GSI Banner
  • Free Access
  • Contributors
  • Membership Levels
  • Video
  • Origins
  • Sponsors
  • My Account
  • Sign In
  • Join Now

  • Free Access
  • Contributors
  • Membership Levels
  • Video
  • Origins
  • Sponsors
  • Contact

© 2025 Grey Swan Investment Fraternity

  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
  • Do Not Sell or Share My Personal Information
  • Whitelist Us
Beneath the Surface

Wildness Lies In Wait

Loading ...Addison Wiggin

July 26, 2024 • 9 minute, 5 second read


Wildness Lies In Wait

“We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard…”

– John F. Kennedy, 1962


[Exciting News: You’re now seeing Grey Swan Investment Fraternity branding for this email, representing our new mission. There’s nothing you need to do on your end to continue receiving your emails. Our “new look” simply better represents our goal of delivering you deeper access to the Grey Swan intelligence community — and warn you of potential low-probability, but high-impact events. Watch for the Grey Swan website soon!]

July 26, 2024 — What a difference a couple of generations make.

If you need a sign that the American empire is in decline, simply look around. You can find social decay, deteriorating infrastructure and rapidly emptying inner cities. Rising crime, rampant drug addiction and crony capitalism.

Political violence is barely a protest (or rally) away. And why not?

Let’s look at what the politics of social justice and empire have wrought. What follows is a short exercise in inductive reasoning from one state… to the nation.

From the nation to the world.

“Kamala Harris is responsible for California’s 31% more violent crime and 3x more homeless,” writes Michael Shellenberger, a long-time resident of San Francisco, examining what she did and didn’t do as a District Attorney, Attorney General, U.S. Senator, and Vice President. (Read at your peril.)

Over the past decade, nationally, the story doesn’t get any better.

Trump got us started with a trade war against China and the greatest political sellout move in U.S. history, leading to $6 trillion in “emergency” Covid spending.

After that, historic inflation was inevitable.

Then, to our great relief (sic), Biden takes up the challenge, including passing a spending program called the Inflation Reduction Act.

If Trump could lock down the economy… well, the humble careerist from Scranton could do even better.

There’s really no way to avoid the outcomes. You can strip out all the jingoist, political posturing during this election cycle (from both national parties) and you still get, hmn… screwed:

Average Hourly Wages:

Turn Your Images On

Encounters at the Southwest Border:

Turn Your Images On

Change Since January 2021:

Turn Your Images On

Turn Your Images On

Turn Your Images On

Turn Your Images On

Consumer Price Index since 2016:

Turn Your Images On

Do we need a more centralized government to fix the ills of “centralized government”?

“What would the world be like,” reader Gary M. takes the question globally, “should the USA pull all its military forces out of foreign lands and we stop giving free handouts to them. Will that vacuum be filled?”

“Unfortunately,” we have responded to Gary, in part,  “these kinds of historical shifts are what global wars are made of.”

The hard truth is, the U.S. cannot afford to keep policing the world, nation-building, spying on its allies, forcing alliances against the BRICS nations, and supporting NATO, among other populist projects the world-improvers in Washington get paid to promote.

The United States’ withdrawal from their limited edition of global empire will be no different, we suspect, than the long, slow decay of the British Empire before it.

We’ll be witness to haphazard, random events. Violent episodes. And a host of grandstanding populists who claim credit for successes and blame some other politically expedient villain for failures.

We’ve already had a dress rehearsal with the withdrawal from Afghanistan.

Populist politics from both extremes at home won’t make the process any easier.

The “elites” are going to continue pushing policies that benefit themselves. “Patriotism” and “the good of the nation” are only invoked when special interests need to persuade blocs of the mindless vote to back some initiative that is inevitably not in their best interest.

To be continued, for sure…

As the French, born in the trenches of World War I, would say, “Sauve qui peut!”

Bill Bonner has more on one particular episode of political violence we witnessed just two weeks ago. Enjoy ~~ Addison

CONTINUED BELOW…


Sponsored By Eagle Publishing

Mark Skousen’s Secret Back Door into the
Lucrative World of Private Equity

Turn On Your Images.

This investing legend gave a talk to a small group in the heart of Washington, D.C. In it, he revealed the cornerstone of his retirement plan – and the one investment that helped make him a millionaire. Click here to watch Dr. Skousen’s presentation.


