By Mac10: The Idiocracy Doesn’t Believe In Reality

Mac10 seems to be on the edge of an awareness breakthrough.

He senses it.

He dances around it on a regular basis.

He almost sees the elephant in the room.

He just doesn’t quite get it yet that evolved denial is the core to everything he writes about.

http://ponziworld.blogspot.ca/2016/03/the-idiocracy-doesnt-believe-in-reality.html

Who are these liars who believe that if they say something loudly and stridently enough that it must be true? They conjure fantasies out of thin air and then repeat them over and over again, until they spin them into fabricated “truth”. Are these buffoons and psychopaths really the problem, or is it their willing audience?

We live in a society that can no longer handle any form of truth. The Idiocracy will believe absolutely ANYTHING except the truth. And therefore they provide a ready audience for demagogues, radio talk shows, conspiracy theorists, and average political game show hosts.

There are many blogs beyond this one, attempting to break down the lies to reveal the truth, however, there is absolutely no lamestream market for reality. The Idiocracy doesn’t believe that the impossible is not possible.

Therefore, is the first order problem the economy, the environment, geopolitics etc? Or is the real problem that we live in a mentally ill society that needs to be told ever bigger lies just to paper over the last set of lies that have already failed?

In other words, before any problems can be addressed at the root cause level, what is needed in the first order, is a mental “adjustment”. Which is coming.

The Idiocracy doesn’t believe in reality. And reality doesn’t believe in the Idiocracy.

By Mac10: Preparing The Vertical Mega Crash. Check.

A nice view of our economy from Mars by Mac10 although he does not seem to understand the physical and biological forces behind the problems.

http://ponziworld.blogspot.ca/2016/03/designing-mega-crash.html

The collapse isn’t beginning it’s almost OVER. Yes folks, seven years of non-stop bullshit and all that is left is the vertical Mega-Crash. The moment when EVERYTHING goes down at the same time. Risk is BINARY. Risk is Overnight. Risk is Weekend. Risk is 24×7. Welcome to Globalization…

If you dropped in from Mars and wanted to design human history’s biggest mega-collapse, here is what you would have already done…

First of course, outsource the economy such that supply is one locale produced by slaves with no purchasing power, while demand is another locale using borrowed money.

When that ‘Conomy fails in 2008, inflate all risk assets using printed money, so that the trickle down casino creates a fake wealth effect.

Layoff millions of people to inflate profits to historically unprecedented levels. Take the profits and invest them back into stocks to paper over the collapsing revenue.

Monetize the tsunami of poverty into 0% and then invest it in greater over-capacity. Be sure to create as much deflation as possible thereby imploding anyone with debt.

Having sucked in nearly everyone to double down on the casino and 0%, begin the process of taking away all global liquidity, thereby systematically decimating one asset class at a time.

As each asset class/sector implodes, concentrate the remaining funds into the ever-dwindling sectors still rising, until only recession stocks are left holding up the entire delusion.

When 0% no longer incentivizes enough debt, cut rates to negative to pay people to borrow money. Be sure to implode all global banks at the same time.

Resolve a global oil glut by maximizing production. Fill every storage container on the planet with oil and then do everything possible to fix the imbalance, except for cutting production. Tell speculators the problem is fixed even when it’s not.

Encourage global debasement of currencies in a zero sum game race to the bottom. Act shocked when risk assets further implode with each round of debasement.

Hold non-stop Central Bank meetings to ensure continuous short covering rallies making risk management almost impossible.

Keep CNBS on in the background 24×7, blowing smoke up everyone’s asses non-stop.

Pretend no one saw it coming.

By Survival Acres: Planetary Emergency

http://survivalacres.com/blog/planetary-emergency/

This article has a nice discussion on the extreme level of denial in the majority of climate change scientists and activists.

I note that he does not seem interested in understanding why denial is so strong regardless of culture, religion, or politics.

Nor why denial is just as strong in climate activists as it is in climate deniers.

Nor why climate change is just one of dozens of huge issues that we deny and do not discuss.

For me, denial is the most interesting topic.

By John Weber: Superman Plays With Kryptonite Dice

This fabulous essay written by John Weber in 2010 was brought to my attention by a friend.

In it Weber describes the relationship between energy and our destructive dominance as a species. This theme is central to the manifesto I wrote for this site but Weber expands on the idea and provides more color.

I’m also pleased to see Weber touches on denial but I doubt he assigns the same importance to denial as I do.

Your time will be well spent reading this.

http://sunweber.blogspot.ca/2010/05/superman-plays-with-kryptonite-dice.html

 

By Baba Brinkman: God of the Gaps

Baba’s got a new rap on god.

I wish he would read Varki.

His insight would go from good to great.

By Chris Martenson: The Return of Crisis

A nice essay by Chris Martenson today with an excellent big picture summary of the situation and risks.

Let me be blunt: this next crash will be far worse and more dramatic than any that has come before. Literally, the world has never seen anything like the situation we collectively find ourselves in today. The so-called Great Depression happened for purely monetary reasons.  Before, during and after the Great Depression, abundant resources, spare capacity and willing workers existed in sufficient quantities to get things moving along smartly again once the financial system had been reset.

This time there’s something different in the story line: the absence of abundant and high-net energy oil.

http://www.peakprosperity.com/blog/96701/return-crisis

By Mac10: The Tool or the One That Follows?

Mac10 points out that despite falling stock prices, earnings per share are falling faster.

