Thursday, April 27, 2017

Talk in Boston

I'll give a talk and Q&A on QUIDNON at the Artisan's Asylum in Somerville, MA at 8pm on Thursday, May 4th. Hope to see you there.

Tuesday, April 25, 2017

Obsolete Maps, Unfamililiar Landscapes

In his recent blog post, A Matter of Mercy, James Howard Kunstler compared the common state of mind of the USA to that of an Alzheimer’s patient. Themes pop up in the news and mass media mouthpieces wax hysterical about them. Then, abruptly, their mouth music stops, and thème du jour vanishes from view. “Russian meddling” in the US presidential election made a lot of noise; and then… crickets. Moving right along, there was an alleged chemical attack in Syria (of which there is still no verifiable evidence); therefore, “Assad must pay” (by having a handful of unused 30-year-old jets blown up). Awkwardly, only about a third of the very expensive Tomahawk cruise missiles manage to reach the target (the wrong end of an airfield). Even more awkwardly, the Russians take this opportunity to show off their previously top secret electronic warfare equipment. And then the story dies (just as the US refuses to authorize an investigation into the chemical attack). And then it’s on to North Korea. And so on, endlessly.

Kunstler makes the point that the national dialogue in the US is plumbing the depths of senility: disturbing images flash across the screen; some number of supposedly well informed and right-thinking people make loud harrumphing noises about them along the lines that “something must be done,” and then… nothing! That, indeed, is what we have been observing. But what are the root causes of this serial national amnesia? Even if it looks like senility, may this be just a symptom of an entirely different national ailment? After all, not everyone in the US is senile… A much better explanation is not hard to find. Let’s delve.

[Continue reading… 3013 words]

Sunday, April 23, 2017

Ridiculously versatile

The world is full of boats that do just one thing quite well. QUIDNON is not one of them: it does a great number of things adequately and just one thing ridiculously well.

Ocean yachts are designed for ocean cruising and racing. They make poor houseboats due to lack of space. They can’t go through shallows because they have a keel. They don’t make good canal boats because their masts can’t pass under low bridges. They require a crane or a Travelift for hauling them out for maintenance. They are expensive. They are also quite slow. They can’t carry much freight.

Motor boats are sometimes big enough to make good houseboats. They are either unable to make long ocean passages because of their limited range, or they are expensive to take on ocean passages because of fuel costs. They can go faster than sailing yachts, but then their fuel consumption becomes quite ridiculous. When used as houseboats, their large engines make a poor investment. They also require a crane or a Travelift for maintenance. Some of them can carry a considerable amount of freight, but this makes them slower and increases the fuel consumption.

Houseboats are either houses built on floats or boats that can’t handle rough water. They are reasonable to live on and can be used on rivers and canals, but they can’t venture out on the ocean, never mind make ocean passages. They don’t carry freight.

Houses are great to live in—much roomier than any boat. But they do have two major shortcomings: they don’t move, and they don’t float. This is increasingly a problem: lots of houses are lost to flooding every year, and the toll will only go up as oceans rise and extreme weather events associated with climate change become more frequent. If an area where you have built a house becomes unpleasant or dangerous, you can’t just move the house but have find yourself a new dwelling.

Boats do float, but with most boats nobody particularly wants to live on them on dry land. On land, both yachts and power boats have to be put up on jacks, and then living on them is like living in a treehouse, with a long climb up a ladder just to get home. If a flood causes them to float off the jacks, they are unlikely to settle back onto them. Instead, they fall over and get damaged. Then they don’t float any more.

Houseboats generally do better on dry land than other kinds of boats. The Dutch have built some houses on barges that are designed to float up and down. When the water is low, they bicycle home; when the water is high, they row a dinghy. That’s a good idea in a country that’s mostly under water. But I haven’t heard too many stories about people living on houseboats on dry land.

QUIDNON is specifically designed to do a great number of things adequately.

Continue reading...

