Blog en 2014 Year in Review: Part 2 ]]><p>This year has been all about risk&mdash;existential risk. Some of it seemed to dissipate and some lingers. &nbsp;Market valuations remain risky&mdash;regression to the mean could easily provide a 50% haircut and more if we observe regression&nbsp;<em>through</em>&nbsp;the mean. This has not come to pass, but the risk is&nbsp;<em>very</em>&nbsp;real.</p> <p>Those who seek risk in markets will eventually find it.</p> <p><a href="" target="_blank">read more</a></p> Blog 2014 AIG bankers banks China civil liberties David Collum ebola Federal Reserve ISIS Japan religion risk Russia wealth Year in Review Fri, 19 Dec 2014 16:27:34 +0000 Thomas 89842 at 2014 Year in Review ]]><p>I have not seen a year in which so many risks&mdash;some truly existential&mdash;piled up so quickly. Each risk has its own, often unknown, probability of morphing into a destructive force. Groping for a metaphor&mdash;I love metaphors and similes&mdash;I feel like we&rsquo;re in the final throes of a geopolitical Game of Tetris as financial and political authorities race to place the pieces correctly. But the acceleration is palpable. The proximate trigger for pain and ultimately a collapse can be small, as anyone who&rsquo;s ever stepped barefoot on a Lego knows.</p> <p><a href="" target="_blank">read more</a></p> Blog 2014 Argentina bankers banks bonds cash CNBC David Collum debt deflation economy energy Fed Federal Reserve Fracking gold inflation investing jobs money oil pensions recession retirement risk S&P 500 Savings stocks Tetris twitter water wealth Year in Review Fri, 19 Dec 2014 16:27:22 +0000 Thomas 89840 at Gift Subscriptions ]]><p>Have anyone important in your life you still need to buy a present for?</p> <p>Giving the gift of the &#39;red pill&#39; is easy. &nbsp;Simply choose the length of enrollment you wish to give&nbsp;<i>&ndash;&nbsp;</i>$30 for one month, $80 for three months, or $300 for one year&nbsp;<i>&ndash;</i>&nbsp;and&nbsp;<a href="">make a payment via this link</a>.&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Blog Christmas enrollment gift certificate gift subscription holiday Fri, 19 Dec 2014 01:53:26 +0000 Adam Taggart 89918 at Who Will Be Tomorrow's Superpower? ]]><p>There&rsquo;s a popular geopolitical parlor game called&nbsp;<em>Who will be the next superpower?</em></p> <p>While the game excels at triggering a mind-fogging tsunami of nationalistic emotions, it doesn&rsquo;t shed much light on the really consequential question:&nbsp;<em>What is power?</em></p> <p>These are important questions to ponder as, around the world, unsustainable policies from the&nbsp;20th&nbsp;century are beginning to fail in earnest. What will the future geopolitical landscape look like in their aftermath?</p> <p><a href="" target="_blank">read more</a></p> Blog Charles Hugh Smith credit money debt oil Power Resources Roman Empire Rome superpower Wed, 17 Dec 2014 15:15:43 +0000 charleshughsmith 89838 at Deflation Is Winning ]]><p>Remember in the early part of the last decade, long before he was appointed the Chairman of the Federal Reserve, Ben Bernanke penned an article that caught widespread public attention entitled, &ldquo;Deflation: It Can&rsquo;t Happen Here&rdquo; ?</p> <p>Bernanke was referring to the deflationary pressures Japan had been dealing with for more than a decade. In the article, Bernanke laid out a game plan for how the Fed would respond if the US ever faced deflationary pressures. His miracle antidote for battling deflation? Printing money. Lots of it.</p> <p>Little did anyone know at the time that this game plan would become the Fed&rsquo;s exact response to the credit market crisis and deflationary impulse that erupted in 2008 and 2009.