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JHK hunkers down with Simons Chase, a new voice on the financial scene. Mr. Chase is the CIO and owner of independent investment firm, SC Capital Management LLC. He has over 20 years of media, finance and early-stage investing experience on the frontiers of emerging trends. He started his career as a structured finance banker in the oil & gas sector in Russia in the 1990s. His blog, LBS.co, explores trends in investing, economics and society.
The theme music for the podcast is the Two Rivers Waltz by Larry Unger.
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Please send questions and comments to jhkunstler@mac.com
Good broadcast. Best Simons comment was his final thought on going tribal, living light, taking care of your family, and getting ready for the coming and unavoidable deluge.
The Fed job’s is economic and financial stability mostly as expressed in the stock and bond markets. They also are charged with maintaining full employment as a secondary objectives. In order to accomplishment these objectives it is necessary to have money manufactured and debt increased thus created a moral hazard economic put. The effect of accomplishing these objectives is to deny reality and encourage financial corruption not to mention harming savers, causing inflation for consumers, etc. The elites who run the world make out pretty well.
I believe the current system will end with revolution of some kind and we will enter a new dark age.
The Western Civilisation is bankrupt – as its primary goal, we now understand, was no more than the destruction of finite, gold-grade, one-off fossil fuels reserves as quickly as possible, even if burned in the air to waste – and that what’s going-on since early coal in Britain – all along.
The Western Civilisation’s perception-controlling engine is primarily run to prevent humans from realising this is what happening – at core – a relentless effort put into guaranteeing a quicker return for all humans to physical slavery, viciously exercised, like never seen before.
This sort of extreme and puzzling behaviour of social-Darwinism will be stopped at for a very long time by humans in next Civilisations;
This sick behaviour never seen even in the rest of the animal kingdom, not even by insects.
Why on Earth the Western Civilisation has done this unforgivable act, destroying millions of years in the-making, one-off finite fossil fuels – madly, like this?!
Science has been parallelised and faked in the process, Economics is kept an Open dodgy System – while people are mislead to talk Debt 24/7, unaware the system is actually Open!
Can JHK et al try again to wake up the Western Cilivisation and its social engineer – telling them – what, for god sake, they are doing?
http://energyskeptic.com/2020/nuclear-waste-will-last-much-longer-than-climate-change/#comment-53100
Can Science under the Western Cvilisation make its last ditch-effort and acknowledge the real Laws of Physics before the Western Civilisation goes out in history, owing to Physics?
https://the-fifth-law.com/pages/press-release?JHK=lastDitchEffort