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Today’s Contemplation: Collapse Cometh CLXVII–The Future Ain’t What It Used to Be
Today’s Contemplation: Collapse Cometh CLXVII Tulum, Mexico (1986). Photo by author. The Future Ain’t What It Used to Be Today’s Contemplation is my brief comment on an article posted on Facebook by Tristan Sykes of Just Collapse. The article in question (short and concise) is an update of the World3 model used in creating the various scenarios […]
Today’s Contemplation: Collapse Cometh LI–Cognition and Belief Systems: Part Two — Deference to Authority
Today’s Contemplation: Collapse Cometh LI May 27, 2022 Monte Alban, Mexico (1988) Photo by author Cognition and Belief Systems: Part Two — Deference to Authority This contemplation is the second part of a look at several psychological mechanisms at play in our thinking about ecological overshoot and the accompanying societal ‘collapse’ that will eventually result. You can find Part […]
Today’s Contemplation: Collapse Cometh L–Cognition and Belief Systems in a ‘Collapsing’ World: Part One
Today’s Contemplation: Collapse Cometh L May 19, 2022 Monte Alban, Mexico (1988) Photo by author Cognition and Belief Systems in a ‘Collapsing’ World: Part One Keeping in mind that we humans are storytelling primates with extraordinary cognitive abilities, I’ve been reflecting upon a few of the psychological phenomena that are key to how we form beliefs, especially […]
Deutsche Bank Economists Say the Fed Will Create More Inflation in 2024
Deutsche Bank Economists Say the Fed Will Create More Inflation in 2024 Deutsche Bank economists say the Federal Reserve will create more inflation in 2024. OK, that’s not exactly what they said. But that is the implication of their latest forecast. The Deutsche Bank analyst forecast that the Fed will cut rates by 175 basis […]
The Great Simplification Ahead
The Great Simplification Ahead “Until debt tear us apart” Photo by Alice Pasqual on Unsplash There is no denying that a major economic downturn is now in the books, and that lacking an energy miracle, the world economy is about to go through a major shift. After discussing the faulty nature of prevailing economic metrics (GDP) in last […]
It Will Happen Suddenly
It Will Happen Suddenly As the Great Unravelling progresses, we shall be seeing many negative developments, some of them unprecedented. Only a year ago, the average person was still hanging on to the belief that the world is in a state of recovery, that, however tentative, the economy was on the mend. And this is […]
Today’s Contemplation: Collapse Cometh CLXVI–Societal Collapse: The Past is Prologue
Today’s Contemplation: Collapse Cometh CLXVI Athens, Greece (1984). Photo by author. Societal ‘Collapse: The Past is Prologue Today’s Contemplation has been once again prompted by the latest musings of The Honest Sorcerer. I believe their posts motivate me more than most others I read because we very often focus upon the same subject matter and appear, for […]
Financing the End of Modernity
Financing the End of Modernity How financialization heralds the end of the industrial age That didn’t worked out as intended… Who would’ve thought? Photo by micheile henderson on Unsplash Western neoliberal economies are on the brink of a steep economic decline. Barring an energy / productivity miracle a prolonged and deep recession is clearly on the horizon. While […]
The Crash Will Be Spectacular
THE CRASH WILL BE SPECTACULAR “Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes… If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…” The government collects $2.6 trillion of […]
David Stockman on Washington’s Fiscal Doomsday Machine
David Stockman on Washington’s Fiscal Doomsday Machine Here’s one that will make your hair stand on end: The US Treasury closed the books on FY 2023, bringing the four-year cumulative deficit to $9.0 trillion! That’s right. During the last 1,461 days (FY 2020 thru FY 2023), Uncle Sam has generated $6.2 billion of red ink each and every […]
U.S. Financial Death Spiral – John Rubino
U.S. Financial Death Spiral – John Rubino Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently. Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying […]
Today’s Contemplation: Collapse Cometh XXX–Ecological Overshoot and Political Responses
Today’s Contemplation: Collapse Cometh XXX September 21, 2021 Tulum, Mexico (1986) Photo by author Ecological Overshoot and Political Responses Today’s post has been prompted by some thoughts regarding the inability of our political systems to respond in a timely manner to our plight of ecological overshoot penned by Rex Weyler, co-founder of Greenpeace, and posted by Alice […]
