Printing and Borrowing Always Ends Badly
Printing and Borrowing Always Ends Badly As more countries copy the Federal Reserve’s monetary policy without the global demand of the US dollar, financing trade and fiscal deficits printing a weakening currency, nations become more dependent on the US dollar. Neither domestic nor international citizens demand local currency, and governments continue to build large fiscal and trade […]
Systems: Overshoot and Collapse
Systems: Overshoot and Collapse
Putin to Biden: Finlandize Ukraine, or We Will
Putin to Biden: Finlandize Ukraine, or We Will Neocons and Republican hawks such as the late John McCain sought to bring Ukraine and two other ex-Soviet republics, Georgia and Moldova, into NATO. Putin, who served in the KGB in the late Soviet era and calls the breakup of the USSR the “greatest geopolitical catastrophe” of […]
Climate tipping points: The Arctic is a Bellwether for Irreversible Change
Climate tipping points: The Arctic is a Bellwether for Irreversible Change “The Arctic is iconic for maintaining year-round ice and snow, but in the last decade, it has begun to transition to wetlands and open ocean. Emblematic of this change, in July 2020, the last intact ice shelf in the Canadian Arctic fell into the […]
Mainstream Economists Struggling to Hide the Incoming Economic Collapse
Mainstream Economists Struggling to Hide the Incoming Economic Collapse Photo by Annie Spratt For many years now there has been a contingent of alternative economists working diligently within the liberty movement to combat disinformation being spread by the mainstream media regarding America’s true economic condition. Our efforts have focused primarily on the continued devaluation of the […]
Andrew Nikiforuk on Getting Real about Our Crises
Andrew Nikiforuk on Getting Real about Our Crises WATCH: The noted journo delivered a talk on what we’re up against, and what we need to do. Warning: His prescription is bracing. WATCH: Andrew Nikiforuk’s Southam Lecture. Some attendees wondered where he finds hope. His answer: Hope is using every initiative ‘to restore the possibility of […]
Is it possible that the world is approaching end times?
Is it possible that the world is approaching end times? I frequently write that the world economy is, in physics terms, a dissipative structure that is powered by energy. It can grow for a time, but eventually it reaches limits of many kinds. Ultimately, it can be expected to stop growing and collapse. It seems […]
The End of the Common Good
The End of the Common Good image by Gopal Vijayaraghavan on flickr, CC-BY-2.0 Anita Sreedhar and Anand Gopal, a doctor and a journalist, have been researching vaccine hesitancy for decades. In a recent NYT article they offered this remarkable perspective on it: Over the past four decades, governments have slashed budgets and privatized basic services. This has two important […]
Mayhem Beneath the Surface of the Stock Market
Mayhem Beneath the Surface of the Stock Market But on the surface, stocks still look hunky-dory. It’s amazing how individual stocks, at the tippy-top of the biggest stock market bubble in modern times, are getting taken out the back one by one to be crushed, but without denting the overall indices all that much. The […]
Technology that “empowers the individual” can threaten all of us
Technology that “empowers the individual” can threaten all of us Whenever I hear about a new technology that “empowers the individual,” I know that one thing is likely to be true about it: It will soon (if not already) be turned to negative and harmful ends. And yet, we as a society keep falling for […]
The Twilight of the Narrative: Why the Truth will never be Revealed
The Twilight of the Narrative: Why the Truth will never be Revealed Pilate therefore said unto him, Art thou a king then? Jesus answered, Thou sayest that I am a king. To this end was I born, and for this cause came I into the world, that I should bear witness unto the truth. Every […]
Running Out of Spare Capacity
Running Out of Spare Capacity Global oil markets could not have looked grimmer than back in the summer of 2020. COVID cases were increasing again and further global economic lockdowns were being threatened. Only two months before, oil prices had crashed into negative territory for the first time in history as global inventories had surged […]
Eurozone Inflation at a Record High
Eurozone Inflation at a Record High Inflation in the doomed Eurozone increased 4.9% in November, marking the highest level of inflation since the creation of the euro. The larger economies within the bloc experienced a significant rise in inflation, with Germany posting a 6% increase and France experiencing a 3.4% rise. Other nations saw extreme […]
Davos is Making the Central Bank Case for Gold
Davos is Making the Central Bank Case for Gold A few months ago I talked about the upcoming changes to the way adoption of Basel III’s new bank reserve rules would alter the gold market. In short my conclusion was similar to that of Alistair MacLeod’s and others, that Basel III should collapse the egregious manipulation of […]
