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The Coming Real Estate Tax and Energy Crises

Be sure to discuss muni bonds with your financial adviser because there’s a huge systemic problem lurking there, thanks to Mitch Vexler’s astonishing work. The only way to possibly fix that is with huge economic growth. Which leads us to stalling US oil output that will not grow at these too-low prices.

The User's Profile Chris Martenson September 6, 2024
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As I work on my Big TOE (Theory of Everything) I’ve become more and more resigned to things just devolving further.

It seems that people, from time to time, just lose the plot line.

And when they do, most of them operate in ways that are both intensely tribal and self-absorbed.

“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

~ Michael Hopf, Those Who Remain

Which is how we find local taxing authorities gaming the system and committing fraud to leverage more money from the people who live in their communities to the point of economically running households they ostensibly serve.

We discover the Federal Reserve utterly trashing the financial hopes of younger generations so they can inexplicably bail out the already fantastically lucky and wealthy older generations.

But things get particularly unfathomable when we try and make sense out of the US’s oil practices and policies.

Why rip oil out of the ground so quickly that the only means of disposal of associated gas is to burn it up on the spot, and in such quantities that grasping the scale requires viewing from space?

And how do we even begin to make sense of those who mindlessly place their hopes on wind & solar as being ‘the answer’ without bothering to conduct even the most elementary of calculations?

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Top Comment

I loved JP Morgan’s chart - specifically, that “total supply” line…what if “the fix” involved a global population decline that “coincidentally” matched this almost exactly?
One...
Anonymous Author by davefairtex
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