MAD WORLD

And I find it kinda funny, I find it kinda sad
The dreams in which I’m dying are the best I’ve ever had
I find it hard to tell you, I find it hard to take
When people run in circles it’s a very very
Mad world, mad world

Image result for the primal scream

The haunting Gary Jules version of the Tears for Fears’ Mad World speaks to me in these tumultuous mad times. It must speak to many others, as the music video has been viewed over 132 million times. The melancholy video is shot from the top of an urban school building in a decaying decrepit bleak neighborhood with school children creating various figures on the concrete pavement below. The camera pans slowly to Gary Jules singing on the rooftop and captures the concrete jungle of non-descript architecture, identical office towers, gray cookie cutter apartment complexes, and a world devoid of joy and vibrancy.

The song was influenced by Arthur Janov’s theories in his book The Primal Scream. The chorus above about his “dreams of dying were the best he ever had” is representative of letting go of this mad world and being free of the monotony and release from the insanity of this world. Our ego fools us into thinking the madness of this world is actually normal. Day after day we live lives of quiet desperation. Despite all evidence our world is spinning out of control and the madness of the crowds is visible in financial markets, housing markets, politics, social justice, and social media, the level of normalcy bias among the populace has reached astounding levels, as we desperately try to convince ourselves everything will be alright. But it won’t.

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Social Media Linked To Loneliness And Depression, New Study Finds

Authored by Mac Slavo via SHTFplan.com,

Social media use has once again been linked to loneliness and depression. Research has been hinting at the connection for several years, but scientists from the University of Pennsylvania say that this new study is the most comprehensive and rigorous to date.

https://www.zerohedge.com/sites/default/files/inline-images/sad-despair-depressed-e1536596956576.jpg?itok=a3oTFsul

Social media is not all bad, as not much really is, but most people tend to have a difficult time using their social media accounts in moderation.  That, according to the new study, can leave a person’s mental state a little lacking. There are even therapies and rehabilitation for those who have an addiction to social media.

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Like Hoover and Dubya, will Trump eat his words about the economy?

Guest Post by Paul Brandus

“The fundamental business of the country, that is the production and distribution of commodities, is on a sound and prosperous basis,” Herbert Hoover said on October 25, 1929.

Oops.

“The basics in the economy are good,” George W. Bush said on Dec. 4, 2007.

Double oops.

Both of these presidents would soon regret their words. Hoover’s comments came after “Black Thursday,” when stocks fell 11% in the morning before clawing back—only to plunge 13% on “Black Monday” (Oct. 28), and another 12% the day after that. It was the beginning of the worst economic downturn the United States had ever seen—the Great Depression, which was made worse by a bone-headed decision to impose tariffs on America’s trade partners.

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If It Gets Bad, I’ll Go to Idaho

Guest Post by Jeff Thomas

In the 1930’s, the farm population in the US was nearly 25% of the total and it was quite common for farmers to borrow from the bank (using their farms as collateral) in the expectation that the proceeds from their annual crop would pay off the note each year.

But, in 1929, there was a crash in the stock market, lowering the sales price of crops significantly. That, and coincidental droughts throughout the farm belt, resulted in a large percentage of the thirty million farmers failing to meet their payments. They lost their farms.

Worse, they could not turn to another line of work, as layoffs were taking place in all industries, as a result of the Great Depression, which followed the crash.

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Over 200 Common Drugs Linked to Depression

Via Newsweek

a woman taking a selfie: Mental illness can affect everything from your immune system to your heart health.

One-third of adults in the U.S. may be unwittingly using prescription drugs that could cause depression or raise the risk of suicide, a study has found.

A team of scientists at the University of Illinois at Chicago warned that over 200 commonly prescribed drugs carry warnings that depression or suicide are potential side effects.

But patients and clinicians may be unaware of this link because the drugs may treat conditions unrelated to depression or mental health. Those include some painkillers; blood pressure and heart medication; hormonal birth control pills; proton pump inhibitors; and antacids.

The study published in the Journal of the American Medical Association is thought to be the first to reveal that polypharmacy—where several drugs are taken at once—is associated with a heightened risk of depressive symptoms.

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Feeling Isolated?

Authored by Adam Taggart via PeakProsperity.com,

  • Does anyone else in your life share your concerns for the future?
  • Is there someone you talk with regularly about the unsustainability of our current economic and ecological trajectories?
  • Do you have friends and/or family members who support your efforts to develop a more resilient lifestyle?

If you answered “no” to these questions, you’re not an outlier. In fact, the #1 most commonly-reported complaint we hear from Peak Prosperity readers is that they feel alone and isolated when it comes to the warnings delivered in The Crash Course.

The end of economic growth. Declining net energy. Accelerating resource depletion. These are MASSIVE existential threats to our way of life — to our species’ survival, even. Most PPers can’t comprehend why *everyone* isn’t obessively talking about these dangers.

https://www.zerohedge.com/sites/default/files/inline-images/Dollarphotoclub_52644148-e1528465994444.jpg?itok=e1uNxMRw

But very few people are. Truthfully, most don’t want to; for a wide variety of reasons.

