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Scapegoating dissenters only hastens the disunity and disarray that accelerates the final collapse.Authoritarianism is imposed on us, but its sibling intolerance is our own doing. Intolerance and authoritarianism are two sides of th…

Pretense and PR are not reality, and believing the Old Normal will magically be restored with sacrifice-free Federal Reserve printing is not an actual strategy.Quick history quiz: who was the second-to-the-last Emperor of the Western Roman Empire?&nbsp…

Reversing from exploited division to creative and healthy solidarity will need to be the mantra and guiding principle going forward if we the people are to take back our economy.Editor’s note: This is a guest post by my friend and colleague Zeus Y…

So what can we do about all this when our politics, regulation and policies are all captured? We go directly to the source of value, which is demand.Editor’s note: This is a guest post by my friend and colleague Zeus Yiamouyiannis, Ph.D., who has …

LENDING is now the sucker’s game.Editor’s note: This is a guest post by my friend and colleague Zeus Yiamouyiannis, Ph.D., who has contributed essays to Of Two Minds since 2009.So this is the program: Devalue or deflate everything owned by the “li…

The gravy train will have to stop at some point, but right now the global elites have pushed their chips on to the U.S. dollar and stocks.Editor’s note: This is a guest post by my friend and colleague Zeus Yiamouyiannis, Ph.D., who has contributed…

Not only have the billionaire class made money, they have tightened their monopolistic grip on the levers of money supply and distribution, turning a global rigged casino into a global company town.Editor’s note: This is a guest post by my friend …

The extremes are not visible to the vast majority of participants, and so they are exposed to high levels of risk they don’t see or understand.The question “Is the weather becoming more extreme?” opens up endless debates because our perceptions ma…

Class wars are the inevitable result of an economic system in which ‘anything goes if you’re rich enough and winners take most’. The traditional class war has been waged between wage-earners (who sell their labor) and their employers (owners of ca…

The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses.Fundamentally, the economy of 2019 was not very different from the economy of 1959: people went sho…

They may just opt out of the whole insane charade and stop paying the mountains of debt and stop trying to prop up the deranging pretense of middle-class snobbery.Though many blame Donald Trump for dividing the nation, the nation was already disunited….

All those who believe the ‘privatized totalitarianism’ of Big Tech ‘platform plantations’ are ‘capitalism’ have been brainwashed into servitude by Big Tech’s pretense of capitalism.What do you call an economy of monopolies without competition or any re…

The sands beneath what’s scarce and what’s over-abundant are shifting.On a recent visit to the welding shop where my niece’s husband works, I asked him if they had enough welders for their workload. His answer surprised me: “If you asked every wel…

Thus do the lazy complacent passengers drift inexorably toward the cataracts of collapse just ahead.The boat ride down to the waterfall of systemic collapse is not dramatic, it’s lazy drifting: a lazy complacency that doing more of what worked in …

Thus do the lazy complacent passengers drift inexorably toward the cataracts of collapse just ahead.The boat ride down to the waterfall of systemic collapse is not dramatic, it’s lazy drifting: a lazy complacency that doing more of what worked in …

Triffin’s Paradox demands painful trade-offs to issue a reserve currency, and it demands the issuing central bank serve two competing audiences and markets.Judging by the headlines and pundit chatter, the U.S. dollar is about to slide directly to zero….