User login


14 Genius Ways To Recycle Used Coffee Grounds

Chris Martenson - December 30, 2014 - 10:44

Here are 14 great ways to use spent coffee grounds in the garden and around the home.

Join the conversation »

Categories: Economics

Daily Digest 12/30 - A Greek Revival of Anxiety, Gold Report's Best Of 2014

Chris Martenson - December 30, 2014 - 07:33
  • A Greek Revival of Anxiety, Some Say Without Foundation
  • Court restricts city's ability to seize homes used by drug dealers
  • The Gold Report’s Best of 2014
  • Success of Kentucky’s Health Plan Comes With New Obstacles
  • Seeking to Ride on China’s Stock Market Highs
  • The Great Firewall keeps growing, as China blocks all Gmail access
  • Natural Gas Threatens U.S. Nuclear Future
  • Pope to push for action on climate change

Join the conversation »

Categories: Economics

Doug Parker: The Status Of The Drought In The U.S. West

Chris Martenson - December 29, 2014 - 14:25

2014 saw the extension of a historic drought across the US West. Croplands withered or were fully abandoned. Water rationing was enforced. Well tables dropped. The price of many vegetables and meats have skyrocketed.

So is an end to the drought in sight?

Join the conversation »

Categories: Economics

4 Things You Didn't Know about Civic Crowdfunding

Shareable Magazine - December 29, 2014 - 10:24

Article and image cross-posted from, written by Rodrigo Davies.


Please share with Shareable! Click here to support our coverage of the real sharing economy.

Categories: Economics

Daily Digest 12/29 - Profit From Crisis, The Perfect Crime In The Silver Market

Chris Martenson - December 29, 2014 - 09:01
  • Things To Do In 2015 When You’re Not Yet Dead
  • Profit from Crisis: Why capitalists do not want recovery, and what that means for America
  • Massachusetts SWAT teams claim they’re private corporations, immune from open records laws
  • The wonderful and terrifying implications of computers that can learn
  • Ted Butler: The Perfect Crime In The Silver Market
  • In North Dakota, a Tale of Oil, Corruption and Death
  • If Prices Keep Falling, OPEC Must Act To Restore ‘Fair’ Rate Of $70-$80
  • Ambri's long lasting and low cost electrical grid scale triple liquid batteries

Join the conversation »

Categories: Economics

Shareable’s Top 20 Stories of 2014

Shareable Magazine - December 29, 2014 - 07:35


Please share with Shareable! Click here to support our coverage of the real sharing economy.

Categories: Economics

Cuba is Using Cooperatives to Decentralize its Economy

Shareable Magazine - December 29, 2014 - 07:01


Please share with Shareable! Click here to support our coverage of the real sharing economy.

Categories: Economics

10 Ways Human Rights and Democracy Won in 2014 (Yeah, You Heard That Right)

Ferguson, Missouri. October, 2014. Photo by Sarah-Ji.

In 2014, we saw a lot of brutality. Unarmed black men and women were killed by police, women were raped on college campuses and in military barracks, foreign nationals were tortured, and young and mentally ill Americans were confined for extended periods in solitary confinement in U.S. prisons.

The privilege of whiteness is under review.

It was a violent year, but no worse than other years. What was different was the emergence of new movements of resistance—and with them new possibilities for change.

1. Black Lives Matter

It was no secret to black Americans that they were disproportionately targeted for police violence, arrests, and incarceration. Black men are 21 times as likely to be shot by police as white men, according to a report by ProPublica. And the Pew Center reports that black men are six times as likely to be imprisoned as white men.

It was the young black activists who took to the streets of Ferguson, Missouri, night after night who sparked a movement. And the African American women and men, and allies of all races, in cities and towns across the United States, who stood up, making the issue impossible to ignore.

This new civil rights movement, Black Lives Matter, has already resulted in an investigation by the U.S. Department of Justice Civil Rights Division, and calls for a truth and reconciliation commission. There is sure to be more in 2015.

