Demographic Doom Podcast
46. The Post-Nuclear Family: An Introduction (25 min)

46. The Post-Nuclear Family: An Introduction (25 min)

October 23, 2020

Glenn Campbell describes his proposed family structure, the "post-nuclear family", intended to address the shortcomings of the traditional nuclear family. Instead of one or two adults raising 1-3 children, Glenn proposes 9-18 kids raised under one roof by a consortium of adults who do not live in the home. The advantages of this system are economies of scale and the "captive labor force" of older children caring for younger one. Although the household is supported from the outside and there's usually an adult on duty, most of the routine work of parenthood is performed by children. This is not unreasonable, since the children's ages are evenly spaced and the oldest are essentially adults. Children prepare all the meals, change all the diapers, teach basic skills to the‏ir youngest siblings and perform whatever maintenance duties they are capable of. Teenagers are essentially the parents of their younger siblings, both practically and emotionally. Older adults provide financial support and serve as household supervisors on a scheduled basis; otherwise, they are free to live as they wish separate from the main household. There are many complex aspects to the system which will be covered in future episodes. This episode is only an introduction. This new series is intended replace Glenn's earlier episodes and videos on the "modular family" (the same system but renamed in June 2020). If you are interested in exploring the post-nuclear family, this is the first episode to listen to. — Website: DemographicDoom.com — Twitter: @DemographicDoom — See the video version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_postnuclear [ep 46, 23 Oct 2020]

45. Rip van Winkle Awakens… to Insane Economics

45. Rip van Winkle Awakens… to Insane Economics

October 8, 2020

On Oct. 8, 2020, after 4½ months on hiatus, Glenn Campbell returns with a new podcast, recapping what has happened both in the world and in his personal life. While there has been plenty of "news" over the past four months, not a lot has changed in the big picture. The pandemic is almost certain to accelerate the birth collapse in developed countries, which will be confirmed by birth statistics in December. While the long-term prospects haven't changed, Glenn is surprised by three "insanities" he wasn't anticipating: (1) The dramatic rise in stock markets despite a crumbling economy. (2) A labor shortage despite massive unemployment, and (3) Reversing of the long-term trend toward urbanization, at least in the biggest cities. Glenn says the true crash has hardly begun. He predicts another Black Swan will be needed to make people take the first Black Swan seriously.  — Website: DemographicDoom.com — Twitter: @DemographicDoom — See the video version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_winkle [ep 45, 8 Oct 2020]

44. Casualties of the Crisis: Real Estate and College Campuses

44. Casualties of the Crisis: Real Estate and College Campuses

May 25, 2020

In coming months, the world is due for a major collapse of real estate prices. The lockdowns prompted by Covid-19 have exposed the inherent weaknesses of most forms of "place". Offices, retail stores and expensive homes just don't have the same intrinsic value that they did five months ago, and a painful reckoning is at hand. With many employees and college students working successfully from home, it is becoming clear that knowledge work doesn't require a special location. The virus has given a huge boost to telecommuting, and once these wheels have been set in motion, they can't be turned back. The victims of the change are landlords providing office space and colleges forced to maintain expensive buildings that aren't being used, as well as all the workers who construct and maintain these facilities. Homeowners in major cities will also face losses as telecommuters flee to less expensive cities. Knowledge workers may have easier lives, but anyone who are already invested in real estate may face devastating losses. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_realestate [ep 44, 24 May 2020]

43. A History of our Dysfunction: 1945-2020

43. A History of our Dysfunction: 1945-2020

May 16, 2020

In a single episode, Glenn Campbell reviews the entire economic history of the United States from the end of World War II to the current economic collapse. Recorded on May 10, 2020, when stock markets continue to defy the crisis, rising in the face of bad news. Glenn identifies five processes over the past 75 years that have made an economic crisis inevitable: (1) The rise and fall of the Baby Boomers. (2) Our expanded longevity due to advances in safety and medicine. (3) The "inflation of tastes" which has turn our economy into a frivolous one. (4) The explosion of debt in all sectors of the economy that cannot possibly be paid back, (5) Desperate attempts by the Federal Reserve to rectify to previous four processes through destructive monetary policy. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_practices [ep 43, 10 May 2020]

42. Best Practices Medicine vs. Triage Medicine

42. Best Practices Medicine vs. Triage Medicine

April 29, 2020

Glenn Campbell discusses a basic dilemma of modern medicine: whether you should spare no expense to save one patient ("best practices") or ration medical resources in such as to save as many patients as possible ("triage medicine"). While he has benefited from best practices as a high-expense cancer patient, he has misgivings about its benefits to society at large. By giving perfect care to just a few patients, a society may end up killing more of its citizens in the long run. Replaying a 6-minute portion of Episode 37, Glenn expands on this dilemma and how it will play out in the future. Mankind may have already achieved "peak medicine" where advances in medical technology do not improve the longevity of the general population. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_practices [ep 42, 29 April 2020]

