EndGameWatch
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EndGameWatch
The Consolidation of the Elites over Earth's Remaining Resources. Watching the Tragedy of the Commons in Action.
Curated by Khannea Suntzu
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Central African Carnage: Kids beheaded as ethnic violence 'out of control' - YouTube

The sectarian slaughter in the Central African Republic has reached a vicious new level according to the UN. Reports are emerging even children are being lyn...
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Activist warns: 'Days of eating Pacific Ocean fish are over'

Activist warns: 'Days of eating Pacific Ocean fish are over' | EndGameWatch | Scoop.it
The aftershock of Japan’s disastrous earthquake and tsunami can still be felt by the continuous cleanup at the Fukushima Daiichi nuclear power plant.
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Climate Change Likely To Be 'Catastrophic Rather Than Simply Dangerous'

Climate Change Likely To Be 'Catastrophic Rather Than Simply Dangerous' | EndGameWatch | Scoop.it
Climate change may be far worse than scientists thought, causing global temperatures to rise by at least 4 degrees Celsius by 2100, or about 7.2 degrees Fahrenheit, according to a new study.
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Activist Post: 36 Signs The Media Is Lying To You About How Radiation From Fukushima Is Affecting The West Coast

Activist Post: 36 Signs The Media Is Lying To You About How Radiation From Fukushima Is Affecting The West Coast | EndGameWatch | Scoop.it
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Methane release from the East Siberian Arctic Shelf and the Potential for Abrupt Climate Change

Methane release from the East Siberian Arctic Shelf and the Potential for Abrupt Climate Change | EndGameWatch | Scoop.it
Natalia Shakhova, Igor Semiletov | Source

University of Alaska, Fairbanks, International Arctic Research Centre, USA

Russian Academy of Sciences, Far Eastern Branch, Pacific Oceanological Insti
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The End of Pretend

Khannea Suntzu's insight:

If being wealthy was the same as pretending to be wealthy then people who care about reality would have a little less to complain about. But pretending is a poor way for a society to negotiate its way through history. It makes for accumulating distortions which eventually undermine the society’s ability to function, especially when the pretending is about money, which is society’s operating system.
 

     The distortion that even simple people care about is that the gap between the rich and the poor is as plain, vast, and grotesque as at any time in our history — except perhaps during slavery times in Dixieland, when many of the poor did not even own their existence. We’ve had plenty of reminders of that in pop culture the last couple of years, including Quentin Tarantino’s fiercely stupid movie Django Unchained and the more recent melodrama 12 Years a Slave. But you have to wonder what young adults weighed down by unpayable college debt think when they go to see them, because without a rebellion that millennial generation will not own their own lives either. They must know it, but they must not know what to do about it.
 

     The pretense and distortions start at the top of American life with a President who broadcasts the message that some kind of “recovery” has occurred in the economic affairs of the country. Either he just wants the public feel better, or he is misled by the people and agencies in his own government, or perhaps he just lies to keep the lid on. To truly recover from the dislocations of 2008, we would have to make a consensual decision to start behaving differently in the process of adapting to the new circumstances that the arc of history is presenting to us. We’d have to decide to leave behind the economy of financialization, suburban sprawl, car dependency, Wal-Mart consumerism, and prepare for a different way of inhabiting North America.


     The dislocations of 2008 when the banking system nearly imploded were Nature’s way of telling us that dishonesty has consequences. The immediate dishonesty of that day was the racket in securitizing worthless mortgages ­— promises to pay large sums of money over long periods of time. The promises were false and the collateral was janky.  It got so bad and ran so far and deep that it essentially destroyed the mechanism of credit creation as it had been known until then, and it has not been repaired.


    Since then, we have pretended to repair the operations of credit by falsely substituting bank bailouts and Federal Reserve “quantitative easing” (QE) or digital money-printing for plain dealing in borrowed money between honest brokers at the local level. The unfortunate consequence is that in the process we have distorted — and possibly destroyed — the value of our money and the various things denominated in it, especially securities, bonds, stocks and other money-like paper.


     The crash of the mortgage racket occurred not just because of swindling and fraud among bankers; in fact, that was only a nasty symptom of something larger: peak oil. I know that many people have come to disbelieve in the idea of peak oil, but that is only another mode of playing pretend. Peak oil, which essentially arrived in 2006, undermined the basic conditions of credit creation in an advanced techno-industrial society dependent on increasing supplies of fossil fuels. Most people, including practically all credentialed economists, fail to understand this. There is a fundamental relationship between ever-increasing energy supplies > economic growth > and credit-based money (or “money,” if you will). When the energy inputs flatten out or decrease, growth stops, wealth is no longer generated, old loans can’t be repaid, and new loans can’t be generated honestly, i.e. with the expectation of repayment. That has been our predicament since 2008 and nothing has changed. We are pretending to compensate by issuing new unpayable debt to pay the interest on our old accumulated debt. This pretense can only go on so long before our economic relations reflect the basic dishonesty of it. Reality is a harsh mistress.


