. What happens in them is, well, interesting.

First, the money isn’t just where the attention is. Nvidia® and OpenAI™ and Anthropic© are where the attention is focused. But it’s a bubble, right? Honestly, if the irrational exuberance over A.I. was just about those three companies, it would be pretty boring.

But it’s not. A bubble is insidious because it doesn’t impact just one part of an economy, it sinks its tendrils in seemingly unrelated things. That’s good, because change is the basis of growth, creating new combinations in the economy to create value. I’ll stress the “creating value” part because often that’s confused with “red line go up and to right good, down and to right bad”. A stock price should be related to the value the company creates but is often masked, at least for a while. I mean, Enron©, right?

Looking at the A.I. bubble now, well, it’s everywhere, and often in irrational and uncomfortable places, like the backseat of a Volkswagen®.

What’s got two legs and lives off a dead beetle? Yoko Ono.

Things are built in places for reasons. When things are being built in stupid places, well, it’s probably that someone isn’t thinking straight.

Let’s take data centers. What do data centers need?

First, power. We’ll get back to this subject (and most that follow) again, but unless there’s power, none of the chips run.

Second, space. You need a place to put the chips. It’s most often a building, on land. Well, to be honest, that’s where it’s third most common. The most common is in the dreams of Sam Altman, the second most common is in a warehouse because the datacenter hasn’t been built yet.

Third, access to robust communications. You’re building something that has to listen and talk, so it needs to be hooked into the data sphere. Thankfully, thanks to the Dotcom bubble, that fiberoptics are everywhere.

What the hell is laser hair? And why do people want to get it removed?

Fourth, access to a place to dump the waste heat generated by all that electricity usage. Most often, this implies access to water for use.

Each of these has its own solution, but meeting all four requires a bit of thought. I mean, the South Pole would be great except for the whole “access to communication” bit. So, selection is a balancing act. Pacific Northwest, with power, land, water and data access, not so bad. Pennsylvania? Also pretty good.

Let’s take the factors, one by one. Power. As we’ve discussed before, the power usage for data center construction is screaming “bubble” from the top of its lungs. People building data centers are signing contracts for power, either from utilities or by buying natural gas generators or . . . fusion? Really? That’s what they’re planning? Why not power them off of Elon’s Tweets®?

Looks like even Buc-ee’s® went A.I.

Yeah. It’s a bubble. Just because Fred’s Datacenter Depot and Truck Stop© signed a contract doesn’t mean that they have money or even loans to build it. Yet, chained investment is spurred on through public utilities and engine/turbine manufacturers. They’re building new lines, expanding capacity, all for a level of power generation that’s absurd. Thankfully, you can also get a Slim Jim™ at Fred’s©.

What about land? These are the lucky ones, since people with hundreds to thousands of acres of land are able to sell the land for ridiculous prices if they win the data center lottery. The nice thing for these folks is that they actually get paid.

Third: communications. There are a lot of fiber networks in the US, so this makes a lot of the country okay for buildout. Greenland? Notsomuch.

Besides, I have other plans for Greenland.

Then there’s water. I use the Mississippi for a proxy cutoff line, since east of it, wet, west of it, dry. YMMV, and there are places like the PacNorthwest that get a lot of water.

But Utah or Nevada? Or Colorado? Sure, these places get cold in winter, but are they even thinking about water usage? These are the places where the phrase, “Whiskey is for drinkin’ and water is for fightin’.” came from. They’re dry.

But, there’s a never-ending stream of data centers being announced pretty much everywhere.

Announced.

But my experience in a previous bubble tells me that all of these companies that are attempting to build all of these data centers are needing more in common than just millions of Nvidia© chips. They’re needing copper for wiring. They’re needing pipes to move water. They’re needing concrete. They’re needing steel beams. They’re needing rebar and glass and aluminum to build some of the largest buildings every conceived by man outside of the Pyramids and that ballroom next to the White House.

And that’s just for the building.

What is the difference between USA and USB? One connects to your computer to access all your data, the other is computing industry hardware standard.

They’re also in need of power. That’s another Big Kahuna, and it’s already raising rates to consumers in various states as utilities plan to build out power plants to serve demand from data centers that . . .

May never be built because they can’t be built because there’s not enough stuff to build them or enough electricity to power them even though, “Hey, we have signed contracts!”

That’s the flip side of a bubble. It’s irrational. You end up with insanity like 87% of venture capital going to A.I. 49% of investment-grade bonds are going to . . . A.I. As Michael Burry notes, during the Dotcom boom, only 40% of venture capital went to dotcom companies. So, 87% is better and safer than 40% because it’s more, right?

I hear that farmers can use a hoe to make money honestly.

Things inflate because everyone wants them.

Copper. Silver, which is (currently) not behaving like an economic metal, but like an input to data centers. Concrete. The very people that know how to build data centers are in amazing demand.

But a bubble?

Nah. Don’t call it that.

