The notion that better engineering can solve all our problems is rooted in an ignorance of non-linear systems and selective/wishful thinking.
Charles Hugh SmithOnce a citizen receives a direct payment from the state, the state has purchased their complicity
Charles Hugh SmithThe problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation.
Charles Hugh Smith