“I just received the following note from one of our Inner Circle members. Below the note is my response.”
Here’s a remarkable interview with Nicole Foss (Automatic Earth) where she elaborates on the same topics as Martenson does in a very lucid and female manner. It’s well worth watching. A friend of mine shared it with me with the comment below.
„I enjoyed her expose! Nicole has been a harbinger for accurate analyses of the real issues for decades together with her husband (their platform is automatic earth) and struck me for the powerful contextual thinking that reaches into the depth of issues and as such way back and before the turn of the century when good analyses on system fragility were scarce if not absent in the public space.
After introducing the main parameters of the current predicaments she gets to the issue of the serial boom and bust cycles in the 21st century (beginning 1:08). There she explains the fragility of what has come off 35 years of ponzi schemes in production and finances! Payday is just around the bend. She goes into the foundations what in reality were the drivers of the decay in all areas of globalized schemes of deceit, manipulations, meaningless rituals, hollowed out structures, outright destruction aso. The associations that we make spontaneously with terms from the macro space are mostly wide off the mark and have little bearing with their current functionality be that economy, democracy, liberalism, markets, retirement arrangement, higher education, healthcare, – you name it. Any trust in the current power plays and their brokers is completely misplaced. Nothing of what we have build with cheap energy and financial ponzi schemes since 1980 is in the least sustainable, no question asked!
We are not facing problems really, we have arrived at a cliff and must think about how are we going to bolster a steep fall OFF the cliff, i.e. we are in presence of predicaments. If we have no choice a parachute may become a very useful tool, as it were.
Quite methodically she takes us through a number of key areas of what is currently shaping the world as we know it and that has not the slightest chance to function as we move forward. More importantly, she opens up a debate upon those very crucial issues that increase our resilience as individuals and as local communities that CAN work. For doing so she really comes up with a large number of suggestions that should be considered and used as base case for improving our resilience to the kind of collapse of highly leveraged, centralized and energized structures that can only function by sucking in ever larger areas of peripheral providers and dedicating ever more energies in pretend and extend damage control.
Our current ponzi structures are hugely wasteful and the weakest link in their working is for obvious reasons the financial area that maintains the daisy chain of self-serving, totally idiotic arrangements built on maximizing shortest term yields at the cost of staying in harmony with the real boundaries set by limits of all sorts and nature. The virtual character of all money arrangements leverages up the speed of collapse of that space and in seconds, minutes and days the whole damned thing just dissolves into NOTHINGNESS, think of US$ 700 trillions of bets on interest rate alterations by the global financial casinos (i.e. banks), i.e. such amount represents the effective counter party risk and is subject to mind blowing domino and melt-down risks…”
“…we are not as rational as we are rationalizing…”
I haven’t listened to all yet but this is one smart lady…
I don’t agree with all the assumptions BUT this paints a very broad picture of likely structural failure that is entirely consistent with Armstrong’s ECM…
IF you do not have a plan to live simpler in your future, you will suffer greatly…!
All of us are going to have to take apart the structure of your life and see how much socio-economic complexity is wired in and ur going to have to unwire, then rewire your life much less complex.
I feel wonderful that I have written a book @F-L-O-W about to do exactly this process;)
And happy that it’s being validated from structural design people from around the world;)