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Daily Digest 6/22 - Global Oil Investment Gap Widens, Australians In Record Credit Card Debt

Chris Martenson - June 22, 2016 - 07:40
  • El-Erian: Cash is a ‘valuable thing’ to be holding right now
  • China's onshore defaults could spill over to offshore bonds-S&P
  • BOJ April minutes show risks to economy, price growth persist
  • Global oil investment gap widens by $1 trillion: Wood Mackenzie
  • Soros Warns Brexit May Cause Pound Plunge Worse Than Black Wednesday
  • Credit card limits hit record high in Australia, leaving $51.7 billion debt
  • George Osborne's shame as Britain's debt tops £1.6TRILLION amid borrowing spiral
  • Venezuela 2016 Default Likely, PDVSA May Go First, Moody’s Says
  • Oi Files for Brazil Record $19 Billion Bankruptcy Protection
  • Soros, Gross, Druckenmiller, Singer, Icahn: Big-name investors turning bearish
  • Negative interest rates are a 'seeping poison' for the world's most important financial institutions
  • Temer Gives Brazil States Billions of Relief on Debt Payment
  • Pound pressured as Brexit poll shows 'remain' lead shrinking

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Categories: Economics

Inside the Little Free Pantry: a Q&A with its Creator

Shareable Magazine - June 22, 2016 - 07:28

Earlier this month, Shareable posted a short article about the Little Free Pantry in Fayetteville, Arkansas. Created by Jessica McClard, the Pantry is an easy way for people to share surplus food and household goods, and access items they may need.

Categories: Economics

What Would You Like to See on Shareable? Take Our Reader Survey

Shareable Magazine - June 22, 2016 - 07:00
Dear readers,   We recently kicked off a strategic planning process to develop a roadmap for our organization in the next three years. During this process, we will be evaluating our work, researching current and projected trends in our field, and determining how our organization can be most effective.  
Categories: Economics

Notes from a Gathering of Global Occupy Activists

Shareable Magazine - June 22, 2016 - 06:56

At a recent week-long D-Cent hackathon and conference at Medialab-Prado in Madrid, a group of occupiers from the Tunisian revolution of 2010, the Spanish 15M movement, the New Zealand Occupy movement of 2011, the 2014 Sunflower Movement in Taiwan, and the French horizontal protest movement Nuit Debout, met for an informal discussion.

Categories: Economics

Still #FeeltheBern? You’re Not Alone

Meet six people from the recent People’s Summit in Chicago coming to terms with supporting the senator’s ideas, rather than his campaign for president.
Categories: Economics

How Bernie Sanders’ Revolution Can Win, Even Without Him

With a mix of anger and excitement, Bernie Sanders supporters shift focus away from the presidency and search for ways to sustain the political revolution sparked by his campaign.
Categories: Economics

Off the Cuff: Things Are Toppy

Chris Martenson - June 21, 2016 - 19:34

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

Locking the Web Open with Decentralizing Tech and Platform Co-ops

Shareable Magazine - June 21, 2016 - 10:17

Since the first browser was created by Sir Tim Berners-Lee over 25 years ago, the World Wide Web has grown to become a massive ecosystem of information that has democratized access to knowledge and culture on the Internet. But today, the Web is under threat.

Categories: Economics

Daily Digest 6/21 - The Great British Trade-Off, Why Young Americans Are Giving Up on Capitalism

Chris Martenson - June 21, 2016 - 08:31
  • Senate rejects series of gun measures
  • The Great British Trade-Off
  • Home Is Where The Fraud Is
  • Why Young Americans Are Giving Up on Capitalism
  • The Gold to Silver Ratio is Bullish for Both Gold and Silver
  • 10 years after housing peaked, US is more of a renter nation
  • Peak Oil Consumption Dead Ahead But Price is Anybody's Guess
  • How The Brexit Vote Will Impact Oil Prices

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Categories: Economics

14 Open Source Photography Tools

Shareable Magazine - June 21, 2016 - 07:40

In a recent article for, JT Pennington shares his favorite open source tools for photography enthusiasts. He points out that, while most people “scoff at the idea of a professional workflow on anything other than Windows or Mac,” that there are plenty of open source software options out there.

Categories: Economics

Council of the European Union Calls for Open Access to Scientific Research by 2020

Shareable Magazine - June 21, 2016 - 07:00

The argument that publicly-funded research should be made available to the public recently received a shot on the arm when the Competitiveness Council of the European Union reinforced its commitment to making all scientific articles and data openly accessible and reusable by 2020.

Categories: Economics

Female Migrant Farmworkers Push Back Against Machismo and Abuse in California’s Wine Country

In Sonoma County, women are coming together to support one another and advocate for the safety of undocumented fieldworkers who often work in isolation.
Categories: Economics

YES! Wins 4 Excellence in Journalism Awards

From a First Nation’s fight against Big Oil to Seattle’s school to prison pipeline, YES! Magazine coverage was honored in this year’s SPJ NW Excellence in Journalism Contest.
Categories: Economics

Trama: Netweaving and Collaboration in Rio de Janeiro

Shareable Magazine - June 20, 2016 - 07:57

In late 2014 a design project at PUC-Rio university led five students to the street in Rio de Janeiro to restore an idle square by opening it for people collaboration and creativity. They received a high grade for the event and it was the starting point of Trama, an open collective that acts as a catalyst for collaborative initiatives in the city of Rio de Janeiro, Brazil.

