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Economics

Pay-As-You-Feel Cafe Feeds Thousands on Food Waste

Shareable Magazine - February 23, 2015 - 06:30

Adam Smith knows food. A trained chef who has worked in numerous restaurants, the 29-year old also knows firsthand how much perfectly good food is wasted. Smith hails from Leeds, England, but it was a year spent working on farms in Australia that inspired The Real Junk Food Project (TRJFP), which changed the direction of his life. A pay-as-you-feel cafe model, TRJFP intercepts food headed for the landfill and turns it into restaurant-quality meals.

Categories: Economics

Daily Digest 2/22 - Playing With Nuclear Fire At Fukushima, De-Dollarization In Russia

Chris Martenson - February 22, 2015 - 08:08
  • What ISIS Really Wants
  • Inflation Is Dead, Long Live Inflation
  • De-Dollarization: Russia Ratifies $100 Billion BRICS Bank
  • Fukushima: Playing With Nuclear Fire
  • A Deal That Preserves Greece’s Place in Eurozone, and Fiscal Restraints
  • Disclosures of Battle Plan by Pentagon Startle Many
  • NATO's Response to Putin's Odd War Games Won't Be Fast
  • Labor fight at West Coast ports comes to an end — for now

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Categories: Economics

A New Way to Hold Gold (2015 Update)

Chris Martenson - February 21, 2015 - 19:09

What if you could carry and exchange gold in the exact same manner as you do with the dollar bills in your wallet?

Last year, we introduced the precious metals community to a company called Valaurum, which has developed a technology that's making this possible.

This week, we check in to see what's new (spoiler alert: Lots), as well as announce the availability of the new 2015 Peak Prosperity aurum note.

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Categories: Economics

Daily Digest 2/21 - No Rest for the Working, South Awaits More Deadly Cold

Chris Martenson - February 21, 2015 - 08:17
  • Crispin Odey on debt, deflation and downturn predictions
  • A Spy Breaks His Silence: Imprisoned CIA Whistleblower Speaks Out
  • The Shockingly Simple, Surprisingly Cost-Effective Way to End Homelessness (jdargis)
  • In Service Sector, No Rest for the Working
  • Greek Debt Vastly Overstated, Investor Tells the World
  • As Oil Prices Tank, Firms Large And Small Feel The Pain
  • Rural Bankers Deepen Bearish Outlook on Farmland Values
  • Still Shivering From Deadly Cold, South Awaits More

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Categories: Economics

Scientists discover what’s killing the bees

Chris Martenson - February 20, 2015 - 17:10

A new study and data set that points to the causes of the recent massive die off of honey bees and CCD. Take notice and take action to protect these most important pollinators.

http://qz.com/107970/scientists-discover-whats-killing-the-bees-and-its-worse-than-you-thought/

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Categories: Economics

Students for Economic Pluralism, Unite! How College Kids Are Taking on the “High Priests” of Money

After years of work as a climate activist, Keith Harrington decided to get a degree in economics. Now, he’s working to transform the field.
Categories: Economics

ID and Prevent 6 Common Tomato Diseases

Chris Martenson - February 20, 2015 - 11:00

Learn to prevent these 6 common diseases from damaging your tomato plants this season and know how to ID the symptoms.

http://www.motherearthnews.com/organic-gardening/common-tomato-diseases-zm0z15fmzsto.aspx

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Categories: Economics

Daily Digest 2/20 - Limits To Growth Was Right, Facts and Economic Science

Chris Martenson - February 20, 2015 - 08:27
  • Limits to Growth was right. New research shows we're nearing collapse
  • Facts and Economic Science
  • Guardian Slams Telegraph Suggesting HSBC Coverage Was Biased Due To Owners' £250 MM Loan From Bank
  • Feds want you to bid on $11.7M worth of Ross Ulbricht’s bitcoins
  • Deadly CRE Germs Linked to Hard-to-Clean Medical Scopes
  • As Walmart Gives Raises, Other Employers May Have to Go Above Minimum Wage
  • Why The Stock Market Likes Cheap Oil
  • This Paper Keeps It Fresh

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Categories: Economics

Replace the Gospel of Money: An Interview With David Korten

What if we measured wealth in terms of life, and how well we serve it?
Categories: Economics

Daily Digest 2/19 - LNG Tankers Lie Unused Amidst Slowdown, Will Texas Survive The Downturn?

Chris Martenson - February 19, 2015 - 08:15
  • Who's Extorting Whom? It's All About Coercion
  • Why Oklahoma Lawmakers Voted to Ban AP U.S. History
  • Greece’s Request for Loan Extension Is Rejected by Germany
  • Italy Fears ISIS Invasion From Libya
  • Large student debt load limits young Americans' home-buying
  • Will Texas Survive The Downturn?
  • LNG Tankers Lie Unused Around Singapore as Gas Downturn Turns to Crisis
  • U.S. to Monitor Air Quality in India and Other Countries

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Categories: Economics

How Many More “Saves” Are Left in the Central Bank Bazookas?

Chris Martenson - February 18, 2015 - 18:45

The remarkable success of grandiose pronouncements, money-printing programs and serial expansions of credit raises a key question: how many more “saves” can the central bank bazookas fire that will have the desired effects of maintaining perceptions of central bank omnipotence and pushing global markets ever higher?

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Categories: Economics

What Will Happen Next For the US Dollar

Chris Martenson - February 18, 2015 - 18:44
Executive Summary
  • Why currency wars are heating up, and will get more intense from here
  • Why it's critical to understand the influence that Triffin's Paradox has on the situation
  • Why global crises will cause the dollar to strengthen further
  • What will happen next

If you have not yet read How Many More “Saves” Are Left in the Central Bank Bazookas? available free to all readers, please click here to read it first.

