The Next Ten Years: Three Drivers of the Political Economy beta 2
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Wow !!, good stuff, no model is perfect buty you have the situtaion by the nuts ! Very few people can grasp and understand all three forces at play. Nicole Foss who has a blog automatic Earth is the only person I have come across. She is both brilliant and humble.
nichaeloz 5 months ago
This isn't even a model. Peak oil is a clever re-branding of the old artificial scarcity trick. Peak credit traditionally has been solved by debt write-offs - (Jubilee) but now extractive payments can be eternally enforced by the world terror machine. Equilibrium can't be established because the creditors control the show and have locked the cinema doors behind you. The whole shit-house is supposed to go up in flames- the "creditors" want to sicken and kill you.
hozayamz 1 year ago
Excellent video, thanks. YouTube has such a different definition of the political economy than your forum at iTulip.com. Aks yourself, "what would Jesse Ventura say, about Eric's insight? You don't have to answer, though, it's not what iTulip.com's mssion is.
HeartBrainMedia 1 year ago
The following important factors should be added: peak oil, financial speculation, the fact that a global capitalist system needs expanding credit to finance expanding production and consumption of goods from resources that are finite, and that most of total money supply actually consists of unregulated derivatives brought about by financial speculation and government liabilities growing because of demand for government services.
danzigstorer 1 year ago
This a good word!
I really like how Eric Janzen deciphers facts & then vividly displays concepts of unvarnished truth opinion.
Thank You Eric~
triangels 1 year ago