by Dmitry Orlov Club Orlov (December 18 2012) Regular readers of this blog must have noticed by now that for the past few weeks we have been off on a bit of a tangent from the usual fare of collapse-related social and economic commentary. There are several reasons for this. One is that I have … Continue reading Regularly Scheduled Programming
by Michael The Economic Collapse (December 24 2012) Will this be the last normal holiday season that Americans ever experience? To many Americans, such a notion would be absolutely inconceivable. After all, in the affluent areas of the country restaurants and malls are absolutely packed. Beautiful holiday decorations are seemingly everywhere this time of the … Continue reading Say Goodbye to the Good Life
by Anthony Gucciardi Natural Society (December 27 2012) While you were likely resting or enjoying time with friends and family over the Christmas break, the United States Food and Drug Administration was hard at work ramming through genetically modified salmon towards the final acceptance process. Despite the frankenfish actually being blocked by Congress last year … Continue reading FDA Quietly Pushes Through Genetically Modified Salmon Over Christmas Break
by John Michael Greer The Archdruid Report (December 26 2012) Last Friday was, as I'm sure most of my readers noticed, an ordinary day. Here in the north central Appalachians, it was chilly but not unseasonably so, with high gray clouds overhead and a lively wind setting the dead leaves aswirl; wrens and sparrows hopped … Continue reading The Beginning of the World
It's the Descent into Lawlessness by George Washingon WashingtonsBlog (December 22 2012) It's Not a Tax or Spending Problem ... It's a Devolution Into Lawlessness The "fiscal cliff" is a myth. Instead, what we are facing is a descent into lawlessness. Wikipedia notes: In many situations, austerity programs are imposed on countries that were previously … Continue reading It’s Not a “Fiscal Cliff” …
by Simon Johnson bloomberg.com (December 23 2012) "A modest man", Winston Churchill supposedly quipped about Clement Attlee, his successor as prime minister, "but then he has so much to be modest about". We should say the same about economists, particularly their ability to forecast anything in a useful and timely manner. Those predicting an imminent … Continue reading Will 2013 Mark the Beginning of American Decline?
The Derivatives Tsunami and the Dollar Bubble by Paul Craig Roberts Institute for Political Economy (December 17 2012) The "fiscal cliff" is another hoax designed to shift the attention of policymakers, the media, and the attentive public, if any, from huge problems to small ones. The fiscal cliff is automatic spending cuts and tax increases … Continue reading The Fiscal Cliff is a Diversion