The Bigger Picture

Nicole Fosse (Stoneleigh)The Automatic Earth — Stoneleigh writes: It is time to undertake the yearly review and update of our primer guide, with a view to making it easier for our readers to see the entirety of our TAE worldview in one place. Primers are continuously added in order to flesh out the biggest possible big picture. This will continue as we move over to our new site later this year. These essays are not tied to the events of a specific day, week or month, but are the ones that take a step back and look at the world through a wide angle lens.

We have covered a wide variety of topics in the three and a half years of our existence. The point is to tackle complexity and make it comprehensible, rather than assuming away the context as most analyses do. All the strands of our century of challenges are interwoven, with each affecting the others. It is vital to understand those interactions, as well as to understand each separate topic and their relative timelines. Different factors will act as primary drivers at different times.

We retain our primary focus on Ponzi finance and the nature of markets, since the consequences of a major bubble implosion will have the greatest impact in the shortest time. Exploring those consequences, both within and beyond the financial realm is of immediate importance, given the scale of the impacts and how quickly they can manifest as a contraction picks up momentum to the downside.

As always, we cover energy as the master resource, and this year the major focus of new energy primers has been the catastrophe at Fukushima. We have also begun to cover the natural gas situation in North America in some detail, returning to the familiar theme of Ponzi dynamics.  (08/15/11)

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