</p> <p><a href="" target="_blank">read more</a></p> Blog Ben Bernanke Brian Pretti central banks credit crisis debt deflation economy Fed Federal Reserve GDP inflation Japan money QE quantitative easing Wed, 10 Dec 2014 15:21:39 +0000 Brian Pretti 89523 at The Environment: Increasing Waste - Crash Course Chapter 24 ]]><p>Following up on the previous chapter focusing on <a href="" target="_blank">human-caused resource depletion</a>, the other disheartening part of the story of the environment concerns the things we humans put back into it, and the impact they have on the ecosystems that support all of life -- ours included.</p> <p>Like the economy, ecosystems are complex systems.&nbsp; That means that they owe their complexity and order to energy flows and, most importantly, they are inherently unpredictable.&nbsp; How they will respond to the change by a thousand rapid insults is unknown and literally unknowable.</p> <p><a href="" target="_blank">read more</a></p> Blog Bees butterflies carbon dioxide Climate Change ecosystem environment gyre ocean acidification pesticides plankton The Crash Course trash Weather Fri, 05 Dec 2014 23:54:09 +0000 Adam Taggart 89489 at Oil And The Global Slowdown ]]><p>The world economy is slowing down and the authorities are fretting.&nbsp;</p> <p>Japan, Italy, Greece and Austria are all in recession.&nbsp; China is slowing down according to their official statistics, and even more according to the whispers.&nbsp;</p> <p>Germany, France and the Netherlands are all at stall speed.&nbsp;</p> <p>The US is, according to the BLS, doing just great at nearly 4% growth, but you wouldn&#39;t know that from either the quality of the few jobs being created (which is low) or consumer spending (also low).&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Blog central banks economic growth NIRP oil shale ZIRP Thu, 04 Dec 2014 00:08:31 +0000 cmartenson 89380 at The Environment: Depleting Resources - Crash Course Chapter 23 ]]><p>The bottom line is this:&nbsp;we, as a species, all over the globe, have already mined the richest ores, found the easiest energy sources, and farmed the richest soils that our Environment has to offer.</p> <p>We have taken several hundreds of millions of years of natural ore body, fossil energy deposition, aquifer accumulation, soil creation, and animal population growth -- and largely burned through them in the few years since oil was discovered. It is safe to say that in human terms, once these are gone, man, they&rsquo;re gone.</p> <p><a href="" target="_blank">read more</a></p> Blog Bingham Canyon mine Chris Martenson copper debt economic growth energy environment Exponential Growth money net energy oil ore grade primary wealth Resources resourse depletion Fri, 28 Nov 2014 19:44:31 +0000 Adam Taggart 89245 at Happy Thanksgiving To All U.S. Readers ]]><p><span style="font-size: 13px;">Today is Thanksgiving in the US, a prominent holiday typically marked by insane travel nightmares for many, and a chance to spend time with non-core relatives.</span></p> <p>To balance all that out we usually overeat, over drink, and slip into a tryptophan coma in front of the TV.</p> <p>At least, that&rsquo;s what the holiday has become for many.</p> <p>Here at Peak Prosperity we like to remember that the holiday consists of two words, thanks and giving.</p> <p><a href="" target="_blank">read more</a></p> Blog Thanksgiving Thu, 27 Nov 2014 14:59:33 +0000 cmartenson 89196 at Energy & The Economy - Crash Course Chapter 22 ]]><p>In the past few chapters on&nbsp;<a href="" target="_blank">Energy Economics</a>,&nbsp;<a href="" target="_blank">Peak Cheap Oil</a>, and the false promise of&nbsp;<a href="" target="_blank">Shale Oil</a>, we&#39;ve gone into great detail to show how our economic growth is deeply dependent on our energy systems.</p> <div> <p>Understanding the known facts behind this story, as well as each of the stated risks is what <a href="" target="_blank">The Crash Course</a> is about: assessing those risks and deciding what, if anything, a prudent adult should do about adapting to these realities and facing these risks.&nbsp;</p> <div>&nbsp;</div> </div> <p><a href="" target="_blank">read more</a></p> Blog Chris Martenson Crash Course economic growth economics economy energy peak oil shale oil Sat, 22 Nov 2014 01:17:39 +0000 Adam Taggart 89081 at