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Podcast

by Adam Taggart

When you buy a piece of clothing, how much thought do you give to how it was made?

Few shoppers do. But they should. In many respects, where our clothes comes from is nearly as important as where our food comes from.

The recent tragedy in Bangladesh, where over 1,000 sweatshop workers died in a building collapse, provides a stark reminder of this. 

In this podcast, I talk with retail entrepreneurs Scott Leonard and Matt Reynolds, co-founders of Indigenous Designs, to get a better understanding of the notoriety the textile industry has earned (much of it well-deserved) and learn about new business models that promise to transform it for the better.

Indigenous: Sourcing Our Clothing Sustainably
by Adam Taggart

When you buy a piece of clothing, how much thought do you give to how it was made?

Few shoppers do. But they should. In many respects, where our clothes comes from is nearly as important as where our food comes from.

The recent tragedy in Bangladesh, where over 1,000 sweatshop workers died in a building collapse, provides a stark reminder of this. 

In this podcast, I talk with retail entrepreneurs Scott Leonard and Matt Reynolds, co-founders of Indigenous Designs, to get a better understanding of the notoriety the textile industry has earned (much of it well-deserved) and learn about new business models that promise to transform it for the better.

by JHK

Executive Summary

  • Dmitry Orlov's recent work shows how sovereign collapse progresses along a well understood trajectory
  • Understanding the elements & ramifications of each stage is critical to positioning oneself safely in advance
  • The five stages: financial, commercial, political, social & cultural
  • The U.S. looks certain to follow this progression at least partway in our lifetimes, likely sooner than later. The decisions you make and actions you take now will have outsized repercussions for your future.

If you have not yet read Part I: America the Vulnerable, available free to all readers, please click here to read it first.

Orlov’s Reinventing Collapse: The Soviet Experience and American Prospects was a tour de force of political writing with true literary panache. It announced the arrival on the scene of a major thinker in a period of history that didn’t care much about thinkers (unless they could invent cell-phone apps). After that first book, he published some books of assorted essays, and now he's out with another major statement titled The Five Stages of Collapse: Survivors' Toolkit (New Society Publishers).  

This new book assumes that global industrial civilization is on a collapse trajectory, and Orlov doesn’t waste any ink on arguments trying to prove that. Rather, he lays out in detail exactly how the process of civilizational collapse may actually happen. For many readers and observers, the prospect is often conceived in narratives of Hollywood-style apocalyptic melodrama with some kind of sudden chaos driving the story. Orlov avoids that tripe and instead presents a clear declension of proceedings that unfold naturally and comprehensibly in a certain order like the progressive organ failure that doctors encounter in the intensive care unit. 

Orlov calls his method “a taxonomy of collapse.” The point of the book, he writes, is “(n)ot whether collapse will occur, but rather what it looks like, what to expect, and how we should behave should we wish to survive.”

The Five Stages of Collapse

As he conceives it, the five stages would tend to play out in sequence based on the breaching of particular boundaries of consensual faith and trust that groups of human beings vest in the institutions and systems they depend on for daily life. These boundaries run from the least personal (e.g. trust in banks and governments) to the most personal (faith in your local community, neighbors, and kin)…

A Clear Picture of What to Expect
PREVIEW by JHK

Executive Summary

  • Dmitry Orlov's recent work shows how sovereign collapse progresses along a well understood trajectory
  • Understanding the elements & ramifications of each stage is critical to positioning oneself safely in advance
  • The five stages: financial, commercial, political, social & cultural
  • The U.S. looks certain to follow this progression at least partway in our lifetimes, likely sooner than later. The decisions you make and actions you take now will have outsized repercussions for your future.

If you have not yet read Part I: America the Vulnerable, available free to all readers, please click here to read it first.

Orlov’s Reinventing Collapse: The Soviet Experience and American Prospects was a tour de force of political writing with true literary panache. It announced the arrival on the scene of a major thinker in a period of history that didn’t care much about thinkers (unless they could invent cell-phone apps). After that first book, he published some books of assorted essays, and now he's out with another major statement titled The Five Stages of Collapse: Survivors' Toolkit (New Society Publishers).  

