Hooray for Hollywood!
New National Security Threat
Just when you thought national security threats could not get any stupider … Trump says Hollywood ‘dying’; orders 100% tariff on non-US movies to save it
U.S. President Donald Trump on Sunday announced a 100% tariff on movies produced outside the country, saying the U.S. movie industry was dying a “very fast death” due to the incentives that other countries were offering to draw American filmmakers.
“This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda,” Trump said in a post on Truth Social.
Trump said he was authorizing the relevant U.S. government agencies such as the Department of Commerce to immediately begin the process of imposing a 100% tariff on all films produced abroad that are then sent into the United States.
Trump added: “WE WANT MOVIES MADE IN AMERICA, AGAIN!”
Commerce Secretary Howard Lutnick posting on X said: “We’re on it.”
Neither Lutnick nor Trump provided any details on how the tariffs would be implemented.
Trump appointed three Hollywood veterans Jon Voight, Sylvester Stallone and Mel Gibson, in January, to bring Hollywood back “bigger, better and stronger than ever before.”
Film and television production in Los Angeles has fallen by nearly 40% over the last decade, according to FilmLA, a non-profit that tracks the region’s production.
Governments around the world have offered more generous tax credits and cash rebates to lure productions, and capture a greater share of the $248 billion that Ampere Analysis predicts will be spent globally in 2025 to produce content.
Former senior Commerce official William Reinsch, a senior fellow with the Center for Strategic and International Studies, said retaliation against Trump’s foreign movie tariffs would be devastating.
“The retaliation will kill our industry. We have a lot more to lose than to gain,” he said, adding that it would be difficult to make a national security or national emergency case for movies.
Hooray! Higher Prices for Movies
Higher prices for shoes, clothes, lawn mowers, underwear, steel, aluminum, cars, trucks, and now movies.
Who wouldn’t want that?
Related Posts
May 4, 2025: Would You Pay $15,000 for this Nice-Looking EV Toyota? Zoomers?
I am sure many would say yes, but there’s a catch.
April 14, 2025: Trump’s Plan to Make Manufacturing Great Again in Pictures
The share of manufacturing employment keeps declining. What role did NAFTA play?
Also note Consumers Face End of De Minimis Tariff Exemptions on $800 Packages
The trade provision that allows consumers and resellers to avoid duties on shipments worth $800 or less is ending for products made in China.
Hooray!? 40% to 100% Higher Prices
Who wants that? (Exclusions for cultist parrots who cannot think).
The idea we are going to bring shoe or clothes manufacturing back to the US (or that we would like the price result if we did) is of course ludicrous.


This is reminiscent of the ’70s which was a response to the bloated movies of the ’60s. movies like Dr Dolittle almost killed studios. then we got a raft of smaller cheaper movies that were quite excellent like the French Connection.
It wasn’t until Jaws that Hollywood got interested in the big mega Blockbusters.
movie making is so fractured now it’s like journalism. no single source of moderation and all you need is a high-end computer to edit these digital movies.
the result is a massive glut of movies ranging from truly awful to decent. Hollywood will take care of junk like the Avengers but even MGM couldn’t bear the weight of making another James Bond movie for near a billion dollars.
It’s too bad but California and Hollywood have totally blown it when it comes to movie production. Most of them deserve it and after the fires the city is in real dire straits now
The lesson of On Golden Pond was lost on Hollywood. Just make a really good movie that people enjoy.
Will cowboy movies make a comeback?
Headline April 15 in The Hollywood Reporter: Hollywood At Risk of Becoming the “Next Detroit Auto.” L.A. Production Insiders Voice Alarm
Who wants more unemployed Americans? Unemployed Americans can’t particularly afford even low prices. Haven’t been to a movie since before Covid. Hollywood hasn’t recovered from the long strike two years ago. Unions created a self inflicted wound. Studios aren’t particularly profiting from streaming channels, other than Netflix.
https://www.hollywoodreporter.com/business/business-news/post-production-los-angeles-music-tax-incentives-1236190752/?utm_source=firefox-newtab-en-us
Photo of Hollywood sign from next to Paramount Studios, on Gower, which was once the entrance to Desilu Studios. On the other side of the hill, directly behind the sign, Walt Disney Studios.
AI was going to kill Hollywood, at least in its current form. In a few years, you’ll be able to write something, dump it into a prompt and create your own TV series or movies.
I am already creating my own artwork and songs with AI, movies are the next thing to fall. You can also create books with AI, i tried it and it’s scary.
“…I am already creating my own artwork and songs…”
Which is tantamount to saying you don’t have any creativity.
