- Upset in France would have bigger impact here than Brexit or Trump
- Trump Vs. Congress: Now What?
- GOP Eyes Tax Overhaul -- And Lessons From Health-Care Failure
- One Step From Meltdown
- JNUG up, Stalled? Sell now or get JDST? What happens May 1
- Russian Roulette, Central Banks, and Gold
- OPEC In Trouble As Saudis Becoming Weary Of “Free Riders”
- Food Waste, No More—Scientists Have Figured Out A New Use For Orange Peels
Like an old vinyl record with a well-worn groove, the needle skipping merrily back to the same track over and over again, we repeat: Today's markets are dangerously overpriced.
Strange as it may sound, it's our opinion that the sooner a major market correction happens, the better. Crash now while there’s still chance of picking up the pieces afterwards and making something useful from them. The longer we push off the inevitable fall, the more destructive it will be and the more difficult it will be to recover from.
- Why economic growth is not going to ride to the rescue
- The alarming warning signs the auto, fine art, retail & housing industries are flashing now
- The actions you should be taking now to protect yourself from (and position for) the coming crash
Sometimes I wonder if I'm ever going to run out of new things to say about the state of the world, especially economics. The more obvious our predicaments become to me, the less appetite there seems to be ‘out there’ to discuss them.
What more can be said about a system that is so obviously corrupt and destined to fail, and piles up more and more evidence that this is the case, and yet refuses to engage in the most minimal of introspection?
Well, lots as it turns out.
You see, we're finally getting to beginning of the end. Our long national -- and global -- experiment with using flawed economic models is now running smack dab into reality.
The edifice of central planning omnipotence is crumbling and when it finally breaks down in earnest, the financial markets will implode, the central banks will be overrun and discredited, and investors will discover that overly-long parties come with massive hangovers.
There will be hell to pay.
For reasons we have discussed previously, and extensively, GDP growth has not been a feature of the world stage for over a decade, and is unlikely to return both because of debt levels that are far too high to support rapid growth and because any return of rapid growth will run smack into higher oil prices.
So…how’s that story working out? Not so hot. It’s been sub-par on a global scale for more than a decade. And the same is true for the US.
And here’s where we are today...
- Detroit Exits Bankruptcy, Thanks to Its Art Museum
- Want A Fat Bank Account? Treat Money Like Food
- The microbes in your body that you couldn't live without
- Dakota Access pipeline: ING sells stake in major victory for divestment push
- These Cities Are Pulling Billions From the Banks That Support the Dakota Access Pipeline
- Americans Ate 19% Less Beef From ’05 to ’14, Report Says
- The Penguins That Take A Morning Bath
- Energy carbon emissions in 2016 flat for third year: IEA
In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- Weariness Everywhere In The Markets
- The post-election price support is evaporating
- Confused Leaders
- Chris recaps his latest meetings at the U.N.
- Boomer Guilt
- Divisions between the older haves & younger have-nots are growing
- Banks & Government
- A partnership of evil
Charles returns to Off The Cuff this week to note the recent lack of vigor in today's financial markets. Does it portend a turning point?
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.
L'Atelier Paysan is a French cooperative that works with farmers to design machines and buildings adapted to the specific practices of small farm agroecology. In addition to distributing free plans on its website, L'Atelier Paysan organizes winter self-help training sessions, during which farmers train in metalworking and build tools which they can then use on their own farms.
- Inside the secret Trump lobby that wants to profit from the break-up of Iraq
- Doug Casey: Financial Collapse Will Trigger Civil War
- What’s Next For The Dollar, Gold & Stocks?
- The New Subprime Risk
- Don’t look now, but the market’s big money is eyeing the exit
- Democrat Leader On Sound Money: “In 1868 Gold Was $27 An Ounce… Today It Is $1,218… So You Can’t Say Gold Will Protect Us From Inflation”
- Omaha’s Answer to Costly Potholes? Go Back to Gravel Roads
- The Meaning Of Life (Part 1)
- Inside Alabama’s Auto Jobs Boom: Cheap Wages, Little Training, Crushed Limbs
- Trump’s Budget: Valuing Military Over Energy
If you've been thinking about attending this year's annual Peak Prosperity seminar in Rowe, MA (April 6-9), time is running out to make your decision.
