Stepping back from the eco-woke communist abyss

I’m currently en route to Chile, where I lived for about eight years from 2011-2018 before moving to Puerto Rico.

I remember when I first came down to Chile— the thing I found so remarkable was that it was a relatively conservative place, especially by Latin American standards. Back then the general tone was that you were pretty much left alone to do your thing.

I even recall being told by my lawyer that the Chilean constitution included the freedom to do business. I looked it up later and sure enough Article 19 Section 21 recognizes, ‘The right to develop any economic activity which is not contrary to morals, public order or national security…’

I found this quite remarkable. And during the years I lived in Chile, I encountered lots of interesting opportunities.

At the same time, like anywhere, it wasn’t perfect. Over time a number of challenges, problems, and imperfections became apparent. But overall, there was clearly still a lot of great potential.

But no place is static. Starting in 2019, there was a big social reckoning, and the atmosphere changed rather suddenly.

Leftist rioters hijacked the country. The worst of them, though a relatively small minority, would shut down highways, torch cars, and terrorize and rampage through residential neighborhoods.

They even foolishly burned down grocery stores and destroyed their own metro system. Way to stick it to the man!

It was full-blown disorder and lawlessness. And the president at the time was a hapless stooge who did nothing as he watched the country burn.

Frankly, the only thing that saved them from further violence was the pandemic. Everyone stayed home and stopped going into the streets.

But this small minority of leftists who had hijacked the nation’s sanity weren’t done. They spearheaded a political process to rewrite the constitution.

In a national referendum in 2020, over 78% of Chileans voted in favor of drafting a new constitution to replace the one from 1980.

That gave these same radicals who had been terrorizing neighborhoods the green light to elect a bunch of gender activists and climate fanatics as representatives to rewrite the constitution. It was crazy.

On July 4, 2022, they unveiled their masterpiece: their vision was to turn Chile into an eco-socialist nation, and their constitution was full of all the same gender and climate nonsense that would drive the economy into the ground and inflame social tensions.

Many Chileans agreed that their system had a lot of political and economic problems that left people behind. There was an appetite for change, which lent some level of support to the left’s desire to rewrite the constitution.

But when people finally saw this monstrous vision that the Left had put on paper, they were horrified.

They realized they were standing at a precipice, staring down into an abyss. They didn’t like what they saw, and they stepped back.

In another national referendum on September 4, 2022, Chilean voters flatly rejected the new constitution by a landslide.

There are many instances throughout history where a nation finds itself staring into the abyss. Sometimes they pull back.

Often it seems like a huge majority of people agree with, in this case, a leftist cultural revolution. But when push comes to shove, rational interests take over.

People ask themselves if this is what they want for their children. People think about how it will affect their bank accounts and livelihoods. They especially consider their financial well-being and safety, which usually drives them to make a sensible decision.

We’ve seen so much of this same insanity in the US over the past couple of years, months, and now especially over the last few weeks since Kamala stole the nomination.

As the Democratic National Convention begins today, it’s only going to get worse. Anyone bored enough to watch will have to stomach the hailing of Biden as the second coming of George Washington.

The level of propaganda that the media will crank out will also be staggering. They’ll continue to act like everyone is on board with Kamala and her agenda.

Who wouldn’t want a Gender-Queer Eco-Woke Green-DEI Utopia? Clearly if you’re against this kind of progress, you’re an extremist in the minority.

The legacy media will continue attempting to gaslight the public into believing that Kamala is wildly popular, and that it is a foregone conclusion that she will be the next commander-in-chief.

But despite the fact that she refuses to do real interviews or answer legitimate questions, everyone can see, plain as day, what she stands for.

Her economic policy is based on full-blown communism: price controls, government subsidies, regulation piled on top of regulation, higher taxes, and so on.

My guess is that number one, this supposedly great energy and electoral momentum is entirely manufactured.

And number two, while it may seem like the radical left is a massive group, most people are actually pretty moderate and not interested in socialism.

Frankly, a huge majority of Americans will go into the ballot box this November not liking either of the candidates on the ballot. But I have a feeling they know which one will be better for the economy and order.

Just like in Chile a couple of years ago, standing at the edge and staring into the abyss, I don’t think people like what they see.

But as always, I have to acknowledge that I could be wrong. And it is important to understand that whoever is elected come November, the US still faces massive challenges ahead.

There is always reason for hope. But it would be crazy not to have a plan B.

When you can anticipate risks, you can also take steps to mitigate them. And then you can come at whatever happens next from a position of strength.

Source

Simon Black is an international investor, entrepreneur and permanent traveler. His daily letter is both educational and entertaining, and we suggest that those who want unbiased, actionable information about global opportunities sign up for Sovereign Man’s free, actionable newsletter at http://www.SovereignMan.com.

From Simon Black of SovereignMan.com

Source: https://www.schiffsovereign.com/trends/stepping-back-from-the-eco-woke-communist-abyss-151316/