Tag Archives: australia

  • Blog

    Collapse Is Already Here

    It's a process, not an event
    by Chris Martenson

    Sunday, March 10, 2019, 11:54 AM


    Many people are expecting some degree of approaching collapse — be it economic, environmental and/or societal — thinking that they’ll recognize the danger signs in time. 

    As if it will be completely obvious, like a Hollywood blockbuster. Complete with clear warnings from scientists, politicians and the media.  And everyone can then get busy either panicking or becoming the plucky heroes. 

    That's not how collapse works.

    Collapse is a process, not an event.

    And it's already underway, all around us. 

    Collapse is already here.

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  • Insider

    Tuning Into Reality

    Here's the hard data that they *don't* want you to see
    by Chris Martenson

    Friday, February 22, 2019, 5:48 PM


    Executive Summary

    • The central banks are the key players at this stage. When they fail, the system will fail.
    • How today's Frankenmarkets are poised to collapse
    • Where we see the most convincing signs that the global economy is now falling into recession
    • Why we should expect bad times to lead to even worse decisions

    If you have not yet read Part 1: We're Living In 'The Groundhog Show', available free to all readers, please click here to read it first.

    The reason I still get angry and frustrated from time to time is because we’re just wasting very important time and resources that really ought to be dedicated to other pursuits.

    As I watch the US electorate recklessly lurch from one emotional outrage to another, I truly wonder if this is really just the emergent outcome of how events spread virally — or if it’s not something more intentional and sinister. Is this all a program designed to keep people revved up but pointed in the wrong directions?

    So if you find yourself increasingly feeling that things are really off track, that’s probably because you’ve also been paying close attention to the news. Whether by design or default, this doesn’t speak well to our ability to rally effectively to address the many massive predicaments society faces.

    As an ex-Facebook executive said about the nefarious aspects of the social media phenomenon he helped to create, “No civil discourse, no cooperation, misinformation, mistruth; you are being programmed.”

    That closely matches what I am seeing in the online world now. And it’s really unfortunate, because the stakes are so high. We really need to begin preparing for a very different future.   

    Which is hard, if not nearly impossible to do in a fractured and polarized world such as the one that’s been emerging over the past few years.

    The central banks are at the very center of it all.  The financial markets have taken on a new significance in the world and are now one of the prime, if not the prime, signaling mechanisms used by central planners to communicate with the world.

    So it's critical to understand that the most important factor in play is…

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  • Daily Digest
    Image by thelightinlife, Flickr Creative Commons

    Daily Digest 5/7 – France’s Budget Gap Widens, Australia Faces Decade Of Debt

    by saxplayer00o1

    Wednesday, May 8, 2013, 2:03 PM

    • Unemployment haunts Social Security recipients
    • Spanish Banks Refinanced, Restructured $272.4 Billion in Loans
    • Australia faces decade of debt, economists warn
    • France's budget gap widens in March
    • L.A. city employees urge leaders to go after uncollected fees, taxes to balance $7.7B budget
    • Copper theft epidemic has lawmakers looking for answers
    • Wall Street sees Fed buying $1.25 trillion of assets in stimulus: Reuters poll
    • India's cheap food plans to prove costly for government
    • French Industrial Output Drops as Hollande Aims to Revive Growth
    • Wichita school district counts record number of homeless children
    • Greenspan-Era Faith in Fed Seen With Bernanke: Chart of the Day
    • Many Americans say they can't retire until their 70s or 80s
    • Bankers Warn Fed of Farm, Student Loan Bubbles Echoing Subprime
    • Australian Central Bank Cuts Key Rate to Historic Low
    • New red light camera law could raise cost of appeals
    • Moody’s Says Cities View ‘Strategic Default’ as Less Taboo

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  • Blog
    © Liqiang Wang | Dreamstime.com

    Unintended Consequences Are Increasing World Demand for Gold

    Can the price remain this low with tightening supply?
    by Chris Martenson

    Wednesday, April 17, 2013, 9:26 PM


    With the financial experts claiming, some gleefully, that gold has "lost its safe haven status" in the aftermath of its biggest tumble in 30 years, many commentators  thought (hoped?) that the dramatic price drop would steer people away from gold ownership. To my eyes, the past week has all the earmarks of a high-gloss propaganda campaign complete with well placed anti-gold stories in the media and the careful use of language aimed at sowing doubt about gold's ability to be a store of wealth.

    But for those who consider gold a store of value, the recent gold slam is a gift: an invitation to purchase more sound money with fewer units of paper currency. In other words, a sweet deal.  Gold and silver on sale and the world is taking advantage.

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  • Blog

    James Rickards: Paper, Gold, or Chaos?

    by Adam Taggart

    Friday, February 17, 2012, 6:29 PM


    History is replete with the carcasses of failed currencies destroyed through misguided intentional debasement by governments looking for an easy escape from piling up too much debt. James Rickards, author of the recent bestseller Currency Wars: The Making of the Next Global Crisis, sees history repeating itself today — and warns that we are in the escalating stage of a global currency war of the grandest scale.

    Whether it ends in hyperinflation, in the return to some form of gold standard, or in chaos, history is telling us we can have confidence that it will end painfully.

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  • Blog

    Daily Digest 1/11 – Invention of Money, Food Prices Spike in Australia, EMU Debt Crisis

    by DailyDigest

    Tuesday, January 11, 2011, 4:00 PM

    • Toward Sensible Monetary Policy
    • The Invention of Money
    • Monday Market Movement – 10 Days of ’11
    • Food Prices Set To Spike In Wake Of Floods
    • Virginia Creates Subcommittee To Study Monetary Alternatives In Case Of Terminal Fed “Breakdown”
    • EMU Debt Crisis Edges Ever Closer To The Core
    • 300 Year Old Food Forest in Vietnam

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  • Blog

    Daily Digest 9/28 – Gold As Final Refuge, Savers Told To Start Spending, Seafood in Crisis

    by Chris Martenson

    Tuesday, September 28, 2010, 3:54 PM

    • Gold Is The Final Refuge Against Universal Currency Debasement
    • Billionaire Steve Forbes Singles Out Australia As Light In Financial Crisis
    • Medvedev Seeks Hi-Tech Partnership In China
    • Japan Re-Engages Africa In Bid To Boost Global Relevance And Influence
    • U.S. Treasury Stumbles Selling Citi Shares
    • Like A Thief In The Night
    • Savers Told To Stop Moaning And Start Spending
    • Seafood Crisis

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  • Blog

    Daily Digest – March 14

    by Davos

    Saturday, March 14, 2009, 4:01 PM

    • Talkback: I’m Nominating Chris, I hope you do too
    • Cramer Jon Stewart Face-off
    • Obama: Economic crisis ‘not as bad as we think’
    • Treasuries Drop as Stocks Gain, China Asks for Debt Assurance
    • Wen Voices Concern Over China’s U.S. Treasurys (H/T Turbo)
    • China "worried" about US Treasury holdings
    • Berkshire Loses Top Rating on Investments, Buffett Role
    • Companies at the Greatest Risk for Default
    • Illinois Income Tax May Jump 50 Percent (H/T Turbo)
    • Perry rejects $555 million in federal stimulus money
    • Geithner Seen As A Mistake, Steve Rattner The Fallback Plan

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