2. White folks are re-evaluating privilege

Many believe that implicit bias contributes to police violence against African Americans and more punitive treatment by schools, courts, and prison officials. White folks across the country are doing some soul searching about the effects of bias against people of color, who will soon make up a majority of Americans. (Test your implicit biases here.) The controversial hashtag #CrimingWhileWhite showcased white people who confessed to breaking the law and getting away with it.

3. New alliances to protect the planet are succeeding, led by people of color

The willingness of white activists to support leadership by people of color is opening doors to some powerful new alliances. Native American tribes, building on their treaty rights, are blocking efforts to develop tar sands pipelines and new coal export facilities; non-Native allies are joining in. If built, the projects proposed for the Pacific Northwest would, together, bring to market fossil fuels with five times the carbon impact of the KXL pipeline. Most recently, after months of protests and lawsuits, residents of Vancouver, British Columbia, joined with the Tseil-Waututh and Squamish First Nations to block Kinder Morgan’s plans to build a tar sands pipeline through Burnaby Mountain.

"We are saying no to the destruction of Mother Earth."

"Everything we get out of the land and water is sacred," said Ruben George of the Tseil-waututh Nation during a September rally against the pipeline. "Today, we are blocking all directions of the Alberta pipelines—across Canada and the United States, we are saying no to the destruction of Mother Earth."

4. The climate march inspired millions

The massive climate march in New York City in September was also led by communities of color, who mobilized young, diverse activists by the thousands—along with progressive unions and environmentalists—creating one of the largest, most energized climate marches yet. The momentum of this march carried through to Peru, where international climate talks narrowly skirted collapse. The resulting agreements may have fallen short of the commitments needed, but at least they have kept talks alive. Leadership continues in state and local governments among grassroots activists and enlightened businesses.

5. Governor hears activists, bans fracking in New York

In December Governor Cuomo banned fracking in New York state, citing hazards to health, drinking water, and climate stability. In making his decision, the governor pointed to a report, compiled by the New York State Department of Health, which also noted the increase in seismic activity associated with fracking. The tenacious activism of communities most at risk helped the governor find the political courage to take this stand.

6. With the release of the Senate Intelligence Committee’s report on torture, and calls for a criminal investigation, democracy scores one over tyranny

Government transparency is one factor that separates democracies from tyrannies. The fact that Senator Diane Feinstein succeeded in getting the torture report released is an indication that at least some democratic accountability continues to function, in spite of the powers of the national security state.

The contents of the report, according to Senator Feinstein, are a "stain on our values and on our history.”

She said, “History will judge us by our commitment to a just society governed by law and the willingness to face an ugly truth and say 'never again.’”

The New York Times is now calling for a criminal investigation of those responsible, including former Vice President Dick Cheney.

Two institutions of democracy—the U.S. Senate and independent news media—have stepped up to have their say. In 2015, we'll see if democracy and accountability are further revived.

7. War on Terror blows back

Just 25 percent of Americans think we are winning the “war on terrorism,” the lowest number in 10 years

Of the 25 most important leaders of ISIS, 17 of them spent time at Iraq prison Camp Bucca or one of the other prisons run by the U.S., according to an article in The Guardian. "We could never have all got together like this in Baghdad, or anywhere else," one informant told the paper. “It would have been impossibly dangerous. Here, we were not only safe, but we were only a few hundred metres away from the entire al-Qaida leadership.”

ISIS has now become a powerful force in the region, making a so-called U.S. victory in Iraq even more elusive.

This is just one part of the blowback resulting from the decision in 2003 to invade Iraq and upend its government and entire society. We broke it, but we as outsiders cannot fix it.

The utter failure of the U.S.-led wars in Iraq and Afghanistan, the millions of lives lost and destroyed, and the billions of dollars spent have caused a fundamental rethinking of U.S. posture in the region. Just 25 percent of Americans think we are winning the “war on terrorism,” the lowest number in the 10 years since Rasmussen pollsters started asking; 69 percent oppose the United States acting as the world’s police.