So that leaves us, the conscientious critical thinkers, alone by ourselves to worry and plan.

Does this sound like you? If so, read on…

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BABY STEPS: You’ve Been Woke. Now Exit the Matrix.

By Doug “Uncola” Lynn via TheBurningPlatform.com

 

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‘Fallen! Fallen is Babylon the Great!  She has become a dwelling for demons and a haunt for every impure spirit……

Come out of her, my people, so that you will not share in her sins, so that you will not receive any of her plagues

– Revelation 18

 

There is an English salutation said to have been translated from a Chinese curse.  It states: May you live in interesting times. Well, like it or not, we do. There is so much insanity occurring every day, on a global basis, it is difficult to process.  So much so, that historians will one day look back on our time and scratch their heads in open-jawed, disbelief.

“Wait a minute,” they will say, “let us get this straight:”

Adam Schiff, the ranking member on the United States House Permanent Select Committee on Intelligence was overseeing an investigation into President Donald Trump’s alleged collusion with Russia because Trump was said to have obtained damaging information on Presidential Candidate Hillary Clinton; but, during the same time period, Schiff was engaged in obtaining damaging information from Russians on Presidential Candidate Donald Trump?

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Why The Next Recession Will Morph Into A Decades Long Depressionary Event… Or Worse

Authored by Chris Hamilton via Econimica blog,

Economists spend inordinate time gauging the business cycle that they believe drives the US economy.  However, the real engine running in the background (and nearly entirely forgotten) is the population cycle.  The positive population cycle is such a long running macro trend thousands of years in the offing that it’s taken for granted.  It is wrongly assumed that upon every business cycle downturn, accommodative monetary and fiscal policies will ultimately spur greater demand and restart the business cycle once the excess capacity and inventories are drawn down.  However, I contend that the population cycle has been the primary factor in ending each recession…and this most macro of cycles is now rolling over.  Without this, America (nor the world) will truly emerge from the next recession…instead it will morph into an unending downward cycle of partial recoveries…contrary to all contemporary human experience.

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Over The Last 10 Years The US Economy Has Grown At Exactly The Same Rate As It Did During The 1930s

Authored by Michael Snyder via The Economic Collapse blog,

Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad.  In this article, I am going to show you that the average rate of growth for the U.S. economy over the past 10 years is exactly equal to the average rate that the U.S. economy grew during the 1930s.  Perhaps this fact shouldn’t be that surprising, because we already knew that Barack Obama was the only president in the entire history of the United States not to have a single year when the economy grew by at least 3 percent.  Of course the mainstream media continues to push the perception that the U.S. economy is in “recovery mode”, but the truth is that this current era has far more in common with the Great Depression than it does with times of great economic prosperity.

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DARK CONSENSUS

Guest Post by Ol’ Remus

art-remus-ident-04.jpg Imagine a deflation so severe, so catastrophic and long-lasting, with so many banks collapsing that cash all but ceased to circulate. Imagine towns and cities so desperate for physical currency they printed their own . Imagine cash having measurably more buying power with each passing week. Imagine half of all banks closing their doors forever. Imagine surviving banks making a dependable and risk-free real profit from money they didn’t lend. This was the Depression, and it lasted for about a decade.

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WHAT THE HELL IS GOING ON? (PART TWO)

In Part One of this article I exposed the establishment narrative of a strong economy as rubbish by providing hard data regarding imploding gasoline usage, failing bricks and mortar retailers and plunging restaurant sales.

“Inflation may indeed bring benefits for a short time to favored groups, but only at the expense of others. And in the long run it brings ruinous consequences to the whole community. Even a relatively mild inflation distorts the structure of production. It leads to the overexpansion of some industries at the expense of others. This involves a misapplication and waste of capital. When the inflation collapses, or is brought to a halt, the misdirected capital investment—whether in the form of machines, factories or office buildings—cannot yield an adequate return and loses the greater part of its value.Nor is it possible to bring inflation to a smooth and gentle stop, and so avert a subsequent depression.” – Henry Hazlitt – Economics in One Lesson

Inflation is the opium of the masses. The establishment’s interest in dumbing down the masses through government controlled public school indoctrination couldn’t be clearer than examining the chart below. The average non-thinking, math challenged, iGadget distracted, media controlled pawn thinks their household income has risen by $6,000 since 2008 because they have no understanding of Fed created inflation.

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GREY CHAMPION ASSUMES COMMAND (PART TWO)

In Part One of this article I discussed the arrival of Grey Champions in previous Fourth Turnings; their attributes, deficiencies, and leadership skills; and why Donald Trump is the Grey Champion of this Fourth Turning – whether you like it or not. Now I will try to make sense of what could happen next.

