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Blain’s Morning Porridge – May 21st 2019

Blain’s Morning Porridge – May 21st 2019 “He knew everything about literature, except how to enjoy it…” Waves of negative news headlines battering markets. Might have to wear a hat.. Huawei – Trade War Threat Level Rises The Huawei embargo raises the trade war threat from undeclared to imminent shooting match. While it’s not quite […]

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Localisation: A strategic solution to globalised authoritarianism

Localisation: A strategic solution to globalised authoritarianism For those who care about peace, equality and the future of the planet, the global political swing to the right over the past few years is deeply worrying. It has us asking ourselves, how did this happen? How did populism turn into such a divisive and destructive force? How […]

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“Globalization is the Demise of Humanity”: Towards an “Economy of Peace” with an Alternative Monetary System

“Globalization is the Demise of Humanity”: Towards an “Economy of Peace” with an Alternative Monetary System Globalisation is the demise of humanity. That being said, if we want peace, solidarity, harmonious cohabitation, justice and equality – we have to defeat globalisation. And to be able to defeat it, countries which strive to take back autonomy […]

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The Biggest Monetary Experiments In History: Part 2

The Biggest Monetary Experiments In History: Part 2 In part one we discussed the troubling issues in Europe (in case you missed it, you can read it here). Today… Japan The story of Japan is really a story that begins with globalisation. According to the Oxford Dictionary, globalisation is described as: “The process by which […]

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What’s Wrong with the Economy: 9 Toxic Dynamics

What’s Wrong with the Economy: 9 Toxic Dynamics These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These nine structural dynamics generate secondary dynamics, all of which are toxic to social mobility, sustainable […]

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The massive hidden costs of the fossil fuel system

The massive hidden costs of the fossil fuel system Two stumbling blocks on the road to regeneration: externalities and subsidies The prevailing opinion among today’s political and economic elites is that economic globalisation is in some sense inevitable, perhaps even the summit of human achievement. The oft-repeated mantra is that ‘there is no alternative’ and we […]

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Sustainability Boils Down to Scale

Sustainability Boils Down to Scale Only small scale systems can sustainably impose “skin in the game”– consequences, accountability and oversight. Several conversations I had at the recent Peak Prosperity conference in Sonoma, CA sparked an insight into why societies and economies thrive or fail: It All Boils Down to Scale. In a conversation with a […]

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Geopolitics, Globalization and World Order

Geopolitics, Globalization and World Order Understanding the objectives and logic that accompany the expansion of nations or empires is always of paramount importance in helping one draw lessons for the future In this series of four articles I intend to lay a very detailed but easily understandable foundation for describing the mechanisms that drive great […]

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“The Resentment Will Explode” – In Dramatic Twist, McKinsey Slams Globalization

“The Resentment Will Explode” – In Dramatic Twist, McKinsey Slams Globalization The IMF is getting nervous, and what it appears to be most concerned about, is a collapse of the status quo. Moments ago, in a speech in Washington, IMF head Christine Lagarde said that “The greatest challenge we face today is the risk of […]

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The Destabilizing Consequences of Globalization

The Destabilizing Consequences of Globalization Gordon T. Long and I discuss the failure of the status quo’s “New Normal” in a new 34-minute YouTube program. It is not possible to coherently discuss the “New Normal” economy without discussing financialization–the substitution of credit expansion and speculation for productive investments in the real economy–and its sibling: globalization. Globalization is […]

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Is Globalization Really Fueling Populism?

Is Globalization Really Fueling Populism? BRUSSELS – On both sides of the Atlantic, populism of the left and the right is on the rise. Its most visible standard-bearer in the United States is Donald Trump, the Republican Party’s presumptive presidential nominee. In Europe, there are many strands – from Spain’s leftist Podemos party to France’s right-wing […]

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The world industrial system as bacteria in a Petri dish

The world industrial system as bacteria in a Petri dish In a previous post, I speculated that a thermodynamic system such our industrial economy is completely dependent from its “outside”. As it grows and incorporates this “outside”, it is obliged to store high entropy inside itself. Possibly, the epidemic diffusion of riots in the very heart of […]

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Deutsche Bank: Negative Rates Confirm The Failure Of Globalization

Deutsche Bank: Negative Rates Confirm The Failure Of Globalization Negative interest rates may or may not be a thing of the past (many thought that the ECB had learned its lesson, and then Vitor Constancio wrote a blog post showing that the ECB hasn’t learned a damn thing), but the confusion about their significance remains. […]

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Got Food? How Local Food Systems Can Build Resilience for Turbulent Times

Got Food? How Local Food Systems Can Build Resilience for Turbulent Times Corey Templeton The Deering Oaks farmers’ market, held every Wednesday and Saturday in Portland, Maine. Consider, for a moment, that lettuce leaf on your plate. It probably traveled a long way to get there—about 1,500 miles, on average.1 In fact, your dinner has probably […]

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A Transition for Humanity Into the Post-Petroleum Age: 10 Commandments.

A Transition for Humanity Into the Post-Petroleum Age: 10 Commandments. On her blog, “Our Finite World”, Gail Tverberg outlines the likely prognosis for humanity, and our best possible choices, as we run up against the Limits of Growthhttp://ourfiniteworld.com/2014/02/17/reaching-limits-to-growth-what-should-our-response-be/ The case she unveils is, to say the least of it, sobering, but I am reminded of an […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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