2021: If It Wasn’t For Bad Luck, We Wouldn’t Have No Luck At All
2021-01-11
If we have indeed begun a sustained "reversal of fortune", it might be prudent to consider the possibility we’re only in the first inning of a sustained run of back luck.
One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline?
2020-12-15
Regardless of what happens with vaccines and Covid-19, debt and energy–inextricably bound as debt funds consumption– will destabilize the global economy in a self-reinforcing feedback.
Don’t Blame Covid: The Economy is Imploding from Over-Capacity and Corrupt Cartels
2020-11-17
Now that the bubble has burst, the hope is that removing the pin will magically restore the burst bubble. Sorry, it doesn’t work that way. Here’s the fantasy: if we stop the shutdowns, the economy will naturally bounce back to its oh-so wunnerful perfection of Q3 2019. This is a double-dose of magical thinking and denial.
Everything is Staged
2020-10-22
All the staging is a means to an end, and everyone in America is nothing more than a means to an end: close the sale so the few can continue exploiting the many. You know how realtors stage a house to increase its marketability: first, they remove all evidence that people actually live there.
The Empire of Uncertainty
2020-10-02
Anyone claiming they can project the trajectory of the U.S. and global economy is deluding themselves. Normalcy depends entirely on everyday life being predictable. To be predictable, life must
be stable, which means that there is a high level of certainty in every aspect of life.
This Is How It Ends: All That Is Solid Melts Into Air
2020-09-13
While the Federal Reserve and the Billionaire Class push the stock market to new highs to promote a false facade of prosperity, everyday life will fall apart. How will the status quo collapse? An open conflict–a civil war, an insurrection, a coup–appeals to our affection for drama, but the more likely reality is a decidedly undramatic dissolution in which all the elements of our way of life we reckoned were solid and permanent simply melt into air, to borrow Marx’s trenchant phrase.