Not by Software Alone

From Charles Hugh Smith — who’s never stopped EXPLAINING what’s happening.

So when the grid goes down for lack of real-world energy, let’s all cheer how software is going to deliver us endless abundance. But we’ll have to do all the cheerleading in person because the Web went down, too.”

And now a cautionary word to extraterrestrial resource miners:

China: Heads You Lose, Tails You Lose

Nothing like getting arrested and landing in a Chinese prison merely for carrying out orders.

It’s a brutal world out there, and it’s COMING OUR WAY.

B of A’s Climate Change Price Tag

What decarbonizing will do to the Fed’s balance sheet.  In other words, QE OUT TO THE SEA.

But here’s what this means. We’re not only not going to NOT PAY DOWN DEBT, we’re NEVER GOING TO STOP BORROWING unless the monetary system completely blows up.

At what point will currency cease to be real, you ask?

I’d GUESS at the point of HYPERINFLATION, the ONLY WAY to vaporize debt.

Then comes the next form of money. And what that may be is impossible to say.

New UK Variant

Here we go again.

The world has changed. Reality now comes in variant strains.

Mother of All Imbalances

55% of the world’s population possesses only 1.3% of all wealth.  In contrast, the top 1.1 % possesses 45.8% of it.

THIS IS WHY THE YOUNG ARE AGAIN TALKING MARXISM.  Not that that would work.  But we do have a wealth inequality problem WE DO HAVE TO ADDRESS.  Or else Marxism will continue to look like the Utopia it sure as hell isn’t.