Pessimism Porn
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Pessimism Porn
Pessimism porn is a neologism coined in 2009 during the 2007–2012 global financial crisis to describe the alleged eschatological and survivalist thrill some people derive from predicting, reading and fantasizing about the collapse of civil society through the destruction of the world's economic system. Origin Pessimism porn's coinage is attributed to Hugo Lindgren when he wrote about the concept in ''New York'' in February 2009.Pessimism Porn? Economic Forecasts Get Lurid
Dan Harris, ABC News, April 9, 2009; accessed July 8, 2012
''Apocalypse and Post-Politics: The Romance of the End'', Mary Manjikian, Lexington Books, March 15, 2012,
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Neologism
A neologism Greek νέο- ''néo''(="new") and λόγος /''lógos'' meaning "speech, utterance"] is a relatively recent or isolated term, word, or phrase that may be in the process of entering common use, but that has not been fully accepted into mainstream language. Neologisms are often driven by changes in culture and technology. In the process of language formation, neologisms are more mature than '' protologisms''. A word whose development stage is between that of the protologism (freshly coined) and neologism (new word) is a ''prelogism''. Popular examples of neologisms can be found in science, fiction (notably science fiction), films and television, branding, literature, jargon, cant, linguistics, the visual arts, and popular culture. Former examples include ''laser'' (1960) from Light Amplification by Stimulated Emission of Radiation; ''robot'' (1941) from Czech writer Karel Čapek's play ''R.U.R. (Rossum's Universal Robots)''; and ''agitprop'' (1930) (a portmanteau of " ...
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Occupy Wall Street
Occupy Wall Street (OWS) was a protest Social movement, movement against economic inequality and the Campaign finance, influence of money in politics that began in Zuccotti Park, located in New York City's Financial District, Manhattan, Wall Street financial district, in September 2011. It gave rise to the wider Occupy movement in the United States and other countries. The Canadian anti-consumerist magazine Adbusters initiated the call for a protest. The main issues raised by Occupy Wall Street were social equality, social and economic inequality, greed, corruption and the undue Regulatory capture, influence of corporations on government—particularly from the financial services sector. The OWS slogan, "We are the 99%", refers to income inequality in the United States, income and wealth inequality in the U.S. between The 1%, the wealthiest 1% and the rest of the population. To achieve their goals, protesters acted on consensus-based decisions made in General assembly (Occupy m ...
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Nouriel Roubini
Nouriel Roubini (born March 9 1958) is a Turkish-born Iranian-American economist. He is Professor Emeritus (2021–present) and was Professor of Economics (1995–2021) at the Stern School of Business, New York University, and also chairman of Roubini Macro Associates LLC, an economic consultancy firm. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a visiting researcher/advisor at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who was Treasury Secretary under Barack Obama. Early life and education Nouriel Roubini was born in Istanbul, Turkey. When ...
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Alex Pareene
Alex Pareene (born ) is an American journalist, writer, and editor. He was the editor of the online news magazine ''Gawker''.Alex Pareene returns to Gawker Media
Jeremy Barr, '''', January 7, 2015


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Pareene grew up in south and graduated from , where he wrote for the schoo ...
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Central Park
Central Park is an urban park in New York City located between the Upper West Side, Upper West and Upper East Sides of Manhattan. It is the List of New York City parks, fifth-largest park in the city, covering . It is the most visited urban park in the United States, with an estimated 42 million visitors annually , and is the most filmed location in the world. After proposals for a large park in Manhattan during the 1840s, it was approved in 1853 to cover . In 1857, landscape architects Frederick Law Olmsted and Calvert Vaux won a Architectural design competition, design competition for the park with their "Greensward Plan". Construction began the same year; existing structures, including a majority-Black settlement named Seneca Village, were seized through eminent domain and razed. The park's first areas were opened to the public in late 1858. Additional land at the northern end of Central Park was purchased in 1859, and the park was completed in 1876. After a period of de ...
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ABC News
ABC News is the news division of the American broadcast network ABC. Its flagship program is the daily evening newscast ''ABC World News Tonight, ABC World News Tonight with David Muir''; other programs include Breakfast television, morning news-talk show ''Good Morning America'', ''Nightline'', ''Primetime (American TV program), Primetime'', and ''20/20 (American TV program), 20/20'', and Sunday morning talk shows, Sunday morning political affairs program ''This Week (ABC TV series), This Week with George Stephanopoulos''. In addition to the division's television programs, ABC News has radio and digital outlets, including ABC News Radio and ABC News Live, plus various podcasts hosted by ABC News personalities. History Early years ABC began in 1943 as the Blue Network, NBC Blue Network, a radio network that was Corporate spin-off, spun off from NBC, as ordered by the Federal Communications Commission (FCC) in 1942. The reason for the order was to expand competition in radi ...
