Sentences (#18)

Steen Jakobsen sounds the abyss in the final sentence of this short analysis (embedded video):

… a big fat zero in terms of hope for the future.

ADDED: Jakobsen talks to Chris Martenson on ‘the biggest margin call in history’.

April 24, 2015admin 13 Comments »


13 Responses to this entry

  • Lesser Bull Says:

    Freedom’s just another word . . .

    for nothing left to lose.


    Posted on April 24th, 2015 at 4:04 pm Reply | Quote
  • Sentences (#18) | Neoreactive Says:

    […] Sentences (#18) […]

    Posted on April 24th, 2015 at 4:30 pm Reply | Quote
  • neovictorian23 Says:

    I’d say zero hope for the near future; after the Big Haircut/Great Unwinding there will probably be an era of renewed dynamism and prosperity. It’s just that getting through this little hiccough will involve several years of serious pain, civil unrest and stuff blowing up.


    Posted on April 24th, 2015 at 6:11 pm Reply | Quote
  • Sentences (#18) | Reaction Times Says:

    […] Source: Outside In […]

    Posted on April 24th, 2015 at 7:55 pm Reply | Quote
  • Rasputin Says:

    That’s the thing with the degenerative ratchet: things just keep getting worse…


    SanguineEmpiricist Reply:

    I’m interested if this isn’t just the same thing as the degenerative rachet from Antifragile

    “The first step toward antifragility consists in first decreasing downside, rather than
    increasing upside; that is, by lowering exposure to negative Black Swans and letting
    natural antifragility work by itself.

    Mitigating fragility is not an option but a requirement. It may sound obvious but the
    point seems to be missed. For fragility is very punishing, like a terminal disease. A
    package doesn’t break under adverse conditions, then manage to fix itself when proper
    conditions are restored.

    __Fragility has a ratchetlike property__, the irreversibility of
    damage. What matters is the route taken, the order of events, not just the destination—
    what scientists call a path-dependent property.

    Path dependence can be illustrated as
    follows: your experience in getting a kidney stone operation first and anesthesia later is
    different from having the procedures done in the opposite sequence.” – NNT


    Rasputin Reply:

    Without revisiting Taleb, my understanding would be that the ratchet he presents in Antifragile would be a special case of a broader concept. If you are genuinely interested in the ‘degenerative ratchet’ as it applies to Neoreaction, Admin has an excellent post here:


    SanguineEmpiricist Reply:

    I’ve already read that, and no I do not think that answer is sufficient at all. No he does not think it is a specific case considering he presents it in the most general way and applies it to everything, including the fragility of cups to the anti-fragility of evolution.

    Rasputin Reply:

    God you’re a dick.

    Posted on April 25th, 2015 at 12:16 am Reply | Quote
  • Kgaard Says:

    This is just doom porn. The better way to approach the matter would be from the other side: The economy is the god of the elites. What will they sacrifice to keep it running strong? Answer: Everything. Thus, the economy is exactly the wrong place to look for collapse. The correct place is culture: All the bonds that tie people together and make life “human,” are sacrificed to mollify the economy.

    Evola as the key neoreactionary.


    Erebus Reply:

    What “culture” has been left to the American masses? I don’t know if there’s anything left to sacrifice.

    I know what you’re talking about, though, as I’ve seen it firsthand in Japan. There’s tremendous pressure for more immigration — from China, from Korea, from the Phillipines, and even from Africa. This pressure has been, by and large, successfully resisted by the older, more conservative segment of the population. (With much weeping and gnashing of teeth on the part of the “elites” and the Cathedral!) The pressure isn’t going to let up, though. The media talks, daily, about the impending decline of the population and how immigration must be allowed to prevent it.

    I’d add that there are presently some immigrant communities in Japan. They don’t fit in very well. They are not accepted by their Japanese hosts as “True Japanese”, and they typically do not integrate into their communities. More immigration would be a catastrophe; it would result in less social cohesion, more crime, and, eventually, a broken culture that means nothing to its people.


    Kgaard Reply:

    Exactly … THIS is where the tragedy is occurring — not in the economic realm. It’s the hollowed out lives of atomized lives of individuals.

    I’ve also been to Japan, I guess three or four times in the past three years. The place is like … a delicate jewel. If you mess with it it will break. Immigration will be the thing to destroy it. That culture is so amazing … but it only works if there is TOTAL RECIPROCITY. If you are bowing and bowing and smiling all day long and dressing your best and watching all your words and all you get back is guffaws and bewilderment and gruffness, you are not gonna be bowing and smiling for long for you feel like a putz.

    The logic of mouse utopia … the logic of Ouroboros … the logic of the modernity/feminism conveyor belt … they all say Japan’s beautiful culture is doomed.



    Posted on April 25th, 2015 at 4:56 pm Reply | Quote
  • SanguineEmpiricist Says:


    He’s relatively clear about how wide the applicability of it is.


    Posted on April 26th, 2015 at 11:55 pm Reply | Quote

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