Phil

I assure you, first and foremost, if you go to Times Square and ask someone when was the Declaration of Independence signed, they're going to be like, what's that?

The next step you're going to get is people who say July 4th, 1776.

And then only the smallest amount of people are going to say July 2nd, 1776, because they actually read it.

And then you're going to ask people, when did the American Revolution start?

And they're going to say 1776.

First, people are going to say, I don't know.

Then you're going to get the 1776.

Then you're going to people say, well, we don't have a set date.

year, but it was likely around the late 1760s, in fact, into the 1770s.

Exactly.

Or they'll say the Battle of Lexington and Concord in 1775, a full year before the declaration was signed.

They don't actually know.

And my point here is we are in the thick of it today.

The American Revolutionary period was 20 years and they were in the thick of it and didn't know what was going to happen and didn't think it was a war immediately.

And we talk about the American Civil War.

These people, when they say things like nothing ever happens, they don't realize that it was always going to be grains of sand making a heap or snowflakes in an avalanche.

And so when these people say things like they want a revolution, that's when I'm looking at the market, I'm looking at the ticker being like, how do you reverse course on this?

In which case, ultimately my point is,

The off-ramp for the frogs in the pot is cranking the temperature up 10 degrees instantly.

Because the argument is these people who think nothing is happening are frogs sitting in a pot and the temperature is slowly rising so they don't notice.