I could go on for another three thousand words about how frothy we are at this moment in time, but this time really is different. Most of this bubble is built on debt to build things that are impossible to build in promised timelines using resources that aren’t available. At least when the dotcom bubble burst, we had lots of unused fiber optic cable in the ground and when the housing bubble burst, we had houses left over.

What happens when a debt bubble bursts that hasn’t built the data centers it promised and evaporates a huge percentage of the venture capital that was sunk into it and all we have left are mountains of Nvidia© chips sitting in warehouses surrounded by confused pimps?

Well, that’s just another way that A.I. will change the world, I guess.

Won’t that be interesting?

Chud The Builder And Two-Tiered Justice In America

“I got a new problem when I post bail.” – The Usual Suspects

“Chud the Builder” is an Internet provocateur/rage baiter who videos himself with strangers in public, often using racial slurs to black people. His name is Dalton Eartherly, but I’ll stick with Chud.

Chud claims that it is within his free speech to say pretty much whatever he wants if he’s not threatening people. I’ll leave it up to you to form your own opinion on that, but Chud isn’t shy about using the same words that black people use in songs to describe each other to them directly.

After going to court in Montgomery Coutney, Tennessee on a debt he owned, an altercation occurred. I’d go into more details, but I’ve heard a lot of contradictory stories, so for now I’ll stick with that. At some point, Chud drew his weapon and managed to get a two-fer: Chud accidentally shot himself and he also shot a black man named Joshua Fox. Both are alive.

There’s a lot to unpack with just this single case. On X®, @RetroCoast said:

What? $1.25 million? I’ll admit that seems like a lot, but maybe that’s normal bail for Chud’s charge: attempted murder.

Well, no. In this age of free information flow, it’s now possible to get that data and share it quickly to millions. OPERATION FREE DALTON went and got the receipts.

Outside of the scale being way off, it is clear that Chud’s bail is excessive compared to the average of $40,625 (hang on, I’ve got that in my other pocket) for other attempted murder cases. It’s 31 times the average, assuming the data is right.

This was already a complicated case that touched on free speech and the right of self-defense, but now it’s bigger than that. Chud could only have gotten a bail that high if he was much more dangerous than say, someone who was charged with first degree murder and aggravated assault.

Unless, you know, he was a white guy who said racist stuff on the Internet and it’s a high profile case. That must be it. Surely the system punishes white people and black people the same?

Huh. I guess not.

And note that Chud will get zero support from mainstream groups dedicated to, say, defending those who want to promote free speech or the right to self-defense. I could keep going. But keep in mind that Karmello Anthony, who murdered Austin Metcalf by stabbing him in the chest has been out on $250,000 bail for nearly a year.

A system is what it does.

Think back to various high-profile self defense cases. Kyle Rittenhouse and Daniel Penny were both acquitted of homicide, but what did their trials cost? $1 million? $2 million? What about the Modern Sporting Lawyer who was arrested for protecting his home during the George Floyd Riots? He pled to a deal.

No, what’s on trial is the ability for individuals to defend themselves, but a very special group of individuals: white guys. If you can’t be convicted, it doesn’t matter. They’ll run you through the ringer of a court case costing millions if you don’t want to go to jail for the rest of your life. And if you win? Well, you’re broke, and the process was the punishment. But if you’re black?

This is not the case if you’re black. Stab away if you think there’s a good chance he might say a slur after you try to kill him. And if you’re black you can try to fake a hate crime and the school you go to will cover up for you.

The statistics are clear:

This is so clear I’ll let Mr. Obvious point it out:

And I think the goal is also obvious:

There’s more to this story. This is only one aspect. Remember, a system is what it does. What does the system react most strongly to? What does it punish the hardest?

Dr. Michael Burry Has Spoken Again. The End Is Nigh, Or Margot Robbie’s Thigh?

“On a long enough timeline, the survival rate for everyone drops to zero.” – Fight Club

A truck filled with quinoa and a truck filled with Worcestershire sauce crashed into a charcuterie shop near my house. What was the result? It’s kind of hard to say. (meme as found)

Dr. Michael Burry has spoken again. Okay, actually more like “emailed again” but he’s on the record again saying that the the end is nigh. Is he right? Well, on a long enough timeline, entropy always wins, and the heat death of the universe doesn’t care about my 401(k) yields.

But are we close?

The S&P valuations are through the roof. We’re in the middle of the largest investment in the history of the United States outside of World War II: Artificial Intelligence.

More has been spent on A.I. than was spent on the Manhattan Project, but less than was spent on, well, insert whatever outrageous bill Congress passed last week while you weren’t looking—probably something involving green energy subsidies for gluten-free solar panels raised free-range by Antifa® Chapter 4077.

The payoff for winning the Second World War was a big one. Essentially the United States was surrounded by a smoking crater of a world. Our industries were ready to absorb all the G.I.’s returning with their war brides into job to rebuild that crater. I mean rebuild the nice parts, not India.