Friday, April 21, 2017

Announcing: QUIDNON Crowdfunding Campaign

For the next month or so we will be trying to raise money to build the first QUIDNON. If you want to see this project realized, please consider making a contribution.

We have t-shirts, posters and books for those who donate.

And if you donate $500 or more (USD) we will do our best to deduct the amount of your donation from the price of your eventual order of the QUIDNON kit (if and when it becomes available).

Tuesday, April 18, 2017

The Mystery of American Violence

In a recent article, Paul Craig Roberts examined the violence unleashed on the world by a succession of recent US presidential administrations. Most of these acts were either partly or entirely illegal under international law, and all of them without exception were initiated with bogus justifications. Roberts concludes that “Washington is a collection of morons, people stupid below the meaning of ‘stupid’.” Yet he himself sounds dumbfounded: “What is the reason for all the death and destruction and the flooding of the West with refugees from the West’s naked violence? We don’t know.” The only rationale he can find is that “…violence is what America is. There is nothing else there. Violence is the heart of America.”

Tuesday, April 11, 2017

Groundhog Day in Syria

When listening to people you shouldn’t necessarily trust (because, for instance, they are known to be liars) it is very important to try to assess whether or not they are lying. And so it is with the representatives of the US government and their counterparts in the EU: they have lied about a great many things in the past; are they lying about Syria now? They lied about the Gulf of Tonkin and used these lies to start the Vietnam war. They lied about Iraqi weapons of mass destruction, and used that to justify the invasion of Iraq. They lied about humanitarian disasters in Kosovo and in Libya, and used these to dismember Serbia and to destroy Libya. And so a good, conservative starting point is to assume that the Americans are lying, then search for evidence that would indicate that this time they might be telling the truth. Let’s take a close look.

Continue reading… [3,367 words]

Friday, April 07, 2017

QUIDNON: A Guided Tour

There are lots of exciting developments for this project. First, we are zeroing in on the design, putting the finishing touches on various pieces. Second, we are about to announce the crowdfunding campaign to the world, so stay tuned.

In this post I will provide a look at all the more important elements of the design by presenting and narrating detailed views of the 3D model.

We start our tour underwater, as a scuba diver would, approaching a floating QUIDNON from below.

Tuesday, April 04, 2017

The Demiurge and the Banality of Evil

During my recent book tour to promote my book Shrinking the Technosphere there were several occasions when I found myself hard-pressed to answer a simple question: “But what is the technosphere, really?” Calling it is an “emergent intelligence” sounds highly intellectual but doesn’t answer the question of what physical entity, if any, possesses that intelligence. Saying that it is a generalized property of human minds bolstered by such things as internet servers and robots again misses the mark: how can a property have an agenda—which is to pursue an abstract teleology of infinite growth and total control? At one point I ventured that the technosphere could be conceived of as a spirit, and that its influence on the human minds it holds captive could be characterized as a sort of demonic possession.

Let’s keep in mind that however we choose to characterize it, be it as “emergent intelligence” or as “demonic possession,” we are still completely reliant on metaphors. And since one metaphor may very well be worth another, it seems worthwhile to ask which metaphor happens to be more effective and accurate. This is bound to vary by audience: those who are cerebral, agnostic and try to find out about the world by reading nonfiction (and perhaps science fiction) probably find the term “emergent intelligence” more palatable than “demonic possession” while those who feel their way through life might think that things invisible are all of one nature whether they sound scientific or unscientific.

And so, following on the last post, which explored the confines of what is known about “the guy who created the universe” in this one we test the limits of what can be achieved by considering the technosphere as a demiurge. We will again do our best to adhere to anaphatic theology, which relies on what can be observed and reasoned about rather than on the creative outputs of revelation, prophesy, imagination, wild fancy or plain old lunacy.

Continue reading...

