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How To Test Alkaline Batteries Without A Meter

Chris Martenson - May 21, 2015 - 16:56

An interesting method to determine if that random battery found in the back of the junk drawer has any life left in it.

http://www.thegoodsurvivalist.com/how-to-test-alkaline-batteries-without-a-meter/

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Categories: Economics

Off the Cuff: It Takes A Pillage

Chris Martenson - May 21, 2015 - 13:21

In this week's Off the Cuff podcast, Chris and Nomi Prins discuss:

  • It Takes A Pillage
    • How Wall St fraud has only worsened since 2008
  • Moral Hazard
    • Central banks are enabling the bad actors
  • The War On Cash
    • What the implications of ZIRP and NIRP are
  • Get Ready For Volatility To Return
    • Market gyrations from here are baked in the cake

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Categories: Economics

Daily Digest 5/21 - Greece Nears Debt Deal, OPEC Struggles To Keep Up

Chris Martenson - May 21, 2015 - 07:32
  • Venezuela's Inflation Rate Is 200% and Credit Card Companies Are Cashing In
  • The Improbable in Service to the Insatiable
  • Greece nears debt deal in May as money runs low
  • An Insane Financial World
  • Global banks admit guilt in forex probe, fined nearly $6 billion
  • Los Angeles' minimum wage on track to go up to $15 by 2020
  • Workers Race to Clean Up Oil Spill on California Coast
  • OPEC Struggling To Keep Up The Pace In Oil Price War
  • Vortex Bladeless aims for lower-cost wind energy approach
  • To fight bee decline, Obama proposes more land to feed bees

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Categories: Economics

Daily Digest 5/20 - ECB Will Act If Inflation Target Isn't Met, More Red Light Cameras Coming Out

Chris Martenson - May 20, 2015 - 07:41
  • San Bernardino council backs bankruptcy plan that hammers bondholders
  • Chicago Said to Delay $383 Million Bond Sale After Downgrade
  • 10 Investigates: More red light cameras coming out
  • Half of college graduates expect to be supported by their families
  • Euro Slumps After Official Says ECB Will Front-Load Stimulus
  • Baht in Currency War After First-to-Worst Rout a Year After Coup
  • Noyer: ECB will act if inflation target isn't met
  • RBA minutes confirm scope for further interest rate cuts

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Categories: Economics

4 Factors Signaling Volatility Will Return With A Vengeance

Chris Martenson - May 20, 2015 - 06:43

No one could have predicted the sheer scope of global monetary policy bolstering the private banking and trading system. Yet, here we were - ensconced in the seventh year of capital markets being buoyed by coordinated government and central bank strategies. It’s Keynesianism for Wall Street.

The unprecedented nature of this international effort has provided an illusion of stability, albeit reliant on artificial stimulus to the private sector in the form of cheap money, tempered currency rates (except the dollar - so far) and multi-trillion dollar bond buying programs. It is the most expensive, blatant aid for major financial players ever conceived and executed. But the facade is fading. Even those sustaining this madness, like the IMF, are issuing warnings about increasing volatility.

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Categories: Economics

Navigating Safely In The Coming Era Of Volatility

Chris Martenson - May 20, 2015 - 06:42
Executive Summary
  • Central planners are showing increasing signs of insecurity in their ability to maintain control
  • Credit default risk is on the rise
  • So are geo-political and economic risks
  • Manipulation continues to muddy price discovery
  • Crime & fraud have rotted the core our financial system
  • How to tread carefully in these markets

If you have not yet read Part 1: 4 Factors Signaling Volatility Will Return With A Vengeance available free to all readers, please click here to read it first.

When stock markets keep racking up records, it’s hard to imagine steep downturns.  Yet that’s precisely when caution is required, particularly when volatility is rising and risk factors are not subsiding.  What I’m about to say is not to scare, but to help prepare, you.

Recall that two years after achieving a then historic high on October 9, 2007 of 14,164.53, the Dow plunged by more than half to a March 2009 12-year low of 6,547. The value of US stocks dropped from $22 trillion to $9 trillion. Why? Because of a confluence of risk-laden events pelting people and markets. From the housing market drop, to the failure of Bear Stearns and Lehman Brothers, to the unraveling of CDOs, to the obscene amounts of leverage and fraud everywhere, volatility escalated and liquidity and confidence dove. Banks entered self-defense mode, turning to governments and central banks for lifelines.

The fix of subsidized private banking was in. It still is - seven years later. There’s nothing comforting about that. It took another five years, until March 5, 2013 for the Dow to top 2007 levels. If you’re an individual, say with a pension or college tuition to pay, you’ve got to have an iron stomach to deal with that kind of chaos. You’re going to want to protect your money from the possibility of a next time. Now is a good time to start.

Today’s markets have not bubbled on organic or sustainable growth, they have been propped up by unprecedented, globally coordinated central bank policies that flooded the financial system with cheap money and like a giant financial vacuum cleaner hoovered up debt securities from big banks through massive (QE) easing programs.

Market volatility, though low compared to 2008 days, has nonetheless been inching up. It will continue increasing due to...