The world without Western Civilization. (meme as found)

Factories were humming, houses were sprouting like dandelions, and the economy was so robust you could afford a house on a single blue-collar paycheck and still take the kids to Disney World® without having to resort to Moustitution© or selling a kidney. That’s what we got for entering into the war late and avoiding any of it happening on our homeland.

But what is the prize if A.I. is successful?

Well, it’s negative jobs. It’s a profusion of information so vast it makes the Library of Alexandria look like a collection of Post-it® notes abandoned after spelling errors. Elon Musk thinks it will create a society of abundance so great that no one will have to work and everyone can have a cool penthouse and all the gold they can eat. We can be sure he’s right, because this is just how the Industrial Revolution ended.

Wait, what?

Hours worked went up? Rural agrarian lifestyles were traded for urban factory hellscapes where the owner of the factory charged extra for all the asbestos he let you breathe in? Yeah.

Every production “revolution” that the world has seen has actually increased human effort. Those leaps forward did increase material wealth, but they also led to humans having to work more. Hunting nomad chads became farming incels.

Why?

You can’t brew booze if you don’t have the grain and the place to brew it. So, just like me, the nomads decided to give up a lifestyle of hunting, fishing, sex, and leisure for all the beer they could drink. I mean, I have priorities.

As a child I never napped. I was resisting a rest. (meme as found)

I don’t expect anything different in the Thought Revolution. Nobody will get free stuff, but the world will need a lot fewer of us. This is the case if it is successful: essentially an entire civilization working overtime to create a replacement for itself.

Yikes!

But let’s say it doesn’t work.

That’s better, right? Well, maybe. A bit. If A.I. reaches some limit where it becomes economically unfeasible to get to the next level (think power generation capability required being infinite) of cognition, or the models start to get dumber the more advanced they are (there’s a fashion model joke in here somewhere, but I’m too polite to make it), then the stock market will collapse.

Collapse? Surely, John Wilder, you exaggerate. No, I meant collapse. The market has priced in that A.I. is going to work. On the recent day that Wall Street hit new highs in the S&P 500, most (55%!) stocks weren’t near their highs. The high is high, but it’s not broad. This current level of investment in A.I. is so big and so deep and so tall, there is no way it can do anything but fall.

Sorry, got a bit of Seuss stuck in my keyboard.

“Oh me! Oh my!” said the plumber named Fred,
“My pipes cost a fortune, I’m deep in the red!
I can’t fix the sink or the tub or the drain!
This copper’s so pricey, it’s driving me insane!”

This is a damned if you do, damned if you don’t scenario. Let me put on my Cassandra pants and throw out this idea: Why not both?

The economy is screwed, or at least the economy that I grew up with is screwed. We’re becoming poor at a fantastic clip. Not “poor” as in West Virginia moonshiner with a still and a shotgun, but “poor” as in living like we’re in a crowded megacity filled with unwashed brown people where the air smells like regret and curry.

Let’s look at how affordable things are compared to income from the 1970s. I found this handy chart on the Internet. You know the one: houses, cars, healthcare, education all marching upward while real wages stagnate like a sloth on Ambien. Now, I know that no one actually goes to movie theaters anymore even though it’s on the chart. There’s no point in going to the movie. I can get booze from my fridge and pause the movie whenever I want if I watch it at home, but yet it’s “indecent” if I fall asleep drunk and in my underwear in the front row at the latest Avatar™ movie.

(as found)

But everyone can still afford a place to live, right?

Well, not since we’ve opened the floodgates and let in the entire world. A massive population increase combined with a group of people that consume much more in services than they contribute is killing us. They’re actually making us poorer as each one crosses into the country.

Remember in math you can always raise per capita by lowering the number of capitas.

But, hey, they borrow money so they can create debt that produces profit for the banks, right? Win-win, except for the natives footing the bill.

Isn’t enough that our economy is as stable as a knife fight between a drunken Whoopi Goldberg and a blindfolded Jimmy Kimmel in a bikini atop a butter-coated teeter-totter on top of WTC7? Did we have to put the whole existence of humanity in the future in the balance, too?

The good news, I guess, is that Burry could be wrong. He has been wrong before. Like me, he’s predicted five of the last two recessions. But there comes a point where we won’t be able to paper over the cracks in the structure with more printed money and hopium.

Yup, been there, done that.

When all this cracks, and it will because complexity plus leverage plus narrative equals fragility, the reset won’t be gentle. It won’t be “buy the dip” and back to brunch. It will be the kind of event that makes 2008 look like a mild correction and 1929 look like a Tuesday.

So where do I want to be when it happens? I want to be listening to a twenty-something Margot Robbie describing what collateralized debt obligations are from a bubble bath.

And remember Wilder’s Rule of Humorous Collapse #6: civilizations don’t fail because they run out of money; they fail because they run out of reality.

But at least I finally understand collateralized debt obligations (warning, mildly spicy language).