BTW, I have published six books (all without AI, except for one cover which combined a dozen AI images out of hundreds, and lots of editing on my part).
I also made a three-minute video using AI-generated images and video clips to market one of the books.The extent of my creativity was to combine the imagery/video clips with music and voice over. BTW, I find your use of ‘dumping’ offensive.
Most Hollywood movies look like they’ve been made with regurgitated scripts anyway. Only the names are changed to protect their paycheques.
movies have always been art by committee. its the nature of the effort that requires many parties to produce the final product. Even Chaplin had input from trusted parties and he was a bit of a perfectionist. Damn fine movies though.
Hollywood could sure use a couple Chaplins right now…
AI music sucks. Have heard it. It’s like if Katy Perry got dumber than she already is, wrote a song worse than she already does and posted it.
Finally, Trump has done something smart. He’s drawn attention to the lack of creativity in Hollywood, and its goal of ramming down a social/political agenda.
How to ‘fix’ Hollywood?
1) Get rid of the Screenwriters Guild.
2) Enable greater (not less) competition in the industry
What a freakin’ idiot. Movies are basically a digital good nowadays, essentially treated like a service. Gawd help the US economy if other countries start retaliating by imposing tariffs on US digital products and services. Besides maybe agricultural commodities, that’s the one thing we are actually competitive in. The magnificent 7 can kiss their earnings goodbye.
BTW, various US states and localities provide tax incentives to the film industry to shoot locally… just in case the Orange fool doesn’t know.
Just randomly throw sand in the gears, and threats in all directions, and we’ll all get richer. It’s so simple.
This is getting further and further from Hayek — liberty — to centralized price-setting which is a proven disaster. And the price-setter is about as clueless as one could imagine, on top of it. When has he bought a movie ticket or even groceries, or bothered to read through a report of major indicators? He looks at a few cherry-picked numbers (trade deficit) and decides to arm-twist all kinds of things.I can’t see how he ever got through Wharton.
There should also be a 100 tariff on foreign players in the NFL and NBA … those foreigners have a devastating effect in those leagues, especially in the NBA. There is no need to tariff foreign soccer players because Americans don’t know how to play soccer.
LETS DECLARE TARIFF, AND THEN TRY FIGURE OUT what todo!
Jesus!!!!! biden/Harris look more and more better!
and i am not even talking about clinton/obama. those were pretty much geniuses from 2025!
Marxism does not look good at all.
Fron the reaction this morning from Hollywood, he’s wrong. I mean he should listen to the industry he is supposedly interested in saving.
many films by US studios are stories taking place in other countries, and they are filmed in those other countries. he should leave it to the states to decide how to deal with issues. If LA is worried about losing the film industry it can roll back taxes and regs to make it more affordable. it’s not a federal issue.
The high cost of making a movie in Hollywood is one of the reasons why the industry has studios in other parts of the US. You’re partially correct about movies filmed in locations outside the US. However, the pre- and post-production stuff is a major part of the cost. Given the union cost, regulation, and risk of failure, Hollywood execs have little choice but to look for low cost alternatives.
ere’s Wall Street’s response (courtesy of Bloomberg):
Barclays
====
you would think IF NORMAL STABLE PERSON WHO WANTS to change something , to make it better, would do some consultations w/in industry, seek upstream/downstream discussion.
======
or no. !!
FOR STABLE GENIUS disguised as president IT IS TOO HARD.
LETS DECLARE TARIFF, AND THEN TRY FIGURE OUT what todo!
Jesus!!!!! biden/Harris look more and more better!
and i am not even talking about clinton/obama.
those were pretty much geniuses from 2025!
alx
You have a problem with ‘tossing out an idea’ to see reaction?
When is the first monthly CPI MAGA-MEGA-Delta Increase coming?
Movies have always been a national security threat,hence the “Hays Office”. If the internet has taught us anything, it is that people are easily influenced.
The Hays office made sure that the influence wasn’t immoral,obscene or puerile. If Red China owns the eyeballs of movie goers, Chairman Mao will be glorified, first subtly, then with a sledgehammer.
See “Hero” (2002) for a taste of the brainwashing.
it’ fiction. the governmetn should not be in the business of controlling fictional stories.
not to mention, plenty of US films are US propaganda.
you make my point my disagreeing with my point by supporting my point.
If you want to see ‘brainwashing,’ look for ‘good triumphs over evil.’ People actually believe it, so they never realize ‘evil’ is right there in front of them.
without bitter we would not recognize sweet, nature/god often provides a duality to balance the world. Evil exists that we might recognize good.
