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Niki Okuk on Cooperative Economics in African-American Communities

Shareable Magazine - September 20, 2017 - 14:17

In her engrossing TED Talk, business owner Niki Okuk explores three key themes: racism, economic oppression, and privilege, and how they relate to cooperate economics. Okuk, who runs tire recycling company Rco Tires, shares her personal story of starting the business, but puts it in larger, historical context. "So a lot of people ask, 'How did Rco come to be,'" Okuk says. "And I have to be really honest.

Categories: Economics

Daily Digest 9/20 - MD ACA Premiums Could See 50% Increase, 'Time Running Out' On PA Downgrade

Chris Martenson - September 20, 2017 - 07:31
  • Maryland premiums for ACA policies will could see up to a 50% increase in 2018
  • Health Care Costs Expected To Rise Because Of New Specialty Drugs
  • With Increased Pension Costs on Horizon, Taylor Mill to Join Ft. Wright in Lawsuit (Kentucky)
  • Wolf says time running out on budget deal before downgrade (Pennsylvania)
  • CFPB Settles With Owners of Wall Street's Worst Student Debt
  • Hurricane Maria poses new threat to debt-laden Puerto Rico
  • Global debt may be understated by $13 trillion: BIS
  • New Thinking and Different Actions
  • Admiral, Captain Fired as Investigation into Ship Collisions Continues

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Categories: Economics

Podcast: Enspiral's Silvia Zuur on 'Progress Through Collaboration'

Shareable Magazine - September 19, 2017 - 15:54

Playing for Team Human today is Silvia Zuur. In 2012, Zuur founded Chalkle to reignite adult education in New Zealand.

Categories: Economics

Daily Digest 9/19 - The Case Against Civilization, How Brazil Got Hooked On Junk Food

Chris Martenson - September 19, 2017 - 05:49
  • The Next Crisis Will Start in Silicon Valley
  • How Big Business Got Brazil Hooked on Junk Food
  • POTUS, Politics And Parenting
  • The Case Against Civilization
  • A Weekend of Protest in St. Louis
  • Trump admin wants to allow seismic study of Alaska refuge for oil drilling
  • Oil Price Volatility Is Set To Return
  • Rethinking the ‘Infrastructure’ Discussion Amid a Blitz of Hurricanes

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Categories: Economics

What Cuba Can Teach Us About Health Care

Even Trump supporters agree we can learn something from the country’s universal, low-cost health care system. It’s that good.
Categories: Economics

Off The Cuff: It's A Mad, Mad, Neo-Con World

Chris Martenson - September 18, 2017 - 15:36

In this week's Off The Cuff podcast, Chris discusses:

  • It's A Mad, Mad, Neo-Con World
    • US foreign policy is becoming increasingly reckless
  • The Beginning Of The End For The Petrodollar?
    • China is challenging the dominance of the dollar
  • Gold: The Oppressed
    • Perhaps the most suppressed asset in modern history?
  • Upcoming PP events
    • Come join us in New Orleans and/or Munich

Chris flies solo again this week to make sense of the many geo-political risks popping up as the long-time axis of global stability becomes more and more wobbily and destabilized. There is much in US policy that appears increasingly reckless, pitting America increasingly against the world's other major powers.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.

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Categories: Economics

A Toolkit for Establishing a Great Lakes Commons

Shareable Magazine - September 18, 2017 - 11:59

The Great Lakes Commons is a regional grassroots initiative advocating for the freshwater chain of lakes in the upper Midwest and Mideast parts of the U.S. and Canada. As part of that mission, the group has released a new toolkit designed to help communities and residents protect the lakes, which its members view as a public, natural resource. The kit is a mix of traditional advocacy tools, policy statements, historical documents, and educational tools.

