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2016 Theme #5: The Systemic Failure of High Finance

2016 Theme #5: The Systemic Failure of High Finance This week I am addressing themes I see playing out in 2016. A number of systemic, structural forces are intersecting in 2016. One is the failure of high finance to fix the global economy’s systemic problems. The operative conceit of the past 7 years has been […]

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2016 Theme #3: The Rise of Independent (non-state) Crypto-Currencies

2016 Theme #3: The Rise of Independent (non-state) Crypto-Currencies This week I am addressing themes I see playing out in 2016. A number of systemic, structural forces are intersecting in 2016. One is the rise of non-state, non-central-bank-issued crypto-currencies. We all know money is created and distributed by governments and central banks. The reason is simple: […]

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Voluntary Enslavement

Voluntary Enslavement In recent years, I’ve been predicting that the governments, particularly those of the EU and US, will seek to eliminate paper currency. The objective will be to make monetary transactions between private parties as difficult as they can, by requiring that all transactions take place through financial institutions. If they can do this, […]

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The Re-enserfment of Western Peoples

The Re-enserfment of Western Peoples The re-enserfment of Western peoples is taking place on several levels. One about which I have been writing for more than a decade comes from the offshoring of jobs. Americans, for example, have a shrinking participation in the production of the goods and services that are marketed to them. On […]

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The Lesson of Greece: Only Collapse Makes Real Change Possible

The Lesson of Greece: Only Collapse Makes Real Change Possible When the illusion that the Status Quo can fulfill all its promises to everybody dies, the Status Quo starts the terminal slide to effective collapse. Of the many lessons we can learn from Greece’s difficult path to rejection of debt-serfdom, the most important is perhaps […]

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Asset Ownership and Our System of Deepening Debt-Serfdom

Asset Ownership and Our System of Deepening Debt-Serfdom Debt-serfs who make the difficult and risky transition to small-scale business owners find they have simply moved to another class of serfdom. The core dynamic of debt-serfdom is that debt-serfs must borrow money to buy essentials while the wealthy borrow to invest in productive assets. This is not merely […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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