Category Archives: Economic Instability

Capitalism is a credit/debit system of borrowing money and pay it all back, plus interest. As energy declines, people will realize that loans can’t be paid back, that the principal is at risk. Stock markets worldwide will crash once Peak Oil (everything) is acknowledged, and social chaos won’t be long after that. On a separate but related track, the corruption and greed of the financial system is on course for crashing it all irregardless of energy.

Are Brokerage Accounts Safe?

Posted on April 22, 2014 by

James Stewart. December 9, 2011 A Risk Once Unthinkable. New York Times. Are customer accounts at brokerage firms safe? SIPC will replace up to $500,000 of securities and cash (but not futures contracts) missing from customer accounts at member firms. … Continue reading →

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The case for Gold

Posted on April 21, 2014 by

Gold, Infinite Debt, and the Problem of Capital Storage: Has The Hotelling Moment Arrived? March 9, 2011 Gregor Macdonald One of the reasons that gold retains its competitiveness as a capital-storage unit is the rather slow and plodding rate at … Continue reading →

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Jeff Rubin: Oil and the End of Globalization

Posted on April 14, 2014 by

Jeff Rubin: Oil and the End of Globalization Nov 8, 2010. ASPO-USA Much of the article has been snipped below: It is easy to see how sub-prime mortgages blew up Wall Street; it is a little more challenging to see … Continue reading →

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Ellen Brown’s Web of Debt blog

Posted on April 14, 2014 by

Brown’s Web of Debt blog and books are well researched and worthwhile reading, but she isn’t aware of the energy and resource crises, so her work isn’t fully informed.  But still, you can see that even without those larger issues, … Continue reading →

Posted in Banking, Inflation or Deflation | Comments Off on Ellen Brown’s Web of Debt blog

A Flaw in the Hyperinflationary Argument

Posted on April 12, 2014 by

Dec 13, 2009 A Flaw in the Hyperinflationary Argument  intothegreyzone.com People assuming hyperinflation are assuming that the cash injected into the system will be spread equally or nearly equally, resulting in competitive bidding with more dollars for the current pool … Continue reading →

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Why Deflation is Inevitable

Posted on April 12, 2014 by

Perhaps someday inflation, but not until the 1.2 quadrillion of outstanding debt are resolved first. To understand deflation, you need to understand what money really is and how it’s created. And you also need to read the other articles in … Continue reading →

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Unemployment

Posted on April 5, 2014 by

The Eternal Depression Oct 2009. Bill Bonner. DailyReckoning. Yesterday, we were calculating how long it would take to get the jobless number back down to ’90s levels…that is, around 5%. There are now about 131 million jobs in the United … Continue reading →

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Economics 101: Liquidity is a Loan, Why prices can go UP in a Deflation, do not buy Gold, and Much More

Posted on March 29, 2014 by

December 29, 2007. Karl Denninger. The Year In Review And a Look Ahead for 2008. market-ticker [I’ve snipped out a lot of this article, which is no longer available on the internet.  It was very prescient, and even though some … Continue reading →

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Why Deleveraging is so painful

Posted on March 29, 2014 by

Why a recovery is at least 7 years away: Economy Falling Years Behind Full Speed 6 Apr 2009. Louis Uchitelle. New York Times. As the recession grinds on, more and more of the nation’s means of production — its workers, … Continue reading →

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Mercury pollution

Posted on March 25, 2014 by

August 9, 2014. Missing mercury pollution is enough for mass poisoning. NewScientist. New data suggests that we still don’t know where our emissions of toxic mercury end up. Somewhere out there are tens of thousands of tons of missing mercury. … Continue reading →

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