The Black Elephant in the Room
The Black Elephant in the Room ALMOST EVERYONE KNOWS WHAT YOU MEAN NOW WHEN YOU TALK ABOUT BLACK SWANS That unexpected event, which upends all the plans you had and turns your life – or everyone’s – upside down. An apparent surprise, but which, once the event has happened, is rationalized, making it seem predictable and giving […]
Has OPEC finally won the war against shale oil?
Has OPEC finally won the war against shale oil? I have maintained for the past six years that a key goal of OPEC has been to so demoralize investors in shale oil that they stop sending money to the companies that drill for it. As I’ve written previously, I believe that OPEC’s contest with the shale […]
Quantitative easing: how the world got hooked on magicked-up money
© Chronicle / Alamy Stock Photo Quantitative easing: how the world got hooked on magicked-up money Going cold turkey would finish off a dysfunctional global financial system that’s now hopelessly addicted to emergency infusions. The only solution is surgery on the system itself The world economy is a mess. The system, notionally governed by the […]
How Breakdown Cascades Into Collapse
How Breakdown Cascades Into Collapse Maintaining the illusion of confidence, permanence and stability serves the interests of those benefiting from the bubbles and those who prefer the safety of the herd, even as the herd thunders toward the precipice. The misconception that collapse is an all or nothing phenomenon is common: Either the system rights itself with a […]
To Be Sustainable, Green Energy Must Generate Adequate Taxable Revenue
To Be Sustainable, Green Energy Must Generate Adequate Taxable Revenue What allows any type of energy to be sustainable? I would argue that one of the requirements for sustainability is adequate production of taxable revenue. Company managements depend upon taxable revenue for many purposes, including funding new investments and paying dividends to shareholders. Governments depend upon […]
Keeping Up Morale in the Fourth Turning
Keeping Up Morale in the Fourth Turning During this part of the cycle, many of us have experienced some fairly extreme isolation due to the COVID-19 pandemic. Regardless of how serious you believe the disease is, the isolation, fear, and paranoia it has caused have led to some major consequences to the psyche and overall […]
Living the Homesteading Dream – Part 7
Image by Jonathon Engles. Living the Homesteading Dream – Part 7 Weeds and Bugs and Raccoons, Oh My! I’m in the middle of the garden, dusk just tipping into darkness, wearing nothing but my underpants when I realise that chasing a raccoon whilst clapping and shouting—we’d just finished reading that they don’t like loud noises—might […]
Too Much Money Chasing Too Few Goods and Services
Too Much Money Chasing Too Few Goods and Services Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets. As we’ve noted previously, the Federal Reserve’s “M2” monetary aggregate began growing significantly faster than the “GDP” measure of economic output in the United States beginning around 2008, […]
Plunge of Retail Inventories, Collapse of New & Used Vehicle Inventories: The Shortages Depicted in Charts
Plunge of Retail Inventories, Collapse of New & Used Vehicle Inventories: The Shortages Depicted in Charts Inventories at retailers document this mess. Turns out, when the US government spends $5 trillion in borrowed fiscal stimulus over 16 months, and the Fed hands out $4 trillion in monetary stimulus over the same period, causing asset prices […]
Highest Inflation in Thirty Years Vs. Denial, Hand-Waving and Excuses
Highest Inflation in Thirty Years Vs. Denial, Hand-Waving and Excuses Photo by Joshua Earle Stepping on a Lego in bare feet hurts. Once you know the Lego is there, and it hurts when you step on it, you can’t ignore it. That Lego is right out in the open, after all. High inflation feels very similar. At […]
Ending Anonymity: Why The WEF’s Partnership Against Cybercrime Threatens The Future Of Privacy
Ending Anonymity: Why The WEF’s Partnership Against Cybercrime Threatens The Future Of Privacy With many focusing on tomorrow’s Cyber Polygon exercise, less attention has been paid to the World Economic Forum’s real ambitions in cybersecurity – to create a global organization aimed at gutting even the possibility of anonymity online. With the governments of the […]
So, What Should We Do?
So, What Should We Do? Pictures of wildfire damage at Glacier National Park in Montana 2016 What type of activities will help in reducing the effects of ecological overshoot? I’m often asked this question when I point out that solar panels, wind turbines, nuclear energy, hydroelectric dams, EVs, and all other technological devices will not […]
You’re Not SUPPOSED To Trust The Government: Notes From The Edge Of The Narrative Matrix
You’re Not SUPPOSED To Trust The Government: Notes From The Edge Of The Narrative Matrix Listen to a reading of this article: ❖ I still can’t get over how brazen the Biden administration is being in just announcing that it’s their place to determine who should be banned from social media platforms and how little backlash there […]
Gates Thinning the Heard with a Food Crisis?
Gates Thinning the Heard with a Food Crisis? Biden is now paying farmers not to grow crops and was perhaps directed by Bill Gates, who has become the biggest farmland holder in the USA. The risk of starvation around the world is rising. The real question is very dark. Is this part of Gates’ idea […]
