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Tag Archives: of two minds
Push Them Hard Enough and the Productive Class Will Opt Out of Servitude
Push Them Hard Enough and the Productive Class Will Opt Out of Servitude People love their big paychecks, but they also value their sanity. One of the most astonishing manifestations of disconnected-from-reality hubris is public authorities’ sublime confidence that employers and entrepreneurs will continue starting and operating enterprises no matter how difficult and costly it becomes […]
How Empires Fall: Moral Decay
How Empires Fall: Moral Decay There is a name for this institutionalized, commoditized fraud: moral decay. Moral decay is an interesting phenomenon: we spot it easily in our partisan-politics opponents and BAU (business as usual) government/private-sector dealings (are those $3,000 Pentagon hammers now $5,000 each or $10,000 each? It’s hard to keep current…), and we’re suitably indignant when […]
The Next Financial Crisis Won’t Be Caused by Fraud: This Time Will Be Different
The Next Financial Crisis Won’t Be Caused by Fraud: This Time Will Be Different Extreme levels of debt and overvaluation characterize the entire global economy, and are not limited to any one nation or sector. Financial crises come in two flavors: fraud and credit-valuation over-reach. Fraud-based financial crises may differ in particulars, but they share […]
Fitness without the Long, Grueling Workout
Fitness without the Long, Grueling Workout Pondering what Nature selected as advantageous in our long existence as hunter-gatherers helps us understand why walking and occasional short bursts of intensive exercise together yield the vast majority of the benefits of exercise/fitness. What if there was a way to get rich by merely investing a modest amount […]
Assange and the Unforgivable Sin of Disemboweling Official Narratives
Assange and the Unforgivable Sin of Disemboweling Official Narratives The entire global status quo is on the cusp of the S-Curve decline phase. There is really only one unforgivable sin in the political realm, and that’s destroying the official narrative by revealing the facts of the matter. This is why whistleblowers who make public the secret […]
Beneath the Surface of Brexit
Beneath the Surface of Brexit Geography matters, the balance of power matters, and democracy–it’s not yet clear if democracy matters or not. I’ve been asked to comment on Brexit. I’m happy to do so, but not by promoting a position yes or no, or by attempting to unravel the political machinations, as I have neither the knowledge nor the […]
The Japanification of the World
The Japanification of the World Zombification / Japanification is not success; it is only the last desperate defense of a failing, brittle status quo by doing more of what’s failed. A recent theme in the financial media is the Japanification of Europe.Japanification refers to a set of economic and financial conditions that have come to characterize Japan’s […]
Dear Stock Market: You Can’t Have It Both Ways
Dear Stock Market: You Can’t Have It Both Ways Eventually reality will intrude in this pleasant madness. OK, let me see if I have this right: the stock market is soaring because the economy is softening, so the Federal Reserve panicked and went from raising rates to considering cutting rates. It seems markets are now assuming […]
The Media, Mueller, the Big Con and the Democratization of Narrative
The Media, Mueller, the Big Con and the Democratization of Narrative Falling for a con is painful. The first reaction is to deny being conned, of course. The second is to blame skeptics for being correct in their skepticism. Here’s the fundamental “story” of the Mueller Investigation: elites don’t like “the little people” democratizing public […]
Politics Has Failed, Now Central Banks Are Failing
Politics Has Failed, Now Central Banks Are Failing With each passing day, we get closer to the shift in the tide that will sweep away this self-serving delusion of the ruling elites like a crumbling sand castle. Those living in revolutionary times are rarely aware of the tumult ahead: in 1766, a mere decade before the […]
Which Nations Will Crumble and Which Few Will Prosper in the Next 25 Years?
Which Nations Will Crumble and Which Few Will Prosper in the Next 25 Years? Adaptability and flexibility will be the core survival traits going forward. What will separate the many nations that will crumble in the next 25 years and those few that will survive and even prosper while the status quo dissolves around them? As […]
The Neutered Fed Is Politically Trapped
The Neutered Fed Is Politically Trapped Everyone now knows that the only meaningful goal of Fed policy is propping up the world’s greatest credit-asset bubble. In this era of fake news and deep-fake digital recordings and images, it’s important to use unedited images. With this firmly in mind, here is an unedited photo of Federal Reserve Chair Jay Powell and […]
While the Nation Fragments Socially, the Financial Aristocracy Rules Unimpeded
While the Nation Fragments Socially, the Financial Aristocracy Rules Unimpeded America’s aristocracy is not formalized, and that’s the secret of its success. If there is one central irony in American history, it is this: the citizenry that broke free of the chains of British Monarchy, the citizenry that reckoned everyone was equal before the law, the […]
Here’s The Problem: The Pie Is Shrinking
Here’s The Problem: The Pie Is Shrinking At that point, the only way to enable debt-serfs to service their debts is too give them free money, i.e. Universal Basic Income (UBI). Scrape away the churn and distraction and the problem is simple: the pie of prosperity is shrinking, and the “fixes” are failing. The status quo […]
The Source of Killer Inflation: Services
The Source of Killer Inflation: Services The soaring cost of services is driven by a number of factors. What will the future bring: fire (inflation) or ice (deflation)? The short answer: both, but in very different doses. Goods that are tradeable and exposed to technologically driven commodification will decline in price (deflation) while untradeableservices that are difficult to commoditize […]



