Blog en We Ignore Unintended Consequences At Our Peril ]]><p>Early in my business career I was faced with a challenge that gave me an appreciation for a very important lesson about life and business. That oftentimes, even with the best of intentions, our actions create consequences completely different from what we intend.</p> <p>It&#39;s that insight that makes me so concerned about the grand central banking experiment being conducted around the globe right now.</p> <p>The complexity of the system, the questionable abilities of the decision-makers, and the universe&#39;s proclivity towards unintended consequences all combine to give great confidence that things will NOT play out in the way the Fed and its brethren are counting on.</p> <p><a href="" target="_blank">read more</a></p> Blog adverse selection unintended consequences VISA Yahoo! Fri, 30 Jan 2015 23:27:40 +0000 Adam Taggart 91658 at When This Ends, Everybody Gets Hurt ]]><p>Central bank credibility (as fictitious as that may be)&nbsp;is essential to maintaining the current narrative, BUT central banks are rapidly losing their credibility (which should have happened simply via deductive reasoning a long time ago) and the strains are showing.</p> <p>Their actions are increasingly wild and extreme, and it&#39;s our view that 2015- 2016 will mark the end of this long run of overly-ambitious central bankers and over-complacent markets.</p> <p><a href="" target="_blank">read more</a></p> Blog central banks China Chris Martenson coal economic growth economy endless growth energy GDP growth inflation limits Rule of 72 Thu, 22 Jan 2015 03:45:38 +0000 cmartenson 91558 at A Quick Sanity Check ]]><p>Sometimes it pays to step way back and look at things from a high level.</p> <p>In response to the 2008 crisis, the world&#39;s major central banks pumped an unprecedented amount of monetary stimulus into the system -- all in the name of kick starting enough economic growth to pull the planet out of its fundamental sinkhole of <em>Too Much Debt.</em></p> <p>More than six years and over $4 trillion later, what exactly can we say it did for us?</p> <p>Not enough, as the following short video summarizes.</p> <p><a href="" target="_blank">read more</a></p> Blog Bank of England Bank of Japan central banks economy European Central Bank Federal Reserve GDP growth real estate sanity check stocks unemployment rate Mon, 19 Jan 2015 05:06:42 +0000 Adam Taggart 91538 at Why Our Central Planners Are Breeding Failure ]]><p>As counter-intuitive as it may sound, success rather reliably leads to failure and destabilization.</p> <p>In the macro-economic arena, I think it highly likely that the monetary and fiscal policies of the past six years that are conventionally viewed as successful will lead to spectacular political and financial failures in 2015 and 2016.</p> <p><a href="" target="_blank">read more</a></p> Blog 2015 Bank of England Bank of Japan central banks Charles Hugh Smith China European Central Bank failure Federal Reserve monetary policy money recovery success Survivorship Bias Thu, 15 Jan 2015 15:50:36 +0000 charleshughsmith 91184 at What Should I Do? - Crash Course Chapter 26 ]]><p>If there&rsquo;s one message to take away from this newly-updated&nbsp;<a href="" target="_blank">Crash Course video series</a>, it&rsquo;s this:&nbsp;&nbsp;<em>It&rsquo;s time for you to become more resilient and more engaged.&nbsp;</em>Things are changing quickly and&nbsp;<strong>nobody</strong>&nbsp;knows how much time we have before the next economic, ecological or energy related crisis erupts.&nbsp; Nobody knows&nbsp;<em>when</em>, but we do have a pretty good idea of&nbsp;<em>what</em>&nbsp;is coming.</p> <p>And it is within your control to enter the coming future with a higher degree of security, prosperity and fulfillment than you enjoy now.</p> <p><a href="" target="_blank">read more</a></p> Blog Adam Taggart Chris Martenson Community Crash Course economy emergency preparedness energy energy efficiency environment Exponential Growth Food Gardening gold health local money oil prepping resilience silver time what should I do? Sat, 10 Jan 2015 15:43:50 +0000 Adam Taggart 91176 at The Road To War With Russia ]]><p>For several weeks now the anti-Russian stance in the US press has quieted down. Presumably&nbsp;because the political leadership has moved its attention on to other things, and the media flock has followed suit.&nbsp;</p> <p>Have you read much about Ukraine and Russia recently?</p> <p>I thought not, despite the fact that there&#39;s plenty of serious action -- both there as well as related activity in the US -- going on that deserves our careful attention.</p> <p><a href="" target="_blank">read more</a></p> Blog Kissinger oil Putin Russia Ukraine war Thu, 08 Jan 2015 17:09:56 +0000 cmartenson 91007 at Keep Your Eyes On The Prize ]]><p>At the essential center of the framework of the Crash Course is the almost insultingly simple idea that endless growth on a finite planet is an impossibility.</p> <p>It is so simple it could be worked out by a clever 4 year-old and yet it must&nbsp;<em>not</em>&nbsp;be so simple because the main narrative of every economy in every corner of the globe rests on the idea of endless, infinite growth.</p> <p><a href="" target="_blank">read more</a></p> Blog Chris Martenson coal energy energy cliff growth IEA LENR oil peak oil Wed, 31 Dec 2014 19:21:01 +0000 cmartenson 90662 at Future Shock - Crash Course Chapter 25 ]]><p>Chapter 25 of the Crash Course is now publicly available and ready for watching below.</p> <p>Here at the penultimate chapter of The Crash Course, everything we&#39;ve learned comes together into a single narrow range of time we&#39;ll call the twenty-teens.&nbsp;</p> <p>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.</p> <p><a href="" target="_blank">read more</a></p> Blog assets bonds boomers bubbles central banking Crash Course credit currency crisis debt deflation demographics economy energy environment Exponential Growth financial markets future future shock gold housing inflation money oil peak cheap oil population retirement stocks twenty-teens unrest war Sat, 27 Dec 2014 03:24:19 +0000 Adam Taggart 90385 at An Opportunity To Live Resiliently ]]><p>After watching the&nbsp;<a href="" target="_blank">Crash Course</a>, who among us hasn&#39;t felt insecure with where we live?</p> <p>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 &quot;get&quot; the importance of cultivating resilience.... &nbsp;Sounds pretty good, right?</p> <p>But what exactly is a &quot;sustainable community&quot;&nbsp;anyways? How do you find one? What&#39;s it like to live there? How do you know if it&#39;s all going to work out in the long run?</p> <div>&nbsp;</div> <p><a href="" target="_blank">read more</a></p> Blog Agriculture Community farm Finca Las Nubes Nicaragua San Juan del Sur sustainability sustainable farming Thu, 25 Dec 2014 20:54:54 +0000 Adam Taggart 89622 at Holiday Wishes ]]><p>Happy holiday wishes from Peak Prosperity!</p> <p>Thank you for the gifts of your participation in &amp; support of this site. We&#39;re hard at work cobbling up a few new gifts of our own for you -- new content, new site features, and more. These &#39;presents&#39; will start arriving in the next few weeks...&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Blog 2014 Christmas holiday Thu, 25 Dec 2014 00:47:33 +0000 Adam Taggart 90274 at