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Get Ready for an October Surprise

See “The final days of the Iran nuclear deal” by Caroline Glick:

There is a growing chance that by October, the nuclear deal with Iran, otherwise known as the Joint Comprehensive Plan of Action (JCPOA) will be dead.

[…]

The Europeans, Russians and Chinese have all been playing for time in the hope that Trump loses the presidential election in November. The presumptive Democratic presidential candidate, former vice president Joe Biden has pledged that if elected, he will return the U.S. to the nuclear deal and end U.S. economic sanctions against Iran.

[…]

Pompeo added, “We’re going to…make sure that come October of this year, the Iranians aren’t able to buy conventional weapons that they would be given what President Obama and Vice President Biden delivered to the world in that terrible deal.”

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Even before the appearance of the coronavirus pandemic, many EU member nations were rejecting the EU’s authority to dictate a unified anti-American, pro-Iranian foreign policy.

In February 2019, Poland co-hosted a summit on Iran in Warsaw with the U.S. Then EU foreign policy commissioner Federica Mogherini refused to participate in the conference that bought more than a dozen key EU states along with Israel, Saudi Arabia and the UAE together to discuss the threat Iran poses to global security.

The EU’s utter failure to manage the coronavirus pandemic, has struck a massive blow to the EU. Its incompetence has convinced millions of Europeans who had previously supported the EU that they have nothing to gain from it. Their national governments are the only instruments to protect their lives and liberty.

The EU’s weakened position was given expression earlier this month when several EU member states angrily rejected an attempt by current EU foreign policy commissioner Josep Borrell to pass a resolution condemning the Trump Middle East peace plan and Israel’s intention to apply its law to parts of Judea and Samaria in the framework of the Trump plan.

If the EU subverts a U.S. effort to restore UN sanctions on Iran, its action is liable to destroy whatever is left of Brussel’s power to dictate a unified EU foreign policy.

COVID-19 is a Nail in the EU’s Coffin

The EU is coming unglued. The United Kingdom’s withdrawal from the EU (Brexit) sped up the process. COVID-19 accelerated the process even more. October is a big month for the EU, Iran, and the world.

COVID-19 may be the last nail in the EU’s coffin.

COVID-19 Threatens to Destroy the U.S. Healthcare System

The video below will help you understand how the Democrat Party and the media are using COVID-19 to pursue their healthcare agenda. Single-payer, socialized medicine (Medicare for all) won’t be accepted in the U.S. unless the existing healthcare system is destroyed.

Despite what Democrats and the media are saying, the coronavirus isn’t overtaxing our healthcare system except in a few places like the New York City metro area where misguided government policies allowed the virus to establish a foothold. Hospitals and doctors’ offices across the country are at under-capacity to the point that many of them will have a hard time surviving after COVID-19.

For example, see the articles below:

The global pandemic is real, but it’s being exaggerated. Both cases of COVID-19 and deaths related to COVID-19 are being inflated dramatically. At the end of this crisis, a healthcare system crisis will emerge very quickly.

Our healthcare system has a serious capacity under-utilization problem. If things continue as they are, by October the entire U.S. healthcare system will be on life support. Ventilators, testing, and masks won’t solve the problem. Nothing short of a complete overhaul of the system will suffice.

COVID-19 Threatens the Global Economy

Locking down the global economy will have long-lasting effects that will play out over the next several years. The world as we know it will never be the same. Things could come to a head by October:

COVID-19, Global Debt, and a One-World Government

Thanks to COVID-19, global debt at every level is increasing rapidly. Country debt, corporate debt, and personal debt threaten the survival of the global economic system. What comes next is anybody’s guess, but a global response is in the cards. The obvious “solution” is what “liberal progressives” have been demanding since the end of World War I: A one-world government.

One-world government won’t be good for the world, but eventually, we will get one anyway.

The 2020 Presidential Election is a Really Big Deal

Each presidential election cycle we hear this phrase: “This is the most important election in our nation’s history.” Well, this time it’s true.

President Trump understands the challenges we face, and he is standing in the gap for us. The Democrat nominee, no matter who it turns out to be, will offer a global solution that would destroy the fabric of our nation if we accepted it.

At this point, Joe Biden is the presumptive Democrat nominee, but his weaknesses make him unelectable. Democrat higher-ups know it. Biden’s obvious dementia, his corruption while in office, and his sexual sins over many years are beginning to come to light. By the time Democrats meet in Milwaukee to elect their nominee, Biden may be toast.

Eventually, we will have the dystopian one-world government that “liberal progressives” want. With it will come the loss of freedoms we enjoy and the rise of state power. It will be like what George Orwell described in his book Nineteen Eighty-Four. Orwell may have missed the year, but he got the type of government we will have right.

Everything could come to head in October. If it does, it will be an October surprise to remember.

Cash is Not Trash for Individual Investors

Billionaire hedge fund manager Ray Dalio has been saying that “cash is trash” since the World Economic Forum in Davos, Switzerland in January. When the COVID-19 pandemic hit, Dalio doubled down.

See “Ray Dalio: Cash Is Still Trash”.

As a hedge fund manager, Dalio thinks about how to make money no matter which way the market moves, but individual investors should think long and hard before following Dalio’s advice. Cash in the bank may enable individual investors to pay their bills if we have a global economic collapse.

I’m not suggesting that people should sell all the stocks they own. I am saying that now is a time to move more cash to the sidelines than usual waiting for the inevitable opportunities that arise during global financial upheaval.

If 10% cash is normal, then 30% cash in these troubled times may be appropriate. I’m not giving financial advice. I’m sharing my investment philosophy.

Conclusion

Multiple forces are converging and pointing in the direction of an October for the record book. The 2020 presidential election makes things even more interesting.

Get ready for an October surprise.

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“The glory which You have given Me I have given to them, that they may be one, just as We are one; I in them and You in Me, that they may be perfected in unity, so that the world may know that You sent Me, and loved them, even as You have loved Me. Father, I desire that they also, whom You have given Me, be with Me where I am, so that they may see My glory which You have given Me, for You loved Me before the foundation of the world.” (John 17: 22-24)