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Rescuing Our Future

Chris Martenson - August 18, 2017 - 15:13
Executive Summary
  • The Destructive Practices To Stop Doing
  • The Regenerative Behaviors To Do More Of
  • Getting The Foundational Pieces In Place
  • The Payoff, For Both You & Society

If you have not yet read Part 1: We Need a Social Revolution available free to all readers, please click here to read it first.

In Part 1, we compared non-hierarchical, bottoms-up secular social revolutions with hierarchical, top-down political and technological revolutions managed by the state and corporate sector.  Next, we surveyed the erosion of social connectedness and social capital, and asked who benefited from this fraying of the social order.  While certain players derive some benefit from political divisiveness and from the sale of technologies that undermine authentic connectedness, it seems that much of the social-order decay is collateral damage—destruction that wasn’t intentional.

How can we strengthen or repair our own connections and social fabric in such a disintegrative era?

There are two basic approaches: stop participating in destructive dynamics, and assemble the foundational pieces of a connected social life.

How do we as individuals and households foster and nurture the social bonds that are fast-eroding in civil society?

The basic strategies are not difficult to understand, though they are extremely difficult to put in place in modern-day America:

  • Strip out busyness to free up enough time and energy for social life and connectedness.
  • Live in a place with short commutes to friends, family and public social spaces.
  • Recognize (and then.....

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Categories: Economics

We Need A Social Revolution

Chris Martenson - August 18, 2017 - 15:12

Governments and corporations cannot restore social connectedness and balance to our lives.

Only a social revolution that is self-organizing from the bottom-up can do that.

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Categories: Economics

Daily Digest 8/18 - Good News Friday: Torches Replaced By Candlelight, Preparing For The Eclipse

Chris Martenson - August 18, 2017 - 04:48
  • Meet the clergy who stared down white supremacists in Charlottesville
  • Torches Replaced By Candlelight As Thousands Gather For Charlottesville Vigil
  • Our Minds Have Been Hijacked By Our Phones. Tristan Harris Wants To Rescue Them
  • Hudson County to pay $70K to probe deaths of jail inmates
  • ACLU Will No Longer Defend Hate Groups Protesting With Firearms
  • A tour of our solar system’s eclipses
  • Preparing for the August 2017 Total Solar Eclipse
  • Tales From The Shadow Of The Moon

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Categories: Economics

Off The Cuff: The End Of The Easy Money Era

Chris Martenson - August 17, 2017 - 15:29

In this week's Off The Cuff podcast, Chris and Wolf Richter discuss:

  • Growing Signs Of Recession
    • Autos, retail, restaurants...
  • Dark Times For Commercial Real Estate
    • Bad enough that the Fed is worried
  • The Retail Hosing Market Is Popping
    • Toronto as a case study
  • The End Of The Easy Money Era
    • It's legacy: way too many over-leveraged victims

Suddenly, the tranquil seas long enjoyed by the markets have turned turbulent. Chris and Wolf react to the sudden volatility returning to stocks, the growing flood of recessionary indicators, the recent Fed statement, and the signs that the real estate market may have finally indeed topped out.

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

Daily Digest 8/17 - Why Elites Are Winning The War On Cash, How Arsenic Is Poisoning A Nation

Chris Martenson - August 17, 2017 - 08:03
  • Why Elites Are Winning The War On Cash
  • Are China And India On The Brink Of War In The Himalayas?
  • Bank of America Warns of an ‘Ominous’ Sign for Stocks
  • Rogoff, Orwell and Kafka
  • Broadening Internal Dispersion
  • U.S. cities step up removal of Confederate statues, despite Virginia violence
  • The Growing List of Money Managers Cutting Their Exposure to Junk Bonds
  • Debt, Dollars, DOW, War, Silver and Shirts
  • The Single Biggest Bullish Catalyst For Oil 
  • How Arsenic Is Poisoning A Nation

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Categories: Economics

Could the Marijuana Industry Bring Public Banking to California?

Shareable Magazine - August 16, 2017 - 12:59

Marijuana-related businesses in California could play a role in shaking up the U.S. banking sector. Earlier this month, California's state treasurer John Chiang called a meeting to explore the issue of banking access for businesses in the marijuana industry — and the possibility of doing it through a publicly-owned bank.

Chiang said that interest in public banking was gaining traction due to "a deep public dissatisfaction with our private banking system."