Tuesday, March 28, 2017

Reality is not an option

I just got back from Lancaster, Pennsylvania, where I participated in a panel discussion with John Michael Greer, James Howard Kunstler, Chris Martenson and Frank Morris, moderated by Kevin Lynn, on why reality is not an option in contemporary American public discourse. It was professionally filmed and the video is available on YouTube. Now that I am back on the boat, I will rest from the travels, then work on next week's post, in which I will answer the question I posed at the end of last week's post. (Those of you who agreed to pay the princely sum of $1/month know what it is.)

Tuesday, March 21, 2017

The guy who created the universe

A great divide runs through the world. On one side you have people who insist that they love Jesus and that you should too, or who prostrate themselves toward of Mecca several times daily, wear a hijab and/or grow out their beards and mustaches. The bearded and mustachioed women among them generally prefer to wear a burqa instead, and who can blame them. On the other side you have those who consider themselves educated, and therefore enlightened, and who look down upon the Jesus-lovers. They generally decline to do the same for the Muslims, at least in public, out of political correctness. Instead of finding succor and solace in their faith, this latter group seeks to achieve the same effect by popping pills.

I believe that I am in a position to help bridge this gap because I have spent a lifetime on both sides of it without experiencing any cognitive dissonance. On the one hand, I am an engineer by training and had a career in high energy physics designing equipment for experiments that tried to find out whether protons decay, why there is so much more matter than antimatter in the universe, and just how precisely can we measure a certain physical constant before the project runs out of money. On the other hand, I am ordained as Reader in the Orthodox Church, know how to chant in Church Slavonic and am generally conversant with the culture and the rituals of Orthodox Christianity. In the interest of helping people understand each other better, I want to try to bridge this gap by posing and answering a few probing questions such as: “Who is this God character anyway?”, “Does it make any sense to say that God either does or does not exist?”, “How can we prove that our faith in science isn’t blind?” and “No matter what we believe, aren’t we all delusional anyway?”

Read more… [2,618 words]

Monday, March 20, 2017

Going into hiding...

For the past couple of weeks I have been hiding behind a paywall. This has been working out quite well. First, I have stemmed the flow of effluent known as "blog comments" from evil-wishers. Good riddance! Second, I have an incentive to work on a weekly essay that I didn't have before. Lastly, and least importantly, I am no longer speaking truth in public. I am now speaking truth in private. Speaking truth in public is, given the decrepit state of this republic, a seditious act. Thank you for your understanding.

Sunday, March 19, 2017

“A Houseboat that Sails” in the Press

A write-up on Quidnon has been published in Bob Hicks' venerable publication, Messing About in Boats. Enjoy.

Tuesday, March 14, 2017

From Hypocrisy to Cynicism

Our wondrous, mysterious universe abounds in sudden changes of state. They can be observed at every scale: huge stars suddenly collapse into black holes; droplets of water suddenly turn into snowflakes. Sometimes such almost instantaneous transitions are induced to good effect: soft iron is transformed into the hard martensite of tool steel; soft graphite is compressed into super-hard industrial diamonds. Whenever such shifts occur, they display one common property: their exact timing is arbitrary, and therefore impossible to predict. Thus, seismologists can predict the direction and the distance of a tectonic shift, but not when it will happen. Even very simple systems studied in carefully controlled laboratory settings, such as tiny sand piles, behave unpredictably. The triggering event may be significant enough to be measurable, or it may be infinitesimally small and thus undetectable. But one observation is valid for all such phenomena: they run their course very quickly relative to the duration of steady-state conditions that precede them.

Such shifts of state are not limited to mechanical systems but also affect behavior of groups of animals. The sound of a single gunshot can cause a flock of birds to fly up or a herd of grazing animals to set off in a stampede. Humans are not immune from such behavior either, and panicked crowds often surge toward the exits, crushing people underfoot. But it is human society, in all of its complexity, that can undergo the most dramatic and impressive shifts of state. Governments crumble, empires collapse, financial pyramids evaporate, and people are left scratching their heads because they can’t identify the triggering event. But just as it doesn’t matter which single snowflake triggers an avalanche, this is irrelevant: the trigger is not the root cause.

