The Collapse of Civilization Manifesto
Since the 2008 ﬁnancial crash, the world has witnessed an unprecedented outbreak of social protest in every major continent. Beginning with the birth of the Occupy movement in the US and Western Europe, and the Arab Spring, the eruption of civil unrest has continued to wreak havoc unpredictably from Greece to Ukraine, from China to Thailand, from Brazil to Turkey, and beyond. In some regions, civil unrest has coalesced into the collapse of incumbent governments or even the eruption of a prolonged state of internecine warfare, as is happening in Iraq-Syria and Ukraine- Crimea.
Increasing public dissatisfaction with government is correlated with continued government difﬁculties in meeting public expectations. Yet while policymakers and media observers have raced to keep up with events, they have largely missed the deeper causes of this new age of unrest — the end of the age of cheap fossil fuels, and its multiplying consequences for economic growth, industrial food production, and the Earth’s climate stability.
Failing States, Collapsing Systems, Springer Energy, 2017 How the perception of unfair economic inequality leads to civic unrest Rage at Globalism Is Just the Beginning The Real Roots of American Rage
Three decades ago, a revolution occurred in the world economy. Today, we’re living through its extensive political consequences. This revolution consisted of
Financial services, from banks and hedge funds to trading houses, became the largest industry in the U.S. The impact of this revolution has been incalculable.
Accompanied by the rapid enrichment of a tiny few and stagnation and disappointment for many more. Now the only
growth that remains is selling expensive services to each other. The financial revolution has no solution for stagnant wages, income inequality and job insecurity. The Great Depression 1929–1940 US Economic Growth GDP (1%) The Great Recession 2006–2017 US Economic Growth GDP (1.5%) CBO’s GDP Forecast for the 2018–2028 (1.9%) OECD GDP Per Capita Govt economic advisor warns British defense planners that OECD growth is ending Brexit: stage one in Europe’s slow-burn energy collapse Get Ready for Europe’s Next Crisis Krugman: A Permanent Slump? Ben Bernanke: The US Economy Is Going To Go Off The Cliff In 2020 America’s Real Economy: It Isn’t Booming George Will: Another epic economic collapse is coming The 2020s Might Be The Worst Decade In U.S. History Investors Should Brace for a ‘Frightening’ Recession The Coming Collapse of the American Economic System with Richard Wolff The World and OECD economies (GDP) have been contracting for forty years Global economic growth has peaked, says World Bank Global economy set for decade of gloom as World Bank predicts recovery will fizzle out Satellite data strongly suggests that China, Russia and other authoritarian countries are fudging their GDP reports Global economy is facing a ‘perfect storm’, warns BIS chief World economy at risk of another financial crash, says IMF The world has not learned the lessons of the financial crisis BBC: World Bank warns of ‘darkening skies’ for global economy Experts say US economy not seeing ‘Trump bump’ AP FACT CHECK: So where is Trump’s 3 percent growth? President Trump has made 7,546 false or misleading claims over 700 days US energy consumption has been flat since 2000 US economic growth (GDP) since 2000 is all an illusion
During the mid/late 20th century (1960–1999), a barrel of oil cost $19 on average; during the years immediately prior to the Great Recession (2000–2008), the average price of a barrel of oil had increased to $47; and during the years immediately following the Great Recession (2010–2012), the average price of a barrel of oil had further increased to $81. During the same three time periods, the average price of a metric ton of copper increased from $3,085, to $3,713, to $6,817; the average price of a metric ton of iron ore increased from $36, to $57, to $124; and the average price of a metric ton of potash increased from $114, to $185, to $343. (Prices are inflation adjusted.)
The simple fact is that we cannot grow our global economy and improve our global material living standards on $50 oil, $6,817 copper, $124 iron ore, and $343 potash like we did on $19 oil, $3,085 copper, $36 iron ore, and $114 potash. It should come as no surprise that our Non Renewable Resource-dependent global economy experienced the Great Recession during 2009. Nor should it come as a surprise that we have yet to recover from the Great Recession. Nor will our industrialized and industrializing economies ever recover, so long as price levels associated with the vast majority of Non Renewable Resources remain at their inordinately high levels.
Scarcity: Humanity’s Final Chapter Causes and Consequences of the Oil Shock of 2007–08 (Hamilton 2009) Did the Oil Price Boom of 2008 Cause Crisis? WSJ IEA, IMF From 2007 to 2016, US productivity grew at about 1 percent — a historic low Can Declining Productivity Growth Be Reversed? The Mystery of Declining Productivity Growth US productivity has stagnated for years, and is now expected to decline for the first time in decades Robots Are Now Everywhere, Except in the Productivity Statistics George Will: How technology is hurting U.S. productivity Foreign countries are sapping US productivity, study shows Trump: Since China joined WTO, U.S. has lost 60,000 factories China really is to blame for millions of lost U.S. manufacturing jobs, new study finds U.S. auto industry’s record sales streak snapped in 2017 Honda to shift production of SUV to China from US amid trade war Auto loan delinquency rates are worse now than during the financial crisis Trump, tweets couldn’t save U.S. auto jobs in 2017 How GE Went From American Icon to Astonishing Mess America’s oldest gunmaker Remington files for bankruptcy after 200 years in business Gibson guitar company facing bankruptcy after 116 years Tariffs Unlikely to Bring Back Many U.S. Blue-Collar Jobs, Study Finds ‘Deep’ Subprime Car Loans Hit Crisis-Era Milestone Subprime Auto Defaults Are Soaring, and PE Firms Have No Way Out Smaller Subprime Auto Lenders Are Starting to Fold U.S. used-car glut is a dealer’s dream, automakers’ nightmare Harley-Davidson, a U.S. icon, highlights offshoring’s perils Hundreds Of Carrier Factory Jobs To Move To Mexico Harley-Davidson will ship work to Thailand from closing U.S. plant Uber Is Headed for a Crash Tesla Is ‘Structurally Bankrupt’ But So Are GM And Ford GM to lay off up to 14K workers, close as many as 5 plants Morgan Stanley Predicts Ford to Cut 25,000 Jobs in Overhaul Ford to move all small car production to Mexico ‘A kick in the stomach’: massive GM layoffs leave workers distraught — and angry The Next American Car Recession Has Already Started Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump’s Trade Tariffs, Report Says As GM union faces big job losses, South Koreans turn cold shoulder Economist: Expect more GM layoffs after plant closures, car eliminations In Mexico, $2-per-hour workers make $40,000 SUVs Ford to cut jobs in Europe, announces talks with labor, expects VW tie Detroit in ruins: the photographs of Yves Marchand and Romain Meffre Tesla Model 3 Costs More To Charge Than A Gasoline Car As Tesla Struggles, Its Rivals Make Far More With Less Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies Lawrence Solomon: How Tesla’s Elon Musk became the master of fake business Former GM vice chair: I think Tesla is doomed Tesla Doesn’t Burn Fuel, It Burns Cash UM Economists: GM layoffs could cost Michigan 16,000 jobs The rise and fall of Subway, the world’s biggest food chain Why so many restaurants are filing for bankruptcy Up to 120 more Applebee’s and IHOP restaurants will close, signaling a big shift Workers Say McDonald’s Isn’t Keeping Up With Rising Local Wages Wendy’s to Install Self-Ordering Machines in 1,000 Stores Buffalo Wild Wings Cuts Jobs Amid Rising Labor, Wing Prices Outback Steakhouse, Carrabba’s, Bonefish Grill, and Fleming’s Steakhouse chains, has announced plans to close multiple restaurants. Owner of Romano’s Macaroni Grill Files for Bankruptcy The Amazon Era: No Profits, No Problem Bernie Sanders says Amazon paid no federal income tax in 2017. He’s right The Life and Death of an Amazon Warehouse Temp ‘A sweatshop firing on all cylinders’: what it’s like to work at Amazon at Christmas Inside Amazon: Wrestling Big Ideas in a Bruising Workplace Amazon warehouses don’t increase jobs: study Is it Prime Time for an Amazon Dividend? Amazon is using classic anti-union language with workers at Whole Foods Amazon is using an unfair advantage to dominate its competitors I Used to Write for Sports Illustrated. Now I Deliver Packages for Amazon ‘We are not robots’: Amazon warehouse employees push to unionize Fed Interest Rates There is only one country in the world where negative interest rates are working Peter Schiff says ‘we’re in a house of cards that the Fed built’ Central banks are printing money as though the global economy is in freefall $12 trillion of QE and the lowest rates in 5,000 years … for this? Unwinding QE could trigger financial crisis, warns JP Morgan How Stimulus Made a Soft Landing Harder Easy Money of Stimulus Made Life Harder for Some Bank of England’s recovery policies have increased inequality, finds S&P How The Fed Is Helping To Rig The Stock Market US companies have spent record $4T buying back their own stock since 08 Companies buying back their own shares is the only thing keeping the stock market afloat right now Stock market to get $1 trillion boost via buybacks, says Goldman Why the buyback frenzy may be bad for U.S. stock investors Corporate America is spending more on buybacks