Hint, we are not at the bottom yet.

Crash you sonofabitch. We need CO2 to drop yesterday.

http://ponziworld.blogspot.ca/2016/02/what-tool-believes.html

By Richard Smith: Green Capitalism: The God That Failed

Richard Smith is a rare voice that speaks to the ineffectiveness of environmental organizations. Green growth is not and cannot be green.

Since the Reagan Revolution of the 1980s, when environmentalists began to turn to the market, “green growth” theorists and proponents have argued au contraire that “jobs and environment are not opposed,” that economic growth is compatible with emissions reduction, that carbon taxes and/or cap-and-trade schemes could suppress GHG emissions while “green jobs” in new tech, especially renewable energy, would offset lost jobs in fossil fuel industries. Their strategy has failed completely, yet this remains the dominant view of leading climate scientists, including James Hansen, and of most environmental organizations.

All such market-based efforts are doomed to fail, and a sustainable economy is inconceivable without sweeping systemic economic change.

http://www.truth-out.org/news/item/21060-green-capitalism-the-god-that-failed

Unfortunately Smith studied economics and apparently did not study physics or biology and therefore incorrectly believes that a different economic or political system can solve our overshoot problems.

It is true that Capitalism has proven to be the most effective system for growth however every other economic and political system has also proven to be destructive to the environment.

The problem is not our economic or political system.

The problem is that humans are consuming a lot of non-renewable energy and materials, and too large a share of renewable resources. Full stop.

And another similar article by Richard Smith…

http://www.truth-out.org/opinion/item/19872-capitalism-and-the-destruction-of-life-on-earth-six-theses-on-saving-the-humans

If we want a sustainable economy, one that “meets the needs of present generations without compromising the ability of future generations to meet their needs,” then we would have to do at least some or all of the following:

  1. Put the brakes on out-of-control growth in the global North – retrench or shut down unnecessary, resource-hogging, wasteful, polluting industries like fossil fuels, autos, aircraft and airlines, shipping, chemicals, bottled water, processed foods, unnecessary pharmaceuticals and so on. Abolish luxury-goods production, the fashions, jewelry, handbags, mansions, Bentleys, yachts, private jets etc. Abolish the manufacture of disposable, throw-away and “repetitive consumption” products. All these consume resources we’re running out of, resources that other people on the planet desperately need and that our children and theirs will need.
  2. Discontinue harmful industrial processes like industrial agriculture, industrial fishing, logging, mining and so on.
  3. Close many services – the banking industry, Wall Street, the credit card, retail, PR and advertising “industries” built to underwrite and promote all this overconsumption. I’m sure most of the people working in these so-called industries would rather be doing something else, something useful, creative and interesting and personally rewarding with their lives. They deserve that chance.
  4. Abolish the military-surveillance-police state industrial complex, and all its manufactures because this is just a total waste whose only purpose is global domination, terrorism and destruction abroad and repression at home. We can’t build decent societies anywhere when so much of social surplus is squandered on such waste.
  5. Reorganize, restructure, reprioritize production and build the products we do need to be as durable and shareable as possible.
  6. Steer investments into things society does need, like renewable energy, organic farming, public transportation, public water systems, ecological remediation, public health, quality schools and other currently unmet needs.
  7. Deglobalize trade to produce what can be produced locally; trade what can’t be produced locally, to reduce transportation pollution and revive local producers.
  8. Equalize development the world over by shifting resources out of useless and harmful production in the North and into developing the South, building basic infrastructure, sanitation systems, public schools, health care, and so on.
  9. Devise a rational approach to eliminate or control waste and toxins as much as possible.
  10. Provide equivalent jobs for workers displaced by the retrenchment or closure of unnecessary or harmful industries, not just the unemployment line, not just because workers cannot support the industry we and they need to save ourselves.

Nowhere in Smith’s 10 possible solutions does he clearly state the most important thing: Restoration of the planet’s health requires poorer people and/or fewer people.

It seems Smith has fallen into the same trap as the greens he criticizes.

The only possible solution is to reduce total consumption. We can do this by reducing consumption per person and/or reducing the number of people.

Achieving this will be difficult and maybe impossible because it requires an override of evolved behaviors.

Nevertheless, if we fail to voluntarily reduce total consumption, nature will do it for us, soon.

Hat tip Bodhi Paul Chefurka.

By Mac10: Denialation: “This Is Not Already Happening To Me”

A nice piece by Mac10 on denial in the markets.

I have a theory that we can tell how close the next big correction is by the frequency, length, and passion of Mac10’s blogs. He’s been on a tear lately so he must smell blood.

Globalization is burying the Idiocracy one asset class at a time in broad daylight. This week, over-owned momentum stocks, overleveraged hedge funds, and European banks went under the bus. But they’re still pretending it’s not happening. They’re in denial about being in denial.

China, which makes everything we used to make, can no longer compete at $.80/hour, and now they have to devalue their currency. And in the meantime “we” tell ourselves that we’re the “best cappuccino makers on the planet”.

http://ponziworld.blogspot.ca/2016/02/denialation-it-cant-happen-to-me.html

By The School of Life: Wisdom

This lesson on wisdom is very good.

It’s rich and enjoyable enough to warrant multiple viewings and might become a go-to place for me when I’m feeling blue.

If the author were to add a comment that denial is not a defect, but is in fact what makes us human, it would be perfect.