We are well-positioned for a serious national dialogue about how to convert our war-dependent economy to one that meets human needs and preserves life on earth in an era of climate disruption.

8. Cuba recognized in battle against Ebola; U.S. normalizes relations

Cuba, in spite of its small size and relative poverty, has sent over 250 doctors to fight the Ebola outbreak in Sierra Leone, Guinea, and Liberia—a number that dwarfs that of much larger countries. For years, Cuba has been sending doctors to disaster areas around the world and to some of the poorest communities in Latin America and Africa. In a 2007 interview with YES! Magazine, Dr. Juan Ceballos, advisor to the Cuban Ministry of Health, revealed that doing this was a humanitarian effort but also a defense strategy. Instead of building a big military, which the small country could ill afford, medical diplomacy kept Cuba from being isolated and the target of aggression from the United States and its closest allies.

On December 17, President Obama announced the United States would be normalizing relationships with the small island nation, citing, among other reasons, Cuba’s contribution to the battle against Ebola: "I believe American and Cuban health care workers should work side by side to stop the spread of this deadly disease," President Obama said.

9. Opposition continues to secret trade talks

During his first presidential campaign, Obama was a vocal opponent of NAFTA and other race-to-the-bottom trade deals. But today, the Obama administration is pressing for the completion of the TransPacific Partnership (TPP): a trade deal more accurately described as a global constitution, as it pre-empts local, state, and national laws in favor of binding international agreements that benefit transnational corporations.

The good news for opponents of this deal is that, thus far, the Obama administration has failed to get Congress to grant “fast track” status, which would require an up-or-down vote by Congress, without modification. Leaders in both political parties support the deal, although members from both parties recently signed a letter opposing fast track; both parties also face substantial grassroots opposition. Many see the TPP as continuing policies like NAFTA that have undercut the middle class. Berkeley, California, is the latest city to declare itself a TPP-Free zone.

10. Rape culture: Women and people who love them are pushing back

Violence against women is nothing new. But headlines in 2014 highlighted the aggression women suffer in the military, on college campuses, on Native American reservations, in the online gaming world, and in intimate relationships with sports celebrities. This was also a year of resistance to that violence.

Thanks to a law passed by Congress in December, women in the military—one in three of whom are sexually assaulted—will have more say over how their cases are handled. In California’s public universities, students must receive "affirmative, conscious, and voluntary agreement to engage in sexual activity,” according to a law that went into effect this fall. Consent will no longer be defined as not objecting (or being too drunk to express an opinion.) Three tribes are using their new authorities under the Violence Against Women Act to prosecute those who assault Native women. Until the passage of the act, tribal authorities were prevented from prosecuting non-Native assailants.

#YesAllWomen became a conversation about sexual violence; #WhyIStayed explained why many stay in violent relationships.

Meanwhile, the online world has become a location for the harassment of women, but also a place where there is a renewed conversation about the impact of sexual violence. Labeled #Gamergate on Twitter, online harassment and threats directed at prominent women in the online gaming world created such an atmosphere of fear and intimidation that at least two women fled their homes when their addresses were revealed, and one woman canceled a speech when university officials were unable to guarantee her safety.

One Australian gamer addressed the problem by tweeting politely to the mothers of the harassers, who turned out to be mostly boys. The hashtag #StopGamerGate was launched in response to the harassment.

#YesAllWomen became a place for a conversation about widespread sexual violence, and #WhyIStayed explained why many stay in violent relationships.

The continuing controversy over a Rolling Stone article about an alleged gang rape on the campus of the University of Virginia is just one arena where the question of women’s safety and rights will continue into the new year.

What's next?

The politics of resentment have been used to whip up hate against women and people of color. It’s been an effective way to distract the American public from some very real resentment: like the fact that just a few at the top have been siphoning the power and money that enabled the American dream.

