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The Things That Matter Don’t Change

Business
Summary

There is gravity to the coronavirus and the possibility to spread and infect populations around the globe.

The coronavirus points to the clear danger of concentrating manufacturing supply chains in one country.

As the U.S. downsizes its navy and withdraws from being the world’s policeman, the transport of oil to where it’s needed will become more perilous.

By James Puplava

Admit it. It’s discomforting. It makes you ill at ease. It makes you question the world around you. In a matter of a few days, the markets have plunged into chaos and disorder. What changed? Gone is ebullience, replaced by fear and despair. Such is today’s world of high frequency trading, financial concentration, and a massive index bubble. What used to take weeks, if not months, can now take place in just a few days. As shown in the graph below, in just one week the Dow fell over 4,000 points breaking through its 50-day and 200-day averages. Even if you are not an investor, you are aware of what is happening in the markets.

Source: Stockcharts.com, Financial Sense Wealth Management. Note: Past performance is no guarantee of future results. You cannot invest directly into an index.

The world is bracing for a possible pandemic. There is gravity to the coronavirus and the possibility to spread and infect populations around the globe. But if there is any country to best minimize its lethality, it is the U.S.

In the short term, it’s impacting travel and global supply chains. Companies like Apple (NASDAQ:AAPL), Hyundai (OTCPK:HYMLF), and Nissan (OTCPK:NSANY) are forced to close factories or cut production outside of China. The result is global manufacturing inventory levels have plunged to their lowest levels since 2012. While at the same time, rising orders could deplete these low levels of inventory even faster.

Even as the virus is spreading to other nations, the good news is that China is reporting a slowdown in the number of outbreaks and deaths. In the words of the late John Bogle, “this too, shall pass.” When it does, which could be as soon as the end of the second, third, or fourth quarter of this year, economic activity will sharply pick up in order to replenish depleted inventories.

But what if things don’t improve or this turns into an actual pandemic? What then? A black swan event such as this could possibly derail the current recovery or, worse, lead to a possible recession. We can’t rule out the worst.

Changes in the Global Supply Chain

On a positive note, I believe with containment, restrictions on travel, a possible vaccine and the best possible medical care and facilities in the world, this virus will eventually be contained. What will change and has now become a widely discussed theme on our podcast and elsewhere, is the global supply chain. The coronavirus points to the clear danger of concentrating on manufacturing supply chains in one country. The rerouting of global supply chains was already moving from China to other countries as companies diversify their supply chains making them less vulnerable to disruptions from either tariffs or pandemics as we see now.

The global order and supply chain management is in the process of reversing as globalization trends reverse themselves and political alignments reorder themselves. These are topics we covered earlier this year in an FS Insider interview with geopolitical strategist Peter Zeihan on his new book Disunited Nations: The Scramble for Power in an Ungoverned World. His book deals with many of the issues of the transition to clean energy which will not go smoothly or work in many countries during this new realignment of the economic order.

Coca Cola, Exxon Mobil, and IBM

I want to share with you a few slides from last year’s client meetings. They are a graph of three companies during the great financial crisis when the S&P 500 lost close to 60% of its value. These three companies experienced half the loss and recovered quickly once the bear market ended. More importantly, is what happened to their dividends during the greatest financial crisis since the Great Depression. Had you done nothing, you would have received your dividends and those dividends went up every year during the financial crisis. During the financial crisis, IBM (NYSE:IBM) increased its dividend 95% and 199% since the crisis ended. Coca-Cola (NYSE:KO) increased its dividend over 32% and Exxon (NYSE:XOM) raised its dividend 30%.

The stock prices of all three companies fell a little over 30% during one of the biggest and longest-lasting bear markets in history. But the dividends continue uninterrupted. I cannot guarantee future performance of any company. Nothing in life or the markets is guaranteed. But I can say with a high degree of confidence that a dividend aristocrat (company that has raised its dividend every year for 25 years or more) is likely to continue doing so in the future.

In a world of negative interest rates and 1- to 5-year treasury yields now down below 1% as of this writing, it is nice to be able to provide income and yields that are far above the market and that continues to rise each year. No one enjoys seeing a stock they own fall in price but the reason we own these companies is for their dividends and the possibility of dividend increases. That will not change despite fluctuations in stock prices. Historically, a company with rising profits, cash flows and rising dividends eventually rise in value along with rising stock prices.

