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News


Capitalism as We Know it: Progress Defined (10/24/15 18:07)

A short treatise on dysfunctional abstraction by the ever sharp John Michael Greer.


Internet: The Next Failure (10/24/15 17:58)

The social media space is beginning to make one wonder if they’re looking at an iron ore chart, or bulk shipper, rather than “the hottest space it all tech.” i.e., everything social. And it’s just the beginning.


Econ101: Bubbles Always Burst .. (10/24/15 17:55)

.. because they are financed with debt, which expands like a chain letter for the economy as a whole.


Global Crisis: Tick Tock (09/27/15 18:28)

The number of red lights now blinking at us, largely ignored by those who are supposed to be flying this thing, is growing all the time. It is not that any one of them is a clear harbinger of the end but taken together they paint a dismal and coherent picture – of a system eating itself.


History Reclaimed: The Man Who Saved the World (09/27/15 18:22)

You may have never heard of Vasili Arkhipov. And yet life as we know it on this planet could have ended if it were not for his crucial intervention during the Cuban Missile Crisis.


Precious Metals: All the Gold in the World (09/27/15 18:18)

It’s hard to believe that such a small amount of gold could be worth so much. Luckily, the folks at Demonocracy.info have done the heavy lifting for us, putting together a series of 3D visualizations of gold bullion bars showcasing the world’s gold that has been mined thus far.


USA: Definition of "Deep State" (09/27/15 18:14)

Banks are bailed out and corporate interests are protected by law. Huge multi-year defense contracts are approved. Citizens are assassinated by drones, the public is routinely surveilled, people are imprisoned without being charged, military action against “rogue” regimes is authorized, and whistleblowers are punished with prison. The war crimes committed by US troops and contractors on far-flung battlefields, as well as torture and rendition, are rarely investigated and punishment of any kind is rare. America, the warlike predatory capitalist, might be considered a virtual definition of deep state.


USA: Obama's Recovery (09/27/15 18:11)

Mission accomplished ...


Currencies: An Election That Matters (09/16/15 09:30)

It is in Warsaw not Athens that the march of the Euro will be halted.


History Reclaimed: The Financial Revolution (09/16/15 09:24)

The industrial revolution made the modern world. Before it took off in the late eighteenth century, most people in Europe and elsewhere lived sustainably on renewable resources in traditional societies. The gap between then and now is enormous. The question is: How did we get from there to here?


USA: Deadly Billionaires (09/16/15 09:20)

Teddy Roosevelt famously argued that, when it comes to foreign policy, one should “Speak softly, and carry a big stick.” Similarly, an apt summation of the political inclinations of billionaires might be, “Speak softly, and carry a big check.”


Capitalism as We Know it: Failure of Laissez Faire (09/16/15 09:19)

The great problem with corporate capitalism is that publicly owned companies have short time horizons. Unlike a privately owned business, the top executives of a publicly owned corporation generally come to their positions late in life. Consequently, they have a few years in which to make their fortune.


USA: Alaska's Free Money (09/07/15 11:46)

Every year, the state of Alaska hands each of its citizens hundreds to thousands of dollars, no strings attached. The only requirement for receiving the cash is that a person has a) held residence in Alaska for more than one year and is b) alive.


Varia: The Value of "Experts" (09/07/15 11:43)

Presented without comment.


Global Crisis: Going Medieval (09/07/15 11:40)

The cornucopians and techno-narcissists would like to think that we are transitioning into an even more lavish era of techno-wonderama. I don’t think so. Rather, we’re going medieval, and we’re doing it the hard way.  James Howard Kunstler


Econ101: Fatal Flaws (09/07/15 11:38)

China is no longer able to help keep the Western capitalist patients alive, partly because it is now also a victim.


Germany: A "Non-Entity" (09/02/15 07:04)

"Without Germany as Washington’s two-bit punk puppet state, a non-entity devoid of sovereignty, a non-country, a mere vassal, an outpost of the Empire, ruled from Washington, America could not be conducting the illegal wars that are producing the hordes of refugees that are over-taxing Europe’s ability to accept refugees and encouraging neo-nazi parties."  Paul Craig Reports, former US Asst Secretary


Global Trade: Worst Decline (09/02/15 07:01)

The first half of 2015 has seen the worst decline in world trade since the 2009 crisis.


Automotive: Panic Buttons (09/02/15 06:59)

US Automakers just unleashed a massive production surge to keep the dream alive.


Privacy: The UK (09/02/15 06:57)

"If you look at CCTV alone, at least Winston was able to go out in the countryside and go under a tree and expect there wouldn’t be any screen, as it was called. Whereas today there are many parts of the English countryside where there are more cameras than George Orwell could ever have imagined. So the situation in some cases is far worse already." Joseph Cannataci, UN Privacy chief; on Orwells "1984"


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