Categories: Economics

Daily Digest 6/20 - Rare 'Strawberry Moon' Tonight, The Ugly Underbelly Of Oil Shipping

Chris Martenson - June 20, 2016 - 07:09
  • E.U. Countries Warn Britain on ‘Brexit’: You’ll Pay if You Leave Us
  • Will The UK Write History Towards Freedom?
  • The Case For Free Money
  • Senate to vote on gun bills which are unlikely to pass
  • Will Gold’s Bullish Price Chart Outperform Gold’s 5 Bearish Indicators?
  • How the Lowly Mosquito Helped America Win Independence
  • Slavery At Sea: The Ugly Underbelly Of Oil Shipping
  • This Year’s Summer Solstice Comes With a Rare Strawberry Moon

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Categories: Economics

Daily Digest 6/19 - The World Nears Peak Fossil Fuels for Electricity, The 21st Century Farm

Chris Martenson - June 19, 2016 - 10:01
  • Venezuelans Ransack Stores as Hunger Grips the Nation
  • Teen hacks Pentagon websites, gets thanked for finding 'bugs'
  • Obama’s most unusual legacy? Being a good dad
  • The World Nears Peak Fossil Fuels for Electricity
  • Why This Time is Completely, Utterly, Totally Different...Like the Difference between a Hurricane and an Ice Age
  • It’s the first new U.S. nuclear reactor in decades. And climate change has made that a very big deal.
  • How Climate Change Unleashed Humans Upon South America’s Megabeasts
  • Self-driving tractors and data science: we visit a modern farm

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Categories: Economics

Dmitry Orlov: The US Is Sleepwalking Towards A Nuclear Confrontation

Chris Martenson - June 19, 2016 - 08:52

Following his cautionary analysis on the increasing tension between the US/NATO and Russia, Chris interview Dmitry Orlov this week about the potential likelihood for actual direct conflict to break out between the world powers.

Orlov was born and raised in Leningrad in the former Soviet Union and immigrated to the United States in the mid 70s, He has spent the past several decades traveling back and forth between the two countries, writing about the collapse of the Soviet Union and the many similarities he sees between that and the secular decline happening in the West. Orlov recently co-authored a stark warning with a number of other experts on Russia, concerned that the US is recklessly provoking a military confrontation it cannot win.

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Categories: Economics

Daily Digest 6/18 - The Workforce That Won't Retire, Probiotics On The Brain

Chris Martenson - June 18, 2016 - 07:36
  • First Brexit Poll After Jo Cox Death Reveals Stunning Result
  • Britain Asks if Tone of ‘Brexit’ Campaign Made Violence Inevitable
  • Renting Rooms to Travelers Can Be a Source of Income Later in Life
  • Belgium arrests 12 in counter-terrorism raids
  • ‘Flash Boys’ pass: IEX exchange approved by SEC
  • Probiotics on the brain: One gut microbe reverses autism-like symptoms in mice
  • The Workforce That Won't Retire
  • Why Billions in Proven Shale Oil Reserves Suddenly Became Unproven

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Categories: Economics

Tensions Between US/NATO & Russia Are Flaring Dangerously

Chris Martenson - June 17, 2016 - 14:16

As if there weren’t enough crises to worry about in the world already, from shooting rampages to accelerating species loss, the US and NATO continue to ‘poke the bear’ and risk an outbreak of war with Russia.

I wish this were idle speculation. But if you haven’t been paying close attention, you'll probably be shocked at just how much direct military and diplomatic provocation has been going on between NATO/US and Russia over the past several years -- and in recent weeks, in particular.

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Categories: Economics

How To Prepare For War

Chris Martenson - June 17, 2016 - 14:16
Executive Summary
  • How to Prepare for:
    • Trade War
    • Energy War
    • Financial War
    • Cyberwar
    • Grid-down attack
    • Conventional Shooting War
    • Nuclear War

If you have not yet read Part 1: Tensions Between US/NATO & Russia Are Flaring Dangerously available free to all readers, please click here to read it first.

As a preamble, I need to note that I do not enjoy or derive any satisfaction from writing about or spending time on figuring out how to dodge the worst impacts of human behavior.  War sits right at the top of my ‘this is stupid’ list.  War should be the very last resort after all other diplomatic efforts have failed.  I am sorry that I have to spend time writing this report, and I am sorry that you have to spend time considering it.

As (sadly) expected, things have only escalated over the past several years, not deescalated.  The West has a serious bone to pick with Russia and nobody can rationally explain what or why that might be. I happen to think this is all about bruised neocon egos over Syria, while others think this is just military industrial business being waged in typical fashion.  But it really doesn’t matter what the explanation is; at this point we have to accept that things are at a dangerous point and do our best to respond appropriately.

The consequences of a war between Russia and the US/NATO could range from a very minor skirmish fought over some relatively meaningless items of trade, to an attack on financial markets, all the way to an all-out nuclear exchange.

The question becomes, what, if anything, can we do to prepare?

Lots as it turns out.

No matter where you live, even if you are close to Ukraine and face the prospect of being near a front line that might develop in the future, there is lots that you can and should do.  Luckily, most of the preparations are similar to those you should be undertaking anyways, war worries or not, so they won’t cost you anything extra in terms of time or money.

What you end up doing depends on which sort of war you consider most likely, where you happen to live, and your means.  So let’s consider the range of possibilities here...

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Categories: Economics