Systemic corruption on this vast scale optimizes failure and collapse. Debating which nations will “win” as the global economy unravels is a popular but pointless parlor game. Since the status quo in every nation is deeply, profoundly, systemically corrupt, there won’t be any “winners,” there will only be losers. Apologists love to say that corruption […]
Biden’s top and only priority is to shore up a failing U.S. policy of aggression toward Russia, China and Iran. In a desperate attempt to align Middle Eastern states against Russia, China and Iran, President Joe Biden this week demonstrated with a tour de force – more accurately “tour de farce” – the humongous scale […]
Genocide walrus John Bolton outright admitted to planning foreign coups with the US government in conversation with CNN’s Jake Tapper on Wednesday. That’s coups, plural. While arguing that the Capitol riot on January 6th of last year was not an attempted coup but rather just Trump stumbling around trying to look after his own interests, Bolton hastened […]
How much gold will you trade for a few eggs? It depends on how hungry you are. Two ideas will help us understand the rest of this tumultuous decade: core-periphery and the revaluation of what’s truly important: systemic adaptability, transparency, accountability, risk, capital and resources. I recently discussed the core-periphery model in a blog post, […]
A policy of healing rather than warfighting has never been seriously considered, articulated, or deployed in any manner by this country. By Brad WOLF Today I spoke with the foreign policy aide of a United States Senator in a scheduled lobbying call for our antiwar organization. Rather than use the standard lobbying points about wasteful Pentagon […]
Greed is good until all the vulnerabilities and fragilities of systemic risk asymmetries manifest. When you put too many eggs in one basket, you create systemic fragility: if anything knocks that basket over, the loss is so overweighted that the entire system unravels. Why do we put too many eggs in one basket? because it’s […]
Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles. The financial punditry is whipping itself into a frenzy about a Federal Reserve “policy error,” which is code for “if the music finally stops, we’re doomed!” In other words, any policy which reduces the flow of juice sluicing through the […]
It’s getting hard to fill toxic low-pay jobs, and that’s not going to change. The nature of work and the labor market are changing in ways few discern or perhaps are willing to discern because these changes are disrupting the exploitive system they want to remain unchanged. But refusing to discern change doesn’t stop change. […]
Is it beyond conception that the core actually strengthens for a length of time before the unraveling reaches it? Let’s start by stipulating the obvious: no one knows the future, and most of the guesses–oops, I mean forecasts–will be wrong. Arguing about the forecasts now won’t make any difference as to which ones are correct […]
Although the Bastille and Versailles are safe for now, NATO tyrants and their flunkeys are once again becoming fair game. The spirit of La Marseillaise, that greatest of all national anthems, is again infusing citizens in countries as diverse as Ukraine, Canada, England, Sri Lanka and the Netherlands, where the banners for liberté, liberté chérie […]
