What the Global Status Quo Optimizes

Protecting Elites and the Clerisy Class That Serves Them by Charles Hugh Smith Of Two Minds (September 25 2014) The incestuous embrace of privilege and power by entrenched, socially isolated Elites characterizes failed states and brittle, doomed regimes throughout history. Every system is optimized to serve a specific purpose. As noted in my recent essay … Continue reading What the Global Status Quo Optimizes

There are things worse than slow growth

It's not too soon to worry about the US economy by Editor Fabius Maximus (September 18 2014) Summary: Here's another status report on the US economy. Most economists expect faster growth. Perhaps so, but there are dark spots in the picture. Concerns about unsustainable auto sales, weakening exports, and (the big one) the mini-housing boom … Continue reading There are things worse than slow growth