politics
In this week’s Off The Cuff podcast, Chris and James Howard Kunstler discuss:
- America’s death-match style of politics
- Corruption is everywhere these days
- Society is dangerously close to violence as faith is lost
- The shrinking Overton window
Strap in for an hour of angst. Acerbic commentator James Howard Kunstler addresses a litany of deficiencies in today’s system, most notably the many forces removing prosperity and freedom for the bottom 99%.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.
Off The Cuff: Descent Into Madness
PREVIEW by Adam TaggartIn this week’s Off The Cuff podcast, Chris and James Howard Kunstler discuss:
- America’s death-match style of politics
- Corruption is everywhere these days
- Society is dangerously close to violence as faith is lost
- The shrinking Overton window
Strap in for an hour of angst. Acerbic commentator James Howard Kunstler addresses a litany of deficiencies in today’s system, most notably the many forces removing prosperity and freedom for the bottom 99%.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.
In this week's Off The Cuff podcast, Chris and Dave Fairtex discuss:
- Whither These Markets Goest From Here?
- Lots of scary data, but Dr. Copper is feeling lucky
- Revisiting The Ka-POOM Theory
- Might we avoid the Ka and go directly to POOM?
- The Impact of Artificial Intelligence
- It surely a game changer. But how?
- Gold
- Are the recent moves just a head-fake?
Dave Fairtex, PeakProsperity.com's precious metals daily analyst from Singapore, joins Chris this week to opine on a wide range of topics from the markets, to AI, to the refugee crisis in Europe. The two spend time talking about where the catalyst for a market correction is most likely to come from. And while there is a plethora of candidates, Dave sees political risk as topping the list:
My sense is that I think the central planners have the monetary thing wired. Let’s take the ECB. They have figured out a way to make it so that strictly monetary issues don’t cause problems anymore.
So what that leaves us with is political problems. That’s why I'm looking at what’s happening here, with the migrants in Europe and all the rest of it.Trump was an indicator that the central banks have the money stuff nailed down, but they don’t have the political movements fully under control.
So the longer-term stuff about screwing the savers and all the rest of it – that stuff they can’t control. I don’t know; maybe money printing works until the political situation changes. That’s where I’m leaning right now.
Off The Cuff: The Pin To Pop This Bubble?
PREVIEW by Adam TaggartIn this week's Off The Cuff podcast, Chris and Dave Fairtex discuss:
- Whither These Markets Goest From Here?
- Lots of scary data, but Dr. Copper is feeling lucky
- Revisiting The Ka-POOM Theory
- Might we avoid the Ka and go directly to POOM?
- The Impact of Artificial Intelligence
- It surely a game changer. But how?
- Gold
- Are the recent moves just a head-fake?
Dave Fairtex, PeakProsperity.com's precious metals daily analyst from Singapore, joins Chris this week to opine on a wide range of topics from the markets, to AI, to the refugee crisis in Europe. The two spend time talking about where the catalyst for a market correction is most likely to come from. And while there is a plethora of candidates, Dave sees political risk as topping the list:
My sense is that I think the central planners have the monetary thing wired. Let’s take the ECB. They have figured out a way to make it so that strictly monetary issues don’t cause problems anymore.
So what that leaves us with is political problems. That’s why I'm looking at what’s happening here, with the migrants in Europe and all the rest of it.Trump was an indicator that the central banks have the money stuff nailed down, but they don’t have the political movements fully under control.
So the longer-term stuff about screwing the savers and all the rest of it – that stuff they can’t control. I don’t know; maybe money printing works until the political situation changes. That’s where I’m leaning right now.
Why do some nations rise while others wither? Why have some of the world's largest empires eventually crumbled? What are the 'best practices' that a modern nation should follow if it desires sustainable prosperity for its citizenry?
To answer these questions, we welcome MIT professor Doran Acemoglu and co-author of the book Why Nations Fail. His observations? Yes, national prosperity has some correlation to the resources available to the State, but importantly, it's determined by how those resources are put to productive — and fair — use.
Daron Acemoglu: Why Nations Fail
by Adam TaggartWhy do some nations rise while others wither? Why have some of the world's largest empires eventually crumbled? What are the 'best practices' that a modern nation should follow if it desires sustainable prosperity for its citizenry?