Surely just because evil exists, we should not glorify it? It is not propaganda to desire that good triumph over evil.
I sympathize with the criticisms but what would really be helpful if economically literate people or politicians come up with a framework that can solve the trade issue correctly. I know that running fiscal deficits contribute to this, I believe up until we went off the gold standard we were running trade surplus’s. However there must be a more competent way of dealing with foreign govt subsidies to undercut US prices on products .Many of the products they sell here are much more expensive in China. Also why did we ever allow the Chinese to steal our IP? We gave them the rope to hang us with. I would like to hear some constructive suggestions on a framework for fixing this problem. Maybe Mish could give us a bullet point plan.
We went off of the gold standard on Sunday August 15, 1971, over six years after the start of the Vietnam war buildup. As I recall at the time, France and then other countries lost confidence in the US ability to continue to redeem gold at $35 US an ounce and began to cash in its official holdings of $US for gold prior to the closing of the gold window. But as late as June 1973, I could still by regular gas for less than 30 cents a gallon in the western suburbs of Detroit. Inflation took off after the start of the Arab oil embargo in October 1973.
be helpful if economically literate people or politicians come up with a framework that can solve the trade issue correctly.
==
USA is too much of empire!!
cut war bases. 90% gone
cut DOD (= defense) budget , at least 50% . it would still more than Russia-china-Iran combined ( and n. korea too)
stop being policemen for whole world. USA does not have any enemies,.outside drugs from mexico.
that would start, probably upto 1 trln in yearly savings
=======
then, fix monopolism inside USA
fix health care,
4 banks control all
2-3 companies (blacklrock, etc) control all passive money
4 companies controls media
etc
alx
Egg foo yung for Chairman Mao.
Do all that you suggest and you still have NOT fixed the trade issue.
To succeed in free trade, and not just survive, a country needs a competitive advantage. Maybe list those for the USA as a starting point.
For example… the US has
1) an efficient and effective government
2) an education system generating graduates capable of critical thinking, motivated to work hard, and ready to innovate
3) an effective financial system providing a market-generated cost of capital relative to risk.
4) a taxation system that encourages productivity and punishes dependence
NOT!
“A very fast death” like all those media companies that were “Dying” in 2017 and are still getting about the same ratings today. He is only speaking to the idiots among us. The problem is, his audience is unfathomably large.
Who cares? No one watches movies anymore. They killed the movie industry with all their woke crap and self congratulatory awards. Just like the MSM, when the product sucks people will move on to better forms of entertainment. RIP Hollywood.
If your statement is true then why tariff a product that sucks and no one is watching?
Posturing.
it seems the strategy is to trigger, the easily triggered (which one can see here on a daily basis, imagine the real world..)
thus pulling their miniscule attention spans away from anything worth actual inquiry and debate.
or for those logically challenged, its a “look over there squirrel !!!!” thats seems to get them every time..
Idk
This Zero Hedge headline might explain it:
Rabobank: The Foreign Film Tax Reads Like A Tax On Wealthy Democrats
It’s easy?
It makes the industry less competitive in the long run?
You anticipate support from said industry?
You really don’t understand what you’re doing…..
I still watch lots of movies, just not at movie houses. I am disappointed that more movies have not been released in 4K versions to take full advantage of my 4K player and 4K TV.
just get 2k eyeballs, you won’t even notice the difference. I stopped at 1080p and I’m quite happy. I pay more attention to the qualities of the plot, than the quality of the image.
sometimes you have to go to 480p to watch some rare old films, so be it..
that boy ain’t right in the head
“Foreign Lands”? Lol.
Another midnight post?
The dems imported twenty million illegal immigrants – built a bridge to the world – for their illegal votes, which will seal the uniparty as the only party, to save our democracy. The dems were bursting at the seams, like an inflated soccer ball bursting at the seams. It’s useless. U can’t glue it. Pump air and u get a woush. Don’t blame Trump for kicking the dems ball. Portugal deports 20K illegals. The EU want to produce more internally. EuroArabia and Canada problems are growing. NATO cannot save them. China might be bursting at the seams.
Why not claim it was 50mm illegals? That’s a much bigger number, backed by no more hot air than your claim.
Quite soon, maybe this week, SMART PHONES MADE ANYWHERE ELSE, and PC’s and TABLETS will have an added 1,000% tariff. How’s that for a new BEAUTIFUL TARIFF REGIME. And, even Hardware made in AMERICA will be taxed and paid by US. What a BEAUTIFUL TIME TO BE ALIVE.
