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

Just News – The Alex Jones Channel – Full Show – Charles Manson: CIA Mind Control Operative Dead At 83 Must-See – 11/20/2017

The Alex Jones Channel – Full Show – Charles Manson: CIA Mind Control Operative Dead At 83 Must-See – 11/20/2017

Psychotic cult leader Charles Manson died of natural causes yesterday at the age of 83 at a Kern Country hospital. Simon Roche will join today’s broadcast to discuss the bloody civil war brewing in South Africa. Also, Stefan Molyneux breaks down the state of masculinity in the western world and more. Help us spread the word about the liberty movement, we’re reaching millions help us reach millions more. Share the free live video feed link with your friends & family: http://www.infowars.com/show Follow Alex on TWITTER – https://twitter.com/RealAlexJones Like Alex on FACEBOOK – https://www.facebook.com/AlexanderEme… Infowars on G+ – https://plus.google.com/+infowars/ :Web: http://www.infowars.com/ http://www.prisonplanet.com/ http://www.infowars.net/ :Subscribe and share your login with 20 friends: http://www.prisonplanet.tv http://www.InfowarsNews.com Funding the Infowar is more important than ever! Visit http://infowarsStore.com to get the latest books, documentaries, Infowars swag, survival & preparedness gear & nutritional products Alex Jones and his family trust, while supporting the growth of our expanding media operation. Sign up for the Infowars daily newsletter to become an ‘Underground Insider’ & bypass censorship bots of social media plus get exclusive content + coupon codes for our shop! http://www.infowars.com/newsletter INFOWARS HEALTH – START GETTING HEALTHY BEFORE IT’S TOO LATE – http://www.infowarshealth.com/ The Alex Jones Show ©copyright, Free Speech Systems.LLC 1995 – 2017 All Rights Reserved. May use for fair use and educational purposes #AlexJones #Infowars

 

Yeshua Appears To Jewish Rabbi & Shakes His Entire World!