To answer these questions, we welcome MIT professor Doran Acemoglu and co-author of the book Why Nations Fail. His observations? Yes, national prosperity has some correlation to the resources available to the State, but importantly, it's determined by how those resources are put to productive — and fair — use.
Executive Summary
- The case for a regional fracturing of the US
- Why the balance of power will shift from the Federal government to local seats
- How each US region will likely fare during this transition, given their idiosyncrasies
- Why chaos will trump order moving forward
If you have not yet read Part I of The Disenchantment of American Politics, available free to all readers, please click here to read it first.
The last time the USA faced a comparable political convulsion was the decade leading into the Civil War, but this time it will be more complex and confusing and it will have a different ending.
A Preview of What's to Come?
In the 1850s, the dominant Whig party choked to death on its own internal contradictions — mainly its failure to take a coherent position on slavery — and morphed into the Republican Party. The original Democratic Party broke apart into southern and northern factions. All of the doctrinal and legal debates of the day — states’ rights, property rights, et cet. — could not overcome the growing moral revulsion against human bondage. When Lincoln was elected in 1860, seven southern slave states seceded from the Union before his inauguration. The ferocity of the ensuing Civil War — the world’s first industrial-strength slaughterfest — came as a great shock to many who had expected little more than a few symbolic romantic skirmishes on horseback preceding a negotiated settlement.
I believe we are headed now into a breakup of the nation into smaller units, but this time there will be no reconstituting the original USA as in 1865. I realize this is a severe view, but the circumstances we face are more severe than the public seems to imagine. To some degree the coming political rearrangement would appear to be the unfinished business of the 1860s. The old animosities remain, mainly in cultural rather than economic terms. But the real driving force of schism will be catabolic economic collapse expressing itself in scale reduction of all our support systems: food production, energy production, transportation, finance, commerce, and governance. Everything is going to have to get smaller, get more local, and be run differently. Just as political rhetoric failed to contain the revulsion against slavery, all the debates of the Left and Right in our time will not overcome the geophysical limits of energy resource scarcity and its affect on the other major systems of everyday life. Environmental degradation (including climate change) will amplify the journey downward in the viable scale of human operations…
Get Ready For Strange Days
PREVIEW by JHKExecutive Summary
- The case for a regional fracturing of the US
- Why the balance of power will shift from the Federal government to local seats
- How each US region will likely fare during this transition, given their idiosyncrasies
- Why chaos will trump order moving forward
If you have not yet read Part I of The Disenchantment of American Politics, available free to all readers, please click here to read it first.
The last time the USA faced a comparable political convulsion was the decade leading into the Civil War, but this time it will be more complex and confusing and it will have a different ending.
A Preview of What's to Come?
In the 1850s, the dominant Whig party choked to death on its own internal contradictions — mainly its failure to take a coherent position on slavery — and morphed into the Republican Party. The original Democratic Party broke apart into southern and northern factions. All of the doctrinal and legal debates of the day — states’ rights, property rights, et cet. — could not overcome the growing moral revulsion against human bondage. When Lincoln was elected in 1860, seven southern slave states seceded from the Union before his inauguration. The ferocity of the ensuing Civil War — the world’s first industrial-strength slaughterfest — came as a great shock to many who had expected little more than a few symbolic romantic skirmishes on horseback preceding a negotiated settlement.
I believe we are headed now into a breakup of the nation into smaller units, but this time there will be no reconstituting the original USA as in 1865. I realize this is a severe view, but the circumstances we face are more severe than the public seems to imagine. To some degree the coming political rearrangement would appear to be the unfinished business of the 1860s. The old animosities remain, mainly in cultural rather than economic terms. But the real driving force of schism will be catabolic economic collapse expressing itself in scale reduction of all our support systems: food production, energy production, transportation, finance, commerce, and governance. Everything is going to have to get smaller, get more local, and be run differently. Just as political rhetoric failed to contain the revulsion against slavery, all the debates of the Left and Right in our time will not overcome the geophysical limits of energy resource scarcity and its affect on the other major systems of everyday life. Environmental degradation (including climate change) will amplify the journey downward in the viable scale of human operations…
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