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Recent Posts
- Battery Energy storage batteries (BESS) too complex to ever be commercial
- New war and energy alliances over next resource wars
- Book review of “Siege: Trump Under fire”
- Why do people vote for Trump?
- Book review of “Pandemic Politics: The Deadly Toll of Partisanship in the Age of COVID”
- The evolution of the Republican party from 1960 to 2024: from moderate democracy to extreme authoritarianism
- Why some people are conservative and others liberal
- Book review: Bring the War Home: The white power movement & paramilitary America
- Book review: How Democracies Die
- Book Review “Conservatives without Conscience” by John Dean
- Book review of “The Power Worshippers. Inside the dangerous rise of religious nationalism”
- Fox news estranges millions of families and instills hate and fear in its cult members
- Book review of “Deer Hunting with Jesus” Best book on why people vote for Trump
- Population growth creates climate crisis, says environmental scientist
- Book review of “Democracy in Chains”, the history of how extremist Republicans stealthily stole our Democracy
Category Archives: Corruption & Finance
Gail Tverberg: How this collapse differs from past collapses
Converging Energy Crises – And How our Current Situation Differs from the Past May 29, 2014 by Gail Tverberg At the Age of Limits Conference, I gave a talk called Converging Crises (PDF), talking about the crises facing us as we reach energy … Continue reading
Posted in Crash Coming Soon, Gail Tverberg
Tagged fast collapse, Gail Tverberg, peak oil
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Energy price increases and the 2008 financial crash: a practice run for what’s to come?
Hall, C.A.S., Groat, A. 2010. Losing Faith in Economics. Energy price increases and the 2008 financial crash: a practice run for what’s to come? The Corporate Examiner. 37: No. 4-5: 19-26. The summer of 2008 saw the third year in … Continue reading
Posted in Charles A. S. Hall, Crash Coming Soon
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Global Bond Frenzy Raises Concerns
Global Bond Frenzy Raises Concerns By LANDON THOMAS Jr. FEB. 19, 2014 New York Times. Prospecting for oil in Brazil, manufacturing steel in Russia, erecting skyscrapers in China: Global bond investors have financed some of the grandest investment projects taken … Continue reading
Posted in Bond Market
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Student loan crisis widens gap between rich and the rest
Student loan crisis widens gap between rich and the rest. Bill Zimmerman. February 21, 2014. San Francisco Chronicle. Growing concern about wealth and income inequality overlooks a principal cause: the student loan crisis, which is much deeper than the $1.1 … Continue reading
Posted in Debt
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Financial system brought down by next oil shock
Erik Townsend. 6 January 2013. Why Peak Oil Threatens the International Monetary System. ASPO-USA The U.S. Treasury bond market will most likely crash, and borrowing costs will skyrocket. Those increased borrowing costs will further exacerbate the fiscal deficit. Can you … Continue reading
Posted in Bond Market, Crash Coming Soon
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Why Banks and Wall St will go broke if interest rates ever go up
Dumb Money Day 1 by Charles Marohn, Strong Towns Jun 10, 2013 This week I want to write about one very technical finance subject and the implications for the housing market and, by extension, for cities and the great reset … Continue reading
Posted in Banking, Crash Coming Soon, Interest Rates, Ponzi Schemes
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Chinese Economy Hits the Wall
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
Posted in Crash Coming Soon
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How Companies Plunder and Profit From the Nest Eggs of American Work
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
Posted in Ponzi Schemes
Tagged Ponzi scheme
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Bill Black on why there aren’t any prosecutions for financial fraud
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
Posted in No Jail for Bankers & Wall St execs
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Inflation: defining and identifying it
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
Posted in Crash Coming Soon, Inflation or Deflation, Money
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