As the social order decays, previously equitable arrangements are gradually transformed into blatant swindles. Social tensions build. At some point some relatively insignificant event—these days it might be a tweet, a “hot mike” incident, the death of a public figure—sets off a chain reaction in which nobody wants to fall behind the rest and remain as the last fool to believe in a lie, but numerous people spontaneously opt for a horrible end to the status quo, seeing it as preferable to horror without end.

All of the above qualifies as “hand-waving analysis”—pretty much just words. But I intend to go beyond hand-waving and propose a conceptual model and a technique for analyzing various aspects of societal status quo in order to gauge how close any given society is to the point when a huge effect can ensue from a tiny, arbitrary cause. To this end, I choose to employ a couple of morally and philosophically loaded terms such as hypocrisy, skepticism and cynicism—but I intend to strip them of any moral significance and treat them as purely functional descriptors of psychological mechanisms. The model of society I will use may seem somewhat unsophisticated, but I think that it will suffice for our purpose—which is to be able to spot the situation when a heretofore stable society turns into one “rigged to blow” at any moment and without any warning.

Continue reading…

Tuesday, March 07, 2017

The Real Nuclear Threat

[Please note: all new original content will only be accessible in full to those who pledge a minimum of US$1 per month through Patreon. Worthwhile content doesn't grow on magical content trees, you know. I intend to continue posting every Tuesday.]

On January 26, 2017 the Bulletin of the Atomic Scientists’ Science and Security Board has moved up its Doomsday Clock 30 seconds closer to metaphorical midnight, and it now stands at just 2.5 minutes to midnight. Why did the Board decide to make this change? Essentially, “because Donald Trump.” In other news, the Board also observed that although the Paris climate accord is a good thing, the climate is pretty close to midnight as well.

These are very serious people: well-educated, professional, some Nobel Prize winners—in a word, experts. We should trust their word. But then they trust Donald Trump’s word. What gives? Apparently, none of them are experts on Donald Trump. I don’t pretend to be one either, so for the paragraph that follows let me turn it over to my old friend and resident expert on all things Trump, Captain Obvious.

“If you look at Trump’s business dealings, he has been consistently cautious and risk-averse. If you look at his political maneuverings, and glance briefly at his book, The Art of the Deal, you discover that his negotiating technique always involves making an extreme first offer, then seeking compromise. And if you look at his Twitter feed, you discover that he loves to troll people. Have these respected Atomic Scientists been trolled? It would certainly appear that way…”

And so I remain entirely unimpressed by the untestable hypothesis espoused by the atomic experts that Trump’s mouth is capable of moving the minute hand of the doomsday clock. But I am even less impressed by something else: the complete and utter failure of these nuclear sages to understand what the actual nuclear threat is, which is, at this moment, becoming quite extreme. For this they may perhaps be forgiven; if all they do is read and listen to Western media sources, then they would never find out anything about it. Western intelligence sources are no better, seeing as they appear to have been “hacked by the Russians.”

In fact, it would appear that the only way to get an inkling of what’s really going on…

Continue reading…

Eating Your Animals

The message of the recently published book Prosperous Homesteading raises very few objections with most people. Some elements initially surprise, especially those that haven’t received much thought. These include the motto “No farming!”: farming is a business that feeds strangers in exchange for money; a homestead is a family that feeds itself; these concerns are orthogonal. Another element that may be hard to grasp is the entire financial scheme that allows homesteaders to prosper: no debt; no monthly bills; no insurance; only the bare essentials as far as unproductive assets such as a house or a car; few assets at risk. The suggestion that young people should work, save, buy land and start families instead of going to keg parties and cramming for tests while hung over may seem radical to some; but then what about the radical notion that young people should be pushed into the higher education racket, from which a majority of them emerges with few practical skills, uncertain job prospects and a mountain of debt that cannot be discharged through bankruptcy?

