Tag Archives: bankruptcy

We Can Only Afford One, So Choose Wisely: Social Security/Medicare, Cartel Cronyism or Inflation (Central Banking)

It’s easy to quantify the annual cost of Social Security/Medicare, and not so easy to calculate the cost of Cartel Cronyism and Central Bank-created inflation.Cartel cronyism is a hidden tax on the entire economy, as is Central Bank-created inflation. That … Continue reading

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In another sign of the turbulent times for the renewable energy sector, Spain’s Abengoa has declared bankruptcy. The bankruptcy is notable for several reasons. First, it suggests how difficult the transition from conventional energy firms to solvent and stable renewable … Continue reading

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Collapse, Part 1: Greece

The theme this week is collapse. It’s a big, complex topic because there are as many types of collapse as there are systems. Some systems appear stable on the surface but collapse suddenly; others visibly decay for decades before finally … Continue reading

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Don’t Just Follow the Money–Follow the Income

Lies are no substitute for truth and fantasy is no substitute for reality. Follow the money is a good start–but what matters going forward is income, and most especially, net income and disposable income. Debt is important, money/capital flow is … Continue reading

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You Want a Solution? Try Not to Get Hurt When It Collapses, Then Start Over

Once the deadwood piles high enough, the random lightning strike ignites a fire so fast-moving and so hot that it cannot be suppressed, and the entire financial system burns to the ground. In discussing our broken healthcare system with a … Continue reading

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