Categories: Economics

I Just Added To My Short Position

Chris Martenson - August 16, 2017 - 11:01

Last year, I detailed out my personal investments in the report How My Portfolio Is Positioned Right Now. It turned out to be one of our most popular articles over the past few years.

In it, I mentioned that I'll do my best to update our subscribers when I make a material change to my portfolio allocation.

Well, I just did.

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Categories: Economics

Daily Digest 8/16 - Hunger Crisis Hits Venezuela, What Happens If You Don't Pay Your Student Loans

Chris Martenson - August 16, 2017 - 05:09
  • Hunger crisis hits Venezuela
  • CalPERS $100K Pension Club up 63% Since 2012, Watchdog Says
  • Hartford, With Its Finances in Disarray, Veers Toward Bankruptcy
  • Milliman: Corporate Pension Funded Status Rises $4 Billion in July
  • Bipartisan group of House members drafting proposal to avert shutdown, default
  • Here’s what happens if you don’t pay your student loans
  • Americans have once again taken on record debt loads

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Categories: Economics

Podcast: What is Universal Basic Income — And How Would it Work?

Shareable Magazine - August 15, 2017 - 18:22

What if you were paid just for being alive? Just imagine — you are given a check every month for the rest of your life that's enough to cover all of your basic needs. You wouldn't be driving around in a Ferrari or eating avocado toast every day, but you'd be receiving enough to live relatively comfortably. And there's absolutely nothing you would have to do in order to receive it. How would that change your life? What would you do differently? Close your eyes and just try to picture that for a second.

Categories: Economics

Guerrilla Cartography Mapmakers Use Crowdsourcing to Create Stunning Atlases

Shareable Magazine - August 15, 2017 - 12:54

The California-based nonprofit group, Guerrilla Cartography, is set to publish its second collection of crowdsourced maps, called  "Water: An Atlas." The group's first atlas project, which was published in January of 2013, was geared at the global distribution of food. The project, "Food: An Atlas," explores the geography of food. It is vibrant and covers a number of topics, including "The World According to Chile Peppers" and "Food Insecurity and Indigenous Communities in Canada's North."

Categories: Economics

Daily Digest 8/15 - World USD GDP Seems To Have Peaked, The Gold vs. Bitcoin Cage Match

Chris Martenson - August 15, 2017 - 06:30
  • Money Laundering Scandal at Australia’s Largest Bank Triggers Another Call for Ban of Cash
  • World GDP in current US dollars seems to have peaked; this is a problem
  • Women’s March to reconvene around 2018 after Charlottesville
  • Update gone wrong leaves 500 smart locks inoperable
  • Misdemeanor Defendants Facing Jail Time Not Told They Have a Right to Counsel, Bar Association Finds
  • Don’t Chase the Gold Price, Warns Rick Rule
  • The Gold vs. Bitcoin Cage Match: Place Your Bets
  • These Scientists Took Over a Computer by Encoding Malware in DNA

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Categories: Economics

Locals and Tribes March Together to Oppose Construction of Natural Gas Plant

The construction of the Puget Sound Energy facility is already underway in Washington state, and it has locals worried about the health and safety of their community.
Categories: Economics

Brien Lundin: If They Don't Want You To Own It, You Probably Should

Chris Martenson - August 14, 2017 - 17:39

One of the most perplexing mysteries to us is that right as the Federal Reserve embarked on QE3 -- which was a huge, enormous, $85 billion a month experiment -- commodities began a multiyear decline within two weeks of that announcement. Concurrently, the world’s central banks plunged the world into steeply negative real interest rates, a condition that has almost always resulted in booming commodity prices -- but not this time. Today, the ratio between commodity prices and equities is at one of, if not the most, extreme points in history.

