Catch-20: The 20 Dynamics That Will Shape the Next Decade

Producing quality goods that aren't addictive or obsoleted in a few years--there's no money in that, fool. Get real. You want to get rich, "invest" in a bet in the casino. Is placing a bet in a casino an "investment"? Absolutely! An "investment" is now defined as a wager, often leveraged, at a gaming table in the casino. Anything that offers...

If we study the problems outside the force-field of mythological beliefs, we find that there are no systemic solutions, there are only partial, local solutions. The status quo rests on a foundational belief that all problems, regardless of their nature, can be solved by technology, the market or the government (i.e. the state), or some...

When 21% interest rate credit cards are the only thing keeping the lid on awakening and revolt, that's not a sustainable fix. The easy credit, high interest rate swindle has been a financial feature of the landscape for so long it's rarely examined for what it is: not just a reliably profitable swindle, but as a safety valve for a broken...

That's the problem with deploying play-acting as "solutions:" play-acting doesn't actually fix the problems at the source, it simply lets the problems run to failure. By now, we all know the name of the game is narrative control: we no longer face problems directly and attempt to solve them at their source, we play-act "solutions" that leave...

The status quo has it backwards: low rates are now essential to prop up the wreckage left from previous doses of default and cascading losses. The economy depends on two related drivers: low interest rates and asset bubbles. These two feed back into one another, as low rates / loose credit enables those marginal buyers who otherwise wouldn't...