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2021 Year in Review: Crisis of Authority and the Age of Narratives
2021 Year in Review: Crisis of Authority and the Age of Narratives Every year, friend-of-the-site David Collum writes a detailed “Year in Review” synopsis full of keen perspective and plenty of wit. This year is no exception. Poignant and delightfully acerbic when necessary, considering the troubling times. As with past years, he selected Peak Prosperity […]
Weekly Commentary: 2021 Year in Review
Weekly Commentary: 2021 Year in Review Books will be written chronicling 2021. I’ll boil an extraordinary year’s developments down to a few simple words: “Things Ran Wild”. Covid ran wild. Monetary inflation ran wild. Inflation, in general, ran completely wild. Speculation and asset inflation ran really wild. More insidiously, mal-investment and inequality turned wilder. Extreme […]
The Clouds Have Cleared in 2021, and What We Are Seeing Is a Dystopian 2022
The Clouds Have Cleared in 2021, and What We Are Seeing Is a Dystopian 2022 Photo by Javier Quiroga This year was a doozy. Right out of the gate, millionaires were sounding the alarm that the markets were looking overvalued while reducing their risk exposure. In February we got a taste of what could be the […]
Ranchers Sell Off Cattle And Farmers Idle Hundreds Of Thousands Of Acres As America’s Drought Emergency Escalates
Ranchers Sell Off Cattle And Farmers Idle Hundreds Of Thousands Of Acres As America’s Drought Emergency Escalates In my entire lifetime, this is the worst that drought conditions have ever been in the western half of the country. During the past 20 years, the amount of territory in the West considered to be suffering from […]
2021 – The Choppiness Ahead
2021 – The Choppiness Ahead QUESTION #1: OK. Now what? The Democrats seem to be just vindictive and do not represent all the people. Any thoughts on the future? FC QUESTION #2: Hello Martin. You and Socrates are the only sane people/AI in a totally insane world for the time being. Thanks for that. From a […]
If You Thought 2020 Was Bad, Watch What Happens In 2021
If You Thought 2020 Was Bad, Watch What Happens In 2021 In terms of the economy and the American social situation, 2020 is definitely one of the ugliest years on record, there’s really no way around it. That said, I get the impression that many in the public are operating under the assumption that we […]
2021 is Already Optimized for Failure
2021 is Already Optimized for Failure One sure way to identify a system “optimized for failure” is if all the insiders are absolutely confident the system is “optimized for my success”. I often discuss optimization here because it offers an insightful window into how systems become fragile and break down. When we optimize something, we’re aiming to get […]
The Coming Financial Crisis of 2021
The Coming Financial Crisis of 2021 Economist Steve Keen issues new warning Economist Steve Keen predicts that even if the covid-19 health crisis subsides next year, a brewing financial crisis on par with the 2008 Great Recession is in the making. He sees the pandemic as having delivered an “unprecedented shock” to the global economy, […]
Gerald Celeste–$2000 Gold Coming and Brace For the Greatest Depression Ever Seen By Early 2021
GERALD CELENTE – $2000 GOLD COMING AND BRACE FOR THE GREATEST DEPRESSION EVER SEEN BY EARLY 2021 Gerald Celente, Founder of the Trends Research Institute, shares one of his boldest forecast with SBTV – expect $2,000 gold price as early as end-2020 and prepare for the onset of the greatest depression the world has ever seen by early […]
Italy – the Coming Revolution & Euro Crisis for 2021?
Italy – the Coming Revolution & Euro Crisis for 2021? QUESTION: Mr. Armstrong, you obviously have a database on Italy that is without comparison. Nobody else even had a chart on the Italian lira you recently published on the blog. I know you are well aware of the revolutions in Italy and the history. I […]