than anything else Are Stock Buybacks Starving the Economy? The sub-prime timebomb is back — this time companies are lighting the fuse Stock buybacks, explained When The Stock Buybacks Go Bye-Bye Debt-financed share buybacks have turned the stock market into a high-risk ‘CDO residual’ America’s companies have binged on record amount of debt; a reckoning looms Remember the subprime mortgage mess? $1.2 trillion in risky corporate debt is flashing similar warning signs Corporate Debt Is Reaching Record Levels Does the corporate debt mountain pose an avalanche risk? ‘Big Short’ investor Steve Eisman just joined those sounding the alarm on rising corporate debt The Next Recession: Mark Zandi says corporate debt could cause ‘reckoning’ When Blue Chip Companies Pile on Debt, It’s Time to Worry US commercial bankruptcies are soaring A $9 trillion corporate debt bomb is ‘bubbling’ in the US economy Investors to Corporate America: You’ve got a debt problem Corporate Debt Crises Could Come Faster and Harder After PG&E, keep an eye on corporate debt Gundlach’s warning on ‘ocean of debt’ adds to worries over corporate bonds Goldman Sachs is worried big companies are stifling competition, holding down wages and growth. The Entire Economy Is MoviePass Now. Enjoy It While You Can. A call to save democracy by battling monopolies Companies’ pursuit of high profits is making the rich richer at everyone else’s expense, according to new research Economists Get Serious About the Harm From Monopolies Big companies are crushing their competition in the US, and it’s creating a dangerous ‘fake capitalism’ that hurts workers and consumers Wolf of Wall Street’s Jordan Belfort: ‘The lessons of the crash have been forgotten’ Bill Gates: We will have another financial crisis like the one in 2008 — it’s a ‘certainty’ Share price valuations are at levels not seen before except in 2000 and in 1929 — the dotcom bubble and the Wall Street Crash 1929. Nobel Prize-winning Economist Robert Shiller, The stock market today is similar to the market in 1928 Perfect storm’: Global financial system showing danger signs, says senior OECD economist Markets are ignoring ‘major risk’ of rising interest rates and end of QE, warns Citigroup The Federal Reserve inflated stock prices for years — now comes the scary unwinding World financial structure ‘unstable’ Janet Yellen Warns Another Financial Crisis Could Be Brewing Alan Greenspan has a new warning for investors: ‘Run for cover’ Disaster Is Inevitable When America’s Stock Market Bubble Bursts World unprepared for slowdown, says IMF’s David Lipton Why Economists Failed to Predict the Financial Crisis The Financial Crisis and the Systemic Failure of Academic Economics (Colander 2009) IMF shows poor track record at forecasting recessions Why the Phrase ‘Late Capitalism’ Is Suddenly Everywhere American Capitalism Isn’t Working. Hedge fund billionaire Ray Dalio: ‘Capitalism basically is not working for the majority of people’ Happy Birthday, Karl Marx. You Were Right! Rulers of the world: read Karl Marx! The world is finally ready for Marxism as capitalism reaches the tipping point Marx predicted our present crisis — and points the way out Is Capitalism a Threat to Democracy? Exposing the great ‘poverty reduction’ lie World’s 26 richest people own as much as poorest 50%, says Oxfam Richest 1% on target to own two-thirds of all wealth by 2030 World’s witnessing a new Gilded Age as billionaires’ wealth swells to $6tn Credit Suisse: The world’s wealthiest 1% own half of the worlds wealth These charts show the extreme concentration of global wealth The mathematical law that shows why wealth flows to the 1% Real Median Household Income in the United States In the past, median income rose in line with GDP. Yet since 2000, median income has stagnated Middle class no longer dominates in the U.S. The average American household carries $137,063 in debt, according to the Federal Reserve Almost 80% of US workers live from paycheck to paycheck Compensation of Employees: Wages and Salary Accruals/Gross Domestic Product Living paycheck to paycheck is disturbingly common: “I see no way out.” Americans see themselves in debt forever, even as they continue to borrow The top 1% of households own more wealth than the bottom 90 per cent. The richest 1% own 50% of stocks held by American households Gap between rich and poor growing, fueling global anger: Oxfam Most Americans Received No Pay Increase In 2018 Feeling poorer? That’s because “real” wages fell last year ( The Shrinking Middle Class: The Current State of Affairs Bill Gates, Jeff Bezos and Warren Buffett are wealthier than poorest half of US US wealth inequality — top 0.1% worth as much as the bottom 90% Almost half of US families can’t afford basics like rent and food In America, inequality begins in the womb Extreme Inequality: 44% of US adults cannot cover an emergency expense costing $400. UN Special Report Top 1.0 percent reaches highest wages ever — up 157 percent since 1979 Politicians have caused a pay ‘collapse’ for the bottom 90 percent of workers, researchers say Adjusted for inflation, the federal minimum wage is worth less than 50 years ago The Wealth Gap in the U.S. Is Worse Than In Russia or Iran 78% of Americans live paycheck to paycheck Our Broken Economy, in One Simple Chart Get Rich, Live Longer: The Ultimate Consequence of Income Inequality American’s personal savings is near an all time low Human health and the Great Recession Nearly 1 In 4 Feel They’ll Never Escape From Significant Debt The 1% grabbed 82% of all wealth created in 2017 A new billionaire is minted every 2 days as the poor lose wealth Here’s how the global financial crisis is still affecting your wages World’s eight richest people have same wealth as poorest 50% CEOs earn 361 times more than the average U.S. worker Most Americans live paycheck to paycheck Dimon, Schwarzman and Other Davos A-Listers Add $175 Billion in 10 Years The World Income Database found the U.S. has the highest inequality among all Western countries The decline of African-American and Hispanic wealth since the Great Recession Declining wages across all Education levels Declining Union Membership VS Income Inequality The share of national income accruing to labor is hovering around record lows USA Income inequality vs Political Polarization Polarized Americans Rate Environment Worst since 2009 –Gallup For the first time since the 1940s, Americans have been asking: Can it happen here? Obama warns: if America stays so divided, our democracy and economy won’t survive Study: US is an oligarchy, not a democracy The Global Rise of ‘Us vs. Them’ Politics How America’s identity politics went from inclusion to division Why is it so stressful to talk politics with the other side? Alec Baldwin: ‘We Need To Overthrow The Government’ ‘American War’ — a grim novel about a second American Civil War Former McCain adviser: Trump has ‘stoked a cold civil war’ in America Slow motion civil war Is a Second American Civil War Likely? 31% of Americans Think So I think we’re at the beginning of a soft civil war Russian Official Cancels US Visit, Saying ‘Second American Civil War’ Is Underway Is America headed for a new civil war? Fury, violence and now bombs show a US deeply divided Is America headed for civil war? Another ‘Civil War’? Pessimism About Political Violence Deepens In A Divided Nation What are the chances that America’s disunion turns into Civil War? A New American Civil War Feels Closer Than Ever After Pittsburgh Iowa Rep. Steve King says America is heading toward another civil war Is America Headed for a New Kind of Civil War? Clinton, Obama, Soros and CNN mailings mark trail to civil war Is America headed toward a civil war? Sanders, Nielsen incidents show it has already begun Is France showing us what America’s next civil war will look like? The country is hopelessly split. So why not make it official and break up? The worst American politics since the Civil War How a Real Civil War Between Rich and Poor Could Actually Happen The Only Thing, Historically, That’s Curbed Inequality: Catastrophe Is Nuclear War the Only Cure for Inequality? Source: BLS
The labor participation rate across the world is dropping rapidly. You may be inclined to believe the official unemployment numbers, but, they are a poor indicator of
