Charles Hugh Smith – The Next Recession Will Be Devastatingly Non-Linear

The Next Recession Will Be Devastatingly Non-Linear
The acceleration of non-linear consequences will surprise the brainwashed, loving-their-servitude mainstream media.
Linear correlations are intuitive: if GDP declines 2% in the next recession, and employment declines 2%, we get it: the scale and size of the decline aligns. In a linear correlation, we’d expect sales to drop by about 2%, businesses closing their doors to increase by about 2%, profits to notch down by about 2%, lending contracts by around 2% and so on.
But the effects of the next recession won’t be linear–they will be non-linear, and far more devastating than whatever modest GDP decline is registered. To paraphrase William Gibson’s insightful observation that “The future is already here — it’s just not very evenly distributed”: the recession is already here, it’s just not evenly distributed– and its effects will be enormously asymmetric.
Non-linear effects can be extremely asymmetric. Thus an apparently mild decline of 2% in GDP might trigger a 50% rise in the number of small businesses closing, a 50% collapse in new mortgages issued and a 10% increase in unemployment.
Richard Bonugli of Financial Repression Authority alerted me to the non-linear dynamic of the coming slowdown. I recently recorded a podcast with Richard on one sector that will cascade in a series of non-linear avalanches once the current asset bubbles pop and the current central-bank-created “recovery” falters under its staggering weight of debt, malinvestment and speculative excess.

Financial Repression Authority – Charles Hugh Smith On The Intensifying Pension Crisis

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Spiritual News – Emmanuel TV – BE DELIVERED WATCHING THIS!!! Transferable Anointing – T.B. Joshua!

 

Emmanuel TV – BE DELIVERED WATCHING THIS!!! Transferable Anointing – T.B. Joshua!
Watch this prayer with T.B. Joshua, touch the screen of your computer/ laptop, connect by faith and receive your healing, breakthrough and deliverance, in the name of Jesus Christ! Distance is not a barrier!!! “The anointing to heal, deliver and set free is transferable. There is no difference between we that are here and you that are there somewhere. God manifests mightily in distance. Where can you go from His presence? Believing is your connection. Just get connected, right now!” #TBJoshua STAY CONNECTED TO EMMANUEL TV: – Like us on Facebook – http://www.facebook.com/tbjministries – Follow us on Instagram – http://www.instagram.com/tbjoshua – Follow us on Twitter – http://www.twitter.com/scoantbjoshua – Subscribe to our YouTube Channel – http://www.youtube.com/user/scoanvide…

Music News – Soldier of God – Exposing Sodomite Rituals In Hollywood: So you wanna be famous? Watch this first

Soldier of God – Exposing Sodomite Rituals In Hollywood: So you wanna be famous? Watch this first

1 Timothy 6:10 states ‘For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.’ YouTube Channel Reference: The Black Child

Just News – A Call For An Uprising – IT MUST BE A COINCIDENCE THAT THE X-FILES ARE NOW PUSHING THIS

 

A Call For An Uprising – IT MUST BE A COINCIDENCE THAT THE X-FILES ARE NOW PUSHING THIS

This channel needs your help! Please consider helping support the channel here: MERCHANDISE AVAILABLE HERE: https://teespring.com/stores/a-call-f… http://www.patreon.com/acallforanuprising paypal.me/acallforanuprising

Just News – A Call For An Uprising – THIS MUST BE THE BEGINNING OF THE END…

 

A Call For An Uprising – THIS MUST BE THE BEGINNING OF THE END…

The beginning and end in a story is so important. The author always needs to focus on these. The middle of a story however still serves an important part as well in establishing the characters. This channel needs your help! Please consider helping support the channel here: MERCHANDISE AVAILABLE HERE: https://teespring.com/stores/a-call-f… http://www.patreon.com/acallforanuprising paypal.me/acallforanuprising

Documentary – ZEG TV HIDDEN FROM THE PUBLIC – Pre Ice Age Construction That we would be Hard Pressed to Re-create Today

ZEG TV HIDDEN FROM THE PUBLIC – Pre Ice Age Construction That we would be Hard Pressed to Re-create Today

Mounting scientific evidence shows that prior to the end of the Ice Age, 12,000 years ago, very advanced cultures existed throughout the world, and they had advanced high technology. As this video shows, they shaped stone in ways that we can not. What happened to these advanced coastal civilizations, were they wiped out by the melting ice caps during the end of the last Ice Age? In Egypt, Peru, Bolivia, Lebanon and other locations we see the existence of ancient damaged but very sophisticated megalithic stone structures which we would be hard pressed to re-create today. They hint that once upon a time one or “Atlantean” civilizations indeed did exist.