Yes, such practical considerations take a while to wrap one’s head around. But another point of confusion comes from an image, apparently held by many, that a homestead is a house with a garden. Homesteading is not gardening. You should certainly eat your vegetables and, since you won’t be shopping for food any more, you should certainly grow plenty of them. Fancy horticultural experiments are not out of the question once the homestead has achieved prosperity—defined as not needing an external source of money—but the basic ingredients for success are water (from rainwater capture), energy (in the form of deadfall harvested from the woodlot) and hay (from hayfields and pasture). These are all free—which is why you shouldn’t pay for them. Energy grows on trees, water falls from the sky, and grass keeps growing… provided you spread manure on the hayfields, and for that you need livestock. Hence, Jeffers concludes, “No livestock—no homestead!”

Friday, March 03, 2017

Interview on Legalise Freedom

Podcast link

Over the past two centuries we have witnessed the wholesale replacement of most previous methods of conducting both business and daily life with new, technologically advanced, more efficient methods, but what exactly is progressive or efficient about this new arrangement is hardly ever examined in depth. If the new ways of doing things are so much better, then we must all be leading relaxed, stress-free, enjoyable lives with plenty of free time to devote to art and leisure activities. But a more careful look at these changes shows us that the rapidly evolving brave new world of gadgets, gizmos and constant connectivity is instead a metastasising matrix of manipulation and control in which we have become slaves to money and machines. Creeping ever closer to outright omniscience, the Technosphere is an emergent intelligence in its own right.

The harm to the environment, society, and our individual lives is plain to see, but is brushed off amid hollow mantras about productivity, progress, and the graven idol of economic growth. Shrinking the Technosphere guides readers through the process of bringing technology down to a manageable number of carefully chosen, essential, well-understood, and controllable elements. It is about regaining the freedom to use technology for our own benefit, and is critical reading for all who seek to get back to a point where technologies assist us rather than control us. The endgame of the Technosphere is total domination; the outcome will be total destruction. But can humanity take back control before digital Armageddon finally dawns?

Tuesday, February 28, 2017

What is Homesteading?

Prosperous Homesteading has been out for a little over a week now and has been selling extremely well. But based on the feedback so far, the concept of “homesteading,” as defined in this very practical book, needs to be better explained. Yes, you can register your house as a “homestead” to shield it from foreclosure or to lower your taxes; would you then be homesteading? No.

Homesteading is not a hobby, a business or an individual pursuit; it is the main activity of a family. It is an essential “lifehack”—a way to get around the strictures imposed on us by a crumbling society that is set in its ways and incapable of even considering absolutely essential changes. It is about insulating yourself and your family from the vagaries of a system that is running amok, and about regaining a viable future and peace of mind.

Tuesday, February 21, 2017

Prosperous Homesteading

Update: as of Thursday morning, just four days since the book became available on Amazon, it has broken into the top 10,000. At this very moment, its bestseller rank stands at #6,246. So far, this is shaping up to be the most successful book I've ever published. And it certainly deserves to be: here is a book that many people can actually use to significantly improve their lives. Thank you, and please help spread the word!

If you expect the future to resemble the past, then you are very likely to be disappointed. Quite a few people understand this, but don’t know of any alternative to continuing to do what they are accustomed to doing—driving to a job, shopping, paying bills—until they no longer can. They can’t figure out anything better to do than shove their children through an overpriced educational scheme so that upon graduation they can take part in a game of economic musical chairs—until they no longer can either.

A lot of people also find the future too depressing to think about. Yes, it is depressing to think about cities and suburbs with no electricity, running water or functioning sewers, buried in rotting garbage and trash and overrun by feral dogs and armed gangs. It is far more pleasant to escape into a fantasy world where renewable energy saves the day as soon as the fossil fuel industry gets out of its way, or where the fossil fuel industry saves the day as soon as the environmentalists get out of its way, or some other politically motivated nonsense.