I am waiting, however, for the next 911. You just HAVE TO KNOW that a FALSE FLAG OP is being planned!
And, BOMBS will now have TARIFFS! EVEN MADE HERE! We are gonna be RICH!
fewer tablets and smartphones, would a smarter nation make. If it takes economic pressure to get people to act in their own interest, then so be it.
As the average american inflates to obesity (current rate is 41% of americans) something must occur to trigger in their sugar addled brains, that life is more than a screen and a trough of corn syrup.
Digital goods aren’t really subject to any tariff or pricing schemes. You can download everything on peer to peer networks from the famous Swedish website that shall not be named here.
But to avoid higher prices for shoes, clothes, lawn mowers, underwear, steel, aluminum, cars, and trucks, just move to where you don’t have psycho leadership. This will become a recurring theme for many until the light goes on, move to where you are treated best.
Only 1356 more days of Trump crazy left then we switch to woke crazy.
Sadly I find the Trump crazy more entertaining than the Woke crazy.
Norway… its next to Sweden, but has less 3rd world immigrants..
The Innovation and Technology party, formerly The Pirate Party is a Norwegian political party which was founded in 2012. Its basic principles are “full transparency in state management, privacy on the internet, as well as better use of IT and technology to make a better democracy”
I concur, if you don’t like America, and are driven by only the price of consumer goods, it would be best for the USA and her peoples, if the malcontents and price obsessed move to foreign shores and allow this nation to continue rebuilding with a supportive population.
Agreed. Have at it, follow in the footsteps of the central planning giants of Hugo Chavez and Fidel Castro. I’ll be watching from afar living it up.
as you should…
the MAGA cult of lumpenproles in amerika are begging to be clubbed like baby seals. this has occurred in world history before.
you TDS is calling you to commit crimes of violence against your fellow citizens, perhaps it is best to continue the medication and understand everything is not a plot against you..
If you are in favor of “Beautiful Tariffs” – – then you are a stupid MAGA type.
I do not vote, so BOTH sides sound Inane. “Lack of VITAMIN K” (Kamala, lacking brains) was not a choice. Voting for Mr T was “Better” but he left behind his business SENSE, if he had Any – – and he went bankrupt and ran up huge debts as a Builder – – then this shit would not be going on@
Trump could have made FAR better choices:
1) stick with DOGE.
2) Reduce inflation!
3) Deal with Homelessness.
4) Put IMMIGRATION CONTROLS IN and deport ONLY criminals and fast-track Illegals with workable solutions so we do not run low on available labor from other countries.
BUT, NoooOOOOooo! He started with TAXING US!
you didn’t vote..but complain.
thats like not cooking, but you hate the meal. nobody’s fault but yours.
Next thing is that Trump will declare himself a living god. I guess that’s how it feels like when you live in a place like North Korea.
the fear is palpable. so many must rein in their inner demons. what country has the most guns in the hands of its citizens? what are the actual chances of Trump becoming emperor god king of America?
find another focus for your obsession, its driving you mad.
And bend your knee to the God King Trump.
A French distribution vet posited: “He will kill the U.S. industry quicker as this will increase the cost of U.S. films that already weren’t selling well internationally. Creating an incentive for shooting in the U.S. would have been smarter but I’m not sure he has that much intelligence.” Deadline.
US films don’t sell well internationally, due to content. the mandatory, lesbian, trans, homosexual and people of colours in every film, no matter if its a documentary on Amish or a historical drama, has killed story telling on film
All the distribution in the world, cannot force people to watch deranged swill from equity obsessed studios. The American film industry has committed suicide before our eyes.
Fortunately over a hundred years of film archives exist of proven well told, enjoyable films. Mine the archives until the madness passes and we bury Hollywood and wait for new growth from the ashes.
US films DO sell well internationally, what are you talking about??
Blockbusters in the US are global blockbusters, and the smaller artsy films often do better abroad than here.
right enjoy your Marvel pap.. try watching the academy award winners from 1937 or 1939.
Trump is consistent. SchroedingerTalk is erratic. If our next president will be a dem all our movies will be produced in Bollywood India.
Shekhar Kapur is against Trump.
Take your meds
Trump’s Tariffs Are Lifting Some U.S. ManufacturersLevies on imports are giving early boosts to some American factorieshttps://archive.is/20250504095647/https://www.wsj.com/economy/trade/trumps-tariffs-are-lifting-some-u-s-manufacturers-06b4c6e1#selection-1909.0-1913.68
Surprise!
Trump was talking about himself…
when he said “the enemy is within”.
– Hooray for Hollywood!
