Healthcare/sickcare will bankrupt the nation by itself.If you want to understand why the U.S. healthcare system is bankrupt, financially, morally and politically, then start with this representative anecdote from a U.S. physician. I received this …
Fortunately for Bulls, none of this matters.A relatively reliable measure of complacency/euphoria in the stock market just hit levels last seen in late January, just before stocks reversed in a massive meltdown, surprising all the complacent/eupho…
China is creating Kafka’s nightmare world as the perfection of centralized control of its citizenry.China is rapidly building out a Total Surveillance State on a scale that far surpasses any government surveillance program in the West. The scope o…
The status quo, in all its various forms, is dominated by incentives that strengthen the centralization of wealth and power.As longtime readers know, my work aims to 1) explain why the status quo — the socio-economic-political system we inhabit -…
Anyone claiming they are impervious to this sort of analysis and delivery of “content” is deluding themselves.Maybe you’ve seen a notice like this when you log into your Facebook account:did you read it carefully? Please read the one I received:Protect…
It’s self-evident that we cannot possibly understand trade, soaring corporate profits, Facebook’s data collection or the economy without understanding the core role played by Big Data in reaping outsized profits and pushing narratives.Let’s connect the…
The migration is only beginning, but that’s only half the story.You know it’s serious when the newspaper of record finally reports it: A $76,000 Monthly Pension: Why States and Cities Are Short on Cash (New York Times).It’s a long a…
The monetary distortions, imbalances and perverse incentives are finally bearing fruit: trade wars.What ignites trade wars? The oft-cited sources include unfair trade practices and big trade deficits. But since these have been in place for decades…
Though the Powers That Be will attempt to placate or suppress the Revolt of the Powerless, the genies of political disunity and social disorder cannot be put back in the bottle.The saying “the worm has turned” refers to the moment when the do…
Trade in which mobile capital is the comparative advantage is a system of Neocolonial exploitation of developing-world nations.Were trade wars inevitable? The answer is yes, due to the imbalances and distortions generated by financialization and centra…