User login

Economics

Daily Digest 2/17 - The Butlerian Carnival, Living A Zero Waste Life

Chris Martenson - February 17, 2015 - 07:43
  • Russia shrugs off US envoy’s ‘evidence’ of Russian troops in Ukraine
  • The Butlerian Carnival
  • Ted Butler: A remarkable proposition
  • Inequality Has Actually Not Risen Since the Financial Crisis
  • State of emergency declared in West Virginia after train derails, explodes
  • Oil Price Crash – What Next?
  • The Holdouts
  • This NYC Girl Lives A Zero Waste Life. And It Is Simply Incredible

Join the conversation »

Categories: Economics

New Documentary a Call to Action for More Worker Coops

Shareable Magazine - February 17, 2015 - 07:26

During the 2008 financial meltdown, it became clear that we need new ways of making a living. Since then, worker cooperatives have re-emerged as a viable alternative to traditional businesses. A new short film, Own the Change: Building Economic Democracy One Worker Co-op at a Time, gives an overview of what a worker coop is, how they transform communities, and the realities of starting one.

Categories: Economics

Interviewed: Professor Christian Iaione on the City as Commons

Shareable Magazine - February 17, 2015 - 06:40

A commons-based economy cannot thrive without appropriate institutions, especially those that represent a "partner state" approach. Professor Christian Iaione of LUISS University in Rome is a pioneer of such institutional innovation in Italian cities. I believe his work with the city of Bologna on Bologna's Regulation for the Care and Regeneration of Urban Commons is a breakthrough.

Categories: Economics

Getting Started with Cast Iron Cooking

Chris Martenson - February 16, 2015 - 17:50

If you have always wanted to take the dive into cooking with cast iron, here is an opportunity to get a complete and functional set of pans and a dutch oven from Lodge at a great price.  Cast iron is a daily use cookware in my own kitchen and every home should have a set - it lasts forever!   (hat tip to SHTF DAD for the link)

Lodge 5-Piece Pre-Seasoned Cast-Iron Cookware Set

Join the conversation »

Categories: Economics

Regrow a Garden from Food Waste

Chris Martenson - February 16, 2015 - 09:01

A fun video to show you how to turn certain veggies scraps and waste parts into a vibrant garden that re-grows itself.

http://www.thegoodsurvivalist.com/food-that-magically-regrows-itself-turn-table-scraps-into-a-vegetable-garden-green-thumb-not-required/2/

Join the conversation »

Categories: Economics

Daily Digest 2/16 - Japan’s Economy Expands Less Than Expected, Anti-Fossil Fuel Movement Grows

Chris Martenson - February 16, 2015 - 08:15
  • Japan’s Economy Expands, but Less Than Expected
  • Guess who’s not coming to dinner: Obama cyber push rankles tech giants
  • The real reason why the U.S. is falling behind in math
  • The FAA’s new drone rules are four years late and still don’t make sense
  • As Oil Prices Slip, North Dakota Struggles to Get a Firm Grip on Its Budget
  • Siemens Sticking With Energy Push Heralds Subsea Deals: Real M&A
  • Anti-Fossil Fuel Movement Grows
  • Oil Is Cratering. American Oil Production Isn't.

Join the conversation »

Categories: Economics

David Stockman: The Global Economy Has Entered The Crack-Up Phase

Chris Martenson - February 15, 2015 - 11:42

Few people understand the global economy and its (mis)management better than David Stockman -- former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier.

David is now loudly warning that events have entered the crack-up phase, which he predicts will be defined by the following 4 developments:

Join the conversation »

Categories: Economics

Daily Digest 2/15 - U.S. 49th in World Freedom Index, CA's Endless Water Wars

Chris Martenson - February 15, 2015 - 09:36
  • U.S. Sinks to 49th in World Press Freedom Index
  • FAA Opens Skies to Drones in First U.S. Unmanned Flight Regulation
  • A Grand Compromise: Supporting School Choice Without Savaging Poor Kids
  • Americans only figured out free speech 50 years ago. Here’s how the world can follow our lead.
  • Keeping up? It's increasingly difficult for the Joneses
  • Libya Warns of Oil Shutdown as Attacks Escalate
  • Threatened Smelt Touches Off Battles in California’s Endless Water Wars
  • Spy agencies fund climate research in hunt for weather weapon, scientist fears

Join the conversation »

Categories: Economics

Daily Digest 2/14 - New Market Highs, Is There a Middle Ground Between Renting a House and Buying?