A Note on Energy

The feeling on Wall Street is fossil fuels are dead, passé and investment shibboleth. This is a false narrative pedaled by Wall Street and Washington with the belief we have reached “peak demand” for oil and fossil fuels. Things have reached such extremes that U.S. energy stocks are at the lowest price relative to the S&P 500 since the attack on Pearl Harbor.

The current state of energy companies has more to do with their success and the shale revolution that took U.S. oil production from just over 5 million barrels per day (MBD) to the current rate of 12.6 MBD, turning the U.S. once again to the world’s largest energy producer in less than a decade, far above either Saudi Arabia or Russia. The other factor is the mistaken belief in what Wall Street and Washington are promulgating as “peak demand.”

In my opinion, this false narrative is going to be shattered by the middle of the decade when we’ll be more likely to experience another oil shock instead of an oil collapse. I would like to point to two studies, one geological by the Geological Survey of Finland and one geopolitical by Zeihan. They both come to the same conclusions but from two different perspectives: Oil is the lifeblood of the global industrial economy.

If the price rises as it did in 2009, economic growth cannot happen. According to the Finland study, the global system was still 84.7% dependent on fossil fuels. Oil accounts for 90% of the global supply chain and all manufactured products depend on the availability of oil-derived products or services. It is a prerequisite for the transportation of large quantities of goods over long distances. Oil, information technology, container ships, trucks, train, and aircraft form the backbone of globalization and our current industrial ecosystem. According to the study’s authors, a global lack of oil could represent a systemic risk to the functioning of global economies. As shown in the Finland study, everything in our modern world either runs on or is made from oil.

The study concludes the transition to clean energy and electric vehicles will not be smooth and will take much longer than what is commonly believed with the risk of disruption. Zeihan reaches the same conclusion from a different perspective geopolitically. Without energy, there is no industrial lifestyle. The problem with oil, according to Zeihan, is it is not where people are, and it is only thanks to American naval sea supremacy that has allowed oil to reach the people with minimum fuss. He points out that clean energy needs economies of scale: huge utility-level facilities in calm, sunny deserts or windswept plains-zones not well-known for hosting large population centers. This is in abundance in countries like the U.S., Australia, Mexico, Argentina, and South Africa. For the bulk of the other 85% of the earth’s land, green tech isn’t yet productive enough to be all that useful at displacing fossil fuels in scale. Zeihan emphasized four-fifths of the world’s international crude oil is waterborne. As the U.S. downsizes its navy and withdraws from being the world’s policeman, the transport of oil to where it’s needed will become more perilous.

In another important point from OilPrice.com, about 70% of the world’s oil supply comes from fields discovered before 1970, and the bulk of that oil comes from 10-20 enormous fields now in decline. Over 81% of existing oil production is already in decline with average decline rates from 5-7%. In order to make the transition to clean energy, we will need the discovery of four additional Saudi Arabia’s by 2040. U.S. shale is now running on fumes and needs higher oil prices in order to grow. Without oil, the world does not grow.

That is the reason we own oil and oil companies that pay good dividends. If you’re alive today or were just born, you will live in the oil age for the rest of this century despite what the pundits on Wall Street and Washington tell you.

Original Post



114 Comments on "The Things That Matter Don’t Change"

  1. makati1 on Thu, 5th Mar 2020 4:51 pm 

    Amerika makes nothing it really needs. That was a money/greed decision decades ago.

    Can you imagine the cost of a cell phone made totally in the USA? Multiples of the Asian cost. Lower sales. Less profit for the blood suckers on Wall Street.

    Now Amerikans may pay the price of that greed when the meds run out and production stops. We shall see. Mask up!

  2. makati1 on Thu, 5th Mar 2020 6:02 pm 

    “The Illusion of Democracy in America”

    https://www.globalresearch.ca/illusion-democracy-america/5705636

    “Fantasy democracy over the real thing is why around half the US electorate abstains most often in presidential year voting, larger numbers in midterm elections.

    Voter disenfranchisement is rife, independent candidates shut out of the system, unable to compete on a level playing field.

    If elections transformed swords into plowshares and changed things to serve all Americans equitably, they’d be banned.”