employment statistics. Let us take the United States as an example. The labor participation rates have dropped way below the rates when 1980’s recession unfolded. Don’t believe the lies about the US being at ‘full employment’ The Big Lie: 5.6% Unemployment — Gallup Over 20% of Americans in their prime working years (between the ages of 25–54) do not have a job Almost all the US jobs created since 2005 are temporary The lost decade for the economy The outlook is dim for Americans without college degrees More on the ‘lie’ behind the unemployment numbers Unemployment in the UK is now so low it’s in danger of exposing the lie used to create the numbers Automation has hurt labor-force participation, and it’s going to get worse, IMF finds Robots are hurting middle class workers, and education won’t solve the problem, Larry Summers says Automation could kill 73 million U.S. jobs by 2030 How Technology Is Destroying Jobs — MIT New Oxford study shows nearly half of US jobs at risk of computerization Small cities face greater impact from automation Rise of the Robolawyers Walmart’s Future Workforce: Robots and Freelancers The “skills gap” was a lie Automation and anxiety The robots are coming — for as many as 800 million jobs What if jobs are not the solution but the problem These Are the 12 Employers Who Have Laid Off the Most Workers This Year Amazon lays off hundreds of employees Tech layoffs surged in 2016, and 2017 doesn’t look much brighter Goldman Sachs Announces Its Biggest Layoffs Since Financial Crisis IBM Layoffs 2018: What We Know About the Job Cuts Cisco’s Layoffs Are Just the Tip of the Spear for Tech Harley-Davidson to cut U.S. manufacturing jobs Microsoft plans thousands of job cuts Apple Plans to Cut Back on Hiring Due to iPhone Sales Struggles Walmart is reportedly planning to cut over 1,000 corporate jobs Caterpillar announces undisclosed number of layoffs Lego to cut 1,400 jobs and ‘reset company’ after sales drop GE Is Laying Off 12,000 People From Its Power Business Kellogg job cuts are ‘devastating news’ -Union Pfizer Expecting Layoffs as it Ends Alzheimer’s Drug Research AT&T Preps for New Layoffs Despite Billions in Tax Breaks and Regulatory Favors Toys ‘R’ Us lays off 31,000 employees: No job and no severance Barnes & Noble Is Laying Off Workers Amid Declining Sales Kleenex and Huggies Maker to Cut More Than 5,000 Jobs State Farm to Close 11 Offices, Cut Some 4,200 Jobs, After 2016 $7B Loss Macy’s is closing 68 stores — laying off around 4,000 employees Lowe’s Will Lay Off More Than 500 Workers Homeless People Outside New York City Are Pushing for More Help U.S. homeless population tops 550,000 — with Los Angeles seeing ‘26%’ spike 1 in 7 New York City Elementary Students Will Be Homeless, Report Says L.A.’s Homelessness has surged 75% in six years How rising rents contribute to homelessness 1 in 5 L.A. community college students is homeless, survey finds Homelessness Rises Slightly, Federal Report Finds Thanksgiving help for the homeless: ‘We haven’t seen numbers like this since the Great Depression’ Indianapolis Homeless population on the rise as mayor challenges community to curb issue The impact homelessness and the opioid crisis are having on San Francisco streets L.A.’s Housing Crisis Hits Hollywood: The Entertainment Workers Living in Their Cars Atlanta’s homeless population triples as officials move them into the Airport Homeless population up in the panhandle U.S. homeless shelters overwhelmed in brutal weather Silicon Valley — working and homeless Seattle’s homeless population grows more than 40-percent in two years A record number of homeless people died in Seattle in 2017 Letter Promising to ‘Beat’ and “Burn” Homeless People in San Francisco Strikes Fear Revealed: homeless people given one-way tickets to other areas Homeless family of 4 found dead in parked van “It was the hardest week of my life” Executive Director of Homeless Shelter spends week homeless Homeless man dies on ‘doorstep’ of Houses of Parliament Chart Source Distressed Communities: Map of Unemployment Rate, Education, Housing, and Poverty by Congressional District US has regressed to developing nation status, MIT economist warns Almost half of US families can’t afford basics like rent and food Extreme poverty in America: read the UN special monitor’s report Childhood poverty has a lasting impact on developing brain, finds study There are over 43 million people currently living in poverty in the United States At least 1.5 million households in the United States with about 3 million children are surviving on cash incomes of no more than $2 per day Extreme poverty has nearly doubled since major welfare reform efforts in the 1990s Poverty is moving to the suburbs. The war on poverty hasn’t followed A Shocking Number of American Families Can’t Afford Diapers Child poverty in the U.S. is among the worst in the developed world This Week in Poverty: US Single Mothers — ’The Worst Off’’ The Kaiser Family Foundation has poverty rates at 27% for African Americans and 24% for Hispanics The Number Of Americans Living In Their Vehicles “Explodes” As The Middle Class Collapses
China was barely a statistical rounding error in 1978, with less than 1 percent of global trade, China rose to become in 2013 the world’s leading trading nation with almost a quarter of its annual flows. Nothing on this scale or speed has been witnessed before in history. Since 1970, Asia’s per capita incomes have increased fivefold. Even in Africa, the world’s worst performing continent, incomes have almost doubled. The west’s median income, meanwhile, has barely shifted in the last half century.
In arguing for China’s entry to the World Trade Organization, Bill Clinton, the then US president, said globalization was ‘the economic equivalent of a force of nature, like wind or water’. In addition, he argued that China’s entry would reduce America’s bilateral trade defect by binding China to lower tariff rates on its imports. Following China’s WTO accession in 2001, America’s trade defect with China has leapt almost five fold. It is clear, in retrospect, that Beijing had better grasp of the global economy’s dynamics than Washington.
In terms of purchasing power parity — measured by what you can buy in the local currency — China economy surpassed the US in 2014. Within a decade, give or take a few years, China will overtake America on more conventional dollar measures. By 2050 — a century after its communist revolution — China’s economy is likely to be twice the size of America’s and larger than all the Western economies combined. And by then, even India’s economy will be roughly the same size as America’s.
The Retreat of Western Liberalism Atlantic Monthly Press, New York, 2017 Economic Mobility studies show it’s harder to climb the economic ladder in America than in Europe, and twice as hard as in Canada. An alarming number of Americans are worse off than their parents and we’re not talking about it More Than Half Of All College Grads Are Working Jobs That Don’t Even Require A Degree Half Of College Grads Are Working Jobs That Don’t Require A Degree Will more higher education improve economic growth? The economics of higher education Petroleum engineering degrees seen going from boom to bust Students are turning to sex work for extra money but experts warn universities are ignoring the issue U.S. Student Loan Debt Sets Record $1.5 trillion, Doubling Since Recession The looming student loan default crisis is worse than we thought Federal Reserve chairman: Mounting student debt could hold back economic growth What a Student Loan ‘Bubble’ Bursting Might Look Like Student debt may inch the US towards the next crisis Fed Says Student Debt Has Hurt the U.S. Housing Market Janet Yellen warns student debt may be holding back housing recovery This Economic Bubble Is Going to Wreak Havoc When It Bursts Rural America’s “brain drain”: How student debt is emptying small towns Think college students are privileged? Nearly a third are hungry and homeless The financial crisis is far from over for students Millions of College Students Are Going Hungry: A new government report highlights just how pervasive the problem is Who Foots the Bill? Families Fight Over College Debt Percentage of Young Americans Living With Parents Rises to 75-Year High Millennial households are poorer than any other generation: Study Millennials born in 1980s may never recover from the Great Recession Millennials are killing countless industries — but the Fed says it’s mostly just because they’re poor Me and my quarter-life crisis: a millennial asks what went wrong Millennials struggle to afford homes over high debt, no savings Some millennials aren’t saving for retirement because they don’t think capitalism will exist by then Millennials say anxiety about money is literally making them sick Young People have never been unhappier, research suggests 1 in 5 millennials with debt expect to die without ever paying it off How Millennials Became The Burnout Generation Millennials Didn’t Kill the Economy. The Economy Killed Millennials. Home ownership among young adults has ‘collapsed’, study finds A $21,000 Cosmetology School Debt, and a $9-an-Hour Job Millennials are spending an insane amount on rent 66% of Millennials have nothing saved for retirement. Poll: Majority of millennials are in debt, hitting pause on major life events Hollywood is suffering its worst-attended summer movie season in 25 years 2017 was the worst year for Hollywood movie ticket sales in the US in over two decades U.S. Real Estate 25% to 60% Overvalued: Analyst Housing market reminiscent of 2006 bubble, ready to burst — Nobel Prize-winning economist Robert Shiller You need to earn $418,000 to buy home in NYC. Here’s what you need in other major US cities Higher home prices mean more Americans struggling to afford homes near work San Francisco’s Median House Price Hits a New High: $1.6 Million Home prices soar high as Federal Reserve hopes to avoid big crash New York’s luxury real estate market is in correction The same house costs $500,000 more to build in California than Texas Rising Home Prices Push Borrowers Deeper Into Debt Median income insufficient to buy a home — even cheap ones, Zillow reports U.S. Fertility Rate Reaches a Record Low The U.S. birthrate hits another record low. Even women in their 30s are having fewer babies The Relentlessness of Modern Parenting US population growth hits 80-year low, capping off a year of demographic stagnation Americans aren’t making enough babies to replace ourselves Hackers breach dozens of voting machines brought to conference Russians compromised election systems in seven states When Russian hackers targeted the U.S. election infrastructure Top-Secret NSA Report: Details Russian Hacking Effort Days before 2016 Election How America Lost Its Mind How Americans Began Denying Reality Itself Science journalist retires at 98 and warns of Americans who suffer from a ‘thinking disability’ Researchers find IQ scores dropping since the 1970s ‘Never underestimate human stupidity,’ says historian whose fans include Bill Gates and Barack