Issuing debt and printing money do not create wealth. All they can create is a temporary illusion of wealth.
I could have written “if all the money vanishes,” but that would be misleading, for all unbacked money will most certainly vanish into thi…
Issuing debt and printing money do not create wealth. All they can create is a temporary illusion of wealth.
I could have written “if all the money vanishes,” but that would be misleading, for all unbacked money will most certainly vanish into thi…
Peak Oil and Peak Credit do not exist in a vacuum; they’re why we have Peak GDP, Peak Dow and Peak Income.
You don’t get Peak Oil and cheap abundance in everything else: you get Peak X, Y and Z, for example Peak Oil, Peak Dow and Peak GDP. Peaks …
Peak Housing reflects not just a credit bubble but Peak Fraud and Peak Suburbia.
Once again pundits are claiming that housing is “finally recovering.” But they’re overlooking three peaks: Peak Housing, Peak Financial Fraud, and Peak Suburbia, all…
There are no apolitical “personal choice” acts; there are only profoundly political acts of resistance or complicity.
I don’t how the future will unfold, not just because I’m an idiot but because it’s unknowable. Though we cannot know the …
Crony Capitalism flourishes in an economy dominated and controlled by a Central State.
Crony capitalism arises when an expansive Central State dominates the economy.The Central State can then protect crony-capitalist perquisites, cartels, quasi-mo…
Intersecting global crises cannot be papered over with artifice and propaganda for long.
We all know the Status Quo’s response to the global financial meltdown of 2008 has been a travesty of a mockery of a sham–smoke and mirrors, flimsy facades o…
Derealization leads to chronic stress, which then disrupts our ability to make rational decisions and follow plans.
We have all experienced the disorientation and “brain freeze” that stress triggers. It seems these symptoms of stress have become…
This Congress and President Obama have shredded the Bill of Rights. We have one last chance to restore the Founding Fathers’ bastion against a rogue Central State: the Bill of Rights.
“Everything that Richard Nixon did to me, for which he faced imp…
Today we present Part 2 of “Money From Nothing” by Zeus Y.
Only in a debt-based money system could debt be curiously cast as an asset.We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteer…
Beautifully maintained trophy cars are being dumped for cash. What does that say about the “real” economy?
Everybody has their own “on the ground” recession indicators: the mall parking lot, the tony restaurant that used to be packed every we…