unsustainable

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Who’s Going To Eat The Losses?

The only question that matters regarding today's markets
Friday, September 8, 2017, 11:25 PM

Younger generations that are being asked (goaded?) to step into an increasingly flawed future begin to resist. Which is completely understandable. They have nothing to gain if the status quo continues.

At the same time, the older generations mostly just settle into a stubborn insistence that everything will be fine if everyone will just do more of precisely what got us into the mess in the first place. Younger people should step up to make sure Medicare/Social Security/pensions remain fully funded, and buy the financial assets and homes of downsizing seniors at top dollar. The boomers have everything to lose if the status quo changes.

What happens when a culture’s dominant narratives are not just unsatisfactory, but entirely unworkable?  » Read more

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On Creating a World Worth Inheriting

Our current actions will define our future
Monday, July 14, 2014, 3:52 PM

We all know that the current paradigm is unsustainable over longer time frames. Here are a few of the ways in which we can express that concept more specifically: » Read more

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Why Our Current Way of Living Has No Future

Rampant malinvestment is creating scarcity of capital, energ
Wednesday, March 6, 2013, 2:25 PM

All of the sordid and spellbinding rackets working their hoodoo on the financial scene have obscured a whole other dimension of the fiasco that America finds itself in, namely the way we have arranged the logistics of everyday life on our landscape – the tragedy of Suburbia.

I call it a tragedy because it represents a sequence of extremely unfortunate choices made by our society over several generations. History will not forgive the excuses we make for ourselves, nor will it shed a tear for the tribulations we will induce for ourselves by living this way. History may, however, draw attention to our remarkable lack of a sense of consequence in transforming this lovely, beckoning New World continent into a wilderness of free parking. In any case, we’re stuck with what we’ve done, and the question naturally arises: What will we do now? » Read more