Obama Actual Journalism Is Under an Asymmetrical Attack Religious fundamentalists and dogmatic individuals are more likely to believe fake news, finds a new study Fake news sharing in US is a rightwing thing, says Oxford study Older people, conservatives more likely to share fake news: study Study: Fake news may have won Trump the election UN Special Rapporteur: Donald Trump ‘worst perpetrator’ of fake news 59 percent of Americans consider this the lowest point in US history Americans are more anxious than before The US spends more money on their military (about $610 billion this year) than the next seven countries combined. War Spending Could Bankrupt America. The US Department of Defense is the Worlds Largest Employer The US is the Worlds Largest Arms Dealer MSU Scholars find $21 Trillion in Unauthorized Government Spending Chinese billionaire Jack Ma says the US wasted trillions on warfare instead of investing in infrastructure The Pentagon’s doctored ledgers conceal epic waste The Pentagon Doesn’t Know Where Its Money Goes The United States Has a Superb Military That Never Gets the Job Done The Pentagon spends more on war than all 50 states combined spend on health, education, welfare, and safety. Pentagon Video Warns of “Unavoidable” Dystopian Future for World’s Biggest Cities Trump Finds Reason for the U.S. to Remain in Afghanistan: Minerals The US government spends $20 billion annually just to provide air conditioning for military installations in Iraq and Afghanistan. In essence, what we’re doing is “we’re air conditioning the desert A government audit, found that defense contractor Boeing has been massively overcharging taxpayers for mundane parts, resulting in tens of millions of dollars in overspending. Once all the expenses of delivering gas to troops in the field are factored in, we’re paying between $18–30 per gallon for gas in Iraq and Afghanistan. US military ‘could lose its next war’ with Russia or China, warns Rand Corporation Army Study: US strategy to ‘dethrone’ Putin for oil pipelines might provoke WW3 Pentagon bracing for public dissent over climate and energy shocks Libya in chaos since overthrow of Kadhafi US ‘might lose’ war against China or Russia, report to Congress says The US has the largest federal debt in the entire world The Debt Threat to the Economy Gundlach Warns U.S. Economy Is Floating on ‘an Ocean of Debt’ Janet Yellen: A debt crisis is coming Fed Chairman Powell says he is ‘very worried’ about growing amount of U.S. debt In a decade, the federal debt held by the public will reach nearly $82,000 per American US National debt rose to record high $21.974 trillion at the end of 2018 As Debt Rises, the Government Will Soon Spend More on Interest Than on the Military Federal Budget Deficit Projected to Soar to Over $1 Trillion in 2020 Trump shrugs off future debt crisis: ‘I won’t be here’ US national debt rises $2 trillion under Trump US GDP Minus Debt US Debt VS Full Time Jobs Created Just Four Large Countries Have a Higher Debt Burden Than the U.S. Debt Denial Is a Threat to America Top Economist: America: The Future Looks Broke
Professor Laurence Kotlikoff from the University of Boston is, according to The Economist, one of the 25 most influential economists in the world. He says America’s official debt paints an untrue fiscal picture.
“The problem is the official debt is only the debts that politicians decide to put on to the books. Politicians are able and free to put whatever they want on to the books and keep other things off the books.” What doesn’t get recorded is the value of all future government liabilities and the value of all future receipts, what he calls fiscal gap accounting. Future liabilities would be social security benefits, pensions, health care benefits and defence. These liabilities minus future receipts gives the true picture, Kotlikoff says.
“For the US, the fiscal gap is not $US20 trillion, which is the size of the official debt, but it’s
$US200 trillion, ten times larger. So the country’s bankrupt.” The world is drowning in debt, warns Goldman Sachs The World Is Drowning in Debt Rising Emerging-Market Debt Sparks Anxiety China central bank chief warns of ‘Minsky moment’ China’s grand plan hit by delays and debt fears Debt, Not Trade War, Is China’s Biggest Problem As China’s debt soars, the market for buying bad loans revs up China’s Silk Road Isn’t So Smooth China’s looming great wall of debt may have ‘major global implications’ George Soros warns the European Union is on the brink of collapse — and Trump is partly to blame Italy could blow up Europe as we know it
Government Intervention is triggered by a Keynesian belief that aggregate demand can be increased by lower interest rates and by increasing government deficits thereby somehow spurring economic growth. Debt grows faster than income growth and eventually has to be restructured, i.e., everyone loses in the end. Since 2007,
global debt has grown by US$57 trillion and it’s had disastrous results. Greece, Detroit, Puerto Rico, Venezuela are just the beginning of this trend. Soon, it will be followed by larger countries like China and United States. ‘WORSE THAN 2007’: Top central banker warns of looming wave of worldwide bankruptcies Why we should all be worried about the global economy Global debt rose to $237 trillion in 2017, highest level on record Debt Worldwide Hits Record $184 Trillion, or $86,000 Per Person World Bank CEO Adds to Voices of Worry Over Global Debt Pileup A Worldwide Debt Default Is Coming How global debt has changed since the financial crisis Beware: The worldwide debt monster is rearing its ugly head Global debt ticks up, just shy of record high -IIF Retail defaults soar to record high in 2018 A Nation of Broke People Are Killing Retail More Than Amazon: Top Expert Don’t Blame Amazon for the Retail Apocalypse Online sales only make up 9 percent of all retail sales in America America’s ‘Retail Apocalypse’ Is Really Just Beginning Europe’s Retail Apocalypse Spreads to Online From Stores J.Crew is kicking off 2019 with a set of store closings The continuation of the ‘retail apocalypse’: Retailers closed thousands of stores in 2018 Sears plans to liquidate after 126 years in business What in the World Is Causing the Retail Meltdown of 2017? A tsunami of store closings is about to hit the US — and it’s expected to eclipse the carnage of 2017 Retailers Are Going Bankrupt at a Record Pace More than 6,300 stores are shutting down — here’s the full list JCPenney stock falls below $1 for the first time ever Owners of failing malls ‘on their knees’ as buyers disappear Mall Vacancies Reach Six-Year High as Retail Slump Batters Local Economies Around half of all shopping Malls in America are scheduled to close by 2023 This Mall Is Only for the Rich, and It’s Doing Fine Victoria’s Secret to close 20 stores in 2018 Online sales only make up 9 percent of all retail sales in America. The Big Mac index More Americans Are Getting Their Electricity Cut Off The Fed says inflation is low but you don’t agree. Why Your Water Bill Is Rising Much Faster Than Inflation Drug companies greet 2019 with U.S. price hikes on more than 250 prescription drugs Higher tuition fees are distorting the choices poorer students make 10 charts that show the effect of tuition fees Affordable Water in the US: A Burgeoning Crisis Big Pharma returning to U.S. price hikes in January after pause When companies raise prices, they make the rich richer at everyone else’s expense, study finds The U.S. healthcare system: ranked worst in the developed world U.S. Health Care Spending Highest Among Developed Countries Why private, for-profit health care is a terrible idea World Health Organization — World Healthcare Rankings: United States (37) Medical Bills Are the Biggest Cause of US Bankruptcies: Study Why medical bills in the US are so expensive Big Pharma shells out $20B each year to schmooze docs, $6B on drug ads U.S. health care industry spends $30 billion a year on marketing A $20,243 bike crash: Zuckerberg hospital’s aggressive tactics leave patients with big bills Two-thirds of Americans see docs who got paid by drug companies Dollars for Docs -ProPublica What It’s Like Living Without Health Insurance in America Majority of Americans are one medical emergency away from financial ruin The health care industry is bound to collapse soon, experts say Here’s how much being unhealthy will cost you CDC banned from using ‘evidence-based’ and ‘science-based’ in official documents: report The Disappearing Doctor: How Mega-Mergers Are Changing the Business of Medical Care Former pharma CEO pleads guilty to bribing doctors to prescribe addictive opioids Why do poor Americans eat so unhealthfully? Because junk food is the only indulgence they can afford Americans Are Shrinking, While Chinese And Koreans Sprout Up Why the Wealthy Are Healthy Wealth secures health Physicians, Depression and Burnout US infrastructure report card: D+ America’s infrastructure is falling apart — here’s a look at how bad things have gotten More than 50,000 American bridges are falling apart The State of U.S. Infrastructure -Council on Foreign Relations Major Power Outages In New York City, San Francisco Come Amid Worries About Failing Infrastructure US cities may have to be bulldozed in order to survive America’s Virtual Border Wall Is a 1,954-Mile-Long Money Pit U.S. electricity blackouts skyrocketing Chevron CEO warns US shale oil alone cannot meet the world’s growing demand for crude Schlumberger CEO: Can U.S. shale meet future global oil demand? Shale Oil Will Boost U.S. Production, But It Won’t Bring Energy Independence It takes 2,500 shale wells a year just to sustain output of 1 million barrels a day in North