"Locally there are lots of nice, tidy, quarter-of-a-million-dollar investments sitting there that the large companies will not do because their overhead is too high. So one of my themes is look in your own backyard -- focus on fiscally-conservative, sound investments and focus on local employment. You will be surprised at the opportunity that just leaps out at you."
So says Francis Koster, author of the new books Rescuing Your Local Economy and Rescuing School Kids who specializes in identifying community investment opportunities that offer attractive returns for the capital provider as well as long-term benefits for the local residents.
In this podcast, Francis highlights a number of the case studies he's collected at his website, The Optimistic Futurist, where motivated individuals have improved their local schools, roads, food, water supply, etc. while earning double-digit returns. These models can be adopted in nearly any community, which is the purpose behind Francis' work. » Read more
An exposé of the ugly global battle for control of resources
by Adam Taggart
Sunday, March 6, 2016, 1:51 AM
If you're hoping to have a 'feel good' day today, we're about to owe you an apology.
John Perkins, author of The New Confessions of an Economic Hit Man, is someone we've been trying to get on the program for some time. He tells a dark story of an elite cabal working in the shadows to subjugate governments as it pursues ever-greater control of the planet's resources. » Read more
As transformational as the fall of the Berlin Wall
by Adam Taggart
Sunday, February 21, 2016, 7:26 PM
As we've been watching closely, something is wrong with the big banks. Their shares have lost 25-33% of their market value since the beginning of the year. What's going on?
The turmoil seems greatest in Europe, where bank shares have fallen the hardest, and negative interest rates have appeared with increasingly frequency across member countries.
To make sense of it all, we've invited Steen Jakobsen back on, Chief Investment Officer of Saxo Bank, who can provide an eyes-on-the-ground perspective on the European banking system from his location in Copenhagen. » Read more
Derivatives threaten to topple the global financial system
by Adam Taggart
Tuesday, January 19, 2016, 9:04 PM
Precious metals guru David Morgan returns to address the great threat to the global financial/monetary system from derivative risk.
He sees the world at an unprecedented moment in history where the interconnected nature of the global economy makes all players vulnerable to the mind-boggling volume of outstanding derivatives, which makes the sum of all world equity + debt look tiny in comparison (if you haven't seen it yet, look at this visual from The Money Project).
For those who enjoyed his encyclopedic 2015: Year In Review, this week we spend an hour with David Collum to ask: After processing through all of that information, what do you think the future is most likely to bring?
Perhaps it comes as little surprise that he sees the global economy headed back down into recession, one that will be deeper and more damaging than the 2008 crisis. » Read more
Grant Williams returns this week to set the context for this week's FOMC meeting, where the Federal Reserve is widely expected to hike interest rates for the first time in nearly a decade. To say he is very skeptical of the Fed's ability to continue to control market forces much longer is a gross understatement. » Read more
Producing more food, and more profits -- sustainably
by Adam Taggart
Saturday, May 23, 2015, 3:12 PM
Here at Peak Prosperity, we're continuously on the hunt for new models that offer promise for a better future. These tend to be models of stewardship and sustainability, which contrast starkly with society's current focus on resource consumption and exploitation.
The farming model being pioneered at Singing Frogs Farm, a small micro-farm in northern California is one such example of doing things "right". Developed over years of combining bio-intensive land/forestry management theory with empirical trial & error, the farming practices at Singing Frogs have produced astounding results. » Read more
Fourth turnings are characterized by a growing demand for social order, yet supply of it remains weak. The emergence of the surveillance state, a perpetual war machine, increased intervention in the markets by the central planners, greater government control of critical systems like health care and the Internet -- all of these are classic signs that we are well into a fourth turning now. » Read more
Richard Gould is a Professor Emeritus of Anthropology at Brown University (where I was his student) and one of the foremost experts on hunter-gatherer societies. In the 1960s, he and his wife spent years living with the aborigines in Australia's Western Desert, observing first-hand their way of life. Through study of these people and many others around the world, his work focused on understanding how human culture and behavior adapts to environmental stress, risk and uncertainty.
We've invited him to this week's podcast to discuss what insights ancient cultures may be able to offer in terms of "natural human behavior" that may fit well within our specie's blueprint. » Read more
David Stockman, former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC, The Fed, and Wall Street work and intersect better than he does.
He's extremely concerned by the "perfect storm" he sees of concurrent failures in US policy across foreign, monetary, economic, fiscal fronts: » Read more