Pops:
"What do you all see as the prime indicator of recession? "I've noticed an almost surreal lack of confidence in the mainstream. I've been tuned in to every recession since I came of age, and, in the 70s, there was a sense that things were changing and that we would just change our ways, especially regarding sustainability, inclusiveness, other things. Instead, we rejected alternatives to petroleum and went on a multi-decade debt binge.
After Viet Nam, folks thought we would be smart enough to avoid police-action wars not-of-necessity. It's been one after the other, including the longest war in US history. In a sense, Americans didn't even have to pay for (sacrifice for, monetarily) the last couple, but they're fucking tired of seeing 'Wounded Warrior" commercials every five minutes asking for money they don't have.
After the 70s, there's also been a Chomskyesque reprograming of the population; the best way to destroy inconvenient realities is to create a society where there is no reality, just constructs of mass media and highly-paid professional liars,, and an almost unlimited choice of alternative realities. Mass destraction.
I think this too has run its course and folks aren't buying it anymore, even though many continue to promote the charade with all their might. We were like "The Little Engine That Could", but in reality, the Little Engine couldn't; didn't have enough fuel, power, or traction. That was just a children's book.
The passengers are beginning to look worried.
....as for;
"What do you all see as the prime indicator of recession? "The Feds have pumped $trillions into the economy and we're barely treading water. Even Greer is getting uncharacteristically short-term:
This is crunch time, folks; unless I’m very much mistaken, we’re on the brink of a historical inflection point like the ones in 1789 and 1914, one of the watersheds of time after which nothing will ever be the same again.
http://www.thearchdruidreport.blogspot. ... rrels.html