Daily Archives: July 26, 2016


A Banquet of Consequences: The Reality of Our Unusually Uncertain Economic Future

RT (Russia Today) has interview with the author of the book A Banquet of Consequences: The Reality of Our Unusually Uncertain Economic Future.

In this special 2016 Summer Solutions episode, Max and Stacy talk to Das, author of ‘A Banquet of Consequences: The Reality of Our Unusually Uncertain Economic Future’, about the structural changes needed to halt the decline in real wages. They also discuss financialization, economic apartheid and debt jubilees.


What are the chances that Hillary’s Wall Street based economic advisors think this deeply about what they are doing, or care about the consequences for the rest of us?

Hillary and Bill probably assume that no matter how deep the crisis becomes, enough of their $150 million in earnings since he left the White House will remain in tact to keep them comfortable. They are probably correct about their own safety, but their are some exceptions. The lesson of the Russian Tsars after the Russian Revolution and the French aristocracy after the French Revolution does not bode well for all the wealthy.

Read more details about the book on Amazon.

I don’t believe the outcome has to be as dire as this author predicts. If the governments of the world implement partial measures, they could turn out to be this bad. Entitlements do not have to be cut as dramatically as he assumes if the real wealth is distributed more fairly. Resource constraints might be the barrier that cannot be overcome, but technology might have the solution to that problem.