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Beneath the Surface

Maintaining Sanity in the Spin-cycle Reality

Loading ...Andrew Packer

December 3, 2024 • 4 minute, 31 second read


censorshiptariffs

Maintaining Sanity in the Spin-cycle Reality

A “Give your head a shake” interlude

James West
Dec 03, 2024

Not sure to what extent AI, crypto, right wing extremism, interest rates and inflation, whack-a-mole investing and government corruption is infecting your day-to-day. But thought a conversation about maintaining clarity and priorities was in order.

Keep scrolling, as they say, if this is of no interest to you.

In my case, keeping tabs on what I see as threats to my way of life has become the largest screen-time contingent of the daily information mix.

It would become a major cause of anxiety if I was wired differently. Instead, it’s all just a distraction.

It is said that anxiety arises from contemplation of the future, while depression comes from dwelling on the past.

Both of these mental conditions occur within one’s own head, as part of the non-stop internal dialogue that we maintain.

As somebody who writes on a daily basis, it is natural to spend a great deal of time inside my head thinking thoughts that are hopefully maybe relevant…or even insightful. Trying to describe through writing what is happening in the world is an exercise ultimately in talking to one’s self.

But what I’ve learned at the ripe age of 60 is that the best things in life tend to happen outside of one’s head. Like, in the real world.

Walking around in the forest with no particular thoughts, observing and inhaling and touching the indifferent life forms for whom the entire human enterprise is only the source of all noise and destruction is a form of cleansing of the spirit.

The Japanese refer to this exact practice as Shinrin Yoku; literally “forest bathing”.

I only learned about this Japanese practice after a lifetime of emulating it without having a formal definition of it. It has been a rule of mine to prioritize exposure to forest settings every day far and above the pursuit of material wealth.

But not just intentionally immersing myself in nature.

There is immense peace of mind and gratification that comes from chopping firewood, milling timber into lumber, building goofy outdoor furniture, making chimichurri, or bread, or mucking about with irrigation pumps and pipes and filtres and washers and valves and gardens and machinery. This similarly derived from a contemplative application of the physical body to the physical world with only minimal input from the brain.

Within the mundane tasks of the physical world lies the path to mental serenity.

For this reason, no matter the burden of imagined obligations, deliverables, follow-ups, revisions, scheduling and zoom calls, I make sure to take at least a couple of hours in the middle of the short winter day and go outside, breathe deeply and forget about that fabricated mental static and relax with a menial chore or two.

*****************

I now have two choices in creating original written content with financial and political themes: parrot the sanitized zeitgeist of the day, or wax full conspiracy theory/doomsday predictions. Everything else is just not click-worthy. Apparently.

Or worse.

If the editorial tone comes across of too political, or (especially) too critical of tech companies or their egomaniacal CEO’s, the post is deleted, or else shows up in no one’s feed, rendering the author and the sentiment invisible.

Censorship has never been more thorough or more easily triggered.

And there is nothing more triggering of agitation than to see a piece of content one has agonized over for hours or in some cases days be arbitrarily cancelled because it offends some poor billionaire’s sensibilities to the point where he has enlisted algorithmic agents of search and destruction to sniff out and suffocate them.

Truly original, controversial, or critical arguments cogently presented are now so efficiently snipped out of the media feed (thanks to Google, Apple and Facebook) that there are only chocolate and vanilla to choose from.

And so, the Closing of the American Mind (1987, Allen Bloom) has been perfected to such a degree that there is no diversity of opinion any more; there are just variations of the same opinion.

Take, for example, the “tariff” canon Trump fired that rattled Canadian PM Justin Trudeau so thoroughly that he jumped on a plane for a pilgrimage to Mar-a-lago, ostensibly to educate Trump.

The success of that mission had about as good a chance as teaching a donkey to poach eggs.

Yet why do we care? Trudeau’s smoke-blowing “we gotta take this guy seriously” posture only serves to cement his relationship with Trump as subordinate.

Anybody with a sense of even recent history knows that Trump uses shock and awe language to scare weak targets into submitting to lesser demands. If anything, Trump is the reincarnation of Machiavelli, if not his unwitting apprentice. Actually, Trump is more like Machiavelli and Nero rolled into one.

But see?

This is what I’m talking about. Under the threat of 25% tariffs, everybody in Mexico and Canada is getting all worked up and wondering “what does it all mean” for me and mine and us and ours?

Is my life about to get 25% more expensive? Am I going to pay 25% more in taxes? Are there bad men coming to take me away?

Yes to all of the above. Which is why you need chill TF out and go outside and find some forest and build some shit and go all in on XRP. Breathe.

 

~~ James West, Midas Letter


Dan Denning: The Hollow Class, Part I

November 11, 2025 • Addison Wiggin

A 50-year mortgage doesn’t make housing cheaper. But by stretching the repayment period over time, it DOES lower the monthly payment on your principal. That lowers the percentage of your total income you’re spending on repayment. And in a strange way, it makes sense.

With a fixed rate mortgage and inflation running in the high upper digits, the real value you of your total debt goes down over time (inflation pays off your loan, as long as your income rises faster in nominal terms). Of course you pay off a lot more interest over 50 years than 30 years. And it takes a lot longer to build up equity (assuming also that house prices don’t fall).

Dan Denning: The Hollow Class, Part I
An Armistice of Convenience

November 11, 2025 • Addison Wiggin

Last night’s 60–40 Senate vote shoved the government back toward “on.” There’s apparently a shutdown truce… for now.

A bloc of Democrats “crossed the aisle” after weeks of getting nowhere on health-care demands. “We had no path forward… and SNAP beneficiaries were losing benefits,” Sen. Tim Kaine, one of the 7 who conveniently aren’t up for reelection, said.

The new deal funds Washington only through January, tacks on three bills to keep parts of Defense, Ag, and the Capitol complex humming through 2026, reverses shutdown-era RIFs, and restores back pay.

The House is next; the president says he’ll sign it fast when it gets to the Oval Office.

An Armistice of Convenience
The Quality Stocks Index Is A Screaming Buy… For The Long Haul

November 11, 2025 • Addison Wiggin

The S&P 500 Quality Index ranks companies not by market cap or a compelling AI story, but rather by fundamentals. Earnings, profit margins, and financial leverage. Reasonable debt.

You know, the kind of stuff that makes your eyes glaze over. And the type of companies we like to hold for the long haul in our model portfolio.

The Quality Stocks Index Is A Screaming Buy… For The Long Haul
Barry Brownstein: Economics of Gratitude: What New Yorkers Forgot About Prosperity

November 10, 2025 • Addison Wiggin

If I were to sum up the mindset of New Yorkers who elected Zohran Mamdani as mayor of New York City, it would be We want something for nothing, and we want the rich to pay for it. Instead, they will get nothing for something, and they will pay for it with a degraded quality of life.

Mamdani’s victory was paved with ingratitude for the blessings New Yorkers receive daily. The mindset demanding “something for nothing” from society is not just a political phenomenon, but a profound lapse in economic understanding and moral character.

Barry Brownstein: Economics of Gratitude: What New Yorkers Forgot About Prosperity