Higgenbotham's Dark Age Hovel

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Re: Higgenbotham's Dark Age Hovel

by Higgenbotham » Thu Nov 13, 2025 3:45 pm

Michael Burry to shut down hedge fund, names Phil Clifton as successor
Nov. 13, 2025 11:34 AM ETNVDA, PLTR
By: Sinchita Mitra, SA News Editor

"Big Short" investor Michael Burry has reportedly closed his firm Scion Asset Management and named Phil Clifton as his successor.

Earlier in the day, several posts on X circulated a photo of a letter dated October 27 from Burry to Scion's investors saying that he was winding down his fund.

The closure of the firm was confirmed by the Financial Times, citing two people with direct knowledge of the letter Burry sent to investors.

"With a heavy heart, I will liquidate the funds and return capital—but for a small audit/tax holdback – by year’s end. My estimation of value in securities is not now, and has not been for some time, in sync with the markets," the letter said.
https://seekingalpha.com/news/4521592-m ... -successor

The major short-focused hedge fund that shut down at the peak of the 2000 dot-com bubble was Tiger Management, founded by Julian Robertson.

Tiger Management closed in March 2000, exactly as the NASDAQ hit its all-time high of 5,048 on March 10, 2000, marking the top of the dot-com bubble.

In his famous closure letter (March 30, 2000), Robertson wrote:
"The key to the hedge fund business is to compound money for investors. We have not been able to do that recently... As a result, we have decided to return all capital to investors."
The End of the Game; Tiger Management, Old-Economy Advocate, Is Closing
By Gretchen Morgenson
March 31, 2000

The financial markets humble ordinary investors all the time. In Julian H. Robertson Jr., head of Tiger Management, they have humbled an investing giant.

After 20 years of generating superlative investment returns by buying stocks that were undervalued and selling short those that carried excessive valuations, Mr. Robertson, 67, confirmed yesterday that he was shutting Tiger's operations. He has essentially decided to stop driving the wrong way down the one-way technology thoroughfare that Wall Street has become.
https://www.nytimes.com/2000/03/31/busi ... osing.html

Specie

by Navigator » Thu Nov 13, 2025 2:24 pm

Up until WW1 and the Federal Reserve, one ounce of gold was $20 and one ounce of silver was $1.

Right now, gold is at about $4000 and silver $50 per ounce. So the current dollar is somewhere between 1/200 and 1/50 what it was once worth. (somewhere between 0.5% and 2%, with a strong lean towards 0.5% due to gold being more of a true constant store of value)

Re: Higgenbotham's Dark Age Hovel

by tim » Thu Nov 13, 2025 11:12 am

https://x.com/StefanMolyneux/status/1972670374354559393
If you make $100,000 a year, your income is less than a low-skilled worker in 1971.

And you have wayyyy more debt.

Fiat is always enslavement.

Image

Re: Higgenbotham's Dark Age Hovel

by tim » Thu Nov 13, 2025 11:02 am

As the crisis era deepens, the value of human life is falling. What was unthinkable in previous decades becomes reality. This is the road to a world where millions of civilians killed during a war becomes a simple fact of life.

https://lionessofjudah.substack.com/p/s ... sia-deaths
SHOCKING: Canada’s Euthanasia Deaths Hit Record Highs — Desperate Citizens Choosing Death Over Despair

New government data reveals euthanasia now accounts for 7.4% of all deaths in Quebec with many citing poverty and loneliness, not illness.
Even more alarming, the report reveals that 4% of euthanasia deaths were carried out the same day or the very next giving virtually no time for medical review, reflection, or counseling.

A growing number of people are reporting that they are being pressured or “bullied” into “choosing” euthanasia over more expensive treatments.

Newly released government data has revealed a disturbing rise in euthanasia deaths across Canada, with the province of Quebec now recording the highest “assisted suicide” rate in the world.

According to the 2024–2025 Report of the Commission on End-of-Life Care, deaths under the Canadian government’s Medical Assistance in Dying (MAiD) program accounted for 7.4% of all deaths in Quebec.

The figure marks an alarming 9% increase in just one year.

“The Commission notes that MAiD is in increasing demand and occupies an important place in the public sphere in Quebec,” the report states.

“The Commission rigorously and vigilantly fulfills its mandate to ensure that MAiD requirements are properly applied in Quebec and that MAiD is not chosen as a treatment option when other curative, palliative, or end-of-life care options are unavailable,” it continues.

