Insurrection Act
I dismissed Democrat fears of the Insurrection Act as mostly hysteria, purposely fanned by malicious conspirators. But invocation seems more likely now after Friday's Supreme Court ruling.
Human weakness is why fiat paper fails.
Gold has been a warning sign for two years.
Grok>
"The Insurrection Act has been invoked 30 times in U.S. history...Public sentiment on X reflects uncertainty, with some users estimating a 25-30% chance as of April 13, 2025. Given the absence of a confirmed crisis today and the significant risks of invocation, I estimate the odds at 20-25% over the next 30 days."
Oh, well.
Gold rose from $35 to $850 during the 1970s and we're probably in a similar financial reaction to paper debt. This implies a crisis peak of $7200 with $300 as the crisis start but I think $1100 is a more realistic start. Do your own calculations.
Debtors never believe debt matters until they're dangling over a vat of acid. Notice that the Federal Interest chart hasn't been updated in seven months? The Biden administration hid many unpleasant facts from the public.