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Off The Cuff: The Message Is Propagating

Suddenly, the media is interested in our story
Friday, February 10, 2017, 11:26 AM

In this week's Off The Cuff podcast, Chris and I discuss:

  • Chris' recent presentation to NASA
  • The promise of our current meetings in Dallas with large media outlet
  • The recent spike in media interest in the Peak Prosperity message
  • Why the markets are "too calm" right now

While on the road, Chris and I sit down to share our observations of the fast start to 2017 that Peak Prosperity is experiencing. Likely due to the uncertainty following the US presidential election, this is the busiest start we've seen in years in terms of new audiences requesting access to the PP.com message.

I ask Chris for a debrief of his trip to Pensacola, FL last week for NASA's centennial celebration -- where he and other big brains discussed what should be NASA's priorities for the next 100 years. Then, he and I discuss the warm reception our message is receiving from the large media company we're meeting with in Dallas. » Read more

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Fight Cage

It's time we stop being the victims in this experiment
Tuesday, February 7, 2017, 12:51 PM

To my eye, society is fraying apart. People are confused, angry, isolated, and increasingly willing to fight each other. Formerly peaceful resistance is turning into violence. Our baser emotions like fear, anger -- rage, even-- are now bubbling at the surface.

It's entirely reasonable for people to be experiencing such emotions right now. But in most cases, their anger is misdirected. » Read more

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Off The Cuff: Trouble Returns To Europe

The end of the Eurozone experiment may be nigh
Saturday, February 4, 2017, 12:51 AM

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • Trouble In Europe
    • The end of the Eurozone experiment may be nigh
  • Our Justice System
    • Where to the Supreme Court?
  • Trump's Shake Up
    • Will he make it 4 full years?
  • Gold Strength
    • The metal and the miners are looking better

Mish returns this week to discuss the brewing stormclouds in Europe. As nationalist candidates gain popularity, growth slows, refugee challenges persist, and friction with the US builds, the binds between the countries in the Eurozone are weakening quickly.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

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Hell, Described

It will make you sick, literally
Wednesday, February 1, 2017, 5:17 PM

There was an LA Times investigation of Oxycontin and Purdue Pharma’s behavior in introducing that pill, which is at the very heart of the opioid epidemic.  Certainly there are a lot of people in physical and emotional pain who are also seeking relief, but they are “assisted” by a pill formulation that is specifically, in a word, evil.

The basic outline of the story is that Purdue Pharma had a morphine formulation going off patent and they were shall we say eager to replace that product with another.  » Read more

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Preparing Prudently

Specific steps towards security & self-sufficiency
Friday, January 27, 2017, 9:13 PM

Executive Summary

  • Why most of those around you will not prepare, despite the obvious risks
  • Why the risks are bigger now than most realize
  • Positioning yourself ahead of the trend
  • The steps for prudent preparation

If you have not yet read Part 1: When The Rich Become Preppers, It's Time To Worry available free to all readers, please click here to read it first.

People Aren’t Rational

Unfortunately, very few people make decision based on logic and/or rational calculations.  Most go by emotion.   If their pre-existing belief system is confirmed by something they will do it (or buy it, or learn it) but if not, then forget it.  Data doesn’t matter.

I am sure you’ve all encountered this in your own lives, perhaps by trying to spread the warnings of The Crash Course to otherwise intelligent, thoughtful people who somehow just cannot even bring themselves to confront the troubling data.

Not because they are unable intellectually, or even that the data is all that troubling, but usually because their belief system cannot digest the information contained therein.  One of the more dominant belief systems out there is that “the government will take care of me/us.”

This is not at all surprising given that we are raised in a very structured and authoritarian educational system.  Most of us that is.  The repetition of believing that a right answer always exists at the front of the room subtly reinforces the idea that you can trust in the hierarchies present in your culture.

And so it’s not much of a stretch to then invest that same comfort of knowing in the hierarchy of the political structure, or government, too.  To attack or undermine the idea that there is a large, benevolent set of public institutions out there is to undermine the very basis of faith in authority.

That’s a biggie for most people, and not easily dislodged.  This is why it can be so difficult to get someone to even consider storing an extra months’ worth of food in their otherwise barren pantry.  It has nothing to do with cost or space…it has to do with the new belief system that  would have to be installed first which is something along the lines of “maybe the system I trust so completely is slightly untrustworthy, and the people operating are not really as in control of it as I like to think.”

And even then, it’s not that simple.  Dislodging a belief system and installing a new one is not an intellectual process, but an emotional one.  Those are expensive for people under even the best of circumstances but really quite difficult if one lives in a country where emotions are clamped down, not permitted, drugged away, or otherwise subjugated and not allow to flow freely.

The point of all this is to be able to rotate the cube a bit and ask what happens when a mass of people suddenly all decide that their existing belief system isn’t working out anymore?

The herd is now skittish as a result of the tensions which are, in my experience, as high as they have ever been across the social fabric.

Rich people are feeling nervous because... » Read more

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Off The Cuff: Dow 20,000!!

Everything's awesome....right?
Thursday, January 26, 2017, 6:42 PM

In this week's Off The Cuff podcast, Chris and John Rubino discuss:

  • Dow 20,000!!
    • Everything's awesome....right?
  • All Hail Our Banking Overlords!
    • Manipulation and collusion abound in today's financial system
  • The Elites Are Beginning To Worry
    • Buying bunkers and retreats in a hurry
  • Hypocrisy Of The Extortionist
    • Our leaders are happy to berate the system once they leave it

The Dow Jones index just crossed the 20,000 milestone for the first time in history. The financial media is applauding, newly-elected President Trump is boasting -- should we just stop worrying and concede that everything is going great now?

