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Authored by Charles Hugh-Smith via OfTwoMinds blog,

Clinging to magical-thinking fixes that change nothing on the fundamental level hastens collapse.

Here we stand on the precipice, and all we have in our kit is a collection of delusional magical thinking that we label "solutions." We are not just morally and financially bankrupt, we're intellectually bankrupt as well.

Here are three examples of magical thinking that pass for intellectually sound ideas:

Authored by Charles Hugh-Smith via OfTwoMinds blog,

The gap between the happy-story fantasies of easy fixes to institutionalized corruption and systemic stagnation and the fraying-rope reality is widening, straining the bonds holding the whole contraption together to the breaking point.

Authored by Charles Hugh-Smith via OfTwoMinds blog,

The only possible output of a system lacking any discipline is self-destruction.

Whatever is free is squandered. When water is free, it's freely wasted. When electricity is free, there's no motivation to use it wisely.

Via Charles Hugh-Smith of OfTwoMinds blog,

The battle raging in the Deep State isn't just a bureaucratic battle - it's a war for the soul, identity and direction of the nation.

By EconMatters

We discuss the API Report, and what it means for the Oil Market on Wednesday in this video. We blow through the previous Record High Oil Storage Levels Tomorrow!

https://www.youtube.com/watch?v=K5aOW0wcHO8

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