    Nuff said…

  3. makati1 on Thu, 5th Mar 2020 6:09 pm 

    “The West is Falling Apart ‘

    https://journal-neo.org/2020/03/05/the-west-is-falling-apart/

    “While the US officials continue to claim that the US-Europe alliance is functioning as usual, the fact that the post-World War Two arrangement is falling apart is becoming evident with each passing day. … More specifically, it is the inevitable rise of China and Russia that is making it extremely difficult for Europe to remain locked in the binary of East-West rivalry when the world has already become multipolar. Europe’s assertion of its “sovereignty” is only an expression of its own transformation from a US ally to one of the multiple ‘poles.’”

    Again, nuff said…

  4. Nuff said on Thu, 5th Mar 2020 7:11 pm 

    makati1, tell us all about AsiaUp BS. LMFAO. You are so emotional because yet again your narrative is a dude. Most of your positions have been failures. This is why you try to come out swinging with your huff and puff bullshit.

  5. Nuff said on Thu, 5th Mar 2020 7:16 pm 

    makato1, tell us all about how that flu is so much worse and there is nothing to worry about as Asia crash lands. Wrong again

    “WHO: Coronavirus Is More Deadly Than Originally Thought”
    https://tinyurl.com/vsawrxu shtf plan

    “Originally, WHO assumed the death rate from those who get infected with the COVID-19 virus, was only 2%. That has been revised upwards to 3.4%. “Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva. In comparison, the seasonal flu generally kills far fewer than 1% of those infected, he said.”

  6. Duncan Idaho on Thu, 5th Mar 2020 7:23 pm 

    Julia Lindau
    @julialindau
    ·
    1h
    I just landed at JFK after reporting on #coronavirus in Milan and Lombardy —the epicenter of Italy’s outbreak— for
    @vicenews
    . I walked right through US customs. They didn’t ask me where in Italy I went or if I came into contact with sick people. They didn’t ask me anything.

  7. Nuff said on Thu, 5th Mar 2020 7:23 pm 

    Makato’s Asia is as fake as he is:

    “Fake! Everything Is Fake!” Wuhan Residents Heckle Vice PM During Public Relations Stunt”
    https://tinyurl.com/sylkdet zero hedge

  8. makati1 on Thu, 5th Mar 2020 9:53 pm 

    Broken record Davy? No new lies to deny that the US is sliding into the 3rd world? Your hypocrisy becoming too obvious? Aww. Maybe your nanny goat girl friend will listen? Nah! Even she has more intelligence than you do.

    BTW: your tinyurl ads give you away. Can’t you upgrade to bigger screen? LMAO

  9. makati1 on Thu, 5th Mar 2020 11:00 pm 

    If you need meds to stay alive, you might want to consider:

    “The made in China drugs today include most antibiotics, birth control pills, blood pressure medicines such as valsartan, blood thinners such as heparin, and various cancer drugs. It includes such common medicines as penicillin, ascorbic acid (Vitamin C), and aspirin. The list also includes medications to treat HIV, Alzheimer’s disease, bipolar disorder, schizophrenia, cancer, depression, epilepsy, among others. A recent Department of Commerce study found that 97 percent of all antibiotics in the United States came from China.”

    https://www.zerohedge.com/geopolitical/china-hints-blackmail-over-pharmaceutical-exports-would-plunge-us-mighty-sea

    “The European concerns come as India, which is the world’s main supplier of generic medicines and also relies on Chinese ingredients, decided to restrict some drug exports.

    “Many active pharmaceutical ingredients are produced in China and the virus outbreak is affecting the manufacturing capacity and stability of the supply of these ingredients,” the European Medicines Agency, an EU body, told Reuters.

    “This could potentially lead to shortages of medicines worldwide.” ” Reuters

    Are YOU prepared?

  10. More Lunatic davy ID Fraud on Thu, 5th Mar 2020 11:24 pm 

    Nuff said on Thu, 5th Mar 2020 7:11 pm

    Nuff said on Thu, 5th Mar 2020 7:16 pm

    Nuff said on Thu, 5th Mar 2020 7:23 pm

  11. Anonymouse on Fri, 6th Mar 2020 12:55 am 

    Just how many thinly-disguised sock-puppets do you need dumbass? Everyone else here, you know, the sane and rational one just post under the one name. The need to sock puppet seems to be confined solely to the fraud\ autistic crowd. That would be you and ‘Abrahymie Cloggedrectum’ in case you were wondering.

