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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, 9:40 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

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VIDEO: Losses Hurt More Than Gains Help

What Prospect Theory tells us
Friday, October 21, 2016, 8:23 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

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What Triggers Collapse?

Massive disruption often happens quickly
Friday, October 14, 2016, 6:33 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

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Do We Really Want A War With Russia?

Because we're in danger of getting exactly that
Friday, October 7, 2016, 3:49 PM

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

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The Fuzzy Numbers Behind Initial Job Claims

Goverment statistics delude us once again
Thursday, September 29, 2016, 11:45 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

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The Banquet Of Consequences Is Being Served

Prepared just for us by the central banking cartel
Wednesday, September 28, 2016, 9:58 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

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Hell To Pay

The final condition for a market crash is falling into place
Friday, September 23, 2016, 5:23 PM

Those familiar with my writing know I put the word “markets” in quotes because we no longer have a financial system where legitimate price discovery is a regular -- or even recognizable -- feature.

It's destined to fail. What more can be said about such a flawed system?

Well, a lot as it turns out. 

And failure to pay attention at this stage of economic and ecological history will prove to be exceptionally painful. » Read more

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The Importance Of Perseverance

Without training to overcome adversity, wealth is soon lost
Friday, September 16, 2016, 9:16 AM

There are literally thousands and thousands of books that have been written on how to amass wealth. Some excellent, some less so; and too many not worth the paper they're printed on. Each posits its own special strategy, promising a future of riches to the reader. Of course, were there a sure-fire recipe for making millions, it's a safe bet that the last thing the guy who figured it out would do is share it with the world.

But as mentioned, some of these books have real value. One whose lessons have stuck with me in the decades since I first read it is The Millionaire Next Door: The Surprising Secrets of America's Wealthy, first published in 1996 by two PhD researchers, Thomas Stanley and William Danko, » Read more

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If Everything's Doing So Great, How Come I’m Not?

Are you better off than you were 10 years ago?
Friday, September 9, 2016, 8:26 PM

Whether it's struggling to keep up with the rising cost of living, a 0% return on savings, working longer hours while real wages stagnate, scrimping to pay back education loans, despairing at the abuses of power in our banking and political systems, or lamenting the loss of nourishing social interaction in our increasingly isolated and digital lifestyle — most "regular" people find their own personal experiences to be at odds with the rosy "Everything is awesome!" narrative trumpeted by our media. » Read more

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Charles Krupa

Sorry Losers!

How the Fed has screwed the many to benefit the few
Friday, September 2, 2016, 4:48 PM

By its actions, the Federal Reserve has selected a precious few winners and many, many losers.  Sadly, you are highly likely to be one of the losers.

Sorry!

I'm one, too, if that helps soften the blow.

But we have a lot of company. » Read more