Categories: Economics

Daily Digest 9/18 - Gulf Coast Refiners Bouncing Back, China Getting Tougher On NK

Chris Martenson - September 18, 2017 - 06:30
  • CM: China Dollar Dump Means Hyperinflation
  • China is getting tougher on North Korea—to stop the US from getting tougher on it
  • Are You One of the 143 Million Americans Just Hacked?
  • ‘We’ve Been Breached’: Inside the Equifax Hack
  • Warren Buffett wins $1M bet made a decade ago that the S&P 500 stock index would outperform hedge funds
  • Cleaning And Scavenging: The Blessings Of Hurricane Irma
  • U.S. Gulf Coast Refiners Are Bouncing Back
  • Independent Monitors Found Benzene Levels After Harvey Six Times Higher Than Guidelines

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Categories: Economics

Julie MacQueen: Chocolate!

Chris Martenson - September 17, 2017 - 18:51

In this week's podcast, Chris profiles Julie MacQueen, founder and CEO of Pure7 Chocolate.

Her story is that of the small entrepreneur, one who has sought to innovate a healthier way to enjoy one of life's tastiest foods. Chris and Julie talk about the journey of product development, as well as the challenges of starting up a business and engaging those interested in local investing.

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Categories: Economics

Daily Digest 9/17 - Pension Storm Warning, How different are wild salmon from farm salmon? A lot, DNA shows.

Chris Martenson - September 17, 2017 - 11:22
  • Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?
  • Pension Storm Warning
  • The Most Bullish Oil Report This Year
  • Take 2 Hikes and Call Me in the Morning
  • North American Ash Tree, Madagascan Grasshopper On Brink Of Extinction
  • How different are wild salmon from farm salmon? A lot, DNA shows.
  • The great nutrient collapse

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Categories: Economics

Daily Digest 9/16 - How Rich Chinese Use Visa Fixers to Move to the U.S., Plastics Won’t Save Oil

Chris Martenson - September 16, 2017 - 09:10
  • Harvey, Irma, Gold and Bad Options
  • Amazon Is Going to Wipe Out the Supermarkets
  • If You Think Basic Income is “Free Money” or Socialism, Think Again
  • How Rich Chinese Use Visa Fixers to Move to the U.S.
  • Hugh Hendry Closes Shop Amid “Almost impossible” Environment For Small Funds
  • Plastics Won’t Save Oil
  • UVic scientist says peak contamination levels from Fukushima disaster are now known

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Categories: Economics

Smart Strategies For Building & Managing Your Cash Savings

Chris Martenson - September 15, 2017 - 17:47
Executive Summary
  • Is it better to hold cash in savings/checking accounts, or securities accounts?
  • Where will the dollar likely from here?
  • What will likely happen with retirement accounts?
  • Ways to diversify your cash risk

If you have not yet read Part 1: The Cardinal Sin Of Investing: Permanent Impairment Of Capital available free to all readers, please click here to read it first.

The Role Of Cash In The Informal Economy

In stagnating formal economies burdened by over-regulation, high taxes and financialization, one of the few bright spots for employment and entrepreneurism is the informal or cash economy.  The more stultified and elite-dominated the economy, the larger and more vibrant the informal economy.  In some highly regulated, high-tax European nations, up to 30% of the economic activity is underground/cash.

The elimination of central bank currency will not eliminate the informal economy. Rather, the participants in this sector will adopt non-central bank issued forms of cash—precious metals, coins, other nations’ paper money, perhaps even digital currencies such as bitcoin or its gold-linked cousins (Bitgold, etc.)

Those with little income often do not have bank accounts, as the fees are costly. Eliminating cash will hit the poor who earn money in the informal economy especially hard. Though the poor are essentially powerless in our influence-is-auctioned-to-the-highest-bidder system, this could change once the working poor who benefit from the cash economy are pushed even deeper into poverty by the banning of cash.

That might spark...

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Categories: Economics

The Cardinal Sin Of Investing: Permanent Impairment Of Capital

Chris Martenson - September 15, 2017 - 17:47

Permanent impairment of capital is the cardinal sin of investing.

Well, today's markets present a clear and present danger of coming capital impairment for those who don't take prudent action in advance of a market downturn. Don't be guilty of inaction.

