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Daily Digest 9/21 - U.S. Building Up To Pension Crisis, Chinese Debt "Above Danger Zone"

Chris Martenson - September 21, 2016 - 06:10
  • RETIREMENT CRISIS: Millions have NO IDEA how they will pay bills in old age
  • CalPERS forecasts funding gap could grow to $9.2 bln in 15 years
  • US building up to pension crisis
  • Gulf budget deficits to peak this year
  • Monte dei Paschi's shares, bonds hit by worries on emergency plan
  • Nigeria Plans N4.72 Trillion Stimulus for Troubled Economy
  • Is China Building a Road to Ruin?
  • Deutsche Bank Goes to Crisis-Era Well
  • Chinese debt "three time above danger zone"
  • The big question of Kenya's piling debt
  • Comptroller: NY student loan debt hits $82B
  • New Report Outlines Higher Education’s $2.7 Billion ‘Debt Bomb’
  • Debt and Death Bind Chicago as Emanuel Seeks to Bolster Cops
  • China's first debt-to-equity swap plan approved
  • China Risks $375 Billion of Shadow Banking Losses, CLSA Says
  • Buyers keep faith in Chinese province seen as test of debt tolerance
  • Canadian household debt bigger than national output
  • ECB corporate bond buying hits record pace
  • Markets Have Become More Dependent on Central Banks, Says BIS
  • Calstrs to Miss 7.5% Return Goal for Third Straight Year
  • German savings banks expect 500 mln euro hit from negative ECB rates -sources

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Categories: Economics

Want National Security? Dismantle the War Machine

A military response to violence creates more violence. For real security, we need to stop climate change and work toward shared prosperity.
Categories: Economics

New Report Highlights Fast Growth of Participatory Budgeting

Shareable Magazine - September 20, 2016 - 07:57

Photo credit: Participatory Budgeting Project

In 2014, Shareable profiled 15 participatory budgeting (PB) projects that put financial decision making into the hands of communities. At the time, there were an estimated 1,500 PB programs around the world. In the two years since, PB has skyrocketed in popularity with an estimated 3,000 projects worldwide.

Categories: Economics

Daily Digest 9/20 - Bitcoin Is Money, China Facing Full-Blown Banking Crisis

Chris Martenson - September 20, 2016 - 05:42
  • Bitcoin is money, U.S. judge says in case tied to JPMorgan hack
  • China Facing Full-blown Banking Crisis, World’s Top Financial Watchdog Warns
  • That $100,000 Painting Bought to Flip Is Now Worth About $20,000
  • How I Rewired My Brain To Become Fluent In Math
  • General Motors pledges 100% renewable power for its facilities by 2050
  • Report: We Only Have Until 2035 to Get Rid of Gasoline Engines
  • U.S. Signals Backing for Self-Driving Cars
  • Can Solar-Powered Floating Art Save California From Drought?

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Categories: Economics

Q&A: EU Sharing Economy Opinion Author Benedetta Brighenti

Shareable Magazine - September 20, 2016 - 03:36

European Commission building, Brussels. (Andrew Gustar / Flickr)

Realizing that the sharing phenomenon is changing how citizens live, the European Union has begun to address the sharing economy's regulatory challenges at the multi-national level.

Categories: Economics

Advising My Laid-Off Mom About Freelance Work

The economy has changed from many single-track, steady careers into workers who thrive on one-off gigs and “projects.” But when you’re over 60 and overqualified, how do you find a job?
Categories: Economics

New Report on Inclusive Sharing Economy Falls Short

Shareable Magazine - September 19, 2016 - 16:36

This month, Business for Social Responsibility (BSR), a nonprofit membership organization that promotes social responsibility in business, released a report outlining how sharing economy companies can achieve, “a more meaningful uptake of collaborative marketplaces among lower-income and underserved populations.” The report recognizes the potential of the sharing economy to increase access to goods and services and help people earn and save money.

Categories: Economics

Off The Cuff: Boomers vs Millennials

Chris Martenson - September 19, 2016 - 10:38

In this week's Off The Cuff podcast, Chris and Becca Martenson discuss:

  • Boomers Have Everything To Lose
    • They cling to status quo to deliver promises made in the past
  • Millennials See Nothing To Gain
    • The future they're being asked to inherit appears bereft of value
  • Bridging The Generation Gap
    • How to replace strife with support
  • The Importance Of Mentoring
    • An age-old model need perhaps more now than ever

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Categories: Economics

Daily Digest 9/19 - The Economics Of Obamacare, Get Your Children Good and Dirty

Chris Martenson - September 19, 2016 - 06:55
  • New York Faces High Security as Authorities Search for Bombing Suspect
  • The Chaos of the Manhattan Explosion, Captured by Cameras
  • From the Obscure to the Everyday, These Objects Tell the Story
  • The Assets Of Trump And Their Mysterious Origins
  • The Vexing Economics of Obamacare
  • Can India Become An LNG Juggernaut?
  • Arctic sea ice coverage is at its 2nd lowest on record
  • Get Your Children Good and Dirty

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Categories: Economics

Michael Pento: The Coming Bond Bubble Collapse

Chris Martenson - September 18, 2016 - 10:42

In this week's podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy:

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Categories: Economics

Daily Digest 9/17 - A Dire Warning, Grand Ascension or Great Collapse?

