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David Collum: Pandemonium

The User's Profile David Collum December 26, 2019
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The only thing nearly as enlightening as reading David Collum’s epic Year In Review is listening to him and Chris Martenson riff about its highlights.

Strap in, grab some eggnog, and listen to this year’s recap:

We are so close to a financial crisis now that we may be way, way past the fail-safe.

We’ve got all these unfunded liabilities that we have to pay or face the consequences of — and they are fantastically enormous.

The pensions are all underfunded — at the top of a financial asset price bubble, mind you.

Social Security is a disaster. And we’re promising so much medical help for everyone that is now profoundly expensive.

There are so many things out there that are unmoored. The Fed is unmoored. The digital world is taking us to this digital gulag, in my opinion — I don’t think I’m being hyperbolic.

I think we’re heading for very, very bad places.

Click the play button below to listen to Chris’ interview with David Collum (84m:24s).

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About the Author

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David Collum received a BS in biology from Cornell in 1977 and an MA, MS, and PhD in chemistry from Columbia University in 1980. Dave currently is the Betty R. Miller Professor of Chemistry at Cornell University. While at Cornell Dave has served as Director of Undergraduate Studies, Director of Graduate Studies, associate chairman, and chairman while running a research program in organic chemistry for forty years, which include collaborations with a host of large-cap pharmaceutical companies exemplified by Merck and Pfizer. In recent years he has become interested in the interface where politics and markets meet. He compiles an annual Year in Review, does several dozen podcasts per year, and occasionally stirs up trouble on more mainstream media sources.