Dakota’s Bakken shale, according to IEA. Iraq could do the same with 60 conventional wells. Firms that burn up $1bn a year are sexy but statistically doomed Problems for US Producers at $50 More than 75% of dedicated US shale oil companies are unprofitable Fracing’s Secret Problem — Wells Aren’t Producing as Much as Companies Forecast U.S. Oil Has One Fatal Weakness BP questions pace of US tight oil growth as productivity fades The IEA is grossly overestimating shale growth Peak U.S. Shale Could Be 4 Years Away Is Peak Permian Only 3 Years Away? BP questions pace of US tight oil growth as productivity fades Shale Skeptic Forecasts Imminent Demise for Permian and Eagle Ford Shale Produces Oil, Why Not Cash? U.S. Shale Has A Glaring Problem Big Fracking Profits at $50 a Barrel? Don’t Bet on It Shale Trailblazer Turns Skeptic on Soaring U.S. Oil Production Is Wall Street Funding A Shale Failure? Hedge fund star David Einhorn calls fracking companies a joke How the Financial Crisis Created the Fracking Revolution Wall Street Tells Frackers to Stop Counting Barrels, Start Making Profits The Next Financial Crisis Lurks Underground Could Fracking Industry Debt Trigger a Financial Crisis? The Shale Gas Revolution Is A Media Myth Insider Documents: Industry Privately Skeptical of Shale Gas US Shale: How Smoke And Mirrors Could Cost Investors Millions US shale investors still waiting on payoff from oil boom US Real Cost per Crude Oil, Natural Gas, and Dry Well Drilled -EIA As M. King Hubbert (1956) shows, peak oil is about discovering less oil, and eventually producing less oil due to lack of discovery. Oil discoveries in 2017 hit all-time low –Houston Chronicle All-Time Low For Discovered Resources in 2017: Around 7 Billion Barrels of Oil Equivalent Global crude oil discoveries plunge to record low, and it’s gonna get worse Warning of oil shortages as discoveries fall to record low Oil Discoveries at 70-Year Low Signal Supply Shortfall Ahead The Oil Industry Needs Large New Discoveries, Very Soon Peak Oil & Drastic Oil Shortages Imminent, Says IEA There will be an oil shortage in the 2020’s, Goldman Sachs says Growing demand for oil will lead to shortage and high prices in 2020s Sleepwalking Into The Next Oil Crisis Is An Oil Supply Crunch Inevitable? The Inevitable Oil Supply Crunch Oil Executive: Industry Needs To Find ‘Another Iraq Or North Sea’ Every Year To Meet Demand Growth IEA Chief warns of world oil shortages by 2020 as discoveries fall to record lows Oil price will soar without investment in capacity, says watchdog International Energy Agency: Oil price spike coming in 2020 Saudi Arabian oil reserves are overstated by 40% — Wikileaks Saudi Arabia’s Energy Minister Warns of World Oil Shortages Ahead Saudi Aramco chief warns of looming oil shortage Saudi Aramco CEO believes oil shortage coming despite U.S. shale boom Saudi Aramco CEO sees oil supply shortage coming as investments, discoveries drop Saudi Arabia ‘may run out of oil to export by 2030’ The collapse of Saudi Arabia is inevitable An oil crisis may be brewing — and it’s not because of decreasing demand 10 Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC The underinvestment could cause a super-spike “potentially much larger than” $150 a barrel. UAE warns of world oil shortages ahead by 2020 due to industry spending cuts Halliburton CEO says oil will spike due to oil shortages by 2020 after Industry Cuts Total CEO warns we are going to have oil shortages around 2020 due to lack of investment & new discoveries Repsol boss warns of oil supply crunch after spending squeeze Wood Mackenzie warns of oil and gas supply crunch Permian Won’t Be Enough — Prepare for Supply Gap and ‘a Decade of Disorder’ Oil shortages could push prices all the way to $80, commodities expert says Oil is escaping from ‘purgatory,’ as supply fears shift from glut to shortage World Oil Shortages To Lead To Oil Price Spike By 2020s, warns Goldman Sachs VP UBS Global Bank warns of industry slowdown and world Oil Shortages by 2020 The underinvestment could cause a super-spike “potentially much larger than” $150 a barrel. Citigroup CEO Ed Morse warns of oil shortages coming soon 2020s To Be A Decade of Disorder For Oil All That New Shale Oil May Not Be Enough as Big Discoveries Drop Wood Mackenzie warns of oil supply crunch and world oil shortages around 2020 People are almost completely ignoring a looming crisis for oil Energy watchdog warns oil and electricity shortages could develop as investment falls Opec believed to overstate oil reserves by 70% How an oil glut could swiftly turn to an oil shortage — Houston Chronicle IEA: Warning: Oil supplies are running out fast Why investors’ should brace for a devastating oil shortage ahead The decline of the world’s major oil fields North Dakota Department of Mineral Resources Director “We could have worldwide oil crisis by 2021” 50% Of Proved Oil Reserves May Have Just Vanished It Will Take 131 Years To Replace Oil, And We’ve Only Got 10 IEA: Russia’s oil output to reach its peak in 2020 Russia’s Peak Oil Production Could Be Just Three Years Away Russia plans to reduce oil production in 2022 Mexico Oil Reserves Gone in 9 Years Without New Finds Imminent peak oil could burst US, global economic bubble — study Peak Oil And The Fall Of The Soviet Union: Lessons On The 20th Anniversary Of The Collapse Peak Oil May Be Imminent (Reynolds 2015) International Association for Energy Economics Peak oil is not a myth -The Royal Society of Chemistry The future of oil supply –The Royal Society of Science Has Petroleum Production Peaked, Ending the Era of Easy Oil? Predicting Peak Oil (Hall 2016) Science Peak Oil may keep Climate Change in Check A Regional Oil Extraction and Consumption Model. (Dittmar 2017) HSBC Global Bank: 81% of world liquids production already in decline and world oil shortages ahead A global energy assessment (Jefferson 2015) World’s oil supply gone by 2041, study says Oil’s Tipping Point Has Passed (James Murray & Sir David King 2012) World Oil Production 2018–2050: World Energy Annual Report Projection of World Fossil Fuels by Country (Mohr, 2015) Economic Vulnerability to Peak Oil (Kerschner 2013) Limitations of Oil Production to the IPCC Scenarios: The New Realities of US and Global Oil Production (Murray 2016) We’re still on the slippery slope to peak oil Oil shortages, climate change and collective action ( Newberry 2011) Energy and the food system (Woods 2010) The implications of the declining energy return on investment of oil production (Murphy 2014) Decline and depletion rates of oil production: a comprehensive investigation (Hook 2014) Energy Returns and the Long-run Growth of Global Industrial Society (Andrew 2017) Oil Extraction, Economic Growth, and Oil Price Dynamics (Schindler 2017) Economic Consequences Of Peak Oil For The Major Multinational Oil And Gas Companies (Amate 2018) EROI of different fuels and the implications for society (Hall 2014) Energy Expenditure, Economic Growth, And the Minimum EROI of Society (Fizaine 2016) Forecasting OPEC crude oil production using a variant Multicyclic Hubbert Model (Ebrahimi 2015) Aging giant oil fields produce more than half of global oil supply and are declining (Hook, 2009) Global oil depletion: A review of the evidence (Sorrell 2010) Forecast for US oil and gas production (Laherrère & Hall 2018) Forecasting the limits to the availability and diversity of global conventional oil supply: Validation (Perez 2014) The End of Peak Oil? Why this topic is still relevant despite recent denials (Chapman, 2014) IMF: The Future of Oil — Geology vs Technology Energy and public health: the challenge of peak petroleum (Frumkin H 2009) USA DOE Study: Peaking of World Oil Production (Hirsch, 2005) USA GAO Study: Uncertainty about Future Oil Supply. Addressing a Peak and Decline in Oil Production Australian Government (Leaked) Study: concludes world peak oil around 2020 German Military (leaked) Peak Oil study: oil is used in the production of 95% of all industrial goods, so a shortage of oil would collapse the world economy & world governments China Government Study: China’s Oil Production is About to Peak in 2018 & Coal in 2020 (Wang, 2017) Edinburgh Study: Only 10 years of UK’S North Sea Oil and Gas Remaining (Thompson, 2017) Russian Oil Production Outlook to 2020 Shell forecasts global Natural Gas supply shortage in mid-2020s Chevron expects global Natural Gas supply shortage by 2025 RYSTAD: Major Natural Gas Shortage Increasingly Likely Europe’s Biggest Natural Gas Producer Is Running Out of Fuel Natural gas as answer to oil decline could lead to catastrophe, says leading expert US ‘asleep at the wheel’ as nuclear industry faces collapse while climate change looms The coming nuclear energy crunch The end of cheap uranium (Dittmar 2013) Can The U.S. Keep Its Nuclear Industry Afloat? Renewable energy ‘simply won’t work’: Top Google engineers Solar and Wind produced less than one percent of total world energy in 2016 — IEA WEO 2017 It Will Take 131 Years To Replace Oil, And We’ve Only Got 10 Warning of shortage of essential minerals for laptops, cell phones, electric cars, solar panels, wiring We Might Not Have Enough Materials for All the Solar Panels and Wind Turbines We Need We Don’t Mine Enough Rare Earth Metals to Replace Fossil Fuels With Renewable Energy Bill Gates: We need global ‘energy miracles’ Solar and Wind produced less than one percent of total world energy in 2016 — IEA WEO 2017 Study predicts world economy unlikely to stop relying on fossil fuels Do Alternative Energy Sources Displace Fossil Fuels? (York 2012) Study reveals that green incentives could actually be increasing CO2 emissions Shortage of resources for renewable energy