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Wars, Apologetics, and Political Arguments
Wars, Apologetics, and Political Arguments When political arguments ask you to commit to extreme positions, perhaps they are religious rather than ethical arguments. Possibly the two most pressing world events at the moment are the wars in Ukraine and Israel. In each case, the argumentation for each side in the Western world has followed a […]
Today’s Contemplation: Collapse Cometh XLVII–Faith in Government: A Misplaced Belief
Today’s Contemplation: Collapse Cometh XLVII April 13, 2022 (original posting date) Monte Alban, Mexico (1988) Photo by author Faith in Government: A Misplaced Belief Today’s contemplation has been prompted by an article by ecologist and educator Richard Heinberg (see link below). Infinite growth. Finite planet. What could possibly go wrong? As our awareness of the various existential […]
Weekly Commentary: $247 Trillion and (Rapidly) Counting
Weekly Commentary: $247 Trillion and (Rapidly) Counting I chronicled mortgage finance Bubble excess on a weekly basis. Relevant data were right there in plain sight, much of it courtesy of the Federal Reserve. Yet only after the Bubble burst did it all suddenly become obvious. Flashing warning signs were masked by manic delusions of endless […]
The Myths We Tell Ourselves
The Myths We Tell Ourselves “We hang the petty thieves and appoint the great ones to public office.” Your average mass media pundit regularly decries the fact Americans no longer have trust in the country’s institutions, yet simultaneously refuse to take any sort of responsibility for the situation. Government bureaucrats and other assorted supporters of […]
How Systems Collapse
How Systems Collapse This is how systems collapse: faith in the visible surface of abundance reigns supreme, and the fragility of the buffers goes unnoticed. I often discuss systems and systemic collapse, and I’ve drawn up a little diagram to illustrate a key dynamic in systemic collapse. The key concepts here are stability and buffers. […]
Episode 109: Richard Heinberg on Choosing to Get Off Fossil Energy—Our Best Local Choices
Episode 109: Richard Heinberg on Choosing to Get Off Fossil Energy—Our Best Local Choices Simpler OneEarth Living Podcast* Richard Heinberg is the author of thirteen books, including some of the seminal works on society’s current energy and environmental sustainability crisis: Most recently, Our Renewable Future: Laying the Path for One Hundred Percent Clean Energy, co-authored […]
The Virtual Economy Is The End Of Freedom
The Virtual Economy Is The End Of Freedom There is one simple rule to follow when understanding the tragic history of economies: Never put blind faith in a system built on an establishment-created foundation. You would think this would not be a difficult concept to grasp being that we have so many examples of controlled […]
Ideology as Addiction
Ideology as Addiction Solutions abound, but they aren’t one size fits all ideologies. It isn’t just coincidental that ideology shares so many dynamics with addiction. Though ideology is a faith-belief dynamic rather than a chemical process, both require constant reinforcement/renewal and both demand a painful withdrawal procedure of those who decide to free themselves of the […]
Lost Faith In Central Banks And The Economic End Game
Lost Faith In Central Banks And The Economic End Game We live in strange economic times, stranger perhaps than at any other point in history. Since 2007-2008, the globally intertwined and dependent fiscal system has suffered considerable declines in every conceivable area. Manufacturing around the world is in a slump, from Japan to China to […]
Why Markets Are Crashing: “Faith In Central Banks Fails”
Why Markets Are Crashing: “Faith In Central Banks Fails” While Citigroup’s Eric Lee thinks its “ridiculous” to talk fo a US recession, it appears the macro data and markets would strongly disagree: as Bloomberg reports: Signals by central banks from Europe to Japan that additional stimulus is at the ready are failing to ease investor […]
The Damage Has Been Done And The Consequences Will Be Suffered: “Have a Healthy Storage of Food, Precious Metals and Necessary Supplies”
The Damage Has Been Done And The Consequences Will Be Suffered: “Have a Healthy Storage of Food, Precious Metals and Necessary Supplies” While the band plays on and Americans celebrate New Year’s many have no idea what may be in store in 2016. Mainstream financial pundits like to paint a rosy picture of the current […]
Ecological Panic: The New Rationale For Globalist Cultism
Ecological Panic: The New Rationale For Globalist Cultism Faith in an ideology based on a desire for power over others and the need to feel personally superior without any legitimate accomplishment is perhaps the most dangerous state of being an individual or society can adopt. I would refer to such a mindset as “zealotry,” an […]
Weekly Commentary: Developing or Developed?
Weekly Commentary: Developing or Developed? BloombergView (By Matthew A. Winkler): “Ignore China’s Bears: There’s a bull running right past China bears, and it’s leading the world’s second-largest economy in a transition from resource-based manufacturing to domestic-driven services such as health care, insurance and technology. Just when the stock market began its summer-long swoon, investors showed […]
Something Happened
Something Happened Ben Bernanke’s memoir is out and the chatter about it inevitably turns to the sickening moments in September 2008 when “the world economy came very close to collapse.” Easy to say, but how many people know what that means? It’s every bit as opaque as the operations of the Federal Reserve itself. There […]