With all the controversy engulfing the global ride-hailing giant Uber, there is more attention on alternative platforms that meet people's transportation needs and don't have the company's ethical baggage. One of the newest and most promising alternatives is LibreTaxi, founded by Roman Pushkin, a San Francisco-based developer and architect with a decade of experience in the technology sector.
Doña Reina remembers the water that ran from the faucet at her home in rural Honduras. It was yellowish, opaque, she said in Spanish, and "y sucia," which means dirty. Then, in 2008, her small village of Tamara received its first water treatment plant, a gravity-fed system made of locally sourced materials that was designed by engineering students in the U.S. Today, Reina's water is clean enough to drink from the tap.
- Illinois teachers' pension spiking continues despite $130 billion deficit
- Rising Pension Debts Checking Muni Supply, Morgan Stanley Says
- Is the Dallas Police and Fire Pension Crisis the Canary in a National Coal Mine?
- Illinois' Unpaid Bills Hit Milestone
- Is Le Pen miles ahead in French polls? 'Secret polls' claim National Front candidate is actually far more popular with voters than official surveys forecast
- The Balance Sheet Worry for Global Central Banks
- BOJ’s mission to reflate economy incomplete
AnyShare has bold plans to help the world. By creating a multi-stakeholder platform cooperative, the Arizona-based organization wants to support local exchange groups and sharing communities. The AnyShare platform lets you start your own sharing network that makes it easy to add, find, and exchange what your community or group needs to thrive.
Bellowing out in the songs of eco-village choirs and reverberating down city streets through the chants of the 99 percent, the call for a new economy echoes out over the dying gasps of late capitalism.
From energy co-operatives in Spain that are literally bringing power to the local level, to a small school hidden deep in the English moors that is redesigning the study of economics, to a vast coalition in North America that is challenging domination by the one percent, this episode of Upstream explores the movement for a new economy.
- The mistake that will upend your retirement security
- School Choice Fight in Iowa May Preview the One Facing Trump
- This Article Won't Change Your Mind
- Taxes Are Your Money
- Global carbon emissions continue to stabilize, US has 3% drop
- Is A Russian-Iranian Energy Pact In The Making?
- Visualizing The World’s Deepest Oil Well
- Trying To Avoid Pesticides In Your Food? Maybe Don’t Buy Those Strawberries
It's tax season in America. With the deadline looming to pay Uncle Sam less than a month away, many are wondering — or grumbling — about how their tax dollars are allocated in the first place. But now participatory budgeting, a concept in which citizens get to vote democratically on how a particular pot of public funds will be spent, has been gaining traction across the U.S. over the last few years, and promising to give citizens a voice in these matters.
As human animals, our genetic programming pushes us to optimize caloric intake with the minimal amount of effort expended. The food industry knows this, and has for decades been developing "foods" scientifically engineered to appeal to that evolutionary drive. That result? An explosion in obesity, chronic health conditions like diabetes, and a society shamed by itself.
Robb Wolf's guidance revolves around working with, not against, our primal wiring. Eating more, but of the fuel our body truly needs, is much better than merely eating less of the processed gunk sold to us in most aisles of the grocery store.
- How Bankers Became the Top Exploiters of the Economy
- CryptoCurrency Investing: Research and Due-Diligence
- Populist Politics And The Dutch Elections
- Comey Confirms FBI Probing Trump-Russia Ties During '16 Campaign
- In Gold We Trust
- The Reclusive Hedge-Fund Tycoon Behind The Trump Presidency
- Can NYC Reach Its Renewable Energy Storage Goals?
- Charts of US Gasoline Sales: The US is Bleeding Out Badly. Retail sales by refiners have collapsed by up to 90% in some states