> We shall see, as they will have to work for it, but will they be willing to do so is the far bigger question, isn’t it?
– U.S. President Donald Trump on Sunday announced a 100% tariff on movies produced outside the country, saying the U.S. movie industry was dying a “very fast death”
> Trump is 100% Correct! The “Movie Industry” is dying a “very fast death” when is the last time You saw a “Decent Movie” at the box office? When is the last time You we’re even at the box office.
– “This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda,”
> Trump is 100% Correct Again! Trump has waged a massive campaign, and with Total Support from American Citizens too! It is against what America doesn’t stand for as a Country, and as People. The Racist crap has to stop, the Manipulation and Deception in the MSM has to stop. So does the messaging from Countries like the UK and England, as two of many examples. Trump washed DEI as well as other unfair practices, out of our way of life, thank goodness, but other Countries and Organizations Desire It, as it’s extremely profitable for them! Not good for America, but they don’t care about America obviously. NATO is yet another Propaganda Arm, trying to pull America into its grasp. They also could care less about America, well except for Our $$$ (Digital Currency) is there Goal! So No they do not have any interest of Ours In Mind in the least…
– Trump said he was authorizing the relevant U.S. government agencies such as the Department of Commerce to immediately begin the process of imposing a 100% tariff on all films produced abroad that are then sent into the United States.
> There are very few places or sets that can’t be done in America. Why ship the money producing events to other Countries, when we have Our Own Country to care about. They can do there Movies where they live, and we can too…
– Neither Lutnick nor Trump provided any details on how the tariffs would be implemented.
> They may not be at all. He may be seeing if Hollywood Cares Enough to jump on His Bandwagon, and if not, then “Out to Pasture” for good perhaps, for them. You make your bed, you sleep in it. Trump will NOT help those that Do Not wish for Help (See Zelensky).
– Trump appointed three Hollywood veterans Jon Voight, Sylvester Stallone and Mel Gibson, in January, to bring Hollywood back “bigger, better and stronger than ever before.”
> In typical Trump Fashion, He backed up His Words, and appointed people in the know, to get this done!! Good for Trump! I Hope Hollywood plays ball…
– Hooray! Higher Prices for Movies
> ONLY if Americans are stupid enough to pay for it. They come down in cost, and the $248 Billion Industry takes a Hit!! OR WE DON’T GO.
– Higher prices for shoes, clothes, lawn mowers, underwear, steel, aluminum, cars, trucks, and now movies.
> Sad you had to go there… yet again!
– Who wouldn’t want that?
> Who said (with proof) that we are going to in fact get that?
Looks like you are just as mentally ill as Trump.
Why? Because I’m a realist? Are you against America? Do you not like it, when Your Countries President, stands up for your Country’s Citizens? Do you like having your Citizens TAX $$$ spent on Non-Citizens?
Where is your Proof, that President Trump, and I are “Mentally Ill” Did you just Make That Up? What else do you “Make Up” when you’re pretending about things?
I am at least Authentic, and Consistent and that appears as something that You will never be…
Sadly, you are a shrinking minority. Liberal mind control has taken over Mish Talk. The absence of critical thinking was very evident in the lead-up to the election. There is also buyers’ remorse, but mostly negative mass media continues to drive opinion.
Obama ran with Hope and Change. One could only hope for change–there wasn’t any change of significance.
At least Trump is trying to change a situation doomed to failure.
Movie theater prices are higher for a number of reasons, 1st of which is less people attending films at theaters. Home screens are larger, and sound systems as well, the more well to do movie buff, at this point, owns a home theater, which provides clean bathrooms, no lines, no parking, sensibly priced snacks, always fresh, as well as a plethora of favorite beverages and the management will pause the film for potty breaks and rewind and rewatch a scene to clarify details or just enjoy a great scene one more time.
Theaters were a product of the technology of their time. Most people didn’t have room or the technology to watch movies at home. 100 years later they do now have the abilities and the means to enjoy home theatres.
I have not been in a theatre since early 2000’s. I’m told they are infested with cell phones, people talking loudly, and exhibiting poor public manners as well as occasional fights and gunfire.
To sell anything and especially overpriced anythings, one must guarantee a pleasant and enjoyable experience. basic business 101.
fail this
and your business fails..
I do agree. I also do Love A Good Movie at the Cinema!! I know countless others that do as well. I would happily pay a premium for it too!
Problem is the crowd I speak about (Older), is not represented much in Hollywood, so I agree that my flat screens are just fine.
“If and When” they ever start producing good movies again, on the Big Screen, I will be there!!!
