Tag Archive | "war"
A review before the exam
Actually, this review is too late for the many people who have already endured economic collapse. As any of those folks can tell the rest of us, we do not want to receive the lesson after the exam. I’ve written all this before, but I have not recently provided a concise summary. This essay provides [...]
Continue reading...Greatest hits
Wednesday, August 11, 2010
Three years and 185 essays into the blogosphere, I’ve decided it’s time for a “greatest hits” essay. The best part, for you: It’s only a line or two per essay, and I’ve selected from only a dozen essays. The best part, for me: I get to pick ‘em. They’re in chronological order. Feel free to [...]
Continue reading...We didn’t start the fire
Tuesday, June 1, 2010
Actually, to counter singer/songwriter Billy Joel, we did start this FIRE. Not you and me, of course, but our culture. The U.S. industrial economy is all about Finance, Insurance, and Real Estate. The FIRE is about to run its course, extinguished by the absence of fuel in each of those interconnected sectors. The financial sector [...]
Continue reading...Surveying the field and charting a course
Friday, April 16, 2010
It’s all the rage to talk about a double-dip in the industrial economy. That would be an economic trend in the shape of a W. I think an M is far more likely. The assumption of never-ending growth underlies all neoclassical economic assessments, but I think that assumption is about to break up on the [...]
Continue reading...Prescription for (Killing) the Planet
Monday, February 22, 2010
Prescription for the Planet was written by Tom Blees and published in 2008. It was recommended to me, with a strong sense of urgency, by a couple friends. It is written in a very compelling style, which is too bad because it suckers people into the kind of wishing thinking for which we’ve become infamous [...]
Continue reading...Viral collapse
Sunday, February 14, 2010
According to economists, the beauty of globalization is worldwide access to materials and cheap (or free) labor to bring the materials to powerful countries. We provide garbage, pollution, and low wages — or, in the “best” cases we enslave workers — and we obtain materials and finished goods. This is the rising economic tide that [...]
Continue reading...Where do we go from here?
Thursday, January 28, 2010
Some doors are closed. We will no longer observe long-term growth of the industrial economy. In fact, any growth reported by the government or media is suspect at this point, and probably a result of the age-old fudging-the-numbers trick. We have entered the age of contraction. The days of access to the inexpensive fossil fuels [...]
Continue reading...Channeling Berra about Barack: “If you can’t imitate him, don’t copy him”
Wednesday, January 6, 2010
Lately I’ve been thinking about the relevance of Yogi Berra in the age of Obama. The all-star baseball catcher is best known as the master of the malapropism, and many quotes attributed to him seem especially timely in the age of Obama. I guess that’s one of the attributes of timeless quotes — they seem [...]
Continue reading...The recession is dead … long live the recession!
Thursday, October 29, 2009
The world's first peak-oil recession has come to a close, according to third-quarter numbers invented by the federal government. Apparently flooding big banks, insurance companies, and automobile manufacturers with fiat currency interrupted the plummeting descent of American Empire. The stock markets skyrocketed expectedly. Predictably, so did the commodities markets.
Continue reading...Economic dominoes continue to fall
Tuesday, October 27, 2009
The property of rich folks has always been more important than the lives of the poor, a fact that will continue to create misery for the "other" 99% of us until the entire industrial economy fails. Personally, I can hardly wait.
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Monday, August 16, 2010
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