I’ll try hard not to virtue signal about the events of last night. I was transfixed by the widespread riots, just like everyone else. I catalogued them on my Twitter account for 8 hours straight. Feel free to peruse those videos to get a taste of what America’s largest cities felt last night.
America has been a tinder box for as long as I’ve known her, vast income inequality, poorly trained law enforcement officers, lack of inspirational leadership, obvious fuckery in DC for decades supporting wars for the purpose of death and profit. The events of last night, on the surface, looks like a response to the murder of George Floyd — but that was merely the proverbial straw that broke the camels back and now with the levies broken — wanton criminality and discord are permitted freely to raze America without reproach, save NYPD, and it’s happening during the very worst time in American history — financially speaking.
Watching malls burn and neighborhoods reduced to ash, I couldn’t help but to think they’d never be rebuilt. Municipalities are already broke. Government cannot keep tapping debt markets and/or creating funny money to support this rigged system of profligate spending — the verisimilitude of success.
For two months America has been in lockdown — forced to adhere to the strictest social distancing rules in her history. Jobs were lost. Government sent out checks to placate the citizenry and encouraged obedience. Austere rules were respected and people ZOOM’d one another instead of enjoying each others presence. And then the country exploded — forgot all of that — and mobbed in the streets by the thousands — conveniently donning their COVID-19 masks to shield them from conviction for the crimes they committed in the name of injustice. The irony is rich with absurdity and we shouldn’t just discard the events of last night as “more left wing discord” financed by Soros. There is a sickness in the country, a melancholy sadness that is at the root of all this. We’ve bore witness to interminable acts of violence the past decade, and as horrible as it is to see a shopping mall looted and burned, it’s preferable to a crowd of concert goers being mowed down by a lunatic perched above with a machine gun in Vegas.
And still…markets will likely gap higher on Monday — based off some newly minted stimulus scheme to help cities rebuild.If you enjoy the content at iBankCoin, please follow us on Twitter