{"id":22772,"date":"2017-02-13T17:31:37","date_gmt":"2017-02-13T22:31:37","guid":{"rendered":"http:\/\/olduvai.ca\/?p=22772"},"modified":"2017-02-13T17:31:37","modified_gmt":"2017-02-13T22:31:37","slug":"made-for-each-other","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=22772","title":{"rendered":"Made For Each Other"},"content":{"rendered":"
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Made For Each Other<\/a><\/h3>\n<\/div>\n
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Don\u2019t be fooled by the idiotic exertions of the Red team and the Blue team. They\u2019re just playing a game of \u201cCapture the Flag\u201d on the deck of the Titanic. The ship is the techno-industrial economy. It\u2019s going down because it has taken on too much water (debt), and the bilge pump (the oil industry) is losing its mojo.<\/p>\n

Neither faction understands what is happening, though they each have an elaborate delusional narrative to spin in the absence of any credible plan for adapting the life of our nation to the precipitating realities. The Blues and Reds are mirrors of each other\u2019s illusions, and rage follows when illusions die, so watch out. Both factions are ready to blow up the country before they come to terms with what is coming down.<\/p>\n

What\u2019s coming down is the fruit of the gross mismanagement of our society since it became clear in the 1970s that we couldn\u2019t keep living the way we do indefinitely \u2014 that is, in a 24\/7 blue-light-special demolition derby. It\u2019s amazing what you can accomplish with accounting fraud, but in the end it is an affront to reality, and reality has a way of dealing with punks like us. Reality has a magic trick of its own: it can make the mirage of false prosperity evaporate.<\/p>\n

That\u2019s exactly what\u2019s going to happen and it will happen because finance is the least grounded, most abstract, of the many systems we depend on. It runs on the sheer faith that parties can trust each other to meet obligations. When that conceit crumbles, and banks can\u2019t trust other banks, credit relations seize up, money vanishes, and stuff stops working. You can\u2019t get any cash out of the ATM. The trucker with a load of avocados won\u2019t make delivery to the supermarket because he knows he won\u2019t be paid.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Made For Each Other Don\u2019t be fooled by the idiotic exertions of the Red team and the Blue team. They\u2019re just playing a game of \u201cCapture the Flag\u201d on the deck of the Titanic. The ship is the techno-industrial economy. It\u2019s going down because it has taken on too much water (debt), and the bilge […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,7],"tags":[2485,423,449,1278,9452],"class_list":["post-22772","post","type-post","status-publish","format-standard","hentry","category-economics","category-survival-2","tag-illusion","tag-industrial-civilization","tag-james-howard-kunstler","tag-oil-industry","tag-titanic"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22772"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22772\/revisions"}],"predecessor-version":[{"id":22773,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22772\/revisions\/22773"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}