Say Goodbye To Normal – We’re Going Medieval…”I have to say it again: prepare to get smaller and more local.”
by James H. Kunstler via Kunstler.com,
ZeroHedge.com
08/31/2015
The tremors rattling markets are not exactly what they seem to be. A meme prevails that these movements represent a kind of financial peristalsis – regular wavelike workings of eternal progress toward an epic more of everything, especially profits! You can forget the supposedly “normal” cycles of the techno-industrial arrangement, which means, in particular, the business cycle of the standard economics textbooks. Those cycle are dying. They’re dying because there really are Limits to Growth and we are now solidly in grips of those limits.
The Rest…HERE
