One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline?

Regardless of what happens with vaccines and Covid-19, debt and energy–inextricably bound as debt funds consumption– will destabilize the global economy in a self-reinforcing feedback. Back in the early days of the oil industry (1880s and 1890s), the product that the industry could sell at a profit was kerosene for […]

New Audiobook, New Song, Renewed Focus

There is no way a status quo that is completely dependent on the permanent expansion of these interlocking extremes, asymmetries and imbalances can unwind them all and retain its myriad parasitic elites. Thanks to my friend and colleague Mark Jeftovic, the audiobook of A Hacker’s Teleology: Sharing the Wealth of […]

Dreaming of a Christmas Without Stuff Nobody Wants or Needs

Freeing ourselves of unwanted/unneeded gift-giving is not just heresy in a debt-funded consumerist economy–it is tantamount to treason. Did you see the new “gotta-have” coffee-pod flavors this Christmas? Crayfish, Spanish Moss, Pumpkin Spicy Radish and Jungle Rot. Yowza, it doesn’t get any better than this…. Future archeologists will marvel not […]

Cycles, Systems and Seats in the Coliseum

The idea that debt, leverage, speculation, greed, exploitation and parasitic elites can expand exponentially forever is magical thinking. Contrary to first impressions, I am not a doom-and-gloomer; I’m a systems-cycles-er,meaning I’m interested in where systems and cycles are heading. Cycles work because we’re still running Wetware 1.0 which entered beta […]

Welcome to the U.S.S.A.’s Banquet of Consequences

The incontestable incompetence of the USSA’s monopolies, institutions and agencies is about to take center stage in 2021. When I mention that the U.S.A. feels increasingly like the U.S.S.R., a surprising number of people tell me they feel the same way. Welcome to the U.S.S.A.: United Simulacra States of America […]

Covid Is Toppling America’s “Points of Failure” Dominoes

Sorry Fed, it’s too late. The dominoes are already toppling, and every point of failure is being exploited by the catalyzing effects of Covid. America’s many points of failure—leverage points where a break brings down the entire system–are falling like dominoes, a process catalyzed by Covid. These systemic points of […]

Covid Is Revealing the Cancerous Underbelly of U.S. Healthcare

If you still believe that America’s Sickcare is “the finest in the world” and is endlessly sustainable, please study these three charts and extend the trendlines. I’ve long been making the distinction between healthcare and sickcare:healthcare is the service provided by frontline operational caregivers (doctors, nurses, aides, technicians, etc.) and […]

About Those Vaccine ID Cards…

An idea that’s simple as an abstraction–vaccine ID cards–turns out to be extremely difficult once real-world operational realities must be dealt with. Authorities around the world have made it clear that they will do “whatever it takes” to vaccinate their citizenry with one of the first available vaccines. Authoritarian states […]

Do You Really Think the Empire Will Sacrifice the Dollar to Further Enrich Billionaires?

As for stock markets–the devil take the hindmost. Let’s keep it simple: US dollar up, stocks down. US dollar down, stocks up. Stocks up, billionaires get richer. Since that spot of bother in March 2020 when the US dollar (USD) soared and stocks cratered, the USD has been in a […]

2021 is Already Optimized for Failure

One sure way to identify a system “optimized for failure” is if all the insiders are absolutely confident the system is “optimized for my success”. I often discuss optimization here because it offers an insightful window into how systems become fragile and break down. When we optimize something, we’re aiming […]

Moral Decay Leads to Collapse

Our national claim of moral superiority is no longer plausible. A very strong case can be made that America is now a moral cesspool. Consider just three cases: Jeffrey Epstein, the CEO of Pfizer and JPMorgan Chase. Sadly, Epstein is the epitome of America’s elite: getting away with abusing children […]

A Dimly Lit Thanksgiving

Our overweening faith and confidence in our wealth and power make this a dimly lit Thanksgiving. A public expression of gratitude by victorious sports stars, lottery winners, etc. is now the convention in America: coaches, teammates, family and mentors (or agents) are recognized as an expression of the winners’ humility […]

Our Frustrations Run Far Deeper Than Covid Lockdowns

The reality is the roulette wheel is rigged and only chumps believe it’s a fair game. It’s easy to lay America’s visible frustrations at the feet of Covid lockdowns or political polarization, but this conveniently ignores the real driver: systemic unfairness. The status quo has been increasingly rigged to benefit […]

Why I’m Hopeful About 2021

What we need is not a return to the corrupt, tottering kleptocracy of 2019, but a re-democratization of capital, agency and money. I’m hopeful about 2021, and no, it’s not because of the vaccines or the end of lockdowns or anything related to Covid. The status quo is cheering the […]

The One Chart That Predicts our Future

That our “leadership” reckons “bread and circuses” is what the stripmined bottom 90% want is beyond pathetic. There’s one chart that predicts our future, and no, it’s not related to Covid–it’s related to capital, specifically the concentration of capital and power in the hands of the few at the expense […]

Vaccines–Too Little, Too Late?

Trust in institutions, authorities and Big Pharma are scraping the bottom of the barrel, and rushing these vaccines into mass use with extremely high expectations of efficacy is setting up the potential for a devastating loss of trust in the vaccines should they fail to live up to the claims […]

U.S. Healthcare Is Unraveling

The confidence that there will always be facilities and professionals to care for us is no longer realistic. I’ve covered the systemic problems of U.S. healthcare for over a decade, and as a result I’ve attracted numerous healthcare professionals as correspondents. I’ve been corresponding with some for almost 15 years, […]

Don’t Blame Covid: The Economy is Imploding from Over-Capacity and Corrupt Cartels

Now that the bubble has burst, the hope is that removing the pin will magically restore the burst bubble. Sorry, it doesn’t work that way. Here’s the fantasy: if we stop the shutdowns, the economy will naturally bounce back to its oh-so wunnerful perfection of Q3 2019. This is a […]

Prepare for Winter

Realism must precede optimism or the optimism will collapse as the tsunami of reality comes ashore. It’s time to prepare materially and psychologically for a winter unlike any other in our lifetimes. Here’s the view from 30,000 feet: 1. The stock market and the general zeitgeist of optimism have soared […]

“The Great Reset” Already Happened

Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize. The global elites’ techno-fantasy of a completely centralized future, The Great Reset, is addressed as a future project. Too bad it already happened in 2008-09. The lackeys and toadies tasked […]