Month: November 2009
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LIGHT AT THE END OF THE TUNNEL
Now that Baconโs Rebellion Blog has resolved the โCollapse of Agencies (aka, governments going brokeโ problem) and solved the liberal vs conservative conundrum (as reflected in the off-year elections) let us return to the REAL determinant of the economic, social and physical future of civilization โ functional and dysfunctional human settlement patterns. THERE IS A…
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BACON IS RIGHT
Jim Bacon is very right: The nation-state scale Agencies โ driven by the “leadership” of both political clans โ are driving the US of Aโs economy towards Collapse as defined by Jared Diamond. The Great Recession was triggered by greed. The underlying problems are Wrong Size House in Wrong Location โ thanks to Fanny and…
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WARREN’S “ALL IN” BET
THERE IS A LOT OF TALK ABOUT WARREN BUFFETT’S BIG BET ON BNSF AND THE FUTURE OF THE US OF A. What is MUCH more important is what he DID NOT bet on: Warren DID NOT bet on Autonomobiles โ and there are a lot of them for sale. Warren DID NOT bet on Airlines…
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Bacon’s Latest Jeremiad: A Response
Years from now, in the midst of the worst financial meltdown ever, Jim Bacon must want to know that somewhere, somehow, a graduate student poring over old tomes came across his articles about the fiscal sky falling. You heard it here first! Jim is right about a few things in his latest missive about America…
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Could America Go Broke?
That’s the question that Washington Post columnist Robert Samuelson asks in today’s column. The very idea of the likes of the United States, Japan or Great Britain defaulting on their sovereign debt once seemed preposterous, he writes. It still seems far fetched. But it’s not so far fetched that people haven’t begun asking whether it’s…