Chris Martenson - February 14, 2015 - 07:28
  • Greece Locked in Creditor Talks in Search for Compromise
  • King World News: David A. Stockman Interview
  • Gold Daily And Silver Weekly Charts - New All Time Highs - We're Flying!
  • Rattraders: Intelligent Trading Solutions
  • Obama's Force Authorization is a Blank Check for War Worldwide
  • U.S. West Coast ports closed to cargo vessels again for weekend
  • Multicolored Snow in Russia? No Worries, Officials Say
  • Is There a Middle Ground Between Renting a House and Buying One?
  • How a method used to wipe out smallpox is making a comeback in the fight against Ebola
  • What Is The State Of Islamic Extremism?

Join the conversation »

Categories: Economics

We Live In An Era Of Dangerous Imbalances

Chris Martenson - February 13, 2015 - 17:19

The intervention by the world's central banks has resulted in today's bizarro financial markets, where "bad news is good" because it may lead to more (sorry, moar) thin-air stimulus to goose asset prices even higher.

The result is a world addicted to debt and the phony stimulus now essential to sustaining it. In the process, a tremendous wealth gap has been created, one still expanding at an exponential rate.

Join the conversation »

Categories: Economics

Daily Digest 2/13 - Weather Patterns To Watch, Russia’s Complicated Relationship With OPEC

Chris Martenson - February 13, 2015 - 08:39
  • Ukraine gets new $40 billion lifeline
  • Man Who Predicted Collapse Of Euro Against Swiss Franc Warns Current Global Financial System Will Cease To Exist
  • Will China's Currency Peg Be the Next to Fall?
  • The Imprisoner's Dilemma
  • Russia’s Complicated Relationship With OPEC
  • Elon Musk says Tesla will unveil a new kind of battery to power your home
  • The "Catastrophic Shutdown Of America's Supply Chain" Begins: Stunning Photos Of West Coast Port Congestion
  • 4 Weather Patterns To Watch
  • The U.S. is on track for a record-breaking megadrought

Join the conversation »

Categories: Economics

Off The Cuff: Shades Of World War One

Chris Martenson - February 12, 2015 - 14:35

In this week's Off the Cuff podcast, Chris and Charles Hugh Smith discuss:

  • The Seeds Of World War 3
    • Where our path in Ukraine, Syria, Afghanistan, Libya, Iraq may lead
  • Financial Conquest
    • A more bloodless form of war being waged round the world today
  • A Crisis Is Unavoidable At This Point
    • We're too far down the path of 'extend & pretend' to avoid consequences
  • Lack Of Leadership
    • Our system seems too broken to produce anymore courageous leaders

Join the conversation »

Categories: Economics

Daily Digest 2/12 - UK Heading For Deflation, Tesla Posts Losses In Q4

Chris Martenson - February 12, 2015 - 08:10
  • Financial Markets: Pinocchio’s Enchanted Island
  • UK heading for deflation says Bank of England
  • Attention college students: You may have earned a degree without knowing it
  • AP Exclusive: 20,000 foreign fighters flock to Syria, Iraq
  • Tesla’s Q4 results show lots of cars and lots of losses
  • Oil Searching For A Bottom As Union Threatens More Walkouts 
  • U.S. Farm Income Set to Drop 22 Percent
  • Biomass plus carbon capture yields negative-emission energy

Join the conversation »

Categories: Economics

The US' Suicidal Strategy On Ukraine

Chris Martenson - February 11, 2015 - 22:27

Ukraine is back in the news cycle and for good reason. The cease-fire has broken, fighting is intensifying, and the western-supported and installed leadership in Kiev is losing the campaign.  At this point, the West's choice is to either double down and bet even more on a badly failing set of policies, or admit it has lost this round and seek to deescalate the situation.

Meanwhile, Europe has finally woken up to the risks and seems to be ready to carve out a different path than the US. 

Join the conversation »

Categories: Economics

America Vs Russia: What's At Risk

Chris Martenson - February 11, 2015 - 22:26
Executive Summary
  • Ukraine's economic free fall
  • The real risk of Ukraine igniting the next world war
  • Why a lasting peace is unlikely
  • What you should do in preparation of escalating conflict between Russia and the West

If you have not yet read Part 1: The US' Suicidal Strategy On Ukraine, available free to all readers, please click here to read it first.

