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Want to Understand Rising Wealth Inequality? Look at Debt and Interest
Want to Understand Rising Wealth Inequality? Look at Debt and Interest “Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).” I often refer to debt serfdom, the servitude debt enforces on borrowers. The mechanism of this […]
State of Denial: The Economy No Longer Works As It Did in the Past
State of Denial: The Economy No Longer Works As It Did in the Past There’s no Plan B for a state-corporate form of central-planning capitalism that is no longer functioning. If there is one reality that is denied or obscured by the Status Quo, it is that the economy no longer works as it did […]
Our State-Corporate Plantation Economy
Our State-Corporate Plantation Economy We’ve been persuaded that the state-cartel Plantation Economy is “capitalist,” but it isn’t. It’s a rentier skimming machine. I have often discussed the manner in which the U.S. economy is a Plantation Economy, meaning it has a built-in financial hierarchy with corporations at the top dominating a vast populace of debt-serfs/ […]
Marx, Orwell and State-Cartel Socialism
Marx, Orwell and State-Cartel Socialism When “socialist” states have to impose finance-capital extremes that even exceed the financialization of nominally capitalist economies, it gives the lie to their claims of “socialism.” OK, so our collective eyes start glazing over when we see Marx and Orwell in the subject line, but refill your beverage and stay […]
What’s Your Plan B?
What’s Your Plan B? Although Plan B includes a wide spectrum of options, these three basic categories define three different purposes for having an alternative residence lined up. We all have a Plan A–continue living just like we’re living now. Some of us have a Plan B in case Plan A doesn’t work out, and […]
Is Your “Democracy” Actually a Totalitarian State? Take this Quick Quiz
Is Your “Democracy” Actually a Totalitarian State? Take this Quick Quiz The USA is already a Totalitarian State with a Ministry of Propaganda that works overtime to generate a flimsy illusion of “democracy.” Is your “democracy” (or republic) actually a Totalitarian State? That is, is it a “democracy” or “republic” in name only? To find […]
Uncertainty and the Humility of Forecasting an Unknowable Future
Uncertainty and the Humility of Forecasting an Unknowable Future While we’re being reassured that all these grandiose promises are resting on trends that are as reliably predictable as the tides, the next easily predictable crisis will very likely reveal the trends are speculative bubbles that will predictably burst in a devastating reversion. Certainty and uncertainty […]
Having A ‘Retreat’ Property Comes With Real Challenges
TrueActivist.com Having A ‘Retreat’ Property Comes With Real Challenges About that bug-out plan… A flurry of recent headlines has highlighted the financial elites’ interest in secure retreats (a.k.a. bug-out locations) should the trucks stop rolling. That those with the most money and access to expertise are preparing safe havens has moved the conversation about bug-out […]
“Trickle Down” Has Failed; Wealth and Income Have “Trickled Up” to the Top .5%
“Trickle Down” Has Failed; Wealth and Income Have “Trickled Up” to the Top .5% Central bank policies have generated a truly unprecedented “trickle-up” of wealth and income to the top .5%. Over the past 20 years, central banks have run a gigantic real-world experiment called “trickle-down.” The basic idea is Keynesian (i.e. the mystical and comically […]
When the “Solutions” Become the Problems
When the “Solutions” Become the Problems Those benefiting from these destructive “solutions” may think the system can go on forever, but it cannot go on when every “solution” becomes a self-reinforcing problem that amplifies all the other systemic problems. We are living in an interesting but by no means unique dynamic in which the solutions […]
The Overlapping Crises Are Coming, Regardless of Who’s in Power
The Overlapping Crises Are Coming, Regardless of Who’s in Power No leader can reverse the dynamics of mutually reinforcing crises. Commentators seem split into three camps: those who see Trump as a manifestation of smouldering social/economic ills, those who see Trump and his supporters as the cause of those ills, and those who see Trump […]
The Deep State’s Dominant Narratives and Authority Are Crumbling
The Deep State’s Dominant Narratives and Authority Are Crumbling This is why the Deep State is fracturing: its narratives no longer align with the evidence. As this chart from Google Trends illustrates, interest in the Deep State has increased dramatically in 2017. The term/topic has clearly moved from the specialist realm to the mainstream. I’ve been […]
Don’t You Hate Spammy, Sensationalist Click-Bait Like this?
Don’t You Hate Spammy, Sensationalist Click-Bait Like this? So what’s the difference between “fake news,” spammy sensationalist click-bait and so-called “mainstream news” that serves the interests of the corporate-state? It’s getting hard to tell. We’re inundated with spammy sensationalist click-bait. You know what I mean–the little boxes containing eye-candy photos and headlines such as “you won’t […]
The Conflict within the Deep State Just Broke into Open Warfare
The Conflict within the Deep State Just Broke into Open Warfare The battle raging in the Deep State isn’t just a bureaucratic battle–it’s a war for the soul, identity and direction of the nation. When do the unlimited powers of the Intelligence/Security agencies threaten America’s domestic and global national interests? The CIA and its political enablers claim […]
It’s What’s Happening Beneath the Surface That Matters: Moral Decay and Rising Inequality
It’s What’s Happening Beneath the Surface That Matters: Moral Decay and Rising Inequality These disintegrative forces are easy to see but elusive to pin down. Nobody defines themselves as self-serving, greedy and lacking in virtue. Everyone feels trapped in the system. With the media’s hyperactive three-ring circus blasting 24/7, it’s easy to forget that everything consequential […]