CONTINUED…

At the End of Empire
Bill Bonner, Bonner Private Research

On the surface, the story does seem preposterous. The US has seventeen different secret service-type agencies. On or near the scene in Butler, PA were dozens… hundreds… thousands… of people on the payroll charged with protecting the government and its operatives (including aspiring Commanders-in-Chief).

Local cops. State cops. FBI. Homeland Security. ATF agents. Army. Marines. The list goes on and on.

All were armed with the latest robo-cop gear… the latest intel, coming from snoops and spooks all over the country… and the latest crime-busting tactics.

How could they fail to stop a callow amateur, shooting from an obvious vantage at the man who must be the most obvious target in the whole world?  How could a kid with an aluminum ladder foil a billion dollars’ worth of trained, professional security?

It is so preposterous… it must be true, right?

The premise — laid out by the former Chinese ambassador to the US — is that America has changed dramatically from the country we grew up in.

What caused the change? Where does it lead?

And the botched ‘assassination attempt’ on Donald Trump? How does that fit in?

November 22, 1963

We were fifteen years old when JFK was murdered. That assassin didn’t miss.

We recall how the nation mourned… and how everyone remembered where he was when Kennedy’s death was reported. No one joked about it. And no one forgot it.

Mrs. Kennedy, still wearing the blood-stained suit she had worn in Dallas, had stayed with the body until it was brought into the White House. There it lay, for twenty-four hours, guarded by Green Berets.

The next day, the casket was laid onto a horse-drawn caisson. Three hundred thousand people lined Pennsylvania Avenue and a whole teary world watched on television as the procession slowly marched to the Capitol. The crowd fell silent as the caisson went by… followed by a riderless horse, Black Jack. The only sounds were muffled drums and the clank of horses’ steel shoes on the pavement.

In the rotunda of the US Capitol, Jackie Kennedy took her two children in hand to kneel beside the coffin. She had asked for a closed casket; her husband’s head had been shattered. Outside, another quarter of a million people lined up in near freezing temperatures… the line was said to stretch for forty blocks… to say farewell.

One of the last mourners, at 2:30am was former heavyweight boxing champion, Jersey Joe Walcott, who said simply: ‘He was a great man.’

And then, there was the doubt… who really did it, and why? Did the dots know the pattern of which they were a part?

Kennedy had announced his clear intention to pull away from war. Dan Denning comments:

The Kennedy ‘Peace Speech’ was on June 10, 1963. At 11:45 [minutes into the speech] he makes the point you did about no nation suffering more than the Soviets in World War Two. At 19:44 he talks about the ongoing negotiations in Geneva for a ‘general and complete disarmament.‘

Kennedy had already noted that the CIA was out of control and vowed to break it ‘into a thousand pieces.’

Later, at American University he clearly aimed to follow through on Eisenhower’s warning and prevent the firepower industry from getting control of America’s government.

Did the secret service/CIA/military, industrial complex strike first…conspiring to kill Kennedy? Did they organize it with the Cuban mafia… or did they merely forget to report the threat from Lee Harvey Oswald, whom they had been following for years? Or, did they have no conscious involvement, none at all… maybe it was just one of those coincidences that make history – getting rid of the one the man who might have stopped America’s degeneration into a warfare state?

Was not Lenin shipped to Moscow on a special train provided by the Germans?

Was not the young Stalin sent to Siberia… and allowed to escape?

Did not Abraham Lincoln go to the theater, even though he might have preferred a quiet evening at home?

The dots act within the patterns of history. They do not know where it is headed or choose its direction. But they help it get where it is going.

In the mainstream media, Trump’s star has risen. He has achieved a kind of folk hero status. He survived a bullet. He survived ridicule and derision. He survived salacious reports about p#$$y grabbing and paying off a porn star to keep quiet. He survived grand juries, as well as state and federal prosecutions. He survived four bankruptcies and three marriages.

Now, he is even more likely than ever to be our next president. By contrast, Joe Biden’s election prospects are dim. Poor Joe’s brain seems to be clouding over day by day… while Trump’s brain, such as it is, is sharp and clear.

Outside of the mainstream, meanwhile, opinions are more nuanced. Some analysts see the US drifting into such lawlessness and violence that a 20-year-old kid shoots a former US president. Others wonder whether the Secret Service really wanted to keep Trump alive. Still more daring is the thought that maybe the powers-that-be set him up.

