Blog en Time To Toss The Playbook ]]><p>Just when you thought the world could not spin much faster, global monetary events in 2015 have picked up speed.&nbsp;</p> <p>Buckle up.</p> <p><a href="" target="_blank">read more</a></p> Blog Brian Pretti capital central banks China credit currency ECB economy Europe European Central Bank Greece interest rates money playbook stocks Wed, 25 Feb 2015 14:07:53 +0000 Brian Pretti 91925 at How Many More “Saves” Are Left in the Central Bank Bazookas? ]]><p>The remarkable success of grandiose pronouncements, money-printing programs and serial expansions of credit raises a key question: how many more &ldquo;saves&rdquo; can the central bank bazookas fire that will have the desired effects of maintaining perceptions of central bank omnipotence and pushing global markets ever higher?</p> <p><a href="" target="_blank">read more</a></p> Blog Bank of Japan bazooka BOJ bubble Charles Hugh Smith China ECB economy Fed Federal Reserve Mario Draghi QE quantitative easing Thu, 19 Feb 2015 02:45:19 +0000 charleshughsmith 91747 at We Live In An Era Of Dangerous Imbalances ]]><p>The intervention by the world&#39;s central banks has resulted in today&#39;s&nbsp;bizarro&nbsp;financial markets, where &quot;bad news is good&quot; because it may lead to more (sorry,&nbsp;<em>moar</em>) thin-air stimulus to goose asset prices even higher.</p> <p>The result is a world addicted to debt and the phony stimulus now essential to sustaining it. In the process, a tremendous wealth gap has been created, one still expanding at an exponential rate.</p> <p><a href="" target="_blank">read more</a></p> Blog bonds central banks Federal Reserve fine art Plutarch stocks wealth gap Sat, 14 Feb 2015 01:19:39 +0000 Adam Taggart 91800 at The US' Suicidal Strategy On Ukraine ]]><p>Ukraine is back in the news cycle and for good reason. The cease-fire has broken, fighting is intensifying, and the western-supported and installed leadership in Kiev is losing the campaign. &nbsp;At this point, the West&#39;s choice is to either double down and bet even more on a badly failing set of policies, or admit it has lost this round and seek to deescalate the situation.</p> <p>Meanwhile, Europe has finally woken up to the risks and seems to be ready to carve out a different path than the US.&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Blog Russia suicide Ukraine war Thu, 12 Feb 2015 06:27:12 +0000 cmartenson 91774 at The Peak Prosperity Annual Weekend Seminar: Apr 24-26 ]]><p>We&#39;re only offering one live seminar in 2014 and it&#39;s coming up. &nbsp;If you haven&#39;t attended one before, you really should and this is your chance. &nbsp;Here&#39;s why.</p> <p>Over the years we&#39;ve carefully shifted the seminar to match the times and assure that attendees get what they need to be as prepared as they can be heading into the future.</p> <p><a href="" target="_blank">read more</a></p> Blog Rowe seminar Tue, 10 Feb 2015 03:20:12 +0000 Adam Taggart 91720 at Greece Exposes The Global Economy's Achilles Heel ]]><p>The new Greek political party, known as&nbsp;Syriza, the Coalition of the Radical Left, has done the unthinkable: they&#39;ve dared to speak the truth.</p> <p>Such honest assessments are not supposed to be uttered in politics, no matter how true they may be. And so, as you can imagine, the machinery of the defenders of the status quo is in quite a lather over the whole affair. And it&#39;s doing everything it can to minimize and marginalize the new Greek government.</p> <p><a href="" target="_blank">read more</a></p> Blog banks bonds debt ECB economy EU Europe eurozone Greece Syriza Yanis Varoufakis Thu, 05 Feb 2015 20:54:43 +0000 cmartenson 91704 at 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