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The Four Horsemen of the Great Ravine, Part 1

By Ben Hunt | 17 Comments

Every so often, things fall apart.

In the words of those who lived it, here are the vibes and the semantic signatures of the twentieth century’s most devastating social collapses.

From the meaning in their words, wisdom for our future emerges.

Why Am I Reading This Now? 01.13.24

Recent major media stories that feel to us like they’re part of a larger narrativ‌e campaign.



Why Am I Reading This Now? 01.06.24

Recent major media stories that feel to us like they’re part of a larger narrativ‌e campaign.



Why Am I Reading This Now? 12.30.24

Recent major media stories that feel to us like they’re part of a larger narrativ‌e campaign.



Why Am I Reading This Now? 12.23.24

Recent major media stories that feel to us like they’re part of a larger narrativ‌e campaign.



Why Am I Reading This Now? 12.16.24

Recent major media stories that feel to us like they’re part of a larger narrativ‌e campaign.



This is an exclusive subscriber-only preview of the first six chapters of Rusty Guinn’s upcoming book Outsourcing Consciousness: How Social Networks are Making Us Lose Our Minds. The book explores how evolution, polarization, and technology are slowly transforming humanity into a hive mind - and what we can and can't do about it.

The Long Now is everything we pull into the present from our future selves and our children. We are told that the economic stimulus and the political fear of the Long Now are costless, when in fact they cost us … everything.
Tick-tock.

Men of God in the City of Man is a nine part series about a Narrative virus that infected the charismatic and Pentecostal churches in the United States. It isn't a story about Christian Nationalism. It isn't a story about January 6th. It isn't a story about why people voted for Trump. It is a story about a story. It is a story about the language that created a self-sustaining movement defined by its unwavering belief in a fundamentally corrupt electoral system.

Amid the Widening Gyre of politics and the black hole of financial markets, the only anchor is us, together, walking with Clear Eyes and Full Hearts. Experience Ben's original 4-part series.

Recent Notes

Catch – 22

By Ben Hunt | January 12, 2015

Four times during the first six days they were assembled and briefed and then sent back. Once, they took off and were flying in formation…

The Clash of Civilizations

By Ben Hunt | December 29, 2014

Thomas Cole, “The Course of Empire: Destruction” (1836) In the emerging world of ethnic conflict and civilizational clash, Western belief in the universality of Western…

Now There’s Something You Don’t See Every Day, Chauncey

By Ben Hunt | December 16, 2014

Narrator: Well, today we find our heroes flying along smoothly… Rocket J. Squirrel: Flying along smoothly? Bullwinkle J. Moose: You’re just looking at the picture…

Narrative Uber Alles

By Ben Hunt | December 11, 2014

Yesterday the Wall Street Journal ran a front page story titled “OPEC Sees Less Demand for Its Oil in 2015”, as well as another article…

We Now Return to Our Regularly Scheduled Programming

By Ben Hunt | December 5, 2014

Hilsenrath Analysis: Friday’s Jobs Report Assures Global Central Banks Going in Two Directions ― Wall Street Journal, December 5th, 9:59a ET Earlier today I tweeted that “I…

Signs and Portents

By Ben Hunt | December 1, 2014

Young nanny: Look at me, Damien! It’s all for you.   [she jumps off a roof, hanging herself]  – “The Omen” (1976)   When one has…

The Unbearable Over-Determination of Oil

By Ben Hunt | November 24, 2014

Market outcomes are always overdetermined, which is a $10 word that means if you added up all of the likely causes and their likely percentage contribution to the outcome you would get a number way above 100%.

Nowhere is this more true than the price of oil.

Mike Tyson: Master Game Theorist

By Ben Hunt | November 6, 2014

Everyone has a plan until they get hit in the mouth. – Mike Tyson My long-term strategy turned into a 12-hour strategy. – “Survivor” contestant…

Wherefore Art Thou, Marcus Welby?

By Ben Hunt | October 30, 2014

Seek not the favor of the multitude; it is seldom got by honest and lawful means. But seek the testimony of few; and number not…

Calvin the Super Genius

By Ben Hunt | October 14, 2014

People think it must be fun to be a super genius, but they don’t realize how hard it is to put up with all the…

Hey Spike

By Ben Hunt | October 9, 2014

The strong do what they can, while the weak suffer what they must. — Thucydides, “The History of the Peloponnesian War” (395 BC) Global growth…

Going Gray

By Ben Hunt | October 1, 2014

Everything under the sun is in chaos. The situation is excellent. – Mao Zedong (1893 – 1976) Forget it, Jake. It’s Chinatown. – Chinatown (1974)…

Best of List

By Ben Hunt | September 26, 2014

I’ll have a new full-length Epsilon Theory note out early next week (“Going Gray”), but wanted to pass along two background points. First, a replay…

Finest Worksong

By Ben Hunt | September 15, 2014

Take your instinct by the reinsYou’d better best to rearrangeWhat we want and what we needHas been confused, been confused– REM, “Finest Worksong” (1987) The…

The Game of Thrones and the Game of Markets

By Ben Hunt | September 11, 2014

Two items for the mid-week. First, an invitation to attend a Salient Webinar I’ll be presenting next Thursday, September 18th at 2pm ET, titled: “The Game…

The Ministry of Markets

By Ben Hunt | September 8, 2014

– Actual conversation as I left a client meeting with a Salient colleague last Friday and we checked our phones… Colleague: Wow, looks like the…

The Name of the Rose

By Ben Hunt | September 1, 2014

If names be not correct, language is not in accordance with the truth of things.  ― Confucius, “The Analects of Confucius” (551 – 479 BC)…

An Ice Bucket Dilemma

By Ben Hunt | August 25, 2014

Something on the lighter side from Epsilon Theory today, as summer winds downs here in the last week of August. Most of us have seen videos galore…

One Little Old Russian Convoy

By Ben Hunt | August 15, 2014

You know what I’ve noticed? Nobody panics when things go “according to plan”. Even if the plan is horrifying. If, tomorrow, I tell the press…

Here We Go Again

By Ben Hunt | August 8, 2014

From an Epsilon Theory perspective, the scariest, most market risk-creating event of the past 48 hours had nothing to do with Iraq, nothing to do…