Whack!

The next case of $120 oil, assuming we get there before the industrial economy falls into the abyss, will be brutal for an already over-stretched American consumer. Banks are falling like dominoes on a mule cart over the bumpy terrain of declining energy supplies. When will the lights go out?

Temporary Recession or the End of Growth?

Everyone agrees: our economy is sick. The inescapable symptoms include declines in consumer spending and consumer confidence, together with a contraction of international trade and available credit. Add a collapse in real estate values and carnage in the automotive and airline industries and the picture looks grim indeed.

it’s the end of the world as we know it (…and I feel fine) (1)

it’s the end of the world as we know it (…and I feel fine) (1)

Probably few saw this meltdown coming. We have come to view human progress as a given, and an ever growing economy and living standard as an entitlement.

Investing in durability

If you are planning to withdraw, please tell me where you’re going, and send directions. If not, it’s time to start thinking about how you and your family or tribe will muddle through the years ahead. One word comes to mind: durability. If that wasn’t the first word that came to your mind, I’m not surprised.

Humanity’s Choice: A Series of Exits—Not a Fork in the Road

The ecological and economic prognosticators who warn of a potentially unpleasant future for the human enterprise typically portray humanity as being at a fork in the road on our evolutionary journey. They contend that we are at a pivotal decision point at which we must make an “either/or” choice between a positive future outcome and a negative future outcome.