Category Archives: Society

Energy and resources limits what humans can do. So do their own systems. Financial systems fail, corruption, wars, religion, politics and more all play a role in how successful societies are and how wealthy their citizens are. As the distribution of wealth grows more unfair, the population is so immiserated at some point that collapse and a new society emerge

Chinese Economy Hits the Wall

Posted on May 2, 2014 by

June 10, 2012 The Macroeconomics of Chinese kleptocracy by John at Bronte Capital China is a kleptocracy of a scale never seen before in human history. This post aims to explain how  this wave of theft is financed, what makes … Continue reading →

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Homer-Dixon Key findings on resources and war / violence

Posted on May 2, 2014 by

The Project on Environmental Scarcities, State Capacity, and Civil Violence Key Findings Abot 50 experts from 5 countries, developed a detailed set of conceptual tools for thinking about environmental scarcity and state capacity. Environmental scarcity has 3 sources: reduced resource … Continue reading →

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Cash is King in a deflation — but there are dangers

Posted on May 1, 2014 by

Risk 1: Capital controls Restrictions on bank withdrawals (no ATM withdrawals, no bill payments, etc) Restrictions on money market fund redemptions Greater restrictions on retirement fund liquidations Fixing an official exchange rate and criminalizing market rate transactions Banning the conversion … Continue reading →

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How Companies Plunder and Profit From the Nest Eggs of American Work

Posted on May 1, 2014 by

Retirement Heist: How Companies Plunder and Profit From the Nest Eggs of American Workers By Ellen E. Schultz    Portfolio/Penguin 2011 216 pages, in hardcover and paperback August 20, 2012. UE News – Summer 2012 issue We already knew that employers … Continue reading →

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Why Treasury Bills are likely to be safe for at least a few years

Posted on May 1, 2014 by

my comment: SHORT-TERM 4-week or 13-week treasury BILLS that is Apr 19, 2012   Ilargi at the automaticearth.com Mauldin: unproductive government debt is killing us. So we either make some big, tough collective decisions, and make them soon; or we come … Continue reading →

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Bill Black on why there aren’t any prosecutions for financial fraud

Posted on May 1, 2014 by

2011 Will Bring More De facto Decriminalization of Elite Financial Fraud Dec 28, 2010   Bill Black The role of the criminal justice system with regard to financial fraud by elite bankers in 2011 is likely to reprise its role last … Continue reading →

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Inflation: defining and identifying it

Posted on May 1, 2014 by

Ilargy 2011 automatic earth The fact that there’s all that zombie money around (or zombie credit, to be precise) leads many to believe the US witnesses inflation. Not true. Inflation is not the same as rising prices. Prices can rise … Continue reading →

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How you’re tricked into thinking there is an economic recovery

Posted on May 1, 2014 by

Ilargi 2011 theautomaticearth A real recovery would require a surge in real productivity, i.e. outside of the service industry. Where and how have we increased production since the crisis started? Obviously, nowhere. The vast majority of “jobs created” is in … Continue reading →

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Predictions on how a crash will unfold

Posted on May 1, 2014 by

You can read Martin Weiss’ prediction here. Keep in mind that although these predictions were made years ago, and it seems as if some of them were wrong, all that’s happened is that the trillions of dollars given to banks … Continue reading →

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Martin Weiss on how a crash unfolds and how to protect yourself

Posted on May 1, 2014 by

A massive default on debt servicing and obligations by states and localities will trigger a run on the banks. The credit inflation that has been growing over the last two decades will reverse in a nano-second and leave people who … Continue reading →

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