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How Rich Is Your Knowledge Capital?

The future will belong to those who know how to create value
Friday, March 4, 2016, 1:36 PM

It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.
~ Mark Twain

The Crash Course does a good job of explaining why we're heading into an uncertain future. One that will be defined by disruption and volatility.

How that change will unfold exactly is impossible to forecast. As Yogi Berra rightly quipped: It's tough to make predictions, especially about the future!

The best way to defend yourself against the risk of 'losing it all' is to have an important part of your wealth stored between your ears, where it can't be taken from you. » Read more

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How The Seeds Of Revolution Take Root

What motivates a populace to rebel against a regime?
Friday, February 26, 2016, 11:48 AM

Fisher found that a wage/price cycle often ends in transformational social upheaval. While proponents of his model have a wealth of historical examples to draw upon, they miss a key factor:  the vulnerability or resilience of the nation-state facing crises.

Some nations survive invasions, environmental catastrophes, epidemics and inflation without disintegrating into disorder. Something about these nation’s social/ economic /political order makes them more resilient than other nations. So rather than accept the proximate causes of disorder as the sole factors, we should look deeper into the social order for the factors behind a nation’s relative fragility or resilience. » Read more

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Peak Prosperity

Are You Coming To Our Annual Seminar This Year?

We hope so. 2016 is fast proving rockier times are ahead.
Thursday, February 25, 2016, 3:27 AM

Something broke in the world last August.

After more than 6 years of dependable steep upward appreciation in the stock market, it all stopped. August 2015 saw a sharp drop in stock values, which quickly rebounded -- but to lower highs. Things more or less flat-lined until the start of 2016, when the markets started selling off in earnest.

What ended the party? We can speculate on the specific trigger (anemic global economic growth, the collapse in the price of oil, China's hard landing, central banks running out of options to intervene -- the list is long), but one conclusion is becoming clearer with each passing day: The trend has reversed. The stability and relative prosperity (false or not) of the past 6+ years is now over. And we are now entering more turbulent times. » Read more

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The Return Of Crisis

Suddenly banks everywhere are in deep, deep trouble
Tuesday, February 9, 2016, 12:28 AM

Financial markets the world over are increasingly chaotic and either retreating or plunging.  Our view is that there’s a gigantic market crash in our future and it’s possible that this has started now. » Read more

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Mass Layoffs To Return With A Vengeance

How safe is your job?
Wednesday, February 3, 2016, 4:58 PM

Remember the mass layoffs of 2008-2009? The US economy shed millions of jobs quickly and relentlessly, as companies died and the rest fought for survival.

Then the Fed and the US government flooded the banks and the corporate sector with bailouts and handouts. With that crap-ton of liquidity sloshing around, as well as taking on massive amounts of new cheap debt, companies were able to finance their working capital needs, hire workers back, and even buy-back their shares en mass to make themselves look deceptively profitable. The nightmare of 2008 soon became a golden era of recovery.

Well, 2016 is showing us that that era is over. And as stock prices cease to rise, and in fact fall within many industries, layoffs are beginning to make a return as companies jettison costs in attempt to reduce losses. » Read more

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Rowe Conference Center

The Peak Prosperity Annual Weekend Seminar: Apr 14-17

We're adding a whole extra day this year
Friday, January 22, 2016, 6:42 PM

We're happy to confirm that we'll be returning to Rowe, MA this spring to offer our annual weekend seminar from April 14-17.

We're particularly excited about this year's gathering, as 2016 is fast proving to be a very different year than the preceding ones. The developments in January to-date show how the recent era of relative tranquility and control is clearly beginning to slip away from the grips of the central planners.

 
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The Deflation Monster Has Arrived

And it sure looks angry
Friday, January 15, 2016, 8:53 PM

As we’ve been warning for quite a while (too long for my taste): the world’s grand experiment with debt has come to an end. And it’s now unraveling.

Just in the two weeks since the start of 2016, the US equity markets are down almost 10%. Their worst start to the year in history. Many other markets across the world are suffering worse.

If you watched stock prices today, you likely had flashbacks to the financial crisis of 2008. At one point the Dow was down over 500 points, the S&P cracked below key support at 1,900, and the price of oil dropped below $30/barrel. Scared investors are wondering:  What the heck is happening? Many are also fearfully asking: Are we re-entering another crisis? » Read more

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Markets Are Correcting Hard

An assessment of the risks of things getting worse from here
Friday, January 8, 2016, 1:41 AM

The long-awaited global financial market correction has arrived. We are seeing collapses in all major markets and across all major categories.

As usual, the pain has started at the edges, in the weaker elements (emerging markets, junk bonds, weak companies, etc.) and is rapidly spreading towards the center. » Read more

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How To Lose Weight

Adam's first-hand experience
Friday, January 1, 2016, 1:15 PM

Happy New Year's Day!

If you're like most people around the world, you're spending time today planning your resolutions for 2016.

And if you're like most people, 'losing weight' is probably on your list. » Read more

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Boosting Our Message

3 easy steps that really do help
Thursday, December 31, 2015, 2:06 PM

Our new book Prosper!: How to Prepare for the Future and Create a World Worth Inheriting has been out for a little over a month now. All in all, it's off to a very good start. » Read more