and food production (Rhodes 2011) Top scientists show why powering US using 100 percent renewable energy is a delusional fantasy Why sustainable power is unsustainable Renewable energy mix played role in SA blackout, third AEMO report confirms At this rate, it’s going to take nearly 400 years to transform the energy system Desert sun in Qatar too hot for solar panels to work Air Pollution Casts Shadow over Solar Energy Production Solar power — largest study to date discovers 25 percent power loss across UK The down side to wind power Germany’s Expensive Gamble on Renewable Energy Germany Runs Up Against the Limits of Renewables Why we can’t reverse climate change with ‘negative emissions’ technologies Rebound, Backfire, and the Jevons Paradox The Curse of Energy Efficiency Not enough lithium to electrify transportation IEA Sees No Peak Oil Demand ‘Any Time Soon’ Why the electric vehicle revolution will bring problems of its own Understanding the life of lithium ion batteries in electric vehicles Don’t be too optimistic about electric car forecasts Corn better used as food than biofuel, study finds Are electric cars worse for the environment? Want to fight climate change? Don’t invest in Tesla The Myth Of An Imminent Energy Transition Warning to Davos: world ‘sleep-walking’ into climate disaster The planet’s 4 warmest years on record have all occurred since 2015 250,000 deaths a year from climate change is a ‘conservative estimate,’ research says Global temperature 1850 to 2018 compared to pre-industrial values Global carbon emissions hit record high in 2017 Oceans warming faster than expected, set heat record in 2018, scientists say The Anthropocene epoch: scientists declare dawn of human-influenced age Trajectories of the Earth System in the Anthropocene” (or “hothouse earth”) Defining the Anthropocene (Lewis 2015) Nature Less than 2 °C warming by 2100 unlikely (Raftery 2017) Nature What Future for the Anthropocene? A Biophysical Interpretation (Bardi 2016) Current fossil fuel infrastructure does not yet commit us to 1.5 °C warming Global warming of oceans equivalent to an atomic bomb per second Why heatwaves are the silent killers more devastating than hurricanes Climate change impacts worse than expected, global report warns Are Antarctica’s Glaciers Collapsing? Climate models are even more accurate than you thought Are We Living Through Climate Change’s Worst-Case Scenario? Extreme weather linked to climate change caused billions in damage this year, new report finds Major Climate Report Describes a Strong Risk of Crisis as Early as 2040 Risks of ‘domino effect’ of tipping points greater than thought, study says Global warming will happen faster than we think How soon will climate change force you to move? Climate change may have played a significant role in the collapse of the Akkadian Empire Climate action must now focus on the global rich and their corporations Social and economic impacts of climate (Carleton 2016) Science The broad footprint of climate change from genes to biomes to people (Scheffers 2016) Science Ancient Antarctic ice sheet collapse could cause a global flood Armed-conflict risks enhanced by climate-related disasters in ethnically fractionalized countries ( Schleussner 2016) Quantifying the influence of global warming on extreme climate events ( Diffenbaugh 2017) Warming World Impacts By Degree Earth just had its 400th straight warmer-than-average month thanks to global warming Climate change is already causing widespread local extinction in plant and animal species The US Is Burning Up, But No One Wants to Talk About The Elephant in The Room Shocking Global Map Shows the Extent of a Global Heat Wave Terrifying climate change warning: 12 years until we’re doomed Increase of extreme events in a warming world (Rahmstorf 2011) Climate models have underestimated Earth’s sensitivity to CO2 changes, study finds Air pollution ‘as bad as smoking in increasing risk of miscarriage’ The World’s richest 10% produce half of global carbon emissions. Billionaires Are the Leading Cause of Climate Change Our planet is one big fireball Organic food worse for the climate? Glaciers Are Retreating. Millions Rely on Their Water. David Attenborough: The world’s oceans are under the greatest threat in human history A meteorologist’s warning: We’re running out of time to save ourselves How smartphones are heating up the planet
A Terrifying Sea-Level Prediction Now Looks Far Less Likely
Arctic permafrost might contain ‘sleeping giant’ of world’s carbon emissions Wave of Climate Migration Looms, but It “Doesn’t Have to Be a Crisis” Violence, infectious disease and climate change contributed to Indus civilization collapse Central bank chiefs sound warning on climate change Caravan Provides a Preview of Climate Migrations, Experts Say Climate change is exacerbating world conflicts, says Red Cross president The air in Germany’s capital is currently so bad, it’s violating EU law Conservatives Are Purposely Making Their Trucks Spew Black Smoke To Protest Environmentalists Chart Source: NOAA Hurricane Maria ‘killed 4,600 in Puerto Rico’- 70 times the official toll, a Harvard University study says The indirect cost of natural disasters and an economic definition of macroeconomic resilience Megadisasters devastated America in 2017. And they’re only going to get worse After Worst Hurricane Season Ever, 2018 Will Be Above Average Eight Billion-Dollar Weather Disasters Have Hit the U.S. So Far in 2016 Brutal Choice in Houston: Sell Home at a Loss or Face New Floods California’s Camp Fire Was The Most Expensive Natural Disaster Worldwide In 2018 Catastrophic fires are a reckoning for Californians and their ‘new normal.’ Has the state reached a tipping point? California’s 2017 Wildfire Season Continues to Break Records Natural disasters: The riskiest spots in the U.S. Tesla: Autopilot was on during deadly Mountain View crash Self-Driving Cars Will Always Be Limited. Even the Industry Leader Admits it. Waymo CEO: Autonomous cars won’t ever be able to drive in all conditions Tesla and GM self-drive cars involved in road collisions Self-driving Uber kills Arizona woman in first fatal crash Consumers Don’t Really Want Self-Driving Cars, MIT Study Finds Tires Slashed, Guns Pulled On Self-Driving Cars As Arizona Residents Revolt Public’s trust in self-driving cars is plunging — for good reason Brand New Tesla Model S Spontaneously Combusts Twice Moore’s Law Is Dead. Now What? Road Tripping Around Europe in a Tesla Is Less Fun Than You’d Think
Humans can’t live on Mars because the
cosmic rays can fry your brain and cause chronic dementia and paranoia. And the technology and logistics haven’t advanced far enough either. Bill Nye: We are not going to live on Mars, let alone turn it into Earth The likeliest reasons why we haven’t contacted aliens are deeply unsettling Scientists say humans are alone in the universe How Do Aliens Solve Climate Change? ‘Artificial Intelligence’ Has Become Meaningless Questioning the Hype About Artificial Intelligence Don’t believe the hype: the media are unwittingly selling us an AI fantasy Yes, U.S. locks people up at a higher rate than any other country The Moral Horror of America’s Prisons Trump Makes It Easier for Police to Get Military Equipment OpenTheBooks interactive map for all military weaponry transferred to the 6,500 local, state and other federal police agencies across America. U.S. Homeland Security to compile database of journalists, bloggers and ‘media influencers’ 1.6 Billion Rounds Of Ammo For Homeland Security? It’s Time For A National Conversation
Police shootings have an underlying economic issue
(Poverty) that is deeper than just race. Fatal Force: 987 people have been shot and killed by police in 2018 ‘Better financially’ to kill suspects than wound them: sheriff ICE paid estimated $807 million to 19 private detention centers in fiscal 2018: report Death by Government Hate Crime Has Gone Up In Most Major U.S. Cities Radical-right wing groups reach all time high In the United States, right-wing violence is on the rise Right-wing extremists are already threatening violence over a Democratic House The Southern Poverty Law Center’s list of hate groups Suspected far-right attacker ‘intentionally’ rams car into crowd of Syrian and Afghan citizens in Germany Three Kansas men convicted over mass ‘slaughter’ plot targeting Muslims Neo-Nazis Are Organizing Secretive Paramilitary Training Across America Italy’s Salvini called for ‘mass cleansing, street by street, quarter by quarter’, newly resurfaced footage reveals Charlottesville attack shows homegrown terror on the right is on the rise U.S. sees 300 violent attacks inspired by far right every year The Year in Hate: Trump buoyed white supremacists in 2017, sparking backlash among black nationalist groups In Germany, online hate speech has real-world consequence The rise of the Spanish far-right party Vox shines a light into the dark corners of the country’s politics Anti-Semitic incidents soared in 2017, marking nation’s largest single-year increase, report finds ‘Far-right cell’ in German police ‘threatened to kill lawyer’s two-year-old daughter’ Could anti-Semitism be on the rise in Canada? Right-wing mobs creating ‘civil war’ in Germany after second night of violence in Chemnitz People with extreme political views ‘cannot tell when they are wrong’, study finds Study shows rapid rise in mass school shootings in the US Gun deaths at highest level in 40 years, CDC says More than 15% of childhood deaths in America are due to guns, study says One mass shooting every day: Seven facts about gun violence in America There have been 1,624 Mass Shootings in 1,870 days in America. Las Vegas Shooting: 59 Killed