Chris and John Rubino certainly don't think so. They see the Dow's 20k milestone as stark evidence of the massive set of asset bubbles created by the world's central banking cartel. Print up trillions and trillions of thin-air money and it has to go somewhere.

They lament that our political, regulatory and corporate leaders remain ignorant (willfully or cluelessly) of this. And as long as that continues, the excesses and resultant unfairness (wealth gaps, cost of living unaffordability, etc) will grow unchecked -- making the pain of the inevitable collapse that much more painful to society.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

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Walt Kelly

Off The Cuff: Meeting The Enemy

A hard look in the mirror
Tuesday, January 24, 2017, 1:45 PM

In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

  • The Intelligence Wars
    • When everyone is pointing fingers, whom are we to believe?
  • The Need For Humility
    • Our current hubris is destroying the systems we depend on
  • The Enemy
    • Is our our "neo'" agenda, whichever side of the aisle it's on
  • Fixing Our Broken Healthcare System
    • Reform needs to start with our own behavior

"We have met the enemy and he is us"

~ Pogo (Walt Kelly)

This week Chris and Charles hold up a harsh mirror to American society. So many of the long-term predicaments we face are issues of our own making, pursuits that benefit an elite few at the expense of the rest of us. The good news here is that we still have time to dramatically improve our odds of a better future by choosing to make different decisions going forward. The all-important question is: But will we?

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

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flcikr

Too Much Complexity Is Killing Us

Why the decline is accelerating from here
Wednesday, January 18, 2017, 11:13 PM

There’s a line of thinking -- one that we ascribe to here at PeakProsperity.com -- that says today’s problems are far more complex and numerous than those we've dealt with in the past. In fact, some of them are actually predicaments -- meaning they have no solutions, only outcomes that we'll need to manage.  Moribund economic growth is only as high as it is due to massive debt binging. Ecological and energy issues are accelerating, and will for sure rear their heads at inopportune times not of our choosing.

Said another way: Eventually we're going to have to pay the bill. » Read more

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Fixing The Future

How to take charge of your destiny
Friday, January 13, 2017, 11:50 PM

Executive Summary

  • The gigantic predicament we all face
  • What you should do, as a concerned individual
  • What WE should do, as a society
  • Contributing to the new narrative

If you have not yet read Part 1: Mad As Hell available free to all readers, please click here to read it first.

It simply has to be said; there appears to be little to no public appetite for facing reality. 

At least not without some sort of a calamity or forcing function to press the issue that will wake up enough people and call out what leadership actually exists to finally step up and begin to deliver.

The many predicaments and extreme complexity require astonishingly great leadership to address and there’s really none of that to be found anywhere at the moment.

So we must adopt a two prong approach in our lives to both deal with the coming calamities and lay the groundwork for the next stage of things.

As it stands right now, the central banks are mainly interested in propping up the asset markets which is only serving to enrich the already stupendously rich with a few minor scraps for enough upper and middle class people to keep them content to play along.  While this is being done, enormous imbalances are being created even as the underlying structural issues remain unaddressed.

Some of these are even dead simple, single factor financial issues, which should be among the easiest to detect and address yet these to remain unexamined and unaddressed.  Examples include exponentially increasing debt-per-capita in Japan (goosed by demographics) and pensions being utterly gutted by too-low interest rates.

If the simple math of these situations is still too difficult and complex to allow for any sort of proper response, we have to then conclude that the more subtle and intractable and larger issues we face are even further out of reach.

Here I am talking about needing to... » Read more

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Off The Cuff: Our Out-Of-Control Cost Of Living

Health insurance for Chris' family went up 61%(!) this year
Thursday, January 12, 2017, 10:14 PM

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • The Runaway Cost Of Health Care
    • The premium for Chris' family went up 61%(!) this year
  • A Failure Of Intelligence
    • The lack of substance underlying the latest smear campaign
  • Fake News
    • When everyone is covered in mud, whom can you trust?
  • What To Expect As The Presidential Torch Gets Passed
    • How Trump's strategy is likely to depart from Obama's

Well, there's a lot of red meat tossed around in this latest podcast. There's something in it for nearly everyone to find righteous outrage with.

It begins with Chris railing about the year-over-year 61% increase just slapped onto his family's basic insurance plan. The ACA has quickly turned into a racketeering operation in many states like Massachusetts, where Chris lives. Mish joins in on the harsh criticism of the current system:

For some instances of some people, forty percent of their income going to health insurance.

And then look at the millennials. I mean, they've just decided to opt out. And who can blame them? They're not making enough money, but they just decided well, I’d rather keep it all. And they’ve decided that they will just rather pay the penalty if they get caught. But if they get sick, then they’ll join on the spot and get coverage. That’s the game everyone's being forced to play.

And nowhere along the line, as we’ve discussed many times, is there any impetus to control costs. And not only are there not any controls, there was nothing written into the legislation. And meanwhile, they call it the "Affordable" Care Act. As with any act of government, it has the exact opposite effect of its title. 

From there, Chris and Mish tackle the recent intelligence debacle where our government and media are trumpeting "findings" that are backed by zero evidence and unverifiable innuendo. When all sides look incompetent, where do you turn for trustworthy information?

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more