Notes from the Locked Ward

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The remaining Americans sound-of-mind must view the primary election spectacle with mounting sensations of wonder, nausea, and panic. It’s one thing for the financial system to crack up, and another thing …

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February 2016

Evolution+Tower

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Evolution+Tower

Behold the Evolution Tower in Moscow, the clever DNA-themed behemoth joining the other bowling trophies in the Russian Capital’s jazzed-up Trade Center district skyline. It will be interesting to see how …

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Ground Control to Captain Zhou Xiaochuan

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Why would anybody suppose that the Peoples Bank of China might want to tell the truth about anything that was within their power to lie about? Especially the soundness of any …

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The Agonies of Sensible People

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Much as many people-who-ought-to-know-better have been enjoying the disruptive antics of Donald Trump, surely other cohorts and coteries have endured dark nights of the soul as they witness the 2016 election …

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Worse Than 1860

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The lost story-line amid the food-fights and boasting contests that the “debates” have turned into is the destruction being wreaked on the two major parties themselves. I don’t see how either …

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Discovery

It looks like 2016 will be the year that humanfolk learn that the stuff they value was not worth as much as they thought it was. It will be a harrowing process because a great many humans are abandoning ownership …

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January 2016

Eyesore Jan 2

Eyesore Jan 2

Behold, the renovated exterior of the Peterson Automotive Museum under construction in Los Angeles. We build these horrifying objects because we can. They are enabled by computer aided design (CAD) and the computer aided fabrication of modular construction materials. Sounds …

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Pretend to the Bitter End

Forecast 2016

There’s really one supreme element of this story that you must keep in view at all times: a society (i.e. an economy + a polity = a political economy) based on debt that will never be paid back …

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Questions and Answers

The really big item in last night’s 60-Minutes newsbreak was that the latest Star Wars movie passed the billion dollar profit gate a week after release. That says just about everything you need to know about our floundering society, including …

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Christmas Present

Theory du jour: the new Star Wars movie is sucking in whatever meager disposable lucre remains among the economically-flayed mid-to-lower orders of America. In fact, I propose a new index showing an inverse relationship between Star Wars box office receipts …

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Fedpocalypse Now?

“Here’s another fine mess you’ve gotten me into….”
— Oliver Hardy

If ever such a thing was, the stage is set this Monday and Tuesday for a rush to the exits in financial markets as the world prepares for the …

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KunstlerCast 273 — Chatting with Chuck Marohn of StrongTowns.org

 

The Christmas Breakfast 2015, Hubbard Hall, Cambridge, New YorkHubHall

Charles Marohn is the Founder and President of Strong Towns, a non-profit advocacy organization focused on the financial predicament local governments find themselves in as a result of …

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Shining a Light

The just-released movie Spotlight is about a Boston Globe investigative reporting team circa 2001-02 that uncovered and documented a vast network of child sex abuse by priests in the Catholic Church that had been on-going for decades. More to the …

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December 2015

Damien Hurst 1

Damien Hurst 1

Behold the proposed new headquarters for “artist” Damien Hirst’s new one-man gallery (i.e. Museum gift shop)  in Lambeth, south London, just west of Waterloo station. As with so many contemporary Gotcha buildings, it seems as though we’ve seen this one …

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The Story Line Dissolves

Sometimes societies just go crazy. Japan, 1931, Germany, 1933. China, 1966. Spain 1483, France, 1793, Russia, 1917, Cambodia, 1975, Iran, 1979, Rwanda, 1994, Congo, 1996, to name some. By “crazy” I mean a time when anything goes, especially mass killing. …

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Boundary Problems

It’s no accident that Donald Trump’s vaunted wall along the US-Mexico border became such a potent metaphor for a floundering American polity. The US has boundary problems — and not just with illegal immigrants (whoops, undocumented visitors). A mighty flux …

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KunstlerCast 272 — A Conversation with Chris Martenson and Adam Taggart


Chatting with Chris Martenson and Adam Taggart, authors of Prosper!: How to Prepare for the Future and Create a World Worth Inheriting. Both Chris and Adam were corporate executives who dropped out to pursue more a resilient way of …

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There Are No Safe Spaces

I’m not persuaded that world opinion will ever “make sense” of the Paris attacks. The non-linear rules the day. So-called Fourth Generation Warfare works because there are so many small arms loose in the world and any band of maniacs …

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The Leviathan

The economic picture manufactured by the national consensus trance has never been more out of touch with reality in my lifetime. And so the questions as to what anyone might do can hardly be addressed. How can I protect my …

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November 2015

Sydney 1

Sydney 1

Behold the stylish new Dr Chau Chak Wing Building at the University of Technology Sydney (Australia) by starchitect Frank Gehry. Every college has to have its Gehry. This one appears to be a stack of old-fashioned brown paper grocery bags, …

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KunstlerCast 271 – A Conversation with Gail Tverberg of OurFiniteWorld.com


A conversation with Gail Tverberg of OurFiniteWorld.com. Gail Tverberg is an analyst who has been researching the connection between oil limits and the economy for nearly 10 years.  She writes a widely-followed blog called Our Finite World. Her …

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Good Little Maoists

Sometimes societies just go batshit crazy. For ten years, 1966 to 1976, China slid into the chaotic maw of Mao Zedong’s “cultural revolution.” A youth army called the Red Guard was given license to terrorize authorities all over the nation …

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Something Happened

Ben Bernanke’s memoir is out and the chatter about it inevitably turns to the sickening moments in September 2008 when “the world economy came very close to collapse.” Easy to say, but how many people know what that means? It’s …

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Can’t Anyone Fix This?

The legacy mainstream media has a collective brain like dog’s — it exists in an eternal present, so that whatever’s happening right now is all there is. Thus, Hillary’s performance in the first Democratic debate, being as bad but not …

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Bang, You’re Dead

Apropos of the recent Roseburg, Oregon, school massacre that left nine dead, President Obama said, “we’re going to have to come together and stop these things from happening.” That’s an understandable sentiment, and the president has to say something, after …

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