Nationalism

The World Has 6 Options To Avoid Japan's Fate, And According To HSBC, They Are All Very Depressing

"The escape options are a mixture of the ineffectual, the limited, the risky, the foolhardy or the excessively slow. As Japan’s recent experiments have demonstrated, upping the monetary dosage alone is not enough to cure the affliction. Indeed, to the extent that monetary stimulus only encourages a further wave of risk-taking within financial markets – often outside of the mainstream banking system - it may only perpetuate unstable deflationary stagnation."

Japan's Finance Minister Accidentally Reveals How It All Ends: "War"

"A similar [deflationary mindset] had occurred in the US in the 1930s. What solved the question? War! Because World War II had occurred during the 1940s and that became the solution for the United States. [We] have to switch [the Japanese] mindset... we are looking for the trigger."

 

- Japan Fin Min Taro Aso

Fascism, American Style

If Donald Trump is a fascist - as nearly half of Americans surveyed believe - then so is every other politician in office or running for office in America who has ever prioritized money and power over human beings. Consent of the governed, however, no longer applies. Actual control has finally passed to the oligarchic elite controlling the government behind the scenes.

Day Of Reckoning Looms

Stock markets are said to “discount the future.” Maybe they see something we don’t. Or maybe they are simply preparing for a more spectacular day of reckoning by drawing more mom-and-pop investors into deeper water; as always, we wait to find out.

The 'Market State' Prediction Went Terribly Wrong

"In retrospect the idea that an increasingly internationalized political elite would automatically remain faithful agents of their own populations should have rang alarm bells." Who are the internationalized political elite faithful too?

Capitalism Requires World War

Capitalism requires World War because Capitalism requires profit and cannot afford the unemployed. The point is capitalism could afford social democracy after the rate of profit was restored thanks to the depression of the 1930’s and the physical destruction of capital during WW2. The underlying nature of Capitalism is cyclical.

The Long History of Government Meddling In The American Marketplace

Attempts to control economic growth through government spending and/or manipulating interest rates (e.g., stimulate growth with low rates) generally leads to more severe crises. None of these things are recent phenomena, but can be found again and again throughout American history. Today, there is no party that favors true privatization or free markets. The solution, however, is simply to take as much power as possible out of the control of corruptible politicians and their special interest supporters.

The Quagmire To End All Quagmires

There are few good reasons to go to war, but the US faces the danger of being dragged into World War III for the worst of reasons. In Syria, the US will either fold or go all in. On past form, it will choose the latter and rue it ever after. Few Americans, inside or outside the government, realize either that those are the choices or that the stakes are so high. Sadly, such realizations may come only when their sons and daughters are drafted, or as the image of a mushroom cloud fills the screens of their mobile devices.