Disclaimer: I am not Margot Robbie, though I would take a cameo to talk about philosophy in a movie from my hot tub while I smoke cigars, and am also not a professional anything, let alone your financial advisor, so please bang your head against the wall a dozen times before you take the advice of an unpaid Internet humorist.

How The GloboLeft Uses Your Virtue Against You And Why It’s Killing The West

“Be excellent to each other.” – Bill and Ted’s Excellent Adventure

I’ve never been to central Europe, but I might Czech it out one day. (all memes as-found)

“Then what makes a beautiful person? Isn’t it the presence of excellence? Young friend, if you wish to be beautiful then work diligently at human excellence. And what is that? Observe those who you praise without prejudice. The just or the unjust? The just. The even-tempered or the undisciplined? The even-tempered. The self-controlled or the uncontrolled? The self-controlled. In making yourself that kind of person, you will become beautiful. But to the extent you ignore these qualities, you’ll be ugly, even if you use every clever trick to appear beautiful.”
-Epictetus

Epictetus may have had some ulterior motives when he said this, since if history is correct he was lame, was missing an eye and an ear, and had hair only in patches on his skull. Did I mention the burn scars?

I kid. But Epictetus was lame. I mean, not 1980s “lame” but rather had a limp.

The point he makes is a good one, though. We are fundamentally the genes we are born with. If I wanted to be taller, I suppose there is surgery I could get to lengthen my legs. Yeah. Really.

If I wanted to avoid being a blinding hazard when the Sun shines off of my scalp, well, I could get hair plugs or a toupee.

Neither of those, however, would make me a better person. And I don’t know about you, but when I find out about the vile beliefs and practices of some Hollywood™ starlets, well, they start to lose a lot of their attractiveness to me. In fact, I start to see ugly, just like the ugly I see with Jeff Bezos’ wife.

I mean, really. Wow. That’s a lot of plastic surgery. Seriously, does she not look like an alien that was constructed out of a scaffold of lizard DNA in a Tupperware® factory? If she and Bezos have kids I don’t know which they’ll look like: dime-store rubber geckos or a tube of Saranwrap©.

I do think that Epictetus, despite the handicap of being dead as well as gimpy, has done a good job at sketching out some of the things that have made Western Civilization great. There was a time that we nearly universally admired being just. Our culture is one that’s based on guilt, rather than shame, so being just comes from within.

Shame comes from without. In a shame-based culture (which describes most third world cultures) the idea is that cheating an old widow in Iowa out of her family fortune is acceptable unless you get caught. It’s clever, and they feel guilt only in being caught. Ever see any video of a foreigner getting caught doing something wrong on video?

I know you have.

What happens is that the shame kicks in. They can’t and don’t feel guilt over doing evil, only shame for getting caught doing evil. This explains why India looks like India and Nigeria looks like Nigeria. Good actions aren’t valued.

Next, Epictetus talks about the virtue of being even-tempered. Again, this is something that society selected for through its very construction. People who impetuously committed crime were systematically executed in Great Britain for nearly a thousand years.

Don’t think that has something to with keeping tempers in a bottle? It certainly does. And when men like that become warriors, well, Heaven help you if you push one over the edge into rage and wrath. That is something mythic, something that makes entire continents burn.

Lastly, Epictetus talks about self-controlled versus, well, not.

Again, this is a virtue that Western Civilization has lauded in its stoic male heroes who experience hardship yet come away stronger for the effort. Our very fables talk about men who never cry because they understand that they are masters of their emotions and can select which ones the let to the surface when the stress is running high.

This is not a bug like Hollywood© would try to make us think: this is a feature.

To one extent Epictetus is right: these are all necessary values for beauty, at least for me. They are also necessary values for everything that is required to move society upward, to keep us from being crabs in a bucket, drawing each other down for our own temporary gain.

And, Epictetus notes that these virtues are within our control, each and every one of them. Sure, if you come from a place that’s not been selecting for these behaviors for nearly a thousand years (and I could argue that Europe as a whole has been selecting for these behaviors for thousands of years) then it might be difficult.

But not impossible. And if it is impossible, then that person could rightly be called a savage.

All of Western Civilization is ultimately built on the idea that these are things that individuals can do, right here, right now through being virtuous. They are True. They are Beauty in themselves. And they are Good.

This is, in my mind, a major disconnect and why Western Civilization is hated by so many in the third world. They look at this wonderful cultural set of values of which we are exemplars (on our best days) through our own choices and feel envy. They want a world that looks like ours, but yet don’t want to change their behaviors.

This is why they don’t build.

This is why we do.

Are there other cultures with similar values? Certainly. Japan appears to have undergone a similar winnowing with respect to honor. Feel free to opine in the comments about other places that make the grade.

Like Western Civilization, though, cultures that have a large focus on just outcomes are susceptible to propaganda that plays on cultural guilt. Ever wonder why GloboLeftists pimped the 1619 Project? Like the entire Civil Rights movement, it was based on creating guilt in people who had committed no crime or offense.