    Mental case…

  12. makati1 on Fri, 6th Mar 2020 1:19 am 

    Anon, kinda makes you wonder what these freaks are like in real life. I’m just glad they are not family or even neighbors.

    I hope you and yours are doing well in this crazy world.

  13. Davy on Fri, 6th Mar 2020 5:33 am 

    “Broken record Davy? No new lies to deny that the US is sliding into the 3rd world?”

    makato1, I don’t talk westUp. I talk generalizedDown for the globe. You talk AsiaUp westDown so who is the broken record of lies. In fact, AsiaDown is proving right and your AsiaUp wrong if we look at the world right now. You are a fraud and a senile old man.

    “ Your hypocrisy becoming too obvious?”

    Where?

    “ Aww. Maybe your nanny goat girl friend will listen? Nah! Even she has more intelligence than you do.”

    LOL, I think you have a problem with bestiality because you are always talking about it.

    “BTW: your tinyurl ads give you away. Can’t you upgrade to bigger screen? LMAO”

    Stupid, was not hiding I was ridiculing your dumbass and driving the two stalkers, annoymouse and juanPee crazy.

  14. Davy on Fri, 6th Mar 2020 5:36 am 

    “This could potentially lead to shortages of medicines worldwide.” ” Reuters Are YOU prepared?”

    Many meds are made under US license. The US has one of the best pharma industries in the world. After the latest failures of globalism I am sure supply chains will return to the US where they need to.

  15. Davy on Fri, 6th Mar 2020 5:41 am 

    Just how many thinly-disguised sock-puppets do you need dumbass? Everyone else here, you know, the sane and rational one just post under the one name.

    Annoy, you don’t mean yourself or makato1. Neither of you are sane. You are a mindless stalker who once in a blue moon comments an on topic point. Lunatic juanPee started this shit so I give it back. I am not hiding anywhere I am jus tormenting you fools. If juanPee stops harassing me I will stop harassing the 3 of you. Got it? Until then I will laugh at how stupid the three of you are and how lowly your lives must be to be here daily stalking and trolling.

    “Mental case…”

    Right you are projecting. You obviously need therapy for your stalking/trolling and need an education because you are dumb as a box of rocks.

  16. Davy on Fri, 6th Mar 2020 5:48 am 

    “Anon, kinda makes you wonder what these freaks are like in real life. I’m just glad they are not family or even neighbors. I hope you and yours are doing well in this crazy world.”

    People like annoymouse are ashamed of saying who they are. He just cuts down others because his life sucks. That is a basic of human nature. A happy person does not do daily stalking. A smart person says something. JuanPee is a pure mental case with schizoaffective disorder and multiple personalities. Makato1 is a senile old man who ran away from a failed life. The three of you are a small group who are supports the others dysfunction. You are here to do dark social media and gaming. There is nothing good at all about any of you in regards to intelligent conversation. The three of you have ruined this forum for normal intelligent people.

  17. REAL Green on Fri, 6th Mar 2020 5:55 am 

    Can we please go see the docter now Davy?

  18. JuanP on Fri, 6th Mar 2020 6:02 am 

    Can we please go see the docter now Anon?

  19. Davy on Fri, 6th Mar 2020 6:07 am 

    makato1 AsiaUp:

    “Unparalleled Disruption”: 290 Million Students Around The World Face Weeks At Home”
    https://tinyurl.com/tl8l483 zero hedge

  20. Davy on Fri, 6th Mar 2020 7:04 am 

    “Watch: Store Shelves Across The Country Are Emptying Fast”
    https://tinyurl.com/tuaxnjf zero hedge

    “As people across the country frantically attempt to get prepared for the possibility of quarantines and illness during the Covid-19 outbreak, store shelves across the country are getting stripped bare. And with the supply chain interruptions that we’ve written about previously, some of these items may not be coming back any time soon “

    “When will things go back to normal?
    If the virus continues to spread (along with panic) we can only expect to see more bare shelves. As we’ve written before, the United States is extremely dependent on China for a wide variety of essential consumer and medical items. Since the factories haven’t been running regularly since early January, there simply are no products to ship.”