Hollywood is a Me-Too industry. With one success, others copy. Endless franchise spinoffs…. Add in a political agenda, and the result is exactly as expected. If you don’t fit in, you don’t survive. Outsiders do not get access to the theater chains.
My feature film, ‘Mother Trucker’ will never see a theater, even though she kicks butt, crashes police blockades, saves puppies, and raises a family of randy Bonobo monkeys.
So, the failure belongs to Hollywood. Tariffs simply reduce the competition and encourage more of the same Me-Too crap.
The net drove audience away from main stream Cinema, with its variety on offer..
We have not seen a great USA Created Film in quite a long time. We will not miss them.
Ah yes, your blanket absolutism painting with the broadest brush available. You MUST be 100% correct!
try the “wild robot”. you may be pleasantly surprised.
As an Australian I find this quite hilarious. The American film industry is amazingly successful, especially in the English speak world. But it is so successful that is readily spreads to non English speaking countries.
Though in a way Trump is right. We in Australia do have “unfair trade” rules here. We have a bunch of subsidies for locally produced content and a rules and requirement requiring a minimum amount of local content.
However despite all this most local content is still mediocre. And US content is significantly better.
Honestly Trump can tariff away. You are just making life harder for US content creators.
You are correct, Sir. He could have started on REAL problems with REAL solutions.
BUT NoooooOOOOOOooo! He begins with Taxing us!
Trump is economically illiterate, and proves it every day
You need more shrimp on the barbie, mate!
or more barbie on the “shrimp” if you know what I mean..
US content is a really low bar. Production value is state of the art though.
the kakistocracy is in full frontal exposure. this clown needs to go.
The Emperor has no film subsidies, the long awaited to sequel to The Emperor has no clothes, which involved an invasion of killer moths from a lab in Wuhan, that left the world naked, confused, and angry.
Will there ever come a day when we can turn on a TV news program and there isn’t any mention of Trump?
Legacy media would be dead without Trump.
It does make for some entertainment value. Trump makes me LOL at times. The distinction is that 1/2 of the time I am laughing WITH HIM and other half: AT him!
You would have to ask the TV News Programs: “Would you survive without Trump”. There is your answer, so No it won’t stop…
Yeah about 10 years after he’s dead maybe for one day.
The news Media LIVES/FEEDS off of CONTROVERSIES. Death. Weather. Politics is WAY too covered and it bores me to death. I wish it would stop and that TRUMPCO and the rest of Government would get to FUCKING WORK!
when zion don dies, his cult will form a new religion. perhaps grow larger than mormons and muslims and christians……..in the next few thousand years. trump tower the new vatican city.
Mike Lindell 2028 /s
the mind is a terrible thing to waste. when we focus on our fears, they own our thoughts.
Perhaps welcome more useful thoughts into your mind, you might be surprized at how your life changes.
That is why he photoshopped the Popey hat!
He’ll probably pull a Fatal Attraction!
This is called WINNING!
THE CONSEQUENCES OF COLLECTIVE SELF-DELUSION
As some readers will know, I recently chose to use a period of necessary travel to isolate myself, for a space, from all forms of purported “news” and “information”.
It is something that I can heartily recommend to anyone, even if it involves just a few hours spent fishing at a place where no fish are to be found.
During this period of reflection, I gained a much clearer perspective on how a chapter of instability masquerading as “modernity” will end, even if the basics – the unfolding failures of money and technology – were already apparent.
Whilst our understanding of these basics will continue to improve, the task now is to strengthen the correlation between the calculated and the experienced.
What is particularly striking is the contrast between the abundant evidence of economic contraction and a near-universal refusal to accept this reality.
In practical terms, this means that “modernity” will end, not gradually, but very rapidly indeed.
1
When we once stand aside from the slings and arrows of outrageous narrative, it quickly becomes clear that the fundamentals in our economic and broader predicament are comparatively few in number.
The first is that growth in global material economic prosperity has been decelerating relentlessly towards contraction, a process that we are utterly powerless to prevent.
Equally, there is, at the collective level, an absolute refusal to accept this reality, or to prepare to manage its consequences in practical and constructive ways.
Economic inflexion has become something ‘almost everywhere experienced, but almost nowhere admitted’.
Instead, we have been invited to swallow ideas that even Lewis Carroll’s White Queen – who prided herself on her ability to believe “at least six impossible things before breakfast” – would have found wholly indigestible.
Chief amongst these notions are the beliefs that we can spend our way to prosperity, borrow our way to solvency, and innovate our way past material limitations demarcated by the planet’s resources and the laws of physics.
