Executive Summary
- The gigantic predicament we all face
- What you should do, as a concerned individual
- What WE should do, as a society
- Contributing to the new narrative
If you have not yet read Part 1: Mad As Hell available free to all readers, please click here to read it first.
It simply has to be said; there appears to be little to no public appetite for facing reality.
At least not without some sort of a calamity or forcing function to press the issue that will wake up enough people and call out what leadership actually exists to finally step up and begin to deliver.
The many predicaments and extreme complexity require astonishingly great leadership to address and there’s really none of that to be found anywhere at the moment.
So we must adopt a two prong approach in our lives to both deal with the coming calamities and lay the groundwork for the next stage of things.
As it stands right now, the central banks are mainly interested in propping up the asset markets which is only serving to enrich the already stupendously rich with a few minor scraps for enough upper and middle class people to keep them content to play along. While this is being done, enormous imbalances are being created even as the underlying structural issues remain unaddressed.
Some of these are even dead simple, single factor financial issues, which should be among the easiest to detect and address yet these to remain unexamined and unaddressed. Examples include exponentially increasing debt-per-capita in Japan (goosed by demographics) and pensions being utterly gutted by too-low interest rates.
If the simple math of these situations is still too difficult and complex to allow for any sort of proper response, we have to then conclude that the more subtle and intractable and larger issues we face are even further out of reach.
Here I am talking about needing to...
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