  21. JuanP on Fri, 6th Mar 2020 7:06 am 

    Watch: Store Shelves Across The Country Are Emptying Fast
    https://tinyurl.com/tuaxnjf zero hedge

    As people across the country frantically attempt to get prepared for the possibility of quarantines and illness during the Covid-19 outbreak, store shelves across the country are getting stripped bare. And with the supply chain interruptions that we’ve written about previously, some of these items may not be coming back any time soon “

    “When will things go back to normal?
    If the virus continues to spread (along with panic) we can only expect to see more bare shelves. As we’ve written before, the United States is extremely dependent on China for a wide variety of essential consumer and medical items. Since the factories haven’t been running regularly since early January, there simply are no products to ship.

  22. REAL Green on Fri, 6th Mar 2020 7:23 am 

    “China Hints At Blackmail Over Pharmaceutical Exports, Would “Plunge US Into Mighty Sea Of Coronavirus””
    https://tinyurl.com/yxysqqft zero hedge

    “The coronavirus outbreak is much worse in the United States than authorities are letting on – while noting that President Trump praised China’s measures to control the outbreak during a recent press conference. Xinhua also points out that the US stock market “has plummeted continuously, with a drop of more than 12% in just one week.” 80% of present medicines consumed in the United States are produced in China. This includes Chinese companies and foreign drug companies that have outsourced their drug manufacture in joint ventures with Chinese partners. According to Rosemary Gibson of the Hastings Center bioethics research institute, who authored a book in 2018 on the theme, the dependency is more than alarming.“

    “The made in China drugs today include most antibiotics, birth control pills, blood pressure medicines such as valsartan, blood thinners such as heparin, and various cancer drugs. It includes such common medicines as penicillin, ascorbic acid (Vitamin C), and aspirin. The list also includes medications to treat HIV, Alzheimer’s disease, bipolar disorder, schizophrenia, cancer, depression, epilepsy, among others. A recent Department of Commerce study found that 97 percent of all antibiotics in the United States came from China.”

  23. Davy on Fri, 6th Mar 2020 7:31 am 

    “Minimum-Wage Blowback – Fast Food Burger-Flipping Robot Works For $3 An Hour”
    https://tinyurl.com/txd6cq8 zero Hedge

    “Americans could soon see Flippy or a variant of the robot at a mom and pop restaurant or a major fast-food chain in the early 2020s, the affordability of these robots will entice restaurant operators to drive down labor costs. Millions of Americans are employed in the fast-food industry; the proliferation of automation could lead to a rapid increase in job losses through the mid to late 2020s. The labor market could see major disruptions from robots in the years ahead, it’s expected this trend could force the government to have the Federal Reserve finance People’s Quantitative Easing, in the form of universal income, etc.”

  24. JuanP on Fri, 6th Mar 2020 7:41 am 

    Minimum-Wage Blowback – Fast Food Burger-Flipping Robot Works For $3 An Hour”https://tinyurl.com/txd6cq8 zero Hedge

    Americans could soon see Flippy or a variant of the robot at a mom and pop restaurant or a major fast-food chain in the early 2020s, the affordability of these robots will entice restaurant operators to drive down labor costs. Millions of Americans are employed in the fast-food industry; the proliferation of automation could lead to a rapid increase in job losses through the mid to late 2020s. The labor market could see major disruptions from robots in the years ahead, it’s expected this trend could force the government to have the Federal Reserve finance People’s Quantitative Easing, in the form of universal income, etc.

  25. JuanP on Fri, 6th Mar 2020 7:42 am 

    China Hints At Blackmail Over Pharmaceutical Exports, Would “Plunge US Into Mighty Sea Of Coronavirus
    https://tinyurl.com/yxysqqft zero hedge

    The coronavirus outbreak is much worse in the United States than authorities are letting on – while noting that President Trump praised China’s measures to control the outbreak during a recent press conference. Xinhua also points out that the US stock market “has plummeted continuously, with a drop of more than 12% in just one week.” 80% of present medicines consumed in the United States are produced in China. This includes Chinese companies and foreign drug companies that have outsourced their drug manufacture in joint ventures with Chinese partners. According to Rosemary Gibson of the Hastings Center bioethics research institute, who authored a book in 2018 on the theme, the dependency is more than alarming.“

    “The made in China drugs today include most antibiotics, birth control pills, blood pressure medicines such as valsartan, blood thinners such as heparin, and various cancer drugs. It includes such common medicines as penicillin, ascorbic acid (Vitamin C), and aspirin. The list also includes medications to treat HIV, Alzheimer’s disease, bipolar disorder, schizophrenia, cancer, depression, epilepsy, among others. A recent Department of Commerce study found that 97 percent of all antibiotics in the United States came from China.

