Blog

Enter a comma separated list of user names.
Blog

Smit/Shutterstock

The Power Struggle Unfolding Before Our Eyes

How it resolves will define the future we live in
Friday, November 25, 2016, 5:32 PM

A remarkably diverse array of “explanations” of Donald Trump’s presidential election victory have been aired, representing both the conventional political spectrum and well beyond.

While they very widely in terms of accuracy, all miss the bigger picture: the Public has begun a coup d'etat against the ruling elites. » Read more

Blog

Getting Multiple Emails from Us? Read This

The glitch has been fixed
Sunday, November 20, 2016, 7:44 PM

In the wee hours last night, disk space on an old system of ours filled up. That created a digital bottleneck that affected a number of processes of ours, including our email system -- which we didn't realize until we got things fixed a few minutes ago.

Sadly, in the hours we were troubleshooting this, many of you received multiple copies of this weekend's PP newsletter. I'm now receiving a number of understandably cranky emails from folks wondering why their email inboxes are getting bombarded.

Our sincere apologies for this inconvenience.

The good news is we *think* we've fixed the bottleneck, and the related cascade of issues. So the extra emails should not be getting sent anymore (if that's not the case, please let us know!) » Read more

Blog

SvetaZi/Shutterstock

We're Being Played

Our emotions are manipulated by persuasion & propaganda
Friday, November 18, 2016, 8:20 PM

The explosion of emotions during and after the Clinton-Trump race and Trump election caught many off guard.  Friends have been lost, family members estranged, and threats and hostility have boiled over in many relationships and communities.

In our consumer culture we are sold lots of things. Two weeks ago it might have been jeans and a TV, but last week it was fear.  And Loathing.  People were sold fear and loathing, and now it is ruining friendships, making people miserable, and setting the country apart. » Read more

Blog

Get Ready... Change Is Upon Us

The 'economic peace' we've enjoyed for decades is over
Friday, November 11, 2016, 8:05 PM

At certain times, it’s really not that hard to predict "what" is going to happen next after disastrously short-sighted and self-interested policies are enacted. Predicting the "when", with precision, is much tricker. But obvious misguided economic policies are destined to have a limited period of apparent (but false) prosperity, after which they end with a nasty Bang!.

We have entered just such a time. This isn't a Trump vs Clinton thing; I'd make this claim regardless of who won this week's presidential election -- as our plight is much bigger than a single Administration. And my observation is that neither political party had much interest beyond some temporary election year lip-service to the economic plight of the middle class.

And by “middle class” I mean anybody not in the top 5% economic bracket. For those doing the math at home, that leaves the remaining 95% of us stuck in the meat grinder. » Read more

Blog

Orlok/Shutterstock

We Risk Being Collateral Damage In The Neocon Lust For War

So much so that I've upped my personal preparations
Friday, October 28, 2016, 8:40 PM

Among the many conflicts that are boiling over, the one that concerns me the most -- by far -- is the West's very intentional efforts to demonize Putin specifically, and Russia generally.

Blatantly obvious propaganda is being used, most heavily by the very same (and unrepentant) main stream media outlets that were used the last time around -- when we ended up commencing a 'pre-emptive' war based on ginned-up intelligence that turned out to be wholly false. We owe it to ourselves not be so easily led this time around. » Read more

Blog

VIDEO: Losses Hurt More Than Gains Help

What Prospect Theory tells us
Friday, October 21, 2016, 7:23 PM

As biological organisms, humans are motivated by pain and pleasure.

But interestingly, while we tend to think of these as equal motivators, they aren't.  » Read more

Blog

What Triggers Collapse?

Massive disruption often happens quickly
Friday, October 14, 2016, 5:33 PM

Though no one can foretell the future, it is self-evident that the status quo—dependent as it is on cheap oil and fast-expanding debt—is unsustainable. So what will trigger the collapse of the status quo, and what lies beyond when the current arrangements break down?  Can we predict how-when-where with any accuracy? » Read more

Blog

Sasilssolutions/Shutterstock

Do We Really Want A War With Russia?

Because we're in danger of getting exactly that
Friday, October 7, 2016, 2:49 PM

I wish I could say things were improving between the US and Russia but they aren't. They're rapidly worsening. » Read more

Blog

Edler von Rabenstein/Shutterstock

The Fuzzy Numbers Behind Initial Job Claims

Goverment statistics delude us once again
Thursday, September 29, 2016, 10:45 AM

“Fuzzy Numbers” is one of the most popular video chapters within The Crash Course. It explains many of the ways that government statisticians routinely distort economic truth, making things seem rosier than they are. » Read more

Blog

Lightspring/Shutterstock

The Banquet Of Consequences Is Being Served

Prepared just for us by the central banking cartel
Wednesday, September 28, 2016, 8:58 AM

The Fed and its central banking brethren (most notably the European Central Bank, Bank of Japan, Bank of England and Bank of China), have decided to sacrifice investing for tomorrow (namely savings and productive enterprise) in favor of higher prices today for financial assets. By keeping interest rates historically low -- and increasingly negative -- around the world, they have pushed capital much farther out the risk curve than it deserves to be, added trillions of more debt into an already dangerously over-leveraged economy, and lavishly rewarded the rich elite at the expense of everyone else.

As Stevenson wrote, sooner or later, the banquet of consequences must be supped on. And for the Fed, the dinner bell is ringing. » Read more