Tag Archives | Collapse

The Bitcoin Bubble, Or Is It? Two Charts, Historical Price Movement, and the Conspiracy

via chycho

800px-Stages_of_a_bubble

I wish I wasn’t making this post and I hope I’m wrong. I love the concept of Bitcoin and the prospect of the decentralization of power brought about by the introduction of “an open source peer-to-peer electronic money and payment network” and the inevitable collapse of fiat currencies that are controlled by central banks which are in the business of transferring wealth from main street to Wall Street.

I’ve been tracking bitcoin for almost three years, since it was trading for less than a dollar. I even mined it a little a couple of years ago and recommended friends to buy them. Now that bitcoin has breached $1,200 and counting, would I still be giving it a buy recommendation? Absolutely not. Would I be recommending friends to keep most of their bitcoins at these valuations? Absolutely not. I would be telling them to sell almost all of their holdings, letting 1% ride.

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A debate, a lecture, an interview, and some ethnic cleansing: Chris Hedges vs. Black Bloc, Victor Sebestyen on the Collapse of Soviet Empire, Joshua Oppenheimer on ‘The Act of Killing’, and some Israeli Ethnic Cleansing

via chycho

Chris Hedges Debates the Black Bloc

“In his article “The Cancer in Occupy” posted on Truthdig in February, Chris Hedges criticized Black Bloc activists, saying their use of violence in the streets would alienate the Occupy movement from mainstream Americans and legitimize the use of police violence in the eyes of the public. Black Bloc supporter Brian Traven debate[s] him in New York City.”


Revolution 1989: what exactly happened?

“How did the mighty Soviet empire collapse so quickly, so completely – and so peacefully? Victor Sebestyen is an author and journalist. This lecture marks the launch of his latest book, Revolution 1989: the fall of the Soviet Empire.”


“The Act of Killing”: New Film Shows U.S.-Backed Indonesian Death Squad Leaders Re-enacting Massacres

“We spend the hour with Joshua Oppenheimer, the director of a groundbreaking new documentary called ‘The Act of Killing.’ The film is set in Indonesia, where, beginning in 1965, military and paramilitary forces slaughtered up to a million Indonesians after overthrowing the democratically elected government.… Read the rest

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Get Apocalyptic: Why Radical is the New Normal

Angissoq1350collapse0003Robert Jensen writes at YES! Magazine:

Feeling anxious about life in a broken-down society on a stressed-out planet? That’s hardly surprising: Life as we know it is almost over. While the dominant culture encourages dysfunctional denial—pop a pill, go shopping, find your bliss—there’s a more sensible approach: Accept the anxiety, embrace the deeper anguish—and then get apocalyptic.

We are staring down multiple cascading ecological crises, struggling with political and economic institutions that are unable even to acknowledge, let alone cope with, the threats to the human family and the larger living world. We are intensifying an assault on the ecosystems in which we live, undermining the ability of that living world to sustain a large-scale human presence into the future. When all the world darkens, looking on the bright side is not a virtue but a sign of irrationality.

In these circumstances, anxiety is rational and anguish is healthy, signs not of weakness but of courage.

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Are We All Secretly Hoping For The End Of The World?

Via Salon, Daisy Yuhas on the fascination of impending collapse:

Neuroscientist Shmuel Lissek suspects that some apocalyptic believers find the idea that the end is nigh to be validating. Individuals with a history of traumatic experiences, for example, may be fatalistic. For these people, finding a group of like-minded fatalists is reassuring. There may also be comfort in being able to attribute doom to some larger cosmic order—such as an ancient Mayan prophecy.

There’s an even broader allure to knowing the precise end date. “Apocalyptic beliefs make existential threats—the fear of our mortality—predictable,” Lissek says. Lissek, in collaboration with National Institute of Mental Health neuroscientist Christian Grillon and colleagues, has found that when an unpleasant or painful experience, such as an electric shock, is predictable, we relax. The anxiety produced by uncertainty is gone.

Steven Schlozman, drawing both from his experiences as a Harvard Medical School child psychiatrist and novelist (his first book recounts a zombie apocalypse) believes it’s the post-apocalyptic landscape that fascinates people most.

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On Bringing Survivalism Into Mainstream Suburbia

The New York Times examines the booming business of selling preparedness for societal breakdown, with more and more Americans worried that civilization may be on the verge of collapse in the wake of major hurricanes, blackouts, financial crisis, Iran building the bomb, et cetera. The irony is that the movement’s proponents are so obsessed with “getting ready” for the end of everything that in a sense they have already given up on our world:

The preparedness industry, always prosperous during hard times, is thriving again now. In Ron Douglas’s circles, people talk about “the end of the world as we know it” with such regularity that the acronym Teotwawki has come into widespread use.

The goal isn’t just to sell to the same old preparedness crowd. Red Shed wants to attract liberals and political moderates to a marketplace historically populated by conservatives and right-wing extremists. It’s about showing the gun-toting mountain man in his camouflage and the suburban soccer mom in her minivan that they want the same thing: peace of mind.

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The United States of Europe Continues its Decline…

Picture: SsolbergJ (PD)

The struggling European Supertstate has demanded an extra £1 billion from a cash strapped United Kingdom. The EU’s central command centre (located in Brussels, the capital city of Belgium) is due to issue its latest demands later in the month.

From Aol.co.uk:

Brussels is to bill Britain £1bn extra because it’s blown its 2012 budget. Brussels will pitch its demand for UK taxpayer cash – £976 million, to be exact – in late October, shortly before MEPs rubber-stamp a 7% hike in the EU’s annual budget.

The move puts more pressure on the UK government’s relationship with Brussels as EU spending strays, again, beyond previous estimates.

American readers who are not familliar with the ins and outs of the EU are directed towards this excellent guide from This American Life:

This American Life: Continental Breakup

If you’re like us, when the words “European debt crisis” pop up in the news you feel a little worried, and a little like taking a nap.

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Neo-Nazi “Protectors” Fill Power Vacuum Caused by Collapse of EU Superstate in Greece

Picture: Golden Dawn Logo (PD)

“Nation states are a firewall against tyranny” – Alex Jones

Famously left wing UK newspaper, The Guardian, carries an article that reports upon the inevitable collapse of the European superstate:

Greece’s far-right Golden Dawn party is increasingly assuming the role of law enforcement officers on the streets of the bankrupt country, with mounting evidence that Athenians are being openly directed by police to seek help from the neo-Nazi group, analysts, activists and lawyers say.

In return, a growing number of Greek crime victims have come to see the party, whose symbol bears an uncanny resemblance to the swastika, as a “protector”.

One victim of crime, an eloquent US-trained civil servant, told the Guardian of her family’s shock at being referred to the party when her mother recently called the police following an incident involving Albanian immigrants in their downtown apartment block.

“They immediately said if it’s an issue with immigrants go to Golden Dawn,” said the 38-year-old, who fearing for her job and safety, spoke only on condition of anonymity.

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