  26. makati1 on Fri, 6th Mar 2020 7:43 am 

    JuanPee, stupid, if you would not get up so late and follow what I post then you would see I posted this earlier

  27. Anonymouse on Fri, 6th Mar 2020 7:44 am 

    Yea, JuanP, lunatic low IQ South American

  28. JuanP on Fri, 6th Mar 2020 7:45 am 

    Forum please note this for the last time:

    We (juanPee, JuanP, supremist muzzie jerk, Richard Guenette, Boney Joe, Truth Buster, Gaia, Kenz300,…..are spending less time on this lame unmoderated forum to concentrate on our chronic depression. We want to thank Davy for moderating us because we need it. We have saved the best of are comments for are new blog. We have years worth of sock material. We have enjoyed being moderating and neutering because our agendas. We will still be here it is just we will be spending more time putting laying in the fetal position in bed. We don’t expect much of help with depression. This is more a suicidal condition over the last 10 years of formulating are REAL Depressed. Many of my suicidal thoughts and filthy lifestyles our my egotistical way of life. We plagiarize and do ID theft daily ruining this forum. Anyone can kill themselves. Do it if it feels good I am thinking about it. For stalkers like me I hope I find more stalking opportunities. LOL. There will be a prize for anyone who can find where I live and rat me out. Double LOL. Anyway fuck are all of you I hate everyone including myself.

    We (juanPee, JuanP, supremist muzzie jerk, Richard Guenette, Boney Joe, Truth Buster, Gaia, Kenz300,…..guess we could have joined the moderated section at PO dot com, but we knew we’d get are ass permanently banned. We’ll try not to let the door smack us up the backside on the way out.

    Goodbye to ALL of you dumbasses.

  29. REAL Green on Fri, 6th Mar 2020 7:49 am 

    Davy, stupid, if we would not get up so late and follow what we post then we would see we posted this earlier

  30. Richard Guenette on Fri, 6th Mar 2020 2:43 pm 

    Will the shortage of meds also affect people who suffer from mental health problems (meds like antidepressants, antipsychotics, mood stabilizers etc.)? I read that 90% of the world’s drugs are made in India and China. Correct me if I’m wrong.

  31. Davy on Fri, 6th Mar 2020 3:37 pm 

    I wont be affected by any shortage of antipsychotics and mood stabilizers Richard. I practice, and have REAL DELUSIONS and so, wont be affected by any shortage of pills. My condition is all natural, and so is the cure. In my state of Missouri, rural homesteads practically lead the nation in the production of home-made meth, which I am here to tell all of you dumbasses, is definitely a mood-altering substance.

    I always provided fair and balanced references, except when I dont, here they are.

    https://www.news.com.au/national/a-walk-through-missouris-valley-of-meth/news-story/611efc4177422f67419228442af8011d

    https://www.youtube.com/watch?v=eBSeTxkIlUc

  32. JuanP on Fri, 6th Mar 2020 3:46 pm 

    I am so depressed. I hope I wont be affected by any shortage of antipsychotics and mood stabilizers Richard. I practice, and have REAL DELUSIONS and so, wont be affected by any shortage of pills. My condition is all natural, and so is the cure. In my state of Missouri, rural homesteads practically lead the nation in the production of home-made meth, which I am here to tell all of you dumbasses, is definitely a mood-altering substance.
    I always provided fair and balanced references, except when I dont, here they are.
    https://www.news.com.au/national/a-walk-through-missouris-valley-of-meth/news-story/611efc4177422f67419228442af8011d
    https://www.youtube.com/watch?v=eBSeTxkIlUc

  33. Richard Guunette on Fri, 6th Mar 2020 4:02 pm 

    Juan, just mouth a gun to take care of your depression. This will improve the mood around here also.

  34. makati1 on Fri, 6th Mar 2020 5:17 pm 

    “The Despicable USA – Theater of Dystopia. A Nation Run by Gangsters”

    https://www.globalresearch.ca/despicable-usa-theater-dystopia/5705722

    The headline says it all.