and More Than 500 Hurt Near Mandalay Bay Gunman Kills at Least 26 in Attack on Rural Texas Church Kentucky school shooting: 2 students killed, 18 injured Six months later, the Capital Gazette shooting still resonates, among family, community, news industry 2 killed on east side marks 2018 as Indy’s bloodiest year 17 killed in mass shooting at high school in Parkland, Florida Advocacy group highlights 18 cases of gunfire at US schools so far this year YouTube Shooting: Woman Wounds 3 Before Killing Herself, Police Say ‘I Think About It Daily’: Life in a Time of Mass Shootings A Mother’s Fear Post-Sandy Hook Florida massacre survivor hid under dead classmate’s body Secretly, Americans Love Guns. Just Watch TV This kind of shooting happens every day in America — and we usually ignore it One shooting every six hours An FBI Study of Active Shooter Incidents in the United States between 2000 and 2013 U.S. Suicide Rate Surges to a 30-Year High Mapping the rising tide of suicide deaths across the United States Suicide Rates Rise Sharply in U.S. America’s rising suicide rate Suicides are at the highest rate in decades, CDC report shows Why Are Black Children Killing Themselves? Soaring suicides are another sign of our toxic social disconnect CDC says life expectancy down as more Americans die younger due to suicide and drug overdose Teen suicide is soaring. The biggest rate increase was among black youth Teenagers not surprised by alarming increase of suicides Why are America’s farmers killing themselves at record rates? American farmers have seen net farm income decline by 50 percent since 2013 The Next American Farm Bust Is Upon Us Here’s Why More American Farms Are Going Bankrupt Suicide Is Rising Among American Farmers As They Struggle To Keep Afloat Falling prices, borrowing binge haunt Midwest ‘go-go farmers’ Stressed, Struggling, and Suicidal: America’s Farmers Are Begging for Mental Health When the Death of a Family Farm Leads to Suicide America’s Farmers Are in Crisis, and They’re Looking to Trump for Relief As Milk Prices Decline, Worries About Dairy Farmer Suicides Rise ‘Deaths of Despair’ Are Surging Among the White Working Class More Americans Are Dying From Suicide, Drug Use And Diarrhea Declining mental health among disadvantaged Americans America’s opioid tragedy Drug overdoses killed more Americans last year than the Vietnam War Changing dynamics of the drug overdose epidemic in the United States from 1979 through 2016-Science Americans more likely to die of opioid overdose than car crash, council report says ER visits for opioid overdose up 30%, CDC study finds Child deaths from opioids nearly tripled in recent years, says Yale study Drug overdose deaths skyrocketed among women Drug overdose deaths in America are rising exponentially Millennials Hit Hard by Opioids. The death rate continues to rise sharply among young adults. Why Drug Overdoses Are on the Rise and Getting Worse in America CDC: Synthetic Opioid Deaths Doubled from 2015 to 2016 Nearly 1 million people out of workforce due to opioid addiction: study Drug crisis: Opioid addiction costs employers $2.6B a year for care Surgeon General Urges Americans to Carry Drug That Reverses Opioid Overdoses When they smoke it, they almost become zombie-like Many People Taking Antidepressants Discover They Cannot Quit Opioid crisis creating ‘grandfamilies,’ a need for more resources The Family That Built an Empire of Pain The decline in U.S. life expectancy is unlike anything we’ve seen in a century US life expectancy drops for second year in a row Americans Are Retiring Later, Dying Sooner and Sicker In-Between Report: Alcohol, Drug, Suicide Deaths Hit New High in America
America has become less attractive to economic migrants. Illegal immigration has
dropped 80 percent, since it’s record high in 2000. More Mexicans are leaving the US than coming here — and it’s not because of deportation Americans Renouncing Citizenship at Record High Record-Breaking Number Of Americans Want To Get Out Of U.S. Forever Gallup: World’s Approval of U.S. Leadership Drops to New Low America’s New World Order Is Officially Dead Global Poll Shows U.S. Prestige Plummeting Under Trump Richard Dawkins says England is becoming a ‘nasty little backwater’ UK will be worse off in every possible scenario after Brexit, concludes leaked Government analysis London murder rate overtakes New York’s Child poverty in Britain is already a problem — and Brexit will likely make it worse My walk to work shows me how homelessness is transforming Britain 300,000 people in Britain are now homeless, shocking study reveals Children’s bedroom photographs expose reality of UK poverty Brexit could cost UK about 500,000 jobs, London mayor says Average UK household debt now stands at record £15,400 Nearly 600 homeless people died on the streets last year IFS: Growth in UK living standards worst in 60 years British workers face worst decade for pay in 70 years UK is the worst-performing advanced economy in the world, official figures confirm Paradise Papers: U2 singer Bono named in tax-haven document dump Bono used Malta-based firm to invest in Lithuanian shopping centre The plague of global terrorism Terror related deaths across the world (1970–2016) Homeland Security head says terror situation is scarier than you know Terrorists ‘plot in shadows of the dark net’, report warns ‘Children are dying before our eyes’: Images from suspected Syrian gas attack again tell the story What would ‘nuclear Armageddon’ look like in your city? This terrifying simulator shows you This nuclear-explosion simulator shows where radioactive fallout would blow using today’s weather Vladimir Putin on nuclear war: U.S. is pushing world ‘closer to a very dangerous line’ Data mining adds evidence that war is baked into the structure of society The US and China are in a quantum arms race that will transform warfare At least 340,000 Americans died from radioactive fallout between 1951 and 1973 The Threat of Nuclear Weapons Is Truly Terrifying and No One Seems to be Paying Attention Massive global ozone loss predicted following regional nuclear conflict (Mills 2007) 7 Ways Russia Is Telling People to Prepare for War Putin boasts military might with animation of nuke strike on Florida Russia has restarted the Cold War — but this time as an outlaw fighting only to assert its own power Russian media threatens Europe with 200-megaton nuclear ‘doomsday’ device The Doomsday Clock is ticking faster How Russia’s New Doomsday Torpedo Works Lowering arms threshold could lead to global nuclear catastrophe — Putin China Installed Military Jamming Equipment on Spratly Islands, U.S. Says Democracy continuities its disturbing decline worldwide ‘This is an authoritarian era’ — and investors should be worried, says Richard Haass Brazil Is About To Show The World How A Modern Democracy Collapses What Populists Do to Democracies Corruption is still rife around the world Will ‘winter of discontent’, fueled by populism, lead to European Union’s collapse? Young Americans are ditching democracy, say Harvard researchers Where And Why The World Is Getting More Dangerous Thirty countries use ‘armies of opinion shapers’ to manipulate democracy — report China has started ranking citizens with a ‘social credit’ system — here’s the ways they can punish you ‘Big Brother’ in India Requires Fingerprint Scans for Food, Phones and Finances Chinese schools make pupils wear micro-chipped uniforms to thwart truancy United States added to list of most dangerous countries for journalists for first time Why Silicon Valley billionaires are prepping for the apocalypse in New Zealand Doomsday Prep for the Super-Rich Super-rich prepare for doomsday in American bunkers NZ farms eyed as ‘boltholes’ for world’s super rich New Zealand’s ban on foreigners buying homes set to start Business Is Booming for America’s Survival Food King Costco selling $1,000 food kits that last 25 years Costco sells out of 27-pound mac-and-cheese bucket with 20-year shelf life Anticipating the Apocalypse? How to Grow Bud in a Bunker Is it possible to live off-grid? End of days: Is Western civilization on the brink of collapse? Why Civilizations End The US has reached the last stage before collapse — Foreign Policy Pentagon study declares American empire is ‘collapsing’ Huge Human Inequality Study Hints Revolution is in Store for U.S How western civilization could collapse Lessons from the fall of a great republic Chris Hedges: The Coming Collapse Trent Reznor: ‘You’re seeing the fall of America in real time’ Michael Moore Says ‘We’re Living The Handmaid’s Tale’ IRL The Decline and Fall of the American Empire What America can learn from the fall of the Roman republic
The last law of nature says: that any creature that despoils and
outbreeds its natural habitat will be culled to bring its numbers under control and restore a stable environment. Studies of mice populations indicate that when faced with overpopulation, many catastrophic events occurred. Such as the mothers abandoned their young, the birth rate plunged, homosexuality, mass violence, cannibalism, and lack of maternal functions. Studies revealed as the mice population densities reached a tipping point. Once reached, the population began to suffer a “spiritual death” and went down a “behavioral sink”. (Calhoun, 1962)
Article I of the Constitution of the United States, (1790) describes the House of Representatives, and says that “The number of Representatives shall not exceed one for every thirty thousand…” In the year 2000 there are over 600,000 persons per member of the U.S. House of Representatives. Thus in 210 years we have seen democracy being diluted by a factor of approximately 600,000 / 30,000 = 20.
