Latest Issues of #AxisOfEasy
Our Fate Is Sealed, Vaccines Won’t Matter: Four Long Cycles Align
A Covid-19 vaccine, or lack thereof, will have zero effect in terms of reversing these cycles. Call it Fate, call it karma, call it what you will, but the cycles have aligned and nothing can stop the unraveling of all that was foolishly presumed to be …
Spy vs Spy: Pandemic Edition
It may come as no surprise that one of my cultural influences was Mad Magazine. For those of us of a certain vintage, Mad magazine was an oasis in a satirical desert.
I was particularly fond of the Spy vs Spy comics, as they combined hilarious dirty tricks and double dealing with a modest satirical critique of the art of espionage. Growing up in the Cold War, espionage was generally mysterious and glamours, and I loved how Spy vs Spy offered an alternate view that emphasized incompetence and heavy handedness.
Consumer Spending Will Not Rebound–Here’s Why
Any economy that concentrates its wealth and income in the top tier is a fragile economy.There are two structural reasons why consumer spending will not rebound, no matter how “open” the economy may be. Virtually everyone who glances at headlines …
Globalization and Financialization Are Dead, and so Is Everything That Depended on Them
Financialization was never sustainable, and neither was the destructive globalization it enabled.All the happy-story analogies to past pandemics being mere bumps in the road miss the mark. A popular claim is that the 1918-1919 flu pandemic killed …
Future Tools: Ghost
Yesterday’s issue was an important reminder of why our Future Tools series is not only relevant to our readers, but essential to this publication’s production and survival. The issue was published at 11:26am, but was not distributed until close to 2pm. Relying upon substack.com for distribution means that we had no idea why this delay happened, and for those two plus hours, it’s not unreasonable to assume the worst.
The Collapse of Main Street and Local Tax Revenues Cannot Be Reversed
The core problem is the U.S. economy has been fully financialized, and so costs are unaffordable.To understand the long-term consequences of the pandemic on Main Street and local tax revenues, we need to consider first and second order effects. Th…
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