Content warning: systems collapse, global economics, food-water-energy nexus
One of the many hyperobjects that define the polycrisis we are in
Is the stock market
Which through many calamaty, trends ever upward
What is the appreciation
appreciating?
~
“It feels like the markets are more irrational then ever and driven by tens of trillions in capital moving around, this is money is cash in hand and insulated from real consequences in the world so not reacting as it should.”
“A few years ago I heard an economist talk about “excess money sloshing around in the system, chasing a profit”. The image has stuck with me, seems to fit really well”
“The stock market is unrealistically insulated. We’ll likely never see a true depression again but just a series of recessions propped up by the 1%.”
“Passive investing has taken perhaps too large a share of the market, making flows less reactionary. When you have XX hundred billion(s) flowing in every month on loop not hard to see where appreciation comes from.”
~
Amidst all the calamities sapiens are causing and experiencing
Imagine (in a container of not-hoped-for imaginations),
how much more calamitous the global human present would be
if stock markets tanked, or if some problem came up with the storage and creation and appreciation of capital?
And then I wonder about the stock market’s state
In many areas doing poorly but overall had been skewed upward, and even soaring, because of Big Tech
But what is causing all this appreciation in Big Tech?
(And what is it degrading?)
“Morgan Stanley recently published a report titled “AI: Mapping Circularity,” which examines how companies at the center of the AI boom — including OpenAI — are increasingly tied together through mutual funding, shared revenue, and cross-ownership. The report highlights that suppliers are now financing their own customers, blurring traditional market boundaries and creating a highly interconnected ecosystem. The following chart from Morgan Stanley illustrates this circular flow of capital and dependency surrounding OpenAI and its major partners.”
https://clfi.co.uk/insights/ai-economy-circular-investment-energy-demand/
What if Amidst all the calamities sapiens are causing and experiencing
The stock market is artificially propped up, decoupled from physical reality and even most world affairs
Held together by the self-created boom of Big Tech pressing into your room
>>>
“I’m in it to mimic ecosystems, tried and true
Economics out of alignment with the physical? Dismiss’em
Or at least know they’ll dismiss you
Watch out – first principles comin’ through”
https://m.soundcloud.com/kr1/lines-out-of-limbo
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how much more calamitous the global human present would be
if stock markets tanked, or if some problem came up with the storage and creation and appreciation of capital?
ooo
What’s the best next step?
“Make food first”
“Food is relationship”
“I work in climate risk and many of my clients are household names with a reliance on agricultural products. Two years ago many of them were discussing how difficult it was to source agricultural commodities, not just in the UK but also globally, because the UK had yet another record poor harvest and many of the major export countries had lower yields and were considering restricting exports (typically due to drought). My clients were literally bandying around the term ‘agricultural collapse.’ Now we’re expecting a strong El Nino with all the weather and climate impacts that brings, plus high prices for fertilisers… I think it’s going to get bad unfortunately, even for those of us in privileged western countries.”
Speaking of food, what’s happening to the farmland?
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Appreciation,
is savoring and stewarding
Seizing the opportunity like the ants, preparing
And singing like grasshopper when the summer sun shines
“What’s the best next step?”
“Be a ladder, a lamp, a lifeboat”