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From low-Earth orbit, we see only the mighty sprawl of immense power. The internal gearing driving contradictory dynamics is buried beneath the grandeur and the euphoria.

If we study the problems outside the force-field of mythological beliefs, we find that there are no systemic solutions, there are only partial, local solutions.

When 21% interest rate credit cards are the only thing keeping the lid on awakening and revolt, that’s not a sustainable fix.

That’s the problem with deploying play-acting as “solutions:” play-acting doesn’t actually fix the problems at the source, it simply lets the problems run to failure.

The status quo has it backwards: low rates are now essential to prop up the wreckage left from previous doses of default and cascading losses.

The artificial hill of pottery shards is puny and localized; the consequences of our system will bring down the system in ways the system is completely blind to.

In a functional economy with real competition and transparency, every one of these cartel-corporations would be driven out of business by their ‘too big to care’ incompetence.

You see the irony here: the more successful the old solutions were, the greater our compulsion to cling to them even as they fail.

“Whenever you want to cheer yourself up, consider the good qualities of your companions.”

Speaking of lean years, it took the NASDAQ stock market index almost 17 years to recover its March 2000 high of 5,048.

Addiction, illness and derangement are all immensely profitable, along with monopoly, cartels and collapsing quality.

All three pillars propping up workforce spending are cracking. Plan accordingly.

I think of Bill whenever the breeze brings his chimes to life.

This is proof-positive we’re not just poorer now than we were 40 years ago, we’re much, much poorer.

The lifestyle of a stable New Gilded Age is out of stock.

The hope here is that facing the reality of moral collapse frees us of the delusion that fiddling with technocratic financial abstractions and policy tweaks can reverse moral collapse.

The top 10% are the dog sipping a drink as the cafe burns down, saying “this is fine.”

What renders everything phony, BS, inauthentic, is that everything important is cloaked to hide the deeply artificial nature of the entire setup.

There is no way to cut federal spending without reconfiguring the economy from the ground up, starting with healthcare.