“Our movement is about replacing a failed and corrupt political establishment with a new government controlled by you, the American people. The establishment has trillions of dollars at stake in this election. For those who control the levers of power in Washington and for the global special interests, they partner with these people that don’t have your good in mind. The political establishment that is trying to stop us is the same group responsible for our disastrous trade deals, massive illegal immigration and economic and foreign policies that have bled our country dry.

It’s a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities. The only thing that can stop this corrupt machine is you. The only force strong enough to save our country is us. The only people brave enough to vote out this corrupt establishment is you, the American people.” Donald Trump

Seventy year old Donald Trump has assumed the Grey Champion flagstaff. In an increasingly chaotic world, normal working class Americans in flyover country were seeking a leader who could bring order, defeat the corrupt establishment, make tough decisions, and capture the zeitgeist of this moment in history. The ruling elite oligarchs and their fawning minions, occupying their strongholds in New York, California, Illinois, and D.C., are infuriated the peasants have dared to resist. In their secretive secure spaces, the elites are plotting with one purpose in mind – this uprising must be quelled.

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Don’t Bet on Deflation Lasting Forever

Guest Post by Bill Bonner

More Mumbo-Jumbo

OUZILLY, France – Imagine the poor economist without a sense of humor. How he must suffer! This week was to be dominated by central banks. Two big ones – the Bank of Japan (BoJ) and the Fed – were to make important policy announcements.

 

kuroda-blackboardThe BoJ’s chief lunatic Haruhiko Kuroda with one of his famous diagrams. How can this not work? It looks so neat!

Photo credit: Yuya Shino / Reuters

 

The speculators placed their bets, front-running the news, and sat on the edge of their chairs. This week, the BoJ came out with more mumbo-jumbo. “Yield curve control,” it promised. The central bank says it will target a 0% yield on 10-year Japanese government bonds.

It added that it would continue buying the nation’s stocks (by way of exchange-traded funds) and charging a negative interest rate of 0.1% on the accounts banks keep with it.

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“We Haven’t Seen This Since The Great Depression” – Gallup CEO Destroys The “Recovery” Lie

By Jim Clifton, Chairman and CEO at Gallup

The Invisible American

I’ve been reading a lot about a “recovering” economy. It was even trumpeted on Page 1 of The New York Times and Financial Times last week.

I don’t think it’s true.

The percentage of Americans who say they are in the middle or upper-middle class has fallen 10 percentage points, from a 61% average between 2000 and 2008 to 51% today.

 

Ten percent of 250 million adults in the U.S. is 25 million people whose economic lives have crashed.

What the media is missing is that these 25 million people are invisible in the widely reported 4.9% official U.S. unemployment rate.

Let’s say someone has a good middle-class job that pays $65,000 a year. That job goes away in a changing, disrupted world, and his new full-time job pays $14 per hour — or about $28,000 per year. That devastated American remains counted as “full-time employed” because he still has full-time work — although with drastically reduced pay and benefits. He has fallen out of the middle class and is invisible in current reporting.

More disastrous is the emotional toll on the person — the sudden loss of household income can cause a crash of self-esteem and dignity, leading to an environment of desperation that we haven’t seen since the Great Depression.

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Harvard Crushes The “Obama Recovery” Farce With 9 Simple Charts

Tyler Durden's picture

A couple of months back we posted 9 charts that, at least in our minds, debunked the myth of the “Obama Recovery” despite suggestions from the administration that any such efforts were just a futile attempt at “peddling fiction” (our original post: “These Are The 9 Zero Hedge Charts Showing “Obama’s Recovery” That Angered The Washington Post“).

Turns out that Harvard likes to dabble in “fiction peddling” as well:

Harvard

 

In a recent study entitled “Problems Unsolved and a Nation Divided” (study can be viewed in its entirety at the end of this post), Harvard University points out that, despite claims of an “Obama Recovery,” in fact, the U.S. economy has continued to deteriorate in the aftermath of the “great recession.”  Among other things, Harvard attributes the economic deterioration to a “lack of economic strategy, especially at the federal level” and a “political system was once the envy of many nations” but has now “become our greatest liability.”  Below are a couple of the key conclusions:

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“It’s Worse Than The Great Depression” – One In Six Prime-Aged Men Has No Job

Tyler Durden's picture

While Obama has repeatedly touted the sub-5.0% unemployment rate (4.9% most recently) as confirmation his “economic recovery” has been successful, what has received far less media attention has been the unprecedented surge in Americans no longer in the labor force, which as of August stood at a near-record 94.4 million.

And while the traditional response by economic apologists and the media has been that this number is the result of a demographic change in US society, with mostly older workers no longer in the labor pool, we have over the years argued that that is misleading, and that millions of prime-aged workers have fallen out as a result of drastic changes to America’s job market, coupled with structural lack of demand for legacy jobs, which has – for example – sent the number of employed waiters and bartenders to all time highs even as the number of manufacturing workers is lower than it was in December 2014.

 

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