The Four D’s That Define the Future
The Four D’s That Define the Future by Charles Hugh Smith for Of Two Minds
When the money runs out or loses its purchasing power, all sorts of complexity that were previously viewed as essential crumble to dust.
Four D’s will define 2020-2025: derealization, denormalization, decomplexification and decoherence. That’s a lot of D’s. Let’s take them one at a time.
I use the word derealization to describe the inner disconnect between what we experience and what the propaganda / marketing complex we live in tells us we should be experiencing.
Put another way: our lived experience is derealized (dismissed as not real) by official spin and propaganda.
The current state of the economy is a good example. We see the real-world economy declining yet the officially approved narrative is that there’s a V-shaped recovery underway because Big Tech stocks are hitting new highs. In other words, we don’t need a real-world economy, all we need is a digital economy provided by Big Tech platforms.
This is derealization at its finest: the everyday world you experience directly no longer matters; what matters is stock prices and various statistics that all paint a rosy picture.
Meanwhile, the wealthiest class is fleeing soon-to-be-bankrupt cities. The wealthiest class has the means to buy the best advice and also has the most to lose, so I give their actions far more credence than official propaganda.
I’ve sketched out my thesis on denormalization in The “New Normal” Is De-Normalization and Here’s Why the “Impossible” Economic Collapse Is Unavoidable:
This is why denormalization is an extinction event for much of our high-cost, high-complexity, heavily regulated economy. Subsidizing high costs doesn’t stop the dominoes from falling, as subsidies are not a substitute for the virtuous cycle of re-investment.
The Fed’s project of lowering the cost of capital to zero doesn’t generate this virtuous cycle; all it does is encourage socially useless speculative predation. Collapse isn’t “impossible,” it’s unavoidable.