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How the Collapse of Venezuela Really Happened: Part 2
How the Collapse of Venezuela Really Happened: Part 2 Finally!!!! After Jose left us hanging in Part 1 of How the Collapse of Venezuela Really Happened, he’s back with part 2. In the last installment, he’d been inadvertently swept up in a mob of protesters. So, I found myself, at age 15 facing a mob coming […]
Old Age and Societal Decline
Old Age and Societal Decline People grow old and die. Civilizations eventually fail. For centuries amateur philosophers have used the former as a metaphor for the latter, leading to a few useful insights and just as many misleading generalizations. The comparison becomes more immediately interesting as our own civilization stumbles blindly toward collapse. While not […]
Peter Schiff: In The Impending Collapse ‘Everything That Can Go Wrong, Will’
Peter Schiff: In The Impending Collapse ‘Everything That Can Go Wrong, Will’ The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause the whole system to crash. The weakening of the U.S. dollar is just getting started, warned veteran market forecaster Peter […]
Why Governments are Like an Ameba
Why Governments are Like an Ameba QUESTION: Mr. Armstrong; You may be called the legend because of your forecasts on so many levels, but it might also be because you have met with more governments than probably any economist or analyst. My question is simple. From your experience, do you believe you can prevent the […]
If You See These 14 Signs It’s Time to Bug Out
If You See These 14 Signs It’s Time to Bug Out ReadyNutrition Guys and Gals, this article is presented by request of one of the readers. Here is the requesting comment, as posted to the recent METL (Mission Essential Task List) article of mine: RedClay: “How about a list of circumstances for when it’s time […]
What Will It Really Take to Avoid Collapse?
What Will It Really Take to Avoid Collapse? Fifteen thousand scientists have issued a dire warning to humanity about impending collapse but virtually no-one takes notice. Ultimately, our global systems, which are designed for perpetual growth, need to be fundamentally restructured to avoid the worst-case outcome. For a moment, the most important news in the entire […]
Bank Of England Warns The UK: ‘Economic Collapse’ If UK Keeps Borrowing Money
Bank Of England Warns The UK: ‘Economic Collapse’ If UK Keeps Borrowing Money The Bank of England is putting the United Kingdom on alert. Should the UK keep borrowing money, there will be a “Venezuela-style” economic collapse that will devastate normal citizens. A senior Bank official has warned that the UK’s economy would be unlikely to […]
The Zealous Pursuit of State-Sponsored Collapse
The Zealous Pursuit of State-Sponsored Collapse When Bakers Go Fishing Government intervention into a nation’s economy is as foolish as attempting to control the sun’s rise and fall by law or force. But that doesn’t mean governments don’t meddle each and every day with the best – and worst – of intentions. The United States […]
The Seneca Cliff Explained: a Three Dimensional Collapse Overview Model
The Seneca Cliff Explained: a Three Dimensional Collapse Overview Model A Three Dimensional Collapse Overview Model In this post, Geoffrey Chia illustrates one of the fundamental characteristics of the “Seneca Effect”, also known as “collapse,” the fact that it occurs in networked systems dominated by feedback interactions. This is a qualitative interpretation of collapse that […]
How “Ghost Collateral” And “Yin-Yang” Property Deals Will Collapse China’s Credit Bubble
How “Ghost Collateral” And “Yin-Yang” Property Deals Will Collapse China’s Credit Bubble One lesson from the 2007-08 crisis was that the vast majority of financial market participants, never mind the general public, were unfamiliar with subprime mortgages until the crisis was underway. Even now, we doubt many have much understanding of repo, the divergence between […]
For Saving the Earth We Need to Tell the Whole Truth — an eco-socialist’s response to Richard Smith
For Saving the Earth We Need to Tell the Whole Truth — an eco-socialist’s response to Richard Smith In his article,1 Richard calls upon his readers to “change the conversation”. He asks, “What are your thoughts?” He says, if we don’t “come up with a viable alternative, our goose is cooked.” I fully agree. So […]
Sarnia-born professor looks to future
Sarnia-born professor looks to future (Submitted photo) The world is racing towards a large-scale impending collapse, and if humans want to avoid a future filled with social, political and environmental catastrophe, they would do well to devolve and democratize society’s decision-making process, currently in the hands of a select few. So said Sarnia-born author Kevin […]
The movement to replace neoliberalism is on the ascendency – where should it go next?
The movement to replace neoliberalism is on the ascendency – where should it go next? Ten years after the crash, the movement to replace neoliberalism is in the ascendency. Well organised campaigns cover everything from the promotion of pluralism in economic curricula to the application of new economic principles in local communities. Academics and campaigners, […]