41. Casualty of the Crisis: Things You Don’t Need

41. Casualty of the Crisis: Things You Don’t Need

April 26, 2020

On April 26, 2020, as most communities remain in lockdown for COVID-19, Glenn Campbell looks back on a video he released a year earlier called, "The Vanity Economy: The First Casualty in the Next Recession". This video was prescient and is rebroadcast here in full. Although Glenn knew nothing of any pandemic back then, he knew that a crash was coming and that it would start with a collapse in the market for nonessential products and services. Everyone needs food and medical care, but they can live without spa treatments, sports equipment, home renovation, new cars and countless other ego-motivated items. In a crash, those are the first things people eliminate from their budgets. Purging things you don't need may seem good for the soul, but it is devastating for a modern economy, which has come to depend on this discretionary market. This episode replays the original 10-minute video (visible on the YouTube version) followed by a commentary bringing it up to date. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments & corrections: j.mp/dd_dontneed [ep 41, 26 April 2020]

40. The Tragedy of the Commons: The Sin That Got Us Here

40. The Tragedy of the Commons: The Sin That Got Us Here

April 18, 2020

April 18, 2020 — The Tragedy of the Commons is an economic dilemma first described in 1822. If a village uses a common plot of land to graze its animals, the incentive of each villager is to graze as many animals there as possible, but if everyone in the village does this, the land is denuded and all the animals starve. The only way to preserve the Commons is some form of government regulation limiting the grazing rights of each villager. This analogy applies to all manner of shared resources, like lakes and rivers, as well as financial instruments and the money supply. Governments have been successful in managing real-time resources like grasslands but have been less successful regulating secondary markets involving future resources. When villagers start buying and selling their future grazing rights, it can lead to bubbles where more rights are sold than the future Commons can actually support. That's the condition of our whole economy right now. More debts and promises are being traded than the real economy can ever fulfill. In this episode, Glenn Campbell looks at the new Tragedy of the Commons arising from too much debt and undisciplined monetary policy. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments & corrections: j.mp/dd_commons [ep 40, 18 April 2020]

39. Coming Soon: Collapse of Federal Debt and the U.S. Dollar

39. Coming Soon: Collapse of Federal Debt and the U.S. Dollar

April 10, 2020

April 9, 2020: As COVID-19 and "Lockdown Fever" grip the United States, virtually every response the Federal government can offer involves spending tons of money. They're sending stimulus checks to taxpayers and subsidizing businesses seen as essential, like banks and airlines. As usual, the government is spending money it doesn't have and never will. It couldn't even live within its means in the good times, and now, in the bad times, Federal debt is set to explode. In this episode, Glenn Campbell explores what will happen when Federal debt reaches its saturation point. Right now, desperate investors are eager to buy any bond the government issues, because it is seen as the least-worst place to put their money, but an insatiable market can't go on forever. Eventually, the Federal reserve must step in, buying bonds from the market and issuing new currency. This flood of new money will eventually result in massive inflation, even if it isn't evident today. Glenn predicts that by the end of 2020, inflation will resemble that of the 1970s, and hyperinflation could be next. In clear and simple terms, he explains how money printing works and why it can't be stopped. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments & corrections: j.mp/dd_usdebt [ep 39, 9 April 2020] 

38. A Sorry Time for Humanity: How Lockdowns Are Digging Our Graves

38. A Sorry Time for Humanity: How Lockdowns Are Digging Our Graves

April 8, 2020

April 8, 2020: As government-mandated lockdowns of "nonessential" workers enter their umpteenth day, Glenn Campbell explains why they are such a bad idea. Lockdowns are blind and indiscriminate, and their economic damage is irreparable. The cure for COVID-19 is strategically addressing the major vectors that convey the disease, like shaking hands and touching door handles. Lockdowns, however, are trying to eliminate every possible risk, no matter how unlikely, and it will be politically difficult to roll them back. That's not to say they won't be effective. Glenn predicts that the epidemic will peak soon, as most vectors of transmission are addressed. The issue, then, will be the long-term economic damage of the lockdowns themselves. This is a case where the cure may be far worse than the disease. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments & corrections: j.mp/dd_sorry [ep 38, 8 April 2020]

37. How I’m Spending the Apocalypse: In a Hospital Bed in Boston

37. How I’m Spending the Apocalypse: In a Hospital Bed in Boston

April 6, 2020

On April 5, 2020, as states and countries become deeply entrenched in open-ended lockdowns due to COVID-19, Glenn Campbell finds himself in an unexpected place: a cancer ward in Boston. After 13 days at Beth Israel Hospital, he is beginning treatment for a relapse of his lymphoma, with a good chance of recovery in about 4 months. In this personal episode, light on demography, Glenn describes his treatment plan and cancer history. He also provides some insight into how a big-city hospital is dealing with COVID-19. Is it pandemonium in the wards. Are the staff stressed beyond the breaking point? As far as Glenn can tell, the answer is no. The hospital continues to function pretty much as it normally has. The virus requires many change in procedure, but there is one compensation for the staff: No more annoying visitors. Glenn can be seen recording this podcast in the YouTube version, direct from his hospital bed. — Also see DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments & corrections: j.mp/dd_hospital [ep 37, 6 April 2020]

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