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Orlov: Placing The USA On A Collapse Continuum

Orlov: Placing The USA On A Collapse Continuum thumbnail

The West is rotting! Yes, maybe, but what a nice smell… Old Soviet joke The word ‘catastrophe‘ has several meanings, but in its original meaning in Greek the word means a “sudden downturn” (in Greek katastrophē ‘overturning, sudden turn,’ from kata- ‘down’ + strophē ‘turning’). As for the word “superpower” it also has several possible […]


Kunstler: Swamp Thang

Public Policy

Chuck and Nancy coming onto the TV audience as “Mommy and Daddy” Tuesday night was a nice gag, putting the “nanny” into the Nanny State, which is getting more and more like the Tranny State — the Deep State in drag. Will the supply of “undocumented” nannies be cut off to the Creative Classniks of […]


‘Venezuela will be respected’: Maduro defends rule as legitimate

‘Venezuela will be respected’: Maduro defends rule as legitimate thumbnail

Venezuelan President Nicolas Maduro has defended his government’s legitimacy amid growing opposition and international condemnation of his bid for a second six-year term. In a Tweet on Sunday, Maduro, who is to be sworn in on Thursday, said the Venezuelan people had given “legitimacy” to his administration “with their vote”. “To those who hope to break […]


Hedge Fund Manager Sees Dollar Losing Reserve Currency Status

Public Policy

With the end of 2018 marking the 40th anniversary of China opening up & reforming (and with an increasingly loud group of market participants questioning the foundations of China’s economic miracle – and more importantly, it’s future), Bridgewater founder Ray Dalio believes now is a good time to reflect on China’s last 40 years. “Since […]


What America can learn from the fall of the Roman republic

What America can learn from the fall of the Roman republic thumbnail

Romans ruins of the city of Salamis, near Famagusta, Northern Cyprus.Shutterstock If you were a Roman citizen around, say, 200 BC, you probably would have assumed Rome was going to last forever. At the time, Rome was the greatest republic in human history, and its institutions had proven resilient through invasions and all kinds of […]


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In just a few short days, China has proved that investors who have been underestimating the geopolitical risks stemming from the simmering tensions between the US and China over the latter’s territorial claims in the South China Sea and paranoia over the fate of Taiwan – a de facto independent state that President Xi Jinping […]


Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers

Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers thumbnail

All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers. The United States withdrew from a nuclear deal with Iran last year and snapped sanctions […]


Actually, 2018 Was a Pretty Good Year

Actually, 2018 Was a Pretty Good Year thumbnail

The year 2018 will be deplored by pundits as a bad year of more unpredictable Donald Trump, headlined by wild stock market gyrations, the melodramas of the Robert Mueller investigation and the musical-chair tenures of officials in the Trump administration. The government is still shut down. Talk of impeachment by the newly Democrat-controlled House of […]


Global Revolt Against Climate Change Policies

Global Revolt Against Climate Change Policies thumbnail

2018 saw a global revolt against policies aimed at fighting global warming Australia, Canada, France and the U.S. have all seen push back against global warming policies That included weeks of riots in France against planned carbon tax increases Despite increasingly apocalyptic warnings from U.N. officials, 2018 has seen a number of high-profile defeats for […]


Kunstler: Ding Ding ! Margin Call USA

Public Policy

Welcome to the American hall of mirrors… and mind the broken glass all over the floor. That’s Nature’s way of saying the country has run out room to punk itself. 2018 was the consolidation of bad faith in everything we do: politics, the news media, economics & finance, show biz, regular biz, jurisprudence, medicine, education, […]


Brexit: Stage One In Europe’s Slow-Burn Energy Collapse

Public Policy

Everyone’s talking about Brexit. Some about the French riots. But no one’s talking about why they are happening, and what they really mean. They might think they are, but they are usually missing the point. On 6th May 2010, the Conservative Party took the reins of power for the first time since 1992, propped up […]


The Battle For Syria’s Oil Region

Public Policy

The Syrian Civil War has gone through several phases over the course of seven years and it now appears to be entering another one. Government forces have regained control over much of Syria with Russian air support and Iranian ground forces. Only Idlib and the territories east of the Euphrates river remain out of the […]


Kunstler and Bill Holter: Financial and Political Turmoil

Public Policy

Bill Holter writes and is partnered with Jim Sinclair at the newly formed Holter/Sinclair collaboration. Prior, he wrote for Miles Franklin from 2012-15. Bill worked as a retail stockbroker for 23 years, including 12 as a branch manager at A.G. Edwards. He left Wall Street in late 2006 to avoid potential liabilities related to management […]


Iran in talks with Afghan Taliban

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Iran has been holding talks with Afghanistan’s Taliban with the knowledge of the Afghan government, a senior Iranian security official was quoted by the official news agency IRNA as saying on Wednesday during a visit to Kabul. The news came days after reports last week of talks between U.S. and Taliban officials over proposals for […]


The Coming Scramble for Africa

Public Policy

China, and Russia to a degree, are ahead of the game, but the U.S. has the advantage going forward. In the 19th century, Europe’s great powers were caught up in what historians have dubbed “the scramble for Africa,” as Britain, France, Germany, and Italy competed with one other to establish colonies and control over the […]


Trump Takes On The FED And The Military Industrial Complex

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Trump Takes On The FED And The Military Industrial Complex


Kunstler: Merry Christmas to All

Public Policy

And this solemn night a great stillness falls upon the land as the Leviathan of Washington is sent to its room to get its mind straight, and the USA gets on with collapse in earnest. There will be no visions of sugarplums for the Deep Staters as the government enters its induced coma, only premonitions […]


Oil policy twists and turns in 2018 – the Capital Crude top 10

Public Policy

There were 56 episodes of Platts’ Capitol Crude podcast this year, covering nearly everything US oil policy touched from Boulder, Colorado to Beijing, China. Here are 10 of our favorite episodes from 2018: February 20 – Free at last! Just days after leaving his position as a top energy policy adviser to President Trump, George […]


The Great Saudi Muddle

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Does the Senate want Crown Prince Muhammad bin Salman to own up to the murder of dissident journalist Jamal Khashoggi?  Is it really seeking an end to Saudi Arabia’s war of aggression against Yemen?  The answer to both questions is: kind of, sort of, not really.  That’s the takeaway from a couple of resolutions the chamber approved […]


What Will Oil Prices Be In 2019?