Despite that assurance, the commission’s findings expose troubling trends.

Half of all of the individuals euthanized had said they felt like a burden to family, friends, or caregivers, while 24% cited loneliness or isolation as reasons for ending their lives.

Even more alarming, the report found that 4% of euthanasia deaths were fulfilled the same day or the next day, leaving little time for medical review or counseling.

The data reveals that the percentage of “assisted suicide” deaths involving a terminal illness is shrinking, while the number of people euthanized for poverty, depression, loneliness, or other non-permanent issues is skyrocketing.

A growing number of people are reporting that they are being pressured or “bullied” into “choosing” euthanasia over more expensive treatments.

As Slay News has previously reported, the Canadian government’s socialized healthcare system is now saving tens of millions of dollars a year by euthanizing patients instead of treating them, creating new incentives under a chilling culture of death.

Lack of Oversight and Transparency
The commission admitted that Quebec has no standardized tools or metrics to evaluate whether palliative care options are being adequately provided.

“There are no management indicators or standardized tools for assessing the quality of palliative and end-of-life care services, how well they meet the needs of patients and families, or how efficiently the system operates,” the report states.

“The Commission therefore cannot determine whether the needs of people who could benefit from such care are being met.”

Despite acknowledging these gaps, the commission stopped short of recommending any halt to euthanasia procedures, stating only:

“We cannot continue to navigate blindly on such a critical issue.”

Quebec Leads the World in Euthanasia Deaths
According to Dr. David Lussier, a geriatrician at the Montreal University Institute of Geriatrics, Quebec now has the highest number of assisted suicide requests globally.

The province has now surpassed both the Netherlands and Belgium, which have long been viewed as world leaders in euthanasia.

Quebec is also pushing to expand access even further.

The province announced plans in 2024 to begin accepting advance requests for euthanasia, allowing individuals to pre-authorize their own deaths, even though such provisions remain illegal under federal law.

One of the province’s newest palliative care centers has also drawn controversy for promoting assisted suicide to terminal and disabled patients, branding it a compassionate “choice.”

National Expansion Under Trudeau’s Liberal Government
The euthanasia surge extends far beyond Quebec.

Since former Prime Minister Justin Trudeau’s Liberal Party government legalized assisted suicide in 2016, the number of Canadians killed by lethal injection has skyrocketed.

In 2021, Parliament expanded eligibility to include those who were not terminally ill but living with chronic conditions.

A later proposal to extend euthanasia to those suffering solely from mental illness faced intense opposition from medical, religious, and mental health groups, prompting the government to delay the measure until 2027.

To date, an estimated 65,000 Canadians have died by euthanasia since legalization, including roughly 16,000 deaths in 2023 alone, according to official figures.

Advocates warn the real total may be even higher, given growing concerns over incomplete reporting and opaque data collection.

A Nation on a Dangerous Path
Once justified as an option for the terminally ill, Canada’s euthanasia program has rapidly evolved into one of the most permissive in the world, allowing lethal injections for those suffering from loneliness, poverty, or psychological distress.

As Quebec’s numbers climb and oversight remains lacking, critics argue that what began as a “compassionate choice” has become a system of quiet elimination, targeting society’s most vulnerable under the guise of mercy.

With calls mounting for reform, many are raising concerns about how far Canada will go before the world says it has gone too far.

Re: Higgenbotham's Dark Age Hovel

by tim » Wed Nov 12, 2025 10:13 am

Higgenbotham wrote: Sat Nov 08, 2025 11:56 am
Higgenbotham wrote: Tue Aug 23, 2011 12:20 am
The Fourth Turning, pages 272 and 273, wrote:
Recall that a Crisis catalyst involves scenarios distinctly imaginable eight or ten years in advance. Based on recent Unraveling-era trends, the following circa-2005 scenarios might seem plausible:

...(other scenarios listed)...

An impasse over the federal budget reaches a stalemate. The president and Congress both refuse to back down, triggering a near-total government shutdown. The president declares emergency powers. Congress rescinds his authority. Dollar and bond prices plummet. The president threatens to stop Social Security checks. Congress refuses to raise the debt ceiling. Default looms. Wall Street panics.
The larger question is why did it take an additional 20 years from the typical generational timeline for this to happen. My answer would be it's because we've entered a new dark age.
The last crisis era ended in 1945. 2025 is 80 years from then. We are right on schedule according to Generational Dynamics theory.

