Podcast 405

China Syndrome. As the China Market Meltdown story goes mainstream, it’s pundit tug-o-war between ‘China Doom’ proponents and ‘Nothing To See Here Folks’ adherents. Fun for the media, not so fun if you’re trying to figure out where this might go … could go wrong. Hopefully this podcast will be of some help. We start from the proposition that no one really knows what’s going on in China. It’s possible even the highest people in the Chinese Communist Government don’t really know what’s going on in China. Despite what is being said, there will be winners and losers if China actually does melt down, and surprises along the way. Does an economic collapse in China mean an end to the People’s Republic of China? What might that look like if it does happen? Or, will this problem simply be one of those momentary pauses, fodder for a couple of days relief from political nonsense in the US, before we get back to arguing about Donald Trump’s latest missive, Jeb Bush’s black hand, or Hillary Clinton’s email. It certainly feels like we’re nearing one of those strange historic pivot points, but whether the market meltdown in China, and the angst in markets across the world from Europe and Asia to the United States are in fact, that black swan pivot point. Could be. Hard to tell. Pivot points and Black Swan events don’t fit perfectly into decades, and are hard to predict. Its fun to hear people saying, “I’ve been predicting this for years” after something happens that looks like it could be a black swan event. In fact, historic pivot points have to be something more than just a Black Swan, but something that happens, that afterward people can clearly point to that event as the beginning of ‘when things changed’. One thing is for sure; Hold onto your hats (if you wear one), there is a strong feeling out there that what passes for current events today, may be about to change … for good. Sponsored by Ryan Plumbing and Heating of Saint Paul

Podcast 389

Black Swans. What is a Black Swan Event? By definition, its not necessarily predictable, but we try in this podcast. We’re at the end of an era in the United States. You could say the same about the west in general, and maybe the rest of the world. While things seem on a relatively predictable path in the present time frame one thing we can all be sure of; Something will happen. Things will change. Perhaps significantly. What then is the event that introduces the pivot point that changes politics, society and history? We can only speculate. A financial crisis in China that leads to chaos. Disruption in the Euro Zone triggered by Greece that upsets the balance of power and destabilizes the Balkans. A nuclear weapon in the hands of ISIS. An EMP attack that turns our our technological wonders into junk. Disease. Earthquakes. Comet strikes. Aliens landing. Pick your poison. Or, Black Swan Events that end up being really good. The discovery of a stable anti or reverse aging drug. A way to increase intelligence in human beings. Manageable Machine Intelligence. A breakthrough in agriculture or energy that provides a stable source of food and power. The development of anti-gravity capabilities to lift huge payloads into space, revolutionizing space travel. A really good powdered milk! (JK). The key with these events isn’t necessarily predicting the event itself; It’s being prepared for, and predicting the reaction of mere mortals to the event. It wasn’t the stock market crash of 1929 that caused the depression, it was the government’s lame brained reaction to it. It wasn’t the assassination of Arch Duke Ferdinand that caused World War I, it was the secret pacts and misunderstood capabilities, coupled with irreversible mobilizations that caused World War I. And so on. It’s fun to speculate on the future. Sponsored by X Government Cars