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Categories: Economics

These Friends from High School Bought an Abandoned Factory. Now They're Distilling Artisanal Whiskeys‏

Much as blight can be contagious, so can renewal. How grassroots community groups are saving neighborhoods and building new businesses.
Categories: Economics

EMP Survival

Chris Martenson - May 19, 2015 - 12:09

A number of great preps to protect yourself from an EMP event and make sure you are well prepared and resilient to it's effects. 

http://www.outdoorlife.com/photos/gallery/2015/05/emp-survival-9-ways-prepare-electro-magnetic-pulse/

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Categories: Economics

Where Do “Rednecks” Really Come From? A New Museum Has the Surprising Answer

Tourists spend $400 more per trip on average when their trips focus on history and culture. That could be a big opportunity for West Virginia's changing economy.
Categories: Economics

Daily Digest 5/19 - Markets Are in a 'Twilight Zone', Get Ready For A Solar Boom

Chris Martenson - May 19, 2015 - 07:38
  • Bank of America: Markets Are in a 'Twilight Zone' and It's Time to Hold More Cash and Gold
  • Obama will restrict grenade launchers, military equipment from local police
  • When It Comes to Wage Abuses, It’s Not Just the Nail Salons
  • Engineered virus protects bacteria while eliminating antibiotic resistance
  • New Texas law bans cities from banning fracking, drilling
  • Get Ready for Solar Boom From China Plants as Asia Demand Swells 
  • Oil Prices Will Fall: A Lesson In Gravity
  • Water level in Lake Mead, largest reservoir in the US, drops 150 feet in 14 years

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Categories: Economics

How to Make a Chicken Waterer

Chris Martenson - May 18, 2015 - 15:31
Categories: Economics

Help Put Little Free Libraries Where They're Needed Most

Shareable Magazine - May 18, 2015 - 10:46

Little Free Libraries have become beloved neighborhood landmarks that have circulated an estimated 40 million books through 25,000 volunteer-built branches. But what about book deserts, i.e. places where books are scarce? Little Free Libraries could be the solution.

Categories: Economics

7 Apps that Will Change the Way You Travel Forever

Shareable Magazine - May 18, 2015 - 09:29

It all started with a bet. In July 2014, two friends and I launched The Sharing Bros project and set off for a crazy adventure. We traveled from Vancouver, Canada to Rio de Janeiro, Brazil using only the collaborative economy. We produced 11 videos to share our adventures.

Categories: Economics

Daily Digest 5/18 - Dead Nation Walking, The Great Fossil Fuel Subsidy Myth

Chris Martenson - May 18, 2015 - 07:48
  • Dead Nation Walking
  • Stranded: How America's Failing Public Transportation Increases Inequality
  • #TakeUsWithYouScotland: 1000s in N. England sign petition to join 'future independent Scotland'
  • Kerry says U.S. and China discuss further sanctions on North Korea
  • The GOP Is Dying Off. Literally.
  • The In-State Tuition Break, Slowly Disappearing
  • Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions
  • The Great Fossil Fuel Subsidy Myth

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Categories: Economics

Better, Not More -- aka Buen Vivir

Shareable Magazine - May 18, 2015 - 07:40

Article cross-posted from Bollier.org.

Categories: Economics

Little Town on the Prairie Steps It Up

Shareable Magazine - May 18, 2015 - 07:39

Photos courtesy of Blue Zones

It’s like a small-town scene from Norman Rockwell, updated for the 21st Century.

A Latino family strolls leisurely through the park, immersed in conversation. Coming up fast behind is a blonde woman in designer exercise gear and earplugs, intent on maintaining her power-walking pace. Bringing up the rear is a young man with his husky, both of them staring up at a patch of sun that has appeared from behind the clouds.

Categories: Economics

Dan Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic

Chris Martenson - May 17, 2015 - 08:37

Behavioral science shows we are our own worst enemies in this story. In a realm where everything is so quantifiable, measurable and trackable, one would expect exceptionally good decision-making. But it's our human wiring, our proclivity for seeing things as we want them to be rather than as they truly are, that makes us vulnerable to influences we often aren't even conscious of. And the bad decisions -- and bad outcomes -- ensue.

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Categories: Economics

Daily Digest 5/17 - Common Retirement-Ruining Myths, Blueprint for a Better Human Body

Chris Martenson - May 17, 2015 - 08:37
  • How Wall Street Is Fighting to Rip Off Your Retirement Money
  • 7 common myths that can ruin your retirement
  • Use privacy software if you want to be safe from Facebook, warns watchdog
  • America's premier rail superhighway is slowly falling apart
  • Amtrak, After Derailment, Told to Expand Automatic Brake Use
  • Millennials Are Ditching College and Heading Back to the Workplace
  • Blueprint for a Better Human Body
  • Brown’s Arid California, Thanks Partly to His Father

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Categories: Economics

Daily Digest 5/16 - Rise Of The Robots, Are We Headed For An Egg Shortage?

Chris Martenson - May 16, 2015 - 08:54
  • China is on track for the biggest reduction in coal use ever recorded
  • ‘Rise of the Robots’ and ‘Shadow Work’
  • The Plot Against Trains
  • Gold Up 2.5%, Silver Surges 7% In Week as Bond Market Quakes
  • House Of Cards: Will It Collapse?
  • They Built It. No One Came.
  • Sick Iowa Hens Mean U.S. Bird-Flu Outbreak May Be Worst Ever
  • Are we headed for an egg shortage?

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Categories: Economics

The Self-Employed Middle Class Hardly Exists Anymore

Chris Martenson - May 16, 2015 - 01:57

Of course, the easiest path to financial independence is being born into a wealthy, well-connected family.

But since few of us win that born-rich lottery, this article addresses the important question: How do “the rest of us” carve out financial independence?

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Categories: Economics