As we head into 2015, we face huge challenges to restore (and redefine) a middle-class way of life, to deal with the climate crisis and the blowback from war, and to reclaim our government from big corporations and Wall Street. We will only be able to take on these and other key issues if we fully and consciously include men and women of all races. That means, as a starting point, asserting everyone’s right to safe participation in the public spaces that make up our society.

The biggest hope for 2015 is that we will turn to each other, not on each other. By building a strong foundation of mutual respect, we can use our collective power to transform our society into one that works for everyone.

Sarah van Gelder wrote this article for YES! Magazine, a national, nonprofit media organization that fuses powerful ideas and practical actions. Sarah is co-founder and editor in chief of YES! Magazine.

Read more:

Categories: Economics

Daily Digest 12/28 - What’s Next for World Oil, How America Became An Economic Superpower

Chris Martenson - December 28, 2014 - 07:52
  • The Big Economic Unknowns of 2015, From Unemployment to Oil
  • As Syria’s Revolution Sputters, a Chaotic Stalemate
  • In Reversal, Germany Cools to Russian Investment
  • The Real Story of How America Became an Economic Superpower
  • What’s Next for World Oil as Lower Prices Extend Into ‘15
  • Race to Build on River Could Block Pacific Oil Route

Join the conversation »

Categories: Economics

Daily Digest 12/27 - Europe's Far Right And Putin Get Cozy, Honeybee Survival

Chris Martenson - December 27, 2014 - 07:56
  • Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives
  • Europe's Far Right And Putin Get Cozy, With Benefits For Both
  • Even Loyalty No Guarantee Against Putin
  • Chicago law schools see first-year enrollment shrink
  • Local law school first-year enrollment down 35 percent since recession
  • North Korea Accuses U.S. of Disruptions to Its Internet
  • Honeybees: Keep On Survivin'
  • Texas Police Hit Organic Farm With Massive SWAT Raid

Join the conversation »

Categories: Economics

Future Shock - Crash Course Chapter 25

Chris Martenson - December 26, 2014 - 19:24

Chapter 25 of the Crash Course is now publicly available and ready for watching below.

Here at the penultimate chapter of The Crash Course, everything we've learned comes together into a single narrow range of time we'll call the twenty-teens. 

What this chapter offers is a comprehensive view of how all of our problems are actually interrelated and need to be viewed as such, or solutions will continue to elude us.

Join the conversation »

Categories: Economics

Daily Digest 12/26 - The Double-Edged Sword Of Cheap Oil, Best and Worst Investments of 2014

Chris Martenson - December 26, 2014 - 07:49
  • Little College Guidance: 500 High School Students Per Counselor
  • Our brains are being “continuously reshaped” by smartphone use
  • Financial Fantasy Land Continues to Prevent Collapse: Bill Holter
  • Rise in Loans Linked to Cars Is Hurting Poor
  • The Best and Worst Investments of 2014
  • Egypt And The Double-Edged Sword Of Cheap Oil
  • What Pairs Well With a Finger Lakes White? Not Propane, Vintners Say
  • Ten Years Since the 2004 Indian Ocean Tsunami

Join the conversation »

Categories: Economics

An Opportunity To Live Resiliently

Chris Martenson - December 25, 2014 - 12:54

After watching the Crash Course, who among us hasn't felt insecure with where we live?

The idea of a sustainable community has a powerful allure. Imagine a resource-rich property mapped out with a plan for sustainable self-sufficiency, populated with a community of like-minded folks that already "get" the importance of cultivating resilience....  Sounds pretty good, right?

But what exactly is a "sustainable community" anyways? How do you find one? What's it like to live there? How do you know if it's all going to work out in the long run?


Join the conversation »

Categories: Economics

Daily Digest 12/25 - Tips For Holiday Charity Giving, The Bright Side Of Low Oil Prices

Chris Martenson - December 25, 2014 - 07:50
  • Tips For Giving This Holiday Season
  • Restored Forests Breathe Life Into Efforts Against Climate Change
  • Natural Gas Glut Isn’t Deterring Southwestern Energy
  • Gold Price 2015: Forecasts And Predictions
  • Korea calls on China for help following hack attempt on nuclear power company
  • Oil’s Swift Fall Raises Fortunes of U.S. Abroad
  • The Positive Side Of Low Oil Prices
  • The largest vessel the world has ever seen

Join the conversation »

Categories: Economics

Holiday Wishes

Chris Martenson - December 24, 2014 - 16:47

Happy holiday wishes from Peak Prosperity!

