As bad as 2011 was, it looks like 2012 is going to be significantly worse. It won’t be the end of the world of course, but huge challenges are ahead.

by The Economic Collapse

For a lot of Americans, this is the worst time of the year.  If you don’t have any money, it can be really hard to hear others go on and on about how good “Santa Claus” was to them this year.  For many, there is simply not much to be cheerful about as the year ends.  There are millions of people in this country that do not have [...]

Failure: Don’t Despair, It’s The New Normal: Charles Hugh Smith

As our institutions fail, they will take down many individuals with them. Don’t despair: the failure is systemic, not personal.

As the U.S. economy fails on a systemic level, it is pushing individuals into a deep sense of failure. Feelings that one has failed one’s family and oneself can feed a despair profound enough to trigger thoughts of suicide, and for many vulnerable people, thoughts lead to action.

In [...]