 

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Categories: Economics

Daily Digest 9/15 - Good News Friday: The Cassini spacecraft crashed into Saturn, Nun With A Chainsaw Becomes Symbol Of Post-Irma Cleanup

Chris Martenson - September 15, 2017 - 10:57
  • 99-year-old grandpa still works on the family farm, providing an example for his kids and grandkids
  • The Cassini spacecraft crashed into Saturn, ending a successful 20-year mission
  • Bank Wants to Help Customers Affected by Hurricane, Waives 3 Big Fees in Florida
  • Nun With A Chainsaw Becomes Symbol Of Post-Irma Cleanup: 'She Rocks'
  • West Virginia House Unanimously Approves Commercial Hemp Farming
  • After the Hurricane, Solar Kept Florida Homes and a City's Traffic Lights Running
  • The Majestic Long-Endangered Snow Leopard is Not Endangered Anymore

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Categories: Economics

11 Reasons Why Germany's Heidelberg is a Thriving Sharing City

Shareable Magazine - September 14, 2017 - 14:09

Heidelberg is known as one of the important university towns of Germany, with its university founded in 1386. Millions of tourists flock to this city to visit its Altstadt (the old city) and the castle, which remained intact through World War II. The location on either side of the Neckar river as it exits the Odenwald hills and enters the Rhine plain adds greatly to the beauty of the city (an excellent video of the river as it enters and exits Heidelberg can be seen here).

Categories: Economics

Daily Digest 9/14 - Bitcoin Crashes After Chinese Exchange Says It Will Halt Trading, Pentagon is still preparing for global warming

Chris Martenson - September 14, 2017 - 10:56
  • California's housing crisis — it's even worse than you think
  • The $10 Trillion Resource North Korea Can't Tap
  • Bitcoin Crashes After Chinese Exchange Says It Will Halt Trading
  • Investment Advice for My Children & Grandchildren
  • US Threatens To Cut Off China From SWIFT If It Violates North Korea Sanctions
  • Hurricane Irma’s Wrath Weighs On Natural Gas
  • Pentagon is still preparing for global warming even though Trump said to stop
  • Four underappreciated ways that climate change could make hurricanes even worse

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Categories: Economics

Shareable Needs Your Help

Shareable Magazine - September 13, 2017 - 10:24

For almost a decade, Shareable has shown how people around the world have been creating resilient and equitable societies through sharing and collaboration. We've provided a platform to uplift the work of everyday people, community organizers, and city leaders who are helping solve some of the pressing problems facing the world today. While we've come a long way, we have much further to go. As a nonprofit, we need the support of our readers to ensure that we can report on inspiring and impactful sharing projects, both locally and globally.

Categories: Economics

WATCH NOW: Dangerous Markets Webinar

Chris Martenson - September 13, 2017 - 09:14

This week's Dangerous Markets webinar  is free to PeakProsperity.com's enrolled members.

Here is the replay video of the event:

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Categories: Economics

Daily Digest 9/13 - Austria tests new waters by marketing 100-year bond, Harvey, Irma deliver one-two punch

Chris Martenson - September 13, 2017 - 08:51
  • U.N. rights boss sees possible "crimes against humanity" in Venezuela
  • Comptroller to prioritize backlogged bills with highest interest rates (Illinois)
  • Harvey, Irma deliver one-two punch to battered flood insurance program
  • Hurricanes Harvey and Irma may have caused up to $200 billion in damage, comparable to Katrina
  • UK cost-of-living crisis grows as dearer imports push inflation to 2.9%
  • Austria tests new waters by marketing 100-year bond
  • Americans' Borrowing Hits Another Record. Time To Worry?

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Categories: Economics

Daily Digest 9/12 - The Two Nations Leading The Wind Power Race, Hundreds of dead birds found on Bering Sea shores

Chris Martenson - September 12, 2017 - 10:48
  • Never Forget: The US Government Has A Known History Of Using False Flags
  • American Working Women Finally Earn 80 Cents on a Man's Dollar
  • How OPEC Was Hurt By The Hurricanes
  • A $150 Billion Misfire: How Disaster Models Got Irma Wrong
  • As Amazon Pushes Forward With Robots, Workers Find New Roles
  • The Two Nations Leading The Wind Power Race
  • Hackers infiltrated power grid controls in the US and abroad
  • Hundreds of dead birds found on Bering Sea shores

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Categories: Economics