Tag «Dow Jones Industrial Average»

Limits to growth

We’re due for a massive correction with respect to our hallucinatory economy and our bloated population. Because we’ve run out of inexpensive energy, we’ve reached the end of economic growth. We might be at the end of global population growth, too. If not today or tomorrow, the day is fast upon us. Within a few years, the global human population will shrink by eighty percent or so. When it does, the alleviation of oppression will be profound, with respect to the rest of the world.

Marauding hordes require organization

Will we transform immediately and totally into ill-behaved rats, clustered in a cage without food? Perhaps, at least in the cages known as cities, particularly when the food runs out, along with the water. But people in the “tribes” known as neighborhoods and communities will try to get along, at least for a while, at least while we’re all suffering more-or-less equally. Small communities will be particularly well-suited for the hard times ahead. The neighborhoods of suburbia, on the other hand, are particularly poorly suited for neighborly behavior of the Mr. Rogers kind. Indeed, sprawling American suburbs seem to have been designed specifically for anonymity and therefore uncaring, unfriendly neighbors.

Do the media get it, or not?

It seems neither the Fed nor the Treasury Department cannot stop sunshine with an umbrella, much less interrupt the relentless tsunami of dire economic news.