(Bartlett, 2000) World Scientists “Warning to Humanity” Signed by 15,000 Scientists from 184 Countries Including the Majority of all Nobel Prize Winners Modeling sustainability: population, inequality, consumption, and bidirectional coupling of the Earth and Human Systems (Motesharrei 2016) The Heritability of Fertility Makes World Population Stabilization Unlikely in the Foreseeable Future (Collins 2019) How many times has the human population doubled? Comparisons with cancer (Hern 99) Human domination of the biosphere: Rapid discharge of the earth-space battery foretells the future of humankind (Schramski 2015) Biological annihilation via the ongoing sixth mass extinction signaled by vertebrate population losses and declines (Ceballos 2017) Approaching a state shift in Earth’s biosphere (Barnosky 2012) Nature Has the Earth’s sixth mass extinction arrived? (Barnosky 2011) Nature Psychology and Disaster: Why We Do Not See Looming Disasters and How Our Way of Thinking Causes Them (Glockner 2016) Peak water limits to freshwater withdrawal and use ( Gleick 2010) Anticipating societal collapse; Hints from the Stone Age ( Scheffer 2016) Complexity and Collapse: (Ferguson 2010) Council on Foreign Relations Bushmeat hunting and extinction risk to the world’s mammals (Ripple 2016) Modes of growth in dynamic systems (Garrett 2012) Ecological selectivity of the emerging mass extinction in the oceans (Payne 2016) Science Has land use pushed terrestrial biodiversity beyond the planetary boundary? A global assessment (Newbold 2016) Science Is it Too Late for Sustainable Development? We’d Need 1.7 Earths to Make Our Consumption Sustainable Would Human Extinction Be a Tragedy? Prelude to global extinction: Stanford biologists say disappearance of species tells only part of the story of human impact on Earth’s animals On the causes of mass extinctions (Bond 2017) Researchers find IQ scores dropping since the 1970s The Decline of the Worlds IQ (Lynn 2007) What do you mean, “Tipping Point” (Van Ness 2016) Cell Cascading Regime Shifts Within and Across Scales (Rocha 2018) Science Prince William warns that there are too many people in the world Humanity is on path to self-destruction, warns UN special rapporteur Global food system is broken, say world’s science academies Nobel laureates call for a revolutionary shift in how humans use resources One of the largest banks issued an alarming warning that Earth is running out of the resources to sustain life Mathematics predicts a sixth mass extinction Paul Ehrlich: ‘Collapse of civilization is a near certainty within decades’ Sir David Attenborough: collapse of civilization is on the horizon Jane Goodall: ‘The most intellectual creature to ever walk Earth is destroying its only home’ Dennis Meadows: “There is nothing that we can do” The decline of sex is the end of civilization World Wildlife Federation: Living Planet Index The 21st-Century Great Food Transformation (Lucas 2019) The Lancet The book that incited a worldwide fear of overpopulation Books The Limits to Growth: A report for the Club of Rome’s project on the predicament of mankind Secular Cycles Critical Transitions in Nature and Society Energy and Civilization Peeking at Peak Oil Energy Return on Investment Failing States, Collapsing Systems When Trucks Stop Running The Seneca Effect: Why Growth is Slow but Collapse is Rapid Energy and the Wealth of Nations: Understanding the Biophysical Economy The Vanishing Middle Class: Prejudice and Power in a Dual Economy (The MIT Press) The Future Is Not What It Used to Be. Climate Change and Energy Scarcity Oil and the Western Economic Crisis Not the Future We Ordered: Peak Oil, Psychology, and the Myth of Progress Eating Fossil Fuels: Oil, Food and the Coming Crisis in Agriculture The Retreat of Western Liberalism The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century Confronting Collapse: The Crisis of Energy and Money in a Post Peak Oil World Fantasyland: How America Went Haywire: A 500-Year History Scarcity: Humanity’s Final Chapter Collapse of Complex Societies Collapse: How Societies Choose to Fail or Succeed Overshoot: The Ecological Basis of Revolutionary Change Limits to Growth: The 30-Year Update The End Of More Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy The Party’s Over: Oil, War and the Fate of Industrial Societies The Shock of the Anthropocene: The Earth, History and Us Denying to the Grave: Why We Ignore the Facts That Will Save Us Rare Earth: Why Complex Life is Uncommon in the Universe Rise of the Robots: Technology and the Threat of a Jobless Future Cold War Energy: The Rise and Fall of the Soviet Union Sapiens: A Brief History of Humankind Homo Deus: A Brief History of Tomorrow The Road Too Much Magic: Wishful Thinking, Technology, and the Fate of the Nation The Sixth Extinction: An Unnatural History The Long Emergency Saudi America: The Truth About Fracking and How It’s Changing the World Oil, Power, and War: A Dark History Collusion: How Central Bankers Rigged the World Crossing the Rubicon: The Decline of the American Empire at the End of the Age of Oil A Short History of Progress The Fourth Turning: An American Prophecy Unstoppable: Harnessing Science to Change the World The Divide: American Injustice in the Age of the Wealth Gap Brave New Arctic: the Untold Story of the Melting North The Rise and Fall of American Growth Ages of Discord: A Structural-Demographic Analysis of American History The Third Curve: The End of Growth as we know it Why Nations Fail: The Origins of Power, Prosperity, and Poverty Denial: Self-Deception, False Beliefs, and the Origins of the Human Mind America the farewell tour: Chris Hedges Limits to growth had 12 models. One of those models, the “standard run” or, alternatively, the “business as usual” model was the one that 40 years of historical data has tracked/followed. Looking Back on the Limits of Growth -Smithsonian Apocalypse Soon: Has Civilization Passed the Environmental Point of No Return? -Scientific American Is Global Collapse Imminent? (Turner 2014) Gloomy 1970s predictions about Earth’s fate still hold true Here’s How NASA Thinks Society Will Collapse Human and nature dynamics (HANDY): Modeling inequality and use of resources in the collapse or sustainability of societies (Motesharrei 2014) Can a collapse of global civilization be avoided? (Ehrlich, 2013) ‘Society could end in less than a decade,’ predicts academic historian Social instability lies ahead, researcher says Inside the new economic science of capitalism’s slow-burn energy collapse (Ahmed, 2017) This is how UN scientists are preparing for the end of capitalism Perfect Storm: Energy, Finance and the End of Growth. Dr Tim Morgan Financial System Supply-Chain Cross-Contagion: A Study In Global Systemic Collapse (Korowicz, 2012) It’s time for a hyper-crash, say multifractal analyses of the main stock market index
Simple really..When the world economy collapses everything shuts down..the end..We’re talking about grids down all over the world and 7.5B people dropping like f*** flies in short order..The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like..I’m talking about every corporation and every social program going bankrupt at once. I’m talking about people eating people.. I’m talking about the
worst catastrophe to ever happen in the history of mankind..Nothing has ever, or will ever come close.. The End of the Human Race will be that it will Eventually Die of Civilization –Ralph W Emerson