NYC Exodus

Last night ChatGPT extrapolated an 80% chance of Mamdani winning the NYC mayoral race. Today Newsweek quotes an 73% chance, close enough for me. As I predicted eighteen months ago, I expect the larger blue States to go off the rails and the Mamdani win is a big confirmation, along with ICE madness in California, antifa violence in Oregon and rampant tax increases / new regulations in Washington State. These are dysfunctional reactions to long-term legacies of monetary design. The US dollar was a reasonable model in 1913 but today lacks nuance and adaptation to locality, which are almost certainly part of the BRICS exchange announcement at Rio in July.

The party that shrieked "TRUMP IS HITLER" for months just selected a candidate who literally ran on a platform of "KILL THE JEWS" ("Globalize the Intifada"). Incredible. Jewish organizations confirm my prediction by issuing a warning for Jews to move out of NYC as soon as possible.

Debtors never believe debt matters... until they're dangling over a vat of acid. And even then... especially then... they'll believe ridiculous lies from one more smiling face like Newsom or Mamdani before they'll admit their true predicament.

From my post yesterday:

"Mamdani now leads the NYC mayor primary race on promises of "rent freezes, free child care, free transportation, cheaper groceries and $30 per hour minimum wage" despite a multi-billion deficit and fleeing tax base."

General rule of thumb: Sell blue, buy red.

The Democrats, like the Republicans, only grasp one side of the Keynesian equation, so their proposals / actions tend to increase disequilibrium. I'll probably expand more in a day or two. Here's a prologue entry:

Equilibrium