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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

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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

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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

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The Electrical Grid May Well Be The Next War's Battlefield

Crippling the US without firing a shot
Wednesday, July 16, 2014, 11:38 PM

We talk a lot about Peak Cheap Oil as the Achilles' heel of the exponential monetary model, but the real threat to the quality of our daily lives would be a sustained loss of electrical power. Anything over a week without power for any modern nation would be a serious problem.  » Read more

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RT America

VIDEO: Why, Like It Or Not, We'll Have To Live Within Our Means

RT TV digs into the new Crash Course video series
Tuesday, July 15, 2014, 8:55 PM

Last week, Erin Ade of RT TV's BoomBust interviewed Chris about the launch of the newly-revised Crash Course series. The discussion is quite far ranging, from net energy, to central bank policy, to the role and limitations of technology: » Read more

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Peak Prosperity

Compounding Is The Problem: Crash Course Chapter 4

By the time the problem is visible, it can't be avoided
Friday, July 11, 2014, 12:32 PM

Chapter 4 of the Crash Course is now publicly available. It includes Chris' famous "magic eye dropper" example of how the compounding nature of exponential systems speeds up over time, often in ways very non-intuitive to the human mind. » Read more

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Reality-Optional Economics

Cockamamie Stories Infecting the Body Politic
Wednesday, July 9, 2014, 1:10 PM

The total tonnage of economic malarkey being shoveled over the American public these days would make the late Dr. Joseph Goebbels (Nazi Minister of “Public Enlightenment and Propaganda”) turn green in his grave with envy. It’s a staggering phenomenon because little about it is conspiratorial; rather, it’s the consensual expression of a public that wants desperately to believe things that are untrue, and an economic leadership equally credulous, unmanned, and avid to furnish the necessary narratives that might preserve their jobs and perqs. » Read more

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Peak Prosperity

Exponential Growth: Crash Course Chapter 3

The most important driver of future trends
Friday, July 4, 2014, 11:18 AM

Chapter 3 of the Crash Course, Exponential Growth, is now publicly available: » Read more

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The Approaching Inevitable Market Reversal

Closer every day...
Wednesday, July 2, 2014, 8:06 AM

Though we’re constantly reassured by financial pundits and the Federal Reserve that the stock market is not a bubble and that valuations are fair, there is substantial evidence that suggests the contrary.

The market is dangerously stretched in terms of valuation and sentiment, and it does not accurately reflect fundamentals such as earnings and sales growth. » Read more

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Iraq, Oil & The Coming Wealth Transfer

Chris' recent interview on USAWatchdog
Tuesday, July 1, 2014, 4:28 PM

Yesterday, Chris was interviewed by Greg Hunter of USAWatchdog. Greg was a former investigative correspondent at ABC and CNN who now operates his own digital "news station". He invited Chris on to discuss the latest implications of ISIS' inroads deeper into Iraq, as well as the larger consequences the world faces if plunged into another -- potentially worse -- Great Recession: » Read more