Our specific ‘remedies’ for the ending and reversal of growth are monetary innovation and technological advance. Such propositions disregard the facts, which are that money commands value only as an exchangeable claim on the material, and that the potential scope of technology is bounded by the limits of physical possibility.
2
These considerations define two of the greatest shocks that we will encounter as reality refuses to submit to the imperatives of wishful thinking.
Bluntly stated, the financial system will crash into cascading defaults and runaway inflation, whilst technology will fail to deliver on the unrealistic expectations vested in it.
Both of these failures are already unfolding. Debts and quasi-debts are expanding at wholly unsustainable rates, whilst the activities that we term “tech” are trapped in a relentless process of diminishing returns.
The latter involves investing ever more to deliver ever less, a trend that is unlikely to be changed by a version of AI which is customarily assessed on the basis of what it can accomplish rather than what it can deliver.
The public is caught up in this process of denied inflexion, which is why, over the past year, incumbencies have lost ground, or been ousted from power altogether, in countries as diverse as Britain, America, India, Japan, Germany and France.
The Canadian administration would doubtless have gone the same way, had the Liberals not replaced an unpopular leader, and ridden the tide of resentment unleashed by Mr Trump’s tariffs and territorial tantrums.
Essentially, the problems of government are a compulsion, knowingly or not, to promise a prosperity, and a continuity, that cannot be delivered. The public, for the most part, seems to believe that all and more of the benefits of growth are being skimmed off by an already super-wealthy minority.
The underlying reality – which might come as scant comfort to a discontented majority – is that the economy has started to contract, and that the much-publicised gains of the elites exist only in a paper form which is GTC (“good till cancelled”) by the looming financial crisis.
In these conditions, cherished notions will be invalidated just as surely as existing systems will fail. Far from being the highest possible iteration of the human project, a post-capitalist economic model, powered by consumerism and dominated by multinational corporations, is nearing its end.
A further denied truth, visible everywhere but admitted nowhere, is that of nations and societies scrapping over decreasing resources.
None of this is to say that better outcomes are impossible, but ‘better’ can no longer mean an extrapolatory ‘more of the same’ now that less has become the irreversible tendency of the economy.
3 – https://surplusenergyeconomics.wordpress.com/2025/05/05/302-at-the-end-of-modernity-part-one/
Gobbledygook
I don’t usually read through such long comments but this was worthwhile – a thought provoker. I see Doug 78 displays again his dislike of anything requiring putting a few brain cells to work but I enjoy the comments section for the opposing views.
Tim Morgan was head of research for https://tpicap.com/tullettprebon/ so worth listening to…
Tullett Prebon is a broker in the wholesale financial, energy, and commodities markets. We are a TP ICAP Group company.
Our role is to facilitate trading for commercial and investment banks, hedge funds, buy-side institutions, corporates and trading houses.
As one of the largest inter-dealer brokers in the world, we cover all major asset classes including global fixed income securities, money markets, capital markets, equities, credit, and associated derivatives products. In energy and commodities, we again cover all major asset classes including power, gas, renewable energy credit, and liquified natural gas (LNG).
We have offices in 24 countries and operate voice, hybrid, electronic, volume matching, algorithmic matching, and risk mitigation platforms.
The clown calling this gobbledeegook is clearly operating with an IQ that is equivalent to room temperature… so his comment is understandable.
The thing is … if you step back and look at what is going on … something fundamental has changed… we are most definitely on the cusp of a massive and likely permanent collapse
empires come and go. study anthropology for a few years. human primate history for the past 50,000 years is an eye opener. if we go out further back, and hence forward, this planet is just a rock flying around which ends when the sun flames out.
actually it can end in a number of ways, but the most common is the sun flaring up, not flaming out. examine the 6k & 12k cycles of coronal mass ejections, it helps explain the ice ages as well as the lack of history of previous civilizations beyond Gobekli Tepe
The world is frequently cleansed by fire and ice and there is litle we can do but watch.
The TL:DR from your two posts of well over 1,000 words can save your reader 99% of their time:
“we are most definitely on the cusp of a massive and likely permanent collapse”
Same argument as most are making, anyway.
Not so fast Fast Eddy. Gobbledygook often comes from large brokers because their job is to sell and not to predict so they have to come up with something almost every day and it often comes out as gobbledygook. You are talking to someone who knows that market well and I have even written some of this gobbledygook myself so I know what I am talking about. It certainly impresses the easily impressed which is why it works on you. It’s a selling tool.
Well John it is because I have read so many bullshit reports in my life I learned to spot them early. Everything said there could have been said in one paragraph but the author had to stretch it out with verbosity till it meant nothing.
