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Of Two Minds

OfTwoMinds

Why the Housing Bubble Bust Is Baked In

June 29, 2022

Putting this all together, it’s clear that the source of the current housing bubble is the explosion of financial speculation fueled by central bank policies. Those benefiting from speculative bubbles have powerful incentives to deny the bubble can bust.

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The Age of Discord

June 26, 2022

It’s very difficult to find common ground that supports cooperation in the disintegrative stage of scarcities, rising prices, catastrophically centralized power and social discord.

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The Global Power Shift Isn’t West to East–It’s Not That Simple

June 24, 2022

The mercantilist dependence on exports for growth, a winner for the past 70 years, has reached diminishing returns. Rather than be a source of growth, it’s a source of stagnation. Conventional wisdom holds that geopolitical power is inevitably shifting from West to East. It isn’t quite this simple.

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Our No-Win "Kobayashi Maru" Economy

June 22, 2022

It’s time to reprogram the conditions of the economy to serve the many rather than the few. Star Trek’s Kobayashi Maru training exercise tests officer candidates’ response to a no-win scenario: any attempt to rescue the crippled ship’s crew results in the destruction of the candidate’s ship, while standing by and taking no action results in the loss of the Kobayashi Maru’s crew.

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The Difference Between a Forecast and a Guess

June 20, 2022

Every forecast or guess has one refreshing quality: one will be right and the rest will be wrong. What’s the difference between a forecast< and a guess? On one level, the answer is "none": the future is unknown and even the most informed forecast is still a guess.

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Our Economy In a Nutshell

June 17, 2022

The economy has reached an inflection point where everything that is unsustainable finally starts unraveling.Our economy is in a crisis that’s been brewing for decades. The Chinese characters for the English word are famously–and incorrectly–translated as danger and opportunity.

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Contributors

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Mark E. Jeftovic

Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture. 

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Jesse Hirsh

Futurist, researcher and public speaker, Jesse Hirsh has been active in technology and commenting on it across the media for 25 years. His premium newsletter service operates from Metaviews.ca.

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Charles Hugh Smith

Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.