Blog

Enter a comma separated list of user names.
Blog

Denis Rozhnovsky/Shutterstock

Ukraine: A Perspective from Europe

The West's power & influence is on the wane
Wednesday, August 20, 2014, 11:54 AM

It is still a mystery to many historians as to how and why this World War I led to the slaughter of nine million people. But analysis of different parties to the original event, pursuing their own vested interests without a grasp of the bigger picture, certainly rings true of the Ukrainian situation today with regards to the West, embodied in a disparate committee called NATO. The similarity with the chaotic diplomacy that led to WW1 stops there: Russia under Vladimir Putin’s leadership appears to have a good grasp of its objective. » Read more

Blog

Peak Prosperity

A Brief History of US Money - Crash Course Chapter 9

The rules get changed (a lot)
Friday, August 15, 2014, 6:29 PM

Looking at the past 100 years of the US dollar's history, one theme becomes abundantly clear: in times of crisis, the US government has no issue with changing its own rules or breaking its own laws. And those "temporary" emergency measures have a nasty habit of quickly becoming permanent. » Read more

Blog

Cvijun/Shutterstock

On the Path To War

Putin plays chess, the "markets" play Tic-Tac-Toe
Monday, August 11, 2014, 7:25 PM

The US is clearly now pushing Russia towards war. But if you read the signs correctly, Russia has been preparing for exactly this outcome for many years.

Out of several reasons that US power brokers specifically -- but western power brokers more generally -- are deeply unhappy with Russia right now is that Russia is committing a cardinal sin: it is openly, brazenly calling for an end to dollar dominance and has moved aggressively with China to achieve that aim. » Read more

Blog

Peak Prosperity

Money Creation: The Fed - Crash Course Chapter 8

Creating money out of thin air since 1913...
Friday, August 8, 2014, 8:49 PM

Chapter 8 of the Crash Course is now publicly available and ready for watching below.

As a follow-on to the two previous chapters -- one explaining the nature of fiat money, the other showing how money is loaned into existence through our fractional reserve banking system -- this week's video details the Fed's near-magical ability to create money out of thin air (literally!). » Read more

Blog

Blueximages | Dreamstime.com

Is This Decline The Real Deal?

Or just another head-fake bear trap?
Wednesday, August 6, 2014, 10:36 AM

Is this stock market decline the "real deal"? (that is, the start of a serious correction of 10% or more) Or is it just another garden-variety dip in the long-running Bull market? Let’s start by looking for extremes that tend to mark the tops in Bull markets. » Read more

Blog

Peak Prosperity

Money Creation: Banks - Crash Course Chapter 7

Get ready for your mind to be repelled
Friday, August 1, 2014, 9:14 PM

Chapter 7 of the Crash Course is now publicly available and ready for watching below.

As a follow-on to the previous chapter explaining the nature of fiat money, this week's video details one of the two methods by which it is created: fractional reserve banking. As John Kenneth Galbraith famously stated "The process by which money is created is so simple the mind is repelled." » Read more

Blog

Newsweek

The West's Reckless Rush Towards War with Russia

We're taking big risks for unclear reasons
Thursday, July 31, 2014, 10:54 AM

For reasons that have no rational explanations at this time, the US and Europe have embarked on a concerted program to demonize Putin, ostracize Russia, and bring the world as close to a major conflict as it's been since the Cold War, a time hardly memorable to many in the current crop of our elected officials. » Read more

Blog

Ralf Siemieniec/Shutterstock

What Is Money?: Crash Course Chapter 6

The world revolves around it, but it's poorly understood
Friday, July 25, 2014, 11:52 AM

Money plays an incredibly large role in the world, but yet it remains poorly understood. What exactly is it? What do the pieces of paper we hold in our wallets and bank accounts actually represent?

Developing an understanding of the underlying role of money allows us to better see when it is being used properly, or abused. And history shows that abuse is more the norm than the exception: the record shows over 3,800 previous examples of paper currencies that no longer exist. » Read more

Blog

BPTU/Shutterstock

Escaping the Rat-Race

More meaningful work that boosts career security
Wednesday, July 23, 2014, 11:48 AM

The changing nature of work doesn’t just matter to new graduates seeking their first career-track job—it’s equally important to experienced workers seeking to escape the corporate rat-race or build a new career after a layoff.

Those who understand these changes will be able to successfully adapt. Those who don’t, won’t. » Read more

Blog

Peak Prosperity

Growth vs. Prosperity: Crash Course Chapter 5

One of these is a much wiser choice
Friday, July 18, 2014, 8:52 PM

Chapter 5 of the Crash Course is now publicly available and ready for watching below.

It challenges the conventional thinking that "economic growth" is the same thing as "prosperity". It isn't. And increasingly, we're being forced to trade one off for the other. As global surplus resources dwindle, we need to ask ourselves: Which of these do we value more? » Read more