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Gerald Celente
Gerald Celente (born November 29, 1946) is an American trend forecaster,Alderman, Leslie, , money.cnn.com, 15 December 1997, retrieved 3 August 2009Hopkins, Steve,Doctor doom – For 2008, Gerald Celente predicts the total collapse of an already damaged economy, WeeklyBeat.net, 23 February 2009, retrieved 3 August 2009 publisher of the ''Trends Journal'', business consultantNaughton, Keith,, ''Newsweek'', 17 January 2000, retrieved 3 August 2009 and author who makes predictions about the global financial markets and other important events. Background Celente was born in an Italian American family in The Bronx, New York City, New York. He had early political experience running a mayoral campaign in Yonkers, New York, and served as executive assistant to the secretary of the New York State Senate. From 1973 to 1979, Celente traveled between the major US cities of Chicago, Illinois and Washington, D.C. as a government affairs specialist.Jones, Alex, Alex Jones show'', KLBJ (AM), Fa ...
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Peter Schiff
Peter David Schiff (; born March 23, 1963) is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is also involved in various roles in other financial services companies including Euro Pacific Asset Management, an independent investment advisor; Schiff Gold (formerly Euro Pacific Precious Metals); a precious metals dealer; and Euro Pacific Bank, a full-reserve bank. Personal life Schiff was born to a middle-class Jewish familyThe American Conservative: "Dr. Doom Runs for Senate" By Michael Brendan Dougherty
October 1, 2009
in

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Commercial Paper
Commercial paper, in the global financial market, is an unsecured promissory note with a fixed maturity of rarely more than 270 days. In layperson terms, it is like an " IOU" but can be bought and sold because its buyers and sellers have some degree of confidence that it can be successfully redeemed later for cash, based on their assessment of the creditworthiness of the issuing company. Commercial paper is a money-market security issued by large corporations to obtain funds to meet short-term debt obligations (for example, payroll) and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note. Since it is not backed by collateral, only firms with excellent credit ratings from a recognized credit rating agency will be able to sell their commercial paper at a reasonable price. Commercial paper is usually sold at a discount from face value and generally carries lower interest repayment rates than bonds due to the sh ...
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Calculated Risk (blog)
Calculated Risk is a finance and economics blog. It was started in early 2005 by former technology executive Bill McBride (pseudonym Calculated Risk), with frequent posts by Doris Dungey (under the pseudonym Tanta) until her death on November 30, 2008 from ovarian cancer. As an early predictor of the United States housing bubble The 2000s United States housing bubble was a real-estate bubble affecting over half of the U.S. states. It was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reac ..., Calculated Risk developed a "cult following" and influence over US fiscal policy. In January 2009, it received approximately 75,000 page views a day, and was the top economics blog by traffic statistics. References External links Calculated Riskblog Finance websites Internet properties established in 2005 {{internet-publish-stub ...
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Survivalism
Survivalism is a social movement of individuals or groups (called survivalists or preppers) who proactively prepare for emergencies, such as natural disasters, as well as other disasters causing disruption to social order (that is, civil disorder) caused by political or economic crises. Preparations may anticipate short-term scenarios or long-term, on scales ranging from personal adversity, to local disruption of services, to international or global catastrophe. There is no bright line dividing general emergency preparedness from prepping in the form of survivalism (these concepts are a spectrum), but a qualitative distinction is often recognized whereby preppers/survivalists prepare especially extensively because they have higher estimations of the risk (odds) of catastrophes happening. Nonetheless, prepping can be as limited as preparing for a personal emergency (such as a job loss, storm damage to one's home, or getting lost in wooded terrain), or it can be as extensive ...
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Collapse Of Society
Societal collapse (also known as civilizational collapse) is the fall of a complex human society characterized by the loss of cultural identity and of socioeconomic complexity, the downfall of government, and the rise of violence. Possible causes of a societal collapse include natural catastrophe, war, pestilence, famine, economic collapse, population decline, and mass migration. A collapsed society may revert to a more primitive state, be absorbed into a stronger society, or completely disappear. Virtually all civilizations have suffered such a fate, regardless of their size or complexity, but some of them later revived and transformed, such as China, India, and Egypt. However, others never recovered, such as the Western and Eastern Roman Empires, the Maya civilization, and the Easter Island civilization. Societal collapse is generally quick but rarely abrupt. Anthropologists, (quantitative) historians, and sociologists have proposed a variety of explanations for the collaps ...
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