The cycles of The Fourth Turning, Fischer and Turchin are all in alignment at this point in history…

All of these are structural dynamics that won’t go away in a few months or years. Let’s explore what’s different now compared to recessions of the past 60 years.

The EU’s crisis isn’t limited to energy. It is a manifestation of the global breakdown of Neocolonialism, Financialization and Globalization. The European Union (EU) was seen as the culmination of a centuries-long process of integration that would finally put an end to the ceaseless conflicts that had led to disastrous wars in the 20th century that had knocked Europe from global preeminence.

Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financialization will no longer be viable. The human migration from the countryside to cities has been an enduring feature of civilization.

If we insist on doing the transition the hard, slow, costly way rather than the easy, fast, cheap way, it’s going to be a needlessly arduous, soul-crushing slog. Let’s cover a few common-sense points and ask a few questions about the Global Energy Crunch.

As the word suggests, cannibalism won’t end well for those consumed by the infinitely insatiable few. Cannibalize is an interesting word. It is a remarkably graphic way to describe the self-inflicted destruction of a system by stripping previously functional subsystems to sustain the illusion of system functionality.