Crash-O-Matic Finance

Oil prices have dropped $50 a barrel. That may not sound like much. But when you take $107 and you take $57, that’s almost a 47 percent decline…!”
–James Puplava, The Financial Sense News Network

May not sound …

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Now Eric Garner

The Beauty Shop had barely stopped smoldering in Ferguson, Missouri, when the Eric Garner grand jury decision came down on Staten Island — no probable cause to indict one particular cop for something — manslaughter? — in his choke-hold take-down …

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KunstlerCast 261 — Whuzzat Mean? A Primer in Financial Jargon with Chris Martenson


Join me and Chris Martenson on a journey through the swamps of financial lingo so we might all develop a clearer notion of all that jargon we hear and read everyday in the chatter-sphere of the Internet. Chris …

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December 2014

Lucas 1

Behold the grandiosity of the George Lucas Museum of Narrative Art proposed for the Chicago lakefront. It is unclear exactly what it might contain besides the costumes and props for Lucas’s Star Wars cinema franchise.  The public relations bullshit cooked …

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Ferguson

The climactic uproar in Ferguson, Mo., a week ago took a zany turn when the “we want peace” message of Michael Brown’s family rotated 180 degrees to the imperative command, “burn this bitch down,” hollered repeatedly by stepfather Louis Head …

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Buy the All Time High

Wall Street is only one of several financial roach motels in what has become a giant slum of a global economy. Notional “money” scuttles in for safety and nourishment, but may never get out alive. Tom Friedman of The New

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The Instability Express

The mentally-challenged kibitzers “out there” — in the hills and hollows of the commentary universe, cable news, the blogosphere, and the pathetic vestige of newspaperdom — are all jumping up and down in a rapture over cheap gasoline prices. Overlay …

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KunstlerCast 260 — Petroleum Geologist Art Berman on Shale Oil and Gas


Independent petroleum geologist Arthur Berman says of the shale oil and shale gas scene: “What we’re reading in the newspapers everyday is completely distorted. It couldn’t be more wrong and delusional.” JHK and Art delve into the finer points …

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The Fate of the Turtle

Anybody truly interested in government, and therefore politics, should be cognizant above all that ours have already entered systemic failure. The management of societal affairs is on an arc to become more inept and ineffectual, no matter how either of …

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November 2014

Kansas

Behold the official reception hall of the Kansas Expo Center in Topeka, the state fairground. Heritage Hall, one of the oldest buildings in Kansas, has been retrofitted as a party shack enclosed between the convention center, Capital Plaza hotel, and …

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Signs and Wonders

Holy smokes,” Janet Yellen must have barked last week when Japan stepped up to plug the liquidity hole left by the US Federal Reserve’s final taper trot to the zero finish line of Quantitative Easing 3. The gallant …

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KunstlerCast 259 — An Empire of Mud


JHK Gets a new microphone and chats with J.D. Dickey author of “Empire of Mud — the Secret History of Washington, DC.” For decades during the 19th century, the city was a national disgrace. Unfilled swamps, filthy canals, and …

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Tapering, Exiting, or Just Punting?

Oh, that sound you hear this morning is the distant roar of European equity markets puking after the latest round of phony bank “stress tests” — another exercise in pretend by financial authorities who understand, at least, the bottomless credulity …

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“Omenland”

Did a few loose strands of Ebola seep into the organs and tissues of global finance last week? The US equity markets sure enough puked, the Nikkei bled out through its eyeballs, all the collagen melted out of Greek bonds, …

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Real Life is Not Spin Art

The authorities keep emphasizing that the nurse who caught ebola from Thomas Eric Duncan was sealed in her haz-mat suit the whole time she cared for the poor fellow and blah blah nobody knows how she could possibly catch the …

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October 2014

bollards

Behold the creeping bollards of Boston. These globules are found in front of the Tip O’Neill Federal Building on Causeway Street in Boston. Combine post 9/11 paranoia with the endemic American hatred of artistry, with the opportunity to money-grub in …

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Must Be the Season of the Witch

As the Governor goblins at the Federal Reserve whistle past the graveyard of dead Quantitative Easing, and the US dollar magically expands like a prickly puffer fish, and Mario Drahgi does what it takes with Euro duct tape to patch …

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We’ll Become ISIS

I played fiddle at a small-town, country dance last night with several other musicians and it was a merry enough time because that kind of self-made music has the power to fortify spirits. About half the dancers were over 40 …

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JHK on the “Strong Towns” Podcast with Chuck Marohn

Strong Towns Home Page

or just play it

JHK yaks with Chuck Marohn about “A History of the Future.”
Should be of interest to “World Made By Hand” readers.

The new World Made By Hand novel

!! Is now …

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Barbarism Versus Stupidism

In my lifetime, the USA has not blundered into a more incoherent, feckless, and unfavorable foreign policy quandary than we see today.

The US-led campaign to tilt Ukraine to Euroland and NATO — and away from the Russian-led Eurasian Customs …

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KunstlerCast 258 — Yakking with David Collum


JFK in free-ranging conversation with David Collum, who calls himself “the Paris Hilton of financial commentary.” Dave is also the distinguished Betty R Miller Professor of Chemistry and Chairman of the Cornell University Department of Chemistry and Chemical Biology. …

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The Era of Bad Feeling

There are times when events are in charge, not personalities. The unseen forces that hold the affairs of nations and economies in equilibrium dissolve, particles fly out of the many centers, and things heat up toward criticality.

Glance in the …

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Down the Memory Hole

The memory hole is working overtime in the USA zeitgeist these days. Shit happens and a week or so later, it unhappens — at least it seems that way as manifested by the front page of The New York Times

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KunstlerCast 257 — Piero SanGiorgio

 

KunstlerCast 257 –Podcast with Piero SanGiorgio

JFK shoots the breeze with Piero SanGiorgio, author of Survive the Coming Economic Collapse, a practical guide. The book was originally published in France and has now been put out in an English …

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September 2014

 

Eyesore_09_2014
Behold the new gerbil cage for children in Queensbury, New York. Notice that there are no children there. The reason: it is a completely unrewarding place to play. In fact, it was designed not for children but for lawyers …

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