Thank you for the gifts of your participation in & support of this site. We're hard at work cobbling up a few new gifts of our own for you -- new content, new site features, and more. These 'presents' will start arriving in the next few weeks... 

Join the conversation »

Categories: Economics

Building a Fresnel Solar Cooker

Chris Martenson - December 24, 2014 - 13:23

An awesome tutorial on how to build a high powered solar cooker using a Fresnel Lens.  Time to find an old rear projection TV on Craiglist.

Join the conversation »

Categories: Economics

Daily Digest 12/24 - Greece’s Second Presidency Vote Fails, Brazil Growth Forecast Reduced

Chris Martenson - December 24, 2014 - 07:28
  • Russia May Be Cut to Junk as S&P Says It’s Considering Downgrade
  • Lagging pension fund may harm Texas credit rating
  • French public debt rises in third-quarter to 95.2 percent of GDP - INSEE
  • Russian companies’ $120 billion foreign debt payments to exert pressure on ruble in 2015
  • Oil companies seen cutting spending 25 pct in 2015 due to falling crude
  • Greece’s second presidency vote fails
  • Russia Lawmakers Rush to Restore Faith in Banks After Rescue
  • Brazil's central bank reduces 2014 growth forecast
  • Ruble Swap Shows China Challenging IMF as Emergency Lender

Join the conversation »

Categories: Economics

The Dangerous Economics of Shale Oil

Chris Martenson - December 23, 2014 - 11:31

For years, we've been warning here at that the economics of the US 'shale revolution' were suspect. Namely, that they've only been made possible by the new era of 'expensive' oil (an average oil price of between $80-$100 per barrel). We've argued that many players in the shale industry simply wouldn't be able to operate profitably at lower prices.

Well, with oil prices now suddenly sub-$60 per barrel, we're about to find out.

Join the conversation »

Categories: Economics

The Destruction That Awaits

Chris Martenson - December 23, 2014 - 11:31
Executive Summary
  • Predicting when US shale oil production will peak
  • Why these lower oil prices *must* result in substantially lower US shale production
  • How the 'shale miracle' indeed has numerous ponzi elements that are on the brink of collapsing
  • Expect a tsunami of shale bankruptcies to arrive soon

If you have not yet read Part 1:The Dangerous Economics of Shale Oil available free to all readers, please click here to read it first.

Production Workflow, Timelines, National Projections

Now let's zoom out, from one company in the Bakken to the whole Bakken region, which is probably the best shale region in the US. My key source of information about the current trends in the Bakken region is the Department of Mineral Resources in North Dakota, website here: Every month the Director (Lynn Helms) produces the “Director's Cut”, a just-the-facts summary of oil production in North Dakota. Yes, it really is called the Director's Cut.

So now that we have an idea of when wells are profitable, we can use the Director's Cut stats to track all the stages of producing oil, to see how the region reacts to the change in oil prices. We have, in order of workflow:

  • drilling permits

  • rig counts

  • wells awaiting completion

  • well counts

  • monthly production

The spreadsheet segment below shows each element from the Director's cut. We can see permits, rig counts, wells awaiting completion, total well counts, and total production. From these numbers we can calculate some other interesting details.

But first, look at the production month-over-month change. It went negative in October. That's because...

Join the conversation »

Categories: Economics

10 Self-Sufficiency Skills That Will Save You a Bundle

Chris Martenson - December 23, 2014 - 08:39

10 things that you can do to build more resilience and self-sufficiency into your life and help save resources to keep your efforts sustained and going.

Join the conversation »

Categories: Economics