This new book assumes that global industrial civilization is on a collapse trajectory, and Orlov doesn’t waste any ink on arguments trying to prove that. Rather, he lays out in detail exactly how the process of civilizational collapse may actually happen. For many readers and observers, the prospect is often conceived in narratives of Hollywood-style apocalyptic melodrama with some kind of sudden chaos driving the story. Orlov avoids that tripe and instead presents a clear declension of proceedings that unfold naturally and comprehensibly in a certain order like the progressive organ failure that doctors encounter in the intensive care unit. 

Orlov calls his method “a taxonomy of collapse.” The point of the book, he writes, is “(n)ot whether collapse will occur, but rather what it looks like, what to expect, and how we should behave should we wish to survive.”

The Five Stages of Collapse

As he conceives it, the five stages would tend to play out in sequence based on the breaching of particular boundaries of consensual faith and trust that groups of human beings vest in the institutions and systems they depend on for daily life. These boundaries run from the least personal (e.g. trust in banks and governments) to the most personal (faith in your local community, neighbors, and kin)…

by Chris Martenson

[Chris lost his voice this week due to illness, so we were unable to record a new podcast. So while Chris recuperates, enjoy this excellent discussion from the archives will Bill Black, recorded a year ago, on the pervasive control fraud within our current financial system. ~ Adam]

“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it."  ~ Frederic Bastiat

Bill Black is a former bank regulator who played a central role in prosecuting the corruption responsible for the S&L crisis of the late 1980s. He is one of America's top experts on financial fraud. And he laments that the U.S. has descended into a type of crony capitalism that makes continued fraud a virtual certainty while increasingly neutering the safeguards intended to prevent and punish such abuse.

In this extensive interview, Bill explains why financial fraud is the most damaging type of fraud and also the hardest to prosecute. He also details how, through crony capitalism, it has become much more prevalent in our markets and political system. 

A warning: There's much revealed in this interview that will make your blood boil. For example, the Office of Thrift Supervision. In the aftermath of the S&L crisis, this office brought 3,000 administration enforcement actions (a.k.a. lawsuits) against identified perpetrators. In a number of cases, they clawed back the funds and profits that the convicted parties had fraudulently obtained.

Flash forward to the 2008 credit crisis, in which just the related household sector losses alone were over 70 times greater than those seen during the entire S&L debacle. So how many criminal referrals did the same agency, the Office of Thrift Supervision, make?

Zero.

Bill Black: Our System is So Flawed That Fraud is Mathematically Guaranteed
by Chris Martenson

[Chris lost his voice this week due to illness, so we were unable to record a new podcast. So while Chris recuperates, enjoy this excellent discussion from the archives will Bill Black, recorded a year ago, on the pervasive control fraud within our current financial system. ~ Adam]

“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it."  ~ Frederic Bastiat

Bill Black is a former bank regulator who played a central role in prosecuting the corruption responsible for the S&L crisis of the late 1980s. He is one of America's top experts on financial fraud. And he laments that the U.S. has descended into a type of crony capitalism that makes continued fraud a virtual certainty while increasingly neutering the safeguards intended to prevent and punish such abuse.

In this extensive interview, Bill explains why financial fraud is the most damaging type of fraud and also the hardest to prosecute. He also details how, through crony capitalism, it has become much more prevalent in our markets and political system. 

A warning: There's much revealed in this interview that will make your blood boil. For example, the Office of Thrift Supervision. In the aftermath of the S&L crisis, this office brought 3,000 administration enforcement actions (a.k.a. lawsuits) against identified perpetrators. In a number of cases, they clawed back the funds and profits that the convicted parties had fraudulently obtained.

Flash forward to the 2008 credit crisis, in which just the related household sector losses alone were over 70 times greater than those seen during the entire S&L debacle. So how many criminal referrals did the same agency, the Office of Thrift Supervision, make?

Zero.

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