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

Chris Martenson - February 12, 2015 - 09:10
  • 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

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Categories: Economics

The US' Suicidal Strategy On Ukraine

Chris Martenson - February 11, 2015 - 23:27

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. 

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Categories: Economics

America Vs Russia: What's At Risk

Chris Martenson - February 11, 2015 - 23:26
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...

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Categories: Economics

Seed Libraries Fight for the Right to Share

Shareable Magazine - February 11, 2015 - 19:26

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 - 13:32
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.

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Categories: Economics

How to Clean A Wood Stove

Chris Martenson - February 11, 2015 - 12:35

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

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Categories: Economics

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

Chris Martenson - February 11, 2015 - 08:37
  • 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’

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Categories: Economics

Why Do We Share? Researchers Probe Motivation in P2P Systems

Shareable Magazine - February 11, 2015 - 07:22

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

Categories: Economics

What Does It Take to Start a Worker Co-Op? A Practical Video Guide to Democratizing Our Economy

A new film asks whether practicing workplace democracy would be easier if our media gave us as many visions of collaboration as they do of competition?
Categories: Economics

Cookstoves and the Prepared Lifestyle

Chris Martenson - February 10, 2015 - 14:42

A fun article on the ins and outs of cooking your food with a wood cookstove. 

http://www.theprepperjournal.com/2015/01/27/cookstoves-prepared-lifestyle/

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Categories: Economics

Daily Digest 2/10 - Inefficiencies Abound In U.S. Shale, Samsung May Be Eavesdropping On You

Chris Martenson - February 10, 2015 - 08:55
  • Apple and Microsoft: $300 billion in cash just isn't enough
  • The Companies Bob Moriarty Loves for the Long Term
  • 4 Maps Crucial to Understanding Europe's Population Shift
  • Shhh, Not in Front of the TV! Samsung May Be Eavesdropping on You
  • Inefficiencies Abound In U.S. Shale
  • Turning Carbon Dioxide Into Rock, and Burying It
  • Beyond a Blind Date with Science
  • Scorched earth, 2200AD

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Categories: Economics

Share Vienna: Growing the Collaborative Economy in Austria's Capital

Shareable Magazine - February 10, 2015 - 08:02

Slowly but steadily, Vienna's collaborative economy is growing. Photo: Vienna Shares

In Austria’s capital city, proponents of the collaborative economy face several obstacles to widespread adoption. These include low awareness of alternative markets and sharing resources; media skepticism; and the municipal government’s focus on the "smart city" model.

Categories: Economics

The Peak Prosperity Annual Weekend Seminar: Apr 24-26

Chris Martenson - February 9, 2015 - 20:20

We're only offering one live seminar in 2014 and it's coming up.  If you haven't attended one before, you really should and this is your chance.  Here's why.

Over the years we've carefully shifted the seminar to match the times and assure that attendees get what they need to be as prepared as they can be heading into the future.

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Categories: Economics

The Peak Prosperity Annual Weekend Seminar: Apr 24-25

Chris Martenson - February 9, 2015 - 20:20

We're only offering one live seminar in 2014 and it's coming up.  If you haven't attended one before, you really should and this is your chance.  Here's why.

Over the years we've carefully shifted the seminar to match the times and assure that attendees get what they need to be as prepared as they can be heading into the future.

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Categories: Economics

3 Essentials for Building Your Own Dental Med Kit

Chris Martenson - February 9, 2015 - 15:32

An informative article on 3 items to consider for your emergency dental care kit and what to keep on hand when a dentist is not immediately available.

http://www.outdoorlife.com/blogs/survivalist/survival-skills-3-essentials-building-your-own-dental-med-kit

Also consider the following book for your resource library: Where There Is No Dentist

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Categories: Economics

How to Organize a Seed Swap

Chris Martenson - February 9, 2015 - 10:47

Learn the steps necessary to organize and host a successful seed exchange / swap. Connect with other gardeners and community members who are passionate about building resilience and making things grow.

http://www.urbanfarmonline.com/sustainable-living/urban-community-building/how-to-organize-a-seed-swap.aspx

Also check out Seed to Seed: Seed Saving and Growing Techniques for Vegetable Gardeners as a wonderful resource to get you started on harvesting and saving your own seeds for your next exchange.

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Categories: Economics

How to Save the Middle Class When Jobs Don’t Pay Enough

Shareable Magazine - February 9, 2015 - 09:15

Photo credit: DonkeyHotey / Foter / CC BY. Article cross-posted from On the Commons. Written by Peter Barnes.

Categories: Economics

Vermonters Lobby for Public Bank—And Win Millions for Local Investment

Shareable Magazine - February 9, 2015 - 09:00

Rainbow over Brattleboro, Vermont. Photo credit: Professor Bop / Foter / CC BY-NC-ND. Article cross-posted from Yes! Magazine. Written by Alexis Goldstein.

Categories: Economics

Growing Bamboo

Chris Martenson - February 9, 2015 - 08:49

Bamboo is actually a member of the grass family. There are over 1000 types of bamboo worldwide. Some grow as tall as 100 feet, and others only a few inches. Many do well in the tropics, but some can handle cooler weather. Colors and thickness of canes abound. Some grow in clumps, while others grow with their rhizomes extending out taking up more and more real estate.

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Categories: Economics

New North Carolina Coop to Turn a Food Desert into a Food Oasis

Shareable Magazine - February 9, 2015 - 08:47

In 1998, when the Winn-Dixie grocery store in Northeast Greensboro, North Carolina closed, it created a food desert—a community without easy access to food. For years, area residents tried to get another grocery chain to come in, but none wanted to come to the predominantly African-American, low-income town.

The community finally came up with a solution—one that didn't rely on an outside company to come in. They put into motion a plan to open a food cooperative.

Categories: Economics