And it was effective.

On white people. But it wouldn’t be on them.

I think that there still exists a strong fear on the part of white people to say, “Hey, I’d rather live among other white people.” It sounds scary to them. Yet, those same people wouldn’t bat an eye if black people wanted their own dorms that excluded whites.

It’s guilt. Our virtues have been weaponized against us. It’s so effective that even British people feel guilt over slavery, even when they effectively ended the international trade in slaves. Those who do this are, like Epictetus said, using every trick to be Beautiful to try to hide their true ugliness.

My guess is that’s why they really want the statues to come down. To see Western Civilization and all it has created is the biggest slap in the face to them and fills them with shame, so they have to either destroy it, or come up with some reason why they have failed to assuage their shame.

Continue in your quest for excellence, and understand those that will try to drag you down or fill you with guilt.

Ignore them.

And, in the immortal words of Abraham Lincoln,

“Party on, dudes!”

The Double Debt Mountain of 2026

“It’s just a metaphor, dude.” – Guardians of the Galaxy

I had bad credit, so I asked my high school geometry teacher if she’d cosine for me.

The economy looks “fine” on the surface. Fine, that is, if you believe the headlines. I sense, though, underneath it’s a double debt mountain that’s getting closer to a landslide every day, and someone is planting bombs along the slope. Okay, that’s a lot of metaphor. Let me see if I can pilot this ship home.

Damn. Another metaphor.

One bomb is the wallets of the kids.

The other bomb is in Washington.

Both are set to blow up the same people: Millennials and Gen Z, generations already hammered by housing costs, stagnant real wages, hordes of legal and illegal aliens soaking up employment, and women who forgot that the main reason they exist is to make more humans.

Good news? Yeah, there’s a tiny sliver. Credit card delinquencies on some non-housing debt leveled out in late 2025 according to the New York Fed®. But that’s like saying the fire department showed up and has the fire down to burning one house an hour in the neighborhood. The real picture is as ugly as an Antifa swimsuit pageant.

Yeah, it’s grim.

And all of their older women are coming down with prostate cancer.

Credit cards have become the new paycheck for millions of young Americans, and new companies have shown up to monetize even the smallest debts. Want to go to Taco Bell™ and pay for that Super Crunchwrap Supreme Bellgrande™ over the next six months?

You can do that.

Total credit card debt hit a record $1.28 trillion in 2025, up $44 billion in just three months. That’s not a blip: that’s paying for groceries on credit cards and only paying the minimum monthly payment. Delinquencies on household debt overall jumped to 4.8 percent, led by the kids. For people under 39, the transition into serious delinquency on credit cards is nearly double the national average.

Surveys show 56 percent of Gen Z are forced to use cards just to make ends meet because prices keep climbing. Sixty-six percent of Millennials say they rely on plastic to get through the month. Thirty-five percent of Millennials are carrying more than $10,000 in card debt.

Credit card debt, the gateway drug of insolvency. Sure, payday lenders and “buy here, pay here” car places are the crack cocaine and meth of debt, but it all starts somewhere.

Gen Z is running around $3,500 in average balances, while Millennials are pushing $7,000. They’re not buying yachts or avocado toast, they’re financing groceries, gas, and rent.

It’s Avocado’s number.

Here’s why this mess is worse than it looks:

First, real wages aren’t keeping up, and the system is rigged against the young. Gen Z and Millennials entered the workforce during the pandemic hangover, got crushed by housing prices we already talked about, and now face interest rates that make every purchase a long-term loan. The GloboLeftElite told them to “follow your passion” and rack up student debt for useless degrees that qualify them for entry-level retail jobs in malls that don’t exist anymore.

And they listened.

Credit cards fill the gap at 20-25 percent interest. For those that didn’t choose wisely and avoid jobs taken by Jugdish, life is not luxury. It’s debt, roommates, and used couches that smell vaguely of fish. Forever. One bad month due to a mandatory car repair, unexpected medical bill, or if Egyptians convince them to invest in a pyramid scheme, and they’re in the hole they can’t climb out of.

Chuck Norris had a grizzly bear carpet in his bedroom. It’s not dead, just scared to move.

Second, banks and card companies love debt. People don’t get poor because they don’t make enough money, they get poor because they give it away to everyone else: ask the Amish.

Banks are making fat margins on revolving debt while pretending everything is peachy. Delinquency rates are rising, but not fast enough for the suits to panic yet. They know the game: extend and pretend and as long as we get this quarter’s bonus, it’s all copacetic. Just like with the housing market in 2008.

Meanwhile, the official unemployment rate looks fine because more paper-pushers are getting hired in the last growth industry: government jobs.

The real economy? Productive private-sector work is stagnant. Young people are borrowing to eat.

Third, this consumer debt bomb feeds right into the bigger federal debt bomb. Washington has its own plastic problem, except it’s measured in trillions. National debt sits north of $38.5 trillion. Net interest payments are projected to hit $1 trillion in fiscal year 2026 and interest payments are already bigger than defense spending in the first quarter of this year.