To explain that gap, we talk this week with Brien Lundin, publisher of Gold Newsletter and producer of the New Orleans Investment Conference (where Chris and Adam are speaking on Oct 25-28):

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Categories: Economics

Daily Digest 8/14 - SpaceX Returns To Flight, Betting Big On Ride Sharing Tech

Chris Martenson - August 14, 2017 - 07:55
  • Justice Department opens civil rights investigation into Charlottesville crash
  • Indian state suspends hospital chief after deaths of 60 children
  • Unlearning the myth of American innocence
  • The Breakthrough: How a Small News Outlet Brought Down the State Hero
  • Malls and Restaurants Schedule Workers at the Last Minute. Oregon Just Made That Illegal.
  • After a month-long break, SpaceX aims to return to flight today
  • Automotive Giants Are Betting Big On Ride Sharing Tech
  • Wildfires Force Evacuations Along the French Riviera

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Categories: Economics

Q&A: reSITE's Martin Barry on Designing Sharing Cities in Europe

Shareable Magazine - August 14, 2017 - 00:34

Earlier this summer, I was invited to lead a workshop at reSITE 2017: In/visible City, an annual conference in Prague, Czech Republic, that brings together 1,000 architects, municipal leaders, planners, students, and investors, to discuss how to create "liveable, competitive, and resilient" cities. This has become one of the key events of Shared Cities: Creative Momentum, a four-year project aimed at addressing the contemporary urban challenges of European cities.

Categories: Economics

Daily Digest 8/12 - Risks Are Rising While Low Risks Are Discounted, “What, Me Worry?” Markets

Chris Martenson - August 12, 2017 - 09:39
  • Why Some U.S. Ex-Spies Don't Buy the Russia Story
  • New York Fed chief Dudley has an idea — homeowners should tap into equity
  • Risks Are Rising While Low Risks Are Discounted
  • “What, Me Worry?” Markets
  • Boss tells state workers: Kick ICE out of California labor offices
  • What Trump Needs to Know About North Korea's History
  • Is America Talking About Opioids the Wrong Way?
  • Court keeps Great Lakes wolves on endangered species list

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Categories: Economics

Joining The Quiet Revolution

Chris Martenson - August 11, 2017 - 19:08
Executive Summary
  • Knowing, Doing & Being
  • Preparing for and embracing de-growth
  • Getting your perspective straight
  • Ways to participate

If you have not yet read Part 1: Signs Of Distress available free to all readers, please click here to read it first.

How We Fix This

At Peak Prosperity our model for squaring up to reality and taking action has three components.

Knowing – refers to gathering the best and most complete data and letting it tell the tale. Often this is hard work, mainly because much if it is ‘not happy data’ and sometimes leads to grief, such as when I view the decline in butterfly populations.

Doing – once armed with the data that says “DO SOMETHING!” we figure you should probably do something. The Eight Forms Of Capital framework in Prosper! lays out a great starting point for anyone. Stepping through each form of capital not only makes you more resilient for any future that might arrive, but happier, more well connected, and healthier today. It’s a win-win and that’s why we like it. Of course Adam and I live what we preach, so there’s nothing in there that we are not following ourselves.

Being – nothing that we do will matter in the end of we humans do not find a new way to be on this planet with each other. We need to be able to tame our egos to the point that we can finally know when to say “enough!” because we know that more stuff isn’t where our happiness and contentment come from. Further we need to remember that are a part of not apart from nature. Reconnecting to the natural world is a huge and important part of being alive and content. Mastering being allows us to experience lives of amazing abundance, in part by being grateful for what we do have rather than consumed by what we do not have.

Once we are on the path of aligning ourselves and our actions with the reality of the world we become...

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Categories: Economics

Signs Of Distress

Chris Martenson - August 11, 2017 - 19:06

The world is edging closer to the final moments after which everything will be forever changed.

Grand delusions, perpetuated over decades, will finally hit the limits of reality and collapse in on themselves.

We’re over-budget and have eaten deeply into the principal balances of all of our main trust accounts. We are ecologically overdrawn, financially insolvent, monetarily out past the Twilight Zone, consuming fossil fuels (as in literally eating them), and adding 80,000,000 net souls to the planet’s surface -- each year! -- without regard to the consequences.

Someday there will be hell to pay financially, economically, and ecologically as there simply isn’t any way to maintain these overdrafts forever. Reality does not renegotiate. Its deal terms aren't compromisable.

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Categories: Economics

How Mobile Apps Are Helping People Design and Develop Their Cities

Shareable Magazine - August 11, 2017 - 12:48

Mobile technologies are reshaping people's civic engagement in a number of ways. Smartphones have now opened up so many avenues for people to report issues and share ideas to improve their cities. They've also enabled local authorities to improve services for their constituents. Before the widespread use of smartphones, a resident who wanted to complain about a pothole would either have to call or write to their local city council.

Categories: Economics