One question that doesn’t seem to be asked enough is, What alternative is there that actually works? The answer is surprising: there are hundreds of thousands of people living throughout North America who will be largely unaffected by the dismal scenario outlined above. When the electric grid fails, they won’t even notice. When cities and suburbs became uninhabitable due to filth and crime, they won’t even know about it. When starving vagabonds come trudging by their homestead, they will be fed a good meal and gratefully move on.

Tuesday, February 14, 2017

Women on the verge

A conversation between two of my friends, James Howard Kunstler and Piero San Giorgio, about Piero's recent book, which I translated and published. Please have a listen.

You are not in control

My recent book tour was very valuable, among other things, in gauging audience response to the various topics related to the technosphere and its control over us. Specifically, what seems to be generally missing is an understanding that the technosphere doesn’t just control technology; it controls our minds as well. The technosphere doesn’t just prevent us from choosing technologies that we think may be appropriate and rejecting the ones that aren’t. It controls our tastes, making us prefer things that it prefers for its own reasons. It also controls our values, aligning them with its own. And it controls our bodies, causing us to treat ourselves as if we were mechanisms rather than symbiotic communities of living cells (human and otherwise).

None of this invalidates the approach I proposed for shrinking the technosphere which is based on a harm/benefit analysis and allows us to ratchet down our technology choices by always picking technologies with the least harm and the greatest benefit. But this approach only works if the analysis is informed by our own tastes, not the tastes imposed on us by the technosphere, by our values, not the technosphere’s values, and by our rejection of a mechanistic conception of our selves. These choices are implicit in the 32 criteria used in harm/benefit analysis, favoring local over global, group interests over individual interests, artisanal over industrial and so on. But I think it would be helpful to make these choices explicit, by working through an example of each of the three types of control listed above. This week I'll tackle the first of these.

Tuesday, February 07, 2017

Parbuckle and Launch

Most of what it will take to assemble QUIDNON from a kit is quite easy. The plywood panels that make up the core of the hull are fitted together using mortise and tenon joins which are then fixed in place using wedges driven in with a mallet. Outer layers of plywood are glued on and screwed in place using an electric drill. Joints are saturated with epoxy and filleted using brushes and other hand tools. An outer layer of fiberglass is applied to the hull by draping it in fiberglass cloth and saturating it with epoxy using rollers. Most of these are fun activities for family and friends. But there are two operations that are daunting for even the seasoned and experienced DIY people: flipping the hull over, and launching it.

Continue reading...

Tuesday, January 31, 2017

It's the Saudis, Stupid!

[I am still in recovery from the book tour (which went well), so here is a timely rerun. Trump just banned entry to migrants from a list of “terrorist” countries that had been concocted by the Obama administration. Missing from that list is terrorist country number one: Saudi Arabia. It would be too much to hope that Trump will amend Obama's list, however; no matter who happens to be president, the US and the Saudis are pretty much joined at the hip.]

[Just nine days after I pointed out that Obama's latest “humanitarian” bombing puts American lives in danger, we have the video of the journalist James Foley's beheading at the hands of Daash, a.k.a. Islamic Caliphate, a.k.a. ISIS/ISIL. Well, that didn't take long! But there is more to the story: what stands behind this event, and others, such as 9/11, the Boston Marathon bombing, the Benghazi massacre and numerous other acts of terror is none other than America's best friend, the House of Saud. Here is a post by my friend Idris to explain this vital connection.]

The recent rise of the Islamic State (IS) in Syria and Iraq, along with its bedfellow Jahbat Al-Nusra (JN) is being viewed with alarm worldwide. It is the latest in a series of problems related to Islamic extremism for which Al Qaeda is the poster child. From Somalia to Yemen to Nigeria to the Levant to Afghanistan and Pakistan, to Chechnya to Xinjiang, China and even raising its head among the populations of western countries, both Muslim and non-Muslim are facing the ravages of the Salafi/Takfiri Nexus of Jihad.

