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.

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 | Comments Off on Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt

How Money is Created: 3 articles

Also see: Money as Debt (45 minute video) Can Banks Create Money out of Nothing? – Richard Werner Money Creation in the Modern Economy –Bank of England David Graeber. March 18, 2014. The Truth Is Out: Money Is Just An IOU, … Continue reading

Posted in Money | Tagged , | Comments Off on How Money is Created: 3 articles

Are Brokerage Accounts Safe?

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

Posted in FDIC & SIPC Insolvent | Comments Off on Are Brokerage Accounts Safe?

The case for Gold

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

Posted in Gold & Silver | Comments Off on The case for Gold

Jeff Rubin: Oil and the End of Globalization

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

Posted in Energy Markets | Comments Off on Jeff Rubin: Oil and the End of Globalization

Ellen Brown’s Web of Debt blog

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

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

Posted in Inflation or Deflation | Comments Off on A Flaw in the Hyperinflationary Argument

Why Deflation is Inevitable

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

Posted in Inflation or Deflation | Comments Off on Why Deflation is Inevitable

Unemployment

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

Posted in Poverty | Comments Off on Unemployment

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

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

Posted in Gold & Silver, Inflation or Deflation, Money | Comments Off on Economics 101: Liquidity is a Loan, Why prices can go UP in a Deflation, do not buy Gold, and Much More