Re: Higgenbotham's Dark Age Hovel

by tim » Wed Nov 12, 2025 9:41 am

https://rairfoundation.substack.com/p/f ... candal-how
France’s Grooming-Gang Scandal: How State Care Became the New Brothel System
A shocking French TV investigation has exposed yet another national scandal:

underage girls placed in state-run child protection homes (ASE) are being systematically targeted, groomed, and prostituted by criminal networks—while the authorities look the other way.

Re: Higgenbotham's Dark Age Hovel

by FullMoon » Sat Nov 08, 2025 9:03 pm

Higgenbotham wrote: Sat Nov 08, 2025 12:30 pm
Higgenbotham wrote: Sat Nov 08, 2025 11:56 am The larger question is why did it take an additional 20 years from the typical generational timeline for this to happen. My answer would be it's because we've entered a new dark age.
Higgenbotham wrote: Mon Jan 30, 2012 12:26 am I would expect the beginning phases of a descent into a Dark Age to be milder than if an actual cleansing and regenerative process were to occur instead. In a descent into a Dark Age, one way to look at it is we continue to borrow more from the future instead of stopping at some point and replenishing the future. That is what clearly continues to happen, as we can see.
This could be an explanation for why the typical generational crisis period (2005 to 2025 or so) was milder than the past few crisis periods. It was because the problems weren't confronted and solved until they became more severe later. There can be other explanations though. One common one I see is that, paraphrasing, humanity is doing so great that there is no need for crisis periods (i.e. we can just print money and all will be OK).
Whatever it is, it seems you're correct that the "problems" were acknowledged but not solved. And so what happens next is maybe something more than another 4th turning. Something about Empires lasting 250 years on average. Seems ironic that we're literally bullseye...

Re: Higgenbotham's Dark Age Hovel

by Higgenbotham » Sat Nov 08, 2025 12:30 pm

Higgenbotham wrote: Sat Nov 08, 2025 11:56 am The larger question is why did it take an additional 20 years from the typical generational timeline for this to happen. My answer would be it's because we've entered a new dark age.
Higgenbotham wrote: Mon Jan 30, 2012 12:26 am I would expect the beginning phases of a descent into a Dark Age to be milder than if an actual cleansing and regenerative process were to occur instead. In a descent into a Dark Age, one way to look at it is we continue to borrow more from the future instead of stopping at some point and replenishing the future. That is what clearly continues to happen, as we can see.
This could be an explanation for why the typical generational crisis period (2005 to 2025 or so) was milder than the past few crisis periods. It was because the problems weren't confronted and solved until they became more severe later. There can be other explanations though. One common one I see is that, paraphrasing, humanity is doing so great that there is no need for crisis periods (i.e. we can just print money and all will be OK).

Re: Higgenbotham's Dark Age Hovel

by Higgenbotham » Sat Nov 08, 2025 12:09 pm

Iranian President Masoud Pezeshkian has issued a dire warning that the Iranian capital could soon face catastrophic water shortages and even evacuation if rain does not fall soon.

Speaking Thursday, Pezeshkian described a nation on the brink, struggling with economic turmoil, environmental collapse and social unrest. Tehran stands at the center of this mounting crisis, its 20 million population and strained infrastructure leaving it dangerously exposed to the worsening drought.
https://www.newsweek.com/evacuation-war ... e-11008088

Re: Higgenbotham's Dark Age Hovel

by Higgenbotham » Sat Nov 08, 2025 11:56 am

Higgenbotham wrote: Tue Aug 23, 2011 12:20 am
The Fourth Turning, pages 272 and 273, wrote:
Recall that a Crisis catalyst involves scenarios distinctly imaginable eight or ten years in advance. Based on recent Unraveling-era trends, the following circa-2005 scenarios might seem plausible:

...(other scenarios listed)...

An impasse over the federal budget reaches a stalemate. The president and Congress both refuse to back down, triggering a near-total government shutdown. The president declares emergency powers. Congress rescinds his authority. Dollar and bond prices plummet. The president threatens to stop Social Security checks. Congress refuses to raise the debt ceiling. Default looms. Wall Street panics.
The larger question is why did it take an additional 20 years from the typical generational timeline for this to happen. My answer would be it's because we've entered a new dark age.

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