Tag Archives: financial crisis

The Unraveling Quickens

By Charles Hugh Smith Source: Of Two Minds Even if we don’t measure the erosion of intangible capital, the social and political consequences of this impoverishment are manifesting in all sorts of ways. The central thesis of my new book … Continue reading

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The Key to a Sustainable Economy Is 5,000 Years Old

By Ellen Brown Source: Truthdig We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, … Continue reading

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Is the U.S. Becoming a Third World Nation?

By Charles Hugh Smith Source: Of Two Minds This is a chart of an informal kleptocracy which cloaks itself in the faux finery of democracy and a (rigged) “market” economy. Back in the day, nations that didn’t qualify as either … Continue reading

Posted in Corporate Crime, corporate news, Corporate Welfare, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Oligarchy, Social Control, Social Engineering, society, Sociology, Technocracy | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

What globalism did was to transfer the US economy to China

By Paul Craig Roberts Source: Intrepid Report The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, … Continue reading

Posted in culture, Deep State, Economics, Empire, Financial Crisis, Geopolitics, Labor, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, Work | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

There Is No Normal

By James Howard Kunstler Source: Kunstler.com The wheel of time rolls forward, never retracing its path, but because it is a wheel, and we are riding in it, a persistent illusion persuades us that the landscape is recognizably the same, … Continue reading

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The Gulag of the Mind

By Charles Hugh Smith Source: Of Two Minds There are no physical barriers in the Gulag of the Mind–we imprison ourselves, and love our servitude. Indeed, we fear the world outside our internalized gulag, because we’ve absorbed the narrative that the gulag … Continue reading

Posted in conditioning, culture, Economics, Energy, Financial Crisis, History, Inequality, Law, police state, Psy-ops, Psychology, Social Control, Social Engineering, society, Sociology, State Crime, surveillance state, Technocracy, Technology | Tagged , , , , , , , , , , , , , | 2 Comments

Who Protected Epstein for Decades, and Why?

By Charles Hugh Smith Source: Of Two Minds Let’s start by stipulating that the Jeffrey Epstein story is so sordid and outlandish that it’s like a made-for-TV movie about the evil proprietor of a nightmarish enclave of private perversion and … Continue reading

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Our Ruling Elites Have No Idea How Much We Want to See Them All in Prison Jumpsuits

By Charles Hugh Smith Source: Of Two Minds Even the most distracted, fragmented tribe of the peasantry eventually notices that they’re not in the top 1%, or the top 0.1%. Let’s posit that America will confront a Great Crisis in … Continue reading

Posted in Activism, civil disobedience, Corporate Crime, corporate news, Corruption, culture, Deep State, Dirty Politics, divide and conquer, Dystopia, Economics, elites, Empire, Financial Crisis, History, Inequality, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy | Tagged , , , , , , , , , , , , , , | 1 Comment