Tuesday, January 24, 2017

In Psychopaths We Trust

There is a new executive team taking over in Washington. Some people view this development with cautious optimism, others quake in trepidation, gnash their teeth, rend their garments and scatter ashes over the heads Old Testament-style. Those who expect things to be a bit different in Washington now can point to something rather specific: in his inaugural address, Trump used words never before heard in an inauguration speech: words like “bleed,” “carnage,” “depletion,” “disrepair,” “ripped,” “rusted,” “sad,” “stolen” and “trapped.” These words describe the real United States, not the fake United States concocted by politicians, the media and wealthy elites. The fake United States is close to full employment; the real United States has sidelined close to 100 million unemployed workers. In the fake United States the economy has recovered and is growing nicely; the real United States is sinking ever deeper into unrepayable debt, rushing headlong toward inevitable national bankruptcy. It would seem that Trump is interested in reality whereas his predecessor excelled in deluding himself—and others. This would indicate that perhaps the new boss won't be the same as the old boss.

Tuesday, January 17, 2017

East Coast Book Tour

Later this month I'll be appearing at the following bookstores to give a talk and to sign copies of Shrinking the Technosphere:

Tuesday, January 24, 17:30—18:30
Asheville, North Carolina

Wednesday, January 25, 19:00—20:00
Chapel Hill, North Carolina

Thursday, January 26, 19:00 – 20:15
Quail Ridge Books
Raleigh, North Carolina

Friday, January 27, 19:00—20:00
Four Seasons
Shepherdstown, West Virginia

Hope to see you there!

If you are interested in inviting me for a talk and a book signing, please email EJ at

The Day the World Changes

We are conditioned to think of change as lots of small changes—a continuum—although history tends to be punctuated by large, unforeseen events that are only understood after the fact. Last year's reconquest of Aleppo was one such incident. People are still assuming that Pax Americana is still an item; well, we'll just have to see. The US defense establishment may have just joined higher education, medicine and, of course, finance as just another brazen swindle.

Whenever something big happens, people become confused. Is a power cut just a temporary glitch in the grid, or is it the end of the grid?

Tuesday, January 10, 2017

Wherefore Goes Germany?

About a year ago, in of a mood of despair and a sense of looming danger, I wrote an article, which Dmitry was kind enough to publish on his blog, titled Exit Strategy for Traitors. This article is an update. Nothing has changed fundamentally, but a lot has happened, and the situation has improved in just one single respect.

Tuesday, January 03, 2017

How to Make America Great Again with Other People’s Money

A lot of the sharper-minded commentators have recently started pointing out a problem with Donald Trump’s plan to “make America great again”: lack of funds. The US is bankrupt: sinking ever-further into unrepayable debt, unable to achieve a rate of economic growth that could ever catch up with its growing debt burden. It is in the midst of a giant financial bubble that is propped up by various scams and rackets, from car loans whose term exceeds the useful lifetime of the car, to retirement fund shortfalls caused by effectively negative interest rates, to educational debt that condemns ever more young people to a lifetime of indentured servitude, to the medical racket which is now eating up over 20% of the economy while delivering some of the worst levels of well-being in the entire developed world… Attempts to fix any of these problems would inevitably run into long-standing, intractable political conflicts and contradictions and go nowhere while also bursting the financial bubble and turning the political realm into one very large and angry poop party. Better not even go there!

And so Trump’s plan to “make America great again” through infrastructure spending, repatriating manufacturing jobs and other great quests will have to wait, possibly forever. All of these things would require taking on even more debt, even as around the world everyone tries to unload US debt as fast as possible, leaving the Federal Reserve as the debt-buyer of last resort. This would have the effect of turning US sovereign debt into a pure Ponzi scheme, and Ponzi schemes don’t go on for too long. But if the requirement to “make America great again” is nonnegotiable, what alternatives are there?