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Tag Archives: collapse
Venezuela collapse: looting, hunger, blackouts
Venezuela collapse: looting, hunger, blackouts Preface. Venezuela is experiencing a double whammy of drought and low oil prices, which has lead to blackouts and inability to import food, ultimately due to their oil production peaking in 1997. The same fate awaits the U.S. someday when oil declines. Related posts: Nafeez Ahmed: Venezuela’s collapse is a window […]
The Final Act
The Final Act In processing the flow of information about the goings on in the US, it is impossible to get rid of a most unsettling sense of unreality—of a population trapped in a dark cave filled with little glowing screens, all displaying different images yet all broadcasting essentially the same message. That message is […]
Suppressing Dissent Guarantees Disorder and Collapse
Suppressing Dissent Guarantees Disorder and Collapse The frantic efforts of am exploitive elite to eliminate dissent only accelerates the regime’s path to collapse. Regimes that are losing public support always make the same mistake: rather than fix the source of the loss of public trust–the few enriching themselves at the expense of the many– the regime […]
Why Apocalyptic Claims About Climate Change Are Wrong
Why Apocalyptic Claims About Climate Change Are Wrong Environmental journalists and advocates have in recent weeks made a number of apocalyptic predictions about the impact of climate change. Bill McKibben suggested climate-driven fires in Australia had made koalas “functionally extinct.” Extinction Rebellion said “Billions will die” and “Life on Earth is dying.” Vice claimed the “collapse of civilization may have already begun.” […]
November 4th, 2019… Back in the Real World…
November 4th, 2019… Back in the Real World… Trawling through the market headlines this morning, I’m struck by the number of comments about how much better the investment environment looks. There is less likelihood of a global recession, corporate earnings aren’t as bad as expected, and jobs are growing. I am unconvinced. I see worrying […]
Pondering the Collapse of the Entire Shadow Banking System
Pondering the Collapse of the Entire Shadow Banking System What’s behind the ever-increasing need for emergency repos? A couple of correspondents have an eye on shadow banking. Shadow Banking The shadow banking system consists of lenders, brokers, and other credit intermediaries who fall outside the realm of traditional regulated banking. It is generally unregulated and […]
Eurozone
QUESTION: Hi Marty, I’m based here in South of England, within the commuter belt into London. The ECM forecasts an economic downturn 18.01.2020, and Europe looks to be at the epicentre. My own research tells me the job cuts in the auto sector in Germany are quite severe. How does all this play out after January? […]
The Myth of Imminent Collapse
The Myth of Imminent Collapse The ills that have haunted our species since time immemorial — starvation, illness, protection from the elements — are less prevalent than ever before. At the same time we’ve probably never been as disillusioned about the fruits of progress. Panicking about an imminent apocalyptic disaster, people march on the streets of the most prosperous cities in all […]
Falling From Grace
Falling From Grace Years ago, Doug Casey mentioned in a correspondence to me, “Empires fall from grace with alarming speed.” Every now and then, you receive a comment that, although it may have been stated casually, has a lasting effect, as it offers uncommon insight. For me, this was one of those and it’s one […]
There Is No Normal
There Is No Normal The wheel of time rolls forward, never retracing its path, but because it is a wheel, and we are riding in it, a persistent illusion persuades us that the landscape is recognizably the same, and that our doings within the regular turning of the seasons seem comfortably normal. There is no […]
Economic Collapse Imminent: Zimbabwe At ‘Tipping Point’ With ‘Wheels Coming Off’
Economic Collapse Imminent: Zimbabwe At ‘Tipping Point’ With ‘Wheels Coming Off’ Zimbabwe’s economic situation will continue to sour in 2H19 due to unfavorable weather conditions, foreign currency shortages and widespread power cuts, its finance minister said, as he responded to a deteriorating economic outlook by blacking out inflation statistics through the second half, and finally […]
BOOM! Fossil Fuel Combustion and the Mother of All Economic Busts
BOOM! Fossil Fuel Combustion and the Mother of All Economic Busts Photograph Source: Eric Kounce TexasRaiser – Public Domain William Catton focussed on what follows a boom in the human population. He spelled out the scenario in his 1980 book, Overshoot: The Ecological Basis of Revolutionary Change. As one reviewer put it, “Catton believed that industrial civilization had […]
How to Destroy a Civilization
How to Destroy a Civilization There are lots of ways to kill off a civilization. Wars, politics, economic collapse. But what are the actual mechanics? It might be a useful thing to know whether or not we are killing ourselves off. Ancient Rome is a good place to start. They had an advanced civilization. They had […]
