{"id":55047,"date":"2020-09-15T07:35:54","date_gmt":"2020-09-15T12:35:54","guid":{"rendered":"https:\/\/olduvai.ca\/?p=55047"},"modified":"2020-09-15T07:35:54","modified_gmt":"2020-09-15T12:35:54","slug":"the-four-ds-that-define-the-future","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=55047","title":{"rendered":"The Four D’s That Define the Future"},"content":{"rendered":"

The Four D’s That Define the Future<\/a><\/h3>\n
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When the money runs out or loses its purchasing power, all sorts of complexity that were previously viewed as essential crumble to dust.<\/i><\/div>\n
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Four D’s will define 2020-2025: derealization, denormalization, decomplexification and decoherence.<\/b>\u00a0That’s a lot of D’s. Let’s take them one at a time.<\/div>\n
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I use the word\u00a0derealization<\/b>\u00a0to describe the inner disconnect between what we experience and what the propaganda \/ marketing complex we live in tells us we should be experiencing.<\/div>\n
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Put another way:\u00a0our lived experience is derealized (dismissed as not real) by official spin and propaganda.<\/b><\/div>\n
The current state of the economy is a good example.<\/b>\u00a0We see the real-world economy declining yet the officially approved narrative is that there’s a V-shaped recovery underway because Big Tech stocks are hitting new highs. In other words, we don’t need a real-world economy, all we need is a digital economy provided by Big Tech platforms.<\/div>\n
This is derealization at its finest:<\/b>\u00a0the everyday world you experience directly no longer matters; what matters is stock prices and various statistics that all paint a rosy picture.<\/div>\n
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Meanwhile, the wealthiest class is fleeing soon-to-be-bankrupt cities. The wealthiest class has the means to buy the best advice and also has the most to lose, so I give their actions far more credence than official propaganda.<\/div>\n
I’ve sketched out my thesis on\u00a0denormalization<\/i>\u00a0in\u00a0The “New Normal” Is De-Normalization<\/a><\/b>\u00a0and\u00a0Here’s Why the “Impossible” Economic Collapse Is Unavoidable<\/a>:<\/div>\n
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This is why denormalization is an extinction event for much of our high-cost, high-complexity, heavily regulated economy. Subsidizing high costs doesn’t stop the dominoes from falling, as subsidies are not a substitute for the virtuous cycle of re-investment.<\/i><\/div>\n
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The Fed’s project of lowering the cost of capital to zero doesn’t generate this virtuous cycle; all it does is encourage\u00a0socially useless speculative predation.<\/b>\u00a0Collapse isn’t “impossible,” it’s unavoidable.<\/i><\/div>\n
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\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Four D’s That Define the Future When the money runs out or loses its purchasing power, all sorts of complexity that were previously viewed as essential crumble to dust. Four D’s will define 2020-2025: derealization, denormalization, decomplexification and decoherence.\u00a0That’s a lot of D’s. Let’s take them one at a time. I use the word\u00a0derealization\u00a0to […]<\/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],"tags":[24078,150,154,195,30314,30313,30187,30312,303,341,587,3650],"class_list":["post-55047","post","type-post","status-publish","format-standard","hentry","category-economics","tag-charles-hugh-smith-2","tag-collapse","tag-complexity","tag-debt","tag-decoherence","tag-decomplexification","tag-denormalization","tag-derealization","tag-fed","tag-future","tag-of-two-minds","tag-us-federal-reserve"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55047","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=55047"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55047\/revisions"}],"predecessor-version":[{"id":55048,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55047\/revisions\/55048"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}