Interest already eats 19% of all federal revenue. By 2036, CBO says it doubles to $2.1 trillion and consumes nearly a quarter of everything the government takes in, but the CBO is always low, because they have to use the assumptions that Congress made up. Yes. AOC is responsible for the rules of the game.

But what do we want to spend our money on?

Defense? Medicare? Infrastructure? Sorry, the interest check has to clear first.

What you get when you cross a human with a moose? Arrested, apparently.

Fourth, the GloboLeftElite solution is always the same: print more, borrow more, kick the can. National debt doubles every eight years. The Fed and Congress act like debt is free because they control the printer and don’t have to worry. Higher debt, though, means higher interest rates, which means even more debt service, which means . . . you get it. It’s a doom loop.

Every time they “stimulate” to keep the economy looking good for the next election, they make the next crisis worse. And who pays? Not the politicians. Not the connected class in D.C.

It’s the taxpayers, especially the young ones who haven’t built wealth yet, but yet were forced to watch the abomination that is Scrappy Doo™.

Fifth, the generational theft is obvious. Boomers got cheap debt, rising home values, and that long summer of the 1980s and 1990s. Oh, and pensions that actually worked. Millennials and Gen Z get 24 percent credit card APRs, $1 trillion in federal interest payments crowding out future programs, and a promise that “we’ll import more workers” to fix the birth rate collapse caused by imported workers, interest payments, and . . .

Female empowerment.

Female hypergamy and economic despair already delayed families, and they’ve reached civilization-ending levels with Gen Z and Millennial female solipsism. Now add maxed-out cards and a government that can’t even pay its own interest without borrowing more.

The kids who should be having kids are busy paying Visa® instead.

Before I was adopted, my selfies were called “family photos”.

The result? Gen Z and Millennials fall even further behind. They delay marriage, delay kids, delay life. Birth rates keep dropping. The GloboLeftElite flips from “stop having babies, save the planet!” to “import babies, we’re not having enough!” in one generation because their policies broke the math.

Young couples look at the spreadsheet listing rent, cards, future taxes for Boomer pensions and federal interest and decide “maybe later.”

Or never.

But me? Debt mountains? Debt landslides? I think I need to stop with my metaphors because they’re making me sneeze. Metaphors really set off my analogies.

The Housing Mess of 2026: At Least We Have Ramen

“They’re only noodles, Micheal.” – The Lost Boys

I entered a contest and won a lifetime supply of ramen. I took the $20 instead.

Let’s start with the sliver of good news, because in this market it’s rare enough to mention: Many illegals have left the country. Not enough, mind you, but enough to show just how fake this economy is. The result is real. Rents are down where illegals live.

At least a little. I found a great place to rent, fully furnished, but then the clerk told me it was a liquor store.

Sigh.

The Department of Housing and Urban Development to straight-up say illegals drove up to two-thirds of rental demand growth in recent years, so when .gov admits the problem, you know it’s really worse. After years of unrestricted immigration flooding the rental market, the brakes got tapped. Studies show that renter household growth cooled once immigration restrictions hit.

Average rent that hovering around $2,000 a month are finally showing some give instead of the nonstop 36% climb we saw the last five years. This is, at least a small win for the working guy who just wants to keep the roof over his head while he eats ramen and smokes recreational weed.

Now the bad news.

And there’s plenty of bad news.

Housing is now unaffordable to Gen Z, and it is far worse as a percentage of their income than for any previous generation. 67% of Gen Z adults say they’re struggling to cover housing costs. That’s higher than Millennials (53%), Gen X (54%), or Boomers (36%).

When I grounded my Gen Z kids, their punishment was to go out and socialize. (meme as-found)

Homeownership for Gen Z sits at just 27.1% in 2025 data rolling into this year, which is a tiny bump from the year before, but miles behind where previous generations stood at the same age. Zoomers need to earn over $112,000 a year to afford the median house.

The problem? Median household income lags by about $25,000. Nearly two million young households simply vanished from the market in 2025 because the math doesn’t work. Housing is chewing up 40-50% of take-home pay. That’s not a stepping stone to a family and 2.6 kids. That’s a millstone.

Let’s delve deeper into the problem.

First, housing areas are limited, and the mass blight of urban hellscapes led to the creation and flowering of suburbia, where people could move and raise a family in relative safety. Let’s be honest, a huge part of suburbia was economic segregation from . . . economic factors. Suburbs? You have to have a certain income level to live there.

When I think about the meaning of life, I think about three factors: 2, 3, and 7. (cartoon as-found)

Good schools. Low crime. Space to breathe. No economic factors.

That flight from the cities created the demand, but supply never kept up. Zoning, NIMBYs, and decades of stupid policy turned safe family neighborhoods into a scarce luxury good. Housing prices have risen much more than inflation. While wages wobbled along like me on a Saturday night, home values sprinted like me out of the office on Friday afternoon. Suburbia went from attainable dream to gated fortress most young people can only stare at through the fence.

