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Keep Your Eyes On The Prize

It’s always and ever about energy
Wednesday, December 31, 2014, 3:21 PM

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.

It is so simple it could be worked out by a clever 4 year-old and yet it must not be so simple because the main narrative of every economy in every corner of the globe rests on the idea of endless, infinite growth. » Read more

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Martin Capek/Shutterstock

Future Shock - Crash Course Chapter 25

The unsustainable often ends abruptly
Friday, December 26, 2014, 11:24 PM

Chapter 25 of the Crash Course is now publicly available and ready for watching below.

Here at the penultimate chapter of The Crash Course, everything we've learned comes together into a single narrow range of time we'll call the twenty-teens. 

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. » Read more

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Finca Las Nubes

An Opportunity To Live Resiliently

A sustainable community seeks a few good members
Thursday, December 25, 2014, 4:54 PM

After watching the Crash Course, who among us hasn't felt insecure with where we live?

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 "get" the importance of cultivating resilience....  Sounds pretty good, right?

But what exactly is a "sustainable community" anyways? How do you find one? What's it like to live there? How do you know if it's all going to work out in the long run?

 
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Holiday Wishes

Gather around our virtual hearth
Wednesday, December 24, 2014, 8:47 PM

Happy holiday wishes from Peak Prosperity!

Thank you for the gifts of your participation in & support of this site. We're hard at work cobbling up a few new gifts of our own for you -- new content, new site features, and more. These 'presents' will start arriving in the next few weeks...  » Read more

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Oleksii Sergieiev | Dreamstime.com

The Dangerous Economics of Shale Oil

Today's lower prices will kill the shale 'miracle'
Tuesday, December 23, 2014, 3:31 PM

For years, we've been warning here at PeakProsperity.com that the economics of the US 'shale revolution' were suspect. Namely, that they've only been made possible by the new era of 'expensive' oil (an average oil price of between $80-$100 per barrel). We've argued that many players in the shale industry simply wouldn't be able to operate profitably at lower prices.

Well, with oil prices now suddenly sub-$60 per barrel, we're about to find out. » Read more

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Creativa Images/Shutterstock

2014 Year in Review: Part 2

Will 2015 be the year it all comes tumbling down?
Friday, December 19, 2014, 12:27 PM

This year has been all about risk—existential risk. Some of it seemed to dissipate and some lingers.  Market valuations remain risky—regression to the mean could easily provide a 50% haircut and more if we observe regression through the mean. This has not come to pass, but the risk is very real.

Those who seek risk in markets will eventually find it. » Read more

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E_K/Shutterstock

2014 Year in Review

The year we piled up risks like a global game of Tetris
Friday, December 19, 2014, 12:27 PM

I have not seen a year in which so many risks—some truly existential—piled up so quickly. Each risk has its own, often unknown, probability of morphing into a destructive force. Groping for a metaphor—I love metaphors and similes—I feel like we’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’s ever stepped barefoot on a Lego knows. » Read more

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wacomka | Dreamstime.com

PeakProsperity.com Gift Subscriptions

Give the gift of the 'red pill' this year
Thursday, December 18, 2014, 9:53 PM

Have anyone important in your life you still need to buy a present for?

Giving the gift of the 'red pill' is easy.  Simply choose the length of enrollment you wish to give – $30 for one month, $80 for three months, or $300 for one year  and make a payment via this link» Read more

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Who Will Be Tomorrow's Superpower?

The geo-political map is set to change. Is the world ready?
Wednesday, December 17, 2014, 11:15 AM

There’s a popular geopolitical parlor game called Who will be the next superpower?

While the game excels at triggering a mind-fogging tsunami of nationalistic emotions, it doesn’t shed much light on the really consequential question: What is power?

These are important questions to ponder as, around the world, unsustainable policies from the 20th century are beginning to fail in earnest. What will the future geopolitical landscape look like in their aftermath? » Read more

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Deflation Is Winning

And central banks are running scared
Wednesday, December 10, 2014, 11:21 AM

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, “Deflation: It Can’t Happen Here” ?

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.

Little did anyone know at the time that this game plan would become the Fed’s exact response to the credit market crisis and deflationary impulse that erupted in 2008 and 2009. » Read more