Category Archives: Corruption

Why is Detroit falling apart so fast?

Using Google street view history, www.goobingdetroit.com records the decay of homes in Detroit. Above shows homes September 2009, September 2011, and September 2013 I’ve been fascinated with the decline of Detroit since a guy in my dormitory told me back … Continue reading

Posted in Crash Coming Soon, Infrastructure, Infrastructure, Poverty | Tagged , , , | Leave a comment

HSBC bank report predicts another financial crisis in 2018

[ Bill Hill of the Hill’s group predicted in June 2016 (at a peakoil.com forum): “We expect to have reached permanent depression by the end of 2017. The reduction will not hit all nations the same way. The richer Western … Continue reading

Posted in Crash Coming Soon, Decline | Tagged , | Comments Off on HSBC bank report predicts another financial crisis in 2018

How corporations used conservative religion to gain wealth and power and undo the New Deal

Source: Republican Jesus [ This is a book review of One Nation Under God: How Corporate America Invented Christian America by Kevin Kruse (2016), followed by excerpts from the book.  Much of this introduction is my take on what this … Continue reading

Posted in Corruption, Corruption, Distribution of Wealth | Tagged , , , , , | Comments Off on How corporations used conservative religion to gain wealth and power and undo the New Deal

Nicole Foss: Negative interest rates and the war on cash

Nicole Foss, September 4-8, 2016, theautomaticearth.com Part 1 is here: Negative Interest Rates and the War on Cash (1) Part 2 is here: Negative Interest Rates and the War on Cash (2) Part 3 is here: Negative Interest Rates and … Continue reading

Posted in Bubbles, Capitalism, Negative interest rates, Nicole Foss | Tagged , , , | 4 Comments

Stansberry on “The End of America”

[ Stansberry has been predicting a market crash and currency collapse for a long time.  But this hasn’t happened yet, so Stansberry re-evaluates his ideas. He notes that the top 20 industrialized nations have pension and retiree obligations that aren’t … Continue reading

Posted in Crash Coming Soon | Comments Off on Stansberry on “The End of America”

Corruption and economic instability in the news

[ I can’t keep up with the flood of news about on fraud and economic instability, so below are a few of the stories I don’t have time to write up. But there are hundreds of stories every month, too … Continue reading

Posted in ! About Corruption | Tagged , , , , | 2 Comments

Kurt Cobb on the true definition of corruption

Kurt Cobb. April 10, 2016. Corruption, resources, climate and systemic risk.  resourceinsights.com Corruption is a loaded word. One person’s corruption is another’s sound social policy. Some people believe providing unemployment benefits to laid-off workers corrupts them by making them “lazy.” … Continue reading

Posted in Corruption, Kurt Cobb | Tagged , | Comments Off on Kurt Cobb on the true definition of corruption

When will the corrupt financial system cause another financial collapse?

[ Conventional oil production peaked in 2005-6, so if a financial crash occurs, the net energy cliff will be much steeper on the other side, since new projects won’t get financed, and unconventional oil is very expensive to produce and … Continue reading

Posted in Banking | Tagged , | Comments Off on When will the corrupt financial system cause another financial collapse?

Pensions face bankruptcy in the future

2016-4-10. US faces disastrous $3.4 trillion pension funding hole. Collective deficit of retirement plans is three times larger than official figures. Financial Times. The US public pension system has developed a $3.4 trillion funding hole that will pile pressure on … Continue reading

Posted in Debt, Pensions | Comments Off on Pensions face bankruptcy in the future

Why economic corruption or an oil decline will lead to a financial crash, depression, and permanent energy crisis

This is the introduction to the Corruption category under the Menu item 3) Fast Crash. The posts in this category show that another, much worse crash, is inevitable.  Meanwhile, low oil prices have led to less oil production and discoveries.  … Continue reading

Posted in ! About Corruption | Tagged , , , , | 1 Comment