‘We can’t trust the politicized FBI to handle the probe of the Trump assassination bid,’ writes Jim Bovard in the New York Post.

Then, who can we trust?

Where are our ‘great men’ today? ~~ Bill Bonner, Bonner Private Research


Sponsored By Grey Swan

October Surprise: Still Time to Act NOW

Turn On Your Images.

It doesn’t matter who is running for president. This is what you must do now to protect your wealth, your family, and your safety before the next shoe drops. Click now before it’s too late.


So it goes,


Addison Wiggin
Founder, The Wiggin Sessions

P.S.  Okay, I admit it. Our politics have put me in a particularly sour mood today. At least it’s Friday and the Olympics will revel us with a little ‘bread and circus’ for the next two weeks.

Other than that… you can let me have it, if you must, right here: addison@greyswanfraternity.com.

How did we get here?  For a complete review of the financial, economic, and political history of the United States from Demise of the Dollar through Financial Reckoning Day and on to Empire of Debt — all three books are available in their third post-pandemic editions.

Turn Your Images On

Empire of Debt: We Came, We Saw, We Borrowed is now available at Amazon and Barnes & Noble or if you prefer one of these sites:Bookshop.org; Books-A-Million; or Target.

Please send your comments, reactions, opprobrium, vitriol and praise to: addison@greyswanfraternity.com


From Permission to Possession

December 12, 2025 • Addison Wiggin

America has consistently reinvented itself in times of crisis. The founders survived monarchy. Lincoln survived disunion. We’ve survived bank panics, oil shocks, stagflation, and disco. We’ll survive deplatforming, too.

The Second American Revolution won’t be fought with muskets or manifestos. It won’t be fought with petty violence and street demonstrations. It will be written into code. And available to those who wish to take advantage of it.

Russell Kirk called the first American Revolution “a revolution not made, but prevented.” The second will be the same. We’re not tearing down the house — we’re going to rewire it in code.

The result may not be utopia. But it will be freedom you can bank on.

From Permission to Possession
Debanking the Outsider

December 11, 2025 • Addison Wiggin

Treasury Secretary Scott Bessent has called stablecoins, including USDC, “a pillar of dollar strength,” estimating a $2 trillion market within five years. U.S. Treasuries back every coin.

Bessent’s formula even suggests that a broader, more efficient market for US dollars will help retain its best use case as the reserve currency of global finance… and, perhaps, help the current administration address the nation’s $37 trillion mountain of debt.

In trying to cancel a man, the establishment accidentally reinforced the dollar, and may add decades to its life as a useful currency.

Debanking the Outsider
The Second American Revolution Will Be Digitized

December 10, 2025 • Addison Wiggin

As we approach the 250th anniversary of the United States, it’s worth recalling that our first Revolution wasn’t waged to destroy an order — it was fought to preserve one.

Political philosopher Russell Kirk called it “a revolution not made but prevented.” The colonists sought not chaos but continuity — the defense of their “chartered rights as Englishmen,” not the birth of an entirely new world. Kirk wrote:

“The American Revolution was a preventive movement, intended to preserve an old constitutional structure. The French Revolution meant the destruction of the fabric of society.”

The difference, Kirk argued, was moral. The American Revolution was rooted in ordered liberty; the French in ideological frenzy. The first produced a Constitution; the second, a guillotine.

Two and a half centuries later, the argument continues — only now, the battlefield is financial. Who controls access to money? Who defines legitimacy? Can a citizen’s ability to transact depend on their politics?

The Second American Revolution Will Be Digitized
The Money Printer Is Coming Back—And Trump Is Taking Over the Fed

December 9, 2025 • Lau Vegys

Trump and Powell are no buddies. They’ve been fighting over rate cuts all year—Trump demanding more, Powell holding back. Even after cutting twice, Trump called him “grossly incompetent” and said he’d “love to fire” him. The tension has been building for months.

And Trump now seems ready to install someone who shares his appetite for lower rates and easier money.

Trump has been dropping hints for weeks—saying on November 18, “I think I already know my choice,” and then doubling down last Sunday aboard Air Force One with, “I know who I am going to pick… we’ll be announcing it.”

He was referring to one Kevin Hassett, who—according to a recent Bloomberg report—has emerged as the overwhelming favorite to become the next Fed chair.

The Money Printer Is Coming Back—And Trump Is Taking Over the Fed