“the much-publicized gains of the elites exist only in a paper form which is GTC (“good till cancelled”) by the looming financial crisis”
So your average billionaire loses 50% or even 75% now he’s just a multi-millionaire, who could live on that?
Your audience cannot possibly misunderstand a word of this terse set of unbreakable truths
Brevity is not just the soul of wit, it is also of great help in communicating ideas effectively. basically what you are saying is, “what can’t go on, won’t go on.” while true and self evident, the world is doing all it can to hide this fact via mass media and illusions.
More and less are relative terms, what is important is not the quantities of a given element, but the qualities of these elements and which ones shall we give a higher status in our desires and our lives?
More cell phones? or more love? More discussion, or more screaming past each other? More corn syrup and sloth, or more activity and a varied diet.
our choices have consequences, we build our world around us with our choices. There is indeed a wall of propaganda around us trying to influence those choices, and if we silence that wall of propaganda we can find what we truly need in the world.
The real declining resource is meaningful thought and understanding rather than fear and reaction which are in massive surplus, everywhere, always.
You lost me by postulating a difference between accomplishment and delivery.
We have R friends who think that anything goes, with their MAN. The problem is THEIR MAN is losing it mentally. NONE OF THIS MAKES SENSE. WOULD ANY OF YOU HAVE STARTED YOUR PRESIDENCY WITH ADDING TAXES TO OUR GOODS and NOW SERVICES?
most of us are barely competent to operate a motor vehicle. I doubt most of us are qualified to be president no matter how much we may dream.
asking how we would start our presidency is a empty fallacy, we possess insufficient knowledge and experience to even contemplate the situation.
I would be a great President! In fact, I would be a GREAT Emperor of the world.
no, you’d be a beautiful, amazing Emperor of the world. Great isn’t a big enough word to describe your reign. Why sabotage your legacy with insufficient words?
I’m aiming for Lord of the Universe as i feel it has more options for growth(expanding universe and all that rot) as well as advancement (extra dimensional mostly)
been watching the dailies for an opening but no ones hiring right now..
Fiction is stranger than truth…
No, wait, truth is stranger than fiction…
No, that does not seem right either….
Potus Fiction is stranger than plebs fiction!
Movies are just another service like Google or Amazon. Look up Digital Services Taxes (DSTs) in Europe on American service companies. This has nothing to do with Hollywood and everything to do with American service companies operating in Europe. DSTs and VATs are a very contentious point between the US and Europe and it looks like it just got hotter.
Trump says it’s national security, you say it’s taxes. You sayin’ Trump’s a liar?
He is saying whatever you decide he is saying, now isn’t he?
I said it is part of negotiations which it is. Why don’t you take a look at the DSTs and come back. We can discuss it then.
It makes sense once you remember that the same people who run Hollywood also run Israel and dictate US foreign policy. Vote MAGA, get MIGA. Oy vey.
Trump appointed three Hollywood veterans Jon Voight, Sylvester Stallone and Mel Gibson
=====
Jon Voight, = 1938 born
Sylvester Stallone 1946 born
and Mel Gibson is not exactly born in USA! is he going be deported first?
jesus! Trump is more and more deranged
Mel Gibson was born in New York City. A 5 his parents moved to Australia.
when I was 5, my parents took me to the zoo.
But i found my way back home..
travel widens one’s experience and abilities at self reliance..
No doubt the SAG is solidly against this.
They should be. US has a large surplus in this area.
On deck is only using American actors and actresses.
Sigh.
No problem. Instead of shooting my next Hallmark Special in BC as usual, I’ll do it all using generative AI at AWS:Oregon2.
What about Aunt Becky?
Aunt Becky is red right down to her underwear..ask any chinaman..
Self-appointed King Herod believes he has the authority who lives and who dies.
Hahahahaha!
What a show!
always keep the microwave popcorn handy when visiting this site. I’m working on an AI that can trigger the microwave based on the URL. I’mma call it “MishPop”.
i’ll leave a link and you can beta test it for me..
This is the kind of economically foolish thinking you’d expect from a guy like Bernie Sanders.
Bernie Sanders has a couple really nice houses, he does allright for a socialist, I think he knows what kinda foolish thinking makes his bank account fatter..
a lot of politics is theater.
what’s that saying ?? politics is hollywood for ugly people or something like that..
after some reflection I realize the saying is “politics is show business for ugly people”
The clown show continues and the sheep clap.
as long as we can get butts in the seats, alls well that ends well..
one clown hates Shakespeare? can always count on mishtalk to bring out the mentally challenged..