What's At Risk

Now we come to the hard part of this report, the part where we have to discuss what might happen next.  My analogy for this period of history is the year(s) before WW I.  Historians still cannot quite say what led up to the immense human disaster that we now call World War I, but enough failed diplomacy, bugled treaties, inept leadership, and inflexible political institutions were all grating against one another that a single assassination of a single archduke was a sufficient spark to set the whole pile ablaze.

Were those other failures not all stacked up like so much try tinder, a dozen archdukes could have been shot without anything more serious than a dozen solemn state funerals would have resulted. 

Similarly, today we have a conflict in Ukraine which nobody can exactly say what the US's compelling interests are with Ukraine because nobody really knows.  It's more a matter of principle, with that principle being the US gets to do what it wants, when it wants, and nobody is supposed to challenge that.

Putin said as much on Feb 7, 2015:

“There clearly is an attempt to restrain our development with different means,” he told trade union activists. “There is an attempt to perturb the existing world order... with one incontestable leader [Obama] who wants to remain as such thinking he is allowed everything while others are only allowed what he allows and only in his interests. This world order will never suit Russia.”

(Source)

Clearly Russia is no pushover country and has no interest in having dangerous coups and rising ultra-nationalism on its borders go unchecked, and this is why we are in such dangerous territory.  The US has not been up against a legitimate foe for such a long time, it may be like the school yard bully that fails to properly evaluate the new kids at school before picking a fight.

Russia is making its position known to the world.  It has been...

Join the conversation »

Categories: Economics

Seed Libraries Fight for the Right to Share

Shareable Magazine - February 11, 2015 - 18:26

Amid government crackdown, seed libraries expand biodiversity and food access. Photo: Betsy Goodman of the Common Soil Seed Library. Credit: Associated Press

It’s easy to take seeds for granted. Tiny dry pods hidden in packets and sacks, they make a brief appearance as gardeners and farmers collect them for future planting then later drop them into soil. They are not “what’s for dinner,” yet without them there would be no dinner. Seeds are the forgotten heroes of food—and of life itself.

Categories: Economics

The Survival Cube - Special Discount

Chris Martenson - February 11, 2015 - 12:32
The Survival Cube - 5% Special Discount for PeakProsperity.com Readers

We are pleased to announce that PrepareDirect is offering PeakProsperity.com readers a special discount of 5% off the newly developed Survival Cube

Click here to take advantage of this offer; use Coupon Code: PEAKCUBE, exclusive to PeakProsperity.com readers. Click here for this offer.

Join the conversation »

Categories: Economics

How to Clean A Wood Stove

Chris Martenson - February 11, 2015 - 11:35

A wonderful tutorial on the steps and process of cleaning and maintaining a woodstore for safe operation.

http://americanpreppersnetwork.com/2015/02/clean-wood-stove.html

Join the conversation »

Categories: Economics

Daily Digest 2/11 - G-20 Leaders Back Aggressive Stimulus, Venezuela Credit Rating Cut

Chris Martenson - February 11, 2015 - 07:37
  • U.S. pensions remain on shaky ground, jeopardizing benefits for retirees
  • S&P slashes Venezuela credit rating on oil rout
  • Budget will never get back to surplus, says Joe Hockey
  • Greek investors buying more gold coins from Britain's Royal Mint
  • Africa Hardest Hit as Miners Trim $20 Billion Spending This Year
  • Japan foresees revenue shortfall in surplus target year 2021
  • Argentina Traders Ignore Default Stalemate as Bonds Rally
  • Puerto Rico yields at record high as setbacks mount
  • UK pension deficit hits record high $560 billion in January
  • China injects $7.2 billion in added funds
  • Junk-Rated Companies Face $791 Billion in Debt Due by 2019
  • U.S. Farmers Watch $100 Billion-a-Year Profit Fade Away
  • G-20 Leaders Back Aggressive Stimulus
  • Number Of Red Light Camera Tickets Issued At Millbrae Intersection Jumps From 40 Per Month To 600
  • US bill would tax ‘currency manipulators’

Join the conversation »

Categories: Economics

Why Do We Share? Researchers Probe Motivation in P2P Systems

Shareable Magazine - February 11, 2015 - 06:22

In a just published study, researchers investigated the motivations driving users to peer-to-peer services like timebanks. (10,000 People Blog)

Categories: Economics