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It’s that time of year again, when the urgent emails start arriving asking “Do you have anything I can give to  my husband/wife/kid/buddies for the holidays?”

Why yes. Yes, we do…

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A full decade and some $14 Trillion in newly-printed money later, plus the cheapest interest rates in recorded history, and yet the central banks have not been able to restore growth to the global economy. The experiment has failed.

What good is Dow 30,000 if 75% of us can’t afford a house or scrape together $400 in an emergency?

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As we look at the multiplying signs of failure across our economy and the environment, society is slowing realizing that we need to start doing things differently if we want a future to be proud of. Those awakening to this are asking: What should we do?

I think a better question to ask is: What’s possible?

That’s the question that has been waking me up early in the morning for the past few weeks.

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Chris caught petroleum geologist Art Berman right before he went on stage to deliver a presentation on the limitations of shale oil (his excellent slides can be found here). The world is finally starting to realize that the profit-making potential of this space was drastically over-hyped.

But more important, warns Art, is that the souring sentiment on shale oil is a reflection on the bigger challenge ahead of us: How we will power the world in a future of declining net energy?

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Chris and I have been tremendously busy behind the scenes for the past several months (ever since our April seminar) working on big plans to substantially multiply this site’s impact.

Through them, we intend to bring the Peak Prosperity message to many more people, produce more content at higher quality than we’re currently able to, and expand the resilience-building solutions we offer.

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Well, stocks are back at all-time highs. Ignited by the Fed’s “Not-QE” program and endless Trump administration teases of an “imminent” China deal, the S&P 500 has been propelled above its upward Bollinger band — a hyperextension only seen one other time since 2007.

Every week since Not-QE was announced has seen the S&P close green (this week finally ending the streak, barely). We’re officially in a melt-up, where both good news and bad news are accepted as valid reasons to push stocks even higher.

But what’s notable about this melt-up is that it’s missing a compelling narrative. Every past asset price mania required a feel-good mantra that convinced the masses “This time is different!”.

But today? What’s the radically better future being promised? Where’s the party train headed to?

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One the most personally meaningful podcast interviews we’ve done over the years was Our Evolutionary Need For Community, recorded with Peabody award-winning author Sebastian Junger.

Since recording our initial interview with Sebastian, we’ve often shared the insights from it with the Peak Prosperity tribe at live events and in our writings. So this week we decided to reconnect with Sebastian, and hear how his thoughts and conclusions on the topic have evolved since we last talked with him.

It’s clear that he believes more than ever that the future prosperity of our society will be rooted in rediscovering how to create and foster the communal bonds our tribal ancestors lived by. And that begins by taking an honest look at the narratives, behaviors, and modern conveniences and temptations that keep us trapped in unhappy, unhealthy isolation.

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