In Part 1, we reviewed the deterioration of the dominant narrative of the past six years—that central banks can move markets higher and generate growth more or less at will.  In shorthand: central bank omnipotence.

Three dynamics are undermining that narrative: diminishing returns on central bank monetary policies and public relations pronouncements; a collapse in oil prices that is destabilizing a key sector of the global economy, and the strengthening U.S. dollar, which is wreaking havoc on emerging-market currencies and economies.

If central banks really had such absolute control of the financial universe, would they let these three trends undermine their policies and power? The answer is clearly “no.”

There are a number of other factors undermining the “central banks are in control” narrative, but the field of battle where central banks are most likely to lose is foreign exchange (FX), for two fundamental reasons:

1.  The FX market dwarfs the central banks. The equivalent of the entire Federal Reserve balance sheet ($4.5 trillion) trades in the FX markets every few days.  Given the size of the market, central banks cannot manipulate the FX market via proxies or direct purchases for long. The only central-bank controlled factors that influence FX are interest rates paid on government bonds and money-printing. The first supports the currency, the second weakens it.

2.  The FX market is still an open market, influenced by government bond interest rates, trade deficits and surpluses, perceptions of risk and speculative bets. This mix is much more dynamic than the two levers controlled by central banks: setting interest rates targets and creating new money to buy bonds.

Let’s trace the primary dynamics of the FX market, which is currently being destabilized by the rising U.S. dollar...

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Categories: Economics

7 Tips for Seed Starting Success

Chris Martenson - February 18, 2015 - 14:17

Great tips for ensuring successful seed starting and making the most out of your spring plantings and garden.

http://homereadyhome.com/7-tips-for-seed-starting-success/

Also check out the article on setting up your DIY Indoor Seed Starting Station.

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Categories: Economics

Local Food With a Big Twist: Oregon Super-Cooperative Takes Aim at the Corporate Food System

This co-op south of Portland wants to strengthen the local food system by helping local farmers cooperate instead of compete with one another.
Categories: Economics

11 Tips for Running a Successful Food Waste Reduction Campaign

Shareable Magazine - February 18, 2015 - 08:24

An estimated 40 percent of food in the U.S. is wasted by either being thrown away or left to rot. Considering that 49 million Americans live in food insecure households, this is a sobering statistic. Food waste also exacts an incredible toll on the environment. Food waste in landfills creates methane, one of the most harmful greenhouse gases; it leads to the wasteful use of chemical pesticides and fertilizers; and it causes unnecessary energy and transportation impacts.

Categories: Economics

Daily Digest 2/18 - China Home Prices Fall, How Central Banks Have Lost Control Of The World

Chris Martenson - February 18, 2015 - 07:51
  • More stimulus expected as Japan exits recession
  • How low can they go? Central bank policy easing in 2015
  • Chinese home prices fall for ninth month
  • How central banks have lost control of the world
  • Emanuel Enlists Obama to Paint Himself as Mayor for All Chicago
  • Portugal’s public debt reaches 224.5 billion euros in 2014
  • Greek banks to run out of collateral in 14 weeks: JP Morgan
  • Aging water mains a $1-billion headache for DWP
  • Draghi QE Crusade Challenged by Hoarders Amassing Bonds
  • Spanish Bonds to Suffer as Podemos’s Iglesias Rises in Polls
  • Rajoy Faces Podemos-Style Insurgency Targeting Core Vote
  • Spain's 2014 public debt at 98.1% of GDP, exceeds estimates

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Categories: Economics

ethicalBay: The Coop Version of Amazon but for Ethical Goods

Shareable Magazine - February 18, 2015 - 07:03

Imagine an online marketplace, similar to Amazon or eBay, that only sold ethical goods. Now make that marketplace a multi-stakeholder cooperative that involves sellers, consumers and the team building and running the platform along with other stakeholders. That's the vision for ethicalBay.

Categories: Economics

Advanced Knots For The Beginners

Chris Martenson - February 17, 2015 - 17:45

Being able to tie a variety of knots may not be something that comes to mind when you are preparing to survive in the wilderness (or in an urban environment after an economic collapse) but knowing a few advanced knots can save your life. Knots are useful for building shelters, constructing traps, securing a fishing line, and climbing steep terrain. If you use the wrong knot for any of these situations, you may have to cut the knot when you can’t untie it, or have it slip out and come undone. Here are five advanced knots that amateurs can master – and they each have unique applications in survival situations.

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Categories: Economics

Our 'Truman Show' Markets

Chris Martenson - February 17, 2015 - 11:45

The financial “markets” of the US, Europe and Japan have become Truman Show creations. Markets is in quotes to denote the fact that they are more simulation than reality. In a world where the continuance of the programming depends on the virtual reality bubble being maintained, nothing is left to chance.

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Categories: Economics

Help Monarch Butterflies Thrive

Chris Martenson - February 17, 2015 - 10:19

This spring, help establish a food source in your garden for Monarch Butterflies by planting Milkweed.  As discussed in the Crash Course and the Accelerated Crash Course, Monarch Butterfly populations have been devastated in recent years by pesticide use and a lack of native food.  Take a look at this informative article about how to create Monarch friendly habitat and do your part to support this valuable species.

http://www.treehugger.com/endangered-species/butterfly-massacre-nearly-billion-monarch-butterflies-have-vanished-past-25-years.html

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Categories: Economics