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Recent Posts
- “More and More and More” one of the best books on energy ever written
- The staggering destruction of knowledge by Christians in the Roman Empire
- The staggering cost of Net Zero in Britain
- Why the R/P Reserves to Production ratio does not show when oil will run out
- Catton on Collapse “Bottleneck: Humanity’s Impending Impasse”
- Book Review of Grain Brain: Extraordinary claim not backed up by evidence
- Why did everyone stop talking about Population & Immigration?
- What would happen if trucks stopped running?
- How to survive a nuclear winter
- The insect apocalypse will kill billions more people than climate change
- The war on drugs. A book review of “Chasing the scream”
- Peak crude oil did not happen in 2018. But we are running out of time
- Sheriffs have too much power
- Book review “They poisoned the world: Life & death in the age of Forever Chemicals”
- John Howe on one child per woman: still too high to stay under limits to growth curves
Category Archives: 2) Overshoot
How you’re tricked into thinking there is an economic recovery
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
Posted in Crash Coming Soon, Debt
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Predictions on how a crash will unfold
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
Posted in Crash Coming Soon
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Martin Weiss on how a crash unfolds and how to protect yourself
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
Posted in Bond Market, Crash Coming Soon, Sovereign Default
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Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt
Just about everyone I know believes in the permanence of the Dollar, the Eternal Supremacy of the United States, and the propaganda to constantly grow their money by taking risks. So they dutifully feed hard-earned wages into the voracious slot … Continue reading
Posted in Crash Coming Soon, Debt, Money, No Reforms, Ponzi Schemes
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Will the government seize your IRA after the next financial crash?
Federal government may seize part of your IRA passportira.com [I don’t think this is likely, but then again, when you look at the influence of money on politics, the corruption across all financial sectors, the largest bubble in human history … Continue reading
Posted in Sovereign Default
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How will the violence play out in the USA?
There will surely be violence as America’s population descends from 400 million to 100 million or less as energy production declines. Leaders will emerge who blame some particular group for our suffering. So far it’s been those terrorist Middle Easterners … Continue reading
Posted in Violence, Who is to Blame?
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Why the USA can’t inflate its way out of debt.
Mar 11, 2010. Why the U.S. can’t inflate its way out of debt. Financial Times. It’s dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process. So if lawmakers can’t agree on … Continue reading
Posted in Debt
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Banks still gambling on illegal Collateralized Loan Obligations (CLO)
Banks Cling to Bundles Holding Risk APRIL 19, 2014 GRETCHEN MORGENSON New York Times Some $431 billion worth of C.L.O.s currently exist. The Volcker Rule doesn’t go into effect until 2015, but that hasn’t stopped big bankers and their supporters … Continue reading
Posted in Banking
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Fannie & Freddie started the mortgage crisis
Reckless Endangerment. How outsized ambition, greed, and corruption led to Economic Armageddon 2011 by Gretchen Morgenson and Joshua Rosner This book makes the case that Fannie & Freddie started the mortgage crisis and then Wall Street got in on the … Continue reading
Posted in Mortgages
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A book review of “Russia’s Food Policies and Globalization”
Preface. Today Russia exports a substantial percent of wheat, and now that oil prices are surging is in much better shape than after the Fall of the Soviet Union in 1991. But with peak oil likely in 2018, and money … Continue reading
Posted in Agriculture, Oil shock collapse
Tagged collapse, peak food, Russia
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