  35. Davy on Fri, 6th Mar 2020 6:16 pm 

    I hate this lame unmoderated forum. That’s why I don’t spend time hear anymore and concentrate on my own lame blog instead.

  36. makati1 on Fri, 6th Mar 2020 6:18 pm 

    Liar Davy! YOU started it. And now you have reached your goal of destroying what was once a great place to debate. You live here Davy. It is the only life you have.

  37. Davy on Fri, 6th Mar 2020 7:15 pm 

    “Liar Davy! YOU started it.”

    Started what? moderating your failures? Yeap, and it will continue so get used to your whining

    “And now you have reached your goal of destroying what was once a great place to debate. You live here Davy. It is the only life you have.”

    That is the work of juanPee the lunatic but you are part of it too

  38. JuanP on Fri, 6th Mar 2020 7:15 pm 

    I hate this lame unmoderated forum. That’s why I don’t spend time hear anymore and concentrate on my own lame blog instead.

  39. Anonymouse on Fri, 6th Mar 2020 7:17 pm 

    What is your blog juanPee. Me and boney joe lovin beach life? Queer

  40. makati1 on Fri, 6th Mar 2020 7:20 pm 

    “The Despicable Asia – Theater of Dystopia. A Nation Run by Gangsters”

    https://www.globalqueerresearch.ca/despicable-asia-theater-dystopia/5705722

    The headline says it all.

  41. More Lunatic Davy ID Fraud on Fri, 6th Mar 2020 8:10 pm 

    JuanP on Fri, 6th Mar 2020 7:15 pm

    Anonymouse on Fri, 6th Mar 2020 7:17 pm

    makati1 on Fri, 6th Mar 2020 7:20 pm

  42. JuanP on Fri, 6th Mar 2020 8:21 pm 

    Blogs are for stupid people, Davy, and a complete waste of time.

  43. Davy on Fri, 6th Mar 2020 8:30 pm 

    So true juanpee. So true.

  44. makati1 on Fri, 6th Mar 2020 8:43 pm 

    Mike Pompasass, changed the name of the corona virus to make it more Sinophobic.

    https://www.scmp.com/news/china/politics/article/3074050/coronavirus-us-secretary-state-mike-pompeos-wuhan-virus

    And Amerikans don’t think they are brainwashed. LOL

  45. Davy on Fri, 6th Mar 2020 11:22 pm 

    “Mike Pompasass”

    Good one mak!

    LMOA!

  46. Davy on Sat, 7th Mar 2020 3:50 am 

    Trolling is for stupid people, JuanP, and a complete waste of time.

  47. JuanP on Sat, 7th Mar 2020 3:51 am 

    “Mike Pompasass”

    Good one mak!

    LMOA!

  48. JuanP on Sat, 7th Mar 2020 3:51 am 

    So true juanpee. So true.

  49. Davy on Sat, 7th Mar 2020 3:52 am 

    Forum please note this for the last time:

    We (juanPee, JuanP, supremist muzzie jerk, Richard Guenette, Boney Joe, Truth Buster, Gaia, Kenz300,…..are spending less time on this lame unmoderated forum to concentrate on our chronic depression. We want to thank Davy for moderating us because we need it. We have saved the best of are comments for are new blog. We have years worth of sock material. We have enjoyed being moderating and neutering because our agendas. We will still be here it is just we will be spending more time putting laying in the fetal position in bed. We don’t expect much of help with depression. This is more a suicidal condition over the last 10 years of formulating are REAL Depressed. Many of my suicidal thoughts and filthy lifestyles our my egotistical way of life. We plagiarize and do ID theft daily ruining this forum. Anyone can kill themselves. Do it if it feels good I am thinking about it. For stalkers like me I hope I find more stalking opportunities. LOL. There will be a prize for anyone who can find where I live and rat me out. Double LOL. Anyway fuck are all of you I hate everyone including myself.

    We (juanPee, JuanP, supremist muzzie jerk, Richard Guenette, Boney Joe, Truth Buster, Gaia, Kenz300,…..guess we could have joined the moderated section at PO dot com, but we knew we’d get are ass permanently banned. We’ll try not to let the door smack us up the backside on the way out.

    Goodbye to ALL of you dumbasses.

  50. JuanP on Sat, 7th Mar 2020 3:54 am 

    So true Davy so true davy so true. I need to see a doctor

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