      In the meantime, we amuse ourselves with fairy tales about “the shale oil revolution” and “the manufacturing renaissance.” 2014 could be the year that the forces of Nature compel our attention and give us a reason to stop all this pretending. I’ll address this question in next week’s annual yearly forecast.

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We've Entered the Age of Mass Extinction: Goodbye Fish and a Whole Lot More

Paleontologist Peter Ward talks about the threats from global warming, rising population and our own plain stupidity.
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Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse | WashingtonExaminer.com

Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse | WashingtonExaminer.com | EndGameWatch | Scoop.it
A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a “bug-out bag” that includes food, a gun and...
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▶ Rob Kirby-When China Doesn't Get Their Gold-That's When This Ends - YouTube

▶ Rob Kirby-When China Doesn't Get Their Gold-That's When This Ends - YouTube | EndGameWatch | Scoop.it
http://usawatchdog.com/colossal-fraud-there-are-no-free-markets-rob-kirby/ Rob Kirby of KirbyAnalytics.com claims the U.S. "arbitrarily set the price of all ...
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Scientists Recommend Having Earth Put Down

Scientists Recommend Having Earth Put Down | EndGameWatch | Scoop.it
FORT COLLINS, CO—Claiming that it is the humane thing to do, and that the planet is “just going to suffer” if kept alive any longer, members of the world’s scientific community recommended today that Earth be put down.
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Martial Law and the Economy: Is Homeland Security Preparing for the Next Wall Street Collapse?

Martial Law and the Economy: Is Homeland Security Preparing for the Next Wall Street Collapse? | EndGameWatch | Scoop.it
Homeland Security (DHS) is engaged in a covert military buildup involving a purchase for 1.6 billion rounds of ammunition as well as heavily armored tanks. Somebody in government is expecting some...
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▶ 'Orwell's 1984 a fairytale compared to reality': Snowden delivers Xmas message - YouTube

NSA whistleblower Edward Snowden has delivered his 'Alternative Christmas Message' via a British TV channel. The whistleblower called for an end to mass spyi...
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The Case of the Missing Recovery -- Paul Craig Roberts - PaulCraigRoberts.org

The Case of the Missing Recovery -- Paul Craig Roberts - PaulCraigRoberts.org | EndGameWatch | Scoop.it
The Case of the Missing Recovery Paul Craig Roberts Have you seen the economic recovery? I haven’t either. But it is bound to be around here somewhere, bec
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▶ Fight Club: Vicious 'Knockout' game spreads as random gang attacks rise - YouTube

A new form of violence has hit the streets of New York - and police there seem unable - or unwilling - to do anything to stop it. Marina Portnaya has more no...
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The Chinese farmer who amputated his own leg

Khannea Suntzu's insight:

A Chinese farmer who sawed off his diseased leg because he could not afford hospital treatment bills has shone a spotlight on gaps in the health care system.

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▶ Celente: All world currencies are in trouble - YouTube

A lot to remember 2013 by in the U.S., not all pleasant memories either. But that government shutdown will no doubt stick in people's minds. Teetering on the...
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Greek prison system collapsing

More than 30 men were crammed inside, locked up day and night for weeks or months at a time. Without enough bunks, many slept on the floor. The air was thick with cigarette smoke and the reek of the one shared toilet inside the cell.
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Special Report: Japan's homeless recruited for murky Fukushima clean-up

Special Report: Japan's homeless recruited for murky Fukushima clean-up | EndGameWatch | Scoop.it
SENDAI, Japan (Reuters) - Seiji Sasa hits the train station in this northern Japanese city before dawn most mornings to prowl for homeless men.He isn't a social worker. He's a recruiter.
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Japan Eyes Smart Meters, Fuel Cells to Tackle Climate Change

Japan Eyes Smart Meters, Fuel Cells to Tackle Climate Change | EndGameWatch | Scoop.it
Japan plans smart meters in every residence and factory by the early 2020s and 5.3 million fuel cells in homes by 2030 to tackle climate change, according to a report to be submitted to the United Nations.
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Thyroid Cancers Surge Among Fukushima Youths | Zero Hedge

It seems US sailors aren't the only ones who three short years after the Fukushima disaster are being stricken by cancers and other radiation-induced diseases.
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Detroit's abandoned buildings draw tourists instead of developers

Detroit's abandoned buildings draw tourists instead of developers | EndGameWatch | Scoop.it
DETROIT — He'd heard stories of ruin and blight, but that didn't prepare Oliver Kearney for what he saw:
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▶ Horrific! Highly addictive 'zombie drug' wreaks havoc - YouTube

WARNING! Some images in this report could be disturbing for some users. It's a narcotic that's ravaged parts of provincial Russia. Named "crocodile" - becaus...
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