Public Policy

After a run up earlier this year, crude oil prices have been collapsing in recent months. Prices dropped nearly 25 percent in November alone, the biggest monthly loss in a decade, as traders stress over a possible glut in global supplies. Record production in the United States, Russia and Saudi Arabia has helped plummet oil […]


Baghdad’s Green Zone opens its gates to public after 15 years

Baghdad’s Green Zone opens its gates to public after 15 years thumbnail

For 15 years, most Iraqis have been unable to access the heart of Baghdad. But the tall concrete walls and barbed wire that have closed off the Green Zone for years are finally coming down. The Green Zone, a 10 square kilometre area in central Baghdad, has been partially open to the public since December […]


Endless War Has Been Normalized And Everyone Is Crazy

Public Policy

Since I last wrote about the bipartisan shrieking, hysterical reaction to Trump’s planned military withdrawal from Syria the other day, it hasn’t gotten better, it’s gotten worse. I’m having a hard time even picking out individual bits of the collective freakout from the political/media class to point at, because doing so would diminish the frenetic […]


The Psychological Warfare Behind Economic Collapse

The Psychological Warfare Behind Economic Collapse thumbnail

The concept of using the economy as a weapon is not an alien one to most people. Generally, we understand the nature of feudalism and how various groups can be herded onto centralized plantations to be exploited for their labor. Some people see this as a consequence of “capitalism,” and others see it as an […]


This Isn’t News. This Is War Crimes Apologia.

Public Policy

The fact that George W Bush has given Michelle Obama two pieces of candy is once again making headlines in mainstream outlets like Time, The Hill, and Newsweek. He has not given her any new pieces of candy since the last time he did so at his father’s funeral. He also has not ceased to […]


“Saudi Arabia Is Going Bankrupt” Taleb Exclaims After Seeing Kingdom’s Latest Budget

“Saudi Arabia Is Going Bankrupt” Taleb Exclaims After Seeing Kingdom’s Latest Budget thumbnail

In all the noise surrounding the latest market moves, political news and frenzy over tomorrow’s Fed rate hike (or pause), an important development was missed by many when Saudi Arabia released its budget for 2019 earlier on Tuesday, which at 1.106 trillion riyals, or $295 billion – the largest in the kingdom’s on record – […]


Brexit: Stage One in Europe’s Slow-Burn Energy Collapse

Brexit: Stage One in Europe’s Slow-Burn Energy Collapse thumbnail

Everyone’s talking about Brexit. Some about the French riots. But no one’s talking about why they are happening, and what they really mean. They might think they are, but they are usually missing the point. On 6th May 2010, the Conservative Party took the reins of power for the first time since 1992, propped up […]


What Would The End Of OPEC Mean?

Public Policy

The Organization of the Petroleum Exporting Countries – the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years – is now in deep crisis. The latest OPEC meeting in Vienna offered new insights into the cartel’s raging civil war that is tearing it apart and threatens […]


Caitlin Johnstone: Imagine If Saudi Arabia Was Not A US Ally

Public Policy

The US Senate has voted 56 to 41 to sorta-kinda eventually end America’s part in the Saudi-led war in Yemen, one step out of a great many that will need to happen in order to end the worst humanitarian crisis on the face of the earth. The joint resolution still allows US drones to patrol Yemeni […]


Kunstler: Sleepwalkers Awoke!

Public Policy

Andrew Sullivan called it “the Great Awokening” in a shrewd New York Magazine column this week. He refers, off course, to earlier episodes of American religious hysteria, namely the Great Awakening of the 1730s that featured the Rev. Jonathan Edwards raining sulfur and brimstone down on guilt-wracked New Englanders, and then the Second Awakening of […]


Why is it so Easy to Lie to Us? The Case of Russia and Climategate

Public Policy

Our media feed us routinely with lies and the story of the involvement of the Russian Secret Service with the Climategate hack is just one of them. I thought it was worth discussing it here in light of the fact that it is one of the most blatant lies I could ever find. Also a […]


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Some subversive at the Beeb managed to sneek this enlightened piece past the 'worry censor' :-) Are we on the road to civilisation collapse? bbc.com/future/story/2… via @BBC_Future #collapse #peakoil #climatechange

In context, 11 refineries planned in the US to meet estimated #plastic demand in the US and emerging economies. Remove plastics and one removes a large piece of the business case for #oil. #climatechange #strandedassets #peakoil #ClimateStrike twitter.com/pilitaclark/st…

@WHUT @gpoirier62 @StopTheseThings @RoyPentland There’s plenty of oil. Take off the #peakoil blinders. Where have you been the past 10 years?

Within hours, society breaks down: LAST LIGHT by @AlexScarrow #peakoil wp.me/p5gEM4-1Pn

test Twitter Media - Within hours, society breaks down: LAST LIGHT by @AlexScarrow #peakoil https://t.co/Z6ucpWdmFB https://t.co/yQ7hqnYMdG