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Olduvai III: Catacylsm
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EU parliament chief warns of bloc’s ‘implosion,’ says people lost trust in ‘entire institutions’

EU parliament chief warns of bloc’s ‘implosion,’ says people lost trust in ‘entire institutions’ European Parliament President Martin Schulz. © Vincent Kessler / Reuters Many people have lost trust in “entire institutions, whether national or European,” EU parliament Chief Martin Schulz says. He sounded the alarm over a possible “implosion of the EU” due to the […]

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Collapse, Part 4: Loss of Faith in Public Institutions

Collapse, Part 4: Loss of Faith in Public Institutions  Public institutions are now devoted to serving their own vested interests or the interests of private financial Elites. Though we may think of collapse in terms of ATMs not working and rampaging mobs, collapse actually starts with the intangible loss of faith in public institutions:elected officials, law enforcement, […]

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charles hugh smith-Why Living in a Post-Bubble World Is No Fun

charles hugh smith-Why Living in a Post-Bubble World Is No Fun. What do we do when the bubble economy cannot be reflated? It is generally conceded that we are living in an era of Peak Everything: peak central bank omnipotence, peak powerless of the non-elites, peak wealth inequality, peak media-induced delusion, peak market-rigging, peak bogus official […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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