Chris Martenson - September 17, 2016 - 09:43
  • A Dire Warning – ‘Someone Is Learning How to Take Down the Internet’
  • Grand Ascension or Great Collapse?
  • Stock & Bond Bubbles Much Worse Than 1929: David Stockman
  • Asset Protection: Surviving the Worst-Case Scenario
  • Right-to-Repair Activists are Heroes
  • Top German companies say refugees not ready for job market
  • A Sour Surprise for Public Pensions: Two Sets of Books
  • Colonial Pipeline Response: News Updates
  • Big Oil Flocks To Argentina As Permian Land Prices Skyrocket
  • In Miami, a Woman Is Fighting to Keep Her Treehouse a Home

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Categories: Economics

Daily Digest 9/16 - Good News Friday: How To Combat Sprawl, The Upside of Fixing Roads and Bridges

Chris Martenson - September 16, 2016 - 09:07
  • Heroic Bus Driver Saves 20 Children From A Burning School Bus
  • Don't Lowball the Upside of Fixing Roads and Bridges
  • In Pictures: Astronomy Photographer Of The Year
  • Can U.S. Cities Compensate for Curbing Sprawl by Growing Denser?
  • US renewables: Dropping in price, growing in significance
  • A Decades-Old Drug Technology Finally Nears Its Big Breakthrough
  • The Man Who Wants to Build a Village Out of Plastic Bottles
  • Making scientists live with farmers makes crop productivity boom

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Categories: Economics

The Importance Of Perseverance

Chris Martenson - September 16, 2016 - 06:16

There are literally thousands and thousands of books that have been written on how to amass wealth. Some excellent, some less so; and too many not worth the paper they're printed on. Each posits its own special strategy, promising a future of riches to the reader. Of course, were there a sure-fire recipe for making millions, it's a safe bet that the last thing the guy who figured it out would do is share it with the world.

But as mentioned, some of these books have real value. One whose lessons have stuck with me in the decades since I first read it is The Millionaire Next Door: The Surprising Secrets of America's Wealthy, first published in 1996 by two PhD researchers, Thomas Stanley and William Danko,

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Categories: Economics

"Pluralist Commonwealth" Film is Long on Optimism, Short on Strategy

Shareable Magazine - September 15, 2016 - 09:41

Democracy Collaborative co-founder and the Next System Project co-chair Gar Alperovitz recently released a new short film (and accompanying article in Yes!

Categories: Economics

Daily Digest 9/15 - Fed Plans for the Next Crisis, The Death Of The Bakken Has Begun

Chris Martenson - September 15, 2016 - 07:55
  • Almost a million Canadians couldn't handle a 1-point interest rate rise, TransUnion says 
  • Expect Higher Correlations And Volatility In This Fed Manipulated Market 
  • The Fed Plans for the Next Crisis
  • Credit card skimmers found at local gas pumps
  • Poll Shows Tight Race for Donald Trump and Hillary Clinton
  • Doctor Explains Why Hillary's 9/11 "Medical Episode" Is More Consistent With Parkinson's Than Pneumonia
  • The Burning Platform: Damned If You Do, Damned If You Don't
  • Quest project captures a million tonnes of CO2 in the oilsands: Shell
  • The Death Of The Bakken Field Has Begun: Means Big Trouble For The U.S.
  • Ag Banker Says Communication Will Help Farmers Survive
  • Humans have literally decimated Earth's wilderness, study finds
  • Warmer oceans bringing more severe tropical cyclones to land

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Categories: Economics

Daily Digest 9/14 - Yield Hunters Become The Hunted, National Debt Tops 600 Trillion

Chris Martenson - September 14, 2016 - 09:24
  • KPERS suffers low earnings in 2015, but bond issue buoys fund
  • Pension Hole Deepening in Europe Adds Pressure to Bruised Stocks
  • Libor’s Reaching Point of Pain for Companies With High Debt
  • How 'Zombie' Oil Companies Stay Alive in Life-or-Death Debt Markets
  • Soaring Student Debt Prompts Calls for Relief
  • 2016’s already a record year for country downgrades—watch out for more: Fitch
  • China's Infrastructure Planners are on a Road to Nowhere
  • Bridgewater's Dalio: There's a 'dangerous situation' in the debt market now
  • National debt tops W600 trillion
  • U.S. credit card balances may soon top $1 trillion
  • Low Yields Blow Holes in U.K. Corporate Pensions
  • Brazil's Leader Wants You to Invest in Tax Dodgers
  • Yield Hunters Become the Hunted as Japan Long Debt Loses 9%

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Categories: Economics

Daily Digest 9/14 - Yield Hunters Become The Hunted, National Debt Tops 600 Trillion

Chris Martenson - September 14, 2016 - 09:24
  • KPERS suffers low earnings in 2015, but bond issue buoys fund
  • Pension Hole Deepening in Europe Adds Pressure to Bruised Stocks
  • Libor’s Reaching Point of Pain for Companies With High Debt
  • How 'Zombie' Oil Companies Stay Alive in Life-or-Death Debt Markets
  • Soaring Student Debt Prompts Calls for Relief
  • 2016’s already a record year for country downgrades—watch out for more: Fitch
  • China's Infrastructure Planners are on a Road to Nowhere
  • Bridgewater's Dalio: There's a 'dangerous situation' in the debt market now
  • National debt tops W600 trillion
  • U.S. credit card balances may soon top $1 trillion
  • Low Yields Blow Holes in U.K. Corporate Pensions
  • Brazil's Leader Wants You to Invest in Tax Dodgers
  • Yield Hunters Become the Hunted as Japan Long Debt Loses 9%

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Categories: Economics

Three Ways to Co-Create a Vibrant Co-living Culture

Shareable Magazine - September 14, 2016 - 08:55

A co-living dinner. Photo credit: OpenDoor.

Categories: Economics

California Seed Sharing Bill Signed into Law

Shareable Magazine - September 14, 2016 - 07:57

Photo credit: Christian Joudrey (CC 0)

Seed sharing in California took a major step forward on Friday when Governor Jerry Brown signed into law the California Seed Exchange Democracy Act, an amendment to the California Seed Law. It’s the latest victory in a global movement to support and protect seed sharing and saving.

Categories: Economics