Taleb is starting with a totally unrealistic set of assumptions i.e. the primary goal is to build a wealthy, sustainable USA economy.

Taleb is saying what should be done, not what is being done. He's fully aware of the banksters' crimes.

"In the US in the 2000s, the banks took over the government. This is surreal."
-- Taleb

Should be done? By who exactly?

By our duly elected gov't, who is SUPPOSED to represent "we the people".

It's time for a wholesale changeout of the Congress. They've abdicated responsibility while selling their influence to the banksters.

Taleb eloquently organized and stated many of the same thoughts I'd had. It's not that he's unusually brilliant in observation, but that he organizes and frames the information so cogently.

Of course saying this is what needs to be done isn't the same as doing it -- Taleb has no real authority. The electorate won't come awake until things get considerably worse, so those with voting power are impotent. We are most likely well and totally screwed, for at least a generation, by this farce.

Yes, you're right. Let's just shut down all alternative financial blogs. Oh and might as well just shut down TOD as well as TPTB don't listen to us either.

No point in anyone suggesting what should be done because it's pointless.

Just what exactly is your point?

"Just what exactly is your point?"

I got it. That the yeast are in control and nothing
will be done* until waste exceeds population, sugar,
and flour.

Nature ALWAYS limits failed experiments.

*-a drastic change in temps will be the thing that
stops the yeast growth.

Well while I don't want either of you to go away just what purpose do you believe you serve here on TOD and why don't your's (and Briant's) comments deserve the same criticism directed at Taleb - ie effectively a waste of space?

Also your definition of a failed experiment and the definition of some of TPTB may be quite different...

"Well while I don't want either of you to go away just what purpose do you believe you serve here on TOD and why don't your's (and Briant's) comments deserve the same criticism directed at Taleb - ie effectively a waste of space?"

Well thanks for that. And where do we start?

With a veiled threat? Should you be reported to Leanan?

;} I won't. Because I protect and serve myself,
thank you very much. Now where were we? Oh yeah,
that my comment are a waste of space because I'm saying,
in so many words, that collapse IS a solution and that
NATURE will apply that solution.

If humans don't. And I think I'm giving a POSITIVE
answer to the Fascists in control of World Energy.

Which is what Taleb is saying as well. Because all of his comments point to corporate/state control being
the cause of the greatest Wealth Disparity in the history
of Human Civilization. That's a long time and made possible only because of the discovery of fossil fuels
with a simultaneous strengthening of a Plutocractic
Kleptocracy.

And either this system is dismantled immediately or
Civilization stops. And it really is the Elite .01%'s call. Cantarell drops by the moment.

That answer your question?

With a veiled threat? Should you be reported to Leanan?

Good grief, if you think that was a veiled threat you're more paranoid than even I am!

I'm saying,
in so many words, that collapse IS a solution and that
NATURE will apply that solution.

If humans don't. And I think I'm giving a POSITIVE
answer to the Fascists in control of World Energy.

How do you know collapse isn't the plan?

Hi mc,

It is interesting and relevant about the intersection of FF with the "giant person" status of corporations and their "super-size" persons - ones who may exercise a greater degree of control (if anyone does).

It's that structure that (together w. it's human members) really does so much harm. Rather amazing, really. Especially because it's a structure that's hidden to most people.

Anyway,

re: "And it really is the Elite .01%'s call."

Well, yes and no.

It's only their call until the next level of persons - or, perhaps some percentage of all the rest of us - take action.

One thing I've found interesting. There's a group of people - (one of several, but I focus on them for a particular reason) - who de facto serve in the interests of the point-zero-one (or less, really - aren't they? fewer in number) - and that is: scientists, both academic and those in industry.

I don't believe they see themselves this way. They serve, either directly (via various kinds of consultancy) or by remaining silent on matters of import.

Something to think about.

You would be referring to the "technocratic" class.