Second, interest rates are up. That’s the sort of thing that happens when the cash printer is on high and the oil pump is on low. Higher interest rates lead to higher home costs for the same price house, as interest eats up more and more of the (now higher) payment.

Mortgage rates eased to around 6.2% by the end of 2025, but that’s still double the pandemic-era giveaway lows. A $400,000 house that felt doable at 3% now demands a monthly payment that feels like indentured servitude. Equity builds slower. Gen Z runs the numbers on their phones and decide roommates, ramen, and the low-rizz life beat the alternative.

Third, houses are treated like an economic appreciation machine whose values never go down. This has led to many borrowers taking out loans near the peak value of their houses, and that peak value locks them in. If they sell at a loss, they lose actual money, so they can’t sell for less than they owe.

We’re actually at an all-time high for the Google® search term “can’t sell my house.” Google Trends just hit record levels in February 2026: higher than 2008, higher than the COVID frenzy. Sellers are frozen. Buyers can’t bridge the gap. The shut down like a date with a Kardashian when you tell them you’re broke. Houses stopped being homes and turned into leveraged bets on eternal growth.

Markets don’t do eternal.

“There are no mistakes, just happy little accidents.” Bob was a horrible nuclear physicist.

Fourth, banks don’t want foreclosures to hit the market. Why? It makes the rest of the loans in their portfolio worth less, so they’re incentivized to sit on houses rather than sell them and realize the loss on the books. Foreclosure filings jumped 14% in 2025 to 367,460 properties, but that’s still historically low and banks are dragging their feet with modifications and delays. How much of the current private credit crisis is due to just this? My guess is: plenty. Those balance sheets are stuffed with crappy paper because it was different this time.

Fifth, those nice suburban houses with a thirty minute to sixty-minute commute are now even more expensive because the fuel to drive to where the jobs are at is much higher thanks to Gulf War IV. Or is it Gulf War VI? I forget. That suburban split-level two towns over suddenly costs a fortune just to reach. The effective price of the dream just went up again.

The result of this mess is that Gen Z gets further behind. The kids that should be having kids aren’t. There are several factors to this, especially female hypergamy where every female (thinks she) is above average, but every male is below her standards. But the sheer difficulty in having a home in which to raise kids is massive is also killing family formation. No stability, no backyard, no “let’s start a family” talk that ends in anything but spreadsheets that fill with negative numbers.

Is a 4 with a 6-pack a perfect 10?

Birth rates keep dropping. In one generation, we went from the GloboLeftElite telling us to stop having kids because “the planet can’t handle more!” to the GloboLeftElite telling us we need to import kids because we need workers.

They break the system, then demand more system to patch the system they created. Young couples look at the numbers and decide “maybe later.” Or never. Unless they’re from (spins wheel) Somalia. In that case, it’s free fun and prizes while you bring in an alien people with an alien religion.

The good news?

This type of mess always sorts itself out. The cure for high prices is default and deflation. If the market is too far cooked, well, look out below. The United States doesn’t have magic dirt to turn Somalis into Americans, and houses aren’t magic wealth machines. When enough locked-in owners and over-leveraged banks finally crack, inventory floods, prices reset, and affordability returns.

It won’t be pretty. Foreclosures will spike. Portfolios will bleed. Credit markets may lock up. The Google® searches for “can’t sell my house” will turn into actual sales at prices that make sense again.

I used to have a really funny polio joke, but no one gets it anymore.

A housing crisis wouldn’t be big for the country, would it?

Nah. Just trillions in pretend wealth gone, generational transfers halted, and the kind of reset that makes 2008 look like practice.

Prepare accordingly. The reset is coming.

I’m glad I like ramen.

Civil War 2.0 Weather Report: A Chilly February

“Wayne coming back is change. Change is either good or bad. l vote bad.” – The Dark Knight

Is your refrigerator running? If so, I might vote for it.

Those who have an opposing ideology are considered evil.
People actively avoid being near those of opposing ideology. Might move from communities or states just because of ideology.
Common violence. Organized violence is occurring monthly.
Common violence that is generally deemed by governmental authorities as justified based on ideology.
Opposing sides develop governing/war structures. Just in case.
Open War.

Volume VII, Issue 10

Most memes except for the clock and graphs are “as found”. I have maintained the Clock O’Doom at 9., given the open support of assassination and criminality by the GloboLeft and the increase in violence as well as direct interference with ICE and the insertion of the military into law enforcement. Beware: the number can climb quickly.

My advice remains. Avoid crowds. Get out of cities. Now. A year too soon is better than one day too late.

