Collective Insanity

Off the microphone of RE

Follow us on Twitter @doomstead666
Friend us on Facebook

Aired on the Doomstead Diner on August 13, 2014

logopodcast

Discuss this Rant at the Podcast Table inside the Diner

Snippet

…I toyed with some other titles for this Rant, like “Collective Stupidity” and “Collective Ignorance” which are both in abundance these days, but as you observe the spin down progress its way around the Globe, as vast as the Stupidity and Ignorance are, both are overwhelmed by sheer INSANITY. There is insanity everywhere you look nowadays. So today’s Rant is on Collective Insanity.

Let’s start with the Stock Market. While millions more Amerikans drop out of the Labor Force every year, the Market levitates to ever more stratospheric heights. The “Smartest Guys in the Room” invest in Dogshit companies like Facepalm and PoopOn that have never turned a profit in their entire existence. Since these guys are Certified Smart with Ph.Ds from MIT, Harvard and the London School of Economics, you can’t attribute this to Stupidity, so it must be Insanity.

Where do the Smartest Guys in the Room GET the money to invest in this Dogshit? From other certified Geniuses like Helicopter Ben Bernanke and his successor, Dammit Janet Smellin Yellin, who seem to think that paying par prices for absolutely worthless collateral with freshly printed FRNs so that the Smart Guys trading have still more Funny Money to play with will somehow get the economy rolling again back to the Holy Grail of Perpetual Growth. Since you can;t have perpetual growth in a finite world, this concept is flawed from the get go, and also here since Helicopter Ben and Dammit Janet are also cetified as smart, stupidity can’t be the answer, so it must be Insanity again…

http://inspirationhut.net/wp-content/uploads/2012/10/dorothea-lange-photography-large-101.jpg

For rest, LISTEN TO THE RANT!!!

——————-

Don’t miss the recent interview with Josh Ellis on his Gone Viral Blog, “Everyone I know is Broken Hearted”

Or the Top Rant, ANTI-DOLLAR!!!

3 Responses to Collective Insanity

  • luke werner says:

    Just spent a week in Phoenix, the Arizona Republic had a front page story about how Phoenix will NEVER run out of water.

    The insanity is of the trickle down variety.

  • foto triste e bonita ao mesmo tempo!a mãe que amamenta seu filho é muito bonita e tem um rosto carregado de sofrimento!

  • RE says:

    Sim, é triste, mas mostra grande dignidade e a força do espírito humano.

    RE

Knarf plays the Doomer Blues

https://image.freepik.com/free-icon/musical-notes-symbols_318-29778.jpg

Support the Diner
Search the Diner
Surveys & Podcasts

NEW SURVEY

Renewable Energy

VISIT AND FOLLOW US ON DINER SOUNDCLOUD

" As a daily reader of all of the doomsday blogs, e.g. the Diner, Nature Bats Last, Zerohedge, Scribbler, etc… I must say that I most look forward to your “off the microphone” rants. Your analysis, insights, and conclusions are always logical, well supported, and clearly articulated – a trifecta not frequently achieved."- Joe D
Archives
Global Diners

View Full Diner Stats

Global Population Stats

Enter a Country Name for full Population & Demographic Statistics

Lake Mead Watch

http://si.wsj.net/public/resources/images/NA-BX686_LakeMe_G_20130816175615.jpg

loading

Inside the Diner

Lockdown and work causing issues with my tree a week plan...Here is a Acacia longifolia "Coastal Wattle" tube stock I have come accross I will plant out this weekend.Should be nice little hardy and bird attracting tree.JOW

Thinktank says changes to forecasts reflect accelerated shift away from fossil fuelsThe world’s largest listed oil companies have wiped almost $90bn from the value of their oil and gas assets in the last nine months as the coronavirus pandemic ...

A California appeals court’s decision could soon make it harder for Amazon to skirt responsibility for unsafe products sold on its platform. On Thursday,...

Though Donald Trump flirted for years with an entrance into politics, it was the election of Barack Obama — and the bogus claim that the first Black president was not born in the United States — that finally brought him into the civic sphere. Over a de...

Recent Facebook Posts

No recent Facebook posts to show

Diner Twitter feed

Diner Newz Feeds
  • Surly
  • Agelbert
  • Knarf
  • Golden Oxen
  • Frostbite Falls

Doomstead Diner Daily July 17The Diner Daily is av [...]

Doomstead Diner Daily July 16The Diner Daily is av [...]

The point being to wear down the "precariat [...]

Quote from: UnhingedBecauseLucid on March 18, 2019 [...]

CleanTechnicaSupport CleanTechnica’s work via dona [...]

QuoteThe FACT that the current incredibly STUPID e [...]

Quote from: K-Dog on February 24, 2020, 06:23:52 P [...]

I wonder how much these coins have been debased? [...]

Precious tip of the day.....Buy silver NOW  She [...]

Scientists have unlocked the power of gold atoms b [...]

Quote from: azozeo on August 14, 2019, 10:41:33 AM [...]

I am OUT of Jury Service!  I got summoned to be a [...]

Quote from: Eddie on May 16, 2020, 10:30:30 AMQuot [...]

Quote from: RE on May 16, 2020, 08:20:06 AMQuote f [...]

Quote from: RE on May 16, 2020, 08:20:06 AMQuote f [...]

