Eight trends to follow in 2013 and beyond.
Trend #1: Central Planning intervention in stock and bond markets will continue, despite diminishing returns on Central State/Bank intervention
Trend #2: The omnipotence of the Federal Reserve will suffer a fatal erosion of confidence as recession voids Fed policy and pronouncements of “recovery”
Trend #3: The Mainstream Media (MSM) will continue to lose credibility as it parrots Central Planners’ perception management
Trend #4: The failure of what is effectively the “State religion,” Keynesianism, will leave policy makers in the Central State and Bank bereft of policy alternatives
Trend #5: Economic Stagnation will fuel the rise of Permanent Adolescence
Trend #6: Income is the foundation of real economic growth and wealth-distribution stability
Trend #7: Small business—the engine of growth—will continue to decline for structural reasons
Trend #8: Territorial disputes will continue to be invoked to distract domestic audiences from domestic instability and inequality
New instrumental song (5:36) by CHS and Coconut Charlie: Alex and Daz Theme (the characters in I-State Lines -- one of My Novels).
My new book Why Things Are Falling Apart and What We Can Do About It is now available in print and Kindle editions--10% to 20% discounts.
1. Debt and financialization
2. Crony capitalism and the elimination of accountability
3. Diminishing returns
5. Technological, financial and demographic changes in our economy
Complex systems weakened by diminishing returns collapse under their own weight and are replaced by systems that are simpler, faster and affordable. If we cling to the old ways, our system will disintegrate. If we want sustainable prosperity rather than collapse, we must embrace a new model that is Decentralized, Adaptive, Transparent and Accountable (DATA).
We are not powerless. Not accepting responsibility and being powerless are two sides of the same coin: once we accept responsibility, we become powerful.
10% discount on the Kindle edition: $8.95 (retail $9.95) print edition: $24 on Amazon.com
To receive a 20% discount on the print edition: $19.20 (retail $24), follow the link, open a Createspace account and enter discount code SJRGPLAB. (This is the only way I can offer a discount.)
|Thank you, Craig H. ($50), for your extraordinarily generous contribution to this site -- I am greatly honored by your steadfast support and readership.||Thank you, Lawrence R ($10), for your much-appreciated generous contribution to this site --I am greatly honored by your support and readership.|