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Every product now has an “extended warranty” admission of the collapse of quality and durability.

The system has reached extremes that can no longer be rebalanced by policy tweaks, borrowing another couple trillion dollars or inflating asset bubbles.

The seeds of social revolution have been sown and sprouted. What we harvest is up to us.

No one is going to finger extreme wealth inequality as the proximate cause of what’s going down in the next decade, but that doesn’t mean it isn’t the tectonic cause.

Looming over the entire reformist enterprise are the costs and risks posed by debt.

The soaring costs of home ownership are changing the metrics of unaffordability in important ways.

To reverse the damage wrought by financialization, we must reverse financialization.

The limits of governmental power to solve the problems created by expanding governmental power are rising globally.

The illusion created by the initial success of central planning is that it can continue indefinitely, when the reality is it’s unavoidably self-liquidating as the distortions unravel the entire economy.

Turn the crank of social media / search (SM/S) and you get highly profitable Digital Addiction and social destabilization leading to disorder and breakdown.

By placing search/social media in the bucket of newspapers, radio and TV networks, perhaps we’ve obscured their true nature as “Digital Marketing Mechanisms.”

If you find my scribblings upsetting, there’s an easy solution: stop reading it. We’ll both benefit.

A social media company has the right to decline publishing my opinion, but the government’s ability to restrict what the social media company publishes is restricted by the First Amendment.

No wonder we’re restless, teetering on the edge, frustrated by our addictions to fakery and excess, starved for what cannot be marketed or made profitable, so it no longer exists except in the shadows.

The smart money is selling, of course, for the clanging indicators are the dinner bell announcing the banquet of consequences has been served, and Nemesis doesn’t want the meal to get cold.

And so here we are, exhausted by the divisions, the frustration, the rage and our loneliness in a sea of madness few even see.

We need a new definition of Progress, and a reset of the mythology guiding our descent into “Anti-Progress”.

Or we can let the bubble implode under its own weight and have a plan ready to clean house when the dust settles.

The core skill going forward–frugality–is largely a forgotten skillset. Time to get busy while we still have time.