Credit Bubble Stocks

Link : If forced to bet, I would have to place my chips somewhere between imminent collapse and drawn-out decline. I occasionally read theor...

This was a fascinating MR post : "The alternative possibility is that antiquity had many more such exotic devices, which have remaine...

A correspondent writes in: One reason for the collapse of empires is that the knowledge needed for maintenance of the empire is closely he...

This was pointed out by "Stagflationary Mark." I haven't seen any public comment on it.

In response to our recent posts on collapse [ one , two ], a correspondent writes, "Societies collapse because the elites spend the s...

Tainter's theory of collapse is very important. The example of Roman expansion: conquest phases usually don't last long. An expa...

Essay by Clay Shirky , "Complex societies collapse because, when some stress comes, those societies have become too inflexible to res...

First, read this piece from the WSJ last week by a former Secretary of the Navy , "There is one great numerical advantage the U.S. h...

A must read from Turchin : "[L]ife was good for the upper-crust English around 1300. They drank more wine and spent their spare cash ...

Fascinating Vanity Fair article about the F-35 debacle. "the F-35s that the Marines say they can take into combat in 2015 are not on...

Great Forbes article on "death spiral states," where "private sector workers are outnumbered by folks dependent on governmen...

Bearish , "Where does the United States have a competitive advantage? Apart from commercial aircraft, power-generating equipment, and...

Could the rate of economic growth permanently slow down ? "The headwinds include the end of the 'demographic dividend;' risin...

"In a thinly-veiled reference to one of the primary debates when he was booed for suggesting that the US treat other countries with di...

From a new Taleb essay in response to the Pinker argument that the world is becoming less violent, "I was confronted with ideas of ...

These are Blake Masters' notes from the Peter Thiel CS183: Startup class. "In a determinate world, there are lots of things that ...

"[T]he number of civilian Earth-observing satellites flown by the United States government looks likely to fall from 23 today to just s...

From an article about the counterproductive "resurgence in public demand for socialism in response to a worsening crisis" : ...