Alternate Perspectives
  • Two Ice Floes
  • Jumping Jack Flash
  • From Filmers to Farmers

The Flim-Flam Men by Cognitive Dissonance   I suspect if average Joe or Jane were asked to identify [...]

The Coming War With China Re-posted from CaitlinJohnstone.com   (Have you noticed that (suddenly) Ch [...]

Papers Please! By Cognitive Dissonance     For those who may not know, Mrs. Cog and I live in the mo [...]

Lies, Damn Lies and Coronavirus Statistics By Cognitive Dissonance     “Never believe anything in po [...]

The Decline and Fall of Civil Society Chapter One By Cognitive Dissonance     From my perspective at [...]

Event Update For 2020-08-12http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2020-08-11http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2020-08-10http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2020-08-09http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

Event Update For 2020-08-08http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.htmlThe [...]

In other words, treat COVID-19 like a dry-run for the upcoming "big one" [...]

However don't expect strikes and yellow vests to fix underlying problems [...]

So how many more times are we going to hear that this is our last chance to take action in order to [...]

This is definitely not a bona fide post [...]

Daily Doom Photo

man-watching-tv

Sustainability
  • Peak Surfer
  • SUN
  • Transition Voice

The Great Pause Week 21: Coronation Part II"How do you undo in a short time what has been inculcated into a culture over half a century? [...]

The Great Pause Week 20: Coronation Part I"With the number of Covid patients closing in on 20 million, epidemiologists hope the virus has [...]

"Your future is a story you were told, like Santa Claus or the Tooth Fairy."Thirty years a [...]

The Great Pause Week 18: Midwinter Down Under"Our objectives are low-tech, anti-fragile, and human-centered. By using tools of permaculture [...]

The Great Pause Week 17: Toppling Mount Rushmore"We are being schooled in the deficiencies of human neurobiology."President Cobblepot and [...]

The folks at Windward have been doing great work at living sustainably for many years now.  Part of [...]

 The Daily SUN☼ Building a Better Tomorrow by Sustaining Universal Needs April 3, 2017 Powering Down [...]

Off the keyboard of Bob Montgomery Follow us on Twitter @doomstead666 Friend us on Facebook Publishe [...]

Visit SUN on Facebook Here [...]

What extinction crisis? Believe it or not, there are still climate science deniers out there. And th [...]

My new book, Abolish Oil Now, will talk about why the climate movement has failed and what we can do [...]

A new climate protest movement out of the UK has taken Europe by storm and made governments sit down [...]

The success of Apollo 11 flipped the American public from skeptics to fans. The climate movement nee [...]

Today's movement to abolish fossil fuels can learn from two different paths that the British an [...]

Top Commentariats
  • Our Finite World
  • Economic Undertow

In reply to Mike Roberts. there is no completely "reliable news source". [...]

https://www.breitbart.com/politics/2020/08/14/improving-reality-weekly-coronavirus-cases-deaths-hosp [...]

https://www.msn.com/en-us/weather/topstories/california-orders-first-rolling-blackouts-since-2001-cr [...]

In reply to Gail Tverberg. An 8.6% decline does not look like the "Minimal Economic Damage [...]

https://www.newsmax.com/us/cdc-coronavirus-immunity/2020/08/14/id/982230/ "CDC Says COVID-19 Im [...]

Reante learns at the overripe age of 44 that he doesn't have a working crystal ball, just a dea [...]

Nothing to see here. Move along! Lol. https://www.foxnews.com/opinion/biden-vice-president-pick-dith [...]

Steve seeing as how this is reante's fourth in a row, lemme know if I'm posting up too muc [...]

Hey Steve what do you think if the idea that the 1K/mo digital UBI for US citizens 18 and older (plu [...]

Who was it who used to argue here years ago about how much fat could be cut from the system? Was it [...]

RE Economics

Going Cashless

Off the keyboard of RE Follow us on Twitter @doomstead666...

Simplifying the Final Countdown

Off the keyboard of RE Follow us on Twitter @doomstead666...

Bond Market Collapse and the Banning of Cash

Off the microphone of RE Follow us on Twitter @doomstead666...

Do Central Bankers Recognize there is NO GROWTH?

Discuss this article @ the ECONOMICS TABLE inside the...

Singularity of the Dollar

Off the Keyboard of RE Follow us on Twitter @doomstead666...

Kurrency Kollapse: To Print or Not To Print?

Off the microphone of RE Follow us on Twitter @doomstead666...

SWISSIE CAPITULATION!

Off the microphone of RE Follow us on Twitter @doomstead666...

Of Heat Sinks & Debt Sinks: A Thermodynamic View of Money

Off the keyboard of RE Follow us on Twitter @doomstead666...

Merry Doomy Christmas

Off the keyboard of RE Follow us on Twitter @doomstead666...

Peak Customers: The Final Liquidation Sale

Off the keyboard of RE Follow us on Twitter @doomstead666...

Collapse Fiction
Useful Links
Technical Journals

It is imperative to know the spatial distribution of vegetation trends in India and its responses to [...]

Air pollution continues to be a serious issue for plant health and terrestrial ecosystems. In this i [...]

Moderate Resolution Imaging Spectroradiometer (MODIS) burnt area products are widely used to assess [...]

Follow on our http://www.doomsteaddiner.net/forum/