In this issue: Front Matter – Gerrymandering Risks – Violence and Censorship Update – Misery Index – Updated Civil War 2.0 Index – But Who Will We Be? – Links

Front Matter

Welcome to the latest issue of the Civil War II Weather Report. These posts are different than the other posts at Wilder Wealthy and Wise and consist of smaller segments covering multiple topics around the single focus of Civil War 2.0, on the first or second Monday of every month. I’ve created a page (LINK) for links to all of the past issues. Also, subscribe because you’ll join nearly 840 other people and get every single Wilder post delivered to your inbox, M-W-F at or before 7:30AM Eastern, free of charge.

Gerrymandering Risks

I’ve been concerned for some time that Trump’s attempt to redo the gerrymandering of the states with Republican control will end up not working out the way he thinks they will. Right now, there are a total of 218 Republicans in the House of Representatives, the minimum number required for a majority of a full House. There are a few vacancies.

Trump’s strategy has been to drive the strongly Republican-controlled states to gerrymander so that more Republican representatives would be elected. The difficulty with this is that there is an optimum number so that the seats are safe for the party drawing the districts, yet impossible to lose. The impact has been the change in districting so, if things work well for the Republicans they would pick up between 7 to 9 additional seats. The Democrats weren’t idle, changes they initiated will likely end up driving 5 or 6 states their way. That is, however, dependent upon the Republicans maintaining their current level of support.

In 2018, Republicans lost 26 House seats in Trump’s first term. Even with gerrymandering, a similar performance would lead to Republicans losing 23 House seats. However, with the remaining Republican vote spread thinner in states like Texas, what’s the likelihood that 30, 40, or even 50 seats are lost?

That’s not enough to override presidential vetoes, but it is enough to pass a never-ending stream of impeachments against every Republican appointee. Would they be convicted in the Senate?

No. But it would create a series of political events that would further polarize the public, and pull us closer to Civil War, and Trump’s ability to impact the laws of the nation will be crippled.

Violence and Censorship Update

More censorship that violence this month, as usual (until it’s not). Let’s start with the United States:

According to GloboLeftists, being okay with being white is evidence of hate:

And, apparently GloboLeftists are unfamiliar with hydrology, and always look like this crazy-eyed cat lady:

Who is unfamiliar with maps:

But there is still far too much censorship among a certain set of files. Why?

Before we get to Europe, let’s look at how the Europeans are being used to try to shut down our ability to say what we want:

And certain speech is especially hated, even in Islamic France:

And Germans have utterly lost the plot:

Although this is parody:

This isn’t. Police yourself, citizen, because even legal speech can be illegal.

Misery Index

The new Trump administration is shown in red. Results continue to be much better than Biden’s misery numbers.

But nobody is buying houses, and the war with Iran won’t help that, but deflationary housing would be good for the kids.

Updated Civil War II Index

The Civil War II graphs are an attempt to measure four factors that might make Civil War II more likely, in real time. They are broken up into Violence, Political Instability, Economic Outlook, and Illegal Alien Crossings. As each of these is difficult to measure, I’ve created for three of the four metrics some leading indicators that combine to become the index. On illegal aliens, I’m just using government figures.

Violence:

Violence indicators are up sharply this month, and, although they aren’t George Floyd-levels, you can see that from here. And there’s a lot of frustration with illegals who are killing us:

Political Instability:

Down is more stable, and it went up slightly this month. I anticipate it going up again in March, especially since half of the population hates Americans and 40% of the other half don’t want a war with Iran.

Economic:

The economy up just a smidge this month, but I think the bubble has some pretty grey hair and some other headwinds are on the horizon.

Illegal Aliens:

Still the lowest level since the Weather Report started.

But Who Will We Be?

Imagine a country that no one wants to fight for, because no one thinks of it as anything but a short-term economic investment?

As an American, I can trace my ancestry through about three main nations. Even the word nation is based on the Latin word “natio”, meaning birth. My ancestors have been here for a minimum on three generations, and many fought back in the Revolutionary War. When I was born, I was born into a nation. Most of Americans were in the same basket, we had no fealty nor acceptance in any other place in the world. We were here and this was our land.

Now, in the West, it has become the norm to look down on the natives, and turn the United States from a nation into a country. An example I’ve mentioned many times are Indians. Indians have nothing in common with heritage Americans. Nothing, except, perhaps that they like oxygen, too.

Can you imagine a presidential candidate creating a monument to a foreign leaders for worship? Okay, I should ask that after the Iran war. Although I think the picture below is probably A.I., you could certainly see someone like Vivek doing something like this, because they are nothing like us.

Judges with dual citizenship. FEDERAL JUDGES with dual citizenship and Star Wars™ names ruling on citizenship. These people have only the barest understanding of America, but they create rulings that impact a country they barely understand.

Europe is ahead of us on this track. Germans have been taught since 1945 to hate Germany. Is it any wonder that Germans won’t fight for their once proud nation, especially since in 2050 or so it will be Turkish?

And England, our mother country has ceased to have Englishmen that are willing to fight and die for it. Why?

An increasingly fragmented country is one that will lead towards Balkanization and terror. The GloboLeft do not understand this, but it is still the case that mass deportation is the most moderate choice that we can hope for.

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